1829 Cunningham Road, Indianapolis, IN 46224

$575,000
8
BD
7
BA
5,767
SqFt

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List Price
$575,000
MLS#
22125757
Property Type
Residential
Bedrooms
8
Bathrooms
7
Sqft. of Residence
5,767
Year Built
1927
Days on Market
1
Status
ACTIVE

Property Description

Turnkey 8-bedroom, 6.5-bath bed and breakfast on 1.24 acres in Speedway, Indiana, one mile from the Indianapolis Motor Speedway. Built in 1927 and operating as an income-producing B&B, this 5,027 sq ft Colonial offers 12 rooms across three levels plus a finished basement, and sells fully furnished. Guest rooms occupy the main and upper floors while private third-floor owner's quarters keep the operator on site and out of the guest flow. The honeymoon suite features a four-poster bed, Jacuzzi, and attached parlor. A 27x16 family room, formal dining room, and eat-in kitchen with double oven, separate freezer, and gas range support full breakfast service and group bookings. Two masonry fireplaces, basement laundry, entrance foyer, built-in bookshelves, walk-in closets, and wood windows. Outside: gazebo, covered porch, mature trees, and a detached 2-car garage on a 53,840 sq ft lot with guest parking most Speedway properties cannot match. Municipal water and sewer, dual forced-air gas heat, central air, sump pump. School Town of Speedway. Race season, Brickyard weekends, concerts, and year-round Indianapolis demand have supported this property as an operating B&B. Furnishings, linens, and kitchen equipment convey. The hard part is already built: the rooms, the layout, the parking, and the address.

Additional Information

Basement
Finished Walls
Foundation
Block
Number of Fireplaces
2
Fireplace Description
Family Room, Gas Log
Stories
Three Or More
Architecture
Colonial, Traditional
Equipment
Smoke Alarm, Sump Pump
Interior
Attic Stairway, Built-in Features, Entrance Foyer, In-Law Floorplan, Eat-in Kitchen, Walk-In Closet(s)
Exterior Amenities
Storage
Acres
1.24
Heat
Zoned, Forced Air, Natural Gas
Cooling
Central Air
Financing
Conventional
Appliances
Dishwasher, Dryer, Gas Water Heater, Microwave, Double Oven, Gas Oven, Refrigerator, Free-Standing Freezer, Washer
Semi-Annual Taxes
$3,210
Garage
Yes
Region
Wayne
Areas
Bedroom Other on Main
Eating Areas
Formal Dining Room

Listing courtesy of Lisa Phillips from Compass Indiana, LLC

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