1829 Cunningham Road, IN 46224

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

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List Price
$575,000
Status
ACTIVE
Days on Market
1
MLS#
22125757
Subtype
Residential
Year Built
1927
Bedrooms
8
Bathrooms
7
Full Baths
6
Half Baths
1
Living Area
5,767
Acres
1.24
Subdivision
Bakers Walnut Grove
MLS Area Major
Wayne

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

Interior Features
Attic Stairway, Built-in Features, Entrance Foyer, In-Law Floorplan, Eat-in Kitchen, Walk-In Closet(s)
Exterior Features
Storage
Taxes
$3,210
Financing
Conventional
Appliances
Dishwasher, Dryer, Gas Water Heater, Microwave, Double Oven, Gas Oven, Refrigerator, Free-Standing Freezer, Washer
Air Conditioning
Central Air
Stories
Three Or More
Foundation
Block
Garage Spaces
2

Listing courtesy of Compass Indiana, LLC.

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