$675,000
You know how rare it is to find a property with this much character AND income potential? This Speedway gem has both in spades. Walking through this place, what strikes you immediately is how thoughtfully designed it is. The open floor plan feels both spacious and inviting, and there's this warmth throughout that's hard to describe but impossible to miss. Each of the 8 guest bedrooms has its own personality-unique touches that make guests feel special, not like they're staying in cookie-cutter rooms. The honeymoon suite? Honestly stunning. Four-poster bed, Jacuzzi, attached parlor-it's the kind of space people remember. Then there's the outdoor space. Beautiful landscaping, a front porch that practically begs you to sit with your coffee in the morning. Two masonry fireplaces add that classic touch. Three levels plus a basement give you room to grow or adapt however this property fits your vision. And the location-one mile from the Indianapolis Motor Speedway. If you know Speedway, you know what that means for rental income during race season and events throughout the year. This could keep running as the successful B&B it's been, or become your personal mansion in one of Indy's most unique neighborhoods. Either way, it's a rare find. Want to see it? Let's talk.
GPS Friendly
Attic Stairway, Built-in Features, Entrance Foyer, In-Law Arrangement, Eat-in Kitchen, Walk-In Closet(s), Dishwasher, Dryer, Free-Standing Freezer, Microwave, Gas Oven, Double Oven, Refrigerator, Washer, Gas Water Heater, Gazebo, Covered, Cable Connected
| MLS # | 22072104 |
|---|---|
| Date Listed | 2025-11-06 |
| Status | Active |
| Property Type | Residential |
| Property SubType | Single Family Residence |
| Square Feet | 5767 sqft |
| New Construction | No |
| Style | Colonial, Traditional |
| Type | Single Family Residence |
| Basement | Finished Walls |
| Bedrooms | 8 |
| Bathrooms | 7 (6 Full, 1 Half) |
| Year Taxes Payable | 2024 |
| Year Built | 1927 |
| Days on Market | 30 |
| Design | Colonial, Traditional |
|---|---|
| Cooling | Central Air |
| Heating | Zoned, Forced Air, Natural Gas |
| Garage | Yes |
| Construction | Single Family Residence |
|---|---|
| Exterior | Gazebo, Covered |
| Lot Size | 53,840 sq ft |
| Acreage | 1.24 Acre |
| Sewer | Municipal Sewer Connected |
| Water | Public |
| Fence | Full |
| Area | Marion |
|---|---|
| County | Marion |
| Subdivision | Bakers Walnut Grove |
| Township | Wayne |
| City | Speedway |
| State | IN |
| Zip | 46224 |
| School District | School Town of Speedway |
|---|---|
| Middle School | Speedway Junior High School |
| High School | Speedway Senior High School |
| Assoc. Dues | $0.00 |
|---|
MLS# 22072104
IDX information provided by the MIBOR REALTOR® Association.
IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS.
Listing Provided Courtesy of Lisa Phillips
Compass Indiana, LLC
lisa.phillips@compass.com
Listing updated November 11, 2025 at 9:29 am
Last checked 15 minutes ago