Key facts
- Beds
- 8
- Baths
- 6 full · 1 half
- Living area
- 5,027 sqft
- Lot
- 1.24 acres
- Year built
- 1927
- Type
- Residential · Single Family Residence
- Stories
- Three or more
- Garage
- 2 spaces
- MLS #
- 22125757
- County
- Marion
- Subdivision
- Bakers Walnut Grove
- Total building area
- 5,767 sqft
About this home
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.
Description provided by the listing brokerage.
Interior
- Appliances
- Interior features
- Kitchen
- Other rooms and areas
- Basement
- Fireplaces
- 2
- Fireplace type
- Laundry
- Windows
- Security
- Rooms
- 12
- Main-level bedrooms
- 2
Exterior
- Exterior features
- Patio and porch
- Construction
- Foundation
- Style
- Parking and garage
- Fencing
- Other equipment
Systems
- Heating
- Cooling
- Water
- Utilities
Lot and HOA
- Lot features
Schools
- Middle school
- Speedway Junior High School
- High school
- Speedway Senior High School
- School district
- School Town of Speedway
Taxes
- Estimated annual tax
- $6,420 / yearTwice the semi-annual installment the listing reports.
- Tax year
- 2025
Estimate your monthly payment
Estimates only. This calculator does not give a quote. Defaults reflect Marion County / Indianapolis averages: property tax from this home's actual county bill, homeowners insurance at 0.42% annually. Conventional: PMI runs 0.55% of the loan annually when your down payment is below 20%, and drops automatically at 22% equity. Your real number depends on credit, taxes assessed for the parcel, escrow, condo insurance, and HOA. Rates as of May 2026 and subject to change.
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