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1829 Cunningham Rd, Indianapolis, IN, 46224

8beds
7baths
5,767sqft
$615,000
$107price/sqft
$4,724/moest. monthly cost
$188,960/yrincome needed

About This Home

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, act now to take advantage of the Month of MAY.

Getting Around

59
WalkingSomewhat Walkable
32
TransitSome Transit
66
BikeBikeable

Schools

9/10
10/10

Construction

Condition

  • Year built: 1927

Materials

  • Foundation: Block
  • Construction materials: Aluminum Siding

Type & Style

  • Home type: SingleFamily
  • Architectural style: Colonial,Traditional
  • Property subType: Residential,Single Family Residence

Interior

Appliances

  • Appliances included: Dishwasher,Dryer,Free-Standing Freezer,Microwave,Gas Oven,Double Oven,Refrigerator,Washer,Gas Water Heater

Basement

  • Has basement: Yes
  • Basement: Finished Walls

Bedroom2

  • Level: Main
  • Area: 168
  • Dimensions: 14x12

Bedroom3

  • Level: Upper
  • Area: 168
  • Dimensions: 14x12

Bedroom4

  • Level: Upper
  • Area: 168
  • Dimensions: 14x12

Bedroom5

  • Level: Upper
  • Area: 168
  • Dimensions: 14x12

Bedroom6

  • Level: Upper
  • Area: 280
  • Dimensions: 20x14

Bedrooms & Bathrooms

  • Bedrooms: 8
  • Bathrooms: 7
  • Full bathrooms: 6
  • 1/2 bathrooms: 1
  • Main level bathrooms: 3
  • Main level bedrooms: 2

Dining Room

  • Level: Main
  • Area: 143
  • Dimensions: 13x11

Family Room

  • Level: Main
  • Area: 432
  • Dimensions: 27x16

Features

  • Attic Stairway,Built-in Features,Entrance Foyer,In-Law Floorplan,Eat-in Kitchen,Walk-In Closet(s)
  • Number of fireplaces: 1
  • Fireplace features: Family Room,Gas Log
  • Fireplace: Yes
  • Attic: Permanent Stairs
  • Finished area below ground: 453

Heating & Cooling

  • Heating features: Zoned,Forced Air,Natural Gas
  • Cooling features: Central Air

Interior Area

  • Total structure area: 5,767
  • Total interior livable area: 5,767 sqft

Kitchen

  • Level: Main
  • Area: 140
  • Dimensions: 14x10

Living Room

  • Level: Main
  • Area: 156
  • Dimensions: 13x12

Master Bedroom

  • Level: Main
  • Area: 238
  • Dimensions: 17x14

Other

  • Level: Basement
  • Area: 210
  • Dimensions: 15x14

Other

  • Level: Upper
  • Area: 120
  • Dimensions: 12x10

Property

Details

  • Parcel number: 490536110003000914
  • Horse amenities: None

Features

  • Levels: Three Or More
  • Patio & porch: Covered
  • Exterior features: Storage
  • Fencing: Fenced,Full

Lot

  • Lot size: 1.24 Acres
  • Features: Street Lights,Mature Trees

Parking

  • Total spaces: 2
  • Parking features: Detached
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2