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.
Property Type(s):
Single Family
|
Last Updated
|
9/12/2026
|
Tract
|
Bakers Walnut Grove
|
|
Year Built
|
1927
|
Community
|
4909 - Marion - Wayne
|
|
Garage Spaces
|
2.0
|
County
|
Marion
|
SCHOOLS
| Jr. High School |
Speedway Junior High School |
| High School |
Speedway Senior High School |
Additional Details
| AIR |
Central Air |
| AIR CONDITIONING |
Yes |
| APPLIANCES |
Dishwasher, Double Oven, Dryer, Free-Standing Freezer, Freezer, Gas Oven, Gas Water Heater, Microwave, Refrigerator, Washer |
| AREA |
4909 - Marion - Wayne |
| BASEMENT |
Sump Pump, Yes |
| CONSTRUCTION |
Aluminum Siding |
| EXTERIOR |
Storage |
| FIREPLACE |
Yes |
| GARAGE |
Yes |
| HEAT |
Forced Air, Natural Gas, Zoned |
| INTERIOR |
Built-in Features, Eat-in Kitchen, Entrance Foyer, In-Law Floorplan, Walk-in Closet(s) |
| LOT |
1.24 acre(s) |
| PARKING |
Detached |
| STORIES |
3+ |
| STYLE |
Colonial, Traditional |
| SUBDIVISION |
Bakers Walnut Grove |
| UTILITIES |
Cable Available, Cable Connected |
| WATER |
Public |
Location
Listed with Compass Indiana, LLC
Listing information is deemed reliable, but not guaranteed.
© 2026 Metropolitan Indianapolis Board of REALTORS®
This IDX solution is (c) Diverse Solutions 2026.