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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
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Listed with Compass Indiana, LLC
Listing information is deemed reliable, but not guaranteed.
© 2026 Metropolitan Indianapolis Board of REALTORS®
© 2026 Metropolitan Indianapolis Board of REALTORS®
This IDX solution is (c) Diverse Solutions 2026.
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