Property Attributes
- MLS#22105423
- TypeSingle Family
- Listing Status Active
- CountyMARION
- CitySpeedway
- AreaWayne
- NeighborhoodBakers Walnut Grove
- Zip46224
- StyleColonial,Traditional
- Year Built1927
- Taxes$ 6420
- Price$ 575,000
- Bedrooms8
- Full Bathrooms6
- Half Bathrooms1
- Sqr Footage5767
- Lot Size1.24 Acres
Data Source:
MIBOR Broker Listing Cooperative
Property Description
You know how rare it is to find a property with this much character AND income potential? This Speedway gem has both in spades. Moving 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.
| Middle School | High School |
|---|---|
| Speedway Junior High School | Speedway Senior High School |
| Price History | |
|---|---|
| 6/1/2026 | Listed $615,000 |
| 7/15/2026 | 7$575,000 |
General Features
| Heating | Zoned,Forced Air,Natural Gas |
|---|---|
| Cooling | Central Air |
| Utilities | Cable Connected |
| Possession | Closing |
| Appliances | Dishwasher,Dryer,Free-Standing Freezer,Microwave,Gas Oven,Double Oven,Refrigerator,Washer,Gas Water Heater |
| Garage Spaces | 2 |
| Patio/Porch Features | Gazebo,Covered |
| Architectural Style | Colonial,Traditional |
| Security Features | Smoke Detector(s) |
| Construction Materials | Aluminum Siding |
| Year Built | 1927 |
| Township | Wayne |
| Levels | Three Or More |
| Property Subtype | Single Family Residence |
| Tax Year | 2025 |
| County | Marion |
| New Construction | No |
| Property Type | Residential |
| HOA | No |
| Subdivision Name | Bakers Walnut Grove |
| Garage Y/N | Yes |
| Total Rooms | 12 |
| Full Baths | 6 |
| Status | Active |
| Directions | GPS Friendly |
| High School | Speedway Senior High School |
| City | Speedway |
| High School District | School Town of Speedway |
| MLS Area | 4909 - Marion - Wayne |
| Lot Size Square Feet | 53840 |
| Property Attached Y/N | No |
| Middle/Junior High School | Speedway Junior High School |
| Additional Parcels Y/N | No |
| Standard Status | Active |
| Tax Lot | 4 |
| Legal Description | Bakers Walnut Grove L4 |
Interior Features
| Interior Amenities | Attic Stairway,Built-in Features,Entrance Foyer,In-Law Arrangement,Eat-in Kitchen,Walk-In Closet(s) |
|---|---|
| Basement | Finished Walls |
| Total Fireplaces | 1 |
| Fireplace Features | Family Room,Gas Log |
| Basement (Y/N) | Yes |
| Half Baths | 1 |
| Laundry Features | In Basement |
| Total Bedrooms | 8 |
| Below Grade Finished Area | 453 |
| Main Level Bedrooms | 2 |
| LivingAreaSource | Assessor |
| Total Baths | 7 |
Exterior Features
| Exterior Amenities | Storage |
|---|---|
| Fencing | Full |
| Parking Features | Detached |
| Lot Features | Street Lights,Mature Trees |
| Water Source | Public |
| Foundation Details | Block |
| Building Area Total | 5767 |
| Lot Size Acres | 1.24 |
| Waterfront Y/N | No |
| Other Equipment | Smoke Alarm,Sump Pump |
| Horse Amenities | None |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
MIBOR REALTOR® Association All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of the Multiple Listing Service. Real estate listings held by brokerage firms other than eXp Realty in Metropolitan Indianapolis may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. Copyright ©2026 All rights reserved.
Last Updated: August 19, 2026 6:28 PM UTC
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. IDX information is provided by the Indiana Regional MLS.
Information last updated on August 19, 2026 6:40 PM UTC
The content relating to real estate for sale and/or lease on this Web site comes in part from
the Internet Data eXchange ("IDX") program of the Northwest Indiana REALTORS® Association Multiple Listing Service ("NIRA MLS"). and is communicated verbatim, without change, as filed by its members. This information is being provided for the consumers' personal, noncommercial use and may not be used for any other purpose other than to identify prospective properties consumers may be interested in purchasing