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Indianapolis, IN, 46224 • 46224 • Marion County
$107/sqft
-$20,000 since Apr 2, 2026
Down payment assistance available
8Beds
7Baths
5,767Sqft
1.2 acLot
1927Built
Colonial,Traditional Style
Built 1927 · 99 years of history
Bakers Walnut Grove
46224
Outdoor Living
Covered
1 Fireplace
Family Room · Gas Log
Gazebo
Gazebo
2-Car Garage
Detached
Premium Finishes
Walk-In Closet(s)
This home is getting attention
Listed 34 days ago · 3,224 views · 107 saves
Demand and pricing signals for this listing
3,224 views
People checking out this listing
107 saves
Buyers have saved this home
34 days on market
Established listing
$107/sqft
Price per square foot
Single Family · Built 1927 · Historic
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.
Standout features identified
Our analysis highlights two masonry fireplaces, attached parlor, and thoughtfully designed as key attractions of this home.
Based on current rates
Est. 6.75% rate · 30yr fixed · $492,000 loan
Full calculator →Key facts and listing details
11 categories of property features
12 rooms detailed
Master Bedroom
MainBedroom2
MainBedroom3
UpperBedroom4
UpperBedroom5
UpperBedroom6
UpperMarket data and value estimates
3 schools rated nearby
Indianapolis, IN, 46224
12 events
16 years of records
Local context around this listing
Indianapolis, IN • Marion County
Nearby cities
Nearby zip codes
Based on information submitted to the MLS GRID as of 2026-04-08 12:38:25 PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. [Click here for more information](/mls-disclaimers/#48)
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