Camelot Bed & Breakfast

Indianapolis, Indiana

Asking Price: USD $1,200,000
Guest Rooms: 5    3
Owners Quarter: 6    1.5

Property Overview

A 5 bedroom, medieval themed, bed and breakfast, located inside the 'Loop' in Indianapolis, Indiana - 'the Convention Capitol of the World'. It has close, easy access to the freeway, and the rest of the city. Sold fully furnished, ready to rent rooms.

An Arthurian themed traditional English Tudor estate, tucked privately away within the lush nature of Avalon Hills in Devonshire, a housing community on the north-east side of Indianapolis, IN. This custom home expresses a thoughtful layout, which is flexible for elegant entertaining, functional living and retreating in style. The superior quality, and rich character found in the details throughout the home give tribute to its handsome timeless essence. A short distance from Shadeland and I-465, this location offers easy access to the rest of the city. It is adjacent to the Hillcrest Country Club, near Ft. Benjamin Harrison State Park (the Fort Golf Course), and there are greenways that connect to the Monon Trail, and more.

About the Owner's Quarters

A bedroom next to the kitchen with a half bath, private living room, 2 finished basements, one unfinished basement laundry room, 1 full bath in the basement.

Features:
  • Is Historic Historic
  • Has a Barn Romantic
Lifestyle:
  • Includes a Restaurant Golf
3D Tour
Business Description:

The business has an EIN and a website - www.camelotbnb.com. We operated as an exclusive AirBnB listing for 4 years, with a 42% occupancy rate, and maintained Super Host status for all that time. We purchased the house in late 2018, and have since updated many things: connected to city sewer, all cast iron pipe under the house replaced with 4 inch plastic, Replaced Furnace 1, Air conditioner 1, Furnace 2, Air conditioner 2, HVAC zone controller and dampers, new hail resistant roof 2024, house repainted with more traditional colors, well pump replaced, all hand railing replaced with treated wood and painted to match, new washer & dryer for the Royal Suite, new washer & dryer for the bed and breakfast, kitchen cook top replaced with induction, double stack ovens replaced, added an ATV with snow plow, new patio deck, and seal coated the driveway in 2024.

Terms of Sale:

The house is not currently listed with an agent, and not on MLS. There is no shortage of realtors that want us to list with them. Since we have a current mortgage, we cannot accept a land contract, payments, or rental.

Valuation & Mortgage Calculator:
30 Years Fixed
n/a % Interest
  • Loan Amount
  • Principle and Interest
  • Cash Flow
  • DSCR $0
  • Cap Rate $0
  • ROI $0
Listed By
Craig Johnson (Owner)
  3179567101
Camelot B&B

Sq Ft:

7,235

Owner's Quarters Sq Ft:

3,500

Acres:

0.79

Year Built:

1960

Last Renovated:

2002

Years in Business:

4
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Financial Overview

Asking Price:

USD $1,200,000

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