The strangest thing about your bike is the foot pegs. All the small frame Lil Indians that I know of from the mid 70's to late 80's had folding foot pegs. The MiniMate, which was also made by Michrinas had foot pegs like yours. Your frame is known as the late model "2 piece" frame, they had their large ones and small ones like yours, some had spring suspension on the forks, some didn't. All the MiniMates that I have seen have had straight forks whereas most but not all of the large late model Lil Indians had removable handlebars. All the late model small frames I have seen have the bend in the forks above the fork plate. It would have most likely come with a 3.5 H.P. Tecumseh, depending on the year, the blower housing and recoil would look different. Here's a picture of a MiniMate and a late model "2 piece" small frame so you can see the difference in the foot pegs.
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