3516 Salem St, Indianapolis, IN 46208
What's special
Welcome to 3516 Salem Street in Indianapolis-a beautifully updated home offering a fantastic combination of modern improvements, flexible living space, and an incredibly convenient location just minutes from Downtown Indianapolis. The remodeled basement, completed in 2023, adds valuable additional living space and features a custom kitchen with stainless-steel appliances, custom cabinetry, and quartz countertops, along with a bedroom. The newly installed full bathroom is sure to impress and improves function. The finished basement also offers the potential for additional rental or income-producing use, with the seller estimating approximately $1,000 per month in potential income. Connections are already in place for a separate in-unit laundry setup. Additional improvements include new flooring installed in 2024, appliances purchased in 2023 that will remain with the home, a new privacy fence installed in 2023, and a new deck built in 2025-creating an inviting outdoor space for entertaining, relaxing, or enjoying the warmer months. Location is another major highlight. Situated approximately 6 minutes from Downtown Indianapolis, you'll have convenient access to restaurants, entertainment, sporting events, shopping, employment centers, and everything the city has to offer. Families will also appreciate the proximity to The Children's Museum of Indianapolis, located approximately half a mile away. Ownership of this home may have access to free annual passes to the children's museum if you apply. With thoughtful updates, a finished basement offering flexible possibilities, newer major improvements, and a prime Indianapolis location, 3516 Salem Street is a property that offers both immediate comfort and long-term potential. Come see everything this home has to offer!
- 15 days |
- 1,041 |
- 183 |
Likely to sell faster than
Travel times
Living Room
Kitchen
Dining Room
Zillow last checked:
Listing updated:
Dennis Weaver realtor_dennisweaver@yahoo.com,
My Agent,
Nicholas Bradford,
My Agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 3
- Full bathrooms: 2
- 1/2 bathrooms: 1
- Main level bathrooms: 1
Primary bedroom
- Level: Upper
- Area: 210 Square Feet
- Dimensions: 15x14
Bedroom 2
- Level: Upper
- Area: 140 Square Feet
- Dimensions: 14x10
Bedroom 3
- Level: Upper
- Area: 100 Square Feet
- Dimensions: 10x10
Bedroom 4
- Level: Basement
- Area: 100 Square Feet
- Dimensions: 10x10
Dining room
- Level: Main
- Area: 140 Square Feet
- Dimensions: 14x10
Great room
- Level: Main
- Area: 224 Square Feet
- Dimensions: 16x14
Kitchen
- Level: Main
- Area: 168 Square Feet
- Dimensions: 14x12
Laundry
- Level: Main
- Area: 100 Square Feet
- Dimensions: 10x10
Heating
- Forced Air, Natural Gas
Cooling
- Central Air
Appliances
- Included: Dishwasher, Gas Oven, Range Hood, Refrigerator, Gas Water Heater
- Laundry: Main Level, In Basement
Features
- Attic Access, Walk-In Closet(s), Eat-in Kitchen, Entrance Foyer
- Basement: Apartment,Exterior Entry,Finished
- Attic: Access Only
Interior area
- Total structure area: 2,492
- Total interior livable area: 2,492 sqft
- Finished area below ground: 816
Property
Parking
- Total spaces: 1
- Parking features: Detached
- Garage spaces: 1
Features
- Levels: Two
- Stories: 2
- Patio & porch: Covered, Patio
Lot
- Size: 5,227 Square Feet
Details
- Parcel number: 490624126055000101
- Horse amenities: None
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Traditional
- Property subtype: Residential, Single Family Residence
Materials
- Vinyl Siding
- Foundation: Block, Full
Condition
- Updated/Remodeled
- New construction: No
- Year built: 1911
Utilities & green energy
- Water: Public
Community & HOA
Community
- Subdivision: Myers N Illinois St
HOA
- Has HOA: No
Location
- Region: Indianapolis
Financial & listing details
- Price per square foot: $100/sqft
- Tax assessed value: $191,000
- Annual tax amount: $4,562
- Date on market: 9/11/2026
- Cumulative days on market: 11 days
Price history
| Date | Event | Price |
|---|---|---|
| 9/11/2026 | Listed for sale | $250,000+59.7%$100/sqft |
Source: | ||
| 12/16/2021 | Sold | $156,500+11.9%$63/sqft |
Source: | ||
| 11/24/2021 | Pending sale | $139,900$56/sqft |
Source: | ||
| 11/24/2021 | Listed for sale | $139,900$56/sqft |
Source: | ||
| 11/24/2021 | Pending sale | $139,900$56/sqft |
Source: | ||
| 11/19/2021 | Listed for sale | $139,900+1930.8%$56/sqft |
Source: | ||
| 8/23/2014 | Listing removed | $1,000 |
Source: Real Property Management Indianapolis Metro Report a problem | ||
| 7/15/2014 | Listed for rent | $1,000-23.1% |
Source: RPM Indianapolis Metro Report a problem | ||
| 4/8/2014 | Listing removed | $1,300$1/sqft |
Source: Postlets Report a problem | ||
| 1/29/2014 | Listed for rent | $1,300$1/sqft |
Source: Postlets Report a problem | ||
| 11/28/2011 | Sold | $6,889$3/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $4,198 +10.1% | $191,000 +8% |
| 2024 | $3,814 +49.4% | $176,900 +10% |
| 2023 | $2,552 +61.5% | $160,800 +48.8% |
| 2022 | $1,580 +4% | $108,100 +57.8% |
| 2021 | $1,519 +13.9% | $68,500 +4.4% |
| 2020 | $1,334 +7.7% | $65,600 +16.1% |
| 2019 | $1,239 +16.2% | $56,500 +8.7% |
| 2018 | $1,066 +2.8% | $52,000 +6.8% |
| 2017 | $1,037 +2.6% | $48,700 +3.6% |
| 2016 | $1,011 +4.1% | $47,000 +4.7% |
| 2014 | $971 | $44,900 +1.4% |
| 2013 | -- | $44,300 |
| 2012 | -- | -- |
| 2011 | -- | $53,700 |
| 2010 | $419 +10.9% | $53,700 +5.3% |
| 2009 | $377 | $51,000 -16% |
| 2007 | -- | $60,700 |
Find assessor info on the county website
Monthly payment
Estimated market value
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Estimated sales range
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Climate risks
Explore flood, wildfire, and other predictive climate risk information for this property on First Street®️.