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Active
$250,000
4beds
2,492sqft

3516 Salem St, Indianapolis, IN 46208

4beds
2,492sqft
Residential, single family residence
Built in 1911
5,227 sqft
1 Covered parking space
$100 price/sqft

What's special

Quartz countertopsFlexible living spaceBeautifully updated homeCustom cabinetry

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

Source: MIBOR as distributed by MLS GRID,MLS#: 22125721MLS Logo
Travel times

Living Room

Kitchen

Dining Room

Zillow last checked:

Listing updated:

Listed by:

Dennis Weaver realtor_dennisweaver@yahoo.com,

My Agent,

Nicholas Bradford,

My Agent

Source: MIBOR as distributed by MLS GRID,MLS#: 22125721MLS Logo

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

DateEventPrice
9/11/2026Listed for sale$250,000+59.7%$100/sqft
Source: MIBOR as distributed by MLS GRID #22125721 Report a problem
12/16/2021Sold$156,500+11.9%$63/sqft
Source: MIBOR as distributed by MLS GRID #21825721 Report a problem
11/24/2021Pending sale$139,900$56/sqft
Source: MIBOR as distributed by MLS GRID #21825721 Report a problem
11/24/2021Listed for sale$139,900$56/sqft
Source: MIBOR as distributed by MLS GRID #21825721 Report a problem
11/24/2021Pending sale$139,900$56/sqft
Source: MIBOR as distributed by MLS GRID #21825721 Report a problem
11/19/2021Listed for sale$139,900+1930.8%$56/sqft
Source: MIBOR as distributed by MLS GRID #21825721 Report a problem
8/23/2014Listing removed$1,000
Source: Real Property Management Indianapolis Metro Report a problem
7/15/2014Listed for rent$1,000-23.1%
Source: RPM Indianapolis Metro Report a problem
4/8/2014Listing removed$1,300$1/sqft
Source: Postlets Report a problem
1/29/2014Listed for rent$1,300$1/sqft
Source: Postlets Report a problem
11/28/2011Sold$6,889$3/sqft
Source: Public Record Report a problem

Public tax history

YearProperty taxesTax 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

Est. payment
$1,581/mo
Principal & interest
$1381
Property taxes
$200
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Estimated market value

Not available

Estimated sales range

Not available

Not available

Climate risks

Explore flood, wildfire, and other predictive climate risk information for this property on First Street®️.

Neighborhood: Crown Hill

Nearby schools

James Whitcomb Riley School 43
Grades PK-5 • 0.7 miles
4/10
GreatSchools® Rating
Test Score Rating
1/10
Academic Progress Rating
6/10
Cold Spring School
Grades K-8 • 2.3 miles
7/10
GreatSchools® Rating
Test Score Rating
5/10
Academic Progress Rating
9/10
Shortridge High School
Grades 9-12 • 0.2 miles
5/10
GreatSchools® Rating
College Readiness Rating
5/10