3516 Salem Street, Indianapolis, IN 46208

$240,000

  • Open House
  • New Listing
  • Coming Soon
  • Price Reduced$10,000
  • Sold
  • Leased
  • Virtual Tour
-1 More Schedule
  • 4 BedroomBeds
  • 3 BathroomBaths
  • 2,492Sqft
  • 0Acres
  • Single FamilyType
  • ActiveStatus
  • 22125721MLS#
-1 More Schedule

Virtual Tours

Property Description

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!


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Property Details 3516 Salem Street, Indianapolis, IN 46208

Facts & Features

  • MLS #: 22125721
  • Status: Active
  • Type: Single Family
  • Sub Type: Single Family Residence
  • Year Built: 1911
  • Style: Traditional
  • Price: $240,000
  • Acres: 0.12
  • Area: 4910 - Marion - Center
  • County: Marion
  • Subdivision: Myers N Illinois St
  • Bedrooms: 4
  • Bathrooms: 3
  • Full Baths: 2
  • Half Baths: 1
  • Total SqFt: 2,492

Amenities

  • # of Garages: 1
  • Pet Friendly: Yes

Interior

  • Interior Features: Attic Access, Walk-In Closet(s), Eat-in Kitchen, Entrance Foyer
  • Appliances: Dishwasher, Gas Oven, Range Hood, Refrigerator, Gas Water Heater
  • Utilities: Cable Available
  • Heating: Forced Air, Gas
  • Cooling: Central Air
  • Basement: Yes

Exterior

  • Construction: Vinyl Siding

Schools

  • School District: Indianapolis Public Schools

Additional Information

  • Date Listed: 09/11/2026

Tax Information

  • Tax: $4,562

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