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3516 Salem Street

Indianapolis, IN 46208
  • $240,000
  • STATUS: Active
  • ON SITE: 34 Days
  • MLS #: 22125721
Price Reduced
UPDATED: 31 min ago
$240,000
  • 4
    BEDS
  • 0.12
    ACRES
  • 2
    BATHS
  • 1
    1/2 BATHS
  • 2,492
    SQFT
  • $96
    $/SQFT
Neighborhood:
Type:
Single-Family Home
Built:
1911
County:

School Ratings & Info

School District:

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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© 2026 Metropolitan Indianapolis Board of REALTORS®. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the BLC® listing service or Nate Vanpelt | eXp Realty, LLC.

Based on information submitted to the MLS GRID as of 2026-10-16T16:26:09.563. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Click here for MLS GRID DMCA Notice
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3516 Salem Street Indianapolis, IN 46208

  • Price: $240,000
  • Status: Active
  • On Site: 34 Days
  • Updated: 31 min ago
  • MLS #: 22125721
4
Beds
2
Baths
1
½ Baths
0.12
Acres
2,492
SQFT
$96
$/SQFT
1911
Built
Neighborhood:
Myers N Illinois St
County:
Marion
Area:
4910 - Marion - Center
School District:
Indianapolis Public Schools
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!
Exterior Features

Architectural Style Traditional Construction Materials Vinyl Siding Foundation Details BlockFull Garage YN No Horse Amenities None Levels Two Parking Features Detached Porch CoveredPatio

Interior Features

Appliances DishwasherGas OvenRange HoodRefrigeratorGas Water Heater Basement ApartmentExterior EntryFinished Basement YN Yes Below Grade Finished Area 816 Building Area Total 2492 Cooling Central Air Eating Area Formal Dining Room Fireplaces Total 0 Full Baths Basement 1 Full Baths Main 0 Full Baths MU 1 Full Baths Upper 1 Half Baths Basement 0 Half Baths Main 1 Half Baths MU 1 Half Baths Upper 0 Heating Forced AirGas Interior Features Attic AccessWalk-In Closet(s)Eat-in KitchenEntrance Foyer Kitchen Features Kitchen Some UpdatesKitchen Updated Main Level Bedrooms 0 Main Level Sq Ft 838 Rooms Master Bedroom (Upper Level 15x14) Bedroom 2 (Upper Level 14x10) Bedroom 3 (Upper Level 10x10) Dining Room (Main Level 14x10) Great Room (Main Level 16x14) Kitchen (Main Level 14x12) Laundry (Main Level 10x10) Bedroom 4 (Basement Level 10x10) Rooms MU 7 Rooms Total MU 7 Sq Ft MU 1676 Upper Sq Ft 838

Property Features

Accessibility Features YN No Acres <1/4 Acre Association YN No Dpr YN Yes Laundry Main LevelIn Basement New Construction YN No Other Equipment Smoke Alarm Possession Closing Property Attached YN No Property Condition Updated/Remodeled Property Sub Type Single Family Residence Rooms Total 8 Semi Annual Property Tax Amt 2281 Solid Waste No Tax Year 2025 Township Center Transaction Type Sale Utilities Cable Available Water Source Public

Listing provided courtesy of My Agent: . © 2026 Metropolitan Indianapolis Board of REALTORS®. Information Deemed Reliable But Not Guaranteed.


© 2026 Metropolitan Indianapolis Board of REALTORS®. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the BLC® listing service or Nate Vanpelt | eXp Realty, LLC.

Based on information submitted to the MLS GRID as of 2026-10-16T16:26:09.563. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Click here for MLS GRID DMCA Notice
 
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Nate Vanpelt | eXp Realty, LLC
9465 Counselors Row
Indianapolis IN, 46240