Large Location Icon

3502 Salem St; Indianapolis, IN Property Details

3502 Salem St, Indianapolis, IN is a Apt House 5+ Units that was built in 1920. This property is currently Financed and is not for sale. Our records show that 3502 Salem St has 1 bedroom, and 1 bathroom, and a total of 13,043 square feet. The lot size of 3502 Salem St is 6,370 square feet.

For Rent
3502 Salem St Indianapolis, IN 46208
$600 Listing Price
1 Beds
1 Baths
13,043 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Corporate
  • Owner Status: Corporate
  • Year Built: 1920
  • Purchase Price: $550,000
  • Open Loans / Balance: 1 / $342,931
  • Est. Equity / %: $-59,931 / -21.18%
  • APN: 49-06-24-126-058.000-101
  • Situs County: Marion
  • Length Of Ownership: 3 years, 9 months

Rooms

  • Bedrooms: 1
  • Bathrooms: 1

Structure

  • Building Style: Frame
  • Stories: 2
  • Exterior Wall Type: Brick
  • Building Condition: Fair
  • Building Quality: C
  • Sewer Type: None
  • Water Source: None

Measurements

  • Total: 13,043/SqFt
  • Lot: 6,370/SqFt
  • Gross: 13,043/SqFt
  • Living: 13,043/SqFt
  • Building: 4,356/SqFt
  • Ground: 4,324/SqFt
  • Price Per Square Foot: $42.17

Legal Description

  • Description: MYERS N ILL ST ADD L39 23FT OFF S SIDE OF 34FTW END L38
Building Insights

Land Information

  • Property Type: Apt House 5+ Units
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Indianapolis Public Schools
  • Lat / Lon: 39.819523 / -86.15833
  • Subdivision: Myers N Ill St Add
  • Property Class: Residential
  • Zoning: ZO01
  • County Use Code: 401

Amenities

  • Plus Four: 4477
  • Cooling: Yes
  • Heating: Yes

Ownership Info

3502 Salem St has no associated ownership info
3502 Salem St has no associated ownership info.

Taxes

3502 Salem St has 10 associated Taxes items

3502 Salem St, Indianapolis, IN pays taxes in Marion County, IN. The most recent tax assessment records are from 2025 and show that the current assessed value of the property is $272,900. The APN we've located for 3502 Salem St is 49-06-24-126-058.000-101.

Unlock the full report
Taxes
  • Assessed Value:  $272,900
  • Assessed Year:  2025
  • Assessed County:  Marion
  • APN:  49-06-24-126-058.000-101
  • Assessed Land Value:  61900
  • Market Land Value:  61900
  • Tax Amount:  5431.8
  • Tax Year:  2024
  • Market Value:  272900
  • Market Year:  2025

Tax History

3502 Salem St has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $272,900 Land Value $61,900 Improvement Value $211,000 Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value Land Value Improvement Value Tax Amount $5,431.8 Change Rate -0.182054% Assessed CR Tax Rate
Year 2023 Assessed Value $274,600 Land Value $30,900 Improvement Value $243,700 Tax Amount $6,640.78 Change Rate +0.668521% Assessed CR Tax Rate +0.024183%
Year 2022 Assessed Value $221,200 Land Value $30,900 Improvement Value $190,300 Tax Amount $3,980.04 Change Rate +0.106476% Assessed CR Tax Rate +0.017993%
Year 2021 Assessed Value $151,400 Land Value $28,100 Improvement Value $123,300 Tax Amount $3,597.04 Change Rate +0.025979% Assessed CR Tax Rate +0.023759%
Year 2020 Assessed Value $151,400 Land Value $28,100 Improvement Value $123,300 Tax Amount $3,505.96 Change Rate +0.01857% Assessed CR Tax Rate +0.023157%
Year 2019 Assessed Value $145,800 Land Value $28,100 Improvement Value $117,700 Tax Amount $3,442.04 Change Rate -0.035027% Assessed CR Tax Rate +0.023608%
Year 2018 Assessed Value $145,800 Land Value $28,100 Improvement Value $117,700 Tax Amount $3,566.98 Change Rate +0.128891% Assessed CR Tax Rate +0.024465%
Year 2017 Assessed Value $139,400 Land Value $28,100 Improvement Value $111,300 Tax Amount $3,159.72 Change Rate +0.079464% Assessed CR Tax Rate +0.022667%
Year 2016 Assessed Value $132,900 Land Value $28,100 Improvement Value $104,800 Tax Amount $2,927.12 Change Rate Assessed CR Tax Rate +0.022025%
Year 2014 Assessed Value $130,000 Land Value $28,100 Improvement Value $101,900 Tax Amount Change Rate Assessed CR Tax Rate
Year 2013 Assessed Value $133,900 Land Value $28,100 Improvement Value $105,800 Tax Amount $12,194.5 Change Rate -0.004409% Assessed CR Tax Rate +0.091072%
Year 2012 Assessed Value Land Value Improvement Value Tax Amount $12,248.5 Change Rate Assessed CR Tax Rate