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3516 Salem St; Indianapolis, IN Property Details

3516 Salem St, Indianapolis, IN is a Single Family that was built in 1911. This property is currently Financed and is for sale. Our records show that 3516 Salem St has 4 bedrooms, and 3 bathrooms, and a total of 1,674 square feet. The lot size of 3516 Salem St is 5,184 square feet.

On Market for 41 days
3516 Salem St Indianapolis, IN 46208
$240,000 Listing Price
4 Beds
3 Baths
1,674 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1911
  • Purchase Price: $156,500
  • Open Loans / Balance: 1 / $106,581
  • Est. Equity / %: $147,419 / 58.04%
  • Gross Yield: 9.105%
  • APN: 49-06-24-126-055.000-101
  • Situs County: Marion
  • Length Of Ownership: 4 years, 7 months

Rooms

  • Bedrooms: 4
  • Bathrooms: 3
  • Total Rooms: 8

Structure

  • Building Style: Frame
  • Stories: 2
  • Building Condition: Average
  • Building Quality: C
  • Roof Cover Type: Asphalt
  • Sewer Type: Yes
  • Water Source: Yes

Measurements

  • Total: 1,674/SqFt
  • Lot: 5,184/SqFt
  • Gross: 2,490/SqFt
  • Garage: 240/SqFt
  • Living: 1,674/SqFt
  • Basement: 816/SqFt
  • Building: 2,490/SqFt
  • Ground: 1,674/SqFt
  • Price Per Square Foot: $93.49

Legal Description

  • Description: MYERS N ILL ST ADD L36
Building Insights

Land Information

  • Property Type: Single Family
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Indianapolis Public Schools
  • Lat / Lon: 39.819855 / -86.15832
  • Subdivision: Myers N Ill St Add
  • Property Class: Residential
  • Zoning: ZO01
  • County Use Code: 510

Amenities

  • Plus Four: 4428
  • Bathroom Fixtures: 8
  • Cooling: Central
  • Garage: Detached Garage
  • Heating: Central
  • Parking: 1

Ownership Info

3516 Salem St has no associated ownership info
3516 Salem St has no associated ownership info.

Taxes

3516 Salem St has 10 associated Taxes items

3516 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 $191,000. The APN we've located for 3516 Salem St is 49-06-24-126-055.000-101.

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Taxes
  • Assessed Value:  $191,000
  • Assessed Year:  2025
  • Assessed County:  Marion
  • APN:  49-06-24-126-055.000-101
  • Assessed Land Value:  15800
  • Market Land Value:  15800
  • Tax Amount:  4561.28
  • Tax Year:  2025
  • Market Value:  191000
  • Market Year:  2025

Tax History

3516 Salem St has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $191,000 Land Value $15,800 Improvement Value $175,200 Tax Amount $4,561.28 Change Rate +0.086578% Assessed CR Tax Rate +0.023881%
Year 2024 Assessed Value Land Value Improvement Value Tax Amount $4,197.84 Change Rate +0.080976% Assessed CR Tax Rate
Year 2023 Assessed Value $160,800 Land Value $15,800 Improvement Value $145,000 Tax Amount $3,883.38 Change Rate +0.48207% Assessed CR Tax Rate +0.02415%
Year 2022 Assessed Value $160,800 Land Value $15,800 Improvement Value $145,000 Tax Amount $2,620.24 Change Rate +0.590878% Assessed CR Tax Rate +0.016295%
Year 2021 Assessed Value $68,500 Land Value $3,600 Improvement Value $64,900 Tax Amount $1,647.04 Change Rate +0.084221% Assessed CR Tax Rate +0.024044%
Year 2020 Assessed Value $65,600 Land Value $3,600 Improvement Value $62,000 Tax Amount $1,519.1 Change Rate +0.138892% Assessed CR Tax Rate +0.023157%
Year 2019 Assessed Value $56,500 Land Value $3,600 Improvement Value $52,900 Tax Amount $1,333.84 Change Rate +0.02447% Assessed CR Tax Rate +0.023608%
Year 2018 Assessed Value $52,000 Land Value $3,600 Improvement Value $48,400 Tax Amount $1,301.98 Change Rate +0.187938% Assessed CR Tax Rate +0.025038%
Year 2017 Assessed Value $48,700 Land Value $3,600 Improvement Value $45,100 Tax Amount $1,096 Change Rate +0.08414% Assessed CR Tax Rate +0.022505%
Year 2016 Assessed Value $47,000 Land Value $3,600 Improvement Value $43,400 Tax Amount $1,010.94 Change Rate +0.04139% Assessed CR Tax Rate +0.021509%
Year 2014 Assessed Value $44,900 Land Value $3,600 Improvement Value $41,300 Tax Amount $970.76 Change Rate +0.054051% Assessed CR Tax Rate +0.02162%
Year 2013 Assessed Value $44,300 Land Value $3,600 Improvement Value $40,700 Tax Amount $920.98 Change Rate Assessed CR Tax Rate +0.02079%