516 Iowa Street, Indianapolis, IN 46203
Local realty services provided by:Schuler Bauer Real Estate ERA Powered
516 Iowa Street,Indianapolis, IN 46203
$395,000
- 4 Beds
- 4 Baths
- 2,420 sq. ft.
- Single family
- Active
Listed by: whitney strange
Office: keller williams indy metro ne
MLS#:22071576
Source:IN_MIBOR
Price summary
- Price:$395,000
- Price per sq. ft.:$152.63
About this home
Beautifully remodeled & fully updated historic gem in the heart of Bates-Hendricks neighborhood! This turnkey home is currently a cash-flowing short-term rental (STR) with even more earnings potential & comes fully furnished for a seamless transition. Offering 4Beds, 3.5Baths, & 2420 Sq Ft, this home blends historic charm with modern updates including newer mechanicals: Electrical, plumbing, HVAC, roofing, siding, & windows (2023). Guests are welcomed into a bright, spacious entry accented with a modern plant wall feature. Open mudroom-with board-&-batten wall & built-in storage leads into the light-filled, designer kitchen featuring gorgeous tile backsplash, quartz countertops, white cabinetry, & newer stainless steel appliances. Farmhouse pendants illuminate the large breakfast bar with beadboard accent wall, while a stylish coffee bar adds even more function & character. The dining area is grounded with a modern & stylish light fixture, window-seat bench, built-in storage, & flows seamlessly into the roomy living area-perfect for sectional seating & entertaining. A convenient half bath/laundry room is located on the main level, too. This home offers two primary suites: A main-level suite with king-size bed and updated en suite with shower/tub combo and a second-level suite featuring a king bed & en suite with double sinks, a beautifully tiled shower, modern fixtures, and a spacious walk-in closet. The upper floor also includes two additional bedrooms-one currently set with a queen bed, the other with XL-over-queen bunk beds-both just steps from the third full bath with tile floors & shower/tub combo. Outside, enjoy a fully fenced backyard with a firepit and cozy seating area, ideal for entertaining. The 2-car garage is half parking & half a fun, stylish game room complete with ping-pong table. All of this in a walkable location near restaurants, a coffee shop, & Garfield park & only a short drive to everything downtown Indianapolis has to offer!
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Home facts
- Year built:1900
- Listing ID #:22071576
- Added:1 day(s) ago
- Updated:November 19, 2025 at 11:44 PM
Rooms and interior
- Bedrooms:4
- Total bathrooms:4
- Full bathrooms:3
- Half bathrooms:1
- Living area:2,420 sq. ft.
Heating and cooling
- Cooling:Central Electric
- Heating:High Efficiency (90%+ AFUE )
Structure and exterior
- Year built:1900
- Building area:2,420 sq. ft.
- Lot area:0.13 Acres
Schools
- High school:Arsenal Technical High School
- Middle school:HW Longfellow Med/STEM Magnet Midl
Utilities
- Water:Public Water
Finances and disclosures
- Price:$395,000
- Price per sq. ft.:$152.63
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