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+13176639192
Luxury Keys
516 Iowa Street, Indianapolis, IN 46203
- $385,000
- 4
- BD
- 4
- BA
- 2,588
- SqFt
- Sold Price
- $385,000
- List Price
- $395,000
- Closing Date
- Dec 30, 2025
- MLS#
- 22071576
- Property Type
- Residential
- Bedrooms
- 4
- Bathrooms
- 4
- Sqft. of Residence
- 2,588
- Year Built
- 1900
- Days on Market
- 41
- Status
- SOLD
Property Description
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!
Additional Information
- Basement
- Cellar
- Foundation
- Brick/Mortar, Full
- Stories
- Two
- Architecture
- Contemporary, Traditional
- Equipment
- Smoke Alarm
- Interior
- Breakfast Bar, Built-in Features, Entrance Foyer, Paddle Fan, Hi-Speed Internet Availbl, Eat-in Kitchen, Wired for Data, Walk-In Closet(s), Wood Work Painted
- Exterior Amenities
- Fire Pit
- Acres
- 0.13
- Heat
- High Efficiency (90%+ AFUE ), Natural Gas
- Cooling
- Central Air
- Financing
- Conventional, FHA, VA
- Appliances
- Dishwasher, Dryer, Disposal, Gas Water Heater, Microwave, Gas Oven, Range Hood, Refrigerator, Washer
- Semi-Annual Taxes
- $4,076
- Garage
- Yes
- Garage Parking
- Garage Door Opener, Guest Street Parking
- Region
- Center
- Areas
- Bedroom Other on Main
- Eating Areas
- Dining Combo/Kitchen, Dining Combo/Living Room
Listing courtesy of Whitney Strange. Keller Williams Indy Metro NE
Selling Office: eXp Realty, LLC.How much is your home worth?
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Listings courtesy of MIBOR Broker Listing Cooperative as distributed by MLS GRID. 
Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker of 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. Some listings have been excluded from this website.