516 Iowa St, Indianapolis, IN

Name: 516 Iowa St, Sold in Indianapolis - eXp Realty
Brand: Keller Williams Indy Metro NE
SKU: 22071576
Price: 395000 USD

House

Sold

Listed price in listed location currency (USD).

$385,000

$395,000

442

MLS® 22071576

Key Facts
Description
Rooms
Map

Key Facts

Type Single Family Residence

Levels Residential

Size 2420 sqft

Garage Yes

Taxes

Lot Size

Approx. Age 1900

Avg. Price Per Sqft $163

MLS® Number 22071576

Property Address: 516 Iowa St, Indianapolis, IN, 46203-3936

Average square foot calculated using Size range provided by listing agent.

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!

MLS® Number22071576

Laundry LevelMain

Central VacNo

FireplaceNo

Acreage

Exterior

GarageYes

Approx. Age1900

BasementCellar

Driveway

Garage Spaces

Heat

A/C

Heating Fuel

Extras

Price History

Dec 1, 2025End Date

$385,000Sold Price

Sold

Nov 19, 2025List Date

$395,000List Price

Commute

Commute

Starting Address

Destination Address

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