Sold399d on marketHistoric · 141 yrs
516 Sanders St
Indianapolis, IN, 46203 • Near Southside • Marion County
$384,900
$172/sqft
3Beds
3Baths
2,235Sqft
0.11 acLot
1885Built
Property DNA
Traditional Style
Built 1885 · 141 years of history
Martindale
Near Southside
Outdoor Living
Covered
2-Car Garage
Detached
Premium Finishes
Walk-In Closet(s)
This home is getting attention
Listed 399 days ago · 6 views · 1 saves
Market activity
Demand and pricing signals for this listing
6 views
People checking out this listing
1 saves
Buyers have saved this home
399 days on market
Established listing
$172/sqft
Price per square foot
Selling Soon Prediction
HighThis home ranks in the top 12% of listings most likely to go under contract soon, based on market activity and demand signals.
Likelihood score
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About this home
Single Family · Built 1885 · Historic
SOLID BONES and STELLER AESTHETICS combined with an EXCEPTIONAL LOCATION! You will be able to savor the flavors of Fountain Square and get to work in a hurry from this Bates Hendricks beauty. An ENTERTAINER'S DREAM with an open-concept lower level featuring SOARING CEILINGS, a GOURMET KITCHEN, designer built in electric fireplace and feature wall, a dining room that could easily serve as a living room, a guest bath, as well as a main floor primary bedroom with a full bath and walk-in closet. Upstairs has a SIZEABLE LOFT with tons of ARCHITECTURAL CHARM, two bedrooms and a second full bathroom. This home has a MUST-SEE UPGRADES sheet that includes a NEW ROOF in 2025, a recently replaced water main with lead service under the street, interior main drain pipes connected to the sewer outlet, powered attic vent/fan, new faucets throughout, new shower hardware in both bathrooms, new HVAC ducting with large capacity return, new flooring throughout, new cabinets and butcher block in the laundry room, wall venting with freeze protection to all water pipes, water softener, storm door, ceiling fan and SO MUCH MORE. Backyard is completely fenced for privacy and security from the garage door to the back door. Corner lot offers the yard size you want for pets and parties!
Standout features identified
Our analysis highlights sizeable loft, privacy and security, and yard size as key attractions of this home.
Estimated monthly payment
Based on current rates
$2,411/month
Principal & Interest$1,898
Property Tax$385
Insurance$128
Down payment20% ($76,980)
3%50%
Est. 6.26% rate · 30yr fixed · $307,920 loan
Full calculator →At a glance
Key facts and listing details
TypeResidential, Single Family Residence
Year Built1885
HeatingForced Air
CoolingDuctless
Parking2 Garage spaces
Lot4,791 sqft
Property
Home typeSingle Family
Sub-typeResidential, Single Family Residence
StyleTraditional
Year built1885
Stories2
Systems
HeatingForced Air
CoolingDuctless
ConstructionWood Siding
Water / SewerMunicipal/City
Parking & Outdoor
ParkingDetached
Garage2 spaces
BasementCellar,Unfinished
FencingFenced,Fence Complete
Lot4,791 sqft
Location & Tax
NeighborhoodNear Southside
Annual tax$4,532
Parcel491113195007000101
Bathrooms & Fees
Full baths2
Features & details
10 categories of property features
Interior Features
Interior
Attic Access
Vaulted Ceiling(s)
Kitchen Island
Entrance Foyer
Ceiling Fan(s)
Eat-in Kitchen
Smart Thermostat
Walk-In Closet(s)
Appliances
Dishwasher
Microwave
Electric Oven
Refrigerator
Electric Water Heater
Heating
Forced Air
Cooling
Ductless
Laundry
Main Level
Windows
Windows Thermal
Exterior Features
Parking
Detached
Construction
Wood Siding
Patio & Porch
Covered
Lot Features
Corner Lot
Sidewalks
Mature Trees
Room details
6 rooms detailed
Master Bedroom
Main18×12 ft216 sqft
Vinyl Plank
Bedroom2
Upper14×11 ft154 sqft
Vinyl Plank
Bedroom3
Upper14×11 ft154 sqft
Vinyl Plank
Kitchen
Main14×9 ft126 sqft
Vinyl Plank
Living Room
Main13×22 ft286 sqft
Vinyl Plank
Loft
Upper14×22 ft308 sqft
Vinyl Plank
Listing insights
Market data and value estimates
StatusSold
Days on market399
Est. value$396,800
Est. rent$2,148/mo
Tax rate0.96%
Price/sqft$172
On marketFeb 3, 2025
PostedFeb 3, 2025
Last sold$384,900
MLS statusSold
MLS updatedMar 12, 2025
Tour days6
Views6
Favorites1
How are the schools in Indianapolis?
3 schools rated nearby
Location
Indianapolis, IN, 46203
Price history
10 events
DateEventPrice$/sqftSource
Mar 5, 2025Sold$384,900$172MIBOR as distributed by MLS GRID
Feb 12, 2025Pending Sale$379,900$170MIBOR as distributed by MLS GRID
Feb 3, 2025Listed For Sale$379,900$170MIBOR as distributed by MLS GRID
Nov 30, 2017Sold$275,000$123MIBOR as distributed by MLS GRID
Nov 13, 2017Pending Sale$279,999$125Indy Metro Northeast
Oct 17, 2017Price Change$279,999$125Keller Williams Indy Metro NE
Sep 18, 2017Price Change$289,999$130Indy Metro Northeast
Sep 8, 2017Price Change$294,999$132Indy Metro Northeast
Aug 16, 2017Price Change$299,999$134Indy Metro Northeast
Aug 3, 2017Listed For Sale$310,000$139Keller Williams Indy Metro NE
Sold$384,900
Mar 5, 2025•$172/sqft•MIBOR as distributed by MLS GRID
Pending Sale$379,900
Feb 12, 2025•$170/sqft•MIBOR as distributed by MLS GRID
Listed For Sale$379,900
Feb 3, 2025•$170/sqft•MIBOR as distributed by MLS GRID
Sold$275,000
Nov 30, 2017•$123/sqft•MIBOR as distributed by MLS GRID
Pending Sale$279,999
Nov 13, 2017•$125/sqft•Indy Metro Northeast
Price Change$279,999
Oct 17, 2017•$125/sqft•Keller Williams Indy Metro NE
Price Change$289,999
Sep 18, 2017•$130/sqft•Indy Metro Northeast
Price Change$294,999
Sep 8, 2017•$132/sqft•Indy Metro Northeast
Price Change$299,999
Aug 16, 2017•$134/sqft•Indy Metro Northeast
Listed For Sale$310,000
Aug 3, 2017•$139/sqft•Keller Williams Indy Metro NE
Tax history
23 years of records
YearTax paidAssessed value
Apr 9, 2024$4,531$379,600
Apr 9, 2023$4,439$379,200
Apr 9, 2022$3,744$369,000
Apr 9, 2021$3,511$320,400
Apr 9, 2020$3,802$299,800
Apr 9, 2019$3,443$316,500
Apr 9, 2018$1,806$284,700
Apr 9, 2017$2,532$74,200
Apr 9, 2016$1,317$67,200
Apr 9, 2014$1,248$57,700
Apr 9, 2013$830$57,700
Apr 9, 2012$830$57,300
Apr 9, 2011—$43,100
Apr 9, 2010$564$43,100
Apr 9, 2009$552$43,100
Apr 9, 2007—$38,100
Apr 9, 2006—$38,400
Apr 9, 2005—$38,400
Apr 9, 2004—$38,400
Apr 9, 2003—$38,400
Apr 9, 2002—$19,300
Apr 9, 2001—$6,430
Apr 9, 2000—$6,430
Nearby homes
Neighborhood details
Local context around this listing
Indianapolis, IN • Marion County
Nearby neighborhoods
Chapel Hill-Ben DavisDowntownEagledaleEast WarrenFar EastsideGarden CityNear EastsideSnacks-Guion CreekSouth FranklinSouth Perry
Nearby cities
Beech GroveCumberlandIndianapolisLawrenceSouthportSpeedway
Nearby zip codes
46203462174621946220462224622446226462274623746254
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Based on information submitted to the MLS GRID as of 2026-04-09 08:37:59 PDT. All data is obtained from various sources and may not have been verified by broker or 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 IDX listings have been excluded from this website. [Click here for more information](/mls-disclaimers/#48)
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