747 E Mccarty St Indianapolis, IN 46203
Fletcher Place NeighborhoodEstimated payment $2,078/month
Highlights
- Mature Trees
- Separate Formal Living Room
- Hiking Trails
- Victorian Architecture
- No HOA
- 4-minute walk to Edna Balz Lacy Park
About This Home
Discover the incredible potential of 747 E McCarty St, a hidden gem nestled in the heart of historic Fletcher Place-one of downtown Indianapolis' few residential neighborhoods. This charming 3-bedroom, 2-bath home boasts solid bones and an unbeatable location, just steps from the lively Virginia Street corridor and only blocks from downtown Fountain Square, where you can enjoy favorites like Chilly Water Brewing, Hotel Tango, and an array of restaurants, shops, and nightlife. With easy walking access to Eli Lilly and a short stroll to the Edna Balz Lacy Family Park, you'll be mere minutes away from downtown Indy's premier attractions, including Gainsbridge Fieldhouse, Lucas Oil Stadium, the convention center, Mass Ave, the Bottleworks District, and four major hospitals. Whether you're an owner-occupant looking for a move-in ready home to make your own, or an investor seeking a relatively turnkey property with significant upside potential-ideal for renovation, flipping, or short- to medium-term furnished rentals-this property is brimming with opportunity. Nestled on a small block among beautifully renovated homes and new builds in progress, 747 E McCarty St offers the perfect canvas to add your personal touch. Whether you choose a light cosmetic refresh or a full to-the-studs transformation, you can turn this well-located home into a modern urban oasis that truly shines in the epicenter of downtown Indy!
Listing Agent
Keller Williams Indpls Metro N License #RB15000083 Listed on: 02/25/2025
Home Details
Home Type
- Single Family
Year Built
- Built in 1900
Lot Details
- 5,227 Sq Ft Lot
- Mature Trees
Parking
- Alley Access
Home Design
- Victorian Architecture
- Fixer Upper
- Block Foundation
- Wood Siding
Interior Spaces
- 2-Story Property
- Non-Functioning Fireplace
- Entrance Foyer
- Separate Formal Living Room
- Formal Dining Room
- Basement
- Basement Cellar
- Laundry on main level
Kitchen
- Electric Oven
- Built-In Microwave
- Dishwasher
Flooring
- Carpet
- Laminate
Bedrooms and Bathrooms
- 3 Bedrooms
Outdoor Features
- Wrap Around Porch
Utilities
- Forced Air Heating and Cooling System
- Electric Water Heater
Listing and Financial Details
- Tax Lot 41
- Assessor Parcel Number 491112121088000101
Community Details
Overview
- No Home Owners Association
- Greer & Waters Subdivision
Recreation
- Hiking Trails
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $7,676 | $330,100 | $47,500 | $282,600 |
| 2023 | $7,676 | $320,700 | $47,500 | $273,200 |
| 2022 | $4,464 | $381,500 | $47,500 | $334,000 |
| 2021 | $3,933 | $167,600 | $29,100 | $138,500 |
| 2020 | $3,615 | $156,100 | $29,100 | $127,000 |
| 2019 | $3,603 | $152,600 | $29,100 | $123,500 |
| 2018 | $3,422 | $141,000 | $29,100 | $111,900 |
| 2017 | $2,933 | $135,200 | $29,100 | $106,100 |
| 2016 | $2,987 | $129,700 | $29,100 | $100,600 |
| 2014 | $2,916 | $135,100 | $29,100 | $106,000 |
| 2013 | $2,598 | $125,100 | $29,100 | $96,000 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/09/2025 08/09/25 | Price Changed | $269,900 | -3.6% | $148 / Sq Ft |
| 07/14/2025 07/14/25 | Price Changed | $279,900 | -3.4% | $154 / Sq Ft |
| 05/16/2025 05/16/25 | Price Changed | $289,900 | -3.0% | $159 / Sq Ft |
| 03/24/2025 03/24/25 | Price Changed | $299,000 | -3.5% | $164 / Sq Ft |
| 02/25/2025 02/25/25 | For Sale | $309,900 | 0.0% | $170 / Sq Ft |
| 03/01/2022 03/01/22 | Rented | $1,950 | -4.9% | -- |
| 02/15/2022 02/15/22 | Under Contract | -- | -- | -- |
| 12/14/2021 12/14/21 | For Rent | $2,050 | -- | -- |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | -- | New Title Company Name | |
| Warranty Deed | $150,000 | None Available | |
| Quit Claim Deed | -- | None Available | |
| Quit Claim Deed | -- | None Available | |
| Quit Claim Deed | -- | None Available | |
| Sheriffs Deed | $9,961 | None Available |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Closed | $45,000 | Construction | |
| Open | $236,250 | New Conventional | |
| Previous Owner | $185,000 | Commercial |
Source: MIBOR Broker Listing Cooperative®
MLS Number: 22020937
APN: 49-11-12-121-088.000-101
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
Based on information submitted to the MLS GRID. 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.
- 719 E Mccarty St
- 909 Wright St
- 927 Noble St Unit 3
- 630 E Mccarty St
- 741 Greer St
- 965 Elm St
- 1033 Hosbrook St
- 735 Lexington Ave Unit 8
- 917 Buchanan St
- 907 S East St
- 902 Woodlawn Ave
- 1027 Hosbrook St
- 938 Lexington Ave
- 928 Woodlawn Ave
- 1067 Hosbrook St
- 806 Shelby St
- 631 Prospect St
- 522 Prospect St
- 525 S East St
- 1110 Lexington Ave
- 719 Virginia Ave
- 639 Stevens St
- 921 Buchanan St Unit 921 Buchanan St
- 902 Woodlawn Ave
- 744 Lexington Ave
- 531 Virginia Ave
- 520 Virginia Ave
- 472 S Pine St
- 501 Virginia Ave
- 953 English Ave
- 929 English Ave Unit A
- 1131 Lexington Ave
- 220 Sanders St
- 736 E Orange St E
- 1140 Shelby St
- 1142 English Ave Unit 1142 English Ave Unit B
- 734 Parkway Ave
- 1035 Sanders St
- 1233 Shelby St
- 1224 Prospect St