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747 E Mccarty Street

Indianapolis, IN 46203

3 beds
2 baths
1,822 sqft
5,227 sqft lot
$164 per sqft
1900 build

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 courtesy of MIBOR / Keller Williams Indpls Metro N

Last checked: Checking… • Last updated Apr 8, 2025 •

MLS# 22020937 —

This home is listed in more than one place. See it here.

The Building

Year Built:

1900
New Construction:

false
Construction Materials:

Wood
Architectural Style:

Victorian
Levels:

Two
Basement:

true
Basement:

Cellar
Foundation Details:

Block
Patio And Porch Features:

Covered Porch, Wrap Around
Accessibility Features:

No
Green Certification:

No
Upper SqFt:

786
Building Area Total:

2215

Interior

Rooms:

8
Rooms Total:

8
Rooms Total:

8
Interior:

Living Room Formal
Interior Features:

Built In Book Shelves, Entrance Foyer
Kitchen Features:

Kitchen Updated
Eating Area:

Formal Dining Room
Laundry Features:

Main Level
Fireplaces Total:

1
Fireplace Features:

Non Functional

Room Dimensions

SqFt:

1822
Main Level SqFt:

1036
Living Area:

1822

Location

Directions:

GPS Friendly
Latitude:

39.75601
Longitude:

-86.145335

The Property

View:

true
Property Type:

Residential
Property Subtype:

Single Family Residence
Property Attached:

false
Parcel Number:

491112121088000101
Acres:

<1/4 Acre
Lot Features:

On Trail, Street Lights, Mature Trees
Lot Size Acres:

0.12
Lot Size SqFt:

5,227 Sqft
Price Per Acre:

2491667
Property Condition:

Fixer
Additional Parcels:

false
View:

false
Waterfront:

false
Fencing:

Partial
Horse Amenities:

None
Fence:

Yes

Listing Agent

Contact info:

Taxes

Tax Lot:

41
Tax Year:

2023
Tax Exemptions:

None
Semi Annual Property Tax Amt:

3804

Beds

Beds:

3
Bedrooms:

3
Bedrooms Total:

3
# of Bedrooms Upper:

3

Baths

Baths:

2
Full Baths:

2
Full Baths:

2
Full Baths Main:

1
Full Baths Upper:

1

The Listing

Virtual Tour Branded:

Virtual Tour
Virtual Tour Unbranded:

Virtual Tour

Heating & Cooling

Heating:

Forced Air, Natural Gas

Utilities

Utilities:

Cable Available
Water Source:

Municipal/City
Solid Waste:

Yes

Appliances

Appliances:

Dishwasher, Electric Water Heater, MicroHood, Electric Oven, Refrigerator

Schools

High School District:

Indianapolis Public Schools

The Community

Subdivision Name:

Greer & Waters
Spa:

false
Pool Private:

false
Association:

false

Parking

Parking Features:

Alley Access
Garage:

false

Monthly cost estimate

Asking price

$299,000

Expense	Monthly cost
Mortgage	$1,601
Taxes	$634
Insurance	$82
Utilities	$175 See report
Total	$2,492/mo.^*
	^*This is an estimate

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Transit Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Air Pollution Index

Provided by ClearlyEnergy

Max Internet Speed

AT&T Internet

Provided by BroadbandNow®

Sale history

Date	Event	Source	Price	% Change
3/24/25 Mar 24, 2025	Price Changed	MIBOR	$299,000	-3.5%
2/25/25 Feb 25, 2025	Listed / Active	MIBOR	$309,900
2/20/23 Feb 20, 2023	Price Changed	MIBOR

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This house located in South Side Indianapolis, Indianapolis, IN 46203 is currently for sale for $299,000. 747 E Mccarty Street is a 1,822 square foot house with 3 beds and 2 baths. 747 E Mccarty Street is in the South Side Indianapolis neighborhood of Indianapolis and has a WalkScore® of 91, making it a walker’s paradise. This house is in the attendance area of Arsenal Technical High School, Washington Irving School 14, Riverside High School, and George Washington Community High School.

Listing Courtesy of: MIBOR and Keller Williams Indpls Metro N.

IDX information is provided exclusively for consumers’ personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
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.

Data is deemed reliable but is not guaranteed accurate by the Broker Listing Cooperative® listing service