$254,900
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!
GPS Friendly
Built-in Features, Entrance Foyer, None, Covered, Wrap Around, Cable Available, Natural Gas Connected
| MLS # | 22020937 |
|---|---|
| Date Listed | 2025-02-25 |
| Status | Active |
| Property Type | Residential |
| Property SubType | Single Family Residence |
| Square Feet | 2215 sqft |
| New Construction | No |
| Style | Victorian |
| Type | Single Family Residence |
| Basement | Cellar |
| Bedrooms | 3 |
| Bathrooms | 2 |
| Year Taxes Payable | 2023 |
| Year Built | 1900 |
| Virtual Tour | indy-realty-pics.aryeo.com » |
| Days on Market | 284 |
| Design | Victorian |
|---|---|
| Cooling | Central Air |
| Heating | Forced Air, Natural Gas |
| Main Level Laundry | Yes |
| Construction | Single Family Residence |
|---|---|
| Exterior | Covered, Wrap Around |
| Lot Size | 5,227 sq ft |
| Acreage | 0.12 Acres |
| Sewer | Municipal Sewer Connected |
| Water | Public |
| Fence | Partial |
| Area | Marion |
|---|---|
| County | Marion |
| Subdivision | Greer & Waters |
| Township | Center |
| City | Indianapolis |
| State | IN |
| Zip | 46203 |
| School District | Indianapolis Public Schools |
|---|
| Assoc. Dues | $0.00 |
|---|
MLS# 22020937
IDX information provided by the MIBOR REALTOR® Association.
IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS.
Listing Provided Courtesy of Peter Stewart
Keller Williams Indpls Metro N
peter@peterstewartrealty.com
Listing updated October 28, 2025 at 8:56 am
Last checked 14 minutes ago