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Sheldon Barnes can help you tour 747 E McCarty Street

Sheldon Barnes is a Carmel realtor and licensed real estate agent serving Indianapolis, Indiana and the rest of Hamilton County. Book a private tour of 747 E McCarty Street in Greer & Waters, ask any question about this home, or talk through what you should know about buying in Indianapolis.

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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!

Listed by Peter Stewart· Keller Williams Indpls Metro N· MLS# 22020937
Recently SoldSold in 371 days

$239,900

$309,900

3Beds
2Baths
1,822Sq Ft

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 Str...

Listed by Peter Stewart· Keller Williams Indpls Metro N· MLS# MBR22020937

1,822

Sq Ft

1900

Year Built

3

Bedrooms

2

Bathrooms

Key things to know

  • Sold 24% below list in 371 days
  • Fireplace
  • Basement
  • Greer & Waters subdivision

Sold

$235,000

-$74,900 below list (-24.2%)

Closed
May 7, 2026
Listed at
$309,900
Sold
6 days ago
Sold in
371 days

Price history

  1. Sold$235,000

    May 7, 2026

  2. Price reduced$254,900 → $239,900

    Feb 18, 2026

  3. Listedat $309,900

    Feb 25, 2025

Sold
3
Median price
$273,500
Median DOM
167 days

Comparative value

5 comps in this range

This home is 30% below median for similar nearby sales.

$208K$482KMedian $335K
$235K

FEATURES & AMENITIES

Interior

Built-in FeaturesEntrance Foyer

Climate

Heat: Forced AirHeat: Natural GasCool: Central Air

THE FACTS

Pricing trajectory, room-by-room layout, schools, and what's nearby.

Price history

  • $309,900Listed· Feb 25, 2025

  • $239,900Reduced

    $70,000 (22.6% off original)

371 days on market

Layout

Main
14 rooms1,036 sq ft
Upper
314 rooms786 sq ft

Schools

Indianapolis Public Schools

    Neighborhood

    • Downtown Indianapolis1.1 mi
    • Monon Trail (Carmel)14.1 mi
    • Carmel Central Park14.5 mi
    • Carmel High School14.7 mi
    • IU Health North Hospital14.8 mi
    • Zionsville Community HS15.3 mi

    PROPERTY DETAILS

    Living Area

    1,822 sq ft

    Year Built

    1900

    Stories

    Two

    Subdivision

    Greer & Waters

    Bedrooms

    3

    Bathrooms

    2 full

    School District

    Indianapolis Public Schools

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