Recently Sold — 747 E McCarty Street, Indianapolis, IN 46203Schedule a tour or ask a question
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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!
$239,900
$309,900
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 Str...
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
- Sold$235,000
May 7, 2026
- Price reduced$254,900 → $239,900
Feb 18, 2026
- Listedat $309,900
Feb 25, 2025
Greer & Waters · activity
past 6 months
- Sold
- 3
- Median price
- $273,500
- Median DOM
- 167 days
Recent comparable sales

$208,000
1426 E Bradbury Avenue
3bd · 2ba · 1,320 sqft
Sold May 2026

$380,000
605 Parkway Avenue
3bd · 2ba · 2,003 sqft
Sold May 2026

$482,000
962 Elm Street
3bd · 4ba · 2,047 sqft
Sold May 2026

$335,000
830 Olive Street
3bd · 2ba · 1,294 sqft
Sold May 2026

$335,000
1414 Leonard Street
4bd · 3ba · 2,113 sqft
Sold May 2026
Comparative value
5 comps in this range
This home is 30% below median for similar nearby sales.
FEATURES & AMENITIES
Interior
Climate
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
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

