Description
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!
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3BEDS
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0.12ACRES
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2BATHS
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01/2 BATHS
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1,822SQFT
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$129$/SQFT
Description
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!
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Based on information submitted to the MLS GRID as of 2026-05-15T00:25:23.047. 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.
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