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About this House
An outstanding opportunity to acquire a prime parcel of land in one of the city's most sought-after locations. Zoned D8, this premium site offers exceptional potential for a wide range of development uses including residential, commercial, mixed-use, or hospitality (subject to planning permission). Situated in the heart of a vibrant and rapidly evolving area, this lot enjoys excellent connectivity to key transport links, business districts, cultural landmarks, and an array of amenities. Surrounded by thriving developments and a dynamic urban community, this location is ideal for visionary developers and investors seeking long-term value and high visibility. Key Features include: Prime urban location, Zoned D8 - suitable for residential, commercial, or mixed-use development, Excellent public transport and road access, Proximity to schools, hospitals, retail hubs, and cultural attractions, Strong rental demand and capital growth potential. This is a rare chance to secure a blue-chip site in an area with ongoing regeneration and investment. Don't miss this unique development prospect in a premium location.
Last check for updates: about 5 hours ago
Listing Provided by: Sarah Fishburn, (317) 989-5613
F.C. Tucker Company
Source: MIBOR as distributed by MLS GRID, MLS#22095375

Also Listed on MIBOR as distributed by MLS GRID.
Home Details for 734 E McCarty St
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MLS Status: Active |
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Exterior Home Features Other Structures: Utility Buildings(s) |
Frontage Road Frontage: City Street, Access RdRoad Surface Type: Asphalt, Concrete |
Farm & Range Horse Amenities: None |
Surface & Elevation Topography: Cleared |
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Cumulative Days on Market: 1Days on Market: 148 |
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Property Type / Style Property Type: LandProperty Subtype: Unimproved Land, Residential Lots |
Building Not a New Construction |
Property Information Parcel Number: 491112121101000101 |
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Price List Price: $459,900 |
Status Change & Dates Possession Timing: Close Of Escrow |
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Direction & Address City: IndianapolisCommunity: Greer & Waters |
School Information High School District: Indianapolis Public Schools |
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Listing Agent Listing ID: 22095375 |
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Lot Area: 6534 sqft |
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Listing Terms: Other |
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Mls Number: 22095375 |
Around this home
What Locals Say about Downtown
At least 196 Trulia users voted on each feature.
89 % Say it's dog friendly
87 % Say there are sidewalks
83 % Say it's walkable to restaurants
78 % Say streets are well-lit
75 % Say it's walkable to grocery stores
70 % Say parking is easy
66 % Say there's holiday spirit
65 % Say people would walk alone at night
64 % Say car is needed
48 % Say yards are well-kept
46 % Say neighbors are friendly
44 % Say they plan to stay for at least 5 years
34 % Say there are community events
34 % Say it's quiet
33 % Say kids play outside
24 % Say there's wildlife
Sourced by Trulia users. Learn more about our methodology.
Market trends in Downtown
Last updated July 2026
Avg. sale price
$387K
Sale-to-List Price
—
Price per sq ft
$238
Available listings
140
7MoM
Home Value
Learn more about this home's value by checking out the value of nearby homes and how much similar homes have sold for.
Comparable sales
These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
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0.25 | Lot/Land | $122,500 | 08/31/26 | - | - | ||
0.25 | Lot/Land | $85,000 | 04/03/26 | - | - | ||
0.36 | Lot/Land | $105,000 | 09/10/25 | - | - | ||
0.51 | Lot/Land | $170,000 | 03/16/26 | - | - | ||
0.45 | Lot/Land | $30,000 | 12/22/25 | - | - | ||
0.48 | Lot/Land | $125,000 | 12/16/25 | - | - | ||
0.48 | Lot/Land | $125,000 | 12/16/25 | - | - | ||
0.49 | Lot/Land | $125,000 | 12/16/25 | - | - | ||
0.56 | Lot/Land | $60,000 | 11/14/25 | - | - | ||
0.64 | Lot/Land | $70,000 | 10/24/25 | - | - |
Nearby home prices
Get a sense of expected prices in the area by checking the value of nearby homes.Address | Distance | Price | Bed | Bath | Sqft | Status |
|---|---|---|---|---|---|---|
0.03 | $498,100 | 3 | 2 | 3,376 | Off Market | |
0.04 | $290,000 | 2 | 1 | 1,939 | Recently Sold | |
0.03 | $355,700 | 3 | 2 | 2,644 | Off Market | |
0.04 | $346,700 | 3 | 2.5 | 1,541 | Off Market | |
0.03 | $429,000 | 4 | 2.5 | 2,016 | Off Market | |
0.05 | $464,800 | 3 | 2.5 | 1,946 | Off Market | |
0.07 | $389,900 | 4 | 2 | 2,823 | Off Market | |
0.07 | $372,800 | 3 | 2 | 2,500 | Off Market | |
0.07 | $359,400 | 3 | 3 | 2,413 | Off Market | |
0.05 | $305,400 | 2 | 1.5 | 1,888 | Off Market | |
0.06 | $375,100 | 3 | 2 | 2,208 | Off Market |
Price and Tax history
| Date | Event | Price |
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Apr 14, 2026 Source: MIBOR as distributed by MLS GRID #22095375 | Listed For Sale | $459,900 |
Jul 11, 2025 Source: MIBOR as distributed by MLS GRID #22031035 | ListingRemoved | $499,999 |
Apr 6, 2025 Source: MIBOR as distributed by MLS GRID #22031035 | Listed For Sale | $499,999 |
| Year | Property tax | Tax assessment |
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| 2025 | $1,438 | $60,600 |
Home facts updated by county records
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Sarah Fishburn, F.C. Tucker Company
Agent Phone: (317) 989-5613

Based on information submitted to the MLS GRID as of 2026-09-09 11:08:29 PDT. 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. Some IDX listings have been excluded from this website. Click here for more information
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Frequently asked questions about 734 E McCarty St
- How big is 734 E McCarty St?734 E McCarty St in Indianapolis, IN is about 0.15 acres (6,534 sq ft).
- What is the price per acre for 734 E McCarty St?734 E McCarty St in Indianapolis, IN is listed at $459,900, or about $3.1M per acre.
- What do residents say about the Downtown neighborhood?Residents describe the Downtown neighborhood in Indianapolis, IN as dog-friendly, pedestrian-friendly, and walkable to restaurants. See homes for sale in Downtown, Indianapolis.
- What are the closest schools to 734 E McCarty St?The closest schools to 734 E McCarty St in Indianapolis, IN are Anna Brochhausen School 88 (Pre-K/Elementary, rated 3/10), Arlington Community Middle School (rated 2/10), Arlington Woods School 99 (Pre-K/Elementary, rated 4/10).

