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734 E McCarty Street, Indianapolis, IN 46203

Greer & Waters · Marion County

Key Facts

0.15Lot (acres)

Description

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.

Property Information

Property Type

Land

Lot Size

0.15 acres

Zoning

D8

Days on Market

1

MLS® Listing#

22095375

Property Features

Lot Features

ClearedIrregular Lot

Sewer

Public Sewer

Water Source

Public

Financial Details

Parcel Number

491112121101000101

Directions

GPS Friendly

Affordability Calculator

$91,980

Estimated monthly payment

$2,448/mo

Principal $367,920 · Est. interest $513,281 over 30 yrs

Neighborhood Market Statistics

How this home compares to active listings in Indianapolis, IN

$276,705
Median Listing Price
55
Median Days on Market
1,638
Median Sq Ft
$159
Median Price / Sq Ft
3,249
Active Listings
  • This home’s price is 66% above the area median.

Market statistics compiled from active EXIT Realty® and MLS listings in Indianapolis, IN.

Location

Map showing the location of 734 E McCarty Street, Indianapolis, IN 46203

Points of Interest in Indianapolis, IN

Showing the Indianapolis area map.

Nearby Schools

  • Lumen Christi Catholic School

    School · 0.2 mi away

  • Longfellow Magnet Middle School

    School · 0.5 mi away

  • Wing Walkers the Lilly Child Development Center

    School · 0.7 mi away

  • Emmaus Lutheran School

    School · 0.7 mi away

  • Sense Charter

    Elementary · 0.8 mi away

  • Fountain Square Academy

    School · 0.8 mi away

  • James A Garfield School 31

    Elementary · 0.9 mi away

  • William McKinley School 39

    Elementary · 0.9 mi away

  • Urban Act Academy

    School · 1.0 mi away

  • Holy Cross Central School

    School · 1.1 mi away

  • Otis E Brown Elementary School

    Elementary · 1.1 mi away

  • Center for Inquiry School 2

    Elementary · 1.5 mi away

  • Frederick Douglass School

    Elementary · 1.5 mi away

  • Indianapolis Public Schools

    Secondary · 1.5 mi away

  • Paramount Cottage Home

    Elementary · 1.5 mi away

  • Indianapolis Public Schools

    Elementary · 1.5 mi away

  • Indianapolis Public Schools

    Elementary · 1.6 mi away

  • Florence Fay Elementary School

    Elementary · 1.6 mi away

  • Emmerich Manual High School

    Secondary · 1.6 mi away

  • Arsenal Technical High School

    Secondary · 1.6 mi away

Commute Calculator

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Nearby Homes

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Similar Home Values

Comparable nearby listings and their asking prices.

Moving Cost Estimate

EXIT Agents in Indianapolis

Listing Courtesy: F.C. Tucker Company - sarah.fishburn@talktotucker.com

Listings courtesy of MIBOR as distributed by MLS GRID. IDX information is provided exclusively for consumers’ personal non-commercial use. This data may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This data is deemed reliable but is not guaranteed by MLS GRID, use of the MLS GRID Data may be subject to an end user license agreement prescribed by the Member Participant’s applicable MLS if any and as amended from time to time. MLS GRID may, at its discretion, require use of other disclaimers as necessary to protect Member Participant, and/or their MLS from liability. 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.

Last Updated: 2026-04-14

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The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange (IDX) program of one or more Multiple Listing Services (MLS). Listing information is deemed reliable but is not guaranteed accurate. Copyright © EXIT Realty® and respective MLS providers.

Data provided by MIBOR. MLS® Listing#22095375. © 2026EXIT Realty®. All rights reserved.