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735 Elm Street

Indianapolis, IN 46203

PendingListed Aug 18, 2026 · 35 days on market

Key facts

Beds
3
Baths
1 full · 1 half
Living area
1,483 sqft
Lot
0.09 acres
Year built
1921
Type
Residential · Single Family Residence
Stories
Two
Garage
2 spaces
MLS #
22121026
County
Marion
Subdivision
Fletcher Place
Total building area
1,744 sqft

About this home

Charming Fletcher Place home with rare extra lot + 2-car garage near the Cultural Trail! Ideally located just off College & Elm in one of downtown Indianapolis' most sought-after historic neighborhoods, this beautifully maintained home offers the perfect blend of historic character, modern updates, and an unbeatable location. Enjoy being just around the corner from the Cultural Trail, Bluebeard, Amelia's Bakery, Calvin Fletcher's Coffee, and all of the dining, coffee shops, and entertainment that Fletcher Place, Fountain Square, and downtown Indy have to offer. This inviting home features 3 bedrooms, 2 baths, and 1,700+ total square feet filled with warmth and original charm. Inside, you'll find a light-filled interior with fresh paint, updated lighting, and thoughtful improvements throughout that make the home truly move-in ready while preserving its historic appeal. One of the property's most exceptional features is the rare included side lot, offering incredible flexibility for outdoor entertaining, gardening, pets, future expansion, or simply enjoying extra green space - a true luxury in the downtown market. The detached two-car garage provides convenient off-street parking and additional storage, another hard-to-find amenity in this location. Recent updates include interior and exterior paint, new light fixtures, new window blinds, updated faucets, a new washer and dryer, and a new furnace (see full updates list in supplements). This is a unique opportunity to own a character-filled home with additional land in the heart of Fletcher Place - combining historic charm, modern comfort, and an unbeatable urban lifestyle. (Seller is a licensed real estate broker.)

Description provided by the listing brokerage.

Interior

Appliances
DryerMicrowaveElectric OvenRange HoodRefrigeratorWasherWater Heater
Interior features
Hi-Speed Internet AvailblSmart Thermostat
Flooring
Hardwood
Rooms
7

Exterior

Construction
Wood Siding
Foundation
Block
Style
Traditional
Parking and garage
Detached

Systems

Heating
Natural Gas
Cooling
Central Air
Water
Public

Schools

School district
Indianapolis Public Schools

Taxes

Estimated annual tax
$3,306 / yearTwice the semi-annual installment the listing reports.
Tax year
2025

Estimate your monthly payment

$2,270per month, estimated
Principal and interest $1,865Property tax $276Insurance $130
20% · $74,000
6.47%
Loan type
Loan term

Estimates only. This calculator does not give a quote. Defaults reflect Marion County / Indianapolis averages: property tax from this home's actual county bill, homeowners insurance at 0.42% annually. Conventional: PMI runs 0.55% of the loan annually when your down payment is below 20%, and drops automatically at 22% equity. Your real number depends on credit, taxes assessed for the parcel, escrow, condo insurance, and HOA. Rates as of May 2026 and subject to change.

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Listed at$370,000
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