Historic Fletcher Place development opportunity. Built as a double in 1879 by Sebert L. Furgason but is currently divided into four units. Tenant occupied. Needs full restoration. To be sold "AS IS". One of six contiguous properties that can be purchased seperately. MLS #2773677, 2773672, 2702461, 2702514, & 2702368 are the other adjoining properties. The Cultural Trail is scheduled to be completed on Virginia Ave. in 2009. Opportunity knocks! (Unit #1-range & refrigerator not included)
Sold for $285,000
$285,000
723 Fletcher Ave, Indianapolis, IN 46203
3beds
--baths
1,703sqft
MultiFamily
Built in 1879
-- sqft lot
$295,600 Zestimate®
$167/sqft
$1,583 Estimated rent
Home value
$295,600
$278,000 - $313,000
$1,583/mo
Zestimate® history
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$1,777/mo
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$1,777/mo
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
Heating
- Other
Interior area
- Total interior livable area: 1,703 sqft
Property
Lot
- Size: 3,441 sqft
Details
- Parcel number: 491112236218000101
Construction
Type & style
- Home type: MultiFamily
Materials
- Frame
- Roof: Asphalt
Condition
- Year built: 1879
Community & neighborhood
Location
- Region: Indianapolis
Price history
| Date | Event | Price |
|---|---|---|
| 6/7/2024 | Sold | $285,000+359.7%$167/sqft |
Source: Public Record Report a problem | ||
| 2/7/2012 | Sold | $62,000$36/sqft |
Source: Public Record Report a problem | ||
| 7/10/2009 | Sold | $62,000-21.5%$36/sqft |
Source:  MIBOR as distributed by MLS GRID #2702379 Report a problem | ||
| 8/8/2008 | Listed for sale | $79,000$46/sqft |
Source: Carpenter Realtors #2702379 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,753 -43.8% | $245,200 +86.3% |
| 2024 | $3,122 +5.8% | $131,600 |
| 2023 | $2,951 +27.9% | $131,600 +5.3% |
| 2022 | $2,307 +15.8% | $125,000 +25% |
| 2021 | $1,992 -33% | $100,000 +16.3% |
| 2020 | $2,972 +7.5% | $86,000 -31.7% |
| 2019 | $2,766 +12.7% | $125,900 +8.4% |
| 2018 | $2,455 +4.6% | $116,100 +4.5% |
| 2017 | $2,348 +5.2% | $111,100 +4.5% |
| 2016 | $2,231 +4.1% | $106,300 +7.3% |
| 2014 | $2,143 -2.8% | $99,100 |
| 2013 | $2,203 | $99,100 +1.1% |
| 2012 | $2,203 | $98,000 +48.5% |
| 2011 | -- | $66,000 |
| 2010 | $1,377 -2.4% | $66,000 |
| 2009 | $1,411 | $66,000 -8.1% |
| 2007 | -- | $71,800 |
Find assessor info on the county website
Neighborhood: Downtown
Nearby schools
GreatSchools rating
- 7/10Center for Inquiry School 2Grades: K-5Distance: 1.2 mi
- 4/10Francis W. Parker School 56Grades: PK-8Distance: 2.8 mi
- 1/10Arsenal Technical High SchoolGrades: 9-12Distance: 1.2 mi
Schools provided by the listing agent
- District: Indianapolis Public Schools
Source: The MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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Estimated market value
$295,600
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$295,600
- Indiana
- Marion County
- Indianapolis
- 46203
- Downtown
- 723 Fletcher Ave
Nearby cities
Nearby neighborhoods
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