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Sold
  • $350,000

    735 Elm St, Indianapolis, IN 46203

    3beds
    1,744sqft
    Residential, Single Family Residence
    Built in 1921
    3,920 Square Feet Lot
    $361,600 Zestimate®
    $201/sqft
    $2,030 Estimated rent

    Home value

    $361,600

    $344,000 - $380,000

    $2,030/mo

    Zestimate® history
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    What's special

    Modern updatesHistoric characterHistoric charmDetached two-car garageModern comfortCharacter-filled homeRare extra lot
    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.)

    Zillow last checked:

    Listing updated:

    Listed by:

    Susan Batchelder venturelanein@gmail.com,

    Venture Lane Properties

    Bought with:

    Will Lonnemann

    F.C. Tucker Company

    Source: MIBOR as distributed by MLS GRID,MLS#: 22121026MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 2
    • Full bathrooms: 1
    • 1/2 bathrooms: 1
    • Main level bathrooms: 1
    Primary bedroom
    • Level: Upper
    • Area: 144 Square Feet
    • Dimensions: 12X12
    Bedroom 2
    • Level: Upper
    • Area: 117 Square Feet
    • Dimensions: 13X9
    Bedroom 3
    • Level: Upper
    • Area: 110 Square Feet
    • Dimensions: 11X10
    Breakfast room
    • Level: Main
    • Area: 86.4 Square Feet
    • Dimensions: 10.8X8
    Dining room
    • Level: Main
    • Area: 224.4 Square Feet
    • Dimensions: 18.7X12
    Kitchen
    • Level: Main
    • Area: 88 Square Feet
    • Dimensions: 11X8
    Living room
    • Level: Main
    • Area: 156 Square Feet
    • Dimensions: 13X12
    Heating
    • Natural Gas
    Cooling
    • Central Air
    Appliances
    • Included: Dryer, Microwave, Electric Oven, Range Hood, Refrigerator, Washer, Water Heater
    Features
    • High Speed Internet, Smart Thermostat
    • Has basement: Yes
    Interior area
    • Total structure area: 1,744
    • Total interior livable area: 1,744 sqft
    • Finished area below ground: 39

    Property

    Parking
    • Total spaces: 2
    • Parking features: Detached
    • Garage spaces: 2
    Features
    • Levels: Two
    • Stories: 2
    Lot
    • Size: 3,920 Square Feet
    Details
    • Parcel number: 491112236083000101
    • Horse amenities: None

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Traditional
    • Property subtype: Residential, Single Family Residence
    Materials
    • Wood Siding
    • Foundation: Block
    Condition
    • New construction: No
    • Year built: 1921

    Utilities & green energy

    • Water: Public

    Community & HOA

    Community
    • Subdivision: Fletcher Place
    HOA
    • Has HOA: No
    Location
    • Region: Indianapolis

    Financial & listing details

    • Price per square foot: $201/sqft
    • Tax assessed value: $297,400
    • Annual tax amount: $3,306
    • Date on market: 8/18/2026
    • Cumulative days on market: 143 days

    Price history

    DateEventPrice
    10/30/2026Sold$350,000-5.4%$201/sqft
    Source: MIBOR as distributed by MLS GRID #22121026 Report a problem
    9/21/2026Pending sale$370,000$212/sqft
    Source: MIBOR as distributed by MLS GRID #22121026 Report a problem
    8/18/2026Listed for sale$370,000-2.6%$212/sqft
    Source: MIBOR as distributed by MLS GRID #22121026 Report a problem
    8/11/2026Listing removed$379,900$218/sqft
    Source: MIBOR as distributed by MLS GRID #22083423 Report a problem
    7/27/2026Price change$379,900-1.3%$218/sqft
    Source: MIBOR as distributed by MLS GRID #22083423 Report a problem
    7/13/2026Price change$384,900-1.3%$221/sqft
    Source: MIBOR as distributed by MLS GRID #22083423 Report a problem
    6/21/2026Price change$389,900-2.3%$224/sqft
    Source: MIBOR as distributed by MLS GRID #22083423 Report a problem
    6/17/2026Listed for sale$399,000$229/sqft
    Source: MIBOR as distributed by MLS GRID #22083423 Report a problem
    4/4/2026Pending sale$399,000$229/sqft
    Source: MIBOR as distributed by MLS GRID #22083423 Report a problem
    3/21/2026Price change$399,000-6.8%$229/sqft
    Source: MIBOR as distributed by MLS GRID #22083423 Report a problem
    2/10/2026Listed for sale$427,900+24%$245/sqft
    Source: MIBOR as distributed by MLS GRID #22083423 Report a problem
    3/5/2021Sold$345,000+7.8%$198/sqft
    Source: MIBOR as distributed by MLS GRID #21764659 Report a problem
    3/30/2020Listing removed$319,900$183/sqft
    Source: CENTURY 21 Scheetz #21687578 Report a problem
    3/2/2020Price change$319,900-1.6%$183/sqft
    Source: CENTURY 21 Scheetz #21687578 Report a problem
    1/6/2020Listed for sale$325,000$186/sqft
    Source: MIBOR REALTOR Association #21687578 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$3,067 -11.3%$297,400 +15.4%
    2024$3,456 -0.3%$257,800 -11.5%
    2023$3,468 +67.4%$291,300 +0.3%
    2022$2,072 +13.6%$290,300 +60.4%
    2021$1,824 -15.4%$181,000 +13.3%
    2020$2,156 +9.6%$159,800 -13.2%
    2019$1,967 +14.4%$184,100 +10%
    2018$1,719 +5.2%$167,400 +4.7%
    2017$1,635 +2.3%$159,900 +5.1%
    2016$1,598 +2.2%$152,200 +3.8%
    2014$1,564 +10.9%$146,600 +10%
    2013$1,411 $133,300 -4.6%
    2012$1,411 $139,700 +11.4%
    2011-- $125,400
    2010$1,291 -1.6%$125,400
    2009$1,312 $125,400 -2.8%
    2007-- $129,000 -19.9%
    2006-- $161,100 +246.5%
    2005-- $46,500
    2004-- $46,500
    2003-- $46,500 +137.2%
    2002-- $19,600 +199.7%
    2001-- $6,540
    2000-- $6,540
    Find assessor info on the county website

    Neighborhood: Downtown

    Nearby schools

    GreatSchools rating
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    Estimated market value

    $361,600

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    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value

    $361,600