Affordable Homes for Sale in Indianapolis, IN under $190,000

• 

  

  

  /22

  $140,000

  • 3 Beds
  • 1 Bath
  • 768 Sq Ft

  3522 N Olney St, Indianapolis, IN 46218

  This well-cared-for 3-bedroom, 1-bath home is located in the desirable Forest Manor area, just east of the Fairgrounds in Indianapolis. Inside, you'll find luxury vinyl plank flooring in the living room, kitchen, and bathroom, tile finishes in the bathroom, and cozy carpet in all bedrooms. The kitchen comes equipped with a refrigerator and stove for added convenience. Major updates include a

  

  Lindsay Adams

  Pillario Property Management LLC

  3522 N Olney St, Indianapolis, IN 46218
• Explore Indianapolis

• 

  

  

  /31

  $179,900

  $5K PRICE DROP

  • 3 Beds
  • 1.5 Baths
  • 1,208 Sq Ft

  8144 Penway St, Indianapolis, IN 46226

  Welcome home to this charming 3-bedroom, 1.5-bath residence in Indianapolis! This well-maintained home features fresh paint throughout and a recently updated full bathroom, offering a clean and modern feel. The primary bedroom enjoys convenient Jack-and-Jill access to the half bath, creating a private suite-like experience. The spacious attached garage provides added convenience, while the fully

  

  Lindsay Adams

  Four Points Realty LLC

  8144 Penway St, Indianapolis, IN 46226
• 

  

  

  /28

  $185,000

  $10K PRICE DROP

  • 3 Beds
  • 1 Bath
  • 864 Sq Ft

  7359 E 53rd St, Indianapolis, IN 46226

  *** $5000 Grant available*** Move-in ready and beautifully renovated, this 3-bedroom ranch home in Lawrence Township offers comfort, convenience, and modern updates throughout. Ideally located within walking distance of local schools, this home features both front and rear fenced yards, providing plenty of outdoor space for pets, play, and entertaining. Step inside to find fresh paint, updated

  

  Lindsay Adams

  Pillario Property Management LLC

  7359 E 53rd St, Indianapolis, IN 46226
• 

  

  

  /46

  $189,900

  • 3 Beds
  • 1 Bath
  • 1,464 Sq Ft

  2708 Aurie Dr, Indianapolis, IN 46219

  Solid bones, thoughtful updates, and more space than you'd expect in the area - 2708 Aurie Drive delivers the kind of move-in ready package that's getting harder to find. The all-brick exterior sets the tone before you even step inside. The covered front porch is the kind of spot where the neighborhood comes alive around you, whether you're watching the seasons change or just decompressing after

  

  Chassidy King

  King's Landing Real Estate

  2708 Aurie Dr, Indianapolis, IN 46219
• 

  

  

  /11

  $105,000

  $20K PRICE DROP

  • 2 Beds
  • 1 Bath
  • 720 Sq Ft

  2913 S Rybolt Ave, Indianapolis, IN 46241

  Investment opportunity for those seeking a valuable property or a project to personalize. Conveniently located with room to spread out allows for endless possibilities. This 2 bedroom 1 bath home sits on three lots. An oversized detached garage with concrete floor offers endless possibilities for storage, or hobbyists. Bring your dreams. The home and garage are on 2 of the 3 lots, but the 3rd lot

  

  Lisa Bohr

  Berkshire Hathaway Home

  2913 S Rybolt Ave, Indianapolis, IN 46241
• 

  

  /19

  $89,999

  $10K PRICE DROP

  • 2 Beds
  • 1.5 Baths
  • 966 Sq Ft

  2850 Punto Alto Ct, Indianapolis, IN 46227

  Beautiful 2 story 2 bedroom 1 1/2 bath condo with a shared garage plus storage locker. Condo has new paint and newer carpet. Also newer kitchen cabinets and Stainless-Steel appliances! Big open dining room/ living area. Main level has a 1/2 bathroom. 2nd story has 2 bedrooms and a full bath. Primary bedroom has 2 closets (1 is a walk-in closet). Stackable Washer/Dryer also included. Garage is a

  

  Don Harrington

  F.C. Tucker Company

  2850 Punto Alto Ct, Indianapolis, IN 46227
• 

  

  /11

  $135,000

  $10K PRICE DROP

  • 2 Beds
  • 1 Bath
  • 725 Sq Ft

  719 Melvenia St, Indianapolis, IN 46219

  Opportunity for an investor with a tenant in place. Recent updates include: furnace '20; house roof, '23; garage roof, water heater, sump pump and electrical service, '24. The bonus room is being used as a third bedroom. This home also has a two car detached garage.

  

  Mike Cagle

  F.C. Tucker Company

  719 Melvenia St, Indianapolis, IN 46219
• 

  

  /4

  $25,000

  • Land
  • 4,356 Sq Ft
  • $250,000 per Acre

  3109 N Olney St, Indianapolis, IN 46218

  Great opportunity for a builder or investor to secure land in an emerging area. Located just seconds from Washington Park and only 15 minutes from Butler University, this property offers excellent potential for future development. Convenient location with nearby amenities and strong growth in the surrounding area make this a smart investment. Don't miss the chance to grab land in a rapidly

  

  Tyler Carmichael

  eXp Realty, LLC

  3109 N Olney St, Indianapolis, IN 46218
• 

  

  /34

  $135,000

  • 3 Beds
  • 1 Bath
  • 953 Sq Ft

  3707 Rockville Rd, Indianapolis, IN 46222

  Looking for an investment property or a charming starter home on the west side of Indianapolis? This 3 bedroom, one-bath bungalow offers a large living area on the main floor with an electric fireplace, and full basement. This home is locate near the bus line, with convenient access to restaurants, shopping, everyday amenities and close to downtown. Whether you're expanding your portfolio or

  

  Dana Wright

  RE/MAX Advanced Realty

  3707 Rockville Rd, Indianapolis, IN 46222
• 

  

  /26

  $155,000

  • 2 Beds
  • 1 Bath
  • 948 Sq Ft

  524 N Bradley Ave, Indianapolis, IN 46201

  Welcome to 524 N Bradley Street, where charm, character, and opportunity come together! Just minutes from Downtown Indianapolis, this move-in-ready gem is perfect for first-time buyers, savvy investors, or anyone looking for an affordable place to call home. Step inside and you'll love the spacious living room, formal dining area, and gorgeous hardwood floors that bring warmth and timeless

  

  Taylor Thomas

  eXp Realty, LLC

  524 N Bradley Ave, Indianapolis, IN 46201
• 

  

  /22

  $100,000

  $30K PRICE DROP

  • 2 Beds
  • 1 Bath
  • 1,166 Sq Ft

  3305 S Lyons Ave, Indianapolis, IN 46221

  Charming 2-bedroom home with potential for a 3rd bedroom, located on a quiet street in desirable Decatur Township. This property offers a great opportunity for investors or buyers looking to add their personal touch. While it does need updates, the home has solid bones and plenty of upside potential. Spacious layout, functional floor plan, and room to expand make this a smart value-add

  

  Brian Hopson

  F.C. Tucker Company

  3305 S Lyons Ave, Indianapolis, IN 46221
• 

  

  /6

  $60,000

  $15K PRICE DROP

  • Land
  • 7,405 Sq Ft
  • $352,941 per Acre

  2225 E Brookside Ave, Indianapolis, IN 46218

  Discover a fantastic opportunity with this great land lot, situated in an emerging neighborhood that is rapidly gaining popularity. With great potential for new construction, this property is perfectly positioned just blocks away from the vibrant Kan-Kan Cinema and an array of delightful restaurants. The lot is conveniently located near Spades Park and Pogues Run, offering residents ample green

  

  Brian Hopson

  F.C. Tucker Company

  2225 E Brookside Ave, Indianapolis, IN 46218
• 

  

  /28

  $175,000

  • 2 Beds
  • 1 Bath
  • 1,064 Sq Ft

  1205 Wade St, Indianapolis, IN 46203

  Welcome home to this beautifully updated Garfield Park gem, where classic charm meets modern convenience. From the moment you step inside, you'll appreciate the stunning hardwood floors, fresh paint, soaring ceilings, and stylish ceiling fans that create a bright and inviting atmosphere throughout. The updated kitchen is a standout feature, offering crisp white cabinetry, elegant granite

  

  Lindsay Adams

  Pillario Property Management LLC

  1205 Wade St, Indianapolis, IN 46203
• 

  

  /8

  $60,000

  • Land
  • 1.05 Acres
  • $57,143 per Acre

  1467 W 58th St, Indianapolis, IN 46228

  Seller does not know soil type or if utilities are connected. Buyer to verify all MLS information.

  

  Felicia Banks

  F.C. Tucker Company

  1467 W 58th St, Indianapolis, IN 46228
• 

  /2

  $49,000

  • Land
  • 6,098 Sq Ft
  • $350,000 per Acre

  1340 W 25th St, Indianapolis, IN 46208

  Great opportunity to own a residential lot in an area of ongoing redevelopment on the near northwest side of Indy. This lot offers potential for a new build or investment property with several renovated and newly updated homes nearby. Convenient access to downtown, I-65, schools, parks, and local amenities. Whether you're a builder, investor, or future homeowner, this property is located in an

  

  Danielle Johnson

  Snyder Strategy Realty, Inc

  1340 W 25th St, Indianapolis, IN 46208
• 

  

  /6

  $39,000

  $14K PRICE INCREASE

  • Land
  • 5,227 Sq Ft
  • $325,000 per Acre

  1746 N Rochester Ave, Indianapolis, IN 46222

  Build your dream home or next investment property on this ready-to-go lot in Wayne Township, Indianapolis! Previously home to a residence that has since been removed, this property offers a major advantage with existing utility access already in place-saving you time and development costs. The lot features convenient street access and is surrounded by mature trees, providing natural beauty and

  

  Lindsay Adams

  Four Points Realty LLC

  1746 N Rochester Ave, Indianapolis, IN 46222
• 

  

  /19

  $165,000

  • 4 Beds
  • 1 Bath
  • 1,128 Sq Ft

  2016 Glenridge Dr, Indianapolis, IN 46218

  This 4-bedroom bungalow in the Wrighthurst subdivision offers a functional two-story layout with a classic aesthetic. The main level features hardwood flooring throughout the living room, formal dining room, and primary bedrooms, while the kitchen is equipped with a tiled backsplash and cabinetry. With a split-bedroom design, the home provides two bedrooms on the main floor and two additional

  

  Fred Krawczyk

  Envoy Real Estate, LLC

  2016 Glenridge Dr, Indianapolis, IN 46218
• 

  

  /6

  $65,000

  $5K PRICE INCREASE

  • Land
  • 8,276 Sq Ft
  • $342,105 per Acre

  2310 Coyner Ave, Indianapolis, IN 46218

  Don't miss this excellent investment or building opportunity in the booming Windsor Park pockets of the Near East Side! This spacious vacant lot is situated in a neighborhood defined by its rich history and fresh modern energy. You will love the close proximity to downtown Indy, local breweries, parks, Circle Center Complex, Bottleworks, Kan Kan, Amelia's bakery and easy highway access. A perfect

  

  Nick McNeely

  F.C. Tucker Company

  2310 Coyner Ave, Indianapolis, IN 46218
• 

  

  /5

  $100,000

  • Land
  • 5,662 Sq Ft
  • $769,231 per Acre

  2454 Guilford Ave, Indianapolis, IN 46205

  An absolute gem of a lot located just north of historic Fall Creek Place! This premium vacant parcel offers a phenomenal opportunity to build in one of Indy's most established and sought-after urban corridors. Enjoy being steps away from the beautiful Fall Creek Parkway trail system, popular local eateries, and a quick straight-shot drive right into downtown or up to Broad Ripple or catch the

  

  Nick McNeely

  F.C. Tucker Company

  2454 Guilford Ave, Indianapolis, IN 46205
• 

  /2

  $22,500

  $3K PRICE DROP

  • Land
  • 7,405 Sq Ft
  • $132,353 per Acre

  6348 Johnwes Rd, Indianapolis, IN 46241

  All due diligence(including survey, utility connection information etc.) are the sole responsibility of the buyer.

  

  Michelle West

  eXp Realty, LLC

  6348 Johnwes Rd, Indianapolis, IN 46241
• 

  

  /22

  $175,000

  $15K PRICE DROP

  • 2 Beds
  • 1 Bath
  • 938 Sq Ft

  1402 N Grant Ave, Indianapolis, IN 46201

  Feast your eyes on this beautifully updated single-family residence, perfectly blending 1930s charm with modern convenience. From the moment you step inside, you'll feel right at home in this inviting space that's just waiting for new memories to be made. Original hardwood floors and classic arched openings add warmth and character, while the heart of the home-the fully renovated kitchen-steals

  

  Jess Martin

  Maywright Property Co.

  1402 N Grant Ave, Indianapolis, IN 46201
• 

  

  /25

  $189,900

  $35K PRICE DROP

  • 4 Beds
  • 2 Baths
  • 1,920 Sq Ft

  2007 Southeastern Ave, Indianapolis, IN 46201

  Enjoy vibrant city living or capitalize on a prime investment opportunity with this beautifully renovated 4-bedroom, 2-bath home. Located just a short walk from Fountain Square with easy access to downtown Indianapolis, this property offers the perfect blend of convenience and modern comfort. Updates include electrical and plumbing systems, along with new flooring, drywall, insulation, and

  

  Lora Reynolds

  Epique Inc

  2007 Southeastern Ave, Indianapolis, IN 46201
• 

  

  /42

  $129,900

  $5K PRICE DROP

  • 3 Beds
  • 1 Bath
  • 846 Sq Ft

  3055 Harlan St, Indianapolis, IN 46237

  Check out this perfect investment opportunity located at 3055 Harlan ST, INDIANAPOLIS, IN. This charming single-family residence, built in 1935 and offering 846 square feet of living space, presents a truly inviting home experience, ready for immediate enjoyment. The heart of this home is a thoughtfully designed kitchen, featuring elegant stone counters that provide both beauty and functionality

  

  Rick Daves

  BluPrint Real Estate Group

  3055 Harlan St, Indianapolis, IN 46237
• 

  

  /3

  $45,000

  • Land
  • 5,662 Sq Ft
  • $346,154 per Acre

  1127 Churchman Ave, Indianapolis, IN 46203

  Established community and ready to build your dream home! Owner bought last year thinking he was going to build and resell as new build, but his plans changed that did not have anything to do with the lot. He actually was able to receive the building permits.

  

  Janet Giles

  Your Realty Link, LLC

  1127 Churchman Ave, Indianapolis, IN 46203
• 

  

  /28

  $180,000

  $25K PRICE DROP

  • 3 Beds
  • 1 Bath
  • 1,036 Sq Ft

  2205 Pleasant St, Indianapolis, IN 46203

  Want to be close to Fountain Square and downtown Indianapolis while still finding something affordable with built-in equity? You've found it. Just minutes from all things Indy and surrounded by new home development, this home offers both convenience and opportunity. As you arrive, you're welcomed by a charming covered porch-perfect for greeting guests or enjoying a quiet morning coffee. Inside,

  

  Austin Coon

  @properties

  2205 Pleasant St, Indianapolis, IN 46203
• 

  

  /6

  $65,000

  $5K PRICE INCREASE

  • Land
  • 5,662 Sq Ft
  • $500,000 per Acre

  1520 Samoa St, Indianapolis, IN 46201

  Great opportunity to build in the rapidly growing Near East Side! Situated in the vibrant Windsor Park area, this vacant lot is surrounded by exciting neighborhood revitalization, new construction, and beautifully restored homes. Enjoy the ultimate urban lifestyle with quick access to the Monon Trail, the Bottleworks District, and local favorites like Tick Tock Lounge and Kan-Kan Cinema. Perfect

  

  Nick McNeely

  F.C. Tucker Company

  1520 Samoa St, Indianapolis, IN 46201
• 

  

  /12

  $139,900

  $15K PRICE DROP

  • 3 Beds
  • 1 Bath
  • 1,688 Sq Ft

  34 N Addison St, Indianapolis, IN 46222

  This charming home recently has had new paint and flooring with a spacious living room, dining room, and kitchen. One bedroom on the main floor with a bonus room to make a 4th bedroom. Two additional bedrooms upstairs. Large detached two car garage in an up and coming area just a few minutes away from downtown and right next to the new Central State Complex. There are a lot of renovations and

  

  Lisa Meulbroek

  Liberty Real Estate, LLC.

  34 N Addison St, Indianapolis, IN 46222
• 

  

  /19

  $149,900

  $10K PRICE DROP

  • 3 Beds
  • 1.5 Baths
  • 1,125 Sq Ft

  611 Knox St, Indianapolis, IN 46227

  

  Darrin Galyean

  My Agent

  611 Knox St, Indianapolis, IN 46227
• 

  

  /37

  $149,900

  • 2 Beds
  • 2 Baths
  • 993 Sq Ft

  4341 Village Parkway Cir W Unit 7, Indianapolis, IN 46254

  Imagine starting your morning with a walk through one of Indiana's largest urban parks, then coming home to your own amenity rich community - all without sacrificing a single convenience of city living. That's exactly what awaits you at 4341 Village Pkwy Cir W, Unit 7. Situated in the heart of the Eagle Creek corridor (the Park and Reservoir), this 2-bedroom, 2-bath condo puts 3,900+ acres of

  

  Robert Lappin

  Circle 8, LLC

  4341 Village Parkway Cir W Unit 7, Indianapolis, IN 46254
• 

  

  /4

  $50,000

  $10K PRICE DROP

  • Land
  • 4,356 Sq Ft
  • $500,000 per Acre

  2646 E Brookside Ave, Indianapolis, IN 46218

  Discover a fantastic opportunity with this spacious land lot, situated in an emerging neighborhood that is rapidly gaining popularity. With great potential for new construction, this property is perfectly positioned just blocks away from the vibrant Kan-Kan Cinema and an array of delightful restaurants. The lot is conveniently located near Spades Park and Pogues Run, offering residents ample

  

  Brian Hopson

  F.C. Tucker Company

  2646 E Brookside Ave, Indianapolis, IN 46218
• 

  

  /28

  $150,000

  $45K PRICE DROP

  • 3 Beds
  • 2 Baths
  • 992 Sq Ft

  3426 N Olney St, Indianapolis, IN 46218

  Thoughtfully renovated & move-in ready, this inviting bungalow offers just under 1000 square feet of efficient, comfortable living space with meaningful updates throughout. Featuring three bedrooms & a light-filled, open-concept kitchen/dining area, the layout maximizes functionality while maintaining a warm, welcoming feel. The standout feature is the newly added primary ensuite (November 2025),

  

  Jerry Gemmecke

  F.C. Tucker Company

  3426 N Olney St, Indianapolis, IN 46218
• 

  

  /5

  $60,000

  • Land
  • 11,761 Sq Ft
  • $222,222 per Acre

  211-213 S Girls School Rd, Indianapolis, IN 46241

  Build your dream home on this spacious double lot in a prime location near Avon, Indiana! This cleared and level property offers the perfect canvas for your custom build, with plenty of room for a home, outdoor living space, or additional structures. Enjoy the convenience of utilities nearby, making development easier and more affordable. The property features a partial fence and provides extra

  

  Brian Hopson

  F.C. Tucker Company

  211-213 S Girls School Rd, Indianapolis, IN 46241
• 

  

  /19

  $159,500

  $16K PRICE DROP

  • 3 Beds
  • 1 Bath
  • 1,200 Sq Ft

  2702 S Randolph St, Indianapolis, IN 46203

  Welcome to 2702 S Randolph Street in Indianapolis! The living room presents a delightful space for relaxation, featuring a cozy fireplace that promises warmth and comfort, complemented by an elegant beamed ceiling that adds character to the area. The kitchen, a central gathering point, showcases beautiful shaker cabinets, offering both timeless style and practical storage solutions. Beyond the

  

  Lora Reynolds

  Epique Inc

  2702 S Randolph St, Indianapolis, IN 46203
• 

  

  /8

  $65,000

  • 4 Beds
  • 2 Baths

  437 N Gray St, Indianapolis, IN 46201

  

  Latasha Lee

  F.C. Tucker Company

  437 N Gray St, Indianapolis, IN 46201
• 

  

  /56

  $172,000

  $22K PRICE INCREASE

  • 3 Beds
  • 1 Bath
  • 1,456 Sq Ft

  4231 Standish Dr, Indianapolis, IN 46221

  NEW ROOF, Paint, Deck Repairs, Pressure Wash, & Cleaning!! Investor special with endless potential! This 3-bedroom, 1 bath home offers 1,456 square feet of living space and is ready for your vision. Whether you're looking to renovate and flip or create your own personalized space, this property is full of opportunity. Enjoy a peaceful setting with mature trees and open field views beyond the

  

  Lezley Wass

  Capstone Realty Group, Inc

  4231 Standish Dr, Indianapolis, IN 46221
• 

  

  /8

  $170,000

  • Land
  • 10,454 Sq Ft
  • $708,333 per Acre

  1607 Milburn St, Indianapolis, IN 46202

  Commercial lot close to downtown, shopping, entertainment, restaurants and more!

  

  Catherine James

  @properties

  1607 Milburn St, Indianapolis, IN 46202
• 

  

  /24

  $184,000

  $1K PRICE DROP

  • 4 Beds
  • 2 Baths
  • 1,536 Sq Ft

  254 N Holmes Ave, Indianapolis, IN 46222

  Remodeled 4 bedroom, 2 bathroom home in West Park with over 1,500 square feet of finished living space. Built in 1904, this home blends original character with a thoughtfully updated interior that feels clean and refreshed. The main level is open and functional with new engineered hardwood flooring, fresh paint, and a spacious living room centered around the original fireplace with a new electric

  

  Lora Reynolds

  Epique Inc

  254 N Holmes Ave, Indianapolis, IN 46222
• 

  

  /10

  $90,000

  $5K PRICE DROP

  • 4 Beds
  • 2 Baths
  • 2,156 Sq Ft

  5320 E Burgess Ave, Indianapolis, IN 46219

  Located near the charming and sought-after Historic Irvington district in Indianapolis, this 4-bedroom, 2-bathroom property is a prime opportunity for investors. With no historic preservation restrictions, you have the freedom to design and customize the space to match your vision. Fully gutted and ready for renovation, this home is a blank canvas-perfect for your next flip or value-add project.

  

  Lindsay Adams

  Four Points Realty LLC

  5320 E Burgess Ave, Indianapolis, IN 46219
• 

  

  /21

  $105,000

  • 3 Beds
  • 1 Bath
  • 912 Sq Ft

  3125 N Gladstone Ave, Indianapolis, IN 46218

  Nice 3 bedroom, 1 bathroom house with immediate availability! The home is total electric and all kitchen appliances are included. This property could be perfect for investors or a someone looking for affordable housing.

  

  Nathan Baurley

  T&H Realty Services, Inc.

  3125 N Gladstone Ave, Indianapolis, IN 46218
• 

  

  /36

  $179,999

  $10K PRICE DROP

  • 1 Bed
  • 1 Bath
  • 840 Sq Ft

  1734 N Pennsylvania St Unit 1, Indianapolis, IN 46202

  Welcome to one of the most desirable streets in Herron-Morton, right in the heart of Indianapolis. As your guests arrive, they're greeted by a private entrance framed by a charming arched entry that sets the tone from the start. Step inside and you'll find two spacious storage closets to your right and, to your left, a comfortable porch perfect for enjoying the warm summer days just around the

  

  Austin Coon

  @properties

  1734 N Pennsylvania St Unit 1, Indianapolis, IN 46202

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