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

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  /6

  $20,000

  • Land
  • 0.12 Acre
  • $166,667 per Acre

  2878 Emerald St, Indianapolis, IN 46268

  Opportunity is calling in the up and coming Augusta Heights neighborhood-are you ready to answer? This 0.12-acre lot with no HOA offers the rare chance to design and build your dream home from the ground up in one of Indianapolis's most convenient locations. With no existing build from the current developer, the canvas is completely yours. Perfectly positioned just minutes from Crooked Creek

  Ido Shuqrun Keller Williams Indy Metro S

  2878 Emerald St, Indianapolis, IN 46268
• 

  

  

  /34

  $89,900

  • 3 Beds
  • 1 Bath
  • 1,237 Sq Ft

  1450 W 33rd St, Indianapolis, IN 46208

  This charming ranch offers a great blend of comfort and potential in the Near Northwest neighborhood. With its inviting layout and practical design, this home is ready for your personal touch. Whether you're a first-time buyer or looking for an investment opportunity, this property is full of possibilities. Built in 1930, this vinyl-sided home features 3 bedrooms, 1 full bath, and 1,088 square

  Terry Young Red Bridge Real Estate

  1450 W 33rd St, Indianapolis, IN 46208
• 

  

  /2

  $25,000

  • Land
  • 0.14 Acre
  • $178,571 per Acre

  3519 E Morris St, Indianapolis, IN 46203

  Incredible opportunity to purchase a vacant, buildable lot in Prospect Heights neighborhood. Newly built home on adjacent lot. Newer built homes nearby. Rising values and strong demand. Must see!

  Arika Bell Belaire Realty Group LLC

  3519 E Morris St, Indianapolis, IN 46203
• 

  

  

  /7

  $179,900

  • 3 Beds
  • 2 Baths
  • 1,418 Sq Ft

  6909 Grampian Way, Indianapolis, IN 46254

  Fixer-upper opportunity! Come view this 3-bedroom, 2-bath ranch home near Eagle Creek featuring a 2-car attached garage. The living room offers cathedral ceilings and a fireplace, creating great potential for a standout space. Situated on a large, fenced corner lot. Property is being sold AS-IS.

  Jennifer Mattos Garnet Group

  6909 Grampian Way, Indianapolis, IN 46254
• 

  

  

  /4

  $80,000

  • Land
  • 0.09 Acre
  • $888,889 per Acre

  2070 Columbia Ave, Indianapolis, IN 46202

  Vacant land in a vibrant area near Bottleworks and The Monon, close to downtown. Walk to parks, restaurants, coffee shops, and more! Surrounded by new construction in an area experiencing rapid growth, this residential vacant lot is part of a 4-parcel package. Opportunities are endless- picture multifamily developments or even single-family residences- all in an area desirable to many. Large

  Kristina Musielak @properties

  2070 Columbia Ave, Indianapolis, IN 46202
• 

  /2

  $45,000

  • Land
  • 0.09 Acre
  • $500,000 per Acre

  2009 Hillside Ave, Indianapolis, IN 46218

  35 x 117 lot for sale.

  Leslie McNeeley @properties

  2009 Hillside Ave, Indianapolis, IN 46218
• 

  

  /11

  $149,500

  • 3 Beds
  • 1.5 Baths
  • 936 Sq Ft

  4939 N Kitley Ave, Indianapolis, IN 46226

  Welcome Home to 4939 N Kitley Ave! Perfect for first-time homebuyers, this beautifully maintained 3-bedroom, 2-bath home offers comfort, style, and convenience all in one. Step inside to a bright and open living space filled with natural light, ideal for relaxing or entertaining guests. The updated kitchen features plenty of cabinet space and overlooks the spacious backyard - perfect for summer

  Woodrow Cuevas RE/MAX Advanced Realty

  4939 N Kitley Ave, Indianapolis, IN 46226
• 

  

  /10

  $105,000

  • 2 Beds
  • 1 Bath
  • 828 Sq Ft

  2627 Shriver Ave, Indianapolis, IN 46208

  Solid investment opportunity on the near north side of Indianapolis. This 2-bedroom, 1-bath bungalow was renovated in April 2023 and is currently leased through February 2026 to a tenant in the IHA/VA Section 8 program at $895/month. With no HOA and consistent rental income already in place, it's a great option for investors seeking steady cash flow. The home offers a functional layout and

  Eric Forney Keller Williams Indy Metro S

  2627 Shriver Ave, Indianapolis, IN 46208
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  /46

  $110,000

  • 3 Beds
  • 1.5 Baths
  • 1,039 Sq Ft

  5341 E 21st St, Indianapolis, IN 46218

  This charming fixer-upper nestled in the desirable Ritter Park neighborhood of Indianapolis offers an incredible opportunity for those looking to create their dream home or expand their investment portfolio. This residence features three spacious bedrooms and one and a half bathrooms, encompassing 1,759 square feet of potential. The residence includes a welcoming living room and a versatile bonus

  Jennifer Marlow Trueblood Real Estate

  5341 E 21st St, Indianapolis, IN 46218
• 

  /2

  $25,000

  • Land
  • 0.12 Acre
  • $208,333 per Acre

  3118 N Euclid Ave, Indianapolis, IN 46218

  39X134 lot for sale.

  Leslie McNeeley @properties

  3118 N Euclid Ave, Indianapolis, IN 46218
• 

  

  /37

  $185,000

  • 4 Beds
  • 2 Baths
  • 1,435 Sq Ft

  1905 N Dequincy St, Indianapolis, IN 46218

  Welcome to 1905 Dequincy Street - a spacious, newly painted ranch tucked just north of Little Flower and set off Emerson Ave on a quiet block. At the end of the street, you'll love having Dequincy Park with its jungle gym and swings - a perfect bonus for families. Inside, this 4-bedroom home lives larger than expected. The open-concept layout features a generous living room and modern laminate

  Laura Waters Highgarden Real Estate

  1905 N Dequincy St, Indianapolis, IN 46218
• 

  

  /22

  $186,000

  • 3 Beds
  • 1.5 Baths
  • 1,980 Sq Ft

  667 E Edgewood Ave, Indianapolis, IN 46227

  3-Bedroom, 1.5-Bath Home with 2-Car Garage and Expansive Yard Space This spacious home offers a 2-car garage and generous front and back yards-perfect for outdoor enjoyment or future landscaping plans. Inside, the kitchen features abundant cabinet space, and the lower level boasts a large living area ideal for entertaining or relaxing. While the home needs TLC, it presents an excellent

  Robert Salmons Entera Realty

  667 E Edgewood Ave, Indianapolis, IN 46227
• 

  

  /45

  $160,000

  • 5 Beds
  • 3 Baths
  • 2,008 Sq Ft

  1902 S Delaware St, Indianapolis, IN 46225

  Step into this spacious home, where character and comfort blend seamlessly. Featuring a true master bedroom with its own full bath, this layout offers both privacy and convenience. With multiple bedrooms and baths spread across two levels, there's plenty of space to fit your needs, whether for family, guests, or a home office. The main level offers a generous living room, large kitchen, and

  Terry Young Red Bridge Real Estate

  1902 S Delaware St, Indianapolis, IN 46225
• 

  

  /7

  $70,000

  • 2 Beds
  • 1 Bath
  • 696 Sq Ft

  3719 Kinnear Ave, Indianapolis, IN 46218

  Rental property for sale! Tenant pays $820 per month and lease expires 3/30/26 and is then month to month after. Showings with an accepted offer. Buyer will then have a negotiated due diligence period to view property once offer has been accepted - investors only - no regular inspections - you can bring contractors through during your due diligence period. This is a working rental.

  Joe Everhart Everhart Studio, Ltd.

  3719 Kinnear Ave, Indianapolis, IN 46218
• 

  

  /3

  $37,000

  • Land
  • 0.13 Acre
  • $284,615 per Acre

  1827 Calvin St, Indianapolis, IN 46203

  This prime lot comes fully equipped with essential utilities, including potable water access, sewage connections, and electricity on site. The availability of these services makes it ideal for immediate development, whether for residential, commercial, or mixed-use purposes. Water: Reliable, city-connected water supply, ensuring continuous access for everyday needs or irrigation. Sewage: Direct

  Karen Hogan Carpenter, REALTORS®

  1827 Calvin St, Indianapolis, IN 46203
• 

  

  /30

  $188,000

  • 3 Beds
  • 2 Baths
  • 1,201 Sq Ft

  1625 E Thompson Rd, Indianapolis, IN 46227

  Nicely updated 3 bedrooms and two full bathrooms home in Southside of Indianapolis. Tons of updates have been done to this bungalow home. New paint exterior and interior, new windows, bathtubs, countertops, refrigerator, dishwasher, garbage disposal, water heater and floor (high-performant laminated wood). Laundry moved to main level. Carport installed as well. The home is conveniently located

  Ri Khuma Highgarden Real Estate

  1625 E Thompson Rd, Indianapolis, IN 46227
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  /13

  $107,900

  • 2 Beds
  • 1 Bath
  • 814 Sq Ft

  360 Laclede St, Indianapolis, IN 46241

  Recently updated with new interior paint and kitchen flooring. Large living room area which opens to the dining room. You will enjoy summer evenings on the covered front porch. Detached garage with an extra space for storage. Convenient west side location.

  Marty Matlock Matlock Realty Group

  360 Laclede St, Indianapolis, IN 46241
• 

  

  /39

  $160,000

  • 3 Beds
  • 2 Baths
  • 1,230 Sq Ft

  1449 W 29th St, Indianapolis, IN 46208

  Welcome home to this charming 3-bedroom, 2-bath ranch offering over 1,200 square feet of comfortable living space. Recent updates include refreshed bathrooms, newer carpeting, and fresh paint throughout, creating a clean, move-in-ready feel. The functional single-level layout is perfect for easy living, while the spacious bedrooms provide plenty of room to relax. Downstairs, the large unfinished

  Justin Wade BLK Key Realty

  1449 W 29th St, Indianapolis, IN 46208
• 

  

  /3

  $10,500

  • Land
  • 0.24 Acre
  • $43,750 per Acre

  3737 N Butler Ave, Indianapolis, IN 46218

  Lot for sale at 38th and Butler. Lot was purchased through Intend Land Bank and project agreement is in place. Requires board approval for transfer. Project must be completed within 2 years. Current plans are for 3 bed 2 bath, 1025 sq ft home.

  David Mann Resolute Realty

  3737 N Butler Ave, Indianapolis, IN 46218
• 

  

  /3

  $140,000

  • 4 Beds
  • 1 Bath
  • 1,467 Sq Ft

  9925 Catalina Dr, Indianapolis, IN 46235

  Beau Matlock Matlock Realty Group

  9925 Catalina Dr, Indianapolis, IN 46235
• 

  

  /15

  $65,000

  • Land
  • 0.15 Acre
  • $433,333 per Acre

  5260 Clarendon Rd, Indianapolis, IN 46208

  Nestled in the heart of Rocky Ripple, this 140 x 40 buildable lot offers a rare opportunity to bring your dream home to life in one of Indianapolis's most unique and sought-after neighborhoods. Surrounded by mature trees and community charm, the property is ideally situated just steps from the Central Canal Trail, with Butler University just one mile away. With minimal effort the lots can be

  Max Moore @properties

  5260 Clarendon Rd, Indianapolis, IN 46208
• 

  

  /4

  $115,900

  • 2 Beds
  • 1 Bath
  • 780 Sq Ft

  1637 Hoefgen St, Indianapolis, IN 46203

  Great investor opportunity!!! This 2 bedroom bungalow was a total remodel about 12 years ago complete with new windows, siding, and roof. 2 bedrooms, 1 bath with a nice kitchen and laundry room. Rear deck off the back. fenced front yard and most of back yard is fenced. HVAC was replaced 10 years ago. Please allow 24 hours to show. Storage shed excluded form sale. Belongs to renters. Tenant

  Shawn Goolsby Olympus Realty Group

  1637 Hoefgen St, Indianapolis, IN 46203
• 

  

  /32

  $117,000

  • 3 Beds
  • 2 Baths
  • 1,058 Sq Ft

  8365 Paso Del Norte Ct, Indianapolis, IN 46227

  Ground-level condo with new carpet, fresh paint, newer fridge, and HVAC (2021). HOA covers roof, water, sewer, and snow removal for worry-free living. Enjoy washer/dryer room, scenic views, and unbeatable location near Greenwood Park Mall, restaurants, and shopping.

  Johnny Kap Keller Williams Indy Metro S

  8365 Paso Del Norte Ct, Indianapolis, IN 46227
• 

  

  /3

  $35,000

  • Land
  • 0.06 Acre
  • $583,333 per Acre

  972 W 25th St, Indianapolis, IN 46208

  20 x 125 lot for sale. See agent remarks for more information.

  Leslie McNeeley @properties

  972 W 25th St, Indianapolis, IN 46208
• 

  

  /15

  $74,900

  • 3 Beds
  • 1.5 Baths
  • 1,032 Sq Ft

  1343 W 33rd St, Indianapolis, IN 46208

  **INVESTORS** Continue to build your portfolio with this single family rental in Armstrong Park in gentrifying NW Riverside. This property was recently leased at $1050/mo. Property is 3 beds, 1.5 baths. Bathrooms have new flooring, vanities, and toilets. Home is in need of cosmetic updates throughout the interior and exterior. They are reflected in the price.

  Brian Pachciarz Estansion Group by BLP

  1343 W 33rd St, Indianapolis, IN 46208
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  /14

  $190,000

  • 3 Beds
  • 3 Baths
  • 1,440 Sq Ft

  Unlisted Address

  Nicely updated single family home with 3 bedrooms and 3 baths. Primary bath has a ceramic wall walk in shower. 1 bedroom, bath and Family room are separate from other bedrooms to give privacy if needed for someone or with a little work, change it into a separate unit to generate some income. Nice size backyard to entertain or relax.

  Brian Diss Wall and Associates

  Unlisted Address
• 

  

  /7

  $20,000

  • Land
  • 0.12 Acre
  • $166,667 per Acre

  3121 Sapphire Blvd, Indianapolis, IN 46268

  This 0.12 acre lot with no HOA offers the rare chance to design and build your dream home from the ground up in one of Indianapolis's most convenient locations. With no existing build from the current developer, the canvas is completely yours. Perfectly positioned just minutes from Crooked Creek Shopping Center, WISH Park, and Ascension St. Vincent Hospital, you'll have everyday conveniences and

  Ido Shuqrun Keller Williams Indy Metro S

  3121 Sapphire Blvd, Indianapolis, IN 46268
• 

  

  /9

  $160,000

  • 1 Bed
  • 1 Bath

  3046-3052 English, Indianapolis, IN 46201

  Duplex on near East side of Indianapolis. 1 bedroom and 1 full bath on each unit with Kitchen, dining room and great room. Unit 3052 has new paint and flooring throughout and is ready for a tenant. The other unit is rented out until September of 2026. Both units have basements with washer and dryer attachments.

  Pat Ploughe Keller Williams Indy Metro S

  3046-3052 English, Indianapolis, IN 46201
• 

  /2

  $110,000

  • Land
  • 0.08 Acre
  • $1,375,000 per Acre

  1601 E Ohio St, Indianapolis, IN 46201

  Great lot for availability to build your dream home near the downtown area.

  Jeffrey Augustinovicz F.C. Tucker Company

  1601 E Ohio St, Indianapolis, IN 46201
• 

  /2

  $55,000

  • Land
  • 0.08 Acre
  • $687,500 per Acre

  139 Hoefgen St, Indianapolis, IN 46225

  Dream-House Ready!! Bring your imagination, builder and hopes to this amazing building lot. Close to downtown Indy, schools and parks, this one is ready to help you move your plans forward.

  Patsy Coffey Keller Williams Indy Metro S

  139 Hoefgen St, Indianapolis, IN 46225
• 

  /2

  $46,101

  • Land
  • 0.1 Acre
  • $461,010 per Acre

  3115 E Michigan St, Indianapolis, IN 46201

  Build your dream home in a great area

  Fadi Aboudi F.C. Tucker Company

  3115 E Michigan St, Indianapolis, IN 46201
• 

  

  /26

  $175,000

  • 4 Beds
  • 1.5 Baths
  • 1,752 Sq Ft

  758 Wallace Ave, Indianapolis, IN 46201

  This 4-bedroom, 2-bath home offers over 2200 feet of comfortable living space and brings in $1025 per month in rental income. The layout is spacious and functional, appealing to long-term tenants. Situated on the eat side of Indianapolis, it's close to school, parks, and major roads. A dependable investment with consistent cashflow.

  Thomas Colvin eXp Realty, LLC

  758 Wallace Ave, Indianapolis, IN 46201
• 

  /2

  $49,000

  • Land
  • 0.12 Acre
  • $408,333 per Acre

  1417 S Meridian St, Indianapolis, IN 46225

  Prime opportunity on S Meridian! This vacant lot offers rare residential buildability in a centrally located C-3 zone. Perfect for anyone looking to build near downtown with quick access to Fountain Square, Bates-Hendricks, UIndy, Lucas Oil, and major corridors. Whether you're an investor, builder, or future homeowner, this lot provides excellent flexibility with both residential and commercial

  Nicole Crouch Crossroads Realty, LLC

  1417 S Meridian St, Indianapolis, IN 46225
• 

  

  /4

  $134,999

  • Land
  • 3.13 Acres
  • $43,131 per Acre

  6700 #7 W Ralston Rd, Indianapolis, IN 46221

  This beautiful 3 +/- acre property is located in southwest Indianapolis, offering a prime location for your dream home. The property features a mix of open space and mature trees, providing a tranquil and scenic environment while still offering plenty of room to build. With its flat terrain and minimal clearing needed, this land is ready for development. Conveniently located near essential

  Kolton Williford Stamper Realty Group

  6700 #7 W Ralston Rd, Indianapolis, IN 46221
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  /44

  $145,000

  • 2 Beds
  • 2 Baths
  • 1,124 Sq Ft

  239 Legends Creek Way Unit 310, Indianapolis, IN 46229

  Condo in a great location, 2 Bedrooms and 2 Full Bathrooms. Open concept with large living room & dining room. All appliances in kitchen stay and plenty of cabinet/counter space. Primary bedroom with full bathroom and walk in closet. Nice size secondary bedroom with bathroom in hallway and this second bedroom could also be used as a den/office. Nice size laundry room in the unit super convenient.

  Myrian Wiggins Reid Properties LLC

  239 Legends Creek Way Unit 310, Indianapolis, IN 46229
• 

  /2

  $72,900

  • Land
  • 0.05 Acre
  • $1,458,000 per Acre

  531 E 20th St, Indianapolis, IN 46202

  Buildable lot waiting for construction! Great location, walking distance to restaurants, entertainment, and parks! Make offer!

  Karissa Grove The Grove Brokerage LLC

  531 E 20th St, Indianapolis, IN 46202
• 

  

  /16

  $148,000

  • 4 Beds
  • 3 Baths
  • 1,886 Sq Ft

  2806 N Denny St, Indianapolis, IN 46218

  Excellent investment opportunity with this home to make it yours however you wish. This amazing opportunity is sold AS-IS.

  Ben Grise List With Ben, LLC

  2806 N Denny St, Indianapolis, IN 46218
• 

  

  /15

  $169,900

  • 2 Beds
  • 1 Bath
  • 1,590 Sq Ft

  2514 Highland Place, Indianapolis, IN 46208

  Beautiful 1920 restoration, this Bungalow features two bedrooms, one bath, complete renovation. New Deck on rear, Roof, flooring, appliances, HVAC, electrical, and so much more. Enjoy the enclosed front porch all year round. Schedule your tour today. This home also comes with a peace of mind through the Home Choice Home Warranty provided in the sale of this beautiful, updated home.

  Andre Davis-Smith eXp Realty, LLC

  2514 Highland Place, Indianapolis, IN 46208
• 

  

  /42

  $184,000

  • 2 Beds
  • 1 Bath
  • 957 Sq Ft

  1435 W 28th St, Indianapolis, IN 46208

  Completely renovated Riverside home with amazing proximity to popular Amp 16 Tech, The White River tow path, and the refreshed Riverside Park. All new in 2022: new windows, new kitchen cabinets & countertops and all new kitchen appliances. Bathroom has been completely overhauled and most exciting-new A/C unit, new lighting fixtures, ceiling fans, new garage door, and refinished original hardwood

  Amy Spillman Compass Indiana, LLC

  1435 W 28th St, Indianapolis, IN 46208
• 

  

  /27

  $129,900

  • 3 Beds
  • 1.5 Baths
  • 1,092 Sq Ft

  322 S Walcott St, Indianapolis, IN 46201

  Located at 322 S Walcott ST, INDIANAPOLIS, IN, this single-family residence in Marion County presents a unique opportunity to own a piece of Indianapolis history, offering a canvas to create your ideal home. The residence includes three bedrooms and one full bathroom, providing ample space for comfortable living, while the additional half bathroom offers extra convenience. The 1092 square feet of

  Delia Webster F.C. Tucker Company

  322 S Walcott St, Indianapolis, IN 46201

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