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

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  • /16

    $149,900

    • 3 Beds
    • 1.5 Baths
    • 2,196 Sq Ft

    3710 N Layman Ave, Indianapolis, IN 46218

    Great investment opportunity with spacious living areas and excellent potential for updates or improvements. The basement offers additional potential to remodel and add value. Conveniently located near Fountain Square's popular restaurant and entertainment district. With just a few minor cosmetic updates, this property can be move-in ready, making it a great option for investors or

    Luis Coronel Realty of America LLC

    3710 N Layman Ave, Indianapolis, IN 46218
  • /4

    $125,000

    • 2 Beds
    • 2 Baths
    • 983 Sq Ft

    4291 Village Parkway Cir W Unit 11, Indianapolis, IN 46254

    Come see this 2 bedroom, 2 bath condominium with a open kitchen to the living room. Bedrooms are split for privacy. Large Entry Closet and you also have a laundry closet as you enter the unit. This unit has an assigned parking space. This unit is currently being rented, so could be for investment as well. Many amenities in the community. Pool, exercise room, hot tub, clubhouse and pickle ball

    Brian Diss Wall and Associates

    4291 Village Parkway Cir W Unit 11, Indianapolis, IN 46254
  • /5

    $69,000

    • Land
    • 0.13 Acre
    • $534,884 per Acre

    1734 Sheldon St, Indianapolis, IN 46218

    Hard to find lot in popular downtown Indianapolis location with many development opportunities surrounding. All due diligence (including survey, utility connection information, building codes, etc.) are the sole responsibility of the buyer.

    Nicole Crouch Crossroads Realty, LLC

    1734 Sheldon St, Indianapolis, IN 46218
  • /38

    $155,000

    • 3 Beds
    • 1.5 Baths
    • 1,262 Sq Ft

    3444 Hermosa Ct, Indianapolis, IN 46235

    AFFORDABLE one-level BRICK home, located on a cul-de-sac is full of possibilities. Lovingly lived in and cared for by the same family for more than 60 years, it's the kind of place where memories were made. Inside you will find a generous living room. The kitchen opens to a great room that can easily serve as a cozy living area or a formal dining space. A portable dishwasher ADDS convenience, and

    Ema Boykova M & E Realty Group

    3444 Hermosa Ct, Indianapolis, IN 46235
  • /28

    $158,500

    • 3 Beds
    • 1.5 Baths
    • 1,530 Sq Ft

    19 Parkview Ave, Indianapolis, IN 46201

    Seller is offering a contribution toward a 2-1 interest rate buydown (subject to lender approval). Contact your lender or agent for details. This beautifully renovated 3-bedroom, 1.5-bathroom townhome is move-in ready and just minutes from downtown Indianapolis. Nestled among other revitalized homes, this property boasts brand-new HVAC system, flooring, water heater, electrical, and plumbing. An

    Ashley Marino Berkshire Hathaway Home

    19 Parkview Ave, Indianapolis, IN 46201
  • /20

    $184,000 Open Sun 1PM - 3PM

    • 3 Beds
    • 2 Baths
    • 1,218 Sq Ft

    4607 N Hartman Dr, Indianapolis, IN 46226

    Welcome to effortless comfort and possibility in this flexible 3-bedroom, 2-bath ranch, offering two distinct living spaces ready to adapt to your lifestyle. Thoughtfully updated 3 years ago with HVAC, roof, and refreshed baths, this home balances move-in readiness with the rare opportunity to personalize your space: enjoy a $3,000 flooring allowance to create the look you love. The sun-filled

    Lisa Bishop CENTURY 21 Scheetz

    4607 N Hartman Dr, Indianapolis, IN 46226
  • /5

    $174,900

    • 2 Beds
    • 2 Baths

    224 N Tacoma Ave, Indianapolis, IN 46201

    Turnkey Duplex - Fully Leased, $1,850/Month Income! Fantastic investment opportunity in Indianapolis! This 1-bedroom, 1-bathroom per side duplex with a full basement is fully occupied and generating $1,850/month in rental income. Each unit is on a current lease, providing stability and cash flow from day one. Convenient Location: Close to downtown Indy, shopping, dining, and major highways. This

    Rolonda Lolla Austyn Avenue Real Estate

    224 N Tacoma Ave, Indianapolis, IN 46201
  • /30

    $142,900

    • 4 Beds
    • 2 Baths

    1445 W Lee St, Indianapolis, IN 46221

    Calling all investors! This fully occupied duplex offers great cash flow potential with two units, each featuring 2 bedrooms, 1 bath, and a detached 1-car garage. Tenants are already in place, providing immediate income from day one. Conveniently located near local amenities, shopping, dining, and major highways, this property is perfect for any investor looking to expand their portfolio. Don't

    Edwin Watson Triple E Realty, LLC

    1445 W Lee St, Indianapolis, IN 46221
  • /2

    $85,000

    • 4 Beds
    • 1 Bath
    • 1,980 Sq Ft

    954 N Pershing Ave, Indianapolis, IN 46222

    954 N Pershing Ave, Indianapolis, IN 46222 Solid investment opportunity on Indianapolis' west side! 954 N Pershing Ave is a great rental property that is currently tenant occupied, providing immediate income for the next owner. The lease is ending soon, giving buyers the flexibility to renew with the current tenant, place a new tenant at market rent, or reposition the property to maximize

    Samra Efendic AMR Real Estate LLC

    954 N Pershing Ave, Indianapolis, IN 46222
  • /15

    $85,000

    • 1 Bed
    • 1 Bath
    • 725 Sq Ft

    3135 N Temple Ave, Indianapolis, IN 46218

    Charming home in the heart of Indianapolis offering true peace of mind with a new roof, furnace, water heater, and exterior siding-providing years of worry-free living. Inside, you'll find brand-new cabinets, updated flooring, and a renovated bathroom. Situated on a nice lot with a large backyard - provides endless possibilities for outdoor activities, gardening or family gatherings. Conveniently

    Traci Bringle CENTURY 21 Scheetz

    3135 N Temple Ave, Indianapolis, IN 46218
  • /12

    $119,900

    • 3 Beds
    • 1 Bath
    • 924 Sq Ft

    1750 Olive St, Indianapolis, IN 46203

    **Investor special** This 3 bedroom, 1 bath home could be fixed up to be a nice addition to your rental portfolio. Strong area comps located just south of Bates Hendricks and Fountain Square and in close proximity to the Pleasant Run Trail. Property is a foreclosure but recently was tenanted. Seller does not own the lot next door. End buyers only, no wholesalers. Seller prefers all offers to be

    Brian Pachciarz Estansion Group by BLP

    1750 Olive St, Indianapolis, IN 46203
  • /21

    $125,000

    • 1 Bed
    • 1 Bath
    • 518 Sq Ft

    230 E 9th St Unit 109, Indianapolis, IN 46204

    Seth Patton Luxcity Realty

    230 E 9th St Unit 109, Indianapolis, IN 46204
  • /20

    $169,900

    • 3 Beds
    • 3 Baths
    • 900 Sq Ft

    1946 N Euclid Ave, Indianapolis, IN 46218

    Single family residence currently split into 2 potential cash flowing units (Unit A and B). This home will need some minor cosmetics to make turn-key but has the potential to have 3-4 rentable units. The home has a front unit made up of 1 bed and 1 bath. The rear unit is an efficiency. Construction has started in the basement for the potential of a 3rd unit. There is a bathroom already located in

    Brian Pachciarz Estansion Group by BLP

    1946 N Euclid Ave, Indianapolis, IN 46218
  • /4

    $95,000

    • Land
    • 0.2 Acre
    • $475,000 per Acre

    2002 E Washington St, Indianapolis, IN 46201

    Don't miss this rare chance to develop on the active and growing East Washington Street corridor! This 0.2-acre (8,568 sq ft) lot is fully prepped for your next project, offering MU-1 zoning and flat, level topography - ideal for mixed-use development. Whether you're envisioning a retail storefront, live-work space, multi-unit residential, or office property, this lot gives you the freedom and

    Charlene Gaard No Limit Real Estate, LLC

    2002 E Washington St, Indianapolis, IN 46201
  • /40

    $119,000

    • 2 Beds
    • 1 Bath
    • 864 Sq Ft

    1434 Winfield Ave, Indianapolis, IN 46222

    INVESTOR ALERT! Fantastic opportunity in the revitalizing west side of Indianapolis. This 2-bedroom, 1-bath home was taken down to the studs and extensively renovated approximately eight years ago, with major components already completed. The home features updated electrical and insulation, windows replaced about five years ago, newer siding installed two years ago, gas heating with central air

    Guadalupe Ortiz CENTURY 21 Scheetz

    1434 Winfield Ave, Indianapolis, IN 46222
  • /10

    $120,000

    • 2 Beds
    • 1.5 Baths
    • 1,008 Sq Ft

    948 Ketcham St, Indianapolis, IN 46222

    Salhma Lauro-Alvarado F.C. Tucker Company

    948 Ketcham St, Indianapolis, IN 46222
  • /3

    $20,000

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

    3044 Sapphire Blvd, 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

    3044 Sapphire Blvd, Indianapolis, IN 46268
  • /22

    $150,000

    • 2 Beds
    • 1.5 Baths
    • 1,044 Sq Ft

    3949 Fletcher Ave, Indianapolis, IN 46203

    Romantic Wanted to appreciate the nearly century of living that has given this 2 bedroom, 1.5 bath home it's unique charm and warmth. You will cherish the original hardwood floors, sun-lit formal living room, updated kitchen w/stainless appliances, white cabinetry and trendy dark counters, spacious bedrooms and FULL basement perfect for rainy days or hobbies. Plus, walk outside to your private

    Patsy Coffey Keller Williams Indy Metro S

    3949 Fletcher Ave, Indianapolis, IN 46203
  • /2

    $29,000

    • Land
    • 0.08 Acre
    • $362,500 per Acre

    918 Miley Ave, Indianapolis, IN 46222

    Great opportunity to build in a convenient Indianapolis location. This land offers a vacant lot on a quiet residential street with easy access to downtown, interstates, parks, and local amenities. A flexible space for a new home or future investment. Come bring your plans and make it your own.

    Nicole Crouch Crossroads Realty, LLC

    918 Miley Ave, Indianapolis, IN 46222
  • /2

    $50,000

    • Land
    • 0.13 Acre
    • $384,615 per Acre

    2507 Columbia Ave, Indianapolis, IN 46205

    Great opportunity minutes to downtown, Monon Trail, and the Near Northside/Martingdale- Brightwood corridor. Vacant lot with city utilities available nearby (buyer to verify). Bring your plans and builder to create a new project in a rapidly developing area.

    Christina Eslinger F.C. Tucker Company

    2507 Columbia Ave, Indianapolis, IN 46205
  • /4

    $35,000

    • Land
    • 0.12 Acre
    • $291,667 per Acre

    3139 W 79th St, Indianapolis, IN 46268

    This land package includes 2 parcels, 3139 W 79th St and 3132 W 78th St. Two 0.12-acre lot2 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,

    Ido Shuqrun Keller Williams Indy Metro S

    3139 W 79th St, Indianapolis, IN 46268
  • /4

    $134,999

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

    6700 #4 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 #4 W Ralston Rd, Indianapolis, IN 46221
  • /2

    $24,900

    • Land
    • 0.16 Acre
    • $155,625 per Acre

    2734 N Sherman Dr, Indianapolis, IN 46218

    City lot, close to a direct route in, or out, of town. Expand your portfolio and start enjoying it today. All utilities presumed to be on-site.

    Gary Boehle Titan Real Estate, LLC

    2734 N Sherman Dr, Indianapolis, IN 46218
  • /3

    $120,000

    • Land
    • 0.12 Acre
    • $1,000,000 per Acre

    3131 N College Ave, Indianapolis, IN 46205

    Build your own dream home close to downtown, Broad Ripple, Monon Trail, Fall Creek Trail.

    Awett Tedla F.C. Tucker Company

    3131 N College Ave, Indianapolis, IN 46205
  • /4

    $25,000

    • Land
    • 0.1 Acre
    • $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
  • /2

    $80,000

    • 3 Beds
    • 2 Baths
    • 1,244 Sq Ft

    2929 N Gale St, Indianapolis, IN 46218

    Investors Special! Located at 2929 N Gale ST, Indianapolis, IN, this single-family residence presents a remarkable opportunity for those with a vision. This property is a great option for investors and handy homeowners. Last rented at $1,300 Monthly With 1244 square feet of living area thoughtfully arranged across a single story, this residence provides a comfortable and functional layout. The

    Shauna Dixon eXp Realty, LLC

    2929 N Gale St, Indianapolis, IN 46218
  • /10

    $79,900

    • 3 Beds
    • 1 Bath
    • 1,808 Sq Ft

    2165 S Meridian St, Indianapolis, IN 46225

    Two lots and one home approximate total 70x115. 2175 S Meridian is vacant lot on northeast corner of Meridian and Raymond St. 2165 S Meridian is home on lot to north. Both lots are similar in size approximately 32X115 & 38X115. Tenant occupied. Fix me up inside and out. Approximately 1800 sq ft 1 1/2Story 1000 sq main 800sq up total sq ft approximately 1800. Zone Commercial C3. Credit Union will

    Steve Rossman ALL PRO, REALTORS LLC

    2165 S Meridian St, Indianapolis, IN 46225
  • /18

    $187,500

    • 2 Beds
    • 1.5 Baths
    • 1,347 Sq Ft

    8409 Chapel Pines Dr, Indianapolis, IN 46234

    Welcome to Chapel Pines! Located in the desirable Chapel Pines neighborhood, this condo offers mature trees, open green space, and a convenient location close to shopping, dining, and major highways. The HOA covers lawn care, snow removal, and water/sewer-providing a truly low-maintenance lifestyle. The spacious living room features a vaulted ceiling and a cozy fireplace as its centerpiece. Two

    Jodie Chandler Crossroads Real Estate Group LLC

    8409 Chapel Pines Dr, Indianapolis, IN 46234
  • /40

    $174,500

    • 3 Beds
    • 2 Baths
    • 1,569 Sq Ft

    6525 Emerald Hill Ct Unit 208, Indianapolis, IN 46237

    Discover comfort and convenience in this well-maintained Condominium located on floor 2, at 6525 Emerald Hill Ct #208, Indianapolis IN. Featuring 3 bedrooms and 2 bathrooms, large dining and front room areas, this inviting home boasts a spacious open layout with plenty of natural light. The kitchen comes equipped with new modern appliances and ample cabinetry. Relax on the private balcony or

    Steven Koleno Beycome Brokerage Realty LLC

    6525 Emerald Hill Ct Unit 208, Indianapolis, IN 46237
  • /3

    $148,000

    • 2 Beds
    • 2 Baths

    926 N Leland Ave, Indianapolis, IN 46219

    Investor-ready duplex available as a standalone purchase or together with the identical duplex next door. This property is fully occupied, producing $1,365/month in rent (Unit 926 at $725/month and Unit 928 at $640/month). Tenants pay all utilities, keeping operating expenses low. When purchased with the neighboring duplex, 3 out of 4 total units are currently leased, generating $2,090/month in

    Max Moore @properties

    926 N Leland Ave, Indianapolis, IN 46219
  • /7

    $145,900

    • 4 Beds
    • 1 Bath
    • 1,008 Sq Ft

    2305 E Legrande Ave, Indianapolis, IN 46203

    Chauncyia Coleman eXp Realty, LLC

    2305 E Legrande Ave, Indianapolis, IN 46203
  • /2

    $27,000

    • Land
    • 0.12 Acre
    • $225,000 per Acre

    2961 Opal St, Indianapolis, IN 46268

    Undeveloped residential lot for sale. Tucked away on quiet Opal street in Indianapolis is the lot you have been waiting for. Build your own dream home in this community by starting with the lot! Come see today and get started!

    Melody Owen Carpenter, REALTORS®

    2961 Opal St, Indianapolis, IN 46268
  • /2

    $60,000

    • Land
    • 0.09 Acre
    • $666,667 per Acre

    1722 Thaddeus St, Indianapolis, IN 46203

    Great opportunity to own a land of your own Near Fountain Square. Foundation has been laid out for you, the plot plan has been designed. One of the three lots (1722, 1729,1744 Thaddeus St.) , can be sold in a bundle or separately

    linlin Xu Dropped Members

    1722 Thaddeus St, Indianapolis, IN 46203
  • /3

    $35,000

    • Land
    • 0.09 Acre
    • $388,889 per Acre

    869 W 25th St, Indianapolis, IN 46208

    30 x 130 lot for sale. See agent remarks for more information.

    Mark Nottingham @properties

    869 W 25th St, Indianapolis, IN 46208
  • /26

    $125,000

    • 4 Beds
    • 2 Baths
    • 714 Sq Ft

    718 N Linwood Ave, Indianapolis, IN 46201

    Excellent opportunity for investors and rehabbers! This spacious 4-bedroom, 2 full bathroom property offers a strong layout and solid potential for a profitable fix-and-flip. The home features generously sized bedrooms, multiple living areas, and a functional floor plan ideal for modern updates. With the right renovations, this property can be transformed into a high-value resale or long-term

    Jessica Green CityPlace Realty

    718 N Linwood Ave, Indianapolis, IN 46201
  • /21

    $155,000

    • 2 Beds
    • 1 Bath
    • 1,077 Sq Ft

    737 N Sherman Dr, Indianapolis, IN 46201

    Great location close to schools, restaurants, and easy access to I-65! This beautifully updated 2-bedroom, 1 full bath ranch is move-in ready and just 15 minutes from Downtown Indianapolis. Built in 1925, this charming home has been fully renovated and features new vinyl plank flooring, fresh interior paint, updated lighting, windows, kitchen, and bathroom. The spacious open floor plan offers a

    Cynthia Sosa AMR Real Estate LLC

    737 N Sherman Dr, Indianapolis, IN 46201
  • /5

    $130,000

    • 3 Beds
    • 1 Bath
    • 1,044 Sq Ft

    2862 Foltz St, Indianapolis, IN 46241

    2862 Foltz St, Indianapolis, IN 46241 Great opportunity to acquire a rental-grade investment property with tenants in place in Indianapolis. This property offers immediate cash flow potential and a solid addition to any rental portfolio. Conveniently located near major highways, shopping, and employment centers, making it a desirable area for consistent rental demand. Property may be purchased

    Samra Efendic AMR Real Estate LLC

    2862 Foltz St, Indianapolis, IN 46241
  • /82

    $149,900

    • 3 Beds
    • 2 Baths
    • 1,380 Sq Ft

    1945 N Goodlet Ave, Indianapolis, IN 46222

    Welcome to this charming 3-bedroom home offering comfort, functionality, and room to grow. The main level features an inviting eat-in kitchen and a full bath, while the basement includes an additional bathroom and is ready to be finished to suit your needs-perfect for creating extra living space, a workshop, or a recreational area. Tall ceilings and mostly hardwood floors enhance the home's warm,

    Michelle Nolley Nolley Realty Services, LLC

    1945 N Goodlet Ave, Indianapolis, IN 46222
  • /10

    $174,900

    • 2 Beds
    • 1 Bath
    • 600 Sq Ft

    2232 W 58th St, Indianapolis, IN 46228

    Excellent investment opportunity on Indy's Westside! Last rent was $1,260/month. Property needs very little work to be rent ready. Close to parks or Interstate access. Home is a corner lot, and has well water and city sewer with a detached garage. Specific Parcel #8029811 as adjacent lots are not owned by this seller but have the same mailing address. Additional 10 properties available from same

    Sam Barron Barron Property Services

    2232 W 58th St, Indianapolis, IN 46228
  • /19

    $125,000

    • 2 Beds
    • 1 Bath
    • 704 Sq Ft

    2453 N Oxford St, Indianapolis, IN 46218

    Well-maintained 2-bedroom, 1- Bath home featuring a living room, dinning room, and kitchen. The basement houses the AC and HVAC system, both approximately two years old, along with a water heater of the same age. All major updates were completed about two years ago, including new windows, plumbing, drywall, kitchen cabinets and all-new electric wiring. The exterior offers new siding with freshly

    Perla Palma Keller Williams Indy Metro S

    2453 N Oxford St, Indianapolis, IN 46218

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