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

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  • /34

    $180,000 New Construction

    • 3 Beds
    • 2.5 Baths
    • 1,526 Sq Ft

    2454 Peoples Dr, Indianapolis, IN 46205

    This thoughtfully designed townhome blends modern elegance with everyday functionality. This end unit features luxury fixtures and charm. The main level has a two car garage and a versatile bonus room - perfect for a bedroom, home office, or playroom. The open concept living space is on the second level and has abundant natural light. The kitchen has sleek quartz countertops, stainless steel

    Rochelle Perkins Garnet Group

    2454 Peoples Dr, Indianapolis, IN 46205
  • /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
  • /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

    • 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
  • /21

    $190,000

    • 4 Beds
    • 2 Baths
    • 1,690 Sq Ft

    11931 E Welland St, Indianapolis, IN 46229

    Welcome to one of the largest end-unit condo townhomes in Raintree! Home features new flooring throughout, all new kitchen appliances, cabinetry, and island. Full bathroom and bedroom on the main level, with a second full bathroom upstairs. The main level offers a private bedroom with its own separate entry ideal for a roommate or rental opportunity. The upstairs primary suite features a walk-in

    Ashley Baker Berkshire Hathaway Home

    11931 E Welland St, Indianapolis, IN 46229
  • /20

    $164,900

    • 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
  • /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
  • /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
  • /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

    $15,000

    • Land
    • 0.12 Acre
    • $125,000 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

    $142,000

    • 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

    $25,000

    • Land
    • 0.12 Acre
    • $208,333 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
  • /9

    $55,000

    • Land
    • 0.12 Acre
    • $458,333 per Acre

    1514 Churchman Ave, Indianapolis, IN 46203

    Build-ready 40' x 130' (5,200 SF) residential lot at 1514 Churchman Ave. Previously had a home on site. Water and sewer may already be available; if not, utilities are nearby. Great opportunity for new construction or investment. the lot has been marked for reference. This lot is part of a package deal including adjacent parcels at 1510 Churchman Ave and 1506 Churchman Ave. Buyer to verify

    Marco Garcia Realty World Indy

    1514 Churchman Ave, Indianapolis, IN 46203
  • /21

    $120,000

    • 2 Beds
    • 1 Bath
    • 725 Sq Ft

    524 S Arlington Ave, Indianapolis, IN 46219

    MOTIVATED SELLER!!! Welcome to 524 S Arlington Ave! This adorable home sits in the lively Historic Irvington area. As you walk in you'll fall in love with the charm. Newer floors and huge living room window invites you to the coziness of the home. 2 bedrooms with an updated tiled shower is perfect to move right in! If you're a first time home buyer, this is would be the ideal start. UPDATES

    Logan McNitt Trueblood Real Estate

    524 S Arlington Ave, Indianapolis, IN 46219
  • /25

    $149,900

    • 1 Bed
    • 1 Bath
    • 589 Sq Ft

    801 N Pennsylvania St Unit B, Indianapolis, IN 46204

    Lovely condo with a location you can't beat, offering convenience to all that downtown Indy has to offer. Updates galore, move-in ready, and sold with all furniture included, so there's absolutely nothing needed on your part! Laundry in unit (washer/dryer included) and loads of storage - extremely practical. Roof is being replaced this year (already paid for), HOA for this basement unit as well

    Brian Maire United Real Estate Indpls

    801 N Pennsylvania St Unit B, Indianapolis, IN 46204
  • /2

    $59,000

    • Land
    • 0.3 Acre
    • $196,667 per Acre

    2857 Spruce St, Indianapolis, IN 46203

    Exceptional opportunity to own a large vacant lot in Indianapolis, IN, offering endless potential for development or investment. Whether you are a builder looking for your next project, an investor seeking long-term land appreciation, or a homeowner ready to design a custom residence, this property provides the space and flexibility to bring your vision to life. With generous lot dimensions, this

    Juan Cassella F.C. Tucker Company

    2857 Spruce St, Indianapolis, IN 46203
  • /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
  • /11

    $182,000

    • 2 Beds
    • 1 Bath

    3101 E Bradbury Ave, Indianapolis, IN 46203

    Seize the day and take advantage of an excellent opportunity for an investor who wants a nice brick duplex that cash flows! Located just NW of Beech Grove, this rental property has 762 sf of space/unit with 2 BR's and 1 BA on each side. The first unit's address is 2401 S Perkins and is vacant, and newly rehabbed. It features new LVL flooring throughout, fresh paint, new smoke detectors, newly

    Joe Farley Tomorrow Realty, Inc.

    3101 E Bradbury Ave, Indianapolis, IN 46203
  • /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
  • /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

    $181,000

    • 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
  • /5

    $180,000

    • Land
    • 0.26 Acre
    • $692,308 per Acre

    532 Sutherland Ave, Indianapolis, IN 46205

    Discover the perfect opportunity to create your own custom home on this buildable, flat 0.26-acre lot ideally located near Fall Creek and the Monon Trail. Enjoy the convenience of nearby outdoor recreation, walking and biking paths, and easy access to local parks and amenities. This spacious lot offers endless potential-whether you envision a modern retreat or a classic family home, the

    Landon Buesching 1 Percent Lists Indiana Real Estate

    532 Sutherland Ave, Indianapolis, IN 46205
  • /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
  • /30

    $140,000

    • 2 Beds
    • 2 Baths
    • 1,585 Sq Ft

    857 Indigo Way Unit 857D, Indianapolis, IN 46260

    Located in the desirable Park Hoover Village in Washington Township, this well-maintained condo offers peaceful pond views and comfortable, low-maintenance living. Featuring 2 bedrooms and 2 full bathrooms, this home combines functionality with a serene setting. Upon arrival, you're welcomed by a nicely landscaped entry and a common lobby area. The unit is located upstairs, offering added

    Rosie Berzenye T&H Realty Services, Inc.

    857 Indigo Way Unit 857D, Indianapolis, IN 46260
  • /3

    $90,000

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

    1733 Shelby St, Indianapolis, IN 46203

    Unlock the potential of street frontage along a high-traffic corridor in one of Indianapolis' most dynamic growth areas. There are two contiguous lots. They are being sold separately. the listing ID for the second lot is 22059486. They are zoned MU-1, offering flexible development opportunities for commercial, residential, or mixed-use projects. Each lot is roughly 30 x 123. Located between

    Dan McNeal @properties

    1733 Shelby St, 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

    Mabel Liu MYL Realty, LLC

    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

    $119,500

    • 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

    $149,999

    • 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
  • /10

    $119,900

    • 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 7 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
  • /7

    $114,900

    • 3 Beds
    • 1 Bath
    • 816 Sq Ft

    1245 S Belmont Ave, Indianapolis, IN 46221

    Welcome to 1245 S Belmont, a well-maintained residential property offering immediate cash flow with a tenant already in place. This home features a functional layout, comfortable living spaces, and consistent rental performance, making it an ideal option for investors looking to add a stabilized property to their portfolio. The property is currently tenant-occupied, providing income from day one.

    Mark Jones PMI Midwest

    1245 S Belmont Ave, Indianapolis, IN 46221
  • /22

    $165,000

    • 3 Beds
    • 1 Bath
    • 1,206 Sq Ft

    2320 N Catherwood Ave, Indianapolis, IN 46219

    Nestled in the East Side of Indianapolis, this updated single-family home offers both investors and home owners with an opportunity. This property offers either path as it is currently being used as an investment property with a tenant in place making $890/month. Property has been recently renovated and has many replacements for utilities.

    Justin Lowe Ellsbury Group

    2320 N Catherwood Ave, Indianapolis, IN 46219
  • /2

    $8,000

    • Land
    • 0.16 Acre
    • $50,000 per Acre

    3950 Malibu Ct, Indianapolis, IN 46226

    Ben Grise Evermark Property Group, LLC

    3950 Malibu Ct, Indianapolis, IN 46226
  • /11

    $79,900

    • 3 Beds
    • 2 Baths
    • 1,414 Sq Ft

    632 W 29th St, Indianapolis, IN 46208

    Excellent investment opportunity near Downtown! Last rent was $1,095/month. Spacious home needs some work but near parks, museums, shopping, dining, and interstate access! Additional 7 properties available from same seller/agent, also vacant, varying condition. Property is sold in Receivership - requires UNITED STATES DISTRICT COURT FOR THE SOUTHERN DISTRICT OF NEW YORK approval of contract prior

    Sam Barron Barron Property Services

    632 W 29th St, Indianapolis, IN 46208
  • /10

    $140,000

    • 5 Beds
    • 2 Baths
    • 1,755 Sq Ft

    3919 Barnor Dr, Indianapolis, IN 46226

    At 3919 Barnor DR in INDIANAPOLIS, IN, USA, a single family residence presents a compelling opportunity for a refined existence. The expansive interior encompasses 1755 square feet of living area, providing generous dimensions for various individual pursuits and collective gatherings. Within this considerable expanse, residents can envision distinct zones tailored to relaxation, entertainment, or

    Jenni Ruiz J S Ruiz Realty, Inc.

    3919 Barnor Dr, Indianapolis, IN 46226

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