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

• 

  

  

  /11

  $149,900

  • Land
  • 1.01 Acres
  • $148,416 per Acre

  9817 E 96th St, Castleton, IN 46256

  Here is the PERFECT CHANCE to build on your own lot! With OVER AN ACRE and PRIME LOCATION, this one won't last long. This property is just minutes from GEIST, downtown Fishers, and Fort Ben! Driveway access from main road is already cut in.

  Ali Rahimi Trueblood Real Estate

  9817 E 96th St, Castleton, IN 46256
• 

  

  

  /23

  $160,000

  • 1 Bed
  • 2 Baths
  • 854 Sq Ft

  230 E 9th St Unit 502, Indianapolis, IN 46204

  Check out this unique true one bedroom condo in the landmark Renaissance Tower building! Two studio units were combined to create a spacious retreat. One of the two walk-in closets is large enough to use as a den or an office. Located in the charming St. Joseph neighborhood on the near-north side of Downtown, it would be perfect for easy downtown living or as a rental property investment. Walk or

  Amanda Wade CENTURY 21 Scheetz

  230 E 9th St Unit 502, Indianapolis, IN 46204
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  /8

  $135,000

  $15K PRICE DROP

  • 3 Beds
  • 2 Baths
  • 1,048 Sq Ft

  3613 N Dearborn St, Indianapolis, IN 46218

  Spacious 3-bedroom, 2 full bath home offering plenty of functional living space! Features include an attached 1-car garage connected by a breezeway for added convenience. The finished basement provides additional living space with a large family room and a bonus room that is currently being used as a bedroom; perfect for a home office, hobby room, or flex space. Great opportunity for investors.

  Renae Warren New Quantum Realty Group

  3613 N Dearborn St, Indianapolis, IN 46218
• 

  

  

  /11

  $105,000

  $24K PRICE DROP

  • 2 Beds
  • 1 Bath
  • 1,168 Sq Ft

  1048 N Mount St, Indianapolis, IN 46222

  Owner finance opportunity in this 2 bedroom 1 bath home conveniently located near Downtown on the near West side, shopping, dining, parks, and much more. This home offers a detached 2 car garage and a full unfinished basement.

  Scott Wynkoop Wynkoop Brokerage Firm, LLC

  1048 N Mount St, Indianapolis, IN 46222
• 

  

  /2

  $35,000

  $10K PRICE DROP

  • Land
  • 3,920 Sq Ft
  • $388,889 per Acre

  2009 Hillside Ave, Indianapolis, IN 46218

  35 x 117 lot for sale.

  Mark Nottingham @properties

  2009 Hillside Ave, Indianapolis, IN 46218
• 

  /2

  $20,000

  $5K PRICE DROP

  • Land
  • 5,227 Sq Ft
  • $166,667 per Acre

  3118 N Euclid Ave, Indianapolis, IN 46218

  39X134 lot for sale.

  Mark Nottingham @properties

  3118 N Euclid Ave, Indianapolis, IN 46218
• 

  

  /40

  $165,000

  • 2 Beds
  • 2 Baths
  • 1,159 Sq Ft

  5019 Amber Creek Place Unit 311, Indianapolis, IN 46237

  This beautifully maintained condo offers the ease of single-story, low maintenance living paired with stylish comfort and convenience. This third floor home features vaulted ceilings as another plus to being the top floor. Plus, two spacious bedrooms and two full bathrooms provide comfortable private retreats for both residents and guests. Fresh paint throughout, a new AC/heating unit, and all

  Malinda Ennis Keller Williams Indy Metro NE

  5019 Amber Creek Place Unit 311, Indianapolis, IN 46237
• 

  

  /36

  $129,900

  $10K PRICE DROP

  • 2 Beds
  • 1 Bath
  • 1,249 Sq Ft

  3632 N Butler Ave, Indianapolis, IN 46218

  Charming single-family home located on the northeast side of Indianapolis in an established residential neighborhood. This property offers a functional floor plan with comfortable living areas, well-sized bedrooms, and a practical kitchen layout. Situated on a generous lot with mature surroundings, the home provides both privacy and convenience. Easy access to schools, parks, shopping, and major

  Isabella Frazier Trelora Realty

  3632 N Butler Ave, Indianapolis, IN 46218
• 

  

  /13

  $180,000

  $10K PRICE DROP

  • 2 Beds
  • 2 Baths

  5953 Rawles Ave, Indianapolis, IN 46219

  Irvington duplex with the heavy lifting already done. 5953/5955 Rawles Ave is a 1-bed/1-bath on each side, with one unit already occupied and producing income from day one, and the other vacant and move-in ready for your next tenant. The updates that matter most are already behind you - new roof, new mechanicals, and new plumbing all in the past couple years mean you're not inheriting deferred

  Gabriel Moore @properties

  5953 Rawles Ave, Indianapolis, IN 46219
• 

  

  /3

  $27,000

  $20K PRICE DROP

  • Land
  • 5,662 Sq Ft
  • $207,692 per Acre

  1827 Calvin St, Indianapolis, IN 46203

  Do you want to build your Dream Home? 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

  Karen Hogan Carpenter, REALTORS®

  1827 Calvin St, Indianapolis, IN 46203
• 

  

  /15

  $175,000

  • 3 Beds
  • 1 Bath
  • 1,140 Sq Ft

  2957 Winthrop Ave, Indianapolis, IN 46205

  Rare Investment Opportunity in 46205! Back on the market after 40+ years of prideful ownership, this classic American-style home is a blank canvas ready for your vision. Located just minutes from downtown, this 3 bedroom, 1 bath property includes a dedicated office space, offering the perfect layout for a modern rental or a high-end renovation. The home features a solid structure with "great

  Cameron Mason Keller Williams Indpls Metro N

  2957 Winthrop Ave, Indianapolis, IN 46205
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  /9

  $99,000

  $16K PRICE DROP

  • 2 Beds
  • 1 Bath
  • 725 Sq Ft

  3829 E 31st St, Indianapolis, IN 46218

  Renovated 2 bed / 1 bath in Brightwood with strong rental history up to $1,200/month. New LVP flooring throughout, updated kitchen with butcher block counters and white shaker cabinetry, and a fully remodeled bathroom with tiled shower and modern vanity. 725 sqft on a single level, with fresh paint, newer fixtures, and a clean, move-in ready layout with good natural light in every room. Vinyl

  Kenneth Fletcher @properties

  3829 E 31st St, Indianapolis, IN 46218
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  /34

  $189,900

  $10K PRICE DROP

  • 1 Bed
  • 1 Bath
  • 910 Sq Ft

  55 S Harding St Unit 405, Indianapolis, IN 46222

  Located approximately one mile from downtown Indianapolis, this updated loft condominium at the historic H. Lauter Lofts building offers immediate walkable access to the Indianapolis Cultural Trail, Monument Circle, Lucas Oil Stadium, White River State Park, IU Indianapolis, the Indianapolis Zoo, and a wide range of dining, nightlife, and entertainment options. This industrial-style loft condo

  Kelly Burns Berkshire Hathaway Home

  55 S Harding St Unit 405, Indianapolis, IN 46222
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  /34

  $129,900

  $20K PRICE DROP

  • 2 Beds
  • 1.5 Baths
  • 888 Sq Ft

  3310 Wallace Ave, Indianapolis, IN 46218

  Come view this 2-bedroom, 1.5-bath home has had several updates in the past and offers an excellent opportunity for investors or buyers looking to build equity. A versatile bonus room provides the option for an office, media room, or additional living space. The kitchen includes granite countertops, refrigerator, and stove, while laminate flooring runs throughout the home along with a separate

  Jennifer Mattos Garnet Group

  3310 Wallace Ave, Indianapolis, IN 46218
• 

  

  /14

  $135,000

  • 3 Beds
  • 1 Bath
  • 925 Sq Ft

  8446 E 36th Place, Indianapolis, IN 46226

  This 3-bedroom, 1-bath home offers a functional floor plan and plenty of potential. The property features a spacious backyard with ample room for outdoor enjoyment, gardening, or future improvements. Conveniently located and ready for your personal touch.

  Banessa Lara F.C. Tucker Company

  8446 E 36th Place, Indianapolis, IN 46226
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  /33

  $130,000

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

  6508 Park Central Way Unit 6508C, Indianapolis, IN 46260

  Welcome to Park Hoover Village, where spacious living meets convenience in the heart of Washington Township. This beautifully maintained second-floor condominium offers 2 bedrooms, 2 full baths, and approximately 1,585 square feet of comfortable living space. Step inside and you'll immediately appreciate the oversized 21' x 15' living room, perfect for entertaining, relaxing, or gathering with

  John Vandersall F.C. Tucker Company

  6508 Park Central Way Unit 6508C, Indianapolis, IN 46260
• 

  

  /22

  $185,000

  • 4 Beds
  • 3 Baths
  • 1,257 Sq Ft

  517 S Warman Ave, Indianapolis, IN 46222

  Maria Lasher eXp Realty LLC

  517 S Warman Ave, Indianapolis, IN 46222
• 

  /2

  $85,000

  • Land
  • 5,227 Sq Ft
  • $708,333 per Acre

  206 Jefferson Ave, Indianapolis, IN 46201

  Build your vision on this vacant lot located just minutes from Downtown Indianapolis. Situated in a growing area with easy access to major highways, shopping, dining, and city amenities, this lot is ideal for new construction or investment. Seize the opportunity to build in a fast-growing neighborhood already experiencing significant revitalization with new construction and renovations. This

  Bunmi Famosinpe My Agent

  206 Jefferson Ave, Indianapolis, IN 46201
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  /37

  $179,900

  $19K PRICE DROP

  • 2 Beds
  • 1 Bath
  • 900 Sq Ft

  1617 E Gimber St, Indianapolis, IN 46203

  rehabbed 2 Bedroom, 1 full bath ranch home on 2 lots. Fully fenced. Included 24 x 28 pole barn with separate 200-amp service. big bedrooms. redone bathroom, 2 skylights. new cabinets and tops. range and refrigerator. all totally redone. New street and sidewalks have been installed by the city. Convenient location. Near the interstate. Move-in ready.

  Joe Sullivan Sullivan Realty Group, LLC

  1617 E Gimber St, Indianapolis, IN 46203
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  /32

  $160,000

  $5K PRICE DROP

  • 1 Bed
  • 1 Bath
  • 1,179 Sq Ft

  7963 Valley Farms Ct, Indianapolis, IN 46214

  Charming and full of character, this cozy 1-bedroom with loft, 1-bath condo (easily can be 2 bedrooms) offers the perfect blend of comfort and low-maintenance living! Neighborhood features POOL and TENNIS COURTS with clubhouse access which includes full kitchen, showers, restrooms. This amazing home features beautiful hardwood floors, granite countertops, and a warm, inviting atmosphere

  Brooke Arnold BluPrint Real Estate Group

  7963 Valley Farms Ct, Indianapolis, IN 46214
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  /11

  $139,900

  • 4 Beds
  • 2.5 Baths
  • 2,029 Sq Ft

  9220 Allegro Dr, Indianapolis, IN 46231

  INVESTOR SPECIAL! Opportunity knocks at this property! This home suffered a fire, but it didn't burn this great opportunity to turn this into your dream home. Ideal for investors, flippers, or buyers with a vision. This home is being sold AS-IS, Cash Only and will require some renovations from top to bottom. Whether you're looking to completely reimagine the space or build value through sweat

  Cheryl Kypreos Keller Williams Indy Metro NE

  9220 Allegro Dr, Indianapolis, IN 46231
• 

  

  /15

  $59,999

  $30K PRICE DROP

  • Land
  • 6,534 Sq Ft
  • $399,993 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
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  /36

  $175,000

  $25K PRICE DROP

  • 3 Beds
  • 1.5 Baths
  • 2,022 Sq Ft

  1245 W Congress Ave, Indianapolis, IN 46208

  3 bedroom, 1.5 bathroom home featuring a primary bedroom on the main level and convenient first-floor laundry. Enjoy extra living space in the finished basement, perfect for entertaining, a family room, office, or flex space. The fully fenced front and backyard provide privacy, outdoor enjoyment, and room to relax. Shed out back offers extra storage. Space in back of home for parking outside of

  Renae Warren New Quantum Realty Group

  1245 W Congress Ave, Indianapolis, IN 46208
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  /3

  $30,000

  $5K PRICE DROP

  • Land
  • 2,613 Sq Ft
  • $500,000 per Acre

  972 W 25th St, Indianapolis, IN 46208

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

  Mark Nottingham @properties

  972 W 25th St, Indianapolis, IN 46208
• 

  

  /20

  $125,000

  • 2 Beds
  • 1 Bath
  • 1,080 Sq Ft

  1621 Oliver Ave, Indianapolis, IN 46221

  $125,000 - Updated 2BR Home Near Downtown Indianapolis Recently updated 2-bedroom, 1-bath single-family home located just minutes from downtown Indianapolis with quick access to I-70, major employers, shopping, and dining. The home has a flexible split-level layout with one bedroom on the main level and one upstairs, providing options for a home office, guest room, roommate arrangement, or

  Steven Koleno Beycome Brokerage Realty LLC

  1621 Oliver Ave, Indianapolis, IN 46221
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  /32

  $139,900

  $20K PRICE DROP

  • 3 Beds
  • 1.5 Baths
  • 1,421 Sq Ft

  4101 Biscayne Rd, Indianapolis, IN 46226

  Move-in ready single-family home in Indianapolis' Far Eastside! This 3-bedroom, 1-bath residence offers 1,421 sq ft of comfortable living space on a spacious 8,700 sq ft lot. Enjoy an updated interior with ample natural light, a functional kitchen, and a welcoming living area. The property features a full yard, perfect for outdoor activities and entertaining. Conveniently located near schools,

  Isabella Frazier Trelora Realty

  4101 Biscayne Rd, Indianapolis, IN 46226
• 

  /2

  $55,000

  • Land
  • 3,484 Sq Ft
  • $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
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  /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 $1050 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
• 

  

  /20

  $174,900

  $25K PRICE DROP

  • 3 Beds
  • 2 Baths
  • 1,688 Sq Ft

  1641 S Delaware St, Indianapolis, IN 46225

  Incredible value growth opportunity in this popular Old Southside neighborhood, near the pedestrian bridge connecting to Bates Hendricks. Enjoy a fenced yard and covered porch with this all brick home. 3 bedrooms and 2 full bathrooms. New flooring and fresh paint throughout. The kitchen features stainless steel appliances, a tile backsplash and new Quartz countertops. The updated bathrooms offer

  Jeremy Sandlin F.C. Tucker Company

  1641 S Delaware St, Indianapolis, IN 46225
• 

  

  /28

  $145,000

  $10K PRICE DROP

  • 3 Beds
  • 1 Bath
  • 1,068 Sq Ft

  3144 Wade St, Indianapolis, IN 46203

  Charming all brick home located conveniently near I-65 with easy access to downtown Indianapolis. This 3 bedroom, 1 bath property features a spacious backyard ideal for outdoor fun. The well, roof and all major appliances have been replaced within the last 8 years. Schedule your showing today to see all this home has to offer!

  Savanah Lindvall Carpenter, REALTORS®

  3144 Wade St, Indianapolis, IN 46203
• 

  /2

  $49,000

  • Land
  • 5,227 Sq Ft
  • $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
• 

  

  /6

  $159,000

  • 2 Beds
  • 1 Bath
  • 1,032 Sq Ft

  317 N Belleview Place, Indianapolis, IN 46222

  A performing rental on Indy's near west side, occupied and bringing in $1,300 a month from day one. Three beds, one bath, minutes from downtown, Hawthorne Park, and IU Health, in a pocket where rental demand never really slows down. No renovation project here, just a clean hold with room to push rent to market over time. Part of a 17-door Indianapolis rental portfolio bringing in over $19,000 a

  Max Moore @properties

  317 N Belleview Place, Indianapolis, IN 46222
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  /52

  $125,000

  $25K PRICE DROP

  • 2 Beds
  • 1 Bath
  • 1,220 Sq Ft

  1230 N Pershing Ave, Indianapolis, IN 46222

  Welcome to 1230 N Pershing Ave-a delightful 1930s bungalow offering charm, space, and incredible versatility. Completely move-in ready, this Indianapolis gem is packed with features you'll love: Spacious Layout: 1,080 sq. ft. of comfortable, easy-flowing living space. 2 Bedrooms: Ample private space. Basement: Excellent storage or the perfect opportunity to create a future rec room or gym.

  Gloria Gear Keller Williams Indy Metro S

  1230 N Pershing Ave, Indianapolis, IN 46222
• 

  

  /21

  $179,999

  $25K PRICE DROP

  • 3 Beds
  • 2 Baths
  • 840 Sq Ft

  2121 Webb St, Indianapolis, IN 46225

  Charming 3 bedroom, 2 bath home in Indianapolis, just a short drive from the historic Circle Center downtown. This cozy property features a well-equipped kitchen with an electric stove, refrigerator, and microwave, plus a convenient washer/dryer. Enjoy the spacious backyard, and a 1 car detached garage for added storage or parking. A great opportunity for comfortable living near the heart of the

  Edwin Watson Triple E Realty, LLC

  2121 Webb St, Indianapolis, IN 46225
• 

  

  /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
• 

  

  /18

  $150,000

  • 3 Beds
  • 1.5 Baths
  • 1,200 Sq Ft

  126 N Harbison Ave, Indianapolis, IN 46219

  Welcome home to this beautifully renovated 3-bedroom, 1.5-bath home that offers the perfect blend of modern updates and functional living space. Inside, you'll find a bright, fresh interior that's truly move-in ready. The spacious loft provides endless possibilities-use it as a playroom, entertainment area, home office, or additional living space to fit your lifestyle. Downstairs, the

  Jessica Green CityPlace Realty

  126 N Harbison Ave, Indianapolis, IN 46219
• 

  

  /31

  $128,000

  • 2 Beds
  • 1 Bath
  • 1,177 Sq Ft

  3524 Brouse Ave, Indianapolis, IN 46218

  Freshly renovated and move-in ready! This charming 2-bedroom, 1-bath cottage offers 942 sq ft of comfortable living space with fresh paint, updated finishes, and classic character throughout. Built in 1948, the home features a functional single-level layout, making it ideal for first-time homebuyers, downsizers, or investors seeking a turnkey opportunity. Enjoy affordable homeownership in a

  Terry Young Red Bridge Real Estate

  3524 Brouse Ave, Indianapolis, IN 46218
• 

  

  /32

  $170,000

  $30K PRICE DROP

  • 1,444 Sq Ft

  1730 Wishmeyer Ln, Indianapolis, IN 46239

  Marco Vasquez CAVA Realty Group

  1730 Wishmeyer Ln, Indianapolis, IN 46239
• 

  

  /21

  $189,900

  $5K PRICE DROP

  • 3 Beds
  • 1 Bath
  • 892 Sq Ft

  3314 Eastbrooke Ct, Indianapolis, IN 46235

  Tucked away in a quiet cul-de-sac, this beautifully updated ranch offers modern style with classic comfort. Inside you'll find an open concept floor plan featuring a sleek kitchen with stainless steel appliances and a large island for entertaining. This 3-bedroom home includes an attached garage, and large fenced in back yard with plenty of privacy. This is a fantastic option for first-time home

  James Krause @properties

  3314 Eastbrooke Ct, Indianapolis, IN 46235

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