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

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  /3

  $15,000

  $5K PRICE DROP

  • Land
  • 5,227 Sq Ft
  • $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 Partners

  3044 Sapphire Blvd, Indianapolis, IN 46268
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  /47

  $185,000

  $19K PRICE DROP

  • 2 Beds
  • 1.5 Baths
  • 1,154 Sq Ft

  6376 Village Oak Ct, Indianapolis, IN 46236

  Interior of the home has just been freshly painted. Retirement Community for 55+ Buyers Owner is offering to credit buyer up to $3,000 for buyer closing costs and pre-paids. Discover Easy, Comfortable Living in a Quiet Lawrence Township Cul-de-sac Welcome to 6376 Village Oak Court, a beautifully maintained home designed for those who want comfort, convenience, and a peaceful lifestyle. Located in

  Jack Sturm Noble House Realty and Property Management

  6376 Village Oak Ct, Indianapolis, IN 46236
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  /28

  $120,000

  • 3 Beds
  • 1 Bath
  • 1,083 Sq Ft

  811 N Denny St, Indianapolis, IN 46201

  Welcome to 811 N Denny ST, INDIANAPOLIS, IN, USA! This delightful 1926 single-family residence, spanning a cozy 1083 square feet, is in ready-to-move-in, practically begging you to kick off your shoes and stay a while - or a great opportunity for an investor! It's an inviting home with a playful spirit, just waiting for its next adventure. Step into the bathroom, where you'll find a walk-in

  Devin Brennan Ferris Property Group

  811 N Denny St, Indianapolis, IN 46201
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  /2

  $24,900

  $4K PRICE DROP

  • Land
  • 3,484 Sq Ft
  • $311,250 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
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  /2

  $40,000

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

  14 Jefferson Ave, Indianapolis, IN 46201

  Build now or invest for the future-vacant lots in desirable downtown locations are becoming harder to find. Discover the potential of this ideally located property. Build your dream home or your next investment property!

  Sarah Skidmore @properties

  14 Jefferson Ave, Indianapolis, IN 46201
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  /28

  $150,000

  • 3 Beds
  • 2 Baths

  1326 Union St, Indianapolis, IN 46225

  Excellent investment opportunity! Duplex featuring two 3-bedroom, 2-bath units, each with a kitchen, dining room, and family room. One unit has been renovated and is ready for occupancy or rental income, while the second unit has been demoed and is ready for renovation. Great potential for investors looking to add value and build equity. Property is being sold as-is.

  Doug Fredbeck Keller Williams Indpls Metro N

  1326 Union St, Indianapolis, IN 46225
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  /12

  $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
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  /25

  $139,900

  $10K PRICE DROP

  • 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

  Benjamin Claghorn United Real Estate Indpls

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

  $59,000

  • Land
  • 13,068 Sq Ft
  • $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
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  /39

  $154,900

  Open Sun 10AM - 12PM $5K PRICE DROP

  • 2 Beds
  • 1.5 Baths
  • 1,206 Sq Ft

  6028 Wildcat Dr, Indianapolis, IN 46203

  Welcome to 6028 Wildcat Drive, a beautifully updated open-concept, two-story condo in Franklin Township offering stylish, low-maintenance living. Freshly painted and featuring brand-new flooring throughout, this move-in-ready home offers 2 bedrooms, 1.5 baths, and 1,206 square feet of thoughtfully designed living space. The spacious great room flows into the dining area and kitchen, complete with

  Cameron Harbert REALTY WORLD-Harbert Company

  6028 Wildcat Dr, Indianapolis, IN 46203
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  /3

  $90,000

  • Land
  • 4,791 Sq Ft
  • $818,182 per Acre

  2178 N Talbott St, Indianapolis, IN 46202

  Paved parking lot near the corner of 22nd and Talbott St. C-3 commercial zoning.

  Tom Johnson F.C. Tucker Company

  2178 N Talbott St, Indianapolis, IN 46202
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  /16

  $175,000

  $7K PRICE DROP

  • 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
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  /3

  $120,000

  • Land
  • 5,227 Sq Ft
  • $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
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  /22

  $100,000

  $40K PRICE DROP

  • 2 Beds
  • 2 Baths
  • 1,030 Sq Ft

  618 N Rural St, Indianapolis, IN 46201

  Completely renovated and move-in ready, this charming 2-bedroom, 2-bath attached home offers an excellent opportunity for investors or owner-occupants alike. Featuring an updated kitchen, new carpet, luxury vinyl plank flooring, fresh paint throughout, and a new gas water heater - the major updates have already been completed for you. Enjoy relaxing on the inviting covered front porch or take

  Doug Fredbeck Keller Williams Indpls Metro N

  618 N Rural St, Indianapolis, IN 46201
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  /15

  $99,900

  $9K PRICE DROP

  • 2 Beds
  • 1 Bath
  • 1,303 Sq Ft

  1108 N Warman Ave, Indianapolis, IN 46222

  Opportunity knocks at 1108 N Warman Ave! This home is being sold as-is, offering the perfect chance for an investor, rehabber, or buyer looking to build equity with some vision and elbow grease. The property features solid structure and great bones, making it an ideal candidate for a thoughtful refresh. Inside, the home is ready for a full cosmetic update-bring your ideas and transform the space

  Alysea Ragland F.C. Tucker Company

  1108 N Warman Ave, Indianapolis, IN 46222
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  /41

  $149,900

  $10K PRICE DROP

  • 3 Beds
  • 1.5 Baths
  • 1,596 Sq Ft

  2755 N Dearborn St, Indianapolis, IN 46218

  Welcome home to this beautifully refreshed 3-bedroom, 1.5-bathroom single-family home that offers the perfect blend of charm, character, and space. Featuring tall ceilings and oversized windows, the home is filled with an abundance of natural light, creating a bright and inviting atmosphere throughout. Freshly updated with new paint and new carpet, this home is move-in ready and waiting for its

  Ashley Marino Berkshire Hathaway HomeServices

  2755 N Dearborn St, Indianapolis, IN 46218
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  /4

  $60,000

  • Land
  • 6,098 Sq Ft
  • $428,571 per Acre

  1856 W Morris St, Indianapolis, IN 46221

  Barinder Singh eXp Realty, LLC

  1856 W Morris St, Indianapolis, IN 46221
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  /4

  $32,900

  • Land
  • 5,662 Sq Ft
  • $253,077 per Acre

  1844 Zwingley St, Indianapolis, IN 46203

  Residential vacant lot on the Near South Eastside, located a few minutes from downtown and Fountain Square. Approx. 40' x 137' lot, suitable for new construction. Public utilities available: water, sewer, gas, electric.

  Derek Morgan Unreal Estate LLC

  1844 Zwingley St, Indianapolis, IN 46203
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  /24

  $155,000

  • 2 Beds
  • 2 Baths
  • 1,455 Sq Ft

  3408 Harvest Ave, Indianapolis, IN 46226

  Welcome home to this charming, move-in ready 2-bedroom, 2-full-bath bungalow that's been thoughtfully updated and is ready for its next chapter. From the moment you step inside, you'll appreciate the fresh feel created by beautiful new luxury vinyl plank flooring, stylish light fixtures, and modern updates throughout, blending timeless character with today's conveniences. The inviting layout

  Gino Liongson LLM Capital

  3408 Harvest Ave, Indianapolis, IN 46226
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  /8

  $189,900

  $5K PRICE DROP

  • 4 Beds
  • 1.5 Baths
  • 1,604 Sq Ft

  9715 E 42nd St, Indianapolis, IN 46235

  Opportunity awaits! This 4 bedroom, 1.5 bath ranch with a detached 2 car garage offers great potential for investors or buyers looking to add their personal touch. Features include an eat-in kitchen, separate dining room, large fenced backyard with mature trees, and a spacious deck. With a little TLC, this home could truly shine.

  Leidy Ventura Triple E Realty, LLC

  9715 E 42nd St, Indianapolis, IN 46235
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  /3

  $90,000

  • Land
  • 3,920 Sq Ft
  • $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
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  /3

  $27,000

  $3K PRICE DROP

  • Land
  • 5,227 Sq Ft
  • $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
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  /2

  $60,000

  • Land
  • 3,920 Sq Ft
  • $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
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  /14

  $149,900

  • 2 Beds
  • 1 Bath
  • 744 Sq Ft

  8134 Harrison Dr, Indianapolis, IN 46226

  WELCOME HOME! This home has been totally remodeled and includes all new bathroom sink and shower/tub, kitchen appliances, new cabinets, counters, fixtures, HVAC, windows, flooring, paint, and a carport added with fence entry into the large fenced in backyard! WHY RENT?? The seller's put a lot of care into creating this ranch home at an affordable price! This home has a lot of charm and located

  Sandra Roach Fathom Realty

  8134 Harrison Dr, Indianapolis, IN 46226
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  /2

  $65,000

  • Land
  • 2,178 Sq Ft
  • $1,300,000 per Acre

  531 E 20th St, Indianapolis, IN 46202

  Build your dream home in one of downtown Indianapolis most desirable neighborhoods. This prime buildable lot creates opportunity for you to build your dream home or your next investment property. With new construction, and continued growth throughout the area, this is a rare chance to secure a homesite in a location that perfectly blends urban convenience with neighborhood charm.

  Sarah Skidmore @properties

  531 E 20th St, Indianapolis, IN 46202
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  /25

  $149,900

  • 1 Bed
  • 1 Bath

  1849 E Minnesota St, Indianapolis, IN 46203

  Opportunity to house hack or add a fully occupied duplex to your rental portfolio at 1847-1849 E Minnesota St. One unit is currently leased for $700 per month, providing immediate rental income, while the vacant 1847 unit gives a new owner the flexibility to move in and offset their monthly housing costs with rent from the neighboring unit. Investors can also lease the vacant side and operate the

  Kyle Hoffman @properties

  1849 E Minnesota St, Indianapolis, IN 46203
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  /31

  $154,900

  • 2 Beds
  • 1 Bath
  • 800 Sq Ft

  1730 Winfield Ave, Indianapolis, IN 46222

  Welcome home to this charming home in the desirable West Haven neighborhood, just minutes from the dining, shopping, and entertainment of Speedway. Offering 2 bedrooms, 1 full bath, and approximately 1,600 square feet, this move-in-ready home blends classic character with modern updates. A welcoming covered front porch provides the perfect spot to enjoy your morning coffee or unwind at the end of

  Rosie Berzenye T&H Realty Services, Inc.

  1730 Winfield Ave, Indianapolis, IN 46222
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  /17

  $111,000

  • 3 Beds
  • 1 Bath
  • 1,296 Sq Ft

  321 S Hamilton Ave, Indianapolis, IN 46201

  3-bedroom, 1-bathroom single-family home offering flexibility for both owner-occupants and investors. The home features two bedrooms on the main level, one bedroom upstairs, and a full bathroom on the upper level. A detached one-car garage with alley access provides convenient off-street parking and additional storage. Conveniently located less than two miles from Fountain Square, Fletcher Place,

  Karanjod Cheema Rize Commercial Realty LLC

  321 S Hamilton Ave, Indianapolis, IN 46201
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  /22

  $99,000

  • 2 Beds
  • 1.5 Baths
  • 1,488 Sq Ft

  10210 Catalina Dr, Indianapolis, IN 46235

  Showings start Sunday Aug 2nd @ Noon. This home just needs your renovation skills and TLC! It is so spacious on the inside and has a great yard size! Curb appeal galore with your own open-air patio sitting area. The home's easy flow and open concept offers option to install your own kitchen open to the main arteries of the home for easy access and flow. The windows throughout can provide

  Mary Habiby-Lucchese F.C. Tucker Company

  10210 Catalina Dr, Indianapolis, IN 46235
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  /10

  $105,000

  $75K PRICE DROP

  • 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
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  /7

  $19,000

  $31K PRICE DROP

  • Land
  • 5,227 Sq Ft
  • $158,333 per Acre

  1441 W Congress Ave, Indianapolis, IN 46208

  Great opportunity here for a developer to build something beautiful in this neighborhood next to the Indianapolis Canal. Two lots included! BLC#22097843 is to be sold with this parcel. Back on Market - No fault of seller. Buyer was unable to obtain required zoning approvals for their intended development. Excellent opportunity for future development or alternative use.

  Iscary Payano 1 Percent Lists Indiana Real Estate

  1441 W Congress Ave, Indianapolis, IN 46208
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  /11

  $119,900

  $20K PRICE DROP

  • 1 Bed
  • 1 Bath

  1525 Villa Ave, Indianapolis, IN 46203

  Welcome to 1525 Villa Ave, a great opportunity in the heart of Indianapolis! This property offers plenty of potential for an investor or buyer ready to make it their own. Conveniently located near downtown Indianapolis. Whether you are looking to expand your investment portfolio or create your next home, this property is ready for your vision. Property is being sold as-is.

  Jasmine Tracy BHB Real Estate Group

  1525 Villa Ave, Indianapolis, IN 46203
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  /17

  $135,000

  • 2 Beds
  • 1 Bath
  • 888 Sq Ft

  3815 Spann Ave, Indianapolis, IN 46203

  Welcome to 3815 Spann Avenue, where charm, thoughtful updates, and a convenient Indianapolis location come together. Whether you're searching for your first home or looking to add a solid investment to your portfolio, this move-in-ready property is one you won't want to miss. Start your tour on the inviting covered front porch, filled with natural light and offering the perfect space to enjoy

  Kenneth Hall Real Broker, LLC

  3815 Spann Ave, Indianapolis, IN 46203
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  /17

  $130,000

  • 3 Beds
  • 1 Bath
  • 724 Sq Ft

  1622 Cruft St, Indianapolis, IN 46203

  Great investment opportunity!! Currently leased at $931/mo with good standing long term tenants. Immediate cash flow! Can be sold individually or as part of a 4 home portfolio including BLC#22095761, 22095770, 22095765, 22095766. All good standing tenant occupied! Contact listing agent directly for showings. Home sold AS-IS and please be respectful of tenants occupying the homes. Rent is well

  Carrie Clark Keller Williams Indpls Metro N

  1622 Cruft St, Indianapolis, IN 46203
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  /2

  $24,900

  • Land
  • 5,227 Sq Ft
  • $207,500 per Acre

  4506 W Caven St, Indianapolis, IN 46241

  Rare opportunity to acquire a nine-lot residential infill package in an established Indianapolis neighborhood. The offering includes five adjoining vacant lots that create a strong foundation for a coordinated new-construction project, plus four additional nearby homesites along the same street that add flexibility for individual builds, phased construction, or future resale. This is an ideal

  Nicole Crouch Crossroads Realty, LLC

  4506 W Caven St, Indianapolis, IN 46241
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  /2

  $8,000

  $11K PRICE DROP

  • Land
  • 6,969 Sq Ft
  • $50,000 per Acre

  3950 Malibu Ct, Indianapolis, IN 46226

  Ben Grise Evermark Property Group, LLC

  3950 Malibu Ct, Indianapolis, IN 46226
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  /34

  $159,900

  • 2 Beds
  • 1.5 Baths
  • 1,472 Sq Ft

  1149 Canterbury Square S Unit 1149, Indianapolis, IN 46260

  Discover a unique opportunity at 1149 Canterbury SQ S Unit 1149, INDIANAPOLIS, IN, an impeccably maintained and thoughtfully designed living space. This two-story residence provides a distinctive blend of classic charm and contemporary functionality, ideal for those seeking a vibrant lifestyle in a sought-after location and maintenance free living. The property features two comfortable bedrooms,

  Christine Krause Crossroads Realty

  1149 Canterbury Square S Unit 1149, Indianapolis, IN 46260
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  /11

  $76,500

  $8K PRICE DROP

  • 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
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  /3

  $45,000

  • Land
  • 3,049 Sq Ft
  • $642,857 per Acre

  1544 Ringgold Ave, Indianapolis, IN 46203

  A slice of Indianapolis ready to be molded. Ever wanted to make your home completely your OWN? This is your chance. This lot boasts great location on a great city block. The perks of downtown city life with a cozy Neighborhood feel.

  Mitch Rougraff F.C. Tucker Company

  1544 Ringgold Ave, Indianapolis, IN 46203
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  /31

  $134,900

  • 3 Beds
  • 1 Bath
  • 988 Sq Ft

  3842 N Butler Ave, Indianapolis, IN 46226

  Discover the charm of single-family living at 3842 N Butler AVE, INDIANAPOLIS, IN, USA. Built in 1959, this 988 square foot residence offers a unique opportunity to cultivate your ideal lifestyle. The three bedrooms provide versatile spaces, ready to be transformed into personal sanctuaries, productive home offices, or creative studios, adapting to your evolving needs. A single full bathroom

  Samuel Nieves-Montanez Trelora Realty

  3842 N Butler Ave, Indianapolis, IN 46226

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