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

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  /21

  $134,999

  $20K PRICE DROP

  • 2 Beds
  • 1 Bath
  • 1,077 Sq Ft

  737 N Sherman Dr, Indianapolis, IN 46201

  Back on Market after temporary withdrawal for seller's personal reasons. Property is in great condition and ready for showings. Seller used this time to bring fresh paint. 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

  Cynthia Sosa AMR Real Estate LLC

  737 N Sherman Dr, Indianapolis, IN 46201
• 

  

  

  /11

  $165,000

  • 3 Beds
  • 1 Bath
  • 900 Sq Ft

  484 S Rochester St, Indianapolis, IN 46241

  Completely renovated approximately 2.5 years ago, this home offers peace of mind with major updates already completed. Improvements include new electrical, plumbing, drywall, insulation, roof, windows, flooring, doors, and kitchen cabinets. The furnace and AC system are only two years old, making this an excellent opportunity for buyers who want to avoid costly repairs, renovations, or replacing

  Luis Coronel Realty of America LLC

  484 S Rochester St, Indianapolis, IN 46241
• 

  

  

  /8

  $124,900

  $5K PRICE DROP

  • 2 Beds
  • 1 Bath
  • 1,054 Sq Ft

  1125 N Oakland Ave, Indianapolis, IN 46201

  Fantastic investment opportunity in Brookside! Located just north of Brookside School 54 amongst several area renovations, this 2 bed shotgun style home is waiting for the right investor or contractor to bring it back to life. Home is currently in framing stage and has some exterior improvements already. The new homeowner would need to re-apply for permits to complete the work. Plenty of

  Brian Pachciarz Estansion Group by BLP

  1125 N Oakland Ave, Indianapolis, IN 46201
• 

  

  

  /8

  $35,000

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

  1124 Vandeman St, Indianapolis, IN 46203

  City lot ready for your next new construction project. Bring your imagination and take advantage of this opportunity located near the growing Prospect area. Great potential with convenient access to ongoing development, local amenities, and city living. Don't miss your chance to invest in an expanding area with endless possibilities!

  Maryan Jones Dix Realty Group

  1124 Vandeman St, Indianapolis, IN 46203
• 

  

  

  /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 Partners

  2453 N Oxford St, Indianapolis, IN 46218
• 

  

  /7

  $22,500

  $28K PRICE DROP

  • Land
  • 5,227 Sq Ft
  • $187,500 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
• 

  

  /11

  $129,900

  $10K 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
• 

  

  /40

  $179,900

  • 6 Beds
  • 2 Baths

  617 N Riley Ave, Indianapolis, IN 46201

  Fantastic investment opportunity in Emerson Heights! 1925-built duplex with vintage charm (Hardwood floors! Built-in-bookcases!) and offering two 3-bed, 1-bath units + sunroom on .14 acres, with 2 parking pads and a storage shed. Both sides have long-term renters in place, which are currently on month-to-month leases, renting well below market for $600 and $650. Seller has made some improvements

  Lauren Hewitt F.C. Tucker Company

  617 N Riley Ave, Indianapolis, IN 46201
• 

  /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
• 

  

  /27

  $160,000

  • 2 Beds
  • 1 Bath
  • 825 Sq Ft

  1738 Thaddeus St, Indianapolis, IN 46203

  Sitting in a growing Indianapolis neighborhood, 1738 Thaddeus Street offers easy access to Downtown, Fountain Square, and I-65. The home's open floor plan makes for comfortable day-to-day living, and the major updates have already been taken care of: new windows, roof, floors, bathroom, kitchen and mechanical systems. There's little left to do beyond moving in and making it your own. Out front, a

  Jeff Ealy Keller Williams Indy Metro NE

  1738 Thaddeus St, Indianapolis, IN 46203
• 

  

  /30

  $179,900

  • 3 Beds
  • 1 Bath
  • 864 Sq Ft

  3914 Catalina Ct, Indianapolis, IN 46226

  Welcome to this beautifully updated 3-bedroom, 1-bath home! This charming property features new lighting, new flooring, fresh paint throughout, and kitchen appliances included. The bathroom has been updated with beautiful ceramic tile finishes, adding a modern touch to the space. Enjoy the spacious fully fenced backyard - perfect for entertaining, pets, or simply relaxing outdoors. This home is

  Salhma Lauro-Alvarado F.C. Tucker Company

  3914 Catalina Ct, Indianapolis, IN 46226
• 

  

  /11

  $77,900

  $7K 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
• 

  

  /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
• 

  

  /16

  $103,000

  $2K PRICE DROP

  • 2 Beds
  • 1.5 Baths
  • 966 Sq Ft

  8350 Paso Del Norte Ct, Indianapolis, IN 46227

  Welcome to this charming 2-bedroom, 1.5-bath condo located on the desirable south side, just minutes from shopping, dining, and convenient highway access. This cute and cozy home is perfect for first-time homebuyers or investors looking to add to their rental portfolio. The property features a functional layout with updated flooring on the main level and a kitchen equipped with stainless steel

  Tanya Day Elite Realty & Development LLC

  8350 Paso Del Norte Ct, Indianapolis, IN 46227
• 

  

  /23

  $185,000

  $4K PRICE DROP

  • 2 Beds
  • 1 Bath
  • 984 Sq Ft

  316 W 39th St, Indianapolis, IN 46208

  Butler Tarkington Charmer // This 2 bed, 1 bath bungalow is ready for her next steward! She's flooded with abundant natural light and has hardwood floors throughout. The kitchen has tons of counter space and all stainless steel appliances - including a gas range and dishwasher. Character abounds with the decorative fireplace in the living room, and picture ledge in the dining room. Newer windows

  Anna Hassler Maywright Property Co.

  316 W 39th St, Indianapolis, IN 46208
• 

  

  /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
• 

  

  /18

  $159,500

  • 2 Beds
  • 1 Bath
  • 768 Sq Ft

  3526 E Vermont St, Indianapolis, IN 46201

  Discover this charming bungalow at 3526 E Vermont St. Newly renovated open floorplan this home features 2 bedrooms and 1 bath. the Kitchen is open to the dining area making it feel larger than it is. This property, built in 1919, has had an exterior facelift with new siding and a complete interior makeover. This home presents an opportunity to embrace a vibrant lifestyle within a desirable

  Fletch Daly New Quantum Realty Group

  3526 E Vermont St, Indianapolis, IN 46201
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  /13

  $129,900

  $2K PRICE DROP

  • 4 Beds
  • 2 Baths
  • 1,400 Sq Ft

  2403 N Parker Ave, Indianapolis, IN 46218

  Opportunity meets space, location, and potential in this 4 Bedroom, 2 full bath home located in the historic and up and coming Martindale-Brightwood neighborhood. Offering 2,240 total square feet, including a full basement, this home features a spacious living room, formal dining area, and a functional layout ready for your personal touch. A covered front porch adds charm and creates a welcoming

  Brian Williams Carpenter, REALTORS®

  2403 N Parker Ave, Indianapolis, IN 46218
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  /2

  $90,000

  $30K PRICE DROP

  • Land
  • 6,098 Sq Ft
  • $642,857 per Acre

  2029 Prospect St, Indianapolis, IN 46203

  one of four contiguous lots on Prospect St. in Fountain Square. Lots all listed as a package sale. Lots all zoned C 3. High traffic location with public transportation on Prospect. The new Municipal Buildings are close. It would be a great location for an office building, retail, car wash, or multi family.

  Joe Sullivan Sullivan Realty Group, LLC

  2029 Prospect St, Indianapolis, IN 46203
• 

  

  /3

  $25,000

  • Land
  • 7,840 Sq Ft
  • $138,889 per Acre

  3262 N Emerson Ave, Indianapolis, IN 46218

  Residential vacant lot for sale. Dimensions are 50X157 at 7,841 square feet. Acreage is .18 of an acres. Build to suit all of your ideas and needs on this one. Rather practical or a custom home, come on let's go.

  Cheryl Woodrum AMR Real Estate LLC

  3262 N Emerson Ave, Indianapolis, IN 46218
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  /24

  $108,500

  $21K PRICE DROP

  • 2 Beds
  • 1 Bath
  • 864 Sq Ft

  2240 Saint Paul St, Indianapolis, IN 46203

  This charming bungalow welcomes you with a cozy feel and a layout that offers more flexibility than you might expect. The spaces flow comfortably, making it easy to picture everyday living here. If you're looking for a home with character and a little extra room to make your own, this one is worth a visit. Built in 1950, this single-level SFR offers 864 square feet with a vinyl exterior and

  Terry Young Red Bridge Real Estate

  2240 Saint Paul St, Indianapolis, IN 46203
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  /3

  $40,000

  • Land
  • 4,791 Sq Ft
  • $363,636 per Acre

  528 N Lasalle St, Indianapolis, IN 46201

  Prime opportunity to develop or own land in one of the fastest growing neighborhoods in Indianapolis! This well positioned lot is zoned D-5 and will allow for single family or duplex dwellings to be built. Adjacent lot is also for sale and could be packaged into single transaction, lots of opportunity for development with the size of available land here. Minutes away from downtown, Irvington and

  Joel Newman Blue Sky Realty Group

  528 N Lasalle St, Indianapolis, IN 46201
• 

  /2

  $155,000

  • Land
  • 11,761 Sq Ft
  • $574,074 per Acre

  3504 Evergreen Ave, Indianapolis, IN 46205

  Christopher Roslender Roslender Realty LLC

  3504 Evergreen Ave, Indianapolis, IN 46205
• 

  

  /25

  $149,900

  $65K PRICE INCREASE

  • 2 Beds
  • 1 Bath
  • 780 Sq Ft

  3034 Newton Ave, Indianapolis, IN 46201

  If you're looking for a move in ready home near all that the near east side of Indianapolis has to offer, look no further. This home has 2 nicely sized bedrooms and a gorgeous full bath with tile shower, frameless glass walls, new vanity and LVP floors. Kitchen features quartz countertops, stainless steel appliances (installed before closing), brand new cabinets and on-trend lighting. LVP floors

  Joshua Carpenter Trueblood Real Estate

  3034 Newton Ave, Indianapolis, IN 46201
• 

  

  /4

  $79,900

  • Land
  • 5,227 Sq Ft
  • $665,833 per Acre

  1915 Hoyt Ave, Indianapolis, IN 46203

  Unlock the potential of this prime 40x136 (5,440 sq ft) lot, a blank slate for your dream project-whether it's sleek new townhomes or a custom single-family home. Surrounded by a dynamic scene of chic restaurants, quirky boutiques, and vibrant nightlife, this prime location invites your bold ideas to take shape.

  Hayley Wild Compass Indiana, LLC

  1915 Hoyt Ave, Indianapolis, IN 46203
• 

  

  /23

  $144,500

  $10K PRICE DROP

  • 2 Beds
  • 1 Bath
  • 996 Sq Ft

  2466 N Goodlet Ave, Indianapolis, IN 46222

  VERY MOTIVATED SELLER! Come out and discover the inviting charm of this single-family residence. This home is move-in ready offering a comfortable living space with all appliances staying including the washer and dryer. You will have peace of mind with a roof and water heater only 5 yrs old, HVAC and windows only 1 yr old. Spanning a single story, this property also features a dedicated laundry

  Jacqueline Barnett Brownstone Realty Group

  2466 N Goodlet Ave, Indianapolis, IN 46222
• 

  

  /16

  $95,000

  $55K PRICE DROP

  • 3 Beds
  • 1 Bath
  • 925 Sq Ft

  3520 N Butler Ave, Indianapolis, IN 46218

  Crafted for those seeking charm and convenience, 3520 North Butler Avenue is your gateway to a delightful living experience in Indianapolis. This inviting three-bedroom home welcomes you with its warm and timeless hardwood floors, setting the stage for cherished memories. Spanning 925 square feet, each room is thoughtfully designed to maximize space and comfort, offering an intimate yet open

  Maxwell Richter Wilmoth Group

  3520 N Butler Ave, Indianapolis, IN 46218
• 

  

  /3

  $25,000

  • Land
  • 5,227 Sq Ft
  • $208,333 per Acre

  1809 N Goodlet Ave, Indianapolis, IN 46222

  41 x 130 corner lot for sale.

  Mark Nottingham @properties

  1809 N Goodlet Ave, Indianapolis, IN 46222
• 

  

  /20

  $173,500

  $4K PRICE INCREASE

  • 4 Beds
  • 4 Baths

  1122 N Tuxedo St, Indianapolis, IN 46201

  This cash-flowing duplex at 1122 N Tuxedo St is bringing in $2,035/month in gross rents and is ready for its next owner to step in and start collecting from day one. Both sides are fully occupied, so there's no downtime, just immediate income. Each unit features 2 bedrooms and 1.5 baths, laid out over two spacious stories that live more like single-family homes. Whether you're looking to expand

  Mia Chatman Austyn Avenue Real Estate

  1122 N Tuxedo St, Indianapolis, IN 46201
• 

  

  /40

  $149,900

  • 3 Beds
  • 1.5 Baths
  • 1,300 Sq Ft

  4964 W 59th St, Indianapolis, IN 46254

  Thoughtfully remodeled from top to bottom, this move-in ready condo at 4964 W 59th St is sure to impress! Fresh paint throughout, brand-new cabinetry, sleek new countertops, and a fully remodeled bathroom bring a clean, modern feel to every corner. New LVP flooring on the main floor adds durability and style, while plush new carpet upstairs delivers warmth and comfort. The three-bedroom layout

  Chandra Sekhar Alokam Forthright Real Estate

  4964 W 59th St, Indianapolis, IN 46254
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  /8

  $179,999

  $5K PRICE DROP

  • 4 Beds
  • 2 Baths

  2921 E 18th St, Indianapolis, IN 46218

  All brick double in up and coming Brookside Park. New roof, new soffits, new gutters, new vinyl windows, new paint, flooring, etc. Take advantage of this solid investment!

  Christine Saleeb Trueblood Real Estate

  2921 E 18th St, Indianapolis, IN 46218
• 

  

  /7

  $170,000

  • 2 Beds
  • 2 Baths
  • 666 Sq Ft

  1221 W Lee St, Indianapolis, IN 46221

  1221/1223 W Lee ST, INDIANAPOLIS, IN, discover a charming Duplex offering 1 bedroom 1 bathroom per side 666 square feet of living space. This ready-to-move-in home presents a unique opportunity for tranquil living. With a generous lot size of 11326 square feet ready to build an additional house. this property provides ample outdoor space, complemented by a welcoming porch perfect for quiet

  Carolyn Gonzalez AMR Real Estate LLC

  1221 W Lee St, Indianapolis, IN 46221
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  /26

  $170,000

  New Construction

  • 3 Beds
  • 2.5 Baths
  • 1,271 Sq Ft

  2611 E New York St, Indianapolis, IN 46201

  BACK ON MARKET- Buyer did not submit earnest money. FINAL UNIT- AMAZING NEW CONSTRUCTION of Three-Story Townhome Development for Affordable Buyers. This is a wonderful three bedroom, 2.5 bath home has gorgeous kitchen with quartz counters and stainless steel appliances included in the sale. Convenient 2nd story laundry room. Ensuite master bath. This is part of the Englewood CDC's Temple Avenue

  David Price Fathom Realty

  2611 E New York St, Indianapolis, IN 46201
• 

  

  /18

  $114,900

  $5K PRICE DROP

  • 3 Beds
  • 2 Baths
  • 834 Sq Ft

  1342 Lee St, Indianapolis, IN 46221

  This is a fantastic 3 bedroom 2 full bath home! This well-laid-out property features a detached garage, providing added storage and convenience, along with a yard that offers plenty of room for outdoor enjoyment, gardening, pets, or entertaining. Inside, you'll find a practical floor plan with three bedrooms and two full baths, making the home a great fit for a variety of living needs. Whether

  Darshan Soni Market Street Realty LLC

  1342 Lee St, Indianapolis, IN 46221
• 

  

  /21

  $149,900

  • 3 Beds
  • 1 Bath
  • 1,042 Sq Ft

  2921 E Brookside Ave, Indianapolis, IN 46218

  Discover the perfect blend of classic charm and modern updates in this beautifully renovated 3-bedroom bungalow, nestled in the sought-after Brookside Park neighborhood on Indy's Near Eastside. From the moment you arrive, the inviting covered porch welcomes you into a home that feels brand new. Step inside to an efficient, light-filled floor plan featuring fresh paint, updated flooring, and

  Andy Tresize Compass Indiana, LLC

  2921 E Brookside Ave, Indianapolis, IN 46218
• 

  

  /19

  $95,000

  • 2 Beds
  • 1 Bath
  • 966 Sq Ft

  6456 Lupine Terrace, Indianapolis, IN 46224

  2 bed 1 bath condo in Wayne Township. Remodeled in 2023 including all new cosmetics and plumbing. Tenant occupied on a month-to-month basis paying $1200/m. Tenants rights in effect. HOA responsible for exterior maintenance. HOA fee $115/m. Shared garage space. Reach out to listing agent for walkthrough details. Selling as-is, seller will make no repairs.

  Sam Huesman Pillario Property Management LLC

  6456 Lupine Terrace, Indianapolis, IN 46224
• 

  

  /19

  $150,000

  $10K PRICE DROP

  • 4 Beds
  • 2 Baths

  2617 S Lockburn St, Indianapolis, IN 46241

  2 br/ 1 bath shotgun style duplex. Inviting front porch and lots of back yard space. Listing includes adjacent vacant lot. Both units have laundry area. Unit 2619 has a cellar style basement with entrance from inside the home. 2617 has laundry room in back of kitchen. Unit 2619 has a separate rear porch laundry. Please note Unit 2617 is currently tenanted for $880 monthly+ water Great income

  Alex Lissade-Gardner F.C. Tucker Company

  2617 S Lockburn St, Indianapolis, IN 46241
• 

  /2

  $40,000

  • Land
  • 4,791 Sq Ft
  • $363,636 per Acre

  554 N Lasalle St, Indianapolis, IN 46201

  Prime opportunity to own land in one of the fastest growing neighborhoods in Indianapolis! This well positioned lot is zoned D-5 and will allow for single family or duplex dwellings to be built. Minutes away from downtown, Irvington and the new Bottleworks District. Lots of remodeled homes on this block, new builds in the area, commercial development as well. The Near East Side Neighborhood has

  Joel Newman Blue Sky Realty Group

  554 N Lasalle St, Indianapolis, IN 46201
• 

  

  /28

  $1,000

  • 3 Beds
  • 2 Baths
  • 1,872 Sq Ft

  3236 Central Ave, Indianapolis, IN 46205

  For Sale by Court Appointed Auctioneer. Opportunity to acquire 3236 Central Ave a single family residence located in Indianapolis, Indiana. This 3-bedroom, 2 full bath home features hardwood floors throughout much of the living space, spacious bedrooms, updated tile bathrooms, generous closet storage, and an inviting floor plan filled with natural light. Ideally located just minutes from the

  Brayden Sammons Keller Williams Indy Metro Partners

  3236 Central Ave, Indianapolis, IN 46205
• 

  

  /29

  $179,900

  • 2 Beds
  • 2 Baths

  3701 N Capitol Ave, Indianapolis, IN 46208

  An exceptional turn-key investment or premier "house-hacking" opportunity awaits at 3701 N Capitol Ave, a charming Indianapolis duplex packed with recent capital improvements. Capitalize on immediate rental income from one side currently generating $725/month, while utilizing the vacant, newly refreshed unit that features a fresh bathroom remodel (2024), a newer water heater (installed within the

  Mina Kadhum Trueblood Real Estate

  3701 N Capitol Ave, Indianapolis, IN 46208

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