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

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  /20

  $85,000

  • 2 Beds
  • 1 Bath
  • 1,102 Sq Ft

  5613 E Washington St Unit 16, Indianapolis, IN 46219

  Rare co-op opportunity right in the middle of downtown Irvington! CASH ONLY. This 2 bed / 1 bath still has nearly all of it's original 1920's charm! From the built in corner cabinets, to the archways in the living spaces and the hardwood floors in the bedrooms, the character is all there! With an updated bathroom and tons of natural light, this home is ready to be turned into the next owners

  Porter Bouvier Keller Williams Indy Metro NE

  5613 E Washington St Unit 16, Indianapolis, IN 46219
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  /6

  $95,900

  $54K PRICE DROP

  • 2 Beds
  • 1 Bath
  • 1,845 Sq Ft

  724 E Beecher St, Indianapolis, IN 46203

  Bates Hendricks single family home with recent renovations completed. Great addition to your rental portfolio in a high value gentrifying area. Home has two additional rooms upstairs in the converted attic space. With a little more work to finalize, this could be a nice asset in a strong rental market.

  Brian Pachciarz Estansion Group by BLP

  724 E Beecher St, Indianapolis, IN 46203
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  /18

  $129,000

  $1K PRICE DROP

  • 2 Beds
  • 1 Bath
  • 736 Sq Ft

  1949 N Colorado Ave, Indianapolis, IN 46218

  Income-producing rental property available in Indianapolis! This well-maintained and updated 2-bedroom, 1-bath home is tenant-occupied and generating immediate cash flow for its next owner. Offering approximately 736 square feet, the property features a practical floor plan, updated kitchen and bath, central air, and a detached garage. Conveniently situated near shopping, dining, employment

  Heather Upton Keller Williams Indy Metro NE

  1949 N Colorado Ave, Indianapolis, IN 46218
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  /14

  $134,900

  $5K PRICE DROP

  • 2 Beds
  • 1 Bath
  • 725 Sq Ft

  2941 Stuart St, Indianapolis, IN 46218

  Check out this quaint two bedroom bungalow, just a minutes walk to local North Mass Ave favorites like Momma's Kitchen and Washington Park! This home got a fresh cosmetic renovation in 2025 and now features new LVP, a beautiful kitchen with white shaker cabinets and butcher-block countertops, along with an updated primary bathroom. Check this one out before it's gone!

  Trent Kiester @properties

  2941 Stuart St, Indianapolis, IN 46218
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  /8

  $115,000

  • 3 Beds
  • 1 Bath
  • 744 Sq Ft

  1416 Groff Ave, Indianapolis, IN 46222

  Presenting a compelling opportunity at 1416 Groff Ave. Located on Indianapolis' near west side, this property offers a great opportunity for a buyer looking to build equity or an investor seeking their next project. The location puts you close to downtown, neighborhood parks, and everyday west-side convenience. With redevelopment activity and long-term potential in the surrounding area, this is

  Mike Scott Scott Estates

  1416 Groff Ave, Indianapolis, IN 46222
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  /2

  $32,500

  $3K PRICE DROP

  • Land
  • 5,227 Sq Ft
  • $270,833 per Acre

  2025 E 44th St, Indianapolis, IN 46205

  Affordable South Broad Ripple Lot For Sale! Longterm investment or build your next home! Currently property, zoned D5, is being sold with home to the east but the lot can be sold separately. There used to be a home on the lot. Per Google Streetview, it seems the structure was removed after 2011. The seller doesn't have any information beyond that.

  Justin Capps Ferris Property Group

  2025 E 44th St, Indianapolis, IN 46205
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  /34

  $190,000

  $20K PRICE DROP

  • 2 Beds
  • 2 Baths
  • 2,184 Sq Ft

  802 W 42nd St, Indianapolis, IN 46208

  Investor's dream in Butler-Tarkington! Just steps from Butler University, this property is full of potential and ready for your vision. Whether you're looking to renovate, resell or create a strong rental income stream, the location alone makes this an opportunity you don't want to miss. Featuring 2 bedrooms and 2 full baths, plus a basement with the potential to add a third bedroom, this home is

  LaToya Dix Dix Realty Group

  802 W 42nd St, Indianapolis, IN 46208
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  /29

  $164,900

  $20K PRICE DROP

  • 2 Beds
  • 1 Bath
  • 850 Sq Ft

  2624 E 18th St, Indianapolis, IN 46218

  Step into class with this freshly remodeled home near Factory Arts district! Walk through the front door and feel the home open up, from the living room all the way to the kitchen. This home has been designed for modern convenience and elegant style. Float over the luxury flooring that carries through the entire home. This high end flooring will greet you every day and keep the home not just

  Alexander Moore FULL CANOPY REAL ESTATE, LLC

  2624 E 18th St, Indianapolis, IN 46218
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  /6

  $190,000

  • 3 Beds
  • 2 Baths
  • 1,308 Sq Ft

  3810 Wallace Ave, Indianapolis, IN 46226

  Welcome to this well-maintained 3-bedroom, 2-bathroom single-family home located in Indianapolis. The exterior features an asphalt shingle roof, vinyl siding, vinyl double-hung windows, newer gutters, and updated exterior doors, offering both durability and curb appeal. Inside, the home offers vinyl flooring, drywall finishes, and neutral paint throughout, creating a bright and cohesive living

  Steve Flanagan R. P. Lux Company

  3810 Wallace Ave, Indianapolis, IN 46226
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  /26

  $164,900

  $5K PRICE DROP

  • 3 Beds
  • 1 Bath
  • 1,056 Sq Ft

  1724 N Tibbs Ave, Indianapolis, IN 46222

  Welcome to this charming and move-in-ready 3-bedroom bungalow in the Rainbow Ridge neighborhood, offering warm and inviting living spaces throughout and making it a great opportunity for first-time homebuyers or investors. The spacious living room features a cozy wood-burning fireplace, while the kitchen and dining area provide a functional layout ideal for everyday living. All three bedrooms

  Mamadou Gueye Trueblood Real Estate

  1724 N Tibbs Ave, Indianapolis, IN 46222
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  /16

  $148,000

  • 2 Beds
  • 1 Bath
  • 912 Sq Ft

  2526 English Ave, Indianapolis, IN 46201

  Step inside this welcoming, all-brick ranch in the rapidly developing Twin Aire neighborhood and discover a bright, open single-level home packed with potential. Featuring two comfortable bedrooms, one full bathroom, and all appliances included, this property offers a highly functional layout that is perfect for first-time buyers or savvy investors. Previously operated as a successful mid-term

  Dan McNeal @properties

  2526 English Ave, Indianapolis, IN 46201
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  /25

  $159,900

  $30K PRICE DROP

  • 3 Beds
  • 1 Bath
  • 1,128 Sq Ft

  8304 Schoen Dr, Indianapolis, IN 46226

  Completely remodeled and move in ready! This beautifully updated home offers modern living with NO HOA restrictions! Enjoy a brand new kitchen and a stunning bathroom featuring custom tile work, along with a new roof for added peace of mind. The spacious layout features a desirable split floorplan, with the primary bedroom privately situated on one side of the home and two additional bedrooms on

  Batch Ceesay @properties

  8304 Schoen Dr, Indianapolis, IN 46226
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  /37

  $187,900

  • 2 Beds
  • 2 Baths
  • 1,442 Sq Ft

  6509 Emerald Hill Ct Unit 102, Indianapolis, IN 46237

  Welcome to popular Windslow Crossing! Enjoy maintenance-free living at its best, with the perfect combination of convenience and privacy. This beautifully updated ground-level condo features an attached garage and a spacious split-floor plan with 2 bedrooms, 2 full baths, plus a den/office/flex space that could easily serve as a third bedroom. High-end finishes include luxury vinyl plank flooring

  Tyler Halcomb Keller Williams Indy Metro Partners

  6509 Emerald Hill Ct Unit 102, Indianapolis, IN 46237
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  /6

  $35,000

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

  271 Miley Ave, Indianapolis, IN 46222

  2 homes directly to the south recently remodeled.

  Steve Flanagan R. P. Lux Company

  271 Miley Ave, Indianapolis, IN 46222
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  /26

  $176,310

  • 2 Beds
  • 1.5 Baths
  • 1,334 Sq Ft

  2513 Chaseway Ct, Indianapolis, IN 46268

  Discover sophisticated condominium living at 2513 Chaseway, INDIANAPOLIS, IN, USA. Built in 1981, this 1334 square foot residence offers a refined lifestyle within a manageable 4502 square foot lot. The home unfolds over two inviting stories, offering distinct living zones. The residence provides two well-appointed bedrooms, ensuring comfortable private spaces. Complementing these are one full

  Chavon Powell eXp Realty LLC

  2513 Chaseway Ct, Indianapolis, IN 46268
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  /29

  $115,000

  $10K PRICE DROP

  • 3 Beds
  • 1 Bath
  • 798 Sq Ft

  3118 W 9th St, Indianapolis, IN 46222

  Great starter home ready for new owners. Updated 3 BR/1 BA shotgun/bungalow w/ tasteful updates boasts new LVP flooring and fresh paint throughout. Kitchen has new fridge & stove.. The bathroom has new tile shower surround and wood grain vanity. Main level Laundry space and breakfast nook round out the main level. Small Basement adds some additional storage space. Newer pex plumbing and New flush

  Jason Williamson RE/MAX Advanced Realty

  3118 W 9th St, Indianapolis, IN 46222
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  /38

  $125,300

  • 3 Beds
  • 1.5 Baths
  • 1,460 Sq Ft

  7516 E 46th St, Indianapolis, IN 46226

  This traditional two-story home is full of character and offers the space you've been looking for. From the moment you arrive, you'll appreciate its timeless appeal and the opportunity to make it your own. Built in 1900, this home offers 1,460 square feet of living space with 3 bedrooms and 1.5 baths. Featuring a brick and vinyl exterior, vinyl windows, and a functional two-story layout, this

  Terry Young Red Bridge Real Estate

  7516 E 46th St, Indianapolis, IN 46226
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  /30

  $134,900

  • 3 Beds
  • 1 Bath
  • 906 Sq Ft

  933 N Routiers Ave, Indianapolis, IN 46219

  Discover the charm of 933 N Routiers AVE, a delightful single-family residence in INDIANAPOLIS, IN. Built in 1959, this inviting home offers 906 square feet of comfortable living space, perfectly situated on a generous 9104 square foot lot. This home offers three well-proportioned bedrooms, providing ample private space for relaxation and personal pursuits. The single full bathroom is

  Samuel Nieves-Montanez Trelora Realty

  933 N Routiers Ave, Indianapolis, IN 46219
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  /28

  $149,900

  $34K PRICE DROP

  • 3 Beds
  • 1 Bath
  • 1,280 Sq Ft

  5927 E 23rd St, Indianapolis, IN 46218

  Charming Stone Bungalow with Modern Updates! Fall in love with this adorable 2-bedroom bungalow, complete with a spacious bonus room perfect for a home office, guest space, or playroom. The home features a welcoming blend of stone and vinyl siding, freshly painted for crisp curb appeal. Inside, you'll find new flooring throughout and an updated kitchen that's as stylish as it is functional. The

  Nina Klemm F.C. Tucker Company

  5927 E 23rd St, Indianapolis, IN 46218
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  /2

  $50,000

  • Land
  • 9,147 Sq Ft
  • $238,095 per Acre

  2259 Dr Martin Luther King jr St, Indianapolis, IN 46208

  Great lot on MKLK close to everything: hospital, highways, downtown Indy, parks, museums, higher education. And in an area where new building is occurring. Hoping to sell in a package of three, with 2315 Dr Martin Luther King Jr Street, and 311 W 26th Street.

  Jeff Schafer F.C. Tucker Company

  2259 Dr Martin Luther King jr St, Indianapolis, IN 46208
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  /3

  $30,000

  $5K PRICE DROP

  • Land
  • 3,920 Sq Ft
  • $333,333 per Acre

  922 W 26th St, Indianapolis, IN 46208

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

  Mark Nottingham @properties

  922 W 26th St, Indianapolis, IN 46208
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  /15

  $120,000

  $19K PRICE DROP

  • 4 Beds
  • 2 Baths

  24 S Euclid Ave, Indianapolis, IN 46201

  Sharpened pricing and real upside in Christian Park. This 2 bed / 1 bath per unit duplex sits just five miles east of downtown Indianapolis. One unit is leased month-to-month at $900; the second sits vacant and ready to lease, giving you immediate income with room to stabilize. At $900 per side, the numbers pencil to an 11%+ projected cap rate with strong debt coverage under current financing.

  Colton Haymon @properties

  24 S Euclid Ave, Indianapolis, IN 46201
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  /31

  $134,900

  • 3 Beds
  • 1 Bath
  • 1,117 Sq Ft

  1525 Comer Ave, Indianapolis, IN 46203

  Fantastic opportunity to own a charming 3-bedroom cottage in the rapidly growing Bean Creek area! This 1910 bungalow offers a perfect blend of historic character and modern potential. The functional layout features a bright living space and a cozy kitchen area. A full basement provides excellent storage solutions or space for a hobby area. Step outside to a manageable city lot with a private

  Isabella Frazier Trelora Realty

  1525 Comer Ave, Indianapolis, IN 46203
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  /2

  $175,000

  $75K PRICE DROP

  • Land
  • 2.44 Acres
  • $71,721 per Acre

  200 S Harbison Ave, Indianapolis, IN 46239

  Nestled in a serene and peaceful residential setting, this 2.44-acre parcel is a combined three-lot opportunity at 200 South Harbison Avenue, Indianapolis, IN, 46219. Surrounded by mature trees and just moments from key local landmarks, this expansive lot is a blank canvas for your dream home, multiple residences, or an investment project. Enjoy a quiet, suburban feel with convenient access to

  Henry Arias Indiana Real Estate Group, LLC

  200 S Harbison Ave, Indianapolis, IN 46239
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  /2

  $24,900

  • Land
  • 6,534 Sq Ft
  • $166,000 per Acre

  2404 E 79th St, Indianapolis, IN 46240

  Ready to build your dream home or investment property? This lot at 2404 E 79th St in Indianapolis offers an incredible opportunity. With ample space and a fantastic location, this land is perfect for new construction. Buyer to perform their own due diligence regarding zoning, utilities, and any potential uses for the property.

  Stephanie Brinkley F.C. Tucker Company

  2404 E 79th St, Indianapolis, IN 46240
• 

  

  /23

  $138,000

  $17K PRICE DROP

  • 4 Beds
  • 2 Baths
  • 1,446 Sq Ft

  2116 Brookside Ave, Indianapolis, IN 46218

  This spacious 4-bedroom home features a desirable floor plan with the primary bedroom conveniently located on the main level and three additional bedrooms upstairs. The kitchen is equipped with stainless steel appliances, including a refrigerator, dishwasher, and gas stove, as well as a center island with a cooktop, making it perfect for cooking and entertaining. Additional features include a

  Robin Hicks F.C. Tucker Company

  2116 Brookside Ave, Indianapolis, IN 46218
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  /2

  $27,900

  • Land
  • 2,613 Sq Ft
  • $465,000 per Acre

  3607 Boulevard Place, Indianapolis, IN 46208

  'Residential vacant lot on the near north westside of town, Center-Hill area. This parcel is located a few minutes from Butler University and Downtown Indianapolis. The lot size is 35' x 78' suitable for new construction. Public utilities available, water. sewer. gas. and electric.

  Alicia Taylor Snyder Strategy Realty, Inc

  3607 Boulevard Place, Indianapolis, IN 46208
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  /36

  $112,000

  $13K PRICE DROP

  • 2 Beds
  • 1 Bath
  • 837 Sq Ft

  918 N Elder Ave, Indianapolis, IN 46222

  Welcome home to 918 N Elder Ave, Indianapolis-a charming 1930s bungalow that's entirely move-in ready! Offering effortless single-story living, this home is perfect for anyone seeking comfort, accessibility, and classic character. Property Highlights: Cozy Layout: 837 sq. ft. of thoughtfully designed, easy-to-maintain living space. Flexible Living: 2 comfortable bedrooms ready for your personal

  Gloria Gear Keller Williams Indy Metro Partners

  918 N Elder Ave, Indianapolis, IN 46222
• 

  

  /17

  $130,000

  • 3 Beds
  • 1 Bath
  • 910 Sq Ft

  3539 E 34th St, Indianapolis, IN 46218

  Welcome home to this charming 3 bedroom, 1 bath ranch located in the heart of central Indianapolis! This well maintained home offers comfortable single level living with added bonus of a nice sized basement, providing ample storage and potential for additional living space. A detached one car garage adds convenience and functionality. This home offers easy access to downtown Indianapolis and all

  Angel Lissade Scott Estates

  3539 E 34th St, Indianapolis, IN 46218
• 

  

  /18

  $134,900

  • 3 Beds
  • 1 Bath
  • 1,433 Sq Ft

  3950 N Elizabeth St, Indianapolis, IN 46226

  Welcome to this solid 3-bedroom, 1-bathroom brick ranch in the established Virginia Highlands area! Boasting over 1,433 square feet of single-level living space, this home features a spacious main living area highlighted by a classic masonry fireplace. The functional floor plan includes efficient kitchen spaces, dedicated utility connections, and comfortable bedroom sizes with ample natural

  Samuel Nieves-Montanez Trelora Realty

  3950 N Elizabeth St, Indianapolis, IN 46226
• 

  

  /3

  $30,000

  $5K PRICE DROP

  • Land
  • 4,356 Sq Ft
  • $300,000 per Acre

  934 W Roache St, Indianapolis, IN 46208

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

  Mark Nottingham @properties

  934 W Roache St, Indianapolis, IN 46208
• 

  

  /3

  $100,000

  • Land
  • 3,484 Sq Ft
  • $1,250,000 per Acre

  930 Olive St, Indianapolis, IN 46203

  Build your vision in one of Indianapolis' most vibrant and rapidly growing neighborhoods! This cleared and level residential lot in Fountain Square offers a rare opportunity to construct a new home in an area known for its strong property values, ongoing redevelopment, and convenient access to downtown Indianapolis. Located on a city street with municipal water, sewer, gas, and electric service

  Charlene Gaard No Limit Real Estate, LLC

  930 Olive St, Indianapolis, IN 46203
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  /60

  $160,000

  $20K PRICE DROP

  • 2 Beds
  • 1 Bath
  • 760 Sq Ft

  1511 Maxine Rd, Indianapolis, IN 46240

  Looking for a home with great bones and the opportunity to make it your own? This 2-bedroom, 1-bath home offers solid condition with room for cosmetic updates-perfect for buyers wanting to add personal touches or investors seeking their next project. Situated on a spacious double lot in Ravenswood, this property features a gravel driveway and plenty of outdoor potential. A great opportunity to

  Gloria Gear Keller Williams Indy Metro Partners

  1511 Maxine Rd, Indianapolis, IN 46240
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  /32

  $189,900

  $10K PRICE DROP

  • 2 Beds
  • 1.5 Baths
  • 1,579 Sq Ft

  1534 N Lasalle St, Indianapolis, IN 46201

  Location, Location, Location. Check out this 2 bed 1-1/2 bath updated bungalow located just steps from the 108 acre Brookside Park. This 1,579 sq. ft. home offers a 10 minute drive to downtown and 5 minute drive to Mass Ave. The area experiences walkers, bicyclists and outdoor enthusiasts. Brookside Park offers access to the Monan Trail. Brand new playground with swings. 20,000 sq. ft. family

  Jeff Hazelett Better Homes and Gardens, Firs

  1534 N Lasalle St, Indianapolis, IN 46201
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  /26

  $170,000

  $5K PRICE DROP

  • 2 Beds
  • 1 Bath
  • 816 Sq Ft

  2515 S New Jersey St, Indianapolis, IN 46225

  Charming Southside bungalow just minutes from Garfield Park! This 2-bedroom, 1-bath home blends classic character with everyday comfort, featuring natural hardwood floors throughout the main level and beautiful built-in shelving and storage in both the dining room and one of the bedrooms. The inviting layout offers a warm, functional flow, while the full basement provides additional space for

  Isaiah Ullery Steve Lew Real Estate Group, LLC

  2515 S New Jersey St, Indianapolis, IN 46225
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  /32

  $180,000

  • 4 Beds
  • 3 Baths
  • 2,480 Sq Ft

  1425 Churchman Ave, Indianapolis, IN 46203

  This budding opportunity is just waiting for those ready to have a custom home or to flip a house for profit! With a completed and durable cement fiber composite siding, this home sits with a gutted interior and partial drywall perfect for customizing an interior to fit you or your clients' desires. Drywall to cover the home is on site. If you are looking for a property to build to your liking

  Reuben Upadhyay Better Homes and Gardens Real Estate Gold Key

  1425 Churchman Ave, Indianapolis, IN 46203
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  /2

  $18,900

  • Land
  • 6,534 Sq Ft
  • $126,000 per Acre

  2921 N Euclid Ave, Indianapolis, IN 46218

  Residential vacant lot in the heart of Indianapolis. Great new build opportunity.

  Alicia Taylor Snyder Strategy Realty, Inc

  2921 N Euclid Ave, Indianapolis, IN 46218
• 

  

  /17

  $189,900

  $5K PRICE DROP

  • 3 Beds
  • 1.5 Baths
  • 1,517 Sq Ft

  3326 Gerrard Ave, Indianapolis, IN 46224

  Welcome to 3326 Gerrard AVE, Indianapolis, IN, USA - a beautifully maintained single-family residence, offering 1517 square feet of comfortable living space. Home is ready for its next chapter, providing a seamless transition for its new owners. This charming ranch-style home features three well-proportioned bedrooms, providing ample personal space for everyone. Complementing these are one full

  Maria Zegarra Giraldo Keller Williams Indy Metro Partners

  3326 Gerrard Ave, Indianapolis, IN 46224
• 

  

  /20

  $185,924

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

  10924 St Petersburg Way, Indianapolis, IN 46229

  Welcome home to this cozy 2 bed, 2 full bath condominium in this 55+ community. "Ready to move in" isn't just a phrase, it's a promise for an inviting home. Neutral colors so you can make it your own. Enjoy a cup of coffee in the sunroom/den area on sunny mornings. Sidewalks around the neighborhood with benches, so you can sit and chat with a neighbor or watch the sunset over the pond. Extended 2

  Karen Sauer Crossroads Real Estate Group LLC

  10924 St Petersburg Way, Indianapolis, IN 46229
• 

  

  /41

  $189,900

  • 2 Beds
  • 2 Baths
  • 1,664 Sq Ft

  1028 N Tuxedo St, Indianapolis, IN 46201

  Welcome home to this beautifully remodeled Move-In Ready 2 Suite, 2 bath 1746 SF Gem! Perfect for roommates, guests, multi-generational living or first-time buyers wanting flexibility. Thoughtfully updated from top to bottom, this home combines historic charm with modern conveniences, offering two true bedroom suites on the main level-each featuring its own private full bathroom with stylish tile

  Andy Ludlow eXp Realty, LLC

  1028 N Tuxedo St, Indianapolis, IN 46201

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