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

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  /55

  $165,000

  • 2 Beds
  • 2 Baths
  • 1,124 Sq Ft

  5011 Opal Ridge Ln Unit 208, Indianapolis, IN 46237

  Welcome to 5011 Opal Ridge Lane #208 in Windslow Crossing. This well cared for condo features 2 spacious bedrooms, 2nd floor balcony facing an immense treeline and an open main area floor plan. The spacious Kitchen/Dining Room provides ample space for guest and dinner parties in the evening. The Primary Bedroom features a private en-suite accompanied with a walk in closet. New flooring in the

  Tyre Shelton Hoosier, REALTORS®

  5011 Opal Ridge Ln Unit 208, Indianapolis, IN 46237
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  /18

  $144,900

  • 2 Beds
  • 1 Bath
  • 999 Sq Ft

  4933 E 39th St, Indianapolis, IN 46226

  Welcome home to this charming 3-bedroom, 1-bathroom brick ranch in Washington Township! Step inside to a spacious living room featuring classic hardwood flooring that flows seamlessly into the light-filled, eat-in kitchen. This move-in-ready property offers comfortable living with central air and cozy, carpeted bedrooms. Outside, enjoy a sizable, partially fenced backyard-perfect for outdoor

  Samuel Nieves-Montanez Trelora Realty

  4933 E 39th St, Indianapolis, IN 46226
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  /20

  $145,000

  • 3 Beds
  • 1 Bath
  • 946 Sq Ft

  3743 Crescent Ave, Indianapolis, IN 46208

  Charming 3 bedroom 1 bath home perfect for a first time homebuyer or investment opportunity! Centrally and conveniently located close to downtown, this property offers comfortable living space with great potential. Currently tenant-occupied, it provides immediate rental income for investors. A great opportunity to addition your portfolio or make your own home in desirable location close to

  Awett Tedla F.C. Tucker Company

  3743 Crescent Ave, Indianapolis, IN 46208
• 

  

  /2

  $29,000

  • Land
  • 4,356 Sq Ft
  • $290,000 per Acre

  576 Lynn St, Indianapolis, IN 46222

  Great opportunity to build your own home! Lot can also be purchased with adjacent lot 572 Lynn St. All due diligence (including survey, utility connection information, building codes, etc.) are the sole responsibility of the buyer.

  Nicole Crouch Crossroads Realty, LLC

  576 Lynn St, Indianapolis, IN 46222
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  /12

  $124,900

  $4K PRICE DROP

  • 3 Beds
  • 1 Bath
  • 1,036 Sq Ft

  2964 E 42nd St, Indianapolis, IN 46205

  Great investment opportunity for investor or owner occupant. Nice size living room with fireplace, formal dining room and a bonus room with lots of windows that can be used as a den/library. Nice size lot in a great neighborhood. Home is sold ASIS and does need work. Home is Broker owned.

  Tim Bradley Discover Properties, LLC

  2964 E 42nd St, Indianapolis, IN 46205
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  /33

  $99,900

  $5K PRICE DROP

  • 3 Beds
  • 1 Bath
  • 980 Sq Ft

  3711 N Butler Ave, Indianapolis, IN 46218

  Charming single-family home located in the Arlington Woods area of Indianapolis. This property features a practical layout with multiple bedrooms and a full bath, offering a solid opportunity for homeowners or investors. Conveniently situated near local roads, schools, and essential amenities, the home provides easy access to downtown Indianapolis while maintaining a quiet residential setting.

  Isabella Frazier Trelora Realty

  3711 N Butler Ave, Indianapolis, IN 46218
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  /7

  $139,900

  $30K PRICE DROP

  • 3 Beds
  • 2 Baths
  • 1,372 Sq Ft

  1613 Draper St, Indianapolis, IN 46203

  This property needs some renovations and your touch! Are you the right investor to come and bring this property up to value and reap all the benefits?

  Mike Scott Scott Estates

  1613 Draper St, Indianapolis, IN 46203
• 

  

  /20

  $134,900

  • 4 Beds
  • 2 Baths
  • 1,344 Sq Ft

  2615 Collier St, Indianapolis, IN 46241

  This spacious 4-bedroom, 2-bath home offering comfort, updates, and investment potential. A large covered front porch, perfect for relaxing and enjoying the outdoors. Inside, you'll find updated flooring in the living room and kitchen, along with updated kitchen cabinets. The large laundry room is an added convenience. Additional features include a 1-car detached garage, newer furnace, water

  Connie Jurey House Smart Realty, LLC

  2615 Collier St, Indianapolis, IN 46241
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  /4

  $124,900

  $45K PRICE DROP

  • 1 Bed
  • 1 Bath

  767 N Elder Ave, Indianapolis, IN 46222

  Great investment opportunity at 767-769 N Elder Ave. This property is a fantastic opportunity for an investor or buyer looking to renovate and make it their own. The sale also includes the adjacent vacant lot at 763 N Elder Avenue, providing additional possibilities for expansion, development, or added outdoor space. Property is being sold as-is.

  Jasmine Tracy BHB Real Estate Group

  767 N Elder Ave, Indianapolis, IN 46222
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  /35

  $175,000

  $23K PRICE DROP

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

  1925 N Oxford St, Indianapolis, IN 46218

  Welcome to 1925 N Oxford St. This charming residence features a perfect blend of modern amenities and classic appeal, making it an ideal choice for homebuyers. Key Features include: 3 Bedrooms, 1.5 Bathrooms, a flex space: An additional area that can serve as a home office, playroom, or den, providing flexibility to suit your lifestyle and an Enclosed Sunroom: Enjoy morning coffee or relax in the

  Vanetta Rogers BLK Key Realty

  1925 N Oxford St, Indianapolis, IN 46218
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  /6

  $60,000

  $10K PRICE DROP

  • Land
  • 4,791 Sq Ft
  • $545,455 per Acre

  1428 Oliver Ave, Indianapolis, IN 46221

  Prime Development Opportunity. Unlock the potential of this versatile parcel currently zoned C1, offering a wide range of commercial uses - with potential for residential redevelopment or re-zoning. Previously home to a duplex, this lot presents a unique opportunity for investors, builders, or developers looking to capitalize on its flexible use possibilities. Utilities are already on site,

  Sarah Fishburn F.C. Tucker Company

  1428 Oliver Ave, Indianapolis, IN 46221
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  /4

  $125,000

  • 4 Beds
  • 1.5 Baths
  • 1,296 Sq Ft

  9701 Ellis Ct, Indianapolis, IN 46235

  Investor special and value-add opportunity in the heart of Indianapolis' Far Eastside! This 4-bedroom, 2-bath single-family home offers approximately 1,296 sq ft of living space and is ready for its next chapter. Property is being sold strictly AS-IS, with no repairs or warranties provided by the seller-ideal for investors, rehabbers, or buyers looking to customize and build equity.

  Isabella Frazier Trelora Realty

  9701 Ellis Ct, Indianapolis, IN 46235
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  /5

  $119,900

  • Land
  • 9,583 Sq Ft
  • $545,000 per Acre

  3419 N College Ave, Indianapolis, IN 46205

  Looking for an opportunity to invest in downtown Indianapolis? Look no further, discover endless possibilities with this newly listed 9,583 sq ft lot at 3419 North College Ave, Indy. Comes with architecture plans for modern duplex. Your future starts here! Seller financing available.

  Adriana Perez CENTURY 21 Scheetz

  3419 N College Ave, Indianapolis, IN 46205
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  /32

  $94,900

  • 2 Beds
  • 1 Bath
  • 1,120 Sq Ft

  3518 N Capitol Ave, Indianapolis, IN 46208

  This charming bungalow blends timeless character with the comfort of easy, single-level living. From the moment you arrive, you'll appreciate the inviting feel and the cozy layout that makes this home so appealing. Whether you're looking for a starter home, a place to downsize, or a smart investment, this one is worth a closer look. Built in 1910, this home offers 1,054 square feet of living

  Terry Young Red Bridge Real Estate

  3518 N Capitol Ave, Indianapolis, IN 46208
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  /2

  $21,000

  • Land
  • 5,662 Sq Ft
  • $161,538 per Acre

  3542 Kinnear Ave, Indianapolis, IN 46218

  Buyer to verify the lot can be used for their intended use. Buyer to verify zoning, utilities and building requirements.

  Shannon Adair Canon Real Estate Services LLC

  3542 Kinnear Ave, Indianapolis, IN 46218
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  /32

  $120,000

  • 3 Beds
  • 1 Bath
  • 1,008 Sq Ft

  3915 Brookville Rd, Indianapolis, IN 46201

  INVESTOR SPECIAL! Properties are offered as a portfolio or select groupings: 5708 N Keystone Ave (22092987), 5414 E 11th St (22093025), 317-319 N Dequincy St (22093033), 3915 Brookville Rd (22093043), 2714 Baltimore Rd (22093049), and 1313 S Riley Ave (22093055). Video tours, rent roll, and financials available on request. All homes are tenant-occupied; tenants are open to extending leases.

  Esther Ang eXp Realty, LLC

  3915 Brookville Rd, Indianapolis, IN 46201
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  /9

  $110,000

  $10K PRICE DROP

  • 3 Beds
  • 1 Bath
  • 920 Sq Ft

  2165 White Ave, Indianapolis, IN 46202

  This 3-bedroom, 1 full bathroom home is a great addition to any investor's portfolio. The property is currently tenant-occupied, providing immediate rental income from day one. Tenants' rights apply, making this an ideal opportunity for buyers looking for a seamless, income-producing asset. This property is being offered as part of a portfolio sale alongside 857 W 25th Street, creating a unique

  Jessica Green CityPlace Realty

  2165 White Ave, Indianapolis, IN 46202
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  /2

  $84,900

  • Land
  • 1.44 Acres
  • $58,958 per Acre

  1115 Touchstone Dr, Indianapolis, IN 46239

  Discover the perfect place to build your dream home in the beautiful Stable Chase Estates, located in South Warren Township. This spacious 1.44-acre lot offers the ideal blend of privacy, convenience, and community - nestled in a serene setting yet just minutes from shopping, dining, schools, and major highways like Brookeville Rd and I-465.

  Jimmy Dulin II eXp Realty LLC

  1115 Touchstone Dr, Indianapolis, IN 46239
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  /2

  $40,000

  $9K PRICE DROP

  • Land
  • 10,890 Sq Ft
  • $160,000 per Acre

  2834 Eastern Ave, Indianapolis, IN 46218

  Vacant Lot Available - 0.25 Acres with Utilities Access! Looking for the perfect spot to build your dream home or invest in land? This 0.25-acre lot is ready for your vision! Utilities available - easy connection for water, sewer, and electric Quarter acre of land - plenty of space while still low-maintenance Great potential Whether you're a homeowner, builder, or investor, this lot offers

  Carolyn Gonzalez AMR Real Estate LLC

  2834 Eastern Ave, Indianapolis, IN 46218
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  /21

  $149,900

  • 2 Beds
  • 1 Bath
  • 1,448 Sq Ft

  839 S Taft Ave, Indianapolis, IN 46241

  Great Investment Opportunity or Simple Starter Home! Very ample space w/ this 2 bedroom 1 bath bungalow featuring a bonus room up front for more living space. Entertain for the holidays in this open kitchen space & nicely painted formal dining room w/built in window nook. Cute bedrooms & dedicated laundry space. Step out to this fully fenced big back yard w/ storage shed is ready to be

  Jesus Cuevas Carpenter, REALTORS®

  839 S Taft Ave, Indianapolis, IN 46241
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  /32

  $134,900

  $10K PRICE DROP

  • 3 Beds
  • 1 Bath
  • 900 Sq Ft

  3302 Wellington Ave, Indianapolis, IN 46226

  Discover the potential at 3302 Wellington AVE, a 1959 ranch-style single-family residence in INDIANAPOLIS, IN, USA. This 900 square foot home offers a foundation for creating your ideal living space, situated on a generous 7187 square foot lot. The property provides three bedrooms, offering versatile space for rest or creative pursuits. A single full bathroom serves the home, designed for

  Isabella Frazier Trelora Realty

  3302 Wellington Ave, Indianapolis, IN 46226
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  /2

  $10,000

  • Land
  • 2,178 Sq Ft
  • $200,000 per Acre

  2812 Wilcox St, Indianapolis, IN 46222

  33 X 64 lot for sale.

  Mark Nottingham @properties

  2812 Wilcox St, Indianapolis, IN 46222
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  /2

  $30,000

  $15K PRICE DROP

  • Land
  • 6,969 Sq Ft
  • $187,500 per Acre

  2057 Caroline Ave, Indianapolis, IN 46218

  40 X 171 lot for sale.

  Mark Nottingham @properties

  2057 Caroline Ave, Indianapolis, IN 46218
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  /4

  $150,000

  • 2 Beds
  • 1 Bath
  • 912 Sq Ft

  1837 W Wilkins St, Indianapolis, IN 46221

  Investment Opportunity: 1837 W Wilkins St, Indianapolis, IN 46221 This charming 2-bedroom, 1-bathroom single-family home offers a prime investment opportunity with a tenant already in place. Spanning 912 sq ft on a 6,142 sq ft lot, the property is situated in a revitalizing neighborhood, making it an attractive addition to any real estate portfolio. Built: 1925 Living Area: 912 sq ft Lot Size:

  Thomas Colvin eXp Realty, LLC

  1837 W Wilkins St, Indianapolis, IN 46221
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  /39

  $182,500

  $8K PRICE DROP

  • 2 Beds
  • 2 Baths
  • 864 Sq Ft

  7625 Orchard Village Dr, Indianapolis, IN 46217

  This home qualifies for a Bank of America Mortgage Home Loan Grant! America's Home Grant program, offered by Bank of America, provides a lender credit that covers up to $7,500 in closing costs. The best part? This gift is completely free and doesn't have to be repaid! Who doesn't like free money?! Enjoy the ease of single-story living at 7625 Orchard Village Dr, a welcoming ranch-style home on a

  Carol Bullock RE/MAX Advanced Realty

  7625 Orchard Village Dr, Indianapolis, IN 46217
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  /20

  $150,000

  $30K PRICE DROP

  • 3 Beds
  • 2 Baths
  • 1,321 Sq Ft

  2022 N Alton Ave, Indianapolis, IN 46222

  New construction ranch offering 3 bedrooms and 2 full baths, ready for final touches. This single-story home features a functional open layout and solid construction throughout. All major systems-including plumbing, electrical, and HVAC-have been fully inspected and approved by the city. The remaining building materials are included with the sale, allowing the next owner to complete the home to

  Barbara Whiteside Keller Williams Indy Metro NE

  2022 N Alton Ave, Indianapolis, IN 46222
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  /3

  $79,900

  $39K PRICE DROP

  • Land
  • 7,405 Sq Ft
  • $470,000 per Acre

  2710 Boulevard Place, Indianapolis, IN 46208

  A buildable residential lot in a neighborhood that is experiencing revitalization. Located within walking distance to Ivy Tech, The Children's Museum and a few blocks from the red line. Utilities are available to tap into.

  Eric Lantz F.C. Tucker Company

  2710 Boulevard Place, Indianapolis, IN 46208
• 

  

  /15

  $184,000

  • 4 Beds
  • 2 Baths

  6203 E 12th St, Indianapolis, IN 46219

  Calling all investors! Don't miss this excellent opportunity to add to your portfolio with this 2 bedroom, 1 bath duplex located on the east side. Convenient storage shed in the backyard and parking available up front. With strong income potential, this property is a great addition for both new and seasoned investors.

  Edwin Watson Triple E Realty, LLC

  6203 E 12th St, Indianapolis, IN 46219
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  /24

  $159,900

  • 3 Beds
  • 1 Bath
  • 1,456 Sq Ft

  4640 W 73rd St, Indianapolis, IN 46268

  At 4640 W 73rd ST in INDIANAPOLIS, IN, discover a charming single-family residence built in 1920, offering 832 square feet of thoughtfully designed living space across two stories. This property presents an opportunity to cultivate a vibrant lifestyle within a classic setting. The three bedrooms provide comfortable private retreats, each offering versatile space for rest or personal pursuits. The

  Samuel Nieves-Montanez Trelora Realty

  4640 W 73rd St, Indianapolis, IN 46268
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  /23

  $168,000

  $22K PRICE DROP

  • 3 Beds
  • 1.5 Baths
  • 1,076 Sq Ft

  4419 Pepperidge Ct, Indianapolis, IN 46235

  Charming, completely renovated home. Large, secluded backyard with mature trees and a fire pit. Newly roof, 2023. Brand new flooring, fresh paint. Lawrence School. House is ready for your business and/or leisure. The house has been successfully rented out for several decades.

  Tatiana Wheeler GOOD JOB REALTY LLC

  4419 Pepperidge Ct, Indianapolis, IN 46235
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  /27

  $165,000

  $5K PRICE DROP

  • 2 Beds
  • 1 Bath
  • 914 Sq Ft

  1857 Calvin St, Indianapolis, IN 46203

  Nestled at 1857 Calvin ST in INDIANAPOLIS, IN, USA, awaits a single family residence presented as a ready-to-move-in and inviting home. This property, built in 1959, offers a charming and comfortable living experience across its 914 square feet of carefully designed space.

  Laura Moreno F.C. Tucker Company

  1857 Calvin St, Indianapolis, IN 46203
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  /3

  $40,000

  • Land
  • 5,662 Sq Ft
  • $307,692 per Acre

  641 N Oxford 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

  641 N Oxford St, Indianapolis, IN 46201
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  /34

  $129,900

  $15K PRICE DROP

  • 3 Beds
  • 1 Bath
  • 1,144 Sq Ft

  960 N Bazil Ave, Indianapolis, IN 46219

  Charming home in a quiet eastside Indianapolis neighborhood! This property offers comfortable living with a functional layout, spacious yard, and great potential to make it your own. Conveniently located near shopping, dining, schools, and quick access to I-465 and downtown. Perfect for first-time buyers or investors looking for a solid opportunity. Don't miss this one!

  Isabella Frazier Trelora Realty

  960 N Bazil Ave, Indianapolis, IN 46219
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  /13

  $175,000

  • Land
  • 2.35 Acres
  • $74,468 per Acre

  430 N Buck Creek Rd, Indianapolis, IN 46229

  Beautiful 2.35 Acre lot in Hancock County-Mt. Vernon Community Schools! Excellent location, mature trees galore, driveway, pole barn, machine shed, and fencing already in place! Sewer and water are on site! Blank canvas ready for you to build your dream home!

  Alicia Barr HIGH BARR Real Estate, LLC

  430 N Buck Creek Rd, Indianapolis, IN 46229
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  /29

  $120,000

  $5K PRICE DROP

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

  8116 Cheswick Dr, Indianapolis, IN 46219

  Don't hesitate to check out this rarely available Warren Township condo in the desirable Chatham Walk complex that is a must see! This gorgeous unit features updated floors throughout, an updated kitchen with newer cabinets / appliances / countertops, a fully rehabbed full and half bathroom with a new tub / vanities / fixtures and fresh paint throughout. The unit also features a full sized

  David Yates Full Circle Realty, LLC

  8116 Cheswick Dr, Indianapolis, IN 46219
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  /33

  $169,900

  • 4 Beds
  • 2.5 Baths
  • 2,976 Sq Ft

  8305 E Michigan St, Indianapolis, IN 46219

  Experience the charm of 8305 E Michigan ST, a single-family residence in INDIANAPOLIS, IN, built in 1957, offering 1578 square feet of living space. This delightful two-story home is thoughtfully designed for comfortable living and offers a generous connection to the outdoors. With four bedrooms, this home provides ample personal space for everyone. The two full bathrooms and one half bathroom

  Samuel Nieves-Montanez Trelora Realty

  8305 E Michigan St, Indianapolis, IN 46219
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  /49

  $94,750

  $20K PRICE DROP

  • 2 Beds
  • 2 Baths
  • 1,955 Sq Ft

  302 S Holmes Ave, Indianapolis, IN 46222

  This classic up-and-down home immediately stands out with its timeless charm and welcoming presence. The layout offers flexibility and function across two levels, making it easy to envision comfortable everyday living or creative use of the space. Properties with this kind of versatility don't come along often, and this one is best appreciated in person. Built in 1907, this two-level home offers

  Terry Young Red Bridge Real Estate

  302 S Holmes Ave, Indianapolis, IN 46222
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  /25

  $124,900

  $15K PRICE DROP

  • 2 Beds
  • 1 Bath
  • 720 Sq Ft

  4339 Spann Ave, Indianapolis, IN 46203

  Don't miss this delightful 2-bedroom, 1-bathroom single-family home situated in the sought-after Christian Park neighborhood. With a surge of investment flowing into the area, now is an ideal time to invest in this promising community. Perfect for a first-time homebuyer that wants to use a renovation loan to buy and renovate, or an investor looking to add to their portfolio. The home is currently

  Andy Tresize Compass Indiana, LLC

  4339 Spann Ave, Indianapolis, IN 46203
• 

  

  /28

  $164,800

  $15K PRICE DROP

  • 2 Beds
  • 1 Bath
  • 1,062 Sq Ft

  621 N Bradley Ave, Indianapolis, IN 46201

  This charming 2-bedroom, 1 full bath ranch home offers comfortable living with a functional open-concept layout connecting the living room, kitchen, and dining area. The kitchen features a convenient breakfast bar and includes all kitchen appliances, making move-in easy. Two generously sized bedrooms provide comfortable retreats, while the clean basement offers additional storage or potential

  Lindsey Smalling Highgarden Real Estate

  621 N Bradley Ave, Indianapolis, IN 46201
• 

  

  /22

  $129,900

  • 3 Beds
  • 1 Bath
  • 1,196 Sq Ft

  3001 N Richardt Ave, Indianapolis, IN 46226

  Experience the charm of classic American architecture at 3001 N Richardt AVE, INDIANAPOLIS, IN. Built in 1953, this single-family residence, spanning 1196 square feet, offers a unique blend of timeless design and modern potential. This single-story home provides three comfortable bedrooms, offering flexible spaces for rest and personalization. A well-appointed full bathroom serves the home,

  Samuel Nieves-Montanez Trelora Realty

  3001 N Richardt Ave, Indianapolis, IN 46226

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