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

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  /35

  $189,000

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

  2627 Fox Valley Place, Indianapolis, IN 46268

  Unique 2 BDRM, 2 FULL Bath, 1 Half Bath End Unit Condo overlooking the pond and treeline. Nicely updated unit with laminate hardwoods on the main level and real hardwood floors on the stairs and 2nd level. White painted kitchen cabinets with stainless appliances and butcher block counters. The dining area has a great view of the pond and treeline. Washer/Dryer conveniently located on the main

  Shari Dykes Carpenter, REALTORS®

  2627 Fox Valley Place, Indianapolis, IN 46268
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  /14

  $179,000 Open Sun 11AM - 1PM

  • 3 Beds
  • 1 Bath
  • 1,151 Sq Ft

  3027 Alice Ave, Indianapolis, IN 46237

  A sense of welcome is what you feel when entering this bungalow located within 5 minutes of I 65 and 15 minutes from downtown Indy. This home is move-in condition that promises immediate comfort. New roof. updated wiring, new water heater, new flooring, new bathroom fixtures, new counters, new sink, new paint, new deck and new gravel are just a few of the updates waiting for you to bring your

  Terisa Messmer Key Realty Indiana

  3027 Alice Ave, Indianapolis, IN 46237
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  /21

  $120,000

  • 2 Beds
  • 1 Bath
  • 720 Sq Ft

  1313 S Riley Ave, Indianapolis, IN 46203

  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

  1313 S Riley Ave, Indianapolis, IN 46203
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  /13

  $90,000

  • 2 Beds
  • 1.5 Baths
  • 1,425 Sq Ft

  2809 Shriver Ave, Indianapolis, IN 46208

  A rare opportunity in a prime location with exceptional potential and long-term value. Ideally situated just minutes from the Children's Museum, local universities, and downtown Indianapolis, this home offers both convenience and strong market positioning. This 2-bedroom home includes a versatile upper level, ideal for a potential third bedroom or an additional living area. Surrounded by

  Jessica Montalvo RE/MAX Advanced Realty

  2809 Shriver Ave, Indianapolis, IN 46208
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  /19

  $184,900

  • 3 Beds
  • 1.5 Baths
  • 960 Sq Ft

  5334 Straw Hat Ct, Indianapolis, IN 46237

  Opportunity is knocking! This charming home is perfect for a first-time buyer ready to stop renting or an investor seeking a smart addition to their portfolio. With endless potential and room to grow, this is where your next chapter begins. Move-in ready and beautifully refreshed! This home features fresh paint throughout, brand-new stainless steel appliances, and a spacious backyard perfect for

  Tamika Patterson BLK Key Realty

  5334 Straw Hat Ct, Indianapolis, IN 46237
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  /10

  $159,900

  • 2 Beds
  • 1 Bath
  • 768 Sq Ft

  4416 N Mitchner Ave, Indianapolis, IN 46226

  Completed updated and attractive bungalow in Lawrence! 2 bedroom, 1 bath house has new furnace, roof, kitchen, flooring, bathroom, vinyl windows, lighting, stainless steel kitchen appliances, stackable washer & dryer, granite countertops, fresh interior and exterior paint, new gravel driveway, and more. Hurry before this move-in ready charmer is gone!

  Brian Hicks Lawyers Realty, LLC

  4416 N Mitchner Ave, Indianapolis, IN 46226
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  /24

  $138,000

  • 3 Beds
  • 1 Bath
  • 864 Sq Ft

  8340 E 41st Place, Indianapolis, IN 46226

  Welcome to your new home! This charming 3-bedroom, 1-bath ranch offers a comfortable and inviting layout, perfect for everyday living. Step right into the living area, where the home's space creates an easy, natural flow throughout. The home features an eat-in kitchen with updated countertops, cabinets, hardware, and flooring, creating a clean and modern feel. The layout continues seamlessly with

  Nina Klemm F.C. Tucker Company

  8340 E 41st Place, Indianapolis, IN 46226
• 

  

  /30

  $120,000

  • 3 Beds
  • 1 Bath
  • 1,066 Sq Ft

  2714 Baltimore Ave, Indianapolis, IN 46218

  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

  2714 Baltimore Ave, Indianapolis, IN 46218
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  /33

  $159,900

  • 2 Beds
  • 1 Bath
  • 952 Sq Ft

  7231 E Troy Ave, Indianapolis, IN 46239

  Charming 2-bedroom, 1-bath bungalow in Franklin Township! This home features a covered front porch, fresh paint throughout, brand-new carpet, and updated light fixtures. The layout includes a nicely sized laundry room for added functionality. Outside, you'll find a fully fenced backyard along with a gardening shed (mini barn) for extra storage. Recent updates include a new water heater. A solid,

  Jim Perry Ever Real Estate, LLC

  7231 E Troy Ave, Indianapolis, IN 46239
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  /23

  $160,000

  • 3 Beds
  • 2 Baths
  • 1,576 Sq Ft

  901 N Parker Ave, Indianapolis, IN 46201

  RENTED FOR $1,600/MONTH, this Near Eastside single-family is generating income on day one with a lease in place through June 2026. A well-maintained 3-bed home just minutes from downtown Indianapolis - a straightforward, no-hassle addition to any rental portfolio.

  Max Moore @properties

  901 N Parker Ave, Indianapolis, IN 46201
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  /5

  $50,000

  • Land
  • 0.07 Acre
  • $714,286 per Acre

  2529 Madison Ave, Indianapolis, IN 46225

  Look no further! Fantastic opportunity to build. Numerous possibilities on this D5 lot. There are 3 additional lots next to this lot available for sale as well. Find yourself located with easy access to the interstate and downtown. Bring your ideas and dreams into reality! Check it out today!

  Sarah Fishburn F.C. Tucker Company

  2529 Madison Ave, Indianapolis, IN 46225
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  /6

  $50,000

  • Land
  • 0.07 Acre
  • $714,286 per Acre

  2525 Madison Ave, Indianapolis, IN 46225

  Look no further! Fantastic opportunity to build. Numerous possibilities on this D5 lot. There are 3 additional lots next to this lot available for sale as well. Find yourself located with easy access to the interstate and downtown. Bring your ideas and dreams into reality! Check it out today!

  Sarah Fishburn F.C. Tucker Company

  2525 Madison Ave, Indianapolis, IN 46225
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  /28

  $160,000

  • 3 Beds
  • 1.5 Baths
  • 1,445 Sq Ft

  2625 Wheeler St, Indianapolis, IN 46218

  Welcome to this full brick wrap ranch offering 3 bedrooms and 1.5 baths with a 1-car attached garage, situated on a gently elevated homesite with pleasant neighborhood sightlines. Inside, you'll find hardwood flooring throughout the living room and bedrooms, providing a classic foundation ready to shine again. The kitchen and dining combo feature ceramic tile flooring, offering a functional

  Kelvin Hart Fathom Realty

  2625 Wheeler St, Indianapolis, IN 46218
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  /2

  $80,000

  • 2 Beds
  • 1 Bath
  • 1,200 Sq Ft

  2816 W 10th St, Indianapolis, IN 46222

  Opportunity awaits with this home on West 10th Street ready for your personal touch. Whether you're looking to renovate, invest, or create your ideal home, this property offers great potential. The additional lot next door provides extra space to build, expand, or enjoy a larger outdoor area.

  Erin Anderson F.C. Tucker Company

  2816 W 10th St, Indianapolis, IN 46222
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  /4

  $165,000

  • 3 Beds
  • 2 Baths
  • 1,984 Sq Ft

  4257 Weaver Ave, Indianapolis, IN 46227

  This charming all-brick ranch is ready to welcome a new family willing to roll up their sleeves and add their personal touch. While this home needs some tender loving care, it offers incredible potential, with its solid foundation and good bones promising years of comfortable living. The three-bedroom, two-bathroom layout provides ample space for growing families, with a partially updated kitchen

  Jamie Suchotzky Red Hot, REALTORS LLC

  4257 Weaver Ave, Indianapolis, IN 46227
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  /5

  $30,000

  • Land
  • 0.1 Acre
  • $300,000 per Acre

  5011 E 16th St, Indianapolis, IN 46201

  Commercial vacant land ready for ideas! Lot is situated at 32' X 131'. The area is busy and a great spot to set up shop!

  Cheryl Woodrum AMR Real Estate LLC

  5011 E 16th St, Indianapolis, IN 46201
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  /30

  $130,000

  • 2 Beds
  • 1.5 Baths
  • 1,216 Sq Ft

  7472 Countrybrook Dr, Indianapolis, IN 46260

  Welcome to this beautifully updated 2-bedroom, 1.5-bath home that perfectly blends modern style, smart design, and low-maintenance living in a prime Indianapolis location! From the moment you step inside, you'll love the fresh paint, stylish finishes, and seamless flooring-featuring waterproof laminate on the main level and hardwood floors upstairs. The standout kitchen offers a sleek,

  Blake Cardenas CENTURY 21 Scheetz

  7472 Countrybrook Dr, Indianapolis, IN 46260
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  /20

  $174,900

  • 2 Beds
  • 1 Bath
  • 744 Sq Ft

  2021 E Legrande Ave, Indianapolis, IN 46203

  Charming 2-bedroom, 1-bath bungalow ideally located near downtown, Garfield Park, and with easy interstate access. This home features beautiful real hardwood floors and retains its original character throughout. Enjoy a fully fenced yard, a detached garage, and a full basement offering plenty of potential for additional living space or storage. All kitchen appliances, as well as the washer and

  Hellena Robinett Highgarden Real Estate

  2021 E Legrande Ave, Indianapolis, IN 46203
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  /3

  $50,000

  • Land
  • 0.56 Acre
  • $89,286 per Acre

  5650 E 27th St, Indianapolis, IN 46218

  Commercial lot sits on 0.56 of an acre. 130'X187'. Why not build a new business, take your imagination and talent as far as it goes.

  Cheryl Woodrum AMR Real Estate LLC

  5650 E 27th St, Indianapolis, IN 46218
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  /3

  $149,900

  • Land
  • 0.11 Acre
  • $1,362,727 per Acre

  1215 S East St, Indianapolis, IN 46225

  Prime commercial opportunity in the heart of Bates Hendricks! This approximately 147' x 33' lot offers incredible potential in one of downtown Indianapolis' fastest-growing and most vibrant neighborhoods. Positioned in a high-visibility area with strong residential and commercial growth, this site is ideal for a variety of uses-whether you're looking to develop retail, office, mixed-use, or a

  Sarah Fishburn F.C. Tucker Company

  1215 S East St, Indianapolis, IN 46225
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  /16

  $134,900

  • 2 Beds
  • 1 Bath
  • 900 Sq Ft

  2754 S Lyons Ave, Indianapolis, IN 46241

  This charming 2-bedroom, 1 full bath home is move-in ready and perfect whether you're a first-time buyer, downsizing, or looking for a solid investment. Enjoy a comfortable layout with the opportunity to add your own personal touches and truly make it feel like home!

  Salhma Lauro-Alvarado F.C. Tucker Company

  2754 S Lyons Ave, Indianapolis, IN 46241
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  /25

  $162,500

  • 3 Beds
  • 1 Bath
  • 925 Sq Ft

  2601 N Boehning St, Indianapolis, IN 46219

  Welcome to 2601 N Boehning Street, where modern updates meet everyday comfort! This beautifully renovated 3-bedroom, 1-bath home has been thoughtfully updated from top to bottom, offering a truly move-in-ready experience. Step inside to find a bright and inviting layout featuring fresh finishes, updated flooring, and a stylish, modern feel throughout. The kitchen has been completely refreshed

  Scott Chain RE/MAX Advanced Realty

  2601 N Boehning St, Indianapolis, IN 46219
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  /29

  $174,900

  • 2 Beds
  • 1 Bath

  1529 Hiatt St, Indianapolis, IN 46221

  Situated at 1529 Hiatt St. this distinctive 2 bed, 1 bath duplex presents an inviting home ready for immediate occupancy. Add to your portfolio as an investment property or live on one side to "house hack". This home is tastefully updated on both sides and was previously rented at $850/month. All utilities are split and there is plenty of off-street parking around back. The location is perfect

  Brendan Sullivan FS Houses LLC

  1529 Hiatt St, Indianapolis, IN 46221
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  /14

  $139,000

  • 3 Beds
  • 1.5 Baths
  • 1,464 Sq Ft

  3757 Caroline Ave, Indianapolis, IN 46218

  A vacant 3-bed/1.5-bath single-family with a detached garage sitting in one of Indianapolis's most connected corridors - easy access to Downtown, Broad Ripple, and the Fairgrounds all within minutes. Move-in ready for a tenant, this is a clean value-add opportunity at $139,900 with no waiting and no red tape.

  Max Moore @properties

  3757 Caroline Ave, Indianapolis, IN 46218
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  /33

  $184,900

  • 2 Beds
  • 1.5 Baths
  • 1,104 Sq Ft

  2033 E Legrande Ave, Indianapolis, IN 46203

  Charming 2-bedroom, 1.5-bath bungalow featuring beautiful hardwood floors throughout. Step into a welcoming living room that flows seamlessly into the dining area, creating a bright and open feel. The kitchen offers recent updates, and all appliances are included for added convenience. Enjoy the spacious family room, complete with a half bath and a large storage closet-perfect for entertaining or

  Hellena Robinett Highgarden Real Estate

  2033 E Legrande Ave, Indianapolis, IN 46203
• 

  

  /7

  $50,000

  • Land
  • 0.07 Acre
  • $714,286 per Acre

  2521 Madison Ave, Indianapolis, IN 46225

  Look no further! Fantastic opportunity to build. Numerous possibilities on this D5 lot. There are 3 additional lots next to this lot available for sale as well. Find yourself located with easy access to the interstate and downtown. Bring your ideas and dreams into reality! Check it out today!

  Sarah Fishburn F.C. Tucker Company

  2521 Madison Ave, Indianapolis, IN 46225
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  /3

  $25,000

  • Land
  • 0.18 Acre
  • $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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  /2

  $18,900

  • Land
  • 0.17 Acre
  • $111,176 per Acre

  2310 E 24th St, Indianapolis, IN 46218

  40X190 Vacant lot sitting and ready to be built on. Just imagine, build the home of your dreams, a custom home that could be very economical.

  Cheryl Woodrum AMR Real Estate LLC

  2310 E 24th St, Indianapolis, IN 46218
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  /29

  $165,000

  • 1 Bed
  • 1 Bath
  • 876 Sq Ft

  8176 Shorewalk Dr, Indianapolis, IN 46236

  If you are looking for the minimalist lifestyle in Geist, this condo is for you. Located one level up grants an amazing tree top view and of Geist lake! All new appliances, lighting, FLVP flooring, carpet, updated bathroom and a wide open floor plan means you truly can move right in and unpack the boxes! This community has been beloved by many over the years featuring a community pool where

  Angela Duggan F.C. Tucker Company

  8176 Shorewalk Dr, Indianapolis, IN 46236
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  /2

  $50,000

  • Land
  • 0.13 Acre
  • $384,615 per Acre

  2507 Columbia Ave, Indianapolis, IN 46205

  Great opportunity minutes to downtown, Monon Trail, and the Near Northside/Martingdale- Brightwood corridor. Vacant lot with city utilities available nearby (buyer to verify). Bring your plans and builder to create a new project in a rapidly developing area.

  Christina Eslinger F.C. Tucker Company

  2507 Columbia Ave, Indianapolis, IN 46205
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  /7

  $119,900

  • 2 Beds
  • 1 Bath
  • 834 Sq Ft

  1909 Union St, Indianapolis, IN 46225

  RENTED FOR $1,200/MONTH, this Old Southside single-family is generating income on day one with a lease in place through November 2026. Located just minutes from downtown Indianapolis, this is a low entry point at $129,900 with a tenant already in place - no work, no wait.

  Max Moore @properties

  1909 Union St, Indianapolis, IN 46225
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  /6

  $50,000

  • Land
  • 0.07 Acre
  • $714,286 per Acre

  2517 Madison Ave, Indianapolis, IN 46225

  Look no further! Fantastic opportunity to build. Numerous possibilities on this D5 lot. There are 3 additional lots next to this lot available for sale as well. Find yourself located with easy access to the interstate and downtown. Bring your ideas and dreams into reality! Check it out today!

  Sarah Fishburn F.C. Tucker Company

  2517 Madison Ave, Indianapolis, IN 46225
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  /2

  $115,000

  • 2 Beds
  • 1 Bath
  • 832 Sq Ft

  1440 Herschell Ave, Indianapolis, IN 46202

  RENTED FOR $1,425/MONTH, this West Indianapolis single-family is generating income on day one with a lease in place through September 2026. Walking distance to Riverside Park, this is a low entry point at $115,000 with a reliable tenant already in place - an easy add to any rental portfolio.

  Max Moore @properties

  1440 Herschell Ave, Indianapolis, IN 46202
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  /36

  $90,100

  • 3 Beds
  • 2 Baths
  • 1,523 Sq Ft

  25 N Ewing St, Indianapolis, IN 46201

  This is the kind of home that catches your eye the moment you arrive-full of charm, character, and a welcoming front porch that invites you in. Step inside and you'll find a flexible layout that can easily adapt to your needs. Whether you're looking for a place to call home or an opportunity with potential, this one is worth a look. Built in 1925, this two-level home offers 1,478 square feet and

  Terry Young Red Bridge Real Estate

  25 N Ewing St, Indianapolis, IN 46201
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  /35

  $159,900

  • 3 Beds
  • 1 Bath
  • 925 Sq Ft

  419 Berkley Rd, Indianapolis, IN 46208

  This li'l sweetie is nestled neatly into a delightful parcel and stretch of Berkley with amazing walkability/proximity to Butler University. Fully fenced rear yard can easily accommodate a future garage. Bring your vision and transform/add to this no nonsense 1930 ranch - OR - seamless use as a rental property for years to come. Three bedrooms, 1 bath, generous living area, all appliances remain,

  Jonathan Eriksen CENTURY 21 Scheetz

  419 Berkley Rd, Indianapolis, IN 46208
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  /23

  $170,000

  • 3 Beds
  • 1 Bath
  • 744 Sq Ft

  8231 E 50th St, Indianapolis, IN 46226

  Nestled in the highly sought-after Harrison Park neighborhood in Lawrence Township, this stunningly updated 3-bedroom home offers the perfect blend of modern style and everyday functionality. Step inside to discover a bright, open-concept floorplan that's perfectly suited for today's living. Freshly painted walls, newer flooring, and updated light fixtures create a warm, inviting ambiance

  Andy Tresize Compass Indiana, LLC

  8231 E 50th St, Indianapolis, IN 46226
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  /2

  $40,000

  • Land
  • 0.16 Acre
  • $250,000 per Acre

  945 Lasalle St, Indianapolis, IN 46201

  Opportunity awaits. Build your next home or investment property in one of Indianapolis's fastest growing urban neighborhoods. This (fully fenced) residential lot sits minutes from downtown, the Monon Trail, Bottleworks district, and the dining and nightlife of Mass Ave.

  Christina Eslinger F.C. Tucker Company

  945 Lasalle St, Indianapolis, IN 46201
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  /29

  $189,900

  • 3 Beds
  • 2 Baths
  • 1,104 Sq Ft

  4306 Hoyt Ave, Indianapolis, IN 46203

  Fully updated 3 bedroom 2 bathroom home in Christian Park! Large living room with tons of natural light. Primary suite has double closets, ensuite bathroom and linen closet. Second and third bedrooms are tucked away near the back of the home with immediate access to second full bathroom. Massive kitchen is great for additional gathering space and plenty of options for dining area. Fully fenced in

  Joel Newman Blue Sky Realty Group

  4306 Hoyt Ave, Indianapolis, IN 46203
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  /42

  $114,500

  • 6 Beds
  • 2 Baths

  412 N Oakland Ave, Indianapolis, IN 46201

  BANK OWNED - Double that was converted by prior owner to 2 sep. condominiums. The whole building is for sale not just the individual units. 3BR's 1 Bath per side with basement. Alley access for rear parking. This one could be made to be nice and possibly rent for $1,000+ a month. It is missing electrical so there is no power. Take a flash light to show. No utilities to inspect. Please, view

  Jackie Lovell New Quantum Realty Group

  412 N Oakland Ave, Indianapolis, IN 46201
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  /2

  $32,900

  • Land
  • 0.13 Acre
  • $253,077 per Acre

  1845 Luther St, Indianapolis, IN 46203

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

  Derek Morgan Unreal Estate LLC

  1845 Luther St, Indianapolis, IN 46203

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