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

• 

  

  

  /22

  $140,000

  • 3 Beds
  • 1 Bath
  • 1,079 Sq Ft

  5429 E Burgess Ave, Indianapolis, IN 46219

  This 2-bedroom, 1-bath home offers over 1000 sq feet of comfortable living space and brings in $850 per month in rental income. The layout is spacious and functional, appealing to long-term tenants. Situated on the east side of Indianapolis, it's close to school, parks, and major roads. A dependable investment with consistent cashflow.

  Thomas Colvin eXp Realty, LLC

  5429 E Burgess Ave, Indianapolis, IN 46219
• 

  

  /2

  $105,000

  $5K PRICE DROP

  • Land
  • 4,791 Sq Ft
  • $954,545 per Acre

  725 E 25th St, Indianapolis, IN 46205

  Seann Tischler F.C. Tucker Company

  725 E 25th St, Indianapolis, IN 46205
• 

  

  

  /19

  $135,000

  $5K PRICE DROP

  • 2 Beds
  • 2 Baths

  4920 E 34th St, Indianapolis, IN 46218

  Attention Investors and owner occupants! Here you go! There is a tenant in unit two for instant income. Place a new tenant in unit one, or live in unit one and let the tenant chip in to pay most of your mortgage. Win/win either way. Current owner bought this as a sfh conversion. Property had been transformed into two individual rental units. Both units are being managed by a professional property

  Pamela Brown PMI Indianapolis

  4920 E 34th St, Indianapolis, IN 46218
• 

  

  

  /34

  $160,000

  • 3 Beds
  • 1 Bath
  • 1,304 Sq Ft

  4929 W Caven St, Indianapolis, IN 46241

  Move-in ready 3-bedroom, 1-bath home offering comfort, convenience, and thoughtful updates throughout. The attached 1-car garage includes additional space for a workshop, hobby area, or extra storage. Inside, you'll find a beautifully remodeled kitchen with newer appliances, an upgraded refrigerator and range hood, ample cabinet space, and a functional layout ideal for everyday living. The

  Timothy Bennett 1 Percent Lists Indiana Real Estate

  4929 W Caven St, Indianapolis, IN 46241
• 

  

  

  /14

  $149,900

  $9K PRICE DROP

  • 3 Beds
  • 1.5 Baths
  • 1,109 Sq Ft

  5342 Culver St, Indianapolis, IN 46226

  Welcome to 5342 Culver Street in Indianapolis. This brick ranch offers 3 bedrooms, 1.5 bathrooms, and 1,109 square feet of living space. The functional floor plan provides comfortable everyday living, while the unfinished basement offers additional storage and potential for future use. Outside, you'll find a fully fenced backyard with a privacy fence, creating a great space for pets,

  Megan Riggen Mark Dietel Realty, LLC

  5342 Culver St, Indianapolis, IN 46226
• 

  

  /15

  $145,000

  $5K PRICE DROP

  • 2 Beds
  • 2 Baths

  251 S Dearborn St, Indianapolis, IN 46201

  Welcome to this recently renovated 1 bed, 1 bath duplex just minutes from Mass Ave, Downtown, and Fountain Square! Enjoy a refreshed kitchen and bathroom, fresh paint throughout, and a prime location close to some of the city's best dining and entertainment. All units are fully occupied with tenants in good standing. To limit tenant disturbance, there will be no in-person showings without an

  Ryan Rominger Trueblood Real Estate

  251 S Dearborn St, Indianapolis, IN 46201
• 

  

  /32

  $189,900

  $15K PRICE DROP

  • 2 Beds
  • 1 Bath

  6131 E 13th St, Indianapolis, IN 46219

  Discover a unique opportunity at 6131 & 6133 E 13th ST in INDIANAPOLIS, IN. This inviting, ready-to-move-in duplex, built in 1969, offers 1714 square feet of comfortable living across two separate, 2 bed 1 bath units. Living is easy in this single story home, presenting a blend of practicality and potential. Each unit features a charming brick exterior, a dedicated laundry room off the kitchen,

  Isabella Frazier Trelora Realty

  6131 E 13th St, Indianapolis, IN 46219
• 

  

  /20

  $94,500

  $7K PRICE DROP

  • 2 Beds
  • 1 Bath
  • 864 Sq Ft

  5240 E 34th St, Indianapolis, IN 46218

  Welcome to 5240 East 34th Street in Indianapolis - a great opportunity for homeowners and investors alike. This property offers strong potential with a convenient location close to shopping, dining, schools, major roadways, and everything the east side of Indianapolis has to offer. Whether you are looking for a place to call home or an addition to your investment portfolio, this property is full

  Eric Forney Keller Williams Indy Metro S

  5240 E 34th St, Indianapolis, IN 46218
• 

  

  /26

  $139,900

  • 3 Beds
  • 2 Baths
  • 1,337 Sq Ft

  4212 Foxglove Trace, Indianapolis, IN 46237

  Welcome Home to this well maintained 3 Bedroom, 2-bathroom condo nestled in The Timbers. A beautiful Brown County like setting the midst of the city! You will love the large living room that exudes warmth! It's the perfect place to unwind! Enhanced by a wood-burning fireplace for cozy evenings! Enjoy views of the wooded area out the glass doors and windows! The dining room opens to a spacious

  Kristen Schwark Ebeyer Realty, LLC

  4212 Foxglove Trace, Indianapolis, IN 46237
• 

  

  /15

  $120,000

  $20K PRICE DROP

  • 3 Beds
  • 1 Bath
  • 1,083 Sq Ft

  811 N Denny St, Indianapolis, IN 46201

  What a great home to call your own. It provides a refined living space, an inviting and meticulously maintained environment, ready for immediate occupancy. This property exemplifies a harmonious blend of classic architectural character and contemporary comfort, offering an unparalleled residential experience. The residence features three thoughtfully designed bedrooms, the MASTER is very

  Mitch Rougraff F.C. Tucker Company

  811 N Denny St, Indianapolis, IN 46201
• 

  

  /10

  $130,000

  $5K PRICE DROP

  • 3 Beds
  • 1 Bath
  • 1,023 Sq Ft

  3841 E 31st St, Indianapolis, IN 46218

  Welcome Home! This quaint three bedroom, one bath home has been recently updated (2022) throughout! Featuring butcher block counter tops, stainless steel appliances, laminate flooring throughout, fresh paint, updated bathroom and more! Whether you're looking for your next investment (recently rented at $1300/month), or a place to call home on a quiet street, this is worth checking out!

  Kenneth Hall eXp Realty, LLC

  3841 E 31st St, Indianapolis, IN 46218
• 

  

  /9

  $45,000

  • Land
  • 2,613 Sq Ft
  • $750,000 per Acre

  2041 E Michigan St, Indianapolis, IN 46201

  Buildable lot in a revitalized neighborhood close to downtown. Located on E Michigan St, this lot offers easy access to downtown, just a 5 minute drive. Water, sewer, and electric are already ran onto the property. Come discover this perfect lot for your dream home!

  Joshua Lawrence @properties

  2041 E Michigan St, Indianapolis, IN 46201
• 

  

  /18

  $145,000

  $11K PRICE DROP

  • 2 Beds
  • 1.5 Baths
  • 1,370 Sq Ft

  9463 Maple Way, Indianapolis, IN 46268

  Discover 9463 Maple Way, recently enhanced with fresh interior paint and a partial flooring replacement, setting a refreshed foundation for the home. The living area is completed by a cozy fireplace, providing warmth and atmosphere. The kitchen further features an accent backsplash, adding a subtle design element to the culinary space. The bathroom provides a separate tub and shower. This updated

  Shelby Farrar Opendoor Brokerage LLC

  9463 Maple Way, Indianapolis, IN 46268
• 

  

  /16

  $115,900

  • 1 Bed
  • 1 Bath
  • 444 Sq Ft

  230 E 9th St Unit 503, Indianapolis, IN 46204

  FULLY FURNISHED! Modern, bright downtown Indy studio just 8 minutes from Lucas Oil Stadium. Enjoy a cozy queen bed, stylish living area, full kitchen, and a dedicated workspace. Large windows fill the space with natural light, creating a warm, inviting vibe. Perfect for game days, business trips, or weekend getaways-close to restaurants, nightlife, and major attractions.

  Ashley Wright Three Seventeen Collective

  230 E 9th St Unit 503, Indianapolis, IN 46204
• 

  

  /18

  $129,900

  $5K PRICE DROP

  • 3 Beds
  • 2.5 Baths
  • 1,426 Sq Ft

  1157 W 32nd St, Indianapolis, IN 46208

  Calling all investors! Don't miss this great opportunity to add to your portfolio with this 3 bedroom, 2 bath home situated on a desirable corner lot. The property features a 2 car detached garage. The ceiling in the kitchen was just recently repaired. With a little TLC, this home has strong potential for renovation, rental income, or resale.

  Edwin Watson Triple E Realty, LLC

  1157 W 32nd St, Indianapolis, IN 46208
• 

  

  /20

  $99,900

  $30K PRICE DROP

  • 2 Beds
  • 1 Bath
  • 735 Sq Ft

  3532 Harvest Ave, Indianapolis, IN 46226

  Welcoming, single-level home boasting fresh paint, new carpeting, and convenient location with easy access to local freeways for smoothers commutes! From the covered front porch, ideal for morning coffee, to the bright living space, this home was designed with comfort in mind. The basement and attached garage offer great storage potential, especially for large and seasonal items. Relax in the

  Joshua Vida Paradigm Realty Solutions

  3532 Harvest Ave, Indianapolis, IN 46226
• 

  /2

  $30,000

  • Land
  • 4,791 Sq Ft
  • $272,727 per Acre

  2148 Sugar Grove Ave, Indianapolis, IN 46202

  25 x 135 lot for sale.

  Mark Nottingham @properties

  2148 Sugar Grove Ave, Indianapolis, IN 46202
• 

  

  /3

  $35,000

  $4K PRICE DROP

  • Land
  • 4,356 Sq Ft
  • $350,000 per Acre

  2198 N Dexter St, Indianapolis, IN 46202

  33 x 135 lot for sale.

  Mark Nottingham @properties

  2198 N Dexter St, Indianapolis, IN 46202
• 

  

  /18

  $159,400

  $21K PRICE DROP

  • 3 Beds
  • 2 Baths
  • 1,849 Sq Ft

  3326 W Michigan St, Indianapolis, IN 46222

  This 3-bedroom, 2-bath Dutch Colonial blends timeless charm with thoughtful updates, offering a home that's ready for your personal touches. Located just minutes from IUPUI, Downtown Indy, and the Zoo, it sits on a spacious, fully fenced lot with a detached garage and room to grow. Inside, you'll find a refreshed kitchen with clean lines and practical flow, two well-appointed bathrooms designed

  Anthony Burris Resilient Realty Investments

  3326 W Michigan St, Indianapolis, IN 46222
• 

  

  /8

  $139,900

  $10K PRICE DROP

  • Land
  • 17,424 Sq Ft
  • $349,750 per Acre

  6445 Silverton Way, Indianapolis, IN 46237

  Rolling hills, streams, 2 & 3 acre lakes combine with mature trees and wildlife to make Greystone one of Franklin Townships most prestigious communities. Greystone is conveniently located just minutes from shopping, restaurant, hospitals, interstate, and downtown Indy. Open to your builder or partner with Copenhaver Custom Homes to build your new dream home.

  Brent Copenhaver Copenhaver Realty, LLC

  6445 Silverton Way, Indianapolis, IN 46237
• 

  

  /35

  $129,999

  $5K PRICE DROP

  • 2 Beds
  • 1 Bath
  • 858 Sq Ft

  2749 Station St, Indianapolis, IN 46218

  Tucked away like something out of a storybook, this beautifully renovated 2 bedroom, 1 bath cottage welcomes you with warmth, charm, and a true sense of home the moment you arrive. From the inviting front porch to the eye catching green door, every detail draws you in and makes you feel right at home. Step inside and you're immediately embraced by a soft, inviting atmosphere with luxury vinyl

  Danielle Coleman Garnet Group

  2749 Station St, Indianapolis, IN 46218
• 

  

  /16

  $119,900

  $20K PRICE DROP

  • 2 Beds
  • 1 Bath
  • 864 Sq Ft

  614 N Chester Ave, Indianapolis, IN 46201

  Grace Tuxedo Park - Near Eastside and near all Irvington Adjacent & or Emerson Heights neighborhoods have to offer. Nice size Bungalow with some updates ready for a new owner to make it all their own. Don't miss out on this bargain of a home with 2 Bedrooms, 1 Bath, Nice sized Living room and spacious formal dining area with a basement for added storage and space. This one has a small garage that

  Jackie Lovell New Quantum Realty Group

  614 N Chester Ave, Indianapolis, IN 46201
• 

  

  /3

  $15,000

  $5K PRICE DROP

  • Land
  • 5,227 Sq Ft
  • $125,000 per Acre

  3038 Sapphire Blvd, Indianapolis, IN 46268

  Opportunity is calling in the up and coming Augusta Heights neighborhood-are you ready to answer? This 0.12-acre lot with no HOA offers the rare chance to design and build your dream home from the ground up in one of Indianapolis's most convenient locations. With no existing build from the current developer, the canvas is completely yours. Perfectly positioned just minutes from Crooked Creek

  Ido Shuqrun Keller Williams Indy Metro S

  3038 Sapphire Blvd, Indianapolis, IN 46268
• 

  

  /23

  $140,000

  $20K PRICE DROP

  • 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
• 

  

  /38

  $147,000

  • 3 Beds
  • 1 Bath
  • 1,720 Sq Ft

  1315 W 34th St, Indianapolis, IN 46208

  Calling all investors and renovators! This 3 bedroom, 1 bath home is full of potential and ready for your personal touch. The main level features both a living room and a separate den, providing flexible living and entertaining spaces. Outside, enjoy a generously sized backyard with endless possibilities for outdoor living or future improvements. Conveniently located just minutes from downtown,

  Edwin Watson Triple E Realty, LLC

  1315 W 34th St, Indianapolis, IN 46208
• 

  

  /25

  $184,900

  $5K PRICE DROP

  • 3 Beds
  • 1 Bath
  • 1,136 Sq Ft

  737 Temperance Ave, Indianapolis, IN 46203

  Welcome home to this charming 3 bedroom, 1 bath property with a light and bright feel throughout. The spacious family room offers a comfortable gathering space, while the eat-in kitchen features tile flooring, a bright atmosphere, and plenty of room for everyday dining. The 3 bedrooms provide flexibility for additional bedroom space, guests, or a home office setup. Enjoy outdoor living on the

  Nina Klemm F.C. Tucker Company

  737 Temperance Ave, Indianapolis, IN 46203
• 

  

  /35

  $104,900

  $15K PRICE DROP

  • 2 Beds
  • 1 Bath
  • 780 Sq Ft

  3737 Deloss St, Indianapolis, IN 46201

  This 1951 cottage-style home is located in the established Christian Park area, offering 750 square feet of living space. The interior is arranged into a two-bedroom, one-bathroom layout that maximizes its footprint. The home sits on a 0.11-acre lot with a fenced backyard, providing space for outdoor activities or gardening. Its crawl space foundation houses the primary plumbing and electrical

  Isabella Frazier Trelora Realty

  3737 Deloss St, Indianapolis, IN 46201
• 

  

  /5

  $50,000

  • Land
  • 3,049 Sq Ft
  • $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
• 

  

  /18

  $180,000

  • 3 Beds
  • 2 Baths
  • 1,196 Sq Ft

  399 N Gibson Ave, Indianapolis, IN 46219

  Welcome to this move in ready 3 bedroom, 2-bathroom ranch home. You will be greeted by an inviting sunroom that greets you at entrance. This leads to you into the cozy home with a nice size living room and dining area, that's perfect for entertaining. This will be the perfect starter home or investment opportunity.

  Danielle Buchanan Highgarden Real Estate

  399 N Gibson Ave, Indianapolis, IN 46219
• 

  

  /14

  $164,900

  $15K PRICE DROP

  • 2 Beds
  • 1 Bath
  • 796 Sq Ft

  2510 S Pennsylvania St, Indianapolis, IN 46225

  Solid 2-Bedroom Opportunity Near Downtown - Perfect for Investors! New furnace installed in December 2025. This home has great bones and is ready for your finishing touches! Featuring 2 bedrooms and 1 bath, it's ideally located close to downtown, shopping, and IPS schools-making it a smart choice for a flip, rental, or Airbnb investment. Currently rented on a month-to-month lease, this property

  Todd Campbell United Real Estate Indpls

  2510 S Pennsylvania St, Indianapolis, IN 46225
• 

  

  /25

  $174,900

  • 2 Beds
  • 1 Bath
  • 880 Sq Ft

  2207 Albany St, Indianapolis, IN 46203

  Step inside this beautifully refreshed home where modern flair meets the vibrant pulse of Garfield Park. From the moment you hit the covered front porch, you'll feel the energy of a space designed for both effortless hosting and quiet relaxation. The open-concept layout is drenched in natural light, anchored by crisp paint, updated flooring, and stylish fixtures that make the whole place glow.

  Andy Tresize Compass Indiana, LLC

  2207 Albany St, Indianapolis, IN 46203
• 

  

  /26

  $169,999

  $30K PRICE DROP

  • 2 Beds
  • 1 Bath
  • 768 Sq Ft

  3133 N Campbell Ave, Indianapolis, IN 46218

  This completely rehabbed 2-bedroom, 1-bath home offers a fresh start with modern updates throughout. Enjoy a bright and open floor plan featuring new flooring, fresh paint, and a brand-new kitchen with updated cabinets & countertops. The bathroom has been fully renovated with stylish finishes. Major improvements include new roof, garage, duct work, updated electrical, plumbing, and mechanical

  Barbara Whiteside Keller Williams Indy Metro NE

  3133 N Campbell Ave, Indianapolis, IN 46218
• 

  

  /29

  $177,500

  $12K PRICE DROP

  • 4 Beds
  • 2 Baths
  • 1,301 Sq Ft

  1260 Hiatt St, Indianapolis, IN 46221

  CASH FLOW READY | RENTED FOR $1,800/MONTH | Fully updated and move-in ready, this property is the perfect blend of style, simplicity, and investment upside. Whether you're a first-time buyer looking for a low-maintenance home or an investor searching for a turnkey rental near downtown Indianapolis, this one checks all the boxes. Inside, you'll find fresh flooring, modern fixtures, updated paint,

  Nathan Dixon @properties

  1260 Hiatt St, Indianapolis, IN 46221
• 

  

  /17

  $1,000

  • 3 Beds
  • 4 Baths
  • 2,394 Sq Ft

  3514 Winthrop Ave, Indianapolis, IN 46205

  For Sale by Court Appointed Auctioneer. Opportunity to acquire 3514 Winthrop Avenue, a spacious historic home located in Indianapolis, Indiana. Full of character and potential, this expansive home offers the opportunity to restore and customize a property with impressive architectural details already in place. Inside you'll find original hardwood floors, rich wood trim, a grand open staircase,

  Brayden Sammons Keller Williams Indy Metro Partners

  3514 Winthrop Ave, Indianapolis, IN 46205
• 

  /2

  $189,999

  • 4 Beds
  • 2 Baths

  2433 N Bolton Ave, Indianapolis, IN 46218

  Cash flow that's already working. This near-Eastside duplex pulls $2,150 ($1,050 / $1,100) a month in gross rents across both units, the kind of dependable, concentrated income investors hunt for. Set in an established rental corridor minutes from downtown, it delivers two doors of steady demand under one roof. Part of a 17-door Indianapolis rental portfolio bringing in over $19,000 a month, all

  Max Moore @properties

  2433 N Bolton Ave, Indianapolis, IN 46218
• 

  

  /23

  $159,900

  $10K PRICE DROP

  • 3 Beds
  • 1 Bath
  • 1,106 Sq Ft

  4706 Vernon Ave, Indianapolis, IN 46226

  Nice three bedroom one bath with basement, two-car detached garage, fenced in back yard and an 18x10 deck. Large, inviting covered front porch measures 15x8. Spacious great room has vaulted ceiling which flows nicely into a kitchen with lots of cabinet space, a time-saving dishwasher and refrigerator. Separate laundry room conveniently located off the primary bedroom. Lawrence Township school

  R Scott Pallikan Sunblest Realty

  4706 Vernon Ave, Indianapolis, IN 46226
• 

  

  /32

  $149,900

  • 2 Beds
  • 2 Baths
  • 1,350 Sq Ft

  230 Legends Creek Way Unit 207, Indianapolis, IN 46229

  Ready for a grand adventure in effortless living? At 230 Legends Creek WAY Unit 207, you'll discover a 1350 sq ft condominium, built in 2003, that's practically winking at you with its "ready to move in" charm. This traditional-style treasure in INDIANAPOLIS, IN, USA, isn't just a place to live; it's a launchpad for legendary days! Step into the realm of relaxation with two wonderfully appointed

  Crystal Bennett United Real Estate Indpls

  230 Legends Creek Way Unit 207, Indianapolis, IN 46229
• 

  

  /6

  $50,000

  • Land
  • 3,049 Sq Ft
  • $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
• 

  

  /7

  $84,900

  $764K PRICE DROP

  • Land
  • 27,007 Sq Ft
  • $136,935 per Acre

  4039 Southeastern Ave, Indianapolis, IN 46203

  This .62 acre corner lot is conveniently located and zoned residential for either a single family or duplex build.

  Mark Linder CENTURY 21 Scheetz

  4039 Southeastern Ave, Indianapolis, IN 46203
• 

  

  /12

  $125,000

  $110K PRICE DROP

  • 2 Beds
  • 1 Bath
  • 1,292 Sq Ft

  28 N Denny St, Indianapolis, IN 46201

  Experience the blend of historic charm and modern reliability on N Denny St. This 1,292 sq. ft., two-story home was freshly remodeled just one year ago and features upgrades for total peace of mind. Key Highlights: * Fully Updated: 1-year-old roof and a complete interior remodel (2025). *Systems: Brand-new furnace (less than 1 year) with mobile app control and a new water heater. * Layout: 2

  Patrick McNeill Ask Pat About Real Estate

  28 N Denny St, Indianapolis, IN 46201

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