1,270

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

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  • /4

    $140,000

    $10K PRICE DROP
    • 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
  • /39

    $169,900

    $20K PRICE DROP
    • 2 Beds
    • 2 Baths
    • 864 Sq Ft

    7625 Orchard Village Dr, Indianapolis, IN 46217

    Enjoy the ease of single-story living at 7625 Orchard Village Dr, a welcoming ranch-style home on a quiet cul-de-sac near Perry Meridian High school. This is not a condo , so there is no high monthly maintenance fee! This gem offers 864 crazy square feet of well-planned living space on a spacious privacy fenced lot, perfect for comfort and convenience. Inside, you'll find two cozy bedrooms and

    Carol Bullock RE/MAX Advanced Realty

    7625 Orchard Village Dr, Indianapolis, IN 46217
  • /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
  • /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
  • /24

    $145,000

    $4K PRICE DROP
    • 2 Beds
    • 1 Bath
    • 1,488 Sq Ft

    3647 Rockville Rd, Indianapolis, IN 46222

    Whether you're searching for your next family home or an investment opportunity with income potential, this property deserves your attention. The main level offers two bedrooms and a comfortable, functional layout. Upstairs, the finished attic provides additional living space that can serve as a home office, playroom, guest area, or other flexible use to fit your needs. The true standout feature

    Hammed Lawal IB REALTORS

    3647 Rockville Rd, Indianapolis, IN 46222
  • /15

    $174,000

    $10K PRICE DROP
    • 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
  • /30

    $189,999

    $20K PRICE DROP
    • 3 Beds
    • 1.5 Baths
    • 1,380 Sq Ft

    250 N Oakland Ave, Indianapolis, IN 46201

    For more information please reach out to the listing agent directly if you are not currently represented by an agent. Welcome to 250 N. Oakland Ave., a beautifully updated 1916 home that perfectly blends timeless character with modern updates in a convenient downtown Indianapolis location. When you arrive you will notice the immense covered front porch great for sitting on a swing and enjoying a

    Barbara Whiteside Keller Williams Indy Metro NE

    250 N Oakland Ave, Indianapolis, IN 46201
  • /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
  • /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
  • /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
  • /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
  • /19

    $185,000

    $40K PRICE DROP
    • 2 Beds
    • 1 Bath
    • 802 Sq Ft

    1305 Lexington Ave, Indianapolis, IN 46203

    Do not miss out on this opportunity to call this your new home! This updated house is conveniently located near the heart of Downtown Indianapolis in the fountain sq area. The interior features lvp flooring for easy maintenance, quartz countertops, fresh paint, and stainless-steel appliances. The secluded backyard has plenty of space for amenities to be added or simply quite enjoyment. Pictures

    Evan Wilbrandt Wilmoth Group

    1305 Lexington Ave, Indianapolis, IN 46203
  • /49

    $89,750

    $25K 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
  • /21

    $167,000

    • 4 Beds
    • 2 Baths
    • 1,928 Sq Ft

    406 N Denny St, Indianapolis, IN 46201

    Bring your vision to this high-potential distressed property located on the booming East Side of Indianapolis. Major structural and heavy construction work is already complete, drastically cutting down your rehab timeline. Currently framed out for a spacious 4-bedroom, 2-bathroom layout, this home is the ultimate blank canvas. The plumbing and electrical layouts are established-it just needs an

    Alexander Moore FULL CANOPY REAL ESTATE, LLC

    406 N Denny St, Indianapolis, IN 46201
  • /26

    $178,000

    • 3 Beds
    • 2 Baths
    • 1,275 Sq Ft

    1154 Bacon St, Indianapolis, IN 46227

    This turn key home was beautifully remodeled in early 2025, this move-in-ready 3-bedroom, 2-bath home offers the perfect combination of modern updates and peace of mind. The renovation includes updated living spaces, kitchen, bathrooms, flooring, paint, and contemporary finishes throughout. Major mechanical updates include a new furnace, central A/C, water heater, and sump pump (2023). In 2025,

    Laura Schneider Visionary Empowerment Realty Group

    1154 Bacon St, Indianapolis, IN 46227
  • /21

    $159,900

    $20K PRICE DROP
    • 2 Beds
    • 1 Bath
    • 1,062 Sq Ft

    621 N Bradley Ave, Indianapolis, IN 46201

    MOTIVATED SELLER! Move-in ready with Major Updates completed in 2023! Enjoy peace of mind with a new roof, HVAC system, and water heater. This well-maintained 2-bedroom, 1-bath ranch features an open-concept layout, a breakfast bar, and all kitchen appliances included. The basement offers extra storage or flex space, while the fully fenced backyard, spacious deck, and welcoming front porch are

    Lindsey Smalling Highgarden Real Estate

    621 N Bradley Ave, Indianapolis, IN 46201
  • /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
  • /16

    $150,000

    • 4 Beds
    • 2 Baths
    • 1,627 Sq Ft

    2129 N Dexter St, Indianapolis, IN 46202

    **2129 N Dexter St, Indianapolis, IN 46202** Welcome to this beautifully rehabbed 4-bedroom, 2-bathroom home offering a spacious and functional layout with modern updates throughout. The main level features a comfortable living room, separate dining area, updated kitchen, and multiple bedrooms, creating a great setup for everyday living and entertaining. Upstairs, you'll find an additional

    Ely Berger The Modglin Group

    2129 N Dexter St, Indianapolis, IN 46202
  • /2

    $109,000

    • 2 Beds
    • 1 Bath

    1358 S Belmont Ave, Indianapolis, IN 46221

    Great investment opportunity! Full of potential and situated on a desirable lot, The property is ideal for those ready to bring their vision to life and build equity.

    Dennis Soriano eXp Realty, LLC

    1358 S Belmont Ave, Indianapolis, IN 46221
  • /20

    $95,000

    • 3 Beds
    • 2 Baths
    • 1,142 Sq Ft

    8543 La Corrida Ct, Indianapolis, IN 46227

    Discover comfortable living at 8543 La Corrida CT, Indianapolis, IN. Built in 1980, this 1142 square foot condominium offers a single-story layout designed for ease and accessibility, presenting a unique opportunity to embrace a vibrant lifestyle. This residence features three well-proportioned bedrooms, providing ample space for relaxation and personal retreats. Each room offers a foundation for

    Kris Strohmeyer-lett BluPrint Real Estate Group

    8543 La Corrida Ct, Indianapolis, IN 46227
  • /24

    $137,000

    $5K PRICE DROP
    • 4 Beds
    • 1 Bath
    • 1,540 Sq Ft

    40 S Chester Ave, Indianapolis, IN 46201

    This 4-bedroom, 1-bathroom single-family home features a detached one-car garage with convenient alley access and is currently tenant-occupied, providing immediate rental income. The home offers a functional layout with a formal living room, separate dining room, and a kitchen featuring an eat-in area and breakfast room. Two bedrooms are located on the main level, with two additional bedrooms

    Karanjod Cheema Rize Commercial Realty LLC

    40 S Chester Ave, Indianapolis, IN 46201
  • /34

    $149,900

    • 2 Beds
    • 1 Bath
    • 912 Sq Ft

    2656 Westbrook Ave, Indianapolis, IN 46241

    Space, Comfort, and Convenience Combined in This Opportunity Welcome home to a property that offers the space you've been dreaming of, both inside and out. Nestled on a generous double lot, this 2-bedroom, 1 and a half bathroom home has a full basement. Imagine hosting gatherings on the back deck overlooking your fully fenced yard. The detached 3-car garage provides endless possibilities for

    Chris Camperelli eXp Realty, LLC

    2656 Westbrook Ave, Indianapolis, IN 46241
  • /18

    $189,900

    • 2 Beds
    • 2 Baths
    • 1,280 Sq Ft

    221 Kansas St, Indianapolis, IN 46225

    "Beautifully renovated two bedroom and two bath home in Old South Side. Home is 1,244 square feet. Featuring high ceilings that amplify the space. The first floor holds the front entry, living room, dining room, kitchen with butcher block countertops and newer appliances; one bedroom and main bath with laundry hookups. Follow the unique staircase up to find a spare room and master bedroom with

    Molly Allen Lohmiller Real Estate

    221 Kansas St, Indianapolis, IN 46225
  • /3

    $34,500

    $4K PRICE DROP
    • Land
    • 5,227 Sq Ft
    • $287,500 per Acre

    3328 Graceland Ave, Indianapolis, IN 46208

    Great opportunity to build! Prime vacant lot in a convenient location near shopping, dining, schools, downtown and highways. Perfect for your dream home or investment. Bring your builder and your vision!

    George Roper Cornerstone REI Group LLC

    3328 Graceland Ave, Indianapolis, IN 46208
  • /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
  • /16

    $109,900

    $6K PRICE DROP
    • 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 Highgarden Real Estate

    230 E 9th St Unit 503, Indianapolis, IN 46204
  • /17

    $124,900

    $10K 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
  • /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
  • /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 Partners

    3038 Sapphire Blvd, Indianapolis, IN 46268
  • /31

    $114,900

    • 2 Beds
    • 1 Bath
    • 720 Sq Ft

    7350 E 46th St, Indianapolis, IN 46226

    Welcome to this charming 2-bedroom, 1-bath ranch in the established Shadeland Terrace neighborhood! Built in 1955, this 720 sq. ft. home offers comfortable single-level living with a functional layout and plenty of potential to make it your own. Situated on a spacious lot, the property provides room for outdoor entertaining, gardening, or future improvements. Conveniently located near shopping,

    Samuel Nieves-Montanez Trelora Realty

    7350 E 46th St, Indianapolis, IN 46226
  • /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
  • /16

    $45,000

    • 2 Beds
    • 2 Baths
    • 1,152 Sq Ft

    2146 Singleton St, Indianapolis, IN 46203

    This single-attached property sits in a location with genuine appeal: close to downtown and near the Pleasant Run Trail, offering residents direct access to outdoor recreation and urban convenience. The structure presents opportunity for buyers ready to invest in solid bones and room to grow. Two bedrooms and two bathrooms provide functional living space. A covered front porch creates an inviting

    Ian Hoffar Wynkoop Brokerage Firm, LLC

    2146 Singleton St, Indianapolis, IN 46203
  • /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
  • /21

    $179,900

    $10K 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
  • /30

    $180,000

    • 3 Beds
    • 2.5 Baths
    • 1,704 Sq Ft

    520 N Gray St, Indianapolis, IN 46201

    This home must be sold to income-eligible buyers as their primary residence and purchased through the Indianapolis Neighborhood Housing Partnership (INHP). A buyer's income cannot exceed 80% of the area median income, and the buyer must be pre-approved for a mortgage loan through INHP or one of its lender partners. See attached income chart in supplemental attachments. Eligible buyers will be

    Sam Snell Berkshire Hathaway Home

    520 N Gray St, Indianapolis, IN 46201
  • /16

    $109,900

    • 2 Beds
    • 1 Bath
    • 912 Sq Ft

    3636 N Parker Ave, Indianapolis, IN 46218

    Charming 2-bedroom, 1-bath ranch situated on a spacious lot in Indianapolis. This home offers 912 square feet of living space on the main level, plus a full unfinished basement providing excellent storage or future expansion potential. Features include a detached 1-car garage, central air, forced-air heating, and public utilities. Conveniently located near schools, parks, shopping, dining, and

    Isabella Frazier Trelora Realty

    3636 N Parker Ave, Indianapolis, IN 46218
  • /22

    $190,000

    $5K PRICE DROP
    • 3 Beds
    • 1 Bath
    • 1,225 Sq Ft

    3538 N Lynhurst Dr, Indianapolis, IN 46224

    Welcome to 3538 N Lynhurst Dr! This BEAUTIFULLY RENOVATED home is ready for you to move right in. As you step inside, the BIG WINDOWS allow for so much NATURAL SUNLIGHTS. NEWER VINYL PLANK flooring flows throughout the home. In the kitchen, you'll find NEWER STAINLESS STEEL APPLIANCES. A renovated garage turned into an EXTRA LIVING ROOM/BEDROOM allows for more FREEDOM for your kids! The TUCKED

    Ali Rahimi Trueblood Real Estate

    3538 N Lynhurst Dr, Indianapolis, IN 46224
  • /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

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