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

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  /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
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  /48

  $114,000

  • 3 Beds
  • 2 Baths
  • 1,788 Sq Ft

  57 N Beville Ave, Indianapolis, IN 46201

  This traditional two-story home offers 1,694 square feet with plenty of room to make it your own. Featuring 3 bedrooms, 2 full baths, and a functional layout with one bedroom on the main level and two upstairs, this property has great potential. The spacious lot also offers room to build a garage, adding even more value and convenience. Built in 1955 with vinyl siding and vinyl windows, the home

  Terry Young Red Bridge Real Estate

  57 N Beville Ave, Indianapolis, IN 46201
• 

  

  

  /25

  $159,900

  $15K PRICE DROP

  • 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
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  /26

  $169,149

  $31K 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
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  /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
• 

  

  /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
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  /29

  $147,000

  Open Sat 12PM - 2PM $3K PRICE DROP

  • 2 Beds
  • 2 Baths
  • 1,400 Sq Ft

  3042 Lake Shore Dr Unit D, Indianapolis, IN 46205

  Updated 2-bedroom, 2-bath condominium with lake views. Features include an updated kitchen with granite countertops, tile flooring in the kitchen and bathrooms, new luxury vinyl plank flooring throughout the main living areas bedrooms and enclosed patio, fresh interior paint, and all new light fixtures. The living room offers tons of natural light and a striking floor to ceiling stone electric

  Kimberlyn Lopez United Real Estate Indpls

  3042 Lake Shore Dr Unit D, Indianapolis, IN 46205
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  /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
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  /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
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  /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
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  /2

  $32,900

  • Land
  • 5,662 Sq Ft
  • $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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  /21

  $109,900

  $30K PRICE DROP

  • 4 Beds
  • 2 Baths
  • 1,248 Sq Ft

  3715 Rockville Rd, Indianapolis, IN 46222

  Investor Opportunity with Tremendous Upside Potential! This 4-bedroom, 2 full-bath home offers an excellent opportunity for investors looking to expand their rental portfolio or add value through future improvements. The property is currently habitable, making it ideal for immediate occupancy or rental income while planning future updates. Situated on a generously sized lot, the home features a

  Angela Richardson F.C. Tucker Company

  3715 Rockville Rd, Indianapolis, IN 46222
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  /11

  $149,498

  $21K PRICE DROP

  • 3 Beds
  • 1 Bath
  • 1,144 Sq Ft

  2202 Barrett Ave, Indianapolis, IN 46221

  This beautifully remodeled three bedroom one bath home offers the perfect blend of classic character and stylish updates. Step inside to discover refreshed living spaces designed for comfort and everyday living. Conveniently. located just minutes from downtown Indianapolis you'll enjoy quick access to shopping, restaurants, entertainment, and the cities thriving business district. Whether you're

  George Roper Cornerstone REI Group LLC

  2202 Barrett Ave, Indianapolis, IN 46221
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  /16

  $89,900

  $10K PRICE DROP

  • 2 Beds
  • 1.5 Baths
  • 1,048 Sq Ft

  3648 Mayfield Dr, Indianapolis, IN 46235

  Discover an exceptional opportunity at 3648 Mayfield DR, INDIANAPOLIS, IN, USA. This inviting 588 sq ft condominium, built in 1973, offers a distinctive living experience across two stories. The residence provides two comfortable bedrooms, offering private retreats for rest and relaxation. Practicality is key with a full bathroom and an additional half bathroom, ensuring convenience for residents

  Samuel Nieves-Montanez Trelora Realty

  3648 Mayfield Dr, Indianapolis, IN 46235
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  /22

  $149,900

  $9K PRICE DROP

  • 3 Beds
  • 1.5 Baths
  • 1,181 Sq Ft

  3561 Dubarry Rd, Indianapolis, IN 46226

  This inviting 1960 single-family residence is ready for you to move in and begin your next chapter. The ranch-style exterior opens to a home thoughtfully updated for modern comfort, boasting fresh paint and gorgeous updated flooring completed in 2025. The heart of the home features an elevated, functional kitchen with a new faucet, cabinet hardware, and new countertops. With three ample bedrooms,

  Malinda Ennis Keller Williams Indy Metro NE

  3561 Dubarry Rd, Indianapolis, IN 46226
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  /13

  $125,000

  • 3 Beds
  • 1 Bath
  • 752 Sq Ft

  3549 N Linwood Ave, Indianapolis, IN 46218

  Investors Welcome! This tenant occupied 3 bedroom, 1 bath home offers immediate rental income and strong investment potential. This home has a spacious living room, mature trees and large backyard. Conveniently located just minutes from downtown, shopping, dining, and other amenities. Add this cash flowing property to your portfolio today!

  Edwin Watson Triple E Realty, LLC

  3549 N Linwood Ave, Indianapolis, IN 46218
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  /26

  $179,900

  $5K PRICE DROP

  • 2 Beds
  • 1 Bath
  • 810 Sq Ft

  2702 N Talbott St, Indianapolis, IN 46205

  Buy this home and rent it out (long-term or short-term), or move right in. With newer HVAC, new windows and a $5,000 grant from Key Bank, you're playing with house money on this scrupulously updated condo. And you won't find a more affordable HOA fee. Like exploring the city? This home is equidistant from all the fun and activities found downtown and in Broad Ripple, and just a block from the Red

  Chris Varnau F.C. Tucker Company

  2702 N Talbott St, Indianapolis, IN 46205
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  /36

  $165,000

  $5K PRICE INCREASE

  • 3 Beds
  • 1 Bath
  • 1,152 Sq Ft

  902 N Drexel Ave, Indianapolis, IN 46201

  Charming 3-bedroom, 1-bath home in Emerson Heights! Hardwood flooring runs throughout most of the home. The thoughtful floor plan features a living room, formal dining room, and breakfast room just off the kitchen, giving the home a surprisingly spacious feel. The kitchen is equipped with stainless steel appliances, and the washer and dryer are included. Newer light fixtures and ceiling fans have

  Laura Waters Highgarden Real Estate

  902 N Drexel Ave, Indianapolis, IN 46201
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  /10

  $129,900

  • 3 Beds
  • 1 Bath
  • 884 Sq Ft

  3207 N Arsenal Ave, Indianapolis, IN 46218

  Perfect for a rental/investment property or your first home! Updated interior with LVP flooring, fresh paint and a new water heater. The main sewer line was replaced in 2026. Age of roof is 3 years. Age of furnace and AC is 3 years. This one is ready for move-in!

  Tom Endicott Keller Williams Indy Metro Partners

  3207 N Arsenal Ave, Indianapolis, IN 46218
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  /9

  $130,000

  $30K PRICE DROP

  • 2 Beds
  • 1 Bath
  • 1,462 Sq Ft

  1924 E Maryland St, Indianapolis, IN 46201

  Rare redevelopment opportunity featuring TWO parcels included in the sale! This property offers both an existing home and an adjacent vacant lot, creating multiple possibilities for investors, builders, and visionaries looking to capitalize on an area experiencing significant revitalization. Surrounded by renovated homes and new construction, this property is positioned in a neighborhood where

  Denis O'Brien Keller Williams Indy Metro Partners

  1924 E Maryland St, Indianapolis, IN 46201
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  /2

  $19,900

  • Land
  • 3,920 Sq Ft
  • $221,111 per Acre

  1018 W 27th St, Indianapolis, IN 46208

  Great opportunity for builders or someone looking to build their own home! Lots of development in the area. 30X126. 1020 W. 27th Street is also available.

  Terry Brown CENTURY 21 Scheetz

  1018 W 27th St, Indianapolis, IN 46208
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  /15

  $124,900

  • 2 Beds
  • 1 Bath
  • 885 Sq Ft

  2228 N Irwin St, Indianapolis, IN 46219

  Discover this charming 2-bedroom, 1-bath home in the heart of Indianapolis. This cozy residence features a functional layout with an inviting living room, an eat-in kitchen, and two well-proportioned bedrooms. The property includes a detached garage and a spacious backyard, offering great potential for outdoor activities or future landscaping projects. Conveniently located near local schools,

  Samuel Nieves-Montanez Trelora Realty

  2228 N Irwin St, Indianapolis, IN 46219
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  /18

  $137,000

  $10K PRICE DROP

  • 2 Beds
  • 1 Bath
  • 672 Sq Ft

  1130 N Exeter Ave, Indianapolis, IN 46222

  Completely renovated from top to bottom, this move-in ready home is one you won't want to miss. Every room has been thoughtfully updated, giving you the feel of a brand-new home without the new construction price. Just bring your furniture and start enjoying everything this home has to offer. Built in 1951, this 672-square-foot home features 2 bedrooms and 1 beautifully updated bathroom. Recent

  Terry Young Red Bridge Real Estate

  1130 N Exeter Ave, Indianapolis, IN 46222
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  /18

  $155,000

  $3K PRICE DROP

  • 2 Beds
  • 1 Bath
  • 960 Sq Ft

  2822 Country Estates Dr, Indianapolis, IN 46227

  Enjoy comfortable, low-maintenance living in this well-maintained, one-level condo in the Country Estates community. This 2-bedroom, 1-bath home has been tastefully updated and features new luxury vinyl plank flooring throughout, giving the home a fresh, welcoming feel. The spacious living room opens to a private back patio, creating a nice spot to relax or spend time with guests. The kitchen and

  Robyn Roller F.C. Tucker Company

  2822 Country Estates Dr, Indianapolis, IN 46227
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  /9

  $93,900

  • 2 Beds
  • 1 Bath
  • 844 Sq Ft

  1520 Wade St, Indianapolis, IN 46203

  Excellent investment opportunity with this home to make it yours however you wish. This amazing opportunity is sold AS-IS.

  Claire Sorrels List With Ben, LLC

  1520 Wade St, Indianapolis, IN 46203
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  /38

  $159,900

  $65K PRICE DROP

  • 3 Beds
  • 2 Baths
  • 2,073 Sq Ft

  2202 Woodlawn Ave, Indianapolis, IN 46203

  This is the one. You've been looking high and low and in the midst of neighborhood revitalization, you've found it. Let's start with the location: this Fountain Square charmer is within close proximity to Pleasant Run, Garfield Park, trails, and many major roads. Next, let's examine the exterior: the large covered porch and fully-fenced back yard are sure to intrigue as they offer both relaxation

  Chris Price Keller Williams Indy Metro Partners

  2202 Woodlawn Ave, Indianapolis, IN 46203
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  /5

  $89,000

  $11K PRICE DROP

  • Land
  • 5,227 Sq Ft
  • $741,667 per Acre

  2150 Bellefontaine St, Indianapolis, IN 46202

  Zoned D8. Lot ready for you to build in Kennedy King. Close to the Monon Trail and MLK Jr. and O'Bannon Park. Lot dimensions are 35' x 150'.

  Debbie Pidgeon United Real Estate Indpls

  2150 Bellefontaine St, Indianapolis, IN 46202
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  /2

  $15,000

  $5K PRICE DROP

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

  3015 Sapphire Blvd, Indianapolis, IN 46268

  Opportunity is calling in the up and coming Augusta Heights neighborhood-are you ready to answer? This 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 Shopping

  Ido Shuqrun Keller Williams Indy Metro Partners

  3015 Sapphire Blvd, Indianapolis, IN 46268
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  /2

  $24,900

  • Land
  • 5,227 Sq Ft
  • $207,500 per Acre

  4510 W Caven St, Indianapolis, IN 46241

  Rare opportunity to acquire a nine-lot residential infill package in an established Indianapolis neighborhood. The offering includes five adjoining vacant lots that create a strong foundation for a coordinated new-construction project, plus four additional nearby homesites along the same street that add flexibility for individual builds, phased construction, or future resale. This is an ideal

  Nicole Crouch Crossroads Realty, LLC

  4510 W Caven St, Indianapolis, IN 46241
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  /39

  $150,000

  • 3 Beds
  • 1 Bath
  • 864 Sq Ft

  2015 Medford Ave, Indianapolis, IN 46222

  Fully renovated and move-in ready! 2015 Medford Ave offers seamless single-story living with 3 well-proportioned bedrooms and a stylish, modernized bathroom. Highlights include a fresh, revitalized interior, a clean basement ideal for extra storage or future expansion, and a large 7,579 sq ft lot with plenty of outdoor room to enjoy. Exceptional quality and thoughtful design throughout. Schedule

  Gloria Gear Keller Williams Indy Metro Partners

  2015 Medford Ave, Indianapolis, IN 46222
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  /42

  $99,000

  $13K PRICE DROP

  • 4 Beds
  • 2 Baths
  • 1,712 Sq Ft

  5022 Allisonville Rd Unit E, Indianapolis, IN 46205

  Unicorn Alert!!! HUGE 4 bedroom condo!!!! Discover a harmonious blend of comfort and style at 5022 Allisonville RD Unit UNIT E, an attractive 4 bedroom, 2 full batch condo with water views on the top level built in 1965. Recently refinished hardwood floors with oversized windows fill the space with light. This single-story residence offers an inviting atmosphere for sophisticated living in

  Dustin Sickinger Compass Indiana, LLC

  5022 Allisonville Rd Unit E, Indianapolis, IN 46205
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  /29

  $180,000

  New Construction

  • 3 Beds
  • 2 Baths
  • 1,190 Sq Ft

  1831 E Marlowe Ave Unit 2, Indianapolis, IN 46201

  Unit qualifies for up to $15,000 of direct Buyer assistance for qualified Buyers! | Welcome to Willard Place Condominiums, a thoughtfully designed new construction community in the Willard Park neighborhood. With just three private residences available, this is a rare opportunity to enjoy low-maintenance urban living. Each residence features its own covered street-level entrance leading to an

  Chanda Johnson Maywright Property Co.

  1831 E Marlowe Ave Unit 2, Indianapolis, IN 46201
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  /2

  $30,000

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

  1350 W Roache St, Indianapolis, IN 46208

  Build your dream home on this rectangular residential lot! This buildable parcel offers a great opportunity in an established area, with city utilities available nearby for convenient access. The level lot provides flexibility for your future home, making it an excellent choice for homeowners or investors alike. The adjacent lot is also available for purchase, offering the opportunity to expand

  Iscary Payano 1 Percent Lists Indiana Real Estate

  1350 W Roache St, Indianapolis, IN 46208
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  /4

  $75,000

  • Land
  • 4.31 Acres
  • $17,401 per Acre

  2427 Hobart Rd, Indianapolis, IN 46203

  Rare Opportunity in Indianapolis! Nearly 5 acres of heavily wooded residential land offering a private, natural setting in the heart of Indianapolis. Bean Creek runs through the property, adding scenic beauty and character, while sewer access is available at the street. Whether you're looking to build your dream home, create a private retreat, or explore development potential, this unique

  Jake Deputy Trueblood Real Estate

  2427 Hobart Rd, Indianapolis, IN 46203
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  /7

  $160,000

  $5K PRICE DROP

  • 3 Beds
  • 1 Bath
  • 1,282 Sq Ft

  1145 W 29th St, Indianapolis, IN 46208

  Great opportunity for an up and coming area. Remodeled 3 bedroom home that is move in ready. Was previously used as a rental.

  Whitney Christy Ever Real Estate, LLC

  1145 W 29th St, Indianapolis, IN 46208
• 

  

  /16

  $149,900

  • 3 Beds
  • 2 Baths
  • 1,924 Sq Ft

  6157 E 42nd St, Indianapolis, IN 46226

  Welcome home to 6157 42nd St, a spacious single-family residence offering fantastic versatility in Indianapolis! Featuring 3 bedrooms, 2 full bathrooms, and 1924 square feet of functional interior living space, this home combines classic charm with generous room to stretch out. Inside, bright common areas feature rich hardwood flooring flowing through a flexible layout that includes a comfortable

  Samuel Nieves-Montanez Trelora Realty

  6157 E 42nd St, Indianapolis, IN 46226
• 

  

  /23

  $68,000

  $17K PRICE DROP

  • 2 Beds
  • 1.5 Baths
  • 1,048 Sq Ft

  3654 Newgate Ln, Indianapolis, IN 46235

  Looking for FULLY RENOVATED affordable housing OR IMMEDIATE RENTAL INCOME? You don't need to look any further. Fresh paint, remodeled Bathrooms, newer appliances, vinyl HARDWOOD floors, French doors to private patio. Park-like neighborhood thriving under new management. Cherry on a top: selling FULLY FURNISHED with APPLIANCES included, saving buyers time, energy, and the potential cost of

  Tatiana Wheeler GOOD JOB REALTY LLC

  3654 Newgate Ln, Indianapolis, IN 46235
• 

  

  /4

  $120,000

  • Land
  • 6,098 Sq Ft
  • $857,143 per Acre

  3714 E Washington St, Indianapolis, IN 46201

  Vacant lots for sale 3714 and adjoining lot 3720 E Washington st. being sold together. Both lots zoned D-8 allowing for multi unit buildings. Ideal for a multifamily developer as previous buildings have been removed and utilities are on site. These are being sold together or can be purchased with 3710-3712 E Washington St, 10 unit building that is for sale next door.

  Joshua Hoeft Kaiser Real Estate Corp.

  3714 E Washington St, Indianapolis, IN 46201
• 

  

  /11

  $24,900

  $15K PRICE DROP

  • 2 Beds
  • 1 Bath
  • 1,053 Sq Ft

  2858 N Kenwood Ave, Indianapolis, IN 46208

  Two-Story Condo being sold, 1 unit/half of the building. Bring your vision as there is plenty of upside here. Blocks to The Children's Museum, as well as universities, museums, restaurants, and downtown amenities. Exterior features covered front porch, off-street parking, vinyl windows, and vinyl exterior. Interior includes raised ceilings, some hardwood floors, and open palette. Needs updates

  Chris Price Keller Williams Indy Metro Partners

  2858 N Kenwood Ave, Indianapolis, IN 46208
• 

  

  /22

  $120,000

  • 3 Beds
  • 1 Bath
  • 988 Sq Ft

  945 W Roache St, Indianapolis, IN 46208

  Investors Welcome! This tenant occupied 3 bedroom, 1 bath home in Center Township offers immediate rental income and strong investment potential. Conveniently located just minutes from downtown, shopping, dining, and other amenities. Add this cash flowing property to your portfolio today!

  Edwin Watson Triple E Realty, LLC

  945 W Roache St, Indianapolis, IN 46208

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