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

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  /24

  $129,000

  $13K 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 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 vehicles, a

  Chris Camperelli eXp Realty, LLC

  2656 Westbrook Ave, Indianapolis, IN 46241
• 

  

  

  /16

  $134,900

  • 2 Beds
  • 1 Bath
  • 1,190 Sq Ft

  1745 Calvin St, Indianapolis, IN 46203

  Welcome to 1745 Calvin St! Located in Indianapolis's Near Southeast neighborhood (J W Browns South East Subdivision), this single-story Traditional American home built in 1960 offers 1,190 sq ft of main-level living space featuring 2 bedrooms and 1 full bathroom. The interior layout includes a combination kitchen and dining area, main floor full bath, and efficient gas forced-air heating paired

  Isabella Frazier Trelora Realty

  1745 Calvin St, Indianapolis, IN 46203
• 

  

  

  /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
• 

  

  

  /29

  $188,000

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

  3425 Roseway Dr, Indianapolis, IN 46226

  Welcome to a delightfully remodeled home, boasting 1200 square feet of thoughtfully situated living space, including a large yard and a huge 2-car detached garage. This ranch-style home sports new siding and New exterior doors that invite you to a modern interior ready for its next chapter. New carpets, new mill work and the tastefully neutral painted walls present a blank canvas to personalize

  Talina Shelton US Investor Group, LLC

  3425 Roseway Dr, Indianapolis, IN 46226
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  /26

  $189,900

  $10K PRICE DROP

  • 3 Beds
  • 2 Baths
  • 1,097 Sq Ft

  4515 Primrose Ave, Indianapolis, IN 46205

  Welcome home to this charming 3-bedroom, 2-bath residence in the desirable Maple Downs neighborhood. This well-maintained home features a bright, open living space and a functional layout that maximizes every square foot. The main level offers two comfortable bedrooms, while the upper level provides two additional flexible rooms perfect for your needs. Outside, enjoy the convenience of a detached

  Samuel Nieves-Montanez Trelora Realty

  4515 Primrose Ave, Indianapolis, IN 46205
• 

  

  /34

  $152,000

  • 2 Beds
  • 2 Baths

  4013 - 4015 E 12th St, Indianapolis, IN 46201

  Don't miss out on this turnkey investment opportunity. 1 bed 1 bath duplex in the heart of Little Flower that exceeds the golden 1% rule (Both tenants paying $810 each and cover all their own utilities and lawncare). With lots of recent updates and 2 long term tenants (4013 tenant moved in 4/1/2023 and current lease runs through 3/31/2027, 4015 tenants moved in 7/3/2023 and current lease runs

  Richard Vinson Trueblood Real Estate

  4013 - 4015 E 12th St, Indianapolis, IN 46201
• 

  

  /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
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  /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.

  Alexis Neff 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
• 

  

  /25

  $180,000

  • 4 Beds
  • 1 Bath
  • 1,722 Sq Ft

  2850 Adams St, Indianapolis, IN 46218

  Well-maintained home offering recent updates and a comfortable, functional layout. The property features flooring updated in late 2025, along with additional insulation installed in 2025. The entire property is fully fenced, providing added privacy and a great outdoor space to enjoy. A two-car carport provides convenient covered parking. This home has been well cared for and is ready for its new

  Luis Coronel Realty of America LLC

  2850 Adams St, Indianapolis, IN 46218
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  /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
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  /38

  $185,000

  • 6 Beds
  • 2 Baths

  3025 E Michigan St, Indianapolis, IN 46201

  Excellent investment opportunity with this spacious two-story duplex featuring two separate units, each offering 3 bedrooms and 1 full bathroom. Both units boast generous living spaces, 9-foot ceilings, oversized bedrooms, and charming built-in shelving in the dining rooms, adding character and functionality throughout. One unit includes convenient in-unit laundry, while both sides offer plenty

  Perla Palma Keller Williams Indy Metro Partners

  3025 E Michigan St, Indianapolis, IN 46201
• 

  

  /3

  $100,000

  • Land
  • 4,356 Sq Ft
  • $1,000,000 per Acre

  3125 N College Ave, Indianapolis, IN 46205

  Build your own dream home close to downtown, Broad ripple, Monon Trail, Fall Creek Trail.

  Awett Tedla F.C. Tucker Company

  3125 N College Ave, Indianapolis, IN 46205
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  /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
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  /28

  $155,000

  $5K PRICE DROP

  • 4 Beds
  • 2 Baths
  • 1,320 Sq Ft

  8348 Meadowlark Dr, Indianapolis, IN 46226

  Welcome to this beautifully renovated 4-bedroom, 2-full-bath townhome in Lawrence Township, offering plenty of space, modern finishes, and NO HOA FEES! The home includes updated plumbing, electrical, and HVAC system for added peace of mind. The main level offers a spacious living room that flows into the dining and kitchen areas, creating a comfortable layout for everyday living and entertaining.

  Javier Espinoza Realty of America LLC

  8348 Meadowlark Dr, Indianapolis, IN 46226
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  /17

  $90,000

  • 2 Beds
  • 1.5 Baths
  • 1,012 Sq Ft

  10051 Penrith Dr, Indianapolis, IN 46229

  Welcome home to this beautiful 2-bedroom, 1.5-bath condo! This charming home offers a comfortable and inviting layout with spacious bedrooms and plenty of natural light. Enjoy low-maintenance living in a convenient location, making this a great place to call home. Schedule your showing today!

  Yessenia Lozano F.C. Tucker Company

  10051 Penrith Dr, Indianapolis, IN 46229
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  /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
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  /5

  $12,000

  $3K PRICE DROP

  • Land
  • 7,405 Sq Ft
  • $70,588 per Acre

  2940 N Chester Ave, Indianapolis, IN 46218

  Prime residential development opportunity for builders and investors! This residentially zoned vacant lot offers the potential to build a duplex and already has access to water, sewer, gas, and electricity, helping position the property for future development. Ideal for an investor looking to build and hold, develop for rental income, or explore a larger multi-family project. Seller intends to

  Kala Majors Keller Williams Indy Metro NE

  2940 N Chester Ave, Indianapolis, IN 46218
• 

  

  /23

  $120,000

  • 2 Beds
  • 1 Bath
  • 845 Sq Ft

  2326 Winthrop Ave, Indianapolis, IN 46205

  Prime Investor Opportunity Near Monon Trail & Downtown - 2BR/1BA, 2-car detached Garage with Conversion Potential Excellent entry-level investment opportunity just 1 block from the Monon Trail in a gentrifaction area that's at full throttle! This property is currently configured as a 2/1, with an aapx 550SF garage BUT offers a unique opportunity to create two separate Single-Family Residential

  Pamela Journey E & L Son Enterprise, LLC

  2326 Winthrop Ave, Indianapolis, IN 46205
• 

  

  /13

  $99,900

  • 2 Beds
  • 2 Baths
  • 1,311 Sq Ft

  1014 E Legrande Ave, Indianapolis, IN 46203

  CALLING ALL FLIPPERS! $200K ARV! Here's your chance to grab a rehab project on the near south side - just minutes to Garfield Park, Fountain Square's restaurants and nightlife, and downtown, with quick access to I-65 off Raymond Street. This 2-bedroom, 2-bathroom home offers over 1,300 finished square feet across two levels. Priced far below the neighborhood's renovated values and sold strictly

  Trent Kiester @properties

  1014 E Legrande Ave, Indianapolis, IN 46203
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  /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
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  /31

  $104,900

  $10K PRICE DROP

  • 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 month to month FOR $1,600/MONTH, this Near Eastside single-family is generating income on day one. 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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  /34

  $75,000

  • 1 Bed
  • 1 Bath
  • 1,132 Sq Ft

  6407 Friendship Cir Unit 15, Indianapolis, IN 46268

  Imagine having peace of mind knowing that your monthly maintenance fee covers so much more than just your home. If your HVAC system, water heater, or major appliance needs repair/replacement, you're covered. Plumbing, electrical, windows, roofing, exterior maintenance, lawn care, and a 24-hour courtesy patrol are all included - giving you the convenience of knowing many unexpected maintenance

  Amy Keizers Duke Collective, Inc.

  6407 Friendship Cir Unit 15, Indianapolis, IN 46268
• 

  /2

  $50,000

  • Land
  • 1.59 Acres
  • $31,447 per Acre

  3436 N Chester Ave, Indianapolis, IN 46218

  Situated in Center Township on Indianapolis's North Eastside, 3436 N Chester Ave sits within a steadily evolving urban infill corridor experiencing active residential revitalization.

  Hasan Kiswani CENTURY 21 Scheetz

  3436 N Chester Ave, Indianapolis, IN 46218
• 

  

  /13

  $153,000

  • 2 Beds
  • 2 Baths
  • 1,482 Sq Ft

  1632 Queensbridge Square Unit 5, Indianapolis, IN 46219

  Move right in and make yourself at home! Welcome to 1632 N Queensbridge Square, Unit 5, where comfort, convenience, and recent updates come together. This inviting home features updated kitchen cabinets and appliances, updated flooring, fresh interior paint, and an updated shower, creating a fresh and welcoming feel throughout. The comfortable floor plan offers spacious living and dining areas,

  Annie Martin Real Broker, LLC

  1632 Queensbridge Square Unit 5, Indianapolis, IN 46219
• 

  

  /20

  $170,000

  • 2 Beds
  • 1 Bath
  • 1,173 Sq Ft

  315 S Webster Ave, Indianapolis, IN 46219

  This 2 bedroom gem is cute as a bug's ear! Hardwoods in living room and bedrooms and LVP in kitchen and bath. The home is bright and airy and positioned on a super cute street within walking distance to all of Irvington's fun spots! The fenced back yard is LARGE - great for pups and/or gardens. New(er) roof and sewer line (~2022) Property is also listed for rent. information deemed reliable but

  Claire-Anne Aikman The Point in Real Estate LLC

  315 S Webster Ave, Indianapolis, IN 46219
• 

  

  /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

  $169,900

  $20K 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
• 

  

  /22

  $185,000

  $10K 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
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  /26

  $100,000

  • 2 Beds
  • 2 Baths
  • 992 Sq Ft

  2219 Hovey St, Indianapolis, IN 46218

  Discover the charm and potential of 2219 Hovey St., a delightful 1909 bungalow offering 992 square feet of comfortable, single-level living. This inviting 2-bedroom, 2-bath home offers an excellent opportunity to build your dream of homeownership in an improving and up-and-coming area just minutes from downtown Indianapolis. The spacious primary bedroom features its own private full bath, while

  Todd Burton EVERGROW Realty Group

  2219 Hovey St, Indianapolis, IN 46218
• 

  

  /16

  $99,000

  $1K PRICE DROP

  • 1 Bed
  • 1 Bath
  • 453 Sq Ft

  230 E 9th St Unit 107, Indianapolis, IN 46204

  This 1 bedroom, 1 bathroom furnished condo in Renaissance Towers offers the perfect blend of urban living and affordability in downtown Indianapolis. With its prime location, dedicated parking, and convenient amenities, it's an opportunity not to be missed for those seeking a low maintenance lifestyle in Indy. This main level condo includes luxury vinyl flooring, stainless steel appliances and

  Mark Nottingham @properties

  230 E 9th St Unit 107, Indianapolis, IN 46204
• 

  

  /17

  $104,950

  • 1 Bed
  • 1 Bath
  • 960 Sq Ft

  211 Wisconsin St, Indianapolis, IN 46225

  Bank owned bungalow in area of new construction and recent remodels. Lucas Oil Stadium is just minutes away and the rest of what all downtown offers. This one needs some love. Electric & some plumbing missing. Make it your dream home or your next best investment for visitors of anything and everything near everything downtown Indianapolis. Small Bungalow in area of more expensive homes. This one

  Jackie Lovell New Quantum Realty Group

  211 Wisconsin St, Indianapolis, IN 46225
• 

  

  /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
• 

  

  /21

  $115,000

  • 2 Beds
  • 1 Bath
  • 825 Sq Ft

  606 S Spencer Ave, Indianapolis, IN 46219

  You will love this affordable 2 bedroom, 1 bathroom move-in ready home in Indy! Once inside, the neutral paint and durable laminate flooring lead you through your spacious living room and into your large eat in kitchen! You will love entertaining in the kitchen with easy walk out to your large backyard with patio and concrete parking pad in the back. Down the hall you will find your 2 bedrooms

  Jordan Moody Keller Williams Indpls Metro N

  606 S Spencer 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

  $154,900

  $20K 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
• 

  

  /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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