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

• 

  

  /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

  $129,900

  $10K 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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  /3

  $29,000

  • Land
  • 4,356 Sq Ft
  • $290,000 per Acre

  1040 N Elder Ave, Indianapolis, IN 46222

  Great opportunity to build your own home! Lot can also be purchased with adjacent lot 1044 N Elder. All due diligence (including survey, utility connection information, building codes, etc.) are the sole responsibility of the buyer.

  Nicole Crouch Crossroads Realty, LLC

  1040 N Elder Ave, Indianapolis, IN 46222
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  /16

  $99,900

  • 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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  /25

  $160,000

  • 3 Beds
  • 2 Baths
  • 1,080 Sq Ft

  1438 W 23rd St, Indianapolis, IN 46208

  An inviting 1920 bungalow on the Westside of Indy. This single-family residence, spanning 1080 square feet, is ready for you to move in. Completely renovated inside and out with an open layout concept that provides ample personal space. Spacious interior featuring recessed lighting, crown molding, and vinyl plank flooring. Completely renovated kitchen featuring dark wood-finish cabinetry,

  Emanuel Ruiz Snyder Strategy Realty, Inc

  1438 W 23rd St, Indianapolis, IN 46208
• 

  

  /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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  /2

  $149,000

  • Land
  • 4.94 Acres
  • $30,162 per Acre

  4459 Mann Rd, Indianapolis, IN 46221

  4.94 acres of wooded residential development land zoned D-6II (Dwelling District Six II) located in Indianapolis. The D-6II zoning classification supports high-density residential development, including multifamily apartments, townhomes, and cluster-style housing configurations, making the site well suited for a variety of residential development concepts. The property is located in close

  Jaskaran Jossan Keller Williams Indy Metro Partners

  4459 Mann Rd, Indianapolis, IN 46221
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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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  /9

  $160,000

  • 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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  /31

  $95,000

  $10K PRICE DROP

  • 2 Beds
  • 1 Bath
  • 820 Sq Ft

  3042 N Temple Ave, Indianapolis, IN 46218

  welcome to 3042 n temple Ave! this charming 2 bedroom, 1 bath home has comfort and convenience, ready for your personal touch the home sits in a spacious lot with a large backyard, ideal for gatherings, gardening locate just minutes from downtown Indianapolis, shopping dining schools and major highways, this property offers both accessibility and potential, whether you are first time home buyer,

  Maria Lasher eXp Realty LLC

  3042 N Temple Ave, Indianapolis, IN 46218
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  /18

  $120,000

  • 2 Beds
  • 1 Bath
  • 500 Sq Ft

  3211 S Lockburn St, Indianapolis, IN 46221

  Beautifully renovated 2 bedroom bungalow! Bright and cheerful rooms with modern updates. Bedrooms share nicely updated Jack & Jill bath. Large back yard with patio, partial fence and storage shed. Long driveway with plenty of space for parking multiple vehicles. Would be perfect for owner occupants, investors or Airbnb!

  Stacie Kidwell Sandoval F.C. Tucker Company

  3211 S Lockburn St, Indianapolis, IN 46221
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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 S

  2202 Woodlawn Ave, Indianapolis, IN 46203
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  /18

  $1,000

  • 3 Beds
  • 2 Baths

  23 E 36th St, Indianapolis, IN 46205

  For Sale by Court Appointed Auctioneer. Opportunity to acquire 23 E 36th Street, a duplex located in Indianapolis, Indiana. This duplex offers an opportunity to acquire a multi-family property with one unit currently occupied and features spacious floor plans, updated kitchens and bathrooms, modern flooring, and generous living spaces. Interior highlights include granite countertops, stainless

  Brayden Sammons Keller Williams Indy Metro Partners

  23 E 36th St, Indianapolis, IN 46205
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  /32

  $124,900

  $20K PRICE DROP

  • 3 Beds
  • 1 Bath
  • 976 Sq Ft

  4184 N Grand Ave, Indianapolis, IN 46226

  Situated at 4184 N Grand AVE in INDIANAPOLIS, IN, USA, this single family residence presents an inviting home, ready for immediate enjoyment. The heart of daily living resides in the kitchen, thoughtfully appointed with classic shaker cabinets, offering both timeless appeal and practical storage solutions for culinary pursuits. Within its 976 square feet of living space, this dwelling encompasses

  Isabella Frazier Trelora Realty

  4184 N Grand Ave, Indianapolis, IN 46226
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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 S

  3015 Sapphire Blvd, Indianapolis, IN 46268
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  /35

  $170,000

  • 3 Beds
  • 2 Baths
  • 1,032 Sq Ft

  5817 E 23rd St, Indianapolis, IN 46218

  Welcome to 5817 E 23rd St - a fully updated ranch on Indy's northeast side offering the perfect blend of modern style and low-maintenance living. This 3-bedroom, 2 full-bath home showcases a beautifully renovated kitchen with granite countertops, stainless steel appliances, a pantry, and a spacious island adding both storage and prep space, all flowing seamlessly into the open-concept dining and

  Michel Ramirez Barranco Realty of America LLC

  5817 E 23rd St, Indianapolis, IN 46218
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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
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  /33

  $139,900

  $5K PRICE DROP

  • 3 Beds
  • 1 Bath
  • 1,421 Sq Ft

  3928 Delmont Dr, Indianapolis, IN 46235

  Experience the allure of classic design and comfortable living at 3928 Delmont DR, an inviting single-family residence in INDIANAPOLIS, IN. Built in 1963, this charming 1421 square foot home offers a perfect blend of timeless appeal and modern potential. This single-story residence provides a seamless flow throughout, creating an atmosphere of ease and accessibility. With three well-proportioned

  Isabella Frazier Trelora Realty

  3928 Delmont Dr, Indianapolis, IN 46235
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  /23

  $72,000

  $13K 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
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  /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
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  /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 S

  2858 N Kenwood Ave, Indianapolis, IN 46208
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  /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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  /38

  $145,000

  $34K PRICE DROP

  • 4 Beds
  • 2 Baths
  • 1,830 Sq Ft

  445 W 29th St, Indianapolis, IN 46208

  Discover the charm and comfort of 445 W 29th St in Indianapolis-a spacious 1,830 sq. ft. home designed for effortless living. This inviting residence features four well-sized bedrooms, offering plenty of space and privacy for family, guests, or a dedicated home office. Two full bathrooms ensure smooth, stress-free mornings for everyone. An open, light-filled layout enhances the home's warm and

  Wes Johnston Trueblood Real Estate

  445 W 29th St, Indianapolis, IN 46208
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  /2

  $15,000

  $5K PRICE DROP

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

  3033 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 S

  3033 Sapphire Blvd, Indianapolis, IN 46268
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  /52

  $122,500

  $27K PRICE DROP

  • 3 Beds
  • 1.5 Baths
  • 1,126 Sq Ft

  4278 Woodsage Trace, Indianapolis, IN 46237

  Huge Price Drop on this 3 BR, 2 Bath condo located in a secluded Brown County like setting. Live in the country while you're actually in the heart of the city. Close to shopping, interstates and The University of Indianapolis. This condo boasts a large Family Room, Bedroom, Galley Kitchen, Laundry/Utility Room and Foyer on the main level. Enjoy your private deck trhrough French doors off the

  Donald Gurunian The Modglin Group

  4278 Woodsage Trace, Indianapolis, IN 46237
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  /2

  $50,000

  • Land
  • 2,613 Sq Ft
  • $833,333 per Acre

  311 W 26th St, Indianapolis, IN 46208

  Jeff Schafer F.C. Tucker Company

  311 W 26th St, Indianapolis, IN 46208
• 

  

  /10

  $139,900

  • 2 Beds
  • 1 Bath

  946 W 26th St, Indianapolis, IN 46208

  Nice duplex two bedrooms each side. One bedroom one bedroom down. Galley kitchen. There are currently tenants in both sides. Tenants are on month-to-month status. Parking behind the property or on the street. Owners made lots of improvements last couple years. Please do not disturb tenants. Showings will only be done after a purchase agreement has been accepted, with the caveat subject to viewing

  Michael Wyatt Advisors Commercial Real Estate

  946 W 26th St, Indianapolis, IN 46208
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  /27

  $160,000

  • 3 Beds
  • 1 Bath
  • 1,143 Sq Ft

  4429 Dudley North Dr, Indianapolis, IN 46237

  For more information please reach out to the listing agent directly if you are not currently represented by an agent. Great investment opportunity! Come see this southside fixer upper in the established Sunny Breeze Subdivision in a prime location in Perry Township. Priced to sell! Sits in a beautiful neighborhood with large lots, no HOA and on a corner lot with mature trees. They dont build them

  Barbara Whiteside Keller Williams Indy Metro NE

  4429 Dudley North Dr, Indianapolis, IN 46237
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  /38

  $139,900

  $5K PRICE DROP

  • 3 Beds
  • 1.5 Baths
  • 1,138 Sq Ft

  3520 N Grant Ave, Indianapolis, IN 46218

  Calling all investors- a charming cozy single family home nestled in a desirable neighborhood, offering an incredible investment opportunity for savvy buyers. With 3 bedrooms, 1.5 bathrooms,this property is perfect for a growing family or an investor looking to expand their portfolio. It has a large fenced in private back yard providing plenty of outdoor space for children to play or for hosting

  Lloyd Manning Four Seasons Realty Group LLC

  3520 N Grant Ave, Indianapolis, IN 46218
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  /35

  $185,000

  • 2 Beds
  • 1 Bath
  • 888 Sq Ft

  2025 E Dudley Ave, Indianapolis, IN 46227

  Welcome home to this adorable 2-bedroom, 1-bath ranch nestled on a quiet street in desirable Perry Township. Offering approximately 888 square feet of comfortable living space, this well-maintained home is perfect for first-time buyers, downsizers, or anyone looking for a cozy place to call home. Step inside and enjoy a functional layout with plenty of natural light and comfortable living spaces.

  Colleen Gordon CENTURY 21 Scheetz

  2025 E Dudley Ave, Indianapolis, IN 46227
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  /2

  $139,900

  • Land
  • 23,391 Sq Ft
  • $260,521 per Acre

  7420 Creekbed Ln, Indianapolis, IN 46256

  The Sanctuary, is a beautiful wooded enclave and an outstanding hillside community comprised of 21 premium lots; just minutes away from "the rest of the world". Access to shopping, downtown, interstate, and the north side is very simple.

  David Jessee F.C. Tucker Company

  7420 Creekbed Ln, Indianapolis, IN 46256
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  /13

  $165,000

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

  4257 Weaver Ave, Indianapolis, IN 46227

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

  Jamie Suchotzky Red Hot, REALTORS LLC

  4257 Weaver Ave, Indianapolis, IN 46227
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  /33

  $189,900

  $5K PRICE DROP

  • 2 Beds
  • 1 Bath
  • 728 Sq Ft

  924 Saint Peter St, Indianapolis, IN 46203

  Full of charm and thoughtful updates throughout, this 2 bedroom, 1 bath home offers a layout that feels comfortable, functional, and inviting. The kitchen has been updated with stainless steel appliances and a clean, modern look while still feeling warm and welcoming. The second bedroom features a handmade desk and custom shelving, making it a great space for a home office, hobby room, or guest

  Mollie Fraley F.C. Tucker Company

  924 Saint Peter St, Indianapolis, IN 46203
• 

  

  /13

  $135,900

  $14K PRICE DROP

  • 3 Beds
  • 2 Baths
  • 1,510 Sq Ft

  1553 W New York St, Indianapolis, IN 46222

  Comfortable and Quaint Home decorated w/mini blinds, ceiling fans and lighting. Front room, dining room, kitchen, bath and two bedrooms on first level and Master bedroom and full bathroom and seating area takes up the entire top level. Stove/Refrigerator, and washer/dryer hook up provided. Front porch and fenced in back yard with walkable basement with furnace and water heater and plenty of

  Pamela Journey E & L Son Enterprise, LLC

  1553 W New York St, Indianapolis, IN 46222
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  /24

  $184,900

  $5K PRICE DROP

  • 4 Beds
  • 1.5 Baths
  • 2,444 Sq Ft

  5702 E 40th St, Indianapolis, IN 46226

  Great investment opportunity on Indy's Eastside. This 4-bedroom, 1.5 bath stone ranch offers over 2,000 sq ft of livable space, including a partially finished basement. The home features solid bones, working mechanicals, and plenty of upside for anyone looking to add value. With some cosmetic updates and minor improvements, buyers can unlock instant equity. Sitting on a nice corner lot with a

  Anthony Burris Resilient Realty Investments

  5702 E 40th St, Indianapolis, IN 46226
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  /6

  $50,000

  $40K PRICE DROP

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

  9887 Royce Dr, Indianapolis, IN 46235

  Income producing 3 bedroom 2 bath condo currently tenant occupied and ready to go for an investor seeking immediate rental income. This unit offers a functional floor plan with a private patio and an attached garage. The unit was rehabbed prior to the current tenant moving in and has been maintained during tenancy. Located within an established condominium association. Ideal for investors focused

  Jameka Howard Compass Indiana, LLC

  9887 Royce Dr, Indianapolis, IN 46235
• 

  

  /14

  $85,000

  $40K PRICE DROP

  • 3 Beds
  • 1 Bath
  • 889 Sq Ft

  3102 N Temple Ave, Indianapolis, IN 46218

  Single story home featuring 3 bedrooms and 1 full bath, perfect for investors or owner occupant buyers looking to add their own personal touches. The property includes a detached single car garage and a spacious backyard. With its versatile layout and great potential, this property is a fantastic opportunity to create value and make it your own. Great location and just minutes from downtown.

  Edwin Watson Triple E Realty, LLC

  3102 N Temple Ave, Indianapolis, IN 46218

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