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

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  • /2

    $55,000

    • Land
    • 0.13 Acre
    • $423,077 per Acre

    8326 Meadowlark, Indianapolis, IN 46226

    Selling as a package. Includes 8326 Meadorlark, 8330 Meadowlark, 8334 Meadowlark Lots 127, 128, 129, 130, 131, 132 Parcels 4016371, 4016373, 4016375 Preliminary titlework completed through First American.

    Jennifer Brammer Jennifer Brammer

    8326 Meadowlark, Indianapolis, IN 46226
  • /2

    $25,000

    • Land
    • 0.12 Acre
    • $208,333 per Acre

    3918 E 30th St, Indianapolis, IN 46218

    40 X 130 lot for sale.

    Leslie McNeeley @properties

    3918 E 30th St, Indianapolis, IN 46218
  • /4

    $69,000

    • Land
    • 0.13 Acre
    • $536,547 per Acre

    1722 Sheldon St, Indianapolis, IN 46218

    Hard to find lot in popular downtown Indianapolis location with many development opportunities surrounding. All due diligence (including survey, utility connection information, building codes, etc.) are the sole responsibility of the buyer.

    Nicole Crouch Crossroads Realty, LLC

    1722 Sheldon St, Indianapolis, IN 46218
  • /10

    $60,000

    • Land
    • 0.11 Acre
    • $545,455 per Acre

    1867 New St, Indianapolis, IN 46203

    Construct your dream home on this vacant lot located in sought-after, historic Bates-Hendricks neighborhood within walking distance to local eateries, shops, parks, and trails. Building Plans available with acceptable offer. Lot dimensions 34 ft x 137 ft.

    Andrew Barr @properties

    1867 New St, Indianapolis, IN 46203
  • /5

    $159,000

    • 3 Beds
    • 1 Bath
    • 1,222 Sq Ft

    1446 Spann Ave, Indianapolis, IN 46203

    Calling all investors-seasoned pros and first-timers! This 3-bedroom, 1-bath home near Fountain Square is your next opportunity. Renovate it, then keep it, rent it, or flip it-the choice is yours.

    Mike Scott Scott Estates

    1446 Spann Ave, Indianapolis, IN 46203
  • /2

    $25,000

    • Land
    • 0.02 Acre
    • $1,250,000 per Acre

    2750 Forest Manor Ave, Indianapolis, IN 46218

    26 X 40 lot for sale.

    Leslie McNeeley @properties

    2750 Forest Manor Ave, Indianapolis, IN 46218
  • /2

    $45,000

    • Land
    • 0.24 Acre
    • $187,500 per Acre

    1544 Perkins Ave, Indianapolis, IN 46203

    Double lot, 0.24 acres, in area ready for development. Quiet street with easy access to interstate.

    Kristin Hollister Highgarden Real Estate

    1544 Perkins Ave, Indianapolis, IN 46203
  • /27

    $161,500

    • 2 Beds
    • 1 Bath
    • 816 Sq Ft

    1213 N Denny St, Indianapolis, IN 46201

    Welcome to this nicely updated 2-bedroom, 1-bath home featuring a detached 1-car garage. Step inside to find new LVP flooring throughout, offering a modern and durable touch to every room. The kitchen has been upgraded with brand-new cabinets and countertops, perfect for cooking and entertaining. Additional updates include a new roof and new water heater for your peace of mind. Relax in the

    Denise LaChance Tyler Knows Real Estate LLC

    1213 N Denny St, Indianapolis, IN 46201
  • /31

    $155,900

    • 2 Beds
    • 1 Bath
    • 936 Sq Ft

    1168 N Gladstone Ave, Indianapolis, IN 46201

    Nice bungalow in popular Little Flower area. Great for first time buyer or rental. Nice homey place. Living room has woodburning fireplace. Brand NEW roof! Property has new water heater and newer furnace. Some updates to kitchen and bath. Dishwasher just installed. Nice big living room and dining room. Some new fixtures. Large lot, please look in the back of the garage. The fenced area is part of

    Vicki Palmore-Hale United Real Estate Indpls

    1168 N Gladstone Ave, Indianapolis, IN 46201
  • /2

    $130,000

    • Land
    • 0.28 Acre
    • $464,286 per Acre

    2351 Carrollton Ave, Indianapolis, IN 46205

    Excellent development opportunity offering the option to purchase two contiguous lots together or acquire a single lot individually. The current list price reflects one-half of the overall parcel, which is scheduled to be subdivided and re-listed accordingly in the coming weeks. Ideally located in Reagan Park, just minutes from Downtown Indianapolis, these D8-zoned parcels present strong

    Mike Scott Scott Estates

    2351 Carrollton Ave, Indianapolis, IN 46205
  • /2

    $29,000

    • Land
    • 0.11 Acre
    • $263,636 per Acre

    2165 Sugar Grove Ave, Indianapolis, IN 46202

    35x135 lot. See agent remarks for more information.

    Mark Nottingham @properties

    2165 Sugar Grove Ave, Indianapolis, IN 46202
  • /24

    $149,000

    • 2 Beds
    • 1 Bath
    • 784 Sq Ft

    3748 N Olney St, Indianapolis, IN 46218

    Welcome Home! Experience the perfect blend of classic charm and modern convenience in this absolutely turn-key 2 bedroom, 1 bathroom residence. This home has undergone a complete remodel, offering peace of mind and stylish finishes throughout. Say goodbye to major repair worries! The electrical, plumbing, and HVAC systems were entirely redone in 2025, ensuring years of comfortable, efficient

    Dylan Pettijohn Real Broker, LLC

    3748 N Olney St, Indianapolis, IN 46218
  • /16

    $190,000

    • 3 Beds
    • 1.5 Baths
    • 1,073 Sq Ft

    3520 Beeler Ave, Indianapolis, IN 46224

    3520 Beeler Ave, Indianapolis, IN, is a single-family residence, nestled in a desirable location, offering a move-in condition that will immediately make you feel at home. With three bedrooms and one full bathroom, with an additional half bathroom! This home has comfortable living spaces that are thoughtfully laid-out to enhance your everyday experiences. The residence offers 1073 square feet of

    Shelly Woods Highgarden Real Estate

    3520 Beeler Ave, Indianapolis, IN 46224
  • /3

    $20,000

    • Land
    • 0.12 Acre
    • $166,667 per Acre

    3008 Sapphire Blvd, Indianapolis, IN 46268

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

    Ido Shuqrun Keller Williams Indy Metro S

    3008 Sapphire Blvd, Indianapolis, IN 46268
  • /31

    $185,000

    • 2 Beds
    • 1.5 Baths
    • 1,440 Sq Ft

    931 N Oakland Ave, Indianapolis, IN 46201

    This updated 2-bedroom, 1.5-bath home has a great mix of style and everyday comfort. The kitchen features granite countertops and stainless steel appliances, and durable LVP flooring runs throughout the home. The living space includes an entertainment console with a modern fireplace, perfect for cozy nights in. Outside, you'll love the fully fenced backyard with parking pad, a paver patio and

    Michael Feldman Compass Indiana, LLC

    931 N Oakland Ave, Indianapolis, IN 46201
  • /16

    $148,900

    • 2 Beds
    • 1 Bath
    • 912 Sq Ft

    2526 English Ave, Indianapolis, IN 46201

    Step inside this welcoming ranch-style brick home in the Twin Aire neighborhood and see the potential waiting for you. With its comfortable layout and bright, open feel, this home offers a great start for anyone looking to make a place their own. The location is convenient to Downtown, Fountain Square, the East side and Irvington. This single-level home features a large fenced back yard for kids

    Dan McNeal @properties

    2526 English Ave, Indianapolis, IN 46201
  • /4

    $79,000

    • 3 Beds
    • 1.5 Baths
    • 954 Sq Ft

    2916 E North St, Indianapolis, IN 46201

    Great property for investor to purchase & update with some sweat equity. Lot's of upside for the right investor. 3 br's & great lot with plenty of space to expand! Seller prefers CASH offers only and to close in 10 days from signed contract. This has significant upside value for the right investor.

    Chas Schaffernoth F.C. Tucker Company

    2916 E North St, Indianapolis, IN 46201
  • /23

    $180,000

    • 3 Beds
    • 1.5 Baths
    • 1,960 Sq Ft

    3537 Cecil Ave, Indianapolis, IN 46226

    Move-in ready 3-bedroom, 1.5-bath home featuring fresh interior paint throughout. This well-maintained property offers comfortable living space and is ready for its new owners. A great opportunity for buyers looking for a home they can move right into.

    Banessa Lara F.C. Tucker Company

    3537 Cecil Ave, Indianapolis, IN 46226
  • /32

    $189,900

    • 3 Beds
    • 2 Baths
    • 1,565 Sq Ft

    6509 Emerald Hill Ct Unit 309, Indianapolis, IN 46237

    Step into style, comfort, and effortless living in this beautifully remodeled 3-bedroom, 2-bath condominium in highly sought after Windslow Crossing! Thoughtfully updated from top to bottom, this home shines with new luxury vinyl plank flooring, modern light fixtures throughout, a new kitchen faucet and dishwasher, and added peace of mind with a new smoke alarm plus a newer HVAC system and water

    Suzan Shoemaker F.C. Tucker Company

    6509 Emerald Hill Ct Unit 309, Indianapolis, IN 46237
  • /4

    $150,000

    • Land
    • 0.16 Acre
    • $937,500 per Acre

    866 Fletcher Ave, Indianapolis, IN 46203

    This is a 35x198 lot with a LARGE block garage on the back or the property off of the alley. The garage itself is 27' wide across the 30' wide lot. The garage has its own 200 amp service. It is tall enough to be possible to make a second story within it as a workshop or small carriage house apartment. The white and red brick house to the West has an addition that currently straddles the property

    Mina Starsiak Hawk Two Chicks Homes

    866 Fletcher Ave, Indianapolis, IN 46203
  • /8

    $84,000

    • Land
    • 1.22 Acres
    • $68,852 per Acre

    1139 Touchstone Dr, Indianapolis, IN 46239

    Exceptional opportunity to build the custom home of your dreams in Stable Chase Estates, located in South Warren Township. This spacious lot offers a peaceful setting adjacent to a nature preserve and Buck Creek, providing beautiful natural views and privacy. Conveniently located just minutes from I-465, I-70, and downtown Indianapolis, with easy access to shopping, dining, and schools. Enjoy the

    Kelsey Aslam Weichert Realtors EPG

    1139 Touchstone Dr, Indianapolis, IN 46239
  • /9

    $140,000

    • 3 Beds
    • 1 Bath
    • 1,104 Sq Ft

    533 Lynn St, Indianapolis, IN 46222

    This 3-bedroom, 1-bath home is currently rented for $1,275 per month and provides solid, consistent income. Located on the west side of Indianapolis, it offers easy access to nearby parks, schools, and major roads. The layout is functional and tenant-friendly, with low-maintenance finishes throughout. A great fit for investors seeking steady returns.

    Olga Bliuc-Haggard New Quantum Realty Group

    533 Lynn St, Indianapolis, IN 46222
  • /21

    $119,000

    • 3 Beds
    • 1 Bath
    • 1,214 Sq Ft

    435 N Rural St, Indianapolis, IN 46201

    This 2-story, 3-bedroom home is full of potential and ready for your personal touch! Whether you're looking for starter home, flip, rent, or hold, this property makes a smart addition to your portfolio. Features include a charming covered front porch and a spacious back deck-perfect for relaxing or entertaining.

    Katrina Archie RE/MAX Advanced Realty

    435 N Rural St, Indianapolis, IN 46201
  • /15

    $159,900

    • 2 Beds
    • 1 Bath
    • 872 Sq Ft

    3644 N Parker Ave, Indianapolis, IN 46218

    Turn-key first time homebuyer or rental investment. Enjoy this recently updated, 2 bed, 1 bath, brick home with 2-car detached garage. This property sits on a beautiful lot and awaits its new owner. Enjoy the large front porch, kitchen with quartz counters and backsplash, and custom bath with tile and shower surround. There is plenty of room to finish out the basement to suit your needs.

    Brian Pachciarz Estansion Group by BLP

    3644 N Parker Ave, Indianapolis, IN 46218
  • /28

    $142,500

    • 3 Beds
    • 2 Baths
    • 1,820 Sq Ft

    3206 N College Ave, Indianapolis, IN 46205

    Nestled in the heart of one of the city's most sought-after neighborhoods, this charming historic townhouse sits proudly on the iconic corner of 32nd and College-surrounded by upscale new builds and custom homes. With three spacious bedrooms upstairs and an additional bedroom and full bath in the partially finished basement, this home offers ample space and flexibility. The oversized kitchen is

    Scott Wynkoop Wynkoop Brokerage Firm, LLC

    3206 N College Ave, Indianapolis, IN 46205
  • /15

    $150,000

    • 3 Beds
    • 1 Bath
    • 1,272 Sq Ft

    4708 Payton Ave, Indianapolis, IN 46226

    Spacious, move in ready 3 bedroom, 1 bath home located in Lawrence Township! This home offers a practical layout and comes equipped with an electric stove, dishwasher, and refrigerator, making it ready for immediate occupancy. The backyard provides plenty of space for entertaining and comes with a mini barn that offers additional storage. Great location! Close to interstate entrances and Fort

    Evona Watson Triple E Realty, LLC

    4708 Payton Ave, Indianapolis, IN 46226
  • /2

    $185,000

    • 4 Beds
    • 2 Baths
    • 1,440 Sq Ft

    3308 Schofield Ave, Indianapolis, IN 46218

    Investor-friendly opportunity in the 46218 area! This property is a great deal with potential for easy conversion into a duplex, making it ideal for those looking to add value. Currently tenant-occupied with 5 months remaining on the lease, providing steady income while you plan for the next steps. Located in an up-and-coming neighborhood, this home offers great long-term investment potential.

    Amber Barry Scott Estates

    3308 Schofield Ave, Indianapolis, IN 46218
  • /23

    $100,000

    • 2 Beds
    • 1 Bath
    • 787 Sq Ft

    2310 E Raymond St, Indianapolis, IN 46203

    Welcome to the renovated home designed for modern living without compromise. This property boasts extensive upgrades to ensure both comfort and quality. New main water lines have been installed to provide consistent water pressure, along with an entirely new electrical system, including a main electric box inside and out. Step inside to discover new drywall installation and insulation for

    Basim Najeeb Keller Williams Indy Metro S

    2310 E Raymond St, Indianapolis, IN 46203
  • /6

    $104,900

    • 3 Beds
    • 1 Bath
    • 1,066 Sq Ft

    2716 Baltimore Ave, Indianapolis, IN 46218

    Excellent investment opportunity on Indy's Eastside! Last rent was $1,250/month. Property needs some work to be rent ready but has a driveway, large back yard, and is near parks and close to Downtown or Interstate access. Additional 10 properties available from same seller/agent, also vacant, varying condition. Property is sold in Receivership - requires UNITED STATES DISTRICT COURT FOR THE

    Sam Barron Barron Property Services

    2716 Baltimore Ave, Indianapolis, IN 46218
  • /7

    $80,000

    • Land
    • 0.12 Acre
    • $666,667 per Acre

    631 N Beville Ave, Indianapolis, IN 46201

    Prime investment opportunity in a rapidly evolving area! Less than 5 minutes from The Bottleworks District, Mass Ave, and the Monon Trail. Enjoy easy access to downtown Indianapolis, top-tier restaurants, and beautiful parks. With significant renovation and development happening nearby, this property offers incredible potential for the savvy investor. Property next door at 629 Beville also for

    Cameron Harris @properties

    631 N Beville Ave, Indianapolis, IN 46201
  • /7

    $80,000

    • 2 Beds
    • 1 Bath
    • 2,000 Sq Ft

    9783 Kingscross Ct, Indianapolis, IN 46235

    Income producing 2 bedroom 1 bath condo currently tenant occupied and ready for an investor seeking immediate rental income. This unit features 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.

    Jameka Howard Compass Indiana, LLC

    9783 Kingscross Ct, Indianapolis, IN 46235
  • /2

    $35,000

    • Land
    • 0.09 Acre
    • $388,889 per Acre

    937 Edgemont Ave, Indianapolis, IN 46208

    30 X 130 lot for sale.

    Leslie McNeeley @properties

    937 Edgemont Ave, Indianapolis, IN 46208
  • /6

    $25,000

    • Land
    • 0.15 Acre
    • $166,667 per Acre

    2890 Emerald St, Indianapolis, IN 46268

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

    Ido Shuqrun Keller Williams Indy Metro S

    2890 Emerald St, Indianapolis, IN 46268
  • /39

    $180,000

    • 3 Beds
    • 2.5 Baths
    • 1,750 Sq Ft

    1208 W 18th St, Indianapolis, IN 46202

    This fully remodeled home boasts 3 bedrooms and 2.5 baths with high-end finishes throughout. Everything has been updated, including luxury tile and plush carpet flooring. The spacious open floor plan leads to a stunning kitchen, perfect for entertaining. The home features a durable metal roof and numerous upgrades. Located in a highly sought-after neighborhood, just minutes from downtown, close

    Kerolos Sarofem HSI Commercial & Residential Group, Inc

    1208 W 18th St, Indianapolis, IN 46202
  • /3

    $90,000

    • Land
    • 0.09 Acre
    • $1,000,000 per Acre

    2033 Prospect St, Indianapolis, IN 46203

    0.09 acre lot with flexible zoning - C4. Residential housing for single-family or multi-family are both permitted as well as numerous options for commercial operations such as retail, hotel, business, automotive repair, and more! Minutes from the downtown Indianapolis area and local infrastructure. Just east of Fountain Square and its long history as a commercial district, now a sought-after area

    Marcia Souers eXp Realty, LLC

    2033 Prospect St, Indianapolis, IN 46203
  • /2

    $25,000

    • Land
    • 0.12 Acre
    • $208,333 per Acre

    3728 E 28th St, Indianapolis, IN 46218

    35 X 150 lot for sale.

    Leslie McNeeley @properties

    3728 E 28th St, Indianapolis, IN 46218
  • /24

    $75,000

    • 3 Beds
    • 1 Bath
    • 1,703 Sq Ft

    1229 N Tuxedo St, Indianapolis, IN 46201

    Bring your vision and creativity to this 3-bedroom, 1-bath home situated on a spacious corner lot in a rapidly developing neighborhood. This property offers great potential for investors, flippers, or homeowners looking to add value and make it their own. With solid bones and plenty of room for customization, this home is ready for the right buyer to transform it into something special. For more

    Barbara Whiteside Keller Williams Indy Metro NE

    1229 N Tuxedo St, Indianapolis, IN 46201
  • /18

    $137,900

    • 2 Beds
    • 1 Bath
    • 720 Sq Ft

    887 S Auburn St, Indianapolis, IN 46241

    Located at 887 S Auburn St, Indianapolis, IN, this single-family residence in Marion County presents an exciting opportunity to own property in a desirable location and school system. This home offers the chance to create a personalized living space. The residence includes two bedrooms; 1 full bath. Imagine designing each room to reflect your personal style, creating comfortable spaces for

    Janis Smith Platinum Real Estate Group LLC

    887 S Auburn St, Indianapolis, IN 46241
  • /7

    $130,000

    • 6 Beds
    • 2 Baths

    3021 Boulevard Place, Indianapolis, IN 46208

    For investors, house hackers, or visionaries, this is the one you have been waiting for! Close proximity to just about everything you could need, a divided covered porch, a large backyard, and a detached 2 car garage begin the desirable features. Adorned with hardwood flooring inside, a great room, a separate dining room, and 3 bedrooms amongst other rooms provide plenty of space. With your

    Chris Price Keller Williams Indy Metro S

    3021 Boulevard Place, Indianapolis, IN 46208
  • /2

    $29,000

    • Land
    • 0.12 Acre
    • $241,667 per Acre

    52 S Dearborn St, Indianapolis, IN 46201

    Vacant lot. Ready to build on.

    David Salemme Diverse Property Solutions Ind

    52 S Dearborn St, Indianapolis, IN 46201

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