Indianapolis, IN Homes for Sale with Basement under $200,000

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  /25

  $189,500

  • 2 Beds
  • 1 Bath
  • 1,036 Sq Ft

  409 Harlan St, Indianapolis, IN 46201

  Welcome home! This house has so much to offer. Situated on a double-lot (rare!), this updated 2-level home comes with 2 beds, 1 full bath & has been meticulously renovated from top to bottom. New floors, new windows, new roof, tile, plumbing, HVAC, new everything! The backyard deck is perfect for entertaining guests & friends. The fully fenced in double-lot yard gives you plenty of yard space &

  Alexander Elston United Real Estate Indpls

  409 Harlan St, Indianapolis, IN 46201
• 

  

  

  /20

  $137,500

  • 2 Beds
  • 2 Baths

  1111 Medford Ave, Indianapolis, IN 46222

  Are you in the market for a cash flowing multifamily property? This is the one for you! This property is conveniently located within walking distance of local shops and restaurants, and after a few minutes of driving occupants can easily be in the heart of downtown Indianapolis. These units are perfect for tenants who do not want the burden of maintaining a single-family home but do not want to

  Evan Wilbrandt Wilmoth Group

  1111 Medford Ave, Indianapolis, IN 46222
• 

  

  

  /41

  $139,000

  • 4 Beds
  • 2 Baths
  • 1,120 Sq Ft

  2403 N Parker Ave, Indianapolis, IN 46218

  Beautiful 4BR/2BA home on a quiet street in Indy's Near Eastside! This move-in-ready property features fresh paint, hardwood flooring, a spacious backyard with off-street parking and room for outdoor living. Convenient location just minutes to downtown, parks, and highways. Ideal for owner-occupant or turnkey investor-updated, affordable, and ready to move!

  Nichole Owens Nichole Owens

  2403 N Parker Ave, Indianapolis, IN 46218
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  /45

  $175,000

  • 2 Beds
  • 1 Bath
  • 957 Sq Ft

  1435 W 28th St, Indianapolis, IN 46208

  Completely renovated Riverside home with amazing proximity to popular Amp 16 Tech, The White River tow path, and the refreshed Riverside Park. All new in 2022: new windows, new kitchen cabinets & countertops and all new kitchen appliances. Bathroom has been completely overhauled and most exciting-new A/C unit, new lighting fixtures, ceiling fans, new garage door, and refinished original hardwood

  Amy Spillman Compass Indiana, LLC

  1435 W 28th St, Indianapolis, IN 46208
• 

  

  

  /19

  $159,000

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

  3025 E Minnesota St, Indianapolis, IN 46203

  Nestled at 3025 E Minnesota ST, INDIANAPOLIS, IN, this single-family residence offers a unique opportunity to establish roots in a vibrant community. This property presents a canvas awaiting your personal touch and creative vision. With 1248 square feet of living area, the home provides an inviting space to craft memorable moments. The residence features an enclosed porch, three bedrooms,

  George Roper BHB Real Estate Group

  3025 E Minnesota St, Indianapolis, IN 46203
• 

  

  /14

  $135,000

  • 2 Beds
  • 1 Bath
  • 672 Sq Ft

  1610 E Palmer St, Indianapolis, IN 46203

  Fall in love with this charming home located just steps from Fountain Square! This newly renovated 2-bedroom, 1-bath residence features modern finishes and a move-in-ready style. Enjoy open-concept living and dining, on-trend vinyl plank floors, and a front covered porch ideal for enjoying your morning coffee. Perfect for first-time home buyers or investors, with low property taxes and median

  Rachel Schultz CENTURY 21 Scheetz

  1610 E Palmer St, Indianapolis, IN 46203
• 

  

  /14

  $155,500

  • 2 Beds
  • 1 Bath
  • 909 Sq Ft

  609 N Euclid Ave, Indianapolis, IN 46201

  Nestled at 609 N Euclid AVE, INDIANAPOLIS, IN, this single-family residence offers an exciting opportunity to craft your ideal home environment. Within the 909 square feet of living area, two bedrooms provide personal space for rest and rejuvenation. The single full bathroom offers a functional space to begin and end each day. The property sits on a 5445 square feet lot area, offering outdoor

  Joey Gaard Pocket Property, LLC

  609 N Euclid Ave, Indianapolis, IN 46201
• 

  

  /17

  $194,000

  • 4 Beds
  • 2 Baths

  401 S Randolph St, Indianapolis, IN 46201

  Investor or House Hack Opportunity Near Fountain Square! Discover this duplex featuring two 2-bed, 1-bath units, just minutes from popular Fountain Square restaurants, coffee shops, and nightlife. Each side was recently rented for $1,000/month, offering strong cash flow potential and flexibility. Live in one side and rent out the other! Recent updates include laminate flooring throughout, a

  Kenneth Hall eXp Realty, LLC

  401 S Randolph St, Indianapolis, IN 46201
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  /38

  $197,500

  • 4 Beds
  • 2 Baths
  • 1,681 Sq Ft

  415 W 39th St, Indianapolis, IN 46208

  Investor special near downtown Indy! This charming 4-bedroom, 2-bath home is perfectly positioned for strong rental income potential. Located just minutes from Butler University, IUPUI, and some of Indiana's top medical centers including IU Health Methodist, Eskenazi Health, and Riley Hospital for Children, this property is ideal for student housing, group rentals, or traveling healthcare

  Charlene Gaard No Limit Real Estate, LLC

  415 W 39th St, Indianapolis, IN 46208
• 

  

  /19

  $199,000

  • 4 Beds
  • 2 Baths

  2805 Boulevard Place, Indianapolis, IN 46208

  Welcome to 2805 Boulevard Place - a versatile top/bottom duplex in the rapidly developing Highland Vicinity neighborhood, just minutes from downtown Indianapolis. This area is seeing major growth with the new $4.3 billion IU Health hospital expansion less than 1.5 miles away, plus quick access to Ivy Tech, the Children's Museum, 16 Tech Campus, Marian University, and the downtown IU campus. The

  Peter Stewart Keller Williams Indpls Metro N

  2805 Boulevard Place, Indianapolis, IN 46208
• 

  

  /23

  $184,900

  • 2 Beds
  • 2 Baths
  • 1,120 Sq Ft

  2709 Westbrook Ave, Indianapolis, IN 46241

  Welcome to this stunning ranch, where every detail shines! Unwind in the spacious living room, and entertain in style in the state-of-the-art kitchen and dining area. This luxurious 2-bedroom, 2-bathroom home has been meticulously maintained since its comprehensive update in 2022, which included roof, siding, doors, HVAC, appliances, flooring, and more. With 200 amp electrical service and

  Luis Coronel Realty of America LLC

  2709 Westbrook Ave, Indianapolis, IN 46241
• 

  

  /27

  $165,900

  • 2 Beds
  • 1 Bath
  • 1,260 Sq Ft

  1627 N Berwick Ave, Indianapolis, IN 46222

  This newly remodeled bungalow home as you enter it has a beautiful covered front porch with lots of windows, a living room, two bedrooms, one bath, kitchen, dining, and a one car garage. It also has extra income, in law, or storage opportunity with the extra smaller home in the property. It sits off 16th St. on the corner with california burger. It's near the Indianapolis Motor Speedway and the

  Armando Torres Towers Real Estate

  1627 N Berwick Ave, Indianapolis, IN 46222
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  /46

  $185,000

  • 6 Beds
  • 2 Baths

  102 N Denny St, Indianapolis, IN 46201

  Near East side duplex in Tuxedo Park, with 3 bedrooms, 1 bathroom, full basement and covered front porch on each side. Unit 102 is vacant and has fresh paint throughout, original hardwood floors, and pantry space in the kitchen. Unit 104 also has hardwood floors with newer vinyl plank flooring in the kitchen. Both units have laundry hookups in the basement. Great investment property with room to

  Chris Price Keller Williams Indy Metro S

  102 N Denny St, Indianapolis, IN 46201
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  /11

  $174,000

  • 4 Beds
  • 1 Bath
  • 2,238 Sq Ft

  608 Lincoln St, Indianapolis, IN 46203

  This home offers so much potential to fix ! Great location with street and alley access. Big rooms with lots of space and high ceilings. Attic for storage or potential living space.

  Tatyana Crismore Indiana Homestore, LLC

  608 Lincoln St, Indianapolis, IN 46203
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  /18

  $184,900

  • 2 Beds
  • 1 Bath
  • 1,095 Sq Ft

  926 N Bancroft St, Indianapolis, IN 46201

  Nestled at 926 N Bancroft ST, this single-family residence offers an inviting home, ready to welcome its new owners. The living room presents a warm ambiance, enhanced by the presence of a fireplace, creating a focal point for relaxation and gatherings. Envision evenings spent in comfortable conversation, the gentle glow of the fire casting a peaceful light throughout the space. The kitchen

  Brian Wayman CENTURY 21 Scheetz

  926 N Bancroft St, Indianapolis, IN 46201
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  /29

  $199,900

  • 3 Beds
  • 1 Bath
  • 1,152 Sq Ft

  1043 W 37th St, Indianapolis, IN 46208

  Welcome to 1043 W 37th St - a well-maintained 3-bedroom, 1-bathroom bungalow in the heart of the Minters Sub Clifton neighborhood of Indianapolis. Built in 1920, this 1,152 square foot home features a blend of original charm and modern comfort, including hardwood floors, a formal dining room, and kitchen with vinyl flooring and included appliances: gas water heater, micro hood, electric

  Charlene Gaard No Limit Real Estate, LLC

  1043 W 37th St, Indianapolis, IN 46208
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  /29

  $187,900

  • 2 Beds
  • 1 Bath
  • 780 Sq Ft

  1705 E Kelly St, Indianapolis, IN 46203

  This delightful 2-bedroom traditional American home boasts welcoming curb appeal. The oversized two-car garage features separate doors, and the backyard is enclosed with a six-foot privacy fence. The full basement offers a blank canvas for your vision-whether it becomes a home office, recreation room, bar, or additional bedroom. All appliances are included for your convenience. Just minutes from

  Stacy West Berkshire Hathaway Home

  1705 E Kelly St, Indianapolis, IN 46203
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  /23

  $179,999

  • 3 Beds
  • 1.5 Baths
  • 1,676 Sq Ft

  8319 Wysong Dr, Indianapolis, IN 46219

  This 3-bedroom, 1.5-bath tri-level home is full of opportunity for the right buyer. Whether you're an investor, or someone looking for a project to make your own, this property offers great potential in a well-established neighborhood. The home features a classic tri-level layout with all bedrooms located upstairs for privacy, a bright main level living area, and a lower-level family room that

  Jason Ortiz Gonzalez F.C. Tucker Company

  8319 Wysong Dr, Indianapolis, IN 46219
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  /10

  $149,000

  • 3 Beds
  • 1.5 Baths
  • 1,766 Sq Ft

  9111 E 34th St, Indianapolis, IN 46235

  Investor purchase opportunity featuring a 3/1.5 layout. The home includes a family den that provides added living space. A one-car garage offers convenient parking and storage. The property is in distressed condition and requires updates to maximize its potential.

  Robert Salmons Entera Realty

  9111 E 34th St, Indianapolis, IN 46235
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  /13

  $125,000

  • 3 Beds
  • 1 Bath
  • 1,262 Sq Ft

  1311 W 33rd St, Indianapolis, IN 46208

  This 3-bedroom, 1-bath home is move-in ready and waiting for its next chapter. The layout is practical and comfortable, with plenty of natural light flowing through the living spaces. The kitchen offers good storage and space to personalize over time. Three bedrooms provide flexibility for rest, work, or hobbies, while the full bath has a simple, functional design. Outside, a generous yard with

  Tasheana Hanza Hanza Realty, LLC

  1311 W 33rd St, Indianapolis, IN 46208
• 

  

  /27

  $126,580

  • 4 Beds
  • 1 Bath
  • 2,262 Sq Ft

  1621 Union St, Indianapolis, IN 46225

  Four bedrooms plus bonus room ready for your decorator's touch. Near Bates-Hendricks and convenient access to highways and downtown. Fenced rear yard, covered porch and rear patio. New water heater, furnace 2yrs, updated electrical.

  Ken Nissley Kenter Real Estate, LLC

  1621 Union St, Indianapolis, IN 46225
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  /25

  $175,000

  • 5 Beds
  • 1 Bath
  • 1,728 Sq Ft

  8517 E 42nd St, Indianapolis, IN 46226

  Spacious move in ready 2 story home with 5 bedrooms, 1 bath. New luxury vinyl plank in living room, kitchen, hallway and fully finished basement. 3 bedrooms and one full bath upstairs, 2 large bedrooms or bonus room/home office downstairs. Good sized eat in kitchen with Gas stove, Refrigerator and Dishwasher. Large backyard.

  Pam Craney The Madsen Group, LLC

  8517 E 42nd St, Indianapolis, IN 46226
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  /31

  $199,900

  • 3 Beds
  • 2 Baths
  • 780 Sq Ft

  2437 Coyner Ave, Indianapolis, IN 46218

  Welcome to 2437 Coyner Ave, a home with more than just "good bones." Everything is new: roof, siding, windows, plumbing, electrical, granite countertops, cabinets, appliances, paint, and flooring. Translation: you can skip the tools and get straight to the fun stuff. Inside, you'll find 3 spacious bedrooms-including a main-floor primary-and 2 bathrooms, plus a bright, open kitchen perfect for

  Steve Snyder Ferris Property Group

  2437 Coyner Ave, Indianapolis, IN 46218
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  /39

  $195,000

  • 2 Beds
  • 2 Baths
  • 1,824 Sq Ft

  804 Ingomar St, Indianapolis, IN 46241

  Welcome to this beautiful remodeled 2-bedroom, 2-bathroom home that combines modern elegance with confort. The spacious finished basement offers endless possibilities, such as a home theater, gym plus an extra flex room that can be used for a craft space or even a guest room. The huge finished attic adds even more versatility, ideal for a home office or a playroom. this home is perfect for anyone

  Yessenia Lozano F.C. Tucker Company

  804 Ingomar St, Indianapolis, IN 46241
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  /15

  $132,500

  • 2 Beds
  • 2 Baths

  833 N Gladstone Ave, Indianapolis, IN 46201

  Investors welcome! This single story duplex in Grace Tuxedo Park is fully tenant occupied and generating immediate cash flow. Each unit offers comfortable living space, washer/dryer hook ups in the basement, street parking and dedicated rear parking. Don't miss out!

  Edwin Watson Triple E Realty, LLC

  833 N Gladstone Ave, Indianapolis, IN 46201
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  /12

  $140,000

  • 5 Beds
  • 2.5 Baths
  • 1,904 Sq Ft

  2442 Morning Star Dr, Indianapolis, IN 46229

  Fantastic opportunity for a savvy investor or buyer with a vision. This split-level home offers a spacious 5-bedroom, 2.5-bath layout with a 1-car garage and tremendous upside. This property requires a full renovation but holds the potential for significant after-repair value (ARV) and a strong return on investment. The layout is perfect for multi-generational living or a high-demand rental. This

  Robert Salmons Entera Realty

  2442 Morning Star Dr, Indianapolis, IN 46229
• 

  

  /19

  $151,500

  • 2 Beds
  • 1.5 Baths
  • 1,578 Sq Ft

  602 Eugene St, Indianapolis, IN 46208

  Check out this fantastic opportunity! A 2-Bedroom, 1.5-Bath Home with a 1 Car Garage located on a spacious corner lot. This home features an enclosed front porch, living room with wood burning fireplace, and all kitchen appliances, along with a washer and dryer, are included. The partial finished basement offers a bar area, making it perfect for entertaining, and there's also plenty of room for

  RC Thorne Carpenter, REALTORS®

  602 Eugene St, Indianapolis, IN 46208
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  /16

  $115,900

  • 4 Beds
  • 3 Baths
  • 1,886 Sq Ft

  2806 N Denny St, Indianapolis, IN 46218

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

  Ben Grise List With Ben, LLC

  2806 N Denny St, Indianapolis, IN 46218
• 

  

  /20

  $159,900

  • 3 Beds
  • 3 Baths
  • 900 Sq Ft

  1946 N Euclid Ave, Indianapolis, IN 46218

  Single family residence currently split into 2 potential cash flowing units (Unit A and B). This home will need some minor cosmetics to make turn-key but has the potential to have 3-4 rentable units. The home has a front unit made up of 1 bed and 1 bath. The rear unit is an efficiency. Construction has started in the basement for the potential of a 3rd unit. There is a bathroom already located in

  Brian Pachciarz Estansion Group by BLP

  1946 N Euclid Ave, Indianapolis, IN 46218
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  /13

  $175,000

  • 2 Beds
  • 1 Bath
  • 912 Sq Ft

  1444 E Elbert St, Indianapolis, IN 46227

  Discover the perfect blend of charm and convenience at 1444 E Elbert Street. This inviting 2-bedroom, 1-bath bungalow spans 1,582 sq ft and is nestled on a spacious lot with mature trees, offering the perfect backdrop for both relaxation and everyday living. Step inside to find a bright and comfortable living room that flows seamlessly into the kitchen, creating a welcoming space for family and

  Vince Ferguson Mark Dietel Realty, LLC

  1444 E Elbert St, Indianapolis, IN 46227
• 

  /2

  $200,000

  • 3 Beds
  • 1 Bath
  • 1,276 Sq Ft

  2612 Brookway St, Indianapolis, IN 46218

  Located at 2612 Brookway ST, INDIANAPOLIS, IN, this single-family residence presents a unique opportunity to establish roots in a vibrant community. The property offers a canvas for creating a personalized haven. With 1276 square feet of living space, the residence provides ample room to shape your ideal environment. The layout includes three bedrooms, offering flexibility for residents or

  Chas Schaffernoth F.C. Tucker Company

  2612 Brookway St, Indianapolis, IN 46218
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  /3

  $150,000

  • 3 Beds
  • 1 Bath

  1846 Olive St, Indianapolis, IN 46203

  Nice investment property potential! Inside needs remodeling as was burned in fire. The inside is down to the studs. Needs plumbing, electrical, insulation & dry wall.

  Chas Schaffernoth F.C. Tucker Company

  1846 Olive St, Indianapolis, IN 46203
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  /30

  $129,900

  • 2 Beds
  • 1 Bath
  • 725 Sq Ft

  621 S Butler Ave, Indianapolis, IN 46219

  This home qualifies for up to $15,000 in down payment assistance! Welcome to 621 South Butler, Indianapolis, IN 46219 - a cozy and inviting 2-bedroom, 1-bathroom home offering comfort, character, and convenience. With 725 sq. ft. of living space, this property is the perfect choice for a first-time homebuyer, downsizer, or investor looking for a low-maintenance home in a great location. Inside,

  Rolonda Lolla Austyn Avenue Real Estate

  621 S Butler Ave, Indianapolis, IN 46219
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  /51

  $199,999

  • 3 Beds
  • 2 Baths
  • 1,525 Sq Ft

  4030 Moline Dr, Indianapolis, IN 46221

  This adorable 3 bedroom 2 bath home with unfinished basement is located off Kentucky Ave. Great school system. Large yards front and back. Come relax on the inviting porch. Fresly painted basement, very open so you can finish it how you would like. The oversized detached garage is a great addition to the home. Quite area off the beaten path close to exit

  Doreen Harris RE/MAX Advanced Realty

  4030 Moline Dr, Indianapolis, IN 46221
• 

  

  /19

  $199,900

  • 3 Beds
  • 1 Bath
  • 2,249 Sq Ft

  1607 E Stop 12 Rd, Indianapolis, IN 46227

  This solid Bedford stone ranch with a full basement offers plenty of potential for its next owner. Situated on .88 acres, the property features a private backyard with room to host weekend get-togethers, garden, or simply enjoy the outdoors. Inside, the home provides a fixer-upper opportunity for those ready to add their personal touch. Key updates include a furnace (2018) and water softener

  Johnny Kap Keller Williams Indy Metro S

  1607 E Stop 12 Rd, Indianapolis, IN 46227
• 

  

  /20

  $179,900

  • 2 Beds
  • 1 Bath
  • 921 Sq Ft

  710 N Drexel Ave, Indianapolis, IN 46201

  Welcome to this exquisitely updated bungalow in the heart of the historic Emerson Heights neighborhood, just east of downtown Indianapolis. Perfectly move-in ready, this home shines with a brand-new roof, fresh siding, modern windows, a fully renovated kitchen and bathroom, and elegant LVP flooring throughout. Step through the door to discover a bright, airy interior that blends timeless charm

  Kelly Huff F.C. Tucker Company

  710 N Drexel Ave, Indianapolis, IN 46201
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  /26

  $175,000

  • 4 Beds
  • 1.5 Baths
  • 1,752 Sq Ft

  758 Wallace Ave, Indianapolis, IN 46201

  This 4-bedroom, 2-bath home offers over 2200 feet of comfortable living space and brings in $1050 per month in rental income. The layout is spacious and functional, appealing to long-term tenants. Situated on the eat side of Indianapolis, it's close to school, parks, and major roads. A dependable investment with consistent cashflow.

  Thomas Colvin eXp Realty, LLC

  758 Wallace Ave, Indianapolis, IN 46201
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  /31

  $155,000

  • 3 Beds
  • 1 Bath
  • 865 Sq Ft

  533 Temperance Ave, Indianapolis, IN 46203

  This 3-bedroom, 1-bath home offers nearly 900 feet of comfortable living . The home features beautiful hardwood floors a detached garage and plenty of extra storage space in the full basement. Situated on the east side of Indianapolis, it's close to school, parks, and major roads. Could be a lovely home for a homeowner or a dependable investment with consistent cashflow.

  Thomas Colvin eXp Realty, LLC

  533 Temperance Ave, Indianapolis, IN 46203
• 

  

  /14

  $164,900

  • 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
• 

  

  /26

  $175,000

  • 2 Beds
  • 1 Bath
  • 1,147 Sq Ft

  1214 N Gladstone Ave, Indianapolis, IN 46201

  Welcome to this beautifully renovated 2 bed 1 bath limestone house in Indianapolis. Starting on the exterior you will find a new AC unit, new garage door, new gutters, freshly stained trim, and manicured landscaping. Head inside to a covered sunroom area with new flooring and large, open windows. The home features freshly re-stained hardwood flooring. The kitchen has new LVP flooring, new

  Sarah Schaefer White Stag Realty, LLC

  1214 N Gladstone Ave, Indianapolis, IN 46201

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