Indianapolis, IN Homes under $200,000

• 

  

  

  /36

  $199,900

  • 2 Beds
  • 1 Bath
  • 1,138 Sq Ft

  8145 Bentley Farms Dr, Indianapolis, IN 46259

  Welcome home! This tastefully-designed paired patio home is situated in a wonderfully serene setting, within Franklin Township's beautiful "55 & over" community, Bentley Farms. Upon entry into this pristine home, guests are greeted by a spacious living room, featuring sleek hardwood-look floors & streams of natural light. Well-laid out kitchen is the perfect place to create all your favorite

  

  Megan Kelly

  F.C. Tucker Company

  (317) 967-8954

  8145 Bentley Farms Dr, Indianapolis, IN 46259
• 

  

  

  /43

  $200,000

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

  1467 W 33rd St, Indianapolis, IN 46208

  Updated Bungalow with Additional Lot - Double the Space, Endless Possibilities! Welcome to 1467 W 33rd Street - a beautifully updated 3-bedroom, 2-bathroom bungalow (or ranch-style home) that combines classic charm with modern updates, all nestled on an oversized lot. This property includes the adjacent vacant lot at 1465 W 33rd Street, offering a rare opportunity for expansion, investment, or

  

  Jamesha Norwood

  eXp Realty, LLC

  (317) 674-1134

  1467 W 33rd St, Indianapolis, IN 46208
• 

  

  

  /11

  $149,900

  • 2 Beds
  • 1 Bath
  • 696 Sq Ft

  3105 N Tacoma Ave, Indianapolis, IN 46218

  Step into this stunning fully remodeled 2-bedroom, 1-bath home! Where practically everything is NEW! From top to bottom, no detail has been overlooked. Enjoy peace of mind with a brand-new roof, HVAC system, and water heater, ensuring years of worry-free living. Inside, you'll find all-new flooring, fresh paint throughout, new doors, and new stylish trim that give the home a modern, fresh feel.

  

  Nathaniel Cromlich

  CENTURY 21 Scheetz

  (317) 967-9799

  3105 N Tacoma Ave, Indianapolis, IN 46218
• 

  

  

  /25

  $174,000

  • 2 Beds
  • 1 Bath
  • 1,036 Sq Ft

  2521 Prospect St, Indianapolis, IN 46203

  A beautifully renovated 2-bedroom, 1-bath home located just minutes from the vibrant Fountain Square neighborhood. This home perfectly balances its timeless charm with thoughtful updates, offering plenty of room to relax and entertain. Inside, you'll find ample living space, including a cozy living room, a spacious family room, and a versatile rec room that fits any lifestyle. The laundry area is

  

  Lori Davis Smith

  Highgarden Real Estate

  (317) 434-1628

  2521 Prospect St, Indianapolis, IN 46203
• 

  

  

  /36

  $180,000

  • 3 Beds
  • 2 Baths
  • 1,457 Sq Ft

  244 W 31st St, Indianapolis, IN 46208

  Stylishly Renovated Bi-Level Home in Crown Hill! Welcome to this beautifully renovated American-style bi-level in the heart of the vibrant Crown Hill neighborhood of Indianapolis! Blending thoughtful updates with classic design, this home offers 3 well laid out bedrooms, including a main-level primary suite, and 2 full bathrooms one on each level for added convenience. Step inside to find

  

  Charles Lemons

  Highgarden Real Estate

  (463) 283-5565

  244 W 31st St, Indianapolis, IN 46208
• 

  

  /25

  $175,000

  • 3 Beds
  • 1 Bath
  • 858 Sq Ft

  1002 Collier St, Indianapolis, IN 46241

  Welcome to 1002 Collier St, where charm, space, and a fresh start come together on a quiet corner in the heart of the city. This beautifully rehabbed 3-bedroom, 1-bath home sits proudly on a double corner lot, offering plenty of room to garden, entertain, or just breathe in your own slice of outdoor serenity. Step inside and you'll find a move-in-ready space with all the big-ticket items already

  

  Dana Rivers

  Resolute Realty

  (463) 273-3623

  1002 Collier St, Indianapolis, IN 46241
• 

  

  /22

  $169,900

  • 4 Beds
  • 1.5 Baths
  • 1,056 Sq Ft

  5605 Glencoe St, Indianapolis, IN 46226

  Welcome to this updated 4-bedroom, 1 1/2-bath home located in a peaceful Indianapolis neighborhood. This cozy residence features a spacious living room, updated flooring, and functional kitchen. Enjoy a large backyard perfect for relaxing or entertaining, plus convenient off-street parking. Ideal for first-time buyers or investors. Don't miss out on this affordable gem!

  

  Chizuki Lothamer

  @properties

  (317) 751-2039

  5605 Glencoe St, Indianapolis, IN 46226
• 

  

  /31

  $189,889

  • 2 Beds
  • 2 Baths
  • 748 Sq Ft

  1627 Lawton Ave, Indianapolis, IN 46203

  Welcome to 1627 Lawton Ave, a beautifully updated bungalow offering modern upgrades with classic charm! This 2-bedroom home has been fully renovated inside and out, including fresh siding, stylish flooring, updated lighting, and a brand-new kitchen featuring white cabinetry, butcher block countertops, and stainless steel appliances (to be installed before closing). The open-concept main level

  

  Dana Rivers

  Resolute Realty

  (463) 243-6490

  1627 Lawton Ave, Indianapolis, IN 46203
• 

  

  /12

  $174,900

  • 3 Beds
  • 1 Bath
  • 888 Sq Ft

  4120 Breton St, Indianapolis, IN 46222

  Well maintained 3-bedroom, 1-bathroom home located in the Eagledale neighborhood. The inside has updated finishes with luxury vinyl plank and recently painted with a neutral tones. It features a rear detached garage, offering convenient off-street parking, while leaving some room for backyard activities. This property is a great buy at an affordable price in a stable neighborhood, with

  

  Monique Bledsoe

  True Property Management

  (463) 244-4884

  4120 Breton St, Indianapolis, IN 46222
• 

  

  /19

  $134,000

  • 3 Beds
  • 2 Baths
  • 1,131 Sq Ft

  1746 W Lambert St, Indianapolis, IN 46221

  Welcome to this stunning, newly constructed 3-bedroom, 2-bathroom shotgun-style home, perfectly situated on the southwest side of Indianapolis. You will enjoy the charm and covenience of low-maintence. This modern gem offers a seamless blend of style, comfort, and convenience. This home feathers stainless steal appliances and washer and dyer that will be installed before closing.

  

  Jessica Green

  CityPlace Realty

  (317) 733-7528

  1746 W Lambert St, Indianapolis, IN 46221
• 

  

  /28

  $137,998

  • 2 Beds
  • 1 Bath
  • 768 Sq Ft

  3505 Ralston Ave, Indianapolis, IN 46218

  Fully Remodeled Charmer with Endless Potential! Welcome home to 3505 Ralston Ave, where modern updates meet timeless comfort in a quiet neighborhood just minutes from the Monon Trail, perfect for morning jogs, evening strolls, or weekend bike rides. Step inside to a beautifully remodeled interior featuring luxury vinyl plank (LVP) flooring throughout, offering both durability and style. The heart

  

  Dana Rivers

  Resolute Realty

  (317) 623-4861

  3505 Ralston Ave, Indianapolis, IN 46218
• 

  

  /22

  $200,000

  • 3 Beds
  • 1 Bath
  • 1,008 Sq Ft

  569 N Tacoma Ave, Indianapolis, IN 46201

  Fully Renovated Charmer Minutes from Downtown! Welcome to 569 N Tacoma Ave., where modern updates meet classic charm in a growing Indianapolis neighborhood! This move-in-ready 3-bedroom, 1-bath home has been fully rehabbed, offering the perfect blend of style, comfort, and convenience for first-time homebuyers, young professionals, or couples looking for their next chapter. Step inside to

  

  Dana Rivers

  Resolute Realty

  (317) 835-8825

  569 N Tacoma Ave, Indianapolis, IN 46201
• 

  

  /16

  $140,000

  • 3 Beds
  • 2 Baths
  • 1,204 Sq Ft

  3302 E 42nd St, Indianapolis, IN 46205

  Spacious 3 bedroom home with updated kitchen cabinets and bathroom. Great room IS located off the kitchen. Dining room is in the great room. Full basement with another full bath. Back yard is completely fenced in. Oversized garage

  

  Timothy O'Connor

  Berkshire Hathaway Home

  (317) 978-5122

  3302 E 42nd St, Indianapolis, IN 46205
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  /25

  $149,000

  • 3 Beds
  • 2 Baths
  • 1,600 Sq Ft

  5034 Allisonville Rd Unit A, Indianapolis, IN 46205

  Get ready to enjoy a low maintenance lifestyle in this 3 Bed 2 Bath condominium in Washington township. This property is BIG, Bright & Beautiful! The living room is HUGE and its flow is great for entertaining. The unique epoxy floors add a touch of modern elegance throughout. All 3 bedrooms are huge, but the primary is big enough for a KING. The enclosed patio (glass enclosed or screen) is off

  

  Shelley Hansell

  Keller Williams Indy Metro NE

  (317) 978-6135

  5034 Allisonville Rd Unit A, Indianapolis, IN 46205
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  /53

  $120,000

  • 2 Beds
  • 1 Bath
  • 888 Sq Ft

  613 S Mickley Ave, Indianapolis, IN 46241

  Welcome to your new cozy home in Indy! This affordable property is perfect for the next lucky owners. Boasting 2 bedrooms and 1 bath, this charming home also features a convenient one-car garage with a workshop for all your DIY projects. Plus, you'll find two storage sheds for extra space. Situated close to shopping areas and just minutes away from the interstate, you'll enjoy both convenience

  

  Cindy Stockhaus

  Better Homes and Gardens Real Estate Gold Key

  (463) 363-0037

  613 S Mickley Ave, Indianapolis, IN 46241
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  /18

  $184,900

  • 3 Beds
  • 1.5 Baths
  • 1,175 Sq Ft

  835 E Berwyn St, Indianapolis, IN 46203

  Charming 3 bedroom 1.5 bath bungalow Near Garfield Park. You'll love the classic brick accented by a calming blue vinyl exterior, it has great curb appeal. This gem is minutes from Interstate 65 and a short commute to downtown Indianapolis. The Interior has beautiful hardwood floors and a fresh classic look. You'll enjoy spending time in the spacious enclosed patio, perfect for a private retreat

  

  Monique Bledsoe

  True Property Management

  (317) 563-8387

  835 E Berwyn St, Indianapolis, IN 46203
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  /42

  $189,900

  • 6 Beds
  • 2 Baths

  3469 N Capitol Ave, Indianapolis, IN 46208

  Huge potential for a lovely duplex with ample room in each unit. This property appears to have had some updates in the past but still needs your own personal touch to make it special. Huge Living Rooms, D& Formal dining Room with a stairway foyer entrance/mud room, then a large eat in kitchen. Both sides have had some kitchen updates but one side might have a slightly larger kitchen. There are 3

  

  Jackie Lovell

  New Quantum Realty Group

  (463) 363-0054

  3469 N Capitol Ave, Indianapolis, IN 46208
• 

  

  /15

  $100,000

  • Land
  • 0.53 Acre
  • $188,679 per Acre

  8105 Allisonville Rd, Indianapolis, IN 46250

  Tons of possibility on this .53 acre vacant and buildable lot right off Allisonville Road in the quaint and quiet neighborhood of Roland Park. Easy access from both Allisonville and Skyridge Drive. Minutes to 465 and some of the best shopping and dining Indy has to offer. Wide lot with mature trees on the east side of the property.

  

  Shelley Hansell

  Keller Williams Indy Metro NE

  (463) 244-4168

  8105 Allisonville Rd, Indianapolis, IN 46250
• 

  

  /22

  $199,900

  • 3 Beds
  • 2.5 Baths
  • 1,728 Sq Ft

  309 N Lasalle St, Indianapolis, IN 46201

  This completely remodeled 3 bed 2.5 bath home offers tons of space, a main floor primary bedroom, main floor laundry and a detached 2 car garage. With new windows, new HVAC and all new kitchen appliances, there is little to worry about for years to come! The large formal dining room off the kitchen provides space for holiday meals and game night get togethers! The large and inviting family

  

  Sara Thacker

  eXp Realty, LLC

  (317) 978-6988

  309 N Lasalle St, Indianapolis, IN 46201
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  /33

  $195,000

  • 3 Beds
  • 2 Baths
  • 1,154 Sq Ft

  728 E Beecher St, Indianapolis, IN 46203

  A TOTAL rehab has been done on this 3 bed, 2 bath homes in Historic Bates-Hendricks! The home has NEW everything: Roof, gutters, windows, HVAC, plumbing, updated electrical, new flooring and cabinets. There is also a new 18x45 Concrete parking slab out back! The openness of the family room, dining room and kitchen allows for tons of natural light to flood the whole house. The new covered

  

  Sara Thacker

  eXp Realty, LLC

  (317) 936-1644

  728 E Beecher St, Indianapolis, IN 46203
• 

  

  /19

  $135,883

  • 3 Beds
  • 1 Bath
  • 720 Sq Ft

  929 Olin Ave, Indianapolis, IN 46222

  An Investor's Perfect Play Cash Flow from Day One You've been searching for the perfect addition to your portfolio a property that doesn't just promise potential but delivers results from the start. Then, you find it. A fully remodeled, tenant-occupied **cash-flowing investment** that's already working for you. The numbers check out. The tenant is secured through September 2025, meaning

  

  Dana Rivers

  Resolute Realty

  (463) 283-5694

  929 Olin Ave, Indianapolis, IN 46222
• 

  

  /18

  $150,000

  • 2 Beds
  • 1 Bath
  • 1,152 Sq Ft

  4014 E 10th St, Indianapolis, IN 46201

  Great opportunity!!! Currently rented at $1300 a month. Lease expires 7/31/25. Tenants pays on time and is current. Home is professionally managed.

  

  Monique Bledsoe

  True Property Management

  (317) 494-7639

  4014 E 10th St, Indianapolis, IN 46201
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  /5

  $169,900

  • Land
  • 1.00 Acre
  • $169,730 per Acre

  6943 Highland Ridge Ct, Indianapolis, IN 46237

  **Prime Location - Custom Home Building Site in Exclusive Cul-de-sac!** Located in a serene, park-like setting, this 1-acre lot offers the perfect balance of privacy and convenience. Situated in a private cul-de-sac with just 5 exclusive homes, this property is surrounded by mature trees, giving you the feel of rural living while being just minutes away from everything you need. - **Location

  

  Mark Simion

  Simion Real Estate

  (463) 259-5829

  6943 Highland Ridge Ct, Indianapolis, IN 46237
• 

  

  /4

  $130,000

  • 4 Beds
  • 2 Baths

  121 N Euclid Ave, Indianapolis, IN 46201

  Don't miss this opportunity to own a duplex in the up-and-coming Tuxedo Park community. Renovations are underway everywhere around it, and this property would generate excellent cash flow and ARV once it is fully renovated. This duplex is part of a 13-property portfolio, with the remaining properties to follow soon. Buy one or buy all!

  

  James Abner

  eXp Realty, LLC

  (317) 886-1913

  121 N Euclid Ave, Indianapolis, IN 46201
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  /5

  $100,000

  • 2 Beds
  • 1 Bath
  • 1,160 Sq Ft

  1102 S Dequincy St, Indianapolis, IN 46203

  Perfect Investment Fixer Upper or great option to use Renovation Loan for a primary residence. Living room and Family room for extra space, An add-on utilized the original 1-car garage. In need of TLC, price reflects condition. Bonus room was old 3rd bdrm and does not have a closet, can be converted back to 3rd bdm easily.

  

  Brian Smith

  Great Woods Realty LLC

  (317) 961-9892

  1102 S Dequincy St, Indianapolis, IN 46203
• 

  

  /20

  $175,900

  • 3 Beds
  • 1.5 Baths
  • 1,170 Sq Ft

  2180 N Irwin St, Indianapolis, IN 46219

  Welcome to this well-maintained 3-bedroom, 1.5-bath home that blends comfort and convenience. Featuring a brand new roof, this property offers peace of mind and long-term value. The spacious, fully fenced backyard is perfect for entertaining, pets, or kids and includes a covered patio ideal for year-round enjoyment. Inside, you'll find a cozy layout with a bright living space and practical

  

  Jessica Green

  CityPlace Realty

  (317) 827-7745

  2180 N Irwin St, Indianapolis, IN 46219
• 

  

  /16

  $169,000

  • 3 Beds
  • 1 Bath
  • 975 Sq Ft

  1820 Martin St, Indianapolis, IN 46237

  This charming 3-bedroom brick ranch is tucked away in a quiet, established neighborhood and offers the perfect blend of comfort and updates. Step inside to find fresh paint throughout, brand new flooring, and a bright, welcoming layout. The home features a spacious living area, an updated bathroom with a new shower and tub, and a kitchen complete with a brand new refrigerator. Outside, enjoy

  

  Whitney Christy

  Ever Real Estate, LLC

  (317) 458-9261

  1820 Martin St, Indianapolis, IN 46237
• 

  

  /15

  $129,900

  • 4 Beds
  • 2 Baths

  1724 N Somerset Ave, Indianapolis, IN 46222

  Solid Block double. 2-bedrooms per side. Located East of Indianapolis Motor Speedway. Great potential with a little work. Property is currently vacant. Rent has been between $850-$1,200 per month according to past listings.

  

  Timothy O'Connor

  Berkshire Hathaway Home

  (463) 223-9740

  1724 N Somerset Ave, Indianapolis, IN 46222
• 

  

  /17

  $159,900

  • 3 Beds
  • 1 Bath
  • 1,032 Sq Ft

  4402 E New York St, Indianapolis, IN 46201

  Beautifully maintained 3 bed 1 bath home in the heart of Indianapolis. This fully fenced home is the perfect private oasis in the city, it boasts a fresh exterior look with an ornate wooden entry. The charm doesn't start there, the (mostly) neutral color pallet is framed with beautiful molding. To top it all off, the kitchen and bathroom were beautifully updated.

  

  Monique Bledsoe

  True Property Management

  (855) 533-3017

  4402 E New York St, Indianapolis, IN 46201
• 

  

  /20

  $150,000

  • 2 Beds
  • 1 Bath
  • 672 Sq Ft

  564 S Bosart Ave, Indianapolis, IN 46203

  Your dreams of home ownership can become a reality on Bosart Ave. This cozy bungalow has a lot to offer. 2 Bedroom/1 Bathroom with a detached garage and driveway. The Corner lot adds a lot of privacy. The home is well maintained and has been updated with newer appliances and mechanicals. The kitchen provides a delightful space, complete with a backsplash that adds a touch of elegance. The kitchen

  

  Alison Fernandez

  The Stewart Home Group

  (463) 263-8656

  564 S Bosart Ave, Indianapolis, IN 46203
• 

  

  /13

  $160,000

  • 4 Beds
  • 2 Baths

  1105 N Parker Ave, Indianapolis, IN 46201

  Great investment opportunity! This well-maintained duplex features two spacious 2-bedroom, 1-bath units, each offering comfortable living with a functional open floor plan between the living and dining areas-perfect for tenants. Located just minutes from downtown Indianapolis, this property offers excellent access to public transportation with bus lines nearby, making it ideal for commuters.

  

  Jessica Green

  CityPlace Realty

  (463) 583-1950

  1105 N Parker Ave, Indianapolis, IN 46201
• 

  

  /17

  $120,000

  • 2 Beds
  • 1 Bath
  • 696 Sq Ft

  1902 N Colorado Ave, Indianapolis, IN 46218

  Calling all Investors!!!! Nestled at 1902 N Colorado AVE, INDIANAPOLIS, IN, this single-family residence presents an inviting home. Resting upon a generous 7405 square foot lot, this residence, built in 1950. With two bedrooms, this residence presents a cozy and comfortable arrangement for rest and relaxation. This charming property offers the perfect income property

  

  Jessica Green

  CityPlace Realty

  (317) 943-0187

  1902 N Colorado Ave, Indianapolis, IN 46218
• 

  

  /15

  $149,900

  • 3 Beds
  • 1 Bath
  • 999 Sq Ft

  3742 N Wittfield St, Indianapolis, IN 46235

  Beautifully renovated 3-bedroom, 1-bathroom home nestled in the Far Eastside neighborhood of Indianapolis. The home has been thoughtfully updated to enhance comfort and style. This home is ideal for anyone seeking a move-in-ready property. Its proximity to local amenities and major roadways adds to its appeal.

  

  Monique Bledsoe

  True Property Management

  (317) 751-2896

  3742 N Wittfield St, Indianapolis, IN 46235
• 

  

  /19

  $154,900

  • 2 Beds
  • 1 Bath
  • 780 Sq Ft

  3720 W 16th St, Indianapolis, IN 46222

  This completely remodeled 2-bedroom home is the perfect blend of charm and modern updates. Located within walking distance to the iconic Indianapolis Motor Speedway, it's an unbeatable spot for race fans or travelers looking to experience all Indy has to offer. With stylish finishes, cozy living spaces, and a layout designed for comfort, this property would make the perfect Airbnb or personal

  

  Whitney Christy

  Ever Real Estate, LLC

  (317) 934-6936

  3720 W 16th St, Indianapolis, IN 46222
• 

  

  /12

  $114,900

  • 2 Beds
  • 1 Bath
  • 938 Sq Ft

  3031 E 38th St, Indianapolis, IN 46218

  Calling all investors!!! Come see this little cutie! This house boast 2 beds, 1 bath with living and dining room combo and a full basement. Lots of potential here. Come open minded and see the potential! See list of sellers updates: New roof- Feb 2022, new water heater 2022, furnace and central air serviced in 2022. Plumbing and electrical replaced 2022. Hardie Boards installed on exterior just

  

  Kelly Harris

  F.C. Tucker Company

  (317) 676-7851

  3031 E 38th St, Indianapolis, IN 46218
• 

  

  /18

  $194,900

  • 3 Beds
  • 1.5 Baths
  • 1,191 Sq Ft

  2453 Larnie Ln, Indianapolis, IN 46219

  Well kept 3 bedroom ranch home in Warren Township. You'll enjoy a nice white kitchen with stainless steel appliances and adjoining family/dining room combo with fireplace. The main bath has beautiful double vanity. There is luxury vinyl plank flooring in the family areas, and carpet in the living room and bedrooms. This home is a great cozy retreat with attached garage!

  

  Monique Bledsoe

  True Property Management

  (317) 830-5682

  2453 Larnie Ln, Indianapolis, IN 46219
• 

  

  /25

  $155,000

  • 3 Beds
  • 1 Bath
  • 1,006 Sq Ft

  1602 Villa Ave, Indianapolis, IN 46203

  Charming, Cheerful, and Move-In Ready! Welcome to 1602 Villa Ave, a delightful 3-bedroom, 1-bathroom home that perfectly blends vintage character with fresh updates. Whether you're looking for your first home or a fresh start in a new space, this one checks all the boxes. Step inside and you'll be greeted by brand-new flooring, fresh modern paint, and an open living and dining area that's

  

  Dana Rivers

  Resolute Realty

  (317) 936-1833

  1602 Villa Ave, Indianapolis, IN 46203
• 

  

  /16

  $184,900

  • 11 Beds
  • 9 Baths

  1602 E Minnesota St, Indianapolis, IN 46203

  4-unit property and 2-bedroom single family home all on 1 lot. Unit 4 is occupied. All 5 units were occupied, and each tenant was paying $1,000 per month. The 2-bedroom single family home has separate furnace and air-conditioner. The 4-unit building has 2 furnaces for the 4 units Owner pays for the gas, electric and water. Great investment opportunity.

  

  Timothy O'Connor

  Berkshire Hathaway Home

  (463) 223-4024

  1602 E Minnesota St, Indianapolis, IN 46203
• 

  

  /15

  $145,000

  • Land
  • 4.55 Acres
  • $31,868 per Acre

  4440 Carson Ave, Indianapolis, IN 46227

  Your Central Indiana Land Team presents this new listing! Near the corner of I-65-S and 465 sits this great opportunity. Mature trees and creek frontage offer a perfect setting to potentially build a home or have your own recreational get-away near the city. This is zoned residential D-2. Not often does a vacant property this size come available for sale that is not zoned for commercial use.

  Tyler Fritz Whitetail Properties Real Estate

  4440 Carson Ave, Indianapolis, IN 46227
• 

  

  /21

  $200,000

  • Land
  • 26 Acres
  • $7,767 per Acre

  2002 Bridgeport Rd, Indianapolis, IN 46231

  Tyler Powers Mossy Oak Properties

  2002 Bridgeport Rd, Indianapolis, IN 46231

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