Indianapolis, IN Homes under $200,000

• 

  

  

  /18

  $109,900

  • 2 Beds
  • 1 Bath
  • 606 Sq Ft

  1049 N Traub Ave, Indianapolis, IN 46222

  A 2 Bed 1 Bath home with so many updates in Center Township! This property has all new flooring, fresh paint and light fixtures throughout. The kitchen has freshly painted cabinetry. The security system will remain with the property. This is a super clean move in ready home.

  Shannon Adair Canon Real Estate Services LLC

  1049 N Traub Ave, Indianapolis, IN 46222
• 

  

  

  /30

  $174,999

  • 4 Beds
  • 1.5 Baths
  • 1,537 Sq Ft

  7906 E 21st St, Indianapolis, IN 46219

  Great opportunity! This rehabbed 4 bedroom home is move-in ready and offers the perfect blend of comfort and investment potential. Whether you're a homeowner looking for a fresh start or an investor seeking a turnkey rental property, this home checks all the boxes. Featuring vinyl plank flooring, fresh paint, and updated finishes, the interior is bright, welcoming, and ready for its next owner.

  Todd Burton Berkshire Hathaway Home

  7906 E 21st St, Indianapolis, IN 46219
• 

  

  

  /26

  $189,900

  • 2 Beds
  • 1.5 Baths
  • 1,142 Sq Ft

  9459 Wimbledon Ct, Indianapolis, IN 46250

  Natural Sunlight floods into this home from the oversized Great Room windows. Vaulted Ceilings adds extra volume to the Great Room which also features a real Wood Burning Fireplace. Flexible Upper Level Loft can be used in a variety of ways. The Kitchen includes ample Cabinet space as well as Stainless Steel appliances + a Washer/Dryer. The Primary Retreat is very nice in size and includes a

  Paul Bates F.C. Tucker Company

  9459 Wimbledon Ct, Indianapolis, IN 46250
• 

  

  

  /28

  $194,000

  • 2 Beds
  • 1 Bath
  • 1,413 Sq Ft

  2702 N Talbott St, Indianapolis, IN 46205

  This home qualifies for a $5,000 grant from Key Bank. Apply the grant to Buyer closing expenses in any way you wish. Scrupulously updated inside. Equidistant from all the fun and activities found downtown and in Broad Ripple. You'll love this condo and its easy access to all parts of the city. With new HVAC; new windows; new oven and range; and new paint throughout, you need to do is move in. The

  Chris Varnau F.C. Tucker Company

  2702 N Talbott St, Indianapolis, IN 46205
• 

  

  

  /23

  $199,000

  • 3 Beds
  • 2 Baths
  • 1,856 Sq Ft

  1921 W Michigan St, Indianapolis, IN 46222

  Welcome to this beautifully updated 3-bedroom, 2-bath home, perfectly situated on a spacious corner lot just minutes from downtown Indianapolis! This home exudes warmth and character, featuring a cozy, defined living room perfect for relaxing or entertaining. The thoughtfully updated kitchen boasts sleek countertops, and ample cabinet space, making meal prep a breeze. Adjacent to the kitchen, a

  Maria Lasher eXp Realty LLC

  1921 W Michigan St, Indianapolis, IN 46222
• 

  

  /11

  $154,900

  • 2 Beds
  • 3 Baths
  • 1,252 Sq Ft

  3701 N Audubon Rd, Indianapolis, IN 46218

  Two Bedroom home in quiet neighborhood. Over-sized garage w/half BA, rear fenced. Close to shopping, bus line and interstate. Home comes with 1 yr home warranty.

  Felman Brown Carpenter, REALTORS®

  3701 N Audubon Rd, Indianapolis, IN 46218
• 

  

  /17

  $198,000

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

  1518 Lawton Ave, Indianapolis, IN 46203

  A beautifully updated 3-bedroom, 2-bathroom home that seamlessly blends modern upgrades with classic charm. This move-in-ready gem is packed with stylish updates and thoughtful improvements! Inside, you'll find brand-new flooring throughout, along with modern light fixtures that enhance the home's warm and inviting feel. The kitchen has been completely refreshed with new butcher block

  Denise LaChance Tyler Knows Real Estate LLC

  1518 Lawton Ave, Indianapolis, IN 46203
• 

  

  /33

  $174,500

  • 3 Beds
  • 2 Baths
  • 1,386 Sq Ft

  937 N Bosart Ave, Indianapolis, IN 46201

  Beautifully updated home located right on the edge of Little Flower! Fresh interior and exterior painting completed! Brand new rear concrete patio and front porch steps all completed! Expanded kitchen with eating area features brand new cabinetry, granite counter-tops, faucet, sink and all new Whirlpool appliances! Both full baths have new vanities, sinks and faucets and all new shower sets!

  Eddie Rogers Premier Homes Group

  937 N Bosart Ave, Indianapolis, IN 46201
• 

  

  /18

  $184,900

  • 1 Bed
  • 2 Baths

  2161 Ransdell St, Indianapolis, IN 46225

  Duplex for sale with great potential! While it needs some work, it offers a strong investment opportunity. One side is currently rented for $950/month, with room for higher rental income. Conveniently located near downtown and Garfield Park, this property is ideal for investors or buyers looking to add value.

  Mamadou Gueye Trueblood Real Estate

  2161 Ransdell St, Indianapolis, IN 46225
• 

  

  /34

  $200,000

  • 3 Beds
  • 2 Baths
  • 1,431 Sq Ft

  5110 Chelsea Rd, Indianapolis, IN 46241

  This charming 3-bedroom, 2-bathroom ranch home in Wayne Township offers a spacious and private setting, with a long gravel driveway providing ample parking and a detached 2-car garage with additional storage upstairs. The property features a large front yard with a concrete pad and an enclosed front porch, perfect for relaxing. Inside, you'll find a fully updated interior since 2015, including

  Perla Palma Keller Williams Indy Metro S

  5110 Chelsea Rd, Indianapolis, IN 46241
• 

  

  /58

  $159,900

  • 6 Beds
  • 2 Baths

  1425 N Lasalle St, Indianapolis, IN 46201

  This two-level Craftsman style home is a great opportunity awaiting for you near Brookside Park, just a quick jaunt from multiple interstates, Mass Ave, Downtown, and so much more. Both units feature a covered Porch with separate entrances, a large Backyard, and a rear Garage with Alley access. Interior features 3 Bedrooms/1 Bath on each side with Great Rooms, separate Dining Rooms, Mud Rooms,

  Chris Price Keller Williams Indy Metro S

  1425 N Lasalle St, Indianapolis, IN 46201
• 

  

  /10

  $164,900

  • 2 Beds
  • 1.5 Baths
  • 1,234 Sq Ft

  9452 Maple Way, Indianapolis, IN 46268

  Condo located in Pike Township. Great place to relax and come home to quiet evening. This two-bedroom house and 1.5 bathrooms is in need of updating. Perfect unit for a home buyer to change some things and make it your own. The condo is cooperate owned by bank. Priced just right!

  Cheryl Woodrum United Real Estate Indpls

  9452 Maple Way, Indianapolis, IN 46268
• 

  

  /19

  $165,000

  • 4 Beds
  • 1.5 Baths
  • 1,250 Sq Ft

  3817 N Sheridan Ave, Indianapolis, IN 46226

  Great starter home or investment property. This cozy home is situated in the city, with a whole lot of backyard space. Property sits on 0.72 of an acres, perfect for family picnics and activities. Home has been priced to sell and corporate bank owned. Better grab this one! Living room has crown molding and wood floors. A half bathroom in master suit and lots of space. The property is in need

  Cheryl Woodrum United Real Estate Indpls

  3817 N Sheridan Ave, Indianapolis, IN 46226
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  /39

  $175,000

  • 1 Bed
  • 1 Bath

  1305 W 36th St, Indianapolis, IN 46208

  Investor alert! Really nice turnkey duplex across the street from the historical Golden Hill. Close to Newfields, Crown Hill and downtown. Great location for students, nurses and anyone looking for a cozy urban retreat. Inviting covered front porch to watch the world go by! Inside you will find original hardwood floors and arched doorways. Even a murphy bed closet for extra storage! One

  Pamela Brown PMI Indianapolis

  1305 W 36th St, Indianapolis, IN 46208
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  /4

  $135,000

  • 2 Beds
  • 2 Baths
  • 994 Sq Ft

  4470 Village Ln Unit 3, Indianapolis, IN 46254

  Come see this 2 bedroom, 2 bath condominium with a open kitchen to the living room. Bedrooms are split for privacy. Large Entry Closet and you also have a laundry closet as you enter the unit. This unit has an assigned parking space and a 1 car garage. This unit is currently being rented, so could be for investment as well. Many amenities in the community. Pool, exercise room, hot tub,

  Brian Diss Wall and Associates

  4470 Village Ln Unit 3, Indianapolis, IN 46254
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  /4

  $130,000

  • 2 Beds
  • 2 Baths
  • 983 Sq Ft

  4291 Village Parkway Cir W Unit 11, Indianapolis, IN 46254

  Come see this 2 bedroom, 2 bath condominium with a open kitchen to the living room. Bedrooms are split for privacy. Large Entry Closet and you also have a laundry closet as you enter the unit. This unit has an assigned parking space. This unit is currently being rented, so could be for investment as well. Many amenities in the community. Pool, exercise room, hot tub, clubhouse and pickle

  Brian Diss Wall and Associates

  4291 Village Parkway Cir W Unit 11, Indianapolis, IN 46254
• 

  

  /9

  $135,000

  • 2 Beds
  • 2 Baths
  • 993 Sq Ft

  4291 Village Parkway Cir W Unit 8, Indianapolis, IN 46254

  Come see this 2 bedroom, 2 bath condominium with a open kitchen to the living room. Bedrooms are split for privacy. Large Entry Closet and you also have a laundry closet as you enter the unit. This unit has an assigned parking space and a garage. This unit is currently being rented, so could be for investment as well. Many amenities in the community. Pool, exercise room, hot tub, clubhouse

  Brian Diss Wall and Associates

  4291 Village Parkway Cir W Unit 8, Indianapolis, IN 46254
• 

  

  /4

  $135,000

  • 2 Beds
  • 2 Baths
  • 933 Sq Ft

  4291 Village Parkway Cir W Unit 3, Indianapolis, IN 46254

  Come see this 2 bedroom, 2 bath condominium with a open kitchen to the living room. Bedrooms are split for privacy. Large Entry Closet and you also have a laundry closet as you enter the unit. This unit has an assigned parking space and a garage. This unit is currently being rented, so could be for investment as well. Many amenities in the community. Pool, exercise room, hot tub, clubhouse

  Brian Diss Wall and Associates

  4291 Village Parkway Cir W Unit 3, Indianapolis, IN 46254
• 

  

  /35

  $177,000 Open Sun 12PM - 2PM

  • 2 Beds
  • 2 Baths
  • 1,375 Sq Ft

  6231 Amber Creek Ln Unit 312, Indianapolis, IN 46237

  Welcome to your new home, where comfort meets convenience, in this stylish upper-level condo offering privacy and peace. With vaulted ceilings and an open-concept design, this 2-bedroom, 2-bath unit features an office located next to the bedroom-perfect for remote work or easily convertible into a third bedroom. Enjoy a bright, airy layout that seamlessly connects the kitchen (featuring newer

  Natasha Radovich eXp Realty LLC

  6231 Amber Creek Ln Unit 312, Indianapolis, IN 46237
• 

  

  /17

  $200,000

  • 3 Beds
  • 1.5 Baths
  • 1,538 Sq Ft

  1715 Fletcher Ave, Indianapolis, IN 46203

  Welcome to this 3 bed 1 1/2 bath home in the heart of Fountain Square. Starting on the exterior is a new roof, fenced in patio space, and 2 parking spots in the backyard. Heading inside to this renovated home you are welcomed by the unique living room. LVP throughout the main level. Head into the kitchen to enjoy stainless steel appliances, white cabinets, and butcher block countertops. The

  Sarah Schaefer White Stag Realty, LLC

  1715 Fletcher Ave, Indianapolis, IN 46203
• 

  /2

  $160,000

  • 6 Beds
  • 2 Baths

  35 N Arsenal Ave, Indianapolis, IN 46201

  This spacious duplex offers two identical 3-bedroom, 1-bath units with significant investment potential. While both units need substantial renovation, they provide a solid foundation for customization and value-add improvements. Each unit features a large living area with ample natural light, and the kitchens offer plenty of space for a full upgrade. The primary bedrooms are generously sized, and

  Andrew Taylor Real Broker, LLC

  35 N Arsenal Ave, Indianapolis, IN 46201
• 

  

  /49

  $164,500

  • 3 Beds
  • 2 Baths
  • 1,392 Sq Ft

  1622 N Linwood Ave, Indianapolis, IN 46218

  Experience the comfort of this rare gem, a spacious 3-bedroom, 2-bathroom home with nearly 1,400 sq. ft. of living space. Recently renovated, it features a sleek modern kitchen with stainless steel appliances and a charming eat-in dining area. Fresh paint and luxury vinyl plank flooring flow throughout the home. The stunning primary suite offers a private full bath and an expansive walk-in

  Richard Vinson Trueblood Real Estate

  1622 N Linwood Ave, Indianapolis, IN 46218
• 

  

  /31

  $170,000

  • 2 Beds
  • 2 Baths

  626 N Oxford St, Indianapolis, IN 46201

  Turnkey investment opportunity in a growing part of town! This all-brick duplex is a clean 1 bed, 1 bath on each side. LVP flooring, fresh paint. Both sides are now long-term tenant occupied! Instant cash-flow! Walking distance to Sam's Square Pies, Gomez BBQ, 18th Street Brewing and Tik-Tok Lounge.

  Alex Montagano eXp Realty LLC

  626 N Oxford St, Indianapolis, IN 46201
• 

  

  /40

  $173,000

  • 2 Beds
  • 2 Baths
  • 1,124 Sq Ft

  4925 Opal Ridge Ln Unit 309, Indianapolis, IN 46237

  Discover the perfect blend of comfort, convenience, and charm in this beautifully maintained 2-bedroom, 2-bath condo in the desirable Windslow Crossing community! Enjoy a serene, private patio-your personal retreat from the everyday hustle. Inside, you'll find spacious bedrooms with walk-in closets, providing ample storage. Recent updates include a brand-new water heater (2024) and a

  Sarah Klee CENTURY 21 Scheetz

  4925 Opal Ridge Ln Unit 309, Indianapolis, IN 46237
• 

  

  /13

  $179,000

  • 2 Beds
  • 2 Baths

  28 S Hawthorne Ln, Indianapolis, IN 46219

  Cozy duplex located in super sought after Irvington!! One first floor and one second floor unit. Original hardwood throughout as well as hardwood trim. Large backyard and a great rear deck. Tons of opportunity, you could make it home or continue to use it as an income property. Make you private showing soon!

  Brian Lunsford RE/MAX Advanced Realty

  28 S Hawthorne Ln, Indianapolis, IN 46219
• 

  

  /14

  $130,000

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

  7965 Benjamin Dr, Indianapolis, IN 46226

  Welcome to 7965 Benjamin Drive, a cozy 3-bedroom, 2-bathroom condo in Lawrence, Indiana. This home features a private fenced-in patio, an assigned carport near the back entrance on a cul-de-sac, a spacious living area with a sealed fireplace (convertible to electric or propane), main-level laundry, and plenty of storage throughout. The primary bedroom is on the main floor for added privacy, and

  Brooke Manley Keller Williams Indpls Metro N

  7965 Benjamin Dr, Indianapolis, IN 46226
• 

  

  /34

  $175,000

  • 2 Beds
  • 1 Bath
  • 952 Sq Ft

  3732 N Kenwood Ave, Indianapolis, IN 46208

  This home has been lovingly updated with every detail in mind. The open floor plan and tall ceilings create a spacious yet comfortable feel. 2 bedrooms and an updated bath with full tile shower. The generous kitchen is a dream - featuring sleek stainless steel appliances, butcher-block countertops and plenty of storage to keep everything organized. The wide-planked, LVP adds a touch of warmth and

  Alex Hallmann @properties

  3732 N Kenwood Ave, Indianapolis, IN 46208
• 

  

  /31

  $154,900

  • 2 Beds
  • 1 Bath
  • 768 Sq Ft

  2835 S Lyons Ave, Indianapolis, IN 46241

  Welcome to 2835 S Lyons Avenue, a thoughtfully updated home just minutes from downtown Indianapolis. Inside, you'll find a bright and open living space with stylish updates throughout. The kitchen features modern finishes, unique statement tile, and brand-new appliances. The bathroom has been fully remodeled with sleek fixtures and contemporary design. A spacious fenced backyard offers plenty of

  Ryan Boyd Trueblood Real Estate

  2835 S Lyons Ave, Indianapolis, IN 46241
• 

  

  /29

  $189,000

  • 3 Beds
  • 1 Bath
  • 1,032 Sq Ft

  1701 Nelson Ave, Indianapolis, IN 46203

  Charming, Fully Renovated Ranch in Hollidays Garfield Park! Welcome to 1701 Nelson Ave, Indianapolis, IN 46203, a beautifully updated 3-bedroom, 1-bathroom ranch situated on a spacious corner lot in the desirable Hollidays Garfield Park Subdivision-with no HOA! Step inside and fall in love with the modern yet cozy feel of this home. The brand-new floating plank flooring flows seamlessly

  Megan Lewis Daniels Real Estate

  1701 Nelson Ave, Indianapolis, IN 46203
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  /15

  $190,000

  • Land
  • 1.21 Acres
  • $157,025 per Acre

  9602 Fall Creek Rd, Castleton, IN 46256

  Create your dream home on this expansive 1.21-acre lot, perfectly situated in a serene setting. Exclusively designated for a single-family residence, this property offers privacy and tranquility while keeping you close to modern conveniences. Key utilities are within easy reach, with Lawrence Utilities providing sewer and water (hookup available across the street), Citizens supplying gas, and AES

  Betty Salgado Salgado Realty Group, LLC

  9602 Fall Creek Rd, Castleton, IN 46256
• 

  

  /22

  $149,900

  • 3 Beds
  • 1 Bath
  • 2,228 Sq Ft

  1546 S New Jersey St, Indianapolis, IN 46225

  We have a diamond in the rough here investors. This home in Bates Hendricks sits on a corner lot with smaller back yard. Similar repaired homes are 300K and above, the potential depends on your rehab skills. The home is on a cellar with interior access. The home currently is set up as a 3 bedroom, one bathroom along with kitchen and living areas. Some exterior items like siding and windows

  Kurt Clements Diverse Property Solutions Ind

  1546 S New Jersey St, Indianapolis, IN 46225
• 

  /2

  $165,000

  • Land
  • 0.24 Acre
  • $687,500 per Acre

  2631 Central Ave, Indianapolis, IN 46205

  Fantastic opportunity to build your perfect home in a purrrfect location Hard to find any vacant land in Mapleton Fall Creek Area. 1 of the largest lots available in the Fall Creek

  Janis Bradley JB Real Estate Consultants

  2631 Central Ave, Indianapolis, IN 46205
• 

  

  /24

  $114,900

  • 6 Beds
  • 2 Baths

  18 N Sherman Dr, Indianapolis, IN 46201

  Great income potential in this 3 bedrooms 1 bath per side duplex. This duplex is located in the heart of town between Irvington & Downtown. The home features plenty of rear parking and includes a 2c-d garage. You will be hard pressed to find a property with this much potential. Both sides need TLC, but will make an excellent investment.

  Daniel Witte Witte Realty Group LLC

  18 N Sherman Dr, Indianapolis, IN 46201
• 

  

  /24

  $135,000

  • 3 Beds
  • 1 Bath
  • 950 Sq Ft

  3612 Schofield Ave, Indianapolis, IN 46218

  Check out this must-see single-story home! Featuring three bedrooms, one bathroom, and a prime location just minutes from downtown Indianapolis and the Monon Trail. Inside, you'll love the living room and kitchen/dining combo with beautiful tile flooring and newer appliances, including an electric range and a fridge. Plus, the new stackable washer and dryer are a great bonus. The remodeled

  Gloria Gear Keller Williams Indy Metro S

  3612 Schofield Ave, Indianapolis, IN 46218
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  /5

  $200,000

  • Land
  • 0.21 Acre
  • $952,381 per Acre

  4622 W Caven St, Indianapolis, IN 46241

  Prime Opportunity: 8 Vacant Lots in Desirable Wayne Township. Nestled in the heart of Wayne Township, this exceptional offering includes 8 vacant lots on a single street, providing an incredible opportunity for developers, builders, or homeowners looking to create their dream properties. These spacious, level lots are ready for development, boasting easy access to local amenities and major

  Nicole Crouch Crossroads Realty, LLC

  4622 W Caven St, Indianapolis, IN 46241
• 

  

  /14

  $120,000

  • 2 Beds
  • 1 Bath
  • 912 Sq Ft

  1405 N Mount St, Indianapolis, IN 46222

  Cute 2BR /1bath bungalow w/full basement. Near IMS and downtown.

  Lydia Harris eXp Realty, LLC

  1405 N Mount St, Indianapolis, IN 46222
• 

  

  /18

  $200,000

  • Land
  • 0.43 Acre
  • $465,116 per Acre

  62 E Troy Ave, Indianapolis, IN 46225

  Prime investment opportunity! This large corner commercial lot near Meridian and Troy offers incredible potential in a high-demand area. Zoned D-5, this lot is ideal for multifamily development, mixed-use projects, or other commercial possibilities. The seller has blueprints for a potential 4-unit building, which can be included with the sale, providing a head start on development. With excellent

  Vince Ferguson Mark Dietel Realty, LLC

  62 E Troy Ave, Indianapolis, IN 46225
• 

  

  /30

  $184,900

  • 3 Beds
  • 1 Bath
  • 1,280 Sq Ft

  4929 Young Ave, Indianapolis, IN 46201

  This cozy 3 bedroom, cottage-style home boasts modern updates with quintessential character. The spacious living room features a fireplace and arched built-in, formal dining room features an arched doorway and lots of natural light. The updated galley-style kitchen includes open shelving, and new appliances. 2 bedrooms and a full bath with classic tile on the main as well. Upstairs, you'll find a

  Alex Hallmann @properties

  4929 Young Ave, Indianapolis, IN 46201
• 

  

  /12

  $155,000

  • 3 Beds
  • 1 Bath
  • 864 Sq Ft

  1246 Mcdougal St, Indianapolis, IN 46203

  Great opportunity to add to your portfolio! Currently tenant occupied through the end of 2025. This 3 bed, 1 bath investment property in Indianapolis features a spacious layout and a functional floor plan. Desirable location that has highway access but on a quiet street. Act now to sure your next cash flowing asset. *Please do not disturb tenants. Current lease is $1,200 and the lease

  Kyle Gatesy eXp Realty, LLC

  1246 Mcdougal St, Indianapolis, IN 46203
• 

  

  /24

  $175,000

  • 4 Beds
  • 2 Baths

  218 N Rural St, Indianapolis, IN 46201

  INVESTOR ALERT! Don't miss this income-generating duplex at 218-220 N Rural St, just minutes from downtown Indianapolis! Located in the rapidly appreciating near eastside, this property offers unbeatable access to Gainbridge Fieldhouse, Lucas Oil Stadium, Mass Ave, the Bottleworks District, and major employers-making it a highly desirable rental location. Each unit features 2 bedrooms and 1

  Peter Stewart Keller Williams Indpls Metro N

  218 N Rural St, Indianapolis, IN 46201

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