Indianapolis, IN Homes for Sale under $200,000

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  /12

  $149,900

  • 2 Beds
  • 1.5 Baths
  • 1,053 Sq Ft

  221 Miley Ave, Indianapolis, IN 46222

  Welcome to 221 Miley Avenue — a versatile home just minutes from downtown, IUPUI, and the Indianapolis Motor Speedway. Featuring 2 bedrooms and 1.5 baths, this property works beautifully as a first home or as a ready-to-go short-term rental. The home was operated part time as an Airbnb, and as a result the home is available fully furnished for an additional $5,000, making it an easy transition

  David Dwinell Dzierba Real Estate Services

  221 Miley Ave, Indianapolis, IN 46222
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  /11

  $185,000

  • 3 Beds
  • 1 Bath
  • 1,084 Sq Ft

  8530 E Michigan St, Indianapolis, IN 46219

  Welcome to this three bedroom, one bath home positioned on a generous corner lot in Warren Township. This property offers remarkable potential for buyers looking to add value, personalize a home, or explore future possibilities. The open living and dining layout provides a great starting point for updates, and the unfinished basement offers additional space that can grow with your needs. The

  Katrina Archie RE/MAX Advanced Realty

  8530 E Michigan St, Indianapolis, IN 46219
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  /32

  $144,900

  • 3 Beds
  • 2 Baths
  • 1,512 Sq Ft

  3904 Ireland Dr, Indianapolis, IN 46235

  Calling Investors & Handy Buyers! Charming Corner-Lot Home in Brandywine of Lawrence Township! Welcome home to this inviting 3-bedroom, 2-bath residence offering just over 1,500 square feet of comfortable living space. Situated on a desirable corner lot in the sought-after Brandywine neighborhood, this property blends convenience, functionality, and opportunity. A spacious front yard welcomes you

  Rosie Berzenye T&H Realty Services, Inc.

  3904 Ireland Dr, Indianapolis, IN 46235
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  /27

  $155,000

  • 3 Beds
  • 2 Baths
  • 968 Sq Ft

  1512 English Ave, Indianapolis, IN 46201

  Tucked away, this sweet single-family residence awaits its lucky new owner, presenting an inviting home that's ready for its next chapter! Imagine stepping onto your very own porch, the perfect spot to sip lemonade and watch the world go by, before venturing into the heart of this residence, where three bedrooms offer the promise of restful nights and sun-drenched mornings. One of these bedrooms

  Stacey Brown Keller Williams Indy Metro NE

  1512 English Ave, Indianapolis, IN 46201
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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
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  /28

  $160,000

  • 3 Beds
  • 1.5 Baths
  • 1,530 Sq Ft

  19 Parkview Ave, Indianapolis, IN 46201

  Seller is offering a contribution toward a 2-1 interest rate buydown (subject to lender approval). Contact your lender or agent for details. This beautifully renovated 3-bedroom, 1.5-bathroom townhome is move-in ready and just minutes from downtown Indianapolis. Nestled among other revitalized homes, this property boasts brand-new HVAC system, flooring, water heater, electrical, and plumbing. An

  Ashley Marino Berkshire Hathaway Home

  19 Parkview Ave, Indianapolis, IN 46201
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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
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  /5

  $174,900

  • 2 Beds
  • 2 Baths

  224 N Tacoma Ave, Indianapolis, IN 46201

  Turnkey Duplex - Fully Leased, $1,850/Month Income! Fantastic investment opportunity in Indianapolis! This 1-bedroom, 1-bathroom per side duplex with a full basement is fully occupied and generating $1,850/month in rental income. Each unit is on a current lease, providing stability and cash flow from day one. Convenient Location: Close to downtown Indy, shopping, dining, and major highways. This

  Rolonda Lolla Austyn Avenue Real Estate

  224 N Tacoma Ave, Indianapolis, IN 46201
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  /19

  $200,000

  • 3 Beds
  • 1.5 Baths
  • 1,112 Sq Ft

  5223 Bahia Dr, Indianapolis, IN 46237

  Presenting a 3 bedroom ranch with a fenced in backyard, ready for you to move in and begin creating memories. Imagine mornings spent in the kitchen, preparing your favorite meals amidst the classic charm of shaker cabinets, which provide a delightful space to express your culinary creativity and start the day off right. Beyond the interior, the property boasts a welcoming porch, perfect for

  Beau Gibson F.C. Tucker Company

  5223 Bahia Dr, Indianapolis, IN 46237
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  /30

  $149,999

  • 4 Beds
  • 2 Baths

  1445 W Lee St, Indianapolis, IN 46221

  Calling all investors! This fully occupied duplex offers great cash flow potential with two units, each featuring 2 bedrooms, 1 bath, and a detached 1-car garage. Tenants are already in place, providing immediate income from day one. Conveniently located near local amenities, shopping, dining, and major highways, this property is perfect for any investor looking to expand their portfolio. Don't

  Edwin Watson Triple E Realty, LLC

  1445 W Lee St, Indianapolis, IN 46221
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  /27

  $159,900

  • 2 Beds
  • 1 Bath
  • 780 Sq Ft

  8208 E 48th St, Indianapolis, IN 46226

  Completely renovated 2-bedroom home featuring brand-new everything, New water heater New Bryant HVAC, New Plumbing, New kitchen, New Refrigerator Oven microwave, including granite countertops, luxury vinyl plank flooring, and high-end finishes. Enjoy a spa-like retreat with a jacuzzi bathtub, all in a stylish, move-in-ready space in a convenient Indianapolis location. A 200-amp electrical box,

  Maher batarseh F.C. Tucker Company

  8208 E 48th St, Indianapolis, IN 46226
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  /20

  $174,900

  • 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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  /21

  $125,000

  • 1 Bed
  • 1 Bath
  • 518 Sq Ft

  230 E 9th St Unit 109, Indianapolis, IN 46204

  Seth Patton Luxcity Realty

  230 E 9th St Unit 109, Indianapolis, IN 46204
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  /15

  $102,500

  • 4 Beds
  • 1.5 Baths
  • 1,320 Sq Ft

  8434 Meadowlark Dr, Indianapolis, IN 46226

  Come visit this Lawrence Township Townhouse ready for its New Owners. This 4 Bed 1.5 Bath Townhouse is Gleaming New. New Floors, Roof, Bathrooms, Kitchen are just some of the things that make this Beauty Move in Ready. NO HOA!! The Bedrooms feature New Carpet and The Bathrooms have laminate and LED Mirrors to go along with the New Remodel. Various Low to No Money Down Programs Available. Make

  Andres Rodriguez Rodriguez Real Estate Group

  8434 Meadowlark Dr, Indianapolis, IN 46226
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  /34

  $129,000

  • 2 Beds
  • 1 Bath
  • 864 Sq Ft

  1434 Winfield Ave, Indianapolis, IN 46222

  INVESTOR ALERT! Fantastic opportunity in the revitalizing west side of Indianapolis. This 2-bedroom, 1-bath home was taken down to the studs and extensively renovated approximately eight years ago, with major components already completed. The home features updated electrical and insulation, windows replaced about five years ago, newer siding installed two years ago, gas heating with central air

  Guadalupe Ortiz CENTURY 21 Scheetz

  1434 Winfield Ave, Indianapolis, IN 46222
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  /23

  $120,000

  • 3 Beds
  • 2 Baths
  • 960 Sq Ft

  3059 S Lockburn St, Indianapolis, IN 46221

  Endless possibilities await: one dwelling, two residences to create your vision. The lower level has one bedroom, one bath, and a living space; the upper level has two bedrooms and a flex space currently used as an office and a bath. The dwelling can be remodeled into a single unit or kept and generate an additional stream of income! Newer flooring, roof and updated bath, porch completed in 2025,

  Nicole Lloyd Homes Unlimited

  3059 S Lockburn St, Indianapolis, IN 46221
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  /10

  $147,900

  • 2 Beds
  • 1.5 Baths
  • 1,008 Sq Ft

  948 Ketcham St, Indianapolis, IN 46222

  Salhma Lauro-Alvarado F.C. Tucker Company

  948 Ketcham St, Indianapolis, IN 46222
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  /47

  $199,900

  • 3 Beds
  • 2 Baths
  • 1,436 Sq Ft

  7639 Hoyt Ave, Indianapolis, IN 46239

  Great move-in ready home in very convenient location ! Tri-level home has a great layout with 3 bedrooms 2 full bathrooms and a large 2 car attached garage. Main level features the open concept kitchen/living/dining. The lower level features an additional living area, master suite, and the laundry room. Upper level features the additional two bedrooms and full bathroom. Outside you'll love the

  Dennis Nottingham RE/MAX Advanced Realty

  7639 Hoyt Ave, Indianapolis, IN 46239
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  /35

  $159,900

  • 3 Beds
  • 1 Bath
  • 1,296 Sq Ft

  418 Eastern Ave, Indianapolis, IN 46201

  Now is your opportunity to purchase a turnkey property so proximal to downtown Indianapolis. This freshly renovated townhome is ready to become part of your portfolio just outside Woodruff Place.

  Austin Main Resolute Realty

  418 Eastern Ave, Indianapolis, IN 46201
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  /22

  $194,000

  • 4 Beds
  • 1 Bath
  • 1,465 Sq Ft

  1529 Martin St, Indianapolis, IN 46227

  Nestled at 1529 Martin ST near University of Indianapolis presents an inviting home, ready to move in and begin a new chapter. Imagine relaxing evenings in your private, fenced yard, where the stresses of the day melt away in the soothing hot tub. The heart of this home, the kitchen, features stylish shaker cabinets, providing both beauty and functionality for meal preparation and gathering. This

  Amy Glassburn Daniels Real Estate

  1529 Martin St, Indianapolis, IN 46227
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  /4

  $134,999

  • Land
  • 3.13 Acres
  • $43,131 per Acre

  6700 #4 W Ralston Rd, Indianapolis, IN 46221

  This beautiful 3 +/- acre property is located in southwest Indianapolis, offering a prime location for your dream home. The property features a mix of open space and mature trees, providing a tranquil and scenic environment while still offering plenty of room to build. With its flat terrain and minimal clearing needed, this land is ready for development. Conveniently located near essential

  Kolton Williford Stamper Realty Group

  6700 #4 W Ralston Rd, Indianapolis, IN 46221
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  /21

  $130,000

  • 2 Beds
  • 1 Bath
  • 725 Sq Ft

  524 S Arlington Ave, Indianapolis, IN 46219

  MOTIVATED SELLER!!! Welcome to 524 S Arlington Ave! This adorable home sits in the lively Historic Irvington area. As you walk in you'll fall in love with the charm. Newer floors and huge living room window invites you to the coziness of the home. 2 bedrooms with an updated tiled shower is perfect to move right in! If you're a first time home buyer, this is would be the ideal start. UPDATES

  Logan McNitt Trueblood Real Estate

  524 S Arlington Ave, Indianapolis, IN 46219
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  /3

  $120,000

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

  3131 N College Ave, Indianapolis, IN 46205

  Build your own dream home close to downtown, Broad Ripple, Monon Trail, Fall Creek Trail.

  Awett Tedla F.C. Tucker Company

  3131 N College Ave, Indianapolis, IN 46205
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  /14

  $119,900

  • 3 Beds
  • 1 Bath
  • 900 Sq Ft

  4338 Thrush Dr, Indianapolis, IN 46222

  Excellent investment opportunity on Indy's Westside in Eagledale, just North of the Indianapolis Motor Speedway! Last rent was $900/month. Home is single level, with an attached garage, large yard with partial fence. Property needs some work with a location this great it can't be beat! Additional 10 properties available from same seller/agent, also vacant, varying condition. Property is sold in

  Sam Barron Barron Property Services

  4338 Thrush Dr, Indianapolis, IN 46222
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  /18

  $187,500

  • 2 Beds
  • 1.5 Baths
  • 1,347 Sq Ft

  8409 Chapel Pines Dr, Indianapolis, IN 46234

  Welcome to Chapel Pines! Located in the desirable Chapel Pines neighborhood, this condo offers mature trees, open green space, and a convenient location close to shopping, dining, and major highways. The HOA covers lawn care, snow removal, and water/sewer-providing a truly low-maintenance lifestyle. The spacious living room features a vaulted ceiling and a cozy fireplace as its centerpiece. Two

  Jodie Chandler Crossroads Real Estate Group LLC

  8409 Chapel Pines Dr, Indianapolis, IN 46234
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  /40

  $174,500

  • 3 Beds
  • 2 Baths
  • 1,569 Sq Ft

  6525 Emerald Hill Ct Unit 208, Indianapolis, IN 46237

  Discover comfort and convenience in this well-maintained Condominium located on floor 2, at 6525 Emerald Hill Ct #208, Indianapolis IN. Featuring 3 bedrooms and 2 bathrooms, large dining and front room areas, this inviting home boasts a spacious open layout with plenty of natural light. The kitchen comes equipped with new modern appliances and ample cabinetry. Relax on the private balcony or

  Steven Koleno Beycome Brokerage Realty LLC

  6525 Emerald Hill Ct Unit 208, Indianapolis, IN 46237
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  /7

  $145,900

  • 4 Beds
  • 1 Bath
  • 1,008 Sq Ft

  2305 E Legrande Ave, Indianapolis, IN 46203

  Chauncyia Coleman eXp Realty, LLC

  2305 E Legrande Ave, Indianapolis, IN 46203
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  /34

  $144,900

  • 4 Beds
  • 1.5 Baths
  • 1,864 Sq Ft

  521 N Alton Ave, Indianapolis, IN 46222

  Located at 521 N Alton AVE, INDIANAPOLIS, IN, this single-family residence presents an inviting home, ready to move in and begin a new chapter. The heart of this home lies in its kitchen, where shaker cabinets provide a blend of classic style and practical storage. Step outside to discover a fenced backyard, a private sanctuary ready for relaxation and recreation, and a patio area ideal for quiet

  Isabella Frazier Trelora Realty

  521 N Alton Ave, Indianapolis, IN 46222
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  /17

  $135,000

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

  525 N Concord St, Indianapolis, IN 46222

  Charming home in a prime location - perfect for first-time buyers or investors! This is a fantastic opportunity to own a well-maintained property in a convenient and up-and-coming area of the city. Whether you're a first-time homebuyer or an investor looking for your next rental, this home checks all the boxes. Previously rented at $1,500/month, it has a strong rental history. Enjoy peace of mind

  Jacob Deacon eXp Realty, LLC

  525 N Concord St, Indianapolis, IN 46222
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  /26

  $140,000

  • 4 Beds
  • 2 Baths
  • 714 Sq Ft

  718 N Linwood Ave, Indianapolis, IN 46201

  Excellent opportunity for investors and rehabbers! This spacious 4-bedroom, 2 full bathroom property offers a strong layout and solid potential for a profitable fix-and-flip. The home features generously sized bedrooms, multiple living areas, and a functional floor plan ideal for modern updates. With the right renovations, this property can be transformed into a high-value resale or long-term

  Jessica Green CityPlace Realty

  718 N Linwood Ave, Indianapolis, IN 46201
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  /82

  $171,000

  • 3 Beds
  • 2 Baths
  • 1,380 Sq Ft

  1945 N Goodlet Ave, Indianapolis, IN 46222

  Welcome to this charming 3-bedroom home offering comfort, functionality, and room to grow. The main level features an inviting eat-in kitchen and a full bath, while the basement includes an additional bathroom and is ready to be finished to suit your needs-perfect for creating extra living space, a workshop, or a recreational area. Tall ceilings and mostly hardwood floors enhance the home's warm,

  Michelle Nolley Nolley Realty Services, LLC

  1945 N Goodlet Ave, Indianapolis, IN 46222
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  /10

  $179,900

  • 2 Beds
  • 1 Bath
  • 600 Sq Ft

  2232 W 58th St, Indianapolis, IN 46228

  Excellent investment opportunity on Indy's Westside! Last rent was $1,260/month. Property needs very little work to be rent ready. Close to parks or Interstate access. Home is a corner lot, and has well water and city sewer with a detached garage. Specific Parcel #8029811 as adjacent lots are not owned by this seller but have the same mailing address. Additional 10 properties available from same

  Sam Barron Barron Property Services

  2232 W 58th St, Indianapolis, IN 46228
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  /20

  $105,000

  • 3 Beds
  • 1 Bath
  • 2,109 Sq Ft

  721 N Belleview Place, Indianapolis, IN 46222

  Fix-and-flip opportunity! 3 bedrooms, 1 bath with potential to add a second. Full basement, spacious backyard, and great natural light. Convenient near Hawthorne Park, local schools, and amenities. Investor or owner-occupant potential - schedule a showing today!

  Iscary Payano 1 Percent Lists - Hoosier State Realty LLC

  721 N Belleview Place, Indianapolis, IN 46222
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  /18

  $160,000

  • 2 Beds
  • 1 Bath
  • 1,028 Sq Ft

  305 N Tremont St, Indianapolis, IN 46222

  This charming 2-bedroom, 1-bath home offers the perfect blend of comfort, convenience, and modern updates. Located just minutes from Downtown Indianapolis, IUPUI, and some of the city's best dining and entertainment, this move-in-ready gem is ready for its next owner. Step inside to find a bright, inviting layout and a brand-new roof on house & garage, giving you peace of mind for years to come.

  Charles Sheppard AMR Real Estate LLC

  305 N Tremont St, Indianapolis, IN 46222
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  /28

  $169,900

  • 3 Beds
  • 1 Bath
  • 1,434 Sq Ft

  9113 Hibben Ave, Indianapolis, IN 46229

  Nestled at 9113 Hibben AVE, INDIANAPOLIS, IN, this one level single-family residence offers an inviting home ready to be lived in. The galley style kitchen has a breakfast nook with built in shelving ready for a cafe table. Just off the other side of the kitchen is a dining room that L's to the living room. Now don't forget...there is a spacious family room with laundry closet and 2 additional

  Rita Fish F.C. Tucker Company

  9113 Hibben Ave, Indianapolis, IN 46229
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  /27

  $177,000

  • 2 Beds
  • 1 Bath
  • 816 Sq Ft

  3915 E 11th St, Indianapolis, IN 46201

  Welcome to this beautifully updated 2-bedroom, 1-bath home! This charming residence offers a perfect blend of modern updates and classic character. Step onto the inviting covered front porch, ideal for relaxing with morning coffee or evening conversations. Inside, you'll find fresh updates throughout, including stylish LVP flooring and brand-new kitchen cabinets that bring both durability and

  Denise LaChance Tyler Knows Real Estate LLC

  3915 E 11th St, Indianapolis, IN 46201
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  /18

  $185,000

  • 3 Beds
  • 2 Baths
  • 1,745 Sq Ft

  3117 N Park Ave, Indianapolis, IN 46205

  Don't miss this amazing opportunity in the highly sought-after Mapleton Fall Creek area! This charming 3-bedroom, 2-bath home is brimming with potential and ready for your personal touch. With all the expensive updates already completed-including a beautifully renovated kitchen and modernized bathrooms-you can focus on minor repairs to unlock instant sweat equity. Step inside to find an oversized

  Scott Wynkoop Wynkoop Brokerage Firm, LLC

  3117 N Park Ave, Indianapolis, IN 46205
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  /29

  $159,900

  • 3 Beds
  • 1 Bath
  • 1,034 Sq Ft

  625 Arbor Ave, Indianapolis, IN 46221

  Value abound with this location in a budding neighborhood of Indianapolis. Experience the convenience of living or staying so close to all offered by the Circle City -- Lucas Oil Stadium, Gainbridge Fieldhouse, St. Elmo's, Massachusetts Avenue, and more! Freshly renovated and ready to serve all your needs, this condo is your chance to secure your spot just across the river early! Great MTR

  Austin Main Resolute Realty

  625 Arbor Ave, Indianapolis, IN 46221
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  /24

  $100,000

  • 3 Beds
  • 1.5 Baths
  • 1,348 Sq Ft

  2416 S Audubon Rd, Indianapolis, IN 46203

  AUCTION!!! Located on a quiet dead-end street on the southeast side of Indianapolis, this solid brick home offers privacy, space, and long-term ownership pride. Built in 1960 and owned by one family until recently, the home sits on a generous 0.45-acre lot with a fully fenced backyard and storage shed. The home features 1,348 sq ft (not including the sunroom), 3 bedrooms, 1.5 bathrooms, and a

  Carl Graham 101 Realty Group

  2416 S Audubon Rd, Indianapolis, IN 46203
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  /24

  $140,000

  • 2 Beds
  • 1 Bath
  • 624 Sq Ft

  1116 N Berwick Ave, Indianapolis, IN 46222

  Welcome to this cozy 2-bedroom, 1-bath ranch-the perfect place to call home! Enjoy quiet mornings on the covered front porch, and spend your evenings relaxing under the covered patio attached to the detached 2-car garage. Inside, you'll find a comfortable living room, a functional kitchen, and a dining area that flows nicely for everyday living. The full bathroom is conveniently located between

  Lindsey Smalling F.C. Tucker Company

  1116 N Berwick Ave, Indianapolis, IN 46222

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