Indianapolis, IN Homes for Sale under $200,000

• 

  

  

  /23

  $129,900

  • 2 Beds
  • 1 Bath
  • 1,070 Sq Ft

  1149 W 36th St, Indianapolis, IN 46208

  Welcome to this charming 2-bedroom, 1-bath bungalow located in the heart of the city of Indianapolis. This move-in-ready home blends classic character with flexible living spaces and an unbeatable location. Step inside to a warm and inviting living room featuring a classic wood-burning fireplace, creating a cozy atmosphere for relaxing or entertaining. Just off the living area is a separate

  Carri Gruver The Stewart Home Group

  1149 W 36th St, Indianapolis, IN 46208
• 

  

  

  /9

  $153,000

  • Land
  • 0.26 Acre
  • $588,462 per Acre

  2502 Southeastern Ave, Indianapolis, IN 46201

  Prime investment opportunity with this spacious lot, ideal for developing multiple law offices. Located near a major judicial center, the property offers a highly desirable location for legal professionals. Build and lease the space to law firms, ensuring a steady rental income for years to come. This site presents a valuable low-term opportunity for companies looking to capitalize on the growing

  Kristina Akopdzhanova AKO Brokerage & Property Mgmt

  2502 Southeastern Ave, Indianapolis, IN 46201
• 

  

  

  /15

  $117,500

  • 2 Beds
  • 1 Bath
  • 756 Sq Ft

  31 N Forest Ave, Indianapolis, IN 46201

  Discover the potential of 31 N Forest Ave, a charming property that has fresh new paint and perfectly positioned near the heart of downtown Indianapolis. This home features a versatile layout, along with a completely updated full bathroom with a tiled shower and a large, open main living space. The spacious kitchen offers plenty of room to customize it to your heart's content. Its classic

  Robert Davenport Plum Tree Realty

  31 N Forest Ave, Indianapolis, IN 46201
• 

  

  

  /37

  $175,000

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

  6509 Emerald Hill Ct Unit 104, Indianapolis, IN 46237

  Looking for a condo (on the main level!) that is updated and move in ready? Look no further! Enjoy maintenance free living at a great price, in a great location, and with a view. The back patio overlooks a peaceful, serene creek, and you're steps away from the neighborhood pool. New LVP and neutral colors are an added touch. As a bigger bonus, the water heater was replaced in 2023, and the HVAC

  Leslie Foy Berkshire Hathaway Home

  6509 Emerald Hill Ct Unit 104, Indianapolis, IN 46237
• 

  

  

  /28

  $199,900

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

  7172 Eagle Cove Dr, Indianapolis, IN 46254

  Let's talk style and easy living. All you have to do is bring your stuff and settle into this attached townhome that's been completely updated with a decorator's eye. The HOA maintains the exterior so you have more time to do things you love. It's truly lovely place. New vinyl plank flooring on the main, new carpet upstairs, updated baths and kitchen. Windows have been replaced too! Features

  Jacque Veney Hill & Associates

  7172 Eagle Cove Dr, Indianapolis, IN 46254
• 

  

  /25

  $198,000

  • 3 Beds
  • 2 Baths
  • 1,572 Sq Ft

  1307 Congress Ave, Indianapolis, IN 46208

  Welcome to this beautiful 3 Bedrooms and 2 full Bathroom, with a 2-car garage and a basement, this house with major upgrades. Conveniently located near Marian University, Ivy Tech Community College, Herron Riverside High School, Indianapolis Children's Museum restaurants and stores. See the list of updates and upgrades attached.

  Roberto Mejia F.C. Tucker Company

  1307 Congress Ave, Indianapolis, IN 46208
• 

  

  /6

  $200,000

  • Land
  • 0.94 Acre
  • $212,766 per Acre

  8809 S Meridian St, Indianapolis, IN 46217

  Discover the endless possibilities with this exceptional 0.94-acre commercial land opportunity located at 8809 S Meridian St in the bustling city of Indianapolis, Indiana. Boasting a strategic location and versatile existing structure, this property offers a rare opportunity for developers, investors, and business owners alike. Strategic Location: Situated on the highly desirable S Meridian St,

  Josie Lavey Keller Williams Indpls Metro N

  8809 S Meridian St, Indianapolis, IN 46217
• 

  

  /28

  $139,900

  • 2 Beds
  • 1 Bath
  • 916 Sq Ft

  2025 Barth Ave, Indianapolis, IN 46203

  Welcome home to this charming 2 bed, 1 bath gem in Indianapolis! Start your mornings with a cup of coffee on the cozy enclosed porch, open the windows and enjoy the breeze while you plan your day on the porch swing. Just a short stroll to Garfield Park and the Pleasant Run Parkway Trail, this home puts you close to nature while staying central to everything you need from shopping to the public

  Jessica Barton Keller Williams Indy Metro S

  2025 Barth Ave, Indianapolis, IN 46203
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  /4

  $130,000

  • 6 Beds
  • 2 Baths
  • 4,668 Sq Ft

  2140 Dr Andrew J Brown Ave, Indianapolis, IN 46202

  This 5 Bedroom home is in an up and coming neighborhood and is being Sold As-Is. Great Investment Opportunity!

  Jack Norton Norton Real Estate

  2140 Dr Andrew J Brown Ave, Indianapolis, IN 46202
• 

  

  /32

  $199,000

  • 4 Beds
  • 2 Baths
  • 2,068 Sq Ft

  2919 E New York St, Indianapolis, IN 46201

  Investor-friendly, turnkey rental opportunity on the near eastside of Indianapolis. Located at 2919 E New York St in the revitalizing Englewood neighborhood, this tenant-occupied single-family home offers immediate cash flow with a long-term lease in place. The current tenant pays $1,399 per month, lease runs through 12/9/26, and the tenant covers all utilities and lawn care-making this a

  Peter Stewart Keller Williams Indpls Metro N

  2919 E New York St, Indianapolis, IN 46201
• 

  

  /30

  $165,000

  • 3 Beds
  • 2 Baths
  • 1,671 Sq Ft

  41 S Sherman Dr, Indianapolis, IN 46201

  Looking to add a great rental to your portfolio? Tenant occupied with lease through February 2027. Recent updates include new ceiling fans, bathroom vanity, kitchen cabinets and sink, windows, new HVAC and gas water heater, recently painted throughout, the full unfinished basement has daylight windows and laundry hook up . Location is close to grocery, bus line, restaurants and minutes from

  Cheryl Radtke Keller Williams Indy Metro S

  41 S Sherman Dr, Indianapolis, IN 46201
• 

  

  /20

  $185,000

  • 3 Beds
  • 3.5 Baths
  • 1,915 Sq Ft

  3111 Broadway St, Indianapolis, IN 46205

  Investor special in the popular Mapleton-Fall Creek neighborhood-3111 Broadway is a fix-and-flip opportunity with a partially completed renovation, offering a head start for investors looking to finish and capitalize on strong resale demand. The property is configured as a 3-bedroom, 3.5-bath home, with a second level added to increase total square footage, creating a layout that aligns well with

  Sharika Webb Mamba Realty

  3111 Broadway St, Indianapolis, IN 46205
• 

  

  /6

  $113,400

  • 2 Beds
  • 1 Bath
  • 1,845 Sq Ft

  724 E Beecher St, Indianapolis, IN 46203

  Bates Hendricks single family home with recent renovations completed. Great addition to your rental portfolio in a high value gentrifying area. Home has two additional rooms upstairs in the converted attic space. With a little more work to finalize, this could be a nice asset in a strong rental market.

  Brian Pachciarz Estansion Group by BLP

  724 E Beecher St, Indianapolis, IN 46203
• 

  

  /13

  $165,000

  • 3 Beds
  • 2 Baths
  • 1,092 Sq Ft

  2309 N Dearborn St, Indianapolis, IN 46218

  Attention investors! 3-Bed, 2-Bath Rental Near Downtown Indianapolis. This updated 3-bedroom, 2-bathroom rental property is a fantastic addition to your portfolio, offering tenants already in place and steady rental income from day one. Located just minutes from downtown Indianapolis, this home provides easy access to I-70, public transportation, and all the amenities of city living. Recent

  Allyson Brooks Mark Dietel Realty, LLC

  2309 N Dearborn St, Indianapolis, IN 46218
• 

  

  /20

  $193,500

  • 3 Beds
  • 1 Bath
  • 1,000 Sq Ft

  1418 Saint Paul St, Indianapolis, IN 46203

  Welcome to 1418 S St. Paul Street, a beautifully updated home that perfectly balances modern comfort and timeless character. Even better, this property also includes the adjoining double lot, giving you room to spread out, entertain, or plan for future possibilities. From the moment you arrive, the inviting covered front porch sets the tone. Inside, you'll find a bright living room with tall

  John Walters Weichert REALTORS® Cooper Group Indy

  1418 Saint Paul St, Indianapolis, IN 46203
• 

  

  /28

  $154,900

  • 3 Beds
  • 1 Bath
  • 1,280 Sq Ft

  5927 E 23rd St, Indianapolis, IN 46218

  Charming Stone Bungalow with Modern Updates! Fall in love with this adorable 2-bedroom bungalow, complete with a spacious bonus room perfect for a home office, guest space, or playroom. The home features a welcoming blend of stone and vinyl siding, freshly painted for crisp curb appeal. Inside, you'll find new flooring throughout and an updated kitchen that's as stylish as it is functional. The

  Nina Klemm F.C. Tucker Company

  5927 E 23rd St, Indianapolis, IN 46218
• 

  

  /15

  $135,000

  • 4 Beds
  • 2 Baths

  24 S Euclid Ave, Indianapolis, IN 46201

  This 2 bed / 1 bath per unit duplex sits in the Christian Park neighborhood, just about five miles east of downtown Indianapolis. One unit is currently rented month-to-month at $900, while the other side is vacant. The property has been well maintained with significant updates in recent years, including new HVAC and central air, a new roof, siding, and gutters (all in 2022), along with laminate

  Colton Haymon @properties

  24 S Euclid Ave, Indianapolis, IN 46201
• 

  

  /17

  $158,000

  • 3 Beds
  • 1 Bath
  • 1,088 Sq Ft

  2753 Sangster Ave, Indianapolis, IN 46218

  Welcome to this beautifully updated 3-bedroom, 1-bath home, offering modern finishes and comfortable living throughout. Step inside to discover luxury vinyl plank flooring, stylish hardware, and a bright, refreshed interior that feels both warm and contemporary. The kitchen features stainless steel appliances and stunning butcher block countertops, creating a functional and inviting space for

  RJ LaChance Tyler Knows Real Estate LLC

  2753 Sangster Ave, Indianapolis, IN 46218
• 

  

  /23

  $189,000

  • 3 Beds
  • 2.5 Baths
  • 1,475 Sq Ft

  115 S Bancroft St, Indianapolis, IN 46201

  Nestled at 115 S Bancroft ST, INDIANAPOLIS, IN, this single-family residence offers an opportunity to establish yourself in a comfortable and inviting home. This property presents an exciting opportunity to create a personalized living space. With 1475 square feet of living area spread across two stories, this home provides ample space to live comfortably. The residence includes three bedrooms

  Stephen Benedict Jade Crown Realty

  115 S Bancroft St, Indianapolis, IN 46201
• 

  

  /27

  $149,000

  • 2 Beds
  • 1.5 Baths
  • 1,254 Sq Ft

  1131 Canterbury Square S, Indianapolis, IN 46260

  Move-in ready! This spacious 1,254 sq ft, 2-bed, 1.5-bath condo in the Canterbury Square community offers comfortable, true low-maintenance living. The well-maintained home features a timeless brick exterior, durable vinyl flooring, refreshed baths, a bright galley kitchen with a dedicated dining area, generously sized rooms, central HVAC, and in-unit washer and dryer hookups. The living room

  Cheng Lu Trueblood Real Estate

  1131 Canterbury Square S, Indianapolis, IN 46260
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  /29

  $199,900

  • 3 Beds
  • 2.5 Baths
  • 1,272 Sq Ft

  442 S Oxford St, Indianapolis, IN 46201

  Welcome to this charming, remodeled 3-bedroom, 2.5-bath home featuring a welcoming covered front porch, perfect for a porch swing and enjoying your morning coffee. *Amazing opportunity for the new owners of this great home: up to 1% closing credit with use of preferred lender!* As you step inside, you'll be greeted by a spacious living room that flows into the dining area and kitchen, creating a

  Javier Espinoza Realty of America LLC

  442 S Oxford St, Indianapolis, IN 46201
• 

  

  /18

  $199,900 Open Sat 12PM - 2PM

  • 3 Beds
  • 1 Bath
  • 864 Sq Ft

  2830 S Lyons Ave, Indianapolis, IN 46241

  Situated on a double lot within Wayne Township Schools, this 3-bedroom ranch offers fully fenced front and back yards with ample outdoor space to enjoy. Highlights include a wood deck, detached 2-car garage, and mini barn for added storage. Inside, the updated kitchen features stainless steel appliances that remain, and a brand new washer and dryer was added in 2025. Recent upgrades include a new

  Braxton Myers Carpenter, REALTORS®

  2830 S Lyons Ave, Indianapolis, IN 46241
• 

  

  /16

  $199,000

  • 2 Beds
  • 1 Bath
  • 856 Sq Ft

  5404 Speedway Dr, Indianapolis, IN 46224

  Great Opportunity to own this one owner bungalow home in a prime location close to the Indianapolis Motor Speedway and all the activities it has to offer! An open floor plan with hardwood floors in the bedrooms, updating lighting throughout, updated bathroom, kitchen cabinets that have been painted, RO system at the sink, pot and pan rack that stays. Enjoy a front porch with a cedar ceiling, a

  Rachel Freitas Berkshire Hathaway Home

  5404 Speedway Dr, Indianapolis, IN 46224
• 

  

  /25

  $190,000

  • 4 Beds
  • 1 Bath
  • 1,470 Sq Ft

  1122 Waldemere Ave, Indianapolis, IN 46241

  Nicely remodeled and well maintained home in Indy's west side. The home has four bedrooms, one full bathroom, spacious living room, dining/kitchen area, foyer style entrance with coat closet. Outside the home has a very nice covered porche, concrete driveway, and two car garage. Conveniently located near many shops, restaurants, especially Gil tacos, and highway. It belongs to the great Wayne

  Armando Torres Towers Real Estate

  1122 Waldemere Ave, Indianapolis, IN 46241
• 

  

  /12

  $135,000

  • 3 Beds
  • 1 Bath
  • 1,217 Sq Ft

  9902 Scott Ct, Indianapolis, IN 46235

  Nestled in Indianapolis, Indiana, discover the potential awaiting at 9902 Scott CT. This single-family residence presents a wonderful opportunity to create your ideal home. Within this residence are three bedrooms, providing ample space for rest and relaxation. The 1217 square feet of living area offers a comfortable environment for daily life, while the expansive 7275 square feet lot area

  Tyler Burgess Values Driven Realty, Inc.

  9902 Scott Ct, Indianapolis, IN 46235
• 

  

  /3

  $100,000

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

  3125 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

  3125 N College Ave, Indianapolis, IN 46205
• 

  

  /32

  $114,900

  • 2 Beds
  • 1 Bath
  • 744 Sq Ft

  3907 Hoyt Ave, Indianapolis, IN 46203

  Nestled at 3907 Hoyt AVE, INDIANAPOLIS, IN, this inviting home offers a delightful opportunity to embrace comfortable living. Ready to move in, this single-family residence awaits those seeking a tranquil haven. The heart of this home is undoubtedly the kitchen, where culinary dreams take shape within a space adorned with shaker cabinets and stone countertops. Imagine preparing delicious meals

  Mark Jones PMI Midwest

  3907 Hoyt Ave, Indianapolis, IN 46203
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  /52

  $175,000

  • 3 Beds
  • 1 Bath
  • 1,150 Sq Ft

  1541 Walker Ave, Indianapolis, IN 46203

  This well-maintained solid bungalow with an enclosed front porch and detached garage is ready for new owners! This lovely home offers a variety of uses for the space, including two bedrooms downstairs and a bonus room upstairs for a third bedroom, office, or "cave"! All new appliances have been delivered, the casework and fixtures have been updated, and the home still has its lovely original

  Lori Lawrence The Modglin Group

  1541 Walker Ave, Indianapolis, IN 46203
• 

  

  /22

  $185,000

  • 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
• 

  

  /7

  $120,000

  • 2 Beds
  • 1 Bath
  • 720 Sq Ft

  1618 N Linwood Ave, Indianapolis, IN 46218

  Currently bringing in $1,100/month, this 2-bedroom, 1-bath home is a solid east-side rental. The property has a clean layout and has been a consistent income producer. Tenants benefit from nearby shopping, schools, and transportation routes. Great for investors seeking stable cash flow at an affordable price point.

  Olga Bliuc-Haggard New Quantum Realty Group

  1618 N Linwood Ave, Indianapolis, IN 46218
• 

  

  /18

  $194,000

  • 2 Beds
  • 1.5 Baths
  • 1,211 Sq Ft

  4657 Chatterton Cir, Indianapolis, IN 46254

  Welcome to Cobblestone Condominiums, where nature and convenience meet just steps from Eagle Creek Reservoir and minutes from Eagle Creek Park. This 2BR, 1.5BA condo with loft offers a cozy, rustic feel surrounded by mature trees and natural beauty. Features include a dramatic 2-story stone fireplace, wood beams, open stair railing, a wall of windows overlooking a peaceful wooded view, and an

  Kayla McDonald eXp Realty, LLC

  4657 Chatterton Cir, Indianapolis, IN 46254
• 

  

  /24

  $130,000

  • 2 Beds
  • 1 Bath
  • 720 Sq Ft

  1137 S Drexel Ave, Indianapolis, IN 46203

  Welcome to your charming new home! This beautifully updated two-bedroom, one-bath residence blends comfort and convenience, featuring modern upgrades completed in 2022. Enjoy spacious bedrooms with ceiling fans and generous closet space, plus a stylish custom shower/tub surround. The expansive yard includes both front and back decks-ideal for morning coffee or evening gatherings. Located just

  Miguel Rodriguez Keller Williams Indy Metro S

  1137 S Drexel Ave, Indianapolis, IN 46203
• 

  

  /17

  $159,900

  • 3 Beds
  • 1 Bath
  • 1,224 Sq Ft

  3902 W Mooresville Rd, Indianapolis, IN 46221

  Welcome to this wonderfully updated Decatur Township Ranch on a Large Corner Lot with plenty of parking near the corner of Foltz/Mooresville. Nearly Everything was redone in 2021 including the roof, windows, HVAC, kitchen, bathroom (cabinets, appliances, and more), flooring, plumbing and more. Even better-additional insulation was added and all the Gas lines were replaced in 2025 for efficiency

  Jim Finefrock Finney Group Realty LLC

  3902 W Mooresville Rd, Indianapolis, IN 46221
• 

  

  /26

  $179,499

  • 3 Beds
  • 1 Bath
  • 1,092 Sq Ft

  3838 Terrace Ave, Indianapolis, IN 46203

  Nestled at 3838 Terrace AVE, INDIANAPOLIS, IN, this single-family residence offers an inviting home, ready to move in and begin creating lasting memories. The kitchen provides a culinary haven, boasting new countertops that offer both beauty and durability, complemented by shaker cabinets that combine classic design with modern functionality. The bathroom presents a tranquil retreat, featuring a

  Austin May The Modglin Group

  3838 Terrace Ave, Indianapolis, IN 46203
• 

  

  /10

  $170,000

  • 2 Beds
  • 1 Bath
  • 1,202 Sq Ft

  4025 S Post Rd, Indianapolis, IN 46239

  Great location close to I-74 and Post Rd interchange gives this property lots of potential. Check out the Russell Flagle Trust (Pamphlet is in supplements) and all that is happening in Wanamaker! Recently built Tractor Supply, Westside Tractor is under construction. Freshly painted, 2 nice size bedrooms, nice living room and eat in kitchen. Utility room with washer and dryer hook-up. 2-car garage

  David Orman Tomorrow Realty, Inc.

  4025 S Post Rd, Indianapolis, IN 46239
• 

  

  /13

  $109,500

  • 2 Beds
  • 1 Bath
  • 768 Sq Ft

  2907 Forest Manor Ave, Indianapolis, IN 46218

  Nestled at 2907 Forest Manor AVE, INDIANAPOLIS, IN, this single-family residence presents an inviting home, ready to move in. This property includes a covered front porch and a lot area of 6403 square feet, offering a decent sized back yard with alley access, plenty of room for a future garage. With 768 square feet of living area, 2 bedrooms and 1 full bathroom, this residence offers a wonderful

  Kurt Clements Diverse Property Solutions Ind

  2907 Forest Manor Ave, Indianapolis, IN 46218
• 

  

  /16

  $119,900

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

  8542 La Corrida Ct, Indianapolis, IN 46227

  Beautiful condo with 3 bedroom,2 full bath, ranch style, carefree living! upgrades include: ALL brand new waterproof vinyl plank floor, new kitchen cabinets, new refrigerator, one year new Furnace and AC. Three bedrooms have mirrored closet doors, Pool, Tennis courts. No lawnmowing. Very Relax! Must see!

  Wenjuan Curtis Curtis Realty, LLC

  8542 La Corrida Ct, Indianapolis, IN 46227
• 

  

  /32

  $119,900

  • 2 Beds
  • 1 Bath
  • 872 Sq Ft

  55 S Chester Ave, Indianapolis, IN 46201

  An inviting home, ready for you to move in and begin creating lasting memories. Numerous upgrades, like new plumbing, new garage door and new garage roof. Imagine preparing meals in a kitchen where the backsplash adds a touch of charm, creating a space that is both functional and aesthetically pleasing. The property includes two bedrooms, offering comfortable spaces for rest and relaxation. The

  Guadalupe Ortiz CENTURY 21 Scheetz

  55 S Chester Ave, Indianapolis, IN 46201
• 

  

  /34

  $172,900

  • 2 Beds
  • 1 Bath
  • 1,055 Sq Ft

  714 S Keystone Ave, Indianapolis, IN 46203

  Hello Indy adventurer! Prepare to be utterly charmed by a completely transformed modernized home at 714 S Keystone Ave located just a beat from the Heart of Fountain Square! This beautifully updated single-family residence is bursting with character! This isn't just a house; it's a happy little haven waiting for someone to sprinkle it with their own brand of magic. Check out the open-concept

  Mark Harris CENTURY 21 Scheetz

  714 S Keystone Ave, Indianapolis, IN 46203
• 

  

  /27

  $199,000

  • 2 Beds
  • 2.5 Baths
  • 1,414 Sq Ft

  1421 E New York St, Indianapolis, IN 46201

  Diamond in the rough and possible short sale. A small investment can yield significant potential. This spacious, over 2000 sq ft, 2-bedroom, 2.5 bathroom, 1 car garage, half-duplex, just east of downtown in the thriving Holy Cross neighborhood, has been appraised for over $260k recently. The owner's suite features a beautifully remodeled en-suite bathroom and a private balcony for soaking up the

  Nicole Lloyd Homes Unlimited

  1421 E New York St, Indianapolis, IN 46201

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