Indianapolis, IN Homes for Sale under $200,000

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  /15

  $169,900

  • 3 Beds
  • 1.5 Baths
  • 2,176 Sq Ft

  8249 Lake Rd, Indianapolis, IN 46217

  Located at 8249 Lake RD, INDIANAPOLIS, IN, this inviting home in Marion County awaits. This single-family residence offers a wonderful opportunity to settle into a comfortable lifestyle on a half acre lot not in a subdivision. The property will need some cosmetics and repairs. This property includes three bedrooms and one bathroom, along with a half bathroom. The residence spans 2176 square feet

  Kurt Clements Diverse Property Solutions Ind

  8249 Lake Rd, Indianapolis, IN 46217
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  /18

  $158,500

  • 2 Beds
  • 1 Bath
  • 866 Sq Ft

  2363 N Gale St, Indianapolis, IN 46218

  Welcome home to 2363 N Gale St, a beautifully renovated 2 bedroom, 1 full bath home offering 866 sq ft of completely refreshed living space. This stunning property was flipped with care and quality, featuring a full renovation from the studs in, meaning everything you see and feel is truly brand new. Step inside to enjoy a bright, modern interior with fresh finishes throughout, an updated kitchen

  Rena Swails F.C. Tucker Company

  2363 N Gale St, Indianapolis, IN 46218
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  /28

  $160,000

  • 2 Beds
  • 1 Bath
  • 874 Sq Ft

  1121 N Belleview Place, Indianapolis, IN 46222

  Charming 2-Bedroom Home with Basement! This move-in ready gem features a bright living area, cozy bedrooms, and a versatile basement perfect for storage or recreation. (measurements are approximate) Schedule your showing today!

  Rosenda Avendano F.C. Tucker Company

  1121 N Belleview Place, Indianapolis, IN 46222
• 

  

  

  /25

  $131,500

  • 2 Beds
  • 1 Bath
  • 760 Sq Ft

  4544 N Longworth Ave, Indianapolis, IN 46226

  Charming bungalow in desirable Lawrence Township, offering both comfortable living and strong investment potential. This 2-bedroom, 1-bath home features a large living room with flexible space for everyday living or entertaining, along with an oversized kitchen that provides ample room for cooking and dining.The expansive yard adds value and versatility, ideal for outdoor enjoyment and enhancing

  Tia Vote eXp Realty, LLC

  4544 N Longworth Ave, Indianapolis, IN 46226
• 

  

  

  /25

  $195,000

  • 3 Beds
  • 2 Baths
  • 832 Sq Ft

  721 N Linwood Ave, Indianapolis, IN 46201

  Discover this beautifully updated 3-bedroom, 2-bath home, featuring fresh paint throughout and new vinyl plank flooring that adds warmth and style to every room! The spacious eat-in kitchen with a new refrigerator, range, and microwave is perfect for family gatherings and entertaining guests, offering both comfort and functionality. Both bathrooms have been thoughtfully renovated, showcasing

  Lori Lawrence The Modglin Group

  721 N Linwood Ave, Indianapolis, IN 46201
• 

  

  /16

  $174,900

  • 3 Beds
  • 1 Bath
  • 864 Sq Ft

  2830 S Lyons Ave, Indianapolis, IN 46241

  This 3 Bedroom Ranch situated on a double lot within Wayne Township School system has a lot to offer AND Buyers may qualify for a grant of up to 3%!! This home has 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,

  Braxton Myers Carpenter, REALTORS®

  2830 S Lyons Ave, Indianapolis, IN 46241
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  /20

  $175,000

  • 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
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  /24

  $179,998

  • 3 Beds
  • 1 Bath
  • 1,814 Sq Ft

  1052 W 35th St, Indianapolis, IN 46208

  Glass-enclosed front porch welcomes you into this charming, move-in-ready home, offering a bright and versatile space ideal for relaxing or entertaining. Inside, enjoy an open and spacious great room featuring updated flooring and abundant recessed lighting that creates a warm, modern feel throughout the main living areas. The bright kitchen offers white cabinetry and functional layout for

  Stacie Kidwell Sandoval F.C. Tucker Company

  1052 W 35th St, Indianapolis, IN 46208
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  /29

  $189,900

  • 4 Beds
  • 2 Baths
  • 1,301 Sq Ft

  1260 Hiatt St, Indianapolis, IN 46221

  RENTED FOR $1,800/month | This home is a smart buy whether you're purchasing your first place or adding a clean, low-maintenance property to your portfolio. It has been recently updated with new flooring, paint, and modern fixtures, giving it a finished, move-in-ready feel. The bathroom features clean tilework that is durable, easy to maintain, and unlikely to need updating anytime soon. The

  Max Moore @properties

  1260 Hiatt St, Indianapolis, IN 46221
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  /31

  $175,000

  • 2 Beds
  • 1.5 Baths
  • 1,440 Sq Ft

  931 N Oakland Ave, Indianapolis, IN 46201

  This updated 2-bedroom, 1.5-bath home has a great mix of style and everyday comfort. The kitchen features granite countertops and stainless steel appliances, and durable LVP flooring runs throughout the home. The living space includes an entertainment console with a modern fireplace, perfect for cozy nights in. Outside, you'll love the fully fenced backyard with parking pad, a paver patio and

  Michael Feldman Compass Indiana, LLC

  931 N Oakland Ave, Indianapolis, IN 46201
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  /31

  $119,900

  • 2 Beds
  • 1 Bath
  • 1,040 Sq Ft

  3640 N Temple Ave, Indianapolis, IN 46218

  BACK ON MARKET AT NO FAULT OF SELLER. Nestled in this inviting home in Marion County presents a rare opportunity to own a move-in ready single-family residence. Imagine spending tranquil afternoons in the sunroom, bathed in natural light, a perfect space for relaxation or creative pursuits. Evenings promise cozy moments in the living room, gathered around the fireplace, creating an atmosphere of

  Isabella Frazier Trelora Realty

  3640 N Temple Ave, Indianapolis, IN 46218
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  /29

  $178,700

  • 3 Beds
  • 2 Baths
  • 1,808 Sq Ft

  851 Indigo Way Unit 851A, Indianapolis, IN 46260

  Welcome to this fully renovated ground-floor 3-bedroom, 2-bathroom condo in Park Hoover Village. Ready for your own personal touch, this end unit has been revamped throughout starting with new flooring, blinds, and paint throughout. The kitchen has all new appliances, cabinets, and quartz countertops. The slider off the kitchen leads out to a private, fenced in partially covered patio. The

  Cynthia Yosha-Snyder F.C. Tucker Company

  851 Indigo Way Unit 851A, Indianapolis, IN 46260
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  /17

  $189,900

  • 2 Beds
  • 2 Baths
  • 1,789 Sq Ft

  1410 Union St, Indianapolis, IN 46225

  Old South Side: Stunning Queen Anne Victiorian cottage with all the original architecture preserved. Hardwoods throughout the main floor, 10" stained trim, functioning pocket door, and original fireplace/ mantel/ and tile hearth, all in pristine condition. Open eat-in kitchen with large island/ breakfast bar. Each bedroom has large closets and it's own bathroom--secondary bedroom's bathroom also

  Tad Aschliman @properties

  1410 Union St, Indianapolis, IN 46225
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  /8

  $183,900

  • 4 Beds
  • 2 Baths

  2921 E 18th St, Indianapolis, IN 46218

  All brick double in up and coming Brookside Park. New roof, new soffits, new gutters, new vinyl windows, new paint, flooring, etc. Take advantage of this solid investment!

  Christine Saleeb Trueblood Real Estate

  2921 E 18th St, Indianapolis, IN 46218
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  /23

  $200,000

  • 2 Beds
  • 2 Baths
  • 1,354 Sq Ft

  3554 N Illinois St, Indianapolis, IN 46208

  Set your eyes on this 1955 traditional home in the heart of Avondale - just minutes from downtown Indianapolis, the Children's Museum, Butler University, and scenic Riverside Park. Boasting 2 spacious bedrooms, 2 well-appointed baths, and over 2,000 sq. ft. of flexible living space, this home blends original character with thoughtful recent updates. A brand-new roof, HVAC system, flooring,

  Sonia Khan F.C. Tucker Company

  3554 N Illinois St, Indianapolis, IN 46208
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  /11

  $160,000

  • 3 Beds
  • 1 Bath
  • 1,645 Sq Ft

  531 N Alton Ave, Indianapolis, IN 46222

  This 3-bedroom, 1-bath home is currently rented for $1,200 per month and offers dependable cash flow in a central Indianapolis location. The layout is efficient and easy to maintain, appealing to a wide range of tenants. Conveniently located near downtown, parks, and transit options. A solid investment property with steady rental performance.

  Olga Bliuc-Haggard New Quantum Realty Group

  531 N Alton Ave, Indianapolis, IN 46222
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  /20

  $187,500

  • 3 Beds
  • 1 Bath
  • 1,248 Sq Ft

  2644 Woodrow Ave, Indianapolis, IN 46241

  Located at 2644 Woodrow Ave in Indianapolis, this 3 bedroom/1 bath ranch offers a rare blend of value, space, and major mechanical upgrades. Originally built as the builder's model home, this property was designed to showcase the best of its era and offers a solid foundation with thoughtful layout and character. The floor plan features three comfortable bedrooms and an additional family room,

  Amanda Phelps BluPrint Real Estate Group

  2644 Woodrow Ave, Indianapolis, IN 46241
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  /38

  $139,900

  • 3 Beds
  • 1.5 Baths
  • 1,138 Sq Ft

  3520 N Grant Ave, Indianapolis, IN 46218

  Calling all investors- a charming cozy single family home nestled in a desirable neighborhood, offering an incredible investment opportunity for savvy buyers. With 3 bedrooms, 1.5 bathrooms,this property is perfect for a growing family or an investor looking to expand their portfolio. It has a large fenced in private back yard providing plenty of outdoor space for children to play or for hosting

  Lloyd Manning Four Seasons Realty Group LLC

  3520 N Grant Ave, Indianapolis, IN 46218
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  /35

  $169,900

  • 4 Beds
  • 2 Baths
  • 1,624 Sq Ft

  501 N Dequincy St, Indianapolis, IN 46201

  Nestled on a quiet street just west of Irvington, this 4-bedroom, 2-bath brick home offers 1,624 square feet of classic charm and functional living space. Located in the Emerson Heights Historic District, it combines timeless architecture with a convenient, walkable neighborhood just minutes from local coffee shops, parks, schools, and the public library. Inside, you'll find a welcoming living

  Kurt Clements Diverse Property Solutions Ind

  501 N Dequincy St, Indianapolis, IN 46201
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  /39

  $199,900

  • 3 Beds
  • 3 Baths
  • 1,810 Sq Ft

  951 E Southern Ave, Indianapolis, IN 46203

  Investment Opportunity!! Located at 951 E Southern Ave., Indianapolis, IN, this single-family residence presents a great investment opportunity for handy homeowners and investors alike. This property offers a canvas for creating a personalized haven. The living room features a fireplace and crown molding, along with large windows that look out to Garfield Park just across the street. With 1810

  Nita Brooks Todd Howard

  951 E Southern Ave, Indianapolis, IN 46203
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  /5

  $119,900

  • Land
  • 0.22 Acre
  • $545,000 per Acre

  3419 N College Ave, Indianapolis, IN 46205

  Looking for an opportunity to invest in downtown Indianapolis? Look no further, discover endless possibilities with this newly listed 9,583 sq ft lot at 3419 North College Ave, Indy. Comes with architecture plans for modern duplex. Your future starts here! Seller financing available.

  Adriana Perez CENTURY 21 Scheetz

  3419 N College Ave, Indianapolis, IN 46205
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  /9

  $140,000

  • 3 Beds
  • 1 Bath
  • 1,104 Sq Ft

  533 Lynn St, Indianapolis, IN 46222

  This 3-bedroom, 1-bath home. Located on the west side of Indianapolis, it offers easy access to nearby parks, schools, and major roads. The layout is functional and tenant-friendly, with low-maintenance finishes throughout. A great fit for investors seeking steady returns.

  Olga Bliuc-Haggard New Quantum Realty Group

  533 Lynn St, Indianapolis, IN 46222
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  /38

  $115,000

  • 1 Bed
  • 1 Bath
  • 453 Sq Ft

  230 E 9th St Unit 507, Indianapolis, IN 46204

  Chic downtown condo living at its best! Nestled in a historic area rich with charm and character, this beautifully updated 1-bedroom, 1-bath residence offers the perfect blend of style and convenience. Enjoy maintenance-free living with an updated kitchen featuring stainless steel appliances, a renovated bathroom with a walk-in shower, and vinyl plank floors throughout. This home includes one

  LaToya Dix Dix Realty Group

  230 E 9th St Unit 507, Indianapolis, IN 46204
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  /5

  $125,000

  • 3 Beds
  • 1 Bath
  • 920 Sq Ft

  3521 N Riley Ave, Indianapolis, IN 46218

  This 3-bedroom, 1-bath home is currently rented for $900 a month and provides dependable cash flow in a growing area. Located on the northeast side of Indianapolis, it's close to parks, schools, and major roadways. The interior offers a simple, functional layout that's easy to maintain. A solid choice for investors seeking steady rental income with long-term upside.

  Olga Bliuc-Haggard New Quantum Realty Group

  3521 N Riley Ave, Indianapolis, IN 46218
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  /5

  $200,000

  • 3 Beds
  • 2.5 Baths
  • 1,800 Sq Ft

  20 N Pershing Ave, Indianapolis, IN 46222

  This spacious 3-bedroom, 2.5-bath home offers 1,800 square feet and is currently rented for $1,450 per month. Recently fully rehabbed, it features updated finishes throughout and a modern, functional layout. Tenants enjoy the extra space and amenities, making it an attractive long-term rental. A turnkey investment with strong income and minimal upkeep.

  Olga Bliuc-Haggard New Quantum Realty Group

  20 N Pershing Ave, Indianapolis, IN 46222
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  /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
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  /12

  $200,000

  • 4 Beds
  • 2 Baths

  626 N Euclid Ave, Indianapolis, IN 46201

  This duplex features two spacious 2-bedroom, 1-bath units, each offering 1,145 square feet of living space. Fully rehabbed in 2019, both sides include updated finishes and tenant-friendly layouts. The property currently brings in $1,800 per month in total rent. Located near downtown Indianapolis with convenient access to amenities, this is a strong cash-flowing asset with low upkeep.

  Olga Bliuc-Haggard New Quantum Realty Group

  626 N Euclid Ave, Indianapolis, IN 46201
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  /13

  $150,000

  • 3 Beds
  • 1 Bath
  • 1,178 Sq Ft

  3755 N Hawthorne Ln, Indianapolis, IN 46218

  This 3-bedroom, 1-bath home offers 1,178 square feet of comfortable living space and brings in $1,125 per month in rental income. The layout is spacious and functional, appealing to long-term tenants. Situated on the east side of Indianapolis, it's close to schools, parks, and major roads. A dependable investment with consistent cash flow.

  Olga Bliuc-Haggard New Quantum Realty Group

  3755 N Hawthorne Ln, Indianapolis, IN 46218
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  /20

  $183,000

  • 3 Beds
  • 2 Baths
  • 1,212 Sq Ft

  1058 N Traub Ave, Indianapolis, IN 46222

  Highly Motivated Seller! 3 bed / 2 bath home featuring a 2nd-floor owner's suite and two main-level bedrooms with a full bath. Convenient location near highways, downtown, hospitals, and colleges. Perfect for homeowners or investors. Home sold as-is

  LaKisha Lately Compass Indiana, LLC

  1058 N Traub Ave, Indianapolis, IN 46222
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  /7

  $140,000

  • 3 Beds
  • 1 Bath
  • 750 Sq Ft

  3912 Terrace Ave, Indianapolis, IN 46203

  This 3-bedroom, 1-bath home is currently rented for $1,000 a month and delivers consistent income in a convenient southside location. Just minutes from downtown Indianapolis, it offers easy access to shopping, highways, and public transit. The layout is efficient and tenant-friendly, with room for future updates if desired. A great addition to any rental portfolio.

  Olga Bliuc-Haggard New Quantum Realty Group

  3912 Terrace Ave, Indianapolis, IN 46203
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  /4

  $120,000

  • 3 Beds
  • 1 Bath
  • 1,185 Sq Ft

  860 Udell St, Indianapolis, IN 46208

  This 3-bedroom, 1-bathroom home on the near west side of Indianapolis currently rents for $875 a month and offers solid cash flow potential for an investor. With easy access to downtown, major highways, and public transit, it's a convenient spot for tenants. The layout is functional, the rental history is stable, and it's a great option whether you're just getting started or expanding your

  Olga Bliuc-Haggard New Quantum Realty Group

  860 Udell St, Indianapolis, IN 46208
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  /27

  $185,000

  • 3 Beds
  • 1.5 Baths
  • 1,892 Sq Ft

  1736 N Graham Ave, Indianapolis, IN 46218

  Distinctive in design and generous in scale, this spacious home offers an open, light-filled layout with architectural character and flexible living options throughout. The expansive great room is a standout feature, showcasing soaring vaulted ceilings with exposed beams, multiple oversized windows, and seamless flow to the kitchen-creating an ideal setting for both everyday living and

  Stacie Kidwell Sandoval F.C. Tucker Company

  1736 N Graham Ave, Indianapolis, IN 46218
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  /28

  $200,000

  • 4 Beds
  • 1.5 Baths
  • 1,473 Sq Ft

  8445 Montery Rd, Indianapolis, IN 46226

  Tucked away at 8445 Montery RD, INDIANAPOLIS, IN, this single-family residence is ready to turn over a new leaf and become someone's delightful dream home. It has new windows, roof in July 2025, hardy plank siding, new HVAC and water heater. Fresh paint through out, new remodeled bathrooms. New appliances. With 1473 square feet to play with, this home features four bedrooms, perfect for creating

  Ana Tibbott Nix Real Estate Group

  8445 Montery Rd, Indianapolis, IN 46226
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  /27

  $169,900

  • 1 Bed
  • 1 Bath
  • 634 Sq Ft

  1322 N Alabama St Unit D, Indianapolis, IN 46202

  Absolutely fabulous main-level condo in the Historic Old Northside. Feeling priced out of the Downtown market? This remodeled, end-unit, loft-style condo offers an ideal alternative with style, comfort, and location. Step inside to soaring ceilings and an open-concept layout that seamlessly connects the living, dining, and kitchen spaces, creating an airy and inviting atmosphere. The updated

  Rob Measel F.C. Tucker Company

  1322 N Alabama St Unit D, Indianapolis, IN 46202
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  /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
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  /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
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  /17

  $125,000

  • 2 Beds
  • 1 Bath
  • 1,084 Sq Ft

  8118 E 45th St, Indianapolis, IN 46226

  Charming Lawrence 2-bedroom, 1-bathroom home offering nearly 1,100 sq. ft. of comfortable living space! You'll be impressed by the exceptionally large rooms throughout, providing a spacious feel that you don't get in many homes of this size. The updated kitchen comes fully equipped with stainless steel appliances, and the home features vinyl windows and convenient washer/dryer hookups. Property

  Justin Capps Ferris Property Group

  8118 E 45th St, Indianapolis, IN 46226
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  /12

  $160,000

  • 3 Beds
  • 1 Bath
  • 1,622 Sq Ft

  953 N Oxford St, Indianapolis, IN 46201

  Calling all investors/flippers! Previously used as a 3 bed/1 bath home, it's ready for a renovation with your vision. Currently plumbed as 1 full bathroom upstairs. First floor is framed as 4 areas in a square: entryway/stairs, kitchen, dining, living room. Upstairs are the 3 beds and single bathroom. SOLD AS-IS.

  Kristin Hollister Highgarden Real Estate

  953 N Oxford St, Indianapolis, IN 46201
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  /28

  $174,900

  • 2 Beds
  • 2 Baths
  • 1,549 Sq Ft

  6525 Emerald Hill Ct Unit 206, Indianapolis, IN 46237

  Maintenance free living at it's best. Nestled at 6525 Emerald Hill Ct Unit 206 in the heart of Perry Township, this condominium offers an inviting home, ready for you to move in. Imagine starting your day in the spacious kitchen, crafting your favorite breakfast at the kitchen peninsula, before stepping out onto the balcony to enjoy the fresh air. The residence offers two full bathrooms,

  Todd Campbell United Real Estate Indpls

  6525 Emerald Hill Ct Unit 206, Indianapolis, IN 46237
• 

  

  /9

  $118,500

  • 4 Beds
  • 2 Baths
  • 1,296 Sq Ft

  2005 N Bancroft St, Indianapolis, IN 46218

  Rental property ready to go! Tenant pays $1,000 per month and lease expires 5/31/26 and is then month to month after. Showings with an accepted offer. Buyer will then have a negotiated due diligence period to view property once offer has been accepted - investors only - no regular inspections - you can bring contractors through during your due diligence period.

  Joe Everhart Everhart Studio, Ltd.

  2005 N Bancroft St, Indianapolis, IN 46218

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