Indianapolis, IN Homes for Sale under $200,000

• 

  

  

  /30

  $109,900

  $15K PRICE DROP

  • 2 Beds
  • 1 Bath
  • 725 Sq Ft

  5936 E Shimer Ave, Indianapolis, IN 46219

  Discover a charming single-family residence at 5936 Shimer AVE, INDIANAPOLIS, IN, USA. Constructed in 1949, this 725 sq ft home, situated on a generous 6011 sq ft lot, offers a unique opportunity for comfortable living. Its single-story design provides an inviting and accessible layout. The home features two well-proportioned bedrooms, offering private retreats for rest and relaxation. A full

  Isabella Frazier Trelora Realty

  5936 E Shimer Ave, Indianapolis, IN 46219
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  /52

  $120,000

  $30K PRICE DROP

  • 2 Beds
  • 1 Bath
  • 888 Sq Ft

  1025 Sharon Ave, Indianapolis, IN 46222

  Charming 2-bedroom, 1-bath home conveniently located just minutes from Downtown Indianapolis. Inside, you'll find a spacious layout with an open flow between the living and dining areas, highlighted by abundant windows that fill the space with natural light. The kitchen offers ample cabinet storage and includes both a stove and refrigerator. The basement has a finished room (but no egress window)

  Gloria Gear Keller Williams Indy Metro Partners

  1025 Sharon Ave, Indianapolis, IN 46222
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  /26

  $138,000

  $8K PRICE INCREASE

  • 2 Beds
  • 2 Baths
  • 1,332 Sq Ft

  3837 English Ave, Indianapolis, IN 46201

  Situated across from Christian Park, this beauty is move-in ready. Many updates including fresh paint, replacement windows, laminate floors and new countertops. Large family room has a full bath and closet, so it could easily be a third bedroom. Big basement features a beautiful fireplace (non-working gas log). Two car attached garage. Enclosed porch is a great spot to relax. See this one today.

  Jeff Davis Berkshire Hathaway Home

  3837 English Ave, Indianapolis, IN 46201
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  /6

  $130,000

  $10K PRICE DROP

  • 2 Beds
  • 1.5 Baths
  • 899 Sq Ft

  2145 N Leland Ave, Indianapolis, IN 46218

  Great investment opportunity! This 2 bedroom, 1.5 bath home is a solid addition to any portfolio. The property features a spacious backyard and a convenient 1 car attached garage. While the home will need some interior work, it presents excellent potential to add value. Great location and close to amenities.

  Edwin Watson Triple E Realty, LLC

  2145 N Leland Ave, Indianapolis, IN 46218
• 

  

  

  /12

  $180,000

  • 4 Beds
  • 1 Bath
  • 1,421 Sq Ft

  7341 E 35th St, Indianapolis, IN 46226

  Discover the charm of 7341 E 35th ST, a welcoming single-family residence on a quiet street. The property features four comfortable bedrooms, offering flexible living arrangements for various needs. New stainless steel appliances and tons of storage in the updated kitchen. New carpets in the bedrooms. Embrace the ease of single-story living in this classic ranch-style home, complemented by a

  Yang Xiao Sheepsheds, LLC

  7341 E 35th St, Indianapolis, IN 46226
• 

  

  /17

  $161,000

  Open Tue 9AM - 7PM $19K PRICE DROP

  • 3 Beds
  • 1 Bath
  • 925 Sq Ft

  4055 N Grand Ave, Indianapolis, IN 46226

  Welcome to this charming property located at 4055 N Grand Ave, where the living area offers a warm, welcoming space to unwind and connect. The modern kitchen shines with stainless steel appliances, an eye-catching accent backsplash, and a functional island that streamlines meal prep and makes everyday cooking feel effortless. The bedrooms offer a peaceful retreat with room to personalize and

  Shelby Farrar Opendoor Brokerage LLC

  4055 N Grand Ave, Indianapolis, IN 46226
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  /2

  $75,000

  $5K PRICE DROP

  • Land
  • 10,803 Sq Ft
  • $302,416 per Acre

  1007 S Biltmore Ave, Indianapolis, IN 46241

  Great opportunity to build your own home. Easy access to the highway, 15 minutes to downtown Indy.

  Chirin Wihba eXp Realty, LLC

  1007 S Biltmore Ave, Indianapolis, IN 46241
• 

  

  /22

  $179,900

  $10K PRICE DROP

  • 3 Beds
  • 1.5 Baths
  • 1,200 Sq Ft

  2020 N Layman Ave, Indianapolis, IN 46218

  Welcome to 2020 N Layman Avenue, a charming single-family residence located in a nice quiet area. This home is has been completely updated and thoughtfully designed for comfort and everyday convenience. The main level features 3 well-defined, nice sized bedrooms. The flexible layout is perfect for both relaxing and entertaining. There's plenty of space for family, guests, or a home office setup.

  Robert Davenport Plum Tree Realty

  2020 N Layman Ave, Indianapolis, IN 46218
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  /7

  $74,000

  • Land
  • 5,227 Sq Ft
  • $616,667 per Acre

  1401 S Meridian St, Indianapolis, IN 46225

  Corner lot at South Meridian and Arizona, just over a mile south of downtown Indianapolis. This 0.12-acre (5,314 sq ft) C-3-zoned parcel sits on level ground with full frontage on two city streets. Utilities on site include electric, gas, water, and municipal sewer, with approved curb cuts already in place. C-3 zoning allows for a wide range of commercial uses-think drive-thru restaurants, auto

  Basim Najeeb Keller Williams Indy Metro Partners

  1401 S Meridian St, Indianapolis, IN 46225
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  /2

  $75,000

  • Land
  • 1.06 Acres
  • $70,755 per Acre

  7300 N Guion Rd, Indianapolis, IN 46268

  Ron Fisher The Discovery Group, Inc

  7300 N Guion Rd, Indianapolis, IN 46268
• 

  

  /22

  $122,500

  $3K PRICE DROP

  • 3 Beds
  • 1 Bath
  • 1,041 Sq Ft

  3539 Brouse Ave, Indianapolis, IN 46218

  Situated within blocks of Keystone Avenue sits a cute 3 bedroom, 1 bath home with dining room, living room, kitchen, full basement, fully fenced yard with privacy fence in rear and chain link in front. This is a lot of house to get at this price! New HVAC & Hot Water Heater. Great home to add to your investment portfolio or to purchase for yourself! Current property is tenant occupied with lease

  Joy Hickman United Real Estate Indpls

  3539 Brouse Ave, Indianapolis, IN 46218
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  /8

  $140,000

  • 4 Beds
  • 2 Baths

  2825 E Michigan St, Indianapolis, IN 46201

  Discover a unique opportunity at 2825 / 2827 E Michigan ST, INDIANAPOLIS, IN, USA. This inviting duplex, originally built in 1923, offers a ready-to-move-in condition, presenting a seamless transition to your new lifestyle. Its distinct character and enduring appeal provide a foundation for comfortable and convenient living. The property features a welcoming porch, offering an ideal space for

  Jennifer Wilmoth Wilmoth Group

  2825 E Michigan St, Indianapolis, IN 46201
• 

  

  /22

  $73,000

  $7K PRICE DROP

  • 2 Beds
  • 1.5 Baths
  • 1,048 Sq Ft

  9848 Haven Ct, Indianapolis, IN 46235

  INVESTOR SPECIAL. Rare opportunity to acquire side-by-side units at 9848 Haven Ct and 9850 Haven Ct in Tudor Park. Ideal for portfolio scaling or a dual income strategy - buy one or both. Each 2 bed, 1.5 bath condo is updated and turnkey. 9848 Haven Ct features new LVP flooring throughout the main level, full interior paint, all new outlets and switches, lighting, fresh carpeting and a refreshed

  Catherine Fese F.C. Tucker Company

  9848 Haven Ct, Indianapolis, IN 46235
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  /3

  $144,500

  $6K PRICE DROP

  • 3 Beds
  • 1 Bath
  • 1,222 Sq Ft

  909 W 29th St, Indianapolis, IN 46208

  Discover the potential within 909 W 29th ST NW, Indianapolis, IN, a property presenting a great investment opportunity. This single-family residence awaits your vision and expertise. Within this residence, you will find three bedrooms, offering ample space for comfortable living. Imagine creating personalized retreats within each of these rooms, designed to suit your individual style and needs.

  Mitchel Andrews Andrews REALTORS, LLC

  909 W 29th St, Indianapolis, IN 46208
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  /10

  $99,900

  $20K PRICE DROP

  • 2 Beds
  • 2 Baths
  • 896 Sq Ft

  1826 Tallman Ave, Indianapolis, IN 46218

  Just East of 19th and Hillside, this 2 bedroom and 2 bathroom home needs some love to get back to functioning. Perched on top of a hill, with large garage outbuilding, this home could make a nice addition to your rental portfolio at a inexpensive price. Property appears to have a newer roof and windows and has gone through a partial rental renovation. Home needs appliances, heating and cooling,

  Brian Pachciarz Estansion Group by BLP

  1826 Tallman Ave, Indianapolis, IN 46218
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  /3

  $175,000

  • 3 Beds
  • 2.5 Baths
  • 1,685 Sq Ft

  2049 Ralston Ave, Indianapolis, IN 46218

  Your path to homeownership starts here. Welcome to Ralston Hills, where thoughtful design, quality craftsmanship, and the opportunity to own something of your own come together in the heart of Martindale-Brightwood. This newly constructed Renewal floor plan is thoughtfully designed for modern living, offering 3 bedrooms, 2.5 bathrooms, and 1,685 square feet of beautifully designed living space.

  Danielle Coleman Garnet Group

  2049 Ralston Ave, Indianapolis, IN 46218
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  /22

  $134,999

  $5K PRICE DROP

  • 3 Beds
  • 1 Bath
  • 888 Sq Ft

  2022 E 34th St, Indianapolis, IN 46218

  Back on Market after temporary withdrawal for seller's personal reasons. Property is in great condition and ready for showings - do not miss this opportunity, also seller used this time to bring fresh paint. Property is currently tenant-occupied. However, if the buyer intends to occupy the home as a primary residence, the tenants are willing to vacate prior to closing, allowing for owner

  Cynthia Sosa AMR Real Estate LLC

  2022 E 34th St, Indianapolis, IN 46218
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  /28

  $175,000

  $10K PRICE DROP

  • 3 Beds
  • 1 Bath
  • 1,722 Sq Ft

  853 S Belleview Place, Indianapolis, IN 46221

  Welcome home to this beautifully updated 3-bedroom, 1-bath residence that blends comfort, functionality, and value. Recent updates throughout provide a fresh, move-in-ready feel, allowing you to settle in with ease. The electrical system has been updated with a new panel. Major improvements include a new roof (2024), HVAC system (2024), water heater (2024), and exterior A/C unit (2024). The

  Iscary Payano 1 Percent Lists Indiana Real Estate

  853 S Belleview Place, Indianapolis, IN 46221
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  /42

  $184,000

  • 2 Beds
  • 1 Bath
  • 712 Sq Ft

  1413 Wallace Ave, Indianapolis, IN 46201

  Charming 2 bedroom 1 bath stone bungalow style home located in historic Little Flower neighborhood. Great room with dining area leads to the stylish kitchen that features newer (2024) stainless steel appliances, granite countertops and oak cabinets with step down flex space leading to the back yard. 2 bedrooms and full bathroom with striking tile tub surround and newer vanity. Unfinished basement

  Jennifer Moretton F.C. Tucker Company

  1413 Wallace Ave, Indianapolis, IN 46201
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  /27

  $109,900

  $55K PRICE DROP

  • 3 Beds
  • 2 Baths
  • 1,628 Sq Ft

  3819 N Capitol Ave, Indianapolis, IN 46208

  This Home Offers Three Bedroom, Two Full Bathrooms and a Charm that is just waiting for you to make your updates! Your entry into the home is a Spacious Living Room, opening into a Formal Dining Room with large picture windows. There are built-ins in the alcove next to the open stairway that will make it perfect for a reading retreat area. The Kitchen is large enough to accommodate a remodel with

  Jolene McPherson Your Place Realty

  3819 N Capitol Ave, Indianapolis, IN 46208
• 

  

  /23

  $189,900

  • 4 Beds
  • 1.5 Baths
  • 2,835 Sq Ft

  2657 E Riverside Dr, Indianapolis, IN 46208

  Fantastic opportunity for a fixer upper in the Riverside area. This home has so much character and is just waiting for someone to come along and give it some love!!

  Nicole Lynkew Berkley & State, LLC

  2657 E Riverside Dr, Indianapolis, IN 46208
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  /18

  $197,900

  $2K PRICE DROP

  • 2 Beds
  • 1 Bath
  • 1,360 Sq Ft

  1832 N Harding St, Indianapolis, IN 46202

  Welcome to the vibrant and centrally located Marion Park neighborhood-an area gaining attention for its unbeatable access to some of Indianapolis' most desirable destinations. This property offers the perfect blend of neighborhood charm and urban convenience. Located just minutes from downtown, you'll enjoy easy access to the Fall Creek Trail, White River Trail, The Canal, Broad Ripple, AMP Food

  Alexis Ruggiero F.C. Tucker Company

  1832 N Harding St, Indianapolis, IN 46202
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  /5

  $159,900

  $39K PRICE DROP

  • Land
  • 23,086 Sq Ft
  • $301,698 per Acre

  10307 Orchard Park Dr S, Indianapolis, IN 46280

  WOW! Come check out this rare-to-find 0.53-acre residential lot located in a sought-after Carmel community with NO HOA! This property offers a fantastic opportunity for custom construction in a prime location. the adjacent listing #22102190 single family home just sold at $459900!

  Xuesong Yan United Real Estate Indpls

  10307 Orchard Park Dr S, Indianapolis, IN 46280
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  /34

  $81,500

  $19K PRICE DROP

  • 1 Bed
  • 1 Bath
  • 1,132 Sq Ft

  6407 Friendship Cir Unit 15, Indianapolis, IN 46268

  Ready for carefree living? Look no further. Located in the highly desirable 55+ community of Robin Run Village, this home sits on a beautifully maintained 86-acre campus offering both comfort and convenience. Inside, you'll find a versatile floor plan featuring a combined living/dining area, along with a cozy hearth room complete with a gas fireplace - perfect as a second bedroom, home office or

  Amy Keizers Duke Collective, Inc.

  6407 Friendship Cir Unit 15, Indianapolis, IN 46268
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  /29

  $122,500

  $10K PRICE DROP

  • 1 Bed
  • 1 Bath
  • 941 Sq Ft

  3965 N Meridian St Unit 3G, Indianapolis, IN 46208

  Experience the perfect blend of comfort and convenience in this 1-bedroom/1 bath condo at The Modern, just minutes from downtown Indianapolis. Enjoy on-site amenities including a fitness center, outdoor pool, and sunny patio lounge. This is low-maintenance, high-style living in one of Indy's most convenient locations. Inside, you'll find this newly updated unit features brand new flooring, fresh

  Jazmine Allen Homes Unlimited

  3965 N Meridian St Unit 3G, Indianapolis, IN 46208
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  /13

  $139,900

  • 3 Beds
  • 1 Bath
  • 1,012 Sq Ft

  2813 S Rybolt Ave, Indianapolis, IN 46241

  Immediate cash-flow opportunity with a stable tenant already in place through July 2027. This 3-bedroom, 1-bath ranch is a turnkey addition to any buy-and-hold portfolio, offering stable income from day one and potential for future rent growth. Features include a spacious living area, eat-in kitchen, detached garage, and functional floor plan. Conveniently located on Indianapolis' west side with

  Braxton Myers Carpenter, REALTORS®

  2813 S Rybolt Ave, Indianapolis, IN 46241
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  /27

  $194,900

  • 3 Beds
  • 1 Bath
  • 1,200 Sq Ft

  838 N Emerson Ave, Indianapolis, IN 46219

  Welcome to 838 N Emerson Ave! This 3-bedroom, 1-bath single-story home sits on a 6,534 sq ft lot and offers 1,200 sq ft of comfortable, functional living space - just minutes from the charming shops, dining, and community events of historic Irvington. Major mechanical updates have already been taken care of - furnace (2025), central air conditioning (2025), water heater (2023), and sump pump with

  Ani Rios Highgarden Real Estate

  838 N Emerson Ave, Indianapolis, IN 46219
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  /14

  $180,000

  • Land
  • 1.21 Acres
  • $148,760 per Acre

  9602 Fall Creek Rd, Castleton, IN 46256

  A rare canvas in the Geist area-1.2 acres of elevated, treelined serenity where you can create the home that reflects who you are and how you want to live. No HOA. No architectural rules. No limits on imagination. Bring your own architect and builder to craft something entirely your own. Wake up to soft eastern light filtering through the canopy, with the Upper Fall Creek Trail & Park stretching

  Joanna McCallister Schutte Berkshire Hathaway Home

  9602 Fall Creek Rd, Castleton, IN 46256
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  /4

  $55,000

  • Land
  • 9,147 Sq Ft
  • $261,905 per Acre

  943 N Kealing Ave, Indianapolis, IN 46201

  Opportunity is knocking on the eastside! This vacant parcel offers a rare double lot within an established residential community-giving you extra space and flexibility to bring your vision to life. Whether you're dreaming of building your custom home, adding a detached garage, or simply enjoying a larger yard, this property gives you room to do it. The seller has recently had utilities marked,

  Michelle Figg The Stewart Home Group

  943 N Kealing Ave, Indianapolis, IN 46201
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  /24

  $159,900

  $10K PRICE DROP

  • 2 Beds
  • 2 Baths
  • 1,070 Sq Ft

  8830 Yardley Ct Unit 104, Indianapolis, IN 46268

  Discover effortless living at 8830 Yardley CT - a private rear-corner unit waiting for you to make it home. As you pull in front of Yardley Court, assigned parking and a private single garage gives you simple & easy parking options directly in front of your home. This condo is located on the first floor and is nestled behind a secure entry foyer adding additional privacy. As you enter your

  Wesley Bounds Trueblood Real Estate

  8830 Yardley Ct Unit 104, Indianapolis, IN 46268
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  /8

  $169,000

  $30K PRICE DROP

  • 4 Beds
  • 3.5 Baths
  • 2,182 Sq Ft

  2923 N Denny St, Indianapolis, IN 46218

  At 2923 N Denny ST, INDIANAPOLIS, IN, discover a charming single-family residence built in 1926, offering 1500 square feet of thoughtfully designed living space. This property presents an opportunity to own a piece of history, reimagined for contemporary living on a generous 14418 square foot lot. With four bedrooms, there is ample space for comfortable living, providing flexibility for various

  Barbara Owens Owens Realty

  2923 N Denny St, Indianapolis, IN 46218
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  /2

  $110,000

  • Land
  • 5,662 Sq Ft
  • $846,154 per Acre

  2055 Columbia Ave NE, Indianapolis, IN 46202

  Rare opportunity to own a 40' x 140' lot in a prime location, ideal for a future single-family home or duplex. Enjoy quick and convenient access to downtown, along with immediate access to the Monon Trail. Nearby favorites include Provider, Greek's Pizzeria, Festiva - widely known as one of the city's top Mexican restaurants - and Kan-Kan Cinema and Restaurant, along with many other local

  Bunmi Famosinpe My Agent

  2055 Columbia Ave NE, Indianapolis, IN 46202
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  /25

  $185,900

  $3K PRICE DROP

  • 2 Beds
  • 1 Bath
  • 942 Sq Ft

  301 Leeds Ave, Indianapolis, IN 46201

  Welcome to 301 Leeds Ave, a beautifully renovated home that perfectly blends modern style, comfort, and functionality. Completely transformed within the past year, this move-in ready property showcases high-end luxury touches throughout the entire renovation, giving the home an upscale feel while maintaining warmth and character. From the moment you arrive, you'll notice the attention to detail

  Brennon Caesar Better Homes and Gardens Real Estate Gold Key

  301 Leeds Ave, Indianapolis, IN 46201
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  /28

  $139,900

  $15K PRICE DROP

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

  4137 Kenneth Ave, Indianapolis, IN 46226

  This charming ranch-style home offers 3 bedrooms and 1.5 bathrooms, built in 1965 and full of character. Enjoy a cozy front porch-perfect for relaxing with a cup of coffee while taking in the surrounding mature trees. Inside, the home features a functional layout with a welcoming living space and an open flow between the kitchen and dining area, making it easy to stay connected with guests while

  Kristal Muñoz REMAX ONE

  4137 Kenneth Ave, Indianapolis, IN 46226
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  /4

  $30,000

  • Land
  • 3,920 Sq Ft
  • $333,333 per Acre

  1324 N Tacoma Ave, Indianapolis, IN 46201

  Vacant lot for sale!

  Brian Wayman CENTURY 21 Scheetz

  1324 N Tacoma Ave, Indianapolis, IN 46201
• 

  

  /14

  $169,900

  $5K PRICE DROP

  • 3 Beds
  • 1 Bath
  • 900 Sq Ft

  3337 Prospect St, Indianapolis, IN 46203

  Investor Special or First-Time Buyer Gem with Extra Lot! Recently remodeled home just minutes from downtown in a rapidly growing area with new construction nearby. Previously used as an Airbnb, this property is move-in ready and ideal for investors or first-time buyers. Includes adjoining lot with separate address-build another home or sell separately for added value. Motivated seller!

  Brandon Warfield Carpenter, REALTORS®

  3337 Prospect St, Indianapolis, IN 46203
• 

  

  /21

  $149,900

  $10K PRICE DROP

  • 2 Beds
  • 1 Bath
  • 862 Sq Ft

  1942 N Emerson Ave, Indianapolis, IN 46218

  LOCATION LOCATION! Attention investors and first time home buyers! A great deal here on this 2/1 with detached garage. Oversized corner lot in quiet neighborhood. Easy access to 70, and just a jog away from Southeastern Ave. Built in 1970, this home offers 784 square feet of comfortable living space, designed for effortless living. The heart of this home is an open-plan kitchen, seamlessly

  Justin Polston Mackenzie Allen, Polston & Ass

  1942 N Emerson Ave, Indianapolis, IN 46218
• 

  

  /3

  $124,900

  $15K PRICE DROP

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

  1930 Tallman Ave, Indianapolis, IN 46218

  A partially rehabbed 3-bed/2-bath Near Northside single-family with the heavy lifting already started. Vinyl windows, updated flooring, covered porch, full fence, and storage shed already in place. Walk-in closet adds a rental premium that tenants notice. A quick finish gets this one cash flowing fast.

  Max Moore @properties

  1930 Tallman Ave, Indianapolis, IN 46218
• 

  

  /20

  $135,000

  $15K PRICE DROP

  • 3 Beds
  • 1 Bath
  • 1,208 Sq Ft

  2244 N Bolton Ave, Indianapolis, IN 46218

  Tucked away at 2244 N Bolton AVE, INDIANAPOLIS, IN, this single-family residence is ready to charm your socks off and become your very own happy place! Step inside to discover 1208 square feet of living area just waiting for your personal touch; it's the perfect canvas for creating memories and adventures! Imagine hosting cozy gatherings or simply relaxing after a long day-this is the spot where

  Jevon Hill Keller Williams Indy Metro Partners

  2244 N Bolton Ave, Indianapolis, IN 46218
• 

  /2

  $20,000

  $5K PRICE DROP

  • Land
  • 5,227 Sq Ft
  • $166,667 per Acre

  3122 N Euclid Ave, Indianapolis, IN 46218

  39 x 134 lot for sale. Please see agent remarks for more information.

  Mark Nottingham @properties

  3122 N Euclid Ave, Indianapolis, IN 46218

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