Indianapolis, IN Homes under $200,000

• 

  

  

  /21

  $185,000

  • 3 Beds
  • 2 Baths
  • 2,016 Sq Ft

  3131 Stillmeadow Dr, Indianapolis, IN 46214

  Welcome to low maintenance, easy condo living with immediate possession available! Conveniently located close to Eagle Creek State Park, downtown Indianapolis, and the famous Indianapolis 500 racetrack. This spacious 3 bedroom and 2 full bath condo features vaulted ceilings with wood beam in the living room, new carpet and new laminate floors in the kitchen, an updated kitchen with backsplash,

  Rachel Freitas Berkshire Hathaway Home

  3131 Stillmeadow Dr, Indianapolis, IN 46214
• 

  

  

  /23

  $130,000

  • 2 Beds
  • 1 Bath
  • 750 Sq Ft

  3109 Forest Manor Ave, Indianapolis, IN 46218

  Charming and cozy 2-bedroom home with built-in cabinets, centrally located and easy to show. The home has been freshly painted and features brand-new flooring and carpet, making it completely move-in ready. Enjoy a spacious backyard, along with a roof and gutters that are only three years old.

  Gloria Gear Keller Williams Indy Metro S

  3109 Forest Manor Ave, Indianapolis, IN 46218
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  /26

  $193,000

  • 4 Beds
  • 1 Bath
  • 1,342 Sq Ft

  6638 Sunbury Dr, Indianapolis, IN 46241

  Don't miss this updated 4-bedroom, 1-bath home in Wayne Township! Recent improvements include a new roof, fresh paint, updated flooring, and a brand-new fence. The spacious living room flows into an eat-in kitchen, perfect for gatherings. Upstairs, you'll find two bedrooms and a fully updated bathroom. The lower level features two additional bedrooms, a utility room, and direct access to the

  Alex Montagano eXp Realty LLC

  6638 Sunbury Dr, Indianapolis, IN 46241
• 

  

  

  /28

  $169,900

  • 2 Beds
  • 1 Bath
  • 956 Sq Ft

  2658 S Rybolt Ave, Indianapolis, IN 46241

  This modest 2 bedroom, 1 bathroom home in Mars Hill is now available. 956 sq.ft. of finished interior space. Situated on a former triple-parcel lot for a grand total of 0.24 acres of land. Contemporary finishes inside with new flooring throughout in 2023. Kitchen appliances include the electric oven/range, microwave, and refrigerator. The roof the home is just 1 year old and the furnace was

  Marcia Souers eXp Realty, LLC

  2658 S Rybolt Ave, Indianapolis, IN 46241
• 

  

  

  /29

  $174,900

  • 3 Beds
  • 1 Bath
  • 1,073 Sq Ft

  1716 Arlene Dr, Indianapolis, IN 46219

  BACK ON THE MARKET!!! After updates to the Kitchen and the Bathroom! This Move-in ready Charming 3-bedroom, 1 bath home with 1 car garage and carport is ready for your personal touch. This home features a large eat-in-kitchen, separate dining area, large living room with laminate flooring. enjoy the outside in this large fenced in back yard with patio and firepit. Enjoy easy access to the

  Fletch Daly New Quantum Realty Group

  1716 Arlene Dr, Indianapolis, IN 46219
• 

  

  /22

  $117,900

  • 2 Beds
  • 1 Bath
  • 837 Sq Ft

  3511 N Keystone Ave, Indianapolis, IN 46218

  Charming from the curb and full of potential inside, this 2-bedroom cottage in Martindale-Brightwood is your chance to make something truly your own. Whether you're looking for your first home or your next project, this 946 sq ft vinyl-sided gem offers the bones and character to bring your vision to life. A covered front porch welcomes you into a simple, functional layout that just needs a little

  Terry Young Red Bridge Real Estate

  3511 N Keystone Ave, Indianapolis, IN 46218
• 

  

  /15

  $165,000

  • 5 Beds
  • 2 Baths
  • 5,286 Sq Ft

  2425 S Lyons Ave, Indianapolis, IN 46241

  Calling all investors and renovators! This 1937 North Mars Hill classic is waiting for your vision. With 4 bedrooms, 2 baths, and a traditional 2-story layout, this property offers tons of potential for a profitable flip, long-term rental, or custom renovation. Located in a sought-after area, the home is full of character but needs work-perfect for those ready to roll up their sleeves.

  Jasmine Axell Keller Williams Indpls Metro N

  2425 S Lyons Ave, Indianapolis, IN 46241
• 

  

  /17

  $143,000

  • 3 Beds
  • 1 Bath
  • 1,311 Sq Ft

  9048 E 36th St, Indianapolis, IN 46235

  Fixer-upper three bedroom, one bathroom ranch in North East Wood. Whether you're looking to build equity, generate rental income, or create the home you've always envisioned, this property offers the perfect opportunity. Don't miss your chance-schedule your showing today!

  Robert Salmons Entera Realty

  9048 E 36th St, Indianapolis, IN 46235
• 

  

  /3

  $139,900

  • Land
  • 0.09 Acre
  • $1,554,444 per Acre

  2620 Broadway St, Indianapolis, IN 46205

  Rare opportunity to build your dream home in one of Indianapolis' most sought-after neighborhoods! Located at 2620 Broadway, this prime, buildable lot is fully approved for a 3,000 sq ft single-family home - saving you months of planning time. The lot sits on a beautiful, tree-lined street surrounded by charming historic homes, new luxury builds, and a thriving community atmosphere. With city

  Charlene Gaard No Limit Real Estate, LLC

  2620 Broadway St, Indianapolis, IN 46205
• 

  

  /28

  $199,999

  • 3 Beds
  • 2 Baths
  • 1,638 Sq Ft

  1835 N Rural St, Indianapolis, IN 46218

  SPECIAL FINANCING: THIS PROPERTY COMES WITH A 2/1 TEMPORARY RATE BUYDOWN, REDUCING THE BUYER'S INTEREST RATE BY 2%, THE FIRST YEAR OF THEIR LOAN AND 1% THE SECOND YEAR. CALL TODAY TO LEARN MORE! Welcome Home to this stunning 3-bedroom, 2-bath home that offers everything a buyer dreams of. Enjoy peace of mind with brand-new electric, plumbing, HVAC, roof, siding, doors, windows, and everything

  Danielle Coleman Keller Williams Indpls Metro N

  1835 N Rural St, Indianapolis, IN 46218
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  /44

  $189,000

  • 2 Beds
  • 1 Bath
  • 994 Sq Ft

  5841 E Julian Ave, Indianapolis, IN 46219

  Fall in love with this delightful 2-bedroom, 1-bath bungalow, ideally located on a corner lot in one of Indianapolis's most beloved neighborhoods. Nestled in the heart of Historic Irvington, this 994 sq ft home offers timeless character, featuring hardwood floors in the formal dining and living rooms, and a spacious primary bedroom with a walk-in cedar closet. Enjoy the comfort and warmth of

  Terry Michael Honor Realty LLC

  5841 E Julian Ave, Indianapolis, IN 46219
• 

  

  /13

  $125,000

  • 3 Beds
  • 1 Bath
  • 1,724 Sq Ft

  2208 N Avondale Place, Indianapolis, IN 46218

  This 3-bedroom, 1-bathroom home offers over 1,700 sq. ft. and endless potential. Just minutes from downtown Indianapolis and steps from Martin University, it's the perfect opportunity to create your dream home or maximize your investment portfolio. With spacious rooms and a solid layout, bring your vision and make it shine!

  Sarah Skidmore @properties

  2208 N Avondale Place, Indianapolis, IN 46218
• 

  

  /20

  $119,000

  • 3 Beds
  • 2 Baths
  • 834 Sq Ft

  1342 W Lee St, Indianapolis, IN 46221

  This is a great investment property! This property is currently rented. Three bedrooms, 2 full bath, a large fenced in yard, and a great detached garage close to downtown is what you get with this property.

  Darshan Soni Market Street Realty LLC

  1342 W Lee St, Indianapolis, IN 46221
• 

  

  /12

  $179,900

  • 1 Bed
  • 1 Bath
  • 842 Sq Ft

  1404 Broadway St Unit G, Indianapolis, IN 46202

  Fantastic opportunity to own in Indy's Old Northside neighborhood!! This spacious and charming one bedroom, one bath condo offers low-maintenance living in an amazing location. Lots of natural light, large walk-in closet, in-unit laundry, and off-street parking are just a few of the amenities. Great Oak Commons Park is in your backyard! Bottleworks, Monon Trail, O'Bannon Soccer Park and all the

  Mark Linder CENTURY 21 Scheetz

  1404 Broadway St Unit G, Indianapolis, IN 46202
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  /7

  $150,000

  • Land
  • 0.22 Acre
  • $681,818 per Acre

  7543 Terrace Beach, Indianapolis, IN 46240

  Riverfront Living :: Build Your Dream Escape Tucked away on a peaceful riverfront, this 9,500 sqft lot is the perfect spot to build your dream home. Surrounded by trees and the calming sound of the water, it feels like a vacation getaway-but you're just minutes from all the city has to offer. It's rare to find a place that feels this quiet and tucked-in, yet still so close to everything. Come

  Kristin Glassburn @properties

  7543 Terrace Beach, Indianapolis, IN 46240
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  /31

  $113,000

  • 2 Beds
  • 1.5 Baths
  • 1,078 Sq Ft

  4464 Four Seasons Cir, Indianapolis, IN 46226

  Don't miss this well-maintained, move-in ready 2-bedroom, 1.5-bath condo - offering comfort, updates, and convenience at a price point that's hard to beat. Inside, you'll find luxury vinyl plank flooring throughout, fresh paint, modern vanities in both bathrooms, and a layout that just makes sense. The spacious living area flows easily, and the private laundry room and attached 1-car garage add

  Michelle Romano-Moss Keller Williams Indpls Metro N

  4464 Four Seasons Cir, Indianapolis, IN 46226
• 

  

  /21

  $150,000

  • 2 Beds
  • 1 Bath
  • 736 Sq Ft

  4325 Crittenden Ave, Indianapolis, IN 46205

  Recently updated 2 bedroom, 1 bath home close to the Indiana State Fairgrounds, Broad Ripple and downtown. Updates include: new vinyl siding, new LVP flooring throughout, fresh paint, newly installed appliances, new roof (2024) and new furnace (2024). And the windows are energy efficient double-paned vinyl. This home is move-in ready. And ready for you to make it your own! Reach out today for a

  Dana Holt Keller Williams Indpls Metro N

  4325 Crittenden Ave, Indianapolis, IN 46205
• 

  

  /13

  $120,000

  • 2 Beds
  • 2 Baths
  • 840 Sq Ft

  1308 W 18th St, Indianapolis, IN 46202

  Value add opportunity in the rapidly developing Riverside neighborhood steps from the 16 tech corridor, Guggman Brewing, and Riverside Park. Property is currently rented at $1,600/month to a long-term daycare tenant who cares well for the property Thorough interior rehab was completed on the property in 2022 including electrical and plumbing, new floors, kitchen, bathrooms, flooring

  Luke Granholm @properties

  1308 W 18th St, Indianapolis, IN 46202
• 

  

  /23

  $150,000

  • 3 Beds
  • 2 Baths
  • 1,322 Sq Ft

  3532 E 10th St, Indianapolis, IN 46201

  A NEW home is waiting for you! Completely gutted and started over with this gem. 3bed 2 bath with main floor laundry! Nestled right on the 10th St corridor you can get anywhere in the city with swiftness. ALL NEW VINYL WINDOWS, PEX PLUMBING, WIRING, FIXTURES, DRYWALL, INTERIOR AND EXTERIOR PAINT, ROOF, COMPOSITE SIDING AND GUTTERS. Off street parking available in back of home with room to play.

  Stephen Bailey F.C. Tucker Company

  3532 E 10th St, Indianapolis, IN 46201
• 

  

  /13

  $126,000

  • 2 Beds
  • 1 Bath
  • 880 Sq Ft

  1719 Dawson St, Indianapolis, IN 46203

  This two bed 1 bath home is ready for its next chapter whether you are a first-time home buyer looking to build equity or an investor looking to build your portfolio. Updates include - electric wiring, new roof, radon mitigation system, kitchen remodel, and flooring updated to LVP all in 2021. Bathroom remodel in 2023.

  Mark Branch Highgarden Real Estate

  1719 Dawson St, Indianapolis, IN 46203
• 

  

  /25

  $199,500

  • 3 Beds
  • 1.5 Baths
  • 2,514 Sq Ft

  3208 Brookside Parkway Dr N, Indianapolis, IN 46218

  Breathtaking view of Brookside Park! Nestled in the heart of Indianapolis this charming brick Tudor-style home is adorned with architectural character and an updated exterior. Elegant living room with hardwood wall paneling, built-in bookshelves, leaded windows, hardwood floors, crown molding and wood-burning fireplace. Classic kitchen with breakfast bar. Formal dining room. Spacious finished

  Ryan Gehris Unreal Estate LLC

  3208 Brookside Parkway Dr N, Indianapolis, IN 46218
• 

  

  /14

  $109,999

  • 2 Beds
  • 1 Bath
  • 966 Sq Ft

  6458 Lupine Terrace, Indianapolis, IN 46224

  Welcome to this charming 2-bedroom, 1-bath condo in desirable Wayne Township! Offering a spacious open floor plan, this home features a generous living area perfect for relaxing or entertaining. Enjoy the convenience of an in-unit stackable washer and dryer, along with an electric stove and refrigerator included. Condo offers a private balcony and 1 car shared garage with the neighboring unit.

  Edwin Watson Triple E Realty, LLC

  6458 Lupine Terrace, Indianapolis, IN 46224
• 

  

  /22

  $110,000

  • 1 Bed
  • 1 Bath

  1916 E Maryland St, Indianapolis, IN 46201

  Double was converted to single unit but it looks like the best value would be filling in a wall and some other items to make a 2 income home. If you like then keep as is. Vacant for over a few years so its in rough condition and sold in as is condition. No utilities on. Does have a side drive. Excellent street location as the values keep going up. This property is owned by the same owner as next

  Joe Bowling JBG, Inc.

  1916 E Maryland St, Indianapolis, IN 46201
• 

  

  /20

  $135,000

  • 3 Beds
  • 1 Bath
  • 1,199 Sq Ft

  2819 Mars Hill St, Indianapolis, IN 46241

  This adorable three bedroom, one full bathroom ranch home is located in the quiet Mars Hill neighborhood. Conveniently located with easy access to the highway. The home features a nice size family room, spacious kitchen with oak cabinets, tile backsplash and an eat-in area. Enjoy sitting on the covered front porch or in the private, fenced in backyard! The gravel parking spots in front of the

  Valerie McNerney CENTURY 21 Scheetz

  2819 Mars Hill St, Indianapolis, IN 46241
• 

  

  /15

  $184,900

  • 3 Beds
  • 2 Baths
  • 1,156 Sq Ft

  1016 Dawson St, Indianapolis, IN 46203

  **INVESTOR FLIP POTENTIAL** Take advantage of extra strong values in this Fountain Square fixer. You can continue what was started to realize potential gains or renovate for cash flows. Unlimited potential due to location and neighboring homes. Bring your contractor with you as current condition is in framing stage. There is room to build a garage for even higher values in this area. New owner

  Brian Pachciarz Estansion Group by BLP

  1016 Dawson St, Indianapolis, IN 46203
• 

  

  /26

  $159,900

  • 4 Beds
  • 1.5 Baths
  • 1,800 Sq Ft

  3601 N Kenwood Ave, Indianapolis, IN 46208

  PRICE REDUCTION! Welcome home to 3601 N Kenwood Ave. This solid home on a nice, larger corner lot was totally remodeled in 2022, including new roof, new A/C, kitchen, appliances, paint, lighting and new LVP flooring throughout main level. Upstairs features four bedrooms, a full bath, and beautiful hardwood floors throughout! Enjoy the summer evenings on the spacious and covered porch! All the

  Gregory Hillman Carpenter, REALTORS®

  3601 N Kenwood Ave, Indianapolis, IN 46208
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  /6

  $149,000

  • Land
  • 0.52 Acre
  • $286,538 per Acre

  3431 Carson Ave, Indianapolis, IN 46227

  Esteemed investors, an exceptional opportunity presents itself at 3431 Carson Avenue, Indianapolis. This land can be used as C1 commercial it also has water and sewer connections, perfectly positioned in a prime location for both residential and commercial development. Its mixed-use zoning provides tremendous versatility for a range of potential projects, aligning with diverse market needs.

  Adriana Perez Compass Indiana, LLC

  3431 Carson Ave, Indianapolis, IN 46227
• 

  

  /11

  $110,000

  • 2 Beds
  • 1 Bath
  • 843 Sq Ft

  801 N Denny St, Indianapolis, IN 46201

  Wow! This Shannon Park home is conveniently located just minutes from Brookside Park, Mass Ave, Bottleworks District, Lucas Oil Stadium and Downtown Indianapolis! Featuring 2 bedrooms, 1 updated full bathroom, Spacious Family Room, Formal Dining, and Kitchen with Stainless appliances. Covered front porch. The dining room opens to a wood deck~perfect for relaxing and hosting a cookout! Extra

  Stephanie Evelo Keller Williams Indy Metro NE

  801 N Denny St, Indianapolis, IN 46201
• 

  

  /14

  $199,999

  • 4 Beds
  • 2 Baths

  401 S Randolph St, Indianapolis, IN 46201

  Welcome to 401 S Randolph St, a remodeled 2 bed, 1 bath duplex offering a prime investment opportunity just minutes from the heart of Fountain Square and downtown Indy. Both units have been thoughtfully updated while maintaining classic charm, and are currently occupied by steady, long-term tenants, delivering immediate cash flow from day one. Located in an appreciating neighborhood with

  Kenneth Hall JUST LIV, LLC

  401 S Randolph St, Indianapolis, IN 46201
• 

  

  /5

  $139,900

  • 4 Beds
  • 2 Baths

  1141 Dawson St, Indianapolis, IN 46203

  Property is currently rented but the property is in disrepair and needs many updates. Duplex but could be converted into a single family home. Lots of renovation in the neighborhood which is near Fountain Square. Bring your tools and start making money. The rent prices do not reflect the current rents in the neighborhood. Lots of upside!

  Kip Kistler Doc Real Estate, Inc

  1141 Dawson St, Indianapolis, IN 46203
• 

  

  /16

  $160,000

  • 4 Beds
  • 2 Baths
  • 2,000 Sq Ft

  2157 S Meridian St, Indianapolis, IN 46225

  Check out this awesome opportunity in the vibrant, up and coming Garfield Park area. This home has great space and is ready for your personal touch! The main level is almost complete and features a spacious eat-in kitchen, opening up to a large living room, and two bedrooms with a full bath. Upstairs offers 2 more rooms and full bath, it's a blank canvas, perfect for creating the primary suite of

  Alexandria Heygood Highgarden Real Estate

  2157 S Meridian St, Indianapolis, IN 46225
• 

  

  /15

  $179,900

  • 3 Beds
  • 1 Bath
  • 1,327 Sq Ft

  548 S Vine St, Indianapolis, IN 46241

  Nestled on a large city lot (comprised of 2 separate lots on one parcel .38 acres in total) this move-in ready bungalow has lots to offer. This one level home features 3 bedrooms, 1 full bath and 1327 sq/ft of living space. The Kitchen comes complete with appliances including a brand-new stainless refrigerator and new glass cooktop electric range. The large (23x11) Living Rm is spacious and is

  Tony Ostler RE/MAX Centerstone

  548 S Vine St, Indianapolis, IN 46241
• 

  

  /28

  $172,000

  • 3 Beds
  • 2 Baths
  • 1,500 Sq Ft

  11106 Wismar Dr, Indianapolis, IN 46235

  Calling all flippers and investors-this one's for you! This three-bedroom, two-bathroom split-level home in Warren Woods offers tons of potential. With a two-car garage and a convenient location near shopping, schools, and commuter routes, this property is just waiting for the right buyer to bring out its full charm.

  Robert Salmons Entera Realty

  11106 Wismar Dr, Indianapolis, IN 46235
• 

  

  /28

  $186,000

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

  9449 Maple Way, Indianapolis, IN 46268

  Come see this tastefully updated 2-bedroom condo in quiet development. Vinyl Hardwood floors throughout main, updated lighting throughout, beautiful kitchen with granite countertops, stainless appliances & breakfast bar, wood burning fireplace with stone surround, updated half bath on main, main floor laundry plus washer/dryer stay, large 2 car attached garage, great storage/closet space

  Luke Granholm @properties

  9449 Maple Way, Indianapolis, IN 46268
• 

  

  /18

  $125,000

  • 2 Beds
  • 872 Sq Ft

  324 E Burgess Ave, Indianapolis, IN 46219

  Nestled in the heart of the Irvington Historic District, just steps from the famed Benton House, this charming Queen Anne cottage at 324 South Burgess offers a rare opportunity to own and restore a true architectural gem. Built circa 1890, this gable-front home with shed roof additions to the rear stands as one of the more modest yet authentic representations of Queen Anne architecture in the

  Christina Mcclimon Daniels Real Estate

  324 E Burgess Ave, Indianapolis, IN 46219
• 

  

  /34

  $175,000

  • 2 Beds
  • 2 Baths
  • 1,174 Sq Ft

  6516 Emerald Hill Ct Unit 310, Indianapolis, IN 46237

  Welcome to easy living at Windslow Crossing! This beautifully maintained 2-bedroom, 2-bathroom third-floor condo offers a bright and open layout with a desirable split floorplan-perfect for privacy and functionality. Enjoy everyday living with the open-concept between the kitchen, dining, and living rooms featuring cathedral ceilings and durable solid surface flooring throughout. Natural light

  Nathan Baurley Best Life Realty Group

  6516 Emerald Hill Ct Unit 310, Indianapolis, IN 46237
• 

  /2

  $172,000

  • 3 Beds
  • 1 Bath
  • 1,008 Sq Ft

  657 Birch Ave, Indianapolis, IN 46221

  Large 2 story duplex

  Fabricio Perez eXp Realty, LLC

  657 Birch Ave, Indianapolis, IN 46221
• 

  

  /15

  $135,000

  • 2 Beds
  • 1 Bath
  • 1,925 Sq Ft

  3505 N Layman Ave, Indianapolis, IN 46218

  Newly Updated Ranch Home - 2 Bed, 1 Bath + Finished Basement. This home could be a 3 bedroom with a closet updated in the Great Room. This home is needing some repairs. It also has a fenced-in space behind the Garage for pets. Home is being sold As-Is.

  Kim Rossbrown-Battles KRB Real Estate Professionals

  3505 N Layman Ave, Indianapolis, IN 46218
• 

  

  /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
• 

  

  /4

  $134,999

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

  6700 #5 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 #5 W Ralston Rd, Indianapolis, IN 46221

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