Indianapolis, IN Homes under $200,000

• 

  

  

  /4

  $134,999

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

  6700 #3 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 #3 W Ralston Rd, Indianapolis, IN 46221
• 

  

  

  /4

  $134,999

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

  6700 #8 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 #8 W Ralston Rd, Indianapolis, IN 46221
• 

  

  

  /4

  $134,999

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

  6700 #7 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 #7 W Ralston Rd, Indianapolis, IN 46221
• 

  

  

  /4

  $134,999

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

  6700 #6 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 #6 W Ralston Rd, Indianapolis, IN 46221
• 

  

  

  /29

  $180,500

  • 3 Beds
  • 1 Bath

  307 N Euclid Ave, Indianapolis, IN 46201

  Unique opportunity in the heart of Indy! This spacious home features a 3 bed, 1 bath layout on the main level and a 2 bed, 1 bath unit upstairs-perfect for multi-generational living, house hacking, or investment potential. The main level boasts generous living and dining areas, while the upstairs unit includes its own private entrance, full bath, and kitchen setup. Whether you're looking to live

  Andrew Taylor Real Broker, LLC

  307 N Euclid Ave, Indianapolis, IN 46201
• 

  

  /23

  $160,000

  • 3 Beds
  • 1 Bath
  • 1,361 Sq Ft

  1032 Groff Ave, Indianapolis, IN 46222

  Updated solid home , 2025 roof , siding. Nice usable basement . Great location with easy access to interstate.

  Tatyana Crismore Indiana Homestore, LLC

  1032 Groff Ave, Indianapolis, IN 46222
• 

  

  /40

  $185,400

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

  6525 Emerald Hill Ct Unit 208, Indianapolis, IN 46237

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

  Steven Koleno Beycome Brokerage Realty LLC

  6525 Emerald Hill Ct Unit 208, Indianapolis, IN 46237
• 

  

  /39

  $109,000

  • 2 Beds
  • 2 Baths
  • 1,367 Sq Ft

  5417 Kerns Ln, Indianapolis, IN 46268

  AMAZING, FRESH AND BRIGHT TWO BEDROOM CONDO HOME. Living room/dining room combo, sunroom/den, one-car attached garage, end-unit in popular Robin Run Village, a 55+ community. Primary bedroom suite and large walk-in closet. All appliances stay including washer and dryer. Mature trees and landscaping. Sweet, spacious, fenced patio. Walkable to main building for meals and activities. Beautiful,

  Mark Perrine Green Pocket Realty

  5417 Kerns Ln, Indianapolis, IN 46268
• 

  

  /28

  $149,900

  • 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
• 

  

  /18

  $184,900

  • 3 Beds
  • 1 Bath
  • 900 Sq Ft

  5368 Southeastern Ave, Indianapolis, IN 46203

  No HOA! This cute bungalow is on a large corner lot just minutes from downtown and interstate access. The main level features new laminate flooring, and the basement has considerable potential to be finished, adding living or bedroom space. The large corner lot and a huge enclosed dog pen for your best friends. There is a detached one-car garage and plenty of driveway parking.

  Michael Price RE/MAX Centerstone

  5368 Southeastern Ave, Indianapolis, IN 46203
• 

  

  /20

  $147,000

  • 2 Beds
  • 1 Bath
  • 720 Sq Ft

  555 Leeds Ave, Indianapolis, IN 46203

  Updated and renovated! This delightful 1950s bungalow/shotgun home features 2 bedrooms and 1 bathroom of cozy living space. Set on a spacious lot, there's plenty of potential for expansion or outdoor enjoyment. Ideal as a starter home, it offers a well-designed laundry room for added convenience and efficiency. The home also includes a charming barn for extra storage, a breezeway, and a combined

  Steven Lyday F.C. Tucker Company

  555 Leeds Ave, Indianapolis, IN 46203
• 

  

  /14

  $140,000

  • 2 Beds
  • 2 Baths

  4920 E 34th St, Indianapolis, IN 46218

  Attention Investors! Looking for a cash-flowing occupied duplex?! Here you go! Just had a price improvement made. Current owner bought this as a duplex conversion. Single family rental property has been transformed into two individual one bedroom rental units. Both units are occupied and being managed by a professional property management company. Easy turnkey transition. Positive cash flow.

  Pamela Brown PMI Indianapolis

  4920 E 34th St, Indianapolis, IN 46218
• 

  

  /17

  $110,000

  • 3 Beds
  • 1 Bath
  • 1,114 Sq Ft

  215 S Warman Ave, Indianapolis, IN 46222

  For more information please reach out to the listing agent directly if you are not currently represented by an agent. Great opportunity to own a property in Indianapolis. The property has been updated in terms of cosmetics. The front porch is currently being used as a bedroom. This property is currently renting for 1300 per month. There is plenty of parking in the back. The water heater was

  Barbara Whiteside Keller Williams Indy Metro NE

  215 S Warman Ave, Indianapolis, IN 46222
• 

  

  /28

  $190,000

  • 2 Beds
  • 2 Baths

  3607 N Tacoma Ave, Indianapolis, IN 46218

  Fully rented brick two unit with 1 bedroom on each side. Each unit has 1 bedroom, 1 bath, and a basement area. Separate garage for two cars, fully fenced rear yard, large driveway. Tenants are month to month.

  Stacie Kidwell Sandoval F.C. Tucker Company

  3607 N Tacoma Ave, Indianapolis, IN 46218
• 

  

  /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. SOLD AS-IS.

  Kristin Hollister Highgarden Real Estate

  953 N Oxford St, Indianapolis, IN 46201
• 

  

  /21

  $200,000

  • 5 Beds
  • 2 Baths

  3619 Salem St, Indianapolis, IN 46208

  Triplex opportunity in the heart of downtown Indianapolis! Are you Ready? Fully occupied with cash flow of $2600+/month. Two units have 1 bed/1 bath and another unit has 3 beds and 1.5 bath. The two single units are on main floor. The 3 bedroom unit is upstairs. Onsite parking as well as street parking available. Only minutes away from Butler-Tarkington. Three miles to Marian University. And

  Jason Justak eXp Realty, LLC

  3619 Salem St, Indianapolis, IN 46208
• 

  

  /23

  $160,000

  • 1 Bed
  • 2 Baths
  • 854 Sq Ft

  230 E 9th St Unit 502, Indianapolis, IN 46204

  Check out this unique true one bedroom condo in the landmark Renaissance Tower building! Two studio units were combined to create a spacious retreat. One of the two walk-in closets is large enough to use as a den or an office. Located in the charming St. Joseph neighborhood on the near-north side of Downtown, it would be perfect for easy downtown living or as a rental property investment. Walk or

  Amanda Wade CENTURY 21 Scheetz

  230 E 9th St Unit 502, Indianapolis, IN 46204
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  /2

  $110,000

  • Land
  • 0.08 Acre
  • $1,375,000 per Acre

  1601 E Ohio St, Indianapolis, IN 46201

  Great lot for availability to build your dream home near the downtown area.

  Jeffrey Augustinovicz F.C. Tucker Company

  1601 E Ohio St, Indianapolis, IN 46201
• 

  

  /30

  $150,000

  • 2 Beds
  • 1 Bath
  • 918 Sq Ft

  2501 Reformers Ave, Indianapolis, IN 46203

  Charming Two-Bedroom Ranch Home Near Sarah Shank Golf Course Discover this beautifully renovated two-bedroom, one-bathroom ranch home located just moments away from Sarah Shank Golf Course. This property offers the perfect blend of convenience and comfort, with quick access to I-65, only 10 minutes from downtown Indianapolis, and just a 5-minute drive to the vibrant Fountain Square area.

  Miguel Rodriguez Keller Williams Indy Metro S

  2501 Reformers Ave, Indianapolis, IN 46203
• 

  

  /24

  $145,000

  • 2 Beds
  • 1.5 Baths
  • 1,058 Sq Ft

  8336 Woodall Dr Unit KR, Indianapolis, IN 46268

  Step into this charming, modern, two-story home, where warmth and comfort embrace you at every turn. This inviting two-bedroom condo is move-in ready, offering a fresh, clean space to call your own.Step outside, and you're greeted by a private wood-fenced patio with a gated entrance, ideal for entertaining friends, gathering with neighbors, or simply enjoying a peaceful evening under the

  Janet Browning F.C. Tucker Company

  8336 Woodall Dr Unit KR, Indianapolis, IN 46268
• 

  

  /23

  $169,900

  • 4 Beds
  • 2 Baths
  • 1,944 Sq Ft

  953 N Oakland Ave, Indianapolis, IN 46201

  Charming 2-Unit Home in Downtown Indianapolis - Perfect for House Hacking! Welcome to 953 N Oakland Ave, a fantastic investment opportunity in the heart of Downtown Indianapolis! This single-family home has been converted into 2 units, including a large detached 1-car garage adds extra value, offering ample space for parking and additional storage. Offering incredible flexibility for

  Katherine Joest Epique Inc

  953 N Oakland Ave, Indianapolis, IN 46201
• 

  

  /7

  $110,000

  • Land
  • 0.98 Acre
  • $112,245 per Acre

  9020 E 16th St, Cumberland, IN 46229

  Great opportunity for residential development.

  Abril Villegas F.C. Tucker Company

  9020 E 16th St, Cumberland, IN 46229
• 

  

  /39

  $186,000

  • 2 Beds
  • 1 Bath
  • 672 Sq Ft

  1237 E Pleasant Run Parkway South Dr, Indianapolis, IN 46203

  Welcome to this tidy brick bungalow, perfectly situated along the Pleasant Run Trail and just minutes from the vibrant scenes of Fountain Square and Garfield Park. Step onto the inviting covered front porch and into a well-maintained home where you'll find hardwood floors, fresh paint, and a lovely archway connecting the living room to the kitchen area. The kitchen features newer neutral

  Lesli Gibson Maywright Property Co.

  1237 E Pleasant Run Parkway South Dr, Indianapolis, IN 46203
• 

  

  /13

  $110,000

  • 2 Beds
  • 1 Bath
  • 795 Sq Ft

  3505 N Oxford St, Indianapolis, IN 46218

  Great 2 bedroom 1 bath home, needs update

  Barbara Buffington

  3505 N Oxford St, Indianapolis, IN 46218
• 

  

  /40

  $189,400

  • 4 Beds
  • 2 Baths
  • 2,116 Sq Ft

  5657 E Fall Creek Pkwy Dr N, Indianapolis, IN 46226

  Price reduction just for you! A Perfect Blank Canvas to Bring your designer skillsets, contractors, and make this 1.54 acre multi level 4 BR layout in desired Lawrence TWP, your dream home sanctuary! The partially gutted interior blank canvas throughout 3 levels, allows you to reconfigure your own stunning idea aesthetics. The wrap around upper deck overlooks concrete Basketball Hoop area,

  Teale Rhodes BUY FAITH REALTORS 2 LLC

  5657 E Fall Creek Pkwy Dr N, Indianapolis, IN 46226
• 

  

  /14

  $115,000

  • Land
  • 0.28 Acre
  • $410,714 per Acre

  2717 N Shriver Ave, Indianapolis, IN 46208

  Seize this incredible opportunity to build your dream home in a prime Indianapolis location! This lot is situated in an up-and-coming area with water and sewer already on-site, making the building process even smoother. Enjoy the convenience of being just minutes from shops, restaurants, and entertainment, with easy access to major highways and downtown. Whether you're a builder or future

  Allyson Brooks Mark Dietel Realty, LLC

  2717 N Shriver Ave, Indianapolis, IN 46208
• 

  

  /23

  $175,000

  • 3 Beds
  • 1 Bath
  • 1,872 Sq Ft

  3618 Spann Ave, Indianapolis, IN 46203

  Imagine coming home to this beautifully maintained 3-bedroom home nestled in the heart of Center Township in Indianapolis! With 1,872 square feet of finished living space, including a fully finished basement, this one-level home offers both comfort and versatility. You'll immediately notice the newer paint throughout, giving the space a fresh, updated feel. The home has been lovingly cared for,

  Stacey Brown Keller Williams Indy Metro NE

  3618 Spann Ave, Indianapolis, IN 46203
• 

  

  /13

  $149,999

  • 3 Beds
  • 1 Bath
  • 1,176 Sq Ft

  3420 N Chester Ave, Indianapolis, IN 46218

  Charming 3-bedroom, 1-bathroom home in the sought-after Forest Manor Subdivision. Featuring original hardwood floors throughout, a spacious living room, and a functional kitchen ready for your personal touch. The property includes a garage and a backyard with plenty of potential. Conveniently located near schools, parks, and shopping. A perfect blend of comfort and convenience!

  Jake bonds Bennett Realty

  3420 N Chester Ave, Indianapolis, IN 46218
• 

  

  /24

  $134,000

  • 2 Beds
  • 1 Bath
  • 896 Sq Ft

  1911 Wilcox St, Indianapolis, IN 46222

  Well priced rental or flip investment property available. Close to downtown and near recently revitalized areas. Seller prefers to sell AS-IS.

  Crissi Matthews Key Realty Indiana

  1911 Wilcox St, Indianapolis, IN 46222
• 

  

  /15

  $120,000

  • 3 Beds
  • 2 Baths

  1816 Olive St, Indianapolis, IN 46203

  Duplex! minutes away from everything.. huge potential's with this fixer up/investment property..could be used as a rental property or single-family town houses, sold for twice the price! three bedroom two bath on each side.. seller will consider a land contract contact. agent for details! Please no wholesalers!!

  Stephen Benedict Jade Crown Realty

  1816 Olive St, Indianapolis, IN 46203
• 

  

  /21

  $120,000

  • 3 Beds
  • 1 Bath
  • 840 Sq Ft

  3142 N Euclid Ave, Indianapolis, IN 46218

  Investor alert! Take a look at this 3-bedroom, 1-bath home, which features a spacious kitchen and open living area. The large yard adds to the appeal. Many updates have already been done including a new HVAC. It is located directly across the street from Forest Manor Elementary School. It is fully rented out for $1050 a month until Feb 2026.

  Gloria Gear Keller Williams Indy Metro S

  3142 N Euclid Ave, Indianapolis, IN 46218
• 

  

  /26

  $185,000

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

  9459 Wimbledon Ct, Indianapolis, IN 46250

  Natural Sunlight floods into this home from the oversized Great Room windows. Vaulted Ceilings adds extra volume to the Great Room which also features a real Wood Burning Fireplace. Flexible Upper Level Loft can be used in a variety of ways. The Kitchen includes ample Cabinet space as well as Stainless Steel appliances + a Washer/Dryer. The Primary Retreat is very nice in size and includes a

  Paul Bates F.C. Tucker Company

  9459 Wimbledon Ct, Indianapolis, IN 46250
• 

  

  /28

  $189,000

  • 2 Beds
  • 1 Bath
  • 1,413 Sq Ft

  2702 N Talbott St, Indianapolis, IN 46205

  With new HVAC, new windows and a $5,000 grant from Key Bank, you're playing with house money on this scrupulously updated condo. Equidistant from all the fun and activities found downtown and in Broad Ripple, and just a block from the Red Line, you'll love this condo and its easy access to all parts of the city. With new oven and range and new paint throughout, all you need to do is move in. The

  Chris Varnau F.C. Tucker Company

  2702 N Talbott St, Indianapolis, IN 46205
• 

  

  /23

  $180,000

  • 3 Beds
  • 2 Baths
  • 1,856 Sq Ft

  1921 W Michigan St, Indianapolis, IN 46222

  Welcome to this beautifully updated 3-bedroom, 2-bath home, perfectly situated on a spacious corner lot just minutes from downtown Indianapolis! This home exudes warmth and character, featuring a cozy, defined living room perfect for relaxing or entertaining. The thoughtfully updated kitchen boasts sleek countertops, and ample cabinet space, making meal prep a breeze. Adjacent to the kitchen, a

  Maria Lasher eXp Realty LLC

  1921 W Michigan St, Indianapolis, IN 46222
• 

  

  /10

  $149,900

  • 2 Beds
  • 3 Baths
  • 1,252 Sq Ft

  3701 N Audubon Rd, Indianapolis, IN 46218

  Two Bedroom home in quiet neighborhood. Over-sized garage w/half BA, rear fenced. Close to shopping, bus line and interstate. Home comes with 1 yr home warranty.

  Felman Brown Carpenter, REALTORS®

  3701 N Audubon Rd, Indianapolis, IN 46218
• 

  

  /34

  $200,000

  • 3 Beds
  • 2 Baths
  • 1,431 Sq Ft

  5110 Chelsea Rd, Indianapolis, IN 46241

  This charming 3-bedroom, 2-bathroom ranch home in Wayne Township offers a spacious and private setting, with a long gravel driveway providing ample parking and a detached 2-car garage with additional storage upstairs. The property features a large front yard with a concrete pad and an enclosed front porch, perfect for relaxing. Inside, you'll find a fully updated interior since 2015, including

  Perla Palma Keller Williams Indy Metro S

  5110 Chelsea Rd, Indianapolis, IN 46241
• 

  

  /4

  $130,000

  • 2 Beds
  • 2 Baths
  • 983 Sq Ft

  4291 Village Parkway Cir W Unit 11, Indianapolis, IN 46254

  Come see this 2 bedroom, 2 bath condominium with a open kitchen to the living room. Bedrooms are split for privacy. Large Entry Closet and you also have a laundry closet as you enter the unit. This unit has an assigned parking space. This unit is currently being rented, so could be for investment as well. Many amenities in the community. Pool, exercise room, hot tub, clubhouse and pickle

  Brian Diss Wall and Associates

  4291 Village Parkway Cir W Unit 11, Indianapolis, IN 46254
• 

  

  /9

  $135,000

  • 2 Beds
  • 2 Baths
  • 993 Sq Ft

  4291 Village Parkway Cir W Unit 8, Indianapolis, IN 46254

  Come see this 2 bedroom, 2 bath condominium with a open kitchen to the living room. Bedrooms are split for privacy. Large Entry Closet and you also have a laundry closet as you enter the unit. This unit has an assigned parking space and a garage. This unit is currently being rented, so could be for investment as well. Many amenities in the community. Pool, exercise room, hot tub, clubhouse

  Brian Diss Wall and Associates

  4291 Village Parkway Cir W Unit 8, Indianapolis, IN 46254
• 

  

  /35

  $177,000

  • 2 Beds
  • 2 Baths
  • 1,375 Sq Ft

  6231 Amber Creek Ln Unit 312, Indianapolis, IN 46237

  Seller is offering $2,000 toward either closing costs or rate buy-down points. Additionally, the seller will cover a 1-year home warranty with America's Preferred Home Warranty. Welcome to your new home, where comfort meets convenience, in this stylish upper-level condo offering privacy and peace. With vaulted ceilings and an open-concept design, this 2-bedroom, 2-bath unit features an office

  Natasha Radovich eXp Realty LLC

  6231 Amber Creek Ln Unit 312, Indianapolis, IN 46237
• 

  

  /40

  $173,000

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

  4925 Opal Ridge Ln Unit 309, Indianapolis, IN 46237

  Discover the perfect blend of comfort, convenience, and charm in this beautifully maintained 2-bedroom, 2-bath condo in the desirable Windslow Crossing community! Enjoy a serene, private patio-your personal retreat from the everyday hustle. Inside, you'll find spacious bedrooms with walk-in closets, providing ample storage. Recent updates include a brand-new water heater (2024) and a

  Sarah Klee CENTURY 21 Scheetz

  4925 Opal Ridge Ln Unit 309, Indianapolis, IN 46237

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