Indianapolis, IN Homes for Sale under $200,000

• 

  

  

  /20

  $119,900

  $5K PRICE DROP

  • 2 Beds
  • 1 Bath
  • 1,080 Sq Ft

  1621 Oliver Ave, Indianapolis, IN 46221

  $119,900 - Updated 2BR Home Near Downtown Indianapolis Recently updated 2-bedroom, 1-bath single-family home located just minutes from downtown Indianapolis with quick access to I-70, major employers, shopping, and dining. The home has a flexible multi-level design and layout with one bedroom on the main level and another upstairs, providing options for a home office, guest room, roommate

  Steven Koleno Beycome Brokerage Realty LLC

  1621 Oliver Ave, Indianapolis, IN 46221
• 

  

  

  /33

  $194,900

  • 4 Beds
  • 2 Baths
  • 1,362 Sq Ft

  11311 Cuyahoga Dr, Indianapolis, IN 46235

  Welcome to 11311 Cuyahoga Dr, Indianapolis, IN 46235! This single-story ranch home features 4 bedrooms, 2 full bathrooms, and 1,362 sq ft of living space, situated on an 0.11 acre lot in The Parks at Winding Ridge. Built in 2010, this home offers an efficient single-level layout featuring an open floor plan with a bright living area, a functional kitchen with a breakfast bar, and a primary

  Samuel Nieves-Montanez Trelora Realty

  11311 Cuyahoga Dr, Indianapolis, IN 46235
• 

  

  

  /26

  $175,000

  • 4 Beds
  • 1.5 Baths
  • 1,752 Sq Ft

  758 Wallace Ave, Indianapolis, IN 46201

  This 4-bedroom, 2-bath home offers over 2200 feet of comfortable living space and brings in $1050 per month in rental income. The layout is spacious and functional, appealing to long-term tenants. Situated on the eat side of Indianapolis, it's close to school, parks, and major roads. A dependable investment with consistent cashflow.

  Thomas Colvin eXp Realty, LLC

  758 Wallace Ave, Indianapolis, IN 46201
• 

  

  

  /20

  $134,900

  • 2 Beds
  • 1 Bath
  • 1,542 Sq Ft

  4109 Byram Ave, Indianapolis, IN 46208

  Discover a captivating lifestyle at 4109 Byram AVE, a charming 1920 single-family residence in INDIANAPOLIS, IN, USA. This 1542 square foot home, set on a generous 5009 square foot lot, offers a unique blend of classic appeal and comfortable living across its 1.5 stories, providing an ideal foundation for your personal vision. This inviting residence features two well-proportioned bedrooms, each

  Daniel Witte Witte Realty Group LLC

  4109 Byram Ave, Indianapolis, IN 46208
• 

  

  

  /18

  $178,500

  $31K PRICE DROP

  • 2 Beds
  • 2 Baths
  • 868 Sq Ft

  17 E Caven St, Indianapolis, IN 46225

  Welcome home to this beautifully renovated 2-bedroom, 2-bathroom gem in Indianapolis' historic Old Southside neighborhood. Thoughtfully remodeled from top to bottom, this move-in ready home offers the perfect blend of modern style and urban convenience with easy access to downtown Indianapolis. Step inside to discover an expansive open-concept living, dining, and kitchen area designed for both

  RJ LaChance Tyler Knows Real Estate LLC

  17 E Caven St, Indianapolis, IN 46225
• 

  /2

  $39,900

  $9K PRICE DROP

  • Land
  • 5,227 Sq Ft
  • $332,500 per Acre

  1417 S Meridian St, Indianapolis, IN 46225

  Prime opportunity on S Meridian! This vacant lot offers rare residential buildability in a centrally located C-3 zone. Perfect for anyone looking to build near downtown with quick access to Fountain Square, Bates-Hendricks, UIndy, Lucas Oil, and major corridors. Whether you're an investor, builder, or future homeowner, this lot provides excellent flexibility with both residential and commercial

  Nicole Crouch Crossroads Realty, LLC

  1417 S Meridian St, Indianapolis, IN 46225
• 

  

  /12

  $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
• 

  

  /18

  $89,900

  $35K PRICE DROP

  • 2 Beds
  • 1 Bath
  • 676 Sq Ft

  202 N Forest Ave, Indianapolis, IN 46201

  Move-in Ready Starter Home or Turn-Key Rental Investment - Just Minutes from Downtown Indianapolis! Step into this charming, fully functional bungalow perfectly situated just minutes from the heart of Downtown Indianapolis. This well-maintained 2-bedroom, 1-bath home (676 sq ft, built 1940) offers classic appeal with practical updates, making it an ideal starter home for first-time buyers or a

  Craig DeBoor Real Broker, LLC

  202 N Forest Ave, Indianapolis, IN 46201
• 

  

  /22

  $158,900

  • 2 Beds
  • 1 Bath
  • 1,032 Sq Ft

  317 N Belleview Place, Indianapolis, IN 46222

  Exceptionally well-maintained investment property on the near west side of Indianapolis, offered at $159,000. This 2-bedroom, 1-bathroom single-family home offers approximately 1,032 square feet on a crawl space with a small basement housing the mechanicals. Condition is the standout: flooring approximately one year old, roof two to four years, water heater two years, plumbing and electrical

  Max Moore @properties

  317 N Belleview Place, Indianapolis, IN 46222
• 

  

  /25

  $139,900

  $9K PRICE DROP

  • 2 Beds
  • 1 Bath
  • 1,411 Sq Ft

  207 S Grant Ave, Indianapolis, IN 46201

  Welcome to 207 S Grant Ave, a charming single-family residence offering an excellent opportunity for both owner-occupants and investors alike. This one-story home features approximately 850 square feet of main-level living space in an established eastside Indianapolis neighborhood. The convenient single-level layout provides comfortable everyday living with easy accessibility and efficient use of

  Lee Phillabaum F.C. Tucker Company

  207 S Grant Ave, Indianapolis, IN 46201
• 

  

  /15

  $169,900

  • 2 Beds
  • 1 Bath
  • 1,590 Sq Ft

  2514 Highland Place, Indianapolis, IN 46208

  Beautiful 1920 restoration, this Bungalow features two bedrooms, one bath, complete renovation. New Deck on rear, Roof, flooring, appliances, HVAC, electrical, and so much more. Enjoy the enclosed front porch all year round. Schedule your tour today. This home also comes with a peace of mind through the Home Choice Home Warranty provided in the sale of this beautiful, updated home.

  Andre Davis-Smith eXp Realty, LLC

  2514 Highland Place, Indianapolis, IN 46208
• 

  

  /32

  $170,000

  $30K PRICE DROP

  • 1,444 Sq Ft

  1730 Wishmeyer Ln, Indianapolis, IN 46239

  Marco Vasquez CAVA Realty Group

  1730 Wishmeyer Ln, Indianapolis, IN 46239
• 

  

  /21

  $193,000

  $2K PRICE DROP

  • 3 Beds
  • 1 Bath
  • 892 Sq Ft

  3314 Eastbrooke Ct, Indianapolis, IN 46235

  Tucked away in a quiet cul-de-sac, this beautifully updated ranch offers modern style with classic comfort. Inside you'll find an open concept floor plan featuring a sleek kitchen with stainless steel appliances and a large island for entertaining. This 3-bedroom home includes an attached garage, and large fenced in back yard with plenty of privacy. This is a fantastic option for first-time home

  James Krause @properties

  3314 Eastbrooke Ct, Indianapolis, IN 46235
• 

  

  /5

  $124,900

  $5K PRICE DROP

  • 3 Beds
  • 1 Bath
  • 1,104 Sq Ft

  1145 Madeira St, Indianapolis, IN 46203

  Excellent opportunity to add a cash-flowing investment property to your portfolio! This 3-bedroom, 1-bathroom home is tenant-occupied with a long-term lease in place at $1,250 per month through January 31, 2027, providing immediate rental income from day one. The current tenants have been reliable, pay rent consistently, and have been low-maintenance residents, making this a truly turnkey

  Ashley Marino Berkshire Hathaway HomeServices

  1145 Madeira St, Indianapolis, IN 46203
• 

  

  /10

  $75,000

  • 2 Beds
  • 1.5 Baths
  • 1,236 Sq Ft

  215 S Harris Ave, Indianapolis, IN 46222

  ATTENTION INVESTORS! This property is being sold AS-IS, giving you the chance to add value and make it your own. Whether you're looking for your next fix-and-flip or a rental investment, there's plenty of room to create equity and maximize your return. Priced to sell.

  Morgan Thompson Berkley & State, LLC

  215 S Harris Ave, Indianapolis, IN 46222
• 

  

  /15

  $184,900

  • 4 Beds
  • 2 Baths

  402 N Parker Ave, Indianapolis, IN 46201

  Two-story brick duplex producing $2,450 per month in gross rents, offered at $184,900, with both unit rents documented by executed leases. Each of the two units features two bedrooms and one bathroom with both bedrooms located on the second floor. Tenants have been in place several years and pay their own utilities. System ages include roof at approximately fourteen to fifteen years, furnace and

  Max Moore @properties

  402 N Parker Ave, Indianapolis, IN 46201
• 

  

  /20

  $114,900

  $10K PRICE DROP

  • 2 Beds
  • 1 Bath
  • 720 Sq Ft

  312 S Fenton Ave, Indianapolis, IN 46219

  Classic single-story bungalow architecture pairs with a massive exterior footprint in Warren Township. Spanning 720 square feet of optimized main-level living space, the interior layout features a functional two-bedroom blueprint centered around a full bathroom. The floor plan includes a bright eat-in kitchen configuration with dedicated cooking and dining areas, forced-air climate systems, and

  Samuel Nieves-Montanez Trelora Realty

  312 S Fenton Ave, Indianapolis, IN 46219
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  /2

  $20,000

  $10K PRICE DROP

  • Land
  • 7,405 Sq Ft
  • $117,647 per Acre

  2946 N Denny St, Indianapolis, IN 46218

  38 X 190 lot for sale.

  Mark Nottingham @properties

  2946 N Denny St, Indianapolis, IN 46218
• 

  

  /24

  $114,999

  $10K PRICE DROP

  • 1 Bed
  • 1 Bath
  • 552 Sq Ft

  1867 Orleans St, Indianapolis, IN 46203

  This Bates Hendricks cutie has been refreshed to make it a PERFECT starter home, turnkey rental or lucrative & easy Airbnb. You'll enjoy the benefits of a late model roof & siding, several new windows, all new appliances & efficient HVAC system + fresh flooring/paint & more, in a super cozy cottage that does not get any more cost-efficient than this. The yard is fully fenced for privacy & pet

  Jennifer Blandford Carpenter, REALTORS®

  1867 Orleans St, Indianapolis, IN 46203
• 

  

  /14

  $122,500

  $8K PRICE DROP

  • 3 Beds
  • 1.5 Baths
  • 1,987 Sq Ft

  1518 N Ewing St, Indianapolis, IN 46201

  This spacious 3-bedroom, 1.5-bath home offers 1,987 sq ft of comfortable living space. The kitchen was updated in 2022 with a fresh, modern look. Renovated flooring and bathrooms add style and convenience throughout the home. With generous space and recent improvements, it's ready for your personal touches or investment goals. Property sold AS-IS

  Keri Hir Keri Hir

  1518 N Ewing St, Indianapolis, IN 46201
• 

  

  /13

  $115,000

  $10K PRICE DROP

  • 2 Beds
  • 1 Bath
  • 725 Sq Ft

  3337 W 22nd St, Indianapolis, IN 46222

  Opportunity awaits! This 2-bedroom, 1-bath home offers a functional layout featuring a spacious living room, kitchen, main-level bedrooms, and a finished attic space that provides additional flexibility for a variety of uses. The home also includes a covered front porch and a large backyard. Whether you're looking for your next home or an investment property, this residence offers the chance to

  Ronneal Williams RLW Realty & Associates, LLC

  3337 W 22nd St, Indianapolis, IN 46222
• 

  

  /18

  $165,000

  $20K PRICE DROP

  • 4 Beds
  • 2 Baths
  • 1,255 Sq Ft

  1322 E Naomi St, Indianapolis, IN 46203

  Welcome to 1322 E Naomi St - a well-maintained single-story home built in 2002 and move-in ready. This 4-bedroom, 2-bath home offers 1,255 sq ft of comfortable living space with a functional layout. The kitchen features a peninsula and bar seating, perfect for everyday living and entertaining. Enjoy outdoor living with a front porch and additional storage with a backyard shed. A great opportunity

  Thuriya Sai Carpenter, REALTORS®

  1322 E Naomi St, Indianapolis, IN 46203
• 

  

  /15

  $155,000

  • Land
  • 4,356 Sq Ft
  • $1,550,000 per Acre

  1824 Ruckle St, Indianapolis, IN 46202

  Kennedy King Buildable Lot - Prime Downtown Opportunity Build your dream home in the heart of the sought-after Kennedy King neighborhood. This buildable lot is ideally situated between two updated and newer-construction homes, offering an excellent setting for your custom residence. Enjoy a vibrant urban lifestyle just minutes from MLK Park, the Landmark for Peace Memorial and Trails, Kroger, the

  Crystal White Compass Indiana, LLC

  1824 Ruckle St, Indianapolis, IN 46202
• 

  

  /33

  $189,900

  • 3 Beds
  • 1 Bath
  • 1,527 Sq Ft

  3601 Arthington Blvd, Indianapolis, IN 46218

  Welcome to 3601 Arthington Boulevard, where timeless construction, generous space, and outstanding value come together in the heart of Forest Manor. Offering 1,528 square feet of living space on an expansive 13,000+ square foot corner lot, this all-brick home provides room to enjoy today and opportunities to make it your own for years to come. Inside, you'll find original hardwood floors that add

  Karr Hill Real Results, Inc.

  3601 Arthington Blvd, Indianapolis, IN 46218
• 

  

  /22

  $198,000

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

  3554 N Illinois St, Indianapolis, IN 46208

  Completely refreshed and move-in ready, this charming Indianapolis home offers the perfect blend of character, comfort, and value. From the moment you arrive, you'll appreciate the extensive updates, including a new roof, new HVAC system, new windows, fresh paint, and stylish new flooring throughout-providing peace of mind for years to come. Inside, you'll find two spacious bedrooms and two full

  Sonia Khan F.C. Tucker Company

  3554 N Illinois St, Indianapolis, IN 46208
• 

  

  /14

  $110,000

  $29K PRICE DROP

  • 3 Beds
  • 1.5 Baths
  • 1,464 Sq Ft

  3757 Caroline Ave, Indianapolis, IN 46218

  A vacant 3-bed/1.5-bath single-family with a detached garage sitting in one of Indianapolis's most connected corridors - easy access to Downtown, Broad Ripple, and the Fairgrounds all within minutes. Move-in ready for a tenant, this is a clean value-add opportunity at $139,900 with no waiting and no red tape.

  Max Moore @properties

  3757 Caroline Ave, Indianapolis, IN 46218
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  /26

  $149,900

  • 2 Beds
  • 1 Bath
  • 864 Sq Ft

  1835 N Harding St, Indianapolis, IN 46202

  Welcome to 1835 N Harding Street, where historic character meets exciting opportunity in one of Indianapolis' rapidly growing areas. Located just minutes from the thriving AMP at 16 Tech District, downtown Indianapolis, major hospitals, dining, entertainment, and redevelopment, this move-in-ready home is perfect for first-time buyers, downsizers, or investors looking to add to their portfolio.

  Alexis Ruggiero F.C. Tucker Company

  1835 N Harding St, Indianapolis, IN 46202
• 

  

  /27

  $126,580

  $17K PRICE INCREASE

  • 4 Beds
  • 1 Bath
  • 2,262 Sq Ft

  1621 Union St, Indianapolis, IN 46225

  Four bedrooms plus bonus room ready for your decorator's touch. Near Bates-Hendricks and convenient access to highways and downtown. Fenced rear yard, covered porch and rear patio. New water heater, furnace 2yrs, updated electrical.

  Ken Nissley Kenter Real Estate, LLC

  1621 Union St, Indianapolis, IN 46225
• 

  

  /37

  $189,000

  • 4 Beds
  • 2 Baths
  • 1,376 Sq Ft

  2849 Brookside Ave, Indianapolis, IN 46218

  Welcome to 2849 Brookside Ave right by Brookside Park. This 4 bedroom 2 full bath home is ready for it's new owner. This home has newer flooring and fresh paint throughout. This cute bungalow sits up high on the hill and is so close to Mass Ave where you can enjoy restaurants, shopping, breweries and live music.

  Kara DeArman F.C. Tucker Company

  2849 Brookside Ave, Indianapolis, IN 46218
• 

  

  /4

  $50,000

  • Land
  • 3,049 Sq Ft
  • $714,286 per Acre

  804 N Beville Ave, Indianapolis, IN 46201

  Situated in the heart of the rapidly appreciating St. Clair Place neighborhood, 804 N Beville Ave presents a premier investment opportunity for a custom urban build or a strategic addition to your portfolio. This level, cleared infill lot is perfectly positioned on Indianapolis's vibrant Near Eastside, offering immediate proximity to the Bottleworks District, Mass Ave, and local staples like

  Mina Kadhum Trueblood Real Estate

  804 N Beville Ave, Indianapolis, IN 46201
• 

  

  /12

  $139,000

  • 4 Beds
  • 1.5 Baths
  • 1,016 Sq Ft

  3152 N Temple Ave, Indianapolis, IN 46218

  Come see this former Habitat for Humanity Eastside home with 4 bedrooms and 1.5 baths, that has a large side and back yards for entertaining friends and family. The property has its own driveway to park as well as a storage barn in the backyard, to keep ones green thumb supplies or use it for storage. The property is located 2 blocks away from 1 of the city's largest parks (Washington Park),

  Aaron Schlesinger Finney Group Realty LLC

  3152 N Temple Ave, Indianapolis, IN 46218
• 

  

  /3

  $87,000

  • Land
  • 27,442 Sq Ft
  • $138,095 per Acre

  8224 Frye Rd, Indianapolis, IN 46259

  Nice Building Lot in Franklin Township. NO HOMEOWNERS ASSOCIATION. Bring Your Own Builder or Timberwood Custom Homes Wil Build For You. Great Franklin Township Schools, Close to Luthern and Roncalli Schools, New Private Well on Site.

  Larry Walker Timberwood, Inc.

  8224 Frye Rd, Indianapolis, IN 46259
• 

  

  /10

  $159,900

  $16K PRICE DROP

  • 3 Beds
  • 1 Bath
  • 1,208 Sq Ft

  1236 Blaine Ave, Indianapolis, IN 46221

  Cute bungalow on a quiet street convenient to all Indianapolis has to offer. The home includes a spacious living room, 3 nice sized bedrooms, an eat-in kitchen and a laundry room. The fenced backyard and 2 car detached garage complete this great home!

  Brett Walker The Wyman Group

  1236 Blaine Ave, Indianapolis, IN 46221
• 

  /2

  $39,000

  • Land
  • 5,662 Sq Ft
  • $300,000 per Acre

  2814 Draper St, Indianapolis, IN 46203

  Prime opportunity in the heart of Indianapolis! This residential lot offers an excellent opportunity for builders, investors, or buyers looking to construct a custom home in an established neighborhood. Conveniently located near downtown Indianapolis, Fountain Square, and major highways, this property provides easy access to dining, shopping, schools, and employment centers. The lot offers great

  Juan Cassella F.C. Tucker Company

  2814 Draper St, Indianapolis, IN 46203
• 

  

  /14

  $127,500

  $8K PRICE DROP

  • 2 Beds
  • 1.5 Baths
  • 968 Sq Ft

  3101 Collier St, Indianapolis, IN 46241

  Updated 2-bedroom, 1.5-bath ranch-style home offering 968 sq. ft. of comfortable living space in a convenient location near Kentucky Ave. Enjoy quick access to downtown Indianapolis and major interstates, making commuting a breeze. This home features fresh interior paint and new flooring throughout, creating a modern, clean feel. The updated kitchen provides functionality, while the spacious

  Pat Watkins Mike Watkins Real Estate Group

  3101 Collier St, Indianapolis, IN 46241
• 

  

  /24

  $110,000

  • 1 Bed
  • 1 Bath
  • 720 Sq Ft

  3915 E 12th St, Indianapolis, IN 46201

  Discover the charm of 3915 E 12th ST, INDIANAPOLIS, IN, USA - a 720 square foot single-family residence that is ready for you to move in. This inviting home offers a lifestyle of comfort and ease, perfect for those seeking a streamlined living experience. The single bedroom provides a peaceful retreat, designed for relaxation and personal space. Updated kitchen, with appliances and an updated

  Dawn McClara F.C. Tucker Company

  3915 E 12th St, Indianapolis, IN 46201
• 

  

  /14

  $174,995

  $25K PRICE DROP

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

  4933 Opal Ridge Ln Unit 208, Indianapolis, IN 46237

  Get ready to fall in love with 4933 Opal Ridge Lane LN Unit 208, a delightful 1124 square foot condominium in INDIANAPOLIS, IN, built in 2004, that's just itching for you to call it home! This inviting, ready-to-move-in pad is where comfort meets convenience with a playful wink. With two cozy bedrooms, you'll have plenty of space for sweet dreams or perhaps a super cool home office where your

  Ramandeep Kumar Midland Realty Group, Inc.

  4933 Opal Ridge Ln Unit 208, Indianapolis, IN 46237
• 

  

  /26

  $119,900

  • 3 Beds
  • 1 Bath
  • 1,164 Sq Ft

  2530 E Kelly St, Indianapolis, IN 46203

  Welcome home to this charming three-bedroom, one-bath home nestled on a quiet street just minutes from downtown Indianapolis and Sarah Shank Golf Course. Step inside to a spacious living room that welcomes you in and leads into a kitchen with an open connection to the dining area-an easy layout for everyday living and gathering. Three comfortably sized bedrooms offer plenty of flexibility, while

  Natasha Harvel Highgarden Real Estate

  2530 E Kelly St, Indianapolis, IN 46203
• 

  

  /3

  $43,000

  • Land
  • 4,791 Sq Ft
  • $390,909 per Acre

  2115 E Michigan St, Indianapolis, IN 46201

  In the center of development of downtown Indianapolis, this lot has already had much of the cleaning complete. APN: 491006101002000101 4,791.6 sqft Lot Size Mixed Use One District Zoning 33 x 145 ft

  Luke Granholm @properties

  2115 E Michigan St, Indianapolis, IN 46201
• 

  

  /20

  $124,900

  $5K PRICE DROP

  • 1 Bed
  • 1 Bath
  • 1,045 Sq Ft

  3016 Lake Shore Dr Unit E, Indianapolis, IN 46205

  Wake up to peaceful water views and unwind each evening surrounded by nature in this charming 1-bedroom, 1-bathroom home overlooking the lake. With breathtaking scenery right outside your window, this home offers a rare blend of tranquility and everyday convenience. Inside, you'll find beautiful hardwood floors and generously sized rooms that create a warm, inviting atmosphere-perfect for hosting

  Gino Liongson LLM Capital

  3016 Lake Shore Dr Unit E, Indianapolis, IN 46205

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