Indianapolis, IN Homes under $200,000

• 

  

  

  /29

  $189,000

  • 3 Beds
  • 1 Bath
  • 1,032 Sq Ft

  1701 Nelson Ave, Indianapolis, IN 46203

  Charming, Fully Renovated Ranch in Hollidays Garfield Park! Welcome to 1701 Nelson Ave, Indianapolis, IN 46203, a beautifully updated 3-bedroom, 1-bathroom ranch situated on a spacious corner lot in the desirable Hollidays Garfield Park Subdivision-with no HOA! Step inside and fall in love with the modern yet cozy feel of this home. The brand-new floating plank flooring flows seamlessly

  Megan Lewis Daniels Real Estate

  1701 Nelson Ave, Indianapolis, IN 46203
• 

  

  

  /15

  $180,000

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

  9602 Fall Creek Rd, Castleton, IN 46256

  Create your dream home on this expansive 1.21-acre lot, perfectly situated in a serene setting. Exclusively designated for a single-family residence, this property offers privacy and tranquility while keeping you close to modern conveniences. Key utilities are within easy reach, with Lawrence Utilities providing sewer and water (hookup available across the street), Citizens supplying gas, and AES

  Betty Salgado Salgado Realty Group, LLC

  9602 Fall Creek Rd, Castleton, IN 46256
• 

  

  

  /22

  $139,900

  • 3 Beds
  • 1 Bath
  • 2,228 Sq Ft

  1546 S New Jersey St, Indianapolis, IN 46225

  We have a diamond in the rough here investors. This home in Bates Hendricks sits on a corner lot with smaller back yard. Similar repaired homes are 300K and above, the potential depends on your rehab skills. The home is on a cellar with interior access. The home currently is set up as a 3 bedroom, one bathroom along with kitchen and living areas. Some exterior items like siding and windows

  Kurt Clements Diverse Property Solutions Ind

  1546 S New Jersey St, Indianapolis, IN 46225
• 

  

  /2

  $140,000

  • Land
  • 0.24 Acre
  • $583,333 per Acre

  2631 Central Ave, Indianapolis, IN 46205

  Fantastic opportunity to build your perfect home in a purrrfect location Hard to find any vacant land in Mapleton Fall Creek Area. 1 of the largest lots available in the Fall Creek

  Janis Bradley JB Real Estate Consultants

  2631 Central Ave, Indianapolis, IN 46205
• 

  

  

  /5

  $200,000

  • Land
  • 0.21 Acre
  • $952,381 per Acre

  4622 W Caven St, Indianapolis, IN 46241

  Prime Opportunity: 8 Vacant Lots in Desirable Wayne Township. Nestled in the heart of Wayne Township, this exceptional offering includes 8 vacant lots on a single street, providing an incredible opportunity for developers, builders, or homeowners looking to create their dream properties. These spacious, level lots are ready for development, boasting easy access to local amenities and major

  Nicole Crouch Crossroads Realty, LLC

  4622 W Caven St, Indianapolis, IN 46241
• 

  

  /14

  $110,000

  • 2 Beds
  • 1 Bath
  • 912 Sq Ft

  1405 N Mount St, Indianapolis, IN 46222

  Cute 2BR /1bath bungalow w/full basement. Near IMS and downtown.

  Lydia Harris eXp Realty, LLC

  1405 N Mount St, Indianapolis, IN 46222
• 

  

  /18

  $200,000

  • Land
  • 0.43 Acre
  • $465,116 per Acre

  62 E Troy Ave, Indianapolis, IN 46225

  Prime investment opportunity! This large corner commercial lot near Meridian and Troy offers incredible potential in a high-demand area. Zoned D-5, this lot is ideal for multifamily development, mixed-use projects, or other commercial possibilities. The seller has blueprints for a potential 4-unit building, which can be included with the sale, providing a head start on development. With excellent

  Vince Ferguson Mark Dietel Realty, LLC

  62 E Troy Ave, Indianapolis, IN 46225
• 

  

  /12

  $155,000

  • 3 Beds
  • 1 Bath
  • 864 Sq Ft

  1246 Mcdougal St, Indianapolis, IN 46203

  Great opportunity to add to your portfolio! Currently tenant occupied through the end of 2025. This 3 bed, 1 bath investment property in Indianapolis features a spacious layout and a functional floor plan. Desirable location that has highway access but on a quiet street. Act now to sure your next cash flowing asset. *Please do not disturb tenants. Current lease is $1,200 and the lease

  Kyle Gatesy eXp Realty, LLC

  1246 Mcdougal St, Indianapolis, IN 46203
• 

  

  /24

  $175,000

  • 4 Beds
  • 2 Baths

  218 N Rural St, Indianapolis, IN 46201

  INVESTOR ALERT! Don't miss this income-generating duplex at 218-220 N Rural St, just minutes from downtown Indianapolis! Located in the rapidly appreciating near eastside, this property offers unbeatable access to Gainbridge Fieldhouse, Lucas Oil Stadium, Mass Ave, the Bottleworks District, and major employers-making it a highly desirable rental location. Each unit features 2 bedrooms and 1

  Peter Stewart Keller Williams Indpls Metro N

  218 N Rural St, Indianapolis, IN 46201
• 

  

  /14

  $149,000

  • 3 Beds
  • 1 Bath
  • 936 Sq Ft

  1159 S Bradley Ave, Indianapolis, IN 46203

  This great bungalow is all dressed up and ready for its' next occupant. Sitting pretty on a corner lot that is close to Fountain Square, downtown Indy and more. This three bed one bath has everything new! New flooring, paint, appliances, fixtures, cabinets and more. Huge yard for outdoor entertaining that is loaded with beautiful mature trees. Pack your bags and move right in. Come see it today!

  Jennifer Wilmoth Wilmoth Group

  1159 S Bradley Ave, Indianapolis, IN 46203
• 

  

  /15

  $160,000

  • Land
  • 2.52 Acres
  • $63,492 per Acre

  6625 Riverfront Ave, Indianapolis, IN 46220

  This exceptional waterfront lot offers a prime opportunity to build your dream home with breathtaking views overlooking the serene river. Nestled in a tranquil wooded setting, the property boasts ample space with direct access to the water, making it perfect for those who appreciate nature and outdoor living. Offering 35,454 sq ft of land & 74,435 sq ft of riparian rights. Enjoy panoramic views

  Jodi Gandy Honor Realty LLC

  6625 Riverfront Ave, Indianapolis, IN 46220
• 

  

  /25

  $155,000

  • 4 Beds
  • 1.5 Baths
  • 1,742 Sq Ft

  1211 W 30th St, Indianapolis, IN 46208

  This 4-bedroom, 2-bath home in NW Riverside offers solid updates and strong potential-whether you're a first-time buyer or looking for a smart addition to your rental portfolio. With durable LVP flooring, butcher block countertops, and low-maintenance finishes, the home is move-in ready and functional as-is, while leaving room for future value-add improvements. Located in a growing pocket of NW

  Max Moore @properties

  1211 W 30th St, Indianapolis, IN 46208
• 

  

  /19

  $195,000

  • 3 Beds
  • 1 Bath
  • 1,230 Sq Ft

  821 S Worth Ave, Indianapolis, IN 46241

  Welcome home to this updated property in a convenient Indianapolis location! This charming home features recent upgrades that provide peace of mind and modern comfort, including an updated HVAC system, plumbing, and electrical wiring. The roof is just 5 years old! Inside, you'll find a cozy and functional layout with an updated kitchen where the stove and fridge stay, making your move even

  Karina Marie Central Indiana Property Group

  821 S Worth Ave, Indianapolis, IN 46241
• 

  

  /14

  $110,000

  • 1 Bed
  • 1 Bath

  609 Udell St, Indianapolis, IN 46208

  Duplex with 1 bed, 1 bath, living room and kitchen on each side in the near West side on a block with many renovated houses! Utilities are metered separately. Seller has never occupied nor lived in the property and has limited knowledge of property systems and conditions. Sold AS IS.

  Terry Gerstner F.C. Tucker Company

  609 Udell St, Indianapolis, IN 46208
• 

  

  /30

  $119,900

  • 1 Bed
  • 1 Bath
  • 1,000 Sq Ft

  4000 N Meridian St Unit 14A, Indianapolis, IN 46208

  There is a spectacular view of Indpls from this 14th floor condo in iconic Tarkington Towers. Ideally situated between Downtown Indy and terrific North side neighborhoods of Meridian Kessler/Butler Tarkington and Broad Ripple, this is maintenance free living with endless amenities. The unit needs work but offers a wonderful canvas to create your own personal oasis. The condo also boasts 2 rare

  Matthew O'Brien Indianapolis Brokerage Firm

  4000 N Meridian St Unit 14A, Indianapolis, IN 46208
• 

  

  /13

  $159,900

  • 3 Beds
  • 2 Baths
  • 960 Sq Ft

  1707 N Leland Ave, Indianapolis, IN 46218

  BACK ON MARKET ** Don't miss this great investment opportunity in the Community Heights/Little Flower area. This turnkey property is already tenant-occupied, generating $1,400 per month in rental income-making it a hassle-free addition to your portfolio. The home features 3 bedrooms and 2 bathrooms, with updates including butcher block countertops, durable LVP flooring, and modern lighting. A

  Max Moore @properties

  1707 N Leland Ave, Indianapolis, IN 46218
• 

  

  /27

  $160,000

  • 4 Beds
  • 2 Baths
  • 1,712 Sq Ft

  3655 Yellow Poplar Ct, Indianapolis, IN 46222

  This beautiful 4-bedroom, 2-bathroom home in Wayne Township offers a spacious layout with a bonus room and private balcony. Featuring stone siding, luxury vinyl plank flooring, and high ceilings in both the living room and master suite, this home is designed for comfort and style. The master bedroom includes its own balcony and a private bathroom with a walk-in shower. Recent updates include a

  Perla Palma Keller Williams Indy Metro S

  3655 Yellow Poplar Ct, Indianapolis, IN 46222
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  /24

  $160,000

  • 3 Beds
  • 2 Baths
  • 1,472 Sq Ft

  3652 Yellow Poplar Ct, Indianapolis, IN 46222

  Charming and move-in ready, this 3-bedroom, 2-bathroom home in Wayne Township sits on a desirable corner lot with a peach tree and a freshly painted exterior. Recent updates include a new A/C unit, electrical panel, and water heater in 2024, along with plumbing updated four years ago. The open-concept layout features ceramic flooring throughout, a kitchen with a breakfast bar, ceramic backsplash,

  Perla Palma Keller Williams Indy Metro S

  3652 Yellow Poplar Ct, Indianapolis, IN 46222
• 

  

  /21

  $149,900

  • 4 Beds
  • 2 Baths

  1445 W Lee St, Indianapolis, IN 46221

  Great Investment Opportunity! 2BR, 1 Bath Duplex. With 2-car detached garage. Both sides are tenant occupied. 1445- rent $775/month, lease expires 2/28/2026. 1447 rent $825/month, lease expires 11/30/2025. Sold as-is.

  Karen Kelly Fathom Realty

  1445 W Lee St, Indianapolis, IN 46221
• 

  

  /17

  $184,900

  • 2 Beds
  • 1.5 Baths
  • 979 Sq Ft

  2014 Barth Ave, Indianapolis, IN 46203

  This charming traditional American ranch-style home is a cozy yet functional space, perfect for first-time homebuyers looking for a balance of comfort, style, and investment potential. Situated just an 8-minute drive from the vibrant heart of downtown Indianapolis, this home offers a prime location in a peaceful neighborhood with easy access to all the excitement and amenities of the city.

  Angela Richardson F.C. Tucker Company

  2014 Barth Ave, Indianapolis, IN 46203
• 

  

  /19

  $165,000

  • 2 Beds
  • 1 Bath
  • 1,440 Sq Ft

  3701 N Temple Ave, Indianapolis, IN 46218

  Welcome to this stunningly remodeled 2-bedroom, 1-bathroom home, offering modern updates while maintaining its classic charm. With extra space for a potential third bedroom, this home provides flexibility to suit your needs. The inviting living room features a cozy chimney, perfect for relaxing evenings, while the updated interior showcases stylish finishes, fresh paint, and new flooring

  Ana Patino eXp Realty, LLC

  3701 N Temple Ave, Indianapolis, IN 46218
• 

  

  /30

  $179,900

  • 3 Beds
  • 2 Baths
  • 1,388 Sq Ft

  1974 Ralston Ave, Indianapolis, IN 46218

  Charming 3 bedroom with all the special touches. Don't miss this FANTASTIC OPPORTUNITY to buy this newly constructed home by Martindale Brightwood Development Corporations. This beautiful home may qualify for more than one 1st home down payment assistance. Awesome extra large windows creating an open and bright atmosphere. Hard to find these special touches such as all stainless steel

  Janis Bradley JB Real Estate Consultants

  1974 Ralston Ave, Indianapolis, IN 46218
• 

  

  /9

  $168,900

  • 2 Beds
  • 1 Bath
  • 672 Sq Ft

  1422 E 49th St, Indianapolis, IN 46205

  Tired of feeling priced-out of a neighborhood that you really want to be in? Check out this SoBro charmer with amazing location across from historic Arsenal Park and walking distance to both Monon Trail & the popular College Ave restaurants. Lots of prior updates. Loads of opportunity. Don't forget to check out the fenced-in, spacious backyard. Home is being sold as-is.

  Lincoln Gardner Alpine Realty, LLC

  1422 E 49th St, Indianapolis, IN 46205
• 

  

  /16

  $190,000

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

  924 N Oakland Ave, Indianapolis, IN 46201

  A spectacular 3 bed, 2 full bath new construction townhouse in the popular Rivoli Park neighborhood on Indy's Near-Eastside.Located minutes from Mass Avenue, Bottleworks District, Kan-Kan Cinema & Brasserie, Mayfair Taproom, Tick Tock Lounge, Centerpoint Brewing, 8th Day Distillery, Shin Dig Restaurant, Side Door Bagel, Sam's Square Pie and everything downtown Indy has to offer. 4 of 4 available

  Jay Pearl Elevate 317 Realty LLC

  924 N Oakland Ave, Indianapolis, IN 46201
• 

  

  /16

  $190,000

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

  922 N Oakland Ave, Indianapolis, IN 46201

  A spectacular 3 bed, 2 full bath new construction townhouse in the popular Rivoli Park neighborhood on Indy's Near-Eastside.Located minutes from Mass Avenue, Bottleworks District, Kan-Kan Cinema & Brasserie, Mayfair Taproom, Tick Tock Lounge, Centerpoint Brewing, 8th Day Distillery, Shin Dig Restaurant, Side Door Bagel, Sam's Square Pie and everything downtown Indy has to offer. 3 of 4 available

  Jay Pearl Elevate 317 Realty LLC

  922 N Oakland Ave, Indianapolis, IN 46201
• 

  

  /8

  $139,999

  • Land
  • 0.22 Acre
  • $636,359 per Acre

  3419 N College Ave, Indianapolis, IN 46205

  Attention investors! Don't miss this incredible opportunity at 3419 North College Avenue. This prime lot comes with approved plans for a triplex, allowing each unit to be up to 2,400 sqft. Perfect for your next project!

  Adriana Perez Compass Indiana, LLC

  3419 N College Ave, Indianapolis, IN 46205
• 

  

  /20

  $105,000

  • 3 Beds
  • 1 Bath
  • 1,072 Sq Ft

  3426 W Michigan St, Indianapolis, IN 46222

  Discover an incredible investment opportunity in the vibrant Westside of Indianapolis! This spacious 3-bedroom, 1-bathroom home encompasses 1,072 square feet of livable space. High ceilings impart a sense of openness, while the formal dining room invites cherished gatherings. A lovely bay window enhances the ambiance, allowing sunlight to fill the home and a built-in storage solution keeps

  Kathryn Teltow Highgarden Real Estate

  3426 W Michigan St, Indianapolis, IN 46222
• 

  

  /19

  $199,900

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

  6526 Jade Stream Ct Unit 309, Indianapolis, IN 46237

  Beautiful 3 bedroom 2 full baths condominium with 1 car garage and storage. Amazing cathedral ceilings throughout. Wood laminate flooring. Split bedroom floorplan with awesome master bedroom with 2 huge walk in closets. Separate vanity from toilet. Kitchen connects with great room and dining, open concept. Kitchen has beautiful granite and bar, with double door pantry and all new stainless

  Marilyn Farley RE/MAX Advanced Realty

  6526 Jade Stream Ct Unit 309, Indianapolis, IN 46237
• 

  

  /16

  $190,000

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

  857 N Oakland Ave, Indianapolis, IN 46201

  A spectacular 3 bed, 2 full bath new construction townhouse in the popular Rivoli Park neighborhood on Indy's Near-Eastside.Located minutes from Mass Avenue, Bottleworks District, Kan-Kan Cinema & Brasserie, Mayfair Taproom, Tick Tock Lounge, Centerpoint Brewing, 8th Day Distillery, Shin Dig Restaurant, Side Door Bagel, Sam's Square Pie and everything downtown Indy has to offer. 1 of 4 available

  Jay Pearl Elevate 317 Realty LLC

  857 N Oakland Ave, Indianapolis, IN 46201
• 

  

  /24

  $189,400

  • 4 Beds
  • 2 Baths

  1829 N Rural St, Indianapolis, IN 46218

  Come check out this great investment opportunity in a growing and vibrant community. This duplex features two units, each offering 2 bedrooms and 1 bathroom, with a tenant already in place on a month-to-month lease. This gives you the flexibility to continue cash flowing immediately or bring in your own tenants. This property is perfect for investors looking to expand their portfolio, or for

  LaKisha Lately F.C. Tucker Company

  1829 N Rural St, Indianapolis, IN 46218
• 

  

  /5

  $149,995

  • Land
  • 0.11 Acre
  • $1,363,591 per Acre

  1219 E Market St, Indianapolis, IN 46202

  Beautiful, buildable, divisible residential lot in the super-hot Holy Cross neighborhood, 12 blocks from downtown Circle. Lot can be used for multi-family development, up to 8 units. Water, sewer and gas lines on Market St.

  Derek Eisenberg Continental Real Estate Group

  1219 E Market St, Indianapolis, IN 46202
• 

  

  /30

  $149,900

  • 4 Beds
  • 2 Baths
  • 1,512 Sq Ft

  952 N Concord St, Indianapolis, IN 46222

  Nestled on Indy's west side, this 4-bedroom, 2-bath home offers both convenience and charm, with quick access to downtown, local dining, parks, and more. The inviting covered front porch sets the tone for relaxation-perfect for sipping coffee in the morning or unwinding in the evening. Inside, you'll find stylish updates throughout, from modern flooring and fresh paint to beautifully refreshed

  Jim Gilday eXp Realty, LLC

  952 N Concord St, Indianapolis, IN 46222
• 

  

  /17

  $159,950

  • 2 Beds
  • 1 Bath
  • 768 Sq Ft

  1323 S Ewing St, Indianapolis, IN 46203

  This beautifully remodeled 2-bedroom, 1-bath home is packed with brand-new updates, making it completely move-in ready! Enjoy peace of mind with a new roof, new AC, new tankless water heater, new garage door, and new garage siding. Inside, the home features new vinyl plank flooring, fresh paint, and stylish finishes throughout. The modern kitchen boasts new stainless steel appliances

  Tufail Ali Khatri Keller Williams Indy Metro NE

  1323 S Ewing St, Indianapolis, IN 46203
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  /37

  $138,000

  • 2 Beds
  • 1 Bath
  • 1,492 Sq Ft

  2401 N Olney St, Indianapolis, IN 46218

  This two-story home presents a fantastic opportunity for investors or those buyers looking for affordable housing with a spacious floor plan and BIG yard! It offers solid bones and plenty of space to make it your own. The main level features hardwood floors flowing through the kitchen, living room, and dining area. Upstairs, you'll find two bedrooms, both with double closets (WOW!), and a full

  Laura Waters Highgarden Real Estate

  2401 N Olney St, Indianapolis, IN 46218
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  /26

  $175,000

  • 2 Beds
  • 1 Bath
  • 890 Sq Ft

  55 E Regent St, Indianapolis, IN 46225

  This homey 2-bedroom, 1-bathroom property is located in a quiet neighborhood just minutes from downtown. The home has been fully renovated, featuring fresh paint, new cabinets, appliances, and additional kitchen storage, including a dishwasher and vent hood microwave. New flooring and extra lighting brighten the interior. The front steps have been reinforced, and weather-resistant paint has been

  Eli Skinner Key Realty Indiana

  55 E Regent St, Indianapolis, IN 46225
• 

  

  /16

  $152,900

  • 2 Beds
  • 2 Baths
  • 2,800 Sq Ft

  120 Wisconsin St, Indianapolis, IN 46225

  Welcome to this unique, partially finished gem just minutes away from the vibrant heart of downtown Indianapolis! This property offers endless potential, perfect for buyers looking to put their personal touch on a home while enjoying the convenience of city living. The open-concept living and dining space is framed and ready for your finishing choices. The unfinished basement provides additional

  Cathy O'Banion United Real Estate Indpls

  120 Wisconsin St, Indianapolis, IN 46225
• 

  

  /24

  $174,900

  • 2 Beds
  • 1 Bath
  • 1,821 Sq Ft

  744 Wallace Ave, Indianapolis, IN 46201

  Emerson Heights bungalow with 2 bedrooms on main floor, 40x09 upstairs loft plus a finished room on the lower level. New Flooring, Roof & HVAC. Fenced backyard and off-street parking.

  Kelly Wood RE/MAX At The Crossing

  744 Wallace Ave, Indianapolis, IN 46201
• 

  

  /31

  $200,000

  • 4 Beds
  • 2.5 Baths
  • 1,760 Sq Ft

  59 E Troy Ave, Indianapolis, IN 46225

  Motivated Seller - Drastically Reduced! Spacious 3 bed, 1.5 bath home featuring new vinyl plank flooring, fresh paint, and a large fenced-in yard. Includes a separate 1 bed apartment with new flooring and paint. Enjoy a generous wrap-around driveway. Prime location near downtown, highways, and shopping. Don't miss this opportunity!

  Tia Evans Scott Estates

  59 E Troy Ave, Indianapolis, IN 46225
• 

  

  /19

  $174,900

  • 3 Beds
  • 2.5 Baths
  • 1,371 Sq Ft

  1310 N Lasalle St, Indianapolis, IN 46201

  Completely updated charming home nestled within 10 minutes from downtown! 9 foot ceiling on main level with new drywall! All new floor throughout the house, kitchen countertops, kitchen cabinets, stainless steel appliances, all new light fixtures, new shower added at primary bedroom, new bath tub in the hallway, new sinks all 3 bath rooms, new HVAC, new roof. Huge driveway at the back. Covered

  Sui Sung CrossRoads Link Realty

  1310 N Lasalle St, Indianapolis, IN 46201
• 

  

  /27

  $192,000

  • 2 Beds
  • 1.5 Baths
  • 968 Sq Ft

  1206 Dawson St, Indianapolis, IN 46203

  Investors welcome! Income producing tenant in place. Prepare to be captivated by this truly unique and stunning home nestled in the heart of vibrant Fountain Square! This residence is far more than just a house; it's a showcase of thoughtful design and one-of-a-kind features that will make you fall in love at first sight. Distinctive Details: From the striking sliding barn doors in the bathrooms

  Kathy Zamora Zamora Homes LLC

  1206 Dawson St, Indianapolis, IN 46203

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