Indianapolis, IN Homes under $200,000

• 

  

  

  /26

  $180,000

  • 3 Beds
  • 1 Bath
  • 1,875 Sq Ft

  2442 N Franklin Rd, Indianapolis, IN 46219

  This beautifully one-level ranch is located in a great neighborhood location and proximity to everything one needs!It features 3 bedrooms, 1 bath, and an open kitchen.The home has been fully updated with new flooring, fresh paint inside and out, and new appliances.Enjoy your fireplace accompanied by an entertainment niche.This home is move-in ready and waiting for its new owners to enjoy all the

  Chan Hnin Keller Williams Indy Metro S

  2442 N Franklin Rd, Indianapolis, IN 46219
• 

  

  

  /15

  $189,900

  • 2 Beds
  • 2 Baths
  • 1,046 Sq Ft

  4112 Eagle Cove Dr E, Indianapolis, IN 46254

  Meticulously maintained 1 Level Condo featuring 2 BR 2Full BA w/ a Covered Patio for entertainment and relaxation, overlooking a Fantastic pond! 2 Car Gar. Open Concept; Great Room w/ Cathedral Ceilings and Wood Burning FirePlace. Prev Owner made several updates incl packaged Kitchen w/ Stainless Steel Appliances, New Counters, hardwood Laminate Flooring. Master suite features Double Sinks.

  Malvin Nyoni F.C. Tucker Company

  4112 Eagle Cove Dr E, Indianapolis, IN 46254
• 

  

  

  /28

  $185,000

  • 3 Beds
  • 1 Bath
  • 1,421 Sq Ft

  8902 Carla Dr, Indianapolis, IN 46219

  Discover this delightful 3-bedroom, 1-bathroom ranch home, perfectly set on a spacious corner lot. This charming property combines the best of modern convenience and timeless style, with recent updates that ensure it's ready for you to move right in. With sturdy construction and well-maintained systems, this home promises comfort and reliability for years to come. As you step inside, you'll find

  Vince Ferguson Mark Dietel Realty, LLC

  8902 Carla Dr, Indianapolis, IN 46219
• 

  

  

  /20

  $189,900

  • 3 Beds
  • 1.5 Baths
  • 1,323 Sq Ft

  3936 Delmont Dr, Indianapolis, IN 46235

  BRICK Ranch with 3 Bedrooms, 1.5 bath, Family Room, Living Room PLUS A Bonus Room Perfect for an Office.** Primary Bathroom Has Double Sinks**Attached Over-sized 600 Square Foot Attached Garage**Fully Fenced Rear Yard With a Large Concrete Covered Patio w/Privacy Fence*** Convenient Location Close to Shopping and Schools***

  MaryLou Gordon RE/MAX At The Crossing

  3936 Delmont Dr, Indianapolis, IN 46235
• 

  

  

  /3

  $115,000

  • Land
  • 0.15 Acre
  • $766,667 per Acre

  1734 N Cornell Ave, Indianapolis, IN 46202

  Fantastic opportunity to build your dream home in a prime downtown location, just minutes from the vibrant Mass Ave! This residential vacant lot is surrounded by newly constructed homes and offers a great chance to be apart of an evolving neighborhood. The parcel comes with a Construction Option market agreement with Davis Homes, making it easier to start building. Buyer is responsible for all

  Jasmine Axell Keller Williams Indpls Metro N

  1734 N Cornell Ave, Indianapolis, IN 46202
• 

  

  /27

  $159,900

  • 4 Beds

  1310 N Oakland Ave, Indianapolis, IN 46201

  Multi-family investing awaits on this Duplex in bustling Brookside Park District. Quickly travel to Pogue's Run, Brookside Park frisbee golf, shopping, nearby attractions, Irvington, Downtown Indy, interstate access & more. Capture increasing rent growth & price appreciation in this bustling area. Nearly turnkey with some finishing touches remaining. Well-planned private enclosed yard with

  Chris Price Keller Williams Indy Metro S

  1310 N Oakland Ave, Indianapolis, IN 46201
• 

  

  /23

  $200,000

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

  8520 Bison Woods Ct, Indianapolis, IN 46227

  Experience the allure of this charming 2-bedroom, 2-bathroom patio home with tranquil pond views in The Patios of Buffalo Creek. The spacious, open-concept family room is highlighted by a cozy fireplace, soaring cathedral ceilings, and easy access to the private patio-ideal for relaxing or entertaining. The kitchen includes a sunny breakfast nook and all essential appliances. The owner's suite

  Stephen Reel F.C. Tucker Company

  8520 Bison Woods Ct, Indianapolis, IN 46227
• 

  

  /25

  $149,900

  • 2 Beds
  • 2 Baths
  • 1,482 Sq Ft

  1632 Wellesley Ct Unit 6, Indianapolis, IN 46219

  A must see this super adorable condo, move in ready! 2 bedroom and 2 full baths, laundry room, lots of cabinets and built-ins. Breakfast bar, private screen in porch, nice size rooms, Primary bedroom large and wonderful walk-in closets with built-ins. Lots of storage through-out, one car detached garage. New interior paint, a few new carpets, and light fixtures. Will not be disappointed. Easy

  Dena Baker Dena's Place Real Estate Servi

  1632 Wellesley Ct Unit 6, Indianapolis, IN 46219
• 

  

  /20

  $130,000

  • 1 Bed
  • 1 Bath
  • 734 Sq Ft

  108 E St Clair St Unit B, Indianapolis, IN 46204

  What a wonderful opportunity to live in the middle of downtown Indy with so much to offer! Right across the street from the Central Library, a mere few blocks to Mass Ave, and a few more to the Canal on the White River, this condo is within walking distance to so many places! Many updates have been made to this cozy condo. All appliances included! Loads of options for this great property - could

  Patricia Torr F.C. Tucker Company

  108 E St Clair St Unit B, Indianapolis, IN 46204
• 

  

  /30

  $195,000

  • 3 Beds
  • 1 Bath
  • 1,128 Sq Ft

  1601 Draper St, Indianapolis, IN 46203

  Welcome to 1601 Draper St, nestled in the sought-after Fountain Square neighborhood, just minutes from downtown Indianapolis! This beautifully renovated home boasts a modern style with extensive updates throughout. Nearly every detail has been transformed, including a new roof, siding, and flooring, creating a fresh and welcoming appeal both inside and out. The stylish kitchen features brand-new

  Ngun Lian F.C. Tucker Company

  1601 Draper St, Indianapolis, IN 46203
• 

  

  /23

  $139,900

  • 2 Beds
  • 1 Bath
  • 804 Sq Ft

  1519 E Mills Ave, Indianapolis, IN 46227

  If you are looking for a quiet 2 bedroom home on Indy's southside look no further. This home was recently updated with new flooring, and paint throughout home. Updated cabinets and countertops, new bathroom and so much more! This home is just a walk away from University of Indianapolis and minutes away from Garfield Park. Large yard that allows the home to sit off the road.

  Mark Jones PMI Midwest

  1519 E Mills Ave, Indianapolis, IN 46227
• 

  

  /20

  $149,000

  • 2 Beds
  • 1 Bath
  • 1,247 Sq Ft

  951 W 33rd St, Indianapolis, IN 46208

  This spacious home on the near west side has two bedrooms, one bathroom, abundant natural light, and modern features throughout. It's an inviting place to call home. Includes a modern kitchen with an island, hardwood floors and the basement provides excellent storage space. Enjoy easy access to downtown and Newfields, placing you close to everything the city has to offer.

  Iscary Payano 1 Percent Lists - Hoosier State Realty LLC

  951 W 33rd St, Indianapolis, IN 46208
• 

  

  /18

  $159,900

  • 3 Beds
  • 1 Bath
  • 1,809 Sq Ft

  3305 N Keystone Ave, Indianapolis, IN 46218

  Charming 3-Bedroom Home in Oxford Neighborhood. This 1809 sq ft brick and wood home offers 3 bedrooms, 1 bathroom, and hardwood floors throughout, including under the carpet. The layout features two main-floor bedrooms, a loft style third bedroom upstairs, and a partially finished basement for extra storage or living space. Recent updates include a newer roof (less than 2 years old) on both home

  Brian Williams Carpenter, REALTORS®

  3305 N Keystone Ave, Indianapolis, IN 46218
• 

  

  /8

  $149,900

  • Land
  • 0.40 Acre
  • $374,750 per Acre

  6445 Silverton Way, Indianapolis, IN 46237

  Rolling hills, streams, 2 & 3 acre lakes combine with mature trees and wildlife to make Greystone one of Franklin Townships most prestigious communities. Greystone is conveniently located just minutes from shopping, restaurant, hospitals, interstate, and downtown Indy. Open to your builder or partner with Copenhaver Custom Homes to build your new dream home.

  Brent Copenhaver Copenhaver Realty, LLC

  6445 Silverton Way, Indianapolis, IN 46237
• 

  

  /6

  $159,900

  • 2 Beds
  • 1 Bath
  • 720 Sq Ft

  4529 Crittenden Ave, Indianapolis, IN 46205

  Great Location and affordable home with 2 bedrooms, 1 bath all brick home. 1 car garage with no garage door. Warm in the winter and cool in the summer. Close to Hwy and close to shopping.

  Angie Apley Carpenter, REALTORS®

  4529 Crittenden Ave, Indianapolis, IN 46205
• 

  

  /40

  $180,000

  • 1 Bed
  • 1 Bath
  • 900 Sq Ft

  8168 Shorewalk Dr Unit A, Indianapolis, IN 46236

  Get a pool with your condo. This beautifully updated one-bedroom condo offers comfort, convenience, and charm-all on the main level for easy access. Recent upgrades include fresh paint throughout, brand-new flooring, and sleek stainless steel appliances. A new HVAC system was installed in October 2024, along with an updated water heater and a water softener for added comfort. Enjoy a spacious,

  Charles Clark eXp Realty, LLC

  8168 Shorewalk Dr Unit A, Indianapolis, IN 46236
• 

  

  /22

  $180,000

  • 2 Beds
  • 1 Bath
  • 896 Sq Ft

  1120 Lexington Ave, Indianapolis, IN 46203

  Experience the perfect blend of historic charm and modern convenience in this beautifully updated 1870 home, located in the heart of Fountain Square. This vibrant neighborhood is one of the city's most sought-after areas, and this home puts you right in the middle of it all. As you walk up to the inviting open patio, you'll instantly see how perfect it is for relaxing evenings or entertaining

  Vince Ferguson Mark Dietel Realty, LLC

  1120 Lexington Ave, Indianapolis, IN 46203
• 

  

  /16

  $199,500

  • 4 Beds
  • 4 Baths

  730 N Euclid Ave, Indianapolis, IN 46201

  This income producing property houses four tenants in separate studios. Each unit has private entrance, bath, kitchen and living space. Currently FULLY LEASED with 3 of the 4 with guaranteed payments via VA or Section 8. Rent varies with each unit but average just under $900 per month. Landlord pays all utilities at an average of Appox. $500 per month. Buyer can view one of the 4 units and the

  Brett Young eXp Realty, LLC

  730 N Euclid Ave, Indianapolis, IN 46201
• 

  

  /3

  $179,900

  • Land
  • 1.00 Acre
  • $179,900 per Acre

  5351 Potters Pike, Indianapolis, IN 46234

  Fabulous, rolling, wooded building lot near Eagle Creek! One acre serene & secluded, yet close to amenities. Surround yourself w/ nature as you build your dream home.

  Kurt Meyer F.C. Tucker Company

  5351 Potters Pike, Indianapolis, IN 46234
• 

  

  /9

  $179,000

  • Land
  • 0.26 Acre
  • $688,462 per Acre

  2502 Southeastern Ave, Indianapolis, IN 46201

  Prime investment opportunity with this spacious lot, ideal for developing multiple law offices. Located near a major judicial center, the property offers a highly desirable location for legal professionals. Build and lease the space to law firms, ensuring a steady rental income for years to come. This site presents a valuable low-term opportunity for companies looking to capitalize on the growing

  Kristina Akopdzhanova AKO Brokerage & Property Mgmt

  2502 Southeastern Ave, Indianapolis, IN 46201
• 

  

  /17

  $115,000

  • 2 Beds
  • 1 Bath
  • 968 Sq Ft

  2721 Del Prado Dr, Indianapolis, IN 46227

  Well maintained 2 bedrooms condo in Perry township. A great floor plan. Newer Water Heater. Extra storage in garage and nice size patio to enjoy your morning coffee or any meal. 1 car garage with extra storage. Amenities include pool, clubhouse & tennis court. Close to shopping grocery store and library.

  Hilda Ellis Berkshire Hathaway Home

  2721 Del Prado Dr, Indianapolis, IN 46227
• 

  

  /25

  $139,900

  • 3 Beds
  • 1 Bath
  • 1,208 Sq Ft

  1526 Lawton Ave, Indianapolis, IN 46203

  Welcome to your dream home in South Square! This beautifully updated residence is just a five-minute walk to the vibrant Fountain Square, where you can enjoy all the fantastic restaurants and bars without the hefty housing premium. The home features updated appliances from 2018, along with fresh carpet and paint throughout. Don't miss out on this affordable, updated gem-schedule your visit today!

  Terry Evans Empire Real Estate LLC

  1526 Lawton Ave, Indianapolis, IN 46203
• 

  

  /38

  $170,000

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

  6517 Emerald Hill Ct Unit 312, Indianapolis, IN 46237

  Welcome to your new home minutes from everything! Located just a short drive from shopping, interstates, downtown, and much more! This 2 bedroom, 2 bath updated condo has it all! A vaulted ceiling living room which opens into the dining area, complete with a new accent wall, and kitchen! Cabinets galore make this kitchen great for storage! Laundry/utility room is located off the kitchen, and has

  Melissa Mendoza CENTURY 21 Scheetz

  6517 Emerald Hill Ct Unit 312, Indianapolis, IN 46237
• 

  

  /23

  $197,900

  • 3 Beds
  • 1.5 Baths
  • 1,035 Sq Ft

  2035 N Tibbs Ave, Indianapolis, IN 46222

  Newly remodeled 3 bedroom, 1.5 bathroom with an extra bedroom or office, back loft and full size basement is ready for you to view. Potential to become a 5 bedroom home in the main level. Home features new paint, new roof, new HVAC system, new laminate flooring, new kitchen cabinets, fully remodeled bathrooms, and much more. Appliances can be negotiated with the right offer. It also features a

  Maria Zegarra Giraldo Keller Williams Indy Metro S

  2035 N Tibbs Ave, Indianapolis, IN 46222
• 

  

  /21

  $159,400

  • 3 Beds
  • 1 Bath
  • 1,008 Sq Ft

  120 Hugo St, Indianapolis, IN 46229

  Updated and Move In Ready Ranch Home with 3 Bedrooms & 1 Bath with a Amazing Back Yard. Kitchen Remodel includes New Cabinets, Countertops, Tiled Backsplash, Stainless Sink and Luxury Vinyl Plank Flooring. Bathroom Remodel includes New Vanity, Lights, Lighted Mirror, Tiled Tub Surround and Luxury Vinyl Plank Flooring. Refinished Hardwood floors throughout family room and all 3 bedrooms. Fresh

  Brad Baxter Carpenter, REALTORS®

  120 Hugo St, Indianapolis, IN 46229
• 

  

  /10

  $130,000

  • 3 Beds
  • 1.5 Baths
  • 1,716 Sq Ft

  1108 Burdsal Pkwy, Indianapolis, IN 46208

  BACK ON THE MARKET!!!! MAKE YOUR OFFER TODAY! This home is priced to sell. This property is being sold TOTALLY AS-IS and seller will not do any repairs looking to close quickly! The seller's are very motivated and are looking for CERTIFIED CASH OFFERS ONLY! So bring your Best offer today!

  Yolanda Grier Gill Realty

  1108 Burdsal Pkwy, Indianapolis, IN 46208
• 

  

  /21

  $199,900

  • 2 Beds
  • 1 Bath
  • 768 Sq Ft

  5648 N Keystone Ave, Indianapolis, IN 46220

  Well-cared-for 2-bedroom home in the heart of Broad Ripple! Featuring beautiful hardwood floors throughout, this home is clean and move-in ready. Enjoy the extra space with a full basement and the convenience of a 1-car garage. The large backyard offers plenty of room for outdoor activities or relaxation. Located near Broad Ripple's vibrant dining and entertainment scene, Keystone Crossing, and

  Tom Endicott Keller Williams Indy Metro NE

  5648 N Keystone Ave, Indianapolis, IN 46220
• 

  

  /30

  $180,000

  • 2 Beds
  • 2 Baths
  • 1,080 Sq Ft

  3730 Prospect St, Indianapolis, IN 46203

  Freshly remodeled inside and out! 2 bedrooms and 2 baths. Granite countertops, new cabinets, and stainless steel appliances in the kitchen. New vinyl and carpet flooring throughout, all-new drywall, and new electrical and plumbing systems. New composite siding as well as a new roof with 30-year three-dimensional shingles and 6-inch gutters. Brand new privacy fence just installed which surrounds

  Marcia Souers eXp Realty, LLC

  3730 Prospect St, Indianapolis, IN 46203
• 

  

  /12

  $138,800

  • 2 Beds
  • 1 Bath
  • 942 Sq Ft

  305 Leeds Ave, Indianapolis, IN 46201

  Adorable 2-bedroom home with front and back porch to enjoy a sip of coffee. Perfect starter home - a must-see inside!

  Mary Carmen De La Vega Carpenter, REALTORS®

  305 Leeds Ave, Indianapolis, IN 46201
• 

  

  /4

  $155,000

  • Land
  • 3.82 Acres
  • $40,576 per Acre

  3110 Senour Rd, Indianapolis, IN 46239

  3.82 acres on Troy Ave- 336 x 585. Survey and Septic Soil Test are completed. See Attached Beautiful land some open field on West and gently rolling with trees to the South Covenants and Restrictions are being drafted and will be recorded at closing and a preliminary draft of key restrictions attached.

  David Baird OK Baird, LLC

  3110 Senour Rd, Indianapolis, IN 46239
• 

  

  /5

  $155,000

  • Land
  • 3.00 Acres
  • $51,667 per Acre

  3010 Senour Rd, Indianapolis, IN 46239

  3 acres on Troy Ave- 392 x 394 Corner Tract Troy Ave and Senour Rd (SW Corner) Survey and Septic Soil Test are completed. See Attached Beautiful land gently rolling with trees. Covenants and Restrictions are being drafted and will be recorded at closing and a preliminary draft of key restrictions attached.

  David Baird OK Baird, LLC

  3010 Senour Rd, Indianapolis, IN 46239
• 

  

  /7

  $155,000

  • Land
  • 3.00 Acres
  • $51,667 per Acre

  10705 E Troy Ave, Indianapolis, IN 46239

  3 acres on Troy Ave- 254 x 514. Survey and Septic Soil Test are completed. See Attached Beautiful land some open field on West and gently rolling with trees to the East. Covenants and Restrictions are being drafted and will be recorded at closing and a preliminary draft of key restrictions is attached.

  David Baird OK Baird, LLC

  10705 E Troy Ave, Indianapolis, IN 46239
• 

  

  /19

  $159,900

  • 3 Beds
  • 2 Baths
  • 1,671 Sq Ft

  41 S Sherman Dr, Indianapolis, IN 46201

  Great Rental with instant income. Tenant has lease through February 2027. Recent updates include new ceiling fans, bathroom vanity, kitchen cabinets and sink, windows, new HVAC and gas water heater, recently painted throughout, the full unfinished basement has daylight windows and laundry hook up . Location is close to grocery, bus line, restaurants and minutes from Downtown Indy. The backyard

  Cheryl Radtke Keller Williams Indy Metro S

  41 S Sherman Dr, Indianapolis, IN 46201
• 

  

  /7

  $180,000

  • 3 Beds
  • 1.5 Baths
  • 1,579 Sq Ft

  9145 Shenandoah Dr, Indianapolis, IN 46229

  Spacious Brick Ranch, 2 Bedrooms, 1.5 Baths, Livingroom with Family Room open to kitchen. 2 car garage, New roof and water heater 2024. Newer flooring.Close to shopping, bus lines, Interstate access.

  Delores Kennedy B & K Realty, Inc

  9145 Shenandoah Dr, Indianapolis, IN 46229
• 

  

  /5

  $125,000

  • 3 Beds
  • 1 Bath
  • 1,140 Sq Ft

  3536 N Audubon Rd, Indianapolis, IN 46218

  Nice 3 bedroom ranch style house located on a quite street. This house has a new roof. Needs some TLC. Being sold as is. It currently has a tenant who pays $500 per month and whose rental status is month to month

  Pamela Journey E & L Son Enterprise, LLC

  3536 N Audubon Rd, Indianapolis, IN 46218
• 

  

  /12

  $145,000

  • Land
  • 4.55 Acres
  • $31,868 per Acre

  4400 Carson Ave, Indianapolis, IN 46227

  Your Central Indiana Land Team Presents this new listing! Near the corner of I-65-S and 465 sits this great opportunity. Mature trees and creek frontage offer a perfect setting to build a home or have your own get away near the city. This is zoned residential D-2. Not often does a vacant property this size come available for sale, that is not zoned for commercial use. There is a power line

  Tyler Fritz Whitetail Properties

  4400 Carson Ave, Indianapolis, IN 46227
• 

  /2

  $115,000

  • 4 Beds
  • 1 Bath
  • 1,304 Sq Ft

  2515 S Lockburn St, Indianapolis, IN 46241

  Attention Investors! Great Square Footage for the Area! Property is in Foreclosure/Receivership and is being sold as is. All Offers are subjext to Court Approval. Room measurements have not been taken. Lots of room for profit in this one.

  Richard Teeters Keller Williams Indy Metro S

  2515 S Lockburn St, Indianapolis, IN 46241
• 

  

  /5

  $110,000

  • 3 Beds
  • 1 Bath
  • 836 Sq Ft

  2221 Langley Ave, Indianapolis, IN 46218

  Welcome to this updated and well-maintained 3-bedroom, 1-bath home-perfect for both first-time homeowners and savvy investors! Whether you're looking to settle in or expand your rental portfolio, this property offers flexibility and long-term value. The roof is only 10 years old, and the water heater was replaced in 2022, providing peace of mind for years to come. Situated on a quiet dead-end

  Derrin Phoenix Carpenter, REALTORS®

  2221 Langley Ave, Indianapolis, IN 46218
• 

  

  /30

  $142,500

  • 2 Beds
  • 1 Bath
  • 1,030 Sq Ft

  906 N Parker Ave, Indianapolis, IN 46201

  Step into this beautifully renovated 2-bedroom, 1-bath home and experience the charm of a property that feels like new construction! Every inch of this house has been updated with meticulous attention to detail, creating a move-in-ready space with stunning finishes. The seller has gone above and beyond, offering to install a brand-new air conditioning system prior to appraisal for the buyer's

  Charlene Gaard No Limit Real Estate, LLC

  906 N Parker Ave, Indianapolis, IN 46201
• 

  

  /6

  $185,000

  • 3 Beds
  • 1 Bath
  • 836 Sq Ft

  531 N Alton Ave, Indianapolis, IN 46222

  This adorable 3br/1bath tenant occupied rental is ready for its new owner! The property has been tastefully updated, and is currently bringing in $1,200/month! Tenants love the oversized kitchen and designated dining space, as well as the full basement and garage parking!

  Dustin Branum AMR Real Estate LLC

  531 N Alton Ave, Indianapolis, IN 46222

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