Indianapolis, IN Homes under $200,000

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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
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  /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
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  /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
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  /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
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  /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
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  /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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  /2

  $190,000

  • 2 Beds
  • 1.5 Baths
  • 1,576 Sq Ft

  5944 Streamwood Ln, Indianapolis, IN 46237

  This condo is sold AS IS. its a great 2 bedrooms property in the heart of franklin township. Great for first time homebuyers or investors.Everything is close by, hospital,Greenwood mall, good schools, i 65, restaurants and eatries.

  Beenu Sikand Legacy Homes International

  5944 Streamwood Ln, Indianapolis, IN 46237
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  /15

  $199,900

  • 4 Beds
  • 2 Baths
  • 1,736 Sq Ft

  123 S Butler Ave, Indianapolis, IN 46219

  Large Irvington 4 bedroom home waiting for your touches. Bring your contractor and finish what has been started in this desirable area. 2 full baths and good sized bedrooms will help you realize strong resale values. Build a garage for an even higher price point. Newer roof and windows. Corporate owned, no wholesale offers or assignment of contract. Sight unseen offers will not be considered.

  Brian Pachciarz Estansion Group by BLP

  123 S Butler Ave, Indianapolis, IN 46219
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  /22

  $195,000

  • 3 Beds
  • 1.5 Baths
  • 1,260 Sq Ft

  3419 Carrollton Ave, Indianapolis, IN 46205

  Welcome to this charming and stylish 3-bedroom, 1.5-bath home, where a spacious covered porch greets you and leads into a bright, inviting interior that has been meticulously updated throughout. The main level is a picture of modern elegance with luxury vinyl flooring that seamlessly flows through the space. The bright white kitchen is a chef's delight, featuring stainless steel appliances, a

  Jordan Herman Encore Sotheby's International

  3419 Carrollton Ave, Indianapolis, IN 46205
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  /6

  $109,000

  • 1 Bed
  • 1 Bath

  1128 S Sheffield Ave, Indianapolis, IN 46221

  Great investment opportunity. One side has a long time tenant currently paying $700 a month, but willing to sign an extension at a higher rate.

  James Johnson REALTY WORLD-Harbert Company

  1128 S Sheffield Ave, Indianapolis, IN 46221
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  /6

  $124,900

  • 2 Beds
  • 1 Bath
  • 1,845 Sq Ft

  724 E Beecher St, Indianapolis, IN 46203

  Bates Hendricks single family home with recent renovations completed. Great addition to your rental portfolio in a high value gentrifying area. Home has two additional rooms upstairs in the converted attic space. With a little more work to finalize, this could be a nice asset in a strong rental market.

  Brian Pachciarz Estansion Group by BLP

  724 E Beecher St, Indianapolis, IN 46203
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  /13

  $139,900

  • 2 Beds
  • 1 Bath
  • 816 Sq Ft

  1105 Winfield Ave, Indianapolis, IN 46222

  Don't miss this 2-bedroom, 1-bath gem on Indianapolis' westside! This cozy home boasts a large basement, offering endless possibilities-finish it for extra living space, a home gym, or a rec room. Enjoy a spacious layout with great natural light, plus a large yard perfect for outdoor gatherings or relaxing in your own private space. Whether you're a first-time homebuyer, downsizer, or

  Kendrick Davis Davis Realty Group

  1105 Winfield Ave, Indianapolis, IN 46222
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  /21

  $190,000

  • 2 Beds
  • 2 Baths
  • 900 Sq Ft

  509 Saint Paul St, Indianapolis, IN 46203

  Welcome to your new home! This beautifully renovated 2-bedroom, 2-bathroom home offers an open-concept design, a spacious yard, and brand-new appliances, a water heater, and a roof. Conveniently situated near downtown Indy and major highways, it's a must-see. Schedule your visit today!

  Lora Reynolds Epique Inc

  509 Saint Paul St, Indianapolis, IN 46203
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  /2

  $167,500

  • Land
  • 0.09 Acre
  • $1,861,111 per Acre

  2061 N Talbott St, Indianapolis, IN 46202

  Can't find exactly what you're looking for on the market!? Embrace the opportunity to craft your ideal residence within the historic Herron Morton neighborhood! Nestled atop a hill, this vacant 35 x 107 lot is located a mere half-mile away from the massive IU Health Hospital development. Enjoy the convenience of strolling to nearby popular hotspots like Bocca, Babys, Loco, Tea's Me & Gather 22.

  Tyler Willis @properties

  2061 N Talbott St, Indianapolis, IN 46202
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  /13

  $150,000

  • 3 Beds
  • 2 Baths
  • 1,288 Sq Ft

  3614 E New York St, Indianapolis, IN 46201

  This property is now VACANT and ready for you to move in. This charming single-story home is conveniently located between downtown and Irvington. It features a great layout with three bedrooms and two full bathrooms. The master suite, along with a spacious eat-in kitchen that opens to the living room, makes this home a fantastic value. New hot water heater installed in Feb 2025, New Roof

  Gloria Gear Keller Williams Indy Metro S

  3614 E New York St, Indianapolis, IN 46201
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  /2

  $180,000

  • 3 Beds
  • 2 Baths
  • 1,528 Sq Ft

  2309 N Dearborn St, Indianapolis, IN 46218

  Look no further! This rented property is the perfect to addition to any investors portfolio. Offering stable cash flow in a developing area. This property was fully rehabbed prior to the tenants taking it over. Located steps from I-70 and minutes from downtown this beauty has access to all of what makes Indianapolis great.

  Chris Johnson F.C. Tucker Company

  2309 N Dearborn St, Indianapolis, IN 46218
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  /15

  $139,900

  • 3 Beds
  • 1 Bath
  • 884 Sq Ft

  3951 N Pasadena St, Indianapolis, IN 46226

  Three bedroom, one bath rental investment home with great rental history located on near east side. Home has been well maintained. It has a covered front porch and a nice sized lot. Currently leased thru end of June by responsible tenant. Current lease is at $925/mo. Financials and copy of lease are available upon request. NOTE: showings will only be allowed after accepted offer (Buyer may

  Bob Double Valu-Net Realty

  3951 N Pasadena St, Indianapolis, IN 46226
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  /13

  $125,000

  • 3 Beds
  • 2.5 Baths
  • 1,456 Sq Ft

  3178 Graceland Ave, Indianapolis, IN 46208

  ***INVESTOR SPECIAL*** This home located in the heart of Indy is completely open and ready for your touches. Currently framed as a 3 bedroom 2.5 bathroom home, this home has endless possibilities ahead of it!

  Brittany Perry F.C. Tucker Company

  3178 Graceland Ave, Indianapolis, IN 46208
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  /32

  $185,000

  • 4 Beds
  • 2 Baths
  • 2,043 Sq Ft

  3102 N Arsenal Ave, Indianapolis, IN 46218

  Welcome to 3102 N Arsenal, a spacious 4-bedroom, 2-bath home offering over 2,000 sq. ft. of flexible living space, PLUS a bonus room, perfect for a home office, playroom, workout space, or creative studio! Designed for practicality and comfort, this home features a bright open-concept living and dining area, ideal for hosting, remote work, or simply relaxing. The updated kitchen boasts ample

  Charlene Gaard No Limit Real Estate, LLC

  3102 N Arsenal Ave, Indianapolis, IN 46218
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  /22

  $139,900

  • 3 Beds
  • 1 Bath
  • 1,152 Sq Ft

  3306 N Drexel Ave, Indianapolis, IN 46218

  This charming home features 3 spacious bedrooms and 1 full bath, offering a perfect blend of comfort and convenience. The open-concept layout seamlessly connects the kitchen, dining area, and living room, creating an inviting space for both relaxation and entertaining. Additionally, the full basement provides endless possibilities-ready for you to add your own personal touch and transform it into

  Diana Moreno F.C. Tucker Company

  3306 N Drexel Ave, Indianapolis, IN 46218
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  /27

  $134,900

  • 3 Beds
  • 1 Bath
  • 1,053 Sq Ft

  1154 N Belleview Place, Indianapolis, IN 46222

  This tenant-occupied property is the perfect addition to your investment portfolio! Enjoy immediate rental income with a reliable tenant already in place.

  Laura Moreno F.C. Tucker Company

  1154 N Belleview Place, Indianapolis, IN 46222
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  /26

  $167,000

  • 3 Beds
  • 1 Bath
  • 1,060 Sq Ft

  1837 E Legrande Ave, Indianapolis, IN 46203

  Searching for an affordable yet updated & well-maintained 3BR/1BA on Indianapolis' South side? Don't miss this sturdy & functional ranch-optimal for both occupants & investors looking for cash-flowing opportunities in a rapidly appreciating area. Just minutes from Fountain Square, Garfield Park & Bates Hendrix, commuters could not ask for a better location with excellent proximity to downtown

  Wendall Bontrager Highgarden Real Estate

  1837 E Legrande Ave, Indianapolis, IN 46203
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  /32

  $195,000

  • 3 Beds
  • 2 Baths
  • 1,504 Sq Ft

  128 Wisconsin St, Indianapolis, IN 46225

  Enjoy easy access to downtown and a refurbished interior that's less than 10 years old! This 3-bed, 2-bath home features a large updated kitchen with newer SS appliances, a main level master, spacious living room, and a sizable entry. The upstairs includes two additional bedrooms, a full bath, a common area, and a rear balcony. Outdoors, you'll find a fenced backyard with a storage barn offering

  Eli Skinner Key Realty Indiana

  128 Wisconsin St, Indianapolis, IN 46225
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  /3

  $119,000

  • Land
  • 0.17 Acre
  • $700,000 per Acre

  2710 Boulevard Place, Indianapolis, IN 46208

  A buildable residential lot in a neighborhood that is experiencing revitalization. Located within walking distance to Ivy Tech, The Children's Museum and a few blocks from the red line.

  Eric Lantz F.C. Tucker Company

  2710 Boulevard Place, Indianapolis, IN 46208
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  /13

  $129,900

  • 2 Beds
  • 1 Bath
  • 1,196 Sq Ft

  4041 Boulevard Place, Indianapolis, IN 46208

  TURN-KEY 2 bedroom, 1 Bath home near Butler University. This home could make a great student rental or another addition to your portfolio. Home has been recently remodeled and is just south of Hoagies and Hops in Butler Tarkington. Newer roof and LVP flooring throughout. Recent plumbing, hvac, and electrical updates. Strong rental values in the area.

  Brian Pachciarz Estansion Group by BLP

  4041 Boulevard Place, Indianapolis, IN 46208
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  /18

  $185,000

  • 3 Beds
  • 2.5 Baths
  • 2,587 Sq Ft

  2003 S Bolton Ave, Indianapolis, IN 46203

  Are you an investor looking for the perfect investment property with plenty of space and modern comfort? This well maintained home 3 bedroom 2 bath home offers over 2500 sq ft of living space. Making it an ideal for families, entertaining, or just stretching out and enjoying life. Perfect opportunity to put the finishing touches on this home and add it to your rental portfolio to make the perfect

  DaShawn Tharpe AMR Real Estate LLC

  2003 S Bolton Ave, Indianapolis, IN 46203
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  /26

  $175,000

  • 3 Beds
  • 1 Bath
  • 1,250 Sq Ft

  2533 Aurie Dr, Indianapolis, IN 46219

  Nicely remodeled Brick Ranch , Corner Huge lot. New flooring ,exterior /interior fresh paint, tiled new bathroom, windows, roof etc. Updated electric, pluming, kitchen .

  Tatyana Crismore Indiana Homestore, LLC

  2533 Aurie Dr, Indianapolis, IN 46219
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  /10

  $109,900

  • 3 Beds
  • 1 Bath
  • 1,808 Sq Ft

  2165 S Meridian St, Indianapolis, IN 46225

  Two lots. 2175 S Meridian is vacant lot on northeast corner of Meridian and Raymond St. 2165 S Meridian is home on lot to north. Both lots are similar in size approximately 32X117 & 32X117. Tenant occupied. Fix me up inside and out. Approximately 1800 sq ft 1 1/2Story 1000 sq main 800sq up total sq ft approximately 1800. Zone Commercial C3. Credit Union will probably finance maybe seller with

  Steve Rossman ALL PRO, REALTORS LLC

  2165 S Meridian St, Indianapolis, IN 46225
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  /26

  $194,900

  • 2 Beds
  • 2.5 Baths
  • 1,386 Sq Ft

  7042 Tyler Ln, Indianapolis, IN 46217

  A must see in The Townes At Wellingshire, is this stunning maintenance-free condo nestled within the coveted Southern Dunes golf community. This beautifully updated 2-bedroom, 2.5-bathroom residence boasts over 1,300 square feet of comfortable living space, making it the perfect retreat for both relaxation and entertainment. Step inside to discover a bright and airy layout, featuring all-new

  Jamie Brown CENTURY 21 Scheetz

  7042 Tyler Ln, Indianapolis, IN 46217
• 

  

  /22

  $105,000

  • 2 Beds
  • 1 Bath
  • 969 Sq Ft

  316 N Lasalle St, Indianapolis, IN 46201

  This charming 2-bedroom could be your perfect starting point! Just minutes from downtown, it's nestled on a corner lot with a detached garage and a privacy fence offering both comfort and potential. Whether you're looking for a place to grow into or hoping to build some equity, this home gives you the opportunity to make it truly your own. Let's talk about how this could be a smart first step

  Levone Clark American Dream Team Real Estate

  316 N Lasalle St, Indianapolis, IN 46201
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  /19

  $184,900

  • 3 Beds
  • 2.5 Baths
  • 2,100 Sq Ft

  334 S Hamilton Ave, Indianapolis, IN 46201

  Amazing opportunity in North Square! Custom home with 3 bedrooms and 2.5 baths. This home offers an open floorplan with quartz countertops, spacious bathrooms, large bedrooms and much more. out back you will find a private backyard and a large deck. This home is within a short bike ride to Fountain Square and Monument circle.

  Christopher Wynkoop Wynkoop Brokerage Firm, LLC

  334 S Hamilton Ave, Indianapolis, IN 46201
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  /53

  $173,800

  • 2 Beds
  • 1 Bath
  • 1,295 Sq Ft

  3153 N Layman Ave, Indianapolis, IN 46218

  Need a 3-car detached garage with a long driveway to park a RV or commercial vehicle?*This beautifully renovation ranch in the heart of Indianapolis, amidst newly some built homes features the perfect blend of modern elegance & functionality*Every detail has been thoughtfully updated: brand new roof, siding, windows, doors, plumbing, electrical (200 amps), HVAC, sewer line to street, LVP

  Robin Reese Reese Group Realty, LLC

  3153 N Layman Ave, Indianapolis, IN 46218
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  /16

  $124,900

  • 2 Beds
  • 2 Baths

  1610 Hoefgen St, Indianapolis, IN 46203

  Perfect Investment Opportunity! 2-unit duplex close to downtown, shopping, and easy interstate access. Being sold as-is, features two units. Each unit has 1 bedroom, 1 bath, living room, and dining room. Both units have separate utility meters. Whether you are looking to live in one side of the duplex and rent out the other, this is the perfect property for you!

  Kelly Wood RE/MAX At The Crossing

  1610 Hoefgen St, Indianapolis, IN 46203
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  /32

  $169,999

  • 3 Beds
  • 1 Bath
  • 1,080 Sq Ft

  1704 Nelson Ave, Indianapolis, IN 46203

  Welcome to this charming 1968 ranch-style home nestled in the sought-after Hollidays Garfield Park subdivision! Offering 3 bedrooms, 1 bathroom, and 1,080 square feet of updated living space, this gem is perfect for first-time buyers, downsizers, or anyone seeking a move-in-ready home in a serene neighborhood with no HOA. Step inside to discover the brand-new flooring (2024) that adds a fresh,

  Megan Lewis Daniels Real Estate

  1704 Nelson Ave, Indianapolis, IN 46203
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  /18

  $177,500

  • 3 Beds
  • 1 Bath
  • 1,475 Sq Ft

  1125 Laurel St, Indianapolis, IN 46203

  Fountain square fixer upper is waiting for the right buyer! This 3 bedroom 1 bath home sits on a huge long lot that has a ton of potential. Home will require a complete renovation throughout. Home is being sold as is and the seller will not make any repairs post inspection. Utilities are currently off and the seller suggests that the buyer does all due diligence prior to placing an offer.

  Edwin Watson Triple E Realty, LLC

  1125 Laurel St, Indianapolis, IN 46203
• 

  

  /11

  $144,500

  • 3 Beds
  • 1 Bath
  • 1,232 Sq Ft

  2607 E 12th St, Indianapolis, IN 46201

  Don't miss this incredible flipping and renovation opportunity located in Vajens Springdale, quiet and safe neighborhood. This property offers endless potential to create your dream home or maximize your investment. Featuring a convenient basement-accessible door and ample space for creative redesign, this is your chance to add value and transform this diamond in the rough. Bring your tools,

  Peter Mikhail eXp Realty LLC

  2607 E 12th St, Indianapolis, IN 46201
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  /13

  $148,900

  • 3 Beds
  • 2 Baths
  • 1,172 Sq Ft

  2817 N New Jersey St, Indianapolis, IN 46205

  Check out this Mapleton-Fall Creek opportunity with endless potential. Desirable main-floor primary suite & large upstairs room. This house is surrounded by numerous full-rehabs & new builds in the neighborhood. Loads of opportunity with some TLC. Home is being sold as-is.

  Lincoln Gardner Alpine Realty, LLC

  2817 N New Jersey St, Indianapolis, IN 46205
• 

  

  /11

  $180,000

  • 2 Beds
  • 1 Bath
  • 1,140 Sq Ft

  2957 Winthrop Ave, Indianapolis, IN 46205

  Welcome to this classic American-style home full of potential! This cozy 2-bedroom, 1-bath property is brimming with charm, ready for you to make it your own. While the home needs a little TLC, it offers the perfect opportunity for buyers looking to invest in a home with great bones and endless possibilities. Two spacious bedrooms and office are perfect for downtown living, along with 1 full

  Ernest Hanohano-Pastushin F.C. Tucker Company

  2957 Winthrop Ave, Indianapolis, IN 46205
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  /47

  $135,000

  • 1 Bed
  • 1 Bath
  • 942 Sq Ft

  3965 N Meridian St Unit 6C, Indianapolis, IN 46208

  Location, lifestyle, and low price! This affordable and stylish midtown condo offers everything you need for easy living. Enjoy significant natural light and a stunning view from your wall of windows overlooking the city. This updated unit features an open floor plan with extra large great room, perfect to accommodate a living room and dedicated office space. The adjacent dining room offers

  Angela Delise Keller Williams Indpls Metro N

  3965 N Meridian St Unit 6C, Indianapolis, IN 46208
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  /42

  $184,900

  • 6 Beds
  • 2 Baths

  3469 N Capitol Ave, Indianapolis, IN 46208

  Huge potential for a lovely duplex with ample room in each unit. This property appears to have had some updates in the past but still needs your own personal touch to make it special. Huge Living Rooms, D& Formal dining Room with a stairway foyer entrance/mud room, then a large eat in kitchen. Both sides have had some kitchen updates but one side might have a slightly larger kitchen. There are 3

  Jackie Lovell New Quantum Realty Group

  3469 N Capitol Ave, Indianapolis, IN 46208

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