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Indianapolis, IN Homes for Sale under $200,000

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  • /24

    $112,500

    • 2 Beds
    • 1.5 Baths
    • 1,162 Sq Ft

    1938 N Dearborn St, Indianapolis, IN 46218

    Welcome to 1938 N Dearborn-a charming Traditional American home tucked away on a peaceful street in the heart of North Brookside Park. This 2-bedroom, 1.5-bath property offers 1,162 square feet of main-level living space and a full basement, just waiting for your personal touch. Built in 1920, the home blends vintage character with functional layout. Inside, you'll find a bright and spacious

    Charlene Gaard No Limit Real Estate, LLC

    1938 N Dearborn St, Indianapolis, IN 46218
  • /43

    $175,000

    • 2 Beds
    • 2 Baths
    • 1,389 Sq Ft

    2267 Rome Dr Unit A, Indianapolis, IN 46228

    Welcome to this beautifully updated 2-bedroom, 2-bath, main-level condo in the desirable Knoll Condos community. Featuring a spacious and functional floorplan, this home offers comfortable living in a prime location-just minutes from major highways, downtown, shopping, entertainment, and both Butler and Marion Universities. Inside, you'll find updates including new flooring, modern vanities and

    Miranda Payne Carpenter, REALTORS®

    2267 Rome Dr Unit A, Indianapolis, IN 46228
  • /23

    $169,999

    • 2 Beds
    • 2 Baths
    • 900 Sq Ft

    3562 E Morris St, Indianapolis, IN 46203

    Step into this beautifully reimagined home where every inch has been thoughtfully designed for comfort, function, and style. The open-concept layout creates a light and spacious feel that's perfect for modern living. This home is essentially brand new from the studs in. No detail was overlooked-from the brand new HVAC system, roof, vinyl siding, and windows, to updated electrical, plumbing, and

    Cristalys Bieker The Modglin Group

    3562 E Morris St, Indianapolis, IN 46203
  • /21

    $130,000

    • 2 Beds
    • 1 Bath
    • 725 Sq Ft

    524 S Arlington Ave, Indianapolis, IN 46219

    MOTIVATED SELLER!!! Welcome to 524 S Arlington Ave! This adorable home sits in the lively Historic Irvington area. As you walk in you'll fall in love with the charm. Newer floors and huge living room window invites you to the coziness of the home. 2 bedrooms with an updated tiled shower is perfect to move right in! If you're a first time home buyer, this is would be the ideal start. UPDATES

    Ali Rahimi Trueblood Real Estate

    524 S Arlington Ave, Indianapolis, IN 46219
  • /16

    $185,000

    • 2 Beds
    • 1 Bath
    • 1,354 Sq Ft

    1728 N Somerset Ave, Indianapolis, IN 46222

    This home features a converted garage that now serves as a fully equipped studio-perfect for additional living space or rental potential. The studio includes its own kitchen, dining area, living room, full bathroom, and one bedroom.

    Braulio Moreno F.C. Tucker Company

    1728 N Somerset Ave, Indianapolis, IN 46222
  • /12

    $154,900

    • 2 Beds
    • 1 Bath
    • 1,342 Sq Ft

    1425 Sharon Ave, Indianapolis, IN 46222

    This property offers great potential as a fixer-upper investment or a perfect starter home! Featuring a 3-year-old Roof and A/C unit replaced in 2022.All measurements and information are approximate; buyers are encouraged to perform their own due diligence.

    Braulio Moreno F.C. Tucker Company

    1425 Sharon Ave, Indianapolis, IN 46222
  • /35

    $187,900

    • 3 Beds
    • 1.5 Baths
    • 1,304 Sq Ft

    2720 S Taft Ave, Indianapolis, IN 46241

    Welcome to this charming multi-level 3-bedroom, 1.5-bath home, located in Wayne Township. Featuring attractive stucco-style siding and thoughtful updates throughout, this home is move-in ready with brand new luxury vinyl plank flooring and fresh carpet in the bedrooms. The kitchen is equipped with sleek new black appliances with a separate dining area. Enjoy extra storage in the full basement,

    Sam Huesman Pillario Property Management LLC

    2720 S Taft Ave, Indianapolis, IN 46241
  • /13

    $114,900

    • 1 Bed
    • 1 Bath
    • 692 Sq Ft

    1358 Hiatt St, Indianapolis, IN 46221

    Nestled at 1358 Hiatt ST, INDIANAPOLIS, IN, this charming single-family residence in Marion County presents an inviting home, ready to move in and begin a new chapter. Imagine relaxing on the porch, enjoying a morning beverage as the day begins, or unwinding in the evening with a gentle breeze, making this inviting space an extension of your living area. Beyond the residence itself, the

    Rafael Ayala eXp Realty, LLC

    1358 Hiatt St, Indianapolis, IN 46221
  • /10

    $175,000

    • 1 Bed
    • 1 Bath

    1703 E 34th St, Indianapolis, IN 46218

    This income producing property houses four tenants in separate studios. Each unit has private entrance, bath, kitchen and living space. Currently fully leased Rent varies with each unit but average $844 per month. Landlord pays all utilities at an average of Appox. $500 per month. Buyer can view one of the 4 units and the others will be available for second showings. Property has been

    Brett Young eXp Realty, LLC

    1703 E 34th St, Indianapolis, IN 46218
  • /25

    $200,000

    • 4 Beds
    • 2 Baths
    • 1,596 Sq Ft

    4923 E University Ave, Indianapolis, IN 46201

    This single-family residence in Marion County presents an attractive property in great condition, freshly renovated and ready to welcome its new owners. Conveniently located close to downtown, this home offers the perfect balance of comfort and accessibility. Imagine preparing meals and entertaining in the large kitchen, where the shaker cabinets provide ample storage and the expansive kitchen

    Xavier McFadden Berkshire Hathaway Home

    4923 E University Ave, Indianapolis, IN 46201
  • /15

    $149,000

    • 2 Beds
    • 1.5 Baths
    • 1,061 Sq Ft

    4408 Clovelly Ct, Indianapolis, IN 46254

    Welcome to this move-in ready 2 bed, 1.5 bath condo featuring a smart, functional layout and attached 1-car garage. This well-maintained home offers a spacious living room, separate dining area, and generously sized bedrooms-perfect for first-time buyers or anyone looking to downsize with comfort and style. Enjoy peaceful living in a quiet, well-kept community just minutes from downtown, I-65,

    Mukul Khanna RE/MAX Advanced Realty

    4408 Clovelly Ct, Indianapolis, IN 46254
  • /33

    $155,000

    • 2 Beds
    • 2 Baths
    • 1,159 Sq Ft

    5019 Amber Creek Place, Indianapolis, IN 46237

    Original Owner! Spacious Condo with No Upstairs Neighbors! Refreshed paint! Located on the top floor, this inviting condo offers soaring ceilings and a bright, open layout that's both functional and welcoming. The large family room flows seamlessly into the dining area and kitchen, making it ideal for everyday living and entertaining. Step out onto the relaxing balcony - a perfect spot to enjoy

    Fabiola Veguilla Highgarden Real Estate

    5019 Amber Creek Place, Indianapolis, IN 46237
  • /22

    $194,000

    • 3 Beds
    • 1.5 Baths
    • 1,980 Sq Ft

    667 E Edgewood Ave, Indianapolis, IN 46227

    3-Bedroom, 1.5-Bath Home with 2-Car Garage and Expansive Yard Space This spacious home offers a 2-car garage and generous front and back yards-perfect for outdoor enjoyment or future landscaping plans. Inside, the kitchen features abundant cabinet space, and the lower level boasts a large living area ideal for entertaining or relaxing. While the home needs TLC, it presents an excellent

    Robert Salmons Entera Realty

    667 E Edgewood Ave, Indianapolis, IN 46227
  • /34

    $182,000

    • 3 Beds
    • 2 Baths
    • 1,586 Sq Ft

    3149 Carson Ave, Indianapolis, IN 46227

    Charming one-story home with inviting curb appeal featuring a welcoming front wood deck. Inside, you'll find a spacious closet and a primary bathroom that offers the ultimate retreat with a large soaking tub and separate shower. Step into the backyard to enjoy a second wood deck, perfect for relaxing or entertaining, along with a convenient shed and a covered carport for added storage and

    Teresa Homan Mainstay Brokerage LLC

    3149 Carson Ave, Indianapolis, IN 46227
  • /12

    $150,000

    • 3 Beds
    • 1 Bath
    • 1,056 Sq Ft

    4607 Melrose Ave, Indianapolis, IN 46241

    This property is currently tenant-occupied on a month-to-month lease. It features 3 bedrooms and an additional bonus room. The roof was recently replaced in 2025.

    Braulio Moreno F.C. Tucker Company

    4607 Melrose Ave, Indianapolis, IN 46241
  • /26

    $146,000

    • 5 Beds
    • 1 Bath
    • 1,824 Sq Ft

    9045 Stardust Dr, Indianapolis, IN 46229

    Five-bedroom, one-bathroom fixer-upper with great potential-ideal as an investment property or for a future homeowner ready to renovate. The home features a fireplace and multiple versatile rooms, one of which could serve as a home office. Conveniently located with easy access to I-465, downtown, restaurants, and shopping.

    Robert Salmons Entera Realty

    9045 Stardust Dr, Indianapolis, IN 46229
  • /35

    $159,900

    • 3 Beds
    • 1 Bath
    • 1,296 Sq Ft

    418 Eastern Ave, Indianapolis, IN 46201

    Now is your opportunity to purchase a turnkey property so proximal to downtown Indianapolis. This freshly renovated townhome is ready to become part of your portfolio just outside Woodruff Place.

    Austin Main Resolute Realty

    418 Eastern Ave, Indianapolis, IN 46201
  • /29

    $165,000

    • 1 Bed
    • 1 Bath
    • 876 Sq Ft

    8176 Shorewalk Dr Unit C, Indianapolis, IN 46236

    If you are looking for the minimalist lifestyle in Geist, this condo is for you. Located one level up grants an amazing tree top view and of Geist lake! All new appliances, lighting, FLVP flooring, carpet, updated bathroom and a wide open floor plan means you truly can move right in and unpack the boxes! This community has been beloved by many over the years featuring a community pool where

    Angela Duggan F.C. Tucker Company

    8176 Shorewalk Dr Unit C, Indianapolis, IN 46236
  • /10

    $162,900

    • 3 Beds
    • 2 Baths
    • 1,995 Sq Ft

    3570 Decamp Dr, Indianapolis, IN 46226

    Welcome to 3570 Decamp Drive, a single-family residence located in the heart of Indianapolis, IN. This as-is property presents a remarkable opportunity for investors or hands-on homeowners ready to bring their vision to life. With generous space and untapped potential, this home is ideal for those looking to renovate, personalize, or develop a property that reflects their unique style and goals.

    Priscilla Russell Hall & Russell Real Estate Group

    3570 Decamp Dr, Indianapolis, IN 46226
  • /20

    $129,900

    • 2 Beds
    • 1 Bath
    • 616 Sq Ft

    4715 Normal Ave, Indianapolis, IN 46226

    This beautifully renovated 2-bedroom, 1 -bath home is move-in ready full of charm. Featuring brand new flooring throughout, fresh interior paint, updated kitchen cabinets, a stunningly remodeled bathroom, new interior and exterior doors, and updated windows- every detail has been thoughtfully refreshed. Whether you're a first-time buyer or looking to downsize, this home offers comfort, style, and

    Luis Coronel Realty of America LLC

    4715 Normal Ave, Indianapolis, IN 46226

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