Indianapolis, IN Homes for Sale under $200,000

• 

  

  

  /23

  $154,900

  • 2 Beds
  • 1 Bath
  • 1,540 Sq Ft

  1125 W Congress Ave, Indianapolis, IN 46208

  Whether you are looking to secure your next dream home or seeking a high-potential asset to expand your investment portfolio, this home offers the perfect blend of location, versatility and opportunity! Don't miss your chance to own a home that balances comfort with solid investment value! Schedule your private tour today to explore everything this residence has to offer.

  

  Lora Reynolds

  Epique Inc

  1125 W Congress Ave, Indianapolis, IN 46208
• 

  

  

  /26

  $189,000

  • 4 Beds
  • 2 Baths
  • 1,335 Sq Ft

  5421 E 21st St, Indianapolis, IN 46218

  New carpet throughout! Privacy and space for everyone in this warm and welcoming 4 bedroom 2 bath home on a large, dry basement. The kitchen has been lovingly updated with additional drawer storage, new countertops and updated appliance. Walls are all a neutral, move-in ready color. The furnace and AC are only 4 years old. The water heater is only 2. The large, private back yard is just waiting

  

  Shelley Hansell

  Keller Williams Indy Metro NE

  5421 E 21st St, Indianapolis, IN 46218
• 

  

  

  /29

  $165,000

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

  9820 Legends Creek Dr Unit 208, Indianapolis, IN 46229

  Welcome home to this spacious, move-in ready condo in the desirable Legends Creek community! Offering over 1,550 square feet, this second-floor unit features 2 bedrooms, 2 full bathrooms, and an open-concept floor plan designed for comfortable everyday living and easy entertaining. The vaulted great room creates a bright, airy feel and flows seamlessly into the dining area and kitchen, where

  

  Sylva Zhang

  @properties

  9820 Legends Creek Dr Unit 208, Indianapolis, IN 46229
• 

  

  

  /8

  $120,000

  • Land
  • 9,583 Sq Ft
  • $545,455 per Acre

  443 N Beville Ave, Indianapolis, IN 46201

  Imagine the possibilities for your dream home on this double lot! Close to downtown, restaurants, entertainment, shopping, parks and more!

  

  Catherine James

  @properties

  443 N Beville Ave, Indianapolis, IN 46201
• 

  

  

  /11

  $89,000

  • Land
  • 4,356 Sq Ft
  • $890,000 per Acre

  1138 S Randolph St, Indianapolis, IN 46203

  Fantastic opportunity to build in Fountain Square! Located on a block that has numerous new builds and renovations, this is a great location that cannot be beat. The vacant lot is a short walk to all the liveliness in one of Indy's liveliest, downtown cultural centers. Plenty of local shops and unique restaurants to enjoy. Great for investors or to build your personal home. Welcome home to 1138

  

  Nick McNeely

  F.C. Tucker Company

  1138 S Randolph St, Indianapolis, IN 46203
• 

  

  /38

  $182,500

  $7K PRICE DROP

  • 3 Beds
  • 2 Baths
  • 1,286 Sq Ft

  5145 E 20th Place, Indianapolis, IN 46218

  Welcome to 5145 E 20th Place, a charming 3-bedroom, 2-bath bungalow nestled on Indianapolis' east side Ritter Park. Step inside through the inviting sunroom, where walls of windows create a bright, cheerful space perfect for morning coffee or relaxing evenings. The kitchen is both functional and stylish, featuring ample cabinetry, stainless steel appliances, and durable tiled flooring. Two

  

  Christi Coffey

  F.C. Tucker Company

  5145 E 20th Place, Indianapolis, IN 46218
• 

  

  /11

  $135,000

  $10K PRICE DROP

  • 2 Beds
  • 1 Bath
  • 725 Sq Ft

  719 Melvenia St, Indianapolis, IN 46219

  Opportunity for an investor with a tenant in place. Recent updates include: furnace '20; house roof, '23; garage roof, water heater, sump pump and electrical service, '24. The bonus room is being used as a third bedroom. This home also has a two car detached garage.

  

  Mike Cagle

  F.C. Tucker Company

  719 Melvenia St, Indianapolis, IN 46219
• 

  

  /3

  $25,000

  • Land
  • 4,356 Sq Ft
  • $250,000 per Acre

  3109 N Olney St, Indianapolis, IN 46218

  Great opportunity for a builder or investor to secure land in an emerging area. Located just seconds from Washington Park and only 15 minutes from Butler University, this property offers excellent potential for future development. Convenient location with nearby amenities and strong growth in the surrounding area make this a smart investment. Don't miss the chance to grab land in a rapidly

  

  Tyler Carmichael

  eXp Realty, LLC

  3109 N Olney St, Indianapolis, IN 46218
• 

  

  /34

  $125,000

  $10K PRICE DROP

  • 3 Beds
  • 1 Bath
  • 953 Sq Ft

  3707 Rockville Rd, Indianapolis, IN 46222

  Looking for an investment property or a charming starter home on the west side of Indianapolis? This 3 bedroom, one-bath bungalow offers a large living area on the main floor with an electric fireplace, and full basement. This home is locate near the bus line, with convenient access to restaurants, shopping, everyday amenities and close to downtown. Whether you're expanding your portfolio or

  

  Dana Wright

  RE/MAX Advanced Realty

  3707 Rockville Rd, Indianapolis, IN 46222
• 

  

  /26

  $155,000

  • 2 Beds
  • 1 Bath
  • 948 Sq Ft

  524 N Bradley Ave, Indianapolis, IN 46201

  Welcome to 524 N Bradley Street, where charm, character, and opportunity come together! Just minutes from Downtown Indianapolis, this move-in-ready gem is perfect for first-time buyers, savvy investors, or anyone looking for an affordable place to call home. Step inside and you'll love the spacious living room, formal dining area, and gorgeous hardwood floors that bring warmth and timeless

  

  Taylor Thomas

  eXp Realty, LLC

  524 N Bradley Ave, Indianapolis, IN 46201
• 

  

  /30

  $199,900

  • 3 Beds
  • 2 Baths
  • 1,440 Sq Ft

  3315 E Vermont St, Indianapolis, IN 46201

  If you have been waiting for a home that is truly move-in ready, this is it. Nestled in a central location just minutes from downtown, this beautifully renovated 3 bedroom, 2 full bath home has been updated from top to bottom with modern finishes and thoughtful details that make it feel fresh, bright, and completely livable from the moment you walk in. The floor plan flows naturally, the kitchen

  

  Lora Reynolds

  Epique Inc

  3315 E Vermont St, Indianapolis, IN 46201
• 

  

  /22

  $100,000

  $30K PRICE DROP

  • 2 Beds
  • 1 Bath
  • 1,166 Sq Ft

  3305 S Lyons Ave, Indianapolis, IN 46221

  Charming 2-bedroom home with potential for a 3rd bedroom, located on a quiet street in desirable Decatur Township. This property offers a great opportunity for investors or buyers looking to add their personal touch. While it does need updates, the home has solid bones and plenty of upside potential. Spacious layout, functional floor plan, and room to expand make this a smart value-add

  

  Brian Hopson

  F.C. Tucker Company

  3305 S Lyons Ave, Indianapolis, IN 46221
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  /6

  $60,000

  $15K PRICE DROP

  • Land
  • 7,405 Sq Ft
  • $352,941 per Acre

  2225 E Brookside Ave, Indianapolis, IN 46218

  Discover a fantastic opportunity with this great land lot, situated in an emerging neighborhood that is rapidly gaining popularity. With great potential for new construction, this property is perfectly positioned just blocks away from the vibrant Kan-Kan Cinema and an array of delightful restaurants. The lot is conveniently located near Spades Park and Pogues Run, offering residents ample green

  

  Brian Hopson

  F.C. Tucker Company

  2225 E Brookside Ave, Indianapolis, IN 46218
• 

  

  /8

  $60,000

  • Land
  • 1.05 Acres
  • $57,143 per Acre

  1467 W 58th St, Indianapolis, IN 46228

  Seller does not know soil type or if utilities are connected. Buyer to verify all MLS information.

  

  Felicia Banks

  F.C. Tucker Company

  1467 W 58th St, Indianapolis, IN 46228
• 

  

  /25

  $164,900

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

  20 Market St, Indianapolis, IN 46227

  Charming 1909 3 bedroom, 2 bath bungalow with inviting curb appeal, a covered front porch, and a white picket fence in beautiful Southport. Walking distance from the famous Long's Bakery. Step inside to a comfortable living room with ceiling fan, and plenty of natural light. The kitchen offers updated cabinetry, black appliances, and easy-care flooring, with space for a small dining table. The

  

  Barb Bade

  Keller Williams Indy Metro NE

  20 Market St, Indianapolis, IN 46227
• 

  /2

  $49,000

  • Land
  • 6,098 Sq Ft
  • $350,000 per Acre

  1340 W 25th St, Indianapolis, IN 46208

  Great opportunity to own a residential lot in an area of ongoing redevelopment on the near northwest side of Indy. This lot offers potential for a new build or investment property with several renovated and newly updated homes nearby. Convenient access to downtown, I-65, schools, parks, and local amenities. Whether you're a builder, investor, or future homeowner, this property is located in an

  

  Danielle Johnson

  Snyder Strategy Realty, Inc

  1340 W 25th St, Indianapolis, IN 46208
• 

  

  /6

  $35,000

  $10K PRICE INCREASE

  • Land
  • 5,227 Sq Ft
  • $291,667 per Acre

  1746 N Rochester Ave, Indianapolis, IN 46222

  Build your dream home or next investment property on this ready-to-go lot in Wayne Township, Indianapolis! Previously home to a residence that has since been removed, this property offers a major advantage with existing utility access already in place-saving you time and development costs. The lot features convenient street access and is surrounded by mature trees, providing natural beauty and

  

  Lindsay Adams

  Four Points Realty LLC

  1746 N Rochester Ave, Indianapolis, IN 46222
• 

  

  /19

  $165,000

  • 4 Beds
  • 1 Bath
  • 1,128 Sq Ft

  2016 Glenridge Dr, Indianapolis, IN 46218

  This 4-bedroom bungalow in the Wrighthurst subdivision offers a functional two-story layout with a classic aesthetic. The main level features hardwood flooring throughout the living room, formal dining room, and primary bedrooms, while the kitchen is equipped with a tiled backsplash and cabinetry. With a split-bedroom design, the home provides two bedrooms on the main floor and two additional

  

  Fred Krawczyk

  Envoy Real Estate, LLC

  2016 Glenridge Dr, Indianapolis, IN 46218
• 

  

  /6

  $65,000

  $5K PRICE INCREASE

  • Land
  • 8,276 Sq Ft
  • $342,105 per Acre

  2310 Coyner Ave, Indianapolis, IN 46218

  Don't miss this excellent investment or building opportunity in the booming Windsor Park pockets of the Near East Side! This spacious vacant lot is situated in a neighborhood defined by its rich history and fresh modern energy. You will love the close proximity to downtown Indy, local breweries, parks, Circle Center Complex, Bottleworks, Kan Kan, Amelia's bakery and easy highway access. A perfect

  

  Nick McNeely

  F.C. Tucker Company

  2310 Coyner Ave, Indianapolis, IN 46218
• 

  

  /32

  $194,900

  $5K PRICE DROP

  • 2 Beds
  • 2 Baths
  • 980 Sq Ft

  7726 Orchard Village Dr, Indianapolis, IN 46217

  Welcome to this beautifully updated 2-bedroom, 2-bath home in a quiet Indianapolis neighborhood! Featuring brand-new flooring and fresh paint throughout, this home offers a clean, modern feel from the moment you step inside. The kitchen is equipped with sleek stainless steel appliances, perfect for both everyday living and entertaining. The spacious primary suite includes a walk-in closet, a

  

  Christi Coffey

  F.C. Tucker Company

  7726 Orchard Village Dr, Indianapolis, IN 46217
• 

  

  /3

  $195,000

  • 3 Beds
  • 1 Bath
  • 1,506 Sq Ft

  2007 N Oxford St, Indianapolis, IN 46218

  Charming 3-bedroom, 1-bath home that was updated a few years ago! Enjoy relaxing on the large enclosed front porch before entering the bright living room that flows into the dining room. An additional flex space off the living area can serve as a second living room or expanded dining area. The updated full bath features a newer vanity, toilet, and tub/shower with ceramic subway tile surround. The

  

  Lindsay Adams

  Pillario Property Management LLC

  2007 N Oxford St, Indianapolis, IN 46218
• 

  

  /5

  $100,000

  • Land
  • 5,662 Sq Ft
  • $769,231 per Acre

  2454 Guilford Ave, Indianapolis, IN 46205

  An absolute gem of a lot located just north of historic Fall Creek Place! This premium vacant parcel offers a phenomenal opportunity to build in one of Indy's most established and sought-after urban corridors. Enjoy being steps away from the beautiful Fall Creek Parkway trail system, popular local eateries, and a quick straight-shot drive right into downtown or up to Broad Ripple or catch the

  

  Nick McNeely

  F.C. Tucker Company

  2454 Guilford Ave, Indianapolis, IN 46205
• 

  

  /21

  $199,900

  • 2 Beds
  • 1 Bath
  • 1,012 Sq Ft

  237 N 8th Ave, Beech Grove, IN 46107

  Charming 2-bedroom home with a HUGE upstairs bonus room offering endless possibilities! The spacious upper-level bonus room is perfect for a home office, playroom, media room, guest space, hobby room, or additional living area. Enjoy the flexibility of this oversized space while still having two comfortable bedrooms on the main level. Conveniently located near shopping, dining, parks, and major

  

  Brian Hopson

  F.C. Tucker Company

  237 N 8th Ave, Beech Grove, IN 46107
• 

  

  /25

  $196,795

  • 2 Beds
  • 1 Bath
  • 848 Sq Ft

  41 S Post Rd, Indianapolis, IN 46219

  Discover the charm and convenience of 41 S Post RD, an inviting single-family residence in INDIANAPOLIS, IN. Built in 1935, this home is ready to move in, offering a blend of classic appeal and comfortable living designed for a relaxed lifestyle. This delightful home features two well-appointed bedrooms, providing comfortable private spaces. The single full bathroom is thoughtfully designed to

  David Charles REMAX ONE

  41 S Post Rd, Indianapolis, IN 46219
• 

  

  /52

  $141,500

  $8K PRICE DROP

  • 3 Beds
  • 1 Bath
  • 1,096 Sq Ft

  4132 N Vinewood Ave, Indianapolis, IN 46254

  Located in Pike Township, this 3-bedroom home offers a spacious family room with hardwood flooring, a kitchen featuring ample built-in cabinetry, and a convenient mud room. A detached 2-car garage provides additional storage and parking. With some updates and repairs, this property presents a great opportunity to add your personal touch and make it your own. Schedule your showing today!

  Chris Price Keller Williams Indy Metro Partners

  4132 N Vinewood Ave, Indianapolis, IN 46254
• 

  

  /15

  $170,000

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

  3160 Elizabeth St, Indianapolis, IN 46234

  Discover the essence of comfortable living at 3160 Elizabeth ST, INDIANAPOLIS, IN. Built in 1951, this charming single-family residence offers 1200 square feet of thoughtfully designed space, set on a generous 10149 square foot lot. This property provides a perfect canvas for creating your ideal home environment. The residence features 2 bedrooms (a 3rd which is more of an office based on its

  Tony Reffeitt Integrity Real Estate

  3160 Elizabeth St, Indianapolis, IN 46234
• 

  

  /28

  $125,000

  $5K PRICE DROP

  • 1 Bed
  • 1 Bath
  • 847 Sq Ft

  3965 N Meridian St Unit 5E, Indianapolis, IN 46208

  Welcome to Unit 5E at 3965 N Meridian Street-an elegant and well-maintained condo located in one of Indianapolis' most desirable and historic corridors. This spacious unit offers a blend of classic charm and modern convenience, featuring generous living areas, abundant natural light, and timeless architectural details throughout. Enjoy a functional layout with comfortable living and dining

  Antwon Culbreath Redfin Corporation

  3965 N Meridian St Unit 5E, Indianapolis, IN 46208
• 

  

  /27

  $115,000

  $30K PRICE DROP

  • 2 Beds
  • 1.5 Baths
  • 1,206 Sq Ft

  1935 Bridgton Ct, Indianapolis, IN 46219

  Seller is willing to offer concessions if written in an offer. Experience refined urban living in this stunning, move-in ready Indianapolis condo featuring two bedrooms and 1.5 baths. This bright and airy home welcomes you through a private entrance into a spacious floor plan that has been thoughtfully updated from top to bottom. The expansive living room flows seamlessly into a large eat-in

  Joseph Horan Redfin Corporation

  1935 Bridgton Ct, Indianapolis, IN 46219
• 

  

  /16

  $175,000

  $5K PRICE DROP

  • 3 Beds
  • 1.5 Baths
  • 1,034 Sq Ft

  4147 Bowman Ave, Indianapolis, IN 46227

  Investment Opportunity Near the University of Indianapolis! This move-in-ready 3-bedroom, 1.5-bath ranch offers exceptional potential for investors, first-time homebuyers, and those seeking a strong rental property in a high-demand Indianapolis location. Situated on the city's south side, this property is just minutes from the University of Indianapolis, major employers, I-65, downtown

  Antwon Culbreath Redfin Corporation

  4147 Bowman Ave, Indianapolis, IN 46227
• 

  

  /20

  $15,900

  $9K PRICE DROP

  • Land
  • 3,920 Sq Ft
  • $176,667 per Acre

  1030 W 29th St, Indianapolis, IN 46208

  Prime 30x126 Residential Lot - 1030 W 29th St, Indianapolis, IN 462083,780 Sq Ft | Zoned Single-Family | Seller Financing AvailableHere’s your chance to secure an affordable 30 ft x 126 ft residential lot in the highly desirable Riverside neighborhood of Indianapolis. At 3,780 sq ft, this parcel is the perfect blank canvas, ideal for a custom dream home, a build-to-rent property,

  Barad Zrien JJ investments inc

  1030 W 29th St, Indianapolis, IN 46208
• 

  

  /26

  $119,900

  • 2 Beds
  • 1 Bath
  • 964 Sq Ft

  5229 W Caven St, Indianapolis, IN 46241

  Charming 1928 bungalow on a rare, fully fenced triple lot in Drexel Gardens! This move-in-ready 2-bedroom home offers a functional 964 sq. ft. layout featuring laminate flooring, an eat-in kitchen with gas appliances, and a dedicated laundry area. Modern mechanicals include central air and a 100-amp service. The exterior is a hobbyist's dream, boasting an oversized 576 sq. ft. detached 2-car

  Samuel Nieves-Montanez Trelora Realty

  5229 W Caven St, Indianapolis, IN 46241
• 

  

  /48

  $120,999

  $14K PRICE DROP

  • 3 Beds
  • 1 Bath
  • 1,152 Sq Ft

  406 S Butler Ave, Indianapolis, IN 46219

  Charming 3-Bedroom Home Near Irvington - FHA & VA Financing Welcomed! Located at 406 S Butler Avenue in Indianapolis, this 3-bedroom, 1-bath home features a 1-car detached garage and a full basement. Just minutes from the highly desirable Irvington neighborhood, the property sits in an area experiencing continued appreciation and revitalization. Inside, you'll find a functional layout with an

  Gregory Hagan EDGE Realty Group, INC

  406 S Butler Ave, Indianapolis, IN 46219
• 

  

  /15

  $175,000

  New Construction

  • 3 Beds
  • 2 Baths
  • 960 Sq Ft

  2144 N Drexel Ave, Indianapolis, IN 46218

  A residence of comfort awaits at 2144 N Drexel AVE in INDIANAPOLIS, IN, USA, presenting itself as an inviting home, thoroughly ready for immediate enjoyment. The heart of daily living finds its expression within the kitchen, where sleek shaker cabinets provide an elegant foundation for culinary pursuits and storage solutions. One of the full bathrooms offers a serene retreat, featuring a

  Andrew Heimer Heimer Real Estate LLC

  2144 N Drexel Ave, Indianapolis, IN 46218
• 

  

  /43

  $159,900

  $10K PRICE DROP

  • 3 Beds
  • 1 Bath
  • 980 Sq Ft

  555 Woodrow Ave, Indianapolis, IN 46241

  Come checkout this property full of original character. Features three great size bedrooms. You walk into a nice living room that leads to dining room and kitchen. Im's sure you'll like the ample back yard. The property sits on 2 lots and is fenced.

  Braulio Moreno F.C. Tucker Company

  555 Woodrow Ave, Indianapolis, IN 46241
• 

  

  /16

  $198,900

  $16K PRICE DROP

  • 2 Beds
  • 1 Bath
  • 910 Sq Ft

  444 N Bancroft St, Indianapolis, IN 46201

  Some renovations strip away a home's character. This one protected it. Behind the timeless Craftsman details is a home that's been comprehensively updated, so you can enjoy the warmth and craftsmanship of a vintage home without inheriting a long list of expensive projects. Original hardwood floors, classic millwork, and the signature Craftsman room divider preserve the home's personality while

  Deb S Kent Compass Indiana, LLC

  444 N Bancroft St, Indianapolis, IN 46201
• 

  

  /31

  $184,900

  • 3 Beds
  • 2 Baths
  • 2,094 Sq Ft

  3906 N Tacoma Ave, Indianapolis, IN 46205

  Welcome home to this beautifully updated single-family residence located in the Waldemere area near Meadow and the State Fairgrounds. Offering over 1,900 square feet of living space, this home features 3 bedrooms, 2 full bathrooms, and plenty of flexible living areas. Upon arrival, you're greeted by a charming covered front porch-perfect for relaxing and enjoying your morning coffee. Step inside

  Rosie Berzenye T&H Realty Services, Inc.

  3906 N Tacoma Ave, Indianapolis, IN 46205
• 

  

  /13

  $139,500

  $16K PRICE DROP

  • 2 Beds
  • 1 Bath
  • 1,140 Sq Ft

  5222 E Saint Clair St, Indianapolis, IN 46219

  Outstanding opportunity in the heart of Irvington this bungalow has a lot of character and old world charm to bring back to life. Enjoy the oversized open front porch or relax in the extra large living room with a gas fireplace and original woodwork. Just a few steps away from Ellenberger Park with amenities close by such as tennis or pickleball courts, playgrounds, Pennsy Trail great for biking

  Scott White Apex Realty

  5222 E Saint Clair St, Indianapolis, IN 46219
• 

  /2

  $139,000

  • 2 Beds
  • 1 Bath

  1426 Southview Dr, Indianapolis, IN 46227

  Property is available for online auction only. See Realty Bid for property, auction, & bidding information. *No showings, no trespassing.

  Brian Brockman Bang Realty

  1426 Southview Dr, Indianapolis, IN 46227
• 

  

  /18

  $180,000

  $20K PRICE DROP

  • 3 Beds
  • 2 Baths
  • 1,364 Sq Ft

  2121 N Butler Ave, Indianapolis, IN 46218

  Charming 3-bedroom, 2-bath home on the East side of Indianapolis offering a spacious great room perfect for gatherings and everyday living. Enjoy a dedicated dining area ideal for hosting family and friends. This home offers a functional layout with plenty of space to make it your own. Whether you're a first-time buyer or investor, this property presents a wonderful opportunity to bring your

  Karla Olayo BluPrint Real Estate Group

  2121 N Butler Ave, Indianapolis, IN 46218
• 

  

  /13

  $125,000

  $10K PRICE DROP

  • Land
  • 7,405 Sq Ft
  • $735,294 per Acre

  402 E 32nd St, Indianapolis, IN 46205

  An incredible opportunity awaits with this expansive corner lot offering over 7,300 square feet of buildable potential. Ideally located just minutes from downtown and the Monon Trail, this property places you near some of the city's most desirable amenities-shopping, dining, and entertainment-while still offering the space and flexibility to create something truly special. Surrounded by ongoing

  DeAnna Andrew BLK Key Realty

  402 E 32nd St, Indianapolis, IN 46205

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