Indianapolis, IN Homes for Sale under $200,000

• 

  

  

  /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
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  /7

  $199,000

  • 4 Beds
  • 1 Bath
  • 1,421 Sq Ft

  610 S Arlington Ave, Indianapolis, IN 46219

  Discover the potential waiting at 610 S Arlington AVE, INDIANAPOLIS, IN. This single-family residence in INDIANAPOLIS, Indiana, presents an opportunity to craft your ideal living space. Within this home, you will find four bedrooms, each offering a private retreat for rest and rejuvenation. The single full bathroom provides a functional space for personal care, designed to meet everyday needs.

  Sharanjit Nagra Nagra Realty Inc

  610 S Arlington Ave, Indianapolis, IN 46219
• 

  

  

  /43

  $169,900

  • 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
• 

  

  

  /21

  $185,000

  • 3 Beds
  • 2 Baths
  • 1,392 Sq Ft

  3759 Black Locust Dr, Indianapolis, IN 46235

  3759 Black Locust Dr. offers a charming single-family residence built in 1994, offering 1392 square feet of thoughtfully designed living space. This bi-level home is a testament to comfortable living, situated on a generous 11,413 square foot lot, providing ample outdoor potential. The property encompasses three well-proportioned bedrooms, offering private retreats for all occupants.

  Daniel Witte Witte Realty Group LLC

  3759 Black Locust Dr, Indianapolis, IN 46235
• 

  

  

  /13

  $155,000

  • 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
• 

  

  /18

  $195,000

  $5K 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
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  /24

  $155,000

  • 2 Beds
  • 1 Bath
  • 648 Sq Ft

  1614 E Kelly St, Indianapolis, IN 46203

  Fantastic Updated and Move In Ready Home!! The Furnace is New, the Water Heater is New the A/C is New, New Sidewalk, New Patio, New Privacy Fence, New Windows, New Appliances, Neutral Paint Throughout. Nothing to do here but move in and enjoy your new home. Spend some quality time in your very private back yard on your brand new patio. If you have been looking for a beautiful, cozy and affordable

  Julie Cromer Epique Inc

  1614 E Kelly St, Indianapolis, IN 46203
• 

  

  /23

  $168,000

  $22K PRICE DROP

  • 3 Beds
  • 1.5 Baths
  • 1,076 Sq Ft

  4419 Pepperidge Ct, Indianapolis, IN 46235

  Charming, completely renovated home. Large, secluded backyard with mature trees and a fire pit. Newly roof, 2023. Brand new flooring, fresh paint. Lawrence School. House is ready for your business and/or leisure. The house has been successfully rented out for several decades.

  Tatiana Wheeler GOOD JOB REALTY LLC

  4419 Pepperidge Ct, Indianapolis, IN 46235
• 

  

  /27

  $165,000

  $5K PRICE DROP

  • 2 Beds
  • 1 Bath
  • 914 Sq Ft

  1857 Calvin St, Indianapolis, IN 46203

  Nestled at 1857 Calvin ST in INDIANAPOLIS, IN, USA, awaits a single family residence presented as a ready-to-move-in and inviting home. This property, built in 1959, offers a charming and comfortable living experience across its 914 square feet of carefully designed space.

  Laura Moreno F.C. Tucker Company

  1857 Calvin St, Indianapolis, IN 46203
• 

  

  /13

  $159,900

  $20K PRICE DROP

  • 3 Beds
  • 2 Baths
  • 1,849 Sq Ft

  3326 W Michigan St, Indianapolis, IN 46222

  This 3-bedroom, 2-bath Dutch Colonial blends timeless charm with thoughtful updates, offering a home that's ready for your personal touches. Located just minutes from IUPUI, Downtown Indy, and the Zoo, it sits on a spacious, fully fenced lot with a detached garage and room to grow. Inside, you'll find a refreshed kitchen with clean lines and practical flow, two well-appointed bathrooms designed

  Anthony Burris Resilient Realty Investments

  3326 W Michigan St, Indianapolis, IN 46222
• 

  

  /14

  $164,900

  $15K PRICE DROP

  • 2 Beds
  • 1 Bath
  • 796 Sq Ft

  2510 S Pennsylvania St, Indianapolis, IN 46225

  Solid 2-Bedroom Opportunity Near Downtown - Perfect for Investors! New furnace installed in December 2025. This home has great bones and is ready for your finishing touches! Featuring 2 bedrooms and 1 bath, it's ideally located close to downtown, shopping, and IPS schools-making it a smart choice for a flip, rental, or Airbnb investment. Currently rented on a month-to-month lease, this property

  Todd Campbell United Real Estate Indpls

  2510 S Pennsylvania St, Indianapolis, IN 46225
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  /7

  $160,000

  $5K PRICE DROP

  • 3 Beds
  • 1 Bath
  • 1,282 Sq Ft

  1145 W 29th St, Indianapolis, IN 46208

  Great opportunity for an up and coming area. Remodeled 3 bedroom home that is move in ready. Was previously used as a rental.

  Whitney Christy Ever Real Estate, LLC

  1145 W 29th St, Indianapolis, IN 46208
• 

  

  /10

  $155,000

  • 3 Beds
  • 1.5 Baths
  • 1,421 Sq Ft

  3723 Joan Place, Indianapolis, IN 46226

  Turnkey opportunity for investors looking to add a solid property to their portfolio-or for those ready to step into real estate investing for the first time. This 3-bedroom, 1.5-bath home offers 1,421 sq ft of functional living space plus the convenience of a 1-car garage. Some updates include - Water Heater in 2022, AC in 2021 and sewer line replaced from the house to the sidewalk -2021.

  Luci Chalian CENTURY 21 Scheetz

  3723 Joan Place, Indianapolis, IN 46226
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  /38

  $159,000

  $20K PRICE DROP

  • 4 Beds
  • 2 Baths
  • 1,830 Sq Ft

  445 W 29th St, Indianapolis, IN 46208

  Discover the charm and comfort of 445 W 29th St in Indianapolis-a spacious 1,830 sq. ft. home designed for effortless living. This inviting residence features four well-sized bedrooms, offering plenty of space and privacy for family, guests, or a dedicated home office. Two full bathrooms ensure smooth, stress-free mornings for everyone. An open, light-filled layout enhances the home's warm and

  Wes Johnston Trueblood Real Estate

  445 W 29th St, Indianapolis, IN 46208
• 

  

  /13

  $165,000

  • 3 Beds
  • 2 Baths
  • 1,984 Sq Ft

  4257 Weaver Ave, Indianapolis, IN 46227

  This charming all-brick ranch is ready to welcome a new family willing to roll up their sleeves and add their personal touch. While this home needs some tender loving care, it offers incredible potential, with its solid foundation and good bones promising years of comfortable living. The three-bedroom, two-bathroom layout provides ample space for growing families, with a partially updated kitchen

  Jamie Suchotzky Red Hot, REALTORS LLC

  4257 Weaver Ave, Indianapolis, IN 46227
• 

  

  /27

  $164,900

  $5K PRICE DROP

  • 3 Beds
  • 1 Bath
  • 900 Sq Ft

  7840 Roseway Ct, Indianapolis, IN 46226

  A move in ready 3 Bed 1 Bath ranch brick home in Warren Township. This property would make a great first home, rental property or for someone looking to downsize. Lots of updates on this home including fresh paint throughout. This property sits on a nice sized lot which will be great for outdoor enjoyment or entertaining.

  Shannon Adair Canon Real Estate Services LLC

  7840 Roseway Ct, Indianapolis, IN 46226
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  /35

  $154,900

  • 3 Beds
  • 1.5 Baths
  • 1,496 Sq Ft

  4346 N Irwin Ave, Indianapolis, IN 46226

  This classic brick ranch features three spacious bedrooms and one and a half bathrooms across nearly 1,500 square feet of single-level living space. The interior layout includes a formal living room, a separate dining area, and a large family room centered around a masonry wood-burning fireplace. Outside, the property boasts a low-maintenance, 100% brick exterior, an attached two-car garage, and

  Isabella Frazier Trelora Realty

  4346 N Irwin Ave, Indianapolis, IN 46226
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  /26

  $158,900

  • 2 Beds
  • 1.5 Baths
  • 1,334 Sq Ft

  2524 Chaseway Ct, Indianapolis, IN 46268

  This inviting home is ready for immediate occupancy and combines comfort and convenience for those who appreciate refined living. This home presents a practical advantage of a dedicated laundry room, a built-in garage for convenience, and a welcoming porch, perfect for enjoying quiet mornings or peaceful evenings. Embrace the opportunity to experience this exceptional property firsthand; schedule

  Olugbenga Akinbola Highgarden Real Estate

  2524 Chaseway Ct, Indianapolis, IN 46268
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  /16

  $155,000

  • 2 Beds
  • 1.5 Baths
  • 1,351 Sq Ft

  1633 Finley Ave, Indianapolis, IN 46203

  Situated at 1633 Finley AVE in INDIANAPOLIS, IN, USA, this single family residence, built in 1928, presents an inviting home ready for immediate enjoyment. This single story dwelling encompasses 823 square feet of thoughtfully arranged living area. The heart of daily activity, the kitchen, features elegant stone countertops that provide both beauty and practicality, complemented by a stylish

  Auntonio Brown Keller Williams Indpls Metro N

  1633 Finley Ave, Indianapolis, IN 46203
• 

  

  /31

  $159,900

  $5K PRICE DROP

  • 3 Beds
  • 2 Baths
  • 1,064 Sq Ft

  9254 E 39th Place, Indianapolis, IN 46235

  Move-in-ready home in Sheffield Woods! This 3 bedroom, 2 bath home provides an open-concept main level with spacious living, kitchen and dining areas, along with a convenient main-floor laundry. Generous lot with mature landscaping. Perfect blend of suburban comfort and city accessibility!

  Isabella Frazier Trelora Realty

  9254 E 39th Place, Indianapolis, IN 46235
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  /42

  $154,900

  $5K PRICE DROP

  • 3 Beds
  • 1 Bath
  • 1,088 Sq Ft

  424 Harvard Place, Indianapolis, IN 46208

  Welcome to this charming home located in the desirable Butler-Tarkington area of Indianapolis. Nestled on a quiet residential street, this property offers classic character and a traditional layout with plenty of potential for customization. The home features inviting living spaces filled with natural light, along with a functional floor plan that supports both everyday living and entertaining.

  Isabella Frazier Trelora Realty

  424 Harvard Place, Indianapolis, IN 46208
• 

  

  /22

  $159,000

  $6K PRICE DROP

  • 3 Beds
  • 1 Bath
  • 1,005 Sq Ft

  2347 Villa Ave, Indianapolis, IN 46203

  This charming 3-bedroom, 1-bath bungalow on Villa Ave is turn-key and ready for its next owner. The oversized primary bedroom sets this home apart from others in the neighborhood, offering space and comfort that's hard to find at this price point. From there, you may step outside onto your large back deck through the sliding glass doors for your morning coffee. Prefer more shade?You'll enjoy the

  Justin Capps Ferris Property Group

  2347 Villa Ave, Indianapolis, IN 46203
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  /9

  $160,000

  • 3 Beds
  • 1 Bath
  • 1,508 Sq Ft

  426 Eastern Ave, Indianapolis, IN 46201

  Sandra Moreno Corona F.C. Tucker Company

  426 Eastern Ave, Indianapolis, IN 46201
• 

  

  /25

  $159,900

  $20K PRICE DROP

  • 3 Beds
  • 1 Bath
  • 968 Sq Ft

  4018 Boulevard Place, Indianapolis, IN 46208

  Welcome to 4018 Boulevard Place, a freshly updated three-bedroom, one-bath home in the heart of the Butler-Tarkington area. This move-in ready property offers a bright living space with natural light, spacious bedrooms, and an updated bathroom, blending charm with modern comfort. Enjoy a private backyard perfect for relaxing or entertaining. Just minutes from the Children's Museum, Newfields,

  Ryan Boyd Trueblood Real Estate

  4018 Boulevard Place, Indianapolis, IN 46208
• 

  

  /30

  $157,000

  • 3 Beds
  • 1 Bath
  • 1,212 Sq Ft

  6232 Raleigh Dr, Indianapolis, IN 46219

  Charming 3-bedroom, 1-bath ranch-style home built in 1949, full of warmth and character. This inviting home features a nicely updated kitchen with a cozy breakfast area and a separate dining room perfect for family meals or entertaining guests. The comfortable living area offers a welcoming atmosphere. Step outside to enjoy the gorgeous backyard with a spacious yard ideal for barbecues,

  Kristal Muñoz RE/MAX At The Crossing

  6232 Raleigh Dr, Indianapolis, IN 46219
• 

  

  /15

  $189,999

  $20K PRICE DROP

  • 4 Beds
  • 2 Baths

  40 N Lasalle St, Indianapolis, IN 46201

  Welcome to 40 N Lasalle, where this charming duplex awaits you! This is the perfect opportunity to invest in the future and secure your financial freedom. This property is the definition of the phrase, "two for the price of one," as it features two spacious units, each with two bedrooms, one bathroom, and ample living space. both units are occupoied. this property is versatile and sure to meet

  Christine Saleeb Trueblood Real Estate

  40 N Lasalle St, Indianapolis, IN 46201
• 

  

  /10

  $149,900

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

  3570 Decamp Dr, Indianapolis, IN 46226

  Showings will Start 5-8-2026 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

  Priscilla Russell Hall & Russell Real Estate Group

  3570 Decamp Dr, Indianapolis, IN 46226
• 

  

  /10

  $149,450

  • 4 Beds
  • 1 Bath
  • 1,082 Sq Ft

  3915 Hillside Ave, Indianapolis, IN 46205

  Beautiful 4 bedroom, 1 bathroom available now! This property has a spacious main floor as well as finished upstairs adding additional bedrooms or living space. This property is ready for you to move right in or add this to your portfolio of investments. Enjoy this central location to all of Indy's amenities such as events at the Fairgrounds or easy access to downtown for Indy's flourishing food

  Maxwell Richter Wilmoth Group

  3915 Hillside Ave, Indianapolis, IN 46205
• 

  

  /33

  $179,900

  • 3 Beds
  • 1 Bath
  • 912 Sq Ft

  5012 Gambel Rd, Indianapolis, IN 46221

  Charming 3-bedroom, 1-bath single-story home located on the southwest side of Indianapolis. This property features a functional floor plan with comfortable living spaces and well-sized bedrooms. Situated on a residential lot with driveway parking and a spacious yard, it offers potential for outdoor enjoyment or future improvements. Conveniently located near schools, shopping, dining, and major

  Isabella Frazier Trelora Realty

  5012 Gambel Rd, Indianapolis, IN 46221
• 

  

  /13

  $129,500

  $6K PRICE DROP

  • Land
  • 7,405 Sq Ft
  • $761,765 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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  /30

  $185,000

  $5K PRICE DROP

  • 2 Beds
  • 1.5 Baths
  • 1,567 Sq Ft

  4936 Tuscany Ln, Indianapolis, IN 46254

  Experience refined condominium living at 4936 Tuscany Lane in Pike Township, where comfort meets everyday convenience. This inviting two-story residence features a thoughtfully designed layout with an open, airy feel ideal for both relaxation and entertaining. The main level offers an open-concept living and dining area that creates a welcoming space for everyday living. Upstairs, a versatile

  Hakeem Bean Buy With Beanz Real Estate LLC

  4936 Tuscany Ln, Indianapolis, IN 46254
• 

  

  /18

  $199,000

  • 2 Beds
  • 2 Baths
  • 924 Sq Ft

  933 N Tuxedo St, Indianapolis, IN 46201

  This Stunner has been completely renovated, and the list of what's new here is the kind that actually matters. New roof, New kitchen with granite countertops and stainless steel appliances. New hardwood floors throughout. Two bedrooms, two full baths, and a master bathroom that stop you in your tracks! The mudroom is a practical touch that a lot of homes at this price point skip entirely - and I

  Gabriel Moore @properties

  933 N Tuxedo St, Indianapolis, IN 46201
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  /33

  $199,900

  $5K PRICE DROP

  • 3 Beds
  • 2 Baths
  • 1,554 Sq Ft

  4004 E Michigan St, Indianapolis, IN 46201

  Step into charm and modern comfort in this beautifully updated 3 bedroom, 2 full bath home in Emerson Heights, just minutes from Irvington's shops, dining, and local charm. Thoughtfully updated throughout, this move in ready home offers a functional layout with versatile living spaces to fit any lifestyle. Inside, you'll find fresh interior paint, new vinyl plank flooring, and updated carpet

  Andrea Metcalf F.C. Tucker Company

  4004 E Michigan St, Indianapolis, IN 46201
• 

  

  /20

  $169,900

  • 3 Beds
  • 1 Bath
  • 1,036 Sq Ft

  1170 N Concord St, Indianapolis, IN 46222

  Move-in ready home with great potential! This property offers a comfortable layout and is ready for its new owner. Only minor cosmetic updates are needed to make it truly shine. A wonderful opportunity for homeowners or investors looking for a solid property with room to add personal touches. Conveniently located near local amenities, schools, and major roadways. Seller willing to provide some

  Dennis Soriano eXp Realty, LLC

  1170 N Concord St, Indianapolis, IN 46222
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  /21

  $130,000

  $10K PRICE DROP

  • 4 Beds
  • 2 Baths

  409 N Centennial St, Indianapolis, IN 46222

  INVESTOR SPECIAL!!! The newest cash flowing duplex just hit the market. Each side is equipped with 2 bedrooms, dining room, and laundry hookups. Updated flooring lets new tenant move right in. On the other side, long term tenants give you peace of mind. Tenants right apply; please do not disturb tenants if passing by. With one side vacant, this give any buyer the opportunity to live in one side

  Ali Rahimi Trueblood Real Estate

  409 N Centennial St, Indianapolis, IN 46222
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  /8

  $118,000

  $5K PRICE DROP

  • 2 Beds
  • 1 Bath
  • 1,554 Sq Ft

  1334 Calhoun St, Indianapolis, IN 46203

  RENTED FOR $1,150/MONTH, this property offers an investor instant cash flow on day one. This 2-bed/1-bath home features a detached garage - a rare find at this price point - with easy I-65 access putting downtown Indianapolis just minutes away. Lease runs through July 2026.

  Max Moore @properties

  1334 Calhoun St, Indianapolis, IN 46203
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  /16

  $175,000

  $5K PRICE DROP

  • 2 Beds
  • 2 Baths
  • 1,120 Sq Ft

  2709 Westbrook Ave, Indianapolis, IN 46241

  Presenting a nice single-family residence, This property offers 1120 square feet of meticulously designed living space, set upon a generous 7754 square foot lot. The residence features two proportioned bedrooms, providing private accommodations. Complementing the living spaces are two full bathrooms, each thoughtfully appointed to serve residents and guests with convenience and style. This

  Henry Arias Indiana Real Estate Group, LLC

  2709 Westbrook Ave, Indianapolis, IN 46241
• 

  

  /20

  $145,000

  • 3 Beds
  • 1 Bath
  • 946 Sq Ft

  3743 Crescent Ave, Indianapolis, IN 46208

  Charming 3 bedroom 1 bath home perfect for a first time homebuyer or investment opportunity! Centrally and conveniently located close to downtown, this property offers comfortable living space with great potential. Currently tenant-occupied, it provides immediate rental income for investors. A great opportunity to addition your portfolio or make your own home in desirable location close to

  Awett Tedla F.C. Tucker Company

  3743 Crescent Ave, Indianapolis, IN 46208
• 

  

  /33

  $104,900

  • 3 Beds
  • 1 Bath
  • 980 Sq Ft

  3711 N Butler Ave, Indianapolis, IN 46218

  Charming single-family home located in the Arlington Woods area of Indianapolis. This property features a practical layout with multiple bedrooms and a full bath, offering a solid opportunity for homeowners or investors. Conveniently situated near local roads, schools, and essential amenities, the home provides easy access to downtown Indianapolis while maintaining a quiet residential setting.

  Isabella Frazier Trelora Realty

  3711 N Butler Ave, Indianapolis, IN 46218
• 

  

  /18

  $150,000

  • 2 Beds
  • 2 Baths
  • 993 Sq Ft

  4391 Village Parkway Cir W Unit 5, Indianapolis, IN 46254

  Prepare for a delightful discovery at 4391 Village Parkway CIR W Unit 5, a truly attractive condominium in INDIANAPOLIS, IN, built in 1987. This charming 993-square-foot abode is in great condition and ready for its next adventure with you! The kitchen is a culinary playground, featuring sleek stone counters that are as practical as they are pretty, and a peninsula perfect for casual breakfasts

  Olamide Omotunde eXp Realty LLC

  4391 Village Parkway Cir W Unit 5, Indianapolis, IN 46254

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