Indianapolis, IN Homes for Sale under $200,000

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  /2

  $115,000

  • 2 Beds
  • 1 Bath
  • 832 Sq Ft

  1440 Herschell Ave, Indianapolis, IN 46202

  Low entry point investment property walking distance from Riverside Park! Currently tenant occupied through September 2026 at $1,425 per month.

  Max Moore @properties

  1440 Herschell Ave, Indianapolis, IN 46202
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  /35

  $159,900

  • 3 Beds
  • 1 Bath
  • 925 Sq Ft

  419 Berkley Rd, Indianapolis, IN 46208

  This li'l sweetie is nestled neatly into a delightful parcel and stretch of Berkley with amazing walkability/proximity to Butler University. Fully fenced rear yard can easily accommodate a future garage. Bring your vision and transform/add to this no nonsense 1930 ranch - OR - seamless use as a rental property for years to come. Three bedrooms, 1 bath, generous living area, all appliances remain,

  Jonathan Eriksen CENTURY 21 Scheetz

  419 Berkley Rd, Indianapolis, IN 46208
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  /23

  $170,000

  • 3 Beds
  • 1 Bath
  • 744 Sq Ft

  8231 E 50th St, Indianapolis, IN 46226

  Nestled in the highly sought-after Harrison Park neighborhood in Lawrence Township, this stunningly updated 3-bedroom home offers the perfect blend of modern style and everyday functionality. Step inside to discover a bright, open-concept floorplan that's perfectly suited for today's living. Freshly painted walls, newer flooring, and updated light fixtures create a warm, inviting ambiance

  Andy Tresize Compass Indiana, LLC

  8231 E 50th St, Indianapolis, IN 46226
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  /29

  $189,900

  • 3 Beds
  • 2 Baths
  • 1,104 Sq Ft

  4306 Hoyt Ave, Indianapolis, IN 46203

  Fully updated 3 bedroom 2 bathroom home in Christian Park! Large living room with tons of natural light. Primary suite has double closets, ensuite bathroom and linen closet. Second and third bedrooms are tucked away near the back of the home with immediate access to second full bathroom. Massive kitchen is great for additional gathering space and plenty of options for dining area. Fully fenced in

  Joel Newman Blue Sky Realty Group

  4306 Hoyt Ave, Indianapolis, IN 46203
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  /42

  $114,500

  • 6 Beds
  • 2 Baths

  412 N Oakland Ave, Indianapolis, IN 46201

  BANK OWNED - Double that was converted by prior owner to 2 sep. condominiums. The whole building is for sale not just the individual units. 3BR's 1 Bath per side with basement. Alley access for rear parking. This one could be made to be nice and possibly rent for $1,000+ a month. It is missing electrical so there is no power. Take a flash light to show. No utilities to inspect. Please, view

  Jackie Lovell New Quantum Realty Group

  412 N Oakland Ave, Indianapolis, IN 46201
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  /2

  $149,000

  • Land
  • 4.94 Acres
  • $30,162 per Acre

  4459 Mann Rd, Indianapolis, IN 46221

  4.94 acres of wooded residential development land zoned D-6II (Dwelling District Six II) located in Indianapolis. The D-6II zoning classification supports high-density residential development, including multifamily apartments, townhomes, and cluster-style housing configurations, making the site well suited for a variety of residential development concepts. The property is located in close

  Jaskaran Jossan Keller Williams Indy Metro S

  4459 Mann Rd, Indianapolis, IN 46221
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  /20

  $175,000

  • 4 Beds
  • 2 Baths
  • 1,884 Sq Ft

  7919 Penway St, Indianapolis, IN 46226

  Tucked into an established neighborhood with mature trees and a welcoming feel, this 4-bedroom bi-level offers space, flexibility, and a great opportunity to make it your own. The main level features a comfortable layout filled with natural light, with a living area that flows easily into the kitchen and dining space perfect for everyday living or gathering with friends and family. Downstairs,

  Lisa Bishop CENTURY 21 Scheetz

  7919 Penway St, Indianapolis, IN 46226
• 

  

  /27

  $195,000

  • 3 Beds
  • 1 Bath
  • 888 Sq Ft

  4048 Breton St, Indianapolis, IN 46222

  Welcome to this beautifully updated 3-bedroom, 1-bath home located in Indianapolis! This move-in-ready property blends modern updates with cozy charm, making it perfect for homeowners or investors alike. Step inside to find a bright and inviting living space with fresh finishes throughout. Outside, enjoy a cozy gravel perfect seating area-perfect for relaxing summer nights, entertaining guests,

  Jonathan Chavez Figueroa Chavez Realty LLC

  4048 Breton St, Indianapolis, IN 46222
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  /7

  $134,900

  • 3 Beds
  • 2 Baths
  • 2,108 Sq Ft

  721 Ketcham St, Indianapolis, IN 46222

  Located at 721 Ketcham Street in Indianapolis, this property offers a solid opportunity for investors seeking immediate rental income. The home is currently tenant-occupied, providing cash flow from day one. The property features a functional layout with comfortable living space, making it well-suited for long-term rental demand. Its location places you just minutes from Fountain Square, known

  Mark Jones PMI Midwest

  721 Ketcham St, Indianapolis, IN 46222
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  /21

  $125,000

  • 2 Beds
  • 1.5 Baths
  • 960 Sq Ft

  8318 Meadowlark Dr, Indianapolis, IN 46226

  Residing at 8318 Meadowlark DR in INDIANAPOLIS, IN, USA, this condominium presents itself as an inviting home, perfectly poised for immediate enjoyment. Within this residence, two bedrooms offer private retreats, each providing a tranquil space for repose and personal sanctuary. These rooms contribute to a serene environment, ideal for quiet moments and restful slumber. The convenience of daily

  Delia Webster F.C. Tucker Company

  8318 Meadowlark Dr, Indianapolis, IN 46226
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  /36

  $149,900

  • 2 Beds
  • 2 Baths
  • 2,096 Sq Ft

  434 Wallace Ave, Indianapolis, IN 46201

  Charming Craftsman-style home featuring 2 bedrooms and 2 full baths, blending classic character with modern updates. Enjoy an updated kitchen with a spacious pantry and a layout that's perfect for entertaining. Original hardwood floors add warmth and character throughout. The updated full bathroom in the basement offers added convenience and flexibility. Relax on the inviting front porch or host

  Amber Vermeulen Ever Real Estate, LLC

  434 Wallace Ave, Indianapolis, IN 46201
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  /17

  $150,000

  • 5 Beds
  • 2.5 Baths
  • 1,862 Sq Ft

  642 Udell St, Indianapolis, IN 46208

  You won't want to miss out on this investment opportunity. Large 5 bedroom 2.5 bath home featuring a fenced in back yard, 2 main level bedrooms, and a finished attic area for many different uses. You will be hard pressed to find a better investment in the area.

  Daniel Witte Witte Realty Group LLC

  642 Udell St, Indianapolis, IN 46208
• 

  

  /18

  $187,000

  • 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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  /11

  $130,000

  • Land
  • 0.12 Acre
  • $1,083,333 per Acre

  1614 Bellefontaine St, Indianapolis, IN 46202

  OLD NORTHSIDE- opportunity to build a home on this charming and trendy street. Easy access to the Monon Trail. Near the Bottle District and Mass Ave. 135' deep and 40' wide. .12 acres. Flat. City water and sewer nearby.

  Angela Miller Brees Berkshire Hathaway Home

  1614 Bellefontaine St, Indianapolis, IN 46202
• 

  

  /18

  $124,900

  • 3 Beds
  • 1 Bath
  • 1,616 Sq Ft

  3619 Lori Ln, Indianapolis, IN 46226

  Situated at 3619 Lori LN, INDIANAPOLIS, IN, USA, this single family residence presents a great opportunity for handy homeowners and astute investors alike. Within its 1616 square feet of living area, this residence provides 3 bedrooms and 1 bathroom on the upper level while having a large living space as you enter the home and a lower level space for a family/rec room. Constructed in 1960, this

  Kurt Clements Diverse Property Solutions Ind

  3619 Lori Ln, Indianapolis, IN 46226
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  /28

  $145,000

  • 3 Beds
  • 1 Bath
  • 1,080 Sq Ft

  2949 Shriver Ave, Indianapolis, IN 46208

  Mid-North Gateway charmer. Adorable home in a little pocket close to the new IU Hospital campus, Children's Museum and Downtown Indy. Built in 2007, this 3-bed, 1-bath cutie would make a great starter home or short/long term rental. NEW ROOF and HVAC alert! New flooring, fresh interior paint and augmented attic insulation, too. Tons of closet space. Off street parking area with room for a future

  Amanda Hadley F.C. Tucker Company

  2949 Shriver Ave, Indianapolis, IN 46208
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  /8

  $200,000

  • 3 Beds
  • 2 Baths
  • 1,024 Sq Ft

  1722 S Goodlet Ave, Indianapolis, IN 46241

  Welcome to this beautiful home featuring three bedrooms and two full bathrooms. The property includes a spacious backyard and an open basement, providing ample room for various needs. The house is conveniently located near the freeway, as well as several local restaurants and shops

  Roberto Mejia F.C. Tucker Company

  1722 S Goodlet Ave, Indianapolis, IN 46241
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  /3

  $114,500

  • 6 Beds
  • 2 Baths

  422 N Oakland Ave, Indianapolis, IN 46201

  BANK OWNED - Double that was converted by prior owner to 2 sep. condominiums. The whole building is for sale not just the individual units. 3BR's 1 Bath per side with basement. Alley access for rear parking. This one could be made to be nice and possibly rent for $1,000+ a month. It is missing electrical so there is no power. Take a flash light to show. No utilities to inspect. Please, view

  Jackie Lovell New Quantum Realty Group

  422 N Oakland Ave, Indianapolis, IN 46201
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  /12

  $139,000

  • 3 Beds
  • 2 Baths
  • 1,072 Sq Ft

  2314 Nelson Ave, Indianapolis, IN 46203

  Charming 3 bedroom 2 Bath ranch home in an established nice neighborhood. This 3 bedroom split floorplan has a large 15 x 13 Master suite with separate full bath. Laminate hardwood flooring throughout. Ceiling fans in all rooms, newer roof, siding, windows, and water heater. All appliances included...washer & dryer too! This home has been loved for many years. Enjoy your covered front porch, 2

  Marilyn Farley RE/MAX Advanced Realty

  2314 Nelson Ave, Indianapolis, IN 46203
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  /24

  $190,000

  • 3 Beds
  • 2 Baths
  • 1,340 Sq Ft

  4803 E 34th St, Indianapolis, IN 46218

  This charming single family residence, built in 1948, is absolutely ready for its grand debut as your inviting, new haven. Spanning 1340 square feet of living space, all on one delightful story, it offers a sprawling lot for all your outdoor imaginings. Imagine whipping up culinary masterpieces in a kitchen designed for both beauty and fun, boasting sleek shaker cabinets that simply gleam. The

  Landon Buesching 1 Percent Lists Indiana Real Estate

  4803 E 34th St, Indianapolis, IN 46218
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  /20

  $150,000

  • 2 Beds
  • 2.5 Baths
  • 1,148 Sq Ft

  4950 Potomac Square Way Unit 6, Indianapolis, IN 46268

  Welcome to this well-maintained 2-bedroom, 2.5-bath condo, offering a fresh, modern feel and a functional layout perfect for everyday living and entertaining. The main level boasts a seamless dining and living room combination, creating an open and inviting space ideal for gatherings. The kitchen includes a convenient breakfast bar, perfect for casual dining or morning coffee. Upstairs, you'll

  Eli Skinner Simplify Real Estate

  4950 Potomac Square Way Unit 6, Indianapolis, IN 46268
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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
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  /23

  $107,000

  • 2 Beds
  • 1 Bath
  • 832 Sq Ft

  1120 Bacon St, Indianapolis, IN 46227

  Discover this charming 2-bedroom, 1-bath home nestled on a rare double lot in the desirable University Heights neighborhood. Just minutes from the University of Indianapolis and a short drive to Downtown Indy, this 832-square-foot gem features elegant hardwood floors, lofty ceilings, and an inviting enclosed front porch that enhances its living space. The expansive, fenced-in backyard offers

  Kathryn Teltow Highgarden Real Estate

  1120 Bacon St, Indianapolis, IN 46227
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  /29

  $175,000

  • 2 Beds
  • 1 Bath
  • 890 Sq Ft

  7238 Harbour Isle, Indianapolis, IN 46240

  Welcome to Harbour Club Condos where comfort meets scenic waterfront living. This beautiful condo offers stunning lake views and a serene setting, perfect for relaxing on your balcony. Step inside to discover soaring ceilings in the living room that create an open, airy feel filled with natural light. New carpet adds a fresh, move-in-ready touch, while the layout provides both functionality and

  Glenn Bill eXp Realty, LLC

  7238 Harbour Isle, Indianapolis, IN 46240
• 

  

  /10

  $195,900

  • 3 Beds
  • 2 Baths
  • 1,001 Sq Ft

  4618 W Beecher St, Indianapolis, IN 46241

  Step into a home that feels brand new. This newly remodeled 3-bedroom, 2-bath residence has been thoughtfully updated from top to bottom, offering a clean, modern look and the peace of mind that comes with quality improvements: All-new laminate flooring throughout the home, creating a seamless, contemporary flow from room to room. Updates include, fresh interior paint in every space, giving the

  Olugbenga Akinbola Highgarden Real Estate

  4618 W Beecher St, Indianapolis, IN 46241
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  /27

  $170,000

  • 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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  /18

  $199,900

  • 2 Beds
  • 1 Bath
  • 1,058 Sq Ft

  722 E 23rd St, Indianapolis, IN 46205

  Fully renovated and move-in ready - now priced under $200K. Seller offering closing cost assistance or rate buy-down options to help reduce your upfront costs.Priced under $200K, this 2 bed, 1 bath home has been thoughtfully updated while keeping its original character - featuring restored hardwood floors, modern finishes, and a bright open layout. The updated kitchen offers new cabinetry,

  Kendrick Davis Davis Realty Group

  722 E 23rd St, Indianapolis, IN 46205
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  /16

  $130,000

  • 3 Beds
  • 1 Bath
  • 888 Sq Ft

  2962 N Dequincy St, Indianapolis, IN 46218

  Add to your investment portfolio today! Photos are prior to resident moving in. This 3 bed 1 bath home has been fully renovated including butcher block counter tops, new flooring, fresh paint, new appliances, and more. Invest with peace of mind and residents already in place. Lease in place through 6/30/2027. Showings available after an accepted offer. Please do not disturb the residents.

  Kenneth Hall eXp Realty, LLC

  2962 N Dequincy St, Indianapolis, IN 46218
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  /12

  $140,000

  • 3 Beds
  • 1 Bath
  • 794 Sq Ft

  311 S Boehning St, Indianapolis, IN 46219

  Welcome to the 50's-70's @ 311 S Boehning. This property has 2BR/1BA/Office with basement that sits on .55 acre lot & presents an appealing opportunity for a resourceful homeowner to make it there own with endless possibilities. Living area has a "cabin" feel with warm wood tones & large window for plenty of natural light. The detached 3 car garage has a workshop area & can store all your outdoor

  Beverly Beers Keller Williams Indy Metro S

  311 S Boehning St, Indianapolis, IN 46219
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  /6

  $129,900

  • 4 Beds
  • 1 Bath
  • 984 Sq Ft

  4002 N Catherwood Ave, Indianapolis, IN 46226

  Investment opportunity offering strong, reliable cash flow! This 4-bedroom, 1-bath home with a carport is currently occupied by a Section 8 tenant paying $2,126 per month, with a lease in place through 01/01/2027. The long-term lease provides immediate and consistent income, while Section 8 backing adds an additional layer of stability for investors. With solid rental performance and minimal

  Hayley Wild Compass Indiana, LLC

  4002 N Catherwood Ave, Indianapolis, IN 46226
• 

  

  /10

  $135,000

  • 3 Beds
  • 1 Bath
  • 1,023 Sq Ft

  3841 E 31st St, Indianapolis, IN 46218

  Welcome Home! This quaint three bedroom, one bath home has been recently updated (2022) throughout! Featuring butcher block counter tops, stainless steel appliances, laminate flooring throughout, fresh paint, updated bathroom and more! Whether you're looking for your next investment (recently rented at $1300/month), or a place to call home on a quiet street, this is worth checking out!

  Kenneth Hall eXp Realty, LLC

  3841 E 31st St, Indianapolis, IN 46218
• 

  

  /22

  $125,000

  • 2 Beds
  • 1 Bath
  • 930 Sq Ft

  1005 N Tremont St, Indianapolis, IN 46222

  Step into the charm and character of this 1920 home, full of opportunity for investors or homeowners ready to add their personal touch. Featuring 2 bedrooms and 1 bathroom, this property has key updates already in place, including newer carpet, furnace, and HVAC. You'll love the glass-enclosed front patio-perfect for relaxing year-round-as well as the classic built-ins that add timeless appeal.

  Stina Gutierrez Keller Williams Indy Metro NE

  1005 N Tremont St, Indianapolis, IN 46222
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  /20

  $149,000

  • Land
  • 0.13 Acre
  • $1,192,000 per Acre

  1651 Carrollton Ave, Indianapolis, IN 46202

  Buildable lot on desirable block in Kennedy King. Close to Monon, Solely, The Alchemist, Provider, Bottleworks and more.

  Leslie McNeeley @properties

  1651 Carrollton Ave, Indianapolis, IN 46202
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  /12

  $175,000

  • 3 Beds
  • 1 Bath
  • 957 Sq Ft

  5419 Penway Ct, Indianapolis, IN 46224

  Looking for your first home or an investment property, this could be it! Centrally located on the west side close to the busline and interstates a little elbow greese will make this a wonderful place to call home. Corner lot, fenced backyard, one-car garage with extra space that can be used for storage or a she-shed without stepping into the elements! This home also features a spacious eat-in

  Nicole Lloyd Homes Unlimited

  5419 Penway Ct, Indianapolis, IN 46224
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  /27

  $199,900

  • 2 Beds
  • 1.5 Baths
  • 1,538 Sq Ft

  1151 Knox St, Indianapolis, IN 46227

  Freshly remodeled and move-in ready, this spacious ~1,500 sq ft home offers an uncommon amount of space for a 2-bedroom layout. With a bedroom and full bathroom on each level, the setup provides ideal privacy and flexibility for occupants. Recent updates include brand new LVP flooring, fresh paint throughout, updated kitchen countertops, a new water heater, and a new HVAC system-giving buyers

  Travis Carpenter Indiana Ford Realty LLC

  1151 Knox St, Indianapolis, IN 46227
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  /16

  $195,000

  • 3 Beds
  • 2 Baths
  • 1,418 Sq Ft

  110 N Riley Ave, Indianapolis, IN 46201

  Investor opportunity in the heart of Irvington! This fully occupied property offers immediate cash flow with a tenant in place through April 2027, providing stable, long-term income. The home was extensively remodeled just three years ago with approximately $90,000 in improvements, including a new roof and HVAC, offering peace of mind and reduced maintenance expenses for years to come. Located in

  Shelly Thompson Resolute Realty

  110 N Riley Ave, Indianapolis, IN 46201
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  /18

  $140,000

  • 2 Beds
  • 1 Bath
  • 744 Sq Ft

  1747 E Legrande Ave, Indianapolis, IN 46203

  Make this home your next investment property! With two bedrooms, one bathroom, fully updated with new flooring, fresh paint, updated kitchen including stainless steal appliances, new cabinets and butcher block counter tops, this home makes for peace of mind investing. The detached garage and fenced in yard are great value-add components. Lease in place through March 2027. No showings until

  Kenneth Hall eXp Realty, LLC

  1747 E Legrande Ave, Indianapolis, IN 46203
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  /30

  $140,000

  • 2 Beds
  • 2 Baths
  • 1,585 Sq Ft

  857 Indigo Way Unit 857D, Indianapolis, IN 46260

  Located in the desirable Park Hoover Village in Washington Township, this well-maintained condo offers peaceful pond views and comfortable, low-maintenance living. Featuring 2 bedrooms and 2 full bathrooms, this home combines functionality with a serene setting. Upon arrival, you're welcomed by a nicely landscaped entry and a common lobby area. The unit is located upstairs, offering added

  Rosie Berzenye T&H Realty Services, Inc.

  857 Indigo Way Unit 857D, Indianapolis, IN 46260
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  /29

  $149,900

  • 2 Beds
  • 1 Bath
  • 1,011 Sq Ft

  281 N Mount St, Indianapolis, IN 46222

  Graced with a charming fireplace, this 2-bedroom, 1-bathroom house rental at 281 North Mount Street, Indianapolis, IN 46222 is a cozy retreat for anyone seeking a warm and inviting home. With 1011 sq ft of living space, this property offers ample room to relax and entertain. The spacious bedrooms provide a comfortable sanctuary, while the open layout of the living area allows for easy flow and

  Mark Jones PMI Midwest

  281 N Mount St, Indianapolis, IN 46222
• 

  

  /26

  $169,000

  • 3 Beds
  • 1 Bath
  • 856 Sq Ft

  1453 W 34th St, Indianapolis, IN 46208

  A newly updated 3 Bed 1 Bath home in Center Township. Beautiful finishes used throughout this charming home. All new flooring, fresh paint, light fixtures and blinds throughout. The kitchen has all new cabinetry and new counter tops. The bathroom is a full remodel. This is a very clean move in ready home.

  Shannon Adair Canon Real Estate Services LLC

  1453 W 34th St, Indianapolis, IN 46208

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