Indianapolis, IN Homes under $200,000

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  /24

  $125,000

  • 4 Beds
  • 1 Bath
  • 1,508 Sq Ft

  404 N Grant Ave, Indianapolis, IN 46201

  Step into the potential of 404 N Grant AVE, a single-family residence brimming with opportunity, presenting a canvas for investors and handy homeowners alike. With 1508 square feet of living area situated on a 5401 square feet lot, and featuring four bedrooms and one full bathroom, this two-story home, built in 1860, offers a unique opportunity. This is an exceptional investment property

  Ashley Mullin FS Houses LLC

  404 N Grant Ave, Indianapolis, IN 46201
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  /24

  $159,900

  • 3 Beds
  • 1 Bath
  • 924 Sq Ft

  302 S Warman Ave, Indianapolis, IN 46222

  This single-family residence offers an inviting home with 3 Bedrooms and 1 Full bath, fully updated. The living room welcomes you in with brand new waterproof vinyl plank flooring, new light fixture, textured ceiling and fresh paint. Master bedroom and 2nd bedroom both have high ceilings giving them a larger feel. All bedrooms have new carpet, fresh paint and textured ceilings. Kitchen features

  Emanuel Ruiz Snyder Strategy Realty, Inc

  302 S Warman Ave, Indianapolis, IN 46222
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  /16

  $145,000

  • 3 Beds
  • 1 Bath
  • 768 Sq Ft

  2933 N Gladstone Ave, Indianapolis, IN 46218

  This cozy 3 bedroom, 1 bath home features central air, a spacious layout, and comes equipped with a stove and refrigerator. Enjoy summer evenings relaxing on the large covered front porch. Don't miss this affordable and comfortable home in a convenient eastside location!

  Edwin Watson Triple E Realty, LLC

  2933 N Gladstone Ave, Indianapolis, IN 46218
• 

  

  

  /18

  $164,524

  • 2 Beds
  • 1.5 Baths
  • 1,548 Sq Ft

  6853 Cross Key Dr, Indianapolis, IN 46268

  Beautiful Condo located in Georgetown Crossing Community, just minutes from Pike Township School District, award winning Restaurants, and quick access to major highways. This 2 Story Condo has so much to offer, plus it has a stunning finished Basement, that can be used for a Home Office, a Media Room, a Work out room, and so much more. Speaking of so much more the about of Storage that this

  Beth Rush Snyder Strategy Realty, Inc

  6853 Cross Key Dr, Indianapolis, IN 46268
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  /30

  $149,900

  • 6 Beds
  • 2 Baths

  914 N Oakland Ave, Indianapolis, IN 46201

  A great investment opportunity awaits you in East Indianapolis. This duplex has separate front and back entries, a covered porch, a rear deck, and a large backyard. Each unit features 3 Bedrooms, 1 full Bathroom, a Great Room, and more. Strong potential with lots of upside. Stop by today!

  Chris Price Keller Williams Indy Metro S

  914 N Oakland Ave, Indianapolis, IN 46201
• 

  

  /25

  $147,500

  • 2 Beds
  • 1 Bath
  • 864 Sq Ft

  3909 Hoyt Ave, Indianapolis, IN 46203

  This is your chance to purchase an affordable, well maintained home on Indy's southside! With fresh paint and brand new flooring throughout this one is move in ready! 2 spacious bedrooms and open dining and living rooms! New butcher block counter tops in the cheery kitchen! Nice backyard with spacious 2 car detached garage! Great location with quick access to interstate and 5 minutes from

  Tyler Halcomb Keller Williams Indy Metro S

  3909 Hoyt Ave, Indianapolis, IN 46203
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  /27

  $124,900

  • 2 Beds
  • 1.5 Baths
  • 1,216 Sq Ft

  7488 Countrybrook Dr, Indianapolis, IN 46260

  This updated condominium is an inviting home that is ready for move in offering comfortable living in a desirable location in Washington Township School District. Fully updated with new vinyl plank flooring and paint throughout. The kitchen space designed for both functionality and style, features shaker cabinets that provide ample storage and a tray ceiling that adds a touch of architectural

  Derek Manis F.C. Tucker Company

  7488 Countrybrook Dr, Indianapolis, IN 46260
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  /26

  $175,000

  • 3 Beds
  • 1.5 Baths
  • 1,040 Sq Ft

  3955 N Graham Ave, Indianapolis, IN 46226

  Charming 3-bedroom, 1.5-bath brick ranch nestled on a spacious corner lot! This well-maintained home features a full basement, offering plenty of room for storage, hobbies, or future living space. Recent updates include new flooring throughout, stylish light fixtures and vanities, fresh interior paint, and newer appliances that make this home move-in ready. Enjoy the durability of brick

  Brian Wayman CENTURY 21 Scheetz

  3955 N Graham Ave, Indianapolis, IN 46226
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  /32

  $162,500

  • 2 Beds
  • 1 Bath
  • 900 Sq Ft

  3723 N Olney St, Indianapolis, IN 46218

  Charming Move-In Ready Home in Indianapolis Welcome to 3723 N Olney Street, a beautifully maintained single-family home nestled in the heart of Indianapolis, IN. This inviting residence offers 2 spacious bedrooms and 1 full bathroom across 900 square feet of comfortable living space. Built in 1950 and situated on a generous 6,447 square foot lot, this one-story home combines classic charm

  Jeffrey Koehrn Real Broker, LLC

  3723 N Olney St, Indianapolis, IN 46218
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  /18

  $178,000

  • 3 Beds
  • 1 Bath
  • 1,073 Sq Ft

  3425 Georgetown Rd, Indianapolis, IN 46224

  Discover this charming home ideally located just minutes from the Indianapolis Motor Speedway, popular restaurants, and convenient shopping. This move-in ready property features brand-new carpet and fresh paint throughout, giving it a clean, updated feel. The roof was replaced in 2021, offering peace of mind for years to come. Whether you're a first-time buyer or looking for a great investment,

  Cristina Velazquez Robles Home Possible Realty LLC

  3425 Georgetown Rd, Indianapolis, IN 46224
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  /24

  $200,000

  • 2 Beds
  • 2 Baths
  • 1,512 Sq Ft

  1637 Kessler Boulevard Dr N, Indianapolis, IN 46220

  This Westside Beauty will stop You in Your Tracks. A Freshly Renovated 2 Bed 2 Bath Home with a In-Law Quarters is waiting for you. The Home Has a Laundry List of New From Roof to HVAC to Plumbing. You name it and it has been replaced. The in Law Quarters has a Separate Entrance outside with a Full Kitchen, Living Room and Bedroom. It also has a Solit HVAC System and Separate Meter. The Basement

  Andres Rodriguez Rodriguez Real Estate Group

  1637 Kessler Boulevard Dr N, Indianapolis, IN 46220
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  /37

  $100,000

  • 2 Beds
  • 1 Bath
  • 994 Sq Ft

  2316 Porter St, Indianapolis, IN 46231

  This 2-bed, 1.5-bath home sits on a generous lot just off Highway 40, next to Plainfield and minutes from the airport. Packed with potential, it's a great opportunity for a flip, rental, or long-term hold. Bring your vision-this value-add property is ready for renovation and returns!

  Garrett VaLeu Better Homes and Gardens Real Estate Gold Key

  2316 Porter St, Indianapolis, IN 46231
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  /26

  $104,900

  • 2 Beds
  • 1 Bath
  • 748 Sq Ft

  4733 E 18th St, Indianapolis, IN 46218

  Charming Renovated Bungalow - Move-In Ready or Investment Opportunity! Welcome to 4733 E 18th Street - a thoughtfully updated 2-bedroom, 1-bath home offering comfort, convenience, and curb appeal on Indy's East Side. With 748 square feet of remodeled living space, this home is perfect for a first-time buyer, downsizer, or investor looking for a turnkey rental. Inside, you'll find fresh paint

  Ryan Boyd Trueblood Real Estate

  4733 E 18th St, Indianapolis, IN 46218
• 

  

  /19

  $125,000

  • 3 Beds
  • 1 Bath
  • 1,044 Sq Ft

  4311 E 30th St, Indianapolis, IN 46218

  Charming 3 bed, 1 bath bungalow in Martindale Brightwood! Built in 1930 and offering ~1,100 sq ft of living space, this home welcomes you with a bright open living/dining area, a functional kitchen with range and fridge, and three comfortable bedrooms. Outside, enjoy vinyl exterior, screened porch, a private driveway, and yard space. Located minutes from the Indianapolis Zoo and Children's

  Edwin Watson Triple E Realty, LLC

  4311 E 30th St, Indianapolis, IN 46218
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  /16

  $155,000

  • 4 Beds
  • 2 Baths

  2521 Southeastern Ave, Indianapolis, IN 46201

  Spacious 2 bedroom 1 bath duplex located on the East side of Indianapolis, a short 5 minute drive to Downtown Indianapolis. This home comes with a spacious living room, a designated dining room area and a kitchen that comes with a gas stove and refrigerator. Outside this home a covered front patio and a backyard for outdoor activities. Come see everything this home has to offer in person! This

  Edwin Watson Triple E Realty, LLC

  2521 Southeastern Ave, Indianapolis, IN 46201
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  /6

  $155,000

  • 3 Beds
  • 1 Bath
  • 921 Sq Ft

  50 N Catherwood Ave, Indianapolis, IN 46219

  What an opportunity to purchase a turnkey cash flowing property in historic Irvington! This cute three bedroom single family home is rented for $1,050 per month through May 2026. The original hardwood floors and interior accents give this place all of the charm that you'd expect of a classic single family home in Irvington. 50 N Catherwood sits just down the street from popular Irvington

  Trent Kiester @properties

  50 N Catherwood Ave, Indianapolis, IN 46219
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  /38

  $140,000

  • 2 Beds
  • 1.5 Baths
  • 1,575 Sq Ft

  25 N Traub Ave, Indianapolis, IN 46222

  This unique 2-bedroom home on the Near Westside offers more than meets the eye. With two kitchens and a layout that reflects its history as a former duplex, there's plenty of space and flexibility to make it your own. The 1,400 square feet, all on one level, provide room to spread out while keeping things simple and manageable. Built in 1920 with a vinyl exterior and a 2-car detached garage,

  Terry Young Red Bridge Real Estate

  25 N Traub Ave, Indianapolis, IN 46222
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  /16

  $195,000

  • 3 Beds
  • 1.5 Baths
  • 1,368 Sq Ft

  11610 Whidbey Dr, Indianapolis, IN 46229

  Cute tri-level home offering 3 bedrooms, 1.5 bathrooms with a partially finished basement and radon mitigation system installed in 2019. Located in the Cumberland area of Indianapolis! Features include central air, newer paint, updated flooring in bedrooms and full bathroom, and a spacious 0.25-acre fenced yard with a 14x14 open wooden deck that is ideal for entertaining. The main level offers

  Jordan Moran Modern Real Estate

  11610 Whidbey Dr, Indianapolis, IN 46229
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  /4

  $125,000

  • 3 Beds
  • 1.5 Baths
  • 954 Sq Ft

  2916 E North St, Indianapolis, IN 46201

  Great property for investor to purchase & update with some sweat equity. Lot's of upside for the right investor. 3 br's & great lot with plenty of space to expand! Seller prefers CASH offers only and to close in 10 days from signed contract. This has significant upside value for the right investor. Showings for these 2 properties will be done 1x per week for 2916 E North St. & 621/623 N. Rural

  Chas Schaffernoth F.C. Tucker Company

  2916 E North St, Indianapolis, IN 46201
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  /7

  $150,000

  • 4 Beds
  • 1 Bath
  • 1,886 Sq Ft

  1062 N Berwick Ave, Indianapolis, IN 46222

  This 4-bedroom, 1-bath home offers 1,127 square feet of living space and is currently rented for $1,300 per month. The interior provides a practical layout with enough room to accommodate families or roommates. Located on the west side of Indianapolis, it has convenient access to local amenities and commuter routes. A strong rental performer ready to deliver reliable returns.

  Olga Bliuc-Haggard New Quantum Realty Group

  1062 N Berwick Ave, Indianapolis, IN 46222
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  /11

  $160,000

  • 3 Beds
  • 1 Bath
  • 1,645 Sq Ft

  531 N Alton Ave, Indianapolis, IN 46222

  This 3-bedroom, 1-bath home is currently rented for $1,200 per month and offers dependable cash flow in a central Indianapolis location. The layout is efficient and easy to maintain, appealing to a wide range of tenants. Conveniently located near downtown, parks, and transit options. A solid investment property with steady rental performance.

  Olga Bliuc-Haggard New Quantum Realty Group

  531 N Alton Ave, Indianapolis, IN 46222
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  /13

  $150,000

  • 3 Beds
  • 1 Bath
  • 1,178 Sq Ft

  3755 N Hawthorne Ln, Indianapolis, IN 46218

  This 3-bedroom, 1-bath home offers 1,178 square feet of comfortable living space and brings in $1,125 per month in rental income. The layout is spacious and functional, appealing to long-term tenants. Situated on the east side of Indianapolis, it's close to schools, parks, and major roads. A dependable investment with consistent cash flow.

  Olga Bliuc-Haggard New Quantum Realty Group

  3755 N Hawthorne Ln, Indianapolis, IN 46218
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  /6

  $150,000

  • 3 Beds
  • 1 Bath
  • 1,176 Sq Ft

  57 N Tremont St, Indianapolis, IN 46222

  This 3-bedroom, 1-bath home features 1,176 square feet and is currently rented for $1,350 per month. The interior offers a well-sized layout that supports tenant comfort and retention. Located just west of downtown Indianapolis, it provides easy access to highways, public transit, and everyday amenities. A strong income-producing property for any investor's portfolio.

  Olga Bliuc-Haggard New Quantum Realty Group

  57 N Tremont St, Indianapolis, IN 46222
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  /9

  $140,000

  • 3 Beds
  • 1 Bath
  • 1,104 Sq Ft

  533 Lynn St, Indianapolis, IN 46222

  This 3-bedroom, 1-bath home is currently rented for $1,275 per month and provides solid, consistent income. Located on the west side of Indianapolis, it offers easy access to nearby parks, schools, and major roads. The layout is functional and tenant-friendly, with low-maintenance finishes throughout. A great fit for investors seeking steady returns.

  Olga Bliuc-Haggard New Quantum Realty Group

  533 Lynn St, Indianapolis, IN 46222
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  /7

  $140,000

  • 3 Beds
  • 1 Bath
  • 750 Sq Ft

  3912 Terrace Ave, Indianapolis, IN 46203

  This 3-bedroom, 1-bath home is currently rented for $1,000 a month and delivers consistent income in a convenient southside location. Just minutes from downtown Indianapolis, it offers easy access to shopping, highways, and public transit. The layout is efficient and tenant-friendly, with room for future updates if desired. A great addition to any rental portfolio.

  Olga Bliuc-Haggard New Quantum Realty Group

  3912 Terrace Ave, Indianapolis, IN 46203
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  /5

  $135,000

  • 3 Beds
  • 1 Bath
  • 920 Sq Ft

  3521 N Riley Ave, Indianapolis, IN 46218

  This 3-bedroom, 1-bath home is currently rented for $900 a month and provides dependable cash flow in a growing area. Located on the northeast side of Indianapolis, it's close to parks, schools, and major roadways. The interior offers a simple, functional layout that's easy to maintain. A solid choice for investors seeking steady rental income with long-term upside.

  Olga Bliuc-Haggard New Quantum Realty Group

  3521 N Riley Ave, Indianapolis, IN 46218
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  /7

  $130,000

  • 2 Beds
  • 1 Bath
  • 720 Sq Ft

  1618 N Linwood Ave, Indianapolis, IN 46218

  Currently bringing in $1,100/month, this 2-bedroom, 1-bath home is a solid east-side rental. The property has a clean layout and has been a consistent income producer. Tenants benefit from nearby shopping, schools, and transportation routes. Great for investors seeking stable cash flow in an affordable price point.

  Olga Bliuc-Haggard New Quantum Realty Group

  1618 N Linwood Ave, Indianapolis, IN 46218
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  /7

  $125,000

  • 3 Beds
  • 1 Bath
  • 1,120 Sq Ft

  212 Hancock Ave, Indianapolis, IN 46222

  This 3-bedroom, 1-bath home has previously rented for \$680/month, with plenty of potential for increased returns with some updates. Located near the heart of Indianapolis, it offers easy access to downtown, major roads, and public transportation. With a little TLC, this property could see a significant boost in rental income and long-term value-making it a great option for investors looking to

  Olga Bliuc-Haggard New Quantum Realty Group

  212 Hancock Ave, Indianapolis, IN 46222
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  /4

  $120,000

  • 3 Beds
  • 1 Bath
  • 1,185 Sq Ft

  860 Udell St, Indianapolis, IN 46208

  This 3-bedroom, 1-bathroom home on the near west side of Indianapolis currently rents for $875 a month and offers solid cash flow potential for an investor. With easy access to downtown, major highways, and public transit, it's a convenient spot for tenants. The layout is functional, the rental history is stable, and it's a great option whether you're just getting started or expanding your

  Olga Bliuc-Haggard New Quantum Realty Group

  860 Udell St, Indianapolis, IN 46208
• 

  

  /38

  $185,000

  • 3 Beds
  • 1 Bath
  • 900 Sq Ft

  3148 Keswick Rd, Indianapolis, IN 46222

  Located just steps away from the iconic Indianapolis Motor Speedway, this charming 3-bedroom, 1-bath home offers the perfect blend of comfort and convenience in a highly sought-after area. Featuring an open dining room/kitchen combo ideal for entertaining, the home has been recently updated with stylish new luxury vinyl plank flooring throughout. Whether you're a racing enthusiast or simply love

  Jerika Daley Trueblood Real Estate

  3148 Keswick Rd, Indianapolis, IN 46222
• 

  

  /17

  $125,000

  • 3 Beds
  • 1 Bath
  • 1,107 Sq Ft

  3857 Arquette Dr, Indianapolis, IN 46235

  Charming 3-bedroom, 1-bath ranch with a full rear fenced yard and oversized 2-car garage, perfect for storage, hobbies, or extra parking. Enjoy your morning coffee on the cozy covered front porch, or relax out back in the spacious yard ideal for entertaining or play. This home offers, single-level living in a functional layout with great potential to make it your own!

  Gene Tumbarello F.C. Tucker Company

  3857 Arquette Dr, Indianapolis, IN 46235
• 

  

  /28

  $149,999

  • 3 Beds
  • 1 Bath
  • 968 Sq Ft

  2420 Indianapolis Ave, Indianapolis, IN 46208

  This home is ready to move in and begin creating new memories. This single-family residence offers a wonderful opportunity to embrace comfortable living. Imagine stepping out onto the deck, a private outdoor space perfect for savoring quiet mornings or hosting intimate gatherings. The fenced backyard provides a secure and personal area, ideal for relaxation and recreation. With three bedrooms

  Abigaly Rangel Epique Inc

  2420 Indianapolis Ave, Indianapolis, IN 46208
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  /33

  $139,900

  • 2 Beds
  • 1 Bath
  • 1,142 Sq Ft

  824 Lasalle St, Indianapolis, IN 46201

  Welcome home to this charming and well-maintained duplex on the Near Eastside! A covered divided Porch protects 2 separate entries and a large Backyard is fully-fenced and divided, allowing for both space and privacy. With updates through, each unit hosts a Great Room, 3 Bedrooms/1 full Bathroom, a Mud Room, and a Basement with additional Storage. Come and make this your very own income

  Chris Price Keller Williams Indy Metro S

  824 Lasalle St, Indianapolis, IN 46201
• 

  

  /37

  $139,900

  • 2 Beds
  • 1 Bath
  • 1,142 Sq Ft

  822 N Lasalle St, Indianapolis, IN 46201

  Welcome home to this charming and well-maintained duplex on the Near Eastside! A covered divided Porch protects 2 separate entries and a large Backyard is fully-fenced and divided, allowing for both space and privacy. With updates through, each unit hosts a Great Room, 3 Bedrooms/1 full Bathroom, a Mud Room, and a Basement with additional Storage. Come and make this your very own income

  Chris Price Keller Williams Indy Metro S

  822 N Lasalle St, Indianapolis, IN 46201
• 

  

  /38

  $120,000

  • 1 Bed
  • 1 Bath
  • 941 Sq Ft

  3965 N Meridian St Unit 3G, Indianapolis, IN 46208

  Experience the perfect blend of comfort and convenience in this 1-bedroom/1 bath condo at The Modern, just minutes from downtown Indianapolis. Inside, you'll find brand new countertops, a spacious open-concept layout, and oversized south-facing windows that flood the space with natural light and showcase city views. The kitchen offers ample cabinet space, a breakfast bar, and modern finishes

  Jazmine Allen Homes Unlimited

  3965 N Meridian St Unit 3G, Indianapolis, IN 46208
• 

  

  /11

  $190,000

  • 4 Beds
  • 2 Baths

  2121 Winfield Ave, Indianapolis, IN 46222

  Discover a prime addition to your portfolio with this fantastic duplex opportunity located on the vibrant west side of Indianapolis, near the scenic Riverside Park! This property is currently generating income with tenants on a month-to-month lease, paying a total of $1,650/month, with the potential to increase to a market rent of $2,420/month. The addresses are 2121 and 2123 Winfield Ave. This

  Andy Tresize Compass Indiana, LLC

  2121 Winfield Ave, Indianapolis, IN 46222
• 

  

  /11

  $175,000

  • 2 Beds
  • 1.5 Baths
  • 1,012 Sq Ft

  4535 Ralston Ave, Indianapolis, IN 46205

  Here's your chance to expand your portfolio with this charming 2-bedroom, 1-bathroom single-family home located in the vibrant SoBro neighborhood. With a wave of investment happening in the area, now is the perfect time to secure a property in this thriving community. The home is currently occupied by a tenant on a month-to-month lease, paying $1,175/month, while the market rent potential stands

  Andy Tresize Compass Indiana, LLC

  4535 Ralston Ave, Indianapolis, IN 46205
• 

  /2

  $105,000

  • Land
  • 0.38 Acre
  • $276,316 per Acre

  4456 Caroline Ave, Indianapolis, IN 46205

  Welcome to a fantastic TRIPLE vacant lot opportunity in the vibrant and evolving neighborhood of SoBro! With significant investment and development activity happening all around, this is your chance to join in the growth by building a new construction single or multi-family home. Whether you choose to rent or sell, this lot provides a perfect canvas for a profitable venture. Located on the

  Andy Tresize Compass Indiana, LLC

  4456 Caroline Ave, Indianapolis, IN 46205
• 

  /2

  $140,000

  • 2 Beds
  • 1 Bath
  • 720 Sq Ft

  4339 Spann Ave, Indianapolis, IN 46203

  Here is your opportunity to enhance your portfolio with this delightful 2-bedroom, 1-bathroom single-family home situated in the sought-after Christian Park neighborhood. With a surge of investment flowing into the area, now is an ideal time to invest in this promising community. The home is currently leased to a tenant on a two year lease, generating an income of $1,020/month, with the market

  Andy Tresize Compass Indiana, LLC

  4339 Spann Ave, Indianapolis, IN 46203
• 

  

  /11

  $190,000

  • 4 Beds
  • 2 Baths

  2133 Winfield Ave, Indianapolis, IN 46222

  Discover a prime addition to your portfolio with this fantastic duplex opportunity located on the vibrant west side of Indianapolis, near the scenic Riverside Park! This property is currently generating income with tenants on a month-to-month lease, paying a total of $1,525/month, with the potential to increase to an estimated market rent of $2,420/month. The addresses are 2133 and 2135 Winfield

  Andy Tresize Compass Indiana, LLC

  2133 Winfield Ave, Indianapolis, IN 46222

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