Indianapolis, IN Homes for Sale under $200,000

• 

  

  

  /23

  $140,000

  $20K PRICE DROP

  • 3 Beds
  • 2 Baths
  • 1,576 Sq Ft

  901 N Parker Ave, Indianapolis, IN 46201

  RENTED FOR $1,600/MONTH, this Near Eastside single-family is generating income on day one with a lease in place through June 2026. A well-maintained 3-bed home just minutes from downtown Indianapolis - a straightforward, no-hassle addition to any rental portfolio.

  Max Moore @properties

  901 N Parker Ave, Indianapolis, IN 46201
• 

  

  

  /38

  $147,000

  • 3 Beds
  • 1 Bath
  • 1,720 Sq Ft

  1315 W 34th St, Indianapolis, IN 46208

  Calling all investors and renovators! This 3 bedroom, 1 bath home is full of potential and ready for your personal touch. The main level features both a living room and a separate den, providing flexible living and entertaining spaces. Outside, enjoy a generously sized backyard with endless possibilities for outdoor living or future improvements. Conveniently located just minutes from downtown,

  Edwin Watson Triple E Realty, LLC

  1315 W 34th St, Indianapolis, IN 46208
• 

  

  

  /25

  $179,900

  $10K PRICE DROP

  • 3 Beds
  • 1 Bath
  • 1,136 Sq Ft

  737 Temperance Ave, Indianapolis, IN 46203

  Welcome home to this charming 3 bedroom, 1 bath property with a light and bright feel throughout. The spacious family room offers a comfortable gathering space, while the eat-in kitchen features tile flooring, a bright atmosphere, and plenty of room for everyday dining. The 3 bedrooms provide flexibility for additional bedroom space, guests, or a home office setup. Enjoy outdoor living on the

  Nina Klemm F.C. Tucker Company

  737 Temperance Ave, Indianapolis, IN 46203
• 

  

  

  /35

  $99,900

  $20K PRICE DROP

  • 2 Beds
  • 1 Bath
  • 780 Sq Ft

  3737 Deloss St, Indianapolis, IN 46201

  This 1951 cottage-style home is located in the established Christian Park area, offering 750 square feet of living space. The interior is arranged into a two-bedroom, one-bathroom layout that maximizes its footprint. The home sits on a 0.11-acre lot with a fenced backyard, providing space for outdoor activities or gardening. Its crawl space foundation houses the primary plumbing and electrical

  Isabella Frazier Trelora Realty

  3737 Deloss St, Indianapolis, IN 46201
• 

  

  

  /35

  $120,000

  • 3 Beds
  • 2 Baths
  • 1,430 Sq Ft

  1019 S Norfolk St, Indianapolis, IN 46241

  Value-add investment opportunity in Wayne Township.This 3-bedroom, 2-bathroom home offers a strong foundation for your next project, featuring approximately 1,430 SqFt of living space, a full unfinished basement, sitting double lot for additional space or expansion. The layout provides an excellent canvas for an updated remodel, with structural features that are difficult to find in this

  Ryan Boyd Trueblood Real Estate

  1019 S Norfolk St, Indianapolis, IN 46241
• 

  

  /34

  $199,900

  $8K PRICE DROP

  • 3 Beds
  • 2 Baths
  • 1,224 Sq Ft

  4156 Bertha St, Indianapolis, IN 46241

  Welcome to a beautifully renovated 3-bedroom, 2-full-bath gem in the heart of Garden City that offers "like-new" living experience with all the heavy lifting already done. Built for long term peace of mind, the home features a 6 year old roof and siding, brand-new windows, updated electrical and plumbing systems, a new gas furnace, and a high-efficiency electric water heater. Inside, the bright

  Irina Lysenko Trueblood Real Estate

  4156 Bertha St, Indianapolis, IN 46241
• 

  

  /16

  $109,900

  • 2 Beds
  • 1 Bath
  • 912 Sq Ft

  3636 N Parker Ave, Indianapolis, IN 46218

  Charming 2-bedroom, 1-bath ranch situated on a spacious lot in Indianapolis. This home offers 912 square feet of living space on the main level, plus a full unfinished basement providing excellent storage or future expansion potential. Features include a detached 1-car garage, central air, forced-air heating, and public utilities. Conveniently located near schools, parks, shopping, dining, and

  Isabella Frazier Trelora Realty

  3636 N Parker Ave, Indianapolis, IN 46218
• 

  

  /5

  $50,000

  • Land
  • 3,049 Sq Ft
  • $714,286 per Acre

  2529 Madison Ave, Indianapolis, IN 46225

  Look no further! Fantastic opportunity to build. Numerous possibilities on this D5 lot. There are 3 additional lots next to this lot available for sale as well. Find yourself located with easy access to the interstate and downtown. Bring your ideas and dreams into reality! Check it out today!

  Sarah Fishburn F.C. Tucker Company

  2529 Madison Ave, Indianapolis, IN 46225
• 

  

  /18

  $174,900

  $5K PRICE DROP

  • 3 Beds
  • 2 Baths
  • 1,196 Sq Ft

  399 N Gibson Ave, Indianapolis, IN 46219

  Welcome to this move in ready 3 bedroom, 2-bathroom ranch home. You will be greeted by an inviting sunroom that greets you at entrance. This leads to you into the cozy home with a nice size living room and dining area, that's perfect for entertaining. This will be the perfect starter home or investment opportunity.

  Danielle Buchanan Highgarden Real Estate

  399 N Gibson Ave, Indianapolis, IN 46219
• 

  

  /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
• 

  

  /25

  $174,900

  • 2 Beds
  • 1 Bath
  • 880 Sq Ft

  2207 Albany St, Indianapolis, IN 46203

  Step inside this beautifully refreshed home where modern flair meets the vibrant pulse of Garfield Park. From the moment you hit the covered front porch, you'll feel the energy of a space designed for both effortless hosting and quiet relaxation. The open-concept layout is drenched in natural light, anchored by crisp paint, updated flooring, and stylish fixtures that make the whole place glow.

  Andy Tresize Compass Indiana, LLC

  2207 Albany St, Indianapolis, IN 46203
• 

  

  /26

  $169,999

  $30K PRICE DROP

  • 2 Beds
  • 1 Bath
  • 768 Sq Ft

  3133 N Campbell Ave, Indianapolis, IN 46218

  This completely rehabbed 2-bedroom, 1-bath home offers a fresh start with modern updates throughout. Enjoy a bright and open floor plan featuring new flooring, fresh paint, and a brand-new kitchen with updated cabinets & countertops. The bathroom has been fully renovated with stylish finishes. Major improvements include new roof, garage, duct work, updated electrical, plumbing, and mechanical

  Barbara Whiteside Keller Williams Indy Metro NE

  3133 N Campbell Ave, Indianapolis, IN 46218
• 

  

  /29

  $177,500

  $12K PRICE DROP

  • 4 Beds
  • 2 Baths
  • 1,301 Sq Ft

  1260 Hiatt St, Indianapolis, IN 46221

  CASH FLOW READY | RENTED FOR $1,800/MONTH | Fully updated and move-in ready, this property is the perfect blend of style, simplicity, and investment upside. Whether you're a first-time buyer looking for a low-maintenance home or an investor searching for a turnkey rental near downtown Indianapolis, this one checks all the boxes. Inside, you'll find fresh flooring, modern fixtures, updated paint,

  Nathan Dixon @properties

  1260 Hiatt St, Indianapolis, IN 46221
• 

  

  /16

  $199,900

  $15K PRICE DROP

  • 3 Beds
  • 2 Baths
  • 1,230 Sq Ft

  954 N Olney St, Indianapolis, IN 46201

  Welcome to this beautifully updated 3-bedroom, 2-bathroom home that blends modern finishes with everyday comfort. Inside, you'll find spacious, light-filled rooms that create a warm and inviting atmosphere throughout. The open layout offers a natural flow between living spaces, making it ideal for both relaxing and entertaining. The kitchen and living areas have been thoughtfully updated,

  Angela Richardson F.C. Tucker Company

  954 N Olney St, Indianapolis, IN 46201
• 

  

  /17

  $1,000

  • 3 Beds
  • 4 Baths
  • 2,394 Sq Ft

  3514 Winthrop Ave, Indianapolis, IN 46205

  For Sale by Court Appointed Auctioneer. Opportunity to acquire 3514 Winthrop Avenue, a spacious historic home located in Indianapolis, Indiana. Full of character and potential, this expansive home offers the opportunity to restore and customize a property with impressive architectural details already in place. Inside you'll find original hardwood floors, rich wood trim, a grand open staircase,

  Brayden Sammons Keller Williams Indy Metro Partners

  3514 Winthrop Ave, Indianapolis, IN 46205
• 

  /2

  $189,999

  • 4 Beds
  • 2 Baths

  2433 N Bolton Ave, Indianapolis, IN 46218

  Cash flow that's already working. This near-Eastside duplex pulls $2,150 ($1,050 / $1,100) a month in gross rents across both units, the kind of dependable, concentrated income investors hunt for. Set in an established rental corridor minutes from downtown, it delivers two doors of steady demand under one roof. Part of a 17-door Indianapolis rental portfolio bringing in over $19,000 a month, all

  Max Moore @properties

  2433 N Bolton Ave, Indianapolis, IN 46218
• 

  

  /23

  $159,900

  $10K PRICE DROP

  • 3 Beds
  • 1 Bath
  • 1,106 Sq Ft

  4706 Vernon Ave, Indianapolis, IN 46226

  Nice three bedroom one bath with basement, two-car detached garage, fenced in back yard and an 18x10 deck. Large, inviting covered front porch measures 15x8. Spacious great room has vaulted ceiling which flows nicely into a kitchen with lots of cabinet space, a time-saving dishwasher and refrigerator. Separate laundry room conveniently located off the primary bedroom. Lawrence Township school

  R Scott Pallikan Sunblest Realty

  4706 Vernon Ave, Indianapolis, IN 46226
• 

  

  /32

  $149,900

  • 2 Beds
  • 2 Baths
  • 1,350 Sq Ft

  230 Legends Creek Way Unit 207, Indianapolis, IN 46229

  Ready for a grand adventure in effortless living? At 230 Legends Creek WAY Unit 207, you'll discover a 1350 sq ft condominium, built in 2003, that's practically winking at you with its "ready to move in" charm. This traditional-style treasure in INDIANAPOLIS, IN, USA, isn't just a place to live; it's a launchpad for legendary days! Step into the realm of relaxation with two wonderfully appointed

  Crystal Bennett United Real Estate Indpls

  230 Legends Creek Way Unit 207, Indianapolis, IN 46229
• 

  

  /6

  $50,000

  • Land
  • 3,049 Sq Ft
  • $714,286 per Acre

  2525 Madison Ave, Indianapolis, IN 46225

  Look no further! Fantastic opportunity to build. Numerous possibilities on this D5 lot. There are 3 additional lots next to this lot available for sale as well. Find yourself located with easy access to the interstate and downtown. Bring your ideas and dreams into reality! Check it out today!

  Sarah Fishburn F.C. Tucker Company

  2525 Madison Ave, Indianapolis, IN 46225
• 

  

  /7

  $84,900

  $764K PRICE DROP

  • Land
  • 27,007 Sq Ft
  • $136,935 per Acre

  4039 Southeastern Ave, Indianapolis, IN 46203

  This .62 acre corner lot is conveniently located and zoned residential for either a single family or duplex build.

  Mark Linder CENTURY 21 Scheetz

  4039 Southeastern Ave, Indianapolis, IN 46203
• 

  

  /12

  $125,000

  $110K PRICE DROP

  • 2 Beds
  • 1 Bath
  • 1,292 Sq Ft

  28 N Denny St, Indianapolis, IN 46201

  Experience the blend of historic charm and modern reliability on N Denny St. This 1,292 sq. ft., two-story home was freshly remodeled just one year ago and features upgrades for total peace of mind. Key Highlights: * Fully Updated: 1-year-old roof and a complete interior remodel (2025). *Systems: Brand-new furnace (less than 1 year) with mobile app control and a new water heater. * Layout: 2

  Patrick McNeill Ask Pat About Real Estate

  28 N Denny St, Indianapolis, IN 46201
• 

  /2

  $32,900

  • Land
  • 5,662 Sq Ft
  • $253,077 per Acre

  1845 Luther St, Indianapolis, IN 46203

  Residential vacant lot on the Near South Eastside, located a few minutes from downtown. Approx. 40' x 137' lot, suitable for new construction. Public utilities available: water, sewer, gas, electric.

  Derek Morgan Unreal Estate LLC

  1845 Luther St, Indianapolis, IN 46203
• 

  

  /21

  $129,900

  $10K PRICE DROP

  • 4 Beds
  • 2 Baths
  • 1,248 Sq Ft

  3715 Rockville Rd, Indianapolis, IN 46222

  Investor Opportunity with Tremendous Upside Potential! This 4-bedroom, 2 full-bath home offers an excellent opportunity for investors looking to expand their rental portfolio or add value through future improvements. The property is currently habitable, making it ideal for immediate occupancy or rental income while planning future updates. Situated on a generously sized lot, the home features a

  Angela Richardson F.C. Tucker Company

  3715 Rockville Rd, Indianapolis, IN 46222
• 

  

  /3

  $24,900

  $4K PRICE DROP

  • Land
  • 4,356 Sq Ft
  • $249,000 per Acre

  1040 N Elder Ave, Indianapolis, IN 46222

  Great opportunity to build your own home! Lot can also be purchased with adjacent lot 1044 N Elder. All due diligence (including survey, utility connection information, building codes, etc.) are the sole responsibility of the buyer.

  Nicole Crouch Crossroads Realty, LLC

  1040 N Elder Ave, Indianapolis, IN 46222
• 

  

  /11

  $169,999

  • 3 Beds
  • 1 Bath
  • 1,144 Sq Ft

  2202 Barrett Ave, Indianapolis, IN 46221

  This beautifully remodeled three bedroom one bath home offers the perfect blend of classic character and stylish updates. Step inside to discover refreshed living spaces designed for comfort and everyday living. Conveniently. located just minutes from downtown Indianapolis you'll enjoy quick access to shopping, restaurants, entertainment, and the cities thriving business district. Whether you're

  George Roper Cornerstone REI Group LLC

  2202 Barrett Ave, Indianapolis, IN 46221
• 

  

  /16

  $99,900

  • 2 Beds
  • 1.5 Baths
  • 1,048 Sq Ft

  3648 Mayfield Dr, Indianapolis, IN 46235

  Discover an exceptional opportunity at 3648 Mayfield DR, INDIANAPOLIS, IN, USA. This inviting 588 sq ft condominium, built in 1973, offers a distinctive living experience across two stories. The residence provides two comfortable bedrooms, offering private retreats for rest and relaxation. Practicality is key with a full bathroom and an additional half bathroom, ensuring convenience for residents

  Samuel Nieves-Montanez Trelora Realty

  3648 Mayfield Dr, Indianapolis, IN 46235
• 

  

  /22

  $159,000

  • 3 Beds
  • 1.5 Baths
  • 1,181 Sq Ft

  3561 Dubarry Rd, Indianapolis, IN 46226

  This inviting 1960 single-family residence is ready for you to move in and begin your next chapter. The ranch-style exterior opens to a home thoughtfully updated for modern comfort, boasting fresh paint and gorgeous updated flooring completed in 2025. The heart of the home features an elevated, functional kitchen with a new faucet, cabinet hardware, and new countertops. With three ample bedrooms,

  Malinda Ennis Keller Williams Indy Metro NE

  3561 Dubarry Rd, Indianapolis, IN 46226
• 

  

  /26

  $199,000

  • 3 Beds
  • 1 Bath
  • 925 Sq Ft

  4026 Eisenhower Dr, Indianapolis, IN 46254

  Welcome to this Nicely Remodeled Home in the Gateway Neighborhood. This 3 Bed 1 Bath Home has a laundry list of New Items from Kitchen Cabinets and Granite Countertops, Fully Remodeled Bathroom, Windows, Back Sliding Door and Roof, New AC Unit, Updated Plumbing and Electrical as well as a New Garage Door and Opener. Situated Near Eagledale and Speedway this location is close to everything. The

  Andres Rodriguez Rodriguez Real Estate Group

  4026 Eisenhower Dr, Indianapolis, IN 46254
• 

  

  /25

  $160,000

  • 3 Beds
  • 2 Baths
  • 1,080 Sq Ft

  1438 W 23rd St, Indianapolis, IN 46208

  An inviting 1920 bungalow on the Westside of Indy. This single-family residence, spanning 1080 square feet, is ready for you to move in. Completely renovated inside and out with an open layout concept that provides ample personal space. Spacious interior featuring recessed lighting, crown molding, and vinyl plank flooring. Completely renovated kitchen featuring dark wood-finish cabinetry,

  Emanuel Ruiz Snyder Strategy Realty, Inc

  1438 W 23rd St, Indianapolis, IN 46208
• 

  

  /13

  $125,000

  • 3 Beds
  • 1 Bath
  • 752 Sq Ft

  3549 N Linwood Ave, Indianapolis, IN 46218

  Investors Welcome! This tenant occupied 3 bedroom, 1 bath home offers immediate rental income and strong investment potential. This home has a spacious living room, mature trees and large backyard. Conveniently located just minutes from downtown, shopping, dining, and other amenities. Add this cash flowing property to your portfolio today!

  Edwin Watson Triple E Realty, LLC

  3549 N Linwood Ave, Indianapolis, IN 46218
• 

  

  /26

  $179,900

  $5K PRICE DROP

  • 2 Beds
  • 1 Bath
  • 810 Sq Ft

  2702 N Talbott St, Indianapolis, IN 46205

  Buy this home and rent it out (long-term or short-term), or move right in. With newer HVAC, new windows and a $5,000 grant from Key Bank, you're playing with house money on this scrupulously updated condo. And you won't find a more affordable HOA fee. Like exploring the city? This home is equidistant from all the fun and activities found downtown and in Broad Ripple, and just a block from the Red

  Chris Varnau F.C. Tucker Company

  2702 N Talbott St, Indianapolis, IN 46205
• 

  /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 Partners

  4459 Mann Rd, Indianapolis, IN 46221
• 

  

  /9

  $160,000

  • 2 Beds
  • 1 Bath
  • 1,462 Sq Ft

  1924 E Maryland St, Indianapolis, IN 46201

  Rare redevelopment opportunity featuring TWO parcels included in the sale! This property offers both an existing home and an adjacent vacant lot, creating multiple possibilities for investors, builders, and visionaries looking to capitalize on an area experiencing significant revitalization. Surrounded by renovated homes and new construction, this property is positioned in a neighborhood where

  Denis O'Brien Keller Williams Indy Metro Partners

  1924 E Maryland St, Indianapolis, IN 46201
• 

  

  /15

  $124,900

  • 2 Beds
  • 1 Bath
  • 885 Sq Ft

  2228 N Irwin St, Indianapolis, IN 46219

  Discover this charming 2-bedroom, 1-bath home in the heart of Indianapolis. This cozy residence features a functional layout with an inviting living room, an eat-in kitchen, and two well-proportioned bedrooms. The property includes a detached garage and a spacious backyard, offering great potential for outdoor activities or future landscaping projects. Conveniently located near local schools,

  Isabella Frazier Trelora Realty

  2228 N Irwin St, Indianapolis, IN 46219
• 

  

  /31

  $95,000

  $10K PRICE DROP

  • 2 Beds
  • 1 Bath
  • 820 Sq Ft

  3042 N Temple Ave, Indianapolis, IN 46218

  welcome to 3042 n temple Ave! this charming 2 bedroom, 1 bath home has comfort and convenience, ready for your personal touch the home sits in a spacious lot with a large backyard, ideal for gatherings, gardening locate just minutes from downtown Indianapolis, shopping dining schools and major highways, this property offers both accessibility and potential, whether you are first time home buyer,

  Maria Lasher eXp Realty LLC

  3042 N Temple Ave, Indianapolis, IN 46218
• 

  

  /18

  $120,000

  • 2 Beds
  • 1 Bath
  • 500 Sq Ft

  3211 S Lockburn St, Indianapolis, IN 46221

  Beautifully renovated 2 bedroom bungalow! Bright and cheerful rooms with modern updates. Bedrooms share nicely updated Jack & Jill bath. Large back yard with patio, partial fence and storage shed. Long driveway with plenty of space for parking multiple vehicles. Would be perfect for owner occupants, investors or Airbnb!

  Stacie Kidwell Sandoval F.C. Tucker Company

  3211 S Lockburn St, Indianapolis, IN 46221
• 

  

  /18

  $158,000

  • 2 Beds
  • 1 Bath
  • 960 Sq Ft

  2822 Country Estates Dr, Indianapolis, IN 46227

  Enjoy comfortable, low-maintenance living in this well-maintained, one-level condo in the Country Estates community. This 2-bedroom, 1-bath home has been tastefully updated and features new luxury vinyl plank flooring throughout, giving the home a fresh, welcoming feel. The spacious living room opens to a private back patio, creating a nice spot to relax or spend time with guests. The kitchen and

  Robyn Roller F.C. Tucker Company

  2822 Country Estates Dr, Indianapolis, IN 46227
• 

  

  /38

  $159,900

  $65K PRICE DROP

  • 3 Beds
  • 2 Baths
  • 2,073 Sq Ft

  2202 Woodlawn Ave, Indianapolis, IN 46203

  This is the one. You've been looking high and low and in the midst of neighborhood revitalization, you've found it. Let's start with the location: this Fountain Square charmer is within close proximity to Pleasant Run, Garfield Park, trails, and many major roads. Next, let's examine the exterior: the large covered porch and fully-fenced back yard are sure to intrigue as they offer both relaxation

  Chris Price Keller Williams Indy Metro Partners

  2202 Woodlawn Ave, Indianapolis, IN 46203
• 

  

  /18

  $1,000

  • 3 Beds
  • 2 Baths

  23 E 36th St, Indianapolis, IN 46205

  For Sale by Court Appointed Auctioneer. Opportunity to acquire 23 E 36th Street, a duplex located in Indianapolis, Indiana. This duplex offers an opportunity to acquire a multi-family property with one unit currently occupied and features spacious floor plans, updated kitchens and bathrooms, modern flooring, and generous living spaces. Interior highlights include granite countertops, stainless

  Brayden Sammons Keller Williams Indy Metro Partners

  23 E 36th St, Indianapolis, IN 46205
• 

  

  /5

  $89,000

  $11K PRICE DROP

  • Land
  • 5,227 Sq Ft
  • $741,667 per Acre

  2150 Bellefontaine St, Indianapolis, IN 46202

  Zoned D8. Lot ready for you to build in Kennedy King. Close to the Monon Trail and MLK Jr. and O'Bannon Park. Lot dimensions are 35' x 150'.

  Debbie Pidgeon United Real Estate Indpls

  2150 Bellefontaine St, Indianapolis, IN 46202

Showing Results 161 - 200, Page 5 of 18