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Indianapolis, IN Homes under $200,000

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  • /11

    $190,000

    • 4 Beds
    • 2 Baths

    2950 W 21st St, 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 $2,025/month, with the potential to increase to an estimated market rent of $2,420/month. The addresses are 2950 W 21st St and 2107

    Andy Tresize Compass Indiana, LLC

    2950 W 21st St, Indianapolis, IN 46222
  • /11

    $199,900

    • 3 Beds
    • 2.5 Baths
    • 1,446 Sq Ft

    4665 Falcon Run Way, Indianapolis, IN 46254

    Excellent investment opportunity with this home to make it yours however you wish. This amazing opportunity is sold AS-IS.

    Ben Grise List With Ben, LLC

    4665 Falcon Run Way, Indianapolis, IN 46254
  • /16

    $110,000

    • 2 Beds
    • 1 Bath
    • 768 Sq Ft

    1521 E Legrande Ave, Indianapolis, IN 46203

    Expand your portfolio with this promising 2-bedroom, 1-bathroom single-family home located near the vibrant neighborhoods of Garfield Park, Bates-Hendricks, and Fountain Square. With a wave of investment and revitalization happening in the area, this property is primed for growth and opportunity. Currently occupied by a tenant on a month-to-month lease, the property generates $1,200/month in

    Andy Tresize Compass Indiana, LLC

    1521 E Legrande Ave, Indianapolis, IN 46203
  • /32

    $184,900

    • 3 Beds
    • 2 Baths
    • 912 Sq Ft

    3002 N Olney St, Indianapolis, IN 46218

    Nestled at 3002 N Olney ST, INDIANAPOLIS, IN, this single-family residence offers a wonderful opportunity to experience comfortable living within a recently constructed home. Built in 2021, this property provides a modern foundation for creating lasting memories. Within this charming abode, you will find three bedrooms, each providing personal space for rest and rejuvenation. Imagine the

    Jan Campbell BluPrint Real Estate Group

    3002 N Olney St, Indianapolis, IN 46218
  • /8

    $174,900

    • 3 Beds
    • 1 Bath
    • 912 Sq Ft

    3443 N Edmondson Ave, Indianapolis, IN 46226

    Nestled at 3443 N Edmondson AVE, INDIANAPOLIS, IN, this single-family residence offers an inviting home, ready for you to move in. The kitchen offers a wonderful space to prepare meals, featuring shaker cabinets that bring a touch of classic design to the heart of this home. Imagine the joy of creating culinary masterpieces in this functional area. With a generous 15159 square feet lot area,

    Mitzi Delp Go Fish Realty

    3443 N Edmondson Ave, Indianapolis, IN 46226
  • /17

    $182,900 Open Sat 12PM - 2PM

    • 2 Beds
    • 1 Bath
    • 1,294 Sq Ft

    2832 Hillside Ave, Indianapolis, IN 46218

    This beautifully updated and truly move-in ready home offers the perfect blend of comfort, functionality, and convenience! With 2 bedrooms and 1 full bathroom, the layout is thoughtfully designed and includes two separate living areas-ideal for entertaining, relaxing, or setting up a home office. A stylish electric fireplace adds warmth and charm to the space, while the breakfast bar connects the

    Jacob Deacon eXp Realty, LLC

    2832 Hillside Ave, Indianapolis, IN 46218
  • /8

    $187,000

    • 2 Beds
    • 2 Baths

    1328 N Chester Ave, Indianapolis, IN 46201

    Investor-ready opportunity in the heart of Indianapolis-this fully leased duplex at 1328-1330 North Chester Ave delivers instant cash flow with no HOA restrictions. Each unit features 1 spacious bedroom, 1 full bath, and comes equipped with a refrigerator and electric range. The property offers two detached car garage , a low-maintenance layout, and reliable tenants already in place. A newer roof

    Pavitar Khakh eXp Realty, LLC

    1328 N Chester Ave, Indianapolis, IN 46201
  • /26

    $155,000

    • 2 Beds
    • 1 Bath
    • 969 Sq Ft

    1336 Norton Ave, Indianapolis, IN 46227

    Welcome to this charming 2-bedroom, 1-bath home with walking distance to the UIndy campus! This turnkey-ready property features thoughtful upgrades throughout, including an updated kitchen, renovated bathroom, laundry room, new carpet in both bedrooms, fresh paint, back patio deck, and more. Enjoy a fully fenced backyard offering privacy and space for outdoor relaxation or entertaining. Whether

    Abril Villegas F.C. Tucker Company

    1336 Norton Ave, Indianapolis, IN 46227
  • /18

    $100,000

    • 2 Beds
    • 1 Bath
    • 986 Sq Ft

    611 N Bradley Ave, Indianapolis, IN 46201

    Welcome to 611 N Bradley Avenue in Indianapolis - a charming 2-bedroom, 1-bath bungalow nestled on a quiet street in the Near Eastside. Built in 1926, this home offers classic character with a spacious living area, an inviting front porch, and a generous yard perfect for relaxing or entertaining. The unfinished basement provides ample storage. Just minutes from downtown, local parks, and schools,

    Cleia and Ben Tupper Keller Williams Indy Metro S

    611 N Bradley Ave, Indianapolis, IN 46201
  • /10

    $184,900

    • 3 Beds
    • 1 Bath
    • 1,280 Sq Ft

    101 E Palmer St, Indianapolis, IN 46225

    This property is a great opportunity for an investor. The home has a fenced yard and a two car garage. A unique feature for the area. THE PROPERTY IS BEING SOLD AS IS!

    Sherre Krajewski Barclay Realty Group

    101 E Palmer St, Indianapolis, IN 46225
  • /18

    $179,900

    • 3 Beds
    • 1 Bath
    • 1,176 Sq Ft

    4463 N Bolton Ave, Indianapolis, IN 46226

    This charming 3-bedroom, 1-bath ranch offers spacious living and thoughtful updates throughout. Situated on an oversized yard, the property features a large detached two-car garage that doubles as a workshop-perfect for hobbyists or extra storage. Inside, you'll find a bright and expansive living room, a recently updated kitchen with modern finishes, and a designated dining room ideal for

    Christopher Wynkoop Wynkoop Brokerage Firm, LLC

    4463 N Bolton Ave, Indianapolis, IN 46226
  • /42

    $140,000

    • 2 Beds
    • 1 Bath
    • 700 Sq Ft

    1877 Barth Ave, Indianapolis, IN 46203

    Delightful bungalow in the heart of Indianapolis! This two-bedroom, one-bath home combines cozy living with surprising space, featuring a full unfinished basement with laundry and additional bedroom potential. Enjoy meals in the spacious dining area adjacent to a bright kitchen, and relax in the comfortable living room with classic details. Outside, the large yard offers endless possibilities for

    Allyson Brooks Mark Dietel Realty, LLC

    1877 Barth Ave, Indianapolis, IN 46203
  • /19

    $167,500

    • 2 Beds
    • 2 Baths
    • 1,467 Sq Ft

    4002 E Pleasant Run Parkway Dr N, Indianapolis, IN 46201

    Welcome to this charming updated 2-bedroom, 2-bathroom home nestled on a spacious corner lot. Step inside through the inviting enclosed front porch, perfect for enjoying morning coffee or evening relaxation. New LVP flooring and interior paint create a clean, modern feel throughout the home. The kitchen features new stainless steel appliances, butcher block countertops, and a stylish tile

    Denise LaChance Tyler Knows Real Estate LLC

    4002 E Pleasant Run Parkway Dr N, Indianapolis, IN 46201
  • /41

    $194,000

    • 3 Beds
    • 3 Baths

    1757 Howard St, Indianapolis, IN 46221

    Remarkable investment opportunity in West Indianapolis! This cash flowing duplex has been thoroughly updated and is strongly positioned to benefit its next owner. Both sides recently rented, gross rents equal $2,000/month. 1757 is a 2 bed 1 bath lower unit that includes an extra office or flex room. 1759 is a 2 bed 2 bath lower/upper unit, and one of the bedrooms is partitioned to allow for an

    Joel Newman Blue Sky Realty Group

    1757 Howard St, Indianapolis, IN 46221
  • /17

    $169,900

    • 3 Beds
    • 2 Baths
    • 1,056 Sq Ft

    902 Woodrow Ave, Indianapolis, IN 46241

    Discover this newly remodeled home just off Washington St! Featuring 3 spacious bedrooms, 2 updated bathrooms, fresh paint, new cabinets, flooring, and modern finishes throughout. Enjoy a large yard-perfect for entertaining or relaxing. Conveniently located with quick access to shopping, dining, and highways. Don't miss this one!

    Kendrick Davis Davis Realty Group

    902 Woodrow Ave, Indianapolis, IN 46241
  • /16

    $169,900

    • 3 Beds
    • 2 Baths
    • 1,068 Sq Ft

    1718 Draper St, Indianapolis, IN 46203

    Welcome to this beautifully updated 3-bedroom, 2-bath home! This charming residence boasts an open floor plan, perfect for entertaining or relaxing in style. Step inside to brand-new luxury vinyl plank (LVP) flooring throughout, with sleek tile in both bathrooms for a modern touch. The kitchen is a showstopper, featuring brand-new cabinets, warm butcher block countertops, and stainless steel

    Denise LaChance Tyler Knows Real Estate LLC

    1718 Draper St, Indianapolis, IN 46203
  • /26

    $174,000

    • 3 Beds
    • 1.5 Baths
    • 936 Sq Ft

    4880 N Katherine Dr, Indianapolis, IN 46226

    Well-maintained 3-bedroom, 1.5-bath ranch-style home with approximately 936 sq ft, located on a desirable corner lot. This home features a functional layout with a comfortable living room, a cozy family room for added space, and an eat-in kitchen with ample cabinet storage. Three bedrooms are served by a full bath and a convenient half bath. Enjoy the ease of a single-level layout, an attached

    Nina Klemm F.C. Tucker Company

    4880 N Katherine Dr, Indianapolis, IN 46226
  • /4

    $200,000

    • 5 Beds
    • 2 Baths

    621 N Rural St, Indianapolis, IN 46201

    Great Duplex for investor to update & make significant quick equity and income. 4 units. 2 in front with 4 BR each and 2 small ones in back with 1 BR each. There was a fire in this duplex and since then it has been empty and needs work. A little sweat equity and a smart investor will enjoy excellent gains! Seller is looking for CASH sale to close in 10 days from signed purchase agreement.

    Chas Schaffernoth F.C. Tucker Company

    621 N Rural St, Indianapolis, IN 46201
  • /29

    $139,900

    • 2 Beds
    • 1 Bath
    • 816 Sq Ft

    2526 Caroline Ave, Indianapolis, IN 46218

    Step into this beautifully renovated 2-bedroom cottage in the heart of Martindale-Brightwood. With fresh updates throughout and charming 1920s character still intact, this home is move-in ready and full of personality. The wood exterior and inviting front porch make a warm first impression, perfect for someone looking for a cozy place to call home. Inside, you'll find 816 square feet of

    Terry Young Red Bridge Real Estate

    2526 Caroline Ave, Indianapolis, IN 46218
  • /23

    $180,000

    • 2 Beds
    • 1 Bath
    • 1,248 Sq Ft

    184 N Post Rd, Indianapolis, IN 46219

    Recently updated from top to bottom, this home features brand new vinyl plank flooring and fresh paint throughout for a clean, modern look. The kitchen includes all-new stainless steel appliances and updated finishes that blend style and functionality. The full bathroom has been completely remodeled with sleek, contemporary fixtures. A cozy sunroom adds bonus living space, great for morning

    Blake Settles Ever Real Estate, LLC

    184 N Post Rd, Indianapolis, IN 46219
  • /6

    $114,900

    • 2 Beds
    • 1 Bath
    • 1,342 Sq Ft

    3220 E New York St, Indianapolis, IN 46201

    First time on the market. The woodworking is original and beautiful. Great home to rehab or will make for a great rental property. This is a great opportunity to own for less than rent. Easy to show.

    Tonya Reynolds Top Notch Real Estate Group

    3220 E New York St, Indianapolis, IN 46201
  • /26

    $115,000

    • 3 Beds
    • 1 Bath
    • 972 Sq Ft

    3505 N Emerson Ave, Indianapolis, IN 46218

    Step inside this solid brick ranch in the Forest Manor neighborhood and see the potential for yourself. With 3 bedrooms, 1 full bath, and nearly 1,000 square feet of living space, this home offers a great layout and timeless charm. The all-brick exterior adds durability and curb appeal, while the large pad out back gives you the option to add a garage or create a great outdoor space. Built in

    Terry Young Red Bridge Real Estate

    3505 N Emerson Ave, Indianapolis, IN 46218
  • /33

    $165,000

    • 4 Beds
    • 1 Bath
    • 1,572 Sq Ft

    3909 Richelieu Ct, Indianapolis, IN 46226

    This cherished home has been filled with years of memories, love, and laughter - and now it's ready for a fresh chapter. Brimming with potential, this bi-level residence features 3 bedrooms and 1 bath on the main floor, along with a welcoming kitchen and living room. The lower level offers an additional bedroom, a cozy family room with fireplace, laundry area, and convenient access to the

    Courtney Nix Key Realty Indiana

    3909 Richelieu Ct, Indianapolis, IN 46226
  • /25

    $149,000

    • 2 Beds
    • 2 Baths
    • 1,455 Sq Ft

    3408 Harvest Ave, Indianapolis, IN 46226

    Investor ready and packed with perks, this turnkey property is perfect for anyone looking to start or grow their real estate portfolio. It is low maintenance, in excellent condition, and offers strong income potential. The seller is offering $10,000 toward your purchase; ask how this can be applied to closing costs, rate buydowns, or more. The property has been beautifully updated with fresh

    Jameka Howard Signature Realty Group

    3408 Harvest Ave, Indianapolis, IN 46226
  • /30

    $173,950

    • 3 Beds
    • 1 Bath
    • 1,294 Sq Ft

    4006 Kenneth Ave, Indianapolis, IN 46226

    This single-family residence offers a unique opportunity to craft a comfortable life in a well-established location. The property presents a canvas for your vision, ready to be shaped into the home of your dreams. The residence features three bedrooms, providing flexible spaces that can easily adapt to your evolving needs, whether you envision peaceful retreats, inspiring home offices, or

    Jason Ortiz Gonzalez F.C. Tucker Company

    4006 Kenneth Ave, Indianapolis, IN 46226
  • /19

    $157,000

    • 4 Beds
    • 1 Bath
    • 1,107 Sq Ft

    3525 Luewan Ct, Indianapolis, IN 46235

    This 4 bedroom, 1 bath home is waiting for your personal touch. It is nestled in a quiet neighborhood on a peaceful cul-de-sac. Inside, you'll find a comfortable living room and a spacious kitchen. The fenced-in backyard offers privacy and potential for outdoor enjoyment. With a little TLC, this home could truly shine. Perfect for investors or buyers looking to build equity!

    Edwin Watson Triple E Realty, LLC

    3525 Luewan Ct, Indianapolis, IN 46235
  • /34

    $125,000

    • 2 Beds
    • 1 Bath
    • 971 Sq Ft

    916 N Warman Ave, Indianapolis, IN 46222

    Great opportunity for first-time buyers, investors, or anyone looking to downsize! This cozy 2-bedroom, 1-bath home is not only move-in ready, but also more affordable than renting. With just the right touch, this charming space is ready to become your next home. Whether you're starting out or adding to your portfolio, this property offers incredible potential. Don't miss your chance to

    Maryan Jones Dix Realty Group

    916 N Warman Ave, Indianapolis, IN 46222
  • /6

    $125,000

    • 3 Beds
    • 1 Bath
    • 1,008 Sq Ft

    1641 S Sherman Dr, Indianapolis, IN 46203

    Investor Alert or Future Home with Charm. Great opportunity for investors or future homeowners looking for a charming property with built-in income. This 3-bedroom, 1-bath home sits on a 0.8 acre lot and offers 1,008 sq ft of living space. Inside, you'll find three nicely sized bedrooms, a full bath, and a dedicated laundry room - all laid out on a single level. While the home could benefit

    Jessica Madrigal F.C. Tucker Company

    1641 S Sherman Dr, Indianapolis, IN 46203
  • /6

    $100,000

    • 3 Beds
    • 1 Bath
    • 872 Sq Ft

    1206 W 25th St, Indianapolis, IN 46208

    Located in Marion County, this tenant-occupied single-family residence offers an excellent investment opportunity in the heart of Indianapolis. Built in 1900, this charming one-story home blends historic character with functional living, featuring 3 bedrooms, 1 full bathroom, and 872 sq ft of interior space. The kitchen is highlighted by a stylish backsplash, making it both practical and

    Preeti Kaur Hoosier, REALTORS®

    1206 W 25th St, Indianapolis, IN 46208
  • /4

    $110,000

    • 2 Beds
    • 1 Bath
    • 780 Sq Ft

    3445 Graceland Ave, Indianapolis, IN 46208

    This home in Crown Hill is a great value-add opportunity-whether you're a first-time homebuyer ready to build sweat equity or an investor expanding your rental portfolio. Currently occupied by an at-will tenant paying $800/month, it offers immediate income with upside potential through upgrades and rent growth. Ideally located with quick access to Downtown Indy, Newfields, Butler University, and

    Max Moore @properties

    3445 Graceland Ave, Indianapolis, IN 46208
  • /15

    $175,000

    • 1 Bed
    • 1 Bath
    • 660 Sq Ft

    2349 N Lasalle St, Indianapolis, IN 46218

    CALLING ALL INVESTORS - Check out this rental income producing DUPLEX in Indianapolis! Tenant occupied and ready for you to start your investment journey. Both units are 1 bedrooms with 660 sqft each. Please provide 48 hour notice for showings. Contact listing agent with any questions

    Christopher Stjernholm Trelora Realty

    2349 N Lasalle St, Indianapolis, IN 46218
  • /62

    $195,000

    • 3 Beds
    • 1 Bath
    • 972 Sq Ft

    1550 E Tabor St, Indianapolis, IN 46203

    Welcome to this beautifully updated 3-bedroom, 1-bath home with a 2-car detached garage, offering a perfect blend of modern comfort and timeless charm. Inside, you'll find brand new flooring throughout, new carpet in the bedrooms, an updated bathroom, and a renovated kitchen equipped with all new appliances. The home has also received a new roof on both the house and the garage, offering added

    Isaac Couch Kenter Real Estate, LLC

    1550 E Tabor St, Indianapolis, IN 46203
  • /40

    $199,900

    • 4 Beds
    • 1.5 Baths
    • 2,416 Sq Ft

    1040 Winfield Ave, Indianapolis, IN 46222

    Nestled at 1040 Winfield AVE, INDIANAPOLIS, IN, this single-family residence presents an inviting home ready for you to move in. Imagine mornings spent on the porch, a perfect spot for enjoying a cup of coffee as the day begins. The kitchen, featuring shaker cabinets and a backsplash, offers a space to create culinary masterpieces and lasting memories. Laundry day becomes less of a chore in the

    Mark Jones PMI Midwest

    1040 Winfield Ave, Indianapolis, IN 46222
  • /6

    $150,000

    • 2 Beds
    • 2 Baths

    47 N Catherwood Ave, Indianapolis, IN 46219

    Fully rented and cash-flowing, this turnkey duplex in the heart of Irvington brings in $1,250/month with long-term tenants in place through 11/30/2025. Both units are leased at $625/month, offering reliable income with potential for future rent growth. Located just steps from ALDI, Starbucks, Jockamo Pizza, and Lincoln Square Pancake House, the property sits in a highly walkable area with strong

    Max Moore @properties

    47 N Catherwood Ave, Indianapolis, IN 46219
  • /23

    $165,000

    • 2 Beds
    • 1.5 Baths
    • 1,203 Sq Ft

    6458 Watham Ct, Indianapolis, IN 46250

    Fabulous fixer-upper opportunity in popular Sun Lakes at Bayside! This 2-bedroom, 1.5-bath, 2-story condo is full of potential and perfectly positioned at the end of a quiet cul-de-sac. Nestled along the edge of a peaceful pond, the back deck offers tranquil water views-ideal for morning coffee or evening relaxation. Inside, you'll find a spacious living room with soaring ceilings, a loft area

    Phillip Lande Real Broker, LLC

    6458 Watham Ct, Indianapolis, IN 46250
  • /32

    $150,000

    • 2 Beds
    • 1 Bath
    • 720 Sq Ft

    2933 S East St, Indianapolis, IN 46225

    Charming and updated, this 1-bedroom, 1-bath home in Marion County beautifully blends classic character with modern upgrades. The remodeled kitchen features stylish shaker cabinets and a reverse osmosis water filter, while the updated bathroom and new flooring add comfort and convenience. Enjoy outdoor living in the spacious backyard with a double-tiered deck, fire pit, and raised flower beds in

    Craig DeBoor Real Broker, LLC

    2933 S East St, Indianapolis, IN 46225
  • /15

    $174,999

    • 3 Beds
    • 1 Bath
    • 936 Sq Ft

    Unlisted Address

    Charming 3-bedroom ranch in Wayne Township near the Indianapolis Motor Speedway. This home features updated laminate flooring in the living room, kitchen, and hallway. Enjoy a large, fully fenced backyard, a one-car garage, and a separate laundry room conveniently located near the kitchen and back door. Located in a quiet neighborhood, this property is ideal for a small family or as an investment

    Michael Peterson Hoosier, REALTORS®

    Unlisted Address
  • /21

    $199,900

    • 4 Beds
    • 2 Baths
    • 2,170 Sq Ft

    1020 Denison St, Indianapolis, IN 46241

    Presenting 1020 Denison Street, a single-family residence nestled in a desirable and convenient west side location close to shopping and just minutes from downtown Indianapolis. Inside, this home features many updates, including a brand new stainless steel electric oven/range and refrigerator. The kitchen presents shaker cabinets, providing a functional and stylish space to create memorable

    Michael Carter RE/MAX Advanced Realty

    1020 Denison St, Indianapolis, IN 46241
  • /28

    $199,000

    • 2 Beds
    • 1.5 Baths
    • 1,607 Sq Ft

    3084 Armory Dr, Indianapolis, IN 46208

    Move-In Ready Townhome with 2 Car Garage that has been completely refreshed! Recent updates include newer vinyl plank flooring & carpeting 2022, 2025 stainless steel appliances, ceiling fans, & light fixtures. A/C 2020. Furnace 2013. The interior has been freshly painted throughout, including Kitchen & Bathroom Cabinets. This home offers practical living with low maintenance & conveniently

    Jamie Woodruff F.C. Tucker Company

    3084 Armory Dr, Indianapolis, IN 46208
  • /21

    $119,500

    • 3 Beds
    • 1 Bath
    • 936 Sq Ft

    1654 E Bradbury Ave, Indianapolis, IN 46203

    This 3-bedroom cottage in the Bean Creek neighborhood is full of charm and ready for someone to bring it back to life. With 936 square feet of living space, this home offers a classic layout, original character, and great potential for the right buyer. Whether you're looking for a starter home or a renovation project, this one has solid bones and room to grow. Built in 1932 with a

    Terry Young Red Bridge Real Estate

    1654 E Bradbury Ave, Indianapolis, IN 46203

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