Indianapolis, IN Homes for Sale under $200,000

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  /30

  $140,000

  • 2 Beds
  • 2 Baths

  137 S Sheridan Ave, Indianapolis, IN 46219

  Fantastic Cash flowing duplex! 137 side is vacant and has been updated within the last two months! Updated LVP flooring, Paint, Kitchen, Bath. New total sewer line replaced in 2022. Don't miss adding this to your rental portfolio today! One side is currently rented at $700/month. The other side is vacant and ready for showings and rental.

  Beau Matlock Matlock Realty Group

  137 S Sheridan Ave, Indianapolis, IN 46219
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  /21

  $129,999

  • 3 Beds
  • 2 Baths
  • 1,336 Sq Ft

  2631 Southeastern Ave, Indianapolis, IN 46201

  This property offers a great opportunity for a buyer to add their own finishing touch and call it home or for an investor to start or add to a portfolio. This property is perfectly located within walking distance of a grocery store, shops, and restaurants. Additionally, you can be in downtown Indianapolis within a few minutes in a car or to most of the immediate suburbs within 20-30 minutes. Do

  Evan Wilbrandt Wilmoth Group

  2631 Southeastern Ave, Indianapolis, IN 46201
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  /26

  $170,000

  • 2 Beds
  • 1 Bath
  • 936 Sq Ft

  2601 Beach Ave, Indianapolis, IN 46240

  Situated in the highly sought-after Washington Township School district, this 2 Bedroom/1 Bath Bungalow offers a fantastic opportunity for buyers looking to build sweat equity, personalize a space to call their own, or add to their rental portfolio. Inside, you'll find the timeless warmth of hardwood-style floors and an ample Great Room, anchored by a classic wood-burning stove. Primary Bedroom

  Erin Martin Scott F.C. Tucker Company

  2601 Beach Ave, Indianapolis, IN 46240
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  /27

  $140,000

  • 4 Beds
  • 1 Bath
  • 1,276 Sq Ft

  1546 Hoefgen St, Indianapolis, IN 46203

  Whether you're looking for your next flip or a first home where you can build massive sweat equity, this is the one. This 3-bedroom, 1-bath traditional home offers over 1,700 sq. ft. of raw potential in one of Indy's most resilient investment pockets. Rare 3-bedroom footprint at this price point. The main floor features spacious living areas and a kitchen with character-rich cabinetry and a

  Miguel Rodriguez Keller Williams Indy Metro S

  1546 Hoefgen St, Indianapolis, IN 46203
• 

  

  

  /23

  $199,900

  • 2 Beds
  • 2 Baths
  • 960 Sq Ft

  1131 E Gimber St, Indianapolis, IN 46203

  A short walk from multiple historic and cultural attractions in the Garfield Park neighborhood, sits this beautifully renovated 2 bedroom bungalow with a great side yard and massive 2-car detached garage. Step inside the fully enclosed front porch and immediately get a sense of HOME. HUGE formal living room for entertaining, split floor plan, primary suite w/walk-in closet and completely new

  Patsy Coffey Keller Williams Indy Metro S

  1131 E Gimber St, Indianapolis, IN 46203
• 

  

  /19

  $154,500

  • 2 Beds
  • 1.5 Baths
  • 965 Sq Ft

  3025 Arrow Wood Ln, Indianapolis, IN 46214

  Welcome to easy living in the Fox Ridge neighborhood! This charming 2-bedroom, 1.5-bath condo offers the perfect blend of comfort, convenience, and low-maintenance living, ideal for both homeowners and savvy investors. Step inside to find a functional layout with spacious living areas, two comfortable bedrooms, an ensuite master bathroom, and a convenient half bath for guests on the main level.

  Kasey Sowders 1 Percent Lists Indiana Real Estate

  3025 Arrow Wood Ln, Indianapolis, IN 46214
• 

  

  /30

  $175,000

  • 2 Beds
  • 2 Baths
  • 1,810 Sq Ft

  7450 Lions Head Dr Unit A, Indianapolis, IN 46260

  Residing at 7450 Lions Head DR Unit # A in INDIANAPOLIS, IN, USA, this condominium presents an inviting home experience, ready for immediate enjoyment. Encompassing 1810 square feet of living area, this residence provides expansive spaces designed for sophisticated comfort and personal expression. The kitchen, a central gathering space, features a built-in refrigerator, enhancing both its

  Tony Papalia New Quantum Realty Group

  7450 Lions Head Dr Unit A, Indianapolis, IN 46260
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  /17

  $199,900

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

  3827 Graceland Ave, Indianapolis, IN 46208

  Check out this updated 4 bedroom 2 bath home complete with solid surface flooring throughout. Large main floor room sizes with entry area, living room plus a separate dining room. Recently updated appliances. Two full bathrooms, one on each floor. 4 total bedrooms with a private sitting area off the main bedroom. You will love spending time on the full length covered front porch.

  Marty Matlock Matlock Realty Group

  3827 Graceland Ave, Indianapolis, IN 46208
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  /24

  $165,000

  • 1 Bed
  • 1 Bath
  • 754 Sq Ft

  55 S Harding St Unit 208, Indianapolis, IN 46222

  Welcome to H. Lauter Lofts, one of Indianapolis' most distinctive historic conversions, where 100-year-old industrial character sets the stage for everyday downtown-adjacent living. Unit 208 is a loft-style 1-bedroom, 1-bath condo with real character, featuring 12-foot wood beam ceilings, exposed brick walls, exposed ductwork, and warm stained concrete floors that give the space a richness that

  Jimmy Ondecko F.C. Tucker Company

  55 S Harding St Unit 208, Indianapolis, IN 46222
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  /29

  $119,900

  • 3 Beds
  • 1 Bath
  • 744 Sq Ft

  3383 Station St, Indianapolis, IN 46218

  Nestled within the heart of INDIANAPOLIS, IN, USA, at 3383 Station ST, awaits an inviting home, meticulously prepared and ready to move in. The kitchen provides a delightful setting for culinary pursuits, featuring elegant shaker cabinets that offer ample storage and complement the beautiful stone countertops, creating a space for both utility and aesthetic enjoyment. This single family residence

  Butch Stanifer Stanifer & Associates Real Est

  3383 Station St, Indianapolis, IN 46218
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  /28

  $174,000 Open Sat 12PM - 2PM

  • 2 Beds
  • 2 Baths
  • 1,476 Sq Ft

  926 Ardsley Dr, Indianapolis, IN 46234

  Beautifully maintained 2-bedroom, 2-bathroom one-level condo offering comfortable and easy living. This home features a bright sunroom with a vaulted ceiling, creating the perfect space to relax while enjoying plenty of natural light. The property has been well cared for and features updated mechanicals, providing peace of mind for the next owner. The functional layout offers spacious bedrooms, a

  Barbara Whiteside Keller Williams Indy Metro NE

  926 Ardsley Dr, Indianapolis, IN 46234
• 

  

  /23

  $175,000

  • 3 Beds
  • 1 Bath
  • 996 Sq Ft

  1629 Sharon Ave, Indianapolis, IN 46222

  Welcome to 1629 Sharon Ave - a move-in-ready 3-bedroom home offering stylish updates and convenient access to downtown Indianapolis and the Indianapolis Motor Speedway. Recent improvements include updated electrical, newer panel, HVAC, plumbing, windows, interior and exterior paint, flooring, and an updated bathroom, giving buyers peace of mind from day one. The bright interior, refreshed

  Dominick Jones @properties

  1629 Sharon Ave, Indianapolis, IN 46222
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  /11

  $182,000

  • 2 Beds
  • 1 Bath

  3101 E Bradbury Ave, Indianapolis, IN 46203

  Seize the day and take advantage of an excellent opportunity for an investor who wants a nice brick duplex that cash flows! Located just NW of Beech Grove, this rental property has 762 sf of space/unit with 2 BR's and 1 BA on each side. The first unit's address is 2401 S Perkins and is vacant, and newly rehabbed. It features new LVL flooring throughout, fresh paint, new smoke detectors, newly

  Joe Farley Tomorrow Realty, Inc.

  3101 E Bradbury Ave, Indianapolis, IN 46203
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  /29

  $183,500

  • 2 Beds
  • 1 Bath
  • 850 Sq Ft

  2624 E 18th St, Indianapolis, IN 46218

  Step into class with this freshly remodeled home near Factory Arts district! Walk through the front door and feel the home open up, from the living room all the way to the kitchen. This home has been designed for modern convenience and elegant style. Float over the luxury flooring that carries through the entire home. This high end flooring will greet you every day and keep the home not just

  Alexander Moore FULL CANOPY REAL ESTATE, LLC

  2624 E 18th St, Indianapolis, IN 46218
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  /18

  $139,000

  • 3 Beds
  • 1 Bath
  • 988 Sq Ft

  Unlisted Address

  INVESTORS HERE IS ONE TO SEE, 3 BEDROOM NEW FURNACE AND AC UNIT LAST FALL, ROOF EST 2-3 YEARS OLD. OVER SIZED 2 CAR BLOCK GARAGE. NEWER VINYL REPLACEMENT WINDOWS. THE HOME NEEDS COSMETICS AND SOME TLC TO MAKE IT YOUR OWN... HOME IS BEING SOLD ASIS. INSPECTIONS WELCOME... SELLER WILL NOT MAKE ANY IMPROVEMENTS.

  Roger Poynter Today's Real Estate

  Unlisted Address
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  /45

  $184,900

  • 3 Beds
  • 1.5 Baths
  • 1,025 Sq Ft

  205 Burke Ave, Indianapolis, IN 46234

  Welcome Home! This charming well-cared-for ranch offers 3 bedrooms, 1.5 baths, and a 1-car heated and air-conditioned garage complete with a workbench perfect for hobbies, projects, or extra workspace year-round. Step inside and you'll immediately notice the beautiful original hardwood floors that bring warmth, character, and timeless charm throughout much of the home. The comfortable layout is

  Dee Carter Highgarden Real Estate

  205 Burke Ave, Indianapolis, IN 46234
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  /31

  $199,000

  • 3 Beds
  • 1 Bath
  • 1,340 Sq Ft

  2621 Hillside Ave, Indianapolis, IN 46218

  Welcome to this charming ranch home offering comfortable living with a functional layout. This 3-bedroom, 1-bath home provides a warm and inviting atmosphere. Step inside to a bright living area that welcomes you with natural light and flows easily into the kitchen and dining space. The kitchen features a tile backsplash and quartz countertops. All three bedrooms are thoughtfully positioned and

  Timeko Whitaker F.C. Tucker Company

  2621 Hillside Ave, Indianapolis, IN 46218
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  /21

  $154,900

  • 3 Beds
  • 1 Bath
  • 1,042 Sq Ft

  2921 E Brookside Ave, Indianapolis, IN 46218

  Move right in! This fully renovated 3-bedroom, 1-bath home with a one-car garage boasts a brand-new roof, furnace, AC, windows, flooring, and fresh paint inside and out. Perfectly located near downtown Indy, Bottleworks, and Brookside Park, this home blends modern style with everyday convenience.

  Hayley Wild Compass Indiana, LLC

  2921 E Brookside Ave, Indianapolis, IN 46218
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  /36

  $170,000

  • 3 Beds
  • 1 Bath
  • 1,040 Sq Ft

  2816 W Ray St, Indianapolis, IN 46221

  This beautifully updated three bedroom Traditional American home is perfectly situated at the end of a quiet street just minutes from the excitement of downtown Indianapolis. From the expansive covered front porch to the refined interior details every inch of this property is designed for modern comfort. The main level offers a sophisticated living room with crown molding and newer wide plank

  Tyler Tischendorf @properties

  2816 W Ray St, Indianapolis, IN 46221
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  /26

  $185,000

  • 2 Beds
  • 1 Bath
  • 810 Sq Ft

  2702 N Talbott St, Indianapolis, IN 46205

  Buy this home and rent it out, 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. Equidistant from all the fun and activities found downtown and in Broad Ripple, and just a block from the Red Line, you'll love this condo and its easy access to all parts of the city. Enjoy the new oven and range and

  Chris Varnau F.C. Tucker Company

  2702 N Talbott St, Indianapolis, IN 46205
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  /34

  $200,000

  • 1 Bed
  • 1 Bath
  • 910 Sq Ft

  55 S Harding St Unit 405, Indianapolis, IN 46222

  Exposed brick, soaring 12-foot ceilings, and original wood beams set the tone for authentic loft living at the iconic H. Lauter Lofts, where Indy's industrial history meets modern downtown style just minutes from the heart of the city. This beautifully updated 1-bedroom, 1-bath condo offers incredible character, convenience, and value in one of Indianapolis' most distinctive industrial buildings.

  Kelly Burns Berkshire Hathaway Home

  55 S Harding St Unit 405, Indianapolis, IN 46222
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  /21

  $190,000

  • 4 Beds
  • 2 Baths
  • 1,690 Sq Ft

  11931 E Welland St, Indianapolis, IN 46229

  Welcome to one of the largest end-unit condo townhomes in Raintree! Home features new flooring throughout, all new kitchen appliances, cabinetry, and island. Full bathroom and bedroom on the main level, with a second full bathroom upstairs. The main level offers a private bedroom with its own separate entry ideal for a roommate or rental opportunity. The upstairs primary suite features a walk-in

  Ashley Baker Berkshire Hathaway Home

  11931 E Welland St, Indianapolis, IN 46229
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  /25

  $149,900

  • 1 Bed
  • 1 Bath
  • 589 Sq Ft

  801 N Pennsylvania St Unit B, Indianapolis, IN 46204

  Lovely condo with a location you can't beat, offering convenience to all that downtown Indy has to offer. Updates galore, move-in ready, and sold with all furniture included, so there's absolutely nothing needed on your part! Laundry in unit (washer/dryer included) and loads of storage - extremely practical. Roof is being replaced this year (already paid for), HOA for this basement unit as well

  Brian Maire United Real Estate Indpls

  801 N Pennsylvania St Unit B, Indianapolis, IN 46204
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  /40

  $125,000

  • 2 Beds
  • 1 Bath
  • 1,285 Sq Ft

  3724 E Market St, Indianapolis, IN 46201

  Welcome to 3724 E Market St, a great opportunity for both homeowners and investors in the heart of Indianapolis. This charming home offers solid updates that provide peace of mind for years to come, including a new roof (2020), water heater (2020), partial sewer replacement (2021), and a new HVAC system (2023)-major improvements that reduce immediate maintenance costs and add long-term value.

  Daniel Hubbard eXp Realty LLC

  3724 E Market St, Indianapolis, IN 46201
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  /21

  $199,990

  • 1 Bed
  • 1.5 Baths
  • 1,848 Sq Ft

  2023 Shelby St, Indianapolis, IN 46203

  Mixed Use Property Located in Vibrant Area on Historic Shelby Street. At the Corner of Shelby & Raymond, with hundreds of vehicle traffic options every day, this property gives options of branding to many, while having a 2nd Floor Apartment for Additional Income. 1st Floor could have multiple work areas or left as-is for a multitude of business options. Out front business parking, plus alley

  Jason Hess Compass Indiana, LLC

  2023 Shelby St, Indianapolis, IN 46203
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  /11

  $158,900

  • 3 Beds
  • 1 Bath
  • 1,032 Sq Ft

  1147 S Chester Ave, Indianapolis, IN 46203

  Perfectly positioned between the trendy energy of Fountain Square and the historic charm of Irvington! This 3-bedroom home is a rare find for those looking to build instant value. The heavy lifting is already done with a newer HVAC (1.5 yrs), all-new plumbing (2025), and updated front faux-stone siding. Inside, the kitchen shines with granite countertops, while the original hardwood floors are

  Nancy Hernandez F.C. Tucker Company

  1147 S Chester Ave, Indianapolis, IN 46203
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  /27

  $199,900

  • 2 Beds
  • 1.5 Baths
  • 992 Sq Ft

  6717 Dusk Ct, Indianapolis, IN 46254

  Welcome to this move-in ready ranch tucked on a quiet cul-de-sac near Eagle Creek. This 2 bedroom, 1 1/2 bath home offers an open layout with nearly 1,000 square feet of living space. Making it ideal for first-time buyers or downsizers! The spacious living room flows easily into the kitchen and dining area, creating a comfortable space for everyday living and entertaining. The primary bedroom

  Tia Vote eXp Realty, LLC

  6717 Dusk Ct, Indianapolis, IN 46254
• 

  

  /22

  $130,000

  • 2 Beds
  • 1 Bath
  • 812 Sq Ft

  3731 Baltimore Ave, Indianapolis, IN 46218

  Charming 2-bedroom, 1-bath home located just minutes from Downtown Indianapolis, offering both comfort and convenience. This property features fresh interior paint and updated LVP flooring throughout, creating a clean and modern feel. The home also includes a versatile bonus room that can be used as a home office, playroom, guest space, or additional living area. A detached 2-car garage provides

  Perla Palma Keller Williams Indy Metro S

  3731 Baltimore Ave, Indianapolis, IN 46218
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  /36

  $139,900

  • 2 Beds
  • 1 Bath
  • 768 Sq Ft

  729 N Euclid Ave, Indianapolis, IN 46201

  Thoughtfully remodeled bungalow nestled between the Grace-Tuxedo and Emerson Heights neighborhoods! This 2 bed, 1 bath home has been fully renovated to maximize space and modern functionality. The open kitchen offers generous counter space with bar-top seating, stainless steel appliances, and stylish modern finishes-perfect for entertaining. The en-suite bathroom features custom tilework and

  Ryan Boyd Trueblood Real Estate

  729 N Euclid Ave, Indianapolis, IN 46201
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  /31

  $125,000

  • 3 Beds
  • 2 Baths
  • 1,344 Sq Ft

  318 N Colorado Ave, Indianapolis, IN 46201

  Attention Investors! This home is located just minutes from the historic Irvington neighborhood. This property features 3 bedrooms and 2 full bathrooms, offering approximately 2,016 sq ft of living space. The home sits on a generous 5,445 sq ft lot, giving you space for outdoor enjoyment. With easy access to transportation routes, local amenities, and the unique charm of Irvington nearby, this

  Todd Bailey Ever Real Estate, LLC

  318 N Colorado Ave, Indianapolis, IN 46201
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  /32

  $145,000

  • 2 Beds
  • 1 Bath
  • 856 Sq Ft

  1521 N Gladstone Ave, Indianapolis, IN 46201

  Welcome to this charming and affordable 2-bedroom, 1-bath bungalow offering simple, comfortable living in a convenient location. Inside, you'll find a bright living area, functional kitchen, and two well-sized bedrooms that make great use of the home's efficient layout. This property is perfect for first-time buyers, downsizers, or investors looking for a solid opportunity. The manageable yard

  Mya Williams F.C. Tucker Company

  1521 N Gladstone Ave, Indianapolis, IN 46201
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  /3

  $114,900

  • 3 Beds
  • 1 Bath
  • 900 Sq Ft

  1448 Saint Peter St, Indianapolis, IN 46203

  An Indy investor dream! Check out this well maintained single family rental, just minutes from classic Fountain Square hotspots like Yaso, Kuma's Corner, and 317 Movement. This property is currently rented to long term tenants for $1,130 per month through August of 26'. Great opportunity to add to your rental portfolio with this turnkey rental. Snatch this place up before it's gone!

  Trent Kiester @properties

  1448 Saint Peter St, Indianapolis, IN 46203
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  /17

  $179,900

  • 2 Beds
  • 2 Baths
  • 1,442 Sq Ft

  6509 Emerald Hill Ct Unit 101, Indianapolis, IN 46237

  Convenient, low-maintenance living in a fantastic location! This first-floor condominium offers easy access and is just a 2-minute drive from Target, Home Depot, Aldi, and other popular shopping and dining options, making everyday errands a breeze. Enjoy the benefits of a well-maintained community with an HOA that covers water, sewer, trash, exterior building maintenance, lawn care, and access to

  Kim Ammerman Coldwell Banker Martin Miller Lamb

  6509 Emerald Hill Ct Unit 101, Indianapolis, IN 46237
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  /37

  $157,000

  • 2 Beds
  • 1.5 Baths
  • 1,472 Sq Ft

  3737 Lima North Dr, Indianapolis, IN 46227

  Welcome to 3737 Lima N Dr., Indianapolis, IN 46227! This beautifully updated 2-bedroom, 1.5-bath condominium in desirable Perry Township offers comfort, convenience, and value. Fresh paint throughout gives the entire home a clean, modern feel, while the brand-new deck and fenced outdoor space provide the perfect setting for relaxing or entertaining. Inside, you'll find a functional layout with a

  Brandon Frye Keller Williams Indy Metro S

  3737 Lima North Dr, Indianapolis, IN 46227
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  /17

  $160,000

  • 3 Beds
  • 1 Bath
  • 918 Sq Ft

  3730 Carson Ave, Indianapolis, IN 46227

  The esteemed address of 3730 Carson AVE in Indianapolis, IN, USA, introduces a single-family residence thoughtfully prepared for immediate occupancy, embodying an inviting essence for its fortunate residents. This home, originally constructed in 1953, has been meticulously maintained to offer a move-in ready condition that promises a seamless transition into a comfortable living experience.

  Tak Po Fong Double Realty LLC

  3730 Carson Ave, Indianapolis, IN 46227
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  /29

  $190,000

  • 3 Beds
  • 2 Baths
  • 1,342 Sq Ft

  4709 Tempe Ct, Indianapolis, IN 46241

  Welcome home to this 3-bedroom, 2-bath ranch perfectly situated on a spacious .30-acre lot! This well-maintained home offers comfortable one-level living with a functional layout and several important updates already completed. Step inside to find a large living room that provides plenty of space for relaxing, entertaining, or gathering with family and friends. The eat-in kitchen offers a cozy

  Mandy Lavullis Carpenter, REALTORS®

  4709 Tempe Ct, Indianapolis, IN 46241
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  /60

  $200,000

  • 3 Beds
  • 2 Baths
  • 1,972 Sq Ft

  2748 Rothe Ln, Indianapolis, IN 46229

  Incredible opportunity awaits on this spacious 3 bed/2 bath Ranch in popular Cumberland Lakes. Newer construction neighborhood located in eastern Warren Township. Open patio overlooks nice-sized back yard. Open-concept floor plan includes raised ceilings, multiple living areas, ceiling fans, Great Room fireplace, and more. Kitchen has plenty of space for your vision, along with Dining Area and

  Chris Price Keller Williams Indy Metro S

  2748 Rothe Ln, Indianapolis, IN 46229
• 

  

  /20

  $199,900

  • 3 Beds
  • 1 Bath
  • 1,056 Sq Ft

  5147 Antigua Trail, Indianapolis, IN 46237

  This single family residence presents itself as an inviting home, thoroughly prepared for immediate occupancy. The living room offers an expansive atmosphere, enhanced by a striking vaulted ceiling, complemented by distinctive beamed ceilings that add a touch of architectural character. The kitchen, features elegant shaker cabinets that provide both aesthetic appeal and practical storage,

  Hilda Ellis Berkshire Hathaway Home

  5147 Antigua Trail, Indianapolis, IN 46237
• 

  

  /12

  $200,000

  • 2 Beds
  • 1 Bath
  • 1,008 Sq Ft

  8225 Crawfordsville Rd, Indianapolis, IN 46214

  House, 2 car carport, 1 car garage in lower level of home and plenty of space for a work shop etc.. Property has a lot of potential for a commercial operation for a racing, trucking, car repair business etc. It would require re-zoning, but the smaller second parcel with this property is commercial zoning per the assessor records.

  Randy Hazel F.C. Tucker Company

  8225 Crawfordsville Rd, Indianapolis, IN 46214
• 

  

  /12

  $115,000

  • 2 Beds
  • 1 Bath
  • 592 Sq Ft

  3612 S State Ave, Indianapolis, IN 46227

  Explore this 2-Bedrooms 1-Bath house with great potential. Could be perfect for investors or buyers looking for a renovation opportunity. Rooms sizes are approximate and should be verified by buyer. Don't miss out!

  Yessenia Lozano F.C. Tucker Company

  3612 S State Ave, Indianapolis, IN 46227

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