Indianapolis, IN Homes under $200,000

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  /8

  $145,000

  • 3 Beds
  • 1 Bath
  • 1,096 Sq Ft

  438 N Keystone Ave, Indianapolis, IN 46201

  Endless potential awaits in this 3-bedroom, 1-bathroom home located in a highly desirable neighborhood. Fully cleaned out and taken down to the studs, this property is ready for a seamless renovation with a solid foundation in place. Key upgrades have already been made, including a newer roof and brand-new windows, and siding providing immediate value and savings as you complete the

  Kiara VanHorn Real Estate Investment Venture

  438 N Keystone Ave, Indianapolis, IN 46201
• 

  

  

  /22

  $120,000

  • 2 Beds
  • 1 Bath
  • 837 Sq Ft

  3511 N Keystone Ave, Indianapolis, IN 46218

  Charming from the curb and full of potential inside, this 2-bedroom cottage in Martindale-Brightwood is your chance to make something truly your own. Whether you're looking for your first home or your next project, this 946 sq ft vinyl-sided gem offers the bones and character to bring your vision to life. A covered front porch welcomes you into a simple, functional layout that just needs a little

  Terry Young Red Bridge Real Estate

  3511 N Keystone Ave, Indianapolis, IN 46218
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  /25

  $200,000

  • 4 Beds
  • 1.5 Baths
  • 1,968 Sq Ft

  2134 Dawson St, Indianapolis, IN 46203

  This beautifully updated 4-bedroom, 2.5-bath home in Indianapolis offers modern style, space, and convenience. Situated on a desirable corner lot, this home features a bright and open layout with fresh updates throughout. The fully finished basement provides additional living space, perfect for a media room, home office, or play area. The stylishly renovated kitchen and bathrooms add a touch of

  Craig DeBoor Real Broker, LLC

  2134 Dawson St, Indianapolis, IN 46203
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  /15

  $165,000

  • 5 Beds
  • 2 Baths
  • 5,286 Sq Ft

  2425 S Lyons Ave, Indianapolis, IN 46241

  Calling all investors and renovators! This 1937 North Mars Hill classic is waiting for your vision. With 4 bedrooms, 2 baths, and a traditional 2-story layout, this property offers tons of potential for a profitable flip, long-term rental, or custom renovation. Located in a sought-after area, the home is full of character but needs work-perfect for those ready to roll up their sleeves.

  Jasmine Axell Keller Williams Indpls Metro N

  2425 S Lyons Ave, Indianapolis, IN 46241
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  /17

  $172,000

  • 3 Beds
  • 1 Bath
  • 1,311 Sq Ft

  9048 E 36th St, Indianapolis, IN 46235

  Fixer-upper three bedroom, one bathroom ranch in North East Wood. Whether you're looking to build equity, generate rental income, or create the home you've always envisioned, this property offers the perfect opportunity. Don't miss your chance-schedule your showing today!

  Robert Salmons Entera Realty

  9048 E 36th St, Indianapolis, IN 46235
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  /3

  $139,900

  • Land
  • 0.09 Acre
  • $1,554,444 per Acre

  2620 Broadway St, Indianapolis, IN 46205

  Rare opportunity to build your dream home in one of Indianapolis' most sought-after neighborhoods! Located at 2620 Broadway, this prime, buildable lot is fully approved for a 3,000 sq ft single-family home - saving you months of planning time. The lot sits on a beautiful, tree-lined street surrounded by charming historic homes, new luxury builds, and a thriving community atmosphere. With city

  Charlene Gaard No Limit Real Estate, LLC

  2620 Broadway St, Indianapolis, IN 46205
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  /25

  $139,000

  • 2 Beds
  • 1 Bath
  • 725 Sq Ft

  3322 W 22nd St, Indianapolis, IN 46222

  Charming, affordable, and full of potential-this cozy 2-bedroom, 1-bath cottage in the heart of the Questend neighborhood is ready for your personal touch! Whether you're a first-time buyer, downsizer, or investor, you'll love the character this home offers and the opportunities it presents. With its inviting front porch, fenced yard, and vinyl exterior, this property is brimming with

  Terry Young Red Bridge Real Estate

  3322 W 22nd St, Indianapolis, IN 46222
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  /8

  $124,900

  • 2 Beds
  • 1 Bath
  • 1,190 Sq Ft

  1817 Sparrow Ave, Indianapolis, IN 46227

  Are you looking for a home with a large yard to call your own? Check out this home that sits on .68 acres in Perry Township minutes away from the University of Indianapolis, downtown, shopping and I-65. Great home with a little TLC-add your own personal touches and build your equity! There is a two car garage on property which needs repairs. Investors this could be a great opportunity to grown

  Vanita Christensen Acup Team, LLC

  1817 Sparrow Ave, Indianapolis, IN 46227
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  /20

  $135,000

  • 2 Beds
  • 1 Bath
  • 579 Sq Ft

  733 S Holmes Ave, Indianapolis, IN 46221

  Located near the continuing development of downtown Indianapolis is this cozy recently updated home that has a new roof and sewer line! A beautiful stone front and a nicely sized front porch leads you into the home where you'll see new luxury vinyl plank flooring, a fresh coat of paint, modern lighting and new blinds all throughout. The kitchen features brand new quartz countertops, white kitchen

  Mabel Herrera White Stag Realty, LLC

  733 S Holmes Ave, Indianapolis, IN 46221
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  /16

  $140,000

  • 2 Beds
  • 1 Bath
  • 638 Sq Ft

  729 S Holmes Ave, Indianapolis, IN 46221

  Located near the continuing development of downtown Indianapolis is this cozy recently updated home! A beautiful stone front and a nicely sized front porch leads you into the home where you'll see new luxury vinyl plank flooring, a fresh coat of paint, modern lighting and new blinds all throughout. The kitchen features brand new quartz countertops, trendy two-tone kitchen cabinets and stainless

  Mabel Herrera White Stag Realty, LLC

  729 S Holmes Ave, Indianapolis, IN 46221
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  /13

  $145,000

  • 3 Beds
  • 1 Bath
  • 1,724 Sq Ft

  2208 N Avondale Place, Indianapolis, IN 46218

  This 3-bedroom, 1-bathroom home offers over 1,700 sq. ft. and endless potential. Just minutes from downtown Indianapolis and steps from Martin University, it's the perfect opportunity to create your dream home or maximize your investment portfolio. With spacious rooms and a solid layout, bring your vision and make it shine!

  Sarah Skidmore @properties

  2208 N Avondale Place, Indianapolis, IN 46218
• 

  

  /22

  $149,900

  • 2 Beds
  • 1 Bath
  • 1,440 Sq Ft

  5209 Melrose Ave, Indianapolis, IN 46241

  Come see this 2 Bedrooms and one bonus room. 1 Bath ranch-style is a must-see, priced to this property offers the perfect blend of comfort and convenience. The open floor plan welcomes you with abundant natural light, highlighting the spacious living area. The well-maintained backyard is an entertainer's paradise. Seize the opportunity to make this your forever home. Located near restaurants and

  Roberto Mejia F.C. Tucker Company

  5209 Melrose Ave, Indianapolis, IN 46241
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  /24

  $199,900

  • 2 Beds
  • 2 Baths

  1251 N Emerson Ave, Indianapolis, IN 46219

  Amazing investment opportunity in a well established neighborhood. This nicely maintained all brick duplex would make a great addition to any portfolio whether you're a seasoned expert or a first time investor. Both 1 bed 1 bath units had new water heaters and HVAC systems recently updated. Seperately metered so tenants can pay all utilities. Start Spring of 2025 on a high note and put this one

  Gabriel Lawless Ever Real Estate, LLC

  1251 N Emerson Ave, Indianapolis, IN 46219
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  /28

  $156,900

  • 2 Beds
  • 1 Bath
  • 780 Sq Ft

  241 S Rural St, Indianapolis, IN 46201

  This charming two-bedroom, one-bathroom home has been thoughtfully renovated and is completely move-in ready at a very affordable price. Before you enter, you'll be in awe of the spacious covered front porch that stretches across the front of the home. Inside, the open concept features a bright, airy living area with new vinyl flooring. The kitchen has been fully updated with a brand-new gas

  Ryan Nelson CrestPoint Real Estate

  241 S Rural St, Indianapolis, IN 46201
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  /2

  $100,000

  • 3 Beds
  • 1 Bath
  • 1,287 Sq Ft

  4119 N Butler Ave, Indianapolis, IN 46226

  Discover the potential in this 3-bedroom, 1-bath home featuring a sunroom and a spacious backyard with a shed. Situated in an established neighborhood. This as-is opportunity is ideal for investors looking to add value through renovations. With some vision and updates, this home has the potential to generate strong returns. Conveniently located near key amenities, this is a great addition to any

  Lakeshia Adkins eXp Realty, LLC

  4119 N Butler Ave, Indianapolis, IN 46226
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  /14

  $174,999

  • 4 Beds
  • 3 Baths
  • 2,478 Sq Ft

  1337 N Olney St, Indianapolis, IN 46201

  Welcome to this charming two story bungalow home nestled conveniently close to downtown Indy, Mass Ave, and a short drive away from Broad ripple! Brookside Park is just a walk away and filled with trails, a pool and many other activities. This home is a must see and is packed with newer updates. Plenty of room and flexibility here.3 bedrooms on main floor along with 2 full baths. The upstairs is

  Fermin Martinez Martinez The Modglin Group

  1337 N Olney St, Indianapolis, IN 46201
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  /29

  $115,000

  • 2 Beds
  • 1.5 Baths
  • 1,206 Sq Ft

  8116 Cheswick Dr, Indianapolis, IN 46219

  Don't hesitate to check out this rarely available Warren Township condo in the desirable Chatham Walk complex that is fully renovated! This gorgeous unit features brand new floors and carpet throughout, an updated kitchen with newer cabinets / appliances / countertops, a fully rehabbed full and half bathroom with a new tub / vanities / fixtures and fresh paint throughout. The unit also features a

  David Yates Full Circle Realty, LLC

  8116 Cheswick Dr, Indianapolis, IN 46219
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  /20

  $119,000

  • 3 Beds
  • 2 Baths
  • 834 Sq Ft

  1342 W Lee St, Indianapolis, IN 46221

  This is a great investment property! This property is currently rented. Three bedrooms, 2 full bath, a large fenced in yard, and a great detached garage close to downtown is what you get with this property.

  Darshan Soni Market Street Realty LLC

  1342 W Lee St, Indianapolis, IN 46221
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  /12

  $179,900

  • 1 Bed
  • 1 Bath
  • 842 Sq Ft

  1404 Broadway St Unit G, Indianapolis, IN 46202

  Fantastic opportunity to own in Indy's Old Northside neighborhood!! This spacious and charming one bedroom, one bath condo offers low-maintenance living in an amazing location. Lots of natural light, large walk-in closet, in-unit laundry, and off-street parking are just a few of the amenities. Great Oak Commons Park is in your backyard! Bottleworks, Monon Trail, O'Bannon Soccer Park and all the

  Mark Linder CENTURY 21 Scheetz

  1404 Broadway St Unit G, Indianapolis, IN 46202
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  /16

  $129,900

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

  7368 Country Brook Dr, Indianapolis, IN 46260

  You won't find a more up to date condo in Washington Twp for under $140,000. End Unit. Totally remodeled! Upgrades: new kitchen cabinets, butcher block counter top, stainless steel appliances, laminate flooring, carpet upstairs, bathtub and vanity, toilets, light fixtures. Private backyard. Safe & convenient location. Both Water & Sewer included in monthly HOA fee!

  Larry Copeland F.C. Tucker Company

  7368 Country Brook Dr, Indianapolis, IN 46260
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  /22

  $134,900

  • 3 Beds
  • 2 Baths
  • 1,200 Sq Ft

  270 S Lasalle St, Indianapolis, IN 46201

  Savor the comfort and convenience of this charming 3-bedroom, 2-bath rental home located at 270 S Lasalle St, Indianapolis, IN 46201-4335. This delightful 1200 sq ft residence offers ample space for relaxation and entertaining. The spacious living areas invite you to make yourself at home, with plenty of room for your favorite furnishings and decor. The lovely full bathrooms are designed for your

  Mark Jones PMI Midwest

  270 S Lasalle St, Indianapolis, IN 46201
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  /49

  $199,000

  • 1 Bed
  • 1 Bath
  • 1,040 Sq Ft

  4000 N Meridian St Unit 9E, Indianapolis, IN 46208

  Welcome home to Tarkington Tower! This 16 story high rise condominium building was the city's first. The building was named after writer, Booth Tarkington who lived just a few houses north of the property. This one bedroom 9th floor unit with balcony has beautiful east facing views that the owners fell in love with when they bought it. The custom kitchen with stainless steel appliances, quartz

  Terry Brown CENTURY 21 Scheetz

  4000 N Meridian St Unit 9E, Indianapolis, IN 46208
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  /28

  $117,000

  • 2 Beds
  • 1 Bath
  • 816 Sq Ft

  2219 N Webster Ave, Indianapolis, IN 46219

  Packed with potential and priced to move, this Eastside ranch is the kind of opportunity that doesn't come around often. Whether you're a first-time buyer looking for a project or an investor seeking your next property, this 2-bedroom, 1-bath home has the bones to become something special. From the moment you pull up, you'll see the possibilities-starting with the charming ranch-style layout and

  Terry Young Red Bridge Real Estate

  2219 N Webster Ave, Indianapolis, IN 46219
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  /7

  $150,000

  • Land
  • 0.22 Acre
  • $681,818 per Acre

  7543 Terrace Beach, Indianapolis, IN 46240

  Riverfront Living :: Build Your Dream Escape Tucked away on a peaceful riverfront, this 9,500 sqft lot is the perfect spot to build your dream home. Surrounded by trees and the calming sound of the water, it feels like a vacation getaway-but you're just minutes from all the city has to offer. It's rare to find a place that feels this quiet and tucked-in, yet still so close to everything. Come

  Kristin Glassburn @properties

  7543 Terrace Beach, Indianapolis, IN 46240
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  /21

  $169,000

  • 2 Beds
  • 1 Bath
  • 736 Sq Ft

  4325 Crittenden Ave, Indianapolis, IN 46205

  Recently updated 2 bedroom, 1 bath home close to the Indiana State Fairgrounds, Broad Ripple and downtown. Updates include: new vinyl siding, new LVP flooring throughout, fresh paint, newly installed appliances, new roof (2024) and new furnace (2024). And the windows are energy efficient double-paned vinyl. This home is move-in ready. And ready for you to make it your own! Reach out today for a

  Dana Holt Keller Williams Indpls Metro N

  4325 Crittenden Ave, Indianapolis, IN 46205
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  /13

  $120,000

  • 2 Beds
  • 2 Baths
  • 840 Sq Ft

  1308 W 18th St, Indianapolis, IN 46202

  Value add opportunity in the rapidly developing Riverside neighborhood steps from the 16 tech corridor, Guggman Brewing, and Riverside Park. Property is currently rented at $1,600/month to a long-term daycare tenant who cares well for the property Thorough interior rehab was completed on the property in 2022 including electrical and plumbing, new floors, kitchen, bathrooms, flooring

  Luke Granholm @properties

  1308 W 18th St, Indianapolis, IN 46202
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  /23

  $175,000

  • 3 Beds
  • 2 Baths
  • 1,322 Sq Ft

  3532 E 10th St, Indianapolis, IN 46201

  A NEW home is waiting for you! Completely gutted and started over with this gem. 3bed 2 bath with main floor laundry! Nestled right on the 10th St corridor you can get anywhere in the city with swiftness. ALL NEW VINYL WINDOWS, PEX PLUMBING, WIRING, FIXTURES, DRYWALL, INTERIOR AND EXTERIOR PAINT, ROOF, COMPOSITE SIDING AND GUTTERS. Off street parking available in back of home with room to play.

  Stephen Bailey F.C. Tucker Company

  3532 E 10th St, Indianapolis, IN 46201
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  /17

  $189,900

  • 3 Beds
  • 1 Bath
  • 1,096 Sq Ft

  5074 E Walnut St, Indianapolis, IN 46201

  Welcome home to Emerson Heights! This delightful bungalow features three bedrooms and a completely renovated bathroom, blending modern conveniences with the original charm of a cozy fireplace and beautiful built-ins. The kitchen is fully equipped with stainless steel appliances, including a side-by-side refrigerator, stove, dishwasher, and microwave hood. Recent updates enhance the home's appeal,

  Hayley Wild Compass Indiana, LLC

  5074 E Walnut St, Indianapolis, IN 46201
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  /13

  $126,000

  • 2 Beds
  • 1 Bath
  • 880 Sq Ft

  1719 Dawson St, Indianapolis, IN 46203

  This two bed 1 bath home is ready for its next chapter whether you are a first-time home buyer looking to build equity or an investor looking to build your portfolio. Updates include - electric wiring, new roof, radon mitigation system, kitchen remodel, and flooring updated to LVP all in 2021. Bathroom remodel in 2023.

  Mark Branch Highgarden Real Estate

  1719 Dawson St, Indianapolis, IN 46203
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  /33

  $135,000 Open Sat 2PM - 4PM

  • 2 Beds
  • 2 Baths
  • 1,367 Sq Ft

  6315 Hansbrough Way, Indianapolis, IN 46268

  Welcome Home to Your Serene Garden Home at Robin Run Village! Nestled within the beautifully landscaped 86-acre Robin Run Village, this stunning garden home offers the perfect blend of comfort, privacy, and vibrant community living. Designed for those seeking an active, independent lifestyle, this residence is a rare gem that combines elegance with convenience. Step inside to discover a

  Carla Higgins Keller Williams Indy Metro S

  6315 Hansbrough Way, Indianapolis, IN 46268
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  /14

  $120,000

  • 2 Beds
  • 1 Bath
  • 966 Sq Ft

  6458 Lupine Terrace, Indianapolis, IN 46224

  Welcome to this charming 2-bedroom, 1-bath condo in desirable Wayne Township! Offering a spacious open floor plan, this home features a generous living area perfect for relaxing or entertaining. Enjoy the convenience of an in-unit stackable washer and dryer, along with an electric stove and refrigerator included. Condo offers a private balcony and 1 car shared garage with the neighboring unit.

  Edwin Watson Triple E Realty, LLC

  6458 Lupine Terrace, Indianapolis, IN 46224
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  /2

  $125,000

  • 1 Bed
  • 1 Bath

  1916 E Maryland St, Indianapolis, IN 46201

  Double was converted to single unit but it looks like the best value would be filling in a wall and some other items to make a 2 income home. If you like then keep as is. Vacant for over a few years so its in rough condition and sold in as is condition. No utilities on. Does have a side drive. Excellent street location as the values keep going up. This property is owned by the same owner as next

  Joe Bowling JBG, Inc.

  1916 E Maryland St, Indianapolis, IN 46201
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  /30

  $118,000

  • 3 Beds
  • 1 Bath
  • 1,170 Sq Ft

  2349 Indianapolis Ave, Indianapolis, IN 46208

  Step onto the covered front porch and imagine the potential this charming ranch-style home holds. With great bones and a classic layout, this 3-bedroom, 1-bath property is the perfect canvas for your next renovation or investment project. Located in the Near NW - Riverside neighborhood, just minutes from downtown, offering a balance of convenience and community charm. Inside, you'll find 912

  Terry Young Red Bridge Real Estate

  2349 Indianapolis Ave, Indianapolis, IN 46208
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  /32

  $105,000

  • 2 Beds
  • 1 Bath
  • 1,896 Sq Ft

  1114 N Mount St, Indianapolis, IN 46222

  Step inside this cozy Westside bungalow and feel instantly at home. With charming curb appeal, a screened-in front porch perfect for morning coffee, this home offers more than meets the eye. Whether you're searching for your first home or a property to personalize and make your own, this one is full of potential. Featuring 2 bedrooms and 1 full bath across 948 square feet, this 1.5-story

  Terry Young Red Bridge Real Estate

  1114 N Mount St, Indianapolis, IN 46222
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  /12

  $139,000

  • 3 Beds
  • 1 Bath
  • 960 Sq Ft

  2632 Walker Ave, Indianapolis, IN 46203

  Why Rent when you can Own! This 3-bedroom is close to downtown Indy! Almost a 1/4 lot with no HOA!

  Morris Lucas eXp Realty, LLC

  2632 Walker Ave, Indianapolis, IN 46203
• 

  

  /15

  $199,900

  • 3 Beds
  • 2 Baths
  • 1,156 Sq Ft

  1016 Dawson St, Indianapolis, IN 46203

  **INVESTOR FLIP POTENTIAL** Take advantage of extra strong values in this Fountain Square fixer. You can continue what was started to realize potential gains or renovate for cash flows. Unlimited potential due to location and neighboring homes. Bring your contractor with you as current condition is in framing stage. There is room to build a garage for even higher values in this area. New owner

  Brian Pachciarz Estansion Group by BLP

  1016 Dawson St, Indianapolis, IN 46203
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  /26

  $199,000

  • 4 Beds
  • 1.5 Baths
  • 1,800 Sq Ft

  3601 N Kenwood Ave, Indianapolis, IN 46208

  Welcome home to 3601 N Kenwood Ave. This solid home on a nice, larger corner lot was totally remodeled in 2022, including new roof, new A/C, kitchen, appliances, paint, lighting and new LVP flooring throughout main level. Upstairs features four bedrooms, a full bath, and beautiful hardwood floors throughout! Enjoy the summer evenings on the spacious and covered porch! All the heavy lifting

  Gregory Hillman Carpenter, REALTORS®

  3601 N Kenwood Ave, Indianapolis, IN 46208
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  /30

  $185,000

  • 3 Beds
  • 1 Bath
  • 958 Sq Ft

  1739 N Alton Ave, Indianapolis, IN 46222

  Welcome to a beautiful 3-bedroom, 1-bathroom home just 3 minutes from the Indianapolis Motor Speedway. Completely renovated with no detail ignored, this property is move-in ready and waiting to be your new home! The first thing you'll notice is the decorative picket fence out front, the new roof with dimensional shingles, the new siding, the new vinyl, double pane windows, the freshly painted

  Elizabeth Ewbank Highgarden Real Estate

  1739 N Alton Ave, Indianapolis, IN 46222
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  /6

  $149,000

  • Land
  • 0.52 Acre
  • $286,538 per Acre

  3431 Carson Ave, Indianapolis, IN 46227

  Esteemed investors, an exceptional opportunity presents itself at 3431 Carson Avenue, Indianapolis. This land can be used as C1 commercial it also has water and sewer connections, perfectly positioned in a prime location for both residential and commercial development. Its mixed-use zoning provides tremendous versatility for a range of potential projects, aligning with diverse market needs.

  Adriana Perez Compass Indiana, LLC

  3431 Carson Ave, Indianapolis, IN 46227
• 

  

  /11

  $114,000

  • 2 Beds
  • 1 Bath
  • 843 Sq Ft

  801 N Denny St, Indianapolis, IN 46201

  Wow! This Shannon Park home is conveniently located just minutes from Brookside Park, Mass Ave, Bottleworks District, Lucas Oil Stadium and Downtown Indianapolis! Featuring 2 bedrooms, 1 updated full bathroom, Spacious Family Room, Formal Dining, and Kitchen with Stainless appliances. Covered front porch. The dining room opens to a wood deck~perfect for relaxing and hosting a cookout! Extra

  Stephanie Evelo Keller Williams Indy Metro NE

  801 N Denny St, Indianapolis, IN 46201

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