Indianapolis, IN Homes for Sale under $200,000

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  /35

  $94,900

  $35K PRICE DROP

  • 4 Beds
  • 2 Baths
  • 1,960 Sq Ft

  2148 Ransdell St, Indianapolis, IN 46225

  Opportunity awaits with this spacious ranch-style home offering plenty of room and potential for the right buyer. With 4 bedrooms, 2 bathrooms, and over 1,500 square feet, this property could be transformed into something truly special. If you're looking for your next investment project or renovation opportunity, this is one you'll want to see in person. Built in 1906, this single-level home

  Terry Young Red Bridge Real Estate

  2148 Ransdell St, Indianapolis, IN 46225
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  /28

  $169,500

  New Construction $10K PRICE DROP

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

  857 N Oakland Ave, Indianapolis, IN 46201

  Hello Opportunity! Take a look at this new construction townhome, located on the near eastside! The main level hosts a modern, open layout with raised ceilings, ample lighting, fresh white cabinets, and sleek black countertops. There is a full bathroom on the main level with classic chrome fixtures. The upper level hosts all three bedrooms and another full bathroom. The primary bedroom has a

  Rochelle Perkins Garnet Group

  857 N Oakland Ave, Indianapolis, IN 46201
• 

  

  

  /35

  $189,900

  $5K PRICE DROP

  • 3 Beds
  • 1 Bath
  • 925 Sq Ft

  3667 Beasley Dr, Indianapolis, IN 46222

  Fantastic ranch home offering the convenience of one level living with an impressive list of recent updates and a backyard that's hard to find! Situated on a spacious lot with mature trees, the fully fenced backyard features a newer 6-foot privacy fence, a storage shed, and a beautiful screened porch added in 2022. This is an ideal place to relax and enjoy the outdoors. Inside, you'll find a new

  Roger Lundy Keller Williams Indpls Metro N

  3667 Beasley Dr, Indianapolis, IN 46222
• 

  

  

  /8

  $109,900

  • 2 Beds
  • 1 Bath
  • 900 Sq Ft

  4818 English Ave, Indianapolis, IN 46201

  Welcome home to 4818 English Ave, a charming single-story residence offering low-maintenance living in Indianapolis! Featuring 2 bedrooms, 1 full bathroom, and 900 square feet of functional interior living space, this property delivers an efficient floor plan designed for easy everyday living. Inside, bright and welcoming common areas include a cozy living room flowing smoothly into a practical

  Samuel Nieves-Montanez Trelora Realty

  4818 English Ave, Indianapolis, IN 46201
• 

  

  

  /21

  $149,900

  • 3 Beds
  • 1.5 Baths
  • 1,404 Sq Ft

  6025 Wingedfoot Ct, Indianapolis, IN 46254

  Welcome to this beautifully updated 3 bed 1.5 bath condo located in Villas of Oakbrook. This home comes equipped with new cosmetics throughout, separate laundry space, 1 car garage, dedicated parking space, fenced in patio, and new appliances. Move-in ready. Book your showing today.

  Sam Huesman Pillario Property Management LLC

  6025 Wingedfoot Ct, Indianapolis, IN 46254
• 

  

  /8

  $189,999

  • 3 Beds
  • 1.5 Baths
  • 1,036 Sq Ft

  5913 Dunseth Ct, Indianapolis, IN 46254

  Don't miss this inviting 1-story home featuring 3 bedrooms, 1.5 bathrooms, and a 1-car garage with a functional layout designed for comfortable everyday living. The spacious living areas provide plenty of room to relax or entertain, while the flexible bedroom layout offers options for guests, a home office, or hobbies. The convenient single-level design allows for easy maintenance and a

  Yadi Herrera Mainstay Brokerage LLC

  5913 Dunseth Ct, Indianapolis, IN 46254
• 

  

  /21

  $159,000

  Open Tue 9AM - 7PM $26K PRICE DROP

  • 4 Beds
  • 2 Baths
  • 1,777 Sq Ft

  3135 E 52nd St Unit E, Indianapolis, IN 46205

  3135 E 52nd St Unit E is a multi-room Indianapolis condo residence set in a brick community building. The kitchen has wood cabinetry, stone countertops, and stainless steel appliances, with a breakfast bar that connects to the main living space. Wood-look flooring runs through the open living and dining areas, and an enclosed sunroom with French doors adds year-round flexible space. Bedrooms are

  Shelby Farrar Opendoor Brokerage LLC

  3135 E 52nd St Unit E, Indianapolis, IN 46205
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  /20

  $104,900

  $5K PRICE DROP

  • 2 Beds
  • 1 Bath
  • 560 Sq Ft

  5607 Hardegan St, Indianapolis, IN 46227

  Opportunity awaits in Perry Township! This 2-bedroom, 1-bath ranch offers 560 square feet of potential and sits on a large, fully privacy-fenced backyard that's perfect for pets, gardening, entertaining, or simply enjoying your own outdoor space. Attention investors, flippers, and first-time buyers! This home needs a little TLC, but with some vision and updates, it could truly shine. Whether

  Corina Jones Your Home Team

  5607 Hardegan St, Indianapolis, IN 46227
• 

  

  /34

  $179,900

  $30K PRICE DROP

  • 3 Beds
  • 1 Bath
  • 1,152 Sq Ft

  1043 W 37th St, Indianapolis, IN 46208

  1043 W 37th Street offers the kind of space, flexibility, and value that can be hard to find at this price point. This well-maintained 3-bedroom, 1-bath bungalow provides comfortable main-level living with hardwood floors, a formal dining room, and an easy-flowing layout that works well for everyday life. All three bedrooms are located on the main floor, making the home practical and convenient.

  Charlene Gaard No Limit Real Estate, LLC

  1043 W 37th St, Indianapolis, IN 46208
• 

  

  /12

  $85,000

  $30K PRICE DROP

  • 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
• 

  

  /31

  $170,000

  $3K PRICE DROP

  • 3 Beds
  • 2 Baths
  • 806 Sq Ft

  1037 W 30th St, Indianapolis, IN 46208

  **Investor Special - Turnkey Rental Opportunity!** Don't miss this beautifully **newly renovated investment property** with a **tenant already in place**, providing immediate rental income from day one! This move-in-ready home has been thoughtfully updated with modern finishes while maintaining its charm. Recent renovations include updated flooring, fresh paint, an updated kitchen, renovated

  Chiquita Watkins Keller Williams Indy Metro NE

  1037 W 30th St, Indianapolis, IN 46208
• 

  

  /39

  $109,900

  $30K PRICE DROP

  • 3 Beds
  • 2 Baths
  • 1,170 Sq Ft

  3720 N Grant Ave, Indianapolis, IN 46218

  Step into a piece of Indianapolis history at 3720 N Grant AVE, a charming single-family residence built in 1920. This inviting home, spanning 1170 square feet, is ready for you to move in and begin your next chapter. This delightful residence offers three comfortable bedrooms, providing ample private space. The two full bathrooms are well-appointed, ensuring convenience and comfort for residents

  Isabella Frazier Trelora Realty

  3720 N Grant Ave, Indianapolis, IN 46218
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  /33

  $185,000

  New Construction

  • 3 Beds
  • 2 Baths
  • 1,284 Sq Ft

  256 N Randolph St Unit 1, Indianapolis, IN 46201

  Unit qualifies for up to $15,000 of direct Buyer assistance for qualified Buyers! | Welcome to Willard Place Condominiums, a thoughtfully designed new construction community in the Willard Park neighborhood. With just three private residences available, this is a rare opportunity to enjoy low-maintenance urban living. Each residence features its own covered street-level entrance leading to an

  Chanda Johnson Maywright Property Co.

  256 N Randolph St Unit 1, Indianapolis, IN 46201
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  /31

  $187,300

  • 3 Beds
  • 1 Bath
  • 1,252 Sq Ft

  1217 W 33rd St, Indianapolis, IN 46208

  Are you searching for an updated 3-bedroom home priced under $190,000? Your search ends here! This beautifully updated home offers a bright, open floor plan designed for comfortable everyday living and entertaining. Enjoy relaxing on the inviting covered front porch-the perfect spot for your morning coffee or evening tea. Step inside to find a spacious living room that flows seamlessly into the

  Edwina Withers Berkshire Hathaway Home

  1217 W 33rd St, Indianapolis, IN 46208
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  /8

  $99,000

  • 2 Beds
  • 1 Bath
  • 620 Sq Ft

  1834 N Centennial St, Indianapolis, IN 46222

  Looking for a property with potential? This 2-bedroom, 1-bath home on the westside is a great opportunity for an investor, house flipper, rental property owner, or first-time homebuyer looking to build equity. The home features a basement and offers plenty of possibilities with some TLC and updates. Bring your vision and make this property your own! With the right improvements, this home could

  Jim Rendaci CENTURY 21 Scheetz

  1834 N Centennial St, Indianapolis, IN 46222
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  /12

  $164,900

  $10K PRICE DROP

  • 3 Beds
  • 1 Bath
  • 957 Sq Ft

  5419 Penway Ct, Indianapolis, IN 46224

  possible short sale Looking for your first home or an investment property, this could be it! Centrally located on the west side close to the busline and interstates a little elbow greese will make this a wonderful place to call home. Corner lot, fenced backyard, one-car garage with extra space that can be used for storage or a she-shed without stepping into the elements! This home also features a

  Nicole Lloyd Homes Unlimited

  5419 Penway Ct, Indianapolis, IN 46224
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  /24

  $169,900

  • 3 Beds
  • 2 Baths
  • 2,090 Sq Ft

  350 S Butler Ave, Indianapolis, IN 46219

  A 1% RULE DEAL IN IRVINGTON! This traditional classic is currently leased at $1,475 a month to tenants with a twelve-month record of paying early, and the gap between that rent and $1,700 a month - 1% of the purchase price - is credited at closing for every month left on the lease. That's 1% economics from day one with proven tenants in place. The home features roughly 2,000 finished square feet

  Trent Kiester @properties

  350 S Butler Ave, Indianapolis, IN 46219
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  /42

  $137,500

  $12K PRICE DROP

  • 3 Beds
  • 1 Bath
  • 864 Sq Ft

  3341 N Downey Ave, Indianapolis, IN 46218

  Welcome to your newly updated home at 3341 N Downey Ave. Rest easy at night knowing the home was thoroughly updated with a brand new roof, gutters, furnace, and flooring. Bathroom and kitchen were also tastefully updated. Boasting 3 bedrooms and one full bathroom with an additional lot give you all the space you need for your summer activities. Inside, the home is offering 864 square feet of

  Austin Fish Go Fish Realty

  3341 N Downey Ave, Indianapolis, IN 46218
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  /4

  $13,900

  • Land
  • 3,920 Sq Ft
  • $154,444 per Acre

  1030 W 29th St, Indianapolis, IN 46208

  Great deal! This lot is in an up and coming area, just waiting for development and great ideas. Sellers are motivated to Sell. Create your very own home with dreams and possibilities. Or build your next investment property. Close to highways, schools, Indianapolis Children's Museum, Newfield's art museum and shops.

  Cheryl Woodrum AMR Real Estate LLC

  1030 W 29th St, Indianapolis, IN 46208
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  /11

  $140,000

  $15K PRICE DROP

  • 3 Beds
  • 1 Bath
  • 966 Sq Ft

  2935 Mars Hill St, Indianapolis, IN 46241

  Calling all visionaries, investors, and buyers looking for a unique opportunity! This unfinished property is a true blank canvas ready for someone to bring their vision to life. The drywall has been hung and the home is ready for the finishing stages, including mudding, paint, flooring, cabinetry, fixtures, and final interior selections. Major improvements have already been completed, including a

  Ana Solano Keller Williams Indy Metro NE

  2935 Mars Hill St, Indianapolis, IN 46241
• 

  

  /3

  $129,900

  • 2 Beds
  • 1 Bath
  • 875 Sq Ft

  34 N Catherwood Ave, Indianapolis, IN 46219

  A 1% RULE DEAL IN IRVINGTON! 34 N Catherwood is leased at $1,125 a month through July 2027, and the gap between that rent and $1,300 a month is credited at closing for every month left on the lease. That's 1% economics from day one with proven, on-time tenants already in place. The home itself is a tidy 2-bed, 1-bath single-family, just minutes to Ellenberger Park and other Irvington favorites

  Trent Kiester @properties

  34 N Catherwood Ave, Indianapolis, IN 46219
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  /2

  $30,000

  • Land
  • 8,276 Sq Ft
  • $157,895 per Acre

  5041 Iowa St, Indianapolis, IN 46203

  Build your vision on this residential lot located at 5041 Iowa St in Indianapolis. Tucked into an established neighborhood, this parcel offers a great opportunity for a new construction home or long-term investment in a steadily growing area on the southeast side of the city. With utilities nearby and convenient access to major roadways, commuting to downtown Indianapolis, Fountain Square, and

  Maria Lasher eXp Realty LLC

  5041 Iowa St, Indianapolis, IN 46203
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  /9

  $115,000

  $10K PRICE DROP

  • 5 Beds
  • 3.5 Baths
  • 2,327 Sq Ft

  815 W 28th St, Indianapolis, IN 46208

  ATTENTION Investors! Are you looking for your next project? This one has had alot of the heavy lifting already done.The seller has had the foundation completely re-done, all of the demo work completed, as well as started the rough in's. All you need to do is get the project across the finish line!

  Andrew Prince CENTURY 21 Scheetz

  815 W 28th St, Indianapolis, IN 46208
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  /2

  $50,000

  • Land
  • 5,401 Sq Ft
  • $403,226 per Acre

  58 S Chester Ave, Indianapolis, IN 46201

  Located in Marion County, this residential lot presents a strong infill development or investment opportunity within an established Indianapolis neighborhood.

  Hasan Kiswani CENTURY 21 Scheetz

  58 S Chester Ave, Indianapolis, IN 46201
• 

  /2

  $35,000

  $27K PRICE DROP

  • Land
  • 6,534 Sq Ft
  • $233,333 per Acre

  4412 E 10th St, Indianapolis, IN 46201

  Prime Investment Opportunity! This spacious vacant lot is a duplex dream waiting to be realized. Nestled in a vibrant neighborhood near downtown Indy, its strategic location ensures convenience at every turn. Imagine the possibilities: build your dream duplex and capitalize on the high demand for rental properties in the area. With easy access to groceries, downtown attractions, a variety of

  LaToya Dix Dix Realty Group

  4412 E 10th St, Indianapolis, IN 46201
• 

  

  /15

  $149,900

  $10K PRICE DROP

  • 2 Beds
  • 2 Baths
  • 1,307 Sq Ft

  1810 S Talbott St, Indianapolis, IN 46225

  Step into a thoughtfully designed single-family residence, a 1955 build offering 1307 square feet of living space at 1810 S Talbott ST, INDIANAPOLIS, USA. This one-story home presents an opportunity for comfortable, convenient living within its well-proportioned footprint. The home features two bedrooms, providing private retreats for residents. Complementing these are two full bathrooms,

  Samuel Nieves-Montanez Trelora Realty

  1810 S Talbott St, Indianapolis, IN 46225
• 

  /2

  $20,000

  $5K PRICE DROP

  • Land
  • 6,098 Sq Ft
  • $142,857 per Acre

  3446 Caroline Ave, Indianapolis, IN 46218

  42 x 140 lot for sale. See agent remarks for information.

  Mark Nottingham @properties

  3446 Caroline Ave, Indianapolis, IN 46218
• 

  

  /15

  $149,900

  $10K PRICE DROP

  • 3 Beds
  • 2 Baths
  • 1,144 Sq Ft

  2154 Fairhaven Dr, Indianapolis, IN 46229

  Welcome home to this charming and well-maintained 3-bedroom, 2-bathroom ranch in the desirable Warren Hills subdivision. This inviting residence offers a functional, open layout perfect for comfortable living. The heart of the home features an eat-in kitchen and a spacious living area, ideal for relaxing or entertaining. Experience the convenience of suburban living with easy access to local

  Samuel Nieves-Montanez Trelora Realty

  2154 Fairhaven Dr, Indianapolis, IN 46229
• 

  

  /13

  $116,000

  • 3 Beds
  • 1 Bath
  • 864 Sq Ft

  5778 E 30th St, Indianapolis, IN 46218

  A terrific opportunity to own a 3 bedroom investment property! Located on Indy's near Northeast side of town, this property has 3 sizable bedrooms, plenty of living space, and a 1-car detached garage. Plenty of updates have been completed in this property, so no need to worry about a remodel any time soon. With a tenant living in the property with plenty of tenure, purchase this property today

  Maxwell Richter Wilmoth Group

  5778 E 30th St, Indianapolis, IN 46218
• 

  

  /34

  $195,000

  $10K PRICE DROP

  • 3 Beds
  • 2 Baths
  • 1,155 Sq Ft

  1541 E Kelly St, Indianapolis, IN 46203

  Discover a unique opportunity at 1541 E Kelly ST, INDIANAPOLIS, IN, USA. This 1906 single-family residence, encompassing 1141 square feet of living space, offers a chance to own a piece of history within a dynamic urban landscape. The property provides three bedrooms, offering versatile living arrangements across its two stories. Complementing these are two full bathrooms, designed to accommodate

  Samuel Strouse CENTURY 21 Scheetz

  1541 E Kelly St, Indianapolis, IN 46203
• 

  

  /12

  $145,000

  • 3 Beds
  • 2 Baths
  • 960 Sq Ft

  1707 N Leland Ave, Indianapolis, IN 46218

  CURRENTLY RENTED FOR $1,500 THROUGH NOVEMBER 26'. Check out this turnkey rental in the Community Heights/Little Flower area, just minutes from Irvington's shops and restaurants, Ellenberger Park, and East 10th Street conveniences with a quick shot downtown. Prior to tenant move in, this home was refreshed with LVP flooring, fresh paint, new carpet in the primary suite, an updated kitchen with

  Trent Kiester @properties

  1707 N Leland Ave, Indianapolis, IN 46218
• 

  

  /33

  $177,000

  • 3 Beds
  • 1 Bath
  • 1,404 Sq Ft

  356 Hugo St, Indianapolis, IN 46229

  Charming, impeccably maintained 3-bedroom bungalow offering an impressive list of recent updates and a fully fenced yard! This move-in-ready home has been thoughtfully cared for inside and out, with major improvements including a new gas furnace/HVAC system (2020), gas water heater (2024), updated electrical panel with whole-home surge protection, and newer steel-reinforced front and rear entry

  Nicole Peters CENTURY 21 Scheetz

  356 Hugo St, Indianapolis, IN 46229
• 

  

  /19

  $84,900

  $5K PRICE DROP

  • 2 Beds
  • 1 Bath
  • 900 Sq Ft

  3317 S Lyons Ave, Indianapolis, IN 46221

  Investor special with strong upside potential in Decatur Township! This 2-bedroom, 1-bath ranch offers approximately 900 square feet of living space on a 0.13-acre lot. Features include a spacious living room, eat-in kitchen, utility room, private well, city sewer, and a detached outbuilding/workshop with potential for storage or future garage use. Conveniently located near schools, shopping, and

  Terry Young Red Bridge Real Estate

  3317 S Lyons Ave, Indianapolis, IN 46221
• 

  

  /11

  $164,900

  $25K PRICE DROP

  • 2 Beds
  • 1 Bath
  • 912 Sq Ft

  3339 S Lyons Ave, Indianapolis, IN 46221

  What makes this property special, you ask? So many things....huge double lot with the back fully fenced. Welcoming covered front porch. Fresh paint. Hardwood floors. Oversized 2car detached garage w/ 30 amp service. All appliances stay, including the washer & dryer. The seller is also providing a 1year home warranty. Separate dining room with built ins. Quiet established neighborhood, close to

  Tamara Bozarth Picket Fence Realty

  3339 S Lyons Ave, Indianapolis, IN 46221
• 

  

  /5

  $99,000

  • Land
  • 4,791 Sq Ft
  • $900,000 per Acre

  1125 Larch St, Indianapolis, IN 46201

  Discover the perfect opportunity to create your own custom home on this buildable, flat, 0.11-acre lot (38' x 130') located in the desirable Windsor Park neighborhood. Enjoy the convenience of nearby outdoor recreation, walking and biking paths, and easy access to the Garage Food Hall & Mass Ave. This spacious lot offers endless potential; whether you envision a modern retreat or a classic family

  Lincoln Gardner Alpine Realty, LLC

  1125 Larch St, Indianapolis, IN 46201
• 

  

  /12

  $145,000

  • 4 Beds
  • 1 Bath
  • 1,139 Sq Ft

  5965 Rawles Ave, Indianapolis, IN 46219

  Thomas Colvin eXp Realty, LLC

  5965 Rawles Ave, Indianapolis, IN 46219
• 

  

  /10

  $100,000

  • 2 Beds
  • 1 Bath
  • 727 Sq Ft

  3015 Eastern Ave, Indianapolis, IN 46218

  This property offers a fantastic opportunity for investors looking to add value and generate strong returns. Whether you're looking for your next fix-and-flip or a long-term rental, this home has solid potential with the right vision. Featuring 2 bedrooms and 1 bathroom, this property sits in an area with ongoing growth and redevelopment, making it a smart addition to any investment portfolio.

  Corey Dawkins Keller Williams Indy Metro NE

  3015 Eastern Ave, Indianapolis, IN 46218
• 

  

  /20

  $159,900

  $3K PRICE DROP

  • 5 Beds
  • 2 Baths
  • 1,618 Sq Ft

  1305 S Belmont Ave, Indianapolis, IN 46221

  Welcome to 1305 S Belmont AVE in INDIANAPOLIS, IN, a charming single-family residence built in 1920, offering 1618 square feet of inviting living space. This ready-to-move-in home presents a unique opportunity to embrace comfortable living in a classic bungalow. With five well-proportioned bedrooms, there is ample space for all your lifestyle needs, whether for personal retreats, guest

  J.D. Holly Assist-2-Sell

  1305 S Belmont Ave, Indianapolis, IN 46221
• 

  

  /3

  $115,000

  • 3 Beds
  • 1 Bath
  • 768 Sq Ft

  744 S Addison St, Indianapolis, IN 46221

  Investor opportunity! This 3-bedroom, 1-bath home is located in a well-established neighborhood and offers strong potential. Features include a fully fenced yard and a large detached structure that can serve as storage or workshop space, with the ability to convert back into a 2-car garage. Enjoy the enclosed front porch-perfect for relaxing on mild Indiana evenings. Conveniently located with

  Travis Barnes F.C. Tucker Company

  744 S Addison St, Indianapolis, IN 46221
• 

  

  /17

  $90,000

  • 2 Beds
  • 1 Bath
  • 725 Sq Ft

  2210 Groff Ave, Indianapolis, IN 46222

  Investor Special on Indy's West Side! Bring your vision and get to work on this 2-bedroom, 1-bath investment opportunity that's already been gutted and is ready for its next chapter. With much of the demo work already completed, this property offers a blank canvas for an investor looking to renovate, add value, and build equity. Whether you're planning your next flip, adding a rental to your

  Jesus Flores West & Main Real Estate

  2210 Groff Ave, Indianapolis, IN 46222

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