Indianapolis, IN Homes under $200,000

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  /20

  $149,999

  • 2 Beds
  • 1 Bath
  • 720 Sq Ft

  555 Leeds Ave, Indianapolis, IN 46203

  Updated and renovated! This delightful 1950s bungalow/shotgun home features 2 bedrooms and 1 bathroom of cozy living space. Set on a spacious lot, there's plenty of potential for expansion or outdoor enjoyment. Ideal as a starter home, it offers a well-designed laundry room for added convenience and efficiency. The home also includes a charming barn for extra storage, a breezeway, and a combined

  Steven Lyday F.C. Tucker Company

  555 Leeds Ave, Indianapolis, IN 46203
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  /45

  $137,500

  • 2 Beds
  • 2 Baths
  • 1,507 Sq Ft

  5453 Happy Hollow Unit 73, Indianapolis, IN 46268

  Welcome to your spacious, worry-free home nestled in sought-after Robin Run Village! This well-maintained home boasts brand new paint & flooring. Enjoy two generous bedrooms, 2 full bathrooms, and watch the birds and change of seasons from the cheerful sunroom. A den/office gives added flexibility and offers another room in which to relax or retreat. The lovely kitchen opens to great room with

  Kristi Gaynor F.C. Tucker Company

  5453 Happy Hollow Unit 73, Indianapolis, IN 46268
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  /13

  $140,000

  • 2 Beds
  • 2 Baths

  4920 E 34th St, Indianapolis, IN 46218

  Attention Investors! Looking for a cash-flowing occupied duplex?! Here you go! Just had a price improvement made. Current owner bought this as a duplex conversion. Single family rental property has been transformed into two individual one bedroom rental units. Both units are occupied and being managed by a professional property management company. Easy turnkey transition. Positive cash flow.

  Pamela Brown PMI Indianapolis

  4920 E 34th St, Indianapolis, IN 46218
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  /26

  $135,000

  • 2 Beds
  • 1 Bath
  • 1,220 Sq Ft

  947 E Bradbury Ave, Indianapolis, IN 46203

  Located just steps away from the beautiful Garfield Park Conservatory, Sunken Gardens, and Pleasant Run Trail, this 2-bedroom, 1-bath home presents an outstanding opportunity. Boasting 1,220 sq ft of potential, this property is ready to shine with mostly cosmetic updates needed. Key upgrades have already been completed, including a newer roof (less than 10 years old), updated plumbing with PEX

  Connor Jones Mark Dietel Realty, LLC

  947 E Bradbury Ave, Indianapolis, IN 46203
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  /17

  $115,000

  • 3 Beds
  • 1 Bath
  • 1,114 Sq Ft

  215 S Warman Ave, Indianapolis, IN 46222

  For more information please reach out to the listing agent directly if you are not currently represented by an agent. Great opportunity to own a property in Indianapolis. The property has been updated in terms of cosmetics. The front porch is currently being used as a bedroom. This property is currently renting for 1300 per month. There is plenty of parking in the back. The water heater was

  Barbara Whiteside Keller Williams Indy Metro NE

  215 S Warman Ave, Indianapolis, IN 46222
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  /28

  $190,000

  • 2 Beds
  • 2 Baths

  3607 N Tacoma Ave, Indianapolis, IN 46218

  Fully rented brick two unit with 1 bedroom on each side. Each unit has 1 bedroom, 1 bath, and a basement area. Separate garage for two cars, fully fenced rear yard, large driveway. Tenants are month to month.

  Stacie Kidwell Sandoval F.C. Tucker Company

  3607 N Tacoma Ave, Indianapolis, IN 46218
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  /16

  $130,000

  • 3 Beds
  • 1 Bath
  • 1,006 Sq Ft

  3704 Graceland Ave, Indianapolis, IN 46208

  Charming bungalow nestled near the vibrant Crown Hill area. This property has been a successful rental for the past two years, making it an ideal option for an investment opportunity or perfect for any homeowner.

  Katie Hiatt Compass Indiana, LLC

  3704 Graceland Ave, Indianapolis, IN 46208
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  /29

  $159,900

  • 3 Beds
  • 2 Baths
  • 1,484 Sq Ft

  1632 Queensbridge Square Unit 7, Indianapolis, IN 46219

  This spacious condo has just been completely renovated with fresh paint, new carpet, and luxury vinyl plank flooring. The primary bedroom has two closets and an on-suite bathroom. The two other bedrooms share a second bathroom. Both bathrooms have been updated with new vanities, mirrors & fixtures. The kitchen has new flooring and all Frigidaire appliances have been updated in 2023 or 2025. The

  Lisa McCoy CENTURY 21 Scheetz

  1632 Queensbridge Square Unit 7, Indianapolis, IN 46219
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  /50

  $134,900

  • 2 Beds
  • 1 Bath
  • 1,126 Sq Ft

  8277 Sobax Dr, Indianapolis, IN 46268

  This charming condo in Indianapolis, IN is a perfect blend of vintage charm and modern convenience. Built in 1972, this home boasts 1 bathroom and a finished area of 1,126 sq.ft. The lot size is a spacious 5,471 sq.ft., providing plenty of outdoor space for relaxation and entertaining. The cozy interior features a welcoming atmosphere with a functional layout that includes a living room, kitchen,

  Donna Mink Mink Realty

  8277 Sobax Dr, Indianapolis, IN 46268
• 

  

  /17

  $179,900

  • 6 Beds
  • 2 Baths

  3319 N Capitol Ave, Indianapolis, IN 46208

  Excellent investment opportunity duplex with 2 bedrooms per side. Location is near dowtown, children's museum, and fairgrounds. Duplex has alley access and parking as well as street parking. Must see and this will not last long.

  Kurt Clements Diverse Property Solutions Ind

  3319 N Capitol Ave, Indianapolis, IN 46208
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  /41

  $148,000

  • 2 Beds
  • 1 Bath
  • 672 Sq Ft

  2336 Saint Paul St, Indianapolis, IN 46203

  What a cute bungalow! Completely Renovated! Minutes to Fountain Square and downtown Indy. Nice sized backyard and plenty of space for parking. Open layout and a beautiful covered porch! Updates in 2024: New Water Heater, New Water Softener, All New Electric Wiring, New A/C Unit! Come see it today!

  Angela Line Highgarden Real Estate

  2336 Saint Paul St, Indianapolis, IN 46203
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  /35

  $164,900

  • 3 Beds
  • 1.5 Baths
  • 1,152 Sq Ft

  4814 Lynton Ct, Indianapolis, IN 46254

  Rare 3-Bedroom Condo with Exceptional Privacy & Storage! Discover this rare 3-bedroom condo, perfectly tucked away for ultimate privacy. This home features two fully fenced areas, including one ideal for a dog run, all set against a beautiful tree-lined backdrop. The attached one-car garage provides direct access to the home for added convenience. Inside: The primary bedroom boasts two full

  Randy Worrell Real Broker, LLC

  4814 Lynton Ct, Indianapolis, IN 46254
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  /4

  $165,000

  • 2 Beds
  • 1 Bath
  • 720 Sq Ft

  1311 N Denny St, Indianapolis, IN 46201

  This beautifully updated 2-bedroom home in Little Flower is perfect for investors seeking a turnkey rental or buyers looking for a move-in-ready home. With a fenced backyard and a huge 2-car detached garage, it offers plenty of space inside and out. The home features an updated living area, newer kitchen, modern flooring, and stylish cabinets, while each bedroom boasts its own walk-in closet. A

  Kimberly Yarrell Triple E Realty, LLC

  1311 N Denny St, Indianapolis, IN 46201
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  /23

  $160,000

  • 1 Bed
  • 2 Baths
  • 854 Sq Ft

  230 E 9th St Unit 502, Indianapolis, IN 46204

  Check out this unique true one bedroom condo in the landmark Renaissance Tower building! Two studio units were combined to create a spacious retreat. One of the two walk-in closets is large enough to use as a den or an office. Located in the charming St. Joseph neighborhood on the near-north side of Downtown, it would be perfect for easy downtown living or as a rental property investment. Walk or

  Amanda Wade CENTURY 21 Scheetz

  230 E 9th St Unit 502, Indianapolis, IN 46204
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  /2

  $110,000

  • Land
  • 0.08 Acre
  • $1,375,000 per Acre

  1601 E Ohio St, Indianapolis, IN 46201

  Great lot for availability to build your dream home near the downtown area.

  Jeffrey Augustinovicz F.C. Tucker Company

  1601 E Ohio St, Indianapolis, IN 46201
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  /30

  $150,000

  • 2 Beds
  • 1 Bath
  • 918 Sq Ft

  2501 Reformers Ave, Indianapolis, IN 46203

  Charming Two-Bedroom Ranch Home Near Sarah Shank Golf Course Discover this beautifully renovated two-bedroom, one-bathroom ranch home located just moments away from Sarah Shank Golf Course. This property offers the perfect blend of convenience and comfort, with quick access to I-65, only 10 minutes from downtown Indianapolis, and just a 5-minute drive to the vibrant Fountain Square area.

  Miguel Rodriguez Keller Williams Indy Metro S

  2501 Reformers Ave, Indianapolis, IN 46203
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  /14

  $110,000

  • 2 Beds
  • 1 Bath
  • 728 Sq Ft

  635 Laclede St, Indianapolis, IN 46241

  Great location! Two bedroom, one bathroom, 2 car garage home nestled on a large lot near Washington Street access. Good flooring in Bedrooms, Living Room, Dining Room, Kitchen, Bathroom and Laundry. 2 car garage with large backyard fenced with private Deck great for entertaining and multi vehicles parking, with nice front porch with mature trees. Most of all, we love that you can be a homeowner

  Mohammed Abdul Alibaba, REALTORS®

  635 Laclede St, Indianapolis, IN 46241
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  /18

  $115,000

  • 1 Bed
  • 1 Bath

  3112 W 10th St, Indianapolis, IN 46222

  Unlock the potential of this affordable duplex located in the heart of Indianapolis, perfect for investors looking to expand their rental portfolio! This property offers TWO units, presenting a fantastic opportunity to generate steady rental income with some TLC. Currently, one side is rented for $700/month, providing immediate cash flow while you renovate the other unit. This fixer-upper is

  Kevin Hudoba Keller Williams Indpls Metro N

  3112 W 10th St, Indianapolis, IN 46222
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  /24

  $149,000

  • 2 Beds
  • 1.5 Baths
  • 1,058 Sq Ft

  8336 Woodall Dr Unit KR, Indianapolis, IN 46268

  Step into this charming, modern, two-story home, where warmth and comfort embrace you at every turn. This inviting two-bedroom condo is move-in ready, offering a fresh, clean space to call your own.Step outside, and you're greeted by a private wood-fenced patio with a gated entrance, ideal for entertaining friends, gathering with neighbors, or simply enjoying a peaceful evening under the

  Janet Browning F.C. Tucker Company

  8336 Woodall Dr Unit KR, Indianapolis, IN 46268
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  /23

  $169,900

  • 4 Beds
  • 2 Baths
  • 1,944 Sq Ft

  953 N Oakland Ave, Indianapolis, IN 46201

  Charming 2-Unit Home in Downtown Indianapolis - Perfect for House Hacking! Welcome to 953 N Oakland Ave, a fantastic investment opportunity in the heart of Downtown Indianapolis! This single-family home has been converted into 2 units, including a large detached 1-car garage adds extra value, offering ample space for parking and additional storage. Offering incredible flexibility for

  Katherine Joest Epique Inc

  953 N Oakland Ave, Indianapolis, IN 46201
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  /7

  $120,000

  • Land
  • 0.98 Acre
  • $122,449 per Acre

  9020 E 16th St, Cumberland, IN 46229

  Great opportunity for residential development.

  Abril Villegas F.C. Tucker Company

  9020 E 16th St, Cumberland, IN 46229
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  /29

  $169,000

  • 3 Beds
  • 1 Bath
  • 1,136 Sq Ft

  7367 Parkside Dr, Indianapolis, IN 46226

  Cute little home that is an easy keeper. Clean and fresh paint for you to move right in. Back room has been converted into a large bedroom. A closet is being added. . Roof is approximately 5 years old, windows are about 8 years old, new water heater. Garage is an oversized one car with plenty of storage. Sellers have never lived in the home. No disclosure. The home has had a long term renter. The

  Donette Looper Home Loop Realty, LLC

  7367 Parkside Dr, Indianapolis, IN 46226
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  /39

  $186,000

  • 2 Beds
  • 1 Bath
  • 672 Sq Ft

  1237 E Pleasant Run Parkway South Dr, Indianapolis, IN 46203

  Welcome to this tidy brick bungalow, perfectly situated along the Pleasant Run Trail and just minutes from the vibrant scenes of Fountain Square and Garfield Park. Step onto the inviting covered front porch and into a well-maintained home where you'll find hardwood floors, fresh paint, and a lovely archway connecting the living room to the kitchen area. The kitchen features newer neutral

  Lesli Gibson Maywright Property Co.

  1237 E Pleasant Run Parkway South Dr, Indianapolis, IN 46203
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  /25

  $105,000

  • 3 Beds
  • 1 Bath
  • 1,008 Sq Ft

  2429 N Arsenal Ave, Indianapolis, IN 46218

  Opportunity knocks in the Oakhill neighborhood! This 3-bedroom, 2-bath cottage-style home is full of potential, just waiting for the right touch to bring it back to life. With 1,008 square feet of living space, a solid concrete block build, and a low-maintenance vinyl exterior, this home is the perfect investment or renovation project. Inside, you'll find a spacious living room filled with

  Terry Young Red Bridge Real Estate

  2429 N Arsenal Ave, Indianapolis, IN 46218
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  /19

  $135,000

  • 2 Beds
  • 2 Baths

  316 W 29th St, Indianapolis, IN 46208

  Turnkey Duplex in Up-and-Coming Highland Vicinity - Strong Investment Potential! Located at 316 W 29th St, Indianapolis, this well-maintained duplex offers an excellent opportunity for investors seeking monthly cash flow and long-term appreciation. Situated in the Highland Vicinity neighborhood, this area is beginning to see revitalization and sits just minutes from some of Indy's top

  Peter Stewart Keller Williams Indpls Metro N

  316 W 29th St, Indianapolis, IN 46208
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  /38

  $125,000

  • 2 Beds
  • 1 Bath
  • 1,008 Sq Ft

  831 Wallace Ave, Indianapolis, IN 46201

  Step onto the inviting front porch of this classic 2-bedroom, 1-bath bungalow in the heart of Emerson Heights, and envision the possibilities! Bursting with character, this 904 sq. ft. home features a spacious living and dining area with charming archways and natural light pouring in through large windows. The vintage kitchen is ready for your creative touch, while both bedrooms offer comfortable

  Terry Young Red Bridge Real Estate

  831 Wallace Ave, Indianapolis, IN 46201
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  /20

  $185,000

  • 2 Beds
  • 2 Baths
  • 1,044 Sq Ft

  805 N Tuxedo St, Indianapolis, IN 46201

  Charming & Updated Home- A Must-See! This beautifully renovated home blends modern updates with timeless character, offering an open-concept living/dining/kitchen area perfect for entertaining. Features include new interior/exterior paint, new trim, updated lighting, and ceiling fans. Enjoy a kitchen with marble countertops, soft-close cabinets, a peninsula with seating, and new appliances. The

  Danielle Brock Carpenter, REALTORS®

  805 N Tuxedo St, Indianapolis, IN 46201
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  /13

  $115,000

  • 2 Beds
  • 1 Bath
  • 795 Sq Ft

  3505 N Oxford St, Indianapolis, IN 46218

  Great 2 bedroom 1 bath home, needs update

  Barbara Buffington

  3505 N Oxford St, Indianapolis, IN 46218
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  /38

  $199,400

  • 4 Beds
  • 2 Baths
  • 2,116 Sq Ft

  5657 E Fall Creek Pkwy Dr N, Indianapolis, IN 46226

  REDUCED JUST FOR YOU! Bring your designer skillsets, contractors, and make this 1.54 acre multi level 4 BR layout in desired Lawrence TWP, your dream home sanctuary! The partially gutted interior blank canvas throughout 3 levels, allows you to reconfigure your own stunning idea aesthetics. The wrap around upper deck overlooks hiking walking trails, babbling Fall Creek and the fenced inground

  Teale Rhodes BUY FAITH REALTORS 2 LLC

  5657 E Fall Creek Pkwy Dr N, Indianapolis, IN 46226
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  /14

  $115,000

  • Land
  • 0.28 Acre
  • $410,714 per Acre

  2717 N Shriver Ave, Indianapolis, IN 46208

  Seize this incredible opportunity to build your dream home in a prime Indianapolis location! This lot is situated in an up-and-coming area with water and sewer already on-site, making the building process even smoother. Enjoy the convenience of being just minutes from shops, restaurants, and entertainment, with easy access to major highways and downtown. Whether you're a builder or future

  Allyson Brooks Mark Dietel Realty, LLC

  2717 N Shriver Ave, Indianapolis, IN 46208
• 

  

  /23

  $175,000

  • 3 Beds
  • 1 Bath
  • 1,872 Sq Ft

  3618 Spann Ave, Indianapolis, IN 46203

  Imagine coming home to this beautifully maintained 3-bedroom home nestled in the heart of Center Township in Indianapolis! With 1,872 square feet of finished living space, including a fully finished basement, this one-level home offers both comfort and versatility. You'll immediately notice the newer paint throughout, giving the space a fresh, updated feel. The home has been lovingly cared for,

  Stacey Brown Keller Williams Indy Metro NE

  3618 Spann Ave, Indianapolis, IN 46203
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  /22

  $186,000

  • 3 Beds
  • 2 Baths
  • 1,418 Sq Ft

  1216 N Holmes Ave, Indianapolis, IN 46222

  Updated 3-Bedroom, 2-Full-Bath Home Near Speedway! This property is a perfect investment opportunity or starter home. It features 12-foot ceilings on the main level and a beautiful archway connecting the living and dining rooms. Enjoy the lovely window seat in the dining room and the spacious primary ensuite upstairs, which includes an oversized tiled shower, double vanity sinks, and a walk-in

  Lora Lex Fire House Real Estate

  1216 N Holmes Ave, Indianapolis, IN 46222
• 

  

  /14

  $194,900

  • 2 Beds
  • 2.5 Baths
  • 992 Sq Ft

  6059 S Bay Dr, Indianapolis, IN 46250

  Discover modern living in this fully updated 2-bedroom, 2.5-bathroom condo in the desirable Castlebay Woods community. Featuring new granite countertops, stainless steel appliances, and a stylish, open-concept design, this home is perfect for comfortable living and entertaining. Each spacious bedroom includes its own full en-suite bathroom, offering ultimate privacy and convenience. The

  Sam Huesman Pillario Property Management LLC

  6059 S Bay Dr, Indianapolis, IN 46250
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  /17

  $139,900

  • 2 Beds
  • 1 Bath
  • 875 Sq Ft

  1153 W 29th St, Indianapolis, IN 46208

  Great property in an up-and-coming area! Cute two bedroom that's move-in ready. Currently being used as a short-term rental. Many possibilities here. Add to a rental portfolio or move in and call this place HOME. Covered front porch. Dining room for flex space. All appliances included including convenient stack washer/dryer on main level. New bathroom and shower. Central Air. So many new

  Pamela Brown PMI Indianapolis

  1153 W 29th St, Indianapolis, IN 46208
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  /13

  $149,999

  • 3 Beds
  • 1 Bath
  • 1,176 Sq Ft

  3420 N Chester Ave, Indianapolis, IN 46218

  Charming 3-bedroom, 1-bathroom home in the sought-after Forest Manor Subdivision. Featuring original hardwood floors throughout, a spacious living room, and a functional kitchen ready for your personal touch. The property includes a garage and a backyard with plenty of potential. Conveniently located near schools, parks, and shopping. A perfect blend of comfort and convenience!

  Jake bonds Bennett Realty

  3420 N Chester Ave, Indianapolis, IN 46218
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  /9

  $114,900

  • 2 Beds
  • 1 Bath
  • 964 Sq Ft

  2148 Singleton St, Indianapolis, IN 46203

  This 2 bedroom, 1 full bath condo boasts considerable potential but requires renovation, presenting a promising investment opportunity or ideal owner-occupant scenario.

  Kelly Wood RE/MAX At The Crossing

  2148 Singleton St, Indianapolis, IN 46203
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  /24

  $140,000

  • 2 Beds
  • 1 Bath
  • 896 Sq Ft

  1911 Wilcox St, Indianapolis, IN 46222

  Located at 1911 Wilcox St, this well-maintained 2-bedroom, 1-bathroom home is a turnkey investment opportunity with a tenant already in place. Recent updates including new carpet and fresh, neutral gray paint throughout, ensure low maintenance and long-term appeal. With immediate rental income and minimal turnover costs, this property is a smart addition to any investment portfolio. Its

  Crissi Matthews Key Realty Indiana

  1911 Wilcox St, Indianapolis, IN 46222
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  /47

  $184,900

  • 3 Beds
  • 1 Bath
  • 1,522 Sq Ft

  3470 N Kenwood Ave, Indianapolis, IN 46208

  Great opportunity! This rehabbed home is move-in ready and offers the perfect blend of comfort and investment potential. Whether you're a homeowner looking for a fresh start or an investor seeking a turnkey rental property, this home checks all the boxes. Featuring partial vinyl plank flooring, fresh paint, and updated finishes, the interior is bright, welcoming, and ready for its next owner. The

  Todd Burton Berkshire Hathaway Home

  3470 N Kenwood Ave, Indianapolis, IN 46208
• 

  

  /20

  $125,000

  • 3 Beds
  • 1 Bath
  • 1,008 Sq Ft

  2194 N Riley Ave, Indianapolis, IN 46218

  INVESTOR ALERT!!! Here's a great opportunity to add an income producing 3 bedroom, 1.5 bathroom SFR to you portfolio. Located within close proximity to Little Flower, Irvington and Community Heights, this property is perfectly situated amongst these highly sought after areas. You'll enjoy immediate cash flow in a appreciating area, while having peace of mind knowing that the property has a steady

  Tom Endicott Keller Williams Indy Metro NE

  2194 N Riley Ave, Indianapolis, IN 46218
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  /33

  $189,000

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

  621 Melvenia St, Indianapolis, IN 46219

  Located just southwest of Irvington & under 15 minutes drive time to downtown Indianapolis, this beautifully remodeled home is a true standout! With its charming curb appeal, you'll be drawn to the updated sage green vinyl siding, cedar shake shingles, newer roof (3 years), & modern windows that flood the home with natural light. Enter in to discover a bright, open-concept living and dining area,

  Jennifer Melind Berkshire Hathaway Home

  621 Melvenia St, Indianapolis, IN 46219

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