Indianapolis, IN Homes under $200,000

• 

  

  

  /5

  $120,000

  • 4 Beds
  • 1 Bath
  • 2,604 Sq Ft

  46 S Warman Ave, Indianapolis, IN 46222

  Investment opportunity Multi Family Home with Huge Potential. Looking for your next project or an income- producing property you can make your own? This spacious multi family home offers incredible value and endless possibilities! Solid structure with great bones just needs your vision and TLC!

  Latashia White Black Realty Company

  46 S Warman Ave, Indianapolis, IN 46222
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  /2

  $144,900

  • Land
  • 0.84 Acre
  • $172,500 per Acre

  6422 Fall Creek Rd, Indianapolis, IN 46220

  Build your dream home on this beautiful lot surrounded by nature. It offers plenty of privacy with mature trees and a peaceful stream. Located in Avalon Hills, the lot has no HOA-so you won't have to worry about building architectural restrictions. Just minutes from downtown, Broad Ripple, and Castleton. Builders are welcome. There's no driveway or clearing on the lot right now, but you can park

  Ryan Morris CENTURY 21 Scheetz

  6422 Fall Creek Rd, Indianapolis, IN 46220
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  /34

  $148,999

  • 2 Beds
  • 1 Bath
  • 725 Sq Ft

  2350 E Legrande Ave, Indianapolis, IN 46203

  From the moment you arrive, you'll notice the fresh curb appeal with new siding, updated windows, and welcoming front steps that lead into a bright, open interior. Inside, everything has been thoughtfully redone-new vinyl plank flooring throughout, brand new appliances, kitchen cabinets, updated mechanicals, and a refreshed full bathroom. With two comfortable bedrooms and one full bath, this

  Kimberly Lyon Hoosier, REALTORS®

  2350 E Legrande Ave, Indianapolis, IN 46203
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  /28

  $150,000

  • 2 Beds
  • 1 Bath
  • 672 Sq Ft

  4310 Crittenden Ave, Indianapolis, IN 46205

  Welcome to 4310 Crittenden Ave - a lovingly maintained home that has been in the family for many years - has recently undergone a thoughtful renovation. Over the past couple of years, numerous updates have been completed, including new exterior siding, all new flooring throughout, updated kitchen cabinets, and a fully remodeled bathroom featuring new cabinets, sink, bathtub, shower fixtures, and

  Randy Worrell Real Broker, LLC

  4310 Crittenden Ave, Indianapolis, IN 46205
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  /21

  $137,000

  • 3 Beds
  • 1 Bath
  • 1,052 Sq Ft

  4034 N Temple Ave, Indianapolis, IN 46205

  This single-family residence offers an inviting home that is freshly renovated and ready to move in. Ideally located near downtown Indianapolis, Broad Ripple, and Butler University, this home provides both convenience and charm. The residence features a comfortable layout encompassing three bedrooms-perfect for creating personalized spaces. Imagine the possibilities for each room, from a tranquil

  Xavier McFadden Berkshire Hathaway Home

  4034 N Temple Ave, Indianapolis, IN 46205
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  /21

  $158,000

  • 2 Beds
  • 1.5 Baths
  • 1,254 Sq Ft

  1131 Canterbury Square S, Indianapolis, IN 46260

  Welcome home to this beautifully updated condo offering low-maintenance living with modern touches throughout. The main level features stylish flooring, a spacious living room with sliding doors that lead to your private, fenced-in patio-perfect for relaxing or entertaining. The galley kitchen is bright and functional, offering updated cabinetry and a designated dining space just off the entry.

  Patrick Tumbarello F.C. Tucker Company

  1131 Canterbury Square S, Indianapolis, IN 46260
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  /14

  $130,000

  • 2 Beds
  • 1 Bath
  • 725 Sq Ft

  2473 N Goodlet Ave, Indianapolis, IN 46222

  Welcome to this 2 bedroom, 1-bath home featuring a spacious 2-car garage and endless potential. Whether you're an investor looking for your next project or a first-time homebuyer eager to add your personal touch, this property is full of promise.

  Rosa Molina Casas Investments LLC

  2473 N Goodlet Ave, Indianapolis, IN 46222
• 

  

  /19

  $185,000

  • 3 Beds
  • 1 Bath
  • 1,400 Sq Ft

  3712 S Kealing Ave, Indianapolis, IN 46237

  Complitely remodeled Perry two schools : new kitchen, bathroom, flooring , updated pluming, electric, etc, nice Lot.

  Tatyana Crismore Indiana Homestore, LLC

  3712 S Kealing Ave, Indianapolis, IN 46237
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  /20

  $199,900

  • 4 Beds
  • 1.5 Baths
  • 995 Sq Ft

  3201 W 22nd St, Indianapolis, IN 46222

  Beautifully Renovated 4-Bedroom Home with Modern Upgrades and Spacious Garage! Fully updated 4-bedroom, 1.5 Bathrooms, Loft, 2 Car Garage home ideally located between Kessler Blvd and Tibbs Ave in a quiet, established neighborhood. This thoughtfully remodeled home offers comfort, style, and functionality in every detail. The fully fenced yard (both front and back) offers great outdoor space for

  Jim Finefrock Finney Group Realty LLC

  3201 W 22nd St, Indianapolis, IN 46222
• 

  

  /21

  $192,000

  • 2 Beds
  • 2 Baths
  • 900 Sq Ft

  3562 E Morris St, Indianapolis, IN 46203

  Step into this beautifully reimagined home where every inch has been thoughtfully designed for comfort, function, and style. The open-concept layout creates a light and spacious feel that's perfect for modern living. This home is essentially brand new from the studs in. No detail was overlooked-from the brand new HVAC system, roof, vinyl siding, and windows, to updated electrical, plumbing, and

  Cristalys DeJesus Totalis Real Estate Solutions

  3562 E Morris St, Indianapolis, IN 46203
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  /39

  $195,000

  • 2 Beds
  • 2 Baths
  • 1,389 Sq Ft

  2267 Rome Dr Unit A, Indianapolis, IN 46228

  Welcome to this beautifully updated 2-bedroom, 2-bath, main-level condo in the desirable Knoll Condos community. Featuring a spacious and functional floorplan, this home offers comfortable living in a prime location-just minutes from major highways, downtown, shopping, entertainment, and both Butler and Marion Universities. Inside, you'll find updates including new flooring, modern vanities and

  Miranda Payne Carpenter, REALTORS®

  2267 Rome Dr Unit A, Indianapolis, IN 46228
• 

  

  /21

  $149,900

  • 2 Beds
  • 1 Bath
  • 725 Sq Ft

  524 S Arlington Ave, Indianapolis, IN 46219

  Welcome to 524 S Arlington Ave! This adorable home sits in the lively Historic Irvington area. As you walk in you'll fall in love with the charm. Newer floors and huge living room window invites you to the coziness of the home. 2 bedrooms with an updated tiled shower is perfect to move right in! If you're a first time home buyer, this is would be the ideal start. UPDATES THROUGHOUT include

  Ali Rahimi Trueblood Real Estate

  524 S Arlington Ave, Indianapolis, IN 46219
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  /24

  $119,900

  • 2 Beds
  • 1.5 Baths
  • 1,162 Sq Ft

  1938 N Dearborn St, Indianapolis, IN 46218

  Welcome to 1938 N Dearborn-a charming Traditional American home tucked away on a peaceful street in the heart of North Brookside Park. This 2-bedroom, 1.5-bath property offers 1,162 square feet of main-level living space and a full basement, just waiting for your personal touch. Built in 1920, the home blends vintage character with functional layout. Inside, you'll find a bright and spacious

  Charlene Gaard No Limit Real Estate, LLC

  1938 N Dearborn St, Indianapolis, IN 46218
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  /12

  $165,000

  • 3 Beds
  • 1.5 Baths
  • 1,008 Sq Ft

  1517 N Gladstone Ave, Indianapolis, IN 46201

  Newly remodeled 3 bed craftsman in Little Flower! It features new luxury vinyl flooring throughout, open layout, brand new appliances, and a nice basement with a half bath. Off street parking. Close to Downtown, highway and Community East hospital. This house has been a successful rental for years. Move in ready.

  Yang Xiao Sheepsheds, LLC

  1517 N Gladstone Ave, Indianapolis, IN 46201
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  /31

  $175,000

  • 4 Beds
  • 2 Baths
  • 1,698 Sq Ft

  517 N Alton Ave, Indianapolis, IN 46222

  This remodeled 4-bedroom, 2-bathroom home is a must-see, located just minutes from the Indianapolis Motor Speedway. It features many upgrades including new flooring, renovated bathrooms, a spacious two-car garage, a fenced-in patio, a brand-new deck, and more-offering the perfect blend of style, comfort, and convenience. Seller is open to concessions with an acceptable offer.

  Iscary Payano 1 Percent Lists - Hoosier State Realty LLC

  517 N Alton Ave, Indianapolis, IN 46222
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  /12

  $199,000

  • 3 Beds
  • 1 Bath
  • 1,643 Sq Ft

  9024 W Mooresville Rd, Camby, IN 46113

  3 bedroom 1 bath original farmhouse dating back to 1860. Home sits on just under an acre with a large 2 car detached garage, recent upgrades include on demand hot water system, 90% furnace and bath remodel. Conveniently located near Heartland Crossing(5 minute walk) for retail and restaurant needs but has a "farm vibe".

  Dean Ehrgott Tower 1 Realty

  9024 W Mooresville Rd, Camby, IN 46113
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  /16

  $185,000

  • 2 Beds
  • 1 Bath
  • 1,354 Sq Ft

  1728 N Somerset Ave, Indianapolis, IN 46222

  This home features a converted garage that now serves as a fully equipped studio-perfect for additional living space or rental potential. The studio includes its own kitchen, dining area, living room, full bathroom, and one bedroom.

  Braulio Moreno F.C. Tucker Company

  1728 N Somerset Ave, Indianapolis, IN 46222
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  /12

  $154,900

  • 2 Beds
  • 1 Bath
  • 1,342 Sq Ft

  1425 Sharon Ave, Indianapolis, IN 46222

  This property offers great potential as a fixer-upper investment or a perfect starter home! Featuring a 3-year-old Roof and A/C unit replaced in 2022.All measurements and information are approximate; buyers are encouraged to perform their own due diligence.

  Braulio Moreno F.C. Tucker Company

  1425 Sharon Ave, Indianapolis, IN 46222
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  /24

  $129,000

  • 3 Beds
  • 1 Bath
  • 1,214 Sq Ft

  435 N Rural St, Indianapolis, IN 46201

  This 2-story, 3-bedroom home is full of potential and ready for your personal touch! Whether you're looking to flip, rent, or hold, this property makes a smart addition to your portfolio. Features include a charming covered front porch and a spacious back deck-perfect for relaxing or entertaining.

  Katrina Archie F.C. Tucker Company

  435 N Rural St, Indianapolis, IN 46201
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  /37

  $159,900

  • 3 Beds
  • 1.5 Baths
  • 1,500 Sq Ft

  7724 Eagle Valley Pass, Indianapolis, IN 46214

  This spacious, low maintenance, end unit condo shares only the garage wall and is a short walk from the club house, pool and courts. Enjoy the close-knit Eagle Valley community, the cozy fireplace, large kitchen with stone counters, formal dining space, vaulted primary bedroom ceiling, walk-in closet and tub/shower, oversized two-car attached garage and private rear patio. With close proximity to

  Laura Haltom eXp Realty, LLC

  7724 Eagle Valley Pass, Indianapolis, IN 46214
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  /13

  $114,900

  • 1 Bed
  • 1 Bath
  • 692 Sq Ft

  1358 Hiatt St, Indianapolis, IN 46221

  Nestled at 1358 Hiatt ST, INDIANAPOLIS, IN, this charming single-family residence in Marion County presents an inviting home, ready to move in and begin a new chapter. Imagine relaxing on the porch, enjoying a morning beverage as the day begins, or unwinding in the evening with a gentle breeze, making this inviting space an extension of your living area. Beyond the residence itself, the

  Rafael Ayala eXp Realty, LLC

  1358 Hiatt St, Indianapolis, IN 46221
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  /35

  $199,900

  • 3 Beds
  • 1.5 Baths
  • 1,304 Sq Ft

  2720 S Taft Ave, Indianapolis, IN 46241

  Welcome to this charming multi-level 3-bedroom, 1.5-bath home, located in Wayne Township. Featuring attractive stucco-style siding and thoughtful updates throughout, this home is move-in ready with brand new luxury vinyl plank flooring and fresh carpet in the bedrooms. The kitchen is equipped with sleek new black appliances with a separate dining area. Enjoy extra storage in the full basement,

  Sam Huesman Pillario Property Management LLC

  2720 S Taft Ave, Indianapolis, IN 46241
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  /31

  $134,900

  • 4 Beds
  • 2 Baths
  • 1,104 Sq Ft

  2359 N Gale St, Indianapolis, IN 46218

  4 Bed 2 bath home located in a friendly neighborhood, the home features spacious living areas, plenty of natural light, and a welcoming atmosphere. Outside, the backyard is perfect for relaxing or entertaining. Conveniently located near schools, parks, shopping, and dining, this property offers both stability and potential for future appreciation.

  Andy Spurling Berkshire Hathaway Home

  2359 N Gale St, Indianapolis, IN 46218
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  /15

  $159,900

  • 2 Beds
  • 1.5 Baths
  • 1,061 Sq Ft

  4408 Clovelly Ct, Indianapolis, IN 46254

  Welcome to this move-in ready 2 bed, 1.5 bath condo featuring a smart, functional layout and attached 1-car garage. This well-maintained home offers a spacious living room, separate dining area, and generously sized bedrooms-perfect for first-time buyers or anyone looking to downsize with comfort and style. Enjoy peaceful living in a quiet, well-kept community just minutes from downtown, I-65,

  Mukul Khanna RE/MAX Advanced Realty

  4408 Clovelly Ct, Indianapolis, IN 46254
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  /11

  $160,000

  • 2 Beds
  • 1 Bath
  • 864 Sq Ft

  5312 N Kercheval Dr, Indianapolis, IN 46226

  Nestled at 5312 N Kercheval DR, Indianapolis, IN, this single-family residence offers an inviting home, ready for you to create new memories. Imagine preparing meals in a kitchen enhanced by a backsplash and detailed with crown molding. This space offers a blend of functionality and attractive design. The bathroom features a walk-in shower, creating a space for relaxation and refreshing starts

  Crystal Bennett United Real Estate Indpls

  5312 N Kercheval Dr, Indianapolis, IN 46226
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  /41

  $197,900

  • 3 Beds
  • 2.5 Baths
  • 1,886 Sq Ft

  9016 Neptune Dr, Indianapolis, IN 46229

  $10k Price Drop!!!! OUTSTANDING OPPORTUNITY to INVEST IN or OWN a well-maintained 2 Level WARREN TWP home *3BD, 2.5 BATHS w/2 CAR ATTACHED GARAGE*PRIMARY BD includes SHOWER BATH*SUPER LARGE LR w/combo Dining Rm*SPACIOUS FAMILY RM*Kitchen w/Breakfast area & all kitchen appliances stay*Enclosed SUN RM has many options including a possible office or studio space (currently being used as a 4th BD)

  Ruby Simpson Simpson Real Estate & Property Management, LLC

  9016 Neptune Dr, Indianapolis, IN 46229
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  /2

  $190,000

  • 6 Beds
  • 1 Bath

  221 S State Ave, Indianapolis, IN 46201

  Location location location 3 minutes from downtown Indy and 5 minutes from Fountain Square. Duplex is on main road within walking distance to bus line. Most homes in area are being remodeled and this property is in need of updates. Sold as-is for the savvy investor. Both sides occupied.

  Martha Hernandez eXp Realty, LLC

  221 S State Ave, Indianapolis, IN 46201
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  /10

  $179,000

  • 1 Bed
  • 1 Bath

  1703 E 34th St, Indianapolis, IN 46218

  This income producing property houses four tenants in separate studios. Each unit has private entrance, bath, kitchen and living space. Currently FULLY LEASED with some guaranteed payments via VA or Section 8. Rent varies with each unit but average $844 per month. Landlord pays all utilities at an average of Appox. $500 per month. Buyer can view one of the 4 units and the others will be available

  Brett Young eXp Realty, LLC

  1703 E 34th St, Indianapolis, IN 46218
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  /26

  $189,500

  • 3 Beds
  • 2.5 Baths
  • 1,468 Sq Ft

  8410 Hague Rd Unit 5, Indianapolis, IN 46256

  3 BR 2.5 BA condo/townhouse. Just installed Luxury Vinyl Plank Flooring on the main level family room. Recently painted. Frigidaire oven/range appliance replaced June 2025. All kitchen appliances including washer and dryer remain. Paint in neutral colors. Open great room and Breakfast bar. Spacious bedrooms. New carpet in lower bedroom. heavy-duty HVAC replaced in 2018! 1 car attached garage plus

  Laurie Tucco Tucco Realty LLC

  8410 Hague Rd Unit 5, Indianapolis, IN 46256
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  /31

  $164,950

  • 2 Beds
  • 2 Baths
  • 1,159 Sq Ft

  5019 Amber Creek Place, Indianapolis, IN 46237

  Original Owner! Spacious Condo with No Upstairs Neighbors! Located on the top floor, this inviting condo offers soaring ceilings and a bright, open layout that's both functional and welcoming. The large family room flows seamlessly into the dining area and kitchen, making it ideal for everyday living and entertaining. Step out onto the relaxing balcony - a perfect spot to enjoy your morning

  Fabiola Veguilla Highgarden Real Estate

  5019 Amber Creek Place, Indianapolis, IN 46237
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  /12

  $150,000

  • 3 Beds
  • 1 Bath
  • 1,056 Sq Ft

  4607 Melrose Ave, Indianapolis, IN 46241

  This property is currently tenant-occupied on a month-to-month lease. It features 3 bedrooms and an additional bonus room. The roof was recently replaced in 2025.

  Braulio Moreno F.C. Tucker Company

  4607 Melrose Ave, Indianapolis, IN 46241
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  /23

  $155,000

  • 2 Beds
  • 2 Baths

  1849 E Minnesota St, Indianapolis, IN 46203

  Fully rented and cash-flowing, this 1 bed, 1 bath duplex presents an excellent opportunity for both investors and owner-occupants. Currently generating $1,525/month in gross rental income, there's clear upside potential-market rents are projected at $1,000-$1200/month per unit. With boths units on a month-to-month lease, there's flexibility to raise rents or renovate. Each unit is separately

  Tyler Lingle @properties

  1849 E Minnesota St, Indianapolis, IN 46203
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  /26

  $169,000

  • 5 Beds
  • 1 Bath
  • 1,824 Sq Ft

  9045 Stardust Dr, Indianapolis, IN 46229

  Five-bedroom, one-bathroom fixer-upper with great potential-ideal as an investment property or for a future homeowner ready to renovate. The home features a fireplace and multiple versatile rooms, one of which could serve as a home office. Conveniently located with easy access to I-465, downtown, restaurants, and shopping.

  Robert Salmons Entera Realty

  9045 Stardust Dr, Indianapolis, IN 46229
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  /21

  $162,000

  • 3 Beds
  • 1.5 Baths
  • 1,456 Sq Ft

  1749 N Graham Ave, Indianapolis, IN 46218

  Three-bedroom, 1.5-bathroom home with a one-car garage and finished basement-ready for your personal touch. With a bit of TLC and updates, this home has the potential to become your perfect retreat. Enjoy your mornings on the screened-in back porch overlooking the fenced backyard. Conveniently located just minutes from I-70, I-465, schools, and shopping. Schedule your showing today!

  Robert Salmons Entera Realty

  1749 N Graham Ave, Indianapolis, IN 46218
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  /18

  $169,900

  • 3 Beds
  • 1 Bath
  • 1,073 Sq Ft

  3509 N Wittfield St, Indianapolis, IN 46235

  Charming and move-in ready! This beautifully updated 3-bedroom, 1-bath ranch offers the perfect blend of comfort and style. Step inside to find a bright and cozy living space with modern finishes and fresh updates throughout. The kitchen features sleek countertops, updated cabinetry, and plenty of room for cooking and entertaining. Each bedroom is spacious and filled with natural light. Outside,

  Angela Richardson F.C. Tucker Company

  3509 N Wittfield St, Indianapolis, IN 46235
• 

  

  /18

  $149,900

  • 3 Beds
  • 1 Bath
  • 1,104 Sq Ft

  1948 Bloyd Ave, Indianapolis, IN 46218

  RENTED FOR $1,795! GREAT CASH FLOW! Check out this freshly renovated 3B1B home right down the street from North Mass Boulder; perfect for any investor looking to own close to Indy's north side amenities. This home has new LVP in the main living spaces, and fresh carpet in all three bedrooms. Chef's kitchen comes equipped with new cabinetry and stainless steel appliances. Plenty of space for a

  Trent Kiester @properties

  1948 Bloyd Ave, Indianapolis, IN 46218
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  /15

  $118,000

  • Land
  • 2.77 Acres
  • $42,599 per Acre

  3731 Wellington Ave, Indianapolis, IN 46226

  Unlock Prime Potential on 2.77 Acres Near I-465 - 3731 Wellington Ave, Indianapolis, IN 46226. Strategically positioned just moments from the I-465 and Pendleton Pike interchange, this 2.77-acre parcel in Marion County's Warren Township offers an exceptional opportunity for developers, investors, or visionaries seeking affordable land with strong long-term potential. Surrounded by a blend of

  Annie Scott F.C. Tucker Company

  3731 Wellington Ave, Indianapolis, IN 46226
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  /21

  $169,900

  • 3 Beds
  • 1 Bath
  • 1,181 Sq Ft

  7641 E 35th St, Indianapolis, IN 46226

  Move-In Ready and Recently Update Ranch!!! This beautifully refreshed 3-Bedroom, 1-Bathroom ranch-style home is ready for its next owner. Enjoy peace of mind with a brand new Roof(May 2025), New LVP Flooring Throughout the whole home(May 2025) Fresh interior and exterior paint(May 2025), and recently updated Furnace and A/C(2024). The Kitchen features new stainless steel appliances, including

  Ryan Lambert S & R Realty, LLC

  7641 E 35th St, Indianapolis, IN 46226
• 

  

  /19

  $144,900

  • 2 Beds
  • 1 Bath
  • 616 Sq Ft

  4715 Normal Ave, Indianapolis, IN 46226

  This beautifully renovated 2-bedroom, 1 -bath home is move-in ready full of charm. Featuring brand new flooring throughout, fresh interior paint, updated kitchen cabinets, a stunningly remodeled bathroom, new interior and exterior doors, and updated windows- every detail has been thoughtfully refreshed. Whether you're a first-time buyer or looking to downsize, this home offers comfort, style, and

  Luis Coronel Realty of America LLC

  4715 Normal Ave, Indianapolis, IN 46226
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  /29

  $170,000

  • 1 Bed
  • 1 Bath
  • 876 Sq Ft

  8176 Shorewalk Dr Unit C, Indianapolis, IN 46236

  If you are looking for the minimalist lifestyle in Geist, this condo is for you. Located one level up grants an amazing tree top view and of Geist lake! All new appliances, lighting, FLVP flooring, carpet, updated bathroom and a wide open floor plan means you truly can move right in and unpack the boxes! This community has been beloved by many over the years featuring a community pool where

  Angela Duggan F.C. Tucker Company

  8176 Shorewalk Dr Unit C, Indianapolis, IN 46236

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