Indianapolis, IN Homes for Sale under $200,000

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  /15

  $194,750

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

  5813 Somers Dr, Indianapolis, IN 46237

  Situated within the desirable Arlington Acres subdivision of Franklin Township, this residence presents an exceptional opportunity. Its location offers access to major thoroughfares, recreational amenities, and community conveniences, making it ideally suited for those who value both practicality and lifestyle. The home features an attached two-car garage, a spacious great room, and a welcoming

  Chris Price Keller Williams Indy Metro S

  5813 Somers Dr, Indianapolis, IN 46237
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  /3

  $145,000

  • 2 Beds
  • 1 Bath
  • 840 Sq Ft

  5312 W Mooresville Rd, Indianapolis, IN 46221

  Charming Country Cottage on Half an Acre - Must See! This adorable country cottage offers the perfect blend of cozy charm and modern comfort. Situated on a spacious half-acre lot, this home features an*open floor plan, hardwood floors, and a privacy fence for added seclusion. You'll love the oversized 2+ car garage- perfect for extra storage, a workshop, or your next project space. Will Not Last

  Jeneene West Jeneene West Realty, LLC

  5312 W Mooresville Rd, Indianapolis, IN 46221
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  /3

  $110,000

  • 2 Beds
  • 1 Bath
  • 672 Sq Ft

  1518 N Chester Ave, Indianapolis, IN 46201

  Updated 2-Bedroom Home Near 10th & Chester. Beautifully updated 2BR/1BA with modern kitchen and bath, bright living spaces, and a convenient location in an up-and-coming neighborhood. Perfect for first-time buyers or investors, with easy access to downtown, shopping, and dining.

  Kimberly Yarrell Triple E Realty, LLC

  1518 N Chester Ave, Indianapolis, IN 46201
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  /3

  $162,500

  • 3 Beds
  • 1 Bath
  • 1,074 Sq Ft

  4012 N Elizabeth St, Indianapolis, IN 46226

  Nestled at 4012 N Elizabeth ST, INDIANAPOLIS, IN, this single-family residence presents a wonderful opportunity to create a comfortable haven. The residence features three bedrooms, offering private spaces for rest and rejuvenation. The single full bathroom provides a dedicated space for personal care. With 1074 square feet of living area, the interior provides an intimate and manageable space.

  Jevon Hill Keller Williams Indy Metro S

  4012 N Elizabeth St, Indianapolis, IN 46226
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  /29

  $145,000

  • 3 Beds
  • 1 Bath
  • 928 Sq Ft

  1620 Norton Ave, Indianapolis, IN 46227

  Step into this totally reimagined cottage home, nestled just a few blocks from University of Indianapolis. You'll be greeted with an open living area that flows in to the dining room, perfect for hosting friends & loved ones for meals and entertaining. The kitchen features all new quartz counters, shaker cabinets, and custom tile backsplash. All flooring throughout has been upgraded with LVP,

  Matthew Wehner Gardner Property Group

  1620 Norton Ave, Indianapolis, IN 46227
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  /16

  $165,000

  • 3 Beds
  • 2 Baths
  • 1,409 Sq Ft

  3608 N Kenwood Ave, Indianapolis, IN 46208

  RENT TO OWN!!! This is not a straight rental! There is a $5000 down payment (non-refundable). Your goal is to buy the home! This renovated bungalow near Butler Tarkington is calling your name! With 3 beds and 2 full baths, a great front porch and large basement. 3 bedroom 2 full bath! Home has a brand new roof, newer hvac, and newer sewer line. Now is your chance to lock in a home and have up

  Lee Smith Lee Smith Realty, LLC

  3608 N Kenwood Ave, Indianapolis, IN 46208
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  /12

  $189,999

  • 5 Beds
  • 2 Baths
  • 1,998 Sq Ft

  3955 Delmont Dr, Indianapolis, IN 46235

  Nestled at 3955 Delmont DR, Indianapolis, IN, this single-family residence that offers a unique opportunity to establish roots and create lasting memories. The property presents an exciting canvas for those with a vision to craft their ideal living space. With five bedrooms, this residence offers ample space for personalization and versatile usage to suit a variety of lifestyle needs. The home

  Alicia Whitney Carpenter, REALTORS®

  3955 Delmont Dr, Indianapolis, IN 46235
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  /21

  $164,900

  • 3 Beds
  • 1 Bath
  • 920 Sq Ft

  5209 N Kercheval Dr, Indianapolis, IN 46226

  Close to Schools, parks and Interstate travel. Easy Access to Interstate and quick trip to Shopping and Schools. Discover the inviting home awaiting you at 5209 N Kercheval DR, INDIANAPOLIS, IN. This single-family residence in Marion County is ready to move in and offers a wonderful opportunity to create lasting memories. The kitchen provides a welcoming space to create meals and memories,

  Priscilla Russell Hall & Russell Real Estate Group

  5209 N Kercheval Dr, Indianapolis, IN 46226
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  /26

  $189,000

  • 4 Beds
  • 2 Baths
  • 1,514 Sq Ft

  6134 Marilyn Rd, Indianapolis, IN 46226

  Welcome to 6134 Marilyn Road, a Cape Cod charmer where classic style meets modern convenience. With four bedrooms and two full bathrooms-two on the main level and two upstairs-this home offers flexibility for any stage of life. The great room sets the tone with a striking stone, wood-burning fireplace, the perfect centerpiece for cozy nights. Brand-new flooring on the main level adds a fresh,

  Lisa Treadwell Indy Real Estate Experts

  6134 Marilyn Rd, Indianapolis, IN 46226
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  /15

  $174,000

  • 5 Beds
  • 1 Bath
  • 1,728 Sq Ft

  8517 E 42nd St, Indianapolis, IN 46226

  Spacious move in ready 2 story home with 5 bedrooms, 1 bath. Newer vinyl and laminate flooring in great room, kitchen, entryways and 2 large bedrooms downstairs. Good sized kitchen with Gas stove, Refrigerator and Dishwasher.

  Pam Craney The Madsen Group, LLC

  8517 E 42nd St, Indianapolis, IN 46226
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  /10

  $119,900

  • 3 Beds
  • 1 Bath
  • 1,402 Sq Ft

  3644 N Priscilla Ct, Indianapolis, IN 46218

  Discover the potential within 3644 N Priscilla CT, INDIANAPOLIS, IN. This single-family residence offers a unique opportunity for investors and handy homeowners alike. With 1402 square feet of living area, this residence offers a comfortable layout featuring two bedrooms where restful nights and peaceful mornings await. Imagine waking up in your personal haven, ready to embrace the day. The

  Richard Graham JMG Indiana

  3644 N Priscilla Ct, Indianapolis, IN 46218
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  /25

  $135,000

  • 2 Beds
  • 1 Bath
  • 744 Sq Ft

  1735 E Legrande Ave, Indianapolis, IN 46203

  Discover the potential in this charming 2-bedroom home located in the heart of Indianapolis. Featuring a spacious layout ready for your personal touches, this property offers the perfect opportunity for both investors and homebuyers alike. One of the true highlights is the large, custom-built detached garage, ideal for a workshop, extra storage, or hobby space. Conveniently located near major

  Angela Casey Trueblood Real Estate

  1735 E Legrande Ave, Indianapolis, IN 46203
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  /41

  $113,500

  • 3 Beds
  • 2 Baths
  • 1,248 Sq Ft

  7919 Benjamin Dr, Indianapolis, IN 46226

  Waiting for the interest rates to go down? You don't have to wait! This owner-occupied fixer-upper in the heart of Franklin Trails Estates, has an FHA assumable mortgage with a rate of 3.25%. At list price, 3.25% vs 6.5% is a savings of about $225/mo on principal & interest payment! The website WithRoam.com is a site that works with buyers to help purchase through the assumption process. This

  Mitzi Myers S & W Real Estate LLC

  7919 Benjamin Dr, Indianapolis, IN 46226
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  /52

  $189,000

  • 3 Beds
  • 1 Bath
  • 1,150 Sq Ft

  1541 Walker Ave, Indianapolis, IN 46203

  This well-maintained solid bungalow with an enclosed front porch and detached garage is ready for new owners! This lovely home offers a variety of uses for the space, including two bedrooms downstairs and a bonus room upstairs for a third bedroom, office, or "cave"! All new appliances have been delivered, the casework and fixtures have been updated, and the home still has its lovely original

  Lori Lawrence The Modglin Group

  1541 Walker Ave, Indianapolis, IN 46203
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  /13

  $169,000

  • 2 Beds
  • 1 Bath
  • 672 Sq Ft

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

  Welcome to this charming brick bungalow, ideally located along the Pleasant Run Trail and just minutes from Fountain Square and Garfield Park. A welcoming covered front porch leads you into a thoughtfully maintained home featuring hardwood floors and a graceful archway that connects the living room to the kitchen. The kitchen is equipped with neutral flooring, crisp white cabinetry, and a cozy

  Andrea Currie Crossroads Real Estate Group LLC

  1237 E Pleasant Run Parkway Dr S, Indianapolis, IN 46203
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  /17

  $199,900

  • 3 Beds
  • 2 Baths
  • 1,520 Sq Ft

  11521 Coastal Dr, Indianapolis, IN 46229

  Are you looking for a wonderful single story condo that has 3 spacious bedrooms, 2 full bathrooms, and sits in a nice, peaceful neighborhood with sidewalks? Would you like to also have a four season sunroom that overlooks a wooded back yard and includes a deck for relaxing or entertaining? If so, look no further. You have found it!! In addition, you also get the peace of mind knowing that

  Mahlon Butler United Real Estate Indpls

  11521 Coastal Dr, Indianapolis, IN 46229
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  /35

  $150,000

  • 2 Beds
  • 1 Bath
  • 1,068 Sq Ft

  2738 S Mcclure St, Indianapolis, IN 46241

  Welcome to this delightful 2-bedroom, 1-bath home offering classic charm and flexible living space. Step onto the covered front porch, perfect for relaxing mornings or evening gatherings, and enter into a cozy living room. A formal dining room sits just off the kitchen, ideal for hosting, while a breakfast nook offers a casual spot for everyday meals. The primary bedroom features a convenient

  Ashley Wright F.C. Tucker Company

  2738 S Mcclure St, Indianapolis, IN 46241
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  /19

  $199,900

  • 3 Beds
  • 1.5 Baths
  • 1,250 Sq Ft

  115 N Mitchner Ave, Indianapolis, IN 46219

  Step into this beautifully updated brick ranch nestled in Warren Township, offering comfort, space, and convenience. This charming home features three generously sized bedrooms and one and a half baths, ideal for both relaxation and functionality. The spacious dining room flows seamlessly into a well-appointed kitchen, perfect for entertaining or everyday living. Enjoy the added bonus of a

  Christopher Wynkoop Wynkoop Brokerage Firm, LLC

  115 N Mitchner Ave, Indianapolis, IN 46219
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  /29

  $180,000

  • 3 Beds
  • 2 Baths
  • 1,253 Sq Ft

  1023 E Edwards Ave, Indianapolis, IN 46227

  Welcome to this charming ranch-style home in the University Heights and Rosedale Hills area. With 3 bedrooms, 2 full baths, and over 1,250 sq ft of living space, this home offers the comfort and layout you've been looking for. The large living room and spacious kitchen provide plenty of room to relax and entertain. Built in 1922, this home blends classic character with everyday functionality.

  Terry Young Red Bridge Real Estate

  1023 E Edwards Ave, Indianapolis, IN 46227
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  /13

  $165,000

  • 3 Beds
  • 2 Baths
  • 1,092 Sq Ft

  2309 N Dearborn St, Indianapolis, IN 46218

  Attention investors! 3-Bed, 2-Bath Rental Near Downtown Indianapolis. This updated 3-bedroom, 2-bathroom rental property is a fantastic addition to your portfolio, offering tenants already in place and steady rental income from day one. Located just minutes from downtown Indianapolis, this home provides easy access to I-70, public transportation, and all the amenities of city living. Recent

  Allyson Brooks Mark Dietel Realty, LLC

  2309 N Dearborn St, Indianapolis, IN 46218
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  /28

  $159,900

  • 3 Beds
  • 1 Bath
  • 1,250 Sq Ft

  4312 N Pasadena, Indianapolis, IN 46226

  Welcome to this inviting 3-bedroom, 1-bath home in a peaceful Indianapolis neighborhood. Step inside to discover a light-filled living area that flows effortlessly, creating the perfect setting for both relaxation and gatherings. The kitchen is ready for your creative touch, while each bedroom offers warmth and versatility. Outside, the spacious backyard provides plenty of room to enjoy the

  Isabella Frazier Trelora Realty

  4312 N Pasadena, Indianapolis, IN 46226
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  /6

  $125,000

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

  3601 Luewan Dr, Indianapolis, IN 46235

  Rental property! Tenant pays $875 per month and lease expires 11/30/25 and is then month to month after. Showings with an accepted offer. Buyer will then have a negotiated due diligence period to view property once offer has been accepted - investors only - no regular inspections - you can bring contractors through during your due diligence period. This is a working rental.

  Joe Everhart Everhart Studio, Ltd.

  3601 Luewan Dr, Indianapolis, IN 46235
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  /34

  $199,900

  • 2 Beds
  • 1 Bath
  • 1,482 Sq Ft

  7112 E 10th St, Indianapolis, IN 46219

  Nicely updated all brick home in Warren Twp. Large 2 car attached garage + basement. Recent updates include all new windows throughout home. Brand new kitchen + new appliances. Fresh paint throughout home and new bathroom vanity make this home move-in ready.

  Rusty Scott Ala Carte Realty

  7112 E 10th St, Indianapolis, IN 46219
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  /39

  $185,000

  • 4 Beds
  • 1.5 Baths
  • 1,758 Sq Ft

  3543 N Kenwood Ave, Indianapolis, IN 46208

  Charming 4-bedroom, 1.5-bath home near Meridian Park and Fall Creek with a blend of updates and comfortable living spaces. Recent renovations include new Hardie Board siding, new flooring throughout, and new stainless steel appliances, along with big-ticket improvements to the HVAC, roof, and plumbing. The kitchen offers direct access to an oversized pantry, while the upper level provides four

  Jimmy Ondecko F.C. Tucker Company

  3543 N Kenwood Ave, Indianapolis, IN 46208
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  /21

  $200,000

  • 3 Beds
  • 1 Bath
  • 1,150 Sq Ft

  3742 S Walcott St, Indianapolis, IN 46227

  Location, Location, Location! Welcome to 3742 S Walcott St, a charming 3-bedroom, 1-bathroom ranch-style home with a fenced in backyard, that's all about location, convenience, and community. This 1150 sq ft gem, sits in the heart of University Heights, just minutes from the University of Indianapolis, making it perfect for first-time buyers, investors, or anyone craving a cozy, accessible

  Woodrow Cuevas RE/MAX Advanced Realty

  3742 S Walcott St, Indianapolis, IN 46227
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  /34

  $119,900

  • 2 Beds
  • 1 Bath
  • 1,171 Sq Ft

  741 N Denny St, Indianapolis, IN 46201

  Step inside this classic bungalow in Grace Tuxedo Park and see the charm it has to offer. With 2 bedrooms, 1 full bath, and over 1,000 sq ft, this home is a great opportunity for anyone looking for a comfortable place to call their own. The spacious living areas and functional layout make it easy to picture yourself settling in. Built in 1924, this home features durable aluminum siding and the

  Terry Young Red Bridge Real Estate

  741 N Denny St, Indianapolis, IN 46201
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  /31

  $164,765

  • 2 Beds
  • 2 Baths
  • 1,288 Sq Ft

  2220 E 46th St, Indianapolis, IN 46205

  Investment Opportunity in SoBro! Located on a desirable corner lot with easy access to the Nickel Plate Trail, this property makes an excellent long-term hold. The home offers two bedrooms, a versatile bonus room that can serve as an office or additional living space, and convenient main-level laundry. The spacious primary suite includes a walk-in closet. Main floor has one full bathroom.

  Kenneth Hall eXp Realty, LLC

  2220 E 46th St, Indianapolis, IN 46205
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  /21

  $154,900

  • 4 Beds
  • 1.5 Baths
  • 1,352 Sq Ft

  2943 Hillside Ave, Indianapolis, IN 46218

  Located in proximity to the rapidly developing Monon Yard neighborhood, this efficient 4-bedroom, 2-bath home offers strong investment potential and long-term upside. With estimated rents between $1,300-$1,500 per month depending on updates, it's ideal for investors seeking stable cash flow or buyers needing four bedrooms in a compact, low-maintenance footprint. The functional layout appeals to

  Tyler Lingle @properties

  2943 Hillside Ave, Indianapolis, IN 46218
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  /26

  $179,000

  • 3 Beds
  • 1 Bath
  • 1,166 Sq Ft

  1729 E Epler Ave, Indianapolis, IN 46227

  Welcome to 1729 E Epler! This 3 bedroom, 1 bath charmer sits on a rare half-acre lot. Inside you'll find bright living spaces, a formal dining room, and a roomy kitchen ready for gatherings. Outside, the oversized yard is perfect for gardens, games, or summer barbecues. Conveniently located near schools, shopping, and major roadways. Don't miss your chance to make this gem your new home!

  Andrew Porter @properties

  1729 E Epler Ave, Indianapolis, IN 46227
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  /39

  $168,000

  • 3 Beds
  • 2 Baths
  • 1,681 Sq Ft

  3345 Graceland Ave, Indianapolis, IN 46208

  Welcome to 3345 Graceland AVE, INDIANAPOLIS, IN. This investor special home in Marion County is a blank canvas. The single-family residence includes three bedrooms and two full bathrooms, providing comfortable living spaces. The porch offers a welcoming entry to the home. With 1681 square feet of living area situated on a 5271 square foot lot, this two-story home, built in 1901, offers a blend

  Yanuan Pedraza Vera Compass Indiana, LLC

  3345 Graceland Ave, Indianapolis, IN 46208
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  /12

  $115,000

  • 2 Beds
  • 1 Bath
  • 923 Sq Ft

  4102 E 11th St, Indianapolis, IN 46201

  This is a working rental! Tenant pays $795 per month and lease expires 11/30/25 and is then month to month after. Showings with an accepted offer. Buyer will then have a negotiated due diligence period to view property once offer has been accepted - investors only - no regular inspections - you can bring contractors through during your due diligence period. This is a working rental.

  Joe Everhart Everhart Studio, Ltd.

  4102 E 11th St, Indianapolis, IN 46201
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  /39

  $144,900

  • 2 Beds
  • 2 Baths
  • 1,124 Sq Ft

  239 Legends Creek Way Unit 205, Indianapolis, IN 46229

  Welcome to this beautifully updated 2-bedroom, 2-bath condominium in the desirable Legends Creek community! This move-in ready home offers a blend of modern updates and convenient amenities, making it an excellent choice for comfortable living. Step inside to find all new fresh paint throughout, as well as brand-new LVP flooring and carpet installed in 2024. The spacious kitchen is equipped with

  Sarah Colon eXp Realty LLC

  239 Legends Creek Way Unit 205, Indianapolis, IN 46229
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  /9

  $125,000

  • 4 Beds
  • 2 Baths
  • 1,296 Sq Ft

  2005 N Bancroft St, Indianapolis, IN 46218

  Rental property ready to go! Tenant pays $875 per month and lease expires 11/30/25 and is then month to month after. Showings with an accepted offer. Buyer will then have a negotiated due diligence period to view property once offer has been accepted - investors only - no regular inspections - you can bring contractors through during your due diligence period.

  Joe Everhart Everhart Studio, Ltd.

  2005 N Bancroft St, Indianapolis, IN 46218
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  /29

  $133,000

  • 2 Beds
  • 2 Baths
  • 1,585 Sq Ft

  6510 Stony Ridge Way Unit C, Indianapolis, IN 46260

  Newly renovated unit at the convenient Park Hoover condominium complex, nestled in the heart of Washington Township. Steps away from Holliday Park, The Orchard School, and the JCC. 10 min drive from Costco, Target, Kroger, Walmart, Trader Joe's, and many restaurant options. Spacious 2 bedroom/2 bathroom with modern finishes and a scenic second story view. Brand new deck installed in the last

  Jenna Hellekson @properties

  6510 Stony Ridge Way Unit C, Indianapolis, IN 46260
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  /30

  $115,000

  • 2 Beds
  • 1 Bath
  • 792 Sq Ft

  734 N Arnolda Ave, Indianapolis, IN 46222

  Welcome home to this recently updated gem on Indy's Westside! This 2-bedroom, 1-bath home has the big-ticket updates already done for you-brand-new windows, a new furnace, fresh flooring throughout, plus a newer roof and gutters. All that's left to do is move in and make it yours. Perfect for first-time buyers or investors adding to their rental portfolio, this property is a great find at a

  Lindsey Stewart Ferris Property Group

  734 N Arnolda Ave, Indianapolis, IN 46222
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  /42

  $179,900

  • 2 Beds
  • 1 Bath
  • 1,231 Sq Ft

  11155 E 10th St, Indianapolis, IN 46229

  Move-in ready, beautifully updated, single family home in Cumberland! Enjoy this spacious corner lot in the quiet neighborhood of Galecrest with shopping and dining within 5 min. Inside, enjoy the charm of refinished hardwood floors and arched doorways with the conveniences of a fully renovated kitchen - new vinyl plank flooring, cabinets, countertops & stainless-steel appliances. Beyond the 2

  Joseph Wootan Listwithfreedom.com

  11155 E 10th St, Indianapolis, IN 46229
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  /15

  $105,000

  • 2 Beds
  • 1 Bath
  • 672 Sq Ft

  1754 Asbury St, Indianapolis, IN 46203

  Rental property for sale! Tenant pays $950 per month and lease expires 11/30/25 and is then month to month after. Property includes second parcel at 1758 Asbury - legal for both is Factory Pl L13 and Factory Place L14. Showings with an accepted offer. Buyer will then have a negotiated due diligence period to view property once offer has been accepted - investors only - no regular inspections -

  Joe Everhart Everhart Studio, Ltd.

  1754 Asbury St, Indianapolis, IN 46203
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  /37

  $172,000

  • 2 Beds
  • 2 Baths
  • 1,405 Sq Ft

  6230 Amberley Dr Unit U104, Indianapolis, IN 46237

  Welcome to 6230 Amberley Dr. Unit #104 - Comfort, Convenience & Style on the First Floor! Step into this beautifully maintained 2-bedroom, 2-bath, 1-car garage, condo that effortlessly combines functionality with charm. Located on the desirable first floor, this spacious home offers the perfect blend of everyday comfort and modern touches. The kitchen is a standout feature - complete with two

  Aimee Yanis BluPrint Real Estate Group

  6230 Amberley Dr Unit U104, Indianapolis, IN 46237
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  /47

  $199,900

  • 2 Beds
  • 1.5 Baths
  • 1,528 Sq Ft

  5838 Beacon Cove Way, Indianapolis, IN 46237

  Low maintenance living at its finest! You'll fall in LOVE with this completely reimagined condo with a location that's hard to beat! The interior has the most incredible vaulted ceilings with a fireplace as the focal point and TONS of natural light! Being an end unit, you have the most light and the best privacy in the neighborhood! An open concept living-dining-kitchen area is great for

  Kristen Yazel CENTURY 21 Scheetz

  5838 Beacon Cove Way, Indianapolis, IN 46237
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  /37

  $155,000

  • 2 Beds
  • 2 Baths
  • 1,124 Sq Ft

  6519 Jade Stream Ct Unit 104, Indianapolis, IN 46237

  Welcome to this ground level condo with two bedrooms and two full bathrooms. Step through the foyer into an open layout with a large kitchen showcasing a breakfast bar and dining room. Enjoy the covered patio off the living room. Split floor plan offers convenience and privacy. Both bedrooms have ceiling fans and walk in closets. Recent updates include newer HVAC, water heater, windows and luxury

  Chris Price Keller Williams Indy Metro S

  6519 Jade Stream Ct Unit 104, Indianapolis, IN 46237

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