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Indianapolis, IN Homes for Sale under $400,000

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  • /30

    $300,995 New Construction

    • 4 Beds
    • 2.5 Baths
    • 2,169 Sq Ft

    Victoria Plan at Clifton Trace, Indianapolis, IN 46235

    This new two-story home is optimized for gracious living. Upon entry is a study perfect for remote work, while a convenient open-plan layout connecting the kitchen, dining room and Great Room completes the first floor. The second floor caters to a versatile loft for shared living space, three secondary bedrooms and a serene owner’s suite with an attached bathroom.

    Lennar Builder
    11631 Cotterill Way Unit 36041295, Indianapolis, IN 46235
  • /18

    $342,990 New Construction

    • 3 Beds
    • 2.5 Baths
    • 2,293+ Sq Ft

    Spring Valley Plan at Belmont, Indianapolis, IN 46237

    Welcome home to the Spring Valley at Belmont! Part of our Smart Series, this stunning two-story floorplan features four different elevations to choose from and extensive upgrades to create a home that's well-suited for you.

    M/I Homes Builder
    5107 Triple Crown Way Unit 36475209, Indianapolis, IN 46237
  • /42

    $335,000

    • 3 Beds
    • 2.5 Baths
    • 2,432 Sq Ft

    702 Griffin Rd, Indianapolis, IN 46227

    This inviting two-story home is situated on a large, beautifully wooded lot, offering both privacy and charm. Upon entering, you're welcomed by hardwood floors that extend throughout most of the home, creating warmth and continuity. The oversized family room on the main level provides ample space for entertaining or relaxing, complete with a cozy fireplace-perfect for chilly winter evenings. The

    Matthew Mielke Envoy Real Estate, LLC

    702 Griffin Rd, Indianapolis, IN 46227
  • 7311 Waylon Way Unit 36450335, Indianapolis, IN 46239

    $327,990 New Construction

    • 4 Beds
    • 2.5 Baths
    • 2,388+ Sq Ft

    Peyton Plan at Grayson, Indianapolis, IN 46239

    Welcome to the Peyton floorplan—a 2-story home featuring 4 bedrooms, 2.5 bathrooms, and 2,388–2,508 square feet of living space!

    M/I Homes Builder
    7311 Waylon Way Unit 36450335, Indianapolis, IN 46239
  • /41

    $369,990 New Construction

    • 4 Beds
    • 2.5 Baths
    • 2,802 Sq Ft

    3919 Quinn Rd, Indianapolis, IN 46239

    Discover this stunning new construction home at 3919 Quinn Road in Franklin Township, built by M/I Homes. This thoughtfully designed 4-bedroom, 2.5-bathroom home offers 2,802 square feet of comfortable living space with an open-concept design perfect for daily life and entertaining. Key Features: Flex room Open-concept living space Electric fireplace Walk-in kitchen pantry Loft The home's

    M/I Homes Builder
    3919 Quinn Rd, Indianapolis, IN 46239
  • /62

    $301,995 New Construction

    • 4 Beds
    • 2.5 Baths
    • 2,580 Sq Ft

    Palmetto Plan at Augusta Heights, Indianapolis, IN 46268

    The Palmetto is one of Arbor Homes newest and most flexible floorplans offering everything you could want in a new construction home. With multiple elevation styles, optional basements, and the choice of a full front porch or breezeway, The Palmetto can easily be tailored to your lifestyle.Step inside to a spacious front living area that can serve as a formal dining room or quiet office with

    Arbor Homes Builder
    0 Garnet Ave Unit 36462235, Indianapolis, IN 46268
  • /13

    $349,900 New Construction

    • 2 Beds
    • 2.5 Baths
    • 1,300 Sq Ft

    2143 Coretta Way, Indianapolis, IN 46202

    This unit is ready for immediate move-in! The Tannin with Terrace floor plan features two bedrooms, two full and one half baths, and an office for the perfect living combination. A one-car attached garage and office with a closet is located on the first floor, ideal for guests or an in-law suite. The second level features an open layout in which the kitchen and island opens up to dining and

    Onyx+East Builder
    2143 Coretta Way, Indianapolis, IN 46202
  • /59

    $395,000

    • 4 Beds
    • 2.5 Baths
    • 2,286 Sq Ft

    651 Eugene St, Indianapolis, IN 46208

    Step inside this nearly new Four Square home, rebuilt from the studs up with thoughtful design and modern style! Every inch has been updated-inside and out-creating a home that feels brand new while preserving classic character. The bright, open floor plan is filled with natural light and neutral finishes, featuring luxury vinyl plank flooring throughout the main level and a designer kitchen with

    Erica Shupert Redfin Corporation

    651 Eugene St, Indianapolis, IN 46208
  • /30

    $328,990 New Construction

    • 4 Beds
    • 2.5 Baths
    • 2,128 Sq Ft

    3938 Teakmill Trail, Indianapolis, IN 46239

    Discover this stunning new construction home at 3938 Teakmill Trail in Indianapolis / Franklin Township, built by M/I Homes. This thoughtfully designed 4-bedroom, 2.5-bathroom home offers 2,128 square feet of comfortable living space with the owner's bedroom conveniently located upstairs. Key Features: Flex room Open-concept living space Owner's en-suite bathroom The home's floorplan maximizes

    M/I Homes Builder
    3938 Teakmill Trail, Indianapolis, IN 46239
  • /11

    $320,990 New Construction

    • 4 Beds
    • 2.5 Baths
    • 2,262+ Sq Ft

    Aubrey Plan at Grayson, Indianapolis, IN 46239

    Explore the stunning new Aubrey floorplan, offering 4 bedrooms, 2.5 bathrooms, and 2,262–2,379 square feet of thoughtfully designed living space!

    M/I Homes Builder
    7311 Waylon Way Unit 36500377, Indianapolis, IN 46239
  • /10

    $312,990 New Construction

    • 3 Beds
    • 2.5 Baths
    • 1,957 Sq Ft

    Sawyer Plan at Grayson, Indianapolis, IN 46239

    Looking for a new home in Indianapolis Metro? The Sawyer plan might be your perfect match! This home offers 3 bedrooms, 2.5 bathrooms, and 1,957–2,063 square feet of living space.

    M/I Homes Builder
    7311 Waylon Way Unit 36147861, Indianapolis, IN 46239
  • /46

    $399,900

    • 3 Beds
    • 3.5 Baths
    • 2,100 Sq Ft

    1038 Saint Peter St, Indianapolis, IN 46203

    Step into a refined luxury residence designed for elevated living and modern sophistication, set within a rapidly transforming area surrounded by upscale developments and revitalization. This stunning home showcases a thoughtfully curated open-concept floor plan paired with premium, high-end finishes throughout. The designer kitchen serves as the centerpiece of the home, featuring an expansive

    Jim Gilday eXp Realty, LLC

    1038 Saint Peter St, Indianapolis, IN 46203
  • /59

    $379,000

    • 5 Beds
    • 2.5 Baths
    • 2,840 Sq Ft

    533 Schmitt Rd, Indianapolis, IN 46239

    HOME SWEET HOME, a beautifully designed Colonial-inspired retreat that perfectly blends timeless elegance with today's lifestyle upgrades! With 5 spacious bedrooms and 2.5 sparkling bathrooms, there's room for everyone (and then some!). From the moment you pull up, this home radiates warmth and charm. Inside, discover inviting living spaces ideal for both cozy nights in and lively gatherings. The

    Erin Garvey The Cooper Real Estate Group

    533 Schmitt Rd, Indianapolis, IN 46239
  • 5502 Aspen Wood Ln, Indianapolis, IN 46239

    $334,990 New Construction

    • 3 Beds
    • 2 Baths
    • 1,716 Sq Ft

    5502 Aspen Wood Ln, Indianapolis, IN 46239

    Discover this stunning new construction ranch villa home at 5502 Aspen Wood Lane in Indianapolis, built by M/I Homes. This thoughtfully designed 1,716 square foot home offers exceptional quality and comfortable living spaces. Key Features: 3 bedrooms, 2 full bathrooms Owner's en-suite bathroom with a dual-sink vanity Open-concept living space Extended veranda The home's floorplan maximizes

    M/I Homes Builder
    5502 Aspen Wood Ln, Indianapolis, IN 46239
  • /36

    $349,990 New Construction

    • 4 Beds
    • 2.5 Baths
    • 2,264 Sq Ft

    3930 Quinn Rd, Indianapolis, IN 46239

    Discover this stunning new construction home at 3930 Quinn Road in Franklin Township, built by M/I Homes. This impressive 4-bedroom, 2.5-bathroom home spans 2,264 square feet of thoughtfully designed living space. Key Features: Flex room Open-concept living space Electric fireplace Loft Owner's en-suite bathroom The home features an open-concept living space that seamlessly connects the main

    M/I Homes Builder
    3930 Quinn Rd, Indianapolis, IN 46239
  • /16

    $359,990 New Construction

    • 3 Beds
    • 2 Baths
    • 2,191+ Sq Ft

    Cheswicke II Plan at Sagebrook West - Prestige Series, Indianapolis, IN 46239

    Welcome to the Cheswicke II! This ranch-style home gives you the amenities needed for today’s lifestyle as well as the options to truly make it your own. Throughout, you will find a two-car garage, an open-concept kitchen, a dining nook, a gathering room, a dining room, three bedrooms, and two bathrooms.

    M/I Homes Builder
    10715 Mangrove Dr Unit 36459194, Indianapolis, IN 46239
  • /5

    $332,990 New Construction

    • 2 - 3 Beds
    • 2 Baths
    • 1,842+ Sq Ft

    Ashton Plan at Hickory Run, Indianapolis, IN 46239

    Welcome to the Ashton! This impressive, 1- or 2-story floorplan offers a spacious layout with 1,842–3,433 square feet of space depending on how you choose to personalize your new home. Come find out more today!

    M/I Homes Builder
    10103 Bitternut Run Unit 36469831, Indianapolis, IN 46239
  • /21

    $335,990 New Construction

    • 2 - 3 Beds
    • 2 Baths
    • 1,419 Sq Ft

    Beacon Plan at Maple Street Collection in Emerald Preserve, Indianapolis, IN 46239

    The Beacon by Fischer Homes offers a flexible and functional layout designed for modern living. With three bedrooms or the option to convert one into a living room or study, this home provides versatility to suit your needs. The open kitchen and dining area feature an oversized pantry and can be enhanced with options like a bay window or custom window and door configurations. The family room

    Fischer Homes Builder
    5250 Hickory Rd Unit 39100019, Indianapolis, IN 46239
  • /35

    $373,999 New Construction

    • 4 Beds
    • 2.5 Baths
    • 2,446 Sq Ft

    12146 Olivine Ave, Cumberland, IN 46229

    Welcome to The Legacy 2432 at 12146 Olivine Avenue in Rockridge! Beauty and function come together in this stunning design. Step through the covered porch and into a welcoming foyer, where you’ll find a versatile flex room and a convenient powder bath. Continue on to an open-concept great room that flows effortlessly into a modern kitchen with a spacious island and a cozy breakfast area creating

    Taylor Morrison Builder
    12146 Olivine Ave, Cumberland, IN 46229
  • /7

    $339,900 New Construction

    • 2 Beds
    • 2.5 Baths
    • 1,369 Sq Ft

    1315 Colere Place, Indianapolis, IN 46203

    Nestled in Colere in Fountain Square this townhouse offers a fresh take on modern living. Brand new construction, this property presents a rare opportunity to embrace contemporary design in a desirable location. With open living spaces, this townhouse provides a comfortable and functional layout. The two bedrooms offer private retreats, each designed to maximize space and light. This 3-story

    Denise Potter Onyx and East, LLC

    1315 Colere Place, Indianapolis, IN 46203
  • /31

    $339,995 New Construction

    • 4 Beds
    • 2.5 Baths
    • 2,011 Sq Ft

    Broadmoor Plan at Eagle Manor, Indianapolis, IN 46239

    This two-story home leads directly to the open Great Room, kitchen and dining area, arranged in a thoughtful layout great for family gatherings and entertaining friends. The second floor has four bedrooms, including the owner’s suite, and a loft for additional living space.

    Lennar Builder
    5332 S Franklin Rd Unit 38336435, Indianapolis, IN 46239
  • /44

    $344,900

    • 3 Beds
    • 2.5 Baths
    • 1,926 Sq Ft

    515 Orange St, Indianapolis, IN 46203

    If you're looking for modern living in the growing Bates-Hendricks neighborhood, look no further. This home was rebuilt from the studs up and features 3 generously sized bedrooms and 2.5 beautifully appointed baths, including a primary suite on the main level. Near the front of the home is a spacious gourmet kitchen, showcasing elegant quartz countertops and a central island. Just adjacent to

    Joshua Carpenter Trueblood Real Estate

    515 Orange St, Indianapolis, IN 46203
  • /22

    $347,990 New Construction

    • 4 Beds
    • 2.5 Baths
    • 2,128 Sq Ft

    3923 Quinn Rd, Indianapolis, IN 46239

    Discover this stunning new construction home at 3923 Quinn Road in Franklin Township, built by M/I Homes. This thoughtfully designed 4-bedroom, 2.5-bathroom home offers 2,128 square feet of comfortable living space with an open-concept layout perfect for both daily living and entertaining. Key Features: 2.5-car garage Flex room with a walk-in closet Open-concept living space Walk-in closets in

    M/I Homes Builder
    3923 Quinn Rd, Indianapolis, IN 46239
  • /16

    $337,990 New Construction

    • 3 Beds
    • 2.5 Baths
    • 2,169+ Sq Ft

    Hickory Plan at Belmont, Indianapolis, IN 46237

    Welcome to the Hickory located at our Belmont community in Franklin Township. This lovely two-story home features three bedrooms, two-and-a-half bathrooms, a two-car garage, a gathering room, a dining nook, a kitchen, and a loft. More upgrade options are available to help meet the needs of your family.

    M/I Homes Builder
    5107 Triple Crown Way Unit 36495845, Indianapolis, IN 46237
  • /30

    $352,990 New Construction

    • 3 Beds
    • 2.5 Baths
    • 2,293 Sq Ft

    5102 Triple Crown Way, Indianapolis, IN 46237

    Discover this stunning new construction home at 5102 Triple Crown Way in Indianapolis, built by M/I Homes. This thoughtfully designed 2,293 square foot home offers exceptional value in a desirable neighborhood setting. Key Features: 3 bedrooms, 2.5 bathrooms Open-concept living space with an electric fireplace Loft Walk-in closets in each bedrooms Owner's en-suite bathroom The home's open-concept

    M/I Homes Builder
    5102 Triple Crown Way, Indianapolis, IN 46237
  • /33

    $316,995 New Construction

    • 5 Beds
    • 2.5 Baths
    • 3,198 Sq Ft

    Empress Plan at Augusta Heights, Indianapolis, IN 46268

    Picture yourself in the spacious and flexible Empress floorplan a 3,200 sq. ft. home with five bedrooms, multiple living areas, and endless options to make it your own. Designed for those who love to entertain, The Empress offers both elegance and everyday comfort.Step inside to a welcoming living room that can double as a home office or sitting area. A powder room and formal dining room make

    Arbor Homes Builder
    0 Garnet Ave Unit 36469537, Indianapolis, IN 46268
  • /54

    $347,995 New Construction

    • 4 Beds
    • 2.5 Baths
    • 2,606 Sq Ft

    Arthur Plan at Edgebrook Preserve, Indianapolis, IN 46239

    Starting at 2,600 square feet, The Arthur is built to please! This Silverthorne Homes floorplan is an excellent option for anyone looking to have a place to retreat to after an evening of fun with friends or family. This four bedroom and two-and-a-half bathroom floorplan with options to add an in-law suite and fifth bedroom is made to easily grow with you if needed.Choose from one of the many

    Silverthorne Homes Builder
    6014 Sand Mill Dr Unit 36905535, Indianapolis, IN 46239
  • /14

    $362,990 New Construction

    • 4 - 6 Beds
    • 2 - 3.5 Baths
    • 2,714+ Sq Ft

    Foster Plan at Hickory Run, Indianapolis, IN 46239

    From the bright and open main floor to the spacious loft upstairs, there’s so much to love about the Foster floorplan available to build in Indianapolis Metro! Discover all the details today.

    M/I Homes Builder
    10103 Bitternut Run Unit 36489778, Indianapolis, IN 46239
  • /34

    $360,995 New Construction

    • 5 Beds
    • 3 Baths
    • 2,460 Sq Ft

    Ironwood Plan at Eagle Manor, Indianapolis, IN 46239

    The first level of this two-story home is host to the Great Room, kitchen and breakfast nook, which conveniently share an open floorplan to promote simplified living. In a private corner is a versatile bedroom well-suited as a designated guest room. A bonus room and the remaining four bedrooms occupy the second floor, including the serene owner’s suite with an attached bathroom and walk-in closet.

    Lennar Builder
    5332 S Franklin Rd Unit 38336440, Indianapolis, IN 46239
  • /20

    $367,990 New Construction

    • 3 Beds
    • 2 Baths
    • 1,842 Sq Ft

    10151 Redwood Peak Ln, Indianapolis, IN 46259

    Discover this beautiful new construction ranch-style home at 10151 Redwood Peak Lane in Indianapolis. Built by M/I Homes, this 1,842 square foot home offers thoughtful design and quality craftsmanship throughout. Home Features: 2.5-car garage 3 bedrooms 2 full bathrooms Open-concept living space Spacious kitchen island Electric fireplace This well-designed home showcases an appealing open-concept

    M/I Homes Builder
    10151 Redwood Peak Ln, Indianapolis, IN 46259
  • /24

    $384,990 New Construction

    • 4 Beds
    • 2.5 Baths
    • 2,489 Sq Ft

    10161 Bitternut Run Ln, Indianapolis, IN 46259

    Located at 10161 Bitternut Run Lane in Indianapolis, this new construction home built by M/I Homes offers 2,483 square feet of thoughtfully designed living space. Home Features: 4 bedrooms including an owner's suite 2.5 bathrooms First-floor flex room Open-concept living space perfect for entertaining and everyday living New construction with modern finishes and quality craftsmanship This

    M/I Homes Builder
    10161 Bitternut Run Ln, Indianapolis, IN 46259
  • /26

    $351,390 New Construction

    • 4 Beds
    • 2.5 Baths
    • 2,111 Sq Ft

    8444 Grand Appaloosa Way, Indianapolis, IN 46235

    This two-story home leads directly to the open Great Room, kitchen and dining area, arranged in a thoughtful layout great for family gatherings and entertaining friends. The second floor has four bedrooms, including the owner’s suite, and a loft for additional living space.

    Lennar Builder
    8444 Grand Appaloosa Way, Indianapolis, IN 46235
  • /8

    $326,990 New Construction

    • 3 Beds
    • 2 Baths
    • 1,816 Sq Ft

    Hoover Plan at Crossroads at Southport, Indianapolis, IN 46259

    The single-story Hoover plan features an open-concept kitchen and great room, creating the perfect layout for spending time together. A spacious island offers casual dining space, while the dedicated dining area is ideal for serving meals and hosting gatherings with ease.

    Beazer Homes Builder
    8721 Leatherwood Ct Unit 39031715, Indianapolis, IN 46259
  • /62

    $308,995 New Construction

    • 4 Beds
    • 2.5 Baths
    • 2,580 Sq Ft

    Palmetto Plan at Grassy Creek South, Indianapolis, IN 46239

    The Palmetto is one of Arbor Homes newest and most flexible floorplans offering everything you could want in a new construction home. With multiple elevation styles, optional basements, and the choice of a full front porch or breezeway, The Palmetto can easily be tailored to your lifestyle.Step inside to a spacious front living area that can serve as a formal dining room or quiet office with

    Arbor Homes Builder
    10909 Helmcrest Dr Unit 36474641, Indianapolis, IN 46239
  • /30

    $300,000

    • 2 Beds
    • 2 Baths
    • 2,011 Sq Ft

    7804 Rosa Dr, Indianapolis, IN 46237

    Welcome to this spacious, low-maintenance patio home in the desirable LaScala Villas. Explore this home via an interactive 3D home tour, complete with floor plans. This well-maintained 2-bedroom, 2-bathroom home invites you with vaulted ceilings and an open layout of the great room, complete with a gas log fireplace. The adjoining sunroom offers natural light and seamlessly transitions into a

    David Brenton DAVID BRENTON'S TEAM

    7804 Rosa Dr, Indianapolis, IN 46237
  • /31

    $318,000

    • 3 Beds
    • 2 Baths
    • 1,950 Sq Ft

    2838 Carrollton Ave, Indianapolis, IN 46205

    Welcome home to one of Indy's most vibrant neighborhoods! Located just steps from the Monon Trail, you'll love being minutes from The Garage, Mass Ave, and all that Downtown Indy has to offer! Original details including a grand staircase, hardwood floors, built-ins, and tall ceilings that give this home so much character. While the updates give you the modern updated feeling you're looking for.

    Drew Schroeder eXp Realty, LLC

    2838 Carrollton Ave, Indianapolis, IN 46205
  • /17

    $389,900 New Construction

    • 2 Beds
    • 2.5 Baths
    • 1,688 Sq Ft

    2149 N College Ave, Indianapolis, IN 46202

    This unit is ready for immediate move-in! The Truxton floor plan townhome features a first-floor flex space ideal for a den or home office, plus a two-car garage. The second level unfolds into an open-concept living, dining, and chef's kitchen area, highlighted by a large island, powder bathroom, and balcony. The third floor is home to two bedrooms, including the owner's suite with a double-sink

    Onyx+East Builder
    2149 N College Ave, Indianapolis, IN 46202
  • /15

    $376,990 New Construction

    • 4 - 5 Beds
    • 4 Baths
    • 2,957+ Sq Ft

    Fairbanks Plan at Hickory Run, Indianapolis, IN 46239

    An open first-floor layout with tons of space for your family is what makes the new Fairbanks plan so special! Find out this home has to offer.

    M/I Homes Builder
    10103 Bitternut Run Unit 36494855, Indianapolis, IN 46239
  • /32

    $349,900

    • 2 Beds
    • 2 Baths
    • 1,527 Sq Ft

    9334 W Point Place, Indianapolis, IN 46268

    Welcome to 9334 West Point Place! This charming 2-bedroom, 2-bath home offers a bright and open layout with soaring vaulted ceilings that create an airy, spacious feel. Enjoy beautiful scenic views from your windows and patio, the perfect backdrop for peaceful living. With its inviting design and serene setting, this home blends comfort and style in one exceptional package.

    Antwon Culbreath Redfin Corporation

    9334 W Point Place, Indianapolis, IN 46268
  • /15

    $311,990 New Construction

    • 2 Beds
    • 2 - 3 Baths
    • 1,603+ Sq Ft

    Mackey II Plan at Hickory Run, Indianapolis, IN 46239

    Comfort and functionality meet high-quality craftsmanship in this fantastic 1-story floorplan, the Mackey II! Come take a look at all the rooms and home design features.

    M/I Homes Builder
    10103 Bitternut Run Unit 36460529, Indianapolis, IN 46239

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