Indianapolis, IN Homes for Sale under $400,000

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  $355,000

  • 3 Beds
  • 1 Bath
  • 1,433 Sq Ft

  4705 Carrollton Ave, Indianapolis, IN 46205

  Nestled in the heart of South Broad Ripple, this beautifully maintained single-family residence offers the perfect blend of historic character and modern living in one of Indianapolis's most vibrant neighborhoods. Just moments from the iconic Monon Trail; one of the city's most beloved recreational corridors. This home provides immediate access to miles of scenic walking, running, and cycling

  

  Fanisha Spencer

  JMG Indiana

  (317) 961-8179

  4705 Carrollton Ave, Indianapolis, IN 46205
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  $310,000

  • 4 Beds
  • 3.5 Baths
  • 3,747 Sq Ft

  3237 N Arsenal Ave, Indianapolis, IN 46218

  Welcome to your new home in the heart of Indianapolis! This place has been lovingly updated over the last few years so you can move right in without worrying about the big stuff. Think brand-new plumbing upstairs (still under warranty), a new garage roof, fresh flooring throughout, and even a kitchen ceiling makeover-it's all been taken care of. Inside, you'll find stylish Lifeproof LVP flooring

  

  Summer Hudson

  eXp Realty, LLC

  (317) 961-6845

  3237 N Arsenal Ave, Indianapolis, IN 46218
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  $360,000

  • 4 Beds
  • 2.5 Baths
  • 2,028 Sq Ft

  7913 Meadow Bend Ln, Indianapolis, IN 46259

  Welcome to this fantastic 4 bed/2.5 bath/3 car garage home in a great Franklin Township neighborhood! It's located on a street near 2 quiet cul-de-sacs. The master suite has a vaulted ceiling, huge walk in closet, separate tub/shower and double sinks. The HVAC system was replaced in 2020. The roof and chain link fence were installed 2023 and new garage door openers were installed in 2025. The 3

  

  Kenneth Yoder

  Hoosier, REALTORS®

  (317) 648-2319

  7913 Meadow Bend Ln, Indianapolis, IN 46259
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  $339,000

  • 3 Beds
  • 3 Baths
  • 2,920 Sq Ft

  6908 Mendenhall Rd, Indianapolis, IN 46221

  Step into timeless character with this spacious home in Decatur Township. Boasting 3 bedrooms, 1 full bath, and 2 half baths, this home blends historic architecture with modern living. Inside, you'll find two staircases, a generous family room with a fireplace, built-in cabinets, and walls of windows that flood the space with natural light. The family room opens to a large wooden deck and private

  

  Erin Scott

  F.C. Tucker Company

  (317) 785-1301

  6908 Mendenhall Rd, Indianapolis, IN 46221
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  $330,000

  • 4 Beds
  • 2 Baths
  • 2,805 Sq Ft

  242 N Arsenal Ave, Indianapolis, IN 46201

  Located at 242 N Arsenal Ave, this historic Holy Cross residence is full of character and charm, waiting for its next owner to make interior updates and cosmetic repairs. Lovingly maintained this home offers endless potential for your personal updates and vision. The exterior has been thoughtfully restored within the past year, with fresh paint, extensive wood replacement, and fully restored

  

  Jess Martin

  Maywright Property Co.

  (317) 934-6023

  242 N Arsenal Ave, Indianapolis, IN 46201
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  $379,999

  • 1 Bed
  • 1 Bath
  • 940 Sq Ft

  877 N East St Unit 201A, Indianapolis, IN 46202

  Experience luxurious, modern living in this beautifully designed 1 bed, 1bath condo located in highly sought-after Chatham Park. This stunning home features wide-plank oak flooring, custom walnut cabinetry, quartz countertops, and elegant marbled tile throughout. Enjoy the convenience of a built-in home office or soak up the sun while working from the oversized private patio. A flexible entryway

  

  Kristen Cambridge

  @properties

  (317) 526-5315

  877 N East St Unit 201A, Indianapolis, IN 46202
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  /19

  $330,000

  • 4 Beds
  • 2.5 Baths
  • 2,372 Sq Ft

  5886 Brookstone Dr, Indianapolis, IN 46234

  Don't miss the opportunity to own this wonderful 4 bedroom 2.5 bath home in Brownsburg's Williamsburg Villages. Enjoy an updated kitchen and dining area overlooking a large backyard. There are two separate living spaces greeting guest as they walk into this 2-story home providing a lot of entertaining areas or large family get-to-gethers. Upstairs is a loft area surrounded by 4 bedrooms. The

  

  Matt Steward

  F.C. Tucker Company

  (317) 754-8911

  5886 Brookstone Dr, Indianapolis, IN 46234
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  $319,900

  • 5 Beds
  • 2.5 Baths
  • 1,224 Sq Ft

  1117 Byland Dr, Beech Grove, IN 46107

  ALL INSPECTION ITEMS COMPLETE! BUYERS COULD NOT PERFORM! Tucked away at 1117 Byland DR, BEECH GROVE, IN, all nestled comfortably in, looking absolutely fabulous, this single-family residence is not just a house; it's a total treasure ready to be called home, OR to continue the current operations of this TURNKEY PERFORMING airbnb which is currently operating as TWO UNITS under ONE roof to add to

  

  Nathaniel Cromlich

  CENTURY 21 Scheetz

  (317) 666-9209

  1117 Byland Dr, Beech Grove, IN 46107
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  $349,990 New Construction

  • 3 - 4 Beds
  • 2.5 Baths
  • 2,395+ Sq Ft

  Jefferson Plan, Indianapolis, IN 46259

  The Jefferson is a two-story, single-family home that offers a spacious study, beautiful loft, and an optional 4th bedroom. The large walk-in closet in the primary bedroom is perfect for all your storage needs and the open floorplan ensures that there is plenty of room to entertain.

  

  Beazer Homes

  Builder

  8721 Leatherwood Ct Unit 36848605, Indianapolis, IN 46259
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  $385,000 New Construction

  • 3 Beds
  • 2.5 Baths
  • 1,680 Sq Ft

  430 N Keystone Ave, Indianapolis, IN 46201

  Breathtaking newly completed home by the one and only, Tikal Homes; with over 20 years of home building experience, their quality is second to none. Light filled open layout welcomes you home from the living room to the dining room to the expansive kitchen, which sparkles with the white quartz countertops and dazzling blue backsplash. New stainless steel appliances still to be installed and

  

  Derrick Bailey II

  AMR Real Estate LLC

  (317) 548-6810

  430 N Keystone Ave, Indianapolis, IN 46201
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  /4

  $397,990 New Construction

  • 3 Beds
  • 2.5 Baths
  • 2,396 Sq Ft

  7338 Deerberg Dr, Indianapolis, IN 46259

  This quick move-in home is already under construction and will be available in December. This quick move-in Jefferson plan is located on an east-facing homesite and features a warm gas fireplace in the great room. Work from home in the downstairs study and make new memories in the upstairs loft that invites fun-filled game nights.

  

  Beazer Homes

  Builder

  7338 Deerberg Dr, Indianapolis, IN 46259
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  $329,000 New Construction

  • 2 Beds
  • 2.5 Baths
  • 1,920 Sq Ft

  315 Steeples Blvd, Indianapolis, IN 46222

  Welcome to 315 Steeples at Bolton Square - a stylish, tech-forward three-story townhome just minutes from downtown Indianapolis and steps from six acres of green space at The Grove and the Central Green sports fields. This meticulously updated home blends modern finishes, thoughtful layout, and extensive smart-home upgrades-ideal for medical professionals seeking quick downtown access, families

  

  Chad Everts

  E-Rocks Real Estate

  (317) 707-9236

  315 Steeples Blvd, Indianapolis, IN 46222
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  $356,990 New Construction

  • 4 Beds
  • 3 Baths
  • 2,539 Sq Ft

  Lincoln Plan, Indianapolis, IN 46259

  The Lincoln is a two-story, single-family home with the primary and a secondary bedroom on the first floor. Enjoy meals with the family in this open-concept plan where the kitchen is both the literal and figurative center of the home. Dedicated garage storage adds to this home's appeal.

  

  Beazer Homes

  Builder

  8721 Leatherwood Ct Unit 36848615, Indianapolis, IN 46259
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  $314,995 New Construction

  • 4 Beds
  • 2.5 Baths
  • 2,961 Sq Ft

  Norway Plan at Augusta Heights, Indianapolis, IN 46268

  One of our newest floor plans and has quickly become one of our most popular. The open kitchen facing the large Great Room separated by a long bar-top is perfect for everything from late night entertaining to homework sessions, just one example of the flexibility of this floor plan. The den can also become a first floor 5th bedroom. The upstairs includes a loft, laundry room and a total of 4

  Arbor Homes Builder

  0 Garnet Ave Unit 36460255, Indianapolis, IN 46268
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  $379,990 New Construction

  • 3 Beds
  • 2.5 Baths
  • 1,755+ Sq Ft

  Valhalla Plan at CityPointe, Indianapolis, IN 46240

  The Valhalla floorplan combines functionality and style into a thoughtfully designed two-story layout with 1,755 to 1,760 square feet of living space. Featuring 2 to 3 bedrooms, 2.5 bathrooms, and a 2-car detached garage, this home is ideal for those seeking both comfort and versatility.

  M/I Homes Builder

  1805 Real St Unit 36455228, Indianapolis, IN 46240
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  $318,995 New Construction

  • 4 Beds
  • 2.5 Baths
  • 2,961 Sq Ft

  Norway Plan at Trails at Grassy Creek, Indianapolis, IN 46229

  One of our newest floor plans and has quickly become one of our most popular. The open kitchen facing the large Great Room separated by a long bar-top is perfect for everything from late night entertaining to homework sessions, just one example of the flexibility of this floor plan. The den can also become a first floor 5th bedroom. The upstairs includes a loft, laundry room and a total of 4

  Arbor Homes Builder

  10018 Falls Canyon Ln Unit 36447754, Indianapolis, IN 46229
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  $349,990 New Construction

  • 3 - 4 Beds
  • 2.5 - 3.5 Baths
  • 2,070+ Sq Ft

  Kentmore Plan at Sagebrook West - Prestige Series, Indianapolis, IN 46239

  Welcome home to the Kentmore, part of our Prestige Series. The standard layout of this home features three bedrooms, two-and-a-half bathrooms, an open-concept kitchen, a gathering room, and a two-car garage.

  M/I Homes Builder

  10715 Mangrove Dr Unit 36448359, Indianapolis, IN 46239
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  $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
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  /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
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  $314,995 New Construction

  • 4 Beds
  • 2.5 Baths
  • 2,813 Sq Ft

  Cooper Plan at Silver Stream, Indianapolis, IN 46235

  The Cooper offers thoughtful design and flexible options to fit every lifestyle. From its spacious foyer and turned staircase to the open-concept first floor, this floorplan is both functional and inviting.Choose from multiple elevations including an optional front porch and enjoy a two-car garage with extra storage or convert that space into a first-floor bedroom and full bath.The open layout

  Arbor Homes Builder

  4631 Jasper Ridge Blvd Unit 36472145, Indianapolis, IN 46235
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  $306,995 New Construction

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

  Palmetto Plan at Silver Stream, Indianapolis, IN 46235

  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

  4631 Jasper Ridge Blvd Unit 36499874, Indianapolis, IN 46235
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  $311,995 New Construction

  • 4 Beds
  • 2.5 Baths
  • 2,813 Sq Ft

  Cooper Plan at Augusta Heights, Indianapolis, IN 46268

  The Cooper offers thoughtful design and flexible options to fit every lifestyle. From its spacious foyer and turned staircase to the open-concept first floor, this floorplan is both functional and inviting.Choose from multiple elevations including an optional front porch and enjoy a two-car garage with extra storage or convert that space into a first-floor bedroom and full bath.The open layout

  Arbor Homes Builder

  0 Garnet Ave Unit 36488546, Indianapolis, IN 46268
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  $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
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  /16

  $394,990 New Construction

  • 3 Beds
  • 2.5 Baths
  • 2,071+ Sq Ft

  Oakmont Plan at CityPointe, Indianapolis, IN 46240

  The Oakmont floorplan is a spacious and versatile two-story home offering 2,071 to 2,080 square feet of well-designed living space. With 2 to 3 bedrooms, 2.5 bathrooms, and a detached 2-car garage, this layout is perfect for modern living and entertaining.

  M/I Homes Builder

  1805 Real St Unit 36473182, Indianapolis, IN 46240
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  $319,995 New Construction

  • 4 Beds
  • 2.5 Baths
  • 2,813 Sq Ft

  Cooper Plan at Grassy Creek South, Indianapolis, IN 46239

  The Cooper offers thoughtful design and flexible options to fit every lifestyle. From its spacious foyer and turned staircase to the open-concept first floor, this floorplan is both functional and inviting.Choose from multiple elevations including an optional front porch and enjoy a two-car garage with extra storage or convert that space into a first-floor bedroom and full bath.The open layout

  Arbor Homes Builder

  10909 Helmcrest Dr Unit 36451712, Indianapolis, IN 46239
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  /16

  $389,990 New Construction

  • 3 Beds
  • 2.5 Baths
  • 1,909+ Sq Ft

  Muirfield Plan at CityPointe, Indianapolis, IN 46240

  The Muirfield floorplan offers 1,909 to 1,916 square feet of thoughtfully designed living space across two levels. With 2 to 3 bedrooms, 2.5 bathrooms, and a detached 2-car garage, this home combines functionality and charm, making it a perfect choice for modern living.

  M/I Homes Builder

  1805 Real St Unit 36457405, Indianapolis, IN 46240
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  $343,990 New Construction

  • 4 - 5 Beds
  • 2.5 Baths
  • 2,469+ Sq Ft

  Akerman II Plan at Hickory Run, Indianapolis, IN 46239

  Explore the new Akerman II floorplan! Complete with 4–5 bedrooms, 2.5 bathrooms, over 2,400 square feet, and a 2- or 3-car garage, this home is thoughtfully designed and available in Indianapolis Metro. Reach out to our team for more details and learn about how you can transform this plan into your dream new home!

  M/I Homes Builder

  10103 Bitternut Run Unit 36465226, Indianapolis, IN 46239
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  $339,990 New Construction

  • 3 - 4 Beds
  • 2.5 Baths
  • 2,315+ Sq Ft

  Findlay Plan at Hickory Run, Indianapolis, IN 46239

  Welcome to the impressive Findlay floorplan! This 2-story home boasts 2,315–3,397 square feet and tons of design options for personalization. Contact our team to find out more!

  M/I Homes Builder

  10103 Bitternut Run Unit 36446252, Indianapolis, IN 46239
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  $324,995 New Construction

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

  Empress Plan at Grassy Creek South, Indianapolis, IN 46239

  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

  10909 Helmcrest Dr Unit 36466422, Indianapolis, IN 46239
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  /28

  $320,995 New Construction

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

  Empress Plan at Trails at Grassy Creek, Indianapolis, IN 46229

  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

  10018 Falls Canyon Ln Unit 36454524, Indianapolis, IN 46229
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  /23

  $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
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  $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
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  /28

  $317,995 New Construction

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

  Empress Plan at Silver Stream, Indianapolis, IN 46235

  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

  4631 Jasper Ridge Blvd Unit 36457507, Indianapolis, IN 46235
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  /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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  $316,995 New Construction

  • 4 Beds
  • 2.5 Baths
  • 2,961 Sq Ft

  Norway Plan at Silver Stream, Indianapolis, IN 46235

  One of our newest floor plans and has quickly become one of our most popular. The open kitchen facing the large Great Room separated by a long bar-top is perfect for everything from late night entertaining to homework sessions, just one example of the flexibility of this floor plan. The den can also become a first floor 5th bedroom. The upstairs includes a loft, laundry room and a total of 4

  Arbor Homes Builder

  4631 Jasper Ridge Blvd Unit 36463796, Indianapolis, IN 46235
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  $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
• 

  

  /57

  $315,995 New Construction

  • 4 Beds
  • 2.5 Baths
  • 2,813 Sq Ft

  Cooper Plan at Trails at Grassy Creek, Indianapolis, IN 46229

  The Cooper offers thoughtful design and flexible options to fit every lifestyle. From its spacious foyer and turned staircase to the open-concept first floor, this floorplan is both functional and inviting.Choose from multiple elevations including an optional front porch and enjoy a two-car garage with extra storage or convert that space into a first-floor bedroom and full bath.The open layout

  Arbor Homes Builder

  10018 Falls Canyon Ln Unit 36472683, Indianapolis, IN 46229
• 

  

  /46

  $322,995 New Construction

  • 4 Beds
  • 2.5 Baths
  • 2,961 Sq Ft

  Norway Plan at Grassy Creek South, Indianapolis, IN 46239

  One of our newest floor plans and has quickly become one of our most popular. The open kitchen facing the large Great Room separated by a long bar-top is perfect for everything from late night entertaining to homework sessions, just one example of the flexibility of this floor plan. The den can also become a first floor 5th bedroom. The upstairs includes a loft, laundry room and a total of 4

  Arbor Homes Builder

  10909 Helmcrest Dr Unit 36489151, Indianapolis, IN 46239
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  /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
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  $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

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