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Indianapolis, IN Homes under $400,000

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  • /18

    $359,990 New Construction

    • 3 Beds
    • 2.5 Baths
    • 2,139 Sq Ft

    3905 Highcrest Rd, Indianapolis, IN 46239

    Welcome to this wonderful 2-story home in Indianapolis! This charming new-build home features 3 bedrooms, 2.5 bathrooms, a flex room, a loft, an open-concept living space, and so much more. This beautiful new construction home provides the perfect balance of comfort and style in a desirable Indianapolis location. The home's design emphasizes natural light and flow between spaces, with the

    Cassie Newman M/I Homes of Indiana, L.P.

    3905 Highcrest Rd, Indianapolis, IN 46239
  • /40

    $359,995 New Construction

    • 5 Beds
    • 3 Baths
    • 2,427 Sq Ft

    4236 Mendocino Blvd, Indianapolis, IN 46239

    Montgomery Woods is a community bringing new single-family homes for sale, coming soon to Indianapolis, IN. The community is located near ample opportunities for outdoor recreation, including Southeastway Park and Dakota Landing Golf Course, perfect for nature lovers and golf enthusiasts. The first level of the Hampshire offers a 5th bedroom/flex room as an ideal space for overnight stays. The

    Erin Hundley Compass Indiana, LLC

    4236 Mendocino Blvd, Indianapolis, IN 46239
  • /2

    $321,680 New Construction

    • 2 Beds
    • 2 Baths
    • 1,495 Sq Ft

    10619 Mangrove Dr, Indianapolis, IN 46239

    Discover this stunning new construction home at 10619 Mangrove Drive in Indianapolis, built by M/I Homes. This thoughtfully designed 2-bedroom, 2-bathroom home offers 1,495 square feet of comfortable living space with an open-concept design that seamlessly connects the main living areas.The foyer first leads you to a bedroom and full bathroom. Down the hall, the home opens into the family

    M/I Homes

    Bella Vista, Indianapolis, IN 46239
  • /2

    $341,390 New Construction

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

    10617 Mangrove Dr, Indianapolis, IN 46239

    Discover this stunning new construction home at 10617 Mangrove Drive in Indianapolis, built by M/I Homes. This thoughtfully designed 1,716 square foot home offers comfortable living with quality craftsmanship throughout.Home Features: 3 bedrooms with the owner's suite conveniently located on the main floor 2 bathrooms An open-concept living space perfect for daily life and

    M/I Homes

    Dimora, Indianapolis, IN 46239
  • /22

    $364,990 Open Sun 12PM - 4PM

    • 3 Beds
    • 2.5 Baths
    • 2,308 Sq Ft

    5212 Rolling Meadow Blvd, Indianapolis, IN 46237

    Welcome to this stunning new construction home for sale in Indianapolis! This beautifully designed home offers the perfect blend of comfort and quality in a desirable location. Highlights include 3 spacious bedrooms, 2.5 bathrooms, an open-concept living area, high-quality finishes throughout, and elegant architectural details. The open-concept layout provides a natural flow between the

    Cassie Newman M/I Homes of Indiana, L.P.

    5212 Rolling Meadow Blvd, Indianapolis, IN 46237
  • /27

    $312,635 New Construction

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

    11835 Moorfield Ln, 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

    Victoria, Indianapolis, IN 46235
  • /27

    $302,735 New Construction

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

    11904 Moorfield Ln, 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

    Victoria, Indianapolis, IN 46235
  • /2

    $350,720 New Construction

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

    10625 Mangrove Dr, Indianapolis, IN 46239

    Discover this stunning new construction home located at 10625 Mangrove Drive in Indianapolis. Built by M/I Homes, this thoughtfully designed 3-bedroom, 2-bathroom villa home offers 1,716 square feet of comfortable living space with the owner's bedroom conveniently located on the main floor. The open-concept living space creates a seamless flow between the kitchen, dining, and living

    M/I Homes

    Dimora, Indianapolis, IN 46239
  • /2

    $343,130 New Construction

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

    10623 Mangrove Dr, Indianapolis, IN 46239

    Discover this exceptional new construction home at 10623 Mangrove Drive in Indianapolis, built by M/I Homes. This thoughtfully designed single-story home offers 1,716 square feet of comfortable living space with an open-concept layout perfect for modern lifestyles.Key Features: 3 bedrooms, including a first-floor owner's suite 2 full bathrooms featuring quality finishes

    M/I Homes

    Dimora, Indianapolis, IN 46239
  • /2

    $350,240 New Construction

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

    5526 Aspen Wood Ln, Indianapolis, IN 46239

    Discover this stunning new construction home at 5526 Aspen Wood Lane in Indianapolis. This thoughtfully designed 1,716 square foot home offers exceptional comfort and functionality for your lifestyle. Key Features: 3 bedrooms including a main-floor owner's suite 2 bathrooms Open-concept living space perfect for entertaining and daily livingThe home's floorplan

    M/I Homes

    Dimora, Indianapolis, IN 46239
  • /24

    $399,990 Open Sun 12PM - 4PM

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

    9520 Bauhaus Way, Indianapolis, IN 46240

    Welcome to this gorgeous new construction home in Indianapolis. This home offers 3 bedrooms-with the owner's bedroom located upstairs-2 bathrooms for convenience and comfort, an open-concept living space, and much more! This new construction home provides the perfect opportunity to enjoy modern living in a well-planned space. The open-concept design creates a natural flow between living areas,

    Cassie Newman M/I Homes of Indiana, L.P.

    9520 Bauhaus Way, Indianapolis, IN 46240
  • /2

    $389,330 New Construction

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

    5041 Rolling Meadow Blvd, Indianapolis, IN 46237

    Located at 5041 Rolling Meadow Boulevard Indianapolis, IN, this beautiful new construction home built by M/I Homes offers 2,169 square feet of thoughtfully designed living space.   Step inside and find the following design features: 3 bedrooms including an upstairs owner's bedroom 2.5 bathrooms for convenience and privacy Open-concept living

    M/I Homes

    Hickory, Indianapolis, IN 46237
  • /9

    $364,990 New Construction

    • 4 Beds
    • 2.5 Baths
    • 2,614 Sq Ft

    3921 Highcrest Rd, Indianapolis, IN 46239

    Welcome to 3921 Highcrest Road Indianapolis, IN, a beautiful new construction home built by M/I Homes offering 2,614 square feet of thoughtfully designed living space.  This charming home features the following: 4 bedrooms and a flex room  2 full bathrooms Open-concept living space perfect for entertaining and everyday life Quality design

    M/I Homes

    Juliet, Indianapolis, IN 46239
  • /13

    $394,990 New Construction

    • 4 Beds
    • 2.5 Baths
    • 2,719 Sq Ft

    10155 Bitternut Run Ln, Indianapolis, IN 46259

    Welcome to this stunning new construction home located at 10155 Bitternut Run Lane in Indianapolis, IN. This 2-story home boasts a modern design and is sure to impress! As you step inside, you are greeted by an open floorplan that seamlessly connects the living spaces, creating a perfect setting for both relaxing and entertaining. The spacious kitchen is a focal point of the home and

    M/I Homes

    Foster, Indianapolis, IN 46259
  • /17

    $389,990 New Construction

    • 4 Beds
    • 2.5 Baths
    • 2,469 Sq Ft

    6201 Countryside Forge Way, Indianapolis, IN 46259

    This stunning 4-bedroom, 2.5-bathroom home is a perfect blend of modern design and everyday comfort, offering 2 stories and 2,483 square feet of beautifully designed living space. Built by M/I Homes, this new construction property delivers everything you need for a stylish and convenient lifestyle. Thoughtfully Designed Living Spaces Step inside to discover an inviting

    M/I Homes

    Akerman II, Indianapolis, IN 46259
  • /4

    $384,990 New Construction

    • 4 Beds
    • 2.5 Baths
    • 2,321 Sq Ft

    9970 Redwood Peak Ln, Indianapolis, IN 46259

    Welcome to 9970 Redwood Peak Lane, a stunning new construction home nestled in Indianapolis / Franklin Township. Built by M/I Homes, this beautifully designed 2-story home offers an ideal blend of modern design and everyday comfort, featuring 4 bedrooms, 2.5 bathrooms, and a spacious 2.5-car garage. Thoughtfully Designed Living Spaces Step inside and experience the

    M/I Homes

    Findlay, Indianapolis, IN 46259
  • /10

    $305,990 New Construction

    • 2 Beds
    • 2.5 Baths
    • 1,628 Sq Ft

    5514 Aspen Wood Ln, Indianapolis, IN 46239

    Welcome to 5514 Aspen Wood Lane in Indianapolis, IN – a beautiful new construction ranch-style home built by M/I Homes offering 1,628 square feet of thoughtfully designed living space.  This inviting home features: 2 well-appointed bedrooms 2 full bathrooms, 1 half bath Owner's bedroom with an en-suite bathroom and dual-sink vanity Open-concept

    M/I Homes

    Castello, Indianapolis, IN 46239
  • /13

    $328,990 New Construction

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

    5510 Aspen Wood Ln, Indianapolis, IN 46239

    Welcome to 5510 Aspen Wood Lane in Indianapolis, IN, a stunning new construction home built by M/I Homes offering 1,716 square feet of thoughtfully designed living space.Home Features: 3 bedrooms including the first-floor owner's bedroom 2 full bathrooms Open-concept living spaceThis beautiful new construction home provides the perfect balance of comfort and style.

    M/I Homes

    Dimora, Indianapolis, IN 46239
  • /15

    $329,990 New Construction

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

    5508 Aspen Wood Ln, Indianapolis, IN 46239

    Welcome to 5508 Aspen Wood Lane in Indianapolis, a stunning new construction home built by M/I Homes. This beautiful ranch-style offers 1,716 square feet of thoughtfully designed living space.  Home Features: 3 bedrooms 2 full bathrooms including a deluxe owner's en-suite  Open-concept living space perfect for entertaining Gourmet kitchen with

    M/I Homes

    Dimora, Indianapolis, IN 46239
  • /13

    $349,990 New Construction

    • 3 Beds
    • 2.5 Baths
    • 2,001 Sq Ft

    5215 Rolling Meadow Blvd, Indianapolis, IN 46237

    Welcome to 5215 Rolling Meadow Boulevard in Indianapolis, IN, a stunning new construction home built by M/I Homes. This beautiful residence offers 2,001 square feet of thoughtfully designed living space.  Home Features: 3 bedrooms 2.5 bathrooms including a luxury owner's en-suite Open-concept living space perfect for entertaining Spacious kitchen

    M/I Homes

    New Castle, Indianapolis, IN 46237
  • /40

    $394,995 New Construction

    • 5 Beds
    • 3 Baths
    • 2,427 Sq Ft

    10818 Soda Creek Ct, Indianapolis, IN 46239

    Montgomery Woods is a community bringing new single-family homes for sale, coming soon to Indianapolis, IN. The community is located near ample opportunities for outdoor recreation, including Southeastway Park and Dakota Landing Golf Course, perfect for nature lovers and golf enthusiasts. The first level of the Hampshire offers a 5th bedroom/flex room as an ideal space for overnight stays. The

    Erin Hundley Compass Indiana, LLC

    10818 Soda Creek Ct, Indianapolis, IN 46239
  • /2

    $373,700 New Construction

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

    6148 Paperbark Way, Indianapolis, IN 46259

    Welcome to 6148 Paperbark Way in Indianapolis, a beautiful ranch-style new construction home built by M/I Homes. This thoughtfully designed home offers 1,603 square feet of living space with 3 bedrooms and 2 full bathrooms.  Features: Open-concept living space with a central gathering room Owner's bedroom with an en-suite bathroom 2 additional bedrooms

    M/I Homes

    Mackey II, Indianapolis, IN 46259
  • /2

    $392,780 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

    M/I Homes

    Ashton, Indianapolis, IN 46259
  • /10

    $337,990 New Construction

    • 4 Beds
    • 2.5 Baths
    • 2,614 Sq Ft

    Juliet, Indianapolis, IN 46239

    Introducing the Juliet plan—your new dream home with 4–5 bedrooms, 3.5 bathrooms, 2,614–2,734 square feet, and endless design possibilities.

    M/I Homes

    Juliet, Indianapolis, IN 46239
  • /11

    $320,990 New Construction

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

    Aubrey, 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

    Aubrey, Indianapolis, IN 46239
  • /36

    $383,990 New Construction

    • 4 Beds
    • 2.5 Baths
    • 2,376 Sq Ft

    7311 Waylon Way Hold: Parking, Indianapolis, IN 46239

    Welcome to this stunning new model home at 7311 Waylon Way in Indianapolis / Franklin Township! This beautiful 2-story home, featuring our Aubrey plan, offers a perfect blend of modern design and comfort, perfect to cater to your family's needs. This spacious home boasts 4 bedrooms and 2.5 bathrooms, providing ample space for everyone. The open floorplan creates a welcoming and airy

    M/I Homes

    Aubrey, Indianapolis, IN 46239
  • /14

    $362,990 New Construction

    • 4 Beds
    • 2 Baths
    • 2,714 Sq Ft

    Foster, 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

    Foster, Indianapolis, IN 46239
  • /20

    $343,990 New Construction

    • 4 Beds
    • 2.5 Baths
    • 2,469 Sq Ft

    Akerman II, 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

    Akerman II, Indianapolis, IN 46239
  • /15

    $311,990 New Construction

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

    Hinkle, Indianapolis, IN 46237

    Welcome to the Hinkle, a lovely ranch-style home from our Smart Series. This thoughtfully designed home is perfect for first-time homebuyers or downsizers and features three bedrooms, two bathrooms, a two-car garage, a kitchen, and a gathering room.

    M/I Homes

    Hinkle, Indianapolis, IN 46237
  • /13

    $379,990 New Construction

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

    Valhalla, 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

    Valhalla, Indianapolis, IN 46240
  • /13

    $394,990 New Construction

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

    Oakmont, 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

    Oakmont, Indianapolis, IN 46240
  • /34

    $349,990 New Construction

    • 2 Beds
    • 2.5 Baths
    • 2,025 Sq Ft

    10715 Mangrove Dr, Indianapolis, IN 46239

    From the massive gathering room to the back patio and second-floor loft space, this new townhome plan offers tons design flexibility throughout 2,025 square feet! Keep reading to learn more, then reach out to our Internet Sales Team to find out where you can build this impressive floorplan.You'll have the choice between 3 modern exterior designs—traditional, craftsman, or exterior.

    M/I Homes

    P2025, Indianapolis, IN 46239
  • /9

    $302,990 New Construction

    • 2 Beds
    • 2.5 Baths
    • 2,025 Sq Ft

    P2025, Indianapolis, IN 46239

    From the massive gathering room to the second-floor loft space, this new townhome plan offers tons design flexibility throughout 2,025 square feet! Learn more about it, then reach out to our Internet Sales Team to find out where you can build this impressive floorplan.

    M/I Homes

    P2025, Indianapolis, IN 46239
  • /35

    $370,990 New Construction

    • 3 Beds
    • 2.5 Baths
    • 2,180 Sq Ft

    5107 Triple Crown Way, Indianapolis, IN 46237

    We’re excited to take you on a tour of our new Hickory Slab model at Belmont in Indianapolis! Here’s a glimpse at what you’ll find throughout its 2,180 square feet:Open-concept family room and kitchenElectric, low-set fireplaceModern kitchen with white cabinets, stainless steel appliances, an island with an overhang for barstool seating, a white tile backsplash, and

    M/I Homes

    Hickory, Indianapolis, IN 46237
  • /14

    $311,990 New Construction

    • 2 Beds
    • 2 Baths
    • 1,603 Sq Ft

    Mackey II, 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

    Mackey II, Indianapolis, IN 46239
  • /4

    $376,990 New Construction

    • 4 Beds
    • 4 Baths
    • 2,957 Sq Ft

    Fairbanks, 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

    Fairbanks, Indianapolis, IN 46239
  • /4

    $332,990 New Construction

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

    Ashton, 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

    Ashton, Indianapolis, IN 46239
  • /4

    $342,990 New Construction

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

    Spring Valley, 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

    Spring Valley, Indianapolis, IN 46237
  • /36

    $329,990 New Construction

    • 3 Beds
    • 2.5 Baths
    • 2,001 Sq Ft

    6219 Medina Spirit Dr, Indianapolis, IN 46237

    Welcome to your future home at 6219 Medina Spirit Drive in the heart of Indianapolis! This charming 2-story new construction home offers a perfect blend of comfort and functionality, ideal for anyone seeking a cozy yet spacious living environment. With 3 bedrooms, 2 bathrooms, and around 2,00 square feet, this home provides ample living space for you and your loved ones to enjoy. The

    M/I Homes

    New Castle, Indianapolis, IN 46237
  • /13

    $389,990 New Construction

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

    Muirfield, 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

    Muirfield, Indianapolis, IN 46240

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