Indianapolis, IN Homes for Sale under $400,000

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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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  $300,000

  • 4 Beds
  • 2 Baths
  • 1,682 Sq Ft

  8041 Twin River Dr, Indianapolis, IN 46239

  This single- family home features four main- level bedrooms, with a private primary suite, and an open floor plan accented by luxury vinyl plank flooring in the main living areas. The kitchen and bathrooms include cherry Kraft maid cabinets, while the covered back porch and private tree line create a great opportunity for outdoor enjoyment. Additional highlights include a commercial- grade heater

  Natalie Lyons @properties

  8041 Twin River Dr, Indianapolis, IN 46239
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  $396,990 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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  $329,000

  • 3 Beds
  • 3 Baths
  • 2,372 Sq Ft

  208 N Tacoma Ave, Indianapolis, IN 46201

  Situated in the heart of downtown Indianapolis, a meticulously renovated single-family residence offering a refined blend of modern sophistication and enduring quality. This high-end home features thoughtfully redesigned living spaces, premium finishes throughout, and exceptional attention to detail. Ideal for both comfortable daily living and elegant entertaining, the property provides a rare

  Chris Price Keller Williams Indy Metro S

  208 N Tacoma Ave, Indianapolis, IN 46201
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  $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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  $396,995 New Construction

  • 4 Beds
  • 2.5 Baths
  • 3,310 Sq Ft

  Monroe Plan at Edgebrook Preserve, Indianapolis, IN 46239

  Welcome home to the Monroe, a Silverthorne Homes floorplan. This new home construction floorplan includes four bedrooms, two-and-a-half bathrooms, a two-story great room, and a 2-car garage with garage storage. Starting at 3,206 square feet, The Monroe is perfect for the family looking for a home to grow with them.As you enter the home, you will be met with the front of home study. This area can

  Silverthorne Homes Builder

  6014 Sand Mill Dr Unit 36905592, Indianapolis, IN 46239
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  /23

  $399,900 New Construction

  • 3 Beds
  • 2.5 Baths
  • 1,948 Sq Ft

  2151 N College Ave, Indianapolis, IN 46202

  This unit is ready for immediate move-in! Introducing the Riley at 2151 College Ave, the largest floor plan in the Townes at Kennedy-King community. Thoughtfully designed, the ground level boasts a bedroom and a garage with added storage. As you make your way to the second floor, be impressed by the abundance of natural light pouring in from its corner unit position. The modern kitchen,

  Onyx+East Builder

  2151 N College Ave, Indianapolis, IN 46202
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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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  $394,900 Open Sun 1PM - 3PM

  • 4 Beds
  • 3 Baths
  • 2,280 Sq Ft

  1058 N Elder Ave, Indianapolis, IN 46222

  New construction at it's finest! Four graciously sized bedrooms with Jack & Jill full bath and laundry room on upper level. Primary bedroom with beautiful separate shower. Home has mudroom on main level leading from deck and oversized garage. Main level with open concept; large pantry, center island equipped with electricity and seating area along with other kitchen features. Conveniently located

  Felman Brown Carpenter, REALTORS®

  1058 N Elder Ave, Indianapolis, IN 46222
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  $343,990 New Construction

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

  5103 Rolling Meadow Blvd, Indianapolis, IN 46237

  Discover this new construction home at 5103 Rolling Meadow Boulevard in Indianapolis, built by M/I Homes. This thoughtfully designed 3-bedroom, 2.5-bathroom home offers 2,293 square feet of comfortable living space. Key Features: Open-concept living space Electric fireplace Loft Walk-in closets in each bedroom Owner's en-suite bathroom The open-concept living space creates a seamless flow between

  M/I Homes Builder

  5103 Rolling Meadow Blvd, Indianapolis, IN 46237
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  $325,000

  • 3 Beds
  • 2.5 Baths
  • 2,354 Sq Ft

  9949 Blue Ridge Way, Indianapolis, IN 46234

  Move-in ready, one-owner 3-bedroom, 2.5-bath home in the highly sought-after Brownsburg school district! Meticulously maintained and updated, this home features a brand-new roof in 2025, offering peace of mind from day one. The flexible floor plan includes a dedicated office with custom built-in shelving, perfect for today's work-from-home lifestyle. Pride of ownership shines throughout with

  Alexandria Harbor Redfin Corporation

  9949 Blue Ridge Way, Indianapolis, IN 46234
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  $379,990 New Construction

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

  5103 Triple Crown Way, Indianapolis, IN 46237

  Located in the Belmont community on the southeast side of Indianapolis, 5103 Triple Crown Way offers a well-balanced two-story layout designed for both everyday living and entertaining. This home welcomes you with a covered front porch and a convenient guest entry that leads into an open main living area. The first floor features a spacious gathering room highlighted by an electric fireplace,

  M/I Homes Builder

  5103 Triple Crown Way, Indianapolis, IN 46237
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  $328,990 New Construction

  • 3 - 4 Beds
  • 2.5 Baths
  • 2,002+ Sq Ft

  Irvington Plan at Hickory Run, Indianapolis, IN 46239

  Discover a flexible design and a modern layout inside the beautiful Irvington plan available in Indianapolis Metro! Find out more today.

  M/I Homes Builder

  10103 Bitternut Run Unit 36485651, Indianapolis, IN 46239
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  $355,990 New Construction

  • 4 Beds
  • 2.5 Baths
  • 2,394 Sq Ft

  3942 Teakmill Trail, Indianapolis, IN 46239

  Discover this stunning new construction home at 3942 Teakmill Trail in Indianapolis, built by M/I Homes. This thoughtfully designed 4-bedroom, 2.5-bathroom home spans 2,394 square feet of open-concept living space, perfect for modern family life. The well-appointed floorplan features: Flex room Electric fireplace Loft Owner's en-suite bathroom Located in a desirable Indianapolis / Franklin

  M/I Homes Builder

  3942 Teakmill Trail, Indianapolis, IN 46239
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  $385,537 New Construction

  • 2 Beds
  • 2.5 Baths
  • 1,430 Sq Ft

  2147 Coretta Way, Indianapolis, IN 46202

  This unit is ready for immediate move-in! The Tannin 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 an 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 living area,

  Onyx+East Builder

  2147 Coretta Way, Indianapolis, IN 46202
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  $370,390 New Construction

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

  8421 Grand Appaloosa Way, 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

  8421 Grand Appaloosa Way, Indianapolis, IN 46239
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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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  $312,990 New Construction

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

  10601 Mangrove Dr, Indianapolis, IN 46239

  Discover this stunning new construction home at 10601 Mangrove Drive in Indianapolis, built by M/I Homes. This thoughtfully designed 1,716 square foot ranch villa features an open-concept living space perfect for daily living and entertaining. Key Features: Open-concept living space Electric fireplace Extended veranda Owner's en-suite bathroom with a dual-sink vanity Low-maintenance living The

  M/I Homes Builder

  10601 Mangrove Dr, Indianapolis, IN 46239
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  $384,990 New Construction

  • 4 Beds
  • 2.5 Baths
  • 2,483 Sq Ft

  10008 Redwood Peak Ln, Indianapolis, IN 46259

  Discover this beautiful new construction home located at 10008 Redwood Peak Lane Indianapolis, IN, built by M/I Homes. This spacious 2,483 square foot home offers a thoughtful design with 4 bedrooms and 2.5 bathrooms. Home Features: Open-concept living space perfect for entertaining and family gatherings Study 4 well-appointed bedrooms located upstairs 2.5 bathrooms including an owner's en-suite

  M/I Homes Builder

  10008 Redwood Peak Ln, Indianapolis, IN 46259
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  $364,990 New Construction

  • 4 Beds
  • 2.5 Baths
  • 2,402 Sq Ft

  3927 Quinn Rd, Indianapolis, IN 46239

  Discover this stunning new construction home located at 3927 Quinn Road in Franklin Township Indianapolis. Built by M/I Homes, this thoughtfully designed 4-bedroom, 2.5-bathroom home offers 2,402 square feet of comfortable living space. Key Features: Flex room Open-concept living space Loft Owner's en-suite bathroom This home sits in a desirable Franklin Township neighborhood known for its

  M/I Homes Builder

  3927 Quinn Rd, Indianapolis, IN 46239
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  $387,990 New Construction

  • 4 - 6 Beds
  • 2.5 - 3.5 Baths
  • 2,794 Sq Ft

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

  The Jensen by Fischer Homes offers a spacious and flexible design, perfect for modern living. The open kitchen flows seamlessly into the living spaces, with options for a morning room expansion, a guest suite, or a private study on the main level. The included recreation room adds versatility, while optional features like a dining room, second study, or a 4x16 garage expansion provide additional

  Fischer Homes Builder

  5250 Hickory Rd Unit 39100017, Indianapolis, IN 46239
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  $300,000

  • 3 Beds
  • 2.5 Baths
  • 1,406 Sq Ft

  4205 Boulevard Place, Indianapolis, IN 46208

  Step into Butler-Tarkington charm with a basement plus stylish updates throughout this 3-bed, 2.5-bath home. Explore this home via interactive 3D home tour, complete with floor plans. The welcoming covered front porch sets the tone for easy entertaining. Inside, you'll love the bright open layout connecting the living area to the spacious kitchen and dining space. The kitchen features custom

  David Brenton DAVID BRENTON'S TEAM

  4205 Boulevard Place, Indianapolis, IN 46208
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  $314,995 New Construction

  • 5 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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  $317,990 New Construction

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

  10603 Mangrove Dr, Indianapolis, IN 46239

  Discover this stunning new construction home at 10603 Mangrove Drive in Indianapolis. Built by M/I Homes, this beautifully designed 3-bedroom, 2-bathroom ranch villa offers 1,716 square feet of thoughtfully planned living space. Key Features: Open-concept living space Extended veranda Electric fireplace Owner's en-suite bathroom with a dual-sink vanity Low-maintenance living The open-concept

  M/I Homes Builder

  10603 Mangrove Dr, Indianapolis, IN 46239
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  $391,990 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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  $365,990 New Construction

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

  3926 Quinn Rd, Indianapolis, IN 46239

  Discover this stunning new construction home at 3926 Quinn Road in Franklin Township, built by M/I Homes. This thoughtfully designed 4-bedroom, 2.5-bathroom home spans 2,388 square feet and features an open-concept living space. Key features include: First-floor flex room Electric fireplace Loft Owner's en-suite bathroom The home's floorplan maximizes functionality while maintaining an inviting

  M/I Homes Builder

  3926 Quinn Rd, Indianapolis, IN 46239
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  $381,990 New Construction

  • 4 Beds
  • 2.5 Baths
  • 2,330+ Sq Ft

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

  The Fairfax by Fischer Homes offers a versatile and thoughtfully designed layout, perfect for modern living. The open kitchen features a large island with seating, a walk-in pantry, and options for customized morning room configurations or a 2-foot expansion. The family room can be enhanced with window configurations and an optional fireplace. Upstairs, the home includes four bedrooms with

  Fischer Homes Builder

  5250 Hickory Rd Unit 39100033, Indianapolis, IN 46239
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  $330,990 New Construction

  • 3 Beds
  • 2.5 Baths
  • 1,995+ Sq Ft

  New Castle Plan at Belmont, Indianapolis, IN 46237

  Welcome home to the New Castle at Belmont! Part of our Smart Series, this thoughtfully designed two-story floorplan features four different elevations to choose from and numerous upgrades to make make your home perfectly designed to your needs. The standard layout includes a two-car garage, a gathering room, a kitchen, a dining nook, three bedrooms, and two-and-a-half bathrooms.

  M/I Homes Builder

  5107 Triple Crown Way Unit 36494484, Indianapolis, IN 46237
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  $333,990 New Construction

  • 3 Beds
  • 2.5 Baths
  • 1,995 Sq Ft

  5110 Triple Crown Way, Indianapolis, IN 46237

  This new construction home by M/I Homes offers 1,995 square feet of thoughtfully designed living space. The well-planned floorplan features an open-concept living area that seamlessly connects the kitchen, dining, and family room, creating an inviting atmosphere for daily living and entertaining. Key Features: 3 bedrooms, 2.5 bathrooms Open-concept living space Electric fireplace Walk-in closets

  M/I Homes Builder

  5110 Triple Crown Way, Indianapolis, IN 46237
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  $308,000 New Construction

  • 3 - 4 Beds
  • 2.5 Baths
  • 1,594 Sq Ft

  Simplicity 1594 Plan at Oberlin, Camby, IN 46113

  Experience a seamless flow between living spaces. Head through the uncovered patio to find a convenient powder room and a foyer that leads to a spacious great room. The great room opens easily to a breakfast nook and kitchen with an island. Park in your two-car garage, then head upstairs to find two bedrooms, one bathroom, a loft perfect for nights at home, and a luxurious primary suite. The

  Taylor Morrison Builder

  8743 Hollander Dr Unit 36664783, Camby, IN 46113
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  $366,995 New Construction

  • 4 Beds
  • 2.5 Baths
  • 2,929 Sq Ft

  Van Buren Plan at Edgebrook Preserve, Indianapolis, IN 46239

  Make your new memories with our Van Buren floor plan. Ranging from 2,923 square feet to 3,309 square feet, this home design can grow with your family. The Van Buren can easily become a 7 bedroom and 5-bathroom home to fit your needs.With 12 elevation options to choose from, your home will have a unique look that is personality packed and worthy of your lifestyle. Garage storage is built into The

  Silverthorne Homes Builder

  6014 Sand Mill Dr Unit 36905590, Indianapolis, IN 46239
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  $363,990 New Construction

  • 3 Beds
  • 2 Baths
  • 1,730+ Sq Ft

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

  The DaVinci by Fischer Homes offers a flexible and thoughtfully designed layout perfect for modern living. The home features an owners suite with a walk-in closet and the option for a direct laundry room connection for added convenience. The open kitchen design includes a large island with seating and flows seamlessly into the expansive family room, which can be enhanced with an optional tray

  Fischer Homes Builder

  5250 Hickory Rd Unit 39100031, Indianapolis, IN 46239
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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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  $383,000 New Construction

  • 4 - 6 Beds
  • 2.5 - 3.5 Baths
  • 2,868 Sq Ft

  Simplicity 2868 Plan at Oberlin, Camby, IN 46113

  Experience the art of comfortable living! Step into your foyer to find a flex room and formal dining room across from the entry to your two-car garage with storage space. Keep going to discover an open-concept haven: a great room opens easily to a kitchen with an island and a charming breakfast nook. Upstairs are three bedrooms, one bathroom, a home office, a laundry room to save you trips up and

  Taylor Morrison Builder

  8743 Hollander Dr Unit 36664790, Camby, IN 46113
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  $300,890 New Construction

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

  4235 Malvern Way, 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

  4235 Malvern Way, Indianapolis, IN 46235
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  $359,999

  • 4 Beds
  • 2.5 Baths
  • 2,632 Sq Ft

  6433 Lakeland Blvd, Indianapolis, IN 46234

  Located at 6433 Lakeland Blvd in Indianapolis, this move-in ready waterfront home offers 4 bedrooms, 2 full baths, and 1 half bath in a quiet and desirable setting. Enjoy a private dock on a large, stocked lake, perfect for relaxing on the patio or casting a line. This tri-level home with a partial walkout basement features a primary suite, three additional bedrooms, and a versatile bonus room,

  Emily Brewer Redfin Corporation

  6433 Lakeland Blvd, Indianapolis, IN 46234
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  /7

  $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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  $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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  /26

  $359,990 New Construction

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

  5041 Rolling Meadow Blvd, Indianapolis, IN 46237

  Located at 5041 Rolling Meadow Boulevard in 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 space perfect for entertaining An electric fireplace

  M/I Homes Builder

  5041 Rolling Meadow Blvd, Indianapolis, IN 46237

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