Indianapolis, IN Homes for Sale under $400,000

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  $376,995

  New Construction

  • 5 Beds
  • 3 Baths
  • 2,422 Sq Ft

  Hampshire Plan at Eagle Manor, Indianapolis, IN 46239

  This first level of this two-story home offers a flex room as an ideal space for overnight stays. The Great Room, kitchen and dining room can also be found on the first floor, arranged in an expansive floorplan. Upstairs, all four bedrooms await, plus a loft offering additional living space for the entire family.

  Lennar Builder

  5332 S Franklin Rd Unit 38336439, Indianapolis, IN 46239
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  /63

  $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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  /37

  $240,995

  New Construction

  • 3 Beds
  • 2 Baths
  • 1,228 Sq Ft

  Walnut Plan at Silver Stream, Indianapolis, IN 46235

  Step into the charm and affordability of our Walnut floor plan, where homeownership dreams come to life in the inviting embrace of this 1,210 sq ft home. This modest yet versatile design opens the door to a world of possibilities with multiple structural options and diverse exterior styles, allowing you to infuse your personal touch and make the Walnut uniquely yours.Boasting three bedrooms and

  Arbor Homes Builder

  4631 Jasper Ridge Blvd Unit 36457782, Indianapolis, IN 46235
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  /32

  $332,990

  New Construction $35K PRICE DROP

  • 3 - 4 Beds
  • 2.5 - 3.5 Baths
  • 1,842 Sq Ft

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

  This stylish two-story home includes everything you need for your next home. The kitchen features a large serving island with room for seating. A private staircase in the back of the home leads to 3 bedroomswith loft or optional 4th bedroom. The owner's suite includes a generous walk-in closet and a private bathroom. Additional features of the Wesley include a living room/study and a convenient

  Fischer Homes Builder

  5250 Hickory Rd Unit 39100018, Indianapolis, IN 46239
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  /45

  $254,995

  New Construction

  • 3 Beds
  • 2 Baths
  • 1,964 Sq Ft

  Berlin Plan at Midelton - Arrival Series, Indianapolis, IN 46235

  Dont waitembrace home ownership with The Berlin, a new and affordable three-story floor plan designed to maximize space and functionality. At 1,969 square feet with 3 bedrooms and 2 full bathrooms plus an unfinished powder bath, this home is perfect for those needing more space or looking to entertain. Flexible Third-Floor Loft The highlight of The Berlin is the expansive third-floor loft, ideal

  Arbor Homes Builder

  11127 E 46th St Unit 37901648, Indianapolis, IN 46235
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  /24

  $280,995

  New Construction

  • 3 Beds
  • 2 Baths
  • 1,567 Sq Ft

  Clarence Plan at Clifton Trace, Indianapolis, IN 46235

  This new single-story home has a smart layout that allows for gracious living. Down the foyer is an open-concept Great Room ideal for entertainment, which seamlessly melds into a well-equipped kitchen and a dining room for memorable meals. In a private corner is the spacious owner’s suite with a full bathroom and a walk-in closet, while at the opposite end are two secondary bedrooms and a two-car

  Lennar Builder

  11631 Cotterill Way Unit 36041293, Indianapolis, IN 46235
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  /32

  $388,995

  New Construction

  • 5 Beds
  • 3 Baths
  • 2,736 Sq Ft

  Kingston Plan at Eagle Manor, Indianapolis, IN 46239

  This two-story home is ideal for families and features a convenient first-floor bedroom, ideal for overnight guests, along with a private study and an open layout shared between the kitchen, dining area and Great Room. The second level includes a versatile loft surrounded by four spacious bedrooms—three of which feature walk-in closets. The upper-level owner’s suite is complemented by an attached

  Lennar Builder

  5332 S Franklin Rd Unit 38336436, Indianapolis, IN 46239
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  /7

  $349,990

  New Construction

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

  Kentmore Plan at Hickory Run - 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

  10103 Bitternut Run Unit 39413587, Indianapolis, IN 46239
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  /18

  $291,995

  New Construction

  • 3 Beds
  • 2.5 Baths
  • 1,793 Sq Ft

  Roxbury Plan at Ashton Village - Duplex, Indianapolis, IN 46268

  This two-story townhome-style condo is ideal for those who need space and flexibility. On the first floor is the open living area with a kitchen, Great Room and nook, plus a convenient flex space in the back of the home. Upstairs are three bedrooms, including the owner’s suite, as well as a laundry room and a loft, which can be used as a living area or home office.

  Lennar Builder

  75 New Augusta Rd Unit 39600993, Indianapolis, IN 46268
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  /13

  $381,990

  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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  /13

  $266,990

  New Construction

  • 2 - 3 Beds
  • 2 - 3 Baths
  • 1,495+ Sq Ft

  Bella Vista Plan at Sagebrook West - Villa Series, Indianapolis, IN 46239

  Welcome home to the Bella Vista, a brand new paired home design, part of our Villa Series. The standard layout of the home features two bedrooms, two bathrooms, an open-concept gathering room and kitchen, a veranda, and a two-car garage.

  M/I Homes Builder

  10715 Mangrove Dr Unit 36461532, Indianapolis, IN 46239
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  /13

  $339,990

  New Construction

  • 4 - 6 Beds
  • 2.5 - 4.5 Baths
  • 2,614+ Sq Ft

  Juliet Plan at Grayson, 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 Builder

  7311 Waylon Way Unit 36502146, Indianapolis, IN 46239
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  /6

  $359,990

  New Construction

  • 3 - 4 Beds
  • 2 - 3 Baths
  • 2,191+ Sq Ft

  Cheswicke II Plan at Hickory Run - 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

  10103 Bitternut Run Unit 39413580, Indianapolis, IN 46239
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  /75

  $365,000

  New Construction $20K PRICE DROP

  • 4 Beds
  • 3.5 Baths
  • 2,013 Sq Ft

  3217 W 48th St, Indianapolis, IN 46228

  HUGE PRICE DROP!!! Get ready to fall head over heels for 3217 W 48th St, Indianapolis!!! This 2026 new build and delightful single-family residence offers a generous 2013sf of living space. Prepare to be charmed by a home that is brand new and bursting with personality. The heart of this home beats in its fabulous kitchen. Imagine culinary adventures on sleek stone counters, with a central island

  Seun A Zion Group REALTORS, LLC

  3217 W 48th St, Indianapolis, IN 46228
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  /27

  $220,000

  $14K PRICE INCREASE

  • 2 Beds
  • 2 Baths
  • 1,096 Sq Ft

  6648 Greendale Ln, Indianapolis, IN 46241

  Move-in ready and low maintenance, this charming ranch home offers convenient one-level living with 2 bedrooms and 2 full baths. Recent updates include luxury vinyl plank flooring, fresh paint throughout, new light fixtures, a new furnace, new A/C, and a new water heater. The kitchen features new appliances, making this home truly turnkey. Enjoy the fenced backyard with a privacy fence, perfect

  Emily Brewer Redfin Corporation

  6648 Greendale Ln, Indianapolis, IN 46241
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  /25

  $294,999

  $5K PRICE DROP

  • 6 Beds

  1306 W 30th St, Indianapolis, IN 46208

  Fully renovated turnkey duplex producing $3,800/month in approved rents! Major updates include new roof, new mechanicals, new windows, granite countertops, tile bathrooms, tall 42-inch cabinets, new flooring, and modern finishes throughout. With $45K+/year in scheduled gross rent, this property offers strong cash flow and reduced near-term maintenance for the next investor. Landlord-paid

  Aaron Gourdouze Redfin Corporation

  1306 W 30th St, Indianapolis, IN 46208
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  /61

  $275,995

  New Construction

  • 3 Beds
  • 2 Baths
  • 1,801 Sq Ft

  Chestnut Plan at Grassy Creek South, Indianapolis, IN 46239

  Looking for the perfect ranch-style home as your new home? Take a look at The Chestnut and its many optional upgrades. With the option to add a bonus room with a bedroom and full bathroom, you have the potential for 2,600+ square feet of living space in a ranch home.When you enter the home, you will see the first two bedrooms and a full bathroom. As you move throughout The Chestnut, notice the

  Arbor Homes Builder

  10909 Helmcrest Dr Unit 36501783, Indianapolis, IN 46239
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  /55

  $269,995

  New Construction

  • 3 Beds
  • 2.5 Baths
  • 2,186 Sq Ft

  Gladstone Plan at Midelton - Arrival Series, Indianapolis, IN 46235

  The Gladstone offers up to 2,186 square feet of thoughtfully designed comfort across three stories, combining the feel of a free-standing townhome with the affordability of a compact footprint. Step onto the inviting front porch and enter a flexible first-floor space offering 254 square feet of optional finished living area perfect for a home office, guest suite, or entertainment zone. This level

  Arbor Homes Builder

  11127 E 46th St Unit 37901649, Indianapolis, IN 46235
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  /15

  $337,995

  New Construction $2K PRICE INCREASE

  • 5 Beds
  • 3 Baths
  • 2,422 Sq Ft

  Hampshire Plan at Noble Heights - Carriage, Indianapolis, IN 46113

  This new two-story home is designed to provide ample room to grow and entertain. The first-floor Great Room, kitchen and dining area are arranged in an expansive open-concept layout to prioritize ease of living. On the same level is a quiet bedroom to host guests, while upstairs are the remaining four bedrooms and a comfortable loft for additional space.

  Lennar Builder

  8813 Dingley Rd Unit 39891765, Indianapolis, IN 46113
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  /35

  $330,990

  New Construction $38K PRICE DROP

  • 3 - 4 Beds
  • 2 - 2.5 Baths
  • 1,983 Sq Ft

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

  The Greenbriar by Fischer Homes offers a versatile and thoughtfully designed layout to suit modern living. The first floor features a formal living and dining room, which can be converted into an optional study for added flexibility. The open kitchen offers options such as a large island, custom window configurations, and a bay window or alternate door layout in the morning room. Additional

  Fischer Homes Builder

  5250 Hickory Rd Unit 39100020, Indianapolis, IN 46239
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  /62

  $293,995

  New Construction

  • 4 Beds
  • 2.5 Baths
  • 2,176 Sq Ft

  Aspen II Plan at Grassy Creek South, Indianapolis, IN 46239

  The Aspen II floorplan has it all- from a spacious home office, an open concept living and kitchen area, a large loft, and four bedrooms with plenty of space. You cant go wrong choosing this floorplan! Make The Aspen II your own with the many optional upgrades. If you fall in love with the interior, you will love the elevations on the exterior of this new build home!Entering off the front porch,

  Arbor Homes Builder

  10909 Helmcrest Dr Unit 36473987, Indianapolis, IN 46239
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  /67

  $269,900

  $10K PRICE DROP

  • 3 Beds
  • 2 Baths
  • 1,534 Sq Ft

  921 S State Ave, Indianapolis, IN 46203

  Nestled in the heart of Fountain Square, one of Indianapolis's most desirable and energetic neighborhoods, this beautifully maintained 3-bedroom, 2-bath multi-level traditional American townhome offers the perfect combination of style, location, and investment potential. Step inside to a thoughtfully designed layout featuring boutique-style finishes and versatile living spaces ideal for both

  Jim Gilday eXp Realty, LLC

  921 S State Ave, Indianapolis, IN 46203
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  /44

  $369,000

  $20K PRICE DROP

  • 4 Beds
  • 3 Baths
  • 1,619 Sq Ft

  1009 Laurel St, Indianapolis, IN 46203

  Welcome to 1009 Laurel in the heart of Fountain Square - a beautifully renovated 4-bedroom, 3-bath townhome offering the perfect blend of modern luxury and urban convenience. No stone was left unturned in this complete renovation, featuring spacious living areas, stylish finishes, and thoughtfully updated spaces throughout. Enjoy walkable access to Fountain Square's top restaurants, nightlife,

  Chris Price Keller Williams Indy Metro Partners

  1009 Laurel St, Indianapolis, IN 46203
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  /39

  $338,990

  New Construction $38K PRICE DROP

  • 3 - 4 Beds
  • 2.5 Baths
  • 2,258 Sq Ft

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

  The Yosemite by Fischer Homes offers a versatile and functional design with plenty of options to suit your needs. The main level includes a formal living or dining room, with options for a study, a kitchen island, and a bay window or customized window configuration in the morning and family rooms. An optional electric fireplace and a 4x16 garage expansion add style and convenience. The second

  Fischer Homes Builder

  5250 Hickory Rd Unit 39100029, Indianapolis, IN 46239
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  /4

  $317,990

  New Construction

  • 3 - 4 Beds
  • 2.5 Baths
  • 2,128+ Sq Ft

  Brooklyn Plan at Grayson, Indianapolis, IN 46239

  Welcome to the Brooklyn plan, a home that's perfect for those seeking spaciousness, elegance, and top-notch craftsmanship. This home features 3 bedrooms (with an optional fourth), 2.5 bathrooms, a 2-car garage, and 2,128–2,245 square feet of living space.

  M/I Homes Builder

  7311 Waylon Way Unit 36492721, Indianapolis, IN 46239
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  /25

  $224,900

  • 3 Beds
  • 2 Baths
  • 1,474 Sq Ft

  1802 S Talbott St, Indianapolis, IN 46225

  Welcome to this beautifully remodeled two-story home on Indianapolis' historic Old Southside, just moments from the vibrant Bates-Hendricks neighborhood. Blending modern updates with classic charm, this 3-bedroom, 2 full bathroom home offers both style and functionality in an ideal location. Step inside to discover a thoughtfully updated interior featuring fresh finishes, an inviting layout, and

  Jennifer Goodspeed Keller Williams Indy Metro Partners

  1802 S Talbott St, Indianapolis, IN 46225
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  /62

  $293,995

  New Construction

  • 4 Beds
  • 2.5 Baths
  • 2,176 Sq Ft

  Aspen II Plan at Silver Stream, Indianapolis, IN 46235

  The Aspen II floorplan has it all- from a spacious home office, an open concept living and kitchen area, a large loft, and four bedrooms with plenty of space. You cant go wrong choosing this floorplan! Make The Aspen II your own with the many optional upgrades. If you fall in love with the interior, you will love the elevations on the exterior of this new build home!Entering off the front porch,

  Arbor Homes Builder

  4631 Jasper Ridge Blvd Unit 36446158, Indianapolis, IN 46235
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  /50

  $244,995

  New Construction

  • 3 Beds
  • 2 Baths
  • 1,354 Sq Ft

  Ashton Plan at Silver Stream, Indianapolis, IN 46235

  Picture yourself in The Ashton a flexible ranch-style floorplan by Arbor Homes! Starting at 1,356 square feet, The Ashton offers a split layout ideal for families or first-time homeowners. Featuring three bedrooms and two full baths, this home provides plenty of room to personalize with your choice of finishes and upgrades.Step inside from the inviting front porch to a bright, open layout. Two

  Arbor Homes Builder

  4631 Jasper Ridge Blvd Unit 36450049, Indianapolis, IN 46235
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  /26

  $394,995

  New Construction

  • 5 Beds
  • 3 Baths
  • 2,422 Sq Ft

  Hampshire Plan at Montgomery Woods, Indianapolis, IN 46239

  This first level of this two-story home offers a flex room as an ideal space for overnight stays. The Great Room, kitchen and dining room can also be found on the first floor, arranged in an expansive floorplan. Upstairs, all four bedrooms await, plus a loft offering additional living space for the entire family.

  Lennar Builder

  4436 Mendocino Blvd Unit 36041315, Indianapolis, IN 46239
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  /37

  $344,990

  New Construction $38K PRICE DROP

  • 3 - 4 Beds
  • 2 - 2.5 Baths
  • 2,439 Sq Ft

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

  The Cumberland by Fischer Homes offers a flexible and thoughtfully designed layout to suit modern living. The first floor features an open kitchen with a large pantry, optional island, and customizable morning room or family room configurations. Additional options include a first-floor guest suite, electric fireplace, and a 4x16 garage expansion. Upstairs, the home includes three bedrooms with a

  Fischer Homes Builder

  5250 Hickory Rd Unit 39100028, Indianapolis, IN 46239
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  /58

  $300,000

  • 2 Beds
  • 1 Bath
  • 960 Sq Ft

  5614 Rosslyn Ave, Indianapolis, IN 46220

  Paul Scherrer United Real Estate Indpls

  5614 Rosslyn Ave, Indianapolis, IN 46220
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  /38

  $321,490

  New Construction

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

  11641 Kylemore Dr, 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

  11641 Kylemore Dr, Indianapolis, IN 46235
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  /30

  $302,995

  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
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  /13

  $286,990

  New Construction

  • 2 Beds
  • 2.5 Baths
  • 1,716+ Sq Ft

  Dimora Plan at Sagebrook West - Villa Series, Indianapolis, IN 46239

  Welcome home to the Dimora, a brand new paired home design as part of our Villa Series. The standard layout of the home features two bedrooms and two and half bathrooms that includes a study, an open-concept gathering room and kitchen, a veranda, and two-car garage.

  M/I Homes Builder

  10715 Mangrove Dr Unit 36461238, Indianapolis, IN 46239
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  /16

  $329,990

  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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  /53

  $282,995

  New Construction

  • 3 Beds
  • 2.5 Baths
  • 1,963 Sq Ft

  Ironwood Plan at Grassy Creek South, Indianapolis, IN 46239

  Introducing the Ironwood by Arbor Homes where openness meets functionality in a thoughtfully designed floorplan.Step into a welcoming foyer with a convenient powder room near the front of the home. The garage includes built-in storage and direct access to the mudroom, perfect for stowing away sports gear or bikes during winter.The spacious great room is ideal for relaxing or entertaining guests,

  Arbor Homes Builder

  10909 Helmcrest Dr Unit 36447365, Indianapolis, IN 46239
• 

  

  /13

  $339,900

  New Construction $10K PRICE DROP

  • 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
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  /22

  $355,000

  $30K PRICE DROP

  • 5 Beds
  • 2.5 Baths
  • 3,061 Sq Ft

  8324 Fieldfare Way, Indianapolis, IN 46237

  Welcome to 8324 Fieldfare Way in Indianapolis, where contemporary design meets spacious everyday living. This beautifully maintained residence combines comfort, functionality, and style in one exceptional home. Designed with modern living in mind, the open-concept layout creates a seamless flow between the kitchen and living areas, making the home ideal for both entertaining and daily life. The

  Lamar Fain Redfin Corporation

  8324 Fieldfare Way, Indianapolis, IN 46237
• 

  

  /17

  $328,995

  New Construction $2K PRICE INCREASE

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

  Victoria Plan at Noble Heights - Carriage, Indianapolis, IN 46113

  This new two-story home design is the epitome of casual elegance. Off the foyer is a flex space well-suited for versatile needs, while further down the hallway is a spacious open-concept living area that’s fit for modern times. Tucked upstairs are all four bedrooms to provide residents with maximum privacy, plus a loft for extra entertainment space. Rounding out the owner’s suite are an attached

  Lennar Builder

  8813 Dingley Rd Unit 39891844, Indianapolis, IN 46113
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  /28

  $125,000

  $5K PRICE DROP

  • 1 Bed
  • 1 Bath
  • 847 Sq Ft

  3965 N Meridian St Unit 5E, Indianapolis, IN 46208

  Welcome to Unit 5E at 3965 N Meridian Street-an elegant and well-maintained condo located in one of Indianapolis' most desirable and historic corridors. This spacious unit offers a blend of classic charm and modern convenience, featuring generous living areas, abundant natural light, and timeless architectural details throughout. Enjoy a functional layout with comfortable living and dining

  Antwon Culbreath Redfin Corporation

  3965 N Meridian St Unit 5E, Indianapolis, IN 46208

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