Indianapolis, IN Homes for Sale under $400,000

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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
• 

  

  

  /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
• 

  

  

  /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
• 

  

  /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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  /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
• 

  

  /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
• 

  

  /14

  $322,990

  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
• 

  

  /52

  $268,995

  New Construction

  • 3 Beds
  • 2.5 Baths
  • 1,760 Sq Ft

  Juniper Plan at Grassy Creek South, Indianapolis, IN 46239

  Introducing The Juniper one of Arbor Homes newest two-story floorplans, offering beautiful exterior designs and flexible options to make it uniquely yours. Choose from multiple upgrades, add a basement for extra space, or expand your great room with a 2 rear and side extension. You can even add a third-car garage for more storage.Step inside to a welcoming hallway and convenient powder bath

  Arbor Homes Builder

  10909 Helmcrest Dr Unit 36501124, Indianapolis, IN 46239
• 

  

  /13

  $314,990

  New Construction

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

  Sawyer Plan at Grayson, Indianapolis, IN 46239

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

  M/I Homes Builder

  7311 Waylon Way Unit 36147861, Indianapolis, IN 46239
• 

  /2

  $334,990

  New Construction

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

  5502 Aspen Wood Ln, Indianapolis, IN 46239

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

  M/I Homes Builder

  5502 Aspen Wood Ln, Indianapolis, IN 46239
• 

  

  /31

  $292,190

  New Construction

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

  11707 Everland Place, 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

  11707 Everland Place, Indianapolis, IN 46235
• 

  

  /19

  $349,601

  New Construction

  • 4 Beds
  • 3 Baths
  • 2,170 Sq Ft

  8420 Grand Appaloosa Way, Indianapolis, IN 46239

  Eagle Manor is a new collection of brand-new single-family homes coming soon to Indianapolis, IN. Residents will enjoy access to onsite amenities, including a playground, picnic areas and bocce ball court. The community is located near downtown Indianapolis, providing convenient access to the best of local shopping, dining and entertainment. There are over 200 local parks, making it easy to enjoy

  Erin Hundley Compass Indiana, LLC

  8420 Grand Appaloosa Way, Indianapolis, IN 46239
• 

  

  /12

  $380,990

  New Construction $32K PRICE DROP

  • 3 - 4 Beds
  • 2 - 3 Baths
  • 1,621+ Sq Ft

  Magnolia Plan at Designer Collection in Emerald Preserve, Indianapolis, IN 46239

  The Magnolia by Fischer Homes offers a versatile and inviting design with three bedrooms and the option to convert the third bedroom into a private study. The open family room, with an optional fireplace, creates a cozy gathering space, while the kitchen flows seamlessly into the morning room, which can be expanded for additional space. The owners suite features a walk-in closet and the option to

  Fischer Homes Builder

  5250 Hickory Rd Unit 39100024, Indianapolis, IN 46239
• 

  

  /16

  $359,990

  New Construction

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

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

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

  M/I Homes Builder

  10715 Mangrove Dr Unit 36459194, Indianapolis, IN 46239
• 

  

  /35

  $220,000

  • 2 Beds
  • 1 Bath
  • 1,006 Sq Ft

  1342 N Oakland Ave, Indianapolis, IN 46201

  Welcome home to this charming 2-bedroom, 1-bath shotgun-style bungalow nestled in the heart of Indianapolis! This inviting one-level home offers an open, airy floor plan that creates a seamless flow between the living room, dining area, and kitchen-making it easy to stay connected with family and guests while preparing meals. The updated kitchen features newer appliances, modern touches, and a

  Jim Gilday eXp Realty, LLC

  1342 N Oakland Ave, Indianapolis, IN 46201
• 

  

  /5

  $333,990

  New Construction

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

  Ashton Plan at Hickory Run - 40' Smart Series, 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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  /39

  $395,000

  $15K PRICE DROP

  • 4 Beds
  • 3 Baths
  • 3,412 Sq Ft

  7322 Fields Dr, Indianapolis, IN 46239

  Beautifully maintained and move-in ready, this spacious Franklin Township home offers more than 3,400 square feet of comfortable, flexible living space with 4 bedrooms, 3 full bathrooms, and the potential for a 5th bedroom. Set on a premium lot with peaceful water and nature views, this home has been thoughtfully cared for over the years and offers the updates, layout, and setting buyers are

  Sally Webb Willow Realty, LLC

  7322 Fields Dr, Indianapolis, IN 46239
• 

  

  /42

  $295,000

  New Construction

  • 3 Beds
  • 2.5 Baths
  • 2,056 Sq Ft

  Courtyard 2056 Plan at The Reserve, Indianapolis, IN 46239

  Explore the possibilities with this versatile floor plan! Step through the covered porch and into the foyer to find a convenient flex room on one side and a two-car garage and powder room on the other. Continue to discover open-concept living at its finest: a spacious great room opens to a kitchen, breakfast nook, and lovely covered patio, bringing the outdoors in. Nestled to one side of the

  Taylor Morrison Builder

  1017 Grassy Branch Dr Unit 37046127, Indianapolis, IN 46239
• 

  

  /29

  $257,600

  • 3 Beds
  • 2 Baths
  • 1,438 Sq Ft

  5848 Jackie Ln, Indianapolis, IN 46221

  Welcome to 5848 Jackie LN, a ready-to-move-in single-family residence. Built in 2005, this inviting ranch-style home offers 1,438 square feet of living space, providing a comfortable and contemporary foundation for your next chapter. The heart of this home is its open-plan kitchen, seamlessly integrating with the living room. It's designed for effortless entertaining and everyday living,

  David Charles REMAX ONE

  5848 Jackie Ln, Indianapolis, IN 46221
• 

  

  /63

  $269,900

  $10K PRICE DROP

  • 3 Beds
  • 1.5 Baths
  • 1,638 Sq Ft

  923 S State Ave, Indianapolis, IN 46203

  Located in the heart of Fountain Square, one of Indianapolis's most sought-after and vibrant neighborhoods, this charming 3-bedroom, 1.5-bath multi-level traditional American town home offers the perfect blend of character, convenience, and income potential. Step inside to discover a warm and inviting layout designed for both everyday living and entertaining. The home features boutique-style

  Jim Gilday eXp Realty, LLC

  923 S State Ave, Indianapolis, IN 46203
• 

  

  /39

  $250,000

  • 2 Beds
  • 2.5 Baths
  • 1,245 Sq Ft

  50 E Palmer St, Indianapolis, IN 46225

  Welcome to this meticulously renovated and fully move-in ready home located at 50 E Palmer St, situated in the highly sought-after Near Southside and Bates-Hendricks area of downtown Indianapolis. Priced to sell at just $250k, this attached single-family home operates with the complete independence of a detached home, boasting entirely separate water lines and utilities alongside a

  Robyn Breece @properties

  50 E Palmer St, Indianapolis, IN 46225
• 

  

  /48

  $294,995

  New Construction

  • 4 Beds
  • 2.5 Baths
  • 2,343 Sq Ft

  Spruce Plan at Grassy Creek South, Indianapolis, IN 46239

  As you step through the large open foyer of the Spruce, you will quickly understand why this has become Arbor's top selling floorplan. With plenty of options, this floorplan allows you to experience flexibility without the price tag. With the versatility to become a 3, 4 or even 5 bedroom home - you can really transform the Spruce into your ideal home based on your needs and lifestyle. Not only

  Arbor Homes Builder

  10909 Helmcrest Dr Unit 36458333, Indianapolis, IN 46239
• 

  

  /11

  $365,990

  New Construction $46K PRICE DROP

  • 4 - 5 Beds
  • 2.5 - 3.5 Baths
  • 3,135+ Sq Ft

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

  The Breckenridge by Fischer Homes offers a spacious and customizable design for modern living. The main level features an open kitchen with a walk-in pantry and options for a kitchen island, morning room expansion, and various door and window configurations. Additional options include a study, electric or internal fireplace with a hearth, and a built-in bench with storage in the family foyer.

  Fischer Homes Builder

  5250 Hickory Rd Unit 39100027, Indianapolis, IN 46239

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