Indianapolis, IN Homes for Sale under $400,000

• 

  

  

  /19

  $140,000

  $35K PRICE DROP

  • 3 Beds
  • 2 Baths
  • 1,272 Sq Ft

  2131 N Spencer Ave, Indianapolis, IN 46218

  REDUCED!!! Very cute 3 bedroom 2 bath home with nice hardwood floors in an upcoming neighborhood near Irvington. Nice primary bedroom with State Of The Art Shower! Lovely back splash and flooring to complement the kitchen. Very nice Original Hardwood Floors. Make haste to come view this nice home at a less than market value price! It won't last long!!!

  Sandra Daley Dal Sand

  2131 N Spencer Ave, Indianapolis, IN 46218
• 

  

  

  /26

  $240,000

  • 2 Beds
  • 2 Baths
  • 1,148 Sq Ft

  1667 Park Castle Way, Indianapolis, IN 46229

  Turn key in Park Valley Estates! No stone left unturned, this home has been expertly remodeled and is ready for you! You are welcomed by a freshly painted exterior offering superb curb appeal and a 2 car garage. Walk in and you are instantly impressed with the attention to detail throughout. The new LVP flooring is stylish and equally as durable! The kitchen has been opened up to the main living

  Joe Everhart Everhart Studio, Ltd.

  1667 Park Castle Way, Indianapolis, IN 46229
• 

  

  

  /16

  $199,000

  Open Tue 9AM - 7PM $3K PRICE DROP

  • 4 Beds
  • 2 Baths
  • 1,342 Sq Ft

  2310 Calhoun St, Indianapolis, IN 46203

  Explore 2310 Calhoun St, a residence arranged for everyday practicality and ease of living. The kitchen is equipped with all stainless steel appliances, enhancing daily routines. An outdoor deck provides space for enjoyment, complemented by a convenient storage shed and a fully fenced in backyard for functional outdoor use. This property blends modern function with ideal outdoor areas.. Included

  Shelby Farrar Opendoor Brokerage LLC

  2310 Calhoun St, Indianapolis, IN 46203
• 

  

  

  /33

  $195,000

  $10K PRICE DROP

  • 3 Beds
  • 2 Baths
  • 1,554 Sq Ft

  4004 E Michigan St, Indianapolis, IN 46201

  Price Improved! Welcome home to this beautifully updated 3 bedroom, 2 full bath home in Tuxedo Park, ideally located just minutes from Irvington, downtown Indianapolis, local restaurants, shopping, and entertainment. Blending character with modern updates, this move in ready home offers a flexible floor plan, spacious living areas, and thoughtful improvements throughout. Inside you'll find fresh

  Andrea Metcalf F.C. Tucker Company

  4004 E Michigan St, Indianapolis, IN 46201
• 

  

  

  /25

  $339,000

  New Construction

  • 3 Beds
  • 2 Baths
  • 1,503 Sq Ft

  Harmony Plan at Edgewood Farms, Indianapolis, IN 46239

  Discover the Harmony floor plan by D.R. Horton, America’s Builder—a masterfully designed single-level residence that seamlessly blends modern functionality with timeless style. This thoughtfully crafted home offers three spacious bedrooms and two full bathrooms within a bright, open-concept living environment, perfect for both daily routines and effortless entertaining. As you step inside, you

  D.R. Horton Builder

  9102 Blunt Ave Unit 36206444, Indianapolis, IN 46239
• 

  

  /20

  $169,900

  • 3 Beds
  • 1 Bath
  • 1,036 Sq Ft

  1170 N Concord St, Indianapolis, IN 46222

  Move-in ready home with great potential! This property offers a comfortable layout and is ready for its new owner. Only minor cosmetic updates are needed to make it truly shine. A wonderful opportunity for homeowners or investors looking for a solid property with room to add personal touches. Conveniently located near local amenities, schools, and major roadways. Seller willing to provide some

  Dennis Soriano eXp Realty, LLC

  1170 N Concord St, Indianapolis, IN 46222
• 

  

  /21

  $120,000

  $20K PRICE DROP

  • 4 Beds
  • 2 Baths

  409 N Centennial St, Indianapolis, IN 46222

  INVESTOR SPECIAL!!! The newest cash flowing duplex just hit the market. Each side is equipped with 2 bedrooms, dining room, and laundry hookups. Updated flooring lets new tenant move right in. On the other side, long term tenants give you peace of mind. Tenants right apply; please do not disturb tenants if passing by. With one side vacant, this give any buyer the opportunity to live in one side

  Ali Rahimi Trueblood Real Estate

  409 N Centennial St, Indianapolis, IN 46222
• 

  

  /46

  $299,000

  $17K PRICE DROP

  • 3 Beds
  • 3 Baths
  • 1,672 Sq Ft

  1338 E Minnesota St, Indianapolis, IN 46203

  Discover a timeless residence just minutes from downtown and a short walk to the heart of Fountain Square. Offering approximately 1,700 finished square feet, this charming bungalow blends historic character with modern updates in one of Indianapolis' most vibrant neighborhoods. The home's open-concept kitchen and living area serve as its centerpiece, featuring a functional island with sink-ideal

  Kevin Kervan JBG, Inc.

  1338 E Minnesota St, Indianapolis, IN 46203
• 

  

  /8

  $112,000

  $11K PRICE DROP

  • 2 Beds
  • 1 Bath
  • 1,554 Sq Ft

  1334 Calhoun St, Indianapolis, IN 46203

  RENTED FOR $1,150/MONTH, this property offers an investor instant cash flow on day one. This 2-bed/1-bath home features a detached garage - a rare find at this price point - with easy I-65 access putting downtown Indianapolis just minutes away. Lease runs through July 2026.

  Max Moore @properties

  1334 Calhoun St, Indianapolis, IN 46203
• 

  

  /7

  $380,990

  New Construction

  • 4 - 6 Beds
  • 2.5 - 4.5 Baths
  • 3,034+ Sq Ft

  Everly Plan at Hickory Run - 40' Smart Series, Indianapolis, IN 46239

  The Everly is a spacious and versatile 2-story home offering 4–6 bedrooms, 2.5–4.5 bathrooms, and over 3,000 square feet of thoughtfully designed living space. From open gathering areas to private retreats, every detail is crafted to suit your lifestyle.

  M/I Homes Builder

  10103 Bitternut Run Unit 37803104, Indianapolis, IN 46239
• 

  

  /47

  $260,000

  $5K PRICE DROP

  • 3 Beds
  • 2 Baths
  • 1,421 Sq Ft

  1918 E 68th St, Indianapolis, IN 46220

  Back on the market at no fault of the Seller! 3 bed, 2 bath home located just north of Broad Ripple and move in ready for its next owner. This home offers comfortable living spaces, a functional layout, and the peace of mind that comes with several major updates already completed. Recent improvements include a new roof in 2020, windows on main level 2020, new HVAC system in 2023, new tie-in to

  Sara Westrich Carpenter, REALTORS®

  1918 E 68th St, Indianapolis, IN 46220
• 

  

  /18

  $144,900

  • 2 Beds
  • 1 Bath
  • 999 Sq Ft

  4933 E 39th St, Indianapolis, IN 46226

  Welcome home to this charming 3-bedroom, 1-bathroom brick ranch in Washington Township! Step inside to a spacious living room featuring classic hardwood flooring that flows seamlessly into the light-filled, eat-in kitchen. This move-in-ready property offers comfortable living with central air and cozy, carpeted bedrooms. Outside, enjoy a sizable, partially fenced backyard-perfect for outdoor

  Samuel Nieves-Montanez Trelora Realty

  4933 E 39th St, Indianapolis, IN 46226
• 

  

  /20

  $145,000

  • 3 Beds
  • 1 Bath
  • 946 Sq Ft

  3743 Crescent Ave, Indianapolis, IN 46208

  Charming 3 bedroom 1 bath home perfect for a first time homebuyer or investment opportunity! Centrally and conveniently located close to downtown, this property offers comfortable living space with great potential. Currently tenant-occupied, it provides immediate rental income for investors. A great opportunity to addition your portfolio or make your own home in desirable location close to

  Awett Tedla F.C. Tucker Company

  3743 Crescent Ave, Indianapolis, IN 46208
• 

  

  /12

  $124,900

  $4K PRICE DROP

  • 3 Beds
  • 1 Bath
  • 1,036 Sq Ft

  2964 E 42nd St, Indianapolis, IN 46205

  Great investment opportunity for investor or owner occupant. Nice size living room with fireplace, formal dining room and a bonus room with lots of windows that can be used as a den/library. Nice size lot in a great neighborhood. Home is sold ASIS and does need work. Home is Broker owned.

  Tim Bradley Discover Properties, LLC

  2964 E 42nd St, Indianapolis, IN 46205
• 

  

  /33

  $307,500

  $8K PRICE DROP

  • 3 Beds
  • 2 Baths
  • 1,635 Sq Ft

  8842 Kipling Dr, Indianapolis, IN 46239

  Now offered with a compelling PRICE IMPROVEMENT, this meticulously crafted ranch provides an exceptional opportunity to own a high-quality home at a value that outpaces local new construction. Just minutes from shopping, dining, schools, and highways, this home is central to everything that Franklin Township has to offer! Featuring an inviting open-concept layout with 9-foot ceilings, graceful

  Rachael Burt Compass Indiana, LLC

  8842 Kipling Dr, Indianapolis, IN 46239
• 

  

  /27

  $335,000

  $20K PRICE DROP

  • 4 Beds
  • 3 Baths
  • 3,040 Sq Ft

  11654 Eldridge Dr, Indianapolis, IN 46235

  Located in the desirable Quail Point at Winding Ridge community, this spacious 2 story home offers over 3,000 sqft of comfortable living space with 4 bedrooms, 3 full bathrooms, and an upstairs loft. Inside you will find new laminate hardwood flooring throughout the main level, formal living and dining rooms, and a private office with double doors. The open concept kitchen features laminate

  Evona Watson Triple E Realty, LLC

  11654 Eldridge Dr, Indianapolis, IN 46235
• 

  

  /29

  $299,900

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

  9114 Grinnell St, Indianapolis, IN 46268

  Welcome home to this beautiful 3-bedroom, 2.5-bath condo offering the perfect blend of comfort, style, and convenience. The spacious floor plan features multiple bright and inviting living areas, ideal for both everyday living and entertaining guests. The well-appointed kitchen boasts ample cabinetry, generous counter space, and a seamless flow into the dining area which has access to one of two

  Caiti Killingbeck Real Broker, LLC

  9114 Grinnell St, Indianapolis, IN 46268
• 

  

  /37

  $400,000

  Open Sat 12PM - 2PM

  • 4 Beds
  • 2.5 Baths
  • 3,076 Sq Ft

  8250 Carloway Rd, Indianapolis, IN 46236

  Step into this stunning 4 bedroom, 2.5 bathroom boasting 3,000 square feet of beautifully designed living space. The main level features an inviting living room that flows seamlessly into a formal dining room, where an elegant tray ceiling adds a touch of architectural grandeur to your dinner parties. Beautifully appointed kitchen comes fully equipped with all stainless steel appliances included.

  Shamika Myers F.C. Tucker Company

  8250 Carloway Rd, Indianapolis, IN 46236
• 

  

  /46

  $224,900

  $15K PRICE DROP

  • 2 Beds
  • 2 Baths
  • 1,746 Sq Ft

  25 E Minnesota St, Indianapolis, IN 46225

  Charming bungalow style home in the Old Southside! This nicely updated 2 bed 2 bath home features a main floor bedroom, spacious living room, exposed brick, and tall ceilings! Kitchen features stainless steel appliances. Upstairs has a spacious primary suite. The fenced in back yard is a great space. This home also features a 2 car garage which is hard to come by in the area. Great location to

  Terry Brown CENTURY 21 Scheetz

  25 E Minnesota St, Indianapolis, IN 46225
• 

  

  /24

  $212,000

  $8K PRICE DROP

  • 3 Beds
  • 2 Baths
  • 1,576 Sq Ft

  7727 Alapaka Ct, Indianapolis, IN 46217

  Make this YOUR opportunity to create the home you want! 3 beds/2 baths, nearly 1,600 sf, large 2 car garage, spacious backyard and NO HOA. Bring your vision and tools to make this home great! Great location with easy access to highways, shopping, dining, schools, parks and more! Homes like this don't come around often. Full of potential and ready for your finishing touches! Priced accordingly.

  Uk Mang Keller Williams Indy Metro Partners

  7727 Alapaka Ct, Indianapolis, IN 46217
• 

  

  /7

  $139,900

  $30K PRICE DROP

  • 3 Beds
  • 2 Baths
  • 1,372 Sq Ft

  1613 Draper St, Indianapolis, IN 46203

  This property needs some renovations and your touch! Are you the right investor to come and bring this property up to value and reap all the benefits?

  Mike Scott Scott Estates

  1613 Draper St, Indianapolis, IN 46203
• 

  

  /27

  $243,000

  $8K PRICE INCREASE

  • 2 Beds
  • 1 Bath
  • 816 Sq Ft

  4723 Evanston Ave, Indianapolis, IN 46205

  Price adjustment! Welcome to this moveinready bungalow in the heart of SoBro, one of Indianapolis' most exciting and fast growing neighborhoods. This home is ideally located between the Monon Trail and the Nickel Plate Trail-offering some of the best biking, walking, and outdoor access in the city. The fully renovated 2bedroom, 1bath interior features brand new Pergo flooring throughout, recessed

  Amy Barbar F.C. Tucker Company

  4723 Evanston Ave, Indianapolis, IN 46205
• 

  

  /20

  $134,900

  • 4 Beds
  • 2 Baths
  • 1,344 Sq Ft

  2615 Collier St, Indianapolis, IN 46241

  This spacious 4-bedroom, 2-bath home offering comfort, updates, and investment potential. A large covered front porch, perfect for relaxing and enjoying the outdoors. Inside, you'll find updated flooring in the living room and kitchen, along with updated kitchen cabinets. The large laundry room is an added convenience. Additional features include a 1-car detached garage, newer furnace, water

  Connie Jurey House Smart Realty, LLC

  2615 Collier St, Indianapolis, IN 46241
• 

  

  /22

  $230,000

  • 3 Beds
  • 2 Baths

  2356 Columbia Ave, Indianapolis, IN 46205

  Don't miss this incredible, income-generating double, fully updated and ready for your portfolio from Day 1! Each side of this spacious duplex features 3 bedrooms and 2 full bathrooms, offering strong rental appeal and excellent market yields. Whether you are looking for a pure cash-flowing asset or a prime house-hacking opportunity to live in one side and let the neighbor pay your mortgage, this

  Patrick McNeill Ask Pat About Real Estate

  2356 Columbia Ave, Indianapolis, IN 46205
• 

  

  /43

  $340,000

  $10K PRICE DROP

  • 3 Beds
  • 2 Baths
  • 1,925 Sq Ft

  1606 English Ave, Indianapolis, IN 46201

  ***SELLER OFFERING CONECESSIONS FOR BUY DOWN OF INTEREST RATE*** Completely remodeled in 2024/25, this three-bedroom, two-bath home blends classic Indianapolis craftsmanship with today's premium upgrades. The kitchen stands as the center of the home - custom cabinetry, a modern waterfall faucet, and a full workstation sink kit designed for daily usefulness as well as weekend cooking. Both baths

  Vicki Reed Keller Williams Indy Metro NE

  1606 English Ave, Indianapolis, IN 46201
• 

  

  /67

  $369,900

  $10K PRICE DROP

  • 3 Beds
  • 2.5 Baths
  • 2,816 Sq Ft

  7633 Singleton St, Indianapolis, IN 46227

  Beautifully updated home in the heart of Indianapolis! This move-in ready property features a newer gas stove, newer flooring in the living room and bedrooms, and a spacious, functional layout filled with natural light. The kitchen offers plenty of cabinets and counter space, perfect for everyday living and entertaining. The home includes multiple bonus rooms, with one on the main level and

  LingLing Hu Keller Williams Indy Metro Partners

  7633 Singleton St, Indianapolis, IN 46227
• 

  

  /47

  $295,000

  $4K PRICE DROP

  • 2 Beds
  • 2 Baths
  • 1,335 Sq Ft

  549 Fletcher Ave Unit 1, Indianapolis, IN 46203

  Experience the perfect blend of downtown energy and neighborhood charm in this main-level condo in historic Fletcher Place! Raised ceilings and hardwood floors create a cohesive and spacious feel. The large living room invites you to relax by the gas fireplace, while stunning new French doors open to an oversized covered porch - ideal for morning coffee, evening unwinding, or people-watching. The

  Chanda Johnson Maywright Property Co.

  549 Fletcher Ave Unit 1, Indianapolis, IN 46203
• 

  

  /55

  $355,000

  $10K PRICE DROP

  • 3 Beds
  • 2 Baths

  17 Parkview Ave, Indianapolis, IN 46201

  Calling all investors or buyers looking to live conveniently next to an income-producing property! This duplex on a single parcel offers a rare opportunity to build wealth with flexible living and income-producing options. Each side features 3 bedrooms and 2 full bathrooms, providing spacious layouts that appeal to both owner-occupants and tenants alike. Whether you choose to live in one unit

  Ashley Marino Berkshire Hathaway HomeServices

  17 Parkview Ave, Indianapolis, IN 46201
• 

  

  /4

  $124,900

  $45K PRICE DROP

  • 1 Bed
  • 1 Bath

  767 N Elder Ave, Indianapolis, IN 46222

  Great investment opportunity at 767-769 N Elder Ave. This property is a fantastic opportunity for an investor or buyer looking to renovate and make it their own. The sale also includes the adjacent vacant lot at 763 N Elder Avenue, providing additional possibilities for expansion, development, or added outdoor space. Property is being sold as-is.

  Jasmine Tracy BHB Real Estate Group

  767 N Elder Ave, Indianapolis, IN 46222
• 

  

  /26

  $195,000

  • 3 Beds
  • 2 Baths
  • 1,054 Sq Ft

  969 N Pershing Ave, Indianapolis, IN 46222

  Presenting an exceptional opportunity at 969 N Pershing, INDIANAPOLIS, IN, USA. Steps from 16-Tech and downtown Indy. This 1920 single-family residence, spanning almost 1100 square feet, offers a ready-to-move-in and inviting home environment, meticulously prepared for immediate occupancy. The bungalow-style exterior of this one-story residence provides a classic aesthetic, complemented by a

  Canyce Lane Keller Williams Indy Metro NE

  969 N Pershing Ave, Indianapolis, IN 46222
• 

  

  /35

  $175,000

  $23K PRICE DROP

  • 3 Beds
  • 1.5 Baths
  • 1,200 Sq Ft

  1925 N Oxford St, Indianapolis, IN 46218

  Welcome to 1925 N Oxford St. This charming residence features a perfect blend of modern amenities and classic appeal, making it an ideal choice for homebuyers. Key Features include: 3 Bedrooms, 1.5 Bathrooms, a flex space: An additional area that can serve as a home office, playroom, or den, providing flexibility to suit your lifestyle and an Enclosed Sunroom: Enjoy morning coffee or relax in the

  Vanetta Rogers BLK Key Realty

  1925 N Oxford St, Indianapolis, IN 46218
• 

  

  /25

  $385,000

  $15K PRICE DROP

  • 3 Beds
  • 3 Baths
  • 1,988 Sq Ft

  4616 N Pennsylvania St, Indianapolis, IN 46205

  Discover this timeless townhome tucked into a much sought after address in Indianapolis close to shopping and restaurants. Built in 1923, this attractive property spans 1512 square feet on two levels and includes a basement offering a unique blend of historical charm and comfortable living. The exterior of this home showcases a distinctive architectural style, drawing inspiration from both

  Luanna Albrecht eXp Realty, LLC

  4616 N Pennsylvania St, Indianapolis, IN 46205
• 

  

  /32

  $247,500

  $3K PRICE DROP

  • 3 Beds
  • 2 Baths
  • 1,308 Sq Ft

  7433 Redcliff Rd, Indianapolis, IN 46256

  MOVE IN READY two-story home featuring 3 bedrooms, 2.5 bathrooms, and a 2-car garage with a functional and inviting layout. The main living area offers a comfortable space for relaxing or entertaining, while the kitchen provides ample cabinet and counter space and opens to the dining and living areas for easy everyday living. The primary suite includes a private bathroom and generous closet

  Teresa Homan Mainstay Brokerage LLC

  7433 Redcliff Rd, Indianapolis, IN 46256
• 

  

  /31

  $220,000

  • 3 Beds
  • 1 Bath
  • 1,064 Sq Ft

  3460 Pleasant Creek Dr, Indianapolis, IN 46227

  Welcome home to this charming, move-in ready property nestled on nearly half an acre! With over 1,000 square feet of thoughtfully updated living space, this home offers the perfect blend of comfort, style, and functionality. Step inside to find fresh interior paint, beautiful new luxury vinyl plank flooring throughout, updated lighting, new blinds, and a bright, inviting atmosphere that feels

  Angela Young RE/MAX Advanced Realty

  3460 Pleasant Creek Dr, Indianapolis, IN 46227
• 

  

  /4

  $125,000

  • 4 Beds
  • 1.5 Baths
  • 1,296 Sq Ft

  9701 Ellis Ct, Indianapolis, IN 46235

  Investor special and value-add opportunity in the heart of Indianapolis' Far Eastside! This 4-bedroom, 2-bath single-family home offers approximately 1,296 sq ft of living space and is ready for its next chapter. Property is being sold strictly AS-IS, with no repairs or warranties provided by the seller-ideal for investors, rehabbers, or buyers looking to customize and build equity.

  Isabella Frazier Trelora Realty

  9701 Ellis Ct, Indianapolis, IN 46235
• 

  

  /38

  $270,000

  • 4 Beds
  • 2.5 Baths
  • 1,885 Sq Ft

  3837 Bressingham Dr, Indianapolis, IN 46235

  Get ready to fall head over heels for this one! This traditional style has the largest floorplan in the neighborhood and is in great condition, it practically winks at you from the curb. And directly across the street from the neighborhood playground . Then, step into the heart of the home, where the kitchen is ready for your culinary adventures. Complete with new appliances, granite countertops,

  Frederick Catron F.C. Tucker Company

  3837 Bressingham Dr, Indianapolis, IN 46235
• 

  

  /19

  $209,900

  $30K PRICE DROP

  • 4 Beds
  • 1 Bath
  • 1,562 Sq Ft

  6330 E Raymond St, Indianapolis, IN 46203

  Price Improvement! Welcome to this move-in ready ranch home in Indianapolis, now competitively priced at $239,900. Situated on over half an acre, this well-maintained property offers the perfect blend of comfort, functionality, and outdoor space with no HOA restrictions. Featuring approximately 1,550 sq. ft., this 4-bedroom, 1-bath home includes a versatile layout ideal for first-time homebuyers,

  Victoria Pina Keller Williams Indpls Metro N

  6330 E Raymond St, Indianapolis, IN 46203
• 

  

  /5

  $119,900

  • Land
  • 9,583 Sq Ft
  • $545,000 per Acre

  3419 N College Ave, Indianapolis, IN 46205

  Looking for an opportunity to invest in downtown Indianapolis? Look no further, discover endless possibilities with this newly listed 9,583 sq ft lot at 3419 North College Ave, Indy. Comes with architecture plans for modern duplex. Your future starts here! Seller financing available.

  Adriana Perez CENTURY 21 Scheetz

  3419 N College Ave, Indianapolis, IN 46205
• 

  

  /25

  $195,000

  $15K PRICE DROP

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

  644 Marion Ave, Indianapolis, IN 46221

  Step inside to a spacious open-concept living area, ideal for entertaining or relaxed evenings at home. The updated kitchen flows effortlessly into the main gathering space, while three well-sized bedrooms and two full baths. A versatile bonus room adapts easily to your needs-think home office, playroom, or creative studio. The finished garage expands your options even further, serving as the

  Adriana Perez CENTURY 21 Scheetz

  644 Marion Ave, Indianapolis, IN 46221
• 

  

  /31

  $124,900

  $15K PRICE DROP

  • 2 Beds
  • 1 Bath
  • 912 Sq Ft

  1119 Waldemere Ave, Indianapolis, IN 46241

  An inviting home awaits at 1119 Waldemere AVE, INDIANAPOLIS, IN, USA, presenting itself in a ready-to-move-in condition for its fortunate new occupants. This single family residence, constructed in 2005, offers a comfortable and modern living experience. The heart of this residence embraces an open floor plan, creating an expansive atmosphere for daily living and enjoyment. Within this welcoming

  Isabella Frazier Trelora Realty

  1119 Waldemere Ave, Indianapolis, IN 46241

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