Indianapolis, IN Homes for Sale under $500,000

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  /31

  $444,444

  $5K PRICE DROP

  • 6 Beds
  • 1 Bath

  1743 S Meridian St, Indianapolis, IN 46225

  Situated at 1743 S Meridian ST, INDIANAPOLIS, IN, USA, this FURNISHED distinguished triplex residence presents itself in great condition, offering an attractive property that invites exploration. The heart of this residence features a meticulously appointed culinary space, where a generously sized kitchen island provides an ideal surface for both preparation and casual gatherings, beautifully

  

  Nathaniel Cromlich

  CENTURY 21 Scheetz

  (463) 252-3449

  1743 S Meridian St, Indianapolis, IN 46225
• Explore Indianapolis

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  /52

  $499,900

  $500K PRICE INCREASE

  • 3 Beds
  • 3 Baths
  • 1,840 Sq Ft

  10540 Mcpherson St, Indianapolis, IN 46280

  Tucked in a prime location in Carmel & served by the Carmel Clay Schools, this fully updated 3BR, 3BA offers the perfect blend of timeless character, modern luxury, & a 6ft. privacy-fenced yard, perfect for pets, entertaining, or simply enjoying your own private outdoor retreat. Completely reimagined down to the studs w/new floor joists, sub floors, & structural reinforcement guided by a

  

  Linda May

  F.C. Tucker Company

  (463) 273-3146

  10540 Mcpherson St, Indianapolis, IN 46280
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  /54

  $450,000

  • 4 Beds
  • 2.5 Baths
  • 2,995 Sq Ft

  9348 Stones Ferry Way, Indianapolis, IN 46278

  If you've been looking for a home that handles the "boring adult stuff" while giving you the "fun lifestyle stuff," welcome to your finish line. This 4-bedroom, 2.5-bath Pike Township powerhouse manages to be both a turnkey sanctuary and a creative playground. Before we talk about the vibes, let's talk about the vitals. Newer Roof & Windows, keep the Indiana weather where it belongs-outside.

  

  Scott White

  @properties

  (317) 820-2524

  9348 Stones Ferry Way, Indianapolis, IN 46278
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  /36

  $445,000

  • 4 Beds
  • 2.5 Baths
  • 2,873 Sq Ft

  9426 Orchard Cove Dr, Indianapolis, IN 46239

  

  Harjot Suri

  Midland Realty Group, Inc.

  (463) 292-0416

  9426 Orchard Cove Dr, Indianapolis, IN 46239
• 

  

  

  /54

  $475,000

  • 4 Beds
  • 2.5 Baths
  • 3,966 Sq Ft

  4735 Corydon Ln, Indianapolis, IN 46239

  Beautifully maintained two-story home offering the perfect blend of space, comfort, and natural surroundings. Situated on a wooded lot with mature trees and evergreens, this property provides a private, peaceful setting that truly feels like your own retreat. Step outside to enjoy the custom elevated deck-ideal for morning coffee, evening relaxation, or entertaining guests while taking in the

  

  Don Wilder

  Berkshire Hathaway Home

  (317) 863-9488

  4735 Corydon Ln, Indianapolis, IN 46239
• 

  

  /23

  $419,900

  • 4 Beds
  • 2.5 Baths
  • 2,652 Sq Ft

  7140 Avalon Trail Dr, Indianapolis, IN 46250

  7140 Avalon Trail Drive is a fully renovated, 2652 square foot home with 4 OVERSIZED bedrooms, 2.5 updated bathrooms and a 0.4 acre fully fenced back yard. Besides the modern aesthetics and amazing floor plan, you have peace of mind knowing that the roof was replaced in 2022 and the HVAC in 2024. There are other updates, like high-end LVP in a natural wood tone throughout the main level, new

  

  Elizabeth Ewbank

  Highgarden Real Estate

  (463) 223-3731

  7140 Avalon Trail Dr, Indianapolis, IN 46250
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  /10

  $432,990

  New Construction $1K PRICE INCREASE

  • 4 Beds
  • 3.5 Baths
  • 2,620 Sq Ft

  7326 Leatherwood Dr, Indianapolis, IN 46259

  The Rushmore two-story single-family home offers open-concept living with thoughtful storage throughout. Each bedroom features its own walk-in closet, while the primary suite includes two for added convenience. An oversized kitchen pantry makes meal prep easy, and garage storage ensures space for bikes, gear, and more.

  

  Beazer Homes

  Builder

  7326 Leatherwood Dr, Indianapolis, IN 46259
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  /17

  $475,990

  New Construction $1K PRICE INCREASE

  • 5 Beds
  • 3.5 Baths
  • 3,170 Sq Ft

  7432 Leatherwood Dr, Indianapolis, IN 46259

  The Washington single-family plan offers a spacious two-story layout with an open-concept kitchen and living area designed for quality time with family. A main-floor bedroom and full bath provide a private retreat for guests or in-laws, making hosting both comfortable and convenient.

  

  Beazer Homes

  Builder

  7432 Leatherwood Dr, Indianapolis, IN 46259
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  /38

  $473,900

  • 5 Beds
  • 3 Baths
  • 3,170 Sq Ft

  7450 Leatherwood Dr, Indianapolis, IN 46259

  Impeccably maintained 2024 Beazer Homes residence in Crossroads at Southport, showcasing true pride of ownership and thoughtful upgrades well beyond typical builder finishes. This five-bedroom, three-bath home offers refined design, abundant storage, and light-filled interiors that create a warm yet elevated living experience. The open-concept main level is both inviting and functional, anchored

  

  Jerry Gemmecke

  F.C. Tucker Company

  (317) 458-9191

  7450 Leatherwood Dr, Indianapolis, IN 46259
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  /61

  $499,900

  $20K PRICE DROP

  • 2 Beds
  • 2.5 Baths
  • 1,681 Sq Ft

  355 E Ohio St Unit 309, Indianapolis, IN 46204

  Welcome to downtown Indianapolis living, elevated to pure magic! This stunning two-story penthouse at The Hudson blends sleek modern luxury with the electric pulse of urban adventure. Step outside your door and dive into the vibrant heartbeat of the city: stroll mere moments to the eclectic buzz of Mass Ave with its world-class dining and nightlife, the innovative foodie paradise of Bottleworks

  Robert Lappin

  Circle 8, LLC

  (317) 659-9767

  355 E Ohio St Unit 309, Indianapolis, IN 46204
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  /42

  $500,000

  • 2 Beds
  • 2 Baths
  • 1,669 Sq Ft

  319 E 16th St Unit 302, Indianapolis, IN 46202

  LUXURY CONDO IN OLD NORTHSIDE | Welcome to UNIT 302, a beautifully designed 2-bedroom, 2-bath condo featuring soaring ceilings, warm hardwoods, and sleek contemporary finishes. The private north-facing balcony overlooks the 16th Street and Herron Morton neighborhood. Thoughtfully designed open living, kitchen, and dining spaces make entertaining effortless. The primary suite boasts a spa-like

  

  Jess Martin

  Maywright Property Co.

  (317) 676-7947

  319 E 16th St Unit 302, Indianapolis, IN 46202
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  /72

  $439,900

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

  5114 Carvel Ave, Indianapolis, IN 46205

  5114 Carvel Avenue is the kind of home that rarely comes along; beautifully reimagined from top to bottom with modern updates, thoughtful design, and an incredible connection to the Monon Trail. Situated on a 1/2 acre lot, this fully renovated 3-bed two-bath plus bonus room property combines stylish finishes, major mechanical upgrades, and flexible living space inside and out. Step inside to a

  

  Paul Gorrell

  CrestPoint Real Estate

  (317) 434-3218

  5114 Carvel Ave, Indianapolis, IN 46205
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  /37

  $480,000

  $20K PRICE DROP

  • 2 Beds
  • 2 Baths
  • 1,237 Sq Ft

  504 N Park Ave Unit 3, Indianapolis, IN 46202

  Location, Location, Location! Two parking spaces so you never have to park on the street again! Don't miss this gorgeous, classic 2 bedroom 2 bath condo on Park Ave. Windows galore, two balconies, gas fireplace, waterfall island with seating for 6. High-end, white, Kitchen Aid appliances, new tile backsplash and counters. Custom, reclaimed-wood shutters offer privacy in living space. Primary

  

  Christi Coffey

  F.C. Tucker Company

  (463) 666-3092

  504 N Park Ave Unit 3, Indianapolis, IN 46202
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  /37

  $415,000

  $10K PRICE DROP

  • 4 Beds
  • 4 Baths
  • 2,560 Sq Ft

  375 Nottinghill Ct, Indianapolis, IN 46234

  Step into something refreshingly different-this isn't your typical open-concept home! If you appreciate defined spaces, character, and a layout that gives every room its own purpose, you're going to love this one. Located in a custom-built neighborhood with NO HOA, you'll enjoy a more personalized community feel without the extra restrictions. This 4-bedroom home offers a versatile floor plan,

  

  Loujeania Washburne

  Your Realty Link, LLC

  (317) 978-4519

  375 Nottinghill Ct, Indianapolis, IN 46234
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  /27

  $448,990

  New Construction

  • 5 Beds
  • 3.5 Baths
  • 2,829 Sq Ft

  7327 Raybourn Ct, Indianapolis, IN 46259

  The Liberty two-story single-family plan features a welcoming open-concept layout that’s perfect for hosting friends and family. A large center island anchors the kitchen, offering plenty of space for meal prep and casual dining. Just off the kitchen, the inviting great room keeps the conversation flowing.

  

  Beazer Homes

  Builder

  7327 Raybourn Ct, Indianapolis, IN 46259
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  /70

  $400,000

  New Construction $50K PRICE DROP

  • 5 Beds
  • 4 Baths
  • 3,080 Sq Ft

  58 N Kealing Ave, Indianapolis, IN 46201

  Welcome home to 58 N Kealing Ave, Indianapolis, IN, this single-family residence presents an attractive property in great condition, ready to welcome its new owners. The living room offers a warm and inviting atmosphere, enhanced by the comforting presence of a fireplace. The kitchen stands as a culinary centerpiece, featuring a backsplash, a kitchen bar, a large kitchen island, white cabinets,

  

  Jamesha Norwood

  eXp Realty, LLC

  (317) 943-5755

  58 N Kealing Ave, Indianapolis, IN 46201
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  /46

  $485,000

  New Construction $30K PRICE DROP

  • 5 Beds
  • 2.5 Baths
  • 4,077 Sq Ft

  220 Eastern Ave, Indianapolis, IN 46201

  Modern luxury meets vibrant city living in the heart of Indianapolis! Built in 2025, this stunning new construction home is full of energy, style, and thoughtful design. From the moment you step inside, you'll love the open-concept layout that feels bright, spacious, and ready for everyday living and unforgettable entertaining. The gourmet kitchen is truly the centerpiece of the home-featuring

  

  Erica Edwards

  CENTURY 21 Scheetz

  (463) 208-4290

  220 Eastern Ave, Indianapolis, IN 46201
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  /28

  $494,990

  New Construction

  • 5 Beds
  • 3 Baths
  • 3,247 Sq Ft

  10608 Banyan Wood Ct, Indianapolis, IN 46239

  Discover this stunning new construction home at 10608 Banyan Wood Court in Indianapolis, built by M/I Homes. This impressive 3,247 square foot home features an open-concept living space perfect for entertaining and daily family life. Key Features: 5 bedrooms, 3 full bathrooms Dining room Open-concept living space First-floor in-law suite Fireplace 3-car garage The home's well-planned design

  M/I Homes Builder

  10608 Banyan Wood Ct, Indianapolis, IN 46239
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  /29

  $400,990

  New Construction $34K PRICE DROP

  • 3 - 4 Beds
  • 2 - 3 Baths
  • 2,069 Sq Ft

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

  The Calvin ranch floorplan by Fischer Homes offers a spacious and versatile layout designed for single-level living. The expansive family room flows seamlessly into the kitchen and morning room, with the option to add a 4-foot morning room expansion or a raised tray ceiling for added elegance. The owners suite features a large walk-in closet and an optional door to the laundry for convenience.

  Fischer Homes Builder

  5250 Hickory Rd Unit 39100032, Indianapolis, IN 46239
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  /40

  $448,990

  New Construction

  • 4 Beds
  • 2.5 Baths
  • 2,315 Sq Ft

  10103 Bitternut Run Ln, Indianapolis, IN 46259

  If you're hoping to build a new home in a fantastic Indianapolis-area suburb, come take a look at our newest model home. Reach out to our Internet Sales Team to schedule your in-person tour! Boasting 2,315 square feet of living space, this 2-story home offers a blank slate for you design inspiration. Here are just a few of the many highlights throughout: Craftsman-style exterior with a full front

  M/I Homes Builder

  10103 Bitternut Run Ln, Indianapolis, IN 46259
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  /32

  $402,995

  New Construction

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

  Kingston Plan at Montgomery Woods, 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

  4436 Mendocino Blvd Unit 36041316, Indianapolis, IN 46239
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  /40

  $432,990

  New Construction $35K PRICE DROP

  • 3 - 6 Beds
  • 2.5 - 4.5 Baths
  • 2,457 Sq Ft

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

  The Charles by Fischer Homes offers a thoughtfully designed layout with spacious living areas and modern features. The entry foyer welcomes you into the home, leading to an included living room or optional dining area. The two-story family room creates a bright and open centerpiece, seamlessly connecting to the kitchen with an oversized walk-in pantry. The first-floor owners suite features a

  Fischer Homes Builder

  5250 Hickory Rd Unit 39100030, Indianapolis, IN 46239
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  /5

  $409,990

  New Construction

  • 4 - 6 Beds
  • 2.5 - 4.5 Baths
  • 2,884+ Sq Ft

  Drake Plan at Hickory Run - Prestige Series, Indianapolis, IN 46239

  Welcome to the Drake, part of our Prestige Series. This floorplan includes four bedrooms, two-and-a-half baths, a flex room, a gathering room, an open-concept kitchen, a den, a loft, and a three-car garage. With five distinct elevations the opportunities are endless in creating your dream home.

  M/I Homes Builder

  10103 Bitternut Run Unit 39413585, Indianapolis, IN 46239
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  /32

  $455,990

  New Construction $38K PRICE DROP

  • 4 Beds
  • 2 - 4 Baths
  • 2,535 Sq Ft

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

  The Avery Floorplan by Fischer Homes offers a unique five-level design that seamlessly blends dynamic living spaces with private retreats. From the welcoming family foyer to the pocket office with an optional built-in desk, every detail is thoughtfully designed for modern living. The two-story family room serves as the heart of the home, connecting to an open kitchen with a large island and a

  Fischer Homes Builder

  5250 Hickory Rd Unit 39100022, Indianapolis, IN 46239
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  /47

  $425,000

  $25K PRICE DROP

  • 3 Beds
  • 2 Baths
  • 1,408 Sq Ft

  10445 Maze Rd, Indianapolis, IN 46259

  Nestled on 6.1 scenic acres, this 3-bedroom ranch offers the perfect blend of country living and functional space. Explore this home via interactive 3D home tour, complete with floor plans. The home features a classic layout with comfortable living areas, natural light, and peaceful views in every direction. Approximately 2.5 acres are already fenced, making it ideal for livestock, hobby farming,

  David Brenton DAVID BRENTON'S TEAM

  10445 Maze Rd, Indianapolis, IN 46259
• 

  

  /32

  $481,990

  New Construction $39K PRICE DROP

  • 4 - 5 Beds
  • 2 Baths
  • 3,029+ Sq Ft

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

  The Blair by Fischer Homes features an innovative five-level design that blends modern elegance with thoughtful functionality. At its heart is a stunning two-story family room, creating a bright and open gathering space. The owners suite is situated on its own private level, offering a tranquil retreat with a large bath featuring split vanities and a spacious walk-in closet. The design also

  Fischer Homes Builder

  5250 Hickory Rd Unit 39100034, Indianapolis, IN 46239
• 

  

  /17

  $432,990

  New Construction

  • 4 - 5 Beds
  • 2.5 Baths
  • 3,382+ Sq Ft

  Kensington Plan at Sagebrook West - Prestige Series, Indianapolis, IN 46239

  Welcome home to the Kensington. This two-story design is part of our Prestige Series and has been carefully designed to fit your needs. The standard layout of this home includes four bedrooms, two-and-a-half bathrooms, a dining room, a den, and a loft. Options abound in this design so that you can make it yours.

  M/I Homes Builder

  10715 Mangrove Dr Unit 36491776, Indianapolis, IN 46239
• 

  

  /5

  $479,490

  New Construction

  • 4 - 6 Beds
  • 2.5 - 4.5 Baths
  • 2,878+ Sq Ft

  Columbia Basement Plan at Sagebrook West - Prestige Series, Indianapolis, IN 46239

  The Columbia Basement plan is a modern, split-level home with a finished lower level, a full basement, and impressive design features throughout 2,878–3,752 square feet!

  M/I Homes Builder

  10715 Mangrove Dr Unit 36491290, Indianapolis, IN 46239
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  /59

  $400,000

  • 4 Beds
  • 2.5 Baths
  • 2,760 Sq Ft

  942 Jefferson Ave, Indianapolis, IN 46201

  Charming updated home with a rare combination of character, space, and functionality-just minutes from downtown! This well-maintained property features a spacious layout with abundant natural light, updated finishes, and a versatile floor plan ideal for both everyday living and entertaining. The exterior showcases a welcoming front porch and attractive curb appeal, while the fully fenced backyard

  Beau Benjamin Real Broker, LLC

  942 Jefferson Ave, Indianapolis, IN 46201
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  /63

  $459,999

  $75K PRICE DROP

  • 3 Beds
  • 3.5 Baths
  • 3,655 Sq Ft

  1112 Spann Ave, Indianapolis, IN 46203

  Luxury new-construction 3-bedroom, 3.5-bath home located in the highly sought-after Fountain Square neighborhood! This stunning property features a fully finished, separate basement unit and private, fully fenced yards for each unit, offering exceptional flexibility and privacy. Showcasing high-end finishes throughout, the home is currently furnished and operating as a successful two-unit

  Jim Gilday eXp Realty, LLC

  1112 Spann Ave, Indianapolis, IN 46203
• 

  

  /35

  $430,000

  Open Sat 12PM - 2PM $10K PRICE DROP

  • 3 Beds
  • 2 Baths
  • 1,980 Sq Ft

  7547 Starkey Ct, Indianapolis, IN 46278

  Situated at 7547 Starkey CT in INDIANAPOLIS, IN, USA, this appealing single family residence, built in 2017, presents itself in great condition, offering a thoughtfully designed living experience across its single story. The kitchen, a central gathering space within the 1980 square feet of living area, features elegant shaker cabinets complemented by a tasteful backsplash, all anchored by a

  Craig McLaurin Redfin Corporation

  7547 Starkey Ct, Indianapolis, IN 46278
• 

  

  /35

  $447,990

  New Construction $38K PRICE DROP

  • 3 Beds
  • 2 Baths
  • 2,407 Sq Ft

  5226 Jacaranda Dr, Indianapolis, IN 46239

  Discover this exceptional new construction home at 5226 Jacaranda Drive in Indianapolis, built by M/I Homes. This thoughtfully designed 3-bedroom, 2-bathroom home offers 2,407 square feet of comfortable living space with an open-concept layout perfect for daily life and entertaining. Key Features: 3-car garage Study upgrade Morning room addition Fireplace Owner's en-suite bathroom The home's

  M/I Homes Builder

  5226 Jacaranda Dr, Indianapolis, IN 46239
• 

  

  /54

  $425,000

  • 3 Beds
  • 2 Baths
  • 2,395 Sq Ft

  6103 Royal Gate Place, Indianapolis, IN 46237

  Welcome home to this beautifully maintained ranch residence located in the desirable Abbey Road subdivision, a gated community offering both privacy and convenience. Explore this home via interactive 3D home tour, complete with floor plans. Step inside to an expansive open-concept floor plan featuring a spacious great room with beautiful floors, custom built-ins, and a cozy gas fireplace-perfect

  David Brenton DAVID BRENTON'S TEAM

  6103 Royal Gate Place, Indianapolis, IN 46237
• 

  

  /33

  $423,995

  New Construction

  • 5 Beds
  • 3.5 Baths
  • 3,054 Sq Ft

  Valencia Plan at Montgomery Woods, Indianapolis, IN 46239

  The largest floorplan in the collection, this two-story home offers convenience and comfort. A separate bedroom and a study can be found off the foyer, providing space for guests and a practical home office. The Great Room, dining room and kitchen are arranged among a spacious open floorplan. Four bedrooms and a loft are located on the second floor.

  Lennar Builder

  4436 Mendocino Blvd Unit 36041317, Indianapolis, IN 46239
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  /62

  $445,990

  New Construction $36K PRICE DROP

  • 4 - 5 Beds
  • 2 - 5 Baths
  • 2,711+ Sq Ft

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

  The Grandin by Fischer Homes offers a stunning and versatile design tailored for modern living. The main level features a soaring two-story family room and a light-filled morning room, seamlessly connected to an open kitchen with an expansive island and seating. A casual living space at the rear of the home can be customized into a private guest suite or a pocket office with a first-floor laundry

  Fischer Homes Builder

  5250 Hickory Rd Unit 39100025, Indianapolis, IN 46239
• 

  

  /5

  $479,490

  New Construction

  • 4 - 6 Beds
  • 2.5 - 4.5 Baths
  • 2,878+ Sq Ft

  Columbia Basement Plan at Hickory Run - Prestige Series, Indianapolis, IN 46239

  The Columbia Basement plan is a modern, split-level home with a finished lower level, a full basement, and impressive design features throughout 2,878–3,752 square feet!

  M/I Homes Builder

  10103 Bitternut Run Unit 39413579, Indianapolis, IN 46239
• 

  

  /31

  $489,990

  New Construction $20K PRICE DROP

  • 5 Beds
  • 3 Baths
  • 3,252 Sq Ft

  5228 Dragon Tree Ln, Indianapolis, IN 46239

  Welcome to 5228 Dragon Tree Lane in Indianapolis, where this stunning new construction home by M/I Homes offers 3,214 square feet of thoughtfully designed living space. Home Features: 3-car garage 5 bedrooms, 3 full bathrooms First-floor guest suite Gathering room extension Gas fireplace Kitchen with an island and spacious walk-in pantry Morning room Loft Full basement This beautiful new

  M/I Homes Builder

  5228 Dragon Tree Ln, Indianapolis, IN 46239
• 

  

  /33

  $407,995

  New Construction

  • 5 Beds
  • 3.5 Baths
  • 3,054 Sq Ft

  Valencia Plan at Eagle Manor, Indianapolis, IN 46239

  The largest floorplan in the collection, this two-story home offers convenience and comfort. A separate bedroom and a study can be found off the foyer, providing space for guests and a practical home office. The Great Room, dining room and kitchen are arranged among a spacious open floorplan. Four bedrooms and a loft are located on the second floor.

  Lennar Builder

  5332 S Franklin Rd Unit 38336441, Indianapolis, IN 46239
• 

  

  /6

  $439,990

  New Construction

  • 4 - 6 Beds
  • 2.5 - 5.5 Baths
  • 3,141+ Sq Ft

  Ainsley II Plan at Hickory Run - Prestige Series, Indianapolis, IN 46239

  Welcome home to the Ainsley II. This beautifully crafted two-story home includes four exceptional exterior designs to choose from. Personalize this home to have it best fit your needs.

  M/I Homes Builder

  10103 Bitternut Run Unit 39413574, Indianapolis, IN 46239
• 

  

  /7

  $432,990

  New Construction

  • 4 - 5 Beds
  • 2.5 Baths
  • 3,382+ Sq Ft

  Kensington Plan at Hickory Run - Prestige Series, Indianapolis, IN 46239

  Welcome home to the Kensington. This two-story design is part of our Prestige Series and has been carefully designed to fit your needs. The standard layout of this home includes four bedrooms, two-and-a-half bathrooms, a dining room, a den, and a loft. Options abound in this design so that you can make it yours.

  M/I Homes Builder

  10103 Bitternut Run Unit 39413584, Indianapolis, IN 46239

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