Indianapolis, IN Homes for Sale under $500,000

• 

  

  

  /22

  $474,500

  • 2 Beds
  • 3 Baths
  • 2,206 Sq Ft

  515 N Park Ave, Indianapolis, IN 46202

  Impress Your Guests! Located On A Charming, Tree Lined Street w/Classic Brick Sidewalks, This Large Condo Offers Sophisticated Urban Living. 2 Beautiful Balconies, 2 Spacious Primary Bedrooms w/En-Suites, Gleaming Hardwood Floors, Plenty of Light & Bright Opens Spaces PLUS Storage Galore! 2206 sq. ft. of Living Space Offers Opportunity To Create Distinct Personalized Areas. Full Bath On Main

  Patricia Mahoney F.C. Tucker Company

  515 N Park Ave, Indianapolis, IN 46202
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  /55

  $439,000

  • 4 Beds
  • 2.5 Baths
  • 2,308 Sq Ft

  4819 Millstone Ct, Indianapolis, IN 46254

  Nestled in the heart of Indianapolis, discover the inviting residence at 4819 Millstone Court. Lots of windows in this home offering natural light at every turn. Spacious kitchen comes complete with lots of counter tops space, center island, granite counter tops, refrigerator, electric range, overhead microwave, dishwasher. There is also a garden/plant window in the kitchen! Home also comes with

  Debbie Yozipovich RE/MAX Realty Group

  4819 Millstone Ct, Indianapolis, IN 46254
• 

  

  

  /15

  $424,900 New Construction

  • 2 Beds
  • 2.5 Baths
  • 1,691 Sq Ft

  441 Leota St, Indianapolis, IN 46203

  Home is New and Move-In Ready! One of the last 2 rooftop townhomes in Colere. Designed and crafted with your life in mind, Colere townhomes include stunning rooftop terraces with Indy skyline views and attached private garages. This home includes a large rooftop deck, 2 bedrooms, Den, 2.5 baths, a 2-car garage and excellent spaces for entertaining. Also included are quartz counter tops, raised

  Denise Potter Onyx and East, LLC

  441 Leota St, Indianapolis, IN 46203
• 

  

  

  /4

  $475,000

  • 6 Beds

  4237 Evanston Ave, Indianapolis, IN 46205

  Proposed New Construction 4-Plex | Nickel Plate Village Introducing a brand-new Duplex investment opportunity in the highly desirable Fairgrounds neighborhood. Each unit features a spacious 3-bedroom, 2-bath layout, ranging from 1250 to 1374 square feet, offering modern design, open living spaces, and quality craftsmanship throughout. With projected rents of $1,900 per unit, this property

  Zachary Douglas Canull Group LLC

  4237 Evanston Ave, Indianapolis, IN 46205
• 

  

  

  /47

  $475,000

  • 4 Beds
  • 2.5 Baths
  • 3,248 Sq Ft

  11733 Schmitt Cir, Indianapolis, IN 46239

  Welcome to this beautiful home in the Hamptons! This property features a spacious backyard with an in-ground pool and picturesque views of classic Indian farmland. The interior offers an ideal layout for entertaining, with generous rooms and a seamless flow from the kitchen and living room to the covered patio. The primary bedroom is a private retreat, boasting a recently remodeled full bathroom

  Will Lonnemann F.C. Tucker Company

  11733 Schmitt Cir, Indianapolis, IN 46239
• 

  

  /51

  $475,000 Open Sun 1PM - 3PM

  • 3 Beds
  • 2.5 Baths
  • 2,734 Sq Ft

  6926 N Olney St, Indianapolis, IN 46220

  Nestled in a serene, wooded setting, this beautifully updated ranch with a walkout basement offers timeless character paired with modern comfort. The main level features formal living and dining rooms ideal for entertaining, along with a cozy den highlighted by a stunning stone fireplace. A bright four-season sunroom provides the perfect space to relax year-round while enjoying views of the

  Marissa Bryant Highgarden Real Estate

  6926 N Olney St, Indianapolis, IN 46220
• 

  

  /51

  $415,000

  • 3 Beds
  • 2 Baths
  • 2,832 Sq Ft

  6160 Hazelwood Ave, Indianapolis, IN 46228

  Here's your chance to own a beautiful brick ranch in INDY's coveted Washington Twp (MSD Washington Twp schools)! This updated 1 level home with finished basement features 3-4 bedrooms, 2 full (renovated) bathrooms, gorgeous original hardwood floors, updated kitchen, wood burning fireplace and more! The main level features the 3 main bedrooms and 2 full baths, along with a cozy family room and

  Nathan Pfahler Weichert REALTORS® Cooper Group Indy

  6160 Hazelwood Ave, Indianapolis, IN 46228
• 

  

  /11

  $400,000

  • Land
  • 0.62 Acre
  • $643,087 per Acre

  3138 N Pennsylvania St, Indianapolis, IN 46205

  Capture this unique opportunity to build the home of your dreams with the ReDevelopment Group on this magnificent lot in Historic Meridian Park. The irregular lot is 100 feet wide, 244 feet deep on the south border and 269 feet deep on the north. The lot has unbelievable trees that could be maintained and partially surrounded by a brick property wall and then fully fenced. This home is surrounded

  Jenni Bliss McMillion @properties

  3138 N Pennsylvania St, Indianapolis, IN 46205
• 

  

  /41

  $419,900

  • 3 Beds
  • 2.5 Baths
  • 2,671 Sq Ft

  8922 Crystal Lake Dr, Indianapolis, IN 46240

  Welcome to the sought after Crystal Lakes Community! Low Maintenance living at it's finest! Spacious and Open Floor plan, Cathedral Ceilings, Gas Fireplace , and Stunning Hardwoods throughout! 3 Bedroom 2.5 Bath Eat-in kitchen with center island! Large Primary on the main level (good size walk in closet) as well as office or sitting area! You will find 2 additional bedrooms with a jack-n-jill

  Ginny Purdy-Paskoff F.C. Tucker Company

  8922 Crystal Lake Dr, Indianapolis, IN 46240
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  /36

  $469,000

  • 3 Beds
  • 2.5 Baths
  • 2,423 Sq Ft

  2435 N College Ave, Indianapolis, IN 46205

  OWNER FINANCING IS AVAILABLE. Welcome to this stunning 1890s home, proudly recognized by the Historic Landmarks Foundation of Indiana, where timeless character meets modern updates. Hardwood floors flow through the open-concept main level, anchored by a showpiece kitchen with soapstone counters, a marble island, custom cabinetry, and a built-in bar perfect for entertaining. Offering three

  Kierstyn Chase Homeward Bound Realty LLC

  2435 N College Ave, Indianapolis, IN 46205
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  /42

  $469,900

  • 5 Beds
  • 2.5 Baths
  • 3,088 Sq Ft

  7024 Langham Ct, Indianapolis, IN 46259

  Welcome to this beautifully maintained home tucked away in the heart of Franklin Township. Situated on just over a half-acre private, tree-lined lot at the back of a quiet cul-de-sac, this residence offers both tranquility and space. With 3,088 square feet of living area spread across two stories, the home provides generous room for a variety of lifestyle needs. Inside, you'll find five spacious

  Jaclyn Ray RE/MAX Advanced Realty

  7024 Langham Ct, Indianapolis, IN 46259
• 

  

  /4

  $499,900

  • Land
  • 0.11 Acre
  • $4,544,545 per Acre

  358 W 29th St, Indianapolis, IN 46208

  Discover a unique investment opportunity in the heart of Indianapolis! This expansive property comprises five adjacent lots on the city's west side, close to major interstates and the beloved Children's Museum. Each lot measures 40 ft x 138 ft, offering a combined total of 27,600 sq. ft. Whether you're envisioning a new residential community, multifamily housing, or commercial development, these

  Charlene Gaard No Limit Real Estate, LLC

  358 W 29th St, Indianapolis, IN 46208
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  /32

  $400,000

  • 7 Beds
  • 3.5 Baths
  • 4,502 Sq Ft

  7407 Ponderosa Pines Ln, Indianapolis, IN 46239

  Spacious and thoughtfully designed, this two-story home offers a flexible floor plan to accommodate a variety of living needs. The main level includes a bright morning room adjacent to the kitchen, ideal for casual meals or coffee with a view. With a total of 7 bedrooms and 3 full bathrooms, plus powder room - the home provides plenty of private space for family members or guests. Upstairs, a

  Cleia and Ben Tupper Keller Williams Indy Metro S

  7407 Ponderosa Pines Ln, Indianapolis, IN 46239
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  /56

  $429,000

  • 7 Beds
  • 5 Baths

  5917 Carrollton Ave, Indianapolis, IN 46220

  Discover an incredibly rare investment opportunity at 5917 Carrollton Ave, located in the heart of Indy's coveted A-Class Broad Ripple neighborhood. Just steps from the Monon Trail, the Canal, and the vibrant shops, bars, and dining of Broad Ripple Ave, this property offers unbeatable walkability and central convenience. This converted limestone ranch has been thoughtfully transformed into a

  Peter Stewart Keller Williams Indpls Metro N

  5917 Carrollton Ave, Indianapolis, IN 46220
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  /3

  $425,000

  • Land
  • 0.46 Acre
  • $923,913 per Acre

  1549 N Arsenal Ave, Indianapolis, IN 46201

  This prime vacant parcel in Indianapolis presents an exceptional development opportunity, already approved for 16 residential units. Situated on a hard corner with excellent road frontage, the site offers strong visibility and access, ideal for a multi-unit residential project. An added advantage is the potential to acquire neighboring parcels, which could significantly expand the overall

  Jason Alsup eXp Realty, LLC

  1549 N Arsenal Ave, Indianapolis, IN 46201
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  /43

  $419,900

  • 2 Beds
  • 2.5 Baths
  • 1,647 Sq Ft

  1312 Colere Place, Indianapolis, IN 46203

  1312 Colere Place is about to become your new happy place, right at the heart of trendy Fountain Square! This isn't just a townhouse; it's the ticket to a home that is elegant, easy & stylish. To describe it from the top down: the view from the rooftop patio is just beautiful, with Lucas Oil Stadium on the horizon & a front-row seat to the annual fireworks over Indy, plus daily views of the

  Jennifer Blandford Carpenter, REALTORS®

  1312 Colere Place, Indianapolis, IN 46203
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  /26

  $414,999

  • 4 Beds
  • 2.5 Baths
  • 3,198 Sq Ft

  5142 Cedar Mill Ln, Indianapolis, IN 46237

  Welcome to this stunning 4 bedroom, 2.5 bath home perfectly situated in the area's quaint and sought-after neighborhood, Ashland Pointe. You'll have all the room you need with over 3,000 square feet of thoughtfully designed, open concept living spaces that blend style and function perfectly. The luxury vinyl plank flooring, crown molding and 9' ceilings elevate the look of the main level. Enjoy a

  Kathleen Kiel CENTURY 21 Scheetz

  5142 Cedar Mill Ln, Indianapolis, IN 46237
• 

  $432,990 New Construction

  • 3 - 4 Beds
  • 2.5 Baths
  • 2,130 Sq Ft

  Patton Plan at The Towns at Fort Harrison, Indianapolis, IN

  Davis Homes Builder

  0 the Towns at Fort Harrison St Unit 36481539, Indianapolis, IN
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  /49

  $440,000

  • 3 Beds
  • 2.5 Baths
  • 1,842 Sq Ft

  141 Herman St, Indianapolis, IN 46202

  Welcome to 141 Herman Street - a stunning three-story condo offering modern comfort and style in the highly sought-after Holy Cross neighborhood. Built in 2012, this 1,842-square-foot residence combines spacious design with contemporary finishes, all just minutes from the heart of downtown. Inside, you'll find an open-concept kitchen, dining, and family room that's perfect for both everyday

  Elaina Musleh F.C. Tucker Company

  141 Herman St, Indianapolis, IN 46202
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  /3

  $500,000

  • 3 Beds
  • 1 Bath
  • 1,288 Sq Ft

  537 N Rural St, Indianapolis, IN 46201

  Rare opportunity to own three contiguous, fully rented single-family homes offering an outstanding 12.3% cap rate! All properties are occupied by long-term Section 8 tenants who pay their own utilities and supply their own appliances, minimizing owner responsibilities. 537 N Rural features 3 bedrooms, 1 bath, and 1,288 sq ft, renting for $1,500/month with $3,334 in annual taxes. 541 N Rural

  Charlene Gaard No Limit Real Estate, LLC

  537 N Rural St, Indianapolis, IN 46201
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  /93

  $499,900

  • 5 Beds
  • 3.5 Baths
  • 4,412 Sq Ft

  10513 Pokagon Way, Indianapolis, IN 46239

  Welcome to a Wolf Run home that truly raises the bar. This expansive 5-bedroom, 3.5-bath residence offers exceptional space, thoughtful upgrades, and rare amenities - all in one of Franklin Township's most desirable communities. Every bedroom comfortably fits a queen bed and features walk-in closets, while the oversized primary suite impresses with a private sitting room, creating a true retreat.

  Kimberly Lyon Hoosier, REALTORS®

  10513 Pokagon Way, Indianapolis, IN 46239
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  /39

  $425,000

  • 3 Beds
  • 1.5 Baths
  • 1,584 Sq Ft

  615 E 49th St, Indianapolis, IN 46205

  1929 brick beauty in SoBro with serious character! This gem features a perfect front porch for morning coffee, upstairs balcony for evening vibes, and one of the biggest lots around - plenty of space for entertaining or just chilling. The primary bedroom includes a walk-in closet that'll actually fit your entire wardrobe (finally!). You're literally steps from incredible coffee spots, craft

  Frederick Catron F.C. Tucker Company

  615 E 49th St, Indianapolis, IN 46205
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  /31

  $450,000

  • 8 Beds
  • 4 Baths

  302 N Dequincy St, Indianapolis, IN 46201

  Turnkey 12-Unit Portfolio | Newly Renovated | Flexible Purchase Options Rare opportunity to acquire a newly stabilized 12-unit multifamily portfolio consisting of three side-by-side quadplexes at 302 N Dequincy St, 310 N Dequincy St, and 4826 E New York St, plus a separate parking parcel included with the New York St building. Buy 4, 8, or all 12 units - each quadplex is available individually at

  Alyssa Burton Inspired Realty

  302 N Dequincy St, Indianapolis, IN 46201
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  /78

  $415,000

  • 8 Beds
  • 4 Baths

  1036 N Parker Ave, Indianapolis, IN 46201

  Turnkey, cash-flowing, and beautifully transformed-this luxury duplex sits on a large lot in the heart of downtown. Both units have been completely updated with modern finishes, new systems, and high-quality materials. Property includes a detached garage, rare outdoor space, and strong rental income from day one. A premium, hassle-free investment opportunity in one of Indy's fastest-growing

  Chris Price Keller Williams Indy Metro S

  1036 N Parker Ave, Indianapolis, IN 46201
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  /59

  $425,000 Open Sun 11AM - 1PM

  • 2 Beds
  • 2.5 Baths
  • 1,708 Sq Ft

  737 Switchyard Place, Indianapolis, IN 46202

  Located in the heart of Fletcher Place, this 2020-built townhome offers a turnkey lifestyle in what many describe as a small town within the city. Tucked just off the main stretch, it delivers walkable access to Downtown Indianapolis while staying comfortably removed from the busyness. Inside, ample windows & 10-foot ceilings on the main level create a bright, open feel. The living rm features a

  Laura Waters Highgarden Real Estate

  737 Switchyard Place, Indianapolis, IN 46202
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  /37

  $409,895

  • 5 Beds
  • 4 Baths
  • 3,238 Sq Ft

  7253 Ponderosa Pines Place, Indianapolis, IN 46239

  Welcome to this beautifully updated 5-bedroom, 2.5-bath home offering over 3,000 square feet of thoughtfully designed living space! Nestled in a peaceful neighborhood, this home combines modern upgrades with comfort and function. Step inside inside to the foyer to find beautiful hardwood floors that lead to a stunning remodeled kitchen (2022) featuring an eat-in area, walk-in pantry, and a formal

  Steve Silver RE/MAX Professionals

  7253 Ponderosa Pines Place, Indianapolis, IN 46239
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  /40

  $412,000 New Construction

  • 1 Bed
  • 1 Bath
  • 949 Sq Ft

  877 N East St Unit 401-A, Indianapolis, IN 46202

  Enjoy an exclusive contemporary lifestyle downtown in Chatham Arch. This fourth floor unit features 10 ft ceilings and high-quality finishes. Open concept kitchen with Corian quartz waterfall island counters, backsplash and Kitchen Aid stainless appliances. Gorgeous oak floors throughout as well. This one bedroom one bathroom unit features a den space, spacious walk in closet and bathroom with

  Terry Brown CENTURY 21 Scheetz

  877 N East St Unit 401-A, Indianapolis, IN 46202
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  /46

  $425,000 New Construction

  • 4 Beds

  4521 Norwaldo Ave, Indianapolis, IN 46205

  Welcome to 4521 Norwaldo Ave, a stunning new construction duplex in the heart of Indianapolis' vibrant SoBro neighborhood! This turn-key investment property is a dream come true for savvy investors and house hackers alike, offering modern style, strong cash flow, and unbeatable location less than 1 block from one of the neighborhoods hottest coffee shops: GoldLeaf Savory & Sweet. Each of the two

  Zachary Douglas Canull Group LLC

  4521 Norwaldo Ave, Indianapolis, IN 46205
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  /26

  $410,000

  • 2 Beds
  • 2 Baths
  • 1,260 Sq Ft

  630 N College Ave Unit 404, Indianapolis, IN 46204

  2 Bed/2 Bath/2 Parking Spots!! **1 year of pre-paid HOA offered at list price (conditions apply)** Located on the Hottest Strip in Downtown Indy at 630 N College AVE N Unit 404, Indianapolis, IN, this condominium offers an attractive property in great condition. The heart of this home resides in its meticulously designed kitchen, where culinary dreams take shape against a backdrop of shaker

  Christopher Jones Keller Williams Indy

  630 N College Ave Unit 404, Indianapolis, IN 46204
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  /7

  $400,000

  • Land
  • 0.24 Acre
  • $1,666,667 per Acre

  931 S East St, Indianapolis, IN 46225

  Unlock the endless possibilities with this awesome property! Spanning 1/4 acre with appx 88 feet of main-road frontage, this listing offers unparalleled potential. Situated directly across from Eli Lilly and in close proximity to downtown attractions like Lucas Oil Stadium and Gainbridge Fieldhouse, this location is ideal for anyone looking to capitalize on Indy's bustling urban scene.

  Michael Feldman Compass Indiana, LLC

  931 S East St, Indianapolis, IN 46225
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  /24

  $499,999

  • 2 Beds
  • 2 Baths
  • 1,318 Sq Ft

  504 N Park Ave Unit 6, Indianapolis, IN 46202

  This 2 bed, 2 full bath condo, in the most prime location, has easy access to Mass Ave, Bottleworks, and everything downtown Indianapolis has to offer. The kitchen features stainless steel appliances, granite countertops with a full-slab backsplash, gas stovetop, built-in oven, and convection/microwave. The open concept kitchen/dining/living area has a tiled, gas fireplace and a built-in sound

  Bianca Ridner BluPrint Real Estate Group

  504 N Park Ave Unit 6, Indianapolis, IN 46202
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  /28

  $445,000 New Construction

  • 6 Beds
  • 3.5 Baths
  • 3,300 Sq Ft

  5815 Sunstone Rd, Indianapolis, IN 46239

  Do not miss this spacious brand new home in Sapphire Ridge community. This beautiful home offers 6 bedrooms, 4 full bathrooms, a versatile loft, private study, and a 3-car garage. The main floor features a modern open-concept layout connecting the Great Room, dining area, and kitchen, a bedroom and full bathroom. Enjoy peaceful backyard privacy, on-site walking trails, and the comfort of a quiet

  Harnarender Kaur CENTURY 21 Scheetz

  5815 Sunstone Rd, Indianapolis, IN 46239
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  /49

  $445,000

  • 4 Beds
  • 3 Baths
  • 3,276 Sq Ft

  9011 Seabreeze Ct, Indianapolis, IN 46256

  Welcome to this beautifully updated 4 bedroom, 3 full bath home in the highly desirable Beamreach neighborhood on Indianapolis' north side! Tucked among mature trees and just minutes from Geist Reservoir and nearby trails, this home offers the perfect blend of privacy, comfort, and convenience. Inside, you'll find updated kitchens and baths throughout, featuring modern cabinetry, upgraded

  Jonathan Hopson F.C. Tucker Company

  9011 Seabreeze Ct, Indianapolis, IN 46256
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  /32

  $433,500

  • 6 Beds
  • 6 Baths

  3149 Ruckle St, Indianapolis, IN 46205

  **BUYERS FINANCING FELL THROUGH, PROPERTY BACK ON MARKET**Nestled in the heart of Mapleton Fall Creek, this attractive duplex presents an incredible opportunity to own a fully rehabbed, and well-maintained property with timeless appeal. Imagine preparing culinary delights in a kitchen designed for both functionality and style, where shaker cabinets offer ample storage and complement the sleek

  Oumar Bah Bah Realty Trust

  3149 Ruckle St, Indianapolis, IN 46205
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  /43

  $405,000 Open Sun 1PM - 3PM

  • 4 Beds
  • 3.5 Baths
  • 2,592 Sq Ft

  3448 Waterloo Dr, Indianapolis, IN 46268

  This single-family residence presents a wonderful opportunity to put down roots in a highly desirable location. Offering 1,946 square feet of living space, the home provides plenty of room for comfortable everyday living. The thoughtfully designed layout features four bedrooms, three full bathrooms, and an additional half bath, ensuring convenience and privacy for all. The basement includes two

  Alisson Contreras F.C. Tucker Company

  3448 Waterloo Dr, Indianapolis, IN 46268
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  /69

  $449,900

  • 4 Beds
  • 2.5 Baths
  • 2,366 Sq Ft

  3628 N Pennsylvania St, Indianapolis, IN 46205

  Nestled at 3628 N Pennsylvania ST in Indianapolis, IN, this single-family residence offers a unique opportunity to own a piece of history in great condition. Built in 1910, this attractive property presents a blend of classic charm and modern convenience. The living room serves as an inviting space, anchored by a fireplace that promises warmth and ambiance during cooler months, while the vaulted

  Erica Scott Ever Real Estate, LLC

  3628 N Pennsylvania St, Indianapolis, IN 46205
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  /76

  $458,000

  • 5 Beds
  • 3.5 Baths
  • 3,538 Sq Ft

  7744 Highridge Cir, Indianapolis, IN 46259

  Tucked away on a Cul-Da-Sac, you'll find another great property located in Franklin Township. From the street, you'll be greeted with a 3 car garage w/ 8 Foot doors and ample parking for family and visitors. Multiple places for relaxing including the covered porch will keep your curiosity high as you look for that perfect get away. Stepping into the home, you'll be amazed at the vaulted ceiling

  Tyre Shelton Hoosier, REALTORS®

  7744 Highridge Cir, Indianapolis, IN 46259
• 

  

  /33

  $405,000

  • 3 Beds
  • 2.5 Baths
  • 2,240 Sq Ft

  12615 E 86th St, Indianapolis, IN 46236

  Please reach out directly to the listing agent if you are not currently represented by an agent. Welcome to 12615 E 86th St, a charming home nestled in the desirable Geist area of Indianapolis, just a stone's throw from the picturesque Geist Reservoir. This inviting home sits on an impressive lot of over 1 acre, offering a serene wooded backdrop that enhances your outdoor living experience. The

  Barbara Whiteside Keller Williams Indy Metro NE

  12615 E 86th St, Indianapolis, IN 46236
• 

  

  /31

  $435,000

  • 5 Beds
  • 2 Baths
  • 2,892 Sq Ft

  866 Fletcher Ave, Indianapolis, IN 46203

  This beautiful Victorian home was built in 1876 and is still in amazing shape! The kitchen has been completely redone and both bathrooms updated! The mechanicals are all in great shape; The main house has TWO 200 amp panels. The majority of the interior plumbing was replaced in early 2024 by Hope Plumbing as well as some updates just made during the recent kitchen/bathroom work. There is a 97%

  Mina Starsiak Hawk Two Chicks Homes

  866 Fletcher Ave, Indianapolis, IN 46203
• 

  

  /43

  $489,000

  • 4 Beds
  • 4 Baths
  • 2,616 Sq Ft

  1909 Ruckle St, Indianapolis, IN 46202

  Unique home buying opportunity in the desirable near northside of downtown Indy. This property will appeal to a wide variety of potential buyers. In addition to the 2-story home (main house) the detached 3-car garage includes a 2nd story, one bedroom studio apartment with an indoor stairway from the single bay garage (carriage house). A spacious, paved and private patio connects both structures.

  Brad Untrauer Envoy Real Estate, LLC

  1909 Ruckle St, Indianapolis, IN 46202

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