Indianapolis, IN Homes under $500,000

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  $416,070 New Construction

  • 4 Beds
  • 2.5 Baths
  • 2,483 Sq Ft

  10161 Bitternut Run Ln, Indianapolis, IN 46259

  Located at 10161 Bitternut Run Lane in Indianapolis, this new construction home built by M/I Homes offers 2,483 square feet of thoughtfully designed living space.  Home Features: 4 bedrooms including an owner's suite 2.5 bathrooms First-floor flex room Open-concept living space perfect for entertaining and everyday living New construction with

  M/I Homes

  Akerman II, Indianapolis, IN 46259
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  /3

  $414,720 New Construction

  • 4 Beds
  • 2.5 Baths
  • 2,483 Sq Ft

  6048 Cedar Shade Way, Indianapolis, IN 46259

  Discover this beautiful new construction home located at 6048 Cedar Shade Way Indianapolis, IN. Built by M/I Homes, this exceptional property offers 2,483 square feet of thoughtfully designed living space with 4 bedrooms and 2.5 bathrooms.  Features: Spacious open-concept living space perfect for entertaining and everyday life Flex room 4 well-appointed

  M/I Homes

  Akerman II, Indianapolis, IN 46259
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  /2

  $462,660 New Construction

  • 5 Beds
  • 3.5 Baths
  • 2,957 Sq Ft

  6042 Cedar Shade Way, Indianapolis, IN 46259

  Welcome to 6042 Cedar Shade Way Indianapolis, IN, a stunning new construction home built by M/I Homes. This impressive residence offers 2,957 square feet of thoughtfully designed living space with 5 bedrooms and 3 bathrooms.  Home Features: Flex room off the foyer Spacious open-concept living space perfect for entertaining and family gatherings Stunning

  M/I Homes

  Fairbanks, Indianapolis, IN 46259
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  /2

  $424,990 New Construction

  • 5 Beds
  • 3 Baths
  • 2,714 Sq Ft

  6127 Countryside Forge Way, Indianapolis, IN 46259

  Welcome to 6127 Countryside Forge Way Indianapolis, IN, a stunning new construction home built by M/I Homes offering 2,714 square feet of thoughtfully designed living space.   This charming home features the following 5 spacious bedrooms with the owner's bedroom located upstairs 3 full bathrooms strategically placed throughout the home

  M/I Homes

  Foster, Indianapolis, IN 46259
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  $480,530 New Construction

  • 3 Beds
  • 2.5 Baths
  • 1,916 Sq Ft

  1805 Real St, Indianapolis, IN 46240

  Explore the charm and modern comfort of 1805 Real Street, a beautifully crafted and decorated 3-bedroom, 2.5-bathroom model home by M/I Homes, available for tours. This thoughtfully designed 2-story home showcases contemporary features and a warm, inviting atmosphere, providing inspiration for your dream home.Discover the Open and Functional LayoutStep inside to experience a stunning open

  M/I Homes

  Muirfield, Indianapolis, IN 46240
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  /38

  $450,180 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

  M/I Homes

  Findlay Slab, Indianapolis, IN 46259
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  /17

  $432,990 New Construction

  • 4 Beds
  • 2.5 Baths
  • 3,382 Sq Ft

  Kensington, 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

  Kensington, Indianapolis, IN 46239
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  /15

  $432,490 New Construction

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

  Cheswicke II Basement, 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

  Cheswicke II Basement, Indianapolis, IN 46239
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  /5

  $492,490 New Construction

  • 4 Beds
  • 2.5 Baths
  • 3,152 Sq Ft

  Glendale Basement, Indianapolis, IN 46239

  Welcome home to the Glendale. The Glendale is a brand-new floorplan in our Prestige Series, which has been carefully designed to fit the way you live today. Its standard layout features four bedrooms and two and a half bathrooms that includes a flex room, a morning room, a loft, an open-concept design, and a two-car garage.

  M/I Homes

  Glendale Basement, Indianapolis, IN 46239
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  /16

  $419,990 New Construction

  • 4 Beds
  • 2.5 Baths
  • 3,152 Sq Ft

  Glendale, Indianapolis, IN 46239

  Welcome home to the Glendale, a stunning floorplan featured in our Prestige Series. This home has been intentionally designed to fit the way you live today; its standard layout features four bedrooms, two-and-a-half bathrooms, a flex room, a morning room, a loft, an open-concept design, and a two-car garage.

  M/I Homes

  Glendale, Indianapolis, IN 46239
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  /17

  $409,990 New Construction

  • 4 Beds
  • 2.5 Baths
  • 2,884 Sq Ft

  Drake, 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

  Drake, Indianapolis, IN 46239
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  $482,490 New Construction

  • 4 Beds
  • 2.5 Baths
  • 2,884 Sq Ft

  Drake Basement, Indianapolis, IN 46239

  Welcome to the Drake, part of our Prestige Series. This one-of-a-kind floorplan includes four bedrooms, two-and-a-half baths, a flex room, a gathering room, an open-concept kitchen, a den, a loft, optional basement, and a three-car garage. This show-stopping kitchen is just as customizable as the rest of the home. We have plenty of choices for cabinets, countertops, hardware, backsplashes, and

  M/I Homes

  Drake Basement, Indianapolis, IN 46239
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  /15

  $479,490 New Construction

  • 4 Beds
  • 2.5 Baths
  • 2,878 Sq Ft

  Columbia Basement, 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

  Columbia Basement, Indianapolis, IN 46239
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  $439,990 New Construction

  • 4 Beds
  • 2.5 Baths
  • 3,141 Sq Ft

  Ainsley II, 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

  Ainsley II, Indianapolis, IN 46239
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  $459,875 New Construction

  • 5 Beds
  • 3.5 Baths
  • 3,020 Sq Ft

  5928 Sunstone Rd, Indianapolis, IN 46239

  The first floor of this two-story home is host to a spacious open floorplan consisting of a Great Room, dining area and modern kitchen as well as a bedroom and study placed to the side of the home. Upstairs, there are four additional bedrooms, including the restful owner’s suite, and a versatile loft provides shared living space on the second floor.

  Lennar

  Paddington, Indianapolis, IN 46239
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  $440,995 New Construction

  • 5 Beds
  • 3.5 Baths
  • 3,020 Sq Ft

  5839 Sunstone Rd, Indianapolis, IN 46239

  The Paddington greets you with a towering two story foyer. The first floor is an open floorplan that consists of a great room with an electric fireplace, modern kitchen, dining area, morning room and study. There is also a first floor bedroom with its own private bath. Upstairs, there are four large secondary bedrooms with generous closets, a restful owner’s suite with a luxurious tiled shower

  Lennar

  Paddington, Indianapolis, IN 46239
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  $408,995 New Construction

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

  Valencia, Indianapolis, IN 46235

  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

  Valencia, Indianapolis, IN 46235
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  $409,995 New Construction

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

  Hampshire, 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

  Hampshire, Indianapolis, IN 46239
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  $449,995 New Construction

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

  Valencia, 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

  Valencia, Indianapolis, IN 46239
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  $429,995 New Construction

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

  Kingston, 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

  Kingston, Indianapolis, IN 46239
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  $479,990 New Construction

  • 3 Beds
  • 2 Baths
  • 2,485 Sq Ft

  10502 Oak Bend Blvd, Indianapolis, IN 46239

  Welcome to your dream home in Sagebrook West! This stunning new home offers an unparalleled opportunity for those seeking a blend of modern elegance, thoughtful design, and everyday comfort. Nestled in a prime location, this one-story, 3-bedroom, 2-bathroom home invites you to experience life at its finest. Craftsmanship and quality shine in every detail. From the moment you step inside,

  Cassie Newman M/I Homes of Indiana, L.P.

  10502 Oak Bend Blvd, Indianapolis, IN 46239
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  $475,000

  • 4 Beds
  • 3.5 Baths
  • 3,022 Sq Ft

  9406 Ridgecreek Ct, Indianapolis, IN 46256

  Tucked away at the end of a quiet cul-de-sac, 9406 Ridgecreek Ct. offers the perfect blend of privacy, space, and natural beauty. Situated on a serene 0.63-acre wooded lot, this beautifully maintained home is a true retreat in the heart of Lawrence Township. Inside, you'll find 4 spacious bedrooms, including a sought-after main-level primary suite. The upper level includes three additional

  Dana Holt Keller Williams Indpls Metro N

  9406 Ridgecreek Ct, Indianapolis, IN 46256
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  $439,900

  • 3 Beds
  • 2 Baths
  • 2,595 Sq Ft

  4913 N Capitol Ave, Indianapolis, IN 46208

  This absolute gem of a home is celebrating its 100th birthday and is looking for its next chapter!! Enjoy all the perks of Butler/Tarkington, Meridian Kessler, and Broad Ripple just steps away, and Downtown and North Side Indy just minutes away!! Enjoy morning coffee or afternoon cocktails on the screened in porch, come inside to original hardwood floors in the great room, formal dining room and

  Joshua Ember F.C. Tucker Company

  4913 N Capitol Ave, Indianapolis, IN 46208
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  $444,900

  • 3 Beds
  • 2.5 Baths
  • 4,115 Sq Ft

  12110 Sunrise Ct, Indianapolis, IN 46229

  Welcome to 12110 Sunrise Ct, where space, comfort, and versatility come together in the heart of Valley Brook Farms. Tucked away on a quiet cul-de-sac and set on nearly 3/4 of an acre, this home is packed with features that are hard to find at this price point. With almost 4,200 square feet of finished living space, you'll have all the room you need-plus the extras you've been dreaming of. The

  Josh Neuman @properties

  12110 Sunrise Ct, Indianapolis, IN 46229
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  $450,000

  • 3 Beds
  • 2 Baths
  • 1,455 Sq Ft

  5627 Winthrop Ave, Indianapolis, IN 46220

  This beautifully updated 3 Bed 2 Bath Bungalow, located just outside of Forest Hills within Meridian Kessler, offers direct access to The Monon Trial from the privacy fenced in backyard. This property combines luxury living with an active lifestyle. Now featuring a new roof & gutters, privacy fenced in backyard, built in fire pit area, walkway from house to The Monon Trail, fresh exterior paint,

  Zac Canull Canull Group LLC

  5627 Winthrop Ave, Indianapolis, IN 46220
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  $450,000

  • 4 Beds
  • 2.5 Baths
  • 2,717 Sq Ft

  1031 Golf Ln, Indianapolis, IN 46260

  Welcome to this move-in ready, immaculately maintained, completely updated 4BR/2.5BA home on over 1/2 acre lot nestled in the perfect location in Washington Township! This spacious home features over 2,700 sf of finished living space and offers a flexible floorplan featuring a cozy fireplace and custom built-ins throughout. The entire home has been updated, creating a modern and inviting

  Andy Tresize Compass Indiana, LLC

  1031 Golf Ln, Indianapolis, IN 46260
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  $465,000

  • 3 Beds
  • 3 Baths
  • 3,752 Sq Ft

  8618 Log Run Dr S, Indianapolis, IN 46234

  Welcome to your dream home near Eagle Creek in Indianapolis! This stunning ranch has been completely renovated to perfection, featuring an expansive 3,527 square feet of living space. Enter through the door to find radiant laminate hardwoods flowing throughout the open layout with vaulted ceilings. The gourmet kitchen is exquisite, offering soft-close cabinets and sparkling new stainless steel

  Tim Houterloot Keller Williams Indpls Metro N

  8618 Log Run Dr S, Indianapolis, IN 46234
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  $450,000

  • 4 Beds
  • 2 Baths
  • 2,268 Sq Ft

  6835 Willow Rd, Indianapolis, IN 46220

  You've found a great home in coveted Arden! This 4-bedroom, 2-bath home offers 2,268 square feet of finished living space, plus a full basement, in one of Indianapolis's most sought-after neighborhoods. Set on a quiet, tree-lined street in the heart of Arden, it's a rare chance to own a classic home with both charm and room to grow. Inside, you'll find a well-maintained interior with hardwood

  Dylan Hostetter CENTURY 21 Scheetz

  6835 Willow Rd, Indianapolis, IN 46220
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  $449,000

  • 3 Beds
  • 2 Baths
  • 2,024 Sq Ft

  8237 N College Ave, Indianapolis, IN 46240

  This one checks all the boxes! Whether you're buying your first home or looking to downsize, this 3-bedroom, 2-bath ranch in the popular Windcombe neighborhood blends original charm with modern convenience. The fully renovated kitchen was redesigned into an open-concept space that flows beautifully to the rest of the house. The oversized center island is great for meal prep, casual dinners, or

  Robbin Edwards Encore Sotheby's International

  8237 N College Ave, Indianapolis, IN 46240
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  $450,000

  • 4 Beds
  • 3 Baths
  • 3,445 Sq Ft

  1722 Friendship Dr, Indianapolis, IN 46217

  Welcome to this beautifully maintained all-brick ranch home nestled in a quiet, well-established neighborhood. Offering 4 spacious bedrooms and 3 full bathrooms, this property blends timeless charm with thoughtful updates and modern conveniences-perfect for comfortable living and effortless entertaining. From the moment you arrive, you'll appreciate the home's curb appeal and the inviting

  Sarah Hockenbury Berkshire Hathaway Home

  1722 Friendship Dr, Indianapolis, IN 46217
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  $450,000

  • 4 Beds
  • 2 Baths
  • 2,889 Sq Ft

  1339 W Stop 11 Rd, Indianapolis, IN 46217

  Welcome to this spacious Perry Township home, nestled on over 2 acres with approximately 1.5 fenced. This home features 4 bedrooms, 2 full baths and over 2800 square feet of living space, there's plenty of room for everyone. The home has a number of recent updates/upgrades including new HVAC in 2021, new roof on house and barn 2018, Pergo flooring in the dining, living, hallway, 3 bedrooms, foyer

  Jack Ray The Stewart Home Group

  1339 W Stop 11 Rd, Indianapolis, IN 46217
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  $439,500

  • 3 Beds
  • 2 Baths
  • 2,374 Sq Ft

  5326 Mohican Rd, Indianapolis, IN 46220

  Fall in love with this stunning updated ranch on a spacious .62-acre corner lot in a mature, established neighborhood with no HOA. This rare gem has only had two different families as owners, and blends modern updates with timeless character. The show-stopping great room features soaring cathedral ceilings, plenty of windows, and incredible natural light- perfect for entertaining or relaxing

  Monique Nickolson Hanza Realty, LLC

  5326 Mohican Rd, Indianapolis, IN 46220
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  $465,000

  • 6 Beds
  • 3.5 Baths
  • 3,466 Sq Ft

  7118 Estes Dr, Indianapolis, IN 46239

  Discover this stunning 6-bedroom, 3.5-bath two-story home in highly sought-after Franklin Township. Built less than a year ago, this like-new residence offers modern style, an open-concept layout, and plenty of space for today's lifestyle. The main floor boasts a bright and open kitchen with a large center island, all stainless steel appliances (included), and seamless flow into the dining area

  Steven Lyday F.C. Tucker Company

  7118 Estes Dr, Indianapolis, IN 46239
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  $465,000

  • 4 Beds
  • 3 Baths
  • 2,024 Sq Ft

  5932 Broadway St, Indianapolis, IN 46220

  Welcome to 5932 Broadway, where modern convenience meets Meridian-Kessler charm. Tucked away on a quiet street just steps from some of Indy's favorite restaurants and parks, this home invites you in with a wide front porch-perfect for morning coffee or evenings with friends. Inside, the main level offers a spacious living and dining area that flows into a classic kitchen, complete with granite

  Hayley Molin @properties

  5932 Broadway St, Indianapolis, IN 46220
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  $449,000

  • 4 Beds
  • 2.5 Baths
  • 1,904 Sq Ft

  5488 N German Church Rd, Indianapolis, IN 46235

  Discover a hidden oasis that offers pure tranquility, as well as the convenience of being minutes from the center of Lawrence. This nature lover's paradise provides access to wooded trails, creekside views and an abundance of wildlife viewing. With a spacious wrap around covered front porch and massive backyard deck, you will have no shortage of options for enjoying the incredible scenery that

  Joel Newman Blue Sky Realty Group

  5488 N German Church Rd, Indianapolis, IN 46235
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  $449,900

  • 3 Beds
  • 2 Baths
  • 1,913 Sq Ft

  6711 Lafayette Rd, Indianapolis, IN 46278

  HUGE $50,000 PRICE REDUCTION! Nestled on over an acre of beautiful land, this charming 3-bedroom, 2-bathroom one level home combines mid-century charm with modern updates from head to toe! Welcoming front porch leads you to the living room with fireplace, built-in bookshelves and lovely flooring. The formal dining room featuring built-in cabinets and custom wainscoting offers a harmonious blend

  Sathya Kattragadda CENTURY 21 Scheetz

  6711 Lafayette Rd, Indianapolis, IN 46278
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  /40

  $445,000

  • 5 Beds
  • 3 Baths
  • 3,272 Sq Ft

  7301 Deerberg Dr, Indianapolis, IN 46259

  7301 Deerberg DR, INDIANAPOLIS, IN, this single-family residence in Indianapolis presents an attractive property in great condition. The kitchen provides an open and inviting space with its large kitchen island, perfect for gatherings and culinary creations, while the sleek shaker cabinets offer generous storage and a touch of contemporary style; the kitchen bar provides an additional area for

  Sharanpreet Kaur Highrise Realty LLC

  7301 Deerberg Dr, Indianapolis, IN 46259
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  $439,900

  • 4 Beds
  • 2.5 Baths
  • 3,289 Sq Ft

  9053 Fitzgerald Dr, Indianapolis, IN 46239

  Spacious 4BR/2.5BA two-story home in Franklin Township! Featuring elegant arched entryways & stylish vinyl plank flooring throughout the main-lvl. Open floor plan includes private office w/ double doors, cozy great rm w/ dual-sided gas-log FP shared w/ breakfast rm, & beautifully updated kitchen w/ SS appliances, quartz c-tops, breakfast bar & large 7x5 walk-in pantry. Mudroom & half bath

  Jeffrey Cummings RE/MAX Complete

  9053 Fitzgerald Dr, Indianapolis, IN 46239
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  /60

  $439,900

  • 3 Beds
  • 2.5 Baths
  • 3,424 Sq Ft

  7029 Kingswood Cir, Indianapolis, IN 46256

  Located on a quiet cul-de-sac in the sought-after Avalon Hills neighborhood, this all-brick ranch with a finished walk-out basement offers the perfect blend of comfort and style. Inside, the heart of the home is a beautifully remodeled kitchen with a large center island, farmhouse sink, granite countertops, and sleek stainless steel appliances - perfect for cooking, gathering, and everyday

  Michael Feldman Compass Indiana, LLC

  7029 Kingswood Cir, Indianapolis, IN 46256
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  $450,000

  • 4 Beds
  • 3.5 Baths
  • 3,500 Sq Ft

  19 E Regent St, Indianapolis, IN 46225

  Welcome home! This stunning 4 bed, 3.5 bath double corner lot home located in the booming Old Southside has been thoughtfully remodeled down to the studs and is ready for you to call home. Just 5 minutes south of downtown Indianapolis and a quick hop to Garfield Park, you are minutes from everything Indy has to offer. Walk in and you are instantly greeted with a grand staircase, soaring ceilings,

  Courtney Inman @properties

  19 E Regent St, Indianapolis, IN 46225

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