Indianapolis, IN Homes for Sale under $500,000

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  /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
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  /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
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  /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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  /23

  $449,000

  • 4 Beds
  • 2.5 Baths
  • 3,346 Sq Ft

  8754 Nora Woods Dr, Indianapolis, IN 46240

  Welcome to this spacious two-level home with a finished basement in the desirable Marion/Washington Township area of Indianapolis, offering a perfect blend of comfort, flexibility, and room to grow. Inside, you'll find multiple inviting living and gathering areas ideal for both entertaining and everyday living, while the thoughtful layout provides a natural sense of privacy and flow. A 2-car

  Robert Davenport Plum Tree Realty

  8754 Nora Woods Dr, Indianapolis, IN 46240
• 

  

  /2

  $467,710

  New Construction $11K PRICE INCREASE

  • 5 Beds
  • 3 Baths
  • 3,052 Sq Ft

  6138 Countryside Forge Way, Indianapolis, IN 46259

  Welcome to 6138 Countryside Forge Way, Indianapolis, Indiana — a stunning new construction home built by M/I Homes. This thoughtfully designed home offers 3,052 square foot of living space, featuring 5 bedrooms, 3 full bathrooms, and an owner's bedroom conveniently located on the upper level.Key Features: First-floor guest suite Electric fireplace Loft Walk-in closet in every bedroom Step

  M/I Homes Builder

  6138 Countryside Forge Way, Indianapolis, IN 46259
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  /40

  $445,000

  • 4 Beds
  • 2.5 Baths
  • 3,859 Sq Ft

  1585 Danielle Dr, Indianapolis, IN 46231

  Don't Miss to see this beautiful house! It offers large open concept with two gathering rooms, separate dining and kitchen nook area and Guest living space. You will love the upstairs owner suite with large walk-in-closet and all other bedrooms offer walk-in closet. Amazing upgrades to the flooring with wood floor and Titles combination on both floor. It has huge backyard patio with beautiful

  Rajwinder Kaur Diamond Realty, Inc

  1585 Danielle Dr, Indianapolis, IN 46231
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  /27

  $469,000

  • 4 Beds
  • 3.5 Baths
  • 2,728 Sq Ft

  1419 Wright St, Indianapolis, IN 46203

  Experience modern living in this fully renovated 4-bedroom, 3.5-bath home located in the sought-after Bates-Hendricks neighborhood. Every inch of this property has been thoughtfully updated, blending contemporary style with everyday comfort. Enjoy a spacious open floor plan, a sleek new kitchen with high-end finishes, plus a luxurious primary and junior suite. The fenced-in backyard offers the

  Ben DeCamp F.C. Tucker Company

  1419 Wright St, Indianapolis, IN 46203
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  /96

  $444,995

  New Construction $10K PRICE DROP

  • 4 Beds
  • 3.5 Baths
  • 2,352 Sq Ft

  1025 Churchman Ave, Indianapolis, IN 46203

  New construction 4BR/3.5BA in a high-growth pocket just minutes from Fountain Square, Downtown Indy, and Garfield Park. Modern exterior with clean lines, covered front porch, and upper balcony, offering strong curb appeal with a slightly more streamlined design. Inside, soaring ceilings, oversized black-framed windows, and luxury vinyl plank flooring create a bright, open feel throughout. The

  Samuel Henen HSI Commercial & Residential Group, Inc

  1025 Churchman Ave, Indianapolis, IN 46203
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  /34

  $439,900

  New Construction

  • 2 Beds
  • 3.5 Baths
  • 1,901 Sq Ft

  1651 Lexington Ave, Indianapolis, IN 46203

  Looking for easy living in a walkable Fountain Square location? Look no further! 1651 Lexington is a brand new construction 3 story townhome near all that Fountain Square and downtown Indianapolis has to offer. Enter the home on the ground floor to find an office / living area that could be easily converted to a third bedroom (closet already in place). A full bath with shower stall is ready to go

  Joshua Carpenter Trueblood Real Estate

  1651 Lexington Ave, Indianapolis, IN 46203
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  /29

  $449,919

  New Construction $27K PRICE DROP

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

  4219 Bumps End Dr, 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

  4219 Bumps End Dr, Indianapolis, IN 46239
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  /30

  $439,000

  New Construction $11K PRICE DROP

  • 4 Beds
  • 2.5 Baths
  • 1,800 Sq Ft

  1429 Deloss St, Indianapolis, IN 46201

  Modern New Build in Fountain Square! Be the first to live in this beautifully crafted 4-bedroom, 2.5-bath new construction home just steps from the heart of Fountain Square. With 1,800 square feet of thoughtfully designed space, this home blends open-concept living with stylish finishes and urban convenience. The main level features a spacious layout perfect for entertaining, complete with

  Mark Branch Highgarden Real Estate

  1429 Deloss St, Indianapolis, IN 46201
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  /84

  $445,000

  • 4 Beds
  • 3 Baths
  • 3,304 Sq Ft

  8232 Meadow Bend Dr, Indianapolis, IN 46259

  WELCOME HOME ~ Fantastic home in Franklin Township! Step into luxury and comfort in this beautifully designed 4-bedroom, 3 full bath home offering the perfect blend of elegance, functionality, and breathtaking outdoor views. The thoughtfully designed floor plan features both the spacious primary suite and a second bedroom conveniently located on the main level, ideal for guests, a home office, or

  Lori Crosley CENTURY 21 Scheetz

  8232 Meadow Bend Dr, Indianapolis, IN 46259
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  /39

  $459,990

  New Construction $40K PRICE DROP

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

  7942 Beaumont Green Place, Indianapolis, IN 46250

  Welcome to your dream home in the prestigious Beaumont on the Green neighborhood! This brand new, meticulously designed condo offers an unparalleled living experience with its blend of luxury and comfort. Featuring 2 spacious bedrooms and 2 beautifully appointed full baths, covered porch offers a serene outdoor retreat, perfect for relaxing and entertaining guests. The gourmet kitchen is equipped

  Ally Gallagher Keller Williams Indpls Metro N

  7942 Beaumont Green Place, Indianapolis, IN 46250
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  /43

  $445,000

  • 4 Beds
  • 3 Baths
  • 1,492 Sq Ft

  2038 N College Ave, Indianapolis, IN 46202

  Sophisticated Urban Living & Investment Opportunity in Kennedy-King. This modern 5BR/4BA residence offers over 1,400 sq ft of living space across 2 levels along with a 3-car CARRIAGE HOUSE. The main floor a main level features a seamless open-concept layout with spacious living/dining area, a gourmet kitchen with granite countertops, and a versatile MAIN LEVEL BEDROOM with a FULL BATH. Upstairs,

  Mina Kadhum Trueblood Real Estate

  2038 N College Ave, Indianapolis, IN 46202
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  /47

  $445,000

  $20K PRICE DROP

  • 2 Beds
  • 2 Baths
  • 1,690 Sq Ft

  2020 Mystic Bay Ct, Indianapolis, IN 46240

  Enjoy living among nature in this beatifully maintained ranch home in sought after Mystic Bay. Enjoy the lake for fishing, boating, swimming and simply sitting on your deck or in your sunroom and watching the water and wildlife. There is also tennis and pickleball or you can take walks around the lake on our private nature trail. This is a very active and friendly community with frequent get

  Joan Rubenstein F.C. Tucker Company

  2020 Mystic Bay Ct, Indianapolis, IN 46240
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  /42

  $445,000

  • 4 Beds
  • 2.5 Baths
  • 2,438 Sq Ft

  142 E Banta Rd, Indianapolis, IN 46227

  Lora Reynolds Epique Inc

  142 E Banta Rd, Indianapolis, IN 46227
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  /48

  $439,000

  • 3 Beds
  • 1 Bath
  • 1,825 Sq Ft

  7703 Clarendon Rd, Indianapolis, IN 46260

  Fully Renovated Brick Ranch w/ Basement in Quiet Pocket of Washington Township! Move right into this beautifully renovated brick ranch tucked away in a peaceful Washington Township neighborhood! This home is packed with updates and custom details, including new hardwood floors throughout, Craftsman-style trim and moldings, a brick-surround fireplace, smooth ceilings, and a freshly painted

  Cate Waggoner-Lee RE/MAX Advanced Realty

  7703 Clarendon Rd, Indianapolis, IN 46260
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  /14

  $437,990

  New Construction

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

  7407 Leatherwood Dr, 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

  7407 Leatherwood Dr, Indianapolis, IN 46259
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  /24

  $449,000

  $10K PRICE DROP

  • 2 Beds
  • 2 Baths
  • 1,459 Sq Ft

  624 E Walnut St Unit 21, Indianapolis, IN 46204

  Welcome home to Mill No. 9 Lofts in the heart of Mass Ave! This rare corner unit blends modern industrial design with soaring 14-foot cathedral ceilings, exposed ductwork, and dramatic floor-to-ceiling windows overlooking the vibrant cityscape. The home seamlessly combines authentic urban character with thoughtful modern upgrades, offering effortless city living. Located in the bustling Mass Ave

  Patricia McCormick Trueblood Real Estate

  624 E Walnut St Unit 21, Indianapolis, IN 46204
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  /26

  $439,900

  $10K PRICE DROP

  • 4 Beds
  • 3.5 Baths
  • 2,164 Sq Ft

  812 E Minnesota St, Indianapolis, IN 46203

  Newer construction in the highly sought after Bates-Hendricks neighborhood! This stunning home offers four bedrooms, three full baths, and one half bath with an open-concept layout designed for modern living. The kitchen is a true showstopper, featuring high end finishes and a custom hidden pantry you have to see to believe. The main level includes a bedroom and full bath perfect for guests or a

  Seth Patton Luxcity Realty

  812 E Minnesota St, Indianapolis, IN 46203
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  /59

  $445,000

  $5K PRICE DROP

  • 4 Beds
  • 2.5 Baths
  • 2,400 Sq Ft

  7719 Huff St, Indianapolis, IN 46259

  Located in highly desirable Franklin Township, this beautifully rebuilt home was taken down to the studs and completely reconstructed just three years ago, offering the perfect blend of modern updates and peace of mind. Every detail has been thoughtfully upgraded, creating a home that feels nearly new throughout. The property features a spacious three-car garage with impressive 10-foot-tall

  Samuel Strouse CENTURY 21 Scheetz

  7719 Huff St, Indianapolis, IN 46259
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  /32

  $440,000

  • 10 Beds
  • 6 Baths
  • 2,552 Sq Ft

  2411 W 62nd St, Indianapolis, IN 46268

  Welcome to 2411 W 62nd St, Indianapolis, a spacious and versatile property offering exceptional flexibility for both homeowners and investors. With three separate living spaces, this unique home presents an ideal opportunity for multi-generational living, house hacking, or strong rental income potential. Each living area provides its own distinct space for comfort and privacy, making it easy to

  Maria Lasher eXp Realty LLC

  2411 W 62nd St, Indianapolis, IN 46268
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  /35

  $439,900

  New Construction

  • 2 Beds
  • 3.5 Baths
  • 1,901 Sq Ft

  1655 Lexington Ave, Indianapolis, IN 46203

  Looking for easy living in a walkable Fountain Square location? Look no further! 1651 Lexington is a brand new construction 3 story townhome near all that Fountain Square and downtown Indianapolis has to offer. Enter the home on the ground floor to find an office / living area that could be easily converted to a third bedroom (closet already in place). A full bath with shower stall is ready to go

  Joshua Carpenter Trueblood Real Estate

  1655 Lexington Ave, Indianapolis, IN 46203
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  /16

  $451,980

  $106K PRICE DROP

  • 4 Beds
  • 3.5 Baths
  • 5,845 Sq Ft

  8171 Rush Place, Indianapolis, IN 46250

  Beautiful Georgian 2 story home with beautiful hardwoods with fireplace. Main floor master bedroom with den and dining room. Lovely patio and garden spot with a welcoming front porch to spend the evenings with a cocktail. Two generous bedrooms up with a Jack and Jill bath to share. 2 car rear loading garage. Sycaamore Springs is a gated community wuith charm and beauty. This lovely home needs a

  Jennifer Wilmoth Wilmoth Group

  8171 Rush Place, Indianapolis, IN 46250
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  /2

  $444,990

  New Construction $22K PRICE DROP

  • 5 Beds
  • 3.5 Baths
  • 2,969 Sq Ft

  6133 Countryside Forge Way, Indianapolis, IN 46259

  Discover this stunning new construction home at 6133 Countryside Forge Way in Indianapolis, featuring exceptional design and quality craftsmanship by M/I Homes. This impressive 2,957 square foot home offers spacious living with thoughtfully designed spaces throughout. Key Features: 5 bedrooms, 3.5 bathrooms 2.5-car garage First-floor guest suite addition Electric fireplace Walk-in kitchen pantry

  M/I Homes Builder

  6133 Countryside Forge Way, Indianapolis, IN 46259
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  /36

  $444,900

  $5K PRICE DROP

  • 3 Beds
  • 2.5 Baths
  • 2,092 Sq Ft

  2846 Mac Pherson Ave, Indianapolis, IN 46205

  Welcome to this beautifully designed home in the sought-after Monon Yard Neighborhood. Ideally located just moments from the Monon Trail. This newer construction offers a modern open-concept layout with raised ceilings, creating a bright and spacious feel throughout. The kitchen features custom cabinetry, walk-in pantry, quartz countertops, ample storage, and a large island - perfect for everyday

  Carrie Wheeler Risse Realty

  2846 Mac Pherson Ave, Indianapolis, IN 46205
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  /2

  $449,990

  New Construction $22K PRICE DROP

  • 3 Beds
  • 2.5 Baths
  • 1,909 Sq Ft

  1837 Real St, Indianapolis, IN 46240

  Discover this exceptional new construction home at 1837 Real Street in Indianapolis, built by M/I Homes. This thoughtfully designed 1,909 square foot home offers 3 bedrooms and 2.5 bathrooms, featuring an open-concept living space perfect for both daily life and entertaining. Key Features: Study upgrade Electric fireplace Extended veranda Owner's en-suite bathroom The home's floorplan maximizes

  M/I Homes Builder

  1837 Real St, Indianapolis, IN 46240
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  /28

  $439,900

  New Construction

  • 5 Beds
  • 3.5 Baths
  • 3,062 Sq Ft

  Johnstown Plan at Fields at Sugar Creek, New Palestine, IN 46163

  D.R. Horton, America’s Builder, proudly presents the Johnstown, a masterpiece of modern living. Spanning an impressive 3,062 square feet, the Johnstown is designed to fulfill all your desires and more. With 5 generously sized bedrooms and 3.5 luxurious baths, it caters to families seeking both space and comfort. The home’s oversized side load garage adds practicality and convenience to this

  D.R. Horton Builder

  7961 Magnolia St Unit 36206464, New Palestine, IN 46163
• 

  /2

  $414,710

  New Construction

  • 4 Beds
  • 2.5 Baths
  • 2,014 Sq Ft

  10014 Redwood Peak Ln, Indianapolis, IN 46259

  Prepare to fall in love with 10014 Redwood Peak Lane in Indianapolis, Indiana — a beautifully crafted new construction home by M/I Homes. This thoughtfully designed 2-story residence offers 2,014 square feet of living space, featuring 4 bedrooms, 2.5 bathrooms, a versatile flex room, and an inviting loft that provide both privacy and generous shared spaces.Step inside to an open-concept main

  M/I Homes Builder

  10014 Redwood Peak Ln, Indianapolis, IN 46259
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  /42

  $499,900

  • 4 Beds
  • 2 Baths
  • 3,079 Sq Ft

  10307 Orchard Park Dr S, Indianapolis, IN 46280

  WOW! Glorious! Amazing! Welcome to this completely renovated Carmel home located in the highly sought-after Home Place community - with NO HOA! This stunning property has undergone a full transformation and offers a spacious, functional floor plan filled with modern upgrades throughout. Recent improvements completed in 2026 include fresh neutral interior and exterior paint, new framing and roof,

  Xuesong Yan United Real Estate Indpls

  10307 Orchard Park Dr S, Indianapolis, IN 46280
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  /42

  $420,000

  $30K PRICE DROP

  • 5 Beds
  • 4 Baths
  • 2,598 Sq Ft

  19 N Ritter Ave, Indianapolis, IN 46219

  A delightful home that presents itself as an attractive property in great condition, ready for its discerning admirer. This single-family residence, originally brought to life in 1900, offers a unique charm with its 1.5 stories, beckoning those who appreciate a blend of character and contemporary flair. The kitchen, a true heart of culinary creativity, boasts a generous kitchen bar perfect for

  Landon Buesching 1 Percent Lists Indiana Real Estate

  19 N Ritter Ave, Indianapolis, IN 46219
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  /42

  $479,900

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

  2132 N Pennsylvania St, Indianapolis, IN 46202

  Enjoy townhouse living with NO HOA in this peaceful escape right near the center of Indianapolis. Located in desirable Herron-Morton, it's designed for easy, modern living. Each of the three bedrooms includes its own private bath, creating a personal oasis for everyone. Choose your favorite spot to unwind-the charming covered front porch or the open back deck, perfect for a quiet morning coffee

  Doug Dilling United Real Estate Indpls

  2132 N Pennsylvania St, Indianapolis, IN 46202
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  /79

  $449,995

  New Construction $10K PRICE DROP

  • 4 Beds
  • 3.5 Baths
  • 2,380 Sq Ft

  1021 Churchman Ave, Indianapolis, IN 46203

  New construction 4BR/3.5BA in a high-growth pocket just minutes from Fountain Square, Downtown Indy, and Garfield Park. Striking cedar and board-and-batten exterior with covered front porch and upper balcony, complemented by cedar soffit detail. Inside, 9-10 ft ceilings, oversized black-framed windows, and luxury vinyl plank flooring create a bright, modern feel throughout. The chef's kitchen is

  Samuel Henen HSI Commercial & Residential Group, Inc

  1021 Churchman Ave, Indianapolis, IN 46203
• 

  

  /90

  $479,000

  New Construction

  • 5 Beds
  • 3 Baths
  • 3,549 Sq Ft

  5344 Writt Ct, Indianapolis, IN 46239

  Jesse Singh Blue Flag Realty Inc

  5344 Writt Ct, Indianapolis, IN 46239
• 

  

  /4

  $475,000

  New Construction

  • 6 Beds

  4237 Evanston Ave, Indianapolis, IN 46205

  Proposed New Construction Duplex | 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
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  /9

  $499,000

  • Land
  • 4 Acres
  • $124,750 per Acre

  9053 Sargent Rd, Indianapolis, IN 46256

  A rare opportunity to own nearly 4 acres of pristine, wooded land in one of Indianapolis' most desirable northeast corridors. Tucked away on Sargent Rd, this exceptional property offers a private, estate-like setting defined by rolling topography, towering mature hardwoods, and a picturesque tributary that winds through the property and feeds directly into Mud Creek. The natural landscape creates

  Miles Mattingly Miles Mattingly

  9053 Sargent Rd, Indianapolis, IN 46256
• 

  

  /11

  $400,000

  • Land
  • 27,094 Sq Ft
  • $643,087 per Acre

  3138 N Pennsylvania St, Indianapolis, IN 46205

  Lot can be purchase as a double lot at this price or can be sold individually sold 2- 50' lots.Capture this unique opportunity to build the home of your dreams with the ReDevelopment Group on this magnificent double 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

  Jenni Bliss McMillion @properties

  3138 N Pennsylvania St, Indianapolis, IN 46205
• 

  

  /39

  $419,000

  $6K PRICE DROP

  • 4 Beds
  • 2 Baths
  • 1,992 Sq Ft

  401 E 37th St, Indianapolis, IN 46205

  Welcome to 401 E 37th Street in Mapleton-Fall Creek, a classic blending gorgeous original details with thoughtful updates. Original wood trim, built-ins, and a working gas fireplace create warmth and character, while a refreshed kitchen and dining space bring function and flow for everyday living. The main level includes a rare full bath, adding flexibility for guests and daily use. On the second

  Emily Burford @properties

  401 E 37th St, Indianapolis, IN 46205
• 

  /2

  $430,710

  New Construction

  • 5 Beds
  • 3 Baths
  • 2,719 Sq Ft

  6034 Paperbark Way, Indianapolis, IN 46259

  From the bright and open main floor to the spacious loft upstairs, there’s so much to love about the Foster floorplan available to build in Indianapolis Metro! Here’s a glimpse at what you’ll find throughout its 2,714–3,836 square feet:4–5 bedrooms, each with its own walk-in closet2–3.5 bathroomsFlex room or double-door studyOptional guest suite with a full bath in place of the

  M/I Homes Builder

  6034 Paperbark Way, Indianapolis, IN 46259
• 

  

  /4

  $499,900

  • Land
  • 4,791 Sq Ft
  • $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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