Indianapolis, IN Homes for Sale under $500,000

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  /44

  $425,000

  • 5 Beds
  • 4 Baths
  • 3,325 Sq Ft

  3041 S Kercheval Dr, Indianapolis, IN 46239

  RARE opportunity to own an UPDATED, highly adaptable property in Franklin Township offering multiple private living spaces and income potential all on nearly half an acre. Originally built as a ranch-style home and since extensively expanded and improved, now offering approx. 3,325sqft of living space configured to support a variety of use cases. The main residence features 4 bedrooms and 2 full

  Nathaniel Wozniak Berkshire Hathaway Home

  3041 S Kercheval Dr, Indianapolis, IN 46239
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  /49

  $475,000

  • 4 Beds
  • 2.5 Baths
  • 3,112 Sq Ft

  6540 Cougar Ct, Indianapolis, IN 46237

  An outstanding opportunity awaits with this MOVE IN READY, 4-bedroom, 2.5-bathroom home featuring an IN-GROUND POOL in the desirable Westbrooke neighborhood! Situated on a generous half-acre lot, this property offers plenty of space for outdoor living, entertaining and activities. Enjoy summer fun in your private, heated 16x40 pool with an auto cover, or relax on the large, spacious patio,

  Ryan Radecki Highgarden Real Estate

  6540 Cougar Ct, Indianapolis, IN 46237
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  /38

  $415,000

  • 2 Beds
  • 2.5 Baths
  • 1,633 Sq Ft

  745 Bates St, Indianapolis, IN 46202

  Welcome to the townhomes at the Switchyard, located just steps from downtown's most popular attractions. Offering stunning skyline views from a private rooftop patio, this home provides the very best in urban living. The property features a finished, attached two-car garage that opens into a main-level flex room, ideal for a home office or additional living space. Upstairs, you will find two

  Will Lonnemann F.C. Tucker Company

  745 Bates St, Indianapolis, IN 46202
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  /24

  $410,000

  • 4 Beds
  • 4 Baths
  • 2,120 Sq Ft

  257 N Tacoma Ave, Indianapolis, IN 46201

  Fully Renovated, Income-Producing Property! This turnkey property includes a 4-bed, 4-bath main home & a garage converted into a 2-bedroom, 1-bath apartment. Both units are tenant-occupied, generating $3,400/month in total rental income ($2,200 main home, $1,200 garage apartment).

  Max Welch eXp Realty, LLC

  257 N Tacoma Ave, Indianapolis, IN 46201
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  /26

  $450,000

  • 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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  /48

  $434,000

  • 3 Beds
  • 2.5 Baths
  • 3,397 Sq Ft

  9045 E 86th St, Indianapolis, IN 46256

  Welcome to this beautifully maintained 3-bedroom, 2.5-bath home situated on over an acre of picturesque land just minutes from Geist Reservoir. Perched on a scenic hilltop and tucked away on a private road off 86th Street, this property offers the perfect blend of privacy, space, and natural beauty-ideal for both peaceful living and family enjoyment. Surrounded by mature trees and overlooking a

  Rick Kunzer CENTURY 21 Scheetz

  9045 E 86th St, Indianapolis, IN 46256
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  /26

  $499,000

  • 3 Beds
  • 4 Baths
  • 2,082 Sq Ft

  239 E 11th St, Indianapolis, IN 46202

  Located in the St. Joseph Historic Neighborhood, this single-family residence presents an attractive property within walking distance to everything downtown. The living room is anchored by a fireplace, providing a warm and inviting atmosphere for relaxation and gatherings. The kitchen offers a culinary experience featuring a large kitchen island that provides ample space for food preparation and

  Mark Sprout Spruckett Realty, LLC

  239 E 11th St, Indianapolis, IN 46202
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  /36

  $499,000

  • 4 Beds
  • 3 Baths
  • 2,376 Sq Ft

  8924 Acton Rd, Indianapolis, IN 46259

  RARE FIND in Franklin Township surrounded by open fields, creek and beautiful custom homes. Perched at the top of the hill, this beautiful two-story home at 8924 Acton Rd. offers timeless charm and peaceful surroundings on just over an acre of land. A welcoming wrap-around porch invites you to relax and enjoy the elevated setting and scenic views. Inside, the home features a huge lower level

  Delanie Schembra Indy's HomePro Realtors

  8924 Acton Rd, Indianapolis, IN 46259
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  /21

  $430,000

  • 4 Beds
  • 2 Baths

  2421 N Capitol Ave, Indianapolis, IN 46208

  Fully Renovated Duplex Near Ivy Tech - Turnkey Investment or Owner-Occupant Opportunity! Beautifully updated duplex located in a rapidly developing area just minutes from Ivy Tech Community College and a short drive to Downtown Indianapolis. Each side offers a spacious 4 bedrooms and 2 full bathrooms, creating strong rental appeal and flexible living options. Both units have been newly renovated

  Ely Berger The Modglin Group

  2421 N Capitol Ave, Indianapolis, IN 46208
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  /52

  $499,000

  • 3 Beds

  405 N Keystone Ave, Indianapolis, IN 46201

  Unique opportunity to own this fully renovated duplex just minutes from Downtown Indianapolis. This true multifamily property features two large mirror-image units, each offering 3 bedrooms and 2.5 bathrooms, for a combined total of 6 bedrooms, 4 full baths, and 2 half baths. Each unit welcomes you with a covered front porch before entering bright living spaces with 9-foot ceilings, historic

  Tyler Willis @properties

  405 N Keystone Ave, Indianapolis, IN 46201
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  /72

  $425,000

  • 3 Beds
  • 2.5 Baths
  • 2,339 Sq Ft

  8853 Briarclift Rd, Indianapolis, IN 46256

  Welcome Home! to this beautifully updated 1960's ranch tucked away in the charming and sought-after Lantern Hills neighborhood. Your new home sits back on an oversized lot of more than half an acre, offering a rare blend of privacy, space, and character-with no HOA. Located just off Fall Creek, the home provides easy access to everything while remaining quietly situated among mature trees and

  Kassidy McCowan Weichert REALTORS® Cooper Group Indy

  8853 Briarclift Rd, Indianapolis, IN 46256
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  /79

  $469,900

  • 4 Beds
  • 3 Baths
  • 2,918 Sq Ft

  4407 Moss Ridge Ln, Indianapolis, IN 46237

  Space to gather, room to grow, and a setting to enjoy-this nearly 3,000 sq. ft. home offers flexible living and pondside outdoor space just 12 minutes from downtown Indianapolis. Designed in a traditional layout with generous room sizes, this well-cared for home provides a comfortable and inviting setting for everyday living and entertaining. Spacious yet welcoming living areas create the perfect

  Deborah Harris Advantage Realty Group LLC

  4407 Moss Ridge Ln, Indianapolis, IN 46237
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  /32

  $409,000

  • 4 Beds
  • 2.5 Baths
  • 2,261 Sq Ft

  7319 Wooden Grange Dr, Indianapolis, IN 46259

  Welcome home to this beautiful 4-bedroom, 2.5-bath ranch located in desirable Franklin Township! This well-maintained property features durable luxury vinyl plank flooring throughout and a spacious layout perfect for everyday living and entertaining. The kitchen is highlighted by stunning quartz countertops and plenty of space for meal prep and gatherings. Enjoy relaxing in the bright 10x12

  Greg Keyler HIVE Realty Group

  7319 Wooden Grange Dr, Indianapolis, IN 46259
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  /65

  $425,000

  • 4 Beds
  • 3 Baths
  • 2,581 Sq Ft

  4402 Brown Rd, Indianapolis, IN 46226

  Welcome to this beautifully renovated 4-bedroom, 3 full bath home located in the highly desirable Devon Hills neighborhood in Washington Township. Nestled on a spacious .69-acre lot with mature trees and rolling landscape, this property offers both privacy and timeless charm. Inside, you'll find extensive updates completed within the last few years, including new kitchen appliances, cabinets,

  Cara Burgett Berkshire Hathaway Home

  4402 Brown Rd, Indianapolis, IN 46226
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  /32

  $477,000

  • 3 Beds
  • 3 Baths
  • 2,521 Sq Ft

  3642 Coliseum Ave, Indianapolis, IN 46205

  A house built with purpose in 2024! This fully furnished, beautifully designed home features 9-10-foot ceilings on both levels. The primary bedroom includes two walk-in closets. One of the many features of this home is a tankless water heater. Three bedrooms, 3 full bathrooms. This home comes with all the modern amenities needed for comfortable living close to downtown Indianapolis, the Indiana

  Jemie Koda Highgarden Real Estate

  3642 Coliseum Ave, Indianapolis, IN 46205
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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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  /32

  $450,000

  • 4 Beds
  • 3 Baths
  • 3,350 Sq Ft

  8036 Bittern Ln, Indianapolis, IN 46256

  Welcome to this spacious and sprawling custom ranch in the desirable Eagle Nest neighborhood. This thoughtfully designed home offers 4 bedrooms and 3 full baths, including a private primary suite and two additional bedrooms on the main level, plus a fourth bedroom upstairs with its own full bath and extra living space-perfect for guests, a home office, or a private retreat. The open and

  Lauren Blake Berkshire Hathaway Home

  8036 Bittern Ln, Indianapolis, IN 46256
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  /84

  $474,999

  • 5 Beds
  • 3.5 Baths
  • 3,371 Sq Ft

  10507 Pokagon Way, Indianapolis, IN 46239

  Space, comfort, and major updates come together beautifully in this impressive 5-bedroom, 3.5-bath home located in the highly desirable Wolf Run community. With generous living areas and thoughtful improvements already completed, this home offers the perfect blend of functionality and style. The main level features durable luxury vinyl plank flooring and a spacious layout designed for everyday

  Kimberly Lyon Hoosier, REALTORS®

  10507 Pokagon Way, Indianapolis, IN 46239
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  /40

  $495,000

  • 3 Beds
  • 2 Baths
  • 2,900 Sq Ft

  2606 N Delaware St, Indianapolis, IN 46205

  An enduring appeal emanates from 2606 N Delaware ST in INDIANAPOLIS, IN, USA, a single family residence showcasing itself as an attractive property in great condition. The living room offers a welcoming atmosphere, featuring a charming fireplace that provides a focal point for moments of repose. Elegant crown molding adorns the space, adding a touch of classic sophistication to the room's design.

  Mark Wesler eXp Realty, LLC

  2606 N Delaware St, Indianapolis, IN 46205
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  /61

  $479,000

  • 4 Beds
  • 3.5 Baths
  • 2,247 Sq Ft

  2045 N Broadway St, Indianapolis, IN 46202

  Sophisticated Urban Living & Investment Opportunity in Kennedy-King. This modern 5BR/4.5BA residence offers over 2,200 sq ft of living space across three finished levels. The main floor features a seamless open-concept layout with a spacious living/dining area, a gourmet kitchen, and a versatile dedicated office. Upstairs, the primary suite serves as a true retreat with an en-suite bath,

  Mina Kadhum Trueblood Real Estate

  2045 N Broadway St, Indianapolis, IN 46202
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  /41

  $425,000

  • 3 Beds
  • 3.5 Baths
  • 2,320 Sq Ft

  1038 Dawson St, Indianapolis, IN 46203

  BEST VALUE IN FOUNTAIN SQUARE for this knockout turnkey home. MUCH LARGER THAN IT LOOKS, with over 2,300 Sq. Ft. on the main & upper levels and larger than most of the competition. Fountain Square at its best inside and out of this 3 Bedroom 3 1/2 bath charmer! ALl bedrooms have their own private bathroom. The wonderful gourmet kitchen has numerous cabinets, plenty of quartz countertops, upgraded

  Michael Fox F.C. Tucker Company

  1038 Dawson St, Indianapolis, IN 46203
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  /26

  $500,000

  • 3 Beds
  • 2.5 Baths
  • 2,865 Sq Ft

  1528 Central Ave, Indianapolis, IN 46202

  Welcome to 1528 Central Ave, a property that exudes elegance and sophistication. The kitchen is a chef's dream, boasting an accent backsplash that adds a touch of style and a kitchen island that provides ample space for meal preparation. All stainless steel appliances are included, ensuring a sleek and modern look. The primary bathroom is a haven of relaxation, featuring double sinks for added

  Shelby Farrar Opendoor Brokerage LLC

  1528 Central Ave, Indianapolis, IN 46202
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  /36

  $410,000

  • 4 Beds
  • 2.5 Baths
  • 3,007 Sq Ft

  5657 Rundle Ct, Indianapolis, IN 46220

  Located in Allison Commons, one of Washington Township's premier modern communities, this spacious 4-bedroom home offers exceptional design, functionality, and location. The main level features soaring ceilings and a generous floor plan, including a formal dining room, living room, and an inviting family room with gas-log fireplace. The open-concept kitchen flows into the expansive family room,

  Frederick Catron F.C. Tucker Company

  5657 Rundle Ct, Indianapolis, IN 46220
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  /34

  $465,000

  • 3 Beds
  • 2.5 Baths
  • 2,246 Sq Ft

  8537 Railroad Rd, Indianapolis, IN 46217

  Rare Opportunity to own 2 parcels, almost 3 acres!!! This 3 bedroom, 2.5 bath home sits on a huge private lot and and also includes the additional parcel next to it, giving you space, privacy and possibilities that are hard to find. Whether you've been dreaming of extra outdoor space, a future build site, or simply the peace of having land around you, this property delivers! The home offers

  Suzanne Mayfield CENTURY 21 Scheetz

  8537 Railroad Rd, Indianapolis, IN 46217
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  /27

  $430,000

  • 3 Beds
  • 3 Baths
  • 2,842 Sq Ft

  918 N Hamilton Ave, Indianapolis, IN 46201

  918 Hamilton is located in the heart of Woodruff Place. This is an amazing walkable area with beautiful streetscapes, fountains, resturants, and coffee shops. The home has been totally renovated. The open concept main living area features 10' ceilings, 2 bedrooms, a gourmet kitchen, dining room and 2 beautiful bathrooms. The main floor owner's suite has its own private bathroom. Upstairs you'll

  Kimberly Walsh Keller Williams Indy Metro NE

  918 N Hamilton Ave, Indianapolis, IN 46201
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  /23

  $460,000

  • 6 Beds
  • 3 Baths

  412 N Bradley Ave, Indianapolis, IN 46201

  Income generating updated East side quadplex. All units are 2 bed, 1 bath with in-unit laundry. There is ample on and off street parking. The building was completely rehabbed in 2020. All systems were updated. Three of the units are currently occupied. The fourth is available for showings. This is the perfect opportunity for an investor or a house hacker that would like to live in the vacant

  Dan McNeal @properties

  412 N Bradley Ave, Indianapolis, IN 46201
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  /38

  $490,000

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

  4918 Palomino Trail, Indianapolis, IN 46239

  Great location in Big Run with beautiful pond view off the rear patio. Spacious 2 story great room with brick fireplace and many windows. Custom Kitchen with breakfast area and also a formal dining room, Hardwood floors & tile on the main floor living areas. Large master bedroom and master bath with whirlpool and shower. Large sunroom off master bedroom for your future hot tub or sauna. 3

  David Baird OK Baird, LLC

  4918 Palomino Trail, Indianapolis, IN 46239
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  /42

  $465,000

  • 4 Beds
  • 2.5 Baths
  • 2,974 Sq Ft

  6536 Wedgeport Ln, Indianapolis, IN 46259

  This truly beautiful home in Breckenridge, Franklin township is looking for its new owner! You will be wowed the minute you step into the arched portico entrance and be greeted by the Grand 2-Story Foyer, combined with stunning view of elegant marble-tiled floor, gracing the entire main level. The house, bright & spacious, featuring 4 Bedrooms (with a den on main floor that can be used as Living

  Le Uyen Matthews Keller Williams Indy Metro S

  6536 Wedgeport Ln, Indianapolis, IN 46259
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  /50

  $485,000

  • 4 Beds
  • 4.5 Baths
  • 2,490 Sq Ft

  2020 Ruckle St, Indianapolis, IN 46202

  Sophisticated Urban Living & Investment Opportunity in Kennedy-King. This modern 4BR/4.5BA residence offers over 2,200 sq ft of living space across three finished levels. The main floor features a seamless open-concept layout with a spacious living/dining area, a gourmet kitchen, and a versatile dedicated office. Upstairs, the primary suite serves as a true retreat with an en-suite bath,

  Mina Kadhum Trueblood Real Estate

  2020 Ruckle St, Indianapolis, IN 46202
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  /40

  $470,000

  • 6 Beds
  • 4 Baths

  3946 N College Ave, Indianapolis, IN 46205

  Investor Opportunity or Owner-Occupant Dream! Tastefully updated 3-bedroom, 2-bath duplex in a highly desirable location with strong rental demand. This well-maintained property offers a fantastic opportunity to live in one unit while generating income from the other - or add a turnkey investment to your portfolio. Each side features spacious living areas, updated finishes, and functional layouts

  Sarah Fishburn F.C. Tucker Company

  3946 N College Ave, Indianapolis, IN 46205
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  /9

  $450,000

  • 4 Beds
  • 4 Baths

  717 S Randolph St, Indianapolis, IN 46203

  Great investment opportunity to own a renovated duplex on the east side of the desirable Fountain Square neighborhood. Located less than a mile from the center of Fountain Square's vibrant area with popular restaurants, cafes, and local shopping. Completely renovated a few years back, each side of the duplex is a 2-story townhouse with 2 bedrooms and 2 full bathrooms and provides ideal separation

  Lisa Phillips Compass Indiana, LLC

  717 S Randolph St, Indianapolis, IN 46203
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  /59

  $439,900

  • 4 Beds
  • 2.5 Baths
  • 2,177 Sq Ft

  1415 Union St, Indianapolis, IN 46225

  Location, location, location. This pristine contemporary home built in 2025 is ideal for rental income or for a permanent residence. The interior layout presents 4 distinct bedrooms, each offering a private retreat designed to foster an atmosphere of personal comfort. Complementing these individual spaces, the property incorporates two full bathrooms and an additional half bathroom perfectly

  Kimberly Bell Bell Realty Group

  1415 Union St, Indianapolis, IN 46225
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  /19

  $475,000

  • 6 Beds
  • 4 Baths

  1525 Kennington St, Indianapolis, IN 46225

  Great investment opportunity to own a renovated duplex in the Bates Hendricks neighborhood. Located on a quiet residential street, it is only a mile from the center of Fountain Square's vibrant area with popular restaurants, cafes, and local shopping as well as only 1.5 mile from downtown Indianapolis. Completely renovated a few years back, each side of the duplex is a 2-story townhouse with 3

  Lisa Phillips Compass Indiana, LLC

  1525 Kennington St, Indianapolis, IN 46225
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  /45

  $489,900

  • 6 Beds
  • 6 Baths

  429 E Morris St, Indianapolis, IN 46225

  Rental amounts are speculative. What a welcome surprise in the Bates-Hendricks area. This Duplex with 2 units with each featuring 3 spacious bedrooms, 3 modern baths and contemporary comfort. This property has been thoughtfully renovated, from the stylish kitchens with custom finishes to the open-concept living spaces in an area just minutes away from downtown Indy. One unit is the main level

  Jackie Lovell New Quantum Realty Group

  429 E Morris St, Indianapolis, IN 46225
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  /40

  $414,900

  • 3 Beds
  • 2 Baths
  • 1,822 Sq Ft

  1635 N Delaware St, Indianapolis, IN 46202

  Welcome to the heartbeat of historic Herron-Morton Place! Looking for character, you've got it with this incredible Victorian built in 1990 and renovated in 2000! This wonderful home gives a nod to a previous era while providing for modern conveniences. The stained glass front door sets the stage for a grand entry into soaring 12 foot ceilings, gleaming hardwoods, and an abundance of huge windows

  David Johnson F.C. Tucker Company

  1635 N Delaware St, Indianapolis, IN 46202
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  /34

  $420,000

  • 5 Beds
  • 3.5 Baths
  • 3,233 Sq Ft

  7347 Hampstead Ln, Indianapolis, IN 46256

  Excellent opportunity in the sought-after Avalon Hills community offering over 3,200 square feet of flexible living space. The main level includes a formal sitting room with a large front-facing picture window and abundant natural light. The eat-in kitchen opens directly to the family room, creating a functional layout for everyday living and entertaining. The family room features a wood-burning

  Jacob Burris Carpenter, REALTORS®

  7347 Hampstead Ln, Indianapolis, IN 46256
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  /34

  $500,000

  • 6 Beds
  • 6.5 Baths
  • 6,938 Sq Ft

  3712 E Edgewood Ave, Indianapolis, IN 46227

  An extraordinary opportunity to complete a custom contemporary ranch estate offering nearly 12,000 square feet under roof on 3.077 private acres in South Indianapolis. The structural shell is complete, including foundation, framing, roof, and exterior siding-providing a substantial head start on what is designed to be a 6-bedroom, 5 full bath, 1 half bath luxury residence. With 6,938 square feet

  Juan Cassella F.C. Tucker Company

  3712 E Edgewood Ave, Indianapolis, IN 46227
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  /6

  $479,000

  • Land
  • 1.8 Acres
  • $266,111 per Acre

  5740 S Emerson Ave, Indianapolis, IN 46237

  Outstanding Development Opportunity - HIGHLY MOTIVATED SELLER / Moving to Florida. Position your next office project on one of South Indianapolis' most active commercial corridors - One of the few shovel-ready office development sites remaining on South Emerson Avenue. 5740 S Emerson Ave offers 1.80 acres zoned C-1 (Office) with 199 feet of frontage and full curb cut providing full-in/full-out

  Michael Huff Keller Williams Indy Metro S

  5740 S Emerson Ave, Indianapolis, IN 46237
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  /43

  $489,000

  • 3 Beds
  • 3.5 Baths
  • 2,047 Sq Ft

  962 Elm St, Indianapolis, IN 46203

  Prime location in walking distance to Fountain Square amenities. This nicely renovated home offers wainscoting accents and high ceilings. The stunning kitchen features a massive island, SS appliances, a pantry, upgraded soft-close cabinetry with crown molding, granite, and a tile backsplash. Upscale bathrooms with nice tile work & several walk-in showers. Waterproof laminate flooring on both

  Jeremy Sandlin F.C. Tucker Company

  962 Elm St, Indianapolis, IN 46203
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  /42

  $405,000

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

  2122 Woodlawn Ave, Indianapolis, IN 46203

  FOUNTAIN SQUARE:: Modern living in the heart of Fountain Square! This newer 3 bed, 3 full bath home offers soaring ceilings, great natural light, and an open-concept layout perfect for everyday living and entertaining. Enjoy the rare bonus of a main-level bedroom and full bath, plus an upstairs primary suite with double vanities and a spacious closet. Upstairs laundry adds even more convenience.

  Kristin Glassburn @properties

  2122 Woodlawn Ave, Indianapolis, IN 46203

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