Indianapolis, IN Homes for Sale under $500,000

• 

  $464,990

  New Construction

  • 2 - 3 Beds
  • 2 - 3 Baths
  • 1,776+ Sq Ft

  Portico Plan at Centennial at Brownsburg, Indianapolis, IN 46234

  Davis Homes Builder

  2811 N County Road 900 St E Unit 40615179, Indianapolis, IN 46234
• 

  

  

  /42

  $440,000

  • 6 Beds
  • 4 Baths

  933 E Raymond St, Indianapolis, IN 46203

  Updated and income-producing duplex opportunity near Garfield Park! Each side offers 3 bedrooms and 2 full bathrooms with modern updates throughout, making this a rare and versatile investment. Perfect for an owner-occupant looking to house hack-live in one side while generating rental income from the other-or add a strong cash-flowing property to your investment portfolio. Both units are tenant

  Sarah Fishburn F.C. Tucker Company

  933 E Raymond St, Indianapolis, IN 46203
• 

  

  

  /47

  $464,900

  $30K PRICE DROP

  • 4 Beds
  • 3.5 Baths
  • 3,010 Sq Ft

  1422 English Ave, Indianapolis, IN 46201

  Welcome to 1422 English Ave! This home sits among MANY new builds from single family homes to condos and apartments. Step inside this open and airy floor plan that seamlessly connects the living room with cozy electric fireplace, dining room, and kitchen area with walk-in pantry. The kitchen boasts sleek quartz countertops along with a 2 tone look from Black cabinets and Maple center island that

  Deanna Bauer Libertad Real Estate Co., LLC

  1422 English Ave, Indianapolis, IN 46201
• 

  

  

  /48

  $425,000

  $15K PRICE DROP

  • 4 Beds
  • 2.5 Baths
  • 3,560 Sq Ft

  8005 Stoney Bend Ct, Indianapolis, IN 46259

  This is the kind of home that just works for a family. With over 3,500 square feet, 4 bedrooms, and 2.5 baths, there's room for everyone to spread out, gather together, and make it your own. Set on a quiet cul-de-sac in one of Franklin Township's most popular neighborhoods-and right across from the park-it's a setting that's hard to beat. The main level offers a comfortable, easy flow with a home

  Jim Talhelm Hoosier, REALTORS®

  8005 Stoney Bend Ct, Indianapolis, IN 46259
• 

  

  

  /27

  $425,000

  • 4 Beds
  • 1 Bath

  919 Prospect St, Indianapolis, IN 46203

  Looking for an income producing property where you can see Maialina from your front porch? Look no further!!! This beautifully updated duplex in the absolute heart of Fountain Square is ready for its next owner! The 917 side is a 2 bedroom, 1 bathroom updated home with a spacious, open concept first floor layout. The 919 side is a 2 bedroom, 1.5 bathroom home with the same spacious, open concept,

  Rachel Patterson CENTURY 21 Scheetz

  919 Prospect St, Indianapolis, IN 46203
• 

  

  /29

  $409,693

  New Construction $19K PRICE DROP

  • 5 Beds
  • 3 Baths
  • 2,856 Sq Ft

  4208 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

  4208 Bumps End Dr, Indianapolis, IN 46239
• 

  

  /48

  $419,900

  • 4 Beds
  • 4 Baths

  1414 E New York St, Indianapolis, IN 46201

  Great income producing opportunity with this Holy Cross Duplex! Each side is a 2 bed 1.5 bath with completely fenced backyard, charming front porch and one car garage for each unit. This home is well cared for as the current owner has recently replaced the roof within the past two years, both furnaces, and a water heater! Just steps from King Dough Pizzeria, LaParada, and Highland Park. Just 5

  Terry Brown CENTURY 21 Scheetz

  1414 E New York St, Indianapolis, IN 46201
• 

  

  /21

  $499,000

  New Construction

  • 2 Beds
  • 2 Baths

  227 N Hamilton Ave, Indianapolis, IN 46201

  Exceptional investment opportunity in Downtown Indianapolis! This brand-new, all-brick duplex is professionally built with high-quality materials and modern finishes throughout, featuring two spacious 2-bed, 2-bath units each with its own dedicated garage bay. Tenant-ready interiors include open-concept living, durable LVP flooring, stainless steel appliances, granite countertops, and in-unit

  Nicole Crouch Crossroads Realty, LLC

  227 N Hamilton Ave, Indianapolis, IN 46201
• 

  

  /23

  $400,000

  • Land
  • 17,859 Sq Ft
  • $975,610 per Acre

  3500 Watson Rd, Indianapolis, IN 46205

  This incredible .41 of an acre lot has a beautiful park-like setting and features a rare opportunity to design a two-level walk-out home. The wonderful slope of the lot would allow the walkout to be on the front of the house (facing Watson Road) giving it a 2-story front. There could also be a nice enclosed courtyard on the upper level with the garage on the north side, house on the east side,

  James Anthony F.C. Tucker Company

  3500 Watson Rd, Indianapolis, IN 46205
• 

  $411,990

  New Construction

  • 3 - 4 Beds
  • 2.5 Baths
  • 2,218 Sq Ft

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

  Davis Homes Builder

  0 the Towns at Fort Harrison St Unit 36457674, Indianapolis, IN
• 

  

  /51

  $400,000

  • 2 Beds
  • 2.5 Baths
  • 1,510 Sq Ft

  319 E 16th St Unit 206, Indianapolis, IN 46202

  SELECT YOUR FINISHES AT THIS LUXURY CONDO/TOWNHOME IN THE OLD NORTHSIDE | Welcome to Three19 and its AMENITIES: oversized rooftop terrace and lounge w/ skyline views, secure and deeded underground parking, an expansive gym w/ tree canopy sights, elevator & bike storage. As for UNIT 206, enjoy this townhome-style condo, including a private entrance facing scenic New Jersey St (and an entrance from

  Chanda Johnson Maywright Property Co.

  319 E 16th St Unit 206, Indianapolis, IN 46202
• 

  

  /19

  $408,990

  New Construction $33K PRICE DROP

  • 2 - 5 Beds
  • 2 - 4 Baths
  • 2,212 Sq Ft

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

  Discover our first ranch plan with an integrated 3-car garage, offering 9' ceilings and a spacious open layout with bedrooms thoughtfully placed on opposite sides of the home for privacy. The central Kitchen and Family Room showcase rear-facing views with an included window wall and patio door, with the option to upgrade to a large sliding glass door. Customize the layout with an optional Study

  Fischer Homes Builder

  5250 Hickory Rd Unit 39100026, Indianapolis, IN 46239
• 

  

  /51

  $433,372

  New Construction $24K PRICE DROP

  • 5 Beds
  • 3.5 Baths
  • 3,174 Sq Ft

  4143 Bumps End Dr, Indianapolis, IN 46239

  Montgomery Woods is a community bringing new single-family homes for sale, coming soon to Indianapolis, IN. The community is located near ample opportunities for outdoor recreation, including Southeastway Park and Dakota Landing Golf Course, perfect for nature lovers and golf enthusiasts. The largest floorplan in the collection, the Valencia home offers convenience and comfort. A separate bedroom

  Erin Hundley Compass Indiana, LLC

  4143 Bumps End Dr, Indianapolis, IN 46239
• 

  

  /60

  $484,999

  $10K PRICE DROP

  • 4 Beds
  • 3.5 Baths
  • 2,928 Sq Ft

  2022 Carrollton Ave, Indianapolis, IN 46202

  Discover the charm of 2022 Carrollton Ave, a stunning fully renovated home nestled in Near Northside neighborhood. Imagine preparing meals in your kitchen designed for both culinary exploration and social engagement, featuring a large kitchen island providing ample space for preparation or casual dining, stone countertops offering a touch of elegance, shaker cabinets adding a classic feel, a

  Christina Eslinger F.C. Tucker Company

  2022 Carrollton Ave, Indianapolis, IN 46202
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  /89

  $415,000

  Open Sun 1PM - 3PM

  • 3 Beds
  • 2 Baths
  • 1,714 Sq Ft

  5514 E Michigan St, Indianapolis, IN 46219

  Built in 1901, this iconic Irvington home stands out with its old-world architecture, wrought-iron gate, charming brick path, street lamp, and stately front door hinting at the history awaiting behind. Inside, hardwood floors, custom shutters, stunning vintage lighting, and richly layered spaces create a home that feels both grand and inviting. The formal front sitting room showcases an ornate

  Lesli Gibson Maywright Property Co.

  5514 E Michigan St, Indianapolis, IN 46219
• 

  

  /36

  $450,000

  • 6 Beds
  • 4 Baths

  4248 Graceland Ave, Indianapolis, IN 46208

  Attention investors & house hackers! Check out 4248-4250 Graceland Ave in Butler Tarkington. Both sides feature 3-bedroom, 2-bath units with updated kitchens boasting granite countertops, white shaker cabinets, stainless steel appliances, and tile backsplashes. Both units have eat-in dining nooks and mud rooms off the back door. Hardwood floors throughout, fenced in yards, and off-street parking

  Zac Canull Canull Group LLC

  4248 Graceland Ave, Indianapolis, IN 46208
• 

  

  /41

  $500,000

  • 3 Beds
  • 2.5 Baths
  • 2,188 Sq Ft

  131 Herman St, Indianapolis, IN 46202

  Situated in the desirable Holy Cross neighborhood, this distinguished single family residence presents an attractive property in great condition. The living room offers an atmosphere of grandeur and comfort, featuring both a high ceiling and a vaulted ceiling that elevate the sense of spaciousness. A welcoming fireplace provides a central point of relaxation, complemented by the distinctive

  Mark Sprout Spruckett Realty, LLC

  131 Herman St, Indianapolis, IN 46202
• 

  

  /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
• 

  

  /40

  $409,900

  $10K PRICE DROP

  • 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
• 

  

  /5

  $434,990

  New Construction

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

  9541 Jadestone Way, Indianapolis, IN 46239

  New construction by Fischer Homes in the beautiful Emerald Preserve community, This thoughtfully designed layout is perfect for style and practicality with, 4 bedrooms 2 full baths, and 1 half baths. The inviting family room is the heart of this plan, making it the perfect gathering space. The open kitchen with a large island and walk-in pantry connects to the morning room. The owner's suite

  Fischer Homes Builder

  9541 Jadestone Way, Indianapolis, IN 46239
• 

  

  /63

  $470,000

  $15K PRICE DROP

  • 5 Beds
  • 3 Baths
  • 2,672 Sq Ft

  2605 Beach Ave, Indianapolis, IN 46240

  **Offering interest rate buy-down** Nestled among the trees on an expansive lot in the desirable Clearwater, this beautifully updated 5-bedroom, 3-bath home offers elevated ceilings, abundant natural light, and an open-concept layout! The kitchen is a true standout with an oversized quartz island, extensive counter space, and abundant cabinetry, open to the second story. The main level features

  Kristin Glassburn @properties

  2605 Beach Ave, Indianapolis, IN 46240
• 

  

  /30

  $475,000

  New Construction $25K PRICE DROP

  • 3 Beds
  • 2 Baths

  1611 N Arsenal Ave, Indianapolis, IN 46218

  This home offers a brand-new construction and a wonderful living space in a vibrant city setting. Luxury high end finishes, including granite countertops and stainless steel appliances. Luxury bathrooms with Tiled surrounds and granite vanity tops. This property provides an opportunity to experience modern living. With 972 square feet of living area, the layout offers a comfortable, modern, homey

  Alec Neu Neu Real Estate Group

  1611 N Arsenal Ave, Indianapolis, IN 46218
• 

  

  /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
• 

  

  /40

  $474,000

  • 2 Beds
  • 2 Baths
  • 1,682 Sq Ft

  319 E 16th St Unit 202, Indianapolis, IN 46202

  LUXURY CONDO IN OLD NORTHSIDE | Welcome to UNIT 202, a stunning condo featuring a private outdoor balcony, tons of natural light with oversized windows, and well-appointed finishes including custom, white oak cabinetry and quartz countertops. All appliances are in place, including a Thermador kitchen and washer/dryer. You'll love the flexible layout including an oversized primary bedroom with a

  Natalie Clayton Maywright Property Co.

  319 E 16th St Unit 202, Indianapolis, IN 46202
• 

  

  /8

  $500,000

  • Land
  • 33,541 Sq Ft
  • $649,351 per Acre

  2965 N Sherman Dr, Indianapolis, IN 46218

  30th and Sherman .77 +/- Acres Available Now! Paved Hard Corner, Excellent Exposure, Zoned C-3, Perfect for Many Businesses including Retail and Restaurant. Could be rezoned for gas station. Located just across from fire station.

  Kamaljeet Kaur TJ Realty Inc.

  2965 N Sherman Dr, Indianapolis, IN 46218
• 

  

  /34

  $475,000

  • 3 Beds
  • 2.5 Baths
  • 2,385 Sq Ft

  465 E 19th St, Indianapolis, IN 46202

  Experience the energy of downtown living while still enjoying the comfort and space of home. This beautifully maintained 3-bedroom, 2.5 bath property places you just minutes from the very best of Indy- including Mass ave, Fountain square, Bottleworks district, and Lucas Oil. Step inside to an open, light filled layout designed for both relaxing and entertaining, featuring spacious bedrooms,

  Sarah Skidmore @properties

  465 E 19th St, Indianapolis, IN 46202
• 

  

  /24

  $429,900

  New Construction

  • 5 Beds
  • 3 Baths
  • 2,787 Sq Ft

  4242 Indigo Walk Ln, Indianapolis, IN 46239

  Discover the pinnacle of contemporary living at 4242 Indigo Walk LN, Indianapolis. Constructed in 2022, this single-family residence, spanning 2787 square feet, offers a fresh perspective on sophisticated design and spacious comfort. This expansive home features five well-proportioned bedrooms, providing ample private retreats for every resident. Complementing these are three full bathrooms,

  Beenu Sikand Legacy Homes International

  4242 Indigo Walk Ln, Indianapolis, IN 46239
• 

  

  /50

  $449,900

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

  977 W 26th St, Indianapolis, IN 46208

  Don't miss this exceptional investment opportunity to own two fully remodeled homes for the price of one. Whether you are looking to expand your real estate portfolio, generate rental income, or accommodate multi-generational living, this unique property offers incredible flexibility and value. Each residence has been thoughtfully updated with modern finishes and features brand-new appliances,

  Henry Sarmiento Interiano F.C. Tucker Company

  977 W 26th St, Indianapolis, IN 46208
• 

  

  /28

  $485,007

  • 3 Beds
  • 3 Baths
  • 2,932 Sq Ft

  1601 E 77th St, Indianapolis, IN 46240

  This traditional brick/tile iconic home is a beauty. The beautiful screened in porch, looking out at the back yard and over the river, runs the full length of the house. .The multiple, large arched windows offer a stunning view of river life. Living on the river is peaceful and full of charm, filled with wildlife, boating, fishing and fun. Property has a new dock. This home has 2 bedrooms and a

  Kathryn MacDonald

  1601 E 77th St, Indianapolis, IN 46240
• 

  

  /30

  $499,900

  • 3 Beds
  • 3 Baths
  • 3,070 Sq Ft

  6618 Colville Place, Indianapolis, IN 46236

  Welcome to your new home in paradise as the view from your front porch may lead you to think! Watch the sunrise in your comfy chair with a cup of steaming coffee as you enjoy your front porch, deck or spacious patio with view of the woods! This house has the best outdoor space and fabulous interior floor plan! It lives like a ranch with everything you need on one level, but upstairs suite for

  Alice Steppe Real Broker, LLC

  6618 Colville Place, Indianapolis, IN 46236
• 

  

  /51

  $499,900

  • 3 Beds
  • 4 Baths
  • 3,159 Sq Ft

  4825 Hittle Dr, Indianapolis, IN 46239

  Welcome Home! Brick Ranch with Full Basement on 2.9 Acre lot! Open Floor plan on Main Level, Large Living Room with Vaulted Ceilings and Wood Burning Fireplace, Kitchen Dining Combo, and Formal Living Room; Nice Sized Bedrooms and Laundry Room; Full Basement with Half Bathroom and Fireplace; Large 2.9 Acre lot with 2 Outbuilding and shed; No Hoa! Great Location - Don't Let this Opportunity Pass

  Carlos Higareda eXp Realty LLC

  4825 Hittle Dr, Indianapolis, IN 46239
• 

  

  /28

  $475,000

  New Construction

  • 3 Beds
  • 2 Baths

  1406 Marlowe Ave, Indianapolis, IN 46201

  This home offers a brand-new construction and a wonderful living space in a vibrant city setting. Luxury high end finishes, including granite countertops and stainless steel appliances. Luxury bathrooms with Tiled surrounds and granite vanity tops. This property provides an opportunity to experience modern living. With 1292 square feet of living area, the layout offers a comfortable, modern,

  Alec Neu Neu Real Estate Group

  1406 Marlowe Ave, Indianapolis, IN 46201
• 

  

  /59

  $434,000

  Open Sun 12PM - 2PM $15K PRICE DROP

  • 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
• 

  

  /46

  $475,000

  • 3 Beds
  • 2.5 Baths
  • 2,250 Sq Ft

  411 E 19th St, Indianapolis, IN 46202

  Experience maintenance-free living at its finest in this beautifully designed, like-new end unit townhome located in the desirable Herron-Morton neighborhood. A charming fenced in courtyard and open front patio provides a warm welcome. Once inside, the main level features a versatile den that offers endless possibilities-currently used as a home gym. The heart of the home is located on the second

  Lori Wilson F.C. Tucker Company

  411 E 19th St, Indianapolis, IN 46202
• 

  

  /57

  $450,000

  $25K PRICE DROP

  • 1 Bed
  • 2 Baths
  • 1,510 Sq Ft

  350 N Meridian St Unit 403, Indianapolis, IN 46204

  Step into a piece of Indianapolis history with this rare opportunity in the iconic Athletic Club building at 350 N Meridian #403. As you enter the 4th floor, you'll immediately notice what sets it apart-one of the only levels in the building featuring stunning arched architecture and elegant marble-tiled hallways that reflect the building's timeless character. Inside the unit, the uniqueness

  Daniel Hubbard eXp Realty LLC

  350 N Meridian St Unit 403, Indianapolis, IN 46204
• 

  

  /55

  $429,900

  • 4 Beds
  • 2.5 Baths
  • 2,658 Sq Ft

  6146 Linton Ln, Indianapolis, IN 46220

  Discover the highly sought-after community of Devonshire and this mid-century modern tri-level home ready for your personal cosmetic touches. New windows WHOLE HOUSE (2023), new water heater (2026), new water softener system (2026), newer kitchen appliances (2022), new sump pump (2024), new garage door opener (2026), newer roof (2022)....more updates in supplements! As you step through the French

  Jayson Angst Trueblood Real Estate

  6146 Linton Ln, Indianapolis, IN 46220
• 

  

  /52

  $400,000

  $25K PRICE DROP

  • 4 Beds
  • 4 Baths
  • 2,850 Sq Ft

  7158 Lakeland Trails Blvd, Indianapolis, IN 46259

  Welcome home to this spacious and well-maintained 2.5-level property in desirable Franklin Township, located within Franklin Township Schools. Offering 4 bedrooms, 2 full baths, and 2 half baths, this home provides flexible living space for today's lifestyle. The main level includes a dedicated office, while the upper levels feature a loft and an impressive third-floor bonus room-perfect for a

  Denver Gray Berkshire Hathaway Home

  7158 Lakeland Trails Blvd, Indianapolis, IN 46259
• 

  

  /88

  $435,000

  • 4 Beds
  • 3.5 Baths
  • 4,020 Sq Ft

  3033 Tuscarora Ln, Indianapolis, IN 46217

  Welcome home to this spacious and beautifully designed 4-bedroom residence in the desirable Arapaho Ridge community! From the moment you arrive, you'll be charmed by the inviting covered front porch-perfect for relaxing mornings or evening unwinding. Inside, the main level offers a thoughtful layout featuring a dedicated office, a formal dining room for hosting, and a cozy breakfast nook for

  Renae Warren New Quantum Realty Group

  3033 Tuscarora Ln, Indianapolis, IN 46217
• 

  

  /6

  $425,000

  $46K PRICE INCREASE

  • Land
  • 4,791 Sq Ft
  • $3,863,636 per Acre

  525 S East St, Indianapolis, IN 46225

  vacant residential lot. 37 x 80. raised lot with retaining walls. In an area with expensive homes. near Fountain Square, downtown Indy, Bates Hendricks. great views of downtown Indy, near Colt's Stadium and Pacer's arena. walking distance from nightlife, restaurants, bike and cultural trails.

  Joe Sullivan Sullivan Realty Group, LLC

  525 S East St, Indianapolis, IN 46225
• 

  

  /73

  $425,000

  • 2 Beds
  • 1 Bath
  • 1,148 Sq Ft

  839 S Lynhurst Dr, Indianapolis, IN 46241

  RARE OPPORTUNITY! This two bedroom, one level home sits on a huge lot and is currently zoned C5, offering a wide spectrum of potential uses. Own and occupy the home, own & occupy the home and run a business onsite, or utilize the property for business only. The current owners occupy the home and operate a daycare out of the second structure on the property which is over 1,000 square feet. A third

  Scott Armstrong Armstrong Real Estate Brokerag

  839 S Lynhurst Dr, Indianapolis, IN 46241

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