Indianapolis, IN Homes for Sale under $500,000

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  /30

  $500,000 New Construction

  • 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

  Ed Neu Neu Real Estate Group

  1611 N Arsenal Ave, Indianapolis, IN 46218
• 

  

  

  /5

  $479,490 New Construction

  • 4 - 6 Beds
  • 2.5 - 4.5 Baths
  • 2,878+ Sq Ft

  Columbia Basement Plan at Hickory Run - Prestige Series, 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 Builder

  10103 Bitternut Run Unit 39413579, Indianapolis, IN 46239
• 

  

  

  /6

  $439,990 New Construction

  • 4 - 6 Beds
  • 2.5 - 5.5 Baths
  • 3,141+ Sq Ft

  Ainsley II Plan at Hickory Run - Prestige Series, 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 Builder

  10103 Bitternut Run Unit 39413574, Indianapolis, IN 46239
• 

  

  

  /7

  $432,990 New Construction

  • 4 - 5 Beds
  • 2.5 Baths
  • 3,382+ Sq Ft

  Kensington Plan at Hickory Run - Prestige Series, 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 Builder

  10103 Bitternut Run Unit 39413584, Indianapolis, IN 46239
• 

  

  

  /5

  $492,490 New Construction

  • 4 - 6 Beds
  • 2.5 - 5.5 Baths
  • 3,152+ Sq Ft

  Glendale Basement Plan at Hickory Run - Prestige Series, 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 Builder

  10103 Bitternut Run Unit 39413588, Indianapolis, IN 46239
• 

  

  /6

  $419,990 New Construction

  • 4 - 6 Beds
  • 2.5 - 5.5 Baths
  • 3,152+ Sq Ft

  Glendale Plan at Hickory Run - Prestige Series, 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 Builder

  10103 Bitternut Run Unit 39413581, Indianapolis, IN 46239
• 

  

  /6

  $432,490 New Construction

  • 3 - 4 Beds
  • 2 - 3 Baths
  • 2,191+ Sq Ft

  Cheswicke II Basement Plan at Hickory Run - Prestige Series, 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 Builder

  10103 Bitternut Run Unit 39413572, Indianapolis, IN 46239
• 

  

  /5

  $409,990 New Construction

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

  Drake Plan at Hickory Run - Prestige Series, 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 Builder

  10103 Bitternut Run Unit 39413585, Indianapolis, IN 46239
• 

  

  /7

  $422,490 New Construction

  • 3 - 4 Beds
  • 2.5 - 3.5 Baths
  • 2,070+ Sq Ft

  Kentmore Basement Plan at Hickory Run - Prestige Series, Indianapolis, IN 46239

  Welcome home to the Kentmore. This updated design is ready to fit your modern style of living, and can be customized to best accommodate your needs, style, and taste. The standard layout of this home includes three bedrooms, two full bathrooms, an open-concept kitchen and gathering room, and a two-car garage.

  M/I Homes Builder

  10103 Bitternut Run Unit 39413583, Indianapolis, IN 46239
• 

  

  /6

  $482,490 New Construction

  • 4 - 6 Beds
  • 2.5 - 4.5 Baths
  • 2,884+ Sq Ft

  Drake Basement Plan at Hickory Run - Prestige Series, 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 Builder

  10103 Bitternut Run Unit 39413586, Indianapolis, IN 46239
• 

  

  /32

  $478,530 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 Layout Step inside to experience a stunning open

  M/I Homes Builder

  1805 Real St, Indianapolis, IN 46240
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  /31

  $439,000 New Construction

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

  1427 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

  1427 Deloss St, Indianapolis, IN 46201
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  /39

  $459,990 New Construction

  • 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
• 

  

  /23

  $447,500 New Construction

  • 4 Beds
  • 2 Baths
  • 2,128 Sq Ft

  9906 Denim Dr, Indianapolis, IN 46239

  Why build when perfection is already waiting for you? Skip the construction delays and step immediately into a home where every luxury upgrade has already been meticulously selected. This 2021 4 bedroom, 2 bathroom ranch home offers the peace of mind of a remaining structural warranty without the stress of building. Inside, the 9-foot ceilings throughout the main level create an immediate sense

  Eric Forney Keller Williams Indy Metro S

  9906 Denim Dr, Indianapolis, IN 46239
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  /19

  $408,990 New Construction

  • 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
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  /18

  $447,990 New Construction

  • 4 - 6 Beds
  • 2.5 - 5.5 Baths
  • 2,826 Sq Ft

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

  The Winston blends our most sought-after design features into one impressive plan. This two-story home offers a first-floor Owners Suite, a dramatic two-story Family Room, and a spacious optional 3-car garage. Inside, enjoy flexible spaces like a Dining Room that can convert to a Study or Guest Suite, plus a central Kitchen with a generously sized Morning Room. The Owners Suite includes a large

  Fischer Homes Builder

  5250 Hickory Rd Unit 39100036, Indianapolis, IN 46239
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  /20

  $457,990 New Construction

  • 4 Beds
  • 2.5 Baths
  • 3,517 Sq Ft

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

  The Carrington offers an integrated 3-car garageand a striking two-story foyer. Designed with flexibility in mind, it features options for a first-floor Study or Guest Suite, and a Rec Room that can convert into a Prep Kitchen, Butlers Pantry, or expanded Family Foyer. The open-concept Kitchen flows into a spacious Family Room and Morning Room, centered around a convenient staircase. Upstairs,

  Fischer Homes Builder

  5250 Hickory Rd Unit 39100035, Indianapolis, IN 46239
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  /42

  $419,000 New Construction

  • 3 Beds
  • 2.5 Baths
  • 2,579 Sq Ft

  711 N Fenton Ave, Indianapolis, IN 46219

  Experience refined living in this contemporary 2025 new build, thoughtfully crafted to deliver elevated style and everyday comfort. This stunning 3-bedroom, 2.5-bath residence is drenched in natural light and showcases an expansive open-concept design anchored by a dramatic open staircase and a show-stopping gourmet kitchen.The kitchen features elegant shaker-style cabinetry, premium stainless

  Harvir Kaur eXp Realty, LLC

  711 N Fenton Ave, Indianapolis, IN 46219
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  /16

  $479,990 New Construction

  • 3 Beds
  • 2.5 Baths
  • 1,756 Sq Ft

  10481 Cornell Ave, Indianapolis, IN 46280

  Modern new construction with open-concept living in the heart of Homeplace- zoned for top-rated Carmel Schools. Flooded with natural light and thoughtfully designed for everyday living, this 3-bedroom home offers the clean lines and low-maintenance lifestyle today's buyers crave. The open-concept main level features wide-plank flooring, a spacious living area, and an upgraded kitchen with center

  David Klain DB Realty Group, LLC

  10481 Cornell Ave, Indianapolis, IN 46280
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  /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
• 

  

  /4

  $475,000 New Construction

  • 6 Beds

  4235 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

  4235 Evanston Ave, Indianapolis, IN 46205
• 

  

  /4

  $475,000 New Construction

  • 6 Beds

  4233 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

  4233 Evanston Ave, Indianapolis, IN 46205
• 

  

  /19

  $499,000 New Construction

  • 2 Beds
  • 2 Baths

  2143 Columbia Ave, Indianapolis, IN 46202

  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

  2143 Columbia Ave, Indianapolis, IN 46202
• 

  

  /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
• 

  

  /21

  $499,000 New Construction

  • 2 Beds
  • 2 Baths

  226 N Randolph St, 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

  226 N Randolph St, Indianapolis, IN 46201
• 

  

  /60

  $420,000 New Construction

  • 3 Beds
  • 2.5 Baths
  • 1,680 Sq Ft

  1523 Harlan St, Indianapolis, IN 46203

  New Build with no HOA near Fountain Square! Modern 3BR, 2.5BA home with open layout. The main level features a versatile bonus/flex room, ideal for a home office, playroom, gym, or additional lounge space. The kitchen is the centerpiece of the home, boasting a large quartz island, shaker-style cabinets, and all-new stainless steel appliances, including a washer and dryer. Upstairs, the loft and

  Kimberlyn Lopez Ledford Wright Real Estate Group, LLC

  1523 Harlan St, Indianapolis, IN 46203
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  /70

  $400,000 New Construction

  • 5 Beds
  • 4 Baths
  • 3,080 Sq Ft

  58 N Kealing Ave, Indianapolis, IN 46201

  Welcome home to 58 N Kealing Ave, Indianapolis, IN, this single-family residence presents an attractive property in great condition, ready to welcome its new owners. The living room offers a warm and inviting atmosphere, enhanced by the comforting presence of a fireplace. The kitchen stands as a culinary centerpiece, featuring a backsplash, a kitchen bar, a large kitchen island, white cabinets,

  Jamesha Norwood eXp Realty, LLC

  58 N Kealing Ave, Indianapolis, IN 46201
• 

  

  /14

  $499,900 New Construction

  • 3 Beds
  • 2.5 Baths
  • 2,007 Sq Ft

  1334 English Ave, Indianapolis, IN 46203

  Welcome to your new home in the heart of historic Fountain Square! This brand-new build offers over 2,000 sq. ft. of modern living space with an open floor plan designed for both comfort and style. The spacious kitchen is perfect for cooking and entertaining, while the dedicated home office makes working from home easy and efficient. Enjoy peace of mind with a builder's home warranty and the

  Denise Potter Onyx and East, LLC

  1334 English Ave, Indianapolis, IN 46203
• 

  

  /14

  $499,900 New Construction

  • 2 Beds
  • 2.5 Baths
  • 1,643 Sq Ft

  1234 N Alabama St, Indianapolis, IN 46202

  The English floor plan at 1234 Alabama Street pairs smart design with city convenience in the heart of the Old Northside’s Nouveau community. The entry level features a welcoming mudroom and attached 2-car garage for effortless everyday living. On the main living level, an open-concept layout connects the kitchen, dining, and living areas—highlighted by quartz countertops, an eat-in island, and a

  Onyx+East Builder

  1234 N Alabama St, Indianapolis, IN 46202
• 

  

  /40

  $412,000 New Construction

  • 1 Bed
  • 1 Bath
  • 949 Sq Ft

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

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

  Terry Brown CENTURY 21 Scheetz

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

  

  /15

  $409,900 New Construction

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

  441 Leota St, Indianapolis, IN 46203

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

  Denise Potter Onyx and East, LLC

  441 Leota St, Indianapolis, IN 46203
• 

  

  /32

  $436,000 New Construction

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

  Johnstown Plan at Village at New Bethel, Indianapolis, IN 46239

  D.R. Horton, America's Builder, proudly unveils the Johnstown—a masterpiece of modern living that exudes elegance and functionality. This expansive 3,062 square-foot marvel is designed to exceed expectations, featuring five luxurious bedrooms, 3.5 well-appointed baths, and a spacious three-car garage. Step into a home where the allure begins with a versatile first-floor bedroom, an inviting great

  D.R. Horton Builder

  8502 Hemingway Dr Unit 37048438, Indianapolis, IN 46239
• 

  

  /26

  $439,990 New Construction

  • 4 - 6 Beds
  • 2.5 - 5.5 Baths
  • 3,141+ Sq Ft

  Ainsley II Plan at Sagebrook West - Prestige Series, 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 Builder

  10715 Mangrove Dr Unit 36459989, Indianapolis, IN 46239
• 

  

  /6

  $482,490 New Construction

  • 4 Beds
  • 2.5 - 4.5 Baths
  • 2,884+ Sq Ft

  Drake Basement Plan at Sagebrook West - Prestige Series, 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 Builder

  10715 Mangrove Dr Unit 36473134, Indianapolis, IN 46239
• 

  

  /15

  $409,990 New Construction

  • 4 - 6 Beds
  • 2.5 - 4.5 Baths
  • 2,884+ Sq Ft

  Drake Plan at Sagebrook West - Prestige Series, 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 Builder

  10715 Mangrove Dr Unit 36487842, Indianapolis, IN 46239
• 

  

  /16

  $419,990 New Construction

  • 4 - 6 Beds
  • 2.5 - 7 Baths
  • 3,152+ Sq Ft

  Glendale Plan at Sagebrook West - Prestige Series, 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 Builder

  10715 Mangrove Dr Unit 36461226, Indianapolis, IN 46239
• 

  

  /6

  $432,490 New Construction

  • 3 - 4 Beds
  • 2 - 3 Baths
  • 2,191+ Sq Ft

  Cheswicke II Basement Plan at Sagebrook West - Prestige Series, 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 Builder

  10715 Mangrove Dr Unit 36462275, Indianapolis, IN 46239
• 

  

  /17

  $422,490 New Construction

  • 3 - 4 Beds
  • 2.5 - 3.5 Baths
  • 2,070+ Sq Ft

  Kentmore Basement Plan at Sagebrook West - Prestige Series, Indianapolis, IN 46239

  Welcome home to the Kentmore. This updated design is ready to fit your modern style of living, and can be customized to best accommodate your needs, style, and taste. The standard layout of this home includes three bedrooms, two full bathrooms, an open-concept kitchen and gathering room, and a two-car garage.

  M/I Homes Builder

  10715 Mangrove Dr Unit 36496498, Indianapolis, IN 46239
• 

  

  /5

  $479,490 New Construction

  • 4 - 6 Beds
  • 2.5 - 4.5 Baths
  • 2,878+ Sq Ft

  Columbia Basement Plan at Sagebrook West - Prestige Series, 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 Builder

  10715 Mangrove Dr Unit 36491290, Indianapolis, IN 46239
• 

  

  /17

  $432,990 New Construction

  • 4 - 5 Beds
  • 2.5 Baths
  • 3,382+ Sq Ft

  Kensington Plan at Sagebrook West - Prestige Series, 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 Builder

  10715 Mangrove Dr Unit 36491776, Indianapolis, IN 46239

Showing Results 201 - 240, Page 6 of 7