Indianapolis, IN Homes for Sale under $500,000

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  $422,500

  $3K PRICE DROP

  • 3 Beds
  • 2.5 Baths
  • 1,846 Sq Ft

  331 W Hampton Dr, Indianapolis, IN 46208

  Located in the Butler-Tarkington area, 331 W Hampton Dr in Indianapolis offers convenient access to Butler University (less than a 10-minute walk) and is just minutes from downtown Indianapolis. This 3 bedrooms, 2.5 bath home features 1,846 sq ft featuring a finished, waterproofed basement that adds flexible living or recreation space. Inside, hardwood flooring runs throughout key areas,

  Bryce Decaudin Berkshire Hathaway Home

  331 W Hampton Dr, Indianapolis, IN 46208
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  $449,900

  • 3 Beds
  • 2.5 Baths
  • 2,829 Sq Ft

  8046 N Halyard Way, Indianapolis, IN 46236

  Opportunity in Feather Cove! Buyers financing changed, creating a rare second opportunity on this highly sought after home. Exceptional opportunity to own one of the neighborhood's most compelling values! Located on a large, mature lot near the water, this home offers space, flexibility, and incredible potential in one of Geist's most established neighborhoods. One of the standout features of the

  Elizabeth McClure RE/MAX Complete

  8046 N Halyard Way, Indianapolis, IN 46236
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  $410,000

  $15K PRICE DROP

  • 3 Beds
  • 3.5 Baths
  • 2,016 Sq Ft

  1236 English Ave, Indianapolis, IN 46203

  Step into your ultimate downtown Indy lifestyle townhome that features an updated 3 bed, 3.5 bath modern townhome sitting just half a mile from your favorite Fountain Square hotspots, 1 mile from Gainbridge for Pacers, Fever, and concerts, and just over a mile from Lucas Oil for Colts games. If you want downtown as your backyard, this is the spot. Inside, you'll love the open-concept main level

  Rob Mager @properties

  1236 English Ave, Indianapolis, IN 46203
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  $419,000

  Open Sun 2PM - 4PM

  • 5 Beds
  • 3 Baths
  • 2,815 Sq Ft

  6043 Cedar Shade Way, Indianapolis, IN 46259

  Welcome to 6043 Cedar Shade Way, a stunning 2024-built residence in the highly desirable Hickory Run community. This thoughtfully designed 5-bedroom, 3-bathroom home delivers 2,815 sq ft of modern living space. This is a nearly brand-new build with one massive advantage: all the expensive, time-consuming finishing touches are already completed for you! The first floor offers a bright, wide-open

  Jeff Pollert United Real Estate Indpls

  6043 Cedar Shade Way, Indianapolis, IN 46259
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  $435,000

  Open Sat 12PM - 2PM

  • 3 Beds
  • 2 Baths
  • 2,058 Sq Ft

  5016 Carvel Ave, Indianapolis, IN 46205

  On the Monon Trail with direct access to Broad Ripple, Carmel, and Downtown Indy. Tandem garage with a huge workshop and high ceilings in the back, previously used as an artist studio. Deep fenced backyard, attached carport, and a freshly seal coated driveway. New roof on house and garage. New furnace, AC, and PEX plumbing. New kitchen offering soft-close cabinetry with crown molding, granite

  Jeremy Sandlin F.C. Tucker Company

  5016 Carvel Ave, Indianapolis, IN 46205
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  $427,990

  New Construction $3K PRICE DROP

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

  6131 Paperbark Way, Indianapolis, IN 46259

  Discover this stunning new construction home at 6131 Paperbark Way in Indianapolis, built by M/I Homes. This impressive 2,719 square foot home offers exceptional space and thoughtful design throughout. Home Features: 5 bedrooms, 3 full bathrooms First floor guest suite Electric fireplace in the gathering room Loft Walk-in closets in each upstairs bedroom This well-designed home showcases the

  M/I Homes Builder

  6131 Paperbark Way, Indianapolis, IN 46259
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  $429,900

  • 3 Beds
  • 2 Baths
  • 1,974 Sq Ft

  6027 Rosslyn Ave, Indianapolis, IN 46220

  PRIME BROAD RIPPLE LOCATION AND BRAND NEW ROOF!!! Just steps away from Broad Ripple Avenue, this beautifully maintained home is ready for its new owner! Large, fully fenced backyard with fire pit and mature trees is perfect for entertaining. Flex sunroom would be a fabulous home office. Hardwoods throughout make this home warm and cozy. Plenty of large windows bring in beautiful natural light.

  Karissa Sterling Berkshire Hathaway Home

  6027 Rosslyn Ave, Indianapolis, IN 46220
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  $479,900

  New Construction

  2915 Winthrop Ave, Indianapolis, IN 46205

  Investors!! Welcome to 2915 Winthrop Ave.! A newly constructed Duplex minutes from downtown and a simple 3 minute walk to the Monon trail. This property is ideal for investors or savvy buyers looking for a value-add opportunity! Whether you're looking to expand your portfolio or live in one unit while renting out the other, this versatile property offers excellent income potential and a

  Scott Schrader United Real Estate Indpls

  2915 Winthrop Ave, Indianapolis, IN 46205
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  $425,000

  New Construction

  • 3 Beds
  • 3 Baths
  • 2,810 Sq Ft

  4349 Baker Dr, Indianapolis, IN 46235

  Stunning brand-new construction built in 2026! This beautiful corner-lot home offers 3 bedrooms, 3 full bathrooms, and a spacious loft/office on the second floor. The open-concept design features granite countertops, a large kitchen island, modern lighting, decorative ceiling moldings, and an elegant electric fireplace insert. The modern kitchen comes fully equipped with all-new appliances,

  Luis Coronel Realty of America LLC

  4349 Baker Dr, Indianapolis, IN 46235
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  $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
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  $429,000

  $11K PRICE DROP

  • 4 Beds
  • 2.5 Baths
  • 2,584 Sq Ft

  10538 Lighthouse Way, Indianapolis, IN 46256

  Lighthouse Cove Charmer-Imagine sipping your morning coffee on the covered front porch or taking in breathtaking sunrise views over the water from the expansive back deck. Nestled on a scenic neighborhood pond in the highly desirable Lighthouse Cove community near Geist Reservoir, this beautifully updated 4-bedroom, 2.5-bath home offers the perfect blend of comfort, style, and everyday

  Josh McNair Geist Realty, LLC

  10538 Lighthouse Way, Indianapolis, IN 46256
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  $499,999

  • Land
  • 7.69 Acres
  • $65,019 per Acre

  10605 Indian Creek Rd S, Indianapolis, IN 46259

  Discover nearly 7.7 acres of opportunity in the heart of Franklin Township, just steps from Franklin Township Middle School and minutes from new and established neighborhoods alike in a booming growth corridor. This rectangular parcel offers the perfect blend of open frontage and natural beauty: - Prime northern section with road access, level ground, and utilities nearby; ideal for your

  Jhirmal Singh Midland Realty Group, Inc.

  10605 Indian Creek Rd S, Indianapolis, IN 46259
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  $480,000

  • 8 Beds
  • 4 Baths

  3739 E Market St, Indianapolis, IN 46201

  Turnkey four-unit property offering strong fundamentals and long-term upside in a rapidly evolving area just minutes from downtown. This fully renovated fourplex has undergone extensive updates, including major system improvements throughout, providing peace of mind for the next owner. Each unit features modern kitchens with full appliance packages, updated bathrooms, refreshed finishes, and

  Chloe Paige BLK Key Realty

  3739 E Market St, Indianapolis, IN 46201
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  $474,900

  $25K PRICE DROP

  • 3 Beds
  • 2 Baths
  • 2,026 Sq Ft

  3715 Governors Rd, Indianapolis, IN 46208

  This 1925 ranch-style residence is located within the prestigious Golden Hill Historic District in Indianapolis, and includes a 2nd attached side lot overlooking popular Berth Ross Park . Wonderfully updated with many features and even more updates during the past five years. This one-level, 3 bedroom, 2 full baths, has original architectural features and tasteful new ones. It has parquet

  Susan Crawford F.C. Tucker Company

  3715 Governors Rd, Indianapolis, IN 46208
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  $450,000

  • 2 Beds
  • 2 Baths

  418 Harlan St, Indianapolis, IN 46201

  Incredible Investment Opportunity Near Downtown! This fully renovated townhome-style duplex with modern living just minutes from downtown, Each unit/wing (418 & 420 Harlan St) features a 1260 sq. ft living floor space, 2 bedrooms, 2 full baths each. Fountain Square, and Mass Ave. Both units have been taken down to the studs and thoughtfully rebuilt/remodelled with high-end finishes. Enjoy

  Alex Akinyosoye Zion Group REALTORS, LLC

  418 Harlan St, Indianapolis, IN 46201
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  $454,900

  New Construction

  • 5 Beds
  • 3.5 Baths
  • 3,388 Sq Ft

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

  D.R. Horton, proudly known as America’s Builder, introduces the Dayton at Fields at Sugar Creek—a masterpiece of size and style. Spanning an impressive 3,388 square feet, this 5-bedroom home offers open-concept living with an expansive great room, casual dining space, and a well-appointed kitchen. The kitchen boasts a spacious center island, ample countertops, and cabinets, plus a generous

  D.R. Horton Builder

  7961 Magnolia St Unit 37029038, New Palestine, IN 46163
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  $425,500

  • 3 Beds
  • 2 Baths
  • 2,313 Sq Ft

  1266 N Morgantown Rd, Greenwood, IN 46142

  You will love living in this charming ranch-style home with a partially finished basement on just under 1/2 acre. This home has 3 bedrooms on the main and a rec room in the basement with a bonus room that could be used as storage or an office. The bonus room could be a game room as well as an exercise room. The kitchen was remolded recently with 42" soft close cabinets, soft close drawers and an

  Karen Hogan Carpenter, REALTORS®

  1266 N Morgantown Rd, Greenwood, IN 46142
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  $405,900

  New Construction

  • 4 Beds
  • 3 Baths
  • 2,278 Sq Ft

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

  D.R. Horton, America’s Builder, presents the Cortland: a 2,278 square foot, single-story home featuring a desirable, sought-after open layout, 4 bedrooms, 3 baths and oversized side load garage. The spacious great room is open to the kitchen, which is the literal heart of this home. The Cortland’s kitchen features plenty of cabinets for storage, spacious countertops, a large center island and

  D.R. Horton Builder

  7961 Magnolia St Unit 36206463, New Palestine, IN 46163
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  $419,900

  New Construction

  • 5 Beds
  • 3.5 Baths
  • 2,569 Sq Ft

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

  The Irvington is a beautifully crafted two-story home offering 2,569 square feet of well-planned living space with 5 bedrooms, 3.5 baths, and a spacious 3-car garage. Designed for both everyday comfort and effortless entertaining, this versatile floor plan blends open-concept living with thoughtfully placed private spaces to meet the needs of today’s busy households. The first floor welcomes you

  D.R. Horton Builder

  7961 Magnolia St Unit 39602565, New Palestine, IN 46163
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  $429,900

  New Construction

  • 4 Beds
  • 2.5 Baths
  • 2,851 Sq Ft

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

  The Branson by D.R. Horton Indianapolis is an expansive two-story floorplan that offers approximately 2,702 square feet of living space, expertly designed to accommodate the needs of a growing family. This home features 4 spacious bedrooms and 2.5 well-appointed bathrooms, beginning with a grand main level that emphasizes open-concept living. The heart of the home is a chef-inspired kitchen

  D.R. Horton Builder

  7961 Magnolia St Unit 39930389, New Palestine, IN 46163

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