Madison County IN Homes under $200,000

• 

  

  

  /27

  $154,900

  • 2 Beds
  • 1 Bath
  • 1,092 Sq Ft

  1623 S K St, Elwood, IN 46036

  This 1890 residence offers 1,092 square feet of living area situated on a spacious 7,492 square feet lot. The home is a one-story structure that includes one full bathroom and two bedrooms. The enclosed front porch/sunroom provides an ideal setting for relaxing or enjoying your morning coffee. Additional spaces include a laundry/utility room and a nicely sized mudroom, adding to the home's

  

  Diana Dunham

  Keller Williams Indy Metro NE

  (765) 681-4844

  1623 S K St, Elwood, IN 46036
• 

  

  

  /22

  $149,900

  • 2 Beds
  • 1 Bath
  • 1,259 Sq Ft

  2007 Columbus Ave, Anderson, IN 46016

  Welcome to this beautifully updated 2-bedroom, 1-bath home, fully remodeled from top to bottom! Every detail has been refreshed, including new paint, new flooring, and a brand-new bath. The exterior has new siding and a new roof, giving you peace of mind for years to come. Step into the stunning kitchen featuring all-new cabinets, countertops, backsplash, lighting, and appliances—a perfect blend

  

  Erin Phillips

  RE/MAX Real Estate Groups

  (765) 300-4560

  2007 Columbus Ave, Anderson, IN 46016
• 

  

  

  /24

  $150,000

  • 3 Beds
  • 1 Bath
  • 888 Sq Ft

  2818 Apache Dr, Anderson, IN 46012

  Step into this beautifully updated 3-bedroom home in Anderson! Recently renovated, this property features new luxury vinyl plank flooring and plush carpet throughout, creating a fresh and modern feel in every room. The home has been freshly painted and offers a bright, clean interior that's move-in ready. The updated kitchen comes complete with appliances, shaker cabinets, and a timeless

  

  Lindsay Adams

  Pillario Property Management LLC

  (765) 295-3329

  2818 Apache Dr, Anderson, IN 46012
• 

  

  

  /18

  $154,900

  • 3 Beds
  • 1 Bath
  • 1,132 Sq Ft

  512 N 13th St, Elwood, IN 46036

  Completely remodeled and move-in ready, this stunning 3 BR/1BA home in the heart of Elwood offers the perfect blend of modern updates and small-town charm. Renovated from top to bottom in 2025, nearly every major component is brand new including plumbing, electrical, windows, doors, cabinets, fixtures, paint, flooring, lighting, and roof, giving you peace of mind for years to come. Step inside to

  

  Andy Hardie

  Hardie Group

  (765) 239-5227

  512 N 13th St, Elwood, IN 46036
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  /33

  $135,900

  • 2 Beds
  • 1.5 Baths
  • 1,317 Sq Ft

  1125 Pearl St, Anderson, IN 46016

  It's time to stop renting and start building wealth for you! 1125 Pearl St is the perfect place to do that. This is a 2 Bedroom 1.5 Bath property that is move in ready and will be easy to maintain. There is not a lot of yard, so no spending time mowing grass. The entire home has been renovated. Perfect if you are busy and working long hours, or if you just don't want to work when you get home.

  

  Alison Fernandez

  The Stewart Home Group

  (765) 560-7989

  1125 Pearl St, Anderson, IN 46016
• 

  

  /25

  $199,000

  • Land
  • 24 Acres
  • $8,292 per Acre

  0 E 16th St Unit LotWP001, Anderson, IN 46016

  RIVER FRONT!! This property comprises approximately 24 acres along the White River in Madison County, Indiana, within the city limits of Anderson. It features nearly 2,000 feet of riverfrontage, supporting kayaking, canoeing, and excellent smallmouth bass fishing, with convenient river access points. The river is mostly rock bottom in this area, with depths at the normal level around 2-3 feet, so

  Tyler Fritz Whitetail Properties Real Estate

  0 E 16th St Unit LotWP001, Anderson, IN 46016
• 

  

  /28

  $130,000

  • 2 Beds
  • 1 Bath
  • 825 Sq Ft

  824 W Vinyard St, Anderson, IN 46011

  Welcome to 824 W Vineyard St in Anderson. This charming, move-in-ready home is perfect for first-time buyers or anyone looking to simplify without sacrificing comfort. This 2-bedroom, 1-bath home offers a warm and inviting layout with fresh paint throughout, creating a clean and updated feel from the moment you walk in. You'll love the separate laundry/mudroom for all your cleaning and

  Cameron Mason Keller Williams Indpls Metro N

  824 W Vinyard St, Anderson, IN 46011
• 

  

  /20

  $146,000

  • 3 Beds
  • 1 Bath
  • 1,403 Sq Ft

  1636 S B St, Elwood, IN 46036

  An inviting single family residence built in 1949 awaits at 1636 S B ST in ELWOOD, IN, USA, presenting a home ready for immediate enjoyment. This single-story home encompasses 1403 square feet of comfortable living area, providing three peaceful sleeping quarters and a well-appointed full bathroom, designed for practical comfort and ease. The kitchen, a central space for daily life, features

  Kristopher Elliott Booker Realty

  1636 S B St, Elwood, IN 46036
• 

  

  /18

  $149,900

  • 2 Beds
  • 2 Baths
  • 881 Sq Ft

  734 W 2nd St, Anderson, IN 46016

  Fully updated 2 bedroom, 2 bath home in north Anderson location. This property has a great open floor plan with spacious rooms and all new finishes. Huge eat-in kitchen has all new cabinets, counters and appliances. 2 full bathrooms allow for comfortable living. Fresh paint and all new flooring make this truly move in ready! Come see today

  Barry Hines Realty Wealth Advisors

  734 W 2nd St, Anderson, IN 46016
• 

  

  /19

  $135,000

  • 2 Beds
  • 1 Bath
  • 864 Sq Ft

  1616 Reverend J T Menifee St, Anderson, IN 46016

  A cheerful opportunity awaits at 1616 Reverend J.T. Menifee ST in ANDERSON, IN, USA, where an established single family residence, lovingly built in 1949, presents a canvas for joyful living. Within this charming farmhouse ranch style single family residence, you will discover two inviting bedrooms, each a serene sanctuary promising restful nights and bright mornings. The refreshing full bathroom

  Kelly Huff F.C. Tucker Company

  1616 Reverend J T Menifee St, Anderson, IN 46016
• 

  

  /24

  $189,000

  • 3 Beds
  • 1 Bath
  • 1,572 Sq Ft

  2328 E 9th St, Anderson, IN 46012

  Turnkey and move-in ready, 2328 E 9th St offers a fantastic opportunity for both owner-occupants and investors in a quiet east Anderson neighborhood. This solid limestone ranch features 3 bedrooms, 1 bathroom, and 1,548 square feet, plus a spacious unfinished basement with an open layout-ideal for storage, workshop space, or future finishing. Situated on a .22-acre corner lot, the property offers

  Peter Stewart Keller Williams Indpls Metro N

  2328 E 9th St, Anderson, IN 46012
• 

  

  /39

  $185,000

  • 6 Beds
  • 3 Baths

  807 E 21st St, Anderson, IN 46016

  A charming duplex awaits its new story at 807 E 21st St in Anderson, IN, presenting itself as an inviting home, perfectly ready for delightful new adventures. This unique property offers versatile living with two distinct sides, one featuring 4 bedrooms and 2 bathrooms, and the other offering 2 bedrooms, 1 bathroom, plus a small office or flex room, ideal for working from home or additional

  Gabriela Pitts Highgarden Real Estate

  807 E 21st St, Anderson, IN 46016
• 

  

  /10

  $150,000

  • 2 Beds
  • 2 Baths

  815 E 19th St, Anderson, IN 46016

  Investor special or savvy home-owner! Check it out! This one bed one bath duplex is available to add to your portfolio, or move into one side and generate income and offset living expenses. The 821 side is vacant and the 815 is occupied.

  Kenneth Hall eXp Realty, LLC

  815 E 19th St, Anderson, IN 46016
• 

  

  /16

  $156,000

  • 3 Beds
  • 2 Baths

  1207 E 11th St, Anderson, IN 46012

  Welcome investor or savvy home-owner! With two units, this duplex is ready to add to your portfolio or move into one side and generate income with the other side. The 1207 side is a 1 bed 1 bath unit and the 1209 side is a 2 bed 1 bath side. The 1207 side is currently occupied and 1209 side is ready for move in. With a deep lot and quiet street, this makes for a great home for long term residents

  Kenneth Hall eXp Realty, LLC

  1207 E 11th St, Anderson, IN 46012
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  /14

  $121,000

  • 3 Beds
  • 1 Bath
  • 1,512 Sq Ft

  1405 W 4th St, Anderson, IN 46016

  Investor Special! With a clean slate featuring 3 bedrooms, 1 bathroom, a large kitchen and lots of natural light, this is an opportunity waiting for your TLC. Additional storage in the back with a clean over-sized two car garage. Bring your handyman, or tool belt to make this place your home or addition to your investment portfolio.

  Kenneth Hall eXp Realty, LLC

  1405 W 4th St, Anderson, IN 46016
• 

  

  /19

  $109,900

  • 3 Beds
  • 1 Bath
  • 925 Sq Ft

  1902 Edgemont Way, Anderson, IN 46011

  Ranch style home in sought after neighborhood. Great access to shopping, schools, and amenities. Newly run fiber internet access in neighborhood. Corner lot with mature trees, storage shed, and off-street parking. Tremendous value with plenty of upside. Open layout with spacious rooms. Newer updates include high-efficiency HVAC system, replacement vinyl windows, LVP flooring, shaker cabinets and

  Chris Price Keller Williams Indy Metro S

  1902 Edgemont Way, Anderson, IN 46011
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  /4

  $125,000

  • 3 Beds
  • 1 Bath
  • 1,089 Sq Ft

  108 Makepeace Dr, Anderson, IN 46017

  Investor opportunity in Chesterfield! This Mid-Century Modern 3-bedroom, 1-bath home sits on a large corner lot on a quiet street adjacent to the dog park-an attractive location for future resale or rental appeal. (No HOA) The property features strong bones and desirable architectural elements including vaulted ceilings, hardwood floors, and a floor-to-ceiling fireplace. Additional value-add

  Kevin Durfee Carpenter, REALTORS®

  108 Makepeace Dr, Anderson, IN 46017
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  /9

  $165,000

  • Land
  • 9.1 Acres
  • $18,138 per Acre

  10 W North St, Anderson, IN 46012

  9.09-acre tract on W North St in Anderson (Madison County) with a great mix of usable ground and natural features-- the property offers about 1,240' of frontage along Stony Creek, plus nearly 900' of county road frontage for convenient access. Ideal for a hobby farm, recreation, or a future homesite

  Keri Hir Keri Hir

  10 W North St, Anderson, IN 46012
• 

  

  /14

  $127,900

  • 2 Beds
  • 1 Bath
  • 775 Sq Ft

  313 E 39th St, Anderson, IN 46013

  Fully updated 2/1 in a great location. Brand new roof, siding, and attractive wood accents. The interior has been fully remodeled. Fully furnished kitchen with new cabinet, countertops, and SS appliances. Beautifully updated bathroom with tiled shower and new fixtures. Spacious living room with vinyl plank flooring. Come see today!

  Barry Hines Realty Wealth Advisors

  313 E 39th St, Anderson, IN 46013
• 

  

  /16

  $114,900

  • 2 Beds
  • 1 Bath
  • 810 Sq Ft

  1423 Fountain St, Anderson, IN 46016

  Fully updated 2 bedroom offering new finishes, a low maintenance lifestyle and full basement for storage! Brand new paint, flooring, and fixtures throughout. Modern kitchen with updated cabinets, counters, and SS appliances! Attractive exterior has been updated with several items. Great opportunity for the right buyer!

  Barry Hines Realty Wealth Advisors

  1423 Fountain St, Anderson, IN 46016
• 

  

  /41

  $190,000

  • 3 Beds
  • 1.5 Baths
  • 3,033 Sq Ft

  2316 Lake Dr, Anderson, IN 46012

  Welcome to an amazing opportunity! This home is for sale via auction by Abundant Auctions. To place a bid, please visit their website for more information, Charming tri-level home in a quiet, well-kept Anderson neighborhood. This 3-bedroom, 1.5-bath property offers spacious living with a huge living room, large family room, and ample storage in the basement. Also features a detached 2-car garage,

  Ken Nissley Kenter Real Estate, LLC

  2316 Lake Dr, Anderson, IN 46012
• 

  

  /22

  $175,000

  • 4 Beds
  • 2 Baths
  • 2,214 Sq Ft

  4406 S Madison Ave, Anderson, IN 46013

  Located in Del-Mar Estates in Anderson, this well-maintained single-family brick ranch offers over 2,200 square feet of living space, featuring 4 bedrooms and 2 full bathrooms, along with an attached garage. Upon arrival, you're welcomed by a concrete driveway, a spacious front yard, and a quaint front porch. Inside, a generously sized living room is filled with natural light from a large front

  Rosie Berzenye T&H Realty Services, Inc.

  4406 S Madison Ave, Anderson, IN 46013
• 

  

  /14

  $174,900

  • 2 Beds
  • 1 Bath
  • 936 Sq Ft

  1616 S I St, Elwood, IN 46036

  Fully Renovated | Move-In Ready | 2 Bed, 1 Bath | $174,900 Beautifully updated 2-bedroom, 1-bath home offering modern finishes and turnkey convenience. Recent renovations include fresh interior and exterior paint, new luxury vinyl plank (LVP) flooring throughout, updated light fixtures, and a new AC system. The remodeled kitchen features brand new cabinetry, quartz countertops, and stainless

  Larry Maxey Larry Maxey

  1616 S I St, Elwood, IN 46036
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  /8

  $100,000

  • Land
  • 0.75 Acre
  • $133,333 per Acre

  8186 W 875 S, Pendleton, IN 46064

  Opportunity Alert! Ever wanted to live in the Country? Here's your chance. This 3/4 Acre lot has utilities already on it. You can pull up and plug in your camper, simply pop a tent, or build. It's ready to go. Check out the attached documents with the Davis Homes proposed build plans. Photos show proposed build by Davis Homes. Buy the lot, build the home and have instant equity. This street had a

  James Lamson F.C. Tucker Company

  8186 W 875 S, Pendleton, IN 46064
• 

  

  /24

  $140,000

  • 3 Beds
  • 1 Bath
  • 1,032 Sq Ft

  2742 Apache Dr, Anderson, IN 46012

  Situated at 2742 Apache DR in ANDERSON, IN, USA, this single family residence presents itself as an inviting home, ready for immediate enjoyment. The kitchen provides a welcoming atmosphere, featuring classic shaker cabinets that offer both style and practical storage for culinary endeavors. Three comfortable bedrooms provide peaceful retreats within the dwelling, each offering a personal space

  Sam Johnson F.C. Tucker/Prosperity

  2742 Apache Dr, Anderson, IN 46012
• 

  

  /21

  $130,000

  • 3 Beds
  • 1 Bath
  • 888 Sq Ft

  2738 Apache Dr, Anderson, IN 46012

  A captivating single-family residence awaits discovery at 2738 Apache DR, ANDERSON, IN, USA, presenting itself as an inviting home, thoroughly prepared for immediate occupancy. Within the comfortable confines of 888 square feet, the kitchen stands as a central gathering spot, distinguished by elegant crown molding that adds a refined touch to daily culinary endeavors and convivial moments. This

  Sam Johnson F.C. Tucker/Prosperity

  2738 Apache Dr, Anderson, IN 46012
• 

  

  /31

  $189,900

  • 3 Beds
  • 1 Bath
  • 1,304 Sq Ft

  3432 Hamilton Place, Anderson, IN 46013

  A distinctive single family residence awaits at 3432 Hamilton PL in ANDERSON, IN, a property that has gracefully stood since its construction in 1909, offering a unique opportunity for cherished moments. The home encompasses three inviting bedrooms, each providing a personal retreat designed for tranquility and rejuvenation. A well-appointed full bathroom serves the residence, ensuring essential

  Tim Basey 10-42 Realty Group

  3432 Hamilton Place, Anderson, IN 46013
• 

  

  /51

  $155,000

  • 4 Beds
  • 2 Baths
  • 1,596 Sq Ft

  2209 Noble St, Anderson, IN 46016

  Beautiful fully renovated duplex featuring two units, each offering 2 bedrooms and 1 bathroom. Everything has been updated-truly move-in ready with modern finishes throughout. Recent upgrades include new siding, new windows, new HVAC systems, separated meters for Unit 1 and Unit 2, new kitchen appliances, updated plumbing and electrical systems, new water heaters, new flooring and paint, new

  Kerolos Sarofem HSI Commercial & Residential Group, Inc

  2209 Noble St, Anderson, IN 46016
• 

  

  /25

  $140,000

  • 3 Beds
  • 1 Bath
  • 900 Sq Ft

  2502 Horton Dr, Anderson, IN 46011

  WELCOME HOME! This charming 3Bedroom 1Bathroom situated on a corner lot is move in ready. This home offers a comfortable layout with NEW vinyl plank flooring in the living room, hallway and one bedroom that is being used as a sitting computer room. Cozy carpet in the bedrooms for added warmth and comfort. The kitchen comes equipped with stainless steel appliances, making meal prep both stylish

  Shamika Myers F.C. Tucker Company

  2502 Horton Dr, Anderson, IN 46011
• 

  

  /22

  $135,000

  • 4 Beds
  • 1 Bath
  • 2,492 Sq Ft

  911 W 3rd St, Anderson, IN 46016

  $1,450/Month Section 8 Rental | Exceeds 1% Rule | Fully Renovated 2025 Turnkey investment with immediate, reliable cash flow. Leased at $1,450/month with rent paid 100% through Section 8 (HAP). Tenant pays all utilities. At the $135,000 list price, this property exceeds the 1% rule at approximately 1.07% and is priced below a recent $140,000 appraisal, offering a compelling cash-flow opportunity

  Alyssa Burton Inspired Realty

  911 W 3rd St, Anderson, IN 46016
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  /28

  $199,000

  • 3 Beds
  • 2 Baths
  • 1,356 Sq Ft

  162 W 500 S, Anderson, IN 46013

  Welcome to 162 W 500 S, Anderson, IN - a charming, move-in ready single-family ranch home that blends classic American style with inviting rustic touches. This 1,356 sq ft gem features 3 bedrooms, 2 full baths, and a layout designed for easy living on a generous .27-acre lot. Step inside to find beautiful dark stained hardwood floors throughout most of the main level, while the spacious eat-in

  Peter Stewart Keller Williams Indpls Metro N

  162 W 500 S, Anderson, IN 46013
• 

  

  /21

  $145,000

  • 3 Beds
  • 1 Bath
  • 1,474 Sq Ft

  2205 Hendricks St, Anderson, IN 46016

  Turnkey Rental - Fully Renovated from the Studs Up Investment Opportunity: Currently rented for $1,469 per month, with the tenant paying all utilities and handling lawn care, creating a low-maintenance income property. At the $145,000 list price, the property delivers approximately a 1% rent-to-price ratio, a metric many investors seek. This 3-bedroom, 1-bathroom home offers approximately 1,500

  Alyssa Burton Inspired Realty

  2205 Hendricks St, Anderson, IN 46016
• 

  

  /24

  $159,900

  • 3 Beds
  • 1 Bath
  • 975 Sq Ft

  1828 Norwood Way, Anderson, IN 46011

  This 3 bedroom 1 bath home has nice updates including new LED lights throughout the home, a large eat in kitchen, and a large bathroom. There are two garages, the first is a one car attached, the other is a two car detached. The owner has been able to store 3 vehicles in the detached garage. The back yard is fully fenced. More recent updates include a newer high efficiency HVAC system, a newer

  Jeff Weightman Weightman Realty Group, LLC

  1828 Norwood Way, Anderson, IN 46011
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  /4

  $170,000

  • Land
  • 8.76 Acres
  • $19,406 per Acre

  0 E 250 N Unit MBR22088943, Anderson, IN 46012

  If you are looking for a somewhat secluded, wooded lot with a pond to build upon...you might have found what you are looking for. Located North of Chesterfield, not far from the Daleville/Chesterfield Interstate 69 interchange. This location has easy access to Anderson, Muncie, Indianapolis, and Fort Wayne. Several great school districts for School Choice. There are 8.76 acres, mostly wooded with

  Carol Miller Engel & Volkers

  0 E 250 N Unit MBR22088943, Anderson, IN 46012
• 

  

  /18

  $130,000

  • 3 Beds
  • 2 Baths
  • 1,583 Sq Ft

  1520 Noble St, Anderson, IN 46016

  Investor opportunity! This tenant-occupied 3-bedroom, 2-bath home is currently rented for $1,417/month (Increased to 1,467 July 2026), with the tenant responsible for all utilities and lawn care, creating a low-maintenance investment from day one. The property has a long-term tenant in place with an established history of timely payments. Several key updates have already been completed, including

  Alyssa Burton Inspired Realty

  1520 Noble St, Anderson, IN 46016
• 

  

  /24

  $189,900

  • 3 Beds
  • 2 Baths
  • 1,308 Sq Ft

  901 Grant St, Frankton, IN 46044

  Welcome home to this well-maintained 3-bedroom, 2 bath ranch located in Frankton. Situated on a nice lot with no HOA, this brick home offers both comfort and functionality. As you step inside, you're greeted by a spacious living room-perfect for relaxing or entertaining. The home features hardwood flooring throughout the living room and bedrooms providing a warm and cozy feel. Newer vinyl

  Sarah Floyd eXp Realty LLC

  901 Grant St, Frankton, IN 46044
• 

  

  /18

  $145,000

  • 2 Beds
  • 1 Bath
  • 768 Sq Ft

  710 S A St, Elwood, IN 46036

  Situated at 710 S A ST in ELWOOD, IN, this single family residence, originally constructed in 1930, presents itself as an inviting home, thoughtfully prepared and thoroughly ready for occupancy. The heart of this residence features a kitchen adorned with elegant shaker cabinets, providing a stylish and functional space for culinary creativity. The single full bathroom offers a refreshing

  Ray Watson Bill Brogdon Realty

  710 S A St, Elwood, IN 46036
• 

  

  /20

  $164,900

  • 3 Beds
  • 2 Baths
  • 1,521 Sq Ft

  516 W 4th St, Anderson, IN 46016

  Spacious 3 bed, 2 bath with fantastic yard and storage garage. This property has multiple updates and is truly move-in ready! Fresh paint inside and out. Brand new flooring, kitchen and bathrooms. Huge living room area and spacious bedrooms. Come see today!

  Barry Hines Realty Wealth Advisors

  516 W 4th St, Anderson, IN 46016
• 

  

  /19

  $129,900

  • 2 Beds
  • 1 Bath
  • 952 Sq Ft

  1807 Walton St, Anderson, IN 46016

  Updated 2 bed, 1 bath on a triple lot! Private cottage style home with redone front porch. Oversized 1 car garage provide ample storage. Fresh paint, updated fixtures and brand new flooring throughout. This is a great home to make your own. Come see today!

  Barry Hines Realty Wealth Advisors

  1807 Walton St, Anderson, IN 46016
• 

  

  /26

  $180,000

  • 2 Beds
  • 1 Bath
  • 1,392 Sq Ft

  2013 Alexandria Pike, Anderson, IN 46012

  This charming two-bedroom, one-bathroom residence is situated on a half-acre lot, with views of a large pond. Renovated in 2020. Family, dining, office and bedrooms painted in 2025. Enjoy the warmth of original hardwood floors in the bedrooms and dining area, also refinished in 2020. The spacious living room offers plenty of room for relaxation, while an additional versatile room off the living

  Sarah Jo Achor F.C. Tucker Company

  2013 Alexandria Pike, Anderson, IN 46012

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