Madison County IN Homes under $200,000

• 

  

  

  /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
• 

  

  

  /21

  $140,000

  • 4 Beds
  • 1.5 Baths
  • 1,986 Sq Ft

  2915 E Lynn St, Anderson, IN 46016

  At 2915 E Lynn ST, ANDERSON, IN, USA, stands a single family residence, established in 1905, radiating an inviting atmosphere and prepared for immediate occupancy. Spanning two distinct levels, this residence encompasses 1986 square feet of refined interior living space, designed for comfort and versatility. Within this substantial dwelling, four dedicated sleeping quarters offer personal

  Erica Scott Ever Real Estate, LLC

  2915 E Lynn St, Anderson, IN 46016
• 

  

  

  /6

  $199,000

  • Land
  • 1.34 Acres
  • $148,507 per Acre

  0 E Hartman Rd, Anderson, IN 46012

  Here is an opportunity for a 1.34 acre vacant commercial lot poised for development. Currently zoned as B1 (Local Business District) which is designed and located in neighborhoods to accommodate the primary shopping and service needs of the locality. B1 zoning does allow for single family, double family, and multifamily development and use. Additional approved use is automobile service, office

  Tim Hall F.C. Tucker/Prosperity

  0 E Hartman Rd, Anderson, IN 46012
• 

  

  

  /4

  $178,000

  • 4 Beds
  • 4 Baths

  702 W 5th St, Anderson, IN 46016

  This 4-unit property encompasses 2000 square feet of living area. The substantial 5760 square foot corner lot. Three of the four units are rented, The property has been nicely updated with newer flooring, lighting, and paint. Great ROI potential!

  Jeff Weightman Weightman Realty Group, LLC

  702 W 5th St, Anderson, IN 46016
• 

  

  

  /14

  $169,900

  • 3 Beds
  • 2 Baths
  • 1,872 Sq Ft

  504 W Washington St, Alexandria, IN 46001

  Newly remodeled family home in the heart of Alexandria! This home has 3 bedrooms/2 full bathrooms and a huge bonus room on the 3rd floor that could be used as a 4th bedroom or large family room. Nearly everything in the house is new! There is all new flooring throughout the home, fresh paint, new trim, new doors, new central air unit, roof is 5 years old, new siding, and so much more! On street

  Rachel Young Dyer Real Estate

  504 W Washington St, Alexandria, IN 46001
• 

  

  /3

  $200,000

  • 4 Beds
  • 4 Baths

  205 N Lincoln Ave, Alexandria, IN 46001

  At 205 N Lincoln AVE in ALEXANDRIA, IN, USA, stands a distinguished quadruplex, originally constructed in 1899, offering a unique opportunity for ownership. This substantial quadruplex provides a generous 2500 square feet of living area, creating an environment where comfort and individual spaces are thoughtfully provided within its enduring structure. The significant interior dimensions ensure a

  Jeff Weightman Weightman Realty Group, LLC

  205 N Lincoln Ave, Alexandria, IN 46001
• 

  

  /31

  $134,900

  • 2 Beds
  • 1 Bath
  • 949 Sq Ft

  914 Chestnut St, Anderson, IN 46012

  TURN KEY, UPDATED, & MOVE IN READY! 2 Bed 1 Bath currently functioning as a short term rental / AirBnb. Furnishings, furniture, and decor negotiable! Original hardwoods throughout! Fully fenced back yard for your furry friends. 1 Car detached garage. Relax on the back deck with friends and family. Updated and ready for you to call home. Walking distance to scenic Edgewater Park. Close to

  Grant Gorman Green Forest Realty

  914 Chestnut St, Anderson, IN 46012
• 

  

  /28

  $169,900

  • 4 Beds
  • 2 Baths
  • 1,311 Sq Ft

  809 College Dr, Anderson, IN 46012

  Charming 4BR/2BA Craftsman featuring beautiful hardwood floors throughout the spacious Living Room and Dining Room. The Kitchen offers a large Pantry and convenient Laundry Area. The Main Level includes two Bedrooms and a full Bath, while the Upper Level provides two additional Bedrooms and a second full Bath. The Upstairs Bedrooms are connected in a classic Craftsman layout, offering flexible

  Candy Bair RE/MAX Real Estate Solutions

  809 College Dr, Anderson, IN 46012
• 

  /2

  $190,000

  • 4 Beds
  • 3 Baths

  1527 Walnut St, Anderson, IN 46016

  This Triplex configuration offers the distinct advantage of separate living quarters within one cohesive structure, providing versatility in its arrangement. Spanning a generous 2071 square feet of living area, the interiors present abundant space, allowing for diverse personal configurations and comfortable daily routines. There have been many improvements to the nicely remodeled property. This

  Jeff Weightman Weightman Realty Group, LLC

  1527 Walnut St, Anderson, IN 46016
• 

  

  /33

  $160,000

  • 4 Beds
  • 2 Baths
  • 1,560 Sq Ft

  207 Jackson St, Frankton, IN 46044

  Residing at 207 S Jackson ST, FRANKTON, IN, USA, this single family residence, constructed in 1900, offers a quiet-yet-inviting home environment, thoroughly prepared for immediate occupancy. Within the living room, a distinctive wood ceiling creates an atmosphere of warmth, complemented by a fireplace that promises serene evenings and a welcoming focal point for gatherings. The kitchen stands as

  Maria Lasher eXp Realty LLC

  207 Jackson St, Frankton, IN 46044
• 

  

  /18

  $120,000

  • 3 Beds
  • 1 Bath
  • 816 Sq Ft

  2617 Fowler St, Anderson, IN 46012

  Situated at 2617 Fowler St in Anderson, IN, this single-family residence presents an inviting home that is currently operating as a reliable investment property. The property is tenant-occupied with residents who pay on time and have maintained consistent occupancy, making it an excellent opportunity for investors seeking immediate rental income. Encompassing 816 square feet of living space, this

  Maria Lasher eXp Realty LLC

  2617 Fowler St, Anderson, IN 46012
• 

  

  /27

  $150,000

  • 3 Beds
  • 2 Baths

  131 W 13th St, Anderson, IN 46016

  Investor Special! This Anderson duplex checks all the boxes. Rented at $1,600/month its ready to beat the 1% rule. Each unit is separately metered for tenants to cover all utilities. Major updates completed: new siding (2022), some new windows, updated flooring & carpet (2022), plus new appliances, furnace, and water heater (2024). With big-ticket improvements handled and tenant-paid expenses,

  Alyssa Burton Inspired Realty

  131 W 13th St, Anderson, IN 46016
• 

  

  /23

  $146,900

  • 2 Beds
  • 1 Bath
  • 975 Sq Ft

  1903 Norwood Way, Anderson, IN 46011

  Welcome home to this beautifully updated 2-bedroom, 1 full bathroom property offering a functional layout and modern finishes throughout. This move-in ready home features new flooring and fresh paint, creating a clean and inviting atmosphere from the moment you step inside. The brand-new kitchen is a true highlight, showcasing new cabinetry, updated countertops, new appliances, and stylish

  Nicolas Harter RE/MAX Real Estate Solutions

  1903 Norwood Way, Anderson, IN 46011
• 

  

  /31

  $149,900

  • 3 Beds
  • 2 Baths
  • 1,193 Sq Ft

  803 Cottage Ave, Anderson, IN 46012

  Move in Right! 3 Bed 2 Bath currently functioning as a short term vacation rental. Turn key with negotiable furnishings! Great layout! The kitchen, a place for culinary creativity, boasts elegant shaker cabinets providing ample storage, complemented by refined crown molding that frames the space with architectural grace. Each of the three serene bedrooms offers a peaceful retreat, with the

  Grant Gorman Green Forest Realty

  803 Cottage Ave, Anderson, IN 46012
• 

  

  /24

  $140,000

  • 4 Beds
  • 1 Bath
  • 2,278 Sq Ft

  521 W 37th St, Anderson, IN 46013

  Southside Investment Opportunity You Don't Want to Miss! If you've been waiting for the right property to add to your portfolio - this is it. This spacious home offers over 2,000 square feet of living space with 4 bedrooms and room to maximize value. Whether you're looking for your next rental, flip, or long-term hold, the potential here is undeniable. Over 2,000 sq ft, 4 generous bedrooms,

  Kimberlan Peak-Hill Keller Williams Indy Metro NE

  521 W 37th St, Anderson, IN 46013
• 

  

  /15

  $125,000

  • 3 Beds
  • 1 Bath
  • 1,320 Sq Ft

  18 Lotus St, Alexandria, IN 46001

  Check out this 3 bedroom 1 bath home in Orestes. Nice large living room that has built in bookshelves. Located on a corner lot with 2 extra lots. Newer large detached garage with lots of room. Plus an older large out building . Covered front porch. House sits on poured concrete there is no crawl space.

  Julayne Myers Dyer Real Estate

  18 Lotus St, Alexandria, IN 46001
• 

  

  /13

  $130,000

  • 2 Beds
  • 1 Bath
  • 1,020 Sq Ft

  2610 E 8th St, Anderson, IN 46012

  Wonderful starter home or addition to your portfolio. New paint and carpet on the interior 2024. New roof and siding 2025. New furnace and water heater 2025. Electrical panel has been updated. Property is tenant occupied through 4/30/2026. Potential seller finance option with the right terms.

  Richard Graham JMG Indiana

  2610 E 8th St, Anderson, IN 46012
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  /27

  $164,900

  • 3 Beds
  • 1 Bath
  • 1,156 Sq Ft

  3244 S 200 E, Anderson, IN 46017

  WOW! Glorious! Amazing! Completely renovated 3-bedroom home in a quiet community. Great neighborhood location and proximity to everything one needs! Spacious floor plan. Fresh neutral paint inside and outside. Beautiful vinyl flooring throughout, Stunning kitchen area with upgraded cabinets, new countertops, and new stainless-steel appliances with built in microwave, new Fans and LED light

  Randy Placencia Red Bridge Real Estate

  3244 S 200 E, Anderson, IN 46017
• 

  

  /22

  $168,000

  • 2 Beds
  • 1 Bath
  • 999 Sq Ft

  5828 Oak Ln, Anderson, IN 46013

  South Anderson Charm. Welcome home to this timeless 2 bed, 1 bath brick ranch full of character and warmth on the south side of Anderson! Step inside to beautiful hardwood floors, original vintage features, and graceful arched entryways that give this home classic appeal you just don't find anymore. The inviting eat-in kitchen offers the perfect space for cozy breakfasts and weeknight dinners,

  Abigail Escobar Keller Williams Indy Metro NE

  5828 Oak Ln, Anderson, IN 46013
• 

  

  /24

  $109,900

  • 2 Beds
  • 1 Bath
  • 1,094 Sq Ft

  2412 S B St, Elwood, IN 46036

  This charming 3-bedroom, 1-bath home offers peace of mind with all the big-ticket items already taken care of—HVAC, roof, electric, and siding were all updated in 2021. Step inside to a bright and welcoming layout, perfect for both everyday living and entertaining. The spacious bedrooms provide plenty of comfort and flexibility, while the updated systems ensure efficiency and low maintenance for

  Nicholas Hindes Peter Khosla, Inc

  2412 S B St, Elwood, IN 46036
• 

  

  /21

  $160,000

  • 2 Beds
  • 2 Baths

  2034 Fletcher St, Anderson, IN 46016

  Updated property with strong income. Currently configured as a duplex, this property offers the opportunity to convert or utilize space as a third unit. New Roof has been installed with gutters, units have been updated inside.

  Angie Daza PRESTIGE SVA GROUP INC

  2034 Fletcher St, Anderson, IN 46016
• 

  

  /27

  $128,500

  • 2 Beds
  • 1 Bath
  • 1,008 Sq Ft

  2520 Pamela Ct, Anderson, IN 46012

  Very nice, two-bedroom, one bath condo in the highly desirable Panorama community located on a quiet cul-de-sac. Beautiful all brick condo with an oversized one car garage with extra storage. The two nicely sized bedrooms are located off of the living room and separated by the bathroom. New water heater installed April 2025 and handicap bars installed in tub/shower combo in 2025. Don't miss this

  Melissa True Carpenter, REALTORS®

  2520 Pamela Ct, Anderson, IN 46012
• 

  

  /24

  $125,000

  • 3 Beds
  • 2 Baths
  • 1,331 Sq Ft

  812 Chestnut St, Anderson, IN 46012

  Location. Price. Opportunity. Just a 5-minute walk (2-minute drive) to Anderson University, this 3-bedroom, 2-bath home puts you in one of Anderson's most walkable and desirable corridors. Priced at $125,000, this is a rare chance for a first-time buyer to step into ownership and start building equity instead of paying rent. Homes with three bedrooms and two full baths - this close to campus - do

  Deborah Argenta Keller Williams Indpls Metro N

  812 Chestnut St, Anderson, IN 46012
• 

  

  /17

  $137,500

  • 3 Beds
  • 1 Bath
  • 1,036 Sq Ft

  1128 W 1st St, Anderson, IN 46016

  Positioned at 1128 W 1st St, Anderson, IN, this fully updated single-family residence is move-in ready and designed for immediate enjoyment. The kitchen is thoughtfully appointed with a stylish backsplash and classic shaker cabinetry, offering a space that is both visually appealing and highly functional. Every major component of the home has been updated, including new windows, new plumbing, new

  Angie Daza PRESTIGE SVA GROUP INC

  1128 W 1st St, Anderson, IN 46016
• 

  

  /36

  $110,000

  • 4 Beds
  • 2 Baths
  • 1,909 Sq Ft

  908 Cottage Ave, Anderson, IN 46012

  Located at 908 Cottage AVE in ANDERSON, IN, USA, this single-family residence presents an inviting home, thoroughly prepared for those ready to embrace a distinctive living experience. Among the four bedrooms, one particular space distinguishes itself with a striking wood wall, imparting a unique sense of character and warmth within its confines. This two-story residence, built in 1895,

  Marty Dulworth RE/MAX Real Estate Solutions

  908 Cottage Ave, Anderson, IN 46012
• 

  

  /17

  $111,000

  • 2 Beds
  • 1 Bath
  • 840 Sq Ft

  321 E 34th St, Anderson, IN 46013

  Welcome home to this move in ready bungalow located in the Meadowbrook area. This affordable two bedroom home has an updated kitchen with a large window for tons of natural light and includes the dishwasher, refrigerator, range/oven with microwave hood. The living room is spacious with lots of natural light. Beautiful original hardwood floors through out. The two bedrooms have hardwood floors and

  Ann Skinner Weichert, Realtors-Tralee Prop

  321 E 34th St, Anderson, IN 46013
• 

  

  /32

  $169,500

  • 4 Beds
  • 2 Baths
  • 1,176 Sq Ft

  412 Main St, Elwood, IN 46036

  Welcome home to 412 W Main St in Elwood, where small-town charm meets everyday convenience. Located in the heart of the community, this inviting property offers easy access to local shops, restaurants, parks, and schools, making daily life simple and connected. Inside, you'll find a comfortable layout designed for practical living, with spaces that feel welcoming and full of natural light.

  Logan McNitt Trueblood Real Estate

  412 Main St, Elwood, IN 46036
• 

  

  /19

  $150,000

  • 4 Beds
  • 1 Bath
  • 1,080 Sq Ft

  2115 S I St, Elwood, IN 46036

  Value add opportunity in Elwood with heavy lifting already done. Brand new framework, all new HVAC system including air conditioner and furnace, fully electric, and all new windows installed. Drywall is up and ready for finishing. Flooring still needs to be laid. Perfect for investors seeking a clean rehab with clear scope, fast turnaround potential, and solid ARV upside.

  Jameka Howard Compass Indiana, LLC

  2115 S I St, Elwood, IN 46036
• 

  

  /26

  $142,300

  • 3 Beds
  • 1 Bath
  • 925 Sq Ft

  1913 Norwood Place, Anderson, IN 46011

  Newley updated 3 bedrooms ranch in Madison county. House is located in a cul-de-sac. Freshly painted, new carpet through , Nice kitchen size including a large pantry , Gas stove, laminate floor that add luxury design to the kitchen. Brand new fridge. New vanity in the full bath. House consists of 2 splits units. Spacious backyard. Roof is only 4 months . Separate barn for storage

  Lucia Girgis Snyder Strategy Realty, Inc

  1913 Norwood Place, Anderson, IN 46011
• 

  

  /18

  $128,000

  • 3 Beds
  • 1 Bath
  • 900 Sq Ft

  2720 Seminole Ct, Anderson, IN 46012

  This single-family residence presents an inviting home, ready for its new owner. The kitchen offers a delightful space to create culinary masterpieces, enhanced by the elegant touch of crown molding, making every meal preparation feel like a special occasion. In the bedroom, crown molding adds a touch of sophistication and charm, creating a peaceful retreat where you can unwind and recharge. The

  Celeste Mariotti Carpenter, REALTORS®

  2720 Seminole Ct, Anderson, IN 46012
• 

  

  /24

  $129,900

  • 3 Beds
  • 1.5 Baths
  • 1,566 Sq Ft

  2506 E 8th St, Anderson, IN 46012

  Walk into this unique floor plan and imagine yourself here or consider adding this current investment property into your investment portfolio for steady rental income! This property sits on a large corner lot and has enough space to accommodate 3 bedrooms or 2 bedrooms and a living room. Currently the living room is on the main level along with a half bath and laundry room. Up the spiral

  Tim Hall F.C. Tucker/Prosperity

  2506 E 8th St, Anderson, IN 46012
• 

  

  /32

  $175,000

  • 4 Beds
  • 3 Baths

  615-617 Ruddle Ave, Anderson, IN 46012

  Income producing duplex available near the heart of downtown Anderson with one unit currently occupied. This duplex used to be a triplex and could be converted back with the second floor being two 1 bed/1 bath units. The building underwent significant electrical, plumbing, and HVAC renovation in 2020. There are 3 gas meters, 3 electrical panels. The upstairs unit (currently vacant) features two

  Tim Hall F.C. Tucker/Prosperity

  615-617 Ruddle Ave, Anderson, IN 46012
• 

  

  /27

  $149,900

  • 3 Beds
  • 1 Bath
  • 1,710 Sq Ft

  909 S A St, Elwood, IN 46036

  Welcome to 909 S A Street in Elwood! This home offers 3 bedrooms and 1 full bathroom, kitchen, dining room, and a front den currently used as a 4th bedroom, providing flexible living space to fit your needs. 2 bedrooms are located on the main floor with an additional bedroom upstairs. The home features a comfortable living room, an updated bathroom, and a basement with laundry and room for extra

  Summer Sherer RE/MAX Anew Realty

  909 S A St, Elwood, IN 46036
• 

  

  /24

  $120,000

  • 3 Beds
  • 2 Baths
  • 1,722 Sq Ft

  810 S Harrison St, Alexandria, IN 46001

  Uncover the untapped potential in this 2-story Alexandria property! This location provides small town living with convenient access to major thoroughfares. Priced for a full renovation, this home is a blank canvas, offering an incredible opportunity for investors or a homeowner eager to customize their dream space and build significant equity. This home is being sold "as-is" and it needs some

  Mike McKown F.C. Tucker/Crossroads Real Estate

  810 S Harrison St, Alexandria, IN 46001
• 

  

  /23

  $126,500

  • 3 Beds
  • 1 Bath
  • 1,344 Sq Ft

  2828 Lincoln St, Anderson, IN 46016

  Welcome to 2828 Lincoln St in Anderson! This recently renovated home offers a fresh, move-in-ready feel with updates throughout. Step inside to find modern finishes, updated flooring, and a bright, inviting interior that makes everyday living easy. The renovation enhances both style and functionality, making this property a great option for homeowners or investors alike. Conveniently located near

  Nicolas Harter RE/MAX Real Estate Solutions

  2828 Lincoln St, Anderson, IN 46016
• 

  

  /30

  $134,000

  • 3 Beds
  • 1 Bath
  • 1,007 Sq Ft

  130 Elva St, Anderson, IN 46013

  Welcome home to this cute and move-in-ready three-bedroom property offering a functional layout and a long list of updates throughout. Step inside to find all-new flooring and fresh paint, creating a clean and modern feel from room to room. The updated kitchen shines with new cabinets, countertops, fixtures, and appliances, making it both stylish and practical for everyday living. The home

  Trevar Denney RE/MAX Real Estate Solutions

  130 Elva St, Anderson, IN 46013
• 

  

  /24

  $125,000

  • 3 Beds
  • 1 Bath
  • 1,184 Sq Ft

  718 Main St, Elwood, IN 46036

  Renovated 3 bedroom home presents an opportunity to embrace comfortable living. Ready to move in, this single-family residence awaits your personal touch. The living room offers a gas log fireplace adjacent to a formal living room. The kitchen is designed for both functionality and style, featuring new appliances. The property offers an enclosed porch off the back and a covered front porch. The

  Justin Puckett Keller Williams Indy Metro NE

  718 Main St, Elwood, IN 46036
• 

  

  /24

  $125,000

  • 3 Beds
  • 1.5 Baths
  • 1,290 Sq Ft

  2803 Dewey St, Anderson, IN 46016

  Welcome to 2803 Dewey Street, a charming all-brick single-family home with a durable metal roof, located in the heart of Anderson. This three-bedroom residence boasts a bright, open living area and sits on a generously sized, fully fenced lot. The kitchen, a perfect blend of style and function, features classic shaker cabinets and an open-concept layout that flows seamlessly into the living

  Kevin Majeski Carpenter, REALTORS®

  2803 Dewey St, Anderson, IN 46016
• 

  

  /36

  $139,900

  • 3 Beds
  • 1.5 Baths
  • 1,148 Sq Ft

  406 W 6th St, Anderson, IN 46016

  Located at 406 W 6th ST, ANDERSON, IN, this inviting home in Madison County offers a wonderful opportunity to settle into a ready-to-move-in residence. Imagine relaxing on the porch, sipping a refreshing beverage, and watching the world go by. The three bedrooms offer comfortable retreats, with one bedroom featuring the convenience of an ensuite bathroom. This single-family residence also offers

  Barry Hines Realty Wealth Advisors

  406 W 6th St, Anderson, IN 46016
• 

  

  /20

  $155,000

  • 3 Beds
  • 1 Bath
  • 1,358 Sq Ft

  2803 E Lynn St, Anderson, IN 46016

  Discover an inviting home awaiting you at 2803 E Lynn ST, ANDERSON, IN. This single-family residence in Madison County offers a charming and move-in ready experience. Imagine culinary adventures unfolding within the kitchen, where the classic design of shaker cabinets provides a welcoming space to create your favorite dishes. The laundry room offers the possibility of streamlined routines. This

  Abigail Escobar Keller Williams Indy Metro NE

  2803 E Lynn St, Anderson, IN 46016

Showing Results 41 - 80, Page 2 of 3