Homes for sale under $500k in Montgomery, IN

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ABOUT THIS HOME
Homes for sale under $500k in Montgomery, IN
Approx. 33 +/- ACRES Breathtaking Lakefront Property – 21 Acres of Water & Serenity! Perched on a hill overlooking open western skies, this stunning lakefront retreat offers 21 acres of a nearly 70-acre private lake to call your own. Enjoy nature at its best with American bald eagles and osprey often soaring above and deer wandering nearby. The charming cabin features a large bedroom, spacious living room with fireplace, full bathroom with new plumbing, small kitchen, and covered front and back porches—perfect for quiet mornings or sunset views. This unique property includes public water, electricity, camper hookup, and a large detached barn for storage. The land offers r

$399,000

1 bed1 bath640 sq ft

100 North Rd, Montgomery, IN 47558

Wooded recreation • Large open rooms • Lakefront views

ABOUT THIS HOME
Homes for sale under $500k in Montgomery, IN
Discover one-level living with this 3 bedroom, 2.5 bath ranch home, located in one of the area's most desirable neighborhoods. This property has so much to offer from it's welcoming living room, to the primary ensuite with soaker tub & walk-in shower. The bright, functional kitchen features ample cabinetry & appliances to stay & central to the breakfast nook, dining room, & great room. The inviting great room provides a gas log fireplace & vaulted ceiling, ideal for gatherings or quiet evenings. The laundry room provides a conveniently located half bath. Outside you will enjoy the open patio or covered entertaining area ideal for relaxing or get-togethers. The e

$319,000

3 beds2.5 baths1,932 sq ft

6442 E 100 N, Montgomery, IN 47558

Open patio • Vaulted ceiling • One-level living

ABOUT THIS HOME
Homes for sale under $500k in Montgomery, IN
LOCATION, LOCATION, LOCATION! There are many possibilities for this 1.55 acre property at the busy, improved intersection of HWY 50 and CR 900 E (Cannelburg Rd). On the property is a modest home with 2 bedrooms, 1 full bath, living room, functional kitchen/dining combo, wash room, front and back covered porches, and dry a storage basement with utilities. A 2-car garage flanks the home off the gravel driveway. Between 6,700 and 9,100 vehicles traverse this intersection daily on HWY 50 between US 231 and I-69 or access the 100's of businesses off of CR 900 E. MORE ADJACENT ACREAGE AVAILABLE.

$275,000

2 beds1 bath944 sq ft

8965 E US Highway 50, Cannelburg, IN 47519

Storage basement • 1.55 acre property • 1.55 acre lot

ABOUT THIS HOME
Homes for sale under $500k in Montgomery, IN
This charming 2 bedroom, 1.5 bathrooms (±1,279 sq ft) home sits on a large lot (±0.99 acres) and offers a blend of indoor comfort and outdoor living. The property features a private backyard, ideal for relaxing or entertaining. A covered breezeway provides a great spot for patio furniture, grilling, and extending your living space outdoors. The blacktop driveway adds convenience and curb appeal. Inside you will find 2 spacious bedrooms and a large living/dining room with hardwood flooring. The house also sports a full, unfinished basement. Don't miss this great opportunity in the heart of Montgomery.

$258,000

2 beds1.5 baths1,279 sq ft

6668 E US Hwy 50, Montgomery, IN 47558

Blacktop driveway • Hardwood flooring • Covered breezeway

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ABOUT THIS HOME
Homes for sale under $500k in Montgomery, IN
Gorgeous views & a great location just off Bedford Road! Newly renovated, spacious 3,646sqft home with 4 bedrooms, 3 bathrooms, and a 3 car attached garage. This home sits on 1.27 acres that is great for entertaining indoors & outdoors! Outdoors, the concrete patio has a hot tub & a covered outdoor kitchen with a built in Blackstone grill, and electric for a TV! Inside, you'll find an open concept kitchen, dining, & living room. The spacious kitchen features granite countertops & a kitchen island. The main level primary bedroom features an ensuite bathroom with a double headed, walk-in, tiled shower & a large custom walk-in closet with a rolling island &a

$479,000

4 beds3 baths3,646 sq ft

1578 E 100 N, Washington, IN 47501

Hot tub • Great location • Concrete patio

ABOUT THIS HOME
Homes for sale under $500k in Montgomery, IN
Charming 4-Bedroom Home in the Heart of Barr-Reeve Country! Welcome home to this beautiful one-and-a-half-story, 4-bedroom, 2-bath property nestled in town but feels like your in the country! Step inside to find inviting spaces with updated laminate and carpet flooring throughout, complemented by modern finishes and thoughtful details at every turn. The main level features a spacious master suite complete with a large walk-in closet, while the upper level offers two oversized shared closets and a bonus room — perfect for a playroom, home office, or guest space. Enjoy peace of mind with numerous updates including newer lighting, AC, furnace, sump pump, roof, windows, flooring, cabinets

$379,900

4 beds2 baths3,117 sq ft

103 N Main St, Cannelburg, IN 47519

Master suite • Walk-in closet • Bonus room

ABOUT THIS HOME
Homes for sale under $500k in Montgomery, IN
You will experience the perfect blend of luxury and comfort in this stunning 4-bedroom, 3-bathroom home on 3 acres +/-. Enjoy the architectural elegance of vaulted ceilings and an open balcony that adds an airy and inviting atmosphere. This home boasts a custom kitchen equipped with granite countertops and a central island, perfect for cooking and entertaining. The large family room provides plenty of space for relaxation and family gatherings plus a private theatre room designed for the ultimate entertainment experience. The extra-large primary suite features a custom bath and a spacious walk-in closet, ensuring ample storage and privacy. Additional features include a 2-car garage, charmin

$375,000

4 beds3 baths3,736 sq ft

2105 E National Hwy, Washington, IN 47501

3.01 acre lot • 2 garage spots • Built 1988

ABOUT THIS HOME
Homes for sale under $500k in Montgomery, IN
Escape to peaceful country living with this beautiful quad-level home perfectly situated on a scenic hillside. Set on 5 picturesque acres, this property offers the perfect blend of privacy, space, and rural charm—all just a short drive from town conveniences. Step inside to find 4 spacious bedrooms and 3 full bathrooms, designed for both comfort and functionality. The home’s multi-level layout provides distinct living areas for relaxation and entertaining. The walk-out basement adds even more space, ideal for a family room, home office, or guest suite. Enjoy stunning views of the countryside from the screened-in, covered back patio, perfect for morning coffee or evening gatherin

$374,900

4 beds3 baths3,129 sq ft

2697 E 250 Rd S, Washington, IN 47501

Quad-level home • 5 picturesque acres • Scenic hillside

ABOUT THIS HOME
Homes for sale under $500k in Montgomery, IN
Are you seeking a residence with acreage and an inground pool in a rural setting? Then your search is complete! Consider this stunning 4 bedroom, 2 bath brick home with a newer roof on 5.49 acres +/-. Features include a kitchen with island, crown molding throughout the main level, ample storage, full finished walkout basement with a second kitchen, newly remodeled bathroom and family room with fireplace. A large rear deck with trek board overlooks a park-like setting and an in-ground pool with newer pool fence. This home also offers a 2-car attached garage and 2 outbuildings.

$360,000

4 beds2 baths2,496 sq ft

3145 S 125 E, Washington, IN 47501

Newer pool fence • Inground pool • Kitchen with island

ABOUT THIS HOME
Homes for sale under $500k in Montgomery, IN
Lake front property!!!! Looking for a place to get away and relax ? A single story home and attached garage, sunroom, patio, plus a 2 boat boathouse. Access to the great fishing, boating West Boggs Lake right from your property. A huge backyard with trees on one side for lots of privacy. Only a few minutes from Loogootee. A quiet neighborhood. Utility Companies are installing high-speed fiber optic internet at the time of listing.

$329,000

2 beds1.5 baths1,292 sq ft

5454 Ski Drive Dr, Loogootee, IN 47553

Lake front property • Huge backyard • Sunroom

Property at 9 Beacon Way, Washington, IN 47501, 3 beds, 2 baths

$295,000

3 beds2 baths1,474 sq ft

9 Beacon Way, Washington, IN 47501

Property at 2115 Lakeview Dr, Washington, IN 47501, 4 beds, 2 baths

$294,900

4 beds2 baths2,062 sq ft

2115 Lakeview Dr, Washington, IN 47501

Property at 2124 Lakeview Dr, Washington, IN 47501, 3 beds, 3 baths

$279,900

3 beds3 baths3,189 sq ft

2124 Lakeview Dr, Washington, IN 47501

Property at 2956 S State Road 257, Washington, IN 47501, 3 beds, 2 baths

$275,000

3 beds2 baths2,198 sq ft

2956 S State Road 257, Washington, IN 47501

Property at 12176 E 350 N, Loogootee, IN 47553, 3 beds, 1.5 baths

$269,900

3 beds1.5 baths1,716 sq ft

12176 E 350 N, Loogootee, IN 47553

Property at 407 Eastside Park Rd, Washington, IN 47501, 3 beds, 2 baths

$269,500

3 beds2 baths1,564 sq ft

407 Eastside Park Rd, Washington, IN 47501

Property at 7 Magnolia Dr, Washington, IN 47501, 3 beds, 3 baths

$259,900

3 beds3 baths2,677 sq ft

7 Magnolia Dr, Washington, IN 47501

Property at 644 N 350 Rd E, Washington, IN 47501, 3 beds, 1.5 baths

$255,000

3 beds1.5 baths1,580 sq ft

644 N 350 Rd E, Washington, IN 47501

Property at 10941 N 1080 E, Odon, IN 47562, 2 beds, 2 baths

$200,000

2 beds2 baths1,232 sq ft

10941 N 1080 E, Odon, IN 47562

Property at 5255 N State Road 257, Otwell, IN 47564, 4 beds, 2 baths

$199,900

4 beds2 baths2,052 sq ft

5255 N State Road 257, Otwell, IN 47564

Property at 1107 State St, Washington, IN 47501, 3 beds, 2 baths

$169,900

3 beds2 baths1,442 sq ft

1107 State St, Washington, IN 47501

Property at 2690 N SR 257, Otwell, IN 47564, 3 beds, 0.5 baths

$140,000

3 beds0.5 baths1,333 sq ft

2690 N SR 257, Otwell, IN 47564

Property at 2666 E 550 Rd S, Washington, IN 47501, 3 beds, 2 baths

$105,000

3 beds2 baths1,344 sq ft

2666 E 550 Rd S, Washington, IN 47501

Homes for sale under $500k in Montgomery

There are currently 4 homes for sale under $500k in Montgomery. Some of these homes are "Hot Homes," meaning they're likely to sell quickly. Most homes for sale in Montgomery stay on the market for 45 days. This map is refreshed with the newest listings in Montgomery every 15 minutes.

In the past month, 1 home has been sold in Montgomery. Find your dream home in Montgomery using the tools above. Use filters to narrow your search by price, square feet, beds, and baths to find homes that fit your criteria. Our top-rated real estate agents in Montgomery are local experts and are ready to answer your questions about properties, neighborhoods, schools, and the newest listings for sale in Montgomery. Our Montgomery real estate stats and trends will give you more information about home buying and selling trends in Montgomery. If you're looking to sell your home in the Montgomery area, our listing agents can help you get the best price. Redfin is redefining real estate and the home buying process in Montgomery with industry-leading technology, full-service agents, and lower fees that provide a better value for Redfin buyers and sellers.

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