Homes for sale under $400k in Trafalgar, IN

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3D WALKTHROUGH

ABOUT THIS HOME
Homes for sale under $400k in Trafalgar, IN
Built in 2024, this stunning 5-bedroom, 2.5-bath home offers all the benefits of new construction - without the wait! Step inside to find an open-concept floor plan designed for modern living, with new EVERYTHING including the roof, HVAC, flooring, and more. The main level features a dedicated office perfect for remote work or homework space, while the bright and airy great room flows seamlessly into the kitchen and dining area - ideal for entertaining or family time. Outside, you'll love the . 26-acre pie-shaped lot, complete with a large back patio perfect for evening cookouts, and a driveway extension for a third car. The home also includes a water softener hookup, fiber internet availab

$360,000

5 beds2.5 baths2,552 sq ft

55 Manchester Dr, Trafalgar, IN 46181

Large back patio • Driveway extension • Dedicated office

READY TO BUILD

ABOUT THIS HOME
Homes for sale under $400k in Trafalgar, IN
Picture yourself in the spacious and flexible Empress floorplan - a 3,200 sq. ft. home with five bedrooms, multiple living areas, and endless options to make it your own. Designed for those who love to entertain, The Empress offers both elegance and everyday comfort. Step inside to a welcoming living room that can double as a home office or sitting area. A powder room and formal dining room make hosting holidays easy and convenient. The open-concept great room flows seamlessly into the hearth room, creating the perfect space for gatherings. Add a sunroom off the nook for even more room to entertain. The well-appointed kitchen features abundant cabinetry, a pantry, and a nearby mudroom for e

$311,995

5 beds2.5 baths3,198 sq ft

Empress Plan, Trafalgar, IN 46181

Flexible floor plan • Living room • Powder room

Listing provided by Zillow

READY TO BUILD

$309,995

4 beds2.5 baths2,961 sq ft

Norway Plan, Trafalgar, IN 46181

Upstairs loft • Laundry room • Open kitchen

Listing provided by Zillow

READY TO BUILD

ABOUT THIS HOME
Homes for sale under $400k in Trafalgar, IN
The Cooper offers thoughtful design and flexible options to fit every lifestyle. From its spacious foyer and turned staircase to the open-concept first floor, this floorplan is both functional and inviting. Choose from multiple elevations - including an optional front porch - and enjoy a two-car garage with extra storage or convert that space into a first-floor bedroom and full bath. The open layout makes entertaining effortless. The great room is ideal for gatherings and can include a cozy fireplace, while the dining nook connects seamlessly to the kitchen. Home chefs will love the kitchen's versatility, featuring a large walk-in pantry, abundant cabinetry, and Arbor's largest H-frame isla

$307,995

4 beds2.5 baths2,813 sq ft

Cooper Plan, Trafalgar, IN 46181

Large foyer • Two car garage • Listed 189 days

Listing provided by Zillow

READY TO BUILD

ABOUT THIS HOME
Homes for sale under $400k in Trafalgar, IN
The Palmetto is one of Arbor Homes' newest and most flexible floorplans - offering everything you could want in a new construction home. With multiple elevation styles, optional basements, and the choice of a full front porch or breezeway, The Palmetto can easily be tailored to your lifestyle. Step inside to a spacious front living area that can serve as a formal dining room or quiet office with optional double doors. As you move through the home, you'll notice the open and inviting layout designed for both comfort and functionality. The chef-inspired kitchen features an L-shaped layout with a large island, walk-in pantry, and abundant cabinetry for storage. Enjoy meals in the café o

$296,995

4 beds2.5 baths2,580 sq ft

Palmetto Plan, Trafalgar, IN 46181

Full front porch • Breezeway • Chef's dream kitchen

Listing provided by Zillow

Property at 107 Elliott Ave, Trafalgar, IN 46181, 2 beds, 2 baths

$285,000

2 beds2 baths1,657 sq ft

107 Elliott Ave, Trafalgar, IN 46181

Property at Spruce Plan, Trafalgar, IN 46181, 4 beds, 2.5 baths

$284,995

4 beds2.5 baths2,343 sq ft

Spruce Plan, Trafalgar, IN 46181

Listing provided by Zillow

Property at Aspen II Plan, Trafalgar, IN 46181, 4 beds, 2.5 baths

$282,995

4 beds2.5 baths2,176 sq ft

Aspen II Plan, Trafalgar, IN 46181

Listing provided by Zillow

Property at Ironwood Plan, Trafalgar, IN 46181, 3 beds, 2.5 baths

$272,995

3 beds2.5 baths1,963 sq ft

Ironwood Plan, Trafalgar, IN 46181

Listing provided by Zillow

Property at Chestnut Plan, Trafalgar, IN 46181, 3 beds, 2 baths

$272,995

3 beds2 baths1,801 sq ft

Chestnut Plan, Trafalgar, IN 46181

Listing provided by Zillow

Property at Juniper Plan, Trafalgar, IN 46181, 3 beds, 2.5 baths

$261,995

3 beds2.5 baths1,760 sq ft

Juniper Plan, Trafalgar, IN 46181

Listing provided by Zillow

Property at Bradford Plan, Trafalgar, IN 46181, 3 beds, 2 baths

$257,995

3 beds2 baths1,613 sq ft

Bradford Plan, Trafalgar, IN 46181

Listing provided by Zillow

Property at Ashton Plan, Trafalgar, IN 46181, 3 beds, 2 baths

$245,995

3 beds2 baths1,354 sq ft

Ashton Plan, Trafalgar, IN 46181

Listing provided by Zillow

Property at Walnut Plan, Trafalgar, IN 46181, 3 beds, 2 baths

$237,995

3 beds2 baths1,228 sq ft

Walnut Plan, Trafalgar, IN 46181

Listing provided by Zillow

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ABOUT THIS HOME
Homes for sale under $400k in Trafalgar, IN
NEW PRICE on the "Copper-Topped" house on Prince's East Lake. Seller is willing to cover up to $8,000 in updates/repairs at closing. Adorable picket fenced yard greets you with massive open lake views. Sitting on the corner of East and North Lake dam, you see water all directions. This home features Mid-Century design from the vaulted wood ceilings, to the unique diamond design wood walls. This long time owner has brought it up-to-date over the years with many improvements including metal roof, enclosed sunroom, new furnace docks and decks galore. If you want to enjoy outdoor life at the lake, this is the place for you. The carport was enclosed for a garage but no door was install

$399,900

2 beds1.5 baths2,700 sq ft

409 W Lakeview Dr, Nineveh, IN 46164

Metal roof • Enclosed sunroom • 0.78 acre lot

3D WALKTHROUGH

ABOUT THIS HOME
Homes for sale under $400k in Trafalgar, IN
This 3-bedroom, 2.5-bath brick ranch in Morgantown, IN sits on 5 acres and is accessible via a private drive with only one entrance, providing added privacy. Priced below appraised value to allow for your personal updates. The property includes partial ownership and access to a 3.5-acre shared pond for kayaking, canoeing, fishing, or swimming. Inside, the home features cherry kitchen cabinets with stone countertops, a gas fireplace in the dining area, a recently renovated half bath off the laundry room, and an included washer and dryer (less than a year old) along with a five-year-old dishwasher. Recent updates include an HVAC system, windows, and doors all replaced within the last five yea

$399,900

3 beds2.5 baths3,044 sq ft

2289 Twinlake Dr, Morgantown, IN 46160

Shared pond • Stone countertops • Gas fireplace

3D WALKTHROUGH

ABOUT THIS HOME
Homes for sale under $400k in Trafalgar, IN
Cedar Cabin on Nearly 2 Acres in Beautiful Brown County Tucked away in the desirable Cordry/Sweetwater community, this charming cedar cabin offers lake rights to both Sweetwater and Cordry Lakes, plus access to beaches and scenic walking trails. With over 3,000 sq. ft. of finished living space, this home has room for everyone. The walk-out basement is currently set up as a home office but could easily be converted into an additional living area, game room, or hobby space. You'll find multiple bonus areas throughout the home, along with new LVP flooring upstairs, an open floor plan, and all bedrooms conveniently located on the main level. Enjoy peaceful wooded views from the deck off the ki

$384,900

3 beds2 baths3,000 sq ft

8157 Center Lake Rd, Nineveh, IN 46164

Access to beaches • Bonus areas • Wooded views

ABOUT THIS HOME
Homes for sale under $400k in Trafalgar, IN
Tucked away at 7322 Eagle DR, NINEVEH, IN, awaits a single-family residence that's not just READY to move in, but with the NEW Roof, NEW HVAC, New Flooring and Fresh Paint IS ready to be your Peaceful Retreat! This inviting home is ready for its close-up. Imagine waking up in your Private Ensuite bedroom and stepping outside to Enjoy All The Natural Beauty. Entertain Family and Friends in the Grande living room, where the High and Vaulted ceiling creates an Airy expanse, practically designed for impromptu dance-offs or simply basking in the glorious feeling of spaciousness and Natural Beauty! The kitchen is complete with Shaker Oak cabinets with Plenty of Space! The Dining Room provides acc

$364,900

3 beds2 baths1,619 sq ft

7322 Eagle Dr, Nineveh, IN 46164

Porch • Tile tub • New hvac

ABOUT THIS HOME
Homes for sale under $400k in Trafalgar, IN
An extraordinary opportunity awaits you at this beautiful brick ranch home with a walkout basement nestled in the picturesque community of Princes Lakes on almost 5 acres, with a buildable lot! The spacious main level primary bedroom has an en-suite bathroom, a walk-in closet, and an attached deck with breathtaking views. The living room is complete with an adjoined dining room and floor to ceiling picture windows. Your fully finished walkout basement is the perfect place for gathering and entertaining in the oversized family room with a cozy wood burning stove and gorgeous wood beams. The kitchenette/wet bar and additional bedroom could make for a great in-law quarters. Your outdoor oasis

$345,000

3 beds3 baths2,808 sq ft

585 Hinshaw Dr, Nineveh, IN 46164

Private deck • In-law suite setup • Sprawling 4.6 acres

ABOUT THIS HOME
Homes for sale under $400k in Trafalgar, IN
BACK ON MARKET TO DUE NO FAULT OF SELLER. This home is MOVE-IN READY with numerous updates including an updated roof and HVAC. The propane tank was filled on 1/20/2024. It also includes a fresh, neutral color palette with paint, updated hardware, faucets, modern lighting, updated flooring, and a beautifully finished basement. Step outside and experience your own oasis-a fenced in backyard with a fire pit, a large deck, and mature trees. For all your storage and parking needs, this home includes a two-car attached garage, an additional carport for your boat or additional car parking, and a spacious new storage shed, perfect for outdoor toys and equipment. Situated in Brown County between Swe

$344,900

3 beds2 baths1,600 sq ft

7887 Elk Dr, Nineveh, IN 46164

Large deck • Fenced in backyard • Finished basement

Property at 907 Ram Dr, Franklin, IN 46131, 4 beds, 2.5 baths

$340,000

4 beds2.5 baths2,353 sq ft

907 Ram Dr, Franklin, IN 46131

Property at Empress Plan, Franklin, IN 46131, 5 beds, 2.5 baths

$339,995

5 beds2.5 baths3,198 sq ft

Empress Plan, Franklin, IN 46131

Listing provided by Zillow

Property at Norway Plan, Franklin, IN 46131, 4 beds, 2.5 baths

$337,995

4 beds2.5 baths2,961 sq ft

Norway Plan, Franklin, IN 46131

Listing provided by Zillow

Property at Cooper Plan, Franklin, IN 46131, 4 beds, 2.5 baths

$331,995

4 beds2.5 baths2,813 sq ft

Cooper Plan, Franklin, IN 46131

Listing provided by Zillow

Property at 7817 Center Lake Rd, Nineveh, IN 46164, 3 beds, 2 baths

$330,000

3 beds2 baths1,800 sq ft

7817 Center Lake Rd, Nineveh, IN 46164

Property at 8460 S Green Dr, Nineveh, IN 46164, 2 beds, 2 baths

$329,995

2 beds2 baths1,700 sq ft

8460 S Green Dr, Nineveh, IN 46164

Property at 949 Borealis Dr, Franklin, IN 46131, 3 beds, 2 baths

$329,900

3 beds2 baths1,812 sq ft

949 Borealis Dr, Franklin, IN 46131

Property at 785 Shoreline Ct, Franklin, IN 46131, 4 beds, 2.5 baths

$325,000

4 beds2.5 baths2,224 sq ft

785 Shoreline Ct, Franklin, IN 46131

Property at 1009 Foxtail Dr, Franklin, IN 46131, 3 beds, 2.5 baths

$324,000

3 beds2.5 baths1,842 sq ft

1009 Foxtail Dr, Franklin, IN 46131

Property at Palmetto Plan, Franklin, IN 46131, 4 beds, 2.5 baths

$319,995

4 beds2.5 baths2,580 sq ft

Palmetto Plan, Franklin, IN 46131

Listing provided by Zillow

Property at 202 W Lakeview Dr, Nineveh, IN 46164, 3 beds, 2 baths

$315,000

3 beds2 baths1,560 sq ft

202 W Lakeview Dr, Nineveh, IN 46164

Property at Spruce Plan, Franklin, IN 46131, 4 beds, 2.5 baths

$304,995

4 beds2.5 baths2,343 sq ft

Spruce Plan, Franklin, IN 46131

Listing provided by Zillow

Property at Aspen II Plan, Franklin, IN 46131, 4 beds, 2.5 baths

$302,995

4 beds2.5 baths2,176 sq ft

Aspen II Plan, Franklin, IN 46131

Listing provided by Zillow

Property at 317 W State Road 44, Franklin, IN 46131, 5 beds, 2 baths

$299,000

5 beds2 baths4,354 sq ft

317 W State Road 44, Franklin, IN 46131

Based on information submitted to the MLS GRID as of Sat Nov 29 2025. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Homes for sale under $400k in Trafalgar

There are currently 14 homes for sale under $400k in Trafalgar. Some of these homes are "Hot Homes," meaning they're likely to sell quickly. Most homes for sale in Trafalgar stay on the market for 47 days and receive 1 offers. This map is refreshed with the newest listings in Trafalgar every 15 minutes.

In the past month, 4 homes have been sold in Trafalgar. In addition to houses in Trafalgar, there were also 0 condos, 1 townhouse, and 0 multi-family units for sale in Trafalgar last month. Find your dream home in Trafalgar 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 Trafalgar are local experts and are ready to answer your questions about properties, neighborhoods, schools, and the newest listings for sale in Trafalgar. Our Trafalgar real estate stats and trends will give you more information about home buying and selling trends in Trafalgar. If you're looking to sell your home in the Trafalgar area, our listing agents can help you get the best price. Redfin is redefining real estate and the home buying process in Trafalgar with industry-leading technology, full-service agents, and lower fees that provide a better value for Redfin buyers and sellers.

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