Cheap Condos for Sale in Indianapolis, IN

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ABOUT THIS HOME
Cheap Condos for Sale in Indianapolis, IN
Live in a piece of Indy history at The Shelton, a 1925 landmark by developer F. Rolland Buck and Foster Engineering-whose Charles B. Foster collaborated with Frank Lloyd Wright. That heritage shows in the building's signature cascading ceilings and forward-thinking "unit slab" construction that's stood the test of time. Inside this 2 bed, 2 bath, 932-sq-ft home, you'll appreciate the easy, open flow to a private balcony, every window overlooks the Indianapolis skyline, an all-electric setup with a 2025 water heater, plus thoughtful storage. The community here is a standout-secure entry, elevator access, and a shared rooftop deck with skyline views where neighbors actually mingle.

$239,900

2 beds2 baths932 sq ft

825 N Delaware St Unit 3C, Indianapolis, IN 46204

Indianapolis skyline • Secure entry • Private balcony

ABOUT THIS HOME
Cheap Condos for Sale in Indianapolis, IN
Welcome to The Packard in the heart of downtown Indianapolis! This 2-bedroom, 3-bath condo offers a rare blend of charm, convenience, and modern updates-all just steps from everything downtown has to offer. The 2-story layout includes thoughtful details throughout: elegant wrought iron railings, crown molding, hardwood flooring, and a cozy gas fireplace with built-in shelving. Recent updates include fresh paint, a stylish new backsplash, updated half-bath flooring, and completely redone stairs. A new water heater and not one but two wine refrigerators add even more value. With four private balconies and access to a private courtyard, you'll have plenty of space to relax outdoors. Two garage

$374,000

2 beds2.5 baths1,536 sq ft

450 E Ohio St #321, Indianapolis, IN 46204

Hardwood flooring • Gas fireplace • Crown molding

ABOUT THIS HOME
Cheap Condos for Sale in Indianapolis, IN
Looking for low-maintenance living in the heart of Broad Ripple? Your search ends here! Located in The Reserve, this beautifully maintained two-bedroom, one-bath condo features hardwood floors through the main level, updated light fixtures, and elegant crown molding in the living/dining area. The open floor plan is perfect for entertaining, and the main level laundry adds convenience to your daily routine. The french doors provide natural light and open to views of the serene pond. You'll also appreciate the lower-level area, ideal for storage or transforming into a workout room. Enjoy a one minute walk to the Monon Trail from the walking path, leading you to local shops, restaurants, art,

$265,000

2 beds1 bath1,231 sq ft

6590 Reserve Dr, Indianapolis, IN 46220

Open floor plan • French doors • Serene pond

ABOUT THIS HOME
Cheap Condos for Sale in Indianapolis, IN
Welcome home to this renovated condo that you are sure to fall in Love with. This Condo offers a grate first impression when walking in. From a beautiful updated kitchen with new stainless appliances including gas range, raised ceiling with awesome wood treatment, new backsplash, countertops, new hardware and farmhouse sink with brand new black matte finishes. The home boasts new paint, vinyl plank flooring, new light fixtures throughout. Bathrooms are nice and bright with new vanities, fixtures and gorgeous tile. This one is ready for you to make your own. This unit and end unit furthest from the entrance, providing all of the privacy you could ask for . Completely low maintenance and rea

$230,000

2 beds2.5 baths1,536 sq ft

8001 W Valley Farm Ln W, Indianapolis, IN 46214

Raised ceiling • Wood treatment • Updated kitchen

ABOUT THIS HOME
Cheap Condos for Sale in Indianapolis, IN
Welcome to Cobblestone at Eagle Creek! This charming 2-bedroom, 1.5-bath end-unit townhome offers a perfect blend of comfort, style, and convenience in one of Indianapolis' most tranquil communities. Step inside to a light-filled great room featuring a dramatic floor-to-ceiling stone fireplace, soaring ceilings, and walls of windows that bring the outdoors in, giving you the feeling of living in your very own treehouse retreat. The open-concept design flows seamlessly into the dining and kitchen areas, where you'll find space for everyday living or entertaining. Enjoy your morning coffee or evening unwind on the private back deck, steps from the neighborhood pool. A washer and dryer are inc

$215,000

2 beds1.5 baths1,211 sq ft

4624 Stansbury Ln, Indianapolis, IN 46254

End unit townhome • Private back deck • Unique architecture

Property at 230 E 9th St #611, Indianapolis, IN 46204, 1 bed, 1 bath

$122,900

1 bed1 bath500 sq ft

230 E 9th St #611, Indianapolis, IN 46204

Property at 8354 Glenwillow Ln #205, Indianapolis, IN 46278, 2 beds, 2 baths

$189,900

2 beds2 baths1,072 sq ft

8354 Glenwillow Ln #205, Indianapolis, IN 46278

Property at 1005 Buffalo Run Way, Indianapolis, IN 46227, 3 beds, 2 baths

$173,900

3 beds2 baths1,379 sq ft

1005 Buffalo Run Way, Indianapolis, IN 46227

Property at 6510 Jade Stream Ct #208, Indianapolis, IN 46237, 2 beds, 2 baths

$175,000

2 beds2 baths1,569 sq ft

6510 Jade Stream Ct #208, Indianapolis, IN 46237

Property at 6519 Jade Stream Ct #310, Indianapolis, IN 46237, 2 beds, 2 baths

$165,000

2 beds2 baths1,124 sq ft

6519 Jade Stream Ct #310, Indianapolis, IN 46237

Property at 7135 Bay Point Ct, Indianapolis, IN 46214, 2 beds, 1.5 baths

$179,900

2 beds1.5 baths1,100 sq ft

7135 Bay Point Ct, Indianapolis, IN 46214

Property at 1113 Canterbury Sq S, Indianapolis, IN 46260, 3 beds, 2.5 baths

$165,000

3 beds2.5 baths1,776 sq ft

1113 Canterbury Sq S, Indianapolis, IN 46260

Property at 5228 Greenwillow Rd, Indianapolis, IN 46226, 2 beds, 3 baths

$255,000

2 beds3 baths1,926 sq ft

5228 Greenwillow Rd, Indianapolis, IN 46226

Property at 8410 Glenwillow Ln #205, Indianapolis, IN 46278, 2 beds, 2 baths

$185,000

2 beds2 baths1,072 sq ft

8410 Glenwillow Ln #205, Indianapolis, IN 46278

Property at 6212 Bishops Pond Ln, Indianapolis, IN 46268, 3 beds, 2.5 baths

$217,900

3 beds2.5 baths1,829 sq ft

6212 Bishops Pond Ln, Indianapolis, IN 46268

Property at 4106 Eagle Cove Dr W, Indianapolis, IN 46254, 2 beds, 1.5 baths

$215,000

2 beds1.5 baths1,172 sq ft

4106 Eagle Cove Dr W, Indianapolis, IN 46254

Property at 1018 Reserve Way, Indianapolis, IN 46220, 2 beds, 1 bath

$275,000

2 beds1 bath1,231 sq ft

1018 Reserve Way, Indianapolis, IN 46220

Property at 10057 Dedham Dr, Indianapolis, IN 46229, 2 beds, 1.5 baths

$90,000

2 beds1.5 baths905 sq ft

10057 Dedham Dr, Indianapolis, IN 46229

Property at 3082 Wildcat Ln, Indianapolis, IN 46203, 2 beds, 1.5 baths

$154,900

2 beds1.5 baths1,206 sq ft

3082 Wildcat Ln, Indianapolis, IN 46203

Property at 7508 Farm View Cir W, Indianapolis, IN 46256, 1 bed, 1.5 baths

$196,900

1 bed1.5 baths1,582 sq ft

7508 Farm View Cir W, Indianapolis, IN 46256

Property at 6407 Friendship Cir #15, Indianapolis, IN 46268, 1 bed, 1 bath

$100,000

1 bed1 bath1,132 sq ft

6407 Friendship Cir #15, Indianapolis, IN 46268

Property at 877 N East St Unit 401-A, Indianapolis, IN 46202, 1 bed, 1 bath

$412,000

1 bed1 bath949 sq ft

877 N East St Unit 401-A, Indianapolis, IN 46202

Property at 2161 N Meridian St #4, Indianapolis, IN 46202, 3 beds, 2 baths

$230,000

3 beds2 baths1,592 sq ft

2161 N Meridian St #4, Indianapolis, IN 46202

Property at 8690 Jaffa Ct Dr W #17, Indianapolis, IN 46260, 2 beds, 2 baths

$234,900

2 beds2 baths1,710 sq ft

8690 Jaffa Ct Dr W #17, Indianapolis, IN 46260

Property at 2866 Punto Alto Ct, Indianapolis, IN 46227, 2 beds, 1.5 baths

$88,500

2 beds1.5 baths966 sq ft

2866 Punto Alto Ct, Indianapolis, IN 46227

Property at 7622 Castleton Farms Dr W, Indianapolis, IN 46256, 3 beds, 2 baths

$210,000

3 beds2 baths2,124 sq ft

7622 Castleton Farms Dr W, Indianapolis, IN 46256

Property at 9263 Spring Forest Dr #7, Indianapolis, IN 46260, 2 beds, 2 baths

$329,900

2 beds2 baths1,773 sq ft

9263 Spring Forest Dr #7, Indianapolis, IN 46260

Property at 8416 Del Prado Ct, Indianapolis, IN 46227, 2 beds, 1 bath

$89,900

2 beds1 bath968 sq ft

8416 Del Prado Ct, Indianapolis, IN 46227

Property at 5821 Cool Hollow Way, Indianapolis, IN 46237, 3 beds, 2.5 baths

$310,000

3 beds2.5 baths1,983 sq ft

5821 Cool Hollow Way, Indianapolis, IN 46237

Property at 6417 Park Central Dr W Unit D, Indianapolis, IN 46260, 2 beds, 2 baths

$105,000

2 beds2 baths1,485 sq ft

6417 Park Central Dr W Unit D, Indianapolis, IN 46260

Property at 4740 Pennington Ct, Indianapolis, IN 46254, 2 beds, 2.5 baths

$232,000

2 beds2.5 baths1,549 sq ft

4740 Pennington Ct, Indianapolis, IN 46254

Property at 8155 River Mist Ln, Indianapolis, IN 46237, 2 beds, 2.5 baths

$179,000

2 beds2.5 baths1,216 sq ft

8155 River Mist Ln, Indianapolis, IN 46237

Property at 315 E St Clair St, Indianapolis, IN 46202, 2 beds, 1.5 baths

$365,000

2 beds1.5 baths1,120 sq ft

315 E St Clair St, Indianapolis, IN 46202

Property at 824 N Lasalle St, Indianapolis, IN 46201, 2 beds, 1 bath

$99,900

2 beds1 bath1,428 sq ft

824 N Lasalle St, Indianapolis, IN 46201

Property at 822 N Lasalle St, Indianapolis, IN 46201, 2 beds, 1 bath

$99,900

2 beds1 bath1,428 sq ft

822 N Lasalle St, Indianapolis, IN 46201

Property at 3965 N Meridian St Unit 3G, Indianapolis, IN 46208, 1 bed, 1 bath

$120,000

1 bed1 bath941 sq ft

3965 N Meridian St Unit 3G, Indianapolis, IN 46208

Property at 430 N Park Ave #104, Indianapolis, IN 46202, 2 beds, 2 baths

$375,000

2 beds2 baths1,462 sq ft

430 N Park Ave #104, Indianapolis, IN 46202

Property at 11332 Fonthill Dr, Indianapolis, IN 46236, 2 beds, 2.5 baths

$274,000

2 beds2.5 baths1,540 sq ft

11332 Fonthill Dr, Indianapolis, IN 46236

Property at 7259 Registry Dr, Indianapolis, IN 46217, 2 beds, 2 baths

$212,500

2 beds2 baths1,113 sq ft

7259 Registry Dr, Indianapolis, IN 46217

Property at 8176 Shorewalk Dr Unit C, Indianapolis, IN 46236, 1 bed, 1 bath

$165,000

1 bed1 bath876 sq ft

8176 Shorewalk Dr Unit C, Indianapolis, IN 46236

Property at 2247 Frisco Pl, Indianapolis, IN 46240, 2 beds, 2.5 baths

$282,000

2 beds2.5 baths2,140 sq ft

2247 Frisco Pl, Indianapolis, IN 46240

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Based on information submitted to the MLS GRID as of Mon Dec 22 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.

Cheap Condos for Sale in Indianapolis

There are currently 234 cheap condos for sale in Indianapolis at a median listing price of $206K. Some of these homes are "Hot Homes," meaning they're likely to sell quickly. Most homes for sale in Indianapolis stay on the market for 73 days and receive 1 offers. Popular neighborhoods include Lanikai Beach, Fountain Square, Broad Ripple, Meridian Kessler, and Irvington. This map is refreshed with the newest listings in Indianapolis every 15 minutes.

In the past month, 787 homes have been sold in Indianapolis. In addition to houses in Indianapolis, there were also 408 condos, 59 townhouses, and 218 multi-family units for sale in Indianapolis last month. Indianapolis is a minimally walkable city in Marion County with a Walk Score of 31. Indianapolis is home to approximately 819,398 people and 550,184 jobs. Find your dream home in Indianapolis 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 Indianapolis are local experts and are ready to answer your questions about properties, neighborhoods, schools, and the newest listings for sale in Indianapolis. Our Indianapolis real estate stats and trends will give you more information about home buying and selling trends in Indianapolis. If you're looking to sell your home in the Indianapolis area, our listing agents can help you get the best price. Redfin is redefining real estate and the home buying process in Indianapolis with industry-leading technology, full-service agents, and lower fees that provide a better value for Redfin buyers and sellers.

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