Cheap homes for sale & real estate in Indianapolis, IN

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NEW 1 HR AGO

ABOUT THIS HOME
Cheap Home for sale in Indianapolis, IN:
Priced to Sell! Fully renovated 3-bedroom, 2-bath bungalow featuring modern finishes, marble-tiled bathrooms, a flexible bonus room, and a spacious backyard with endless potential. Major updates include a new roof, siding, windows, HVAC, plumbing, electrical, flooring, and more. Currently tenant-occupied with a month-to-month lease, offering flexibility for investors or future owner-occupants. Don't miss this opportunity!

$190,000

3 beds2 baths2,127 sq ft

2127 Sugar Grove Ave, Indianapolis, IN 46202

Fully renovated • Spacious backyard • New siding

EARLY ACCESSREDFIN COMING SOON

$425,000

5 beds3 baths3,098 sq ft

10826 Gates Creek Dr, Indianapolis, IN 46239

LISTED BY REDFIN3D WALKTHROUGH

ABOUT THIS HOME
Cheap Home for sale in Indianapolis, IN:
Welcome home to 4147 Bowman Avenue! This charming home offers a wonderful blend of recent interior upgrades, cozy living, and a convenient location! Whether you're a first-time homebuyer, a growing family, a student, or an investor, this home offers a great opportunity to make a place of your own. Enjoy the refreshed interior and comfortable feel, with plenty of potential to add your own personal touches over time. Located just minutes from the University of Indianapolis and approximately 6 miles from downtown Indianapolis, you'll love having campus, city attractions, dining, and entertainment within easy reach. If you're looking for an affordable, charming place to call home with a great l

$185,000

3 beds1.5 baths1,034 sq ft

4147 Bowman Ave, Indianapolis, IN 46227

Convenient location • 5,401 sq ft lot • 2 garage spots

LISTED BY REDFIN3D WALKTHROUGH

ABOUT THIS HOME
Cheap Home for sale in Indianapolis, IN:
Move-in ready and ideally located just a short walk from the University of Indianapolis, this beautifully updated home offers comfort, convenience, and peace of mind. Inside, you'll find a welcoming living and dining area, an updated kitchen and bathroom, three cozy bedrooms, new LVP flooring, and fresh paint throughout. Major improvements made between 2021 and 2024 include crawlspace waterproofing, HVAC, roof, windows, siding, a 1-year-old tankless water heater, a new water softener, and new gutter downspouts that are buried. The fully fenced backyard features a new patio, a mini barn, a fire pit, and fresh gravel parking. Garfield Park, Fountain Square, and downtown Indianapolis favorites

$210,000

3 beds1 bath960 sq ft

3867 Asbury St, Indianapolis, IN 46227

New patio • Updated kitchen • New lvp flooring

NEW 59 MINS AGO

ABOUT THIS HOME
Cheap Home for sale in Indianapolis, IN:
Welcome home to this sprawling 3 bedroom, 2 full bath mid-century modern ranch with a loft, tucked away on a gorgeous wooded lot in highly coveted Hillcrest Acres, a neighborhood treasured for its distinctive mid-century architecture, beautiful mature trees, and natural surroundings. Nestled on a quiet cul-de-sac at the rear of the subdivision, this home presents a rare opportunity to own a truly special home in an equally as special setting! Bursting with character, charm, and thoughtful updates throughout, this one-of-a-kind home offers a spacious and versatile floorplan with THREE separate living areas! Step inside through the enclosed front foyer/mudroom and then into the spacious forma

$310,000

3 beds2 baths2,324 sq ft

6802 Hillcrest Ct, Indianapolis, IN 46227

Quiet cul-de-sac • Gorgeous wooded lot • 0.6 acre lot

Property at 7328 Red Rock, Indianapolis, IN 46236, 3 beds, 2 baths

$285,000

3 beds2 baths1,392 sq ft

7328 Red Rock, Indianapolis, IN 46236

Property at 1404 Mahony Ct, Indianapolis, IN 46217, 3 beds, 2 baths

$319,900

3 beds2 baths1,811 sq ft

1404 Mahony Ct, Indianapolis, IN 46217

Property at 1360 N Dearborn St, Indianapolis, IN 46201, 3 beds, 2 baths

$295,000

3 beds2 baths3,400 sq ft

1360 N Dearborn St, Indianapolis, IN 46201

Property at 6341 Falcon Pointe Ln, Indianapolis, IN 46237, 3 beds, 2 baths

$289,000

3 beds2 baths2,255 sq ft

6341 Falcon Pointe Ln, Indianapolis, IN 46237

Property at 3412 E 25th St, Indianapolis, IN 46218, 3 beds, 2 baths

$240,000

3 beds2 baths1,476 sq ft

3412 E 25th St, Indianapolis, IN 46218

Property at 11238 E Birdsong Pl, Indianapolis, IN 46229, 4 beds, 3.5 baths

$239,900

4 beds3.5 baths3,136 sq ft

11238 E Birdsong Pl, Indianapolis, IN 46229

Property at 2465 Bond St, Indianapolis, IN 46208, 3 beds, 1 bath

$95,900

3 beds1 bath1,946 sq ft

2465 Bond St, Indianapolis, IN 46208

Property at 8417 Whitaker Valley Blvd, Indianapolis, IN 46237, 4 beds, 2.5 baths

$325,000

4 beds2.5 baths2,300 sq ft

8417 Whitaker Valley Blvd, Indianapolis, IN 46237

Property at 1151 Canterbury Ct Unit B, Indianapolis, IN 46260, 2 beds, 1 bath

$155,000

2 beds1 bath996 sq ft

1151 Canterbury Ct Unit B, Indianapolis, IN 46260

Property at 3722 Remington Dr, Indianapolis, IN 46227, 3 beds, 1 bath

$204,000

3 beds1 bath1,067 sq ft

3722 Remington Dr, Indianapolis, IN 46227

Property at 1014 S Roena St, Indianapolis, IN 46241, 3 beds, 1.5 baths

$160,000

3 beds1.5 baths1,050 sq ft

1014 S Roena St, Indianapolis, IN 46241

Property at 11915 Newcastle Dr, Indianapolis, IN 46235, 3 beds, 2.5 baths

$275,000

3 beds2.5 baths2,080 sq ft

11915 Newcastle Dr, Indianapolis, IN 46235

Property at 6330 E Raymond St, Indianapolis, IN 46203, 4 beds, 1 bath

$189,999

4 beds1 bath1,562 sq ft

6330 E Raymond St, Indianapolis, IN 46203

Property at 5708 N Tacoma Ave, Indianapolis, IN 46220, 4 beds, 1 bath

$300,000

4 beds1 bath1,342 sq ft

5708 N Tacoma Ave, Indianapolis, IN 46220

Property at 2915 Villa Ave, Indianapolis, IN 46203, 3 beds, 1 bath

$45,000

3 beds1 bath1,135 sq ft

2915 Villa Ave, Indianapolis, IN 46203

Property at 4013 Ivory Way, Indianapolis, IN 46237, 3 beds, 2 baths

$255,000

3 beds2 baths2,412 sq ft

4013 Ivory Way, Indianapolis, IN 46237

Property at 1651 Desoto Ln, Indianapolis, IN 46224, 3 beds, 1 bath

$249,000

3 beds1 bath2,352 sq ft

1651 Desoto Ln, Indianapolis, IN 46224

Property at 252 W Beverly Dr, Indianapolis, IN 46208, 3 beds, 2.5 baths

$425,000

3 beds2.5 baths2,336 sq ft

252 W Beverly Dr, Indianapolis, IN 46208

Property at 4805 Winthrop Ave, Indianapolis, IN 46205, 3 beds, 1 bath

$270,000

3 beds1 bath1,752 sq ft

4805 Winthrop Ave, Indianapolis, IN 46205

Property at 7214 N Tuxedo St, Indianapolis, IN 46240, 3 beds, 2 baths

$325,000

3 beds2 baths1,878 sq ft

7214 N Tuxedo St, Indianapolis, IN 46240

Property at 4602 N Ritter Ave, Indianapolis, IN 46226, 3 beds, 1.5 baths

$205,000

3 beds1.5 baths2,944 sq ft

4602 N Ritter Ave, Indianapolis, IN 46226

Property at 7555 S Haven Ct, Indianapolis, IN 46217, 3 beds, 2 baths

$94,700

3 beds2 baths1,200 sq ft

7555 S Haven Ct, Indianapolis, IN 46217

Property at 1630 W 76th Pl, Indianapolis, IN 46260, 3 beds, 2 baths

$200,000

3 beds2 baths1,302 sq ft

1630 W 76th Pl, Indianapolis, IN 46260

Property at 6041 Indianola Ave, Indianapolis, IN 46220, 3 beds, 2 baths

$409,000

3 beds2 baths2,174 sq ft

6041 Indianola Ave, Indianapolis, IN 46220

Property at 5864 Haverford Ave, Indianapolis, IN 46220, 2 beds, 1 bath

$150,000

2 beds1 bath1,512 sq ft

5864 Haverford Ave, Indianapolis, IN 46220

Property at 2011 Roosevelt Ave, Indianapolis, IN 46218, 3 beds, 2 baths

$269,900

3 beds2 baths2,340 sq ft

2011 Roosevelt Ave, Indianapolis, IN 46218

Property at 6225 Vancouver Ct, Indianapolis, IN 46236, 5 beds, 2.5 baths

$349,900

5 beds2.5 baths4,336 sq ft

6225 Vancouver Ct, Indianapolis, IN 46236

Property at 2356 W 58th St, Indianapolis, IN 46228, 3 beds, 2 baths

$225,000

3 beds2 baths1,536 sq ft

2356 W 58th St, Indianapolis, IN 46228

Property at 2910 Meredith Ave, Indianapolis, IN 46201, 4 beds, 2.5 baths

$109,900

4 beds2.5 baths1,712 sq ft

2910 Meredith Ave, Indianapolis, IN 46201

Property at 7275 Monon Ct, Indianapolis, IN 46256, 3 beds, 2.5 baths

$299,900

3 beds2.5 baths2,568 sq ft

7275 Monon Ct, Indianapolis, IN 46256

Property at 8633 Fox Ridge Ln, Indianapolis, IN 46256, 4 beds, 2.5 baths

$375,000

4 beds2.5 baths3,085 sq ft

8633 Fox Ridge Ln, Indianapolis, IN 46256

Property at 10649 Wiley Ln, Indianapolis, IN 46231, 6 beds, 2.5 baths

$395,000

6 beds2.5 baths3,958 sq ft

10649 Wiley Ln, Indianapolis, IN 46231

Property at 6445 Central Ave, Indianapolis, IN 46220, 2 beds, 2 baths

$450,000

2 beds2 baths1,890 sq ft

6445 Central Ave, Indianapolis, IN 46220

Property at 4620 Wyandott Trl, Indianapolis, IN 46250, 3 beds, 2 baths

$365,000

3 beds2 baths1,598 sq ft

4620 Wyandott Trl, Indianapolis, IN 46250

Property at 1411 Keensburg Ct, Indianapolis, IN 46228, 4 beds, 2.5 baths

$366,000

4 beds2.5 baths2,712 sq ft

1411 Keensburg Ct, Indianapolis, IN 46228

Property at 940 N Chester Ave, Indianapolis, IN 46201, 3 beds, 2 baths

$209,900

3 beds2 baths2,812 sq ft

940 N Chester Ave, Indianapolis, IN 46201

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Based on information submitted to the MLS GRID as of Sun Oct 18 2026. 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 Homes for Sale in Indianapolis

There are currently 4021 cheap homes for sale in Indianapolis at a median listing price of $250K. 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 62 days and receive 2 offers. Popular neighborhoods include Downtown Indianapolis, Broad Ripple, Meridian Kessler, Irvington, and Butler-Tarkington. This map is refreshed with the newest listings in Indianapolis every 15 minutes.

In the past month, 939 homes have been sold in Indianapolis. In addition to houses in Indianapolis, there were also 489 condos, 59 townhouses, and 247 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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