Cheap homes for sale & real estate in Indianapolis, IN

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ABOUT THIS HOME
Cheap Home for sale in Indianapolis, IN:
AUCTION - SATURDAY, NOVEMBER 21ST AT 10:00 A. M. ! RARE OPPORTUNITY IN HIGHLY DESIRABLE WINDERMERE HEIGHTS! Properties offering this combination of location, acreage, character, and renovation potential rarely become available! Situated on a breathtaking 1.39-acre lot surrounded by mature trees and beautiful landscaping, this expansive 5-bedroom, 3-full-bath residence offers an extraordinary opportunity to create a truly spectacular forever home. The picturesque, park-like setting provides a remarkable backdrop for transforming this property into one of Washington Township's most distinctive residences. Features include a 2-car attached garage, additional 1-car detached garage, screened-in

$200,000

5 beds3 baths4,769 sq ft

4785 E 65th St, Indianapolis, IN 46220

Screened-in porch • 1.39-acre lot • Indoor lap pool

LISTED BY REDFIN3D WALKTHROUGH

ABOUT THIS HOME
Cheap Home for sale in Indianapolis, IN:
Welcome to 10826 Gates Creek Dr in Indianapolis! Built in 2025, this beautiful Craftsman-style home offers 5 bedrooms and 3.5 bathrooms with a thoughtfully designed layout. The open-concept main level seamlessly connects the kitchen, dining, and living areas, creating an inviting space for everyday living and entertaining. The kitchen features a large center island, ample cabinetry, and a pantry for added convenience. A first-floor bedroom suite and separate home office provide flexibility for guests, multigenerational living, or working from home. Upstairs, the spacious primary suite features a private bathroom and walk-in closet, along with three additional bedrooms and a family room perf

$425,000

5 beds3.5 baths3,042 sq ft

10826 Gates Creek Dr, Indianapolis, IN 46239

3 garage spots • Built 2025 • Listed 5 days

LISTED BY REDFIN3D WALKTHROUGH

ABOUT THIS HOME
Cheap Home for sale in Indianapolis, IN:
Charming & Low-Maintenance Condo in Desirable Northside Location! Welcome home to this spacious, beautifully updated 3-bedroom, 2.5-bath condo offering approximately 1,406 sq. ft. of comfortable, move-in-ready living space. Designed with both style and functionality in mind, this home features a thoughtful layout, generous room sizes, and abundant natural light enhanced by modern automatic blind closures. At the heart of the home, the fully equipped kitchen boasts custom cabinets, rich granite countertops, and a quiet, high-end Bosch dishwasher. Both the primary bathroom and the second full bathroom have been tastefully updated, providing a crisp, modern feel. Major big-ticket improv

$219,900

3 beds2.5 baths1,406 sq ft

9514 Maple Way, Indianapolis, IN 46268

Custom cabinets • Granite countertops • $308 HOA

ABOUT THIS HOME
Cheap Home for sale in Indianapolis, IN:
Welcome to 8131 Alamosa Dr in Indianapolis, IN. Built in 1998, this two-story traditional single-family residence encompasses 2,046 square feet of living space. This property balances classic architecture with a functional layout designed for modern living. The interior layout spans two levels, providing three bedrooms that offer comfortable, private retreats and a loft that could be converted to a 4th bedroom. The home is equipped with two full bathrooms and one additional half bathroom, ensuring convenience for residents and guests alike. The exterior of this home features a welcoming porch. The property sits on a lot spanning 10,149 square feet, providing a generous footprint that comple

$275,000

3 beds2.5 baths2,046 sq ft

8131 Alamosa Dr, Indianapolis, IN 46236

Functional layout • Welcoming porch • 0.23 acre lot

NEW 11 HRS AGOVIDEO TOUR

ABOUT THIS HOME
Cheap Home for sale in Indianapolis, IN:
Welcome to 2931 N Centennial Street, Indianapolis, IN. This home is located 1 block from a bus line, local grocery store, a big box pharmacy and Centennial & Groff Park, 3 blocks from Cardinal Ritter High School, within a 5 minute drive to Riverside Golf Course and Park, Marion College, Purdue and Indiana Universities and a 10 minutes drive to the Indianapolis Motor Speedway, VA Medical Center, Eskenazi Hospital and Downtown Indianapolis. Enjoy a low-stress, time-saving commute with immediate access to public transit. This charming single-family residence captures the enduring appeal of ranch-style architecture. Offering 1,266 square feet of living space, this inviting home has been t

$257,000

3 beds1.5 baths2,532 sq ft

2931 N Centennial St, Indianapolis, IN 46222

Full basement • Private yard • Single story layout

Property at 1137 W 34th St, Indianapolis, IN 46208, 2 beds, 2 baths

$149,900

2 beds2 baths1,872 sq ft

1137 W 34th St, Indianapolis, IN 46208

Property at 4332 Raintree Rd, Indianapolis, IN 46234, 3 beds, 2.5 baths

$305,000

3 beds2.5 baths3,132 sq ft

4332 Raintree Rd, Indianapolis, IN 46234

Property at 8136 Lawrence Woods, Indianapolis, IN 46236, 4 beds, 2.5 baths

$360,000

4 beds2.5 baths2,937 sq ft

8136 Lawrence Woods, Indianapolis, IN 46236

Property at 732 Ingomar St, Indianapolis, IN 46241, 1 bed, 1 bath

$99,900

1 bed1 bath560 sq ft

732 Ingomar St, Indianapolis, IN 46241

Property at 506 E Vermont St, Indianapolis, IN 46202, 2 beds, 2 baths

$389,900

2 beds2 baths1,938 sq ft

506 E Vermont St, Indianapolis, IN 46202

Property at 7416 Radburn Cir, Indianapolis, IN 46214, 4 beds, 3 baths

$245,000

4 beds3 baths2,191 sq ft

7416 Radburn Cir, Indianapolis, IN 46214

Property at 1134 Saint Paul St, Indianapolis, IN 46203, 4 beds, 3.5 baths

$369,000

4 beds3.5 baths2,870 sq ft

1134 Saint Paul St, Indianapolis, IN 46203

Property at 9319 Aspen Glen Dr, Indianapolis, IN 46239, 6 beds, 4 baths

$405,000

6 beds4 baths2,787 sq ft

9319 Aspen Glen Dr, Indianapolis, IN 46239

Property at 506 Buffalo Ridge Ct, Indianapolis, IN 46227, 4 beds, 2.5 baths

$299,000

4 beds2.5 baths1,964 sq ft

506 Buffalo Ridge Ct, Indianapolis, IN 46227

Property at 426 Leeds Ave, Indianapolis, IN 46201, 3 beds, 2 baths

$190,000

3 beds2 baths924 sq ft

426 Leeds Ave, Indianapolis, IN 46201

Property at 2407 N Kenyon St, Indianapolis, IN 46219, 3 beds, 1 bath

$129,000

3 beds1 bath1,000 sq ft

2407 N Kenyon St, Indianapolis, IN 46219

Property at 11615 Crestwood Ct, Indianapolis, IN 46239, 3 beds, 2 baths

$250,000

3 beds2 baths1,815 sq ft

11615 Crestwood Ct, Indianapolis, IN 46239

Property at 3614 Guilford Ave, Indianapolis, IN 46205, 3 beds, 1.5 baths

$324,900

3 beds1.5 baths2,688 sq ft

3614 Guilford Ave, Indianapolis, IN 46205

Property at 14 N Gray St, Indianapolis, IN 46201, 5 beds, 2 baths

$239,000

5 beds2 baths2,621 sq ft

14 N Gray St, Indianapolis, IN 46201

Property at 5519 Rosslyn, Indianapolis, IN 46220, 3 beds, 2 baths

$295,000

3 beds2 baths2,814 sq ft

5519 Rosslyn, Indianapolis, IN 46220

Property at 4057 Broadway St, Indianapolis, IN 46205, 3 beds, 2 baths

$420,000

3 beds2 baths2,594 sq ft

4057 Broadway St, Indianapolis, IN 46205

Property at 5333 Guilford Ave, Indianapolis, IN 46220, 3 beds, 2 baths

$419,900

3 beds2 baths2,363 sq ft

5333 Guilford Ave, Indianapolis, IN 46220

Property at 1207 N Riley, Indianapolis, IN 46201, 2 beds, 1 bath

$150,000

2 beds1 bath2,210 sq ft

1207 N Riley, Indianapolis, IN 46201

Property at 10485 Jessup Blvd, Carmel, IN 46280, 4 beds, 3.5 baths

$450,000

4 beds3.5 baths2,360 sq ft

10485 Jessup Blvd, Carmel, IN 46280

Property at 5880 Kingsley Dr, Indianapolis, IN 46220, 4 beds, 2 baths

$395,000

4 beds2 baths2,278 sq ft

5880 Kingsley Dr, Indianapolis, IN 46220

Property at 3956 Boulevard Pl, Indianapolis, IN 46208, 4 beds, 2 baths

$125,000

4 beds2 baths3,308 sq ft

3956 Boulevard Pl, Indianapolis, IN 46208

Property at 2621 N Chester Ave, Indianapolis, IN 46218, 3 beds, 1 bath

$59,900

3 beds1 bath884 sq ft

2621 N Chester Ave, Indianapolis, IN 46218

Property at 4620 S Senate Ave, Indianapolis, IN 46217, 3 beds, 2.5 baths

$285,000

3 beds2.5 baths3,798 sq ft

4620 S Senate Ave, Indianapolis, IN 46217

Property at 2153 N Dequincy St, Indianapolis, IN 46218, 3 beds, 1 bath

$60,000

3 beds1 bath1,262 sq ft

2153 N Dequincy St, Indianapolis, IN 46218

Property at 4116 Par Dr, Indianapolis, IN 46268, 3 beds, 2 baths

$279,900

3 beds2 baths1,996 sq ft

4116 Par Dr, Indianapolis, IN 46268

Property at 5122 W 12th St, Indianapolis, IN 46224, 3 beds, 1 bath

$175,000

3 beds1 bath950 sq ft

5122 W 12th St, Indianapolis, IN 46224

Property at 6902 Hardwood Dr, Indianapolis, IN 46250, 3 beds, 2 baths

$269,900

3 beds2 baths1,193 sq ft

6902 Hardwood Dr, Indianapolis, IN 46250

Property at 9113 Tenor Way, Indianapolis, IN 46231, 3 beds, 2.5 baths

$330,000

3 beds2.5 baths3,941 sq ft

9113 Tenor Way, Indianapolis, IN 46231

Property at 5404 E Saint Clair St, Indianapolis, IN 46219, 2 beds, 2 baths

$320,000

2 beds2 baths2,400 sq ft

5404 E Saint Clair St, Indianapolis, IN 46219

Property at 2524 E 88th St, Indianapolis, IN 46240, 3 beds, 2 baths

$399,900

3 beds2 baths1,882 sq ft

2524 E 88th St, Indianapolis, IN 46240

Property at 5513 Pappas Dr, Indianapolis, IN 46237, 3 beds, 1.5 baths

$210,000

3 beds1.5 baths1,564 sq ft

5513 Pappas Dr, Indianapolis, IN 46237

Property at 4026 Central Ave, Indianapolis, IN 46205, 5 beds, 2 baths

$399,900

5 beds2 baths2,088 sq ft

4026 Central Ave, Indianapolis, IN 46205

Property at 3045 W 69th St, Indianapolis, IN 46268, 3 beds, 2 baths

$229,000

3 beds2 baths1,586 sq ft

3045 W 69th St, Indianapolis, IN 46268

Property at 3537 N Gale St, Indianapolis, IN 46218, 5 beds, 2 baths

$145,000

5 beds2 baths2,048 sq ft

3537 N Gale St, Indianapolis, IN 46218

Property at 7130 Melanie Ln, Indianapolis, IN 46217, 3 beds, 2 baths

$239,900

3 beds2 baths1,856 sq ft

7130 Melanie Ln, Indianapolis, IN 46217

Property at 5125 E 74th Pl, Indianapolis, IN 46250, 4 beds, 2.5 baths

$439,999

4 beds2.5 baths3,496 sq ft

5125 E 74th Pl, Indianapolis, IN 46250

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Based on information submitted to the MLS GRID as of Sun Oct 25 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 4000 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, Fountain Square, Broad Ripple, Meridian Kessler, and Butler-Tarkington. This map is refreshed with the newest listings in Indianapolis every 15 minutes.

In the past month, 940 homes have been sold in Indianapolis. In addition to houses in Indianapolis, there were also 490 condos, 56 townhouses, and 251 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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