Cheap homes for sale & real estate in Indianapolis, IN

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OPEN FRI, 4PM TO 6PM

ABOUT THIS HOME
Cheap Home for sale in Indianapolis, IN:
Welcome to a rare blend of historic charm and modern luxury in the heart of Irvington. This freshly renovated 3-bedroom, 2.5-bath home has been thoughtfully transformed to honor its original character while delivering the comfort and style today's buyers expect. The primary suite on the main level offers a true retreat, complete with a walk-through closet leading into a beautifully finished en-suite bath. Original hardwood floors, a refinished arched front door, and a classic fireplace anchor the living room, while the enclosed front porch provides a cozy space to relax. Flowing through the dining room, you'll find an undeniably charming powder bath before entering the show-stopping kitchen

$420,000

3 beds2.5 baths3,236 sq ft

5307 E Pleasant Run Parkway South Dr, Indianapolis, IN 46219

Classic fireplace • Primary suite • Arched front door

NEW 3 HRS AGO

ABOUT THIS HOME
Cheap Home for sale in Indianapolis, IN:
Turnkey 4 bedroom and 2 bathroom home with 2100 square feet of remodeled living area. Beautiful updated kitchen boasts white shaker cabinets with quartz countertops, subway tile backsplash, and stainless steel appliances. Additional home updates include luxury vinyl plank flooring throughout main level and basement, new windows in office area and ceiling fans in main bedrooms. Roof and siding were installed in 2020 by Bone Dry Roofing. Air conditioning unit and water heater are two years old. House sits on large, quiet lot close to University of Indianapolis' campus and could serve as a great residence or investment property.

$229,900

4 beds2 baths2,100 sq ft

1305 Lawrence Ave, Indianapolis, IN 46227

Quartz countertops • Updated kitchen • New windows

OPEN SUN, 1PM TO 2PM

ABOUT THIS HOME
Cheap Home for sale in Indianapolis, IN:
Discover the perfect blend of walkability and neighborhood charm at 1145 Pleasant Street, nestled in the heart of vibrant Fountain Square. This 2-bedroom, 1.5-bath home thoughtfully balances historic character with contemporary updates designed for everyday living. The wraparound fence is the first thing you'll notice, enclosing a generous corner-lot yard that immediately invites visions of spring: a hammock nap, dinners enjoyed al fresco on the sunny patio, tossing a ball for a furry friend, or curling up with a book on the covered front porch as summer rain drifts by. Step inside and you'll appreciate the warmth and welcome of the main living space, where modern windows flood the room wit

$315,000

2 beds1.5 baths1,920 sq ft

1145 Pleasant St, Indianapolis, IN 46203

Covered front porch • Sunny patio • Private driveway

NEW 2 HRS AGO3D WALKTHROUGH

ABOUT THIS HOME
Cheap Home for sale in Indianapolis, IN:
Discover your dream home! This renovated 3-bedroom, 2-bath property features a cozy fireplace in an inviting living area and an updated kitchen with stainless steel appliances. Enjoy spacious bedrooms and tastefully renovated bathrooms for a spa-like feel. An oversized detached garage provides ample storage, while the extra basement space offers versatility for a playroom or home gym. This charming home combines style and functionality in a desirable neighborhood-perfect for creating lasting memories!

$199,900

3 beds2 baths1,455 sq ft

6651 E 18th St, Indianapolis, IN 46219

Updated kitchen • Extra basement space • Cozy fireplace

NEW 6 HRS AGO

ABOUT THIS HOME
Cheap Home for sale in Indianapolis, IN:
Previously remodeled and ready for its next chapter, this charming two-bedroom home offers modern updates and classic appeal in one of Indianapolis's most desirable neighborhoods. Step inside to discover thoughtfully renovated spaces featuring contemporary finishes while maintaining warm character throughout. The updated single bathroom complements the home's overall refresh, and every corner reflects careful attention to detail-making this property truly move-in ready. Location enthusiasts will appreciate the incredible walkability this address provides. Ruckle Street Park sits moments away for morning jogs or evening strolls. Public transportation is convenient with nearby bus access, whi

$125,000

2 beds2 baths1,800 sq ft

641 E 30th St, Indianapolis, IN 46205

Remodeled • Modern updates • Walkability

Property at 4452 Abby Creek Ln, Indianapolis, IN 46205, 2 beds, 1.5 baths

$140,000

2 beds1.5 baths1,146 sq ft

4452 Abby Creek Ln, Indianapolis, IN 46205

Property at 3140 Shellbark Dr, Indianapolis, IN 46235, 3 beds, 2 baths

$230,000

3 beds2 baths1,200 sq ft

3140 Shellbark Dr, Indianapolis, IN 46235

Property at 6433 Lakeland Blvd, Indianapolis, IN 46234, 4 beds, 2.5 baths

$374,999

4 beds2.5 baths2,632 sq ft

6433 Lakeland Blvd, Indianapolis, IN 46234

Property at 2914 Collier St, Indianapolis, IN 46241, 2 beds, 1 bath

$129,900

2 beds1 bath768 sq ft

2914 Collier St, Indianapolis, IN 46241

Property at 230 Meridian Gardens Ln, Indianapolis, IN 46227, 3 beds, 2.5 baths

$265,000

3 beds2.5 baths1,637 sq ft

230 Meridian Gardens Ln, Indianapolis, IN 46227

Property at 6509 Emerald Hill Ct #104, Indianapolis, IN 46237, 2 beds, 2 baths

$175,000

2 beds2 baths1,124 sq ft

6509 Emerald Hill Ct #104, Indianapolis, IN 46237

Property at 8041 Twin River Dr, Indianapolis, IN 46239, 4 beds, 2 baths

$300,000

4 beds2 baths1,682 sq ft

8041 Twin River Dr, Indianapolis, IN 46239

Property at 7439 Cordova Dr, Indianapolis, IN 46221, 3 beds, 2.5 baths

$259,900

3 beds2.5 baths1,759 sq ft

7439 Cordova Dr, Indianapolis, IN 46221

Property at 5028 Clarkson Dr, Indianapolis, IN 46254, 3 beds, 2.5 baths

$210,000

3 beds2.5 baths1,395 sq ft

5028 Clarkson Dr, Indianapolis, IN 46254

Property at 230 S Routiers Ave, Indianapolis, IN 46219, 2 beds, 1 bath

$210,000

2 beds1 bath918 sq ft

230 S Routiers Ave, Indianapolis, IN 46219

Property at 6101 Thrushwood Cir, Indianapolis, IN 46250, 3 beds, 2.5 baths

$284,500

3 beds2.5 baths1,687 sq ft

6101 Thrushwood Cir, Indianapolis, IN 46250

Property at 1359 Edgemont Ave, Indianapolis, IN 46208, 4 beds, 2 baths

$124,900

4 beds2 baths2,024 sq ft

1359 Edgemont Ave, Indianapolis, IN 46208

Property at 9536 Broadway St, Indianapolis, IN 46240, 3 beds, 2 baths

$339,900

3 beds2 baths1,788 sq ft

9536 Broadway St, Indianapolis, IN 46240

Property at 6909 Grampian Way, Indianapolis, IN 46254, 3 beds, 2 baths

$179,900

3 beds2 baths1,418 sq ft

6909 Grampian Way, Indianapolis, IN 46254

Property at 2933 Caroline Ave, Indianapolis, IN 46218, 4 beds, 1.5 baths

$100,000

4 beds1.5 baths1,272 sq ft

2933 Caroline Ave, Indianapolis, IN 46218

Property at 10640 Penn Dr, Carmel, IN 46280, 3 beds, 2.5 baths

$400,000

3 beds2.5 baths1,576 sq ft

10640 Penn Dr, Carmel, IN 46280

Property at 522 Chapel Hill West Dr, Indianapolis, IN 46214, 5 beds, 2.5 baths

$233,000

5 beds2.5 baths1,925 sq ft

522 Chapel Hill West Dr, Indianapolis, IN 46214

Property at 8764 Sugar Pine Pt, Indianapolis, IN 46256, 3 beds, 2 baths

$350,000

3 beds2 baths1,742 sq ft

8764 Sugar Pine Pt, Indianapolis, IN 46256

Property at 7141 Wellwood Dr, Indianapolis, IN 46217, 3 beds, 2.5 baths

$237,900

3 beds2.5 baths1,689 sq ft

7141 Wellwood Dr, Indianapolis, IN 46217

Property at 2503 Gadwall Cir, Indianapolis, IN 46234, 3 beds, 2 baths

$265,000

3 beds2 baths1,382 sq ft

2503 Gadwall Cir, Indianapolis, IN 46234

Property at 9541 Gemini Dr, Indianapolis, IN 46229, 3 beds, 2 baths

$200,000

3 beds2 baths1,754 sq ft

9541 Gemini Dr, Indianapolis, IN 46229

Property at 618 N Bosart Ave, Indianapolis, IN 46201, 3 beds, 2 baths

$219,500

3 beds2 baths2,211 sq ft

618 N Bosart Ave, Indianapolis, IN 46201

Property at 1804 E Tabor St, Indianapolis, IN 46203, 3 beds, 1 bath

$99,990

3 beds1 bath1,807 sq ft

1804 E Tabor St, Indianapolis, IN 46203

Property at 3458 N Kenwood Ave, Indianapolis, IN 46208, 3 beds, 1.5 baths

$190,000

3 beds1.5 baths2,110 sq ft

3458 N Kenwood Ave, Indianapolis, IN 46208

Property at 10863 Secretariat Dr, Indianapolis, IN 46234, 4 beds, 2.5 baths

$350,000

4 beds2.5 baths2,952 sq ft

10863 Secretariat Dr, Indianapolis, IN 46234

Property at 20 Eastern Ave, Indianapolis, IN 46201, 3 beds, 1.5 baths

$249,900

3 beds1.5 baths2,005 sq ft

20 Eastern Ave, Indianapolis, IN 46201

Property at 6108 Ipswich Ct, Indianapolis, IN 46254, 3 beds, 1 bath

$199,900

3 beds1 bath1,310 sq ft

6108 Ipswich Ct, Indianapolis, IN 46254

Property at 5938 Deerwood Ct, Indianapolis, IN 46254, 2 beds, 2 baths

$140,000

2 beds2 baths923 sq ft

5938 Deerwood Ct, Indianapolis, IN 46254

Property at 8238 E 11th St, Indianapolis, IN 46219, 3 beds, 2 baths

$225,000

3 beds2 baths1,514 sq ft

8238 E 11th St, Indianapolis, IN 46219

Property at 3536 N Priscilla Ct, Indianapolis, IN 46218, 3 beds, 1 bath

$133,500

3 beds1 bath1,102 sq ft

3536 N Priscilla Ct, Indianapolis, IN 46218

Property at 630 N Emerson Ave, Indianapolis, IN 46219, 3 beds, 2 baths

$225,000

3 beds2 baths2,800 sq ft

630 N Emerson Ave, Indianapolis, IN 46219

Property at 8884 Lahr Ct, Indianapolis, IN 46256, 2 beds, 2 baths

$244,900

2 beds2 baths1,206 sq ft

8884 Lahr Ct, Indianapolis, IN 46256

Property at 7820 Cannonade Dr, Indianapolis, IN 46217, 3 beds, 2 baths

$240,000

3 beds2 baths1,270 sq ft

7820 Cannonade Dr, Indianapolis, IN 46217

Property at 840 Parker Ave N, Indianapolis, IN 46201, 3 beds, 2.5 baths

$295,000

3 beds2.5 baths2,620 sq ft

840 Parker Ave N, Indianapolis, IN 46201

Property at 5744 E 18th St, Indianapolis, IN 46218, 4 beds, 4 baths

$230,000

4 beds4 baths3,456 sq ft

5744 E 18th St, Indianapolis, IN 46218

Property at 5549 Nighthawk Way, Indianapolis, IN 46254, 2 beds, 2.5 baths

$199,900

2 beds2.5 baths1,448 sq ft

5549 Nighthawk Way, Indianapolis, IN 46254

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Based on information submitted to the MLS GRID as of Thu Jan 01 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 2753 cheap homes for sale in Indianapolis at a median listing price of $255K. 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 66 days and receive 1 offers. Popular neighborhoods include Downtown Indianapolis, 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, 788 homes have been sold in Indianapolis. In addition to houses in Indianapolis, there were also 408 condos, 58 townhouses, and 220 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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