Cheap homes for sale & real estate in Indianapolis, IN

4,026 homes + 1 early access

Sort:

Recommended

NEW 1 HR AGOFLOOR PLAN

ABOUT THIS HOME
Cheap Home for sale in Indianapolis, IN:
Some homes simply check the boxes. Others make you feel something the moment you walk through the door. Welcome to this beautifully transformed 4-bedroom, 2.5-bath home in sought-after Pike Township, where thoughtful updates and timeless comfort come together. From the stunning luxury vinyl plank flooring and fresh paint to the brand-new roof, every improvement brings peace of mind and a fresh start. Sun-filled living spaces invite you to slow down, gather, and make lasting memories. The beautifully finished basement offers incredible flexibility, whether you're envisioning movie nights, a game room, or the ultimate entertaining space. With generous room to spread out, stylish finishes, and

$320,000

4 beds2.5 baths2,508 sq ft

5705 N Alton Ave, Indianapolis, IN 46228

Brand new roof • Finished basement • 0.36 acre lot

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

NEW 28 MINS AGO

ABOUT THIS HOME
Cheap Home for sale in Indianapolis, IN:
Room to grow on 1.16 acres! Opportunities like this are rare: more than an acre of land with a creek running along it, just 15 minutes from downtown Indianapolis. 3360 S Pennsylvania St has about 1,800 sq ft with 3 bedrooms, plus space to add a 4th bedroom, a home office, a gym, or whatever fits your vision. Highland Creek runs along the property through the culverts, which gives the lot a peaceful, natural setting you won't find on a typical city lot. The home is ready for its next owner to add value and make it shine, whether you're an investor looking for strong upside or a buyer who wants to create a dream home with land to spare. Bring your ideas for the yard: gardens, outdoor entertai

$195,000

3 beds2.5 baths1,880 sq ft

3360 S Pennsylvania St, Indianapolis, IN 46227

1.16 acre lot • 2 garage spots • Built 1959

OPEN SUN, 11AM TO 1PMFLOOR PLAN

ABOUT THIS HOME
Cheap Home for sale in Indianapolis, IN:
Welcome home to this beautifully updated 3-bedroom, 2-bath ranch offering comfortable single-level living and an incredible 6-car garage/pole barn! The updated entryway creates a welcoming first impression and sets the tone for the rest of the home. Step inside to a spacious living room featuring luxury vinyl plank flooring, abundant natural light, and a stunning stone fireplace. The updated kitchen boasts granite countertops, stainless steel appliances, a large center island with gas cooktop, and plenty of cabinet space. The spacious primary bedroom features an upgraded walk-in closet with a custom California Closets organization system, offering stylish and functional storage. The beautif

$389,900

3 beds2 baths1,920 sq ft

9306 Broadway St, Indianapolis, IN 46240

0.53 acre lot • 4 garage spots • Built 1964

NEW 11 MINS AGO

$285,000

3 beds2 baths1,565 sq ft

7549 Camberwood Dr, Indianapolis, IN 46268

0.24 acre lot • 2 garage spots • Built 1989

Property at 3321 W 39th St, Indianapolis, IN 46228, 3 beds, 2.5 baths

$275,000

3 beds2.5 baths2,203 sq ft

3321 W 39th St, Indianapolis, IN 46228

Property at 5043 Harway Ct, Indianapolis, IN 46227, 5 beds, 3 baths

$409,900

5 beds3 baths2,250 sq ft

5043 Harway Ct, Indianapolis, IN 46227

Property at 1467 Blaine Ave, Indianapolis, IN 46221, 3 beds, 1.5 baths

$195,000

3 beds1.5 baths1,324 sq ft

1467 Blaine Ave, Indianapolis, IN 46221

Property at 4234 W 79th St, Indianapolis, IN 46268, 3 beds, 1.5 baths

$220,000

3 beds1.5 baths1,163 sq ft

4234 W 79th St, Indianapolis, IN 46268

Property at 1425 Terrace Ave, Indianapolis, IN 46203, 2 beds, 1 bath

$99,000

2 beds1 bath888 sq ft

1425 Terrace Ave, Indianapolis, IN 46203

Property at 639 Dayton Ave, Indianapolis, IN 46203, 3 beds, 2 baths

$124,000

3 beds2 baths1,140 sq ft

639 Dayton Ave, Indianapolis, IN 46203

Property at 7224 Barnwell Pl, Indianapolis, IN 46217, 3 beds, 2 baths

$235,900

3 beds2 baths1,370 sq ft

7224 Barnwell Pl, Indianapolis, IN 46217

Property at 5225 Pinon Dr, Indianapolis, IN 46227, 2 beds, 1 bath

$119,900

2 beds1 bath939 sq ft

5225 Pinon Dr, Indianapolis, IN 46227

Property at 37 S Rural St, Indianapolis, IN 46201, 1 bed, 4 baths

$185,000

1 bed4 baths1,304 sq ft

37 S Rural St, Indianapolis, IN 46201

Property at 7505 Bullock Ct, Indianapolis, IN 46217, 4 beds, 2.5 baths

$172,500

4 beds2.5 baths1,814 sq ft

7505 Bullock Ct, Indianapolis, IN 46217

Property at 7221 Sycamore Run Dr, Indianapolis, IN 46237, 4 beds, 3.5 baths

$399,900

4 beds3.5 baths3,930 sq ft

7221 Sycamore Run Dr, Indianapolis, IN 46237

Property at 10830 Greenleaf Dr, Indianapolis, IN 46229, 4 beds, 2.5 baths

$252,900

4 beds2.5 baths2,985 sq ft

10830 Greenleaf Dr, Indianapolis, IN 46229

Property at 7630 E 49th St, Indianapolis, IN 46226, 3 beds, 1 bath

$187,500

3 beds1 bath1,976 sq ft

7630 E 49th St, Indianapolis, IN 46226

Property at 525 N Riley Ave, Indianapolis, IN 46201, 2 beds, 1 bath

$179,900

2 beds1 bath2,013 sq ft

525 N Riley Ave, Indianapolis, IN 46201

Property at 3137 N Gale St, Indianapolis, IN 46218, 3 beds, 1 bath

$140,000

3 beds1 bath1,104 sq ft

3137 N Gale St, Indianapolis, IN 46218

Property at 10495 Orchard Park W, Carmel, IN 46280, 3 beds, 2 baths

$375,000

3 beds2 baths1,367 sq ft

10495 Orchard Park W, Carmel, IN 46280

Property at 21 S Irvington Ave, Indianapolis, IN 46219, 3 beds, 1.5 baths

$315,000

3 beds1.5 baths1,814 sq ft

21 S Irvington Ave, Indianapolis, IN 46219

Property at 1143 Groff, Indianapolis, IN 46222, 2 beds, 1 bath

$156,000

2 beds1 bath1,344 sq ft

1143 Groff, Indianapolis, IN 46222

Property at 9442 Gemini Dr, Indianapolis, IN 46229, 3 beds, 1.5 baths

$230,000

3 beds1.5 baths1,420 sq ft

9442 Gemini Dr, Indianapolis, IN 46229

Property at 8333 Country Meadows Dr, Indianapolis, IN 46234, 3 beds, 1 bath

$200,000

3 beds1 bath1,039 sq ft

8333 Country Meadows Dr, Indianapolis, IN 46234

Property at 401 N Dequincy St, Indianapolis, IN 46201, 3 beds, 1 bath

$200,000

3 beds1 bath1,865 sq ft

401 N Dequincy St, Indianapolis, IN 46201

Property at 3232 W 56th St, Indianapolis, IN 46228, 4 beds, 2 baths

$249,000

4 beds2 baths1,647 sq ft

3232 W 56th St, Indianapolis, IN 46228

Property at 6137 Wildcat Dr, Indianapolis, IN 46203, 2 beds, 1.5 baths

$149,900

2 beds1.5 baths1,206 sq ft

6137 Wildcat Dr, Indianapolis, IN 46203

Property at 9142 Allegro Dr, Indianapolis, IN 46231, 3 beds, 2.5 baths

$243,000

3 beds2.5 baths1,772 sq ft

9142 Allegro Dr, Indianapolis, IN 46231

Property at 1632 Columbia Ave, Indianapolis, IN 46202, 3 beds, 2 baths

$245,000

3 beds2 baths1,416 sq ft

1632 Columbia Ave, Indianapolis, IN 46202

Property at 4503 Buxton Ct, Indianapolis, IN 46254, 3 beds, 1.5 baths

$155,000

3 beds1.5 baths1,152 sq ft

4503 Buxton Ct, Indianapolis, IN 46254

Property at 5941 Deerwood Ct, Indianapolis, IN 46254, 2 beds, 1.5 baths

$139,000

2 beds1.5 baths923 sq ft

5941 Deerwood Ct, Indianapolis, IN 46254

Property at 3023 Auburn Rd, Indianapolis, IN 46224, 3 beds, 1 bath

$175,000

3 beds1 bath1,025 sq ft

3023 Auburn Rd, Indianapolis, IN 46224

Property at 4204 Garden Trace Dr, Indianapolis, IN 46268, 3 beds, 2.5 baths

$294,495

3 beds2.5 baths1,727 sq ft

4204 Garden Trace Dr, Indianapolis, IN 46268

Property at 4203 Garden Trace Dr, Indianapolis, IN 46268, 3 beds, 2.5 baths

$311,995

3 beds2.5 baths1,814 sq ft

4203 Garden Trace Dr, Indianapolis, IN 46268

Property at 5108 Great Percheron Dr, Indianapolis, IN 46235, 5 beds, 3 baths

$349,640

5 beds3 baths2,247 sq ft

5108 Great Percheron Dr, Indianapolis, IN 46235

Property at 8823 Noble Heights Ln, Camby, IN 46113, 3 beds, 2 baths

$314,195

3 beds2 baths1,567 sq ft

8823 Noble Heights Ln, Camby, IN 46113

Property at 4032 Bumps End Dr, Indianapolis, IN 46239, 5 beds, 3.5 baths

$441,585

5 beds3.5 baths3,054 sq ft

4032 Bumps End Dr, Indianapolis, IN 46239

Property at 1840 Sandhill Rd, Indianapolis, IN 46217, 3 beds, 2 baths

$439,000

3 beds2 baths3,549 sq ft

1840 Sandhill Rd, Indianapolis, IN 46217

Property at 58 E Southern Ave, Indianapolis, IN 46225, 1 bed, 2 baths

$200,000

1 bed2 baths1,140 sq ft

58 E Southern Ave, Indianapolis, IN 46225

Property at 4026 N Arlington Ave, Indianapolis, IN 46226, 3 beds, 1 bath

$185,000

3 beds1 bath1,040 sq ft

4026 N Arlington Ave, Indianapolis, IN 46226

Viewing page 1 of 99

Based on information submitted to the MLS GRID as of Thu Oct 29 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 4027 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 Irvington. 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.

More real estate resources for Indianapolis, IN

Nearby Cities

Neighborhoods

Zip Codes

Nearby Cities with Cheap Homes

Nearby Neighborhoods with Cheap Homes

More to explore in Indianapolis, IN

Featured
Price

How to buy a house in Indianapolis, IN

How much house can I afford?

How to buy a house in 10 steps

First-time homebuyer's guide

See more home buying guides

7 Redfin agents serving Indianapolis

320

Deals*

4.8

Satisfaction

1124

Homes closed*

* Data from the last year

Popular Markets in Indiana

Download the Redfin App on the Apple App Store

Download the Redfin App from the Google Play Store

Join us

Become an Agent

Get referrals

Careers

Find homes faster

About us

Find us

Subsidiaries

Affiliated Business

Countries

United States

Canada

Updated September 2025: By searching, you agree to the Terms of Use, and Privacy Policy.

Do not sell or share my personal information.

REDFIN and all REDFIN variants, WALK SCORE, and the R logos, are trademarks of Redfin Corporation, registered or pending in the USPTO.

California DRE #01521930

Redfin is licensed to do business in New York as Redfin Real Estate. NY Standard Operating Procedures

New Mexico Real Estate Licenses

TREC: Info About Brokerage Services, Consumer Protection Notice

All mortgage lending products and information are provided by Rocket Mortgage, LLC | NMLS #3030; www.NMLSConsumerAccess.org. Licensed in 50 states. This site is not authorized by the New York State Department of Financial Services for mortgage solicitation or loan applications activities related to properties located in the State of New York.

Redfin Corporation is an affiliated business of Rocket Limited Partnership. Each company, and their subsidiaries, are separate legal entities operated and managed through its own management and governance structures.

If you are using a screen reader, or having trouble reading this website, please call Redfin Customer Support for help at 1-844-759-7732.

REDFIN IS COMMITTED TO AND ABIDES BY THE FAIR HOUSING ACT AND EQUAL OPPORTUNITY ACT. READ REDFIN'S FAIR HOUSING POLICY AND THE NEW YORK STATE FAIR HOUSING NOTICE.