Cheap homes for sale & real estate in Indianapolis, IN

2,762 homes

Sort:

Recommended

NEW 7 HRS AGO

ABOUT THIS HOME
Cheap Home for sale in Indianapolis, IN:
This functional, single-family residence offers an exciting opportunity for investors and future homeowners alike! The open floorplan instantly welcomes you with natural light, stylish tile floors and elegant crown molding that adds a touch of architectural detail to the space. The kitchen features a large kitchen island, perfect for preparing meals and entertaining. This 3-bedroom residence offers good sized bedrooms, utility/mudroom and 1106 square feet of comfortable living area. The covered porch and large back yard provides a wonderful space to enjoy the outdoors.

$120,000

3 beds1 bath1,106 sq ft

2037 Adams St, Indianapolis, IN 46218

Large kitchen island • Covered porch • Open floorplan

NEW 15 HRS AGO

ABOUT THIS HOME
Cheap Home for sale in Indianapolis, IN:
Tucked away on a cul-de-sac, this single-family home is ready to be your next great adventure, an inviting property just waiting for your personal touch. Imagine yourself in the living room, bathed in the warm glow of the fireplace, where high and vaulted ceilings create an airy and expansive atmosphere, perfect for cozy evenings and lively gatherings. The remolded kitchen is a culinary dream, featuring a stylish backsplash and quartz countertops that make meal preparation a joy, where every dish becomes a masterpiece. The bathrooms are designed for pampering, boasting a double vanity and walk-in shower, offering a spa-like experience right in your own home. With three bedrooms and two full

$265,000

3 beds2 baths1,758 sq ft

5956 Staffordshire Cir, Indianapolis, IN 46254

Double vanity • Hvac • Remolded kitchen

NEW 1 HR AGO

ABOUT THIS HOME
Cheap Home for sale in Indianapolis, IN:
Welcome to this move-in-ready 3-bedroom, 2 full bathroom ranch home located in the highly desirable Franklin Community School district! Major updates include a 1-year-old roof, HVAC replaced just 3 years ago, new refrigerator and dishwasher, new flooring throughout, and new toilets. Step inside to a spacious living room with vaulted ceilings, seamlessly open to the eat-in kitchen featuring a pantry and included appliances, perfect for everyday living and entertaining. The large primary suite offers double sinks and a generous walk-in closet. Enjoy the convenience of a split floor plan with nicely sized guest bedrooms and a dedicated laundry room. Outside, the large, privacy-fenced backyard

$239,900

3 beds2 baths1,390 sq ft

5136 Rocky Mountain Dr, Indianapolis, IN 46237

Community pool • Major updates • Move in ready

NEW 7 HRS AGO

ABOUT THIS HOME
Cheap Home for sale in Indianapolis, IN:
Discover a fantastic opportunity in Perry Township! This charming brick ranch features 3 bd and 2 ba in the desirable Hill Valley Estate. You'll appreciate the inviting kitchen and the spacious open family room, perfect for the whole family. Enjoy peace of mind with a new roof installed in 2025. The home also includes a fully fenced backyard, a concrete patio, and a storage barn. Conveniently located near schools, hospitals, and more. Come see it today!

$259,900

3 beds2 baths1,413 sq ft

8207 S Talbott Ave, Indianapolis, IN 46227

Concrete patio • Storage barn • New roof

OPEN SUN, 2PM TO 4PM

ABOUT THIS HOME
Cheap Home for sale in Indianapolis, IN:
Since this home was built in 1998, this home has been cared for by just one family. Every space has a story-quiet mornings in the eat-in kitchen, cozy evenings by the wood-burning fireplace, and gatherings that flow easily through the open floor plan. It all begins with a covered front porch great for sipping your morning coffee, enjoying a nice peaceful rainfall, or greeting neighbors out for a walk and guests coming to say "hi". When you walk in just to the left, the dining room has been many things over the years: a place for meals, a home office, or even a second living space. This flows seemlessly into the open living room with the woodburning fireplace as the centerpiece. Th

$245,000

3 beds2.5 baths1,686 sq ft

11132 Clearspring Way, Indianapolis, IN 46239

Covered front porch • Open floor plan • Eat in kitchen

Property at 215 E 15th St, Indianapolis, IN 46202, 3 beds, 3.5 baths

$399,000

3 beds3.5 baths2,292 sq ft

215 E 15th St, Indianapolis, IN 46202

Property at 6084 Tybalt Ln, Indianapolis, IN 46254, 3 beds, 2.5 baths

$269,900

3 beds2.5 baths1,572 sq ft

6084 Tybalt Ln, Indianapolis, IN 46254

Property at 1223 N Temple Ave, Indianapolis, IN 46201, 3 beds, 1.5 baths

$239,900

3 beds1.5 baths1,234 sq ft

1223 N Temple Ave, Indianapolis, IN 46201

Property at 7835 Inishmore Way, Indianapolis, IN 46214, 4 beds, 2.5 baths

$370,000

4 beds2.5 baths2,964 sq ft

7835 Inishmore Way, Indianapolis, IN 46214

Property at 3460 Fisher Rd, Indianapolis, IN 46239, 4 beds, 2 baths

$295,000

4 beds2 baths2,344 sq ft

3460 Fisher Rd, Indianapolis, IN 46239

Property at 2020 Mac Ct, Indianapolis, IN 46203, 3 beds, 1 bath

$175,000

3 beds1 bath1,314 sq ft

2020 Mac Ct, Indianapolis, IN 46203

Property at 7148 Vauxhall Rd, Indianapolis, IN 46250, 3 beds, 2.5 baths

$324,500

3 beds2.5 baths3,952 sq ft

7148 Vauxhall Rd, Indianapolis, IN 46250

Property at 9034 Hemingway Dr, Indianapolis, IN 46239, 4 beds, 2.5 baths

$349,900

4 beds2.5 baths2,500 sq ft

9034 Hemingway Dr, Indianapolis, IN 46239

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 213 E 15th St, Indianapolis, IN 46202, 3 beds, 3.5 baths

$399,000

3 beds3.5 baths2,292 sq ft

213 E 15th St, Indianapolis, IN 46202

Property at 3105 N White River Parkway East Dr, Indianapolis, IN 46208, 3 beds, 3 baths

$229,900

3 beds3 baths1,715 sq ft

3105 N White River Parkway East Dr, Indianapolis, IN 46208

Property at 3420 Stoddard Pl, Indianapolis, IN 46217, 3 beds, 2 baths

$330,000

3 beds2 baths1,692 sq ft

3420 Stoddard Pl, Indianapolis, IN 46217

Property at 4030 Lassen Ln, Indianapolis, IN 46235, 4 beds, 2.5 baths

$219,900

4 beds2.5 baths1,404 sq ft

4030 Lassen Ln, Indianapolis, IN 46235

Property at 2533 Bristlecone Dr, Indianapolis, IN 46217, 3 beds, 2.5 baths

$234,900

3 beds2.5 baths1,518 sq ft

2533 Bristlecone Dr, Indianapolis, IN 46217

Property at 5249 Falcon Ln, Indianapolis, IN 46224, 3 beds, 1.5 baths

$234,900

3 beds1.5 baths1,189 sq ft

5249 Falcon Ln, Indianapolis, IN 46224

Property at 3205 Black Forest Ln, Indianapolis, IN 46239, 3 beds, 2.5 baths

$259,900

3 beds2.5 baths2,354 sq ft

3205 Black Forest Ln, Indianapolis, IN 46239

Property at 553 Crossfield Ct, Indianapolis, IN 46239, 4 beds, 2.5 baths

$340,000

4 beds2.5 baths2,292 sq ft

553 Crossfield Ct, Indianapolis, IN 46239

Property at 104 N Chester Ave, Indianapolis, IN 46201, 3 beds, 2 baths

$239,000

3 beds2 baths2,321 sq ft

104 N Chester Ave, Indianapolis, IN 46201

Property at 2832 S Oakland Ave, Indianapolis, IN 46203, 3 beds, 1 bath

$198,000

3 beds1 bath1,522 sq ft

2832 S Oakland Ave, Indianapolis, IN 46203

Property at 219 N New Jersey St Unit D, Indianapolis, IN 46204, 2 beds, 2.5 baths

$384,900

2 beds2.5 baths1,770 sq ft

219 N New Jersey St Unit D, Indianapolis, IN 46204

Property at 5224 Chelsea Rd, Indianapolis, IN 46241, 2 beds, 1.5 baths

$214,900

2 beds1.5 baths2,766 sq ft

5224 Chelsea Rd, Indianapolis, IN 46241

Property at 7533 Camberwood Dr, Indianapolis, IN 46268, 4 beds, 2.5 baths

$310,000

4 beds2.5 baths2,178 sq ft

7533 Camberwood Dr, Indianapolis, IN 46268

Property at 2828 S Illinois St, Indianapolis, IN 46225, 3 beds, 1 bath

$199,999

3 beds1 bath1,224 sq ft

2828 S Illinois St, Indianapolis, IN 46225

Property at 7743 Harbour, Indianapolis, IN 46240, 2 beds, 1.5 baths

$197,000

2 beds1.5 baths978 sq ft

7743 Harbour, Indianapolis, IN 46240

Property at 900 Fenster Ct, Indianapolis, IN 46234, 4 beds, 2.5 baths

$349,900

4 beds2.5 baths2,547 sq ft

900 Fenster Ct, Indianapolis, IN 46234

Property at 8751 Jaffa Court Dr E #33, Indianapolis, IN 46260, 2 beds, 2 baths

$300,000

2 beds2 baths2,034 sq ft

8751 Jaffa Court Dr E #33, Indianapolis, IN 46260

Property at 2240 Saint Paul St, Indianapolis, IN 46203, 2 beds, 1 bath

$129,500

2 beds1 bath864 sq ft

2240 Saint Paul St, Indianapolis, IN 46203

Property at 9706 Indian Creek Rd S, Indianapolis, IN 46259, 3 beds, 2 baths

$285,000

3 beds2 baths1,442 sq ft

9706 Indian Creek Rd S, Indianapolis, IN 46259

Property at 3021 W 10th St, Indianapolis, IN 46222, 4 beds, 2.5 baths

$140,500

4 beds2.5 baths2,600 sq ft

3021 W 10th St, Indianapolis, IN 46222

Property at 340 S Lasalle St, Indianapolis, IN 46201, 5 beds, 3 baths

$289,000

5 beds3 baths2,200 sq ft

340 S Lasalle St, Indianapolis, IN 46201

Property at 8311 Stacy Lynn Ct, Indianapolis, IN 46231, 3 beds, 2 baths

$249,900

3 beds2 baths1,462 sq ft

8311 Stacy Lynn Ct, Indianapolis, IN 46231

Property at 5226 Lakemanor Dr, Indianapolis, IN 46254, 3 beds, 2 baths

$249,000

3 beds2 baths1,196 sq ft

5226 Lakemanor Dr, Indianapolis, IN 46254

Property at 6102 Hazelwood Ave, Indianapolis, IN 46228, 4 beds, 3 baths

$350,000

4 beds3 baths2,320 sq ft

6102 Hazelwood Ave, Indianapolis, IN 46228

Property at 7324 Cranston Dr, Indianapolis, IN 46214, 3 beds, 2 baths

$199,900

3 beds2 baths1,656 sq ft

7324 Cranston Dr, Indianapolis, IN 46214

Property at 655 Yosemite Dr, Indianapolis, IN 46217, 5 beds, 3 baths

$385,000

5 beds3 baths2,932 sq ft

655 Yosemite Dr, Indianapolis, IN 46217

Property at 9458 Fordham St, Indianapolis, IN 46268, 3 beds, 2.5 baths

$175,000

3 beds2.5 baths1,472 sq ft

9458 Fordham St, Indianapolis, IN 46268

Viewing page 1 of 68

Based on information submitted to the MLS GRID as of Wed Jan 07 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 2762 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 81 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, 906 homes have been sold in Indianapolis. In addition to houses in Indianapolis, there were also 351 condos, 55 townhouses, and 195 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

Zip Codes

Nearby Cities

Neighborhoods

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

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

Why Redfin?

Community Impact

Diversity & Inclusion

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.