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:
This home is gorgeous on the outside and is just waiting for someone to do a full top-to-bottom interior renovation to bring it back to its full glory. Investors & Flippers or really anyone who would be interested in renovating this home and bringing it back to life, this is the opportunity for you

$145,000

3 beds1.5 baths2,518 sq ft

1425 Fairfield Ave, Indianapolis, IN 46205

4,225 sq ft lot • Garage • Built 1922

EARLY ACCESSCOMPASS COMING SOON

$240,000

3 beds2 baths1,137 sq ft

1646 Allison Ave, Indianapolis, IN 46224

6,098 sq ft lot • Built 1950

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 16 MINS AGO

ABOUT THIS HOME
Cheap Home for sale in Indianapolis, IN:
Welcome to this charming 4-bedroom, 2-bath ranch home filled with character and unique architectural details! Offering comfortable single-level living, this home features a spacious living area with vaulted ceilings, exposed wood beams, and a beautiful stone fireplace that creates a warm and inviting atmosphere. The kitchen offers ample cabinetry, generous counter space, and a classic black-and-white checkered floor that adds a touch of personality. The generously sized primary bedroom provides a comfortable retreat, while the additional bedrooms offer flexibility for family, guests, or a home office. A distinctive bathroom features a soaking tub, glass-block accents, and plenty of space. E

$265,000

4 beds2 baths1,796 sq ft

4419 Cardinal Dr, Indianapolis, IN 46237

0.36 acre lot • 2 garage spots • Built 1975

NEW 27 MINS AGO

ABOUT THIS HOME
Cheap Home for sale in Indianapolis, IN:
You will love this affordable, move-in-ready 2 bed, 1 bath home in Indy with a full basement! At first glance you will love the fenced in front yard leading to your freshly painted covered front porch. Once inside you'll notice the fresh paint and all new LVP and vinyl flooring throughout the home. The large living room flows effortlessly into the cozy eat-in kitchen. Just down the hall you'll find your two bedrooms on either side of your bathroom with a clean tub/shower combo. Downstairs you'll find a spacious basement for all your storage, entertaining or flex space needs. Outside you'll love the large fenced yard with mature trees, alley access and concrete parking pad off the alley. Loc

$95,000

2 beds1 bath1,612 sq ft

1907 Sharon Ave, Indianapolis, IN 46222

4,922 sq ft lot • Built 1941

Property at 2509 Chaseway Ct, Indianapolis, IN 46268, 2 beds, 1.5 baths

$169,900

2 beds1.5 baths1,424 sq ft

2509 Chaseway Ct, Indianapolis, IN 46268

Property at 2740 Applecard Dr, Indianapolis, IN 46234, 3 beds, 2 baths

$299,900

3 beds2 baths1,580 sq ft

2740 Applecard Dr, Indianapolis, IN 46234

Property at 4502 Evanston Ave, Indianapolis, IN 46205, 3 beds, 1 bath

$214,900

3 beds1 bath891 sq ft

4502 Evanston Ave, Indianapolis, IN 46205

Property at 7632 Sleeping Ridge Dr, Indianapolis, IN 46217, 4 beds, 2.5 baths

$379,900

4 beds2.5 baths4,530 sq ft

7632 Sleeping Ridge Dr, Indianapolis, IN 46217

Property at 1035 Helen Dr, Indianapolis, IN 46240, 3 beds, 2 baths

$290,000

3 beds2 baths1,570 sq ft

1035 Helen Dr, Indianapolis, IN 46240

Property at 2927 Caroline Ave, Indianapolis, IN 46218, 3 beds, 1 bath

$159,900

3 beds1 bath1,025 sq ft

2927 Caroline Ave, Indianapolis, IN 46218

Property at 5344 Brianna Ln, Indianapolis, IN 46235, 3 beds, 3.5 baths

$275,000

3 beds3.5 baths2,990 sq ft

5344 Brianna Ln, Indianapolis, IN 46235

Property at 1521 N Campbell Ave, Indianapolis, IN 46219, 3 beds, 2 baths

$160,000

3 beds2 baths1,944 sq ft

1521 N Campbell Ave, Indianapolis, IN 46219

Property at 8052 Sunset Cove Dr, Indianapolis, IN 46236, 2 beds, 2 baths

$200,000

2 beds2 baths1,627 sq ft

8052 Sunset Cove Dr, Indianapolis, IN 46236

Property at 1106 Authentic Ln, Indianapolis, IN 46239, 3 beds, 2 baths

$279,999

3 beds2 baths1,620 sq ft

1106 Authentic Ln, Indianapolis, IN 46239

Property at 1307 Authentic Ln, Indianapolis, IN 46239, 3 beds, 2.5 baths

$309,999

3 beds2.5 baths2,107 sq ft

1307 Authentic Ln, Indianapolis, IN 46239

Property at 3254 Cork Bend Dr, Indianapolis, IN 46239, 5 beds, 3.5 baths

$299,900

5 beds3.5 baths2,950 sq ft

3254 Cork Bend Dr, Indianapolis, IN 46239

Property at 1817 Southeastern Ave, Indianapolis, IN 46201, 6 beds, 3 baths

$169,000

6 beds3 baths3,780 sq ft

1817 Southeastern Ave, Indianapolis, IN 46201

Property at 1134 W 78th St, Indianapolis, IN 46260, 6 beds, 2.5 baths

$409,900

6 beds2.5 baths2,676 sq ft

1134 W 78th St, Indianapolis, IN 46260

Property at 10162 Sedgehill Dr, Indianapolis, IN 46239, 4 beds, 2.5 baths

$350,000

4 beds2.5 baths3,102 sq ft

10162 Sedgehill Dr, Indianapolis, IN 46239

Property at 1108 Authentic Ln, Indianapolis, IN 46239, 3 beds, 2 baths

$269,999

3 beds2 baths1,605 sq ft

1108 Authentic Ln, Indianapolis, IN 46239

Property at 3214 Hemlock Way, Indianapolis, IN 46203, 3 beds, 2.5 baths

$289,900

3 beds2.5 baths2,049 sq ft

3214 Hemlock Way, Indianapolis, IN 46203

Property at 3250 S Tacoma Ave, Indianapolis, IN 46237, 3 beds, 2 baths

$215,000

3 beds2 baths1,387 sq ft

3250 S Tacoma Ave, Indianapolis, IN 46237

Property at 933 N Ewing St, Indianapolis, IN 46201, 4 beds, 3736 baths

$280,000

4 beds3736 baths1,307,600 sq ft

933 N Ewing St, Indianapolis, IN 46201

Property at 5703 E 17th St, Indianapolis, IN 46218, 4 beds, 11408 baths

$290,000

4 beds11408 baths12,411,904 sq ft

5703 E 17th St, Indianapolis, IN 46218

Property at 6046 Bluecrest Dr, Clermont, IN 46234, 2 beds, 2 baths

$265,000

2 beds2 baths1,244 sq ft

6046 Bluecrest Dr, Clermont, IN 46234

Property at 3305 Ashland Ave, Indianapolis, IN 46226, 2 beds, 1.5 baths

$149,900

2 beds1.5 baths1,120 sq ft

3305 Ashland Ave, Indianapolis, IN 46226

Property at 3134 Allison Ave, Indianapolis, IN 46224, 3 beds, 1 bath

$159,900

3 beds1 bath1,255 sq ft

3134 Allison Ave, Indianapolis, IN 46224

Property at 7515 Reflections Dr Unit 6-2, Indianapolis, IN 46214, 2 beds, 2 baths

$167,900

2 beds2 baths1,103 sq ft

7515 Reflections Dr Unit 6-2, Indianapolis, IN 46214

Property at 305 N Ridgeview Dr, Indianapolis, IN 46219, 3 beds, 1.5 baths

$315,000

3 beds1.5 baths2,619 sq ft

305 N Ridgeview Dr, Indianapolis, IN 46219

Property at 31 S Whitcomb Ave, Indianapolis, IN 46241, 3 beds, 2 baths

$235,000

3 beds2 baths2,609 sq ft

31 S Whitcomb Ave, Indianapolis, IN 46241

Property at 2220 Woodcrest Rd, Indianapolis, IN 46227, 4 beds, 2 baths

$345,000

4 beds2 baths3,024 sq ft

2220 Woodcrest Rd, Indianapolis, IN 46227

Property at 1902 N Centennial St, Indianapolis, IN 46222, 3 beds, 2 baths

$180,000

3 beds2 baths2,160 sq ft

1902 N Centennial St, Indianapolis, IN 46222

Property at Undisclosed address, Indianapolis, IN 46224, 3 beds, 2 baths

$210,000

3 beds2 baths1,908 sq ft

Undisclosed address, Indianapolis, IN 46224

Property at 4020 Westover Dr, Indianapolis, IN 46268, 4 beds, 3 baths

$179,000

4 beds3 baths1,962 sq ft

4020 Westover Dr, Indianapolis, IN 46268

Property at 2026 Winton Ave, Indianapolis, IN 46224, 3 beds, 2 baths

$215,000

3 beds2 baths2,196 sq ft

2026 Winton Ave, Indianapolis, IN 46224

Property at 3402 E New York St, Indianapolis, IN 46201, 3 beds, 1.5 baths

$110,000

3 beds1.5 baths1,800 sq ft

3402 E New York St, Indianapolis, IN 46201

Property at 2928 W Michigan St, Indianapolis, IN 46222, 3 beds, 2 baths

$195,000

3 beds2 baths1,299 sq ft

2928 W Michigan St, Indianapolis, IN 46222

Property at 5244 E 27th St, Indianapolis, IN 46218, 2 beds, 1 bath

$110,000

2 beds1 bath708 sq ft

5244 E 27th St, Indianapolis, IN 46218

Property at 913 N Audubon Rd, Indianapolis, IN 46219, 3 beds, 2.5 baths

$349,900

3 beds2.5 baths2,571 sq ft

913 N Audubon Rd, Indianapolis, IN 46219

Property at 610 N Temple Ave, Indianapolis, IN 46201, 3 beds, 1.5 baths

$185,000

3 beds1.5 baths1,863 sq ft

610 N Temple Ave, Indianapolis, IN 46201

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Based on information submitted to the MLS GRID as of Wed Oct 28 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 3991 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, 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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