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:
Welcome to the west side of Indianapolis just minutes away from downtown Indy! A character-filled duplex with traditional layout. that stands as a testament. Move-in ready with new flooring to be installed to the bedrooms prior to moving in! Investment Opportunity to generate income immediately! Rental income potential of $3000 per month. Fresh paint and some cosmetic renovations have been applied. 3 bedroom 1 bath per side. Tons of potential. Sewer line replaced within the last 5 years.

$230,000

6 beds4 baths2,536 sq ft

25 S Warman Ave, Indianapolis, IN 46222

Fresh paint • Cosmetic renovations • New flooring

EARLY ACCESSREDFIN COMING SOON

$425,000

5 beds3.5 baths3,098 sq ft

10826 Gates Creek Dr, Indianapolis, IN 46239

LISTED BY REDFIN3D WALKTHROUGH

ABOUT THIS HOME
Cheap Home for sale in Indianapolis, IN:
Move-in ready and ideally located just a short walk from the University of Indianapolis, this beautifully updated home offers comfort, convenience, and peace of mind. Inside, you'll find a welcoming living and dining area, an updated kitchen and bathroom, three cozy bedrooms, new LVP flooring, and fresh paint throughout. Major improvements made between 2021 and 2024 include crawlspace waterproofing, HVAC, roof, windows, siding, a 1-year-old tankless water heater, a new water softener, and new gutter downspouts that are buried. The fully fenced backyard features a new patio, a mini barn, a fire pit, and fresh gravel parking. Garfield Park, Fountain Square, and downtown Indianapolis favorites

$210,000

3 beds1 bath960 sq ft

3867 Asbury St, Indianapolis, IN 46227

New patio • Updated kitchen • New lvp flooring

LISTED BY REDFIN3D WALKTHROUGH

ABOUT THIS HOME
Cheap Home for sale in Indianapolis, IN:
Welcome home to 4147 Bowman Avenue! This charming home offers a wonderful blend of recent interior upgrades, cozy living, and a convenient location! Whether you're a first-time homebuyer, a growing family, a student, or an investor, this home offers a great opportunity to make a place of your own. Enjoy the refreshed interior and comfortable feel, with plenty of potential to add your own personal touches over time. Located just minutes from the University of Indianapolis and approximately 6 miles from downtown Indianapolis, you'll love having campus, city attractions, dining, and entertainment within easy reach. If you're looking for an affordable, charming place to call home with a great l

$185,000

3 beds1.5 baths1,034 sq ft

4147 Bowman Ave, Indianapolis, IN 46227

Convenient location • 5,401 sq ft lot • 2 garage spots

NEW 20 MINS AGO

ABOUT THIS HOME
Cheap Home for sale in Indianapolis, IN:
Photos are of the same floor plan; finishes and features may vary. This Arbor home in the Midelton community offers the opportunity to enjoy new construction with anticipated completion in late December 2026, backed by a builder warranty and thoughtfully designed for modern living. The popular Rockaway floor plan features a spacious two-story layout with an open-concept main level that seamlessly connects the kitchen and great room, creating an inviting space for both everyday living and entertaining. The thoughtfully designed kitchen overlooks the main gathering area, making it easy to stay connected whether hosting friends or enjoying every-day routines. The functional layout maximizes li

$236,995

3 beds2.5 baths1,375 sq ft

4353 Middlemist Way, Indianapolis, IN 46235

New construction • En-suite bath • 3,049 sq ft lot

Property at 2854 N Illinois St, Indianapolis, IN 46208, 1 bed, 3 baths

$180,000

1 bed3 baths5,119 sq ft

2854 N Illinois St, Indianapolis, IN 46208

Property at 727 N Illinois St Unit 208, Indianapolis, IN 46204, 2 beds, 2.5 baths

$295,000

2 beds2.5 baths1,666 sq ft

727 N Illinois St Unit 208, Indianapolis, IN 46204

Property at 2878 Eagles Crest Cir Unit B, Indianapolis, IN 46214, 2 beds, 2 baths

$132,000

2 beds2 baths984 sq ft

2878 Eagles Crest Cir Unit B, Indianapolis, IN 46214

Property at 4250 Village Parkway Cir E #5, Indianapolis, IN 46254, 2 beds, 2 baths

$145,000

2 beds2 baths993 sq ft

4250 Village Parkway Cir E #5, Indianapolis, IN 46254

Property at 2947 Eagles Crest Cir Unit A, Indianapolis, IN 46214, 2 beds, 2 baths

$134,000

2 beds2 baths980 sq ft

2947 Eagles Crest Cir Unit A, Indianapolis, IN 46214

Property at 2889 Eagles Crest Cir Unit D, Indianapolis, IN 46214, 2 beds, 1.5 baths

$136,000

2 beds1.5 baths868 sq ft

2889 Eagles Crest Cir Unit D, Indianapolis, IN 46214

Property at 2981 Horseshoe Bend Dr Unit C, Indianapolis, IN 46214, 2 beds, 2 baths

$140,000

2 beds2 baths984 sq ft

2981 Horseshoe Bend Dr Unit C, Indianapolis, IN 46214

Property at 2991 Horseshoe Bend Dr Unit C, Indianapolis, IN 46214, 2 beds, 1 bath

$130,000

2 beds1 bath984 sq ft

2991 Horseshoe Bend Dr Unit C, Indianapolis, IN 46214

Property at 2878 Eagles Crest Cir Unit C, Indianapolis, IN 46214, 2 beds, 1 bath

$130,000

2 beds1 bath984 sq ft

2878 Eagles Crest Cir Unit C, Indianapolis, IN 46214

Property at 1412 Lawton Ave, Indianapolis, IN 46203, 3 beds, 2 baths

$103,900

3 beds2 baths1,438 sq ft

1412 Lawton Ave, Indianapolis, IN 46203

Property at 11611 Ross Common Dr, Indianapolis, IN 46229, 3 beds, 2 baths

$205,000

3 beds2 baths1,618 sq ft

11611 Ross Common Dr, Indianapolis, IN 46229

(708) 560-1282

Property at 2954 Winthrop Ave, Indianapolis, IN 46205, 3 beds, 2.5 baths

$313,500

3 beds2.5 baths2,439 sq ft

2954 Winthrop Ave, Indianapolis, IN 46205

Property at 1822 Brook Crossing Way, Indianapolis, IN 46229, 4 beds, 2.5 baths

$314,600

4 beds2.5 baths2,964 sq ft

1822 Brook Crossing Way, Indianapolis, IN 46229

Property at 5756 Birtz Rd, Indianapolis, IN 46216, 3 beds, 3 baths

$330,000

3 beds3 baths2,218 sq ft

5756 Birtz Rd, Indianapolis, IN 46216

Property at 2204 W 63rd St, Indianapolis, IN 46260, 2 beds, 1 bath

$199,900

2 beds1 bath1,452 sq ft

2204 W 63rd St, Indianapolis, IN 46260

Property at 4744 E 32nd St, Indianapolis, IN 46218, 3 beds, 1 bath

$120,000

3 beds1 bath925 sq ft

4744 E 32nd St, Indianapolis, IN 46218

Property at 5708 Dollar Hide, Indianapolis, IN 46221, 3 beds, 1.5 baths

$235,000

3 beds1.5 baths1,205 sq ft

5708 Dollar Hide, Indianapolis, IN 46221

Property at 252 W Beverly Dr, Indianapolis, IN 46208, 3 beds, 2.5 baths

$425,000

3 beds2.5 baths2,336 sq ft

252 W Beverly Dr, Indianapolis, IN 46208

Property at 6802 Hillcrest Ct, Indianapolis, IN 46227, 3 beds, 2 baths

$310,000

3 beds2 baths2,324 sq ft

6802 Hillcrest Ct, Indianapolis, IN 46227

Property at 2915 Villa Ave, Indianapolis, IN 46203, 3 beds, 1 bath

$45,000

3 beds1 bath1,135 sq ft

2915 Villa Ave, Indianapolis, IN 46203

Property at 1404 Mahony Ct, Indianapolis, IN 46217, 3 beds, 2 baths

$319,900

3 beds2 baths1,811 sq ft

1404 Mahony Ct, Indianapolis, IN 46217

Property at 4602 N Ritter Ave, Indianapolis, IN 46226, 3 beds, 1.5 baths

$205,000

3 beds1.5 baths2,944 sq ft

4602 N Ritter Ave, Indianapolis, IN 46226

Property at 11238 E Birdsong Pl, Indianapolis, IN 46229, 4 beds, 3.5 baths

$239,900

4 beds3.5 baths3,136 sq ft

11238 E Birdsong Pl, Indianapolis, IN 46229

Property at 4805 Winthrop Ave, Indianapolis, IN 46205, 3 beds, 1 bath

$270,000

3 beds1 bath1,752 sq ft

4805 Winthrop Ave, Indianapolis, IN 46205

Property at 7214 N Tuxedo St, Indianapolis, IN 46240, 3 beds, 2 baths

$325,000

3 beds2 baths1,878 sq ft

7214 N Tuxedo St, Indianapolis, IN 46240

Property at 7555 S Haven Ct, Indianapolis, IN 46217, 3 beds, 2 baths

$94,700

3 beds2 baths1,200 sq ft

7555 S Haven Ct, Indianapolis, IN 46217

Property at 1630 W 76th Pl, Indianapolis, IN 46260, 4 beds, 2 baths

$200,000

4 beds2 baths1,302 sq ft

1630 W 76th Pl, Indianapolis, IN 46260

Property at 2127 Sugar Grove Ave, Indianapolis, IN 46202, 3 beds, 2 baths

$190,000

3 beds2 baths2,127 sq ft

2127 Sugar Grove Ave, Indianapolis, IN 46202

Property at 7328 Red Rock, Indianapolis, IN 46236, 3 beds, 2 baths

$285,000

3 beds2 baths1,392 sq ft

7328 Red Rock, Indianapolis, IN 46236

Property at 6041 Indianola Ave, Indianapolis, IN 46220, 3 beds, 2 baths

$409,000

3 beds2 baths2,174 sq ft

6041 Indianola Ave, Indianapolis, IN 46220

Property at 2465 Bond St, Indianapolis, IN 46208, 3 beds, 1 bath

$95,900

3 beds1 bath1,946 sq ft

2465 Bond St, Indianapolis, IN 46208

Property at 5864 Haverford Ave, Indianapolis, IN 46220, 2 beds, 1 bath

$150,000

2 beds1 bath1,512 sq ft

5864 Haverford Ave, Indianapolis, IN 46220

Property at 2356 W 58th St, Indianapolis, IN 46228, 3 beds, 2 baths

$225,000

3 beds2 baths1,536 sq ft

2356 W 58th St, Indianapolis, IN 46228

Property at 2910 Meredith Ave, Indianapolis, IN 46201, 4 beds, 2.5 baths

$109,900

4 beds2.5 baths1,712 sq ft

2910 Meredith Ave, Indianapolis, IN 46201

Property at 6225 Vancouver Ct, Indianapolis, IN 46236, 5 beds, 2.5 baths

$349,900

5 beds2.5 baths4,336 sq ft

6225 Vancouver Ct, Indianapolis, IN 46236

Property at 7275 Monon Ct, Indianapolis, IN 46256, 3 beds, 2.5 baths

$299,900

3 beds2.5 baths2,568 sq ft

7275 Monon Ct, Indianapolis, IN 46256

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Based on information submitted to the MLS GRID as of Mon Oct 19 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 4007 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, 939 homes have been sold in Indianapolis. In addition to houses in Indianapolis, there were also 489 condos, 59 townhouses, and 249 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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