Cheap homes for sale & real estate in Indianapolis, IN

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ABOUT THIS HOME
Cheap Home for sale in Indianapolis, IN:
AUCTION - SATURDAY, NOVEMBER 21ST AT 10:00 A. M. ! RARE OPPORTUNITY IN HIGHLY DESIRABLE WINDERMERE HEIGHTS! Properties offering this combination of location, acreage, character, and renovation potential rarely become available! Situated on a breathtaking 1.39-acre lot surrounded by mature trees and beautiful landscaping, this expansive 5-bedroom, 3-full-bath residence offers an extraordinary opportunity to create a truly spectacular forever home. The picturesque, park-like setting provides a remarkable backdrop for transforming this property into one of Washington Township's most distinctive residences. Features include a 2-car attached garage, additional 1-car detached garage, screened-in

$200,000

5 beds3 baths4,769 sq ft

4785 E 65th St, Indianapolis, IN 46220

Screened-in porch • 1.39-acre lot • Indoor lap pool

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 2 HRS AGO

ABOUT THIS HOME
Cheap Home for sale in Indianapolis, IN:
Investor Special! This 3-bedroom, 2.5-bath ranch with a basement and 1,500 sq. ft. of living space has tons of potential as a flip or for an investor to add to their rental portfolio. Schedule your showing today!

$100,000

3 beds2.5 baths2,140 sq ft

355 Woodrow Ave, Indianapolis, IN 46241

6,708 sq ft lot • Garage • Built 1936

NEW 2 HRS AGO

ABOUT THIS HOME
Cheap Home for sale in Indianapolis, IN:
Investor special! This 2-bedroom, 1-bath home is in need of a complete rehabilitation and offers an opportunity for investors, rehabbers, and flippers looking for their next project. Bring your vision and creativity to transform this property into a renovated resale or potential rental investment. With the right improvements, this property could be a great addition to an investment portfolio. Property is on 5 lots. Don't miss the opportunity to unlock its potential!

$110,000

2 beds1 bath752 sq ft

525 N Arnolda Ave, Indianapolis, IN 46222

5 lots • 5,706 sq ft lot • Built 1920

(708) 560-1282

NEW 2 HRS AGO

ABOUT THIS HOME
Cheap Home for sale in Indianapolis, IN:
Rental duplex ready to go! Rental income is $2,500 per month! Tenant pays $1,300 per month on the 3329 side and then $1,200 per month on the 3331 side. 3331 is on a month to month lease and 3329 has a lease until 4/30/28. Showings with an accepted offer. Buyer will then have a negotiated due diligence period to view property once offer has been accepted - investors only - you can bring contractors through during your due diligence period. This is a working rental. Please reach out to the listing agent and he can send you videos.

$275,000

4 beds2 baths1,838 sq ft

3329 Boulevard Pl, Indianapolis, IN 46208

Built 1920

Property at 1462 Standish Ave, Indianapolis, IN 46227, 2 beds, 1 bath

$104,900

2 beds1 bath904 sq ft

1462 Standish Ave, Indianapolis, IN 46227

Property at 8153 Chesterhill Ln, Indianapolis, IN 46239, 3 beds, 2.5 baths

$199,000

3 beds2.5 baths1,468 sq ft

8153 Chesterhill Ln, Indianapolis, IN 46239

Property at 3925/3927 Byram Ave, Indianapolis, IN 46208, 1 bed, 2 baths

$179,900

1 bed2 baths1,344 sq ft

3925/3927 Byram Ave, Indianapolis, IN 46208

Property at 3910 Arthington Blvd, Indianapolis, IN 46226, 4 beds, 1.5 baths

$135,000

4 beds1.5 baths1,942 sq ft

3910 Arthington Blvd, Indianapolis, IN 46226

(708) 560-1282

Property at 9707 Violet Cir, Indianapolis, IN 46239, 3 beds, 2.5 baths

$299,900

3 beds2.5 baths2,248 sq ft

9707 Violet Cir, Indianapolis, IN 46239

Property at 441 W Thompson Rd, Indianapolis, IN 46217, 4 beds, 3 baths

$429,900

4 beds3 baths3,367 sq ft

441 W Thompson Rd, Indianapolis, IN 46217

Property at 6315 River Valley Way, Indianapolis, IN 46221, 3 beds, 2 baths

$220,000

3 beds2 baths1,248 sq ft

6315 River Valley Way, Indianapolis, IN 46221

Property at 2425 N Dearborn St, Indianapolis, IN 46218, 3 beds, 2.5 baths

$214,900

3 beds2.5 baths1,840 sq ft

2425 N Dearborn St, Indianapolis, IN 46218

Property at 1116 N Tuxedo St, Indianapolis, IN 46201, 2 beds, 1 bath

$150,000

2 beds1 bath2,253 sq ft

1116 N Tuxedo St, Indianapolis, IN 46201

Property at 2043 Gerrard Ave, Indianapolis, IN 46224, 2 beds, 2 baths

$255,000

2 beds2 baths1,972 sq ft

2043 Gerrard Ave, Indianapolis, IN 46224

Property at 2517 Baur Dr, Indianapolis, IN 46220, 3 beds, 2 baths

$345,900

3 beds2 baths1,669 sq ft

2517 Baur Dr, Indianapolis, IN 46220

Property at 5714 Greenfield Ave, Indianapolis, IN 46219, 3 beds, 1 bath

$169,900

3 beds1 bath1,113 sq ft

5714 Greenfield Ave, Indianapolis, IN 46219

Property at 4018 Byram Ave, Indianapolis, IN 46208, 4 beds, 2 baths

$325,000

4 beds2 baths2,240 sq ft

4018 Byram Ave, Indianapolis, IN 46208

Property at 327 N Arsenal Ave, Indianapolis, IN 46201, 3 beds, 2 baths

$378,000

3 beds2 baths4,098 sq ft

327 N Arsenal Ave, Indianapolis, IN 46201

Property at 3609 N Lesley Ave, Indianapolis, IN 46218, 2 beds, 1.5 baths

$147,000

2 beds1.5 baths2,011 sq ft

3609 N Lesley Ave, Indianapolis, IN 46218

Property at 10834 Sedgegrass Dr, Indianapolis, IN 46235, 4 beds, 2.5 baths

$279,900

4 beds2.5 baths2,342 sq ft

10834 Sedgegrass Dr, Indianapolis, IN 46235

Property at 3145 Stuart, Indianapolis, IN 46218, 2 beds, 1 bath

$185,000

2 beds1 bath725 sq ft

3145 Stuart, Indianapolis, IN 46218

Property at 6139 Winthrop Ave, Indianapolis, IN 46220, 2 beds, 2.5 baths

$329,900

2 beds2.5 baths1,244 sq ft

6139 Winthrop Ave, Indianapolis, IN 46220

Property at 4953 Ford St, Indianapolis, IN 46224, 2 beds, 2 baths

$225,000

2 beds2 baths2,128 sq ft

4953 Ford St, Indianapolis, IN 46224

Property at 4019 Eisenhower Dr, Indianapolis, IN 46254, 3 beds, 2 baths

$219,000

3 beds2 baths1,461 sq ft

4019 Eisenhower Dr, Indianapolis, IN 46254

Property at 12260 E 75th St, Indianapolis, IN 46236, 3 beds, 2 baths

$415,000

3 beds2 baths1,930 sq ft

12260 E 75th St, Indianapolis, IN 46236

Property at 1016 N Sheffield Ave, Indianapolis, IN 46222, 3 beds, 1 bath

$165,000

3 beds1 bath1,207 sq ft

1016 N Sheffield Ave, Indianapolis, IN 46222

Property at 10676 Huntwick Dr, Indianapolis, IN 46231, 3 beds, 2 baths

$305,000

3 beds2 baths2,200 sq ft

10676 Huntwick Dr, Indianapolis, IN 46231

Property at 2350 Brookside Ave, Indianapolis, IN 46218, 4 beds, 4.5 baths

$395,000

4 beds4.5 baths3,300 sq ft

2350 Brookside Ave, Indianapolis, IN 46218

Property at 2346 Brookside Ave, Indianapolis, IN 46218, 4 beds, 4.5 baths

$345,000

4 beds4.5 baths3,740 sq ft

2346 Brookside Ave, Indianapolis, IN 46218

Property at 10520 Camille Ct, Indianapolis, IN 46236, 3 beds, 2.5 baths

$275,000

3 beds2.5 baths1,887 sq ft

10520 Camille Ct, Indianapolis, IN 46236

Property at 8629 Sand Dunes Ave, Camby, IN 46113, 4 beds, 2.5 baths

$308,500

4 beds2.5 baths1,839 sq ft

8629 Sand Dunes Ave, Camby, IN 46113

Property at 7659 Ballyshannon St, Indianapolis, IN 46217, 3 beds, 2.5 baths

$430,000

3 beds2.5 baths3,002 sq ft

7659 Ballyshannon St, Indianapolis, IN 46217

Property at 3325 Ashgrove, Indianapolis, IN 46268, 2 beds, 2 baths

$225,000

2 beds2 baths1,170 sq ft

3325 Ashgrove, Indianapolis, IN 46268

Property at 3556 Nolen Dr, Indianapolis, IN 46234, 3 beds, 1.5 baths

$345,000

3 beds1.5 baths2,994 sq ft

3556 Nolen Dr, Indianapolis, IN 46234

Property at 5602 Kingsley Dr, Indianapolis, IN 46220, 2 beds, 1 bath

$285,000

2 beds1 bath1,194 sq ft

5602 Kingsley Dr, Indianapolis, IN 46220

Property at 5790 E 30th St, Indianapolis, IN 46218, 3 beds, 1 bath

$200,000

3 beds1 bath1,649 sq ft

5790 E 30th St, Indianapolis, IN 46218

Property at 5736 Birtz Rd, Indianapolis, IN 46216, 3 beds, 3 baths

$320,000

3 beds3 baths2,218 sq ft

5736 Birtz Rd, Indianapolis, IN 46216

Property at 4950 Lincoln Rd, Indianapolis, IN 46228, 3 beds, 2 baths

$350,000

3 beds2 baths3,056 sq ft

4950 Lincoln Rd, Indianapolis, IN 46228

Property at 4057 Broadway St, Indianapolis, IN 46205, 3 beds, 2 baths

$420,000

3 beds2 baths2,594 sq ft

4057 Broadway St, Indianapolis, IN 46205

Property at 5519 Rosslyn, Indianapolis, IN 46220, 3 beds, 2 baths

$295,000

3 beds2 baths2,814 sq ft

5519 Rosslyn, Indianapolis, IN 46220

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Based on information submitted to the MLS GRID as of Tue Oct 27 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, 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.

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