Cheap homes for sale & real estate in Indianapolis, IN

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NEW 34 HRS AGO3D WALKTHROUGH

ABOUT THIS HOME
Cheap Home for sale in Indianapolis, IN:
This home is an EXCELLENT OPPORTUNITY for a first-time buyer or an investor. Ideally located within walking distance of the UNIVERSITY OF INDIANAPOLIS, it offers flexible living options - live in one bedroom and rent the other, or parents can purchase it as a comfortable and convenient home for their college student. The enclosed porch (23x08) with laminate flooring provides an extension of the living space, perfect for enjoying cool evenings. Spacious living room, formal dining room and two generously sized bedrooms with hardwood floors. Home OFFERS two full bathrooms. The kitchen features ample cabinetry with pull-out drawers for smart storage. All kitchen appliances are included. Washer

$225,000

2 beds2 baths1,737 sq ft

1043 Windermire St, Indianapolis, IN 46227

Laminate flooring • Ample cabinetry • Enclosed porch

OPEN SAT, 3PM TO 5PM

ABOUT THIS HOME
Cheap Home for sale in Indianapolis, IN:
This well cared for brick ranch condominium in popular Villas of Lake Lakota features nice open feeling from the spacious great room with gas log fireplace leading to the kitchen with stainless steel appliances, breakfast bar and plenty of cabinets and counter space along with breakfast room just steps away. Please note the year around sun room off the great room with many windows making this a cheery room for relaxing and entertaining. The cathedral ceilings and neutral colors thru-out add to the comfort of this move-in ready home. Both bedrooms are nice size and feature walk-in closets and vinyl plank floors are fairly new. Enjoy evening on open patio off the entrance and note the larg

$256,900

2 beds2 baths1,601 sq ft

7356 Lake Lakota Pl, Indianapolis, IN 46217

Year around sun room • Cathedral ceilings • Gas log fireplace

NEW 1 DAY AGO

ABOUT THIS HOME
Cheap Home for sale in Indianapolis, IN:
Welcome to this delightful 2BR/2BA bungalow featuring a beautifully remodeled main-floor full bath and an updated kitchen with new cabinets and laminate flooring. Gorgeous hardwood floors flow through the living room, dining room, and upstairs bedrooms, adding warmth and character throughout. Enjoy relaxing outdoors on the inviting front porch or the cozy back deck overlooking the fully fenced backyard. The backyard is perfect for entertaining with a patio area, outdoor fire pit, and a converted one-car garage now serving as a versatile studio loft. Additional highlights include a private driveway-rare for this street-plus ample street parking, new exterior light fixtures, and convenient ke

$195,000

2 beds2 baths1,772 sq ft

415 S Grand Ave, Indianapolis, IN 46219

Inviting front porch • Updated kitchen • Cozy back deck

NEW 1 DAY AGO

ABOUT THIS HOME
Cheap Home for sale in Indianapolis, IN:
Welcome to your serene escape in the highly desirable Southcreek neighborhood-just minutes from all the shopping, dining, and conveniences of Meridian St, Greenwood, and Center Grove. This beautifully updated 3-bedroom, 3.5-bath, 2-story home with a finished basement offers the perfect blend of comfort, functionality, and unforgettable views. Step inside to find fresh paint throughout, abundant natural light, and thoughtful updates at every turn. The spacious main level flows easily for everyday living and entertaining, while the upper level features an updated primary suite designed to impress-complete with a jetted tub, walk-in shower, double vanity, and a generous walk-in closet. Upstair

$425,000

3 beds3.5 baths2,964 sq ft

403 Southcreek Dr N, Indianapolis, IN 46217

Double vanity • Walk-in closet • Finished basement

ABOUT THIS HOME
Cheap Home for sale in Indianapolis, IN:
Great Opportunity to Own in Warren Township. Home offers 3 bedrooms, 2 full baths. Huge Living Room, Nicely sized Family Room with Wood Burning Fireplace which flows into the kitchen. Seller is leaving all the appliances with home including the washer and dryer. Most of the flooring has been updated in the home with engineered hardwood. Bathrooms have been updated in that last several years. Nicely sized primary bedroom with private bath with full shower. Newer Roof less than a year old, HVAC in the last 8 years plus Newer windows and Water heater in the last 5 years. Home has nice bonus room with a hot tub that stays and leads to the fenced in backyard and patio area. Also part of the gara

$225,000

3 beds2 baths1,500 sq ft

3071 Kyle Ct, Indianapolis, IN 46235

Newer roof • Water heater • Bonus room

Property at 4128 N Webster Ave, Indianapolis, IN 46226, 4 beds, 2 baths

$204,000

4 beds2 baths1,924 sq ft

4128 N Webster Ave, Indianapolis, IN 46226

Property at 4222 Village Trace Blvd, Indianapolis, IN 46254, 4 beds, 2.5 baths

$299,000

4 beds2.5 baths2,010 sq ft

4222 Village Trace Blvd, Indianapolis, IN 46254

Property at 2405 E Edgewood Ave, Indianapolis, IN 46227, 3 beds, 1 bath

$260,000

3 beds1 bath1,724 sq ft

2405 E Edgewood Ave, Indianapolis, IN 46227

Property at 7659 Eagle Valley Pass, Indianapolis, IN 46214, 1 bed, 2 baths

$158,000

1 bed2 baths1,522 sq ft

7659 Eagle Valley Pass, Indianapolis, IN 46214

Property at 2890 Draper St, Indianapolis, IN 46203, 3 beds, 1 bath

$169,900

3 beds1 bath1,872 sq ft

2890 Draper St, Indianapolis, IN 46203

Property at 8841 Mallard Green Dr, Indianapolis, IN 46234, 3 beds, 2 baths

$265,000

3 beds2 baths1,374 sq ft

8841 Mallard Green Dr, Indianapolis, IN 46234

Property at 7860 Gold Brook Dr, Indianapolis, IN 46237, 2 beds, 2 baths

$300,000

2 beds2 baths1,816 sq ft

7860 Gold Brook Dr, Indianapolis, IN 46237

Property at 3042-3044 English Ave, Indianapolis, IN 46201, 1 bed, 2 baths

$160,000

1 bed2 baths260 sq ft

3042-3044 English Ave, Indianapolis, IN 46201

Property at 3046-3052 English Ave, Indianapolis, IN 46201, 1 bed, 2 baths

$160,000

1 bed2 baths1,316 sq ft

3046-3052 English Ave, Indianapolis, IN 46201

Property at 3810 E 9th St, Indianapolis, IN 46201, 2 beds, 1 bath

$90,000

2 beds1 bath1,344 sq ft

3810 E 9th St, Indianapolis, IN 46201

Property at 5341 N Melbourne Rd, Indianapolis, IN 46228, 3 beds, 2.5 baths

$324,900

3 beds2.5 baths1,776 sq ft

5341 N Melbourne Rd, Indianapolis, IN 46228

Property at 3715 N Irvington Ave, Indianapolis, IN 46218, 4 beds, 1 bath

$129,900

4 beds1 bath1,104 sq ft

3715 N Irvington Ave, Indianapolis, IN 46218

Property at 330 N Beville Ave, Indianapolis, IN 46201, 3 beds, 2 baths

$229,900

3 beds2 baths1,518 sq ft

330 N Beville Ave, Indianapolis, IN 46201

Property at 5836 Blair Pl, Indianapolis, IN 46254, 3 beds, 2.5 baths

$335,000

3 beds2.5 baths2,499 sq ft

5836 Blair Pl, Indianapolis, IN 46254

Property at 3823 N Butler Ave, Indianapolis, IN 46226, 3 beds, 2 baths

$219,999

3 beds2 baths1,550 sq ft

3823 N Butler Ave, Indianapolis, IN 46226

Property at Undisclosed address, Indianapolis, IN 46231, 3 beds, 2 baths

$274,900

3 beds2 baths1,460 sq ft

Undisclosed address, Indianapolis, IN 46231

Property at 2632 E 58th St, Indianapolis, IN 46220, 4 beds, 2 baths

$389,900

4 beds2 baths3,080 sq ft

2632 E 58th St, Indianapolis, IN 46220

Property at 301 Belmar Ave, Indianapolis, IN 46219, 2 beds, 1 bath

$169,000

2 beds1 bath2,437 sq ft

301 Belmar Ave, Indianapolis, IN 46219

Property at 3516 N Kenwood Ave, Indianapolis, IN 46208, 3 beds, 2 baths

$235,000

3 beds2 baths1,508 sq ft

3516 N Kenwood Ave, Indianapolis, IN 46208

Property at 5234 Riverview Dr, Indianapolis, IN 46208, 3 beds, 2 baths

$225,000

3 beds2 baths2,880 sq ft

5234 Riverview Dr, Indianapolis, IN 46208

Property at 5235 Rinehart Ave, Indianapolis, IN 46241, 2 beds, 1 bath

$160,000

2 beds1 bath1,440 sq ft

5235 Rinehart Ave, Indianapolis, IN 46241

Property at 5041 Rolling Meadow Blvd, Indianapolis, IN 46237, 3 beds, 3.5 baths

$369,990

3 beds3.5 baths2,169 sq ft

5041 Rolling Meadow Blvd, Indianapolis, IN 46237

Property at 7326 Sycamore Run Dr, Indianapolis, IN 46237, 4 beds, 2.5 baths

$365,000

4 beds2.5 baths2,498 sq ft

7326 Sycamore Run Dr, Indianapolis, IN 46237

Property at 4115 Stubbington Ln, Indianapolis, IN 46239, 3 beds, 2 baths

$330,000

3 beds2 baths1,804 sq ft

4115 Stubbington Ln, Indianapolis, IN 46239

Property at 6357 Hollingsworth Dr, Indianapolis, IN 46268, 5 beds, 3 baths

$409,000

5 beds3 baths3,898 sq ft

6357 Hollingsworth Dr, Indianapolis, IN 46268

Property at 7535 Sleeping Ridge Dr, Indianapolis, IN 46217, 4 beds, 2.5 baths

$399,900

4 beds2.5 baths3,544 sq ft

7535 Sleeping Ridge Dr, Indianapolis, IN 46217

Property at 1635 Cruft St, Indianapolis, IN 46203, 4 beds, 2.5 baths

$225,000

4 beds2.5 baths2,868 sq ft

1635 Cruft St, Indianapolis, IN 46203

Property at 5220 Rolling Meadow Blvd, Indianapolis, IN 46237, 3 beds, 2.5 baths

$359,990

3 beds2.5 baths2,180 sq ft

5220 Rolling Meadow Blvd, Indianapolis, IN 46237

Property at 2232 W 58th St, Indianapolis, IN 46228, 2 beds, 1 bath

$179,900

2 beds1 bath1,200 sq ft

2232 W 58th St, Indianapolis, IN 46228

Property at 3012 Corbin Dr, Indianapolis, IN 46217, 3 beds, 2 baths

$245,000

3 beds2 baths1,478 sq ft

3012 Corbin Dr, Indianapolis, IN 46217

Property at 1076 Halifax Ln, Indianapolis, IN 46231, 3 beds, 2.5 baths

$270,000

3 beds2.5 baths1,606 sq ft

1076 Halifax Ln, Indianapolis, IN 46231

Property at 1655 Countryside Dr, Indianapolis, IN 46231, 3 beds, 2 baths

$255,000

3 beds2 baths1,360 sq ft

1655 Countryside Dr, Indianapolis, IN 46231

Property at 8104 Bromley Pl, Indianapolis, IN 46219, 3 beds, 2.5 baths

$75,000

3 beds2.5 baths2,112 sq ft

8104 Bromley Pl, Indianapolis, IN 46219

Property at 4119 Brookville Rd, Indianapolis, IN 46201, 2 beds, 2 baths

$190,000

2 beds2 baths1,700 sq ft

4119 Brookville Rd, Indianapolis, IN 46201

Property at 3748 N Olney St, Indianapolis, IN 46218, 2 beds, 1 bath

$159,000

2 beds1 bath1,568 sq ft

3748 N Olney St, Indianapolis, IN 46218

Property at 5211 Kessler Boulevard North Dr, Indianapolis, IN 46228, 3 beds, 1.5 baths

$275,000

3 beds1.5 baths1,932 sq ft

5211 Kessler Boulevard North Dr, Indianapolis, IN 46228

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Based on information submitted to the MLS GRID as of Thu Dec 04 2025. 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 3168 cheap homes for sale in Indianapolis at a median listing price of $255K. 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 55 days and receive 2 offers. Popular neighborhoods include Lanikai Beach, 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, 1026 homes have been sold in Indianapolis. In addition to houses in Indianapolis, there were also 448 condos, 59 townhouses, and 225 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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