Cheap homes for sale & real estate in Indianapolis, IN

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ABOUT THIS HOME
Cheap Home for sale in Indianapolis, IN:
Nestled in a residential area of Indianapolis, Indiana, discover the inviting home that awaits at 410 S Hamilton AVE. This single-family residence, situated in Marion county, stands ready to welcome you. The kitchen presents an atmosphere of culinary inspiration with its shaker cabinets and stone countertops, providing a beautiful space to create meals. The primary bedroom offers a private retreat, featuring the convenience of an ensuite bathroom that includes a walk in shower. This home includes four bedrooms and three full bathrooms, providing space to relax. The convenience of a laundry room adds to the ease of living. The property boasts a porch, offering a spot to enjoy the outdoors. T

$290,000

4 beds3 baths1,958 sq ft

410 S Hamilton Ave, Indianapolis, IN 46201

Porch • Stone countertops • Laundry room

NEW CONSTRUCTION

ABOUT THIS HOME
Cheap Home for sale in Indianapolis, IN:
Welcome to 4448 Evaston Ave, a stunning new construction duplex in the heart of Indianapolis' vibrant SoBro neighborhood! This turn-key investment property is a dream come true for savvy investors and house hackers alike, offering modern style, strong cash flow, and unbeatable location less than 1 block from one of the neighborhoods hottest coffee shops: GoldLeaf Savory & Sweet. Each of the two spacious units features 2 bedrooms, 1.5 baths, and open-concept layouts designed for today's lifestyle, complete with soaring vaulted ceilings, luxury vinyl plank flooring, sleek granite countertops, and stainless steel appliances. With market rents projected at $1,800-$2,000 per month per uni

$425,000

4 beds3 baths1,944 sq ft

4448 Evanston Ave, Indianapolis, IN 46205

Open-concept layouts • Spacious units • 5,200 sq ft lot

ABOUT THIS HOME
Cheap Home for sale in Indianapolis, IN:
Welcome to your new house, a charming home offering comfort, convenience, and room to grow. This property features 3 well-sized rooms and 2 full baths, providing a functional layout suitable for a variety of lifestyles. A spacious two-car garage adds valuable storage and parking flexibility, while the basement offers additional space for hobbies, storage, or future finishing options. With its practical features and inviting potential, this home is a great opportunity for anyone looking to settle into a solid, well-rounded property.

$220,000

3 beds2 baths2,240 sq ft

102 N Whitcomb Ave, Indianapolis, IN 46224

0.38 acre lot • 2 garage spots • Built 1930

OPEN SAT, 1PM TO 4PM

ABOUT THIS HOME
Cheap Home for sale in Indianapolis, IN:
Well-maintained one-owner, custom-built ranch in Perry Township Schools. Original blueprints included. Updates include all new windows in 2021, crawl space encapsulation in 2016, new furnace in 2019, and a new water heater installed December 2023. Home has a termite inspection completed annually. Brinks security system is installed and transferable with no setup or equipment fee. The home offers 3 bedrooms (two with double closets), a living room, and a spacious family room with a large stone wood-burning fireplace ideal for entertaining or recreation such as a pool table. Includes 2 full bathrooms, one featuring a walk-in Jacuzzi tub, and a 2-car attached garage. Situated on an almost half

$300,000

3 beds2 baths1,675 sq ft

8135 Bishops Ln, Indianapolis, IN 46217

New furnace • Custom-built ranch • New water heater

ABOUT THIS HOME
Cheap Home for sale in Indianapolis, IN:
Beautifully remodeled home on a large corner lot! Vaulted ceilings, coupled with new flooring and paint, welcome you into the large main-floor living space. Great open concept with a kitchen overlooking the peaceful backyard. Upstairs offers 3 generously-sized Bedrooms with a gorgeous new Bathroom! The lower level has great potential for a secondary living space, home office, bedroom, workout room, the possibilities are endless! Private laundry area.

$235,000

3 beds1 bath2,220 sq ft

5525 Prairie Dog Dr, Indianapolis, IN 46237

Large corner lot • Open concept • Private laundry area

Property at 721 E North St Apt 1C, Indianapolis, IN 46202, 2 beds, 2 baths

$299,900

2 beds2 baths960 sq ft

721 E North St Apt 1C, Indianapolis, IN 46202

Property at 7601 Milhouse Rd, Indianapolis, IN 46241, 1 bed, 1 bath

$250,000

1 bed1 bath1,424 sq ft

7601 Milhouse Rd, Indianapolis, IN 46241

Property at 2868 N Sherman Dr, Indianapolis, IN 46218, 6 beds, 6 baths

$275,000

6 beds6 baths5,544 sq ft

2868 N Sherman Dr, Indianapolis, IN 46218

Property at 1509 W 28th St, Indianapolis, IN 46208, 4 beds, 2 baths

$140,000

4 beds2 baths1,632 sq ft

1509 W 28th St, Indianapolis, IN 46208

Property at 4739 Palomino Trl, Indianapolis, IN 46239, 3 beds, 2.5 baths

$395,000

3 beds2.5 baths2,820 sq ft

4739 Palomino Trl, Indianapolis, IN 46239

Property at 7639 Redcoach Dr, Indianapolis, IN 46250, 3 beds, 2 baths

$290,000

3 beds2 baths1,650 sq ft

7639 Redcoach Dr, Indianapolis, IN 46250

Property at 4729 Orlando Ct, Indianapolis, IN 46228, 4 beds, 2.5 baths

$445,000

4 beds2.5 baths3,448 sq ft

4729 Orlando Ct, Indianapolis, IN 46228

Property at 921 N Bazil Ave, Indianapolis, IN 46219, 4 beds, 1 bath

$219,900

4 beds1 bath1,200 sq ft

921 N Bazil Ave, Indianapolis, IN 46219

Property at 3305 Bay Point Dr, Indianapolis, IN 46240, 3 beds, 3 baths

$425,000

3 beds3 baths2,636 sq ft

3305 Bay Point Dr, Indianapolis, IN 46240

Property at 4727 Stoughton Ct, Indianapolis, IN 46254, 2 beds, 1.5 baths

$224,900

2 beds1.5 baths1,365 sq ft

4727 Stoughton Ct, Indianapolis, IN 46254

Property at 3311 Vincz Dr, Indianapolis, IN 46228, 4 beds, 2 baths

$345,000

4 beds2 baths2,888 sq ft

3311 Vincz Dr, Indianapolis, IN 46228

Property at 928 Baden Manor Dr, Indianapolis, IN 46217, 3 beds, 2 baths

$249,500

3 beds2 baths1,530 sq ft

928 Baden Manor Dr, Indianapolis, IN 46217

Property at 12151 Bearsdale Dr, Indianapolis, IN 46235, 4 beds, 2.5 baths

$330,000

4 beds2.5 baths2,482 sq ft

12151 Bearsdale Dr, Indianapolis, IN 46235

Property at 4302 Cornelius Ave, Indianapolis, IN 46208, 5 beds, 2.5 baths

$380,000

5 beds2.5 baths2,808 sq ft

4302 Cornelius Ave, Indianapolis, IN 46208

Property at 1901 N Moreland Ave, Indianapolis, IN 46222, 3 beds, 1 bath

$120,000

3 beds1 bath2,056 sq ft

1901 N Moreland Ave, Indianapolis, IN 46222

Property at 3644 N Parker Ave, Indianapolis, IN 46218, 2 beds, 1 bath

$169,900

2 beds1 bath1,744 sq ft

3644 N Parker Ave, Indianapolis, IN 46218

Property at 9334 W Point Pl, Indianapolis, IN 46268, 2 beds, 2 baths

$349,900

2 beds2 baths1,527 sq ft

9334 W Point Pl, Indianapolis, IN 46268

Property at 651 Eugene St, Indianapolis, IN 46208, 4 beds, 2.5 baths

$400,000

4 beds2.5 baths2,701 sq ft

651 Eugene St, Indianapolis, IN 46208

Property at 1128 S State Ave, Indianapolis, IN 46203, 3 beds, 1 bath

$232,500

3 beds1 bath1,490 sq ft

1128 S State Ave, Indianapolis, IN 46203

Property at 6918 Copper Mountain Ct, Indianapolis, IN 46236, 3 beds, 2.5 baths

$320,000

3 beds2.5 baths1,825 sq ft

6918 Copper Mountain Ct, Indianapolis, IN 46236

Property at 6422 Emerald Springs Dr, Indianapolis, IN 46221, 2 beds, 2 baths

$220,000

2 beds2 baths1,351 sq ft

6422 Emerald Springs Dr, Indianapolis, IN 46221

Property at 1212 S Keystone Ave, Indianapolis, IN 46203, 3 beds, 2.5 baths

$245,000

3 beds2.5 baths2,123 sq ft

1212 S Keystone Ave, Indianapolis, IN 46203

Property at 8019 Fisher Bend Dr, Indianapolis, IN 46239, 3 beds, 2.5 baths

$269,900

3 beds2.5 baths2,070 sq ft

8019 Fisher Bend Dr, Indianapolis, IN 46239

Property at 10904 Midnight Dr, Indianapolis, IN 46239, 4 beds, 2.5 baths

$315,000

4 beds2.5 baths3,504 sq ft

10904 Midnight Dr, Indianapolis, IN 46239

Property at 5051 Arling Ct, Indianapolis, IN 46237, 3 beds, 2.5 baths

$330,000

3 beds2.5 baths2,025 sq ft

5051 Arling Ct, Indianapolis, IN 46237

Property at 8636 Aylesworth Dr, Camby, IN 46113, 3 beds, 2.5 baths

$279,000

3 beds2.5 baths2,494 sq ft

8636 Aylesworth Dr, Camby, IN 46113

Property at 745 N Elder Ave, Indianapolis, IN 46222

$49,000

— beds— baths— sq ft

745 N Elder Ave, Indianapolis, IN 46222

Property at 2009 Massachusetts Ave, Indianapolis, IN 46218

$2,500

— beds— baths— sq ft

2009 Massachusetts Ave, Indianapolis, IN 46218

Property at 4402 N Arlington Ave, Indianapolis, IN 46226

$35,000

— beds— baths— sq ft

4402 N Arlington Ave, Indianapolis, IN 46226

Property at 4327 N Post Rd, Lawrence, IN 46226

$99,999

— beds— baths— sq ft

4327 N Post Rd, Lawrence, IN 46226

(303) 848-6215

Property at 1607 Milburn St, Indianapolis, IN 46202

$170,000

— beds— baths— sq ft

1607 Milburn St, Indianapolis, IN 46202

Property at 10651 Eagle Dr, Indianapolis, IN 46234

$150,000

— beds— baths— sq ft

10651 Eagle Dr, Indianapolis, IN 46234

Property at 10616 E 600 N, Indianapolis, IN 46112

$150,000

— beds— baths— sq ft

10616 E 600 N, Indianapolis, IN 46112

Property at 10635 Eagle Dr, Indianapolis, IN 46234

$150,000

— beds— baths— sq ft

10635 Eagle Dr, Indianapolis, IN 46234

Property at 443 N Beville Ave, Indianapolis, IN 46201

$120,000

— beds— baths— sq ft

443 N Beville Ave, Indianapolis, IN 46201

Property at 421 N Beville Ave, Indianapolis, IN 46201

$60,000

— beds— baths— sq ft

421 N Beville Ave, Indianapolis, IN 46201

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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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