Homes for sale under $150k in Indianapolis, IN

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ABOUT THIS HOME
Homes for sale under $150k in Indianapolis, IN
This 3-bedroom, 1-bath home is move-in ready and waiting for its next chapter. The layout is practical and comfortable, with plenty of natural light flowing through the living spaces. The kitchen offers good storage and space to personalize over time. Three bedrooms provide flexibility for rest, work, or hobbies, while the full bath has a simple, functional design. Outside, a generous yard with mature trees creates a pleasant backdrop. The covered front porch gives a welcoming touch, perfect for enjoying your morning coffee or winding down in the evening. Located in an established neighborhood with quick access to schools, shopping, and dining, this home is a smart choice whether you're sea

$135,000

3 beds1 bath2,094 sq ft

1311 W 33rd St, Indianapolis, IN 46208

Covered front porch • Generous yard • Move in ready

ABOUT THIS HOME
Homes for sale under $150k in Indianapolis, IN
Investor Special or Owner-Occupant Opportunity! Discover the potential in this duplex featuring 1 bedroom and 1 bathroom per side, each with private basement access and washer/dryer hookups. Both units have separate gas and electric meters. Unit 216 is move-in ready, while Unit 214 offers instant equity with just a little TLC and cosmetic updating. Perfect for house hacking-live on one side while renting the other, or add this solid income-producing property to your investment portfolio. Rental comps in the area average $950-$1,050 per side, and surrounding homes are selling in the $300K+ range. Looking to get creative? With a full rehab, this could easily be converted into a spacious sing

$135,000

2 beds4 baths2,640 sq ft

214 N Forest Ave, Indianapolis, IN 46201

Washer dryer hookups • Move in ready • Prime location

3D WALKTHROUGH

ABOUT THIS HOME
Homes for sale under $150k in Indianapolis, IN
Cozy, well maintained mid-century style home in the heart of Christian Park previously used as a mid-term rental. Perfect for a small family, first-time home buyers or empty-nesters. Located on the near southeast side along Pleasant Run Creek. The park offers playground equipment, a spray pool, football fields, softball diamonds, basketball and tennis courts, horseshoes, shelters, and a recreation center. Programs available at Christian Park include youth sports, after-school programs, summer camps, and senior activities. The park is partially wooded and includes several trails. The home features newer AC & furnace and roof, walk in shower, vinyl laminate flooring. Long Driveway with

$135,000

2 beds1 bath864 sq ft

515 Clyde Ave, Indianapolis, IN 46203

Newer ac • Newer furnace • Several trails

ABOUT THIS HOME
Homes for sale under $150k in Indianapolis, IN
Charming 2-bedroom, 1-bath ranch located in the desirable Riverside area of Indianapolis. This home offers easy access to major highways and is just minutes from downtown, the Indianapolis Museum of Art, Riverside Park, golf courses, and the Adventure Park. With a functional layout, bright living spaces, and a prime location surrounded by recreation and culture, this property is perfect for first-time buyers, downsizers, or investors looking for convenience and value.

$135,000

2 beds1 bath1,605 sq ft

1149 36th St, Indianapolis, IN 46208

Riverside park • Golf courses • Adventure park

$135,000

4 beds3 baths3,950 sq ft

333 N Chester Ave, Indianapolis, IN 46201

5,401 sq ft lot • Built 1920 • Listed 36 days

Property at 1954 N Exeter Ave, Indianapolis, IN 46222, 2 beds, 1 bath

$135,000

2 beds1 bath832 sq ft

1954 N Exeter Ave, Indianapolis, IN 46222

Property at 2425 Harlan St, Indianapolis, IN 46203, 2 beds, 1 bath

$135,000

2 beds1 bath660 sq ft

2425 Harlan St, Indianapolis, IN 46203

Property at 1735 E Legrande Ave, Indianapolis, IN 46203, 2 beds, 1 bath

$135,000

2 beds1 bath1,488 sq ft

1735 E Legrande Ave, Indianapolis, IN 46203

Property at 4291 Village Parkway Cir W #8, Indianapolis, IN 46254, 2 beds, 2 baths

$135,000

2 beds2 baths993 sq ft

4291 Village Parkway Cir W #8, Indianapolis, IN 46254

Property at 1719 Thaddeus St, Indianapolis, IN 46203, 2 beds, 1 bath

$135,000

2 beds1 bath953 sq ft

1719 Thaddeus St, Indianapolis, IN 46203

Property at 34 N Addison St, Indianapolis, IN 46222, 3 beds, 1 bath

$134,900

3 beds1 bath1,850 sq ft

34 N Addison St, Indianapolis, IN 46222

Property at 6073 Knollton Rd, Indianapolis, IN 46228, 3 beds, 1 bath

$134,900

3 beds1 bath960 sq ft

6073 Knollton Rd, Indianapolis, IN 46228

Property at 1553 W New York St, Indianapolis, IN 46222, 3 beds, 2 baths

$133,900

3 beds2 baths2,420 sq ft

1553 W New York St, Indianapolis, IN 46222

Property at 4725 Mecca St, Indianapolis, IN 46241, 3 beds, 1 bath

$131,000

3 beds1 bath884 sq ft

4725 Mecca St, Indianapolis, IN 46241

Property at 7515 E 50th St, Indianapolis, IN 46226, 3 beds, 1 bath

$130,900

3 beds1 bath1,040 sq ft

7515 E 50th St, Indianapolis, IN 46226

Property at 3021 Boulevard Pl, Indianapolis, IN 46208, 6 beds, 3 baths

$130,000

6 beds3 baths2,970 sq ft

3021 Boulevard Pl, Indianapolis, IN 46208

Property at 7904 Souter Dr, Indianapolis, IN 46219, 3 beds, 1 bath

$130,000

3 beds1 bath1,500 sq ft

7904 Souter Dr, Indianapolis, IN 46219

Property at 1051 N Mount St, Indianapolis, IN 46222, 3 beds, 1 bath

$130,000

3 beds1 bath1,986 sq ft

1051 N Mount St, Indianapolis, IN 46222

Property at 3728 N Kenwood Ave, Indianapolis, IN 46208, 2 beds, 1 bath

$130,000

2 beds1 bath1,590 sq ft

3728 N Kenwood Ave, Indianapolis, IN 46208

Property at 524 S Arlington Ave, Indianapolis, IN 46219, 2 beds, 1 bath

$130,000

2 beds1 bath725 sq ft

524 S Arlington Ave, Indianapolis, IN 46219

Property at 215 S Warman Ave, Indianapolis, IN 46222, 3 beds, 1 bath

$130,000

3 beds1 bath1,387 sq ft

215 S Warman Ave, Indianapolis, IN 46222

Property at 4291 Village Parkway Cir W #11, Indianapolis, IN 46254, 2 beds, 2 baths

$130,000

2 beds2 baths983 sq ft

4291 Village Parkway Cir W #11, Indianapolis, IN 46254

Property at 231 Legends Creek Pl #207, Indianapolis, IN 46229, 2 beds, 2 baths

$130,000

2 beds2 baths1,124 sq ft

231 Legends Creek Pl #207, Indianapolis, IN 46229

Property at 929 W 26th St, Indianapolis, IN 46208, 3 beds, 1 bath

$130,000

3 beds1 bath916 sq ft

929 W 26th St, Indianapolis, IN 46208

Property at 2422 N Arlington Ave, Indianapolis, IN 46218, 3 beds, 1 bath

$130,000

3 beds1 bath816 sq ft

2422 N Arlington Ave, Indianapolis, IN 46218

Property at 1137 S Drexel Ave, Indianapolis, IN 46203, 2 beds, 1 bath

$130,000

2 beds1 bath720 sq ft

1137 S Drexel Ave, Indianapolis, IN 46203

Property at 2933 N Gladstone Ave, Indianapolis, IN 46218, 3 beds, 1 bath

$129,999

3 beds1 bath768 sq ft

2933 N Gladstone Ave, Indianapolis, IN 46218

Property at 1051 N Holmes Ave, Indianapolis, IN 46222, 4 beds, 1 bath

$129,900

4 beds1 bath3,240 sq ft

1051 N Holmes Ave, Indianapolis, IN 46222

Property at 3460 N Bancroft St, Indianapolis, IN 46218, 2 beds, 1 bath

$129,900

2 beds1 bath1,752 sq ft

3460 N Bancroft St, Indianapolis, IN 46218

Property at 1808 N Emerson Ave, Indianapolis, IN 46218, 3 beds, 1 bath

$129,900

3 beds1 bath1,982 sq ft

1808 N Emerson Ave, Indianapolis, IN 46218

Property at 2146 Gent Ave, Indianapolis, IN 46202, 4 beds, 2 baths

$129,900

4 beds2 baths1,952 sq ft

2146 Gent Ave, Indianapolis, IN 46202

Property at 3532 Harvest Ave, Indianapolis, IN 46226, 2 beds, 1 bath

$129,900

2 beds1 bath1,470 sq ft

3532 Harvest Ave, Indianapolis, IN 46226

Property at 1902 Koehne St, Indianapolis, IN 46202, 2 beds, 1 bath

$129,900

2 beds1 bath1,093 sq ft

1902 Koehne St, Indianapolis, IN 46202

Property at 604 Lincoln St, Indianapolis, IN 46203, 2 beds, 1 bath

$129,900

2 beds1 bath1,456 sq ft

604 Lincoln St, Indianapolis, IN 46203

Property at 2245 Union St, Indianapolis, IN 46225, 2 beds, 1 bath

$129,900

2 beds1 bath724 sq ft

2245 Union St, Indianapolis, IN 46225

Property at 4317 Patricia St, Indianapolis, IN 46222, 3 beds, 1 bath

$129,900

3 beds1 bath980 sq ft

4317 Patricia St, Indianapolis, IN 46222

Property at 8018 Cheswick Dr, Indianapolis, IN 46219, 2 beds, 1.5 baths

$129,900

2 beds1.5 baths1,206 sq ft

8018 Cheswick Dr, Indianapolis, IN 46219

Property at 3514 Orchard Ave, Indianapolis, IN 46218, 3 beds, 1 bath

$129,900

3 beds1 bath1,728 sq ft

3514 Orchard Ave, Indianapolis, IN 46218

Property at 2726 Boulevard Pl, Indianapolis, IN 46208, 4 beds, 1.5 baths

$129,900

4 beds1.5 baths2,695 sq ft

2726 Boulevard Pl, Indianapolis, IN 46208

Property at 2343 Saint Peter St, Indianapolis, IN 46203, 3 beds, 1 bath

$129,900

3 beds1 bath864 sq ft

2343 Saint Peter St, Indianapolis, IN 46203

Property at 435 N Rural St, Indianapolis, IN 46201, 3 beds, 1 bath

$129,000

3 beds1 bath1,470 sq ft

435 N Rural St, Indianapolis, IN 46201

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Based on information submitted to the MLS GRID as of Sun Nov 30 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.

Homes for sale under $150k in Indianapolis

There are currently 424 homes for sale under $150k in Indianapolis. 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, 60 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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Homes for sale under $150k in Indianapolis, IN

Homes for sale under $150k in Indianapolis

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