Homes for sale under $150k in Indianapolis, IN

424 homes

Sort:

Price (high to low)

ABOUT THIS HOME
Homes for sale under $150k in Indianapolis, IN
Experience the perfect blend of comfort and convenience in this 1-bedroom/1 bath condo at The Modern, just minutes from downtown Indianapolis. Inside, you'll find brand new countertops, a spacious open-concept layout, and oversized south-facing windows that flood the space with natural light and showcase city views. The kitchen offers ample cabinet space, a breakfast bar, and modern finishes that flow seamlessly into the large living and dining area, which is great for entertaining or creating a work-from-home setup. The generously sized bedroom includes double closets, and you'll love having your in-unit laundry. Enjoy peace of mind with secure garage parking and additional storage. HOA fe

$120,000

1 bed1 bath941 sq ft

3965 N Meridian St Unit 3G, Indianapolis, IN 46208

In-unit laundry • Ample cabinet space • Breakfast bar

ABOUT THIS HOME
Homes for sale under $150k in Indianapolis, IN
Downpayment assistance available. This cute and cozy 2 bed 1.5 condominium offers a wonderful opportunity to experience comfortable living. This low maintenance condo provides 1116 square feet of living area, offering a footprint that is both manageable and provides sufficient space. Upstairs, the two spacious bedrooms provide private retreats with ample closet space. Downstairs, this condo offers a half bath, a spacious living room with wood burning fireplace, nice kitchen with plenty of cabinets and counter space and a separate dining room. Additional highlights include in-unit laundry, central HVAC, 1 assigned carport parking space, storage shed, new 200-amp electrical panel, and kitchen

$120,000

2 beds1.5 baths1,116 sq ft

7445 Melanie Ln, Indianapolis, IN 46217

Central hvac • Storage shed • In unit laundry

ABOUT THIS HOME
Homes for sale under $150k in Indianapolis, IN
Investor Special - Prime Location!! Unlock the potential of 639 Warren Ave, an incredible investment opportunity in a thriving Indianapolis neighborhood! This property offers the rare chance to create something truly special in a prime location, with endless possibilities for renovation, restoration, or redevelopment. Imagine transforming this blank canvas into a stunning home or profitable rental, perfectly tailored to today's market. With its ideal location close to local amenities, schools, and easy access to downtown, this property is perfectly positioned for long-term growth and value creation. Savvy investors and visionaries alike will recognize the potential here so don't miss your

$120,000

2 beds1 bath814 sq ft

639 Warren Ave, Indianapolis, IN 46221

5,053 sq ft lot • Built 1930 • Listed 60 days

$119,999

3 beds2.5 baths2,161 sq ft

223 W 31st St, Indianapolis, IN 46208

2,831 sq ft lot • 2 garage spots • Built 1920

ABOUT THIS HOME
Homes for sale under $150k in Indianapolis, IN
This charming 2-bedroom, 1-bath home offers the perfect blend of comfort and convenience, ideally situated just minutes from downtown Indianapolis. Enjoy easy access to shopping, dining, major highways, scenic parks, and all the vibrant amenities the city has to offer. The property features a spacious detached 2-car garage and a generously sized backyard, perfect for outdoor gatherings or quiet relaxation. Inside, you'll find an oversized living room with elegant arched doorways that add character and charm. The large, clean unfinished basement presents endless possibilities-whether you're dreaming of a home gym, workshop, or additional living space. This home is full of potential and ready

$119,900

2 beds1 bath2,080 sq ft

3640 N Temple Ave, Indianapolis, IN 46218

Detached garage • 0.23 acre lot • 2 garage spots

Property at 3944 N Elizabeth St, Indianapolis, IN 46226, 3 beds, 1 bath

$119,900

3 beds1 bath1,053 sq ft

3944 N Elizabeth St, Indianapolis, IN 46226

Property at Undisclosed address, Indianapolis, IN 46226, 2 beds, 1 bath

$119,900

2 beds1 bath936 sq ft

Undisclosed address, Indianapolis, IN 46226

Property at 7348 Countrybrook Dr, Indianapolis, IN 46260, 2 beds, 1.5 baths

$119,900

2 beds1.5 baths1,216 sq ft

7348 Countrybrook Dr, Indianapolis, IN 46260

Property at 7411 Country Brook Dr, Indianapolis, IN 46260, 2 beds, 1.5 baths

$119,900

2 beds1.5 baths1,216 sq ft

7411 Country Brook Dr, Indianapolis, IN 46260

Property at Undisclosed address, Indianapolis, IN 46205, 2 beds, 1 bath

$119,900

2 beds1 bath2,142 sq ft

Undisclosed address, Indianapolis, IN 46205

Property at 8542 La Corrida Ct Unit 46A, Indianapolis, IN 46227, 3 beds, 2 baths

$119,900

3 beds2 baths1,142 sq ft

8542 La Corrida Ct Unit 46A, Indianapolis, IN 46227

Property at 4338 Thrush Dr, Indianapolis, IN 46222, 3 beds, 1 bath

$119,900

3 beds1 bath900 sq ft

4338 Thrush Dr, Indianapolis, IN 46222

Property at 3907 Hoyt Ave, Indianapolis, IN 46203, 2 beds, 1 bath

$119,900

2 beds1 bath744 sq ft

3907 Hoyt Ave, Indianapolis, IN 46203

Property at 910 S Auburn St, Indianapolis, IN 46241, 1 bed, 1 bath

$119,000

1 bed1 bath500 sq ft

910 S Auburn St, Indianapolis, IN 46241

Property at 517 N Sheffield Ave, Indianapolis, IN 46222, 3 beds, 2 baths

$119,000

3 beds2 baths1,178 sq ft

517 N Sheffield Ave, Indianapolis, IN 46222

Property at 3114 English Ave, Indianapolis, IN 46201, 2 beds, 2 baths

$119,000

2 beds2 baths1,728 sq ft

3114 English Ave, Indianapolis, IN 46201

Property at 2228 N Moreland Ave, Indianapolis, IN 46222, 3 beds, 1 bath

$118,500

3 beds1 bath1,165 sq ft

2228 N Moreland Ave, Indianapolis, IN 46222

Property at 8542 Palo Verde Ter, Indianapolis, IN 46227, 2 beds, 2 baths

$118,500

2 beds2 baths966 sq ft

8542 Palo Verde Ter, Indianapolis, IN 46227

Property at 2418 Wheeler St, Indianapolis, IN 46218, 4 beds, 2 baths

$118,000

4 beds2 baths3,012 sq ft

2418 Wheeler St, Indianapolis, IN 46218

Property at 5525 Roxbury Ter, Indianapolis, IN 46226, 2 beds, 2 baths

$117,900

2 beds2 baths1,372 sq ft

5525 Roxbury Ter, Indianapolis, IN 46226

Property at 2907 Forest Manor Ave, Indianapolis, IN 46218, 2 beds, 1 bath

$117,500

2 beds1 bath768 sq ft

2907 Forest Manor Ave, Indianapolis, IN 46218

Property at 4311 E 30th St, Indianapolis, IN 46218, 3 beds, 1 bath

$117,499

3 beds1 bath1,248 sq ft

4311 E 30th St, Indianapolis, IN 46218

Property at 724 E Beecher St, Indianapolis, IN 46203, 2 beds, 1 bath

$117,400

2 beds1 bath1,845 sq ft

724 E Beecher St, Indianapolis, IN 46203

Property at 8365 Paso Del Norte Ct, Indianapolis, IN 46227, 3 beds, 2 baths

$117,000

3 beds2 baths1,058 sq ft

8365 Paso Del Norte Ct, Indianapolis, IN 46227

Property at 1637 Hoefgen St, Indianapolis, IN 46203, 2 beds, 1 bath

$115,900

2 beds1 bath780 sq ft

1637 Hoefgen St, Indianapolis, IN 46203

Property at 66 E Regent St, Indianapolis, IN 46225, 3 beds, 1 bath

$115,000

3 beds1 bath2,055 sq ft

66 E Regent St, Indianapolis, IN 46225

Property at 5304 N Franklin Rd, Indianapolis, IN 46226, 3 beds, 1.5 baths

$115,000

3 beds1.5 baths1,248 sq ft

5304 N Franklin Rd, Indianapolis, IN 46226

Property at 443 N Lasalle St, Indianapolis, IN 46201, 4 beds, 3 baths

$115,000

4 beds3 baths2,268 sq ft

443 N Lasalle St, Indianapolis, IN 46201

Property at 4102 E 11th St, Indianapolis, IN 46201, 2 beds, 1 bath

$115,000

2 beds1 bath1,606 sq ft

4102 E 11th St, Indianapolis, IN 46201

Property at 512 S Cole St, Indianapolis, IN 46241, 3 beds, 2 baths

$115,000

3 beds2 baths1,236 sq ft

512 S Cole St, Indianapolis, IN 46241

Property at 2708 Palo Verde Ct, Indianapolis, IN 46227, 3 beds, 2 baths

$115,000

3 beds2 baths1,554 sq ft

2708 Palo Verde Ct, Indianapolis, IN 46227

Property at 325 Harlan St, Indianapolis, IN 46201, 3 beds, 1 bath

$115,000

3 beds1 bath3,072 sq ft

325 Harlan St, Indianapolis, IN 46201

Property at 404 N Grant Ave, Indianapolis, IN 46201, 4 beds, 1 bath

$115,000

4 beds1 bath1,644 sq ft

404 N Grant Ave, Indianapolis, IN 46201

Property at 2814 E Brookside Ave, Indianapolis, IN 46218, 2 beds, 1.5 baths

$115,000

2 beds1.5 baths1,440 sq ft

2814 E Brookside Ave, Indianapolis, IN 46218

Property at 1022 Udell St, Indianapolis, IN 46208, 2 beds, 1.5 baths

$115,000

2 beds1.5 baths953 sq ft

1022 Udell St, Indianapolis, IN 46208

Property at 538 W 28th St, Indianapolis, IN 46208, 2 beds, 1 bath

$115,000

2 beds1 bath1,100 sq ft

538 W 28th St, Indianapolis, IN 46208

Property at 642 N Oxford St, Indianapolis, IN 46201, 2 beds, 1 bath

$114,900

2 beds1 bath1,512 sq ft

642 N Oxford St, Indianapolis, IN 46201

Property at 1358 Hiatt St, Indianapolis, IN 46221, 1 bed, 1 bath

$114,900

1 bed1 bath692 sq ft

1358 Hiatt St, Indianapolis, IN 46221

Property at 609 N Emerson Ave, Indianapolis, IN 46219, 2 beds, 1 bath

$114,900

2 beds1 bath1,818 sq ft

609 N Emerson Ave, Indianapolis, IN 46219

Property at 1916 N Colorado Ave, Indianapolis, IN 46218, 2 beds, 1 bath

$114,900

2 beds1 bath676 sq ft

1916 N Colorado Ave, Indianapolis, IN 46218

Property at 3702 E 35th St, Indianapolis, IN 46218, 2 beds, 1 bath

$114,900

2 beds1 bath1,536 sq ft

3702 E 35th St, Indianapolis, IN 46218

Viewing page 6 of 9

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.

More real estate resources for Indianapolis, IN

More to explore in Indianapolis, IN

Featured
Price

How to buy a house in Indianapolis, IN

How much house can I afford?

How to buy a house in 10 steps

First-time homebuyer's guide

See more home buying guides

Popular Markets in Indiana

Download the Redfin App on the Apple App Store

Download the Redfin App from the Google Play Store

Join us

Become an Agent

Get referrals

Careers

Find homes faster

About us

Why Redfin?

Community Impact

Diversity & Inclusion

Find us

Subsidiaries

Affiliated Business

Countries

United States

Canada

Updated September 2025: By searching, you agree to the Terms of Use, and Privacy Policy.

Do not sell or share my personal information.

REDFIN and all REDFIN variants, WALK SCORE, and the R logos, are trademarks of Redfin Corporation, registered or pending in the USPTO.

California DRE #01521930

Redfin is licensed to do business in New York as Redfin Real Estate. NY Standard Operating Procedures

New Mexico Real Estate Licenses

TREC: Info About Brokerage Services, Consumer Protection Notice

All mortgage lending products and information are provided by Rocket Mortgage, LLC | NMLS #3030; www.NMLSConsumerAccess.org. Licensed in 50 states. This site is not authorized by the New York State Department of Financial Services for mortgage solicitation or loan applications activities related to properties located in the State of New York.

Redfin Corporation is an affiliated business of Rocket Limited Partnership. Each company, and their subsidiaries, are separate legal entities operated and managed through its own management and governance structures.

If you are using a screen reader, or having trouble reading this website, please call Redfin Customer Support for help at 1-844-759-7732.

REDFIN IS COMMITTED TO AND ABIDES BY THE FAIR HOUSING ACT AND EQUAL OPPORTUNITY ACT. READ REDFIN'S FAIR HOUSING POLICY AND THE NEW YORK STATE FAIR HOUSING NOTICE.

Homes for sale under $150k in Indianapolis, IN

Homes for sale under $150k in Indianapolis

More real estate resources for Indianapolis, IN

Zip Codes

Nearby Cities

Neighborhoods

More to explore in Indianapolis, IN

How to buy a house in Indianapolis, IN

Popular Markets in Indiana