Homes for sale under $250k in Indianapolis, IN

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ABOUT THIS HOME
Homes for sale under $250k in Indianapolis, IN
This one-level home features three bedrooms and two full baths, situated in Perry Township near Kroger with convenient access to I-465. The roof is seven years old. The primary bedroom includes a walk-in closet equipped with built-in drawers and shelves, while the second and third bedrooms are of a generous size. The property also boasts a spacious rear patio and a comfortable backyard. All kitchen appliances are included.

$250,000

3 beds2 baths1,404 sq ft

1464 Kincannon Ln, Indianapolis, IN 46217

Built-in drawers • Walk-in closet • Spacious rear patio

ABOUT THIS HOME
Homes for sale under $250k in Indianapolis, IN
You are going to fall in love with this completely updated 3 bed, 2 bath home in the Falcon's Nest Neighborhood! At first glance the carriage house garage door with new sconces and custom cedar shutters draw you in. Once inside the fresh paint and all new LVP flooring guide you through your open concept living room, dining room and kitchen spaces! The stunning mosaic fireplace with new mantle is perfect to cozy up to on a cold winter's night. The completely remodeled kitchen boasts quartz countertops, stainless steel appliances, cracked slate backsplash, freshly painted cabinets with new pulls, a large walk-in pantry/laundry room combo and large glass double doors leading out to your incred

$250,000

3 beds2 baths1,410 sq ft

4918 Flame Way, Indianapolis, IN 46254

Quartz countertops • Remodeled kitchen • Mosaic fireplace

ABOUT THIS HOME
Homes for sale under $250k in Indianapolis, IN
Welcome to this well-maintained 3-bed, 2-bath home just minutes from Downtown Indianapolis, with quick access to I-465, I-65, and nearby local amenities, dining, and shopping. Inside, you'll find a beautifully remodeled kitchen featuring custom cabinetry with crown molding, granite countertops, updated fixtures, and a functional layout perfect for cooking and entertaining. The spacious living room offers a cathedral ceiling, custom fireplace with marble surround, and plenty of natural light. Throughout the home, enjoy premium upgrades including AguaGuard long wide-plank waterproof flooring ($6,000 value), solid six-panel wood doors, and updated tile flooring and cabinetry in both bathrooms.

$250,000

3 beds2 baths1,158 sq ft

3062 S Temple Ave, Indianapolis, IN 46237

Hardwood flooring • Walk-in closet • Vinyl siding

ABOUT THIS HOME
Homes for sale under $250k in Indianapolis, IN
Discover this beautifully updated 4 Bedroom, 2 Full Bathroom home in the heart of Little Flower. With fresh updates, inviting living spaces, and a spacious backyard ideal for gatherings or a beautiful garden, this home delivers on all fronts. Huge bedrooms, a fully waterproofed basement (2022), and a great location make this a must see!

$250,000

4 beds2 baths2,880 sq ft

1425 Shannon Ave, Indianapolis, IN 46201

Spacious backyard • 4,835 sq ft lot • Built 1928

ABOUT THIS HOME
Homes for sale under $250k in Indianapolis, IN
Calling all investors! This quadruplex located near Downtown Indianapolis offers an excellent opportunity for strong cash flow with limitless possibilities, whether you choose short-term or long-term rental strategies. Each unit features 1 bedroom and 1 full bath with functional layouts that appeal to tenants, plus convenient parking located at the rear of the property. With its prime location close to downtown, dining, entertainment, and major commuter routes, this property is a solid addition to any investment portfolio.

$250,000

4 beds8 baths4,256 sq ft

1841 W Washington St, Indianapolis, IN 46222

Quadruplex • Prime location • Convenient parking

Property at 8034 Hi Vu Dr, Indianapolis, IN 46227, 3 beds, 1.5 baths

$250,000

3 beds1.5 baths1,448 sq ft

8034 Hi Vu Dr, Indianapolis, IN 46227

Property at 11438 Arches Dr, Indianapolis, IN 46235, 4 beds, 2.5 baths

$250,000

4 beds2.5 baths2,108 sq ft

11438 Arches Dr, Indianapolis, IN 46235

Property at 1212 E 46th St, Indianapolis, IN 46205, 2 beds, 2 baths

$250,000

2 beds2 baths1,190 sq ft

1212 E 46th St, Indianapolis, IN 46205

Property at 5902 S Gale St, Indianapolis, IN 46227, 3 beds, 2 baths

$250,000

3 beds2 baths1,320 sq ft

5902 S Gale St, Indianapolis, IN 46227

Property at 1641 English Ave, Indianapolis, IN 46201, 4 beds, 1.5 baths

$250,000

4 beds1.5 baths2,300 sq ft

1641 English Ave, Indianapolis, IN 46201

Property at 3652 Lacebark Dr, Indianapolis, IN 46235, 4 beds, 2 baths

$250,000

4 beds2 baths1,606 sq ft

3652 Lacebark Dr, Indianapolis, IN 46235

Property at 2321 S Pennsylvania St, Indianapolis, IN 46225, 2 beds, 1 bath

$250,000

2 beds1 bath1,710 sq ft

2321 S Pennsylvania St, Indianapolis, IN 46225

Property at 4531 Hunt Master Ct, Indianapolis, IN 46268, 3 beds, 2 baths

$250,000

3 beds2 baths1,383 sq ft

4531 Hunt Master Ct, Indianapolis, IN 46268

Property at 5029 Hillside Ave, Indianapolis, IN 46205, 2 beds, 1 bath

$250,000

2 beds1 bath1,768 sq ft

5029 Hillside Ave, Indianapolis, IN 46205

Property at 2616 Oneida Ln, Indianapolis, IN 46217, 3 beds, 2 baths

$250,000

3 beds2 baths1,652 sq ft

2616 Oneida Ln, Indianapolis, IN 46217

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 1148 Lexington Ave, Indianapolis, IN 46203, 3 beds, 2 baths

$250,000

3 beds2 baths1,729 sq ft

1148 Lexington Ave, Indianapolis, IN 46203

Property at 425 Sanders St, Indianapolis, IN 46225, 4 beds, 2 baths

$250,000

4 beds2 baths2,574 sq ft

425 Sanders St, Indianapolis, IN 46225

Property at 2968 N Arsenal Ave, Indianapolis, IN 46218, 5 beds, 5 baths

$250,000

5 beds5 baths1,924 sq ft

2968 N Arsenal Ave, Indianapolis, IN 46218

Property at 10803 Penwell Way, Indianapolis, IN 46235, 4 beds, 2.5 baths

$250,000

4 beds2.5 baths1,445 sq ft

10803 Penwell Way, Indianapolis, IN 46235

Property at 1526 N Euclid Ave, Indianapolis, IN 46201, 3 beds, 2 baths

$250,000

3 beds2 baths1,755 sq ft

1526 N Euclid Ave, Indianapolis, IN 46201

Property at 5027 N Kenmore Rd, Indianapolis, IN 46226, 3 beds, 1.5 baths

$250,000

3 beds1.5 baths2,385 sq ft

5027 N Kenmore Rd, Indianapolis, IN 46226

Property at 7120 Red Lake Ct, Indianapolis, IN 46217, 3 beds, 2 baths

$250,000

3 beds2 baths1,430 sq ft

7120 Red Lake Ct, Indianapolis, IN 46217

Property at 9739 Woodsong Way, Indianapolis, IN 46229, 3 beds, 2 baths

$249,900

3 beds2 baths1,767 sq ft

9739 Woodsong Way, Indianapolis, IN 46229

Property at 9122 Broken Arrow Rd, Indianapolis, IN 46234, 4 beds, 1.5 baths

$249,900

4 beds1.5 baths1,656 sq ft

9122 Broken Arrow Rd, Indianapolis, IN 46234

Property at 4014 W Mooresville Rd, Indianapolis, IN 46221, 3 beds, 2 baths

$249,900

3 beds2 baths1,417 sq ft

4014 W Mooresville Rd, Indianapolis, IN 46221

Property at 1152 Churchman Ave, Indianapolis, IN 46203, 4 beds, 1.5 baths

$249,900

4 beds1.5 baths3,498 sq ft

1152 Churchman Ave, Indianapolis, IN 46203

Property at 5740 Tansy Ct, Indianapolis, IN 46203, 3 beds, 2 baths

$249,900

3 beds2 baths1,376 sq ft

5740 Tansy Ct, Indianapolis, IN 46203

Property at 1134 N Keystone Ave, Indianapolis, IN 46201, 3 beds, 2 baths

$249,900

3 beds2 baths2,926 sq ft

1134 N Keystone Ave, Indianapolis, IN 46201

Property at 4620 Rosslyn Ave, Indianapolis, IN 46205, 2 beds, 2 baths

$249,900

2 beds2 baths2,170 sq ft

4620 Rosslyn Ave, Indianapolis, IN 46205

Property at 1945 Danbury Dr, Indianapolis, IN 46231, 3 beds, 2 baths

$249,900

3 beds2 baths1,275 sq ft

1945 Danbury Dr, Indianapolis, IN 46231

Property at 814 Sprague St, Indianapolis, IN 46217, 3 beds, 1.5 baths

$249,900

3 beds1.5 baths1,694 sq ft

814 Sprague St, Indianapolis, IN 46217

Property at 355 E Ohio St Ste 111, Indianapolis, IN 46204, 1 bed, 1.5 baths

$249,900

1 bed1.5 baths964 sq ft

355 E Ohio St Ste 111, Indianapolis, IN 46204

Property at 1020 N Graham Ave, Indianapolis, IN 46219, 3 beds, 2 baths

$249,900

3 beds2 baths1,134 sq ft

1020 N Graham Ave, Indianapolis, IN 46219

Property at 20 Eastern Ave, Indianapolis, IN 46201, 3 beds, 1.5 baths

$249,900

3 beds1.5 baths2,005 sq ft

20 Eastern Ave, Indianapolis, IN 46201

Property at 932 N Broadway St #4, Indianapolis, IN 46202, 1 bed, 1 bath

$249,900

1 bed1 bath857 sq ft

932 N Broadway St #4, Indianapolis, IN 46202

Property at 1005 W 25th St, Indianapolis, IN 46208, 3 beds, 2.5 baths

$249,900

3 beds2.5 baths2,406 sq ft

1005 W 25th St, Indianapolis, IN 46208

Property at 7724 Gordon Way, Indianapolis, IN 46237, 4 beds, 2 baths

$249,900

4 beds2 baths2,060 sq ft

7724 Gordon Way, Indianapolis, IN 46237

Property at 246 N Hamilton Ave, Indianapolis, IN 46201, 5 beds, 2.5 baths

$249,900

5 beds2.5 baths4,017 sq ft

246 N Hamilton Ave, Indianapolis, IN 46201

Property at 19 N Elizabeth St, Indianapolis, IN 46219, 2 beds, 1 bath

$249,900

2 beds1 bath1,516 sq ft

19 N Elizabeth St, Indianapolis, IN 46219

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

$249,900

3 beds2 baths1,360 sq ft

1655 Countryside Dr, Indianapolis, IN 46231

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Based on information submitted to the MLS GRID as of Mon Jan 05 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.

Homes for sale under $250k in Indianapolis

There are currently 1230 homes for sale under $250k 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 81 days and receive 1 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, 903 homes have been sold in Indianapolis. In addition to houses in Indianapolis, there were also 351 condos, 55 townhouses, and 195 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 $250k in Indianapolis, IN

Homes for sale under $250k in Indianapolis

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