Homes for sale under $400k in Indianapolis, IN

2,721 homes

Sort:

Price (high to low)

ABOUT THIS HOME
Homes for sale under $400k in Indianapolis, IN
Welcome to 517 Weghorst Street! This charming two-story home offers 3 bedrooms, 3 full bathrooms, and 2,568 sq. ft. of living space on a 5,706 sq. ft. lot. Built in 1925, it blends character with modern updates. The vaulted-ceiling living room creates a bright, open gathering space, while the kitchen features shaker cabinets for timeless style and practical storage. The primary suite includes a private bath with a walk-in shower for a spa-like feel. With generous space inside and out, this home is move-in ready and waiting for new memories to be made.

$400,000

3 beds3 baths2,862 sq ft

517 Weghorst St, Indianapolis, IN 46203

Private bath • Shaker cabinets • Walk-in shower

ABOUT THIS HOME
Homes for sale under $400k in Indianapolis, IN
Spacious and thoughtfully designed, this two-story home offers a flexible floor plan to accommodate a variety of living needs. The main level includes a bright morning room adjacent to the kitchen, ideal for casual meals or coffee with a view. With a total of 7 bedrooms and 3 full bathrooms, plus powder room - the home provides plenty of private space for family members or guests. Upstairs, a large loft adds an extra living area suitable for a media room, play space, or home office. The laundry room is conveniently located and features built-in cabinetry, a utility sink, and shelving for organized storage. The finished basement includes 9-foot ceilings, a second kitchen with full appliances

$400,000

7 beds3.5 baths4,502 sq ft

7407 Ponderosa Pines Ln, Indianapolis, IN 46239

Large loft • Custom built deck • Finished basement

ABOUT THIS HOME
Homes for sale under $400k in Indianapolis, IN
Located in a small, quiet neighborhood south of Geist Reservoir, this two-story, 4-bedroom, 2.5 bath home features an oversized 2 car garage and large covered front porch. With laminate hardwood floors throughout the first floor, as well as all new interior and exterior paint and brand-new carpet on the second floor, this home is move-in ready! The large kitchen includes ample cabinet storage connected to an open concept hearth room with a cozy wood-burning brick fireplace. The kitchen is complete with granite countertops and granite center island, tile backsplash, and stainless-steel appliances. The large formal living and dining rooms provide the perfect setting for entertaining. Upstairs

$400,000

4 beds2.5 baths2,946 sq ft

7855 Indian Pointe Dr, Indianapolis, IN 46236

Large deck • Granite countertops • Tile backsplash

$400,000

3 beds2 baths2,784 sq ft

3943 Graceland Ave, Indianapolis, IN 46208

Extra backyard space • Patio and fire pit • Additional lot

ABOUT THIS HOME
Homes for sale under $400k in Indianapolis, IN
Welcome Home to Modern Comfort & Midtown Charm! Step into this fully updated four Bedroom home in the heart of Midtown - where timeless character meets modern convenience. A spacious Front Porch sets the tone, welcoming you & guests into a bright, inviting entryway filled with warmth & natural light. Inside, enjoy the perfect blend of open-concept living and classic charm. The spacious Living Room, complete w/ a cozy Fireplace, flows seamlessly into the Dining Area and Chef's Kitchen - ideal for entertaining or relaxing w/ family. The Kitchen features newer cabinetry, granite countertops, a large island, updated appliances & a walk-in pantry, making it a true centerp

$400,000

4 beds2.5 baths3,141 sq ft

3832 Carrollton Ave, Indianapolis, IN 46205

Landscaped backyard • Soaking tub • Large walk-in closet

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 319 E 16th St #206, Indianapolis, IN 46202, 2 beds, 2.5 baths

$400,000

2 beds2.5 baths1,510 sq ft

319 E 16th St #206, Indianapolis, IN 46202

Property at 827 S Randolph St, Indianapolis, IN 46203, 3 beds, 2.5 baths

$400,000

3 beds2.5 baths2,196 sq ft

827 S Randolph St, Indianapolis, IN 46203

Property at 11611 Capistrano Dr, Indianapolis, IN 46236, 4 beds, 2.5 baths

$399,999

4 beds2.5 baths2,948 sq ft

11611 Capistrano Dr, Indianapolis, IN 46236

Property at Kingston Plan, Indianapolis, IN 46239, 5 beds, 3 baths

$399,995

5 beds3 baths2,736 sq ft

Kingston Plan, Indianapolis, IN 46239

Listing provided by Zillow

Property at 5744 Birtz Rd, Indianapolis, IN 46216, 3 beds, 2.5 baths

$399,990

3 beds2.5 baths2,130 sq ft

5744 Birtz Rd, Indianapolis, IN 46216

Property at 5736 Birtz Rd, Indianapolis, IN 46216, 3 beds, 2.5 baths

$399,990

3 beds2.5 baths2,218 sq ft

5736 Birtz Rd, Indianapolis, IN 46216

Property at 5756 Birtz Rd, Indianapolis, IN 46216, 3 beds, 2.5 baths

$399,990

3 beds2.5 baths2,130 sq ft

5756 Birtz Rd, Indianapolis, IN 46216

Property at 1902 Zwingley St, Indianapolis, IN 46203, 2 beds, 2.5 baths

$399,990

2 beds2.5 baths2,018 sq ft

1902 Zwingley St, Indianapolis, IN 46203

Property at 7008 Myra Way, Indianapolis, IN 46239, 5 beds, 3 baths

$399,950

5 beds3 baths2,578 sq ft

7008 Myra Way, Indianapolis, IN 46239

Property at 5813 Grandvista Dr, Indianapolis, IN 46234, 4 beds, 4.5 baths

$399,900

4 beds4.5 baths5,484 sq ft

5813 Grandvista Dr, Indianapolis, IN 46234

Property at 2151 N College Ave, Indianapolis, IN 46202, 3 beds, 2.5 baths

$399,900

3 beds2.5 baths1,948 sq ft

2151 N College Ave, Indianapolis, IN 46202

Listing provided by Zillow

Property at 607 N Lasalle St, Indianapolis, IN 46201, 5 beds, 3 baths

$399,900

5 beds3 baths3,260 sq ft

607 N Lasalle St, Indianapolis, IN 46201

Property at 350 N Meridian St #705, Indianapolis, IN 46204, 2 beds, 2.5 baths

$399,900

2 beds2.5 baths1,702 sq ft

350 N Meridian St #705, Indianapolis, IN 46204

Property at 10236 Arctic Edge Dr, Indianapolis, IN 46239, 5 beds, 3 baths

$399,900

5 beds3 baths3,030 sq ft

10236 Arctic Edge Dr, Indianapolis, IN 46239

Property at 827 E Minnesota St, Indianapolis, IN 46203, 4 beds, 2 baths

$399,900

4 beds2 baths2,295 sq ft

827 E Minnesota St, Indianapolis, IN 46203

Property at 8229 Ebaugh Dr, Camby, IN 46113, 5 beds, 3 baths

$399,900

5 beds3 baths2,782 sq ft

8229 Ebaugh Dr, Camby, IN 46113

Property at 6851 Mimosa Ln, Indianapolis, IN 46259, 4 beds, 2.5 baths

$399,900

4 beds2.5 baths2,316 sq ft

6851 Mimosa Ln, Indianapolis, IN 46259

Property at 5515 N College Ave, Indianapolis, IN 46220, 2 beds, 1 bath

$399,900

2 beds1 bath2,156 sq ft

5515 N College Ave, Indianapolis, IN 46220

Property at 2332 Central Ave, Indianapolis, IN 46205, 3 beds, 2.5 baths

$399,900

3 beds2.5 baths3,050 sq ft

2332 Central Ave, Indianapolis, IN 46205

Property at 7278 Hartington Pl, Indianapolis, IN 46259, 4 beds, 2.5 baths

$399,900

4 beds2.5 baths4,068 sq ft

7278 Hartington Pl, Indianapolis, IN 46259

Property at 611 Crossfield Ct, Indianapolis, IN 46239, 5 beds, 2.5 baths

$399,900

5 beds2.5 baths3,067 sq ft

611 Crossfield Ct, Indianapolis, IN 46239

Property at 3922 N Park Ave, Indianapolis, IN 46205, 3 beds, 1.5 baths

$399,900

3 beds1.5 baths2,996 sq ft

3922 N Park Ave, Indianapolis, IN 46205

Property at 361 Country Woods Dr, Indianapolis, IN 46217, 3 beds, 2 baths

$399,500

3 beds2 baths2,395 sq ft

361 Country Woods Dr, Indianapolis, IN 46217

Property at 3645 N Delaware St, Indianapolis, IN 46205, 4 beds, 3 baths

$399,500

4 beds3 baths2,736 sq ft

3645 N Delaware St, Indianapolis, IN 46205

Property at 2364 N Pennsylvania St, Indianapolis, IN 46205, 3 beds, 2.5 baths

$399,000

3 beds2.5 baths3,270 sq ft

2364 N Pennsylvania St, Indianapolis, IN 46205

Property at 4810 Central Ave, Indianapolis, IN 46205, 3 beds, 1.5 baths

$399,000

3 beds1.5 baths1,972 sq ft

4810 Central Ave, Indianapolis, IN 46205

Property at 215 E 15th St, Indianapolis, IN 46202, 3 beds, 3.5 baths

$399,000

3 beds3.5 baths2,292 sq ft

215 E 15th St, Indianapolis, IN 46202

Property at 322 W 47th St, Indianapolis, IN 46208, 3 beds, 2.5 baths

$399,000

3 beds2.5 baths2,828 sq ft

322 W 47th St, Indianapolis, IN 46208

Property at 7154 Bruin Dr, Indianapolis, IN 46237, 4 beds, 2.5 baths

$399,000

4 beds2.5 baths3,540 sq ft

7154 Bruin Dr, Indianapolis, IN 46237

Property at 1652 Roosevelt Ave, Indianapolis, IN 46218, 2 beds, 2 baths

$399,000

2 beds2 baths1,008 sq ft

1652 Roosevelt Ave, Indianapolis, IN 46218

Property at 815 E 16th St, Indianapolis, IN 46202, 2 beds, 2 baths

$399,000

2 beds2 baths1,629 sq ft

815 E 16th St, Indianapolis, IN 46202

Property at 543 N Oakland Ave, Indianapolis, IN 46201, 4 beds, 6 baths

$399,000

4 beds6 baths3,528 sq ft

543 N Oakland Ave, Indianapolis, IN 46201

Property at 1637 Towe String Rd, Indianapolis, IN 46217, 4 beds, 3 baths

$399,000

4 beds3 baths2,602 sq ft

1637 Towe String Rd, Indianapolis, IN 46217

Property at 715 Kessler Blvd Dr E, Indianapolis, IN 46220, 3 beds, 1.5 baths

$399,000

3 beds1.5 baths2,448 sq ft

715 Kessler Blvd Dr E, Indianapolis, IN 46220

Property at 213 E 15th St, Indianapolis, IN 46202, 3 beds, 3.5 baths

$399,000

3 beds3.5 baths2,292 sq ft

213 E 15th St, Indianapolis, IN 46202

Viewing page 1 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 $400k in Indianapolis

There are currently 2721 homes for sale under $400k 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 $400k in Indianapolis, IN

Homes for sale under $400k in Indianapolis

More real estate resources for Indianapolis, IN

Zip Codes

Neighborhoods

Nearby Cities

More to explore in Indianapolis, IN

How to buy a house in Indianapolis, IN

Popular Markets in Indiana