Homes for sale under $400k in Indianapolis, IN

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ABOUT THIS HOME
Homes for sale under $400k in Indianapolis, IN
Welcome Home! Fully renovated 3-bedroom, 2.5-bath Ranch Home offering modern style and effortless living. Step inside to beautiful hardwood floors and an open-concept living area perfect for everyday living and entertaining. The magazine-worthy kitchen is the heart of the home, featuring a large island with seating, stainless steel appliances, and a versatile adjacent space ideal for a dining area or home workspace. The primary suite includes a private bath, while two additional bedrooms provide comfort and flexibility. Enjoy outdoor living in the fully fenced backyard, all tucked away on a quiet cul-de-sac. Unbeatable location with endless nearby amenities and quick, easy access to I-465 a

$400,000

3 beds2.5 baths1,576 sq ft

10640 Penn Dr, Carmel, IN 46280

Fully renovated • Private bath • Hardwood floors

NEW CONSTRUCTION

ABOUT THIS HOME
Homes for sale under $400k in Indianapolis, IN
LUXURY TOWNHOME/CONDO IN OLD NORTHSIDE | Welcome to Three19 - a unique offering featuring the best of condo living. Enjoy the oversized rooftop terrace and lounge w/ skyline views, secure deeded underground parking, an expansive gym w/ tree canopy sights, elevator & bike storage. As for Unit 206, it is 1 of only 3 townhome-style units in the development - with private entrances facing scenic New Jersey Street! This stunning 2-story unit features oversized windows, tons of natural light, an open-concept entertaining space & the ability to select the finishes you love to curate your own look. Base level finishes include hardwood flooring in the living spaces, high-end cabinetry, q

$400,000

2 beds2.5 baths1,510 sq ft

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

Hardwood flooring • Rooftop terrace • Private entrances

ABOUT THIS HOME
Homes for sale under $400k in Indianapolis, IN
Great investment opportunity generating excellent rental income. All 4 units with leases.

$400,000

4 beds4 baths2,200 sq ft

1534 N Grant Ave, Indianapolis, IN 46201

5,401 sq ft lot • Built 1925 • Listed 8 days

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

READY TO BUILD

ABOUT THIS HOME
Homes for sale under $400k in Indianapolis, IN
This two-story home is ideal for families and features a convenient first-floor bedroom, ideal for overnight guests, along with a private study and an open layout shared between the kitchen, dining area and Great Room. The second level includes a versatile loft surrounded by four spacious bedrooms-three of which feature walk-in closets. The upper-level owner's suite is complemented by an attached private bathroom.

$399,995

5 beds3 baths2,736 sq ft

Kingston Plan, Indianapolis, IN 46239

Walk-in closets • Open layout • Private study

Listing provided by Zillow

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 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 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 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 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 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 1632 Mccollough Ct, Indianapolis, IN 46260, 3 beds, 2 baths

$399,900

3 beds2 baths3,065 sq ft

1632 Mccollough Ct, Indianapolis, IN 46260

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 1313 Colere Pl, Indianapolis, IN 46202, 3 beds, 2.5 baths

$399,900

3 beds2.5 baths1,637 sq ft

1313 Colere Pl, Indianapolis, IN 46202

Listing provided by Zillow

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 44 S Bolton Ave, Indianapolis, IN 46219, 3 beds, 2.5 baths

$399,900

3 beds2.5 baths2,293 sq ft

44 S Bolton Ave, Indianapolis, IN 46219

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 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 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 234 N State Ave, Indianapolis, IN 46201, 4 beds, 3.5 baths

$399,000

4 beds3.5 baths2,574 sq ft

234 N State Ave, Indianapolis, IN 46201

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 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 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 5587 Goodwin St, Indianapolis, IN 46234, 5 beds, 2.5 baths

$399,000

5 beds2.5 baths3,240 sq ft

5587 Goodwin St, Indianapolis, IN 46234

Property at 1821 S East St, Indianapolis, IN 46225, 3 beds, 2.5 baths

$399,000

3 beds2.5 baths2,175 sq ft

1821 S East St, Indianapolis, IN 46225

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 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

Property at 1835 Applegate St, Indianapolis, IN 46203, 4 beds, 3 baths

$398,000

4 beds3 baths2,254 sq ft

1835 Applegate St, Indianapolis, IN 46203

Property at Monroe Plan, Indianapolis, IN 46239, 4 beds, 2.5 baths

$396,995

4 beds2.5 baths3,310 sq ft

Monroe Plan, Indianapolis, IN 46239

Listing provided by Zillow

Property at Washington Plan, Indianapolis, IN 46259, 5 beds, 3 baths

$396,990

5 beds3 baths3,170 sq ft

Washington Plan, Indianapolis, IN 46259

Listing provided by Zillow

Property at 6715 Henley Way, Indianapolis, IN 46221, 5 beds, 3 baths

$396,900

5 beds3 baths2,600 sq ft

6715 Henley Way, Indianapolis, IN 46221

Listing provided by Zillow

Property at 5735 N Sherman Ave, Indianapolis, IN 46220, 4 beds, 2 baths

$395,900

4 beds2 baths1,954 sq ft

5735 N Sherman Ave, Indianapolis, IN 46220

Property at 247-249 S Emerson Ave, Indianapolis, IN 46219, 3 beds, 2 baths

$395,000

3 beds2 baths2,772 sq ft

247-249 S Emerson Ave, Indianapolis, IN 46219

Property at 561 E 37th St, Indianapolis, IN 46205, 4 beds, 3 baths

$395,000

4 beds3 baths3,963 sq ft

561 E 37th St, Indianapolis, IN 46205

Property at 715 Ralston Rd, Indianapolis, IN 46217, 4 beds, 2 baths

$395,000

4 beds2 baths2,346 sq ft

715 Ralston Rd, Indianapolis, IN 46217

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

$395,000

4 beds2.5 baths2,701 sq ft

651 Eugene St, Indianapolis, IN 46208

Property at 1102 N Oakland Ave, Indianapolis, IN 46201, 7 beds, 7.5 baths

$395,000

7 beds7.5 baths7,250 sq ft

1102 N Oakland Ave, Indianapolis, IN 46201

Property at 325 Sanders St, Indianapolis, IN 46225, 3 beds, 2.5 baths

$395,000

3 beds2.5 baths2,580 sq ft

325 Sanders St, Indianapolis, IN 46225

Property at Oakmont Plan, Indianapolis, IN 46240, 3 beds, 2.5 baths

$394,990

3 beds2.5 baths2,071 sq ft

Oakmont Plan, Indianapolis, IN 46240

Listing provided by Zillow

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Based on information submitted to the MLS GRID as of Tue Dec 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 2372 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 66 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, 788 homes have been sold in Indianapolis. In addition to houses in Indianapolis, there were also 408 condos, 58 townhouses, and 220 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 $400k in Indianapolis, IN

Homes for sale under $400k in Indianapolis

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