Most Affordable Homes for Sale in Indianapolis, IN Right Now
Last updated: March 3, 2025
Indianapolis has a median home sale price of $240K, a 7.4% increase from last year. Homes stay on the market for an average of 71 days and receive an average of 1 offers.
About this home
Attention Investors, Great Opportunity! Home is in Foreclosure/Receivership. All offers will require court approval so no weekend deadlines please. Home is being sold as is where is.
About this home
Investor Special - Full Rehab Needed! This 2-bedroom, 1-bath property on Indy's East Side is a serious investment opportunity for those ready to take on a full renovation. With solid potential and a prime location, this fixer-upper is perfect for an experienced investor looking to add value. Bring your vision, tools, and expertise-this one is a true project with big upside potential! Cash or hard money only. Room dimension approximate. Minimum EMD $3K. Wear Boots and Bring a power drill with star bits. Sold AS-IS, WHERE-IS.
About this home
Opportunity Awaits! Fire damaged home but the comps in the area make this property a good buy for an investor looking for their next project. Home sits on a corner lot. Could possibly be torn down and have a new home built on this lot. There's another new build a few houses down. With great potential, your next project is here.
About this home
Great low maintenance living with private patio and no views of a neighbor! This townhome features 3 bedrooms and 1.5 baths and it is a corner unit with attached unit only on one side. With a few cosmetic repairs and updates, this is functional and affordable living located near interstates, schools, restaurants, and shopping. Don't miss out at this price! The property is sold As-Is, Where-Is. Seller has no knowledge, buyer should perform their due diligence and make their own assessments.
About this home
Attention investors! Great Opportunity! This home has more square feet than it would appear. Home is in Foreclosure/Receivership. All offers will require court approval so no weekend deadlines please. Home is being sold as is where is.
About this home
Investor Opportunity, located close to the airport! Being sold as is. Property is in foreclosure/receivership. All offers are subject to Court Aproval.
About this home
Property has been a rental. Investors now is the time to own a property conveniently located to the airport. Property is in Foreclosure/Receivership and is being sold as is. All offers are Subject to Court Approval.
About this home
Investors! Home is in Foreclosure/Receivership. All offers will require Court Approval. Home is being sold As Is where is.
About this home
Low maintenance living at a great price with some needed repairs. This 2 bedroom bungalow has some main items complete like a newer roof and windows and newer furnace unit. The property has street parking and alley access as well. There would be room for a future garage. This would be a great rental or starter home. Remodel to your liking here with an open canvas. The home has easy access to Keystone, Fall Creek Pkwy, and 38th St. Come take a look!
About this home
Discover the charm and potential of this delightful 2-bedroom, 1-bath cottage-style home! Built in 1920, this property has stood the test of time and is still in great shape, radiating a cozy and inviting atmosphere. Inside, you'll find nicely sized rooms that offer a functional layout, ready for you to make it your own. While the home could benefit from some updates, it's the perfect canvas for anyone looking to add their personal touch and enhance its unique character. The spacious yard provides ample room for outdoor activities-whether you envision a garden, a play area, or a peaceful retreat, the possibilities are endless. Located in a convenient neighborhood in Indianapolis, this move-in-ready home offers both comfort and opportunity. It's ideal for those who appreciate a home with history and lots of potential. Don't miss the chance to see this charming property-come explore and imagine how you could make this space truly yours!