Cheap homes for sale & real estate in South Side Indianapolis, IN

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ABOUT THIS HOME
Cheap Home for sale in South Side Indianapolis, IN:
Great investor opportunity!!! This 2 bedroom bungalow was a total remodel about 12 years ago complete with new windows, siding, and roof. 2 bedrooms, 1 bath with a nice kitchen and laundry room. Rear deck off the back. fenced front yard and most of back yard is fenced. HVAC was replaced 10 years ago. Please allow 24 hours to show. Storage shed excluded form sale. Belongs to renters. Tenant occupied. Would like to stay if lease terms could be worked out.

$115,900

2 beds1 bath780 sq ft

1637 Hoefgen St, Indianapolis, IN 46203

New siding • Laundry room • Total remodel

3D WALKTHROUGH

ABOUT THIS HOME
Cheap Home for sale in South Side Indianapolis, IN:
If you're looking for modern living in the growing Bates-Hendricks neighborhood, look no further. This home was rebuilt from the studs up and features 3 generously sized bedrooms and 2.5 beautifully appointed baths, including a primary suite on the main level. Near the front of the home is a spacious gourmet kitchen, showcasing elegant quartz countertops and a central island. Just adjacent to this area is the living area - perfect for entertaining. The main-level primary suite will blow you away with its updated ensuite bathroom and dual expansive closets for all your storage needs. Enjoy outdoor relaxation on the massive 20x20 rooftop deck or the private balcony attached to the third bedro

$364,900

3 beds2.5 baths2,462 sq ft

515 Orange St, Indianapolis, IN 46203

Central island • Quartz countertops • Rooftop deck

NEW CONSTRUCTION

ABOUT THIS HOME
Cheap Home for sale in South Side Indianapolis, IN:
Expected completion scheduled for late January 2026. This is an affordable housing build developed by Southeast Neighborhood Development (SEND). Buyer's income must qualify under current HUD Income Limits. Property must be owner-occupied. INCOME RESTRICTIONS APPLY WITHOUT EXCEPTION! HUD HOME Program Income Limits - total combined household income of all members 18+ cannot exceed the following income thresholds: Household of 1: $57,650, Household of 2: $65,850, Household of 3: $74,100, Household of 4: $82,300, Household of 5: $88,900, Household of 6: $95,500. All buyers must apply at SEND (Southeast Neighborhood Development) website https://www. sendcdc.org/home-ownership and qualify before

$155,000

2 beds2 baths1,300 sq ft

1233 Vandeman St, Indianapolis, IN 46203

4,182 sq ft lot • Built 2025 • Listed 40 days

ABOUT THIS HOME
Cheap Home for sale in South Side Indianapolis, IN:
Welcome to 621 South Butler, Indianapolis, IN 46219 - a cozy and inviting 2-bedroom, 1-bathroom home offering comfort, character, and convenience. With 725 sq. ft. of living space, this property is the perfect choice for a first-time homebuyer, downsizer, or investor looking for a low-maintenance home in a great location. Inside, you'll find freshly painted walls and original hardwood floors that bring warmth and character throughout the main living areas. The home features a full-size basement, offering plenty of room for storage, hobbies, or the potential for additional living space. Step outside and enjoy a chain-link fenced backyard that's perfect for pets, kids, or entertaining. A stor

$125,000

2 beds1 bath1,450 sq ft

621 S Butler Ave, Indianapolis, IN 46219

Private driveway • Storage shed • Full-size basement

ABOUT THIS HOME
Cheap Home for sale in South Side Indianapolis, IN:
Nice investment property potential! Inside needs remodeling as was burned in fire. The inside is down to the studs. Needs plumbing, electrical, insulation & dry wall.

$150,000

3 beds2 baths2,388 sq ft

1846 Olive St, Indianapolis, IN 46203

4,617 sq ft lot • Built 1924 • Listed 98 days

Property at 1305 Lexington Ave, Indianapolis, IN 46203, 2 beds, 1 bath

$225,000

2 beds1 bath1,203 sq ft

1305 Lexington Ave, Indianapolis, IN 46203

Property at 3481 Capsella Ln, Indianapolis, IN 46203, 3 beds, 2.5 baths

$274,900

3 beds2.5 baths2,334 sq ft

3481 Capsella Ln, Indianapolis, IN 46203

Property at 2307 Werges Ave E, Indianapolis, IN 46237, 3 beds, 2 baths

$279,900

3 beds2 baths1,446 sq ft

2307 Werges Ave E, Indianapolis, IN 46237

Property at 811 Iowa St, Indianapolis, IN 46203, 2 beds, 2.5 baths

$259,999

2 beds2.5 baths1,466 sq ft

811 Iowa St, Indianapolis, IN 46203

Property at 1234 E Pleasant Run Parkway North Dr, Indianapolis, IN 46203, 2 beds, 2 baths

$219,900

2 beds2 baths1,115 sq ft

1234 E Pleasant Run Parkway North Dr, Indianapolis, IN 46203

Property at 2134 S Delaware St, Indianapolis, IN 46225, 3 beds, 3 baths

$205,000

3 beds3 baths1,680 sq ft

2134 S Delaware St, Indianapolis, IN 46225

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

$259,900

4 beds1.5 baths3,498 sq ft

1152 Churchman Ave, Indianapolis, IN 46203

Property at 129 E Southern Ave, Indianapolis, IN 46225, 2 beds, 1 bath

$195,000

2 beds1 bath1,442 sq ft

129 E Southern Ave, Indianapolis, IN 46225

Property at 517 Weghorst St, Indianapolis, IN 46203, 3 beds, 3 baths

$400,000

3 beds3 baths2,862 sq ft

517 Weghorst St, Indianapolis, IN 46203

Property at 2719 S Walcott St, Indianapolis, IN 46203, 3 beds, 1 bath

$170,000

3 beds1 bath1,146 sq ft

2719 S Walcott St, Indianapolis, IN 46203

Property at 1244 S Talbott St, Indianapolis, IN 46225, 3 beds, 2 baths

$299,000

3 beds2 baths1,624 sq ft

1244 S Talbott St, Indianapolis, IN 46225

Property at 1233 Union St, Indianapolis, IN 46225, 5 beds, 3 baths

$334,000

5 beds3 baths2,611 sq ft

1233 Union St, Indianapolis, IN 46225

Property at 415 Harlan St, Indianapolis, IN 46201, 3 beds, 2 baths

$164,500

3 beds2 baths2,440 sq ft

415 Harlan St, Indianapolis, IN 46201

Property at 1602 S Randolph St, Indianapolis, IN 46203, 3 beds, 2 baths

$220,000

3 beds2 baths1,933 sq ft

1602 S Randolph St, Indianapolis, IN 46203

Property at 301 National Ave, Indianapolis, IN 46227, 3 beds, 2.5 baths

$245,000

3 beds2.5 baths2,080 sq ft

301 National Ave, Indianapolis, IN 46227

Property at 1626 Lexington Ave, Indianapolis, IN 46203, 3 beds, 2 baths

$379,900

3 beds2 baths2,580 sq ft

1626 Lexington Ave, Indianapolis, IN 46203

Property at 1242 S Talbott St, Indianapolis, IN 46225, 2 beds, 2 baths

$295,000

2 beds2 baths1,624 sq ft

1242 S Talbott St, Indianapolis, IN 46225

Property at 1829 New St, Indianapolis, IN 46203, 2 beds, 1 bath

$179,900

2 beds1 bath974 sq ft

1829 New St, Indianapolis, IN 46203

Property at 6435 Birds Eye Dr, Indianapolis, IN 46203, 3 beds, 2 baths

$237,500

3 beds2 baths1,249 sq ft

6435 Birds Eye Dr, Indianapolis, IN 46203

Property at 1610 Ringgold Ave, Indianapolis, IN 46203, 2 beds, 1 bath

$194,990

2 beds1 bath850 sq ft

1610 Ringgold Ave, Indianapolis, IN 46203

Property at 710 Iowa St, Indianapolis, IN 46203, 3 beds, 2.5 baths

$350,000

3 beds2.5 baths2,488 sq ft

710 Iowa St, Indianapolis, IN 46203

Property at 35 S Bradley Ave, Indianapolis, IN 46201, 3 beds, 2.5 baths

$232,500

3 beds2.5 baths1,584 sq ft

35 S Bradley Ave, Indianapolis, IN 46201

Property at 1534 S State Ave, Indianapolis, IN 46203, 3 beds, 2 baths

$209,900

3 beds2 baths2,209 sq ft

1534 S State Ave, Indianapolis, IN 46203

Property at 1413 S New Jersey St, Indianapolis, IN 46225, 2 beds, 2 baths

$225,000

2 beds2 baths1,103 sq ft

1413 S New Jersey St, Indianapolis, IN 46225

Property at 350 E Minnesota St, Indianapolis, IN 46225, 4 beds, 2.5 baths

$340,000

4 beds2.5 baths2,566 sq ft

350 E Minnesota St, Indianapolis, IN 46225

Property at 203 S Arsenal Ave, Indianapolis, IN 46201, 3 beds, 3.5 baths

$399,000

3 beds3.5 baths1,950 sq ft

203 S Arsenal Ave, Indianapolis, IN 46201

Property at 903 E Pleasant Run Parkway South Dr, Indianapolis, IN 46203, 2 beds, 1 bath

$179,900

2 beds1 bath1,428 sq ft

903 E Pleasant Run Parkway South Dr, Indianapolis, IN 46203

Property at 801 Stover Ave, Indianapolis, IN 46227, 3 beds, 2 baths

$265,000

3 beds2 baths1,522 sq ft

801 Stover Ave, Indianapolis, IN 46227

Property at 1418 St Paul St, Indianapolis, IN 46203, 3 beds, 1 bath

$195,000

3 beds1 bath1,000 sq ft

1418 St Paul St, Indianapolis, IN 46203

Property at 51 S 5th Ave, Beech Grove, IN 46107, 2 beds, 1 bath

$187,600

2 beds1 bath1,440 sq ft

51 S 5th Ave, Beech Grove, IN 46107

Property at 1214 S Talbott St, Indianapolis, IN 46225, 3 beds, 2 baths

$295,000

3 beds2 baths1,638 sq ft

1214 S Talbott St, Indianapolis, IN 46225

Property at 2415 Finley Ave, Indianapolis, IN 46203, 3 beds, 1 bath

$180,000

3 beds1 bath1,148 sq ft

2415 Finley Ave, Indianapolis, IN 46203

Property at 1237 E Pleasant Run Parkway South Dr, Indianapolis, IN 46203, 2 beds, 1 bath

$169,000

2 beds1 bath1,344 sq ft

1237 E Pleasant Run Parkway South Dr, Indianapolis, IN 46203

Property at 1526 S East St, Indianapolis, IN 46225, 3 beds, 2.5 baths

$304,900

3 beds2.5 baths2,016 sq ft

1526 S East St, Indianapolis, IN 46225

Property at 2245 Union St, Indianapolis, IN 46225, 2 beds, 1 bath

$129,900

2 beds1 bath724 sq ft

2245 Union St, Indianapolis, IN 46225

Property at 1929 Prospect St, Indianapolis, IN 46203, 3 beds, 2 baths

$260,000

3 beds2 baths1,152 sq ft

1929 Prospect St, Indianapolis, IN 46203

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Based on information submitted to the MLS GRID as of Tue Dec 02 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.

Cheap Homes for Sale in South Side Indianapolis

There are currently 483 cheap homes for sale in South Side Indianapolis at a median listing price of $219K. Some of these homes are "Hot Homes," meaning they're likely to sell quickly. Most homes for sale in South Side Indianapolis stay on the market for 57 days and receive 2 offers. Popular neighborhoods include Lanikai Beach, Downtown Indianapolis, Fountain Square, Bates-Hendricks, and Irvington. This map is refreshed with the newest listings in South Side Indianapolis every 15 minutes.

In the past month, 116 homes have been sold in South Side Indianapolis. In addition to houses in South Side Indianapolis, there were also 12 condos, 11 townhouses, and 43 multi-family units for sale in South Side Indianapolis last month. Find your dream home in South Side 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 South Side Indianapolis are local experts and are ready to answer your questions about properties, neighborhoods, schools, and the newest listings for sale in South Side Indianapolis. If you're looking to sell your home in the South Side Indianapolis area, our listing agents can help you get the best price. Redfin is redefining real estate and the home buying process in South Side 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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