Cheap homes for sale & real estate in Downtown Indianapolis, IN

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ABOUT THIS HOME
Cheap Home for sale in Downtown Indianapolis, IN:
LOCATION, LOCATION, LOCATION! Enjoy true downtown living at 721 E North Street, perfectly positioned in the middle of everything. This maintenance-free condo has been freshly updated with new interior paint and new carpet, complemented by hardwood floors, granite countertops, stainless steel appliances, and a front-load washer and dryer. The open layout features soaring ceilings and abundant natural light, along with two spacious ensuite bedrooms-ideal for guests, roommates, or a home office. Step outside to your private balcony, or take a short stroll: just 3 minutes to Bottleworks, 3 minutes to Mass Ave, 1 minute to St. Joseph's, and only a 1-minute drive to highway access. The secured bu

$299,900

2 beds2 baths960 sq ft

721 E North St Apt 1C, Indianapolis, IN 46202

Private balcony • Secured building • Open layout

NEW CONSTRUCTION

$448,200

1 bed1 bath995 sq ft

877 N East St #104, Indianapolis, IN 46202

$407 HOA • Garage • Built 2022

ABOUT THIS HOME
Cheap Home for sale in Downtown Indianapolis, IN:
Experience Timeless Urban Living in a Historic Landmark Discover a rare opportunity to own a piece of Indianapolis history at 802 N Meridian Street, Unit 204. Once a revered church, this iconic building has been thoughtfully transformed into a boutique condominium community where classic architecture meets modern comfort. Spanning 1,258 square feet, this beautifully designed residence features two spacious bedrooms and two full bathrooms, offering both style and functionality. Natural light pours through the grand windows, highlighting the character and craftsmanship of this distinctive space. Enjoy the ease of single-level living complemented by elevator access, and embrace the convenienc

$369,000

2 beds2 baths1,258 sq ft

802 N Meridian St #204, Indianapolis, IN 46204

Historic landmark • Grand windows • Single-level living

ABOUT THIS HOME
Cheap Home for sale in Downtown Indianapolis, IN:
Beautifully and richly updated old world 2-bedroom 1 bath unit. Gated Parking for 2 cars. Water and Sewer included in HOA, a $130 value. Lovely deck on upper level. All appliances stay. Walk to Mass Ave, Walk back from Mass Ave art district. We can close as fast as you want. Special financing available for qualified applicants.

$200,000

2 beds1 bath797 sq ft

108 E Saint Clair St Apt G, Indianapolis, IN 46204

Lovely deck • Gated parking • $451 HOA

ABOUT THIS HOME
Cheap Home for sale in Downtown Indianapolis, IN:
VIEWS! This incredible unit will leave you speechless! This 2-bedroom 2 full bath unit in the historic Glove Factory has so much to offer. Exposed brick & industrial beams run throughout the unit. The open floor plan is perfect for entertaining guests & friends. Updated kitchen has newer appliances. Living room is flooded with natural light, floor to ceiling windows & shows off an amazing skyline view of your favorite city. Your friends will be so jealous!!! Master bedroom also has skyline views & is connected to an updated master bathroom. Spectacular views in every room. Enjoy the rooftop terrace for an even better scenic experience. Dedicated parking space include

$440,000

2 beds2 baths1,503 sq ft

430 N Park Ave N #412, Indianapolis, IN 46202

Open floor plan • Skyline view • Exposed brick

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 230 E 9th St Apt 109, Indianapolis, IN 46204, 1 bed, 1 bath

$125,000

1 bed1 bath518 sq ft

230 E 9th St Apt 109, Indianapolis, IN 46204

Property at 802 N Park Ave, Indianapolis, IN 46202, 2 beds, 1 bath

$300,000

2 beds1 bath1,267 sq ft

802 N Park Ave, Indianapolis, IN 46202

Property at 607 Lord St, Indianapolis, IN 46202, 2 beds, 1.5 baths

$364,000

2 beds1.5 baths2,208 sq ft

607 Lord St, Indianapolis, IN 46202

Property at 222 N East St #103, Indianapolis, IN 46204, 2 beds, 2.5 baths

$425,000

2 beds2.5 baths1,796 sq ft

222 N East St #103, Indianapolis, IN 46204

Property at 802 N Meridian St #205, Indianapolis, IN 46204, 1 bed, 1 bath

$325,000

1 bed1 bath910 sq ft

802 N Meridian St #205, Indianapolis, IN 46204

Property at 342 E Arch St, Indianapolis, IN 46202, 2 beds, 1.5 baths

$318,500

2 beds1.5 baths1,120 sq ft

342 E Arch St, Indianapolis, IN 46202

Property at 615 Fletcher Ave, Indianapolis, IN 46203, 2 beds, 2.5 baths

$354,900

2 beds2.5 baths2,085 sq ft

615 Fletcher Ave, Indianapolis, IN 46203

Property at 802 N Meridian St #207, Indianapolis, IN 46204, 1 bed, 1 bath

$267,000

1 bed1 bath965 sq ft

802 N Meridian St #207, Indianapolis, IN 46204

Property at 561 W 13th St, Indianapolis, IN 46202, 3 beds, 2 baths

$239,900

3 beds2 baths1,625 sq ft

561 W 13th St, Indianapolis, IN 46202

Property at 630 N College Ave N #404, Indianapolis, IN 46204, 2 beds, 2 baths

$410,000

2 beds2 baths1,260 sq ft

630 N College Ave N #404, Indianapolis, IN 46204

Property at 383 E Arch St, Indianapolis, IN 46202, 2 beds, 1.5 baths

$359,900

2 beds1.5 baths1,120 sq ft

383 E Arch St, Indianapolis, IN 46202

Property at 420 E Ohio St Unit A, Indianapolis, IN 46204, 1 bed, 1 bath

$234,900

1 bed1 bath756 sq ft

420 E Ohio St Unit A, Indianapolis, IN 46204

Property at 230 E 9th St #111, Indianapolis, IN 46204, 1 bed, 1 bath

$124,000

1 bed1 bath427 sq ft

230 E 9th St #111, Indianapolis, IN 46204

Property at 717 Noble St, Indianapolis, IN 46203, 2 beds, 1 bath

$329,900

2 beds1 bath1,939 sq ft

717 Noble St, Indianapolis, IN 46203

Property at 430 N Park Ave #104, Indianapolis, IN 46202, 2 beds, 2 baths

$375,000

2 beds2 baths1,462 sq ft

430 N Park Ave #104, Indianapolis, IN 46202

Property at 450 E Ohio St #321, Indianapolis, IN 46204, 2 beds, 2.5 baths

$374,000

2 beds2.5 baths1,536 sq ft

450 E Ohio St #321, Indianapolis, IN 46204

Property at 464 E St. Clair St, Indianapolis, IN 46202, 2 beds, 1.5 baths

$310,000

2 beds1.5 baths1,250 sq ft

464 E St. Clair St, Indianapolis, IN 46202

Property at 825 N Delaware St Unit 3C, Indianapolis, IN 46204, 2 beds, 2 baths

$240,000

2 beds2 baths932 sq ft

825 N Delaware St Unit 3C, Indianapolis, IN 46204

Property at 1002 N New Jersey St, Indianapolis, IN 46202, 2 beds, 2 baths

$289,000

2 beds2 baths1,801 sq ft

1002 N New Jersey St, Indianapolis, IN 46202

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 741 Greer St, Indianapolis, IN 46203, 3 beds, 2.5 baths

$274,900

3 beds2.5 baths3,400 sq ft

741 Greer St, Indianapolis, IN 46203

Property at 230 E 9th St #611, Indianapolis, IN 46204, 1 bed, 1 bath

$122,900

1 bed1 bath500 sq ft

230 E 9th St #611, Indianapolis, IN 46204

Property at 441 N Park Ave #4, Indianapolis, IN 46202, 2 beds, 2 baths

$349,000

2 beds2 baths1,267 sq ft

441 N Park Ave #4, Indianapolis, IN 46202

Property at 225 N New Jersey St #48, Indianapolis, IN 46204, 2 beds, 2 baths

$369,999

2 beds2 baths1,558 sq ft

225 N New Jersey St #48, Indianapolis, IN 46204

Property at 110 Washington St #301, Indianapolis, IN 46204, 3 beds, 2 baths

$345,000

3 beds2 baths1,786 sq ft

110 Washington St #301, Indianapolis, IN 46204

Property at 324 E 7th St, Indianapolis, IN 46202, 2 beds, 1.5 baths

$354,000

2 beds1.5 baths1,120 sq ft

324 E 7th St, Indianapolis, IN 46202

Property at 877 N East St Unit 201A, Indianapolis, IN 46202, 1 bed, 1 bath

$379,999

1 bed1 bath940 sq ft

877 N East St Unit 201A, Indianapolis, IN 46202

Property at 727 N Illinois St #202, Indianapolis, IN 46204, 2 beds, 2.5 baths

$385,000

2 beds2.5 baths1,718 sq ft

727 N Illinois St #202, Indianapolis, IN 46204

Property at 747 E Mccarty St, Indianapolis, IN 46203, 3 beds, 2 baths

$254,900

3 beds2 baths2,215 sq ft

747 E Mccarty St, Indianapolis, IN 46203

Property at 315 E St Clair St, Indianapolis, IN 46202, 2 beds, 1.5 baths

$365,000

2 beds1.5 baths1,120 sq ft

315 E St Clair St, Indianapolis, IN 46202

Property at 141 S Meridian St #605, Indianapolis, IN 46225, 2 beds, 2 baths

$425,000

2 beds2 baths2,285 sq ft

141 S Meridian St #605, Indianapolis, IN 46225

Property at 732 W 12th St, Indianapolis, IN 46202, 3 beds, 1 bath

$189,900

3 beds1 bath963 sq ft

732 W 12th St, Indianapolis, IN 46202

Property at 635 E 10th St, Indianapolis, IN 46202, 1 bed, 1.5 baths

$299,000

1 bed1.5 baths1,094 sq ft

635 E 10th St, Indianapolis, IN 46202

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 230 E 9th St #502, Indianapolis, IN 46204, 1 bed, 2 baths

$160,000

1 bed2 baths854 sq ft

230 E 9th St #502, Indianapolis, IN 46204

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Based on information submitted to the MLS GRID as of Mon Nov 24 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 Downtown Indianapolis

There are currently 50 cheap homes for sale in Downtown Indianapolis at a median listing price of $425K. Some of these homes are "Hot Homes," meaning they're likely to sell quickly. Most homes for sale in Downtown Indianapolis stay on the market for 91 days and receive 1 offers. Popular neighborhoods include Lanikai Beach, West Indianapolis, Fountain Square, Bates-Hendricks, and North Side Indianapolis. This map is refreshed with the newest listings in Downtown Indianapolis every 15 minutes.

In the past month, 9 homes have been sold in Downtown Indianapolis. In addition to houses in Downtown Indianapolis, there were also 70 condos, 5 townhouses, and 2 multi-family units for sale in Downtown Indianapolis last month. Downtown Indianapolis is a fairly walkable neighborhood in Indianapolis with a Walk Score of 77. Downtown Indianapolis is home to approximately 14,587 people and 122,518 jobs. Find your dream home in Downtown 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 Downtown Indianapolis are local experts and are ready to answer your questions about properties, neighborhoods, schools, and the newest listings for sale in Downtown Indianapolis. If you're looking to sell your home in the Downtown Indianapolis area, our listing agents can help you get the best price. Redfin is redefining real estate and the home buying process in Downtown 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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