Cheap homes for sale & real estate in 46938, IN

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ABOUT THIS HOME
Cheap Home for sale in 46938, IN:
Fixer-Upper with Great Potential in Jonesboro! This 2-bedroom, 1-bath home is ready for someone with vision to bring it back to life. Inside, you’ll find a living room, dining room, kitchen, and main-level laundry, plus an attached 2-car garage for easy parking and storage. There’s also a large enclosed porch—perfect for extra living space or a cozy sitting area once updated. One bedroom could potentially be on the lower level with the addition of a door for privacy. The home does need quite a bit of work, but with some care and creativity, it could truly shine again. Cash or rehab loan only will be considered.

$29,900

2 beds1 bath1,240 sq ft

903 S Water St, Jonesboro, IN 46938

Attached garage • Kitchen • Living room

ABOUT THIS HOME
Cheap Home for sale in 46938, IN:
Fabulous fixer-upper & investment opportunity! This 3-bedroom home with a possible 4th bedroom is full of potential and ready for your personal touches. Nestled in the heart of Jonesboro, it offers the charm of small-town living while being conveniently close to schools, parks, shopping, and restaurants. Major updates include a water heater (approx. 5 years old) and furnace (approx. 5 years old). Priced affordably with immediate possession, this property is a blank canvas ready for renovation, rental, or resale. Don't miss your chance to add value and maximize return!

$49,900

3 beds1 bath1,068 sq ft

206 S Main St, Jonesboro, IN 46938

Water heater • Major updates • Furnace

3D WALKTHROUGH

$399,900

5 beds3 baths3,600 sq ft

9503 S 600 E, Jonesboro, IN 46938

2.69 acre lot • 3 garage spots • Built 2017

ABOUT THIS HOME
Cheap Home for sale in 46938, IN:
Motivated Seller !! This beautifully remodeled home sits on a breathtaking 5-acre property featuring rolling hills, wooded areas, a fenced pasture, a pond, and an in-ground fenced pool—truly a nature lover’s dream. Inside, the home has a full finished walkout basement with an attached garage. Updates include brand-new carpeting, vinyl flooring, fully remodeled kitchen with new countertops, new cabinets, sink, new plumbing and flooring with brand new appliances, bathrooms have also been updated with modern vanities. The open-concept main level combines the living room, dining area, and kitchen, highlighted by four brand-new sliding glass doors that flood the home with natural lig

$349,900

4 beds3 baths2,808 sq ft

6644 E 750 S, Jonesboro, IN 46938

Remodeled kitchen • Fenced pasture • New countertops

ABOUT THIS HOME
Cheap Home for sale in 46938, IN:
BUYERS FINACING FELL THROUGH- BACK ON THE MARKET!!!! Charming 3-Bedroom Ranch with Inground Pool & Extra Garage Space! This well-maintained ranch offers comfort, character & plenty of extras. Inside, you’ll love the updated paint colors, gleaming hardwood floors, and crown molding that adds a touch of elegance throughout. The kitchen and living spaces flow easily, making it perfect for everyday living and entertaining. Step outside to your own backyard retreat! A privacy fence surrounds the inground pool, giving you a relaxing space to enjoy summer days. Along with a 1-car attached garage, this home also features a spacious 24x32 detached garage—ideal for extra stora

$189,900

3 beds1 bath988 sq ft

712 W 9th St, Jonesboro, IN 46938

Privacy fence • Inground pool • Backyard retreat

Property at 517 S Main St, Jonesboro, IN 46938, 2 beds, 1 bath

$62,900

2 beds1 bath1,083 sq ft

517 S Main St, Jonesboro, IN 46938

Property at 611 S Water St, Jonesboro, IN 46938, 3 beds, 2 baths

$99,900

3 beds2 baths1,776 sq ft

611 S Water St, Jonesboro, IN 46938

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ABOUT THIS HOME
Cheap Home for sale in 46938, IN:
Gorgeous all brick ranch home in the heart of Fairmount! What a wonderful location-tucked away in a quiet cul-de-sac surrounded by beautiful homes. You'll fall in love the moment you arrive! Step inside to a charming living room that opens into a spacious, open-concept kitchen, dining, and family room featuring a cozy fireplace. This home offers 3 comfortable bedrooms and 2 full baths. The kitchen has been completely remodeled and includes all appliances. Enjoy the amazing backyard with plenty of space to relax or play, plus a storage shed for convenience. A nice 2-car attached garage completes the package. You won't be disappointed-this one is move-in ready and absolutely delightful!

$189,900

3 beds2 baths1,408 sq ft

502 Seward Ln, Fairmount, IN 46928

0.34 acre lot • 2 garage spots • Car-dependent

NEW 1 DAY AGO

$184,900

2 beds2 baths1,186 sq ft

115 S Walnut St, Fairmount, IN 46928

8,712 sq ft lot • Somewhat walkable

ABOUT THIS HOME
Cheap Home for sale in 46938, IN:
Charming updated home featuring a farmouse vibe with modern comfort and character. Tall ceilings and sky lights bring in the natural light in the massive kitchen dining breafast area, offering plenty of room to gather and entertain by the fireplace. The main floor has a 4 season sunroom that can be used as a home office or downstairs play area. The owner's suite provides a private retreat with an en suite bathroom, featuring a soaking tub, stand up shower, and spacious closets. The three car 1150 sq ft garage provides ample room for vehicles, hobbies, or storage on almost a half acre Lot.

$239,900

3 beds2.5 baths2,478 sq ft

120 S Elm St, Fairmount, IN 46928

0.43 acre lot • 3 garage spots • Car-dependent

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ABOUT THIS HOME
Cheap Home for sale in 46938, IN:
Nestled on 5 scenic acres just outside city limits in Fairmount, this 3-bedroom, 2-bath home offers space, comfort, and country charm. Enjoy peaceful mornings on the covered front porch and take advantage of two pole barns - a 40x30 with 220 wiring, 10- and 8-foot doors, ideal for a workshop, and a 48x21 with a loft and wraparound porch, perfect for hobbies or storage. The property also includes a detached garage, chicken coop, basketball goal, and two outdoor well spigots for easy watering. Inside, you'll find 1,976 square feet of living space with a newer gas range and dishwasher, while outside a beautiful weeping willow and open acreage invite endless opportunities for outdoor activities

$275,000

3 beds2 baths1,976 sq ft

600 E 900 S, Fairmount, IN 46928

5 acre lot • 2 garage spots • Car-dependent

ABOUT THIS HOME
Cheap Home for sale in 46938, IN:
Great 3 or 4 bedroom, 2 story home in Point Isabel on an extra large corner lot. Updates include roof & siding (3/15), Septic & furnace (9/18), water softener (11/19), pressure tank (9/24), & sewer system (9/22). This home would make a lovely family home. Hardwood floors under the carpet in the original part of the house. Property to be sold as is.

$149,000

3 beds1 bath2,332 sq ft

8060 W 900 S, Fairmount, IN 46928

0.4 acre lot • Garage • Car-dependent

ABOUT THIS HOME
Cheap Home for sale in 46938, IN:
Location, location! Get excited!- Welcome home to this completely remodeled tri-level home conveniently located near all amenities in the hopping town of Gas City! All new big ticket items in 2025: gas furnace, central cooling, hot water heater, sump pump and drain with 15 yr warranty, flooring, all new kitchen cabinets, kitchen countertops and kitchen appliances, new doors and windows, bedroom closets, new light fixtures and fans, new garage doors and completely remodeled bathrooms with smart touch mirrors!! Third living space in finished basement could be used as a third bedroom, hobby room, office, recreational room, you name it! Main room on upper level has roof walkout with sliding doo

$199,000

3 beds2 baths1,959 sq ft

217 N 10th St, Gas City, IN 46933

8,276 sq ft lot • 2 garage spots • Somewhat walkable

Property at 328 W Jefferson St, Upland, IN 46911, 4 beds, 2.5 baths

$295,000

4 beds2.5 baths2,028 sq ft

328 W Jefferson St, Upland, IN 46911

Property at 5440 S Adams St, Marion, IN 42044, 2 beds, 2 baths

$209,900

2 beds2 baths1,616 sq ft

5440 S Adams St, Marion, IN 42044

Property at 6970 S Maple Dr, Marion, IN 46953, 3 beds, 1.5 baths

$199,000

3 beds1.5 baths1,503 sq ft

6970 S Maple Dr, Marion, IN 46953

Property at 312 E North C St, Gas City, IN 46933, 2 beds, 2 baths

$129,900

2 beds2 baths1,604 sq ft

312 E North C St, Gas City, IN 46933

Property at 1260 E 1050 South, Fairmount, IN 46928, 3 beds, 1.5 baths

$169,900

3 beds1.5 baths1,772 sq ft

1260 E 1050 South, Fairmount, IN 46928

Property at 521 Howard Ct, Fairmount, IN 46928, 4 beds, 2.5 baths

$219,900

4 beds2.5 baths1,940 sq ft

521 Howard Ct, Fairmount, IN 46928

Property at 953 Earl Dr, Upland, IN 46989, 3 beds, 1 bath

$284,900

3 beds1 bath1,656 sq ft

953 Earl Dr, Upland, IN 46989

Property at 117 W North F St, Gas City, IN 46933, 4 beds, 2.5 baths

$279,900

4 beds2.5 baths1,876 sq ft

117 W North F St, Gas City, IN 46933

Property at 220 E 950 Rd S, Fairmount, IN 46928, 3 beds, 1.5 baths

$179,900

3 beds1.5 baths1,056 sq ft

220 E 950 Rd S, Fairmount, IN 46928

Property at 3705 S 500 E, Marion, IN 46953, 5 beds, 2 baths

$339,900

5 beds2 baths2,522 sq ft

3705 S 500 E, Marion, IN 46953

Property at 20 Cobblestone Blvd, Gas City, IN 46933, 2 beds, 2 baths

$229,900

2 beds2 baths1,402 sq ft

20 Cobblestone Blvd, Gas City, IN 46933

Property at 1508 Glendale Dr, Marion, IN 46953, 3 beds, 1 bath

$159,900

3 beds1 bath1,389 sq ft

1508 Glendale Dr, Marion, IN 46953

Property at 614 E South A St, Gas City, IN 46933, 3 beds, 1 bath

$219,900

3 beds1 bath1,470 sq ft

614 E South A St, Gas City, IN 46933

Property at 624 E South F St, Gas City, IN 46933, 3 beds, 1 bath

$160,000

3 beds1 bath1,000 sq ft

624 E South F St, Gas City, IN 46933

Based on information submitted to the MLS GRID as of Thu Oct 23 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 46938

There are currently 7 cheap homes for sale in 46938 at a median listing price of $152K. Some of these homes are "Hot Homes," meaning they're likely to sell quickly. Most homes for sale in 46938 stay on the market for 36 days. This map is refreshed with the newest listings in 46938 every 15 minutes.

In the past month, 2 homes have been sold in 46938. In addition to houses in 46938, there were also 0 condos, 0 townhouses, and 1 multi-family unit for sale in 46938 last month. Find your dream home in 46938 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 46938 are local experts and are ready to answer your questions about properties, neighborhoods, schools, and the newest listings for sale in 46938. If you're looking to sell your home in the 46938 area, our listing agents can help you get the best price. Redfin is redefining real estate and the home buying process in 46938 with industry-leading technology, full-service agents, and lower fees that provide a better value for Redfin buyers and sellers.

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