Cheap homes for sale & real estate in 47040, IN

16 homes

Sort:

Recommended

ABOUT THIS HOME
Cheap Home for sale in 47040, IN:
Spacious 4-BR, 2-BA split-level home situated on a beautiful 3-acre level lot on Salem Ridge Road! This home offers plenty of room to spread out with a main-level living area, while the upper level features 3 BRs and a full BA. The lower level includes a 4th BR, 2nd full BA, and a cozy family room with fireplace and convenient access to the attached garage. Need even more space? The basement offers a versatile room that would make a great hobby room, craft room, or workshop, along with the laundry area and an outside entrance. Numerous updates over the years include remodeled BAs, vinyl windows, hardwood floors, exterior doors, and the addition of mini-split heating and cooling systems. Plu

$370,000

4 beds2 baths2,221 sq ft

2147 Salem Ridge Rd, Rising Sun, IN 47040

3 acre level lot • Vinyl windows • One year old roof

ABOUT THIS HOME
Cheap Home for sale in 47040, IN:
Bring your vision, this current floral business has been a fixture in Rising Sun since 1976. Home is currently all flower shop but has the possibility of transitioning back to a residence or live upstairs and run your business downstairs. The green houses are huge at 40X50 with heat and a new roof in 2021. The property also includes a 30X40 steel shop with a concrete floor, electric and walk in cooler. Double dare ya to find another acre of property with just the barn and the greenhouses at this price? Yep the house/flower shop is nearly free. Bring the vision!

$199,900

3 beds1.5 baths1,721 sq ft

1319 S.r. 262, Rising Sun, IN 47040

Green houses • Steel shop • Concrete floor

ABOUT THIS HOME
Cheap Home for sale in 47040, IN:
Great opportunity in downtown Rising Sun! This 4-bedroom, 1-bath home offers 1,872 sq. ft. on just over acre with a 24x30' pole barn. Major updates include a newer furnace, A/C, and guttersall less than a year old, plus a roof installed in 2019. The home has been well insulated and remodeling has already begun, giving the next owner a great head start! Features include two main-level bedrooms, two upstairs, and an enclosed front porch. Conveniently located near Rising Sun High School and the Ohio Riverfront. Sold AS-IS with tons of potentialbring your finishing touches and make it your own!

$157,900

4 beds1 bath1,872 sq ft

230 S Mulberry St St, Rising Sun, IN 47040

Newer furnace • Newer a/c • Well insulated

ABOUT THIS HOME
Cheap Home for sale in 47040, IN:
Discover peaceful country living in this charming 3-bedroom, 1.5-bath farmhouse situated on 5 acres with a detached 3 car pole barn garage. Offering classic rural character and plenty of room to make it your own, the home features comfortable living spaces, a functional floor plan, and scenic views of the surrounding countryside. The expansive acreage provides endless possibilities for gardening, animals, recreation, a hobby farm, or simply enjoying extra privacy and open space.

$299,900

3 beds1.5 baths1,768 sq ft

4221 Dutch Ridge Rd, Rising Sun, IN 47040

Expansive acreage • Scenic views • 5 acre lot

OPEN SUN, 12PM TO 2PM

ABOUT THIS HOME
Cheap Home for sale in 47040, IN:
MOTIVATED SELLERS! NEW ACREAGE ADDED - NOW 10+ACRES! See photo of included acreage and owners are willing to negotiate to fit your needs. This custom build home on 10 acres now includes both ponds. If you have been waiting for a home that gives you space, character, and a little slice of your own private paradise, this custom-built 2-story home deserves a spot at the top of your list. Sitting on 10 beautiful acres with a pond right out your front door, and another to the side of the house right outside the walkout basement, this is the kind of setting that makes you want to slow down, stay awhile, and enjoy where you live. Inside, the spacious living room immediately steals the show with so

$450,000

3 beds2.5 baths4,354 sq ft

14571 Oatman Hill Rd, Rising Sun, IN 47040

Covered front porch • A pond • Unfinished basement

Property at 122 South Walnut St, Rising Sun, IN 47040, 4 beds, 1.5 baths

$239,900

4 beds1.5 baths2,448 sq ft

122 South Walnut St, Rising Sun, IN 47040

Property at 109 S Walnut St, Rising Sun, IN 47040, 3 beds, 3 baths

$238,000

3 beds3 baths3,770 sq ft

109 S Walnut St, Rising Sun, IN 47040

Property at 14365 State Road 250, Rising Sun, IN 47040, 3 beds, 2 baths

$342,900

3 beds2 baths1,536 sq ft

14365 State Road 250, Rising Sun, IN 47040

Property at 208 2nd St, Rising Sun, IN 47040, 4 beds, 2 baths

$180,000

4 beds2 baths1,250 sq ft

208 2nd St, Rising Sun, IN 47040

Property at 321 2nd St, Rising Sun, IN 47040, 4 beds, 2 baths

$120,000

4 beds2 baths1,545 sq ft

321 2nd St, Rising Sun, IN 47040

Property at 0 State Route 56, Rising Sun, IN 47040

$95,000

Land9.47 acres (lot)

0 State Route 56, Rising Sun, IN 47040

Property at 0 Pepper Hill Dr, Rising Sun, IN 47040

$120,000

Land5.03 acres (lot)

0 Pepper Hill Dr, Rising Sun, IN 47040

Property at 3 Pepper Hill Dr, Randolph Township, IN 47040

$129,900

Land5.73 acres (lot)

3 Pepper Hill Dr, Randolph Township, IN 47040

Property at 0 Scotts Ridge Rd, Rising Sun, IN 47040

$57,500

Land4.94 acres (lot)

0 Scotts Ridge Rd, Rising Sun, IN 47040

Property at 4 Pepper Hl, Rising Sun, IN 47040

$129,900

Land5.73 acres (lot)

4 Pepper Hl, Rising Sun, IN 47040

Property at 2 Pepper Hill Dr, Randolph Township, IN 47040

$124,900

Land5.44 acres (lot)

2 Pepper Hill Dr, Randolph Township, IN 47040

Viewing page 1 of 1

End of results

Nearby homes that match your criteria

ABOUT THIS HOME
Cheap Home for sale in 47040, IN:
MOVE IN READY 3BR, 2BATH HOME LOCATED IN LOCATED IN GOLF CART FRIENDLY DILLSBORO, INDIANA. FENCED REAR YARD, 24X30 POLE BARN W/ ELECTRIC, STORAGE BUILDING. CONTACT LISTING BROKER FOR SHOWINGS 513-218-4808

$239,900

3 beds2 baths1,584 sq ft

12782 Main Street St, Dillsboro, IN 47018

Storage building • Fenced rear yard • 0.34 acre lot

ABOUT THIS HOME
Cheap Home for sale in 47040, IN:
Discover the charm and tranquility of this beautiful Honest Abe log home featuring 3 bedrooms, 2 full bathrooms, and 1.15 acres of scenic surroundings! Enjoy peaceful lake views creating the perfect setting for relaxing, entertaining, and enjoying the outdoors. The impressive 54' x 8' covered deck overlooks the water, offering a front-row seat to breathtaking views and peaceful evenings. A spacious detached 3-car garage adds incredible functionality, complete with concrete floors, electric and overhead garage doors-perfect for vehicles, hobbies, a workshop, or additional storage.

$299,900

3 beds2 baths1,384 sq ft

10814 State Rd. 250, Vevay, IN 47043

Lake views • 54 x 8 covered deck • Concrete floors

ABOUT THIS HOME
Cheap Home for sale in 47040, IN:
3 bedroom, 1 bath, ranch on 2.3 flat acres. Driveway on 2 roads; a county highway and state highway. Home has a full basement, 2 car attached garage, and a 24x48 detached garage with 14' doors. 2 yard sheds; 8x10 and 10x12. House has a brand new HVAC installed in June 2026, and new ductwork, as well as new insulation in the attic. Hardwood floors throughout with tile in the kitchen. 11x23 covered patio, and travel trailer/rv parking with electrical hookup. Close to Aurora or Rising Sun, with plenty of room for a garden. Buyer to check on zoning maybe have some other type plus residential Make this your dream home!

$299,900

3 beds1 bath1,152 sq ft

9910 State Road 56 N, Aurora, IN 47001

New hvac • New ductwork • 11x23 covered patio

ABOUT THIS HOME
Cheap Home for sale in 47040, IN:
A must see! A solid Ranch home in the quiet area of Dillsboro with original wood floors throughout. 3 Bedrooms, 2 Full Baths, with a Great Room added for watching sports with all your friends. This home allows you to move in and update as your budget allows. Lots of great storage and closets. The back patio is perfect for offering evening entertaining with a fire pit, hot tub and space to visit. Great neighborhood, large detached garage with workshop. This is a perfect gathering place for friends and family with space to spread out. Level property for easy mowing.

$225,000

3 beds2 baths1,440 sq ft

9847 Central Ave, Dillsboro, IN 47018

Ranch home • Hot tub • Original wood floors

ABOUT THIS HOME
Cheap Home for sale in 47040, IN:
Searching for a slice of land on the outskirts of town!? Check out this 3 bed 2 bath manufactured home in the beautiful countryside of Ohio County, Indiana situated on nearly 4 acres w/ room to roam! Full basement w/ an abundance of storage space or a blank canvas to add additional living space! New LVP flooring throughout! New mechanicals including furnace & water heater installed this past summer! First floor laundry! Large primary bedroom w/ adjoining bathroom! Schedule your private viewing today!

$238,500

3 beds2 baths1,664 sq ft

6472 Downey Ridge Rd, Dillsboro, IN 47018

3.99 acre lot • Built 2001 • Listed 27 days

ABOUT THIS HOME
Cheap Home for sale in 47040, IN:
Charming and spacious 4 bed, 2 bath home sitting on a larger CORNER lot! This well-maintained property offers a generous layout with plenty of room for both everyday living and entertaining. The updated kitchen provides a modern touch and functional space for cooking and gathering. Partially fenced in backyard! Small town living with close proximity to local amenities! Schedule your private showing today!

$213,000

4 beds2 baths2,644 sq ft

9935 Front St, Dillsboro, IN 47018

0.38 acre lot • Built 1925 • Listed 28 days

Property at 6710 Mcville Rd, Burlington, KY 41005, 1 bed, 0.5 baths

$169,000

1 bed0.5 baths3,096 sq ft

6710 Mcville Rd, Burlington, KY 41005

Property at 7408 E Laughery Creek Rd, Aurora, IN 47001, 3 beds, 2 baths

$427,000

3 beds2 baths1,776 sq ft

7408 E Laughery Creek Rd, Aurora, IN 47001

Property at 7571 Bakes Rd, Vevay, IN 47043, 2 beds, 2 baths

$220,000

2 beds2 baths1,295 sq ft

7571 Bakes Rd, Vevay, IN 47043

Property at 15585 N State Road 156, Patriot, IN 47038, 2 beds, 1 bath

$149,900

2 beds1 bath768 sq ft

15585 N State Road 156, Patriot, IN 47038

Property at 13312 Sycamore St, Dillsboro, IN 47018, 3 beds, 2.5 baths

$175,000

3 beds2.5 baths1,723 sq ft

13312 Sycamore St, Dillsboro, IN 47018

Property at 12900 North St, Dillsboro, IN 47018, 5 beds, 2.5 baths

$89,500

5 beds2.5 baths2,356 sq ft

12900 North St, Dillsboro, IN 47018

Property at 6816 Salem Ridge Rd, Aurora, IN 47001, 3 beds, 2 baths

$399,900

3 beds2 baths1,844 sq ft

6816 Salem Ridge Rd, Aurora, IN 47001

Property at 15839 State Road 156, Patriot, IN 47038

$149,000

Land20.00 acres (lot)

15839 State Road 156, Patriot, IN 47038

Property at 19300 State Rd 156, Patriot, IN 47038

$299,900

Land57.50 acres (lot)

19300 State Rd 156, Patriot, IN 47038

Property at 0 State Road 250, Bennington, IN 47011

$119,900

Land8.14 acres (lot)

0 State Road 250, Bennington, IN 47011

Property at 0 1 Sand Ridge Rd, Posey Township, IN 47038

$280,500

Land51.00 acres (lot)

0 1 Sand Ridge Rd, Posey Township, IN 47038

Property at 1 Hartford Pike, Aurora, IN 47001

$449,900

Land46.70 acres (lot)

1 Hartford Pike, Aurora, IN 47001

Property at 9264 Lower River Rd, Burlington, KY 41005, 2 beds, 1 bath

$100,000

Land2.39 acres (lot)

9264 Lower River Rd, Burlington, KY 41005

Property at 0 Hartford, Dillsboro, IN 47018

$420,000

Land39.10 acres (lot)

0 Hartford, Dillsboro, IN 47018

Based on information submitted to the MLS GRID as of Tue Oct 27 2026. 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 47040

There are currently 16 cheap homes for sale in 47040 at a median listing price of $330K. Some of these homes are "Hot Homes," meaning they're likely to sell quickly. Most homes for sale in 47040 stay on the market for 32 days. This map is refreshed with the newest listings in 47040 every 15 minutes.

In the past month, 5 homes have been sold in 47040. In addition to houses in 47040, there was also 1 condo, 0 townhouses, and 2 multi-family units for sale in 47040 last month. Find your dream home in 47040 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 47040 are local experts and are ready to answer your questions about properties, neighborhoods, schools, and the newest listings for sale in 47040. If you're looking to sell your home in the 47040 area, our listing agents can help you get the best price. Redfin is redefining real estate and the home buying process in 47040 with industry-leading technology, full-service agents, and lower fees that provide a better value for Redfin buyers and sellers.

More real estate resources for 47040, IN

Nearby Zip Codes

Cities

Nearby Zip Codes with Cheap Homes

Nearby Cities with Cheap Homes

More to explore in 47040, IN

How to buy a house in 47040, IN

How much house can I afford?

How to buy a house in 10 steps

First-time homebuyer's guide

See more home buying guides

Popular Markets in Indiana

Download the Redfin App on the Apple App Store

Download the Redfin App from the Google Play Store

Join us

Become an Agent

Get referrals

Careers

Find homes faster

About us

Find us

Subsidiaries

Affiliated Business

Countries

United States

Canada

Updated September 2025: By searching, you agree to the Terms of Use, and Privacy Policy.

Do not sell or share my personal information.

REDFIN and all REDFIN variants, WALK SCORE, and the R logos, are trademarks of Redfin Corporation, registered or pending in the USPTO.

California DRE #01521930

Redfin is licensed to do business in New York as Redfin Real Estate. NY Standard Operating Procedures

New Mexico Real Estate Licenses

TREC: Info About Brokerage Services, Consumer Protection Notice

All mortgage lending products and information are provided by Rocket Mortgage, LLC | NMLS #3030; www.NMLSConsumerAccess.org. Licensed in 50 states. This site is not authorized by the New York State Department of Financial Services for mortgage solicitation or loan applications activities related to properties located in the State of New York.

Redfin Corporation is an affiliated business of Rocket Limited Partnership. Each company, and their subsidiaries, are separate legal entities operated and managed through its own management and governance structures.

If you are using a screen reader, or having trouble reading this website, please call Redfin Customer Support for help at 1-844-759-7732.

REDFIN IS COMMITTED TO AND ABIDES BY THE FAIR HOUSING ACT AND EQUAL OPPORTUNITY ACT. READ REDFIN'S FAIR HOUSING POLICY AND THE NEW YORK STATE FAIR HOUSING NOTICE.