Cheap homes for sale & real estate in 47987, IN

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ABOUT THIS HOME
Cheap Home for sale in 47987, IN:
Tucked away at 800 W Us Highway 136, VEEDERSBURG, IN, prepare to be charmed by this residence, a delightful single-family residence in fantastic condition. Imagine whipping up culinary masterpieces in the kitchen, while visiting and entertaining guests with a center island! After dinner, retreat to the bedroom, where a touch of rustic elegance, perfectly complemented by the refined detail of crown molding, creating a serene and stylish sanctuary. This recently remodeled home is charming and full of character. This home offers the convenience of a laundry room, making chores a little less chore-like, plus the luxury of a walk-in closet, providing abundant space to organize your wardrobe. Wit

$249,000

3 beds2 baths1,720 sq ft

800 W Us Highway 136, Veedersburg, IN 47987

Stone countertops • Stovetop • Stylish backsplash

ABOUT THIS HOME
Cheap Home for sale in 47987, IN:
Charming 3-bedroom, 1-bath farmhouse offering approximately 1,340 square feet of updated living space on a 132' x 132' corner lot. This well-maintained Gable-Front & Wing-style home features a welcoming wraparound porch, crisp white exterior with black trim, and a newer standing-seam metal roof for years of durability. Inside, you’ll find a spacious kitchen with painted sage cabinetry, laminate countertops, vinyl plank flooring, and modern black appliances. The home’s neutral décor, new carpet, and remodeled bath provide a comfortable move-in-ready setting. The enclosed sunroom adds bright bonus space overlooking the backyard. A detached 2-car garage offers plenty o

$189,000

3 beds1 bath1,340 sq ft

400 E 8th St, Veedersburg, IN 47987

Enclosed sunroom • Spacious kitchen • Wraparound porch

ABOUT THIS HOME
Cheap Home for sale in 47987, IN:
This charming home is conveniently located near local businesses and just a short drive from I-74. With plenty of character both inside and out, this residence has much to offer-the interior features 2/3 bedrooms and two bathrooms, along with a beautifully updated kitchen. Recent updates include a new bathroom, fresh paint inside and out, new flooring, and brand-new appliances and cabinets. You can enjoy your morning coffee on one of the two covered porches. The full basement provides ample storage space and could be transformed into a great hangout spot, weight room, or storage area for canned goods. * Seller is offering a home warranty *

$147,500

2 beds2 baths2,176 sq ft

213 Chambers St, Veedersburg, IN 47987

Covered porches • New flooring • Full basement

ABOUT THIS HOME
Cheap Home for sale in 47987, IN:
Situated on a corner lot in Veedersburg, this recently updated residence is ready for you. This charming home includes 2 bedrooms, 1 full bathroom, an open-concept kitchen and living space, as well as a laundry room. You will not need to make any improvements to this property. Numerous new features are present, such as the roof, windows, flooring, countertops, and appliances (refrigerator, stove, and microwave hood).

$126,900

2 beds1 bath752 sq ft

500 W 2nd St, Veedersburg, IN 47987

Open-concept kitchen • Laundry room • New flooring

ABOUT THIS HOME
Cheap Home for sale in 47987, IN:
You don’t want to miss out on this cozy country retreat with room to grow, dream, and make it your own! This property has endless possibilities with several outbuildings and fences set up for animals, a large garden, several fruit trees, and so much more! You can create your very own homestead! The home itself has plenty of space for a growing family and to entertain! Call your favorite realtor to schedule your showing today!!

$325,000

5 beds3 baths3,070 sq ft

684 E Bonebrake Rd, Veedersburg, IN 47980

Fences for animals • Country retreat • Large garden

Property at 366 W 200 S, Veedersburg, IN 47987, 3 beds, 1.5 baths

$325,000

3 beds1.5 baths1,276 sq ft

366 W 200 S, Veedersburg, IN 47987

Property at 1450 S 400 E, Veedersburg, IN 47987, 3 beds, 2 baths

$160,000

3 beds2 baths1,404 sq ft

1450 S 400 E, Veedersburg, IN 47987

Property at 606 N Mill St, Veedersburg, IN 47987, 2 beds, 1.5 baths

$158,000

2 beds1.5 baths2,472 sq ft

606 N Mill St, Veedersburg, IN 47987

Property at 301 S Maple St, Veedersburg, IN 47987, 2 beds, 2 baths

$249,900

2 beds2 baths1,680 sq ft

301 S Maple St, Veedersburg, IN 47987

Property at 1018 E 8th St, Veedersburg, IN 47987, 3 beds, 2 baths

$130,000

3 beds2 baths1,295 sq ft

1018 E 8th St, Veedersburg, IN 47987

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ABOUT THIS HOME
Cheap Home for sale in 47987, IN:
A Must-See Home in the Heart of Covington! Discover this spacious and versatile home offering 3 official bedrooms and 3 full bathrooms, with the flexibility to utilize up to 5 bedrooms as it has been used in the past. The home with it's layout and spaciousness could be used in muliple ways, single family home, extended family or mother-in-law suite, or it could be split into apartments and be ideal for investors. Perfectly located in town, you'll enjoy being within walking distance to the park, community swimming pool, local eateries, and downtown businesses-a truly convenient lifestyle. Step inside to an inviting living room featuring a cozy gas fireplace, ideal for relaxing or entertain

$215,000

3 beds3 baths3,278 sq ft

918 2nd St, Covington, IN 47932

Local eateries • Inviting living room • Downtown businesses

ABOUT THIS HOME
Cheap Home for sale in 47987, IN:
Discover 15 expansive acres of pure potential—where wide-open skies meet a peaceful, country setting. At the heart of the property sits a welcoming 3-bedroom home, perfectly positioned for comfort and privacy. A spacious pole barn stands ready for your equipment, hobbies, or livestock, offering endless versatility. You’ll find gently rolling pastureland, ideal for grazing or gardening, along with a charming stream that adds both beauty and a sense of tranquility to the landscape. Whether your dreams include creating a small hobby farm, building out recreational trails, or simply enjoying the calm of the countryside, this property provides the freedom to make it your own. Don&rsq

$325,000

3 beds1 bath1,411 sq ft

1938 W Lake Hideway Rd, Kingman, IN 47942

Charming stream • Spacious pole barn • Expansive acres

ABOUT THIS HOME
Cheap Home for sale in 47987, IN:
Welcome to 816 Jefferson St in Covington, IN! This solid 4-bedroom, 2-bath brick home offers incredible potential and plenty of space to make it your own. Featuring a traditional layout, generous room sizes, and charming original details, this property is perfect for buyers looking to personalize a home with great bones. The detached garage provides convenient parking and storage, while the lot offers room to relax or garden. With some updating, this home can truly shine—don’t miss the chance to bring your vision to life in a desirable Covington location!

$139,000

4 beds2 baths1,508 sq ft

816 Jefferson St, Covington, IN 47932

Original details • Detached garage • 0.29 acre lot

ABOUT THIS HOME
Cheap Home for sale in 47987, IN:
This perfectly located tiny home in the making, has the most beautiful view at the private Lake Hide-a-way community. The place is framed, wired and plumbed, just waiting for you to finish it to your liking. This home is on a small inlet and has great access to the main part of the lake. Fish, boat, and swim at the 2 beaches that are just for residence of the community. For more information please contact your favorite realtor for a private showing

$90,000

0 beds— baths640 sq ft

1060 W Walnut Dr, Kingman, IN 47952

0.3 acre lot • Built 2023 • Listed 12 days

$125,000

2 beds1.5 baths1,638 sq ft

113 11th St, Covington, IN 47932

0.35 acre lot • Built 1900 • Listed 16 days

NEW CONSTRUCTION

ABOUT THIS HOME
Cheap Home for sale in 47987, IN:
New construction 3 bedroom, 2 bathroom ranch craftsman style home on a picturesque 2.3 acre property. Sits just outside the town of Covington and Veedersburg. Great layout with open concept living between the great room, kitchen and dining area. Cathedral ceiling. Bonus room for office or 4th bedroom if needed. Master bedroom suite with 2 walk-in closets and spacious master bath with an attractive tiled walk-in shower and double vanity. Still early enough in the building phase you may be able to customize several things like flooring and countertops. Kitchen includes stainless steel appliances, refrigerator, dishwasher, microwave, and stove. Solid surface countertops. Luxury vinyl wood grai

$322,900

3 beds2 baths1,826 sq ft

1604 S Layton Station Rd, Veedersburg, IN 47987

Open concept living • Tiled walk-in shower • New construction

Property at 1201 10th St, Covington, IN 47932, 3 beds, 3 baths

$415,000

3 beds3 baths2,582 sq ft

1201 10th St, Covington, IN 47932

Property at 1608 S Layton Station Rd, Veedersburg, IN 47987, 3 beds, 2 baths

$317,900

3 beds2 baths1,650 sq ft

1608 S Layton Station Rd, Veedersburg, IN 47987

Property at 116 S Range St, Newtown, IN 47969, 4 beds, 2.5 baths

$109,000

4 beds2.5 baths2,325 sq ft

116 S Range St, Newtown, IN 47969

(708) 560-1282

Property at 2540 W Grubb Ln, Troy Township, IN 47932, 3 beds, 2 baths

$359,000

3 beds2 baths2,026 sq ft

2540 W Grubb Ln, Troy Township, IN 47932

Property at 506 Park Ave Ave, Hillsboro, IN 47949, 3 beds, 2 baths

$230,000

3 beds2 baths2,240 sq ft

506 Park Ave Ave, Hillsboro, IN 47949

Property at 3148 S Coffing Brothers Rd, Kingman, IN 47952, 2 beds, 2 baths

$350,000

2 beds2 baths1,680 sq ft

3148 S Coffing Brothers Rd, Kingman, IN 47952

Property at 910 Vance Ct, Kingman, IN 47952, 3 beds, 2 baths

$315,000

3 beds2 baths1,824 sq ft

910 Vance Ct, Kingman, IN 47952

Property at 929 Washington St, Covington, IN 47932, 2 beds, 1 bath

$155,000

2 beds1 bath2,272 sq ft

929 Washington St, Covington, IN 47932

Property at 2532 W Grubb Ln, Covington, IN 47932, 3 beds, 2.5 baths

$364,000

3 beds2.5 baths2,007 sq ft

2532 W Grubb Ln, Covington, IN 47932

Property at 114 Red Oak Ln, Covington, IN 47932, 3 beds, 2 baths

$300,000

3 beds2 baths1,540 sq ft

114 Red Oak Ln, Covington, IN 47932

Property at 609 Jefferson St, Covington, IN 47932, 3 beds, 2.5 baths

$275,000

3 beds2.5 baths2,987 sq ft

609 Jefferson St, Covington, IN 47932

Property at 108 E High St, Wingate, IN 47994, 3 beds, 1 bath

$75,000

3 beds1 bath1,698 sq ft

108 E High St, Wingate, IN 47994

Property at 3523 Buckeye Dr, Kingman, IN 47952, 4 beds, 2 baths

$280,000

4 beds2 baths2,012 sq ft

3523 Buckeye Dr, Kingman, IN 47952

Property at 801 Washington St, Covington, IN 47932, 2 beds, 1.5 baths

$159,000

2 beds1.5 baths1,284 sq ft

801 Washington St, Covington, IN 47932

Based on information submitted to the MLS GRID as of Sun Dec 07 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 47987

There are currently 10 cheap homes for sale in 47987 at a median listing price of $160K. Some of these homes are "Hot Homes," meaning they're likely to sell quickly. Most homes for sale in 47987 stay on the market for 59 days. This map is refreshed with the newest listings in 47987 every 15 minutes.

In the past month, 2 homes have been sold in 47987. In addition to houses in 47987, there was also 1 condo, 0 townhouses, and 1 multi-family unit for sale in 47987 last month. Find your dream home in 47987 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 47987 are local experts and are ready to answer your questions about properties, neighborhoods, schools, and the newest listings for sale in 47987. If you're looking to sell your home in the 47987 area, our listing agents can help you get the best price. Redfin is redefining real estate and the home buying process in 47987 with industry-leading technology, full-service agents, and lower fees that provide a better value for Redfin buyers and sellers.

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