Greenwood Homes under $500,000

Greenwood Homes under $500,000

Welcome to Greenwood, Indiana – a vibrant city nestled in the heart of Johnson County, just a stone's throw from the bustling metropolis of Indianapolis. Known for its friendly community atmosphere and rich history, Greenwood offers a perfect blend of suburban charm and urban convenience. With a variety of parks, recreational facilities, and family-friendly events, it's no wonder that Greenwood has become a sought-after destination for families, young professionals, and retirees alike.

One of the most appealing aspects of Greenwood is its diverse real estate market, particularly homes priced under $500,000. Here, you’ll find an array of options that cater to different lifestyles and preferences. From charming single-family homes with spacious yards to modern townhouses that offer low-maintenance living, there is something for everyone. Many of these homes feature contemporary designs, updated kitchens, and ample outdoor space, making them ideal for entertaining or simply enjoying quiet evenings at home.

Greenwood's strategic location provides easy access to major highways, making commuting to Indianapolis a breeze. Residents can take advantage of the city's excellent schools, numerous shopping centers, and a variety of dining options that cater to all tastes. Whether you're looking to enjoy a leisurely day at the local parks or explore the vibrant downtown area, Greenwood has it all.

Discover your dream home in Greenwood, where affordability meets community spirit, and create lasting memories in this welcoming city!

Newest Greenwood Homes under $500,000

969 Stonegate
$270,000
3 Beds ⋅ 2 Baths ⋅ 46142 Zip Code
Discover the inviting charm of 969 Stonegate in Greenwood, IN. This 2302 square foot single family residence, built in 1976, is ready to move into and offers a comfortable, multi-level living experience across its three stories. The heart of this home is an open plan kitchen, seamlessly connecting with the living room. It's equipped with stainless steel appliances, ready for culinary adventures and entertaining. The living room itself provides a cozy ambiance, centered around a fireplace, perfect for gathering and relaxation. Beyond the interior, this split-level home also benefits from an attached garage, providing practical storage and parking solutions. Schedule your private viewing to experience the comfortable lifestyle this property offers. All room Sizes and total Square Feet should be confirmed by the buyer .

969 Stonegate

Listing courtesy of Values Driven Realty, Inc..

1456 Stormhaven
$429,900
5 Beds ⋅ 3 Baths ⋅ 46143 Zip Code
Walkout basement on a corner lot in a family-friendly neighborhood, ready for your growing or established family to call home! Freshly painted throughout, this spacious home offers plenty of room for everyone. Deck freshly painted. The roof was replaced in (2021), and the recently remodeled kitchen and new vinyl plank flooring throughout the main level add a fresh, modern touch. All appliances stay! As you enter, the main level welcomes you with an office/flex room, followed by a spacious living room that flows into the kitchen and dining area. A convenient half bath completes the main level. Upstairs, you'll find 4 bedrooms along with 2 full bathrooms, providing plenty of space for family and guests. The walkout basement features 1 bedroom, an extra room, and unfinished space that offers an opportunity to create your own hangout area, recreation room, or additional living space.

1456 Stormhaven

Listing courtesy of eXp Realty, LLC.

2489 Harvest Moon Drive
$249,000
3 Beds ⋅ 3 Baths ⋅ 46143 Zip Code
Welcome to this spacious 2-story home offering 3 bedrooms, 2.5 bathrooms, and 1,903 square feet of living space! Enjoy a welcoming floor plan with generous living areas and a cozy fireplace, perfect for gathering and relaxing. Step outside to the wood deck overlooking the backyard, offering additional space for entertaining or unwinding outdoors. An attached garage adds convenient parking and storage. Schedule your showing today! One or more photos may have been virtually staged.

2489 Harvest Moon Drive

Listing courtesy of Mainstay Brokerage LLC.

3239 Beaksedge Road
$435,580
3 Beds ⋅ 2 Baths ⋅ 46143 Zip Code
Experience easy, low-maintenance living in the Meadow floorplan by Pulte Homes, located within the popular Sagebriar by Del Webb 55+ community. Thoughtfully designed for everyday comfort, this ranch home offers a bright, open-concept layout with seamless flow between the kitchen, dining area, and gathering room. The chef-inspired kitchen features a spacious island perfect for casual dining or entertaining, complemented by elegant Carrara Trigato quartz countertops, creamy white 42" cabinetry, and stainless steel appliances. A beautiful sunroom extends the living space, creating the perfect spot to enjoy natural light throughout the day. Tucked away for privacy, the Owner's Suite features a large walk-in closet, dual-sink vanity, and a luxurious tiled shower. Two secondary bedrooms provide versatility for overnight guests, a home office, fitness room, or creative workspace. An extended garage offers additional room for storage, tools, recreational equipment, or seasonal decor. Combining stylish finishes, functional design, and the amenities of an active-adult community, this home is ready to fit a variety of lifestyles. The Sagebriar by Del Webb community is where lifestyle takes center stage. Residents enjoy TV streaming and internet included, plus convenient seasonal opening and closing of irrigation systems. The resort-style amenities include indoor and outdoor pools, a state-of-the-art fitness center, pickleball and bocce ball courts, and a clubhouse featuring social programming led by a full-time Lifestyle Director. A high-tech simulation room offers virtual golf and other sports, while miles of walking trails, pocket parks, and a dog park encourage an active, outdoor lifestyle. Sagebriar by Del Webb offers the perfect blend of tranquility, activity, and convenience. Photos of similar model.

3239 Beaksedge Road

Listing courtesy of Pulte Realty of Indiana, LLC.

1183 Red Tail Court
$295,000
3 Beds ⋅ 2 Baths ⋅ 46143 Zip Code
Easy one-level living on a corner cul-de-sac lot, where the HOA handles lawn care, irrigation and snow removal so weekends stay your own. The open kitchen anchors the main living space with a gas range (a 240V outlet is already in place if you prefer to cook electric), stainless appliances and a breakfast bar that looks into the living room, with a slider out to the patio. A separate office with glass-front display cabinets that stay makes a real work-from-home or hobby room. The split bedroom layout gives the primary suite its own side of the home, with a tiled walk-in shower, and the Elfa closet systems convey. Recent updates include an electric water heater under a year old, and the owned water softener stays. The garage adds a storage system and EV charging installed in 2024. As an end unit, it enjoys a wide side and back lawn, with the patio right off the living room.

1183 Red Tail Court

Listing courtesy of Mark Dietel Realty, LLC.

703 Trent Drive
$409,900
4 Beds ⋅ 3 Baths ⋅ 46143 Zip Code
There is something special about a home that has been loved and cared for by the same owners from the very beginning. This one owner Greenwood home has been meticulously maintained, and you can feel that care from the moment you step inside. The main level offers an easy, comfortable flow with engineered hardwood floors, fresh paint, two living spaces, and a gas fireplace that makes you want to settle in and stay awhile. The kitchen sits at the heart of the home, with a formal dining room nearby for dinners, holidays, and gathering together. Upstairs, four bedrooms give everyone room to settle in, including a spacious primary suite with a walk in closet and updated bath. And there is even more waiting downstairs. The full unfinished basement offers plenty of room for storage today with the flexibility to become whatever fits your next chapter. Step outside and the experience continues. Mature trees create a private feeling backdrop for the composite deck, two gazebos, and multiple places to sit, gather, or simply enjoy the backyard. Back inside, updated bathrooms, new patio doors, main level laundry, and an extended two car garage are just a few of the thoughtful details that make everyday living here easy. After 26 years with its original owners, 703 Trent Drive has been lovingly cared for and is ready for its next chapter. Could it be yours?

703 Trent Drive

Listing courtesy of F.C. Tucker Company.

348 W Wiley Street
$299,000
3 Beds ⋅ 2 Baths ⋅ 46142 Zip Code
Located in the heart of historic Downtown Greenwood, this recently renovated home offers the perfect combination of character, convenience, and flexibility. Just minutes from local restaurants, shops, parks, and everything the revitalized downtown area has to offer, the location is hard to beat, with convenient access to US-31 and I-65. (Redfin) Previously operated as a successful mid-term rental, the home is being sold fully furnished, making it an excellent opportunity for an investor or a buyer looking for a truly move-in-ready property. Inside, you'll find an updated interior with plenty of charm and comfortable living space. Outside, enjoy a spacious backyard along with a large detached two-car garage offering plenty of room for parking, storage, or additional workspace. Whether you're looking for your next home, a furnished rental opportunity, or a property near one of Greenwood's most active and walkable areas, this one offers a unique combination of location, updates, and versatility.

348 W Wiley Street

Listing courtesy of eXp Realty, LLC.

1045 Bent Branch Lane
$403,000
5 Beds ⋅ 3 Baths ⋅ 46143 Zip Code
Built in 2022, this Greenwood two-story home offers quartz countertops, and a two-car garage. Included 100-Day Home Warranty with buyer activation

1045 Bent Branch Lane

Listing courtesy of Opendoor Brokerage LLC.

973 Thornwood Drive
$350,000
4 Beds ⋅ 3 Baths ⋅ 46143 Zip Code
BRENTWOOD- 4500 sqft TWO STORY + BASEMENT & In-Ground SWIMMING POOL; 4 BED 2.5 BATH; Heart of Center Grove & tons of square footage and plenty to enjoy inside and outside. MAIN~ KITCHEN: Eat-In, Center Island, SS Refrigerator, Plenty of Countertop Space & Cabinets, Pantry & view out to backyard + pool area and BREAKFAST NOOK; FAMILY ROOM: Open to entertain, open concept to Kitchen & Brkfst Nook; DINING ROOM; LIVING ROOM: Excellent front-room, carpeted; LAUNDRY: on main, washer & dryer included; UP~ 4 Nice-sized BEDROOMS & 2 Full Baths including MASTER: Vaulted Ceiling, En Suite with Garden Tub, Full Separate Shower, Dual Sinks, Walk-In Closet; BEDS 2-3-4: Full Bath & Tub/Shower, Large Closets, Lots of Space; BASEMENT~ 1100 sqft; Finished with BONUS ROOM/EXERCISE ROOM?STORAGE/UTILITY + Rough-In for FULL BATH; OUTSIDE: 2 CAR GARAGE: Finished, Epoxy Floor, Great Storage; COVERED FRONT PORCH; Concrete Driveway; OUT BACK: InGround Pool w/ Electric Cover; Custom DECK w Rails; Full FENCED Backyard including Privacy Fence & Chainlink with gates; LOCATION: tucked into the neighborhood, close to school, Easy to I69 exit at Smith Valley, Shopping, Restaurants, Grocery, and more; LOW HOA & taxes reduce with Homestead, Total ELECTRIC & Easy to Maintain.

973 Thornwood Drive

Listing courtesy of Jeff Paxson Team.

2716 Liam Place
$361,540
4 Beds ⋅ 3 Baths ⋅ 46143 Zip Code
Lincoln Place is a new community of single-family homes from Lennar's Venture Collection. Just a short drive from downtown, residents enjoy easy access to local dining, shopping, and entertainment, along with nearby parks like City Center Park and Old City Park for outdoor recreation. On the first floor of this new two-story home is an open-concept layout shared among the modern kitchen, lovely dining room and a welcoming Great Room with backyard access, perfect for seamless everyday living and multitasking. In a corner is a peaceful bedroom for versatile needs. Upstairs is a generously sized loft surrounded by two secondary bedrooms and a spacious owner's suite. A 4' extension in the garage adds extra storage! *Photos/Tour of model may show features not selected in home.

2716 Liam Place

Listing courtesy of Compass Indiana, LLC.

888 Drummond Court
$411,190
5 Beds ⋅ 3 Baths ⋅ 46143 Zip Code
Lincoln Place is a new community of single-family homes from Lennar's Venture Collection. Just a short drive from downtown, residents enjoy easy access to local dining, shopping, and entertainment, along with nearby parks like City Center Park and Old City Park for outdoor recreation. The first level hosts the Great Room, kitchen and nook, which conveniently share an open floorplan. Also located on the first floor is flex space that could be used as a home office or for additional storage. A bonus room and all four bedrooms including a luxe owner's suite occupy the second level. A 4' extension in the garage adds extra storage! *Photos/Tour of model may show features not selected in home.

888 Drummond Court

Listing courtesy of Compass Indiana, LLC.

848 Briarstone Drive
$340,000
4 Beds ⋅ 3 Baths ⋅ 46143 Zip Code
A Standout Option at this Price Point! Well-maintained 2015 build offering approx. 2,510sqft of thoughtfully designed living space, a desirable open-concept floor plan, and an outdoor setting that truly sets this home apart. The standout feature is the pond-facing backyard. A fully fenced backyard opens to peaceful pond views with no home immediately behind the property, creating an uncommon sense of privacy and an inviting backdrop for everyday living. The bright 12x10 all-season sunroom provides the perfect place to enjoy the view year-round, while the finished 18x12.5 concrete patio extends the living and entertaining space outdoors. For those who enjoy fishing, this lot is ideal with the pond just beyond the fence. Inside, the main level features a 10ft ceiling and modern open layout, connecting the kitchen, dining, and living areas for comfortable everyday living and entertaining. The kitchen offers a center island, abundant cabinetry, large pantry, tile backsplash, and stainless-steel appliances. A dedicated front office provides a functional work-from-home space, while the upstairs offers 4 bedrooms, a versatile loft, and 2 full baths. Every bedroom features a walk-in closet. The oversized primary suite includes a vaulted ceiling, space for a sitting area, a large walk-in closet, and an en-suite bath with dual vanities, soaking tub, and separate shower. Recent improvements add value and peace of mind, including new upstairs carpeting (2026), a dimensional shingle roof and refreshed exterior trim and shutters (2022), a professionally installed black aluminum fence (2020), and the large finished concrete patio added in 2022. The oversized 2-car garage features a 4ft bump-out, providing valuable extra space for storage, a workshop, or a home gym. Conveniently located approx. 3min from the I-65 interchange. Easy access to Greenwood shopping, dining, everyday conveniences, and the greater Indianapolis metro area. Clark-Pleasant Schools. This one is a must-see

848 Briarstone Drive

Listing courtesy of Berkshire Hathaway Home.

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