Indianapolis Homes under $250,000

Indianapolis Homes under $250,000

Welcome to Indianapolis, the vibrant capital city of Indiana, where rich history meets modern living! Nestled in Marion County, Indianapolis is renowned for its friendly atmosphere, diverse culture, and a thriving economy. Known as the “Crossroads of America,” this city offers easy access to major highways, making it an ideal location for both work and play. With a variety of attractions, including the iconic Indianapolis Motor Speedway, the beautiful White River State Park, and a bustling downtown filled with restaurants, shops, and entertainment, there’s something for everyone in this dynamic city.

For those seeking affordable housing options, Indianapolis has a wealth of homes available for under $250,000. Whether you are a first-time homebuyer, a growing family, or looking to invest, this market provides an array of charming properties that cater to various lifestyles. From cozy bungalows in established neighborhoods to contemporary townhomes in up-and-coming areas, you’ll find a home that fits your budget without compromising on quality or character.

The Indianapolis real estate market is not only affordable but also offers a promising investment opportunity. With a steady influx of new residents and a robust job market, homes in this price range are in high demand. Embrace the chance to own a piece of this thriving city and enjoy the benefits of a community that values growth, diversity, and connection. Explore your options today and discover the perfect home in Indianapolis, where your dreams of homeownership can come true!

Newest Indianapolis Homes under $250,000

9103 Cinnebar Drive
$160,000
2 Beds ⋅ 2 Baths ⋅ 46268 Zip Code
End-unit condo in North Willow Park offering a spacious two-story layout in Pike Township! A covered front porch welcomes you inside to a parquet entry and an open great room combining living and dining spaces beneath a vaulted ceiling. The impressive floor-to-ceiling brick wood-burning fireplace creates a striking focal point, while sliding doors off the dining area lead to a private patio. The kitchen features updated appliances, generous cabinetry, and convenient in-unit laundry, with a half bath completing the main level. Upstairs, an exceptionally spacious primary bedroom includes a large walk-in closet and direct access to the full dual-access bath, also accessible from the hallway for the second bedroom. An attached one-car garage with a new garage door adds everyday convenience. The HOA maintains the exterior and lawn and includes water and sewer, leaving more time to simply enjoy your home.

9103 Cinnebar Drive

Listing courtesy of Compass Indiana, LLC.

349 W 29th Street
$179,000
3 Beds ⋅ 2 Baths ⋅ 46208 Zip Code
Discover an inviting home at 349 W 29th ST, INDIANAPOLIS, IN, USA. Built in 1925, this 1579 square foot single-family residence is ready for you to move in, offering a comfortable and established living experience. The living room provides a welcoming atmosphere, centered around a classic fireplace, perfect for quiet evenings or lively gatherings. One of the well-appointed bathrooms features a convenient walk-in shower, blending functionality with modern comfort. This charming 1.5-story bungalow is further enhanced by an inviting porch, offering a pleasant space for relaxation. With 3 bedrooms and 2 full bathrooms, this property is designed for comfortable living. This home offers a unique opportunity to embrace a lifestyle of comfort and convenience; inquire today to experience it firsthand.

349 W 29th Street

Listing courtesy of Diverse Property Solutions Ind.

432 Chapel Hill West Drive
$239,995
3 Beds ⋅ 2 Baths ⋅ 46214 Zip Code
Updated 3-bedroom, 2-bath home on a quiet 0.30-acre cul-de-sac lot in the Chapel Hill community, Wayne Township schools. Inside, you'll find new luxury vinyl plank flooring, new carpet, and updated bathrooms, so it's ready for you to move in. The large lot gives you plenty of outdoor space for relaxing, gardening, or entertaining. There's also an attached 1-car garage for convenience and storage. The HOA is voluntary, so there are no mandatory fees. The dead-end street location is peaceful but still minutes from Ben Davis High School, I-465, and Avon shopping, including Costco, Target, and Walmart. Schedule your showing today!

432 Chapel Hill West Drive

Listing courtesy of House Counsel Realty.

3351 Kenwood Avenue N
$120,000
4 Beds ⋅ 2 Baths ⋅ 46208 Zip Code
Renovation opportunity in Crown Hill! This 4-bedroom, 1.5-bath home offers approximately 1,904 finished SqFt across two stories, with a basement providing additional storage. The home offers room for updates and personal touches, with potential to finish the attic for additional living space. A detached 1-car garage offers an additional improvement opportunity. Nearby renovated sales suggest potential resale value in the low-to-mid $200s after remodeling, depending on the improvements and market conditions. Ideally located minutes from the $4.3B IU Health hospital complex, the Children's Museum, and the 16 Tech innovation district, with new mixed-use investment underway at 34th & Illinois. An opportunity for a renovation project, a potential rental investment or a buyer looking to update a home and build equity."

3351 Kenwood Avenue N

Listing courtesy of Trueblood Real Estate.

6750 E 52nd Street
$159,900
3 Beds ⋅ 2 Baths ⋅ 46226 Zip Code
Welcome to this well-maintained 3-bedroom, 1.5-bath ranch in the established Brookhaven neighborhood of Lawrence Township. Offering approximately 1,248 square feet of comfortable one-level living, this move-in-ready home features a functional floor plan with a welcoming living room, bright eat-in kitchen and dedicated laundry/utility area. Just off the kitchen, an impressive family/bonus room provides a generous second living space with plenty of flexibility for relaxing, entertaining, a recreation area or everyday gatherings. The home has been nicely cared for over the years and is ready to enjoy while still offering opportunities for a new owner to add their own personal style and updates. Outside, a large, covered carport provides convenient protected parking, while the fenced backyard offers plenty of room for entertaining, gardening and other outdoor activities. A good-sized storage shed provides additional space for lawn equipment and seasonal items. Conveniently located near Fort Harrison State Park and area amenities, with easy access to shopping, dining, Indianapolis, Fishers and major highways, this Brookhaven ranch is ready to welcome it's next owner.

6750 E 52nd Street

Listing courtesy of Coldwell Banker - Kaiser.

8169 Whitaker Valley Boulevard
$230,000
3 Beds ⋅ 2 Baths ⋅ 46237 Zip Code
Welcome to this inviting 3-bedroom, 2-bathroom single-family home in the Whitaker Valley neighborhood of Perry Township. Offering just over 1,300 square feet of living space, this home features a functional floor plan, comfortable living areas, and plenty of space both inside and out. Upon arrival, you'll appreciate the 2-car attached garage, concrete driveway, and welcoming front porch. Step inside to an open entry area that flows into the spacious living room, featuring soaring cathedral ceilings and an adjoining dining area that creates an open and inviting atmosphere. Just steps away, the kitchen offers ample cabinetry and counter space for meal preparation, bright white appliances, and a convenient pantry for additional storage. The kitchen also provides easy access to the garage and backyard. Down the hallway, the primary suite offers a walk-in closet, private full bathroom with a tub/shower combination, and convenient access to the backyard and deck. Two additional bedrooms & a full bathroom provide flexible space for family, guests, a home office, or other needs. Outside, enjoy the fully fenced backyard and large deck-perfect for entertaining, relaxing, or enjoying time outdoors. Conveniently located just minutes from St. Francis Hospital, the amenities along US 31, and Greenwood shopping and dining. Don't miss the opportunity to make this well-located Perry Township home your own!

8169 Whitaker Valley Boulevard

Listing courtesy of T&H Realty Services, Inc..

3839 Hoyt Avenue
$196,900
3 Beds ⋅ 2 Baths ⋅ 46203 Zip Code
Charming, kitchy, and full of character-this well-maintained 3-bedroom, 1.5-bath home is nestled in a quiet, established neighborhood and offers the perfect blend of comfort and versatility. Beautiful hardwood floors and an open-concept layout create a warm, inviting atmosphere with seamless flow between living spaces. The spacious, fully fenced backyard is ideal for entertaining, pets, or simply enjoying added privacy. An oversized 2-car garage provides ample storage and flexibility-perfect for a workshop, hobby space, or additional parking. An additional parking space is located next to the garage. The clean, solid basement offers excellent storage and potential for future use. With three bedrooms and a functional layout, this home is well-suited for both owner-occupants and savvy investors. Its setup makes it a strong candidate for furnished, mid-term, or short-term rental opportunities. A unique blend of charm, practicality, and income potential-don't miss your opportunity to own this versatile home!

3839 Hoyt Avenue

Listing courtesy of My Agent.

840 S Addison Street
$60,000
46221 Zip Code
Great investment opportunity to build on this ample lot in an upcoming area. A 2 car garage currently sits on this lot. All utilities are accesible.

840 S Addison Street

Listing courtesy of AMR Real Estate LLC.

3724 Magenta Lane
$170,000
2 Beds ⋅ 2 Baths ⋅ 46214 Zip Code
Enjoy easy condo living in a great location! This well-maintained 2-bedroom, 2-bath condo offers a spacious layout, comfortable living spaces, and a peaceful wooded setting. The large Great Room is the centerpiece of the home, featuring vaulted ceilings and an open design that provides plenty of room for both living and dining. A distinctive hanging light fixture defines the dining area while keeping the space open and inviting. The generously sized kitchen offers plenty of cabinet and counter space, making it both functional and welcoming for everyday living or entertaining. The Primary Bedroom provides a private retreat with its own ensuite bath, while the additional bedroom and full bath offer flexibility for guests, a home office, or other needs. Step outside onto the private balcony and enjoy your morning coffee or unwind at the end of the day while overlooking the wooded area. A convenient storage closet just off the balcony provides additional space for outdoor items and storage. Located near beautiful Eagle Creek and with easy access to downtown Indianapolis, this condo combines a peaceful setting with convenient access to shopping, dining, recreation, and the city. A wonderful opportunity for those looking for comfortable, low-maintenance living in a convenient location!

3724 Magenta Lane

Listing courtesy of F.C. Tucker Company.

9430 Barr Drive
$184,900
4 Beds ⋅ 2 Baths ⋅ 46229 Zip Code
Welcome home to 9430 Barr Dr, a classic single-family residence offering generous living space and timeless appeal in Indianapolis! According to updated Marion County tax and assessment records, this property features 4 bedrooms, 1.5 bathrooms, and 1,841 square feet of functional interior living space set on a 0.20-acre lot (8,624 sq ft). Inside, bright main-level common areas feature a welcoming living room that flows seamlessly into a dedicated dining area and a practical central kitchen with ample cabinetry. All three well-proportioned bedrooms provide versatile options for family accommodations, guest space, or a home workspace, complemented by two full baths for daily convenience. Outside, enjoy off-street driveway parking, an attached garage, and a spacious backyard setting-ideal for outdoor relaxation or entertaining. Conveniently located near local schools, neighborhood parks, shopping, and major commuting routes into downtown Indianapolis

9430 Barr Drive

Listing courtesy of Trelora Realty.

3532 N Audubon Road
$144,900
3 Beds ⋅ 2 Baths ⋅ 46218 Zip Code
Welcome to 3532 N Audubon Rd! Located in the established Audubon Gardens neighborhood of Warren Township, this all-brick single-story ranch home offers 3 bedrooms, 1.5 bathrooms, and 1,120 sq ft of living space. The functional interior layout features a light-filled living room that connects smoothly to an eat-in kitchen area. Enjoy outdoor living on an 8,059 sq ft lot featuring a covered front entry stoop, concrete rear patio, fully/partially fenced backyard, and a 2-car detached garage with off-street driveway access. NO HOA fees! Conveniently located near local parks, schools, public transit, and quick commuter corridors to downtown Indianapolis.

3532 N Audubon Road

Listing courtesy of Trelora Realty.

916 S Huber Street
$165,000
2 Beds ⋅ 1 Baths ⋅ 46239 Zip Code
Room to spread out on just over an acre of mature shade trees, with easy one-level living inside. The open living and kitchen area has warm wood-paneled walls, a stone-look accent wall, white lower cabinets, wood-look vinyl flooring, ceiling fans and a built-in shelf niche. Two bedrooms with closets and warm neutral paint share a full bath with a tub and shower, and a roomy main-level laundry room keeps the washer and dryer, which stay along with the kitchen appliances. The detached two-car garage is heated and has an opener, with a covered storage bay on its side. The wide-open backyard has space for gardens, pets, projects or gatherings, with plenty of open ground to imagine what you might add, and a covered front porch, paver walkway and landscaped beds welcome you at the door.

916 S Huber Street

Listing courtesy of Mark Dietel Realty, LLC.

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