Sheridan Homes under $500,000

Sheridan Homes under $500,000

Welcome to Sheridan, Indiana—an enchanting small town nestled in the heart of Hamilton County. Known for its rich history and charming community spirit, Sheridan offers residents a delightful blend of rural tranquility and modern convenience. With its picturesque landscapes and friendly atmosphere, it's no wonder that families and individuals alike are drawn to this hidden gem.

As you explore Sheridan, you'll discover a vibrant community that values both tradition and progress. The town boasts beautiful parks, local shops, and a variety of recreational activities, making it an ideal place for families to thrive. The close-knit community hosts numerous events throughout the year, fostering a sense of belonging and connection among residents.

For those seeking a home in this idyllic setting, Sheridan presents an array of options under $500,000. Whether you’re looking for a cozy single-family home or a charming bungalow, the real estate market here offers diverse properties that cater to various lifestyles and budgets. With spacious yards, modern amenities, and inviting interiors, these homes provide the perfect backdrop for creating lasting memories.

Sheridan’s convenient location also means easy access to larger cities like Indianapolis, allowing residents to enjoy the best of both worlds—small-town living with big-city amenities just a short drive away. If you’re ready to find your dream home in a community that feels like family, Sheridan, Indiana, is waiting for you. Come and experience the warmth and charm that this wonderful town has to offer!

Newest Sheridan Homes under $500,000

22 E 206th
$95,000
2 Beds ⋅ 1 Baths ⋅ 46069 Zip Code
ATTENTION REHAB VISIONARIES, LAND-BANKERS & BUILDERS! Here is your chance to unlock serious opportunity in Hortonville, just outside the multi-million $ Chatham Hills neighborhood & the HOT town of Sheridan, positioned directly in the path of growth. This property sits close to the upcoming Ironstone Master Plan, a massive new Planned Unit Development, bringing hundreds of luxury single-family homes and townhomes to the forgotten burg of Hortonville. The heavy wave of new infrastructure and commercial investment heading this way will shift local values exponentially, sooner rather than later. Investors have total flexibility with two clear plays on this parcel. You can run a quick value-add rehab on the existing house to cash in on rental demand OR flip into a low-inventory market. Alternatively, clear the lot, land-bank the site, and sit back while surrounding mega-projects drive land values sky-high. Massive upside, flexible exit strategies, and a front-row seat to Hortonville's expansion make this a rare addition to any portfolio. Selling strictly AS-IS, WHERE-IS - bring your contractors, developers, or buy-and-hold funds. No value has been given to the structure, though it was inhabited until end of September, 2026, as a long-term rental. Inspections are FYI only, seller will entertain no repair requests. No AS IS Addendums or inspection contingencies - what you see is what you get. Sold for tear-down value, but what you can make of it is your perrogative.

22 E 206th

Listing courtesy of Carpenter, REALTORS®.

1473 Littleleaf Drive
$409,900
5 Beds ⋅ 3 Baths ⋅ 46069 Zip Code
An absolute must see upgraded elevation, 5 bedroom, (5th bedroom on main floor) 3 full bathrooms, spacious loft, upgraded gourmet kitchen, 3 car garage with a longer driveway and many more upgrades built in 2022. The heart of this home is its open floor plan gourmet kitchen, seamlessly flowing into the family room that is just flooded with natural light, a great dining room with an added dry bar! The large kitchen boasts upgraded stainless steel appliances, a wall oven/microwave combo and an electric range/oven for 2 ovens perfect for entertaining, beautiful ceramic backsplash and gleaming quartz countertops! A generously sized island with plenty of room for barstools, featuring an undermount sink, provides both a functional workspace and a central gathering point. A dedicated, extended pantry offers tons of storage solutions. A great mudroom with a bench and a place to store shoes & backpacks! All upstairs bedrooms have generous, walk in closets! Upstairs features a spacious loft and 4 additional bedrooms! The spacious primary bedroom has a gorgeous bath with 2 sinks in an elevated vanity & tiled walk in shower! Another upgrade is an extended 20'x12 concrete patio perfect for patio furniture, grills and outdoor entertaining with a great, private view! The 4' black aluminum fence is great for children and pets! This great location is just minutes from everything the area has to offer!

1473 Littleleaf Drive

Listing courtesy of Homeward Bound Realty LLC.

24413 Godby Street
$344,900
4 Beds ⋅ 2 Baths ⋅ 46069 Zip Code
Discover the Chatham by D.R. Horton, America's Builder-a floorplan that has become a favorite for those seeking the perfect balance of style, space, and single-level convenience. This home offers an expansive 1,771 square feet of living space, featuring 4 spacious bedrooms and 2 elegant bathrooms designed to accommodate modern lifestyles with ease. The heart of the Chatham is its open-concept living area, which creates a seamless flow between the kitchen, dining, and great room. The main living spaces are finished with durable solid surface flooring, providing a sleek look that is exceptionally easy to maintain. The gourmet kitchen is a chef's dream, boasting beautiful cabinetry, a walk-in pantry, and a large built-in island that serves as the perfect hub for meal prep or casual morning coffee. Privacy is a priority in this layout. Three generous secondary bedrooms are located toward the front of the home, while the primary suite is tucked away at the rear for maximum tranquility. This private retreat features a massive walk-in closet and a luxury ensuite bath. Outside, the covered back patio offers a shaded sanctuary for weekend BBQs or relaxing summer evenings with friends. The Chatham also comes equipped with America's Smart Home Technology. This integrated system includes a smart video doorbell, a programmable Honeywell thermostat, a secure smart door lock, and Deako light switches, keeping you connected to your home from anywhere. Photos are representative of plan and may vary as built.

24413 Godby Street

Listing courtesy of DRH Realty of Indiana, LLC.

24468 Godby Street
$404,900
5 Beds ⋅ 3 Baths ⋅ 46069 Zip Code
This thoughtfully designed two-story floorplan features 5 bedrooms and 3 bathrooms and provides an even more expansive open-concept living area designed for those who value both communal gathering and quiet personal retreats. The foyer opens into a grand great room to further enhance the home's airy and light-filled atmosphere. At the center of the home is a chef-inspired kitchen that boasts a massive central island with an eating bar, premium appliances, and a walk-in pantry, flowing naturally into a dedicated dining space and the primary living zone. The increased footprint allows for a highly desirable split-bedroom design, ensuring the primary suite remains a secluded sanctuary at the rear of the house. This lavish master retreat is expansive with walk-in closets, and an ensuite bathroom equipped with a double-sink vanity, a soaking tub, and a separate walk-in shower. On the other side of the home, the two additional bedrooms are generously sized and offer large closets, providing flexibility for use as children's quarters, guest suites, or a spacious home office. Many variations of this 2,904 sq. ft. plan also incorporate a flex room or mudroom near the entry, adding a layer of organizational convenience for modern families. Practical features are seamlessly integrated, including a dedicated laundry room and an oversized garage that offers substantial storage or project space. Outdoor living is a core focus, with the interior great room extending out to a covered rear porch or screened-in patio, ideal for al fresco dining and entertaining. This home is often finished with energy-efficient materials and smart home technology, ensuring that the 2,904 square feet feel as smart and efficient as they are luxurious. Photos are representative of plan and may vary as built.

24468 Godby Street

Listing courtesy of DRH Realty of Indiana, LLC.

1102 Maple Run Drive
$349,900
4 Beds ⋅ 3 Baths ⋅ 46069 Zip Code
Ready to experience smaller-town living and true Hoosier hospitality? Welcome to the bright & cheery 4 bed 2.5 bath residence that is 1102 Maple Run Drive, Sheridan! As if the town itself were not charming enough, just wait until you step inside this traditional two-story beauty. From the moment you walk into the stone tiled foyer, this home's unique character is apparent. Elegant pillars and decorative ceilings demand much deserved attention. The open kitchen is a culinary enthusiast's playground from the open gas range to the double ovens. The center island is perfect for entertaining guests while preparing meals. The large family room features a modern gas fireplace accented by a custom wooden mantel. Built in bookshelves loom in what is being utilized as a regal home office. The main level laundry room provides plenty of countertop space for folding and cabinetry for additional storage. Under the stairs storage space has been repurposed & turned into a cozy pet room. The huge loft provides plenty of space for a home entertainment area, giant play room, or truly anything your heart might desire! The vast master bedroom is filled with natural light and has plenty of sitting room in front of its large windows. The master bathroom features a vanity with double sinks and a spacious walk-in closet. Out back is a patio space perfect for cooking out and hosting company to enjoy the weather and water views! Its finished garage provides protected year-round parking from the elements, in addition to the driveway and guest street parking. Located in Hamilton county, this home is within the Sheridan Community School system.

1102 Maple Run Drive

Listing courtesy of Prime Real Estate.

24425 Godby Street
$359,450
3 Beds ⋅ 2 Baths ⋅ 46069 Zip Code
The Muncie floorplan beautifully elevates ranch-style living, offering 1,818 square feet of meticulously utilized, single-story space. Featuring 3 bedrooms and 2 bathrooms, this upgraded layout provides an expansive open-concept design that perfectly balances communal gathering with quiet retreats. The welcoming foyer opens directly into a grand great room, enhancing the home's airy, light-filled atmosphere. At the heart of the home is a chef-inspired kitchen boasting a large central island with an eating bar, premium appliances, and a walk-in pantry. This culinary hub flows naturally into a dedicated dining space and the primary living zone, making it perfect for entertaining. The footprint allows for a desirable split-bedroom configuration, ensuring maximum privacy. The primary suite serves as a secluded sanctuary tucked away at the rear of the home. This lavish retreat features an expansive bedroom, a deep walk-in closet, and a luxurious ensuite bathroom equipped with a double-sink vanity and a separate walk-in shower. On the opposite side of the home, two additional bedrooms are generously sized, providing flexibility for children's quarters, guest suites, or a private home office. Daily features are seamlessly integrated, including a dedicated laundry room and an oversized garage that offers substantial storage or project space. Outdoor living is a core focus; the great room extends to a covered rear porch, perfect for al fresco dining or entertaining. Finished with energy-efficient materials and smart home technology, this layout feels as smart and efficient as it is luxurious. Photos are representative of plan and may vary as built.

24425 Godby Street

Listing courtesy of DRH Realty of Indiana, LLC.

24438 Godby Street
$329,000
3 Beds ⋅ 2 Baths ⋅ 46069 Zip Code
The Aria II is a thoughtfully designed single-story home that masterfully blends modern open-concept living with functional private spaces across its 1,601 square feet. This ranch-style floorplan offers a seamless flow from the moment you step through the charming covered front entry into a bright foyer. The heart of the home is a spacious great room, which opens generously into a kitchen and a dedicated dining area, making it an ideal setting for both daily family life and large-scale entertaining. The kitchen is a standout feature, typically centered around a large counter-height island that provides additional prep space and casual bar-style seating, often complemented by sleek stainless steel appliances, quartz countertops, and a walk-in pantry for ample storage. Privacy is a priority in the Aria 2's layout, which utilizes a popular split-bedroom design. The luxurious primary suite is tucked away at the rear of the home, offering a quiet sanctuary complete with a large walk-in closet and a spa-like ensuite bathroom featuring a double-sink vanity and a spacious shower. On the opposite side of the main living area, two additional well-sized bedrooms share a second full bathroom, providing a perfect setup for children, guests, or a versatile home office. Large windows throughout these spaces ensure the home is filled with natural light, enhancing the airy and inviting atmosphere. Practicality is woven into every corner of the plan, from the conveniently located laundry room situated near the garage entry to the attached two-car garage that offers plenty of room for vehicles and storage. Outdoor living is equally emphasized, with a covered rear porch or lanai that extends the living space into the backyard, perfect for al fresco dining or evening relaxation. With its efficient use of square footage, modern amenities like integrated smart home technology, and a design that caters to a wide range of lifestyles. Photos are representative of plan and may vary as built.

24438 Godby Street

Listing courtesy of DRH Realty of Indiana, LLC.

Start Your Search

Information Deemed Reliable But Not Guaranteed. © 2026 MIBOR Broker Listing Cooperative