Marion Homes under $500,000

Marion Homes under $500,000

Welcome to Marion, Indiana – a charming city that perfectly blends small-town warmth with the conveniences of modern living. Nestled in the heart of Grant County, Marion is known for its rich history, friendly community, and vibrant local culture. With a population of just over 30,000, this delightful city offers a peaceful atmosphere while still providing a variety of amenities and activities for residents and visitors alike.

One of the standout features of Marion is its affordability. For those seeking a home under $500,000, the city offers an impressive selection of properties that cater to diverse tastes and lifestyles. From cozy bungalows to spacious family homes, Marion’s real estate market is brimming with opportunities for first-time buyers, growing families, or anyone looking to downsize without sacrificing comfort.

The homes in Marion are not just affordable; they also reflect the city’s rich architectural heritage, with many properties showcasing charming details and well-maintained landscapes. Imagine sipping your morning coffee on a front porch overlooking tree-lined streets, or hosting family gatherings in a backyard perfect for summer barbecues.

In addition to its beautiful homes, Marion boasts a strong sense of community, with local parks, schools, and recreational facilities that foster a welcoming atmosphere. The city is also home to unique shops, delightful dining options, and cultural attractions, including the Marion General Hospital and the historic Matter Park.

If you’re searching for an affordable and inviting place to call home, Marion, Indiana, is the perfect destination. Discover the charm and opportunities this wonderful city has to offer!

Newest Marion Homes under $500,000

560 E Timberbrook Estate
$289,900
4 Beds ⋅ 3 Baths ⋅ 46176 Zip Code
Welcome to 560 E Timberbrook Est in Shelbyville, located in a desirable rural subdivision on a beautiful wooded lot a little under an acre. This spacious home offers 4 bedrooms, 2.5 bathrooms, a large family room with a wood-burning fireplace, plus separate living and dining rooms. The standout feature is the brand-new kitchen, complete with all-new appliances, soft-close cabinetry, quartz countertops, new backsplash, two large pantry cabinets, and an impressive assortment of cabinet organizers and inserts. All bathrooms have also been updated, and newer LVP flooring has been installed throughout the home in recent years. Additional features include a full unfinished basement and a 2-car side-load garage. With a little TLC, this property has the potential to be an incredible home in a wonderful setting. Seller is highly motivated and is offering $5,000 in seller concessions plus a $600 home warranty with an acceptable offer. Property is being sold as-is.

560 E Timberbrook Estate

Listing courtesy of Creech Realty, LLC.

3278 S County Road 825 E
$430,000
3 Beds ⋅ 3 Baths ⋅ 46128 Zip Code
Horse Property on Nearly 10 Acres with Pasture, Woods & Creek! Welcome to Putnam County where country living, privacy and room for your horses/farm animals come together on approximately 9.92 acres. Over the past few years, the owners have transformed what was previously cornfield into horse pasture, adding fencing and a lean-to shelter to create functional space for horses. The property offers a beautiful mix of open pasture, wooded acreage and a creek, giving you both usable land and a scenic natural setting. The home features 3 bedrooms, 2.5 baths and approximately 1,772 square feet, along with a finished walk-out lower level offering additional living and entertaining space, while the back deck provides a peaceful place to relax and enjoy the surrounding countryside. For those who love the outdoors, the wooded acreage and creek open up even more possibilities. Explore the woods, create your own walking or riding trails, enjoy nature and wildlife, or take advantage of the property for recreational and hunting opportunities. Bring the horses, create a mini-farm, garden, explore the woods or simply enjoy having nearly 10 acres to call your own. With horse pasture, fencing, a lean-to shelter, woods and a creek, this property offers a combination that's becoming increasingly difficult to find.

3278 S County Road 825 E

Listing courtesy of Grange Real Estate.

11820 Cotterill Way
$298,090
3 Beds ⋅ 2 Baths ⋅ 46235 Zip Code
Clifton Trace is a community of new single-family homes at a great value with future onsite amenities, coming soon to Indianapolis, IN. Residents living at Clifton Trace will enjoy exclusive access to an onsite swimming pool with a pool house, complemented by a playground, a serene pond and winding trails for endless outdoor recreation. This charming single-story home includes an easily accessible open layout among the kitchen, dining area and Great Room- perfect for hosting guests. The owner's suite is situated nearby, tucked to the back of the home for increased privacy, while two additional bedrooms sit near the foyer. *Photos/Tour of model may show features not selected in home.

11820 Cotterill Way

Listing courtesy of Compass Indiana, LLC.

6 Putnam
$44,500
2 Beds ⋅ 1 Baths ⋅ 46128 Zip Code
Investor Special - Possible Seller Financing Affordable 2-bedroom, 1-bath home with a basement, open floor plan, large kitchen, and spacious living room. The home has updated vinyl siding but needs considerable repairs and updating throughout. Some rooms are already gutted or need to be gutted, giving the next owner a good opportunity to reconfigure the existing layout. With the right renovation, there may be potential to convert the home to a 3-bedroom for added value and maximum return. The property may also be a good candidate for an addition for someone looking to expand the footprint. This is a project and is priced accordingly-bring your ideas and see what you can make of it. Possible seller financing may be available to a qualified buyer with acceptable terms.

6 Putnam

Listing courtesy of Wynkoop Brokerage Firm, LLC.

5918 N State Road 9
$239,900
3 Beds ⋅ 2 Baths ⋅ 46176 Zip Code
Come take a look at 5918 N State Road 9, a charming single-family home in Shelbyville In, on a private lot on .53 of an acre. This inviting ranch home has hardwoods under the carpeting, three bedrooms, and a full bath. The primary bedroom has a half bath but room to make it a full bath! Home is freshly painted and ready to move in. The roof is only 6 years old and the water heater is 4 years old. All appliances remain with the home, including the washer and dryer. Schedule your private showing today and begin living in the country in this charming home with an abundance of mature trees.

5918 N State Road 9

Listing courtesy of Hoosier, REALTORS®.

2379 Saddle Drive
$232,000
2 Beds ⋅ 2 Baths ⋅ 46176 Zip Code
Don't miss this 2-bedroom, 2-bath condo in highly desirable Trotters Chase! This beautifully updated home features an open floor plan, vaulted great room ceiling, abundant natural light, primary suite with walk-in closet and updated en-suite bath with large walk-in shower, plus a separate laundry/mechanical room. The 2-car garage includes a convenient bump-out for additional storage. Enjoy the private front patio and fantastic neighborhood amenities, including a pool, basketball court, two pickleball courts, sidewalks, ponds, and nearby walking trails. Ideally located within walking distance of the hospital, new YMCA, and Blue Bear Golf Course, with restaurants and I-74 just minutes away. HOA includes lawn care and snow removal. Updates include LVP flooring, interior paint, appliances, water heater, water softener, kitchen backsplash, bathroom fixtures, window treatments, and keyless entry (2020); HVAC/AC and primary bath shower remodel (2022); and exterior paint, patio fence, and door (2025). Seller is willing to contribute $2,000 toward closing costs with acceptable offer.

2379 Saddle Drive

Listing courtesy of Daniels Real Estate.

102 Juliet Lane
$169,000
3 Beds ⋅ 1 Baths ⋅ 47421 Zip Code
Welcome to this charming 3-bedroom, 1-bath ranch home nestled in a quiet rural setting in Lawrence County. Situated on a spacious .62-acre lot, this property offers plenty of room to enjoy the outdoors while providing the comfort and convenience of one-level living. The home features a 1-car garage and a large yard with plenty of potential for gardening, recreation, or simply relaxing in the peaceful surroundings. Inside, you'll find a fresh, neutral feel with NEW flooring, NEW windows, NEW HVAC, NEW gutters and neutral paint throughout. These updates provide a move-in-ready foundation for its next owner. Located in a tranquil area while still offering access to the Bedford community and nearby amenities, this home is a great opportunity for anyone looking for space, updates, and a quieter pace of living.

102 Juliet Lane

Listing courtesy of Coldwell Banker Stiles.

351 S Main Street
$385,000
3 Beds ⋅ 1 Baths ⋅ 46128 Zip Code
Welcome home to this charming three-bedroom, one-bath farmhouse situated on 3.51 acres in a peaceful country setting. Recent interior updates include new vinyl plank flooring throughout the main level and brand-new carpet in both upstairs bedrooms. One upstairs bedroom is currently arranged as a nursery, making this home perfect for a young family or children. The refrigerator, stove, dishwasher, washer, and dryer are all included. Additional features include an electric heat pump, a tankless water heater, and an HVAC system that is only two years old. Outside, enjoy the large rear deck, relaxing fire pit area, mini basketball court, and fenced immediate yard which is perfect for pets. The property offers plenty of room for additional fencing for livestock or hay production and is filled with peach, apple, and crabapple trees. A spacious 36-by-64 pole barn provides excellent storage and workspace, with approximately half of the building insulated and finished with a concrete floor. An older shed, which the seller states was once used as a cattle-milking room, will also remain with the property. This unique farmhouse & country property offers space, character, useful outbuildings, and countless possibilities.

351 S Main Street

Listing courtesy of Harcourt Real Estate Team.

114 S Main
$35,000
2 Beds ⋅ 1 Baths ⋅ 46128 Zip Code
Looking for your next project or investment opportunity? This property offers lots of possibilities! Complete rehab opportunity Or tear it down and start fresh Plenty of potential with the land Bring your ideas and see what you can make of this property! Whether you're an investor, builder, or someone looking for a project, 114 S Main Street is ready for a new vision.

114 S Main

Listing courtesy of Little Pig Real Estate LLC.

106 Westwood
$234,900
2 Beds ⋅ 2 Baths ⋅ 46128 Zip Code
Welcome home to this charming and nicely maintained 2-bedroom, 1.5-bath home, offering comfort, character, and a beautiful outdoor setting. Inside, you'll find hardwood floors throughout, updated cabinetry, solid-surface countertops, and stainless steel appliances, including a gas range. A newer HVAC system and hot water heater add peace of mind, while the extra mudroom provides convenient additional living and storage space. Step outside and enjoy the peaceful setting overlooking a cornfield, with a spacious deck tucked beneath a beautiful pergola perfect for sitting & relaxing or entertaining guest! The property also features a mini barn, koi pond, chicken house and fenced area, all included with the sale. An additional lot is included, giving you over half an acre of land with city utilities. If you're looking for a well-maintained home with hardwood floors, thoughtful updates, plenty of outdoor space, and a peaceful country-like setting while still enjoying city utilities, this one is a must see. A wonderful place to relax and call home!

106 Westwood

Listing courtesy of Harcourt Real Estate Team.

1222 WPA Road
$250,000
3 Beds ⋅ 2 Baths ⋅ 47446 Zip Code
Escape to the country without giving up the convenience of being close to town! Built by the current owner in 1977 using Colorado spruce logs, this charming log cabin sits on 6.70 beautiful acres and offers the privacy, space, and peaceful setting that country living is all about. The home features 3 bedrooms and 2 full baths with an open living area, cathedral ceilings, and decorative faux beams that provide the look and character of traditional exposed beams. A large stone wood-burning fireplace creates a warm and inviting centerpiece for the room, along with an additional wood-burning stove for another source of warmth. New living room windows were installed last year, bringing in plenty of natural light and beautiful views of the surrounding property. The laundry is conveniently located just off the kitchen. Outside, you'll find a carport along with a detached 30x30 garage offering plenty of room for vehicles, storage, hobbies, or a workshop. The acreage is beautiful and full of wildlife, with plenty of room to relax, explore, and enjoy the outdoors right at home. If you've been looking for a log cabin with acreage, character, and a true country setting while still being just minutes from Mitchell, this one is worth seeing!

1222 WPA Road

Listing courtesy of Carpenter Hills O'Brown.

5955 W State Highway 250
$392,500
3 Beds ⋅ 2 Baths ⋅ 47270 Zip Code
If you are seeking an updated home where you can drop your bags and move in - this is it! This home has many updates including new floor coverings, paint, light fixtures, kitchen cabinets and countertops, new windows, new HVAC system, deck and much more. The house is designed with an open concept with the living room as the central meeting point connecting the kitchen, bedrooms, and lower living space. The living room is spacious 22.8 X 18.7 with vinyl plank flooring and a wood burning fireplace as the focal point. There is also an exterior door to the east deck. The kitchen is good-sized, fully applianced with new refrigerator, range, microwave and dishwasher. There is plenty of counter space for meal prep and a breakfast nook for meals. The primary bedroom has a private bath with walk-in shower, whirlpool tub and a 5.11 X 15.3 Walk-in Closet. The other two bedrooms for family and guests are conveniently located near the common bath and utility room which boasts a mud-sink. There is additional living space in the basement providing a common area living space. The garage is good-sized 23.2 X 34.9. The home is situated on a 2+ acre pond with private fishing dock. The property is definitely secluded from the public as there is a partially tree-lined drive to the house. This is one not to miss!

5955 W State Highway 250

Listing courtesy of Millman Realty Partners, Inc..

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