Perry Homes under $400,000

Perry Homes under $400,000

Welcome to Perry, Indiana – a charming community that perfectly balances small-town warmth with modern conveniences. Nestled in the heart of the Midwest, Perry offers residents a picturesque setting with an array of outdoor activities, friendly neighborhoods, and a rich sense of history. With its close-knit community vibe, Perry is an ideal place for families, young professionals, and retirees alike.

One of the most appealing aspects of Perry is its affordability. The real estate market here is thriving, with an impressive selection of homes available for under $400,000. Whether you’re looking for a cozy starter home, a spacious family residence, or a quaint bungalow, Perry has something to meet every need and budget. Many homes in this price range feature updated interiors, charming architectural details, and ample outdoor space, making them perfect for entertaining or enjoying quiet evenings under the stars.

In addition to its attractive housing options, Perry boasts excellent schools, parks, and recreational facilities, ensuring that residents have access to quality education and leisure activities. Local shops and restaurants provide a delightful taste of the community’s character, while nearby urban centers offer additional shopping and entertainment opportunities.

Living in Perry means embracing a lifestyle that values community, affordability, and the beauty of nature. With homes under $400,000, this delightful town invites you to explore all it has to offer. Discover your dream home in Perry today and become part of a community that feels like family!

Newest Perry Homes under $400,000

8158 Lima East Drive
$110,000
2 Beds ⋅ 2 Baths ⋅ 46227 Zip Code
This property offers excellent potential for an investor or buyer looking for a renovation project. The home features 2 bedrooms, an eat-in kitchen, abundant natural light, ceiling fans, and a full basement providing additional living, recreation, or storage space. The spacious back deck overlooks a private yard and offers great outdoor entertaining potential. Conveniently located in Perry Township Schools, just minutes from downtown, shopping malls, grocery stores, dining, and major interstates. Please note: This home needs work and is not move-in ready. Buyers and investors are strongly encouraged to review all photos carefully and conduct their own inspections and due diligence.

8158 Lima East Drive

Listing courtesy of Berkshire Hathaway Home.

1221 E Edwards Avenue
$250,000
2 Beds ⋅ 2 Baths ⋅ 46227 Zip Code
Beautifully updated bungalow near UIndy, offering 2 bedrooms, 2 full baths, and a full basement. This charming home blends its original character with thoughtful modern updates throughout. The gorgeous kitchen features quartz countertops and stainless steel appliances, creating a stylish and functional heart of the home. The primary bedroom offers a spacious walk-in closet. The main-level full bath features a beautiful tiled shower, while the upstairs full bath includes both a tiled shower and bathtub. Much of the home's original character remains, beautifully complemented by modern finishes. The entire home has been completely renovated within the past 10 years, providing peace of mind while preserving its timeless appeal. Outside, enjoy a huge covered front porch that creates a warm and welcoming entrance, along with a large back deck overlooking the fully fenced yard. The oversized 2-car garage provides plenty of room for parking, storage, and more. A wonderful combination of classic bungalow charm, modern updates, and exceptional outdoor space in a convenient location near UIndy!

1221 E Edwards Avenue

Listing courtesy of Highgarden Real Estate.

621 Pioneer Drive
$299,999
4 Beds ⋅ 2 Baths ⋅ 46217 Zip Code
Welcome home to this impeccably maintained 4-bedroom tri-level home in Perry Township. A covered front porch greets you into a spacious, light-filled main level featuring a wide entryway, expansive great room, and formal dining area ideal for entertaining. The heart of the home is the cozy lower-level family room, anchored by a stone fireplace and exposed wood ceiling beams. The kitchen comes fully equipped with appliances and seamless flow to the living areas. Upstairs features three generously sized bedrooms and a full bath, including a primary suite with a walk-in shower. A versatile fourth bedroom sits on the lower level, perfect for guests or a home office. Step outside to enjoy the fully fenced backyard with an open patio and extra attic storage above the garage. NO HOA fees! Included Materials & Extras: Flooring:Living room flooring, matching quarter round, kitchen floor tile, and 2 door thresholds Cabinetry & Appliances: Washer, dryer, microwave, kitchen appliances, 1 overhead cabinet, 1 coffee area cabinet, and kitchen kick-board's. Supplies:Paint, painting supplies, drywall compound, wood filler, and wood glue

621 Pioneer Drive

Listing courtesy of Trueblood Real Estate.

5125 S Walcott Street
$255,000
3 Beds ⋅ 3 Baths ⋅ 46227 Zip Code
5125 S Walcott St is a two-story Indianapolis home in Edgewood set on an expansive half-acre lot with covered front and back porches and a detached two-car garage. Warm wood flooring and abundant natural light flow through the main living area, accented by classic arched doorways and an open staircase. The updated kitchen features painted white cabinetry, stone countertops, a new sink, and an adjoining dining space. A main-level powder room highlights an exposed brick wall and pedestal sink. Comfortable bedrooms provide closet storage and ceiling fans, complemented by exposed brick character in an upper bedroom and a full bathroom with a tub and shower. Fresh interior paint runs throughout the home. Outside, the broad lawn provides mature shade trees and versatile outdoor space with no HOA, conveniently located near local parks, schools, and downtown Indianapolis. Included 100-Day Home Warranty with buyer activation

5125 S Walcott Street

Listing courtesy of Opendoor Brokerage LLC.

1106 S Madison Street
$190,000
47403 Zip Code
Two units, one investment opportunity, and plenty of room to add value. This bungalow-style duplex offers two 2-bedroom, 1-bath units. The front unit is currently occupied on a month-to-month basis, while the rear unit is vacant, giving the next owner flexibility to make improvements, secure new tenants, or explore owner-occupancy options. The front unit has street parking, with 2-3 parking spaces available for the rear unit. New gutters are already in place, but the property does have deferred maintenance and is priced with its condition and potential in mind. Located near walking trails and popular Switchyard Park, this is an opportunity for an investor who isn't afraid of a little work and can see the possibilities beyond the punch list.

1106 S Madison Street

Listing courtesy of Carpenter, REALTORS®.

7722 Shasta Drive
$365,000
4 Beds ⋅ 5 Baths ⋅ 46217 Zip Code
Welcome to a thoughtfully designed 4-bedroom, 4.5-bath home situated on a highly sought-after Southern Dunes Golf Course lot with expansive golf course views. From the moment you enter, the open and cohesive layout creates a comfortable feel that is equally suited for everyday living or entertaining. The kitchen features beautiful granite countertops, a center island offering excellent prep space and storage, stainless steel appliances, and a gas range. Large windows allow natural light to pour into the home, creating a bright and inviting atmosphere. A cozy fireplace anchors the living area, while the generous dining space provides plenty of room for large gatherings. The main-floor primary suite feels like a true retreat, offering plenty of space and a well-appointed bathroom with a double vanity, walk-in shower, and separate garden tub for relaxing at the end of the day. Upstairs, the versatile loft provides an ideal secondary living space that can be used for media viewing, relaxing, working from home, exercise, hobbies, or whatever fits your lifestyle. A rare and highly desirable feature, all three upstairs bedrooms have their own private bathrooms, offering comfort and convenience for family members or guests. Outside, the expansive backyard feels even larger thanks to the wide-open views overlooking Hole 16 of Southern Dunes Golf Course. Enjoy the combination of privacy, beautiful scenery, and plenty of room to relax or entertain. Residents can take advantage of all Southern Dunes has to offer, including pools, tennis courts, pickleball courts, and more. With shopping, restaurants, and interstate access all conveniently nearby, this home offers the space, amenities, views, and location that are hard to find. Don't miss the opportunity to make this Southern Dunes property your own!

7722 Shasta Drive

Listing courtesy of Moran Real Estate Group.

6032 Orinoco Avenue
$385,000
3 Beds ⋅ 4 Baths ⋅ 46227 Zip Code
This newly updated, move-in-ready home offers the perfect combination of comfortable living, extra space, and freedom. Situated on an almost one-acre lot, this property provides plenty of room to enjoy the outdoors, entertain, garden, or simply relax. Inside, you'll appreciate the recent updates and finished basement, offering additional living space with endless possibilities for a recreation room, home office, workout area, or entertaining guests. Best of all, there is no HOA, giving you more freedom to enjoy your property. If you're looking for a move-in-ready home with a spacious lot, a finished basement, and no HOA, this is an opportunity you won't want to miss!

6032 Orinoco Avenue

Listing courtesy of F.C. Tucker Company.

633 Pioneer Drive
$255,000
3 Beds ⋅ 2 Baths ⋅ 46217 Zip Code
Welcome to this charming and inviting 3-bedroom, 2-full-bath home! The spacious great room features beautiful cathedral ceilings and a wood-burning fireplace, creating a warm and comfortable space for relaxing or entertaining. A lovely bay window fills the room with natural light, while French doors open to the patio and a beautiful, spacious backyard-perfect for children to play, outdoor gatherings, and enjoying time with family and friends. All stainless-steel appliances stay with the home. Conveniently located near downtown, shopping centers, dining, and everyday amenities. Recent updates include a new roof in 2019 and a new water heater in 2026. Don't miss the opportunity to make this wonderful home your own!

633 Pioneer Drive

Listing courtesy of CrossRoads Link Realty.

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..

122 S 6th Avenue
$200,000
3 Beds ⋅ 2 Baths ⋅ 46107 Zip Code
In the BEECH GROVE subdivision, 122 S 6th Ave, Beech Grove IN 46107 is a 1,320-square-foot home built in 1945 and renovated in 2026. Inside, the living area features a fireplace to gather around on cooler evenings, complemented by fresh interior paint and partial flooring replacement. An unfinished basement adds practical utility with laundry space and storage. Outside, the fenced yard includes a patio ready for dining in the open air, alongside a detached garage for vehicle parking and equipment storage. Convenient access to I-465 and I-65 supports a direct commute across Beech Grove. See all that this updated 1945 home provides. Included 100-Day Home Warranty with buyer activation

122 S 6th Avenue

Listing courtesy of Opendoor Brokerage LLC.

8444 Welder Place
$359,900
3 Beds ⋅ 3 Baths ⋅ 46237 Zip Code
Welcome to 8444 Welder Place in Greenbrooke! This one-owner, 2,325 sf home offers 3 bedrooms, 2.5 baths and an incredibly functional floor plan with plenty of flexible living space. Step inside to a bright front room that is currently used as a formal dining room but would also make a great home office or sitting room. The main level opens into a spacious Great Room featuring a gas fireplace and a kitchen with an abundance of cabinetry, center island, gas double oven and breakfast nook. Tucked behind the Great Room is an additional bonus room, perfect for a home office, playroom, hobby space or recreation room. A convenient mudroom features a built-in hall tree with storage for coats and shoes, along with access to additional under-stair storage and the half bath. Upstairs, you'll find a spacious loft, laundry room, two guest bedrooms, each with its own walk-in closet, a full guest bath and the Primary Suite. The Primary Bedroom features a tray ceiling, two separate closets and an ensuite with double sinks and a walk-in shower. Plantation shutters throughout the entire home add a beautiful finishing touch. Outside, enjoy the 16x24 stamped concrete patio, retractable awning, raised flower bed and vinyl privacy-fenced backyard. The property extends beyond the rear privacy fence to the tree line, providing additional yard space. The 2-car garage includes a 4' bump-out for added storage. The roof and water heater are approximately 2 years old. Located in Greenbrooke, residents can enjoy neighborhood walking trails and ponds while still being just a couple of miles from grocery stores, shopping, restaurants, hospital facilities and convenient highway access. With flexible living spaces, abundant storage and a convenient location, 8444 Welder Place has so much to offer.

8444 Welder Place

Listing courtesy of F.C. Tucker Company.

8305 Union Street
$249,900
3 Beds ⋅ 2 Baths ⋅ 46227 Zip Code
Beautifully updated and move-in ready! This 3 bed, 2 full bath charming home offers numerous recent improvements, including new HVAC, furnace, A/C, water heater, and main plumbing-all completed in September 2026. Additional highlights include a new front window, newer carpet, two-car garage, covered back patio, beautiful landscaping, and a newer oversized shed for exceptional storage. Enjoy the peace of mind of major updates along with inviting indoor and outdoor spaces-this one is ready to call home!

8305 Union Street

Listing courtesy of Realty World Indy.

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