Homes Under $250K Price For Sale in Indianapolis, IN | Page 43

PRIME CORNER COMMERCIAL VACANT LOT WHICH IS ONE BLOCK SOUTH OF EAST 38th STREET. SIX UNIT APARTMENT BUILDING OR 4PLEX, ITS YOUR BUYER'S CHOICE!!! ZONED 5.

This property offers the perfect opportunity for a savvy buyer looking to renovate and add value, or an investor looking to fix-and-flip, add to a rental portfolio, or a long-term hold property. This property features solid bones and a layout with great potential, this home is ready for your vision and updates. Located in a growing area of Indianapolis with nearby amenities. Don't miss your chance to bring this property back to life and maximize its potential!

Welcome to this three-bedroom, one-and-a-half-bath ranch in Jefferson Gardens with plenty of space inside and out. The kitchen has been fully updated with stainless steel appliances, butcher block counters, a tile backsplash, large sink, and a breakfast bar that opens to the dining area. Both the front and rear enclosed porches expand the living space and create comfortable spots for relaxing or entertaining year-round. Storage and utility are highlights here. In addition to an oversized one-car garage and carport, the property offers three separate outbuildings that can be used for a workshop, garden shed, or hobby space. The fully fenced yard provides privacy and room to enjoy the outdoors. Inside, you'll find a flexible floor plan with a dining/family combo, laundry area with half bath, and three bedrooms on the main level. Located on a manageable lot with sidewalks, municipal water, and sewer, this home offers a balance of comfort and functionality. With so many spaces to use and customize, it's an ideal opportunity for anyone looking for a home that works as hard as they do.

This 3 bedroom, 1-bath home offers over 1000 sq feet of comfortable living space and can easily rent for 1300 per month in rental income. The layout is spacious and functional, appealing to long-term tenants. Situated on the east side of Indianapolis, it's close to school, parks, and major roads. A dependable investment with consistent cashflow or a great home for a homeowner looking to live near Irvington.

Single family residence currently split into 2 potential cash flowing units (Unit A and B). This home will need some minor cosmetics to make turn-key but has the potential to have 3-4 rentable units. The home has a front unit made up of 1 bed and 1 bath. The rear unit is an efficiency. Construction has started in the basement for the potential of a 3rd unit. There is a bathroom already located in the basement. The garage is also in the process of construction for a potential 4th unit. In the past, the 2 units on the main level were rented at $700 and $850 each. Great chance for an investor "house hack" with room for improvements on rent values.

Located at 2824 S McClure St, Indianapolis, IN, this charming single-family residence offers a move-in ready home with thoughtful updates throughout. Featuring 2 bedrooms and 1 full bathroom within 720 square feet of living space on a 5,184 square foot lot, this home is both comfortable and manageable. Built in 1953, it has been refreshed with new flooring, fresh paint, several new windows, and a completely updated kitchen with brand-new shaker cabinets. While more compact in size, the kitchen has been thoughtfully designed to maximize space and efficiency, making it ideal for everyday use. Additional highlights include a detached garage with an extra storage room, a fully fenced yard, and a backyard deck perfect for relaxing or entertaining. Ready for new owner

0.1 acre lot with flexible zoning - C4. Residential housing for single-family or multi-family are both permitted as well as numerous options for commercial operations such as retail, hotel, business, automotive repair, and more! Minutes from the downtown Indianapolis area and local infrastructure. Just east of Fountain Square and its long history as a commercial district, now a sought-after area for local commerce and housing.

Welcome home to this unique opportunity to own NEW CONSTRUCTION less than 2 blocks away from the Pennsy Trail. For an affordable price in Marion County with NO HOA you can own 13 S. Galeston Ave.! This home "St. Clair" model from Champion Homes offers so many modern comforts we desire and space without the cost of anything else similar on the market. NO HOA, so you can relax and enjoy nearly 1300 square feet of interior living and several outdoor areas to use at your leisure. This 3 bedroom 2 bath ranch will impress as it has everything you need. You are getting brand new everything!!! Central AC, high efficiency furnace, programmable thermostat, 2 ceiling fans, upgraded window coverings, huge front porch, fancy side steps, tons of windows, oversized center island with smart plugs, all appliances (aside from laundry machines), a large laundry room, dual water access points outside, sump pump in crawl, firepit and a storage shed. Did I mention NO HOA!!! This home is the only home in the neighborhood that has exclusive access to it's own utility pole; no other home shares this pole that powers the house!!! This house in Warren Township is ready for you to move in and call it home so please schedule a visit and see how this home fits your needs.

Investor Special or First-Time Buyer Gem with Extra Lot! Recently remodeled home just minutes from downtown in a rapidly growing area with new construction nearby. Previously used as an Airbnb, this property is move-in ready and ideal for investors or first-time buyers. Includes adjoining lot with separate address-build another home or sell separately for added value. Motivated seller!

0.09 acre lot with flexible zoning - C4. Residential housing for single-family or multi-family are both permitted as well as numerous options for commercial operations such as retail, hotel, business, automotive repair, and more! Minutes from the downtown Indianapolis area and local infrastructure. Just east of Fountain Square and its long history as a commercial district, now a sought-after area for local commerce and housing.

For sale 0.1 acre parcel zoned I4 - Industrial located just east of Fountain Square! It must be sold as a package sale: 3324 Prospect St and 1028 Vandeman St for a total of 0.2 acres of land ($233,900). The 1,248 sq.ft. home structure has partially been prepared for renovation and is paired with a small backyard and covered deck. Numerous potential uses as permitted by the Marion County Zoning Ordinance. Located just minutes from the interstate and the central Indianapolis area.

This 3-bedroom, 1-bath home offers nearly 900 feet of comfortable living . The home features beautiful hardwood floors a detached garage and plenty of extra storage space in the full basement. Situated on the east side of Indianapolis, it's close to school, parks, and major roads. Could be a lovely home for a homeowner or a dependable investment with consistent cashflow.

Undeveloped residential lot for sale. Tucked away on quiet Opal street in Indianapolis is the lot you have been waiting for. Build your own dream home in this community by starting with the lot! Come see today and get started!

Solid 2-Bedroom Opportunity Near Downtown - Perfect for Investors! New furnace installed in December 2025. This home has great bones and is ready for your finishing touches! Featuring 2 bedrooms and 1 bath, it's ideally located close to downtown, shopping, and IPS schools-making it a smart choice for a flip, rental, or Airbnb investment. Currently rented on a month-to-month lease, this property offers immediate income potential while you plan your updates. The open floor plan creates a spacious feel, and its manageable size is perfect for someone who wants the comfort of a home without the hassle of maintaining a large space. Step outside and enjoy a very private backyard, ideal for gatherings, weekend barbecues, or simply relaxing in your own secluded retreat. Being sold as-is, this is your chance to unlock the hidden potential in a home with character, convenience, and endless possibilities. Don't miss this one-schedule your showing today!

Wooded vacant lot just waiting for its new owner. Situated on 1.43 acres of land. Enjoy country life with access to stores and restaurants. Close to downtown for an easy commute. Build wherever your imagination takes you. Seller is offering seller financing.

Large city lot where a home once proudly stood. Bring your drawings and start on that build project you've been putting off. Great proximity to employment and the heavily traveled Kentucky Ave. corridor.

City lot presenting you a new build opportunity.

City lot ready for your new build project. Bring your imagination and pull the trigger on this opportunity with great proximity to the expanding Prospect/Twin Aire corridor.

CALLING ALL INVESTORS! Here is a Great Opportunity for a double lot in Drexel Gardens! This double lot provides ample opportunity for someone looking to build not just one but two possible homes. This lot can be kept as one large corner lot OR split into two if someone so desires! The split would provide two .11/acre lots that are easily buildable and a chance to maximize your return on investment! The corner lot with the garage had a house on it at one time and is connected to city utilities so it's ready to go and has a brand new garage door on it as well. Purchase will come with TWO sets of build plans for you to use if you wish. Why pay for new plans when these are at your disposal!? Located near all the major highways (I65, I69, I70, I74 & I465) this location is PRIME!! It's only 10-15 Minutes from: The Indianapolis International Airport, The Indianapolis Motor Speedway, Lucas Oil Stadium, Gainbridge Fieldhouse, Downtown Indy's Circle Center, Eagle Creek Reservoir and more! Once the house(s) are built, there could be year round short term rental revenue for events such as The Indianapolis 500, Brickyard 400, All Colts Games, All Pacer games, GenCon, Boat Sport & Travel shows, etc...Indy has conventions all year long and is known to be a great Host City. Why not build close to all the action?! Set up your showing today and let's make a deal happen!

Comfortable and Quaint Home decorated w/mini blinds, ceiling fans and lighting. Front room, dining room, kitchen, bath and two bedrooms on first level and Master bedroom and full bathroom and seating area takes up the entire top level. Stove/Refrigerator, and washer/dryer hook up provided. Front porch and fenced in back yard with walkable basement with furnace and water heater and plenty of storage space, House sites on a corner lot 30x100 sf with access from 3 sides and is within 1 block of white river pkwy and new home construction starting at $250,000. Abnormal wear and tear and needs some TLC. Selling AS-IS.

Charming one-story home with inviting curb appeal featuring a welcoming front wood deck. Inside, you'll find a spacious closet and a primary bathroom that offers the ultimate retreat with a large soaking tub and separate shower. Step into the backyard to enjoy a second wood deck, perfect for relaxing or entertaining, along with a convenient shed and a covered carport for added storage and parking. Virtually staged to present a true picture. Schedule a showing today!

Opportunity for an investor with a tenant in place. Recent updates include: furnace '20; house roof, '23; garage roof, water heater, sump pump and electrical service, '24. The bonus room is being used as a third bedroom. This home also has a two car detached garage.

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Just 300' from the Monon Trail, in the ever growing Reagan Park neighborhood. At the time of listing, this is the most economical lot for sale in the neighborhood, by purchase price and price per acre.

It's easy to recommend this property. It is a prime piece of land situated in the heart of Indianapolis. Not only does it have a desirable location, but it also sits on over half an acre of land. With its potential to either serve as the location for a single family residence or for an investment property, there is no wrong choice. I think you will like it, too!

40 X 136 lot for sale in Tuxedo Park.

Calling all flippers and investors-this one's for you! This three-bedroom, two-bathroom split-level home in Warren Woods offers tons of potential. With a two-car garage and a convenient location near shopping, schools, and commuter routes, this property is just waiting for the right buyer to bring out its full charm.

This beautiful 3 +/- acre property is located in southwest Indianapolis, offering a prime location for your dream home. The property features a mix of open space and mature trees, providing a tranquil and scenic environment while still offering plenty of room to build. With its flat terrain and minimal clearing needed, this land is ready for development. Conveniently located near essential amenities and major roads, this is an unparalleled opportunity for tranquil living without sacrificing accessibility.

This beautiful 3 +/- acre property is located in southwest Indianapolis, offering a prime location for your dream home. The property features a mix of open space and mature trees, providing a tranquil and scenic environment while still offering plenty of room to build. With its flat terrain and minimal clearing needed, this land is ready for development. Conveniently located near essential amenities and major roads, this is an unparalleled opportunity for tranquil living without sacrificing accessibility.

This beautiful 3 +/- acre property is located in southwest Indianapolis, offering a prime location for your dream home. The property features a mix of open space and mature trees, providing a tranquil and scenic environment while still offering plenty of room to build. With its flat terrain and minimal clearing needed, this land is ready for development. Conveniently located near essential amenities and major roads, this is an unparalleled opportunity for tranquil living without sacrificing accessibility.

This beautiful 3 +/- acre property is located in southwest Indianapolis, offering a prime location for your dream home. The property features a mix of open space and mature trees, providing a tranquil and scenic environment while still offering plenty of room to build. With its flat terrain and minimal clearing needed, this land is ready for development. Conveniently located near essential amenities and major roads, this is an unparalleled opportunity for tranquil living without sacrificing accessibility.

This beautiful 3 +/- acre property is located in southwest Indianapolis, offering a prime location for your dream home. The property features a mix of open space and mature trees, providing a tranquil and scenic environment while still offering plenty of room to build. With its flat terrain and minimal clearing needed, this land is ready for development. Conveniently located near essential amenities and major roads, this is an unparalleled opportunity for tranquil living without sacrificing accessibility.

Buildable lot on popular State Street. Just a few blocks from downtown. Utilities on site. Perfect opportunity for investor or to build your dream home!

Come see this 2 bedroom, 2 bath condominium with a open kitchen to the living room. Bedrooms are split for privacy. Large Entry Closet and you also have a laundry closet as you enter the unit. This unit has an assigned parking space. Ready to move into. It has just been repainted, new flooring and other updates. Many amenities in the community. Pool, exercise room, hot tub, clubhouse and pickle ball court. Come make this your new home!

This charming traditional American ranch-style home is a cozy yet functional space, perfect for first-time homebuyers looking for a balance of comfort, style, and investment potential. Situated just an 8-minute drive from the vibrant heart of downtown Indianapolis, this home offers a prime location in a peaceful neighborhood with easy access to all the excitement and amenities of the city. Inside, the home features a spacious and inviting layout with 2 bedrooms, providing plenty of room for both relaxation and personalization. The 1.5 bathrooms are well-maintained and conveniently located, ensuring comfort and privacy for the home's residents. One of the standout features of this home is the two-car garage, which provides secure parking and additional storage space, a great bonus for city living. The property also offers a small, manageable yard, perfect for outdoor relaxation or a garden, yet low-maintenance for busy professionals. Whether you're a homeowner looking to enjoy a quiet retreat or a savvy investor wanting a steady rental income stream, this charming ranch home is an excellent option to consider.