Indianapolis Homes under $300,000

Indianapolis Homes under $300,000

Welcome to Indianapolis, the vibrant heart of Indiana and a city that perfectly blends urban sophistication with Midwestern charm. Known for its rich history, diverse culture, and thriving economy, Indianapolis offers a unique lifestyle that attracts residents from all walks of life. Nestled in Marion County, this dynamic city boasts a variety of attractions, from the iconic Indianapolis Motor Speedway to the stunning canals of White River State Park.

For those seeking affordable housing options, Indianapolis shines brightly with a plethora of homes available for under $300,000. Whether you’re a first-time homebuyer, a growing family, or looking to downsize, the city’s real estate market offers an impressive selection of properties that cater to various needs and tastes. From cozy bungalows in historic neighborhoods to modern townhomes in up-and-coming areas, you’ll find a home that perfectly suits your lifestyle without breaking the bank.

Living in Indianapolis means enjoying a vibrant community filled with art, music, and culinary delights. Explore the eclectic dining scene, take in a show at the Indiana Repertory Theatre, or cheer on the Indianapolis Colts at Lucas Oil Stadium. With a cost of living that is lower than the national average, residents can enjoy all the perks of city life while maintaining a comfortable budget.

Discover the charm of Indianapolis and explore the diverse homes available for under $300,000. Your dream home awaits in this thriving metropolis, where opportunity and affordability go hand in hand!

Newest Indianapolis Homes under $300,000

802 N Oakland Avenue, Indianapolis
$179,900
2 Beds ⋅ 1 Baths
New roof, HVAC, exterior doors, and electrical service on this renovated home. 2 bedrooms on the main level, plus a bonus room upstairs with a new ductless mini-split that could you be used as a 3rd bedroom or a game room. The new kitchen features Quartz tops, a tile backsplash, and stainless steel appliances. While the bathroom is fully updated, offering a tiled tub surround. New flooring, lighting, outlets, light switches, recessed lighting, and mini blinds included. The unfinished basement is great for extra storage.

802 N Oakland Avenue, Indianapolis

Listing courtesy of F.C. Tucker Company.

439 S Dearborn Street, Indianapolis
$169,900
3 Beds ⋅ 2 Baths
Welcome to 439 S Dearborn St! This 3-bedroom, 2-bath home has been completely transformed since its previous sale, offering a refreshed and inviting interior while maintaining the character of this classic Indianapolis bungalow. The home features new electrical, updated finishes, and a functional single-level layout with an additional bonus room perfect for a home office, playroom, or flex space. You'll also find convenient main-level laundry and an unfinished basement offering additional storage and possibilities. Outside, enjoy the covered patio and a convenient location near Downtown Indianapolis with easy access to shopping, dining, and major highways. Schedule your showing today!

439 S Dearborn Street, Indianapolis

Listing courtesy of BluPrint Real Estate Group.

2161 N Dequincy Street, Indianapolis
$99,000
3 Beds ⋅ 1 Baths
Home is being sold as is and is in need of repair. Room sizes are estimates. Seller is also selling 2 other properties. Listing ID 22129510

2161 N Dequincy Street, Indianapolis

Listing courtesy of Wilmoth Group.

3511 E 10th Street, Indianapolis
$44,000
If you are looking for a value add opportunity this could be the property for you! This duplex is in need of some work but it is priced accordingly. Home is being sold as - is. This property is available as a package with listing 22129518

3511 E 10th Street, Indianapolis

Listing courtesy of Wilmoth Group.

314 Jefferson Avenue, Indianapolis
$300,000
3 Beds ⋅ 2 Baths
Just steps from Commons Park and minutes from downtown Indianapolis, this charming 1925 Willard Park home pairs 1920s charm with a bright, modern interior and the benefits of an extensive 2020 renovation. A garden gate and landscaped front yard create a welcoming approach to the huge covered front porch, an inviting place to sit and enjoy the neighborhood. Inside, soaring ceilings, engineered hardwood floors, Craftsman inspired trim and abundant natural light complement the open floor plan. The spacious great room features a tray ceiling and flows into a gorgeous kitchen with ceiling-height cabinetry, granite countertops, tile backsplash, stainless steel appliances, pantry and an expansive center island with pendant lighting. The adjoining dining area continues the open feel and leads directly to the backyard. A split-bedroom layout gives the primary suite added privacy, with a vaulted ceiling, walk-in closet and private bath featuring dual sinks and a large custom-tiled shower with glass enclosure, penny tile accents and built-in bench. Two additional bedrooms offer great space and natural light. The finished basement adds a surprising amount of flexible living space. Think home theater, gym, office, game room or whatever fits your lifestyle. Washer and dryer are included. Outside, enjoy a fenced backyard with plenty of lawn, a patio and included pergola, plus landscaping featuring primarily native plants. The detached two-car garage has storage space and still smells new! When you're ready to head out, Kan-Kan Cinema & Brasserie, Fowling Warehouse, Bottleworks, The Garage, Mass Ave, Woodruff Place and Holy Cross are all nearby. With several green spaces within walking distance and downtown just minutes away, enjoy the energy of the city and still come home to a big front porch, lovely backyard and a place you can call home.

314 Jefferson Avenue, Indianapolis

Listing courtesy of CENTURY 21 Scheetz.

8305 Union Street, Indianapolis
$249,900
3 Beds ⋅ 2 Baths
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, Indianapolis

Listing courtesy of Realty World Indy.

11822 Center Street, Indianapolis
$269,900
3 Beds ⋅ 2 Baths
Historic Charm Meets Modern Style! Step into the timeless charm of 1917 with this beautifully maintained 3-bedroom, 2-full-bath home situated on a spacious, fully fenced lot with mature trees and no HOA. Thoughtfully cared for while retaining the character and craftsmanship of its era, this home blends its historic roots with fresh, contemporary updates. Inside, you'll find new flooring as well as beautiful original hardwood floors; built in bookshelves & corner hutch; fresh paint along with a traditional dining room just off the spacious kitchen and a comfortable living room that flows into a family/sitting room. The main-level laundry room offers added convenience and could also serve as a practical mudroom. The kitchen includes the island and storage systems, with all appliances included. The possibilities continue upstairs with a third-level attic offering incredible storage space and potential for additional finished living area. A full unfinished basement provides even more storage and flexibility. Outside, the large fenced backyard offers plenty of room to garden, entertain, or simply enjoy the mature surroundings. The oversized detached garage includes space for a workshop-perfect for hobbies, projects, or extra storage. Additional updates include a newer HVAC system and newer roof, providing peace of mind while you enjoy the character of this unique home. Attic area allows the possibility for additional living space; The heart of Oaklandon provides convenient access to Fort Harrison State Park, shopping, dining, excellent schools, golf, and the new public library, all while close to the interstate & having easy access to Downtown Indianapolis. This is a special opportunity to own a piece of Indianapolis history with the space, updates, and convenience today's buyers are looking for!

11822 Center Street, Indianapolis

Listing courtesy of Ebeyer Realty, LLC.

7658 Micawber Court, Indianapolis
$290,000
2 Beds ⋅ 2 Baths
Easy living awaits in this beautiful ranch in sought-after Copperfield! This 2-bedroom, 2-bath home offers 1,274 square feet of spacious & comfortable living space with hardwood floors throughout the living room, dining area, and kitchen. A built-in bookshelf in the bedroom adds character, while the connected living and dining spaces make everyday living and entertaining easy. The primary suite features a huge walk-in closet and private bathroom with double sinks and a full shower stall. Enjoy your morning coffee or unwind in the evening on the screened-in patio overlooking the fully-fenced backyard. Discover the comfort and simplicity of single-story living at 7658 Micawber Court!

7658 Micawber Court, Indianapolis

Listing courtesy of CENTURY 21 Scheetz.

909 E 42nd Street, Indianapolis
$255,000
3 Beds ⋅ 2 Baths
First home, house hack, long-term rental, or Airbnb? This charming 1930 single-family bungalow at 909 E 42nd St gives you options most homes in this area can't! 909 E 42nd St offers 3 bedrooms, 2 full baths, and 1,588 finished square feet, an unfinished basement and it's set up to work however you need it. The main level has 2 bedrooms, a full bath, and a spacious living and dining combo with a whitewashed brick fireplace and lit floating shelves on each side. The updated kitchen has granite countertops, white shaker cabinets, stainless appliances, a stainless island range hood, and a large island breakfast bar. A wall of windows keeps the kitchen bright. Upstairs, the primary bedroom has its own full bath and a large walk-in closet. What makes this home special is the back entrance with a keypad door code. A door by the stairs closes to separate the stairs and back entrance from the main floor, so whoever is upstairs can come and go as they please. That gives you options. Rent out the main level and live upstairs, rent the upstairs primary suite and live on the main level, or simply open the door and use it as a single-family home. Versatility! Out back you'll find a fully fenced yard with a brick paver patio and fire pit, perfect for summer nights. Other features include bamboo plank flooring, a covered front porch, main-level laundry, and an unfinished basement with plenty of storage. The location is hard to beat. You're close to the Monon Trail and the College Avenue Library, and just blocks from Half Liter, Upland Brewing Company, and the Indiana State Fairgrounds. Get everything Meridian Kessler has to offer without the hefty price tag. Whether you're an investor, looking to house hack, or just want to be close to it all, this one checks the boxes.

909 E 42nd Street, Indianapolis

Listing courtesy of Hemrick Property Group Inc..

1829 N Routiers Avenue, Indianapolis
$185,000
3 Beds ⋅ 2 Baths
Welcome to PEACEFUL LIVING! ON OVER HALF AN ACRE, the outside is where you'll spend all day. The BACKYARD is partially FENCED, with a NEWLY BUILT FIREPIT, MATURE TREES GALORE, and a STORAGE SHED!! If you love FAMILY GATHERINGS, playing VOLLEYBALL/SOCCER, or even GARDENING this is the BACKYARD FOR YOU! On the inside, TWO SPACIOUS LIVING ROOMS allow you to have SPACE for yourself and the kids! With a NEWER FRENCH DOOR FRIDGE along with VERY NICE CABINETS, you'll be baking all day long. 3 Bedrooms, with LAMINATE FLOORING, and 2 BATHROOMS is just right for your family. RECENT UPDATES includes: 4 YR old ROOF, 1 YR old AC, 6 YR old WATER HEATER, and BRAND NEW PLUMBING lines in the crawlspace!

1829 N Routiers Avenue, Indianapolis

Listing courtesy of Trueblood Real Estate.

11633 Sinclair Drive, Indianapolis
$299,900
4 Beds ⋅ 3 Baths
Spacious 4-bedroom, 2.5-bath two-story offering 3,572 square feet in the established Winding Ridge community on Indy's east side. Fresh paint and new flooring throughout. The open main level flows from the kitchen to the dining area and family room - built for everyday living and easy entertaining. The main level gives you room to spread out: a defined entry, a full kitchen, a dining and eating area between the kitchen and the family room. Two bonus rooms on the main level are yours to use as a private office, den, library, or extra guest space when family stays. Ample storage is built in, from walk-in closets to pantries. Laundry is covered on both levels - one on the main floor and a second upstairs. Upstairs, four generously sized bedrooms include an oversized primary suite that feels like its own oasis. The primary is huge, with a walk-in closet and a private attached bath, and the room is large enough to lay out a reading nook or a private sitting area if you want one. The loft is equally flexible. It has been used as a sitting room, and it works just as well as a playroom, office, craft room, or cozy hangout. Major updates are already done: a brand-new roof and a brand-new furnace - which is money saved and peace of mind for the next owner! The 0.18-acre backyard is large, open, and ready for your vision. Garden, entertain, give pets and kids room to run, or put your own finish on it. The lot also has an attached garage and full driveway parking. This house has the space and the potential to let your creativity run. Schedule your showing today.

11633 Sinclair Drive, Indianapolis

Listing courtesy of eXp Realty, LLC.

2119 Debello Court, Indianapolis
$234,900
3 Beds ⋅ 2 Baths
This spacious, nearly 1,700-square-foot home offers room to spread out and plenty of thoughtful features throughout. From the large living room to the oversized primary suite, complete with a private bathroom and walk-in closet, this well-maintained home has been lovingly cared for from top to bottom. Each bedroom features its own walk-in closet, providing exceptional storage and convenience. The inviting living room offers a cozy fireplace and plenty of space to relax or entertain. The oversized laundry room provides even more storage and functionality. Major updates include a new roof, water heater, and HVAC, giving buyers added peace of mind. Step outside to enjoy the private, fenced patio area-perfect for entertaining, enjoying a quiet evening, or simply relaxing at home. Conveniently located just minutes from the beautiful B&O Trail and downtown Indianapolis, this home offers a great combination of space, comfort, convenience, and lifestyle. Move-in ready and waiting for its new owners!

2119 Debello Court, Indianapolis

Listing courtesy of Your Home Team.

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