Indianapolis Homes under $600,000

Indianapolis Homes under $600,000

Welcome to Indianapolis, the vibrant capital city of Indiana, nestled in the heart of Marion County. Known for its rich history, diverse culture, and a strong sense of community, Indianapolis offers a unique blend of urban amenities and suburban charm. With a population of over 800,000 residents, this dynamic city is famous for its world-class sports events, including the iconic Indianapolis 500, as well as its thriving arts scene and numerous parks and green spaces.

For those seeking to call this remarkable city home, Indianapolis boasts an impressive selection of homes available for under $600,000. Whether you're a first-time homebuyer, a growing family, or looking to downsize, you'll find a variety of options that cater to your needs and budget. From charming historic bungalows in neighborhoods like Fountain Square and Irvington to modern townhomes in the bustling Mass Ave district, the real estate market here offers something for everyone.

Living in Indianapolis means enjoying a cost of living that is lower than the national average, making it an attractive option for those looking to stretch their dollar further. The city is also home to top-rated schools, a strong job market, and an array of dining and entertainment options that make it a great place to live and thrive.

Explore the possibilities of homeownership in Indianapolis today, where your dream home awaits in a city that perfectly balances excitement and tranquility. Experience the warmth of Hoosier hospitality and discover why so many are proud to call this city their home!

Newest Indianapolis Homes under $600,000

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. This property is being sold with 2 other properties so if you have interest in purchasing multiple properties please reach out to list agent.

3511 E 10th Street, Indianapolis

Listing courtesy of Wilmoth Group.

8444 Welder Place, Indianapolis
$359,900
3 Beds ⋅ 3 Baths
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, Indianapolis

Listing courtesy of F.C. Tucker Company.

5924 Allisonville, Indianapolis
$399,900
3 Beds ⋅ 3 Baths
A gorgeous 3 Bed 2.5 Bath ranch home at 5924 Allisonville, INDIANAPOLIS, IN. Built in 1943, this 1682 square foot single family home has been completely remodeled, offering a fresh perspective on comfortable living. The recently updated kitchen provides a sophisticated space for culinary pursuits, featuring stainless steel appliances and quartz counters. Adjacent to this, the family room offers a welcoming atmosphere, centered around a comforting fireplace. A second fireplace featured in the living room. The property features three bedrooms, with one offering the convenience of an ensuite bathroom. In total, there are two full bathrooms and one half bathroom throughout the home. Outside, a private yard offers a personal escape, complementing the attached garage for practical living. This home presents a unique opportunity to embrace a refined lifestyle in a well-appointed setting.

5924 Allisonville, Indianapolis

Listing courtesy of Canon Real Estate Services LLC.

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.

1750 Sandhill Road, Indianapolis
$409,900
4 Beds ⋅ 3 Baths
Welcome to 1750 Sandhill Rd! This spacious 4-bedroom, 2.5-bath ranch offers over 2,300 square feet of finished living space and sits on a beautiful 0.40-acre lot with mature trees. Step inside to a bright and inviting layout featuring vaulted ceilings, multiple living spaces, a cozy masonry fireplace, and a kitchen with center island, pantry, and plenty of room for everyday living and entertaining. The primary suite features a walk-in closet, while three additional bedrooms provide plenty of flexibility for family, guests, or a home office. The partially finished basement adds even more usable space with a large rec/play room plus additional storage and utility space.Outside, enjoy the spacious yard, open patio, storage shed, and attached 2-car garage. Conveniently located in Perry Township with easy access to shopping, dining, Greenwood, and the south side of Indianapolis. With plenty of space inside and out, this home is ready for its next owner.

1750 Sandhill Road, Indianapolis

Listing courtesy of BluPrint Real Estate Group.

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.

5200 W Southport Road, Indianapolis
$525,000
3 Beds ⋅ 1 Baths
Here's a fabulous opportunity to purchase a combination of 4.88 + 7.98 acres for a total of almost 13 acres in Decatur Township! It's rumored that Southport Rd will be relocated, making the back yard frontage on Southport Road and prime for development or keep it this as a private estate or farm. There are 4 outbuildings, barn, shop and garage. The Huge barn could be restored or remove all of the structures. The home is a 2 bed, 2 bath in poor condition. It would need full rehab or removed. Do NOT enter the outbuildings as they could be dangerous. Private well and septic on site. Possible seller financing

5200 W Southport Road, Indianapolis

Listing courtesy of Wynkoop Brokerage Firm, LLC.

735 Lexington Avenue, Indianapolis
$320,000
1 Beds ⋅ 1 Baths
Desirable top-floor corner unit in Union Laundry Lofts, in the heart of Fletcher Place! Originally built in 1911 as the Union Laundry Company, this landmark building was reimagined for upscale loft living just steps from some of Indy's best dining and entertainment. Flooded with natural light from five banks of oversized original windows and a skylight, this one-of-a-kind residence features 17-foot ceilings and a down-to-the-studs renovation completed around 2017. The open-concept kitchen is anchored by an expansive granite peninsula and features a striking mix of white shaker and flat-front maple cabinetry, open shelving, pull-out storage, and stainless steel appliances. The living room features a custom storage wall incorporating wine storage, a built-in credenza, movable art display panel, concealed TV storage, and electric fireplace. Hardwood stair risers and iron railings lead to the upper level, where the beautifully designed bath features a fully tiled shower, private water closet, and granite topped sink vanity. A walk-in closet with a custom closet organizer provides exceptional storage, while the loft bedroom overlooks the living space below and features its own skylight and rooftop access hatch. Grasscloth wallpaper, slate tile, upgraded lighting, and other thoughtfully selected finishes add warmth and character throughout. The unit includes one dedicated garage space and access to the community rooftop deck with skyline views. Walk to Milktooth, Bluebeard, Calvin Fletcher's, Amelia's, and more, with the Indianapolis Cultural Trail just steps away connecting you to Fountain Square, downtown, and beyond. Historic architecture, incredible natural light, and thoughtful design in a top-floor corner loft in one of Indy's most walkable neighborhoods.

735 Lexington Avenue, Indianapolis

Listing courtesy of F.C. Tucker Company.

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.

9517 Moorings Boulevard, Indianapolis
$479,900
4 Beds ⋅ 3 Baths
Welcome to 9517 Moorings Blvd! This well-maintained traditional home offers spacious living areas, thoughtful updates, and a great location near Geist Reservoir, shopping, restaurants, and schools. The inviting eat-in kitchen features stainless steel appliances, a breakfast bar, laminate countertops, and a walk-in pantry. The kitchen opens to a bright family room with cathedral ceilings, skylights, and a wood-burning fireplace. A formal dining room features natural wood trim and chair rail, while a mix of hardwood, ceramic tile, carpet, and LVP flooring throughout the home. The primary suite offers a tray ceiling, walk-in closet, and ensuite bath with twin vanities, jetted garden tub, and separate walk-in shower. Additional walk-in closets provide excellent storage. The finished basement adds flexible living space and includes a sump system. Recent updates include a gas furnace and central air, approximately 2 years old, plus a tankless gas water heater. Energy-efficient doors and windows, storm doors, ceiling fans, a reverse osmosis system, and water softener add comfort and efficiency. Outside, enjoy the nice backyard and screened-in patio room-perfect for relaxing or entertaining. The community also offers a swimming pool, tennis courts, sidewalks, and snow removal. With its spacious layout, desirable updates, and convenient location, this home is ready to welcome its next owner!

9517 Moorings Boulevard, Indianapolis

Listing courtesy of NextHome Elite Real Estate.

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..

Start Your Search

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