Sheridan Homes under $200,000

Welcome to Sheridan, Indiana, a charming town nestled in the heart of Hamilton County. With its rich history and close-knit community, Sheridan offers a perfect blend of small-town charm and modern conveniences. Located just a short drive from the bustling city of Indianapolis, residents enjoy the tranquility of suburban living while having easy access to urban amenities.

One of the standout features of Sheridan is its affordability, particularly when it comes to housing. For those seeking their dream home without breaking the bank, the town boasts a variety of options under $200,000. Whether you’re a first-time homebuyer, looking to downsize, or searching for a family-friendly abode, Sheridan’s real estate market has something for everyone. From quaint bungalows to cozy ranch-style homes, you’ll find properties that not only fit your budget but also provide a warm and inviting atmosphere.

The community spirit in Sheridan is palpable, with local events and gatherings that foster connections among residents. Enjoy the scenic parks, vibrant local shops, and delightful eateries that make this town a wonderful place to call home. Families will appreciate the top-rated schools and safe neighborhoods, while outdoor enthusiasts can take advantage of the nearby trails and recreational activities.

In Sheridan, you’re not just purchasing a house; you’re investing in a lifestyle. With homes priced affordably under $200,000, now is the perfect time to explore what this delightful town has to offer. Discover your new home in Sheridan, where community, comfort, and value come together seamlessly.

Newest Sheridan Homes under $200,000

$179,900

3 Beds ⋅ 1 Baths

Excellent investment opportunity with this home to make it yours however you wish. This amazing opportunity is sold AS-IS.

4009 Madison, Sheridan

Listing courtesy of Shannon Porter. List With Ben, LLC

$149,900

1 Beds ⋅ 1 Baths

Excellent investment opportunity with this home to make it yours however you wish. This amazing opportunity is sold AS-IS.

4015 Madison Street, Sheridan

Listing courtesy of Shannon Porter. List With Ben, LLC

$175,000

2 Beds ⋅ 1 Baths

Enjoy the best of country living with the convenience of being close to everything on this charming 1/2-acre property in Hamilton County. Set in a peaceful rural setting, this property offers a rare opportunity to enjoy more space, privacy, and flexibility while remaining close to shopping, dining, entertainment, and major roadways. The home features a warm rustic-chic style that blends comfortably with its country surroundings. The spacious 1/2-acre lot offers plenty of room to enjoy the outdoors, create your own garden or entertaining space, or simply take in the peaceful country setting. With no need to sacrifice convenience, the property is located just over a mile from US 31, providing easy access to surrounding communities and amenities. Enjoy the best of both worlds-peaceful country living with the conveniences of nearby cities. Approximately 15 minutes to downtown Carmel, 7 minutes to downtown Westfield, and 20 minutes to downtown Tipton. A unique opportunity to own an updated home with land in a desirable Hamilton County location!

22 E State Road 38, Sheridan

Listing courtesy of Christopher Jewell. Epique Inc

$172,500

2 Beds ⋅ 1 Baths

Move-In Ready Monon Trail Bungalow! Welcome to 406 W. 2nd Street, a beautifully renovated home offering the perfect blend of modern updates, small-town charm, and an unbeatable location. Situated on a spacious lot with the Monon Trail bordering the entire south property line, you'll enjoy direct private access to one of Indiana's premier walking, running, and biking trails right from your backyard. Completely renovated from top to bottom, this turnkey home features a bright, open-concept floor plan with a stunning new kitchen complete with custom cabinetry, countertops, fixtures, and a full suite of brand-new stainless steel appliances that remain with the home. Additional updates include a beautifully remodeled bathroom, new flooring throughout, fresh paint, updated lighting, modern fixtures, and a dedicated laundry area, making this home truly move-in ready. Outside, you'll love the inviting covered front porch, fresh landscaping, brand-new gravel driveway, generous yard, and detached barn/workshop offering excellent storage or hobby space. Sheridan continues to be Hamilton County's hidden gem, offering exceptional value while remaining just minutes from Carmel, Westfield, Noblesville, and U.S. 31. As one of Hamilton County's last truly affordable markets, Sheridan represents one of the county's best remaining opportunities to purchase at an attainable price while benefiting from the continued growth and demand that have made Hamilton County one of nations premier real estate markets. Whether you're a first-time buyer, downsizing, or searching for an investment opportunity, this fully renovated home is one you won't want to miss.

406 W 2nd Street, Sheridan

Listing courtesy of Dustin Kelly. Trueblood Real Estate

$175,000

2 Beds ⋅ 1 Baths

Exciting Chance to Own and Develop a Commercial Building near the bustling 38 in Northern Hamilton County. With the new 100 Million dollar Sky Lake attraction in the same town, and just a few minutes down the road. This rare opportunity awaits in Sheridan with high traffic and immense potential. The property, which would ideally be used for commercial purposes, requires a significant remodel/repairs if the home is not torn down. The pricing accounts for the prime location and traffic for a commercial project. Rezoning would be necessary for the property, with neighboring lots zoned C-2. Details on the rezoning process and C-2 zoning are in attached docs. The buyer will be responsible for the property's rezoning and conducting all necessary assessments on the home/lot.

2710 W State Road 38, Sheridan

Listing courtesy of Isabella Clark. Jason Millican Group

$190,000

2 Beds ⋅ 1 Baths

Welcome to small-town Sheridan, where opportunity meets affordability! This charming 2-bedroom, 1-bath home is the perfect chance to create a space that truly reflects your style while building equity along the way. Whether you're a first-time homebuyer, investor, or someone looking for a project with endless potential, this home is ready for your personal touches. Situated on a spacious double lot, you'll enjoy plenty of room to spread out both inside and out. Relax on the inviting covered front porch, entertain on the back porch, or take advantage of the two detached garages-ideal for vehicles, hobbies, a workshop, or extra storage. Priced under $200,000, opportunities like this are becoming increasingly hard to find. Enjoy the charm of small-town living with the freedom to make this property your own. Schedule your showing today and imagine the possibilities!

607 S Sheridan Avenue, Sheridan

Listing courtesy of Tina Floyd-Snodgrass. Homeward Bound Realty LLC

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Listings courtesy of MIBOR Broker Listing Cooperative as distributed by MLS GRID.

Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker of MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some listings have been excluded from this website.