greenwood Homes under $400,000

greenwood Homes under $400,000

Welcome to Greenwood, Indiana – a vibrant and welcoming community nestled in Johnson County! Known for its charming neighborhoods, excellent schools, and a plethora of recreational opportunities, Greenwood is the perfect place to call home. Just a short drive from downtown Indianapolis, residents enjoy the perfect blend of suburban tranquility and urban convenience.

Greenwood boasts a rich history and a bright future, with a thriving local economy and a strong sense of community. The city is home to numerous parks, trails, and recreational facilities, making it an ideal spot for families, outdoor enthusiasts, and anyone looking to enjoy an active lifestyle. The city's commitment to maintaining green spaces ensures that residents have access to nature right at their doorstep.

For those looking to settle down in Greenwood, the real estate market offers an array of options, especially for homes priced under $400,000. Whether you’re seeking a cozy single-family home, a modern townhouse, or a charming bungalow, Greenwood has something to suit every taste and budget. These homes often come equipped with spacious yards, updated amenities, and proximity to schools and parks, making them perfect for growing families or individuals looking to invest in their future.

With a strong sense of community, excellent schools, and affordable housing options, Greenwood is not just a place to live – it’s a place to thrive. Come explore all that this delightful city has to offer, and discover why so many people are proud to call Greenwood home!

Newest greenwood Homes under $400,000

10480 Watkins Drive, Indianapolis
$354,900
3 Beds ⋅ 3 Baths
ASSUMABLE MORTGAGE 4.75%. This semi-custom home was meticulously constructed to compete with all the up and coming production homes while retaining the features buyers were reluctant to give up at the time. This house is on a crawl space which gives options for changing plumbing and wiring etc. The entry keeps the informal living space separate from the den/living room and dining room areas and has real hardwood floors. The doors are all solid wood and the baseboards and trim are all real wood. You won't hear your neighbors noise from inside this home! The crown jewel is a recently finished bonus room that is 700 square feet! You could put another bedroom in it and still have plenty of room for all kinds of relaxed family fun. The home has roomy bedrooms all with walk in closets and a primary bedroom with a full shower, a garden tub and a walkin closet with classy built-ins. The kitchen has real wood cabinets and newer stainless appliances and a gas range and a built in table and benches. The home is a total of over 3100 square feet so yes you might want to do some updating but at this price its well worth doing....especially if you assume this low interest rate mortgage! Large 2 car finished garage, fenced yard, cozy deck and a side load garage complete the package. Roof less than a year old. Water heater , Furnace, electric fireplace, refinished deck, kitchen sliding doors, carpet have all been replaced in less than the last 2 years. Paint colors are shades of gray and blue. Carpet is light gray.

10480 Watkins Drive, Indianapolis

Listing courtesy of Carpenter, REALTORS®.

384 W Harrison Street, Martinsville
$199,900
3 Beds ⋅ 1 Baths
OPEN HOUSE SUNDAY, OCT 4TH NOON-2PM - Searching for an updated 3 bedroom home in Martinsville near downtown? This charming 1911 home was extensively remodeled in 2020, blending the character buyers love with major updates including electrical, plumbing, windows, roof, water heater, kitchen countertops, fresh paint, and more. Inside, 9-foot ceilings and abundant windows create a bright, open feel while crown molding, tray ceilings, and thoughtful details preserve the personality that makes an older home special. The large eat-in kitchen is made for gathering, featuring updated cabinetry and countertops, an apron-front sink, included appliances, and double doors opening directly to the back deck for grilling, dining, and relaxing outside. A full bathroom and laundry room are conveniently located on the main level, while all three bedrooms are tucked upstairs. Multiple outdoor living spaces give you even more room to enjoy home, including the cozy covered front porch with a classic porch swing and the spacious back deck. Best of all, the low-maintenance corner lot means less time spent on yardwork while keeping you close to downtown Martinsville, shopping, dining, parks, schools, and everyday conveniences. Whether you're a first-time homebuyer, ready to stop renting, or simply searching for a move-in-ready 3 bedroom home in Martinsville with historic character and modern updates, 384 W Harrison Street offers an exciting combination of affordability, location, charm, and manageable upkeep that's hard to find.

384 W Harrison Street, Martinsville

Listing courtesy of The Modglin Group.

22 E 206th, Sheridan
$95,000
2 Beds ⋅ 1 Baths
ATTENTION REHAB VISIONARIES, LAND-BANKERS & BUILDERS! Here is your chance to unlock serious opportunity in Hortonville, just outside the multi-million $ Chatham Hills neighborhood & the HOT town of Sheridan, positioned directly in the path of growth. This property sits close to the upcoming Ironstone Master Plan, a massive new Planned Unit Development, bringing hundreds of luxury single-family homes and townhomes to the forgotten burg of Hortonville. The heavy wave of new infrastructure and commercial investment heading this way will shift local values exponentially, sooner rather than later. Investors have total flexibility with two clear plays on this parcel. You can run a quick value-add rehab on the existing house to cash in on rental demand OR flip into a low-inventory market. Alternatively, clear the lot, land-bank the site, and sit back while surrounding mega-projects drive land values sky-high. Massive upside, flexible exit strategies, and a front-row seat to Hortonville's expansion make this a rare addition to any portfolio. Selling strictly AS-IS, WHERE-IS - bring your contractors, developers, or buy-and-hold funds. No value has been given to the structure, though it was inhabited until end of September, 2026, as a long-term rental. Inspections are FYI only, seller will entertain no repair requests. No AS IS Addendums or inspection contingencies - what you see is what you get. Sold for tear-down value, but what you can make of it is your perrogative.

22 E 206th, Sheridan

Listing courtesy of Carpenter, REALTORS®.

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