indianapolis Homes under $350,000

indianapolis Homes under $350,000

Welcome to Indianapolis, a vibrant city that beautifully blends the charm of Midwestern hospitality with the excitement of urban living. Known as the "Crossroads of America," Indianapolis is not only famous for its rich history and diverse culture but also for its thriving economy and family-friendly atmosphere. With a population of over 880,000, this dynamic city offers a variety of attractions, from the iconic Indianapolis Motor Speedway to the serene beauty of the White River State Park.

For those seeking a place to call home, Indianapolis boasts an impressive selection of homes under $350,000, making it an ideal destination for first-time buyers, families, and investors alike. Whether you’re looking for a cozy bungalow in a historic neighborhood or a modern townhouse in a bustling area, you’ll find a wide range of options that cater to various tastes and lifestyles.

The housing market in Indianapolis is not only affordable but also diverse, with charming homes featuring classic architecture, spacious yards, and access to excellent schools and parks. The city’s neighborhoods each have their unique character, from the artsy vibe of Fountain Square to the family-friendly streets of Broad Ripple.

With a low cost of living and a strong sense of community, Indianapolis is a place where you can thrive. Explore the possibilities of finding your dream home in this welcoming city, where opportunities abound and every corner has a story to tell. Your new life in Indianapolis awaits!

Newest indianapolis Homes under $350,000

3480 Riley Street, Westfield
$330,000
3 Beds ⋅ 3 Baths
The Miles Townhome combines modern style, space, and low-maintenance living. This 1,574-square-foot end unit features 3 bedrooms, 2.5 baths, and a 2-car garage, plus an additional 10-foot private courtyard for added outdoor living and privacy. Inside, enjoy an open, functional layout with quartz countertops throughout, 42-inch kitchen cabinetry, LVP flooring, and stainless-steel appliances. Thoughtfully designed for comfortable everyday living, The Miles delivers the space and finishes you want with the convenience of townhome living. Highlights: End unit, 10 foot of additional courtyard space for a large patio, 42 inch kitchen cabinet, cabinets, quartz countertops, GE stainless steel appliances, LVP flooring on main, tankless water heater.

3480 Riley Street, Westfield

Listing courtesy of F.C. Tucker Company.

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®.

560 E Timberbrook Estate, Shelbyville
$289,900
4 Beds ⋅ 3 Baths
Welcome to 560 E Timberbrook Est in Shelbyville, located in a desirable rural subdivision on a beautiful wooded lot a little under an acre. This spacious home offers 4 bedrooms, 2.5 bathrooms, a large family room with a wood-burning fireplace, plus separate living and dining rooms. The standout feature is the brand-new kitchen, complete with all-new appliances, soft-close cabinetry, quartz countertops, new backsplash, two large pantry cabinets, and an impressive assortment of cabinet organizers and inserts. All bathrooms have also been updated, and newer LVP flooring has been installed throughout the home in recent years. Additional features include a full unfinished basement and a 2-car side-load garage. With a little TLC, this property has the potential to be an incredible home in a wonderful setting. Seller is highly motivated and is offering $5,000 in seller concessions plus a $600 home warranty with an acceptable offer. Property is being sold as-is.

560 E Timberbrook Estate, Shelbyville

Listing courtesy of Creech Realty, LLC.

8102 Brookmont Court, Indianapolis
$195,000
3 Beds ⋅ 2 Baths
Freshly painted throughout, this spacious 3-bedroom, 2-full-bath condo in Hidden Creek offers 1,442 square feet of inviting living space. Built in 1994, the home features vaulted ceilings throughout, abundant natural light, an open kitchen, and a fireplace that adds warmth to the living area. Enjoy convenient parking with a spacious private garage (#125), complete with a garage door opener, plus a dedicated parking space (#174) right outside the front door. An additional storage unit in the building and ample storage space in the garage provide room for seasonal items and more. All appliances are included-even the washer and dryer! Hidden Creek Association amenities include a clubhouse, fitness room, pool, and tennis courts. With its spacious layout, fresh interior, and community amenities, this condo offers a wonderful combination of comfort, convenience, and value.

8102 Brookmont Court, Indianapolis

Listing courtesy of New Quantum Realty Group.

394 Longleaf Lane, Greenfield
$347,000
4 Beds ⋅ 3 Baths
Discover the allure of this single-family residence built in 2020, offering 2346 square feet of living space in GREENFIELD, IN. This attractive property is in great condition, presenting an exceptional opportunity for sophisticated living. The open kitchen flows beautifully into the main living area, with easy access to the secluded backyard which is perfect for relaxing in the evenings or entertaining family and friends. The water view in the back is unbeatable. The kitchen also features stainless steel appliances and a full pantry. The principal bedroom offers the added convenience of a walk-in closet, providing ample storage and a sense of luxury. The primary bathroom boasts a stand-up shower, walk-in closet, and dual sinks. Storage will never be an issue in this home. Greenfield offers that small-town feel while still being just 25 minutes from Indianapolis. Grocery stores and shopping are just minutes away, and the area is full of local hangouts, nightlife, and charming coffee shops - be sure to check out Wooden Bear Brewing Company! With parks, outdoor recreation, and nearby fitness facilities, this community truly offers a lifestyle for everyone.

394 Longleaf Lane, Greenfield

Listing courtesy of Vylla Home.

969 Stonegate, Greenwood
$270,000
3 Beds ⋅ 2 Baths
Discover the inviting charm of 969 Stonegate in Greenwood, IN. This 2302 square foot single family residence, built in 1976, is ready to move into and offers a comfortable, multi-level living experience across its three stories. The heart of this home is an open plan kitchen, seamlessly connecting with the living room. It's equipped with stainless steel appliances, ready for culinary adventures and entertaining. The living room itself provides a cozy ambiance, centered around a fireplace, perfect for gathering and relaxation. Beyond the interior, this split-level home also benefits from an attached garage, providing practical storage and parking solutions. Schedule your private viewing to experience the comfortable lifestyle this property offers. All room Sizes and total Square Feet should be confirmed by the buyer .

969 Stonegate, Greenwood

Listing courtesy of Values Driven Realty, Inc..

3485 E 196th Street, Westfield
$332,392
3 Beds ⋅ 3 Baths
More space, more privacy, and modern style come together in The Miles! This 1,574-square-foot end unit features 3 bedrooms, 2.5 baths, and a 2-car garage, offering plenty of room for comfortable everyday living. Inside, enjoy a thoughtfully designed layout with quartz countertops throughout, 42-inch kitchen cabinetry, LVP flooring, and stainless-steel appliances. With the added privacy of an end-unit location and the convenience of low-maintenance townhome living, The Miles is designed to make you feel right at home. Highights: End unit, Private courtyard, 42 inch kitchen cabinets, All quartz countertops throughout, Included stainless steel appliances, Tankless water heater.

3485 E 196th Street, Westfield

Listing courtesy of F.C. Tucker Company.

1244 Crabapple Road, Franklin
$335,000
4 Beds ⋅ 2 Baths
Welcome to 1244 Crabapple Rd in Franklin's desirable Cumberland Trace! Built in 2017 and beautifully maintained, this spacious 2,034 SF home offers modern finishes, flexible living spaces, and a comfortable open-concept design. The main living area features 9-foot ceilings that add to the bright, open feel of the living room and kitchen. Rich dark wood cabinetry complements the kitchen beautifully and provides plenty of storage and workspace. With 4 bedrooms and 2 full baths, there's room to adapt the home to your lifestyle. The generously sized 4th bedroom offers wonderful flexibility and could easily serve as a loft, family room, rec room, home office, or guest space. An attached 2-car garage provides additional storage and convenience. Outside, the fully privacy-fenced backyard creates your own private retreat, with a patio ready for grilling, entertaining, or simply relaxing at the end of the day. With its modern finishes, functional floor plan, and fantastic location in a quiet Franklin neighborhood, this Cumberland Trace home is ready for its next owner!

1244 Crabapple Road, Franklin

Listing courtesy of Keller Williams Indy Metro Partners.

830 N Temple Avenue, Indianapolis
$350,000
3 Beds ⋅ 2 Baths
Welcome home to this charming and beautifully updated 3 bedroom, 2 full bath home on the near eastside. Close to every amenity Indy has to offer. Just a few minutes from downtown. Home has been completely remodeled and with all new mechanicals. The kitchen has gorgeous quartz countertops, new cabinets and a stainless steel appliance package "not pictured". Complete interior paint, vinyl plank flooring and tiled bathroom floors and showers make this home completely move in ready. Full bathroom in the primary on the main level. The spacious loft upstairs provides excellent flex space. Enjoy beautiful sunsets from the fully fenced private back yard overlooking the western sky. Home comes with a 1 year home warranty. Come see this home now.

830 N Temple Avenue, Indianapolis

Listing courtesy of eXp Realty LLC.

1124 N Sheffield Avenue, Indianapolis
$115,000
2 Beds ⋅ 1 Baths
Discover a charming piece of Indianapolis history at 1124 N Sheffield AVE, a single-family residence built in 1920. This 1,040-square-foot home offers a unique opportunity to embrace a timeless lifestyle. Enclosed porch feature great for morning coffee or afternoon tea time. With two comfortable bedrooms and original hardwood floors, this home provides versatile living arrangements. The single full bathroom is thoughtfully designed for everyday convenience. This single-story residence sits on a generous 5532-square-foot lot, offering ample outdoor space for your personal vision. Embrace the opportunity to create your ideal living experience in this distinctive property; schedule your private viewing today. Windows and Siding within the last 4-5 years Across from popular Allegiant Preparatory Academy! Property sold as-is; please attach As-Is Addendum with all offers!

1124 N Sheffield Avenue, Indianapolis

Listing courtesy of B & K Realty, Inc.

8030 Cole Wood Boulevard, Indianapolis
$325,000
3 Beds ⋅ 3 Baths
Amazing 4000+ sqft, 3 bed | 2.5 baths, full Basement home on Indy's near South East side! Living room, family room, dining room, kitchen, office & bath all on main level. Office could easily be converted to 4th bedroom. Large primary en-suite with garden tub, separate shower, double sinks, and a walk in closet. 25'x20' loft on 2nd floor as well. Spacious utility room, multiple closets for storage. Large deck in back yard with pond view. This home needs minor cosmetic TLC. Fresh coat of paint, small drywall repairs, and a blank canvas with the unfinished basement! Security system and camera doorbell included!

8030 Cole Wood Boulevard, Indianapolis

Listing courtesy of Keller Williams Indy Metro NE.

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