new palestine Homes under $200,000

new palestine Homes under $200,000

Welcome to New Palestine, Indiana – a charming town where small-town charm meets modern convenience. Nestled in the heart of Hancock County, New Palestine offers a serene environment with a close-knit community feel, making it an ideal place for families, young professionals, and retirees alike. With its picturesque parks, friendly neighbors, and a rich history, New Palestine is a hidden gem just a short drive from the bustling city of Indianapolis.

One of the most appealing aspects of New Palestine is its affordability. Here, you can find a variety of homes under $200,000, making it an excellent choice for first-time homebuyers or those looking to downsize without sacrificing comfort. These properties offer a delightful mix of classic charm and contemporary updates, ensuring you can find a home that suits your style and needs. With spacious yards and welcoming interiors, these homes provide the perfect backdrop for creating lasting memories.

In addition to affordable housing, New Palestine boasts excellent schools, vibrant local businesses, and plenty of recreational opportunities. Spend your weekends exploring the scenic trails, enjoying community events, or indulging in the local dining scene. The town's commitment to fostering a family-friendly atmosphere makes it a wonderful place to call home.

If you’re searching for a community that combines affordability with a high quality of life, look no further than New Palestine, Indiana. Discover your dream home today in this delightful town where you can truly have it all!

Newest new palestine Homes under $200,000

2708 Belmar Avenue, Indianapolis
$185,000
3 Beds ⋅ 1 Baths
A HOME WITH THE UPDATES ALREADY DONE! This well-maintained 3-bedroom brick ranch has been refreshed from top to bottom with new luxury plank flooring and light fixtures throughout, an updated kitchen featuring durable ceramic tile flooring, and a completely remodeled bathroom in 2026. Outside, enjoy the peace of mind of a 2023 roof and gutters, plus a new 2026 deck and storage shed, enclosed patio, and fully fenced backyard-all with NO HOA!

2708 Belmar Avenue, Indianapolis

Listing courtesy of United Real Estate Indpls.

1126 E 28th Street, Anderson
$60,000
2 Beds ⋅ 1 Baths
Solid one-level brick ranch with sturdy bones and immediate rental income already in place. This 2-bedroom, 1-bathroom home sits on its own lot (no subdivision) in Anderson and offers a fully fenced backyard. Currently tenant-occupied and producing rental income, it is fully functional and livable in its present condition while offering clear upside for cosmetic updates and light TLC. Perfect for anyone who wants the quiet rural feel with a short drive to the energy of the city. Ideal for a beginning investor looking for a straightforward first property, or a seasoned investor wanting a simple cash-flowing hold. Brick exterior, single-story layout, and an established tenancy make this an easy entry point. This is also perfect for anyone who is looking for that quite rural feel with just a short drive to experience the bustling city life of Indianapolis!

1126 E 28th Street, Anderson

Listing courtesy of eXp Realty, LLC.

307 Burgess Avenue, Indianapolis
$199,900
5 Beds ⋅ 2 Baths
Amazing opportunity with this enormous Irvington fixer-upper. Formerly a triplex, this property has space for your imagination to run wild. Multiple kitchens and baths. Detached building provides options for additional storage or parking. Needs work, but priced accordingly.

307 Burgess Avenue, Indianapolis

Listing courtesy of Realty Wealth Advisors.

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®.

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.

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.

4863 N Katherine Drive, Indianapolis
$185,000
3 Beds ⋅ 2 Baths
** Seller willing to contribute towards Buyers closing costs!** Welcome home to this beautifully updated 3-bedroom, 1.5-bath home offering a fresh, move-in-ready feel throughout. Thoughtful improvements make this property a great option for a first-time buyer, downsizer, or anyone looking for a home where much of the updating has already been done. Inside, you'll find fresh paint, new flooring, and updated kitchen cabinetry that give the home a clean and refreshed look. The bathrooms have also been improved with a new vanity, adding to the modern feel of the space. Major updates include a new AC/HVAC system and a new garage door, offering added peace of mind for the next owner. ** To make the opportunity even better, the seller is offering $2,000 toward the buyer's closing costs! ** With its manageable layout, numerous updates, and valuable seller incentive, this home is ready for its next chapter. Schedule your showing and come see everything it has to offer!

4863 N Katherine Drive, Indianapolis

Listing courtesy of 1 Percent Lists Indiana Real Estate.

721 Pershing Street, Seymour
$164,900
2 Beds ⋅ 1 Baths
*OPEN HOUSE SUNDAY OCTOBER 4th 1-3pm* Cozy, affordable, and full of potential!! Perfect for first-time buyers, downsizers, or investors, this charming 2-bedroom, 1-bath home is conveniently located on the west end of Seymour, just minutes from the interstate and major highways!! Enjoy peace of mind knowing the big-ticket updates have already been taken care of, including a NEW HVAC system (2026), NEW water heater (2026), NEW gutters (2024), and a roof that's only 7 years old!! Inside, you'll find hardwood flooring and a fully applianced kitchen with convenient access to the shady, fully fenced backyard. Affordable living, major updates, and a convenient location make this one worth a look! Don't miss your chance to make it your own!

721 Pershing Street, Seymour

Listing courtesy of Real Broker, LLC.

1419 Leonard Street, Indianapolis
$135,000
3 Beds ⋅ 1 Baths
Incredible investment opportunity or DIY project loaded with classic character! This 3-bedroom, 1-bathroom home is being sold as-is and offers incredible potential for a buy-and-hold rental property, value add flip, or custom primary residence.

1419 Leonard Street, Indianapolis

Listing courtesy of FS Houses LLC.

5736 Blackley Lane, Indianapolis
$195,000
3 Beds ⋅ 2 Baths
Welcome home to 5736 Blackley Lane! This charming 3 bed 2 bath ranch is the perfect blank canvas, ready for its new owner to bring their creative vision to life. Nestled in the Liberty Village neighborhood of Pike Township, this inviting abode offers 1,116 sqft of living space with a bright, functional layout. The heart of the home, the living room, provides a welcoming atmosphere with cathedral ceilings, updated LVP flooring(2019), & a cozy fireplace perfect for those chilly Fall & Winter evenings. Two secondary bedrooms & a full hallway bathroom offer privacy & convenience for everyone. Your spacious primary suite includes dual closets & a full en-suite bath, with ample natural lighting & a half-vaulted ceiling, enhancing the sense of space and tranquility. A dedicated laundry & utility room attached to the 2-car garage keeps chores, mechanical units, and storage out of sight, designed for ease and convenience. The spacious, tree lined backyard & concrete patio complete the home, offering a serene place to relax or entertain guests. The addition of gutter guards & newer downspouts(2023), plus a newer garage door and roof, offers peace of mind when it comes to costly exterior items. Located minutes from Eagle Creek Park, Indianapolis Motor Speedway, and with easy access to I-465 & I-65, this gem perfectly balances affordability & prime location. Whether you're looking for your first home, your next investment property, or just looking for a change, with a little imagination & some TLC, this home is sure to check all of your boxes. Showings start 10/4

5736 Blackley Lane, Indianapolis

Listing courtesy of F.C. Tucker Company.

1530 Barth, Indianapolis
$194,900
3 Beds ⋅ 2 Baths
Investor opportunity you don't want to miss! This property is packed with potential and offers a great opportunity for an investor or buyer looking to create a home of their own. Featuring 3 bedrooms plus a bonus room, a spacious layout, and a basement with additional potential to be finished for even more usable space. A portion of the renovation has already been completed - now it's ready for the next owner to finish the remaining work and bring their vision to life. With charming architectural details, a covered front porch, plenty of space, and multiple opportunities to add value, this property has so much to offer. Whether you're looking for your next investment project or a home to customize and make your own .don't miss this opportunity!

1530 Barth, Indianapolis

Listing courtesy of Compass Indiana, LLC.

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