trafalgar Homes under $400,000

trafalgar Homes under $400,000

Welcome to Trafalgar, Indiana – a hidden gem nestled in the heart of Johnson County. This charming town offers a perfect blend of small-town charm and modern convenience, making it an ideal place for families, young professionals, and retirees alike. With a population of just over 1,000 residents, Trafalgar boasts a tight-knit community where neighbors become friends, and local events foster a vibrant sense of belonging.

One of the most appealing aspects of Trafalgar is its affordability. Here, you can find a range of beautiful homes priced under $400,000. Whether you’re searching for a cozy starter home, a spacious family residence, or a quaint bungalow, Trafalgar has something to suit every taste and budget. The real estate market here is diverse, featuring charming older homes with character, as well as newer constructions that offer modern amenities.

Living in Trafalgar means enjoying the tranquility of rural life while being just a short drive away from the bustling cities of Indianapolis and Greenwood. Residents can take advantage of the nearby parks, local shops, and dining options that add to the town’s appeal. With excellent schools and a welcoming community spirit, Trafalgar is a place where you can truly feel at home.

Explore the possibilities of owning a piece of this charming town. With homes under $400,000, your dream of living in Trafalgar is within reach. Discover the warmth and charm of this delightful Indiana town today!

Newest trafalgar Homes under $400,000

215 Elva Street, Anderson
$215,000
3 Beds ⋅ 2 Baths
Immaculately kept and full of charm, this beautiful all brick ranch home offers wonderful curb appeal and a welcoming covered front porch. Designed for easy one level living, the home features stunning luxury vinyl plank flooring throughout the main living areas, installed just three years ago. The spacious great room is the heart of the home, featuring a tiled gas fireplace, large picture window, and plenty of natural light. The kitchen offers matching stainless steel appliances, beautiful tile flooring, and a convenient breakfast area. A separate dining room provides the perfect space for hosting. The generously sized primary bedroom features a huge walk-in closet. The beautifully remodeled full bathroom offers ample countertop space, a stunning glass enclosed shower, and a convenient linen closet. Two additional bedrooms showcase the home's original hardwood floors, while a half bath provides added convenience for guests. The great room also includes a walk-in closet, offering excellent additional storage. One of the highlights of this home is the spacious four-seasons room, surrounded by windows and featuring a wall heater and a custom bar, an incredible space for entertaining, relaxing, or enjoying the beautiful backyard views year-round. Outside, the large fully fenced backyard spanning a double lot offers plenty of space and privacy, with a covered concrete patio that's perfect for grilling, entertaining, and enjoying the outdoors. A storage shed provides even more space for outdoor equipment and tools. The attached two-car garage features a dedicated workshop area and additional storage. Additional updates include new windows, a newer water heater, water softener and a new HVAC system installed approximately three years ago. With beautiful updates, original character, abundant storage, and exceptional indoor and outdoor entertaining spaces, this meticulously maintained home is truly move-in ready.

215 Elva Street, Anderson

Listing courtesy of F.C. Tucker Company.

5684 Norwaldo Avenue, Indianapolis
$280,000
2 Beds ⋅ 2 Baths
Welcome to this charming and beautifully updated mid-century Broad Ripple bungalow that perfectly blends classic architecture with modern finishes. Full exterior painted June 2026. Step inside to discover a bright main level featuring hardwood floors that flow seamlessly through the living room, dining room, and both bedrooms. The living area is illuminated by natural light and enhanced by ceiling paddle fans. The fully updated kitchen is a standout space, boasting crisp white cabinetry, a striking patterned tile backsplash, and ceramic tile flooring. It comes equipped with stainless steel appliances, including an electric oven, microwave hood, dishwasher, and refrigerator. The main level includes two comfortable bedrooms offering hardwood flooring, fresh neutral paint palettes (Sept. 2026), and ceiling fans. An appointed full bathroom serves the main living areas. Downstairs, the unfinished block basement provides flexibility with nine hundred square feet of versatile, open space. Daylight windows allow natural light into the lower level, which features painted concrete floors and a dedicated laundry area with a washer, dryer, and utility sink. Brand new water heater in Feb. 2026. A convenient second full bathroom featuring a standup shower and vanity is also located in the basement. The exterior features sturdy concrete block construction and a large, fully fenced rear yard. The outdoor space showcases a custom patio area, mature trees, and an expansive lawn. The storage shed offers abundant room for all of your outdoor equipment. Offering a seamless combination of character and practical living spaces, this residential property is move-in ready. Conveniently located minutes from shopping, restaurants, and the arts.

5684 Norwaldo Avenue, Indianapolis

Listing courtesy of Keller Williams Indpls Metro N.

7536 N Gale Street, Indianapolis
$379,900
3 Beds ⋅ 2 Baths
Tucked away on a private over half acre lot surrounded by mature trees, this fully renovated 1,686 sq ft ranch offers a rare combination of privacy, versatility and an incredibly convenient Northside location. Featuring 3 bedrooms and 2 full baths, the home offers a wonderful floor plan with multiple living and dining spaces, a fireplace, and a comfortable primary suite with its own beautifully updated bath. Nearly every inch has been renovated, including a new roof, new windows, new HVAC, new flooring throughout, completely remodeled bathrooms, and an all-new kitchen featuring new cabinetry, quartz countertops, tile, appliances and finishes. One of the home's most unique features is the exceptional garage and flex-space configuration. The traditional 2-car attached garage connects to an additional rear 2-car tandem bay featuring the laundry area and ample room for a home gym, workshop, recreation space, hobby area or indoor/outdoor entertaining. A rear garage door opens directly to the covered porch and backyard, creating a truly versatile extension of the home. An expansive screened porch provides even more space to relax and enjoy the private, tree-lined setting. Despite its tucked-away feel, the location offers outstanding access to the best of Indianapolis' Northside-convenient to Keystone and The Fashion Mall, Broad Ripple, Carmel and Fishers, with quick access to I-465 and an easy route to downtown Indianapolis. Completely renovated, thoughtfully laid out and offering spaces you simply don't find in the typical ranch, this home is truly one of a kind.

7536 N Gale Street, Indianapolis

Listing courtesy of Trueblood Real Estate.

2726 S Lyons Avenue, Indianapolis
$300,000
A rare opportunity offering flexibility, space, and income potential-all in one property. Whether you're looking to expand your investment portfolio, offset your mortgage with rental income, or create a multi-generational living arrangement, this fully renovated tri-plex offers options that are hard to find. The property features three separate living spaces with a total of 7 bedrooms and 3 bathrooms. The main residence offers a spacious 3-bedroom, 1-bath layout, while the in-law quarters provide a private 2-bedroom, 1-bath setup. The third unit adds another 2 bedrooms and 1 bathroom, along with its own dedicated laundry room for added convenience. Previously generating approximately $5,000 per month in total rental income, this property offers compelling income potential for an investor or an owner-occupant looking to live in one unit while renting the others. Extensive renovations have already been completed throughout the property, including new HVAC systems, water heaters, plumbing, electrical, waterproof flooring, fresh interior paint, updated bathrooms, new faucets, appliances, and a new garage door. A 2-car garage provides additional value with space for parking, storage, or hobbies. With three living spaces, extensive updates, and multiple ways to use the property, this is more than just a home-it's an opportunity to create income, flexibility, and long-term value under one roof.

2726 S Lyons Avenue, Indianapolis

Listing courtesy of Keller Williams Indy Metro Partners.

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