Center Homes under $200,000

Center Homes under $200,000

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Newest Center Homes under $200,000

3511 E 10th Street, Indianapolis
$44,000
If you are looking for a value add opportunity this could be the property for you! This duplex is in need of some work but it is priced accordingly. This property is being sold with 2 other properties so if you have interest in purchasing multiple properties please reach out to list agent.

3511 E 10th Street, Indianapolis

Listing courtesy of Wilmoth Group.

101 Kansas Street, Indianapolis
$150,000
1 Beds ⋅ 1 Baths
Location, Location, Location!! Situated steps from Kelly Park (recently renovated in 2022) in the heart of historic Old Southside and just minutes from Lucas Oil Stadium, Gainbridge Fieldhouse, vibrant Fountain Square and Downtown Indianapolis. This rapidly growing neighborhood is surrounded by stunning new builds, residential renovations, new apartment communities, and a brand new local hotel. Whether you're looking for the perfect starter home or a high-upside investment/rental opportunity, this updated and fully furnished home is completely move-in ready. Major mechanical and exterior updates include a 5-year-old central A/C with a security cage, keyless WiFi locks, and an exterior security camera. Inside, enjoy luxury vinyl plank (LVP) flooring throughout, along with updated lighting and ceiling fans. The refreshed kitchen features a subway tile backsplash, refinished concrete countertops, a pull-down sprayer faucet, and updated appliances. The bathroom & laundry area offers refinished tile, a new showerhead, washer & dryer, and accent feature walls. The bedroom shines with a custom slat wall feature and integrated nightstands with USB ports. Sold fully furnished, just bring your bags or start renting on day one!

101 Kansas Street, Indianapolis

Listing courtesy of F.C. Tucker Company.

310 N Chester Avenue, Indianapolis
$190,000
3 Beds ⋅ 2 Baths
Welcome to this beautifully remodeled home, updated from top to bottom and ready for its next owner. The home features a new kitchen, two newly tiled bathrooms, and fresh floors and walls throughout. Built in 1916, this 2,192-square-foot home offers a comfortable mix of original character and modern updates. With three bedrooms and two full bathrooms, there is plenty of room to relax and make the space your own. Additional finished space on the upper level is great for a rec room, home office, or extra storage and closet space. The 1.5-story home sits on a large lot with lots of outdoor potential, plus a large shade tree that is perfect for backyard barbecues. Conveniently located near downtown Indy with easy access to the everyday amenities you need.

310 N Chester Avenue, Indianapolis

Listing courtesy of CENTURY 21 Scheetz.

1902 N Linwood Avenue, Indianapolis
$100,000
2 Beds ⋅ 1 Baths
Welcome home to 2 bedrooms and 1 full bath. This home has a large 2 car garage and is fully fenced. Hookups for either gas or electric oven/range are in place. This home is tenant occupied and would make a great addition to your rental/investment portfolio. Make it yours!

1902 N Linwood Avenue, Indianapolis

Listing courtesy of The Stewart Home Group.

1844 N Linwood Avenue, Indianapolis
$110,000
2 Beds ⋅ 1 Baths
Such a cutie! In the last 5 years this home has been given new; windows, HVAC system, and laminate flooring. Home features 2 bedrooms and 1 full bath while a carport and garage sit nicely in back. Hookup for gas or electric oven/range. This home is tenant occupied and would make the perfect addition to your rental/investment portfolio.

1844 N Linwood Avenue, Indianapolis

Listing courtesy of The Stewart Home Group.

3318 E Saint Clair Street, Indianapolis
$164,900
2 Beds ⋅ 1 Baths
Completely renovated and move-in ready! This beautifully updated 2-bedroom home features a brand-new HVAC system, new windows, new flooring, fresh paint throughout, updated lighting, a fully renovated kitchen with all new Whirlpool appliances, a beautifully updated bathroom, new insulation, and extensive drywall, plumbing and electrical improvements. Thoughtfully redesigned with modern finishes while maintaining its original character. Conveniently located just 5 minutes from downtown Indianapolis, Mass Ave, Bottleworks District, Kan-Kan Cinema, and the exciting growth taking place throughout the Near Eastside. A rare opportunity to own a substantially renovated home with major system updates already completed.

3318 E Saint Clair Street, Indianapolis

Listing courtesy of Keller Williams Indy Metro NE.

4658 Farrington, Indianapolis
$185,000
2 Beds ⋅ 2 Baths
Stylish, turnkey, and proven. This fully furnished Christian Park bungalow is ready for an investor or for a buyer who wants a home with real character. The 2-bedroom, 1.5-bath home was fully renovated in 2022 with new systems and roof. Inside you'll find refinished hardwood floors, stainless steel appliances, and a curated mix of bohemian-inspired furniture, both new and thoughtfully thrifted, that conveys with the sale. The basement adds laundry and flexible bonus space. Outside, it sits on a fenced corner lot with an oversized 2-car garage. As a short-term rental it has an excellent track record, with only a handful of open weekends across years of operation. Current management is in place and may be able to transition to the new owner. The location is minutes from Irvington's shops, restaurants, and pubs, and close to the Pennsy Trail, which connects to the Cultural Trail downtown. IU Health Methodist, Eskenazi, and Riley are 10-15 minutes away, and Mass Ave, the Convention Center, and Lucas Oil Stadium are about 12 minutes. Move right in or start booking guests. Investment Overview PDF attached. The home has averaged over $2000 in monthly income as both STR & MTR.

4658 Farrington, Indianapolis

Listing courtesy of @properties.

405 N Bradley Avenue, Indianapolis
$129,000
3 Beds ⋅ 1 Baths
Come check out this charming little bungalow. Home offers many updates. 3 bedrooms 1 full bath. Ready for the new owner to make it it's on. Has been used as a rental that last few years.

405 N Bradley Avenue, Indianapolis

Listing courtesy of Trueblood Real Estate.

445 Gimber, Indianapolis
$170,000
3 Beds ⋅ 2 Baths
Some homes just feel easy from the moment you walk in, and this is one of them. This ranch has been genuinely loved and cared for, and it shows. You'll find 3 bedrooms, 2 full baths, and a layout that simply makes sense, all on one level. The updates were done with good taste, think tiled showers and butcher block countertops, and the owners have kept everything in great shape ever since. They've also just added brand-new carpet and fresh paint throughout, so there's nothing to do but unpack. The big-ticket items are already taken care of, with the roof and HVAC both just 6 years old, and all the appliances stay. Step outside and you'll notice the yard has been cleaned up and opened up, while the mature trees still give you that tucked-away, private feeling. Need more storage? The mini barn has you covered. No HOA, and it's well suited for conventional, FHA, or VA financing. Come see it for yourself, you might not want to leave!

445 Gimber, Indianapolis

Listing courtesy of The Stewart Home Group.

933 E Morris Street, Indianapolis
$199,000
4 Beds ⋅ 2 Baths
Take a look at this spacious "opportunity home," boasting over 1500sf above-grade, a rare 4 bedrooms & 2 full baths (including one of each on the main floor), sitting right in the heart of Fountain Square. Featuring many updates in recent years, this house is mechanically & structurally sound, totally habitable as it sits & easy to live in, with elevated ceilings, large rooms, a convenient floor plan, detached garage & fully-fenced backyard. Entering the foyer, you're immediately greeted with a warm welcome & a period-appropriate turned staircase. But, to be honest, she has been a rental for eons & does need a little TLC - particularly an exterior paint job (so no government loans, please). With a little love and some new finishes, this is a bargain for an owner occupant, or a gem for a rental portfolio. The attic space attached to one of the bedrooms gives you more room to work with - maybe you turn it into a home office, killer walk-in closet, reading nook, or something totally different, the choice is yours. The garage has a new garage door opener and motion-sensing lights. There's also a sidewalk, leading right up to the back door, allowing secure and easy access to come and go! And lastly... you can't forget about the covered front porch, which is the perfect spot for your morning coffee, a glass of wine, or those late-night talks with whoever you want to share the space with. There's a lot of potential here, and this one is ready for the right person to bring it back to life and priced to make the investment worthy!

933 E Morris Street, Indianapolis

Listing courtesy of Carpenter, REALTORS®.

2013 S Meridian Street, Indianapolis
$75,000
2 Beds ⋅ 1 Baths
Investors, developers and visionaries, bring your blueprints and your tools, because this property is packed with upside and value-add potential! Small but mighty, this turn-of-the-century bungalow features 2 bedrooms, 1 full bathroom w/ laundry & an enclosed sunroom for incremental living space! She appears to be structurally sound & provides opportunity for cash flow as a rental or she would make a VERY affordable owner-occupied HOME. The real magic, however, lies in the future of the location for redevelopment to commercial or light industrial, as she is surrounded by vacant lots, adjacent to commercial & ready to be rezoned. For the time being, there is a storage shed, fenced yard and a detached garage w/ convenient alley access (the garage appears to need some structural reinforcement & is sold AS IS), a dry basement & modern mechanicals. The options here are wide open. Maybe you rehab the property to craft a charming, low-overhead rental OR wipe the slate clean and see what the future holds for this area of S Meridian St, located sooooo close to downtown Indy, with an entire block ready for redevelopment & an up & coming neighborhood behind it, enjoying a new life in renovation.

2013 S Meridian Street, Indianapolis

Listing courtesy of Carpenter, REALTORS®.

1341 N Dearborn Street, Indianapolis
$112,000
3 Beds ⋅ 2 Baths
BIG SPACE. HISTORIC CHARACTER. SERIOUS POTENTIAL. Opportunity awaits at 1341 N Dearborn St! Built in 1910, this spacious 2-story traditional home offers 2,245 square feet, 3 bedrooms, 2 full baths and a 2-car detached garage-a hard-to-find combination for a property ready for its next chapter. The flexible floor plan features one bedroom and a full bath on the main level, plus two additional bedrooms and a second full bath upstairs, creating options for a variety of living arrangements. With its classic wood-and-brick exterior, vinyl windows and generous interior footprint, this home gives renovators, investors and buyers ready to build equity plenty to work with. Whether the vision is a thoughtful renovation, long-term investment or a home customized from the ground up, the size and layout provide an excellent starting point. And don't overlook the location. Situated on Indianapolis' Near Eastside, the property is near neighborhood schools including Brookside School 54 and historic Arsenal Technical High School, whose 76-acre campus offers college- and career-focused programming. Outdoor recreation is nearby at Brookside Park, a 108-acre city park featuring wooded green space, playgrounds, basketball and tennis courts, disc golf, a pool and community facilities, with Pogue's Run connecting toward other Near Eastside destinations. Just beyond the neighborhood, enjoy convenient access to downtown Indianapolis and the Mass Ave/Bottleworks District, with restaurants, retail, The Garage Food Hall, Living Room Theaters, Pins Mechanical and other entertainment. Downtown also puts major employment, cultural attractions and higher-education campuses-including IU Indianapolis and Purdue University in Indianapolis-within convenient reach. Bring your vision and unlock the possibilities in this spacious Near Eastside property. Home needs TLC and is being sold AS-IS. Seller does not intend to make repairs.

1341 N Dearborn Street, Indianapolis

Listing courtesy of Red Bridge Real Estate.

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