46201 Homes under $300,000

46201 Homes under $300,000

Welcome to the vibrant and diverse neighborhood of 46201, nestled in the heart of Indianapolis, Indiana. Known for its rich history and community spirit, this zip code offers a unique blend of urban convenience and suburban charm. With its close proximity to downtown Indianapolis, residents enjoy easy access to a plethora of dining, shopping, and entertainment options, making it an ideal place for both families and young professionals.

One of the most appealing aspects of the 46201 area is the availability of homes under $300,000. This affordability does not mean compromising on quality or character. Many properties in this neighborhood boast historic architecture, spacious layouts, and inviting yards, perfect for those looking to start their homeownership journey or invest in a growing community. From cozy bungalows to charming two-story homes, there’s something for everyone in this price range.

Living in 46201 means embracing a lifestyle enriched by local parks, cultural events, and a strong sense of community. The area is home to several parks, providing ample opportunities for outdoor activities and family gatherings. Additionally, the neighborhood hosts various events throughout the year, allowing residents to connect and foster friendships.

Whether you’re a first-time homebuyer or searching for a new investment opportunity, the 46201 zip code offers an exciting array of options. Discover the charm of Indianapolis and find your dream home in this thriving community today!

Newest 46201 Homes under $300,000

701 Carlyle Place, Indianapolis
$199,900
2 Beds ⋅ 2 Baths
Step into instant equity! This house recently appraised for 230k and is available for the next buyer ready to finish the project off. Why such a great deal you ask? The current seller is an investor simply needing to move resources into a bigger project. Everything has been redone! New plumbing! New HVAC! New electrical! New drywall and flooring! New bathrooms, new kitchen, and new lighting! New roof! All new appliances as well! These kinds of opportunities don't come very often. Take advantage of this deal and move on this today. An easy win for new investors and an easy win for savvy owner occupied buyers.

701 Carlyle Place, Indianapolis

Listing courtesy of Peter Khosla, Inc.

1203 N Euclid Avenue, Indianapolis
$175,000
2 Beds ⋅ 1 Baths
Charming and ready for its new owner, this 2 bedroom, 1 bath home on Indianapolis's near eastside is full of pride of ownership. A newer roof (approx. 4-5 years old) and fresh exterior paint give this home great curb appeal from the moment you arrive. Step inside to find a cozy, thoughtful layout. Then head out back to discover a generously sized 2-car garage - a rare find for a home this size, and perfect for extra storage, a workshop, or weekend projects. The bathroom has been freshly updated with a new vanity, tile, toilet, and paint, giving it a clean, refreshed feel. Downstairs, an unfinished basement offers nearly 900 square feet of additional space with endless possibilities. - ideal for storage now, or future finished living space down the road. Tucked into a walkable Near Eastside neighborhood with easy access to downtown Indianapolis, this home is a great opportunity for a buyer looking to add their own personal touch. Don't miss your opportunity - schedule your showing today!

1203 N Euclid Avenue, Indianapolis

Listing courtesy of Real Broker, LLC.

1302 N Oxford Street, Indianapolis
$265,000
Income-producing duplex opportunity at 1302-1304 N Oxford St! Each side features 2 bedrooms and 1 full bathroom, with approximately 1,389 square feet of total living space. The property has had the same tenants in place since the current ownership purchased it in 2022, providing established rental history and consistent occupancy. The duplex currently generates approximately $2,400 per month in gross rental income. The owner is responsible for water, while tenants pay their own electric. Since 2022, ownership has completed updates throughout the property, both inside and out, helping improve the overall condition while preserving its rental potential. With existing tenants, established income, and continued improvements already made, this property offers an attractive opportunity for an investor looking to add a stabilized multifamily asset to their portfolio. 1304 Lease ends March 2027. 1302 is MTM for those looking to house hack.

1302 N Oxford Street, Indianapolis

Listing courtesy of @properties.

3934 E 10th Street, Indianapolis
$220,000
Your next investment opportunity has arrived! Close to downtown, this recently fully renovated duplex is ready for it's next owner. The 2-bedroom unit is currently being rented at $775/mo w/ tenant paying utilities. The 3 bedroom unit is currently vacant, giving you the opportunity to select your own tenant and rents! Ample parking out back and close to amenities ensures this will be your next best investment. Schedule a showing today!

3934 E 10th Street, Indianapolis

Listing courtesy of Real Broker, LLC.

802 N Oakland Avenue, Indianapolis
$179,900
2 Beds ⋅ 1 Baths
New roof, HVAC, exterior doors, and electrical service on this renovated home. 2 bedrooms on the main level, plus a bonus room upstairs with a new ductless mini-split that could you be used as a 3rd bedroom or a game room. The new kitchen features Quartz tops, a tile backsplash, and stainless steel appliances. While the bathroom is fully updated, offering a tiled tub surround. New flooring, lighting, outlets, light switches, recessed lighting, and mini blinds included. The unfinished basement is great for extra storage.

802 N Oakland Avenue, Indianapolis

Listing courtesy of F.C. Tucker Company.

439 S Dearborn Street, Indianapolis
$169,900
3 Beds ⋅ 2 Baths
Welcome to 439 S Dearborn St! This 3-bedroom, 2-bath home has been completely transformed since its previous sale, offering a refreshed and inviting interior while maintaining the character of this classic Indianapolis bungalow. The home features new electrical, updated finishes, and a functional single-level layout with an additional bonus room perfect for a home office, playroom, or flex space. You'll also find convenient main-level laundry and an unfinished basement offering additional storage and possibilities. Outside, enjoy the covered patio and a convenient location near Downtown Indianapolis with easy access to shopping, dining, and major highways. Schedule your showing today!

439 S Dearborn Street, Indianapolis

Listing courtesy of BluPrint Real Estate Group.

314 Jefferson Avenue, Indianapolis
$300,000
3 Beds ⋅ 2 Baths
Just steps from Commons Park and minutes from downtown Indianapolis, this charming 1925 Willard Park home pairs 1920s charm with a bright, modern interior and the benefits of an extensive 2020 renovation. A garden gate and landscaped front yard create a welcoming approach to the huge covered front porch, an inviting place to sit and enjoy the neighborhood. Inside, soaring ceilings, engineered hardwood floors, Craftsman inspired trim and abundant natural light complement the open floor plan. The spacious great room features a tray ceiling and flows into a gorgeous kitchen with ceiling-height cabinetry, granite countertops, tile backsplash, stainless steel appliances, pantry and an expansive center island with pendant lighting. The adjoining dining area continues the open feel and leads directly to the backyard. A split-bedroom layout gives the primary suite added privacy, with a vaulted ceiling, walk-in closet and private bath featuring dual sinks and a large custom-tiled shower with glass enclosure, penny tile accents and built-in bench. Two additional bedrooms offer great space and natural light. The finished basement adds a surprising amount of flexible living space. Think home theater, gym, office, game room or whatever fits your lifestyle. Washer and dryer are included. Outside, enjoy a fenced backyard with plenty of lawn, a patio and included pergola, plus landscaping featuring primarily native plants. The detached two-car garage has storage space and still smells new! When you're ready to head out, Kan-Kan Cinema & Brasserie, Fowling Warehouse, Bottleworks, The Garage, Mass Ave, Woodruff Place and Holy Cross are all nearby. With several green spaces within walking distance and downtown just minutes away, enjoy the energy of the city and still come home to a big front porch, lovely backyard and a place you can call home.

314 Jefferson Avenue, Indianapolis

Listing courtesy of CENTURY 21 Scheetz.

410 Eastern Avenue, Indianapolis
$210,000
2 Beds ⋅ 2 Baths
Move-In Ready 2BR/2BA with hardwoods, fenced yard, and garage on Indy's East Side! Check out this charming 2-bedroom, 2-full-bath home on the east side of Indianapolis. It offers the space, privacy, and practical features that make a home easy to love. Step inside to warm hardwood floors that bring character and easy upkeep to the main living areas. Both bedrooms are on the main floor with a bathroom separating them. A huge bonus, a second full bathroom is in the basement, so there are no more morning lines and plenty of convenience when guests stay over. The partially finished basement adds valuable flexible space. Use it as a home office, gym, media room, or hobby area, with unfinished space left for storage, laundry, or a future project that builds value over time. Outside, the privacy-fenced backyard is ready for pets, gardening, weekend cookouts, or a quiet morning coffee. The front porch is a welcoming spot to relax and watch the neighborhood go by. A 1-car garage keeps your car out of Indiana winters and gives you extra room for tools and seasonal gear. You get the location to match, with easy access to downtown, shopping, dining, and major routes for a simple commute. If you're looking for a well-rounded starter home with room to grow, this one is worth a look!

410 Eastern Avenue, Indianapolis

Listing courtesy of @properties.

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.

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.

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