46225 Homes under $600,000

46225 Homes under $600,000

Welcome to the vibrant heart of Indianapolis, Indiana, where the zip code 46225 offers a unique blend of urban charm and suburban convenience. Nestled in Marion County, this area is a hidden gem that showcases the best of city living while maintaining a sense of community and warmth.

Homes in the 46225 zip code are not only accessible but also affordable, with many properties available for under $600,000. This makes it an ideal location for first-time homebuyers, families, and anyone looking to invest in the thriving Indianapolis real estate market. Whether you’re seeking a cozy bungalow, a contemporary townhouse, or a spacious single-family home, the diverse architectural styles in this neighborhood cater to various tastes and lifestyles.

Living in 46225 means enjoying the rich cultural tapestry of Indianapolis. Residents can explore a myriad of local attractions, including the iconic Lucas Oil Stadium, the bustling Wholesale District, and an array of parks and recreational spaces perfect for outdoor enthusiasts. The area is also known for its vibrant dining scene, with a plethora of restaurants, cafes, and breweries that reflect the city’s culinary diversity.

With convenient access to major highways and public transportation, commuting to downtown Indianapolis or nearby areas is a breeze. The 46225 zip code is not just a place to live; it’s a community where neighbors become friends and memories are made. Discover your dream home in this dynamic and welcoming neighborhood today!

Newest 46225 Homes under $600,000

411 Gimber Court, Indianapolis
$284,900
4 Beds ⋅ 2 Baths
Imagine ending your day at your own waterfront retreat! This amazing, custom-built Cape Cod home is located on a large pond, yet it is just 10 minutes from downtown, nestled in an obscure, peaceful pocket near Garfield Park. Fully remodeled and featuring 2,600 finished SF, this 4 bed, 2 bath home with a full, finished walkout basement offers the perfect blend of modern luxury & everyday escape. The home has been thoughtfully remodeled from top to bottom, along with important updates, like a new HVAC and new water heater. The stunning kitchen features quartz countertops w/ bar seating, new SS appliances, new cabinetry & an inviting breakfast nook w/ built-in seating & a table. The formal living room on the main level is airy w/ tons of natural sunlight & dramatic vaulted ceilings. You'll appreciate the neutral paint throughout and the consistent LVP flooring throughout the entire home. The spacious walkout basement feels like a cozy cabin retreat with its wood-lined walls, gas fireplace, & walk-out access to the yard, creating an inviting space for entertaining, movie nights, or simply unwinding after a long day. There is also a large rec room, two HUGE finished storage rooms w/ built-in shelving, & a bonus room w/ large closets that could be a fourth bedroom, office, playroom or gym. The private primary suite is a true sanctuary w/ a walk-in closet and an ensuite bathroom featuring a designer tiled shower & a stylish new vanity. The two additional bedrooms on the main level feature generous closets and share a tastefully renovated 2nd full bathroom. The spectacular new multi-level deck maximizes the breathtaking waterfront views & offers multiple outdoor living/entertaining areas, plus everyone can enjoy having a fully fenced, private backyard.

411 Gimber Court, Indianapolis

Listing courtesy of Highgarden Real Estate.

1524-1526 S East Street, Indianapolis
$520,000
Welcome to 1524-1526 S. East St. in the heart of Bates-Hendricks, an opportunity to purchase two side-by-side, fully furnished townhomes together. Seller has completed a home inspection to help provide buyers with additional information and confidence as they consider the property. Located on separate parcels, each unit offers 3 bedrooms, 2.5 bathrooms, a private fenced yard, and a detached single-car garage, creating flexibility for an investor or an owner-occupant looking to pair homeownership with income-producing potential. Both units are updated and move-in ready, while still offering flexibility for a future owner to make the spaces their own. Open and functional main levels feature LVP flooring, stainless steel appliances, granite countertops, ceiling-height cabinetry, charming built-ins, kitchen islands, and convenient main-level laundry. Upstairs, each home offers three bedrooms, including the primary bedroom with a cozy reading nook and walk-in closet. Updated bathrooms feature tiled shower surrounds, modern vanities, and quartz countertops. Situated in one of Indy's most connected neighborhoods, the properties offer convenient access to downtown Indianapolis, Eli Lilly, Lucas Oil Stadium, local restaurants, coffee shops, and The Vault. Whether you're expanding a portfolio, exploring an owner-occupied investment, or looking for flexibility near downtown Indianapolis, 1524-1526 S. East St. brings location and versatility together in one offering.

1524-1526 S East Street, Indianapolis

Listing courtesy of eXp Realty, LLC.

1210 S Senate Avenue, Indianapolis
$220,000
3 Beds ⋅ 3 Baths
Welcome to 1210 S Senate Ave, a beautifully updated 3-bedroom, 2.5-bath townhome offering convenient downtown living just minutes from the heart of Indianapolis. Remodeled in 2022, this property has since been successfully utilized as an Airbnb and offers flexibility for both owner-occupants and investors. Enjoy views of Lucas Oil Stadium from the front of the home and quick access to Downtown Indianapolis, dining, entertainment, sporting events, and major employers. The home features a modern interior, three spacious bedrooms, two full bathrooms, and a convenient half bath. With no traditional yard to maintain, the property offers a low-maintenance lifestyle that's ideal for busy homeowners, frequent travelers, or those looking for an investment property near Downtown. Whether you're a first-time homebuyer searching for a move-in-ready home or an investor looking for a property with short-term rental history, 1210 S Senate Ave offers a unique opportunity in a highly convenient location.

1210 S Senate Avenue, Indianapolis

Listing courtesy of @properties.

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.

17 W Arizona Street, Indianapolis
$375,000
This home offers a brand-new construction and a wonderful living space in a vibrant city setting. Luxury high end finishes, including granite countertops and stainless steel appliances. Luxury bathrooms with tiled surrounds and granite vanity tops. This property provides an opportunity to experience modern living. With 936 square feet of living area, the layout offers a comfortable, modern, homey feel. The residence features 2 bedrooms and 2 full baths, providing enough space for a variety of lifestyle needs, from a home office to guest accommodations. Imagine the convenience and starting your mornings with a relaxing end to your evenings. The lot area is perfect for outdoor enjoyment and relaxation. This INDIANAPOLIS home creates a personalized living experience. This Property is broker owned.

17 W Arizona Street, Indianapolis

Listing courtesy of Neu Real Estate Group.

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.

217 E Morris Street, Indianapolis
$139,900
2 Beds ⋅ 1 Baths
Discover the potential at 217 E Morris ST, INDIANAPOLIS, IN. This single-family residence, built in 1910, offers 984 square feet of living space and presents a great opportunity for investors and handy homeowners alike. This charming 1.0-story bungalow features 2 bedrooms, providing comfortable living arrangements. A single full bathroom serves the home. This home features a new roof, new electrical box, new AC & Furnace, and a new electric hot water heater. This is an all electric home. The property sits on a generous 4487 square foot lot and includes a private yard, offering a personal outdoor space. The property line extends beyond the fence, all the way to the ally. Plenty of land to add a garage and storage shed. Seize the chance to transform this property into a thriving investment or your personalized dream home.

217 E Morris Street, Indianapolis

Listing courtesy of Carpenter, REALTORS®.

1041 S East Street, Indianapolis
$325,000
2 Beds ⋅ 2 Baths
Unique Residential or Commercial Opportunity - Active Short-Term Rental Near Downtown Rare opportunity to own a commercially zoned property currently operating as a successful Airbnb just minutes from downtown. This beautifully updated two-bedroom, two-bath space offers a flexible layout featuring a spacious loft and an expansive upper deck with stunning city views. Thoughtfully renovated with modern finishes, the interior boasts open-concept living areas, updated kitchen and baths, and abundant natural light throughout. The large loft provides additional sleeping or lounge space, maximizing guest capacity and rental appeal. The private upper-level deck is a true highlight - perfect for entertaining or relaxing while enjoying panoramic skyline views. Located near downtown with excellent walkability to restaurants, breweries, coffee shops, and entertainment, this property sits in a highly desirable area for both short-term rental guests and business visibility. Easy access to major highways, cultural districts, and local attractions further enhances its value. Ideal for investors seeking immediate income potential, entrepreneurs wanting a live/work concept, or buyers looking for a distinctive commercial space in a prime urban location. A rare blend of location, versatility, and income-producing potential - opportunities like this don't come around often.

1041 S East Street, Indianapolis

Listing courtesy of F.C. Tucker Company.

141 S Meridian Street, Indianapolis
$425,000
3 Beds ⋅ 2 Baths
Premier Downtown Living in the exceptional top floor 3 Bedroom Condo, perfectly situated in the heart of Indy! Invest in the best with a dream tenant in place until 02/28/2027. Located just steps from Gainbridge, Lucas Oil & an endless array of top rated restaurants & entertainment, this residence offers unmatched access to the best of our Downtown scene. Enjoy soaring 14' ceilings with 9' windows & scenic skyline views, an open layout with vintage hardwood floors throughout, surround sound system & flexible 3rd Bedroom ideal for a home office or guest retreat. Large updated kitchen is designed for entertaining with style & function includes granite center island, custom cabinetry, stainless steel appls with wine cooler & ice maker, double ovens and refrigerator. Retreat to the newly renovated primary bedroom & suite complete with a luxurious six floor steam and sauna shower, tile floors, dual sinks & walk-in closet. Other features include: large utility room with storage, deeded & secured parking spot in underground garage with easy access to Georgia Street, & fitness room. This unit boasts one of the prime locations in the Six Over Meridian Building - offering top floor privacy & premium views. Currently leased until Feb. 28, 2027 with a investors dream tenant already in place, this condo offers immediate income & long term potential!

141 S Meridian Street, Indianapolis

Listing courtesy of F.C. Tucker Company.

438 Orange Street, Indianapolis
$274,900
3 Beds ⋅ 2 Baths
SELLER IS OFFERING A 2-1 RATE BUYDOWN! THIS INCENTIVE COULD SAVE THE BUYER HUNDREDS OF DOLLARS EACH MONTH! SEE FLYER IN SUPPLEMENTS! Welcome home to this move-in-ready 3-bedroom, 2-bathroom home located just minutes from downtown and the vibrant Fountain Square district! Step inside to a bright, modern interior featuring a clean, neutral color palette that creates a warm and inviting atmosphere. The updated kitchen offers stainless steel appliances, quartz countertops, and a stylish backsplash. Both bathrooms have been thoughtfully renovated with contemporary finishes. Outside, enjoy a low-maintenance backyard complete with turf and a spacious patio. The newly constructed detached garage provides additional storage and functionality.

438 Orange Street, Indianapolis

Listing courtesy of F.C. Tucker Company.

2154 Webb Street, Indianapolis
$154,900
2 Beds ⋅ 2 Baths
Discover the charm of 2154 Webb ST, INDIANAPOLIS, IN, USA, a completely remodeled single-family residence built in 1954, offering 812 square feet of thoughtfully updated interior living space. This home presents a unique opportunity for streamlined living in a vibrant city. The two well-appointed bedrooms provide comfortable retreats. One of these bedrooms offers the added convenience of an ensuite bathroom, creating a private sanctuary within the home. Outside, a private yard offers a dedicated space for relaxation or outdoor pursuits. The property, encompassing 4095 square feet, provides a manageable footprint for easy care. With two full bathrooms and a single-story layout, this residence is designed for effortless living. Inquire today to experience the refined simplicity of this updated property.

2154 Webb Street, Indianapolis

Listing courtesy of Broker Direct Realty, LLC.

1458 S East Street, Indianapolis
$364,999
4 Beds ⋅ 4 Baths
Welcome to this spacious townhome with 4 bedrooms, 3.5 bathrooms, and a 1-car garage, located in the highly sought-after Bates-Hendricks neighborhood! Built in 2018, this home offers a functional layout with generous living space, including an additional second-floor living/multipurpose area. Enjoy the convenience of an attached garage along with extra street parking and rear gravel space. Just a short walk to local restaurants and shops, and only minutes away from downtown Indianapolis. Currently operating as a successful full-time Airbnb, offering great potential for an owner-occupant or investor. A fantastic opportunity in a prime Indianapolis location!

1458 S East Street, Indianapolis

Listing courtesy of Shouse Realty Group LLC.

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