46237 Homes under $400,000

46237 Homes under $400,000

Welcome to the vibrant community of Indianapolis, Indiana, nestled within the charming zip code 46237. This area, part of Marion County, offers a delightful blend of suburban tranquility and urban convenience, making it an ideal place for families, young professionals, and retirees alike.

One of the standout features of the 46237 zip code is its accessibility to a range of homes priced under $400,000. This affordability opens the door for many to find their dream home without breaking the bank. Whether you’re seeking a cozy single-family residence, a spacious townhome, or a modern condo, the options here are diverse and appealing. Many properties boast contemporary designs, ample outdoor space, and are situated in friendly neighborhoods with a strong sense of community.

Living in 46237 means enjoying a variety of amenities right at your fingertips. Residents have access to beautiful parks, top-rated schools, and a plethora of shopping and dining options that cater to every palate. The area is also conveniently located near major highways, making commutes to downtown Indianapolis or surrounding areas a breeze.

In addition, the vibrant local culture and community events create a lively atmosphere where neighbors become friends. Whether you’re exploring the local farmer’s market, participating in community festivals, or enjoying outdoor activities, there’s always something to do in this inviting neighborhood.

Discover the charm of Indianapolis’ 46237 zip code, where affordable living meets an enriching lifestyle. Your dream home awaits!

Newest 46237 Homes under $400,000

8304 Welder Place, Indianapolis
$335,000
3 Beds ⋅ 3 Baths

8304 Welder Place, Indianapolis

Listing courtesy of eXp Realty LLC.

6408 Muirfield Way, Indianapolis
$245,000
3 Beds ⋅ 2 Baths
Welcome to this 3-bedroom home situated on a spacious lot in a well-established neighborhood. The vaulted ceiling and fireplace create a warm and inviting focal point in the living room, while the deck and fully fenced backyard offer plenty of space to relax, entertain or enjoy the outdoors. The primary bedroom features a private ensuite bath, and an additional bedroom offers convenient access to the second full bath, providing a flexible layout for family, guests or a home office. A 2-car attached garage and all appliances remaining with the home add to the convenience. Ideally located close to restaurants, shopping and interstate access, this home offers both comfort and convenience. With a little vision and updating, there is wonderful potential to make it your own. Property is being sold as-is.

6408 Muirfield Way, Indianapolis

Listing courtesy of F.C. Tucker Company.

4607 Marshall Drive, Indianapolis
$225,000
2 Beds ⋅ 2 Baths
Come take a look at this wonderfully maintained property in Crystal Lakes. Built in 2002, this 1119 square foot home offers a perfect blend of modern comfort and effortless living, designed for those who appreciate a thoughtfully laid out open plan space. This inviting single-story home features two comfortable bedrooms with en-suite in the primary bedroom and walk in closets, providing ample personal space. The two full bathrooms are well-appointed. Laundry room with garage access. Fully fenced in backyard perfect for pets and children with covered concrete porch. Welcoming neighborhood environment for both relaxation and everyday life. We invite you to experience the charm and functionality of this exceptional property. The roof is 2 years old. Wednesday is trash day. Utilities are electric AES, gas/water/sewer Citizens energy, cable Xfinity.

4607 Marshall Drive, Indianapolis

Listing courtesy of Tomorrow Realty, Inc..

5228 Waterton Lakes Drive, Indianapolis
$280,000
4 Beds ⋅ 3 Baths
Welcome home to this beautifully updated 4-bedroom home located in Franklin Township School District in Indianapolis, Indiana, offering the perfect combination of space, modern updates, and move-in-ready convenience - all at $280,000. Step inside to a bright, welcoming interior featuring all-new flooring, fresh paint, and updated fixtures throughout. The spacious floor plan provides plenty of room for everyday living, entertaining, a home office, or additional flex space. With four bedrooms, this home offers the versatility today's buyers are looking for. Outside, you'll love the fully fenced backyard, providing plenty of room for pets, play, gardening, or outdoor entertaining. Enjoy evenings on the back patio, host summer cookouts, or simply relax in your own private outdoor space. Located in the desirable Franklin Township area of Indianapolis, this turnkey home offers convenient access to shopping, dining, schools, parks, and major commuter routes.

5228 Waterton Lakes Drive, Indianapolis

Listing courtesy of Ever Real Estate, LLC.

5525 Floating Leaf Drive, Indianapolis
$269,900
3 Beds ⋅ 2 Baths
At 5525 Floating Leaf DR in INDIANAPOLIS, IN, discover a single-family residence constructed in 2004, offering 2034 square feet of thoughtfully designed living space. This property presents an opportunity for comfortable living with a focus on practical elegance. Across two stories, this home provides a functional layout. The residence features three bedrooms, offering versatile spaces for rest and personalization. Accompanying these are one full bathroom and one half bathroom, providing convenience for residents and guests alike. Close to schools and shopping centers. **** New Floors, New Carpet, New Kitchen appliances****

5525 Floating Leaf Drive, Indianapolis

Listing courtesy of Nagra Realty Inc.

8169 Whitaker Valley Boulevard, Indianapolis
$230,000
3 Beds ⋅ 2 Baths
Welcome to this inviting 3-bedroom, 2-bathroom single-family home in the Whitaker Valley neighborhood of Perry Township. Offering just over 1,300 square feet of living space, this home features a functional floor plan, comfortable living areas, and plenty of space both inside and out. Upon arrival, you'll appreciate the 2-car attached garage, concrete driveway, and welcoming front porch. Step inside to an open entry area that flows into the spacious living room, featuring soaring cathedral ceilings and an adjoining dining area that creates an open and inviting atmosphere. Just steps away, the kitchen offers ample cabinetry and counter space for meal preparation, bright white appliances, and a convenient pantry for additional storage. The kitchen also provides easy access to the garage and backyard. Down the hallway, the primary suite offers a walk-in closet, private full bathroom with a tub/shower combination, and convenient access to the backyard and deck. Two additional bedrooms & a full bathroom provide flexible space for family, guests, a home office, or other needs. Outside, enjoy the fully fenced backyard and large deck-perfect for entertaining, relaxing, or enjoying time outdoors. Conveniently located just minutes from St. Francis Hospital, the amenities along US 31, and Greenwood shopping and dining. Don't miss the opportunity to make this well-located Perry Township home your own!

8169 Whitaker Valley Boulevard, Indianapolis

Listing courtesy of T&H Realty Services, Inc..

8444 Welder Place, Indianapolis
$359,900
3 Beds ⋅ 3 Baths
Welcome to 8444 Welder Place in Greenbrooke! This one-owner, 2,325 sf home offers 3 bedrooms, 2.5 baths and an incredibly functional floor plan with plenty of flexible living space. Step inside to a bright front room that is currently used as a formal dining room but would also make a great home office or sitting room. The main level opens into a spacious Great Room featuring a gas fireplace and a kitchen with an abundance of cabinetry, center island, gas double oven and breakfast nook. Tucked behind the Great Room is an additional bonus room, perfect for a home office, playroom, hobby space or recreation room. A convenient mudroom features a built-in hall tree with storage for coats and shoes, along with access to additional under-stair storage and the half bath. Upstairs, you'll find a spacious loft, laundry room, two guest bedrooms, each with its own walk-in closet, a full guest bath and the Primary Suite. The Primary Bedroom features a tray ceiling, two separate closets and an ensuite with double sinks and a walk-in shower. Plantation shutters throughout the entire home add a beautiful finishing touch. Outside, enjoy the 16x24 stamped concrete patio, retractable awning, raised flower bed and vinyl privacy-fenced backyard. The property extends beyond the rear privacy fence to the tree line, providing additional yard space. The 2-car garage includes a 4' bump-out for added storage. The roof and water heater are approximately 2 years old. Located in Greenbrooke, residents can enjoy neighborhood walking trails and ponds while still being just a couple of miles from grocery stores, shopping, restaurants, hospital facilities and convenient highway access. With flexible living spaces, abundant storage and a convenient location, 8444 Welder Place has so much to offer.

8444 Welder Place, Indianapolis

Listing courtesy of F.C. Tucker Company.

5220 Mesa Verde Drive, Indianapolis
$249,900
3 Beds ⋅ 2 Baths
Welcome to this 1-story home in Thompson Park offering 3 bedrooms, 2 full bathrooms, and 1,340 square feet of living space. The functional floor plan provides comfortable living areas with plenty of potential to personalize and make your own. An attached 2-car garage offers convenient parking and additional storage, while the spacious backyard provides room to enjoy the outdoors. Schedule your showing today! One or more photos may have been virtually staged.

5220 Mesa Verde Drive, Indianapolis

Listing courtesy of Mainstay Brokerage LLC.

5907 Timber Lake Boulevard, Indianapolis
$275,000
3 Beds ⋅ 2 Baths
Beautifully remodeled and move-in ready, this tri-level home at 5907 Timber Lake Boulevard sits on a 0.3-acre lot overlooking the pond! The all-new kitchen features soft-close cabinets, quartz countertops, new appliances, and a custom backsplash. New luxury vinyl plank flooring runs throughout the entire home, complemented by fresh interior paint, new trim and interior doors, and new recessed lighting. A completely renovated full bathroom and a newer lower-level bathroom add to the extensive updates. Outside, a new front entry door, updated exterior lighting, and a remodeled covered porch create a welcoming first impression, while the spacious lot offers room to relax and enjoy the pond views. The HVAC system was replaced in 2021, and windows were replaced around the same time. With the interior remodeling already complete, this turnkey home is ready for you to move in and enjoy!

5907 Timber Lake Boulevard, Indianapolis

Listing courtesy of Key Realty Indiana.

5771 Quail Crossing Drive, Indianapolis
$242,500
3 Beds ⋅ 2 Baths
Open House on Sunday, October 11, 2026 from 2:00-4:00pm. Welcome home to 5771 Quail Crossing Drive. This cozy 3 bedroom, 2 bath home has over 1500 square feet and a perfect sun room to enjoy your morning coffee, evening sunset or a quiet place to read your favorite book. Your new home has a great OPEN floorplan, SOARING ceilings with skylights that allow loads of natural light, freshly painted ceilings and walls, as well as updated LVP flooring throughout. The primary bedroom is the perfect size with an ensuite bathroom that offers a double vanity and large walk in closet. Enjoy this open floor plan that allows you to cook in the ample sized kitchen while entertaining and chatting with family and friends in the dining area and living room. Speaking of family and friends there is plenty of off street parking in the large driveway that leads to your spacious two car garage. Hurry because this beautiful condo won't last long!

5771 Quail Crossing Drive, Indianapolis

Listing courtesy of CENTURY 21 Scheetz.

3010 Harlan Street, Indianapolis
$220,000
3 Beds ⋅ 2 Baths
Discover refined living at 3010 Harlan ST, INDIANAPOLIS, IN, USA. This completely remodelled single family residence, built in 1959, offers 1025 square feet of meticulously updated space, presenting a truly special opportunity for discerning buyers. The recently updated kitchen stands as the heart of this home, designed for both culinary exploration and effortless entertaining. Beyond the interior, a private yard offers a serene escape. Enjoy tranquil moments or host gatherings on the covered deck, or simply relax on the inviting porch. The attached garage provides convenience and secure parking. This ranch-style home, situated on a generous 10716 square foot lot, offers a harmonious blend of classic design and modern comfort, inviting you to experience its charm firsthand.

3010 Harlan Street, Indianapolis

Listing courtesy of Hicks Realty, LLC.

7627 Sly Fox Drive, Indianapolis
$388,000
4 Beds ⋅ 3 Baths
This beautiful home, located in the highly desirable Red Fox Commons neighborhood, has been tastefully updated to offer a modern, open-concept layout that is perfect for both everyday living and entertaining. Nestled on a quiet street and situated on a huge lot, this property offers incredible comfort, versatility, and curb appeal. The stunning kitchen features brand-new stainless steel appliances, pristine quartz countertops, cabinets with plenty of storage and a large center island-ideal for daily meal prep and hosting guests. The spacious family room features a beautiful fireplace and four large windows that flood the space with natural light. It is the perfect spot to unwind by the window or curling up by the fire on a chilly evening. Tucked just around the corner sits a flexible space that functions beautifully as either a formal dining room, living room or a private home office. Beautiful LVP flooring spans the main level, creating a clean, cohesive, and seamless flow from room to room. Upstairs, the spacious primary suite serves as a true retreat, featuring an expansive walk-in closet and a private en suite bathroom with a huge, beautifully tiled shower. Three additional large bedrooms-each with its own walk-in closet-provide excellent flexibility and room to grow. The entire second floor features plush new carpet for ultimate comfort. All bathrooms throughout the home feature gorgeous quartz vanity tops and updated faucets. Fresh paint and all-new light fixtures and ceiling fans completely revitalize the entire interior. The updates continue outside with a brand-new garage door and a new expansive rear deck that perfectly extends your living area into the outdoors. Red Fox Commons is a peaceful, family-oriented community known for its well-maintained homes and beautiful green spaces.

7627 Sly Fox Drive, Indianapolis

Listing courtesy of Liberty Real Estate, LLC..

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