Indianapolis Real Estate Search

Indianapolis Properties between $150,000 and $200,000 for Sale

Our website features the best real estate search for between $150,000 and $200,000 properties available in Indianapolis and surrounding areas. It is the only site you will ever need! It is easy-to-use and updated by the official REALTOR®’s database every 15 minutes. 

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Newest Indianapolis Properties between $150,000 and $200,000 for Sale

$199,999
4 Beds 3 Baths 22120380 MLS
Welcome home to this beautifully updated 4-bedroom, 2.5 bath home with a 2-car garage on Indy's thriving Westside. The modern finishes and major upgrades make this home truly move-in ready! So much is brand NEW- the roof, the windows, the back porch, the vinyl siding, the garage doors with automatic openers, the LVP flooring, the paint and totally new bathrooms and kitchen, along with updated plumbing, electrical, a new AC unit, a 1 y/o water heater and 7 y/o furnace. The heart of the home is the stunning kitchen, featuring crisp new Shaker cabinets, sparkling QUARTZ countertops, new stainless steel appliances, and a gorgeous, oversized bay window that fills the space with natural light. Entertaining is a breeze with multiple living areas- a huge living room, a large dining room and a newly finished family room in the basement, plus a convenient half-bath on the main level perfect for guests. Upstairs, you'll find three spacious bedrooms, each with new lighted ceiling fans and walk-in closets! A true primary suite was added in the basement with a totally new private bathroom. The well-built detached 2-car garage with automatic openers provides excellent storage and everyday convenience, while the oversized driveway offers even more options for off-street parking. With its fresh modern style mixed with classic elements, a flexible layout and major recent upgrades, this home offers the perfect combination of comfort, style, and peace of mind. All that's left to do is move in and enjoy!

242 N Pershing Avenue, Indianapolis

$190,000
22120382 MLS
Why choose between buying a home and buying an investment when you can potentially do both? Welcome to 231-233 W 29th Street, a duplex offering the flexibility today's buyers and investors are looking for. Whether you're an experienced investor ready to expand your Indianapolis portfolio, a first-time investor looking to get started, or a savvy buyer interested in house hacking, this property presents an opportunity worth exploring. LIVE IN ONE SIDE. RENT THE OTHER. BUILD FROM THERE. A duplex creates options that a traditional single-family home simply can't. Owner-occupants can enjoy their own private living space while potentially generating rental income from the neighboring unit to help offset the cost of ownership. Investors can take advantage of two units under one roof, creating multiple income streams from a single property. Located in Indianapolis' 46208 area, the property provides convenient access to Downtown Indianapolis and many of the city's major employment, education, entertainment, and redevelopment areas. For the investor, this could be a compelling buy-and-hold opportunity with the ability to generate income from both sides. For the house hacker, it could be the opportunity to stop thinking like a renter and start building a real estate portfolio-beginning with the property you call home. Duplex opportunities offer tremendous flexibility: live in one side and rent the other, rent both units, accommodate extended family while maintaining separate living spaces, or position the property as part of a long-term investment strategy. One property. Two units. Multiple possibilities.

231-233 W 29th Street, Indianapolis

$199,000
3 Beds 2 Baths 22119115 MLS
There's something special about a home that makes everyday life feel a little easier-and this wonderful Near Eastside bungalow does just that. With three bedrooms, two bathrooms, and a welcoming open floor plan, there's room to spread out, gather together, work from home, or simply enjoy the comfort of having a space that adapts to the way you live. Set in a vibrant neighborhood with protected bike lanes along the Blue Line Rapid Transit corridor, this home puts connection and convenience right outside your door. Enjoy being perfectly positioned between downtown, Irvington, Fountain Square, and the Bottleworks/Factory Arts District, making it easy to head out for dinner, meet friends, explore local shops, or enjoy all that Indianapolis has to offer-then come home to your own comfortable retreat. Inside, thoughtful updates blend modern style with everyday livability. Updated flooring, light fixtures, and hardware add a fresh, polished feel throughout. The kitchen is a true gathering space, featuring stunning quartz countertops and new appliances-ready for everything from quiet morning coffee to evenings spent cooking and connecting with the people you love. The basement offers a clean slate and another opportunity to make the home uniquely yours. Imagine a dedicated playroom, home office, creative studio, workout space, movie room, or simply a flexible area that grows and changes with your needs. It's ready to become whatever makes life work best for you. Upstairs, reworked ductwork improves airflow, making the additional living space more comfortable year-round. Newer mechanicals offer something every homeowner values: peace of mind and confidence in the home you're investing in. Whether you're looking for your first home, a place to grow, or simply a home base close to everything, this bungalow offers more than just a great location and beautiful updates. It offers the opportunity to build a life that feels connected, comfortable, and distinctly your

41 S Sherman Drive, Indianapolis

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Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker of MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some listings have been excluded from this website.