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

$150,000
3 Beds 2 Baths 22118652 MLS
This charming all-brick ranch is ready to welcome a new family willing to roll up their sleeves and add their personal touch. While this home needs some tender loving care, it offers incredible potential, with its solid foundation and good bones promising years of comfortable living. The three-bedroom, two-bathroom layout provides ample space for growing families, with a partially updated kitchen that's already started its transformation journey. The real treasure lies below ground level, where a full walk-out basement opens up endless possibilities for recreation, storage, or additional living space. Natural light floods this lower level, making it feel like an extension of the main floor rather than a typical basement. Recent improvements include a new roof overhead and newer windows throughout, ensuring energy efficiency and peace of mind for years to come. The two-car detached garage offers convenient parking and additional storage, ideal for workshop enthusiasts or those with outdoor equipment. This property sits in a well-established Indianapolis neighborhood, offering the perfect blend of suburban tranquility and city convenience. For buyers with vision and enthusiasm for home improvement projects, this property represents an excellent opportunity to create something truly special. The structural elements are sound, the recent updates show promise, and the layout offers flexibility for modern family living. With some creativity and effort, this diamond in the rough could become the perfect family sanctuary.

4257 Weaver Avenue, Indianapolis

$179,900
3 Beds 1 Baths 22118197 MLS
Are you searching for an updated 3-bedroom home priced under $190,000? Your search ends here! This beautifully updated home offers a bright, open floor plan designed for comfortable everyday living and entertaining. Enjoy relaxing on the inviting covered front porch-the perfect spot for your morning coffee or evening tea. Step inside to find a spacious living room that flows seamlessly into the dining area and updated kitchen. The kitchen features stylish tile backsplash, updated countertops, and abundant cabinetry. Two bedrooms and a beautifully updated full bathroom are conveniently located on the main level, while the spacious upstairs serves as a private primary bedroom retreat. Outside, you'll love the large backyard with an oversized concrete patio ideal for summer cookouts, gatherings with family and friends, or simply enjoying the outdoors. The property also offers off-street parking with an oversized three-car concrete parking pad accessible from the alley. Major updates, estimated to have been completed in 2022/2023, include the roof, laminate flooring throughout, windows, drywall, electrical, plumbing, kitchen, bathroom, doors, trim, gutters and downspouts, water heater, bathroom exhaust fan, and kitchen appliances, providing peace of mind for years to come. Conveniently located just minutes from downtown Indianapolis, this home offers easy access to I-65, parks, shopping, restaurants, the IUPUI campus, Newfields, the Indianapolis Motor Speedway, and many other local attractions. Don't miss this opportunity to own a move-in ready home that combines modern updates, convenience, and exceptional value!

1217 W 33rd Street, Indianapolis

$179,000
3 Beds 3 Baths 22118074 MLS
INVESTOR & VALUE-ADD OPPORTUNITY! Bring your vision to 1346 N Olney St, a renovation already underway and ready for its next owner to complete. Featuring 3 bedrooms, 2.5 bathrooms, a main-level primary suite, and significant potential on the second floor, this property offers an exciting opportunity for an investor, builder, or buyer looking to create equity. The main level includes a primary bedroom with a private en-suite bath, while the second level offers two oversized bedrooms and plenty of flexibility to maximize the home's footprint. Reimagine the upstairs by adding additional bedroom space, creating a loft or flex area, or designing a layout that better suits your investment strategy. The generous second-floor footprint provides an opportunity to add functionality and potentially increase the property's overall value. Location adds to the appeal. The home is conveniently situated near Brookside Park, offering access to green space, trails, recreation, and outdoor amenities just minutes away. The property also provides convenient access to Downtown Indianapolis, Bottleworks District, Mass Ave, and the Near East Side. With renovations already started and plenty of opportunity remaining, this property is ready for someone to finish the vision and unlock its full potential. Whether the goal is a renovation project, long-term investment, or a uniquely customized home, 1346 N Olney offers the space and location to make it happen.

1346 N Olney Street, Indianapolis

$184,000
3 Beds 2 Baths 22113491 MLS
Situated in a rapidly revitalizing pocket on Indianapolis's near southeast side-nestled right between bustling Fountain Square and the booming Near Eastside-314 S Randolph Street offers an incredible turnkey opportunity for both savvy investors and owner-occupants. Less than ten minutes from Downtown, this location sits directly in the path of progress, surrounded by new builds and fresh remodels. Taken down to the studs a few years ago, this 1.5-story, 1,736 sq ft home features a soaring, open floorplan with high ceilings, recessed lighting, updated laminate flooring, and a freshly painted interior that makes it completely move-in or rent-ready. The contemporary eat-in kitchen shines with modern white shaker cabinets, two-tone granite countertops, custom tile backsplash, stainless steel appliances, and a large island with a breakfast bar. The main level hosts two comfortable bedrooms, a full bath, and a dedicated laundry room, while the private upper-level primary suite boasts a tastefully updated full bath and walk-in closet. Outside, the flat 0.10-acre lot features fully fenced front and back yards plus a handy storage shed. For owner-occupants, it delivers a stylish, low-maintenance home near the city's best dining, breweries, and cultural hotspots. For investors, it represents a hassle-free, high-demand rental asset poised for strong cash flow and exceptional long-term appreciation in a high-growth urban corridor.

314 S Randolph Street, 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.