Center Homes under $200,000

Center Homes under $200,000

Welcome to the heart of Indiana—Indianapolis, a vibrant city that seamlessly blends rich history with modern living. Nestled in Marion County, this bustling metropolis is known for its friendly neighborhoods, cultural attractions, and a strong sense of community. Whether you’re a first-time homebuyer, a growing family, or looking to invest, Indianapolis offers an array of charming homes, many priced under $200,000, making it an ideal place to call home without breaking the bank.

The Center region of Indianapolis is particularly appealing, boasting a diverse selection of properties that cater to various lifestyles. From cozy bungalows to quaint townhouses, you’ll find homes that reflect the character of the city while providing the comforts of modern amenities. The affordability of homes in this price range allows you to explore different neighborhoods, each with its unique charm and community spirit.

Living in Indianapolis means you’re just a stone’s throw away from the city’s vibrant downtown, where you can enjoy a plethora of dining, shopping, and entertainment options. The city is also home to beautiful parks, excellent schools, and a strong sense of community. With a growing job market and a low cost of living, it’s no wonder that so many are choosing to settle in this dynamic city.

Explore the possibilities of homeownership in Indianapolis today. With homes under $200,000, you can find the perfect space to create lasting memories and become part of this welcoming community. Discover your dream home in the Center region, where affordability meets opportunity!

Newest Center Homes under $200,000

1419 Leonard Street, Indianapolis
$135,000
3 Beds ⋅ 1 Baths
Incredible investment opportunity or DIY project loaded with classic character! This 3-bedroom, 1-bathroom home is being sold as-is and offers incredible potential for a buy-and-hold rental property, value add flip, or custom primary residence.

1419 Leonard Street, Indianapolis

Listing courtesy of FS Houses LLC.

1530 Barth, Indianapolis
$194,900
3 Beds ⋅ 2 Baths
Investor opportunity you don't want to miss! This property is packed with potential and offers a great opportunity for an investor or buyer looking to create a home of their own. Featuring 3 bedrooms plus a bonus room, a spacious layout, and a basement with additional potential to be finished for even more usable space. A portion of the renovation has already been completed - now it's ready for the next owner to finish the remaining work and bring their vision to life. With charming architectural details, a covered front porch, plenty of space, and multiple opportunities to add value, this property has so much to offer. Whether you're looking for your next investment project or a home to customize and make your own .don't miss this opportunity!

1530 Barth, Indianapolis

Listing courtesy of Compass Indiana, LLC.

349 W 29th Street, Indianapolis
$179,000
3 Beds ⋅ 2 Baths
Discover an inviting home at 349 W 29th ST, INDIANAPOLIS, IN, USA. Built in 1925, this 1579 square foot single-family residence is ready for you to move in, offering a comfortable and established living experience. The living room provides a welcoming atmosphere, centered around a classic fireplace, perfect for quiet evenings or lively gatherings. One of the well-appointed bathrooms features a convenient walk-in shower, blending functionality with modern comfort. This charming 1.5-story bungalow is further enhanced by an inviting porch, offering a pleasant space for relaxation. With 3 bedrooms and 2 full bathrooms, this property is designed for comfortable living. This home offers a unique opportunity to embrace a lifestyle of comfort and convenience; inquire today to experience it firsthand.

349 W 29th Street, Indianapolis

Listing courtesy of Diverse Property Solutions Ind.

3351 Kenwood Avenue N, Indianapolis
$120,000
4 Beds ⋅ 2 Baths
Renovation opportunity in Crown Hill! This 4-bedroom, 1.5-bath home offers approximately 1,904 finished SqFt across two stories, with a basement providing additional storage. The home offers room for updates and personal touches, with potential to finish the attic for additional living space. A detached 1-car garage offers an additional improvement opportunity. Nearby renovated sales suggest potential resale value in the low-to-mid $200s after remodeling, depending on the improvements and market conditions. Ideally located minutes from the $4.3B IU Health hospital complex, the Children's Museum, and the 16 Tech innovation district, with new mixed-use investment underway at 34th & Illinois. An opportunity for a renovation project, a potential rental investment or a buyer looking to update a home and build equity."

3351 Kenwood Avenue N, Indianapolis

Listing courtesy of Trueblood Real Estate.

3839 Hoyt Avenue, Indianapolis
$196,900
3 Beds ⋅ 2 Baths
Charming, kitchy, and full of character-this well-maintained 3-bedroom, 1.5-bath home is nestled in a quiet, established neighborhood and offers the perfect blend of comfort and versatility. Beautiful hardwood floors and an open-concept layout create a warm, inviting atmosphere with seamless flow between living spaces. The spacious, fully fenced backyard is ideal for entertaining, pets, or simply enjoying added privacy. An oversized 2-car garage provides ample storage and flexibility-perfect for a workshop, hobby space, or additional parking. An additional parking space is located next to the garage. The clean, solid basement offers excellent storage and potential for future use. With three bedrooms and a functional layout, this home is well-suited for both owner-occupants and savvy investors. Its setup makes it a strong candidate for furnished, mid-term, or short-term rental opportunities. A unique blend of charm, practicality, and income potential-don't miss your opportunity to own this versatile home!

3839 Hoyt Avenue, Indianapolis

Listing courtesy of My Agent.

3528 Graceland Avenue, Indianapolis
$89,900
2 Beds ⋅ 1 Baths
This home is patiently waiting for someone to give it a little TLC and add their own personal touch. This property is being sold as is and is available as a package with listing 22129518

3528 Graceland Avenue, Indianapolis

Listing courtesy of Wilmoth Group.

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.

2161 N Dequincy Street, Indianapolis
$99,000
3 Beds ⋅ 1 Baths
Home is being sold as is and is in need of repair. Room sizes are estimates. Seller is also selling 1 other property. Listing ID and 22129526

2161 N Dequincy Street, Indianapolis

Listing courtesy of Wilmoth Group.

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.

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.

1902 N Linwood Avenue, Indianapolis
$100,000
2 Beds ⋅ 1 Baths
Welcome home to 2 bedrooms and 1 full bath. This home has a large 2 car garage and is fully fenced. Hookups for either gas or electric oven/range are in place. This home is tenant occupied and would make a great addition to your rental/investment portfolio. Make it yours!

1902 N Linwood Avenue, Indianapolis

Listing courtesy of The Stewart Home Group.

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