Indianapolis Homes under $350,000

Indianapolis Homes under $350,000

Welcome to Indianapolis, the vibrant capital city of Indiana, nestled in the heart of Marion County. Known for its rich history, diverse culture, and friendly atmosphere, Indianapolis offers a unique blend of urban living and Midwestern charm. This thriving city is home to a variety of attractions, including the iconic Indianapolis Motor Speedway, the beautiful White River State Park, and a bustling downtown filled with restaurants, shops, and entertainment venues.

For homebuyers seeking affordability without sacrificing quality, Indianapolis presents a fantastic opportunity. The real estate market here features a variety of homes priced under $350,000, making it an ideal destination for first-time buyers, families, and investors alike. From charming bungalows in historic neighborhoods to modern townhomes in up-and-coming areas, there's something to suit every taste and lifestyle.

Families will appreciate the city's excellent schools and safe neighborhoods, while young professionals can enjoy the vibrant nightlife and cultural scene. Additionally, the city's extensive parks and recreational facilities provide ample opportunities for outdoor activities, making it easy to stay active and connected to nature.

With a cost of living that is lower than the national average, Indianapolis allows residents to enjoy a higher quality of life. Whether you're looking for a cozy starter home or a spacious family residence, the city's diverse housing options under $350,000 offer a perfect entry point into the Indianapolis real estate market. Come explore all that this dynamic city has to offer, and discover your dream home in Indianapolis today!

Newest Indianapolis Homes under $350,000

8305 Union Street, Indianapolis
$249,900
3 Beds ⋅ 2 Baths
Beautifully updated and move-in ready! This 3 bed, 2 full bath charming home offers numerous recent improvements, including new HVAC, furnace, A/C, water heater, and main plumbing-all completed in September 2026. Additional highlights include a new front window, newer carpet, two-car garage, covered back patio, beautiful landscaping, and a newer oversized shed for exceptional storage. Enjoy the peace of mind of major updates along with inviting indoor and outdoor spaces-this one is ready to call home!

8305 Union Street, Indianapolis

Listing courtesy of Realty World Indy.

735 Lexington Avenue, Indianapolis
$320,000
1 Beds ⋅ 1 Baths
Desirable top-floor corner unit in Union Laundry Lofts, in the heart of Fletcher Place! Originally built in 1911 as the Union Laundry Company, this landmark building was reimagined for upscale loft living just steps from some of Indy's best dining and entertainment. Flooded with natural light from five banks of oversized original windows and a skylight, this one-of-a-kind residence features 17-foot ceilings and a down-to-the-studs renovation completed around 2017. The open-concept kitchen is anchored by an expansive granite peninsula and features a striking mix of white shaker and flat-front maple cabinetry, open shelving, pull-out storage, and stainless steel appliances. The living room features a custom storage wall incorporating wine storage, a built-in credenza, movable art display panel, concealed TV storage, and electric fireplace. Hardwood stair risers and iron railings lead to the upper level, where the beautifully designed bath features a fully tiled shower, private water closet, and granite topped sink vanity. A walk-in closet with a custom closet organizer provides exceptional storage, while the loft bedroom overlooks the living space below and features its own skylight and rooftop access hatch. Grasscloth wallpaper, slate tile, upgraded lighting, and other thoughtfully selected finishes add warmth and character throughout. The unit includes one dedicated garage space and access to the community rooftop deck with skyline views. Walk to Milktooth, Bluebeard, Calvin Fletcher's, Amelia's, and more, with the Indianapolis Cultural Trail just steps away connecting you to Fountain Square, downtown, and beyond. Historic architecture, incredible natural light, and thoughtful design in a top-floor corner loft in one of Indy's most walkable neighborhoods.

735 Lexington Avenue, Indianapolis

Listing courtesy of F.C. Tucker Company.

11822 Center Street, Indianapolis
$269,900
3 Beds ⋅ 2 Baths
Historic Charm Meets Modern Style! Step into the timeless charm of 1917 with this beautifully maintained 3-bedroom, 2-full-bath home situated on a spacious, fully fenced lot with mature trees and no HOA. Thoughtfully cared for while retaining the character and craftsmanship of its era, this home blends its historic roots with fresh, contemporary updates. Inside, you'll find new flooring as well as beautiful original hardwood floors; built in bookshelves & corner hutch; fresh paint along with a traditional dining room just off the spacious kitchen and a comfortable living room that flows into a family/sitting room. The main-level laundry room offers added convenience and could also serve as a practical mudroom. The kitchen includes the island and storage systems, with all appliances included. The possibilities continue upstairs with a third-level attic offering incredible storage space and potential for additional finished living area. A full unfinished basement provides even more storage and flexibility. Outside, the large fenced backyard offers plenty of room to garden, entertain, or simply enjoy the mature surroundings. The oversized detached garage includes space for a workshop-perfect for hobbies, projects, or extra storage. Additional updates include a newer HVAC system and newer roof, providing peace of mind while you enjoy the character of this unique home. Attic area allows the possibility for additional living space; The heart of Oaklandon provides convenient access to Fort Harrison State Park, shopping, dining, excellent schools, golf, and the new public library, all while close to the interstate & having easy access to Downtown Indianapolis. This is a special opportunity to own a piece of Indianapolis history with the space, updates, and convenience today's buyers are looking for!

11822 Center Street, Indianapolis

Listing courtesy of Ebeyer Realty, LLC.

7658 Micawber Court, Indianapolis
$290,000
2 Beds ⋅ 2 Baths
Easy living awaits in this beautiful ranch in sought-after Copperfield! This 2-bedroom, 2-bath home offers 1,274 square feet of spacious & comfortable living space with hardwood floors throughout the living room, dining area, and kitchen. A built-in bookshelf in the bedroom adds character, while the connected living and dining spaces make everyday living and entertaining easy. The primary suite features a huge walk-in closet and private bathroom with double sinks and a full shower stall. Enjoy your morning coffee or unwind in the evening on the screened-in patio overlooking the fully-fenced backyard. Discover the comfort and simplicity of single-story living at 7658 Micawber Court!

7658 Micawber Court, Indianapolis

Listing courtesy of CENTURY 21 Scheetz.

909 E 42nd Street, Indianapolis
$255,000
3 Beds ⋅ 2 Baths
First home, house hack, long-term rental, or Airbnb? This charming 1930 single-family bungalow at 909 E 42nd St gives you options most homes in this area can't! 909 E 42nd St offers 3 bedrooms, 2 full baths, and 1,588 finished square feet, an unfinished basement and it's set up to work however you need it. The main level has 2 bedrooms, a full bath, and a spacious living and dining combo with a whitewashed brick fireplace and lit floating shelves on each side. The updated kitchen has granite countertops, white shaker cabinets, stainless appliances, a stainless island range hood, and a large island breakfast bar. A wall of windows keeps the kitchen bright. Upstairs, the primary bedroom has its own full bath and a large walk-in closet. What makes this home special is the back entrance with a keypad door code. A door by the stairs closes to separate the stairs and back entrance from the main floor, so whoever is upstairs can come and go as they please. That gives you options. Rent out the main level and live upstairs, rent the upstairs primary suite and live on the main level, or simply open the door and use it as a single-family home. Versatility! Out back you'll find a fully fenced yard with a brick paver patio and fire pit, perfect for summer nights. Other features include bamboo plank flooring, a covered front porch, main-level laundry, and an unfinished basement with plenty of storage. The location is hard to beat. You're close to the Monon Trail and the College Avenue Library, and just blocks from Half Liter, Upland Brewing Company, and the Indiana State Fairgrounds. Get everything Meridian Kessler has to offer without the hefty price tag. Whether you're an investor, looking to house hack, or just want to be close to it all, this one checks the boxes.

909 E 42nd Street, Indianapolis

Listing courtesy of Hemrick Property Group Inc..

1829 N Routiers Avenue, Indianapolis
$185,000
3 Beds ⋅ 2 Baths
Welcome to PEACEFUL LIVING! ON OVER HALF AN ACRE, the outside is where you'll spend all day. The BACKYARD is partially FENCED, with a NEWLY BUILT FIREPIT, MATURE TREES GALORE, and a STORAGE SHED!! If you love FAMILY GATHERINGS, playing VOLLEYBALL/SOCCER, or even GARDENING this is the BACKYARD FOR YOU! On the inside, TWO SPACIOUS LIVING ROOMS allow you to have SPACE for yourself and the kids! With a NEWER FRENCH DOOR FRIDGE along with VERY NICE CABINETS, you'll be baking all day long. 3 Bedrooms, with LAMINATE FLOORING, and 2 BATHROOMS is just right for your family. RECENT UPDATES includes: 4 YR old ROOF, 1 YR old AC, 6 YR old WATER HEATER, and BRAND NEW PLUMBING lines in the crawlspace!

1829 N Routiers Avenue, Indianapolis

Listing courtesy of Trueblood Real Estate.

11633 Sinclair Drive, Indianapolis
$299,900
4 Beds ⋅ 3 Baths
Spacious 4-bedroom, 2.5-bath two-story offering 3,572 square feet in the established Winding Ridge community on Indy's east side. Fresh paint and new flooring throughout. The open main level flows from the kitchen to the dining area and family room - built for everyday living and easy entertaining. The main level gives you room to spread out: a defined entry, a full kitchen, a dining and eating area between the kitchen and the family room. Two bonus rooms on the main level are yours to use as a private office, den, library, or extra guest space when family stays. Ample storage is built in, from walk-in closets to pantries. Laundry is covered on both levels - one on the main floor and a second upstairs. Upstairs, four generously sized bedrooms include an oversized primary suite that feels like its own oasis. The primary is huge, with a walk-in closet and a private attached bath, and the room is large enough to lay out a reading nook or a private sitting area if you want one. The loft is equally flexible. It has been used as a sitting room, and it works just as well as a playroom, office, craft room, or cozy hangout. Major updates are already done: a brand-new roof and a brand-new furnace - which is money saved and peace of mind for the next owner! The 0.18-acre backyard is large, open, and ready for your vision. Garden, entertain, give pets and kids room to run, or put your own finish on it. The lot also has an attached garage and full driveway parking. This house has the space and the potential to let your creativity run. Schedule your showing today.

11633 Sinclair Drive, Indianapolis

Listing courtesy of eXp Realty, LLC.

2119 Debello Court, Indianapolis
$234,900
3 Beds ⋅ 2 Baths
This spacious, nearly 1,700-square-foot home offers room to spread out and plenty of thoughtful features throughout. From the large living room to the oversized primary suite, complete with a private bathroom and walk-in closet, this well-maintained home has been lovingly cared for from top to bottom. Each bedroom features its own walk-in closet, providing exceptional storage and convenience. The inviting living room offers a cozy fireplace and plenty of space to relax or entertain. The oversized laundry room provides even more storage and functionality. Major updates include a new roof, water heater, and HVAC, giving buyers added peace of mind. Step outside to enjoy the private, fenced patio area-perfect for entertaining, enjoying a quiet evening, or simply relaxing at home. Conveniently located just minutes from the beautiful B&O Trail and downtown Indianapolis, this home offers a great combination of space, comfort, convenience, and lifestyle. Move-in ready and waiting for its new owners!

2119 Debello Court, Indianapolis

Listing courtesy of Your Home Team.

3070 E 47th Street, Indianapolis
$314,950
5 Beds ⋅ 2 Baths
Beautifully fully renovated home featuring a brand-new kitchen, updated bathrooms, new flooring, and finished basement with two additional rooms and a full bathroom. Thoughtfully updated throughout and truly move-in ready. A brand-new septic system has also been installed, offering added peace of mind for the new owner.

3070 E 47th Street, Indianapolis

Listing courtesy of Compass Indiana, LLC.

1202 N Downey Avenue, Indianapolis
$215,000
2 Beds ⋅ 2 Baths
There's so much to adore here, we don't even know where to start: How about a New Furnace, New Air Conditioner, New Water Heater, New Water Softener, New Windows, New Shower, Screens on gutters and --drumroll please-- SOLAR PANELS that dramatically reduce your monthly energy costs! What else puts this home head and shoulders above the current competition? THE FINISHED BASEMENT! And there's a second bathroom down there too, always a welcome feature! The covered porch is a great place to entertain on balmy evenings and the two car garage offers enough room for your ride. We also love the low maintenance backyard because who has time for the tyranny of yard work?! All these amazing features at a price you're guaranteed to love, on a quiet street in the peaceful Community Heights neighborhood, a stone's throw from Irvington and minutes from downtown!

1202 N Downey Avenue, Indianapolis

Listing courtesy of Compass Indiana, LLC.

8465 Summertree, Indianapolis
$299,999
4 Beds ⋅ 3 Baths
Pond views and the opportunity to paddleboat right from your own backyard! Tucked away on a quiet cul-de-sac with no HOA, this spacious home offers a great blend of comfort, updates, and outdoor living. Fresh paint throughout gives the home a clean, inviting feel. The main level features a large living room with a cozy fireplace and an eat-in kitchen. Upstairs, the spacious primary bedroom is joined by three additional bedrooms. Step outside to enjoy the screened-in porch, large deck, fenced yard, and peaceful pond views. A backyard shed provides convenient extra storage. With a roof and HVAC both less than five years old, this home is ready to enjoy!

8465 Summertree, 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.

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