Indianapolis Homes under $600,000

Indianapolis Homes under $600,000

Welcome to Indianapolis, the heart of Indiana and a city that beautifully blends vibrant urban living with Midwestern charm. Known for its rich history, cultural diversity, and a thriving economy, Indianapolis offers an array of attractions that cater to everyone’s taste. From the iconic Indianapolis Motor Speedway to the tranquil beauty of the White River State Park, there’s always something to explore and enjoy.

Situated in Marion County, Indianapolis boasts a variety of neighborhoods, each with its own unique character and charm. Whether you’re seeking the bustling energy of downtown or the serene ambiance of the suburbs, this city has it all. The arts scene is flourishing, with the Indianapolis Museum of Art and numerous theaters showcasing local talent, while the culinary landscape is a delightful mix of traditional Midwestern fare and innovative cuisine.

For those looking to invest in a home, Indianapolis presents an exciting opportunity with a diverse selection of properties under $600,000. From charming bungalows in historic districts to contemporary townhouses in up-and-coming neighborhoods, you’ll find homes that not only fit your budget but also your lifestyle. The affordability of real estate in Indianapolis makes it an attractive option for first-time buyers, families, and investors alike.

With its friendly atmosphere, strong community spirit, and a wealth of amenities, Indianapolis is not just a place to live—it’s a place to thrive. Come discover your dream home in this dynamic city where tradition meets modern living!

Newest Indianapolis Homes under $600,000

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.

5200 W Southport Road, Indianapolis
$525,000
3 Beds ⋅ 1 Baths
Here's a fabulous opportunity to purchase a combination of 4.88 + 7.98 acres for a total of almost 13 acres in Decatur Township! It's rumored that Southport Rd will be relocated, making the back yard frontage on Southport Road and prime for development or keep it this as a private estate or farm. There are 4 outbuildings, barn, shop and garage. The Huge barn could be restored or remove all of the structures. The home is a 2 bed, 2 bath in poor condition. It would need full rehab or removed. Do NOT enter the outbuildings as they could be dangerous. Private well and septic on site. Possible seller financing

5200 W Southport Road, Indianapolis

Listing courtesy of Wynkoop Brokerage Firm, LLC.

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.

9517 Moorings Boulevard, Indianapolis
$479,900
4 Beds ⋅ 3 Baths
Welcome to 9517 Moorings Blvd! This well-maintained traditional home offers spacious living areas, thoughtful updates, and a great location near Geist Reservoir, shopping, restaurants, and schools. The inviting eat-in kitchen features stainless steel appliances, a breakfast bar, laminate countertops, and a walk-in pantry. The kitchen opens to a bright family room with cathedral ceilings, skylights, and a wood-burning fireplace. A formal dining room features natural wood trim and chair rail, while a mix of hardwood, ceramic tile, carpet, and LVP flooring throughout the home. The primary suite offers a tray ceiling, walk-in closet, and ensuite bath with twin vanities, jetted garden tub, and separate walk-in shower. Additional walk-in closets provide excellent storage. The finished basement adds flexible living space and includes a sump system. Recent updates include a gas furnace and central air, approximately 2 years old, plus a tankless gas water heater. Energy-efficient doors and windows, storm doors, ceiling fans, a reverse osmosis system, and water softener add comfort and efficiency. Outside, enjoy the nice backyard and screened-in patio room-perfect for relaxing or entertaining. The community also offers a swimming pool, tennis courts, sidewalks, and snow removal. With its spacious layout, desirable updates, and convenient location, this home is ready to welcome its next owner!

9517 Moorings Boulevard, Indianapolis

Listing courtesy of NextHome Elite Real Estate.

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.

713 W 32nd Street, Indianapolis
$359,999
Updated Triplex Near Downtown Indianapolis Located less than five minutes from downtown Indianapolis, this fully updated triplex offers immediate rental income and flexible owner-occupant or investment potential. The property includes: Front studio apartment Side 1-bedroom, 1-bathroom unit Rear 2-bedroom, 1-bathroom unit The studio and one-bedroom units are currently rented for a combined $2,500 per month, with payments made by the state for one year, providing established income to the new owner. The rear two-bedroom unit is renovated and furnished for use as a short-term rental or as a private owner-occupant residence. A buyer can live in the rear unit while rental income from the other two units helps offset monthly expenses-potentially creating an opportunity to live at a significantly reduced cost. Additional features include two separate utility meters, allowing utilities to be divided between units, included fixtures, separate fencing for privacy around the rear unit, and independently controllable heating and cooling. With its convenient downtown location, updated condition, existing rental income, and flexible living options, this triplex is an excellent opportunity for an investor or owner-occupant.

713 W 32nd Street, Indianapolis

Listing courtesy of Carpenter, REALTORS®.

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