Center Homes under $400,000

Center Homes under $400,000

Welcome to the Heart of Indiana: The Center Region

Nestled in the vibrant state of Indiana, the Center region is a hidden gem that beautifully combines small-town charm with urban conveniences. This area is known for its welcoming community, rich history, and an abundance of recreational opportunities, making it an ideal place for families, young professionals, and retirees alike.

One of the standout features of the Center region is its diverse array of homes, particularly those priced under $400,000. Here, you’ll find an impressive selection of properties that cater to various lifestyles and preferences. From charming single-family homes with sprawling lawns to modern townhouses with contemporary finishes, there’s something for everyone. These homes not only offer affordability but also provide ample space for growing families or those looking to downsize without sacrificing comfort.

The Center region is also surrounded by picturesque parks, excellent schools, and a thriving local economy, ensuring that residents enjoy a high quality of life. With easy access to major highways, commuting to nearby cities is a breeze, allowing you to savor the tranquility of suburban living while remaining connected to the hustle and bustle of urban life.

Whether you're a first-time homebuyer or searching for a cozy retreat, the Center region in Indiana offers a unique blend of affordability, community spirit, and accessibility. Discover your dream home in this enchanting area and experience the warmth and charm that makes Indiana truly special. Your ideal home awaits!

Newest Center Homes under $400,000

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.

1298 Galaxy Lane, Danville
$329,900
3 Beds ⋅ 3 Baths
Welcome to Northwood Haven! This 2024-built two-story home offers 3 bedrooms, 2.5 baths and 2,087 square feet of thoughtfully designed living space. The main level features an inviting great room, dining area and well-appointed kitchen with center island, stainless steel appliances and luxury vinyl plank flooring. Upstairs, includes a spacious primary suite, a loft along with two additional bedrooms and convenient laundry. A covered porch, new concrete patio out back and 2-car garage add to the appeal of this beautiful Danville home. Move-in ready and waiting for you!

1298 Galaxy Lane, Danville

Listing courtesy of CENTURY 21 Scheetz.

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®.

1424 W 15th Street, Muncie
$69,900
3 Beds ⋅ 1 Baths
Discover a unique opportunity at 1424 W 15th St in southwest Muncie. This 1344 square foot single family residence, built in 1860, offers a distinctive investment opportunity. This home had been a steady rental for the past 7 years and includes two bedrooms and a full bathroom on the main level with a loft and a third bedroom upstairs. Gas forced air furnace. Immediate possession. Investor is selling As-Is, no exceptions.

1424 W 15th Street, Muncie

Listing courtesy of NextHome Elite Real Estate.

4501 N Wheeling Avenue, Muncie
$105,000
2 Beds ⋅ 3 Baths
Remarkably spacious top-floor condo offering 2,850 square feet of living space! Located in Building 2, this rare residence features two bedrooms, two-and-a-half baths, generously sized rooms, abundant natural light, and a large living area with a brick fireplace. The renovation process was started but never completed, giving the next owner an exceptional opportunity to redesign and finish the home according to their own style and vision. The building offers elevator service and enclosed basement garage parking-an especially welcome convenience during inclement weather. New appliances were purchased but never installed and will remain with the property, along with the newer washer and dryer. The $716 monthly HOA fee includes water, sewer, exterior maintenance, and other community services. Building 2 also has a $722 major-project assessment billed in January and again in July, plus a $200 annual capital assessment billed in September and due October 15. These reserves help the association prepare for major building expenses, including the elevator and other shared systems. Owners are responsible for their individual furnaces and interior components. Additional advantages include comprehensive exterior maintenance, potentially lower condominium-insurance costs compared with a traditional home, and the privacy and security of a guarded entrance staffed 24 hours a day. With extraordinary space, top-floor living, protected parking, immediate possession, and a virtual tour now available, this is a renovation opportunity unlike anything else in the local condominium market.

4501 N Wheeling Avenue, Muncie

Listing courtesy of Coldwell Banker Real Estate 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.

410 Eastern Avenue, Indianapolis
$210,000
2 Beds ⋅ 2 Baths
Move-In Ready 2BR/2BA with hardwoods, fenced yard, and garage on Indy's East Side! Check out this charming 2-bedroom, 2-full-bath home on the east side of Indianapolis. It offers the space, privacy, and practical features that make a home easy to love. Step inside to warm hardwood floors that bring character and easy upkeep to the main living areas. Both bedrooms are on the main floor with a bathroom separating them. A huge bonus, a second full bathroom is in the basement, so there are no more morning lines and plenty of convenience when guests stay over. The partially finished basement adds valuable flexible space. Use it as a home office, gym, media room, or hobby area, with unfinished space left for storage, laundry, or a future project that builds value over time. Outside, the privacy-fenced backyard is ready for pets, gardening, weekend cookouts, or a quiet morning coffee. The front porch is a welcoming spot to relax and watch the neighborhood go by. A 1-car garage keeps your car out of Indiana winters and gives you extra room for tools and seasonal gear. You get the location to match, with easy access to downtown, shopping, dining, and major routes for a simple commute. If you're looking for a well-rounded starter home with room to grow, this one is worth a look!

410 Eastern Avenue, Indianapolis

Listing courtesy of @properties.

617-619 N Beville Avenue, Indianapolis
$359,900
It's the duplex everyone asks for - 3B2.5B PER SIDE AND MINUTES TO NEAR EAST SIDE FAVORITES LIKE AMELIA'S AND NORTH MASS BOULDER! Whether you want to house-hack your way into homeownership or add a cash-flowing duplex in beautiful Woodruff Place, this one fits the bill. One side is leased at $1,600 a month; the other is vacant and move-in ready, so live in one while the rent covers a chunk of the mortgage, or lease both and collect cash flow from day one. The home has been extremely well maintained. The vacant unit was just spruced up with a fresh coat of interior paint and new stainless steel appliances. The location is outstanding: blocks from Woodruff Place's historic esplanades, a short walk to Rabble Coffee and Beholder on E Michigan, with Amelia's, Centerpoint Brewing, Spades Park, and the Mass Ave corridor all close by. Come take a look today before it's gone!

617-619 N Beville Avenue, Indianapolis

Listing courtesy of @properties.

627 E Morris Street, Indianapolis
$350,000
3 Beds ⋅ 3 Baths
Step into a piece of Indianapolis history at 627 E Morris ST, a distinguished single-family residence built in 1885. Located in the heart of Bates Hendricks, this expansive property, offering 2656 square feet of living space, presents a unique opportunity to own a home with character. Across its two stories, this residence provides a comfortable and versatile living environment. With three spacious bedrooms, there is ample room, especially the master suite. Two full bathrooms and an additional half bathroom ensure convenience and privacy. Situated on a 4312 square foot lot, this property offers a 2 car garage, fenced in backyard, and privacy. To experience the unique charm and potential of this historic Indianapolis home, we invite you to schedule a private viewing. Brand new AC unit, Knob and tube Removed and updated electrical, fresh paint!

627 E Morris Street, Indianapolis

Listing courtesy of F.C. Tucker Company.

411 E 5th Street, Muncie
$44,900
2 Beds ⋅ 1 Baths
Discover a unique opportunity at 411 E 5th ST, MUNCIE, IN, a captivating single-family residence built in 1890. This 1176 square foot home offers a distinctive character, blending historical charm with modern living. With two well-proportioned bedrooms, this home provides comfortable and private spaces for rest and rejuvenation. A single full bathroom serves the home, offering essential amenities for daily routines. This inviting residence, spanning a single story, offers convenient and accessible living. Embrace the chance to own a piece of Muncie's history; inquire today to experience this distinctive property firsthand.

411 E 5th Street, Muncie

Listing courtesy of Highgarden Real Estate.

903 E 5th, Muncie
$49,900
3 Beds ⋅ 1 Baths
Discover the charm and convenience of 903 E 5th, a delightful single-family residence in Muncie, Indiana. Built in 1915, this 1024 square foot bungalow offers a ready-to-move-in and inviting home experience, blending historical character with comfortable living. This single-story home provides three well-proportioned bedrooms, offering versatile spaces for rest, work, or creative pursuits. The home is thoughtfully designed with one full bathroom, providing essential comfort and functionality. The property sits on a 4040 square foot lot, providing a manageable outdoor space for enjoyment and relaxation. To truly appreciate the thoughtful design and inviting atmosphere of this Muncie bungalow, schedule your personal viewing today.

903 E 5th, Muncie

Listing courtesy of Highgarden Real Estate.

3204 S Vine, Muncie
$79,900
2 Beds ⋅ 1 Baths
Discover the charm of 3204 S Vine, a single-family residence built in 1949, offering 825 square feet of thoughtfully designed living space in Muncie, IN. This delightful one-story home presents an opportunity for comfortable, convenient living on a generous 5000 square foot lot. The home encompasses two well-proportioned bedrooms, providing comfortable personal retreats. A single full bathroom serves the home, offering essential amenities for daily routines. Embrace the possibility of making this inviting Muncie residence your own.

3204 S Vine, Muncie

Listing courtesy of Highgarden Real Estate.

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