Wayne Homes under $400,000

Wayne Homes under $400,000

Welcome to Wayne, Indiana—a charming community that perfectly blends small-town charm with modern amenities. Nestled in the heart of the Hoosier State, Wayne offers a welcoming atmosphere with a rich history and a vibrant local culture. From its picturesque parks to its friendly neighborhoods, it’s no wonder that many families and individuals are choosing to call Wayne home.

One of the standout features of Wayne is its affordability. If you’re searching for a home under $400,000, you’ll be delighted to find a variety of options that cater to different lifestyles and preferences. Whether you’re looking for a cozy single-family home, a spacious townhouse, or a charming bungalow, Wayne has something to suit every taste. Many properties boast beautiful yards, updated interiors, and easy access to local amenities, making them perfect for first-time buyers or those looking to downsize.

In addition to its affordable housing market, Wayne is conveniently located near major highways, providing easy access to neighboring cities and attractions. Residents enjoy a wealth of recreational opportunities, including parks, walking trails, and community events that foster a sense of belonging. With excellent schools and a strong sense of community, Wayne is an ideal place to raise a family or settle down.

Explore the opportunities that await you in Wayne, Indiana, and discover why this hidden gem is the perfect place to find your new home without breaking the bank. Your dream home under $400,000 is waiting for you in this delightful community!

Newest Wayne Homes under $400,000

432 Chapel Hill West Drive, Indianapolis
$239,995
3 Beds ⋅ 2 Baths
Updated 3-bedroom, 2-bath home on a quiet 0.30-acre cul-de-sac lot in the Chapel Hill community, Wayne Township schools. Inside, you'll find new luxury vinyl plank flooring, new carpet, and updated bathrooms, so it's ready for you to move in. The large lot gives you plenty of outdoor space for relaxing, gardening, or entertaining. There's also an attached 1-car garage for convenience and storage. The HOA is voluntary, so there are no mandatory fees. The dead-end street location is peaceful but still minutes from Ben Davis High School, I-465, and Avon shopping, including Costco, Target, and Walmart. Schedule your showing today!

432 Chapel Hill West Drive, Indianapolis

Listing courtesy of House Counsel Realty.

840 S Addison Street, Indianapolis
$60,000
Great investment opportunity to build on this ample lot in an upcoming area. A 2 car garage currently sits on this lot. All utilities are accesible.

840 S Addison Street, Indianapolis

Listing courtesy of AMR Real Estate LLC.

3724 Magenta Lane, Indianapolis
$170,000
2 Beds ⋅ 2 Baths
Enjoy easy condo living in a great location! This well-maintained 2-bedroom, 2-bath condo offers a spacious layout, comfortable living spaces, and a peaceful wooded setting. The large Great Room is the centerpiece of the home, featuring vaulted ceilings and an open design that provides plenty of room for both living and dining. A distinctive hanging light fixture defines the dining area while keeping the space open and inviting. The generously sized kitchen offers plenty of cabinet and counter space, making it both functional and welcoming for everyday living or entertaining. The Primary Bedroom provides a private retreat with its own ensuite bath, while the additional bedroom and full bath offer flexibility for guests, a home office, or other needs. Step outside onto the private balcony and enjoy your morning coffee or unwind at the end of the day while overlooking the wooded area. A convenient storage closet just off the balcony provides additional space for outdoor items and storage. Located near beautiful Eagle Creek and with easy access to downtown Indianapolis, this condo combines a peaceful setting with convenient access to shopping, dining, recreation, and the city. A wonderful opportunity for those looking for comfortable, low-maintenance living in a convenient location!

3724 Magenta Lane, Indianapolis

Listing courtesy of F.C. Tucker Company.

145 S Hill Avenue, Knightstown
$265,000
3 Beds ⋅ 2 Baths
Welcome to 145 S Hill Avenue in Knightstown, Indiana! Situated on a desirable corner lot, this 3-bedroom, 1.5-bath home offers 1,536 square feet of living space across 11/2 levels with valuable updates and plenty of room to enjoy inside and out. The kitchen and dining areas were updated in 2019, along with new kitchen appliances, creating a functional space for everyday living and entertaining. Both bathrooms were also updated in 2019, while major improvements include an aluminum roof, HVAC system, and water heater-all new in 2019-providing added value for the next owner. The home includes a refrigerator, gas oven/range, microwave, dishwasher, washer, dryer, and convenient rolling kitchen island. Outside, enjoy a fully fenced backyard with space for pets, recreation, gardening, or outdoor gatherings, plus a backyard storage shed for lawn equipment and additional storage. A 2-car detached garage and additional gravel parking provide plenty of room for vehicles and guests. A water softener is also onsite but is not currently installed. With updated mechanicals, renovated kitchen and baths, generous living space, fenced backyard, corner-lot setting, and versatile parking, this Knightstown home offers a great combination of comfort, functionality, and move-in-ready features.

145 S Hill Avenue, Knightstown

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.

2726 S Lyons Avenue, Indianapolis
$300,000
A rare opportunity offering flexibility, space, and income potential-all in one property. Whether you're looking to expand your investment portfolio, offset your mortgage with rental income, or create a multi-generational living arrangement, this fully renovated tri-plex offers options that are hard to find. The property features three separate living spaces with a total of 7 bedrooms and 3 bathrooms. The main residence offers a spacious 3-bedroom, 1-bath layout, while the in-law quarters provide a private 2-bedroom, 1-bath setup. The third unit adds another 2 bedrooms and 1 bathroom, along with its own dedicated laundry room for added convenience. Previously generating approximately $5,000 per month in total rental income, this property offers compelling income potential for an investor or an owner-occupant looking to live in one unit while renting the others. Extensive renovations have already been completed throughout the property, including new HVAC systems, water heaters, plumbing, electrical, waterproof flooring, fresh interior paint, updated bathrooms, new faucets, appliances, and a new garage door. A 2-car garage provides additional value with space for parking, storage, or hobbies. With three living spaces, extensive updates, and multiple ways to use the property, this is more than just a home-it's an opportunity to create income, flexibility, and long-term value under one roof.

2726 S Lyons Avenue, Indianapolis

Listing courtesy of Keller Williams Indy Metro Partners.

820 Staton Place West Drive, Indianapolis
$229,900
2 Beds ⋅ 2 Baths
Gorgeous and Totally Updated Condo with 2 Master Suites in the Popular and Quiet Neighborhood of Chapel Pines. You will Love this 1 Level Home with Spacious Great Room and Cathedral Ceilings. The Entire Home Adorns New Luxury Vinyl Hardwood. Kitchen has Been Completely Remodeled with Kraft Maid Cabinetry, Butcher Block Countertops, Tiled Backsplash, Farmhouse Sink and all New Appliances. Bathrooms have Been Updated with New Vanities, Toilets and as an added Feature Bath #2 has a Handicap Walk in Shower. The New Pella Windows (2023) are Absolutely Beautiful! 3 Season Sunroom with New Blinds is Perfect for Relaxing and Enjoy your Morning Coffee. HOA Covers Sewer, Water and Trash. They also handle Snow Removal, Landscaping and Exterior Maintenance. Move In Before the Holidays.

820 Staton Place West Drive, Indianapolis

Listing courtesy of REMAX ONE.

7116 Tina Drive, Indianapolis
$258,000
4 Beds ⋅ 2 Baths
7116 Tina Dr is a two-story Indianapolis home with a two-car garage, rear deck, and a broad backyard framed by mature trees. The refreshed kitchen features white cabinetry, stone counters, stainless-steel appliances, generous workspace, and an island connecting to the dining area. Wood floors and abundant natural light define the main level, while a brick fireplace anchors the spacious lower-level living room. Four bedrooms and two bathrooms provide flexible space across the home, including a lower-level bedroom and bathroom. Sliding glass doors extend the dining area to the deck, creating an easy connection to the yard. Included 100-Day Home Warranty with buyer activation

7116 Tina Drive, Indianapolis

Listing courtesy of Opendoor Brokerage LLC.

3232 Arbutus Drive, Indianapolis
$231,500
4 Beds ⋅ 2 Baths
Space, comfort, and opportunity come together at 3232 Arbutus Dr! This spacious 4-bedroom, 2-bath home offers approximately 2,153 sq. ft. of living space with plenty of room to spread out and make it your own. The versatile floor plan includes a dedicated office space-perfect for working from home, a study, hobby room, or additional flex space. Enjoy relaxing evenings around the cozy fireplace and plenty of space for entertaining family and friends. The home could use a little TLC and updating, providing the perfect opportunity to add your personal style and create a space that's truly your own. And there's more to love-NO HOA! Enjoy the freedom of homeownership without monthly association fees or HOA restrictions. Whether you're searching for a spacious home to personalize or a property with potential to add value, this one is worth a closer look. Bring your ideas and imagine the possibilities. Schedule your private showing today!

3232 Arbutus Drive, Indianapolis

Listing courtesy of Real Broker, LLC.

1628 Beulah Avenue, Indianapolis
$215,000
3 Beds ⋅ 3 Baths
Enjoy the freedom of no HOA and room to spread out on a spacious .62-acre lot! This beautifully updated home has been extensively remodeled over the past two years, offering a fresh, move-in-ready interior with modern finishes throughout. Updates include all new laminated hardwood flooring throughout the home, along with updated appliances and a refreshed kitchen that gives the space a clean, contemporary feel. Major improvements add even more peace of mind, including a roof and HVAC system that are both only approximately 2 years old, plus a new water heater, new sump pump, and new dishwasher. Outside, the oversized .62-acre lot provides plenty of room for entertaining, gardening, pets, recreation, or simply enjoying the added space and privacy that can be hard to find. With no HOA, you'll also have greater flexibility to enjoy and use the property as you choose. Conveniently located with easy access to shopping, dining, employment centers, and major roadways, this updated home combines extensive improvements, a hard-to-find large lot, and no HOA into one great opportunity.

1628 Beulah Avenue, Indianapolis

Listing courtesy of Janko Realty Group.

3618 N Norfolk Street, Indianapolis
$225,000
3 Beds ⋅ 2 Baths
Welcome to 3618 N Norfolk St, a beautifully renovated ranch offering modern updates and a convenient location near shopping, downtown, and an incredible variety of international dining options. Major improvements include a new roof, driveway, and windows. Inside, you'll find a beautifully updated kitchen featuring soft-close shaker cabinets and quartz countertops, updated bathrooms, and new luxury vinyl plank flooring throughout. Step outside to enjoy the spacious, fully fenced backyard perfect for entertaining, pets, or simply enjoying your own private outdoor space. Move in ready and thoughtfully updated throughout!

3618 N Norfolk Street, Indianapolis

Listing courtesy of AMR Real Estate LLC.

3643 Welch Drive, Indianapolis
$155,000
3 Beds ⋅ 1 Baths
Discover the potential at 3643 Welch DR, a charming single-family residence in INDIANAPOLIS, IN. Built in 1958, this 925 square foot home offers a unique opportunity to craft your ideal living space, blending classic design with modern aspirations. This single-story home presents three comfortable bedrooms, providing adaptable spaces for rest or creative pursuits. The single full bathroom is designed for daily convenience. Situated on a generous 6621 square foot lot, this property offers ample outdoor space for leisure and landscaping. Great investment opportunity if you are looking for your next rental as well. Imagine the possibilities that await at this address; schedule your private viewing today.

3643 Welch Drive, Indianapolis

Listing courtesy of eXp Realty LLC.

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