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Homes Under $500K in Indianapolis, IN
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Buy

Start here

  • Homes for sale by state
  • Home buying tips
  • Before you start looking
  • The buying timeline

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  • Mortgage calculator
  • How much can I afford?
  • Get pre-approved

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  • Closing costs, itemized
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3 beds
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Homes Under $500K in Indianapolis, IN

Homes Under $500K in Indianapolis, IN

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24 of 3,011 Listings
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Homes Under $500K in Indianapolis, IN

24 of 3,011 Listings

Your Indianapolis agent

LR

Lora Reynolds

The Lora Reynolds Team powered by Epique

Lic. #RB14037239

The Lora Reynolds Team powered by EpiqueCall Lora
  1. 7143 Mohawk Lane — photoNew42Active

    $399,000

    4 bd · 4 ba · 2,742 sqft

    7143 Mohawk Lane, Indianapolis, IN

    Stevee Clifton · Compass Indiana, LLC

  2. 1007 S Tremont Street — photoNew16Active

    $227,750

    3 bd · 2 ba · 1,241 sqft

    1007 S Tremont Street, Indianapolis, IN

    Jamie Blackburn · @properties

  3. 3711 Hillside Avenue — photoNew21Active

    $155,000

    3 bd · 1 ba · 936 sqft

    3711 Hillside Avenue, Indianapolis, IN

    Natasha Fogleman · Ever Real Estate, LLC

  4. 430 N Park Avenue 309 — photoNew43Active

    $389,000

    2 bd · 2 ba · 1,196 sqft

    430 N Park Avenue 309, Indianapolis, IN

    Tina Smith · CENTURY 21 Scheetz

  5. 952 Eastern Avenue — photoNew30Active

    $310,000

    3 bd · 2 ba · 1,644 sqft

    952 Eastern Avenue, Indianapolis, IN

    Jenni Bliss McMillion · @properties

  6. 5315 Meadowood Drive — photoNew44Active

    $300,000

    3 bd · 3 ba · 1,992 sqft

    5315 Meadowood Drive, Indianapolis, IN

    Patrick Early · F.C. Tucker Company

  7. 8626 Wrangler Court — photoNew40Active

    $425,000

    4 bd · 3 ba · 2,394 sqft

    8626 Wrangler Court, Indianapolis, IN

    Kelley O'Connor · CENTURY 21 Scheetz

  8. 1113 Blue Bird Drive — photoNew4Active

    $260,000

    2 bd · 2 ba · 1,963 sqft

    1113 Blue Bird Drive, Indianapolis, IN

    Ronda Pollock · F.C. Tucker Company

  9. 902 Ellenberger Parkway East Parkway — photoNew41Active

    $265,000

    2 bd · 2 ba · 1,780 sqft

    902 Ellenberger Parkway East Parkway, Indianapolis, IN

    Connor Jones · Mark Dietel Realty, LLC

  10. 2510 E 25th Street — photo16Active

    $109,999

    2 bd · 1 ba · 672 sqft

    2510 E 25th Street, Indianapolis, IN

    Ani Rios · Highgarden Real Estate

  11. 213 Handley Street — photoNew32Active

    $315,000

    3 bd · 3 ba · 1,800 sqft

    213 Handley Street, Indianapolis, IN

    Cleia Tupper · Keller Williams Indy Metro Partners

  12. 3938 N College Avenue — photoNew34Active

    $320,000

    3 bd · 2 ba · 1,679 sqft

    3938 N College Avenue, Indianapolis, IN

    Michele Prible · @properties

  13. 832 E Beecher Street — photoNew23Active

    $99,900

    3 bd · 2 ba · 1,239 sqft

    832 E Beecher Street, Indianapolis, IN

    Tyler Lingle · @properties

  14. 6613 Nodlehs Drive — photoNew40Active

    $170,000

    3 bd · 2 ba · 1,201 sqft

    6613 Nodlehs Drive, Indianapolis, IN

    Terry Young · Red Bridge Real Estate

  15. 1329 N Drexel Avenue — photoNew54Active

    $249,900

    3 bd · 2 ba · 1,349 sqft

    1329 N Drexel Avenue, Indianapolis, IN

    David Johnson · F.C. Tucker Company

  16. 8888 Alderly Court — photoNew19Active

    $495,000

    4 bd · 3 ba · 3,190 sqft

    8888 Alderly Court, Indianapolis, IN

    Steven Koleno · Beycome Brokerage Realty LLC

  17. 7131 Gillespie Court — photo43Active

    $265,000

    3 bd · 2 ba · 1,198 sqft

    7131 Gillespie Court, Indianapolis, IN

    Miranda Schubert · Weichert REALTORS® Cooper Group Indy

  18. 4921 E 69th Street — photoNew39Active

    $330,000

    3 bd · 2 ba · 2,319 sqft

    4921 E 69th Street, Indianapolis, IN

    Ken B. Stuff · F.C. Tucker Company

  19. 6111 Tree Fox Place — photoNew32Active

    $395,000

    3 bd · 2 ba · 1,943 sqft

    6111 Tree Fox Place, Indianapolis, IN

    Liz Grimes · Hoosier, REALTORS®

  20. 2170 Sugar Grove Avenue — photoNew34Active

    $175,000

    2 bd · 1 ba · 768 sqft

    2170 Sugar Grove Avenue, Indianapolis, IN

    Crystal White · Compass Indiana, LLC

  21. 819 Olive Street — photoNew2Active

    $140,000

    1 bd · 1 ba · 724 sqft

    819 Olive Street, Indianapolis, IN

    Daniel Fisher · @properties

  22. 3119 Carlsbad Lane — photoNew13Active

    $214,999

    4 bd · 2 ba · 1,276 sqft

    3119 Carlsbad Lane, Indianapolis, IN

    Ashton Harris · The Stewart Home Group

  23. 6303 Kings Canyon Drive — photoNew24Active

    $245,000

    3 bd · 3 ba · 1,331 sqft

    6303 Kings Canyon Drive, Indianapolis, IN

    Don Harrington · F.C. Tucker Company

  24. 1330 N Bonar Avenue — photoNew27Active

    $245,000

    3 bd · 2 ba · 1,580 sqft

    1330 N Bonar Avenue, Indianapolis, IN

    Michelle Shirley · Carpenter, REALTORS®

12…126

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The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing data is derived from various Multiple Listing Services; each source MLS and its required disclaimer are shown with the listings on the applicable page. Realty.com is an independently owned and operated brokerage.

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Listing data & MLS disclosures

MIBOR Broker Listing Cooperative
Based on information submitted to the MLS GRID as of 2026-09-04 06:13:09 UTC. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
  • By feature

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    Your Indianapolis agent

    LR

    Lora Reynolds

    The Lora Reynolds Team powered by Epique

    Lic. #RB14037239

    The Lora Reynolds Team powered by EpiqueCall Lora

    Indianapolis, IN community profile

    Area
    422.3 sq. mi.

    Source: HJN community data

    Indianapolis housing market

    August 2026 · This period is still settling

    Selling at 98.9% of asking price

    Buyers here are paying below asking. MLS · 32 sales · as of Aug 28, 2026

    Homes on the market · MLS, as of Aug 28, 2026–Aug 31, 2026

    Median list price
    $359,900
    Homes for sale
    79
    Median days on market
    16 days

    Price trend · Assessor repeat sales, as of Aug 31, 2026

    Year-over-year
    -38.0%

    Housing stock — every home in the area, not only the ones selling or listed · Assessor records, as of Jul 29, 2026

    Median home size
    1,972 sq. ft.