Indianapolis Public Schools Homes under $350,000

Indianapolis Public Schools Homes under $350,000

Welcome to the vibrant heart of Indianapolis, where the charm of urban living meets the tranquility of suburban life! If you’re considering a move to this dynamic city, you’ll be pleased to know that the Indianapolis Public Schools (IPS) district is dedicated to providing quality education and enriching experiences for students. With a diverse range of educational programs and a commitment to fostering a nurturing environment, IPS is a cornerstone of the community, ensuring that every child has the opportunity to thrive.

For families looking to settle in this bustling area, there is an exciting selection of homes available under $350,000. Whether you’re searching for a cozy bungalow, a modern townhouse, or a spacious family home, Indianapolis offers a variety of options to suit your lifestyle and budget. The real estate market here is not only affordable but also boasts neighborhoods rich in character and community spirit.

Living in Indianapolis means you’ll have access to a plethora of amenities, including parks, cultural attractions, and dining options, all while being part of a supportive community. The city’s convenient location allows for easy commuting and access to nearby attractions, making it an ideal place for families, young professionals, and retirees alike.

Explore the possibilities of making Indianapolis your home! With great schools, affordable housing, and a welcoming atmosphere, it’s no wonder that so many are drawn to the charm of this Indiana gem. Your dream home awaits in this thriving city—let’s find it together!

Newest Indianapolis Public Schools Homes under $350,000

3356 Broadway Street, Indianapolis
$160,000
4 Beds ⋅ 2 Baths
This is a classic Indianapolis residence with character and potential in the established Mapleton-Fall Creek area. Built in 1920 and features the traditional charm associated with its Craftsman-era design. Original architectural character, wood-frame windows, a fireplace, and mature trees add to the property's established feel. A covered front porch provides additional outdoor space and a pleasant place to enjoy the neighborhood. The property sits on an approximately 6,534-square-foot lot and offers an opportunity for a homeowner or investor looking for a property with character and room for continued improvement. This home has no HOA. Conveniently situated along Broadway Street, the property provides access to the surrounding Mapleton-Fall Creek neighborhood and the broader Indianapolis area. With its historic character, traditional floor plan, and potential for personalization, 3356 Broadway St offers an opportunity to make an established Indianapolis home your own.

3356 Broadway Street, Indianapolis

Listing courtesy of Paradigm Realty Solutions.

411 Gimber Court, Indianapolis
$284,900
4 Beds ⋅ 2 Baths
Imagine ending your day at your own waterfront retreat! This amazing, custom-built Cape Cod home is located on a large pond, yet it is just 10 minutes from downtown, nestled in an obscure, peaceful pocket near Garfield Park. Fully remodeled and featuring 2,600 finished SF, this 4 bed, 2 bath home with a full, finished walkout basement offers the perfect blend of modern luxury & everyday escape. The home has been thoughtfully remodeled from top to bottom, along with important updates, like a new HVAC and new water heater. The stunning kitchen features quartz countertops w/ bar seating, new SS appliances, new cabinetry & an inviting breakfast nook w/ built-in seating & a table. The formal living room on the main level is airy w/ tons of natural sunlight & dramatic vaulted ceilings. You'll appreciate the neutral paint throughout and the consistent LVP flooring throughout the entire home. The spacious walkout basement feels like a cozy cabin retreat with its wood-lined walls, gas fireplace, & walk-out access to the yard, creating an inviting space for entertaining, movie nights, or simply unwinding after a long day. There is also a large rec room, two HUGE finished storage rooms w/ built-in shelving, & a bonus room w/ large closets that could be a fourth bedroom, office, playroom or gym. The private primary suite is a true sanctuary w/ a walk-in closet and an ensuite bathroom featuring a designer tiled shower & a stylish new vanity. The two additional bedrooms on the main level feature generous closets and share a tastefully renovated 2nd full bathroom. The spectacular new multi-level deck maximizes the breathtaking waterfront views & offers multiple outdoor living/entertaining areas, plus everyone can enjoy having a fully fenced, private backyard.

411 Gimber Court, Indianapolis

Listing courtesy of Highgarden Real Estate.

no property photo
$205,000
3 Beds ⋅ 3 Baths
Charming 3-4 Bedroom/3 full bath home Garfield Park. This well Maintained property features a spacious layout with an open concept kitchen & living area/perfect modern living. Enjoy ample natural light throughout, highlighting the tasteful finishes. The master suite boasts a walk-in closet & en-suite bathroom. Backyard offers a a private outdoor space. Located in a quiet neighborhood, this home provides both comfort & convenience.

2138 S Garfield Drive, Indianapolis

Listing courtesy of My Agent.

2267-2269 Adams Street, Indianapolis
$125,000
Discover the potential of this duplex on Adams Street in Indianapolis. Featuring a covered front porch and an unfinished basement, this property offers a solid starting point for those looking to make updates and add value. With renovation potential and flexible possibilities, this could be an appealing investment or project for the right buyer. Conveniently located near Brightwood Park and other nearby amenities. A chance to bring your vision to life in a convenient Indianapolis location!

2267-2269 Adams Street, Indianapolis

Listing courtesy of Keller Williams Indy Metro Partners.

1358 N Ridgeview Drive, Indianapolis
$275,000
3 Beds ⋅ 2 Baths
Discover a meticulously maintained home in a quiet neighborhood located in Warren township. This inviting ranch-style home is presented in ready-to-move-in condition, providing an immediate opportunity for refined living. The living room serves as the heart of the home, featuring a stately fireplace and thoughtfully integrated built-in shelves, perfect for showcasing personal collections or enhancing organizational flow. The primary bedroom offers a private sanctuary, complete with an ensuite bathroom and walk-in closet, providing both comfort and convenience. Another bathroom within the residence is appointed with a walk-in shower, optimizing both form and function. Beyond the interior, the property extends its living experience with a private yard and dedicated outdoor living spaces. A covered deck, an open patio, and a welcoming porch provide diverse options for relaxation and entertainment. A gorgeous, custom made pond with flowing waterfall and accented by a beautiful rock walkway steals the show and really sells the unique quality this property has to offer. An attached garage offers secure parking and additional storage. This home's roof was just replaced in the last year, appliances are like new, and the home includes a basement, adding further utility. This one won't last long, don't miss this amazing opportunity!

1358 N Ridgeview Drive, Indianapolis

Listing courtesy of My Agent.

28 N Whittier Place, Indianapolis
$295,000
3 Beds ⋅ 2 Baths
The home inspector remarked that this is one of the best homes he has inspected in Irvington-an extraordinary compliment for a neighborhood known for its century-old homes. A rare combination of historic character, thoughtful renovation, and exceptional care. This home has been improved where it matters while retaining the warmth, craftsmanship, and personality that make older Irvington homes so special. Major improvements include updated electrical, a renovated kitchen, updated full and half baths, HVAC, foundation work, a Sheriff-Goslin roof, flooring, a pergola, and an expanded deck. The newly renovated kitchen is fresh, functional, and full of character, w/ extensive counter space and storage, and not a cookie-cutter remodel. The remodeled large full bath is a standout, with a freestanding soaking tub, a separate glass-enclosed shower, and a mix of modern finishes and warm natural wood. Move the W&D in the half bath, and you can convert it back to a full bath. Outside, the property extends the living space. The expanded deck and covered pergola create a private place for dinners, gatherings, morning coffee, or quiet evenings under the mature trees. Established landscaping and the home's deep front porch reinforce the quintessential Irvington setting. What makes this property particularly compelling is the balance: historic architecture and neighborhood character paired with major infrastructure and mechanical improvements already completed. The home is pre-inspected, and the report is available; please ask your agent for a copy. IHPC Historic Designation.

28 N Whittier Place, Indianapolis

Listing courtesy of F.C. Tucker Company.

2326 Adams Street, Indianapolis
$60,000
3 Beds ⋅ 1 Baths
Discover the potential of this home on Adams Street in Marion County. Featuring a covered front porch and an open backyard, this property offers a great starting point for those looking to make updates and bring their vision to life. Conveniently located near Brightwood Park and local everyday amenities. A chance to add value and create a home that fits your style!

2326 Adams Street, Indianapolis

Listing courtesy of Keller Williams Indy Metro Partners.

4855 Hillside Avenue, Indianapolis
$225,000
2 Beds ⋅ 2 Baths
Welcome to 4855 Hillside Avenue, a beautifully renovated shotgun-style home in the heart of SoBro. This 2-bedroom, 1.5-bath home was fully updated in 2019 and offers a smart, efficient layout with both bedrooms connected by a convenient Jack-and-Jill bath. Beautiful hardwood floors run throughout, adding warmth and character to the space. Outdoor living is a standout here, with a covered front patio, fenced-in backyard, and covered deck that creates additional space to relax or entertain. Behind the property, a large concrete parking pad provides convenient off-street parking with easy alley access. Situated in Indianapolis' popular SoBro neighborhood, you'll be surrounded by the local restaurants, coffee shops, boutiques, and neighborhood businesses that make this area so desirable. The Monon Trail is nearby, providing easy access to one of Indy's most popular walking and biking routes, while Broad Ripple Village is just north with its eclectic mix of dining, shopping, nightlife, and entertainment. You'll also be close to convenient connections to downtown Indianapolis, where destinations like Mass Ave, Bottleworks District, White River State Park, and the Indianapolis Cultural Trail are all within easy reach. Turnkey, updated, and surrounded by some of Indianapolis' most vibrant neighborhoods, 4855 Hillside Avenue offers the opportunity to enjoy the character of an established neighborhood with the convenience of being close to the best of Midtown and downtown Indy.

4855 Hillside Avenue, Indianapolis

Listing courtesy of Berkshire Hathaway Home.

3369 Broadway Street, Indianapolis
$160,000
4 Beds ⋅ 1 Baths
This super cool 4 bedroom home is looking for its next chapter. Full of character and original details, it features hardwood floors, built ins, a fireplace, large rooms, a beautiful staircase, a sunroom/breakfast room, a sweet window seat, and gorgeous glass doors off the living room that open to the covered front porch...such a dreamy little detail. Upstairs offers four bedrooms and a full bath, plus access to a second-story deck at the back of the home. There's also a great opportunity to rework the third and fourth bedrooms into a larger primary suite with its own bath and direct access to that upper deck. With around 2,000 square feet, unique architecture, and so many original touches still intact, this home has tons of personality and room to make it your own.

3369 Broadway Street, Indianapolis

Listing courtesy of Hanza Realty, LLC.

520 N Dearborn Street, Indianapolis
$49,000
3 Beds ⋅ 1 Baths
CALLING ALL INVESTORS AND REHABBERS!! 520 N Dearborn St presents a compelling fix-and-flip opportunity in Rivoli Park on Indianapolis' near east side. Situated on a quiet residential street just beyond an active revitalization zone, this property is positioned directly in the path of progress as redevelopment continues to expand into the surrounding area. This 2-story home offers 3 bedrooms, 1 full bath, 1,586 sq ft of living space, plus a 742 sq ft unfinished basement. The interior is in major disrepair and will require extensive renovation, while the exterior is in comparatively good condition and could benefit from a cosmetic facelift to maximize curb appeal and ARV. The main level features a spacious living room, large formal dining room, eat-in kitchen with breakfast nook, and a semi-open circular layout that could potentially be reconfigured into an impressive open-concept floor plan. The main-level laundry room may also offer potential for conversion to a half bath. Upstairs are all 3 bedrooms and the full bathroom. Much of the original woodwork remains, including baseboards and door/window trim, providing character worth preserving. Renovated properly, potential ARV could approach $250K! Priced for a quick sale. Cash or hard money only; no seller or creative financing. Priority will be given to offers able to close by 10/30.

520 N Dearborn Street, Indianapolis

Listing courtesy of Keller Williams Indpls Metro N.

2927 N Delaware Street, Indianapolis
$280,000
FULLY OCCUPIED DUPLEX | LONG-TERM LEASES | $28,560 CURRENT ANNUAL RENTAL INCOME! Excellent opportunity to add a well-maintained, income-producing duplex in Addie Nichols N Park Addition near Historic Meridian Park to your investment portfolio. Each unit offers approximately 1,322 square feet with 3 bedrooms and 1.5 bathrooms, providing spacious and functional living areas that appeal to long-term tenants. Both units feature welcoming covered front porches, spacious living rooms with LVP flooring, neutral paint tones, generous closet storage, and abundant natural light. The main level includes a convenient half bath and an eat-in kitchen with ample cabinetry and counter space. Upstairs, each unit offers three generously sized bedrooms and a full bathroom with a tub/shower combination. Additional features include basement storage and laundry, private rear decks, off-street parking, and convenient alley access. INVESTMENT HIGHLIGHTS: Unit 2925 is leased through 6/12/2028 at $1,225/month, with the tenant in place since 6/2026. Unit 2927 is leased through 4/11/2027 at $1,155/month, with the tenant in place since 4/2025. Combined current rental income is $2,380/month, or $28,560 annually. Both units are currently occupied, providing an investor with immediate income and established tenancy without the typical turnover and lease-up period. Whether you're expanding an existing portfolio or looking for a solid entry into residential investment property, this duplex offers the combination of strong current occupancy, long-term leases, desirable 3-bedroom floor plans, and established rental income that investors look for. Turnkey and income-producing-ready for its next owner!

2927 N Delaware Street, Indianapolis

Listing courtesy of T&H Realty Services, Inc..

25 N Catherwood Avenue, Indianapolis
$315,000
4 Beds ⋅ 2 Baths
Welcome to 25 N Catherwood Avenue, where classic character meets a beautifully updated interior! This spacious home has been thoughtfully remodeled from top to bottom, offering the perfect blend of charm, style, and modern convenience. Step inside to an inviting open-concept layout designed for both everyday living and entertaining. The completely remodeled kitchen is the heart of the home, featuring stainless steel appliances, a large center island, updated finishes, and an easy flow into the living area. Both full bathrooms have been refreshed, including a stylish walk-in shower. With generous living space throughout, this home offers flexibility for entertaining, working from home, relaxing, or creating spaces that fit your lifestyle. Outside, the welcoming front porch is the perfect spot to unwind and enjoy the neighborhood. Located near Irvington and convenient to shopping, dining, entertainment, and major roadways, this renovated home combines the character of an established Indianapolis neighborhood with the updates today's buyers want. Don't miss your chance to make 25 N Catherwood Avenue home. Schedule your private showing today!

25 N Catherwood Avenue, Indianapolis

Listing courtesy of Keller Williams Indy Metro NE.

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