MSD Decatur Township Homes under $200,000

Welcome to the vibrant community of Decatur Township, located in the heart of Indianapolis, Indiana. This charming area is served by the MSD Decatur Township School District, known for its commitment to academic excellence and fostering a nurturing environment for students. Families in this district enjoy access to a variety of educational programs, extracurricular activities, and dedicated educators who strive to inspire the next generation.

One of the standout features of Decatur Township is its affordability, particularly for those seeking homes under $200,000. This makes it an attractive option for first-time homebuyers, young families, or anyone looking for a budget-friendly place to settle down. With a diverse range of properties available, from cozy single-family homes to modern townhouses, there’s something to suit every taste and lifestyle.

Living in Decatur Township means being part of a close-knit community that values both education and quality of life. Residents can enjoy beautiful parks, recreational facilities, and a variety of local shops and restaurants, all while being just a short drive away from the bustling downtown Indianapolis. The area boasts a rich cultural scene, with events and activities that cater to all ages, ensuring that there’s always something to do.

If you’re looking for a welcoming neighborhood with excellent schools and affordable housing options, Decatur Township is the perfect place to call home. Embrace the opportunity to build lasting memories in a community that prioritizes family, education, and a bright future. Explore your options today and discover the charm of living in MSD Decatur Township!

Newest MSD Decatur Township Homes under $200,000

$134,900

2 Beds ⋅ 1 Baths

Looking for a Home to Make Your Own or Your Next Investment Project? Take a closer look at this recently updated 2-bedroom, 1-bath home offering approximately 900 square feet of potential! Whether you're searching for an affordable place to call home or a property with investment possibilities, this one is ready for you to explore. Inside, you'll find a spacious living room, a functional kitchen with white cabinetry, dark countertops, and wood-look flooring, plus a convenient utility room. The backyard features a detached outbuilding that could be used for extra storage, a workshop, or other creative possibilities. Built in 1938, the home features stone and vinyl siding, classic wood windows, a private well, and city sewer. While there is no attached garage, the property offers plenty of room to bring your ideas to life. Its convenient location near schools, shopping, and major highways adds to its appeal. Make your move and unlock the possibilities! Whether you're ready to settle into a home of your own or take on your next investment project, this property is worth a closer look. Bring your vision, explore the potential, and make it yours!

3317 S Lyons Avenue, Indianapolis

Listing courtesy of Terry Young. Red Bridge Real Estate

$140,000

3 Beds ⋅ 1 Baths

Charming 3-bedroom, 1-bath bungalow offering affordable, move-in-ready living in Decatur Township! Recent updates include vinyl siding, roof, and select windows. Situated on a spacious lot with an additional adjoining lot, offering plenty of outdoor space and possibilities! A true 2-car detached garage features two separate bays and overhead doors. Enjoy the privacy of a quiet, low-traffic, non-through street and the benefits of Decatur Township schools without the higher price tag. Conveniently located near shopping, dining, entertainment, Indianapolis International Airport, I-465, and I-70. Turnkey, FHA-ready, and a great opportunity for affordable homeownership!

3033 S Fleming Street, Indianapolis

Listing courtesy of Matthew Jones. The Modglin Group

$154,900

3 Beds ⋅ 2 Baths

Excellent investment opportunity with this home to make it yours however you wish. This amazing opportunity is sold AS-IS.

5708 Milhouse Road, Indianapolis

Listing courtesy of Claire Sorrels. List With Ben, LLC

$179,000

2 Beds ⋅ 1 Baths

Bring your vision to this solid brick home filled with original character and potential! Set on a beautiful, private lot surrounded by mature trees, this former rental offers an exciting opportunity for investors, flippers, or buyers looking to make a classic home their own. Original hardwood floors, built-in cabinetry, rich wood trim, and charming arched openings showcase the home's timeless craftsmanship. A brick fireplace adds character to the living room, while the spacious covered front porch offers a welcoming place to enjoy the peaceful setting. The detached garage provides additional space for parking, storage, or a workshop. With its distinctive architectural details and inviting outdoor surroundings, this property is an appealing canvas for your next project. Whether you're planning your next flip or creating a home that reflects your personal style, there's plenty of opportunity to bring a fresh vision to life while celebrating the character that makes this home special.

6844 W Thompson Road, Indianapolis

Listing courtesy of Kathryn Teltow. Highgarden Real Estate

$200,000

2 Beds ⋅ 1 Baths

This cute ranch home could be yours. A great value with 2-lots and a detached garage! New paint, new flooring, and a brand new Furnace & A/C installed just last week. Spread-out in this big yard and large covered front porch. Great home in a great neighborhood.

4125 S Gerrard Drive, Indianapolis

Listing courtesy of Jeneene West. F.C. Tucker Company

$130,000

3 Beds ⋅ 1 Baths

Welcome to this 3 bedroom, 1 bath home full of potential at 4051 Standish! A great opportunity for investors or buyers ready to add their personal touch. Functional layout, established neighborhood. Sold AS-IS; cash and rehab loans welcome.

4051 Standish Drive, Indianapolis

Listing courtesy of Erin Anderson. F.C. Tucker Company

$192,000

4 Beds ⋅ 1 Baths

4-bedroom, 1-bath home offering comfortable living space, a large fenced backyard, and plenty of potential. The 4th bedroom was created by reducing the size of the existing garage, leaving a smaller garage area with a garage door that may accommodate a small vehicle or provide additional storage. The property is currently tenant occupied, with tenants planning to vacate. The large fenced backyard offers plenty of space for outdoor activities, entertaining, or gardening. A great opportunity for a buyer or investor!

4214 Phoenix Drive, Indianapolis

Listing courtesy of Katherine Joest. Epique Inc

$120,000

2 Beds ⋅ 1 Baths

**Spacious bungalow with room to make it your own!** Offering 1,768 square feet of living space, this 1941 home features 2 bedrooms, 1 full bathroom, and a versatile 1.5-story layout with one bedroom on the main level and another upstairs. The upper level offers flexibility for a private bedroom, home office, or additional living space. Vinyl siding and windows add to the home's appeal, while the detached 2-car garage provides generous space for parking, storage, or a workshop. Whether you're looking for your next renovation project or an investment opportunity, this property offers plenty of potential. Bring your vision and explore the possibilities! **Property is being sold as-is.**

3221 S McClure Street, Indianapolis

Listing courtesy of Terry Young. Red Bridge Real Estate

$130,000

2 Beds ⋅ 1 Baths

Like New Cozy 2 BR/1BA Home that sits on Two Lots - This Large Backyard gives you room to entertain, have a garden or for your pets! The home features New HVAC, New AC w anti-theft cage, New Chimney, New 50 gal Water Heater, New Kitchen Faucet, Freshly Painted, Sewer line inspected, repaired and cleaned, Attic Access enlarged & move to convenient location, windows wrapped in Aluminum, new gutters & downspouts, Security System and Custom Island added to Kitchen! This home is like new and ready for a new owner! Convenient Location and a Great Value! Mini Barn does NOT stay!

3026 S Lyons Avenue, Indianapolis

Listing courtesy of Sandra Finlinson. Landhawk Real Estate

$179,000

3 Beds ⋅ 1 Baths

Looking for the perfect opportunity to make a house a home? This one checks all the boxes. Start with a spacious interior (3 bedrooms and an oversized family/living room), great bones and an ideal location close to downtown Indy and you have the perfect canvas to get your creative minds to work. Add a fully fenced back yard, a separate storage shed and a 2-car garage and this one could be truly special! Recent updates to include: Roof and gutters (2021) / Furnace (2017) / Air Conditioner (2022) / Partial sewer line replacement / window (2022).

3333 S Mooresville Road, Indianapolis

Listing courtesy of Bif Ward. F.C. Tucker Company

$90,000

1 Beds ⋅ 1 Baths

Commercial building available on the SE corner of Farnsworth St & Mars Hill St. 2nd floor is presently set-up for residential or office. The first floor is gutted and so it can be whatever you want, with some work. Office, retail, sales, storage, etc. Assessor's size is 1152 first floor, 1152 2nd floor , totaling 2304 SF on a 2520 SF prominent corner lot. Bring your contractor and your ideas. And Brand New Roof and Decking!

3871 Farnsworth Street, Indianapolis

Listing courtesy of Jeneene West. F.C. Tucker Company

$85,000

1 Beds ⋅ 1 Baths

Welcome to this charming and affordable one-bedroom home located in the Mars Hill neighborhood on Indianapolis' southwest side. Whether you're a first-time buyer, looking to downsize, or searching for an investment property, this home offers a great combination of value and low-maintenance living. The interior has been freshly painted and features new flooring throughout, giving the home a clean, updated feel. Outside, you'll love the newly built covered front porch-a great spot to relax and enjoy the outdoors. A newer roof adds peace of mind, while the manageable corner lot makes exterior upkeep simple. With its recent improvements, affordable price point, and easy-to-maintain size, this property is ready for its next owner. Why rent when homeownership could be within reach? Schedule your showing and come see the possibilities this cozy Indianapolis home has to offer!

3051 S Roena Street, Indianapolis

Listing courtesy of Tanya Davis. A & B Homes

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Listings courtesy of MIBOR Broker Listing Cooperative as distributed by MLS GRID.

Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker of 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. Some listings have been excluded from this website.