Indianapolis, IN Real Estate | Indianapolis, IN Homes between $450,000 and $500,000 for Sale

Great location in Big Run with beautiful pond view off the rear patio. Spacious 2 story great room with brick fireplace and many windows. Custom Kitchen with breakfast area and also a formal dining room, Hardwood floors & tile on the main floor living areas. Large master bedroom and master bath with whirlpool and shower. Large sunroom off master bedroom for your future hot tub or sauna. 3 Bedrooms down and a large bonus room upstairs that can be the 4th bedroom if needed. Lots of quality through out the home--Kitchen, floors, trim, windows, fixtures. Has both large covered porches on the front and rear at the patio pergola. Lots of Masonry Extras, fireplace, Pergola, bar and sink patio make a great area for entertaining. Large walk in unfinished attic area over the Garage for storage. Intercom System

4918 Palomino Trail, Indianapolis

Listing courtesy of OK Baird, LLC.

$475,000

brand-new Duplex construction and a wonderful living space in a vibrant city setting. Luxury high end finishes, including granite countertops and stainless steel appliances. Luxury bathrooms with Tiled surrounds and granite vanity tops. This property provides an opportunity to experience modern living. With 1295 square feet of living area per Floor, the layout offers a comfortable, modern, homey feel. The residence features 3 bedrooms and 2 full baths, providing enough space for a variety of lifestyle needs, from a home office to guest accommodations. Imagine the convenience and starting your mornings and a relaxing end to your evenings. The lot area is perfect for outdoor enjoyment and relaxation. This INDIANAPOLIS home creates a personalized living experience. This Property is broker owned.

1611 N Arsenal Avenue, Indianapolis

Listing courtesy of Neu Real Estate Group.

$489,900

6 Beds ⋅ 7 Baths

An extraordinary opportunity to complete a custom contemporary ranch estate offering nearly 12,000 square feet under roof on 3.077 private acres in South Indianapolis. The structural shell is complete, including foundation, framing, roof, and exterior siding-providing a substantial head start on what is designed to be a 6-bedroom, 5 full bath, 1 half bath luxury residence. With 6,938 square feet above grade and an additional 4,922 square foot basement, the scale and layout allow for exceptional potential for a theater, fitness studio, wine cellar, recreation areas, or multi-generational living, and premium lifestyle amenities. The generous acreage provides privacy rarely found in this corridor while maintaining convenient access to major highways, downtown Indianapolis, and surrounding amenities. This is an exceptional opportunity for a custom homeowner, luxury builder, or investor to complete and personalize a contemporary estate with significant upside potential. Architectural scale, acreage, and structure are already in place-bring your vision to life. For the discerning buyer seeking architectural scale, privacy, and the ability to design a signature estate - this is a rare opportunity to complete a luxury residence without starting from raw land. Eligible buyers may use Construction-to-Permanent loans, FHA 203(k), or standard construction financing to complete the home. Bring your architect, your builder, and your vision - the groundwork is already done.

3712 E Edgewood Avenue, Indianapolis

Listing courtesy of F.C. Tucker Company.

$500,000

4 Beds ⋅ 4 Baths

This incredible home which was rebuilt in 2021 has the original foundation from 1910, offers 2,212 square feet of thoughtfully designed living space. With 4 bedrooms, 3 full baths, and 1 half bath, the open floor plan creates a comfortable flow for everyday living and entertaining. The home features two primary ensuite bedrooms-one conveniently located on the main level and another on the second floor-offering flexibility for guests, multi-generational living, or a private retreat. The carpet on the main floor primary has been replaced in May, while two of the upstairs bedrooms have been freshly painted a neutral white, giving the space a bright, updated feel. Walk-in closets throughout the home provide plenty of storage. Outside, the private fenced backyard includes a deck and space for outdoor dining or relaxing. A charming balcony offers an elevated spot to enjoy morning coffee or unwind in the evening. Located in a residential area with convenient access to nearby amenities, this home combines modern construction with practical living space. Home is pre-wired with CAT6 cable and 2 washer/dryer hook ups.

1454 Laurel Street, Indianapolis

Listing courtesy of CENTURY 21 Scheetz.

$459,999

3 Beds ⋅ 4 Baths

Luxury new-construction 3-bedroom, 3.5-bath home located in the highly sought-after Fountain Square neighborhood! This stunning property features a fully finished, separate basement unit and private, fully fenced yards for each unit, offering exceptional flexibility and privacy. Showcasing high-end finishes throughout, the home is currently furnished and operating as a successful two-unit Airbnb-making it ideal for both investors and owner-occupants seeking income potential. Situated in a vibrant near-downtown location, the home is just steps from popular shops, restaurants, local retail, and offers easy highway access for convenient travel throughout Indianapolis. With ample living space and storage, this property is also perfectly suited as a forever home. A unique exterior design paired with soaring main-level ceilings creates a truly abstract and artistic aesthetic, setting this home apart from anything else on the market.

1112 Spann Avenue, Indianapolis

Listing courtesy of eXp Realty, LLC.

$459,990

2 Beds ⋅ 2 Baths

Welcome to your dream home in the prestigious Beaumont on the Green neighborhood! This brand new, meticulously designed condo offers an unparalleled living experience with its blend of luxury and comfort. Featuring 2 spacious bedrooms and 2 beautifully appointed full baths, covered porch offers a serene outdoor retreat, perfect for relaxing and entertaining guests. The gourmet kitchen is equipped with built-in appliances, high-end cabinetry, and stunning countertops, making it a chef's delight. With 10' ceilings, the home exudes an open and airy ambiance throughout. A spacious side load garage provides ample space for vehicles. Nestled in a highly sought-after area, this condo combines the convenience of modern living with the charm of an exclusive community. Beaumont on the Green is known for its beautiful landscapes and close proximity to shopping, dining, and recreational activities. Don't miss the opportunity to make this exceptional condo your new home. Schedule a viewing today and experience luxury living at its finest!

7942 Beaumont Green Place, Indianapolis

Listing courtesy of Keller Williams Indpls Metro N.

$474,900

3 Beds ⋅ 3 Baths

Discover the charm of this beautiful ranch home nestled in the highly sought-after Tamarack neighborhood in Washington Township. Situated on a serene, quiet street, this residence offers a perfect blend of comfort and style, making it feel much larger than its exterior suggests. Enter through the inviting two-story grand entry, and you'll find spacious rooms that are ideal for entertaining. The home boasts exquisite woodwork throughout, adding a touch of elegance to every corner. The living room exudes a timeless appeal with its comforting fireplace, creating an ultimate gathering space for family and friends. The home features generously sized bedrooms, including a master suite with a walk-in closet. Natural light pours into the home through skylights, enhancing the bright and welcoming atmosphere. The kitchen has seen many updates, including newer flooring and cabinet fronts, providing both functionality and style. Enjoy peaceful evenings in the sun room or on the paver patio, overlooking a private backyard surrounded by beautiful landscaping. The garage is equipped with an epoxy floor, offering a clean and durable space for storage or parking. This home is a must-see, combining location with undeniable charm. It offers convenient access to I-465, N Meridian St/US 31, shopping, entertainment, parks, and much more. Don't miss the opportunity to make this delightful home yours!

947 Tamarack Circle North Drive, Indianapolis

Listing courtesy of Compass Indiana, LLC.

$450,000

Proposed New Construction Duplex | Nickel Plate Village Introducing a brand-new Duplex investment opportunity in the highly desirable Fairgrounds neighborhood. Each unit features a spacious 3-bedroom, 2-bath layout, ranging from 1250 to 1374 square feet, offering modern design, open living spaces, and quality craftsmanship throughout. With projected rents of $1,900 per unit, this property generates strong returns and is ideal for owner-occupants, investors, or house hackers looking to capitalize on Indianapolis's continued growth. Built by Paradigm Construction & Development, a respected local builder committed to quality, transparency, and community impact. Perfectly located just minutes from the $4 billion IU Health Downtown Hospital (scheduled for completion in December 2027) and backs up to newly paved Nickel Plate Trail, State Fairgournds, close to the Monon Trail, Fall Creek Greenway, Broad Ripple and Midtown dining and retail, this property combines walkability, convenience, and long-term appreciation potential. Estimated completion: Approximately 7 months from closing and first construction draw. Reach out directly for full specifications, construction timeline, and builder options.

4235 Evanston Avenue, Indianapolis

Listing courtesy of Canull Group LLC.

$450,000

Proposed New Construction Duplex | Nickel Plate Village Introducing a brand-new Duplex investment opportunity in the highly desirable Fairgrounds neighborhood. Each unit features a spacious 3-bedroom, 2-bath layout, ranging from 1250 to 1374 square feet, offering modern design, open living spaces, and quality craftsmanship throughout. With projected rents of $1,900 per unit, this property generates strong returns and is ideal for owner-occupants, investors, or house hackers looking to capitalize on Indianapolis's continued growth. Built by Paradigm Construction & Development, a respected local builder committed to quality, transparency, and community impact. Perfectly located just minutes from the $4 billion IU Health Downtown Hospital (scheduled for completion in December 2027) and backs up to newly paved Nickel Plate Trail, State Fairgournds, close to the Monon Trail, Fall Creek Greenway, Broad Ripple and Midtown dining and retail, this property combines walkability, convenience, and long-term appreciation potential. Estimated completion: Approximately 7 months from closing and first construction draw. Reach out directly for full specifications, construction timeline, and builder options.

4233 Evanston Avenue, Indianapolis

Listing courtesy of Canull Group LLC.

$450,000

Proposed New Construction Duplex | Nickel Plate Village Introducing a brand-new Duplex investment opportunity in the highly desirable Fairgrounds neighborhood. Each unit features a spacious 3-bedroom, 2-bath layout, ranging from 1250 to 1374 square feet, offering modern design, open living spaces, and quality craftsmanship throughout. With projected rents of $1,900 per unit, this property generates strong returns and is ideal for owner-occupants, investors, or house hackers looking to capitalize on Indianapolis's continued growth. Built by Paradigm Construction & Development, a respected local builder committed to quality, transparency, and community impact. Perfectly located just minutes from the $4 billion IU Health Downtown Hospital (scheduled for completion in December 2027) and backs up to newly paved Nickel Plate Trail, State Fairgournds, close to the Monon Trail, Fall Creek Greenway, Broad Ripple and Midtown dining and retail, this property combines walkability, convenience, and long-term appreciation potential. Estimated completion: Approximately 7 months from closing and first construction draw. Reach out directly for full specifications, construction timeline, and builder options.

4237 Evanston Avenue, Indianapolis

Listing courtesy of Canull Group LLC.

$474,900

3 Beds ⋅ 3 Baths

Welcome to your new home in the heart of historic Fountain Square! This brand-new build offers over 2,000 sq. ft. of modern living space with an open floor plan designed for both comfort and style. The spacious kitchen is perfect for cooking and entertaining, while the dedicated home office makes working from home easy and efficient. Enjoy peace of mind with a builder's home warranty and the convenience of smart-home features, including a WiFi-enabled front door lock, garage door opener, thermostat, and a mesh router system to keep you connected throughout the home. A two-car garage adds extra storage and parking convenience. Just steps from Fountain Square's vibrant nightlife, coffee shops, local eateries, and craft breweries, this home offers a true urban lifestyle with easy access to I-70 and I-65 for seamless commuting. Don't miss your chance to own a brand-new home in one of Indianapolis's most sought-after neighborhoods!

1334 English Avenue, Indianapolis

Listing courtesy of Onyx and East, LLC.

$500,000

4 Beds ⋅ 4 Baths

Welcome to your dream home in the heart of urban living, where bold design meets impeccable craftsmanship and every detail tells a story. This listing is a showcase a custom-built masterpiece nestled in the sought-after Kennedy King neighborhood-a place where charm, luxury, and location collide. From the moment buyers' step inside, they'll be swept away by soaring vaulted ceilings, gleaming hardwood floors, and a show-stopping accent wall that anchors the living space with flair. The chef's kitchen is a culinary playground, boasting custom cabinetry and premium appliances that invite gourmet creations and late-night indulgence alike. Spa-inspired bathrooms elevate daily routines with expansive tilework, a soaking tub fit for royalty, and a shower that rivals five-star retreats. And let's talk about that basement-massive, versatile, and ready to become anything from a game room to a guest suite, complete with its own full bath and private bedroom. All this, just minutes from downtown's vibrant dining, shopping, and entertainment scene. With this agreement, we're not just listing a home-we're launching a lifestyle that's bound to captivate even the most discerning buyers.

1810 Bellefontaine Street, Indianapolis

Listing courtesy of Wynkoop Brokerage Firm, LLC.

$500,000

2 Beds ⋅ 2 Baths

LUXURY CONDO IN OLD NORTHSIDE | Welcome to UNIT 302, a beautifully designed 2-bedroom, 2-bath condo featuring soaring ceilings, warm hardwoods, and sleek contemporary finishes. The private north-facing balcony overlooks the 16th Street and Herron Morton neighborhood. Thoughtfully designed open living, kitchen, and dining spaces make entertaining effortless. The primary suite boasts a spa-like bath with a soaking tub, full shower, dual sink vanity, and a generous walk-in closet. A well-appointed second bedroom and full bath provide flexibility for guests or additional office space. All kitchen appliances plus washer/dryer included. As for AMENITIES: enjoy a sprawling rooftop lounge with stunning skyline views, secure underground parking, a spacious gym with tree canopy views, elevator and bike storage. Live blocks from Provider Coffee, Foundry Provisions, Tinker St Restaurant, Invoke Yoga, the Monon Trail, parks & Mass Ave including the Bottleworks District. Only 5 units remain in this 26-unit building. Water/sewer included in HOA dues.

319 E 16th Street, Indianapolis

Listing courtesy of Maywright Property Co..

$489,900

3 Beds ⋅ 3 Baths

Lovely historic cottage situated in the thriving Herron Morton neighborhood. Lofty ceilings, built in bookshelves, a beautiful trimmed focal point in the dining room and floor to ceiling bay windows highlight this homes 1900's charm. A bright open kitchen featuring a large island, stainless steel appliances, and marble countertops perfectly blend modern conveniences with the appeal of old world details. The upstairs area has loads of possibilities with two large bedrooms and an additional full bathroom. The primary bedroom en-suite with sitting room on the first floor opens to the fully fenced yard and in-ground pool. Enjoy the covered patio, gazebo and fire pit in the yard perfect for entertaining and al fresco dining. Don't miss this charmer nestled near HMP park, coffee shops, book stores and more.

1715 Alabama Street, Indianapolis

Listing courtesy of @properties.

$474,000

2 Beds ⋅ 2 Baths

LUXURY CONDO IN OLD NORTHSIDE | Welcome to UNIT 202, a stunning condo featuring a private outdoor balcony, tons of natural light with oversized windows, and well-appointed finishes including custom, white oak cabinetry and quartz countertops. All appliances are in place, including a Thermador kitchen and washer/dryer. You'll love the flexible layout including an oversized primary bedroom with a gorgeous and spacious ensuite bath complete with soaking tub, full shower, dual sink vanity and walk-in closet. As for Three19, enjoy all its AMENITIES: a unique offering featuring the best of condo living including an oversized rooftop and lounge with skyline views, secure deeded underground parking, an expansive gym with tree canopy sights, elevator and bike storage. Live blocks from Provider Coffee, Foundry Provisions, Tinker St Restaurant, Invoke Yoga, the Monon Trail, parks & Mass Ave including the Bottleworks District. Only 5 units remain in this 26-unit building. Water/sewer included in HOA dues.

319 E 16th Street, Indianapolis

Listing courtesy of Maywright Property Co..

Indianapolis, IN Homes between $450,000 and $500,000 for Sale

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