Clay Homes under $400,000

Clay Homes under $400,000

Welcome to Clay, Indiana – a hidden gem that beautifully blends small-town charm with modern conveniences. Nestled in the heart of the Hoosier State, Clay offers a serene lifestyle surrounded by picturesque landscapes, friendly neighbors, and a tight-knit community. Whether you're a first-time homebuyer or looking to settle down in a tranquil environment, Clay is the perfect place to call home.

One of the most appealing aspects of Clay is its affordability. With homes available under $400,000, you can find a variety of options that cater to diverse tastes and needs. From quaint single-family houses with spacious yards to contemporary townhomes, there’s something for everyone in this welcoming community. The real estate market here provides an excellent opportunity for families, retirees, and young professionals alike to invest in their dream home without breaking the bank.

Beyond the homes, Clay boasts a rich tapestry of local amenities. Enjoy leisurely strolls in well-maintained parks, indulge in delicious dining options, and explore unique shops that reflect the character of the town. The region also prides itself on its excellent schools and community programs, making it an ideal environment for raising children.

Moreover, Clay's location offers easy access to larger cities, allowing residents to enjoy the tranquility of small-town living while still being close to urban conveniences. With its affordable housing options and a vibrant community spirit, Clay, Indiana, is truly a place where you can thrive. Come discover the warmth and charm of Clay – your dream home awaits!

Newest Clay Homes under $400,000

8141 Walnut Street, Coatesville
$230,000
2 Beds ⋅ 1 Baths
Welcome to 8141 Walnut Street - where timeless charm meets comfortable living in the heart of Coatesville. This inviting property offers a wonderful opportunity to own a home with character, space, and the kind of setting that feels welcoming from the moment you arrive. Thoughtfully positioned in a desirable Coatesville location, this home provides a comfortable backdrop for everyday living while offering the potential to make it truly your own. Inside, you'll find a warm and inviting atmosphere with spaces designed for both relaxing and gathering. The home's character, practical layout, and welcoming presence create an ideal combination of comfort and opportunity. Step outside and enjoy the appeal of having your own space to unwind, entertain, garden, or simply enjoy the seasons. Whether you're looking for a place to settle in, a home with room to grow, or an investment with potential, 8141 Walnut Street deserves a closer look. A classic Coatesville address, a welcoming home, and an opportunity worth seeing in person. Come discover all that 8141 Walnut Street has to offer.

8141 Walnut Street, Coatesville

Listing courtesy of Timothy Wright. Wright, REALTORS®
5884 Hollow Oak Trail, Carmel
$399,900
3 Beds ⋅ 2 Baths
Welcome to Haverstick! Discover this beautifully updated, move-in-ready, single-level home in one of Carmel's established neighborhoods. Featuring 3 bedrooms, 2 full bathrooms, and an inviting great room with vaulted ceilings and a fireplace, this home offers comfort, style, and convenience. The updated kitchen features modern finishes, appliances replaced between 2019 and 2020 (all included), and both gas and electric range connections. Luxury vinyl plank flooring 2020 and updated carpeting in the two secondary bedrooms 2019 add to the home's appeal. The renovated primary bathroom features a custom natural stone walk-in shower with a television 2019. The primary suite includes a walk-in closet and direct access to a 182-square-foot enclosed, heated and cooled four-season sunroom, providing additional space beyond the home's listed 1,479 square feet of interior living area. Previously used as a home office, this versatile space is also ideal for reading, relaxing, or enjoying morning coffee. An exterior door leads to a wooden deck and adjoining concrete patio. Major improvements include a complete Lennox heating and cooling system replaced in 2024, roof replacement in 2020, interior painted 2021, and freshly painted exterior in 2026. An approximately one-year-old WaterBoss water softener is included. Additional features include a two-car garage with utility sink and both gas and electric dryer connections. Enjoy Haverstick's swimming pool, tennis courts, playground, and nearby walking trails. Prairie Trace Elementary School is within walking distance, and the White River Greenway provides convenient outdoor recreation. Just minutes from Conner Prairie and a nearby Kroger currently undergoing expansion. Beautiful updates, major system improvements, and a desirable Carmel location make this home an exceptional opportunity!

5884 Hollow Oak Trail, Carmel

Listing courtesy of Joshua Vida. Paradigm Realty Solutions
5395 State Road 39, Martinsville
$320,000
2 Beds ⋅ 2 Baths
Discover the endless possibilities this one-of-a-kind barndominium has to offer! Nestled on over 6 acres in the desirable Martinsville School District, this unique property combines comfortable living, scenic views, and incredible versatility at a great value for everything it has to offer! The main level features 2 bedrooms and 2 full bathrooms, gorgeous hardwood floors throughout, and a spacious kitchen designed to impress with abundant cabinetry, a large center island, and beautiful stainless-steel appliances, all complemented by stunning views of the surrounding property. The primary suite offers a generously sized walk-in closet, providing plenty of storage and convenience. Upstairs, a massive unfinished space awaits your vision, offering endless potential for additional bedrooms, a home office, recreation room, or whatever best suits your needs. A newly installed septic system designed to accommodate additional bedrooms adds even more opportunity to expand. Outside, enjoy your own private retreat featuring a beautiful 2-acre stocked pond, perfect for fishing and relaxing while taking in the peaceful surroundings. The massive shop provides incredible flexibility for hobbies, equipment, storage, a home-based business, or a variety of other uses. Whether you're dreaming of a spacious country home, a hobby farm, a live-work setup, or a property you can customize to fit your lifestyle, this exceptional property offers the space, features, and flexibility to bring your vision to life. With acreage, a stocked pond, a substantial shop, and room to grow, this property presents an outstanding opportunity to enjoy so much at an incredible value. Don't miss your chance to make this versatile property your own!

5395 State Road 39, Martinsville

Listing courtesy of Randi McCallie. The Stewart Home Group
2180 N Timberview Lane, Spencer
$360,000
3 Beds ⋅ 2 Baths
Property is occupied drive-by only! "This property has been placed in an upcoming online event. All properties are subject to a 3% buyer's premium, and bidding is pursuant to the Xome Auction Participation Agreement. Auction date 11/28/2026 8:00 AM CST - 12/01/2026 1:15 PM CST. Please see or call any agent for property details. Re: Property ID:# P115H3M PROPERTY ADDRESS: 2180 N Timberview Ln, Spencer, IN, 47460

2180 N Timberview Lane, Spencer

Listing courtesy of Cy Marlow. L.J. Michaels, Inc.
2121 Grenville Street, Carmel
$235,000
2 Beds ⋅ 1 Baths
Life in the Village of WestClay is defined by the little things that make every day feel more connected. Coffee around the corner, dinner close to home and evening walks along the ponds are all part of the rhythm. At 2121 Grenville Street, Unit 2D, a beautifully refreshed two-bedroom residence puts it all within reach. Offering more than 1,100 square feet, the light-filled interior feels fresh and move-in ready, with new windows, new carpet and fresh paint throughout. Granite countertops and stainless steel appliances lend timeless appeal to the kitchen, while the adjoining living area creates a comfortable setting for everyday living. Both bedrooms are generously sized, including a primary suite with a walk-in closet. The spacious full bath features dual vanities, granite countertops and a soaking tub with shower. In-unit laundry and a private one-car garage with interior access add thoughtful convenience. Beyond the front door, the Village of WestClay offers a lifestyle all its own. Locally loved restaurants and coffee shops sit alongside fitness studios, parks, playgrounds and neighborhood gathering spaces. Residents also enjoy access to community pools, tennis courts, walking and biking trails, green spaces and a calendar of events that bring neighbors together. With thoughtful updates, low-maintenance living and a setting that makes it easy to enjoy the best of Carmel, this residence offers an inviting opportunity to call the Village of WestClay home.

2121 Grenville Street, Carmel

Listing courtesy of Brooks Rothschild. The Agency Indy
451 American Way N, Carmel
$389,000
2 Beds ⋅ 2 Baths
Enjoy the best of Carmel in this move-in-ready, 2-bedroom, 2-full-bath condo! This quiet, desirable third-floor end unit offers elevator access, beautiful views from your private balcony, and an unbeatable walkable location. Stroll to the Palladium, Farmers Market, Christkindlmarket, Monon Trail, and countless shops and restaurants, all in the heart of Carmel! Inside, you'll find a stylish kitchen with granite countertops, stainless steel appliances, and convenient pull-out drawers, plus hardwood floors, NEW carpet, and upgraded lighting. All appliances stay, including the washer, dryer, and water softener. Storage is plentiful, with a wall of closets in the primary bedroom and an additional walk-in closet off the primary bath. Enjoy the convenience of two assigned spaces in the underground parking garage, plus your own storage area. With comfortable one-level living, great amenities, and Carmel's best destinations just steps away, this condo makes it easy to love where you live!

451 American Way N, Carmel

Listing courtesy of Christy Cutsinger. F.C. Tucker Company
581 W Hunters Drive, Carmel
$184,900
2 Beds ⋅ 1 Baths
Nestled among mature trees and beautifully maintained grounds in Carmel's established Hunters Glen community, this spacious two-bedroom condominium offers 1,156 square feet of comfortable living space and a versatile floor plan. The generous living room provides plenty of space to relax and entertain, while the separate formal dining room offers a dedicated setting for everyday meals and gatherings. The kitchen features ample cabinetry and an adjoining breakfast area. The spacious primary bedroom includes a walk-in closet, while the second bedroom features a cozy fireplace and flexibility for guests, a home office, or additional living space. Step outside to the private covered balcony and enjoy views of the surrounding greenery. Residents of Hunters Glen enjoy access to a community swimming pool, clubhouse, landscaped grounds, and covered carport parking. Conveniently located near Carmel City Center, the Arts & Design District, shopping, dining, and entertainment, this condominium offers an appealing combination of space, convenience, and community amenities.

581 W Hunters Drive, Carmel

Listing courtesy of Blake Miller. F.C. Tucker Company
4006 Little Creek Drive S, Spencer
$395,000
3 Beds ⋅ 4 Baths
3 bedrooms, 3 1/2 baths, a 1-story home over a finished basement, and a 3-car attached garage, all on 2.49 acres! Built in 2005, this 2,700 sq ft home offers a comfortable, move-in-ready interior paired with a peaceful outdoor setting surrounded by mature trees. With multiple outbuildings and Spencer and Ellettsville both approximately 10 minutes away. Step inside from the enclosed front porch and discover a home filled with natural light. The sunroom overlooks the front of the property, while large windows in the living room bring in the outdoors. The bright eat-in kitchen features an island, coffee bar, backyard views, and all appliances included. Just off the kitchen, the spacious laundry room offers a sink, plenty of counter space, and ample cabinetry to keep things organized. The primary suite provides a comfortable retreat with a walk-in closet and a large private bath featuring a soaker tub and walk-in shower. Two additional spacious bedrooms, each with a walk-in closet, share a full bath. The finished basement adds even more room to spread out, with a family room, game room, and full bath. Walk out access to the attached 3-car garage, complete with sealed concrete floors and additional storage space complete the lower level. The outbuildings provide even more flexibility, including a detached 1-car garage, a shed, and a 24x28 pole barn with space for a workshop, equipment, or your favorite projects.

4006 Little Creek Drive S, Spencer

Listing courtesy of Samantha Carver. HOME TEAM Properties
12913 Currier Street, Carmel
$395,000
2 Beds ⋅ 3 Baths
Live the Village of WestClay lifestyle in this all-brick brownstone townhome in the heart of one of Carmel's most sought-after communities. Stroll to neighborhood parks, restaurants, the brewery and shopping, and enjoy incredible amenities including three pools, fitness centers, tennis and pickleball courts and miles of walking trails. Beautifully maintained, this home features quality finishes and thoughtful details throughout. The main floor offers a light-filled office or flex room with new hardwood floors, additional storage and a rough-in for a future bath, along with access to the attached two-car garage. The living level is light, bright and open, showcasing hardwood floors laid on the diagonal and beautiful crown molding. The spacious great room easily flexes as a formal dining space, while the open kitchen boasts a center island, gas cooktop, newer wall oven, under-cabinet lighting and access to a private balcony. The adjoining family room offers a cozy gas fireplace and built-in speakers, creating a welcoming space for everyday living and entertaining. Upstairs are two generous primary suites, each with soaring cathedral ceilings, private baths and impressive walk-in closets, ideal for guests or multigenerational living. Recent improvements include HVAC and water heater (2023), newer kitchen appliances, Kinetico water system (2023), garage door opener (2024), plus a water softener and washer/dryer, all included. Timeless architecture, low-maintenance living and an exceptional walkable location make this a wonderful opportunity to enjoy everything the Village of WestClay has to offer!

12913 Currier Street, Carmel

Listing courtesy of Stephen Clark. Compass Indiana, LLC
11802 Prairie Place, Carmel
$350,000
3 Beds ⋅ 2 Baths
Set along a quiet, tree-lined street in Carmel's established Northwood Hills neighborhood, this charming ranch offers a rare sense of space and privacy on a beautiful .75-acre lot. Mature trees surround the property, creating a peaceful setting that feels tucked away while still being close to the restaurants, shopping, parks and everyday conveniences that make Carmel such a sought-after place to call home. Inside, natural light fills the home, with large windows overlooking the expansive backyard and bringing the surrounding landscape into view. The updated kitchen and refreshed baths offer a fresh, modern feel, while the inviting living spaces maintain the warmth and character that make the home comfortable from the moment you arrive. The ranch-style layout provides an easy flow for everyday living, with plenty of room to gather, relax and make the space your own. The backyard is where the property truly shines. Fully fenced and framed by mature trees, it offers an uncommon amount of room for a Carmel home, with space for gardening, play, outdoor dinners or quiet afternoons under the canopy. The patio creates an inviting spot for morning coffee, weekend gatherings and long summer evenings spent outside. There is an ease to everyday life here. A morning walk through the neighborhood, afternoons at nearby parks, dinner in Carmel or a quiet evening at home all feel equally natural. With highly regarded Carmel schools, local amenities and major roadways nearby, the location makes it easy to enjoy the community while maintaining a sense of retreat at home. Just minutes from I-465 and with convenient access to Indianapolis, Northwood Hills offers a desirable balance of established neighborhood charm and connectivity. For those looking for a Carmel home with a generous lot, mature landscaping and room to enjoy the outdoors, this inviting ranch offers a setting that feels both connected and comfortably removed.

11802 Prairie Place, Carmel

Listing courtesy of Colleen Hungerford. The Agency Indy
2121 Grenville Street, Carmel
$199,990
1 Beds ⋅ 1 Baths
Welcome to 2121 Grenville Street 1B! This beautiful ground floor, one bedroom, one bathroom condo offers a quiet setting and easy living in the highly sought after Village of WestClay. As the only condo unit located in the hallway, this home has a more secluded feel along with direct indoor access to a one car garage just steps from your door. No need to go outside to access your garage, making getting to your car even more convenient. The kitchen features stainless steel appliances and granite countertops, with matching granite in the bathroom for a cohesive finish. A washer and dryer are included, and the charming Juliet balcony overlooking Grenville Street brings in plenty of natural light and fresh air. Living in the Village of WestClay means having an incredible array of amenities right outside your door. Enjoy 3 pools, 3 fitness centers, tennis courts, pickle ball, restaurants, shops, seasonal concerts and community events throughout the year. With more than 171 acres of green space, playgrounds, ponds, fountains and over 10 miles of walking, biking and jogging paths, there is always something to explore. This is a great opportunity for low maintenance living in one of Carmel's most desirable communities.

2121 Grenville Street, Carmel

Listing courtesy of Dawn Pollard. eXp Realty, LLC
14551 Dublin Drive, Carmel
$349,900
4 Beds ⋅ 3 Baths
Seller offering a $5,000 appliance credit! Warm and cozy 4 bedroom, 2.5 bath home in a convenient Carmel location near Clay Terrace, shopping, dining, and the movie theater, with the Monon Trail just moments away. The main level includes a spacious living room, formal dining room, and beautiful kitchen with granite countertops. A family room with a fireplace and a large deck off the breakfast nook offer space to relax or gather. Upstairs, four generously sized bedrooms include a primary suite with a vaulted ceiling, spacious en suite bath, and walk in closet. The upper level laundry room adds convenience, with the washer and dryer included. Enjoy comfortable living spaces and easy access to everything Carmel has to offer!

14551 Dublin Drive, Carmel

Listing courtesy of Hadeel Said. Highgarden Real Estate
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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.


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