Delaware Homes under $200,000

Delaware Homes under $200,000

Welcome to Delaware, Indiana—a charming community that perfectly blends small-town charm with modern conveniences. Nestled in the heart of Delaware County, this delightful town offers a welcoming atmosphere, making it an ideal place for families, young professionals, and retirees alike. With its rich history, friendly residents, and picturesque landscapes, Delaware is not just a place to live; it’s a place to call home.

One of the most appealing aspects of Delaware is its affordability. The real estate market here offers an impressive selection of homes under $200,000, making it an attractive option for first-time homebuyers and those looking to downsize. Imagine stepping into your very own cozy abode without breaking the bank! From charming bungalows to spacious ranch-style homes, there’s something for everyone in this budget-friendly market.

Residents of Delaware enjoy a variety of local amenities, including parks, shops, and restaurants, all within easy reach. The town is also conveniently located near larger cities, providing easy access to urban conveniences while still allowing you to savor the tranquility of a close-knit community.

With its affordable housing options and a vibrant community spirit, Delaware, IN, is truly a hidden gem in the Midwest. Whether you’re looking to invest in your first home or seeking a peaceful place to enjoy your golden years, Delaware offers the perfect backdrop for your next chapter. Explore the possibilities today and discover why so many are proud to call Delaware home!

Newest Delaware Homes under $200,000

6059 S Bay Drive, Indianapolis
$192,000
2 Beds ⋅ 3 Baths
Come experience this lovely amazingly decorated 2 bd 3 bth condo. Located in the outstanding Hamilton South Eastern school district. Lots of updates in this gorgeous home! Fresh paint, updated bathrooms, back splash, stainless steel appliances, new flooring, fantastic new light fixtures throughout along with fresh insulation in the attic. Both bedrooms have updated en-suite baths. Close proximity to tons of shopping, dining, parks and nightlife.

6059 S Bay Drive, Indianapolis

Listing courtesy of Rodney Smith. United Real Estate Indpls
265 S Miller Avenue, Albany
$190,000
3 Beds ⋅ 1 Baths
Purchase entirely renovated or "As Is".

265 S Miller Avenue, Albany

Listing courtesy of John Massey. Massey Real Estate Services
5201 E County Road 450 N, Albany
$179,000
3 Beds ⋅ 1 Baths
Nestled on nearly an acre in a peaceful country setting, this charming 3-bedroom, 1-bath home offers 1,404 square feet of comfortable living space. The inviting stone exterior, attached garage, and classic masonry fireplace add timeless character, while the spacious lot provides room to garden, entertain, or simply enjoy the outdoors. Whether you're looking for your first home, a place to downsize or a quiet rural retreat, this property offers endless potential with the convenience of easy access to nearby amenities around the greater Muncie area. Bring your creativity and make this home your own. It needs updates, but offers numerous possibilities for customized upgrades and improvements.

5201 E County Road 450 N, Albany

Listing courtesy of Brett Frieman. Keller Williams Indy Metro NE
5924 Highgate Circle E, Indianapolis
$199,900
2 Beds ⋅ 2 Baths
Move-in ready Cedar Cove Condominium in Fishers. FHA eligible and 3% down financing! All major systems refreshed within last year-new roof, new siding and trim, plus brand NEW main level flooring installed in August 2026! Turn key 2 BR-2 BA condo. Step inside to a Beautifully updated and redesigned main level! Open kitchen and great room features gas fireplace and ship-lap accent wall. Fully remodeled kitchen with new cabinets, countertops, backsplash, sink and faucet! Stainless steel appliances and recessed lighting added. Gorgeous New Luxury Vinyl Plank flooring throughout entire property. Two story entry with built-in decorative shelving. Spacious primary suite offers 2 closets plus oversized hall walk-in closet for added storage. Updated bathrooms feature new vanities, faucets, and lighting. Added decorative touches throughout: space-saver barn door, kitchen and bathroom shelving, new wood staircase, wall headboard, and more! Don't miss all the storage with laundry cabinets, 2 car garage storage area, pull down attic stairs, and underneath staircase storage. Allergy prone buyers will LOVE the $1600 Air Scrubber Plus installed in this condo which continuously cleans, protects, and purifies the air throughout the home. Peaceful courtyard patio connects to great room. Cedar Cove is a quiet condo community with green space and scenic ponds conveniently located on the Southwest edge of Fishers. Easy access to Carmel, I69, 465, shopping and restaurants. Nature lovers, walkers, and biking enthusiasts will love being so close to Fishers newest White River Park featuring trails by the River, nearby Ritchey Woods Nature Preserve and an easy access to the recently finished Nickel Plate Trail. Condo building roof replaced in 2025, transferable water heater warranty. Achosa Buyer Home Warranty included. This is a rare ticket condo where the big ticket items are done- just move in and enjoy living!

5924 Highgate Circle E, Indianapolis

Listing courtesy of Laurie Tucco. Tucco Realty LLC
6047 Southbay Drive, Indianapolis
$177,000
2 Beds ⋅ 3 Baths
Step inside this thoughtfully updated residence and discover a layout designed for both style and functionality. Freshly installed luxury vinyl plank flooring runs throughout the main level, giving the home a modern, low-maintenance appeal. The kitchen has been thoughtfully refreshed with a brand new appliance set and a breakfast bar that opens into a light-filled dining and living area, creating a warm and inviting space for both daily living and entertaining. From the living room, step outside to enjoy your private fenced backyard with a patio-perfect for relaxing in the evenings, gardening, or hosting friends on summer nights. An updated half bath on the main floor adds convenience for guests and gatherings. Upstairs, you'll find two generous bedroom suites, each designed with comfort and privacy in mind. Both include large closets and full bathrooms, with one suite offering a sleek shower and the other a soaking tub, providing options for different preferences. The separation of the suites makes the home ideal for roommates, families, or hosting long-term guests. The condo also features a fully finished attached garage, offering not just secure parking but also additional storage space. With its thoughtful layout, move-in ready updates, and a location that puts you minutes from shopping, dining, parks, and is located with the HSE School district. This home is a rare combination of style, comfort, and everyday convenience.

6047 Southbay Drive, Indianapolis

Listing courtesy of Shamyl Tufail. eXp Realty, LLC
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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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