Monroe Homes under $200,000

Monroe Homes under $200,000

Welcome to Monroe, Indiana—an enchanting small town that beautifully blends the charm of rural living with the conveniences of modern life. Nestled in the heart of the Hoosier State, Monroe boasts a tight-knit community, picturesque landscapes, and a rich history that draws residents and visitors alike. With its friendly atmosphere and vibrant local culture, it's no wonder Monroe is a sought-after destination for families, retirees, and everyone in between.

One of the most appealing aspects of Monroe is the availability of affordable housing options. For those seeking a cozy abode without breaking the bank, you’ll be delighted to discover a variety of homes priced under $200,000. These charming properties offer an array of styles and sizes, from quaint cottages to spacious family homes, all set against the backdrop of Monroe’s stunning natural beauty. With such budget-friendly options, first-time homebuyers and investors alike can find the perfect place to call home.

Living in Monroe means enjoying a slower pace of life while still having access to essential amenities. The town features local shops, parks, and schools that foster a sense of community and belonging. Plus, with easy access to nearby cities, residents can enjoy the best of both worlds—serene country living and the excitement of urban adventures.

Whether you’re searching for your first home, a cozy retreat, or a smart investment opportunity, Monroe, Indiana, offers a welcoming community and affordable housing options that make it an ideal place to settle down. Come explore the possibilities and discover your dream home in this charming town!

Newest Monroe Homes under $200,000

411 N Spencer Drive, Alexandria
$95,000
2 Beds ⋅ 1 Baths
Discover the potential at 411 Spencer Dr great opportunity for investor or homeowner. Home has 2 bedrooms, combined kitchen and dining area, living room and utility room. Large 2 car detached garage, shed for storage. In the last 10 years there has been newer furnace, hot water heater, all plumbing with new pex water lines. 2 PVC cleanouts. New water line to main. House has covered front porch to enjoy your evenings on.

411 N Spencer Drive, Alexandria

Listing courtesy of Julayne Myers. Dyer Real Estate
205 W 11th Street, Alexandria
$199,900
4 Beds ⋅ 2 Baths
Spacious 4-Bedroom Brick Ranch with Lots of Potential! Bring your vision and make this 4-bedroom, 2-bath brick ranch your own! This home offers a spacious living room with a fireplace, an updated kitchen, and a nice-sized family room featuring a unique brick floor. The primary bedroom includes a private bathroom with both a bathtub and a separate shower stall. Outside, enjoy the nice backyard with a large deck, perfect for relaxing or entertaining, along with a storage shed for extra space. Conveniently located directly across from the school, this home offers plenty of room and potential to make it your own. Some updating is needed, providing an opportunity to add your personal touch and build equity. Home is being sold AS-IS. Don't miss the opportunity to explore the possibilities!

205 W 11th Street, Alexandria

Listing courtesy of Tina Robbins. RE/MAX Real Estate Solutions
402 E Jackson Street, Farmland
$179,500
4 Beds ⋅ 2 Baths
Come on over and take a look! Move-in ready and possession at closing. This home hasn't been offered for sale in 19 years, and the updates and improvements are worth a look. Enjoy small-town living, open fields, and a backyard shaded by mature trees. Enjoy lots of privacy and a great neighborhood. This home offers 4 bedrooms, 2 updated baths, and a beautiful kitchen with all the appliances. The refrigerator is new. A bright sunroom adds a great place to relax and enjoy your day. Newer double-pane windows, fresh paint, and new luxury vinyl plank in the kitchen and both baths. The finished 2-car attached garage has lots of cabinets, another refrigerator, and attic access.

402 E Jackson Street, Farmland

Listing courtesy of Sandra Bridges. Berkshire Hathaway Home
515 S Harrison Street, Alexandria
$184,500
3 Beds ⋅ 2 Baths
Welcome to this beautifully updated home situated on two spacious lots, offering plenty of yard space for outdoor enjoyment, entertaining, gardening, or simply relaxing. Inside, you'll be greeted by a large, open-concept living area featuring updated vinyl plank flooring and new carpeting throughout each bedroom. The completely updated kitchen offers all-new cabinetry, white tile backsplash, and all new appliances, creating a fresh and inviting space for everyday living and entertaining. The home features two updated bathrooms, including one with a stylish tiled shower. A convenient mudroom with laundry hookups adds functionality and storage space. The spacious primary bedroom offers plenty of room to relax and features built-in closets for added storage. Upstairs, you'll find additional landing space that could easily be utilized as a home office, study area, or flex space, along with two generously sized bedrooms featuring built-in closets. Additional updates include a new roof, new vinyl siding, updated electrical, updated windows throughout, updated flooring, and updated kitchen, giving this home a fresh, modern feel while providing peace of mind for its next owner. With two lots, a large yard, multiple spacious bedrooms, and numerous updates throughout, this home offers a wonderful combination of space, and comfort! Come see all this home has to offer - schedule your showing today!

515 S Harrison Street, Alexandria

Listing courtesy of Bradley Miller. RE/MAX Real Estate Solutions
5816 N County Road 175 Road E, Greencastle
$195,000
3 Beds ⋅ 2 Baths
Back on the market at no fault of the seller. Previous buyer did not complete inspections. Enjoy a peaceful, wooded setting with a Greencastle address, approximately one mile from Bainbridge. Set back from the road on 1.36 acres, this 2000 Clayton manufactured home features 3 bedrooms, 2 full bathrooms, and just under 1,300 square feet with a flowing floor plan and comfortable living spaces. The primary bedroom includes an en-suite bathroom and walk-in closet. Outside, enjoy front and back decks, a broad lawn, mature trees, and two mini sheds for extra storage. Additional features include a metal roof, perimeter drain, a 156-foot-deep well, and three new windows. Low property taxes add to the appeal! Whether you're looking for a place to call home or an investment opportunity, a little cleanup and a few personal touches could breathe fresh life into this property. With room to make it your own, it's ready for its next chapter - and someone to love it! Schedule your showing today.

5816 N County Road 175 Road E, Greencastle

Listing courtesy of Chloey George. The Stewart Home Group
31 S Superior Street, Orestes
$159,900
3 Beds ⋅ 2 Baths
Charming corner-lot home in Orestes with a fully renovated interior, so you can move in and start living without a to-do list. This 3-bedroom, 1.5-bath home offers 1,067 sq ft with all-new systems and finishes. New LVP flooring in the main living areas is ready for whatever gets tracked in, spilled, or dropped, and new carpet keeps all three bedrooms soft underfoot. New recessed lighting and ceiling fans brighten every room and keep air moving year-round. The kitchen has all-new hickory cabinets and countertops, with warm wood tones and plenty of storage. Both bathrooms feature brand-new vanities and toilets, while the convenient half bath eases the morning rush. Newly installed PEX plumbing throughout the home offers added reliability and peace of mind. Out back, a new deck overlooks the yard, a good spot for morning coffee or evening grilling, and the shed holds the mower and tools. Two additional lots along the alley out back come with the sale, giving you room for raised-bed gardens, a second shed, or a future garage. Alexandria Community Schools. Appliances stay. Schedule your showing today.

31 S Superior Street, Orestes

Listing courtesy of Kevin Majeski. eXp Realty, LLC
407 Country Lake Road, Underwood
$135,000
3 Beds ⋅ 2 Baths
Come check out this 3 bed/2 bath home on 2.9+/- Acres in Underwood, IN! This home offers some privacy w/a large front yard, a large back covered patio and a large pole barn garage! The pole barn offers an enclosed work shop room or you can use it for additional storage space!!! Sold As Is - "AS IS" Addendum to the Purchase Agreement is required with ALL offers!

407 Country Lake Road, Underwood

Listing courtesy of Jennifer Jordan. Lighthouse Realty Group, Inc
311 N Edgeway Drive, Alexandria
$185,900
3 Beds ⋅ 2 Baths
SELLER OFFERING $3,500 IN CONCESSIONS! Buyer may use toward allowable closing costs, prepaid expenses, or other approved costs, subject to lender approval. Discover the inviting charm of 311 N Edgeway DR in ALEXANDRIA, IN. Built in 1957, this 1493 square foot single-family residence is a ready-to-move-in home, offering a comfortable and established living experience. This appealing ranch-style home features three well-proportioned bedrooms. With two full bathrooms, the home provides ample convenience for daily routines. The attached garage adds to the functionality, offering sheltered parking and additional storage space. Situated on a generous size lot, there is ample room for outdoor enjoyment and potential. To truly appreciate the thoughtful design and comfortable living offered by this property, we invite you to schedule a private viewing.

311 N Edgeway Drive, Alexandria

Listing courtesy of Jonathan Ash. Arc Realty
109 N Washington Street, Bainbridge
$105,000
3 Beds ⋅ 1 Baths
Country Charmer in the heart of Bainbridge! This 3 bedroom, 1 bath home has a delightful 2,112 spacious square footage for all your growing needs. Convenient layout with the kitchen, large living room and formal dining room for an easy entertaining flow. Laundry/Bedroom on the main level can be easy converted to basement area. Two bedrooms upstairs, both with double closets. Loft area is great for an office/reading room. Ample storage space in the full unfinished basement. And let's not forget the covered front and back porches, the perfect stage for sipping lemonade, greeting neighbors, or perhaps adding a swing. Don't miss your chance to discover the charm of this Bainbridge beauty!

109 N Washington Street, Bainbridge

Listing courtesy of Aubrey Walters. eXp Realty, LLC
1010 N Harrison Street, Alexandria
$140,000
3 Beds ⋅ 2 Baths
3 Bedrooms 1.5 Bathrooms home located in Alexandria. Home has new Roof, Siding, Back Porch in 2023. Large 2 Car Garage. Close to shopping and restrauants.

1010 N Harrison Street, Alexandria

Listing courtesy of Tamra Gooding. Dyer Real Estate
302 W Van Buren Street, Alexandria
$134,900
2 Beds ⋅ 1 Baths
Welcome to this charming 2-bedroom, 1-bath home in Alexandria! This move-in-ready property features an updated bathroom, new flooring, and fresh paint throughout, creating a clean and inviting interior. Major updates include a furnace installed in 2018 and a water heater installed in 2021. With its comfortable layout and recent updates, this home is a great opportunity for a first-time buyer, downsizer, or investor. Don't miss the chance to make this well-maintained home your own!

302 W Van Buren Street, Alexandria

Listing courtesy of Katie Blossom. RE/MAX Real Estate Solutions
208 W Filmore Street, Alexandria
$165,000
3 Beds ⋅ 1 Baths
Step inside this well maintained home 3 bedrooms with a loft upstairs would be great for a home office or just additional space. The kitchen has been completely remodeled with new cabinets new flooring and new paint. Nice large living room with new flooring and new paint. All appliances to stay plus washer and dryer . Large 2 car detached garage . New 8 foot wood fence enclosing the side yard leading to the garage. Step inside and make this your new home.

208 W Filmore Street, Alexandria

Listing courtesy of Julayne Myers. Dyer Real Estate
Start Your Search

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.


How much is your home worth?

Get instant property value now!