Wayne Homes under $200,000

Wayne Homes under $200,000

Welcome to Wayne, Indiana – a hidden gem in the heart of the Midwest! Nestled in the picturesque landscape of Indiana, Wayne offers a charming small-town atmosphere combined with the vibrancy of community life. Known for its friendly residents and rich history, this delightful region is perfect for families, retirees, and everyone in between.

One of the most appealing aspects of Wayne is its affordability in the real estate market. For those seeking their dream home without breaking the bank, you'll be pleased to discover a variety of homes available for under $200,000. Whether you’re a first-time buyer or looking to downsize, you’ll find a range of options that cater to diverse tastes and needs. From cozy single-family homes with spacious yards to charming bungalows that exude character, Wayne has something for everyone.

The community is not only affordable but also offers a wealth of amenities. Residents can enjoy local parks, recreational activities, and a variety of dining options that showcase the best of Indiana cuisine. With excellent schools and a strong sense of community, Wayne is an ideal place to settle down and create lasting memories.

If you’re considering a move to Wayne, Indiana, you’ll find a welcoming environment and a thriving real estate market that makes homeownership a reality. Explore the possibilities today and discover why so many are choosing to call Wayne their home sweet home!

Newest Wayne Homes under $200,000

732 Ingomar Street, Indianapolis
$99,900
1 Beds ⋅ 1 Baths
Why Pay Rent When You Can Own? Adorable Home Perfect for a Single or Couple***Gas Range/Oven & Refrigerator Remain** Separate Dining Room and Super Deck Overlooking the Fully Fenced Yard** Oversized 280 Square Foot Detached Garage Has Alley Access**The Large Entry Area is Roomy Enough for a Twin Bed*Quiet Street, LOW Property Taxes and Convenient Location Close to Major Roads and Shopping**Ben Davis Schools**

732 Ingomar Street, Indianapolis

Listing courtesy of Mary Lou Gordon. REMAX ONE
5122 W 12th Street, Indianapolis
$175,000
3 Beds ⋅ 1 Baths
Rev your engines and race to buy this Speedway gem! Location is everything on this one. Minutes from Indianapolis Motor Speedway, 10th street, Allison Transmission, Mug-n-bun and literally on B&O trail! this 3 bed 1 bath home is ready for your personal touches and already offers a fully renovated kitchen! A generous sized living room and huge fenced backyard offers you plenty of room to relax. Start your day by walking out the back door and hop on B&O trail for a quick stroll to kickstart your perfect morning! This home also offers lots of investment opportunities. Schedule your showing today!

5122 W 12th Street, Indianapolis

Listing courtesy of Garrett VaLeu. Better Homes and Gardens Real Estate Gold Key
2438 N Goodlet Avenue, Indianapolis
$189,999
3 Beds ⋅ 2 Baths
Fully remodeled and move-in ready on Indianapolis' west side! This 3-bedroom, 2-bath home has been transformed from top to bottom - brand-new LVP flooring throughout, fresh paint, and a beautifully updated kitchen that's the heart of the home. Every detail has been touched, so all you need to do is show up and settle in. Light-filled rooms, modern finishes, and a layout that just works - whether you're a first-time buyer planting roots or looking for a turnkey property in a growing part of the city. Solid bones, stunning updates, and a price point that opens the door. Available on land contract financing only!!!! Very competitive down payment options available - reach out for more details! Opportunity like this doesn't sit long on the west side. Schedule your showing today.

2438 N Goodlet Avenue, Indianapolis

Listing courtesy of Jesus Flores. West & Main Real Estate
1049 S Pershing Avenue, Indianapolis
$125,000
2 Beds ⋅ 2 Baths
This is the garage you've always wanted - and comes with a house. The house is 2 bedrooms, 2 baths, newer laminate flooring & carpet. The garage is 720 Square Feet, Gas Heater, 10 Ceiling Fans, Pull Down attic - workshop, hang-out, storage... You name it, there's room for it! Second bath was functional, but hasn't been used for years. Walking distance to Rhodius Park.

1049 S Pershing Avenue, Indianapolis

Listing courtesy of Steven Kass. Carpenter, REALTORS®
839 Waldemere Avenue, Indianapolis
$179,990
2 Beds ⋅ 1 Baths
Best lot in the neighborhood! Come check out this recently updated bungalow with a great fenced in backyard and two garages. Updated kitchen, floors and bathroom along with a vaulted ceiling and covered patio. Perfect starter home or a great property for someone who needs a workshop or storage for all their hobbies. Easy traveling as it's close to 465. Come check it out!

839 Waldemere Avenue, Indianapolis

Listing courtesy of Payton Mills. F.C. Tucker Company
647 S Taft Avenue, Indianapolis
$165,000
3 Beds ⋅ 2 Baths
Welcome home to 647 S. Taft! This updated 3-bedroom, 2-full-bath home offers easy access to downtown Indianapolis while giving you room to breathe on a fenced corner lot. Maintenance-free siding means more time enjoying your weekends and less time on upkeep. Step out back to a nice deck that's ready for morning coffee or evening cookouts, plus a storage shed for tools, bikes, and seasonal items. Restaurants, shopping, and the city bus line are all close by. A great fit for an owner-occupant or investor. Investors welcome! Schedule your showing today.

647 S Taft Avenue, Indianapolis

Listing courtesy of Angela Newberry. Weichert REALTORS® Cooper Group Indy
3525 Georgetown Road, Indianapolis
$155,000
3 Beds ⋅ 2 Baths
A Home Full of Potential in the Heart of Indianapolis' West Side! This 3-bedroom, 1.5-bath home offers a great opportunity to make a space your own, with plenty of potential to add your personal touch. Conveniently located on the west side of Indianapolis near the iconic Indianapolis Motor Speedway, this property offers a desirable location close to local amenities, shopping, dining, and major roadways. Enjoy outdoor living on the deck overlooking the fenced-in backyard, perfect for relaxing, entertaining, or enjoying time outdoors. The property also features two mini barns for extra storage, a carport, and a driveway with parking space for up to three vehicles. For added convenience, the washer and dryer are included. Whether you're looking for your next home or an opportunity to bring your vision to life, this property is full of possibilities and ready for its next chapter!

3525 Georgetown Road, Indianapolis

Listing courtesy of Mark Lopez. F.C. Tucker Company
18 Rebecca Drive, Indianapolis
$129,000
2 Beds ⋅ 1 Baths
Looking for your next investment or a property you can make your own? This 2-bedroom, 1-bath home offers 820 square feet of single-level living with potential for an investor or owner-occupant ready to take on a project. Built in 1940, the home features vinyl siding, wood windows, and a 1-car detached garage. The full-block foundation includes an unfinished area that may offer additional storage space. Conveniently located near Garden City Elementary School, local shopping, and Krannert Park, which offers recreational facilities, walking trails, and outdoor activities. Whether you're considering a renovation project, rental property, or personal residence, this home is ready for your ideas. The property is being sold as-is, and the seller will make no repairs. Buyers should conduct their own due diligence regarding the home's condition and septic system.

18 Rebecca Drive, Indianapolis

Listing courtesy of Terry Young. Red Bridge Real Estate
2005 N Somerset Avenue, Indianapolis
$155,000
3 Beds ⋅ 1 Baths
Welcome to this charming 3-bedroom, 1-bathroom bungalow offering 1,260 square feet of comfortable living space! Step inside to a large, welcoming living room that is perfect for relaxing or entertaining guests. The home features a fully fenced in yard and built-in cabinetry in the second bedroom that provides both vintage charm and excellent storage space. Outside, you will find a spacious 2-car detached garage, ideal for vehicle parking, a workshop, or additional storage. Best of all, this home is situated in a prime location just 1.5 miles from the iconic Indianapolis Motor Speedway, making it an incredible opportunity for racing fans or a fantastic option for a short-term rental investment. Whether you are looking for your next primary residence or a smart investment property near the heart of Speedway action, this home is full of potential. Schedule your private showing today!

2005 N Somerset Avenue, Indianapolis

Listing courtesy of Lindsey Winkhart. RE/MAX Advanced Realty
3516 Ramsey Avenue, Fort Wayne
$165,000
3 Beds ⋅ 2 Baths
Opportunity knocks at 3516 Ramsey Ave in Fort Wayne! Priced at $165,000, this 3-bedroom, 1.5-bath home is packed with potential for investors, renovators, or buyers looking to build equity and make a home their own. Multiple big-ticket updates are already completed, with new windows, siding, sump pump, and an exterior door. Additional updates include a 2025 water heater and 2024 furnace. All utilities are on, giving you a head start on your renovation plans. Looking to add value? There's potential to expand the existing layout with an additional bedroom and bathroom, creating even more possibilities for the next owner. Inside, bring your vision to life with fresh paint, finishing touches, and your own design choices. Whether you're growing your investment portfolio or searching for your next renovation project, this is your chance to turn potential into profit. Don't miss out on the possibilities at 3516 Ramsey Ave!

3516 Ramsey Avenue, Fort Wayne

Listing courtesy of Michael Nauman. RE/MAX Advanced Realty
17 W Brown Street, Knightstown
$135,000
2 Beds ⋅ 2 Baths
Welcome to 17 W Brown ST in Knightstown, IN, where charm meets character in this delightful 1900 single-family residence. Spanning 900 square feet of thoughtfully arranged living space, this bungalow is entirely ready for you to move in and start your next chapter. It is the kind of home that greets you with a wink and a smile, offering a timeless aesthetic that feels fresh, inviting, and wonderfully manageable. The interior layout features two cozy bedrooms, providing the perfect canvas for your personal touch. Whether you are creating a restful sanctuary or a productive home office, these spaces adapt to your unique lifestyle. For your daily routines, the home includes one full bathroom and a convenient half bathroom. These facilities are designed to keep your mornings running smoothly while offering practical comfort for both residents and guests. Outside, the property maximizes its 2,309-square-foot lot with lifestyle-friendly amenities. You can enjoy quiet mornings or breezy evenings on the classic porch, a hallmark of the bungalow style that invites you to slow down and take in the neighborhood. For those who prioritize convenience, the attached carport provides easy protection for your vehicle, ensuring you are ready to head out at a moment's notice regardless of the weather. Schedule your visit today to see how this charming 1900 bungalow can perfectly fit your lifestyle.

17 W Brown Street, Knightstown

Listing courtesy of April Trusley. Highgarden Real Estate
7905 Hunters Path, Indianapolis
$144,900
2 Beds ⋅ 2 Baths
Welcome home to a place where comfort, style, and simplicity come together. Nestled in the sought-after Fox Ridge community, this beautifully maintained, move-in ready condo offers a lifestyle designed for easy living and lasting enjoyment. Step inside and be greeted by soaring ceilings, abundant natural light, and a warm, inviting fireplace that creates the perfect backdrop for everyday living. The loft-inspired layout adds character and charm, while the private upstairs loft offers endless possibilities-whether you envision a home office, guest retreat, creative studio, or quiet reading nook. A spacious primary bedroom and attached garage provide the comfort and convenience you deserve. Outside, thoughtfully designed landscaping enhances the home's curb appeal, with decorative brick edging framing colorful flower beds and creating a polished, welcoming setting. The brick-paver patio invites peaceful mornings with coffee, relaxing afternoons in the sunshine, and evenings spent enjoying the beauty of the outdoors. Best of all, the HOA handles exterior maintenance, lawn care, and snow removal, freeing you to spend more time doing what you love. Whether you're looking to downsize, travel with ease, or simply embrace a more carefree lifestyle, this Fox Ridge gem is ready to inspire your next chapter.

7905 Hunters Path, Indianapolis

Listing courtesy of Samantha Springston. Carpenter, REALTORS®
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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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