Lawrence Homes under $200,000

Lawrence Homes under $200,000

Welcome to Lawrence, Indiana, a charming community nestled within the vibrant city of Indianapolis in Marion County. Known for its friendly neighborhoods and a rich tapestry of local culture, Lawrence offers a perfect blend of suburban tranquility and urban convenience. With easy access to downtown Indianapolis and a variety of parks and recreational facilities, it’s an ideal place for families, young professionals, and retirees alike.

One of the most appealing aspects of Lawrence is the affordability of its real estate market. For those seeking homes under $200,000, you’ll find a delightful array of options that cater to diverse lifestyles and preferences. From cozy single-family homes to inviting townhouses, Lawrence provides an excellent opportunity for first-time homebuyers and investors looking to make a smart purchase.

Imagine settling into a charming home with a spacious backyard, perfect for summer barbecues and family gatherings. With many properties featuring modern updates and classic designs, you can find a place that feels just right for you without breaking the bank.

In addition to its affordable housing, Lawrence boasts excellent schools, a strong sense of community, and various local amenities, including shopping centers, restaurants, and entertainment options. Whether you’re strolling through one of the scenic parks or enjoying a day out at the local farmers’ market, Lawrence is a place where you can truly feel at home.

Explore your options in this vibrant community, and discover why Lawrence, Indiana, is the perfect place to call home!

Newest Lawrence Homes under $200,000

4863 N Katherine Drive, Indianapolis
$185,000
3 Beds ⋅ 2 Baths
** Seller willing to contribute towards Buyers closing costs!** Welcome home to this beautifully updated 3-bedroom, 1.5-bath home offering a fresh, move-in-ready feel throughout. Thoughtful improvements make this property a great option for a first-time buyer, downsizer, or anyone looking for a home where much of the updating has already been done. Inside, you'll find fresh paint, new flooring, and updated kitchen cabinetry that give the home a clean and refreshed look. The bathrooms have also been improved with a new vanity, adding to the modern feel of the space. Major updates include a new AC/HVAC system and a new garage door, offering added peace of mind for the next owner. ** To make the opportunity even better, the seller is offering $2,000 toward the buyer's closing costs! ** With its manageable layout, numerous updates, and valuable seller incentive, this home is ready for its next chapter. Schedule your showing and come see everything it has to offer!

4863 N Katherine Drive, Indianapolis

Listing courtesy of 1 Percent Lists Indiana Real Estate.

6750 E 52nd Street, Indianapolis
$159,900
3 Beds ⋅ 2 Baths
Welcome to this well-maintained 3-bedroom, 1.5-bath ranch in the established Brookhaven neighborhood of Lawrence Township. Offering approximately 1,248 square feet of comfortable one-level living, this move-in-ready home features a functional floor plan with a welcoming living room, bright eat-in kitchen and dedicated laundry/utility area. Just off the kitchen, an impressive family/bonus room provides a generous second living space with plenty of flexibility for relaxing, entertaining, a recreation area or everyday gatherings. The home has been nicely cared for over the years and is ready to enjoy while still offering opportunities for a new owner to add their own personal style and updates. Outside, a large, covered carport provides convenient protected parking, while the fenced backyard offers plenty of room for entertaining, gardening and other outdoor activities. A good-sized storage shed provides additional space for lawn equipment and seasonal items. Conveniently located near Fort Harrison State Park and area amenities, with easy access to shopping, dining, Indianapolis, Fishers and major highways, this Brookhaven ranch is ready to welcome it's next owner.

6750 E 52nd Street, Indianapolis

Listing courtesy of Coldwell Banker - Kaiser.

3915 Arborcrest Drive, Indianapolis
$150,000
3 Beds ⋅ 1 Baths
Convenient East Side location! This 3BR, 1BA stone front ranch offers 2 living spaces, with formal living room and HUGE 23x19 family room at the rear of the home with direct access to the patio and backyard. Galley kitchen with appliances included, breakfast room between living room and family room, perfect for holiday entertaining. Laundry room with washer & dryer provided. Nice sized bedrooms with overhead lighting installed. Bathroom has been updated with ADA roll in shower stall. Nice sized backyard with storage shed. Cosmetics needed here, but so much potential. Lots of SQFT for the price!

3915 Arborcrest Drive, Indianapolis

Listing courtesy of Keller Williams Indy Metro Partners.

5503 Vin Rose, Indianapolis
$179,000
2 Beds ⋅ 2 Baths
Tucked into the desirable Arbors community, 5503 Vin Rose Ln is a well-cared-for 2-bedroom, 2-bath condo that's ready for its next chapter. From the moment you step inside, it's clear this home has been loved and maintained, with the kind of pride of ownership that's hard to find. The two-bedroom, two-bath layout gives you flexibility to live the way you want: a private primary retreat, a second bedroom perfect for guests, a home office, or a hobby space, and two full baths that make everyday routines easy. Whether you're downsizing, buying your first home, this floor plan works really well! Step outside and enjoy the community pool or your private patio with no exterior upkeep, no yard cleaning, and no hassle. Condo living means more time for what matters. Live where the trails, the golf course, and the neighborhood pub are all minutes away. The Arbors sits in the heart of the Fort Ben area, right by Fort Harrison State Park, with 1,700 acres of hiking, biking, and horseback trails and the Pete Dye-designed Fort Golf Course. Grab a bite at Fort Ben Pub or La Hacienda, catch the Ben Farmers Market, or enjoy community events at the Fort Ben Cultural Campus. Downtown Indianapolis is about 15 minutes away. Move-in ready. Well maintained. Easy living. Other features include NEW carpet 2025, NEW kitchen flooring 2025, NEW water heater 2026, and a Frejie water conditioning system. Schedule your private showing today.

5503 Vin Rose, Indianapolis

Listing courtesy of F.C. Tucker Company.

5345 Moonlight Drive, Indianapolis
$200,000
3 Beds ⋅ 2 Baths
Welcome to 5345 Moonlight Drive! This brick ranch offers 3 bedrooms, 1 full bath, 1 half bath, and 11 total rooms with plenty of space to spread out. The main level features hardwood flooring, a spacious living room, kitchen, great room, and wood burning fireplace. The finished basement provides additional living space with a family room, great room, and bonus room. Outside, you'll find a fully fenced yard, mini barn, and 2 car garage on a spacious lot.

5345 Moonlight Drive, Indianapolis

Listing courtesy of F.C. Tucker Company.

6381 Village Oak Court, Indianapolis
$199,900
2 Beds ⋅ 2 Baths
For more information please reach out to the listing agent directly if you are not currently represented by an agent-READY TO SIMPLIFY WITHOUT SACRIFICING THE SPACE & FEATURES YOU LOVE? Tucked into a quiet CUL-DE-SAC in Oak Park Village, this 2-bedroom, 2-full-bath home offers easy ONE-LEVEL LIVING in a 55+ community with an exceptionally LARGE YARD for the neighborhood-Step inside to a bright great room where a vaulted ceiling creates an open feel & a gas fireplace provides a beautiful focal point-LVP flooring installed within the last year flows throughout the home-The kitchen offers real-wood cabinetry, pantry, abundant storage & stainless appliances with the exception of the dishwasher-One of the home's BEST surprises is the 4-SEASON SUNROOM, surrounded by windows & perfect for morning coffee, meals, reading or simply enjoying the view-The primary suite includes its own private bathroom with a walk-in shower, tile flooring, linen storage & a large closet-A 2nd bedroom & full bathroom provide flexibility for guests, hobbies or an office-Step outside to a 10x10 patio overlooking a LARGE, FLAT YARD that gives this home an outdoor-space advantage that's hard to find in the community-The attached 1-car garage offers impressive additional storage & a garage door opener replaced in 2025-A 2023 roof & 2025 heat pump add valuable recent improvements-Outside the neighborhood, enjoy convenient access to GEIST, shopping, dining & 1,700-acre FORT HARRISON STATE PARK with trails, fishing, Fall Creek, golf & year-round recreation-CUL-DE-SAC LIVING, ONE LEVEL, A 4-SEASON SUNROOM & ROOM TO BREATHE OUTSIDE-THIS ONE DESERVES A LOOK!

6381 Village Oak Court, Indianapolis

Listing courtesy of Keller Williams Indy Metro NE.

5332 E 41st Street, Indianapolis
$129,500
3 Beds ⋅ 2 Baths
Looking for an opportunity to own a home in the Lawrence Township area while building equity? This inviting 3-bedroom, 1.5-bath ranch offers a great combination of comfortable living, and the opportunity to make improvements that add your own style while increasing the home's value. This investment opportunity is waiting for you! Step inside to find beautiful hardwood floors, The full basement provides valuable additional space, and plenty of possibilities for storage, recreation, or future finishing. Just off the main living area, a covered porch overlooks the generous backyard. Whether you're searching for a place to call home or an investment opportunity to buy in the area. Bring your ideas, add your personal touches, and turn this house into your next HOME!

5332 E 41st Street, Indianapolis

Listing courtesy of Polaris Realty Group.

7644 Vintage Circle, Indianapolis
$195,000
2 Beds ⋅ 2 Baths
For more information please reach out to the listing agent directly if you are not currently represented by an agent.Absolutely. We'll distinguish the **yard** from the **private fenced patio** and not imply the entire yard is fenced. CONDO LIVING WITHOUT THE SHARED WALLS! Welcome to 7644 Vintage Cir, a completely renovated DETACHED condo offering a rare combination of privacy, low-maintenance living & community amenities-Step inside to a fresh, move-in-ready interior with LVP flooring throughout, a bright neutral palette & plenty of natural light-The renovated kitchen features white cabinetry, butcher block countertops, an updated faucet & stainless steel appliances-The OWNER'S SUITE is one of the standout features, offering its own private bathroom with a beautifully tiled shower-The updated hall bathroom features a bathtub with tiled surround, giving you the convenience of both a walk-in shower & tub-Outside, enjoy your own yard, PRIVATE FENCED PATIO & private driveway parking with the freedom of a detached home & NO SHARED WALLS-Spend summer days at the COMMUNITY POOL without having to maintain one yourself-The lifestyle continues beyond the neighborhood with 1,700-acre Fort Harrison State Park offering trails, fishing, Fall Creek, a dog park & year-round recreation-The Fort Ben area adds golf, restaurants, farmers market, arts, live entertainment & community events, with shopping, dining & I-465 conveniently accessible-If you want the ease of condo living without giving up privacy, outdoor space or the feeling of having a home of your own, COME SEE WHY THIS ISN'T YOUR TYPICAL CONDO!

7644 Vintage Circle, Indianapolis

Listing courtesy of Keller Williams Indy Metro NE.

5303 Traditions Drive, Indianapolis
$80,000
2 Beds ⋅ 1 Baths
INVESTOR ALERT!! Welcome to 5303 Traditions Dr, an affordable ranch in the Traditions neighborhood of Lawrence Township on Indianapolis' northeast side. Tucked along a loop-style street with minimal through traffic, this 2-bedroom, 1-bath home offers 884 sq ft of living space on a flat .11-acre lot. Inside, cathedral ceilings and skylights create a bright, open feel, while the partially open kitchen connects nicely with the main living area. Built in 1992, the home has been used as a rental and is ready for its next chapter. Some cosmetic updating, primarily paint and carpet, would go a long way toward making it shine. Outside, you'll find a concrete parking pad for convenient off-street parking plus a storage shed. The home is vacant, making it a great option for either an owner-occupant looking to build equity or an investor seeking their next rental (possible BRRRR strategy!). Estimated market rent is approximately $1,100-$1,200/month, putting the property above the coveted 1% rule even after accounting for updates. Conveniently located just off Pendleton Pike with abundant shopping, dining, and everyday conveniences nearby, plus Fort Harrison State Park just minutes away. Property is sold as-is and is priced accordingly!

5303 Traditions Drive, Indianapolis

Listing courtesy of Keller Williams Indpls Metro N.

8141 Patton Drive, Indianapolis
$174,900
2 Beds ⋅ 1 Baths
Come tour one of the most updated and attractive bungalow's in Lawrence! Completely updated 2 bdrm, 1 bath charmer. New kitchen includes white cedar shake cabinets, stainless steel appliances & SS sink w/ faucet, countertops and garbage disposal. New laminated hardwood flooring throughout and fresh interior and exterior paint. New bathroom includes toilet, vanity, bath/tub combo, faucets and handles. All new lighting. New exterior doors & garage door. Stacked washer & dryer in hallway closet. Spacious 1 car garage with opener and service door. New black gutters & downspouts on both house & garage. Large mini barn for extra storage. Concrete driveway & patio. Come see and get ready to move!

8141 Patton Drive, Indianapolis

Listing courtesy of Lawyers Realty, LLC.

3944 Kivet Court, Indianapolis
$175,000
4 Beds ⋅ 2 Baths
Discover a delightful single-family residence at 3944 Kivet CT, INDIANAPOLIS, IN, built in 1967. Spanning 1176 square feet, this charming one-story home offers a comfortable and expansive living experience, situated on a generous 12110 square foot lot. This residence provides four well-proportioned bedrooms, offering versatile spaces for rest, work, or creative pursuits. The home also includes one full bathroom and one half bathroom, thoughtfully designed for convenience and privacy. With its comfortable living area and substantial lot, this property presents a unique opportunity to embrace a vibrant lifestyle. Some cosmetic updating is needed but we invite you to explore the possibilities this INDIANAPOLIS home holds. The Home is being sold "AS-IS."

3944 Kivet Court, Indianapolis

Listing courtesy of KRB Real Estate Professionals.

4517 N Hartman Drive, Indianapolis
$128,000
3 Beds ⋅ 1 Baths
Perfect affordable home in Lawrence Township! The interior layout is open with spacious living, kitchen and family rooms. Freshly painted throughout with new flooring in the primary bedroom, plus new interior doors and fixtures. The kitchen features new counters, garbage disposal, and electric stove included. Brand new tub surround in the bathroom too. This home is move-in ready! The house sits on a lot with mature trees on a block of Hartman Dr that is not a thru-street and has low passing traffic. Back yard is fully fenced and includes a stone fire pit, open patio and fenced garden plot. Great location close to shopping and Lawrence Central schools. Check it out!

4517 N Hartman Drive, Indianapolis

Listing courtesy of JRB Group.

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