Wayne Homes under $200,000

Welcome to Wayne, Indiana—a charming gem nestled in the heart of the Midwest! Known for its friendly atmosphere and strong sense of community, Wayne offers a delightful blend of small-town charm and modern conveniences. With its picturesque parks, vibrant local businesses, and excellent schools, it’s no wonder that families and individuals alike are drawn to this inviting region.

One of the most appealing aspects of Wayne is its affordability. If you’re in the market for a new home, you’ll be pleased to know that there are numerous options available under $200,000. This makes Wayne an ideal destination for first-time homebuyers, young families, or anyone looking to invest in a property without breaking the bank. Picture cozy bungalows, spacious ranch-style homes, and charming two-story residences, all set against the backdrop of lush greenery and friendly neighborhoods.

Living in Wayne means enjoying a relaxed pace of life while still having easy access to the amenities you need. With nearby shopping centers, dining options, and recreational activities, there's always something to enjoy. Whether you’re strolling through the local farmers' market or spending a sunny afternoon at one of the area’s parks, you’ll find that Wayne is a place where community spirit thrives.

If you’re ready to discover your dream home in a welcoming community, Wayne, Indiana, is the perfect place to start. Explore the variety of affordable homes available and take the first step toward making this charming region your own!

Newest Wayne Homes under $200,000

$165,000

4 Beds ⋅ 2 Baths

Welcome home to this spacious 4-bedroom, 1.5-bath home offering plenty of room to spread out, both inside and out! Step inside to find a large living room, a dedicated dining room, and a spacious kitchen with plenty of room for everyday living and entertaining. The primary bedroom features its own private half bath for added convenience. The converted garage provides a dedicated laundry area and a versatile bonus room that's perfect for crafts, hobbies, a home office, or additional storage. Step outside and discover your own park-like backyard retreat! The spacious yard is surrounded by a privacy fence, offering plenty of room for entertaining, pets, gardening, or simply relaxing outdoors. With a creek running behind the property, you'll enjoy a peaceful natural backdrop that makes this backyard truly special. With four bedrooms, flexible living spaces, and a backyard you'll love, this home offers a wonderful combination of space, functionality, and outdoor enjoyment!

4906 W Troy Avenue, Indianapolis

Listing courtesy of Joseph Gray. HoosierWise Realty

$169,000

3 Beds ⋅ 2 Baths

Tucked away from the main road, this refreshed 3-bedroom, 2-full-bath home offers a great combination of privacy, convenience, and everyday functionality. Inside, you'll find **new windows, updated flooring, fresh paint, and modern fixtures throughout**, creating a bright, welcoming space that's ready to make your own. The practical, single-level layout provides comfortable living with flexibility to fit your needs. Outside, the home's setback from the street offers a more private setting, while ample off-street parking adds everyday convenience. Located on Indianapolis' west side, with easy access to downtown, major commuter routes, shopping, and dining. Whether you're a first-time buyer or simply looking for a comfortable place to call home, this property offers a lot to appreciate. Schedule your showing today!

1319 Groff Avenue, Indianapolis

Listing courtesy of Mark Simmons. eXp Realty, LLC

$155,000

3 Beds ⋅ 1 Baths

Look no further! This 3 bedroom, 1 bathroom home is located in Indianapolis's Eagledale neighborhood, just minutes away from several amenities, restaurants, easy interstate access and the Indianapolis Motor Speedway. This turnkey home boasts over 900 square feet and it offers a private backyard with a pre-existing concrete patio and storage shed. Enjoy recent updates including fresh paint, newer flooring, and a deep clean. Washer and dryer do convey with the home along with the kitchen appliances. This has the flexibility to be a strong rental candidate for investors or a starter home with room to build equity. Welcome home!

4545 Brittany Drive, Indianapolis

Listing courtesy of Logan Sanford. Real Broker, LLC

$200,000

4 Beds ⋅ 2 Baths

Charming Fixer-Upper with Exceptional Garage Space and Prime Location. Don't miss this fantastic opportunity to make this 4-bedroom, 2 full-bath home your own! Situated on a quiet cul-de-sac, this property offers plenty of space both inside and out, making it ideal for families, hobbyists, or anyone looking for room to grow. One of the home's standout features is its impressive garage capacity, including a 3-car detached garage plus a 1-car attached garage, providing ample space for vehicles, storage, a workshop, or recreational equipment. The nice-sized yard offers endless possibilities for outdoor entertaining, gardening, or creating your dream backyard retreat. This fixer-upper is priced with potential in mind and provides immediate possession, allowing you to move in and begin adding your personal touches right away. Enjoy the benefit of low utility costs and a convenient location with easy access to Avon, downtown Indianapolis, and the Indianapolis International Airport, making commuting and travel a breeze. Whether you're an investor, first-time buyer, or someone looking for a home with great bones and endless possibilities, this property is ready for its next chapter. Features Include: 4 Bedrooms, 2 Full Bathrooms, 3-Car Detached Garage, 1-Car Attached Garage, Nice-Sized Yard, Quiet Cul-de-Sac Location, Immediate Possession, Low Utility Costs, Easy Access to Avon, Downtown Indianapolis, and the Airport. Great Opportunity to Build Equity with Your Updates. Schedule your showing today and discover the potential this home has to offer!

9033 Caminito Court, Indianapolis

Listing courtesy of Kim West. CHOATE REALTY & Consulting

$125,000

2 Beds ⋅ 1 Baths

Welcome to your NEXT HOME! This is the PERFECT STARTER HOUSE or another one to add to your PORTFOLIO! As you walk in, the SCREENED IN FRONT PORCH is PERFECT FOR HANGING OUT or MORNING COFFEE. Inside, a VERY BIG LIVING ROOM awaits you. Go in further and you'll be AMAZED by ALL THE NATURAL SUNLIGHT! The bedrooms are split by a BEAUTIFUL BATHROOM. Downstairs, the basement is WIDE OPEN for possibilities. On the outside, a detached GARAGE is great for STORAGE or your vehicle. The entire lot goes PAST the garage and FENCE, up to the neighbors gravel driveway!!

1330 N Berwick Avenue, Indianapolis

Listing courtesy of Ali Rahimi. Trueblood Real Estate

$149,900

2 Beds ⋅ 1 Baths

Looking for a property with space, parking, and added flexibility? This unique opportunity features a 2-bedroom, 1-bath home with a partial basement, situated on a corner lot, plus an additional lot located at 804 S. Rybolt Avenue. Together, the two parcels comprise approximately 0.40 acres. One of the standout features is the recently remodeled, heated four-car garage, with space to accommodate up to four commercial vans.The oversized side driveway provides additional parking and convenient access. With two parcels, a corner-lot location, a spacious garage, and additional parking, this property offers exciting possibilities for investors, contractors, or buyers looking for extra space and versatility. Bring your vision and discover the potential this property has to offer!

802 S Rybolt Avenue, Indianapolis

Listing courtesy of Laura Medina. F.C. Tucker Company

$189,900

3 Beds ⋅ 1 Baths

Welcome to this beautiful, well-maintained home nestled in a peaceful neighborhood on the west side of Indianapolis. Offering a comfortable and inviting atmosphere, this property is perfect for those seeking a quiet place to call home while staying conveniently connected to the city. Enjoy easy access to I-465 and I-70, making commuting and traveling throughout Indianapolis a breeze. A wonderful opportunity to enjoy comfort, convenience, and a great location!

1025 S Roena, Indianapolis

Listing courtesy of Luis Coronel. Realty of America LLC

$94,900

2 Beds ⋅ 1 Baths

You'll love this--generous room sizes, a 4-year old HVAC system, close to downtown Indy and it's all at an affordable price! This great property opens into a spacious great room, and the dining room has plenty of room for hosting. The kitchen features gas cooking and lots of cabinet storage! The primary bedroom is large and has a double closet, and another bedroom has its own walk-in closet! Outside is a fully fenced backyard and shed for additional storage . Don't miss this opportunity to live affordably in a great location!

824 Corrill Street, Indianapolis

Listing courtesy of Andy Waggoner. Ferris Property Group

$150,000

2 Beds ⋅ 1 Baths

Imagine walking through the door of a home that finally feels like yours. This beautifully transformed 2-bedroom, 1-bath home on Indianapolis' west side offers more than fresh finishes-it offers an opportunity to put down roots and start building toward your future. Step inside to discover new luxury vinyl plank flooring, fresh paint, updated light fixtures, and thoughtful improvements throughout, creating a bright, welcoming space that's truly move-in ready. With a convenient location just minutes from Downtown Indianapolis, you'll enjoy easy access to work, dining, entertainment, and everything the city has to offer. Start creating a place of your own. Your next chapter could begin right here. Best of all, LAND CONTRACT FINANCING is available for the right buyer, with down payments as low as 5%, making homeownership more attainable than you may have thought.

1938 N Alton Avenue, Indianapolis

Listing courtesy of Jesus Flores. West & Main Real Estate

$120,000

3 Beds ⋅ 1 Baths

Home is occupied. Please do not go directly to home. Contact agent to coordinate a tour. Proof of funds will be required to tour.

1237 Waldemere Avenue, Indianapolis

Listing courtesy of Aaron Reel. Athena Real Est Services,LLC

$49,000

2 Beds ⋅ 1 Baths

Investor special with value-add potential! This two-story Richmond property is ready for its next chapter. Featuring vinyl siding, a fenced yard area, mature trees, and a flexible interior layout, the home offers plenty of opportunity for a rehabber, rental investor, or buyer looking for a renovation project. Property needs significant clean-out, repairs, and updating. Cash or renovation financing may be best.

1136 N I Street, Richmond

Listing courtesy of Brian Ingle. FC Tucker Richmond

$130,000

2 Beds ⋅ 1 Baths

Home is tenanted and occupied. Please do not go to the home. Agent must coordinate access. Must have proof of funds to tour.

4843 W Beecher Street, Indianapolis

Listing courtesy of Aaron Reel. Athena Real Est Services,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.