5 Homes Under $500K on the Indiana Market

Unlock the door to affordability without compromising on luxury with our top 5 Indiana homes. All under $500K, these properties blend cost-effectiveness with the comforts of modern living. Check them out below to discover more.

252 Prairie St | $260,000

252 Prairie St, Lowell, IN
Listing agent: Dennis Keithley

Bi-level 3-bedroom home in an established neighborhood in the center of Lowell. Enter ceramic tiled foyer, then to the gathering room on your left. Lower level also has a room formerly used as an office with storage area. Down the hall on the way to the 1-car garage is a full bath near the utility area featuring a high efficiency furnace, washer and dryer.

 

Size: 1,680 sf

 

Price: $260,000

 

Listing details: Upstairs the living room faces west. There are 3 carpeted bedrooms on this level as well as a whole house attic fan and a full bath. The eat in kitchen while dated is fully convenient with gas range, refrigerator and microwave. The kitchen door opens to the private back yard. Seller is providing a whole house warranty covering basic mechanicals, including the central air conditioning.

 

Contact: Dennis Keithley, McColly Real Estate, +1 219.794.4672

328 Hillcrest Dr | $340,000

328 Hillcrest Dr, Madison, IN
Listing agent: Sarah Hollihan

Come be amazed with this spacious, one of a kind, stone home featuring 4 large bedrooms, 2.5 baths over a full basement on an over sized lot on Madison’s hilltop! New flooring throughout the first floor, stairway and upstairs hallway. HUGE bonus with the additional basement space that could be finished for a game room.

 

Size: 2,856 sf

 

Price: $340,000

 

Listing details: Main floor has a beautiful office space that could become a main floor bedroom. Outside you will enjoy the almost acre yard and a cool fire pit area for entertaining or a quiet family night. This wonderful home is located in the cul-de-sac of Hillcrest Dr, but has road access to Cragmont St. Schedule your showing today!

 

Contact: Sarah Hollihan, Exp Realty, +1 812.595.1589

620 Spring Street | $459,000

620 Spring St, Madison, IN
Listing agent: Jessica Butler

The Kestner House is for sale, and this is a generational opportunity! There is no lacking detail to this property. The craftsmanship will be admired by the most critical eye. The stewards of this property, since 1986, have identified appropriateness to a Dutch Colonial home in any of their endeavors and upgrades.

 

Size: 2,016 sf

 

Price: $459,000

 

Listing details: This property offers a natural spring that runs for half of the year. A garden is fenced in and electrified. There is an underground groundhog barrier as well! Enjoy your walk out cellar space for all your garden and property projects.

 

Contact: Jessica Butler, Coldwell Banker, +1 812.701.0002

Listing agent: Amy Feikes

Recently renovated 4 bedroom 2 bath home. Ready to move in TODAY! Conveniently located to schools, doctors and shopping. Home has newer windows and roof in 2020. Boiler heat with central air. Refinished hardwood floors throughout the entire upstairs. Modern kitchen with all new stainless steel appliances.

 

Size: 2,546 sf

 

Price: $319,000

 

Listing details: Wood burning fireplace upstairs and electric fireplace in basement. Enjoy the summer with a large balcony off living room perfect for entertaining and walk out patio of basement off recreation room.

 

Contact: Amy Feikes, RE/MAX, +1 219.608.9606

Live In Luxury! | $434,000

11054 Lake Central Drive, Saint John, IN
Listing agent: Brenda Spitz

This Gorgeous 2 Bed/ 2 Bath Ranch Townhome with bonus room offers comfort, style, and upscale amenities. All brick exterior in a sought after community, across from Lake Central Highschool is maintenance-free with amazing landscaping and large brick patio. Ample living space with an open concept! This town home features an additional room with french doors for an office or den.

 

Size: 1,840 sf

 

Price: $434,000

 

Listing details: Cozy up to the corner gas fireplace with remote start, and enjoy all the upgrades which include the beautiful hand-scraped hardwood flooring, Accent lighting in ceilings, Heated floors in baths, Heated garage, Custom pullouts in kitchen Cabinets, SS appliances and Granite in Kitchen, Purchased water softener, custom paint colors, Added Pine trees for privacy.

 

Contact: Brenda Spitz, McColly Real Estate, +1 219.743.7330