Take a look at available homes for sale under $500K in Indianapolis, Indiana. Get in touch with Realty World Harbert Company to learn more or schedule a showing. You can also sign up for an account to save properties and receive updates.
Across Indianapolis, homes under $500,000 span a wide variety of neighborhoods, from historic areas to newer subdivisions. Many properties feature updated kitchens, flexible living spaces, and access to the city’s growing network of local amenities.
Based on information submitted to MIBOR as of June 8, 2026 12:38 PM EDT . All data is obtained from various sources and has not been, and will not be, verified by broker or MIBOR. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.