30 Affordable Homes for Sale in Indiana Under $60,000
Real, active listings for investors, first-time buyers, and anyone ready to renovate their way into homeownership — hand-picked and updated by Realtor Liz Marks-Strauss.
Why These Homes Are Worth a Look
Finding a home for under $60,000 in today's market can feel impossible — but across Indiana, opportunities like these still exist. The 30 properties below range from $54,900 to $59,950 and span cities including Indianapolis, Muncie, Anderson, Kokomo, Richmond, Martinsville, and several smaller communities throughout the state. Many are being sold as investment or renovation properties, making them a strong fit for buyers who want to build equity through sweat equity, house-hacking, or long-term rental income. A few are already tenant-occupied with steady rental history, and a couple come from FC Tucker's own network, badged below for easy reference.
Listings and pricing change quickly at this price point, so if one of these catches your eye, reach out right away to schedule a showing or ask about financing options, including possible seller financing on select properties.
$54,900
854 E 900 N, Mays
Opportunity awaits in this spacious 4-bedroom, 1.5-bath home built in 1900, full of character and potential. Situated on a corner lot, this property offers generously sized rooms and a layout ready for restoration or renovation to match your vision. The…
$54,900
4745 Upper Patton Park Road, Martinsville
This 2 bedroom 1 bath handy man special has an awesome rural location close to Patton Lake. The home backs up to a small canal and features a 2c-d garage, desirable lot, and much more. This is a rare opportunity on Upper Patton Park and will not last long.…
$54,900
707 Hawkes Street, Rockville
Looking for your next investment or renovation opportunity? Whether your vision is restoring a fixer-upper or starting fresh on a spacious 14,000+sq.ft. in-town lot, this property is full of potential. Featuring updated 200-amp electrical service, some…
$54,900
722 N 24th Street, New Castle
Investment opportunity with built-in income potential - or a great option for a future owner occupant! This 2 bedroom, 1 bath home offers a great chance to add to your portfolio, start investing in real estate, or to make it your own. Outside, you'll find…
$54,900
2109 S Delawanda Avenue, Muncie
Bring your vision and creativity to this 3-bedroom home on S Delawanda Ave! Featuring a spacious living area and a kitchen with plenty of built-in cabinets for storage, this property offers great potential to make it your own. Additional features include a…
$54,900
4002 Keegan Road, West Terre Haute
Enjoy the peaceful surrounding of Saint Mary of the Woods Village. This older modular features 3-bedrooms, 2-baths a rather large Livingroom with dining area that is off the kitchen. There are 2 good size decks the front overlooks St Mary's College, back…
$54,900
2209 E Lynn Street, Anderson
Opportunity awaits with this 3-bedroom, 1-bath home in Anderson! Featuring a spacious backyard with convenient alley access, this property offers plenty of potential for the right buyer. The home requires extensive repairs and updates and is being sold…
$54,900
1920 Main Street, Anderson
INVESTOR ALERT!!! Expand your portfolio with this 2 bedroom/1 bath home. Long term, reliable tenant in place! Bathroom has been updated. Rent is $700/month, so you are well over the 1% rule! Property is on 2 parcels and is being sold AS-IS. Great location…
$54,999
913 W Superior Street, Kokomo
Investor Special! Opportunity awaits with this affordable Craftsman Bungalow priced at $69,900. Featuring a welcoming covered front porch and a detached two-car garage, this property offers endless possibilities for renovation and value-add improvements.…
$55,000
10844 Private Road 570 W, Poland
Hey there, future landowner! Prepare to be charmed by 10844 Private Road 570 W, POLAND, IN, nestled in the heart of the USA, where the possibilities are as wide open as the Indiana sky. It's ready for you to make memories that will last a lifetime. Let's…
$55,000
1612 Hst W 10th Street, Anderson
Updated/Move in Ready 3 Bedroom 1 Bathroom Home on a Double Lot; Would make a great starter home or investment property.
$55,000
3626 Prospect Street, Indianapolis
So much potential! This 2 bedroom, 1 bath bungalow is close to everything. The covered front porch leads into a living room with lots of natural light. A spacious kitchen is centrally located between both bedrooms and the bathroom. A large fenced backyard…
$55,000
11187 N 200 W, Alexandria
Bring your vision to this charming Craftsman-style home situated on approximately one acre of gently rolling ground. Offering 4 bedrooms, this property features a spacious living room with a beautiful open staircase, an eat-in kitchen, and a large…
$55,000
15001 W 6th Street, Daleville
This 2 bedroom home in Daleville offers a spacious living area and almost .25 acre of property! The home features a covered front porch, patio, and attached 2-car garage, providing outdoor and storage space. It is conveniently located with access to State…
$56,000
334 N Forest Avenue, Indianapolis
Unlock the potential at 334 N Forest Ave! This 2-bedroom, 1-bath home offers 986 square feet of opportunity and has been consistently used as a rental property over the past several years. Whether you're looking to expand your investment portfolio or…
$56,900
430 S Proud Street, Muncie
Rented for $800 a month, tenant pays all utilities, and lease ends 6-30-27. This charming property features 3 beds and 1 bath. It has a covered front porch and a spacious backyard. It also has a washer/dryer hookup and a basement for extra storage. Recent…
$57,000
8324 S Us Highway 41, Rosedale
Great Investment opportunity for someone not wanting to do a lot of work. Home was recently rented but now owner wants to sell. It shows only 1 bedroom but plenty of rooms that could be turned into 2 or 3 bedrooms. Nice yard, large kitchen, rustic look,…
$57,900
2826 Walton Street, Anderson
This 1954 cottage offers a great opportunity for a buyer or investor looking for a smaller home with potential. With 720 square feet, the home features 2 bedrooms, 1 full bath, and a functional one-level layout. The 1-car detached garage adds extra storage…
$57,999
643 Warren Avenue, Indianapolis
Excellent investment opportunity with this home to make it yours however you wish. This amazing opportunity is sold AS-IS.
$58,000
3117 Massachusetts Avenue, Indianapolis
Discover a unique opportunity at 3117 Massachusetts AVE, INDIANAPOLIS, IN. Built in 1924, this 1560 square foot single family residence offers a distinctive living experience across its two stories. This residence features four bedrooms, providing ample…
$58,752
1109 W 17th, Muncie
This investment property is currently tenant-occupied. Great investment opportunity featuring a two-bedroom, one-full-bath home with unified flooring throughout. The kitchen offers ample cabinet storage and generous counter space. Seller owns additional…
FC Tucker Listing $59,000
415 N Independence Street, Windfall
Investor Special! This fixer-upper is brimming with potential for the right buyer. This property presents a solid investment opportunity, whether for a flip, rental, or long-term value growth. With the right rehab, it could be transformed into a desirable…
$59,000
640 N Gray Street, Indianapolis
Great potential awaits with this 4 bedroom home on the Near Eastside! Quick access to downtown, recreational life, schools, and more catch the attention of those with a vision. Some features include a spacious living room, an unfinished basement, a…
$59,000
3354 Hovey Street, Indianapolis
Opportunity awaits at 3354 Hovey! Priced at just $59,000, this three-bedroom, two-bathroom home in Martindale-Brightwood offers tremendous potential for an investor, renovator, or buyer ready to build equity. Formerly used as a rental, the home features…
$59,900
1112-1114 W Washington Street, Alexandria
Unique opportunity with multi-structure, multi-lot property totaling nearly a half acre. Main house has 2 beds, 1 bath. Detached "garage" provides up to 4 parking spaces, but could also be converted with the right imagination. Property needs improvement,…
$59,900
3401 W 31st Street, Muncie
3401 W 31st ST, MUNCIE, IN, USA, is a single-family residence. This home stands ready for immediate occupancy. This residence features two well-proportioned bedrooms, providing comfortable private accommodations. Complementing these spaces is a full…
FC Tucker Listing $59,900
111 S 11th Street, Richmond
Massive upside on this 6-unit multifamily located at 111 S 11th St, Richmond Indiana! All units are separately metered for electric-keeping expenses down and maximizing cash flow potential. This property is a full rehab and priced accordingly, making it…
$59,900
2203 S Biltmore Avenue, Muncie
Opportunity awaits the next investor or homeowner! This 3-bedroom, 1.5-bath home offers a large living room, formal dining room and plenty of potential. Features include older vinyl replacement windows, a new gas water heater, and a storage shed. The home…
$59,900
1928 Main Street, Anderson
INVESTOR ALERT!!! Expand your portfolio with this 2 bdrm/1 bath home with lots of potential! The Dining Room could easily be converted into a 3rd bdrm for higher rental income. Property contains 2 parcels and a 1 car detached garage. Great location in…
$59,950
154 Tippecanoe Drive, Noblesville
PRICE REDUCED. Back on the market due to Buyer's non-performance. Amazing value in Hamilton County. Investors or homeowner looking for a very economical living space. 3BR/2BA manufactured home with White River access, No HOA and only minutes to Morse Lake,…
Listing information is deemed reliable but not guaranteed and is subject to change without notice. Prices, availability, and property details should be independently verified. Listings are provided courtesy of their respective listing brokerages as noted on each property.