Greenwood Homes under $200,000

Greenwood Homes under $200,000

Welcome to Greenwood, Indiana—a charming city nestled in the heart of Johnson County, where suburban tranquility meets vibrant community life. Just a stone’s throw from the bustling city of Indianapolis, Greenwood offers the perfect blend of small-town charm and urban convenience. With a rich history, excellent schools, and a variety of parks and recreational facilities, it’s no wonder that Greenwood is a sought-after destination for families and professionals alike.

One of the most appealing aspects of Greenwood is its diverse real estate market, particularly for those seeking affordable housing options. If you’re looking for a home under $200,000, you’ll be delighted to discover a range of properties that cater to various tastes and needs. From cozy single-family homes to charming townhouses, there’s something for everyone in this welcoming community.

Imagine settling into a lovely starter home with a backyard perfect for summer barbecues or a quaint townhouse within walking distance to local shops and eateries. The affordability of homes in Greenwood allows first-time buyers and investors to make their dreams a reality without breaking the bank.

With its friendly neighborhoods, excellent amenities, and a strong sense of community, Greenwood is not just a place to live; it’s a place to thrive. Explore the opportunities that await you in this delightful city, and find your perfect home today! Whether you’re looking to plant roots or invest, Greenwood is ready to welcome you with open arms.

Newest Greenwood Homes under $200,000

595 N Meridian Street, Greenwood
$180,000
3 Beds ⋅ 1 Baths
Check out this value offering of a one owner home. This one offers three bedrooms, living room and a large eat in kitchen. The location offers convenient access to all the shopping and restaurants Greenwood has to offer. Located just minutes from the Greenwood public library, Greenwood Fieldhouse, Craig Park and the Greenwood trail system.

595 N Meridian Street, Greenwood

Listing courtesy of F.C. Tucker Company.

7 Crestview, Greenwood
$189,900
3 Beds ⋅ 1 Baths
A cute ranch home in the heart of Greenwood, Indiana offers 3 Bedrooms, 1 full bath, 1 car port and a large fenced in backyard. A storage area is connected with the utilities room. Close to Countyline Rd and Meridian St. Close to major shopping centers, gym, schools, Greenwood mall, golf course, hospitals and clinics. A few minutes to Indy Downtown as well as Greenwood Downtown. Easy access to major highways and Greenwood airport. All kitchen appliances will stay. This home is a must see.

7 Crestview, Greenwood

Listing courtesy of Mang Tha Real Estate, LLC.

954 Greenwood W, Greenwood
$134,900
3 Beds ⋅ 2 Baths
Great recently updated condominium in an outstanding neighborhood. Enjoy the low maintenance lifestyle this 3 bedroom, 2 bathroom condo has to offer. The main level features vinyl plank hardwood flooring throughout and the upper level is warm with new carpet. Kitchen and bathrooms have been recently updated including new kitchen countertops, bathroom vanity & shower surround as well as flooring and more. Home is great for family functions with 2 separate living areas as well as a dining area. Relax in the privacy fenced in area at the back of the property or the 2nd floor balcony off the primary bedroom. Primary bedroom features dual closets. and plenty of natural light.

954 Greenwood W, Greenwood

Listing courtesy of Apex Realty.

585 Northgate Drive, Greenwood
$199,000
3 Beds ⋅ 3 Baths
Discover 585 Northgate DR, Greenwood, IN. Built in 1962, this 1656 square foot single-family, ready for its next chapter. This bilevel home offers a unique blend of classic design and comfortable living, set on a generous 8189 square foot lot. With two full bathrooms, this home provides ample convenience. One of the bathrooms is thoughtfully appointed with a double vanity and a walk-in shower, offering a spa-like experience. This residence includes three bedrooms, providing versatile living arrangements. An attached garage adds to the home's practicality and ease of access.

585 Northgate Drive, Greenwood

Listing courtesy of The Virtual Realty Group.

1603 S Morgantown Road, Greenwood
$199,000
3 Beds ⋅ 2 Baths
3 BEDROOM + 2 FULL BATH Ranch in Center Grove ~ Big 1/2 Acre Lot ~ 1,152 Sq. Ft. ~ GREAT LOCATION - Close to Everything! - Schools, Restaurants, Shopping, Interstate, & More! Features: NEW Energy Efficient HVAC System! Hardwood-Laminate Floors; Large Open Living Room w/Lots of Natural Light; Eat-In Kitchen w/Tile Floors; Dining/Breakfast Area; Big Primary Bedroom w/Huge Walk-In Closet + Remodeled Bath w/Walk-In Shower + Whirlpool Tub; Laundry Room w/Cabinets; Large Backyard to Enjoy w/Mature Trees for Lots of Privacy + Privacy Fence & Open Concrete Patio + Covered Front Porch to Enjoy! Great location & Price - Seller prefers to sell as-is.

1603 S Morgantown Road, Greenwood

Listing courtesy of Jeff Paxson Team.

320 Elmead Court, Greenwood
$110,000
2 Beds ⋅ 1 Baths
Move-In Ready And Perfectly Located! This 2 Bedroom, 1-Bath Condo In Greenwood Maples Offers Fresh Paint, Newer Carpet, New Oven/Range & Dishwasher, Plus New Balcony Decking! New Roof & Gutters Add Peace Of Mind. Enjoy The Convenience Of In-Unit Laundry With Washer & Dryer Included. Fantastic Location! Walking Distance To Downtown Greenwood With Lots Of Shopping & Restaurants, Parks, Entertainment And More! HOA Fee Includes Water & Trash. Greenwood Schools! A Must See!

320 Elmead Court, Greenwood

Listing courtesy of CENTURY 21 Scheetz.

989 Greenwood Trail W, Greenwood
$139,000
3 Beds ⋅ 2 Baths
Discover an opportunity for inspired living at 989 Greenwood W, a charming condominium residence in Greenwood, IN. Built in 1974, this 1344 square foot home offers a perfect blend of comfort and convenience, designed for those who appreciate a thoughtful layout and an established community feel. This condominium features three well-proportioned bedrooms, providing ample personal space for relaxation and rejuvenation. In addition, there is a Bonus Room on the Main floor. The property also includes one full bathroom and one half bathroom, catering to both everyday needs and guest convenience. With a lot size of 1133 square feet, this property offers a manageable exterior footprint, allowing for a focus on interior comfort and design. To truly appreciate the lifestyle offered by this Greenwood condominium, we invite you to schedule a private viewing.

989 Greenwood Trail W, Greenwood

Listing courtesy of eXp Realty LLC.

315 Elmead Court, Greenwood
$124,900
2 Beds ⋅ 1 Baths
Welcome home to this beautifully updated 2-bedroom, 1-bath condo in Greenwood, filled with natural light and modern finishes throughout. The south-facing layout brings in sunshine all day, while new windows and a patio door enhance both comfort and efficiency. The kitchen features concrete countertops, a classic subway tile backsplash, stainless steel appliances, and recessed lighting-perfect for everyday living and entertaining. Luxury vinyl plank flooring runs throughout the home, complemented by ceiling fans and ample storage space. The fully tiled bathroom offers a clean, contemporary feel with concrete countertops, and recent big-ticket updates include a new AC unit, new roof and gutters, and low-maintenance composite decking-providing peace of mind for years to come. Convenient, stylish, and move-in ready, this condo is an excellent opportunity to enjoy low-maintenance living in a great Greenwood location.

315 Elmead Court, Greenwood

Listing courtesy of F.C. Tucker Company.

1075 S Morgantown Road, Greenwood
$198,000
3 Beds ⋅ 1 Baths
Seller willing to credit up to $$$$ toward buyer closing costs and/or an interest-rate buy-down with an acceptable offer. Ask your lender how this could impact your upfront costs and monthly payment.Motivated Seller!!! Ranch home Center Grove Community Schools! Situated on approximately one-third of an acre with mature trees and plenty of outdoor space, this 3-bedroom, 1-bath home offers an inviting combination of character, functionality, and move-in-ready appeal. Step inside to a bright, welcoming interior where updated finishes and a neutral color palette create a clean, modern feel while maintaining the home's original charm. The comfortable living room provides an easy gathering space and flows into the kitchen and dining area, creating a practical layout for everyday living and entertaining. The kitchen offers ample cabinetry, generous workspace, and room to gather around the table. Three main-level bedrooms provide flexibility for sleeping spaces, a home office, guest room, or hobby space, while the full bathroom completes the home's efficient single-level floor plan. With approximately 1,200 square feet and laundry conveniently located on the main level, this home makes everyday living simple. Outside, you'll find a spacious lot with mature trees and plenty of room to relax, entertain, garden, play, or create the backyard setup you've been envisioning. An outdoor deck adds another spot to enjoy morning coffee, summer dinners, or quiet evenings at home. Even better, this property is not tucked deep inside a large subdivision, offering a little more breathing room while still keeping you close to the conveniences of Greenwood and the Center Grove area. Located within the Center Grove school district and convenient to shopping, dining, parks, everyday amenities, and major commuter routes, this is an excellent opportunity for buyers looking for an affordable home in a desirable location. Was a rental for many years! Investor friendly!

1075 S Morgantown Road, Greenwood

Listing courtesy of Highgarden Real Estate.

5016 Olive Branch Road, Greenwood
$169,900
4 Beds ⋅ 3 Baths
Discover the potential in this 4-bedroom home situated on an almost half-acre lot in Johnson County. The spacious living area features a cozy fireplace, while hardwood flooring extends throughout much of the home. With ample outdoor space and plenty of opportunity to make it your own, this property is ready for its next chapter and would benefit from some TLC.

5016 Olive Branch Road, Greenwood

Listing courtesy of Keller Williams Indy Metro Partners.

1204 N Paradise Way N, Greenwood
$185,000
1 Beds ⋅ 2 Baths
EDEN ESTATES~ Low Maintenance Lifestyle: Quiet Street/Cul De Sac; 2 BED 1.5 BATH 1+Car GARAGE, 1270 Sqft; One & a-Half-Story w/ Main Level, Private Entry; MAIN~ KITCHEN: Updated, Can Lights, Newer Vinyl Floor, New Dishwasher, Electric Range/Oven, Refrigerator, Hood included; DINING; GREAT ROOM: Vaulted Ceilings; HALF BATH; LAUNDRY: MainLevel, Upgrade Vinyl Floor, Private Location; UPPER~ MASTER: Carpet, Spacious, Terrific Sized Walk-In Closet; LOFT/2nd BED: Carpet, Can Lights, Overlooks Great Room & Front Entry - versatile as Loft/Office/Guest Room/2ND BEDROOM; QUALITY Layout & Lots of Upgrades: Fresh Neutral Paint, UNIVERSAL WINDOWS w/ Lifetime Warranty; ROOF: Upgrade Dimensional Shingle- 2025; NEW 10x10 Concrete Patio Outback w/ Nice sized Yard & Northern Exposure; New Toilets, NEW FURNACE/AC/H2O Heater - 2020; Layout features tons of well-placed Closet & Storage Space including Closet under stairs; Location is a Plus: Out of the way & near everything: Valle Vista Golf Course, Hospital, Grocery, Restaurants, Breweries, I-65, Downtown Greenwood, Greenwood Community Center & Athletic Fieldhouse, Greenwood Amphitheater, Fluid Commute to Indy, Colleges, Franklin, Columbus & More. HOA maintains yard/snow removal/exterior maintenance for a reasonable fee & Community Boasts Pride in Ownership in Abundance.

1204 N Paradise Way N, Greenwood

Listing courtesy of Jeff Paxson Team.

55 Crestview, Greenwood
$187,500
3 Beds ⋅ 1 Baths
Cute and Cozy ranch style home in Greenwood with attached 1 car garage and newly poured patio..appliances stay with purchase..newer roof and siding has been installed. Great neighborhood to get your steps in..Near elementary and parks..

55 Crestview, Greenwood

Listing courtesy of Moving In Faith REALTORS, LLC.

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