Center Homes under $500,000

Welcome to Center Township, Indiana—a vibrant community that perfectly blends small-town charm with modern conveniences. Nestled in the heart of Indiana, Center Township is a hidden gem that offers a serene lifestyle, making it an ideal place for families, young professionals, and retirees alike. With its picturesque landscapes, friendly neighborhoods, and a strong sense of community, you'll find that this township is more than just a place to live; it's a place to thrive.

One of the most appealing aspects of Center Township is its diverse range of homes available for under $500,000. Whether you’re searching for a cozy starter home, a spacious family residence, or a charming cottage, you’ll discover a variety of options that cater to your unique preferences and budget. The real estate market here is flourishing, offering well-maintained properties with modern amenities, spacious yards, and inviting interiors that make you feel right at home.

In addition to affordable housing, Center Township boasts excellent schools, local parks, and recreational facilities, ensuring that residents have access to quality education and outdoor activities. The community is also conveniently located near shopping centers, dining options, and major highways, making commuting a breeze.

Embrace the opportunity to settle in Center Township, where you can enjoy a peaceful lifestyle without sacrificing access to urban amenities. With homes under $500,000, your dream of owning a beautiful property in this picturesque township is within reach. Discover the warmth and charm of Center Township today—your future home awaits!

Newest Center Homes under $500,000

$70,000

3 Beds ⋅ 1 Baths ⋅ 202641055 MLS ⋅ 1,104 SqFt. ⋅ Ryan Orr

ONLINE AUCTION with NO BUYER'S PREMIUM! Location is everything, and this home puts you just minutes from Ball State University. Bidding closes Monday, October 19, 2026, at 6:00 PM, with a $70,000 reserve. Contact the listing agents for bidding access, full terms, and tour appointments. Homes this close to Ball State are always in demand. This classic 1924 Craftsman bungalow sits on a walkable north-central Muncie street near campus, shopping, dining, and everyday conveniences, making it a strong candidate for a rental, a renovation, or an owner-occupant who wants to be close to the university. The home offers 3 bedrooms, 1 full bath, and 1,104 sq ft on one level, along with a 740 sq ft unfinished basement and a detached 18x22 garage on a 42x125 lot. The covered front porch gives the home true bungalow curb appeal. Inside, you'll find separate living and dining rooms with good natural light, an eat-in kitchen with a breakfast bar, hardwood floors in two bedrooms, and original wide trim. The bath has been updated with a newer vanity and a tub/shower with tile surround. Mechanicals include a gas hot water heating system and a gas water heater, with public water and sewer. The home needs updating and cosmetic work throughout, so bring your vision and build equity in one of Muncie's most convenient locations. A 3D virtual tour and floor plan are available. The property sells AS-IS, WHERE-IS, with no contingencies for financing, appraisal, or inspection, so bidders must complete any inspections before bidding. Cash buyers must provide proof of funds before bidding, and financed buyers must provide a lender pre-approval. The winning bidder pays a 10% non-refundable deposit within 24 hours of seller acceptance. Closing is on or before 11/20/26, and the seller provides an owner's title policy. The owners of record are Edwin L. Frazee Jr. and Marcia M. Frazee. Parcel #18-11-09-129-004.000-003. The legal description is Neely Addition, Section 9, Township 20N, Range 10E, Center Township, Delaware County, Indiana. Information is deemed reliable but not guaranteed. The auctioneers are Patrick L. Orr AU08801505 and Ryan P. Orr AU10900025.

1213 W Abbott St, Muncie

Listing courtesy of Ryan Orr from RE/MAX Real Estate Groups. Cell: 765-744-9500

$134,900

2 Beds ⋅ 1 Baths ⋅ 202641041 MLS ⋅ 884 SqFt. ⋅ Nicole Peel

Step inside this completely refreshed 2 bedroom/1 bath home with a nice sized open living/dining space. Home has all new laminate plank flooring, new paint, all new lighting and ceiling fans, a detached one car garage with a new roof, walk in door & garage door opener. A brand new gas forced air furnace and central air conditioning system was just installed by Brandt's Heating & Cooling and warranties on the system will transfer to a new owner. This cute little home also offers a covered back porch and a large fenced in backyard. This home would make a perfect starter home for someone or possibly a move in ready investment property.

1717 N Webster St, Kokomo

Listing courtesy of Nicole Peel from True Realty. Cell: 765-860-2204

$152,900

3 Beds ⋅ 2 Baths ⋅ 202641039 MLS ⋅ 1,100 SqFt. ⋅ Jennifer Newell

Welcome to a beautifully renovated, move-in-ready home where the big-ticket updates have already been taken care of! This 3-bedroom, 2-full-bath home has been updated from top to bottom, giving its next owner the peace of mind that comes with NEW major systems throughout. Enjoy a brand-new roof and gutters, furnace, central AC, water heater, plumbing and drains, plus new electrical wiring and panel. Inside, you’ll find a freshly renovated home complete with new stainless steel appliances and a Samsung dryer. Outside, a new gravel parking pad adds convenient parking. With so many of the expensive updates already completed, this is truly a low-maintenance, move-in-ready home you can simply unpack and enjoy.

1135 S Bell St, Kokomo

Listing courtesy of Jennifer Newell from JNR Lux Realty Group, LLC.

$199,900

2 Beds ⋅ 2 Baths ⋅ 202641026 MLS ⋅ 1,022 SqFt. ⋅ Nicholas Hindes

Step into instant equity! This house recently appraised for 230k and is available for the next buyer ready to finish the project off. Why such a great deal you ask? The current seller is an investor simply needing to move resources into a bigger project. Everything has been redone! New plumbing! New HVAC! New electrical! New drywall and flooring! New bathrooms, new kitchen, and new lighting! New roof! All new appliances as well! These kinds of opportunities don't come very often. Take advantage of this deal and move on this today. An easy win for new investors and an easy win for savvy owner occupied buyers.

701 Carlyle Pl, Indianapolis

Listing courtesy of Nicholas Hindes from Peter Khosla, Inc. Cell: 614-747-1625

$250,000

3 Beds ⋅ 2 Baths ⋅ 202641001 MLS ⋅ 1,329 SqFt. ⋅ Theresa Catanese

Welcome to 9715 Clippinger Ave! This well-maintained and sparkly clean home offers a comfortable layout with plenty of natural light throughout. The spacious living area flows nicely into the dining and kitchen spaces, making the home feel open and inviting. You will enjoy these stylish black cabinets, coffee bar, and extra pantry storage! On the other side of the home is the owner's suite complete with a double-door private bathroom and walk-in closet. Outside, you’ll find a fenced-in backyard with plenty of room to relax, entertain, or let the pets play complete with a wildflower and vegetable garden. With an attached garage, great outdoor space, and a convenient north side location, this home is ready for its next chapter!

9715 Clippinger Rd, Evansville

Listing courtesy of Theresa Catanese from Catanese Real Estate.

$287,000

3 Beds ⋅ 2 Baths ⋅ 202640981 MLS ⋅ 1,858 SqFt. ⋅ Susan Volbrecht

Ready to simplify? This beautiful villa features foyer entry with transom and sidelights for extra sun, confluent large dining room with built-in cabinetry, opening to huge living room with soaring double tray ceilings. Breakfast room leads to sunny patio with Sun Setter canopy. Huge primary bedroom offers walk in closet, en suite full bath, and plenty of room for larger bedroom set. 2 additional bedrooms provide space for recreation, office, guests, or storage. Kitchen has expansive cabinetry and convenient peninsula with seating, pantry and easy access to laundry room.

5416 Wentworth Ln, Muncie

Listing courtesy of Susan Volbrecht from RE/MAX Real Estate Groups. Cell: 765-749-5948

$95,000

2 Beds ⋅ 1 Baths ⋅ 202640970 MLS ⋅ 884 SqFt. ⋅ Annette Caldwell

Many updates in this move-in ready home. Charming bungalow has newly refinished hardwood flooring which even runs into the kitchen! All the character and quality features but with updates for today. Light, bright living room is oversize and overlooks the newly built covered front porch (including a new foundation, flooring, railings and ceiling). The bath is all new. Kitchen has been refigured and updated. New lighting and paint throughout. New gas furnace and new gas water heater. Private back yard w/patio leads to the detached garage.

2309 S Mulberry St, Muncie

Listing courtesy of Annette Caldwell from RE/MAX Real Estate Groups. Cell: 765-748-5555

$159,900

3 Beds ⋅ 2 Baths ⋅ 202640958 MLS ⋅ 1,500 SqFt. ⋅ Rich Lee

Welcome to this inviting 3-bedroom, 1.5-bath ranch in Muncie! This well-maintained home offers comfortable one-level living with a functional layout and plenty of everyday conveniences. The kitchen features a distinctive wainscoted wall and includes a gas range, refrigerator and microwave. The spacious family room is highlighted by a gas-log fireplace, creating a warm and inviting gathering space. Three bedrooms offer comfortable living space with a mix of laminated hardwood, vinyl and carpet flooring throughout. Additional features include a heated attached 2-car garage, laundry room with washer and dryer, insulated entry and storm doors, and double-pane windows. The exterior combines classic Bedford stone with low-maintenance vinyl siding. With its convenient ranch-style layout and desirable amenities, this home is ready for its next owner to make it their own!

2401 W 11th St, Muncie

Listing courtesy of Rich Lee from NextHome Elite Real Estate. Cell: 765-744-9951

$184,900

2 Beds ⋅ 2 Baths ⋅ 202640955 MLS ⋅ 1,172 SqFt. ⋅ Amy Cunningham

Welcome home to this charming Brownstone-style condo tucked away in a much-desired area, offering the perfect combination of comfort, privacy, and low-maintenance living. Recent updates make this condo move-in ready, including new windows and front door in 2024, totally updated half bath, new flooring on the main level. Featuring 2 spacious bedrooms, 1 1/2 baths including a convenient walk-in shower, main level laundry. Step outside to your privacy-fenced patio, a wonderful spot to enjoy some outdoor space without the upkeep of a traditional yard. A garage provides both parking and additional storage. Residents enjoy access to the community's swimming pool and clubhouse, adding to the appeal of this low-maintenance lifestyle. A wonderful place to call home! All units are owner occupied; no rentals.

3408 Manhattan Blvd, Evansville

Listing courtesy of Amy Cunningham from F.C. TUCKER EMGE. Cell: 812-455-1555

$297,000

3 Beds ⋅ 3 Baths ⋅ 202640944 MLS ⋅ 2,114 SqFt. ⋅ Laura Amlin

Custom-built and located on a quiet cul-de-sac, this 3-bedroom, 2½-bath home sits on a private 1.46-acre wooded lot. Wheelchair accessible throughout. Features include a 2-car garage with wheelchair ramp, 2 service doors and wall heater, 6-foot fenced backyard, covered front porch, windows with built-in blinds, alarm system and extra-deep crawl space with built-in ladder. An 11' x 8' flex room can be used as an office, den, formal dining room or additional living space. New carpeting and interior paint in 2023. All appliances, including washer and dryer, remain. French cleats on walls provide convenient options for hanging artwork. Portions of the property are in the flood plain; the home is not.

1201 N Pinebark Ct, Muncie

Listing courtesy of Laura Amlin from Coldwell Banker Real Estate Group. Office: 765-289-2228

$114,900

3 Beds ⋅ 1 Baths ⋅ 202640945 MLS ⋅ 1,616 SqFt. ⋅ Ryan Orr

Investment opportunity or a great project for a buyer looking to make a home their own! This 3-bedroom, 1-bathroom property offers plenty of potential with separate living and family rooms, plus a gas fireplace in the living room. The eat-in kitchen is complemented by a separate dining room, providing ample space for everyday living and entertaining. Recent updates include a newer gas water heater, approximately 2 years old. Outside, the generously sized lot is nearly half an acre and features a huge 2.5-car detached garage, offering excellent space for vehicles, a workshop, hobbies, or additional storage. The backyard also includes a covered patio, deck, and storage shed, creating plenty of options for outdoor enjoyment and functionality. Conveniently located near the Muncie Bypass, this property is ready for someone with a vision to bring it back to life. Whether you're an investor or a buyer looking for a fixer-upper, this property offers plenty of potential to make it your own!

104 N Bennett St, Muncie

Listing courtesy of Ryan Orr from RE/MAX Real Estate Groups. Cell: 765-744-9500

$409,900

3 Beds ⋅ 2 Baths ⋅ 202640943 MLS ⋅ 2,313 SqFt. ⋅ Erin Phillips

Enjoy the benefits of brand-new construction in this beautiful 3-bedroom, 2-bath ranch home. Designed with today's lifestyle in mind, this home features a spacious kitchen with soft-close cabinets, stainless steel appliances, granite counter tops and a large island that's perfect for gathering with family and friends. The living room is filled with natural light and features vaulted ceilings, adding to the home's open and airy feel. Step outside to the covered back porch, the perfect spot to enjoy your morning coffee or unwind at the end of the day. Located on a desirable corner lot in Heritage Estates, this home combines modern conveniences with the ease of one-level living. Appliances are warranted by the builder, home comes with a 2 year builder warranty.

151 Pennsylvania Ave, North Vernon

Listing courtesy of Erin Phillips from RE/MAX Real Estate Groups. Cell: 765-760-0792

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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.