Marion Homes under $150,000

Welcome to Marion, Indiana – a hidden gem that perfectly balances small-town charm with modern conveniences. Nestled in the heart of Grant County, Marion is renowned for its friendly community, rich history, and vibrant local culture. Whether you're a first-time homebuyer or looking to invest, Marion offers an array of affordable housing options that make it an attractive place to call home.

One of the most appealing aspects of Marion is its diverse selection of homes priced under $150,000. Here, you'll find a variety of properties, from quaint bungalows to spacious family homes, all designed to meet the needs of diverse lifestyles. Imagine enjoying a cozy evening in a charming vintage home or hosting gatherings in a modern layout that offers both comfort and functionality. With such affordability, homeownership is within reach for many, allowing you to invest in your future without breaking the bank.

The township boasts beautiful parks, excellent schools, and a plethora of local shops and restaurants that contribute to its welcoming atmosphere. Enjoy a leisurely stroll through the scenic parks or participate in community events that foster connection and camaraderie among residents. Marion is not just a place to live; it’s a community where you can thrive.

Discover the possibilities that await you in Marion, Indiana, where affordable homes and a warm, inviting community come together to create the perfect backdrop for your next chapter. Don’t miss the chance to explore this vibrant township and find your ideal home today!

Newest Marion Homes under $150,000

$94,900

4 Beds ⋅ 2 Baths ⋅ 202640012 MLS ⋅ 2,306 SqFt. ⋅ Michael Sorrells

Looking for your next fixer-upper or investment opportunity? Own a piece of Mitchell history with this 1907, 2.5-story Victorian home at 512 W Frank Street! This property is ready for someone with vision to continue the work, complete the unfinished interior, and bring this historic home back to life. With 2.5 stories plus a basement, the home offers an impressive amount of space and a versatile layout with plenty of possibilities. The interior is not completely finished and will require additional renovation and finishing work, making this property especially well suited for an investor, renovator, or buyer searching for a project they can customize from the ground up. Whether the goal is restoration, renovation, resale, or creating a spacious home to enjoy, this property provides an exciting starting point. The home retains the character and charm associated with its early-1900s construction, including hardwood flooring and Victorian-era details. A mudroom adds useful everyday space, while the basement provides additional space beyond the main living areas. A detached garage offers even more room for parking, tools, equipment, storage, or workshop use. This is not a completely finished, move-in-ready home—it is an opportunity to take a historic property with substantial space and transform it into something special. Investors, renovators, and buyers who appreciate the character of older homes will find plenty of potential within these walls. Conveniently located in Mitchell near local amenities, 512 W Frank Street is ready for its next chapter. Bring your plans, creativity, and vision and see what this 2.5-story Victorian fixer-upper could become! Seller to choose title company

512 W Frank Street St, Mitchell

Listing courtesy of Michael Sorrells from Great Plains Land Company, LLC.

$135,000

2 Beds ⋅ 1 Baths ⋅ 202637169 MLS ⋅ 1,652 SqFt. ⋅ Jeffrey Lawson

This is 2 lots this one and 16102 Winchester rd go together. Fixer upper in Yoder 2 to possibly 3 bedroom, needs some lovin on the inside.

3624 E Yoder Rd, Fort Wayne

Listing courtesy of Jeffrey Lawson from F.C. Tucker Fort Wayne.

$44,900

3 Beds ⋅ 1 Baths ⋅ 202635378 MLS ⋅ 1,440 SqFt. ⋅ Ronita Walcott

Spacious three-bedroom home on corner lot. Home features a fenced back yard and a 20x24 detached garage. Rooms are large size and there is an enclosed front porch. Bring your design ideas to make this home your own.

438 W Oak St, Mitchell

Listing courtesy of Ronita Walcott from Evergreen Real Estate & Auctions. Cell: 812-327-6201

$44,000

3 Beds ⋅ 2 Baths ⋅ 202635263 MLS ⋅ 1,261 SqFt. ⋅ Michael Sorrells

Uncover an exceptional investment or sweat-equity opportunity in the heart of Mitchell, Indiana! Offered strictly as-is, this 3-bedroom, 2-bathroom residence presents a classic canvas ready for your vision, custom repairs, and full personal restoration. The home’s interior floor plan features three generously sized bedrooms, two full bathrooms, and open living spaces waiting to be redesigned to fit your specific needs. Whether you are looking to complete a full flip, build a strong addition to your rental portfolio, or custom-craft your next primary home, this property provides the foundational structure to bring your project ideas to life. Serious buyers are strongly encouraged to verify all square footage, lot boundaries, and room dimensions independently. A major exterior highlight of the property is the substantial pole barn situated in the deep backyard. This versatile outbuilding provides immense value, offering ample space for secure vehicle storage, boat or trailer parking, a functional workshop, or vast extra equipment storage. The surrounding grounds offer plenty of room for outdoor recreation, gardening, or outdoor living expansion. Owned by a Licensed Real Estate Agent licensed in Indiana. Cash buyers only.

940 Newby St, Mitchell

Listing courtesy of Michael Sorrells from Great Plains Land Company, LLC.

$77,000

3 Beds ⋅ 2 Baths ⋅ 202633801 MLS ⋅ 1,473 SqFt. ⋅ Chris Burton

Investor opportunity in a nice, established neighborhood! This 3-bedroom, 2-bath home offers 1,300+ square feet of living space and sits on a large city lot. With its spacious layout and desirable location, this property offers excellent potential for an investor looking for a renovation project, rental property, or future resale. Bring your vision and unlock the potential this property has to offer!

624 S 9th St, Mitchell

Listing courtesy of Chris Burton from Brooks Galloway Real Estate. Office: 812-936-7301

$84,900

1 Beds ⋅ 2 Baths ⋅ 202632495 MLS ⋅ 768 SqFt. ⋅ Linda Dzierba

Unique and affordable opportunity in Mitchell! This one-bedroom, two-bath home offers a surprisingly functional layout with approximately 768 square feet of living space. The main level features an open living and kitchen area, while the upper level provides a spacious bedroom and additional bath. Built in 2003, the home also offers a fenced yard and detached garage/storage building. Some repairs and updates are needed, making this a great option for a buyer looking to add their own finishing touches. Convenient to local amenities and area roadways. Property is being sold AS-IS.

46 Teke Burton Dr, Mitchell

Listing courtesy of Linda Dzierba from Dzierba Real Estate Services. Offc: 812-333-4041

$147,500

3 Beds ⋅ 2 Baths ⋅ 202632159 MLS ⋅ 1,702 SqFt. ⋅ Natasha Johns

INVITING. SPACIOUS. COMFORTABLE. This well-maintained THREE bedroom, TWO bathroom home is situated on easily managed lot offering a functional floor plan, beautiful landscaping, and inviting indoor and outdoor living spaces. Step onto the covered front porch, the perfect place to relax with your morning coffee or unwind at the end of the day. Inside, you'll be welcomed by a spacious living room filled with natural light, creating a warm and inviting atmosphere. To the right, you'll find the first bedroom. Continue straight into the dining room and kitchen, offering a comfortable space for everyday meals and entertaining. The kitchen appliances are included, and just off the kitchen is the main-level laundry room, adding convenience to your daily routine. As well as a full bathroom and 2nd bedroom. Continue through the home to discover a very large family room filled with abundant natural light, making it the perfect gathering space for family, friends, or holiday celebrations. Just off the family room are the primary suite, bedroom is spacious with its own private full bathroom. Step outside to enjoy the fenced backyard, ideal for pets, gardening, or outdoor entertaining. A utility shed provides excellent storage space for lawn equipment, tools, and seasonal items. Utilities are provided by Duke, Centerpoint, and Mitchell Water. With spacious living areas, a beautifully landscaped setting, and a functional layout designed for everyday comfort, this home is ready to welcome its next owners.

617 S 8th St, Mitchell

Listing courtesy of Natasha Johns from Williams Carpenter Realtors.

$116,900

1 Beds ⋅ 1 Baths ⋅ 202616115 MLS ⋅ 192 SqFt. ⋅ Natasha Johns

Welcome to this secluded 4-acre retreat, offering a beautiful blend of partially wooded land and peaceful surroundings. This unique property provides a quiet escape while still offering convenient access to nearby amenities. The property features a mini home complete with a full bathroom, making it ideal for a weekend getaway, guest space, or temporary living while you build your dream home. A spacious 2-car detached garage adds functionality, providing ample space for vehicles, storage, or a workshop. With a serene setting and endless possibilities, this property is perfect for those looking to create a private retreat, recreational space, or future homesite. Utilities are provided by Duke and South Lawrence Water.

588 Easy St, Mitchell

Listing courtesy of Natasha Johns from Williams Carpenter Realtors.

$119,900

1 Beds ⋅ 1 Baths ⋅ 202628839 MLS ⋅ 440 SqFt. ⋅ Stacey Hurst

Ready for your lakefront getaway? Bring your toothbrush and enjoy this gem. It is fully furnished and completely updated! There is plenty summer left to enjoy your weekends on beautiful Idlewild Lake!

1183 N Idlewild Lake Rd, Jasper

Listing courtesy of Stacey Hurst from Elite Home and Land Realty.

$74,900

2 Beds ⋅ 1 Baths ⋅ 202603062 MLS ⋅ 1,158 SqFt. ⋅ Donald Blackwell

This ranch-style home offers an excellent opportunity for rental, investment, or as a starter home. It features three bedrooms and one bathroom, providing 1,158 square feet of living space on a 0.15-acre lot. Conveniently located near local amenities, the property is being sold AS IS. Bring your vision and some tender loving care (TLC) to transform it into your dream space!

314 W Warren St, Mitchell

Listing courtesy of Donald Blackwell from The Real Estate Co..

$59,900

2 Beds ⋅ 1 Baths ⋅ 202626604 MLS ⋅ 1,238 SqFt. ⋅ Ronita Walcott

Great opportunity to make this affordable two bedroom, one bath home your very own! Home features a large living room, spacious master bedroom, nice sized eat in kitchen and a large backyard. Don't wait, schedule your tour today!

319 W Vine St, Mitchell

Listing courtesy of Ronita Walcott from Evergreen Real Estate & Auctions. Cell: 812-327-6201

$64,000

2 Beds ⋅ 1 Baths ⋅ 202619287 MLS ⋅ 784 SqFt. ⋅ Gibson Goodness

Enjoy lake life at its finest with this charming Beaver Lake property featuring stunning lake views and direct lake access with dock privileges for fishing, boating, kayaking, and endless water recreation! Offering 2 bedrooms, 1 full bathroom, and 784 finished square feet of living space, this home welcomes you with an abundance of natural light and a spacious open-concept layout perfect for relaxing or entertaining. The kitchen offers ample cabinetry along with an eat-in dining space for everyday convenience. Making this property even more move-in ready — the sale includes living room furniture, dining table & chairs (different set than shown), all major appliances, and a lawn mower. Whether you are searching for a peaceful weekend retreat, a full-time residence, or the perfect getaway for nature lovers, this property delivers the ideal balance of comfort and outdoor enjoyment! Additional highlights include Orange County Fiber Internet, a garden shed and a scenic setting that allows you to fully embrace lakeside living!

1011 N 310 E, Jasper

Listing courtesy of Gibson Goodness from RE/MAX Local. cell: 812-631-8439

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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.