Delaware Homes under $200,000

Delaware Homes under $200,000

Welcome to Delaware, Indiana—a charming community that perfectly blends small-town charm with modern conveniences! Nestled in the heart of Delaware County, this delightful region offers a warm, welcoming atmosphere and a rich tapestry of history, culture, and outdoor beauty.

Delaware boasts a variety of recreational opportunities, with numerous parks, trails, and scenic spots to explore. Whether you’re hiking along the picturesque banks of the Mississinewa River or enjoying a leisurely afternoon at a local park, nature enthusiasts will find plenty to love in this serene setting. The community is also home to friendly local shops, delightful eateries, and vibrant cultural events that foster a sense of belonging among residents.

For those looking to settle down in Delaware, you'll be pleased to discover an array of homes priced under $200,000. This makes it an ideal place for first-time homebuyers, families, or anyone seeking to enjoy the benefits of homeownership without breaking the bank. From cozy bungalows to charming ranch-style homes, the real estate options here cater to a variety of tastes and lifestyles.

In Delaware, you’ll not only find a place to live but a community to thrive in. With its affordable housing market, friendly residents, and beautiful surroundings, it’s no wonder so many are choosing to call this lovely Indiana town home. Come and discover the warmth and charm of Delaware, where your dream home awaits!

Newest Delaware Homes under $200,000

265 S Miller Avenue, Albany

265 S Miller Avenue, Albany

3 Beds ⋅ 1 Baths

Purchase entirely renovated or "As Is".

265 S Miller Avenue, Albany

Listing courtesy of Massey Real Estate Services.

5201 E County Road 450 N, Albany

5201 E County Road 450 N, Albany

3 Beds ⋅ 1 Baths

Nestled on nearly an acre in a peaceful country setting, this charming 3-bedroom, 1-bath home offers 1,404 square feet of comfortable living space. The inviting stone exterior, attached garage, and classic masonry fireplace add timeless character, while the spacious lot provides room to garden, entertain, or simply enjoy the outdoors. Whether you're looking for your first home, a place to downsize or a quiet rural retreat, this property offers endless potential with the convenience of easy access to nearby amenities around the greater Muncie area. Bring your creativity and make this home your own. It needs updates, but offers numerous possibilities for customized upgrades and improvements.

5201 E County Road 450 N, Albany

Listing courtesy of Keller Williams Indy Metro NE.

6047 Southbay Drive, Indianapolis

6047 Southbay Drive, Indianapolis

2 Beds ⋅ 3 Baths

Step inside this thoughtfully updated residence and discover a layout designed for both style and functionality. Freshly installed luxury vinyl plank flooring runs throughout the main level, giving the home a modern, low-maintenance appeal. The kitchen has been thoughtfully refreshed with a brand new appliance set and a breakfast bar that opens into a light-filled dining and living area, creating a warm and inviting space for both daily living and entertaining. From the living room, step outside to enjoy your private fenced backyard with a patio-perfect for relaxing in the evenings, gardening, or hosting friends on summer nights. An updated half bath on the main floor adds convenience for guests and gatherings. Upstairs, you'll find two generous bedroom suites, each designed with comfort and privacy in mind. Both include large closets and full bathrooms, with one suite offering a sleek shower and the other a soaking tub, providing options for different preferences. The separation of the suites makes the home ideal for roommates, families, or hosting long-term guests. The condo also features a fully finished attached garage, offering not just secure parking but also additional storage space. With its thoughtful layout, move-in ready updates, and a location that puts you minutes from shopping, dining, parks, and is located with the HSE School district. This home is a rare combination of style, comfort, and everyday convenience.

6047 Southbay Drive, Indianapolis

Listing courtesy of eXp Realty, LLC.

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Information Deemed Reliable But Not Guaranteed. © 2026 MIBOR Broker Listing Cooperative

Karen Parker

Karen Parker is an established real estate broker with United Real Estate, located at 1425 E. 86th Street, Suite 200, Indianapolis, IN 46240. As a trusted local expert, Karen brings extensive knowledge of the Indianapolis market and a deep understanding of what it takes to successfully buy and sell real estate in this area. Real estate is not the same everywhere, and her clients value her up-to-date market insight, strategic guidance, and commitment to delivering results. Karen is passionate about serving buyers and sellers throughout the Indianapolis area, providing honest advice, clear communication, and a personalized approach every step of the way. Outside of real estate, Karen enjoys exploring local parks and walking trails near her home in Indianapolis. She loves spending time at home with her husband, who is preparing for retirement, as they enter the exciting season of becoming nearly empty nesters. In her downtime, Karen enjoys reading, gardening, and watching Garden Answer and Survivor. Originally from Washington State, Karen was born and raised on the Colville Indian Reservation and is the sixth of nine children. She is a proud mother of three—two in the workforce and one currently in college—and a devoted grandmother to two beautiful grandchildren.

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