Lafayette Homes under $200,000

Welcome to Lafayette, Indiana, a vibrant city nestled in the heart of Tippecanoe County. Known for its rich history and welcoming community, Lafayette offers a delightful blend of small-town charm and modern conveniences. With a population of around 70,000, this city is renowned for its thriving arts scene, diverse cultural offerings, and proximity to Purdue University, making it an ideal place for families, students, and professionals alike.

One of the most appealing aspects of Lafayette is its affordability in the housing market. If you're searching for a home under $200,000, you’re in luck! Lafayette boasts a variety of options that cater to different lifestyles and preferences. From cozy single-family homes to charming townhouses, there’s something for everyone. Many properties in this price range feature spacious yards, updated interiors, and easy access to local amenities, including parks, shopping centers, and dining establishments.

Living in Lafayette means embracing a lifestyle filled with outdoor activities, community events, and a strong sense of belonging. Explore the scenic Wabash Riverfront, take a leisurely stroll through the historic downtown area, or enjoy the many festivals that celebrate the city’s vibrant culture. With affordable housing options and a supportive community, Lafayette is not just a place to live; it’s a place to thrive.

If you’re ready to find your dream home in Lafayette, Indiana, let us guide you through the exciting journey of homeownership in this wonderful city!

Newest Lafayette Homes under $200,000

$199,900

3 Beds ⋅ 2 Baths ⋅ 202640972 MLS ⋅ 1,584 SqFt. ⋅ Amy Brown

Built in 1890, this three-bedroom, two-full-bath home has the kind of character you just can’t build into a new one. Inside, you’ll find open living and dining areas, a kitchen with granite countertops, and a mix of tile and original hardwood floors throughout. Outside, there’s a fenced backyard, plus a two-car detached garage, all sitting on a .16-acre lot in Lafayette. It’s got history. It’s got personality. And it’s ready for its next chapter. Buyer to confirm schools & measurements. Pictures coming Monday.

2006 Vinton St, Lafayette

Listing courtesy of Amy Brown from The Wyman Group. Cell: 260-571-9109

$185,000

3 Beds ⋅ 1 Baths ⋅ 202640623 MLS ⋅ 957 SqFt. ⋅ Colin Alford

Check out this 3 bedroom, 1 bath home on Pipers Glen Dr! Offering a functional layout with plenty of potential to make the space your own. Whether you’re looking for your first home, downsizing, or simply looking for a place you can put your own touch on, this one is worth a look. Conveniently located near shopping, dining, and everything Lafayette has to offer. Schedule your showing today!

3236 Pipers Glen Dr, Lafayette

Listing courtesy of Colin Alford from Trueblood Real Estate.

$184,900

2 Beds ⋅ 1 Baths ⋅ 202640132 MLS ⋅ 768 SqFt. ⋅ Daphne Potts

This freshly painted 2-bedroom, 1-bathroom home features appliances and a full block basement, offering substantial storage or potential living space. In 2021 the driveway and spacious 24x40 detached garage, complete with 10-foot ceilings and a tall garage door designed to easily accommodate larger vehicles, equipment, or workspace needs was added.

416 Jefferson St, Lafayette

Listing courtesy of Daphne Potts from F.C. Tucker/Shook.

$174,900

2 Beds ⋅ 2 Baths ⋅ 202639980 MLS ⋅ 1,667 SqFt. ⋅ Ashley Milakis Spencer

Tucked on a quiet cul-de-sac in a convenient central location, this 2-bedroom home offers inviting spaces and storage throughout. The front living room provides a welcoming place to gather, while the cozy family room features a Buck stove and opens to the kitchen. A screened-in porch overlooks the fenced backyard, which includes an 8x10 shed. The partially finished basement adds flexible space, and the garage offers multiple storage rooms and workshop space. A new washer, dryer, and refrigerator are included. The home has 1.5 baths, with potential to restore the half bath to a full bath.

1416 S 3rd St, Lafayette

Listing courtesy of Ashley Milakis Spencer from Raeco Realty.

$195,000

3 Beds ⋅ 1 Baths ⋅ 202639922 MLS ⋅ 816 SqFt. ⋅ Odilon Campos

Welcome home to this move-in-ready three bedroom, one bath property featuring a charming front porch, spacious unfinished basement, and large, fully fenced backyard. Recent updates include new flooring, new interior doors, trim, casing, and fresh paint throughout. The home is conveniently located just around the corner from Vinton Elementary School.

2730 Vinton St, Lafayette

Listing courtesy of Odilon Campos from Campos Real Estate Services.

$165,000

2 Beds ⋅ 1 Baths ⋅ 202639035 MLS ⋅ 752 SqFt. ⋅ Michelle Rainey

Location, convenience and neighborhood vibe! That's exactly what you get when you call 2353 N. 26th St. your next home! Direct access to Sagamore Parkway (US-52), Schuyler Ave, and I-65 puts major employers -- such as Subaru (SIA), GE, Caterpillar and Purdue University -- within quick reach. This one is tucked into a well-established, quiet area that is anchored by Vinton Elementary and Vinton Pool. You will be very close to McAllister Center which is an excellent community resource providing great summer camp opportunties for youngsters of all ages, gym facilities, various classes and more! Convenient to the Greenbush shopping corridors, grocery stores, and local dining options across Lafayette and West Lafayette, too! This efficient and cozy layout features a bright main living area, two comfortable bedroom accommodations, good-sized bathroom with tub/shower combination and an efficient kitchen design that optimizes space and storage. The one car detached garage and shed offer many storage solutions. Landscaped and situated nicely on a corner lot with cute picket fence, you are able to fully enjoy a manageable yard setting with mature shade trees. Want curb appeal? You got it! The sizable front deck easily accommodates your favorite patio sets and allows for socializing while truly relaxing outdoors. This affordable property with many nice features is perfect for first-time buyers, those ready to downsize, or even adding to an investment portfolio. Priced to sell —schedule your personal tour today!

2353 N 26th St, Lafayette

Listing courtesy of Michelle Rainey from Keller Williams Lafayette. Agt: 765-532-3415

$136,000

3 Beds ⋅ 2 Baths ⋅ 202638945 MLS ⋅ 1,797 SqFt. ⋅ Aaron Walker

Needs much love. Metal roof. Lots of potential.

1108 Salem St, Lafayette

Listing courtesy of Aaron Walker from F.C. Tucker/Shook.

$177,000

3 Beds ⋅ 2 Baths ⋅ 202637994 MLS ⋅ 1,040 SqFt. ⋅ Kat Snethen

Charming 3-bedroom, 1.5-bath ranch home nestled in a cute, established neighborhood. The updated kitchen and baths feature new flooring and appliances, offering a fresh, move-in-ready feel. New roof in 2016, all-electric utilities, and central air provide added peace of mind. The attached one-car garage offers convenience, while the storage shed provides extra space for tools, lawn equipment, and more. A comfortable home in a welcoming neighborhood with plenty to offer!

3813 Harper Dr, Lafayette

Listing courtesy of Kat Snethen from F.C. Tucker/Shook.

$168,000

3 Beds ⋅ 1 Baths ⋅ 202637553 MLS ⋅ 768 SqFt. ⋅ Mary Holtz

Affordable Opportunity with Plenty of Potential! Looking for an affordable home with room to make it your own? This 3-bedroom, 1-bath property offers a fantastic opportunity for a buyer with a little vision. Featuring a 2-car garage, a convenient location, and low property taxes, this home has several qualities that make it worth a closer look. The price is supported by a recent appraisal, giving buyers valuable insight into the property's current market value. At this price, your monthly house payment could potentially be less than what you’re paying in rent, making homeownership an especially attractive option. The convenient location puts everyday essentials close at hand, including grocery stores, restaurants, medical care, and more. Whether you're a first-time homebuyer, downsizing, looking for an affordable home, or searching for an investment opportunity, the location and price point offer plenty of appeal. Yes, the home needs some updating — but that's also where the opportunity lies! With a little TLC, some thoughtful improvements, and your own personal style, this home could be transformed into a sweet little place to call your own. Bring your ideas and imagination and unlock the potential that's already here. Affordable. Convenient. Full of possibilities. Come take a look and see what you can create!

2813 Underwood St, Lafayette

Listing courtesy of Mary Holtz from Indiana Integrity REALTORS. anewhome4u@aol.com

$176,900

2 Beds ⋅ 1 Baths ⋅ 202636622 MLS ⋅ 777 SqFt. ⋅ Julie Boyce

Move in ready, adorable and well kept home. Hard surface flooring compliments the white cabinets, stainless steel appliances and upgraded farm style trim. 2 bedroom and 1 bath. Updated kitchen with lots of storage.

2368 N 24th St, Lafayette

Listing courtesy of Julie Boyce from Keller Williams Lafayette. Cell: 765-491-5225

$199,900

3 Beds ⋅ 2 Baths ⋅ 202635988 MLS ⋅ 1,082 SqFt. ⋅ Miguel Lagunes

Welcome to this affordable 3-bedroom, 2-bath home offering a functional layout and plenty of space to make your own. The home features updated flooring throughout the main living areas and a spacious kitchen with ample cabinet and countertop space. All three bedrooms offer comfortable living space, while two full bathrooms add extra convenience. You’ll also find generous closet space, a dedicated laundry area, and a covered front porch. Situated on a corner lot with a manageable yard and conveniently located near schools and parks, you’ll have easy access to plenty of options for outdoor and recreational activities. This home offers a great combination of space, functionality, affordability, and convenience.

2320 Rogers St, Lafayette

Listing courtesy of Miguel Lagunes from Keller Williams Lafayette. Agt: 765-918-3977

$200,000

3 Beds ⋅ 1 Baths ⋅ 202635962 MLS ⋅ 864 SqFt. ⋅ Mary Mason

Well-Cared-For 3-Bedroom Home in a Convenient Location Lovingly cared for by the same family for over 50 years, this charming 3-bedroom, 1-full-bath home offers a wonderful combination of updates, character, and convenience. Located very near Vinton Elementary School, a park, public pool, shopping, and everyday amenities, the home also provides easy access to US 52 and is approximately 15 minutes from Purdue University. The home sits slightly up a gentle slope, providing a pleasant view and an attractive setting. The main yard is flat and functional, with a chain-link fence backing up to a row of trees for added privacy. A detached storage shed provides additional outdoor storage. Inside, the home features neutral décor, newer carpeting throughout, and fresh paint. Anderson windows provide quality and efficiency, while the nice front bay window adds character and natural light. The kitchen features solid-wood-front cabinets, and ceiling fans are found in several rooms for added comfort. Recent improvements include a brand-new electrical panel box, newer water heater, and newer water softener. The detached oversized garage offers approximately 352 square feet of space, providing plenty of room for parking, storage, hobbies, or a workshop. This home has been thoughtfully maintained and updated over the years and is priced well for the market. A great opportunity for anyone looking for a comfortable home in a convenient location close to schools, recreation, shopping, major roads, and Purdue University.

3166 Longlois Dr, Lafayette

Listing courtesy of Mary Mason from BerkshireHathaway HS IN Realty. Cell: 765-714-3547

Start Your Search

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.