Wabash Homes under $500,000

Welcome to Wabash, Indiana – a charming township that beautifully blends small-town warmth with modern conveniences. Nestled in the heart of Wabash County, this vibrant community is known for its rich history, friendly residents, and an abundance of outdoor activities. With a population that cherishes its heritage, Wabash offers a welcoming atmosphere, making it an ideal place for families, retirees, and everyone in between.

One of the most appealing aspects of Wabash is its housing market. For those seeking to invest in a home without breaking the bank, you’ll find a fantastic selection of properties available for under $500,000. From quaint single-family homes with character to spacious modern builds, there’s something for everyone. Many homes feature beautiful yards, perfect for enjoying Indiana’s picturesque seasons, while others come equipped with updated amenities to meet the needs of today’s buyers.

In addition to affordable housing, Wabash boasts a variety of local attractions that enhance the quality of life. Residents can explore the stunning Wabash Riverwalk, indulge in the vibrant arts scene, or take part in community events that foster a strong sense of belonging. With excellent schools, parks, and recreational facilities, Wabash is a place where families can thrive and create lasting memories.

Whether you’re a first-time homebuyer or looking to settle down in a welcoming community, Wabash, Indiana, offers the perfect blend of affordability, charm, and opportunity. Come discover your dream home in this delightful township today!

Newest Wabash Homes under $500,000

$157,500

4 Beds ⋅ 1 Baths ⋅ 202640233 MLS ⋅ 1,170 SqFt. ⋅ Barton Lehman

4-Bedroom, 1 full bath, Living room, Kitchen with island, Full Basement, Corner lot

467 E Franklin St, Berne

Listing courtesy of Barton Lehman from Miz Lehman REALTORS-Auctioneer. Off: 260-589-2903

$429,900

4 Beds ⋅ 2 Baths ⋅ 202640002 MLS ⋅ 3,448 SqFt. ⋅ Barton Lehman

Spacious 4-Bedroom Ranch on 5 Acres in a Peaceful Rural Setting Enjoy country living on this spacious 4-bedroom ranch situated on 5 acres in a peaceful rural setting. The main floor features a comfortable living room with a wood stove, a family room with a fireplace, a kitchen with attractive wood cabinetry, a full bathroom, and three bedrooms. The full basement offers additional living space with a second kitchen/dining area, large family room, fourth bedroom, full bathroom, laundry room, den/office, and plenty of storage. A standout feature is the 5-car garage, providing abundant space for vehicles, equipment, hobbies, or workshop use. With generous living space, multiple gathering areas, extensive storage, and 5 acres of land, this property offers plenty of room to enjoy the quiet of the country.

10695 S 200 W Rd, Geneva

Listing courtesy of Barton Lehman from Miz Lehman REALTORS-Auctioneer. Off: 260-589-2903

$310,000

4 Beds ⋅ 3 Baths ⋅ 202639990 MLS ⋅ 1,760 SqFt. ⋅ Stacy Grove

Ample square footage in Bar Barry Heights, West Lafayette, Indiana! The main level features a living room/dining room combo with great natural light, and sliders to the backyard. Kitchen features newer appliances. Three bedrooms and two full bathrooms upstairs. Downstairs, the lower-level family room adds extra living space and includes a fireplace (never used and not warranted), plus a laundry room and half bathroom. HVAC was replaced in 2022 with high-efficiency heat pump. Water softener. Completely fenced yard and storage shed. The extra-deep garage provides space for vehicles plus a workbench, storage shelving, or recreational gear. Don't miss this home, conveniently located on the West Lafayette trail system with access to Purdue, and in the award-winning West Lafayette Community School Corporation.

856 Barlow St, West Lafayette

Listing courtesy of Stacy Grove from @properties.

$299,900

4 Beds ⋅ 3 Baths ⋅ 202639873 MLS ⋅ 1,728 SqFt. ⋅ Sherry Cole

Located in the highly desirable West Lafayette School Corporation, this classic 4-bedroom, 1.5-bathroom two-story home offers unbeatable convenience just minutes from Purdue University, local walking trails, the West Lafayette Farmers Market, and the West Lafayette Athletic Complex. Inside, you'll find open-concept living and dining areas filled with natural light, along with sliding glass door access leading directly to the yard. The functional kitchen features solid wood cabinetry and an adjoining dining space, while four generous upstairs bedrooms offer plenty of room to grow. Full of potential and ready for your personal touch, this property is ideal as a primary residence or a smart investment near campus.

977 Devon St, West Lafayette

Listing courtesy of Sherry Cole from Keller Williams Lafayette. Agt: 765-426-9442

$416,900

3 Beds ⋅ 3 Baths ⋅ 202639772 MLS ⋅ 2,502 SqFt. ⋅ Chris Scheumann

So much space! This charming, like new, former model home boasts 2,052 square feet above ground and another 450 square feet of finished basement space! Located in West Lafayette and nestled less than a mile from Burnett Creek Elementary School, Battle Ground Middle School, and Harrison High School. This beautiful home features 3 spacious bedrooms, 3.5 baths, a bright sunroom that can be utilized for more living room space or a den, an open floor plan, 9' ceilings, vinyl flooring in living areas, dual zone HVAC system for energy efficiency and comfort, and a Triton water softener. Upgraded kitchen boasts granite countertops, custom cabinetry, stainless steel appliances, not one, but two pantries for your storage needs, and a massive kitchen island with convenient additional seating options. Finished basement with full bath and large open area reveals endless possibilities for other wish list space options. Owner's suite features dual vanity, walk-in shower, and not one, but two walk-in closets! Laundry room with window and natural light is located upstairs for functional every day living. Large low maintenance deck leads into a spacious backyard for outdoor entertaining. Easy access to dining, shopping, local wellness center, I65/ US 52, and Purdue University. Sale includes a home structural warranty and landscaping. Schedule your tour today to make a fresh new start in your very own brand new home!

5915 Rapallo 276 Mat Dr, West Lafayette

Listing courtesy of Chris Scheumann from Timberstone Realty.

$379,900

3 Beds ⋅ 3 Baths ⋅ 202639764 MLS ⋅ 2,106 SqFt. ⋅ Dustin Robinson

Welcome to 2941 Morallion Drive in West Lafayette! This inviting home offers a great combination of comfort, space, and convenience, located just minutes from Purdue University, shopping, and local restaurants. Inside, you’ll find multiple living spaces with plenty of room to relax, entertain, or spread out. The spacious primary suite offers a comfortable retreat, and recent updates include a new furnace, new A/C, and fresh paint. Outside, enjoy the large privacy-fenced backyard, perfect for relaxing, entertaining, or enjoying some extra outdoor space. The home is tucked away in a quiet neighborhood with a park and pond, while still being close to everything West Lafayette has to offer. Come take a look and see what makes this home such a great place to call home!

2941 Morallion Dr, West Lafayette

Listing courtesy of Dustin Robinson from Lafayette Listing Realty LLC.

$299,900

3 Beds ⋅ 2 Baths ⋅ 202639444 MLS ⋅ 1,376 SqFt. ⋅ Billy Brand

We are proud to present a smartly refreshed and recently updated ranch style home in the WLAF public schools district of West Lafayette. Covington Street is a quiet established neighborhood location that is near to public bus route, PayLess and Fresh Thyme grocery stores, the John R. Dennis Wellness Center featuring indoor pool, fitness opportunities and reservable facilities for groups. The exterior also features a covered front entry with room for a couple rocking chairs, a concrete rear patio with sun sail (seasonally installed), in ground mounted gas grill, a 12x8 yard shed. In the kitchen you will find stainless front appliances and a ceramic tile backsplash. Recent wastewater line replacement completed September of this year with several cleanup access points. Recent updates include: on demand gas tankless gas water heater, newer furnace and AC units and water softener (2020), updated vinyl double pane windows, and vinyl plank flooring and carpets in the bedrooms.

2824 Covington St, West Lafayette

Listing courtesy of Billy Brand from Concord Realty Group.

$224,000

2 Beds ⋅ 3 Baths ⋅ 202639348 MLS ⋅ 1,369 SqFt. ⋅ Yu Gao

Freshly updated in the desirable Camelback community and located within the sought-after West Lafayette School District, 415 Trace Four offers convenient, low-maintenance living just minutes from Purdue University, Celery Bog, shopping, dining, golf, and everyday amenities. This two-story condo features 1,369 square feet, two bedrooms, 2.5 baths, and an attached one-car garage. Recent improvements include fresh interior paint throughout and brand-new luxury vinyl plank flooring throughout the entire second floor, staircase, and kitchen. The kitchen features quartz countertops, ample cabinetry, and a brand-new refrigerator. The main level offers a spacious living and dining area highlighted by a vaulted ceiling and an open connection to the upper level, creating an airy and comfortable living space. Upstairs, both bedrooms offer generous storage, along with conveniently located laundry. The hall bath has been refreshed with a brand-new vanity, and new toilets have been installed throughout the home. Step outside to a private patio, or enjoy the conveniences provided by the HOA, including lawn care, snow removal, trash service, and access to the community pool and clubhouse. The roof was also replaced through the HOA approximately one year ago. With its central West Lafayette location, recent interior updates, functional layout, and low-maintenance lifestyle, 415 Trace Four offers an attractive combination of convenience, comfort, and value close to Purdue

415 Trace Four, West Lafayette

Listing courtesy of Yu Gao from Keller Williams Lafayette. Agt: 765-231-6904

$195,000

9 Beds ⋅ 4 Baths ⋅ 202639222 MLS ⋅ 5,000 SqFt. ⋅ Ashley Riordan-Elpers

This Poseyville fourplex offers three revenue generating units offering three 2 bed units and one 3 bedroom unit all with 1 bath. Each unit pays for their own electric and internet and the property is on well water and septic, so minimal monthly overhead for owner. The property has LVP and tiled flooring for easy upkeep. 2018 updates include includes metal roof, heat pumps, AC units and vinyl siding. This property is conveniently located 30 minutes from Toyota and 35 minutes to Evansville. The property is professionally managed currently and occupancy is 100%.

10080 S Koch Dr, Poseyville

Listing courtesy of Ashley Riordan-Elpers from Rental Property Realty.

$385,000

3 Beds ⋅ 2 Baths ⋅ 202639188 MLS ⋅ 1,927 SqFt. ⋅ Lindsey Foster

Enjoy low maintenance living in desirable Hartwood Village! This beautifully maintained 3 bedroom, 2 bath ranch offers 1,927 square feet plus a versatile den or home office. The open concept living area features vaulted ceilings and a striking floor-to-ceiling stone fireplace, creating a warm and inviting centerpiece. The well appointed kitchen includes granite countertops, stainless steel appliances, abundant cabinetry, and a breakfast bar overlooking the dining and living spaces. The spacious primary suite is filled with natural light and offers a customized walk in closet and private bath with dual vanities and a tiled walk in shower. Two additional bedrooms and a full bath are thoughtfully positioned on the opposite side of the home. Outside, relax on the patio overlooking the neighborhood’s expansive common area. An attached two car garage with additional storage and HOA provided lawn care and snow removal complete this move in ready home, conveniently located near Purdue University, shopping, dining, parks, and I-65.

131 Aqueduct Cir, West Lafayette

Listing courtesy of Lindsey Foster from Rose Gold Realty.

$299,000

3 Beds ⋅ 2 Baths ⋅ 202638756 MLS ⋅ 1,400 SqFt. ⋅ Rebecca Rush

Adorable 3 Bedroom, 2 Bath Ranch with Park-Like Backyard on a Quiet Street! Welcome to this beautifully maintained 1,400 sq. ft. home featuring 3 bedrooms, 2 full baths, and a 2-car garage — tucked away on a peaceful street near the cul-de-sac. Step inside to an inviting open-concept living and kitchen area with vaulted ceilings that make the space feel light and airy. The gas fireplace serves as a warm focal point the moment you enter, perfect for cozy evenings. The kitchen is brightened by skylights, making it a cheerful space for everyday meals and entertaining alike. The primary suite is a true retreat, complete with a versatile attached den — ideal as a home office, nursery, exercise room, or whatever fits your lifestyle. All three bedrooms feature walk-in closets, offering plenty of storage. Out back, the fully fenced yard is a private park-like oasis where the sellers have hosted countless family gatherings. Enjoy the mature trees, a pond, and raised garden beds ready for your green thumb. Location is everything here! This walk-friendly neighborhood connects to local trails for morning strolls or bike rides, with a city bus stop nearby for easy commuting. Don't miss this gem — schedule your showing today!

1611 Lionheart Ln, West Lafayette

Listing courtesy of Rebecca Rush from BerkshireHathaway HS IN Realty. Agt: 765-491-0721

$348,600

3 Beds ⋅ 2 Baths ⋅ 202638645 MLS ⋅ 1,746 SqFt. ⋅ Cara McLean-Rolfes

Welcome home to this beautifully maintained 3-bedroom, 2-bath ranch nestled in a newer neighborhood with convenient access to schools, shopping, dining, and interstate travel. This turnkey home offers modern style and thoughtful design throughout, featuring 9-foot ceilings and a desirable split-bedroom floor plan for added privacy. Step inside the spacious foyer and discover an open-concept layout with durable, low-maintenance flooring that flows seamlessly through the main living areas. The inviting great room opens to a stunning kitchen designed for both everyday living and entertaining, complete with a large center island, tile backsplash, stainless steel appliances, under-cabinet lighting, and an oversized walk-in pantry. The private primary suite provides a comfortable retreat, while two additional bedrooms and a full bath offer plenty of space for family, guests, or a home office. Outside, enjoy relaxing on the covered back patio overlooking the fully fenced privacy backyard—perfect for outdoor gatherings, pets, or play. Additional highlights include a spacious 3-car garage, modern finishes throughout, and a move-in-ready condition that makes this home a must-see. Don't miss the opportunity to enjoy newer construction and convenient living in a fantastic location!

926 Kingrail Dr, West Lafayette

Listing courtesy of Cara McLean-Rolfes from Trueblood Real Estate. Agt: 765-714-3569

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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.