Princeton Homes under $150,000

Welcome to Princeton, Indiana – a hidden gem nestled in the heart of Gibson County! Known for its charming small-town atmosphere, Princeton offers a delightful blend of rich history, vibrant community spirit, and an abundance of outdoor activities. With its picturesque parks, friendly neighborhoods, and a strong sense of community, it’s no wonder that families and individuals alike are drawn to this lovely city.

For those seeking affordable housing options, Princeton stands out with an impressive selection of homes priced under $150,000. Whether you’re a first-time homebuyer, looking to downsize, or seeking an investment opportunity, Princeton provides a variety of charming residences that fit your budget. From cozy bungalows to spacious family homes, the real estate market in this city offers something for everyone.

Imagine settling into a welcoming neighborhood where neighbors become friends, and local events bring the community together. With easy access to local shops, restaurants, and parks, Princeton is ideal for those who appreciate the conveniences of small-town living. Plus, the city’s rich cultural heritage is reflected in its historic downtown area, where you can explore quaint boutiques and savor delicious local cuisine.

In Princeton, you’ll find not just a house, but a place to call home. With homes under $150,000, you can enjoy the charm of this Indiana city without breaking the bank. Discover the perfect blend of affordability and community in Princeton – your dream home awaits!

Newest Princeton Homes under $150,000

$142,000

3 Beds ⋅ 2 Baths ⋅ 202640987 MLS ⋅ 1,693 SqFt. ⋅ Brian Ellis

A ton of value for the size, square footage, and price! This spacious 3-bedroom home features a brand-new roof, new furnace and A/C, a new main plumbing supply line, new PEX plumbing, updated flooring, and newer fixtures. The main level offers two bedrooms, a full bath, living room, kitchen, and a large laundry area. Upstairs features an additional bedroom, half bath, small kitchen area, and two large bonus rooms that offer plenty of flexibility for an office, playroom, storage, or additional living space. Outside, you’ll also find a nice storage shed and plenty of shade. With major mechanical and plumbing updates already completed, this property offers a lot of space and potential.

301 E Monroe St, Princeton

Listing courtesy of Brian Ellis from F.C. TUCKER EMGE. Office: 812-386-6200

$100,000

2 Beds ⋅ 1 Baths ⋅ 202635583 MLS ⋅ 1,199 SqFt. ⋅ Charlene Schile

Welcome home to this charming farmhouse filled with character and a comfortable, easy-flowing floor plan. Inside, you’ll find two bedrooms with beautiful wood flooring, a cozy living room, separate dining room, kitchen, and full bath. Enjoy relaxing on the inviting front porch or spending time in the privacy-fenced backyard—perfect for pets, entertaining, gardening, or simply enjoying your own outdoor space. A detached one-car garage provides additional parking and storage. With a new roof, all appliances included, and plenty of classic farmhouse charm, this Princeton home is ready for its next owner to make it their own!

1020 S Seminary St, Princeton

Listing courtesy of Charlene Schile from Key Associates Signature Realty. Cell: 812-774-7193

$112,900

1 Beds ⋅ 1 Baths ⋅ 202635383 MLS ⋅ 840 SqFt. ⋅ Josh Meeks

This beautifully updated, spacious 1-bedroom home boasts a large, modern kitchen complete with new cabinets, sleek updated countertops, and stainless steel appliances. Enjoy an expansive living area, a generous primary suite with a private bath, and a functional mudroom/utility space. Outside features a welcoming covered front porch, off-street parking in both the front and back, and a massive, fully fenced backyard equipped with a handy yard barn. With extensive recent updates, this turnkey home is ready for you to move in and relax!

608 S Stormont St, Princeton

Listing courtesy of Josh Meeks from MEEKS REALTY. Office: 812-386-6777

$149,900

2 Beds ⋅ 2 Baths ⋅ 202633073 MLS ⋅ 1,556 SqFt. ⋅ Anita Waldroup

Beautifully refreshed and maintained, this turnkey gem is ready for its next owner! Gently lived in by only one couple, this home features a highly desirable split-bedroom layout boasting two complete primary suites, each with its own private, full bathroom for ultimate privacy. The heart of the home is a spacious eat-in kitchen and a dedicated laundry room, both boasting brand-new flooring and abundant shelving for all your storage needs. Relax or entertain in the extra-large living room, which flows seamlessly into a charming screened-in porch overlooking the backyard. Recent updates offer true peace of mind: a new water heater, kitchen updates, bathroom remodels, a recently serviced HVAC, & home professionally cleaned. Best of all, skip the appliance shopping—the seller is including all everything, even the washer and dryer! Property is being sold AS-IS. For Peace of Mind Owners are providing a 2-10 Supreme Home Buyers Warranty for your 1st year.

314 N Race St, Princeton

Listing courtesy of Anita Waldroup from F.C. TUCKER EMGE. Office: 812-386-6200

$149,900

2 Beds ⋅ 2 Baths ⋅ 202634424 MLS ⋅ 1,072 SqFt. ⋅ James Chappell

WONDERFUL PROPERTY ON .7 ACRES. THIS SINGLE WIDE HOME HAS 2 BEDROOMS AND 2 BATHROOMS AND IS VERY WELL TAKEN CARE OF. THE YARD HAS A VERY SECLUDED FEEL YET IS ONLY A FEW MINUTES FROM TOWN. THIS PROPERTY ALSO FEATURES A SECOND LIVING QUARTERS, A 768 SQ FT POLE BARN STYLE HOME THAT HAS A KITCHEN/ LIVINGROOM COMBO WITH 1 BEDROOM 2 BATHS. SO ENJOY THE PRIVATE DECK OVERLOOKING COUNTRY FIELDS.

1849 Dunlap Dr, Princeton

Listing courtesy of James Chappell from Mission Real Estate Group Inc..

$84,900

2 Beds ⋅ 1 Baths ⋅ 202633029 MLS ⋅ 1,064 SqFt. ⋅ Sara Wibberley

Welcome to 225 S Gibson St, a cozy single-story home packed with timeless appeal and great potential! Featuring classic vintage touches throughout—including lovely arched doorways and original interior wood doors—this home offers a warm, nostalgic feel from the moment you step inside. Beautiful original hardwood floors run through the space, ready to shine. While cozy in size and in need of a little TLC, this home provides a solid foundation and fantastic opportunity for first-time buyers, downsizers, or investors looking to add their own personal touch. It has a large covered back porch—perfect for relaxing, entertaining, or enjoying morning coffee out of the elements. Includes off-street parking and a detached garage for additional vehicle space or workshop potential. Conveniently situated in Princeton, close to local amenities, schools, and downtown. Bring your design ideas and make this charming property your own!

225 S Gibson St, Princeton

Listing courtesy of Sara Wibberley from Fathom Realty IN, LLC. cell: 812-470-7044

$138,900

2 Beds ⋅ 1 Baths ⋅ 202630807 MLS ⋅ 840 SqFt. ⋅ Kaci Miller

Move-in ready with major updates already completed! This charming 2-bedroom, 1-bath Princeton home combines the character of 10-foot ceilings and a welcoming front porch with updates buyers will appreciate, including an updated kitchen, newer HVAC, and 200-amp electrical service. Natural light and tall ceilings help the main living areas feel bright and spacious, while the generously sized primary bedroom offers plenty of room for larger furniture. Don't let the square footage fool you—the home also features a full basement, providing an abundance of additional storage and usable space. Outside, enjoy a screened-in porch, level backyard, and convenient off-street parking. A great option for buyers looking for an updated, manageable home with character and plenty of storage!

1008 S Race St, Princeton

Listing courtesy of Kaci Miller from Acclaim Realty Group. Cell: 812-319-6648

$30,000

3 Beds ⋅ 2 Baths ⋅ 202608350 MLS ⋅ 1,624 SqFt. ⋅ Diana Arnold

Two story home on nice size city lot. The home has 3 bedrooms and 2 full bathrooms, living room, dining room, kitchen and basement. The home does need some TLC. -All offers from interested buyers must be entered online at www.auction.com for the duration of the time that this property is in auction. Registration to bid is now available on the property's listing page on www.auction.com

610 W State St, Princeton

Listing courtesy of Diana Arnold from ARNOLD REAL ESTATE N. Cell: 812-881-8510

$64,900

2 Beds ⋅ 1 Baths ⋅ 202627745 MLS ⋅ 780 SqFt. ⋅ Shannon Kendle

Whether you're looking for your next investment property, a renovation project, or an affordable place to make your own, this 2 bed, 1 bath home offers plenty of potential. One of the biggest improvements has already been completed with a roof that's only approximately two years old, giving the next owner added peace of mind. The fenced backyard provides a great space for pets, children, gardening, or simply relaxing outdoors. Conveniently located near schools, parks, shopping, and other everyday amenities, this home offers a great combination of value and opportunity. Bring your ideas and transform this property into the home you've been envisioning or a great addition to your investment portfolio. Sold as-is, this home is priced to reflect its potential while giving buyers the chance to build equity through their own updates and improvements.

901 E State St, Princeton

Listing courtesy of Shannon Kendle from Key Associates Signature Realty. Cell: 812-549-8455

$119,900

2 Beds ⋅ 1 Baths ⋅ 202630267 MLS ⋅ 987 SqFt. ⋅ Robert Meeks

Very nice and clean two bedroom one bath home with many nice features. New metal roof, soffit, and gutters in 2019. Chain link fenced back yard. New gas furnace and central air in 2021.Nice back Patio. Off street parking for 5-6 autos. A large two car metal garage fully insulated with heat and air, could be converted to an apartment. New under ground water, gas, and sewer lines with a sewer clean out port. This Home features a very nice covered front porch, both bedrooms are large with his and hers closets, an eat in kitchen with a gas stove, separate washer and dryer room area with electric hookups, nice pantry area, replacement windows, vinyl siding, and new water proof wood laminate flooring, part basement with wide strong steps. Garage is very well insulated with heat and air. very nice home.

1118 S Prince St, Princeton

Listing courtesy of Robert Meeks from MEEKS REALTY. Office: 812-386-6777

$144,000

2 Beds ⋅ 1 Baths ⋅ 202622737 MLS ⋅ 1,076 SqFt. ⋅ Ray Stallings

Move right into this well-maintained 2-bedroom, 1-bath home in Princeton! Featuring spacious bedrooms, including one with a double closet, a large eat-in kitchen, and beautiful hardwood floors, this home offers comfort and functionality throughout. Improvements include replacement windows, updated wiring, fresh interior updates, a new central air unit, and a metal roof for added peace of mind. Enjoy outdoor living from the covered front porch or the covered rear patio with a partially fenced backyard. The detached 1-car garage provides additional storage, while off-street parking offers everyday convenience. The refrigerator and gas range are included.

408 E Water St, Princeton

Listing courtesy of Ray Stallings from DHI Realty Inc.

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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.