Warsaw Homes under $200,000

**Discover Warsaw, Indiana: Your Next Home Awaits!**

Nestled in the heart of Kosciusko County, Warsaw, Indiana, is a charming city that beautifully blends small-town warmth with vibrant community spirit. Known as the "Orthopedic Capital of the World," Warsaw boasts a rich history and a thriving economy, making it an ideal place for families, professionals, and retirees alike. With scenic lakes, lush parks, and a plethora of recreational activities, residents enjoy a high quality of life surrounded by nature’s beauty.

One of the most appealing aspects of Warsaw is its diverse real estate market, particularly for those seeking affordable options. If you’re on the lookout for homes under $200,000, you’re in luck! Warsaw offers a variety of charming properties that cater to different lifestyles and preferences. From cozy single-family homes to inviting townhouses, there’s something for everyone in this welcoming community.

Imagine sipping your morning coffee on a sunny porch or hosting weekend barbecues in your spacious backyard. With homes priced under $200,000, you can find a property that not only fits your budget but also meets your needs. Plus, Warsaw’s strong sense of community and excellent schools make it a fantastic place to raise a family or settle down.

Explore the possibilities that await you in Warsaw, Indiana. With its affordable housing options and a community that feels like family, your dream home is just around the corner. Don’t miss out on the chance to make this charming city your new home!

Newest Warsaw Homes under $200,000

$175,500

3 Beds ⋅ 2 Baths ⋅ 202637935 MLS ⋅ 948 SqFt. ⋅ Greg Harden

Investors or Single Family home. Currently rented, this is a Beautiful, excellently maintained and updated Three Bedroom One-and-a-Half Bathroom Home with Heated Garage! Lots of quality in this one ~ City Assessors say it's updated to be considered effectively 40 years newer! Master Bedroom has private half-bath. Most of the interior was prepped and painted just this year, New Thermostat this year. New Kitchen Cabinets, Backsplash, Countertop, Lighting, Sink, Range Hood, new vinyl plank Flooring thoughout the home, June 2023. Kitchen Faucet, Whirlpool Gas Stove, Whirlpool Refrigerator, Kitchen Sink, Replaced Window Blinds, Trim, Doors all NEW in 2020. Brick Paver Patio and Gravel in 2021. In the last 10 years or so, installed Harbor Breeze Ceiling Fan in living room, Larson Storm Door and Kitchen door, New Bathroom Exhaust Fan, Bathroom Walls done in Paneled-look, New Toilet, and Bathroom Door widened. Three Bedroom Windows replaced in '05. All plumbing enclosed behind Washer and Dryer area including option Hookups for Gas or Electric dryer - You choose! Heated Garage with additional storage in attic is solid-panelled for efficiency - work all winter, even when it's coldest! New Roof 2010.

501 S Morton St, Warsaw

Listing courtesy of Greg Harden from RE/MAX Results. Cell: 574-253-2415

$180,000

2 Beds ⋅ 1 Baths ⋅ 202637813 MLS ⋅ 918 SqFt. ⋅ Savannah Lopez

Welcome home to this cute-as-can-be 2-bedroom, 1-bath bungalow near downtown Warsaw! Freshly painted inside and out, this charming home has a bright, welcoming feel with timeless colors, updated lighting, and vinyl plank flooring throughout. The refreshed kitchen brings plenty of personality with refinished cabinets, new countertops, and a stylish tile backsplash. Just off the kitchen, the remodeled bathroom continues the clean, updated look. The home is as practical as it is cute, with newer windows (2024), central air (2024), a furnace (2020), and a black metal roof (2025) providing peace of mind for years to come. New shutters, updated soffit and fascia, and a fresh exterior give it great curb appeal. Downstairs, the large full basement offers plenty of storage and room to make it your own. An attached 1-car garage complete the package. Charming, thoughtfully updated, and truly move-in ready, this may just be the cutest home on the market!

317 W Smith St, Warsaw

Listing courtesy of Savannah Lopez from The Gingerich Group.

$140,000

4 Beds ⋅ 1 Baths ⋅ 202636298 MLS ⋅ 1,504 SqFt. ⋅ Charles Mills

This home is located near the downtown for easy shopping. The home has a new steel roof 3 years old, new kitchen(upper cabinets not installed still in the boxes), new microwave hood still in the box. This is an opportunity to finish the installations and enjoy a good home.

910 E Market St, Warsaw

Listing courtesy of Charles Mills from Homes Land & Lakes Realty.

$99,900

3 Beds ⋅ 1 Baths ⋅ 202630400 MLS ⋅ 1,788 SqFt. ⋅ Tyler Dohner

Where Historic Charm and Everyday Elegance Align. Timeless character meets refined comfort in this beautifully maintained 3-bedroom, 1-bath residence, offering 1,252 square feet of thoughtfully designed living space with additional versatility in the partially finished basement, bringing the total usable area to 1,788 square feet. Originally built in 1910, this home showcases enduring craftsmanship while benefiting from tasteful updates that enhance everyday living. The warm and inviting interior features seven well-proportioned rooms, abundant natural light, and a functional layout ideal for both relaxation and entertaining. The partially finished basement provides endless possibilities—perfect for a private retreat, home office, or additional living area. Set on a platted lot spanning 4,356 square feet, the property includes a detached garage offering convenient off-street parking and storage. The home is serviced by public water and sewer, with gas-forced air heating ensuring comfort year-round. Located within the established Hood & Britton Addition, this residence offers a rare blend of classic charm, manageable outdoor space, and long-term value—an exceptional opportunity for discerning buyers seeking character, comfort, and potential.

415 S Buffalo St, Warsaw

Listing courtesy of Tyler Dohner from CENTURY 21 Bradley Realty, Inc. Cell: 260-246-1298

$185,000

2 Baths ⋅ 202514114 MLS ⋅ 1,976 SqFt. ⋅ Julie Kline

Commercial Building/Investment Property Move In Ready Great Location - High Visibility Would be perfect for offices or retail or a rental property

302 E Winona Ave, Warsaw

Listing courtesy of Julie Kline from Integrity Real Estate.

$139,900

3 Beds ⋅ 1 Baths ⋅ 202630961 MLS ⋅ 1,500 SqFt. ⋅ Brian Peterson

In-town Warsaw investment opportunity. Currently zoned C-4 and ready for your ideal investment goals. Previously a rental, sits on a corner lot with an attached garage. Main level offers a large living room, eat-in kitchen, bath, laundry, and bedroom. Upstairs, two spacious bedrooms and an unfinished attic. Home will not qualify for FHA/USDA/VA due to foundation cracks/settling.

314 W Winona Ave, Warsaw

Listing courtesy of Brian Peterson from Brian Peterson Real Estate.

$168,000

2 Beds ⋅ 1 Baths ⋅ 202625479 MLS ⋅ 604 SqFt. ⋅ Dave Blackwell

Significant Price Reduction! Seller receptive to paying towards Buyer's Closing Costs and/or Interest Rate Buy-Down! Immediate possession available with this year around 2 bedroom lake area bungalow only 200 feet from the neighborhood lakefront park area with concrete patio and fire ring offering pier space on Big Barbee Lake! Open floor plan with lake themed knotty pine interior and glass slider from the dining area leading to the wood deck with bench seating. Amenities include: new roof shingles, vinyl siding, insulated windows, central AC, modern breaker box, newer 4 inch well, regional sewer district connection, patio area, storage shed and off street parking. Lakefront association area ($300 per year) offers a concrete seawall, sandy swimming, pier slip and panoramic views of the lake. The Barbee chain-of-lakes is 7 interconnected lakes of which Big Barbee (304 acres) is an all-sport lake. The Barbee Lakes are well known for muskie fishing along with bluegill, largemouth bass, perch, catfish and crappie. A great location within close proximity to local lake area diners. Whether you're looking for a seasonal retreat or year around lake area living, this is an affordable way to get on the water.

16 Ems B57 Ln, Warsaw

Listing courtesy of Dave Blackwell from Blackwell Real Estate. Cell: 574-453-8143

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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.