Bourbon Homes under $400,000

Welcome to Bourbon, Indiana—a charming small town nestled in the heart of Marshall County, where the warmth of community meets the beauty of rural living. With a population that embraces its rich history and strong family values, Bourbon offers a unique blend of tranquility and convenience, making it an ideal place to call home.

One of the standout features of Bourbon is its affordability. For those seeking to settle in this picturesque town, you’ll be thrilled to discover a variety of homes available for under $400,000. Whether you’re a first-time homebuyer, a growing family, or looking to downsize, Bourbon has something for everyone. From cozy bungalows to spacious family homes, each property is infused with character and charm, often set against the backdrop of beautiful landscapes and friendly neighborhoods.

Living in Bourbon means enjoying a slower pace of life, with easy access to local parks, schools, and community events that foster a strong sense of belonging. Spend your weekends exploring the nearby lakes or indulging in the local dining scene, where you can savor the flavors of Indiana’s heartland. Plus, with major highways just a stone's throw away, you’re never far from the excitement of larger cities like South Bend and Mishawaka.

In Bourbon, you’ll find not just a house, but a place to create lasting memories. Explore the homes available under $400,000 and take the first step toward your dream lifestyle in this delightful Indiana town. Discover the charm of Bourbon—where community spirit and affordable living come together beautifully.

Newest Bourbon Homes under $400,000

$215,000

3 Beds ⋅ 1 Baths ⋅ 202638220 MLS ⋅ 1,480 SqFt. ⋅ Anna Gilsinger

Completely renovated 3-bedroom, 1-bath home in Bourbon, offering modern updates and flexible living space! The main floor features a brand-new kitchen, brand-new bathroom, new flooring, and fresh paint throughout. An upstairs landing provides additional flexibility and could be used as a 4th bedroom, office, or family area. Major improvements include all-new electrical, plumbing, HVAC, and a brand-new metal roof, providing peace of mind for years to come. Situated on a desirable corner lot, this property also offers a 22' x 32' barn/two-car garage, providing excellent space for vehicles, hobbies, storage, or projects. Laundry hookups are located in the breakfast nook area. With extensive updates inside and out, this move-in-ready home is a fantastic opportunity!

308 S Washington St, Bourbon

Listing courtesy of Anna Gilsinger from RE/MAX Results. Cell: 574-274-3469

$385,000

4 Beds ⋅ 2 Baths ⋅ 202638103 MLS ⋅ 2,251 SqFt. ⋅ Anna Gilsinger

Beautifully updated 4-bedroom, 2-full-bath home situated on a spacious acre lot in Triton Schools! This home offers two separate living rooms, providing plenty of space to relax and entertain. The lower-level living area features a cozy fireplace and custom bar area, creating the perfect gathering space. The fully renovated kitchen includes appliances and a dining area. Major updates include a brand-new roof, brand-new two-car detached garage, and brand-new exterior doors. Both full bathrooms were updated in 2019. With generous living space, thoughtful updates, and a desirable one-acre setting, this property offers the perfect combination of comfort, functionality, and country living while remaining conveniently located in the Triton School District. Washer and dryer not included.

12406 Cedar Rd, Bourbon

Listing courtesy of Anna Gilsinger from RE/MAX Results. Cell: 574-274-3469

$185,000

3 Beds ⋅ 2 Baths ⋅ 202638005 MLS ⋅ 1,040 SqFt. ⋅ Mandy Campbell

Are you looking for a home for sale in the heart of Bourbon? You will want to see this one. Home sits on a corner lot in town with a 2 car detached garage. 3 bedrooms and location makes this home a must see!

107 N Thompson St, Bourbon

Listing courtesy of Mandy Campbell from RE/MAX Aspire.

$297,000

4 Beds ⋅ 2 Baths ⋅ 202637146 MLS ⋅ 2,889 SqFt. ⋅ Anna Gilsinger

Beautifully updated 4-bedroom, 2-full-bath home conveniently located near Triton Schools! Offering both a spacious living room and family room, there is plenty of room to relax, gather, and entertain. Recent updates include fresh paint, new flooring, updated light fixtures, and too many other updates to list! The property also features an updated HVAC system and fenced yard. Situated on a beautiful, scenic lot, the property features a convenient U-shaped driveway providing easy access on and off Shaffer Road.

501 Shaffer Rd, Bourbon

Listing courtesy of Anna Gilsinger from RE/MAX Results. Cell: 574-274-3469

$195,000

3 Beds ⋅ 1 Baths ⋅ 202634844 MLS ⋅ 1,448 SqFt. ⋅ Anna Gilsinger

Charming 3-bedroom, 1-bath home situated on a corner lot with plenty of outdoor space. The main level features a spacious bedroom, convenient laundry, and an impressive living/dining area with cathedral ceiling that creates an open, airy feel. The galley-style kitchen offers efficient functionality, while the small unfinished basement provides additional storage. Outside, enjoy the large, fenced backyard and deck overlooking the yard, perfect for relaxing or entertaining. A two-car garage adds convenience and storage. Bring your vision and a little elbow grease to unlock this home's potential and build equity. Possible short sale; all terms and conditions subject to lender approval.

107 E Sunset Dr, Bourbon

Listing courtesy of Anna Gilsinger from RE/MAX Results. Cell: 574-274-3469

$210,000

2 Beds ⋅ 3 Baths ⋅ 202631963 MLS ⋅ 4,667 SqFt. ⋅ Kelly Wentzlof

Outstanding mixed-use investment opportunity! This move-in-ready commercial building offers exceptional flexibility with a retail/office storefront plus two income-producing apartments. New updates within the past five years with updated flooring, paint, updated electrical and plumbing, mini split in ground level unit and a newer water heater for the upper unit. The spacious upper-level one-bedroom apartment features soaring ceilings, abundant natural light, a full kitchen, and a full bath with a Jacuzzi tub. The main-level one-bedroom includes private front and rear entrances, a full kitchen with appliances, full bath, and in-unit washer and dryer. Maximize your investment by maintaining both rental units, creating additional commercial space, or operating your business downstairs while living upstairs. Perfect for investors, entrepreneurs, or owner-occupants seeking multiple income opportunities. High-visibility location, endless possibilities, and immediate income potential make this a property you won’t want to miss!

112 N Main St, Bourbon

Listing courtesy of Kelly Wentzlof from Milestone Realty, LLC. Cell: 574-532-1332

$285,000

2 Beds ⋅ 2 Baths ⋅ 202623397 MLS ⋅ 1,549 SqFt. ⋅ Anna Gilsinger

Beautifully landscaped, this property features gorgeous mid-century modern limestone details and has two bedrooms, and two full baths. Situated on 1.25 acres., this home offers maximum living space for hosting and an expansive back yard for hobbies. An updated bath features custom tile and a soaker tub while the spacious kitchen has island seating and a large dining area. Other practical features include a built-in desk, limestone fireplaces for additional heat sources, a spacious patio, a 12’ x 24’ barn, and large, attached garage/carport combination. This rare ranch is located in Triton schools with quick access to US 30 for an easy commute.

1336 Lincoln Hwy, Bourbon

Listing courtesy of Anna Gilsinger from RE/MAX Results. Cell: 574-274-3469

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Updated . Information deemed reliable but not guaranteed.

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.