Osceola Homes under $400,000

Welcome to Osceola, Indiana—a charming community that perfectly blends small-town charm with modern convenience. Nestled just a stone's throw from South Bend, Osceola offers residents a peaceful lifestyle while still providing easy access to urban amenities. This delightful town is known for its friendly atmosphere, well-maintained parks, and a strong sense of community, making it an ideal place to call home.

One of the most appealing aspects of Osceola is its diverse real estate market, particularly for those seeking homes under $400,000. Here, you'll find a variety of options that cater to families, first-time buyers, and anyone looking to invest in a welcoming neighborhood. From cozy single-family homes to spacious townhouses, Osceola offers properties that provide both comfort and affordability.

Living in Osceola means enjoying a wealth of local amenities, including excellent schools, vibrant local shops, and beautiful parks perfect for outdoor activities. The community hosts various events throughout the year, fostering a sense of belonging and connection among residents. Plus, with its proximity to South Bend, you can easily explore cultural attractions, dining, and entertainment options just a short drive away.

If you’re searching for a place that combines the tranquility of suburban life with the convenience of city access, Osceola is the perfect destination. With homes available under $400,000, now is the ideal time to discover everything this delightful town has to offer. Come and explore your future in Osceola—where community spirit and affordable living await!

Newest Osceola Homes under $400,000

$214,900

2 Beds ⋅ 1 Baths ⋅ 202640403 MLS ⋅ 848 SqFt. ⋅ Jennifer Kerrn

Everything new, plus an amazing location is what you will find at 55029 Cedar Trail in Osceola. This 2 bedroom, 1 bath home is situated on a large, level, .76 acre lot and features so many updates that you will fall in love. The functional layout gives a spacious feel to this home, and the amazing backyard with large deck and pergola give this home even more space to enjoy. Updates to this home since 2024 include a metal roof, furnace, air conditioner, gutters, windows, siding, sliding door, and decks.

55029 Cedar Trl, Osceola

Listing courtesy of Jennifer Kerrn from Keller Williams Realty Group. teamkerrn1@gmail.com

$244,900

2 Beds ⋅ 1 Baths ⋅ 202640231 MLS ⋅ 864 SqFt. ⋅ Paul Thurston

This fully updated ranch offers a comfortable and functional layout with an open, flowing floor plan and plenty of features to appreciate. Inside, you’ll find all-new premium vinyl plank flooring throughout, creating a fresh, cohesive feel in the living spaces. The beautiful white kitchen features a tile backsplash and abundant counter space for meal preparation. Convenient main-level laundry adds to the home’s everyday functionality. Outside, enjoying the neighborhood activitites on the front porch and fenced-in yard, perfect for relaxing, entertaining, or enjoying some outdoor space. An attached 2-car garage provides convenient parking and additional storage. Located in the award-winning Penn-Harris-Madison School District, this home also offers easy access to shopping, dining, and the US 20 Bypass.

708 W Superior St, Osceola

Listing courtesy of Paul Thurston from Open Door Realty, Inc. Cell: 574-993-5858

$385,000

3 Beds ⋅ 4 Baths ⋅ 202639871 MLS ⋅ 2,031 SqFt. ⋅ Dennis Bamber

THIS UPDATED, MOVE-IN READY HOME HAS IT ALL-1/2+ ACRE LOT, PLUS A 40' X 60' HEATED POLE BARN. This well-maintained property features 3 bedrooms, 2 full baths, 2 1/2 baths, and is located in the PENN SCHOOL DICTRICT. The main level offers a kitchen with an abundance of cabinetry, a walk-in pantry, dual sinks, built-in microwave, and countertop seating, flowing into a dining area that walks out to the patio. The living room features hardwood floors, a gas fireplace, and a ceiling fan, and there's a separate dining room plus a convenient main-level laundry with a half bath. The primary suite includes a large walk-in closet and a private bath with tub/shower. Two additional bedrooms offer hardwood floors, ceiling fans, and walk-in closets, sharing a full bath. The partially finished lower level adds flexible space: a finished theater/family room with built-in shelving, a second finished office room, a half bath, and a large storage/utility area. Outside, the standout feature is the pole barn with a cement floor and floor drain, two finished office rooms, two overhead doors including a 14'-high RV-sized door, 14' to the beam and 24' to the peak. There's also a 24'x26' attached garage, a fenced area, patio, and a basketball court. A solid, functional home with exceptional storage, workspace, and a fully heated shop — ready for its next owner.

1225 W Rogers St, Osceola

Listing courtesy of Dennis Bamber from Cressy & Everett- Elkhart. Cell: 574-532-3808

$299,000

3 Beds ⋅ 2 Baths ⋅ 202639340 MLS ⋅ 1,308 SqFt. ⋅ Stephen Dregits

Sitting on nearly 3/4 of an acre, this updated ranch offers an open-concept main living space featuring updated flooring, modern fixtures, an electric fireplace, and a large center island built for entertaining. A thoughtful split-bedroom floor plan positions the primary suite on one side of the home, with two additional bedrooms and an updated second full bath on the opposite side. The main level laundry provides convenience. Head outside to enjoy the fully fenced backyard. Located in the diserable PHM school district!

54551 Ash Rd, Osceola

Listing courtesy of Stephen Dregits from R1 Property Group LLC.

$384,900

4 Beds ⋅ 3 Baths ⋅ 202639086 MLS ⋅ 2,076 SqFt. ⋅ Eric Bomkamp

Welcome home to this 4-bedroom beauty in the Penn school district. The kitchen is the heart of the home, with a large island that works for meal prep, morning coffee, or gathering with friends. Step outside to the covered porch, where you can relax in any weather and enjoy a quiet evening. Upstairs, the bedrooms share the floor with a convenient second-floor laundry, so there's no more hauling baskets up and down the stairs. The partially finished basement adds flexible space, including an additional bedroom, and leaves room to finish the rest to your own vision. Guest suite, home office, or media room, the choice is yours. Thoughtfully laid out and move-in ready, this home is a must-see. Schedule your private showing today.

5503 Bay Char Ct, Osceola

Listing courtesy of Eric Bomkamp from Irish Realty. eric.bomkamp@irishrealty.net

$299,900

3 Beds ⋅ 2 Baths ⋅ 202638737 MLS ⋅ 1,952 SqFt. ⋅ Tyler Glenn

Lovely 3 Bed 2 Bath ranch in Penn schools! This home features an open floor plan, an ensuite bathroom, and a gas log fireplace in the living room to enjoy on cold days. Basement has been partially finished with a large rec/living room, and separate office/hobby room. Basement also has plenty of room for storage including built-in shelves. The backyard is fully fenced with a deck covered by a pergola, a boxed garden, and a shed for all your yard equipment. All appliances are included in the sale.

10021 Ashwood Forest Dr, Osceola

Listing courtesy of Tyler Glenn from Tiffany Group Real Estate Advisors LLC.

$239,000

3 Beds ⋅ 2 Baths ⋅ 202638731 MLS ⋅ 1,748 SqFt. ⋅ David Goodrich

Brick and Vinyl 1300 square feet ranch in Penn School district. Three Bedroom and two full baths and newer addition with vaulted ceiling and expanded kitchen. Hardwood floors in original areas. Finished lower level with brick bar and wall. Updated windows, furnace and water heater newer in last 12 years. Septic updated in 2019. Oversize 24 by 24 two car detached garage with opener and insulated walls. Chain link fenced rear yard with 10 by 12 Storage Shed. Extra concrete for RV parking.

55170 Barksdale St, Osceola

Listing courtesy of David Goodrich from Hallmark Real Estate, Inc.. Cell: 574-286-0340

$139,000

1 Beds ⋅ 1 Baths ⋅ 202638700 MLS ⋅ 592 SqFt. ⋅ Layla Raven

Located in the Penn School District, this 1-bedroom home features a newly renovated kitchen and bathroom, plus a new washer and dryer. Mechanical updates include a high-efficiency tankless water heater and a high-efficiency water softener. The home has a 2-year-old metal roof, a 2-stall garage, and sits on nearly a quarter-acre lot. Exterior electrical has also been updated for added reliability.

211 E Louis St, Osceola

Listing courtesy of Layla Raven from Berkshire Hathaway HomeServices Northern Indiana Real Estate. 574-284-2600

$289,000

4 Beds ⋅ 2 Baths ⋅ 202637770 MLS ⋅ 2,377 SqFt. ⋅ Kate Basham

Welcome home! This spacious 4-bedroom, 2-bath home in PHM school district offers the room, storage, and flexibility you've been looking for, with all the added convenience of a 2-stall attached garage with a basement. The main level features a functional layout with 4 bedrooms and 2 full baths, providing plenty of space. The basement is partially finished and offers even more usable space with the opportunity to create a family room, recreation area, home gym, office, or, if some work is done, an additional bedroom. With its generous bedroom count, 2 full baths, partially finished basement, and oversized garage, this home offers excellent value and plenty of opportunity to make it your own. Come see the possibilities and make this one yours!

54949 Ash Rd, Osceola

Listing courtesy of Kate Basham from St. Joseph Realty Group. kate@baronmg.com

$329,000

4 Beds ⋅ 3 Baths ⋅ 202637228 MLS ⋅ 2,458 SqFt. ⋅ Rocky Verteramo

Check out this 4-bedroom, 2.5-bath home located in popular Penn School District! Conveniently located not only to schools, but also to nearby shopping and restaurants. This home is in an ideal spot! The front porch immediately welcomes you inside, where you’ll find a nice-sized living area with a gas fireplace and semi-open dining/kitchen space. Upstairs, you'll find 3 bedrooms and a huge 4th bedroom/bonus room, which could easily be used as a flex space to fit your other needs**, as well as 2 full bathrooms. The basement is mostly finished and offers additional living space and a laundry room, while still leaving plenty of space for storage. Out back is a fenced-in yard and nice deck, perfect for enjoying the warmer months. This is a great home that will go quickly; schedule your showing today!

55051 Andrew Ln, Osceola

Listing courtesy of Rocky Verteramo from Keller Williams Realty Group. rocky@rockyverteramo.com

$307,000

3 Beds ⋅ 2 Baths ⋅ 202635431 MLS ⋅ 1,280 SqFt. ⋅ Shelly Mobus

Welcome home to this updated 3-bedroom, 2 full bath ranch in a great Osceola location! With so many of the big updates already completed, this home is ready for you to move in and make it your own. Step inside to find fresh updates throughout, including new flooring, new appliances, and new windows. Even more peace of mind comes with a new roof, gutters and downspouts, new septic system, and more! The full basement offers plenty of additional space and potential, whether you envision a family room, home gym, office, hobby area, or simply great storage. Located in the PHM School District with convenient access to both St. Joseph and Elkhart Counties, you'll love being close to shopping, dining, schools, and everyday conveniences while still enjoying the feel of Osceola living. Updated, move-in ready, and full of possibilities. This is one you'll want to see!

10735 Dunn Rd, Osceola

Listing courtesy of Shelly Mobus from McKinnies Realty, LLC Elkhart. Cell: 574-993-6364

$229,900

3 Beds ⋅ 2 Baths ⋅ 202632427 MLS ⋅ 1,176 SqFt. ⋅ Drew Overmyer

Move-In Ready in PHM School District! Welcome home to 10601 Toledo Avenue, Osceola, where comfort, space, and updates come together on a beautiful 0.62-acre lot. This well-maintained 3-bedroom, 2-bathroom home is located in the highly sought-after PHM School District and is truly ready for its next owner. Step inside to find brand-new paint and carpet throughout, creating a fresh, inviting atmosphere. The updated kitchen features modern finishes and includes the appliances, making it easy to settle in from day one. With a functional layout and spacious living areas, this home is perfect for everyday living and entertaining. Outside, you'll love the expansive backyard, offering plenty of room for kids, pets, gardening, or future outdoor living spaces. For added peace of mind, the home also features a brand-new septic system, so you can move in with confidence knowing the major updates have already been completed. If you're looking for a home that combines a fantastic location, generous outdoor space, and true move-in-ready condition, this is one you won't want to miss. Schedule your showing today!

10601 Toledo Ave, Osceola

Listing courtesy of Drew Overmyer from At Home Realty Group. Cell: 574-299-3184

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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.