Indianapolis Homes with Finished Basement

Indianapolis Homes with Finished Basement

Welcome to Indianapolis, Indiana – a vibrant city that beautifully blends rich history with modern living. As the capital of Indiana and the heart of Marion County, Indianapolis boasts a diverse array of neighborhoods, each with its own unique charm and character. From the bustling downtown area filled with cultural attractions to the serene suburban communities, there’s something for everyone in this dynamic city.

One of the standout features of homes in Indianapolis is the availability of properties with finished basements. These versatile spaces provide endless possibilities, whether you envision a cozy family room, a home office, or an entertainment haven for hosting friends and family. Imagine having a dedicated area for movie nights, game days, or even a personal gym right beneath your feet! Finished basements not only enhance your living space but also add significant value to your home, making them a sought-after feature in the Indianapolis real estate market.

Living in Indianapolis means enjoying a rich tapestry of experiences. With a thriving arts scene, renowned sports teams, and an array of parks and recreational areas, residents have access to a lifestyle that is both active and culturally enriching. The city’s affordable housing market, combined with its welcoming community atmosphere, makes it an ideal place to call home.

Explore the endless possibilities of owning a home with a finished basement in Indianapolis – where comfort, convenience, and creativity come together to create the perfect living environment for you and your family. Discover your dream home in this charming city today!

Newest Indianapolis Homes with Finished Basement

3 Beds ⋅ 3 Baths

Welcome to 4720 Caroline ST, INDIANAPOLIS, IN, USA! This completely remodeled 3 bedroom, 3 full bath, single-family residence, originally built in 1925, is practically a brand-new home wrapped in classic charm. With a cozy 1584 square feet of interior living space, it's been so thoroughly updated inside and out, with a walk out basement perfect for a roommate or in-law suite! Step into the kitchen, featuring sleek stainless steel appliances and a handy quartz peninsula. It's the perfect spot for whipping up gourmet meals or just spreading out your morning cereal. New Roof, windows, sewer line, gutters, some siding, floor plan change, plumbing, electrical and so much more. Yes, there are 2 laundry areas. One on the main level and one in the basement for the guest suite. When it's time to unwind, in one of 3 full bathrooms. And for ultimate convenience, at not one of the three cheerful bedrooms but 2 come with its very own ensuite bathroom, making morning routines a breeze. Beyond the walls, you'll discover a lovely private yard with a cedar privacy fence, a perfect patch of green for outdoor fun, and a welcoming porch, just waiting for your rocking chair and a tall glass of lemonade. This 5184 sq ft lot is a delightful canvas for your outdoor dreams. Ready to add your chapter to this playful pad? Come see what makes this fully updated home so utterly irresistible!

4720 Caroline Street, Indianapolis

Listing courtesy of Homeward Bound Realty LLC.

4 Beds ⋅ 4 Baths

What if your city house came with 4,000+ square feet, downtown skyline views...and chickens? . Welcome to one of those Indianapolis homes that refuses to be boring. Originally built in 1915 and completely reimagined for modern living, this massive 4-bedroom, 3.5-bath home delivers approximately 4,048 square feet across FOUR levels-including a finished basement and finished attic-giving you room to work, host, hide from everyone, or finally have that hobby room you keep talking about. Inside, historic Indianapolis character meets a fresh, modern renovation. The updated kitchen brings the good stuff: stainless steel appliances, custom range hood, wine cooler, oversized island with sink and an open layout that actually makes sense for entertaining. Multiple living spaces mean everyone gets somewhere to land, while the upper levels offer even more flexibility for an office, studio, playroom, workout space or guest retreat. Outside? A fenced backyard, mature trees, covered porch, balcony, detached 2-car garage...and yes, your very own CHICKEN COOP. In the city. Your cottagecore dreams just got an Indianapolis address. And the location may be the sleeper hit. Grab coffee at nearby Command Coffee, walk or bike down Delaware to the iconic Goose the Market for one of Indy's favorite sandwiches and specialty groceries, meet friends for a beer at MashCraft, or hop on the nearby Fall Creek/Monon trail network and explore the city on two wheels. You're tucked into Mapleton-Fall Creek with quick access to Herron-Morton, Fall Creek Place, the Indiana State Fairgrounds, Broad Ripple, Mass Ave and Downtown Indianapolis. No HOA. Tons of space. Historic bones. Modern updates. Garage. City views. Chickens. Basically, if you've been searching for a large renovated historic home near Downtown Indianapolis with room to spread out AND a neighborhood where you can actually go do things-this is your sign. Come for the house. Stay because you can have backyard chickens and bike to coffee.

3017 N Delaware Street, Indianapolis

Listing courtesy of eXp Realty, LLC.

2 Beds ⋅ 2 Baths

More SPACE than you expect, inside AND out! This one level brick home with a FULL basement offers a flexible floor plan, great storage, and plenty of EXTRAS that make it stand out. The spacious living room is FILLED with natural light and features beautiful hardwood floors that continue into both main level bedrooms. Each bedroom has two windows, a ceiling fan, and its own small walk-in closet. The main level full bath features a tub and a large linen closet. The kitchen OFFERS plenty of cabinets, a pantry, butcher block countertop, backsplash, and a comfortable breakfast nook. All kitchen appliances stay, making move-in day a little easier. AND THEN there's the basement - you may be surprised by just how much space is down there! A large finished area with daylight windows, a walk-in closet, and its own full bathroom with a stand-up shower gives you plenty of options. Use it as a PRIMARY suite, third bedroom, guest space, or additional living area. There is also a dedicated office already set up and ready for you. The oversized laundry room includes a utility sink, washer and dryer, plus there is plenty of additional storage. The sunroom ADDS even more usable space and features two ceiling fans and a window A/C unit. PRIVATE fenced patio area to enjoy evenings around the fire pit. The fire pit, grill, and picnic table are all included. NEED room for cars, tools, hobbies, or just all that stuff you don't want in the house? You've got it! The two-car detached garage includes a 20x10 workshop, PLUS two huge mini barns. Some of the BIG ticket updates have already been made for you - the roof is 7 years old, the furnace and water heater are only 2 years old. One level living, a full basement, TWO full bathrooms, flexible bedroom space, a workshop, and tons of storage - this home has more to offer than you might expect. Come see it for yourself!

6102 E 14th, Indianapolis

Listing courtesy of M & E Realty Group.

5 Beds ⋅ 5 Baths

Welcome home to 6671 Cherbourg, a beautifully refreshed 6 bedroom, 4.5 bath waterfront home tucked away on a quiet cul de sac in the established Lake Charlevoix neighborhood. Set on one of the most private lots in the community, this home offers generous space, abundant natural light, and a setting that truly feels like a retreat. Fresh paint inside and out, refinished hardwood floors, new carpet, and an updated powder room give the home a fresh feel throughout. The bright and inviting kitchen features a new oven, gas range, and microwave, ready for everyday meals or entertaining. A spacious upstairs suite with its own kitchenette offers wonderful flexibility for guests or multigenerational living, while the fully finished basement provides even more space with an exercise room, kitchenette, and second refrigerator. Outside, mature trees, multiple levels of decking, paved patios, and the waterfront setting create the perfect backdrop for morning coffee, evenings outside, and time with family and friends. With Fall Creek trails and wildlife just beyond the backyard, 6671 Cherbourg feels like a peaceful getaway while keeping everything Indianapolis has to offer within easy reach.

6671 Cherbourg Circle, Indianapolis

Listing courtesy of Compass Indiana, LLC.

2 Beds ⋅ 3 Baths

Upgrades galore in downtown Indianapolis' coveted, gated Watermark community! This turn-key home delivers thoughtful details at every turn, offering the perfect blend of sophisticated city living, premium privacy, and peace of mind. The heart of the home is a chef's kitchen designed perfectly for entertaining. It features premium custom cabinetry, beautiful granite countertops, a central island, a built-in Sub-Zero refrigerator, and high-end GE Monogram appliances, along with an eat-in kitchen. The sophisticated living spaces offer unparalleled comfort and functionality. Work from home seamlessly with dual dedicated office spaces, both featuring beautiful built-in bookcases. The primary retreat serves as a spacious sanctuary boasting two massive walk-in closets. Throughout the home, you will find three full upgraded bathrooms, fresh paint from top to bottom, and upgraded windows with integrated UV protection. Even the drywall is extra-thick to ensure exceptional peace, quiet, and soundproofing. For ultimate downtown convenience, the home also includes a rare 2-car attached garage. Enjoy the outdoors throughout the seasons with three distinct private outdoor areas, including a relaxing screened-in porch, a covered patio, and a covered balcony space perfect for your morning coffee. Nestled in an exclusive gated neighborhood, you are just moments away from the Indianapolis Canal Walk, major hospitals, Eli Lilly, and the very best dining, shopping, and entertainment that downtown Indianapolis has to offer.

663 Ellsworth Street, Indianapolis

Listing courtesy of @properties.

2 Beds ⋅ 3 Baths

Picture perfect all brick end unit townhome in the gated community of Sycamore Springs, offering timeless New England inspired charm, a quiet setting and an abundance of natural light. Set along one of the community's picturesque tree lined streets, this beautifully designed home is ideally located near Clearwater Crossing, The Fashion Mall at Keystone and major interstates. Inside, walnut hardwood floors flow throughout the main level, where oversized windows, a fireplace, and thoughtfully selected finishes create a warm, polished feel. New Pella double hung windows are complemented by professionally designed custom window treatments & plantation shutters, while a California Closets built in adds stylish storage in the living room. The updated eat in kitchen features white cabinetry, granite countertops, tile backsplash, stainless appliances and a center island, opening to a spacious dining area and private balcony with peaceful tree lined views. Upstairs are two generous en suite bedrooms, each with an updated private bath. The primary suite features dual sinks, soaking tub, walk in shower and large custom walk in closet. The lower level offers a comfortable family room ideal for a second living space, media room or home office, plus a spacious 2 car garage. Additional updates include new tile and carpet, fresh interior paint, new lighting throughout, newer water softener and washer and dryer less than a year old. Enjoy the pool, clubhouse, fitness center and walking trails, all within one of north Indianapolis' most charming and convenient gated communities.

4036 Heyward Place, Indianapolis

Listing courtesy of Compass Indiana, LLC.

Investment opportunity! Two-story duplex offering two spacious units. One unit features 3 bedrooms and 1.5 baths, while the second unit offers 4 bedrooms and 1.5 baths, with 4th bedroom on main level. The property also features backyard space and a detached 2-car garage. Convenient access to I-465 providing easy connectivity throughout Indianapolis with shopping, dining and other amenities nearby. Property is being sold AS-IS. Don't miss out on this opportunity to add this versatile multi-family property to your investment portfolio!

1338 N High School Road, Indianapolis

Listing courtesy of Keller Williams Indy Metro Partners.

4 Beds ⋅ 3 Baths

Set on a lush, tree-lined lot with ultimate privacy and zero HOA fees, this charming multi-level retreat blends timeless character, flexible space, and valuable modern updates-including a brand-new roof and new water heater for complete peace of mind. Key Highlights: Turn-Key Upgrades: Major big-ticket maintenance is already handled with a newly installed roof and new water heater. Main Living Spaces: Rich hardwood floors run throughout, anchored by a light-filled living area with a classic brick fireplace, custom built-ins, and an adjoining formal dining room. Chef's Kitchen: Generously sized with abundant cabinetry, sleek stainless steel appliances, expansive counter space, and a cozy breakfast nook for daily meals. Flexible Layout: Includes extra main-floor flex space-ideal for a dedicated home office, sunroom, or playroom-along with spacious, light-filled bedrooms featuring hardwood flooring and tastefully updated baths with a double vanity and custom tile. Finished Basement: Built to entertain, the lower level boasts rich wood paneling, a second brick fireplace, a custom built-in bar, and ample room for a billiards table, media center, or gym. Outdoor Oasis: Step out onto the expansive multi-level deck overlooking a fully fenced, tree-canopied backyard-your private sanctuary for weekend barbecues and quiet morning coffee. Located in the highly desirable Devon Hills neighborhood-offering the perfect balance of serene, tree-lined privacy and easy access to local schools, dining, and shopping.

4936 Winston Drive, Indianapolis

Listing courtesy of eXp Realty LLC.

3 Beds ⋅ 3 Baths

222 N Eaton, Indianapolis

Listing courtesy of Kline Properties, Inc..

3 Beds ⋅ 2 Baths

Set on a tree-lined stretch of Guilford in the heart of Meridian-Kessler, this 1925 bungalow offers the neighborhood's best qualities without the project list. Three bedrooms and two full updated baths sit on one level, anchored by a living room with fireplace and a dining space that opens into an updated kitchen with quartz counters, stainless appliances, breakfast bar, and pantry. Replacement windows carry light wall to wall, and the original bungalow proportions stay intact: generous rooms, a floor plan that lives open without feeling gutted. A waterproofed basement adds two genuinely usable finished rooms: a family room and a bonus space that flexes to home office, gym, or guest quarters, plus laundry and storage. Outside, a fully fenced privacy yard and established landscaping deliver the rare combination of in-town convenience and a real backyard complete with a beautiful deck. The front deck with pergola is the kind of porch this street was built for. The Monon Trail sits a few blocks east: ride north to Broad Ripple and the farmers market, or south toward the Cultural Trail and downtown. The 54th and College corridor is around the corner, with coffee, the Red Key Tavern, SoBro restaurants, and groceries all within minutes. Butler University, Newfields, the Indianapolis Art Center, and the Central Canal are minutes away, and access to Keystone, Fall Creek Parkway. What is unusual is finding that address attached to a home already updated where it counts, dry and finished below grade, and ready for a buyer who would rather spend the first weekend on the deck than in a contractor's queue.

5360 Guilford Avenue, Indianapolis

Listing courtesy of Compass Indiana, LLC.

4 Beds ⋅ 4 Baths

Discover modern living at 2008 N College Ave: a 2007-built, 4-bedroom, 3.5-bath basement home, featuring a seperate 1-bed living quarters w/ income potential right in the heart of Indianapolis, IN 46202,. Minutes from downtown Indy, the Indianapolis Zoo, the Children's Museum, Gainbridge Fieldhouse, Lucas Oil Stadium, eateries, shopping & fun. The main home welcomes you with a covered front porch. Upon entry, a main floor bedroom/flex space is immediate & then flows into the open floor plan showcasing the large kitchen island. Head to the spacious basement: flexible storage room, wet-bar, full bathroom, over-sized living area & a large laundry room. Upstairs, as you enter the loft, you notice the primary is seperated away from the other rooms. The primary has it's own en suite and balcony. Outside, a large back patio lays between the home and the garage. Private access is built for the home owner to access the garage. Just above the garage, is a seperate living area: aCarriage House. Self-contained one-bedroom apartment featuring a complete kitchen, a generous family room & washer/dryer connections. Use it as a long-term rental for built-in income potential, a private guest suite, space for extended family or anything you desire. The Carriage House includes its own private one-car garage with a 220V outlet, ready for hybrid or electric vehicle charging. Location puts city life within reach: downtown Indianapolis dining, sports, arts, and family attractions sit just minutes away, while the neighborhood keeps a quiet, residential feel. With Marion County's Center Township market seeing rising inventory and longer days on market this year, well-positioned, move-in-ready homes with income potential are drawing quick attention from homeowners and investors alike.

2008 N College Avenue, Indianapolis

Listing courtesy of eXp Realty, LLC.

4 Beds ⋅ 4 Baths

Nestled on nearly an acre of mature trees and natural beauty, this distinctive brick home offers a rare blend of character, comfort, and privacy. Sunlight fills the home's inviting spaces, where original hardwood floors, classic architectural details, and views of the surrounding woods create a warm and welcoming atmosphere. Whether enjoying a quiet morning in the breakfast nook, gathering with friends in the formal dining room, or unwinding in the cozy den with built-in bookshelves, every space is designed to be lived in and enjoyed. The window-lined sun porch provides a peaceful retreat and a front-row seat to the changing seasons. The main-floor primary suite offers everyday convenience, while a dedicated office creates a comfortable space for working, creating, or managing daily life from home. Upstairs, three additional bedrooms and abundant storage provide flexibility for guests, hobbies, or changing needs over time. The walkout basement expands the home's possibilities, offering space to gather, work on projects, or pursue favorite pastimes, along with ample storage. Outside, the wooded setting invites time spent on the front porch or on the paver patios, enjoying the property's privacy and tranquility. With no HOA, ample room to spread out, and a setting that feels tucked away while remaining connected to everyday amenities, this character-filled home offers the space, flexibility, and lifestyle that are increasingly hard to find.

7223 Whitehall Drive, Indianapolis

Listing courtesy of CENTURY 21 Scheetz.

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