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

$949,999
4 Beds 5 Baths
Stunning new construction by Irongate Construction Group, thoughtfully designed on one of Indianapolis' most exciting emerging corridors at 906 E. 16th St. This 4-bedroom, 4.5-bath home delivers 3,122 SF across a beautifully finished layout, with soaring 10' ceilings throughout, dramatic tray and vaulted ceilings in the bedrooms, and a vaulted, skylit stairwell leading to the second level. The exterior blends wood cladding, brick veneer & James Hardie siding beneath 30-year architectural shingles for a striking, modern facade with true curb appeal. Inside, wide-plank engineered hardwood floors, a custom trim package & designer lighting flow through an open-concept living and dining layout. The kitchen is finished with 42" shaker soft-close cabinetry, quartz countertops throughout, a large center island, walk-in pantry & a high-end Thermador appliance package built for both everyday living and entertaining. The primary suite is a private retreat, featuring heated floors and a curbless walk-in shower with a portion of frameless glass, double vanity & signature hardware on all plumbing fixtures. A full finished basement adds a wet bar & flex space, while a main-level bedroom offers everyday versatility. Covered outdoor living space and a heated back patio extend the home year-round, complemented by full irrigation & professional landscaping. This home is as smart as it is beautiful- Whole house generator, Control4 integration, UniFi cameras, video doorbell & networking with Cat6 wiring throughout, Alarm.com/Qolsys security, Lutron smart lighting & dimmers, whole-home audio & a central vacuum system with toe-kick kitchen inlet. The garage is EV charging-ready, and the basement features premium carpet with accent lighting. Finished with high-efficiency mechanicals, spray foam insulation & a new 2-car attached garage-this is elevated, tech-forward living in one of Indy's most exciting new corridors.

906 E 16th Street, Indianapolis

Listing courtesy of eXp Realty LLC.

$975,000
4 Beds 4 Baths
HISTORIC CHARM - MODERN LUXURY. Set on a spacious double lot in desirable Meridian Park, this beautifully renovated 1892 4BR/3.5BA Victorian-era residence blends exceptional modern craftsmanship while maintaining the home's historic charm. Completely renovated with nearly 800 sq. ft. added through a finished basement and expansive primary suite addition, creating flexible space for everyday living and entertaining. The custom chef's kitchen features GE Cafe stainless steel appliances, wine cooler, designer cabinetry, large mudroom with laundry area and a huge pantry. Custom closets throughout, engineered hardwood floors, designer lighting, beautifully appointed baths with designer tilework and fixtures and refined finishes continue throughout. Major upgrades include taking everything down to the studs and rebuilding the interior, adding new dual-zone HVAC, tankless water heater, cement board siding, JELD-WEN double-hung windows, new 3D shingles and roof decking, plus spray foam insulation at the attic roof deck for enhanced efficiency. Outside, mature trees, expansive lawn, patio space and a detached 2-car garage create a private, park-like retreat just minutes from downtown Indianapolis, museums, parks, dining, universities and cultural destinations. A distinctive blend of history, high-end finishes and thoughtful design in one of the city's most character-rich neighborhoods. Open House Sat 7/25 11am-1pm. Additional photos of the inside coming soon.

122 E 32nd Street, Indianapolis

Listing courtesy of Fathom Realty.

Start Your Search

Information Deemed Reliable But Not Guaranteed. © 2026 MIBOR Broker Listing Cooperative