Indianapolis Homes with Unfinished Basement

Indianapolis Homes with Unfinished Basement

Welcome to Indianapolis, the vibrant heart of Indiana! Known for its rich history, diverse culture, and bustling economy, Indianapolis offers an exceptional quality of life that attracts residents from all walks of life. Nestled in Marion County, this city is renowned for its friendly neighborhoods, thriving arts scene, and a plethora of recreational options, making it an ideal place to call home.

One of the unique features of many homes in Indianapolis is the presence of unfinished basements. These versatile spaces provide endless possibilities for homeowners looking to customize their living environment. Whether you envision a cozy family room, a home gym, or an expansive entertainment area, an unfinished basement offers a blank canvas to bring your dreams to life. With the right vision and a touch of creativity, you can transform this space into a functional and stylish extension of your home.

Indianapolis boasts a variety of neighborhoods, each with its own distinct charm and character. From the historic streets of Irvington to the modern developments in Fishers, you’ll find homes that cater to every taste and lifestyle. The city is also home to top-notch schools, parks, and community events that foster a strong sense of belonging.

In addition, the cost of living in Indianapolis is remarkably affordable compared to many other metropolitan areas, making it an attractive option for first-time homebuyers and families alike. With its blend of urban excitement and suburban tranquility, Indianapolis is not just a place to live; it’s a place to thrive. Discover your dream home with an unfinished basement in this dynamic city today!

Newest Indianapolis Homes with Unfinished Basement

1902 N Centennial Street, Indianapolis
$180,000
3 Beds ⋅ 2 Baths
Welcome to this charming three-bedroom, two-full-bath bungalow situated on a spacious corner lot with a covered front porch. Freshly painted inside and out, this home offers a blend of original hardwood flooring and LVP throughout. The updated kitchen features freshly painted cabinetry, new countertops, stainless steel appliances that stay with the home, and a range hood. Spacious bedrooms provide comfortable living space, while the updated main-level bathroom features a new vanity, shower surround, and Bluetooth speaker. Upstairs, you'll find an additional updated full bathroom, adding extra convenience and flexibility. The basement includes a generous 28x10 bonus room, perfect for additional living space, a home office, workout area, or recreation room. Outside, enjoy the spacious 21x12 side deck and a large fully fenced backyard with gated access. Additional updates include new gutters, a brand-new A/C unit installed in 2026, and a five-year-old roof on both the home and garage. A two-car detached garage with new siding completes this move-in-ready property.

1902 N Centennial Street, Indianapolis

Listing courtesy of Perla Palma Nunez. Keller Williams Indy Metro Partners
3402 E New York Street, Indianapolis
$110,000
3 Beds ⋅ 2 Baths
Calling all investors, This is your next flip project, with great comps to support and ARV of 210,000 conservatively. Several things have already been done to this home, such as mechanicals, kitchen, and flooring, This one doesn't need a major overhaul, just finish it out with 2 bedroom upstairs, 1 bedroom downstair, put in back on the market and put money back in your pocket. Walls upstairs will have to be re-built to put back to 2 bedrooms and wall and closet will have to be put back to create bedroom off of living room. Or keep as 2 bedroom with living room and dining room. If you are looking to buy and hold, this is a great option as well, 20k gets this property ready to be rented and start cash flowing immediately. Come see for yourself, hurry houses in this area don't last long.

3402 E New York Street, Indianapolis

Listing courtesy of Shane Burns. Victory Realty Team
972 W 29th Street, Indianapolis
$114,900
2 Beds ⋅ 2 Baths
Discover the charm of 972 W 29th St in Indianapolis, IN. Built in 1895, this 1,500-square-foot single-family residence is a ready-to-move-in bungalow that captures the timeless character of historic craftsmanship while offering an inviting atmosphere for modern living. The interior layout spans two stories, thoughtfully organized to balance communal areas with private retreats. With two bedrooms available, the home provides flexible space for residents or guests. The home is equipped with one full bathroom and a convenient half bathroom, ensuring functionality for your daily routine. The architectural appeal of this home extends gracefully to the outdoors. You can enjoy the fresh air on the covered deck or spend quiet moments on the classic porch. The private yard offers a dedicated space for outdoor activities, complementing the structure's distinct bungalow aesthetic. Experience the perfect blend of historic character and functional comfort by scheduling your private tour of this exceptional Indianapolis residence today. HOME IS BEING SOLD "AS IS"

972 W 29th Street, Indianapolis

Listing courtesy of Linda Johnson. Sitota Realty
612 N Temple Avenue, Indianapolis
$175,000
3 Beds ⋅ 2 Baths
Big value in one of Indy's most exciting neighborhoods! Welcome to this beautifully renovated 3-bedroom, 1.5-bath townhome in popular Saint Clair Place on the Near Eastside of Downtown Indy. Expertly renovated in 2019 by Near East Area Renewal, this home offers high ceilings, thoughtful updates, and the kind of affordability that's becoming harder to find so close to Downtown. Step outside and discover a neighborhood full of character and possibility. With convenient access to Downtown Indianapolis, local restaurants and coffee shops, nearby parks, and an expanding network of bike paths and trails, Saint Clair Place puts you close to the action while maintaining its own distinct neighborhood feel. The Near Eastside continues to benefit from investment and revitalization, making this an exciting time to become part of the community. An ideal opportunity for buyers seeking space, accessibility, and long-term potential at an approachable price point!

612 N Temple Avenue, Indianapolis

Listing courtesy of Dylan Hostetter. United Real Estate Indpls
610 N Temple Avenue, Indianapolis
$185,000
3 Beds ⋅ 2 Baths
Downtown convenience without the downtown price tag! An incredible opportunity to own an affordable townhome in popular Saint Clair Place on the Near Eastside of Downtown Indy! Expertly renovated in 2019 by Near East Area Renewal, this 3-bedroom, 1.5-bath home combines thoughtful updates, high ceilings, and an unbeatable price point. Enjoy easy access to Downtown Indianapolis, neighborhood restaurants, coffee shops, parks, and an expanding network of bike paths and trails. Saint Clair Place is part of the exciting momentum on Indy's Near Eastside, where continued investment and neighborhood revitalization make this an especially compelling place to put down roots. Whether you're a first-time buyer, looking to simplify, or hoping to get into a neighborhood with plenty of upside, this is a fantastic opportunity to enjoy city living at a price that's increasingly hard to find!

610 N Temple Avenue, Indianapolis

Listing courtesy of Dylan Hostetter. United Real Estate Indpls
6435 Bastani Place, Indianapolis
$520,000
4 Beds ⋅ 3 Baths
Welcome to this spacious two-story home in Franklin Township, tucked away on a private cul-de-sac with a tree-lined backyard and a 3-car garage. Inside, 9-foot ceilings and eye-catching, custom-made crown molding throughout the main floor add character and a polished touch. Hardwood floors bring warmth to both the living room and family room. The front living room offers flexible space for movie nights, a playroom, or a second gathering area, while the adjoining formal dining room is ideal for hosting or can serve as a home office. The kitchen offers abundant cabinetry, a large pantry, built-in double ovens, and a gas cooktop. Its open layout flows into the breakfast nook and family room, where a brick fireplace framed by beautiful floor-to-ceiling bookshelves creates an inviting focal point. Picture-frame windows and doors bring the outdoors in, overlooking the brand-new two-level deck and peaceful, tree-lined backyard. Upstairs, you'll find four bedrooms, including a generously sized primary suite with a walk-in closet and additional access to a partially finished attic space. The en-suite bathroom features double closets, a separate toilet closet, and an oversized walk-in shower with floor-to-ceiling tile, dual shower heads, an overhead rain shower, and built-in shelving. The conveniently located upstairs laundry room offers plenty of counter space for sorting, folding, and organization. The full walkout basement features 9-foot ceilings and offers endless possibilities to create additional living space tailored to your needs, with the potential for a fifth bedroom and plumbing rough-in for an additional full bathroom. Picture-frame windows and a door lead directly to the lower level of the new deck, making indoor-outdoor entertaining easy. Outside, enjoy scenic views, room to play, and the privacy of a tree-lined setting. With flexible living spaces, a 3-car garage, and room to grow, this Franklin Township home offers plenty of opportunities to make it your own.

6435 Bastani Place, Indianapolis

Listing courtesy of Ron Rose. Indiana Realty Pros, Inc.
448 S Webster Avenue, Indianapolis
$185,000
2 Beds ⋅ 1 Baths
Welcome home to this 2 bed, 1 bath bungalow just outside of Irvington! This gem has an all BRICK exterior, a NEW ROOF, and the HVAC is only 5 years young - and well maintained! The interior is sunny and bright, with HARDWOOD floors, updated vinyl windows, a fresh coat of paint throughout, and even a brand new butcher block countertop in the kitchen! The basement is flooded with bright south-facing light and is the perfect extra space that makes this 850 sqft home feel more like 1500! The back yard is fully fenced! Water heater is 2 years old! Enjoy living close to the culture and vibe that make Irvington so sought after. The hard work is done, now let your creativity shine through making this home you own!

448 S Webster Avenue, Indianapolis

Listing courtesy of Anna Hassler. Maywright Property Co.
1808 Prospect Street, Indianapolis
$100,000
2 Beds ⋅ 1 Baths
Investor opportunity! Spacious single family home just steps from the heart of Fountain Square. Mechanicals are in good condition. Electrical and plumbing have been updated. Make some cosmetic updates and start collecting rent! Plenty of outdoor space with an off-street parking pad. Attached storage room at the rear of home. Property being sold As-Is.

1808 Prospect Street, Indianapolis

Listing courtesy of Daniel McNeal. @properties
7435 Hiner Lane, Indianapolis
$250,000
3 Beds ⋅ 2 Baths
Welcome to 7435 Hiner Ln, a beautifully remodeled ranch offering 1,347 square feet of updated living space as well as 1080 sq ft of unfinished basment space on a spacious lot in Indianapolis! Originally built in 1960, this home has been thoughtfully refreshed with modern finishes while maintaining its original charm. The updated kitchen features stainless steel appliances, a center island, and plenty of space for everyday living and entertaining. The remodeled bathrooms offer stylish, functional updates, including a double vanity and walk-in shower. Throughout the home, you'll find a comfortable, easy-flowing layout that makes great use of the space. Outside, the generous 0.26-acre lot provides plenty of room to enjoy the outdoors, while the welcoming front porch offers a great spot to relax. With its extensive updates, functional layout, and spacious yard, this move-in-ready ranch offers a great combination of comfort, style, and value. Seller will be sealing the driveway prior to closing

7435 Hiner Lane, Indianapolis

Listing courtesy of Nichole Kammers. Epique Inc
1116 N Tuxedo Street, Indianapolis
$150,000
2 Beds ⋅ 1 Baths
Located at 1116 N Tuxedo St in Indianapolis, this charming 1916 home offers 1,133 square feet of main-level living space with two bedrooms, one full bathroom, built-ins, and a decorative fireplace. The spacious attic offers potential for an additional bedroom with appropriate improvements, while the basement provides extra storage and flexible space. Approximately $20,000 was invested in basement water-management improvements, including a French drain and sump system, to address previous water issues. Additional updates include a replaced sewer line, a furnace and AC installed in 2026, and a tankless water heater. A classic front porch adds to the home's character. Sold as-is, this property presents a great opportunity for an investor or first-time homebuyer ready to make improvements and build equity.

1116 N Tuxedo Street, Indianapolis

Listing courtesy of Mamadou Gueye. Trueblood Real Estate
10834 Sedgegrass Drive, Indianapolis
$279,900
4 Beds ⋅ 3 Baths
Welcome home, to this lovely 4bedroom 2.5 bath retreat featuring a beautiful pond and basement. Move right in and enjoy! Complete piece of mind with a brand new roof, new deck, fresh neutral paint and stunning flooring throughout the entire home. Close to Ft Harrison State park, Geist reservoir with a great Indy location. Priced to sell!

10834 Sedgegrass Drive, Indianapolis

Listing courtesy of Tere Long. F.C. Tucker Company
327 N Arsenal Avenue, Indianapolis
$378,000
3 Beds ⋅ 2 Baths
HISTORIC CHARM, MODERN UPDATES AND THE BEST OF URBAN LIVING IN A LOCATION THAT PUTS THE CITY WITHIN EASY REACH! Some homes have a little something extra, and this Craftsman charmer in Indianapolis' historic Holy Cross neighborhood is one of them! Ten-foot ceilings, hardwood floors, and abundant windows and natural light create a welcoming first impression. The renovated kitchen features custom cabinetry, new countertops, a stylish backsplash, a pantry and a gas range. Just off the kitchen, the charming dining room, with a lovely bay window, is the perfect place for entertaining, lingering dinners and morning coffee. Upstairs, you'll find an expansive PRIMARY SUITE OFFERING TWO GENEROUS WALK-IN CLOSETS and plenty of room for a sitting area or home office. Out back, a spacious deck shaded by mature trees invites summer cookouts, quiet evenings and time with friends. The DETACHED 2.5 CAR GARAGE providing protective parking, extra storage space, safety and convenience are welcome features in this urban setting. Notable updates include basement and crawlspace foundation refurbishments, an updated fireplace system, an upstairs mini-split providing ductless cooling and heating, new fencing, and replacement of the lead water supply line. The move-in-ready home is WITHIN WALKING DISTANCE OF NEIGHBORHOOD FAVORITES like LaParada and Natural State Provisions restaurants as well as four locally-owned coffee shops and Highland Park. It also sits next to newly-paved bike paths offering easy access to downtown, the Bottleworks District, the Cultural Trail or Monon Trail to explore even more of what Indianapolis has to offer. Additional off street parking next to the garage.

327 N Arsenal Avenue, Indianapolis

Listing courtesy of Kent Clark. Super Broker Real Estate Group LLC
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Listings courtesy of MIBOR Broker Listing Cooperative as distributed by MLS GRID.


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.


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