Indianapolis Homes with Finished Basement

Indianapolis Homes with Finished Basement

Welcome to Indianapolis, the vibrant capital city of Indiana and a hub of culture, innovation, and community spirit! Nestled in Marion County, Indianapolis is renowned for its rich history, diverse neighborhoods, and a thriving economy. Whether you’re a sports enthusiast, a foodie, or an art lover, Indy has something for everyone. With its famous Indianapolis Motor Speedway, a bustling downtown area, and an array of parks and recreational facilities, residents enjoy a lifestyle that beautifully balances urban excitement with suburban tranquility.

One of the most appealing features of homes in this region is the prevalence of properties with finished basements. These versatile spaces offer endless possibilities, from cozy family rooms and game areas to home offices and guest suites. Imagine transforming your basement into the ultimate entertainment hub, complete with a home theater or a stylish bar. Finished basements not only enhance your living space but also add significant value to your home, making them a sought-after feature for many buyers.

In Indianapolis, you’ll find a variety of architectural styles, from charming bungalows to modern townhouses, each boasting unique characteristics and amenities. The neighborhoods are welcoming, with friendly communities that foster a sense of belonging. Whether you’re looking for a bustling urban setting or a peaceful suburban retreat, Indianapolis has it all.

Explore the possibilities that await you in this dynamic city, and discover the perfect home with a finished basement that suits your lifestyle. Welcome to Indianapolis—where your dream home is just around the corner!

Newest Indianapolis Homes with Finished Basement

3 Beds ⋅ 4 Baths

Video tour located under virtual tours! Stunning all-brick ranch with a finished basement and 3-car side-load garage in Admirals Landing. Ideally located just minutes from Geist Reservoir, Amy Beverland Elementary, St. Simon, Holy Cross, and Geist Montessori Academy. This meticulously maintained and thoughtfully updated home features new windows and doors throughout. There's plenty of room to entertain, with an expansive driveway-new in 2021-providing ample parking for guests. The main level features hardwood floors throughout, vaulted ceilings, an open floor plan, and a recently updated three-way fireplace. The spacious primary suite offers private access to the recently updated Trex deck, which is also accessible from the dining room. The primary bedroom features raised ceilings and a luxurious primary bath that is sure to impress. The incredibly spacious kitchen boasts granite countertops, a stylish backsplash, center island, ceramic tile floors, a breakfast room, new KitchenAid gas range/oven, and dedicated range hood. The main-level guest full bath has also been beautifully updated. A bonus room above the garage, complete with its own HVAC system, provides an ideal space for an office, hobby room, or storage. Additional updates include a roof with 50-year shingles (2020), HVAC (approximately 3 years old), tankless water heater (approximately 4 years old), windows and rear sliding doors (2012), front door system (2026), and a Sunsetter motorized awning with lighting (2021).

12144 Admirals Landing Boulevard, Indianapolis

Listing courtesy of Keller Williams Indy Metro NE.

3 Beds ⋅ 3 Baths

Wow! Tons of updates in this 3bd 2.5 bath ranch on great private lot with HUGE finished basement. Great open floorplan. Nice master suite. Recent updates include: luxury flooring, carpet, kitchen, custom cabinets, quartz, appliances, paint inside and out, landscaping, electric, plumbing, hvac, fixtures, bathrooms, the list goes on and on!

4208 Springwood Trail, Indianapolis

Listing courtesy of United Real Estate Indpls.

3 Beds ⋅ 3 Baths

Beautifully updated 3-bedroom, 3-full-bath home in the heart of SoBro! This move-in-ready home has been thoughtfully renovated throughout, featuring a new HVAC system, new windows, new roof, updated electrical, new flooring, beautifully updated bathrooms, a completely refreshed kitchen, and so much more. The spacious walkout basement offers additional living space and flexible options, including a separate entrance for guests, a potential rental opportunity, or added everyday convenience. A one-car garage provides convenient parking and extra storage. Located just around the corner from the Nickel Plate Trail and close to all that SoBro has to offer, including popular restaurants, shops, and entertainment. With extensive updates already completed, this home is ready for its next owner to move right in and enjoy!

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.

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