Indianapolis Homes with Cellar Basement

Indianapolis Homes with Cellar Basement

Welcome to Indianapolis, Indiana—a vibrant city that beautifully blends rich history with modern living. Known as the Crossroads of America, Indianapolis boasts a dynamic downtown filled with cultural attractions, world-class dining, and a thriving arts scene. Whether you’re a sports enthusiast eager to catch a Colts game or a family looking for a community-oriented neighborhood, Indianapolis has something for everyone.

Located in Marion County, this city is celebrated for its friendly residents and diverse neighborhoods. From the historic charm of Irvington to the contemporary vibe of Broad Ripple, each area offers its own unique character and amenities. Families will appreciate the excellent schools, beautiful parks, and a variety of recreational activities available, making it an ideal place to call home.

For those in search of a home with a cellar basement, Indianapolis offers a range of options that cater to both practicality and style. Cellar basements provide additional storage space, a cozy retreat, or even an entertainment area—perfect for gatherings with family and friends. Many homes in this city feature these versatile spaces, allowing homeowners to maximize their living area while enjoying the benefits of a solid and spacious foundation.

With a strong sense of community, a robust job market, and an affordable cost of living, Indianapolis is not just a place to live; it’s a place to thrive. Explore the possibilities of finding your dream home with a cellar basement in this captivating city, and experience all that Indianapolis has to offer!

Newest Indianapolis Homes with Cellar Basement

346 Terrace Avenue, Indianapolis
$295,000
4 Beds ⋅ 2 Baths
BATES-HENDRICKS: Great value for a lot of square feet. Renovated home that has been meticulously maintained by the current owners. Bamboo floors throughout the expansive living room and separate dining room. Kitchen was modified to accomodate a dishwasher and more counter space. Sewer was fully replaced from house to the main. Upstairs attic space was finished, split unit installed, making room for a 2nd upstairs bedroom/ playroom. Home is located about a 1/2 mile south of Lily's main corporate campus, or 1.5 miles from Monument Circle, the center of downtown Indianapolis.

346 Terrace Avenue, Indianapolis

Listing courtesy of Tad Aschliman. @properties
315-317 N Colorado Avenue, Indianapolis
$167,000
This incredible craftsman style duplex is in the heart of Indianapolis! Currently one side is VACANT, which leaves it in the perfect position for owner occupied rental property! This adorable 3 bed, 1 bath, with a fenced in backyard is minutes away from downtown, close to shopping, dining, and parks! Current tenants of unit 315 have lease that expires March 2027.

315-317 N Colorado Avenue, Indianapolis

Listing courtesy of Julia Young. Neu Real Estate Group
2442 Guilford Avenue, Indianapolis
$325,000
4 Beds ⋅ 3 Baths
Welcome home to this newly renovated 4-bedroom, 2.5-bath home, featuring updates throughout and a location just minutes from downtown Indianapolis. The inviting open-concept main level offers a spacious layout ideal for everyday living and entertaining. Large windows and a sliding glass door fill the spacious family room with natural light and provide access to the expansive, covered front porch. The updated kitchen features brand-new stainless steel appliances, quartz countertops, a stylish tile backsplash, and ample cabinet space. Formal dining room and separate living room as well. Upstairs, you'll find a spacious primary suite and an updated bathroom with double sinks and tile surround shower and tub combo. Three additional bedrooms share a full bathroom. Outside, enjoy the privacy of the backyard. With its fresh renovations, functional layout, and convenient location, this home is ready for its next owner to enjoy!

2442 Guilford Avenue, Indianapolis

Listing courtesy of Doug Fredbeck. Keller Williams Indpls Metro N
19 N Ritter Avenue, Indianapolis
$345,000
5 Beds ⋅ 4 Baths
A delightful home that presents itself as an attractive property in great condition, ready for its discerning admirer. This single-family residence, originally brought to life in 1900, offers a unique charm with its 1.5 stories, beckoning those who appreciate a blend of character and contemporary flair. The kitchen, a true heart of culinary creativity, boasts a generous kitchen bar perfect for casual meals or serving up delightful treats, while a large kitchen island stands ready for grand meal preparations and lively gatherings. Overhead, a sleek wall chimney range hood keeps the air fresh, complementing the stylish shaker cabinets that provide ample storage for all your gourmet essentials, making every cooking adventure a sheer joy. Stepping into a bathroom here offers a refreshing escape, featuring a spacious walk in shower for invigorating mornings and a double vanity providing abundant space for personal routines, ensuring everyone has their moment to shine. With five bedrooms and four full bathrooms spread across 2598 square feet of living space, this abode offers comfortable accommodations for everyone. Beyond the interior, a dedicated laundry room simplifies daily chores, while a sunroom bathes in natural light, offering a serene spot for relaxation or a vibrant space for cultivating greenery. The expansive lot, situated in a pleasant residential area, includes a fully fenced backyard for private outdoor enjoyment and a practical shed for storing treasures and tools. This inviting property promises a wonderful backdrop for creating cherished moments and enjoying a vibrant lifestyle.

19 N Ritter Avenue, Indianapolis

Listing courtesy of Landon Buesching. 1 Percent Lists Indiana Real Estate
1425 Terrace Avenue, Indianapolis
$99,000
2 Beds ⋅ 1 Baths
Let's get to know your next FABULOUS project ... 1425 Terrace Ave ... She's a 2 bedroom cutie in the Fountain Square neighborhood; and, yes, she needs a lot of love; but her bones appear to be solid & her location supports an overhaul (the neighbors think she's long overdue for a glow up - check out the recent sales data on the street - this girl is way behind the times). Fountain Square is one of the coolest pockets in Indy, just minutes from restaurants, coffee shops, breweries, live music & duckpin bowling. Getting into the City's Center is an easy trip, so dinner or a show or a game is never a big production from here. People want to be in this part of town, & she puts you right in the mix. So what would be your plan? She'll make a great long-term rental for a buy & hold strategy, or you could fix & flip her & let the neighborhood do the selling for you. Perhaps you're looking for your own little hideaway near the action, or even to host an Airbnb that others will enjoy while lining your pockets? Whatever your plan, the location is already handled & you'll get to focus on bringing her back to life. She is absolutely priced to sell this week, so seriously call your contractor & your imagination & get in there ASAP. She is being sold as-is where-is, exactly in the condition she's in. No inspection contingencies or as is addendums will be considered, as NO OFFERS WILL BE REVIEWED BEFORE 4PM ON 11/6/2026, SPECIFICALLY TO ALLOW TIME FOR ALL INTERESTED PARTIES TO COMPLETE DUE DILIGENCE BEFORE SUBMITTING AN INFORMED *AS IS* OFFER.

1425 Terrace Avenue, Indianapolis

Listing courtesy of Jennifer Blandford. Carpenter, REALTORS®
1632 Columbia Avenue, Indianapolis
$245,000
3 Beds ⋅ 2 Baths
Versatile Investment Opportunity at 1632 Columbia Ave! Currently configured for daycare/childcare use, this property features multiple classroom/activity areas, a flexible floor plan, and fenced outdoor space. Ideal for an owner-operator or investor seeking a property with multiple possibilities. Continue its current use or explore residential conversion or other potential uses, subject to zoning and approvals. Conveniently located near surrounding neighborhoods and area amenities. Schedule your showing today!

1632 Columbia Avenue, Indianapolis

Listing courtesy of Kimberly Yarrell. Triple E Realty, LLC
2225 N Talbott Street, Indianapolis
$675,000
4 Beds ⋅ 4 Baths
Prepare to be impressed by the breathtaking updates and thoughtful touches throughout this exceptional Fall Creek home. From the moment you arrive, beautifully landscaped gardens inside the fenced front yard create a warm welcome. A charming wraparound front porch offers the perfect place to enjoy morning coffee, visit with neighbors, or simply take in the neighborhood. Inside, a stunning foyer and grand staircase set the tone for the home's timeless character and style. Original hardwood floors, decorative wall molding, and gracious living and dining spaces blend historic charm with modern comfort. The refreshed kitchen is ready to be the heart of the home, featuring new appliances, dual-tone cabinetry, a tile backsplash, and pot racks ready for your favorite cookware. The main floor office/family room is truly an added and unexpected bonus! Two convenient main-level half baths complete the first floor. Upstairs, the fabulous primary suite is joined by three additional bedrooms-one currently used as a spacious walk-in closet-along with abundant newer built-ins and impressive storage throughout. The outdoor spaces are equally inviting, with a fully privacy-fenced backyard, expansive deck, galvanized stock-tank pool, fire-pit area, and additional patio spaces designed for relaxing and entertaining. The true showstopper is the one-bedroom carriage-house apartment above the detached three-car garage. Use it as a home office, a private retreat for family and friends, or explore short- or long-term rental possibilities to help offset monthly expenses. Conveniently located in the Fall Creek area and walkable to neighborhood parks, fantastic restaurants, and local favorites, this beautifully updated home is a true gem.

2225 N Talbott Street, Indianapolis

Listing courtesy of Rob Measel. F.C. Tucker Company
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
1428 Pleasant Street, Indianapolis
$309,900
2 Beds ⋅ 2 Baths
This charming 2-bedroom, 2-bath home is full of personality, contemporary style, and unique details that make it truly special! Located on one of Fountain Square's best streets, this beautifully renovated home blends modern updates with rustic character and plenty of charm. The welcoming front porch features a ceiling fan and privacy screen, creating the perfect spot to relax and enjoy the neighborhood. Inside, the soaring 18-foot living room ceiling makes a striking first impression, a beautiful stained-glass window, complemented by a glass half-wall overlooking the family room, exposed wood beams, and a rustic wood accent wall. The updated kitchen features granite countertops and stainless steel appliances, while the primary bedroom adds even more character with shiplap accents and a stylish barn door. Outside, enjoy a spacious rear deck, a hot tub that stays with the home, and convenient rear parking. The location is just a couple of blocks from Fountain Square's popular dining, entertainment, and nightlife, with Mass Ave and the Bottleworks District just a quick bike ride or drive away. Cute, distinctive, and packed with character, this home offers a wonderful combination of modern comfort, outdoor living, and urban convenience. There's a lot to love about this one!

1428 Pleasant Street, Indianapolis

Listing courtesy of James Talhelm. Hoosier, REALTORS®
1049 S Pershing Avenue, Indianapolis
$125,000
2 Beds ⋅ 2 Baths
This is the garage you've always wanted - and comes with a house. The house is 2 bedrooms, 2 baths, newer laminate flooring & carpet. The garage is 720 Square Feet, Gas Heater, 10 Ceiling Fans, Pull Down attic - workshop, hang-out, storage... You name it, there's room for it! Second bath was functional, but hasn't been used for years. Walking distance to Rhodius Park.

1049 S Pershing Avenue, Indianapolis

Listing courtesy of Steven Kass. Carpenter, REALTORS®
8546 Walden Trace Court, Indianapolis
$419,000
4 Beds ⋅ 3 Baths
Welcome to this stunning 4-bedroom, 2.5-bath home offering nearly 4,000 sq. ft. of beautifully updated living space in one of Indy's premier locations! Step inside to find fresh paint throughout and brand-new, plush carpet in all the bedrooms, making this home completely move-in ready. The main level features an updated chef's kitchen designed for both daily life and entertaining, seamlessly flowing into bright, expansive living areas. Upstairs, the oversized primary suite serves as your own private retreat, complete with generous space to relax and unwind. Need extra room? The expansive finished basement offers endless flexibility-perfect for a home theater, gym, game room, or extra living area.

8546 Walden Trace Court, Indianapolis

Listing courtesy of Luke Reiter. eXp Realty, LLC
2521 Prospect Street, Indianapolis
$194,000
3 Beds ⋅ 2 Baths
A beautifully updated and fully renovated, with a freshly painted exterior to this 3 bedroom, 2 bath home located just minutes from the vibrant Fountain Square neighborhood. This home perfectly balances its timeless charm with thoughtful updates, offering plenty of room to relax and entertain. Inside, you'll find ample living space, including a primary suite with full bath, a spacious family room, and a versatile great room that fits any lifestyle. The laundry area is conveniently situated in the mudroom, making everyday tasks a breeze. Step outside to discover even more potential! The property features a 2-car garage with unfinished space above, offering endless possibilities-convert it into a rental apartment, a private studio, or additional living quarters. Nestled near the cultural heart of Fountain Square, you'll enjoy easy access to local dining, boutique shops, and entertainment.

2521 Prospect Street, Indianapolis

Listing courtesy of Lori Davis Smith. Highgarden Real Estate
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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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