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

7435 Central Avenue, Indianapolis
$695,000
4 Beds ⋅ 2 Baths
For the first time in more than 60 years, this 1952 home is on the market. Lovingly held by the same family for generations, 7435 Central offers a rare chance to own a solid, well-built home in one of the north side's most sought-after locations. Set on an impressive 18,513 sq ft lot, the home offers 2,536 sq ft across 2.5 stories, with 4 bedrooms and 2 full baths. The flexible layout gives you room to spread out, with space for a home office, a hobby room or quiet retreats on every level. The oversized yard is a true standout, with room for gardening, play, entertaining or future expansion. The location is hard to beat. You can walk to Marott Park's wooded trails along the Monon and White River area, and Park Tudor School is just around the corner. Shopping, dining and easy commutes along College Ave and 86th St are all close by. Homes like this, on a lot this size and in this location, rarely come available. The property is being sold as-is, so bring your vision and make it your own. Opportunities like this don't come along often. Schedule your showing today.

7435 Central Avenue, Indianapolis

Listing courtesy of James Canull. eXp Realty, LLC
5806 Southeastern Avenue, Indianapolis
$850,000
4 Beds ⋅ 4 Baths
A RARE FIND with endless possibilities! Step back in time and experience the charm, character, and timeless appeal of this beautiful two-story home built in 1918, situated on approximately 1.5 acres. Offering an incredible combination of historic character, spacious living, multiple living quarters, and an impressive workspace, this property is truly one of a kind! The main house features four bedrooms, including a spacious main-level primary suite complete with a cozy fireplace, king-suite bedroom, and private office. Two additional bedrooms are located upstairs with Jack and Jill bathroom. The finished basement offers its own private in-law quarters, featuring a full kitchen with custom cabinetry, bedroom, full bathroom, generous living space, and plenty of storage. Above the attached garage, you'll find an additional one-bedroom efficiency apartment, providing even more flexibility for extended family, guests, or potential rental opportunities. Outside, enjoy relaxing and entertaining on the large wood deck or under the pergola-covered patio while taking in the spacious 1.5-acre setting. The property also features multiple garages and an incredible 3,300-square-foot custom shop that is sure to impress! Whether you're an entrepreneur looking to run your business from home, an automotive enthusiast, mechanic, or looking for space for an auto repair or body shop, the possibilities are endless. There is plenty of room for equipment, vehicles, projects, storage, and so much more! Above the pole barn shop is another unfinished efficiency apartment, offering even more potential for additional living space or future customization.

5806 Southeastern Avenue, Indianapolis

Listing courtesy of Scott Weddle. F.C. Tucker Company
800 N Park Avenue, Indianapolis
$289,000
2 Beds ⋅ 2 Baths
Downtown living doesn't get much more convenient than this! Just steps from the energy of Mass Ave, this inviting two-bedroom, two-full-bath condo puts restaurants, shops, and entertainment right around the corner. Enjoy a spacious living area with a fireplace, plus a finished basement with plenty of possibilities to create a cozy movie lounge, home office, workout space, or whatever suits your lifestyle. The one-car garage is a welcome bonus, and the ultra-low HOA fee in this self-managed building makes downtown ownership even more appealing. With the space, location, and flexibility you've been looking for-all at a price point that won't break the bank-this is your chance to make downtown Indianapolis home. Come see it for yourself!

800 N Park Avenue, Indianapolis

Listing courtesy of Seth Patton. Luxcity Realty
3533 E 75th Place, Indianapolis
$324,900
2 Beds ⋅ 3 Baths
Welcome Home! Meticulously maintained and highly sought after Sylvan Ridge Ranch that features 2 Bedroom 2.5 Bath Ranch with finished Basement. The heart of the home is the expansive Great Room w/gas log fireplace and built-in bookcases, which serves as a center for relaxation and refined entertainment. The kitchen is equipped with stainless steel appliances, providing a functional and modern environment for culinary preparation. The private quarters are designed for convenience and privacy. Large spacious Primary Bedroom w/walk-in closet accompanies this primary suite, ensuring ample storage and organization, and updated Primary Bathroom features modern walk-in shower. The exterior of the property is equally well-considered, offering a porch for covered entry and a patio for outdoor enjoyment overlooking lake great for paddle boats or canoeing. Don't let this opportunity to pass you by, great location to shopping, dining, and entertainment.

3533 E 75th Place, Indianapolis

Listing courtesy of Laura Bonner. REMAX ONE
816 N Parker Avenue, Indianapolis
$310,000
3 Beds ⋅ 4 Baths
Welcome home to this fully renovated masterpiece in the heart of the 10 East Arts + Design District. Featuring 3 bedrooms, 2 full baths, and 2 half baths, this move-in ready residence combines modern elegance with high-end custom finishes throughout. The main level offers a private primary suite, while upstairs features two additional bedrooms served by a shared full bath. Everything is new-including updated electrical, plumbing, siding, a tankless water heater, and a newly built 2-car garage. Complete with a vapor-barrier crawlspace and a dry basement with a sump pump and a flex room perfect for a home gym or rec room! This home delivers total peace of mind just minutes from downtown Indy.

816 N Parker Avenue, Indianapolis

Listing courtesy of Cleia Tupper. Keller Williams Indy Metro Partners
2306 E 12th Street, Indianapolis
$729,900
4 Beds ⋅ 4 Baths
Experience modern luxury, exceptional craftsmanship, and thoughtful design in this beautifully designed 4-bedroom, 3.5-bath home just minutes from Downtown Indianapolis! Located at 2306 E 12th Street, this impressive newer home offers spacious living, upscale finishes, and the perfect combination of style and functionality. Nine-foot ceilings on every level create an open, inviting atmosphere, while designer details add warmth and character throughout. At the heart of the home is a spectacular chef-inspired kitchen featuring a waterfall island, farmhouse sink, gas range, and abundant cabinetry, perfect for everyday living and entertaining. The thoughtfully designed main level offers a private guest suite, dedicated home office, convenient powder room, and mudroom. Upstairs, a beautiful reclaimed wood accent wall welcomes you to a versatile loft, along with two spacious bedrooms, a full bath, and a luxurious primary suite featuring a spa-inspired bathroom and generous walk-in closet. The fully finished basement provides even more flexible living space, ideal for a media room, recreation area, home gym, or additional entertaining space. Energy-efficient ICF construction offers enhanced insulation and durability, while the rare three-car garage provides exceptional parking and storage. Enjoy convenient access to Downtown Indianapolis, nearby parks, restaurants, shopping, and entertainment. With its distinctive architectural details, generous living space, and impressive modern amenities, this exceptional home delivers the style, comfort, and convenience today's buyers are looking for. Schedule your private showing and experience it for yourself!

2306 E 12th Street, Indianapolis

Listing courtesy of Robert Gaard. No Limit Real Estate, LLC
10427 Fawn Ridge Lane, Indianapolis
$315,000
4 Beds ⋅ 3 Baths
Spacious 4-Bedroom Home with Finished Basement, Recent Upgrades & Endless Potential! 10427 Fawn Ridge Ln | Indianapolis, IN 46236, Discover the possibilities in this spacious 4-bedroom, 2.5-bath home nestled on a quiet street in the desirable Lawrence area! Offering a wonderful combination of space, character, and recent improvements, this property is ready for your personal vision and finishing touches. Step inside to find beautiful hardwood flooring throughout the foyer and kitchen, welcoming living spaces, and a functional layout perfect for everyday living and entertaining. The family room and kitchen overlook a large rear deck and spacious backyard, complete with a charming wood-burning stone grill-an inviting setting for outdoor gatherings and relaxation. A front deck, added in 2024, provides additional outdoor living space. The fully finished basement offers incredible flexibility for a recreation room, entertainment area, home office, or additional gathering space. Enjoy peace of mind knowing several major improvements have already been completed, including roof and siding replacements in 2022, an upgraded primary bathroom featuring a walk-in shower in 2023, a renovated main-level half bath in 2024, an updated thermostat in 2023, and a replaced garbage disposal in 2024. Conveniently located just minutes from Fort Harrison State Park, Geist Reservoir, shopping, dining, and other local amenities, this home offers an excellent blend of location, space, and opportunity. This property is being sold AS-IS and does require some repairs and updates, including garage door replacement. With many significant improvements already completed, this home presents an exciting opportunity for buyers ready to add their personal style and make it their own. Bring your imagination, unlock the potential, and make this house your next home! Schedule your private showing today!

10427 Fawn Ridge Lane, Indianapolis

Listing courtesy of Tina Parker. Carpenter, REALTORS®
3130 N College Avenue, Indianapolis
$448,900
4 Beds ⋅ 4 Baths
A beautiful 2-story home on Indy's Northside. This charming and spacious home has 4 bedrooms and 3 and a half bathrooms, and the basement living space is easily transformed into a large 5th bedroom with its own full bathroom. The exterior of the home comes with a large covered front porch and back patio, a backyard privacy fence, a detached 3 car garage, mature landscaping, and a blacktop driveway. The house has had multiple renovations within the last decade; including a new roof, windows, and furnace in 2017, as well as a brand-new water heater in 2024.

3130 N College Avenue, Indianapolis

Listing courtesy of Mark Roberts. PARC REALTY GROUP, LLC
3313 Bay Point Drive, Indianapolis
$459,900
3 Beds ⋅ 4 Baths
Timeless design meets tranquil lakefront living in this three bedroom, two full bath, two half bath condominium located on the north side of Indianapolis in Lakes at the Crossing. With its main level designed by Suzanne Kasler, the home reflects her signature blend of classic elegance, understated sophistication and inviting comfort. The beautiful interiors create a cohesive aesthetic throughtout, offering a stunning backdrop for everyday living and entertaining. The main level with its soaring ceilings and cozy gas fireplace is a wonderful spot to relax at the end of a busy day or entertain your guests on the weekends! The main level primary bath is a spa-like retreat. Upstairs boasts another lovely bedroom with full bath, offering another peaceful retreat space with beautiful natural light and views of the lake. The finished walkout lower level is the perfect space for entertaining and enjoying the water views from your lovely deck or the screened in porch. Complete with family room, an additional kitchen, bedroom and half bath, this space is a attractive and versatile. The lakefront setting adds a peaceful dimension, while a two-car garage provides everyday convenience. The HOA covers building exterior maintenance, roofs and gutters, common area maintenance, and provides tennis courts/pickleball courts, an outdoor swimming pool for those summertime swims and a lovely clubhouse - a great gathering spot! A distinctive opportunity to enjoy designer sytle and waterfront living in Indianapolis, this beautiful home is convenient to many popular dining spots, to Keytsone at the Crossing and to so much of what Indianapolis has to offer!

3313 Bay Point Drive, Indianapolis

Listing courtesy of Patricia Torr. F.C. Tucker Company
6170 N Tuxedo Street, Indianapolis
$425,000
3 Beds ⋅ 2 Baths
Step into refined living at 6170 N Tuxedo ST, Indianapolis, IN. This single-family residence has been completely remodeled, blending mid-century character with modern updates across its 2,079 square feet of living space. The heart of the home is a recently updated kitchen designed for both efficiency and connection. It features a spacious layout that maximizes workflow. Stone counters provide a durable workspace, while stainless steel appliances add a clean, contemporary finish. The living room serves as a central hub for relaxation, anchored by a fireplace and built-in shelves. The bathroom layout is designed with modern utility in mind, highlighted by a walk-in shower. The property spans a generous lot, providing ample space to enjoy the outdoors. The attached garage ensures convenient parking and storage, while the patio provides a designated area for al fresco dining or quiet morning coffee. Experience the thoughtful layout of this beautifully updated home firsthand.

6170 N Tuxedo Street, Indianapolis

Listing courtesy of Bruce Higgins. F.C. Tucker Company
7763 E 1000 N, Indianapolis
$549,900
3 Beds ⋅ 2 Baths
Enjoy peaceful, secluded living on 5 beautiful acres in Johnson County! This spacious two-story home with a finished basement offers plenty of room to spread out, relax, and enjoy the privacy of country living. Unwind on the covered porch while taking in the peaceful wooded surroundings. The property also features a pole barn with an impressive 16-foot garage door, perfect for storing an RV, boat, recreational vehicles, or equipment! Recent improvements include a brand-new roof, two updated furnaces (one just 1 year old and the other 2 years old), and heat pumps replaced at the same time. The home is currently on budget billing at approximately $236 per month! Although the property has an Indianapolis mailing address, it is actually located in Johnson County. Be sure to explore the additional gravel drive that winds around the back side of the woods! With 5 acres, mature trees, a spacious pole barn, and a secluded setting, this property offers the perfect combination of privacy, functionality, and convenience. Enjoy the peacefulness of country living while still being close to shopping, dining, and everyday amenities!

7763 E 1000 N, Indianapolis

Listing courtesy of Corina Jones. Your Home Team
337 S Arlington Avenue, Indianapolis
$205,000
3 Beds ⋅ 1 Baths
Move-in ready and full of charm! Welcome to 337 S Arlington Avenue! This beautifully refreshed 3-bedroom, 1-bath home offers 1,093 square feet of comfortable living space, blending timeless character with numerous modern updates! Step inside to discover brand-new luxury vinyl plank flooring (2026) and fresh interior paint throughout, creating a bright and inviting atmosphere. The completely remodeled marble bathroom (2024) adds a beautiful modern touch, while the freshly painted exterior (2026) enhances the home's curb appeal. Major improvements have already been taken care of, including the replacement of all hot and cold-water lines with PEX plumbing, a new water heater and water softener (2025), and a furnace installed in 2015. But there's more! The full basement offers additional space, with a partially finished area and fresh paint, providing plenty of possibilities for storage, hobbies, or additional living space. Situated on a spacious 6,273-square-foot lot, there's plenty of room to relax, entertain, or enjoy the outdoors. The lawn has even been recently aerated and overseeded in preparation for a lush, beautiful yard next spring! Built in 1930, this charming home offers the perfect combination of classic character, thoughtful improvements, and modern conveniences. So many updates, so much charm, and so much to love! Don't miss your opportunity to make this wonderful home yours. Schedule your showing today!

337 S Arlington Avenue, Indianapolis

Listing courtesy of Barbara Eckel. BluPrint Real Estate Group
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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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