franklin Homes with Apartment Basement

franklin Homes with Apartment Basement

Welcome to Franklin, Indiana – a charming city that beautifully blends small-town warmth with modern amenities. Nestled just 21 miles south of Indianapolis, Franklin offers residents a tranquil lifestyle while remaining conveniently close to the vibrant energy of the state capital. Known for its rich history, friendly community, and picturesque landscapes, Franklin is an ideal place for families, professionals, and retirees alike.

One of the standout features of Franklin homes is the availability of properties with apartment basements. These versatile spaces provide an excellent opportunity for additional living arrangements, whether you’re looking to create a cozy guest suite, a private office, or a rental unit for supplemental income. Imagine hosting family and friends in your inviting basement apartment, complete with its own entrance and amenities, all while enjoying the comforts of your main living space above.

Franklin is also home to a variety of parks, local shops, and dining options, ensuring that residents have everything they need at their fingertips. The historic downtown area is a delightful mix of quaint boutiques and vibrant eateries, making it a perfect spot for leisurely strolls or weekend outings.

With its affordable housing market, strong sense of community, and the added bonus of homes featuring apartment basements, Franklin, Indiana, is not just a place to live; it’s a place to thrive. Come discover the charm of Franklin and find your dream home today!

Newest franklin Homes with Apartment Basement

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 eXp Realty, LLC.

Originally constructed in 1898 by local businessman Herman E. Martens, the building is a beautifully restored example of Classical Revival architecture, featuring unique pentagonal design elements, limestone detailing, and large bay windows. In the early 1990's the building was completely renovated and legally converted into 19 individual parcels. Martens HPR Unit #1 thru#19. The property was extensively renovated while preserving its historic character, offering residents a blend of vintage charm and modern convenience. The units have a combination of hardwood and vinyl flooring, new gourmet kitchens with stove, frig, microwave, dishwasher, disposal and granite/butcher block counters. Units have their own independent electric heat pumps for heating/cooling, electric water heater and 100-amp electric service. Today the building is operated as a 19-unit apartment house but could easily be converted to accommodate a multitude of investment opportunities. The building has nine-1 bedroom/one bathroom, one-1 bedroom/1.5 bathroom, eight- 2 bedroom/2 bathroom and one-2 bedroom/one bathroom. The buildings brick and limestone exterior, newer windows and updated electrical and plumbing keep maintenance cost low. Over the past few years, a new Firestone rubber membrane roof and two new Velux skylights have been installed. Situated near the intersection of Senate Avenue and Indiana Avenue, The Martens provides easy access to downtown Indianapolis attractions, cultural venues, restaurants, entertainment districts, and major employment centers. The building's central location within the Indianapolis Mile Square offer's easy access to both IU and Purdue's Indianapolis campuses (2 blocks to the west), Kroger's Grocery (1 block to the north), the Capitol Building (1 block to the south) and Lucas Oil Stadium (4 blocks to the south) The Martens offers a unique residential experience for those seeking historic character, a walkable downtown lifestyle in Indianapolis.

315 N Senate Avenue, Indianapolis

Listing courtesy of Kumler Realty.

4 Beds ⋅ 4 Baths

Welcome to a truly unique opportunity just steps from the beauty and lifestyle of Morse Reservoir! Situated on a sprawling corner lot, this one-of-a-kind home offers the perfect blend of character, space and flexibility. The main level immediately wows with soaring vaulted ceilings in the living room that draw you in. An impressive kitchen features an abundance of cabinetry, generous counter space and room to gather. You'll also find a den, two additional bedrooms, a full bathroom and a convenient powder room on the main floor. Upstairs, your private primary suite awaits with a large bedroom, ensuite bathroom, walk-in closet and huge unfinished attic space providing incredible storage or future potential. The true highlight of this home is its rare street-level walkout lower level, offering a private entrance and private patio along with a fully equipped apartment-style suite. Featuring a full kitchen, bedroom, updated bath, and living room, it provides unmatched flexibility for guests, extended family, or independent living. With its unique layout, generous lot, proximity to Morse Reservoir, and thoughtful features throughout, this home offers something truly special for the right buyer. A 1 year ACHOSA home warranty is being offered for added peace of mind. Come see the possibilities this exceptional property has to offer!

1005 Morse Landing Drive, Cicero

Listing courtesy of eXp Realty, LLC.

4 Beds ⋅ 4 Baths

Crafted by Mad River Homes, one of Indianapolis' respected renovation and building specialists, this north-side Downtown property blends quality, flexibility, and investment potential in a highly desirable location. Walk through the spacious front porch to arrive into the expansive foyer; where the whole home invites you in. The upstairs hosts the bedrooms and laundry, while the main level serves a perfect home for entertainment, formal dining, and preparing meals. Designed for versatility, this home features a layout that allows the upstairs and basement to be fully separated, creating an opportunity for an ADU or in-law suite. This configuration is ideal for a house-hack strategy, multi-generational living, or generating income from two distinct spaces. As an Airbnb, the upper unit could produce up to $3,500 per month and the lower unit up to $2,000. As a long-term rental, projected rents are approximately $2,000 upstairs and $1,000 downstairs. Mad River Homes also offers customization options tailored to your needs, including adding a garage. Perfect for entertaining, income generation, or providing separate living quarters; this property also qualifies for grant programs offering 0% down, no PMI, and a $5,000 credit toward closing costs. Just minutes from Butler University, Broad Ripple, Mass Ave, the Indianapolis Children's Museum, Eskenazi Hospital, Methodist Hospital, and IU Indianapolis, it offers immediate access to major educational, medical, and cultural anchors. Book your showing today and we look forward to calling this home yours!

3114 N Capitol, Indianapolis

Listing courtesy of FULL CANOPY REAL ESTATE, LLC.

4 Beds ⋅ 3 Baths

Welcome home to this charming ranch in quaint downtown Noblesville! This spacious and versatile property offers 4 bedrooms, 2.5 bathrooms, and plenty of room to spread out. The inviting living room features a cozy gas fireplace, creating the perfect gathering space for family and friends. The updated eat-in kitchen offers modern finishes and ample space for everyday dining. The home's thoughtfully designed layout includes a large laundry room and a fully finished basement that features a private apartment with its own separate entrance-ideal for multi-generational living, guests, rental income potential, or a home office setup. Outside, you'll find a large fenced backyard with plenty of space for entertaining, pets, gardening, or simply relaxing. Enjoy the convenience of nearby shopping, dining, parks, and all that downtown Noblesville has to offer while still enjoying the comfort and privacy of this exceptional home.

801 N 10th Street, Noblesville

Listing courtesy of American Dream Team Real Estate.

4 Beds ⋅ 4 Baths

Fabulous home in sought after Echo Pointe with unique custom features, walkout basement & lots of natural light! Main floor boasts 2 story entry, formal dining room and a great room w/cathedral ceiling & soaring brick fireplace. Large first floor den has the potential for added family living space, home office or music room. The formal dining room has direct access to the large kitchen complete with concrete countertops and floors, loads of storage & open breakfast nook looking out through bay window on nearly half acre private lot. The upstairs has 4 large bedrooms. 4th bedroom boasts cathedral ceilings, lots of natural light and has plenty of space for the addition of a wardrobe to account for lack of closet. Primary suite has a custom walk-in shower, double sink vanity, walk-in closet with Elfa Organization System & separate sitting room w/gas fireplace. Downstairs enjoy the walkout basement previously used as an apartment and in-law suite with full kitchen, family room, full bath, loads of storage plus an extra room which could be used as a bedroom or exercise room. The expansive upper back deck looks out on a private, woodsey backyard and promises lots of outdoor entertaining and bird watching! The neighborhood is very walkable for an evening stroll or morning run. Close to dining, shopping and award winning schools.

11126 Echo Grove Lane, Indianapolis

Listing courtesy of F.C. Tucker Company.

4 Beds ⋅ 4 Baths

Sitting atop a slight hill sits this beautiful country estate that blends modern upgrades with peaceful rural living. The main home features an inviting full-length front porch, a wide foyer with French pocket doors, and a great room with a fireplace and automatic blinds. The gourmet country kitchen offers quartz countertops, a large island, and a walk-in pantry, while the split floor plan ensures a private owner's suite. For multigenerational living or income potential. The private 1 bedroom apartment sits above the attached 2.5-car garage, complete with a separate entrance and chair lift. The full basement with full bath and woodburning stove is an excellent opportunity for a home theater, office, or extra living space. Outside, enjoy a screened patio, a separate barn with 2 garage doors perfect for an RV/boat workshop, and eco-friendly landscaping with native prairie grasses. Utilities include underground electric to preserve country views, an oversized well and septic system, and pre-plumbing for a backup generator as well as high speed internet.

3777 E County Road 150 S, Frankfort

Listing courtesy of F.C. Tucker Company.

4 Beds ⋅ 5 Baths

Discover unparalleled modern living at 1448 Lexington AVE, Indianapolis, IN, USA. This single family residence, constructed in 2026, spans 2240 square feet and represents the pinnacle of contemporary design and comfort. This home is designed with an in-laws quarters in the basement and a carriage home above the garage. With four generously sized bedrooms, this home offers ample private retreats for family and guests. The four full bathrooms provide convenience and luxury, ensuring personal space for all, complemented by an additional half bathroom for everyday functionality. Spread across two stories, this property offers a thoughtful layout designed for seamless living and entertaining. The expansive 3746 square foot lot provides a private outdoor sanctuary, perfect for relaxation or gatherings. This is more than a home; it's a foundation for your future. Inquire today to schedule your private viewing.

1448 Lexington Avenue, Indianapolis

Listing courtesy of Highgarden Real Estate.

4 Beds ⋅ 3 Baths

HISTORIC CHARM + FINISHED GUEST SUITE + INCREDIBLE LOCATION Rarely does a property offer this much flexibility, character, and timeless appeal. This beautifully preserved historic home combines original craftsmanship with versatile living spaces, making it an exceptional opportunity just minutes from downtown Indianapolis. Step inside and discover the details that make historic homes so special. Gorgeous hardwood floors, leaded glass windows, rich original woodwork, and inviting living spaces create warmth and character throughout. The main level offers multiple gathering areas, including a formal dining room perfect for entertaining, while the upper level features four spacious bedrooms filled with abundant natural light. What truly sets this home apart is the fully finished lower-level guest suite. Complete with its own kitchen area, living space, bedroom, full bath, and separate laundry facilities, this flexible space is ideal for extended family, visiting guests, multi-generational living, a private home office, creative studio, or recreation area. Outside, mature trees and a detached oversized garage complement the home's inviting outdoor spaces, creating a peaceful setting while remaining close to everything the city has to offer. Enjoy easy access to downtown Indianapolis, Fountain Square, local restaurants, entertainment, parks, and the exciting redevelopment that continues to make this area one of the city's most desirable neighborhoods. A beautiful historic home. A versatile finished guest suite. Endless possibilities for the way you live, work, and entertain. Schedule your private showing today and experience the character and flexibility that make 1622 English Avenue truly one of a kind.

1622 English Avenue, Indianapolis

Listing courtesy of No Limit Real Estate, LLC.

3 Beds ⋅ 3 Baths

Beautifully designed home within walking distance of everything downtown Nashville has to offer. This open-concept residence features soaring vaulted ceilings, abundant natural light, and a spacious living area that flows seamlessly into the kitchen and dining space-perfect for both everyday living and entertaining. The primary bedroom showcases rich Brazilian cherry flooring, while the leaded glass entry door adds timeless character and standout curb appeal. The fully finished basement offers exceptional flexibility with 10+ foot ceilings, a large family room, kitchenette, full bath, additional laundry area, and a generously sized bedroom-ideal for guests, extended living, or multi-generational use. A dedicated workshop with grow room adds even more versatility for hobbies, projects, or storage. Unwind on the screened-in back porch featuring a hot tub, or enjoy the convenience of an attached garage and on-demand water heater. This home effortlessly blends comfort, style, and functionality in a highly desirable location.

220 N Jefferson Street, Nashville

Listing courtesy of Bear Real Estate Sales, LLC.

4 Beds ⋅ 3 Baths

Incredible opportunity to own this 4 bed in mint/updated, move-in condition with in-law quarters for relatives who want to be together yet have their own space. Ideal location on northwest side but close enough to interstate for easy commute up and down I-69. There are so many upgrades in this home with tasteful and attractive improvements everywhere. The floor plan allows for comfortable living with shared and separate space. The oversized garage, charming fireplace, large 2 level deck overlooking the lovely back yard and rear fence & fire pit add to the value and appeal. The home features a 2nd kitchen, bedroom, full bathroom and family/rec room that is perfect for in-law quarters, an apartment or home business. Brand new items include roof, 2 kitchens, bathrooms, windows, flooring, lighting, some mechanicals, deck, landscaping, hardware etc... There is so much space to enjoy & spread out in and the finish/upgrades are wonderful. Check the photos and come see why this property will be a terrific home for your loving family.

807 Bittersweet Lane, Anderson

Listing courtesy of Indianapolis Brokerage Firm.

3 Beds ⋅ 4 Baths

Newly constructed single family residence from 2023, presenting a truly luxurious home showcasing amazing design and top-tier materials. The kitchen serves as a central point, meticulously designed for both culinary artistry and social engagement. Beautiful countertops provide an expansive and durable surface for meal preparation, complemented by a high-end range oven and stovetop for exceptional cooking experiences, beautifully paired with an elegant backsplash. A wall chimney range hood stands as a prominent feature, ensuring a fresh atmosphere. The large kitchen island provides ample space for gathering, further enhanced by a convenient kitchen bar, all framed by a distinctive wood wall feature. The living room offers a comfortable retreat, designed for relaxation and enjoyment. Within this inviting space, a fireplace creates a focal point, providing warmth and an inviting ambiance for quiet evenings or social gatherings. The residence includes three full bathrooms and one half bathroom, each appointed with considered details. A tiled walk-in shower presents a luxurious and refreshing bathing option, crafted with elegant finishes. Beyond the interiors, opportunities for outdoor enjoyment abound. A dedicated outdoor living space invites residents to embrace the fresh air, complemented by a private rooftop patio for serene moments. A charming balcony offers an elevated vantage point, perfect for relaxation. This newly built residence offers a sophisticated living experience, meticulously crafted with discerning tastes in mind.

711 E 16th Street, Indianapolis

Listing courtesy of CENTURY 21 Scheetz.

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