shelbyville Homes with Apartment Basement

shelbyville Homes with Apartment Basement

Welcome to Shelbyville, Indiana – a charming city that beautifully blends small-town warmth with modern conveniences. Nestled just 30 miles southeast of Indianapolis, Shelbyville is known for its rich history, vibrant community spirit, and a variety of recreational opportunities. With its picturesque parks, scenic trails, and friendly neighborhoods, it’s no wonder that families and professionals alike are drawn to this delightful city.

One of the standout features of Shelbyville's real estate market is the availability of homes with apartment-style basements. These unique properties offer the perfect blend of functionality and flexibility, catering to a range of lifestyles. Whether you're looking for a space for extended family, a home office, or a rental opportunity, these basement apartments provide an ideal solution. Imagine having a fully-equipped living area right beneath your feet, complete with a kitchen, bathroom, and separate entrance. It’s an excellent way to maximize your living space while maintaining privacy.

Shelbyville boasts a diverse range of homes, from charming historic houses to contemporary builds, ensuring that there’s something for everyone. The community is also known for its strong school systems, local events, and a thriving downtown area filled with boutique shops and restaurants. With a welcoming atmosphere and a commitment to growth, Shelbyville is more than just a place to live; it’s a place to call home.

Explore the possibilities that await you in Shelbyville, where comfort meets convenience, and where the homes with apartment basements are just waiting for you to make them your own!

Newest shelbyville Homes with Apartment Basement

4 Beds ⋅ 4 Baths

A rare opportunity in Monon Yards to own this amazing 3 bed 2.5 bath home which also features a finished 1bed 1 bath basement apartment, two car garage/carriage house with another 1 bed 1 bath apartment, plus a double lot with privacy fence! The main house features a fireplace, open living/dining area, custom kitchen with quartz counter tops, large kitchen island, stainless steel appliances, custom back splash, and large pantry. Upstairs is a great loft/office area with tons of natural light, a primary suite, plus two more bedrooms and another full bath, as well as a laundry room. The basement apartment has its own separate exterior entrance. If a buyer prefers, the seller can added an interior door to the main level of the home. This property includes an additional lot that is already fenced in to the home. Large covered front porch and back porch! This also gives a buyer the option to sell it later if they would want to. The two car garage features a one bed, one bath apartment as well. Great income producing opportunities! Lots of options with this beautiful custom home.

2640 Winthrop Avenue, Indianapolis

Listing courtesy of CENTURY 21 Scheetz.

3 Beds ⋅ 2 Baths

Incredible opportunistic investment property in the heart of Broad Ripple. This truly is an unbeatable location close to the Monon Trail and the areas finest amenities. This property is a zoned a single family residence (originally 3 bedrooms) with unfinished basement that has gone through major modifications to make it a 4-unit rental. Unit A located in the original main house consists of 3 bedrooms and 2 bathrooms. 1 bathroom is a converted closet. There is no closet in one of the bedrooms. There is no dedicated living space, just a kitchen area and some open space. Unit B (main and attic area) is 2 bedroom and 1 bath. There is a small bedroom on the main floor and stairs to an upper attic area that contains a second bedroom. There is also a kitchen area. Unit C (back of house) is a converted porch that contains an efficiency unit. Included is a living space, small kitchen, and bathroom. Unit D (basement) has a kitchen area and a bathroom. There is no egress but the unit has an area for a sleeping quarters. Property also has a large 2-car garage for tenant storage. Please read private remarks for more information.

5917 Carrollton Avenue, Indianapolis

Listing courtesy of Estansion Group by BLP.

4 Beds ⋅ 4 Baths

Absolutely stunning home offering 4,244 SF of finished living space, outdoor entertaining space, incredible art studio / workshop and beautifully manicured lawn. This well maintained brick ranch is nestled in a peaceful and private setting at the end of Sassafras Lane in New Castle, IN. The main level showcases hickory hardwood flooring throughout, a spacious living room, updated kitchen with quartz countertops and all appliances included. The primary suite offers a walk-in pebble shower, double vanity, and convenient main-level laundry. Also on the main floor are a guest bedroom, a full bathroom, a half bath, and sunroom with direct access to the large multi-level deck that's absolutely perfect for relaxing or entertaining. The finished walkout lower level provides incredible flexibility with two additional bedrooms, a spacious entertaining area, kitchenette, wood-burning fireplace, full bath, and additional laundry space. Step outside to the private covered patio and enjoy the serene backyard surrounded by mature trees. A stunning additional building offers endless possibilities as a workshop, art studio, home office, hobby space, or additional storage. The property also offers a two-car attached garage. Combining privacy, functionality, and quality craftsmanship, this property is a rare opportunity to enjoy peaceful country living with versatile spaces for family, guests, or multi-generational living.

96 S Sassafras Lane, New Castle

Listing courtesy of Real Broker, LLC.

3 Beds ⋅ 3 Baths

Morgan Co. Real Estate Auction, Tuesday, Sept 8th @ 6:30PM. Discover this beautifully maintained 1935 bungalow situated on the Morgan/Hendricks County line. Rich in history, this property was originally part of the 130-acre Warmoth Farm and has been lovingly owned and maintained by the same family for the past 40 years. Inside, you'll find timeless character paired with thoughtful updates. The custom kitchen features solid oak tongue-and-groove cabinetry with a propane & electric stove hookup, while the spacious laundry room includes abundant cabinetry and a wash basin. The main level offers a private primary suite with an en-suite bath and cedar-lined walk-in closet, a second bedroom, and an additional full bathroom. Upstairs, the third bedroom provides access to approximately 500 +/- sqft of unfinished attic space, offering more sqft potential. The basement provides even more flexibility with bonus rooms that have previously been used as a separate apartment, complete with its own kitchen, full bathroom, and living spaces. A Clayton wood burning stove serviced twice each year, offers an economical alternative heat source, with propane furnace heat also available. The owned propane tank transfers with the property. Outside, you'll appreciate the large attached 2 car garage, an impressive 5,300 +/- sqft barn, and a 28' x 36' x 9' lean-to that's perfect for storing tractors, vehicles, equipment, firewood, or recreational toys. Whether you're looking for a hobby farm, workshop space, or room to grow, this property offers endless possibilities. Auction held on-site, Tues 9/8 @ 6:30PM with Auction Day Preview from 1-6:30PM. Open House, Sun 8/23 2-4PM. To register, bring your valid ID & proof of funds letter or preapproval letter. 10% BP due from the successful bidder on auction day, closing within 30 days. Personal Property Online Only Auction, visit our website. Professional photography is coming next week. This is a real estate auction you won't want to miss!

11983 N Little Point Road, Stilesville

Listing courtesy of Freije Real Estate.

6 Beds ⋅ 5 Baths

Welcome to your dream home in the prestigious Wolf Laurel neighborhood of Martinsville, Indiana! This stunning six-bedroom, new construction residence sits on over a half acre on a quiet cul-de-sac. Step into the expansive living room with soaring 20-foot ceilings, providing an open and airy atmosphere for entertaining or relaxing. The main level features a luxurious primary suite, offering a private retreat with high-end finishes and ample space. Upstairs, you'll find three spacious bedrooms, along with a versatile bonus room above the garage. This space can serve as a fourth bedroom, game room, or home office, adapting to your needs. The fully finished, walkout basement is a standout feature, boasting 10' ceilings, a sixth bedroom, a second living room, a full kitchen and a laundry room. This area is ideal for use as a complete apartment, perfect for guests or extended family. Enjoy the outdoors with over 500 square feet of covered porch space on both the front and rear of the home to enjoy your morning coffee or evening gatherings. The three-car garage provides ample storage and convenience. With high-end finishes throughout, this home exudes elegance and quality. Don't miss out on this extraordinary opportunity to own a brand new, luxurious home in Wolf Laurel.

2101 N Wolf, Martinsville

Listing courtesy of Red Umbrella Real Estate LLC.

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.

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