46203 Homes with Finished Basement

46203 Homes with Finished Basement

Welcome to the vibrant and diverse community of Indianapolis, Indiana, nestled in the heart of Marion County. The 46203 zip code is a thriving area known for its rich history, welcoming neighborhoods, and convenient access to the best of what Indianapolis has to offer. From charming local shops to delightful eateries, residents enjoy a blend of urban living with a touch of suburban tranquility.

One of the standout features of homes in this area is the availability of properties with finished basements. These versatile spaces provide homeowners with endless possibilities, whether you envision a cozy family room, a home office, or a stylish entertainment area. Finished basements not only enhance the living space but also add significant value to your home, making them a sought-after feature for buyers looking to invest in the 46203 zip code.

Living in this dynamic part of Indianapolis means you’re just a stone’s throw away from cultural attractions, parks, and recreational facilities. The vibrant arts scene, coupled with numerous community events, fosters a strong sense of belonging among residents. Plus, with easy access to major highways and public transportation, commuting to downtown Indianapolis or exploring the surrounding areas is a breeze.

Whether you’re a first-time homebuyer or looking to upgrade, the homes in the 46203 zip code offer a unique blend of charm, functionality, and modern amenities. Discover your dream home with a finished basement in this exciting community, where every day brings new opportunities to thrive and connect!

Newest 46203 Homes with Finished Basement

2 Beds ⋅ 1 Baths

Welcome to this beautifully updated home in a quiet, walkable neighborhood just down the street from Garfield Park! Easy access to farmers markets, the Sunken Gardens, Conservatory, Arts Center, the Aquatic Center, plus nearby eateries, pubs, and Downtown Indy. Recent updates include refinished hardwood floors, fresh paint, new lighting and hardware, and a stunning kitchen with soft-close cabinetry, tile backsplash, granite counters, ceramic tile flooring, & stainless appliances. Large Primary Bedroom. The updated bath features tile flooring, tiled tub surround, & new fixtures. Relax on the covered front porch or in the fenced backyard. A detached garage & finished basement with new waterproof LVP and spacious Rec Room complete the package!

1029 Albany Street, Indianapolis

Listing courtesy of F.C. Tucker Company.

3 Beds ⋅ 4 Baths

Located in the heart of Fountain Square, this townhome at 1230 English Ave offers an easy, low maintenance way to live in one of Indianapolis' most vibrant neighborhoods. Walkable streets, local restaurants, coffee shops, and music venues are all part of daily life here, with quick access to downtown when you need it. The home is set up for convenience and simplicity, making it ideal for anyone who wants the benefits of ownership without the upkeep of a traditional single family home. The layout lives comfortably across two levels and a finished basement works well for both everyday routines and hosting. A private, fenced outdoor space adds spaces and privacy without the responsibility of a large yard. Built in 2020, the home feels current and move in ready, offering a clean slate in a neighborhood known for its character and energy.

1230 English Avenue, Indianapolis

Listing courtesy of The Brokerage Company of Indiana.

4 Beds ⋅ 5 Baths

Step into an extraordinary living experience at 1027 Hosbrook Street in the heart of Indianapolis' vibrant Fountain Square neighborhood. Completed in 2024, this newly constructed residence delivers modern sophistication, thoughtful design, and exceptional income-producing versatility. The main residence offers approximately 3,612 square feet of beautifully finished living space, featuring four spacious bedrooms, three full bathrooms, and two half bathrooms. Its generous layout provides comfortable private retreats, inviting gathering spaces, and the flexibility demanded by today's lifestyles. The opportunity extends beyond the main home. Positioned at the rear of the property is an oversized detached two-car garage leading to a charming 607-square-foot studio carriage house. Designed for privacy and independence, the carriage house features its own separate entrance, full-size kitchen, full bathroom, laundry hookups, and dedicated HVAC system. It is ideally suited for overnight guests, extended family, a private office, or an additional income-producing rental. Currently operated as a successful Airbnb, the property has generated strong short-term rental income for its current owners. The combination of the main residence and fully equipped carriage house creates a compelling opportunity to continue the existing rental model, explore a dual-income strategy, or enjoy luxury living while generating supplemental revenue from the secondary residence. Whether acquired as a distinctive primary residence or a versatile addition to an investment portfolio, 1027 Hosbrook Street offers a rare blend of lifestyle, location, and income potential. Rental income, permits, and intended uses should be independently verified by the purchaser.

1027 Hosbrook Street, Indianapolis

Listing courtesy of OPEN HEIR.

4 Beds ⋅ 5 Baths

Welcome to 1218 Orange Street, a rare opportunity to own a newly constructed contemporary home in the heart of Fountain Square. Whether you're searching for your next home, an income-producing investment, or a combination of both, this property checks every box. Spanning over 3,700 square feet, the main residence features 4 bedrooms, 3 full baths and 2 half baths, along with a dedicated office, Home Theater, a loft with a full Wet Bar, and multiple rooftop decks and balconies. From the expansive living spaces, to the modern finishes throughout, to the excess natural light from oversized Pella windows - this home was designed for the way people live today. Enjoy peace of mind with this 2025 build, with a full metal roof and dual-zoned HVAC. Behind the home, a detached Carriage House is host to a two-car garage, complemented by a private 1-bedroom, 1-bath apartment with its own entrance, offering an exceptional opportunity for ancillary rental income, guests, or a dedicated studio. Located just steps from Fountain Square's acclaimed restaurants, coffee shops, breweries, galleries, nightlife, and only minutes from downtown Indianapolis, this is more than just a home; it's an opportunity to own one of the area's most versatile and thoughtfully designed properties. Turnkey opportunities like this rarely come to market. Call Tyler to schedule your private showing today.

1218 Orange Street, Indianapolis

Listing courtesy of Circle Real Estate.

4 Beds ⋅ 2 Baths

Spacious 4-bedroom, 2-full-bath ranch situated on 2 acres with a walkout basement. Enjoy the privacy of mature trees, with one acre featuring wooded trails perfect for exploring or relaxing in nature. The remodeled kitchen boasts elegant quartz countertops and modern finishes. Two outbuildings provide ample storage or workshop space. Recent updates include a new furnace and central air conditioning installed in 2024. Conveniently located near shopping, dining, and interstate access, offering the perfect blend of peaceful country living and everyday convenience.

3806 S Emerson Avenue, Indianapolis

Listing courtesy of Redfin Corporation.

4 Beds ⋅ 1 Baths

Beautifully remodeled 4-bedroom, 1-bath home offering approximately 1,400 sq ft of finished living space, including a fully finished basement with egress windows for additional livable square footage. This move-in-ready home features a modern kitchen with quartz countertops and ceramic tile flooring, a fully updated bathroom with ceramic tile and a glass walk-in shower, and thoughtful finishes throughout. The finished basement provides flexible space ideal for a family room, home office, gym, or additional living area. Updates have been completed with quality materials, creating a clean, modern feel while maintaining functionality. Recent market activity shows updated homes in this price range selling quickly-this property is well positioned for today's buyers. Conveniently located with easy access to local amenities, major roadways, and downtown Indianapolis. Tenant Occupied. Lease is Month to Month but wants to stay long term. Broker Owned.

2530 S Randolph Street, Indianapolis

Listing courtesy of F.C. Tucker Company.

4 Beds ⋅ 5 Baths

Built by Blankenship Custom Homes, this stunning custom-built home in the heart of Bates-Hendricks features a separate carriage house apartment and thoughtfully curated modern finishes throughout. This striking home offers an open-concept main level with soaring 10-foot ceilings, abundant natural light, wide-plank hardwood flooring, and seamless spaces designed for both everyday living and entertaining. The designer kitchen is the centerpiece of the home, showcasing custom cabinetry, quartz countertops, oversized island seating, high-end stainless steel appliances, statement lighting, and a spacious walk-in pantry. The living area features soaring ceilings and a sleek modern fireplace, creating a warm yet sophisticated atmosphere. Upstairs, both bedrooms feature private ensuite baths and large walk-in closets, providing ideal comfort and privacy. The finished basement expands the living space with an additional bedroom, full bath, wet bar, and flexible entertaining or guest space. Step outside to enjoy the oversized patio and fully fenced backyard - perfect for hosting, pets, or relaxing evenings outdoors. Above the garage, the private 1-bedroom carriage house offers incredible flexibility for guests, rental income, home office space, or multigenerational living. Located just minutes from downtown Indianapolis, Fountain Square, restaurants, nightlife, and all the energy of urban living, this one-of-a-kind property combines modern luxury with unbeatable location.

738 Terrace Avenue, Indianapolis

Listing courtesy of F.C. Tucker Company.

2 Beds ⋅ 2 Baths

***Investor opportunity*** **Tenant Occupied**Fully remodeled from top to bottom in 2025, this 2-bedroom, 2-full bath home located within Beech Grove Schools offers a truly turnkey investment. The property is currently tenant-occupied, providing immediate rental income with a beautifully updated home that requires minimal ongoing maintenance. Inside, you'll find a bright, open layout featuring luxury vinyl plank flooring, fresh paint, and a modern kitchen with soft-close cabinetry, quartz countertops, tile backsplash, and stainless steel appliances. Both full baths have been fully renovated with new tile, vanities, and fixtures. Major updates include new windows, lighting, plumbing, electrical, and trim work-ensuring long-term durability and peace of mind. The exterior showcases new Hardie plank siding, gutters, a rebuilt porch, and fresh landscaping. The finished basement with LVP flooring offers excellent storage or future value-add potential. Situated on a spacious lot with a storage shed, this property combines modern updates with strong rental appeal in a desirable Beech Grove location.

3745 S Emerson Avenue, Indianapolis

Listing courtesy of @properties.

4 Beds ⋅ 5 Baths

Welcome to this stunning 2023 4 bedroom 4.5 bathroom home in Fountain Square. Starting on the exterior is a two car garage, full rear fence, large patio space, and beautifully updated carriage house with separate full living quarters-perfect for guests or continued Airbnb income (recently generating $2,000/month). Heading inside to the open concept floor plan you are greeted by a spacious living room space with an electric fireplace and large open windows. The kitchen features a gas stove, large center island, and decorative lighting. XL patio doors head out to the patio from the kitchen, great for entertaining. Hardwood flooring throughout the home. The primary suite features a custom built closet system, large soaking tub, and extra large vanity. Close to local shopping, dog park, restaurants and NO HOA!

1247 Hartford Street, Indianapolis

Listing courtesy of White Stag Realty, LLC.

4 Beds ⋅ 5 Baths

This one is truly something different. Located just a few blocks from the heart of Fountain Square, this 4 bed, 4.5 bath modern home offers flexibility you don't often see. Built in 2019, you get the benefit of newer mechanicals, including roof and HVAC, which is hard to find in this area. You're right on Shelby St, making it easy to walk to restaurants, coffee shops, and nightlife. The main living space was designed to impress, with 11 ft ceilings, large windows, and an electric fireplace with custom built-ins and mantle. The kitchen leans modern but warm, featuring white cabinetry, granite waterfall countertops, a commercial-grade gas range, custom hood, stainless appliances, and a large island with a built-in table. Upstairs, the primary suite offers a true retreat with a walk-in closet, double vanity, and tiled walk-in shower. The third floor is a standout with two balconies-one with downtown skyline views and the other overlooking Fountain Square. The finished basement adds even more versatility with a bedroom, full bath, and separate entrance, making it ideal for house hacking, Airbnb, or guest space. Outside, enjoy a composite deck, fire pit area, and a rare parking setup for this location with a garage, gated private parking, and an additional gravel lot. The home and yard are zoned residential (D5), while the additional gravel lot is zoned commercial (C5), offering added flexibility for parking, potential business use, or future opportunity. A unique opportunity with serious flexibility in one of Indy's most vibrant neighborhoods.

806 Shelby Street, Indianapolis

Listing courtesy of Highgarden Real Estate.

3 Beds ⋅ 4 Baths

Luxury new-construction 3-bedroom, 3.5-bath home located in the highly sought-after Fountain Square neighborhood! This stunning property features a fully finished, separate basement unit and private, fully fenced yards for each unit, offering exceptional flexibility and privacy. Showcasing high-end finishes throughout, the home is currently furnished and operating as a successful two-unit Airbnb-making it ideal for both investors and owner-occupants seeking income potential. Situated in a vibrant near-downtown location, the home is just steps from popular shops, restaurants, local retail, and offers easy highway access for convenient travel throughout Indianapolis. With ample living space and storage, this property is also perfectly suited as a forever home. A unique exterior design paired with soaring main-level ceilings creates a truly abstract and artistic aesthetic, setting this home apart from anything else on the market.

1112 Spann Avenue, Indianapolis

Listing courtesy of eXp Realty, LLC.

3 Beds ⋅ 4 Baths

Discover the charm of Bates-Hendricks living in this spacious 3-bedroom, 3.5-bath home just minutes from Downtown and Garfield Park. Sold As-Is, this property offers a flexible layout with modern updates and historic character. The upstairs bedroom features a vaulted ceiling, walk-in closet, and its own HVAC system for ultimate comfort. Basement Bonus: Two additional rooms currently used as bedrooms and a full kitchen, perfect for extra living space or rental potential. Enjoy the convenience of a detached 2-car garage and off-street parking. Perfectly positioned near Fountain Square dining, trails, and IndyGo transit, this home combines urban accessibility with neighborhood appeal. Don't miss the opportunity to make this vibrant near-downtown lifestyle yours!

709 E Minnesota Street, Indianapolis

Listing courtesy of F.C. Tucker Company.

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