Indianapolis Homes with Finished Basement

Indianapolis Homes with Finished Basement

Welcome to Indianapolis, the vibrant capital of Indiana, where urban sophistication meets Midwestern charm! Known for its rich history, diverse culture, and thriving economy, Indianapolis offers a unique blend of attractions that cater to every lifestyle. From the iconic Indianapolis Motor Speedway to the beautiful parks and world-class museums, there’s something here for everyone.

One of the standout features of homes in Indianapolis is the prevalence of properties with finished basements. These versatile spaces provide an ideal solution for families looking to expand their living areas without the need for a larger home. Imagine having a cozy entertainment room for movie nights, a dedicated home office for remote work, or even a playroom for the kids—all tucked away in your finished basement!

The real estate market in Indianapolis is booming, with a variety of neighborhoods to choose from, each offering its own unique character and amenities. Whether you’re drawn to the historic charm of neighborhoods like Broad Ripple or the modern conveniences found in downtown condos, you’ll find homes with finished basements that perfectly suit your needs.

Moreover, the affordability of homes in Indianapolis makes it an attractive destination for first-time buyers and families alike. With a strong sense of community and excellent schools, you’ll feel right at home in this dynamic city.

Explore the possibilities that await you in Indianapolis, where your dream home with a finished basement is just around the corner! Come discover what makes this city so special and find the perfect space to create lasting memories.

Newest Indianapolis Homes with Finished Basement

$195,000
3 Beds ⋅ 2 Baths
Welcome home to this beautifully updated 3-bedroom, 2-bath ranch in the popular Irvington area- move-in ready and perfect for first-time buyers, growing families, or savvy investors alike! Step inside to an open-concept living and dining area filled with natural light, flowing into an updated kitchen featuring a gas stove and stainless steel appliances. All three bedrooms offer generous space, and the finished basement with sleek epoxy flooring adds valuable square footage - ideal for a rec room, home office, or additional living space. Outside, you'll find FOUR dedicated parking spots in the rear, plus a fenced backyard complete with a storage shed and fire pit - perfect for weekend gatherings or quiet evenings at home. Relax on the charming enclosed front porch, and enjoy the boost in curb appeal from fresh paint and updated landscaping throughout. No HOA means more freedom and flexibility for homeowners and investors alike. Located just minutes from downtown and all the shops, restaurants, and community celebrations Irvington is known for, this home offers the perfect blend of charm, convenience, and value. Don't miss this one - schedule your showing today!

415 S Arlington Avenue, Indianapolis

Listing courtesy of Keller Williams Indpls Metro N.

$1,400,000
5 Beds ⋅ 9 Baths
27 Forrests Edge CT, INDIANAPOLIS, IN, NO HOA! The Huge White House, encompassing a generous 6,925 sqft of living area and a 2,700 sqft finished basement. This Property Sits on nearly 3 Acres, with room to add a barn and / or a guest home. With 5 bedrooms and 8 bathrooms, there's room for everyone to spread out and enjoy. This property, offers an exceptional opportunity for sophisticated living and amenities. The kitchen features new counter tops, a double oven, cook stove with electric rising vent, and a huge island. Step out back and you will find elevated recreation with amenities including an in-ground pool with a slide, your own tennis court, and a full basketball court, and additional ground to build an in-law quarters, barn, and more! The main level features a formal dining room for special occasions, an eat-in kitchen, a bedroom suite currently being used as a den, multiple living spaces including a formal living room, a spacious great room, huge sunroom, and laundry for the pool towels. Upstairs offers 4 bedrooms, 4 full baths, game room, and laundry room next the main bedroom suite. A fully finished basement is ready for game days, dancing, exercising, and full bar for entertaining. Whether you're hosting a party or just enjoying a quiet evening, this home was built for both entertaining and relaxing. Tour this unique gem today.

27 Forrests Edge Court, Indianapolis

Listing courtesy of Keller Williams Indy Metro Partners.

$305,000
4 Beds ⋅ 3 Baths
Hard to find 4-bedroom, 2.5 bath with a walk out basement in Lawrence Township, nestled on a spacious 1.25 acre lot. Step inside to a bright interior with fresh neutral paint, new light fixtures, and durable vinyl plank flooring throughout. The updated kitchen shines with new cabinetry, countertops, backsplash and stainless-steel appliances-all included. Relax in your new primary suite with attached full bath. The basement adds valuable living space-ideal for a family room, home theater or game room. 4th Bedroom located in the basement with full bath perfect for a private guestroom.Turnkey condition-move right in and enjoy, schedule your showing today! No HOA.

4710 N Audubon Road, Indianapolis

Listing courtesy of eXp Realty, LLC.

$350,000
3 Beds ⋅ 3 Baths
One of the best values in the neighborhood! This exceptionally well-maintained home is truly clean as a pin and offers a finished basement, providing additional living space for entertaining, a home office, or recreation. The spacious living area features an oversized fireplace that creates a warm and inviting atmosphere, while the beautifully landscaped yard offers the perfect place to relax or entertain. Located in the desirable Perry Township School District, this move-in-ready home offers updates galore! Here are just some of the many recent improvements: HVAC and A/C (December 2025), luxury vinyl plank flooring (2025), dishwasher (2025), carpet (2026), water heater (2024), sump pump (2024), siding (2021), and a new chimney cap (2026). Don't miss your opportunity to own this beautifully updated home at an incredible value!

7816 Rock Rose Court, Indianapolis

Listing courtesy of Your Home Team.

$305,000
4 Beds ⋅ 2 Baths
Welcome home to your slice of the pie! This beautifully renovated 4-bedroom, 2-bathroom home offers the perfect blend of modern updates, comfort, and convenience-all in a fantastic location close to shopping, dining, schools, parks, and everything Indianapolis has to offer. Step inside to discover a bright, inviting interior featuring brand-new flooring, beautifully updated bathrooms, a new roof, and countless additional improvements that make this home truly move-in ready. Every update has been thoughtfully completed, allowing you to enjoy the benefits of a renovated home without the hassle of tackling projects yourself. Whether you're looking for your first home, more space for your family, or simply a place to call your own, this home is your opportunity to claim your own slice of the pie. With its spacious layout, quality updates, and exceptional value, this is one you won't want to miss. Schedule your private showing today before it's gone!

8427 Country Meadows Drive, Indianapolis

Listing courtesy of Sycamore Roots Realty.

$360,000
4 Beds ⋅ 3 Baths
Nice view of lake from new Deck as well as many rooms in the house. This lovely four-bedroom home with primary bedroom suite, has vaulted ceilings. 9-foot ceilings on main floor and many updates. Hardwood and ceramic flooring in much of the house updated kitchen. Finished basement in this Estridge Built Home with cement board siding. located on a cul-de-sac. come and see it. Seller to provide 2-year home warranty and up to $5500 in repairs cost.

636 Creston Point Circle, Indianapolis

Listing courtesy of Frierson's, LLC.

$210,000
3 Beds ⋅ 2 Baths
This tri-level-style home presents an exceptional opportunity for contemporary living. The recently updated kitchen, featuring a central island, seamlessly integrates with the living room in an open-plan design, fostering an environment ideal for both daily living and entertaining. An attached garage provides convenient parking and storage. The residence also includes a basement, offering additional functional space, and a welcoming covered front porch. Discover the lifestyle awaiting you at this thoughtfully redesigned home. The primary bedroom can easily be converted turning this residence back into a true 4 bedroom home.

4047 Harmony Lane, Indianapolis

Listing courtesy of REMAX ONE.

$155,000
2 Beds ⋅ 2 Baths
Welcome home to this charming, move-in ready 2-bedroom, 2-full-bath bungalow that's been thoughtfully updated and is ready for its next chapter. From the moment you step inside, you'll appreciate the fresh feel created by beautiful new luxury vinyl plank flooring, stylish light fixtures, and modern updates throughout, blending timeless character with today's conveniences. The inviting layout offers comfortable living spaces filled with warmth, making it easy to picture cozy evenings at home or gathering with friends and family. Downstairs, the spacious basement provides endless possibilities-create the ultimate recreation room, home gym, office, hobby space, or additional storage to fit your lifestyle. Step outside to a generously sized backyard that's perfect for summer barbecues, entertaining guests, gardening, or simply relaxing in your own private outdoor retreat. Whether you're a first-time homebuyer, looking to downsize, or searching for a turnkey investment, this adorable bungalow offers the perfect combination of charm, functionality, and peace of mind. All that's left to do is move in and start making memories!

3408 Harvest Avenue, Indianapolis

Listing courtesy of LLM Capital.

$625,000
4 Beds ⋅ 4 Baths
Step into a piece of Indianapolis history reimagined for modern living at 3017 N Delaware ST. This completely remodeled 4048- sq ft single-family residence, originally built in 1915, offers an exceptional blend of classic charm and contemporary comfort across its 4 stories including a finished Basement and Attic! The recently updated kitchen is a culinary dream, featuring stainless steel appliances, a custom range hood, and a convenient wine cooler. A spacious island with a sink provides ample prep space and seamlessly connects this open-plan area with the living room, fostering an inviting atmosphere for entertaining and everyday life. Journey through the home to discover 3 full bathrooms, each designed with comfort in mind. Upstairs bathrooms offer the luxury of a double vanities and a spacious layout, while one bathroom features a tub/shower and the Primary a walk-in shower for a refreshing start to your day. Primary also offers a spacious private Deck for you to relax with your morning coffee! With four bedrooms, there is ample space for rest and rejuvenation. Outside, a private yard offers a tranquil retreat, complemented by a welcoming porch perfect for enjoying the outdoors. Discover the refined lifestyle that awaits you in this thoughtfully renovated residence. Make an Appointment now to see this fabulous home in person!

3017 N Delaware Street, Indianapolis

Listing courtesy of Vision One Real Estate.

$949,999
4 Beds ⋅ 5 Baths
Stunning new construction by Irongate Construction Group, thoughtfully designed on one of Indianapolis' most exciting emerging corridors at 906 E. 16th St. This 4-bedroom, 4.5-bath home delivers 3,122 SF across a beautifully finished layout, with soaring 10' ceilings throughout, dramatic tray and vaulted ceilings in the bedrooms, and a vaulted, skylit stairwell leading to the second level. The exterior blends wood cladding, brick veneer & James Hardie siding beneath 30-year architectural shingles for a striking, modern facade with true curb appeal. Inside, wide-plank engineered hardwood floors, a custom trim package & designer lighting flow through an open-concept living and dining layout. The kitchen is finished with 42" shaker soft-close cabinetry, quartz countertops throughout, a large center island, walk-in pantry & a high-end Thermador appliance package built for both everyday living and entertaining. The primary suite is a private retreat, featuring heated floors and a curbless walk-in shower with a portion of frameless glass, double vanity & signature hardware on all plumbing fixtures. A full finished basement adds a wet bar & flex space, while a main-level bedroom offers everyday versatility. Covered outdoor living space and a heated back patio extend the home year-round, complemented by full irrigation & professional landscaping. This home is as smart as it is beautiful- Whole house generator, Control4 integration, UniFi cameras, video doorbell & networking with Cat6 wiring throughout, Alarm.com/Qolsys security, Lutron smart lighting & dimmers, whole-home audio & a central vacuum system with toe-kick kitchen inlet. The garage is EV charging-ready, and the basement features premium carpet with accent lighting. Finished with high-efficiency mechanicals, spray foam insulation & a new 2-car attached garage-this is elevated, tech-forward living in one of Indy's most exciting new corridors.

906 E 16th Street, Indianapolis

Listing courtesy of eXp Realty LLC.

$190,000
2 Beds ⋅ 2 Baths
Welcome home to this charming ranch with a finished basement offering 1,632 square feet of versatile living space and no HOA! Major updates have already been completed for your peace of mind, including the roof, HVAC system, water heater, and kitchen appliances, all just four years old, plus a washer and dryer that are only two years old and included with the home. The main level features two spacious bedrooms, a full bathroom, a bright living room, a dedicated dining area, and a beautifully updated kitchen with stainless steel appliances and a large center island perfect for everyday living and entertaining. The finished basement adds even more functional space with a generous family room, laundry area, ample storage, and a flexible bonus room that can serve as a home office, guest room, gym, or hobby space. Outside, enjoy a partially fenced backyard with garden beds and a storage shed. Ideally located just 12 minutes from the State Fairgrounds and within walking distance of Washington Park, you'll have access to 128 acres of recreation featuring nature trails, basketball courts, a new playground and splash pad, a disc golf course, and a community center. Move-in ready with thoughtful updates, flexible living space, and a fantastic location, this home is ready to welcome its next owner!

3421 Adams Street, Indianapolis

Listing courtesy of 1 Percent Lists Indiana Real Estate.

$975,000
4 Beds ⋅ 4 Baths
HISTORIC CHARM - MODERN LUXURY. Set on a spacious double lot in desirable Meridian Park, this beautifully renovated 1892 4BR/3.5BA Victorian-era residence blends exceptional modern craftsmanship while maintaining the home's historic charm. Completely renovated with nearly 800 sq. ft. added through a finished basement and expansive primary suite addition, creating flexible space for everyday living and entertaining. The custom chef's kitchen features GE Cafe stainless steel appliances, wine cooler, designer cabinetry, large mudroom with laundry area and a huge pantry. Custom closets throughout, engineered hardwood floors, designer lighting, beautifully appointed baths with designer tilework and fixtures and refined finishes continue throughout. Major upgrades include taking everything down to the studs and rebuilding the interior, adding new dual-zone HVAC, tankless water heater, cement board siding, JELD-WEN double-hung windows, new 3D shingles and roof decking, plus spray foam insulation at the attic roof deck for enhanced efficiency. Outside, mature trees, expansive lawn, patio space and a detached 2-car garage create a private, park-like retreat just minutes from downtown Indianapolis, museums, parks, dining, universities and cultural destinations. A distinctive blend of history, high-end finishes and thoughtful design in one of the city's most character-rich neighborhoods. Open House Sat 7/25 11am-1pm. Additional photos of the inside coming soon.

122 E 32nd Street, Indianapolis

Listing courtesy of Fathom Realty.

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