Indianapolis Homes with Partially Finished Basement

Indianapolis Homes with Partially Finished Basement

Welcome to Indianapolis, Indiana—a vibrant city that seamlessly blends rich history with modern living. As the state capital and the largest city in Indiana, Indianapolis boasts a diverse array of cultural attractions, bustling neighborhoods, and a strong sense of community. Known for its iconic Indianapolis Motor Speedway and thriving arts scene, the city offers something for everyone, from sports enthusiasts to art lovers.

Nestled in Marion County, Indianapolis is home to a variety of residential options, including charming homes with partially finished basements. These versatile spaces provide the perfect canvas for your creativity—ideal for a cozy family room, a home office, or even a play area for the kids. With a partially finished basement, you can enjoy the benefits of extra square footage without the commitment of a fully finished space. This flexibility allows homeowners to customize their basements according to their unique needs and lifestyle.

The neighborhoods of Indianapolis are as diverse as its residents, offering everything from historic homes in charming districts to modern builds in up-and-coming areas. The city is known for its friendly atmosphere and community spirit, making it an ideal place for families, young professionals, and retirees alike.

Whether you're looking to settle down in a vibrant community, enjoy the perks of city living, or find a home with that additional basement space to personalize, Indianapolis has it all. Explore the possibilities that await you in this dynamic city, where your dream home is just waiting to be discovered!

Newest Indianapolis Homes with Partially Finished Basement

$159,900
2 Beds ⋅ 2 Baths
The main bedroom opens two stories up to a vaulted ceiling, with a loft above it. You do not see that at this price. This is an end unit on 27th, a small street off Fall Creek that is quiet in a way you would not expect this close to downtown. The covered front porch looks out at the trees along Fall Creek, and the Fall Creek Trail is right there. Two bedrooms and two full baths spread over four levels. The living room has a full brick fireplace. The top floor loft works as an office, a flex room, or a third bedroom. The lower level adds a bonus room, a full bath, and laundry. The washer, dryer, and second refrigerator all stay. There is a one car "tuck under" garage. AC 2025, water heater 2021, furnace 2019. All Kitchen Appliances are included. Down payment assistance is available for qualified buyers.

114 E 27th Street, Indianapolis

Listing courtesy of Carpenter, REALTORS®.

$400,000
3 Beds ⋅ 2 Baths
Looking for an urban oasis? You found it! Gift yourself a sparkling, private pool this summer! Sure to be the envy of your friends, this home is an entertainer's dream! Welcome to Andover Square - an enormous ranch home on a walkout basement! Inside you'll find an updated, OPEN-CONCEPT interior with LVP flooring and stylish kitchen! Tons of cabinets and counterspace with a center island! Incredible views overlooking the front and back yards with mature trees and water! Large bedrooms with great closets and two full baths on the main. Downstairs is a bonus room that currently accommodates overnight guests plus 2 HUGE recreation areas - one being used for exercise equipment and the other as a family/game room! Entertain or relax in the sunroom overlooking a dreamy landscape OR take it out on the patio for barbeques and sunshine! Less than 10 minutes to the Binford Farmers' Market, multiple restaurants/shops and grocery options yet nestled away in a quiet, wooded, park-like setting!

4709 Andover Square, Indianapolis

Listing courtesy of CENTURY 21 Scheetz.

$185,000
2 Beds ⋅ 1 Baths
Welcome home to 2971 N. Tibbs Avenue! This charming 2-bedroom, 1-bath home offers the perfect combination of character, comfort, and room for your added touch. Step inside to the cozy living room that highlights a large picture window that fills the home with natural light. The dining room features built-in cabinetry, adding both charm and functionality. The finished basement expands your living space with a cozy fireplace, making it the perfect spot for a family room, recreation area, home office, or entertaining guests. You'll also appreciate the spacious laundry room that offers additional storage options. Step outside onto the large composite deck, ideal for relaxing, grilling, or hosting family and friends. The fully fenced backyard offers plenty of space for entertaining, while the storage shed provides convenient space for lawn equipment, tools, and outdoor gear. Conveniently located on Indianapolis' west side, this home is just minutes from the Indianapolis Motor Speedway, home of the world-famous Indy 500, as well as Marian University. Golf enthusiasts will appreciate being close to Brickyard Crossing Golf Course and Coffin Golf Club. You'll also enjoy quick access to downtown Indianapolis, I-65, I-465, shopping, dining, parks, and entertainment, making this an ideal location for both convenience and lifestyle. Don't miss your opportunity to own this move-in-ready home with easy access to some of Indianapolis' most iconic attractions!

2971 N Tibbs Avenue, Indianapolis

Listing courtesy of Highgarden Real Estate.

$350,000
3 Beds ⋅ 2 Baths
Enjoy the space and possibilities this 3-bedroom, 2-full bath ranch home has to offer! Situated on 2.5 acres in Decatur Township, this property features 1628 total finished square feet on main level, in addition to the 1400 square feet unfinished in the basement. Inside, you will find a spacious family room, dining area and kitchen, along with separate laundry on the main level. The sunroom porch in back offers a lovely view of the manicured, fenced in backyard. The primary bedroom boasts a hard to find ensuite AND walk-in closet. Major mechanical updates include a 3-year-old roof, furnace, and A/C, offering peace of mind for the next owner. The full basement has been partially finished and is ready for your creative finishing touches. The fenced backyard provides a great space for pets, play, or entertaining. With an attached 2-car garage, AND a pole barn, you'll have plenty of room for storage, hobbies, or a workshop. Acreage that's becoming harder to find and plenty of room to make it your own, this property offers a wonderful opportunity to enjoy country living while remaining close to everyday conveniences. Close enough to several major interstates to get around quickly, but far enough away to enjoy the quiet. Don't miss this one!

6620 Milhouse Road, Indianapolis

Listing courtesy of Weichert REALTORS® Cooper Group Indy.

$515,000
3 Beds ⋅ 3 Baths
Tucked among a canopy of mature trees on a private wooded corner lot, 7921 Lincoln Blvd offers a rare retreat-like setting in the heart of Washington Township. This distinctive multi-level home greets you with a soaring two story entry, handcrafted spiral baluster staircase, and brand new luxury vinyl flooring flowing throughout the entire main level. The spacious living room is anchored by a dramatic floor to ceiling marble tile fireplace with raised hearth, flanked by large picture windows and French door access to a private deck nestled among the treetops. The formal dining room features an elegant pendant light, arched doorway, and wooded views that make every meal feel like an escape. The kitchen impresses with abundant custom cabinetry, granite countertops, a center island with prep sink, stainless appliances, and a modern globe chandelier, opening directly into the vaulted three season sunroom complete with skylights, ceiling fan, and panoramic green views on three sides. A beautifully updated powder room rounds out the main level. Upstairs, the primary suite is a true sanctuary featuring soaring vaulted ceilings with a skylight, private balcony access overlooking the wooded lot, and a fully remodeled spa inspired en suite bath. The primary bath stuns with dramatic floor to ceiling black marble tile, a freestanding soaking tub, oversized shower with rain head and designer glass enclosure, custom fluted wood vanity with granite countertop, matte black fixtures, and floating wood shelves. Two additional bedrooms offer generous space, vaulted ceilings, and peaceful wooded views. A full bath with subway tile and glass enclosure serves the secondary bedrooms. The lower level adds finished living space, walkout access and laundry room. Multiple decks invite you to sit among the trees in complete privacy. All of this in coveted MSD Washington Township schools, minutes from the Monon Trail and Broad Ripple!

7921 Lincoln Boulevard, Indianapolis

Listing courtesy of Epique Inc.

$440,000
4 Beds ⋅ 3 Baths
Tucked into the established Shannon Lakes at Murphy's Landing neighborhood, this two-story brick beauty pairs timeless curb appeal with an updated interior suited for everyday living and easy entertaining. Inside, an updated kitchen with subway tile backsplash and stainless appliances opens to sun-filled living spaces, while the finished basement offers a true additional level for movie nights, game days, or a home gym. Retreat to the primary suite, complete with a private en-suite bath and walk-in-closet, and enjoy the fenced, tree-lined backyard for quiet mornings or weekend cookouts. Located in the highly regarded Perry Township school district and just minutes from Glenns Valley Nature Park's 30 acres of hiking trails and sledding hills, this home also offers effortless access to SR 37 and I-465. This puts downtown Indianapolis about 20 minutes away and Greenwood Park Mall's shopping and dining even closer. It's the rare combination of small-town calm and big-city convenience - a place to plant roots in one of the south side's most sought-after communities.

1555 Connemara Road, Indianapolis

Listing courtesy of Mark Dietel Realty, LLC.

$129,900
2 Beds ⋅ 1 Baths
Welcome to this single-family residence at 2338 S Rybolt AVE, INDIANAPOLIS, IN, offering a thoughtfully designed living space. This adorable home offers two well-proportioned bedrooms, providing comfortable private quarters and one full bath, designed for everyday convenience. This property is situated on a generous 5837 square foot lot. We invite you to discover the potential of this compelling property. Newer roof, HVAC less than a year old. Great Opportunity. Detached 2 car garage.

2338 S Rybolt Avenue, Indianapolis

Listing courtesy of Compass Indiana, LLC.

$489,900
4 Beds ⋅ 3 Baths
Everyone loves that Classic Colonial White Brick Charmer! The "Good News" is the INSIDE of the home is just as nice as the OUTSIDE! The room sizes throughout the home are very generous, you have a large casual family room for hanging out and watching TV, the gorgeous kitchen renovation opens up the back half of the home creating a free flowing area for dining and entertaining, on the other side of the homes main level enjoy a large secondary family room/living room with wood beams and cozy fireplace, the upper level contains 4 bedrooms all very generously sized, additional living space has been created in the basement for recreational space and plenty of storage, seller refinished a space in the basement for a private & quiet home office, trust me this home packs a punch in finished sq footage! Backyard is fenced, with concrete patio space, green space, PUTTING GREEN installed to help you make those clutch putts, The current sellers have done AMAZING updates: Kitchen renovation, gorgeous refinished hardwood floors main & upper levels have been refinished, Primary bath renovated, primary bedroom closet system installed, 2nd floor shared bathroom renovated, laundry room renovation, roof & gutters new in 2023! Wonderful location in north section of Devonshire, the large lot sizes and the mature trees make this neighborhood a very popular choice for the northeast side of Indy!

7215 Moorgate Road, Indianapolis

Listing courtesy of CENTURY 21 Scheetz.

$397,500
4 Beds ⋅ 3 Baths
Welcome home to this beautifully updated northside ranch offering the perfect blend of character, comfort, and modern convenience! Nestled on a spacious, mature lot in the highly desirable Brockton neighborhood. This 4-bedroom home features timeless original refinished hardwood floors, three separate living spaces, and a finished basement complete with a dry bar and versatile 4th bedroom that provides flexibility to make it a home gym, office space, guest room or playroom. The renovated kitchen shines with quartz countertops, maple cabinetry, stainless steel appliances, and stylish updates throughout. Updated bathrooms, newer mechanicals, fresh finishes, and thoughtful improvements make this home truly move-in ready. Step outside and enjoy your own private backyard retreat featuring a large deck with pergola and sundown lighting, firepit area, storage shed, updated landscaping, and a fully fenced yard perfect for entertaining or relaxing. Have peace of mind with updates including new roof (2026), improved HVAC system/new thermostat (2024), dishwasher/induction stove (2024), custom full walk in closet conversion in middle bedroom (2023), water heater (2022), sewer line (2022), SS appliances (2019), furnace (2019), vinyl windows with lifetime warranty (2014) and much more! The home boasts an oversized 2 car garage with a bump out and abundant storage. Located within walking distance to the Nickel Plate Trail and a prime location near Broad Ripple, Glendale, Nora and everyday conveniences of grocery, shopping, parks and more. Don't miss your chance to make this gem your own!

5866 N Olney Street, Indianapolis

Listing courtesy of Real Broker, LLC.

$365,000
2 Beds ⋅ 1 Baths
Uniquely charming 2-bedroom bungalow in desirable Broad Ripple and a former stop on the Indy Home-A-Rama Tour! This meticulously maintained home blends original character with thoughtful updates, featuring hardwood floors throughout the living room, dining room and bedrooms. The inviting living room offers a gas-log fireplace, ceiling fan and access to a bright sunroom. The beautifully updated kitchen features granite countertops, updated cabinetry, stainless steel appliances and slate flooring. The full bathroom includes elegant travertine tile, while both bedrooms offer cedar-lined closets. The finished basement provides exceptional additional living and entertaining space with a large bar, wood-burning fireplace, laundry room with utility sink, workshop and abundant built-in storage. A finished attic with a closet offers additional flexible space. Outside, enjoy the lush, manicured backyard with a new privacy fence installed in 2024 and a spacious stamped-concrete patio beneath a grapevine-covered arbor. The extended one-car garage provides additional storage. Major improvements include a new roof in 2024, solar panels installed in 2025, and a sump pump and water softener added in 2023. This beautifully cared-for home is filled with character and is truly a must-see!

5828 Indianola Avenue, Indianapolis

Listing courtesy of CENTURY 21 Scheetz.

$425,000
2 Beds ⋅ 2 Baths
Charming 1929 English Tudor in the Heart of Broad Ripple! Nestled in one of Indianapolis's most vibrant neighborhoods, this storybook English Tudor beautifully balances timeless historic character with thoughtful modern updates. Inside, original hardwood floors and classic arched entryways welcome you into a light-filled living area that flows into a spacious formal dining room. The fully updated kitchen is complete with a breakfast bar, sleek stainless steel appliances, and plenty of prep space. Upstairs, two bright bedrooms offer ample closet space, while a partially finished basement provides a versatile flex area perfect for a home office, gym, or rec room. The outdoor spaces are equally inviting, featuring a welcoming front porch and a fully fenced backyard with a private patio and mature trees, alongside a rare, detached two-car garage. Situated just steps from the Monon Trail, Broad Ripple Park, and a short walk to local dining, boutique shopping, and coffee shops, this home offers the perfect blend of quiet residential charm and immediate neighborhood convenience.

6059 N Park Avenue, Indianapolis

Listing courtesy of F.C. Tucker Company.

$310,000
4 Beds ⋅ 4 Baths
This 4 bedroom, 3.5 bath home offers more than 3,100 square feet, including a finished basement with additional living space, abundant storage, and surround sound wiring that's ready for your home theater setup. The oversized primary suite features a private bath with a whirlpool tub, while the fenced backyard provides space for pets, play, or entertaining. During the summer, you'll love having the neighborhood pool just across the street. Conveniently located near shopping, dining, parks and major commuter routes, this home offers incredible space and an opportunity to make it your own.

5748 Vicksburg Drive, Indianapolis

Listing courtesy of @properties.

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