Indianapolis Homes with Unfinished Basement

Indianapolis Homes with Unfinished Basement

Welcome to Indianapolis, the vibrant heart of Indiana! Nestled in Marion County, this dynamic city is known for its rich history, diverse culture, and thriving economy. Whether you're a sports enthusiast, arts lover, or foodie, Indianapolis has something to offer everyone. Explore the renowned Indianapolis Motor Speedway, home of the famous Indy 500, or take a leisurely stroll through the picturesque White River State Park, where nature meets urban charm.

For those considering a move to this bustling metropolis, Indianapolis boasts a wide array of homes to fit any lifestyle. One standout feature in many of these residences is the unfinished basement. Imagine the possibilities! An unfinished basement provides a blank canvas, allowing you to customize the space to your liking. Whether you envision a cozy family room, a home gym, or a creative studio, the potential is limitless.

Homes with unfinished basements in Indianapolis not only offer extra square footage but also the opportunity to increase the value of your property. As you settle into this welcoming community, you can transform your basement into a functional space that meets your unique needs.

With its affordable housing market and a strong sense of community, Indianapolis is the perfect place to plant your roots. Come and discover the charm of this Midwestern gem, where your dream home awaits!

Newest Indianapolis Homes with Unfinished Basement

$50,000
2 Beds ⋅ 1 Baths
INVESTOR ALERT!!! Perfect BRRRR opportunity. Re-envision the interior and make this one a beauty! No wholesalers, no retrades, as-is where is, no repairs or credits will be given. Do your due diligence prior to submitting an offer. Contracted price is the final price. Cash or hard/private money only. Home will not qualify for a traditional loan.

1638 N Temple Avenue, Indianapolis

Listing courtesy of eXp Realty, LLC.

$225,000
3 Beds ⋅ 2 Baths
Welcome to 311 North Temple Avenue-a nicely renovated, three-bedroom, 1.5-bath home offering nearly 1,800 square feet of comfortable living space. Notice a welcoming front porch, elevated above the street and perfect for people-watching. The house includes a small backyard with alley access and parking. Inside, a huge living room and a modern kitchen with stainless steel appliances. The basement is great for storage and ready for your personal touch. This 1900s charmer blends historic character with modern comfort. Large closets in each bedroom. Ideally located just minutes from downtown Indianapolis.

311 N Temple Avenue, Indianapolis

Listing courtesy of F.C. Tucker Company.

$179,900
2 Beds ⋅ 1 Baths
This Irvington bungalow has the character buyers love about the neighborhood while offering plenty of updates and usable space. Original hardwood floors run through much of the main level and pair nicely with fresh paint throughout the home. The oversized living room gives you plenty of room to spread out and features built-in bookcases that add even more of the charm you expect in an Irvington home. The updated kitchen includes appliances and offers both a breakfast nook for casual meals and a separate formal dining room when you need a little more space. The bathroom has also been updated, and a new air conditioner gives you one less major item to worry about. The full unfinished basement provides plenty of extra space for laundry, storage, a workshop, or a combination of all three. Outside, one of the best features of the home is the extra-large covered front porch-a great spot for a couple of chairs and a place to enjoy the neighborhood. A one-car garage adds off-street parking and additional storage. If you've been looking for an affordable home in Irvington with original charm, modern updates, and useful extra space, this one is worth a look.

228 S Arlington Avenue, Indianapolis

Listing courtesy of Ferris Property Group.

$420,000
8 Beds ⋅ 5 Baths
Opportunity is knocking at 3030 N Capitol Ave! This spacious 8-bedroom single-family home offers an incredible amount of space, flexibility, and income potential in a location that puts you just minutes from Newfields and Butler University. Recently rented for $3,500/month, this property has already demonstrated strong rental potential-and with eight bedrooms, the possibilities become even more interesting. The generous room sizes allow for multiple beds in many of the bedrooms, making this property especially well-suited for an investor exploring a room-by-room rental strategy, co-living opportunity, or other creative income-producing use. Inside, the home feels even larger than you might expect thanks to extra-tall ceilings and an abundance of space throughout. Whether you're looking for a property to add to your portfolio, a house with room for a large household, or a home with the flexibility to create additional income, there is plenty here to work with. Outside, you'll find a private backyard, a fenced-in front yard, and one of the home's standout features-a partial wrap-around covered front porch that adds tons of character and creates the perfect spot to sit, relax, and enjoy the neighborhood. And then there's the location. Minutes from Newfields, Butler University, restaurants, shopping, parks, and all that the vibrant west side of Indianapolis has to offer, this is a location that continues to attract students, professionals, families, and investors alike. Eight bedrooms. A proven $3,500/month rental history. Flexible living space. A fantastic location. The opportunity here is real-you just have to decide what you want to do with it.

3030 N Capitol Avenue, Indianapolis

Listing courtesy of eXp Realty, LLC.

$120,000
2 Beds ⋅ 1 Baths
Charming 2 bedroom, 1 bathroom single-family home. The home features a practical layout, making it a great option for a first time homebuyer, downsizer, or investor. Enjoy the added convenience of a detached 2 car garage. The fenced backyard offers an outdoor space perfect for entertaining. Conveniently located in Indianapolis with easy access to nearby amenities, dining, shopping, and highways. Don't miss out!

1527 N Chester Avenue, Indianapolis

Listing courtesy of Triple E Realty, LLC.

$650,000
2 Beds ⋅ 2 Baths
Designed by Jason Wolfe and built by ReDev, this architecturally modern home seamlessly blends sleek, modern design with unique, functional living spaces and sits directly on the Monon Trail! The interior is flooded with natural light, featuring Marvin windows, innovative polycarbonate wall separators, and ample skylights throughout. The open-concept main floor boasts high-end finishes, including bamboo flooring and custom ceiling-height cabinetry with a focal beam bar top. The mudroom and laundry area offer fantastic, organized storage solutions to keep your home tidy. The upper level features two well-appointed bedrooms, including a primary complete with a separate vintage soaking tub, alongside a dedicated secondary office space. Second bedroom is open to below and can flex as an additional living space or office. For room to grow and invest, the unfinished basement comes roughed-in with plumbing for a full bath and an egress window-perfect for a fourth bedroom, a workshop a fitness studio or media room. The outdoor space is an entertainer's dream, featuring professional hardscaping and a fire pit pre-plumbed for gas. A major highlight is the heated garage, which includes an EV charger outlet and a versatile carriage house above. This private retreat functions as a third bedroom and an additional office space, which includes a kitchenette, a full bath, laundry hookups, and a clever sliding bookcase door that provides privacy for the bedroom area. A Murphy bed is included adding to the space's versatility and making it move-in ready for guests or potential income generation. Incredibly convenient to Soley Wine, Provider, Monon 16 Community Garden, Polk Stables, Greek Pizzeria, The Alchemist, Recess Matcha and anywhere the Monon will carry you!

1617 Cornell Avenue, Indianapolis

Listing courtesy of @properties.

$99,000
3 Beds ⋅ 1 Baths
Welcome to 64 S Denny in the desirable Christian Park neighborhood! This three-bedroom Craftsman offers classic character, a welcoming covered front porch, and space to make your own. Inside, arched doorways add charm, while the exceptionally spacious primary bedroom on the second floor provides a retreat with room for a sitting area or workspace. The covered front porch is a lovely spot for morning coffee or unwinding at the end of the day. Out back, the large yard offers space for gardening, entertaining, or simply enjoying the outdoors. Previously used as a rental, this home presents possibilities for homeowners and investors alike. Bring your personal style and make this Craftsman's next chapter your own!

64 S Denny Street, Indianapolis

Listing courtesy of Highgarden Real Estate.

$299,900
4 Beds ⋅ 3 Baths
Welcome to this charming single-family residence offering 2259 square feet of inviting living space. This ready-to-move-in home presents a unique opportunity and value having been well maintained and cared for by long term owners. The downstairs living space has hosted many family and social gatherings with plenty of areas to spread out in different places around the home. The spacious kitchen and dining room location makes hosting meals a breeze. The living room provides a roomy social gathering space and the family room a comfortable retreat, featuring a cozy fireplace and built-in shelves. All 4 bedroom contain the character and quality of original hardwood flooring with easy access to 2 full bathrooms. The basement adds very useful storage, extra hang out room, workout room and laundry/utility. The back 3 season enclosed patio provides yet another place to enjoy the morning solitude, gathering with others or simply enjoying the back yard view. This property also includes an attached garage and outdoor shed for adequate storage. The generous lot size provides ample outdoor room for kids, pets or social gatherings without any back door neighbors. Discover the possibilities this delightful 4-bedroom, 2.5-bathroom home, with a basement and delightful outdoor space, holds for your future.

2162 Lema Court, Indianapolis

Listing courtesy of Hoosier, REALTORS®.

$209,900
3 Beds ⋅ 2 Baths
Completely renovated down to the studs in 2023, this 3-bedroom, 1.5-bath home provides the benefits of a substantially updated property just minutes from downtown Indianapolis. The extensive rehab included new electrical, plumbing, insulation, drywall, HVAC and ductwork, water heater, roof, flooring, kitchen, bathrooms and more. The home has been successfully operated as a furnished mid-term rental, primarily serving traveling medical professionals, and downtown visitors/workers. It is offered fully furnished and turnkey, including furniture, appliances, tv, doorbell cameras, electronic locks, full fence, washer/dryer, kitchenware, linens, towels and other household essentials-great potential for an investor, furnished-rental operator looking for instant cash flow, looking for a completely move-in-ready home. The property is within walking distance of Brookside Park, with trail access (Pogues Run Trail) connecting toward Spades Park, Factory Arts District, Bottleworks District, Mass Ave and downtown Indianapolis. Separately listed vacant parcels in close proximity to this home are available. One is located just across the intersection. These may also be purchased and allows additional possibilities for gardening, urban farming, outdoor recreation or future development.

1370 N Ewing Street, Indianapolis

Listing courtesy of Beycome Brokerage Realty LLC.

$575,000
4 Beds ⋅ 2 Baths
Brown County living in the heart of Washington Township! Tucked away on a magnificent .51-acre wooded lot, this striking contemporary 2-story offers a rare combination of privacy, architectural interest, and an unbeatable location. A circular drive welcomes you to this distinctive 4-bedroom, 2-full-bath home, where a gracious 2-story entry opens to a dramatic great room with a soaring cathedral ceiling framed with artisan wood beams, wood-burning fireplace, and walls of floor-to-ceiling windows that fill the home with natural light and bring the outdoors in. The open, light-filled main level is designed for both everyday living and entertaining, with a kitchen featuring a center island and pantry, breakfast room, formal dining room for intimate dinners, and two generously sized bedrooms. The great room opens directly to a fabulous 20x11 screened porch with built-in storage and an expansive 3-tier deck overlooking the spectacular, private wooded backyard-an exceptional setting for entertaining, relaxing, or simply enjoying nature. The spacious primary suite is a private retreat with vaulted ceiling, sitting area, ensuite bath with double sinks and private WC, plus the unexpected luxury of a cedar closet. California Closet systems in the bedrooms provide exceptional, thoughtfully designed storage. Upstairs, a large loft overlooking the great room offers terrific flexible space for a family room, home office, workout area, or whatever suits your lifestyle. Walls of windows, soaring ceilings, a wonderful circular floor plan, beautiful wooded views, and multiple outdoor living spaces create the unmistakable feeling of a peaceful Brown County retreat-without ever leaving Washington Township. A convenient main-floor laundry/mudroom off the 2-car garage adds to the easy livability, while a newer roof and HVAC provide important peace of mind. Architecturally distinctive, wonderfully private, and truly a special place to call home!

7880 Sunset Lane, Indianapolis

Listing courtesy of MacGill Team, P.C..

$519,000
3 Beds ⋅ 3 Baths
Timeless character, thoughtful updates, and an exceptional .42-acre setting define this beautifully maintained 3-bedroom, 2.5-bath home with basement in sought-after Steinmeier, one of Indianapolis' most established north-side neighborhoods. Elegant double front doors, mature trees, and beautiful landscaping create memorable curb appeal before you even step inside. The main level is warm and inviting, with distinctive pegged hardwood floors and generous living spaces designed for both everyday life and entertaining. The bright kitchen features granite countertops, casual dining space, and an easy connection to the home's gathering areas. A formal dining room provides an elegant setting for holidays and dinner parties, while the impressive sunken family room delivers wonderful character with painted cedar walls, built-ins, and a gas-log fireplace, flowing naturally into the light-filled living room. Plantation shutters add a timeless finishing touch. A convenient main-level laundry room and dedicated planning desk area make everyday organization effortless. Outdoor living is equally impressive. The large screened porch overlooks a beautifully landscaped backyard with an inviting patio, mature trees, and plenty of usable lawn-perfect for morning coffee, summer dinners, entertaining, or quiet evenings at home. The unusually wide .42-acre homesite offers the space and privacy buyers value while remaining convenient to everything Indianapolis' north side has to offer. Updated mechanicals, a basement, flexible living spaces, and unmistakable pride of ownership complete the package. Steinmeier is prized for its mature trees, spacious lots, distinctive homes, and established neighborhood charm. A rare opportunity to enjoy character, space, and exceptional indoor-outdoor living in a truly special Indianapolis setting.

7209 N Grand Avenue, Indianapolis

Listing courtesy of Real Broker, LLC.

$435,000
4 Beds ⋅ 2 Baths
Welcome to 4060 Broadway Street in the heart of Meridian-Kessler, brimming with architectural charm & timeless, homey elegance! When you arrive, you are greeted with a tree-lined streetscape & welcoming front porch that set the tone for authentic Midtown living. Step into a light-filled living space adorned with original wood trim, classic built-ins with glass doors, & gleaming hardwood floors. The main level seamlessly flows from a cozy living room complete with a gas fireplace into a formal dining room with French doors, enveloped in rich, deep tones, ideal for dinner parties. The updated kitchen features striking black-and-white checkerboard tile, white cabinetry, stainless steel appliances, & brand-new counter tops. Upstairs, find 3 spacious bedrooms, office, & a full spa like bathroom, boasting a clawfoot tub alongside a white tile walk-in shower. The finished third-floor attic offers a 4th bedroom fully equipped with its own heat source, window ac unit, and closet. Outside, your private backyard features a new expansive patio, lush green lawn, full privacy fence, & a two car detached garage. There is a distinct magic to living in Meridian-Kessler. It is a neighborhood where historic architecture meets a vibrant, connected community. Living here means strolling down to your favorite local spot, whether it's picking up coffee at 49th & Penn, hopping on the Monon Trail for an afternoon bike ride, or catching up with friends over a meal at neighborhood favorites like Mama Carolla's, Cafe Patachou, or Twenty Tap. The location balances midtown convenience with a cozy, small-town atmosphere. Since the 1970s the community's pride has been anchored by events like the annual Meridian-Kessler home tour. And while Meridian-Kessler shines year-round, it truly comes alive during the holiday season with their legendary Halloween trick-o-treating & movie-like winter decor. Don't miss out on this home in one of Indianapolis' most cherished communities!

4060 Broadway Street, Indianapolis

Listing courtesy of @Properties | Christie's International Real Estate.

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