Indianapolis Homes with Cellar Basement

Indianapolis Homes with Cellar Basement

Welcome to Indianapolis, Indiana – a vibrant city that seamlessly blends rich history with modern living. Nestled in Marion County, Indianapolis is renowned for its welcoming atmosphere, diverse culture, and a myriad of recreational activities. From the iconic Indianapolis Motor Speedway to the lush parks and bustling downtown, there’s something for everyone in this dynamic city.

One of the unique features of homes in Indianapolis is the presence of cellar basements. These versatile spaces offer homeowners an opportunity to expand their living area, providing additional room for storage, recreation, or even a cozy retreat. Imagine transforming your cellar basement into a home theater, a personal gym, or a charming wine cellar – the possibilities are endless!

Indianapolis boasts a variety of neighborhoods, each with its own character. Whether you’re drawn to the historic charm of Fountain Square or the family-friendly vibe of Broad Ripple, you’ll find homes with cellar basements that cater to your lifestyle. These homes not only provide practical benefits but also add a layer of uniqueness to your living experience.

With a strong sense of community, excellent schools, and an array of dining and entertainment options, Indianapolis is an ideal place to call home. Explore the rich architectural styles and discover the charm of cellar basements that enhance your living space. Embrace the opportunity to create a home that reflects your personal style in the heart of Indiana’s bustling capital. Welcome to Indianapolis – where your dream home awaits!

Newest Indianapolis Homes with Cellar Basement

$899,900
5 Beds ⋅ 6 Baths
Welcome to 214 E St Joseph St, an 1880 Italianate estate in the historic St. Joseph neighborhood. This 5,760 sq ft masterpiece features 5 beds, 5.5 baths, original woodwork, crown molding, and a grand staircase. Enjoy an updated chef's kitchen, a hidden bookcase door, and a luxurious primary suite. The semi-finished basement boasts a full bath and a private speakeasy/wine cellar. Outside, a rare downtown oasis awaits with an in-ground pool and a hot tub. Unmatched urban convenience-convenient to Mass Ave dining, transit, and boutique shops. This is without a doubt a must see!

214 E Saint Joseph Street, Indianapolis

Listing courtesy of Redfin Corporation.

$214,900
4 Beds ⋅ 1 Baths
Welcome to this charming property nestled in the historic and vibrant Old South Side of Indianapolis. This fully furnished, turnkey Airbnb comes with all current furniture and bookings, offering a seamless opportunity for an investor or someone seeking a stylish, income-generating property. Step inside and you'll be greeted by the timeless beauty of original hardwood floors in the bedrooms, adding warmth and character to the space. The home features a cozy layout with ample natural light and modern updates, creating the perfect balance of old-world charm and contemporary living. Enjoy outdoor living on the covered back patio, ideal for relaxation or entertaining guests. The property is fully fenced, providing privacy and security, making it a perfect place for both short-term and long-term guests. This location is a true gem, just 2 miles from Monument Circle, the heart of downtown Indianapolis, and from the lively Fountain Square area. You'll also be in the historic Bates-Hendricks neighborhood, known for its rich history and eclectic charm. A highlight of this property is its proximity to two homes featured on HGTV's Good Bones (2 Chicks and a Hammer), which aired in July 2021. With this unique connection to a popular show, the property offers both style and recognition. Whether you're looking for a prime investment property or a place to call home, 1614 S Talbott St is a must-see. Don't miss out on this incredible opportunity in one of Indianapolis' most desirable areas!

1614 S Talbott Street, Indianapolis

Listing courtesy of RE/MAX Real Estate Prof.

$250,000
3 Beds ⋅ 2 Baths
Welcome home to this beautifully remodeled 3-bedroom, 2-full-bath, two-story home that is completely move-in ready! Thoughtfully updated from top to bottom, this home combines modern finishes with a functional layout designed for comfortable living. The spacious floor plan features three bedrooms with two ensuite bathrooms, offering added privacy and flexibility for homeowners, guests, or multi-generational living. Upstairs, you'll find a versatile bonus room that's perfect as a home office, playroom, media room, or additional living space. The second floor also features a walk-in attic with an ample amount of storage space, providing a convenient solution for seasonal items, hobbies, or keeping your home organized. Ideally located just minutes from downtown and within close proximity to Fountain Square, you'll enjoy easy access to some of the city's best restaurants, entertainment, shopping, and nightlife while still having the comfort of a quiet residential setting. Whether you're a first-time buyer or looking for your next home, this beautifully updated property checks all the boxes. Don't miss your opportunity to own this turnkey home in an unbeatable location-schedule your showing today!

1033 S Randolph Street, Indianapolis

Listing courtesy of Keller Williams Indy Metro Partners.

$275,000
2 Beds ⋅ 1 Baths
If architectural style is your JIVE, historic character makes your heart FLUTTER & Fountain Square is your TARGET, look no further than this darling 2-bedroom "Working Man's Victorian" in the heart of Indy's urban euphoria on Fletcher Avenue. Circa 1880, with soaring cathedral ceilings, floor-to-ceiling built-in shelving, original hardwood flooring & craftsman trim, ginormous kitchen, a real laundry room & sizeable rear bonus-room (for a plethora of uses), this cutie's floor plan suits a variety of configurations for modern living, while offering a spacious vibe on a COMFORTABLE BUDGET. The main-floor's front room (a/k/a "The Parlor" has served as a primary bedroom for decades - though you will need to be creative about a closet, but you will get the benefit of a picturesque fireplace by the bedside :-), while the cozy upstairs bedroom just got ductwork for central heat & air for the first time in it's history! The entire house has been freshly painted inside & out & refreshed where needed to make it a turn-key, owner-occupant-ready DREAM HOME for THIS century with a solid respect for LAST century. Enjoy evenings outback on the rear deck, in the fenced yard; string your lights, fire up the grill & invite the neighbors, cuz it's that kind of neighborhood! There's even room for a tomato plants & a garage with alley-access if you want to build one, and the neighboring property values will support that investment fully!

1533 Fletcher Avenue, Indianapolis

Listing courtesy of Carpenter, REALTORS®.

$189,900
2 Beds ⋅ 2 Baths
"Beautifully renovated two bedroom and two bath home in Old South Side. Home is 1,244 square feet. Featuring high ceilings that amplify the space. The first floor holds the front entry, living room, dining room, kitchen with butcher block countertops and newer appliances; one bedroom and main bath with laundry hookups. Follow the unique staircase up to find a spare room and master bedroom with full bath and attached closet. In the neighborhood is new apartment construction, new home construction and renovations. This is a great opportunity to be within 5 minutes of both Fountain Square and Downtown!!!" **Seller holds a real estate license

221 Kansas Street, Indianapolis

Listing courtesy of Lohmiller Real Estate.

$430,000
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.

$284,900
2 Beds ⋅ 2 Baths
Welcome to this beautifully updated home in the sought-after Bates-Hendricks neighborhood! This charming home features soaring ceilings, exposed brick, and an open living area filled with natural light. The kitchen offers granite countertops, stainless steel appliances, ample cabinet space, and a breakfast bar, while the adjoining flex room is perfect for a dining area or home office. The spacious primary suite includes large closets and a private walk-in shower, with a generously sized second bedroom and full guest bath completing the interior. Outside, enjoy a large deck overlooking the fully privacy-fenced backyard, plus a detached garage for parking and extra storage. A new HVAC system installed in 2022 adds peace of mind. Conveniently located just minutes from downtown Indianapolis with easy access to I-65 and I-70, this home is also within walking distance of Eli Lilly and close to local restaurants, parks, and everything Bates-Hendricks has to offer.

434 Parkway Avenue, Indianapolis

Listing courtesy of F.C. Tucker Real Estate Experts.

$180,000
2 Beds ⋅ 1 Baths
Don't miss this beautifully maintained home offering a fantastic opportunity for both owner-occupants and investors. Conveniently located with quick access to downtown Indianapolis, major highways, shopping, dining, and local parks. The home features a functional layout, spacious living areas, and generous bedroom sizes. Recent updates and pride of ownership make this property move-in ready while still offering room to add your personal touch. The large yard provides plenty of space for outdoor entertaining, gardening, or future improvements. Schedule your showing today-this is one your buyers won't want to miss!

3907 E 16th Street, Indianapolis

Listing courtesy of Redfin Corporation.

$230,000
2 Beds ⋅ 1 Baths
Welcome home to this adorable 2-bedroom, 1-bath bungalow in the highly sought-after Bates-Hendricks neighborhood! Full of charm and character, this home beautifully blends classic details with thoughtful updates. The renovated kitchen features modern finishes and functionality, while the updated bathroom offers a fresh, stylish feel. Enjoy comfortable living spaces filled with natural light, creating a warm and inviting atmosphere throughout. Step outside to a spacious, fully usable backyard-perfect for entertaining, gardening, or relaxing-and take advantage of the detached 2-car garage, providing ample parking and storage. Ideally located just minutes from downtown Indianapolis, Fountain Square, Garfield Park, local restaurants, breweries, and shopping, this home offers the perfect combination of historic charm, modern updates, and an unbeatable location. Whether you're a first-time homebuyer or looking to enjoy one of Indianapolis' most vibrant neighborhoods, this Bates-Hendricks gem is one you won't want to miss!

1510 Leonard Street, Indianapolis

Listing courtesy of F.C. Tucker Company.

$185,000
4 Beds ⋅ 2 Baths
Welcome home to Butler-Tarkington, where this charming 4 bedroom, 2 bathroom home sits proudly on a corner lot, offering both privacy and character from the moment you arrive. A beautifully shaded front yard creates a warm, inviting first impression, while the fully fenced-in backyard provides a quiet retreat for relaxing or entertaining. Step inside and you're immediately greeted by a bright, welcoming living room, an ideal space to unwind or gather with guests. Just beyond, the spacious dining room sets the stage for everything from casual family meals to memorable dinner parties. The kitchen is designed with both function and flow in mind, featuring modern appliances, ample cabinet storage, and generous counter space for prepping meals with ease. The main level also includes a conveniently located bedroom, perfect for guests or those seeking single-level living. Upstairs, you'll find three additional bedrooms, each filled with natural light and offering comfortable, versatile living spaces. With a full bathroom on each level, the home provides both convenience and privacy, complete with modern fixtures and thoughtful storage throughout. Out back, the fenced yard offers a secure, private setting to enjoy the outdoors, whether it's hosting friends, letting pets roam, or simply enjoying a quiet moment.

Indianapolis

Listing courtesy of Real Broker, LLC.

$300,000
7 Beds ⋅ 3 Baths
Whether you are looking to house extended family or generate rental income, this rare configuration offers unmatched flexibility. Main home offers a spacious 3-bedroom, 1-bathroom layout ideal for an owner-occupant or a primary rental. In-Law Quarters offers a private 2-bedroom, 1-bathroom setup perfect for extended family, guests or as a reliable additional income stream. Additional Unit has 2 bedrooms. 1 bathroom, which includes its own dedicated laundry room for maximum resident convenience. Enjoy peace of mind with recent modern renovations and refreshed finishes throughout all three living spaces. Property also includes a desirable 1.5 car garage perfect for vehicle parking, hobby space, or extra on-site storage.

2726 S Lyons Avenue, Indianapolis

Listing courtesy of Mark Dietel Realty, LLC.

$349,900
3 Beds ⋅ 3 Baths
This historic Irvington Charmer is fully updated and conveniently located close to everything the area has to offer! This 3 bedroom, 2 full and one half bathroom home is thoughtfully updated to preserve original details while adding designer finishes, bright living spaces, and beautiful new floors. The kitchen features restored cabinetry, new countertops, and stainless appliances. It opens seamlessly into the large living/dining area which abounds in natural light and features multiple built-in bookshelves and cabinets. The primary suite includes an updated bath and generous closet. The two additional bedrooms offer extra space and flexibility. Renovations carry a Certificate of Appropriateness from the Indianapolis Historic Preservation Commission. Don't miss out on your chance to be so close to everything this charming area of Irvington has to offer: Local favorites in dining, boutique shops, coffee houses, green space and beautiful parks, Pleasant Run Golf Course, and a branch of Indianapolis Public Library are just around the corner from your home and ready for your visit.

44 S Bolton Avenue, Indianapolis

Listing courtesy of CENTURY 21 Scheetz.

Start Your Search

Information Deemed Reliable But Not Guaranteed. © 2026 MIBOR Broker Listing Cooperative