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

$689,000
2 Beds ⋅ 3 Baths
Upgrades galore in downtown Indianapolis' coveted, gated Watermark community! This turn-key home delivers thoughtful details at every turn, offering the perfect blend of sophisticated city living, premium privacy, and peace of mind. The heart of the home is a chef's kitchen designed perfectly for entertaining. It features premium custom cabinetry, beautiful granite countertops, a central island, a built-in Sub-Zero refrigerator, and high-end GE Monogram appliances, along with an eat-in kitchen. The sophisticated living spaces offer unparalleled comfort and functionality. Work from home seamlessly with dual dedicated office spaces, both featuring beautiful built-in bookcases. The primary retreat serves as a spacious sanctuary boasting two massive walk-in closets. Throughout the home, you will find three full upgraded bathrooms, fresh paint from top to bottom, and upgraded windows with integrated UV protection. Even the drywall is extra-thick to ensure exceptional peace, quiet, and soundproofing. For ultimate downtown convenience, the home also includes a rare 2-car attached garage. Enjoy the outdoors throughout the seasons with three distinct private outdoor areas, including a relaxing screened-in porch, a covered patio, and a covered balcony space perfect for your morning coffee. Nestled in an exclusive gated neighborhood, you are just moments away from the Indianapolis Canal Walk, major hospitals, Eli Lilly, and the very best dining, shopping, and entertainment that downtown Indianapolis has to offer.

663 Ellsworth Street, Indianapolis

Listing courtesy of @properties.

$380,000
2 Beds ⋅ 3 Baths
Picture perfect all brick end unit townhome in the gated community of Sycamore Springs, offering timeless New England inspired charm, a quiet setting and an abundance of natural light. Set along one of the community's picturesque tree lined streets, this beautifully designed home is ideally located near Clearwater Crossing, The Fashion Mall at Keystone and major interstates. Inside, walnut hardwood floors flow throughout the main level, where oversized windows, a fireplace, and thoughtfully selected finishes create a warm, polished feel. New Pella double hung windows are complemented by professionally designed custom window treatments & plantation shutters, while a California Closets built in adds stylish storage in the living room. The updated eat in kitchen features white cabinetry, granite countertops, tile backsplash, stainless appliances and a center island, opening to a spacious dining area and private balcony with peaceful tree lined views. Upstairs are two generous en suite bedrooms, each with an updated private bath. The primary suite features dual sinks, soaking tub, walk in shower and large custom walk in closet. The lower level offers a comfortable family room ideal for a second living space, media room or home office, plus a spacious 2 car garage. Additional updates include new tile and carpet, fresh interior paint, new lighting throughout, newer water softener and washer and dryer less than a year old. Enjoy the pool, clubhouse, fitness center and walking trails, all within one of north Indianapolis' most charming and convenient gated communities.

4036 Heyward Place, Indianapolis

Listing courtesy of Compass Indiana, LLC.

$284,900
Investment opportunity! Two-story duplex offering two spacious units. One unit features 3 bedrooms and 1.5 baths, while the second unit offers 4 bedrooms and 1.5 baths, with 4th bedroom on main level. The property also features backyard space and a detached 2-car garage. Convenient access to I-465 providing easy connectivity throughout Indianapolis with shopping, dining and other amenities nearby. Property is being sold AS-IS. Don't miss out on this opportunity to add this versatile multi-family property to your investment portfolio!

1338 N High School Road, Indianapolis

Listing courtesy of Keller Williams Indy Metro Partners.

$345,000
4 Beds ⋅ 3 Baths
Set on a lush, tree-lined lot with ultimate privacy and zero HOA fees, this charming multi-level retreat blends timeless character, flexible space, and valuable modern updates-including a brand-new roof and new water heater for complete peace of mind. Key Highlights: Turn-Key Upgrades: Major big-ticket maintenance is already handled with a newly installed roof and new water heater. Main Living Spaces: Rich hardwood floors run throughout, anchored by a light-filled living area with a classic brick fireplace, custom built-ins, and an adjoining formal dining room. Chef's Kitchen: Generously sized with abundant cabinetry, sleek stainless steel appliances, expansive counter space, and a cozy breakfast nook for daily meals. Flexible Layout: Includes extra main-floor flex space-ideal for a dedicated home office, sunroom, or playroom-along with spacious, light-filled bedrooms featuring hardwood flooring and tastefully updated baths with a double vanity and custom tile. Finished Basement: Built to entertain, the lower level boasts rich wood paneling, a second brick fireplace, a custom built-in bar, and ample room for a billiards table, media center, or gym. Outdoor Oasis: Step out onto the expansive multi-level deck overlooking a fully fenced, tree-canopied backyard-your private sanctuary for weekend barbecues and quiet morning coffee. Located in the highly desirable Devon Hills neighborhood-offering the perfect balance of serene, tree-lined privacy and easy access to local schools, dining, and shopping.

4936 Winston Drive, Indianapolis

Listing courtesy of eXp Realty LLC.

$224,900
3 Beds ⋅ 3 Baths

222 N Eaton, Indianapolis

Listing courtesy of Kline Properties, Inc..

$399,900
3 Beds ⋅ 2 Baths
Set on a tree-lined stretch of Guilford in the heart of Meridian-Kessler, this 1925 bungalow offers the neighborhood's best qualities without the project list. Three bedrooms and two full updated baths sit on one level, anchored by a living room with fireplace and a dining space that opens into an updated kitchen with quartz counters, stainless appliances, breakfast bar, and pantry. Replacement windows carry light wall to wall, and the original bungalow proportions stay intact: generous rooms, a floor plan that lives open without feeling gutted. A waterproofed basement adds two genuinely usable finished rooms: a family room and a bonus space that flexes to home office, gym, or guest quarters, plus laundry and storage. Outside, a fully fenced privacy yard and established landscaping deliver the rare combination of in-town convenience and a real backyard complete with a beautiful deck. The front deck with pergola is the kind of porch this street was built for. The Monon Trail sits a few blocks east: ride north to Broad Ripple and the farmers market, or south toward the Cultural Trail and downtown. The 54th and College corridor is around the corner, with coffee, the Red Key Tavern, SoBro restaurants, and groceries all within minutes. Butler University, Newfields, the Indianapolis Art Center, and the Central Canal are minutes away, and access to Keystone, Fall Creek Parkway. What is unusual is finding that address attached to a home already updated where it counts, dry and finished below grade, and ready for a buyer who would rather spend the first weekend on the deck than in a contractor's queue.

5360 Guilford Avenue, Indianapolis

Listing courtesy of Compass Indiana, LLC.

$425,000
4 Beds ⋅ 4 Baths
Nestled on nearly an acre of mature trees and natural beauty, this distinctive brick home offers a rare blend of character, comfort, and privacy. Sunlight fills the home's inviting spaces, where original hardwood floors, classic architectural details, and views of the surrounding woods create a warm and welcoming atmosphere. Whether enjoying a quiet morning in the breakfast nook, gathering with friends in the formal dining room, or unwinding in the cozy den with built-in bookshelves, every space is designed to be lived in and enjoyed. The window-lined sun porch provides a peaceful retreat and a front-row seat to the changing seasons. The main-floor primary suite offers everyday convenience, while a dedicated office creates a comfortable space for working, creating, or managing daily life from home. Upstairs, three additional bedrooms and abundant storage provide flexibility for guests, hobbies, or changing needs over time. The walkout basement expands the home's possibilities, offering space to gather, work on projects, or pursue favorite pastimes, along with ample storage. Outside, the wooded setting invites time spent on the front porch or on the paver patios, enjoying the property's privacy and tranquility. With no HOA, ample room to spread out, and a setting that feels tucked away while remaining connected to everyday amenities, this character-filled home offers the space, flexibility, and lifestyle that are increasingly hard to find.

7223 Whitehall Drive, Indianapolis

Listing courtesy of CENTURY 21 Scheetz.

$300,000
3 Beds ⋅ 3 Baths
Welcome home to 3717 Paddington Lane! Tucked into the sought-after Camberwood neighborhood on Indy's northwest side, this spacious 3 bedroom, 3 bathroom home offers the perfect blend of comfort, style, and functionality. Step inside to a kitchen featuring gorgeous granite countertops, ideal for everyday living and entertaining alike. The downstairs bathroom has been fully remodeled with a fresh, modern touch you'll love. Out back, enjoy total privacy and peace of mind with a fully fenced backyard - perfect for pets, kids, or weekend gatherings. With three full bathrooms, everyone gets their own space, and the thoughtful layout throughout makes day-to-day living a breeze. Ideally located close to shopping, dining, and parks, with easy access to I-465 and I-65 for a quick commute anywhere in the city, and zoned for Pike Township schools. Homes like this don't last long, schedule your private showing today!

3717 Paddington Lane N, Indianapolis

Listing courtesy of @properties.

$425,000
3 Beds ⋅ 3 Baths
Nature lovers take note. Here's a wonderful opportunity to live in Eagle Creek - one of Indy's best-kept secrets. Wooded neighborhoods, miles of trails, a serene reservoir and the third largest city park in the nation are all your fingertips. You'll feel miles away from the hustle and bustle while being conveniently located to everything. Easy access to I-465 means you can be downtown, Brownsburg, Zionsville or the Indy airport within 15 minutes. This move-in ready open-concept home is ready for a new chapter. Freshly painted inside and out, new carpet, newer roof and a community pool are just a few of the things waiting for the next owner. The flexible floor plan with versatile finished basement has a light and bright two-story living room with open railing and a cozy loft that would make a lovely home office or could be easily converted to a 4th bedroom. The kitchen with center island flows seamlessly into to the family room so the chef of the home is part of everything too. A large deck and fenced yard are great for kids, pets, entertaining or whatever you desire. Garage is extra wide with a built-in storage area because who doesn't need more storage? Had a long day? Head over to Eagle Creek Park where you can hike, bike, sail, pontoon, kayak, zipline and more or relax with dinner on the reservoir at nearby Rick's Boatyard. Is this your new home? Come check it out and see!

7531 Bramblewood Lane, Indianapolis

Listing courtesy of Hill & Associates.

$155,000
4 Beds ⋅ 3 Baths
Charming 4BR/1.5 single-family residence built in 1962 offers 1100 square feet of living space on a generous sized lot with a fenced in back and side yard. Home features oversized garage with tons of parking space and extra storage rooms for space.

9150 E 34th, Indianapolis

Listing courtesy of Discover Properties, LLC.

$230,000
5 Beds ⋅ 2 Baths
Beautifully renovated modern home offering incredible flexibility as a spacious five-bedroom, two-bath single-family residence or two separate living areas-ideal for a multigenerational household, in-law quarters, or potential rental income. A truly breathtaking oversized covered front porch welcomes you with soaring height, epoxy flooring, and a ceiling fan, creating an unforgettable entrance. Inside, the main level features three bedrooms, one full bath, an open-concept kitchen and living room, abundant natural light, LVP flooring, and a stackable laundry area. The stunning kitchen offers quartz countertops, a tile backsplash, stainless steel appliances, a gas range, range hood, painted cabinetry, a new sink, and a breakfast bar. The finished lower level includes two bedrooms with egress windows, a second kitchen with butcher-block countertops and stainless steel appliances, a living room, ceramic tile flooring throughout, a full bathroom with a beautifully tiled rain shower, and a utility/laundry room with epoxy flooring and a utility sink. Extensive improvements include some new windows, new electrical wiring and panel, new plumbing and gas lines, new ductwork and stairs, updated bathrooms, new light fixtures, a new front door, and fresh neutral paint inside and out. The stone exterior is complemented by an additional side porch with epoxy-coated concrete, a four-year-old roof, one-year-old gutters, a 2021 gas water heater, and a 2019 furnace and A/C. Outside, enjoy sidewalks around the home, a fenced backyard, storage shed, double-gate access, and a spacious gravel parking area with room to accommodate both living spaces.

3128 Adams Street, Indianapolis

Listing courtesy of Keller Williams Indy Metro Partners.

$450,000
3 Beds ⋅ 3 Baths
Located within the Broad Ripple/Meridian-Kessler area awaits this darling 3 bedroom, 2 1/2 bath Dutch Colonial whose location is close to everything fun! Walk to Broad Ripple Village for shopping or dining, stroll along the Canal Tow Path, or bike on the Monon Trail. Plus, it's just one block from Dan Wakefield Park offering tennis courts, volleyball, water 'splash pad', playground equipment and picnic pavilion. Step inside the home and find original hardwood floors and crown molding, a large living room with glass doors flanking the charming fireplace, and a lovely archway framing the graciously wide stair to the 2nd floor. Don't miss the main floor office which is ideal for those lucky enough to work from home. The kitchen and baths have all been renovated, there is a main floor laundry room and generous half bath (both rare for Broad Ripple), and all windows have been replaced with vinyl thermal units. The basement offers a spacious, fully finished family room, full bath with shower, and storage space. To round things out, the outdoor living/entertaining spaces include a large backyard deck, and a quaint & inviting screened porch. Other features include: Brand new roof installed Spring 2026 (full tear-off); Main sewer line replacement with PVC line & cleanout in 2016; Foundation walls are poured concrete (unusual for this age of home); New sump pump installed recently for added peace of mind, though the Seller has never experienced water or moisture in the basement. Come take a look and fall in love!

6016 N Park Avenue, Indianapolis

Listing courtesy of United Real Estate Indpls.

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