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

8617 Vine Maple Way, Indianapolis
$665,000
6 Beds ⋅ 4 Baths
Welcome to 8617 Vine Maple Way! Situated on a desirable corner lot, this spacious 6 bedroom, 3.5 bath home offers a versatile layout with room to fit a variety of needs. The main level provides a layout that's complementary to entertaining or lounging quietly in the sun room. The large kitchen and great room feature a double sided fireplace that is sure to warm everyone's hearts. The finished basement provides additional living space and features 2 bedrooms and a generously sized Jack-and-Jill bathroom, perfect for multi-generational living arrangements. Located in the sought-after west side community of The Preserve at Eagle Creek, the property is surrounded by mature trees, beautiful foliage, and the natural beauty of the Eagle Creek area, with opportunities to spot local wildlife. Enjoy the combination of generous living space and a peaceful neighborhood setting in this inviting Indianapolis home.

8617 Vine Maple Way, Indianapolis

Listing courtesy of Dalisha Boone. The Vearus Group
506 E Vermont Street, Indianapolis
$389,900
2 Beds ⋅ 3 Baths
Enjoy the charm of Lockerbie Square at 506 E Vermont St, a two-minute walk from Mass Avenue and the Rathskeller. This three-level townhome offers 2 bedrooms, 1 full bath, 2 half baths, and 1,938 square feet, along with an attached garage and additional driveway parking. Hardwood floors, built-ins, and a gas-log fireplace bring warmth and character to the interior. The kitchen features granite countertops, a gas range, and a walk-in pantry. Outside, the private courtyard patio provides space to relax and enjoy views of downtown fireworks. Experience the character of Lockerbie Square with dining, shopping, and entertainment just a short walk from your door.

506 E Vermont Street, Indianapolis

Listing courtesy of Joseph Gray. HoosierWise Realty
2435 Broadway Street, Indianapolis
$725,000
4 Beds ⋅ 4 Baths
Located in Fall Creek Place | Move-in ready home placed on the stunning, quiet block of Broadway Steet. The open-concept main level features hardwood flooring, tall ceilings, a versatile sitting room perfect for an office or library. A thoughtfully designed kitchen with quartz countertops, gas range, and large center island. Kitchen open up to large dining space and living room featuring gas fireplace with tile surround. Thoughtfully designed mud room, pantry & convenient main level half bath rounds out the first floor. The second level holds three generously sized bedrooms, including a private primary suite with private covered balcony for everyday enjoyment. Two of the additional bedrooms share a jack and jill bath, and a updated laundry room makes for simpler living. Downstairs, the finished lower level adds flexible square footage - guest suite, home gym, or extra room for Family Room & hobbies. Outside, enjoy your own private backyard oasis with fenced backyard, stained stamped-concrete patio with gas line for fire-pit, garden area & multiple spaces for lounging/entertaining. Nearby favorites like Goose the Market, Baby's, Bocca, Gather 22, Loco, and MashCraft Brewing keep the neighborhood walkable and social. The Fall Creek Trail and Monon Trail are just minutes away for walking and biking, and downtown is a quick, easy commute. Blend of wonderful community and ample square footage downtown!

2435 Broadway Street, Indianapolis

Listing courtesy of Danielle Addison. Maywright Property Co.
6220 Bramshaw Road, Indianapolis
$525,000
5 Beds ⋅ 3 Baths
*Seller offering free rate buy down!* In the highly sought after DEVONSHIRE neighborhood, 6220 Bramshaw, with almost 4,000 finished sq ft, is a retreat from the big city. Conveniently located near 465 access, this wildlife lovers dream is ready for its next family. A midcentury modern ranch, set in the woods on 0.73 acres, with a fully walkout lower level, 5 oversized bedrooms, 3 fully renovated bathrooms, a fully renovated kitchen and kitchenette, and meticulous attention to detail from floor to ceiling. The roof was replaced in 2025, the HVAC system is 6yrs (2020), and the water heater is 7yrs (2019). With mid-century modern bones, new life has been breathed into every corner of every room. Fresh paint throughout the whole home, brand new appliances, all new 6mm luxury vinyl plank flooring, and brand new light fixtures in every space and room. The electrical system and panel have been upgraded this year for ease of mind. Special attention to detail was made to the back entertaining spaces with a brand new deck (2026) and all new exterior doors (2026) making the space ready for any gathering imaginable. Head down to the valley below in the backyard. A wide creek runs across the back property line, attracting wildlife like deer and others! Less than 20mins away from popular north Indy spots such as Broad Ripple, Keystone Fashion Mall, Fishers, and Carmel, homes like this one do not come up often. Come take a peek today!

6220 Bramshaw Road, Indianapolis

Listing courtesy of Craig Deboor. Real Broker, LLC
5807 Furnas Road, Indianapolis
$299,000
4 Beds ⋅ 3 Baths
Four Bedroom home with a full finished basement in Decatur Township. A fifth or sixth bedroom could be added to the basement area or use the basement for other living enjoyment. Beautiful updated large kitchen with all of the appliances staying. Newer flooring, roof, furnace, water heater, AC, front and sliding back patio doors, granite counter tops, siding, gutters, soffits, paint and garage door. Lots of rooms and room space. Two and a half baths. Large fenced backyard with a basketball court. The front yard landscape is already in place and waiting for the new owner to add special touches. Covered front porch. This home has been well maintained and the owners are looking for that special family to make an offer!

5807 Furnas Road, Indianapolis

Listing courtesy of Kathryn McCoy. Viewpoint Realty Group, LLC
1221 N Beville Avenue, Indianapolis
$739,900
4 Beds ⋅ 4 Baths
Custom Build - 4 Bedrooms, 3.5 Bathrooms, 2-Car Garage, 150' Deep Lot - in Downtown Indianapolis' Premier Windsor Park/Springdale Neighborhood - Just Blocks to Acclaimed Restaurants, Bakery, Coffee, Film, Parks, Trails and More | The Owners Say: "We say all the time that this is the best neighborhood we have ever lived in, due in large part to the people. It's our first neighborhood that actually feels like a neighborhood." | This 3,600 sqft luxury home is the showstopper - and in the community - you've been waiting for. You're going to love the engineered hardwood floors, Pella windows, custom doors, California Closet systems/built-ins, and a chef's kitchen with true, custom cabinetry, Proline appliances like the double oven gas range, the substantial marble island and bespoke backsplash. The main floor boasts ample entertaining spaces, from a hearth room with fireplace, to the dining area to the living room overlooking the hardscaped outdoor kitchen and built-in fire pit. The butler's pantry, half bath (so spacious) and mudroom extend the ease of living at this home. Upstairs, the well-appointed primary bedroom features a vaulted ceiling, stunning custom shower, dual vanity with marble top and generous walk-in closet. You'll also love the large laundry room with custom cabinetry, additional bedrooms, full bath and custom feature wall, in the upper level. The finished basement is the epitome of cool - ideal for entertaining family and friends - it offers a media area, bedroom, full bathroom and ample storage. Outdoors, you won't find a better front porch in the city, and the entire property is fully fenced. The backyard offers the perfect blend of hardscape and lawn; it even has the perfect gardening spot, complete with mature strawberry and raspberry plants. Bonuses: 3-zone climate control with high-end HVAC installed in 2021 | gutter guards | custom window coverings | Dolby Atmos speakers in the lower level | security system and Ring doorbell | water softener

1221 N Beville Avenue, Indianapolis

Listing courtesy of Natalie Clayton. Maywright Property Co.
1802 Bellefontaine Street, Indianapolis
$650,000
4 Beds ⋅ 4 Baths
Don't miss out on your chance to own Indy's original shipping container home! It is loaded with top tier finishes and appliances while being constructed out of incredibly resilient structural steel. Custom floating white oak staircase, glass feature wall, LVP flooring on all levels, quartz countertops in the kitchen and bathrooms, custom cabinetry throughout, stainless steel appliances, Carrara marble in the primary bathroom, 91/2-foot ceilings, and oversized commercial-grade windows that give this home the strongest presence of natural lighting you will ever see. Hosting parties in this home will a dream, setting up in your luxurious kitchen which opens up directly to the oversized deck with a full window wall and massive sliding doors. Movie nights in the perfectly finished basement family room will be the pinnacle of your winter nights. Second story and third story balcony's with downtown view. This was an incredibly well performing short term rental.

1802 Bellefontaine Street, Indianapolis

Listing courtesy of Gary Ruble. Keller Williams Indy Metro NE
5404 E Saint Clair Street, Indianapolis
$320,000
2 Beds ⋅ 2 Baths
Location, Location, Location! Discover the charm of historic Irvington in this spacious two-bedroom, two-full-bath stone home situated on a desirable corner lot directly across from Ellenberger Park! Blending timeless character with thoughtful updates, this inviting home offers comfortable living spaces, a finished basement, and an incredible outdoor setting. The main level features a generous living room, formal dining room, kitchen with breakfast nook, and two bedrooms. Newer LVP flooring adds a modern touch to the kitchen and dining room. Major updates include a complete HVAC system in 2019, new water heater in 2024, new roof, gutters, and driveway in 2023, plus a full electrical rewire in 2023. The finished lower level expands your living space with an impressive 18x32 great room, cozy fireplace, newer full bathroom, and a beautiful office or flex space perfect for working from home, hobbies, or additional entertaining. Step outside and prepare to be impressed by the stunning landscaping, highlighted by an amazing waterfall that creates a peaceful outdoor retreat. Gather with friends around the firepit, unwind in the charming breezeway connecting the home to the two-car garage, or explore the possibilities offered by the small cabin-style storage barn. Location truly sets this home apart! Ellenberger Park, a beloved 53-acre neighborhood destination, is right across the street and offers a swimming pool, sports fields, tennis courts, and scenic walking paths. Enjoy the unique character and vibrant community spirit of Irvington, including its famous Historic Irvington Halloween Festival, a cherished Indianapolis tradition since 1947 featuring a parade, street fair, and ghost tours. Homes offering this combination of character, updates, outdoor beauty, and an exceptional location rarely come available. Don't miss your opportunity to experience all this special Irvington home has to offer!

5404 E Saint Clair Street, Indianapolis

Listing courtesy of Steve Lew. Steve Lew Real Estate Group, LLC
8036 Heyward Drive, Indianapolis
$1,050,000
4 Beds ⋅ 4 Baths
Sycamore Springs Beauty A custom built Ranch home by Estridge Senior and was one of the 2000 Home A- Rama houses. Offering approximately 5,300 square feet of finished living space, featuring 4 bedrooms, 2 full baths, and 2 half baths. Primary on the Main additional 3 bedrooms on the lower level. Thoughtfully designed with an abundance of custom moldings, detailed millworker, and quality finishes throughout, this home blends timeless character. with comfortable living and exceptional entertaining spaces The inviting family room showcases a fireplace and beautiful built-ins, while the large kitchen provides plenty of space for gathering and entertaining. A bright sunroom offers an additional place to relax, and dedicated office space makes working from home a breeze. The spacious primary suite features a newly updated primary bath, creating a fresh and inviting retreat. The finished basement adds even more versatility, with a generous recreation room featuring a fireplace and built-ins, a wet bar, and a dedicated workout room. Whether hosting guests, enjoying movie night, or creating your own fitness routine, there is room for it all. Outdoor living is equally impressive, with a large screened-in porch, surrounded by trees for privacy a deck, and stamped concrete patio complete with a fire pit and sitting wall-ideal for relaxing evenings and entertaining family and friends. A 3-car garage with additional parking spaces completes this exceptional property, offering space, comfort, and amenities to suit a variety of lifestyles. Come see it today!

8036 Heyward Drive, Indianapolis

Listing courtesy of Jan Brown. United Real Estate Indpls
3537 N Gale Street, Indianapolis
$145,000
5 Beds ⋅ 2 Baths
This 5-bedroom, 2-full-bath home offers plenty of space and opportunity for a growing family, a buyer looking to make a home their own, or an investor seeking their next addition. The upper level features three bedrooms, a full bathroom, a kitchen and dining combo, and a comfortable living room. The lower level offers two additional bedrooms, a full bathroom, a spacious family room, a dedicated laundry room, and a walk-out covered patio-providing extra living space and flexibility. With a versatile layout and room to make it your own, this property is full of potential. Home Features a newer roof and water heater. The home does need cosmetic updates, making it a great opportunity for someone ready to add their personal touch and build equity, or for an investor looking to expand their portfolio. Bring your vision and explore the possibilities this spacious home has to offer!

3537 N Gale Street, Indianapolis

Listing courtesy of Laura Schneider. Visionary Empowerment Realty Group
260 W 44th Street, Indianapolis
$479,900
2 Beds ⋅ 3 Baths
Within walking distance of Butler University, this beautifully updated 1930 brick Tudor blends timeless character, modern style, and exciting investment potential! Whether you're looking for a place to call home or a possible turnkey Airbnb, 260 W 44th Street delivers! Inside, discover 2 bedrooms, 2 full baths, 1 half bath, and 2,646 square feet of finished living space. Natural light, fresh finishes, updated flooring, and charming arched doorways set the tone. The spacious living room features a fireplace, while French doors open to a sun-filled enclosed sunroom, ideal for an office, reading retreat, or creative space. A generous dining room connects to the beautifully updated kitchen with crisp white cabinetry, stylish countertops, stainless steel appliances, and modern accents. The fully finished basement expands your possibilities with a family room, recreation area, half bath, and versatile bonus room. Dreaming of a third bedroom? Adding a code-compliant egress window and meeting applicable requirements could make it possible, offering an exciting opportunity to add functionality and potentially build equity! Recent major basement waterproofing improvements are another standout feature. Outside, enjoy a privacy-fenced backyard, fire pit, and detached two-car garage. The corner-lot setting, covered front porch, and classic brick exterior add undeniable curb appeal. AND HERE'S THE BEST PART! THE HOME CAN BE PURCHASED FULLY FURNISHED WITH AN ACCEPTABLE OFFER! Skip the shopping and explore the possibility of a furnished, turnkey Airbnb investment! With Butler University just a short walk away, the location offers exciting potential for hosting visiting families, alumni, campus visitors, and Indianapolis travelers. Short-term rental use is subject to applicable regulations. Historic charm. Modern updates. Incredible flexibility. And a location that's hard to beat! Live in it. Invest in it. Love it. Schedule your showing today!

260 W 44th Street, Indianapolis

Listing courtesy of Erik Wentz. F.C. Tucker Company
9471 Timber View Drive, Indianapolis
$199,900
2 Beds ⋅ 2 Baths
Welcome to this beautifully remodeled condo, featuring thoughtful updates and inviting spaces throughout! The welcoming main floor offers comfortable everyday living, while two spacious upstairs bedrooms and a beautifully updated bathroom provide a relaxing retreat. The versatile basement offers additional space for a cozy family room, entertaining area, or playroom. Schedule your showing today and discover all this lovely home has to offer!

9471 Timber View Drive, Indianapolis

Listing courtesy of Kerolos Sarofem. HSI Commercial & Residential Group, Inc
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Listings courtesy of MIBOR Broker Listing Cooperative as distributed by MLS GRID.


Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker of MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some listings have been excluded from this website.


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