Indianapolis Homes with Finished Basement

Indianapolis Homes with Finished Basement

Welcome to Indianapolis, Indiana—a vibrant city that beautifully blends rich history with modern living. Nestled in Marion County, Indianapolis is not just the state capital; it’s a thriving hub known for its diverse culture, friendly neighborhoods, and an array of recreational activities. Whether you're a sports enthusiast, a foodie, or an art lover, Indianapolis has something special for everyone.

One of the most sought-after features in homes across this dynamic city is the finished basement. Imagine transforming that extra space into your dream entertainment room, a cozy home office, or even a guest suite! Homes with finished basements in Indianapolis offer you the flexibility to create a personalized retreat that suits your lifestyle. These versatile areas can serve as a playroom for children, a gym for fitness enthusiasts, or a tranquil space to unwind after a long day.

The real estate market in Indianapolis is thriving, with a variety of neighborhoods offering homes with finished basements. From the historic charm of Irvington to the modern developments in Fishers, you’ll find options that cater to every taste and budget. With a strong sense of community and an array of amenities, living in Indianapolis means embracing a lifestyle filled with opportunities for connection, adventure, and relaxation.

Explore the beauty and functionality of homes with finished basements in Indianapolis, and discover how this feature can elevate your living experience. Your dream home awaits in this captivating city!

Newest Indianapolis Homes with Finished Basement

9460 Aspen Grove Lane, Indianapolis
$202,000
2 Beds ⋅ 2 Baths
Easy maintenance condo living! This spacious 3 level end unit condo offers loads of space and a convenient floor plan. Main level entry, kitchen with breakfast bar open to the living/dining room combo. Sliding door leads to back yard area separated by a privacy fence. Lower level provides more living area with a half bath and a laundry area. Upstairs you will find two nice sized bedrooms and a full bathroom. Low HOA fees, all exterior maintained by HOA. Great location close to shopping and interstate access.

9460 Aspen Grove Lane, Indianapolis

Listing courtesy of Becky Rogers. Diversified Realty Centre
2220 Woodcrest Road, Indianapolis
$345,000
4 Beds ⋅ 2 Baths
Welcome, welcome...she is a beauty. Absolute charm all the way through. The woodwork and hardwood floors catches your eye as soon as you enter, then immediately to the staircase. As you enter into the living room your eye is drawn to the fireplace, the size of the room, again the hardwood floors, the large window, the large opening into the dining area to the Pella door that has a perfect view to the back yard. It doesn't stop there. It flows right into the kitchen cabinets to the ceiling, SS refrigerator, and gas range/oven, updated charm the old with new. On around to 2 bedrooms and a full bath all on main level. Bedroom 4 is currently being used a office. Upstairs is 2 nice sizes bedrooms walk -in closet, and a beautiful updated bathroom. Incredible large family area in basement, and laundry room with plenty of storage. This 4 bedroom home 2 full baths, full basement, and 2 car garage, inground pool, with many updates is amazing. Ready for a new family. Roof 2021, Privacy fence 2025, fence stain 2026. Windows Renewal by Anderson Lifetime warranty 2021, Hot Water heater 2020, HVAC 2019, Pool was installed 2003 by Perma Pools and they have maintained/serviced it since on a regular basis. New cover 2025, Auto Pool Robo Vac 2026, Boiler Gas Heater heats at 1% an hour. Both bath have been updated, All appliances are staying including refrigerator in garage and basement, and freezer in garage.

2220 Woodcrest Road, Indianapolis

Listing courtesy of Dena Baker. Dena's Place Real Estate Servi
Indianapolis
$210,000
3 Beds ⋅ 2 Baths
3614 Patton DR, Indianapolis, IN, stands as a distinct single-family residence. Constructed in 1961, this BI LEVEL home offers 1,908 square feet of living space, blending established character with a functional layout tailored for modern living. The interior layout spans two levels, providing a flexible flow throughout the 1,908 square feet. The design includes three bedrooms, offering dedicated areas for rest and privacy. Additionally, the home is equipped with two full bathrooms. This home has been remodeled throughout. Option room in basement for a 4th bedroom,office etc. Seller says- updates include Brand New ROOF ,gutters, soffits on the house& garage roof replaced ,water heater and furnace 2 years, and the C/A 3 years. The property occupies a 7,623-square-foot lot with upper deck, partially fenced rear yard, providing a meaningful footprint for outdoor activity and personalization. Schools in area include Enlace Academy and Impact Academy.

Indianapolis

Listing courtesy of Terri Hoffman. The Elite Advantage, Inc.
818 N Oriental Street, Indianapolis
$775,000
3 Beds ⋅ 4 Baths
Seriously? It's hard to believe that this totally custom and bespoke home exists. Frankly, it had us at the front garden! Compendium and the homeowners outdid themselves collaborating to produce an abode like no other Downtown. The interior is dynamic and honestly perfect for a variety of groups. The main floor ideally combines intimacy with openness, offering a fireplace, large windows, and a unique glass wall separating the stairways to both the upstairs and finished lower level. The timeless kitchen is paired with a sliding glass door to the rear tranquil courtyard, which is equipped with a gas fire pit, a two-car garage, and a rooftop deck! The basement is top-tier, featuring yet another fireplace, a large living room, a wet bar, an additional bedroom, and a bathroom! Intimate garden rooms overlooking a treed and grassy field set the stage for a lifestyle like no other! The Cottage Home neighborhood is within walking distance to all that makes us love Downtown including The Daisy Bar, Sidedoor Bagel, Dorman St Bar, Bodhi, and all the fun at the Bottleworks District! You have found your stylish sanctuary in the city.

818 N Oriental Street, Indianapolis

Listing courtesy of Joe Everhart. Everhart Studio, Ltd.
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
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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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