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

4 Beds ⋅ 2 Baths

Discover the essence of comfortable living in Glendale's Woodside Addition! Tucked away from but conveniently located near major roads and highways, this home welcomes you with a generous lot boasting both a large front and backyard, a huge deck, a cabana, a hot tub, an inground pool, and multiple garages! The practicality, comfort, and entertainment don't stop there. The heart of the home, the great room, is centered around one of two cozy fireplaces- perfect for relaxing evenings or indoor gatherings when the weather turns cold. With four bedrooms and two full bathrooms, this home offers ample space and flexibility for you. This property is more than just a house; it's an opportunity to embrace a vibrant lifestyle in a desirable location. Welcome home.

6410 N Oxford Street, Indianapolis

Listing courtesy of Keller Williams Indy Metro Partners.

4 Beds ⋅ 2 Baths

WELL-MAINTAINED TRILEVEL IN PERRY TOWNSHIP WITH TWO GENERATIONS OF CARE. This move-in ready 1,872 sq ft tri-level home features four bedrooms, two full bathrooms, and sits on a .28-acre lot. MAJOR UPDATES ALREADY DONE. Recent improvements include a new roof, new HVAC (2023), new carpet throughout, and freshly painted rooms. New laminate hardwood was added to the upstairs bath. The lower level features a walk-in glass shower. COMFORT AND EVERYDAY CONVENIENCE. The main level living room features charming pocket doors. The kitchen offers a breakfast bar and an attached dining area, with a sliding door that opens onto the deck. The lower level bedroom includes an oversized closet with built-ins. All appliances stay, including a washer & dryer that are 2 years old. STORAGE AND EXTRAS. Keyless entry and a garage door opener are included. The 22x22 garage offers built-in storage, and two outdoor mini barns provide even more space. FLEXIBLE LIVING. The lower level family room could be a home office, rec room, or flexible space for your needs, with laundry currently located in the closet. READY FOR YOUR OWN TOUCH. Neutral throughout, this home is ready for a new owner to bring their own vision. Conveniently located on Indy's south side, come take a look and see if it's the right fit for you.

7927 Hoop Road, Indianapolis

Listing courtesy of Ferris Property Group.

6 Beds ⋅ 6 Baths

The Ultimate Waterfront Paradise: Luxury Lakefront Living Refined Boating, fishing, and thrilling watersports are right outside your back door at this stunning Geist waterfront residence. Nestled in a gorgeous, private setting, this luxury estate truly "has it all," offering panoramic pool and water views from almost every vantage point. The ultimate vacation living and entertaining experience awaits your family and guests. Many areas used as you wish reflected throughout the entire residence. Room for everyone with 6 bedrooms+6 baths No detail has been spared in blending grand architectural elements with easy care custom finishes. Your new Home ,framed by a gorgeous waterfront and professional landscaping. Ready to house your watercraft, offering instant access to open-water cruising and watersports. Inground Heated Swimming pool with sun deck plus an amazing 8 person hot tub to unwind beneath the stars. Outdoor kitchen covered bar area with wet sink. The main level is designed to maximize the beautiful surroundings while offering rich, sophisticated spaces for daily living. New Kitchen 2027 elevated Quartz, all new wolf induction cooktop, wolf oven and New Drawer style microwave. Pullouts galore, built in Coffee bar and New Subzero Fridge. Main level primary bedrm as well as main floor 2nd bedroom and additional New Full bath. Great for guest! All new Premium Waterproof LUXURY vinyl through all levels! Second kitchen/ bar area in basement with Amazing Wine cage .New HVAC 2023 and Tankless water heater too. New Cast iron custom stair railings too! Irrigation and electric fence are in place . All new fireplace surrounds with marble and stone hearths. So much to discover. Hurry and enjoy the Good Life.

12162 Pearl Bay Ridge, Indianapolis

Listing courtesy of United Real Estate Indpls.

4 Beds ⋅ 3 Baths

Welcome to 3516 Salem Street in Indianapolis-a beautifully updated home offering a fantastic combination of modern improvements, flexible living space, and an incredibly convenient location just minutes from Downtown Indianapolis. The remodeled basement, completed in 2023, adds valuable additional living space and features a custom kitchen with stainless-steel appliances, custom cabinetry, and quartz countertops, along with a bedroom. The newly installed full bathroom is sure to impress and improves function. The finished basement also offers the potential for additional rental or income-producing use, with the seller estimating approximately $1,000 per month in potential income. Connections are already in place for a separate in-unit laundry setup. Additional improvements include new flooring installed in 2024, appliances purchased in 2023 that will remain with the home, a new privacy fence installed in 2023, and a new deck built in 2025-creating an inviting outdoor space for entertaining, relaxing, or enjoying the warmer months. Location is another major highlight. Situated approximately 6 minutes from Downtown Indianapolis, you'll have convenient access to restaurants, entertainment, sporting events, shopping, employment centers, and everything the city has to offer. Families will also appreciate the proximity to The Children's Museum of Indianapolis, located approximately half a mile away. Ownership of this home may have access to free annual passes to the children's museum if you apply. With thoughtful updates, a finished basement offering flexible possibilities, newer major improvements, and a prime Indianapolis location, 3516 Salem Street is a property that offers both immediate comfort and long-term potential. Come see everything this home has to offer!

3516 Salem Street, Indianapolis

Listing courtesy of My Agent.

3 Beds ⋅ 2 Baths

Discover a refined lifestyle of this charming 3-bedroom mid-century ranch. This well updated stunner with brand new roof and features a vast covered patio featuring a hot tub overlooking a large private lot. The ranch-style exterior opens into a thoughtfully arranged interior. One of the three bedrooms provides the indulgence of an ensuite bathroom and features warm hardwood flooring, creating a private retreat within the home. Updates throughout the home include some new flooring, fresh paint, dishwasher water softner, updated lighting, garabage disposal, faucets, and of course the hot tub. Posession at closing schedule today,

8016 Chiltern Drive, Indianapolis

Listing courtesy of REMAX ONE.

4 Beds ⋅ 3 Baths

Wonderfully Unique Floorplan and Setting overlooking Fall Creek Parkway near the Main Entrance to Hillcrest Country Club in Ultra-Desirable Avalon Hills Neighborhood..! Excellently Maintained 3600 Square Foot, 4 Bedroom, 3 Full Bathroom, 2 Level with a Full Finished Basement; Brand New Gas Furnace HVAC system just added in September 2026; Engineered Hardwood Flooring and Natural Light abounds on the Main Level in the Great Room with a Floor to 9ft Ceiling, All-Brick, Gas Fireplace; Kitchen / Dining Combo with Pantry opens into a Stone-Tiled Sun Room, again with an abundance of Natural Light and a Wood Burning Fireplace (Both Fireplaces are Back-to-Back with Separate Flues); A Large Wrap-Around Wooden Deck overlooks the sloping Backyard, full of Mature Trees and Shrubbery around the perimeter; The Primary Bedroom has a Ceiling Fan, Walk-In Closet and Tiled Floor Bathroom w/Tub/Shower Combo; The Attic was converted to include Two Bedrooms w/Room AC/Heaters and a Full Bathroom; The Basement has a Large Family Room, Large Laundry / Utility Room, a Workshop plus a Bonus Room used as a Studio; 2-Car Finished Garage + Mini Barn; Reverse Osmosis System stays with the Home and includes Kitchen Hook-ups; Easy access to Highways, Schools and Shopping..!

6240 Azure Lane, Indianapolis

Listing courtesy of MyHomeIndy.com.

3 Beds ⋅ 4 Baths

Video tour located under virtual tours! Stunning all-brick ranch with a finished basement and 3-car side-load garage in Admirals Landing. Ideally located just minutes from Geist Reservoir, Amy Beverland Elementary, St. Simon, Holy Cross, and Geist Montessori Academy. This meticulously maintained and thoughtfully updated home features new windows and doors throughout. There's plenty of room to entertain, with an expansive driveway-new in 2021-providing ample parking for guests. The main level features hardwood floors throughout, vaulted ceilings, an open floor plan, and a recently updated three-way fireplace. The spacious primary suite offers private access to the recently updated Trex deck, which is also accessible from the dining room. The primary bedroom features raised ceilings and a luxurious primary bath that is sure to impress. The incredibly spacious kitchen boasts granite countertops, a stylish backsplash, center island, ceramic tile floors, a breakfast room, new KitchenAid gas range/oven, and dedicated range hood. The main-level guest full bath has also been beautifully updated. A bonus room above the garage, complete with its own HVAC system, provides an ideal space for an office, hobby room, or storage. Additional updates include a roof with 50-year shingles (2020), HVAC (approximately 3 years old), tankless water heater (approximately 4 years old), windows and rear sliding doors (2012), front door system (2026), and a Sunsetter motorized awning with lighting (2021).

12144 Admirals Landing Boulevard, Indianapolis

Listing courtesy of Keller Williams Indy Metro NE.

3 Beds ⋅ 3 Baths

Wow! Tons of updates in this 3bd 2.5 bath ranch on great private lot with HUGE finished basement. Great open floorplan. Nice master suite. Recent updates include: luxury flooring, carpet, kitchen, custom cabinets, quartz, appliances, paint inside and out, landscaping, electric, plumbing, hvac, fixtures, bathrooms, the list goes on and on!

4208 Springwood Trail, Indianapolis

Listing courtesy of United Real Estate Indpls.

3 Beds ⋅ 3 Baths

Beautifully updated 3-bedroom, 3-full-bath home in the heart of SoBro! This move-in-ready home has been thoughtfully renovated throughout, featuring a new HVAC system, new windows, new roof, updated electrical, new flooring, beautifully updated bathrooms, a completely refreshed kitchen, and so much more. Washer/dryer hookups are conveniently located on both the main level and in the basement. The spacious walkout basement offers additional living space and flexible options, including a separate entrance for guests, a potential rental opportunity, or added everyday convenience. A one-car garage provides convenient parking and extra storage. Located just around the corner from the Nickel Plate Trail and close to all that SoBro has to offer, including popular restaurants, shops, and entertainment. With extensive updates already completed, this home is ready for its next owner to move right in and enjoy!

4720 Caroline Street, Indianapolis

Listing courtesy of Homeward Bound Realty LLC.

4 Beds ⋅ 4 Baths

What if your city house came with 4,000+ square feet, downtown skyline views...and chickens? . Welcome to one of those Indianapolis homes that refuses to be boring. Originally built in 1915 and completely reimagined for modern living, this massive 4-bedroom, 3.5-bath home delivers approximately 4,048 square feet across FOUR levels-including a finished basement and finished attic-giving you room to work, host, hide from everyone, or finally have that hobby room you keep talking about. Inside, historic Indianapolis character meets a fresh, modern renovation. The updated kitchen brings the good stuff: stainless steel appliances, custom range hood, wine cooler, oversized island with sink and an open layout that actually makes sense for entertaining. Multiple living spaces mean everyone gets somewhere to land, while the upper levels offer even more flexibility for an office, studio, playroom, workout space or guest retreat. Outside? A fenced backyard, mature trees, covered porch, balcony, detached 2-car garage...and yes, your very own CHICKEN COOP. In the city. Your cottagecore dreams just got an Indianapolis address. And the location may be the sleeper hit. Grab coffee at nearby Command Coffee, walk or bike down Delaware to the iconic Goose the Market for one of Indy's favorite sandwiches and specialty groceries, meet friends for a beer at MashCraft, or hop on the nearby Fall Creek/Monon trail network and explore the city on two wheels. You're tucked into Mapleton-Fall Creek with quick access to Herron-Morton, Fall Creek Place, the Indiana State Fairgrounds, Broad Ripple, Mass Ave and Downtown Indianapolis. No HOA. Tons of space. Historic bones. Modern updates. Garage. City views. Chickens. Basically, if you've been searching for a large renovated historic home near Downtown Indianapolis with room to spread out AND a neighborhood where you can actually go do things-this is your sign. Come for the house. Stay because you can have backyard chickens and bike to coffee.

3017 N Delaware Street, Indianapolis

Listing courtesy of eXp Realty, LLC.

2 Beds ⋅ 2 Baths

More SPACE than you expect, inside AND out! This one level brick home with a FULL basement offers a flexible floor plan, great storage, and plenty of EXTRAS that make it stand out. The spacious living room is FILLED with natural light and features beautiful hardwood floors that continue into both main level bedrooms. Each bedroom has two windows, a ceiling fan, and its own small walk-in closet. The main level full bath features a tub and a large linen closet. The kitchen OFFERS plenty of cabinets, a pantry, butcher block countertop, backsplash, and a comfortable breakfast nook. All kitchen appliances stay, making move-in day a little easier. AND THEN there's the basement - you may be surprised by just how much space is down there! A large finished area with daylight windows, a walk-in closet, and its own full bathroom with a stand-up shower gives you plenty of options. Use it as a PRIMARY suite, third bedroom, guest space, or additional living area. There is also a dedicated office already set up and ready for you. The oversized laundry room includes a utility sink, washer and dryer, plus there is plenty of additional storage. The sunroom ADDS even more usable space and features two ceiling fans and a window A/C unit. PRIVATE fenced patio area to enjoy evenings around the fire pit. The fire pit, grill, and picnic table are all included. NEED room for cars, tools, hobbies, or just all that stuff you don't want in the house? You've got it! The two-car detached garage includes a 20x10 workshop, PLUS two huge mini barns. Some of the BIG ticket updates have already been made for you - the roof is 7 years old, the furnace and water heater are only 2 years old. One level living, a full basement, TWO full bathrooms, flexible bedroom space, a workshop, and tons of storage - this home has more to offer than you might expect. Come see it for yourself!

6102 E 14th, Indianapolis

Listing courtesy of M & E Realty Group.

5 Beds ⋅ 5 Baths

Welcome home to 6671 Cherbourg, a beautifully refreshed 5 bedroom, 4.5 bath waterfront home tucked away on a quiet cul de sac in the established Lake Charlevoix neighborhood. Set on one of the most private lots in the community, this home offers generous space, abundant natural light, and a setting that truly feels like a retreat. Fresh paint inside and out, refinished hardwood floors, new carpet, and an updated powder room give the home a fresh feel throughout. The bright and inviting kitchen features a new oven, gas range, and microwave, ready for everyday meals or entertaining. A spacious upstairs suite with its own kitchenette offers wonderful flexibility for guests or multigenerational living, while the fully finished basement provides even more space with an exercise room, kitchenette, and second refrigerator. Outside, mature trees, multiple levels of decking, paved patios, and the waterfront setting create the perfect backdrop for morning coffee, evenings outside, and time with family and friends. With Fall Creek trails and wildlife just beyond the backyard, 6671 Cherbourg feels like a peaceful getaway while keeping everything Indianapolis has to offer within easy reach.

6671 Cherbourg Circle, Indianapolis

Listing courtesy of Compass Indiana, LLC.

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