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

1435 Touchstone Drive, Indianapolis
$500,000
4 Beds ⋅ 4 Baths
Rarely does a setting combine creekside scenery, park access, and custom-built character as naturally as 1435 Touchstone Drive. Built in 2000 by G&S Builders-Dick Williams Son Scott-this four-bedroom, three-and-a-half-bath Indianapolis home offers 1,783 square feet, a walkout basement, and a three-car garage. Held by one family, it presents a compelling alternative to the cost of building a comparable custom home today. Inside, all hardwood floors have been refinished, restoring their warmth. The kitchen features new solid-surface countertops, while the updated primary bath pairs matching counters with travertine flooring and tile finishes. With generous bedroom and bath accommodations, the layout is ready for everyday routines, guests, and evolving needs. The home's established construction and renovation potential also leave room for future owners to personalize select spaces over time. Outdoor living unfolds across multiple levels. Updated composite decking extends from the kitchen and sunroom, complemented by a refreshed stairway and new railing. From here, peaceful year-round views overlook Buck Creek and the adjoining nature preserve, creating a memorable backdrop for dining, entertaining, or quiet mornings. The walkout basement connects naturally to these layered outdoor areas and expands the home's possibilities. Across the street, Paul Ruster Park adds convenient recreation, while Stable Chase Nature Sanctuary is about 0.3 miles away. The lot backs directly to the creek and preserve, offering a sense of separation within an established neighborhood. For buyers comparing today's price point with new custom construction, this distinctive property deserves a closer look.

1435 Touchstone Drive, Indianapolis

Listing courtesy of Joshua Ember. F.C. Tucker Company

335 Creekbend Lane, Indianapolis
$949,000
5 Beds ⋅ 5 Baths
Over 5,000 finished square feet, 5 bedrooms and 3 full / 2 half baths on 4.88 acres at the end of a Creekbend cul-de-sac. Custom built by Kent Franklin and meticulously maintained, this all-brick ranch pairs true craftsmanship with rare privacy. The property owns the majority of a spring-fed, 20-foot-deep pond with fountain, stocked with bass, bluegill and crappie. Lick Creek winds through the rear half of the lot, with a quiet fire pit spot on its bank near the house, and about two acres of mature timber plus a second pond beyond it. Inside, 10-foot ceilings, solid oak hardwood floors, six-panel solid wood doors, exquisite crown molding, and abundant closet space reflect details rarely found today. The beamed, vaulted living room centers on a gas fireplace and opens to a kitchen with custom cabinetry, quartz counters, a built-in recipe desk, counter seating and a breakfast nook framed by pond views. The primary suite offers a vaulted ceiling, oversized walk-in closet, double vanity, Jacuzzi tub and separate shower, plus an enclosed four-season room serving as a private, quiet sitting room overlooking the water. A true handicap-accessible in-law quarters, a rare find, has a spacious living and sleeping room, a private office and full bath with accessible shower and garden tub, and the ENTIRE home is designed for accessibility. The walkout lower level with 9-foot ceilings adds a second full kitchen and dining area, brick fireplace with built-in bookshelves, game room, two bedrooms with a Jack-n-Jill bath and French doors to a covered patio with a gas grill line, plus ~900+ square feet of heated and cooled stand-up storage. Heated and cooled 3+ car garage with commercial-grade epoxy floors, a finished storage room and floored attic storage. Freshly painted exterior, front and back irrigation, landscape lighting, hardwired security and cameras, whole-home intercom, two HVAC systems and two 50-gallon water heaters complete this truly exceptional, one-of-a-kind property.

335 Creekbend Lane, Indianapolis

Listing courtesy of Connor Jones. Mark Dietel Realty, LLC

9855 Deep Royal Way, Indianapolis
$499,000
5 Beds ⋅ 4 Baths
Room for Everyone. Space for Everything. This Fischer Homes Grandin floor plan in Franklin Township offers over 4,100 square feet of finished living space, 5 bedrooms, 4 full bathrooms, a separate office space, and a setting that's hard to find at this price. Completed in early 2020, this home has been well maintained and features several upgrades added since construction. The centerpiece is the two-story great room with its floor-to-ceiling stone fireplace and impressive wall of windows overlooking the pond and wooded area beyond. Remote-controlled shades make managing all that natural light easy. The open kitchen features granite countertops, stainless steel appliances, a large island, and plenty of room to gather. Just off the kitchen, a main-floor guest suite has direct access to a full bathroom that also opens to the hallway, offering flexibility for guests or extended stays. Upstairs, you'll find the primary suite and additional bedrooms with walk in closets. The finished daylight basement provides even more room to relax, entertain, or spread out, along with a full bathroom, an egress window offering the potential for a sixth bedroom, and an unusually large amount of unfinished storage space. Outside, the owners have added a deck and patio overlooking the pond, with a wooded backdrop that makes the view even better. The three-bay garage is another standout, featuring an epoxy-coated floor, an upgraded ultra-quiet door opener, and two windows that bring in plenty of natural light. A spacious upstairs laundry room and neighborhood amenities (including a pool and walking trails) round out the package. With this much finished space, a pond view, and improvements already completed, there's a lot here that would be difficult to duplicate in a new build at $499,000. (Some rooms have been virtually staged)

9855 Deep Royal Way, Indianapolis

Listing courtesy of Mark Gill. Berkshire Hathaway Home

6502 Caroline Avenue, Indianapolis
$400,000
3 Beds ⋅ 2 Baths
Enjoy the best of Broad Ripple living in a home rebuilt from the ground up in 2015, offering the charm of an established neighborhood with the modern systems, thoughtful layout, and peace of mind of a newer home. Recent updates include new flooring throughout the main level and an AC replacement in 2024, all with the added benefit of no HOA. The spacious interior features a well-appointed kitchen with a gas range, double ovens, and a Delta Touch2O hands-free faucet. The impressive primary suite offers generous space, two walk-in closets with custom shelving, and French doors leading directly to the backyard. Two additional bedrooms and two full bathrooms provide flexibility for family, guests, or a home office. The finished basement expands your living space with a versatile family room ready for a gas fireplace, a dedicated home gym, and a separate mechanical room with a water softener and included washer and dryer. Outside, the large corner lot showcases established landscaping and a dedicated entertaining area perfect for summer cookouts and evenings around the fire pit. A fenced portion of the yard provides space for pets, while the oversized detached two-car garage and 10x12 lofted mini barn offer exceptional room for vehicles, hobbies, and additional storage. The location brings it all together. Walk to Broad Ripple Park, its community pool, family center, and dog park, or bike to the Broad Ripple Village district for local restaurants, nightlife, and access to the Monon Trail. Enjoy the convenience and energy of one of Indianapolis' most beloved neighborhoods without the upkeep often associated with an older home.

6502 Caroline Avenue, Indianapolis

Listing courtesy of Noah Kirsch. 1 Percent Lists Indiana Real Estate

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

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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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