Indianapolis Homes with Unfinished Basement

Indianapolis Homes with Unfinished Basement

Welcome to Indianapolis, the vibrant heart of Indiana and a city that seamlessly blends rich history with modern living. Nestled in Marion County, Indianapolis is renowned for its diverse culture, thriving arts scene, and an array of recreational opportunities. From the iconic Indianapolis Motor Speedway to the lush expanses of White River State Park, there’s something for everyone in this dynamic city.

One of the many appealing features of homes in Indianapolis is the availability of properties with unfinished basements. These versatile spaces offer homeowners the unique opportunity to customize their living areas according to their personal style and needs. Imagine transforming that blank canvas into a cozy family room, a home gym, or even a stunning entertainment area. The potential is limitless!

In addition to the charm of unfinished basements, Indianapolis boasts a variety of neighborhoods, each with its own distinct character. Whether you prefer the bustling energy of downtown living or the serene ambiance of suburban life, you’ll find a perfect fit here. The local real estate market is diverse, with options ranging from historic homes to modern builds, making it an ideal place for first-time buyers and seasoned investors alike.

With a cost of living that’s lower than the national average and a strong sense of community, Indianapolis is not just a place to live; it’s a place to thrive. Explore the possibilities of owning a home with an unfinished basement in this exciting city, and start crafting your dream space today!

Newest Indianapolis Homes with Unfinished Basement

3 Beds ⋅ 1 Baths

Welcome to this updated 3-bedroom, 1-bath home in Rivoli Park featuring a fully renovated kitchen and bathroom, brand-new windows, new flooring, fresh interior paint, and a privacy fence. Conveniently located just a 15-minute bike ride to downtown and 10 minutes to Fountain Square.

842 N Oakland Avenue, Indianapolis

Listing courtesy of Trueblood Real Estate.

3 Beds ⋅ 2 Baths

Brick traditional ranch on .69 acres awaits its next owner. Wonderful covered front porch greets you. Gracious sized living room with crown molding and wood burning fireplace. Celebration sized dining room overlooks the large back yard. New roof in 2026 with a complete tear-off. New electric circuit breaker box in 2026. Oversized two car attached garage provides plenty of storage. Unfinished basement awaits your ideas. Bring your creative ideas to make this home express your personal style.

7543 E 71st Street, Indianapolis

Listing courtesy of Keller Williams Indpls Metro N.

2 Beds ⋅ 1 Baths

Here is your great value. Post war 2-BR, 1-bath home in very good condition. Hardwood floors and full of character. 1-car garage, driveway parking, and convenient alley access. Full, dry basement with a 22'x10' recreation room. Great location in a solid neighborhood.

4505 Farnsworth Street, Indianapolis

Listing courtesy of F.C. Tucker Company.

2 Beds ⋅ 1 Baths

WELCOME HOME to 3148 Indianapolis Ave, a move-in-ready, 2 bed/1 bath bungalow nestled in Crown Hill. Endless opportunity for buyers & investors alike; to create lasting memories or generational wealth. The legwork has been done for you, in this remodel. Fresh paint inside and out. Brand new flooring. All original wood trim in place. Large modern kitchen addition built in 2022, includes efficient appliances. All updated mechanical, electrical, plumbing in 2017. See agent notes & supplements for full list. The wonderful renter of 5+ years just moved out, due to the sale. The house has great flow -- designed with functionality in mind, featuring heaps of natural sunlight pouring in & original character. Coveted built-ins are in the formal dining room. Original fireplace could be filled with candles to create ambiance in the living room from the moment you walk-in. Kitchen large enough to eat in. Bathroom offering tub/shower combo. Front porch to enjoy your morning coffee and/or people-watch. And a cutie backyard to relax. Just minutes away from the Indiana Children's Museum and Newfields -- where you get free membership! This central location allows a quick trip downtown or an even quicker drive to Broadripple/Meridian Kessler for some of Indianapolis's best food, nightlife, coffee and shopping. See you soon!

3148 Indianapolis Avenue, Indianapolis

Listing courtesy of @properties.

Great Opportunity to own a cash cow! Current rents total $3700 a month. The building was completely remodeled and updated in 2024. All new heat pumps with mini splits - Electric - Plumbing - Insulation - Windows - Roof - the list goes on. New Kitchens and Baths in every unit. Unit A is a 2 bedroom with small kitchen/living room & 1 bath. Unit B is a nice sized 2 bedroom with a decorative fireplace and large eat in kitchen. Unit C is a 2 story 3 bed 2 full bath unit. This unit has its own washer and dryer plus a decorative fireplace. The basement houses the 3 new water heaters & a coin op washer & dryer for unit A & B to use. The owner provides water & sewer.

4233 E 38th Street, Indianapolis

Listing courtesy of United Real Estate Indpls.

4 Beds ⋅ 2 Baths

Located in the heart of Indianapolis's historic Butler-Tarkington neighborhood, this four-bedroom brick cottage perfectly blends classic architectural character with modern convenience. A paneled foyer opens into an inviting living room, where a paneled fireplace wall serves as a cozy focal point. The main floor features an ideal layout for entertaining, flowing seamlessly into a formal dining room perfect for dinner parties or family meals, as well as a partially updated kitchen. Two main-floor bedrooms and a full bath round out the lower level. Upstairs, you'll find two additional spacious bedrooms alongside a second full bath that was completely renovated within the past five years. The screened patio is ideal for outdoor dining. A full unfinished basement provides excellent storage or a clean canvas for future living space. Beautiful hardwood floors throughout. 2 car detached garage. All of this within walking distance to Butler University, neighborhood shops and restaurants.

5047 Graceland Avenue, Indianapolis

Listing courtesy of Encore Sotheby's International.

3 Beds ⋅ 3 Baths

Welcome to a truly exceptional Brookside Park transformation-rebuilt from the foundation up and beautifully designed for today's lifestyle. This 3-bedroom, 2.5-bath home pairs the appeal of new construction with standout character, quality craftsmanship, and thoughtfully selected finishes at every turn. The bright, open-concept main level is made for gathering, with a designer kitchen featuring Quartz countertops, stainless-steel appliances, extensive cabinetry, decorative tile and open shelving, and an oversized center island with seating for four. The main-level primary suite offers a luxurious retreat with a glass-enclosed shower, stylish tilework, and timeless details. Raised ceilings, luxury wood-plank flooring, custom millwork, gorgeous lighting, and designer touches carry throughout the home. Step outside to enjoy a welcoming covered front porch, a large rear deck, and a privacy-fenced yard. The impressive 792-square-foot, two-story garage provides exceptional flexibility for vehicles, storage, hobbies, or a workshop. A powered roof vent helps keep the upper-level bonus space and work bays more comfortable across the seasons. No detail was overlooked: new roof, decking and rafters; new high-efficiency HVAC and ductwork; new electrical, plumbing, windows, doors, staircases, floor joists, spray-foam insulation, LP SmartSide siding, flooring, and a digital heat-pump water heater. The foundation has also been comprehensively repaired and updated. Enjoy proximity to Brookside Park's recreation, Splash Pad, trails, disc golf, ball courts, seasonal programming, and green space. Conveniently located about a block from public transit, with easy access to major roads and downtown Indianapolis. A total rebuild with the space, style, and systems Home owners want-this is one you do not want to miss.

1115 N Gale Street, Indianapolis

Listing courtesy of United Real Estate Indpls.

2 Beds ⋅ 1 Baths

Discover a unique urban living opportunity or a great investment property at 906 Roache ST, INDIANAPOLIS, IN. This 958 square foot condominium, originally built in 1910, offers a distinctive blend of historic charm and contemporary potential across its two stories. The residence includes a living room, kitchen, dining with two bedrooms with one full bathroom that well serves this condo. Possibilities are endless here. Enjoy the outdoors from the inviting porch and there is car storage with a detached garage. This property presents an exceptional chance to create your ideal urban dwelling in a vibrant community or make a great investment. ***Extra opportunity includes the additional attached unit 906 Roache Street condominium MLS# 22116741 for the same value!!!

908 Roache Street, Indianapolis

Listing courtesy of Diverse Property Solutions Ind.

3 Beds ⋅ 2 Baths

From the moment you pull up, the striking curb appeal and inviting front porch set the stage for what's inside. The interior is a masterclass in open concept design, but the feel of different spaces. This home features soaring 12' ceilings and oversized windows that flood the home with natural light. The heart of the home is the chef-inspired kitchen, with tons of cabinets and counter space, and a spacious island perfect for morning coffee or evening entertaining. Venture upstairs to the spacious rooms and large bathroom, then ascend to the third story to find a versatile attic space that adds a whole new dimension to the home. Whether you need tucked-away storage or envision a creative studio, home office, or a private hobby retreat, this level is ready for your ideas. Every detail has been thoughtfully curated, from the durable wide-plank flooring to the designer lighting fixtures. Outside, the backyard offers a private sanctuary with a new deck, ideal for dining under the stars. Situated in a vibrant pocket of the city, you're just moments away from the energy of downtown, local boutiques, and some of the best dining Indy has to offer. This isn't just a house; it's a lifestyle upgrade waiting for its next chapter.

317 Parkway Avenue, Indianapolis

Listing courtesy of Compass Indiana, LLC.

5 Beds ⋅ 4 Baths

Welcome to this stunning 2022-built Fischer Home in the highly desirable Glen Ridge Estates! This beautifully designed property features a spectacular two-story family room anchored by a cozy gas-log fireplace. The gourmet kitchen is a true chef's dream, complete with a massive center island, stone countertops, a gas cooktop, built-in double ovens, a walk-in pantry, and a seamless flow into the bright breakfast room. Upstairs, you will find a convenient upper-level laundry room and four spacious bedrooms. The luxurious primary suite is a true retreat, offering a private sitting room, elegant tray ceilings, a large walk-in closet, and a spa-like ensuite bath featuring a double vanity and a full walk-in shower. Downstairs, the expansive 1,594-square-foot full unfinished basement includes roughed-in plumbing, offering a massive blank canvas ready for your custom finishing touches. Outside, enjoy relaxing on the covered patio while taking in the big, beautiful views of the backyard pond. The property also features excellent curb appeal with a brick and stone exterior and the convenience of a generous 3-car attached garage. Located in the highly sought-after Franklin Township School District, this meticulously maintained home is move-in ready. As an incredible bonus, the seller is offering a 1% concession towards a rate buydown! Schedule your showing today!

6435 Nicoson, Indianapolis

Listing courtesy of Royalty Real Estate LLC.

3 Beds ⋅ 2 Baths

Spacious options and functional design converge at 3902 N Hartman Dr in Lawrence Township! Featuring 3 bedrooms, 2 full bathrooms, and 1,275 square feet of main-level living space (plus a full basement for expanded storage or recreation), this single-family residence is packed with potential. Inside, you will find hardwood flooring, a comfortable main living room, and a separate family room ideal for relaxation. A fully enclosed 3-season front porch offers a peaceful spot to relax year-round. Outside, the home sits on an 8,600+ sq ft lot complete with an oversized 2-car detached garage equipped with its own workshop area. With convenient access to local schools, parks, and major Indy thoroughfares!

3902 N Hartman Drive, Indianapolis

Listing courtesy of Trelora Realty.

4 Beds ⋅ 1 Baths

Welcome to this charming property nestled in the historic and vibrant Old South Side of Indianapolis. This fully furnished, turnkey Airbnb comes with all current furniture and bookings, offering a seamless opportunity for an investor or someone seeking a stylish, income-generating property. Step inside and you'll be greeted by the timeless beauty of original hardwood floors in the bedrooms, adding warmth and character to the space. The home features a cozy layout with ample natural light and modern updates, creating the perfect balance of old-world charm and contemporary living. Enjoy outdoor living on the covered back patio, ideal for relaxation or entertaining guests. The property is fully fenced, providing privacy and security, making it a perfect place for both short-term and long-term guests. This location is a true gem, just 2 miles from Monument Circle, the heart of downtown Indianapolis, and from the lively Fountain Square area. You'll also be in the historic Bates-Hendricks neighborhood, known for its rich history and eclectic charm. A highlight of this property is its proximity to two homes featured on HGTV's Good Bones (2 Chicks and a Hammer), which aired in July 2021. With this unique connection to a popular show, the property offers both style and recognition. Whether you're looking for a prime investment property or a place to call home, 1614 S Talbott St is a must-see. Don't miss out on this incredible opportunity in one of Indianapolis' most desirable areas!

1614 S Talbott Street, Indianapolis

Listing courtesy of RE/MAX Real Estate Prof.

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