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 ⋅ 3 Baths

Welcome home to this well-maintained 3-bedroom, 2.5-bath home situated on a spacious 0.46-acre lot in a quiet, established neighborhood with no HOA! Offering a functional floor plan, basement, and 2-car garage, this property provides plenty of space inside and out. The extended driveway offers additional parking, while the fully fenced backyard features two gates and ample room for entertaining, pets, or gardening. The home underwent extensive renovations in 2022, including a new roof, HVAC system, water heater, water softener, and interior and exterior paint. The interior was freshly repainted again in July 2026, and the porch/patio was completely rebuilt in 2025. The property is served by well and septic systems, and the outdoor setup includes a watering system with pressure pump and retractable hoses at both the front and rear of the home. Adding even more value, the seller is including many of the furnishings, appliances, and equipment currently shown in the home, including select TVs, refrigerators, gym equipment, furniture, backup generator, washer and dryer, lawn equipment, and more. Most included items were purchased after 2022. With significant updates already completed, generous outdoor space, no HOA, and numerous included items, this home offers convenience and value for its next owner. Schedule your showing today!

4006 Dundee Drive, Indianapolis

Listing courtesy of eXp Realty LLC.

3 Beds ⋅ 2 Baths

Discover a charming piece of Indianapolis history at 4110 E 10th ST, a delightful 1930 single-family residence offering 1312 square feet of thoughtfully designed living space. This two-story home, situated on a generous 5837 square foot lot, is minutes from downtown Indy, and Linwood Square. This home also features a large, detached garage and basement with ample storage space and a washer/dryer hook-up. With its enduring character and practical layout, this property is poised to become your next cherished home.

4110 E 10th Street, Indianapolis

Listing courtesy of Epique Inc.

3 Beds ⋅ 2 Baths

**Freshly Reimagined Mid-Century Modern - Timeless Style, Total Peace of Mind** Step into a home where retro character meets modern comfort. Three bedroom home with 1 1/2 Baths. Freshly updated inside and out, this beauty features new paint, new windows, and gorgeous wood floors upstairs, sanded and stained to a warm, glowing finish. The kitchen and baths shine with new cabinets topped by beautiful granite - stylish, seamless, and ready for everyday life. New windows, driveway, HVAC, water heater, basement waterproofing, and a radon system bring serious peace of mind, while the new roof (2026) keeps things solid overhead. Downstairs, full basement with freshly painted walls and floor provides endless possibilities: extra living space, home gym, media room, or simply fantastic storage. Mid-century charm, freshly renewed. Come make it yours.

5931 Carrollton Avenue, Indianapolis

Listing courtesy of Beycome Brokerage Realty LLC.

3 Beds ⋅ 2 Baths

Well-maintained 3-bedroom brick ranch situated on a desirable corner lot with mature trees and a great location! This inviting home offers a warm, cozy feel with plenty of living space and thoughtful features throughout. The kitchen provides abundant cabinet and counter space, an eat-in nook, and a convenient breakfast bar. The living room features built-in cabinetry and a gas fireplace, creating a comfortable space for relaxing or entertaining. The front bedroom offers beautiful hardwood flooring, while all bedrooms feature generously sized closets. The family room boasts new carpet and provides access to the main level laundry area for added convenience. A large, heated and cooled sunroom overlooks the backyard and offers versatile additional living space; perfect for entertaining, playroom space, or simply enjoying the outdoors year-round. The full basement provides endless possibilities for storage, hobbies, recreation, or future finished space and includes an additional washer and dryer hookup. Recent updates include a new roof and gutters with gutter guards. Outside, the spacious corner lot offers plenty of room for gardening, entertaining, or creating your own backyard firepit area. A standout feature is the detached 4-car heated and cooled garage with street access and its own 100-amp electrical service. This versatile space is ideal for additional storage, a workshop, mechanic's shop, hobby area, or home office. This well-cared-for home offers an abundance of space, versatility, and unique features. Come see all it has to offer and make it your own!

445 Belmar Avenue, Indianapolis

Listing courtesy of 317Realty.com.

FLETCHER PLACE VICTORIAN DUPLEX :: This iconic property sits on nearly a quarter-acre corner lot in the heart of the city, blending modern updates with timeless Victorian charm. Step into the first-floor unit and be welcomed by original hardwood floors, classic glazed tile fireplaces, and 10-foot ceilings that exude historic character. This unit offers 2 bedrooms, 2 full baths, and a renovated kitchen, making it ideal for owner-occupancy with the potential to rent out the larger upper unit to offset your mortgage. An original stairwell leads you to the second-floor unit, where modern flair meets historic details. Enjoy city views from the second-story balcony, or retreat to one of the four spacious bedrooms, including a primary suite with a fully updated ensuite bath and walk-in closet. The kitchen has been fully renovated with newer appliances, cabinetry, and countertops, creating a stylish and functional space. Head up to the third floor, where a versatile flex space offers endless possibilities-extra sleeping quarters, a playroom, home office, or a creative studio. Recent updates include: a mini-split system on the third floor for optimal climate control, two HVAC systems, fresh interior paint, updated garage and garage door, new flooring, and modernized kitchens and baths. Currently operating as a functioning Airbnb, this property offers both lifestyle and income potential-P&L statements are available upon request. All of this is just minutes from some of the best dining, entertainment, and cultural spots in the city!

880 Fletcher Avenue, Indianapolis

Listing courtesy of @properties.

2 Beds ⋅ 1 Baths

Charming Full-Brick Home in desirable Irvington - Convenient Location near Community Hospital medical community. Features include: * Full-brick exterior with timeless character * Beautiful hardwood floors * Elegant arched doorways * Fully fenced yard * Tiled bathroom.* Built in corner hutches. *Masonry Fireplace. Classic charm with plenty of potential to make it your own in the basement that currently offers a laundry room and exercise room and additional storage. New dishwasher Aug'26, water heater '26, Roof '21, driveway resurfaced '18, windows '14, sewer line '13 Enjoy the character of an established Irvington neighborhood while being close to medical facilities, shopping, dining, and everyday conveniences.

1210 N Downey Avenue, Indianapolis

Listing courtesy of Berkshire Hathaway Home.

Excellent investment opportunity with this spacious two-story duplex featuring two separate units, each offering 3 bedrooms and 1 full bathroom. Both units boast generous living spaces, 9-foot ceilings, oversized bedrooms, and charming built-in shelving in the dining rooms, adding character and functionality throughout. One unit includes convenient in-unit laundry, while both sides offer plenty of room for comfortable everyday living. The property is fully fenced and features a covered front porch, along with one detached two-car garage at the rear of the property, providing one garage space for each unit. Whether you're looking to expand your investment portfolio, live in one unit while renting the other, or create a strong income-producing property, this duplex offers great versatility and potential.

3025 E Michigan Street, Indianapolis

Listing courtesy of Keller Williams Indy Metro Partners.

2 Beds ⋅ 1 Baths

Welcome to this charming 2-bedroom bungalow in the heart of the desirable Garfield Park neighborhood! Inside you'll discover a bright, inviting living space with classic painted woodwork and large vinyl windows that fill the home with natural light. The spacious living room flows seamlessly into a formal dining area, perfect for hosting guests or enjoying quiet evenings at home. The kitchen offers ample cabinet space and convenient access to the backyard, making outdoor dining and summer barbecues a breeze. Both bedrooms are generously sized, providing comfort and flexibility that is ideal for a guest room, home office, or creative studio. You'll love the recently remodeled bathroom, featuring a custom backsplash and a stunning, large tiled shower specifically designed for both style and relaxation. The unfinished basement provides abundant storage space and a dedicated laundry area, keeping your living spaces organized and clutter-free. Enjoy the rare convenience of a detached one-car garage with a long driveway, offering plenty of off-street parking. The lot provides space for gardening, recreation, or simply relaxing outdoors. Located just minutes from beautiful Garfield Park, local coffee shops, and vibrant community amenities, this home blends timeless character with modern comfort. Experience the welcoming atmosphere and easy access to downtown Indianapolis that make this neighborhood so appealing. Don't miss your chance to own this delightful bungalow! Schedule your tour today.

2462 S Delaware Street, Indianapolis

Listing courtesy of Epique Inc.

2 Beds ⋅ 1 Baths

.75 ACRES + NO HOA! Don't miss this affordable opportunity in Perry Township offering a desirable combination of space, character, detached 2 car garage and plenty of room to make it your own! The circular driveway leads you to the welcoming covered front porch of this charming 1921 brick home. Located in Perry Township, this 2 bedroom 1 bath home offers timeless character, wood floors in the bedrooms plus a cozy wood burning fireplace in the spacious living room for cold winter nights. Endless possibilities in the spacious basement featuring laundry hookup, abundant storage for your hobbies with plenty of room to spread out. Step outside to enjoy beautiful established blooms, a garden area for fresh veggies, fenced backyard with playset, firepit, storage shed, and detached 2-car garage. The Roof and A/C were replaced approximately 7 years ago, and the circulator pump for the boiler was replaced 5 years ago. Conveniently located near interstate access, schools, shopping, restaurants, and everyday amenities. An affordable opportunity with nearly an acre, NO HOA, garage space, and room to enjoy inside and out!

3712 Brill Road, Indianapolis

Listing courtesy of CENTURY 21 Scheetz.

4 Beds ⋅ 4 Baths

Completely-Renovated 1924 gem with 2,700+ sq ft, 4 bed, 4 bath situated in the Springdale neighborhood less than 2 miles from Downtown Indy, the Bottleworks District, Mass Ave & the interstates to the west, and Historic Irvington to the East. Amazing investment! Friendly neighbors/neighborhood & in an area (Springdale, aka The East 10th Art District) that continues to be vitalized each year. You'll fall in love with the gorgeous hardwoods, soft close cherry cabinets in the kitchen, elegant granite countertops, newer SS appliances, double oven gas range & custom, extended kitchen island. Backyard is fully fenced with fire pit, storage, a HUGE cedar porch, & dual-swinging gates to the back alley. Whether it's inside or out, this is a perfect home to enjoy personally but also to HOST! The open floor plan and tasteful backyard/deck leaves you with the ability to comfortably entertain dozens of guests if desired. Retreat upstairs to enjoy the four large bedrooms with the primary en suite as the crown jewel with a custom bathroom you'd have to see to believe. Many homes over 100 years old have wavy floors & problems galore. Not this beaut! This home is solid and has been meticulously-maintained. You'll fall in love quickly. Priced to Sell. Come quickly!

422 N Dearborn Street, Indianapolis

Listing courtesy of Berkshire Hathaway Home.

Discover an exceptional investment opportunity at 3711 Boulevard Pl, ideally situated just minutes from Newfields, The Children's Museum of Indianapolis, and major transit routes for effortless commuting across the city. This turnkey property underwent a comprehensive renovation in 2025 - a new roof, AC units, updated kitchens, and all new bathrooms. The building currently generates an impressive $2,300 per month, backed by two reliable tenants already in place. At current pricing this well exceeds the 1% rule. Both tenants are fully aware of the sale and can easily vacate at closing with sufficient notice, providing ultimate flexibility whether you are looking to expand your portfolio with an immediate income-producing asset or transition the space for your own use. Tenants pay their own gas and electric, landlord pays for water as it is on a single meter. Do not miss out on this high-performing, beautifully updated property in a thriving location. Schedule your showing today!

3711 Boulevard Place, Indianapolis

Listing courtesy of FULL CANOPY REAL ESTATE, LLC.

2 Beds ⋅ 1 Baths

Welcome to 4839 Rosslyn, a beautifully renovated 2 bedroom, 1 bath home in the heart of SoBro that combines modern updates with one of Indianapolis' most sought-after locations. Bright and airy throughout, featuring stylish finishes and move-in-ready convenience. Spacious updated kitchen offers abundant cabinetry, new flooring, new stainless steel appliances, quartz countertops and gorgeous backsplash. Open air concept combining the kitchen and dining area into on large entertaing space. All new kitchen, bathroom, flooring throughout, appliances, privacy fencea huge front deck. All major mechanicals new in past few years-roof, vinyl siding, vinyl windows, HVAC and garage. Huge backyard with new 6 foot privacy fence surrounding the entire yard. This home is perfect for anyone looking to enjoy the vibrant Broad Ripple lifestyle. Situated on a quiet, well maintained street, home offers unbeatable walkability from the Monon Trail, Broad Ripple Village, and an endless selection of local favorites including restaurants, coffee shops, breweries, and boutique shopping, you'll never run out of things to do. Spend weekends exploring nearby parks, catching live music, or enjoying easy access to downtown Indianapolis and the Indianapolis Art Center. If you are looking for your next home, 4839 Rosslyn offers the perfect blend of updated living and unbeatable location in one of Indianapolis' most desirable neighborhoods. Schedule your showing today and discover everything Broad Ripple has to offer!

4839 Rosslyn Avenue, Indianapolis

Listing courtesy of PMI Midwest.

Start Your Search

Information Deemed Reliable But Not Guaranteed. © 2026 MIBOR Broker Listing Cooperative