Indianapolis Homes with 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 known for its welcoming neighborhoods, diverse culture, and a thriving economy that attracts families and professionals alike. Whether you’re drawn to the bustling downtown area, the lush parks, or the charming suburban communities, Indianapolis has something for everyone.

One of the standout features of homes in this dynamic city is the availability of properties with basements. These versatile spaces not only provide additional storage but also offer opportunities for creative use—think home theaters, game rooms, or even cozy guest suites. Imagine hosting gatherings with friends and family in your finished basement, creating memories that will last a lifetime. Homes with basements in Indianapolis are perfect for those seeking extra space to accommodate their lifestyle needs.

Indianapolis is also home to a rich tapestry of cultural experiences. From the renowned Indianapolis Museum of Art to the historic Canal Walk, there’s always something to explore. Sports enthusiasts will relish the excitement of the Indianapolis Motor Speedway and the fervor of Colts and Pacers games. With excellent schools, diverse dining options, and a strong sense of community, Indianapolis is not just a place to live; it’s a place to thrive.

If you’re considering a move to this vibrant city, explore the charming homes with basements that offer both comfort and potential. Discover your perfect sanctuary in Indianapolis today!

Newest Indianapolis Homes with Basement

$169,000

46201 Zip Code

Cash-flowing two-story duplex in the developing urban core. With two bedrooms and one bathroom on each side, this property has a rent potential as is of $2,400/moth. Current gross rents are $1,965. Tenants pay all utilities. Pictures do not reflect all recent improvements including sump pumps, some newer mechanicals, several new windows, exterior repairs, and tree work. Property is sold as-is, but appraisal will tolerate financing in additional repairs or improvements if desired. Appraised for $183,00 in 2022. Management in place is willing to continue on. Do not disturb tenants.

1817 Southeastern Avenue

Listing courtesy of Luke Granholm. @properties

$280,000

46201 Zip Code

Fantastic opportunity for investors to own a revenue-generating four-plex just minutes from downtown Indianapolis. Each unit offers 1 bedroom and 1 bathroom, with two of the four units currently leased through 2027, providing built-in stability and dependable income. The additional two units are currently vacant and ready for occupancy, offering immediate upside potential for increased cash flow. Many updates have been completed in all four units in the past two years, including new flooring, appliances, and fresh paint throughout. The vacant units are both move-in ready for a new tenant. Current monthly rental income totals $2310 for the two occupied units. Once all units are leased, total income has the potential to rise significantly, further enhancing the property's strong performance. The property's convenient location provides quick access to downtown Indianapolis, employment centers, shopping, dining, and entertainment. With stable long-term leases in place and room to increase income, this property is an excellent addition to any investor's portfolio. Tenants Rights Apply. As-Is.

933 N Ewing Street

Listing courtesy of Luci Chalian. CENTURY 21 Scheetz

$345,000

4 Beds ⋅ 2 Baths ⋅ 46227 Zip Code

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

Listing courtesy of Dena Baker. Dena's Place Real Estate Servi

$180,000

3 Beds ⋅ 2 Baths ⋅ 46222 Zip Code

Welcome to this charming three-bedroom, two-full-bath bungalow situated on a spacious corner lot with a covered front porch. Freshly painted inside and out, this home offers a blend of original hardwood flooring and LVP throughout. The updated kitchen features freshly painted cabinetry, new countertops, stainless steel appliances that stay with the home, and a range hood. Spacious bedrooms provide comfortable living space, while the updated main-level bathroom features a new vanity, shower surround, and Bluetooth speaker. Upstairs, you'll find an additional updated full bathroom, adding extra convenience and flexibility. The basement includes a generous 28x10 bonus room, perfect for additional living space, a home office, workout area, or recreation room. Outside, enjoy the spacious 21x12 side deck and a large fully fenced backyard with gated access. Additional updates include new gutters, a brand-new A/C unit installed in 2026, and a five-year-old roof on both the home and garage. A two-car detached garage with new siding completes this move-in-ready property.

1902 N Centennial Street

Listing courtesy of Perla Palma Nunez. Keller Williams Indy Metro Partners

$210,000

3 Beds ⋅ 2 Baths ⋅ 46224 Zip Code

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.

Listing courtesy of Terri Hoffman. The Elite Advantage, Inc.

$195,000

3 Beds ⋅ 2 Baths ⋅ 46222 Zip Code

Welcome to 2928 W Michigan St in Indianapolis, where 1895 history meets modern charm. This 1,103-square-foot single-family residence is a character-filled bungalow that has been maintained in great condition, offering a perfect blend of timeless personality and practical living. The kitchen is designed for the modern entertainer, featuring sleek stone counters and a functional peninsula that invites guests to pull up a stool while you prepare your favorite meals. It is the heart of the home, balancing classic appeal with the smooth, durable surfaces today's cooks love. When it is time to unwind, the principal bedroom offers a private retreat complete with a walk-in closet for seamless organization and an ensuite bathroom for added convenience. Elsewhere, a separate full bathroom provides a double vanity, ensuring the morning rush is a thing of the past. This two-story home is set on a generous 7,405-square-foot lot, making the most of its footprint with a private yard and dedicated outdoor living space that serves as your own personal extension of the indoors. Whether you are hosting an al fresco dinner or enjoying a quiet afternoon, the exterior grounds provide the perfect canvas for your lifestyle. Come see for yourself how this charming bungalow turns everyday living into a delightful experience!

2928 W Michigan Street

Listing courtesy of Amy Glassburn. Daniels Real Estate

$110,000

3 Beds ⋅ 2 Baths ⋅ 46201 Zip Code

Calling all investors, This is your next flip project, with great comps to support and ARV of 210,000 conservatively. Several things have already been done to this home, such as mechanicals, kitchen, and flooring, This one doesn't need a major overhaul, just finish it out with 2 bedroom upstairs, 1 bedroom downstair, put in back on the market and put money back in your pocket. Walls upstairs will have to be re-built to put back to 2 bedrooms and wall and closet will have to be put back to create bedroom off of living room. Or keep as 2 bedroom with living room and dining room. If you are looking to buy and hold, this is a great option as well, 20k gets this property ready to be rented and start cash flowing immediately. Come see for yourself, hurry houses in this area don't last long.

3402 E New York Street

Listing courtesy of Shane Burns. Victory Realty Team

$349,900

3 Beds ⋅ 3 Baths ⋅ 46219 Zip Code

Welcome to Irvington - where the brick has stories and the systems are surprisingly well-behaved. This charming 2-story brick home comes with 3 bedrooms, 2.5 baths, a generous family-room addition, and an updated kitchen. Original character is still very much present, nicely balanced by thoughtful upgrades. The basement has been given real attention in the last few years: waterproofing (2025), a new water heater (2025), sump pump (2025), water filtration system (2023), radon mitigation update (2025), and even a UV light for the air filter. Upstairs and on the main level you'll find newer cordless blinds, a 2026 dishwasher and garbage disposal, refreshed kitchen sink/faucet, and attic insulation from 2023. Outside, the fenced backyard offers a large deck (with updated steps and handrails), a gazebo, and solid space for gardening. The 2-car detached garage is easily accessed off the alley. Gutters get cleaned yearly, and other exterior details have been looked after. The partially finished basement is ready to become a kids' zone, game room, or extra hangout space. Come see this home today - a perfect combination of Irvington charm and thoughtful maintenance!

913 N Audubon Road

Listing courtesy of Joshua Carpenter. Trueblood Real Estate

$114,900

2 Beds ⋅ 2 Baths ⋅ 46208 Zip Code

Discover the charm of 972 W 29th St in Indianapolis, IN. Built in 1895, this 1,500-square-foot single-family residence is a ready-to-move-in bungalow that captures the timeless character of historic craftsmanship while offering an inviting atmosphere for modern living. The interior layout spans two stories, thoughtfully organized to balance communal areas with private retreats. With two bedrooms available, the home provides flexible space for residents or guests. The home is equipped with one full bathroom and a convenient half bathroom, ensuring functionality for your daily routine. The architectural appeal of this home extends gracefully to the outdoors. You can enjoy the fresh air on the covered deck or spend quiet moments on the classic porch. The private yard offers a dedicated space for outdoor activities, complementing the structure's distinct bungalow aesthetic. Experience the perfect blend of historic character and functional comfort by scheduling your private tour of this exceptional Indianapolis residence today. HOME IS BEING SOLD "AS IS"

972 W 29th Street

Listing courtesy of Linda Johnson. Sitota Realty

$175,000

3 Beds ⋅ 2 Baths ⋅ 46201 Zip Code

Big value in one of Indy's most exciting neighborhoods! Welcome to this beautifully renovated 3-bedroom, 1.5-bath townhome in popular Saint Clair Place on the Near Eastside of Downtown Indy. Expertly renovated in 2019 by Near East Area Renewal, this home offers high ceilings, thoughtful updates, and the kind of affordability that's becoming harder to find so close to Downtown. Step outside and discover a neighborhood full of character and possibility. With convenient access to Downtown Indianapolis, local restaurants and coffee shops, nearby parks, and an expanding network of bike paths and trails, Saint Clair Place puts you close to the action while maintaining its own distinct neighborhood feel. The Near Eastside continues to benefit from investment and revitalization, making this an exciting time to become part of the community. An ideal opportunity for buyers seeking space, accessibility, and long-term potential at an approachable price point!

612 N Temple Avenue

Listing courtesy of Dylan Hostetter. United Real Estate Indpls

$185,000

3 Beds ⋅ 2 Baths ⋅ 46201 Zip Code

Downtown convenience without the downtown price tag! An incredible opportunity to own an affordable townhome in popular Saint Clair Place on the Near Eastside of Downtown Indy! Expertly renovated in 2019 by Near East Area Renewal, this 3-bedroom, 1.5-bath home combines thoughtful updates, high ceilings, and an unbeatable price point. Enjoy easy access to Downtown Indianapolis, neighborhood restaurants, coffee shops, parks, and an expanding network of bike paths and trails. Saint Clair Place is part of the exciting momentum on Indy's Near Eastside, where continued investment and neighborhood revitalization make this an especially compelling place to put down roots. Whether you're a first-time buyer, looking to simplify, or hoping to get into a neighborhood with plenty of upside, this is a fantastic opportunity to enjoy city living at a price that's increasingly hard to find!

610 N Temple Avenue

Listing courtesy of Dylan Hostetter. United Real Estate Indpls

$520,000

4 Beds ⋅ 3 Baths ⋅ 46237 Zip Code

Welcome to this spacious two-story home in Franklin Township, tucked away on a private cul-de-sac with a tree-lined backyard and a 3-car garage. Inside, 9-foot ceilings and eye-catching, custom-made crown molding throughout the main floor add character and a polished touch. Hardwood floors bring warmth to both the living room and family room. The front living room offers flexible space for movie nights, a playroom, or a second gathering area, while the adjoining formal dining room is ideal for hosting or can serve as a home office. The kitchen offers abundant cabinetry, a large pantry, built-in double ovens, and a gas cooktop. Its open layout flows into the breakfast nook and family room, where a brick fireplace framed by beautiful floor-to-ceiling bookshelves creates an inviting focal point. Picture-frame windows and doors bring the outdoors in, overlooking the brand-new two-level deck and peaceful, tree-lined backyard. Upstairs, you'll find four bedrooms, including a generously sized primary suite with a walk-in closet and additional access to a partially finished attic space. The en-suite bathroom features double closets, a separate toilet closet, and an oversized walk-in shower with floor-to-ceiling tile, dual shower heads, an overhead rain shower, and built-in shelving. The conveniently located upstairs laundry room offers plenty of counter space for sorting, folding, and organization. The full walkout basement features 9-foot ceilings and offers endless possibilities to create additional living space tailored to your needs, with the potential for a fifth bedroom and plumbing rough-in for an additional full bathroom. Picture-frame windows and a door lead directly to the lower level of the new deck, making indoor-outdoor entertaining easy. Outside, enjoy scenic views, room to play, and the privacy of a tree-lined setting. With flexible living spaces, a 3-car garage, and room to grow, this Franklin Township home offers plenty of opportunities to make it your own.

6435 Bastani Place

Listing courtesy of Ron Rose. Indiana Realty Pros, Inc.

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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.

Indianapolis Homes with Basement

Newest Indianapolis Homes with Basement

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