Indianapolis Homes with Finished Basement Description

Welcome to Indianapolis, Indiana, a vibrant city known for its rich history, diverse culture, and warm Midwestern charm. As the state capital, Indianapolis offers a unique blend of urban sophistication and suburban tranquility, making it an ideal place for families, young professionals, and retirees alike. From the iconic Indianapolis Motor Speedway to the picturesque White River State Park, there’s no shortage of attractions and activities to enjoy.

One of the standout features of homes in Indianapolis is the availability of properties with finished basements. These versatile spaces provide an excellent opportunity for additional living areas, whether you envision a cozy family room, a home gym, or an entertainment hub for gatherings with friends and family. Finished basements not only enhance the functionality of your home but also add significant value to your property.

In neighborhoods like Broad Ripple, Fountain Square, and Carmel, you’ll find a variety of homes with finished basements that cater to different styles and budgets. Imagine hosting movie nights in your spacious basement or creating a playroom for your children to enjoy. The possibilities are endless!

Moreover, Indianapolis is known for its affordable housing market compared to other major cities, allowing you to find a beautiful home with a finished basement without breaking the bank. Whether you’re looking for a charming bungalow or a modern townhouse, Indianapolis has something to offer everyone.

Explore the charm of Indianapolis and discover the perfect home with a finished basement that suits your lifestyle. Your dream home awaits in this wonderful city!

Newest Indianapolis Homes with Finished Basement Description

$949,000

5 Beds ⋅ 5 Baths ⋅ 46217 Zip Code

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

Listing courtesy of Connor Jones. Mark Dietel Realty, LLC

$439,000

3 Beds ⋅ 2 Baths ⋅ 46217 Zip Code

Your Private Resort-Style Sanctuary in Perry Township Situated on a lush 0.41-acre lot, 1840 Sandhill Road delivers the ultimate outdoor lifestyle centered around its sparkling, fully fenced in-ground pool. Designed for effortless entertaining and day-to-day relaxation, the expansive backyard oasis boasts a private patio for seamless indoor-outdoor flow, mature trees framing the property, and a dedicated fire pit area perfect for gathering under the stars. Complete with a convenient storage barn for gear and pool essentials, this backyard retreat offers a resort-like escape where long summer afternoons and crisp autumn evenings can be enjoyed in total privacy. Inside, this charming 3-bedroom, 2-bathroom brick ranch combines warm, timeless appeal with a flexible and spacious layout. Light-filled living spaces feature sleek vinyl plank flooring, large windows, and a cozy family room fireplace that serves as an inviting focal point. The main-level primary suite provides a peaceful sanctuary complete with an en-suite bath and walk-in closet, while two additional bedrooms offer generous space for family or home office needs. Expanding the footprint even further, the fully finished basement includes two versatile bonus rooms-ideal for a home theater, recreation zone, or private gym-delivering continuous space to gather, unwind, and make memories.

1840 Sandhill Road

Listing courtesy of Carmen Sharp. CENTURY 21 Scheetz

$240,000

3 Beds ⋅ 2 Baths ⋅ 46224 Zip Code

PICTURE PERFECT living in Speedway Proper! Lovingly cared-for 3BR home is ready for its next chapter and your finishing touches. Strong curb appeal and located on a fantastic, quiet block in the heart of Speedway. Wonderful covered front porch welcomes you home! Living room features a brick fireplace and nice picture window. Kitchen and dining area are open, bright, and efficiently designed. Three bedrooms and fully tiled bathroom complete the main level. One bedroom has direct access to the kitchen and can serve as an excellent den/office or flex space. FINISHED BASEMENT with half bath offers additional living space and options galore! Spacious finished basement features track lighting, abundant storage, utility room, and custom shelving. Outside continues to impress with lush landscaping, stone pavers, and fenced backyard. The large 2-car garage has epoxy flooring, shelving, and a convenient service door. Walking distance to all things Speedway! Don't forget award-winning Speedway Schools. NO HOA. Newer HVAC. Come see why this one is a winner!

1646 Allison

Listing courtesy of Kyle Williams. Compass Indiana, LLC

$499,000

5 Beds ⋅ 4 Baths ⋅ 46239 Zip Code

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, 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 laundry room utility sink 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

Listing courtesy of Mark Gill. Berkshire Hathaway Home

$400,000

3 Beds ⋅ 2 Baths ⋅ 46220 Zip Code

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

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

$415,000

4 Beds ⋅ 3 Baths ⋅ 46227 Zip Code

All-stone ranch on 1.45 partially wooded acres, renovated in 2025, with four bedrooms, three flex rooms, and three full baths. All four bedrooms and two full baths are on the main level, including a primary bedroom with a walk-in closet, full bathroom, and private entrance, offering flexibility for guests or multigenerational living. The finished basement adds a third full bath and three versatile flex rooms with closets, great for home offices, hobbies, or simply having extra room to spread out. The 2025 improvements include a full kitchen remodel with upgraded cabinets, granite countertops, and stainless steel appliances, new tile flooring throughout the main level, and new LVP flooring throughout the basement. Outside, you'll find a covered front porch, rear deck, detached three-car garage with electricity, and a storage barn, all with no HOA. A Generac generator is also on the property; its operational status is unknown. This kind of privacy and space is hard to come by within the city, and you're still only about 10 minutes from Greenwood and an easy drive to downtown Indianapolis. Preferred lender credit available toward closing costs or a rate buydown. Ask for details!

6204 Madison Avenue

Listing courtesy of Jessica Hamby. eXp Realty, LLC

$725,000

6 Beds ⋅ 5 Baths ⋅ 46278 Zip Code

Move-In Ready with Fresh Interior Paint and New Carpet Thru-Out. Enjoy this Brick 2-Story Home with Walk-Out Basement and 3-Car Side Load Garage. Open Floor Plan has 2-Story Great Room, Dinning room and Entry. Solid Oak hardwood Flooring and Extensive Trim Moldings. Main Level Primary Bedroom is Spacious, has Sitting Room and Deck with access to Large Lower Patio. Wonderful Kitchen with Island seating for 6 plus Dining Area. Hearth Room features tray ceiling, 2nd Fireplace, built-ins and deck access. The upper level has three additional bedrooms all with plenty of closet space. The walk-in floored attic is 16x32, great for storage. Walk-Out Level features 18x33 Family/Rec Room with Wet Bar, The 5th and 6th Bedrooms, plus a workshop and storage areas. This Walk-Out Level could serve as In-Law Quarters. All Rooms are very Generous in Size and have Large Windows to enjoy the views. All 6 Bedrooms have direct bath access. Home backs to Common Area for extended outdoor activities and added privacy. Walk to Neighborhood Pool and Amenities. Great Location with nearby Interstate Access, Shopping and Restaurants. This property has been well maintained by the Original Owners, is now vacant and ready for you.

6440 Shamel Drive

Listing courtesy of Joel Woelfle. Berkshire Hathaway Home

$202,000

2 Beds ⋅ 2 Baths ⋅ 46250 Zip Code

Easy maintenance condo living! This spacious 3 level end unit condo offers loads of space and a convenient floor plan. Main level entry, kitchen with breakfast bar open to the living/dining room combo. Sliding door leads to back yard area separated by a privacy fence. Lower level provides more living area with a half bath and a laundry area. Upstairs you will find two nice sized bedrooms and a full bathroom. Low HOA fees, all exterior maintained by HOA. Great location close to shopping and interstate access.

9460 Aspen Grove Lane

Listing courtesy of Becky Rogers. Diversified Realty Centre

$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

$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.

$775,000

3 Beds ⋅ 4 Baths ⋅ 46202 Zip Code

Seriously? It's hard to believe that this totally custom and bespoke home exists. Frankly, it had us at the front garden! Compendium and the homeowners outdid themselves collaborating to produce an abode like no other Downtown. The interior is dynamic and honestly perfect for a variety of groups. The main floor ideally combines intimacy with openness, offering a fireplace, large windows, and a unique glass wall separating the stairways to both the upstairs and finished lower level. The timeless kitchen is paired with a sliding glass door to the rear tranquil courtyard, which is equipped with a gas fire pit, a two-car garage, and a rooftop deck! The basement is top-tier, featuring yet another fireplace, a large living room, a wet bar, an additional bedroom, and a bathroom! Intimate garden rooms overlooking a treed and grassy field set the stage for a lifestyle like no other! The Cottage Home neighborhood is within walking distance to all that makes us love Downtown including The Daisy Bar, Sidedoor Bagel, Dorman St Bar, Bodhi, and all the fun at the Bottleworks District! You have found your stylish sanctuary in the city.

818 N Oriental Street

Listing courtesy of Joe Everhart. Everhart Studio, Ltd.

$665,000

6 Beds ⋅ 4 Baths ⋅ 46278 Zip Code

Welcome to 8617 Vine Maple Way! Situated on a desirable corner lot, this spacious 6 bedroom, 3.5 bath home offers a versatile layout with room to fit a variety of needs. The main level provides a layout that's complementary to entertaining or lounging quietly in the sun room. The large kitchen and great room feature a double sided fireplace that is sure to warm everyone's hearts. The finished basement provides additional living space and features 2 bedrooms and a generously sized Jack-and-Jill bathroom, perfect for multi-generational living arrangements. Located in the sought-after west side community of The Preserve at Eagle Creek, the property is surrounded by mature trees, beautiful foliage, and the natural beauty of the Eagle Creek area, with opportunities to spot local wildlife. Enjoy the combination of generous living space and a peaceful neighborhood setting in this inviting Indianapolis home.

8617 Vine Maple Way

Listing courtesy of Dalisha Boone. The Vearus Group

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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 Finished Basement Description

Newest Indianapolis Homes with Finished Basement Description

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