Indianapolis Homes with Exterior Entry Basement

Indianapolis Homes with Exterior Entry Basement

Welcome to Indianapolis, the vibrant heart of Indiana, where a perfect blend of urban sophistication and Midwestern charm awaits you! Known for its rich history, diverse culture, and thriving economy, Indianapolis is a city that offers something for everyone. From the iconic Indianapolis Motor Speedway to the lush parks and bustling downtown, residents enjoy a dynamic lifestyle filled with entertainment, dining, and outdoor activities.

One of the standout features of homes in Indianapolis is the availability of residences with exterior entry basements. These unique homes provide not only additional living space but also the convenience of separate access, making them perfect for multi-generational families, home offices, or rental opportunities. Imagine hosting friends and family in your spacious basement, complete with its own entrance—ideal for entertaining or creating a cozy retreat.

The exterior entry basement homes in Indianapolis often boast charming architectural styles, from classic brick facades to modern designs, ensuring that there’s a perfect fit for every taste. These homes are typically situated in friendly neighborhoods, where tree-lined streets and community parks foster a sense of belonging.

Living in Indianapolis means enjoying a rich tapestry of cultural experiences, from art galleries and museums to sports events and music festivals. With a cost of living that’s lower than the national average, it’s an ideal place for families, young professionals, and retirees alike to call home.

Explore the possibilities that await you in Indianapolis, where your dream home with an exterior entry basement is just waiting to be discovered!

Newest Indianapolis Homes with Exterior Entry Basement

$525,000
2 Beds ⋅ 3 Baths
Rare opportunity to own a hard-to-find end-unit waterfront condo on Geist Reservoir with a boat dock & shore lift station right out your back door! Welcome to the lake life! Amazing water views from every level. This stunning 3-level unit offers a walk-out basement with a fireplace & office with a glass French door. Upstairs includes 2 bedrooms, 2 full baths, a loft (could be a 3rd BR), and laundry. On the main floor, you will find a Great Room that opens to the main-level deck. Great for entertaining, with a dining area, hardwood flooring, an updated kitchen with stainless steel appliances, granite counters, and a pantry. All appliances are included; granite counters in all bathrooms; plantation shutters throughout most of the home. Enjoy a truly relaxing, carefree lifestyle in this low-maintenance community with a clubhouse, pool, pickleball, etc.. Barely used 20' pontoon boat for sale separately for $25K.

11285 Shoreview Circle, Indianapolis

Listing courtesy of CENTURY 21 Scheetz.

$725,000
Rare investment opportunity in the Near Northside/Fall Creek Place corridor: a 1913 Craftsman fourplex with four legal units and 10 bedrooms across approximately 6,400 SF, already operating as a hybrid short-term rental and long-term primary residence with a potential cap rate approaching 9-10%. The main floor and full basement (7 bedrooms) run as an established, Superhost-rated Airbnb with a proven booking history - seller is offering a 3-6 month co-hosting transition so a buyer inherits the reviews and ranking rather than starting from zero. The upper floor is a spacious 3BD/2BA suite currently owner occupied. Original inlaid hardwood floors, tiled fireplaces, and custom millwork throughout, plus an original tile roof with a matching surplus of spare tiles included. Recent updates: full exterior repaint, all ~75 original windows and storm windows repaired, 2024 condenser replacement, HVAC service plans maintained on both systems, newer water heater/softener. Electric separately metered per unit. Off-street parking on two street frontages plus a one-car garage. Sold furnished, with the active short-term rental operation available to convey for a true turnkey opportunity. Buyer may also have the option to assume the seller's existing financing balance of 375k at 3% - a rate well below today's market - ask listing agent for details. Occupied; please do not disturb. Showings by appointment only.

37 W Fall Creek Parkway South Drive, Indianapolis

Listing courtesy of Liz Foley Real Estate, Inc..

$450,000
4 Beds ⋅ 3 Baths
Welcome home to this stunningly remodeled ranch with an awesome finished walk-out basement in desirable Ivy Hills! Ready for move-in, this property sits on a rare and highly desirable ONE ACRE LOT, giving you unmatched space, privacy, and peaceful pond views. The main level flows effortlessly with a chef-inspired kitchen boasting custom cabinets, premium quartz countertops, high-end SS appls, and a functional island open to the hearth room with a cozy fireplace. Dazzling primary suite has walk-in closet, double-sink vanity, sparkling tile shower, and wonderful deck for morning coffee. Two additional bedrooms on main level are well appointed with an adjacent full bath and tub. Head downstairs to the fantastic finished walk-out basement, which adds versatile living space perfect for an additional bedroom, home gym, and/or bonus recreation room. Spacious basement also has a full bath and large storage/laundry room with a private and convenient staircase to the garage. Complete with a circular driveway and a charming porch, this exceptional home puts you minutes from top dining and shopping while offering your own private sanctuary. Washington Township Schools. Schedule your private tour today!

5330 Kilmer Lane, Indianapolis

Listing courtesy of Compass Indiana, LLC.

$550,000
5 Beds ⋅ 4 Baths
Tired of cookie cutter homes on postage stamp lots? Come see this charming 5-bed, 4 full-bath MCM ranch w/ 3-car garage, w/o basement partially finished in 2021 & featuring a newly constructed 1800 sq ft. luxury outbuilding! This home features two spacious living areas, expansive kitchen, & split bdrm layout. The large primary suite boasts original HW floors, 2 closets, & private garage access. The spa-like master bath includes a double vanity, jetted tub, & W/I shower w/ dual shower systems. A 300 sq ft family room showcases a 2-sided w/b fireplace, a limestone feature wall, & stunning picture window. The nearly equally spacious living room offers a completely private, separate living space & natural light. The remodeled kitchen (2024) features white cabinets, a center island w/ handcrafted 7-foot Indiana white oak countertop, & unique cooking fireplace w/ cast iron grate. The basement includes a 10' custom wet bar w/ a live-edge bar top, reclaimed barnwood base, brass footrail, & whiskey barrel accent wall. A FP w/ wood-burning stove insert & matching mantel adds warmth & charm. The large backyard features fruit trees, a creek along the north & east edges & wrap-around DW repaved in 2024. This updated home includes reinforced basement walls (2007), upgraded electrical (2007), generator (2021), new windows & custom blinds (2023), & remodeled kitchen & floors (2024). A truly exceptional feature of the property is the 1,800 sq ft professional greenhouse, constructed just 1 year ago & designed for sophisticated, year-round climate-controlled horticulture. Built on a 3-ft deep concrete slab, the greenhouse is equipped with a state-of-the-art, fully automated environmental control system capable of maintaining temperatures from approximately 35F-100F. The system integrates industrial-grade evaporative cooling, large-capacity ventilation fans, a 750-gal. water tank, 2 propane heaters, dedicated elec. metering system w/ back-up generator & is connected to city water.

4750 Kessler Boulevard North Drive, Indianapolis

Listing courtesy of F.C. Tucker Company.

$399,900
5 Beds ⋅ 4 Baths
This gorgeous, fully renovated Washington Township limestone ranch with 5 beds/4 baths has a versatile layout that could be perfect for multi-generational living and many other lifestyle needs. There are multiple living areas, and the finished walkout basement with its own entrance feels like an extra house of its own with a HUGE 26'X13' recreation room, a fourth & fifth bedroom, an updated full bath, and another two finished basement areas. The home's curb appeal shines with a newly sealed long driveway, new garage doors on the side-entry garage, and several new windows that enhance both efficiency and style. The well-built home has modern updates throughout, including new luxury vinyl plank flooring, new plush carpet, new paint, and new light fixtures. The details will draw you in and delight you- 3 fireplaces, a stunning accent wall, gold accents/fixtures throughout, built-in bookshelves and more. Cooking will be fun in this fully remodeled kitchen with new stainless-steel appliances, new light quartz counters with elegant veining, and new dark stain cabinets. The kitchen is open to the dining area/family room, creating an inviting space for gathering with friends and family. The living room has more of a formal feel with its original fireplace and three large windows. Your personal oasis awaits with a NEW primary bedroom suite that is spacious, full of light with a private full bathroom with designer finishes and a walk-in closet! The other two bedrooms on the main level have a surprising amount of closet space and the cutest double corner windows. The home is nestled on a quiet, winding street on a generous half acre lot. Outside, you can enjoy a private backyard with an oversized concrete patio surrounded by mature trees, providing the perfect setting for relaxing evenings or entertaining outdoors. With extensive updates, flexible living spaces & a serene location, this move-in-ready home is ready to be yours! Some virtual staging on photos.

4571 Devon Drive, Indianapolis

Listing courtesy of Highgarden Real Estate.

$2,199,900
6 Beds ⋅ 6 Baths
The Ultimate Waterfront Paradise: Luxury Lakefront Living Refined Boating, fishing, and thrilling watersports are right outside your back door at this stunning Geist waterfront residence. Nestled in a gorgeous, private setting, this luxury estate truly "has it all," offering panoramic pool and water views from almost every vantage point. Feeling like a Get a Way lifestyle as an entertaining experience awaits your family and guests. Many areas used as you wish reflected throughout the entire residence. Room for everyone with 6 bedrooms+6 baths No detail has been spared in blending grand architectural elements with easy care custom finishes. All new Premium Waterproof LUXURY vinyl through all levels! Your new Home ,framed by gorgeous waterfront and professional landscaping. Ready to house your watercraft, offering instant access to open-water cruising and watersports. Inground Heated Swimming pool with sun deck to unwind beneath the stars. Outdoor covered bar area with wet sink. The main level is designed to maximize the beautiful surroundings while offering rich, sophisticated spaces for daily living. New Kitchen 2024 Elevated Quartz, all new Wolf induction cooktop, wolf oven and New Drawer style microwave. Pullouts galore, built in Coffee bar and New Subzero Fridge. Main level primary bedrm as well as main floor 2nd bedroom and additional New Full bath. Great for guest! Second kitchen/ bar area in basement with Amazing Wine cage .New HVAC 2023 and Tankless water heater too. New Cast iron custom stair railings! Irrigation and electric fence are in place . All new fireplace surrounds with marble and stone hearths. So much to discover. Hurry and enjoy the Good Life.

12162 Pearl Bay Ridge, Indianapolis

Listing courtesy of United Real Estate Indpls.

$250,000
4 Beds ⋅ 3 Baths
Welcome to 3516 Salem Street in Indianapolis-a beautifully updated home offering a fantastic combination of modern improvements, flexible living space, and an incredibly convenient location just minutes from Downtown Indianapolis. The remodeled basement, completed in 2023, adds valuable additional living space and features a custom kitchen with stainless-steel appliances, custom cabinetry, and quartz countertops, along with a bedroom. The newly installed full bathroom is sure to impress and improves function. The finished basement also offers the potential for additional rental or income-producing use, with the seller estimating approximately $1,000 per month in potential income. Connections are already in place for a separate in-unit laundry setup. Additional improvements include new flooring installed in 2024, appliances purchased in 2023 that will remain with the home, a new privacy fence installed in 2023, and a new deck built in 2025-creating an inviting outdoor space for entertaining, relaxing, or enjoying the warmer months. Location is another major highlight. Situated approximately 6 minutes from Downtown Indianapolis, you'll have convenient access to restaurants, entertainment, sporting events, shopping, employment centers, and everything the city has to offer. Families will also appreciate the proximity to The Children's Museum of Indianapolis, located approximately half a mile away. Ownership of this home may have access to free annual passes to the children's museum if you apply. With thoughtful updates, a finished basement offering flexible possibilities, newer major improvements, and a prime Indianapolis location, 3516 Salem Street is a property that offers both immediate comfort and long-term potential. Come see everything this home has to offer!

3516 Salem Street, Indianapolis

Listing courtesy of My Agent.

$349,900
3 Beds ⋅ 3 Baths
Beautifully updated 3-bedroom, 3-full-bath home in the heart of SoBro! This move-in-ready home has been thoughtfully renovated throughout, featuring a new HVAC system, new windows, new roof, updated electrical, new flooring, beautifully updated bathrooms, a completely refreshed kitchen, and so much more. Washer/dryer hookups are conveniently located on both the main level and in the basement. The spacious walkout basement offers additional living space and flexible options, including a separate entrance for guests, a potential rental opportunity, or added everyday convenience. A one-car garage provides convenient parking and extra storage. Located just around the corner from the Nickel Plate Trail and close to all that SoBro has to offer, including popular restaurants, shops, and entertainment. With extensive updates already completed, this home is ready for its next owner to move right in and enjoy!

4720 Caroline Street, Indianapolis

Listing courtesy of Homeward Bound Realty LLC.

$224,900
3 Beds ⋅ 3 Baths

222 N Eaton, Indianapolis

Listing courtesy of Kline Properties, Inc..

$339,900
4 Beds ⋅ 3 Baths
Welcome home to this beautifully renovated house-updated throughout in 2018- while preserving its classic charm. The grand entryway opens to a spacious main level with 9+ foot ceilings, an inviting living room, dining room, and updated kitchen featuring black slab-door cabinetry, granite countertops, and a marble backsplash. A half bath, first-floor laundry, coat closet, and access to the fully fenced backyard add convenience. The large, dry basement offers storage and a third exterior entrance from the stair landing. Upstairs are three bedrooms, a versatile office that could serve as a fourth bedroom or nursery, a full bathroom, and a charming window seat. The entire third floor is dedicated to the spacious primary suite, complete with a walk-in closet and en-suite bathroom featuring tile flooring and a tiled walk-in shower. Blending historic character with modern updates, this inviting home offers generous space and thoughtful design throughout. New roof 2024. Come see it today.

607 E 32nd Street, Indianapolis

Listing courtesy of F.C. Tucker Company.

$465,000
4 Beds ⋅ 3 Baths
Welcome to this beautifully crafted, one-owner CUSTOM HOME situated on a .31-acre corner lot tucked within a quiet cul-de-sac in Perry Township! Featuring 4 bedrooms and 2.5 bathrooms, this home offers a desirable MAIN-LEVEL PRIMARY with a recently renovated private en suite bath. HARDWOOD FLOORS flow throughout the main level, adding warmth and character to the space. The screened-in back patio provides a comfortable extension of the living space and a relaxing place to enjoy the outdoors. The UNFINISHED WALK-UP BASEMENT offers plenty of room for storage or the opportunity to create additional living space and already includes a bathroom rough-in. With over 3,000 SqFt, this conveniently located home is ready for its next owner to make it their own!

348 Creekbend Lane, Indianapolis

Listing courtesy of Highgarden Real Estate.

$1,249,000
5 Beds ⋅ 5 Baths
Experience the Geist lifestyle with private dock access from your backyard and walkable convenience to Geist Marina, waterfront dining, shopping, and entertainment. Nestled on a spacious 0.76-acre lot in sought-after Bridgewater, 12295 Ridgeside Road includes a 1/10 ownership interest in the neighborhood's private waterfront and dock area, featuring a dedicated boat lift, canopy, and cover. Enjoy effortless access to Geist Reservoir while benefiting from the privacy and exclusivity of this exceptional property. Extensively updated over the past five years, this 5-bedroom home offers over 6,000 square feet of flexible living space, abundant natural light, and a walkout lower level. The main floor features a spacious primary suite, a dedicated home office, and open living areas overlooking the professionally landscaped property. Upstairs includes three additional ensuite bedrooms and an expansive finished bonus/dressing room ideal for a fitness area, studio, or extra office. The walkout lower level boasts 10-foot ceilings, a wet bar, a fifth bedroom, a full bath, and an open entertaining space alongside generous storage. Major recent improvements include a new roof and gutters (2025), a new HVAC system (2026), updated bathrooms and appliances, refreshed exterior paint, new concrete and walkways, a paver firepit, an upgraded 12-zone smart irrigation system, and enhanced attic and crawl space insulation. Conveniently located near Geist Marina, local dining, and shopping, this property combines luxury, modern updates, and a private waterfront setting.

12295 Ridgeside Road, Indianapolis

Listing courtesy of Keller Williams Indpls Metro N.

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