Indianapolis Homes with Finished Basement

Indianapolis Homes with Finished Basement

Welcome to Indianapolis, the vibrant heart of Indiana! Known for its rich history, diverse culture, and thriving economy, this city offers a unique blend of urban excitement and Midwestern charm. With its friendly neighborhoods, an array of local attractions, and a strong sense of community, Indianapolis is an ideal place to call home.

One of the standout features of many homes in this area is the inclusion of finished basements. These versatile spaces can serve a multitude of purposes, from cozy family rooms and game areas to home offices and guest suites. Imagine hosting friends for movie nights or creating a personal retreat away from the hustle and bustle of daily life—all within the comfort of your own home. Finished basements not only enhance your living space but also add significant value to your property, making them a sought-after feature for homebuyers in Indianapolis.

The city's real estate market is as diverse as its residents, offering everything from charming bungalows to modern townhomes, many of which boast beautifully finished basements. Whether you're looking to settle in the bustling downtown area or prefer the tranquility of suburban living, Indianapolis has a neighborhood that fits your lifestyle.

Explore the vibrant arts scene, indulge in the culinary delights, or enjoy the numerous parks and recreational areas that make Indianapolis a fantastic place to live. With a home featuring a finished basement, you can enjoy the best of both worlds—comfortable living and the opportunity to create the perfect space tailored to your needs. Discover your dream home in Indianapolis today!

Newest Indianapolis Homes with Finished Basement

$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..

$465,000
4 Beds 4 Baths
Stunning Huntington home in Traders Point with incredible space, a finished basement, 3-car garage and major updates! The soaring two-story entry welcomes you into an open main level featuring formal living and dining rooms, a private office/study and dramatic two-story great room with huge windows and fireplace with gas starter. The great room flows into the kitchen and breakfast area, creating an ideal space for entertaining. The kitchen offers 42-inch cabinets, stone counters, tile backsplash, center island and pantry, plus a butler's pantry connecting to the dining room. Upstairs, the catwalk overlooks the entry and great room. The spacious primary suite features room for a sitting area, double-door entry and a fabulous bath with updated walk-in shower, soaking tub and double sinks. The huge walk-in closet includes direct access to a walk-in attic with potential for additional finished storage or a dream closet. Three additional bedrooms and a full bath complete the upper level. The finished lower level is a rare Huntington find and offers incredible flexibility. Fresh paint and new carpet, plus a full bath, mini kitchen and storage room, make this huge space perfect for entertaining, guests, recreation, hobbies or additional living space. This meticulously maintained home is move-in ready, with 2023 roof , furnace and AC replaced in 2024. The HVAC includes a 10-year transferable warranty. Outside, enjoy a huge beautiful corner lot, gorgeous multi-level deck and 3-car garage. Priced for you to customize and put your finishing touches! The highly desirable Huntington community features four lakes with fountains, a playground and a trail directly into Eagle Creek Park. Convenient access to I-65 and I-465 makes commuting easy. A beautiful home with exceptional space, flexibility and updates-don't miss it! The thoughtful layout provides room to entertain, work, relax and grow, while the finished basement adds exceptional versatility rarely found.

6950 Bluffridge Way, Indianapolis

Listing courtesy of Compass Indiana, LLC.

$1,399,900
5 Beds 4 Baths
Luxury Home plus Luxury Carriage House Apartment! Experience refined urban living at 1606 N New Jersey Street, where timeless character, luxury finishes, and an exceptional location come together beautifully. Abundant natural light showcases the hardwood floors and open floor plan designed for both comfortable living and effortless entertaining. The impressive gourmet kitchen features top-of-the-line appliances, quartz countertops, a walk-in pantry, and an oversized center island. The main level also offers an incredible wine bar, dual-sided fireplace, spacious great room opening to the covered rear porch, first-floor bedroom or private office, full bathroom, and a generously sized mudroom. Upstairs, the expansive primary suite is a true retreat, complete with a private balcony, deluxe 18' x 10' walk-in closet, and spa-inspired luxury bathroom. Two additional bedrooms, another full bathroom, and a convenient second-floor laundry room complete the upper level. The finished lower level provides even more room to relax and entertain, featuring a large family room and wet bar-the perfect hideaway for movie nights, game days, or hosting guests. Outdoor living is equally inviting with a covered front porch, covered rear patio, and beautifully landscaped, fully fenced yard. The finished three-car garage includes a convenient dog-washing station. Adding tremendous value and versatility is the separate luxury carriage house apartment-ideal for guests, extended family, a private office, or potential rental income. Located in one of Indianapolis' most desirable urban neighborhoods, this exceptional property is just steps from Tinker Street Restaurant and Foundry Provisions Coffee Shop, with quick access to Downtown Indianapolis, Broad Ripple, dining, shopping, parks, and entertainment. This is more than a home-it's an opportunity to enjoy luxury, flexibility, and an unbeatable Indianapolis lifestyle. Don't let this opportunity pass you by!

1606 N New Jersey Street, Indianapolis

Listing courtesy of eXp Realty LLC.

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