Center Homes with Exterior Entry Basement

Center Homes with Exterior Entry Basement

Welcome to the heart of Indiana—an enchanting region that beautifully marries the charm of small-town living with the vibrancy of urban convenience. Here, in the Center region, you'll find a diverse array of neighborhoods, each boasting its unique character and appeal. From tree-lined streets adorned with historic homes to modern developments that cater to contemporary lifestyles, this area is perfect for families, young professionals, and retirees alike.

One of the standout features of homes in this region is their exterior entry basements. These thoughtfully designed spaces offer an array of possibilities, from additional living areas to private guest suites or even home offices. Imagine stepping into your home and having the flexibility to utilize this extra space however you see fit—whether it’s for family gatherings, a cozy movie night, or a productive work-from-home setup. The exterior entry provides ease of access, ensuring that your basement can serve as an independent space without disrupting the flow of your main living areas.

In addition to the homes, the Center region is rich with amenities. Enjoy local parks, vibrant community events, and a variety of dining and shopping options that cater to every taste. With excellent schools and a strong sense of community, it’s easy to see why so many are drawn to this area.

If you’re looking for a home that combines comfort, convenience, and versatility, the Center region of Indiana, with its stunning homes featuring exterior entry basements, is the perfect place to call home. Come explore the possibilities and discover your dream home today!

Newest Center Homes with Exterior Entry 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..

$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.

$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.

$359,000
6 Beds ⋅ 4 Baths
Charming 2-Story in Historic Old Southside - Near Bates-Hendricks & Downtown Indy Minutes from Downtown Indianapolis, Lucas Oil Stadium, the Convention Center, Fountain Square, Fletcher Place and Bates-Hendricks, this renovated 6-bedroom, 4-full-bath home provides approx. 2,524 sq ft, a flexible 7th bedroom/office and 9-10 ft ceilings. Configured as one residence, the two-level layout provides versatility. The main level features multiple bedrooms, 2 full baths, a living area and flexible room for an office, private suite or additional bedroom. The renovated kitchen features new shaker cabinetry, countertops, dining island/bar, backsplash, stainless-steel appliances and recessed lighting. Upstairs includes additional bedrooms, 2 more full baths, flexible living space and laundry hookups. All 4 bathrooms are newly updated. The unfinished basement adds storage. Updates include new flooring, fresh interior paint, trim and doors, plus upgraded electrical and plumbing. The exterior is repainted, with a large front porch and fenced approx. 30' x 30' backyard. Central HVAC ductwork is in final stages and will be completed prior to closing. County and prior listing records reflect a multifamily/duplex history. Currently used as one residence, the layout may support multi-unit or rental configurations, subject to zoning and permitting verification. Some photos are virtually rendered. Security Cameras and Alarm System for staging only. Some photos have been virtually rendered.

1218 Union Street, Indianapolis

Listing courtesy of Beycome Brokerage Realty LLC.

$575,000
3 Beds ⋅ 4 Baths
Amazing Townhome with Rooftop & 3 bed, 3.5 baths in the Old Northside part of Downtown Indy, right down the street from the Bottleworks district and two blocks off the Monon. Home features top of the line Appliances, Tons of cabinet space, island with bar top seating, Accent wall in the Kitchen, Remote operated Blinds on Main Floor and Custom blinds on 1st & 3rd floor bedrooms, Reverse Osmosis System, Tankless Hot Water System, Wi-Fi Thermostat and 1/2 main floor guest bath. Bottom Floor has large shoe cubby with bench/hooks built-in to wall plus coat closet and Bedroom complete with large closet, ensuite full bath and separate entrance/terrace. Kitchen Deck with Composite Decking, 2 car garage with Mobile App. 2 large Bdrms on 2nd floor both with ensuite baths and large walk-in closets. ROOFTOP with amazing views and outdoor lighting. Washer and Dryer incl. Home is currently operating as STR which can be turned over to next owners if they want to continue to operate. All furniture is very high quality and negotiable.

711 E 16th Street, Indianapolis

Listing courtesy of Vision One Real Estate.

$415,000
3 Beds ⋅ 3 Baths
Step into this 3-bedroom, 3-bath home in the Fall Creek Place neighborhood and feel right at home amidst the historic charm and modern conveniences. It's hard not to fall in love with the cozy covered front porch with porch swing, the lovely foyer, the high ceilings, and exposed-brick fireplaces that immediately greet you. The spacious main level flows beautifully with two living spaces, providing options for a formal dining room, family room, office, playroom, or even guest space with a full bathroom on the main level. The kitchen features granite countertops with both an island and a breakfast bar, a walk-in pantry, plus an eat-in dining area. Upstairs, the large primary bedroom has a walk-in closet, en-suite bathroom complete with a walk-in tile shower, recently added dual vanities, and a garden tub with bay windows overlooking the trees. You'll find two additional large bedrooms with plenty of closet space, and another full bathroom with a walk-in shower and convenient upstairs laundry. The quaint backyard offers just the right amount of space for outdoor gatherings, gardening (the raspberry bushes are fruitful!), or enjoying moments on the decks. The oversized two-car garage provides plenty of space for parking plus storage or a workbench, and sits on the impeccably maintained alleyway. As a unique piece of Indianapolis history, acclaimed artist Frank E. Hammer--known for a portrait of James Whitcomb Riley--once called this property his home. An exceptional opportunity to own a thoughtfully updated home with character, history, and an unbeatable Fall Creek Place location. Recent improvements include new hard-surface flooring throughout the main level, new sewer line (2025), water softener (2021), cozy gas fireplace inserts, smart garage door opener, primary bath dual vanities, and built-ins in the family room. The exterior was painted, and the roof was replaced in 2020 for added peace of mind.

2429 N Pennsylvania Street, Indianapolis

Listing courtesy of Maywright Property Co..

$70,000
6 Beds ⋅ 1 Baths
Character-rich 1890 home offering 2,238 sqft, 6 bedrooms, 1 full bath, and a full basement on a large lot with room to expand, garden, or add outbuildings - lots of possibilities for the right buyer. Some updating has already been completed: LVP flooring runs through most of the main living areas, 1 year old Air conditioner and the bathroom has been updated. This home still needs significant work to reach its full potential, including siding replacement, and window and screen replacement throughout. Buyers should plan for a substantial renovation budget. With 6 bedrooms and a large lot, this property offers strong potential for a savvy renovation - whether you're looking to restore a piece of Muncie's history or maximize the space for future rental income. Priced to reflect the work needed - bring your contractor and your vision. Cash or renovation financing recommended.

1414 E 8th Street, Muncie

Listing courtesy of The Stewart Home Group.

$159,900
2 Beds ⋅ 2 Baths
The main bedroom rises two stories to a vaulted ceiling, with a loft above it. There are seven units in this community and none of the others are laid out like this one. * This end unit sits on 27th, a small street off Fall Creek that stays quiet for how close it is to downtown. The covered front porch faces the trees along Fall Creek. Fall Creek Trail is a 5 min walk * Two bedrooms and two full baths over four levels, with a full brick fireplace in the living room. The top floor loft can be an office or flex room. A third bedroom is another option. * The lower level has a bonus room and laundry, along with one of the two full baths. One-car "tuck under" garage. * AC 2025. Water heater 2021, furnace 2019. * Down payment assistance programs may be available. Ask your lender.

114 E 27th Street, Indianapolis

Listing courtesy of Carpenter, REALTORS®.

$229,900
3 Beds ⋅ 2 Baths
Traditional charm just north of downtown Indianapolis, ready for its next chapter. This home, with its traditional charm, is ready for you to move in. From the moment you arrive, the massive front porch sets the tone, a great spot for relaxing in the evening or just catching the morning sunrise. This home features 3 comfortably sized bedrooms, with plenty of personal space for each person. A full bathroom and an additional half bathroom cater to both daily routines and guest convenience. The basement adds a functional laundry area while adding valuable storage or potential for future finishes. Outside, a private fenced in backyard offers a quiet escape, whether you're growing a garden, hosting a cookout, or just enjoying some fresh air. Experience the appeal of downtown living and functional design of this incredible home. Come see it today.

3366 N College Avenue, Indianapolis

Listing courtesy of Realty Wealth Advisors.

$222,500
3 Beds ⋅ 1 Baths
Welcome to 1951 Ruckle Street, a great investment opportunity located in the desirable Near Northside / Old Northside area of Indianapolis. Just minutes from Downtown, Fall Creek Place, major interstates, hospitals, and universities, this location continues to attract steady demand and long-term growth. The surrounding neighborhood has seen consistent revitalization and reinvestment, supporting strong resale and rental potential. Nearby renovated properties help establish attractive after-repair values, making this a solid value-add opportunity. Whether your strategy is renovation for resale or long-term hold, this property offers flexibility and upside. Opportunities at this price point in such a central location are becoming increasingly limited. Bring your vision and explore the potential this home has to offer.

1951 Ruckle, Indianapolis

Listing courtesy of Real Broker, LLC.

$320,000
4 Beds ⋅ 4 Baths
Crafted by Mad River Homes, one of Indianapolis' respected renovation and building specialists, this north-side Downtown property blends quality, flexibility, and investment potential in a highly desirable location. Walk through the spacious front porch to arrive into the expansive foyer; where the whole home invites you in. The upstairs hosts the bedrooms and laundry, while the main level serves a perfect home for entertainment, formal dining, and preparing meals. Designed for versatility, this home features a layout that allows the upstairs and basement to be fully separated, creating an opportunity for an ADU or in-law suite. This configuration is ideal for a house-hack strategy, multi-generational living, or generating income from two distinct spaces. As an Airbnb, the upper unit could produce up to $3,500 per month and the lower unit up to $2,000. As a long-term rental, projected rents are approximately $2,000 upstairs and $1,000 downstairs. Mad River Homes also offers customization options tailored to your needs, including adding a garage. Perfect for entertaining, income generation, or providing separate living quarters; this property also qualifies for grant programs offering 0% down, no PMI, and a $5,000 credit toward closing costs. Just minutes from Butler University, Broad Ripple, Mass Ave, the Indianapolis Children's Museum, Eskenazi Hospital, Methodist Hospital, and IU Indianapolis, it offers immediate access to major educational, medical, and cultural anchors. Book your showing today and we look forward to calling this home yours!

3114 N Capitol, Indianapolis

Listing courtesy of FULL CANOPY REAL ESTATE, LLC.

$279,000
4 Beds ⋅ 2 Baths
Move right into this beautifully updated 4-bedroom, 2-bath home on a double lot in the heart of Frankfort! The big-ticket items have already been taken care of, including the roof, electrical, plumbing, gutters, water heater, high-efficiency furnace, sump pump, and a remodeled upstairs bathroom. Inside, you'll find spacious bedrooms, a custom pantry, a full basement for storage or future finishing, and an unfinished attic ready for your own vision. The kitchen comes complete with the washer, dryer, refrigerator, stove, microwave, and dishwasher. Outside, enjoy the detached over sized 1 car garage with loft, large concrete patio, and a backyard cabin that's perfect for entertaining, hobbies, a home office, or a private retreat. Plenty of street off-street parking. Located just a short distance from downtown Frankfort and Prairie Creek Park, you'll enjoy easy access to the splash pad, Farmers Market, concerts, movie nights, the Hot Dog Festival, and other community events. If you're looking for space, character, and the peace of mind that comes with major updates already completed, this move-in-ready home is a must-see!

509 S Harrison Street, Frankfort

Listing courtesy of Berkshire Hathaway Home.

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