Indianapolis Homes with Unfinished Basement

Indianapolis Homes with Unfinished Basement

Welcome to Indianapolis, the vibrant heart of Indiana and a city that beautifully blends rich history with modern living. Nestled in Marion County, Indianapolis is known for its friendly atmosphere, diverse culture, and thriving economy. With a population of over 880,000, it stands as the state’s capital and a hub for sports, arts, and innovation. Whether you’re a sports enthusiast eager to catch a Colts game at Lucas Oil Stadium or an art lover exploring the Indianapolis Museum of Art, this city has something for everyone.

For those considering a move to Indianapolis, homes with unfinished basements offer a unique opportunity to customize your living space according to your personal taste and needs. Imagine the potential of transforming an expansive, open basement into a cozy family room, a home gym, or even a stylish guest suite. The unfinished basements in many Indianapolis homes provide an excellent canvas for your creativity, allowing you to design a space that perfectly complements your lifestyle.

Additionally, the neighborhoods in Indianapolis are as diverse as its residents. From the historic charm of Irvington to the bustling energy of Broad Ripple, you’ll find a community that resonates with your lifestyle. With a reasonable cost of living and a variety of recreational activities, Indianapolis is not just a place to live; it’s a place to thrive.

Explore the possibilities that await you in Indianapolis, where your dream home with an unfinished basement is just a step away from becoming a reality!

Newest Indianapolis Homes with Unfinished Basement

3 Beds ⋅ 1 Baths

Do you want the expensive items to already be newer? To save you money? Do you want to avoid the big expenses and focus on the cosmetic work and enjoy making it your home? This could be the one. It has several bonuses & features that are uncommon for homes in this area & price point. Come and see for yourself. Roof & HVAC new in the last 3-5 years. Wiring in electrical panel is tidy. Hot Water Heater is newer. Backyard offers much and has accents of a nostalgic "Pioneer Village". A true double-lot backyard with full privacy fence. Firepit area is meticulously neat with a large pea graveled area with fountain. Covered swing. has metal roof/barn wood covering giving you shade or rain shelter. Very nice large 16x12 Workshop/Barn has electricity, multiple work benches, full size 9-foot garage door for big mowers, motorcycles or simply to catch a good breeze. Smaller outbuilding is 9x9 mini-barn also with electricity. Admire it all from your elevated full-size deck, just off the back door. Park under the newer 20X20 Carport. Inside, the dining room has a fireplace and beautiful vintage, built-in buffet-cabinets. Similar to the houses in Irvington/old Broad Ripple/Garfield Park. After dinner head to the spacious, fully enclosed front porch with wrap around windows. Catch the night breeze without getting bug-bit. The 2 downstairs bedrooms could be opened up into a large master suite, as they already share a common-wall closet. Upstairs has been long left alone with the kids being grown and long gone. But it is ready for a clean-up and a new purpose. There is light carpentry needed as the faces have loosened on some kitchen drawers and other similar needs. All appliances stay. Lots of cabinet space. Beautiful rose bushes. This 1920 home has features that are hard to duplicate. Some straightforward paint, flooring and some light carpentry will make this home yours. Seller has an insurance claim for air-conditioning condenser in process. Estate sale. Sold As-Is

5022 University Avenue, Indianapolis

Listing courtesy of eXp Realty, LLC.

2 Beds ⋅ 1 Baths

Move-in ready in the heart of SoBro, this charming bungalow pairs classic character with extensive updates and a fantastic neighborhood setting. Located on a quiet street just one block from IPS elementary Montessori School #91, the property abuts the school grounds, adding to the open feel of its surroundings. The crisp white exterior with black accents creates timeless curb appeal, while the interior offers an updated, comfortable living space designed for today's lifestyle. The home underwent extensive renovations in 2022, including new HVAC, windows, plumbing, electrical, laminate flooring, exterior doors, and complete kitchen and bathroom remodels with stainless steel appliances. Additional major improvements include a new roof and gutters on both the home and garage, new garage door and opener, replacement of the sewer line from the home to the street (this is an expensive fix to not have to worry about), and a new water softener, all completed in 2022. Gutter guards were added in 2024, followed by a new water heater in 2025. Outside, the deep backyard provides plenty of room to enjoy with a paver patio, established lawn, low-maintenance perennial landscaping, and a 6-foot wood privacy fence. A car-width gate provides convenient private off-street parking in addition to the garage, not to mention the extended driveway. Electronic smart locks and the existing ADT security system remain with the home. With significant mechanical and cosmetic updates already completed, and a quiet SoBro location, this bungalow offers the character of an established home with many of the improvements today's buyers are looking for. Schedule a showing today!

4927 Caroline Avenue, Indianapolis

Listing courtesy of Highgarden Real Estate.

4 Beds ⋅ 2 Baths

1022 Villa Avenue, Indianapolis

Listing courtesy of Keller Williams Indy Metro Partners.

2 Beds ⋅ 1 Baths

Welcome home to 431 S Arlington Ave, a classic residence offering low-maintenance living in the historic Irvington area of Indianapolis! Updated tax records indicate 2 bedrooms, 1 full bathroom, and 936 square feet of functional interior living space on a 0.17-acre lot (7,362 sq ft), delivering an efficient floor plan designed for easy everyday living. Inside, bright and welcoming common areas feature a cozy main living room that flows smoothly into a practical central kitchen and dining layout. Both bedrooms provide comfortable accommodations for family, guest space, or a dedicated home office, complemented by a central full bath for daily convenience. Outside, enjoy off-street driveway parking and a spacious backyard setting-ideal for outdoor relaxation, pets, or gardening. Conveniently located in Marion County near local schools, parks, shopping, and major commuting routes

431 S Arlington Avenue, Indianapolis

Listing courtesy of Trelora Realty.

5 Beds ⋅ 3 Baths

Welcome to this roomy two-story home featuring 5 bedrooms and 2.5 baths. The main level offers a generous great room, a warm and inviting kitchen, two bedrooms, and 1.5 baths. Upstairs, you'll find three additional bedrooms, including the primary bedroom, along with a full bath. The open backyard provides plenty of outdoor space to enjoy. The home needs some repairs and updates, offering an opportunity to add your own finishing touches and make it your own.

67 N Warman Avenue, Indianapolis

Listing courtesy of Keller Williams Indy Metro Partners.

3 Beds ⋅ 1 Baths

This charming Indianapolis home is where timeless craftsmanship meets comfortable living. Beautiful stained woodwork adds warmth and character, while hardwood floors throughout the home create a cohesive and inviting feel. Thoughtful details and classic finishes give this property a distinctive sense of charm that's hard to replicate. Enjoy relaxing or entertaining on the covered front porch or enjoy your fenced in back yard from your spacious deck. A detached one-car garage provides convenient off-street parking and additional storage. Conveniently located near local amenities, dining, parks, and major thoroughfares, this home is ready for its next chapter. Come see for yourself!

1449 Fairfield Avenue, Indianapolis

Listing courtesy of Encore Sotheby's International.

Attractive Duplex in popular Meridian Kessler Neighborhood within walking distance of several popular restaurants, a coffee shop (Blue Mind Coffee) and the College Branch Library. This property features 3 bedrooms per side with updated kitchens & baths (both have dishwashers), hardwood floors, and partial clean and dry basements for storage and laundry. 3907 has a 1.5 baths and 3909 has one full bath (a half bath can easily be added since there is existing space - the two units feature a mirror image floor plan). The property has been owned by the same caring local owner since 1999 and many updates have been made over the years. Completely updated electrical wiring with new service line and meter base 2015, new windows in most of the property (except dining and living rooms). Up-dated baths with pex & copper water lines. Central HVAC systems on both sides. New Roof 2024. Covered front porches and off- street parking for up to 4 cars. All appliances stay, including washers & dryers. Purchase with confidence, extended Home Warranty included.

3907 Ruckle Street, Indianapolis

Listing courtesy of Carpenter, REALTORS®.

2 Beds ⋅ 1 Baths

Located at 312 W 31st ST in Indianapolis, IN, this single-family residence presents a compelling opportunity for the astute investor and handy homeowner. This property offers a chance to create value and realize your vision. The home includes two bedrooms, providing comfortable accommodation. The residence includes a full bathroom with a soaking tub, creating an inviting space to unwind and relax after a long day. Imagine the possibilities within the porch offers a welcoming entrance and a perfect spot to enjoy the outdoors. With 1194 square feet of living area situated on a 3615 square foot lot, this two-story home, built in 1926, is waiting to be revitalized. NO assignments or creative financing

312 W 31st Street, Indianapolis

Listing courtesy of Keller Williams Indy Metro NE.

Welcome to 1521-1523 S East Street, a beautifully reimagined duplex offering elevated design, exceptional versatility and an enviable location in the much desired Bates-Hendricks neighborhood! Thoughtfully renovated throughout, each residence features 3 spacious bedrooms and 2.5 beautifully appointed bathrooms-upstairs unit has an additional HUGE finished attic space that could be used as a 4th bedroom blending timeless character with sophisticated modern finishes. Light-filled, open-concept interiors create an inviting sense of space, while stylish kitchens showcase new appliances, custom finishes, and contemporary details designed for both everyday living and effortless entertaining. The second residence is further enhanced by a versatile loft, perfect as an executive home office, media lounge, or additional gathering space. Outside, a privacy fenced yard, two-car garage and abundant street parking add convenience rarely found this close to downtown. Ideally positioned near Fountain Square, downtown Indianapolis, dining, entertainment and major thoroughfares, this property places the best of the city within easy reach. Whether envisioned as a sophisticated owner-occupied investment, multi-generational residence, or income-producing addition to a portfolio, this exceptional turn-key duplex delivers style, flexibility and opportunity in one impressive package!

1521 S East Street, Indianapolis

Listing courtesy of JMG Indiana.

3 Beds ⋅ 2 Baths

This charming 3-bedroom, 2 bathrooms ranch home features beautiful hardwood floors throughout. Nestled in a quite, peaceful neighborhood, this home was built in 1941, offers 1,170 square feet of inviting living space with extra storage in the unfinished basement. One car attached garage. Enjoy your large fully fenced-in backyard from your patio. Roof is approximately 2 years old. Come see your new home!

6528 Hillside Avenue, Indianapolis

Listing courtesy of REMAX ONE.

2 Beds ⋅ 3 Baths

Updated, easy to love, and right in Fountain Square! This 2 bedroom, 2.5 bath home has a bright open layout with the living room, dining area and kitchen flowing together. Light oak LVP flooring runs throughout the home, giving everything a fresh and modern feel. The kitchen keeps it sleek and timeless with white cabinetry, quartz countertops, stainless steel appliances and a center island with room to pull up a seat. The tray ceiling in the living room adds a little extra character to the space. Both bedrooms have their own private ensuite bathroom! The main level bedroom features a double sink vanity and tiled shower, while the second bedroom upstairs has its own full bath. There's also a convenient half bath on the main level. Outside, you'll find a covered front porch, updated landscaping and a fully fenced backyard with a privacy fence, concrete patio and garden bed. The detached 2-car garage gives you plenty of parking and storage. Several of the big-ticket items have already been taken care of, including the roof, furnace, AC, water heater and water softener-all updated in 2022. EverDry basement waterproofing was completed in 2023 with a transferable warranty, plus a sump pump and battery backup for added peace of mind. The interior was also freshly painted in 2024. All of this just minutes from Orange Park, Fountain Square, Fletcher Place, Downtown Indy and easy highway access. Updated, low maintenance and close to everything that makes this area such a fun place to call home!

1222 Harlan Street, Indianapolis

Listing courtesy of Highgarden Real Estate.

3 Beds ⋅ 1 Baths

Welcome home to this move-in ready 3-bedroom ranch situated on a large, fenced-in lot! This home offers comfortable one-level living with a basement providing additional space for storage and hobbies.. Hardwood and luxury vinyl plank flooring run throughout the home, complemented by fresh paint for a clean, updated feel. Enjoy the convenience of a 2-car garage and relax or entertain on the covered patio overlooking the spacious fenced-in yard. Major updates include a new roof in 2022 and a new water heater in 2023. With its desirable ranch layout, generous lot, fresh interior, and recent updates, this home is ready for its next owner!

801 Eustis Drive, Indianapolis

Listing courtesy of Redfin Corporation.

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