Indianapolis Homes with Daylight Basement

Indianapolis Homes with Daylight Basement

Welcome to Indianapolis, Indiana—where vibrant city life meets Midwestern charm! As the state capital and a bustling hub of culture, Indianapolis offers a unique blend of history, innovation, and community spirit. Known for its iconic landmarks like the Indianapolis Motor Speedway and the picturesque White River State Park, the city is a haven for sports enthusiasts, art lovers, and foodies alike. With a rich tapestry of neighborhoods, each with its own character, there’s a perfect nook for everyone in this thriving metropolis.

One of the standout features of homes in Indianapolis is the presence of daylight basements. These beautifully designed spaces not only enhance the aesthetic appeal of a home but also provide versatile living options. Imagine waking up to natural light streaming in, illuminating your spacious basement that can serve as a cozy family room, a home office, or even a guest suite. Daylight basements offer the opportunity to enjoy the outdoors from the comfort of your home, making them a sought-after feature for buyers looking to maximize their living space.

Nestled in Marion County, Indianapolis boasts a strong sense of community and a plethora of amenities. Whether you’re taking leisurely strolls through historic neighborhoods or indulging in the culinary delights of local restaurants, you’ll find that Indianapolis is a city that truly feels like home. With its diverse real estate options, including homes with daylight basements, there’s no better time to explore what this vibrant city has to offer. Come discover your dream home in Indianapolis today!

Newest Indianapolis Homes with Daylight 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..

$280,000
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.

$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.

$450,000
4 Beds 4 Baths
Set on the highest point in Moss Creek, at the end of a quiet cul-de-sac on the less-traveled side of Little Buck Creek, this .604-acre lot delivers a level of privacy rarely found this close to the city. A 15-foot wooded berm - with a hidden 8-foot fence running along the top - shields the backyard from every angle, and with no rear neighbors, the space is a true blank canvas: room for a full-size tennis court, pool potential, or simply open lawn beneath 36 mature trees from the original farm tree-line. A brick patio with established gardens and a playground-quality basketball goal are already in place and ready to enjoy. Built in 1994 and thoughtfully designed by the original owner, this all-brick, two-story Kentucky Federal-style home offers 2,934 finished square feet of custom architectural detail rarely seen in newer construction: a hip roof, dentil molding beneath the cornice, quoined corners, horizontal brick banding, and an arched brick entry with fanlight and sidelights. Kentucky stacked-stone border walls complete the exterior's timeless character. Inside, 9-foot ceilings and a two-story entry accented in red oak hardwood create an immediate sense of scale, while crown molding carries throughout the home. The wood-burning fireplace with gas starter is finished in matching exterior brick and dentil molding for a seamless architectural through-line. Built-in bookcases offer display and storage for several hundred volumes, and the lower-level TV room/office/4th bed potential includes a dedicated emergency exit. The home offers 4 bedrooms, 2 full baths, and 2 half baths, with an updated kitchen and appliances and updated master and children's bathrooms. An additional 500+ SF attic space above garage for additional storage. Zoned for excellent public and private schools within a mile, and minutes from I-65 and the Southport exit - just 9 miles to downtown Indianapolis, with Target, Home Depot, and Kohl's all close by.

4731 Moss Lane, Indianapolis

Listing courtesy of Real Broker, LLC.

Start Your Search

Information Deemed Reliable But Not Guaranteed. © 2026 MIBOR Broker Listing Cooperative