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

4 Beds ⋅ 4 Baths

Historic charm meets modern comfort, this beautifully renovated home in the Old Northside offers the best of both worlds. It blends classic architectural details with today's conveniences. The grand living room filled with natural light, original hardwood floors, custom built-ins, a beautiful fireplace (now decorative), and French doors opening onto the covered porch; enjoy your morning coffee or unwind in the evening. The beautifully updated kitchen, featuring granite countertops, tile flooring, an electric cooktop, built-in wall ovens, microwave, and a large island with place for seating. An adjacent area offers a perfect spot for casual dining. From the kitchen, step out to the fully fenced, low-maintenance backyard providing ample room for entertaining and space for pets. Connecting the kitchen to the dining room is the butler's pantry with a beverage fridge, open shelving, and more cabinetry. The spacious dining room bathed in natural light, an ideal spot for hosting. Upstairs, you'll find 4 generously sized bedrooms and 3 full baths, while the main level includes a convenient half bath. 2 bedrooms feature en-suite baths. The primary bath has dual sinks, and a spacious all-tile double-head walk-in shower designed for both comfort and easy maintenance. Each bedroom offers large closets. Conveniently located upstairs the laundry room includes stackable W/D. Located min. to downtown, this home offers exceptional walkability to Mass Ave., restaurants, sporting and entertainment venues, and shopping. Currently operating as a successful short-term rental, it is an exceptional investment opportunity with the potential for a truly turnkey purchase. Furnishings and decor are negotiable; allowing seamlessly to continue its success. Prefer to make it your own? This versatile home is equally suited as a beautiful primary residence, ready for its next chapter. There is a dual HVAC system. Roof and decking replaced in 2022. Fence 2022, Water Heater 2025.

1202 N New Jersey Street, Indianapolis

Listing courtesy of Red Door Real Estate.

3 Beds ⋅ 2 Baths

Great potential awaits with this 4 bedroom home on the Near Eastside! Quick access to downtown, recreational life, schools, and more catch the attention of those with a vision. Some features include a spacious living room, an unfinished basement, a detached garage, and a large fenced backyard. With an opportunity for updates and improvements, it's an excellent option for investors, renovators, or buyers looking to customize a home to their own style.

640 N Gray Street, Indianapolis

Listing courtesy of Keller Williams Indy Metro Partners.

3 Beds ⋅ 3 Baths

Welcome home to this cozy and beautifully maintained 3 bedroom, 2.5 bath property that perfectly balances peaceful every day life with ideal practical perks! Step inside to an inviting layout, the spacious main floor features a bright comfortable living area. Upstairs you'll find well appointed bedrooms including a primary suite with its own private bath. The real showstopper is waiting out back! Step onto the deck and take in your own secluded back yard sanctuary. The ultimate spot for morning coffee, weekend BBQ'S or unwinding after a long day surrounded by nature. The yard also features a storage shed perfect for tools, outdoor gear or extra storage needs. Conveniently located just minuted to schools, shopping and interstate, this home truly has everything you need.

6536 Woodford Lane, Indianapolis

Listing courtesy of Noel Sells Indy, LLC.

3 Beds ⋅ 2 Baths

Step into a piece of history at 3815 Tansel, a distinguished 1848 3 bedroom2 bath home. This inviting home, spanning 1750 square feet, offers a unique blend of heritage and modern comfort, ready for its next chapter. The home is loaded with major improvements including a brand-new roof and gutters, newer sewer line and high efficiency furnace. As you walk through the home you can feel the old-world charm of arched doorways and raised ceilings throughout the home. Step into the large family room complete with a masonry woodburning fireplace that anchors the room. The kitchen has updated cabinetry and a granite countertops. All kitchen appliances including washer, dryer and separate freezer are included. The home features a main level master bedroom, a large sunroom and full basement perfect for additional living space or storage. Step and enjoy the expansive .69-acre lot full of mature trees from the large deck. The home is also not in a HOA so you could store that boat or RV.

3815 Tansel, Indianapolis

Listing courtesy of REMAX ONE.

4 Beds ⋅ 4 Baths

Welcome to 8135 Sycamore Road in the heart of Williams Creek, one of Indianapolis' most sought-after neighborhoods. Situated on a beautifully landscaped .81-acre lot, this 4-bedroom, 3.5-bath home offers over 3,500 square feet of thoughtfully updated living space, combining timeless character with modern amenities. The heart of the home is the beautifully remodeled kitchen featuring custom cabinetry, a large center island, walk-in pantry, and an open flow into the vaulted family room with custom built-ins and abundant natural light. Hardwood floors run throughout the home, while fresh interior and exterior paint, updated finishes, and exceptional attention to detail make it truly move-in ready. The primary suite is a standout, featuring a beautifully renovated bath, an incredible custom walk-in closet, and a laundry room that is as functional as it is impressive with dual washer and dryer hookups and extensive custom cabinetry. A well-designed mudroom provides an additional set of washer and dryer hookups, making everyday living effortless. Outside, the private backyard offers nearly an acre of space with endless possibilities, whether you envision a pool, expanded outdoor living, or simply enjoying the mature trees and peaceful setting. In addition to the attached two-car garage, you'll find a fully finished, heated and cooled detached two-car garage with that is currently being used as a Pilates studio. Whether you need a home gym, office, art studio, workshop, or additional entertaining space, the flexibility is hard to match. Located just minutes from Meridian Hills Country Club, top-rated Washington Township schools, and some of the city's best dining and shopping, this is a rare opportunity to own a beautifully updated home in one of Indianapolis' premier neighborhoods.

8135 Sycamore Road, Indianapolis

Listing courtesy of F.C. Tucker Company.

3 Beds ⋅ 2 Baths

Incredible opportunistic investment property in the heart of Broad Ripple. This truly is an unbeatable location close to the Monon Trail and the areas finest amenities. This property is a zoned a single family residence (originally 3 bedrooms) with unfinished basement that has gone through major modifications to make it a 4-unit rental. Unit A located in the original main house consists of 3 bedrooms and 2 bathrooms. 1 bathroom is a converted closet. There is no closet in one of the bedrooms. There is no dedicated living space, just a kitchen area and some open space. Unit B (main and attic area) is 2 bedroom and 1 bath. There is a small bedroom on the main floor and stairs to an upper attic area that contains a second bedroom. There is also a kitchen area. Unit C (back of house) is a converted porch that contains an efficiency unit. Included is a living space, small kitchen, and bathroom. Unit D (basement) has a kitchen area and a bathroom. There is no egress but the unit has an area for a sleeping quarters. Property also has a large 2-car garage for tenant storage. Please read private remarks for more information.

5917 Carrollton Avenue, Indianapolis

Listing courtesy of Estansion Group by BLP.

3 Beds ⋅ 3 Baths

CHARMING COZY AND CHARACTER FILLED updated home in downtown Indianapolis, St. Clair Place. Easy access to restaurants and activities. This quaint inviting home offers open concept living as you enter the front door. This home has been renovated; providing a combination of modern and historic charm. Main level living has primary bedroom suite and en suite bath with separate tile shower and oval soaking tub. Dining area can be formal or casual with a window bench area. Kitchen quartz countertops, stainless steel farm sink, large cabinet pantry and a portable hand made concrete island. Mud room has additional storage. Main floor half bath and laundry is a bonus. Upstairs has two bedrooms, full bath and ample loft area. Outside has a privacy fence, two level wood deck, private oversized two car garage with alley entrance. Washer/dryer 2021. Water softner 2022. Privacy fence 2024. Refrigerator 2024. Tankless water heater 2026. Don't miss out on this GEM. Professional photo's can be seen on 8/4/2026

635 N Beville Avenue, Indianapolis

Listing courtesy of Go Fish Realty.

4 Beds ⋅ 3 Baths

Timeless elegance meets modern luxury in this exceptional Queen Anne Victorian, beautifully restored in the heart of the coveted Herron-Morton Place Historic District. Offering more than 4,000sf of thoughtfully designed living space, this remarkable home showcases the craftsmanship of a bygone era with the comforts today's buyers expect. A gracious covered front porch welcomes you inside, where the grand foyer and original staircase make an unforgettable first impression. Rich hardwood floors, exquisite natural woodwork, pocket doors, soaring ceilings, and beautifully preserved architectural details are found throughout. The living room features coffered ceilings and a striking corner fireplace, while the formal dining room offers exceptional flexibility. A second living room with a fireplace also provides flexibility. The chef's kitchen is both beautiful and functional, appointed with a commercial-grade six-burner Wolf range with double ovens, Sub-Zero refrigerator, wine refrigerator, generous center island, and abundant custom cabinetry. The second level offers four distinctive bedrooms, including a fabulous primary suite. From a charming balcony over he front porch to a bedroom with a fireplace and another featuring tin ceilings and walls of windows, each space has its own unique personality. Both renovated full baths feature separate soaking tubs and walk-in showers. The finished third floor adds more than 800 square feet of flexible living space, complete with a wet bar and custom built-ins-perfect as a family room, home office, playroom, or guest retreat. Outside, the private, fenced backyard is designed for both relaxation and entertaining with a covered rear porch, mature landscaping, raised garden beds, and a play area. A true rarity, the three-car detached garage is complemented by a carriage house studio apartment featuring soaring ceilings, a full kitchen, full bath, and laundry hookups, ideal for guests, multigenerational living, or rental income.

1642 N Alabama Street, Indianapolis

Listing courtesy of F.C. Tucker Company.

Incredible opportunity on this multi-family property in Crown Hill neighborhood. Bungalow duplex in burgeoning area. Located near transportation, schools, parks, and more. Situated on wooded lot with privacy. Covered front porch. Unfinished basements with plenty of storage. Needs repairs throughout. Fair amount of fire damage throughout. Priced to sell with plenty of upside. This is a must see!

714 Congress Avenue, Indianapolis

Listing courtesy of Keller Williams Indy Metro Partners.

2 Beds ⋅ 2 Baths

Welcome home to 1124 Evison Street - a quiet, tucked-away block in the heart of Fountain Square, one of Indianapolis' most sought-after neighborhoods. This 2-bedroom, 2 bath home has been genuinely cared for, and it shows. New roof, new water heater, and meticulous upkeep throughout mean nothing is waiting for you but the fun part. It's an easy home to own, too simple to maintain and easy to lock behind you when you travel. The closed-in covered patio/sunroom may become your favorite room: morning coffee, rainy afternoons, dinner with friends, all year long. Just beyond it, the fully fenced backyard offers complete privacy your own quiet retreat in the middle of the city, And the rare 4-car garage is pure opportunity premium parking, a workshop, a studio, or the potential to convert into an accessory dwelling unit for guests, extended family, or rental income. Buyer to verify zoning and permitting with the City of Indianapolis DMD. Step outside and everything is walkable. Morning walks on the Pleasant Run trail, coffee and brunch on Virginia Avenue, shops, galleries, and live music throughout the Fountain Square Cultural District. Garfield Park and its conservatory gardens are minutes away, downtown is under two miles, and quick I-65/I-70 access puts the rest of the city within easy reach. Warm, well kept, and hard to replicate. Come see it we think you'll want to stay.

1124 Evison Street, Indianapolis

Listing courtesy of RE/MAX Advanced Realty.

3 Beds ⋅ 2 Baths

CALLING ALL FLIPPERS! $250K ARV! SOLID MECHANICALS! Check out this incredible as-is opportunity on the near south side - just blocks from Garfield Park and under a mile from the restaurants, coffee shops, and nightlife of Fountain Square, including HI-FI Indy, Helm Coffee, and Bovaconti Coffee! This 3-bedroom, 2-bathroom home is a prior renovation that was started but never completed, giving the next owner a head start and a clear path to finish the home to their own taste, budget, and exit strategy. A recent trash-out and fresh landscaping have the property clean and easy to walk. Priced well below the neighborhood's renovated comps at $179,900, the numbers leave real room for a rehabber, house hacker, or sweat-equity buyer to build value fast in one of Indy's fastest-appreciating pockets. Sold strictly as-is - seller will make no repairs. Enjoy Ringgold Park just 0.4 miles away, Garfield Park's 136 acres, pools, and conservatory 0.6 miles away, and quick access to downtown Indianapolis. Opportunities at this price point in this location don't last - bring your vision and schedule your showing today!

1849 Applegate Street, Indianapolis

Listing courtesy of @properties.

3 Beds ⋅ 1 Baths

Welcome to 3305 N Keystone! The updated kitchen and bathroom make this home move in ready! Two main floor bedrooms plus a loft and third bedroom upstairs offer flexible living arrangements, and the unfinished basement is ready for your personal touch. Whether that's extra storage, a home gym, or future finished space. Major mechanicals are already done for you: in 2023, the home received a new roof on both the house and the detached 2-car garage, along with a new furnace and water heater. Nestled just North East of Downtown Indianapolis, you're just 5 minutes from I-70, 11 minutes to downtown, and 20 minutes to Indianapolis International Airport. George Washington Park, Broad Ripple, and convenient shopping and dining are all close by.

3305 N Keystone Avenue, Indianapolis

Listing courtesy of eXp Realty, LLC.

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