Indianapolis Public Schools Homes with Partial Basement

Indianapolis Public Schools Homes with Partial Basement

**Discover the Charm of Indianapolis Public Schools and Homes with Partial Basements in Marion County**

Welcome to Indianapolis, Indiana—a vibrant city known for its rich history, diverse culture, and thriving community. At the heart of this bustling metropolis lies the esteemed Indianapolis Public Schools (IPS) district, which serves as a cornerstone for education and development in the area. With a commitment to fostering academic excellence and holistic growth, IPS offers a range of programs tailored to meet the needs of every student. From innovative STEM initiatives to arts and humanities, students are encouraged to explore their passions in a nurturing environment. The district prides itself on its dedicated educators and comprehensive support systems, making it an ideal choice for families seeking quality education for their children.

In addition to the exceptional school system, the real estate landscape in Indianapolis is equally appealing, particularly for those interested in homes with partial basements. These properties not only provide additional storage space but also offer the potential for creative use—be it a cozy den, a playroom, or a home gym. The homes in this area are often characterized by their charming architecture and spacious layouts, perfectly designed to accommodate the needs of modern families.

Living in Indianapolis means embracing a lifestyle filled with community events, parks, and recreational activities, all while enjoying the comfort of a home that suits your family’s needs. With Indianapolis Public Schools leading the way in education and a variety of homes with partial basements available, you’ll find the perfect blend of comfort, convenience, and community in this thriving city. Come explore the possibilities that await you in Indianapolis!

Newest Indianapolis Public Schools Homes with Partial Basement

$299,000
Attention investors and house hackers! 2223-2225 E Prospect St offers a rare opportunity to own a spacious, fully renovated side-by-side duplex in highly desirable Fountain Square, just minutes from Downtown Indianapolis. Both units were fully renovated in 2022 and each features 3 bedrooms, 1.5 baths, 1,362 sq ft, and a nearly identical two-story layout. The main level offers high ceilings, attractive laminate flooring, a large living room, formal dining room with half bath, and a spacious kitchen with updated cabinetry, stainless steel appliances, and laundry hookups. Upstairs are three carpeted bedrooms and a full bath, while partial unfinished basements provide additional storage. Both units have central heat and air. One side features a new 2025 furnace and 2022 AC, while the other has an approximately 10-year-old furnace and 2022 AC; both condensers are protected by metal security cages. One unit is leased through 10/31/27 at $1,250/month, currently below market rent, providing future income upside. The other is vacant, turnkey, and ready for an owner-occupant or new tenant. All utilities are separately metered and tenant-paid. With Fountain Square's long track record of redevelopment, walkability, and proximity to Downtown, restaurants, entertainment, hospitals, universities, and major employers, this is an excellent opportunity for long-, mid-, or short-term rental strategies.

2223 Prospect Street, Indianapolis

Listing courtesy of Keller Williams Indpls Metro N.

$325,000
2 Beds ⋅ 1 Baths
Tucked just south of the Forest Hills entrance, this 1927 Craftsman bungalow has the kind of charm that is hard to manufacture and easy to fall for. The exterior was freshly painted in a rich red pulled straight from the Craftsman era, and the story starts before you even reach the front door. The glass-enclosed front porch is where mornings slow down. It's the spot for your first cup of coffee while the neighborhood wakes up around you, and it works in every season. Inside, original hardwood floors and painted woodwork run throughout, and the home keeps its sense of history. The living room opens to a separate dining room with space for a full table and real conversation. The kitchen was updated with a lot of thought and a lot of character. Painted cabinets and a warm butcher block countertop set the tone, and a one-of-a-kind tile backsplash gives the room its personality. New stainless steel appliances bring it up to date, and yes, the owner even found room for a dishwasher, which anyone who knows bungalow kitchens will appreciate. Both bedrooms and the full bath are on the main level, which makes everyday living simple. Downstairs, a 25x17 unfinished bonus room that gives you a flexible space or storage space, along with the laundry area and utility sink. Out back, a patio sits under mature trees in a fully fenced yard with room to spread out, and a detached one-car garage adds storage and parking. Then there is the location, which is where this home stands apart. Sidewalks and tree-lined streets lead to the restaurants and shops along College Avenue and 54th Street. The Monon Trail is close enough to become part of your daily routine instead of an occasional outing. This pocket of the city is known for its walkability, and it doesn't take long before you're leaving the car in the garage for dinner, coffee, and weekend errands. This home kept its history intact, updated where it counts, and puts all of it within walking distance of everything worth walking to.

5607 Carrollton Avenue, Indianapolis

Listing courtesy of Highgarden Real Estate.

$120,000
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. Estate sale. Sold As-Is

5022 University Avenue, Indianapolis

Listing courtesy of eXp Realty, LLC.

$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.

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