Indianapolis Public Schools Homes with Exterior Entry Basement

Indianapolis Public Schools Homes with Exterior Entry Basement

Welcome to the vibrant community of Indianapolis, Indiana, where education meets opportunity in the heart of Marion County. One of the standout features of this region is its commitment to quality education, exemplified by the Indianapolis Public Schools (IPS) district. Known for its diverse curriculum and innovative programs, IPS serves the educational needs of a dynamic student population, ensuring that every child has the tools they need to thrive. With a focus on academic excellence, arts, and extracurricular activities, IPS is dedicated to fostering a well-rounded educational experience that prepares students for success in their future endeavors.

Now, imagine calling this educationally enriched area home, especially in properties featuring exterior entry basements. Homes with this unique architectural feature not only provide additional living space but also offer versatility for a variety of lifestyles. Whether you envision a cozy family room, a home office, or a guest suite, an exterior entry basement allows for easy access and privacy. These homes often come with charming outdoor spaces that seamlessly blend indoor and outdoor living, perfect for entertaining or enjoying quiet evenings under the stars.

Living in Indianapolis means enjoying the benefits of a thriving city while being part of a supportive community that values education and growth. With access to quality schools, beautiful homes with exterior entry basements, and a rich cultural landscape, you’ll find that Indianapolis is not just a place to live, but a place to thrive. Discover your dream home in this remarkable city, where comfort and community come together beautifully!

Newest Indianapolis Public Schools Homes with Exterior Entry Basement

$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.

$299,900
4 Beds 4 Baths
A Once-in-a-Generation Historic Restoration Opportunity in the Heart of Fountain Square! Step back in time while enjoying the peace of mind that comes with an extensive modern restoration. Built in 1890 & located just 1 block from the energy, dining, entertainment, & culture of Fountain Square, this extraordinary 3,000+SF masterpiece retains nearly every ounce of its original character. Grand curved staircase w/decorative inlays showcase the craftsmanship of a bygone era. 10-foot ceilings, incredible wdwrk, gorgeous pocket doors, solid wood doors w/transoms & orig hardware, HW floors, registers, & two magnificent antique fireplaces. The exterior has been brought back to its historic beauty with the removal of outdated vinyl siding, revealing preserved architectural details, original porch moved to front of home. Brand-New roofs on the home & garage, new siding, new concrete driveway(rare driveway in FS), and a new brick patio. Behind the walls, nearly every major system has been updated. The home features all-new rough in plumbing, new electrical with two 200-amp panels plus a sep meter & panel for the garage, two new high-efficiency HVAC systems separated for the main and upper levels, new drywall, and fresh interior paint throughout. Upstairs has been redesigned to include two primary suites w/private bathrooms. The heavy lifting has been done-now the exciting finishing touches remain. Complete the electrical trim, plumbing fixtures, kitchen, and bathrooms with with your own selections and create one of Fountain Square's most remarkable historic residences. The possibilities are endless: a stunning personal residence, a luxury short-term rental, or a showpiece property in one of Indianapolis' most sought-after neighborhoods. Homes with this level of original craftsmanship, modern infrastructure, and unmatched location rarely come available. Bring your vision, choose your finishes, and complete the next chapter of this incredible 135-year-old Indianapolis treasure.

907 Woodlawn Avenue, Indianapolis

Listing courtesy of eXp Realty, LLC.

Start Your Search

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