Center Homes with Walk-Out Access Basement

Center Homes with Walk-Out Access Basement

Welcome to the heart of Indiana, where the charm of the Center region awaits you! Nestled in a picturesque landscape, this area is known for its vibrant community, rich history, and a welcoming atmosphere that makes it a perfect place to call home. The Center region boasts a delightful mix of suburban tranquility and urban convenience, offering residents easy access to local amenities, parks, and recreational facilities.

One of the standout features of homes in this area is the availability of properties with walk-out access basements. Imagine stepping out from your beautifully finished basement into your backyard oasis, perfect for entertaining friends or enjoying peaceful moments with family. These homes not only provide additional living space but also enhance your lifestyle by connecting indoor and outdoor living seamlessly. Whether you envision a cozy home theater, a personal gym, or an inviting guest suite, the possibilities are endless with a walk-out basement.

The Center region is also characterized by its excellent schools, diverse dining options, and various shopping venues, making it ideal for families, professionals, and retirees alike. The warm community spirit is palpable, with numerous local events and activities that foster connections among neighbors.

Discover the unique charm of the Center region in Indiana, where homes with walk-out access basements await to elevate your living experience. Embrace the perfect blend of comfort, style, and convenience—your dream home is just around the corner!

Newest Center Homes with Walk-Out Access Basement

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..

3 Beds ⋅ 2 Baths

This property on just over 5 Acres has Country Charm, yet minutes from town adding to both privacy & convenience. This spacious, well-maintained Brick Ranch Home with Full Walkout Basement offers an abundance of space with 3 bedrooms (plus a bonus room), 2 Full Baths - both have been recently renovated. All Kitchen Appliances & 2 Exterior Storage Sheds Remain. From the moment you arrive, you'll be captivated by the beautifully manicured landscaping and welcoming exterior.

1170 W Base Road, North Vernon

Listing courtesy of CENTURY 21 Scheetz.

4 Beds ⋅ 3 Baths

Beautiful Cape Cod design home with over an acre of ground right in the heart of town. This home is busting with character, space, privacy, and convenience. Featuring a brand-new kitchen, new kitchen appliances, several updated bathrooms, oak hardwood floors around every corner, this home just can't help but show itself off. A well-lit unfinished walkout basement is perfect for storage, storm shelter, and extra space. A detached oversized two car garage can double as a workshop and yet additional storage as well. A fenced yard to the back and mature trees all around, you feel like you are in the country sitting on your own porch in town. Steps from Tripton Park, this home is ready for its next story.

209 David Drive, North Vernon

Listing courtesy of Coldwell Banker Martin Miller Lamb.

* 8 Unit Apartment Building * Fully renovated in 2021 (plumbing, electrical, kitchens, baths, roofing) and just 1 mile from IU Health's $4.3B downtown hospital campus, this 8-unit Indianapolis multifamily offers a diversified rent roll - 7 leased units plus a flexible Airbnb unit (more than 90% occupancy). TTM income of $88,720 delivers a 6.61% cap rate on NOI, backed by real owner disbursement history. Lean expenses. A rare, stabilized income property priced to perform, steps from one of the largest development projects in the city!

2442 N Illinois Street, Indianapolis

Listing courtesy of @properties.

2 Beds ⋅ 2 Baths

Great end-unit condo just out of the heart of downtown! Listed in the National Historic Registry! This historic, brick row house features two bedrooms plus a basement bonus room, living room, large dining room and an updated kitchen. All appliances are included. Kitchen flows into a dining area that could even be split into an eat-in area and an office. Mounted tv in living room stays. Fireplace is just decorative. Two nice sized bedrooms upstairs with a 2nd bathroom and stack washer/dryer. Basement room could be converted into more living space, flex space or workout area. TWO designated parking bays in underground garage with electronic code. Accessible by a nice new concrete drive. There's a door on the lower basement level that goes right into the garage. Making this a great parking location for all weather conditions. Convenient location with easy access to interstates and public transportation and is adjacent to the new multi-billion dollar IU Health Methodist Hospital expansion. Close to the Stutz Center and Downtown Canal Walk. Work or play at Lucas Oil Stadium or Gainbridge Fieldhouse? This is your place! Many other opportunities are also a short walk or bike ride. Bike lines are accessible on Illinois Street. Urban professionals will love this location as would roommates to the many downtown medical facilities or schools. Two miles from the Children's Museum.

1486 N Illinois Street, Indianapolis

Listing courtesy of PMI Indianapolis.

Don't miss this Investor opportunity! This duplex features two separate 3-bedroom, one-bathroom units, each with its own private entrance, living area, kitchen, 3 upper level bedrooms, and a full bathroom. The basement has a full bath on each side as well. This property offers a practical layout and the flexibility to rent both units, occupy one side while leasing the other, or add it to an existing rental portfolio. Property being sold As is.

3826 E Michigan Street, Indianapolis

Listing courtesy of Canon Real Estate Services LLC.

4 Beds ⋅ 3 Baths

This spacious 4 bedroom home in Lebanon is full of potential and ready for someone to make it their own! With a little TLC and your personal touches, this home could truly shine. The multi-level floor plan provides an abundance of living space with plenty of room to spread out, entertain, work from home, or create additional recreational space. Multiple fireplaces add character throughout the home, while the large enclosed second-level deck provides a great space to relax, entertain, or enjoy the outdoors. The walk-out basement adds even more usable space and possibilities. Several major improvements have already been completed within the last few years, including a newer furnace, roof, and gutters. The home is being sold As-Is, and the air conditioning system is in need of replacement. With its generous square footage, flexible layout, and so much opportunity to add value, this could be the perfect home for a buyer looking to put their own stamp on a property. Home selling UNDER assessed value! Instant equity!

1409 Helena Drive, Lebanon

Listing courtesy of eXp Realty, LLC.

4 Beds ⋅ 4 Baths

Own a piece of Indianapolis history directly across from one of the city's oldest urban bird preserves! This exceptional Tudor Revival in historic Watson Park offers 4 bedrooms, 4 baths, and approximately 4,824 sq. ft. on a beautiful 0.32-acre lot. Built in 1928, this distinctive home sits directly across from the Watson Road Bird Preserve, a four-acre natural oasis established in 1925 and part of the Indy Birding Trail. Inside, timeless craftsmanship shines through with original hardwood floors, built-ins, leaded-glass windows, crown molding, and multiple fireplaces. The spacious living room opens to a charming three-season room, while the formal dining room is ideal for entertaining. The kitchen features quartz countertops and a breakfast nook. An expansive great room offers skylights, an antique cast-iron stove, and access to the veranda and oversized patio. The spacious primary suite includes a dressing room and beautifully renovated bath. Additional bedrooms provide flexibility for guests, office space, or other needs. The finished walk-up basement adds exceptional versatility with a second kitchen, laundry area, family room, fireplace, and additional finished space-perfect for entertaining or multi-generational living. Recent updates include a NEW boiler system, NEW water heater, and NEW AC unit. Outside, enjoy the fenced backyard, mature trees, covered and open patios, and generous outdoor entertaining space. Attached 2-car garage provides convenient parking and storage. The Watson-McCord neighborhood was thoughtfully designed around natural green spaces, making this property a rare opportunity to enjoy historic architecture, protected nature, and modern updates in one unique setting. A truly special Indianapolis home that must be seen to be appreciated! Ring Camera system and parlor stove do not convey with property.

3763 Watson Road, Indianapolis

Listing courtesy of Epique Inc.

4 Beds ⋅ 2 Baths

Welcome to 3540 Adams Street! NOW FHA Eligible!!!!!! This beautifully updated 4-bedroom, 2-full-bath home offers 2,080 square feet of living space and an impressive list of recent improvements. From the moment you step inside, you'll appreciate the thoughtful updates and attention to detail throughout. The home features a brand-new roof installed in 2026, along with new energy-efficient windows throughout the home. Both bathrooms have been completely remodeled with new vanities, touch-controlled mirrors, and beautifully updated marble showers. The kitchen has also been refreshed with new cabinets, a new range hood, and updated light fixtures. Additional improvements include all-new interior doors, remote-control ceiling fans in each upstairs bedroom, new LVP flooring throughout the upstairs, and new carpet in all three upstairs bedrooms. The electrical system has been rewired and secured, providing added peace of mind for the next homeowner. The HVAC system and ductwork have been professionally cleaned and serviced, including the HVAC and AC, and the system continues to operate efficiently. A new dryer exhaust window has also been installed in the laundry area. Outside, enjoy a brand-new backyard fence, creating a great private space for entertaining, pets, or relaxing. The downstairs flooring has also received a durable Rust-Oleum floor treatment. With major updates already completed-including the roof, windows, bathrooms, kitchen improvements, electrical, flooring, and fencing-this home offers an incredible opportunity to move in and enjoy without the stress of taking on major projects. Come see all that 3540 Adams Street has to offer!

3540 Adams Street, Indianapolis

Listing courtesy of eXp Realty, LLC.

4 Beds ⋅ 2 Baths

Imagine ending your day at your own waterfront retreat! This amazing, custom-built Cape Cod home is located on a large pond, yet it is just 10 minutes from downtown, nestled in an obscure, peaceful pocket near Garfield Park. Fully remodeled and featuring 2,600 finished SF, this 4 bed, 2 bath home with a full, finished walkout basement offers the perfect blend of modern luxury & everyday escape. The home has been thoughtfully remodeled from top to bottom, along with important updates, like a new HVAC and new water heater. The stunning kitchen features quartz countertops w/ bar seating, new SS appliances, new cabinetry & an inviting breakfast nook w/ built-in seating & a table. The formal living room on the main level is airy w/ tons of natural sunlight & dramatic vaulted ceilings. You'll appreciate the neutral paint throughout and the consistent LVP flooring throughout the entire home. The spacious walkout basement feels like a cozy cabin retreat with its wood-lined walls, gas fireplace, & walk-out access to the yard, creating an inviting space for entertaining, movie nights, or simply unwinding after a long day. There is also a large rec room, two HUGE finished storage rooms w/ built-in shelving, & a bonus room w/ large closets that could be a fourth bedroom, office, playroom or gym. The private primary suite is a true sanctuary w/ a walk-in closet and an ensuite bathroom featuring a designer tiled shower & a stylish new vanity. The two additional bedrooms on the main level feature generous closets and share a tastefully renovated 2nd full bathroom. The spectacular new multi-level deck maximizes the breathtaking waterfront views & offers multiple outdoor living/entertaining areas, plus everyone can enjoy having a fully fenced, private backyard.

411 Gimber Court, Indianapolis

Listing courtesy of Highgarden Real Estate.

3 Beds ⋅ 3 Baths

This stunning 3-bedroom, 3-full-bathroom ranch with a finished basement offers the perfect blend of central convenience and peaceful retreat. Step inside to find vinyl plank flooring throughout the entire home. All Kitchen appliances plus washer/ dryer included. All windows, roof and gutters updated in 2020. Walk-out basement with full bathroom and plenty of storage space. Primary bedroom includes a walk in closet and walk in shower. Step out back to experience your own private oasis: a beautiful pond view that you can enjoy from either the freshly painted upper deck or the lower patio. Whether you're hosting a summer barbecue or sipping your morning coffee, the scenic backdrop is unmatched. Centrally located and just minutes from the new bike and walking trails, golf course, Riverside Park and Marion University. This home offers the lifestyle you've been searching for. Schedule your tour today.

3127 N White River Parkway East Drive, Indianapolis

Listing courtesy of Compass Indiana, LLC.

5 Beds ⋅ 4 Baths

Better than new and meticulously refined! This extraordinary Rockwell floorplan from the Cornerstone series of homes elevates modern living, pairing a grand, expansive design with numerous upgrades and exceptional privacy. From the moment you step inside, the home unfolds into a sun-drenched, open-concept main level designed for seamless entertaining. At the heart of the home is a culinary kitchen, boasting a massive quartz island, premium stainless steel appliances, and elegant finishes that flow effortlessly into the spacious dining and great rooms. A private study sits just off the foyer, while a secluded main-floor bedroom with a walk-in closet and full bath offers an ideal sanctuary for guests or for multi-generational living. Upstairs serves as a luxurious private retreat, anchored by the expanded primary suite. This massive sanctuary features a dedicated sitting lounge and a spa-inspired bath complete with dual vanities and a tile shower. Three additional generously sized bedrooms accompany a versatile loft, creating the perfect secondary living space alongside a convenient upper-level laundry room. Positioned on a premium, private lot that extends to a serene, natural treeline, the outdoor backdrop matches the elegance within. The massive walkout basement is already equipped with plumbing rough-ins for a future kitchen and bath, offering limitless potential to customize your dream lower level. Complete with a three-car garage, integrated smart-home security, and exclusive access to the Penrose community pool and amenities, this flawless property is a rare find. Don't wait to build; this three year old home already has the upgrades you desire! See it today!

3599 Roland Drive, Danville

Listing courtesy of Ferris Property Group.

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