Indianapolis Homes with Unfinished Basement

Indianapolis Homes with Unfinished Basement

Welcome to Indianapolis, the vibrant heart of Indiana, where the charm of Midwestern hospitality meets a dynamic urban lifestyle. Nestled in Marion County, this bustling city is renowned for its rich history, diverse culture, and a thriving economy. Whether you’re a sports enthusiast, a foodie, or a lover of the arts, Indianapolis has something for everyone. Home to the iconic Indianapolis Motor Speedway and a plethora of museums, parks, and festivals, the city offers a unique blend of excitement and tranquility.

For those seeking a home in this lively city, consider the allure of properties with unfinished basements. These versatile spaces provide a blank canvas for your imagination, allowing you to create the perfect retreat tailored to your lifestyle. Whether you envision a cozy family room, a home gym, or an expansive entertainment area, an unfinished basement offers the flexibility to expand your living space without the need for a major renovation.

In addition to the potential for customization, homes with unfinished basements in Indianapolis often come with the added benefit of increased property value. As you invest in transforming these areas, you not only enhance your living experience but also make a smart financial decision for the future.

With a strong sense of community and a plethora of amenities, Indianapolis is the ideal place to plant your roots. Explore the exciting opportunities that await you in this remarkable city, and discover how a home with an unfinished basement can be the perfect foundation for your dreams. Embrace the charm of Indianapolis and start your journey today!

Newest Indianapolis Homes with Unfinished Basement

$474,900
4 Beds ⋅ 2 Baths
Located in the heart of Indianapolis's historic Butler-Tarkington neighborhood, this four-bedroom brick cottage perfectly blends classic architectural character with modern convenience. A paneled foyer opens into an inviting living room, where a paneled fireplace wall serves as a cozy focal point. The main floor features an ideal layout for entertaining, flowing seamlessly into a formal dining room perfect for dinner parties or family meals, as well as a partially updated kitchen. Two main-floor bedrooms and a full bath round out the lower level. Upstairs, you'll find two additional spacious bedrooms alongside a second full bath that was completely renovated within the past five years. The screened patio is ideal for outdoor dining. A full unfinished basement provides excellent storage or a clean canvas for future living space. Beautiful hardwood floors throughout. 2 car detached garage. All of this within walking distance to Butler University, neighborhood shops and restaurants.

5047 Graceland Avenue, Indianapolis

Listing courtesy of Encore Sotheby's International.

$324,900
3 Beds ⋅ 3 Baths
Welcome to a truly exceptional Brookside Park transformation-rebuilt from the foundation up and beautifully designed for today's lifestyle. This 3-bedroom, 2.5-bath home pairs the appeal of new construction with standout character, quality craftsmanship, and thoughtfully selected finishes at every turn. The bright, open-concept main level is made for gathering, with a designer kitchen featuring Quartz countertops, stainless-steel appliances, extensive cabinetry, decorative tile and open shelving, and an oversized center island with seating for four. The main-level primary suite offers a luxurious retreat with a glass-enclosed shower, stylish tilework, and timeless details. Raised ceilings, luxury wood-plank flooring, custom millwork, gorgeous lighting, and designer touches carry throughout the home. Step outside to enjoy a welcoming covered front porch, a large rear deck, and a privacy-fenced yard. The impressive 792-square-foot, two-story garage provides exceptional flexibility for vehicles, storage, hobbies, or a workshop. A powered roof vent helps keep the upper-level bonus space and work bays more comfortable across the seasons. No detail was overlooked: new roof, decking and rafters; new high-efficiency HVAC and ductwork; new electrical, plumbing, windows, doors, staircases, floor joists, spray-foam insulation, LP SmartSide siding, flooring, and a digital heat-pump water heater. The foundation has also been comprehensively repaired and updated. Enjoy proximity to Brookside Park's recreation, Splash Pad, trails, disc golf, ball courts, seasonal programming, and green space. Conveniently located about a block from public transit, with easy access to major roads and downtown Indianapolis. A total rebuild with the space, style, and systems Home owners want-this is one you do not want to miss.

1115 N Gale Street, Indianapolis

Listing courtesy of United Real Estate Indpls.

$69,999
2 Beds ⋅ 1 Baths
Discover a unique urban living opportunity or a great investment property at 906 Roache ST, INDIANAPOLIS, IN. This 958 square foot condominium, originally built in 1910, offers a distinctive blend of historic charm and contemporary potential across its two stories. The residence includes a living room, kitchen, dining with two bedrooms with one full bathroom that well serves this condo. Possibilities are endless here. Enjoy the outdoors from the inviting porch and there is car storage with a detached garage. This property presents an exceptional chance to create your ideal urban dwelling in a vibrant community or make a great investment. ***Extra opportunity includes the additional attached unit 906 Roache Street condominium MLS# 22116741 for the same value!!!

908 Roache Street, Indianapolis

Listing courtesy of Diverse Property Solutions Ind.

$325,000
3 Beds ⋅ 2 Baths
From the moment you pull up, the striking curb appeal and inviting front porch set the stage for what's inside. The interior is a masterclass in open concept design, but the feel of different spaces. This home features soaring 12' ceilings and oversized windows that flood the home with natural light. The heart of the home is the chef-inspired kitchen, with tons of cabinets and counter space, and a spacious island perfect for morning coffee or evening entertaining. Venture upstairs to the spacious rooms and large bathroom, then ascend to the third story to find a versatile attic space that adds a whole new dimension to the home. Whether you need tucked-away storage or envision a creative studio, home office, or a private hobby retreat, this level is ready for your ideas. Every detail has been thoughtfully curated, from the durable wide-plank flooring to the designer lighting fixtures. Outside, the backyard offers a private sanctuary with a new deck, ideal for dining under the stars. Situated in a vibrant pocket of the city, you're just moments away from the energy of downtown, local boutiques, and some of the best dining Indy has to offer. This isn't just a house; it's a lifestyle upgrade waiting for its next chapter.

317 Parkway Avenue, Indianapolis

Listing courtesy of Compass Indiana, LLC.

$590,000
5 Beds ⋅ 4 Baths
Welcome to this stunning 2022-built Fischer Home in the highly desirable Glen Ridge Estates! This beautifully designed property features a spectacular two-story family room anchored by a cozy gas-log fireplace. The gourmet kitchen is a true chef's dream, complete with a massive center island, stone countertops, a gas cooktop, built-in double ovens, a walk-in pantry, and a seamless flow into the bright breakfast room. Upstairs, you will find a convenient upper-level laundry room and four spacious bedrooms. The luxurious primary suite is a true retreat, offering a private sitting room, elegant tray ceilings, a large walk-in closet, and a spa-like ensuite bath featuring a double vanity and a full walk-in shower. Downstairs, the expansive 1,594-square-foot full unfinished basement includes roughed-in plumbing, offering a massive blank canvas ready for your custom finishing touches. Outside, enjoy relaxing on the covered patio while taking in the big, beautiful views of the backyard pond. The property also features excellent curb appeal with a brick and stone exterior and the convenience of a generous 3-car attached garage. Located in the highly sought-after Franklin Township School District, this meticulously maintained home is move-in ready. As an incredible bonus, the seller is offering a 1% concession towards a rate buydown! Schedule your showing today!

6435 Nicoson, Indianapolis

Listing courtesy of Royalty Real Estate LLC.

$164,900
3 Beds ⋅ 2 Baths
Spacious options and functional design converge at 3902 N Hartman Dr in Lawrence Township! Featuring 3 bedrooms, 2 full bathrooms, and 1,275 square feet of main-level living space (plus a full basement for expanded storage or recreation), this single-family residence is packed with potential. Inside, you will find hardwood flooring, a comfortable main living room, and a separate family room ideal for relaxation. A fully enclosed 3-season front porch offers a peaceful spot to relax year-round. Outside, the home sits on an 8,600+ sq ft lot complete with an oversized 2-car detached garage equipped with its own workshop area. With convenient access to local schools, parks, and major Indy thoroughfares!

3902 N Hartman Drive, Indianapolis

Listing courtesy of Trelora Realty.

$214,900
4 Beds ⋅ 1 Baths
Welcome to this charming property nestled in the historic and vibrant Old South Side of Indianapolis. This fully furnished, turnkey Airbnb comes with all current furniture and bookings, offering a seamless opportunity for an investor or someone seeking a stylish, income-generating property. Step inside and you'll be greeted by the timeless beauty of original hardwood floors in the bedrooms, adding warmth and character to the space. The home features a cozy layout with ample natural light and modern updates, creating the perfect balance of old-world charm and contemporary living. Enjoy outdoor living on the covered back patio, ideal for relaxation or entertaining guests. The property is fully fenced, providing privacy and security, making it a perfect place for both short-term and long-term guests. This location is a true gem, just 2 miles from Monument Circle, the heart of downtown Indianapolis, and from the lively Fountain Square area. You'll also be in the historic Bates-Hendricks neighborhood, known for its rich history and eclectic charm. A highlight of this property is its proximity to two homes featured on HGTV's Good Bones (2 Chicks and a Hammer), which aired in July 2021. With this unique connection to a popular show, the property offers both style and recognition. Whether you're looking for a prime investment property or a place to call home, 1614 S Talbott St is a must-see. Don't miss out on this incredible opportunity in one of Indianapolis' most desirable areas!

1614 S Talbott Street, Indianapolis

Listing courtesy of RE/MAX Real Estate Prof.

$110,000
2 Beds ⋅ 1 Baths
Discover an inviting single-family residence in at 430 N Oxford, INDIANAPOLIS, IN. Constructed in 1930, this charming 844 square foot home offers a unique opportunity for comfortable living on a generous 3615 square foot lot, all within a convenient single-story layout. This property features two bedrooms and one full bathroom, with laundry connections on that main designed for everyday convenience. With its practical layout and established character, this property presents a compelling prospect. We invite you to explore the possibilities this home offers.

430 N Oxford, Indianapolis

Listing courtesy of Blooming Wilderness Cedar Real Estate Brokerage LLC.

$198,900
4 Beds ⋅ 2 Baths
**Completely Renovated in 2026 - Move-In Ready!** Welcome to **610 S Arlington Ave, Indianapolis**, where classic charm meets modern living. Originally built in **1950**, this beautifully renovated **1,421 sq. ft.** single-family home has been completely remodeled from top to bottom in **2026**. Enjoy a bright, open feel with a brand-new kitchen featuring new cabinetry, countertops, fixtures, and appliances. The home also offers fully updated bathrooms with a stylish walk-in shower, spacious bedrooms, and new flooring throughout. Major updates include a **new HVAC system, new A/C unit, new water heater, new kitchen appliances, new bathrooms, updated fixtures, and numerous additional interior improvements**, providing peace of mind for years to come. Outside, you'll find a welcoming front porch perfect for relaxing mornings or evenings, along with a private backyard offering space to entertain, garden, or simply unwind. Conveniently located near shopping, dining, schools, parks, and major highways, this turnkey home is ready for its next owner. Don't miss this opportunity-schedule your private showing today!

610 S Arlington Avenue, Indianapolis

Listing courtesy of Blue Flag Realty Inc.

$405,000
3 Beds ⋅ 3 Baths
A calm, airy retreat walkable to the best of downtown Indianapolis, 223 Dickson is idyllic urban living. On the main floor, enjoy a functional floor plan including a large open-concept kitchen and dining room with oversized island, a mudroom area with quick access to main floor laundry (with utility sink!), a spacious living room with raised ceilings and ample natural light, plus a bedroom and full bath perfect for a guest wing. Upstairs, the primary ensuite boasts a double vanity and walk-in shower (renovated in 2023) as well as generous closet space. Outback, entertain friends and neighbors on the charming patio surrounded by an easy-to-maintain yard and one-car garage with parking pad. It's all steps away from the epic skyline views of Highland Park, tucked into the beloved Holy Cross neighborhood.

223 Dickson Street, Indianapolis

Listing courtesy of @properties.

$229,900
3 Beds ⋅ 2 Baths
Traditional charm just north of downtown Indianapolis, ready for its next chapter. This home, with its traditional charm, is ready for you to move in. From the moment you arrive, the massive front porch sets the tone, a great spot for relaxing in the evening or just catching the morning sunrise. This home features 3 comfortably sized bedrooms, with plenty of personal space for each person. A full bathroom and an additional half bathroom cater to both daily routines and guest convenience. The basement adds a functional laundry area while adding valuable storage or potential for future finishes. Outside, a private fenced in backyard offers a quiet escape, whether you're growing a garden, hosting a cookout, or just enjoying some fresh air. Experience the appeal of downtown living and functional design of this incredible home. Come see it today.

3366 N College Avenue, Indianapolis

Listing courtesy of Realty Wealth Advisors.

$175,000
2 Beds ⋅ 1 Baths
Welcome to this beautifully remodeled 2-bedroom, 1-bath home that perfectly combines modern updates with timeless charm! Featuring 10-foot ceilings and an open-concept layout, this home feels bright, spacious, and inviting. Enjoy waterproof luxury vinyl plank flooring throughout most of the home, new light fixtures, fresh paint, new windows, and a new front door. The stylish kitchen offers quartz countertops, new cabinetry, stainless steel appliances, a pantry closet, a breakfast bar, and a dedicated dining area. The updated bathroom includes a quartz vanity and a tub/shower combination. An unfinished basement provides excellent storage space or the opportunity to finish it for additional living area in the future. Relax on the covered front porch or the oversized covered back porch overlooking the large backyard. The front yard is fully fenced, adding charm and functionality, while the spacious backyard offers plenty of room to enjoy the outdoors. Additional improvements include new concrete siding and a roof that is only four years old. Move-in ready and thoughtfully updated, this cozy home is ready for its next owner!

910 N Olney Street, Indianapolis

Listing courtesy of Keller Williams Indy Metro Partners.

Start Your Search

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