Franklin Homes with Finished Basement

Welcome to Franklin, Indiana – a charming city that beautifully blends small-town warmth with modern conveniences. Nestled just south of Indianapolis, Franklin boasts a rich history, vibrant community spirit, and stunning natural landscapes. With its tree-lined streets, friendly neighborhoods, and a thriving downtown area filled with shops, restaurants, and cultural attractions, Franklin offers a delightful living experience for families, young professionals, and retirees alike.

One of the standout features of homes in Franklin is the availability of properties with finished basements. These versatile spaces provide homeowners with endless possibilities – whether you envision a cozy family room, a home office, a fitness area, or even a guest suite, the potential is limited only by your imagination. Finished basements not only enhance your living space but can also significantly increase the value of your home, making them a sought-after feature in this picturesque region.

Franklin is also known for its excellent schools, beautiful parks, and community events that foster a sense of belonging. With easy access to major highways, commuting to Indianapolis or other nearby cities is a breeze, allowing you to enjoy the best of both worlds – the tranquility of suburban life and the excitement of urban amenities.

Whether you’re looking to buy your first home, upgrade to a larger space, or find a serene place to retire, Franklin, IN, with its homes featuring finished basements, is the perfect place to call home. Embrace the charm of this wonderful community and discover the lifestyle you’ve always dreamed of!

Newest Franklin Homes with Finished Basement

$499,000

5 Beds ⋅ 4 Baths

Room for Everyone. Space for Everything. This Fischer Homes Grandin floor plan in Franklin Township offers over 4,100 square feet of finished living space, 5 bedrooms, 4 full bathrooms, and a setting that's hard to find at this price. Completed in early 2020, this home has been well maintained and features several upgrades added since construction. The centerpiece is the two-story great room with its floor-to-ceiling stone fireplace and impressive wall of windows overlooking the pond and wooded area beyond. Remote-controlled shades make managing all that natural light easy. The open kitchen features granite countertops, stainless steel appliances, a large island, and plenty of room to gather. Just off the kitchen, a main-floor guest suite has direct access to a full bathroom that also opens to the hallway, offering flexibility for guests or extended stays. Upstairs, you'll find the primary suite and additional bedrooms with walk in closets. The finished daylight basement provides even more room to relax, entertain, or spread out, along with a full bathroom, an egress window offering the potential for a sixth bedroom, and an unusually large amount of unfinished storage space. Outside, the owners have added a deck and patio overlooking the pond, with a wooded backdrop that makes the view even better. The three-bay garage is another standout, featuring an epoxy-coated floor, an upgraded ultra-quiet door opener, and two windows that bring in plenty of natural light. A laundry room utility sink and neighborhood amenities including a pool and walking trails round out the package. With this much finished space, a pond view, and improvements already completed, there's a lot here that would be difficult to duplicate in a new build at $499,000. (Some rooms have been virtually staged)

9855 Deep Royal Way, Indianapolis

Listing courtesy of Mark Gill. Berkshire Hathaway Home

$379,900

4 Beds ⋅ 3 Baths

Nicely updated ranch with vaulted ceilings, a full, finished basement, a 3-car attached garage, and a large fenced backyard. With 3,250 sqft, this spacious home has room for everyone: 4 bedrooms + an office, 3 full bathrooms, a 16x19 mainfloor family room, a 16x28 basement rec room, and a 12x28 home gym! The primary suite includes a walk-in closet, double-sinks in a quartz vanity top, a custom-tiled walk-in shower with a waterfall showerhead, and a separate soaking tub. Open-concept dining and living area on the main floor with a wood-burning fireplace. All new windows! Updated hardwood and LVP flooring, granite counterrtops in the kitchen, and a tankless water heater. The sun-filled home office looks out at the big backyard that is fully-fenced and includes a concrete patio and storage shed. The concrete driveway is 3-cars wide and provides plenty of extra parking. The 10x16 basement bonus room is ideal for storage and as a tornado shelter. Located on a 1/3 acre lot in a quiet residential neighborhood on the south side of Franklin walking distance to Blue Heron Park, people trails, amphitheater, & downtown. All kitchen and laundry appliances plus the water softener remain with the home.

783 N Shore Boulevard, Franklin

Listing courtesy of Sarah Sanders. 1 Percent Lists Indiana Real Estate

$499,900

4 Beds ⋅ 3 Baths

"Move-in ready and fully remodeled from top to bottom, this 4,200 sq ft Franklin Township home has been finished with quality you will notice the moment you walk in. The redesigned kitchen features stunning new cabinetry and finishes, flowing into living spaces anchored by a new electric fireplace with a custom wood wall surround. A private office/den with custom wall framing makes working from home easy. Upstairs, the primary suite is a showstopper: a spa-like bath with a soaking tub, a huge walk-in shower, a double vanity, and a spacious walk-in closet. The fully finished basement adds even more room to live and play, plus a dedicated space with its own door off the utility room that's ready for an additional bathroom, giving you an easy path to a 4 bed / 4 bath layout. The enclosed patio overlooks a fully fenced backyard. Every major system has been upgraded: tankless water heater, sump pump with battery backup, Kinetico water softener with reverse osmosis, and a central vacuum system. All the work is done, so just unpack and enjoy. Located in Franklin Township Community Schools, homes like this rarely come along. Don't miss out!"

7649 Ockley, Indianapolis

Listing courtesy of Justin Madren. @properties

$1,100,000

6 Beds ⋅ 5 Baths

Welcome to your private, gated 10-acre country estate located just south of historic downtown Franklin. This exceptional property features a grand two-story home with a fully finished basement, offering six spacious bedrooms and over 5,000 square feet of versatile living space perfect for large-scale entertaining. The kitchen looks out over beautiful views with center island, wine storage and custom walk in pantry. The living room boasts an impressive two story wood burning fireplace with built-ins and cathedral ceilings. Primary suite includes a gorgeous tray ceiling, huge walk-in closet, Garden tub, walk-in shower, double vanities as well as a sitting room and balcony. You will love the finished basement with game/theatre room, 2nd laundry, full bath and 2 bedrooms perfect for guests. The secure, gated entrance opens up to a premier outdoor oasis highlighted by a pristine 16x40 inground swimming pool, pergola, hot tub and expansive patio area. Complete with an outbuilding with electric, heat and AC, perfect for equipment storage or workshop needs, this stunning acreage provides the perfect blend of secluded country freedom and convenient access to the highly desirable downtown Franklin dining and shopping. This home is full of modern updates including a NEW Roof, New AC, Fresh interiors spaces, updated kitchen and bathrooms, new exterior paint, landscaping, lighting and so much more...

1307 E 125 S, Franklin

Listing courtesy of Merissa Houston. Keller Williams Indy Metro Partners

$429,900

6 Beds ⋅ 4 Baths

Welcome home to this spacious 6-bed, plus main floor den, 3.5-bath brick-front home on a desirable cul-de-sac lot walking distance to the neighborhood pool in Franklin Township at the convenient 5 Points, County Line, Stop 11 corridor. An exceptional layout offers flexibility and value with 9' ceilings main floor, 4 spacious bedrooms upstairs with walk-in closets, main-level flex room (den, library, craft room), finished basement retreat with large living room space, 2 spacious bedrooms, full bath, and kitchen/bar. Enjoy three-level zoned HVAC, with separate thermostats on each floor. Updated kitchen, baths, flooring, exterior/interior paint, fencing, landscaping, irrigation, and impeccably maintained. All baths tile floors and solid surface countertops. Kitchen with 42" white cabinetry with crown molding, granite, stainless appliances, gas cooktop. Fresh 2026 interior paint throughout walls and cabinets, stylish matte-black hardware. Vaulted primary suite, tiled bath floor and shower with glass door. Outside, relax in the fenced backyard with whole-yard irrigation, landscaping on all four sides, raised garden planters, mini barn, and patio with natural-gas Weber grill. 2025 fence stained, home exterior and shed painted. Insulated 2-car garage with 4-foot bump-out, complemented by concrete drive and walkway in like-new condition. New water heater 2026, stainless kitchen appliances and washer/dryer 2021, upstairs carpet 2019, roof 2014, HVAC 2014; serviced spring and fall, and windows 2010/2015. Short drive to parks and recreation, shopping and everyday conveniences, dining, hospitals, highways. Space, updates, and convenience await.

8534 Rapp Drive, Indianapolis

Listing courtesy of Brittany Woods. Brittany Woods at M.S.WOODS

$620,000

4 Beds ⋅ 3 Baths

A newly finished walkout basement and newly completed deck make this 4-bedroom ranch an exceptional home for entertaining! Gather around the lower-level wet bar, enjoy cozy movie nights, or take the celebration outdoors with peaceful views of a winding creek and neighborhood pond. Inside, natural light fills the open floor plan, connecting the spacious living area to a beautifully appointed kitchen featuring a large island, granite countertops, stainless steel appliances, and a classic subway tile backsplash. The primary suite offers a relaxing retreat with an expansive walk-in shower. From morning coffee overlooking the creek to evenings hosting friends, this home blends inviting indoor spaces with outdoor living. With no HOA and convenient access to downtown, enjoy comfort, flexibility, and a scenic setting SPECIAL FINANCING: This property comes with a 2/1 temporary rate buydown, reducing the buyer's interest rate by 2% the first year of their loan and 1% the second year. Buyer is not obligated to use Audrey McClelland with CrossCountry Mortgage to have offer accepted; however, must use Audrey McClelland to receive the rate buydown. Team Kuchik can close within 14 days. Audrey McClelland NLMS 2307759.

6413 Bastani Place, Indianapolis

Listing courtesy of Noelle Hans-Daniels. The Agency Indy

$595,000

4 Beds ⋅ 5 Baths

$15,000 from the seller. 5.5% interest rate year one, 6.5% interest rate year two. TWO YEARS OF LOWER PAYMENTS. ONE DEADLINE. This 2/1 buy down saves $9,513 in year one and $4,858 in year two for a buyer who goes UNDER CONTRACT BY NOVEMBER 8TH. Meet the most efficient floor plan you'll ever walk through. The open concept main level flows easily, and upstairs you'll find four bedrooms, including a guest suite with its own en suite bath, for a total of three full bathrooms on the second floor. Not only that, but a 19x15 loft and laundry right where you need it, upstairs with the bedrooms. The primary suite is generous in every way, finished with a spa like bath that feels like a retreat at the end of the day. Downstairs, the wide-open 33x17 basement living room gives you room to spread out, and a full bathroom makes it perfect for guests, movie nights, and large gatherings. The finishes are what set this one apart. Custom molding, board and batten, and wallpaper throughout, paired with Graber woven wood roman shades and Two Pages curtains. It's a designer's dream, already done. Everyday living is just as thoughtful: a mudroom with a built in bench and a pantry so big you'll never run out of space. Out back, the freshly re-stained deck overlooks a spacious yard that backs to a tree line, ready for cozy fall nights. Completely move in ready, no projects required. Homes like this don't come along often!!

8652 Ironhill, Indianapolis

Listing courtesy of Rachel Patterson. CENTURY 21 Scheetz

$224,900

4 Beds ⋅ 2 Baths

Move-in ready 4 bedroom, 2 full bath home on a quiet cul-de-sac in Franklin's Lochry subdivision. This recently refreshed bi-level features a newer HVAC, original hardwood floors in the upper-level living area and a large eat-in kitchen with tile flooring, fresh white cabinetry, tile backsplash, and stainless steel appliances included. Upstairs offers an expansive primary bedroom with new carpet, a second bedroom, and a full bath with tile shower. The lower level has its own exterior access and adds brand new luxury vinyl plank flooring, fresh paint, two additional bedrooms, a second full bath with step-in shower, and a large laundry room with tile floors and front-load washer and dryer included. Outside, a rear deck overlooks the expansive, fully fenced backyard, ideal for entertaining and pets. A long driveway leads to the detached 2-car garage with a brand new door, and a gate lets you secure vehicles behind the fence. Come check out this great home with plenty of room for everyone!

136 Washington Street, Franklin

Listing courtesy of Christopher Ripperger. Ever Real Estate, LLC

$635,000

6 Beds ⋅ 5 Baths

Presenting 7522 Timberfield LN, INDIANAPOLIS, IN, USA - a distinguished single-family residence constructed in 2014, offering 3534 square feet of meticulously maintained living space in great condition. This attractive property embodies a traditional architectural style, providing a sophisticated backdrop for contemporary living. The heart of this home is an open-plan kitchen, seamlessly integrated with the living room. It features high-quality stainless steel appliances, elegant stone counters, and a functional island, creating an ideal environment for culinary exploration and social gatherings. Adjacent to this, the living room impresses with a welcoming fireplace, soaring high ceilings, and rich hardwood flooring, establishing an atmosphere of refined comfort. Among its four full and one half bathrooms, a notable feature is a walk-in shower, offering both convenience and a touch of modern design. This property, spanning 2.5 stories, includes a built-in garage for practical vehicle storage and direct home access. With six bedrooms, this residence offers ample private accommodations. We invite you to discover the refined living experience this property offers. It also features finished basement, providing additional living space.

7522 Timberfield Lane, Indianapolis

Listing courtesy of Harjot Suri. Midland Realty Group, Inc.

$389,499

4 Beds ⋅ 4 Baths

Big home with plenty of space for a growing family-or anyone who wants room to spread out! The newly finished basement features a full bath and egress window, while the HUGE upstairs loft/bonus room offers endless possibilities for a playroom, office, entertainment space, or whatever fits your needs. All bedrooms feature walk-in closets. The large eat-in kitchen provides plenty of space for everyday meals, plus there's a formal dining room for entertaining. Step outside to enjoy the spacious deck, basketball court, fully fenced backyard, and mature trees. The 2-car garage includes an additional extension for extra storage. Newer roof and HVAC add peace of mind. A home with the space, features, and flexibility you've been looking for!

6430 Bonneville Drive, Indianapolis

Listing courtesy of Van Thawng. eXp Realty, LLC

$515,000

5 Beds ⋅ 4 Baths

Seller is willing to pay for a buydown with a reasonable offer. Reach out if you have any questions or want more info!!! Don't miss this one! Offering over 3000 square feet of meticulously designed space. This attractive property presents an exceptional opportunity for those seeking comfort and style. The kitchen is a dream, featuring an induction cooktop, double oven, and a convenient island, perfect for both everyday meals and entertaining. The living room provides a welcoming atmosphere, centered around a cozy fireplace, ideal for relaxation and gatherings. The primary bathroom includes a double vanity and a spacious walk-in shower, offering a spa-like experience. The primary bedroom does not disappoint either designed for comfort and privacy. The basement is the perfect space to get away with a cozy spot to relax or unwind at the bar. If that is not enough sneak away to the large loft. The 3-car garage did not skimp on anything either it is completely finished with heat. Beyond the interiors, the property extends its appeal with a fenced in yard, covered deck and pond view. Enjoy outdoor moments on the covered deck, a perfect spot for unwinding. Then there is the neighborhood with a pool, playground and lovely wooded trails connecting you to Wolf Run Park. This one truly has it all!!!

4524 Goose Rock Drive, Indianapolis

Listing courtesy of Natalie Lyons. @properties

$4,689,000

5 Beds ⋅ 7 Baths

Behind the private gates of an intimate five-estate cul-de-sac, this exceptional 3.06-acre property was designed and built as the personal residence of the builder and owner of Trademark Custom Homes. The all-brick custom ranch offers 7,268 SF of finished living space with 5 bedrooms, 5 full and 2 half baths, surrounded by mature trees and privacy. Expansive windows fill the home with natural light. The great room features a floor-to-ceiling ledger-stone fireplace and opens to a kitchen with custom Amish cabinetry, quartzite surfaces and an impressive 11' x 5' island. The primary suite features a cathedral ceiling, fireplace, spa-inspired bath, custom closet and dedicated laundry. The finished walk-out level offers a full bar, theater, game area, fireplace and three bedrooms. A defining feature of this estate is nearly 5,000 SF of conditioned garage space. The 3,842 SF attached private motor gallery accommodates 8+ vehicles and features a 50' x 20' RV bay with 16' ceiling and 14' door, five designer overhead doors, epoxy floors, commercial drains, hot/cold power washing, compressed air, full kitchen and bath, fireplace, EV and RV charging and zero-step entry to the residence. A separate 24' x 48' climate-controlled garage provides additional collector, recreational or workshop space. Outside, an 18' x 40' saltwater pool anchors a private resort setting with extensive hardscape, professional landscaping, screened outdoor living room with fireplace and grilling area, gazebo and fire pit. Private yet minutes from downtown Indianapolis, the airport and I-65.

6902 Highland Ridge Court, Indianapolis

Listing courtesy of Mark Simion. Simion Real Estate

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Listings courtesy of MIBOR Broker Listing Cooperative as distributed by MLS GRID.

Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker of MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some listings have been excluded from this website.

Franklin Homes with Finished Basement

Newest Franklin Homes with Finished Basement

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