Homes with Basements for Sale in South Side Indianapolis, IN

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ABOUT THIS HOME
Home with Basement for sale in South Side Indianapolis, IN:
Exceptional Triplex Investment Opportunity in Fountain Square! Unlock the potential of this rare multi-family gem located in the heart of highly sought-after Fountain Square-one of Indianapolis' fastest-growing and most vibrant neighborhoods. This income-producing triplex offers a solid foundation for both seasoned investors and those looking to start or expand their portfolio. Each of the three 1-bedroom, 1-bath units delivers stable rental income, generating a Gross Operating Income (GOI) of $20,400 annually. While the seller currently covers all utilities, averaging approximately $3,884/year, and standard property taxes and insurance, there's ample room to improve cash flow by passing on

$239,900

3 beds6 baths3,150 sq ft

802 Weghorst St, Indianapolis, IN 46203

Large corner lot • Strong rental upside • Multi-family gem

ABOUT THIS HOME
Home with Basement for sale in South Side Indianapolis, IN:
Rare Find in Fountain Square! This 4-bed, 2-bath ranch sits on a massive 0.34-acre double lot-nearly unheard of in this vibrant area! With almost 1,750 sq ft of living space, it offers easy, one-level living that's perfect for downsizers, first-timers, or anyone seeking charm and convenience near the heart of the action. Walk to restaurants, coffee shops, and nightlife, then come home to your gardener's paradise with room to grow, play, or simply unwind. Add your personal touches and make this your forever home in one of Indy's most exciting neighborhoods. Schedule your showing today!

$329,900

4 beds2 baths1,743 sq ft

1212 Woodlawn Ave, Indianapolis, IN 46203

Gardener's retreat • Double lot • 0.34 acre lot

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ABOUT THIS HOME
Home with Basement for sale in South Side Indianapolis, IN:
Quiet dead-end street close to shopping and bus line. Blacktop driveway with sidewalk to front porch. 3 Season sunroom with multiple sliding doors w/ screens that open up to large backyard. HUGE closet in dining room. Breakfast/office area in kitchen. Ceiling fans in all rooms but kitchen. Carpet in one bedroom and knotty pine floors in the other bedroom. Hardwoods under most carpet. Knotty pine ceilings in both bedrooms and kitchen. Dry basement with exterior door entry from backyard! 8x8 stick built mini barn. 95% fenced backyard opened only at patio side but easy to close off. Roof and water heater 2012, A/C apprx 6-8yrs, Furnace new in 2023!

$154,900

2 beds1 bath2,206 sq ft

117 S Gladstone Ave, Indianapolis, IN 46201

Blacktop driveway • Large backyard • Knotty pine floors

ABOUT THIS HOME
Home with Basement for sale in South Side Indianapolis, IN:
PRICE REDUCED on This Gorgeous 3 Bedroom Stone Ranch Situated on a Large (Over 1/2 Acre) Beautifully Landscaped Lot in a Quiet. Secluded Cul-De-Sac Setting! Basement Boasts a 30x11 Family Room! Beautiful 19x13, 3 Season Sunroom! Hardwoods Throughout! Updated Electrical! Washer and Dryer Just One Year Old! Windows (Unique Home Solutions) Have a Lifetime Warranty! No HOA!!

$229,900

3 beds1 bath2,790 sq ft

2445 S Bolton Ave, Indianapolis, IN 46203

Updated electrical • Quiet cul-de-sac • 30x11 family room

ABOUT THIS HOME
Home with Basement for sale in South Side Indianapolis, IN:
Welcome to this charming and move-in-ready home just steps away from all the restaurants, shopping, and fun on Main Street! Offering comfort and convenience, this home is full of updates you'll love: 2 cozy bedrooms with fresh paint throughout Fully fenced backyard perfect for pets, play, or gardening Detached garage + carport for extra parking and storage Freshly refinished hardwood floors add timeless character Major updates include: Roof & gutters replaced in 2024 Windows replaced in 2023 New Bluetooth bathroom exhaust fan New porch lights (front & back) Whether you're enjoying your morning coffee on the porch or strolling to your favorite l

$187,600

2 beds1 bath1,440 sq ft

51 S 5th Ave, Beech Grove, IN 46107

Carport • Windows replaced • Roof replaced

Property at 1426 Pleasant St, Indianapolis, IN 46203, 4 beds, 4.5 baths

$500,000

4 beds4.5 baths2,686 sq ft

1426 Pleasant St, Indianapolis, IN 46203

Property at 1152 Churchman Ave, Indianapolis, IN 46203, 4 beds, 1.5 baths

$249,900

4 beds1.5 baths3,498 sq ft

1152 Churchman Ave, Indianapolis, IN 46203

Property at 1846 Olive St, Indianapolis, IN 46203, 3 beds, 2 baths

$150,000

3 beds2 baths2,388 sq ft

1846 Olive St, Indianapolis, IN 46203

Property at 149 N 6th Ave, Beech Grove, IN 46107, 2 beds, 1 bath

$149,000

2 beds1 bath1,824 sq ft

149 N 6th Ave, Beech Grove, IN 46107

Property at 1005 Main St, Beech Grove, IN 46107, 4 beds, 2 baths

$325,000

4 beds2 baths2,878 sq ft

1005 Main St, Beech Grove, IN 46107

Property at 619 St Paul St, Indianapolis, IN 46203, 3 beds, 2 baths

$169,000

3 beds2 baths3,889 sq ft

619 St Paul St, Indianapolis, IN 46203

Property at 1115 Bethel Ave, Beech Grove, IN 46107, 4 beds, 1 bath

$259,900

4 beds1 bath3,384 sq ft

1115 Bethel Ave, Beech Grove, IN 46107

Property at 1305 Lexington Ave, Indianapolis, IN 46203, 2 beds, 1 bath

$225,000

2 beds1 bath1,203 sq ft

1305 Lexington Ave, Indianapolis, IN 46203

Property at 1244 S Talbott St, Indianapolis, IN 46225, 3 beds, 2 baths

$299,000

3 beds2 baths1,624 sq ft

1244 S Talbott St, Indianapolis, IN 46225

Property at 2632 Southeastern Ave, Indianapolis, IN 46201, 2 beds, 1.5 baths

$145,000

2 beds1.5 baths1,650 sq ft

2632 Southeastern Ave, Indianapolis, IN 46201

Property at 714 S Keystone Ave, Indianapolis, IN 46203, 2 beds, 1 bath

$172,900

2 beds1 bath1,223 sq ft

714 S Keystone Ave, Indianapolis, IN 46203

Property at 615 E Morris St, Indianapolis, IN 46203, 3 beds, 3 baths

$309,000

3 beds3 baths2,238 sq ft

615 E Morris St, Indianapolis, IN 46203

Property at 827 Laurel St, Indianapolis, IN 46203, 3 beds, 1 bath

$269,900

3 beds1 bath1,495 sq ft

827 Laurel St, Indianapolis, IN 46203

Property at 925 S State Ave, Indianapolis, IN 46203, 3 beds, 2.5 baths

$319,999

3 beds2.5 baths2,307 sq ft

925 S State Ave, Indianapolis, IN 46203

Property at 533 Temperance Ave, Indianapolis, IN 46203, 3 beds, 1 bath

$155,000

3 beds1 bath1,340 sq ft

533 Temperance Ave, Indianapolis, IN 46203

Property at 129 E Southern Ave, Indianapolis, IN 46225, 2 beds, 1 bath

$195,000

2 beds1 bath1,442 sq ft

129 E Southern Ave, Indianapolis, IN 46225

Property at 1413 S New Jersey St, Indianapolis, IN 46225, 2 beds, 2 baths

$225,000

2 beds2 baths1,103 sq ft

1413 S New Jersey St, Indianapolis, IN 46225

Property at 1877 Barth Ave, Indianapolis, IN 46203, 2 beds, 1 bath

$120,000

2 beds1 bath1,400 sq ft

1877 Barth Ave, Indianapolis, IN 46203

Property at 2014 Barth Ave, Indianapolis, IN 46203, 2 beds, 1.5 baths

$174,900

2 beds1.5 baths1,958 sq ft

2014 Barth Ave, Indianapolis, IN 46203

Property at 811 Iowa St, Indianapolis, IN 46203, 2 beds, 2.5 baths

$259,999

2 beds2.5 baths1,466 sq ft

811 Iowa St, Indianapolis, IN 46203

Property at 350 E Minnesota St, Indianapolis, IN 46225, 4 beds, 2.5 baths

$340,000

4 beds2.5 baths2,566 sq ft

350 E Minnesota St, Indianapolis, IN 46225

Property at 1737 Laurel St, Indianapolis, IN 46203, 2 beds, 1 bath

$165,000

2 beds1 bath1,872 sq ft

1737 Laurel St, Indianapolis, IN 46203

Property at 2165 S Meridian St S, Indianapolis, IN 46225, 3 beds, 1 bath

$89,900

3 beds1 bath2,648 sq ft

2165 S Meridian St S, Indianapolis, IN 46225

Property at 1602 S Randolph St, Indianapolis, IN 46203, 3 beds, 2 baths

$220,000

3 beds2 baths1,933 sq ft

1602 S Randolph St, Indianapolis, IN 46203

Property at 631 Prospect St, Indianapolis, IN 46203, 3 beds, 2 baths

$348,000

3 beds2 baths1,836 sq ft

631 Prospect St, Indianapolis, IN 46203

Property at 903 E Pleasant Run Parkway South Dr, Indianapolis, IN 46203, 2 beds, 1 bath

$179,900

2 beds1 bath1,428 sq ft

903 E Pleasant Run Parkway South Dr, Indianapolis, IN 46203

Property at 350 S Oakland Ave, Indianapolis, IN 46201, 2 beds, 1 bath

$169,900

2 beds1 bath1,258 sq ft

350 S Oakland Ave, Indianapolis, IN 46201

Property at 601 Cottage Ave, Indianapolis, IN 46203, 4 beds, 2 baths

$337,500

4 beds2 baths2,193 sq ft

601 Cottage Ave, Indianapolis, IN 46203

Property at 1524 S East St, Indianapolis, IN 46225, 3 beds, 2.5 baths

$304,900

3 beds2.5 baths2,016 sq ft

1524 S East St, Indianapolis, IN 46225

Property at 1626 Lexington Ave, Indianapolis, IN 46203, 3 beds, 2 baths

$379,900

3 beds2 baths2,580 sq ft

1626 Lexington Ave, Indianapolis, IN 46203

Property at 1705 E Kelly St, Indianapolis, IN 46203, 2 beds, 1 bath

$229,900

2 beds1 bath1,560 sq ft

1705 E Kelly St, Indianapolis, IN 46203

Property at 2148 Singleton St, Indianapolis, IN 46203, 2 beds, 1 bath

$84,900

2 beds1 bath1,064 sq ft

2148 Singleton St, Indianapolis, IN 46203

Property at 47 Habig Rd, Indianapolis, IN 46217, 4 beds, 2 baths

$257,000

4 beds2 baths2,745 sq ft

47 Habig Rd, Indianapolis, IN 46217

Property at 1112 Spann Ave, Indianapolis, IN 46203, 3 beds, 3.5 baths

$575,000

3 beds3.5 baths3,655 sq ft

1112 Spann Ave, Indianapolis, IN 46203

Property at 834 Weghorst St, Indianapolis, IN 46203, 3 beds, 2.5 baths

$309,000

3 beds2.5 baths1,891 sq ft

834 Weghorst St, Indianapolis, IN 46203

Property at 2134 S Delaware St, Indianapolis, IN 46225, 3 beds, 3 baths

$205,000

3 beds3 baths1,680 sq ft

2134 S Delaware St, Indianapolis, IN 46225

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Based on information submitted to the MLS GRID as of Sat Dec 20 2025. All data is obtained from various sources and may not have been verified by broker or 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.

Homes with Basements for Sale in South Side Indianapolis

There are currently 241 homes with basements for sale in South Side Indianapolis at a median listing price of $220K. Some of these homes are "Hot Homes," meaning they're likely to sell quickly. Most homes for sale in South Side Indianapolis stay on the market for 66 days and receive 1 offers. Popular neighborhoods include Lanikai Beach, Downtown Indianapolis, Fountain Square, Bates-Hendricks, and Irvington. This map is refreshed with the newest listings in South Side Indianapolis every 15 minutes.

In the past month, 111 homes have been sold in South Side Indianapolis. In addition to houses in South Side Indianapolis, there were also 6 condos, 12 townhouses, and 42 multi-family units for sale in South Side Indianapolis last month. Find your dream home in South Side Indianapolis using the tools above. Use filters to narrow your search by price, square feet, beds, and baths to find homes that fit your criteria. Our top-rated real estate agents in South Side Indianapolis are local experts and are ready to answer your questions about properties, neighborhoods, schools, and the newest listings for sale in South Side Indianapolis. If you're looking to sell your home in the South Side Indianapolis area, our listing agents can help you get the best price. Redfin is redefining real estate and the home buying process in South Side Indianapolis with industry-leading technology, full-service agents, and lower fees that provide a better value for Redfin buyers and sellers.

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