Franklin Homes with Finished Basement

Franklin Homes with Finished Basement

Welcome to Franklin, Indiana, a charming city that beautifully blends small-town warmth with modern conveniences. Nestled just 20 miles south of Indianapolis, Franklin is known for its rich history, vibrant community, and picturesque landscapes. The city boasts a thriving downtown area filled with unique shops, delightful eateries, and cultural attractions, making it a perfect place 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 offer endless possibilities, whether you envision a cozy family room, a home office, a game zone, or even an in-law suite. With the added square footage, you can easily accommodate your lifestyle needs while enhancing your home’s value. Finished basements provide an inviting retreat from the hustle and bustle of daily life, allowing for both relaxation and entertainment.

Franklin’s neighborhoods are characterized by tree-lined streets, friendly neighbors, and a strong sense of community. The local schools are highly regarded, and numerous parks and recreational facilities are available, ensuring that outdoor enthusiasts and families have plenty of options for leisure activities.

If you’re looking for a place that offers a perfect blend of history, community spirit, and modern living, Franklin is the ideal choice. Explore the homes with finished basements that provide both comfort and functionality, and discover why so many are proud to call this delightful city home. Your dream home awaits in Franklin!

Newest Franklin Homes with Finished Basement

$549,900
5 Beds 4 Baths
Built in 2022, this 5 bedroom, 3 1/2 bath home offers a fresh, modern aesthetic and a thoughtful layout designed for ease and comfort. The main level features durable luxury vinyl wood flooring and an open-concept design that flows naturally from room to room. In the two-story living room, nearly floor-to-ceiling windows draw in tons of natural light, creating a bright and airy atmosphere. The kitchen is a standout space, equipped with a large center island, granite countertops, and staggered wood cabinetry. Stainless steel appliances, a tiled backsplash, and a spacious walk-in pantry make it as functional as it is stylish. Also on the main floor, you'll find a dedicated office and a primary suite that serves as a private retreat, complete with double vanity sinks, soaking tub, tiled shower, and an expansive walk-in closet. An open staircase leads to the upper level, which houses three additional bedrooms. For even more space, the massive finished basement is ideal for just about anything including a gym, theater or recreation area. It features a rough-in for a wet bar, providing a fantastic head start for anyone looking to create the ultimate entertainment hub or a custom lounge area. The basement is also home to the fifth bedroom perfect for your guests. Outside, the covered front porch provides a welcoming entrance, while the backyard features a large custom patio pefect for entertaining and already equipped with a dedicated gas hookup for both your grill and firepit-perfect for those evenings spent under the stars. Your four-legged friends will also love the freedom of the pre-installed invisible dog fence. A three-car attached garage offers plenty of room for vehicles and storage. This home combines high-quality finishes with a practical, inviting design.

7909 Tranquility Drive, Indianapolis

Listing courtesy of Compass Indiana, LLC.

$710,000
3 Beds 4 Baths
Nestled on 10 beautiful acres, this nearly 4,000-SF home offers the perfect blend of privacy, comfort, & outdoor recreation. Surrounded by mature trees & abundant wildlife, including deer, fox, & turkey, the property features a picturesque pond, a flowing creek, & a 1-mile mowed trail winding throughout the landscape. Inside, you'll find hardwood floors throughout much of the home, along with a spacious floor plan designed for both everyday living & entertaining. The main level features a formal dining room, breakfast room, well-appointed kitchen, & a vaulted family room with a cozy wood-burning fireplace. Just off the family room is a private office behind double doors, complete with water lines already in place for a potential wet bar. The primary suite occupies the upper level & serves as a true retreat, offering a sitting room with a gas fireplace, a spacious walk-in closet, & a luxurious en-suite bath with double vanities, a separate toilet room, jetted tub, & standalone shower. Bedrooms 2 & 3 are conveniently located on the main floor & share a handicap-accessible full bathroom. An additional half bath is located near the impressive two-story entry. The finished basement expands the living space with a second living room, full kitchen, playroom, & a bonus room currently used as a bedroom (no egress window). The utility/laundry room is also located on this level. All appliances in both kitchens, along with the washer & dryer, are included. Outside, you'll appreciate the incredible outbuilding setup consisting of three connected barns. One section is ideal for RV or boat storage and includes a wood-burning stove for heat. The 2nd section features three bays with concrete floors, electricity, & water access just outside. The 3rd section offers three additional equipment storage bays with a dirt floor. If you're searching for a private country estate with room to roam, abundant storage, & exceptional indoor & outdoor living spaces, this property is a must see!

530 E County Road 825 N, Bainbridge

Listing courtesy of Capstone Realty Group, Inc.

$430,000
3 Beds 3 Baths
Discover the rare opportunity to own a beautifully maintained ranch home in one of Indianapolis' most desirable neighborhoods where homes rarely hit the market and do not last long. Located at 4547 Hammerstone Court in Franklin Township, this spacious property offers over 3,000+ finished square feet including the finished basement, providing the perfect blend of functional living space and entertaining areas. Situated on an oversized lot with an expansive side yard, this home offers room to spread out both inside and out. Step inside to soaring cathedral and vaulted ceilings that create an open, airy atmosphere throughout the main living spaces. The updated kitchen features stainless steel appliances, stone countertops, and a peninsula ideal for gathering with family and friends. The finished basement dramatically expands the home's living space and offers endless possibilities including a recreation room, home gym, theater room, office, or guest retreat. One section of the basement is currently set up as a makeshift golf putting and driving practice area, creating a fun and unique space for golf enthusiasts. The spacious primary suite offers vaulted ceilings, double vanities, and a walk-in shower designed for comfort and relaxation. Outdoor living shines with a private patio, outdoor dining area, fire pit, and dedicated entertaining space perfect for enjoying Indiana evenings. Conveniently located near shopping, dining, interstates, downtown Indianapolis, major hospitals, and Eli Lilly, this home is ideally positioned for commuters and relocation buyers alike. With an attached garage, generous storage, oversized yard, and move-in ready condition, this Franklin Township gem delivers the lifestyle buyers are searching for. Schedule your private showing today before this opportunity is gone.

4547 Hammerstone Court, Indianapolis

Listing courtesy of Daniels Real Estate.

$774,900
5 Beds 5 Baths
You've finally found the perfect home with space, comfort, luxury and versatility for everyone! Designed with flexibility in mind, this exceptional property features a beautiful primary suite plus the possibility of a private in-law quarters on the main level! There's room for every stage of life - including spaces the kids and teens will absolutely love. Also, the finished attic retreat offers its own refrigerator, sink, walk-in closet, spacious bedroom, and full bath, to make an additional guest suite or teen hangout area. The expansive basement is equally impressive and thoughtfully designed to give everyone just the right amount of privacy. This stunning 5-bedroom brick home, located in Franklin Township's prestigious Timberlakes community, showcases elegant tray ceilings, crown molding, tile flooring, and abundant storage throughout. The gourmet kitchen is a chef's dream, featuring extra cabinetry, double ovens, granite countertops, and a large center island ideal for entertaining. Enjoy year-round relaxation in the indoor lap pool, plus the convenience of a finished 3-car garage. The gorgeous rear sunroom is filled with natural light from walls of windows and overlooks breathtaking landscaping that feels like your own private retreat. This one-of-a-kind home truly has it all. Schedule your private showing today and experience everything this incredible property has to offer!

7718 Ashtree Drive, Indianapolis

Listing courtesy of Your Realty Link, LLC.

$575,000
4 Beds 4 Baths
Welcome to this beautifully maintained 4-bedroom home in the highly desirable Glen Ridge Estates neighborhood! From the moment you arrive, you'll appreciate the outstanding curb appeal and inviting presence of this spacious home designed for both everyday living and entertaining. Buyers will appreciate the beautiful LVP flooring and the brand new carpeting, installed May 2026. Inside, the impressive two-story family room features soaring ceilings, floor to ceiling windows offering abundant natural light, designer window coverings, and a cozy fireplace that creates the perfect gathering space. The large eat-in kitchen offers a massive center island, plenty of cabinet and counter space, a bright morning room, and walls of windows that fill the home with natural light. The main level also includes a private office and additional den/flex space, providing excellent options for working from home, study areas, or quiet retreats. Upstairs, you'll find all four bedrooms, including a spacious primary suite with an enormous walk-in closet, dual vanities, relaxing garden tub, and separate shower. Convenient upstairs laundry adds to the home's thoughtful layout. The fully finished basement is an entertainer's dream featuring a large recreation area with projector screen and built-in speakers, wet bar, and a full bathroom. There is also a dedicated exercise space for fitness enthusiasts. Located in popular Franklin Township, this home offers the space, functionality, and features today's buyers are looking for. Don't miss the opportunity to make this exceptional home yours -- schedule your showing today!

6412 Tranquility Court, Indianapolis

Listing courtesy of Highgarden Real Estate.

$390,000
4 Beds 4 Baths
You do not want to miss out on this gorgeous home in the highly desirable Meadow Bend neighborhood of Franklin Township. You will feel at home the moment you arrive with the mature trees, beautiful landscaping and wrap around porch. Inside, gleaming hardwood floors lead you through the dining room to the living room that is open to the well-appointed eat-in kitchen, making hosting family and friends a breeze. Up the wide staircase, there is a loft perfect for tv watching, game playing or quiet reading. Bedrooms 2 and 3 with their shared bath take one side of the upstairs, while the large primary suite is separated by the staircase and features a large walk-in closet and newly updated ensuite with double sinks and a walk-in shower. The basement is perfect for extra storage and family fun with two rooms currently serving as offices plus one larger room and a full bathroom. The floors are heated, so even on those cold Indiana nights, you can stay warm and toasty. The backyard is large, fully fenced and comes with a storage shed, deck and swing for relaxing at the end of the night. The 3 car garage with workshop area is perfect for those that need even more storage or like to do projects. Homes don't come available in this neighborhood often, so don't miss your chance with this move in ready beauty! This well cared for home has had the following recent updates: new roof, gutters, garage doors and openers and exterior paint in 2025. New water heater and water softener in 2024. New sump pump and sewage pump in 2023.

8112 Grassy Meadow Circle, Indianapolis

Listing courtesy of Steve Lew Real Estate Group, LLC.

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