Ready now! Discover this exceptional new-construction villa home at 10609 Mangrove Drive in Indianapolis. This thoughtfully designed ranch villa offers an abundance of comfortable living space. Highlights include 3 bedrooms, 2.5 bathrooms, an open-concept living space, an electric fireplace, an extended veranda, a 2-car garage, and more! This well-appointed home features an open-concept living space that seamlessly connects the kitchen, dining, and living areas, creating an ideal environment for both everyday living and entertaining. The thoughtful floorplan maximizes functionality while maintaining a sense of spaciousness throughout. The neighborhood offers excellent proximity to parks, providing convenient access to outdoor recreation and green spaces. The quality of design is evident throughout this home, showcasing attention to detail and superior craftsmanship. This new construction villa home presents an opportunity to be the first owner of a carefully crafted residence in a desirable Indianapolis neighborhood. With its practical floorplan and quality construction, this home offers both comfort and value!
Active
Special offer
$288,990
10609 Mangrove Dr, Indianapolis, IN 46239
2beds
1,628sqft
Est.:
Residential, Single Family Residence
Built in 2026
9,147.6 Square Feet Lot
$-- Zestimate®
$178/sqft
$155/mo HOA
What's special
Electric fireplaceThoughtful floorplan maximizes functionalityOpen-concept living spaceSense of spaciousness throughoutExtended verandaPractical floorplan
- 61 days |
- 99 |
- 2 |
Zillow last checked: 7 hours ago
Listing updated: March 24, 2026 at 01:48pm
Listing Provided by:
Jennifer Mencias 630-800-8371,
M/I Homes of Indiana, L.P.
Source: MIBOR as distributed by MLS GRID,MLS#: 22082180
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 3
- Full bathrooms: 2
- 1/2 bathrooms: 1
- Main level bathrooms: 3
- Main level bedrooms: 2
Primary bedroom
- Level: Main
- Area: 204 Square Feet
- Dimensions: 12 x 17
Bedroom 2
- Level: Main
- Area: 120 Square Feet
- Dimensions: 10 x 12
Breakfast room
- Level: Main
- Area: 100 Square Feet
- Dimensions: 10 x 10
Family room
- Level: Main
- Area: 266 Square Feet
- Dimensions: 14 x 19
Kitchen
- Level: Main
- Area: 112 Square Feet
- Dimensions: 8 x 14
Laundry
- Level: Main
- Area: 36 Square Feet
- Dimensions: 6 x 6
Heating
- Forced Air
Cooling
- Central Air
Appliances
- Included: Dishwasher, Electric Water Heater, Disposal, Microwave, Gas Oven
- Laundry: Main Level
Features
- Attic Access, Double Vanity, Breakfast Bar, Kitchen Island, Pantry, Smart Thermostat, Walk-In Closet(s)
- Has basement: No
- Attic: Access Only
- Number of fireplaces: 1
- Fireplace features: Electric, Family Room
Interior area
- Total structure area: 1,628
- Total interior livable area: 1,628 sqft
Property
Parking
- Total spaces: 2
- Parking features: Attached, Garage Door Opener
- Attached garage spaces: 2
- Details: Garage Parking Other(Garage Door Opener)
Features
- Levels: One
- Stories: 1
- Patio & porch: Covered
- Exterior features: Lighting
- Has view: Yes
- View description: Trees/Woods
Lot
- Size: 9,147.6 Square Feet
- Features: Irregular Lot, Sidewalks
Details
- Parcel number: 491604110005083300
- Horse amenities: None
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Other
- Property subtype: Residential, Single Family Residence
- Attached to another structure: Yes
Materials
- Stone, Vinyl Siding
- Foundation: Slab
Condition
- New Construction
- New construction: Yes
- Year built: 2026
Details
- Builder name: M/I Homes
Utilities & green energy
- Water: Public
- Utilities for property: Electricity Connected, Sewer Connected, Water Connected
Community & HOA
Community
- Features: Low Maintenance Lifestyle
- Subdivision: Sagebrook West
HOA
- Has HOA: Yes
- Amenities included: Maintenance, Playground, Pool, Trail(s)
- Services included: Association Home Owners
- HOA fee: $155 monthly
- HOA phone: 317-253-1401
Location
- Region: Indianapolis
Financial & listing details
- Price per square foot: $178/sqft
- Tax assessed value: $500
- Annual tax amount: $7
- Date on market: 1/30/2026
- Cumulative days on market: 63 days
- Electric utility on property: Yes
About the community
PlaygroundTrails
Sagebrook West in southeast Indianapolis offers new single-family homes and low-maintenance ranch villas in a peaceful Franklin Township setting. Surrounded by wooded and pond-view homesites, the community provides a quiet atmosphere with quick access to major routes and Downtown Indianapolis.Homes feature thoughtful, modern designs suited for a range of lifestyles, from spacious two-story plans to easy-living villas with outdoor spaces and included exterior maintenance. Walking trails, a playground, pond views, and a picnic shelter create inviting places to relax and connect close to home.Located within the Franklin Township Community School Corporation, the neighborhood offers families access to highly regarded schools. With nearby parks, golf, dining, and entertainment, Sagebrook West blends natural beauty, convenience, and a comfortable everyday lifestyle.
10715 Mangrove Drive, Indianapolis, IN 46239
Good Friends Make Great Neighbors
Do you love your M/I Home? Share the experience with friends and family - invite them to become your neighbors and enjoy a special "thank you" from us when they purchase.Source: M/I Homes
19 homes in this community
Available homes
| Listing | Price | Bed / bath | Status |
|---|---|---|---|
Current home: 10609 Mangrove Dr | $288,990 | 2 bed / 3 bath | Available |
| 5504 Aspen Wood Ln | $297,990 | 2 bed / 2 bath | Move-in ready |
| 10714 Mangrove Dr | $259,990 | 2 bed / 2 bath | Available |
| 10611 Mangrove Dr | $264,990 | 2 bed / 2 bath | Available |
| 10619 Mangrove Dr | $264,990 | 2 bed / 2 bath | Available |
| 10623 Mangrove Dr | $279,990 | 3 bed / 2 bath | Available |
| 10617 Mangrove Dr | $288,990 | 3 bed / 2 bath | Available |
| 10601 Mangrove Dr | $294,990 | 3 bed / 2 bath | Available |
| 10603 Mangrove Dr | $304,990 | 3 bed / 2 bath | Available |
| 5226 Jacaranda Dr | $449,990 | 3 bed / 2 bath | Available |
| 10543 Banyan Wood Ct | $499,990 | 5 bed / 4 bath | Available |
| 5228 Dragon Tree Ln | $499,990 | 5 bed / 3 bath | Available |
| 10608 Banyan Wood Ct | $509,990 | 5 bed / 3 bath | Available |
| 5420 Aspen Wood Ln | $529,990 | 5 bed / 4 bath | Available |
| 5232 Jacaranda Dr | $562,990 | 5 bed / 4 bath | Available April 2026 |
| 5534 Aspen Wood Ln | $332,470 | 2 bed / 2 bath | Available June 2026 |
| 5532 Aspen Wood Ln | $340,920 | 2 bed / 3 bath | Available June 2026 |
| 5526 Aspen Wood Ln | $305,990 | 3 bed / 2 bath | Pending |
| 10626 Banyan Wood Ct | $529,990 | 5 bed / 4 bath | Pending |
Source: M/I Homes
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Learn how to advertise your homesEstimated market value
Not available
Estimated sales range
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Price history
| Date | Event | Price |
|---|---|---|
| 3/19/2026 | Price change | $283,990-1.7%$174/sqft |
Source:  M/I Homes Report a problem | ||
| 3/12/2026 | Price change | $288,990-1%$178/sqft |
Source:  MIBOR as distributed by MLS GRID #22082180 Report a problem | ||
| 2/11/2026 | Price change | $291,990-1%$179/sqft |
Source: MIBOR as distributed by MLS GRID #22082180 Report a problem | ||
| 1/29/2026 | Price change | $294,990-0.7%$181/sqft |
Source: M/I Homes Report a problem | ||
| 12/12/2025 | Listed for sale | $296,990$182/sqft |
Source: M/I Homes Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $7 | $500 +66.7% |
| 2023 | -- | $300 |
Find assessor info on the county website
Good Friends Make Great Neighbors
Do you love your M/I Home? Share the experience with friends and family - invite them to become your neighbors and enjoy a special "thank you" from us when they purchase.Source: M/I HomesBuyAbility℠ payment
Neighborhood: New Bethel
Nearby schools
GreatSchools rating
- 6/10Lillie Idella Kitley Intermediate SchoolGrades: 4-6Distance: 2.1 mi
- 7/10Franklin Central Junior HighGrades: 7-8Distance: 0.8 mi
- 9/10Franklin Central High SchoolGrades: 9-12Distance: 2 mi
Schools provided by the builder
- District: Franklin Twp Community Schools
Source: M/I Homes. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
