Ready now! Discover this stunning new construction villa home at 10603 Mangrove Drive in Indianapolis. This beautifully designed 3-bedroom, 2-bathroom ranch villa offers an abundance of thoughtfully planned living space. Highlights include an open-concept living space, an extended veranda, an electric fireplace, an owner's en-suite bathroom with a dual-sink vanity, low-maintenance living, and so much more! The open-concept living space creates a seamless flow between the kitchen, dining, and family areas, perfect for both daily living and entertaining. This villa home features carefully selected finishes and attention to detail in every room. From the functional layout to the stylish appointments, every element has been chosen to enhance your daily living experience. This home sits in a desirable neighborhood known for its welcoming atmosphere and convenient access to local parks. The area offers excellent recreational opportunities with several parks nearby, providing green spaces for outdoor activities and relaxation. Experience the benefits of new construction living in this exceptional Indianapolis villa home!
Active
Special offer
$304,990
10603 Mangrove Dr, Indianapolis, IN 46239
3beds
1,716sqft
Est.:
Residential, Single Family Residence
Built in 2026
10,018.8 Square Feet Lot
$-- Zestimate®
$178/sqft
$155/mo HOA
What's special
Electric fireplaceStylish appointmentsOpen-concept living spaceCarefully selected finishesExtended verandaFunctional layout
- 62 days |
- 127 |
- 6 |
Zillow last checked: 7 hours ago
Listing updated: April 02, 2026 at 07:23am
Listing Provided by:
Jennifer Mencias 630-800-8371,
M/I Homes of Indiana, L.P.
Source: MIBOR as distributed by MLS GRID,MLS#: 22082191
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
- Main level bathrooms: 2
- Main level bedrooms: 3
Primary bedroom
- Level: Main
- Area: 216 Square Feet
- Dimensions: 12 x 18
Bedroom 2
- Level: Main
- Area: 110 Square Feet
- Dimensions: 10 x 11
Bedroom 3
- Level: Main
- Area: 110 Square Feet
- Dimensions: 10 x 11
Breakfast room
- Level: Main
- Area: 110 Square Feet
- Dimensions: 10 x 11
Family room
- Level: Main
- Area: 285 Square Feet
- Dimensions: 15 x 19
Kitchen
- Level: Main
- Area: 144 Square Feet
- Dimensions: 9 x 16
Laundry
- Level: Main
- Area: 49 Square Feet
- Dimensions: 7 x 7
Heating
- Forced Air
Cooling
- Central Air
Appliances
- Included: Dishwasher, Electric Water Heater, Disposal, Microwave, Gas Oven
- Laundry: Laundry Room, 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: 1,716
- Total interior livable area: 1,716 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: 10,018.8 Square Feet
- Features: Irregular Lot, Sidewalks
Details
- Parcel number: 491604110005084300
- 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
- Security: Smoke Detector(s)
- 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: 64 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
22 homes in this community
Available homes
| Listing | Price | Bed / bath | Status |
|---|---|---|---|
Current home: 10603 Mangrove Dr | $304,990 | 3 bed / 2 bath | Available |
| 5504 Aspen Wood Ln | $289,990 | 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 |
| 10609 Mangrove Dr | $288,990 | 2 bed / 3 bath | Available |
| 10617 Mangrove Dr | $288,990 | 3 bed / 2 bath | Available |
| 10601 Mangrove Dr | $294,990 | 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 | $529,990 | 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 |
| 5238 Jacaranda Dr | $564,490 | 5 bed / 4 bath | Available June 2026 |
| 5540 Aspen Wood Ln | $329,080 | 2 bed / 2 bath | Available July 2026 |
| 5538 Aspen Wood Ln | $357,510 | 2 bed / 3 bath | Available July 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
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Estimated sales range
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Price history
| Date | Event | Price |
|---|---|---|
| 4/2/2026 | Price change | $304,990-2.2%$178/sqft |
Source:  MIBOR as distributed by MLS GRID #22082191 Report a problem | ||
| 3/18/2026 | Price change | $311,990-1%$182/sqft |
Source: MIBOR as distributed by MLS GRID #22082191 Report a problem | ||
| 2/23/2026 | Price change | $314,990-0.9%$184/sqft |
Source: MIBOR as distributed by MLS GRID #22082191 Report a problem | ||
| 1/29/2026 | Price change | $317,990-3.6%$185/sqft |
Source:  M/I Homes Report a problem | ||
| 12/10/2025 | Price change | $329,990-6.7%$192/sqft |
Source: M/I Homes Report a problem | ||
| 9/14/2025 | Listed for sale | $353,720$206/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.
