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Special offer
$340,920

5532 Aspen Wood Ln, Indianapolis, IN 46239

2beds
1,628sqft
: 
Townhouse
Built in 2025
-- sqft lot
$334,900 Zestimate®
$209/sqft
$-- HOA

What's special

Electric fireplaceQuality craftsmanship throughoutOpen-concept living spaceFresh finishesExtended veranda
This home is based on the Castello plan.
Discover this beautifully crafted new construction home at 5532 Aspen Wood Lane in Indianapolis, built by M/I Homes. This thoughtfully designed 1,628 square foot home offers comfortable living with quality craftsmanship throughout. Key Features: 2 bedrooms, 2.5 bathrooms Extended veranda Electric fireplace Owner's en-suite bathroom with a dual-sink vanity Low-maintenance living The home features an open-concept living space that seamlessly connects the main areas, creating an inviting atmosphere for daily living and entertaining. The floorplan includes 2 spacious bedrooms and 2 full bathrooms. This new construction home showcases quality design with attention to detail in every room. The thoughtful floorplan maximizes space efficiency while maintaining functionality for everyday living. Fresh finishes and careful construction make this an ideal choice for those seeking a Quick Move-In home. The neighborhood offers excellent proximity to parks, providing convenient access to outdoor recreation and green spaces. The area's well-planned layout creates a welcoming environment for residents seeking a balance of comfort and convenience. With its combination of practical features, quality construction, and desirable location near parks, this Indianapolis home represents an excellent opportunity for homebuyers looking for contemporary living in a sought-after neighborhood. Contact our team to learn more about 5532 Aspen Wood Lane!
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Zillow last checked: March 18, 2026 at 10:25am

Listing updated: March 18, 2026 at 10:25am

Listed by:

M/I Homes

Source: M/I HomesMLS Logo
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Facts & features

Interior

Bedrooms & bathrooms
  • Bedrooms: 2
  • Bathrooms: 3
  • Full bathrooms: 2
  • 1/2 bathrooms: 1
Interior area
  • Total interior livable area: 1,628 sqft
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Property

Parking
  • Total spaces: 2
  • Parking features: Garage
  • Garage spaces: 2
Features
  • Levels: 1.0
  • Stories: 1
Details
  • Parcel number: 491604110005089300

Construction

Type & style
  • Home type: Townhouse
  • Property subtype: Townhouse
Condition
  • New Construction,Under Construction
  • New construction: Yes
  • Year built: 2025
Details
  • Builder name: M/I Homes

Community & HOA

Community
  • Subdivision: Sagebrook West
Location
  • Region: Indianapolis

Financial & listing details

  • Price per square foot: $209/sqft
  • Tax assessed value: $400
  • Annual tax amount: $7
  • Date on market: 3/18/2026
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

21 homes in this community

Available homes

ListingPriceBed / bathStatus
Current home:
5532 Aspen Wood Ln
$340,9202 bed / 3 bathAvailable June 2026
5504 Aspen Wood Ln$289,9902 bed / 2 bathMove-in ready
10714 Mangrove Dr$259,9902 bed / 2 bathAvailable
10611 Mangrove Dr$264,9902 bed / 2 bathAvailable
10619 Mangrove Dr$264,9902 bed / 2 bathAvailable
10623 Mangrove Dr$279,9903 bed / 2 bathAvailable
10609 Mangrove Dr$288,9902 bed / 3 bathAvailable
10617 Mangrove Dr$288,9903 bed / 2 bathAvailable
10601 Mangrove Dr$294,9903 bed / 2 bathAvailable
10603 Mangrove Dr$304,9903 bed / 2 bathAvailable
5226 Jacaranda Dr$449,9903 bed / 2 bathAvailable
10543 Banyan Wood Ct$499,9905 bed / 4 bathAvailable
5228 Dragon Tree Ln$499,9905 bed / 3 bathAvailable
10608 Banyan Wood Ct$509,9905 bed / 3 bathAvailable
5420 Aspen Wood Ln$529,9905 bed / 4 bathAvailable
5232 Jacaranda Dr$529,9905 bed / 4 bathAvailable April 2026
5534 Aspen Wood Ln$332,4702 bed / 2 bathAvailable June 2026
5238 Jacaranda Dr$564,4905 bed / 4 bathAvailable June 2026
5540 Aspen Wood Ln$329,0802 bed / 2 bathAvailable July 2026
5538 Aspen Wood Ln$357,5102 bed / 3 bathAvailable July 2026
10626 Banyan Wood Ct$529,9905 bed / 4 bathPending

Source: M/I Homes

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Estimated market value

$334,900

$318,000 - $352,000

$1,882/mo

Price history

DateEventPrice
3/18/2026Listed for sale$340,920+0.9%$209/sqft
Source: M/I Homes Report a problem
10/22/2025Listing removed$337,930$208/sqft
Source: M/I Homes Report a problem
9/14/2025Listed for sale$337,930$208/sqft
Source: M/I Homes Report a problem

Public tax history

YearProperty taxesTax assessment
2024$7 $400 +33.3%
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 Homes

BuyAbility℠ payment

Neighborhood: New Bethel

Nearby schools

GreatSchools rating
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.

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