Discover this stunning new construction home at 7119 Waylon Way in Indianapolis (Franklin Township). This thoughtfully designed 2-story home includes 4 bedrooms, 2.5 bathrooms, a first-floor flex room, an open-concept living space, a loft, walk-in closets in each bedroom, an owner's en-suite bathroom, and so much more! This home showcases quality design throughout, featuring a functional floorplan that maximizes both comfort and livability. The open-concept living space creates an inviting atmosphere perfect for both daily life and entertaining. Each bedroom offers comfortable accommodations, while the owner's bedroom suite on the upper level provides a private retreat. Fresh finishes and contemporary touches create an inviting environment throughout the home. The well-proportioned rooms and practical layout ensure this home will meet the needs of today's families. Located in a desirable Franklin Township neighborhood, this home offers proximity to local parks and recreational opportunities. The area features quality design standards that enhance the overall appeal of the community. This new construction home represents an excellent opportunity to own a Quick Move-In home with modern conveniences and reliable construction standards!
Active
Special offer
$347,990
7119 Waylon Way, Indianapolis, IN 46239
4beds
2,596sqft
Est.:
Residential, Single Family Residence
Built in 2025
7,840.8 Square Feet Lot
$-- Zestimate®
$134/sqft
$63/mo HOA
What's special
Open-concept living spaceWell-proportioned roomsPractical layoutFirst-floor flex room
- 120 days |
- 233 |
- 12 |
Zillow last checked: 7 hours ago
Listing updated: 16 hours ago
Listing Provided by:
Jennifer Mencias 630-800-8371,
M/I Homes of Indiana, L.P.
Source: MIBOR as distributed by MLS GRID,MLS#: 22075701
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 3
- Full bathrooms: 2
- 1/2 bathrooms: 1
- Main level bathrooms: 1
Primary bedroom
- Level: Upper
- Area: 224 Square Feet
- Dimensions: 16 x 14
Bedroom 2
- Level: Upper
- Area: 143 Square Feet
- Dimensions: 11 x 13
Bedroom 3
- Level: Upper
- Area: 143 Square Feet
- Dimensions: 11 x 13
Bedroom 4
- Level: Upper
- Area: 130 Square Feet
- Dimensions: 10 x 13
Breakfast room
- Level: Main
- Area: 132 Square Feet
- Dimensions: 11 x 12
Family room
- Level: Main
- Area: 240 Square Feet
- Dimensions: 16 x 15
Kitchen
- Level: Main
- Area: 154 Square Feet
- Dimensions: 11 x 14
Laundry
- Level: Upper
- Area: 70 Square Feet
- Dimensions: 7 x 10
Loft
- Level: Upper
- Area: 196 Square Feet
- Dimensions: 14 x 14
Play room
- Level: Main
- Area: 143 Square Feet
- Dimensions: 11 x 13
Heating
- Forced Air
Cooling
- Central Air
Appliances
- Included: Dishwasher, Electric Water Heater, Disposal, Microwave, Gas Oven
- Laundry: Laundry Room, Upper Level
Features
- Attic Access, Double Vanity, Breakfast Bar, Kitchen Island, Pantry, Smart Thermostat, Walk-In Closet(s)
- Has basement: No
- Attic: Access Only
Interior area
- Total structure area: 2,596
- Total interior livable area: 2,596 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: Two
- Stories: 2
- Patio & porch: Covered, Patio
- Exterior features: Lighting
Lot
- Size: 7,840.8 Square Feet
- Features: Sidewalks
Details
- Parcel number: 491025111009004300
- Horse amenities: None
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Other
- Property subtype: Residential, Single Family Residence
Materials
- Vinyl Siding
- Foundation: Slab
Condition
- New Construction,Under Construction
- New construction: Yes
- Year built: 2025
Details
- Builder name: M/I Homes
Utilities & green energy
- Water: Public
- Utilities for property: Electricity Connected, Sewer Connected, Water Connected
Community & HOA
Community
- Security: Smoke Detector(s)
- Subdivision: Grayson
HOA
- Has HOA: Yes
- Amenities included: Dog Park, Playground, Trail(s)
- Services included: Association Home Owners
- HOA fee: $380 semi-annually
- HOA phone: 317-444-3100
Location
- Region: Indianapolis
Financial & listing details
- Price per square foot: $134/sqft
- Date on market: 12/3/2025
- Cumulative days on market: 121 days
- Electric utility on property: Yes
About the community
PlaygroundParkTrails
Grayson in Franklin Township offers new single-family homes on the southeast side of Indianapolis, blending suburban comfort with quick access to major city attractions. Set near local parks, dining, and everyday conveniences, the community provides an easygoing lifestyle just 20 minutes from Downtown Indy.The Essential Series features a selection of two-story floorplans with open main-level living, spacious kitchens, and plenty of natural light. A new phase of homesites includes peaceful water views, adding to the neighborhood's inviting setting.Residents can enjoy nearby recreation such as the 99-acre Franklin Township Community Park, along with popular local restaurants and family-friendly destinations. Located within Franklin Township, Grayson offers a connected, relaxed place to call home with thoughtfully designed spaces for modern living.
7311 Waylon Way, 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
4 homes in this community
Available homes
| Listing | Price | Bed / bath | Status |
|---|---|---|---|
Current home: 7119 Waylon Way | $347,990 | 4 bed / 3 bath | Available |
| 3942 Teakmill Trl | $339,990 | 4 bed / 3 bath | Available |
| 3926 Quinn Rd | $344,990 | 4 bed / 3 bath | Available |
| 3927 Quinn Rd | $344,990 | 4 bed / 3 bath | Available |
Source: M/I Homes
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Learn how to advertise your homesEstimated market value
Not available
Estimated sales range
Not available
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Price history
| Date | Event | Price |
|---|---|---|
| 4/2/2026 | Price change | $347,990-2%$134/sqft |
Source:  MIBOR as distributed by MLS GRID #22075701 Report a problem | ||
| 3/12/2026 | Price change | $354,990-3.3%$137/sqft |
Source: MIBOR as distributed by MLS GRID #22075701 Report a problem | ||
| 2/23/2026 | Price change | $366,990-0.3%$141/sqft |
Source: MIBOR as distributed by MLS GRID #22075701 Report a problem | ||
| 12/9/2025 | Price change | $367,990-2.9%$142/sqft |
Source: MIBOR as distributed by MLS GRID #22075701 Report a problem | ||
| 9/11/2025 | Listed for sale | $378,840$146/sqft |
Source:  M/I Homes Report a problem | ||
Public tax history
Tax history is unavailable.
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: Five Points
Nearby schools
GreatSchools rating
- 4/10Thompson Crossing Elementary SchoolGrades: K-3Distance: 1.1 mi
- 7/10Franklin Central Junior HighGrades: 7-8Distance: 3.9 mi
- 9/10Franklin Central High SchoolGrades: 9-12Distance: 2.6 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.
