Discover this stunning new construction home at 3938 Teakmill Trail in Indianapolis / Franklin Township. This thoughtfully designed 4-bedroom, 2.5-bathroom home offers comfortable living space throughout its 2 stories. Additional highlights of this beautiful home include a flex room, an open-concept living space, an owner's en-suite bathroom, a 2-car garage, and so much more! The home's floorplan maximizes functionality while maintaining an inviting atmosphere throughout. The open-concept design seamlessly connects the main living areas, creating a natural flow for both relaxation and gatherings. Each bedroom provides comfortable accommodations with thoughtful layouts that optimize space and natural light. This neighborhood provides convenient access to local parks, making it easy to enjoy outdoor activities and recreational opportunities. The area's well-planned design ensures a pleasant living environment while maintaining proximity to essential amenities and services. Experience the benefits of new construction living with modern conveniences, energy-efficient features, and the peace of mind that comes with a builder warranty. This home represents an excellent opportunity for those seeking quality construction in a desirable Franklin Township location!
Sold
$325,850
3938 Teakmill Trl, Indianapolis, IN 46239
3beds
2,128sqft
Residential, Single Family Residence
Built in 2026
7,187.4 Square Feet Lot
$325,200 Zestimate®
$153/sqft
$2,242 Estimated rent
Home value
$325,200
$309,000 - $341,000
$2,242/mo
Zestimate® history
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Zillow last checked: 7 hours ago
Listing updated: March 27, 2026 at 07:54am
Listing Provided by:
Jennifer Mencias 630-800-8371,
M/I Homes of Indiana, L.P.
Bought with:
Laura Waters
Highgarden Real Estate
Source: MIBOR as distributed by MLS GRID,MLS#: 22083476
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 3
- Full bathrooms: 2
- 1/2 bathrooms: 1
- Main level bathrooms: 1
Primary bedroom
- Level: Upper
- Area: 195 Square Feet
- Dimensions: 13 x 15
Bedroom 2
- Level: Upper
- Area: 156 Square Feet
- Dimensions: 12 x 13
Bedroom 3
- Level: Upper
- Area: 110 Square Feet
- Dimensions: 10 x 11
Breakfast room
- Level: Main
- Area: 130 Square Feet
- Dimensions: 10 x 13
Family room
- Level: Main
- Area: 221 Square Feet
- Dimensions: 17 x 13
Kitchen
- Level: Main
- Area: 120 Square Feet
- Dimensions: 10 x 12
Laundry
- Level: Upper
- Area: 42 Square Feet
- Dimensions: 7 x 6
Loft
- Level: Upper
- Area: 176 Square Feet
- Dimensions: 16 x 11
Play room
- Level: Main
- Area: 100 Square Feet
- Dimensions: 10 x 10
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: 2,128
- Total interior livable area: 2,128 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: 7,187 sqft
- Features: Sidewalks
Details
- Parcel number: 491025111009037300
- 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: 2026
Details
- Builder name: M/I Homes
Utilities & green energy
- Water: Public
- Utilities for property: Electricity Connected, Sewer Connected, Water Connected
Community & neighborhood
Security
- Security features: Smoke Detector(s)
Location
- Region: Indianapolis
- Subdivision: Grayson
HOA & financial
HOA
- Has HOA: Yes
- HOA fee: $380 semi-annually
- Amenities included: Dog Park, Playground, Trail(s)
- Services included: Association Home Owners
- Association phone: 317-444-3100
Price history
| Date | Event | Price |
|---|---|---|
| 3/26/2026 | Sold | $325,850-1%$153/sqft |
Source:  MIBOR as distributed by MLS GRID #22083476 Report a problem | ||
| 2/23/2026 | Pending sale | $328,990$155/sqft |
Source: MIBOR as distributed by MLS GRID #22083476 Report a problem | ||
| 2/6/2026 | Price change | $328,990-0.3%$155/sqft |
Source:  M/I Homes Report a problem | ||
| 1/29/2026 | Price change | $329,990-2.3%$155/sqft |
Source: M/I Homes Report a problem | ||
| 10/3/2025 | Listed for sale | $337,890$159/sqft |
Source: M/I Homes Report a problem | ||
Public tax history
Tax history is unavailable.
Neighborhood: Five Points
Nearby schools
GreatSchools rating
- 4/10Thompson Crossing Elementary SchoolGrades: K-3Distance: 1.2 mi
- 7/10Franklin Central Junior HighGrades: 7-8Distance: 4 mi
- 9/10Franklin Central High SchoolGrades: 9-12Distance: 2.6 mi
Schools provided by the listing agent
- Elementary: Thompson Crossing Elementary Sch
- Middle: Franklin Central Junior High
- High: Franklin Central High School
Source: MIBOR as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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Estimated market value
$325,200
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$325,200
- Indiana
- Marion County
- Indianapolis
- 46239
- Five Points
- 3938 Teakmill Trl