Discover this stunning new construction home at 3937 Teakmill Trail in Franklin Township. This impressive 2-story home features thoughtfully designed living spaces, perfect for today's lifestyle. Inside, you'll find 4 bedrooms, 2.5 bathrooms, a flex room, a walk-in kitchen pantry, a loft, an owner's en-suite bathroom, and so much more! The open-concept living space creates seamless flow between the main areas, ideal for both daily living and entertaining. The owner's bedroom is conveniently located on the upper level, providing privacy and comfort. Each of the 4 bedrooms offers ample space and natural light. The home's design emphasizes both functionality and style, with careful attention to detail evident in every room. The well-planned layout maximizes the use of space while maintaining an inviting atmosphere throughout. Located in a sought-after Indianapolis neighborhood, this home offers convenient access to local parks and recreational facilities. The area provides a wonderful balance of suburban tranquility while remaining close to city amenities. This new construction home represents an excellent opportunity to own a quality-built residence in a desirable Indianapolis location. The combination of spacious living areas, practical design, and established neighborhood setting makes 3937 Teakmill Trail an outstanding choice!
Pending
Price cut: $2K (2/23)
$373,990
3937 Teakmill Trl, Indianapolis, IN 46239
4beds
2,802sqft
Est.:
Residential, Single Family Residence
Built in 2026
7,187.4 Square Feet Lot
$-- Zestimate®
$133/sqft
$63/mo HOA
What's special
Flex roomOpen-concept living spacePractical designWalk-in kitchen pantryInviting atmosphere throughout
- 51 days |
- 2 |
- 0 |
Zillow last checked: 7 hours ago
Listing updated: March 04, 2026 at 05:46am
Listing Provided by:
Jennifer Mencias 630-800-8371,
M/I Homes of Indiana, L.P.
Source: MIBOR as distributed by MLS GRID,MLS#: 22083484
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: 238 Square Feet
- Dimensions: 17 x 14
Bedroom 2
- Level: Upper
- Area: 195 Square Feet
- Dimensions: 13 x 15
Bedroom 3
- Level: Upper
- Area: 110 Square Feet
- Dimensions: 10 x 11
Bedroom 4
- Level: Upper
- Area: 110 Square Feet
- Dimensions: 10 x 11
Breakfast room
- Level: Main
- Area: 105 Square Feet
- Dimensions: 7 x 15
Family room
- Level: Main
- Area: 289 Square Feet
- Dimensions: 17 x 17
Kitchen
- Level: Main
- Area: 208 Square Feet
- Dimensions: 13 x 16
Laundry
- Level: Upper
- Area: 63 Square Feet
- Dimensions: 9 x 7
Loft
- Level: Upper
- Area: 195 Square Feet
- Dimensions: 13 x 15
Play room
- Level: Main
- Area: 140 Square Feet
- Dimensions: 10 x 14
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: 2,802
- Total interior livable area: 2,802 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: 7,187.4 Square Feet
- Features: Sidewalks
Details
- Parcel number: 491025111009045300
- 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
- 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
- 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: $133/sqft
- Date on market: 2/10/2026
- Cumulative days on market: 52 days
- Electric utility on property: Yes
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 3/4/2026 | Pending sale | $373,990$133/sqft |
Source:  MIBOR as distributed by MLS GRID #22083484 Report a problem | ||
| 2/23/2026 | Price change | $373,990-0.5%$133/sqft |
Source: MIBOR as distributed by MLS GRID #22083484 Report a problem | ||
| 1/29/2026 | Price change | $375,990-2.2%$134/sqft |
Source:  M/I Homes Report a problem | ||
| 11/11/2025 | Listed for sale | $384,410$137/sqft |
Source: M/I Homes Report a problem | ||
| 10/29/2025 | Listing removed | $384,410$137/sqft |
Source: M/I Homes Report a problem | ||
| 10/23/2025 | Listed for sale | $384,410$137/sqft |
Source: M/I Homes Report a problem | ||
Public tax history
Public tax history
Tax history is unavailable.BuyAbility℠ payment
Est. payment
$2,291/mo
Principal & interest
$1929
Property taxes
$299
HOA Fees
$63
More affordability tools
Climate risks
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 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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