Welcome to 7123 Asher Way, Indianapolis, Indiana — a stunning new construction home built by M/I Homes. This thoughtfully designed home offers 2,402 square foot of well-planned living space, featuring 4 bedrooms, 2.5 bathrooms, and an upstairs owner's bedroom that serves as a private retreat.
Key Features:
First-floor flex room
Loft
Owner's en-suite bathroom
Storage solutions throughout
This home showcases quality design and craftsmanship throughout, with an open-concept living space that creates a seamless flow between gathering areas. Every detail has been carefully considered to deliver a comfortable and functional layout that suits today's lifestyle.
This home at 7123 Asher Way represents an outstanding opportunity to own a brand-new home with a floorplan designed for comfort and style. The combination of quality construction, smart design, and proximity to parks and neighborhood amenities makes this home a standout choice for buyers seeking new construction in Indianapolis.
New construction
Special offer
$375,790
7123 Asher Way, Indianapolis, IN 46239
4beds
2,402sqft
Est.:
Single Family Residence
Built in 2025
-- sqft lot
$-- Zestimate®
$156/sqft
$64/mo HOA
Under construction (available July 2026)
Currently being built and ready to move in soon. Reserve today by contacting the builder.
What's special
First-floor flex roomStorage solutions throughout
This home is based on the Peyton plan.
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Zillow last checked: April 07, 2026 at 10:25pm
Listing updated: April 07, 2026 at 10:25pm
Listed by:
M/I Homes
Source: M/I Homes
Travel times
Schedule tour
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 3
- Full bathrooms: 2
- 1/2 bathrooms: 1
Interior area
- Total interior livable area: 2,402 sqft
Video & virtual tour
Property
Parking
- Total spaces: 2
- Parking features: Garage
- Garage spaces: 2
Features
- Levels: 2.0
- Stories: 2
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Condition
- New Construction,Under Construction
- New construction: Yes
- Year built: 2025
Details
- Builder name: M/I Homes
Community & HOA
Community
- Subdivision: Grayson
HOA
- Has HOA: Yes
- HOA fee: $64 monthly
Location
- Region: Indianapolis
Financial & listing details
- Price per square foot: $156/sqft
- Date on market: 4/3/2026
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
10 homes in this community
Available homes
| Listing | Price | Bed / bath | Status |
|---|---|---|---|
Current home: 7123 Asher Way | $375,790 | 4 bed / 3 bath | Available July 2026 |
| 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 |
| 7119 Waylon Way | $347,990 | 4 bed / 3 bath | Available |
| 3917 Teakmill Trl | $352,120 | 4 bed / 3 bath | Available June 2026 |
| 3921 Teakmill Trl | $361,620 | 4 bed / 3 bath | Available June 2026 |
| 3918 Quinn Rd | $369,990 | 4 bed / 3 bath | Available June 2026 |
| 3918 Teakmill Trl | $348,730 | 3 bed / 3 bath | Available July 2026 |
| 7207 Asher Way | $373,620 | 4 bed / 3 bath | Available July 2026 |
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 |
|---|---|---|
| 4/3/2026 | Listed for sale | $375,790$156/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 HomesNeighborhood: 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: 2.7 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.
