Welcome to 5514 Aspen Wood Lane in Indianapolis, IN - a beautiful new construction ranch-style home built by M/I Homes offering 1,628 square feet of thoughtfully designed living space.
This inviting home features:
2 well-appointed bedrooms
2 full bathrooms, 1 half bath
Owner's bedroom with an en-suite bathroom and dual-sink vanity
Open-concept living space perfect for entertaining
Covered veranda
Quality finishes throughout
Built with attention to detail, this new construction home provides the perfect balance of comfort and functionality. The open-concept design creates a seamless flow between living spaces, making it ideal for both everyday living and hosting guests.
The owner's bedroom on the main floor offers convenience and privacy with its own en-suite bathroom. The second bedroom provides ample space for family members, guests, or a home office depending on your needs.
The carefully crafted interior showcases the builder's commitment to quality construction and thoughtful design elements. Throughout the home, you'll find modern fixtures and appealing finishes that create a welcoming atmosphere.
As a new construction home, you'll enjoy the benefits of energy-efficient systems and contemporary features that enhance your daily living experience. Every aspect of this home has been designed with your comfort and convenience in mind.
Experience the joy of being the first owner of this beautiful new...
New construction
Special offer
$305,990
5514 Aspen Wood Ln, Indianapolis, IN 46239
2beds
1,628sqft
Townhouse
Built in 2025
-- sqft lot
$302,500 Zestimate®
$188/sqft
$-- HOA
Under construction (available October 2025)
Currently being built and ready to move in soon. Reserve today by contacting the builder.
- 75 days
- on Zillow |
- 25 |
- 0 |
Zillow last checked: August 09, 2025 at 09:28am
Listing updated: August 09, 2025 at 09:28am
Listed by:
M/I Homes
Source: M/I Homes

Travel times
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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
Video & virtual tour
Property
Parking
- Total spaces: 2
- Parking features: Garage
- Garage spaces: 2
Features
- Levels: 1.0
- Stories: 1
Details
- Parcel number: 491604110005095300
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: $188/sqft
- Tax assessed value: $300
- Annual tax amount: $5
- Date on market: 5/28/2025
About the community
PlaygroundTrails
Discover a limited collection of secluded wooded and pond-view homesites in our newest phase at Sagebrook West. Welcome to Sagebrook West, a community of new construction homes located in the coveted Franklin Township in southeast Indianapolis. Boasting a scenic, natural setting with ponds and trees, an outstanding school district, and stunning single family floorplans available on private wooded homesites, Sagebrook West is the perfect place to settle down in a new home. Learn more about the community, our homes for sale, and the surrounding area of Indianapolis, then reach out to our team to set up your personal tour! Resort-Style Amenities in Your Own NeighborhoodSagebrook West is much more than just a place to live—it's a lifestyle. Envision yourself meeting up with loved ones at the community playground, partaking in serene walks along beautifully maintained trails, enjoying peaceful pond views, or taking a relaxing break at the picnic shelter! Explore the Home Types Available at Sagebrook WestSagebrook West offers new single family homes and low-maintenance ranch villas! So whether you're in the market for your first home, searching for a bigger and newer space for your growing family, or even downsizing, you'll find the perfect plan for your lifestyle in this outstanding community—without the hassle of heavy upkeep. Prestige Series Our luxurious 2-story and ranch-style homes from the Prestige Series are spacious, stylish, and flexible for a variety of lifestyles. These new construction homes are built with quality R-19 Insulation, Zip System Exterior Wall Sheathing, and James Hardie® ColorPlus Cement Siding to guarantee your family a beautiful yet comfortable home that stands the test of time and provides lasting value. You can even build your new home on a site that backs to trees or offers a pond view! Villa SeriesThis community also features low-maintenance, ranch-style villas that are perfect...
Good Friends Make Great Neighbors
Refer your friends and receive a bonus!Source: M/I Homes