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Sold
  • $485,990

    5228 Dragon Tree Ln, Indianapolis, IN 46239

    5beds
    3,252sqft
    Residential, Single Family Residence
    Built in 2025
    9,147 Square Feet Lot
    $486,100 Zestimate®
    $149/sqft
    $2,918 Estimated rent

    Home value

    $486,100

    $457,000 - $515,000

    $2,918/mo

    Zestimate® history
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    What's special

    Welcome to this stunning new construction home for sale in Franklin Township! This beautiful 2-story home features 5 bedrooms-including a first-floor guest suite-3 full bathrooms, a 3-car garage, a gathering room extension, a gas fireplace, a kitchen with an island and spacious walk-in pantry, a morning room, a spacious loft, and more. This beautiful new construction home showcases exceptional attention to detail and superior design quality. The flowing open-concept layout creates a welcoming atmosphere while maintaining functional living spaces for everyday life. The home's thoughtful design balances style with practicality, offering room for both relaxation and entertainment. The upper level features the owner's bedroom, providing a private retreat away from the main living areas with its own en-suite bathroom. With 5 bedrooms in total, there's ample space for family members, guests, or home offices. The 3 well-appointed bathrooms are strategically placed throughout the home for maximum convenience. Clean lines and quality fixtures enhance the overall aesthetic while ensuring durability for years to come. The home's design incorporates today's most desired features while maintaining a timeless appeal that will endure for generations. Located in a charming neighborhood in Franklin Township, 5228 Dragon Tree Lane represents an exceptional opportunity for discerning buyers seeking quality, space, and thoughtful design!

    Zillow last checked:

    Listing updated:

    Listed by:

    Jennifer Mencias 630-800-8371,

    M/I Homes of Indiana, L.P.

    Bought with:

    Brian Harbert

    REALTY WORLD-Harbert Company

    Source: MIBOR as distributed by MLS GRID,MLS#: 22057962MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 3
    • Full bathrooms: 3
    • Main level bathrooms: 1
    • Main level bedrooms: 1
    Primary bedroom
    • Level: Upper
    • Area: 270 Square Feet
    • Dimensions: 15 x 18
    Bedroom 2
    • Level: Upper
    • Area: 210 Square Feet
    • Dimensions: 15 x 14
    Bedroom 3
    • Level: Upper
    • Area: 130 Square Feet
    • Dimensions: 13 x 10
    Bedroom 4
    • Level: Upper
    • Area: 120 Square Feet
    • Dimensions: 12 x 10
    Bedroom 5
    • Level: Main
    • Area: 120 Square Feet
    • Dimensions: 12 x 10
    Breakfast room
    • Level: Main
    • Area: 110 Square Feet
    • Dimensions: 10 x 11
    Family room
    • Level: Main
    • Area: 396 Square Feet
    • Dimensions: 18 x 22
    Kitchen
    • Level: Main
    • Area: 168 Square Feet
    • Dimensions: 12 x 14
    Laundry
    • Level: Upper
    • Area: 54 Square Feet
    • Dimensions: 6 x 9
    Loft
    • Level: Upper
    • Area: 228 Square Feet
    • Dimensions: 12 x 19
    Sitting room
    • Level: Main
    • Area: 130 Square Feet
    • Dimensions: 10 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
    • Number of fireplaces: 1
    • Fireplace features: Family Room, Gas Starter
    Interior area
    • Total structure area: 3,252
    • Total interior livable area: 3,252 sqft

    Property

    Parking
    • Total spaces: 3
    • Parking features: Attached
    • Attached garage spaces: 3
    • Details: Garage Parking Other(Garage Door Opener)
    Features
    • Levels: Two
    • Stories: 2
    • Patio & porch: Covered
    • Exterior features: Lighting
    • On waterfront: Yes
    • Waterfront features: Pond
    Lot
    • Size: 9,147 Square Feet
    • Features: Sidewalks
    Details
    • Parcel number: 491604115009031300
    • Horse amenities: None

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Other
    • Property subtype: Residential, Single Family Residence
    Materials
    • Other
    • 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: Sagebrook West
    HOA
    • Has HOA: Yes
    • Amenities included: Park, Playground, Trail(s)
    • Services included: ParkPlayground, Walking Trails
    • HOA fee: $500 annually
    • HOA phone: 317-253-1401
    Location
    • Region: Indianapolis

    Financial & listing details

    • Price per square foot: $149/sqft
    • Tax assessed value: $500
    • Date on market: 8/20/2025
    • Cumulative days on market: 276 days
    • Electric utility on property: Yes

    Price history

    DateEventPrice
    7/9/2026Sold$485,990$149/sqft
    Source: MIBOR as distributed by MLS GRID #22057962 Report a problem
    6/9/2026Price change$485,990-0.8%$149/sqft
    Source: M/I Homes Report a problem
    6/8/2026Pending sale$489,990$151/sqft
    Source: MIBOR as distributed by MLS GRID #22057962 Report a problem
    5/7/2026Price change$489,990-1%$151/sqft
    Source: MIBOR as distributed by MLS GRID #22057962 Report a problem
    5/1/2026Price change$494,990-1%$152/sqft
    Source: M/I Homes Report a problem
    4/2/2026Price change$499,990-2%$154/sqft
    Source: MIBOR as distributed by MLS GRID #22057962 Report a problem
    3/4/2026Listed for sale$509,990$157/sqft
    Source: MIBOR as distributed by MLS GRID #22057962 Report a problem
    2/18/2026Pending sale$509,990$157/sqft
    Source: MIBOR as distributed by MLS GRID #22057962 Report a problem
    10/22/2025Price change$509,990-1.9%$157/sqft
    Source: MIBOR as distributed by MLS GRID #22057962 Report a problem
    10/17/2025Price change$519,990-1%$160/sqft
    Source: M/I Homes Report a problem
    9/25/2025Price change$524,990-0.9%$161/sqft
    Source: M/I Homes Report a problem
    9/10/2025Price change$529,990-0.9%$163/sqft
    Source: MIBOR as distributed by MLS GRID #22057962 Report a problem
    7/31/2025Price change$534,990-3.5%$165/sqft
    Source: M/I Homes Report a problem
    7/3/2025Price change$554,560-4.6%$171/sqft
    Source: M/I Homes Report a problem
    6/12/2025Listed for sale$581,560$179/sqft
    Source: M/I Homes Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025-- $500
    Find assessor info on the county website

    Neighborhood: New Bethel

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Middle: Franklin Central Junior High

    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
    $486,100
    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
    $486,100