Ready now! 5420 Aspen Wood Lane in Indianapolis offers an expansive two-story layout with five bedrooms, three and a half bathrooms, and a spacious 3-car garage-designed to support both everyday living and entertaining. The first floor welcomes you with a bright, open-concept design anchored by a large gathering room featuring a fireplace, creating a warm focal point for relaxing or hosting guests. The adjacent kitchen includes a generous island, pantry storage, and a dining nook that flows seamlessly into the morning room, filling the space with natural light. A private study near the front of the home provides a quiet place to work or unwind, while the main-level in-law suite with a full bath offers flexibility for guests or multi-generational living. Upstairs, the owner's suite serves as a true retreat, complete with a spacious bedroom, a well-appointed en-suite bath, and a large walk-in closet. Three additional bedrooms are thoughtfully arranged around a central loft, each featuring its own walk-in closet for ample storage. A conveniently located second-floor laundry room adds everyday ease to this well-planned layout. With generous living spaces, flexible room options, and a desirable Indianapolis location, 5420 Aspen Wood Lane delivers comfort, functionality, and modern design in one exceptional home!
Sold
$509,900
5420 Aspen Wood Ln, Indianapolis, IN 46239
5beds
3,313sqft
Residential, Single Family Residence
Built in 2026
8,712 Square Feet Lot
$510,000 Zestimate®
$154/sqft
$2,899 Estimated rent
Home value
$510,000
$485,000 - $536,000
$2,899/mo
Zestimate® history
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$3,244/mo
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$3,244/mo
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List your homeWhat's special
Five bedroomsWell-appointed en-suite bathBright open-concept designExpansive two-story layoutGenerous living spacesPrivate studyFlexible room options
Zillow last checked:
Listing updated:
Listed by:
Jennifer Mencias 630-800-8371,
M/I Homes of Indiana, L.P.
Bought with:
Jeremy Duling
White Stag Realty, LLC
Source: MIBOR as distributed by MLS GRID,MLS#: 22083797
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 4
- Full bathrooms: 3
- 1/2 bathrooms: 1
- Main level bathrooms: 2
- Main level bedrooms: 1
Primary bedroom
- Level: Upper
- Area: 272 Square Feet
- Dimensions: 16 x 17
Bedroom 2
- Level: Upper
- Area: 120 Square Feet
- Dimensions: 10 x 12
Bedroom 3
- Level: Upper
- Area: 144 Square Feet
- Dimensions: 12 x 12
Bedroom 4
- Level: Upper
- Area: 144 Square Feet
- Dimensions: 12 x 12
Bedroom 5
- Level: Main
- Area: 144 Square Feet
- Dimensions: 12 x 12
Breakfast room
- Level: Main
- Area: 108 Square Feet
- Dimensions: 12 x 9
Family room
- Level: Main
- Area: 323 Square Feet
- Dimensions: 19 x 17
Kitchen
- Level: Main
- Area: 168 Square Feet
- Dimensions: 12 x 14
Laundry
- Level: Upper
- Area: 49 Square Feet
- Dimensions: 7 x 7
Office
- Level: Main
- Area: 154 Square Feet
- Dimensions: 11 x 14
Sitting room
- Level: Main
- Area: 160 Square Feet
- Dimensions: 16 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
- Number of fireplaces: 1
- Fireplace features: Family Room
Interior area
- Total structure area: 3,313
- Total interior livable area: 3,313 sqft
Property
Parking
- Total spaces: 3
- Parking features: Attached, Garage Door Opener
- Attached garage spaces: 3
- Details: Garage Parking Other(Garage Door Opener)
Features
- Levels: Two
- Stories: 2
- Patio & porch: Covered, Patio
- Exterior features: Lighting
- Has view: Yes
- View description: Trees/Woods
Lot
- Size: 8,712 Square Feet
- Features: Sidewalks
Details
- Parcel number: 491604110005104300
- Horse amenities: None
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Other
- Property subtype: Residential, Single Family Residence
Materials
- Brick, Cement 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: Sagebrook West
HOA
- Has HOA: Yes
- Amenities included: Playground, Trail(s)
- Services included: Association Home Owners
- HOA fee: $680 semi-annually
- HOA phone: 317-253-1401
Location
- Region: Indianapolis
Financial & listing details
- Price per square foot: $154/sqft
- Tax assessed value: $500
- Annual tax amount: $10
- Date on market: 2/12/2026
- Cumulative days on market: 112 days
- Electric utility on property: Yes
Price history
| Date | Event | Price |
|---|---|---|
| 7/23/2026 | Sold | $509,900-1%$154/sqft |
Source:  MIBOR as distributed by MLS GRID #22083797 Report a problem | ||
| 6/4/2026 | Pending sale | $514,990+1%$155/sqft |
Source: MIBOR as distributed by MLS GRID #22083797 Report a problem | ||
| 5/30/2026 | Price change | $509,990-1%$154/sqft |
Source:  M/I Homes Report a problem | ||
| 5/7/2026 | Price change | $514,990-1%$155/sqft |
Source: MIBOR as distributed by MLS GRID #22083797 Report a problem | ||
| 4/30/2026 | Price change | $519,990-1.9%$157/sqft |
Source: MIBOR as distributed by MLS GRID #22083797 Report a problem | ||
| 4/2/2026 | Price change | $529,990-3.1%$160/sqft |
Source: MIBOR as distributed by MLS GRID #22083797 Report a problem | ||
| 3/18/2026 | Price change | $546,990-0.4%$165/sqft |
Source: MIBOR as distributed by MLS GRID #22083797 Report a problem | ||
| 2/23/2026 | Price change | $548,990-1.6%$166/sqft |
Source: MIBOR as distributed by MLS GRID #22083797 Report a problem | ||
| 12/10/2025 | Price change | $557,990-0.4%$168/sqft |
Source: M/I Homes Report a problem | ||
| 9/25/2025 | Price change | $559,990-2.1%$169/sqft |
Source: M/I Homes Report a problem | ||
| 8/21/2025 | Listed for sale | $572,292$173/sqft |
Source: M/I Homes Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $10 +35.1% | $500 |
| 2024 | $7 | $500 +66.7% |
| 2023 | -- | $300 |
Find assessor info on the county website
Neighborhood: New Bethel
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Nearby schools
GreatSchools rating
- NANew Bethel Elementary SchoolGrades: PK-3Distance: 0.3 mi
- 7/10Franklin Central Junior HighGrades: 7-8Distance: 1 mi
- 9/10Franklin Central High SchoolGrades: 9-12Distance: 2 mi
Schools provided by the listing agent
- 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
$510,000
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Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$510,000
- Indiana
- Marion County
- Indianapolis
- 46239
- New Bethel
- 5420 Aspen Wood Ln
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