Welcome to this gorgeous single-story villa for sale in Franklin Township! This new construction villa home includes 3 bedrooms, 2 full bathrooms, an open-concept living space perfect for entertaining, a gourmet kitchen with upgraded appliances, an extended covered veranda, and more. This inviting home provides the perfect balance of comfort and style. The open-concept layout creates a natural flow between living areas, making it ideal for both everyday living and hosting gatherings. The owner's bedroom offers convenience and privacy with its deluxe owner's en-suite boasting a dual-sink vanity, while the remaining bedrooms provide comfortable spaces for family members or guests. The interior showcases quality craftsmanship throughout, with carefully selected finishes that create a warm and welcoming atmosphere. The community provides a wonderful setting with nearby parks offering recreational opportunities for outdoor enthusiasts. The thoughtful design of both the home and surrounding area creates an inviting atmosphere that truly feels like home. Experience the exceptional quality and design of this new construction home at 5508 Aspen Wood Lane in Indianapolis!
Sold
$291,000
5508 Aspen Wood Ln, Indianapolis, IN 46239
3beds
1,716sqft
Residential, Single Family Residence
Built in 2025
6,534 Square Feet Lot
$291,900 Zestimate®
$170/sqft
$2,074 Estimated rent
Home value
$291,900
$274,000 - $312,000
$2,074/mo
Zestimate® history
Owner options
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$2,074/mo
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$2,074/mo
Rent Zestimate®
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$1,618/mo
Est. payment
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$1,618/mo
Est. payment
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List your homeWhat's special
Open-concept living spaceCarefully selected finishesExtended covered veranda
Zillow last checked:
Listing updated:
Listed by:
Jennifer Mencias 630-800-8371,
M/I Homes of Indiana, L.P.
Bought with:
Cody Jenkins
Cedar Tree Realtors
Source: MIBOR as distributed by MLS GRID,MLS#: 22058201
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
- Main level bathrooms: 2
- Main level bedrooms: 3
Primary bedroom
- Level: Main
- Area: 216 Square Feet
- Dimensions: 12 x 18
Bedroom 2
- Level: Main
- Area: 110 Square Feet
- Dimensions: 10 x 11
Bedroom 3
- Level: Main
- Area: 110 Square Feet
- Dimensions: 10 x 11
Breakfast room
- Level: Main
- Area: 110 Square Feet
- Dimensions: 10 x 11
Family room
- Level: Main
- Area: 216 Square Feet
- Dimensions: 12 x 18
Kitchen
- Level: Main
- Area: 160 Square Feet
- Dimensions: 10 x 16
Laundry
- Level: Main
- Area: 49 Square Feet
- Dimensions: 7 x 7
Heating
- Forced Air
Cooling
- Central Air
Appliances
- Included: Dishwasher, Electric Water Heater, Disposal, Microwave, Gas Oven
- Laundry: Laundry Room, Main 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: Electric, Family Room
Interior area
- Total structure area: 1,716
- Total interior livable area: 1,716 sqft
Property
Parking
- Total spaces: 2
- Parking features: Attached
- Attached garage spaces: 2
- Details: Garage Parking Other(Garage Door Opener)
Features
- Levels: One
- Stories: 1
- Patio & porch: Covered
- Exterior features: Lighting
Lot
- Size: 6,534 Square Feet
- Features: Sidewalks
Details
- Parcel number: 491604110005097300
- Horse amenities: None
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Other
- Property subtype: Residential, Single Family Residence
- Attached to another structure: Yes
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
- Features: Low Maintenance Lifestyle, Curbs, Playground, Sidewalks
- Security: Smoke Detector(s)
- Subdivision: Sagebrook West
HOA
- Has HOA: Yes
- Amenities included: Playground, Pool, Trail(s)
- Services included: Association Home Owners
- HOA fee: $155 monthly
- HOA phone: 317-253-1401
Location
- Region: Indianapolis
Financial & listing details
- Price per square foot: $170/sqft
- Tax assessed value: $400
- Annual tax amount: $6
- Date on market: 8/21/2025
- Cumulative days on market: 152 days
- Electric utility on property: Yes
Price history
| Date | Event | Price |
|---|---|---|
| 3/26/2026 | Sold | $291,000-2.3%$170/sqft |
Source:  MIBOR as distributed by MLS GRID #22058201 Report a problem | ||
| 2/18/2026 | Pending sale | $297,990+1%$174/sqft |
Source: MIBOR as distributed by MLS GRID #22058201 Report a problem | ||
| 10/17/2025 | Price change | $294,990-1%$172/sqft |
Source:  M/I Homes Report a problem | ||
| 9/24/2025 | Price change | $297,990-0.7%$174/sqft |
Source: MIBOR as distributed by MLS GRID #22058201 Report a problem | ||
| 8/27/2025 | Pending sale | $299,990$175/sqft |
Source: MIBOR as distributed by MLS GRID #22058201 Report a problem | ||
| 8/15/2025 | Price change | $299,990-9.1%$175/sqft |
Source: M/I Homes Report a problem | ||
| 7/31/2025 | Price change | $329,990-5.7%$192/sqft |
Source: M/I Homes Report a problem | ||
| 5/28/2025 | Listed for sale | $349,910$204/sqft |
Source: M/I Homes Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $6 +22% | $400 +33.3% |
| 2024 | $5 | $300 +50% |
| 2023 | -- | $200 |
Find assessor info on the county website
Neighborhood: New Bethel
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Nearby schools
GreatSchools rating
- NANew Bethel Elementary SchoolGrades: PK-3Distance: 0.4 mi
- 7/10Franklin Central Junior HighGrades: 7-8Distance: 0.9 mi
- 9/10Franklin Central High SchoolGrades: 9-12Distance: 2 mi
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
$291,900
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
$291,900
- Indiana
- Marion County
- Indianapolis
- 46239
- New Bethel
- 5508 Aspen Wood Ln
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