Welcome to this beautiful new construction villa home for sale in Indianapolis! This inviting home features 2 well-appointed bedrooms, 2 full bathrooms, 1 half bath, an owner's bedroom with en-suite bathroom and dual-sink vanity, an open-concept living space perfect for entertaining, a covered veranda, and so much more. 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. Experience the joy of being the first owner of this beautiful new construction villa home in Indianapolis. The combination of quality craftsmanship, functional design, and desirable location makes 5514 Aspen Wood Lane an exceptional place to call home!
Sold
$277,000
5514 Aspen Wood Ln, Indianapolis, IN 46239
2beds
1,628sqft
Residential, Single Family Residence
Built in 2025
6,534 Square Feet Lot
$279,600 Zestimate®
$170/sqft
$2,171 Estimated rent
Home value
$279,600
$260,000 - $302,000
$2,171/mo
Zestimate® history
Owner options
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$2,171/mo
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$2,171/mo
Rent Zestimate®
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$1,548/mo
Est. payment
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$1,548/mo
Est. payment
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List your homeWhat's special
Modern fixturesCovered verandaOpen-concept living spaceThoughtful design elementsDual-sink vanity
Zillow last checked:
Listing updated:
Listed by:
Jennifer Mencias 630-800-8371,
M/I Homes of Indiana, L.P.
Bought with:
Hellena Robinett
CENTURY 21 Scheetz
Source: MIBOR as distributed by MLS GRID,MLS#: 22059567
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 3
- Full bathrooms: 2
- 1/2 bathrooms: 1
- Main level bathrooms: 3
- Main level bedrooms: 2
Primary bedroom
- Level: Main
- Area: 204 Square Feet
- Dimensions: 12 x 17
Bedroom 2
- Level: Main
- Area: 120 Square Feet
- Dimensions: 10 x 12
Breakfast room
- Level: Main
- Area: 110 Square Feet
- Dimensions: 11 x 10
Family room
- Level: Main
- Area: 266 Square Feet
- Dimensions: 14 x 19
Kitchen
- Level: Main
- Area: 112 Square Feet
- Dimensions: 8 x 14
Laundry
- Level: Main
- Area: 48 Square Feet
- Dimensions: 8 x 6
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: 1,628
- Total interior livable area: 1,628 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: 491604110005095300
- 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, ParkPlayground, Walking Trails
- 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: 8/28/2025
- Cumulative days on market: 64 days
- Electric utility on property: Yes
Price history
| Date | Event | Price |
|---|---|---|
| 11/18/2025 | Sold | $277,000-2.1%$170/sqft |
Source:  MIBOR as distributed by MLS GRID #22059567 Report a problem | ||
| 10/30/2025 | Pending sale | $282,990$174/sqft |
Source: MIBOR as distributed by MLS GRID #22059567 Report a problem | ||
| 10/22/2025 | Price change | $282,990-2.4%$174/sqft |
Source: MIBOR as distributed by MLS GRID #22059567 Report a problem | ||
| 10/17/2025 | Price change | $289,990-1.7%$178/sqft |
Source:  M/I Homes Report a problem | ||
| 9/25/2025 | Price change | $294,990-1.7%$181/sqft |
Source: M/I Homes Report a problem | ||
| 9/10/2025 | Price change | $299,990-2%$184/sqft |
Source: MIBOR as distributed by MLS GRID #22059567 Report a problem | ||
| 7/31/2025 | Price change | $305,990-6.5%$188/sqft |
Source: M/I Homes Report a problem | ||
| 5/28/2025 | Listed for sale | $327,160$201/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
$279,600
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
$279,600
- Indiana
- Marion County
- Indianapolis
- 46239
- New Bethel
- 5514 Aspen Wood Ln
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