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$357,510
New Listing

5538 Aspen Wood Lane
Indianapolis, IN 46239

For Sale|Single Family Residence|Active
3
Beds
2
Total Baths
2
Full Baths
1,716
SqFt
$208
/SqFt
2026
Built
Subdivision:
Sagebrook West
County:
Marion
Listing courtesy of M/I Homes of Indiana, L.P. (317) 475-3603
Call Now: (812) 343-4938
Is this the listing for you? We can help make it yours.
(812) 343-4938
5538 Aspen Wood Lane5538 Aspen Wood Lane5538 Aspen Wood Lane
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Monthly Payment (Est.)

$1,631
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Welcome to 5538 Aspen Wood Lane in Indianapolis - a stunning new construction ranch villa home for sale. This thoughtfully designed villa home features 3 bedrooms, 2 full bathrooms, an electric fireplace in the gathering room, a veranda with 6' extension, a deluxe owner's bathroom, and more! This home showcases an open-concept living space that creates a seamless flow between the kitchen, dining, and living areas - perfect for everyday living and entertaining. Built with quality craftsmanship and attention to detail, this home's floorplan balances comfort and functionality throughout. The owner's bedroom is positioned near the back of the home, offering both easy accessibility and a private retreat within the home. The overall design reflects a commitment to quality, with clean lines, functional spaces, and finishes that elevate everyday living. Situated in a welcoming neighborhood with nearby parks, this home provides a wonderful setting for those who enjoy outdoor recreation and a sense of connection with nature. The quality of design is evident from the moment you step inside, making this home a standout choice for buyers seeking new construction!

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Listing Snapshot
Price 
$357,510
Days On Site 
0 Days
Bedrooms 
3
Inside Area (SqFt) 
1,716 sqft
Total Baths 
2
Full Baths 
2
Partial Baths 
N/A
Lot Size 
0.39 Acres
Year Built 
2026
MLS® Number 
22105706
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
$155 monthly
Sq Ft Source 
Builder
Friends & Family
Recent Activity
18 hours agoListing first seen on site
19 hours agoListing updated with changes from the MLS®
General Features
Acres 
0.39
Direction Faces 
Northeast
Foundation 
Slab
Garage 
Yes
Garage Spaces 
2
Home Warranty 
Yes
Levels 
One
Parking 
Garage Door OpenerAttached
Property Condition 
New ConstructionUnder Construction
Property Sub Type 
Single Family Residence
Security 
Smoke Detector(s)
SqFt Total 
1716
Style 
Other
Utilities 
Cable AvailableElectricity ConnectedNatural Gas AvailableSewer ConnectedWater Connected
Water Source 
Public
Interior Features
Appliances 
DishwasherElectric Water HeaterDisposalMicrowaveGas Oven
Cooling 
Central Air
Fireplace 
Yes
Fireplace Features 
ElectricFamily Room
Fireplaces 
1
Heating 
Forced Air
Interior 
Kitchen IslandPantrySmart ThermostatWalk-In Closet(s)
Laundry Features 
Laundry RoomMain Level
Main Level Bedrooms 
3
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Exterior Features
Construction Details 
Cement SidingStone
Exterior 
Lighting
Lot Features 
Irregular Lot
Patio And Porch 
Covered
View 
Trees/Woods
Waterview 
Trees/Woods
Community Features
Association Amenities 
MaintenancePlaygroundPoolTrail(s)
Association Dues 
155
HOA Fee Frequency 
Monthly
Horse Property 
None
MLS Area 
4906 - Marion - Franklin
School District 
Franklin Township Com Sch Corp
Township 
Franklin
Schools
School District
Franklin Township Com Sch Corp
Elementary School
Unknown
Middle School
Franklin Central Junior High
High School
Franklin Central High School
Listing courtesy of M/I Homes of Indiana, L.P. (317) 475-3603



Listings courtesy of Metropolitan Indianapolis Board of REALTORS® as distributed by MLS GRID. All information is provided exclusively for consumers’ personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties that a consumer may be interested in purchasing. All information is believed to be reliable but is not guaranteed and should be independently verified.

Based on information submitted to the MLS GRID as of 2026-06-03 03:30 PM UTC. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Copyright © 2026 Metropolitan Indianapolis Board of REALTORS®. All rights reserved.

Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
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