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Newest Homes for Sale in Five Points

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  • /2

    $290,000

    Coming Soon
    • 4 Beds
    • 2.5 Baths
    • 2,728 Sq Ft

    3439 Black Forest Ln, Indianapolis, IN 46239

    This spacious 4 bedroom, 2.5 bathroom residence in sought-after Franklin Township offers a versatile and open floorplan designed for both everyday living and entertaining. The main level features a dedicated office, a separate dining room, and a bright, sun-filled sunroom that overlooks the backyard-perfect for relaxing or hosting guests. The open living areas flow seamlessly into the kitchen and

    Bret Arthur Berkshire Hathaway Home

    3439 Black Forest Ln, Indianapolis, IN 46239
  • /2

    $374,990

    New Construction $15K PRICE DROP
    • 5 Beds
    • 2.5 Baths
    • 2,802 Sq Ft

    3939 Quinn Rd, Indianapolis, IN 46239

    Welcome to 3939 Quinn Road, Indianapolis, Indiana — a beautiful new construction home built by M/I Homes. This 2-story single-family home offers 2,802 square feet of thoughtfully designed living space, perfect for families seeking room to grow.Step inside to discover an open-concept living space that creates a seamless flow between gathering areas, ideal for everyday living and entertaining.

    M/I Homes Builder
    3939 Quinn Rd, Indianapolis, IN 46239
  • /2

    $374,990

    New Construction
    • 4 Beds
    • 2.5 Baths
    • 2,614 Sq Ft

    7118 Asher Way, Indianapolis, IN 46239

    Discover new construction at 7118 Asher Way in Indianapolis. Built by M/I Homes, this 2-story single family home offers 2,614 square feet of thoughtfully arranged living space. With 4 bedrooms, 2 full bathrooms, and 1 half bathroom, the floorplan supports everyday routines while providing room for work, relaxation, and time together.The open-concept living space creates a clear connection

    M/I Homes Builder
    7118 Asher Way, Indianapolis, IN 46239
  • /2

    $384,990

    New Construction $17K PRICE DROP
    • 5 Beds
    • 2.5 Baths
    • 2,802 Sq Ft

    3925 Teakmill Trail, Indianapolis, IN 46239

    Experience the beauty of 3925 Teakmill Trail in Indianapolis, Indiana — a new construction home built by M/I Homes. This 2-story single-family home offers 2,802 square feet of thoughtfully designed living space, featuring 5 bedrooms, 2.5 bathrooms, and a loft.Step inside to discover an open-concept living space that brings together comfort and quality design. Every detail of this home has

    M/I Homes Builder
    3925 Teakmill Trail, Indianapolis, IN 46239
  • /2

    $379,990

    New Construction $5K PRICE DROP
    • 4 Beds
    • 2.5 Baths
    • 2,625 Sq Ft

    3942 Quinn Rd, Indianapolis, IN 46239

    Located at 3942 Quinn Road in Indianapolis, this new construction home by M/I Homes offers 2,625 square feet of thoughtfully arranged living space across 2 above-ground levels. The floorplan balances shared gathering areas with private retreats, making it well suited to a variety of household needs.The main level centers on an open-concept living space that connects the kitchen, dining area,

    M/I Homes Builder
    3942 Quinn Rd, Indianapolis, IN 46239
  • /31

    $184,999

    • 4 Beds
    • 2.5 Baths
    • 1,541 Sq Ft

    3626 Cork Bend Dr, Indianapolis, IN 46239

    Do not miss you opportunity on this spacious condo! No lawn maintenance and HOA takes care of roof! . The heart of this home is its well-appointed kitchen, featuring matching black range, microwave, and dishwasher that provide a sleek and cohesive aesthetic. This space is ideal for crafting culinary delights and gathering with loved ones. With four bedrooms and two full bathrooms, along with an

    Danielle Garrity Dorfman Property Management

    3626 Cork Bend Dr, Indianapolis, IN 46239
  • /37

    $240,000

    • 3 Beds
    • 2 Baths
    • 1,496 Sq Ft

    3335 Summer Breeze Ln, Indianapolis, IN 46239

    Don't miss this opportunity at an updated ranch in Franklin Township. Updates include privacy fence, windows, roof in 2020, furnace in 2022, central air in 2020, water heater, large Trex low maintenance deck, exterior paint, added attic insulation, both baths updated, interior lighting and laminate flooring in the primary bedroom, great room and kitchen. The primary bedroom features a newer large

    Mike Cagle F.C. Tucker Company

    3335 Summer Breeze Ln, Indianapolis, IN 46239
  • /2

    $299,990

    New Construction $10K PRICE DROP
    • 5 Beds
    • 3 Baths
    • 2,535 Sq Ft

    2905 Brahms Way, Indianapolis, IN 46239

    The Washington by Davis Homes offers the space and flexibility to fit a variety of lifestyles. This thoughtfully designed home features 5 bedrooms, 3 full bathrooms, and a private office/Den. The open main living area creates an inviting space for everyday living and entertaining, while the spacious primary suite is highlighted by a deluxe bathroom and walk-in closet. With plenty of room for

    Davis Homes Builder
    2905 Brahms Way, Indianapolis, IN 46239
  • /42

    $235,000

    • 4 Beds
    • 2.5 Baths
    • 1,551 Sq Ft

    7747 Danube St, Indianapolis, IN 46239

    Experience modern comfort in this updated, move-in ready two-story home in Hanover, Indianapolis. A bright foyer greets you with a brand-new front door, while fresh exterior trim paint complements the home's curb appeal. Inside, you'll find 4 bedrooms and 2.5 bathrooms with a thoughtfully laid-out living space. The first floor shines with new LVP flooring, creating a seamless flow from room to

    Jennifer Marlow Trueblood Real Estate

    7747 Danube St, Indianapolis, IN 46239
  • /31

    $220,000

    • 3 Beds
    • 2 Baths
    • 1,120 Sq Ft

    3230 Fisher Rd, Indianapolis, IN 46239

    Welcome to this beautifully updated 3-bedroom, 2-bath ranch offering comfortable one-level living, modern updates, and an oversized lot with plenty of space to enjoy. From the moment you arrive, you'll appreciate the combination of practical improvements and everyday functionality. Inside, vinyl plank flooring runs throughout the home, creating a fresh, cohesive look that is durable and easy to

    Tyler Provence Carpenter, REALTORS®

    3230 Fisher Rd, Indianapolis, IN 46239
  • /37

    $252,900

    $7K PRICE DROP
    • 3 Beds
    • 2 Baths
    • 1,319 Sq Ft

    3414 Coralberry Ct, Indianapolis, IN 46239

    Fully renovated ranch home on a quiet cul-de-sac. Features an open-concept layout with NEW vinyl plank flooring, quartz countertops, a stylish kitchen island, and brand-new stainless steel appliances. Enjoy a cozy electric fireplace and luxurious bathrooms with custom ceramic tile, including heated floors in the primary suite. Key updates include a 7-year-old AC, 5-year-old water heater, fresh

    Jahhaira Ospina F.C. Tucker Company

    3414 Coralberry Ct, Indianapolis, IN 46239
  • /14

    $209,900

    $5K PRICE DROP
    • 3 Beds
    • 2 Baths
    • 1,232 Sq Ft

    8035 Wildwood Farms Dr, Indianapolis, IN 46239

    Welcome home to this adorable corner-lot home in Franklin Township! This home is packed with updates, including a new LVP flooring throughout, new roof, new garage door, updated appliances, and an open-concept floor plan that makes the space feel bright and inviting. Step outside to enjoy the large backyard and charming front porch-perfect for relaxing or entertaining. Located in the Franklin

    Ashton Harris The Stewart Home Group

    8035 Wildwood Farms Dr, Indianapolis, IN 46239
  • /11

    Price To Be Determined

    New Construction
    • 4 Beds
    • 3 Baths
    • 2,196 Sq Ft

    2847 Brahms Way, Indianapolis, IN 46239

    Davis Homes Builder
    2847 Brahms Way, Indianapolis, IN 46239
  • /7

    Price To Be Determined

    New Construction
    • 3 Beds
    • 2.5 Baths
    • 1,764 Sq Ft

    2953 Strauss Ln, Indianapolis, IN 46239

    Davis Homes Builder
    2953 Strauss Ln, Indianapolis, IN 46239
  • /15

    Price To Be Determined

    New Construction
    • 4 Beds
    • 3 Baths
    • 2,196 Sq Ft

    7615 Sebastian Place, Indianapolis, IN 46239

    Davis Homes Builder
    7615 Sebastian Place, Indianapolis, IN 46239
  • /42

    $250,000

    • 3 Beds
    • 2.5 Baths
    • 2,001 Sq Ft

    2853 Wolfgang Way, Indianapolis, IN 46239

    Enjoy the melodies of life and make Hanover North your next home destination. With the vibrant rhythms of Indianapolis at your fingertips, this 3BR/2.5BA two-story offers more than 2,000 square feet of comfortable living space-ready for you to compose your next opus. Conveniently located and thoughtfully designed for everyday living, this is a home where life's moments can find their perfect

    Rick Hogge Keller Williams Indpls Metro N

    2853 Wolfgang Way, Indianapolis, IN 46239
  • /12

    $244,490

    New Construction
    • 3 Beds
    • 2.5 Baths
    • 1,450 Sq Ft

    Ford Plan at Ridgefield, Indianapolis, IN 46239

    Davis Homes Builder
    2952 Strauss Ln Unit 41562721, Indianapolis, IN 46239
  • /4

    $319,990

    New Construction
    • 3 Beds
    • 2.5 Baths
    • 1,878 Sq Ft

    Ellison Plan at Grayson, Indianapolis, IN 46239

    Designed for effortless everyday living, the Ellison combines open-concept gathering spaces with thoughtfully placed private retreats. This single-story home offers the perfect balance of comfort, functionality, and style, making it easy to feel at home from the moment you walk through the door.

    M/I Homes Builder
    7311 Waylon Way Unit 41535305, Indianapolis, IN 46239
  • /35

    $229,900

    • 2 Beds
    • 1 Bath
    • 1,048 Sq Ft

    7323 E Troy Ave, Indianapolis, IN 46239

    Welcome home to this beautifully maintained, move-in ready 2-bedroom ranch in desirable Franklin Township! Pride of ownership is evident throughout this charming home, featuring numerous updates inside and out. Recent improvements include newer roof, gutters, siding, windows, and blinds, plus a new garage door and opener (2025). The interior offers beautifully refinished hardwood floors in the

    Todd Campbell United Real Estate Indpls

    7323 E Troy Ave, Indianapolis, IN 46239
  • /2

    $344,990

    New Construction
    • 4 Beds
    • 2.5 Baths
    • 2,622 Sq Ft

    3921 Teakmill Trail, Indianapolis, IN 46239

    Welcome to 3921 Teakmill Trail, Indianapolis, Indiana — a stunning new construction home built by M/I Homes. This beautifully designed home offers 2,622 square foot of thoughtfully planned living space, featuring 4 bedrooms, 2.5 bathrooms, and a well-crafted floorplan that prioritizes both comfort and quality of design.Step inside to discover an inviting open-concept living space that

    M/I Homes Builder
    3921 Teakmill Trail, Indianapolis, IN 46239
  • /43

    $277,000

    $22K PRICE DROP
    • 4 Beds
    • 2.5 Baths
    • 2,353 Sq Ft

    8422 Weathervane Ct, Indianapolis, IN 46239

    Welcome home to 8422 Weathervane Ct in the desirable ADLER GROVE community! Nestled in a charming neighborhood w/sidewalks, and offering 2,353 sqft of finished space. The main level features a spacious living room, a kitchen, a pantry, and sliders from the dining area leading to fully fenced back yard, while a flex space main-floor bonus room offers valuable space for a home office, sitting room,

    Pau Suan CENTURY 21 Scheetz

    8422 Weathervane Ct, Indianapolis, IN 46239
  • /2

    $250,000

    • 3 Beds
    • 2.5 Baths
    • 1,723 Sq Ft

    3615 Whistlewood Ln, Indianapolis, IN 46239

    Opportunity awaits in Franklin township! This tenant occupied 3-bedroom, 2.5 bath home is a fantastic investment opportunity in a highly desirable location known for its top rated schools and strong buyer/renter demand. This home has a functional floor plan and great bones. With an established tenant already in place investors can enjoy cash flow from day one. Conveniently located near shopping,

    Sarah Skidmore @properties

    3615 Whistlewood Ln, Indianapolis, IN 46239
  • /11

    $285,000

    New Construction $14K PRICE DROP
    • 4 Beds
    • 3 Baths
    • 2,196 Sq Ft

    2847 Brahms Way, Indianapolis, IN 46239

    Another thoughtfully designed new build by Davis Homes. The Roosevelt floorplan offers generous space and a flexible layout ideal for modern living. The main level features an open-concept design with a well-appointed kitchen that includes a pantry and abundant cabinetry, flowing seamlessly into the dining and gathering rooms. A first-floor bedroom with a full bath provides the perfect option for

    David Landau Highgarden Real Estate

    2847 Brahms Way, Indianapolis, IN 46239
  • /26

    $270,000

    $25K PRICE DROP
    • 4 Beds
    • 2.5 Baths
    • 2,002 Sq Ft

    8120 Wildwood Farms Dr, Indianapolis, IN 46239

    Welcome to this beautiful two-story home in Franklin Township, built in 2018! This well-maintained home offers modern finishes, an open and functional floor plan, spacious living areas, and plenty of natural light throughout. Enjoy the benefits of newer construction in a desirable location with convenient access to schools, shopping, dining, and major highways. Move-in ready and waiting for its

    Jesus Moreno HIVE Realty Group

    8120 Wildwood Farms Dr, Indianapolis, IN 46239
  • /38

    $275,000

    $10K PRICE DROP
    • 3 Beds
    • 2.5 Baths
    • 2,095 Sq Ft

    7745 Amadeus Dr, Indianapolis, IN 46239

    Welcome home to this spacious and thoughtfully designed home offering room to spread out both inside and out. The open-concept main level creates an inviting atmosphere, featuring a beautifully updated kitchen with granite countertops, stainless steel appliances, and seamless flow into the living and dining areas-perfect for everyday living and entertaining. A convenient half bath and main-level

    Beau Matlock Matlock Realty Group

    7745 Amadeus Dr, Indianapolis, IN 46239
  • /33

    $279,900

    $5K PRICE DROP
    • 4 Beds
    • 2.5 Baths
    • 1,617 Sq Ft

    3035 Arrowroot Ln, Indianapolis, IN 46239

    Under $300k in Franklin Township! Don't miss this beautiful, move-in-ready 4 BEDROOM home at 3035 Arrowroot Ln. Combining modern open-concept living with a convenient location, this property checks all the boxes. Inside, soaring VAULTED CEILINGS, vinyl plank flooring, and an open layout immediately create an atmosphere of bright, airy living space. The heart of the home is a spacious eat-in

    Jessica Carl Roof Highgarden Real Estate

    3035 Arrowroot Ln, Indianapolis, IN 46239
  • /4

    $315,990

    New Construction
    • 3 Beds
    • 2 Baths
    • 1,615 Sq Ft

    Alden Plan at Grayson, Indianapolis, IN 46239

    The Alden is a smart single-story home featuring open living spaces, a private owner’s suite, and flexible options like an electric fireplace, morning room, or flex space. With thoughtful upgrades available throughout, this plan is designed to adapt perfectly to your lifestyle.

    M/I Homes Builder
    7311 Waylon Way Unit 40334372, Indianapolis, IN 46239
  • /12

    $285,000

    New Construction $47K PRICE DROP
    • 4 Beds
    • 3 Baths
    • 2,196 Sq Ft

    7615 Sebastian Place, Indianapolis, IN 46239

    Another thoughtfully designed new build brought to you by Davis Homes. This is the Roosevelt floorplan, which offers space and a flexible layout for today's living. It offers an open floorplan, first-floor bedroom for family or guests, or it can be used as a home office, AND a full bath. The kitchen is equipped with a pantry, plenty of cabinet space, and is open to the dining and gathering rooms.

    David Landau Highgarden Real Estate

    7615 Sebastian Place, Indianapolis, IN 46239
  • /9

    $287,990

    New Construction $79K PRICE DROP
    • 3 Beds
    • 2.5 Baths
    • 1,764 Sq Ft

    2953 Strauss Ln, Indianapolis, IN 46239

    Discover modern elegance in this brand-new 3-bedroom Davis Home featuring the spacious Jefferson floorplan. This two-story gem boasts a contemporary design, highlighted by a kitchen island, second level laundry room, large walk-in closets in every bedroom, and double sinks in the primary ensuite bath. Be sure to check out the sun room just off the patio! Your dream home awaits! Home is complete

    David Landau Highgarden Real Estate

    2953 Strauss Ln, Indianapolis, IN 46239
  • /18

    $350,990

    New Construction
    • 4 - 6 Beds
    • 2.5 - 4.5 Baths
    • 2,802+ Sq Ft

    Parke Plan at Grayson, Indianapolis, IN 46239

    With room for everyone and flexibility for anything, the Parke is built for how you live today—and tomorrow.

    M/I Homes Builder
    7311 Waylon Way Unit 36809777, Indianapolis, IN 46239
  • /16

    $329,990

    New Construction
    • 4 Beds
    • 2.5 Baths
    • 2,388+ Sq Ft

    Peyton Plan at Grayson, Indianapolis, IN 46239

    Welcome to the Peyton floorplan—a 2-story home featuring 4 bedrooms, 2.5 bathrooms, and 2,388–2,508 square feet of living space!

    M/I Homes Builder
    7311 Waylon Way Unit 36450335, Indianapolis, IN 46239
  • /44

    $279,990

    New Construction
    • 4 Beds
    • 3 Baths
    • 2,196 Sq Ft

    Roosevelt Plan at Ridgefield, Indianapolis, IN 46239

    Davis Homes Builder
    2952 Strauss Ln Unit 36486156, Indianapolis, IN 46239
  • /14

    $322,990

    New Construction
    • 4 Beds
    • 2.5 Baths
    • 2,262+ Sq Ft

    Aubrey Plan at Grayson, Indianapolis, IN 46239

    Explore the stunning new Aubrey floorplan, offering 4 bedrooms, 2.5 bathrooms, and 2,262–2,379 square feet of thoughtfully designed living space!

    M/I Homes Builder
    7311 Waylon Way Unit 36500377, Indianapolis, IN 46239
  • /11

    $254,990

    New Construction
    • 3 Beds
    • 2.5 Baths
    • 1,663 Sq Ft

    Jefferson Plan at Ridgefield, Indianapolis, IN 46239

    Davis Homes Builder
    2952 Strauss Ln Unit 36499507, Indianapolis, IN 46239
  • /44

    $257,990

    New Construction
    • 4 Beds
    • 2.5 Baths
    • 1,686 Sq Ft

    Madison Plan at Ridgefield, Indianapolis, IN 46239

    Davis Homes Builder
    2952 Strauss Ln Unit 36500453, Indianapolis, IN 46239
  • /13

    $339,990

    New Construction
    • 4 - 6 Beds
    • 2.5 - 4.5 Baths
    • 2,614+ Sq Ft

    Juliet Plan at Grayson, Indianapolis, IN 46239

    Introducing the Juliet plan—your new dream home with 4–5 bedrooms, 3.5 bathrooms, 2,614–2,734 square feet, and endless design possibilities.

    M/I Homes Builder
    7311 Waylon Way Unit 36502146, Indianapolis, IN 46239
  • /4

    $317,990

    New Construction
    • 3 - 4 Beds
    • 2.5 Baths
    • 2,128+ Sq Ft

    Brooklyn Plan at Grayson, Indianapolis, IN 46239

    Welcome to the Brooklyn plan, a home that's perfect for those seeking spaciousness, elegance, and top-notch craftsmanship. This home features 3 bedrooms (with an optional fourth), 2.5 bathrooms, a 2-car garage, and 2,128–2,245 square feet of living space.

    M/I Homes Builder
    7311 Waylon Way Unit 36492721, Indianapolis, IN 46239
  • /37

    $292,990

    New Construction
    • 5 Beds
    • 3 Baths
    • 2,498 Sq Ft

    Washington Plan at Ridgefield, Indianapolis, IN 46239

    Davis Homes Builder
    2952 Strauss Ln Unit 36477930, Indianapolis, IN 46239
  • /17

    $314,990

    New Construction
    • 3 Beds
    • 2.5 Baths
    • 1,957 Sq Ft

    Sawyer Plan at Grayson, Indianapolis, IN 46239

    Looking for a new home in Franklin Township? The Sawyer plan might be your perfect match! This home offers 3 bedrooms, 2.5 bathrooms, and 1,957–2,063 square feet of living space.

    M/I Homes Builder
    7311 Waylon Way Unit 36147861, Indianapolis, IN 46239

Five Points, Indianapolis, IN Home Prices vs. Nearby Neighborhoods

Five Points Poplar Grove Southeast Wanamaker
Median Home Price
$295,000
$319,900
$229,900
$322,000
Median Sale Price
$277,000
+5% YoY
$291,000
+2% YoY
$207,500
-6% YoY
$285,000
-16% YoY
Avg. Price per Square Foot
$145
$157
$142
$146
Median Single Family Price
$285,000
$297,500
$230,000
$295,000
Total Active Listings
39 listings
18 listings
28 listings
9 listings
Market Conditions
3 Months of Supply
Seller's Market
3 Months of Supply
Seller's Market
5 Months of Supply
Balanced Market
4 Months of Supply
Balanced Market

Frequently Asked Questions

Is Five Points a good place to live?
Five Points is a good place to live. Five Points is considered very car-dependent and bikeable. Five Points is a suburban neighborhood. Five Points has 6 parks for recreational activities.It is fairly sparse in population with 4.0 people per acre and a median age of 32. The average household income is $87,911 which is below the national average. College graduates make up 30.2% of residents. A majority of residents in Five Points are home owners, with 29% of residents renting and 71% of residents owning their home. A local real estate agent serving Five Points can help you decide if this neighborhood is the right one for you. Learn more on our Five Points neighborhood guide.
How much do you need to make to afford a house in Five Points?
The median home price in Five Points is $295,000. If you put a 20% down payment of $59,000 and had a 30-year fixed mortgage with an interest rate of 6.95%, your estimated principal and interest payment would be $1,560 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $67K a year to afford the median home price in Five Points. Learn how much home you can afford with our Home Affordability Calculator. The average household income in Five Points is $88K.
What are the best public schools in Five Points?
The best public schools that serve Five Points are:
What are the best private schools in Five Points?
The best private schools that serve Five Points are:
What are the most popular zip codes in Five Points, Indianapolis, IN?
The most popular zip codes in Five Points, Indianapolis, IN include 46239, 46203, 46237, 46260 and 46107.
What are the most popular neighborhoods near Five Points, Indianapolis, IN?
The most popular neighborhoods near Five Points, Indianapolis, IN are Raymond Park, Poplar Grove, Southeast, Southeast Warren and Wanamaker.
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