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Grayson

BUILDER INCENTIVES
Verified Community
7311 Waylon Way
Indianapolis, IN 46239
Five Points
Total Views 437,565
3 - 6 Beds
2.5 - 4.5 Baths
2,128+ Sq Ft
$316K - $384K Price Range

Available Homes

Move-In Ready
Plans

Highlights

  • A- Franklin Central High School
  • Loft
  • Mud Room
  • Walk-In Pantry
  • Front Porch
  • Walk-In Closet

About Grayson

Welcome to Grayson, a community of single-family homes for sale in Franklin Township on the southeast side of Indianapolis. Grayson offers an ideal blend of comfort and community living in a brand-new, designer-appointed home. A brand-new phase of homesites has just been released for sale with private water view homesites and convenient access to the community amenities. About Our New Homes for Sale in Franklin TownshipDesigned with the quality M/I Homes is known for, new homeowners will have their choice between 5 different 2-story floorplans within our Essential Series: Brooklyn | 3 Bedrooms | 2.5 Bathrooms | 2,128 2,245 Square Feet | View Floorplan Aubrey | 4 Bedrooms | 2.5 Bathrooms | 2,262 2,379 Square Feet | View Floorplan Peyton | 4 Bedrooms | 2.5 Bathrooms | 2,308 2,588 Square Feet | View Floorplan Juliet | 4 6 Bedrooms | 2 4 Bathrooms | 2,614 2,734 Square Feet | View Floorplan Parke | 4-6 Bedrooms | 2.5-4 Bathrooms | 2,802-2,908 Square Feet I View FloorplanFall in love with the open-concept designs that flow from room to room, including spacious kitchens and family rooms filled with natural lighting. Keep scrolling to find out more details about each of these plans! Explore The Surrounding Area: Indianapolis and Franklin TownshipEmbrace the good life in a new home just 20 minutes away from Downtown Indianapolis. Dine out at locally loved restaurant on Mass Ave., stroll along the peaceful and scenic canal walk, and catch a game or concert at Lucas Oil Stadium. Downtown Indy offers a range of attractions and activities for everyone, and we're proud to offer new homes so close to here! But don't miss out on all the great spots just a short walk or drive away from your future home at Grayson. Within Franklin Township itself, you'll discover: Premier parks, like the 99-acre Franklin Township Community Park Indianapolis Zoo and Children s Museum Some local culinary f...

Builder

M/I Homes

Builder Incentives

  • Looking to move soon? Our Quick Move-In homes offer convenience, comfort, and modern design features—all ready when you are. Enjoy thoughtfully upgraded interiors, included appliances, and appealing financing options designed to make your transiti...
  • Move into a new home before the holidays. Increase your home buying power and decrease your rate for the first two years of your mortgage with M/I Financial, LLC. Learn more about our 2/1 Buydown offer on new homes that can sell by 11/30/2025.
  • Do you love your M/I Home? Share the experience with friends and family - invite them to become your neighbors and enjoy a special "thank you" from us when they purchase.

Sales Office

Hours
Monday
2:00 PM - 6:00 PM
Tuesday
11:00 AM - 6:00 PM
Wednesday
11:00 AM - 6:00 PM
Thursday
11:00 AM - 6:00 PM
Friday
11:00 AM - 6:00 PM
Saturday
11:00 AM - 6:00 PM
Sunday
12:00 PM - 6:00 PM
Sales Team
Sharon Huang
Michelle Rinear
Office Address
7311 Waylon Way
Indianapolis, IN 46239
Driving Directions

Move-In Ready

New construction homes available for immediate or near-term move in.

Plans

Choose your lot from one of these available plans.

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/11
Aubrey Plan
Starting at $320,990
4 Beds 2.5 Baths 2,262+ Sq Ft
2 Stories 2 - 3 Garages
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Updated Nov 14, 2025

Activity

Shares

143

Favorites

24

Standard Home Details

Interior Spaces

  • 2 Story
  • Mud Room
  • Formal Entry
  • Living Room
  • Open Floorplan
  • Dining Area
  • Loft
  • Flex Room

Kitchen

  • Walk-In Pantry
  • Dishwasher

Bedrooms and Bathrooms

  • Walk-In Closet
  • Powder Room

Laundry

  • Laundry Room
  • Laundry on upper level
  • Washer and Dryer

Parking

  • 2 Garage Spaces
  • Front Facing Garage

Additional Features

  • Front Porch
  • Single Family Detached Home

Community Details

Recreation

  • Community Playground
  • Park
  • Dog Park
  • Trails

Additional Features

  • No Home Owners Association

Map

Transit

Airport

Indianapolis International

37 min drive

Area Factors

Low Crime

Crime Score®

4 / 10

Somewhat Bikeable

Bike Score®®

28 / 100

Car-Dependent

Walk Score®®

4 / 100

Minimal Transit

Transit Score®®

0 / 100
Source: Walk Score
Source: Walk Score

Walk Score® measures the walkability of any address. Transit Score® measures access to public transit. Bike Score® measures the bikeability of any address. CAP Index provides objective, accurate, and consistent data to help measure, compare, and mitigate crime risks.

Learn How Walk Score Works

Environmental Factors

Active

Sound Score®®

80 / 100
Source: First Street, How Loud
Sources: First Street, How Loud

Sound Score® measures the noise level of any address. Environmental risk data is provided by First Street Foundation® and is designed to approximate risk and not intended to include all possible scenarios.

Schools

Source:
GreatSchools: The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process. View GreatSchools Rating Methodology
Disclaimer: Please note that this community may not be in these schools' attendance zones.

Parks in this Area

About the Builder

M/I Homes
M/I Homes has been building new homes of outstanding quality and superior design for many years. Founded in 1976 by Irving and Melvin Schottenstein, and guided by Irving’s drive to always “treat the customer right,” they’ve fulfilled the dreams of hundreds of thousands of homeowners and grown to become one of the nation’s leading homebuilders. Whole Home Building Standards. Forty years in the making, their exclusive building standards are constantly evolving, bringing the benefits of the latest in building science to every home they build. These exclusive methods of quality construction save energy and money while being environmentally responsible. Their homes are independently tested for energy efficiency and Whole Home certified. Clients get the benefits of a weather-tight, money saving, better-built home.
Learn More About M/I Homes
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New Homes Indiana Marion County Indianapolis 46239 Five Points
Grayson

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Builder
M/I Homes
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