BUILDER INCENTIVES
Total Views 883,255
3 - 6
Beds
2 - 4.5
Baths
1,615+
Sq Ft
$315K - $395K
Price Range
Available Homes
Move-In Ready
Plans
Highlights
- A- Franklin Central High School
- Community Playground
- Park
- Trails
About Grayson
Grayson in Franklin Township offers new single-family homes on the southeast side of Indianapolis, blending suburban comfort with quick access to major city attractions. Set near local parks, dining, and everyday conveniences, the community provides an easygoing lifestyle just 20 minutes from Downtown Indy.The Essential Series features a selection of two-story floorplans with open main-level living, spacious kitchens, and plenty of natural light. A new phase of homesites includes peaceful water views, adding to the neighborhood’s inviting setting.Residents can enjoy nearby recreation such as the 99-acre Franklin Township Community Park, along with popular local restaurants and family-friendly destinations. Located within Franklin Township, Grayson offers a connected, relaxed place to call home with thoughtfully designed spaces for modern living.
Builder
Builder Incentives
Increase your home-buying power and decrease your rate with 1/0 buydown, featuring first-year rates as low as 3.875% Rate* / 5.6362% APR* on a 30-Year Fixed Rate FHA* and 4.50% Rate** / 5.7584% APR** on a 30-Year Fixed Rate Conventional Loan** , o...
Lock in confidence for your new home. With our limited-time extended rate lock program through M/I Financial, LLC, you can enjoy added peace of mind throughout your homebuying journey.
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 | 12:00 PM - 6:00 PM |
| Tuesday - 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 unit from one of these available plans.
Activity
Shares
117Favorites
45Standard Home Details
Home Type
- Single Family Detached Home
Taxes
- No Special Tax
Year Built
- New Construction
Parking
- 2 Garage Spaces
HOA Fees
- $64/month
Interior Spaces
- 1,615 - 2,908 Sq Ft Home
- 1 - 2 Stories
Additional Features
- 3 - 6 Bedrooms
Community Details
Recreation
- Community Playground
- Park
- Dog Park
- Trails
Community Map
Map
Recently Sold Homes
Updated Aug 28, 2026
List Price Range
$168K - $383K
Homes For Sale
33
Average Home Value
$250,059
Median Lot Size
6,969 Sq Ft
% Renters
29%
Average Household Income
$87,911
% of College Grads
30.2%
Median Age
32
Average House Size
1,769 Sq Ft
% Commercial Property
17.8%
Transit
Area Factors
Low Crime
Crime
4
/ 10
Fairly bikeable
Bikeability
40
/ 100
Somewhat walkable
Walkability
30
/ 100
Source: Local Logic
Sources: Local Logic
Local Logic measures the walkability, access to public transit and bikeability of any address. CAP Index provides objective, accurate, and consistent data to help measure, compare, and mitigate crime risks.
Environmental Factors
Calm
Sound Score®
82
/ 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
Wildwood Park
2 min drive
Thompson Park
5 min drive
McNulty Park
6 min drive
Wolf Run Park
7 min drive
- Basketball
- Picnic Area
- Playground
Franklin Township Community Park
7 min drive
Hartman Park
9 min drive
Tolin-Akeman Park
9 min drive
Raymond Park
10 min drive
- Baseball/Softball
- Basketball
- Pool
Don Challis Park
10 min drive
About the Builder
M/I Homes began in 1976 in Columbus, Ohio, when Melvin and Irving Schottenstein founded the company. The business builds single-family homes and has expanded beyond its original market to serve numerous communities across the United States. M/I Homes also provides mortgage financing through M/I Financial and supports homebuyers with title insurance-related services. The company presents its work around quality construction, customer service, and homebuying support as core parts of its business.
Frequently Asked Questions
How many homes are planned at Grayson
What are the HOA fees at Grayson?
How many floor plans are available at Grayson?
How many move-in ready homes are available at 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
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Your Personal Tour Guide
Ask me questions while you tour the home.