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Palermo Gardens

GRAND OPENING
Total Views 4,482
3 - 5 Beds
2 - 3 Baths
1,434+ Sq Ft
$267K - $328K Price Range

Available Homes

Move-In Ready
Plans

Highlights

  • A- Franklin Central High School
  • Pickleball Courts
  • Trails

About Palermo Gardens

Welcome home to Ryan Homes at Palermo Gardens – the lowest-priced new single-family homes in Franklin Township. Don’t wait — demand is high. Schedule your private model tour to pick your favorite homesite, get floorplan details and receive the best available pricing. Imagine coming home to a brand-new space that’s actually yours — open, bright, and designed for the way you live now. Whether you’re renting an apartment, a townhome, or a single-family house, this is a chance to stop paying for someone else’s property and start building something of your own. No shared walls. No upstairs neighbors. Just your own home, your own yard, and room to grow. Palermo Gardens offers the most attainable new single-family homes in Franklin Township, making it easier than ever to make a smart move. Choose from homes with 3–5 bedrooms and up to 3 full baths, including options for open-concept layouts perfect for entertaining. Every home includes a 2-car garage and your own backyard. And the best part? Everything’s included: • Kitchen Appliances • Upgraded flooring in main living areas • Modern finishes and smart design • Backyards for cookouts, gardens, and family fun With easy access to downtown Indianapolis, everyday shopping and dining in Wanamaker, and the convenience of living close to everything Franklin Township has to offer, you’ll enjoy a location that works for both weekdays and weekends — without the congestion or cost of city living. Located in Franklin Township, Palermo Gardens puts you minutes from I-465, Southeastern Avenue, and I-74, making commutes to Downtown Indy and major job hubs easy. Enjoy weekends at Franklin Township Community Park, local dining, and nearby conveniences like New Bethel Ordinary Pizza, and Milk & Honey Coffee House. With homes starting in the mid $200s, Palermo Gardens offers unmatched value in a thriving location. Plus, with Frankl

Builder

Sales Office

Hours
Monday 11:00 AM - 6:00 PM
Tuesday - Wednesday Appointment Only
Thursday - Friday 11:00 AM - 6:00 PM
Saturday 12:00 PM - 6:00 PM
Sunday 12:00 PM - 5:00 PM
Office Address
4133 Palermo Dr
Indianapolis, IN 46239

Move-In Ready

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

$309,990
4 Beds 2.5 Baths 1,749 Sq Ft
4123 Palermo Dr
Move In 4/30/26
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$328,285
5 Beds 3 Baths 2,275 Sq Ft
4147 Palermo Ct
Move In 9/30/26
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Updated Apr 21, 2026

Plans

Choose your unit from one of these available plans.

Rosewood Plan
Starting at $266,990
3 Beds 2 Baths 1,434 Sq Ft
1 Story 2 Garages
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Sequoia Plan
Starting at $284,990
4 Beds 2.5 Baths 1,749 Sq Ft
2 Stories 2 Garages
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Torrey Plan
Starting at $299,990
4 Beds 2.5 Baths 1,946 Sq Ft
2 Stories 2 Garages
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Updated Apr 21, 2026

Activity

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Standard Home Details

Home Type

  • Single Family Detached Home

Year Built

  • New Construction

Parking

  • 2 Garage Spaces

Interior Spaces

  • 1,434 - 2,275 Sq Ft Home
  • 1 - 2 Stories

Additional Features

  • 3 - 5 Bedrooms

Community Details

Recreation

  • Pickleball Courts
  • Trails
  • Snow Removal

Additional Features

  • Lawn Maintenance Included

Community Map

Map

Transit

Airport

Indianapolis International

39 min drive

Area Factors

Low Crime

Crime Score®

2 / 10

Somewhat friendly

Bike Score®®

30 / 100

Not friendly

Walk Score®®

10 / 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®®

91 / 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

Ryan Homes operates as part of NVR, Inc.’s homebuilding division, headquartered in Reston. The brand develops and constructs single-family homes, townhomes, and condominiums across the region, serving a wide range of homebuyers. Founded in 1948, Ryan Homes has expanded from a small Pittsburgh-based builder into one of the largest U.S. homebuilding brands under the NVR umbrella. Its Virginia operations are supported from the Plaza America Drive office, which acts as the central location for administrative and customer-facing functions. The company provides guidance to prospective homebuyers through its dedicated sales and customer care channels and offers post-purchase resources for current homeowners. Ryan Homes is part of a publicly traded parent organization, NVR, Inc. (NYSE: NVR).
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Frequently Asked Questions

How many floor plans are available at Palermo Gardens?
How many move-in ready homes are available at Palermo Gardens?

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.

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