Total Views 62,449
3 - 5
Beds
2 - 3
Baths
1,434+
Sq Ft
$260K - $321K
Price Range
Available Homes
Move-In Ready
Plans
Highlights
- A- Franklin Central High School
- Great Room
- Pickleball Courts
- Covered Patio or Porch
- Walk-In Pantry
- Eat-In Kitchen
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 | Closed |
| Tuesday | 11:00 AM - 6:00 PM |
| Wednesday - Thursday | Appointment Only |
| 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.
Plans
Choose your unit from one of these available plans.
Activity
Shares
19Favorites
17Standard 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
- Great Room
- Dining Area
Kitchen
- Eat-In Kitchen
- Breakfast Bar
- Walk-In Pantry
- Kitchen Island
Bedrooms and Bathrooms
- 3 - 5 Bedrooms
- Walk-In Closet
- Split Vanities
Laundry
- Laundry Room
- Laundry on main level
Lot Details
- Minimum 5,001 Sq Ft Lot
- Minimum 40 Ft Wide Lot
Utilities
- Central Heating and Cooling System
- High Speed Internet
- Cable TV Available
Additional Features
- Covered Patio or Porch
- Front Facing Garage
Community Details
Recreation
- Pickleball Courts
- Trails
- Snow Removal
Additional Features
- Lawn Maintenance Included
Community Map
Map
Recently Sold Homes
Updated Sep 8, 2026
List Price Range
$271K - $620K
Homes For Sale
74
Average Home Value
$392,469
Median Lot Size
10,454 Sq Ft
% Renters
6%
Average Household Income
$134,273
% of College Grads
44.8%
Median Age
36
Average House Size
2,713 Sq Ft
% Commercial Property
6.5%
Transit
Area Factors
Somewhat bikeable
Bikeability
30
/ 100
Not walkable
Walkability
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.
- 9th to 12th
- Public
- 10 min drive
- Pre-K to 8th
- Private
- 8 min drive
Parks in this Area
Wolf Run Park
5 min drive
- Basketball
- Picnic Area
- Playground
Wildwood Park
6 min drive
Acton Park
9 min drive
Franklin Township Community Park
10 min drive
Raymond Park
11 min drive
- Baseball/Softball
- Basketball
- Pool
Southeastway Park
11 min drive
- Bike Trails
- Picnic Area
- Trails
Thompson Park
11 min drive
Indianapolis World Sports Park
11 min drive
- Basketball
- Pool
- Soccer
McNulty Park
12 min drive
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).
Is This Your Community?
Make sure your community details are up-to-date. Claim your listing and connect directly with buyers for free.
Claim CommunityFrequently 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.
Builder
Nearby Homes
- Sequoia Plan at Palermo Gardens
- Rosewood Plan at Palermo Gardens
- Torrey Plan at Palermo Gardens
- Woodford Plan at Palermo Gardens
- 9819 Palermo Ave
- 9729 Quattro Ave
- 4123 Palermo Dr
- 4127 Palermo Dr
- 9962 Mosaic Blue Way
- Westchester Plan at Wolf Ridge - Crossings
- Summit Plan at Wolf Ridge - Crossings
- Hampton Plan at Wolf Ridge - Summit
- Quincy Plan at Wolf Ridge - Summit
- Mitchell Plan at Wolf Ridge - Summit
- Greenfield Plan at Wolf Ridge - Crossings
- 4221 Blue Note Dr
- 4331 Robin Egg Ln
- 10038 Sundley Dr
- 9936 Deep Royal Way
- 4233 Evening Sky Ct
- 10640 E Thompson Rd
- 9110 E Thompson Rd
- 5637 Tart Blvd
- 8121 E Edgewood Ave
- 200 S Harbison Ave
- 10505 Indian Creek South Rd
- 10605 Indian Creek Rd S
- 9300 Brookville Rd
- 6531 Mossy Creek Ct
- 1705 Touchstone Way
- 1235 Touchstone Dr
- 11812 Southeastern Ave
- 1245 Touchstone Dr
- 1145 Touchstone Dr
- 5950 S Carroll Rd
- 5730 Fire Opal Way
- 9202 Novak Ct
- 1115 Touchstone Dr
- 0 W Stinemyer Rd Unit MBR22051655
- 6559 Stonepoint Way
- Wolf Ridge - Crossings
- Wolf Ridge - Summit
- Montgomery Woods
- Maple Street Collection in Emerald Preserve
- Sagebrook West - Villa Series
- Sagebrook West - Uptown Series
- Fields at New Bethel
- Edgewood Farms - West
- Eagle Manor
- Hickory Run - 40' Smart Series
- Village at New Bethel
- Edgewood Farms
- Hickory Run - Prestige Series
- Ridgefield
- Grayson
- Fields at Sugar Creek
- The Reserve
- Crossroads at Southport
- Grant's Corner - Single Family Homes
- Willow Ridge
Your Personal Tour Guide
Ask me questions while you tour the home.