$515,000
SOLD APR 8, 2025
5 Beds
3 Baths
3,516 Sq Ft
0.28 Acres

Recently Sold

$146 Per Sq Ft

10% Below List Price

106 Days on Market

Highlights

  • New Construction
  • Farmhouse Style Home
  • 3 Car Attached Garage
  • Franklin Central High School Rated A-
  • Breakfast Room
  • Walk-In Closet

About This Home

As of April 2025

Welcome to this stunning 5-bedroom, 3-bathroom new construction home located at 10544 Banyan Wood Court in Indianapolis, IN. Situated in a peaceful community, this impressive 2-story home is a masterpiece of modern design and comfort. As you step inside, you'll be greeted by a spacious open floorplan that seamlessly connects the living area, dining space, and kitchen. The kitchen is a chef's dream, featuring a convenient island that provides extra prep space and storage. Whether you're hosting gatherings or enjoying a quiet night in, this layout offers flexibility and functionality for your lifestyle. This new construction property boasts plenty of living space, providing ample room for relaxation and entertainment. The 3-car garage gives you convenient parking options for your vehicles and storage needs. The bedrooms are generously sized, offering a tranquil retreat for everyone in the household. The en-suite owner's bathroom provides a private oasis where you can unwind after a long day.

Last Agent to Sell the Property

Cassie Newman

M/I Homes of Indiana, L.P. Brokerage Email: cnewman@mihomes.com License #RB14025532 Listed on: 10/29/2024

Last Buyer's Agent

NAVJOT KAUR

CENTURY 21 Scheetz

CENTURY 21 Scheetz

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10

Year Built

  • Built in 2024 | New Construction

HOA Fees

  • $21 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Garage Door Opener

Home Design

  • Farmhouse Style Home
  • Slab Foundation
  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Fireplace With Gas Starter
  • Breakfast Room
  • Laundry Room

Kitchen

  • Electric Oven
  • Microwave
  • Dishwasher
  • Kitchen Island

Flooring

  • Carpet
  • Vinyl Plank

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet

Schools

  • Franklin Central Junior High

Additional Features

  • 0.28 Acre Lot
  • Forced Air Heating System

Community Details

  • Association Phone (317) 253-1401
  • Sagebrook West Subdivision
  • Property managed by Ardsley

Listing and Financial Details

  • Tax Lot 35
  • Assessor Parcel Number 491604110005005300
  • Seller Concessions Offered

Home Details

Home Type

Single Family

Est. Annual Taxes

$10

Year Built

Built in 2024 | New Construction

Lot Details

0

HOA Fees

$21 per month

Parking

3

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: Farmhouse
  • Builder Name: M/I Homes
  • Property Type: Residential
  • New Construction: Yes
  • Tax Year: 2023
  • Year Built: 2024
  • Building Area Total: 3516
  • Garage Y N: Yes
  • Lot Size Acres: 0.277
  • Subdivision Name: Sagebrook West
  • Inspection Warranties: Warranty Builders
  • Transaction Type: Sale
  • Accessibility Features YN: No
  • MBR_AttributionContact: cnewman@mihomes.com
  • Attribution Contact: cnewman@mihomes.com
  • Special Features: NewHome

Interior Features

  • Basement: No
  • Appliances: Dishwasher, Microwave, Electric Oven
  • Levels: Two
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Total Bedrooms: 5
  • Fireplace Features: Gas Starter
  • Fireplaces: 1
  • Interior Amenities: Center Island, Pantry, Walk-in Closet(s)
  • Living Area: 3516
  • Main Level Bedrooms: 1
  • Eating Area: Breakfast Room
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 1
  • Main Level Sq Ft: 1588
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Upper Level Sq Ft: 1928
  • ResoLivingAreaSource: Builder
  • Rooms Basement: 0

Exterior Features

  • Construction Materials: Vinyl Siding
  • Foundation Details: Slab
  • List Price: 527990
  • Property Condition: New Construction
  • Construction Stage: Completed

Garage/Parking

  • Garage Spaces: 3
  • Parking Features: Attached, Garage Door Opener
  • Garage Sq Ft: 656

Utilities

  • Heating: Forced Air, Natural Gas
  • Laundry Features: Laundry Room
  • Water Source: Municipal/City
  • Solid Waste: No

Condo/Co-op/Association

  • Association Fee: 250
  • Association Fee Frequency: Annually
  • Association Phone: 317-253-1401
  • Association YN: Yes
  • Management Company Name: Ardsley

Schools

  • Middle Or Junior School: Franklin Central Junior High

Lot Info

  • Property Attached Yn: No
  • Horse Amenities: None
  • Lot Size Sq Ft: 12080
  • Parcel Number: 491604110005005300
  • Acres: 1/4-1/2 Acre
  • Price Acre: 1859206

Green Features

  • Green Certification Y N: No

Tax Info

  • Tax Lot: 35
  • Semi Annual Property Tax Amt: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 29, 2024
Closed on
Apr 8, 2025
Sold by
M/I Homes Of Indiana Lp
Bought by
Sikka Rishu and Sikka Shaweta
Seller's Agent
Cassie Newman
M/I Homes of Indiana, L.P.
Buyer's Agent
NAVJOT KAUR
CENTURY 21 Scheetz
List Price
$569,990
Sold Price
$515,000
Premium/Discount to List
-$54,990
-9.65%
Views
44
Current Estimated Value
$514,188

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$812
Avg. Annual Appreciation
5.80%
Original Mortgage
$505,672
Outstanding Balance
$505,672
Interest Rate
6.76%
Mortgage Type
FHA
Estimated Equity
$18,995
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- Trans Ohio Residential Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $505,672 FHA
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/08/2025 04/08/25 Sold $515,000 -2.5% $146 / Sq Ft
02/12/2025 02/12/25 Pending -- -- --
02/06/2025 02/06/25 Price Changed $527,990 -0.4% $150 / Sq Ft
01/09/2025 01/09/25 Price Changed $529,990 -1.9% $151 / Sq Ft
12/19/2024 12/19/24 Price Changed $539,990 -2.7% $154 / Sq Ft
12/06/2024 12/06/24 Price Changed $554,990 -0.9% $158 / Sq Ft
11/22/2024 11/22/24 Price Changed $559,990 -1.8% $159 / Sq Ft
10/29/2024 10/29/24 For Sale $569,990 -- $162 / Sq Ft
Source: MIBOR Broker Listing Cooperative®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $10 $600 $600 --
2023 $10 $400 $400 $0
2022 -- $400 $400 --
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 22009071

MIBOR Broker Listing Cooperative®

APN: 49-16-04-110-005.005-300