$534,990
NEW CONSTRUCTION

Estimated payment $3,489/month

Total Views 6,197
5 Beds
3.5 Baths
3,214 Sq Ft
$166 Price per Sq Ft

Highlights

  • New Construction
  • Community Playground
  • Trails
  • Franklin Central High School Rated A-

About This Home

Welcome to 5228 Dragon Tree Lane in Indianapolis, where this stunning new construction home by M/I Homes offers 3,214 square feet of thoughtfully designed living space.
 
Home Features:

3-car garage
5 bedrooms, 3 full bathrooms
First-floor guest suite
Gathering room extension
Gas fireplace
Kitchen with an island and spacious walk-in pantry
Morning room
Loft
Full basement

This beautiful new construction home showcases exceptional attention to detail and superior design quality. The flowing open-concept layout creates a welcoming atmosphere while maintaining functional living spaces for everyday life. The home's thoughtful design balances style with practicality, offering room for both relaxation and entertainment.
 
The upper level features the owner's bedroom, providing a private retreat away from the main living areas with its own en-suite bathroom. With 5 bedrooms in total, there's ample space for family members, guests, or home offices. The 3 well-appointed bathrooms are strategically placed throughout the home for maximum convenience.
 
Clean lines and quality fixtures enhance the overall aesthetic while ensuring durability for years to come. The home's design incorporates today's most desired features while maintaining timeless appeal that will endure for generations.
 
Located in a charming neighborhood at 5228 Dragon Tree Lane in Indianapolis, this home represents an exceptional opportunity for discerning ...

Home Details

Home Type

  • Single Family

Parking

  • 3 Car Garage

Home Design

  • New Construction
  • Quick Move-In Home
  • Glendale Plan

Interior Spaces

  • 3,214 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 5 Bedrooms

Listing and Financial Details

  • Home Available for Move-In on 10/2/25

Community Details

Overview

  • Actively Selling
  • Built by M/I Homes
  • Sagebrook West Subdivision

Recreation

  • Community Playground
  • Trails

Sales Office

Office Hours

  • Mon 2pm-6pm; Tue-Sat 11am-6pm; Sun 12pm-6pm

Home Details

Home Type

Single Family

Lot Details

0

Parking

3

Listing Details

  • Bedrooms: Beds: 5
  • BathsCombined: 3
  • Office Phone: 317-210-4677
  • Property Type: Residential
  • Property Sub-Type: Single-family Detached
  • New Construction: True
  • Homebuilder: M/I Homes
  • Garages: 3
  • Model Name: Glendale
  • Builder Office Hours: Mon 2pm-6pm; Tue-Sat 11am-6pm; Sun 12pm-6pm
  • Community Status: Active
  • Spec Street: 5228 Dragon Tree Lane
  • Spec City: Indianapolis
  • Spec State: IN
  • Spec Zip: 46239
  • Spec Latitude: 39.693036
  • Spec Longitude: -85.978532
  • Community Street: 10732 Oak Bend Boulevard
  • Community City: Indianapolis
  • Community State: IN
  • Community Zip: 46239
  • Community Latitude: 39.693036
  • Community Longitude: -85.978532
  • Stories: 2
  • Move In Date: 10/02/2025
  • Special Features: NewHome
  • Property Sub Type: Detached

Interior Features

  • Full Bathrooms: 3
  • Half Bathrooms: 1

Exterior Features

  • Office Street: 10715 Mangrove Drive
  • Office City: Indianapolis
  • Office State: IN
  • Office Zip: 46239

Association/Amenities

  • HOA Amenities: Playground, Trails

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/31/2025 07/31/25 Price Changed $534,990 -3.5% $166 / Sq Ft
07/03/2025 07/03/25 Price Changed $554,560 -4.6% $173 / Sq Ft
06/12/2025 06/12/25 For Sale $581,560 -- $181 / Sq Ft