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$509,990
SOLD FEB 24, 2026
Verified Move-In Ready Home Verified badge confirms data from builder

5228 Dragon Tree Ln Indianapolis, IN 46239

Sagebrook West - Prestige Series

Estimated payment $3,446/month

Total Views 26,780
5 Beds
3 Baths
3,252 Sq Ft
$157 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 op... MLS# 22057962

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2025 | New Construction
  • Expected Delivery October 2025

Lot Details

  • 8,971 Sq Ft Lot

HOA Fees

  • $57 Monthly HOA Fees

Parking

  • 3 Car Garage

Taxes

  • No Special Tax

Interior Spaces

  • 2-Story Property

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Community Details

Recreation

  • Community Playground
  • Trails

Home Details

Home Type

Single Family

Year Built

Built in 2025 | New Construction

Lot Details

8,971 Sq Ft Lot

HOA Fees

$57 per month

Parking

3

Listing Details

  • Property Sub Type: Single Family Residence
  • Property Type: Residential Spec
  • Community Features: Trails, Community Playground
  • MLS Status: Active, Sold
  • Standard Status: Closed
  • Subdivision Name: Sagebrook West - Prestige Series
  • Directions: Take I-465 to I-74 E Take Exit 99 for Acton Rd Turn left onto Acton Rd Turn left onto Southeastern Ave Turn right onto Senour Rd
  • Is New Construction?: Yes
  • PlanUrl: https://www.mihomes.com/new-homes/indiana/indianapolis-metro/indianapolis/sagebrook-west/glendale-plan?utm_source=Homes.com
  • PlanType: Residential
  • Community Description: Sagebrook West in southeast Indianapolis offers new single-family homes and low-maintenance ranch villas in a peaceful Franklin Township setting. Surrounded by wooded and pond-view homesites, the community provides a quiet atmosphere with quick access to major routes and Downtown Indianapolis.Homes feature thoughtful, modern designs suited for a range of lifestyles, from spacious two-story plans to easy-living villas with outdoor spaces and included exterior maintenance. Walking trails, a playground, pond views, and a picnic shelter create inviting places to relax and connect close to home.Located within the Franklin Township Community School Corporation, the neighborhood offers families access to highly regarded schools. With nearby parks, golf, dining, and entertainment, Sagebrook West blends natural beauty, convenience, and a comfortable everyday lifestyle.
  • Special Features: NewHome

Interior Features

  • Full Bathrooms: 3
  • Total Bedrooms: 5
  • Stories: 2

Exterior Features

  • Builder Name: M/I Homes - Indianapolis

Garage/Parking

  • Garage Spaces: 3

Condo/Co-op/Association

  • HOA: True
  • Homeowner Association Monthly Fee: 57.000

Lot Info

  • Lot Size Acres: 0.205937

Matterport 3D Tour

Community Map

Map

Other Move In Ready Homes in Sagebrook West - Prestige Series

  • 5238 Jacaranda Dr

    $499,990

    • 5 Beds
    • 3 Baths
    • 3,477 Sq Ft
    5238 Jacaranda Dr
    • 8,580 Sq Ft
    • Available Now
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  • 10429 Oak Bend Blvd

    $574,990

    • 5 Beds
    • 3 Baths
    • 3,617 Sq Ft
    10429 Oak Bend Blvd
    • 9,930 Sq Ft
    • Move in 11/20/26
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Property History

Date Event Price List to Sale Price per Sq Ft
02/24/2026 02/24/26 Sold $509,990 0.0% $157 / Sq Ft
02/19/2026 02/19/26 Off Market $509,990 -- --
10/24/2025 10/24/25 Price Changed $509,990 -1.9% $157 / Sq Ft
10/17/2025 10/17/25 Price Changed $519,990 -1.0% $160 / Sq Ft
09/25/2025 09/25/25 Price Changed $524,990 -0.9% $161 / Sq Ft
09/11/2025 09/11/25 Price Changed $529,990 -0.9% $163 / Sq Ft
07/31/2025 07/31/25 Price Changed $534,990 -3.5% $165 / Sq Ft
07/18/2025 07/18/25 For Sale $554,560 -- $171 / Sq Ft
Source: M/I Homes

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.
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Frequently Asked Questions

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