$404,990
PENDING NEW CONSTRUCTION $20K PRICE DROP

Estimated payment $2,764/month

Total Views 1,086
5 Beds
3 Baths
2,719 Sq Ft
$149 Price per Sq Ft

Highlights

  • Under Construction
  • Covered Patio or Porch
  • Walk-In Closet
  • Franklin Central High School Rated A-
  • 2 Car Attached Garage
  • Laundry Room

About This Home

Discover this impressive new construction home at 6131 Paperbark Way in Indianapolis. Located within the Franklin Township Community School Corporation, this stunning 2-story home offers exceptional space and thoughtful design throughout. With 5 bedrooms, 3 full bathrooms, a first-floor guest suite, an electric fireplace in the gathering room, a loft, and a 2-car garage, there's so much to love about this home! This well-designed home features a floorplan that maximizes both privacy and gathering spaces. The upstairs owner's bedroom provides a peaceful retreat, while the additional 4 bedrooms offer flexibility for family, guests, or home office needs. The open-concept living area creates seamless flow between spaces, making it ideal for both intimate family moments and larger gatherings. Every detail has been carefully considered to provide comfort and functionality for today's lifestyle. 6131 Paperbark Way represents an excellent opportunity to be the first owner of a beautifully crafted home in Indianapolis. The combination of spacious living areas, thoughtful design, and prime location makes this an exceptional choice!

Listing Agent

Jennifer Mencias

M/I Homes of Indiana, L.P. Brokerage Email: jmencias@mihomes.com License #RB24000921 Listed on: 06/01/2026

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2026 | Under Construction

Lot Details

  • 10,212 Sq Ft Lot

HOA Fees

  • $55 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • Slab Foundation
  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Electric Fireplace
  • Family Room with Fireplace
  • Combination Kitchen and Dining Room
  • Attic Access Panel
  • Smart Thermostat

Kitchen

  • Gas Oven
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Carpet
  • Vinyl Plank

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet
  • Dual Vanity Sinks in Primary Bathroom

Laundry

  • Laundry Room
  • Laundry on upper level

Outdoor Features

  • Covered Patio or Porch
  • Exterior Lighting

Schools

  • Acton Elementary School
  • Franklin Central Junior High
  • Lillie Idella Kitley Intermediate
  • Franklin Central High School

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater

Community Details

  • Association fees include home owners
  • Association Phone (317) 251-9393
  • Hickory Run Subdivision
  • Property managed by Sentry Management

Listing and Financial Details

  • Tax Lot 58
  • Assessor Parcel Number 491609113013052300

Home Details

Home Type

Single Family

Year Built

Built in 2026 | Under Construction

Lot Details

10,212 Sq Ft Lot

HOA Fees

$55 per month

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: Other
  • Builder Name: M/I Homes
  • Property Type: Residential
  • New Construction: Yes
  • Tax Year: 2025
  • Year Built: 2026
  • Building Area Total: 2719
  • Garage Y N: Yes
  • Lot Size Acres: 0.23
  • Subdivision Name: Hickory Run
  • Inspection Warranties: Warranty Builders
  • Transaction Type: Sale
  • Website: https://www.mihomes.com/new-homes/indiana/indianapolis-metro/indianapolis/hickory-run/foster-plan/6131-paperbark-way
  • Accessibility Features YN: No
  • Website: sentrymgt.com
  • Attribution Contact: jmencias@mihomes.com
  • Special Features: 4098

Interior Features

  • Basement: No
  • Appliances: Dishwasher, Electric Water Heater, Disposal, Microwave, Gas Oven
  • Levels: Two
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Total Bedrooms: 5
  • Fireplace Features: Electric, Family Room
  • Fireplaces: 1
  • Interior Amenities: Attic Access, Bath Sinks Double Main, Kitchen Island, Pantry, Smart Thermostat, Walk-In Closet(s)
  • Living Area: 2719
  • Other Equipment: None
  • Window Features: Vinyl Windows
  • Areas Interior: Laundry in Unit
  • Eating Area: Dining Combo/Kitchen
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 1
  • Main Level Sq Ft: 1175
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Upper Level Sq Ft: 1544
  • MBR_RoomFlooring: Vinyl Plank
  • MBR_RoomFlooring: Vinyl Plank
  • MBR_RoomFlooring: Vinyl Plank
  • MBR_RoomFlooring: Carpet
  • MBR_RoomFlooring: Carpet
  • MBR_RoomFlooring: Carpet
  • MBR_RoomFlooring: Carpet
  • MBR_RoomFlooring: Carpet
  • MBR_RoomFlooring: Carpet
  • MBR_RoomFlooring: Vinyl Plank

Exterior Features

  • Construction Materials: Vinyl Siding
  • Direction Faces: West
  • Exterior Features: Lighting
  • Foundation Details: Slab
  • Patio And Porch Features: Covered, Patio
  • Property Condition: New Construction, Under Construction
  • View Y N: No
  • Waterfront: No
  • Construction Stage: Completed

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Attached, Garage Door Opener
  • Garage Parking Other: Garage Door Opener

Utilities

  • Utilities: Cable Available, Electricity Connected, Natural Gas Available, Sewer Connected, Water Connected
  • Cooling: Central Air
  • Heating: Forced Air
  • Laundry Features: Laundry Room, Upper Level
  • Water Source: Public
  • Solid Waste: No

Condo/Co-op/Association

  • Association Amenities: Dog Park, Playground
  • Association Fee: 330
  • Association Fee Frequency: Semi-Annually
  • Association Phone: 317-251-9393
  • Association YN: Yes
  • Management Company Name: Sentry Management

Fee Information

  • Association Fee Includes: Association Home Owners

Schools

  • Middle Or Junior School: Franklin Central Junior High
  • MBR_IntermediateSchool: Lillie Idella Kitley Intermediate

Lot Info

  • Lot Features: Sidewalks
  • Property Attached Yn: No
  • Horse Amenities: None
  • Lot Size Sq Ft: 10212
  • Parcel Number: 491609113013052300
  • Acres: <1/4 Acre

Green Features

  • Smart Home Features: Thermostat - Programmable

Tax Info

  • Tax Lot: 58
  • Semi Annual Property Tax Amt: 0
  • Tax Exemption: None

MLS Schools

  • Elementary School: Acton Elementary School
  • High School: Franklin Central High School

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/18/2026 09/18/26 Sold $404,990 0.0% $149 / Sq Ft View Prior Sale
09/18/2026 09/18/26 For Sale $404,990 0.0% $149 / Sq Ft
09/15/2026 09/15/26 Off Market $404,990 -- --
08/11/2026 08/11/26 Price Changed $404,990 -1.2% $149 / Sq Ft
07/31/2026 07/31/26 Price Changed $409,990 -1.2% $151 / Sq Ft
07/17/2026 07/17/26 Price Changed $414,990 -1.2% $153 / Sq Ft
06/11/2026 06/11/26 Price Changed $419,990 -1.2% $154 / Sq Ft
05/30/2026 05/30/26 Price Changed $424,990 -0.7% $156 / Sq Ft
05/01/2026 05/01/26 Price Changed $427,990 -2.2% $157 / Sq Ft
03/27/2026 03/27/26 Price Changed $437,530 +0.2% $161 / Sq Ft
02/17/2026 02/17/26 Price Changed $436,530 +1.1% $161 / Sq Ft
01/23/2026 01/23/26 Price Changed $431,760 +0.2% $159 / Sq Ft
01/22/2026 01/22/26 For Sale $430,760 -- $158 / Sq Ft
Source: MIBOR Broker Listing Cooperative®

Source: MIBOR Broker Listing Cooperative®

MLS Number: 22105450

MIBOR Broker Listing Cooperative®
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