Alden Plan

NEW CONSTRUCTION BUILDER INCENTIVES

Starting from $315,990 Grayson Indianapolis, IN 46239

Five Points Neighborhood

Estimated payment starting at $2,164/month

Total Views 3,291

3 Beds

2 Baths

1,615 Sq Ft

$196 Price per Sq Ft

Highlights

New Construction
Primary Bedroom Suite
Mud Room
Franklin Central High School Rated A-
Loft
Breakfast Area or Nook

About This Floor Plan

The Alden is a smart single-story home featuring open living spaces, a private owner’s suite, and flexible options like an electric fireplace, morning room, or flex space. With thoughtful upgrades available throughout, this plan is designed to adapt perfectly to your lifestyle.

Builder

M/I Homes

Builder Incentives

It's time to huddle up and take a second look at those new homes on your roster. Our seasonal offers allow you to move into your new home before the end of the year, just in time for the holiday season.

Mortgage Rate Buy Down

Lock in confidence for your new home. With our limited-time extended rate lock program through M/I Financial, LLC, you can enjoy added peace of mind throughout your homebuying journey.

Sales Office

Hours

Monday	12:00 PM - 6:00 PM
Tuesday - Thursday	11:00 AM - 6:00 PM
Friday	Appointment Only
Saturday	11:00 AM - 6:00 PM
Sunday	12:00 PM - 6:00 PM

Sales Team

Sharon Huang

Michelle Rinear

Office Address

7311 Waylon Way

Indianapolis, IN 46239

Driving Directions

Home Details

Home Type

Single Family

Lot Details

Minimum 6,729 Sq Ft Lot
Minimum 30 Ft Wide Lot

HOA Fees

$64 Monthly HOA Fees

Parking

2 Car Attached Garage
Front Facing Garage

Taxes

No Special Tax

Home Design

New Construction

Interior Spaces

1,615 Sq Ft Home
1-Story Property
Mud Room
Formal Entry
Living Room
Open Floorplan
Dining Area
Loft
Flex Room

Kitchen

Breakfast Area or Nook
Walk-In Pantry
Dishwasher

Bedrooms and Bathrooms

3 Bedrooms
Primary Bedroom Suite
Walk-In Closet
Powder Room
2 Full Bathrooms
Bathtub with Shower
Walk-in Shower

Laundry

Laundry Room
Laundry on upper level
Washer and Dryer

Outdoor Features

Front Porch

Community Details

Recreation

Community Playground
Park
Dog Park
Trails

Home Details

Home Type

Single Family

Lot Details

6,729 Sq Ft Lot

HOA Fees

$64 per month

Parking

Listing Details

Bathtub with Shower: Bathtub with Shower
Property Sub Type: Single Family Residence
Property Type: Residential Plan
Community Features: Park, Trails, Community Playground, Dog Park
Lot Features: Yard
Standard Status: Active
Subdivision Name: Grayson
Directions: From the North: Take I-465 S / I-69 to Old U.S. 421 W in Indianapolis Take Exit 49 from I-465 S / I-69 Take Southeastern Ave, then turn right onto E Hanna Ave Grayson will be on your right
Interior Amenities: Powder Room, Walk-in Shower, Walk-In Closet, Primary Bedroom Suite, Walk-In Pantry, Breakfast Area or Nook, Combination Kitchen and Dining Room, Dining Area, Family and Dining Combination
Is New Construction?: Yes
Room Types: Flex Room, Formal Entry, Living Room, Loft
PlanType: SingleFamily
Land Value Excluded: No
Bathrooms Full Min: 2
Bathrooms Full Max: 2
Bedrooms Min: 3
Bedrooms Max: 3
Living Area Min: 1615.000
Living Area Max: 1615.000
Community Description: Grayson in Franklin Township offers new single-family homes on the southeast side of Indianapolis, blending suburban comfort with quick access to major city attractions. Set near local parks, dining, and everyday conveniences, the community provides an easygoing lifestyle just 20 minutes from Downtown Indy.The Essential Series features a selection of two-story floorplans with open main-level living, spacious kitchens, and plenty of natural light. A new phase of homesites includes peaceful water views, adding to the neighborhood’s inviting setting.Residents can enjoy nearby recreation such as the 99-acre Franklin Township Community Park, along with popular local restaurants and family-friendly destinations. Located within Franklin Township, Grayson offers a connected, relaxed place to call home with thoughtfully designed spaces for modern living.
Special Features: 8194

Interior Features

Appliances: Kitchen Range
Full Bathrooms: 2
Total Bedrooms: 3
Stories: 1

Exterior Features

Builder Name: M/I Homes - Indianapolis
Patio And Porch Features: Front Porch

Garage/Parking

Garage Spaces: 2
Parking Features: Direct Access Garage, Garage, Attached Garage
Garage Entry: Front

Utilities

Laundry Features: Laundry located on upper level, Laundry Room, Mud Room, Washer And Dryer, Washer And Dryer Hookup

Condo/Co-op/Association

HOA: True
Homeowner Association Monthly Fee: 64.000

Lot Info

Lot Size Acres: 0.154482
Lot Size Sq Ft: 6729.235920
Lot Size Width: 30.000

Community Website

Community Map

Map

Other Plans in Grayson

Ellison Plan

Starting at $319,990
- 3 Beds
- 2.5 Baths
- 1,878 Sq Ft
- 1 Story
- 2 Car Garages
Ellison Plan

Sawyer Plan

Starting at $314,990
- 3 Beds
- 2.5 Baths
- 1,957 Sq Ft
- 2 Stories
- 2 Car Garages
Sawyer Plan

Brooklyn Plan

Starting at $317,990
- 3 - 4 Beds
- 2.5 Baths
- 2,128+ Sq Ft
- 2 Stories
- 2 - 3 Car Garages
Brooklyn Plan

Aubrey Plan

Starting at $322,990
- 4 Beds
- 2.5 Baths
- 2,262+ Sq Ft
- 2 Stories
- 2 - 3 Car Garages
Aubrey Plan

Peyton Plan

Starting at $329,990
- 4 Beds
- 2.5 Baths
- 2,388+ Sq Ft
- 2 Stories
- 2 Car Garages
Peyton Plan

Juliet Plan

Starting at $339,990
- 4 - 6 Beds
- 2.5 - 4.5 Baths
- 2,614+ Sq Ft
- 2 Stories
- 2 - 3 Car Garages
Juliet Plan

Parke Plan

Starting at $350,990
- 4 - 6 Beds
- 2.5 - 4.5 Baths
- 2,802+ Sq Ft
- 2 Stories
- 2 Car Garages
Parke Plan

Plan History

Date	Event	Price	List to Sale	Price per Sq Ft
06/23/2026 06/23/26	Price Changed	$315,990	+0.3%	$196 / Sq Ft
05/28/2026 05/28/26	Price Changed	$314,990	+4.7%	$195 / Sq Ft
05/08/2026 05/08/26	Price Changed	$300,990	+0.3%	$186 / Sq Ft
04/29/2026 04/29/26	For Sale	$299,990	--	$186 / Sq Ft

Source: M/I Homes

About the Builder

M/I Homes

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.

Learn More about M/I Homes

Frequently Asked Questions

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Indiana Marion County Indianapolis 46239 Five Points

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