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ABOUT THIS HOME
Discover this stunning new construction home at 3937 Teakmill Trail in Franklin Township. This impressive 2-story home features thoughtfully designed living spaces, perfect for today's lifestyle. Inside, you'll find 4 bedrooms, 2.5 bathrooms, a flex room, a walk-in kitchen pantry, a loft, an owner's en-suite bathroom, and so much more! The open-concept living space creates seamless flow between the main areas, ideal for both daily living and entertaining. The owner's bedroom is conveniently located on the upper level, providing privacy and comfort. Each of the 4 bedrooms offers ample space and natural light. The home's design emphasizes both functionality and style, with careful attention to detail evident in every room. The well-planned layout maximizes the use of space while maintaining an inviting atmosphere throughout. Located in a sought-after Indianapolis neighborhood, this home offers convenient access to local parks and recreational facilities. The area provides a wonderful balance of suburban tranquility while remaining close to city amenities. This new construction home represents an excellent opportunity to own a quality-built residence in a desirable Indianapolis location. The combination of spacious living areas, practical design, and established neighborhood setting makes 3937 Teakmill Trail an outstanding choice!
$373,990
$375,990
Discover this stunning new construction home at 3937 Teakmill Trail in Franklin Township. This impressive 2-story home features thoughtfully designed living spaces, perfect for today's lifestyle. Inside, you'll find 4 bedrooms, 2.5 bathrooms, a flex room, a walk-in kitchen pantry, a loft, an owner's...
2,802
Sq Ft
2026
Year Built
4
Bedrooms
2.1
Bathrooms
Key things to know
- Sold 0.5% below list in 22 days
- New construction
- Grayson subdivision
Sold
$373,990
-$2,000 below list (-0.5%)
- Closed
- Apr 27, 2026
- Listed at
- $375,990
- Sold
- 2 weeks ago
- Sold in
- 22 days
Price history
- Sold$373,990
Apr 27, 2026
- Price reduced$375,990 → $373,990
Feb 23, 2026
- Listedat $375,990
Feb 10, 2026
Grayson · activity
past 6 months
- Sold
- 10
- Median price
- $339,990
- Median DOM
- 80 days
Recent comparable sales

$395,000
4444 Goose Rock Drive
5bd · 4ba · 3,108 sqft
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$320,000
5322 Montavia Lane
4bd · 3ba · 2,652 sqft
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$234,000
3125 Danube Way
4bd · 3ba · 2,035 sqft
Sold May 2026

$248,000
8238 Spring Wind Drive
4bd · 3ba · 2,035 sqft
Sold May 2026

$690,000
5239 Five Points Road
4bd · 3ba · 2,832 sqft
Sold May 2026
Comparative value
5 comps in this range
This home is 17% above median for similar nearby sales.
FEATURES & AMENITIES
Interior
Exterior
Climate
THE FACTS
Pricing trajectory, room-by-room layout, schools, and what's nearby.
Price history
$375,990Listed· Feb 10, 2026
$373,990Reduced
↓ $2,000 (0.5% off original)
22 days on market
Layout
Primary suite
Closet Walk in
Primary bath
Sinks Double
Schools
Franklin Township Com Sch Corp
Elementary
Thompson Crossing Elementary Sch
Middle
Franklin Central Junior High
High
Franklin Central High School
Neighborhood
- Downtown Indianapolis7.4 mi
- IU Health North Hospital17.4 mi
- Monon Trail (Carmel)17.6 mi
- Fishers High School17.6 mi
- Conner Prairie17.8 mi
- Carmel High School18.2 mi
PROPERTY DETAILS
Living Area
2,802 sq ft
Year Built
2026
Stories
Two
Subdivision
Grayson
Bedrooms
4
Bathrooms
2 full, 1 half
Garage
2 spaces
School District
Franklin Township Com Sch Corp

