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Sheldon Barnes is a Carmel realtor and licensed real estate agent serving Indianapolis, Indiana and the rest of Hamilton County. Book a private tour of 5526 Aspen Wood Lane in Sagebrook West, ask any question about this home, or talk through what you should know about buying in Indianapolis.

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ABOUT THIS HOME

Discover this stunning new construction villa home for sale in Franklin Township. This thoughtfully designed home offers exceptional comfort and functionality for your lifestyle. Key features include 3 bedrooms, 2 bathrooms, an open-concept living space, an electric fireplace, a 6' veranda extension, a 2-car garage, and more! The home's floorplan maximizes space and flow, creating an inviting atmosphere from the moment you enter. The open-concept design seamlessly connects the main living areas, making it ideal for both relaxation and hosting guests. The owner's suite features a deluxe owner's bath upgrade and a walk-in closet. The additional bedrooms provide flexibility for family, guests, or home office space. The 2 full bathrooms are strategically placed to serve the home's layout efficiently. This home is situated in a desirable Indianapolis neighborhood known for its quality of design and family-friendly atmosphere. The area offers excellent proximity to parks, providing convenient access to outdoor recreation and green spaces for active lifestyles. Experience the benefits of new construction living in this well-designed Indianapolis villa home, where modern convenience meets comfortable living!

Listed by Jennifer Mencias· M/I Homes of Indiana, L.P.· MLS# 22066066
Recently SoldSold in 182 days

$305,990

$339,990

3Beds
2Baths
1,716Sq Ft

Discover this stunning new construction villa home for sale in Franklin Township. This thoughtfully designed home offers exceptional comfort and functionality for your lifestyle. Key features include 3 bedrooms, 2 bathrooms, an open-concept living space, an electric fireplace, a 6' veranda extension...

Listed by Jennifer Mencias· M/I Homes of Indiana, L.P.· MLS# MBR22066066

1,716

Sq Ft

2025

Year Built

3

Bedrooms

2

Bathrooms

Key things to know

  • Sold 13% below list in 182 days
  • New construction
  • Fireplace
  • Sagebrook West subdivision

Sold

$294,990

-$45,000 below list (-13.2%)

Closed
May 8, 2026
Listed at
$339,990
Sold
5 days ago
Sold in
182 days

Price history

  1. Sold$294,990

    May 8, 2026

  2. Price reduced$308,990 → $305,990

    Mar 12, 2026

  3. Listedat $339,990

    Oct 1, 2025

Sold
17
Median price
$291,000
Median DOM
152 days

Comparative value

5 comps in this range

This home is 19% above median for similar nearby sales.

$210K$345KMedian $248K
$295K

FEATURES & AMENITIES

Interior

Attic AccessBath Sinks Double MainBreakfast BarKitchen IslandPantrySmart ThermostatWalk-In Closet(s)

Exterior

Lighting

Climate

Heat: Forced AirCool: Central Air

THE FACTS

Pricing trajectory, room-by-room layout, schools, and what's nearby.

Price history

  • $339,990Listed· Oct 1, 2025

  • $305,990Reduced

    $34,000 (10.0% off original)

182 days on market

Layout

Main
327 rooms1,716 sq ft

Primary suite

Closet Walk in

Primary bath

Sinks Double

Schools

Franklin Township Com Sch Corp

  • Middle

    Franklin Central Junior High

Neighborhood

  • Downtown Indianapolis10.9 mi
  • Fishers High School19.2 mi
  • Conner Prairie19.3 mi
  • IU Health North Hospital19.5 mi
  • Monon Trail (Carmel)20.0 mi
  • Hamilton Southeastern HS20.6 mi

PROPERTY DETAILS

Living Area

1,716 sq ft

Year Built

2025

Stories

One

Subdivision

Sagebrook West

Bedrooms

3

Bathrooms

2 full

Garage

2 spaces

School District

Franklin Township Com Sch Corp

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