5238 Jacaranda Drive

Indianapolis, IN
$ 499,990 Beds 5 Baths 3 Sq 3,477 Virtual Tour
Monthly Estimate* How much can I afford?

Step inside 5238 Jacaranda Drive - a stunning new construction home for sale in Franklin Township. This thoughtfully designed 2-story home offers an abundance of well-planned living space. Featuring 5 bedrooms-including a first-floor guest suite-3 full bathrooms, an inviting open-concept living space, a loft, a 3-car garage, a gathering room extension, a study, and more, there's so much to love about this home! The upper-level owner's bedroom provides a private retreat, complete with its own en-suite bathroom. The home's design prioritizes both comfort and style, with clean lines and quality materials found in every detail. The open-concept layout on the main level creates a seamless connection between living areas, making daily routines and hosting guests effortless. Every element of this new construction home reflects careful planning and superior design standards. This is an exceptional opportunity to own a brand-new home with the space, style, and quality you deserve!

Active

  • Price
  • $ 499,990
  • City
  • Indianapolis
  • Bedrooms
  • 5
  • Full Bathrooms
  • 3
  • County
  • MARION
  • Half Bathrooms
  • 0
  • Area
  • Franklin
  • Lot Size
  • 0.2 Acres
  • Zip
  • 46239
  • Sqr Footage
  • 3,477
  • Year Built
  • 2026
  • Style
  • MLS#
  • 22099047
Listed By: Jennifer Mencias with M/I Homes of Indiana, L.P.;
Data Source: MIBOR Broker Listing Cooperative

Features

General

Heating Forced Air
Cooling Central Air
Utilities Cable Available,Electricity Connected,Natural Gas Available,Sewer Connected,Water Connected
Possession Closing
Appliances Dishwasher,Electric Water Heater,Disposal,Microwave,Gas Oven
HOA Fee 340
Garage Spaces 3
Association Fee Includes Association Home Owners
Patio/Porch Features Covered
Architectural Style Other
Security Features Smoke Detector(s)
Construction Materials Cement Siding,Stone
Year Built 2026
View Trees/Woods
Township Franklin
Levels Two
Property Subtype Single Family Residence
Tax Year 2025
Assoc Fee Paid Per Semi-Annually
County Marion
New Construction Yes
Property Type Residential
Association Amenities Playground,Trail(s)
HOA Yes
Subdivision Name Sagebrook West
Facing Direction East
Garage Y/N Yes
Total Rooms 11
Full Baths 3
Status Active
Directions GPS Friendly
High School Franklin Central High School
City Indianapolis
High School District Franklin Township Com Sch Corp
MLS Area 4906 - Marion - Franklin
Lot Size Square Feet 8750
Property Attached Y/N No
Middle/Junior High School Franklin Central Junior High
Property Condition New Construction,Under Construction
Builder Name M/I Homes
Standard Status Active
Tax Lot 117
Legal Description SAGEBROOK WEST SEC 3 L117

Interior Features

Interior Amenities Bath Sinks Double Main,Kitchen Island,Pantry,Walk-In Closet(s)
Total Fireplaces 1
Fireplace Features Family Room
Basement (Y/N) No
Laundry Features Laundry Room,Upper Level
Total Bedrooms 5
Main Level Bedrooms 1
LivingAreaSource Builder
Total Baths 3

Exterior Features

Exterior Amenities Lighting
Parking Features Attached,Garage Door Opener
Lot Features Sidewalks
Water Source Public
Foundation Details Slab
Building Area Total 3477
Lot Size Acres 0.2
Waterfront Y/N No
Other Equipment None
Horse Amenities None

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$3,786

Per Month

Based on the average sale price from the Greenwood, IN office

  • Monthly Principal & interest $2,658
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
Adjust Payment Options
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Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.

Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

Schools

Elementary School Unknown Elementary School
Middle School Franklin Central Junior High
High School Franklin Central High School

Price History

4/30/2026 Listed $544,990
6/10/2026 1% - $539,990
6/18/2026 2% - $529,990
7/30/2026 1% - $524,990
8/10/2026 1% - $519,990
9/15/2026 2% - $509,990
9/22/2026 2% - $499,990

Property vs Zip Code Average in 46239

Price
AVG $350K
$500K
Year Built
AVG 2011
2026
Visits
AVG 86
178
Data Provided by Inside Real Estate®

5238 Jacaranda Drive Indianapolis, IN is a Single Family Home for sale at $499990 with 3477 sqft and a lot size of 0.2 Acres Acre(s). 5238 Jacaranda Drive Indianapolis has 5 bedrooms, 3 baths and was built in 2026. The property's zip code is 46239 which is in Indianapolis, IN

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.