Welcome to this stunning new construction home for sale in Franklin Township! This beautiful 2-story home features 5 bedrooms-including a first-floor guest suite-3 full bathrooms, a 3-car garage, a gathering room extension, a gas fireplace, a kitchen with an island and spacious walk-in pantry, a morning room, a spacious loft, and more. This beautiful new construction home showcases exceptional attention to detail and superior design quality. The flowing open-concept layout creates a welcoming atmosphere while maintaining functional living spaces for everyday life. The home's thoughtful design balances style with practicality, offering room for both relaxation and entertainment. The upper level features the owner's bedroom, providing a private retreat away from the main living areas with its own en-suite bathroom. With 5 bedrooms in total, there's ample space for family members, guests, or home offices. The 3 well-appointed bathrooms are strategically placed throughout the home for maximum convenience. Clean lines and quality fixtures enhance the overall aesthetic while ensuring durability for years to come. The home's design incorporates today's most desired features while maintaining a timeless appeal that will endure for generations. Located in a charming neighborhood in Franklin Township, 5228 Dragon Tree Lane represents an exceptional opportunity for discerning buyers seeking quality, space, and thoughtful design!
Active
Special offer
$524,990
5228 Dragon Tree Ln, Indianapolis, IN 46239
5beds
3,252sqft
Residential, Single Family Residence
Built in 2025
9,147.6 Square Feet Lot
$-- Zestimate®
$161/sqft
$42/mo HOA
- 47 days |
- 163 |
- 0 |
Zillow last checked: 7 hours ago
Listing updated: 7 hours ago
Listing Provided by:
Jennifer Mencias 630-800-8371,
M/I Homes of Indiana, L.P.
Source: MIBOR as distributed by MLS GRID,MLS#: 22057962

Travel times
Schedule tour
Select your preferred tour type — either in-person or real-time video tour — then discuss available options with the builder representative you're connected with.
Open houses
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 3
- Full bathrooms: 3
- Main level bathrooms: 1
- Main level bedrooms: 1
Primary bedroom
- Level: Upper
- Area: 270 Square Feet
- Dimensions: 15 x 18
Bedroom 2
- Level: Upper
- Area: 210 Square Feet
- Dimensions: 15 x 14
Bedroom 3
- Level: Upper
- Area: 130 Square Feet
- Dimensions: 13 x 10
Bedroom 4
- Level: Upper
- Area: 120 Square Feet
- Dimensions: 12 x 10
Bedroom 5
- Level: Main
- Area: 120 Square Feet
- Dimensions: 12 x 10
Breakfast room
- Level: Main
- Area: 110 Square Feet
- Dimensions: 10 x 11
Family room
- Level: Main
- Area: 396 Square Feet
- Dimensions: 18 x 22
Kitchen
- Level: Main
- Area: 168 Square Feet
- Dimensions: 12 x 14
Laundry
- Level: Upper
- Area: 54 Square Feet
- Dimensions: 6 x 9
Loft
- Level: Upper
- Area: 228 Square Feet
- Dimensions: 12 x 19
Sitting room
- Level: Main
- Area: 130 Square Feet
- Dimensions: 10 x 13
Heating
- Forced Air, Natural Gas
Cooling
- Central Air
Appliances
- Included: Dishwasher, Microwave, Gas Oven
- Laundry: Laundry Room, Upper Level
Features
- Double Vanity, Kitchen Island, Pantry
- Has basement: No
- Number of fireplaces: 1
- Fireplace features: Family Room, Gas Starter
Interior area
- Total structure area: 3,252
- Total interior livable area: 3,252 sqft
Video & virtual tour
Property
Parking
- Total spaces: 3
- Parking features: Attached, Garage Door Opener
- Attached garage spaces: 3
Features
- Levels: Two
- Stories: 2
- Patio & porch: Patio, Porch
Lot
- Size: 9,147.6 Square Feet
Details
- Parcel number: 491604115009031300
- Horse amenities: None
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Traditional
- Property subtype: Residential, Single Family Residence
Materials
- Brick, Cement Siding
- Foundation: Slab
Condition
- New Construction,Under Construction
- New construction: Yes
- Year built: 2025
Details
- Builder name: M/I Homes
Utilities & green energy
- Water: Public
Community & HOA
Community
- Subdivision: Sagebrook West
HOA
- Has HOA: Yes
- Amenities included: Park, Playground, Trail(s)
- Services included: ParkPlayground, Walking Trails
- HOA fee: $500 annually
- HOA phone: 317-253-1401
Location
- Region: Indianapolis
Financial & listing details
- Price per square foot: $161/sqft
- Date on market: 8/20/2025
- Cumulative days on market: 48 days
About the community
PlaygroundTrails
Discover a limited collection of secluded wooded and pond-view homesites in our newest phase at Sagebrook West. Welcome to Sagebrook West, a community of new construction homes located in the coveted Franklin Township in southeast Indianapolis. Boasting a scenic, natural setting with ponds and trees, an outstanding school district, and stunning single family floorplans available on private wooded homesites, Sagebrook West is the perfect place to settle down in a new home. Learn more about the community, our homes for sale, and the surrounding area of Indianapolis, then reach out to our team to set up your personal tour! Resort-Style Amenities in Your Own NeighborhoodSagebrook West is much more than just a place to live—it's a lifestyle. Envision yourself meeting up with loved ones at the community playground, partaking in serene walks along beautifully maintained trails, enjoying peaceful pond views, or taking a relaxing break at the picnic shelter! Explore the Home Types Available at Sagebrook WestSagebrook West offers new single family homes and low-maintenance ranch villas! So whether you're in the market for your first home, searching for a bigger and newer space for your growing family, or even downsizing, you'll find the perfect plan for your lifestyle in this outstanding community—without the hassle of heavy upkeep. Prestige Series Our luxurious 2-story and ranch-style homes from the Prestige Series are spacious, stylish, and flexible for a variety of lifestyles. These new construction homes are built with quality R-19 Insulation, Zip System Exterior Wall Sheathing, and James Hardie® ColorPlus Cement Siding to guarantee your family a beautiful yet comfortable home that stands the test of time and provides lasting value. You can even build your new home on a site that backs to trees or offers a pond view! Villa SeriesThis community also features low-maintenance, ranch-style villas that are perfect...
Hometown Heroes
We can never repay you for your caring, dedication and tireless work in the service of others, but we can make it easier and more affordable to own a home.Source: M/I Homes