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This stunning new construction villa home at 5540 Aspen Wood Lane, Indianapolis offers main-level living with an abundance of well-planned living space! Highlights include 2 bedrooms, 2 full bathrooms, a deluxe owner's bath upgrade, a veranda with an upgrade 6' extension, an electric fireplace in the gathering room, and much more. Step inside to discover an open-concept living space that creates a seamless flow throughout the home, perfect for everyday living and entertaining. The quality of design is evident in every detail, from the carefully selected finishes to the functional floorplan that maximizes comfort and usability. Situated in a welcoming neighborhood with easy access to nearby parks and green spaces, this peaceful setting is ideal for outdoor recreation and relaxation while still offering everyday comfort and convenience. With its practical floorplan and desirable main-level owner's bedroom, 5540 Aspen Wood Lane delivers a comfortable living experience designed to suit a variety of lifestyles. Every element has been crafted with care, offering a space you can truly make your own through personalization and personal touches!
Property Type(s):
Single Family
| Last Updated | 6/10/2026 | Tract | Sagebrook West |
|---|---|---|---|
| Year Built | 2026 | Community | 4906 - Marion - Franklin |
| Garage Spaces | 2.0 | County | Marion |
SCHOOLS
| Jr. High School | Franklin Central Junior High |
|---|---|
| High School | Franklin Central High School |
Price History
| Prior to Jun 10, '26 | $329,080 |
|---|---|
| Jun 10, '26 - Today | $319,990 |
Additional Details
| AIR | Central Air |
|---|---|
| AIR CONDITIONING | Yes |
| APPLIANCES | Dishwasher, Disposal, Electric Water Heater, Gas Oven, Microwave |
| AREA | 4906 - Marion - Franklin |
| CONSTRUCTION | Cement Siding, Stone |
| EXTERIOR | Lighting |
| FIREPLACE | Yes |
| GARAGE | Yes |
| HEAT | Forced Air |
| HOA DUES | 155|Monthly |
| INTERIOR | Pantry, Smart Thermostat, Walk-in Closet(s) |
| LOT | 0.36 acre(s) |
| LOT DESCRIPTION | Irregular Lot |
| PARKING | Garage Door Opener, Attached |
| STORIES | 1 |
| STYLE | Other |
| SUBDIVISION | Sagebrook West |
| UTILITIES | Cable Available, Electricity Connected, Natural Gas Available, Sewer Connected, Water Connected |
| VIEW | Yes |
| VIEW DESCRIPTION | Trees/Woods |
| WATER | Public |
Location
Contact us about this Property
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Listed with M/I Homes of Indiana, L.P.
Listing information is deemed reliable, but not guaranteed.
© 2026 Metropolitan Indianapolis Board of REALTORS®
© 2026 Metropolitan Indianapolis Board of REALTORS®
This IDX solution is (c) Diverse Solutions 2026.

