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Welcome to 5538 Aspen Wood Lane in Indianapolis - a stunning new construction ranch villa home for sale. This thoughtfully designed villa home features 3 bedrooms, 2 full bathrooms, an electric fireplace in the gathering room, a veranda with 6' extension, a deluxe owner's bathroom, and more! This home showcases an open-concept living space that creates a seamless flow between the kitchen, dining, and living areas - perfect for everyday living and entertaining. Built with quality craftsmanship and attention to detail, this home's floorplan balances comfort and functionality throughout. The owner's bedroom is positioned near the back of the home, offering both easy accessibility and a private retreat within the home. The overall design reflects a commitment to quality, with clean lines, functional spaces, and finishes that elevate everyday living. Situated in a welcoming neighborhood with nearby parks, this home provides a wonderful setting for those who enjoy outdoor recreation and a sense of connection with nature. The quality of design is evident from the moment you step inside, making this home a standout choice for buyers seeking new construction!
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 | $357,510 |
|---|---|
| Jun 10, '26 - Today | $337,990 |
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 | Kitchen Island, Pantry, Smart Thermostat, Walk-in Closet(s) |
| LOT | 0.39 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.

