3947 Teakmill Trail Indianapolis, IN $ 354,990
3947 Teakmill Trail
$ 354,990
New Construction
Open House 10/17 12pm - 4pm
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3947 Teakmill Trail

Indianapolis, IN, 46239
$ 354,990
Bedrooms3 Baths2.0 Sq 1,879

Monthly Estimate*

$ 2,452

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Single Family Home for sale in Indianapolis, IN

for $354,990 with 3 bedrooms and 2 full baths. This 1,879 square foot home was built in 2026 on a lot size of 0.28.

Welcome to 3947 Teakmill Trail in Indianapolis, Indiana - a new construction single-story home for sale. This thoughtfully designed home offers 1,879 square feet of comfortable living space on a single level. Highlights include 3 bedrooms, 2 full bathrooms, a 2.5-car garage, an electric fireplace, a patio, and more! Step inside to discover an open-concept living space that creates a seamless flow between the main gathering areas of the home. The quality of design is evident throughout, with clean lines, well-proportioned rooms, and functional layouts that make everyday living effortless. The owner's bedroom features a private en-suite bathroom, providing a quiet retreat at the end of the day. The additional 2 bedrooms offer generous space for family members, guests, or a dedicated home office. This home is situated in a sought-after Franklin Township neighborhood with convenient proximity to local parks, making it easy to enjoy outdoor recreation and green space. The surrounding area offers a welcoming atmosphere with well-maintained streets and a strong sense of neighborhood pride. This Quick Move-In home for sale at 3947 Teakmill Trail delivers quality construction and a well-planned design for comfortable living!

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Open House

10/17/2026 12:00 PM - 4:00 PM
10/18/2026 12:00 PM - 4:00 PM
3947 Teakmill Trail Indianapolis, IN
* Some states or local ordinances may prohibit Open Houses at this time, please confirm with your Weichert agent or local rep to confirm

Single Family Pending

Price

$ 354,990

Bedrooms

3

Full Bath

2

Property Type

Single Family

Taxes

$ 0

Style

Lot Size

0.28

Year Built

2026

Town/City

Indianapolis

County/Region

Marion

MLS | Web ID

22121443

Features
Interior
Interior Amenities Attic Access Bath Sinks Double Main Tray Ceiling(s) Kitchen Island Pantry Smart Thermostat Walk-In Closet(s)
Total Fireplaces 1
Fireplace Features Electric Family Room
Basement (Y/N) N
Half Baths 0
Laundry Features Laundry Room Main Level
Total Bedrooms 3
Main Level Bedrooms 3
Total Baths 2
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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 380
Garage Spaces 2
Association Fee Includes Association Home Owners
Patio/Porch Features Covered Patio
Architectural Style Other
Security Features Smoke Detector(s)
Construction Materials Brick Vinyl Siding
Year Built 2026
Township Franklin
Levels One
Property Subtype Single Family Residence
Tax Year 2025
Assoc Fee Paid Per Semi-Annually
County Marion
New Construction Y
Property Type Residential
Association Amenities Dog Park Playground Trail(s)
HOA Y
Subdivision Name Grayson
Facing Direction West
Garage Y/N Y
Total Rooms 7
Full Baths 2
Status Pending
Directions GPS Friendly
City Indianapolis
High School District Franklin Township Com Sch Corp
MLS Area 4906 - Marion - Franklin
Lot Size Square Feet 12249
Property Attached Y/N N
Property Condition New Construction Under Construction
Builder Name M/I Homes
Standard Status Pending
Tax Lot 85
Legal Description GRAYSON SEC 2 L85
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Exterior
Exterior Amenities Lighting
Parking Features Attached Garage Door Opener
Lot Features Sidewalks
Water Source Public
Foundation Details Slab
Building Area Total 1879
Lot Size Acres 0.28
Waterfront Y/N N
Other Equipment None
Horse Amenities None
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* Excluded Features
List By
M/I Homes Of Indiana, L.P.

Broker

jmencias@mihomes.com

Email

Affordability Calculator

$2,452
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Monthly Principal & Interest
$2,452
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Default based on a 30-year fixed rate of 7.375% 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.
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Nearby
4045201 Elementary School
4045199 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
10/8/2026$354,990 -1.39% Price Down
8/20/2026$359,990 Listed Price

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3947 Teakmill Trail, Indianapolis, IN, 46239 is a Single Family Home for sale at $354,990 with 1,879 sqft and a lot size of 0.28. 3947 Teakmill Trail has 3 bedrooms, 2.0 baths, and was built in 2026. The property's zip code is 46239 which is in Indianapolis, IN