3948 Teakmill Trail Indianapolis, IN $ 379,990
3948 Teakmill Trail
$ 379,990
Recently Listed New Construction
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3948 Teakmill Trail

Indianapolis, IN, 46239
$ 379,990
Bedrooms4 Baths2.1 Sq 2,402

Monthly Estimate*

$ 2,624

3948 Teakmill Trail, Indianapolis, IN 46239 - Image 1
3948 Teakmill Trail, Indianapolis, IN 46239 - Image 2
3948 Teakmill Trail, Indianapolis, IN 46239 - Image 3
3948 Teakmill Trail, Indianapolis, IN 46239 - Image 4
3948 Teakmill Trail, Indianapolis, IN 46239 - Image 5
3948 Teakmill Trail, Indianapolis, IN 46239 - Image 6
3948 Teakmill Trail, Indianapolis, IN 46239 - Image 7

Single Family Home for sale in Indianapolis, IN

for $379,990 with 4 bedrooms and 2 full baths, 1 half bath. This 2,402 square foot home was built in 2026 on a lot size of 0.27.

Located at 3948 Teakmill Trail in Indianapolis, this new construction home for sale offers 2,402 square feet of thoughtfully designed living space across 2 stories. With 4 bedrooms, 2 full bathrooms, and 1 half bathroom, the floorplan accommodates a range of household needs while maintaining a clear, functional layout. Home highlights include 4 bedrooms, 2.5 bathrooms, a first-floor flex room, a spacious loft, a 2-car garage, and much more! The main level centers on an open-concept living space that connects the kitchen, dining area, and family room. This arrangement allows natural light to travel throughout the shared areas and makes everyday routines and gatherings equally comfortable. Upstairs, the bedrooms are grouped together, including the owner's bedroom with its own en-suite bathroom. A second full bathroom serves the remaining bedrooms. Construction quality and attention to detail are evident in the materials, proportions, and finish work throughout. This home combines durable construction with a practical floorplan, delivering a living environment suited to both daily comfort and long-term value. Each space has been designed with clear purpose and consistent quality throughout.

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Single Family Active

Price

$ 379,990

Bedrooms

4

Full Bath

2

Half Bath

1

Property Type

Single Family

Taxes

$ 0

Style

Lot Size

0.27

Year Built

2026

Town/City

Indianapolis

County/Region

Marion

MLS | Web ID

22133651

Features
Interior
Interior Amenities Attic Access Bath Sinks Double Main Kitchen Island Pantry Smart Thermostat Walk-In Closet(s)
Basement (Y/N) N
Half Baths 1
Laundry Features Laundry Room Upper Level
Total Bedrooms 4
Main Level Bedrooms 0
Total Baths 3
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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 Refrigerator
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 Vinyl Siding
Year Built 2026
Township Franklin
Levels Two
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 East
Garage Y/N Y
Total Rooms 10
Full Baths 2
Status Active
Directions GPS Friendly
City Indianapolis
High School District Franklin Township Com Sch Corp
MLS Area 4906 - Marion - Franklin
Lot Size Square Feet 11839
Property Attached Y/N N
Property Condition New Construction Under Construction
Builder Name M/I Homes
Standard Status Active
Tax Lot 77
Legal Description GRAYSON SEC 2 L77
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Exterior
Exterior Amenities Lighting
Parking Features Attached Garage Door Opener
Lot Features Corner Lot Irregular Lot Sidewalks
Water Source Public
Foundation Details Slab
Building Area Total 2402
Lot Size Acres 0.27
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

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$2,624
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Monthly Principal & Interest
$2,624
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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
10/27/2026$379,990 Listed Price

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3948 Teakmill Trail, Indianapolis, IN, 46239 is a Single Family Home for sale at $379,990 with 2,402 sqft and a lot size of 0.27. 3948 Teakmill Trail has 4 bedrooms, 2.1 baths, and was built in 2026. The property's zip code is 46239 which is in Indianapolis, IN