$509,990
Original price: $519,990
5 Beds
3 Baths
3,477 sqft
5238 Jacaranda Dr, Indianapolis, IN 46239
Est. Mortgage $3,279/mo*
Get Pre-QualifiedHome Highlights
Single-Family Home
Built in 2026
$147/sqft
3 Car Garage
HOA $57/mo
Local Information
- Map ViewExplore the area around 5238 Jacaranda Dr.
- Schools1 Preschool School2 Elementary Schools1 Middle School1 High School
- Shop & Eat
-- mins to
About this House
Step inside 5238 Jacaranda Drive - a stunning new construction home for sale in Franklin Township. This thoughtfully designed 2-story home offers an abundance of well-planned living space. Featuring 5 bedrooms-including a first-floor guest suite-3 full bathrooms, an inviting open-concept living space, a loft, a 3-car garage, a gathering room extension, a study, and more, there's so much to love about this home! The upper-level owner's bedroom provides a private retreat, complete with its own en-suite bathroom. The home's design prioritizes both comfort and style, with clean lines and quality materials found in every detail. The open-concept layout on the main level creates a seamless connection between living areas, making daily routines and hosting guests effortless. Every element of this new construction home reflects careful planning and superior design standards. This is an exceptional opportunity to own a brand-new home with the space, style, and quality you deserve!
Contact this Building
Last check for updates: about 5 hours ago
Listing Provided by: Jennifer Mencias
M/I Homes of Indiana, L.P.
Source: MIBOR as distributed by MLS GRID, MLS#22099047
Also Listed on M/I Homes, MIBOR as distributed by MLS GRID.
Open House
Friday, September 18
12:00 PM to 4:00 PM
Saturday, September 19
12:00 PM to 4:00 PM
Sunday, September 20
12:00 PM to 4:00 PM
Home Details for 5238 Jacaranda Dr
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Heating & Cooling Heating: Forced AirAir ConditioningCooling System: Central AirHeating Fuel: Forced Air |
Levels, Entrance, & Accessibility Stories: 2 |
Interior Details Number of Rooms: 11Types of Rooms: Master Bedroom, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5, Breakfast Room, Family Room, Kitchen, Laundry, Loft, Office |
Appliances & Utilities DishwasherDisposalMicrowave |
Fireplace & Spa Fireplace |
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Year Built Year Built: 2026 |
Property Type / Style Property Type: Single Family HomeArchitecture: Other |
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Exterior Home Features Foundation Type: Slab |
Parking & Garage GarageParking Spaces: 3Parking: Attached Garage Door Opener |
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Price Price Per Sqft: $147 |
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Listing Agent MLS/Source ID: 22099047 |
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HOA Fee: $340/Semi_anually |
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Lot Area: 8712 sqft |
All New Homes in Sagebrook West
Quick Move-in Homes (6)
| 5534 Aspen Wood Ln | 2bd 2ba 1,495 sqft | $289,990 | |
| 5540 Aspen Wood Ln | 2bd 2ba 1,495 sqft | $299,990 | |
| 5538 Aspen Wood Ln | 3bd 2ba 1,716 sqft | $309,990 | |
| 5226 Jacaranda Dr | 3bd 2ba 2,410 sqft | $429,990 | |
| 5238 Jacaranda Dr | 5bd 3ba 3,477 sqft | $509,990 | |
| 10429 Oak Bend Blvd | 5bd 3ba 3,617 sqft | $574,990 |
Quick Move-In Homes provided by MIBOR as distributed by MLS GRID
Buildable Plans (17)
| Bella Vista Plan | 2bd 2ba 1,495 sqft | $266,990+ | |
| Castello Plan | 2bd 2.5ba 1,628 sqft | $275,990+ | |
| Dimora Plan | 2bd 2.5ba 1,716 sqft | $286,990+ | |
| Kentmore Plan | 3bd 2.5ba 2,070 sqft | $349,990+ | |
| Cheswicke II Plan | 3bd 2ba 2,191 sqft | $359,990+ | |
| Drake Plan | 4bd 2.5ba 2,884 sqft | $409,990+ | |
| Glendale Plan | 4bd 2.5ba 3,152 sqft | $419,990+ | |
| Kentmore Basement Plan | 3bd 2.5ba 2,070 sqft | $423,490+ | |
| Kensington Plan | 4bd 2.5ba 3,382 sqft | $432,990+ | |
| Cheswicke II Basement Plan | 3bd 2ba 2,191 sqft | $433,490+ | |
| Ainsley II Plan | 4bd 2.5ba 3,141 sqft | $439,990+ | |
| Columbia Basement Plan | 4bd 2.5ba 2,878 sqft | $480,490+ | |
| Drake Basement Plan | 4bd 2.5ba 2,884 sqft | $483,490+ | |
| Glendale Basement Plan | 4bd 2.5ba 3,152 sqft | $493,490+ | |
| Berkeley Basement Plan | 4bd 2.5ba 3,273 sqft | $505,490+ | |
| Kensington Basement Plan | 4bd 2.5ba 3,382 sqft | $506,490+ | |
| Ainsley II Basement Plan | 4bd 2.5ba 3,141 sqft | $513,490+ |
Buildable Plans provided by M/I Homes
Community Description
Sagebrook West in southeast Indianapolis offers new single-family homes and low-maintenance ranch villas in a peaceful Franklin Township setting. Surrounded by wooded and pond-view homesites, the community provides a quiet atmosphere with quick access to major routes and Downtown Indianapolis.Homes feature thoughtful, modern designs suited for a range of lifestyles, from spacious two-story plans to easy-living villas with outdoor spaces and included exterior maintenance. Walking trails, a playground, pond views, and a picnic shelter create inviting places to relax and connect close to home.Located within the Franklin Township Community School Corporation, the neighborhood offers families access to highly regarded schools. With nearby parks, golf, dining, and entertainment, Sagebrook West blends natural beauty, convenience, and a comfortable everyday lifestyle.
Contact this Building
Office Hours
Sales Office
10715 Mangrove Drive
Indianapolis, IN 46239
Around this home
The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.
Neighborhood Overview
Neighborhood stats provided by third party data sources.
What Locals Say about New Bethel
At least 7 Trulia users voted on each feature.
100 % Say car is needed
100 % Say it's dog friendly
100 % Say kids play outside
100 % Say yards are well-kept
100 % Say streets are well-lit
100 % Say parking is easy
86 % Say there are sidewalks
82 % Say there's holiday spirit
78 % Say it's quiet
70 % Say people would walk alone at night
67 % Say neighbors are friendly
60 % Say there's wildlife
58 % Say there are community events
33 % Say they plan to stay for at least 5 years
14 % Say it's walkable to grocery stores
Sourced by Trulia users. Learn more about our methodology.
Market trends in Indianapolis
Last updated August 2026
Avg. sale price
$257K
$6.7KMoM
Sale-to-List Price
99.7%
0.1%MoM
Price per sq ft
$145
$1MoM
Available listings
4241
187MoM
Home Value
Trulia Estimate
$507KSince last month
Decreased$7K (-1.4%)Since last year
Decreased$48K (-8.7%)Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.
Trulia Estimate
The of this home's value decreased by -9% in the last 10 years
| Month | Estimated value |
|---|---|
2026 | |
| September 2026 | $507K |
| August 2026 | $514K |
| July 2026 | $525K |
| June 2026 | $523K |
| May 2026 | $538K |
| April 2026 | $555K |
Comparable sales
These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.01 | Single-Family Home | $504,500 | 09/16/26 | 5 | 3.5 | 3,247 | |
0.12 | Single-Family Home | $485,990 | 07/09/26 | 5 | 3 | 3,252 | |
0.14 | Single-Family Home | $532,000 | 02/23/26 | 5 | 3 | 3,519 | |
0.10 | Single-Family Home | $517,500 | 09/29/25 | 5 | 3.5 | 3,307 | |
0.18 | Single-Family Home | $509,900 | 07/23/26 | 5 | 3.5 | 3,313 | |
0.23 | Single-Family Home | $489,990 | 07/01/26 | 5 | 3 | 3,247 | |
0.25 | Single-Family Home | $497,500 | 03/20/26 | 5 | 3 | 3,488 | |
0.19 | Single-Family Home | $510,000 | 09/04/26 | 5 | 3 | 3,658 | |
0.24 | Single-Family Home | $462,000 | 11/26/25 | 5 | 3 | 3,102 | |
0.27 | Single-Family Home | $499,999 | 02/06/26 | 5 | 3 | 3,182 |
Nearby home prices
Get a sense of expected prices in the area by checking the value of nearby homes.Address | Distance | Price | Bed | Bath | Sqft | Status |
|---|---|---|---|---|---|---|
0.01 | $504,500 | 5 | 3.5 | 3,247 | Recently Sold | |
0.03 | $429,990 | 3 | 2 | 2,410 | For Sale | |
0.07 | $466,700 | 3 | 2 | 2,395 | Off Market | |
0.09 | $574,990 | 5 | 3 | 3,617 | For Sale | |
0.10 | $519,300 | 5 | 3.5 | 3,307 | Off Market | |
0.11 | $461,600 | 3 | 2 | 2,485 | Off Market | |
0.12 | $416,454 | 3 | 2 | 2,264 | Recently Sold | |
0.12 | $485,990 | 5 | 3 | 3,252 | Recently Sold | |
0.14 | $532,000 | 5 | 3 | 3,519 | Recently Sold | |
0.15 | $279,900 | 3 | 2.5 | 1,779 | Off Market | |
0.17 | $489,300 | 5 | 3.5 | 3,504 | Off Market |
Price and Tax history
| Date | Event | Price |
|---|---|---|
Sep 15, 2026 Source: MIBOR as distributed by MLS GRID #22099047 | PriceChange | $509,990 Price decreased by 2% |
Aug 10, 2026 Source: MIBOR as distributed by MLS GRID #22099047 | PriceChange | $519,990 Price decreased by 1% |
Jul 30, 2026 Source: MIBOR as distributed by MLS GRID #22099047 | PriceChange | $524,990 Price decreased by 1% |
Jun 18, 2026 Source: MIBOR as distributed by MLS GRID #22099047 | PriceChange | $529,990 Price decreased by 2% |
Jun 10, 2026 Source: MIBOR as distributed by MLS GRID #22099047 | PriceChange | $539,990 Price decreased by 1% |
Apr 30, 2026 Source: MIBOR as distributed by MLS GRID #22099047 | PriceChange | $544,990 Price decreased by 3% |
Apr 3, 2026 Source: M/I Homes | Listed For Sale | $564,490 |
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Jennifer Mencias, M/I Homes of Indiana, L.P.
Based on information submitted to the MLS GRID as of 2026-09-17 17:38:16 PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. Click here for more information
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Frequently asked questions about 5238 Jacaranda Dr
- What is the estimated monthly payment for 5238 Jacaranda Dr?Based on a $509,990 list price with 20% down at today's rates, the estimated monthly payment for 5238 Jacaranda Dr in Indianapolis, IN is approximately $3,257 (about $2,774 principal & interest, $408 property taxes, and $75 homeowner's insurance). This is an estimate. Actual payment depends on your loan terms.
- How does the list price for 5238 Jacaranda Dr compare to homes in Indianapolis?5238 Jacaranda Dr in Indianapolis, IN is listed at $509,990, about 99% above the $257K median sale price in Indianapolis.
- What do residents say about the New Bethel neighborhood?Residents describe the New Bethel neighborhood in Indianapolis, IN as dog-friendly, well-kept, and easy to park in. Most residents say you need a car. See homes for sale in New Bethel, Indianapolis.
- What are the closest schools to 5238 Jacaranda Dr?The closest schools to 5238 Jacaranda Dr in Indianapolis, IN are Franklin Central High School (rated 7/10), Franklin Central Junior High (rated 5/10), Lillie Idella Kitley Intermediate School (Elementary, rated 6/10).
- Does 5238 Jacaranda Dr have air conditioning?Yes, 5238 Jacaranda Dr in Indianapolis, IN has air conditioning.
- Does 5238 Jacaranda Dr have laundry facilities?Yes, 5238 Jacaranda Dr in Indianapolis, IN has laundry facilities.
5238 Jacaranda Dr, Indianapolis, IN 46239 is a 5 bedroom, 3 bathroom, 3,477 sqft single-family home built in 2026. 5238 Jacaranda Dr is located in New Bethel, Indianapolis. This property is currently available for sale and was listed by MIBOR as distributed by MLS GRID on Apr 30, 2026. The MLS # for this home is MLS# 22099047.