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Single family home for sale at 5540 Aspen Wood Ln, Indianapolis, IN 46239 | MLS# 22105688 | Listing updated on 2026-10-06
Photo 1 of Single family home for sale at 5540 Aspen Wood Ln, Indianapolis, IN 46239 | MLS# 22105688 | Listing updated on 2026-10-06
Photo 2 of Single family home for sale at 5540 Aspen Wood Ln, Indianapolis, IN 46239 | MLS# 22105688 | Listing updated on 2026-10-06
Photo 3 of Single family home for sale at 5540 Aspen Wood Ln, Indianapolis, IN 46239 | MLS# 22105688 | Listing updated on 2026-10-06
Photo 4 of Single family home for sale at 5540 Aspen Wood Ln, Indianapolis, IN 46239 | MLS# 22105688 | Listing updated on 2026-10-06
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Street View

$284,990

Monthly Est:$1,418

  • Beds Icon2 Beds
  • Beds Icon
    2 Baths
  • Beds Icon1,495sqft

5540 Aspen Wood Ln, Indianapolis, IN 46239

$1,418/moEst:

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  • Single Family Residence

  • Built in 2026

  • $155/mo HOA

  • 15,730 sqft lot

  • $191/sq.ft

Description

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!

  • Houzeo last checked: 12 hours ago
  • Listing updated: October 6, 2026 at 3:08 pm
  • Listing Provided by: Jennifer Mencias (630) 800-8371 | M/I Homes of Indiana, L.P. (317) 286-6926
  • Source: Metropolitan Indianapolis Board of REALTORS (MIBOR) MLS-IN | MLS#: 22105688 Metropolitan Indianapolis Board of REALTORS (MIBOR) MLS-IN

Property Details

  • Status

    Active

  • Type

    Single Family Residence

  • No. of Stories

    -

  • County

    Marion County

  • City

    Indianapolis

  • Neighborhood

    New Bethel

  • Year Built

    2026

  • HOA Fees

    $155/mo

  • Finished Area

    1,495 sqft

  • Lot Size

    15,730 sqft lot

  • Basement Area

    - sqft

  • MLS Name

    Metropolitan Indianapolis Board of REALTORS (MIBOR) MLS

  • MLS Number

    22105688

  • MLS Status

    Active

  • Days on Market

    127

  • Cumulative Days on Market

    127

Open House

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Location

HOA Management

N/A

HOA Fees

$155/ Monthly

Amenities

Amenities and services may be covered by one or multiple associations and service providers.

Pool Pool

Maintenance Maintenance

Bike Trails Bike Trails

Park Playground Park Playground

Association Home Owners Association Home Owners

Disclaimer: Amenities are based on third-party information and may vary; buyers must independently verify all amenities, as information is deemed reliable but not guaranteed.

Facts & Features

Rooms

  • Bedrooms & bathrooms

    Bedrooms: 2

    Bathrooms: 2

  • Family Room

    Level: Main

    Area: 176.00 Square Feet

    Dimensions: 11 x 16

  • Breakfast Room

    Level: Main

    Area: 120.00 Square Feet

    Dimensions: 10 x 12

  • Kitchen

    Level: Main

    Area: 140.00 Square Feet

    Dimensions: 10 x 14

  • Laundry

    Level: Main

    Area: 42.00 Square Feet

    Dimensions: 7 x 6

  • Master Bedroom

    Level: Main

    Area: 180.00 Square Feet

    Dimensions: 12 x 15

  • Bedroom 2

    Level: Main

    Area: 110.00 Square Feet

    Dimensions: 10 x 11

Interior

  • Appliances

    Dishwasher, Electric Water Heater, Disposal, Microwave, Gas Oven

  • Exterior Features

    Lighting

  • Cooling

    Central Air

  • Window Features

    Vinyl Windows

  • Heating

    Forced Air

  • Interior Features

    Attic Access, Bath Sinks Double Main, Pantry, Smart Thermostat, Walk In Closet(s)

Construction

  • Year Built

    Year Built: 2026

  • Home type

    Single Family Residence

  • Architectural Style

    Other

  • Foundation Details

    Slab

  • Construction Materials

    Cement Siding, Stone

  • Property Condition

    New Construction, Under Construction

Utilities & Energy

  • Association Amenities

    Maintenance, Playground, Pool, Trail(s)

  • Water Source

    Public

  • Fireplace Features

    Electric, Family Room

  • Parking Features

    Attached, Garage Door Opener

  • Utilities

    Cable Available, Electricity Connected, Natural Gas Available, Sewer Connected, Water Connected

  • Laundry Features

    Laundry Room, Main Level

  • Security Features

    Smoke Detector(s)

Other Features

  • Subdivision Name

    Sagebrook West

  • Patio And Porch Features

    Covered

  • Lot Features

    Irregular Lot, Sidewalks

Price History

DateEventPrice

09/25/2026

Source: mls_logoMetropolitan Indianapolis Board of REALTORS (MIBOR) MLS-IN #MBR22105688

Price Decreased

$284,990 -3.39%

$191/sqft

09/22/2026

Source: mls_logoMetropolitan Indianapolis Board of REALTORS (MIBOR) MLS-IN #MBR22105688

Price Decreased

$294,990 -1.67%

$197/sqft

09/15/2026

Source: mls_logoMetropolitan Indianapolis Board of REALTORS (MIBOR) MLS-IN #MBR22105688

Price Decreased

$299,990 -1.64%

$201/sqft

08/10/2026

Source: mls_logoMetropolitan Indianapolis Board of REALTORS (MIBOR) MLS-IN #MBR22105688

Price Decreased

$304,990 -0.97%

$204/sqft

07/30/2026

Source: mls_logoMetropolitan Indianapolis Board of REALTORS (MIBOR) MLS-IN #MBR22105688

Price Decreased

$307,990 -3.75%

$206/sqft

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New Bethel Ranks #12 in Indianapolis, IN

Homes for sale
47

Homes

Rental prices
$1,250

Rental Prices

Median Home Price
$492.5K

Median Home Price

New Bethel, Indianapolis, IN neighborhood guide

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Based on information from MIBOR REALTOR® Association through Oct 07, 2026, 06:00AM. The Broker Listing Cooperative® listing service's Listing information is deemed reliable but is not guaranteed accurate by the Broker Listing Cooperative® listing service. All data is obtained from various sources and may not have been verified by broker or Broker Listing Cooperative listing service. 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.. All Rights Reserved. © 2026 MIBOR REALTOR® Association.

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