See other homes in:
Primary listing photo
Listing photo 2
Listing photo 3
Listing photo 4
Listing photo 5

5226 Jacaranda Dr, Indianapolis, IN, 46239

3beds
2baths
2,410sqft
$437,990
$182price/sqft
$2,999/moest. monthly cost
$119,960/yrincome needed

About This Home

Discover this exceptional new construction home at 5226 Jacaranda Drive in Indianapolis. This thoughtfully designed single-story home offers an abundance of comfortable living space with an open-concept layout perfect for daily life and entertaining. Highlights include 3 bedrooms, 2 full bathrooms, a 3-car garage, a study upgrade, a morning room, a gas fireplace, an owner's en-suite bathroom, and so much more! The home's design emphasizes both functionality and style, with the owner's bedroom positioned on the main level for added convenience. The open-concept living space creates a seamless flow between the kitchen, dining, and family rooms, making it ideal for both relaxation and hosting guests. Located in a desirable Indianapolis neighborhood, this home offers easy access to local parks and recreational opportunities. The area provides a perfect balance of suburban tranquility while maintaining proximity to urban amenities and green spaces. As a new construction home, you'll enjoy the peace of mind that comes with brand-new systems, appliances, and finishes. The quality craftsmanship ensures lasting value and comfort for years to come. 5526 Jacaranda Drive represents an excellent opportunity to own a beautifully designed space in Indianapolis!

Getting Around

1
WalkingCar-Dependent
0
TransitNo Nearby Transit
30
BikeSomewhat Bikeable

Schools

Construction

Condition

  • Property condition: New Construction,Under Construction
  • New construction: Yes
  • Year built: 2026

Materials

  • Foundation: Slab
  • Construction materials: Brick,Cement Siding

Other

  • Builder name: M/I Homes

Type & Style

  • Home type: SingleFamily
  • Architectural style: Other
  • Property subType: Residential,Single Family Residence

Interior

Appliances

  • Appliances included: Dishwasher,Electric Water Heater,Disposal,Microwave,Gas Oven
  • Laundry features: Laundry Room,Main Level

Bedroom2

  • Level: Main
  • Area: 154
  • Dimensions: 14 x 11

Bedroom3

  • Level: Main
  • Area: 110
  • Dimensions: 11 x 10

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 2
  • Full bathrooms: 2
  • Main level bathrooms: 2
  • Main level bedrooms: 3

Breakfast Room

  • Level: Main
  • Area: 88
  • Dimensions: 11 x 8

Family Room

  • Level: Main
  • Area: 380
  • Dimensions: 19 x 20

Features

  • Attic Access,Double Vanity,Breakfast Bar,Kitchen Island,Pantry,Smart Thermostat,Walk-In Closet(s)
  • Number of fireplaces: 1
  • Fireplace features: Family Room
  • Fireplace: Yes
  • Attic: Access Only

Heating & Cooling

  • Heating features: Forced Air
  • Cooling features: Central Air

Interior Area

  • Total structure area: 2,410
  • Total interior livable area: 2,410 sqft

Kitchen

  • Level: Main
  • Area: 154
  • Dimensions: 11 x 14

Laundry

  • Level: Main
  • Area: 84
  • Dimensions: 12 x 7

Master Bedroom

  • Level: Main
  • Area: 224
  • Dimensions: 16 x 14

Office

  • Level: Main
  • Area: 165
  • Dimensions: 11 x 15

Sitting Room

  • Level: Main
  • Area: 120
  • Dimensions: 12 x 10

Property

Details

  • Parcel number: 491604115009015300
  • Horse amenities: None

Features

  • Levels: One
  • Stories: 1
  • Patio & porch: Covered,Patio
  • Exterior features: Lighting

Lot

  • Lot size: 9,583 sqft
  • Features: Sidewalks

Parking

  • Total spaces: 3
  • Parking features: Attached,Garage Door Opener
  • Has garage: Yes
  • Attached garage spaces: 3
  • Covered spaces: 3

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Cold Wave
    Cold WaveRelatively High
  • Heat Wave
    Heat WaveRelatively High
  • Inland Flooding
    Inland FloodingRelatively High
  • Tornado
    TornadoRelatively High
  • Lightning
    LightningModerate
  • Strong Wind
    Strong WindModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Cold Wave
Heat Wave
Inland Flooding
Tornado
Lightning
Strong Wind
Winter Weather

FEMA Declared Disasters Across Indiana Counties

Flood
Snowstorm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $2,214$26,568
Home Insurance *$241$2,892
Property Taxes $324$3,888
Electricity $220$2,651
Total$2,999$35,988
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$102,822/yr
40% on housing$89,970/yr
45% on housing$79,973/yr

Indiana FAIR Plan Programs

Indiana Basic Property Insurance Underwriting Association

Covered
WildfireWildfire
Add-on available
HailHail
WindWind
Visit Website →
Current Policies
Residential: 810Commercial: 30
Total Premiums$1.77M
Total Exposure$1.82M

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 10.6%
10.6%
0%30.0%
Electricity Growth Rate10-year average: 6.1%
6.1%
0%15.0%
Property Taxes Growth Rate2-year average: 2.3%
2.3%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$182This listing

vs Other Active Listings

Avg $/sqft

ZIP 46239$138
Marion County$125

vs Homes Sold Last Month

Median $/sqft

ZIP 46239$132
Marion County$131

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-04-30Price change$447,990
2026-04-02Price change$449,990
2026-03-12Price change$474,990
2026-02-24Listed for sale$485,542

New Construction Spec

AgentJennifer Mencias
BrokerageM/I Homes of Indiana, L.P.

Similar Homes