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9878 Slater Dr, McCordsville, IN, 46055

4beds
3baths
2,134sqft
$429,990
$201price/sqft
$2,825/moest. monthly cost
$113,000/yrincome needed

About This Home

Welcome to 9878 Slater Drive in McCordsville, Indiana - a beautifully designed new construction home for sale. This thoughtfully crafted 2-story home offers an abundance of well-planned living space. With 4 bedrooms, 2.5 bathrooms, an inviting open-concept living space, an electric fireplace, a study, a morning room, and a 2.5-car garage, there's so much to love about this new home. This home showcases the quality of design that M/I Homes is known for, with carefully selected finishes and a floorplan that balances style with practicality. The open-concept living space creates a bright and welcoming atmosphere, ideal for gathering with family or hosting guests. Every detail has been considered to deliver a home that feels both refined and comfortable from the moment you step inside. The upper-level owner's bedroom provides a private retreat, complemented by a well-appointed en-suite bathroom. With 2 full bathrooms, this home is designed to accommodate daily routines with ease. Situated in a sought-after community with convenient proximity to parks, this home offers the perfect setting for an active and connected lifestyle. Make your new home dreams come true at 9878 Slater Drive!

Getting Around

0
WalkingCar-Dependent
0
TransitVery Limited Transit
25
BikeSomewhat Bikeable

Schools

6/10
6/10
Mt Vernon Middle SchoolGrades 6-82.9 mi
8/10
Mt Vernon High SchoolGrades 9-122.7 mi

Construction

Condition

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

Materials

  • Foundation: Slab
  • Construction materials: Brick,Cement Siding,Vinyl 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,Upper Level

Bedroom2

  • Level: Upper
  • Area: 100
  • Dimensions: 10 x 10

Bedroom3

  • Level: Upper
  • Area: 117
  • Dimensions: 13 x 9

Bedroom4

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

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 3
  • Full bathrooms: 2
  • 1/2 bathrooms: 1
  • Main level bathrooms: 1

Breakfast Room

  • Level: Main
  • Area: 96
  • Dimensions: 8 x 12

Family Room

  • Level: Main
  • Area: 225
  • Dimensions: 15 x 15

Features

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

Heating & Cooling

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

Interior Area

  • Total structure area: 2,134
  • Total interior livable area: 2,134 sqft

Kitchen

  • Level: Main
  • Area: 135
  • Dimensions: 9 x 15

Laundry

  • Level: Upper
  • Area: 48
  • Dimensions: 6 x 8

Master Bedroom

  • Level: Upper
  • Area: 225
  • Dimensions: 15 x 15

Office

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

Sitting Room

  • Level: Main
  • Area: 99
  • Dimensions: 11 x 9

Property

Details

  • Parcel number: 300218100005040018
  • Horse amenities: None

Features

  • Levels: Two
  • Stories: 2
  • Patio & porch: Covered,Patio
  • Exterior features: Lighting

Lot

  • Lot size: 9,408 sqft
  • Features: Sidewalks

Parking

  • Total spaces: 2
  • Parking features: Attached,Garage Door Opener
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2

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

  • Tornado
    TornadoRelatively High
  • Winter Weather
    Winter WeatherRelatively High
  • Hail
    HailModerate
  • Inland Flooding
    Inland FloodingModerate
  • Ice Storm
    Ice StormModerate
  • Lightning
    LightningModerate
  • Strong Wind
    Strong WindModerate

How This Home’s Risks Compare

Tornado
Winter Weather
Hail
Inland Flooding
Ice Storm
Lightning
Strong Wind

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 $2,174$26,088
Home Insurance *$213$2,556
Property Taxes $243$2,916
Electricity $195$2,347
Total$2,825$33,900
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$96,857/yr
40% on housing$84,750/yr
45% on housing$75,333/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: 10.1%
10.1%
0%30.0%
Electricity Growth Rate10-year average: 6.1%
6.1%
0%15.0%
Property Taxes Growth Rate2-year average: -0.2%
-0.2%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$201This listing

vs Other Active Listings

Avg $/sqft

ZIP 46055$178
Hancock County$146

vs Homes Sold Last Month

Median $/sqft

ZIP 46055$164
Hancock County$153

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
2026-05-01Price change$459,990
2026-03-22Listed for sale$472,600

New Construction Spec

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

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