5238 Jacaranda Dr, Indianapolis, IN, 46239
About This Home
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!
Getting Around
Car-Dependent
No Nearby Transit
Somewhat BikeableSchools
Construction
Condition
- Property condition: New Construction,Under Construction
- New construction: Yes
- Year built: 2026
Materials
- Foundation: Slab
- Construction materials: Cement Siding,Stone
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: 156
- Dimensions: 12 x 13
Bedroom3
- Level: Upper
- Area: 144
- Dimensions: 12 x 12
Bedroom4
- Level: Upper
- Area: 143
- Dimensions: 13 x 11
Bedroom5
- Level: Main
- Area: 121
- Dimensions: 11 x 11
Bedrooms & Bathrooms
- Bedrooms: 5
- Bathrooms: 3
- Full bathrooms: 3
- Main level bathrooms: 1
- Main level bedrooms: 1
Breakfast Room
- Level: Main
- Area: 99
- Dimensions: 11 x 9
Family Room
- Level: Main
- Area: 460
- Dimensions: 20 x 23
Features
- Double Vanity,Kitchen Island,Pantry,Walk-In Closet(s)
- Number of fireplaces: 1
- Fireplace features: Family Room
- Fireplace: Yes
Heating & Cooling
- Heating features: Forced Air
- Cooling features: Central Air
Interior Area
- Total structure area: 3,477
- Total interior livable area: 3,477 sqft
Kitchen
- Level: Main
- Area: 187
- Dimensions: 11 x 17
Laundry
- Level: Upper
- Area: 80
- Dimensions: 10 x 8
Loft
- Level: Upper
- Area: 272
- Dimensions: 17 x 16
Master Bedroom
- Level: Upper
- Area: 238
- Dimensions: 17 x 14
Office
- Level: Main
- Area: 168
- Dimensions: 12 x 14
Property
Details
- Parcel number: 491604115009013300
- Horse amenities: None
Features
- Levels: Two
- Stories: 2
- Patio & porch: Covered
- Exterior features: Lighting
- Has view: Yes
- View description: Trees/Woods
Lot
- Lot size: 8,712 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
- Heat Wave
- Inland Flooding
- Tornado
- Lightning
- Strong Wind
- Winter Weather
How This Home’s Risks Compare
FEMA Declared Disasters Across Indiana Counties
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
| Monthly | Annual | |
|---|---|---|
| Mortgage | $2,654 | $31,848 |
| Home Insurance * | $288 | $3,456 |
| Property Taxes | $389 | $4,668 |
| Electricity | $318 | $3,824 |
| Total | $3,649 | $43,788 |
Income You'd Need if You Spent...
Indiana FAIR Plan Programs
Indiana Basic Property Insurance Underwriting Association
Wildfire
HailWindHow 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.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
No zestimate history available
Price History
| Date | Event | Price |
|---|---|---|
| 2026-04-30 | Price change | $544,990 |
| 2026-04-03 | Listed for sale | $564,490 |
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