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10014 Redwood Peak Ln, Indianapolis, IN, 46259

4beds
3baths
2,014sqft
$389,990
$194price/sqft
$2,623/moest. monthly cost
$104,920/yrincome needed

About This Home

Prepare to fall in love with 10014 Redwood Peak Lane in Indianapolis, Indiana — a beautifully crafted new construction home by M/I Homes. This thoughtfully designed 2-story residence offers 2,014 square feet of living space, featuring 4 bedrooms, 2.5 bathrooms, a versatile flex room, and an inviting loft that provide both privacy and generous shared spaces. Step inside to an open-concept main level where the kitchen, dining area, and family room flow seamlessly together, creating an ideal setting for everyday living and effortless entertaining. Well-planned layouts, carefully selected finishes, and thoughtful details throughout the home reflect the craftsmanship M/I Homes is known for. Key Features: 2.5-car frontloading garage Flex room Loft Dual-vanity sink in the owner's en-suite bathroom Electric fireplace Stainless steel kitchen appliances Upstairs, the owner's bedroom serves as a private retreat, complete with an en-suite bathroom featuring a dual-sink vanity for added convenience. Three additional bedrooms, along with the loft and flex room, offer adaptable space for family, guests, or a dedicated home office. A main-level half bathroom adds everyday practicality. This home is located in the welcoming Hickory Run community with convenient proximity to parks and green spaces, making it easy to enjoy outdoor recreation and a peaceful environment. The surrounding area offers a pleasant setting for those who value...

Getting Around

4
WalkingCar-Dependent
0
TransitNo Nearby Transit
33
BikeSomewhat Bikeable

Schools

Construction

Condition

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

Other

  • Builder name: M/I Homes

Type & Style

  • Home type: SingleFamily
  • Property subType: Single Family Residence

Interior

Bedrooms & Bathrooms

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

Interior Area

  • Total interior livable area: 2,014 sqft

Property

Details

  • Parcel number: 491609113013008300

Features

  • Levels: 2.0
  • Stories: 2

Parking

  • Total spaces: 2
  • Parking features: Garage
  • Has garage: Yes
  • Attached garage 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

  • 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 $1,972$23,664
Home Insurance *$178$2,136
Property Taxes $289$3,468
Electricity $184$2,215
Total$2,623$31,476
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$89,931/yr
40% on housing$78,690/yr
45% on housing$69,946/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

$194This listing

vs Other Active Listings

Avg $/sqft

ZIP 46259$158
Marion County$125

vs Homes Sold Last Month

Median $/sqft

ZIP 46259$139
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
2026-05-08Listed for sale$414,710

New Construction Spec

AgentM/I Homes of Indiana, L.P.
BrokerageM/I Homes

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