5228 Dragon Tree Ln

Indianapolis, IN 46239

$509,990
Price
5
Beds
3,252 Sq. Ft.
$157 / Sq. Ft.
3,252
Sq. Ft.
$157
per Sq. Ft.
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Description

Welcome to this stunning new construction home for sale in Franklin Township! This beautiful 2-story home features 5 bedrooms-including a first-floor guest suite-3 full bathrooms, a 3-car garage, a gathering room extension, a gas fireplace, a kitchen with an island and spacious walk-in pantry, a morning room, a spacious loft, and more. This beautiful new construction home showcases exceptional attention to detail and superior design quality. The flowing open-concept layout creates a welcoming atmosphere...Welcome to this stunning new construction home for sale in Franklin Township! This beautiful 2-story home features 5 bedrooms-including a first-floor guest suite-3 full bathrooms, a 3-car garage, a gathering room extension, a gas fireplace, a kitchen with an island and spacious walk-in pantry, a morning room, a spacious loft, and more. This beautiful new construction home showcases exceptional attention to detail and superior design quality. The flowing open-concept layout creates a welcoming atmosphere while maintaining functional living spaces for everyday life. The home's thoughtful design balances style with practicality, offering room for both relaxation and entertainment. The upper level features the owner's bedroom, providing a private retreat away from the main living areas with its own en-suite bathroom. With 5 bedrooms in total, there's ample space for family members, guests, or home offices. The 3 well-appointed bathrooms are strategically placed throughout the home for maximum convenience. Clean lines and quality fixtures enhance the overall aesthetic while ensuring durability for years to come. The home's design incorporates today's most desired features while maintaining a timeless appeal that will endure for generations. Located in a charming neighborhood in Franklin Township, 5228 Dragon Tree Lane represents an exceptional opportunity for discerning buyers seeking quality, space, and thoughtful design!
  1. Listed by Jennifer Mencias • M/I Homes of Indiana, L.P.

Property Details for 5228 Dragon Tree Lane

Architectural Style
Other
Subdivision Name
Sagebrook West
Township
Franklin
Waterfront Features
Pond
Waterfront
Yes
LISTING UPDATED: 12/19/2025 04:48 PM

Property Details for 5228 Dragon Tree Lane

StatusActive
MLS #22057962
Days on Market125
Taxes-
HOA Fees$500 / year
Condo/Co-op Fees-
Compass TypeSingle Family
MLS TypeResidential / Single Family Residence
Year Built2025
Lot Size0.21 AC / 9,147 SF
CountyMarion County

Location

Listing Courtesy of M/I Homes of Indiana, L.P.
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Building Information for 5228 Dragon Tree Lane

Stories-Year Built2025Building Size-Lot Size0.21 AC / 9,147 SF

Payment Calculator

$2,562 per month

30 year fixed, 6.28% Interest

Principal and Interest

$2,520

Property Taxes

$0

HOA Dues

$42

The Payment Calculator is for illustrative purposes only.

Property Information for 5228 Dragon Tree Lane

Summary
Location and General Information
  • City: Indianapolis
  • County Or Parish: Marion
  • Directions: GPS Friendly
  • Postal Code: 46239
  • State Or Province: IN
Taxes and HOA Information
  • Attic YN: Yes
  • Association Fee Frequency: Annually
  • Association Fee Includes: ParkPlayground, Walking Trails
  • Association Fee: $500
  • Parcel Number: 491604115009031300
  • Semi Annual Property Tax Amt: 0
  • Tax Exemption: None
  • Tax Year: 2024
  • TaxLot: 135
  • Association Phone: 317-253-1401
School Information
  • Middle Or Junior School: Franklin Central Junior High
  • School District: Franklin Township Com Sch Corp
Parking
  • Garage YN: Yes
  • Garage Parking Other: Garage Door Opener
  • Garage Spaces: 3.0
  • Garage SqFt: 675
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Property
Lot Information
  • Acreage: <1/4 Acre
  • Construction Stage: Completed
  • Lot Description: Sidewalks
  • Lot Size Square Feet: 9100.0
  • Lot Size Acres: 0.21
  • Main Level SqFt: 1549
  • New Construction: True
  • Living SqFt: 1703.0
  • Sqft Total: 3252.0
  • Sq Ft Total: 3252.0
  • Year Built Numeric: 2025
  • Living Area Source: Builder
Property and Assessments
  • Affected by Disclosures: No
  • DPRYN: Yes
Utilities
  • Solid Waste: No
  • Utilities: Cable Available, Electricity Connected, Natural Gas Available, Sewer Connected, Water Connected
  • Water Source: Public
Interior and Exterior Features
Exterior Features
  • Association Amenities: Park, Playground, Trail(s)
  • Construction Materials: Other
  • Exterior Features: Lighting
  • Foundation Details: Slab
  • Horse Amenities: None
Interior Features
  • Accessibility Features: No
  • Appliances: Dishwasher, Electric Water Heater, Disposal, Microwave, Gas Oven
  • Areas Interior: Laundry in Unit
  • Basement YN: No
  • Cooling: Central Air
  • Eating Area: Dining Combo/Kitchen, Formal Dining Room
  • Fireplace Features: Family Room, Gas Starter
  • Fireplaces Total: 1
  • Heating: Forced Air
  • Interior Features: Attic Access, Bath Sinks Double Main, Breakfast Bar, Kitchen Island, Pantry, Smart Thermostat, Walk-In Closet(s)
  • Levels: Two
  • Additional Equipment: None
  • Smart Home Features: Thermostat - Programmable
  • Room List: Family Room, Sitting Room, Kitchen, Laundry, Primary Bedroom, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5, Breakfast Room, Loft
  • Room and Features: Family Room-Main, Sitting Room-Main, Kitchen-Main, Laundry-Upper, Primary Bedroom-Upper, Bedroom 2-Upper, Bedroom 3-Upper, Bedroom 4-Upper, Bedroom 5-Main, Breakfast Room-Main, Loft-Upper
  • Main Level Bedrooms: 1
  • Laundry Features: Laundry Room, Upper Level
  • Num Bedrooms Upper: 4
  • Num Bedrooms Basement: 0
  • Rooms Basement: 0
Room Information
Room Information
  • Rooms MU: 11
  • Rooms Total MU: 11
  • Total Rooms: 11
Room 1
  • Room Level: Main
  • Room Dimensions: 18 x 22
  • Room Type: Family Room
Room 2
  • Room Level: Main
  • Room Dimensions: 10 x 13
  • Room Type: Sitting Room
Room 3
  • Room Level: Main
  • Room Dimensions: 12 x 14
  • Room Type: Kitchen
Room 4
  • Room Level: Upper
  • Room Dimensions: 6 x 9
  • Room Type: Laundry
Room 5
  • Room Level: Upper
  • Room Dimensions: 15 x 18
  • Room Type: Primary Bedroom
Room 6
  • Room Level: Upper
  • Room Dimensions: 15 x 14
  • Room Type: Bedroom 2
Room 7
  • Room Level: Upper
  • Room Dimensions: 13 x 10
  • Room Type: Bedroom 3
Room 8
  • Room Level: Upper
  • Room Dimensions: 12 x 10
  • Room Type: Bedroom 4
Room 9
  • Room Level: Main
  • Room Dimensions: 12 x 10
  • Room Type: Bedroom 5
Room 10
  • Room Level: Main
  • Room Dimensions: 10 x 11
  • Room Type: Breakfast Room
Room 11
  • Room Level: Upper
  • Room Dimensions: 12 x 19
  • Room Type: Loft
Bathrooms
  • Bathrooms Full: 3
  • Bathrooms Half: 0
  • Bathrooms Total Count: 3
  • Full Baths Basement: 0
  • Full Baths Main: 1
  • Full Baths MU: 3
  • Full Baths Upper: 2
  • Half Baths Basement: 0
  • Half Baths Main: 0
  • Half Baths MU: 0
  • Half Baths Upper: 0
Bedrooms
  • Beds MU: 5
  • Bedrooms MU: 5
  • Bedrooms Total: 5
Mobile/Manufactured Home
Mobile/Manufactured Home
  • Builder Name: M/I Homes

Property History for 5228 Dragon Tree Lane

DateEvent & SourcePriceAppreciation
Oct 22, 2025

Price Change

MIBORMLS #22057962

$509,990—
Sep 25, 2025

Price Change

MIBORMLS #22057962

$524,990—
Sep 10, 2025

Price Change

MIBORMLS #22057962

$529,990—
Aug 20, 2025

Listed (Active)

MIBORMLS #22057962

$534,990—
DateEvent & SourcePrice
10/22/2025

Price Change

MIBORMLS #22057962

$509,990
09/25/2025

Price Change

MIBORMLS #22057962

$524,990
09/10/2025

Price Change

MIBORMLS #22057962

$529,990
08/20/2025

Listed (Active)

MIBORMLS #22057962

$534,990

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 5228 Dragon Tree Lane

This home is within Franklin Township Com Sch Corp.
Rating
School
Type
Grades
Distance
Lillie Idella Kitley Intermediate School
Public - 4 to 6
Franklin Central Junior High
Public - 7 to 8
Franklin Central High School
Public - 9 to 12
South Creek Elementary School
Public - K to 3
Rating
School
Distance
Lillie Idella Kitley Intermediate School
Public4 to 6

Franklin Central Junior High
Public7 to 8

Franklin Central High School
Public9 to 12

South Creek Elementary School
PublicK to 3

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 5228 Dragon Tree Lane, Indianapolis, IN 46239

5228 Dragon Tree Lane is a single family home for sale in Indianapolis, IN 46239. This property was listed for sale on August 20, 2025 by M/I Homes of Indiana, L.P., it's currently listed at $509,990. This listing's school district is Franklin Township Com Sch Corp. Nearby schools include Lillie Idella Kitley Intermediate School, Franklin Central Junior High and Franklin Central High School. 5228 Dragon Tree Lane is a 5-bed, 3-bath, 3,252 sqft single family home built in 2025.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass makes no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of M/I Homes of Indiana, L.P.

Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 12/23/2025 08:07 AM. All data is obtained from various sources and may not have been verified by broker orMLS GRID. Supplied Open House Information is subject to change without notice. All informationshould be independently reviewed and verified for accuracy. Properties may or may not be listed bythe office/agent presenting the information.