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5540 Aspen Wood Lane

Indianapolis, IN 46239

ActiveListed Jun 2, 2026 · 140 days on market

Key facts

Beds
2
Baths
2 full
Living area
1,495 sqft
Lot
0.36 acres
Year built
2026
Type
Residential · Single Family Residence
Stories
One
Garage
2 spaces
MLS #
22105688
County
Marion
Subdivision
Sagebrook West
New construction
Yes

About this home

This stunning new construction villa home at 5540 Aspen Wood Lane, Indianapolis offers main-level living with an abundance of well-planned living space! Highlights include 2 bedrooms, 2 full bathrooms, a deluxe owner's bath upgrade, a veranda with an upgrade 6' extension, an electric fireplace in the gathering room, and much more. Step inside to discover an open-concept living space that creates a seamless flow throughout the home, perfect for everyday living and entertaining. The quality of design is evident in every detail, from the carefully selected finishes to the functional floorplan that maximizes comfort and usability. Situated in a welcoming neighborhood with easy access to nearby parks and green spaces, this peaceful setting is ideal for outdoor recreation and relaxation while still offering everyday comfort and convenience. With its practical floorplan and desirable main-level owner's bedroom, 5540 Aspen Wood Lane delivers a comfortable living experience designed to suit a variety of lifestyles. Every element has been crafted with care, offering a space you can truly make your own through personalization and personal touches!

Description provided by the listing brokerage.

Interior

Appliances
DishwasherElectric Water HeaterDisposalMicrowaveGas Oven
Interior features
Attic AccessBath Sinks Double MainPantrySmart ThermostatWalk-In Closet(s)
Other rooms and areas
Laundry in Unit
Fireplaces
1
Fireplace type
ElectricFamily Room
Laundry
Laundry RoomMain Level
Windows
Vinyl Windows
Security
Smoke Detector(s)
Rooms
6
Main-level bedrooms
2
Condition
New ConstructionUnder Construction

Exterior

Exterior features
Lighting
Patio and porch
Covered
Construction
Cement SidingStone
Foundation
Slab
Parking and garage
AttachedGarage Door Opener
View
Trees/Woods

Systems

Heating
Forced Air
Cooling
Central Air
Water
Public
Utilities
Cable AvailableElectricity ConnectedNatural Gas AvailableSewer ConnectedWater Connected

Lot and HOA

HOA fee
$155 / monthly
Lot features
Irregular LotSidewalks
HOA fee includes
Association Home Owners
HOA amenities
MaintenancePlaygroundPoolTrail(s)

Schools

Middle school
Franklin Central Junior High
High school
Franklin Central High School
School district
Franklin Township Com Sch Corp

Taxes

Tax year
2025

Estimate your monthly payment

$1,898per month, estimated
Principal and interest $1,411Property tax $233Insurance $98HOA $155
20% · $55,998
6.47%
Loan type
Loan term

Estimates only. This calculator does not give a quote. Defaults reflect Marion County / Indianapolis averages: property tax at 1.0% of price (Indiana homestead-capped at 1%), homeowners insurance at 0.42% annually. Conventional: PMI runs 0.55% of the loan annually when your down payment is below 20%, and drops automatically at 22% equity. Your real number depends on credit, taxes assessed for the parcel, escrow, condo insurance, and HOA. Rates as of May 2026 and subject to change.

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Listed at$279,990
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