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3947 Teakmill Trail

Indianapolis, IN 46239

ActiveListed Aug 20, 2026 · 3 days on market

Key facts

Beds
3
Baths
2 full
Living area
1,879 sqft
Lot
0.28 acres
Year built
2026
Type
Residential · Single Family Residence
Stories
One
Garage
2 spaces
MLS #
22121443
County
Marion
Subdivision
Grayson
New construction
Yes

About this home

Welcome to 3947 Teakmill Trail in Indianapolis, Indiana - a new construction single-story home for sale. This thoughtfully designed home offers 1,879 square feet of comfortable living space on a single level. Highlights include 3 bedrooms, 2 full bathrooms, a 2.5-car garage, an electric fireplace, a patio, and more! Step inside to discover an open-concept living space that creates a seamless flow between the main gathering areas of the home. The quality of design is evident throughout, with clean lines, well-proportioned rooms, and functional layouts that make everyday living effortless. The owner's bedroom features a private en-suite bathroom, providing a quiet retreat at the end of the day. The additional 2 bedrooms offer generous space for family members, guests, or a dedicated home office. This home is situated in a sought-after Franklin Township neighborhood with convenient proximity to local parks, making it easy to enjoy outdoor recreation and green space. The surrounding area offers a welcoming atmosphere with well-maintained streets and a strong sense of neighborhood pride. This Quick Move-In home for sale at 3947 Teakmill Trail delivers quality construction and a well-planned design for comfortable living!

Description provided by the listing brokerage.

Interior

Appliances
DishwasherElectric Water HeaterDisposalMicrowaveGas Oven
Interior features
Attic AccessBath Sinks Double MainTray Ceiling(s)Kitchen IslandPantrySmart 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
7
Main-level bedrooms
3
Condition
New ConstructionUnder Construction

Exterior

Exterior features
Lighting
Patio and porch
CoveredPatio
Construction
BrickVinyl Siding
Foundation
Slab
Parking and garage
AttachedGarage Door Opener

Systems

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

Lot and HOA

HOA fee
$380 / semi-annually
Lot features
Sidewalks
HOA fee includes
Association Home Owners
HOA amenities
Dog ParkPlaygroundTrail(s)

Schools

School district
Franklin Township Com Sch Corp

Taxes

Tax year
2025

Estimate your monthly payment

$2,241per month, estimated
Principal and interest $1,789Property tax $296Insurance $124HOA $32
20% · $70,998
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$354,990
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