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3948 Teakmill Trail

Indianapolis, IN 46239

ActiveListed Oct 27, 2026 · 1 day on market

Key facts

Beds
4
Baths
2 full · 1 half
Living area
2,402 sqft
Lot
0.27 acres
Year built
2026
Type
Residential · Single Family Residence
Stories
Two
Garage
2 spaces
MLS #
22133651
County
Marion
Subdivision
Grayson
New construction
Yes

About this home

Located at 3948 Teakmill Trail in Indianapolis, this new construction home for sale offers 2,402 square feet of thoughtfully designed living space across 2 stories. With 4 bedrooms, 2 full bathrooms, and 1 half bathroom, the floorplan accommodates a range of household needs while maintaining a clear, functional layout. Home highlights include 4 bedrooms, 2.5 bathrooms, a first-floor flex room, a spacious loft, a 2-car garage, and much more! The main level centers on an open-concept living space that connects the kitchen, dining area, and family room. This arrangement allows natural light to travel throughout the shared areas and makes everyday routines and gatherings equally comfortable. Upstairs, the bedrooms are grouped together, including the owner's bedroom with its own en-suite bathroom. A second full bathroom serves the remaining bedrooms. Construction quality and attention to detail are evident in the materials, proportions, and finish work throughout. This home combines durable construction with a practical floorplan, delivering a living environment suited to both daily comfort and long-term value. Each space has been designed with clear purpose and consistent quality throughout.

Description provided by the listing brokerage.

Interior

Appliances
DishwasherElectric Water HeaterDisposalMicrowaveGas OvenRefrigerator
Interior features
Attic AccessBath Sinks Double MainKitchen IslandPantrySmart ThermostatWalk-In Closet(s)
Other rooms and areas
Laundry in Unit
Laundry
Laundry RoomUpper Level
Windows
Vinyl Windows
Security
Smoke Detector(s)
Rooms
10
Condition
New ConstructionUnder Construction

Exterior

Exterior features
Lighting
Patio and porch
CoveredPatio
Construction
Vinyl 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
Corner LotIrregular LotSidewalks
HOA fee includes
Association Home Owners
HOA amenities
Dog ParkPlaygroundTrail(s)

Schools

School district
Franklin Township Com Sch Corp

Taxes

Tax year
2025

Price history

Every listing, price change and sale we have on record for this home.

DateEventPrice$/sq ft
Listed for sale$379,990$158 / sq ft

Properties displayed may be listed or sold by various participants in the MLS.

Information deemed reliable but is not guaranteed accurate.

© 2026 MIBOR REALTOR® Association

Based on information submitted to the Broker Listing Cooperative listing service as of November 1, 2026

Estimate your monthly payment

$2,397per month, estimated
Principal and interest $1,915Property tax $317Insurance $133HOA $32
20% · $75,998
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.

Talk to a lender we trust
Address
3948 Teakmill Trail, Indianapolis, IN 46239
County
Marion
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Listed at$379,990
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