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Community A community is a collection of new construction homes built on homesites by one builder. To learn more about the new construction building process, please visit our Learning Center here: Learn More About The New Home Buying Process! Hot Deal

Grayson

7311 Waylon Way, Indianapolis, IN, 46239

by M/I Homes

From $315,990 This is the starting price for available plans and quick move-ins within this community and is subject to change.

  • 3-4 Beds
  • 2.5 Baths
  • 2 Garages
  • 2,128 - 2,802 SqFt
  • 12 Total homes
  • 5 Floor plans

Special offers

Explore the latest promotions at Grayson. to learn more!

Financing

Move-In-Ready Package

Looking to move soon? Our Quick Move-In homes offer convenience, comfort, and modern desig...

Looking to move soon? Our Quick Move-In homes offer convenience, comfort, and modern design features—all ready when you are. Enjoy thoughtfully upgraded interiors, included appliances, and appealing financing options designed to make your transiti... This offer runs through 12/19/2025.

Move-In-Ready Package
Financing

Holiday of Homes: Cozy Up to a 2/1 Buydown

Move into a new home before the holidays. Increase your home buying power and decrease you...

Move into a new home before the holidays. Increase your home buying power and decrease your rate for the first two years of your mortgage with M/I Financial, LLC. Learn more about our 2/1 Buydown offer on new homes that can sell by December 19th, ... This offer runs through 12/19/2025.

Holiday of Homes: Cozy Up to a 2/1 Buydown
Hot deal

Toys for Tots | Toy Drive

Celebrate the season of giving with M/I Homes! Join us in making a difference for families...

Celebrate the season of giving with M/I Homes! Join us in making a difference for families across the Indianapolis and surrounding areas. This offer runs through 12/13/2025.

Toys for Tots | Toy Drive

Community highlights

Community amenities

  • Park

  • Playground

  • Trails

Community description

Welcome to Grayson, a community of single-family homes for sale in Franklin Township on the southeast side of Indianapolis. Grayson offers an ideal blend of comfort and community living in a brand-new, designer-appointed home. About Our New Homes for Sale in Franklin TownshipDesigned with the quality M/I Homes is known for, new homeowners will have their choice between 5 different 2-story floorplans within our Essential Series: Brooklyn | 3 Bedrooms | 2.5 Bathrooms | 2,128–2,245 Square Feet | View Floorplan Aubrey | 4 Bedrooms | 2.5 Bathrooms | 2,262–2,379 Square Feet | View Floorplan Peyton | 4 Bedrooms | 2.5 Bathrooms | 2,308–2,588 Square Feet | View Floorplan Juliet | 4–6 Bedrooms | 2–4 Bathrooms | 2,614–2,734 Square Feet | View Floorplan Parke | 4-6 Bedrooms | 2.5-4 B...

Welcome to Grayson, a community of single-family homes for sale in Franklin Township on the southeast side of Indianapolis. Grayson offers an ideal blend of comfort and community living in a brand-new, designer-appointed home. About Our New Homes for Sale in Franklin TownshipDesigned with the quality M/I Homes is known for, new homeowners will have their choice between 5 different 2-story floorplans within our Essential Series: Brooklyn | 3 Bedrooms | 2.5 Bathrooms | 2,128–2,245 Square Feet | View Floorplan Aubrey | 4 Bedrooms | 2.5 Bathrooms | 2,262–2,379 Square Feet | View Floorplan Peyton | 4 Bedrooms | 2.5 Bathrooms | 2,308–2,588 Square Feet | View Floorplan Juliet | 4–6 Bedrooms | 2–4 Bathrooms | 2,614–2,734 Square Feet | View Floorplan Parke | 4-6 Bedrooms | 2.5-4 Bathrooms | 2,802-2,908 Square Feet I View FloorplanOpen-concept layouts seamlessly connect the main living spaces, including spacious kitchens and family rooms filled with natural lighting. And with a brand-new phase of homesites featuring private water views, as well as great community amenities, you're sure to fall in love with Grayson. Explore The Surrounding Area: Indianapolis and Franklin TownshipEmbrace the good life in a new home just 20 minutes away from Downtown Indianapolis. Dine out at locally loved restaurant on Mass Ave., stroll along the peaceful and scenic canal walk, and catch a game or concert at Lucas Oil Stadium. Downtown Indy offers a range of attractions and activities for everyone, and we're proud to offer new homes so close to here! But don't miss out on all the great spots just a short walk or drive away from your future home at Grayson. Within Franklin Township itself, you'll discover: Premier parks, like the 99-acre Franklin Township Community Park Indianapolis Zoo and Children’s Museum Some local culinary favorites include Shakers Good Eats, New Bethel Ordinary, and Red Cactus M...

Have questions about the amenities?


Upcoming events

December

5

Photos With Santa at Bonterra | 01:00PM-03:00PM

Join us at Bonterra for a special Santa visit at the model home! Bring your family and pets for an adorable holiday photo and stay for hot chocolate and sweet treats.

Location: 7311 Waylon Way Indianapolis, IN 46239

December

5

Join Us for Photos with Santa – Hosted by M/I H... | 01:00PM-03:00PM

Step into the holiday spirit at one of our participating locations listed below! Bring your family to meet Santa, capture the perfect Christmas photo, and let the kids share their holiday wishes. Warm up with hot chocolate, enj...

Location: 7311 Waylon Way Indianapolis, IN 46239

December

20

Photos with Santa at Grayson | 02:00PM-05:00PM

Step into the holiday spirit at Grayson! Bring your family to meet Santa, capture the perfect Christmas photo, and let the kids share their holiday wishes. Warm up with hot chocolate, enjoy sweet treats and feel the magic of a ...

Location: 7311 Waylon Way Indianapolis, IN 46239

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Community location & sales center
Grayson

Grayson
M/I Homes
7311 Waylon Way, Indianapolis, IN 46239

888-856-5304

Sales Agent

Michelle Rinear

Hours

Mon 2pm-6pm; Tue-Sat 11am-6pm; Sun 12pm-6pm


Available homes

Filters

Price

Bedrooms

Bathrooms

Floor plans (5)

Brooklyn floor plan

Brooklyn

From $315,990

  • 3 Beds
  • 2.5 Baths
  • 2 Gr
  • 2,128 SqFt
  • Floor plan
  • Single family home
Aubrey floor plan

Aubrey

From $320,990

  • 4 Beds
  • 2.5 Baths
  • 2 Gr
  • 2,262 SqFt
  • Floor plan
  • Single family home
Peyton floor plan

Peyton

From $327,990

  • 4 Beds
  • 2.5 Baths
  • 2 Gr
  • 2,388 SqFt
  • Floor plan
  • Single family home
Juliet floor plan

Juliet

From $337,990

  • 4 Beds
  • 2.5 Baths
  • 2 Gr
  • 2,614 SqFt
  • Floor plan
  • Single family home
Parke floor plan

Parke

From $348,990

  • 4 Beds
  • 2.5 Baths
  • 2 Gr
  • 2,802 SqFt
  • Floor plan
  • Single family home

Quick move-ins (13)

3905 Highcrest Road (Brooklyn)

3905 Highcrest Road (Brooklyn)

$334,990

  • 3 Beds
  • 2.5 Baths
  • 2 Gr
  • 2,139 SqFt
  • Quick move-in
  • Single family home
3938 Teakmill Trail (Brooklyn)

3938 Teakmill Trail (Brooklyn)

$337,890

  • 4 Beds
  • 2.5 Baths
  • 2 Gr
  • 2,128 SqFt
  • Quick move-in
  • Single family home
7125 Waylon Way (Brooklyn)

7125 Waylon Way (Brooklyn)

$344,960

  • 3 Beds
  • 2.5 Baths
  • 2 Gr
  • 2,128 SqFt
  • Quick move-in
  • Single family home
7130 Asher Way (Brooklyn)

7130 Asher Way (Brooklyn)

$347,410

  • 3 Beds
  • 2.5 Baths
  • 2 Gr
  • 2,128 SqFt
  • Quick move-in
  • Single family home
3923 Quinn Road (Brooklyn)

3923 Quinn Road (Brooklyn)

$356,630

  • 4 Beds
  • 2.5 Baths
  • 2 Gr
  • 2,128 SqFt
  • Quick move-in
  • Single family home
3930 Quinn Road (Aubrey)

3930 Quinn Road (Aubrey)

$360,590

  • 4 Beds
  • 2.5 Baths
  • 2 Gr
  • 2,264 SqFt
  • Quick move-in
  • Single family home
3934 Quinn Road (Aubrey)

3934 Quinn Road (Aubrey)

$361,670

  • 4 Beds
  • 2.5 Baths
  • 2 Gr
  • 2,262 SqFt
  • Quick move-in
  • Single family home
7311 Waylon Way (Aubrey)

7311 Waylon Way (Aubrey)

Model home

  • 4 Beds
  • 2.5 Baths
  • 2 Gr
  • 2,376 SqFt
  • Quick move-in
  • Single family home


Community map for Grayson

Auto-looped video of a floor plan being changed

Browse this interactive map to see this community's available lots.


Neighborhood

Community map

Community location & sales center

7311 Waylon Way
Indianapolis, IN 46239

888-856-5304

Please enter a valid location or select an item from the list.
Driving directions to sales center

Amenities

Community & neighborhood

Local points of interest

  • Greatimes Family Fun Park
  • Southeastway Park
  • Smock Golf Course
  • Franklin Township Community Park
  • Downtown Wanamaker
  • Franciscan St Francis Health
  • Dakota Landing Golf Course
  • Circle Centre Mall

Health and fitness

  • Trails

Community services & perks

  • HOA fees: Unknown, please contact the builder
  • Playground
  • Park

Nearby schools

Franklin Township Community School Corporation

High school.  Grades 9 to 12.

  • Public school
  • Teacher - student ratio: 1:21
  • Students enrolled: 3319

6215 S Franklin Rd, Indianapolis, IN, 46259

317-862-6646

Actual schools may vary. We recommend verifying with the local school district, the school assignment and enrollment process.


Builder details

M/I Homes

M/I Homes Logo

M/I Homes has been building new homes of outstanding quality and superior design for more than 40 years. Founded in 1976 by Irving and Melvin Schottenstein, and guided by Irving’s drive to always “treat the customer right,” we’ve fulfilled the dreams of more than 150,000 homeowners, and grown to become one of the nation’s leading homebuilders.


This listing's information was verified with the builder for accuracy 1 day ago