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Quick move-in A home that is move-in ready, or is already under construction. Under Construction

3933 Teakmill Trail

Indianapolis, IN 46239

$367,800 This is the set price for this quick move-in. Optional upgrades may be available and could affect the total cost — subject to your builder.

Monthly HOA fees: $64 HOA stands for Homeowners Association. These fees help maintain and manage shared community amenities and services.

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M/I Homes

  • 4 Beds
  • 2.5 Baths
  • 2 Car garage
  • 2,622 Sq Ft

Overview

Home features

  • 1 Half Bathroom
  • 2 Stories
  • Primary Bed Upstairs
  • Single Family

Home description

Located at 3933 Teakmill Trail in Indianapolis, this new construction home offers 2,622 square feet living space across 2 levels. Designed to accommodate a range of lifestyles and daily routines, the floorplan balances open gathering spaces with private areas, creating a layout that is both practical and adaptable. The open-concept kitchen, dining area, family room, and adjoining morning room create a connected setting for everyday living and entertaining. Natural light fills these rooms, creating a bright and inviting atmosphere throughout. Tucked away from the home's central living areas, a flex room provides additional versatility for work, hobbies, or other daily activities.   4 bedrooms, 2 full bathrooms, and 1 half bathroom offer flexibility for a variety of household needs. The owne...

Located at 3933 Teakmill Trail in Indianapolis, this new construction home offers 2,622 square feet living space across 2 levels. Designed to accommodate a range of lifestyles and daily routines, the floorplan balances open gathering spaces with private areas, creating a layout that is both practical and adaptable. The open-concept kitchen, dining area, family room, and adjoining morning room create a connected setting for everyday living and entertaining. Natural light fills these rooms, creating a bright and inviting atmosphere throughout. Tucked away from the home's central living areas, a flex room provides additional versatility for work, hobbies, or other daily activities.   4 bedrooms, 2 full bathrooms, and 1 half bathroom offer flexibility for a variety of household needs. The owner's bedroom includes an en-suite bathroom and a spacious walk-in closet, while the remaining bedrooms share access to the second full bathroom. On the main level, a half bathroom adds convenience for both residents and visitors. Key features include: 2,622 square feet of finished living space Open-concept kitchen, dining, and family room 4 bedrooms, including an owner's bedroom with en-suite bathroom 2 full bathrooms and 1 half bathroom Electric fireplace Flex room Loft  Built for modern living, this home combines durable craftsmanship with thoughtfully selected finishes that are ready to enjoy from day one.


Special offers

Explore the latest promotions at Grayson. to learn more!

Financing

Take Advantage of Our 3/2/1 Buydown on a 30-Year Fixed FHA Loan*

For a limited time, increase your home-buying power and decrease your rate through our 3/2/1 buydown with first-year rates as low as 2.25% Rate* / 6.027% APR* on a 30-year fixed FHA loan offered through M/I Financial, LLC—saving you thousands. This offer runs through 11/30/2026.

Savings

Holiday of Homes

Enjoy limited-time, seasonal savings through the end of the year! View our exclusive offers on Quick Move-In and To-Be-Built homes throughout Indianapolis' top neighborhoods and school districts. This offer runs through 12/20/2026.

Hot deal

Good Friends Make Great Neighbors - Limited Time Only - Receive $2,000*

Do you love your M/I Home? Share the experience with friends and family - invite them to become your neighbors and enjoy a special "thank you" from us when they purchase. This offer runs through 11/30/2026.


Community highlights

Community amenities

  • Park

  • Playground

  • Trails

About Grayson

Grayson in Franklin Township offers new single-family homes on the southeast side of Indianapolis, blending suburban comfort with quick access to major city attractions. Set near local parks, dining, and everyday conveniences, the community provides an easygoing lifestyle just 20 minutes from Downtown Indy.The Essential Series features a selection of two-story floorplans with open main-level living, spacious kitchens, and plenty of natural light. A new phase of homesites includes peaceful water views, adding to the neighborhood’s inviting setting.Residents can enjoy nearby recreation such as the 99-acre Franklin Township Community Park, along with popular local restaurants and family-friendly destinations. Located within Franklin Township, Grayson offers a connected, relaxed place to call ...

Grayson in Franklin Township offers new single-family homes on the southeast side of Indianapolis, blending suburban comfort with quick access to major city attractions. Set near local parks, dining, and everyday conveniences, the community provides an easygoing lifestyle just 20 minutes from Downtown Indy.The Essential Series features a selection of two-story floorplans with open main-level living, spacious kitchens, and plenty of natural light. A new phase of homesites includes peaceful water views, adding to the neighborhood’s inviting setting.Residents can enjoy nearby recreation such as the 99-acre Franklin Township Community Park, along with popular local restaurants and family-friendly destinations. Located within Franklin Township, Grayson offers a connected, relaxed place to call home with thoughtfully designed spaces for modern living. More info about Grayson

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Home location

3933 Teakmill Trail, Indianapolis, IN 46239

Community location & sales center
Juliet

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

317-***-****

Sales Agent

Amanda Milan

Hours

Mon 12pm-6pm; Tue-Thu 11am-6pm; By Appointment Only Fri; Sat 11am-6pm; Sun 12pm-6pm


Neighborhood

Community map

Community location & sales center

317-***-****

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Driving directions to sales center

Schools near Grayson

Franklin Township Community School Corporation

Public High School

GreatSchools
rating
GreatSchools rating: 9 out of 10

Franklin Central High School

Grades 9 to 12

317-862-6646

6215 S Franklin Rd, Indianapolis, IN, 46259


Class ratio
1:21

Enrollment
3319

GreatSchools ratings are provided by GreatSchools.org and are for reference only. Ratings may not be available for all schools. Please verify school assignments and details with the local school district.


Amenities

Community & neighborhood

Local points of interest

  • The Links Golf Club
  • Milk and Honey Coffeehouse
  • Greatimes Family Fun Park
  • Smock Golf Course
  • Franklin Township Community Park
  • Downtown Wanamaker
  • Franciscan St Francis Health
  • Dakota Landing Golf Course
  • Greenwood Park Mall
  • Wolf Run Park
  • Hanna Haunted Acres
  • Wildwood Park

Health and fitness

  • Trails

Community services & perks

  • Playground
  • Park

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 50 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 170,000 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