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Alden Elevation A
Lot 80 Selection Sheet
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Quick move-in A home that is move-in ready, or is already under construction. Under Construction

3934 Teakmill Trail

Indianapolis, IN 46239

$329,990 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.

M/I Homes Logo

M/I Homes

Alden in Grayson

  • 3 Beds
  • 2 Baths
  • 2 Car garage
  • 1,615 Sq Ft

Overview

Home features

  • 1 Story
  • Primary Bed Downstairs
  • Single Family

Home description

Located at 3934 Teakmill Trail in Indianapolis, this new construction home by M/I Homes offers 1,615 square feet of single-level living. With 3 bedrooms, 2 bathrooms, and a thoughtfully arranged floorplan, the home is designed to balance shared gathering areas with private spaces. The open-concept living space connects the kitchen, dining area, and family room, creating a continuous area for daily routines and entertaining. The layout keeps sightlines clear from one room to the next, making the main living area feel spacious and easy to navigate. Home Features 3 bedrooms and 2 full bathrooms Open-concept kitchen, dining, and family room Owner's bedroom with private en-suite bathroom 2 additional bedrooms suited for guests, a home office, or flexible use Morning room ...

Located at 3934 Teakmill Trail in Indianapolis, this new construction home by M/I Homes offers 1,615 square feet of single-level living. With 3 bedrooms, 2 bathrooms, and a thoughtfully arranged floorplan, the home is designed to balance shared gathering areas with private spaces. The open-concept living space connects the kitchen, dining area, and family room, creating a continuous area for daily routines and entertaining. The layout keeps sightlines clear from one room to the next, making the main living area feel spacious and easy to navigate. Home Features 3 bedrooms and 2 full bathrooms Open-concept kitchen, dining, and family room Owner's bedroom with private en-suite bathroom 2 additional bedrooms suited for guests, a home office, or flexible use Morning room Electric fireplace M/I Homes builds with attention to material quality and construction detail, and this home reflects that standard throughout. Finishes are pre-selected and coordinated, so the interior presents a consistent look from room to room. Everything in the home is new, including the mechanical systems, fixtures, and appliances, which reduces the maintenance typically associated with older homes. The single-story design eliminates stairs entirely, an advantage for daily accessibility and for anyone seeking a straightforward layout. With 3 bedrooms, 2 bathrooms, and functional square footage, this home accommodates a range of household needs.

Special offers

Explore the latest promotions at Grayson. to learn more!

Hot deal

Game Time: Ready. Set. Move.

It's time to huddle up and take a second look at those new homes on your roster. Our seasonal offers allow you to move into your new home before the end of the year, just in time for the holiday season. This offer runs through 10/11/2026.

Learn more
Hot deal

Good Friends Make Great Neighbors

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.

Learn more

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

3934 Teakmill Trail, Indianapolis, IN 46239

Community location & sales center
Alden

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

7311 Waylon Way Indianapolis, IN 46239

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.

View full builder profile > View builder's website >

This listing's information was verified with the builder for accuracy 9 hours ago