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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 $312,990 This is the starting price for available plans and quick move-ins within this community and is subject to change.

Monthly HOA fees: $64

  • 3-4 Beds
  • 2 Baths
  • 2 Car garage
  • 1,957 - 2,802 Sq Ft
  • 4 Total homes
  • 6 Floor plans

Special offers

Explore the latest promotions at Grayson. to learn more!

Hot deal

Hometown Heroes

We deeply appreciate our hometown heroes. Your dedication and tireless service make a difference every day. While we can never fully repay your commitment, we can make homeownership easier and more affordable for you.

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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.

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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.

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Upcoming events

April

25

Montelena Community & Model Grand Opening | 12:00PM-05:00PM

We’re opening a brand-new community featuring 2- and 3-Story Townhomes from the mid $300’s. Montelena is located near Greenfield Ave. and Promise Rd. in Noblesville and offers A+ r...

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

Available homes

Filters

Price
Bedrooms
Bathrooms

Floor plans (6)

Sawyer floor plan

Sawyer

From $312,990

  • 3 Beds
  • 2.5 Baths
  • 2 Gr
  • 1,957 SqFt
  • Floor plan
  • Single family home
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 (5)

3942 Teakmill Trail (Peyton)

3942 Teakmill Trail (Peyton)

$344,990

  • 4 Beds
  • 2.5 Baths
  • 2 Gr
  • 2,394 SqFt
  • Quick move-in
  • Single family home
3927 Quinn Road (Peyton)

3927 Quinn Road (Peyton)

$349,990

  • 4 Beds
  • 2.5 Baths
  • 2 Gr
  • 2,402 SqFt
  • Quick move-in
  • Single family home
3926 Quinn Road (Peyton)

3926 Quinn Road (Peyton)

$349,990

  • 4 Beds
  • 2.5 Baths
  • 2 Gr
  • 2,388 SqFt
  • Quick move-in
  • Single family home
7119 Waylon Way (Juliet)

7119 Waylon Way (Juliet)

$354,990

  • 4 Beds
  • 2.5 Baths
  • 2 Gr
  • 2,596 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

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Neighborhood

Community map

Community location & sales center

7311 Waylon Way Indianapolis, IN 46239

888-856-5304

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Driving directions to sales center

Amenities

  • Overall information

  • Neighborhood 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

Schools near Grayson

Franklin Township Community School Corporation

Franklin Central High School

High school.  Grades 9 to 12.

Public school

Teacher - student ratio: 1:21

Students enrolled: 3319

317-862-6646

6215 S Franklin Rd, Indianapolis, IN, 46259

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 170,000 homeowners, and grown to become one of the nation’s leading homebuilders.

View full builder profile > View builder's website >

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This listing's information was verified with the builder for accuracy 12 hours ago