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Five Points Homes for Sale

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  • /30

    $224,900

    • 3 Beds
    • 1 Bath
    • 1,464 Sq Ft

    3060 S Shortridge Rd, Indianapolis, IN 46239

    Charming and move-in ready, this 3-bedroom, 1-bath ranch-style home offers comfortable living in a quiet Franklin Township setting. Featuring approximately 1,464 square feet of living space, the home sits on a spacious, tree-lined lot of about 0.31 acres, providing both privacy and room to enjoy the outdoors. Inside, the home offers a functional layout with generous living areas and a recently

    Agent Photo

    Dana Wright

    RE/MAX Advanced Realty

    (317) 563-8372

    3060 S Shortridge Rd, Indianapolis, IN 46239
  • 7311 Waylon Way Unit 36492721, Indianapolis, IN 46239

    $315,990 New Construction

    • 3 - 4 Beds
    • 2.5 Baths
    • 2,128+ Sq Ft

    Brooklyn Plan at Grayson, Indianapolis, IN 46239

    Welcome to the Brooklyn plan, a home that's perfect for those seeking spaciousness, elegance, and top-notch craftsmanship. This home features 3 bedrooms (with an optional fourth), 2.5 bathrooms, a 2-car garage, and 2,128–2,245 square feet of living space.

    M/I Homes Builder
    7311 Waylon Way Unit 36492721, Indianapolis, IN 46239
  • 7311 Waylon Way Unit 36450335, Indianapolis, IN 46239

    $327,990 New Construction

    • 4 Beds
    • 2.5 Baths
    • 2,388+ Sq Ft

    Peyton Plan at Grayson, Indianapolis, IN 46239

    Welcome to the Peyton floorplan—a 2-story home featuring 4 bedrooms, 2.5 bathrooms, and 2,388–2,508 square feet of living space!

    M/I Homes Builder
    7311 Waylon Way Unit 36450335, Indianapolis, IN 46239
  • /10

    $312,990 New Construction

    • 3 Beds
    • 2.5 Baths
    • 1,957 Sq Ft

    Sawyer Plan at Grayson, Indianapolis, IN 46239

    Looking for a new home in Indianapolis Metro? The Sawyer plan might be your perfect match! This home offers 3 bedrooms, 2.5 bathrooms, and 1,957–2,063 square feet of living space.

    M/I Homes Builder
    7311 Waylon Way Unit 36147861, Indianapolis, IN 46239
  • /44

    $339,990 New Construction

    • 4 Beds
    • 2.5 Baths
    • 2,394 Sq Ft

    3942 Teakmill Trail, Indianapolis, IN 46239

    Ready now! Discover this stunning new construction home at 3942 Teakmill Trail in Indianapolis. This thoughtfully designed 4-bedroom, 2.5-bathroom home contains an abundance of open-concept living space, perfect for modern family life. Other exciting features of this home include a flex room, an electric fireplace, a loft, an owner's en-suite bathroom, a 2-car garage, and more! Located in a

    Jennifer Mencias M/I Homes of Indiana, L.P.

    3942 Teakmill Trail, Indianapolis, IN 46239
  • /36

    $344,990 New Construction

    • 4 Beds
    • 2.5 Baths
    • 2,402 Sq Ft

    3927 Quinn Rd, Indianapolis, IN 46239

    Discover this stunning new construction home located at 3927 Quinn Road in Franklin Township Indianapolis. Built by M/I Homes, this thoughtfully designed 4-bedroom, 2.5-bathroom home offers 2,402 square feet of comfortable living space. Key Features: Flex room Open-concept living space Loft Owner's en-suite bathroom This home sits in a desirable Franklin Township neighborhood known for its

    M/I Homes Builder
    3927 Quinn Rd, Indianapolis, IN 46239
  • /33

    $344,990 New Construction

    • 4 Beds
    • 2.5 Baths
    • 2,388 Sq Ft

    3926 Quinn Rd, Indianapolis, IN 46239

    Discover this stunning new construction home at 3926 Quinn Road in Franklin Township, built by M/I Homes. This thoughtfully designed 4-bedroom, 2.5-bathroom home spans 2,388 square feet and features an open-concept living space. Key features include: First-floor flex room Electric fireplace Loft Owner's en-suite bathroom The home's floorplan maximizes functionality while maintaining an inviting

    M/I Homes Builder
    3926 Quinn Rd, Indianapolis, IN 46239
  • /10

    $337,990 New Construction

    • 4 - 6 Beds
    • 2.5 - 4.5 Baths
    • 2,614+ Sq Ft

    Juliet Plan at Grayson, Indianapolis, IN 46239

    Introducing the Juliet plan—your new dream home with 4–5 bedrooms, 3.5 bathrooms, 2,614–2,734 square feet, and endless design possibilities.

    M/I Homes Builder
    7311 Waylon Way Unit 36502146, Indianapolis, IN 46239
  • /3

    $328,940 New Construction

    • 5 Beds
    • 2.5 Baths
    • 2,535 Sq Ft

    7621 Sebastian Place, Indianapolis, IN 46239

    Finally, an affordable dream home! This is the Washington floorplan (Deluxe Craftsman elevation) by Davis Homes which offers space and a flexible layout for today's living. It offers an open floorplan, first-floor bedroom AND office/study or whatever you need it to be, and a half bath. The kitchen is equipped with a walk-in pantry, a center island, and plenty of cabinet space, and is open to the

    David Landau Highgarden Real Estate

    7621 Sebastian Place, Indianapolis, IN 46239
  • /11

    $320,990 New Construction

    • 4 Beds
    • 2.5 Baths
    • 2,262+ Sq Ft

    Aubrey Plan at Grayson, Indianapolis, IN 46239

    Explore the stunning new Aubrey floorplan, offering 4 bedrooms, 2.5 bathrooms, and 2,262–2,379 square feet of thoughtfully designed living space!

    M/I Homes Builder
    7311 Waylon Way Unit 36500377, Indianapolis, IN 46239
  • /8

    $301,979 New Construction

    • 4 Beds
    • 3 Baths
    • 2,196 Sq Ft

    7615 Sebastian Place, Indianapolis, IN 46239

    Another thoughtfully designed new build brought to you by Davis Homes. This is the Roosevelt floorplan, which offers space and a flexible layout for today's living. It offers an open floorplan, first-floor bedroom for family or guests, or it can be used as a home office, AND a full bath. The kitchen is equipped with a pantry, center island, and plenty of cabinet space, and is open to the dining

    David Landau Highgarden Real Estate

    7615 Sebastian Place, Indianapolis, IN 46239
  • /25

    $347,990 New Construction

    • 4 Beds
    • 2.5 Baths
    • 2,596 Sq Ft

    7119 Waylon Way, Indianapolis, IN 46239

    Discover this stunning new construction home at 7119 Waylon Way in Indianapolis (Franklin Township), built by M/I Homes. This thoughtfully designed 4-bedroom, 2.5-bathroom home offers 2,596 square feet of comfortable living space. Key Features: First-floor flex room Open-concept living space Loft Walk-in closets in each bedroom Owner's en-suite bathroom This home showcases quality design

    M/I Homes Builder
    7119 Waylon Way, Indianapolis, IN 46239
  • /44

    $345,000

    • 3 Beds
    • 2.5 Baths
    • 2,035 Sq Ft

    3322 Summer Breeze Cir, Indianapolis, IN 46239

    Check out this move in ready, 3bedroom, 2.5bath, Franklin Township home, that was completely renovated down to the studs in 2024. Large cul-de-sac lot! New Double hung/double pane Low E vinyl windows & new siding & shutters. All electrical, plumbing, ductwork, insulation in walls & attic were replaced, as well as recessed lighting throughout the main level w smooth ceilings & walls! 2024 - new

    Veronica Ketron BluPrint Real Estate Group

    3322 Summer Breeze Cir, Indianapolis, IN 46239
  • /4

    $348,990 New Construction

    • 4 - 6 Beds
    • 2.5 - 4.5 Baths
    • 2,802+ Sq Ft

    Parke Plan at Grayson, Indianapolis, IN 46239

    With room for everyone and flexibility for anything, the Parke is built for how you live today—and tomorrow.

    M/I Homes Builder
    7311 Waylon Way Unit 36809777, Indianapolis, IN 46239
  • /3

    $303,615 New Construction

    • 3 Beds
    • 2.5 Baths
    • 1,764 Sq Ft

    2953 Strauss Ln, Indianapolis, IN 46239

    Discover modern elegance in this brand-new 3-bedroom Davis Home featuring the spacious Jefferson floorplan. This two-story gem boasts a contemporary design, highlighted by a kitchen island, second level laundry room, large walk-in closets in every bedroom, and double sinks in the primary ensuite bath. Be sure to check out the sun room just off the patio! Your dream home awaits! Home is complete

    David Landau Highgarden Real Estate

    2953 Strauss Ln, Indianapolis, IN 46239
  • /2

    $240,000

    • Land
    • 4.68 Acres
    • $51,282 per Acre

    7545 E Troy Ave, Indianapolis, IN 46239

    Spacious 4.68 acres vacant canvas in a highly desirable area of Franklin Township in Indianapolis! Nestled in a peaceful setting while still offering easy access to major highways, schools, shopping, and dining, this lot is ready for your vision. Currently zoned D-5, DP residential.Could have 1 to 4 homes on property or could be developed by a builder and have multiple homes on the site. There is

    Christine Sanders eXp Realty, LLC

    7545 E Troy Ave, Indianapolis, IN 46239
  • /32

    $277,500

    • 3 Beds
    • 2.5 Baths
    • 2,034 Sq Ft

    3406 Cork Bend Dr, Indianapolis, IN 46239

    WELCOME TO 3406 CORK BEND DRIVE!! Situated on a beautiful large corner lot this 2-story home is ready for its new owners. Updated inside and out this one is the definition of move-in ready! First floor has plenty of wide open space including multiple living areas and nice dining/kitchen space. Gorgeous kitchen is sure to impress - plenty of counter space and cabinets including quartz counters,

    Joshua O'Brien O'Brien Real Estate LLC

    3406 Cork Bend Dr, Indianapolis, IN 46239
  • /3

    $272,372 New Construction

    • 3 Beds
    • 2.5 Baths
    • 1,664 Sq Ft

    7633 Sebastian Place, Indianapolis, IN 46239

    Welcome home to the Roosevelt - where comfort, quality, and everyday convenience come together. This thoughtful two-story plan from Davis Homes offers about 1664 sq. ft. of well-designed living space with 3 bedrooms and 2.5 baths and a 2-car garage - all at a price point that makes it a great choice for buyers. Value & Quality You Can See - Inside and Out Built with Davis Homes' commitment to

    Edward Petras DBG Realty

    7633 Sebastian Place, Indianapolis, IN 46239
  • /21

    $239,900

    • 3 Beds
    • 1.5 Baths
    • 1,249 Sq Ft

    3841 Wildwood Dr, Indianapolis, IN 46239

    Welcome home to this charming ranch tucked away on a quiet street in desirable Franklin Township! From the moment you arrive, you'll appreciate the mature trees, spacious yard, and inviting curb appeal that make this home feel like a retreat. Inside, you'll find a comfortable and functional layout filled with natural light, offering the perfect blend of everyday living and opportunity to make it

    Megan Lewis Daniels Real Estate

    3841 Wildwood Dr, Indianapolis, IN 46239
  • /44

    $425,000

    • 5 Beds
    • 4 Baths
    • 3,325 Sq Ft

    3041 S Kercheval Dr, Indianapolis, IN 46239

    RARE opportunity to own an UPDATED, highly adaptable property in Franklin Township offering multiple private living spaces and income potential all on nearly half an acre. Originally built as a ranch-style home and since extensively expanded and improved, now offering approx. 3,325sqft of living space configured to support a variety of use cases. The main residence features 4 bedrooms and 2 full

    Nathaniel Wozniak Berkshire Hathaway Home

    3041 S Kercheval Dr, Indianapolis, IN 46239
  • /27

    $276,000

    • 3 Beds
    • 1.5 Baths
    • 1,540 Sq Ft

    3502 S Sadlier Dr, Indianapolis, IN 46239

    ASSUMABLE MORTGAGE OF 4.125% Welcome home to this well-maintained all-brick ranch situated on a large corner lot in desirable Franklin Township. This three-bedroom, one-and-a-half-bath home offers comfortable living with thoughtful updates throughout. The beautiful kitchen features abundant cabinet space, stainless steel appliances, a convenient pot filler over the stove, and a spacious eat-in

    Lora Reynolds Epique Inc

    3502 S Sadlier Dr, Indianapolis, IN 46239
  • /23

    $239,900

    • 4 Beds
    • 2.5 Baths
    • 1,486 Sq Ft

    3305 Black Forest Ln, Indianapolis, IN 46239

    Spacious 2 story home with in the Franklin area with a newly installed roof! 4 bedrooms, 2.5 bath, with a charming kitchen/dining room combo, and a 2 car garage.

    Todd Roberts PARC REALTY GROUP, LLC

    3305 Black Forest Ln, Indianapolis, IN 46239
  • /2

    $30,000

    • Land
    • 0.22 Acre
    • $136,364 per Acre

    3250 Fisher Rd, Indianapolis, IN 46239

    Matthew Jones The Modglin Group

    3250 Fisher Rd, Indianapolis, IN 46239
  • /32

    $288,500

    • 4 Beds
    • 2.5 Baths
    • 2,152 Sq Ft

    7816 Danube St, Indianapolis, IN 46239

    Welcome to this well-maintained 4-bedroom, 2.5-bath home in Hanover Estates in Franklin Township. Built with modern living in mind, the spacious main level features a large living area and an oversized eat-in kitchen, ideal for entertaining. A generous utility room provides additional storage and functionality. Upstairs, you'll find four comfortably sized bedrooms, two full baths, and a

    Kimberly Pickett CENTURY 21 Scheetz

    7816 Danube St, Indianapolis, IN 46239
  • /31

    $287,770 New Construction

    • 4 Beds
    • 3 Baths
    • 2,196 Sq Ft

    2805 Brahms Way, Indianapolis, IN 46239

    Welcome home to the Roosevelt - where comfort, quality, and everyday convenience come together. This thoughtful two-story plan from Davis Homes offers about 2,196 sq. ft. of well-designed living space with 4 bedrooms and 3 baths and a 2-car garage - all at a price point that makes it a great choice! Value & Quality You Can See - Inside and Out Built with Davis Homes' commitment to lasting

    Edward Petras DBG Realty

    2805 Brahms Way, Indianapolis, IN 46239
  • /36

    $365,000 New Construction

    • 4 Beds
    • 2.5 Baths
    • 2,376 Sq Ft

    7311 Waylon Way, Indianapolis, IN 46239

    Welcome to this stunning new model home at 7311 Waylon Way in Indianapolis / Franklin Township! This beautiful 2-story home, featuring our Aubrey plan, offers a perfect blend of modern design and comfort, perfect to cater to your family's needs. This spacious home boasts 4 bedrooms and 2.5 bathrooms, providing ample space for everyone. The open floorplan creates a welcoming and airy feel, ideal

    M/I Homes Builder
    7311 Waylon Way, Indianapolis, IN 46239
  • /3

    $225,900

    • 3 Beds
    • 2.5 Baths
    • 2,009 Sq Ft

    3530 Cork Bend Dr, Indianapolis, IN 46239

    Welcome to this well-maintained home located in the desirable Franklin Township area, offering comfort, functionality, and great value at an affordable price. Priced to sell fast, this property is ideal for first-time buyers, investors, or anyone looking for a home in a convenient and established community. Step inside to find a spacious and inviting layout with ample natural light throughout.

    Kimberly Yarrell Triple E Realty, LLC

    3530 Cork Bend Dr, Indianapolis, IN 46239
  • /28

    $259,000

    • 4 Beds
    • 2.5 Baths
    • 2,048 Sq Ft

    3245 Blue Ash Ln, Indianapolis, IN 46239

    Welcome to this beautifully appointed four-bedroom, three-bath home nestled on a peaceful cul-de-sac in the desirable Franklin Township area of Indianapolis. This spacious two-story residence combines modern elegance with everyday comfort. Step inside to discover a stunning blend of flooring throughout: the living room and dining room feature rich hardwood bamboo, while the bedrooms have

    Mershaun Scott Real People Realty, Inc.

    3245 Blue Ash Ln, Indianapolis, IN 46239
  • /35

    $267,900

    • 3 Beds
    • 2.5 Baths
    • 2,583 Sq Ft

    7737 Wolfgang Place, Indianapolis, IN 46239

    Welcome to 7737 Wolfgang Place - a beautifully designed retreat in Warren Township! Discover the perfect blend of comfort, style, and functionality in this custom-built, move-in-ready home nestled in desirable Warren Township, Marion County. Located on a quiet street and backing up to a scenic walking path, this spacious two-story residence is ready to welcome you home. Step inside to a warm and

    Richard Spencer Signature Real Estate, LLC

    7737 Wolfgang Place, Indianapolis, IN 46239
  • /33

    $159,900

    • 2 Beds
    • 1 Bath
    • 952 Sq Ft

    7231 E Troy Ave, Indianapolis, IN 46239

    Charming 2-bedroom, 1-bath bungalow in Franklin Township! This home features a covered front porch, fresh paint throughout, brand-new carpet, and updated light fixtures. The layout includes a nicely sized laundry room for added functionality. Outside, you'll find a fully fenced backyard along with a gardening shed (mini barn) for extra storage. Recent updates include a new water heater. A solid,

    Jim Perry Ever Real Estate, LLC

    7231 E Troy Ave, Indianapolis, IN 46239

Why Live in Five Points

Five Points is a southeast Indianapolis neighborhood known for its vibrant community events and diverse housing styles. The annual Marion County Fair is a major attraction, celebrating the county's agricultural heritage with livestock barns, a carnival midway, and unique performances like Twiggy the Water-Skiing Squirrel. The Circle City Raceway at the fairgrounds hosts weekly races from April through October. Housing in the neighborhood includes Craftsmans and bungalows from the 1910s, midcentury ranch-style homes and two-story Traditional houses from the 2010s, typically on large lots. Dining options nearby include Xtrordinary Pizza, Brewskies Pub and Eatery, and One More Lounge, known for its live music on weekends. For outdoor activities, Wildwood Park offers a picnic shelter, playground, and splash pad, while Hanover North Park features a walking path and playground. The nearby Indy Island Aquatic Center provides a heated indoor pool and a 15-foot slide. Five Points is conveniently located at the junction of Interstates 74 and 465, with downtown Indianapolis 7 miles away and Indianapolis International Airport about 20 miles to the west.

Frequently Asked Questions

Is Five Points a good place to live?
Five Points is a good place to live. Five Points is considered very car-dependent and bikeable with minimal transit options. Five Points is a suburban neighborhood with a crime score of 4, on par with the average neighborhood in the U.S. Five Points has 6 parks for recreational activities. It is fairly sparse in population with 3.6 people per acre and a median age of 32. The average household income is $87,911 which is below the national average. College graduates make up 30.2% of residents. A majority of residents in Five Points are home owners, with 28.7% of residents renting and 71.3% of residents owning their home. A local real estate agent serving Five Points can help you decide if this neighborhood is the right one for you. Learn more on our Five Points neighborhood guide.
Is Five Points, IN a safe neighborhood?
Five Points, IN is a safe neighborhood and is on par with the average neighborhood in the United States. It received a crime score of 4 out of 10.
How much do you need to make to afford a house in Five Points?
The median home price in Five Points is $295,000. If you put a 20% down payment of $59,000 and had a 30-year fixed mortgage with an interest rate of 6.46%, your estimated principal and interest payment would be $1,490 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $64K a year to afford the median home price in Five Points. Learn how much home you can afford with our Home Affordability Calculator. The average household income in Five Points is $88K.
What are the best public schools in Five Points?
The best public schools that serve Five Points are:
What are the best private schools in Five Points?
The best private schools that serve Five Points are:
What are the most popular zip codes in Five Points, Indianapolis, IN?
The most popular zip codes in Five Points, Indianapolis, IN include 46239, 46203, 46237, 46107 and 46259.
What are the most popular neighborhoods near Five Points, Indianapolis, IN?
The most popular neighborhoods near Five Points, Indianapolis, IN are Raymond Park, Poplar Grove, Southeast Indianapolis, Southeast Warren and Wanamaker.

Home Trends in Five Points, IN

Housing Trends

Median Sale Price
$264,500
Median Single Family Sale Price
$287,000
Median 2 Bedroom Sale Price
$195,000
Average Price Per Sq Ft
$143
Number of Homes for Sale
30
Last 12 months Home Sales
110
Months of Supply
3.30
Median List Price
$295,000
Median Change From 1st List Price
1%
Median Home Sale Price YoY Change
2%
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