Posted by Michelle Rinear in Indianapolis, Local Guides and Resources, Home Building Industry

If you’re looking to build a new home in Indiana, you’re in the right place. From the growing suburbs of the Indianapolis Metro to the charming towns dotting the Hoosier State, Indiana offers a wide range of opportunities for homebuyers.

With so many builders working across the state, finding the right one can feel overwhelming. To make your search easier, we’ve rounded up some of the top home builders in Indiana known for their craftsmanship, customer service, and range of home design options. Whether you’re a first-time buyer, ready to upgrade, or planning a custom home, these builders stand out in the Indiana market.

Who Are the Best Home Builders in Indiana?

1. M/I Homes

Where They Build: Indianapolis area and surrounding suburbs (Noblesville, Westfield, Brownsburg, Shelbyville, Greenwood, Bargersville, and McCordsville).

What Sets Them Apart: A trusted national builder with over 40 years of experience, M/I Homes is known for quality construction, innovative floorplans, and a commitment to customer care. They offer thoughtfully designed homes that include energy-efficient features, open-concept layouts, and designer-selected finishes. Their Whole Home Building Standards and comprehensive warranty program give homeowners added peace of mind.

Why Indiana Homebuyers Love Them: They provide a mix of product types—from single-family homes to villas and townhomes—and active communities in desirable suburbs around Indianapolis. Their experience and regional scale give buyers choices and process efficiency. 

2. Lennar

Where They Build: Central Indiana, including Indianapolis-Carmel-Anderson metro.

What Sets Them Apart: According to the 2024 Local Leaders list for the Indianapolis-Carmel-Anderson region, Lennar ranked #1 with 2,269 closings and a market share of ~29.5%.

Why Indiana Homebuyers Love Them: Being one of the largest national builders in the area gives them a wide footprint, many community options, and some economies of scale; good for buyers seeking new home communities with amenities.

3. Pulte Homes

Where They Build: Indianapolis Metro area and broader Indiana region.

What Sets Them Apart: Ranked #3 in that Indianapolis-metro local leader list (790 closings, ~10.3% share).

Why Indiana Homebuyers Love Them: Offers a wide variety of floorplans, often praised for community amenities and design variety. Ideal for buyers seeking a balance of quality and established process.

4. Arbor Homes

Where They Build: Indiana (especially around Indianapolis) across multiple communities.

What Sets Them Apart: Noted in “Top 5 Home Builders in Indiana” list as offering a broad range of new-home types and communities.

Why Indiana Homebuyers Love Them: For buyers seeking affordability plus new-construction product in communities with amenities, Arbor offers a compelling value proposition.

5. D.R. Horton

Where They Build: Indiana, including Indianapolis-area markets.

What Sets Them Apart: Ranked #4 in the Indianapolis-metro local leader list with 770 closings (~10% market share).

Why Indiana Homebuyers Love Them: Known for a broad entry-to-mid-level product offering, D.R. Horton suits buyers who want a newer home with streamlined process and solid value.

6. Taylor Homes

Where They Build: Custom and semi-custom homes across Indiana (Central, Eastern, Southern, Western regions)

What Sets Them Apart: With over 65 years of experience, Taylor Homes specializes in custom homes—giving buyers design freedom and lot-based builds.

Why Indiana Homebuyers Love Them: For those with land or a desire to build more custom than a tract home, Taylor offers flexibility, craftsmanship, and a high level of service.


How We Chose These Builders

We evaluated based on several key criteria to compile this list:

  • Presence across major Indiana markets (especially the Indianapolis metro area)
  • Market share and closings data (indicating volume, reliability)
  • Builder reputation including reviews and third-party listings
  • Range of home types and community options (single family, townhomes, villas)
  • Warranty, building standards, energy efficiency and customer care (where publicly available)

Each of the builders above offers something unique—whether it’s scale and variety, custom-capability, or value focus.


Choosing the Right Builder for You

When it comes to building your new home in Indiana, the right builder will depend on your location, budget, and lifestyle needs. Do you:

  • Want a build-on-your-own-lot custom home or a new build in a pre-developed community?
  • Prioritize floorplan variety and desirable neighborhood amenities?
  • Need energy-efficient build-standards, design-studio customization, and strong warranty support?
  • Prefer local community feel vs. larger national builder footprint?

If you’re just beginning your journey, starting with a builder like M/I Homes is a great place. They strike a balance between quality, process efficiency, design options, and scale. From there you can compare smaller custom builders if you want more personalization. And if budget or entry-level product is the priority, Arbor or D.R. Horton might be compelling.


Explore New Homes in Indiana

Ready to begin your new home building journey? Explore communities and options from M/I Homes and other builders in Indiana to discover what makes each builder unique—and find the one best aligned with your lifestyle and goals.



Author

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Michelle Rinear

Author

Michelle Rinear, Internet Sales Manager for M/I Homes - Indianapolis, applies over 20 years in the new home building industry and a wealth of knowledge from working various roles to help future homeowners help build their dream home with M/I Homes. Her passion for home design and her experience as a real estate agent position her to help with any aspects of home buying or ownership.

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