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Indianapolis, Indiana

Grayson

Single Family Homes in Indianapolis, Indiana
7311 Waylon Way, Indianapolis, Indiana 46239
Priced from: $314,990 ( ) Estimate Your Monthly Payment
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Grayson
7311 Waylon Way
Indianapolis, IN 46239
  • Mon: 12:00PM - 6:00PM
  • Tue: 11:00AM - 6:00PM
  • Wed: 11:00AM - 6:00PM
  • Thu: 11:00AM - 6:00PM
  • Fri: 11:00AM - 6:00PM
  • Sat: 11:00AM - 6:00PM
  • Sun: 12:00PM - 6:00PM

Homes for Sale in Franklin Township, Indiana

Designed with the quality and craftmanship M/I Homes is known for, Grayson offers a collection of thoughtfully designed new construction homes for sale in Franklin Township, Indiana on the southeast side of Indianapolis.

With 7 distinct 1- and 2-story single family floorplans ranging in size and layout, you’ll find options that fit a variety of lifestyles—whether you're purchasing your first home, making room for a growing family, or simply looking for a new home with more space.

Open-concept layouts seamlessly connect the main living spaces, including spacious kitchens that serve as the heart of the home, flexible space for working or learning from home, and private owner’s suites designed for relaxation.

Making your home feel personal is easy with professionally curated interior design packages that take the guesswork out of the selection process. From modern finishes and coordinated color palettes to stylish fixtures and features, every package delivers a cohesive, designer-inspired look you’ll love coming home to.

Whether you're ready to move quickly into a professionally designed Quick Move-In home or prefer to build a home that aligns with your timeline, Grayson offers flexible opportunities to help you find the perfect fit.

Community Amenities Designed for Everyday Enjoyment

Life at Grayson extends beyond your front door with community amenities you won’t find in every neighborhood.

Take a walk along the community trails, spend an afternoon fishing, or let the kids burn off energy at the playground. The community gathering area, complete with a pavilion and picnic space, creates the perfect setting for birthday celebrations, neighborhood get-togethers, and relaxing weekends with family.

Combined with scenic homesites and peaceful water views throughout select areas of the community, Grayson offers a welcoming environment where it's easy to enjoy the outdoors and build lasting connections.

Explore The Surrounding Area: Indianapolis and Franklin Township

At Grayson, you'll enjoy the perfect balance of a peaceful neighborhood setting and easy access to some of Indianapolis' most exciting destinations. Situated in Franklin Township on Indianapolis' southeast side, this community places you just minutes from everyday conveniences and 20 minutes away from Downtown Indianapolis.

Spend the day exploring the Indianapolis Zoo or Children's Museum, catch a Colts game at Lucas Oil Stadium, enjoy a concert at Gainbridge Fieldhouse, or discover local restaurants, boutiques, and entertainment along Mass Avenue. Frequent travelers will also appreciate the convenient drive to Indianapolis International Airport for business trips and vacations.

Closer to home, Franklin Township offers plenty of opportunities to explore. Enjoy outdoor recreation at the 99-acre Franklin Township Community Park, visit local dining favorites like Shakers Good Eats, New Bethel Ordinary, Red Cactus Mex Restaurant & Bar, and Milk & Honey Coffeehouse, or spend an evening at Buck Creek Winery, known for its scenic setting and year-round events.

Daily errands are equally convenient, with grocery stores, pharmacies, retail shopping, restaurants, and other essential services located nearby along Thompson Road and throughout the surrounding area.

New Homes in the Franklin Township Community School Corporation

For many families, access to strong schools is one of the most important factors when choosing a new home, and Grayson delivers with its location in the highly regarded Franklin Township Community School Corporation.

Students living in the community have access to schools that are known for their commitment to academic achievement, student involvement, and extracurricular opportunities. From athletics and performing arts to advanced academic programs and community engagement initiatives, Franklin Township schools provide a well-rounded educational experience where students thrive.

Experience the M/I Difference at Grayson

When you choose a new home at Grayson, you're choosing more than a beautiful floorplan and an exceptional location. You're partnering with a builder that has helped families achieve their dream of homeownership for more than 50 years.

From professionally curated design selections and thoughtfully designed floorplans to our commitment to quality construction, every step of the homebuying journey is built around providing a smooth and enjoyable experience. For added peace of mind, every home is backed by our 10-Year Transferable Structural Warranty and built to meet our comprehensive Whole Home Building Standards.

Discover why so many homebuyers are choosing Grayson and explore everything this Franklin Township community has to offer today.

Overview

City
Indianapolis
Community Status
Now Selling
County
Marion
Sq. Footage
1,615 - 2,908
School District
Franklin Twp Community Schools
Home Types
Single Family Homes
HOA Fees
$64/mo

From the North:

  • Take I-465 S / I-69 to Old U.S. 421 W in Indianapolis
  • Take Exit 49 from I-465 S / I-69
  • Take Southeastern Ave, then turn right onto E Hanna Ave
  • Grayson will be on your right

Upcoming Events

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The home plan that's right for you

The following plans can be personalized for you and built in this community.

Take an Aerial Tour of This New Community

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Kitchen

About Our Essential Series Homes

We've taken the guesswork and stress out of the homebuilding process with all of our Essentials Series floorplans available at Grayson. You'll have a selection of professionally curated design packages to choose from as you bring your dream home to life—with ease!

What Does Smart Series Entail?
Construction work consultation with a couple

Why Buy New?

Looking to buy your first, second, or even third home? Choosing between a resale or a new construction but not sure you can afford the latter? Time to consider all the benefits of a new construction home!

New vs. Used Homes
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Get in Touch With Our Team

Just a note, email, or call away, our team of Internet Sales Managers are local to Indianapolis Metro and know the ins and outs of this community. They're here to answer all your questions and guide you through the next steps to homeownership. Get in touch when you're ready!

What to Expect When You Talk to An Internet Sales Manager
Lifestyle

New Home Financing Experts in Your Corner

Our in-house lenders assess your financial situation to get you the best rate and loan program possible. Even though you can finance your home with whomever you wish, choosing M/I Financial, LLC makes the buying and communication process as seamless as possible.

The M/I Financial Difference
Indianapolis Skyline

Perks of Living in Indianapolis Metro

Just southwest of Indianapolis, the Franklin Township suburb offers an amazing school system, affordable living, and a family-focused community that’s perfect for your forever home.

Learn More
  • Testimonial
    The Engels Family, Happy Homeowners Indianapolis, Indiana
    Working with the entire team at M/I Homes has been a great experience! Every part of the home buying process has been seamless. They have responded quickly to any questions we have and have been proactive in giving us updates.
  • Speech Bubble
    Bolingo K, Happy Homeowner Indianapolis, Indiana
    M/I financial representatives was friendly, good communication and explained to me everything.
  • Speech Bubble
    Ashlynn H, Happy Homeowner Indianapolis, Indiana
    Caleb and Drew were so great to work with. I felt like they were both very personable and professional!
  • Speech Bubble
    Erica S, Happy Homeowner Indianapolis, Indiana
    Process was very easy and super happy with M/I

Discover the Franklin Township area and all it has to offer

Discover what’s around Grayson, plan your commute, and find the perfect dinner spot.

PGA Golf
The Links Golf Club
8.3 miles away (about a 17 minute drive)
Franklin Township Community Park
3.6 miles away (about a 8 minute drive)
Surrounding Area
Greenwood Park Mall
10 miles away (about a 22-minute drive)

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