5116 Indianola Avenue, Minneapolis, MN 55424 (MLS# 7132604)


$3,995,000
5116 Indianola Avenue
Minneapolis, MN 55424
MLS# 7132604
5 beds  |  5 baths  |  5250 sqft


5116 Indianola Avenue, Minneapolis, MN 55424
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Property Description
Stunning new construction by Great Neighborhood Homes in an A-plus Edina location, just two short blocks from Arden Park and 50th & France and a short stroll to Edina Country Club. Set on a quiet, tree-lined street, this exceptional homesite offers the future owner the opportunity to customize a dream home to their exact specifications. The conceptual rendering showcases an elegant brick façade with expansive window walls and a Juliet balcony. Inside, the thoughtfully designed open floor plan centers around an impressive great room and includes both formal and informal dining spaces. The showcase gourmet kitchen is designed to impress, featuring high-level appliances, an oversized center island, and a generous walk-in pantry. The main level also offers a private library and a screened porch. Upstairs, four spacious bedrooms include a luxurious primary suite with vaulted ceilings, a spa-inspired bathroom, and an enormous walk-in closet. The second bedroom features its own junior suite, while bedrooms three and four share a Jack-and-Jill bath. A spacious upper-level laundry room adds everyday convenience. The expansive lower level is designed for entertaining and recreation, with a large TV and recreation area, wet bar, billiards/ping-pong space, and a generous exercise room. A fifth bedroom suite provides an ideal space for guests. Additional possibilities include a rare three-car garage or a main-level primary suite, as well as a sport court or golf sim. The image shown is a conceptual rendering of the proposed home and represents one possible design for the lot. Owner can make own selections. Photos are a representation of builder’s work.

Details
Maps
Contract Information
Status: Active
Contingency: None
Current Price: 3995000
Original List Price: 3995000
ListPrice: 3995000
List Date: 2026-08-22
Owner is an Agent?: No
Auction?: No
General Property Information
Association Fee Frequency: N/A
Common Wall: No
Lot Measurement: Acres
Manufactured Home?: No
Multiple PIDs?: No
New Development: No
Number of Fireplaces: 1
Waterfront YN: No
Year Built: 2027
Yearly/Seasonal: Yearly
Zoning: Residential-Single Family
Bedrooms: 5
Baths Total: 5
Bath Full: 2
Bath Three Quarters: 2
Bath Half: 1
Main Floor Total SqFt: 1750
Above Grd Total SqFt: 3500
Below Grd Total SqFt: 1750
Total SqFt: 5250
Total Finished Sqft: 5000.00
FireplaceYN: Yes
Style: (SF) Single Family
Foundation Size: 1750
Power Company: Xcel Energy
Garage Stalls: 2
Lot Dimensions: 105 X 75
Acres: 0.18
Assessment Pending: Yes
Location Tax and Other Information
House Number: 5116
Street Name: Indianola
Street Suffix: Avenue
Postal City: Minneapolis
County: Hennepin
State: MN
Zip Code: 55424
Complex/Dev/Subdivision: Glenview Add To Edina
Assessments
Assessment Installment: 1133
Tax With Assessments: 13110
Builder Information
Builder ID: GREAT NEIGHBORHOOD HOMES INC
Builder License Number: 521688
Builder Name: GREAT NEIGHBORHOOD HOMES INC
Building Information
Finished SqFt Above Ground: 3500
Finished SqFt Below Ground: 1500
Insurance Fee
Insurance Fee Frequency: N/A
Lease Details
Land Leased: Not Applicable
Miscellaneous Information
Homestead: No
Ownership
Fractional Ownership: No
Parking Characteristics
Garage Dimensions: 22x22
Garage Square Feet: 484
Public Survey Info
Range#: 24
Section#: 18
Township#: 28
Property Features
Accessible: None
Air Conditioning: Central Air
Amenities Unit: Exercise Room; French Doors; Hardwood Floors; In-Ground Sprinkler; Kitchen Center Island; Kitchen Window; Porch; Primary Bedroom Walk-In Closet; Walk-In Closet; Wet Bar
Appliances: Air-To-Air Exchanger; Chandelier; Cooktop; Dishwasher; Disposal; Double Oven; Dryer; Microwave; Refrigerator; Washer
Basement: Drain Tiled; Egress Windows; Full
Bath Description: Full Jack & Jill; Main Floor 1/2 Bath; Upper Level 3/4 Bath; Upper Level Full Bath; Full Primary; Private Primary; 3/4 Basement; Bathroom Ensuite; Jetted Tub; Separate Tub & Shower; Walk-In Shower Stall
Builder Information: Builder Association of Minnesota
Construction Materials: Concrete
Construction Status: To Be Built/Floor Plan
Dining Room Description: Kitchen/Dining Room; Separate/Formal Dining Room
Exterior: Brick/Stone; Cement Board
Family Room Characteristics: 2 or More; Family Room; Great Room; Lower Level; Main Level
Fireplace Characteristics: Family Room; Gas Burning
Foundation: Concrete Block
Fuel: Natural Gas
Heating: Forced Air; In-Floor Heating
Parking Characteristics: Finished Garage; Garage Door Opener; Insulated Garage
Road Frontage: City Street; Paved Streets; Storm Sewer
Road Responsibility: Public Maintained Road
Roof: Asphalt Shingles
Sewer: City Sewer/Connected
Stories: Two
Water: City Water/Connected
Room Information
Room Name Level
Amusement RoomLower
Bar/Wet Bar RoomLower
Billiard RoomLower
Dining RoomMain
Exercise RoomLower
Fifth (5th) BedroomLower
First (1st) BedroomUpper
Fourth (4th) BedroomUpper
FoyerMain
Great RoomMain
KitchenMain
LaundryUpper
LibraryMain
Pantry (Walk-In)Main
Screened PorchMain
Second (2nd) BedroomUpper
Third (3rd) BedroomUpper

Listing Office: Lakes Sotheby's International Realty

Last Updated: August - 24 - 2026

The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity SM Program of the Regional Multiple Listing Service of Minnesota, Inc. The information provided is deemed reliable but not guaranteed. Properties subject to prior sale, change or withdrawal. ©2026 Regional Multiple Listing Service of Minnesota, Inc All rights reserved.

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