Date
Details
Price
Change
Source
8/22/2026
Listed
$3,995,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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1/27
$3,995,000 Just Listed
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1/27
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 facade 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.
Full Property Details
Full Property Details for 5116 Indianola Ave
General
- Price: $3,995,000
- Taxes: $11,978 (2026)
- Status: Active
- Type: Single Family
- Source: NorthStarMLS_RMLS
- MLS ID: 7132604
- Updated: 8/24/2026
- Added to Site: 3 day(s) ago
Interior
- Fireplace: Yes
- Number of Fireplaces: 1
- Fireplace(s): Family Room, Gas
- Appliances: Air-To-Air Exchanger, Chandelier, Cooktop, Dishwasher, Disposal, Double Oven, Dryer, Exhaust Fan, Microwave, Refrigerator, Stainless Steel Appliances, Wall Oven, Washer, Water Softener Owned
Rooms
Bathrooms
- Total Bathrooms: 5
- Full Bathrooms: 2
- 3/4 Bathrooms: 2
- Half Bathrooms: 1
Bedrooms
- Total Bedrooms: 5
Other Rooms
- Dining Room: Kitchen/Dining Room, Separate Formal Dining Room
- Formal Dining Room: Kitchen/Dining Room, Separate/Formal Dining Room
Additional Information
- Amenities: Exercise Room, French Doors, Hardwood Floors, Kitchen Center Island, Kitchen Window, Primary Bedroom Walk-In Closet, Porch, In-Ground Sprinkler, Wet Bar, Walk-In Closet
Exterior
- Porch/Patio/Deck: Patio, Screened
Parking
- Garage: Yes
- Attached garage: Yes
- Garage Description: 22 x 22
- Garage Spaces: 2
- Parking Features: Attached Garage, Concrete, Finished Garage, Garage Door Opener, Insulated Garage
Location
- County: Hennepin
- Township: Edina
- Subdivision: Glenview Add To Edina
- Driving Directions: France to 52nd to Indianola
School Information
- School District: 273 - Edina
- High School District: Edina
Heating & Cooling
- Central air: Yes
- Cooling Type: Central Air
- Heating Type: Forced Air, In-Floor Heating
- Heating Fuel: Natural Gas
Utilities
- Sewer: City Sewer Connected
- Water: City Water (Connected)
Structural Information
- Builder: GREAT NEIGHBORHOOD HOMES INC
- Exterior Const.: Concrete
- Basement: Yes
- Finished basement: Yes
- Basement Desc.: Drain Tiles, Egress Window(s), Finished, Full, Sump Basket
- Foundation Size: 1750
- Roof: Asphalt
- Disability Access: None
- Square Feet: 5,000
- Above Ground: 3,500 Sq. Ft.
- Below Ground: 1,750 Sq. Ft.
- Finished Down/Base.: 5,250 Sq. Ft.
- Year Built: 2027
Lot Features
- Lot Size (Acres): 0.18
- Lot Dimensions: 105 x 75
- Frontage: City Street, Paved Streets, Storm Sewer
- Zoning: Residential-Single Family
Financial Considerations
- Tax Amount: $11,978
- Tax Year: 2026
Disclosures and Reports
- Legal Description: LOT 005 BLOCK 003 GLENVIEW ADDN TO EDINA
- Property ID: 1802824410127
Listed by Lakes Sotheby's International Realty
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— 5116 Indianola Ave —
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NMLS#: 1598647
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Schools
Schools serving 5116 Indianola Ave
School District:Edina Public School District
| Name | Grades | Distance |
|---|---|---|
Concord Elementary School 5900 Concord Avenue, Edina, MN 55424 | K-5 | 1.2 mi |
South View Middle School 4725 South View Lane, Edina, MN 55424 | 6-8 | 1 mi |
Edina Senior High School 6754 Valley View Road, Edina, MN 55439 | 9-12 | 2.9 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 5116 Indianola Ave
Tax History
Tax History for 5116 Indianola Ave
Year
Property Taxes
Change
Tax Assessment
Change
2025
$13,111
8%
$846,200
4%
2024
$12,152
10%
$813,400
6%
2023
$11,023
9%
$769,300
10%
2023
$10,121
—
$700,800
13%
2023
$10,121
9%
$620,500
4%
2020
$9,254
3%
$597,800
3%
2019
$8,976
-2%
$581,200
—
2018
$9,191
6%
$582,100
8%
2017
$8,665
12%
$538,800
-2%
2016
$7,759
-4%
$547,100
-6%
2015
$8,057
15%
$583,800
17%
2014
$7,028
2%
$499,200
—
2013
$6,921
—
$499,200
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 5116 Indianola Ave
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- Single Family
- Active
- Updated 1 day ago
- 4Beds
- 4Total Baths
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- 2Beds
- 1Total Bath
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- Condo
- Active
- Updated 1 day ago
- 1Bed
- 1Total Bath
- 786Sq. Ft.
Listed by Real Broker, LLC
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- Updated 4 days ago
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- 2Total Baths
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Listed by Keller Williams Realty Integrity
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- Single Family
- Closed
- 4Beds
- 4Total Baths
- 6,893Sq. Ft.
Listed by Shane Spencer
Sold by Lakes Sotheby's International Realty
Sold by Lakes Sotheby's International Realty
- Single Family
- Closed
- 5Beds
- 6Total Baths
- 6,203Sq. Ft.
Listed by Lakes Sotheby's International Realty
Sold by Lakes Sotheby's International Realty
Sold by Lakes Sotheby's International Realty
- Single Family
- Closed
- 6Beds
- 7Total Baths
- 6,024Sq. Ft.
Listed and Sold by Jeffrey Dewing
- Single Family
- Closed
- 6Beds
- 9Total Baths
- 9,788Sq. Ft.
Listed by Berg Larsen Group
Sold by Lakes Sotheby's International Realty
Sold by Lakes Sotheby's International Realty
5116 Indianola Avenue, Edina, MN 55424 (MLS# 7132604) is a Single Family property with 5 bedrooms, 2 full bathrooms and 3 partial bathrooms. 5116 Indianola Avenue is currently listed for $3,995,000 and was received on August 22, 2026. Want to learn more about 5116 Indianola Avenue? Do you have questions about finding other Single Family real estate for sale in Edina? You can browse all Edina real estate or contact a Coldwell Banker agent to request more information.