NOT LISTED FOR SALE

5038 Arling Ct Indianapolis, IN 46237

South Emerson Neighborhood

Estimated Value: $299,389 - $377,000

3 Beds
2 Baths
2,851 Sq Ft
$117/Sq Ft Est. Value

Last Sold January 22, 2020

Last sale price $250,000 $88 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $2,377/month

181 Days on Market

Highlights

  • Ranch Style House
  • Breakfast Room
  • 2 Car Attached Garage
  • Covered Patio or Porch
  • Cul-De-Sac
  • Forced Air Heating and Cooling System

About This Home

As of January 2020

Stylish new Beacon Coastal Classic ranch plan by Fischer Homes in beautiful Highgate featuring open concept living with an island kitchen with stainless steel appliances, oak cabinetry, pantry and walk-out morning room all open to the large family room. Gorgeous vinyl plank flooring. Owners suite with an en suite with a double bowl vanity, walk-in shower and walk-in closets. 2 spacious secondary bedrooms, full bathroom and 1st floor laundry. Full basement and 2 car garage with service door, opener and keyless entry system.

Last Agent to Sell the Property

Marie Edwards

HMS Real Estate, LLC License #RB14030108 Listed on: 06/27/2019

Last Buyer's Agent

Sharanjit Nagra

Nagra Realty Inc

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10

Year Built

  • Built in 2019

Lot Details

  • 7,497 Sq Ft Lot
  • Cul-De-Sac

Parking

  • 2 Car Attached Garage
  • Driveway

Home Design

  • Ranch Style House
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,851 Sq Ft Home
  • Breakfast Room
  • Fire and Smoke Detector
  • Laundry on main level
  • Basement

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Covered Patio or Porch

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas

Community Details

  • Association fees include management
  • Highgate Subdivision
  • Property managed by Omni Management Services
  • The community has rules related to covenants, conditions, and restrictions

Listing and Financial Details

  • Assessor Parcel Number 491505135007015500

Home Details

Home Type

Single Family

Est. Annual Taxes

$10

Year Built

Built in 2019

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: Ranch
  • Builder Name: Fischer Homes
  • Property Type: Residential
  • New Construction: Yes
  • Tax Year: 2018
  • Year Built: 2019
  • Garage Y N: Yes
  • Lot Size Acres: 0.1721
  • Subdivision Name: HIGHGATE
  • Inspection Warranties: Warranty Builders
  • Property Description: Stylish new Beacon Coastal Classic ranch plan by Fischer Homes in beautiful Highgate featuring open concept living with an island kitchen with stainless steel appliances, oak cabinetry, pantry and walk-out morning room all open to the large family room. Gorgeous vinyl plank flooring. Owners suite with an en suite with a double bowl vanity, walk-in shower and walk-in closets. 2 spacious secondary bedrooms, full bathroom and 1st floor laundry. Full basement and 2 car garage with service door, opener and keyless entry system.
  • Transaction Type: Sale
  • Open House Count: 0
  • Open House Public Count: 0
  • Special Features: NewHome

Interior Features

  • Basement: Yes
  • Basement Type: Full,Unfinished
  • Appliances: Dishwasher,Disposal,Microwave,Gas Oven
  • Levels: One
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • Interior Amenities: Walk-in Closet(s),Windows Thermal,Windows Vinyl
  • Living Area: 2851
  • Other Equipment: Smoke Detector
  • Room Count: 6
  • Areas Interior: Laundry Room Main Level
  • Eating Area: Breakfast Room
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 2
  • Sq Ft Main Upper: 1418
  • Main Level Sq Ft: 1418
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Master Bedroom Description: Closet Walk in,Shower Stall Full,Sinks Double
  • Total Sq Ft: 2851
  • Kitchen Features: Breakfast Bar,Center Island,Pantry
  • Below Grade Sq Ft: 1433
  • Upper Level Sq Ft: 0
  • Pct Optional Level Finished: 0-25%

Exterior Features

  • Construction Materials: Brick,Vinyl Siding
  • Disclosures: Not Applicable
  • Exterior Features: Driveway Concrete
  • Foundation Details: Concrete Perimeter
  • List Price: 253000
  • Association Maintained Building Exterior: 0
  • Construction Stage: Completed
  • Porch: Covered Porch

Garage/Parking

  • Garage Spaces: 2
  • Fuel: Gas
  • Garage Parking Description: Attached
  • Garage Parking Other: Garage Door Opener,Keyless Entry
  • Garage Sq Ft: 386

Utilities

  • Sewer: Sewer Connected
  • Cooling: Central Air
  • Heating: Forced Air
  • Water Source: Public
  • Solid Waste: 0
  • Utility Options: Cable Available,Gas Connected,High Speed Internet Avail
  • Water Heater: Electric

Condo/Co-op/Association

  • Association Fee Frequency: Monthly
  • Management Company Name: Omni Management Services
  • Management Company Phone: 317-541-0000
  • H O A Disclosures: Covenants & Restrictions

Fee Information

  • Association Fee Includes: Management
  • Mandatory Fee: 38

Lot Info

  • Property Attached Yn: No
  • Parcel Number: 491505135007015500
  • Acres: <1/4 Acre
  • Lot Information: Cul-De-Sac
  • Lot Number: 16
  • Lot Size: 7500

Green Features

  • Green Certification Y N: 0

Tax Info

  • Tax Annual Amount: 10
  • Semi Annual Property Tax Amt: 5
  • Tax Exemption: None
  • Multiple Tax I D: No

MLS Schools

  • School District: Perry Township

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 27, 2019
Closed on
Jan 13, 2020
Sold by
Fischer Homes Indianapolis Ii Llc
Bought by
Singh Gurvinder and Singh Ravina
Seller's Agent
Marie Edwards
HMS Real Estate, LLC
Buyer's Agent
Sharanjit Nagra
Nagra Realty Inc
List Price
$269,000
Sold Price
$250,000
Premium/Discount to List
-$19,000
-7.06%
Current Estimated Value
$332,847

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$82,847
Avg. Annual Appreciation
5.11%
Original Mortgage
$240,000
Outstanding Balance
$212,458
Interest Rate
3.7%
Mortgage Type
New Conventional
Estimated Equity
$120,389
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Singh Gurvinder $250,000 Homestead Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Singh Gurvinder $240,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/22/2020 01/22/20 Sold $250,000 -1.2% $88 / Sq Ft
12/26/2019 12/26/19 Pending -- -- --
12/18/2019 12/18/19 Price Changed $253,000 -1.9% $89 / Sq Ft
10/08/2019 10/08/19 Price Changed $258,000 -2.3% $90 / Sq Ft
09/23/2019 09/23/19 Price Changed $264,000 -1.9% $93 / Sq Ft
06/27/2019 06/27/19 For Sale $269,000 -- $94 / Sq Ft
Source: MIBOR Broker Listing Cooperative®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $7,329 $307,700 $50,200 $257,500
2023 $7,329 $284,800 $50,200 $234,600
2022 $3,742 $281,600 $50,200 $231,400
2021 $3,265 $245,500 $50,200 $195,300
2020 $3,305 $247,100 $50,200 $196,900
2019 $9 $300 $300 $0
2018 $9 $300 $300 $0
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2020

    Marie Edwards

    HMS Real Estate, LLC

    (317) 846-0777

    59 in this area

    3,589 Total Sales

    Marie Edwards
    Section Image

  • S

    Buyer's Agent in 2020

    Sharanjit Nagra

    Nagra Realty Inc

    Section Image
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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21650952

MIBOR Broker Listing Cooperative®

APN: 49-15-05-135-007.015-500

Indiana Marion County Indianapolis 46237 South Emerson

5038 Arling Ct, Indianapolis, IN

This home is located at 5038 Arling Ct, Indianapolis, IN 46237 since 27 June 2019 and is currently estimated at $332,847, approximately $116 per square foot. This property was built in 2019. 5038 Arling Ct is a home located in Marion County with nearby schools including Mary Bryan Elementary School, Southport 6th Grade Academy, and Southport Middle School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MIBOR Broker Listing Cooperative® Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.

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