NOT LISTED FOR SALE

5050 Arling Ct Indianapolis, IN 46237

South Emerson Neighborhood

Estimated Value: $340,000 - $391,000

4 Beds
2.5 Baths
2,474 Sq Ft
$147/Sq Ft Est. Value

Last Sold June 24, 2021

Last sale price $310,437 $125 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $2,288/month

31 Days on Market

Highlights

  • Vaulted Ceiling
  • Thermal Windows
  • Walk-In Closet
  • Traditional Architecture
  • 2 Car Attached Garage
  • Forced Air Heating and Cooling System

About This Home

As of June 2021

Trendy new Cumberland Urban Modern plan by Fischer Homes in the beautiful community of Highgate featuring 9ft 1st floor ceilings, a private study with french doors and a formal dining room. Island kitchen with stainless steel appliances, upgraded maple cabinetry with 42 inch uppers, granite countertops, pantry and walkout bay morning room to the 12x14 patio and all open to the spacious family room. Homeowners retreat with an en suite that includes a double bowl vanity, garden tub and separate shower. 3 additional bedrooms, loft and laundry room. 2 car garage.

Last Agent to Sell the Property

Marie Edwards

HMS Real Estate, LLC License #RB14030108 Listed on: 12/11/2020

Last Buyer's Agent

Non-BLC Member

MIBOR REALTOR® Association

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,883

Year Built

  • Built in 2020

Lot Details

  • 8,246 Sq Ft Lot

HOA Fees

  • $38 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Driveway

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Slab Foundation
  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Vaulted Ceiling
  • Thermal Windows
  • Vinyl Clad Windows
  • Fire and Smoke Detector
  • Laundry on upper level

Kitchen

  • Gas Oven
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet

Utilities

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

Community Details

  • Association fees include management
  • Highgate Subdivision
  • Property managed by Highgate Estates Homeowners Assc
  • The community has rules related to covenants, conditions, and restrictions

Listing and Financial Details

  • Assessor Parcel Number 491505135007017500

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,883

Year Built

Built in 2020

Lot Details

0

HOA Fees

$38 per month

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: TraditonalAmerican
  • Builder Name: Fischer Homes
  • Property Type: Residential
  • New Construction: Yes
  • Tax Year: 2020
  • Year Built: 2020
  • Building Area Total: 2474
  • Garage Y N: Yes
  • Lot Size Acres: 0.1893
  • Subdivision Name: HIGHGATE
  • Inspection Warranties: Warranty Builders
  • Transaction Type: Sale
  • Accessibility Features YN: 0
  • Special Features: NewHome

Interior Features

  • Basement: No
  • Appliances: Dishwasher, Disposal, Microwave, Gas Oven, Refrigerator
  • Levels: Two
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Total Bedrooms: 4
  • Fireplace Features: None
  • Interior Amenities: Raised Ceiling(s), Walk-in Closet(s), Windows Thermal, Windows Vinyl
  • Other Equipment: Smoke Detector
  • Areas Interior: Laundry Room Upstairs
  • Eating Area: Breakfast Room,Formal Dining Room
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 0
  • Sq Ft Main Upper: 2474
  • Main Level Sq Ft: 1085
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 1
  • Master Bedroom Description: Closet Walk in,Shower Stall Full,Sinks Double,Tub Garden
  • Kitchen Features: Center Island,Pantry WalkIn
  • Upper Level Sq Ft: 1389

Exterior Features

  • Construction Materials: Brick, Vinyl Siding
  • Disclosures: Not Applicable
  • Exterior Features: Driveway Concrete
  • Foundation Details: Slab
  • List Price: 313000
  • Association Maintained Building Exterior: 0
  • Construction Stage: Foundation In
  • Porch: Open Patio,Covered Porch

Garage/Parking

  • Garage Spaces: 2
  • Fuel: Gas
  • Garage Parking Description: Attached
  • Garage Parking Other: Garage Door Opener,Keyless Entry
  • Garage Sq Ft: 381

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: 450
  • Association Fee Frequency: Annually
  • Management Company Name: Highgate Estates Homeowners Assc
  • Management Company Phone: 317-541-0000
  • H O A Disclosures: Covenants & Restrictions

Fee Information

  • Association Fee Includes: Management

Lot Info

  • Property Attached Yn: No
  • Parcel Number: 491505135007017500
  • Acres: <1/4 Acre
  • Lot Number: 18
  • Lot Size: 8250

Green Features

  • Green Certification Y N: 0

Tax Info

  • Semi Annual Property Tax Amt: 0
  • 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
Dec 11, 2020
Closed on
Jun 17, 2021
Sold by
Fischer Homes Indianapolis Ii Llc
Bought by
Malladi Mahadev and Challa Satya Harika
Seller's Agent
Marie Edwards
HMS Real Estate, LLC
Buyer's Agent
Non-BLC Member
MIBOR REALTOR® Association
List Price
$313,000
Sold Price
$310,437
Premium/Discount to List
-$2,563
-0.82%
Current Estimated Value
$362,853

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$52,416
Avg. Annual Appreciation
3.68%
Original Mortgage
$266,437
Outstanding Balance
$241,226
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$121,628
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
Malladi Mahadev $310,437 Homestead Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Malladi Mahadev $266,437
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/24/2021 06/24/21 Sold $310,437 -0.8% $125 / Sq Ft
01/12/2021 01/12/21 Pending -- -- --
12/11/2020 12/11/20 For Sale $313,000 -- $127 / 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 $3,883 $322,300 $49,400 $272,900
2023 $3,883 $298,100 $49,400 $248,700
2022 $3,884 $294,700 $49,400 $245,300
2021 $6 $200 $200 $0
2020 $6 $200 $200 $0
2019 $9 $300 $300 $0
2018 $9 $300 $300 $0
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2021

    Marie Edwards

    HMS Real Estate, LLC

    (317) 846-0777

    59 in this area

    3,589 Total Sales

    Marie Edwards
    Section Image

  • N

    Buyer's Agent in 2021

    Non-BLC Member

    MIBOR REALTOR® Association

    Non-BLC Member
    Section Image

  • I

    Buyer's Agent in 2021

    IUO Non-BLC Member

    Non-BLC Office

See All Agents

Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21756995

MIBOR Broker Listing Cooperative®

APN: 49-15-05-135-007.017-500

Indiana Marion County Indianapolis 46237 South Emerson

5050 Arling Ct, Indianapolis, IN

This home is located at 5050 Arling Ct, Indianapolis, IN 46237 since 11 December 2020 and is currently estimated at $362,853, approximately $146 per square foot. This property was built in 2020. 5050 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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