NOT LISTED FOR SALE

5058 Rum Cherry Way Indianapolis, IN 46237

South Emerson Neighborhood

Estimated Value: $333,084 - $362,000

3 Beds
2.5 Baths
2,459 Sq Ft
$142/Sq Ft Est. Value

Last Sold December 11, 2019

Last sale price $247,000 $100 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $2,173/month

241 Days on Market

Highlights

  • Built in 2019 | Newly Remodeled
  • 2 Car Attached Garage
  • Forced Air Heating and Cooling System
  • Corner Lot
  • Patio

About This Home

As of December 2019

Lovely new Cumberland Coastal Classic plan by Fischer Homes in beautiful Highgate featuring a private 1st floor study with double doors, formal dining room, waterfall staircase and 9ft 1st floor ceilings. Island kitchen with stainless steel appliances, oak cabinetry with 42 inch uppers, walk-in pantry and walk-out morning room to a 10x10 concrete patio and all with a view to the family room. Upstairs owner suite with en suite that includes a double bowl vanity, soaking tub, separate shower and walk-in closet. 2 additional bedrooms share a hall bathroom, laundry room and HUGE loft. 2 car garage.

Last Agent to Sell the Property

Marie Edwards

HMS Real Estate, LLC License #RB14030108 Listed on: 03/07/2019

Last Buyer's Agent

Jun Liu

RE/MAX Advanced Realty

RE/MAX Advanced Realty

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2019 | Newly Remodeled

Lot Details

  • 10,498 Sq Ft Lot
  • Corner Lot

Parking

  • 2 Car Attached Garage
  • Driveway

Home Design

  • Slab Foundation

Interior Spaces

  • 2-Story Property
  • Fire and Smoke Detector
  • Laundry on upper level

Bedrooms and Bathrooms

  • 3 Bedrooms

Outdoor Features

  • Patio

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Electric Water Heater

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 491505135007006500

Home Details

Home Type

Single Family

Year Built

Built in 2019 | Newly Remodeled

Lot Details

10,498 Sq Ft Lot

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: Two Story
  • Builder Name: Fischer Homes
  • Property Type: Residential
  • New Construction: Yes
  • Tax Year: 2018
  • Year Built: 2019
  • Garage Y N: Yes
  • Lot Size Acres: 0.241
  • Subdivision Name: HIGHGATE
  • Inspection Warranties: Warranty Builders
  • Property Description: Lovely new Cumberland Coastal Classic plan by Fischer Homes in beautiful Highgate featuring a private 1st floor study with double doors, formal dining room, waterfall staircase and 9ft 1st floor ceilings. Island kitchen with stainless steel appliances, oak cabinetry with 42 inch uppers, walk-in pantry and walk-out morning room to a 10x10 concrete patio and all with a view to the family room. Upstairs owner suite with en suite that includes a double bowl vanity, soaking tub, separate shower and walk-in closet. 2 additional bedrooms share a hall bathroom, laundry room and HUGE loft. 2 car garage.
  • Transaction Type: Sale
  • Open House Count: 0
  • Open House Public Count: 0
  • Special Features: NewHome

Interior Features

  • Basement: No
  • Appliances: Dishwasher,Disposal,MicroHood,Electric Oven
  • Levels: Two
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: None
  • Interior Amenities: Ceiling Raised,Walk-in Closet(s),Windows Thermal,Windows Vinyl
  • Living Area: 2459
  • Other Equipment: Smoke Detector
  • Room Count: 9
  • 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: 2459
  • Main Level Sq Ft: 1070
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 1
  • Master Bedroom Description: Closet Walk in,Shower Stall Full,Sinks Double,Suite,Tub Garden
  • Total Sq Ft: 2459
  • Kitchen Features: Center Island,Pantry WalkIn
  • Below Grade Sq Ft: 0
  • Upper Level Sq Ft: 1389

Exterior Features

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

Garage/Parking

  • Garage Spaces: 2
  • Fuel: Gas
  • Garage Parking Description: Attached

Utilities

  • Sewer: Sewer Connected
  • Cooling: Central Air
  • Heating: Forced Air
  • Water Source: Public
  • Solid Waste: 0
  • 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: 491505135007006500
  • Acres: <1/4 Acre
  • Lot Information: Corner
  • Lot Number: 7
  • Lot Size: 10530

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
Mar 7, 2019
Closed on
Dec 9, 2019
Sold by
Fischer Homes Indianapolis Ii Llc
Bought by
Yang Neng Yu and Han Li
Seller's Agent
Marie Edwards
HMS Real Estate, LLC
Buyer's Agent
Jun Liu
RE/MAX Advanced Realty
List Price
$257,000
Sold Price
$247,000
Premium/Discount to List
-$10,000
-3.89%
Current Estimated Value
$349,271

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$102,271
Avg. Annual Appreciation
5.68%
Original Mortgage
$197,600
Outstanding Balance
$171,941
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$177,330
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Yang Neng Yu -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Yang Neng Yu $197,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/11/2019 12/11/19 Sold $247,000 -3.9% $100 / Sq Ft
11/04/2019 11/04/19 Pending -- -- --
10/10/2019 10/10/19 For Sale $257,000 0.0% $105 / Sq Ft
07/08/2019 07/08/19 Pending -- -- --
06/18/2019 06/18/19 Price Changed $257,000 -1.9% $105 / Sq Ft
05/14/2019 05/14/19 Price Changed $262,000 -3.7% $107 / Sq Ft
03/07/2019 03/07/19 For Sale $272,000 -- $111 / Sq Ft
Source: MIBOR Broker Listing Cooperative®

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
2025 $4,272 $324,700 $62,700 $262,000
2024 $4,001 $330,800 $62,700 $268,100
2023 $4,001 $307,000 $62,700 $244,300
2022 $4,060 $303,700 $62,700 $241,000
2021 $3,589 $267,600 $62,700 $204,900
2020 $3,371 $250,500 $62,700 $187,800
2019 $61 $400 $400 $0
2018 $12 $400 $400 $0
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2019

    Marie Edwards

    HMS Real Estate, LLC

    (317) 846-0777

    49 in this area

    3,402 Total Sales

    Marie Edwards
    Section Image

  • J

    Buyer's Agent in 2019

    Jun Liu

    RE/MAX

    Section Image
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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21625719

MIBOR Broker Listing Cooperative®

APN: 49-15-05-135-007.006-500

Indiana Marion County Indianapolis 46237 South Emerson

5058 Rum Cherry Way, Indianapolis, IN

Not Listed for Sale

Detached

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.
Based on information submitted to the MLS GRID

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