NOT LISTED FOR SALE

5104 Rum Cherry Way Indianapolis, IN 46237

South Emerson Neighborhood

Estimated Value: $403,858 - $456,000

4 Beds
2.5 Baths
4,291 Sq Ft
$99/Sq Ft Est. Value

Last Sold October 28, 2019

Last sale price $301,264 $70 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $2,686/month

Highlights

  • Traditional Architecture
  • 2 Car Attached Garage
  • Forced Air Heating and Cooling System

About This Home

As of October 2019

Lovely new Denali Pacific Craftsman plan by Fischer Homes in beautiful Highgate featuring a formal living room, 9ft 1st floor ceilings and a formal dining room. Island kitchen has stainless steel appliances, upgraded maple cabinetry with 42 inch uppers and walk-out morning room with a view to the spacious family room. Upstairs you will find the owners suite with an en suite with a double bowl vanity, soaking tub, separate shower and HUGE walk-in closet. There are 3 additional bedrooms each with a walk-in closet that shares a centrally located hall bathroom and large loft. Full basement and a 2 car garage with keyless entry system.

Last Agent to Sell the Property

Marie Edwards

HMS Real Estate, LLC License #RB14030108 Listed on: 09/20/2019

Last Buyer's Agent

Beenu Sikand

Legacy Homes International

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,177

Year Built

  • Built in 2019

Lot Details

  • 10,454

Parking

  • 2 Car Attached Garage
  • Driveway

Home Design

  • Traditional Architecture
  • Concrete Perimeter Foundation

Interior Spaces

  • 2-Story Property
  • Fire and Smoke Detector
  • Basement

Bedrooms and Bathrooms

  • 4 Bedrooms

Additional Features

  • 10,454 Sq Ft Lot
  • Forced Air Heating and Cooling System

Community Details

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

Listing and Financial Details

  • Assessor Parcel Number 491505135007033500

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,177

Year Built

Built in 2019

Lot Details

0

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: 2018
  • Year Built: 2019
  • Garage Y N: Yes
  • Lot Size Acres: 0.24
  • Subdivision Name: HIGHGATE
  • Inspection Warranties: Warranty Builders
  • Property Description: Lovely new Denali Pacific Craftsman plan by Fischer Homes in beautiful Highgate featuring a formal living room, 9ft 1st floor ceilings and a formal dining room. Island kitchen has stainless steel appliances, upgraded maple cabinetry with 42 inch uppers and walk-out morning room with a view to the spacious family room. Upstairs you will find the owners suite with an en suite with a double bowl vanity, soaking tub, separate shower and HUGE walk-in closet. There are 3 additional bedrooms each with a walk-in closet that shares a centrally located hall bathroom and large loft. Full basement and a 2 car garage with keyless entry system.
  • Transaction Type: Sale
  • Special Features: NewHome

Interior Features

  • Basement: Yes
  • Basement Type: Full,Unfinished
  • Appliances: Dishwasher,Disposal,MicroHood,Gas Oven,Refrigerator
  • Levels: Two
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Total Bedrooms: 4
  • Fireplace Features: None
  • Interior Amenities: Ceiling Raised,Walk-in Closet(s),Windows Thermal,Windows Vinyl
  • Living Area: 4291
  • Other Equipment: Smoke Detector
  • Room Count: 10
  • Areas Interior: Living Room Formal,Laundry Room Main Level
  • Eating Area: Breakfast Room,Formal Dining Room
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 0
  • Sq Ft Main Upper: 2998
  • Main Level Sq Ft: 1302
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 1
  • Master Bedroom Description: Closet Walk in,Shower Stall Full,Sinks Double,Tub Garden
  • Total Sq Ft: 4291
  • Kitchen Features: Center Island,Pantry
  • Below Grade Sq Ft: 1293
  • Upper Level Sq Ft: 1696
  • 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: 300819
  • Association Maintained Building Exterior: 0
  • Construction Stage: Under Roof

Garage/Parking

  • Garage Spaces: 2
  • Fuel: Electric,Gas
  • Garage Parking Description: Attached
  • Garage Parking Other: Keyless Entry,Service Door
  • Garage Sq Ft: 406

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 Mgmt.
  • 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: 491505135007033500
  • Acres: <1/4 Acre
  • Lot Information: Corner
  • Lot Number: 34
  • Lot Size: 10660

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
Sep 20, 2019
Closed on
Oct 21, 2019
Sold by
Fischer Home Indianapolis Ii Llc
Bought by
Sangha Mandeep K and Singh Sandeep
Seller's Agent
Marie Edwards
HMS Real Estate, LLC
Buyer's Agent
Beenu Sikand
Legacy Homes International
List Price
$300,819
Sold Price
$301,264
Premium/Discount to List
$445
0.15%
Current Estimated Value
$426,715

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$125,451
Avg. Annual Appreciation
6.04%
Original Mortgage
$286,200
Outstanding Balance
$251,236
Interest Rate
3.6%
Mortgage Type
Construction
Estimated Equity
$175,479
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
Sangha Mandeep K $301,264 Homestead Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sangha Mandeep K $286,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/28/2019 10/28/19 Sold $301,264 +0.1% $70 / Sq Ft
09/21/2019 09/21/19 Pending -- -- --
09/20/2019 09/20/19 For Sale $300,819 -- $70 / 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 $5,177 $427,900 $65,600 $362,300
2023 $5,177 $395,700 $65,600 $330,100
2022 $5,235 $391,200 $65,600 $325,600
2021 $4,596 $341,500 $65,600 $275,900
2020 $4,303 $318,500 $65,600 $252,900
2019 $6 $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

    59 in this area

    3,589 Total Sales

    Marie Edwards
    Section Image

  • B

    Buyer's Agent in 2019

    Beenu Sikand

    Legacy Homes International

    Section Image
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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21670223

MIBOR Broker Listing Cooperative®

APN: 49-15-05-135-007.033-500

Indiana Marion County Indianapolis 46237 South Emerson

5104 Rum Cherry Way, Indianapolis, IN

This home is located at 5104 Rum Cherry Way, Indianapolis, IN 46237 since 20 September 2019 and is currently estimated at $426,715, approximately $99 per square foot. This property was built in 2019. 5104 Rum Cherry Way 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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