5122 Cobham Way Indianapolis, IN 46237
South Emerson NeighborhoodEstimated payment $1,973/month
Total Views
755
2
Beds
2
Baths
1,654
Sq Ft
$154
Price per Sq Ft
Highlights
- Home fronts a pond
- Pond View
- Mature Trees
- Franklin Central High School Rated A-
- Updated Kitchen
- Clubhouse
About This Home
Welcome to this all-brick, low-maintenance patio home offering both comfort and convenience. Inside, you'll find 2 bedrooms, 2 full baths, and a flexible bonus room with closet that can serve as an office, additional living area, or easily convert into a third bedroom. The open great room features soaring cathedral ceilings and a cozy gas fireplace, while beautiful new hardwood flooring flows seamlessly throughout the entire home. The kitchen is equipped with newer stainless steel appliances, plenty of cabinets, and connects easily to the functional laundry room with added counter space and storage. The primary suite includes a dual vanity, walk-in closet, and a private retreat feel. A new water softener adds peace of mind. Step outside to enjoy your private back patio with mature trees and a serene pond view. The finished 2-car garage impresses with epoxy flooring, storage cabinets, and a pull-down attic with decking for even more storage. HOA covers exterior maintenance, lawn care, and snow removal-making this the perfect low-maintenance lifestyle, just minutes from shopping, dining, and entertainment.
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $4,434
Year Built
- Built in 1998
Lot Details
- Home fronts a pond
- 1 Common Wall
- Mature Trees
- Wooded Lot
HOA Fees
- $225 Monthly HOA Fees
Parking
- 2 Car Attached Garage
Home Design
- Brick Exterior Construction
- Slab Foundation
Interior Spaces
- 1,654 Sq Ft Home
- 1-Story Property
- Cathedral Ceiling
- Gas Log Fireplace
- Great Room with Fireplace
- Family or Dining Combination
- Pond Views
- Laundry on main level
Kitchen
- Updated Kitchen
- Breakfast Bar
- Electric Oven
- Built-In Microwave
- Dishwasher
- Disposal
Flooring
- Wood
- Carpet
- Laminate
Bedrooms and Bathrooms
- 2 Bedrooms
- Walk-In Closet
- 2 Full Bathrooms
- Dual Vanity Sinks in Primary Bathroom
Attic
- Attic Access Panel
- Pull Down Stairs to Attic
Accessible Home Design
- Accessible Full Bathroom
- Halls are 36 inches wide or more
- Handicap Accessible
- Accessibility Features
- Accessible Doors
- Entry thresholds less than 1/2 inches
Schools
- Franklin Central High School
Utilities
- Forced Air Heating and Cooling System
- Gas Water Heater
Listing and Financial Details
- Legal Lot and Block D / 10
- Assessor Parcel Number 491510116037000300
Community Details
Overview
- Association fees include clubhouse, insurance, irrigation, lawncare, ground maintenance, management, snow removal
- Association Phone (317) 570-4358
- Emerson Woods Subdivision
- Property managed by Kirkpatrick Management
Amenities
- Clubhouse
Map
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Home Values in the Area
Average Home Value in this Area
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 | $4,434 | $221,700 | $32,800 | $188,900 |
| 2023 | $4,046 | $197,000 | $32,800 | $164,200 |
| 2022 | $1,996 | $189,200 | $32,800 | $156,400 |
| 2021 | $1,856 | $175,400 | $32,800 | $142,600 |
| 2020 | $1,735 | $163,600 | $32,800 | $130,800 |
| 2019 | $1,694 | $159,700 | $28,900 | $130,800 |
| 2018 | $1,478 | $140,900 | $28,900 | $112,000 |
| 2017 | $1,538 | $144,600 | $28,900 | $115,700 |
| 2016 | $1,529 | $143,900 | $28,900 | $115,000 |
| 2014 | $1,248 | $124,800 | $28,900 | $95,900 |
| 2013 | $1,111 | $124,800 | $28,900 | $95,900 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/05/2025 09/05/25 | For Sale | $255,000 | +11.4% | $154 / Sq Ft |
| 08/15/2022 08/15/22 | Sold | $229,000 | -2.1% | $138 / Sq Ft |
| 08/01/2022 08/01/22 | Pending | -- | -- | -- |
| 07/14/2022 07/14/22 | Price Changed | $234,000 | -6.4% | $141 / Sq Ft |
| 06/27/2022 06/27/22 | Price Changed | $249,900 | -5.7% | $151 / Sq Ft |
| 06/20/2022 06/20/22 | For Sale | $265,000 | -- | $160 / Sq Ft |
Source: MIBOR Broker Listing Cooperative®
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | Chicago Title | |
| Warranty Deed | -- | Stewart Title |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $94,650 | New Conventional | |
| Previous Owner | $141,000 | New Conventional | |
| Previous Owner | $80,000 | Unknown | |
| Previous Owner | $80,000 | New Conventional | |
| Previous Owner | $45,000 | Future Advance Clause Open End Mortgage | |
| Previous Owner | $1,000,000 | Future Advance Clause Open End Mortgage |
Source: Public Records
Similar Homes in Indianapolis, IN
Source: MIBOR Broker Listing Cooperative®
MLS Number: 22060956
APN: 49-15-10-116-037.000-300
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