NOT LISTED FOR SALE

5126 Arling Dr Indianapolis, IN 46237

South Emerson Neighborhood

Estimated Value: $325,721 - $366,000

3 Beds
2.5 Baths
2,272 Sq Ft
$150/Sq Ft Est. Value

Last Sold March 08, 2024

Last sale price $310,000 $136 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $2,159/month

2 Days on Market

Highlights

  • Contemporary Architecture
  • 2 Car Attached Garage
  • Laundry Room
  • Breakfast Room
  • Walk-In Closet
  • Kitchen Island

About This Home

As of March 2024

Charming two-story Fischer home, built in 2020! This home features 9 ft. first floor ceilings and a private study or guest bedroom on the first floor. The kitchen comes equipped with maple cabinets, walk in pantry and an island that's open to the large family room. This home comes with three bedrooms and a large loft upstairs. The primary bedroom includes an en suite that includes a double bowl vanity, soaking tub and walk-in shower. All bedrooms feature walk-in closets. Positioned with no neighbors behind, the backyard offers privacy, fully enclosed by a stylish contemporary aluminum fence. Located close to both 465 and 65 for an easy commute to downtown or surrounding areas.

Last Agent to Sell the Property

Gina McLane

The Modglin Group Brokerage Email: Ginasellsindy@gmail.com License #RB16000407 Listed on: 02/06/2024

Last Buyer's Agent

Mike Stailey

RE/MAX Centerstone

RE/MAX Centerstone

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,450

Year Built

  • Built in 2019

Lot Details

  • 10,367 Sq Ft Lot

HOA Fees

  • $41 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Contemporary Architecture
  • Slab Foundation
  • Vinyl Construction Material

Interior Spaces

  • 2-Story Property
  • Window Screens
  • Breakfast Room
  • Attic Access Panel
  • Laundry Room

Kitchen

  • Electric Oven
  • Electric Cooktop
  • Built-In Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet

Utilities

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

Community Details

  • Association Phone (317) 541-0000
  • Highgate Subdivision

Listing and Financial Details

  • Tax Lot L25
  • Assessor Parcel Number 491505135007024500

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,450

Year Built

Built in 2019

Lot Details

10,367 Sq Ft Lot

HOA Fees

$41 per month

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: Contemporary
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2022
  • Year Built: 2019
  • Building Area Total: 2272
  • Garage Y N: Yes
  • Lot Size Acres: 0.24
  • On Market Date: 2024-02-06
  • Subdivision Name: Highgate
  • Transaction Type: Sale
  • Accessibility Features YN: No
  • MBR_AttributionContact: Ginasellsindy@gmail.com
  • Attribution Contact: Ginasellsindy@gmail.com
  • Special Features: None

Interior Features

  • Basement: No
  • Appliances: Electric Cooktop, Dishwasher, Electric Water Heater, Disposal, MicroHood, Microwave, Electric Oven, Refrigerator
  • Levels: Two
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Total Bedrooms: 3
  • Interior Amenities: Attic Access, Center Island, Pantry, Screens Complete, Walk-in Closet(s)
  • Living Area: 2272
  • Eating Area: Breakfast Room
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 0
  • Main Level Sq Ft: 992
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 1
  • Upper Level Sq Ft: 1280
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Construction Materials: Vinyl With Brick
  • Foundation Details: Slab
  • Waterfront: No

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Attached

Utilities

  • Cooling: Central Electric
  • Heating: Forced Air, Gas
  • Laundry Features: Laundry Room
  • Water Source: Municipal/City
  • Solid Waste: No

Condo/Co-op/Association

  • Association Fee: 495
  • Association Fee Frequency: Annually
  • Association Phone: 317-541-0000
  • Association YN: Yes

Lot Info

  • Property Attached Yn: No
  • Horse Amenities: None
  • Lot Size Sq Ft: 10367
  • Parcel Number: 491505135007024500
  • Acres: <1/4 Acre

Green Features

  • Green Certification Y N: No

Tax Info

  • Tax Annual Amount: 3450
  • Tax Lot: L25
  • Semi Annual Property Tax Amt: 1725
  • Tax Exemption: Homestead Tax Exemption

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 6, 2024
Closed on
Mar 11, 2024
Sold by
Richardson Martel Copage
Bought by
Schenk Collen and Mooney Ashley
Seller's Agent
Gina McLane
The Modglin Group
Buyer's Agent
Mike Stailey
RE/MAX Centerstone
List Price
$330,000
Sold Price
$310,000
Premium/Discount to List
-$20,000
-6.06%
Views
39
Current Estimated Value
$339,930

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$29,930
Avg. Annual Appreciation
4.64%
Original Mortgage
$304,385
Outstanding Balance
$297,507
Interest Rate
6.62%
Mortgage Type
FHA
Estimated Equity
$42,423

Purchase Details

Listed on
Feb 6, 2024
Closed on
Mar 8, 2024
Sold by
Richardson Martel Copage
Bought by
Schenk Collen and Mooney Ashley
Seller's Agent
Gina McLane
The Modglin Group
Buyer's Agent
Mike Stailey
RE/MAX Centerstone
List Price
$330,000
Sold Price
$310,000
Premium/Discount to List
-$20,000
-6.06%
Views
39

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$304,385
Outstanding Balance
$297,507
Interest Rate
6.62%
Mortgage Type
FHA
Estimated Equity
$42,423

Purchase Details

Closed on
Mar 19, 2020
Sold by
Fischer Homes Indianapolis Ii Llc
Bought by
Richardson Martel Copage

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$235,653
Interest Rate
3.2%
Mortgage Type
FHA
Source: Public Records
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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
Schenk Collen $310,000 Security Title
Schenk Collen -- Security Title
Richardson Martel Copage $240,000 Homestead Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schenk Collen $304,385
Closed Schenk Collen $304,385
Previous Owner Richardson Martel Copage $235,653
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/08/2024 03/08/24 Sold $310,000 -6.1% $136 / Sq Ft
02/09/2024 02/09/24 Pending -- -- --
02/06/2024 02/06/24 For Sale $330,000 -- $145 / 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 $4,185 $318,600 $62,200 $256,400
2024 $3,922 $324,300 $62,200 $262,100
2023 $3,922 $301,000 $62,200 $238,800
2022 $3,963 $297,800 $62,200 $235,600
2021 $3,502 $262,600 $62,200 $200,400
2020 $3,287 $245,800 $62,200 $183,600
2019 $12 $400 $400 $0
2018 $12 $400 $400 $0
Source: Public Records

Agents Affiliated with this Home

  • G

    Seller's Agent in 2024

    Gina McLane

    The Modglin Group

    (317) 675-8309

    1 in this area

    30 Total Sales

    Gina McLane
    Section Image

  • M

    Buyer's Agent in 2024

    Mike Stailey

    RE/MAX

    Section Image
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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21960836

MIBOR Broker Listing Cooperative®

APN: 49-15-05-135-007.024-500

Indiana Marion County Indianapolis 46237 South Emerson

5126 Arling Dr, Indianapolis, IN

Not Listed for Sale

Detached

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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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