NOT LISTED FOR SALE

5138 Arling Dr Indianapolis, IN 46237

South Emerson Neighborhood

Estimated Value: $343,000 - $364,000

3 Beds
2.5 Baths
2,385 Sq Ft
$147/Sq Ft Est. Value

Sale Details

Date Sold: November 23, 2021

Last sale price $321,277 $135 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $2,358 / mo

Highlights

  • New Construction
  • Traditional Architecture
  • Breakfast Room
  • Vaulted Ceiling
  • Covered Patio or Porch
  • Thermal Windows

About This Home

As of May 2024

This home is located at 5138 Arling Dr, Indianapolis, IN 46237 since 20 March 2024 and is currently priced at $351,351. This property was built in 2021. 5138 Arling Dr is a home located in Marion County with nearby schools including Mary Bryan Elementary School, Southport 6th Grade Academy, and Southport Middle School.

Last Agent to Rent the Property

Raveendran Dudhlur

Forthright Real Estate Brokerage Email: frontlineindyhomes@gmail.com License #RB20001945 Listed on: 03/20/2024

Last Renter's Agent

Non-BLC Member

MIBOR REALTOR® Association

Range of Values:

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Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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Average Value
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List Price
Sold Price
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Home Details

Home Type

  • Single Family

Year Built

  • Built in 2021 | New Construction

Lot Details

  • 8,233

HOA Fees

  • $38 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 2-Story Property
  • Vaulted Ceiling
  • Thermal Windows
  • Vinyl Clad Windows
  • Breakfast Room
  • Basement Fills Entire Space Under The House
  • Fire and Smoke Detector
  • Laundry on upper level

Kitchen

  • Gas Oven
  • 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
  • High Speed Internet

Additional Features

  • Covered Patio or Porch
  • 8,233 Sq Ft Lot

Community Details

  • Association fees include management
  • Association Phone (317) 541-0000
  • Highgate Subdivision
  • Property managed by Omni Management Services
  • The community has rules related to covenants, conditions, and restrictions

Listing and Financial Details

  • Security Deposit $2,650
  • Property Available on 3/20/24
  • Tenant pays for all utilities, insurance
  • The owner pays for ho fee, taxes
  • 12-Month Minimum Lease Term
  • $30 Application Fee
  • Tax Lot 27
  • Assessor Parcel Number 491505135007026500

Home Details

Home Type

Single Family

Year Built

Built in 2021 | New Construction

Lot Details

8,233 Sq Ft Lot

HOA Fees

$38 per month

Parking

2

Rental Info

  • Available Date: 2024-03-20
  • Lease Amount: 2650
  • Lease Term: 12 Months,18 Months,24 Months
  • Tenant Pays: All Utilities, Insurance
  • Min Lease Req: 12
  • Security Deposit: 2650
  • Application Fee: 30

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: TraditonalAmerican
  • Builder Name: Fischer Homes
  • Property Type: Residential Lease
  • New Construction: Yes
  • Tax Year: 2023
  • Year Built: 2021
  • Building Area Total: 3234
  • Garage Y N: Yes
  • Lot Size Acres: 0.19
  • Subdivision Name: Highgate
  • Transaction Type: Lease
  • Accessibility Features YN: No
  • MBR_AttributionContact: frontlineindyhomes@gmail.com
  • Attribution Contact: frontlineindyhomes@gmail.com
  • Special Features: NewHome

Interior Features

  • Basement: Yes
  • Basement Type: Full
  • Appliances: Dishwasher, Disposal, Microwave, Gas Oven, Electric Water Heater
  • Levels: Two
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 126
  • Interior Amenities: Raised Ceiling(s), Walk-in Closet(s), Windows Thermal, Windows Vinyl, Hi-Speed Internet Availbl, Center Island, Pantry
  • Living Area: 2385
  • Other Equipment: Smoke Alarm
  • Owner Pays: HO Association Fee, Taxes
  • Eating Area: Breakfast Room
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 0
  • Main Level Sq Ft: 987
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 1
  • Upper Level Sq Ft: 1272
  • ResoLivingAreaSource: Builder

Exterior Features

  • Construction Materials: Brick, Vinyl Siding
  • Foundation Details: Concrete Perimeter
  • Patio And Porch Features: Open Patio, Covered Porch
  • Construction Stage: Completed

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Attached, Concrete

Utilities

  • Utilities: Cable Available, Gas Nearby
  • Cooling: Central Electric
  • Heating: Forced Air, Gas
  • Laundry Features: Upper Level
  • Water Source: Municipal/City
  • Solid Waste: No

Condo/Co-op/Association

  • Association Fee: 450
  • Association Fee Frequency: Annually
  • Association Phone: 317-541-0000
  • Association YN: Yes
  • Pets Allowed: W/Approval
  • Management Company Name: Omni Management Services
  • H O A Disclosures: Covenants & Restrictions

Fee Information

  • Association Fee Includes: Management

Lot Info

  • Property Attached Yn: No
  • Horse Amenities: None
  • Lot Size Sq Ft: 8233
  • Parcel Number: 491505135007026500
  • Acres: <1/4 Acre

Green Features

  • Green Certification Y N: No

Tax Info

  • Tax Annual Amount: 4224
  • Tax Lot: 27
  • Semi Annual Property Tax Amt: 2112

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 24, 2021
Closed on
Nov 10, 2021
Sold by
Fischer Homes Indianapolis Ii Llc
Bought by
Seller's Agent
Marie Edwards
HMS Real Estate, LLC
Buyer's Agent
Manzil Kohli
Vylla Home
List Price
$321,277
Sold Price
$321,277
Current Estimated Value
$351,351

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$30,074
Avg. Annual Appreciation
1.88%
Original Mortgage
$257,022
Outstanding Balance
$231,587
Interest Rate
3.14%
Mortgage Type
New Conventional
Estimated Equity
$119,764

Purchase Details

Closed on
Apr 5, 2021
Sold by
Highgate Partners Llc
Bought by
Fischer Homes Indianapolis Ii Llc
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in South Emerson, IN

  • Emily Cordes Real Estate Agent - BluPrint Real Estate Group

    Emily Cordes

    BluPrint Real Estate Group

    (463) 223-3686

    103 Total Sales

    1 in South Emerson

    $346,000 Price

    Emily Cordes
     Section Image
  • Todd Ferris Real Estate Agent - Ferris Property Group

    Todd Ferris

    Ferris Property Group

    (317) 754-8732

    220 Total Sales

    1 in South Emerson

    $205,000 Price

    Todd Ferris
     Section Image
  • Austin Coon Real Estate Agent - @properties

    Austin Coon

    @properties

    (463) 223-9286

    71 Total Sales

    2 in South Emerson

    $186K - $295K Price Range

    Austin Coon
     Section Image
  • Angi Oakes Real Estate Agent - Berkshire Hathaway Home

    Angi Oakes

    Berkshire Hathaway Home

    (317) 449-7564

    180 Total Sales

    3 in South Emerson

    $135K - $300K Price Range

    Angi Oakes
     Section Image
  • Nathaniel Cromlich Real Estate Agent - CENTURY 21 Scheetz

    Nathaniel Cromlich

    CENTURY 21 Scheetz

    (463) 234-9783

    53 Total Sales

    3 in South Emerson

    $130K - $220K Price Range

    Nathaniel Cromlich
     Section Image
  • Nick Ohrn Real Estate Agent - eXp Realty, LLC

    Nick Ohrn

    eXp Realty, LLC

    (628) 222-6159

    26 Total Sales

    1 in South Emerson

    $250,000 Price

    Nick Ohrn
     Section Image
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$321,277 Homestead Title
Fischer Homes Indianapolis Ii Llc $58,000 None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $257,022
Closed Popat Shruti D $257,022
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/19/2024 05/19/24 Rented $2,695 +1.7% --
03/20/2024 03/20/24 For Rent $2,650 0.0% --
11/23/2021 11/23/21 Sold $321,277 0.0% $99 / Sq Ft View Prior Sale
08/24/2021 08/24/21 Pending -- -- --
08/24/2021 08/24/21 For Sale $321,277 -- $99 / Sq Ft
Source: MIBOR Broker Listing Cooperative®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $4,568 $349,100 $49,400 $299,700
2024 $4,252 $352,900 $49,400 $303,500
2023 $4,252 $325,900 $49,400 $276,500
2022 $4,311 $322,100 $49,400 $272,700
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

  • Raveendran Dudhlur Real Estate Agent - Forthright Real Estate

    Landlord's Agent in 2024

    Raveendran Dudhlur

    Forthright Real Estate

    (317) 792-0340

    61 Total Sales

    Raveendran Dudhlur
    Section Image

  • NM

    Tenant's Agent in 2024

    Non-BLC Member

    MIBOR REALTOR® Association

    Non-BLC Member
    Section Image

  • ME

    Seller's Agent in 2021

    Marie Edwards

    HMS Real Estate, LLC

    (317) 846-0777

    32 in this area

    3,203 Total Sales

    Marie Edwards
    Section Image

  • MK

    Buyer's Agent in 2021

    Manzil Kohli

    Vylla Home

    Section Image
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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21969628

MIBOR Broker Listing Cooperative®

APN: 49-15-05-135-007.026-500

Indiana Marion County Indianapolis 46237 South Emerson

5138 Arling Dr, Indianapolis, IN

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® 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.
Listings courtesy of MIBOR Broker Listing Cooperative® as distributed by MLS GRID.
Based on information submitted to the MLS GRID

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