NOT LISTED FOR SALE

5249 Rum Cherry Way Indianapolis, IN 46237

South Emerson Neighborhood

Estimated Value: $360,000 - $406,000

4 Beds
2.5 Baths
2,982 Sq Ft
$129/Sq Ft Est. Value

Last Sold August 07, 2020

Last sale price $292,355 $98 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $2,462/month

Highlights

  • Vaulted Ceiling
  • Thermal Windows
  • Walk-In Closet
  • Traditional Architecture
  • 2 Car Attached Garage
  • Forced Air Heating and Cooling System

About This Home

As of August 2020

Beautiful new Denali Pacific Craftsman plan by Fischer Homes in beautiful Highgate featuring an island kitchen with upgraded maple cabinetry, upgraded granite countertops, pantry and gleaming black appliances, walkout morning room to 10x10 patio and family room. 1st floor study with french doors and formal dining room. Spacious homeowners suite with en suite that includes a double bowl vanity, soaking tub, separate shower and a huge walk-in closet. 3 additional bedrooms each with a walk-in closet, loft and a centrally located hall bathroom. 2 car garage.

Last Agent to Sell the Property

Marie Edwards

HMS Real Estate, LLC License #RB14030108 Listed on: 05/29/2020

Last Buyer's Agent

Non-BLC Member

MIBOR REALTOR® Association

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,367

Year Built

  • Built in 2020

Lot Details

  • 9,100 Sq Ft Lot

Parking

  • 2 Car Attached Garage
  • Driveway

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Slab Foundation
  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Vaulted Ceiling
  • Thermal Windows
  • Vinyl Clad Windows
  • Fire and Smoke Detector
  • Laundry on main level

Kitchen

  • Gas Oven
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas

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 491505135009005500

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,367

Year Built

Built in 2020

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: 2020
  • Year Built: 2020
  • Garage Y N: Yes
  • Lot Size Acres: 0.2089
  • Subdivision Name: HIGHGATE
  • Inspection Warranties: Warranty Builders
  • Property Description: Beautiful new Denali Pacific Craftsman plan by Fischer Homes in beautiful Highgate featuring an island kitchen with upgraded maple cabinetry, upgraded granite countertops, pantry and gleaming black appliances, walkout morning room to 10x10 patio and family room. 1st floor study with french doors and formal dining room. Spacious homeowners suite with en suite that includes a double bowl vanity, soaking tub, separate shower and a huge walk-in closet. 3 additional bedrooms each with a walk-in closet, loft and a centrally located hall bathroom. 2 car garage.
  • Transaction Type: Sale
  • Accessibility Features YN: 0
  • Special Features: NewHome

Interior Features

  • Basement: No
  • Appliances: Dishwasher, Disposal, Microwave, Gas Oven
  • Levels: Two
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Total Bedrooms: 4
  • Fireplace Features: None
  • Interior Amenities: Raised Ceiling(s), Walk-in Closet(s), Windows Thermal, Windows Vinyl
  • Living Area: 2982
  • Other Equipment: Smoke Detector
  • Room Count: 10
  • Areas Interior: Laundry Room Main Level
  • Eating Area: Breakfast Room,Formal Dining Room
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 0
  • Sq Ft Main Upper: 2982
  • Main Level Sq Ft: 1286
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 1
  • Master Bedroom Description: Closet Walk in,Sinks Double,Tub Full with Separate Shower
  • Total Sq Ft: 2982
  • Kitchen Features: Center Island,Pantry
  • Upper Level Sq Ft: 1696

Exterior Features

  • Construction Materials: Brick, Vinyl Siding
  • Disclosures: Not Applicable
  • Exterior Features: Driveway Concrete
  • Foundation Details: Slab
  • List Price: 292355
  • Association Maintained Building Exterior: 0
  • Construction Stage: Completed
  • Porch: Open Patio,Covered Porch

Garage/Parking

  • Garage Spaces: 2
  • Fuel: Gas
  • Garage Parking Description: Attached
  • Garage Sq Ft: 470

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: Annually
  • 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: 450

Lot Info

  • Property Attached Yn: No
  • Parcel Number: 491505135009005500
  • Acres: <1/4 Acre
  • Lot Number: 53
  • Lot Size: 9100

Green Features

  • Green Certification Y N: 0

Tax Info

  • Semi Annual Property Tax Amt: 0
  • Tax Exemption: None

MLS Schools

  • School District: Perry Township

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 29, 2020
Closed on
Jul 28, 2020
Sold by
Fischer Homes Indianapolis Ii Llc
Bought by
Gandhi Deepak
Seller's Agent
Marie Edwards
HMS Real Estate, LLC
Buyer's Agent
Non-BLC Member
MIBOR REALTOR® Association
List Price
$292,355
Sold Price
$292,355
Current Estimated Value
$383,177

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$90,822
Avg. Annual Appreciation
5.50%
Original Mortgage
$262,355
Outstanding Balance
$235,329
Interest Rate
3%
Mortgage Type
Construction
Estimated Equity
$147,168

Purchase Details

Closed on
Mar 2, 2020
Sold by
Highgate Partners Llc
Bought by
Fischer Homes Indianapolis Ii Llc
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Gandhi Deepak $292,355 Homestead Title
Fischer Homes Indianapolis Ii Llc $56,500 First American Title Insurance
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gandhi Deepak $262,355
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/07/2020 08/07/20 Sold $292,355 0.0% $98 / Sq Ft
05/30/2020 05/30/20 Pending -- -- --
05/29/2020 05/29/20 For Sale $292,355 -- $98 / 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 $4,367 $365,000 $54,600 $310,400
2023 $4,367 $334,600 $54,600 $280,000
2022 $4,467 $330,800 $54,600 $276,200
2021 $3,880 $288,600 $54,600 $234,000
2020 $9 $300 $300 $0
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2020

    Marie Edwards

    HMS Real Estate, LLC

    (317) 846-0777

    64 in this area

    3,693 Total Sales

    Section Image

  • N

    Buyer's Agent in 2020

    Non-BLC Member

    MIBOR REALTOR® Association

    Section Image

  • I

    Buyer's Agent in 2020

    IUO Non-BLC Member

    Non-BLC Office

See All Agents

Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21714896

MIBOR Broker Listing Cooperative®

APN: 49-15-05-135-009.005-500

Indiana Marion County Indianapolis 46237 South Emerson

5249 Rum Cherry Way, Indianapolis, IN

This home is located at 5249 Rum Cherry Way, Indianapolis, IN 46237 since 29 May 2020 and is currently estimated at $385,329, approximately $129 per square foot. This property was built in 2020. 5249 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.

Nearby Homes