NOT LISTED FOR SALE

5257 Rum Cherry Way Indianapolis, IN 46237

South Emerson Neighborhood

Estimated Value: $304,000 - $334,000

2 Beds
2 Baths
1,643 Sq Ft
$192/Sq Ft Est. Value

Last Sold June 25, 2021

Last sale price $277,979 $169 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $2,093/month

Highlights

  • Ranch Style House
  • Thermal Windows
  • Walk-In Closet
  • Breakfast Room
  • 2 Car Attached Garage
  • Forced Air Heating and Cooling System

About This Home

As of June 2021

Charming new Preston Western Craftsman plan by Fischer Homes in beautiful Highgate featuring a welcoming covered front porch and an open concept design with an island kitchen that includes stainless steel appliances, upgraded maple cabinetry with 42 inch uppers, granite countertops, walk-in pantry and bay walk-out morning room to the 12x14 patio and all open to the very spacious family room. Large homeowners retreat with an en suite with a double bowl vanity, walk-in shower, linen closet and large walk-in closet. There are 2 additional bedrooms and a centrally located hall bathroom.

Last Agent to Sell the Property

Marie Edwards

HMS Real Estate, LLC License #RB14030108 Listed on: 03/31/2021

Last Buyer's Agent

Craig DeBoor

eXp Realty, LLC

eXp Realty, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,794

Year Built

  • Built in 2021

Lot Details

  • 9,100 Sq Ft Lot

HOA Fees

  • $38 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Driveway

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Slab Foundation
  • Vinyl Siding

Interior Spaces

  • 1,643 Sq Ft Home
  • Electric Fireplace
  • Thermal Windows
  • Vinyl Clad Windows
  • Family Room with Fireplace
  • Breakfast Room
  • Fire and Smoke Detector
  • Laundry on main level

Kitchen

  • Gas Oven
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

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 491505135009006500

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,794

Year Built

Built in 2021

Lot Details

0

HOA Fees

$38 per month

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: Ranch
  • Builder Name: Fischer Homes
  • Property Type: Residential
  • New Construction: Yes
  • Tax Year: 2020
  • Year Built: 2021
  • Building Area Total: 1643
  • Garage Y N: Yes
  • Lot Size Acres: 0.2089
  • Subdivision Name: HIGHGATE
  • Inspection Warranties: Warranty Builders
  • Transaction Type: Sale
  • Accessibility Features YN: 0
  • Special Features: NewHome

Interior Features

  • Basement: No
  • Appliances: Dishwasher, Disposal, Microwave, Gas Oven
  • Levels: One
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Electric, Family Room
  • Fireplaces: 1
  • Interior Amenities: Walk-in Closet(s), Windows Thermal, Windows Vinyl
  • Other Equipment: Smoke Detector
  • Areas Interior: Laundry Room Main Level
  • Eating Area: Breakfast Room
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 2
  • Sq Ft Main Upper: 1643
  • Main Level Sq Ft: 1643
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Master Bedroom Description: Closet Walk in,Shower Stall Full
  • Kitchen Features: Center Island,Pantry WalkIn

Exterior Features

  • Construction Materials: Brick, Vinyl Siding
  • Disclosures: Not Applicable
  • Exterior Features: Driveway Concrete
  • Foundation Details: Slab
  • List Price: 277979
  • 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 Parking Other: Garage Door Opener,Keyless Entry
  • Garage Sq Ft: 469

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: 450
  • 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

Lot Info

  • Property Attached Yn: No
  • Parcel Number: 491505135009006500
  • Acres: <1/4 Acre
  • Lot Number: 54
  • Lot Size: 9100

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
  • Schools: Glenns Valley Elementary

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 31, 2021
Closed on
Jun 18, 2021
Sold by
Fischer Homes Indianapolis Ii Llc
Bought by
Page Ellen
Seller's Agent
Marie Edwards
HMS Real Estate, LLC
Buyer's Agent
Craig DeBoor
eXp Realty, LLC
List Price
$277,979
Sold Price
$277,979
Current Estimated Value
$317,651

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$39,672
Avg. Annual Appreciation
3.61%
Original Mortgage
$238,282
Outstanding Balance
$218,534
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$103,450

Purchase Details

Closed on
Dec 23, 2020
Sold by
Highgate Partners Llc
Bought by
Fischer Homes Indianapolis Ii Llc
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
Page Ellen $277,979 Homestead Title
Fischer Homes Indianapolis Ii Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Page Ellen $238,282
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/25/2021 06/25/21 Sold $277,979 0.0% $169 / Sq Ft
03/31/2021 03/31/21 Pending -- -- --
03/31/2021 03/31/21 For Sale $277,979 -- $169 / 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 $3,794 $316,400 $54,600 $261,800
2023 $3,794 $291,400 $54,600 $236,800
2022 $3,553 $266,500 $54,600 $211,900
2021 $61 $300 $300 $0
2020 $9 $300 $300 $0
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2021

    Marie Edwards

    HMS Real Estate, LLC

    (317) 846-0777

    64 in this area

    3,692 Total Sales

    Section Image

  • C

    Buyer's Agent in 2021

    Craig DeBoor

    eXp Realty, LLC

    Section Image
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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21775417

MIBOR Broker Listing Cooperative®

APN: 49-15-05-135-009.006-500

Indiana Marion County Indianapolis 46237 South Emerson

5257 Rum Cherry Way, Indianapolis, IN

This home is located at 5257 Rum Cherry Way, Indianapolis, IN 46237 since 31 March 2021 and is currently estimated at $314,793, approximately $191 per square foot. This property was built in 2021. 5257 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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