NOT LISTED FOR SALE

5303 Rum Cherry Way Indianapolis, IN 46237

South Emerson Neighborhood

Estimated Value: $355,000 - $377,000

4 Beds
2.5 Baths
2,973 Sq Ft
$122/Sq Ft Est. Value

Last Sold February 04, 2021

Last sale price $284,412 $96 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $2,309/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 February 2021

New construction by Fischer Homes in beautiful Highgate featuring the Denali Modern Farmhouse plan. This open floorplan offers a formal living room and formal dining room, an island kitchen with SS appliances, upgraded cabinetry and walk-out morning room open to the family room. Upstairs is the primary bedroom with WIC and en suite, 3 add'l bedrooms with WIC, and a large loft. 2 car garage.

Last Agent to Sell the Property

Marie Edwards

HMS Real Estate, LLC License #RB14030108 Listed on: 11/30/2020

Last Buyer's Agent

Non-BLC Member

MIBOR REALTOR® Association

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10

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

  • Electric 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 Highgate Estates Homeowners Assc
  • The community has rules related to covenants, conditions, and restrictions

Listing and Financial Details

  • Assessor Parcel Number 5045195

Home Details

Home Type

Single Family

Est. Annual Taxes

$10

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: 2019
  • Year Built: 2020
  • Garage Y N: Yes
  • Lot Size Acres: 0.2089
  • Subdivision Name: HIGHGATE
  • Inspection Warranties: Warranty Builders
  • Property Description: New construction by Fischer Homes in beautiful Highgate featuring the Denali Modern Farmhouse plan. This open floorplan offers a formal living room and formal dining room, an island kitchen with SS appliances, upgraded cabinetry and walk-out morning room open to the family room. Upstairs is the primary bedroom with WIC and en suite, 3 add'l bedrooms with WIC, and a large loft. 2 car garage.
  • Transaction Type: Sale
  • Accessibility Features YN: 0
  • Special Features: NewHome

Interior Features

  • Basement: No
  • Appliances: Dishwasher, Disposal, Microwave, Electric 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: 2973
  • 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: 2973
  • Main Level Sq Ft: 1286
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 1
  • Master Bedroom Description: Closet Walk in,Shower Stall Full
  • Total Sq Ft: 2973
  • Kitchen Features: Center Island,Pantry
  • Upper Level Sq Ft: 1687

Exterior Features

  • Construction Materials: Brick, Vinyl Siding
  • Disclosures: Not Applicable
  • Exterior Features: Driveway Concrete
  • Foundation Details: Slab
  • List Price: 284412
  • 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: Service Door
  • 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: Highgate Estates Homeowners Assc
  • 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: 5045195
  • Acres: <1/4 Acre
  • Lot Number: 55
  • Lot Size: 9100

Green Features

  • Green Certification Y N: 0

Tax Info

  • Tax Annual Amount: 10
  • Semi Annual Property Tax Amt: 5
  • Tax Exemption: None
  • Multiple Tax I D: No

MLS Schools

  • School District: Perry Township

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 17, 2025
Sold by
Leach Evan
Bought by
Leach James
Current Estimated Value
$361,878

Purchase Details

Listed on
Nov 30, 2020
Closed on
Jan 26, 2021
Sold by
Fischer Homes Indianapolis Ii Llc
Bought by
Leach Evan
Seller's Agent
Marie Edwards
HMS Real Estate, LLC
Buyer's Agent
Non-BLC Member
MIBOR REALTOR® Association
List Price
$284,412
Sold Price
$284,412

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.41%
Original Mortgage
$184,412
Interest Rate
2.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 17, 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
Leach James $400,000 None Listed On Document
Leach Evan $284,412 None Available
Fischer Homes Indianapolis Ii Llc $58,000 First American Title Insurance
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Leach Evan $184,412
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/04/2021 02/04/21 Sold $284,412 0.0% $96 / Sq Ft
12/01/2020 12/01/20 Pending -- -- --
11/30/2020 11/30/20 For Sale $284,412 -- $96 / 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 $4,774 $401,600 $54,600 $347,000
2023 $4,774 $365,300 $54,600 $310,700
2022 $4,475 $332,600 $54,600 $278,000
2021 $5,626 $215,500 $54,600 $160,900
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

    62 in this area

    3,626 Total Sales

    Marie Edwards
    Section Image

  • N

    Buyer's Agent in 2021

    Non-BLC Member

    MIBOR REALTOR® Association

    Non-BLC Member
    Section Image

  • I

    Buyer's Agent in 2021

    IUO Non-BLC Member

    Non-BLC Office

See All Agents

Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21755223

MIBOR Broker Listing Cooperative®

APN: 49-15-05-135-009.007-500

Indiana Marion County Indianapolis 46237 South Emerson

5303 Rum Cherry Way, Indianapolis, IN

This home is located at 5303 Rum Cherry Way, Indianapolis, IN 46237 since 30 November 2020 and is currently estimated at $361,878, approximately $121 per square foot. This property was built in 2020. 5303 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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