$350,000
$5K PRICE DROP

5335 Rum Cherry Way Indianapolis, IN 46237

South Emerson Neighborhood

Estimated payment $2,380/month

Total Views 3,731
3 Beds
2.5 Baths
2,004 Sq Ft
$175 Price per Sq Ft

Highlights

  • Mature Trees
  • Breakfast Bar
  • Forced Air Heating and Cooling System
  • 2 Car Attached Garage

About This Home

Gorgeous 3-BR/2.5-BA home with a FULL BASEMENT in ever-popular Highland Estates. Built by Fischer Homes in 2021, you'll be able to enjoy the luxury of owning a relatively new home without the hassle of working with a builder or their timelines that seem to never work out. Top features incl: 9-foot ceilings & luxury vinyl plank flooring on the main level; an oversized Kitchen with an island; upgraded cabinetry & countertops; a spacious & open floorplan on the main level; huge Primary BR suite, which includes a large walk-in closet; an oversized upstairs loft; an upstairs Laundry Room; full basement with egress & daylight windows; & a huge backyard that backs up against mature trees & a walking path that runs through the entire community.

Listing Agent

Curt Mikulla

Hot House Realty, LLC License #RB14043578 Listed on: 06/19/2025

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,214

Year Built

  • Built in 2021

Lot Details

  • 10,193 Sq Ft Lot
  • Mature Trees

HOA Fees

  • $41 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Brick Exterior Construction
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 2-Story Property
  • Laundry on upper level

Kitchen

  • Breakfast Bar
  • Electric Oven
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump
  • Basement Window Egress

Home Security

  • Radon Detector
  • Fire and Smoke Detector

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater

Community Details

  • Association fees include home owners, maintenance, parkplayground, management, walking trails
  • Association Phone (317) 541-0000
  • Highgate Subdivision
  • Property managed by Omni Management Group
  • The community has rules related to covenants, conditions, and restrictions

Listing and Financial Details

  • Tax Lot 491505135009011500
  • Assessor Parcel Number 491505135009011500

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,214

Year Built

Built in 2021

Lot Details

0

HOA Fees

$41 per month

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: Traditional
  • Builder Name: Fischer Homes
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2024
  • Year Built: 2021
  • Building Area Total: 2888
  • Garage Y N: Yes
  • Lot Size Acres: 0.23
  • Subdivision Name: Highgate
  • Inspection Warranties: Not Applicable
  • Transaction Type: Sale
  • Accessibility Features YN: No
  • Special Features: VirtualTour

Interior Features

  • Basement: Yes
  • Basement Type: Daylight, Egress Window(s), Full, Unfinished
  • Appliances: Dishwasher, Electric Water Heater, Disposal, Microwave, Electric Oven, Refrigerator
  • Levels: Two
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Total Bedrooms: 3
  • Interior Amenities: Breakfast Bar, Kitchen Island
  • Living Area: 2004
  • Other Equipment: Radon System, Smoke Alarm, Sump Pump
  • Eating Area: Breakfast Room,Dining Combo/Kitchen
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 0
  • Main Level Sq Ft: 884
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 1
  • Upper Level Sq Ft: 1120
  • Rooms Basement: 0

Exterior Features

  • Construction Materials: Brick, Vinyl Siding
  • Foundation Details: Concrete Perimeter, Full
  • List Price: 350000
  • Patio And Porch Features: Covered, Patio

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Attached
  • Garage Sq Ft: 412

Utilities

  • Utilities: Natural Gas Connected
  • Cooling: Central Air
  • Electric: 200+ Amp Service
  • Heating: Forced Air, Natural Gas
  • Laundry Features: Upper Level
  • Water Source: Public
  • Solid Waste: No

Condo/Co-op/Association

  • Association Amenities: Playground, Trail(s)
  • Association Fee: 495
  • Association Fee Frequency: Annually
  • Association Phone: 317-541-0000
  • Association YN: Yes
  • Management Company Name: Omni Management Group
  • H O A Disclosures: Covenants & Restrictions

Fee Information

  • Association Fee Includes: Association Home Owners, Entrance Common, Maintenance, ParkPlayground, Management, Walking Trails

Lot Info

  • Lot Features: Sidewalks, Mature Trees, Trees-Small (Under 20 Ft)
  • Property Attached Yn: No
  • Horse Amenities: None
  • Lot Size Sq Ft: 10193
  • Parcel Number: 491505135009011500
  • Acres: <1/4 Acre
  • Price Acre: 1521739

Tax Info

  • Tax Annual Amount: 5214
  • Tax Lot: 491505135009011500
  • Semi Annual Property Tax Amt: 2607
  • Tax Exemption: Homestead Tax Exemption,Mortgage Tax Exemption

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

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 $4,738 $394,400 $61,200 $333,200
2023 $4,738 $362,600 $61,200 $301,400
2022 $4,431 $330,900 $61,200 $269,700
2021 $9 $300 $300 $0
2020 $9 $300 $300 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/25/2025 07/25/25 Price Changed $350,000 -1.4% $175 / Sq Ft
06/19/2025 06/19/25 For Sale $355,000 +10.0% $177 / Sq Ft
08/06/2021 08/06/21 Sold $322,682 0.0% $111 / Sq Ft
04/09/2021 04/09/21 Pending -- -- --
04/09/2021 04/09/21 For Sale $322,682 -- $111 / Sq Ft
Source: MIBOR Broker Listing Cooperative®

Purchase History

Date Type Sale Price Title Company
Warranty Deed $322,682 Homestead Title
Warranty Deed $58,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $306,548 New Conventional
Source: Public Records

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Source: MIBOR Broker Listing Cooperative®

MLS Number: 22042739

MIBOR Broker Listing Cooperative®

APN: 49-15-05-135-009.011-500

Indiana Marion County Indianapolis 46237 South Emerson

5335 Rum Cherry Way, Indianapolis, IN

This home is located at 5335 Rum Cherry Way, Indianapolis, IN 46237 and is currently priced at $350,000, approximately $174 per square foot. This property was built in 2021. 5335 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.

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Nearby Homes
Curt Mikulla
Listing Agent
Curt Mikulla
Section Image
Hot House Realty, LLC
(317) 648-2833