NOT LISTED FOR SALE

5518 Rum Cherry Way Indianapolis, IN 46237

South Emerson Neighborhood

Estimated Value: $230,000 - $248,000

-- Bed
1 Bath
1,321 Sq Ft
$182/Sq Ft Est. Value

About This Home

This home is located at 5518 Rum Cherry Way, Indianapolis, IN 46237 and is currently estimated at $240,692, approximately $182 per square foot. 5518 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.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 3, 2022
Sold by
Stefan Wolfla Ferd and Stefan Cathy D
Bought by
Wolfla Ferd S and Wolfla Cathy D
Current Estimated Value
$240,692

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Outstanding Balance
$296,097
Interest Rate
2.12%
Mortgage Type
FHA
Estimated Equity
-$49,552

Purchase Details

Closed on
May 27, 2022
Sold by
Stefan Wolfla Ferd and Stefan Cathy D
Bought by
Wolfla Ferd S and Wolfla Cathy D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Outstanding Balance
$296,097
Interest Rate
2.12%
Mortgage Type
FHA
Estimated Equity
-$49,552
Source: Public Records

Range of Values:

Collateral Analytics

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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.

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First American

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Quantarium

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Average Value
Not Available
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
Wolfla Ferd S -- Fnc Title Services
Wolfla Ferd S -- Fnc Title Services
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wolfla Ferd S $300,000
Closed Wolfla Ferd S $300,000
Closed Wolfla Ferd S $300,000
Previous Owner Wolfla Ferd S $300,000
Previous Owner Wolfla Cathy D $113,586
Previous Owner Wolfla Ferd Stefan $120,531
Previous Owner Wolfia Ferd Stefan $31,620
Source: Public Records

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 $2,824 $222,000 $33,500 $188,500
2023 $2,824 $218,200 $33,500 $184,700
2022 $2,721 $200,900 $33,500 $167,400
2021 $2,183 $163,900 $33,500 $130,400
2020 $1,970 $147,900 $33,500 $114,400
2019 $1,751 $131,700 $20,000 $111,700
2018 $1,567 $120,200 $20,000 $100,200
2017 $1,500 $117,100 $20,000 $97,100
2016 $1,423 $112,300 $20,000 $92,300
2014 $1,007 $99,800 $20,000 $79,800
2013 $1,080 $99,800 $20,000 $79,800
Source: Public Records

Map

Indiana Marion County Indianapolis 46237 South Emerson

5518 Rum Cherry Way, Indianapolis, IN

This home is located at 5518 Rum Cherry Way, Indianapolis, IN 46237 and is currently estimated at $240,692, approximately $182 per square foot. 5518 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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