NOT LISTED FOR SALE

5524 Rum Cherry Way Indianapolis, IN 46237

South Emerson Neighborhood

Estimated Value: $227,000 - $277,515

3 Beds
2.5 Baths
1,629 Sq Ft
$158/Sq Ft Est. Value

Last Sold October 28, 2020

Last sale price $170,000 $104 Per Sq Ft

Est. 54% increase in value since last sale

Current estimated payment $1,683/month

Highlights

  • Mature Trees
  • Covered Patio or Porch
  • Storm Windows
  • Traditional Architecture
  • 2 Car Attached Garage
  • Woodwork

About This Home

As of October 2020

Two-story home located in Cherry Tree Estates in Perry Township. This 3 BDRM/ 2.5 Bath home offers living room, dining room that opens to kitchen area. Kitchen offers S.S appliances and small eat-in area. Upstairs you will find a spacious Master Bedroom w/ walk-in closet and Master Bath. Large fully fenced backyard. Home is close to shops, restaurants and highway.

Last Agent to Sell the Property

Jason Hess

Compass Indiana, LLC Listed on: 10/28/2020

Compass Indiana, LLC

Last Buyer's Agent

Jason Hess

Compass Indiana, LLC Listed on: 10/28/2020

Compass Indiana, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,824

Year Built

  • Built in 1997

Lot Details

  • 10,846 Sq Ft Lot
  • Rural Setting
  • Mature Trees

Parking

  • 2 Car Attached Garage

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Vinyl Construction Material

Interior Spaces

  • 2-Story Property
  • Woodwork
  • Vinyl Clad Windows
  • Entrance Foyer
  • Family or Dining Combination
  • Attic Access Panel
  • Storm Windows
  • Laundry on main level

Kitchen

  • Electric Oven
  • Built-In Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet

Outdoor Features

  • Covered Patio or Porch

Utilities

  • Forced Air Heating System
  • Electric Water Heater

Community Details

  • Property has a Home Owners Association
  • Cherry Tree Subdivision

Listing and Financial Details

  • Tax Lot 79
  • Assessor Parcel Number 491505106008000500

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,824

Year Built

Built in 1997

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: TraditonalAmerican
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2019
  • Year Built: 1997
  • Building Area Total: 1629
  • Garage Y N: Yes
  • Lot Size Acres: 0.249
  • Subdivision Name: Cherry Tree
  • Inspection Warranties: Not Applicable
  • Transaction Type: Sale
  • MBR_AttributionContact: jason.hess@compass.com
  • Special Features: None

Interior Features

  • Basement: No
  • Appliances: Dishwasher, Disposal, MicroHood, Electric Oven, Refrigerator, Electric Water Heater
  • Levels: Two
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Total Bedrooms: 3
  • Interior Amenities: Attic Access, Walk-in Closet(s), Storms Some, Windows Vinyl, WoodWorkStain/Painted, Entrance Foyer, Hi-Speed Internet Availbl
  • Living Area: 1629
  • Eating Area: Dining Combo/Great Room
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 0
  • Main Level Sq Ft: 856
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 1
  • Upper Level Sq Ft: 773
  • Rooms Basement: 0
  • SqFt Total: 1629

Exterior Features

  • Construction Materials: Vinyl With Brick
  • Disclosures: Not Applicable
  • Foundation Details: Slab
  • List Price: 170000
  • Patio And Porch Features: Covered Porch

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Attached, Concrete

Utilities

  • Utilities: Cable Available, Sewer Connected, Water Connected
  • Cooling: Central Electric
  • Heating: Forced Air, Electric
  • Laundry Features: Main Level
  • Water Source: Municipal/City
  • Solid Waste: Yes

Condo/Co-op/Association

  • Association YN: Yes

Lot Info

  • Lot Features: Sidewalks, Rural - Subdivision, Mature Trees
  • Property Attached Yn: No
  • Additional Parcels: No
  • Lot Size Sq Ft: 10846
  • Parcel Number: 491505106008000500
  • Acres: <1/4 Acre

Green Features

  • Green Certification Y N: No

Tax Info

  • Tax Annual Amount: 1824
  • Tax Lot: 79
  • Semi Annual Property Tax Amt: 912
  • Tax Exemption: Homestead Tax Exemption,Mortage Tax Exemption

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 28, 2020
Closed on
Oct 28, 2020
Sold by
Emmert David H
Bought by
Gentry Tyler W
Seller's Agent
Jason Hess
Compass Indiana, LLC
Buyer's Agent
Jason Hess
Compass Indiana, LLC
List Price
$170,000
Sold Price
$170,000
Current Estimated Value
$262,243

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$92,243
Avg. Annual Appreciation
9.39%
Original Mortgage
$165,852
Outstanding Balance
$149,259
Interest Rate
2.8%
Mortgage Type
FHA
Estimated Equity
$111,792

Purchase Details

Closed on
Mar 20, 2014
Sold by
Adams Ginger M and Adams Sonnenberg
Bought by
Emmert David H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$124,699
Interest Rate
4.34%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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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
Gentry Tyler W $170,000 Meridian Title Corporation
Emmert David H $127,000 Indiana Title & Closing
Emmert Dave H -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gentry Tyler W $165,852
Previous Owner Emmert David H $119,817
Previous Owner Emmert David H $119,398
Previous Owner Emmert Dave H $124,699
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/28/2020 10/28/20 Sold $170,000 0.0% $104 / Sq Ft
10/28/2020 10/28/20 For Sale $170,000 -- $104 / 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 $3,047 $255,800 $30,000 $225,800
2023 $3,047 $235,100 $30,000 $205,100
2022 $2,914 $215,900 $30,000 $185,900
2021 $2,348 $177,100 $30,000 $147,100
2020 $2,108 $159,100 $30,000 $129,100
2019 $1,905 $144,000 $17,900 $126,100
2018 $1,690 $131,000 $17,900 $113,100
2017 $1,643 $129,000 $17,900 $111,100
2016 $1,555 $123,500 $17,900 $105,600
2014 $1,192 $109,900 $17,900 $92,000
2013 $2,672 $109,900 $17,900 $92,000
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2020

    Jason Hess

    Compass Indiana, LLC

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21748350

MIBOR Broker Listing Cooperative®

APN: 49-15-05-106-008.000-500

Indiana Marion County Indianapolis 46237 South Emerson

5524 Rum Cherry Way, Indianapolis, IN

This home is located at 5524 Rum Cherry Way, Indianapolis, IN 46237 since 28 October 2020 and is currently estimated at $258,129, approximately $158 per square foot. This property was built in 1997. 5524 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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