NOT LISTED FOR SALE

5538 Rum Cherry Way Indianapolis, IN 46237

South Emerson Neighborhood

Estimated Value: $249,000 - $263,418

3 Beds
2 Baths
1,321 Sq Ft
$193/Sq Ft Est. Value

Last Sold January 09, 2012

Last sale price $102,500 $78 Per Sq Ft

Est. 153% increase in value since last sale

Current estimated payment $1,727/month

108 Days on Market

Highlights

  • Vaulted Ceiling
  • 2 Car Attached Garage
  • Forced Air Heating System
  • Ranch Style House
  • Woodwork
  • Combination Kitchen and Dining Room

About This Home

As of January 2012

***NEW FLOORING THROUGHOUT MOST OF THE HOME AND 5K PRICE REDUCTION***Spectacular 3 bedroom 2 full bath ranch style home with attached 2 car garage and a fenced rear yard;Home features a fireplace in the living room, sprinkler system, and very nicely done landscaping; Neighborhood features a playground and Perry Township Schools specifically Jeremiah Gray Elementary. Furnace and water heater are only 2 yrs old and still under warranty.

Last Agent to Sell the Property

Christopher Williams

RE/MAX Advanced Realty Brokerage Email: chris@indyhomepros.com Listed on: 08/18/2011

Last Buyer's Agent

Darrell Powers

The Modglin Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,026

Year Built

  • Built in 1996

Lot Details

  • 70 Sq Ft Lot

HOA Fees

  • $18 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

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

Interior Spaces

  • 1,321 Sq Ft Home
  • Woodwork
  • Vaulted Ceiling
  • Window Screens
  • Living Room with Fireplace
  • Combination Kitchen and Dining Room

Kitchen

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

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Forced Air Heating System
  • Electric Water Heater

Community Details

  • Association fees include home owners
  • Cherry Tree Subdivision
  • The community has rules related to covenants, conditions, and restrictions

Listing and Financial Details

  • Tax Lot 81
  • Assessor Parcel Number 491505106018000500

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,026

Year Built

Built in 1996

Lot Details

0

HOA Fees

$18 per month

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: Ranch
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2011
  • Year Built: 1996
  • Building Area Total: 1321
  • Garage Y N: Yes
  • Subdivision Name: Cherry Tree
  • Inspection Warranties: Not Applicable
  • Transaction Type: Sale
  • MBR_AttributionContact: chris@indyhomepros.com
  • Attribution Contact: chris@indyhomepros.com
  • Special Features: None

Interior Features

  • Basement: No
  • Appliances: Dishwasher, Disposal, MicroHood, Electric Oven, Electric Water Heater
  • Levels: One
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Living Room
  • Fireplaces: 1
  • Interior Amenities: Vaulted Ceiling(s), Screens Some, Wood Work Stained
  • Living Area: 1321
  • Main Level Bedrooms: 3
  • Other Equipment: Not Applicable
  • Eating Area: Dining Combo/Kitchen
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 2
  • Main Level Sq Ft: 1321
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Upper Level Sq Ft: 0
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Construction Materials: Brick, Vinyl Siding
  • Disclosures: Not Applicable
  • Foundation Details: Slab
  • List Price: 104900

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Attached

Utilities

  • Cooling: Central Electric
  • Heating: Forced Air, Electric
  • Water Source: Municipal/City
  • Solid Waste: Yes

Condo/Co-op/Association

  • Association Fee: 210
  • Association Fee Frequency: Annually
  • Association YN: Yes
  • H O A Disclosures: Covenants & Restrictions

Fee Information

  • Association Fee Includes: Association Home Owners

Lot Info

  • Property Attached Yn: No
  • Additional Parcels: No
  • Lot Size Sq Ft: 70
  • Parcel Number: 491505106018000500
  • Acres: 1/4-1/2 Acre

Tax Info

  • Tax Annual Amount: 1026
  • Tax Lot: 81
  • Semi Annual Property Tax Amt: 513
  • Tax Exemption: Homestead Tax Exemption,Mortage Tax Exemption,Other Tax Exemption/See Remarks

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 18, 2011
Closed on
Jan 9, 2012
Sold by
Humerickhouse Stephanie L
Bought by
Halfaker Joseph T and Halfaker Clare L
Seller's Agent
Christopher Williams
RE/MAX Advanced Realty
Buyer's Agent
Darrell Powers
The Modglin Group
List Price
$102,500
Sold Price
$102,500
Current Estimated Value
$259,501

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$157,001
Avg. Annual Appreciation
6.90%
Original Mortgage
$99,901
Interest Rate
4.12%
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
Halfaker Joseph T -- National Attorneys Title Ass
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Halfaker Joseph T $111,000
Closed Halfaker Joseph T $99,901
Previous Owner Humerickhouse Stephanie L $12,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/09/2012 01/09/12 Sold $102,500 0.0% $78 / Sq Ft
12/05/2011 12/05/11 Pending -- -- --
08/18/2011 08/18/11 For Sale $102,500 -- $78 / 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 $3,452 $244,100 $30,200 $213,900
2023 $3,452 $239,800 $30,200 $209,600
2022 $3,244 $220,200 $30,200 $190,000
2021 $2,656 $178,700 $30,200 $148,500
2020 $1,990 $147,800 $30,200 $117,600
2019 $1,745 $133,000 $18,100 $114,900
2018 $1,526 $121,200 $18,100 $103,100
2017 $1,407 $115,500 $18,100 $97,400
2016 $1,322 $110,500 $18,100 $92,400
2014 $908 $98,700 $18,100 $80,600
2013 $926 $98,700 $18,100 $80,600
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2012

    Christopher Williams

    RE/MAX Advanced Realty

  • D

    Buyer's Agent in 2012

    Darrell Powers

    The Modglin Group

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21137884

MIBOR Broker Listing Cooperative®

APN: 49-15-05-106-018.000-500

Indiana Marion County Indianapolis 46237 South Emerson

5538 Rum Cherry Way, Indianapolis, IN

This home is located at 5538 Rum Cherry Way, Indianapolis, IN 46237 since 18 August 2011 and is currently estimated at $255,355, approximately $193 per square foot. This property was built in 1996. 5538 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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