NOT LISTED FOR SALE

5601 Rum Cherry Way Indianapolis, IN 46237

South Emerson Neighborhood

Estimated Value: $274,000 - $318,000

3 Beds
2.5 Baths
1,754 Sq Ft
$170/Sq Ft Est. Value

Last Sold September 19, 2016

Last sale price $167,000 $95 Per Sq Ft

Est. 79% increase in value since last sale

Current estimated payment $1,934/month

40 Days on Market

Highlights

  • Vaulted Ceiling
  • Built-in Bookshelves
  • Forced Air Heating and Cooling System
  • Separate Formal Living Room
  • Woodwork
  • Garage

About This Home

As of September 2016

3 bedroom, 2.5 bath 2 story home, over 1700 sq ft of living space & w/ 3 car garage!! Master bedroom features walk in closet, garden tub w/ separate shower, open concept kitchen features granite counter tops, center islands, breakfast room and pantry. Family room w. cathedral ceiling, gas fireplace. Newer roof w/upgraded dimensional shingles.

Last Agent to Sell the Property

Jeff Paxson

Jeff Paxson Team License #RB14044826 Listed on: 07/27/2016

Last Buyer's Agent

Jeffrey Paxson

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,690

Year Built

  • Built in 1997

Lot Details

  • 10,019 Sq Ft Lot
  • Privacy Fence
  • Back Yard Fenced

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Built-in Bookshelves
  • Woodwork
  • Vaulted Ceiling
  • Gas Log Fireplace
  • Family Room with Fireplace
  • Separate Formal Living Room
  • Fire and Smoke Detector

Kitchen

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

Bedrooms and Bathrooms

  • 3 Bedrooms

Parking

  • Garage
  • Driveway

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Gas Water Heater

Community Details

  • Association fees include maintenance, parkplayground
  • Cherry Tree Subdivision
  • Property managed by Cherry Tree Estates

Listing and Financial Details

  • Assessor Parcel Number 491505106024000500

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,690

Year Built

Built in 1997

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: TradAmer, Two Story
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2015
  • Year Built: 1997
  • Garage Y N: Yes
  • Lot Size Acres: 0.23
  • Subdivision Name: CHERRY TREE
  • Inspection Warranties: Warranty Homebuyers
  • Property Description: 3 bedroom, 2.5 bath 2 story home, over 1700 sq ft of living space & w/ 3 car garage!! Master bedroom features walk in closet, garden tub w/ separate shower, open concept kitchen features granite counter tops, center islands, breakfast room and pantry. Family room w. cathedral ceiling, gas fireplace. Newer roof w/upgraded dimensional shingles.
  • Transaction Type: Sale
  • Special Features: None

Interior Features

  • Basement: No
  • Appliances: Dishwasher, Disposal, Microwave, MicroHood, Electric Oven, Refrigerator
  • Levels: Two
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: Family Room, Gas Log
  • Fireplaces: 1
  • Interior Amenities: Built In Book Shelves, Raised Ceiling(s), Vaulted Ceiling(s), Wood Work Painted
  • Living Area: 1754
  • Other Equipment: Smoke Detector
  • Room Count: 8
  • Areas Interior: Living Room Formal
  • Eating Area: Center Island,Formal Dining Room,Pantry
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 0
  • Sq Ft Main Upper: 1754
  • Main Level Sq Ft: 976
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 1
  • Master Bedroom Description: Tub Full with Separate Shower,Tub Garden,Closet Walk in,Tub Whirlpool
  • Total Sq Ft: 1754
  • Below Grade Sq Ft: 0
  • Upper Level Sq Ft: 778
  • Optional Level Below Grade: No Basement

Exterior Features

  • Construction Materials: Brick, Vinyl Siding
  • Disclosures: Not Applicable
  • Exterior Features: Driveway Concrete, Fence Full Rear, Fence Privacy
  • Foundation Details: Slab
  • List Price: 169900
  • Association Maintained Building Exterior: 0
  • Porch: Open Patio,Covered Porch

Garage/Parking

  • Fuel: Gas
  • Garage Parking Description: 3 Car Attached
  • Garage Parking Other: Garage Door Opener,Finished Garage

Utilities

  • Sewer: Sewer Connected
  • Cooling: Central Air
  • Heating: Forced Air
  • Water Source: Public
  • Solid Waste: 0
  • Water Heater: Gas

Condo/Co-op/Association

  • Association Fee Frequency: Annually
  • Management Company Name: Cherry Tree Estates

Fee Information

  • Association Fee Includes: Entrance Common, Maintenance, ParkPlayground
  • Mandatory Fee: 250

Lot Info

  • Property Attached Yn: No
  • Parcel Number: 491505106024000500
  • Acres: <1/4 Acre
  • Lot Information: Sidewalks
  • Lot Number: 92
  • Lot Size: 0.23

Green Features

  • Green Certification Y N: 0

Tax Info

  • Tax Annual Amount: 1690
  • Semi Annual Property Tax Amt: 845
  • Tax Exemption: HomesteadTaxExemption,MortageTaxExemption,OtherTaxExemption/See Remarks

MLS Schools

  • School District: Perry Township

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 9, 2019
Sold by
Mroxinski Jennifer E and Okeefe Jennifer E
Bought by
Okeefe Jennifer E
Current Estimated Value
$298,784

Purchase Details

Listed on
Jul 27, 2016
Closed on
Sep 19, 2016
Sold by
Hendricks Edith A
Bought by
Mrozinski Jennifer E
Seller's Agent
Jeff Paxson
Jeff Paxson Team
Buyer's Agent
Jeffrey Paxson
List Price
$169,900
Sold Price
$167,000
Premium/Discount to List
-$2,900
-1.71%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.04%
Original Mortgage
$158,650
Interest Rate
3.43%
Mortgage Type
New Conventional
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
Okeefe Jennifer E -- None Available
Mrozinski Jennifer E -- Security Title Services
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mrozinski Jennifer --
Previous Owner Mrozinski Jennifer E $58,878
Previous Owner Mrozinski Jennifer E $158,650
Previous Owner Hendricks Edith A $87,980
Previous Owner Hendricks Edith A $122,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/19/2016 09/19/16 Sold $167,000 0.0% $95 / Sq Ft
08/22/2016 08/22/16 Off Market $167,000 -- --
07/27/2016 07/27/16 For Sale $169,900 -- $97 / 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 $3,821 $307,800 $33,800 $274,000
2023 $3,821 $366,300 $33,800 $332,500
2022 $4,556 $335,300 $33,800 $301,500
2021 $3,677 $270,400 $33,800 $236,600
2020 $3,326 $243,800 $33,800 $210,000
2019 $2,990 $218,600 $19,800 $198,800
2018 $2,699 $200,000 $19,800 $180,200
2017 $2,604 $193,100 $19,800 $173,300
2016 $2,035 $153,500 $19,800 $133,700
2014 $1,582 $135,700 $19,800 $115,900
2013 $1,586 $135,700 $19,800 $115,900
Source: Public Records

Agents Affiliated with this Home

  • Jeff Paxson

    Seller's Agent in 2016

    Jeff Paxson

    Jeff Paxson Team

    (317) 883-2121

    12 in this area

    513 Total Sales

    Jeff Paxson
    Section Image

  • J

    Buyer's Agent in 2016

    Jeffrey Paxson

See All Agents

Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21432264

MIBOR Broker Listing Cooperative®

APN: 49-15-05-106-024.000-500

Indiana Marion County Indianapolis 46237 South Emerson

5601 Rum Cherry Way, Indianapolis, IN

This home is located at 5601 Rum Cherry Way, Indianapolis, IN 46237 since 27 July 2016 and is currently estimated at $298,784, approximately $170 per square foot. This property was built in 1997. 5601 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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