NOT LISTED FOR SALE

5615 Cherry Field Dr Indianapolis, IN 46237

South Emerson Neighborhood

Estimated Value: $257,000 - $265,000

3 Beds
2 Baths
1,336 Sq Ft
$196/Sq Ft Est. Value

Last Sold April 11, 2023

Last sale price $247,000 $185 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $1,591/month

20 Days on Market

Highlights

  • Home fronts a pond
  • Vaulted Ceiling
  • 2 Car Attached Garage
  • Pond View
  • Ranch Style House
  • Built-in Bookshelves

About This Home

As of April 2023

Beautiful 3 bedroom 2 bath ranch in popular Perry Township. This home has been meticulously maintained. Only one owner has lived in home and has taken wonderful care of it. Enjoy the 3 season room in the back while looking at the view of the pond. Curl up in the living room by the gas fireplace. The 2 car garage has a heater installed. This house is move in ready and just waiting for your finishing touches. New roof has been ordered and being installed soon.

Last Agent to Sell the Property

Joy Eder

Crossroads Real Estate Group LLC License #RB15001559 Listed on: 02/13/2023

Last Buyer's Agent

Lee Skiles

Trueblood Real Estate

Trueblood Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,344

Year Built

  • Built in 1997

Lot Details

  • 0.29 Acre Lot
  • Home fronts a pond

HOA Fees

  • $21 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Ranch Style House
  • Slab Foundation
  • Vinyl Construction Material

Interior Spaces

  • 1,336 Sq Ft Home
  • Built-in Bookshelves
  • Vaulted Ceiling
  • Paddle Fans
  • Gas Log Fireplace
  • Vinyl Clad Windows
  • Window Screens
  • Great Room with Fireplace
  • Family or Dining Combination
  • Carpet
  • Pond Views
  • Fire and Smoke Detector

Kitchen

  • Breakfast Bar
  • Electric Oven
  • <<builtInMicrowave>>
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Attic

  • Attic Access Panel
  • Pull Down Stairs to Attic

Schools

  • Southport Middle School
  • Southport High School

Additional Features

  • Enclosed Glass Porch
  • Suburban Location
  • Electric Water Heater

Community Details

  • Association fees include home owners
  • Association Phone (317) 534-0200
  • Cherry Tree Subdivision
  • Property managed by Elite Property Management
  • The community has rules related to covenants, conditions, and restrictions

Listing and Financial Details

  • Tax Lot 59
  • Assessor Parcel Number 491504107012000500

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,344

Year Built

Built in 1997

Lot Details

0

HOA Fees

$21 per month

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: Ranch
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2021
  • Year Built: 1997
  • Building Area Total: 1336
  • Garage Y N: Yes
  • Lot Size Acres: 0.29
  • Subdivision Name: Cherry Tree
  • Inspection Warranties: Not Applicable
  • Transaction Type: Sale
  • Accessibility Features YN: No
  • MBR_AttributionContact: Joy@EderRealProperties.com
  • Special Features: None

Interior Features

  • Basement: No
  • Appliances: Dishwasher, Dryer, Electric Water Heater, Disposal, MicroHood, Electric Oven, Refrigerator, Washer
  • Levels: One
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Gas Log, Great Room
  • Fireplaces: 1
  • Interior Amenities: Attic Access, Attic Pull Down Stairs, Breakfast Bar, Built In Book Shelves, Vaulted Ceiling(s), Paddle Fan, Hi-Speed Internet Availbl, Screens Complete, Walk-in Closet(s), Windows Vinyl
  • Living Area: 1336
  • Main Level Bedrooms: 3
  • Other Equipment: Smoke Alarm
  • Spa Y N: No
  • Eating Area: Dining Combo/Great Room
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 2
  • Main Level Sq Ft: 1336
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • ResoLivingAreaSource: Assessor
  • Rooms Basement: 0

Exterior Features

  • Construction Materials: Vinyl With Brick
  • Direction Faces: West
  • Foundation Details: Slab
  • List Price: 275000
  • Patio And Porch Features: Glass Enclosed
  • View: Pond
  • View Y N: Yes
  • Waterfront Features: Pond
  • Waterfront: Yes

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Attached
  • Garage Parking Other: Finished Garage,Garage Door Opener,Other

Utilities

  • Utilities: Cable Available, Electricity Connected, Gas, Sewer Connected, Water Connected
  • Cooling: Central Electric
  • Electric: 200+ Amp Service
  • Heating: Electric
  • Water Source: Municipal/City
  • Solid Waste: Yes

Condo/Co-op/Association

  • Association Fee: 250
  • Association Fee Frequency: Annually
  • Association Phone: 317-534-0200
  • Association YN: Yes
  • Community Features: Curbs, Sidewalks, Street Lights, Suburban
  • Management Company Name: Elite Property Management
  • H O A Disclosures: Covenants & Restrictions

Fee Information

  • Association Fee Includes: Association Home Owners

Schools

  • Middle Or Junior School: Southport Middle School

Lot Info

  • Lot Features: Curbs, Street Lights, Suburb
  • Property Attached Yn: No
  • Additional Parcels: No
  • Horse Amenities: None
  • Lot Size Sq Ft: 12807
  • Parcel Number: 491504107012000500
  • Acres: 1/4-1/2 Acre
  • Price Acre: 851724.137931034

Green Features

  • Green Certification Y N: No

Tax Info

  • Tax Annual Amount: 1344
  • Tax Lot: 59
  • Semi Annual Property Tax Amt: 672
  • Tax Exemption: None

MLS Schools

  • High School: Southport High School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 13, 2023
Closed on
Apr 6, 2023
Sold by
Sears Lou Ellen
Bought by
Stinson Randy L and Stinson Debra L
Seller's Agent
Joy Eder
Crossroads Real Estate Group LLC
Buyer's Agent
Lee Skiles
Trueblood Real Estate
List Price
$275,000
Sold Price
$247,000
Premium/Discount to List
-$28,000
-10.18%
Views
81
Current Estimated Value
$261,233

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$14,233
Avg. Annual Appreciation
3.65%
Original Mortgage
$242,526
Outstanding Balance
$237,026
Interest Rate
6.6%
Mortgage Type
FHA
Estimated Equity
$30,890
Source: Public Records

Range of Values:

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Average Value
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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
Stinson Randy L $247,000 Near North Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Stinson Randy L $70,000
Open Stinson Randy L $242,526
Previous Owner Sears Lou $55,550
Previous Owner Sears Lou Ellen $60,000
Previous Owner Sears Lou Ellen $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/11/2023 04/11/23 Sold $247,000 -10.2% $185 / Sq Ft
03/06/2023 03/06/23 Pending -- -- --
03/05/2023 03/05/23 For Sale $275,000 +11.3% $206 / Sq Ft
02/24/2023 02/24/23 Off Market $247,000 -- --
02/13/2023 02/13/23 For Sale $275,000 -- $206 / 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 $1,486 $230,300 $29,400 $200,900
2023 $1,486 $222,600 $29,400 $193,200
2022 $2,756 $204,600 $29,400 $175,200
2021 $1,428 $165,800 $29,400 $136,400
2020 $1,400 $149,100 $29,400 $119,700
2019 $1,372 $134,800 $17,800 $117,000
2018 $1,525 $122,700 $17,800 $104,900
2017 $1,456 $119,500 $17,800 $101,700
2016 $1,373 $114,400 $17,800 $96,600
2014 $950 $101,300 $17,800 $83,500
2013 $964 $101,300 $17,800 $83,500
Source: Public Records

Agents Affiliated with this Home

  • Joy Eder

    Seller's Agent in 2023

    Joy Eder

    Crossroads Real Estate Group LLC

    (317) 753-4912

    1 in this area

    57 Total Sales

    Joy Eder
    Section Image

  • L

    Buyer's Agent in 2023

    Lee Skiles

    Trueblood Real Estate

    Section Image
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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21905696

MIBOR Broker Listing Cooperative®

APN: 49-15-04-107-012.000-500

Indiana Marion County Indianapolis 46237 South Emerson

5615 Cherry Field Dr, Indianapolis, IN

This home is located at 5615 Cherry Field Dr, Indianapolis, IN 46237 since 13 February 2023 and is currently estimated at $261,233, approximately $195 per square foot. This property was built in 1997. 5615 Cherry Field Dr 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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