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5121 Rum Cherry Way; Indianapolis, IN Property Details

5121 Rum Cherry Way, Indianapolis, IN is a Single Family that was built in 2019. This property is currently Financed and is not for sale. Our records show that 5121 Rum Cherry Way has 4 bedrooms, and 2.5 bathrooms, and a total of 2,999 square feet. The lot size of 5121 Rum Cherry Way is 9,104 square feet.

Off market
5121 Rum Cherry Way Indianapolis, IN 46237
$353,700 Estimated Value
4 Beds
2.5 Baths
2,999 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 2019
  • Purchase Price: $277,154
  • Open Loans / Balance: 1 / $203,625
  • Est. Equity / %: $224,375 / 52.42%
  • Gross Yield: 6.592%
  • APN: 49-15-05-135-007.044-500
  • Situs County: Marion
  • Length Of Ownership: 6 years, 9 months

Rooms

  • Bedrooms: 4
  • Bathrooms: 2.5
  • Full Bathrooms: 2
  • Total Rooms: 13
  • Partial Bathrooms: 1

Structure

  • Building Style: Masonry
  • Building Condition: Average
  • Building Quality: C
  • Roof Cover Type: Asphalt
  • Sewer Type: None
  • Water Source: Yes

Measurements

  • Total: 2,999/SqFt
  • Lot: 9,104/SqFt
  • Gross: 3,400/SqFt
  • Garage: 401/SqFt
  • Living: 2,999/SqFt
  • Building: 3,400/SqFt
  • Ground: 2,999/SqFt
  • Price Per Square Foot: $92.42

Legal Description

  • Description: HIGHGATE ESTATES SEC 1 L45
Building Insights

Land Information

  • Property Type: Single Family
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Perry Township Metropolitan School District
  • Lat / Lon: 39.69125 / -86.10227
  • Subdivision: Highgate Estates Sec 1
  • Property Class: Residential
  • Zoning: ZO01
  • County Use Code: 510

Amenities

  • Plus Four: 3861
  • Bathroom Fixtures: 12
  • Cooling: Central
  • Garage: Attached Garage
  • Heating: Central
  • Parking: 2

HOA

  • H O A One: $495
  • H O A Amount: $495
  • H O A One Frequency: Annual
  • H O A One Name: Highgate Estates Homeowners Associates Inc
  • H O A One Type: Home Owner Association

Ownership Info

5121 Rum Cherry Way has no associated ownership info
5121 Rum Cherry Way has no associated ownership info.

Taxes

5121 Rum Cherry Way has 10 associated Taxes items

5121 Rum Cherry Way, Indianapolis, IN pays taxes in Marion County, IN. The most recent tax assessment records are from 2025 and show that the current assessed value of the property is $353,700. The APN we've located for 5121 Rum Cherry Way is 49-15-05-135-007.044-500.

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Taxes
  • Assessed Value:  $353,700
  • Assessed Year:  2025
  • Assessed County:  Marion
  • APN:  49-15-05-135-007.044-500
  • Assessed Land Value:  54600
  • Market Land Value:  54600
  • Tax Amount:  4643.4
  • Tax Year:  2024
  • Market Value:  353700
  • Market Year:  2025

Tax History

5121 Rum Cherry Way has 8 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $353,700 Land Value $54,600 Improvement Value $299,100 Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value Land Value Improvement Value Tax Amount $4,643.4 Change Rate +0.073063% Assessed CR Tax Rate
Year 2023 Assessed Value $331,600 Land Value $54,600 Improvement Value $277,000 Tax Amount $4,327.24 Change Rate -0.01017% Assessed CR Tax Rate +0.01305%
Year 2022 Assessed Value $327,800 Land Value $54,600 Improvement Value $273,200 Tax Amount $4,371.7 Change Rate +0.141722% Assessed CR Tax Rate +0.013336%
Year 2021 Assessed Value $286,200 Land Value $54,600 Improvement Value $231,600 Tax Amount $3,829.04 Change Rate +0.08464% Assessed CR Tax Rate +0.013379%
Year 2020 Assessed Value $266,800 Land Value $54,600 Improvement Value $212,200 Tax Amount $3,530.24 Change Rate +763.1212% Assessed CR Tax Rate +0.013232%
Year 2019 Assessed Value $300 Land Value $300 Improvement Value Tax Amount $4.62 Change Rate -0.50641% Assessed CR Tax Rate +0.0154%
Year 2018 Assessed Value $300 Land Value $300 Improvement Value Tax Amount $9.36 Change Rate Assessed CR Tax Rate +0.0312%