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5540 Cherry Field Dr; Indianapolis, IN Property Details

5540 Cherry Field Dr, Indianapolis, IN is a Single Family that was built in 1996. This property is currently Financed,Intra-Family and is not for sale. Our records show that 5540 Cherry Field Dr has 3 bedrooms, and 1 bathroom, and a total of 1,728 square feet. The lot size of 5540 Cherry Field Dr is 8,668 square feet.

Off market
5540 Cherry Field Dr Indianapolis, IN 46237
$311,700 Estimated Value
3 Beds
1 Baths
1,728 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1996
  • Purchase Price: $150,900
  • Open Loans / Balance: 2 / $269,797
  • Est. Equity / %: $23,203 / 7.92%
  • APN: 49-15-04-107-021.000-500
  • Situs County: Marion
  • Length Of Ownership: 17 years, 6 months

Rooms

  • Bedrooms: 3
  • Bathrooms: 1
  • Full Bathrooms: 1
  • Total Rooms: 9

Structure

  • Building Style: Masonry
  • Stories: 1
  • Building Condition: Average
  • Building Quality: C
  • Pool Type: Yes
  • Roof Cover Type: Asphalt
  • Sewer Type: Yes
  • Water Source: Yes

Measurements

  • Total: 1,728/SqFt
  • Lot: 8,668/SqFt
  • Gross: 2,208/SqFt
  • Garage: 480/SqFt
  • Living: 1,728/SqFt
  • Building: 2,208/SqFt
  • Ground: 1,728/SqFt
  • Price Per Square Foot: $87.33

Legal Description

  • Description: CHERRY TREE ESTATES SEC III L100
Building Insights

Land Information

  • Property Type: Single Family
  • School District: Perry Township Metropolitan School District
  • Lat / Lon: 39.68625 / -86.1014
  • Subdivision: Cherry Tree Estates Sec Iii
  • Property Class: Residential
  • County Use Code: 510

Amenities

  • Pool: true
  • Plus Four: 3818
  • Bathroom Fixtures: 8
  • Cooling: Central
  • Fireplaces: 1
  • Garage: Attached Garage
  • Heating: Central
  • Parking: 2

HOA

  • H O A One: $21
  • H O A Amount: $21
  • H O A One Frequency: Monthly
  • H O A One Name: Cherry Tree Estates Hoa
  • H O A One Type: Home Owner Association

Ownership Info

5540 Cherry Field Dr has no associated ownership info
5540 Cherry Field Dr has no associated ownership info.

Taxes

5540 Cherry Field Dr has 10 associated Taxes items

5540 Cherry Field Dr, 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 $311,700. The APN we've located for 5540 Cherry Field Dr is 49-15-04-107-021.000-500.

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Taxes
  • Assessed Value:  $311,700
  • Assessed Year:  2025
  • Assessed County:  Marion
  • APN:  49-15-04-107-021.000-500
  • Assessed Land Value:  29400
  • Market Land Value:  29400
  • Tax Amount:  1947.02
  • Tax Year:  2024
  • Market Value:  311700
  • Market Year:  2025

Tax History

5540 Cherry Field Dr has 5 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $311,700 Land Value $29,400 Improvement Value $282,300 Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value Land Value Improvement Value Tax Amount $1,947.02 Change Rate -0.176262% Assessed CR Tax Rate
Year 2023 Assessed Value $260,100 Land Value $29,400 Improvement Value $230,700 Tax Amount $2,363.64 Change Rate -0.298844% Assessed CR Tax Rate +0.009087%
Year 2022 Assessed Value $238,700 Land Value $29,400 Improvement Value $209,300 Tax Amount $3,371.06 Change Rate +0.488248% Assessed CR Tax Rate +0.014123%
Year 2021 Assessed Value $190,800 Land Value $29,400 Improvement Value $161,400 Tax Amount $2,265.12 Change Rate Assessed CR Tax Rate +0.011872%