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  • $305,000

    5550 Rum Cherry Way, Indianapolis, IN 46237

    5beds
    3,446sqft
    Residential, Single Family Residence
    Built in 1997
    0.35 Acres Lot
    $357,200 Zestimate®
    $89/sqft
    $2,716 Estimated rent

    Home value

    $357,200

    $339,000 - $375,000

    $2,716/mo

    Zestimate® history
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    $2,152/mo

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    $2,152/mo

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    What's special

    Expansive fenced yard
    This exquisite residence features five spacious bedrooms, each with its own unique charm and character. The gaming zone is truly exceptional, providing endless hours of entertainment for all ages. The finished basement is impeccably designed and adds an additional layer of living space to the home. The expansive fenced yard is perfect for outdoor activities and provides a safe and secure environment for children and pets to play. With its ideal location, this home is perfect for hosting guests and entertaining friends and family. A MUST SEE!

    Zillow last checked:

    Listing updated:

    Listing Provided by:

    Michelle Chandler 317-413-8352,

    Keller Williams Indy Metro S,

    Bryan Williams,

    Keller Williams Indy Metro S

    Bought with:

    Deonte Brown

    eXp Realty, LLC

    Source: MIBOR as distributed by MLS GRID,MLS#: 21932054MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 4
    • Full bathrooms: 3
    • 1/2 bathrooms: 1
    • Main level bathrooms: 1
    Primary bedroom
    • Level: Upper
    • Area: 169 Square Feet
    • Dimensions: 13x13
    Bedroom 2
    • Features: Laminate
    • Level: Upper
    • Area: 130 Square Feet
    • Dimensions: 13x10
    Bedroom 3
    • Features: Laminate
    • Level: Upper
    • Area: 130 Square Feet
    • Dimensions: 13x10
    Bedroom 4
    • Level: Upper
    • Area: 130 Square Feet
    • Dimensions: 13x10
    Bedroom 5
    • Level: Upper
    • Area: 209 Square Feet
    • Dimensions: 19x11
    Other
    • Features: Laminate
    • Level: Main
    • Area: 30 Square Feet
    • Dimensions: 6x5
    Bonus room
    • Level: Basement
    • Area: 49 Square Feet
    • Dimensions: 7x7
    Dining room
    • Features: Laminate
    • Level: Main
    • Area: 168 Square Feet
    • Dimensions: 14x12
    Family room
    • Level: Main
    • Area: 182 Square Feet
    • Dimensions: 14x13
    Great room
    • Features: Laminate
    • Level: Main
    • Area: 196 Square Feet
    • Dimensions: 14x14
    Kitchen
    • Features: Laminate
    • Level: Main
    • Area: 228 Square Feet
    • Dimensions: 19x12
    Kitchen
    • Features: Laminate
    • Level: Basement
    • Area: 133 Square Feet
    • Dimensions: 19x7
    Office
    • Level: Basement
    • Area: 165 Square Feet
    • Dimensions: 15x11
    Play room
    • Level: Basement
    • Area: 208 Square Feet
    • Dimensions: 16x13
    Heating
    • Electric, Forced Air
    Cooling
    • Has cooling: Yes
    Appliances
    • Included: Dishwasher, Disposal, MicroHood, Electric Oven, Refrigerator
    • Laundry: Main Level
    Features
    • Kitchen Island, Entrance Foyer, Ceiling Fan(s), High Speed Internet, Eat-in Kitchen, Pantry
    • Basement: Egress Window(s),Finished,Finished Ceiling,Finished Walls,Full
    Interior area
    • Total structure area: 3,446
    • Total interior livable area: 3,446 sqft
    • Finished area below ground: 1,066

    Property

    Parking
    • Total spaces: 2
    • Parking features: Attached
    • Attached garage spaces: 2
    Features
    • Levels: Two
    • Stories: 2
    • Fencing: Fence Full Rear,Privacy
    Lot
    • Size: 0.35 Acres
    • Features: Sidewalks, Street Lights
    Details
    • Parcel number: 491505106016000500

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Residential, Single Family Residence
    Materials
    • Vinyl With Brick
    • Foundation: Concrete Perimeter
    Condition
    • New construction: No
    • Year built: 1997

    Utilities & green energy

    • Water: Municipal/City

    Community & neighborhood

    Community
    • Community features: Playground
    Location
    • Region: Indianapolis
    • Subdivision: Cherry Tree

    HOA & financial

    HOA
    • Has HOA: Yes
    • HOA fee: $250 annually

    Price history

    DateEventPrice
    8/31/2023Sold$305,000+2%$89/sqft
    Source: MIBOR as distributed by MLS GRID #21932054 Report a problem
    7/18/2023Pending sale$299,000$87/sqft
    Source: MIBOR as distributed by MLS GRID #21932054 Report a problem
    7/15/2023Listed for sale$299,000-16.9%$87/sqft
    Source: MIBOR as distributed by MLS GRID #21932054 Report a problem
    6/26/2023Listing removed--
    Source: MIBOR as distributed by MLS GRID #21921656 Report a problem
    6/8/2023Price change$359,900-4%$104/sqft
    Source: MIBOR as distributed by MLS GRID #21921656 Report a problem
    5/17/2023Listed for sale$375,000+97.4%$109/sqft
    Source: MIBOR as distributed by MLS GRID #21921656 Report a problem
    1/26/2018Sold$190,000-4.5%$55/sqft
    Source: MIBOR as distributed by MLS GRID #21523743 Report a problem
    1/2/2018Pending sale$199,000$58/sqft
    Source: Indy Metro Northeast #21523743 Report a problem
    11/14/2017Listed for sale$199,000$58/sqft
    Source: Keller Williams Indy Metro NE #21523743 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$4,306 +2.9%$406,700 +22%
    2024$4,182 +4.4%$333,300 +1.8%
    2023$4,006 +25%$327,300 +6.5%
    2022$3,206 +11.5%$307,300 +25.4%
    2021$2,874 +10.1%$245,000 +11.5%
    2020$2,610 +12%$219,800 +10%
    2019$2,330 +0.8%$199,800 +10%
    2018$2,313 +2.7%$181,600 +2.1%
    2017$2,252 +19.1%$177,800 +4.5%
    2016$1,891 +5.7%$170,100 +12.1%
    2014$1,788 +0.6%$151,700
    2013$1,778 $151,700 +1.1%
    2012$1,778 $150,100 -13.4%
    2011-- $173,400 -6.4%
    2010$1,852 +6.1%$185,200
    2009$1,745 $185,200 -2.3%
    2007-- $189,600
    2006-- $189,600 +12.2%
    2005-- $169,000
    2004-- $169,000
    2003-- $169,000 +66.2%
    2002-- $101,700 +200%
    2001-- $33,900
    2000-- $33,900

    Find assessor info on the county website

    Neighborhood: South Emerson

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Mary Bryan Elementary School
    • Middle: Southport Middle School
    • High: Southport High School

    Source: MIBOR as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $357,200
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $357,200