5342 Rum Cherry Way, Indianapolis, IN 46237
OFF MARKET

5342 Rum Cherry Way
Indianapolis, IN 46237

South Emerson
  • 4 Beds
  • 2 Baths
  • 2,000 sqft (on 0.26 acres)

$349,000

Trulia Estimate
as of Jul 26, 2026
Est. Refi. Payment $1,844/mo*
Refinance Your Home

$349,000

Trulia Estimate
as of Jul 26, 2026
Est. Refi. Payment $1,844/mo*
Refinance Your Home
4 Beds
2 Baths
2,000 sqft
(on 0.26 acres)

Local Information

  • Map ViewExplore the area around 5342 Rum Cherry Way.
  • Schools3 Elementary Schools2 Middle Schools1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Property Type
Single-Family Home
Year Built
2021
Lot Size
0.26 acres
Living Area
2,000 sqft
Price/Sqft
$175
Parking
Garage

About this House

Stylish new Greenbriar Urban Modern plan by Fischer Homes in beautiful Highgate featuring a welcoming covered front porch, private 1st floor study with french doors and 9ft 1st floor ceilings. Island kitchen with stainless steel appliances, upgraded maple cabinetry with 42 inch uppers, granite countertops, pantry and bay breakfast room with walk-out to a 10/10 concrete patio and all open to the spacious family room. Upstairs homeowners retreat with en suite that includes a double bow vanity, soaking tub, separate shower and walk-in closet. There are 3 additional bedrooms that share a centrally located hall bath and laundry room. Expanded 2 car garage with opener and keyless entry system.
5342 Rum Cherry Way, Indianapolis, IN 46237 is a 4 bedroom, 2 bathroom, 2,000 sqft single-family home in South Emerson, built in 2021. It last sold for $295,985 on Jun 25, 2021. It is currently off market. The Trulia Estimate is $349,000, with a rent estimate of $2,144/month.

Home Details for 5342 Rum Cherry Way

Interior Features

Heating & Cooling
Heating: Forced Air, ElectricAir ConditioningCooling System: CentralHeating Fuel: Forced Air
Interior Details
Types of Rooms: Walk In Closet
Appliances & Utilities
DishwasherDisposalMicrowave

Exterior Features

Exterior Home Features
Roof: AsphaltExterior: Vinyl, Brick, Cement Concrete
Parking & Garage
GarageParking: Garage Attached

Property Information

Year Built
Year Built: 2021
Property Type / Style
Property Type: Single Family Home

Lot Information

Lot Area: 0.26 acres

Price History for 5342 Rum Cherry Way

DatePriceEventSource
06/25/2021$295,985Sold
MIBOR as distributed by MLS GRID #21757031
01/29/2021$293,000PendingMIBOR as distributed by MLS GRID #21757031
12/16/2020$293,000Listed For SaleMIBOR as distributed by MLS GRID #21757031

Market trends in Indianapolis

Last updated June 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$243K
$9.18KMoM
Sale-to-List Price
99.2%
0.5%MoM
Price per sq ft
$143
$3MoM
Available listings
3885
69MoM
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Property Tax and Assessment

Year2025
Tax$4,822
Assessment$410,500
Home facts updated by county records

Comparable Sales for 5342 Rum Cherry Way

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
3810 Cherry Blossom Blvd, Indianapolis, IN
0.11
Single-Family Home
$290,000
06/16/26
3
2
1,596
3902 Cherry Blossom Blvd, Indianapolis, IN
0.16
Single-Family Home
$284,900
07/10/26
4
2
1,525
5623 Cherry Birch Dr, Indianapolis, IN
0.30
Single-Family Home
$334,900
06/18/26
4
2
2,113
5150 Arling Dr, Indianapolis, IN
0.13
Single-Family Home
$340,000
12/08/25
4
2.5
2,240
5602 Rum Cherry Way, Indianapolis, IN
0.20
Single-Family Home
$300,000
06/26/26
4
2
1,512
5162 Arling Dr, Indianapolis, IN
0.11
Single-Family Home
$335,000
07/20/26
3
2.5
2,016
5303 Rum Cherry Way, Indianapolis, IN
0.08
Single-Family Home
$354,000
10/07/25
4
2.5
2,973
5516 Cherry Birch Dr, Indianapolis, IN
0.22
Single-Family Home
$285,000
06/30/26
3
2.5
1,865
3431 Royal Oak Dr, Indianapolis, IN
0.32
Single-Family Home
$229,000
09/08/25
3
1.5
2,050
3920 Oak Harbor Ln, Indianapolis, IN
0.21
Single-Family Home
$275,000
08/08/25
2
2
1,904

Nearby homes

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Assigned Schools

These are the assigned schools for 5342 Rum Cherry Way.
View nearby schools on GreatSchools
The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

Neighborhood Overview

South Emerson
See Local Highlights
Neighborhood stats provided by third party data sources.

What Locals Say about South Emerson

At least 85 Trulia users voted on each feature.

  • 91 % Say car is needed

  • 85 % Say parking is easy

  • 84 % Say kids play outside

  • 82 % Say it's dog friendly

  • 74 % Say yards are well-kept

  • 69 % Say there are sidewalks

  • 68 % Say there's holiday spirit

  • 62 % Say it's quiet

  • 50 % Say neighbors are friendly

  • 50 % Say people would walk alone at night

  • 44 % Say it's walkable to grocery stores

  • 42 % Say there's wildlife

  • 35 % Say it's walkable to restaurants

  • 33 % Say streets are well-lit

  • 33 % Say they plan to stay for at least 5 years

  • 18 % Say there are community events

Sourced by Trulia users. Learn more about our methodology.
  • Trulia User
    "there is great yard space to run and play and also tons of parks to take them for walks. "
    0
    Flag
  • Trulia User
    "Not a lot of strays. Lots of friendly dogs. Low speed limits. Most of the houses have big yards. Lots of neighborhoods to walk. "
    0
    Flag
  • Trulia User
    "I’ve lived in this beautiful neighborhood for 25 years, raised our sons here. Neighbors are friendly & keep an eye out for one another. Rarely do these homes go up for sale, so there isn’t much turnover. "
    6
    Flag
  • Lalcautergomez
    "Dogs are welcome, most of the neighborhood has dogs and people walks them all the time, and most if not all pick after them "
    1
    Flag
  • Hermelindo P.
    "There is safe to live in here and people are very friendly, so far is nice and calm, no problems with the neighborhood "
    3
    Flag
  • A
    "Some crime; petty theft/ break ins... weird people knock on your door sometimes. BUT management is really nice and the maintenance team is quick and efficient. "
    4
    Flag
  • Scissorhands_888
    "Small neighborhood with two streets to enter or exit. Low incidence of crime. Neighbors watch out for each other and communicate regularly."
    37
    Flag
  • Meddie D.
    "You see dog owners walking their dogs all the time and consistently looking out for each other's pets."
    2
    Flag
  • Dedra B.
    "great..good.. well festive... nice... non violent.. friendly... nice schools.... lots of restaurants.."
    2
    Flag
  • V
    "Schools in this area lack diversity. There are a few nice restaurants and lots of medical offices conveniently located."
    1
    Flag
  • Meddie D.
    "My neighborhood needs greater access to public transportation and better lighting for the streets. The traffic lights would do better with better synchronization."
    3
    Flag
  • Jahadley317
    "This is a great, quiet little area with good schools and easy access to downtown. It is a great place to start a family. Franklin township schools are the best in the city."
    1
    Flag
  • Donna S.
    "I am in a CDI Home Retirement Community. There are very good places to walk without having to get on busy roads. Convenient shopping and eating areas near Southport and also Beech Grove."
    2
    Flag

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Homes for sale near 5342 Rum Cherry Way

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Off Market Homes Near 5342 Rum Cherry Way

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