5404 Rum Cherry Way, Indianapolis, IN 46237
Property image
Property image
OFF MARKET

5404 Rum Cherry Way
Indianapolis, IN 46237

South Emerson
  • 4 Beds
  • 2.5 Baths
  • 2,459 sqft (on 0.26 acres)

$356,700

Trulia Estimate
as of Jul 20, 2026
Est. Refi. Payment $2,175/mo*
Refinance Your Home

$356,700

Trulia Estimate
as of Jul 20, 2026
Est. Refi. Payment $2,175/mo*
Refinance Your Home
4 Beds
2.5 Baths
2,459 sqft
(on 0.26 acres)

Local Information

  • Map ViewExplore the area around 5404 Rum Cherry Way.
  • Schools3 Elementary Schools2 Middle Schools1 High School
  • Shop & Eat
-- mins to
Commute Destination

Description

Beautiful property in the highly sought after Highgate community. This beautiful home was built in 2021 by Fischer Homes. The lower level offers a large Great Room and spacious layout with a desired size backyard. Upstairs you'll find a loft space that would make a great office and upstairs laundry!
5404 Rum Cherry Way, Indianapolis, IN 46237 is a 4 bedroom, 3 bathroom, 2,459 sqft single-family home in South Emerson, built in 2021. It last sold for $320,000 on Oct 27, 2023 (2% below the $325,000 asking price). It is currently off market. The Trulia Estimate is $356,700, with a rent estimate of $2,395/month.

Home Highlights

Parking
2 Car Garage
Outdoor
No Info
A/C
Heating & Cooling
HOA
$41/Monthly
Price/Sqft
No Info
Listed
180+ days ago

Home Details for 5404 Rum Cherry Way

Active Status

MLS Status: Sold

Interior Features

Interior Details
Number of Rooms: 10Types of Rooms: Master Bedroom, Bedroom 2, Bedroom 3, Bedroom 4, Breakfast Room, Dining Room, Family Room, Kitchen, Living Room, Loft
Beds & Baths
Number of Bedrooms: 4Number of Bathrooms: 3Number of Bathrooms (full): 2Number of Bathrooms (half): 1Number of Bathrooms (main level): 1
Dimensions and Layout
Living Area: 2459 Square Feet
Appliances & Utilities
Appliances: Dishwasher, Electric Water Heater, Disposal, Microwave, Electric OvenDishwasherDisposalMicrowave
Heating & Cooling
Heating: Forced AirHas CoolingHas HeatingHeating Fuel: Forced Air
Windows, Doors, Floors & Walls
Window: Windows Thermal, Windows Vinyl
Levels, Entrance, & Accessibility
Stories: 2Levels: Two

Exterior Features

Exterior Home Features
Foundation: Slab
Parking & Garage
Number of Garage Spaces: 2Number of Covered Spaces: 2No CarportHas a GarageHas an Attached GarageParking Spaces: 2Parking: Attached

Days on Market

Cumulative Days on Market: 63

Property Information

Year Built
Year Built: 2021
Property Type / Style
Property Type: ResidentialProperty Subtype: Residential, Single Family ResidenceArchitecture: Traditional
Building
Construction Materials: Brick, Vinyl SidingNot a New ConstructionAttached To Another Structure
Property Information
Parcel Number: 491505135009015500

Price & Status

Price
List Price: $325,000
Status Change & Dates
Off Market Date: Mon Sep 25 2023Possession Timing: Close Of Escrow

Location

Direction & Address
City: IndianapolisCommunity: Highgate
School Information
High School District: Perry Township Schools

Building

Building Area
Building Area: 2459 Square Feet

HOA

Has an HOAHOA Fee: $495/Annually

Lot Information

Lot Area: 0.26 acres

Miscellaneous

Mls Number: 21932644
Last check for updates: about 4 hours ago
Listed by Jared Cowan
eXp Realty, LLC
Fabiola Veguilla
Highgarden Real Estate
Bought with: Henry Sarmiento Interiano, eXp Realty, LLC
Source: MIBOR as distributed by MLS GRID, MLS#21932644

Price History for 5404 Rum Cherry Way

DatePriceEventSource
10/27/2023$320,000Sold
MIBOR as distributed by MLS GRID #21932644
09/26/2023$325,000PendingMIBOR as distributed by MLS GRID #21932644
07/25/2023$325,000Listed For SaleMIBOR as distributed by MLS GRID #21932644
11/05/2021$277,676Sold
MIBOR as distributed by MLS GRID #21806188
08/16/2021$277,676PendingMIBOR as distributed by MLS GRID #21806188
08/16/2021$277,676Listed For SaleMIBOR as distributed by MLS GRID #21806188

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$5,003
Assessment$429,200
Home facts updated by county records

Comparable Sales for 5404 Rum Cherry Way

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
5150 Arling Dr, Indianapolis, IN
0.17
Single-Family Home
$340,000
12/08/25
4
2.5
2,240
5108 Arling Dr, Indianapolis, IN
0.25
Single-Family Home
$345,000
10/21/25
4
2.5
2,474
3810 Cherry Blossom Blvd, Indianapolis, IN
0.08
Single-Family Home
$290,000
06/16/26
3
2
1,596
5623 Cherry Birch Dr, Indianapolis, IN
0.27
Single-Family Home
$334,900
06/18/26
4
2
2,113
3902 Cherry Blossom Blvd, Indianapolis, IN
0.15
Single-Family Home
$284,900
07/10/26
4
2
1,525
5233 Rum Cherry Way, Indianapolis, IN
0.16
Single-Family Home
$393,000
06/22/26
5
3
2,978
5516 Cherry Birch Dr, Indianapolis, IN
0.20
Single-Family Home
$285,000
06/30/26
3
2.5
1,865
5602 Rum Cherry Way, Indianapolis, IN
0.16
Single-Family Home
$300,000
06/26/26
4
2
1,512
5555 Cherry Field Dr, Indianapolis, IN
0.18
Single-Family Home
$285,000
06/26/26
3
2.5
1,636

Nearby homes

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Assigned Schools

These are the assigned schools for 5404 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 5404 Rum Cherry Way

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Off Market Homes Near 5404 Rum Cherry Way

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Based on information submitted to the MLS GRID as of 2026-07-20 11:28:17 PDT. 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. Click here for more information