Sold885d on market
5508 Cherry Birch Dr
Indianapolis, IN, 46237 • South Emerson • Marion County
$235,000
$165/sqft
3Beds
2Baths
1,426Sqft
0.33 acLot
1995Built
Property DNA
Waterfront Property
Pond
Pond Views
Pond
Ranch Style
Built 1995 · 31 years of history
Cherry Tree
South Emerson
Outdoor Living
Deck · Patio
1 Fireplace
Wood Burning
2-Car Garage
Attached
This home is in high demand
Listed 885 days ago · 3 views · Top 1% likely to sell soon
Market activity
Demand and pricing signals for this listing
3 views
People checking out this listing
885 days on market
Established listing
$165/sqft
Price per square foot
Selling Soon Prediction
Very HighThis home ranks in the top 1% of listings most likely to go under contract soon, based on market activity and demand signals.
Likelihood score
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About this home
Single Family · Built 1995
Nestled in a quiet and friendly neighborhood, this charming 3-bedroom ranch presents a golden opportunity for those with a vision. While it may need a little TLC, this home offers unparalleled value for those looking to put their personal touch on a property and create their dream oasis. The layout provides the perfect foundation for your interior design, and the spacious backyard is an oasis for outdoor entertainment and relaxation. Whether you're downsizing, a first-time buyer, or new to the area, with a little sweat equity, this property offers you the chance to enjoy something truly special.
Estimated monthly payment
Based on current rates
$1,563/month
Principal & Interest$1,228
Property Tax$235
Insurance$78
HOA$21
Down payment20% ($47,000)
3%50%
Est. 6.82% rate · 30yr fixed · $188,000 loan
Full calculator →At a glance
Key facts and listing details
TypeResidential, Single Family Residence
Year Built1995
HeatingForced Air, Heat Pump, Electric
Parking2 Attached Garage spaces
HOA$250 annually
Lot0.33 Acres
Property
Home typeSingle Family
Sub-typeResidential, Single Family Residence
StyleRanch
Year built1995
Stories1
Systems
HeatingForced Air, Heat Pump, Electric
ConstructionBrick, Vinyl Siding
Water / SewerMunicipal/City
Parking & Outdoor
ParkingAttached
Garage2 spaces
Fireplaces1
FencingFence Full Rear
Lot0.33 Acres
Location & Tax
NeighborhoodSouth Emerson
Annual tax$2,192
Parcel491504111006000500
Bathrooms & Fees
Full baths2
HOA$21/mo
Features & details
12 categories of property features
Interior Features
Interior
Attic Access
Cathedral Ceiling(s)
Breakfast Bar
Entrance Foyer
Pantry
Appliances
Dishwasher
Dryer
Electric Water Heater
Disposal
Microwave
Electric Oven
Refrigerator
Washer
Heating
Forced Air
Heat Pump
Electric
Laundry
Laundry Room
Fireplace
Wood Burning
Exterior Features
Parking
Attached
Construction
Brick
Vinyl Siding
Patio & Porch
Deck
Patio
Lot Features
Corner Lot
Community
Curbs
Park
Playground
Views
Pond
Utilities
Electricity Connected
Room details
7 rooms detailed
Master Bedroom
Main16×12 ft192 sqft
Bedroom2
Main11×10 ft110 sqft
Bedroom3
Main10×9 ft90 sqft
Other
Main5×8 ft40 sqft
Laminate
Dining Room
Main12×11 ft132 sqft
Laminate
Great Room
Main16×15 ft240 sqft
Listing insights
Market data and value estimates
StatusSold
Days on market885
Est. value$259,100
Est. rent$1,716/mo
Tax rate0.96%
Price/sqft$165
On marketSep 22, 2023
PostedSep 22, 2023
Last sold$235,000
MLS statusSold
MLS updatedNov 8, 2023
Tour days6
Views3
How are the schools in Indianapolis?
3 schools rated nearby
Location
Indianapolis, IN, 46237
Price history
5 events
DateEventPrice$/sqftSource
Nov 6, 2023Sold$235,000$165MIBOR as distributed by MLS GRID
Sep 25, 2023Pending Sale$235,000$165MIBOR as distributed by MLS GRID
Sep 22, 2023Listed For Sale$235,000$165MIBOR as distributed by MLS GRID
Mar 23, 2005Sold$124,900$88MIBOR as distributed by MLS GRID
Mar 30, 2001Sold$118,000$83MIBOR as distributed by MLS GRID
Sold$235,000
Nov 6, 2023•$165/sqft•MIBOR as distributed by MLS GRID
Pending Sale$235,000
Sep 25, 2023•$165/sqft•MIBOR as distributed by MLS GRID
Listed For Sale$235,000
Sep 22, 2023•$165/sqft•MIBOR as distributed by MLS GRID
Sold$124,900
Mar 23, 2005•$88/sqft•MIBOR as distributed by MLS GRID
Sold$118,000
Mar 30, 2001•$83/sqft•MIBOR as distributed by MLS GRID
Tax history
23 years of records
YearTax paidAssessed value
Apr 10, 2024$2,918$235,900
Apr 10, 2023$2,734$231,900
Apr 10, 2022$2,192$213,900
Apr 10, 2021$2,019$171,900
Apr 10, 2020$1,770$158,600
Apr 10, 2019$1,552$140,100
Apr 10, 2018$1,464$128,000
Apr 10, 2017$1,383$122,200
Apr 10, 2016$1,089$114,900
Apr 10, 2014$1,010$104,600
Apr 10, 2013$1,019$104,600
Apr 10, 2012$1,019$103,200
Apr 10, 2011—$116,400
Apr 10, 2010$1,236$123,600
Apr 10, 2009$1,012$123,600
Apr 10, 2007—$126,400
Apr 10, 2006—$126,400
Apr 10, 2005—$113,700
Apr 10, 2004—$113,700
Apr 10, 2003—$113,700
Apr 10, 2002—$70,800
Apr 10, 2001—$23,600
Apr 10, 2000—$23,600
Nearby homes
Neighborhood details
Local context around this listing
Indianapolis, IN • Marion County
Nearby neighborhoods
Chapel Hill-Ben DavisDowntownEagledaleEast WarrenFar EastsideGarden CityNear EastsideSnacks-Guion CreekSouth FranklinSouth Perry
Nearby cities
Beech GroveCumberlandIndianapolisLawrenceSouthportSpeedway
Nearby zip codes
46203462174621946220462224622446226462274623746254
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Based on information submitted to the MLS GRID as of 2026-04-10 03:38:16 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](/mls-disclaimers/#48)
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