Updated 14 Hours Ago
Highlights
Pet Friendly
- Modern finishes
- Spacious layout
- Attached 2-car garage
- Prime location within the neighborhood
Location
5053 Rum Cherry Way, Indianapolis, IN 46237, USA|I65-South Emerson
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Property Overview
With 29 photos and all utilities included, there’s a strong visual preview and added convenience. These features may appeal to renters looking for a straightforward option with helpful details and fewer separate utility arrangements.
This summary uses Zumper’s proprietary data. “Things you’ll love” and “Great for” are based on our internal analyses of market trends and renter insights.
Things you’ll love
More space- Elementary school nearby
- Middle school nearby
Great for
Pet owners
Amenities for 5053 Rum Cherry Way, I65-South Emerson
Features
| Air Conditioning | Central Air Conditioning |
| Furnished | Hardwood Floor |
| Porch | Washer/Dryer Hookups |
Appliances
| Dishwasher | In-Unit Laundry |
| Microwave | Refrigerator |
| Stove/Oven |
Community
| Cats OK | Dogs OK |
| Two Car Garage |
Grounds
| Garage Parking |
Services
| On-Site Management | Package Service |
Units, floor plans, amenities, dimensions, details, availability, and prices may be approximate and subject to change. Please contact a community representative for more information.
Policies and fees
Applicants
Applicants
One-time.
Contact Property
REQUIRED FEES
Security Deposit
One-time. Refundable.
Contact Property
Dog Policy
Allowed
Cat Policy
Allowed
Contact for more information on pet policy.
Questions about this property’s policies and fees?
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About 5053 Rum Cherry Way
*****Please Note: The home is currently tenant occupied. Please respect the tenants' privacy and do not disturb them.***** This is a beautiful newly built 3 bedroom, 2.5 bath single family home located in Perry Township. Situated in a prime location within the neighborhood, this home offers modern finishes, a spacious layout, and picturesque pond views right beside the property. The home comes equipped with a refrigerator, stove/oven, microwave, dishwasher, and central air for year round comfort. Enjoy the welcoming front porch, the convenience of an attached 2-car garage. Designed with both style and functionality in mind, this home is perfect for relaxing or entertaining. You'll enjoy easy access to I-465 and I-65, making commuting throughout Indianapolis simple. The home is just minutes from shopping, restaurants, grocery stores, and everyday conveniences along Southport Road and Emerson Avenue. Outdoor enthusiasts will appreciate being close to Smock Golf Course, Perry Park, and nearby walking trails, while Downtown Indianapolis is only a short drive away. *****The home does not come furnished.***** Pets are welcome. This home does not accept Section 8. All properties prohibit smoking/vaping. LEASE TERMS: 12 months. UTILITIES: Electric Stove Hook-up, Electric Dryer Hook-up, Gas Furnace, Gas Water Heater. TENANT PAYS: All Utilities. CENTRAL AIR: Yes. Pet Deposit/Pet Policy: A maximum of 2 pets per property will be allowed with a non-refundable pet fee of $300. There will be a $30 per pet per month charge for pet rent. The following breeds are restricted: Pit Bull and Rottweiler. At CityPlace Property Management, we strive to provide an experience that is cost-effective and convenient. Thats why we provide a Resident Benefits Package (RBP) to address common headaches for our residents. Our program handles insurance, air filter delivery (for applicable properties), credit building, rent rewards and more at a rate of $39.95/month, added to every property as a required program. More details upon application. *If you provide your own insurance policy, the RBP cost will be reduced by the amount of the insurance premium billed by Second Nature Insurance Services (NPN No. 20224621)
Property highlights
We compared every listing in the surrounding area to determine which amenities are most common. If a building lacks an amenity that most others in the area have, it is a con. If a building has an amenity most others in the area do not, it is a pro. Similarly, price, schools, and size are calculated relative to the size, price, and distance to schools of the other properties nearby.How 5053 Rum Cherry Way compares to other nearby properties.
Positives
- More space
- The 3-bedroom is 564 sqft larger than other listings nearby
- Elementary school nearby
- There is an elementary school 1 mile away
- Middle school nearby
- There is a middle school 1 mile away
- Dishwasher
- Dishwasher available in kitchen
- Images Available
- There are at least 10 photos of this address
- Package service
- More secure storage for delivery
Considerations
- Grow a garden indoors
- A balcony, backyard, or shared outdoor space isn't available
Address details
| Neighborhood | I65-South Emerson |
|---|---|
| Zip code | 46237 |
| Type | House for rent |
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Rent trends in I65-South Emerson
3-bedroom apartments at 5053 Rum Cherry Way cost about 27% more than the average rent price for 3-bedroom apartments in Indianapolis.
Median rents as of Jul 11 2026.
I65-South Emerson
Indianapolis
| Month | Median Rent |
|---|---|
| July 2024 | $1,640 |
| August 2024 | $1,618 |
| September 2024 | $1,598 |
| October 2024 | $1,611 |
| November 2024 | $1,595 |
| December 2024 | $1,586 |
| January 2025 | $1,596 |
| February 2025 | $1,605 |
| March 2025 | $1,655 |
| April 2025 | $1,680 |
| May 2025 | $1,697 |
| June 2025 | $1,695 |
| July 2025 | $1,652 |
| August 2025 | $1,609 |
| September 2025 | $1,599 |
| October 2025 | $1,598 |
| November 2025 | $1,581 |
| December 2025 | $1,585 |
| January 2026 | $1,598 |
| February 2026 | $1,599 |
| March 2026 | $1,599 |
| April 2026 | $1,600 |
| May 2026 | $1,635 |
| June 2026 | $1,647 |
| July 2026 | $1,650 |
| Month | Median Rent |
|---|---|
| July 2024 | $1,710 |
| August 2024 | $1,617 |
| September 2024 | $1,579 |
| October 2024 | $1,554 |
| November 2024 | $1,540 |
| December 2024 | $1,566 |
| January 2025 | $1,615 |
| February 2025 | $1,678 |
| March 2025 | $1,637 |
| April 2025 | $1,692 |
| May 2025 | $1,711 |
| June 2025 | $1,584 |
| July 2025 | $1,567 |
| August 2025 | $1,561 |
| September 2025 | $1,620 |
| October 2025 | $1,563 |
| November 2025 | $1,617 |
| December 2025 | $1,637 |
| January 2026 | $1,593 |
| February 2026 | $1,582 |
| March 2026 | $1,671 |
| April 2026 | $1,570 |
| May 2026 | $1,611 |
| June 2026 | $1,646 |
| July 2026 | $1,662 |
Affordability calculator
Can I afford to live at 5053 Rum Cherry Way?
Bedrooms
3 bedroomsRent-to-income ratio
30%
Slide to adjust the percentage of your monthly income you are willing to spend on rent.
The general rule of thumb is to spend around 30% or less of your income on rent.
Recommended income
$84,000/yr
With your selected rent-to-income ratio, you'd ideally want to make $84,000 annually to afford this 3-bedrooms monthly rent price of $2,100.
For more information on rent affordability, visit our rent calculator.
Rent history
The increase or decrease in monthly rent compared to the previous listing price.| 1 year ago | $2,200 |
Schools near 5053 Rum Cherry Way
Jeremiah Gray Elementary School
5225 gray rd
indianapolis, IN, 46227
PK, K-5Public
B
Rise Learning Center
5391 s shelby st
indianapolis, IN, 46227
PK, K-12Public
Family Development Services - Southeast Head Start
4024 south madison ave
indianapolis, IN, 46227
PKPublic
Mary Bryan Elementary School
4355 e stop 11 rd
indianapolis, IN, 46237
PK, K-5Public
B
Wanamaker Early Learning Center
4150 bazil ave
indianapolis, IN, 46239
PKPublic
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Internet available near 5053 Rum Cherry Way
Neighborhood
I65-South Emerson | Indianapolis, IN
Getting around Indianapolis near 5053 Rum Cherry Way
Walking
3/10
Fewer daily needs are within walking distance (unless you’re up for a challenge).
Driving
8/10
Commuting is easy with multiple accessible routes and plenty of parking.
Cycling
3/10
This is semi-bikeable, but you’ll need another way of getting around.
Transit
0/10
FYI, there are little to no public transit options within walking distance.
Points of interest for 5053 Rum Cherry Way, Indianapolis
Groceries
1/10
No grocery stores within walking distance
Shopping
4/10
Some shops within walking distance
Cafes
2/10
Few or no cafés within walking distance
Restaurants
4/10
Some restaurants within walking distance
Primary schools
6/10
At least one elementary school within a 20-minute walk
High schools
2/10
No high schools within a 30-minute walk
Parks
4/10
Limited amount of park space nearby
Nightlife
1/10
Few or no bars within walking distance
Explore the area around 5053 Rum Cherry Way
Walmart Supercenter
4650 S Emerson Ave
Kroger
5350 E Thompson Rd
Walmart Neighborhood Market
3805 S Keystone Ave
Kroger
5911 Madison Ave
Grace of God Taungzalatt
5142 Madison Ave
Moore Unique Finds & Consignment
5040 E Thompson Rd
Walmart Supercenter
4650 S Emerson Ave
Sunnys Alterations
4850 S Emerson Ave
Memory Muse LLC
4546 Marybelle Ln
Lynn's Halloween Town
5370 E Thompson Rd
Starbucks
4601 S Emerson Ave
7 Brew Coffee
4420 S Emerson Ave
Dutch Bros Coffee
5310 E Thompson Rd
Starbucks
5350 E Thompson Rd
Pana Donuts
5370 E Thompson Rd
5135 Emerson LLC
5135 S Emerson Ave
Mikies Pub
5135 S Emerson Ave
The Cabin
4639 E Edgewood Ave
Expo Bowling Center
5261 Elmwood Ave
LongHorn Steakhouse
4820 E Southport Rd
Walmart Deli
4650 S Emerson Ave
Walmart Bakery
4650 S Emerson Ave
Kroger Bakery
5350 E Thompson Rd
Murray's Cheese
5350 E Thompson Rd
Walmart Bakery
3805 S Keystone Ave
Playground
Playground
Park
Park
Playground
Subway
4650 S Emerson Ave
Wing Indy LLC
4912 S Emerson Ave
Little Caesars
4922 S Emerson Ave
Jimmy John's
4914 S Emerson Ave
Wingstop
4912 S Emerson Ave
9th Ave / Thompson Rd
Beech Grove
Thompson Rd / 9th Ave
Beech Grove
Redfern Dr / Sherman Dr
Beech Grove
Redfern Dr / Denny St
Beech Grove
9th Ave / Malden Ln
Beech Grove
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