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317 Indian Elm Ln, Cary, NC, 27519

2beds
2baths
1,897sqft
$523,000
$276price/sqft
$3,333/moest. monthly cost
$133,320/yrincome needed

About This Home

Beautiful 2-bedroom, 2-bath ranch home in the sought-after Heritage Pines 55+ active adult community, offering low-maintenance living and a bright, open floor plan filled with natural light. This meticulously cared-for home sits on a corner lot and features a 2-car garage and a spacious primary suite with an updated bath including a walk-in shower. The front room has been enhanced with a custom built-in office, providing the perfect space to work from home or stay organized. Additional upgrades include California Closets for added storage and organization, replacement windows, new kitchen countertops, and all newer appliances except the dishwasher. Major system updates include a new HVAC installed in 2022 and a backflow preventer added to the irrigation system in 2022. Enjoy the amenities of this vibrant active community, including a clubhouse, pool, and gym with convenient access to shopping, dining, and major highways including NC-55 and I-540. Thoughtfully updated and move-in ready, this home offers comfortable, easy living in one of the area's most desirable communities.

Getting Around

5
WalkingCar-Dependent
0
TransitNo Nearby Transit
49
BikeSomewhat Bikeable

Schools

9/10
Green Hope ElementaryGrades PK-50.3 mi
10/10
Davis Drive MiddleGrades 6-82.2 mi
10/10
Green Hope HighGrades 9-120.3 mi

Construction

Condition

  • Year built: 2005

Materials

  • Foundation: Slab
  • Roof: Shingle
  • Construction materials: Vinyl Siding

Type & Style

  • Home type: SingleFamily
  • Architectural style: Ranch, Transitional
  • Property subType: Single Family Residence,Residential

Interior

Appliances

  • Appliances included: Dishwasher,Disposal,Gas Water Heater,Microwave,Plumbed For Ice Maker,Stainless Steel Appliance(s)
  • Laundry features: Inside,Laundry Room,Main Level

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 2
  • Full bathrooms: 2

Features

  • Ceiling Fan(s),Crown Molding,Double Vanity,Granite Counters,Pantry,Recessed Lighting,Smooth Ceilings,Walk-In Closet(s),Walk-In Shower
  • Flooring: Carpet,Hardwood,Laminate
  • Finished area below ground: 0
  • Finished area above ground: 1,897

Heating & Cooling

  • Heating features: Forced Air
  • Cooling features: Central Air,Electric

Interior Area

  • Total structure area: 1,897
  • Total interior livable area: 1,897 sqft

Property

Details

  • Parcel number: 0744087835
  • Zoning: TRCU
  • Special condition: Standard

Features

  • Levels: One
  • Stories: 1
  • Pool features: Association,Community
  • Patio & porch: Patio,Porch
  • Exterior features: Garden,Rain Gutters
  • Has view: Yes

Lot

  • Lot size: 9,147 sqft
  • Features: Back Yard,Corner Lot,Front Yard,Garden,Landscaped
  • Lot size dimensions: 127 x 109 x 65 x 97

Parking

  • Total spaces: 4
  • Parking features: Attached,Concrete,Driveway,Garage,Garage Faces Front,Inside Entrance
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2
  • Has uncovered spaces: Yes
  • Uncovered spaces: 2

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Hail
    HailModerate
  • Heat Wave
    Heat WaveModerate
  • Inland Flooding
    Inland FloodingModerate

How This Home’s Risks Compare

Hail
Heat Wave
Inland Flooding

FEMA Declared Disasters in Wake County and North Carolina

Flood
Hurricane
Mud Landslide
Severe Storm
Tropical Depression
Tropical Storm
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $2,644$31,728
Home Insurance *$119$1,428
Property Taxes $370$4,440
Electricity $200$2,405
Total$3,333$39,996
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$114,274/yr
40% on housing$99,990/yr
45% on housing$88,880/yr

North Carolina FAIR Plan Programs

North Carolina Joint Underwriting Association - FAIR Plan

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →

NCIUA - Coastal Property Insurance Pool (CPIP)

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 235,990Commercial: 10,165
Total Premiums$278.20M
Total Exposure$57.33B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 9.2%
9.2%
0%30.0%
Electricity Growth Rate10-year average: 4.0%
4.0%
0%15.0%
Property Taxes Growth Rate2-year average: 4.6%
4.6%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$276This listing

vs Other Active Listings

Avg $/sqft

ZIP 27519$257
Wake County$220

vs Homes Sold Last Month

Median $/sqft

ZIP 27519$275
Wake County$224

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-04-20Price change$523,000
2026-03-18Listed for sale$549,900
2022-05-05Sold$525,000
2022-04-16Pending sale$485,000
2022-04-13Listed for sale$485,000
2016-05-05Sold$290,000
2016-04-18Pending sale$280,000
2016-04-15Listed for sale$280,000

For Sale by Agent

AgentTina Caul
BrokerageEXP Realty LLC

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