5002 Amber Wood DriveIndianapolis, IN 46235
Quick Move-In Home Available in July!- Homes
- Indianapolis Metro
- Indianapolis
- 5002 Amber Wood Drive
Overview
5002 Amber Wood DriveIndianapolis, IN 46235
- Floor PlanThe Spruce
- 4Beds
- 2 .5Baths
- 2Stories
- 2,343SQ. FT.
- 167Lot #
3.875% (5.539% APR**) Fixed for 7 Years
Conventional 30-year 7/6 adjustable rate mortgage
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Step into this beautiful home that balances elegance with everyday function, located in the heart of Indianapolis. Set on a corner lot with an upgraded exterior elevation and vinyl board & batten siding, this home offers incredible curb appeal.
This 2,343 sq. ft. Spruce floor plan features a bright open layout and thoughtful upgrades, bringing warmth and style to every room. From the moment you enter, you’re greeted with soaring 9’ ceilings and luxury vinyl plank flooring that flows through the main living areas, including a spacious great room perfect for relaxing or entertaining.
The kitchen is a modern chef’s dream, complete with quartz countertops, rich Sarsaparilla cabinets, and 42” upper cabinets for added storage. Additional LED lighting throughout the home keeps things bright and energy-efficient, while upgraded bathrooms—including a 60” shower and double bowl vanity in the primary suite—offer comfort and class.
Upstairs, the enlarged loft provides bonus living space—ideal for a game room, office, or cozy retreat. Outside, enjoy quiet evenings or weekend get-togethers on a 12’x10’ back patio.
Located in our Silver Stream community, you’ll enjoy quick access to I-70, Fort Harrison State Park, and nearby shopping and dining. Visit us today to learn how to make this home your own!
All trademarks are the property of their respective owners.
ALL LOANS ARE SUBJECT TO CREDIT APPROVAL.
*Contact your Arbor Homes sales manager for a list of eligible homes. Contracts written on or after 07/22/2025. Loan must close before 11/22/2025. All terms and conditions subject to credit approval, market conditions and availability. Silverton Mortgage has locked in a fixed interest rate for a pool of funds. Rates only available until pool of funds is depleted or rate expires.
**Example of 75% LTV (25% Cash Down) 7/6 ARM Loan Program with $400,000.00 sales price. $300,000.00 loan amount - 7-yr adjustable rate loan (30-year term) with zero points based on 360 monthly payments. 25% cash down payment of $100,000.00 required. Example includes $1,495.00 origination fee, 5.539% APR, and 3.875% interest rate as of 07/21/2025. Initial monthly payment will be $1,410.71.00 (principal and interest only). After the initial fixed rate period and subject to the interest rate adjustment caps, the maximum first adjusted rate for this example will never be more than 8.875% with a first adjustment maximum payment of $2,386.93 (principal and interest only). The maximum lifetime rate will never be more than 8.875% with an estimated maximum monthly payment (principal and interest only) of $2,386.93. Monthly payments do not include required mortgage insurance, taxes, insurance premiums or other applicable escrows. Actual payment amount will be higher. Your interest rate and payment may increase with the first or any subsequent adjustment. This example assumes the Treasury index will be used throughout the life of the loan and will not change. Fees, other charges, and terms subject to change. Available loan programs and terms will vary by state.
Vanderbilt Mortgage and Finance, Inc., dba Silverton Mortgage, 1201 Peachtree St NE, Ste 2050, Atlanta, GA 30361, 404-815-0291, NMLS 1561, (http://www.nmlsconsumeraccess.org/), AZ Lic. #BK-0902616, Licensed by the Department of Financial Protection and Innovation under the California Residential Mortgage Lending Act license, Licensed by the N.J. Department of Banking and Insurance, Licensed by PA Dept. of Banking and Securities, Rhode Island Licensed Lender. Licensing information: https://silvertonmortgage.com/licensing/. All information is believed accurate and subject to change without notice. 07/2025
Features
- Elevation C
- 12' x 10' Rear Patio
- 9' First Floor Walls
- Enlarged Loft
- Water Softener Bypass Rough-in
- 42" Upper Cabinetry in Kitchen
- 60" Framed Bi-pass Shower and Double Bowl Vanity in Primary Bathroom
- Quartz Countertops in Kitchen
- Vinyl Plank Flooring in Common Areas
- Stainless Steel Appliances
Area Schools
- Indian Creek Elementary School
- Belzer Middle School
- Lawrence Central High School
Directions
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Interactive Map
Floor Plans
Map & Directions
Driving Directions
Take I-465 to N Pendleton Pike 3.5 Miles. Turn right onto N. Post Rd and then Turn Left onto E 46th St. Continue on E 46th St. past Mitthoefer Rd. and on your left you will arrive at Silver Stream by Arbor Homes- Jasper Ridge Blvd. and E. 46th St.
Virtual Tour
Mortgage Calculator
Estimated Payment:
$1,581.09/mo
Results received form this calculator are NOT a loan offer and are only an estimated payment based off of principal and interest only. Additional fees such as HOA dues and property taxes are not included in calculations. Arbor Homes, the seller, is not a lender and does not offer financing and is not responsible for any errors, omissions, or misrepresentations. Actual available loans depend on a number of factors, including lender and loan type. The above calculator and any related information provided are an example of mortgage payments calculated for comparative and educational purposes only. The results generated cannot be used to determine loan terms, costs or pre-qualify for any actual mortgage loan program. The sample results above may not be available to you for financing purposes, or take into account all loan options and important considerations for home buying and financing decisions. View Terms and Privacy Policy.
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All trademarks are the property of their respective owners.
ALL LOANS ARE SUBJECT TO CREDIT APPROVAL.
*Contact your Arbor Homes sales manager for a list of eligible homes. Contracts written on or after 07/22/2025. Loan must close before 11/22/2025. All terms and conditions subject to credit approval, market conditions and availability. Silverton Mortgage has locked in a fixed interest rate for a pool of funds. Rates only available until pool of funds is depleted or rate expires.
**Example of 75% LTV (25% Cash Down) 7/6 ARM Loan Program with $400,000.00 sales price. $300,000.00 loan amount - 7-yr adjustable rate loan (30-year term) with zero points based on 360 monthly payments. 25% cash down payment of $100,000.00 required. Example includes $1,495.00 origination fee, 5.539% APR, and 3.875% interest rate as of 07/21/2025. Initial monthly payment will be $1,410.71.00 (principal and interest only). After the initial fixed rate period and subject to the interest rate adjustment caps, the maximum first adjusted rate for this example will never be more than 8.875% with a first adjustment maximum payment of $2,386.93 (principal and interest only). The maximum lifetime rate will never be more than 8.875% with an estimated maximum monthly payment (principal and interest only) of $2,386.93. Monthly payments do not include required mortgage insurance, taxes, insurance premiums or other applicable escrows. Actual payment amount will be higher. Your interest rate and payment may increase with the first or any subsequent adjustment. This example assumes the Treasury index will be used throughout the life of the loan and will not change. Fees, other charges, and terms subject to change. Available loan programs and terms will vary by state.
Vanderbilt Mortgage and Finance, Inc., dba Silverton Mortgage, 1201 Peachtree St NE, Ste 2050, Atlanta, GA 30361, 404-815-0291, NMLS 1561, (http://www.nmlsconsumeraccess.org/), AZ Lic. #BK-0902616, Licensed by the Department of Financial Protection and Innovation under the California Residential Mortgage Lending Act license, Licensed by the N.J. Department of Banking and Insurance, Licensed by PA Dept. of Banking and Securities, Rhode Island Licensed Lender. Licensing information: https://silvertonmortgage.com/licensing/. All information is believed accurate and subject to change without notice. 07/2025