NOT LISTED FOR SALE

1047 Rainbow Dr Lafayette, IN 47904

Elmwood Neighborhood

Estimated Value: $165,417 - $197,000

2 Beds
2 Baths
944 Sq Ft
$190/Sq Ft Est. Value

Last Sold April 10, 2013

Last sale price $69,525 $74 Per Sq Ft

Est. 158% increase in value since last sale

Current estimated payment $1,113/month

30 Days on Market

Highlights

  • Ranch Style House
  • Wood Flooring
  • Screened Porch
  • Partially Wooded Lot
  • Corner Lot
  • 2 Car Attached Garage

About This Home

As of April 2013

Clean house in quiet neighborhood on full basement. Newer roof & HVAC. 4-season room.

Last Agent to Sell the Property

BECKY RISCH

Keller Williams Lafayette Listed on: 02/19/2013

Keller Williams Lafayette

Last Buyer's Agent

Jay Benner

Epique Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,488

Year Built

  • Built in 1949

Lot Details

  • 5,968 Sq Ft Lot
  • Lot Dimensions are 120x50
  • Property is Fully Fenced
  • Corner Lot
  • Level Lot
  • Partially Wooded Lot

Home Design

  • Ranch Style House
  • Vinyl Construction Material

Interior Spaces

  • 944 Sq Ft Home
  • Woodwork
  • Ceiling Fan
  • Screened Porch
  • Wood Flooring
  • Fire and Smoke Detector
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Block Basement Construction
  • 1 Bathroom in Basement

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Outdoor Features

  • Patio
  • Shed

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 79-07-21-229-001.000-004

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,488

Year Built

Built in 1949

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1949
  • Age: 64
  • Style: One Story
  • Architectural Style: Ranch
  • Total Number of Rooms: 4
  • Bedrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: Rainbow Ridge Addn Lot 15
  • Parcel Number ID: 79-07-21-229-001.000-004
  • Amenities: Cable Ready, Ceiling Fan(s), Detector-Smoke, Disposal, Garage Door Opener, Natural Woodwork, Patio Open, Porch Screened
  • Sp Lp Percent: 100.76
  • Special Features: None

Interior Features

  • Total Finished Sq Ft: 944
  • Above Grade Finished Sq Ft: 944
  • Price Per Sq Ft: 73.65
  • Basement Foundation: Full Basement, Unfinished
  • Basement Material: Block
  • Flooring: Hardwood Floors
  • Living Great Room: Dimensions: 10x20, On Level: Main
  • Kitchen: Dimensions: 16x12, On Level: Main
  • Bedroom 1: Dimensions: 12x9, On Level: Main
  • Bedroom 2: Dimensions: 9x10, On Level: Main
  • Number Below Grade Bathrooms: 1
  • Total Below Grade Sq Ft: 944

Exterior Features

  • Exterior: Vinyl
  • Outbuilding1: Shed
  • Fence: Full

Garage/Parking

  • Garage Type: Attached
  • Garage Number Of Cars: 2

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas, Forced Air
  • Sewer: City
  • Water Utilities: City

Schools

  • Elementary School: Vinton
  • High School: Jefferson

Lot Info

  • Lot Description: Corner, Level, Partially Wooded
  • Lot Dimensions: 120x50
  • Estimated Lot Sq Ft: 5968
  • Estimated Lot Size Acres: 0.137
  • Zoning: R1 - Single Family Residential

Tax Info

  • Annual Taxes: 1488
  • Total Assessed Value: 74200

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 27, 2022
Sold by
Tyler Wade
Bought by
Wade Courtney Jo
Total Days on Market
30
Current Estimated Value
$179,604

Purchase Details

Listed on
Feb 19, 2013
Closed on
Apr 10, 2013
Sold by
Terry Welton R and Terry Roxie Helen
Bought by
Wade Tyler and Wade Joann L
Seller's Agent
BECKY RISCH
Keller Williams Lafayette
Buyer's Agent
Jay Benner
Epique Inc.
List Price
$69,000
Sold Price
$69,525
Premium/Discount to List
$525
0.76%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.37%

Purchase Details

Closed on
Aug 11, 2009
Sold by
Terry Wilkie L and Terry Welton R
Bought by
Terry Welton R and Terry Roxie Helen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$42,800
Interest Rate
5.36%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 13, 2002
Sold by
Terry Jackie R
Bought by
Terry Wilkie L and Terry Welton R

Purchase Details

Closed on
Feb 28, 2002
Sold by
Terry Edmond M
Bought by
Terry Jackie R

Purchase Details

Closed on
Jan 16, 2002
Sold by
Terry Wilkie L
Bought by
Terry Wilkie L and Terry Jackie R
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Wade Courtney Jo -- None Listed On Document
Wade Tyler -- --
Terry Welton R -- None Available
Terry Wilkie L -- --
Terry Jackie R -- --
Terry Wilkie L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Terry Welton R $42,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/10/2013 04/10/13 Sold $69,525 +0.8% $74 / Sq Ft
03/21/2013 03/21/13 Pending -- -- --
02/19/2013 02/19/13 For Sale $69,000 -- $73 / Sq Ft
Source: Indiana Regional MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $1,699 $84,800 $13,000 $71,800
2023 $1,587 $79,200 $13,000 $66,200
2022 $426 $68,200 $13,000 $55,200
2021 $393 $60,700 $13,000 $47,700
2020 $351 $55,400 $13,000 $42,400
2019 $366 $58,500 $12,000 $46,500
2018 $355 $56,400 $12,000 $44,400
2017 $342 $55,100 $12,000 $43,100
2016 $323 $53,300 $12,000 $41,300
2014 $292 $48,900 $12,000 $36,900
2013 $286 $48,500 $12,000 $36,500
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2013

    BECKY RISCH

    Keller Williams Lafayette

    Section Image
  • Jay Benner

    Buyer's Agent in 2013

    Jay Benner

    Epique Inc.

    (765) 426-8884

    1 in this area

    93 Total Sales

    Jay Benner
    Section Image
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Map

Source: Indiana Regional MLS

MLS Number: 314607

Indiana Regional MLS

APN: 79-07-21-229-001.000-004

Indiana Tippecanoe County Lafayette 47904 Elmwood

1047 Rainbow Dr, Lafayette, IN

This home is located at 1047 Rainbow Dr, Lafayette, IN 47904 since 19 February 2013 and is currently estimated at $179,604, approximately $190 per square foot. This property was built in 1949. 1047 Rainbow Dr is a home located in Tippecanoe County with nearby schools including Vinton Elementary School, Sunnyside Intermediate School, and Lafayette Tecumseh Junior High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Indiana Regional MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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