NOT LISTED FOR SALE

10520 Rainbow Ln Indianapolis, IN 46236

Estimated Value: $237,000 - $327,000

3 Beds
2 Baths
2,400 Sq Ft
$119/Sq Ft Est. Value

Last Sold August 21, 2013

Last sale price $135,000 $56 Per Sq Ft

Est. 112% increase in value since last sale

Current estimated payment $1,627/month

Highlights

  • 1.64 Acre Lot
  • 2 Car Detached Garage
  • Patio
  • 2 Fireplaces
  • Porch
  • 1-Story Property

About This Home

As of August 2013

A "must see inside" 3BR 2 full BA with full finished basement on 1.63 acres with too many updates to mention. All new kitchen with ceramic tile, 2 new baths with ceramic tile, new all electic furnace and heat pump AC, new windows, mostly all electic system, new lights, receptacles, new carpet, refinished hardwood floors, plumbing, and new water heater. New garage doors, new sliding door on mini barn, added attic insulation, new drywall, and insulation in finished basement and much more! 2 fireplaces, lots of closets and storage. Screened porch. Fire pit.

Last Agent to Sell the Property

MEIAR NonMember

NonMember MEIAR Listed on: 08/21/2013

Last Buyer's Agent

Rebekah Hanna

NextHome Elite Real Estate

NextHome Elite Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,074

Year Built

  • Built in 1946

Lot Details

  • 1.64 Acre Lot
  • Lot Dimensions are 290x246
  • Level Lot

Parking

  • 2 Car Detached Garage

Home Design

  • Shingle Roof
  • Vinyl Construction Material

Interior Spaces

  • 1-Story Property
  • 2 Fireplaces
  • Insulated Windows
  • Disposal
  • Basement

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Patio
  • Porch

Utilities

  • Forced Air Heating System
  • Heat Pump System

Listing and Financial Details

  • Assessor Parcel Number 490129120005000407

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,074

Year Built

Built in 1946

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1946
  • Age: 68
  • Style: One Story
  • Total Number of Rooms: 10
  • Bedrooms: 3
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: Rainbow Highlands 1st Sec
  • Parcel Number ID: 490129120005000407
  • Platted: Yes
  • Amenities: Disposal, Patio Open, Porch Open
  • Special Features: None

Interior Features

  • Total Sq Ft: 1200
  • Total Finished Sq Ft: 2400
  • Above Grade Finished Sq Ft: 1200
  • Below Grade Finished Sq Ft: 1200
  • Price Per Sq Ft: 112.5
  • Basement: Yes
  • Number Of Fireplaces: 2
  • Fireplace: Two
  • Living Great Room: Dimensions: 12x17, On Level: Main
  • Kitchen: Dimensions: 9x17, On Level: Main
  • Family Room: Dimensions: 14x20, On Level: Basement
  • Den: On Level: Main
  • Bedroom 1: Dimensions: 12x20, On Level: Main
  • Bedroom 2: Dimensions: 11x14, On Level: Main
  • Bedroom 3: Dimensions: 10x12, On Level: Basement
  • Other Room1: Dimensions: 9x11, On Level: Basement
  • Other Room 2: Dimensions: 9x12
  • Total Below Grade Sq Ft: 1200

Exterior Features

  • Exterior: Vinyl
  • Roof Material: Shingle
  • Outbuilding1: None

Garage/Parking

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

Utilities

  • Cooling: Heat Pump
  • Heating Fuel: Electric, Forced Air
  • Sewer: City
  • Water Utilities: City
  • Laundry: Dimensions: 7xMain, On Level: 15

Schools

  • Elementary School: Lawrence Township
  • Middle School: Fall Creek Valley
  • High School: Lawrence

Lot Info

  • Lot Description: Level
  • Lot Dimensions: 290x246
  • Estimated Lot Sq Ft: 71438
  • Estimated Lot Size Acres: 1.64

Green Features

  • Energy Efficient Windows/Doors: Insulated Glass Windows

Tax Info

  • Annual Taxes: 1074
  • Total Assessed Value: 112300
  • Exemptions: Homestead, Mortgage

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 21, 2013
Closed on
Aug 16, 2013
Sold by
Hodges Philip
Bought by
Vasquez Pabel D and Vasquez Cristina
Seller's Agent
MEIAR NonMember
NonMember MEIAR
Buyer's Agent
Rebekah Hanna
NextHome Elite Real Estate
List Price
$139,900
Sold Price
$135,000
Premium/Discount to List
-$4,900
-3.5%
Current Estimated Value
$286,313

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$151,313
Avg. Annual Appreciation
6.38%

Purchase Details

Listed on
Sep 17, 2012
Closed on
Apr 18, 2013
Sold by
Indy Homes Llc
Bought by
Hodges Philip
Seller's Agent
Jennifer Wilmoth
Wilmoth Group
Buyer's Agent
Sussan O'Brien
Indianapolis Brokerage Firm
List Price
$41,533
Sold Price
$41,533

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2801.93%

Purchase Details

Listed on
Sep 17, 2012
Closed on
Apr 10, 2013
Sold by
Housing And Urban Development
Bought by
Indy Homes Llc
Seller's Agent
Jennifer Wilmoth
Wilmoth Group
Buyer's Agent
Sussan O'Brien
Indianapolis Brokerage Firm
List Price
$41,533
Sold Price
$41,533

Purchase Details

Listed on
Sep 17, 2012
Closed on
Apr 3, 2013
Sold by
The Secretary Of Hud
Bought by
Indy Homes Llc
Seller's Agent
Jennifer Wilmoth
Wilmoth Group
Buyer's Agent
Sussan O'Brien
Indianapolis Brokerage Firm
List Price
$41,533
Sold Price
$41,533

Purchase Details

Closed on
Apr 16, 2012
Sold by
Wells Fargo Bank Na
Bought by
The Secretary Of Housing & Urban Develop

Purchase Details

Closed on
Jan 18, 2012
Sold by
Secretary Of Housing & Urban Development
Bought by
Wells Fargo Bank Na

Purchase Details

Closed on
Sep 1, 2011
Sold by
Wells Fargo Bank N A
Bought by
The Secretary Of Housing & Urban Develop

Purchase Details

Closed on
Aug 3, 2011
Sold by
Edmonds Sonja Renee
Bought by
Wells Fargo Bank N A

Purchase Details

Closed on
Sep 14, 2007
Sold by
Trittipo James C and Jean Trittipo Trust
Bought by
Trittipo James C
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
Vasquez Pabel D $135,000 --
Hodges Philip -- --
Indy Homes Llc -- --
Indy Homes Llc $41,500 --
The Secretary Of Housing & Urban Develop -- None Available
Wells Fargo Bank Na -- None Available
The Secretary Of Housing & Urban Develop -- None Available
Wells Fargo Bank N A $89,292 None Available
Trittipo James C -- None Available
Trittipo James C -- None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/21/2013 08/21/13 Sold $135,000 -3.5% $56 / Sq Ft
08/21/2013 08/21/13 For Sale $139,900 +3.6% $58 / Sq Ft
08/19/2013 08/19/13 Sold $135,000 -3.5% $56 / Sq Ft View Prior Sale
08/16/2013 08/16/13 Pending -- -- --
07/17/2013 07/17/13 Pending -- -- --
07/10/2013 07/10/13 For Sale $139,900 +236.8% $58 / Sq Ft
04/15/2013 04/15/13 Sold $41,533 0.0% $17 / Sq Ft View Prior Sale
03/01/2013 03/01/13 Pending -- -- --
09/17/2012 09/17/12 For Sale $41,533 -- $17 / 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 $1,312 $124,600 $16,200 $108,400
2023 $1,312 $124,600 $16,200 $108,400
2022 $1,367 $124,600 $16,200 $108,400
2021 $1,552 $125,000 $26,000 $99,000
2020 $1,503 $125,000 $26,000 $99,000
2019 $1,352 $125,000 $26,000 $99,000
2018 $1,430 $123,100 $26,000 $97,100
2017 $1,429 $121,800 $26,000 $95,800
2016 $1,242 $116,900 $26,000 $90,900
2014 $1,125 $113,900 $26,000 $87,900
2013 $1,047 $113,900 $26,000 $87,900
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2013

    MEIAR NonMember

    NonMember MEIAR

  • Dale Hammond

    Seller's Agent in 2013

    Dale Hammond

    Carpenter, REALTORS®

    (317) 626-9300

    4 in this area

    122 Total Sales

    Dale Hammond
    Section Image
  • Jennifer Wilmoth

    Seller's Agent in 2013

    Jennifer Wilmoth

    Wilmoth Group

    (239) 233-4586

    2 in this area

    138 Total Sales

    Jennifer Wilmoth
    Section Image
  • Rebekah Hanna

    Buyer's Agent in 2013

    Rebekah Hanna

    NextHome Elite Real Estate

    (765) 760-4556

    396 Total Sales

    Rebekah Hanna
    Section Image

  • S

    Buyer's Agent in 2013

    Sussan O'Brien

    Indianapolis Brokerage Firm

See All Agents

Map

Source: Indiana Regional MLS

MLS Number: 20062063

Indiana Regional MLS

APN: 49-01-29-120-005.000-407

Indiana Marion County Indianapolis 46236

10520 Rainbow Ln, Indianapolis, IN

This home is located at 10520 Rainbow Ln, Indianapolis, IN 46236 since 21 August 2013 and is currently estimated at $286,313, approximately $119 per square foot. This property was built in 1946. 10520 Rainbow Ln is a home located in Marion County with nearby schools including Sunnyside Elementary School, Fall Creek Valley Middle School, and Lawrence North 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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