NOT LISTED FOR SALE

1517 Rainbow Dr Evansville, IN 47712

Estimated Value: $248,713 - $266,000

3 Beds
2 Baths
1,311 Sq Ft
$194/Sq Ft Est. Value

Last Sold June 24, 2022

Last sale price $217,000 $166 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $1,515/month

2 Days on Market

Highlights

  • 2.5 Car Attached Garage
  • 1-Story Property
  • Central Air
  • Perry Heights Middle School Rated 9+

About This Home

As of June 2022

Have you been searching for your pot of gold at the end of the rainbow? Then search no more! Just off the meadow is this darling home on Evansville’s West Side. This 3 bed 2 bath one level home is tucked away towards the back of the neighborhood. The peaceful fenced in backyard backs up to a mature tree forest. There is a covered porch perfect for summer evenings. Updated with new light fixtures and freshly painted doors the home has been well taken care of. The laundry is conveniently located in the hallway amidst the nice sized bedrooms. The master has its own ensuite beautifully updated bathroom. There’s no place like this home for you so click your heels and go see it today! Seller is including a 2-10 warranty for buyer's peace of mind.

Last Agent to Sell the Property

William Ritter

@properties Listed on: 05/20/2022

@properties

Last Buyer's Agent

Trae Dauby

Dauby Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,462

Year Built

  • Built in 1994

Lot Details

  • 10,585 Sq Ft Lot
  • Lot Dimensions are 81 x 131
  • Irregular Lot

Parking

  • 2.5 Car Attached Garage

Home Design

  • Brick Exterior Construction
  • Vinyl Construction Material

Interior Spaces

  • 1,311 Sq Ft Home
  • 1-Story Property
  • Crawl Space

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Schools

  • Daniel Wertz Elementary School
  • Helfrich Middle School
  • Francis Joseph Reitz High School

Utilities

  • Central Air
  • Heating System Uses Gas

Listing and Financial Details

  • Assessor Parcel Number 82-05-33-007-418.008-024

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,462

Year Built

Built in 1994

Lot Details

0

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1994
  • Age: 28
  • Style: One Story
  • Total Number of Rooms: 6
  • Bedrooms: 3
  • Number Above Grade Bedrooms: 3
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: BOLINS MEADOW WEST SUB SEC C LOT 45
  • Parcel Number ID: 82-05-33-007-418.008-024
  • Platted: Yes
  • Sp Lp Percent: 100
  • Year Taxes Payable: 2022
  • Special Features: None
  • Stories: 1

Interior Features

  • Total Sq Ft: 1311
  • Total Finished Sq Ft: 1311
  • Above Grade Finished Sq Ft: 1311
  • Price Per Sq Ft: 165.52
  • Basement Foundation: Crawl
  • Living Great Room: Dimensions: 15x14, On Level: Main
  • Kitchen: Dimensions: 15x10, On Level: Main
  • Dining Room: Dimensions: 12x8, On Level: Main
  • Bedroom 1: Dimensions: 15x11, On Level: Main
  • Bedroom 2: Dimensions: 11x11, On Level: Main
  • Bedroom 3: Dimensions: 11x10, On Level: Main
  • Number of Main Level Full Bathrooms: 2

Exterior Features

  • Exterior: Brick, Vinyl
  • Outbuilding1: None

Garage/Parking

  • Garage Type: Attached
  • Garage Number Of Cars: 2.5
  • Garage Size: Dimensions: 21x21
  • Garage Sq Ft: 441
  • Garage: Yes

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas
  • Sewer: Public
  • Water Utilities: Public

Schools

  • School District: Evansville-Vanderburgh School Corp.
  • Elementary School: Daniel Wertz
  • Middle School: Helfrich
  • High School: Francis Joseph Reitz
  • Elementary School: Daniel Wertz

Lot Info

  • Lot Description: Irregular
  • Lot Dimensions: 81 x 131
  • Estimated Lot Sq Ft: 10585
  • Estimated Lot Size Acres: 0.243

Tax Info

  • Annual Taxes: 1461.9

MLS Schools

  • High School: Francis Joseph Reitz
  • Middle School: Helfrich
  • School District: Evansville-Vanderburgh School Corp.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 20, 2022
Closed on
Jun 24, 2022
Sold by
Rachel Hyatt
Bought by
Willis Kyle Avery and Willis Keisha Gwen
Seller's Agent
William Ritter
@properties
Buyer's Agent
Trae Dauby
Dauby Real Estate
List Price
$217,000
Sold Price
$217,000
Current Estimated Value
$253,928

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$36,928
Avg. Annual Appreciation
4.83%
Original Mortgage
$210,490
Outstanding Balance
$200,247
Interest Rate
5.25%
Mortgage Type
New Conventional
Estimated Equity
$53,681

Purchase Details

Listed on
Oct 11, 2019
Closed on
Nov 26, 2019
Sold by
Schmitzer David C and Campbell Kelly P
Bought by
Fitzwater Rachel
Seller's Agent
Judy Fleming
ERA FIRST ADVANTAGE REALTY, INC
Buyer's Agent
Laura Carmack
KELLER WILLIAMS CAPITAL REALTY
List Price
$169,900
Sold Price
$167,500
Premium/Discount to List
-$2,400
-1.41%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.56%
Original Mortgage
$134,000
Interest Rate
3.75%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 2, 2017
Closed on
Apr 20, 2018
Sold by
Allen Laura Elizabeth
Bought by
Schmizer David C and Campbell Kelly P
Seller's Agent
Troy Tornatta
Hahn Kiefer Real Estate Services
Buyer's Agent
Judy Fleming
ERA FIRST ADVANTAGE REALTY, INC
List Price
$159,000
Sold Price
$150,500
Premium/Discount to List
-$8,500
-5.35%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.87%
Original Mortgage
$147,773
Interest Rate
4.5%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 3, 2017
Sold by
Gill Dante
Bought by
Allen Laura

Purchase Details

Closed on
Oct 23, 2015
Sold by
Willis Joint Trust
Bought by
Allen Laura and Gill Dante

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$139,428
Interest Rate
3.87%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
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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
Willis Kyle Avery -- Carl Christopher E
Fitzwater Rachel -- Total Title Services Llc
Schmizer David C -- None Available
Allen Laura -- None Available
Allen Laura -- Clear Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Willis Kyle Avery $210,490
Previous Owner Fitzwater Rachel $134,000
Previous Owner Schmizer David C $147,773
Previous Owner Allen Laura $139,428
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/24/2022 06/24/22 Sold $217,000 0.0% $166 / Sq Ft
05/22/2022 05/22/22 Pending -- -- --
05/20/2022 05/20/22 For Sale $217,000 +29.6% $166 / Sq Ft
11/26/2019 11/26/19 Sold $167,500 -0.6% $128 / Sq Ft View Prior Sale
10/27/2019 10/27/19 Pending -- -- --
10/24/2019 10/24/19 Price Changed $168,500 -0.8% $129 / Sq Ft
10/11/2019 10/11/19 For Sale $169,900 +12.9% $130 / Sq Ft
04/19/2018 04/19/18 Sold $150,500 -5.3% $115 / Sq Ft View Prior Sale
03/20/2018 03/20/18 Pending -- -- --
11/02/2017 11/02/17 For Sale $159,000 -- $121 / 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 $2,070 $213,000 $22,700 $190,300
2023 $1,954 $207,400 $22,700 $184,700
2022 $1,520 $163,900 $22,700 $141,200
2021 $1,456 $151,200 $22,700 $128,500
2020 $1,398 $151,200 $22,700 $128,500
2019 $1,436 $154,600 $22,700 $131,900
2018 $1,185 $133,100 $22,700 $110,400
2017 $1,149 $130,900 $22,700 $108,200
2016 $1,120 $131,200 $22,700 $108,500
2014 $859 $130,700 $22,700 $108,000
2013 -- $134,600 $22,700 $111,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202219342

Indiana Regional MLS

APN: 82-05-33-007-418.008-024