P
Seller's Agent in 2022
Pam Gerstbauer
Cressy & Everett- Elkhart
1617 Rainbow Bend Blvd Elkhart, IN 46514
McNaughton NeighborhoodEstimated Value: $314,000 - $390,298
4
Beds
2.5
Baths
2,536
Sq Ft
$134/Sq Ft
Est. Value
Highlights
- 123 Feet of Waterfront
- Traditional Architecture
- Balcony
- 0.67 Acre Lot
- Wood Flooring
- 2 Car Attached Garage
About This Home
As of April 2022Motivated Sellers! FULLY PAID FOR BUYERS INSPECTION AND WILL PAY FOR A PROFESSIONAL CLEANING SERVICE TO CLEAN THE HOME BEFORE BUYERS MOVE IN. This one-of-a-kind classic riverfront home is one you don't want to miss out on. No need for flood insurance since the house has a drop off to the water. This is a double lot with 123 ft. of river frontage out back, 2,500 sf of living space, plenty of room for a growing family! As you enter the home, you walk into the Living Room with a gas burning fireplace and original hardwood flooring. In the kitchen, Corian countertops, under counter lighting, pantry, and so much more. There's also a spacious Family Room on the main level overlooking the backyard and enclosed Sunporch. On the Upper Level you'll find 4 bedrooms, the Master bedroom is complimented by a lovely Master Bath and walk-in closet that's 7 x 10. The real bonus is the walk-out from the Master bedroom to your own private balcony/deck overlooking the river. The remaining 3 bedrooms feature large closets and hardwood floors Full bath off hallway completes the upper level. Full basement as well, fenced backyard and a separate fenced in dog run. Walking distance to Elkhart General Hospital and McNaughton Park. There is already an inspection report included at no cost to your buyers. Home is being sold "as is" please refer to agent remarks.
Last Agent to Sell the Property
Pam Gerstbauer
Cressy & Everett- Elkhart Listed on: 03/08/2022
Co-Listed By
Ann Gerstbauer
Cressy & Everett- Elkhart
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $4,478
Year Built
- Built in 1927
Lot Details
- 0.67 Acre Lot
- 123 Feet of Waterfront
- Property has an invisible fence for dogs
- Chain Link Fence
Parking
- 2 Car Attached Garage
- Garage Door Opener
- Driveway
Home Design
- Traditional Architecture
- Shingle Roof
- Block Exterior
Interior Spaces
- 2-Story Property
- Built-in Bookshelves
- Ceiling height of 9 feet or more
- Living Room with Fireplace
- Wood Flooring
- Water Views
Bedrooms and Bathrooms
- 4 Bedrooms
- Walk-In Closet
Unfinished Basement
- Sump Pump
- Block Basement Construction
Outdoor Features
- Sun Deck
- Balcony
Location
- Suburban Location
Schools
- Mary Daly Elementary School
- West Side Middle School
- Elkhart High School
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Gas
- The river is a source of water for the property
Community Details
- Rivermont Subdivision
Listing and Financial Details
- Assessor Parcel Number 20-06-07-103-020.000-012
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 8, 2022
Closed on
Apr 15, 2022
Sold by
Belanger Amber and Belanger Kyle
Bought by
Weber Heather J
Seller's Agent
Pam Gerstbauer
Cressy & Everett- Elkhart
Buyer's Agent
Penny Seegers
eXp Realty, LLC
List Price
$318,000
Sold Price
$326,700
Premium/Discount to List
$8,700
2.74%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$13,875
Avg. Annual Appreciation
1.21%
Original Mortgage
$195,000
Outstanding Balance
$182,527
Interest Rate
3.76%
Mortgage Type
New Conventional
Estimated Equity
$158,048
Purchase Details
Listed on
Jun 27, 2019
Closed on
Oct 19, 2019
Sold by
Aspiz Ira and Funk Cameron
Bought by
Belanger Amber and Belanger Kyle
Seller's Agent
Sharon McDonald
RE/MAX 100
Buyer's Agent
Sharon McDonald
RE/MAX 100
List Price
$294,900
Sold Price
$256,000
Premium/Discount to List
-$38,900
-13.19%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.33%
Original Mortgage
$256,000
Interest Rate
3.5%
Mortgage Type
VA
Purchase Details
Closed on
Jan 2, 2019
Sold by
Aspiz Ira
Bought by
Aspiz Ira and Funk Cameron
Purchase Details
Closed on
Sep 28, 2018
Sold by
Matt Buys Indiana Houses Llc
Bought by
Aspiz Ira
Purchase Details
Closed on
Sep 24, 2018
Sold by
Smith Dean R and Smith Nancy R
Bought by
Matt Buys Indiana Houses Llc
Purchase Details
Closed on
Sep 7, 2018
Sold by
Matt Buys Indiana Houses Llc
Bought by
Aspiz Ira
Purchase Details
Closed on
Jul 28, 2018
Sold by
Coleman James R and Coleman Eva C
Bought by
Smith Dean R and Smith Nancy R
Purchase Details
Closed on
Jun 3, 2011
Sold by
Smith Dean R and Smith Nancy R
Bought by
Rowe Marquis
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
4.8%
Mortgage Type
Seller Take Back
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Weber Heather J | -- | None Listed On Document | |
| Belanger Amber | -- | Metropolitan Title | |
| Aspiz Ira | -- | Hamilton National Title Llc | |
| Aspiz Ira | -- | Hamilton National Title | |
| Matt Buys Indiana Houses Llc | -- | Hamilton National Title | |
| Aspiz Ira | -- | Hamilton National Title | |
| Matt Buys Indiana Houses Llc | -- | Hamilton National Title | |
| Smith Dean R | -- | None Available | |
| Rowe Marquis | $130,000 | Lawyers Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Weber Heather J | $195,000 | |
| Previous Owner | Belanger Amber | $256,000 | |
| Previous Owner | Rowe Marquis | $100,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/15/2022 04/15/22 | Sold | $326,700 | +2.7% | $129 / Sq Ft |
| 03/13/2022 03/13/22 | Pending | -- | -- | -- |
| 03/08/2022 03/08/22 | For Sale | $318,000 | +24.2% | $125 / Sq Ft |
| 10/22/2019 10/22/19 | Sold | $256,000 | -5.0% | $87 / Sq Ft |
| 09/05/2019 09/05/19 | Pending | -- | -- | -- |
| 08/21/2019 08/21/19 | Price Changed | $269,500 | -2.9% | $91 / Sq Ft |
| 08/07/2019 08/07/19 | Price Changed | $277,500 | -2.5% | $94 / Sq Ft |
| 07/29/2019 07/29/19 | Price Changed | $284,500 | -3.5% | $96 / Sq Ft |
| 06/27/2019 06/27/19 | For Sale | $294,900 | -- | $100 / Sq Ft |
Source: Indiana Regional MLS
Tax History Compared to Growth
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 | $3,458 | $340,100 | $28,400 | $311,700 |
| 2022 | $2,728 | $229,700 | $12,500 | $217,200 |
| 2021 | $4,294 | $211,000 | $12,500 | $198,500 |
| 2020 | $4,478 | $206,700 | $12,500 | $194,200 |
| 2019 | $3,840 | $177,000 | $12,500 | $164,500 |
| 2018 | $3,680 | $168,400 | $12,500 | $155,900 |
| 2017 | $1,817 | $163,200 | $12,500 | $150,700 |
| 2016 | $1,815 | $163,400 | $12,500 | $150,900 |
| 2014 | $1,699 | $157,800 | $12,500 | $145,300 |
| 2013 | $1,561 | $153,700 | $12,500 | $141,200 |
Source: Public Records
Agents Affiliated with this Home
-
-
A
Seller Co-Listing Agent in 2022
Ann Gerstbauer
Cressy & Everett- Elkhart
-
Penny Seegers
Buyer's Agent in 2022
Penny Seegers
eXp Realty, LLC
(574) 849-7076
2 in this area
170 Total Sales
-
Sharon McDonald
S
Seller's Agent in 2019
Sharon McDonald
RE/MAX
117 Total Sales
Map
Source: Indiana Regional MLS
MLS Number: 202207569
APN: 20-06-07-103-020.000-012
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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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