NOT LISTED FOR SALE

1637 Rainbow Bend Blvd Elkhart, IN 46514

McNaughton Neighborhood

Estimated Value: $257,000 - $316,670

4 Beds
3 Baths
2,344 Sq Ft
$122/Sq Ft Est. Value

Last Sold November 06, 2023

Last sale price $290,000 $124 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $1,661/month

3 Days on Market

Highlights

  • 81 Feet of Waterfront
  • Traditional Architecture
  • Stone Countertops
  • Primary Bedroom Suite
  • Wood Flooring
  • Formal Dining Room

About This Home

As of November 2023

This riverfront home is located on the Lower St. Joseph River with peaceful views & 81' of river frontage! This 4 bedroom/3 bath home offers lots of space for your family! Main floor living room with dental molding & fireplace! Updated kitchen with granite countertops, newer gas range & dishwasher. Bar seating is open to the breakfast nook and great lounge space! First floor bedroom & bathroom combo! Master ensuite has an updated full bath with walk-in tile shower & laundry. 2nd full guest bath in the hallway! Upstairs are 3 more bedrooms and the 3rd full bath! Hardwood flooring throughout much of the home! Perfect basement for workshop & storage. Outside entertaining at its best with maintenance free decking off the rear of the home and also at the river's edge. Unbelievable views! 24x12 three season room with hot tub. 2 car attached garage and beautifully landscaped with irrigation system. Make 1637 Rainbow Bend Blvd your next home!

Last Agent to Sell the Property

Mary Dale

Coldwell Banker Real Estate Group Brokerage Phone: 574-221-9091 Listed on: 09/21/2023

Coldwell Banker Real Estate Group

Last Buyer's Agent

Teresa Brown

JMG Indiana

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,758

Year Built

  • Built in 1943

Lot Details

  • 0.38 Acre Lot
  • Lot Dimensions are 87x189
  • 81 Feet of Waterfront
  • River Front
  • Landscaped
  • Level Lot
  • Irrigation

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Driveway
  • Off-Street Parking

Home Design

  • Traditional Architecture
  • Shingle Roof
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 2-Story Property
  • Ceiling Fan
  • Skylights
  • Entrance Foyer
  • Living Room with Fireplace
  • Formal Dining Room
  • Water Views
  • Fire and Smoke Detector

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Gas Oven or Range
  • Stone Countertops
  • Disposal

Flooring

  • Wood
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom Suite
  • Bathtub with Shower
  • Separate Shower

Laundry

  • Laundry on main level
  • Washer and Electric Dryer Hookup

Unfinished Basement

  • Sump Pump
  • Block Basement Construction
  • Crawl Space

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

Listing and Financial Details

  • Assessor Parcel Number 20-06-07-103-015.000-012

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,758

Year Built

Built in 1943

Lot Details

0

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Waterfront: Yes
  • Year Built: 1943
  • Age: 80
  • Style: Two Story
  • Architectural Style: Traditional
  • Total Number of Rooms: 9
  • Bedrooms: 4
  • Number Above Grade Bedrooms: 4
  • Total Bathrooms: 3
  • Total Full Bathrooms: 3
  • Legal Description: RIVERMONT LOT 7 & W1/2 LOT 6
  • Parcel Number ID: 20-06-07-103-015.000-012
  • Platted: Yes
  • Amenities: Breakfast Bar, Ceiling Fan(s), Countertops-Stone, Deck Open, Detector-Smoke, Disposal, Dryer Hook Up Electric, Eat-In Kitchen, Foyer Entry, Garage Door Opener, Irrigation System, Landscaped, Range/Oven Hook Up Gas, Skylight(s), Stand Up Shower, Tub/Shower Combination, Main Level Bedroom Suite, Formal Dining Room, Main Floor Laundry, Sump Pump, Washer Hook-Up
  • Location: City/Town/Suburb
  • Sp Lp Percent: 105.45
  • Year Taxes Payable: 2022
  • Special Features: None
  • Stories: 2

Interior Features

  • Total Sq Ft: 3468
  • Total Finished Sq Ft: 2344
  • Above Grade Finished Sq Ft: 2344
  • Above Grade Unfinished Sq Ft: 288
  • Below Grade Sq Ft: 836
  • Price Per Sq Ft: 123.72
  • Basement: Yes
  • Basement Foundation: Crawl, Unfinished
  • Basement Material: Block
  • Number Of Fireplaces: 1
  • Fireplace: Living/Great Rm
  • Fireplace: Yes
  • Flooring: Hardwood Floors, Laminate, Tile
  • Living Great Room: Dimensions: 20x13, On Level: Main
  • Kitchen: Dimensions: 15x7, On Level: Main
  • Breakfast Room: Dimensions: 11x10, On Level: Main
  • Dining Room: Dimensions: 13x12, On Level: Main
  • Extra Room: Sunroom, Dimensions: 11x10, On Level: Main
  • Bedroom 1: Dimensions: 15x12, On Level: Main
  • Bedroom 2: Dimensions: 14x13, On Level: Upper
  • Bedroom 3: Dimensions: 10x10, On Level: Upper
  • Bedroom 4: Dimensions: 13x10, On Level: Upper
  • Other Room1: 3 SEASON, Dimensions: 24x12, On Level: Main
  • Number of Main Level Full Bathrooms: 2
  • Total Below Grade Sq Ft: 836

Exterior Features

  • Exterior: Vinyl
  • Roof Material: Asphalt, Shingle
  • Outbuilding1: Garden Shed, Dimensions: 8x6
  • Water Frontage: 81
  • Water Name: Saint Joseph River

Garage/Parking

  • Driveway: Concrete
  • Garage Type: Attached
  • Garage Number Of Cars: 2
  • Garage Size: Dimensions: 20x18
  • Garage Sq Ft: 360
  • Garage: Yes
  • Off Street Parking: Yes

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas, Forced Air
  • Sewer: City
  • Water Utilities: City
  • Electric Company: AEP/I&M
  • Gas Company: NIPSCO
  • Water Type: River

Schools

  • School District: Elkhart Community Schools
  • Elementary School: Mary Daly
  • Middle School: West Side
  • High School: Elkhart
  • Elementary School: Mary Daly

Lot Info

  • Lot Description: Level, Waterfront, 0-2.9999, Water View, Waterfront-High Bank
  • Lot Dimensions: 87X189
  • Estimated Lot Sq Ft: 16422
  • Estimated Lot Size Acres: 0.38
  • Lot Number: 76

Tax Info

  • Annual Taxes: 1758.38
  • Exemptions: Homestead, Mortgage

Multi Family

  • Water Access: Riverfront

MLS Schools

  • High School: Elkhart
  • Middle School: West Side
  • School District: Elkhart Community Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 21, 2023
Closed on
Nov 16, 2023
Sold by
Wert Terence and Wert Joyce
Bought by
Chin Ernesto
Seller's Agent
Mary Dale
Coldwell Banker Real Estate Group
Buyer's Agent
Teresa Brown
JMG Indiana
List Price
$275,000
Sold Price
$290,000
Premium/Discount to List
$15,000
5.45%
Views
87
Current Estimated Value
$285,668

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$4,332
Avg. Annual Appreciation
-0.79%
Original Mortgage
$275,500
Outstanding Balance
$270,918
Interest Rate
7.49%
Mortgage Type
New Conventional
Estimated Equity
$14,750

Purchase Details

Listed on
Sep 21, 2023
Closed on
Nov 3, 2023
Sold by
Wert Terence and Wert Joyce
Bought by
Chin Ernesto
Seller's Agent
Mary Dale
Coldwell Banker Real Estate Group
Buyer's Agent
Teresa Brown
JMG Indiana
List Price
$275,000
Sold Price
$290,000
Premium/Discount to List
$15,000
5.45%
Views
87

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$275,500
Outstanding Balance
$270,918
Interest Rate
7.49%
Mortgage Type
New Conventional
Estimated Equity
$14,750

Purchase Details

Listed on
Jun 3, 2013
Closed on
Jul 18, 2013
Sold by
Walsh Denise R
Bought by
Wert Terence and Wert Joyce
Seller's Agent
Julie Thatcher
Coldwell Banker Real Estate Group
Buyer's Agent
Anita Hildebrecht
RE/MAX 100 Realty
List Price
$204,000
Sold Price
$195,000
Premium/Discount to List
-$9,000
-4.41%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.92%
Original Mortgage
$156,000
Interest Rate
4.02%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Chin Ernesto $290,000 Metropolitan Title
Chin Ernesto -- Metropolitan Title
Wert Terence -- Meridian Title Corp
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chin Ernesto $275,500
Closed Chin Ernesto $275,500
Previous Owner Wert Terence $156,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/06/2023 11/06/23 Sold $290,000 +5.5% $124 / Sq Ft
09/24/2023 09/24/23 Pending -- -- --
09/24/2023 09/24/23 For Sale $275,000 0.0% $117 / Sq Ft
09/23/2023 09/23/23 Pending -- -- --
09/21/2023 09/21/23 For Sale $275,000 +41.0% $117 / Sq Ft
07/19/2013 07/19/13 Sold $195,000 -4.4% $83 / Sq Ft
06/22/2013 06/22/13 Pending -- -- --
06/03/2013 06/03/13 For Sale $204,000 -- $87 / 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 $1,755 $195,400 $22,900 $172,500
2022 $1,669 $170,800 $22,900 $147,900
2021 $1,623 $157,600 $22,900 $134,700
2020 $1,684 $154,800 $22,900 $131,900
2019 $1,450 $134,200 $22,900 $111,300
2018 $1,393 $128,300 $22,900 $105,400
2017 $1,372 $126,200 $22,900 $103,300
2016 $1,383 $127,400 $22,900 $104,500
2014 $1,283 $121,300 $15,100 $106,200
2013 $1,171 $116,300 $15,100 $101,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202334443

Indiana Regional MLS

APN: 20-06-07-103-015.000-012