NOT LISTED FOR SALE

1640 Rainbow Bend Blvd Elkhart, IN 46514

McNaughton Neighborhood

Estimated Value: $253,179 - $307,000

4 Beds
2.5 Baths
2,404 Sq Ft
$113/Sq Ft Est. Value

Last Sold March 29, 2016

Last sale price $160,000 $67 Per Sq Ft

Est. 70% increase in value since last sale

Current estimated payment $1,677/month

9 Days on Market

Highlights

  • Traditional Architecture
  • Corner Lot
  • Formal Dining Room
  • Wood Flooring
  • Walk-In Pantry
  • 2 Car Attached Garage

About This Home

As of March 2016

You will be amazed! Completely updated beautiful traditional home located in a peaceful neighborhood. New floor coverings, paint, etc. Updated kitchen cabinets and new counter top. All new kitchen appliances will stay. Efficient vinyl windows throughout. Main level laundry area. Gas log fireplace in the living room. Spacious master bedroom with three closets and full bath. Relax in the large family room or spend summer evenings in the enclosed patio. Fenced back yard with mature trees and patio area. A great place to call home!

Last Agent to Sell the Property

Steve Miller

RE/MAX Results-Goshen Listed on: 01/11/2016

RE/MAX Results-Goshen

Last Buyer's Agent

Marybeth Erichsen

Cressy & Everett - South Bend

Cressy & Everett - South Bend

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,109

Year Built

  • Built in 1938

Lot Details

  • 0.33 Acre Lot
  • Lot Dimensions are 118 x 123
  • Privacy Fence
  • Decorative Fence
  • Corner Lot
  • Irrigation

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Traditional Architecture
  • Shingle Roof

Interior Spaces

  • 2-Story Property
  • Gas Log Fireplace
  • Entrance Foyer
  • Formal Dining Room
  • Partially Finished Basement
  • Block Basement Construction
  • Attic Fan
  • Walk-In Pantry
  • Laundry on main level

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms

Schools

  • Mary Daly Elementary School
  • West Side Middle School
  • Elkhart Memorial High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas

Additional Features

  • Patio
  • Suburban Location

Listing and Financial Details

  • Assessor Parcel Number 20-06-07-102-002.000-012

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,109

Year Built

Built in 1938

Lot Details

0

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1938
  • Age: 78
  • Style: Two Story
  • Architectural Style: Traditional
  • Total Number of Rooms: 9
  • Bedrooms: 4
  • Number Above Grade Bedrooms: 4
  • Total Bathrooms: 3
  • Total Full Bathrooms: 2
  • Total Number of Half Bathrooms: 1
  • Legal Description: Rivermont Lots 15 and 16 |
  • Parcel Number ID: 20-06-07-102-002.000-012
  • Platted: Yes
  • Amenities: Foyer Entry, Garage Door Opener, Irrigation System, Pantry-Walk In, Patio Open, Formal Dining Room, Main Floor Laundry
  • Location: City/Town/Suburb
  • Parcel Id2: 200607102001000012
  • Sp Lp Percent: 95.29
  • Year Taxes Payable: 2015
  • Special Features: None
  • Stories: 2

Interior Features

  • Total Sq Ft: 3324
  • Total Finished Sq Ft: 2404
  • Above Grade Finished Sq Ft: 2404
  • Below Grade Sq Ft: 920
  • Price Per Sq Ft: 66.56
  • Basement: Yes
  • Basement Foundation: Partial Basement
  • Basement Material: Block
  • Number Of Fireplaces: 1
  • Fireplace: Gas Log
  • Fireplace: Yes
  • Flooring: Carpet, Hardwood Floors
  • Living Great Room: Dimensions: 11x19, On Level: Main
  • Kitchen: Dimensions: 13x14, On Level: Main
  • Dining Room: Dimensions: 17x11, On Level: Main
  • Family Room: Dimensions: 14x22, On Level: Main
  • Bedroom 1: Dimensions: 17x17, On Level: Upper
  • Bedroom 2: Dimensions: 11x9, On Level: Upper
  • Bedroom 3: Dimensions: 10x13, On Level: Upper
  • Bedroom 4: Dimensions: 12x13, On Level: Upper
  • Number of Main Level Half Bathrooms: 1
  • Total Below Grade Sq Ft: 920

Exterior Features

  • Exterior: Aluminum
  • Roof Material: Shingle
  • Outbuilding1: None
  • Fence: Decorative, Privacy

Garage/Parking

  • Driveway: Concrete
  • Garage Type: Attached
  • Garage Number Of Cars: 2
  • Garage Size: Dimensions: 24x24
  • Garage Sq Ft: 576
  • Garage: Yes

Utilities

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

Schools

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

Lot Info

  • Lot Description: Corner
  • Lot Dimensions: 118 x 123
  • Estimated Lot Sq Ft: 14375
  • Estimated Lot Size Acres: 0.33

Tax Info

  • Annual Taxes: 3109

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 20, 2021
Sold by
Steinhaus Karl
Bought by
Steinhaus Karl and Steinhaus La Rena
Total Days on Market
9
Current Estimated Value
$272,045

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Outstanding Balance
$118,527
Interest Rate
2.2%
Mortgage Type
New Conventional
Estimated Equity
$149,805

Purchase Details

Listed on
Jan 11, 2016
Closed on
Mar 29, 2016
Sold by
Ecm Leasing Llc
Bought by
Steinhaus Karl
Seller's Agent
Steve Miller
RE/MAX Results-Goshen
Buyer's Agent
Marybeth Erichsen
Cressy & Everett - South Bend
List Price
$167,900
Sold Price
$160,000
Premium/Discount to List
-$7,900
-4.71%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.74%
Original Mortgage
$157,102
Interest Rate
3.65%
Mortgage Type
FHA

Purchase Details

Listed on
Sep 23, 2015
Closed on
Nov 16, 2015
Sold by
Secretary Of Housing & Urban Development
Bought by
Ecm Leasing Llc
Seller's Agent
Wayne Pearce
RE/MAX Oak Crest - Elkhart
Buyer's Agent
Steve Miller
RE/MAX Results-Goshen
List Price
$93,800
Sold Price
$93,800

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
323.45%

Purchase Details

Closed on
Aug 11, 2015
Sold by
Ocwen Loan Servicing Llc
Bought by
Secretary Of Hsng & Urban Development

Purchase Details

Closed on
May 27, 2015
Sold by
Slagel Aaron D and Slagel Nichole D
Bought by
Ocwen Loan Servicing Llc

Purchase Details

Closed on
Aug 25, 2010
Sold by
Slagel Aaron D
Bought by
Slagel Aaron D and Slagel Nichole D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,805
Interest Rate
4.6%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 20, 2010
Sold by
Brennan George M and Brennan Susan C
Bought by
Slagel Aaron D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,805
Interest Rate
4.6%
Mortgage Type
FHA
Source: Public Records

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Range of Values:

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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
Steinhaus Karl -- Accommodation
Steinhaus Karl -- Metropolitan Title In Llc
Ecm Leasing Llc -- Metropolitan Title
Secretary Of Hsng & Urban Development -- None Available
Ocwen Loan Servicing Llc $107,100 None Available
Slagel Aaron D -- Metropolitan Title
Slagel Aaron D -- Metropolitan Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Steinhaus Karl $150,000
Closed Steinhaus Karl $157,102
Previous Owner Slagel Aaron D $125,805
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/29/2016 03/29/16 Sold $160,000 -4.7% $67 / Sq Ft
01/20/2016 01/20/16 Pending -- -- --
01/11/2016 01/11/16 For Sale $167,900 +79.0% $70 / Sq Ft
11/16/2015 11/16/15 Sold $93,800 0.0% $39 / Sq Ft
10/14/2015 10/14/15 Pending -- -- --
09/23/2015 09/23/15 For Sale $93,800 -- $39 / 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 $2,021 $211,200 $22,800 $188,400
2022 $2,021 $198,400 $22,800 $175,600
2021 $1,879 $184,000 $22,800 $161,200
2020 $1,956 $180,500 $22,800 $157,700
2019 $1,656 $153,600 $9,500 $144,100
2018 $1,581 $145,900 $9,500 $136,400
2017 $1,684 $147,400 $9,500 $137,900
2016 $1,530 $129,100 $9,500 $119,600
2014 $2,721 $125,000 $9,500 $115,500
2013 $2,493 $121,700 $9,500 $112,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 201601245

Indiana Regional MLS

APN: 20-06-07-102-002.000-012