NOT LISTED FOR SALE

1816 Rainbow Bend Blvd Elkhart, IN 46514

Estimated Value: $235,439 - $298,000

3 Beds
2 Baths
2,418 Sq Ft
$108/Sq Ft Est. Value

Last Sold September 19, 2014

Last sale price $93,920 $39 Per Sq Ft

Est. 178% increase in value since last sale

Current estimated payment $1,571/month

91 Days on Market

Highlights

  • Primary Bedroom Suite
  • 1 Car Attached Garage
  • Patio
  • Living Room with Fireplace
  • Eat-In Kitchen
  • 3-minute walk to O' Grady Point

About This Home

As of September 2014

3 BR 2 Bath Limestone Ranch with a finished basement and 4 Seasons Room for relaxing. Needs some work but could be a great home. This is a Fannie Mae HomePath property. This property is approved for HomePath Renovation Mortgage Financing. No investor offers for 20 days. All zoning, taxes, measurements, schools, HOA, utilities to be verified by the buyer/agent.

Last Agent to Sell the Property

Barbara Campbell

RE/MAX Oak Crest - Elkhart Listed on: 05/23/2014

Last Buyer's Agent

Douglas Ravish

Snyder Strategy Realty Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,094

Year Built

  • Built in 1959

Lot Details

  • 0.26 Acre Lot
  • Lot Dimensions are 104 x 109
  • Irregular Lot

Parking

  • 1 Car Attached Garage

Home Design

  • Shingle Roof
  • Masonry Siding
  • Masonry

Interior Spaces

  • 1-Story Property
  • Wood Burning Fireplace
  • Living Room with Fireplace
  • Finished Basement
  • Basement Fills Entire Space Under The House
  • Fire and Smoke Detector
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom Suite
  • 2 Full Bathrooms

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas

Additional Features

  • Patio
  • Suburban Location

Listing and Financial Details

  • Assessor Parcel Number 20-05-12-227-018.000-006

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,094

Year Built

Built in 1959

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1959
  • Age: 55
  • Style: One Story
  • Total Number of Rooms: 7
  • Total Number of Rooms Below Grade: 1
  • Bedrooms: 3
  • Number Above Grade Bedrooms: 3
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: GRUBER MANOR LOT 32
  • Parcel Number ID: 20-05-12-227-018.000-006
  • Platted: Yes
  • Amenities: Detector-Smoke, Eat-In Kitchen, Patio Open, Main Level Bedroom Suite
  • Location: City/Town/Suburb
  • Sp Lp Percent: 99.39
  • Special Features: None

Interior Features

  • Total Sq Ft: 2763
  • Total Finished Sq Ft: 2418
  • Above Grade Finished Sq Ft: 1382
  • Below Grade Finished Sq Ft: 1036
  • Below Grade Sq Ft: 345
  • Basement Foundation: Full Basement, Finished
  • Fireplace: Living/Great Rm, Wood Burning
  • Bedroom 1: Dimensions: 1x1, On Level: Main
  • Bedroom 2: Dimensions: 1x1, On Level: Main
  • Bedroom 3: Dimensions: 1x1, On Level: Main
  • Number of Main Level Full Bathrooms: 2
  • Total Below Grade Sq Ft: 1381

Exterior Features

  • Exterior: Masonry
  • Roof Material: Shingle
  • Outbuilding1: Garden Shed, Dimensions: 1x1

Garage/Parking

  • Garage Type: Attached
  • Garage Number Of Cars: 1
  • Garage Size: Dimensions: 1x1
  • Garage Sq Ft: 1

Utilities

  • Heating Fuel: Gas, Forced Air
  • Sewer: City
  • Water Utilities: City

Schools

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

Lot Info

  • Lot Description: Irregular
  • Lot Dimensions: 104 x 109
  • Estimated Lot Sq Ft: 11326
  • Estimated Lot Size Acres: 0.26

Tax Info

  • Annual Taxes: 1094
  • Exemptions: Homestead, Mortgage

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 23, 2014
Closed on
Sep 4, 2014
Sold by
Fannie Mae
Bought by
Riggle Michelle M
Seller's Agent
Barbara Campbell
RE/MAX Oak Crest - Elkhart
Buyer's Agent
Douglas Ravish
Snyder Strategy Realty Inc.
List Price
$111,000
Sold Price
$93,920
Premium/Discount to List
-$17,080
-15.39%
Current Estimated Value
$261,360

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$167,440
Avg. Annual Appreciation
9.77%
Original Mortgage
$89,224
Interest Rate
4.11%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 6, 2014
Sold by
Beane Sheriff and Beane Thi T
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Sep 14, 2012
Sold by
Beane Monica E
Bought by
Beane Thi Thi

Purchase Details

Closed on
Oct 12, 2004
Sold by
Beane Thi Thi
Bought by
Beane Thi Thi and Beane Monica E

Purchase Details

Closed on
Aug 1, 2002
Sold by
Cornecki Theodore F and Cornecki Nancy L
Bought by
Beane Thi Thi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$87,200
Interest Rate
6.62%
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
Riggle Michelle M -- Statewide Title Co Inc
Federal National Mortgage Association $74,995 --
Beane Thi Thi -- None Available
Beane Thi Thi -- --
Beane Thi Thi -- Metropolitan Title In Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Riggle Michelle M $25,000
Open Riggle Michelle M $92,000
Closed Riggle Michelle M $89,224
Previous Owner Beane Thi Thi $87,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/19/2014 09/19/14 Sold $93,920 -15.4% $39 / Sq Ft
08/22/2014 08/22/14 Pending -- -- --
05/23/2014 05/23/14 For Sale $111,000 -- $46 / 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 $1,890 $189,600 $23,000 $166,600
2022 $1,890 $164,500 $23,000 $141,500
2021 $1,545 $149,200 $23,000 $126,200
2020 $1,540 $141,200 $23,000 $118,200
2019 $1,420 $130,700 $23,000 $107,700
2018 $1,363 $125,100 $23,000 $102,100
2017 $1,354 $123,800 $23,000 $100,800
2016 $1,239 $113,900 $23,000 $90,900
2014 $1,157 $109,000 $23,000 $86,000
2013 $1,106 $109,000 $23,000 $86,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 201419927

Indiana Regional MLS

APN: 20-05-12-227-018.000-006