$307,000
SOLD AUG 4, 2023

202 Rainbow Blvd Indianapolis, IN 46234

4 Beds
2.5 Baths
1,888 Sq Ft
0.57 Acres

Recently Sold

$163 Per Sq Ft

3% Below List Price

20 Days on Market

Highlights

  • 0.57 Acre Lot
  • Mature Trees
  • Wood Flooring
  • Maple Elementary School Rated A
  • Ranch Style House
  • Corner Lot

About This Home

As of August 2023

Welcome home! This full brick home has it all......Hendricks County, Avon schools, NO HOA, 4 bdrm, 2 1/2 bath, large private lot with mature trees, fenced in backyard with an oversized 2 car detached garage! It's everything you're looking for! The location is close to everything! Home has a split floorplan so it's perfect for a Mother-in-law quarter or for privacy from the rest of the home! This home has original hardwood floors in the FR, hall & 3 bedrooms & roof is only 3 years old. Crawlspace is fully encapsulated & has newer sump pump. For additional upgrades please see Upgrades & Extras in the attachments!

Last Agent to Sell the Property

Karen Adamson

Realty Trust Group, LLC Brokerage Email: karenpassehl@yahoo.com License #RB14052290 Listed on: 06/09/2023

Last Buyer's Agent

Logan Bowman

Homestead Real Estate Services, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,478

Year Built

  • Built in 1966

Lot Details

  • 0.57 Acre Lot
  • Back Yard Fenced
  • Corner Lot
  • Mature Trees

Parking

  • 2 Car Detached Garage

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Block Foundation

Interior Spaces

  • 1,888 Sq Ft Home
  • Woodwork
  • Thermal Windows
  • Window Screens
  • Utility Room
  • Wood Flooring
  • Fire and Smoke Detector

Kitchen

  • Breakfast Bar
  • Electric Oven
  • Electric Cooktop
  • Built-In Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • Dual Vanity Sinks in Primary Bathroom

Laundry

  • Laundry on main level
  • Washer and Dryer Hookup

Basement

  • Sump Pump
  • Crawl Space

Outdoor Features

  • Patio
  • Fire Pit
  • Shed
  • Porch

Schools

  • Maple Elementary School
  • Avon Middle School North
  • Avon Intermediate School East
  • Avon High School

Utilities

  • Forced Air Heating System
  • Programmable Thermostat
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Rainbow Acres Subdivision

Listing and Financial Details

  • Legal Lot and Block 33 / II
  • Assessor Parcel Number 320905455015000022

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,478

Year Built

Built in 1966

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: Ranch
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2022
  • Year Built: 1966
  • Building Area Total: 1888
  • Garage Y N: Yes
  • Lot Size Acres: 0.57
  • Subdivision Name: Rainbow Acres
  • Inspection Warranties: Not Applicable
  • Transaction Type: Sale
  • Accessibility Features YN: No
  • MBR_AttributionContact: karenpassehl@yahoo.com
  • Attribution Contact: karenpassehl@yahoo.com
  • Special Features: VirtualTour

Interior Features

  • Basement: No
  • Basement Type: Crawl Space, Sump Pump
  • Appliances: Electric Cooktop, Dishwasher, Electric Water Heater, Disposal, MicroHood, Electric Oven, Refrigerator, Water Heater, Water Softener Owned
  • Levels: One
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Total Bedrooms: 4
  • Interior Amenities: Bath Sinks Double Main, Breakfast Bar, Hardwood Floors, Hi-Speed Internet Availbl, Network Ready, Pantry, Programmable Thermostat, Screens Some, Walk-in Closet(s), Windows Thermal, Wood Work Painted
  • Living Area: 1888
  • Main Level Bedrooms: 4
  • Other Equipment: Smoke Alarm
  • Areas Interior: Utility Room
  • Eating Area: Formal Dining Room,Other Eating Area
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 2
  • Main Level Sq Ft: 1888
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 1
  • Upper Level Sq Ft: 0
  • Rooms Basement: 0

Exterior Features

  • Construction Materials: Brick
  • Direction Faces: East
  • Exterior Features: Barn Mini, Outdoor Fire Pit
  • Fencing: Chain Link, Fence Full Rear, Privacy
  • Foundation Details: Block
  • List Price: 314900
  • Patio And Porch Features: Open Patio, Porch Open
  • Waterfront: No

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Detached, Concrete, Storage
  • Garage Sq Ft: 576

Utilities

  • Utilities: Cable Available, Electricity Connected, Sewer Connected, Water Connected
  • Cooling: Central Electric
  • Electric: 200+ Amp Service
  • Heating: Electric, Forced Air
  • Laundry Features: Connections All, Main Level
  • Water Source: Municipal/City
  • Solid Waste: No

Condo/Co-op/Association

  • Association YN: No

Schools

  • Middle Or Junior School: Avon Middle School North
  • MBR_IntermediateSchool: Avon Intermediate School East

Lot Info

  • Lot Features: Corner Lot, Fence Full Rear, Not In Subdivision, Mature Trees
  • Property Attached Yn: No
  • Additional Parcels: No
  • Lot Size Sq Ft: 25003
  • Parcel Number: 320905455015000022
  • Acres: 1/2-1 Acre
  • Price Acre: 538596.49122807

Green Features

  • Green Certification Y N: No

Tax Info

  • Tax Annual Amount: 2478
  • Tax Block: II
  • Tax Lot: 33
  • Semi Annual Property Tax Amt: 1239
  • Tax Exemption: Homestead Tax Exemption,Mortage Tax Exemption

MLS Schools

  • Elementary School: Maple Elementary School
  • High School: Avon High School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 30, 2025
Sold by
Jones Kevin T and Jones Casey M
Bought by
Providence Legacy Llc
Current Estimated Value
$333,380

Purchase Details

Listed on
Jun 9, 2023
Closed on
Aug 4, 2023
Sold by
Passehl Kathy L and Passehl Derek J
Bought by
Jones Kevin T
Seller's Agent
Karen Adamson
Realty Trust Group, LLC
Buyer's Agent
Logan Bowman
Homestead Real Estate Services, LLC
List Price
$314,900
Sold Price
$307,000
Premium/Discount to List
-$7,900
-2.51%
Views
209

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.91%
Original Mortgage
$279,753
Interest Rate
6.96%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 20, 2020
Closed on
Jul 16, 2020
Sold by
Langley Brooke and Huls Marlene
Bought by
Passehl Kathy L and Passehl Derek J
Seller's Agent
Elisabeth Lugar
CENTURY 21 Scheetz
Buyer's Agent
Karen Adamson
Realty Trust Group, LLC
List Price
$229,900
Sold Price
$229,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.95%
Original Mortgage
$222,227
Interest Rate
3.1%
Mortgage Type
FHA

Purchase Details

Listed on
Sep 26, 2017
Closed on
Dec 13, 2017
Sold by
Eades Jerry W and Eades Glenda I
Bought by
Langley Brooke and Huls Marlene
Seller's Agent
Robert VanHook
Premier Agent Network
Buyer's Agent
Elisabeth Lugar
CENTURY 21 Scheetz
List Price
$189,000
Sold Price
$170,000
Premium/Discount to List
-$19,000
-10.05%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.36%
Original Mortgage
$153,000
Interest Rate
3.95%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 28, 2007
Sold by
Kellough Caroline
Bought by
Eades Jerry W and Eades Glenda I
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 Type Sale Price Title Company
Warranty Deed -- None Listed On Document
Warranty Deed $307,000 First American Title
Warranty Deed $229,900 Enterprise Title
Deed -- --
Trustee Deed -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $288,955 New Conventional
Previous Owner $279,753 New Conventional
Previous Owner $222,227 FHA
Previous Owner $153,000 New Conventional
Previous Owner $129,200 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/04/2023 08/04/23 Sold $307,000 -2.5% $163 / Sq Ft
06/30/2023 06/30/23 Pending -- -- --
06/09/2023 06/09/23 For Sale $314,900 +37.0% $167 / Sq Ft
07/16/2020 07/16/20 Sold $229,900 0.0% $122 / Sq Ft
06/16/2020 06/16/20 Pending -- -- --
06/05/2020 06/05/20 For Sale $229,900 0.0% $122 / Sq Ft
05/31/2020 05/31/20 Off Market $229,900 -- --
05/20/2020 05/20/20 For Sale $229,900 +35.2% $122 / Sq Ft
12/13/2017 12/13/17 Sold $170,000 -5.5% $90 / Sq Ft
11/14/2017 11/14/17 Pending -- -- --
10/14/2017 10/14/17 Price Changed $179,900 -4.8% $95 / Sq Ft
09/26/2017 09/26/17 For Sale $189,000 -- $100 / Sq Ft
Source: MIBOR Broker Listing Cooperative®

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 $3,288 $292,200 $37,200 $255,000
2023 $2,547 $221,600 $33,900 $187,700
2022 $2,479 $212,100 $32,300 $179,800
2021 $2,260 $193,000 $32,300 $160,700
2020 $2,074 $175,100 $32,300 $142,800
2019 $1,946 $165,700 $30,500 $135,200
2018 $2,079 $163,300 $30,500 $132,800
2017 $1,311 $127,800 $29,000 $98,800
2016 $1,435 $131,400 $29,000 $102,400
2014 $1,405 $127,400 $28,500 $98,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21926080

MIBOR Broker Listing Cooperative®

APN: 32-09-05-455-015.000-022