NOT LISTED FOR SALE

203 Rainbow Trail Trail Creek, IN 46360

Estimated Value: $246,000 - $275,000

3 Beds
1.5 Baths
1,855 Sq Ft
$141/Sq Ft Est. Value

Last Sold June 23, 2020

Last sale price $196,000 $106 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $1,584/month

12 Days on Market

Highlights

  • Deck
  • No HOA
  • Home Security System
  • Corner Lot
  • 2 Car Attached Garage
  • Landscaped

About This Home

As of June 2020

This customized Bi-Level home sits on a beautifully landscaped corner lot in desirable Trail Creek! Enjoy family time dinners with an open concept kitchen and all the modern updates with quick access to a backyard wooden deck for those summertime grill nights. 3 spacious bedrooms sure to please every family member with a master ensuite bathroom already framed and awaiting your finishing touches. Nicely sized 2 car garage insulated with plenty of storage space and room to set-up the home gym. Let your furry friends run safely in the fenced-in backyard while you relax on your deck with no worries. Extras include an in-ground sprinkler system, alarm system, and hooked into city water with a newer septic system. This gem awaits and let's welcome you home!

Last Agent to Sell the Property

Giorgios Karayannis

@properties/Christie's Intl RE License #RB18001251 Listed on: 05/13/2020

@properties/Christie's Intl RE

Last Buyer's Agent

Pete Rahm

Keller Williams Realty SWM License #RB14039043

Keller Williams Realty SWM

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,278

Year Built

  • Built in 1968

Lot Details

  • 10,080 Sq Ft Lot
  • Lot Dimensions are 120 x 84
  • Landscaped
  • Corner Lot

Parking

  • 2 Car Attached Garage

Home Design

  • Bi-Level Home

Kitchen

  • Gas Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deck

Schools

  • Joy Elementary School
  • Michigan City High School

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 460134257007000026

Community Details

Overview

  • No Home Owners Association
  • Park Lane Sd Subdivision

Amenities

  • Community Storage Space

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,278

Year Built

Built in 1968

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 1968
  • Reso Property Sub Type: Single Family Residence
  • ResoLotFeatures: Corner Lot, Landscaped, Other, Paved, Sprinklers In Front, Sprinklers In Rear
  • Road Surface Type: Paved
  • ResoSecurityFeatures: Security System
  • Co List Office Mls Id: NRAgenericoffice
  • Subdivision Name: Park Lane SD
  • Above Grade Finished Sq Ft: 988
  • Garage Yn: Yes
  • Unit Levels: Split Entry (Bi-Level)
  • Reso Other Structures: Shed(s), Storage
  • Property Attached Yn: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Gas Range, Microwave, Refrigerator, Washer
  • Basement YN: No
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 867
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Exterior Features: Lighting
  • Acres: 0.2314
  • Construction Type: Aluminum Siding
  • Foundation Details: Slab
  • Patio And Porch Features: Deck

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Attached, Other

Utilities

  • Sewer: Septic Tank
  • Utilities: Cable Available, Electricity Available, Natural Gas Available
  • Cooling: Central Air
  • Heating: Forced Air, Natural Gas
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: Michigan City

Lot Info

  • Lot Dimensions: 120 x 84
  • Lot Size Sq Ft: 10080
  • Parcel #: 460134257007000026

Tax Info

  • Year: 2018
  • Tax Annual Amount: 1278

MLS Schools

  • HighSchool: Michigan City High School
  • Elementary School: Joy Elementary School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 13, 2020
Closed on
Jun 22, 2020
Sold by
Bryan Michael L
Bought by
Selby Thomas Allen and Selby Madeline
Seller's Agent
Giorgios Karayannis
@properties/Christie's Intl RE
Buyer's Agent
Pete Rahm
Keller Williams Realty SWM
List Price
$196,000
Sold Price
$196,000
Current Estimated Value
$261,727

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$65,727
Avg. Annual Appreciation
5.86%
Original Mortgage
$186,200
Outstanding Balance
$165,477
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$97,902
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Selby Thomas Allen -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Selby Thomas Allen $10,600
Open Selby Thomas Allen $186,200
Previous Owner Bryan Michael L $74,600
Previous Owner Bryan Michael L $47,773
Previous Owner Bryan Michael L $40,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/23/2020 06/23/20 Sold $196,000 0.0% $106 / Sq Ft
05/25/2020 05/25/20 Pending -- -- --
05/13/2020 05/13/20 For Sale $196,000 -- $106 / Sq Ft
Source: Northwest Indiana Association of REALTORS®

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 $1,914 $196,100 $23,700 $172,400
2023 $1,842 $184,200 $23,700 $160,500
2022 $1,707 $170,700 $23,700 $147,000
2021 $1,586 $158,600 $23,700 $134,900
2020 $1,393 $158,600 $23,700 $134,900
2019 $1,308 $126,000 $20,500 $105,500
2018 $1,278 $123,000 $20,500 $102,500
2017 $1,115 $110,400 $12,800 $97,600
2016 $1,123 $115,500 $12,800 $102,700
2014 $1,087 $111,100 $12,700 $98,400
Source: Public Records

Agents Affiliated with this Home

  • Giorgios Karayannis

    Seller's Agent in 2020

    Giorgios Karayannis

    @ Properties

    (219) 805-6754

    86 Total Sales

    Giorgios Karayannis
    Section Image
  • Pete Rahm

    Buyer's Agent in 2020

    Pete Rahm

    Keller Williams Realty SWM

    (269) 469-2911

    153 Total Sales

    Pete Rahm
    Section Image
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Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: 474191

Northwest Indiana Association of REALTORS®

APN: 46-01-34-257-007.000-026

Indiana La Porte County Trail Creek 46360

203 Rainbow Trail, Trail Creek, IN

This home is located at 203 Rainbow Trail, Trail Creek, IN 46360 since 13 May 2020 and is currently estimated at $261,727, approximately $141 per square foot. This property was built in 1968. 203 Rainbow Trail is a home located in LaPorte County with nearby schools including Joy Elementary School, Martin T. Krueger Middle School, and Michigan City High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Northwest Indiana Association of REALTORS® Copyright 2025 MuItiple Listing Service of the Northwest Indiana Realtors Association Multiple Listing Service (NIRA MLS). All rights reserved. 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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