NOT LISTED FOR SALE

229 Rainbow Blvd Indianapolis, IN 46234

Estimated Value: $282,000 - $323,000

3 Beds
2 Baths
1,480 Sq Ft
$205/Sq Ft Est. Value

Last Sold July 08, 2016

Last sale price $158,500 $107 Per Sq Ft

Est. 92% increase in value since last sale

Current estimated payment $1,817/month

1 Day on Market

Highlights

  • Deck
  • Ranch Style House
  • Woodwork
  • Maple Elementary School Rated A
  • Thermal Windows
  • Shed

About This Home

As of July 2016

THIS HOME IS SO NICE BOTH INSIDE AND OUT. THE LOCATION IS PERFECT ON A QUIET STREET BUT IT IS OH SO CLOSE TO RESTAURANTS,SHOPPING, IU HOSPITAL AND THE INTERSTATE. LOVELY INTERIOR WITH A NICE KITCHEN THAT OPENS TO THE FAMILY ROOM IT HAS A WOOD BURNING FIREPLACE, AWESOME BACK YARD WITH A WOOD DECK AND IS FULLY FENCED, OVER SIZED 2 CAR GARAGE, NICE ROOMY MASTER BEDROOM, NEWER FURNACE, ROOF AND MORE, THIS ONE IS ESPECIALLY NICE, YOU WONT BE DISAPPOINTED.

Last Agent to Sell the Property

Cindy Martin

VIP Real Estate Group, LLC License #RB14048153 Listed on: 05/24/2016

Last Buyer's Agent

C. M. Boettma

RE/MAX Centerstone License #RB14033782

RE/MAX Centerstone

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $822

Year Built

  • Built in 1974

Lot Details

  • 0.51 Acre Lot
  • Back Yard Fenced

Home Design

  • Ranch Style House
  • Brick Exterior Construction

Interior Spaces

  • 1,480 Sq Ft Home
  • Woodwork
  • Thermal Windows
  • Family Room with Fireplace
  • Crawl Space
  • Pull Down Stairs to Attic
  • Fire and Smoke Detector

Kitchen

  • Electric Oven
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Parking

  • Garage
  • Driveway

Outdoor Features

  • Deck
  • Shed

Utilities

  • Forced Air Heating and Cooling System
  • Well
  • Water Purifier

Community Details

  • Rainbow Acres Subdivision

Listing and Financial Details

  • Assessor Parcel Number 320905460008000022

Home Details

Home Type

Single Family

Est. Annual Taxes

$822

Year Built

Built in 1974

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: Ranch
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2015
  • Year Built: 1974
  • Garage Y N: Yes
  • Lot Size Acres: 0.51
  • Subdivision Name: RAINBOW ACRES
  • Inspection Warranties: Warranty Homebuyers
  • Property Description: THIS HOME IS SO NICE BOTH INSIDE AND OUT. THE LOCATION IS PERFECT ON A QUIET STREET BUT IT IS OH SO CLOSE TO RESTAURANTS,SHOPPING, IU HOSPITAL AND THE INTERSTATE. LOVELY INTERIOR WITH A NICE KITCHEN THAT OPENS TO THE FAMILY ROOM IT HAS A WOOD BURNING FIREPLACE, AWESOME BACK YARD WITH A WOOD DECK AND IS FULLY FENCED, OVER SIZED 2 CAR GARAGE, NICE ROOMY MASTER BEDROOM, NEWER FURNACE, ROOF AND MORE, THIS ONE IS ESPECIALLY NICE, YOU WONT BE DISAPPOINTED.
  • Transaction Type: Sale
  • F H A Certified: 1
  • Special Features: None

Interior Features

  • Basement: No
  • Appliances: Dishwasher, Disposal, Electric Oven, Refrigerator
  • Levels: One
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Family Room, Woodburning Fireplce
  • Fireplaces: 1
  • Interior Amenities: Attic Pull Down Stairs, Windows Thermal, Wood Work Stained
  • Living Area: 1480
  • Other Equipment: Network Ready, Smoke Detector, Water Purifier, Water-Softener Owned
  • Room Count: 7
  • Areas Interior: Foyer Small,Living Room Formal,Laundry in Garage
  • Eating Area: Breakfast Bar,Separate Room
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 2
  • Sq Ft Main Upper: 1480
  • Main Level Sq Ft: 1480
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Master Bedroom Description: Main Level
  • Total Sq Ft: 1480
  • Below Grade Sq Ft: 0
  • Optional Level Below Grade: No Basement

Exterior Features

  • Construction Materials: Brick
  • Disclosures: Not Applicable
  • Exterior Features: Barn Mini, Driveway Asphalt, Fence Full Rear
  • Foundation Details: Crawl Space
  • Association Maintained Building Exterior: 0
  • Porch: Deck Main Level

Garage/Parking

  • Fuel: Electric
  • Garage Parking Description: 2 Car Attached
  • Garage Parking Other: Garage Door Opener,Finished Garage,Keyless Entry

Utilities

  • Sewer: Sewer Connected
  • Cooling: Central Air
  • Heating: Forced Air
  • Water Source: Well
  • Solid Waste: 0
  • Utility Options: Cable Available,High Speed Internet Avail
  • Water Heater: Electric

Lot Info

  • Property Attached Yn: No
  • Parcel Number: 320905460008000022
  • Acres: 1/2-1 Acre
  • Lot Information: Tree Mature,Trees Small
  • Lot Number: 19
  • Lot Size: 22,002

Green Features

  • Green Certification Y N: 0

Tax Info

  • Tax Annual Amount: 822
  • Semi Annual Property Tax Amt: 411
  • Tax Exemption: HomesteadTaxExemption,VeteranTaxExemption

MLS Schools

  • School District: Avon Community

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 24, 2016
Closed on
Jul 7, 2016
Sold by
Chavez Timothy M and Chavez Peggy L
Bought by
Jonas Zachary J
Seller's Agent
Cindy Martin
VIP Real Estate Group, LLC
Buyer's Agent
C. M. Boettma
RE/MAX Centerstone
List Price
$158,900
Sold Price
$158,500
Premium/Discount to List
-$400
-0.25%
Current Estimated Value
$303,641

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$145,141
Avg. Annual Appreciation
7.23%
Original Mortgage
$155,628
Outstanding Balance
$125,386
Interest Rate
3.87%
Mortgage Type
FHA
Estimated Equity
$178,255
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
Jonas Zachary J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jonas Zachary J $155,628
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/08/2016 07/08/16 Sold $158,500 0.0% $107 / Sq Ft
05/27/2016 05/27/16 Off Market $158,500 -- --
05/24/2016 05/24/16 For Sale $158,900 -- $107 / 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 $2,641 $240,400 $36,400 $204,000
2023 $2,370 $218,600 $33,100 $185,500
2022 $2,383 $213,500 $31,600 $181,900
2021 $2,095 $187,700 $31,600 $156,100
2020 $2,007 $178,700 $31,600 $147,100
2019 $1,877 $168,400 $29,800 $138,600
2018 $1,927 $165,700 $29,800 $135,900
2017 $1,611 $159,900 $28,400 $131,500
2016 $1,080 $136,800 $28,400 $108,400
2014 $855 $135,100 $27,800 $107,300
Source: Public Records

Agents Affiliated with this Home

  • Cindy Martin

    Seller's Agent in 2016

    Cindy Martin

    VIP Real Estate Group, LLC

    (317) 432-1146

    18 in this area

    99 Total Sales

    Cindy Martin
    Section Image

  • C

    Buyer's Agent in 2016

    C. M. Boettma

    RE/MAX

    Section Image

  • C

    Buyer's Agent in 2016

    C.M. Bottema

    RE/MAX Centerstone

See All Agents

Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21419568

MIBOR Broker Listing Cooperative®

APN: 32-09-05-460-008.000-022

Indiana Hendricks County Indianapolis 46234

229 Rainbow Blvd, Indianapolis, IN

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MIBOR Broker Listing Cooperative® Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.

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