NOT LISTED FOR SALE

288 Rainbow Blvd Indianapolis, IN 46234

Estimated Value: $371,000 - $414,000

4 Beds
3 Baths
2,848 Sq Ft
$137/Sq Ft Est. Value

Last Sold January 06, 2020

Last sale price $283,000 $99 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $2,358/month

63 Days on Market

Highlights

  • Traditional Architecture
  • Forced Air Heating and Cooling System
  • 4 Car Garage
  • Maple Elementary School Rated A

About This Home

As of January 2020

Be dazzled with this one of a kind gem! Main floor boasts: Solid Surface Flooring. Living Room. Dine-in Kitchen (w/pantry, center island, plenty of cabinets). Drop your jaw Spacious Master Suite will make every day feel like a trip to the spa! (walk in closet, spa like shower, soaking tub, HEATED floors!) Upper level: Solid surface flooring. 3 well sized bdrs. Picture perfect full bath (w/soaking tub, separate shower, and heated floors). Lower level: family room, laundry & mechanicals. Enclosed mudroom connects kitchen to 1642 sq ft garage (that is NOT a typo!) PLENTY of room for your big truck, workshop/game room. Large fenced yard w/Large deck & swim spa! Indy address, Avon Schools. Room sizes approx.

Last Agent to Sell the Property

Claire-Anne Aikman

The Point in Real Estate LLC License #RB14044142 Listed on: 10/03/2019

Last Buyer's Agent

Ambrosia Ramirez

@properties

@properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,018

Year Built

  • Built in 1970

Lot Details

  • 0.49

Parking

  • 4 Car Garage

Home Design

  • Traditional Architecture
  • Block Foundation
  • Vinyl Construction Material

Interior Spaces

  • 3-Story Property
  • Fire and Smoke Detector
  • Finished Basement

Bedrooms and Bathrooms

  • 4 Bedrooms

Additional Features

  • 0.49 Acre Lot
  • Forced Air Heating and Cooling System

Community Details

  • Rainbow Acres Subdivision

Listing and Financial Details

  • Assessor Parcel Number 320905455005000022

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,018

Year Built

Built in 1970

Lot Details

0

Parking

4

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: TraditonalAmerican
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2018
  • Year Built: 1970
  • Garage Y N: Yes
  • Lot Size Acres: 0.4867
  • Subdivision Name: RAINBOW ACRES
  • Inspection Warranties: Not Applicable
  • Property Description: Be dazzled with this one of a kind gem! Main floor boasts: Solid Surface Flooring. Living Room. Dine-in Kitchen (w/pantry, center island, plenty of cabinets). Drop your jaw Spacious Master Suite will make every day feel like a trip to the spa! (walk in closet, spa like shower, soaking tub, HEATED floors!) Upper level: Solid surface flooring. 3 well sized bdrs. Picture perfect full bath (w/soaking tub, separate shower, and heated floors). Lower level: family room, laundry & mechanicals. Enclosed mudroom connects kitchen to 1642 sq ft garage (that is NOT a typo!) PLENTY of room for your big truck, workshop/game room. Large fenced yard w/Large deck & swim spa! Indy address, Avon Schools. Room sizes approx.
  • Transaction Type: Sale
  • Open House Count: 0
  • Open House Public Count: 0
  • Special Features: None

Interior Features

  • Basement: Yes
  • Basement Type: Finished
  • Appliances: Dishwasher,Microwave,Electric Oven,Bar Fridge
  • Levels: Three Or More
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Total Bedrooms: 4
  • Interior Amenities: Walk-in Closet(s),Supplemental Storage
  • Living Area: 2848
  • Other Equipment: Smoke Detector
  • Room Count: 10
  • Areas Interior: Other
  • Eating Area: Dining Combo/Kitchen,Other Eating Area
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 2
  • Sq Ft Main Upper: 2328
  • Main Level Sq Ft: 1661
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Master Bedroom Description: Closet Walk in,Shower Stall Full,Sinks Double,Sitting Room,TubFull
  • Total Sq Ft: 2848
  • Kitchen Features: Breakfast Bar,Center Island,Kitchen Eat In,Pantry
  • Below Grade Sq Ft: 520
  • Upper Level Sq Ft: 667
  • Pct Optional Level Finished: 75+%

Exterior Features

  • Construction Materials: Vinyl With Brick
  • Disclosures: Not Applicable
  • Exterior Features: Driveway Asphalt,Fence Full Rear
  • Foundation Details: Block
  • Association Maintained Building Exterior: 0
  • Porch: Deck Main Level,Porch Open

Garage/Parking

  • Garage Spaces: 4
  • Fuel: Electric
  • Garage Parking Description: Attached,Other
  • Garage Parking Other: Garage Door Opener,Keyless Entry,Service Door,Storage Area,Workshop

Utilities

  • Sewer: Sewer Connected
  • Cooling: Central Air
  • Heating: Forced Air
  • Water Source: Public
  • Solid Waste: 1
  • Water Heater: Electric

Lot Info

  • Property Attached Yn: No
  • Parcel Number: 320905455005000022
  • Acres: 1/4-1/2 Acre
  • Lot Information: Suburban,Trees Small,See Remarks
  • Lot Number: 38
  • Lot Size: 21,201

Green Features

  • Green Certification Y N: 0

Tax Info

  • Tax Annual Amount: 2018
  • Semi Annual Property Tax Amt: 1009
  • Tax Exemption: HomesteadTaxExemption,MortageTaxExemption,OtherTaxExemption/See Remarks

MLS Schools

  • School District: Avon Community

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 3, 2019
Closed on
Jan 6, 2020
Sold by
Reece Erik B and Reece Veronica R
Bought by
Grospitch Charles E and Wolf Amber Lynn
Seller's Agent
Claire-Anne Aikman
The Point in Real Estate LLC
Buyer's Agent
Ambrosia Ramirez
@properties
List Price
$283,000
Sold Price
$283,000
Current Estimated Value
$389,817

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$106,817
Avg. Annual Appreciation
5.67%
Original Mortgage
$268,850
Outstanding Balance
$237,540
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$152,277

Purchase Details

Closed on
Feb 22, 2006
Sold by
Washington Mutual Bank
Bought by
Reece Erik B and Reece Veronica R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$102,800
Interest Rate
6.33%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 17, 2005
Sold by
Fox Melinda K and Fox Jack W
Bought by
Washington Mutual Bank F A
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
Grospitch Charles E $283,000 Abstract & Title Guaranty Co I
Reece Erik B -- None Available
Washington Mutual Bank F A $195,931 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Grospitch Charles E $268,850
Previous Owner Reece Erik B $102,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/06/2020 01/06/20 Sold $283,000 0.0% $99 / Sq Ft
12/06/2019 12/06/19 Pending -- -- --
11/21/2019 11/21/19 For Sale $283,000 0.0% $99 / Sq Ft
11/19/2019 11/19/19 For Sale $283,000 0.0% $99 / Sq Ft
11/19/2019 11/19/19 Price Changed $283,000 +1.1% $99 / Sq Ft
10/07/2019 10/07/19 Pending -- -- --
10/03/2019 10/03/19 For Sale $280,000 -- $98 / 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 $3,815 $338,000 $37,400 $300,600
2023 $3,446 $307,300 $34,100 $273,200
2022 $3,312 $293,200 $32,500 $260,700
2021 $2,913 $257,500 $32,500 $225,000
2020 $2,787 $244,500 $32,500 $212,000
2019 $2,001 $176,600 $28,700 $147,900
2018 $2,017 $173,700 $28,700 $145,000
2017 $1,652 $164,700 $27,400 $137,300
2016 $1,600 $159,500 $27,400 $132,100
2014 $1,637 $163,200 $26,800 $136,400
Source: Public Records

Agents Affiliated with this Home

  • Claire-Anne Aikman

    Seller's Agent in 2020

    Claire-Anne Aikman

    The Point in Real Estate LLC

    (317) 345-6640

    14 in this area

    117 Total Sales

    Claire-Anne Aikman
    Section Image

  • A

    Buyer's Agent in 2020

    Ambrosia Ramirez

    @properties

    Section Image
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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21672927

MIBOR Broker Listing Cooperative®

APN: 32-09-05-455-005.000-022

Indiana Hendricks County Indianapolis 46234

288 Rainbow Blvd, Indianapolis, IN

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