NOT LISTED FOR SALE

3905 Rainbow View Dr Indianapolis, IN 46221

Mars Hill Neighborhood

Estimated Value: $164,000 - $223,000

3 Beds
2 Baths
2,565 Sq Ft
$75/Sq Ft Est. Value

Last Sold December 17, 2021

Last sale price $111,000 $43 Per Sq Ft

Est. 74% increase in value since last sale

Current estimated payment $1,374/month

3 Days on Market

About This Home

As of December 2021

All-brick ranch home. Big yard in desirable suburban setting. Full basement offers extra living or storage space. Large family room is currently being used as a master bedrrom; it is complete with full bath ... it could also be an in-law room with separate entrance. This is a cash-only, as-is sale. This home needs clean-out, TLC, and renovation to be great again. Priced according ... the increase in value after rehab can be sweat equity for a homeowner, or it can be a desirable investment property for landlord or a flip. Please submit Waiver/Disclosure attached before showing.

Last Agent to Sell the Property

Jeneene West

Jeneene West Realty, LLC License #RB14038544 Listed on: 11/16/2021

Co-Listed By

Gregg West

Jeneene West Realty, LLC License #RB14034645

Last Buyer's Agent

Darrin Galyean

My Agent License #RB14028265

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,622

Year Built

  • 1958

Lot Details

  • 0.4

Parking

  • Carport

Interior Spaces

  • Combination Kitchen and Dining Room
  • Laundry on main level

Utilities

  • Heating System Uses Gas
  • Gas Water Heater

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,622

Year Built

1958

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Inspection Warranties: Warranty Homebuyers
  • Transaction Type: Sale
  • Website: www.JWestRealty.com
  • Architectural Style: Ranch
  • Co List Office Mls Id: MBRJWES01
  • Co List Office Phone: 317-856-4719
  • Directions: From I-465, take the Kentucky Ave exit and turn right (NE). Turn right (S) on Lynhurst Ave, Turn left on Mooresville Rd. Turn right on Rainbow View Dr.
  • Garage Yn: No
  • New Construction: No
  • Property Attached Yn: No
  • Subdivision Name: HANNA HEIGHTS
  • Special Features: None
  • Year Built: 1958

Interior Features

  • Appliances: None
  • Has Basement: Unfinished
  • Areas Interior: Laundry Room Main Level
  • Eating Area: Dining Combo/Kitchen
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 2
  • Sq Ft Main Upper: 1485
  • Main Level Sq Ft: 1485
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Below Grade Sq Ft: 1080
  • Upper Level Sq Ft: 0
  • Pct Optional Level Finished: 0-25%
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Interior Amenities: Screens Some, Windows Wood
  • Other Equipment: Sump Pump

Exterior Features

  • Exterior Features: Barn Mini
  • Foundation Details: Block
  • Association Maintained Building Exterior: 0
  • Construction Type: Brick
  • Disclosures: Not Applicable

Garage/Parking

  • Fuel: Gas
  • Garage Parking Description: Carport

Utilities

  • Cooling: Central Air
  • Heating: Forced Air
  • Solid Waste: 0
  • Water Heater: Gas
  • Sewer: Septic Tank
  • Water Source: Public

Lot Info

  • Acres: 1/4-1/2 Acre
  • Lot Information: Not In Subdivision
  • Lot Number: 14
  • Lot Size: 120' x 147'

Green Features

  • Green Certification Y N: 0

Tax Info

  • Semi Annual Property Tax Amt: 1311
  • Tax Exemption: None
  • Tax Annual Amount: 2622
  • Tax Year: 2020

MLS Schools

  • School District: Decatur Township

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 16, 2021
Closed on
Dec 20, 2021
Sold by
Brian Bell
Bought by
Scholtens Llc
Seller's Agent
Jeneene West
Jeneene West Realty, LLC
Buyer's Agent
Darrin Galyean
My Agent
List Price
$110,000
Sold Price
$111,000
Premium/Discount to List
$1,000
0.91%
Current Estimated Value
$193,037

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$82,037
Avg. Annual Appreciation
15.85%

Purchase Details

Listed on
Nov 16, 2021
Closed on
Dec 14, 2021
Sold by
Brian Bell
Bought by
Scholtens Llc
Seller's Agent
Jeneene West
Jeneene West Realty, LLC
Buyer's Agent
Darrin Galyean
My Agent
List Price
$110,000
Sold Price
$111,000
Premium/Discount to List
$1,000
0.91%

Purchase Details

Listed on
Jun 12, 2013
Closed on
Aug 22, 2013
Sold by
Fannie Mae and Federal National Mortgage Association
Bought by
Bell Brian
Seller's Agent
Kyle Johnson
Berkshire Hathaway Home
Buyer's Agent
Mary Dubois
Dubois Realty Co., Inc.
List Price
$54,500
Sold Price
$48,000
Premium/Discount to List
-$6,500
-11.93%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.59%

Purchase Details

Listed on
Jun 12, 2013
Closed on
Jul 5, 2013
Sold by
Bank Of America Na
Bought by
Federal National Mortgage Association
Seller's Agent
Kyle Johnson
Berkshire Hathaway Home
Buyer's Agent
Mary Dubois
Dubois Realty Co., Inc.
List Price
$54,500
Sold Price
$48,000
Premium/Discount to List
-$6,500
-11.93%

Purchase Details

Closed on
Jun 7, 2013
Sold by
Sexton J Glen J and Sexton Sheriff
Bought by
Bank Of America Na

Purchase Details

Closed on
May 15, 2013
Sold by
John R Layton Sheriff Of Marion County
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
Scholtens Llc -- Lenders Escrow & Title
Scholtens Llc $111,000 Lenders Escrow & Title
Bell Brian -- --
Federal National Mortgage Association -- --
Bank Of America Na -- --
-- $90,700 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bell Brian K $67,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/17/2021 12/17/21 Sold $111,000 +0.9% $43 / Sq Ft
11/20/2021 11/20/21 Pending -- -- --
11/16/2021 11/16/21 For Sale $110,000 +129.2% $43 / Sq Ft
08/20/2013 08/20/13 Sold $48,000 -11.9% $19 / Sq Ft
07/29/2013 07/29/13 Pending -- -- --
06/12/2013 06/12/13 For Sale $54,500 -- $21 / 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 $4,250 $207,300 $15,200 $192,100
2023 $4,250 $184,600 $15,200 $169,400
2022 $2,004 $149,700 $15,200 $134,500
2021 $2,760 $115,100 $15,200 $99,900
2020 $2,622 $115,100 $15,200 $99,900
2019 $2,463 $102,400 $15,200 $87,200
2018 $2,328 $97,800 $15,200 $82,600
2017 $2,287 $95,400 $15,200 $80,200
2016 $2,245 $93,800 $15,200 $78,600
2014 $1,968 $86,200 $15,200 $71,000
2013 $902 $86,200 $15,200 $71,000
Source: Public Records

Agents Affiliated with this Home

  • Jeneene West

    Seller's Agent in 2021

    Jeneene West

    Jeneene West Realty, LLC

    (317) 856-4719

    59 in this area

    462 Total Sales

    Jeneene West
    Section Image
  • Gregg West

    Seller Co-Listing Agent in 2021

    Gregg West

    Jeneene West Realty, LLC

    (317) 374-1507

    50 in this area

    310 Total Sales

    Gregg West
    Section Image
  • Darrin Galyean

    Buyer's Agent in 2021

    Darrin Galyean

    My Agent

    (317) 201-4663

    2 in this area

    172 Total Sales

    Darrin Galyean
    Section Image

  • K

    Seller's Agent in 2013

    Kyle Johnson

    Berkshire Hathaway Home

    (317) 881-7900

    20 Total Sales

    Kyle Johnson
    Section Image

  • S

    Seller Co-Listing Agent in 2013

    Scott Fitzgerald

    Benchmark Realty Group Indy

    Section Image

  • M

    Buyer's Agent in 2013

    Mary Dubois

    Dubois Realty Co., Inc.

    Section Image
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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21825029

MIBOR Broker Listing Cooperative®

APN: 49-11-30-103-009.000-200

Indiana Marion County Indianapolis 46221 Mars Hill

3905 Rainbow View Dr, Indianapolis, IN

This home is located at 3905 Rainbow View Dr, Indianapolis, IN 46221 since 16 November 2021 and is currently estimated at $193,037, approximately $75 per square foot. This property was built in 1958. 3905 Rainbow View Dr is a home located in Marion County with nearby schools including Blue Academy, Decatur Middle School, and Decatur Central 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.

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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