NOT LISTED FOR SALE

3910 Rainbow Dr New Albany, IN 47150

Estimated Value: $249,000 - $327,501

3 Beds
2.5 Baths
2,828 Sq Ft
$97/Sq Ft Est. Value

Last Sold October 09, 2020

Last sale price $170,000 $60 Per Sq Ft

Est. 62% increase in value since last sale

Current estimated payment $1,675/month

Highlights

  • Second Kitchen
  • 2 Fireplaces
  • Covered Patio or Porch
  • 0.63 Acre Lot
  • Corner Lot
  • 2 Car Detached Garage

About This Home

As of October 2020

Tons of potential with this 3 BR 2 1/2 bath mid-century modern style home sitting on 0.6 acres with a large detached garage with a half bathroom! Great location on the corner of Rainbow Dr and Monty Dr just off Charlestown Rd. The first floor consists of a living room with large picture window and sliding doors to the back for lots of natural daylight, kitchen open to the dining area, wide hallway leads to an oversized full bathroom and 3 bedrooms, which one has a half bath. Basement (partially finished) will be a project, but great potential with the full kitchen, bath, 4th bedroom (two windows and closet, but not egress windows), family room with bar area, fireplace, and two storage areas. Out back there is a 24’x30’ detached garage with a 1/2 bath, electric, and floor drain. Other features are a covered front porch, covered back porch, two separate driveways, and a large corner lot. Put your own touches on this one to make it your own!

Last Agent to Sell the Property

Susan Block

Semonin REALTORS License #RB14022957 Listed on: 09/08/2020

Semonin REALTORS

Co-Listed By

Jesse Niehaus

Semonin REALTORS License #RB14038872

Semonin REALTORS

Last Buyer's Agent

Jesse Niehaus

Semonin REALTORS License #RB14038872

Semonin REALTORS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,178

Year Built

  • Built in 1960

Lot Details

  • 0.63 Acre Lot
  • Street terminates at a dead end
  • Landscaped
  • Corner Lot

Parking

  • 2 Car Detached Garage
  • Garage Door Opener
  • Driveway
  • Off-Street Parking

Home Design

  • Frame Construction

Interior Spaces

  • 2,828 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • 2 Fireplaces

Kitchen

  • Second Kitchen
  • Breakfast Bar
  • Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms

Partially Finished Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump

Outdoor Features

  • Covered Patio or Porch

Utilities

  • Forced Air Heating and Cooling System
  • Natural Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 220506300517000008

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,178

Year Built

Built in 1960

Lot Details

0

Parking

2

Listing Details

  • Improvements: 137100
  • Additional Parking: Off Street
  • Annual Tax: 1178
  • Appointment: Mandatory
  • Construction: Frame On-Site
  • Foundation: Unknown
  • Land Assessment: 42100
  • Legal Description: 63 ILL. GNT. L 13; 0.633AC
  • Numof Fireplaces: 2
  • Out Buildings: Garage
  • Parcel Number: 220506300517000008
  • Property Sub Type: Residential
  • Property Type: Residential/Farm
  • Total: 179200
  • Total Deduction Amnt: 91970
  • Total Finished Square Footage: 2828
  • Type: 1 Story
  • Year Built: 1960
  • Special Features: None

Interior Features

  • Water Heater: Natural Gas
  • Basement Type: Full, Partially Finished
  • Above Grade Finished Sq Ft: 1616.00
  • Appliances: Dishwasher, Garage Door Opener, Range / Oven, Refrigerator
  • Basement: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3.00
  • Total Bedrooms: 3
  • Fireplace: Unknown
  • Interior Amenities: Bath 1/2 Master, Breakfast Bar, Cable Wired, Ceiling Fan(s), Second Kitchen, Sump Pump
  • Lot Sq Ft: 27442.80
  • Room Count: 12
  • Sewer Type: Sewer
  • Total Sq Ft: 2828
  • Total Rooms: 9

Exterior Features

  • Exterior Features: Covered Porch, Landscaped, Patio, Solid Surface Drive

Garage/Parking

  • Garage Type: Detached
  • Garage Spaces: 2
  • Garage Yn: Yes

Utilities

  • Cooling Type: Central Air
  • Fuel Type: Nat Gas
  • Heat Type: Forced Air
  • Water Type: Public Onsite

Schools

  • School District: New Albany-Floyd Cty

Lot Info

  • Acres: 0.6300
  • Lot Description: Corner Lot, Dead End Street
  • Zoning: Residential

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 8, 2020
Closed on
Oct 9, 2020
Sold by
Farmer John A
Bought by
Adams Stephanie Layne
Seller's Agent
Susan Block
Semonin REALTORS
Buyer's Agent
Jesse Niehaus
Semonin REALTORS
List Price
$179,900
Sold Price
$170,000
Premium/Discount to List
-$9,900
-5.5%
Current Estimated Value
$275,375

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$105,375
Avg. Annual Appreciation
10.37%
Original Mortgage
$136,000
Outstanding Balance
$122,593
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$155,223

Purchase Details

Closed on
Apr 25, 2019
Sold by
Riddle Cathryn and Landers Debra
Bought by
Farmer John A

Purchase Details

Closed on
Jun 14, 2017
Sold by
Wittmer Wanda L and Wittmer William F
Bought by
Riddle Cathryn and Landers Debra
Source: Public Records

Range of Values:

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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
Adams Stephanie Layne -- None Available
Farmer John A -- None Available
Riddle Cathryn -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Adams Stephanie Layne $136,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/09/2020 10/09/20 Sold $170,000 -5.5% $60 / Sq Ft
09/10/2020 09/10/20 Pending -- -- --
09/08/2020 09/08/20 For Sale $179,900 -- $64 / Sq Ft
Source: Southern Indiana REALTORS® Association

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 $2,584 $271,200 $42,100 $229,100
2023 $2,584 $242,700 $42,100 $200,600
2022 $2,215 $207,600 $42,100 $165,500
2021 $1,998 $186,300 $42,100 $144,200
2020 $2,051 $190,400 $42,100 $148,300
2019 $1,177 $179,200 $42,100 $137,100
2018 $1,154 $188,700 $42,100 $146,600
2017 $1,132 $165,700 $42,100 $123,600
2016 $1,109 $164,300 $42,100 $122,200
2014 $1,066 $138,300 $42,400 $95,900
2013 -- $143,500 $42,400 $101,100
Source: Public Records

Agents Affiliated with this Home

  • Susan Block

    Seller's Agent in 2020

    Susan Block

    Semonin Realty

    (502) 552-4177

    75 in this area

    285 Total Sales

    Susan Block
    Section Image
  • Jesse Niehaus

    Seller Co-Listing Agent in 2020

    Jesse Niehaus

    Semonin Realty

    (502) 558-1579

    75 in this area

    287 Total Sales

    Jesse Niehaus
    Section Image
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Map

Source: Southern Indiana REALTORS® Association

MLS Number: 2020010480

Southern Indiana REALTORS® Association

APN: 22-05-06-300-517.000-008

Indiana Floyd County New Albany 47150

3910 Rainbow Dr, New Albany, IN

This home is located at 3910 Rainbow Dr, New Albany, IN 47150 since 08 September 2020 and is currently estimated at $275,375, approximately $97 per square foot. This property was built in 1960. 3910 Rainbow Dr is a home located in Floyd County with nearby schools including Hazelwood Middle School, New Albany Senior High School, and Community Montessori.

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.

Southern Indiana REALTORS® Association IDX information is provided exclusively for consumers’ personal, noncommercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing data is deemed reliable but is not guaranteed accurate by the SIRA MLS.

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