NOT LISTED FOR SALE

3915 Rainbow Dr New Albany, IN 47150

Estimated Value: $237,000 - $257,056

3 Beds
1.5 Baths
1,240 Sq Ft
$198/Sq Ft Est. Value

Last Sold June 11, 2021

Last sale price $196,000 $158 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $1,446/month

Highlights

  • 0.78 Acre Lot
  • 1 Car Attached Garage
  • Walk-In Closet
  • Park or Greenbelt View
  • Eat-In Kitchen
  • Patio

About This Home

As of June 2021

Welcome Y'All to this Modern Farmhouse in a most desirable/established area of New Albany, conveniently located off of Charlestown Road. Perfect for anyone looking for well maintained 3 bedroom, 1-1/2 bath, with over 1200 square feet. Eat-in kitchen with mud room/sunroom to back yard, a separate dining room, and living room with fireplace. Let's not forget to mention .78 of an acre with a secluded back yard, shed, garden and new fencing! Updated nicely throughout and ready to call your own! Home Sweet Home! Sq ft & rm sz approx.

Last Agent to Sell the Property

Lisa Williams

Schuler Bauer Real Estate Services ERA Powered (N License #RB14047223 Listed on: 05/06/2021

Schuler Bauer Real Estate Services ERA Powered (N

Last Buyer's Agent

Jeremy Ward

Ward Realty Services License #RB14035695

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,344

Year Built

  • Built in 1956

Lot Details

  • 0.78 Acre Lot
  • Landscaped
  • Garden

Parking

  • 1 Car Attached Garage

Home Design

  • Poured Concrete
  • Frame Construction

Interior Spaces

  • 1,240 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Wood Burning Fireplace
  • Park or Greenbelt Views

Kitchen

  • Eat-In Kitchen
  • Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet

Laundry

  • Dryer
  • Washer

Basement

  • Walk-Out Basement
  • Partial Basement
  • Sump Pump
  • Crawl Space

Outdoor Features

  • Patio
  • Shed

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 220506300528000008

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,344

Year Built

Built in 1956

Lot Details

0

Parking

1

Listing Details

  • Improvements: 76900
  • Annual Tax: 1344
  • Appointment: Mandatory
  • Construction: Existing, Frame On-Site
  • Foundation: Poured Concrete
  • Land Assessment: 44500
  • Legal Description: 63 ILL. GNT. .757AC
  • Lot Dimensions: see lot size
  • Numof Fireplaces: 1
  • Out Buildings: Shed
  • Parcel Number: 220506300528000008
  • Property Sub Type: Residential
  • Property Type: Residential/Farm
  • Total: 121400
  • Total Deduction Amnt: 76665
  • Total Finished Square Footage: 1240
  • Type: 1 Story
  • Year Built: 1956
  • Special Features: None

Interior Features

  • Water Heater: Electric
  • Basement Type: Crawl Space, Partial, Walkout
  • Above Grade Finished Sq Ft: 1240.00
  • Appliances: Clothes Dryer, Clothes Washer, Dishwasher, Microwave, Range / Oven, Refrigerator
  • Basement: Yes
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bathrooms: 2.00
  • Total Bedrooms: 3
  • Fireplace: Woodburning
  • Interior Amenities: 1st Floor Master, Bath 1/2 Master, Cable Wired, Ceiling Fan(s), Eat-In Kitchen, Split Bedrooms, Sump Pump, Walk-In Closet(s)
  • Lot Sq Ft: 33976.80
  • Room Count: 7
  • Sewer Type: Sewer
  • Total Sq Ft: 1240
  • Total Rooms: 7

Exterior Features

  • Exterior Features: Landscaped, Patio

Garage/Parking

  • Garage Type: Attached
  • Garage Spaces: 1
  • Garage Yn: Yes

Utilities

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

Schools

  • School District: New Albany-Floyd Cty

Lot Info

  • Acres: 0.7800
  • Lot Description: Garden Area, Park-Like View
  • Zoning: Residential

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 6, 2021
Closed on
Jun 11, 2021
Sold by
Everage Matthew and Everage Kristi
Bought by
Ramirez Jonathan Lopez
Seller's Agent
Lisa Williams
Schuler Bauer Real Estate Services ERA Powered (N
Buyer's Agent
Jeremy Ward
Ward Realty Services
List Price
$189,900
Sold Price
$196,000
Premium/Discount to List
$6,100
3.21%
Current Estimated Value
$245,514

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$49,514
Avg. Annual Appreciation
5.44%
Original Mortgage
$190,120
Outstanding Balance
$172,878
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$73,364

Purchase Details

Closed on
Oct 4, 2016
Sold by
Dillman Mark D and Dillman Elizabeth J
Bought by
Everage Matthew and Molck Kristi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$119,298
Interest Rate
3.37%
Mortgage Type
FHA

Purchase Details

Listed on
Apr 20, 2012
Closed on
Jun 1, 2012
Sold by
Baumgartle Elmara Lee
Bought by
Dillman Mark D and Rountree Elizabeth J
Seller's Agent
Misty Stanley
Keller Williams Realty Consultants
Buyer's Agent
Misty Stanley
Keller Williams Realty Consultants
List Price
$99,900
Sold Price
$90,000
Premium/Discount to List
-$9,900
-9.91%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.84%
Original Mortgage
$86,850
Interest Rate
3.75%
Mortgage Type
FHA
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
Ramirez Jonathan Lopez -- None Available
Everage Matthew -- Signature Title
Dillman Mark D $90,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ramirez Jonathan Lopez $190,120
Previous Owner Everage Matthew $119,298
Previous Owner Dillman Mark D $86,850
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/11/2021 06/11/21 Sold $196,000 +3.2% $158 / Sq Ft
05/08/2021 05/08/21 Pending -- -- --
05/06/2021 05/06/21 For Sale $189,900 +111.0% $153 / Sq Ft
06/04/2012 06/04/12 Sold $90,000 -9.9% $73 / Sq Ft
04/24/2012 04/24/12 Pending -- -- --
04/20/2012 04/20/12 For Sale $99,900 -- $81 / 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 $1,726 $178,500 $44,500 $134,000
2023 $1,726 $160,600 $44,500 $116,100
2022 $1,467 $140,100 $44,500 $95,600
2021 $1,347 $128,000 $44,500 $83,500
2020 $1,344 $128,000 $44,500 $83,500
2019 $1,191 $121,400 $44,500 $76,900
2018 $1,278 $127,100 $44,500 $82,600
2017 $1,074 $113,500 $44,500 $69,000
2016 $1,092 $115,100 $44,500 $70,600
2014 $2,104 $105,100 $44,500 $60,600
2013 -- $108,300 $44,500 $63,800
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2021

    Lisa Williams

    Schuler Bauer Real Estate Services ERA Powered (N

    (502) 592-1684

    26 in this area

    56 Total Sales

    Lisa Williams
    Section Image
  • Jeremy Ward

    Buyer's Agent in 2021

    Jeremy Ward

    Ward Realty Services

    (812) 987-4048

    194 in this area

    1,267 Total Sales

    Jeremy Ward
    Section Image

  • M

    Buyer Co-Listing Agent in 2021

    Mario Johnson

    RE/MAX

    Section Image

  • M

    Seller's Agent in 2012

    Misty Stanley

    Keller Williams Realty Consultants

    Section Image
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Map

Source: Southern Indiana REALTORS® Association

MLS Number: 202107536

Southern Indiana REALTORS® Association

APN: 22-05-06-300-528.000-008

Indiana Floyd County New Albany 47150

3915 Rainbow Dr, New Albany, IN

This home is located at 3915 Rainbow Dr, New Albany, IN 47150 since 06 May 2021 and is currently estimated at $245,514, approximately $197 per square foot. This property was built in 1956. 3915 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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