NOT LISTED FOR SALE

3948 Rainbow View Dr Indianapolis, IN 46221

Mars Hill Neighborhood

Estimated Value: $251,000 - $299,844

3 Beds
2 Baths
2,135 Sq Ft
$129/Sq Ft Est. Value

Last Sold April 28, 2020

Last sale price $170,000 $80 Per Sq Ft

Est. 62% increase in value since last sale

Current estimated payment $1,780/month

Highlights

  • Traditional Architecture
  • 2 Car Attached Garage
  • 1-Story Property
  • Cul-De-Sac
  • Shed
  • Forced Air Heating and Cooling System

About This Home

As of April 2020

HOME SWEET HOME!!This lovely WELL-MAINTAINED limestone ranch home on a quiet dead end road offers a Master Bedroom w/2 CLOSETS, Master Bath w/ DUAL SINKS, large Living w/ large window to let in NATURAL LIGHT, OPEN kitchen & dining room. Entertain in the HUGE basement that could be a game room,playroom,exercise room,craft room,etc; the possibilities are endless!Enjoy having BBQ's on the WOODEN DECK with a driveway that offers EXTRA PARKING, large shed for EXTRA STORAGE,newer HVAC/AC/roof and a water heater new September 2019. Home is being SOLD AS-IS. Close to downtown, interstates, grocery stores, shopping malls and hospitals. This home will not last long!

Last Agent to Sell the Property

Shawna Hargrave

F.C. Tucker Company License #RB15000274 Listed on: 03/19/2020

F.C. Tucker Company

Last Buyer's Agent

Ray Eldridge

Carpenter, REALTORS®

Carpenter, REALTORS®

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,148

Year Built

  • Built in 1966

Lot Details

  • 0.35 Acre Lot
  • Cul-De-Sac

Parking

  • 2 Car Attached Garage
  • Driveway

Home Design

  • Traditional Architecture
  • Block Foundation
  • Stone

Interior Spaces

  • 2,135 Sq Ft Home
  • 1-Story Property
  • Vinyl Clad Windows
  • Combination Kitchen and Dining Room
  • Basement
  • Sump Pump

Kitchen

  • Electric Oven
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Shed

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Septic Tank

Community Details

  • Hanna Heights Subdivision

Listing and Financial Details

  • Assessor Parcel Number 491130103005000200

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,148

Year Built

Built in 1966

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: TraditonalAmerican
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2018
  • Year Built: 1966
  • Garage Y N: Yes
  • Lot Size Acres: 0.35
  • Subdivision Name: HANNA HEIGHTS
  • Inspection Warranties: Not Applicable
  • Property Description: HOME SWEET HOME!!This lovely WELL-MAINTAINED limestone ranch home on a quiet dead end road offers a Master Bedroom w/2 CLOSETS, Master Bath w/ DUAL SINKS, large Living w/ large window to let in NATURAL LIGHT, OPEN kitchen & dining room. Entertain in the HUGE basement that could be a game room,playroom,exercise room,craft room,etc; the possibilities are endless!Enjoy having BBQ's on the WOODEN DECK with a driveway that offers EXTRA PARKING, large shed for EXTRA STORAGE,newer HVAC/AC/roof and a water heater new September 2019. Home is being SOLD AS-IS. Close to downtown, interstates, grocery stores, shopping malls and hospitals. This home will not last long!
  • Transaction Type: Sale
  • Special Features: None

Interior Features

  • Basement: Yes
  • Basement Type: Walk-Out Access
  • Appliances: Dishwasher, Electric Oven, Refrigerator
  • Levels: One
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • Interior Amenities: Windows Vinyl
  • Living Area: 2135
  • Other Equipment: Sump Pump
  • Room Count: 8
  • Areas Interior: Foyer Large,Laundry in Basement
  • Eating Area: Dining Combo/Kitchen
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 2
  • Sq Ft Main Upper: 1425
  • Main Level Sq Ft: 1425
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Master Bedroom Description: Shower Stall Full,Sinks Double
  • Total Sq Ft: 2135
  • Below Grade Sq Ft: 710
  • Pct Optional Level Finished: 50-75%

Exterior Features

  • Construction Materials: Stone
  • Disclosures: Not Applicable
  • Exterior Features: Barn Mini, Driveway Concrete
  • Foundation Details: Block
  • List Price: 171900
  • Association Maintained Building Exterior: 0
  • Porch: Deck Main Level,Covered Porch

Garage/Parking

  • Garage Spaces: 2
  • Fuel: Gas
  • Garage Parking Description: Built-In

Utilities

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

Lot Info

  • Property Attached Yn: No
  • Parcel Number: 491130103005000200
  • Acres: 1/4-1/2 Acre
  • Lot Information: Cul-De-Sac
  • Lot Number: 5
  • Lot Size: 15,246

Green Features

  • Green Certification Y N: 0

Tax Info

  • Tax Annual Amount: 1148
  • Semi Annual Property Tax Amt: 574
  • Tax Exemption: HomesteadTaxExemption,None

MLS Schools

  • School District: Decatur Township

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 19, 2020
Closed on
Apr 28, 2020
Sold by
Hamm James A and Hamm Trina J
Bought by
Binishi Klement
Seller's Agent
Shawna Hargrave
F.C. Tucker Company
Buyer's Agent
Ray Eldridge
Carpenter, REALTORS®
List Price
$171,900
Sold Price
$170,000
Premium/Discount to List
-$1,900
-1.11%
Current Estimated Value
$275,211

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$105,211
Avg. Annual Appreciation
10.01%
Original Mortgage
$161,833
Outstanding Balance
$145,755
Interest Rate
3.62%
Mortgage Type
FHA
Estimated Equity
$135,624
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
Binishi Klement $170,000 Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Binishi Klement $161,833
Closed Binishi Klement $5,950
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/28/2020 04/28/20 Sold $170,000 -1.1% $80 / Sq Ft
03/19/2020 03/19/20 Pending -- -- --
03/19/2020 03/19/20 For Sale $171,900 -- $81 / 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 $3,282 $316,000 $14,400 $301,600
2023 $3,282 $280,400 $14,400 $266,000
2022 $2,873 $225,700 $14,400 $211,300
2021 $2,250 $184,200 $14,400 $169,800
2020 $1,417 $125,900 $14,400 $111,500
2019 $1,383 $111,600 $14,400 $97,200
2018 $1,274 $103,600 $14,400 $89,200
2017 $1,243 $100,900 $14,400 $86,500
2016 $1,301 $106,200 $14,400 $91,800
2014 $1,072 $97,300 $14,400 $82,900
2013 $981 $97,300 $14,400 $82,900
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2020

    Shawna Hargrave

    F.C. Tucker Company

    (317) 523-2744

    49 Total Sales

    Section Image

  • R

    Buyer's Agent in 2020

    Ray Eldridge

    Carpenter, REALTORS®

    Section Image
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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21700033

MIBOR Broker Listing Cooperative®

APN: 49-11-30-103-005.000-200

Indiana Marion County Indianapolis 46221 Mars Hill

3948 Rainbow View Dr, Indianapolis, IN

This home is located at 3948 Rainbow View Dr, Indianapolis, IN 46221 since 19 March 2020 and is currently estimated at $275,211, approximately $128 per square foot. This property was built in 1966. 3948 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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