NOT LISTED FOR SALE

4080 Rainbow View Dr Indianapolis, IN 46221

Mars Hill Neighborhood

Estimated Value: $207,000 - $266,000

3 Beds
2 Baths
2,050 Sq Ft
$112/Sq Ft Est. Value

Sale Details

Date Sold: August 19, 2016

Last sale price $117,000 $57 Per Sq Ft

Est. 96% increase in value since last sale

Current estimated payment $1,399 / mo

6 Days on Market

Highlights

  • 0.46 Acre Lot
  • Ranch Style House
  • Porch
  • Mature Trees
  • 2 Fireplaces
  • Central Air

About This Home

As of August 2016

This home is located at 4080 Rainbow View Dr, Indianapolis, IN 46221 since 24 July 2016 and is currently estimated at $229,830, approximately $112 per square foot. This property was built in 1959. 4080 Rainbow View Dr is a home located in Marion County with nearby schools including Blue Academy, Decatur Middle School, and Decatur Central High School.

Last Agent to Sell the Property

Lindsey Smalling

Highgarden Real Estate License #RB14038038 Listed on: 07/24/2016

Last Buyer's Agent

Derek Gutting

Keller Williams Indpls Metro N

Keller Williams Indpls Metro N

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,020

Year Built

  • Built in 1959

Lot Details

  • 20,038 Sq Ft Lot
  • Mature Trees

Parking

  • Garage

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Block Foundation

Interior Spaces

  • 2,050 Sq Ft Home
  • 2 Fireplaces
  • Basement
  • Laundry in Basement

Bedrooms and Bathrooms

  • 3 Bedrooms

Outdoor Features

  • Porch

Utilities

  • Central Air
  • Heating System Uses Gas
  • Well
  • Gas Water Heater
  • Septic Tank

Community Details

  • Rolling Knolls Subdivision

Listing and Financial Details

  • Assessor Parcel Number 491131105077000200

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,020

Year Built

Built in 1959

Lot Details

0.46 Acres

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: Ranch
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2015
  • Year Built: 1959
  • Garage Y N: Yes
  • Lot Size Acres: 0.46
  • Subdivision Name: ROLLING KNOLLS
  • Inspection Warranties: Not Applicable
  • Transaction Type: Sale
  • F H A Certified: 0
  • Special Features: None

Interior Features

  • Basement: Yes
  • Basement Type: Finished,Daylight/Lookout Windows
  • Appliances: Dishwasher,Dryer,Disposal,MicroHood,Electric Oven,Refrigerator,Washer
  • Levels: One
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Basement,Family Room,Gas Log,Living Room
  • Fireplaces: 2
  • Interior Amenities: Attic Access,Walk-in Closet(s),Wet Bar,Window Bay Bow,Windows Thermal,Wood Work Stained
  • Living Area: 2050
  • Other Equipment: CO Detectors,Iron Filter,Smoke Detector,Sump Pump,Water Purifier,Water-Softener Owned
  • Room Count: 10
  • Areas Interior: Laundry in Basement
  • Eating Area: Breakfast Bar,Dining Combo/Kitchen,Kitchen Updated,Pantry
  • Basement Full Bathrooms: 1
  • Main Level Full Bathrooms: 1
  • Sq Ft Main Upper: 1025
  • Main Level Sq Ft: 1025
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Master Bedroom Description: Main Level,Suite
  • Total Sq Ft: 2050
  • Below Grade Sq Ft: 1025
  • Upper Level Sq Ft: 0
  • Pct Optional Level Finished: 75+%
  • Optional Level Below Grade: Daylight Window Basement

Exterior Features

  • Construction Materials: Brick
  • Disclosures: Not Applicable
  • Exterior Features: Barn Mini,Driveway Asphalt,Fence Partial
  • Foundation Details: Block
  • Association Maintained Building Exterior: 0
  • Porch: Porch Open

Garage/Parking

  • Fuel: Gas
  • Garage Parking Description: 2 Car Attached
  • Garage Parking Other: Garage Door Opener,Finished Garage,Keyless Entry,Service Door

Utilities

  • Sewer: Septic Tank
  • Cooling: Central Air
  • Heating: Electronic Air Filter,Forced Air,Humidifier
  • Water Source: Well
  • Solid Waste: 1
  • Utility Options: Cable Connected,Gas Available,High Speed Internet Avail
  • Water Heater: Gas

Lot Info

  • Property Attached Yn: No
  • Parcel Number: 491131105077000200
  • Acres: 1/4-1/2 Acre
  • Lot Information: Tree Mature
  • Lot Number: 44
  • Lot Size: 0.46

Green Features

  • Green Certification Y N: 0

Tax Info

  • Tax Annual Amount: 1020
  • Semi Annual Property Tax Amt: 510
  • Tax Exemption: HomesteadTaxExemption,OtherTaxExemption/See Remarks

MLS Schools

  • School District: Decatur Township

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 8, 2019
Sold by
Sabella Kimberly Sue and Sanchez Kimberly S
Bought by
Sabella Alfonso Ricardo and Sabella Kimberly Sue
Current Estimated Value
$229,830

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,000
Outstanding Balance
$116,983
Interest Rate
4.4%
Mortgage Type
VA
Estimated Equity
$112,847

Purchase Details

Listed on
Jul 24, 2016
Closed on
Aug 19, 2016
Sold by
Cavanaugh Michael and Cavanaugh Sally
Bought by
Sanchez Kimberly S
Seller's Agent
Lindsey Smalling
Highgarden Real Estate
Buyer's Agent
Derek Gutting
Keller Williams Indpls Metro N
List Price
$119,000
Sold Price
$117,000
Premium/Discount to List
-$2,000
-1.68%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.25%
Original Mortgage
$114,880
Interest Rate
3.45%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 26, 2011
Sold by
Allen Ann C and Allen John F
Bought by
Cavanaugh Michael and Cavanaugh Sally

Purchase Details

Closed on
Apr 16, 2009
Sold by
Cox Ann C
Bought by
Allen Ann C and Allen John F
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Sabella Alfonso Ricardo -- None Available
Sanchez Kimberly S -- Chicago Title Company Llc
Cavanaugh Michael -- Chicago Title Mooresville
Allen Ann C -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sabella Alfonso Ricardo $135,000
Closed Sanchez Kimberly S $114,880
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/19/2016 08/19/16 Sold $117,000 0.0% $57 / Sq Ft
07/24/2016 07/24/16 Off Market $117,000 -- --
07/24/2016 07/24/16 For Sale $119,000 -- $58 / Sq Ft
Source: MIBOR Broker Listing Cooperative®

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
2025 $2,075 $219,900 $17,700 $202,200
2024 $1,909 $187,100 $17,700 $169,400
2023 $1,909 $160,900 $17,700 $143,200
2022 $1,773 $148,300 $17,700 $130,600
2021 $1,490 $122,000 $17,700 $104,300
2020 $2,772 $122,000 $17,700 $104,300
2019 $1,260 $103,500 $17,700 $85,800
2018 $1,162 $96,200 $17,700 $78,500
2017 $1,059 $90,700 $17,700 $73,000
2016 $1,044 $90,700 $17,700 $73,000
2014 $950 $86,900 $17,700 $69,200
2013 $863 $86,900 $17,700 $69,200
Source: Public Records

Agents Affiliated with this Home

  • Lindsey Smalling

    Seller's Agent in 2016

    Lindsey Smalling

    Highgarden Real Estate

    (317) 205-4320

    26 in this area

    1,276 Total Sales

    Lindsey Smalling
    Section Image

  • D

    Buyer's Agent in 2016

    Derek Gutting

    Keller Williams Indpls Metro N

    Section Image
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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21432228

MIBOR Broker Listing Cooperative®

APN: 49-11-31-105-077.000-200

Indiana Marion County Indianapolis 46221 Mars Hill

4080 Rainbow View Dr, Indianapolis, IN

Not Listed for Sale

Detached

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.
Based on information submitted to the MLS GRID

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