NOT LISTED FOR SALE

4516 Rainbow Ct Indianapolis, IN 46221

Mars Hill Neighborhood

Estimated Value: $200,000 - $220,519

3 Beds
2 Baths
1,170 Sq Ft
$182/Sq Ft Est. Value

Last Sold September 14, 2015

Last sale price $94,900 $81 Per Sq Ft

Est. 124% increase in value since last sale

Current estimated payment $1,327/month

4 Days on Market

Highlights

  • Mature Trees
  • Ranch Style House
  • No HOA
  • Deck
  • Separate Formal Living Room
  • 3 Car Detached Garage

About This Home

As of September 2015

WONDERFULLY UPDATED 3 BR/2 FULL BATHROOM RANCH ON A CUL-DE-SAC LOT IN DECATUR TOWNSHIP SCHLS. UPDATES INCLUDE ALL NEW KITCHEN APPLIANCES, NEW DIMENSIONAL SHINGLE ROOF ON HOUSE, NEW A/C, NEW CARPETING & FRESHLY PAINTED INTERIOR. HOME FEATURES LRG FRONT & REAR WOOD DECKS, A HUGE 960 SQ FT 3 CAR DET GAR/WORKSHOP W/ FORCED AIR HEATING & COOLING, LRG LAUNDRY RM, LOTS OF COUNTER & CABINET SPACE IN KIT, CERAMIC TILE IN KIT, DR & LAUNDRY RM & SO MUCH MORE. A MUST SEE!

Last Agent to Sell the Property

Gary Apter

Apter Properties, LLC Brokerage Email: gmapter@apterproperties.com License #RB14022821 Listed on: 08/05/2015

Co-Listed By

Peggy Board

Dropped Members Brokerage Email: gmapter@apterproperties.com

Last Buyer's Agent

Jacqueline Trout-Huser

Trout Realty Co, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,362

Year Built

  • Built in 1970

Lot Details

  • 9,148 Sq Ft Lot
  • Cul-De-Sac
  • Mature Trees

Parking

  • 3 Car Detached Garage
  • Heated Garage
  • Workshop in Garage
  • Garage Door Opener

Home Design

  • Ranch Style House
  • Vinyl Siding

Interior Spaces

  • 1,170 Sq Ft Home
  • Thermal Windows
  • Vinyl Clad Windows
  • Window Screens
  • Separate Formal Living Room
  • Combination Kitchen and Dining Room

Kitchen

  • Electric Oven
  • Built-In Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Deck
  • Shed
  • Storage Shed

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas
  • Gas Water Heater

Community Details

  • No Home Owners Association
  • Cloverleaf Village Subdivision

Listing and Financial Details

  • Legal Lot and Block 15 / 1ST SEC
  • Assessor Parcel Number 491131100020000200

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,362

Year Built

Built in 1970

Lot Details

0

Parking

3

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: Ranch
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2014
  • Year Built: 1970
  • Building Area Total: 1170
  • Garage Y N: Yes
  • Lot Size Acres: 0.21
  • Subdivision Name: Cloverleaf Village
  • Inspection Warranties: Not Applicable
  • Transaction Type: Sale
  • MBR_AttributionContact: gmapter@apterproperties.com
  • Attribution Contact: gmapter@apterproperties.com
  • Special Features: None

Interior Features

  • Basement: No
  • Appliances: Dishwasher, Disposal, MicroHood, Electric Oven, Refrigerator, Gas Water Heater, Water Softener Owned
  • Levels: One
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • Interior Amenities: Screens Complete, Windows Thermal, Windows Vinyl
  • Living Area: 1170
  • Main Level Bedrooms: 3
  • Areas Interior: Living Room Formal
  • Eating Area: Dining Combo/Kitchen
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 2
  • Main Level Sq Ft: 1170
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Kitchen Features: Kitchen Updated
  • Upper Level Sq Ft: 0
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Construction Materials: Vinyl Siding
  • Disclosures: Not Applicable
  • Exterior Features: Storage Shed
  • Fencing: Partial
  • List Price: 94900
  • Patio And Porch Features: Deck Main Level

Garage/Parking

  • Garage Spaces: 3
  • Parking Features: Detached, Garage Door Opener, Heated, Storage, Workshop in Garage
  • Garage Parking Other: Service Door

Utilities

  • Utilities: Cable Available
  • Cooling: Central Electric
  • Heating: Forced Air, Gas
  • Water Source: Municipal/City
  • Solid Waste: No

Condo/Co-op/Association

  • Association YN: No

Lot Info

  • Lot Features: Cul-De-Sac, Street Lights, Mature Trees
  • Property Attached Yn: No
  • Additional Parcels: No
  • Lot Size Sq Ft: 9148
  • Parcel Number: 491131100020000200
  • Acres: <1/4 Acre

Tax Info

  • Tax Annual Amount: 1362
  • Tax Block: 1ST SEC
  • Tax Lot: 15
  • Semi Annual Property Tax Amt: 681
  • Tax Exemption: Homestead Tax Exemption,Mortage Tax Exemption

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 5, 2015
Closed on
Sep 14, 2015
Sold by
Apter Properties Llc
Bought by
Miller Christopher B
Seller's Agent
Gary Apter
Apter Properties, LLC
Buyer's Agent
Jacqueline Trout-Huser
Trout Realty Co, LLC
List Price
$94,900
Sold Price
$94,900
Current Estimated Value
$212,630

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$117,730
Avg. Annual Appreciation
8.30%
Original Mortgage
$85,410
Outstanding Balance
$67,130
Interest Rate
3.93%
Mortgage Type
New Conventional
Estimated Equity
$145,500

Purchase Details

Closed on
May 28, 2015
Sold by
Corder Eric L
Bought by
Apter Properties Llc
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
Miller Christopher B -- None Available
Apter Properties Llc $50,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Miller Christopher B $85,410
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/13/2015 12/13/15 Off Market $94,900 -- --
09/14/2015 09/14/15 Sold $94,900 0.0% $81 / Sq Ft
08/10/2015 08/10/15 Pending -- -- --
08/05/2015 08/05/15 For Sale $94,900 -- $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 $2,539 $184,900 $13,900 $171,000
2023 $2,539 $167,100 $13,900 $153,200
2022 $2,359 $151,300 $13,900 $137,400
2021 $1,927 $121,000 $13,900 $107,100
2020 $1,826 $127,800 $13,900 $113,900
2019 $1,760 $111,800 $13,900 $97,900
2018 $1,609 $102,900 $13,900 $89,000
2017 $1,710 $103,200 $13,900 $89,300
2016 $1,617 $100,100 $13,900 $86,200
2014 $1,315 $95,600 $13,900 $81,700
2013 -- $88,800 $13,900 $74,900
Source: Public Records

Agents Affiliated with this Home

  • G

    Seller's Agent in 2015

    Gary Apter

    Apter Properties, LLC

    (317) 590-5441

    1 in this area

    42 Total Sales

    Gary Apter
    Section Image

  • P

    Seller Co-Listing Agent in 2015

    Peggy Board

    Dropped Members

  • J

    Buyer's Agent in 2015

    Jacqueline Trout-Huser

    Trout Realty Co, LLC

    Section Image
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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21369168

MIBOR Broker Listing Cooperative®

APN: 49-11-31-100-020.000-200

Indiana Marion County Indianapolis 46221 Mars Hill

4516 Rainbow Ct, Indianapolis, IN

This home is located at 4516 Rainbow Ct, Indianapolis, IN 46221 since 05 August 2015 and is currently estimated at $212,630, approximately $181 per square foot. This property was built in 1970. 4516 Rainbow Ct 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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