NOT LISTED FOR SALE

4605 Rainbow View Dr Indianapolis, IN 46221

Mars Hill Neighborhood

Estimated Value: $184,000 - $193,000

3 Beds
1 Bath
912 Sq Ft
$207/Sq Ft Est. Value

Last Sold November 10, 2023

Last sale price $173,000 $190 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $1,155/month

14 Days on Market

Highlights

  • Ranch Style House
  • No HOA
  • Eat-In Kitchen
  • Corner Lot
  • 1 Car Attached Garage
  • Shed

About This Home

As of November 2023

This adorable home has been refreshed in the last few years, including new flooring in living room and primary bedroom, new 6 ft privacy fence, newer roof, bedroom windows, A/C unit, refrigerator and dishwasher. This home sits on a corner lot in an established neighborhood with no HOA. Close to I465, I70 and the Indianapolis Airport.

Last Agent to Sell the Property

Sarah Noel

The Stewart Home Group Brokerage Email: sarah@thestewarthomegroup.com License #RB19001251 Listed on: 09/20/2023

Last Buyer's Agent

Lindsey Smalling

F.C. Tucker Company

F.C. Tucker Company

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $670

Year Built

  • Built in 1970

Lot Details

  • 9,365 Sq Ft Lot
  • Corner Lot

Parking

  • 1 Car Attached Garage

Home Design

  • Ranch Style House
  • Slab Foundation
  • Vinyl Construction Material

Interior Spaces

  • 912 Sq Ft Home
  • Combination Kitchen and Dining Room

Kitchen

  • Eat-In Kitchen
  • Gas Oven
  • Built-In Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Shed

Schools

  • Decatur Middle School
  • Decatur Central High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas

Community Details

  • No Home Owners Association
  • Cloverleaf Village Subdivision

Listing and Financial Details

  • Tax Lot 49-11-31-100-004.000-200
  • Assessor Parcel Number 491131100004000200

Home Details

Home Type

Single Family

Est. Annual Taxes

$670

Year Built

Built in 1970

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: Ranch
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2021
  • Year Built: 1970
  • Building Area Total: 912
  • Garage Y N: Yes
  • Lot Size Acres: 0.22
  • Subdivision Name: Cloverleaf Village
  • Inspection Warranties: General
  • Transaction Type: Sale
  • Accessibility Features YN: No
  • MBR_AttributionContact: sarah@thestewarthomegroup.com
  • Attribution Contact: sarah@thestewarthomegroup.com
  • Special Features: None

Interior Features

  • Basement: No
  • Appliances: Dishwasher, MicroHood, Gas Oven, Refrigerator
  • Levels: One
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 3
  • Interior Amenities: Hi-Speed Internet Availbl, Eat-in Kitchen
  • Living Area: 912
  • Main Level Bedrooms: 3
  • Eating Area: Dining Combo/Kitchen
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 1
  • Main Level Sq Ft: 912
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • ResoLivingAreaSource: Assessor
  • Rooms Basement: 0

Exterior Features

  • Construction Materials: Vinyl With Brick
  • Disclosures: Not Applicable
  • Exterior Features: Barn Mini
  • Foundation Details: Slab
  • List Price: 185000

Garage/Parking

  • Garage Spaces: 1
  • Parking Features: Attached
  • Garage Sq Ft: 288

Utilities

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

Condo/Co-op/Association

  • Association YN: No

Schools

  • Middle Or Junior School: Decatur Middle School

Lot Info

  • Lot Features: Corner Lot
  • Property Attached Yn: No
  • Lot Size Sq Ft: 9365
  • Parcel Number: 491131100004000200
  • Acres: <1/4 Acre
  • Price Acre: 786364

Green Features

  • Green Certification Y N: No

Tax Info

  • Tax Annual Amount: 670
  • Tax Lot: 49-11-31-100-004.000-200
  • Semi Annual Property Tax Amt: 335
  • Tax Exemption: Homestead Tax Exemption,Mortgage Tax Exemption

MLS Schools

  • High School: Decatur Central High School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 20, 2023
Closed on
Nov 10, 2023
Sold by
Norton Maria K
Bought by
Medina Leonardo
Seller's Agent
Sarah Noel
The Stewart Home Group
Buyer's Agent
Lindsey Smalling
F.C. Tucker Company
List Price
$190,000
Sold Price
$173,000
Premium/Discount to List
-$17,000
-8.95%
Total Days on Market
14
Views
33
Current Estimated Value
$188,703

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$15,703
Avg. Annual Appreciation
5.24%
Original Mortgage
$155,700
Outstanding Balance
$153,630
Interest Rate
7.49%
Mortgage Type
New Conventional
Estimated Equity
$36,238

Purchase Details

Listed on
Nov 20, 2021
Closed on
Jan 10, 2022
Sold by
Pasch James D
Bought by
Norton Maria K
Seller's Agent
Sarah Noel
The Stewart Home Group
Buyer's Agent
Sarah Noel
The Stewart Home Group
List Price
$150,000
Sold Price
$150,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.02%
Original Mortgage
$147,283
Interest Rate
3.11%
Mortgage Type
FHA

Purchase Details

Listed on
Nov 20, 2021
Closed on
Jan 4, 2022
Sold by
Pasch James D
Bought by
Norton Maria K
Seller's Agent
Sarah Noel
The Stewart Home Group
Buyer's Agent
Sarah Noel
The Stewart Home Group
List Price
$150,000
Sold Price
$150,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$147,283
Interest Rate
3.11%
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
Medina Leonardo $173,000 Quality Title
Norton Maria K -- Lenders Escrow & Title
Norton Maria K $150,000 Lenders Escrow & Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Medina Leonardo $155,700
Previous Owner Norton Maria K $147,283
Previous Owner Norton Maria K $147,283
Previous Owner Pasch Robin S $114,000
Previous Owner Pasch James D $68,000
Previous Owner Pasch James D $94,121
Previous Owner Pasch James D $88,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/10/2023 11/10/23 Sold $173,000 -6.5% $190 / Sq Ft
10/05/2023 10/05/23 Pending -- -- --
09/26/2023 09/26/23 Price Changed $185,000 -2.6% $203 / Sq Ft
09/20/2023 09/20/23 For Sale $190,000 +26.7% $208 / Sq Ft
01/04/2022 01/04/22 Sold $150,000 0.0% $164 / Sq Ft
11/20/2021 11/20/21 Pending -- -- --
11/20/2021 11/20/21 For Sale $150,000 -- $164 / 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 $1,548 $144,700 $15,900 $128,800
2023 $1,548 $134,000 $15,900 $118,100
2022 $1,040 $120,200 $14,300 $105,900
2021 $755 $79,400 $14,300 $65,100
2020 $720 $84,300 $14,300 $70,000
2019 $638 $74,200 $14,300 $59,900
2018 $613 $68,700 $14,300 $54,400
2017 $623 $68,700 $14,300 $54,400
2016 $593 $66,600 $14,300 $52,300
2014 $556 $64,600 $14,300 $50,300
2013 $520 $60,400 $14,300 $46,100
Source: Public Records

Agents Affiliated with this Home

  • Sarah Noel

    Seller's Agent in 2023

    Sarah Noel

    The Stewart Home Group

    (317) 831-1313

    5 in this area

    114 Total Sales

    Sarah Noel
    Section Image

  • L

    Buyer's Agent in 2023

    Lindsey Smalling

    F.C. Tucker Company

    Section Image

  • J

    Buyer Co-Listing Agent in 2023

    Jessica Orman

    F.C. Tucker Company

    Section Image
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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21944191

MIBOR Broker Listing Cooperative®

APN: 49-11-31-100-004.000-200

Indiana Marion County Indianapolis 46221 Mars Hill

4605 Rainbow View Dr, Indianapolis, IN

This home is located at 4605 Rainbow View Dr, Indianapolis, IN 46221 since 20 September 2023 and is currently estimated at $188,703, approximately $206 per square foot. This property was built in 1970. 4605 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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