NOT LISTED FOR SALE

514 Rainbow Dr Kokomo, IN 46902

Estimated Value: $183,000 - $195,634

3 Beds
2 Baths
1,392 Sq Ft
$137/Sq Ft Est. Value

Last Sold May 23, 2014

Last sale price $78,000 $56 Per Sq Ft

Est. 144% increase in value since last sale

Current estimated payment $1,145/month

105 Days on Market

Highlights

  • Ranch Style House
  • 2 Car Attached Garage
  • Forced Air Heating and Cooling System
  • Screened Porch
  • Tile Flooring
  • Ceiling Fan

About This Home

As of May 2014

#5976 Move in Ready 3 Bedroom 2 Full Bath Brick home with Spacious Living Room featuring a Fireplace with Shelving, Fully Applianced Kitchen with Eat in Area and separate Dining Room with Built In Shelving. Huge Utility Room with Full Bath and access to Screened Porch and Garage. Nice Sized Bedrooms with Cedar Lined Closets. 2 Car Attached Garage with Workbench and a wall of Cabinets for all your storage needs.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,719

Year Built

  • Built in 1955

Lot Details

  • 0.33 Acre Lot
  • Lot Dimensions are 92 x 127
  • Level Lot

Home Design

  • Ranch Style House
  • Brick Exterior Construction

Interior Spaces

  • Ceiling Fan
  • Living Room with Fireplace
  • Screened Porch
  • Crawl Space
  • Pull Down Stairs to Attic
  • Fire and Smoke Detector
  • Disposal
  • Electric Dryer Hookup

Flooring

  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 34-10-07-351-020.000-002

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,719

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1955
  • Age: 59
  • Style: One Story
  • Architectural Style: Ranch
  • Total Number of Rooms: 7
  • Bedrooms: 3
  • Number Above Grade Bedrooms: 3
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: RAINBOW VILLAGE LOTS A & 9
  • Parcel Number ID: 34-10-07-351-020.000-002
  • Platted: Yes
  • Amenities: Attic Pull Down Stairs, Cable Available, Cable Ready, Ceiling Fan(s), Detector-Smoke, Disposal, Dryer Hook Up Electric, Garage Door Opener, Porch Screened
  • Sp Lp Percent: 91.77
  • Special Features: None

Interior Features

  • Total Sq Ft: 1392
  • Total Finished Sq Ft: 1392
  • Above Grade Finished Sq Ft: 1392
  • Basement Foundation: Crawl
  • Number Of Fireplaces: 1
  • Fireplace: Living/Great Rm
  • Flooring: Tile, Vinyl
  • Living Great Room: Dimensions: 24x13, On Level: Main
  • Kitchen: Dimensions: 14x11, On Level: Main
  • Dining Room: Dimensions: 11x9, On Level: Main
  • Bedroom 1: Dimensions: 14x10, On Level: Main
  • Bedroom 2: Dimensions: 10x9, On Level: Main
  • Bedroom 3: Dimensions: 10x10, On Level: Main
  • Other Room1: Dimensions: 16x12, On Level: Main
  • Main Level Sq Ft: 1392
  • Number of Main Level Full Bathrooms: 2

Exterior Features

  • Exterior: Brick
  • Outbuilding1: None

Garage/Parking

  • Garage Type: Attached
  • Garage Number Of Cars: 2
  • Garage Size: Dimensions: 20x20
  • Garage Sq Ft: 400

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas, Forced Air
  • Sewer: City
  • Water Utilities: City
  • Laundry: Dimensions: 15xMain, On Level: 8

Schools

  • School District: Kokomo-Center Township Cons. S.D.
  • High School: Kokomo

Lot Info

  • Lot Description: Level
  • Lot Dimensions: 92 X 127
  • Estimated Lot Sq Ft: 14375
  • Estimated Lot Size Acres: 0.33

Tax Info

  • Annual Taxes: 1719

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 2, 2013
Closed on
May 23, 2014
Sold by
Shelly Crane
Bought by
Sharon E Ward
List Price
$84,999
Sold Price
$78,000
Premium/Discount to List
-$6,999
-8.23%
Current Estimated Value
$190,159

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$112,159
Avg. Annual Appreciation
7.57%
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
Sharon E Ward $78,000 Metropolitan Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ward Sharon E $21,000
Open Ward Sharon E $92,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/23/2014 05/23/14 Sold $78,000 -8.2% $56 / Sq Ft
03/17/2014 03/17/14 Pending -- -- --
12/02/2013 12/02/13 For Sale $84,999 -- $61 / Sq Ft
Source: Indiana Regional MLS

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 $1,296 $161,800 $28,200 $133,600
2023 $1,296 $129,600 $21,500 $108,100
2022 $1,239 $125,700 $21,500 $104,200
2021 $1,203 $122,000 $21,500 $100,500
2020 $1,132 $114,900 $21,500 $93,400
2019 $1,006 $102,700 $16,600 $86,100
2018 $733 $91,800 $16,600 $75,200
2017 $615 $83,100 $16,600 $66,500
2016 $570 $81,800 $16,600 $65,200
2014 $600 $85,600 $18,000 $67,600
2013 $1,704 $85,200 $18,000 $67,200
Source: Public Records

Map

Source: Indiana Regional MLS

MLS Number: 983853

Indiana Regional MLS

APN: 34-10-07-351-020.000-002

Indiana Howard County Kokomo 46902

514 Rainbow Dr, Kokomo, IN

This home is located at 514 Rainbow Dr, Kokomo, IN 46902 since 02 December 2013 and is currently estimated at $190,159, approximately $136 per square foot. This property was built in 1955. 514 Rainbow Dr is a home located in Howard County with nearby schools including Elwood Haynes Elementary School, Maple Crest Middle School, and Kokomo 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.

Indiana Regional MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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