NOT LISTED FOR SALE

5662 Rains Ln Indianapolis, IN 46254

Snacks/Guion Creek Neighborhood

Estimated Value: $279,000 - $313,000

5 Beds
2.5 Baths
2,956 Sq Ft
$101/Sq Ft Est. Value

Last Sold June 07, 2021

Last sale price $250,000 $85 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $1,999/month

Highlights

  • Traditional Architecture
  • 2 Car Attached Garage
  • Walk-In Closet
  • Screened Porch
  • Woodwork
  • Forced Air Heating and Cooling System

About This Home

As of June 2021

Very well maintained home, 4-5 Bedrooms, partially finished basement, workshop, on lake, 12x10 screened porch, Upstairs Rec. Room could be 5th bedroom, Formal LR & DR, Family Room, laundry room, Owner's Suite w/walk-in closet/double sinks. All appliances stay in kitchen & washer and dryer.

Last Agent to Sell the Property

Randy Hazel

F.C. Tucker Company License #RB14013438 Listed on: 04/27/2021

F.C. Tucker Company

Last Buyer's Agent

Mandy Sheckles

F.C. Tucker Company

F.C. Tucker Company

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,666

Year Built

  • Built in 1995

Lot Details

  • 8,063 Sq Ft Lot

Parking

  • 2 Car Attached Garage
  • Driveway

Home Design

  • Traditional Architecture
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 2-Story Property
  • Woodwork
  • Combination Kitchen and Dining Room
  • Screened Porch
  • Finished Basement
  • Partial Basement
  • Dryer

Kitchen

  • Gas Oven
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet

Utilities

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

Community Details

  • Association fees include clubhouse, maintenance, parkplayground, pool, management, snow removal, tennis court(s)
  • Liberty Creek North Subdivision
  • Property managed by OMI
  • The community has rules related to covenants, conditions, and restrictions

Listing and Financial Details

  • Assessor Parcel Number 490501101047000600

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,666

Year Built

Built in 1995

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: TraditonalAmerican
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2019
  • Year Built: 1995
  • Garage Y N: Yes
  • Lot Size Acres: 0.1851
  • Subdivision Name: LIBERTY CREEK NORTH
  • Inspection Warranties: Not Applicable
  • Property Description: Very well maintained home, 4-5 Bedrooms, partially finished basement, workshop, on lake, 12x10 screened porch, Upstairs Rec. Room could be 5th bedroom, Formal LR & DR, Family Room, laundry room, Owner's Suite w/walk-in closet/double sinks. All appliances stay in kitchen & washer and dryer.
  • Transaction Type: Sale
  • Accessibility Features YN: 0
  • Special Features: None

Interior Features

  • Basement: Yes
  • Basement Type: Finished, Partial
  • Appliances: Dishwasher, Dryer, Disposal, Microwave, Gas Oven
  • Levels: Two
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Total Bedrooms: 5
  • Fireplace Features: None
  • Interior Amenities: Walk-in Closet(s), Wood Work Stained
  • Living Area: 2956
  • Other Equipment: Not Applicable
  • Room Count: 12
  • Areas Interior: Living Room Formal,Laundry Room Main Level
  • Eating Area: Dining Combo/Kitchen
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 0
  • Sq Ft Main Upper: 2220
  • Main Level Sq Ft: 990
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 1
  • Master Bedroom Description: Closet Walk in,Sinks Double,Suite,Tub Full with Separate Shower
  • Total Sq Ft: 2956
  • Kitchen Features: Pantry
  • Below Grade Sq Ft: 736
  • Upper Level Sq Ft: 1230
  • Pct Optional Level Finished: 50-75%

Exterior Features

  • Construction Materials: Vinyl Siding
  • Disclosures: Not Applicable
  • Exterior Features: Driveway Concrete
  • Foundation Details: Concrete Perimeter
  • List Price: 235000
  • Association Maintained Building Exterior: 0
  • Porch: Screened in Porch

Garage/Parking

  • Garage Spaces: 2
  • Fuel: Gas
  • Garage Parking Description: Attached
  • Garage Parking Other: Garage Door Opener
  • Garage Sq Ft: 400

Utilities

  • Sewer: Sewer Connected
  • Cooling: Central Air
  • Heating: Forced Air
  • Water Source: Public
  • Solid Waste: 1
  • Utility Options: Cable Available,Gas Connected
  • Water Heater: Electric

Condo/Co-op/Association

  • Association Fee Frequency: Annually
  • Management Company Name: OMI
  • Management Company Phone: 888-541-0018
  • H O A Disclosures: Covenants & Restrictions

Fee Information

  • Association Fee Includes: Clubhouse, Entrance Common, Maintenance, ParkPlayground, Pool, Management, Snow Removal, Tennis Court(s)
  • Mandatory Fee: 300

Lot Info

  • Property Attached Yn: No
  • Parcel Number: 490501101047000600
  • Acres: <1/4 Acre
  • Lot Information: Cul-De-Sac,Pond,Sidewalks
  • Lot Number: 462
  • Lot Size: 8,063

Green Features

  • Green Certification Y N: 0

Tax Info

  • Tax Annual Amount: 1666
  • Semi Annual Property Tax Amt: 833
  • Tax Exemption: HomesteadTaxExemption,MortageTaxExemption

MLS Schools

  • School District: Pike Township

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 19, 2021
Sold by
Progress Indianapolis Llc
Bought by
Progress Residential Borrower 18 Llc
Current Estimated Value
$299,840

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$537,170,000
Outstanding Balance
$491,188,178
Interest Rate
2.99%
Mortgage Type
Commercial
Estimated Equity
-$490,888,338

Purchase Details

Listed on
Apr 27, 2021
Closed on
Jun 1, 2021
Sold by
Phillips John J and Phillips Linda S
Bought by
Progress Indianapolis Llc
Seller's Agent
Randy Hazel
F.C. Tucker Company
Buyer's Agent
Mandy Sheckles
F.C. Tucker Company
List Price
$235,000
Sold Price
$250,000
Premium/Discount to List
$15,000
6.38%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.23%
Source: Public Records

Range of Values:

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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
Progress Residential Borrower 18 Llc -- None Available
Progress Indianapolis Llc $250,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Progress Residential Borrower 18 Llc $537,170,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/07/2021 06/07/21 Sold $250,000 +6.4% $85 / Sq Ft
04/28/2021 04/28/21 Pending -- -- --
04/27/2021 04/27/21 For Sale $235,000 -- $79 / 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 $5,110 $321,000 $31,400 $289,600
2023 $5,110 $251,100 $31,400 $219,700
2022 $5,462 $223,400 $31,400 $192,000
2021 $2,001 $191,700 $16,600 $175,100
2020 $1,834 $175,200 $16,600 $158,600
2019 $1,746 $166,500 $16,600 $149,900
2018 $1,596 $151,700 $16,600 $135,100
2017 $1,525 $144,800 $16,600 $128,200
2016 $1,462 $138,700 $16,600 $122,100
2014 $1,339 $133,900 $16,600 $117,300
2013 $1,201 $130,000 $16,600 $113,400
Source: Public Records

Agents Affiliated with this Home

  • Randy Hazel

    Seller's Agent in 2021

    Randy Hazel

    F.C. Tucker Company

    (317) 590-7482

    1 in this area

    59 Total Sales

    Randy Hazel
    Section Image

  • M

    Buyer's Agent in 2021

    Mandy Sheckles

    F.C. Tucker Company

    Section Image
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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21781322

MIBOR Broker Listing Cooperative®

APN: 49-05-01-101-047.000-600

Indiana Marion County Indianapolis 46254 Snacks/Guion Creek

5662 Rains Ln, Indianapolis, IN

This home is located at 5662 Rains Ln, Indianapolis, IN 46254 since 27 April 2021 and is currently estimated at $299,840, approximately $101 per square foot. This property was built in 1995. 5662 Rains Ln is a home located in Marion County with nearby schools including Pike High School and The Children's House.

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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