NOT LISTED FOR SALE

97 Rainbow Blvd Indianapolis, IN 46234

Estimated Value: $293,313 - $336,000

3 Beds
2 Baths
1,480 Sq Ft
$207/Sq Ft Est. Value

Last Sold February 29, 2024

Last sale price $285,000 $193 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $1,827/month

107 Days on Market

Highlights

  • Deck
  • Ranch Style House
  • No HOA
  • Maple Elementary School Rated A
  • Wood Flooring
  • Formal Dining Room

About This Home

As of February 2024

Discover your dream home in Rainbow Acres! This charming brick ranch boasts a spacious lot, no HOA, and city utilities. Recent upgrades include a new roof, fresh paint, and modern kitchen appliances. Inside, enjoy two living spaces, three bedrooms, and two full bathrooms, all adorned with beautiful hardwood floors. The expansive backyard features two insulated storage sheds with electricity, perfect for hobbies or storage, plus a bonus structure for a home office or art studio. Don't miss the endless possibilities this serene cul-de-sac property offers!

Last Agent to Sell the Property

Penny Dunn

CENTURY 21 Scheetz Brokerage Email: pdunn@c21scheetz.com License #RB14037926 Listed on: 09/29/2023

CENTURY 21 Scheetz

Last Buyer's Agent

Donald Wilder

Berkshire Hathaway Home

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,440

Year Built

  • Built in 1975

Lot Details

  • 0.45 Acre Lot

Parking

  • 2 Car Attached Garage

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Block Foundation

Interior Spaces

  • 1,480 Sq Ft Home
  • Paddle Fans
  • Gas Log Fireplace
  • Vinyl Clad Windows
  • Entrance Foyer
  • Family Room with Fireplace
  • Formal Dining Room
  • Wood Flooring
  • Fire and Smoke Detector
  • Washer and Dryer Hookup

Kitchen

  • Electric Oven
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Deck
  • Shed
  • Storage Shed
  • Outbuilding

Schools

  • Avon High School

Utilities

  • Heat Pump System
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Rainbow Acres Subdivision

Listing and Financial Details

  • Tax Lot 25
  • Assessor Parcel Number 320905460018000022

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,440

Year Built

Built in 1975

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: Ranch
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2023
  • Year Built: 1975
  • Building Area Total: 1480
  • Garage Y N: Yes
  • Lot Size Acres: 0.45
  • Subdivision Name: Rainbow Acres
  • Transaction Type: Sale
  • Accessibility Features YN: No
  • MBR_AttributionContact: pdunn@c21scheetz.com
  • Attribution Contact: pdunn@c21scheetz.com
  • Special Features: VirtualTour

Interior Features

  • Basement: No
  • Appliances: Dishwasher, Electric Water Heater, Disposal, Microwave, Electric Oven, Refrigerator
  • Levels: One
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Family Room, Gas Log
  • Fireplaces: 1
  • Interior Amenities: Entrance Foyer, Paddle Fan, Hardwood Floors, Windows Vinyl
  • Living Area: 1480
  • Other Equipment: Smoke Alarm
  • Areas Interior: Laundry in Garage,Living Room Formal
  • Eating Area: Formal Dining Room
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 2
  • Main Level Sq Ft: 1480
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Construction Materials: Brick
  • Exterior Features: Barn Mini, Out Building With Utilities, Storage Shed
  • Foundation Details: Block
  • Patio And Porch Features: Deck Main Level

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Attached

Utilities

  • Cooling: Central Electric
  • Electric: 100 Amp Service
  • Heating: Heat Pump
  • Laundry Features: Connections All
  • Water Source: Municipal/City
  • Solid Waste: No

Condo/Co-op/Association

  • Association YN: No
  • Community Features: None

Lot Info

  • Property Attached Yn: No
  • Additional Parcels: No
  • Horse Amenities: None
  • Lot Size Sq Ft: 19740
  • Parcel Number: 320905460018000022
  • Acres: 1/4-1/2 Acre

Green Features

  • Green Certification Y N: No

Tax Info

  • Tax Annual Amount: 4440
  • Tax Lot: 25
  • Semi Annual Property Tax Amt: 2220
  • Tax Exemption: None

MLS Schools

  • High School: Avon High School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 29, 2023
Closed on
Feb 29, 2024
Sold by
Schanz Nicholas E and Floyd A Schanz Living Trust
Bought by
Swazay Angela
Seller's Agent
Penny Dunn
CENTURY 21 Scheetz
Buyer's Agent
Donald Wilder
Berkshire Hathaway Home
List Price
$289,900
Sold Price
$285,000
Premium/Discount to List
-$4,900
-1.69%
Views
1699
Current Estimated Value
$306,078

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$21,078
Avg. Annual Appreciation
4.39%
Original Mortgage
$270,750
Outstanding Balance
$266,221
Interest Rate
6.6%
Mortgage Type
New Conventional
Estimated Equity
$39,857

Purchase Details

Closed on
Dec 20, 2006
Sold by
Schanz Floyd A
Bought by
Schanz Floyd A

Purchase Details

Closed on
Nov 4, 2005
Sold by
Schanz Floyd A and Schanz Margaret R
Bought by
Schanz David A and Schanz David F
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
Swazay Angela -- None Listed On Document
Schanz Floyd A -- None Available
Schanz David A -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Swazay Angela $270,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/29/2024 02/29/24 Sold $285,000 -1.7% $193 / Sq Ft
01/15/2024 01/15/24 Pending -- -- --
12/18/2023 12/18/23 For Sale $289,900 0.0% $196 / Sq Ft
12/18/2023 12/18/23 Pending -- -- --
12/08/2023 12/08/23 Price Changed $289,900 -1.7% $196 / Sq Ft
10/09/2023 10/09/23 Price Changed $295,000 -6.3% $199 / Sq Ft
09/29/2023 09/29/23 For Sale $315,000 -- $213 / 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 $2,608 $237,100 $33,700 $203,400
2023 $4,650 $207,100 $30,700 $176,400
2022 $4,439 $197,800 $29,200 $168,600
2021 $1,961 $169,500 $29,200 $140,300
2020 $2,001 $171,500 $29,200 $142,300
2019 $1,884 $161,800 $27,600 $134,200
2018 $1,918 $159,300 $27,600 $131,700
2017 $1,573 $150,700 $26,300 $124,400
2016 $1,534 $146,200 $26,300 $119,900
2014 $1,515 $143,700 $25,700 $118,000
Source: Public Records

Agents Affiliated with this Home

  • Penny Dunn

    Seller's Agent in 2024

    Penny Dunn

    CENTURY 21 Scheetz

    (317) 508-4908

    1 in this area

    187 Total Sales

    Penny Dunn
    Section Image

  • D

    Buyer's Agent in 2024

    Donald Wilder

    Berkshire Hathaway Home

  • Don Wilder

    Buyer's Agent in 2024

    Don Wilder

    Berkshire Hathaway Home

    (317) 727-5446

    10 in this area

    159 Total Sales

    Don Wilder
    Section Image
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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21946080

MIBOR Broker Listing Cooperative®

APN: 32-09-05-460-018.000-022

Indiana Hendricks County Indianapolis 46234

97 Rainbow Blvd, Indianapolis, IN

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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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