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41 Rainbow Drive

41 Rainbow Drive, Rossville, IN 46065
House in Ross
Sold Sep 24, 2021
$234,500
$187,600 by Centier Bank
Mortgage Due Oct 01, 2051
Sold Dec 18, 2018
$243,400
$194,750 by Purdue Federal Cu
Mortgage Due Jan 01, 2049
Local assessors in Rossville, IN have categorized 41 Rainbow Drive as a residential type of property. The home was built in 2001 and is 23 years old. It was most recently renovated and altered in 2011. The property's lot size has been calculated to be 17,424 square feet. The linear feet between the front and back of the lot was measured at 1,850 ft and the front of the lot was measured at 950 ft. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 5 rooms in the home. Of these, 3 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 2 full bathrooms. There are also 2 partial bathrooms. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 41 Rainbow Drive has a total of 2,082 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. The home sources its water from a water system. The home is connected to a sewer system. Which is great for homeowners who want a more hands-off approach to handling their wastewater disposal. Additional features on the property are as follows. There is a attached garage for those who need a place to park their vehicle. The garage on the property is 672 sqft. There are 2 available parking spaces so it's a great situation for those with more than one car. Moving onto specific details regarding the building. Our sources show that the building condition is average. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with masonry control joints. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - C+. The building has a roof that is made of asphalt. Residents rely on central air conditioning for their cooling system. The home's a central heating system is the primary heating source. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. The property was last sold in Aug 19, 2021 for $234,500. That's $112.63 per sqft. Prior to that sales transaction, the property was also sold in Dec 14, 2018 for $243,400. 41 Rainbow Drive was last assessed in 2023. The total value of the property was assessed at $315,900. Specifically, the land the property is located on was valued at $34,900. While improvements on the property were assessed at a total of $281,000. The total market value for this property is the same as the total assessed value as of this moment. The total amount of taxes due from a property owner is $2,657. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly! Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2001
  • Effective Year Built: 2011
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 9
  • Building Condition: Average
  • Building Quality: C+
  • Construction Type: Masonry
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 672
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 17,424
  • Lot Size Depth Feet: 1,850
  • Lot Size Frontage Feet: 950
  • Total Building Area: 2,082
  • Building Area: 2,082
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,082
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: SUNSET MEADOWS ADDITION
  • Land Acres: 0.4
  • Standard Land Use Code: Single family residential
  • Legal Description 1: 020-03043-26 SUNSET MEADOWS ADD PT 5 PHASE 2 LT 64 4244-A-4246-4396-A-1 -4396C-2-A-L64

Ownership

  • Current Owner : CRESS KEVIN ALAN
  • Previous Owner : FARRELLY JOSEPH MICHAEL
  • Owner Before Previous Owner: HALE CHRISTOPHER A
  • Owner Before Previous Owner 2: HALE AMY M
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Rossville Consolidated School District
  • Census Tract: 950300

Geography

  • Assessors Map Reference: MP 020-03-033
  • Account Number: 02003037
  • District: 0010
  • Subdivision Phase Number: 2
  • Parcel: 12-01-23-429-002.000-016
  • Lot: 64
  • Municipality: ROSS TOWNSHIP
  • Latitude: 40.4222
  • Longitude: -86.6012

    Address

  • Full Address: 41 Rainbow Dr
  • Address - House Number: 41
  • Address - Street Name: Rainbow
  • Address - Suffix Type: Dr
  • State: IN
  • City Name: Rossville
  • Carrier Code: R074
  • 4-Digit Zip Code: 9599
  • Zip Code: 46065

Valuation

    Tax

  • Total Area: 2,082
  • Tax Year: 2022
  • Tax Amount: $2,657
  • Tax Rate Code Area: 20:ROSSVIL

    Appraisal Valuation

  • Standard Deviation: 0.2377
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 66
  • Final Value: 291,235
  • High Value: 360,483
  • Low Value: 221,987

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $187,600
  • First Open Lien Mortgage Lender: CENTIER BANK
  • First Open Lien Mortgage Recording Date: Sep 24, 2021
  • First Open Lien Mortgage Loan Amount: $187,600
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Oct 01, 2051

    Market Valuation

  • Market Total Value: $315,900
  • Market Land Value: $34,900
  • Market Improvement Value: $281,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $315,900
  • Assessed Land Value: $34,900
  • Assessed Improvements Value: $281,000

    Sales

  • Current Sale Contract Date: Aug 19, 2021
  • Current Sale Recording Date: Sep 24, 2021
  • Current Sale Transaction ID: 11861827700
  • Current Sale Price: $234,500
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 20214549
  • Previous Sale Recording Date: Dec 18, 2018
  • Previous Sale Contract Date: Dec 14, 2018
  • Previous Sale Amount: $243,400
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: CENTIER BANK
  • First Mortgage Transaction Date: Sep 24, 2021
  • First Mortgage Loan Amount: $187,600
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Oct 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: PURDUE FEDERAL CU
  • Previous Mortgage Transaction Date: Dec 18, 2018
  • Previous Mortgage Loan Amount: $194,750
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Jan 01, 2049

About Rossville



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Frequently Asked Questions

What neighborhood is 41 Rainbow Drive located in?
The 41 Rainbow Drive is a house located in the neighborhood of Ross in Rossville, Rossville.
What is the average sales price for listings in 41 Rainbow Drive?
The average sales price for units in 41 Rainbow Drive is $0 currently.

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