Riddles Bend... This well established neighborhood and beautiful lot will afford you the opportunity to build the home of your dreams. Enjoy the quietness of this location.
Property Details
Property Features
Listing Office:
Office Name: Era King Real Estate
Office Phone: (256) 442-1030
Lot Features
Lot Information:
Lot: Level, Wooded
Lot Size: 0.97 Acres
Other
Directions Information:
Directions: Hwy 411 South, Left On Riddles Bend Road, Right At The Fire Station, Right On Babe Jackson Drive, Right On Indian Lake Drive. Property On Right.
Price Information
Listing Price Info
Price Summary:
List Price: $31,000
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Rainbow City, AL.
All information provided is deemed reliable but is not guaranteed and should be independently verified. IDX information is provided exclusively for consumers' personal, non-commercial use and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. Data displayed may be a portion of, and not a complete set of all listings published in the MLS. Last updated on: 12/22/2024, 8:21:05 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
We're sorry, we currently don't have sales or tax history data for this listing.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$222
Per Month
Principal & Interest
$155
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$159
Powered By
NMLS#3030
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
5
/10
Southside Elementary School
2551 Highway 77
Distance between this listing and this school4.93 miles
Public District Grades PK-5
9
/10
John S. Jones Elementary School
301 Lumbley Rd
Distance between this listing and this school4.99 miles
Public District Grades PK-5
10
/10
Eura Brown Elementary School
1231 Alcott Rd
Distance between this listing and this school7.71 miles
Public District Grades KG-5
Nearby Schools
8
/10
Rainbow Middle School
454 Lumbley Rd
Distance between this listing and this school5.10 miles
Public District Grades 6-8
6
/10
Steele Elementary School
105 McHugh St
Distance between this listing and this school7.67 miles
Public District Grades PK-8
4
/10
Etowah Middle School
316 Jones St SE
Distance between this listing and this school8.22 miles
Public District Grades 6-8
Nearby Schools
6
/10
Southside High School
2361 School Dr
Distance between this listing and this school4.48 miles
Public District Grades 9-12
3
/10
Etowah High School
201 Case Ave SE
Distance between this listing and this school8.23 miles
Public District Grades 9-12
6
/10
Ohatchee High School
100 Cherokee Trl
Distance between this listing and this school8.24 miles
The neighbors living near this home have an average income of $63,024. Most Rainbow City, AL residents have annual incomes between $35k-100k. Typical family type is married, no kids. Typical level of education for residents in this area is post secondary degree.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 2 Indian Lake Dr
What is the listing price of this property?
The listing price of 2 Indian Lake Dr property is $31,000.
What type of property is this?
The property 2 Indian Lake Dr is land located in Rainbow City, Alabama, 35906.
Is this property for sale now?
Active Listing: 2 Indian Lake Dr is For Sale (Active/New) which means the seller is accepting offers.
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system, AI voice, or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at 2 Indian Lake Dr in Rainbow City, AL and zip code 35906. This home sits on a 0.97 acre lot. It has been listed on Rocket Homes since July 30, 2024 and is currently priced at $31,000.
In November 2024, from all listings sold in Rainbow City, AL there were more than 0 sold above asking price, over 4 sold below and more than 1 were sold right at the asked price. In November 2024 in Rainbow City, AL there were 17.1% less homes for sale than in October 2024.
From Rocket Homes Real Estate and based on county public records data.