2 months on rocket

1616 Rainbow Dr, Evansville, IN, 47712

$238,500

Home List Price

$2,832*

Closing Credit

3 Bedrooms
2 Full Baths, 1 Partial
$137/SqFt
House

Location

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1616 Rainbow Dr, Evansville$238,500

Buyer Closing Credits

$2,832*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingConcrete
Attached Garage2 spaces
Year Built1996
HeatingNatural Gas, Forced Air
CoolingCentral Air
MLS #202435449
Lot Size0.24 Acres
StatusActive

About 1616 Rainbow Dr

What a wonderful home on Evansville's westside. Located in Meadow West Subdivision. Three bedroom, two and a half baths. The large eat in kitchen offers a side bonus room. This room could be used for home office, extra dining area, reading area - options are endless. The large living room makes it easy for gatherings and relaxation. Main suite and additional two bedrooms are all located on the upper level, for your convenience the laundry area is on this level as well. Large fenced in back yard perfect for entertaining, and ready for your pet if needed.

Property Details

Property Features

Property Information:

  • Year Built: 1996

Listing Office:

  • Office Name: STATEWIDE REALTY
  • Office Phone: (812) 434-4663
  • Listing Agent: Susan Backes

Interior Features

Interior Information:

  • Flooring Type: Carpet, Laminate

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Exterior: Aluminum, Brick

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: Yes
  • Parking: Concrete

Virtual/3D Tour

  • Virtual Tour: 1616 Rainbow Dr
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Lot Features

Lot Information:

  • Lot: Other
  • Lot Size: 0.24 Acres

Utilities

Utilities Information:

  • Heating: Natural Gas, Forced Air
  • Cooling: Central Air

Other

Directions Information:

  • Directions: From Lloyd Expy, South on Barker, West on Broadway, Right on Meadow West Dr, Left on Whippoorwill, Right on Rainbow.

Price Information

Listing Price Info

Price Summary:

  • List Price: $238,500
  • Price Per SqFt: $137/SqFt

Tax Information:

  • Annual Amount: $1,603
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Evansville, IN.

Med. Sold Price

$184.5K

Med. Price/SqFt

$136

# of Sold Homes

218

1616 Rainbow Dr vs Evansville

68 DAYS ON ROCKET

$238,500

+$54K More

$137/SqFt

+$1 More

KEY TAKEAWAY

This property is $54K more than the Median Sold Price and $1/SqFt more than other homes in Evansville, IN.

Based on homes sold in October 2024

MLS Details

MLS Information:

  • MLS Number: #202435449

Listing Office:

  • Office Name: STATEWIDE REALTY
  • Office Phone: (812) 434-4663
  • Listing Agent: Susan Backes

IDX The data on this website relating to real estate for sale comes in part from the Internet Data Exchange (IDX) program of the Indiana Regional MLS (IRMLS). IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS. ©2011-2024 Indiana Regional MLS. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/21/2024, 8:20:56 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$1,603$166,200
2019$1,253$166,300
2017$1,228$141,500

History based on county public records data.

Payment Calculator

$1,258

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$782

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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.

Nearby Schools

school-card-donut-233100
3
/10
  • Daniel Wertz Elementary School

  • 1702 S Red Bank Rd

  • 0.81 miles

  • Public District Grades PK-5

school-card-donut-233101
7
/10
  • West Terrace Elementary School

  • 8000 W Terrace Dr

  • 1.64 miles

  • Public District Grades KG-5

school-card-donut-233102
4
/10
  • Tekoppel Elementary School

  • 111 N Tekoppel Ave

  • 1.99 miles

  • Public District Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $47,656. The most common annual income of people living in Evansville, IN is between $35k-100k. The majority of families are single, no kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Living In Evansville, IN

Content displayed has been generated by an AI model trained on a diverse range of data. While efforts have been made to ensure the quality and reliability of the content, there may be limitations or inaccuracies. The content should not be considered as a substitute for professional advice, and we recommend consulting with appropriate experts and independent sources for specific information or guidance. We assume no responsibility for any consequences arising from the use of this content.

What type of housing is available in Evansville, IN?

Evansville's housing market offers a diverse array of options, with single-family homes being the most prevalent, reflecting a mix of architectural styles from classic American craftsman to contemporary designs. The market is primarily composed of these single-family residences, while apartments and condominiums provide alternative living arrangements for those seeking a more urban lifestyle. The majority of the housing stock was constructed in the latter half of the 20th century, with a homeownership rate that underscores a stable residential community.

Is Evansville, IN a good place to live?

Evansville prides itself on a rich blend of historical charm and modern convenience, creating a unique atmosphere that resonates with residents and visitors alike. The community is celebrated for its vibrant cultural scene, including annual events that showcase local traditions and talents. The city's riverfront location contributes to its distinctive character, offering scenic views and outdoor activities that enhance the quality of life for its inhabitants.

Are things conveniently located in Evansville, IN?

The city is served by a robust educational system, including a variety of public and private schools that cater to different educational needs and preferences. Healthcare services are comprehensive, with several hospitals and clinics providing a range of medical care from routine check-ups to specialized treatments. Retail and dining options abound, reflecting the local culture with a mix of national chains and homegrown establishments. The public library system is well-established, supporting the community's educational and informational needs.

What does the transportation in Evansville, IN look like?

Evansville's transportation infrastructure supports both private and public transit options, with a network of roads and highways that facilitate easy commuting and travel within the city and to neighboring areas. Public transportation services are available, offering routes that connect key points of interest and residential areas. The city's layout promotes walkability in certain districts, particularly in the downtown area, while bike paths and lanes are available for cycling enthusiasts. Ongoing initiatives aim to enhance the efficiency and accessibility of the city's transport systems.

Frequently Asked Questions About 1616 Rainbow Dr

What is the listing price of this property?

The listing price of 1616 Rainbow Dr property is $238,500.

What type of property is this?

The property 1616 Rainbow Dr is a house located in Evansville, Indiana, 47712.

Is this property for sale now?

Active Listing: 1616 Rainbow Dr is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $1,603 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 1616 Rainbow Dr has 3 bedrooms and 2 full and 1 half bathrooms.

Which year was this property built?

The year of construction for 1616 Rainbow Dr is 1996.

Rocket HomesIndianaVanderburgh CountyEvansville477121616 Rainbow Dr

This home is located at 1616 Rainbow Dr in Evansville, IN and zip code 47712. This home was built in 1996. Features: 3 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since September 13, 2024 and is currently priced at $238,500.

Evansville, IN housing market in October 2024 saw over 54 listings sold above listed price, more than 41 sold at listed price and over 98 sold below. In October 2024 in Evansville, IN there were 11% more homes for sale than in September 2024.

From Rocket Homes Real Estate and based on county public records data.

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