5 months on rocket

4125 Rainbow View Dr, Indianapolis, IN, 46221

$227,000

Home List Price

$2,696*

Closing Credit

3 Bedrooms
1 Full Bath, 2 Partial
1,477 SqFt
$154/SqFt
House

Location

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4125 Rainbow View Dr, Indianapolis$227,000

Buyer Closing Credits

$2,696*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
Year Built1960
HeatingForced Air
CoolingCentral Air
MLS #21982194
Lot Size0.40 Acres
StatusActive

About 4125 Rainbow View Dr

Seller will consider concessions for allowable buyer costs. Welcome to your dream home that elegantly unites style and comfort. This modern and tastefully home features a neutral color paint scheme that has been meticulously applied to the fresh interior paint. The soothing palette gracefully complements the new flooring throughout the home, giving the abode a refined look. The patio greatly ascends the appeal and functionality of the home, providing an ideal space to entertain simply relax during the quiet mornings or evenings - a pleasure that can be cherished all year round. This property does not just offer a house but embodies a lifestyle of high standards of living, filled with comfort and finesse. Breathe new life into your daily routine in a setting brimming with tranquility and style. Don't miss an opportunity to make this attractive and unique house your forever home.

Property Details

Property Features

Property Information:

  • Architectural Style: Other
  • Year Built: 1960
  • Living Area: 1,477 SqFt

Listing Office:

  • Office Name: Opendoor Brokerage LLC
  • Office Email: Sfarrar@opendoor.com
  • Listing Agent: Shelby Farrar

Interior Features

Interior Information:

  • Appliances: Electric Oven
  • Basement: No
  • Interior: Attic Access, Screens Some

Bedroom and Bathroom Information:

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

Lot Features

Lot Information:

  • Lot Size: 0.40 Acres

Utilities

Utilities Information:

  • Heating: Forced Air
  • Cooling: Central Air

Other

Directions Information:

  • Directions: Head south on S Lynhurst Dr toward Meadowbrook Ave Turn left onto Mooresville Rd Turn right onto W Hanna Ave Continue onto Rainbow View Dr

Price Information

Listing Price Info

Price Summary:

  • List Price: $227,000
  • Price Per SqFt: $154/SqFt

Tax Information:

  • Annual Amount: $2,156
  • Tax Year: 2020
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Housing Market Comparison

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

Med. Sold Price

$245.5K

Med. Price/SqFt

$139

Avg. Days On Market

31

# of Sold Homes

946

4125 Rainbow View Dr vs Indianapolis

175 DAYS ON ROCKET

+144 Days

$227,000

-$18.5K Less

$154/SqFt

+$15 More

KEY TAKEAWAY

This property is $18.5K less than the Median Sold Price and $15/SqFt more than other homes in Indianapolis, IN.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: MIBOR
  • MLS Number: #21982194

Listing Office:

  • Office Name: Opendoor Brokerage LLC
  • Office Email: Sfarrar@opendoor.com
  • Listing Agent: Shelby Farrar

IDX Listings courtesy of Metropolitan Indianapolis Board of REALTORS® MLS as distributed by 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.

Copyright ©2024 MIBOR REALTOR® Association. All rights reserved. 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.

Based on information submitted to the Broker Listing Cooperative listing service. All information provided is deemed reliable but is not guaranteed and should be independently verified. All data is obtained from various sources and may not have been verified by broker or Broker Listing Cooperative listing service. 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.

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The DMCA requires that your notice of alleged copyright infringement include the following information: (1) description of the copyrighted work that is the subject of claimed infringement; (2) description of the alleged infringing content and information sufficient to permit us to locate the content; (3) contact information for you, including your address, telephone number and email address; (4) a statement by you that you have a good faith belief that the content in the manner complained of is not authorized by the copyright owner, or its agent, or by the operation of any law; (5) a statement by you, signed under penalty of perjury, that the information in the notification is accurate and that you have the authority to enforce the copyrights that are claimed to be infringed; and (6) a physical or electronic signature of the copyright owner or a person authorized to act on the copyright owner’s behalf. Failure to include all of the above information may result in the delay of the processing of your complaint.
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, 6:16:48 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Aug 22, 2016Home Sold
$57,000
Nov 18, 2009Home Sold
$89,900

Tax History

YEARPROP. TAXASSESSMENT
2020$2,156$124,100
2019$2,259$101,600
2018$2,154$94,100
2017$2,148$88,900

History based on county public records data.

Payment Calculator

$1,200

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$747

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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-396462
4
/10
  • Stephen Decatur Elementary School

  • 3425 Foltz St

  • 1.01 miles

  • Public District Grades 1-6

school-card-donut-396463
3
/10
  • Gold Academy Elementary School

  • 5650 Mann Rd

  • 1.46 miles

  • Public District Grades 1-6

school-card-donut-396464
6
/10
  • Blue Academy Elementary School

  • 5650 Mann Rd

  • 1.46 miles

  • Public District Grades 1-6

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $36,783. The majority of Indianapolis, IN residents have income less than $35k annually. The most common type of family is single, no kids. The majority of residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 4125 Rainbow View Dr

What is the listing price of this property?

The listing price of 4125 Rainbow View Dr property is $227,000.

What type of property is this?

The property 4125 Rainbow View Dr is a house located in Indianapolis, Indiana, 46221.

Is this property for sale now?

Active Listing: 4125 Rainbow View 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 $2,156 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on August 22, 2016 for $57,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 4125 Rainbow View Dr has 3 bedrooms and 1 full and 2 half bathrooms.

What is the square footage of this property?

The property 4125 Rainbow View Dr is 1,477 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 4125 Rainbow View Dr is 1960.

Rocket HomesIndianaMarion CountyIndianapolis462214125 Rainbow View Dr

This home is located at 4125 Rainbow View Dr in Indianapolis, IN and zip code 46221 in the Rolling Knolls neighborhood. This 1,477 square foot home, which was built in 1960, sits on a 0.40 acre lot. Features: 3 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since May 30, 2024 and is currently priced at $227,000.

While more than 170 listings in Indianapolis, IN in October 2024 were sold above asking price, there were more than 256 listings sold at asking price, and more than 519 were sold below. In October 2024 in Indianapolis, IN there were 3.7% more homes for sale than in September 2024. Listings spent 31 days on the market in October 2024, and had a median list price of $245,515 during the same period.

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

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