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Sold
    • $280,000

    229 Rainbow Blvd, Indianapolis, IN 46234

    3beds
    1,480sqft
    Residential, Single Family Residence
    Built in 1974
    0.51 Acres Lot
    $281,000 Zestimate®
    $189/sqft
    $2,143 Estimated rent

    Home value

    $281,000

    $267,000 - $298,000

    $2,143/mo

    Zestimate® history
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    What's special

    New Price! Charming all-brick ranch in the highly desirable Avon school district! This 3-bedroom, 2 full bath home offers a functional layout with both a living room and a cozy family room featuring a wood-burning fireplace-perfect for relaxing evenings. Situated on a spacious half-acre lot, the fully fenced backyard includes a huge deck ideal for entertaining, along with a mini barn for extra storage.The home has seen some recent updates, including freshly painted kitchen, dining, and family room areas, along with new vinyl plank flooring in those spaces. While a few rooms could use some updating, this property presents a great opportunity to add your personal touch and build equity. Best of all, no HOA!

    Zillow last checked:

    Listing updated:

    Listed by:

    Shea Duymovic 317-809-0295,

    REMAX ONE

    Bought with:

    Preeti Chaggar

    F.C. Tucker Company

    Source: MIBOR as distributed by MLS GRID,MLS#: 22093926MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 2
    • Full bathrooms: 2
    • Main level bathrooms: 2
    • Main level bedrooms: 3
    Primary bedroom
    • Level: Main
    • Area: 168 Square Feet
    • Dimensions: 14x12
    Bedroom 2
    • Level: Main
    • Area: 132 Square Feet
    • Dimensions: 12x11
    Dining room
    • Level: Main
    • Area: 110 Square Feet
    • Dimensions: 10x11
    Family room
    • Level: Main
    • Area: 273 Square Feet
    • Dimensions: 21x13
    Kitchen
    • Level: Main
    • Area: 110 Square Feet
    • Dimensions: 11x10
    Living room
    • Level: Main
    • Area: 195 Square Feet
    • Dimensions: 15x13
    Heating
    • Electric, Forced Air, Heat Pump
    Cooling
    • Central Air
    Appliances
    • Included: Dishwasher, Electric Water Heater, Disposal, Electric Oven, Range Hood, Refrigerator
    Features
    • Attic Pull Down Stairs, Breakfast Bar, Ceiling Fan(s), Entrance Foyer, High Speed Internet, Wired for Data
    • Windows: Wood Work Stained
    • Has basement: No
    • Attic: Pull Down Stairs
    • Number of fireplaces: 1
    • Fireplace features: Family Room, Wood Burning
    Interior area
    • Total structure area: 1,480
    • Total interior livable area: 1,480 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Attached, Asphalt, Garage Door Opener
    • Attached garage spaces: 2
    • Details: Garage Parking Other(Finished Garage, Keyless Entry)
    Features
    • Levels: One
    • Stories: 1
    • Patio & porch: Deck, Porch
    • Fencing: Fenced,Full
    Lot
    • Size: 0.51 Acres
    • Features: Mature Trees, Trees-Small (Under 20 Ft)
    Details
    • Additional structures: Barn Mini
    • Parcel number: 320905460008000022
    • Special conditions: None,As Is
    • Horse amenities: None

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Ranch
    • Property subtype: Residential, Single Family Residence
    Materials
    • Brick
    • Foundation: Block
    Condition
    • New construction: No
    • Year built: 1974

    Utilities & green energy

    • Water: Private

    Community & HOA

    Community
    • Subdivision: Rainbow Acres
    HOA
    • Has HOA: No
    Location
    • Region: Indianapolis

    Financial & listing details

    • Price per square foot: $189/sqft
    • Tax assessed value: $250,800
    • Annual tax amount: $2,404
    • Date on market: 4/11/2026
    • Cumulative days on market: 19 days

    Price history

    DateEventPrice
    7/16/2026Listing removed$2,500$2/sqft
    Source: Zillow Rentals Report a problem
    7/6/2026Listed for rent$2,500$2/sqft
    Source: Zillow Rentals Report a problem
    6/25/2026Sold$280,000$189/sqft
    Source: MIBOR as distributed by MLS GRID #22093926 Report a problem
    4/30/2026Pending sale$280,000$189/sqft
    Source: MIBOR as distributed by MLS GRID #22093926 Report a problem
    4/26/2026Price change$280,000-5.1%$189/sqft
    Source: MIBOR as distributed by MLS GRID #22093926 Report a problem
    4/11/2026Listed for sale$295,000+78.9%$199/sqft
    Source: MIBOR as distributed by MLS GRID #22093926 Report a problem
    11/7/2010Listing removed$164,900$111/sqft
    Source: Carpenter Realtors #21025662 Report a problem
    6/22/2010Price change$164,900-1.3%$111/sqft
    Source: Carpenter Realtors #21025662 Report a problem
    5/14/2010Listed for sale$167,000$113/sqft
    Source: Carpenter Realtors #21025662 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$2,641 +11.4%$250,800 +4.3%
    2024$2,370 -0.6%$240,400 +10%
    2023$2,383 +13.8%$218,600 +2.4%
    2022$2,095 +4.4%$213,500 +13.7%
    2021$2,007 +7%$187,700 +5%
    2020$1,877 -2.6%$178,700 +6.1%
    2019$1,927 +19.6%$168,400 +1.6%
    2018$1,611 +49.2%$165,700 +3.6%
    2017$1,080 +31.6%$159,900 +16.9%
    2016$820 -4%$136,800 +1.3%
    2014$855 +3.9%$135,100
    2013$823 +3.7%$135,100 -0.1%
    2011$794 -2.3%$135,300
    2010$813 +18.8%$135,300
    2009$684 -24.4%$135,300 +4.2%
    2007$905 -27.2%$129,850 -8.8%
    2006$1,244 $142,400 +17.9%
    2005-- $120,800
    Find assessor info on the county website

    Neighborhood: 46234

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    Estimated market value
    $281,000
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    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $281,000

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