Work hard, live well and dream big all on your own acre of land in the middle of the city. This 3 bedroom, 1 bathroom home with updates throughout offers the comfortable living you need. Relax in your enclosed front porch or open back porch overlooking your property. Enjoy the ACRE of land and two BARN spaces that offer over 4,500+ of square foot able to work and play in. Details such as a finishable upstairs loft in the wooden barn, car lift and serene creek behind your work space gives this property unique flexibility to be an investment for you. Schedule your private showing today so that you can make this amazing property yours!
Sold for $225,000
$225,000
3907 Rainbow Drive, New Albany, IN 47150
3beds
1,152sqft
Single Family Residence
Built in 1950
0.99 Acres Lot
$243,100 Zestimate®
$195/sqft
$1,593 Estimated rent
Home value
$243,100
$231,000 - $255,000
$1,593/mo
Zestimate® history
Owner options
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$1,593/mo
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$1,593/mo
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$1,413/mo
Est. payment
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$1,413/mo
Est. payment
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Zillow last checked:
Listing updated:
Listed by:
Chandler Dale,
Covenant Realty, LLC
Bought with:
Terri Wedding, RB14046184
Semonin REALTORS
Source: SIRA,MLS#: 202408405
Originating MLS: Southern Indiana REALTORS Association
Originating MLS: Southern Indiana REALTORS AssociationFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 1
- Full bathrooms: 1
Primary bedroom
- Level: First
Bedroom
- Level: First
Bedroom
- Level: First
Other
- Level: First
Kitchen
- Level: First
Living room
- Level: First
Heating
- Forced Air
Cooling
- Window Unit(s), WallWindow Unit(s)
Appliances
- Included: Microwave, Oven, Range
- Laundry: In Garage, Other
Features
- Breakfast Bar, Eat-in Kitchen, Main Level Primary, Utility Room
- Windows: Thermal Windows
- Has basement: No
- Number of fireplaces: 1
- Fireplace features: Wood Burning
Interior area
- Total structure area: 1,152
- Total interior livable area: 1,152 sqft
- Finished area above ground: 1,152
- Finished area below ground: 0
Property
Parking
- Total spaces: 1
- Parking features: Attached, Garage
- Attached garage spaces: 1
- Details: Off Street
Features
- Levels: One
- Stories: 1
- Patio & porch: Covered, Enclosed, Patio, Porch
- Exterior features: Fence, Landscaping, Patio
- Fencing: Yard Fenced
Lot
- Size: 0.99 Acres
Details
- Additional structures: Barn(s), Garage(s), Pole Barn, Shed(s)
- Parcel number: 0084422052
- Zoning: Residential
- Zoning description: Residential
Construction
Type & style
- Home type: SingleFamily
- Architectural style: One Story
- Property subtype: Single Family Residence
Materials
- Block, Concrete, Frame, Vinyl Siding
- Foundation: Poured
- Roof: Shingle
Condition
- Resale
- New construction: No
- Year built: 1950
Utilities & green energy
- Sewer: Public Sewer
- Water: Connected, Public
Community & HOA
Location
- Region: New Albany
Financial & listing details
- Price per square foot: $195/sqft
- Tax assessed value: $157,500
- Annual tax amount: $2,711
- Date on market: 6/5/2024
- Cumulative days on market: 106 days
- Listing terms: Cash,Conventional,FHA,VA Loan
- Road surface type: Gravel, Paved
Price history
| Date | Event | Price |
|---|---|---|
| 9/19/2024 | Sold | $225,000-6.3%$195/sqft |
Source:  SIRA #202408405 Report a problem | ||
| 8/12/2024 | Pending sale | $240,000$208/sqft |
Source: SIRA #202408405 Report a problem | ||
| 7/17/2024 | Price change | $240,000-2.4%$208/sqft |
Source: SIRA #202408405 Report a problem | ||
| 7/4/2024 | Price change | $246,000-1.6%$214/sqft |
Source: SIRA #202408405 Report a problem | ||
| 7/2/2024 | Listed for sale | $249,900$217/sqft |
Source: SIRA #202408405 Report a problem | ||
| 6/17/2024 | Pending sale | $249,900$217/sqft |
Source: SIRA #202408405 Report a problem | ||
| 6/11/2024 | Price change | $249,900-2%$217/sqft |
Source: SIRA #202408405 Report a problem | ||
| 6/5/2024 | Price change | $255,000+6.7%$221/sqft |
Source: SIRA #202408405 Report a problem | ||
| 11/29/2023 | Price change | $239,000-4%$207/sqft |
Source: SIRA #2023010674 Report a problem | ||
| 10/4/2023 | Price change | $249,000-3.9%$216/sqft |
Source: SIRA #2023010674 Report a problem | ||
| 9/22/2023 | Listed for sale | $259,000+131.3%$225/sqft |
Source: SIRA #2023010674 Report a problem | ||
| 9/24/2019 | Sold | $112,000-2.6%$97/sqft |
Source: SIRA #201909497 Report a problem | ||
| 7/23/2019 | Listed for sale | $115,000$100/sqft |
Source: Semonin REALTORS #201909497 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,947 +5.8% | $157,500 +1.5% |
| 2024 | $1,839 +14.6% | $155,100 +10.2% |
| 2023 | $1,606 +14.3% | $140,800 +13.2% |
| 2022 | $1,405 -0.1% | $124,400 +9.7% |
| 2021 | $1,405 +20% | $113,400 -2.2% |
| 2020 | $1,171 -7.4% | $116,000 +5% |
| 2019 | $1,265 +18.3% | $110,500 -4.2% |
| 2018 | $1,069 | $115,300 +10.7% |
| 2017 | $1,069 +5.9% | $104,200 +0.7% |
| 2016 | $1,009 | $103,500 +9.5% |
| 2014 | $1,009 +9.3% | $94,500 -2.5% |
| 2013 | $923 -52.8% | $96,900 +3.1% |
| 2012 | $1,956 +42.8% | $94,000 +41.6% |
| 2011 | $1,370 +0.4% | $66,400 |
| 2010 | $1,365 +0.8% | $66,400 |
| 2009 | $1,354 | $66,400 |
Find assessor info on the county website
Neighborhood: 47150
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Nearby schools
GreatSchools rating
- 7/10Slate Run Elementary SchoolGrades: PK-4Distance: 1.5 mi
- 4/10Hazelwood Middle SchoolGrades: 5-8Distance: 2.6 mi
- 7/10New Albany Senior High SchoolGrades: 9-12Distance: 2.7 mi
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$243,100
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- Indiana
- Floyd County
- New Albany
- 47150
- 3907 Rainbow Drive
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