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Off market
  • $195,700

    7405 Rainbow Dr, Spencer, IN 47460

    2beds
    1,024sqft
    SingleFamily
    Built in 1988
    1.88 Acres Lot
    $195,700 Zestimate®
    $191/sqft
    $1,171 Estimated rent

    Home value

    $195,700

    $178,000 - $213,000

    $1,171/mo

    Zestimate® history
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    $1,171/mo

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    $1,255/mo

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    $1,255/mo

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    What's special

    Sweet home in Spencer Indiana. This 2 bed 1 bath home comes mostly renovated. New owners will enjoy a brand new Luxury Vinyl Plank flooring, fresh paint, tall baseboards, updated lighting, and stainless steel appliances. Relax on your new front deck or back deck and enjoy almost 2 acres of quiet country living. Well and Septic have recently been serviced to provide the new owners a turnkey property with no worries. Washer and Dryer come with the property and new 3 tons of stone will line the driveway by June 27.

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 1
    • Full bathrooms: 1
    • Main level bathrooms: 1
    Heating
    • Other, Electric, Propane / Butane
    Cooling
    • Wall
    Appliances
    • Included: Range / Oven
    • Laundry: Main
    Features
    • Basement: None
    Interior area
    • Total interior livable area: 1,024 sqft
    • Finished area below ground: 0

    Property

    Features
    • Exterior features: Vinyl
    Lot
    • Size: 1.88 Acres
    • Features: Level
    Details
    • Parcel number: 601107300090000022

    Construction

    Type & style
    • Home type: SingleFamily
    Materials
    • Frame
    • Foundation: Crawl/Raised
    • Roof: Asphalt
    Condition
    • Year built: 1988

    Utilities & green energy

    • Sewer: Septic Tank
    • Water: Well, Private Well

    Community & HOA

    Location
    • Region: Spencer

    Financial & listing details

    • Price per square foot: $191/sqft
    • Tax assessed value: $157,200
    • Annual tax amount: $450

    Price history

    DateEventPrice
    9/11/2020Sold$117,000-1.7%$114/sqft
    Source: eXp Realty #182539820 Report a problem
    6/27/2020Listed for sale$119,000+376%$116/sqft
    Source: eXp Realty - Kirkwood Realty #202024333 Report a problem
    5/1/2020Sold$25,000-79.1%$24/sqft
    Source: Agent Provided Report a problem
    3/6/2018Listing removed$119,900$117/sqft
    Source: RE/MAX SELECT ASSOCIATES (SPENCER) #21511859 Report a problem
    9/20/2017Listed for sale$119,900$117/sqft
    Source: RE/MAX SELECT ASSOCIATES (SPENCER) #21511859 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$450 -41.9%$157,200 +12.1%
    2024$774 +7.4%$140,200 +2%
    2023$721 +25.6%$137,400 +14.7%
    2022$574 $119,800 +22.7%
    2021-- $97,600 +10.9%
    2020$1,451 +764.9%$88,000 +8.1%
    2019$168 +4.2%$81,400 +5.6%
    2018$161 +8.4%$77,100 +1%
    2017$149 +10.9%$76,300 +4%
    2016$134 +1.5%$73,400 +6.2%
    2014$132 -62.2%$69,100 +2.2%
    2013$350 -12.3%$67,600 -2.5%
    2012$399 +5.4%$69,300 +1%
    2011$378 -5.2%$68,600 -3.1%
    2010$399 +3.3%$70,800 -6%
    2009$386 -17.8%$75,300 +3.2%
    2007$470 -17%$73,000 +1.2%
    2006$567 $72,100
    Find assessor info on the county website

    Neighborhood: 47460

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Patricksburg
    • Middle: Owen Valley
    • High: Owen Valley
    • District: Spencer-Owen Community Schools

    Source: The MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    An equal housing lender. NMLS #10287.

    Sell for more on Zillow
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    $195,700
    2% more
    +$3,914
    With Zillow Showcase(estimated)
    $199,614