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$246,000   Price Analysis
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3907 Rainbow Dr
New Albany, IN 47150
3 bed 1 bath 1,152 SqFt ($213/SqFt)
0.99 acre lot. Built 1950
Listed 2024-06-05, Taxes $1,404
USDA Eligible
near New Albany, IN
 

BACK ON MARKET DUE TO BUYERS CHANGE OF PLANS

So hers your second chance! 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. Enjoy the ACRE of land and two BARN spaces that offer over 4, 500+ of square foot able to work an d 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 before this one of a kind property is gone!


Presented by Chandler Dale at
Covenant Realty, LLC.


Property MLS #202408405 from SIRA

Bedrooms: 3
Primary Bedroom Level: 1st Floor
Bedroom 1 Level: 1st Floor
Bedroom 2 Level: 1st Floor

Total Rooms: 6
Bathroom Full RoomLevel: 1st Floor
Living Room Level: 1st Floor

Total Bathrooms: 1 / 0
Full Bathrooms: 1

1st Floor Master
1st Floor Utility
Breakfast Bar
Eat-in Kitchen

Microwave
Range / Oven

Cooling Features: Window A/C Unit(s)
Fireplace Features: Woodburning
Heating Features: Forced Air
Number of Fireplaces: 1

Kitchen Level: 1st Floor

Covered Patio
Enclosed Porch
Fenced Yard
Landscaped
Thermopane windows
Vinyl Siding
Roads: Gravelpaved, Paved

Water Features: Creek

Lot Size Acres: 0.989
Lot Size Square Feet: 43081

Garage Spaces: 1
Garage Description: Attached
Other Parking: Off Street

School District: New Albany-Floyd Cty

Mount Tabor School is a public elementary school located approximately 1 miles away.
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Hazelwood Middle School is a public elementary and middle school located approximately 2.6 miles away.
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New Albany Senior High School is a public high school located approximately 2.7 miles away.
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Our Lady Of Perpetual Help School is a private elementary and middle school located approximately 1.2 miles away.
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Annual Tax Amount: 2711
Source Listing Status: Active
County: Floyd
Directions: From Charlestown Rd exit, take a right on Rainbow Dr. The home will be on your right by the Listing Broker Sign, near gravel driveway.
Source Property Type: Residential/Farm
Area: New Albany
Source Neighborhood: New Albany
Parcel Number: 0084422052
Zoning: Residential
Property Subtype: Residential
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2021$65,800 + $47,600
$113,400
$1,404
2020$68,400 + $47,600
$116,000
$1,405
2019$62,900 + $47,600
$110,500
$1,171
2018$67,700 + $47,600
$115,300
$1,264
2017$55,900 + $47,600
$103,500
$1,068
2017$56,600 + $47,600
$104,200
$1,068
2016$52,000 + $47,600
$99,600
$977
2015$46,900 + $47,600
$94,500
$1,009
2013$49,300 + $47,600
$96,900
$938
2012$46,400 + $47,600
$94,000
$1,956
2011$52,400 + $14,000
$66,400
$1,370
2010$52,400 + $14,000
$66,400
$1,353

Price Changed 2024-07-04
$246,000
SIRA
Relisted 2024-07-02
$249,900
SIRA
Listing removed 2024-06-18
$0
SIRA
Price Changed 2024-06-11
$249,900
SIRA
Listed 2024-06-05
$255,000
SIRA
Listing removed 2023-12-21
$0
SIRA
Price Changed 2023-11-29
$239,000
SIRA
Price Changed 2023-10-04
$249,000
SIRA
Listed 2023-09-22
$259,000
SIRA
Sold 2019-09-25
$112,000
Public Record
Listing removed 2019-08-21
$0
SIRA
Listed 2019-07-23
$115,000
SIRA

Total Square Feet Living: 1152
Year Built: 1950
Above Grade Finished Area: 1152
Other Buildings: Garage, Barn(s), Pole Barn, Shed
Foundation Details: Poured Concrete
Improvements: 107500
Property Age: 74
Roof: Shingle
Levels or Stories: 1
Structure Type: Existing, Frame On-Site
House Style: 1 Story
Total Area Sqft: 1152

Gas: Nat Gas
Water Source: Public Onsite

Disabled Access: Yes

Other Equipment: Natural Gas
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.