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605 Rainbow Blvd

Anderson, IN 46012

4 bd 2 ba 2,053 sqft Built 1960 Lot 13,504 sqft single_family
Most recent sale
$296,875
Jun 14, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jun 14, 2022 Sold $296,875 Public Record
Jun 13, 2022 Sold $261,000 MIBOR
Apr 22, 2022 Listed $250,000 MLS #21850806
Dec 18, 2015 Sold $113,250 Public Record
Dec 15, 2015 Listing removed $148,500 MIBOR
Sep 22, 2015 Listed $148,500 MLS #21377743

Tax assessment history

YearBuildingLandTotal assessedTax paid
2024 $256,100 $13,100 $269,200 $2,999
2023 $119,600 $12,400 $132,000 $2,963
2022 $119,600 $11,600 $131,200 $1,646
2021 $107,900 $11,400 $119,300 $1,487
2020 $108,000 $10,600 $118,600 $1,194
2019 $105,100 $10,600 $115,700 $1,161
2018 $91,500 $10,600 $102,100 $1,290
2017 $100,500 $10,600 $111,100 $1,413
2016 $107,200 $10,600 $117,800 $1,482
2015 $107,400 $10,600 $118,000 $1,488
2014 $105,000 $10,600 $115,600 $1,450
2013 $105,200 $10,600 $115,800 $1,456
2012 $102,800 $10,600 $113,400 $1,436
2011 $118,800 $17,000 $135,800 $1,694
2010 $118,800 $17,000 $135,800 $6,811
2009 $119,000 $14,300 $133,300 $6,651
2008 $96,000 $14,300 $110,300 $1,242

Property facts

Year built
1960
Property type
single_family
Stories
1
Beds
4
Baths
2
Living area
2,053 sqft
Lot size
13,504 sqft
ZIP code
46012
City
Anderson
Street
Rainbow Blvd
Coordinates
40.14530, -85.66972

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$3,080
Gross rental yield
12.45%
Implied cap rate
8.09%
Trend-extrapolated value

Frequently asked questions

When did 605 Rainbow Blvd last sell?
605 Rainbow Blvd most recently sold on Jun 14, 2022 for $296,875.
What is the current tax assessment for 605 Rainbow Blvd?
The most recent total assessment for 605 Rainbow Blvd (year 2024) is $269,200 with $2,999 in property tax.
How does 605 Rainbow Blvd's assessment compare to its last sale price?
The current assessment is 9.3% below the last sale price of $296,875.
When was 605 Rainbow Blvd built?
605 Rainbow Blvd was built in 1960.
How does 605 Rainbow Blvd compare to others on Rainbow Blvd?
We track 3 other properties on Rainbow Blvd. Browse the list under "Other properties on Rainbow Blvd" to compare beds, baths, and sale history.
What are the property facts for 605 Rainbow Blvd?
605 Rainbow Blvd is a 4 bed, 2 bath, 2,053 sqft, 13,504 sqft lot single_family.
Is 605 Rainbow Blvd a flip candidate?
No — 605 Rainbow Blvd does not appear in our flips dataset.
Is 605 Rainbow Blvd a tax-appeal candidate?
No — 605 Rainbow Blvd is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+1.9%
Implied 1-yr
+7.5%
2026 Q3
$250K
2026 Q4
$254.2K
ZIP 46012 — Median Price History + Forecast

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