1038 Rachel Way
Ellettsville, IN 47429
4 bd 4 ba 3,440 sqft Built 2022 Lot 11,761 sqft single_family
Most recent sale
$310,900
Jul 7, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Aug 25, 2023 | Sold | $490,000 | IRMLS |
| Aug 23, 2023 | Relisted | $525,000 | IRMLS |
| Aug 13, 2023 | Listing removed | $525,000 | IRMLS |
| Mar 13, 2023 | Listing removed | $525,000 | IRMLS |
| Feb 10, 2023 | Listed | $525,000 | IRMLS |
| Sep 14, 2022 | Listed | $525,000 | MLS #202238248 |
| Jul 7, 2022 | Sold | $310,900 | Public Record |
| Jul 5, 2022 | Sold | $435,900 | IRMLS |
| Apr 2, 2020 | Sold | $39,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2024 | $436,800 | $51,000 | $487,800 | $4,878 |
| 2022 | — | $50,000 | $50,000 | $1,016 |
| 2021 | — | $42,000 | $42,000 | $941 |
| 2020 | — | $42,000 | $42,000 | $982 |
| 2019 | — | $42,000 | $42,000 | $989 |
| 2018 | — | $1,900 | $1,900 | $46 |
| 2017 | — | $2,000 | $2,000 | $53 |
| 2016 | — | $2,000 | $2,000 | $51 |
| 2015 | — | $1,800 | $1,800 | $43 |
| 2014 | — | $1,800 | $1,800 | $44 |
| 2013 | — | $1,800 | $1,800 | $44 |
| 2012 | — | $1,600 | $1,600 | $35 |
| 2011 | — | $1,500 | $1,500 | $37 |
| 2010 | — | $1,300 | $1,300 | $26 |
| 2009 | — | $1,300 | $1,300 | $25 |
| 2008 | — | $1,100 | $1,100 | $23 |
Property facts
Year built
2022
Property type
single_family
Stories
2
Beds
4
Baths
4
Living area
3,440 sqft
Lot size
11,761 sqft
ZIP code
47429
City
Ellettsville
Street
Rachel Way
Coordinates
39.23516, -86.60299
Comparable properties nearby
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsInvestment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$1,865
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 1038 Rachel Way last sell?
1038 Rachel Way most recently sold on Jul 7, 2022 for $310,900.
What is the current tax assessment for 1038 Rachel Way?
The most recent total assessment for 1038 Rachel Way (year 2024) is $487,800 with $4,878 in property tax.
How does 1038 Rachel Way's assessment compare to its last sale price?
The current assessment is 56.9% above the last sale price of $310,900.
When was 1038 Rachel Way built?
1038 Rachel Way was built in 2022.
How does 1038 Rachel Way compare to others on Rachel Way?
We track 6 other properties on Rachel Way. Browse the list under "Other properties on Rachel Way" to compare beds, baths, and sale history.
What are the property facts for 1038 Rachel Way?
1038 Rachel Way is a 4 bed, 4 bath, 3,440 sqft, 11,761 sqft lot single_family.
Is 1038 Rachel Way a flip candidate?
Yes — 1038 Rachel Way appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 1038 Rachel Way a tax-appeal candidate?
No — 1038 Rachel Way is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+4.7%
Implied 1-yr
+18.7%
2026 Q3
$387.3K
2026 Q4
$401.2K
ZIP 47429 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Rachel Way