1517 Rainbow Dr
Evansville, IN 47712
3 bd 2 ba 1,311 sqft Built 1994 Lot 10,585 sqft single_family
Most recent sale
$263,112
Jul 1, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Jul 1, 2022 | Sold | $263,112 | Public Record |
| Jun 24, 2022 | Sold | $217,000 | IRMLS |
| May 20, 2022 | Listed | $217,000 | MLS #202219342 |
| Dec 4, 2019 | Sold | $167,500 | Public Record |
| Nov 26, 2019 | Sold | $167,500 | IRMLS |
| Apr 24, 2018 | Sold | $149,250 | Public Record |
| Apr 19, 2018 | Sold | $159,000 | IRMLS |
| Feb 28, 2018 | Relisted | $159,000 | MLS #201749964 |
| Feb 27, 2018 | Listing removed | $159,000 | IRMLS |
| Nov 2, 2017 | Listed | $159,000 | MLS #201749964 |
| Oct 27, 2015 | Sold | $174,285 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2024 | $190,300 | $22,700 | $213,000 | $2,069 |
| 2022 | $141,200 | $22,700 | $163,900 | $1,520 |
| 2021 | $128,500 | $22,700 | $151,200 | $1,455 |
| 2020 | $128,500 | $22,700 | $151,200 | $1,398 |
| 2019 | $131,900 | $22,700 | $154,600 | $1,435 |
| 2018 | $108,200 | $22,700 | $130,900 | $1,185 |
| 2017 | $108,500 | $22,700 | $131,200 | $1,148 |
| 2016 | $105,300 | $22,700 | $128,000 | $1,119 |
| 2015 | $108,000 | $22,700 | $130,700 | $822 |
| 2014 | $108,000 | $22,700 | $130,700 | $859 |
| 2013 | $111,900 | $22,700 | $134,600 | $943 |
| 2012 | $112,100 | $22,700 | $134,800 | $966 |
| 2011 | $111,000 | $22,600 | $133,600 | $937 |
| 2010 | $109,900 | $22,600 | $132,500 | $782 |
| 2009 | $109,900 | $22,600 | $132,500 | $809 |
| 2008 | $107,900 | $22,700 | $130,600 | $568 |
Property facts
Year built
1994
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
1,311 sqft
Lot size
10,585 sqft
ZIP code
47712
City
Evansville
Street
Rainbow Dr
Coordinates
37.96019, -87.64478
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
$1,967
Gross rental yield
8.97%
Implied cap rate
5.83%
Trend-extrapolated value
—
Frequently asked questions
When did 1517 Rainbow Dr last sell?
1517 Rainbow Dr most recently sold on Jul 1, 2022 for $263,112.
What is the current tax assessment for 1517 Rainbow Dr?
The most recent total assessment for 1517 Rainbow Dr (year 2024) is $213,000 with $2,069 in property tax.
How does 1517 Rainbow Dr's assessment compare to its last sale price?
The current assessment is 19.0% below the last sale price of $263,112.
When was 1517 Rainbow Dr built?
1517 Rainbow Dr was built in 1994.
How does 1517 Rainbow Dr compare to others on Rainbow Dr?
We track 6 other properties on Rainbow Dr. Browse the list under "Other properties on Rainbow Dr" to compare beds, baths, and sale history.
What are the property facts for 1517 Rainbow Dr?
1517 Rainbow Dr is a 3 bed, 2 bath, 1,311 sqft, 10,585 sqft lot single_family.
Is 1517 Rainbow Dr a flip candidate?
Yes — 1517 Rainbow Dr appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 1517 Rainbow Dr a tax-appeal candidate?
No — 1517 Rainbow Dr is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+2.0%
Implied 1-yr
+8.0%
2026 Q3
$219.2K
2026 Q4
$223.1K
ZIP 47712 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Rainbow Dr