NOT LISTED FOR SALE

3821 Rainbow Dr New Albany, IN 47150

Estimated Value: $351,000 - $392,000

4 Beds
3 Baths
2,581 Sq Ft
$145/Sq Ft Est. Value

Last Sold March 24, 2022

Last sale price $320,000 $124 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $2,390/month

47 Days on Market

Highlights

  • Deck
  • 2 Car Attached Garage
  • Entrance Foyer
  • Cathedral Ceiling
  • Walk-In Closet
  • 1-Story Property

About This Home

As of March 2022

Check out this beautiful home in Muirfield subdivision just off of Charlestown Road in New Albany. This home is not only convenient to shopping and I265 but is tucked away just enough to give you your own space. First floor features main bedroom with large walk in closet, laundry room, eat in kitchen, two additional bedrooms and living room with gas fireplace. The basement level has a bedroom, full bath and a family room. Call today for your private showing before its gone.

Last Agent to Sell the Property

Chris Thompson

Keller Williams Realty Consultants License #RB14043300 Listed on: 01/10/2022

Keller Williams Realty Consultants

Last Buyer's Agent

Diamond Shirley

License #RB16000842

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,670

Year Built

  • Built in 2007

Lot Details

  • 10,454 Sq Ft Lot
  • Landscaped

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Off-Street Parking

Home Design

  • Poured Concrete
  • Frame Construction

Interior Spaces

  • 2,581 Sq Ft Home
  • 1-Story Property
  • Cathedral Ceiling
  • Gas Fireplace
  • Entrance Foyer
  • Family Room
  • Partially Finished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • 3 Full Bathrooms

Outdoor Features

  • Deck

Utilities

  • Forced Air Heating and Cooling System
  • Gas Available
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 220506300254000008

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,670

Year Built

Built in 2007

Lot Details

0

Parking

2

Listing Details

  • Improvements: 216000
  • Additional Parking: Off Street
  • Annual Tax: 2670
  • Appointment: Mandatory
  • Construction: Frame On-Site
  • Foundation: Poured Concrete
  • Land Assessment: 61400
  • Legal Description: #63 ILL GNT PLAT 1254 L83 0.239 AC.
  • Numof Fireplaces: 1
  • Parcel Number: 220506300254000008
  • Property Sub Type: Residential
  • Property Type: Residential/Farm
  • Subdivision Yn: Yes
  • Total: 277400
  • Total Deduction Amnt: 128500
  • Total Finished Square Footage: 2581
  • Type: 1 Story
  • Year Built: 2007
  • Special Features: None

Interior Features

  • Water Heater: Electric
  • Basement Type: Full, Partially Finished
  • Above Grade Finished Sq Ft: 1681.00
  • Appliances: Dishwasher, Garage Door Opener, Microwave, Range / Oven, Refrigerator
  • Basement: Yes
  • Full Bathrooms: 3
  • Total Bathrooms: 3.00
  • Total Bedrooms: 4
  • Fireplace: Gas Burning
  • Interior Amenities: 1st Floor Master, Cath/Vaul/Tray Ceil, Family Room, Foyer, Walk-In Closet(s)
  • Lot Sq Ft: 10454.40
  • Room Count: 9
  • Sewer Type: Sanitary Onsite
  • Total Sq Ft: 2581
  • Total Rooms: 9

Exterior Features

  • Exterior Features: Deck, Landscaped

Garage/Parking

  • Garage Type: Attached
  • Garage Spaces: 2
  • Garage Yn: Yes

Utilities

  • Cooling Type: Central Air
  • Fuel Type: Gas
  • Heat Type: Forced Air
  • Water Type: Public Onsite

Lot Info

  • Acres: 0.2400
  • Zoning: Residential

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 10, 2022
Closed on
Mar 24, 2022
Sold by
Banet Karens S
Bought by
Orndorff Stephen and Oliver Tashsa
Seller's Agent
Chris Thompson
Keller Williams Realty Consultants
Buyer's Agent
Diamond Shirley
List Price
$315,000
Sold Price
$320,000
Premium/Discount to List
$5,000
1.59%
Total Days on Market
47
Current Estimated Value
$374,595

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$54,595
Avg. Annual Appreciation
5.09%
Original Mortgage
$320,000
Outstanding Balance
$301,487
Interest Rate
3.69%
Mortgage Type
New Conventional
Estimated Equity
$73,407

Purchase Details

Closed on
Aug 22, 2014
Sold by
Elliott Travis and Elliott Elizabeth
Bought by
Senopole Benjamin J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,924
Interest Rate
4.1%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 29, 2008
Sold by
Discovery Developers Inc
Bought by
Banet Karen S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
5.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 7, 2007
Sold by
Discovery Developers Inc
Bought by
Elliott Travis and Elllott Elizabeth

Purchase Details

Closed on
Jul 30, 2007
Sold by
Mainstream Development Inc
Bought by
Discovery Developers Inc
Source: Public Records

Similar Homes in New Albany, IN

  • 3903 Rainbow Dr, New Albany, IN 47150

    $324,900

    • 4 Beds
    • 3 Baths
    • 1,920 Sq Ft
    • 3903 Rainbow Dr
    • New Albany, IN

    Open house Saturday 5/31/25 12-2. Welcome to this beautifully remodeled 4-bedroom, 3-bathroom home, conveniently located near I-265, shopping centers, and a variety of restaurants. The property boasts a new roof, new plumbing, modern light fixtures, and fresh interior paint. The heart of the home is the kitchen, featuring new white cabinets complemented by butcher block countertops. The main

    Robert Gaines Keller Williams Realty Consultants

    Section Image
  • 3507 Saint Joseph Ct, New Albany, IN 47150

    $340,000

    • 4 Beds
    • 2 Baths
    • 2,121 Sq Ft
    • 3507 Saint Joseph Ct
    • New Albany, IN

    Completely Renovated 4-Bedroom Gem in New Albany - Move-In Ready!This fully renovated home offers modern convenience and cozy comfort with brand-new everything, including smart home technology to control lights from your phone! A GE Profile appliance package (arriving soon) adds luxury. The open living and dining area flows into the kitchen, while the lower-level family room provides extra space

    Paola Morante Escobar Keller Williams Louisville East

    Section Image
  • 4020 Lucy Dr, New Albany, IN 47150

    $285,000

    • 3 Beds
    • 2 Baths
    • 2,160 Sq Ft
    • 4020 Lucy Dr
    • New Albany, IN

    Welcome to This beautifully updated 3-bedroom, 2-bath home in a sought-after New Albany neighborhood is move-in ready andfull of charm. Step inside to discover **modern finishes throughout including sleek flooring, contemporary lighting, and an open-concept layout that flows effortlessly from room to room. The **spacious, fully finished basement** offers endless possibilities game room, home gym,

    Samantha Hernandez Green Tree Real Estate Services

    Section Image
  • 3610 Mason Trail, New Albany, IN 47150

    $374,900

    • 3 Beds
    • 2 Baths
    • 1,527 Sq Ft
    • 3610 Mason Trail
    • New Albany, IN

    The SOUTHERN CHARM Floor plan was exclusively designed for THE GROVE. Ideally located, this home sits on a lot with SCENIC VIEWS and offers ELEGANCE at every turn. When you enter this 3 bedroom, 2 bath English Cottage style home, the 11ft COFFERED CEILINGS, oversized windows, and OPEN FLOOR PLAN take your breath away. The chef’s kitchen features a LARGE CUSTOM PANTRY, cabinets with custom

    Victoria Johns Green Tree Real Estate Services

    Section Image
  • 3613 Linnert Way, New Albany, IN 47150

    $374,900

    • 3 Beds
    • 2 Baths
    • 1,527 Sq Ft
    • 3613 Linnert Way
    • New Albany, IN

    The SOUTHERN CHARM Floor plan was exclusively designed for THE GROVE. Ideally located, this home sits on a lot with SCENIC VIEWS and offers ELEGANCE at every turn. When you enter this 3 bedroom, 2 bath English Cottage style home, the 11ft COFFERED CEILINGS, oversized windows, and OPEN FLOOR PLAN take your breath away. The chef’s kitchen features a LARGE CUSTOM PANTRY, cabinets with custom

    Victoria Johns Green Tree Real Estate Services

    Section Image
  • 1201 Lafayette Dr, New Albany, IN 47150

    $329,900

    • 3 Beds
    • 2.5 Baths
    • 2,513 Sq Ft
    • 1201 Lafayette Dr
    • New Albany, IN

    Spacious home in the established, desirable Colonial Estates neighborhood right off Charlestown Rd sitting on a meticulously manicured corner lot! The versatile living space is great for entertaining or just being able to spread out! 3 bedrooms, 2.5 bathrooms, office, den with wood stove, family/rec room featuring a wet bar and access to the back patio, large living room, formal dining room,

    Jesse Niehaus Semonin REALTORS

    Section Image
  • 930 Castlewood Dr, New Albany, IN 47150

    $350,000

    • 4 Beds
    • 2.5 Baths
    • 2,436 Sq Ft
    • 930 Castlewood Dr
    • New Albany, IN

    OPEN HOUSE SATURDAY 5/24/25 10AM - 12PM....EXCEEDINGLY DIFFICULT TO FIND at this price point - tons of love in this 4BR/2.5BA that gives you approx 2400SF (plus a HUGE full unfinished basement) and side entry two car garage. Built in 1966 and purchased by the current owner from the original owner, this beautiful two story still retains SO MUCH ORIGINAL CHARM - love the big, covered front porch -

    Bart Medlock RE/MAX FIRST

    Section Image
  • 4007 Fields Ln, New Albany, IN 47150

    $339,900

    • 3 Beds
    • 2 Baths
    • 1,500 Sq Ft
    • 4007 Fields Ln
    • New Albany, IN

    Brand New Construction built by Prosser Vocational School. This New Construction Home includes MANY UPGRADES not found in other homes of this Size or Price Point. This home includes Andersen Thermopane Windows, Dimensional Roof Shingles, Spray Foam Wall Insulation, 9' Poured Concrete Foundation Walls, Laundry Room Cabinetry, Upgraded Electrical Service that allows for future use of Generator, and

    David Bauer Schuler Bauer Real Estate Services ERA Powered (N

    Section Image
  • 3068 Bridlewood Ln Unit 234, New Albany, IN 47150

    $429,900

    • 4 Beds
    • 3 Baths
    • 2,264 Sq Ft
    • 3068 Bridlewood Ln
    • Unit 234
    • New Albany, IN

    OPEN HOUSE SUNDAY 2-4 PM ** Introducing the **WINDSOR II PLAN** with an attached 3-car garage, presenting 4 spacious bedrooms and 3 full baths. Revel in the harmoniously integrated Kitchen-Great Room design, accentuated by a 10' coffered ceiling. Triple windows adorned with elegant transoms flood the space with natural light. The contemporary kitchen features a generous island bar, seating for

    David Bauer Schuler Bauer Real Estate Services ERA Powered (N

    Section Image

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Orndorff Stephen $640,000 Kemp Law Office Llc
Senopole Benjamin J -- --
Banet Karen S -- None Available
Elliott Travis -- None Available
Discovery Developers Inc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Orndorff Stephen $320,000
Previous Owner Senopole Benjamin J $220,924
Previous Owner Banet Karen S $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/24/2022 03/24/22 Sold $320,000 +1.6% $124 / Sq Ft
02/26/2022 02/26/22 Pending -- -- --
02/24/2022 02/24/22 For Sale $315,000 -1.6% $122 / Sq Ft
01/24/2022 01/24/22 Off Market $320,000 -- --
01/11/2022 01/11/22 Pending -- -- --
01/10/2022 01/10/22 For Sale $315,000 -- $122 / Sq Ft
Source: Southern Indiana REALTORS® Association

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $3,511 $321,200 $61,400 $259,800
2023 $3,511 $297,600 $61,400 $236,200
2022 $3,152 $293,700 $61,400 $232,300
2021 $2,973 $275,000 $61,400 $213,600
2020 $3,005 $277,400 $61,400 $216,000
2019 $2,671 $246,900 $61,400 $185,500
2018 $2,688 $246,900 $61,400 $185,500
2017 $2,499 $226,000 $61,400 $164,600
2016 $2,260 $226,000 $61,400 $164,600
2014 $2,283 $228,300 $61,400 $166,900
2013 -- $224,500 $61,400 $163,100
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Southern Indiana REALTORS® Association

MLS Number: 202205206

Southern Indiana REALTORS® Association

APN: 22-05-06-300-254.000-008