Taxes
- Assessed Value: $32,200
- Assessed Year: 2025
- Assessed County: Marion
- APN: 49-01-29-120-006.000-407
- Assessed Land Value: 20800
- Market Land Value: 20800
- Tax Amount: 754.68
- Tax Year: 2024
- Market Value: 32200
- Market Year: 2025
7440 Rainbow Ln; Indianapolis, IN Property Details
Off market
7440 Rainbow Ln N Indianapolis, IN 46236
$35,000 Listing Price
Property Type
Residential GeneralProperty Details
Summary
- Purchase Method: Cash
- Owners / Type: 1 / Individual
- Owner Status: Individual
- Year Built: 1946
- Est. Equity / %: $184,000 / 100%
- Gross Yield: 12.522%
- APN: 49-01-29-120-006.000-407
- Situs County: Marion
- Length Of Ownership: 10 years, 1 months
Structure
- Building Style: Frame
- Building Condition: Fair
- Sewer Type: None
- Water Source: None
Measurements
- Lot: 40,206/SqFt
- Garage: 512/SqFt
Legal Description
- Description: RAINBOW HIGHLANDS 1ST SEC L15
Building Insights
Land Information
- Property Type: Residential General
- Within Flood Zone: True
- Flood Zone: X / Low/Medium Risk
- School District: Lawrence Township Metropolitan School District
- Lat / Lon: 39.89005 / -85.98216
- Subdivision: Rainbow Highlands 1st Sec
- Property Class: Residential
- Zoning: ZO01
- County Use Code: 599
Amenities
- Garage: Detached Garage
- Parking: 2
Ownership Info
7440 Rainbow Ln N has no associated ownership info
7440 Rainbow Ln N has no associated ownership info.
Taxes
7440 Rainbow Ln N has 10 associated Taxes items
7440 Rainbow Ln, Indianapolis, IN pays taxes in Marion County, IN. The most recent tax assessment records are from 2025 and show that the current assessed value of the property is $32,200. The APN we've located for 7440 Rainbow Ln is 49-01-29-120-006.000-407.
Unlock the full reportTax History
7440 Rainbow Ln N has 12 associated Tax History items
| Year | Assessed Value | Land Value | Improvement Value | Tax Amount | Change Rate | Assessed CR | Tax Rate |
|---|---|---|---|---|---|---|---|
| Year 2025 | Assessed Value $32,200 | Land Value $20,800 | Improvement Value $11,400 | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2024 | Assessed Value | Land Value | Improvement Value | Tax Amount $754.68 | Change Rate -0.002669% | Assessed CR | Tax Rate |
| Year 2023 | Assessed Value $31,900 | Land Value $20,800 | Improvement Value $11,100 | Tax Amount $756.7 | Change Rate -0.002347% | Assessed CR | Tax Rate +0.023721% |
| Year 2022 | Assessed Value $31,900 | Land Value $20,800 | Improvement Value $11,100 | Tax Amount $758.48 | Change Rate +0.036345% | Assessed CR | Tax Rate +0.023777% |
| Year 2021 | Assessed Value $29,900 | Land Value $20,800 | Improvement Value $9,100 | Tax Amount $731.88 | Change Rate +0.007544% | Assessed CR | Tax Rate +0.024478% |
| Year 2020 | Assessed Value $29,900 | Land Value $20,800 | Improvement Value $9,100 | Tax Amount $726.4 | Change Rate +0.117435% | Assessed CR | Tax Rate +0.024294% |
| Year 2019 | Assessed Value $29,900 | Land Value $20,800 | Improvement Value $9,100 | Tax Amount $650.06 | Change Rate -0.024344% | Assessed CR | Tax Rate +0.021741% |
| Year 2018 | Assessed Value $29,700 | Land Value $20,800 | Improvement Value $8,900 | Tax Amount $666.28 | Change Rate -0.03839% | Assessed CR | Tax Rate +0.022434% |
| Year 2017 | Assessed Value $30,500 | Land Value $20,800 | Improvement Value $9,700 | Tax Amount $692.88 | Change Rate +0.124805% | Assessed CR | Tax Rate +0.022717% |
| Year 2016 | Assessed Value $30,900 | Land Value $20,800 | Improvement Value $10,100 | Tax Amount $616 | Change Rate +0.016502% | Assessed CR | Tax Rate +0.019935% |
| Year 2014 | Assessed Value $30,300 | Land Value $20,800 | Improvement Value $9,500 | Tax Amount $606 | Change Rate +0.003311% | Assessed CR | Tax Rate +0.02% |
| Year 2013 | Assessed Value $30,300 | Land Value $20,800 | Improvement Value $9,500 | Tax Amount $604 | Change Rate | Assessed CR | Tax Rate +0.019934% |