3905 Rainbow View Dr, Indianapolis, IN 46221
Property image
Property image
OFF MARKET

$172,700

Trulia Estimate
  • 3 Beds
  • 2 Baths
  • 1,485 sqft (on 0.40 acres)

3905 Rainbow View Dr, Indianapolis, IN 46221

Mars Hill
Est. Refi. Payment $1,117/mo*
Refinance Your Home
Currently Off Market - Sold Dec 17, 2021 for $111,000

Home Value

Trulia Estimate
$173K
Since last month
Decreased$300 (-0.2%)
Since last year
Decreased$11K (-6%)
Since last sale
Increased$62K (+55.6%)
Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

Trulia Estimate

The of this home's value increased by +113% in the last 10 years
MonthEstimated value
2026
August 2026$173K
August 2026$172K
July 2026$173K
June 2026$176K
May 2026$174K
April 2026$179K
March 2026$176K
February 2026$177K
January 2026$174K
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
5026 Rixon Ave, Indianapolis, IN
0.26
Single-Family Home
$139,000
07/10/26
3
1.5
2,448
4020 S Lynhurst Dr, Indianapolis, IN
0.31
Single-Family Home
$255,000
06/12/26
4
1.5
1,732
4909 W Markwood Ave, Indianapolis, IN
0.34
Single-Family Home
$225,000
09/19/25
3
1
1,164
3980 Standish Dr, Indianapolis, IN
0.56
Single-Family Home
$125,000
11/07/25
3
1.5
936
4205 Solun Rd, Indianapolis, IN
0.62
Single-Family Home
$205,000
03/25/26
3
2
1,408
4132 Tincher Rd, Indianapolis, IN
0.57
Single-Family Home
$258,000
09/24/25
3
2
1,428
4325 W Mooresville Rd, Indianapolis, IN
0.58
Single-Family Home
$215,000
12/08/25
3
2
1,300
4221 Solun Rd, Indianapolis, IN
0.63
Single-Family Home
$215,000
07/27/26
3
2
1,248
3610 Olender Dr, Indianapolis, IN
0.34
Single-Family Home
$225,000
06/18/26
4
2
2,080
4635 Mesa Dr, Indianapolis, IN
0.59
Single-Family Home
$203,000
10/21/25
3
1.5
1,536

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
4910 W Mooresville Rd, Indianapolis, IN 46221
0.10
$125,600
2
1
1,728
Off Market
4948 Henna Ln, Brownsburg, IN 46112
0.15
$751,396
4
2.5
3,707
Recently Sold
4850 W Mooresville Rd, Indianapolis, IN 46221
0.15
$399,000
3
2
3,666
Recently Sold
4035 Robin Dr, Indianapolis, IN 46221
0.20
$293,200
4
2.5
2,928
Off Market
5204 W Mooresville Rd, Indianapolis, IN 46221
0.19
$157,200
3
1
988
Off Market
5204 W Hanna Ave, Indianapolis, IN 46221
0.20
$201,000
3
1.5
1,506
Off Market
5026 Rixon Ave, Indianapolis, IN 46221
0.26
$139,000
3
1.5
2,448
Recently Sold
4042 Judan Ct, Indianapolis, IN 46221
0.27
$249,900
3
2
1,441
Off Market
4914 W Markwood Ave, Indianapolis, IN 46221
0.30
$282,900
3
1.5
1,972
Off Market
4012 S Lynhurst Dr, Indianapolis, IN 46221
0.30
$177,000
2
1
900
Off Market
4116 Mann Rd, Indianapolis, IN 46221
0.34
-
-
-
-
Off Market
3731 Kentucky Ave, Indianapolis, IN 46221
0.30
$205,500
2
1
2,502
Off Market

Local Information

  • Map ViewExplore the area around 3905 Rainbow View Dr.
  • Schools1 Preschool School2 Elementary Schools1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Single-Family Home
Built in 1958
0.4 acre lot
1,485 sqft
$116/sqft

About this House

Newly Remodeled 3BR/2BA Brick Ranch on a quiet road in Decatur Township. Family Room could become a 4th Bedroom Suite with Shower. With Full Basement, Large Carport On Side That Can Double As A Covered Patio. Large Fenced Yard with Mature Trees.
3905 Rainbow View Dr, Indianapolis, IN 46221 is a 3 bedroom, 2 bathroom, 1,485 sqft single-family home in Mars Hill, built in 1958. It last sold for $111,000 on Dec 17, 2021. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $172,700, with a rent estimate of $1,808/month.

Home Details for 3905 Rainbow View Dr

Interior Features

Interior Details
BasementAtticNumber of Rooms: 8Types of Rooms: Family Room, Laundry RoomCeiling Fan
Heating & Cooling
Heating: Forced Air, GasAir ConditioningCooling System: CentralHeating Fuel: Forced Air
Levels, Entrance, & Accessibility
Stories: 1Floors: Carpet, Hardwood, Laminate

Exterior Features

Exterior Home Features
Roof: OtherExterior: Brick
Parking & Garage
Parking Space: 1Parking: Carport, Off Street

Property Information

Year Built
Year Built: 1958Year Updated: 1958
Property Type / Style
Property Type: Single Family HomeArchitecture: Ranch / Rambler

Community

Units in Building: 1

Lot Information

Lot Area: 0.40 acres

Price and Tax history

DateEventPrice
Dec 17, 2021
Source: MIBOR as distributed by MLS GRID #21825029
Sold
$111,000
Nov 20, 2021
Source: MIBOR as distributed by MLS GRID #21825029
Pending
$110,000
Nov 16, 2021
Source: MIBOR as distributed by MLS GRID #21825029
Listed For Sale
$110,000
Aug 20, 2013
Source: MIBOR as distributed by MLS GRID #21237940
Sold
$48,000
Jun 12, 2013
Source: Agent Provided
Listed For Sale
$54,500

Market trends in Indianapolis

Last updated August 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$257K
$6.7KMoM
Sale-to-List Price
99.7%
0.1%MoM
Price per sq ft
$145
$1MoM
Available listings
4241
187MoM

Around this home

View nearby schools on GreatSchools
The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

Neighborhood Overview

Mars Hill
See Local Highlights
Neighborhood stats provided by third party data sources.

What Locals Say about Mars Hill

At least 86 Trulia users voted on each feature.

  • 85 % Say parking is easy

  • 84 % Say car is needed

  • 82 % Say yards are well-kept

  • 77 % Say kids play outside

  • 64 % Say it's dog friendly

  • 53 % Say there's holiday spirit

  • 48 % Say it's walkable to grocery stores

  • 44 % Say neighbors are friendly

  • 42 % Say there's wildlife

  • 39 % Say people would walk alone at night

  • 35 % Say it's quiet

  • 34 % Say there are sidewalks

  • 33 % Say it's walkable to restaurants

  • 29 % Say they plan to stay for at least 5 years

  • 12 % Say streets are well-lit

  • 11 % Say there are community events

Sourced by Trulia users. Learn more about our methodology.
  • Lilsispeanut
    "There is an annual neighborhood block party, a church that provides free summer meals for kids, and a free book exchange. "
    0
    Flag
  • Trulia User
    "Everyone just helps each other around in that area and there is a art center and a really great school township "
    0
    Flag
  • Trulia User
    "Dog owners would dislike the fact that there is no yard for dogs to tun in. Also, those of us who do pick up after our animals are tired of being blamed for piles of poop others leave."
    2
    Flag
  • Della B.
    "I've lived here in the Decatur Township part of Mars Hill for over 2 years. I love my neighbors! They are friendly and neighbor is quiet. Anyone looking for a home on Southwest side of Indy, take note the Decatur Township side of Mars Hill is full of quiet neighborhoods. "
    5
    Flag
  • Trulia User
    "A lot of stray dogs and cats in the neighborhood. Which of the stray animals will use the restroom in your yard."
    1
    Flag
  • Trulia User
    "the school of StoutField on Sam Jones has a splashpark for anyone that wants to use it is about the only thing that is special in this neighborhood. "
    0
    Flag
  • Allykaat1
    "Been here over 10 years, last 5 have been horrible and continues to worsen by the day. Looking to move asap"
    23
    Flag
  • Nick D.
    "Drugs, domestic violence and loud noises. Avoid if you have any personal dignity. Kids growing up here will be exposed to the worst side of adults and likely be in danger."
    8
    Flag
  • Rebecca L. C.
    "It’s an old neighborhood with working families trying to get by day to day a lot of old school families I grew up here and have seen it go down no improvements here but good people for the most part. "
    10
    Flag
  • Sarah S.
    "I make it quick as possible, I don’t like being outside when it’s dark. Music thumps loudly in cars and you can hear gun shots often. "
    3
    Flag
  • Chelsie L.
    "Some people let their dogs run free throughout the neighborhood or their dogs can get out easily too."
    4
    Flag
  • Jess
    "The only thing I like about this location is I’m not far from 465 or 70. Only takes 10-15 min to get downtown, west side and south side. "
    0
    Flag
  • Jessie
    "Lots of stray cats and loose dogs running around. And not many safe places to walk. Very sketchy people and lack of sidewalks. "
    0
    Flag
  • Morris C.
    "Where the pedophiles live and where is crime being committed safe streets for kids more than one local grocery available "
    0
    Flag
  • D m.
    "Good neighborhood and good safety, nice app,very clean complex app, maintenance are very fast and quick "
    0
    Flag
  • Faith A.
    "I lived in the area when the kids were smaller and liked it. Want to move back into the are as soon as possible"
    22
    Flag
  • L_wjohnson
    "WE lived here for 9 years and would have stayed but we experienced job relocation. WE felt it was an excellent area, safe, accessible, and easy travel to all areas of Indianapolis, via I70 or I465. "
    1
    Flag

LGBTQ Local Legal Protections

Frequently asked questions about 3905 Rainbow View Dr

  • What is 3905 Rainbow View Dr estimated to be worth?
    Trulia's estimated value for 3905 Rainbow View Dr in Indianapolis, IN is $172,700.
  • What is the price history for 3905 Rainbow View Dr?
    3905 Rainbow View Dr in Indianapolis, IN last sold for $111,000 in December 2021.
  • Is Indianapolis a buyer's or seller's market?
    Indianapolis is currently a buyer's market, based on recent for-sale activity.
  • What's the median sale price in Indianapolis?
    The median sale price in Indianapolis is $257K. That is up $6.7K from the prior month.
  • Does 3905 Rainbow View Dr have air conditioning?
    Yes, 3905 Rainbow View Dr in Indianapolis, IN has air conditioning.
  • Does 3905 Rainbow View Dr have laundry facilities?
    Yes, 3905 Rainbow View Dr in Indianapolis, IN has laundry facilities.

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