3 beds 2 baths 2,736 sq. ft.
39.8763 -86.1692

530 Rainbow Lane Indianapolis, IN 46260

Est. Monthly $1,211 with $1,422 in taxes recalculate
3 beds 2 baths 2,736 sf

Have A Question? Contact Office Contact CENTURY 21 Scheetz

CENTURY 21 Scheetz
135 E. Sycamore Street
Zionsville, IN 46077
CENTURY 21 Scheetz
135 E. Sycamore Street Zionsville, IN 46077
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530 Rainbow Lane
Indianapolis, IN 46260

Explore This Property

Single Family Detached - Walk to Meridian Hills Country Club or Holliday Park. Check out the solid bones on this 3BR 2BA Bedford Stone Ranch in popular Spring Mill Estates. Basement with rec room, new carpet, built-in drawers & dbl closets in all BRs, stone fireplace in family room. Large mature trees front quiet street. Long driveway, lots of parking, large private yard with bbq pit perfect for entertaining. Enjoy the original 1950s retro decor or update to your tastes. Short hop to Broad Ripple, shopping, highways
MLS # 21489882
Courtesy Of Carpenter Realtors

Property Features

  • Age: Over 50 Years Old
  • Amenities: Patio, Basement
  • Appliances: Dishwasher, Dryer, Oven, Washer
  • Architecture Style: Ranch
  • Cooling System: Ceiling Fan(s), Central A/C
  • Exterior Type: Stone
  • Lot Size: 0.59 Acres
  • Parking Type: Garage - Attached, Guest, Open
  • Roof Type: Unknown
  • Rooms: Basement, Bedroom, Breakfast Room, Full Bath, Living Room

  • Purchase or Lease Opportunities

    Traditional Mortgage
    30 year mortgage at 4.75% APR
    $1,211Your estimated monthly payment
    $42,98020% Down Payment
    $214,900 $193,410 $1,422
    purchase price loan amount property tax (est)
    Explore Mortgage Options
    Lease With A Right to Purchase
    from Home Partners of America
    Monthly Rent Estimate
    Applicant and property must meet certain eligibility requirements. The Monthly Rent and Right to Purchase shown are estimates only and are based upon certain assumptions. Actual amounts may vary.*
    Year Rent/Mo Purchase Price
    1 $1,860 $230,600
    2 $1,930 $238,700
    3 $2,000 $247,000
    4 $2,080 $255,700
    5 $2,160 $264,600
    Program Details
    *Neither Century 21 Real Estate LLC nor any of its franchisees or other affiliated companies provides, or is in any way responsible, for any product or service offered by Home Partners of America.

  • Elementary School
    Grades K-5 | Public School

    1000 E 91ST ST

    Total Students 700
    Student Teacher Ratio 9:1

    School Rating

    1 star View School Details
    Grades K-5 | Public School

    802 FOX HILL DR

    Total Students 800

    School Rating

    1 star View School Details
    Middle School
    Grades 6-8 | Public School


    Total Students 875
    Student Teacher Ratio 13:1

    School Rating

    1 star View School Details
    High School
    Grades 9-12 | Public School

    1801 E 86TH ST

    Total Students 3448
    Student Teacher Ratio 17:1

    School Rating

    3 stars View School Details
    Other Nearby Schools Distance Type Grades School Rating Parent Rating
    Jewish Community Center 0.3 mi Private PRESCHOOL-PRESCHOOL
    Bureau Of Jewish Education 0.3 mi Private 3-8
    Hasten Hebrew Academy 0.3 mi Private PRESCHOOL-8
    The Rabbi Naftali Riff Yeshiva 0.3 mi Private 9-12
    Indiana Assoc Of Independent Schls 0.3 mi Private PRESCHOOL-8
    The Orchard School 0.3 mi Private PRESCHOOL-8
    A Children's Habitat Montessori Preschl 0.7 mi Private PRESCHOOL-5
    Westlane Middle School 1.0 mi Public 6-8
    Christ Church/child Care 1.0 mi Private PRESCHOOL-PRESCHOOL
    Sycamore School 1.2 mi Private PRESCHOOL-8
    Saint Luke School 1.2 mi Catholic K-8
    Village Montessori School 1.4 mi Private PRESCHOOL-K
    Park Tudor School (9-12) 1.4 mi Private 9-12
    Park Tudor School (pk-5) 1.4 mi Private PRESCHOOL-12
    Park Tudor School (6-8) 1.4 mi Private PRESCHOOL-12
    Immaculate Heart Of Mary School 1.6 mi Catholic K-8
    Center For Inquiry School 84 1.6 mi Public K-8
    Indiana School For The Blind And Visually Impaired 1.8 mi Public K-12
    Broad Ripple Magnet High School For The Arts & Humanities (6-8) 1.8 mi Public 6-8

    Local Area Information for Indianapolis, IN 46260

    Median Age: 36.2
    Married: 30.8%
    Number of Households: 13,904
    Households with Children: 3,921
    • Occupancy Types
      • 0 Vacant
      • 0 Owned
      • 0 Rented
    • Transportation to Work
      • 0 Drive
      • 0 Public Transportation
      • 0 Walk / Bike / Other
      • 0 Work at Home
    (in Degrees Fahrenheit)
      Visit Area Info Page

      Copyright © 2017 MIBOR Service Corporation. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
      Community information and market data Powered by Onboard Informatics. Copyright ©2016 Onboard Informatics. Information is deemed reliable but not guaranteed. * Based on a 30-year fixed rate of 4.75% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
      Sources: Maponics, LLC and Onboard Informatics ©2016. School Performance data by SchoolDigger.com. School Review data by Niche.com. This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.
      The Single Family Detached located at 530 Rainbow Lane, Indianapolis, IN 46260 is currently for sale. 530 Rainbow Lane, Indianapolis is listed for $214,900. This property has 3 bedrooms, 2 full bathrooms, and approximately 2,736 square feet. If the property located at 530 Rainbow Lane, Indianapolis, IN isn't what you're looking for, search Indiana real estate to see other houses for sale in Indianapolis.