3907 Rainbow Drive, New Albany, IN 47150

$246,000 Asking Price

3 beds
1 bath
1,152  sqft
Built in 1950

BACK ON MARKET DUE TO BUYERS CHANGE OF PLANS, so here’s your second chance! Work hard, live well and dream big all on your own acre of land in the middle of the city. This 3 bedroom, 1 bathroom home with updates throughout offers the comfortable living you need. Enjoy the ACRE of land and two BARN spaces that offer over 4,500+ of square foot able to work and play in. Details such as a finishable upstairs loft in the wooden barn, car lift and serene creek behind your work space gives this property unique flexibility to be an investment for you. Schedule your private showing today before this one of a kind property is gone!


Features & Amenities

Interior

General:
Breakfast Bar,Eat-in Kitchen,Main Level Primary,Utility Room
Appliances:
Microwave,Oven,Range
Laundry:
In Garage,Other
A/C:
true, Window Unit(s),WallWindow Unit(s)
Heating:
true, Forced Air
Fireplace:
Wood Burning, Fireplace, Fireplaces: 1

Exterior

General:
Fence,Landscaping,Patio, Barn(s),Garage(s),Pole Barn,Shed(s)
Style:
One Story
Other Structures:
Barn(s),Garage(s),Pole Barn,Shed(s)
Parking:
Attached,Garage

Construction

Roofing:
Shingle
Windows:
Thermal Windows
General:
Block,Concrete,Frame,Vinyl Siding, 1, Poured

Location

Road/Access:
Gravel,Paved
Originating MLS:
SIRA
County:
Floyd

Lot

Zoning:
Residential, 63 ILL. GRANT PRT LETTER "A" 0.989AC., 0084422052
Fencing:
Yard Fenced

Utilities

Water:
Connected,Public
Sewer:
Public Sewer

Financial

Source:
SIRA

This listing courtesy of:
Covenant Realty, LLC

About New Albany, IN

Housing

Number of Units
22,455
Median Home Value
$158,082
Median Rent
$638

36.06% of housing units are renter occupied.

7.44% are vacant.

Commute

Car
78.21%
Public Transportation
0.82%
Walk to Work
1.77%
Work from Home
18.91%
Other
0.23%

The median travel time to work is 19 minutes.

People

Population
48,823
Median Age
38.50
Median Household Size
2.50

Education

High School
33.58%
Associate’s Degree
9.20%
Bachelor’s Degree
16.33%
Graduate Degree
9.28%

Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.

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