4048 Rainbow View Dr, Indianapolis, IN 46221 Property Records

Marion County property record for 4048 Rainbow View Dr, Indianapolis, IN 46221

Property Summary

Property Type	Single Family Home
Details	4 bd · 2 ba · 1,328 sqft · built 1962
Lot Size	0.358 acres (15,638 sqft)
Owner	Individual Name on File
Last Sale	$225,000 (Oct 2021)
Tax Bill	$2,491 (2023)
Deeds & Mortgages	Oct 2021 Sale & Mortgage Apr 2021 Mortgage
Flood Zone	Zone X (minimal risk)
APN	`49-11-31-105-076.000-200`

Property Details

APN / Parcel Number

Primary APN	`49-11-31-105-076.000-200`
Alternative APN	`2003753`

Interior

Bedrooms	4 Beds
Full Baths	2 Baths
Plumbing Fixtures	8 Plumbing Fixtures
Total Rooms	10 Rooms
Stories	1 Story
Building Area	1,328 sqft Living Area
Gross Area	2,336 sqft
1st Floor Area	1,328 sqft
Basement Area	1,328 sqft
Family Room	Family Room
Game Room	Game Room
Fireplaces	2 Fireplaces
Fireplace	Masonry

Exterior

Year Built	Built 1962
Effective Year Built	Effective 1994
Construction Type	Stone
Roof Material	Asphalt
Lot Area	15,638 sqft (0.358 acres)
Lot Dimensions	182 ft deep x 86 ft wide
Terrain	High
Garage Type	Attached
Garage Area	280 sqft
Parking Spaces	1 Parking Space
Patio Area	726 sqft

Utilities, Heating & Cooling

Cooling System	Central
Heating System	Central

Location & Zoning

Account Number	2003753
Old Parcel Number	2003753
Street Address	4048 RAINBOW VIEW DR
City	INDIANAPOLIS
State	IN
Zip	46221-2954
Property Category	Residential
Property Type	Residential > Single Family > Home
Legal Description	ROLLING KNOLLS ADD L45
Legal Range	03
Legal Township	15
Legal Section	31
Legal Subdivision	ROLLING KNOLLS ADD
Legal Lot Number	45
Jurisdiction	MARION IN
Township / Civil Division	DECATUR
Census Block Group	2
Census Block	2021
Census Tract	370201

Owner

4048 Rainbow View Dr is owned and occupied by an individual who bought it in October 2021.

Source: Marion County records, as of May 10, 2024

Owner of Record	Individual Name on File
Mailing Address	7230 ARBUCKLE CMNS STE 256, 256, BROWNSBURG, IN 46112-1798
Occupancy	Owner Occupied
Owner Type	Individual

Owner names and exact recorded amounts are on file and can be viewed instantly on this page with a free 10-day trial.

Deeds, Mortgages & Sale History

Date	Document
Oct 19, 2021	Warranty Deed, Transfer · Conventional Mortgage BETTER MORTGAGE CORP
Apr 13, 2021	Warranty Deed, Transfer · Commercial Mortgage PANTHEON CAPITAL ADVISORS INC

Assessor's Deed Record

Deed Names	Name on Deed
Last Sale	Oct 19, 2021 · Amount on File
Deed Sale	Oct 19, 2021 · Amount on File
Prior Sale	Apr 13, 2021
Deed Document Number	A202100139677
Record Updated	Jun 7, 2026

October 2021: Warranty Deed, Transfer

Document Type	Warranty Deed
Jurisdiction	MARION IN
Recording Date	Oct 19, 2021
Property Address	4048 RAINBOW VIEW DR, INDIANAPOLIS, IN 46221-2954
Document Number	0000139677
Map Reference	BK 29 PG 213
Instrument Date	Oct 12, 2021
Instrument	A202100139677
Transaction Type	Transfer
Record Updated	Feb 9, 2023

Transaction

Amount	Amount on Record
Downpayment	Downpayment on Record
Loan-to-Value (LTV)	LTV on Record
Tax	$0.00
Amount Accuracy	Verified / From Affidavit
Additional	Arm's Length

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	4048 RAINBOW VIEW DR, INDIANAPOLIS, IN 46221-2954

Mortgage

Document Number	0000139678
Date	Oct 19, 2021
Instrument	A202100139678

Lender

Name	BETTER MORTGAGE CORP

Agreement

Type	Conventional Mortgage
Amount	Amount on Record

April 2021: Warranty Deed, Transfer

Document Type	Warranty Deed
Jurisdiction	MARION IN
Recording Date	Apr 13, 2021
Property Address	4048 RAINBOW VIEW DR, INDIANAPOLIS, IN 46221-2954
Document Number	0000048047
Map Reference	PB 29 PG 213
Instrument Date	Apr 9, 2021
Instrument	A202100048047
Transaction Type	Transfer
Record Updated	Feb 9, 2023

Transaction

Tax	$0.00
Additional	Arm's Length

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	11211 CATALINA DR, FISHERS, IN 46038-5343
Investor	Possibly a Property Investor

Mortgage

Document Number	0000048048
Date	Apr 13, 2021
Instrument	A202100048048

Lender

Name	PANTHEON CAPITAL ADVISORS INC
Type	Funding / Finance Company

Agreement

Type	Commercial Mortgage
Amount	Amount on Record
Term	48 Months
Due	Aug 9, 2021

Interest

Rate Type	Fixed Rate

Tax Assessment & Valuation

Source: Marion County assessment roll, as of July 1, 2023

Property Jurisdictions

Type	Name
State	Indiana
County	Marion County
County Subdivision	Decatur Township
Consolidated City	Indianapolis City
Unified School District	Decatur Township Metropolitan School District (KG - 12)

Tax Bill & Assessment History

Year	Tax Bill	Assessed Value	Assessed Market Value
2023	$2,491.00 (-44.97%)	$219,600 (+9.09%) Land $12,000 Building $207,600	$219,600 (+9.09%) Land $12,000 Building $207,600
2022	$4,527.00 Homeowner's exemption	$201,300 Land $12,000 Building $189,300	$201,300 Land $12,000 Building $189,300

Assessed value and assessed market value are set for property tax purposes and are not market price estimates.

Flood

FEMA maps place 4048 Rainbow View Dr in Zone X, an area of minimal flood risk.

Source: FEMA National Flood Hazard Layer, effective June 7, 2026

FEMA Flood Zone	Zone X minimal risk
Flood Insurance Requirement	Not required lenders may require it

Values are read at the parcel center point; lenders make the official flood determination.

Wildfire

Wildfire risk around 4048 Rainbow View Dr is low, with less than a 0.01% annual chance of wildfire.

Source: USDA Forest Service Wildfire Risk to Communities (2nd edition), as of 2024

Wildfire Risk	Low lower than 97% of the US · lower than 78% of Indiana
Wildfire Likelihood	Under 0.01% annual chance
Exposure	Direct burnable vegetation

Values cover an area roughly 900 ft across, not the parcel itself; insurers use their own ratings.

Drinking Water

Source: EPA Safe Drinking Water Information System, as of September 2026

Water System	CITIZENS WATER - INDIANAPOLIS serves 880,345 people · EPA ID IN5249004
Water Source	Surface water
Last State Inspection	May 2024
Lead	3 ppb (2026) action level 15 ppb

Violations Reported to EPA

Water Quality	None last 10 years
Treatment and Procedure	None last 10 years
Monitoring and Reporting	None last 3 years

Results are for the whole water system, not water tested at this address; lead at the tap also depends on the building's own pipes.

Internet Providers

Source: FCC Broadband Data Collection, based on 263 locations within half a mile, as of December 31, 2025

Provider	Max Down / Up (Mbps)
AT&T Fiber · Fixed Wireless, DSL in parts of the area	5,000 / 5,000
Xfinity Cable	2,000 / 250
Verizon Fixed Wireless	300 / 20

May also be available: T-Mobile.

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