5538 Rainbow Dr, Greendale, WI 53129 Property Records

Milwaukee County property record for 5538 Rainbow Dr, Greendale, WI 53129

Property Summary

Property TypeSingle Family Home
Details2,492 sqft · built 1967
Lot Size0.226 acres (9,845 sqft)
Owner2 Individual Names on File
Last Sale$411,000 (Oct 2023)
Tax Bill$2,876 (2025)
Deeds & MortgagesOct 2023 Sale & Mortgage
Flood ZoneZone X (minimal risk)
APN711-0141-000

Property Details

APN / Parcel Number

Primary APN711-0141-000
Alternative APN
  • 077110141000

Interior

Total Rooms10 Rooms
Stories2 Stories
Building Area2,492 sqft Living Area

Exterior

Year BuiltBuilt 1967
Effective Year BuiltEffective 1967
Lot Area9,845 sqft (0.226 acres)
Garage TypeDetached
Parking Spaces2 Parking Spaces

Utilities, Heating & Cooling

Cooling SystemCentral
Heating SystemForced Air with A/C

Location & Zoning

Street Address5538 RAINBOW DR, 5540
CityGREENDALE
StateWI
Zip53129-2810
Property CategoryResidential
Property TypeResidential > Single Family > Home
Local Zoning CodeRESIDENTIA
Legal DescriptionLAKE HIGHLANDS ADD 6 LOT 31 BLOCK 31
Legal SubdivisionLAKE HIGHLANDS ADD
Legal Block31
Legal Lot Number31
JurisdictionMILWAUKEE WI
Township / Civil DivisionGREENDALE
Census Block Group3
Census Block3007
Census Tract140202

Owner

5538 Rainbow Dr is owned and occupied by two individuals who bought it in October 2023.

Source: Milwaukee County records, as of September 3, 2026

Owner of Record2 Individual Names on File
Mailing Address5540 RAINBOW DR, GREENDALE, WI 53129-2810
OccupancyOwner Occupied
Owner TypeIndividual
VestingJoint Tenants

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

Assessor's Deed Record

Deed Names2 Names on Deed
Last SaleOct 26, 2023 · Amount on File
Deed SaleOct 26, 2023 · Amount on File
Prior SaleMay 8, 2003 · Amount on File
Deed Document Number202311377093
Prior Transfer DateApr 23, 2003
Prior Transfer Doc0008523562
Record UpdatedOct 29, 2026

October 2023: Personal Representative Deed, Transfer

Document TypePersonal Representative Deed
JurisdictionMILWAUKEE WI
Recording DateOct 26, 2023
Property Address5538 RAINBOW DR # 40, 40, GREENDALE, WI 53129-2810
Document Number0011377093
Instrument DateOct 11, 2023
Instrument11377093
Transaction TypeTransfer
Record UpdatedNov 2, 2023
Title CompanyNOT AVAILABLE, FOCUS TITLE LLC

Transaction

AmountAmount on Record
DownpaymentDownpayment on Record
Loan-to-Value (LTV)LTV on Record
Tax$1,233.00
Amount AccuracyRounded by County
Additional
  • Arm's Length

Transferred From (Grantor/Seller)

NameVerified Name

Transferred To (Grantee/Buyer)

NameVerified Name
RelationshipJoint Tenants with Right of Survivorship
Address5540 RAINBOW DRIVE, FRANKLIN, WI 53132

Mortgage

Document Number0011377094
DateOct 26, 2023
Instrument11377094
Lender
NameEDUCATORS CU
TypeCredit Union
Agreement
TypeConventional Mortgage
AmountAmount on Record
Term361 Months
DueNov 1, 2053
Interest
Rate TypeAdjustable Rate
Rate6.87%
AdjustableAdjustable Rate Rider
Change FrequencyAnnually
Index1-Year CMT

Tax Assessment & Valuation

The 2025 property tax bill for 5538 Rainbow Dr was $2,876 with a homeowner's exemption, down 49.4% from the year before.

Source: Milwaukee County assessment roll, as of September 3, 2026

Property Jurisdictions

TypeName
StateWisconsin
CountyMilwaukee County
MunicipalityGreendale Village
Unified School DistrictGreendale School District (PK - 12)

Tax Bill & Assessment History

YearTax BillAssessed ValueAssessed Market Value
2025$2,876.00 (-49.44%)$327,000 (-) Land $72,900 Building $254,100$379,000 (+5.6%)
2024$5,688.00 Homeowner's exemption$327,000 Land $72,900 Building $254,100$358,900
2022$5,291.00 Homeowner's exemption$282,600 Land $72,900 Building $209,700$286,900

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

Flood

FEMA maps place 5538 Rainbow Dr in Zone X, an area of minimal flood risk, though there have been 6 flood claims nearby since 1990.

Source: FEMA National Flood Hazard Layer, effective October 26, 2024 · OpenFEMA NFIP redacted claims and policies, as of September 2026

FEMA Flood ZoneZone X
minimal risk
Flood Insurance RequirementNot required
lenders may require it
Nearby Flood Policies5 in force
Nearby Flood Claims6 (1990–2025)
Claims Outside the SFHA5 of 6
Most Recent ClaimAug 2025 · Severe Storms, Straight-line Winds, Flooding, And Mudslides
Claims by Event
  • Severe Storms, Tornadoes, And Flooding, Jul 2010 · 3 claims

Values are read at the parcel center point; flood claims are located to the census block group, not this parcel; lenders make the official flood determination.

Wildfire

The area around 5538 Rainbow Dr has no burnable land within ember reach, so its wildfire risk is not rated.

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

Wildfire RiskNot rated
no burnable land within ember reach

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

Internet Providers

Source: FCC Broadband Data Collection, based on 350 locations within half a mile, as of December 31, 2025

ProviderMax Down / Up (Mbps)
Spectrum
Cable
1,000 / 1,000
T-Mobile
Fixed Wireless
100 / 20
AT&T
Fixed Wireless · DSL · Fiber in parts of the area
100 / 20

May also be available: Verizon.

Nearby Properties on Rainbow Dr

Nearby Streets

Search Property Records by Address or Parcel Number