7422 Rainbow Dr, Spencer, IN 47460 Property Records

Owen County property record for 7422 Rainbow Dr, Spencer, IN 47460 · Last verified August 2026

Property Highlights

Property Type	Residential > Single Family > Home
Bedrooms	3 Beds
Bathrooms	1 Baths
Year Built	Built 1992
Square Footage	1,552 sqft Living Area
Lot Size	219,542 sqft (5.04 acres)
Occupancy	Owner Occupied
Last Sale	$19,000 (2024)
Tax Bill	$717.00 (2025)

Owner

Source: Owen County records · APN 60-11-07-300-130.000-022

Assessment roll updated June 23, 2026 · Last verified August 2026

Owner names and exact recorded amounts shown locked on this page are available instantly with a free trial.

Owner of Record	Individual Name on File
Mailing Address	7422 RAINBOW DR, SPENCER, IN 47460-6362
Occupancy	Owner Occupied
Owner Type	Owner is an Individual, Couple or Unincorporated Entity

Deeds, Mortgages & Sale History

Assessor's Deed Record

Deed Names	Verified Name on Deed
Last Sale	Jun 28, 2024 · Amount on Record
Deed Sale	Jun 28, 2024 · Amount on Record
Prior Sale	Jul 16, 2012 · Amount on Record
Deed Doc Number	2024237060
Prior Transfer Date	May 30, 2024
Prior Transfer Doc	0000237060
Record Refreshed	Sep 20, 2026

March 2019: Intrafamily Transfer, Transfer

Document Type	Intrafamily Transfer
Jurisdiction	OWEN IN
Recording Date	Mar 13, 2019
Property Address	7422 RAINBOW DR, SPENCER, IN 47460-6362
Document Number	0000215660
Instrument Date	Feb 26, 2019
Instrument	215660
Transaction Type	Transfer
Record Updated	Jun 12, 2023

Transaction

Tax	$0.00
Additional	Interfamily Transfer

Transferred From (Grantor/Seller)

Name	Verified Name
Address	00000

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	6852 STATE HIGHWAY 246, SPENCER, IN 47460-6215

Tax Assessment & Valuation

Source: Owen County records · Assessment roll updated June 23, 2026 · Last verified August 2026

Property Jurisdictions

Type	Name
State	Indiana
County	Owen County
County Subdivision	Lafayette Township
Unified School District	Spencer-Owen Community Schools (PK - 12)

Tax Bill & Assessment History

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

Year	Tax Bill	Assessed Value	Assessed Market Value
2025	$717.00 (+23.2%) Homeowner's exemption	$130,300 (+22%) Land $57,300 Building $73,000	$130,300 (+22%) Land $57,300 Building $73,000
2024	$582.00 (-60.81%)
2023	$1,485.00 (+3.63%)	$106,800 Land $40,200 Building $66,600	$106,800 Land $40,200 Building $66,600
2022	$1,433.00

Flood & Wildfire

Source: FEMA National Flood Hazard Layer, Owen County (18119C), updated August 9, 2019 · USDA Forest Service Wildfire Risk to Communities, 2nd edition (2024), fuels as of 2020 · Last verified: October 2026

Flood

FEMA Flood Zone	Zone X
Flood Hazard	Minimal
500-Year Floodplain	No
Special Flood Hazard Area	No

Wildfire

Wildfire Risk	Low above 20% of the US · above 73% of Indiana
Wildfire Likelihood	About 1 in 10,000 per year
Exposure	Direct burnable vegetation at the parcel

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

Property Details

APN / Parcel Number

Primary APN	`60-11-07-300-130.000-022`
Alternative APN	`00001008094`

Interior

Bedrooms	3 Beds
Full Baths	1 Baths
Plumbing Fixtures	5 Plumbing Fixtures
Total Rooms	5 Rooms
Building Area	1,552 sqft Living Area
1st Floor	1,552 sqft 1st Floor
Basement Area	624 sqft Basement
Unfinished Basement	624 sqft Unfinished
Stories	1 Stories

Exterior

Year Built	Built 1992
Effective Year Built	Effective 1992
Construction Type	Wood Construction
Foundation Type	No Foundation Foundation
Roof Material	Metal Roof
Lot Area	219,542 sqft (5.04 acres)
Shed	1 Shed
Shed Area	320 sqft Shed

Utilities and HVAC

Cooling System	Central Cooling
Heating System	Central Heating

Location & Zoning

Account Number	00001008094
Street Address	7422 RAINBOW DR
City	SPENCER
State	IN
Zip	47460-6362
Property Usage	Residential Property Usage
Type	Residential > Single Family > Home
Legal Description	PT SW S7 T10 R4 5.04A AKA TRACT 5
Legal Range	4
Legal Township	10
Legal Section	7
Legal Tract	5
Jurisdiction	OWEN IN
Minor Civil Division	LAFAYETTE
Census Blockgroup	2
Census Block	2016
Census Tract	955701