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Single Family ResidenceResidential
$282,540$143 / ft²
TopHap EstimateOur estimate of what this home would sell for today, based on nearby sales, the home's size and features, and local price trends. It is a starting point, not an appraisal.· confidence 83How well the pricing models agreed with each other on this home. Higher means the estimate rests on stronger, more consistent data.· as of Jul 14, 2026
Last sold for $114,900 on Mar 16, 2016

303 RAINBOW DR

ROCKVILLE, IN 47872
3
Beds
2.5
Baths
1,976 ft²
Living AreaTotal finished area of the structures, from county records. Some counties include shared space like hallways or a building gym, so it may not match a listing.
1.07 ac
Lot SizeThe size of the land the home sits on, from county records.
1988
Year BuiltThe year the home was originally built, according to county records.
2
StoriesHow many floors the home has above ground.
3
RoomsThe total room count in county records. Counties differ on which rooms they count, so compare it loosely.

Valuation

$283K
$234K low$331K high
Last SaleThe most recent sale price and date from the recorded deed. Transfers between family members or companies may not reflect market value.$114,900 · Mar 16, 2016
Est. Owner EquityRoughly how much of the home's value the owner would keep after paying off known loans. It is our estimate minus the loans still owed.$282,540
Est. Lendable EquityThe part of the owner's equity a lender would typically let them borrow against — about 80% of their equity.$226,032

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$1,717 (2025)
Assessed ValueThe value the county assigns to this home to calculate property tax. It is often lower than what the home would sell for.$247,900 (2025)
Assessed LandThe share of the county's assessed value that comes from the land itself, not the buildings.$57,000
Assessed ImprovementsThe share of the county's assessed value that comes from the buildings and other structures on the land.$190,900
Previous AssessedThe county's assessed value from the year before, useful for seeing how the assessment changed.$249,000
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$247,900

Climate Risk

Overall riskThe average of the five hazard scores below, on a 0 to 100 scale. Higher means greater projected risk over the coming decades.51
67
FloodProjected flooding risk from rivers, heavy rain, and storm surge, scored 0 to 100. Higher is riskier.
10
WildfireProjected wildfire risk, scored 0 to 100, based on how much land burns in a typical year. Higher is riskier.
81
HeatProjected heat risk, scored 0 to 100, based on how many extremely hot days a year are expected. Higher is riskier.
73
StormProjected risk from heavy rainstorms, scored 0 to 100, based on how often extreme rainfall is expected. Higher is riskier.
27
DroughtProjected water shortage risk, scored 0 to 100. Higher means more strain on the local water supply.
Projected Flood DepthHow deep a serious flood is expected to get here at some point in the next 30 years. Shown in inches.35 in
30-Year Flood ChanceThe chance of at least one serious flood here in the next 30 years, not in any single year.30%

Scores 0–100; higher = greater projected risk.

Property Facts

Property TypeThe broad category the county puts this property in, such as residential or commercial.Single Family Residence
CountyPARKE
Effective Year BuiltAn adjusted build year that accounts for condition and major remodels. A big renovation can make a home count as newer than it is.1989
Lot (acres)The size of the land the home sits on, from county records.1.07
ConstructionThe main material the home's frame and walls are built from.Wood (Unspecified)
FoundationWhat the home is built on, such as a concrete slab, a crawl space, or a basement.No Foundation
RoofThe main material covering the roof, such as asphalt shingle or tile.Asphalt
HeatingThe type of heating system in the home.Central
CoolingThe type of cooling or air conditioning in the home.Central
PoolWhether the property has a pool, and what kind, such as in-ground.No

Assigned SchoolsThe public schools this address is zoned for. Boundaries change, so confirm with the district before you count on it.

H
Parke Heritage High SchoolB-
High · Grades 9–12 · 0.7 mi
E
Rockville Elementary SchoolB
Elementary · Grades KG–5 · 0.8 mi
M
Parke Heritage Middle SchoolB
Middle · Grades 6–8 · 7.0 mi

District: North Central Parke Community School Corporation

Neighborhood · ZIP 47872These are comparison scores, not percentages. 100 equals the national average, so 150 means about 50% above average.

CrimeLocal crime compared with the rest of the country, where 100 is average. It reflects things like population density, income, and how crime gets reported.94
Air pollutionOverall air pollution compared with the rest of the country, where 100 is average. Lower is cleaner.101
EarthquakeEarthquake risk and likely building damage compared with the rest of the country, where 100 is average. Scores can run far above 100.54

Index scale: 100 = US average (tick). Lower is better.

Homes occupiedThe share of homes here that someone lives in. The rest sit empty, including vacation and for-sale homes.81%
Bachelor's or higherThe share of adults 25 and older whose highest degree is a bachelor's degree.11%
Poverty rateThe share of people whose household income falls below the federal poverty line, which varies by family size.16%
UnemploymentThe share of men 16 and older who are out of work and actively looking. Only men are counted in this figure.1.1%
PopulationHow many people live in this area.8,472
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.48 / mi²
Median incomeThe middle household income here — half of households earn more, half earn less.$59,981
Average incomeThe average household income. It runs higher than the median when a few high earners pull it up.$76,504
Average tempThe average temperature here across a full year.52°F
Annual precipHow much rain and melted snow falls here in a typical year.43 in
SunshineThe share of daylight hours that get direct sun in a typical year, counting cloud cover.55%

Ownership

OccupancyWhether the owner appears to live here or somewhere else. It is inferred from the mailing address on record.Owner occupied
Company ownedWhether the owner is a company or trust rather than a person.No

Data by ATTOM. Valuations are automated estimates, not appraisals. Photos from Google Street View and may not depict the current property state.

How this home compares

303 Rainbow Dr measured against every home in its neighborhood, its ZIP code and its county, using county assessor records refreshed nightly. A home can stand out in one of those areas and look ordinary in another, because each one holds a different mix of homes.

  • Worth more than 69% of homes in Parke County
  • Bigger than 72% of homes in Parke County
  • Newer than 68% of homes in Parke County

What homes are worth in Rockville 47872

Each bar is how many homes fall in that price range. The marker is this home.

This home
$57K$746K

This home is worth more than 62% of homes in Rockville 47872.

How it measures up in Rockville 47872

The dot is this home. The mark in the middle is the typical home in Rockville 47872.

Estimated value$282,540
CheaperTypical $233,325Pricier

Pricier than 62% of homes nearby

Price per ft²$143
CheaperTypical $153Pricier

Pricier than 44% of homes nearby

Living area1,976 ft²
SmallerTypical 1,550 ft²Bigger

Bigger than 71% of homes nearby

Lot size1.07 ac
SmallerTypical 0.77 acBigger

Bigger than 60% of homes nearby

Year built1988
OlderTypical 1975Newer

Newer than 65% of homes nearby

How 303 Rainbow Dr ranks against every home in each area.
MeasureThis homeRockville 47872Parke County
Estimated valuepricier than$282,54062% of homes69% of homes
Price per ft²pricier than$14344% of homes55% of homes
Living areabigger than1,976 ft²71% of homes72% of homes
Lot sizebigger than1.07 ac60% of homes57% of homes
Year builtnewer than198865% of homes68% of homes

About 303 Rainbow Dr

How much is 303 Rainbow Dr, Rockville, IN worth?

The TopHap Estimate for 303 Rainbow Dr, Rockville, IN is $282,540 as of Jul 14, 2026. The likely range is $233,639 to $331,441. The estimate is modelled from recorded sales, assessments and the property's own characteristics — it is not an appraisal.

When did 303 Rainbow Dr, Rockville, IN last sell?

303 Rainbow Dr, Rockville, IN last sold on Mar 16, 2016 for $114,900, according to the county's recorded deed.

How big is 303 Rainbow Dr, Rockville, IN?

303 Rainbow Dr, Rockville, IN has 3 bedrooms, 2.5 bathrooms, 1,976 square feet of living space and a 1.07-acre lot.

When was 303 Rainbow Dr, Rockville, IN built?

303 Rainbow Dr, Rockville, IN was built in 1988, making it 38 years old. The building has 2 stories.

What schools serve 303 Rainbow Dr, Rockville, IN?

303 Rainbow Dr, Rockville, IN is assigned to Parke Heritage High School (high), rated B-; Rockville Elementary School (elementary), rated B; Parke Heritage Middle School (middle), rated B. All sit in North Central Parke Community School Corporation. Attendance boundaries change — confirm with the district before relying on an assignment.

How does 303 Rainbow Dr, Rockville, IN compare to other homes in Rockville 47872?

Among the 3,561 homes in Rockville 47872, it is worth more than 62% of them ($282,540 against a typical $233,325), its price per square foot is higher than 44% of them ($143 against a typical $153), it is bigger than 71% of them (1,976 ft² against a typical 1,550 ft²), its lot is bigger than 60% of them (1.07 ac against a typical 0.77 ac) and it is newer than 65% of them (1988 against a typical 1975). Measured against all of Parke County, it is worth more than 69% of homes there. These shares are recounted nightly from the full county assessor record for each area, not from active listings.

What are the property taxes on 303 Rainbow Dr, Rockville, IN?

The 2025 property tax bill for 303 Rainbow Dr, Rockville, IN was $1,717. The county assessed it at $247,900.

More homes on Rainbow Dr

Closest homes

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