Sold — 9987 Rainbow Falls Lane, Fishers, IN 46037
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Sheldon Barnes can help you list 9987 Rainbow Falls Ln
Sheldon Barnes is a Carmel realtor and licensed real estate agent serving Fishers, Indiana and the rest of Hamilton County. Whether you're ready to sell 9987 Rainbow Falls Ln in Spyglass Falls or just curious what your home is worth in today's Fishers market, he can put together a no-pressure valuation.
ABOUT THIS HOME
Check this one out! 6 bedrooms (2 master suites) 3 1/2 bathrooms. This home offers LOADS of space!! Spacious rooms with walk in closets!! 9ft ist floor ceilings, screened in porch for peaceful mornings, and evenings, firepit, fenced in yard, and wired for hot tub. The basement has recently been finished with one of the master suites, wet bar, and set up for entertaining!! The 2nd floor adds more space with 4 large bedrooms with the other master suite, and large rec room with a walk in closet for more storage. The laundry is on the 2nd floor where majority of bedrroms are for convenience!! This home lacks nothing!! Don't forget the 3 car garage!!
$419,900
$499,900
Check this one out! 6 bedrooms (2 master suites) 3 1/2 bathrooms. This home offers LOADS of space!! Spacious rooms with walk in closets!! 9ft ist floor ceilings, screened in porch for peaceful mornings, and evenings, firepit, fenced in yard, and wired for hot tub. The basement has recently been f...
4,104
Sq Ft
2003
Year Built
0.22
Acres
Off Market
Status
$420,600
Assessed Value
6
Bedrooms
Key things to know
- Sold 26% below list in 50 days
- Fireplace
- Finished basement (1,207 sqft)
- 3-car garage
- Spyglass Falls subdivision
Sold
$370,000
-$129,900 below list (-26.0%)
- Closed
- Sep 29, 2025
- Listed at
- $499,900
- Sold
- 7 months ago
- Sold in
- 50 days
Price history
- Sold$370,000
Sep 29, 2025
- Price reduced$449,900 → $419,900
Aug 5, 2025
- Listedat $499,900
Jun 26, 2025
Spyglass Falls · activity
past 6 months
- Sold
- 7
- Median price
- $469,000
- Median DOM
- 7 days
Recent comparable sales
$660,000
11631 Skyhawk Court
5bd · 5ba · 4,337 sqft
Sold May 2026
$652,300
12889 Girvan Way
6bd · 5ba · 5,190 sqft
Sold May 2026
$425,000
15317 Eastpark Circle W
5bd · 3ba · 3,004 sqft
Sold May 2026
$580,042
12992 Minden Drive
5bd · 4ba · 4,169 sqft
Sold May 2026
$785,000
10390 Tremont Drive
5bd · 5ba · 4,916 sqft
Sold Mar 2026
Comparative value
5 comps in this range
This home is 43% below median for similar nearby sales.
Estimated values and comparable-sales ranges shown here are for informational purposes only. They are derived from public records and recent MLS sales, are not an appraisal or formal Comparative Market Analysis (CMA), and should not be used as the sole basis for any pricing, purchase, sale, or financing decision. For an accurate market value of a specific property, contact Sheldon Barnes for a personalized CMA.
Sheldon Barnes
Real Estate Agent · Carmel Realty LLC
License No. RB21000235
FEATURES & AMENITIES
Interior
Climate
THE FACTS
Pricing trajectory, room-by-room layout, schools, and what's nearby.
Price history
$499,900Listed· Jun 26, 2025
$419,900Reduced
↓ $80,000 (16.0% off original)
50 days on market
Layout
Primary suite
Bedroom 2nd Primary,Closet Walk in
Primary bath
Sinks Double,Tub Full,Shower Stall Full
Schools
Hamilton Southeastern Schools
Elementary
Lantern Road Elementary School
Middle
Riverside Junior High
- 2.6 mi
High
Hamilton Southeastern HS
Neighborhood
- Fishers High School1.4 mi
- Conner Prairie1.5 mi
- Hamilton Southeastern HS2.6 mi
- Hamilton Town Center3.3 mi
- IU Health North Hospital4.3 mi
- Monon Trail (Carmel)6.8 mi
OFF-MARKET PROPERTY DETAILS
Living Area
4,104 sq ft
Year Built
2003
Stories
Two
Lot Size
0.22 acres
Subdivision
Spyglass Falls
Section 3-A
Bedrooms
6
Bathrooms
3 full, 1 half
Garage
3 spaces
School District
Hamilton Southeastern Schools
TAX ASSESSMENT
Hamilton County assessed values for current year
Total Assessed Value
$420,600
Land Value
$73,200
17% of total
Improvement Value
$347,400
83% of total
- Annual tax · 2025
- $6,320
PARCEL & LEGAL
Lot / Section
Section 3-A