1411 Rainbow Dr
Sheldon, IA 51201
3 Beds
4 Baths
4,338 sqft (on 1.50 acres)
$510,000
Last Sold: Jun 2, 2026
11% below list $575K
$118/sqft
Est. Refi. Payment $3,168/mo*
$510,000
Last Sold: Jun 2, 2026
11% below list $575K
$118/sqft
Est. Refi. Payment $3,168/mo*
3 Beds
4 Baths
4,338 sqft
(on 1.50 acres)
Local Information
- Map ViewExplore the area around 1411 Rainbow Dr.
- Schools1 Preschool School2 Elementary Schools1 Middle School1 High School
- Shop & Eat
-- mins to
Home Highlights
Property Type
Single-Family Home
Year Built
1993
Lot Size
1.5 acres
Living Area
4,338 sqft
Price/Sqft
$118/sqft
Parking
3 Car Garage
Description
The location and view coupled with this homes features make it one of a kind! Sitting on a large 1.5 acre lot on the North side of Sheldon you will quickly fall in love with the gorgeous views, sunrises and sunsets on the beautiful Iowa countryside! This property boasts a sprawling lawn with meticulously manicured landscaping, a large wrap around deck to enjoy with company, patio for grilling, and matching lawn shed to get things started. The oversized 3 car attached and finished garage is ample space to store the vehicles, toys and space for a work area too. The main floor is over 2600 square feet of space featuring a grand entry way, formal living and dining room, open kitchen to family room with a large all brick gas fireplace just adjacent to the cozy sun room. Staying on the main floor you will also find the master bedroom featuring a luxurious on suite which includes a jet tub and large walk in closet, and rounding out the main floor is a very nice office / study, ½ bath, laundry and many updates have been made on this main floor over the last years. The upper level consists of 2 additional large bedrooms with ample closet space and a full bathroom as well. In the basement you will be delighted to find a large finished entertainment and rec room to host game nights and watch the big game! There is a ¾ bath, loads of storage and a non-conforming bedroom. The utility room has some updated equipment and is serviced and has been maintained well over the years. This home was built and cared for by the same owners and now is your chance to take ownership of one of Sheldon’s finest and most elegant properties. You’ll get to enjoy all of the natural light inside and out, efficiency and functionality, a plush lawn that is maintained by a sprinkler system, all in a quiet neighborhood in town on Iowa’s beautiful countryside! UTILITIES INFO - AVERAGE MONTHLY TOTAL: $352.55 - Gas/Electric: MidAmerican Energy; Garbage/Recycling: City of Sheldon; Water/Sewer: City of Sheldon
1411 Rainbow Dr, Sheldon, IA 51201 is a 3 bedroom, 4 bathroom, 4,338 sqft single-family home built in 1993. It last sold for $510,000 on Jun 2, 2026 (11% below the $575,000 asking price). It is currently off market. The Trulia Estimate is $512,000, with a rent estimate of $2,456/month.
Home Details for 1411 Rainbow Dr
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Interior Details Basement: Finished |
Beds & Baths Number of Bedrooms: 3Main Level Bedrooms: 1Number of Bathrooms: 4Number of Bathrooms (main level): 2 |
Dimensions and Layout Living Area: 4338 Square Feet |
Appliances & Utilities Appliances: Water Softener: Other-See Comments |
Heating & Cooling Heating: Forced AirHas CoolingAir Conditioning: Central AirHas HeatingHeating Fuel: Forced Air |
Levels, Entrance, & Accessibility Stories: 2Levels: Two |
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Exterior Home Features Roof: ShinglePatio / Porch: 3 Season Porch, Deck, PatioOther Structures: Storage Shed |
Parking & Garage Number of Garage Spaces: 3Has a GarageHas an Attached GarageParking Spaces: 3Parking: Attached,Triple,Concrete |
Water & Sewer Sewer: Public Sewer |
Finished Area Finished Area (above surface): 3130 Square FeetFinished Area (below surface): 1208 Square Feet |
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Year Built Year Built: 1993 |
Property Type / Style Property Type: ResidentialProperty Subtype: Single Family Residence, Residential |
Building Construction Materials: BrickNot a New Construction |
Property Information Parcel Number: 0049179500 |
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Price List Price: $575,000Price Per Sqft: $118/sqftPrice Range: $510,000 - $575,000 |
Status Change & Dates Off Market Date: Mon Apr 13 2026 |
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MLS Status: Closed |
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Direction & Address City: Sheldon |
School Information Elementary School: SheldonJr High / Middle School: SheldonHigh School: Sheldon |
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Building Area Building Area: 4338 Square Feet |
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Lot Area: 1.5 Acres |
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Contingencies: Contingency Type: None |
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BasementMls Number: 823640Above Grade Unfinished Area: 3130 |
Last check for updates: about 2 hours ago
Listed by Corey Elgersma, (712) 348-1770
ISB Services Inc
Bought with: Bailey Francis, (712) 541-4330, ISB Services Inc
Source: Northwest Iowa Regional BOR, MLS#823640
Price History for 1411 Rainbow Dr
| Date | Price | Event | Source |
|---|---|---|---|
| 06/02/2026 | $510,000 | Sold | Northwest Iowa Regional BOR #823640 |
| 04/13/2026 | $575,000 | Pending | Northwest Iowa Regional BOR #823640 |
| 12/02/2025 | $575,000 | PriceChange | Northwest Iowa Regional BOR #823640 |
| 10/31/2025 | $595,000 | PriceChange | Northwest Iowa Regional BOR #823640 |
| 09/03/2025 | $625,000 | PriceChange | Northwest Iowa Regional BOR #823640 |
| 09/17/2024 | $675,000 | PriceChange | Northwest Iowa Regional BOR #823640 |
| 05/23/2024 | $690,000 | PriceChange | Northwest Iowa Regional BOR #823640 |
| 02/12/2024 | $725,000 | Listed For Sale | Northwest Iowa Regional BOR #823640 |
Market trends in Sheldon
Last updated June 2026
Avg. sale price
—
Sale-to-List Price
—
Price per sq ft
—
Available listings
32
5MoM
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Property Tax and Assessment
| Year | 2024 |
|---|---|
| Tax | $9,538 |
| Assessment | $610,300 |
Home facts updated by county records
Comparable Sales for 1411 Rainbow Dr
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.04 | Single-Family Home | $385,000 | 03/13/26 | 4 | 3 | 3,112 | |
0.19 | Single-Family Home | $385,000 | 03/02/26 | 3 | 3 | 3,102 | |
0.06 | Single-Family Home | $330,000 | 01/16/26 | 4 | 3 | 2,518 | |
0.14 | Single-Family Home | $250,000 | 11/05/25 | 3 | 4 | 1,980 | |
0.51 | Single-Family Home | $385,000 | 04/01/26 | 3 | 5 | 3,177 | |
0.22 | Single-Family Home | $220,000 | 06/12/26 | 3 | 3 | 2,124 | |
0.26 | Single-Family Home | $265,000 | 04/17/26 | 3 | 3 | 2,111 | |
0.78 | Single-Family Home | $410,000 | 07/09/26 | 4 | 3 | 2,584 |
Nearby homes
Get a sense of prices in the area by checking nearby homes.
SOLDMAR 13, 2026Klaassen Realty - Sibley
Assigned Schools
These are the assigned schools for 1411 Rainbow Dr.
- East Elementary School
- PK-4
- Public
- 426 Students
10/10GreatSchools RatingParent Rating Average
No reviews available for this school. - Sheldon High School
- 9-12
- Public
- 345 Students
5/10GreatSchools RatingParent Rating AverageNo reviews available for this school. - Sheldon Middle School
- 5-8
- Public
- 330 Students
6/10GreatSchools RatingParent Rating AverageNo reviews available for this school. 
Check out schools near 1411 Rainbow Dr.
What Locals Say about Sheldon
At least 3 Trulia users voted on each feature.
100 % Say there are sidewalks
100 % Say it's dog friendly
100 % Say there's holiday spirit
100 % Say parking is easy
86 % Say they plan to stay for at least 5 years
86 % Say car is needed
83 % Say people would walk alone at night
75 % Say kids play outside
75 % Say it's quiet
71 % Say streets are well-lit
71 % Say yards are well-kept
60 % Say it's walkable to restaurants
50 % Say it's walkable to grocery stores
43 % Say neighbors are friendly
25 % Say there are community events
22 % Say there's wildlife
Sourced by Trulia users. Learn more about our methodology.
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Homes for sale near 1411 Rainbow Dr
Off Market Homes Near 1411 Rainbow Dr
SOLDJUN 15, 2026- SOLDMAR 13, 2026Klaassen Realty - Sibley
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Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing information is deemed reliable, but not guaranteed.