245 Rainbow Dr, Sheldon, IA 51201
OFF MARKET

245 Rainbow Dr
Sheldon, IA 51201

  • 6 Beds
  • 3 Baths
  • 3,680 sqft (on 0.32 acres)

$438,000

Trulia Estimate
as of May 31, 2026
Est. Refi. Payment $2,717/mo*

$438,000

Trulia Estimate
as of May 31, 2026
Est. Refi. Payment $2,717/mo*
6 Beds
3 Baths
3,680 sqft
(on 0.32 acres)

Local Information

Map showing home location
© Google
-- mins to
Commute Destination

Description

Don't miss out on this six bedroom, three bathroom, ranch style home located in a family friendly neighborhood!  With over two thousand square feet of living space on the main floor alone, your family will have space to settle in and make this house their home!  Picture yourself in the spacious kitchen, prepping supper for your family, while the kids do their homework at the generous island.  There is also an abundance of cabinets for all your kitchen storage needs.  Off of one side of the kitchen you will find a casual sitting room, great for an evening recap or a morning coffee.  Off of the other side, gather your family in the cozy living room complete with a fireplace.  Also located on the main floor is the large master bedroom complete with an en-suite bathroom and large closet. Two additional bedrooms also with large closets, a second bathroom, and laundry finish off the main floor.   Follow me downstairs to find an additional generous living space!  The family room down here also features a second fireplace as well as plenty of space for games and stretching during those long winter months!  Finishing off the basement there are three ample sized bedrooms and a bathroom. You won’t be short on storage spaces in this home!  The heated garage is a two stall double deep, giving you three parking spots or extra space to store all your extra necessities.  An AWESOME bonus room in the garage is the ideal spot for hobbies, storage, he/she room, game nights, teen hang out space, memorabilia room, etc.  The backyard has space galore for your kids, grand kids, and/or fur babies to run around and enjoy themselves!  Last but certainly not least, several updates throughout the home deserve mentioning, including but not limited to, new siding, gutters, soffits, windows, paint, canned lighting and more - you'll have to take a look to see it all for yourself!
This property is off market, which means it's not currently listed for sale or rent on Trulia. This may be different from what's available on other websites or public sources. This description is from June 29, 2023

Home Highlights

Parking
3 Car Garage
Outdoor
No Info
A/C
Heating & Cooling
HOA
None
Price/Sqft
No Info
Listed
180+ days ago

Home Details for 245 Rainbow Dr

Interior Features

Interior Details
Basement: Finished
Beds & Baths
Number of Bedrooms: 6Main Level Bedrooms: 2Number of Bathrooms: 3Number of Bathrooms (main level): 2
Dimensions and Layout
Living Area: 3680 Square Feet
Appliances & Utilities
Appliances: Water Softener: RentedLaundry: Main Level
Heating & Cooling
Heating: Forced AirHas CoolingAir Conditioning: Central AirHas HeatingHeating Fuel: Forced Air
Security
Security: Smoke Detector(s)

Exterior Features

Exterior Home Features
Roof: ShingleOther Structures: Workshop
Parking & Garage
Number of Garage Spaces: 3Has a GarageHas an Attached GarageParking Spaces: 3Parking: Attached,Multiple,Garage Door Opener,Oversized,Concrete
Water & Sewer
Sewer: Public Sewer
Finished Area
Finished Area (above surface): 2040 Square FeetFinished Area (below surface): 1640 Square Feet

Property Information

Year Built
Year Built: 1994
Property Type / Style
Property Type: ResidentialProperty Subtype: Single Family Residence, ResidentialArchitecture: Ranch
Building
Construction Materials: Vinyl SidingNot a New Construction
Property Information
Parcel Number: 0049175500

Price & Status

Price
List Price: $435,000Price Range: $392,000 - $435,000
Status Change & Dates
Off Market Date: Thu Apr 13 2023

Active Status

MLS Status: Closed

Location

Direction & Address
City: Sheldon
School Information
Elementary School: SheldonJr High / Middle School: SheldonHigh School: Sheldon

Building

Building Area
Building Area: 3680 Square Feet

Lot Information

Lot Area: 0.32 acres

Offer

Contingencies: Contingency Type: None

Miscellaneous

BasementMls Number: 820300Above Grade Unfinished Area: 2040
Last check for updates: about 14 hours ago
Listed by Corey Elgersma, (712) 348-1770
ISB Services Inc
Bought with: Corey Elgersma, (712) 348-1770, ISB Services Inc
Source: Northwest Iowa Regional BOR, MLS#820300

Price History for 245 Rainbow Dr

DatePriceEventSource
06/29/2023$392,000Sold
Northwest Iowa Regional BOR #820300
04/20/2023$435,000PendingNorthwest Iowa Regional BOR #820300
04/20/2023$435,000PendingToActiveNorthwest Iowa Regional BOR #820300
04/14/2023$435,000PendingNorthwest Iowa Regional BOR #820300
03/24/2023$435,000Listed For SaleNorthwest Iowa Regional BOR #820300
11/28/2018$245,000Sold
N/A
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Property Tax and Assessment

Year2024
Tax
Assessment$337,480
Home facts updated by county records

Comparable Sales for 245 Rainbow Dr

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
0.10
Single-Family Home
$385,000
03/02/26
3
3
3,102
0.08
Single-Family Home
$385,000
03/13/26
4
3
3,112
0.13
Single-Family Home
$330,000
01/16/26
4
3
2,518
0.10
Single-Family Home
$250,000
11/05/25
3
4
1,980
0.18
Single-Family Home
$265,000
04/17/26
3
3
2,111
0.06
Single-Family Home
$280,000
06/09/25
3
2
1,438
0.29
Single-Family Home
$300,000
06/27/25
3
3
2,296
0.44
Single-Family Home
$385,000
04/01/26
3
5
3,177
0.38
Single-Family Home
$310,000
08/25/25
4
2
1,934

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What Locals Say about Sheldon

At least 3 Trulia users voted on each feature.
  • 100 % Say there's holiday spirit

  • 100 % Say it's dog friendly

  • 100 % Say there are sidewalks

  • 100 % Say parking is easy

  • 86 % Say car is needed

  • 86 % Say they plan to stay for at least 5 years

  • 86 % Say kids play outside

  • 80 % Say people would walk alone at night

  • 75 % Say it's quiet

  • 67 % Say streets are well-lit

  • 67 % Say yards are well-kept

  • 60 % Say it's walkable to restaurants

  • 50 % Say it's walkable to grocery stores

  • 38 % Say neighbors are friendly

  • 33 % Say there are community events

  • 13 % Say there's wildlife

Sourced by Trulia users. Learn more about our methodology.
  • Kiinah143
    "There’s nothing to dislike , quiet place for pets. I don’t know for sure if I’ve seen dogs around . "

LGBTQ Local Legal Protections

Apartments for Rent

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Homes for sale near 245 Rainbow Dr

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Off Market Homes Near 245 Rainbow Dr

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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.

Homes for rent near 245 Rainbow Dr

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245 Rainbow Dr, Sheldon, IA 51201 is a 6 bedroom, 3 bathroom, 3,680 sqft single-family home built in 1994. This property is not currently available for sale. 245 Rainbow Dr was last sold on Jun 29, 2023 for $392,000 (10% lower than the asking price of $435,000). The current Trulia Estimate for 245 Rainbow Dr is $438,000.