$436,000
6 Beds
3 Baths
3,680 sqft (on 0.32 acres)
245 Rainbow Dr, Sheldon, IA 51201
Est. Refi. Payment $2,761/mo*
Refinance Your HomeCurrently Off Market - Sold Jun 29, 2023 for $392,000
Home Value
Trulia Estimate
$436KSince last month
Decreased$3K (-0.7%)Since last year
Increased$16K (+3.8%)Since last sale
Increased$44K (+11.2%)Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.
Trulia Estimate
The of this home's value increased by +55% in the last 10 years
| Month | Estimated value |
|---|---|
2026 | |
| August 2026 | $436K |
| August 2026 | $435K |
| July 2026 | $439K |
| June 2026 | $440K |
| May 2026 | $439K |
| April 2026 | $434K |
| March 2026 | $432K |
| February 2026 | $423K |
| January 2026 | $420K |
2025 | |
2024 | |
2023 | |
2022 | |
2021 | |
2020 | |
2019 | |
2018 | |
2017 | |
2016 | |
Comparable sales
These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.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 | |
0.56 | Single-Family Home | $449,000 | 08/14/26 | 5 | 3 | 3,750 | |
0.10 | Single-Family Home | $250,000 | 11/05/25 | 3 | 4 | 1,980 | |
0.19 | Single-Family Home | $220,000 | 06/12/26 | 3 | 3 | 2,124 | |
0.18 | Single-Family Home | $265,000 | 04/17/26 | 3 | 3 | 2,111 | |
0.35 | Single-Family Home | $282,000 | 07/15/26 | 5 | 2 | 2,456 | |
0.44 | Single-Family Home | $385,000 | 04/01/26 | 3 | 5 | 3,177 |
Nearby home prices
Get a sense of expected prices in the area by checking the value of nearby homes.Address | Distance | Price | Bed | Bath | Sqft | Status |
|---|---|---|---|---|---|---|
0.03 | $414,100 | 4 | 3 | 3,191 | Off Market | |
0.08 | $385,000 | 4 | 3 | 3,112 | Recently Sold | |
0.06 | $265,000 | 4 | 3 | 2,370 | Off Market | |
0.06 | $287,100 | 3 | 2 | 1,438 | Off Market | |
0.10 | $385,000 | 3 | 3 | 3,102 | Recently Sold | |
0.12 | $348,600 | 2 | 3 | 2,817 | Off Market | |
0.11 | $510,000 | 3 | 4 | 4,338 | Recently Sold | |
0.13 | $330,000 | 4 | 3 | 2,518 | Recently Sold | |
0.10 | $255,000 | 3 | 4 | 1,980 | Off Market | |
0.14 | $325,700 | 2 | 3 | 1,520 | Off Market | |
0.15 | $353,800 | 4 | 3 | 2,563 | Off Market |
Local Information
- Map ViewExplore the area around 245 Rainbow Dr.
- Schools1 Preschool School2 Elementary Schools1 Middle School1 High School
- Shop & Eat
-- mins to
Home Highlights
Single-Family Home
Built in 1994
0.32 acre lot
3,680 sqft
$118/sqft
3 Car Garage
About this House
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!
245 Rainbow Dr, Sheldon, IA 51201 is a 6 bedroom, 3 bathroom, 3,680 sqft single-family home built in 1994. It last sold for $392,000 on Jun 29, 2023 (10% below the $435,000 asking price). This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $436,000, with a rent estimate of $2,146/month.
Last check for updates: about 10 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
Home Details for 245 Rainbow Dr
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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) |
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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 |
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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 |
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Price List Price: $435,000Price Range: $392,000 - $435,000 |
Status Change & Dates Off Market Date: Thu Apr 13 2023 |
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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: 3680 Square Feet |
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Lot Area: 0.32 acres |
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Contingencies: Contingency Type: None |
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BasementMls Number: 820300Above Grade Unfinished Area: 2040 |
Price and Tax history
| Date | Event | Price |
|---|---|---|
Jun 29, 2023 Source: Northwest Iowa Regional BOR #820300 | Sold | $392,000 |
Apr 20, 2023 Source: Northwest Iowa Regional BOR #820300 | Pending | $435,000 |
Apr 20, 2023 Source: Northwest Iowa Regional BOR #820300 | PendingToActive | $435,000 |
Apr 14, 2023 Source: Northwest Iowa Regional BOR #820300 | Pending | $435,000 |
Mar 24, 2023 Source: Northwest Iowa Regional BOR #820300 | Listed For Sale | $435,000 |
Nov 28, 2018 Source: N/A | Sold | $245,000 |
| Year | Property tax | Tax assessment |
|---|---|---|
| 2024 | Unavailable | $337,480 |
Home facts updated by county records
Market trends in Sheldon
Last updated July 2026
Avg. sale price
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Sale-to-List Price
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Price per sq ft
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Available listings
35
3MoM
Around this home
The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.
What Locals Say about Sheldon
At least 4 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
88 % Say they plan to stay for at least 5 years
88 % Say car is needed
83 % Say people would walk alone at night
80 % Say it's quiet
75 % Say kids play outside
71 % Say streets are well-lit
71 % Say yards are well-kept
67 % Say it's walkable to restaurants
60 % 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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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.
Frequently asked questions about 245 Rainbow Dr
- What is 245 Rainbow Dr estimated to be worth?Trulia's estimated value for 245 Rainbow Dr in Sheldon, IA is $436,000.
- What is the price history for 245 Rainbow Dr?245 Rainbow Dr in Sheldon, IA last sold for $392,000 in June 2023.
- Is Sheldon a buyer's or seller's market?Sheldon is currently a buyer's market, based on recent for-sale activity.
- What are the closest schools to 245 Rainbow Dr?The closest schools to 245 Rainbow Dr in Sheldon, IA are East Elementary School (Pre-K, rated 10/10), Sheldon High School (rated 5/10), Sheldon Middle School (Elementary, rated 6/10).
- Does 245 Rainbow Dr have air conditioning?Yes, 245 Rainbow Dr in Sheldon, IA has air conditioning.
- Does 245 Rainbow Dr have laundry facilities?Yes, 245 Rainbow Dr in Sheldon, IA has laundry facilities.
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