$530,800
- 6 Beds
- 4 Baths
- 4,327 sqft (on 0.29 acres)
265 Rainbow Dr, Sheldon, IA 51201
Currently Off Market - Sold Jun 15, 2022 for $460,000
Home Value
Trulia Estimate
$531KSince last month
Decreased$11K (-2.1%)Since last year
Increased$26K (+5.3%)Since last sale
Increased$67K (+14.5%)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 +521% in the last 10 years
| Month | Estimated value |
|---|---|
2026 | |
| August 2026 | $527K |
| July 2026 | $538K |
| June 2026 | $533K |
| May 2026 | $530K |
| April 2026 | $537K |
| March 2026 | $527K |
| February 2026 | $519K |
| January 2026 | $514K |
2025 | |
2024 | |
2023 | |
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 |
|---|---|---|---|---|---|---|---|
0.04 | Single-Family Home | $385,000 | 03/13/26 | 4 | 3 | 3,112 | |
0.09 | Single-Family Home | $330,000 | 01/16/26 | 4 | 3 | 2,518 | |
0.16 | Single-Family Home | $385,000 | 03/02/26 | 3 | 3 | 3,102 | |
0.05 | Single-Family Home | $510,000 | 06/02/26 | 3 | 4 | 4,338 | |
0.10 | Single-Family Home | $250,000 | 11/05/25 | 3 | 4 | 1,980 | |
0.59 | Single-Family Home | $449,000 | 08/14/26 | 5 | 3 | 3,750 | |
0.19 | Single-Family Home | $220,000 | 06/12/26 | 3 | 3 | 2,124 | |
0.24 | Single-Family Home | $265,000 | 04/17/26 | 3 | 3 | 2,111 | |
0.47 | Single-Family Home | $385,000 | 04/01/26 | 3 | 5 | 3,177 | |
0.16 | Single-Family Home | $345,000 | 06/15/26 | 4 | 2 | 1,536 |
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 |
|---|---|---|---|---|---|---|
0.05 | $510,000 | 3 | 4 | 4,338 | Recently Sold | |
0.04 | $385,000 | 4 | 3 | 3,112 | Recently Sold | |
0.08 | $324,500 | 2 | 3 | 1,520 | Off Market | |
0.09 | $351,800 | 4 | 3 | 2,563 | Off Market | |
0.09 | $330,000 | 4 | 3 | 2,518 | Recently Sold | |
0.06 | $413,500 | 4 | 3 | 3,191 | Off Market | |
0.07 | $287,100 | 3 | 2 | 1,438 | Off Market | |
0.07 | $435,300 | 6 | 3 | 3,680 | Off Market | |
0.10 | $250,000 | 3 | 4 | 1,980 | Recently Sold | |
0.10 | $348,400 | 2 | 3 | 2,817 | Off Market | |
0.12 | $266,600 | 4 | 3 | 2,370 | Off Market | |
0.16 | $385,000 | 3 | 3 | 3,102 | Recently Sold |
Local Information
-- mins to
Home Highlights
Property Type
Single-Family Home
Year Built
1997
Lot Size
0.29 acres
Living Area
4,327 sqft
Price/Sqft
$123
About this House
Dream Big! This home is just that in so many ways! This sprawling property is over an acre, includes mature trees and great landscaping, and is located in town! What a great lawn and lot with a view of the country. The massive garage with bonus room will house just about any toys you may have and the storage throughout the home is very impressive as well. From the large kitchen with a huge pantry, great counter and cupboard space to the expansive living spaces, bedrooms, bathrooms with linen storage galore, storage, closets and even a tornado safer area; this home has it all. You have rooms that could be an office, den or hobby room, rooms for guests and room for pets. The HVAC system is Geo Thermal and energy efficient, the garage and basement floors are heated and there are two fireplaces. The pictures and this description are far from doing this home justice, homes like these just don't come around that often!
265 Rainbow Dr, Sheldon, IA 51201 is a 6 bedroom, 4 bathroom, 4,327 sqft single-family home built in 1997. It last sold for $460,000 on Jun 15, 2022. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $530,800, with a rent estimate of $1,642/month.
Home Details for 265 Rainbow Dr
|
|---|
Year Built Year Built: 1997 |
Property Type / Style Property Type: Single Family Home |
|
|---|
Lot Area: 0.29 acres |
Price and Tax history
| Date | Event | Price |
|---|---|---|
Jun 15, 2022 Source: Northwest Iowa Regional BOR #812702 | Sold | $460,000 |
Apr 12, 2021 Source: Northwest Iowa Regional BOR #812702 | Listed For Sale | $489,900 |
| Year | Property tax | Tax assessment |
|---|---|---|
| 2024 | $216 | $13,440 |
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
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.
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Frequently asked questions about 265 Rainbow Dr
- What is 265 Rainbow Dr estimated to be worth?Trulia's estimated value for 265 Rainbow Dr in Sheldon, IA is $530,800.
- What is the price history for 265 Rainbow Dr?265 Rainbow Dr in Sheldon, IA last sold for $460,000 in June 2022.
- 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 265 Rainbow Dr?The closest schools to 265 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).
- How big is the lot at 265 Rainbow Dr?The lot at 265 Rainbow Dr in Sheldon, IA is about 0.29 acres (12,632 sq ft).

