1411 Rainbow Dr Sheldon, IA 51201
Estimated payment $3,724/month
Highlights
- 1.5 Acre Lot
- Deck
- Fireplace
- East Elementary School Rated A
- Main Floor Primary Bedroom
- Porch
About This Home
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, 1⁄2 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 3⁄4 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
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $8,852
Year Built
- Built in 1993
Lot Details
- 1.5 Acre Lot
- Landscaped
- Sprinkler System
Parking
- 3 Car Attached Garage
- Three Garage Doors
- Driveway
Home Design
- Brick Exterior Construction
- Shingle Roof
Interior Spaces
- 2-Story Property
- Fireplace
- Family Room Downstairs
- Living Room
- Dining Room
- Finished Basement
- Bedroom in Basement
Bedrooms and Bathrooms
- 3 Bedrooms
- Primary Bedroom on Main
- 4 Bathrooms
Outdoor Features
- Deck
- Patio
- Storage Shed
- Porch
Schools
- Sheldon Elementary And Middle School
- Sheldon High School
Utilities
- Forced Air Heating and Cooling System
- Internet Available
Listing and Financial Details
- Assessor Parcel Number 0049179500
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $9,520 | $651,260 | $75,230 | $576,030 |
| 2024 | $9,520 | $610,300 | $75,230 | $535,070 |
| 2023 | $9,538 | $610,300 | $75,230 | $535,070 |
| 2022 | $8,808 | $511,180 | $35,560 | $475,620 |
| 2021 | $8,808 | $511,180 | $35,560 | $475,620 |
| 2020 | $8,162 | $460,600 | $32,830 | $427,770 |
| 2019 | $8,098 | $445,310 | $0 | $0 |
| 2018 | $7,584 | $445,310 | $0 | $0 |
| 2017 | $8,004 | $422,720 | $0 | $0 |
| 2016 | $8,078 | $422,720 | $0 | $0 |
| 2015 | $8,078 | $395,760 | $0 | $0 |
| 2014 | $7,588 | $395,760 | $0 | $0 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 12/02/2025 12/02/25 | Price Changed | $575,000 | -3.4% | $133 / Sq Ft |
| 10/31/2025 10/31/25 | Price Changed | $595,000 | -4.8% | $137 / Sq Ft |
| 09/03/2025 09/03/25 | Price Changed | $625,000 | -7.4% | $144 / Sq Ft |
| 09/17/2024 09/17/24 | Price Changed | $675,000 | -2.2% | $156 / Sq Ft |
| 05/23/2024 05/23/24 | Price Changed | $690,000 | -4.8% | $159 / Sq Ft |
| 02/12/2024 02/12/24 | For Sale | $725,000 | -- | $167 / Sq Ft |
Source: Northwest Iowa Regional Board of REALTORS®
MLS Number: 823640
APN: 0000491795
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