$3,205 Closing Credit¹
#225012860, Jennifer M Kidwell, Robert Kidwell, Listing Office: e-Merge Real Estate
$255,000 List price
1485 Rainbow Dr NE Lancaster, OH 43130
$3,028
Closing credit¹
3 beds
1 full, 1 partial
2,064 sqft
0.7 acres
$124 / sqft
House
Property details
About 1485 Rainbow Dr NE
3-Bedroom Home with Walkout Basement & Fenced Yard — Repairs Underway! This 3-bedroom, 1.5-bath home is a fantastic opportunity for buyers looking to move into a property with repairs already underway and paid for by the seller. Featuring a full finished walkout basement, this space offers tons of potential for a rec room, home office, or bonus living area. Enjoy the privacy of a fully fenced yard, great for pets, play, or future landscaping plans. With fresh updates in progress, this home is being prepped for its next owner to move in with confidence. Located in a convenient area close to local amenities, this is your chance to secure a home with improvements already in motion — schedule your tour today before it's gone!
Highlights
Home typeSingle Family Residence
HeatingForced Air
StatusActive
CoolingCentral Air
Size2,064 sqft
BasementYes
Lot size0.69 Acres
Year built1971
ParkingAttached Garage
MLS #225015066
Attached garage1 space
FireplaceWood Burning, One
Summary
- Partial Bathrooms: 1
- Full Bathrooms: 1
- Basement: Yes
- Flooring Type: Vinyl
- Fireplace: Wood Burning, One
- Total Bedroom Count: 3
- Garage Space: 1 space
- Attached Garage: Yes
- Parking: Attached Garage
- Architectural Style: Ranch
- Heating: Forced Air
- Cooling: Central Air
- List Price: $255,000
- Price/SqFt: $123
- Annual Tax Amount: $2,629
- Tax Year: 2023
- Year Built: 1971
- Living Area: 2,064 SqFt
- Lot Size: 0.69 Acres
- MLS Number: 225015066
- MLS Name: Columbus and Central Ohio Regional MLS
- Office Name: Realty ONE Group Refined
- Office Phone: (740) 900-7331
- Listing Agent: Jessica Lee Moyer
The information is being provided by Columbus and Central Ohio Regional Multiple Listing Service. Information deemed reliable but not guaranteed. Information is provided for consumers' personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase.
Copyright © 2025 Columbus and Central Ohio Regional Multiple Listing Service. All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/4/2025, 2:20:57 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$255,000
1485 Rainbow Dr NE
$3,028
closing credit¹
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0.5% sale price²
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Aug 19, 2020 | Home Sold | $199,750 |
| Jul 18, 2018 | Home Sold | $157,000 |
| Jun 18, 2013 | Home Sold | $89,000 |
| Sep 23, 2003 | Home Sold | $119,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $64,600 | $2,629 |
| 2022 | $64,600 | $- |
| 2021 | $50,700 | $1,952 |
| 2020 | $50,880 | $1,952 |
| 2019 | $50,880 | $1,952 |
| 2018 | $41,710 | $1,693 |
| 2017 | $41,710 | $1,695 |
History based on county public records data.
Nearby schools
4
Medill Elementary School
Public District KG-5
1.5 mi
•1160 Sheridan Dr
5
Mt. Pleasant Elementary School
Public District KG-5
2.7 mi
•712 N Broad St
8
Tarhe Trails Elementary School
Public District KG-5
3.0 mi
•2141 Greencrest Way
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $59,426. Residents of Lancaster, OH typically earn between $35k-100k each year. Most families are single, no kids. Typical level of education for residents in this area is post secondary degree.
How much money do the neighbors make?
31%
<35k
37%
35k-100k
25%
100k-200k
7%
200k+
What level of education do the neighbors have?
No High School
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate
What types of families live nearby?
39%
Single, No Kids
6%
Single, with Kids
39%
Married, No Kids
16%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
12%
<11 yrs old
8%
12-17 yrs old
10%
18-34 yrs old
40%
35-64 yrs old
30%
65+ yrs old
What do the neighbors do for fun?
PGA/LPGA
Figure Skating
NASCAR
Where do the neighbors shop?
Stein Mart
Dick's Sporting Goods
Old Navy
Where do the neighbors go to eat?
Bob Evans
Arbys
Cracker Barrel
What do the neighbors drive?
Lincoln
Buick
GMC
What do the neighbors listen to?
News/Talk/Information
Adult Standards- Adult Hits
All data provided by Home Junction and Claritas
Similar homes for sale
Frequently asked questions
Living in Lancaster, OH
Transportation in Lancaster includes a variety of options for residents. Public transit services are available, with bus routes connecting key areas of the city. While specific schedules vary, the frequency of these services is designed to accommodate the needs of commuters and local travelers. The city also supports ride-sharing options, enhancing mobility for those without private vehicles. Lancaster boasts a network of roads and highways that facilitate travel to nearby cities and attractions, with ongoing efforts to improve transport efficiency and accessibility for all residents.
Residents of Lancaster have access to a solid educational system, with multiple public schools serving different age groups and a few private institutions, some of which may have religious affiliations. The city is served by a network of healthcare facilities, including a major hospital that provides a range of services from primary care to specialized treatments. The public library system supports lifelong learning and community engagement. Retail and dining options reflect the local culture, offering both familiar and unique experiences.
Lancaster is celebrated for its small-town charm and rich historical heritage. The community prides itself on a strong sense of togetherness, often showcased during local events and festivals that highlight the city's cultural identity. Residents enjoy a blend of traditional values and a welcoming atmosphere that defines the city's character.
The housing landscape in Lancaster, Ohio, is characterized by a mix of architectural styles, with single-family homes being the most prevalent. These homes reflect a range of designs from classic mid-century to more contemporary structures. The market also includes a selection of apartments and townhouses, accommodating various preferences and lifestyles. The area has seen a steady growth in homeownership, with a significant portion of residents owning their homes, while the rest are engaged in the rental market.
About 1485 Rainbow Dr NE
The listing price of 1485 Rainbow Dr NE property is $255,000.
The property 1485 Rainbow Dr NE is a house located in Lancaster, Ohio, 43130.
Active Listing: 1485 Rainbow Dr NE is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 1485 Rainbow Dr NE are: Medill Elementary School (GreatSchools Rating 4/10), Mt. Pleasant Elementary School (GreatSchools Rating 5/10), Tarhe Trails Elementary School (GreatSchools Rating 8/10), Thomas Ewing Junior High School (GreatSchools Rating 5/10), General Sherman Junior High School (GreatSchools Rating 6/10), Fairfield Union Rushville Middle School (GreatSchools Rating 6/10), Lancaster High School (GreatSchools Rating 5/10), Fairfield Union High School (GreatSchools Rating 6/10), Liberty Union High School (GreatSchools Rating 4/10).
According to the records, the last property tax for 2023 is $2,629 (source: MLS/based on county public records data).
The last sale was on August 19, 2020 for $199,750 (source: MLS/tax record).
The property at 1485 Rainbow Dr NE has 3 bedrooms and 1 full and 1 half bathrooms.
The property 1485 Rainbow Dr NE is 2,064 SqFt (source: MLS/tax record).
The year of construction for 1485 Rainbow Dr NE is 1971.
This home is located at 1485 Rainbow Dr NE in Lancaster, OH and zip code 43130. This 2,064 square foot home, which was built in 1971, sits on a 0.69 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since May 3, 2025 and is currently priced at $255,000.
In April 2025 more than 22 listings in Lancaster, OH were sold above the asking price. During the same period more than 14 listings were sold at asking price, while more than 26 were sold below. Between March and April 2025, Lancaster, OH real estate market has seen increase in the number of listings by 6.7%. The median list price of listings available in April 2025 was $249,990, while the average time on the real estate market was 24 days.
From Rocket Homes Real Estate and based on county public records data.