Date
Details
Price
Change
Source
1/07/2026
Listed
$425,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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1/78
$425,000
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1/78
Property Description
Set on nearly 1.5 acres just outside the city limits, this charming brick ranch offers the perfect blend of privacy, space, and convenience. Built in 1965 with an addition completed in 1996, the home features 3 bedrooms and 2 full baths and is ready for a new owner to bring it back to life. While the home is in need of updates, it has great bones and solid construction, providing an ideal foundation for your personal vision. With its classic brick exterior and generous lot, this property offers endless potential to become a true showstopper with the right design touches. Enjoy the peace and seclusion of a country setting while staying just minutes from shopping, dining, and everyday amenities. Whether you're dreaming of a cozy retreat or a beautifully renovated ranch to call home, this property invites you to create something truly special.
Full Property Details
Full Property Details for 245 Rainbow Dr NE
General
- Price: $425,000
- Taxes: $3,898 (2025)
- Status: Active
- Type: Single Family
- Source: Columbus_N_Greater_Ohio
- MLS ID: 226000542
- Updated: 1/7/2026
- Added to Site: 9 day(s) ago
Interior
- Fireplace: Yes
- Fireplace(s): Two, Two
- Flooring: Wood, Carpet, Vinyl
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
- Main - Full Baths: 2
Bedrooms
- Total Bedrooms: 3
Parking
- Garage: Yes
- Attached garage: Yes
- Garage Spaces: 2
- Parking Features: Attached Garage
Location
- County: Fairfield
- Township: Pleasant
School Information
- School District: LANCASTER CSD 2305 FAI CO.
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air
- Heating Type: Heat Pump
Utilities
- Sewer: Private Sewer
- Water: Well
- Well: Yes
Structural Information
- Architectural Style: Ranch
- Basement: Yes
- Basement Desc.: Full
- Windows: Insulated All
- Square Feet: 1,888
- Sq. Ft. Source: Realist
- Living Area: 1,888 Sq. Ft.
- Finished Total: 1,888 Sq. Ft.
- Year Built: 1965
Lot Features
- Lot Size (Acres): 1.48
- Lot Size (Sq. Ft.): 64,468.8
Financial Considerations
- Price Per Sq. Ft.: $225.11
- Tax Amount: $3,898
- Tax Year: 2025
Disclosures and Reports
- Special Conditions: Standard
- Multiple Parcels: Yes
- Property ID: 02-70038-900
Listed by Rock House Realty LLC (614) 245-8267, Sarah Claypool (614) 747-2155
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Listing agent
— 245 Rainbow Dr NE —
Sarah Claypool
Rock House Realty LLC
614-245-8267
NMLS#: 1598647Get Pre-Approved Today
Schools
Schools serving 245 Rainbow Dr NE
School District:Lancaster City School District
| Name | Grades | Distance |
|---|---|---|
East Elementary School, Lancaster, OH 712 North Broad Street, Lancaster, OH 43130 | K-5 | 2.2 mi |
General Sherman Junior High School 1930 Election House Road Northwest, Lancaster, OH 43130 | 6-8 | 2.8 mi |
Lancaster High School 1312 Granville Pike, Lancaster, OH 43130 | 9-12 | 1.5 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 245 Rainbow Dr NE
Tax History
Tax History for 245 Rainbow Dr NE
Year
Property Taxes
Change
Tax Assessment
Change
2023
$3,238
-2%
$89,710
—
2022
$3,296
41%
$89,710
29%
2021
$2,332
100%
$69,510
-23%
2022
-100%
$89,710
29%
2019
$2,332
11%
$69,510
15%
2018
$2,104
—
$60,570
—
2017
$2,106
8%
$60,570
—
2016
$1,952
1%
$60,570
4%
2015
$1,927
5%
$58,340
—
2014
$1,838
—
$58,340
—
2013
$1,829
—
$58,340
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 245 Rainbow Dr NE
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245 Rainbow Drive NE, Lancaster, OH 43130 (MLS# 226000542) is a Single Family property with 3 bedrooms and 2 full bathrooms. 245 Rainbow Drive NE is currently listed for $425,000 and was received on January 07, 2026. Want to learn more about 245 Rainbow Drive NE? Do you have questions about finding other Single Family real estate for sale in Lancaster? You can browse all Lancaster real estate or contact a Coldwell Banker agent to request more information.