245 Rainbow Drive NE, Lancaster, OH 43130 - Photo 1

1/1

$362,000

Sold
Closed
Single Family
3 Beds
2 Full Baths
1,888 Sq. Ft.
1.48 Acres
2 Car Garage

1/1

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

Sold For: $362,000
Taxes: $3,898 (2025)
Status: Closed
Type: Single Family
Source: Columbus_N_Greater_Ohio
MLS ID: 226000542
Added to Site: 139 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.: $190.15
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
Sold by Revolution Realty LLC (614) 834-8000, Joy DeLong

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Listing agent

— 245 Rainbow Dr NE —

Sarah Claypool

Rock House Realty LLC

614-245-8267

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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 ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 245 Rainbow Dr NE

Date

Details

Price

Change

Source

5/07/2026

Sold

$362,000

0.84%

MLS

4/11/2026

Price Reduced

$359,000

-7.71%

MLS

3/18/2026

Price Reduced

$389,000

-8.47%

MLS

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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Active
Updated 5 days ago

2
Beds
2
Total Baths
2,643
Sq. Ft.

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Updated 3 days ago

3
Beds
2
Total Baths
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Single Family
Active
Updated 5 days ago

3
Beds
3
Total Baths
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Sq. Ft.

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Price Reduced

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$495,000

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Single Family
Active
Updated 6 hours ago

4
Beds
6
Total Baths
2,596
Sq. Ft.

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$449,900

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Single Family
Active
Updated 4 days ago

4
Beds
3
Total Baths
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Sq. Ft.

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Price Reduced

-$3,000 (-0.83%)

$356,900

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Single Family
Active
Updated 6 days ago

3
Beds
3
Total Baths
1,727
Sq. Ft.

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Price Reduced

-$7,000 (-1.04%)

$668,000

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Active
Updated 5 days ago

3
Beds
3
Total Baths
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Sold

$314,500

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Condo
Closed

3
Beds
3
Total Baths
1,848
Sq. Ft.

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Sold

$347,500

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Single Family
Closed

3
Beds
2
Total Baths
1,408
Sq. Ft.

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Sold

$410,000

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Single Family
Closed

4
Beds
3
Total Baths
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Sq. Ft.

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Sold

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Single Family
Closed

3
Beds
2
Total Baths
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Sq. Ft.

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245 Rainbow Drive NE, Lancaster, OH 43130 (MLS# 226000542) is a Single Family property that was sold at $362,000 on May 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.

245 Rainbow Dr NE Lancaster, OH 43130