For Sale91d on market
245 Rainbow Dr NE
Lancaster, OH, 43130 • 43130 • Fairfield County
$389,000
$206/sqft
-$36,000 since Mar 18, 2026
Down payment assistance available
3Beds
2Baths
1,888Sqft
1.5 acLot
1965Built
Property DNA
Ranch Style
Built 1965 · 61 years of history
2 Fireplaces
Two
2-Car Garage
Attached
Wood Floors
Quality flooring throughout
This home is getting attention
Listed 91 days ago · 2,528 views · 93 saves
Market activity
Demand and pricing signals for this listing
2,528 views
People checking out this listing
93 saves
Buyers have saved this home
91 days on market
Established listing
$206/sqft
Price per square foot
Selling Soon Prediction
HighThis home ranks in the top 29% of listings most likely to go under contract soon, based on market activity and demand signals.
Likelihood score
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About this home
Single Family · Built 1965
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.
Standout features identified
Our analysis highlights charming brick ranch, classic brick exterior, and generous lot as key attractions of this home.
Estimated monthly payment
Based on current rates
$2,440/month
Principal & Interest$1,921
Property Tax$389
Insurance$130
Down payment20% ($77,800)
3%50%
Est. 6.28% rate · 30yr fixed · $311,200 loan
Full calculator →At a glance
Key facts and listing details
TypeSingle Family Residence
Year Built1965
HeatingHeat Pump
CoolingCentral Air
Parking2 Attached Garage spaces
Lot1.48 Acres
Days on Zillow91 Days
Price/sqft$206
Property
Home typeSingle Family
Sub-typeSingle Family Residence
StyleRanch
Year built1965
Systems
HeatingHeat Pump
CoolingCentral Air
Water / SewerWell / Private Sewer
Parking & Outdoor
ParkingAttached
Garage2 spaces
BasementFull
Fireplaces2
Lot1.48 Acres
Location & Tax
Neighborhood43130
Annual tax$3,898
Parcel0270038900
Bathrooms & Fees
Full baths2
Features & details
7 categories of property features
Interior Features
Appliances
Dishwasher
Electric Range
Refrigerator
Flooring
Wood
Carpet
Vinyl
Heating
Heat Pump
Cooling
Central Air
Fireplace
Two
Windows
Insulated Windows
Exterior Features
Parking
Attached
Listing insights
Market data and value estimates
StatusFor Sale
Days on market91
Tax rate1.14%
Price/sqft$206
On marketJan 7, 2026
PostedJan 7, 2026
MLS updatedMar 18, 2026
Tour days9
Views2,528
Favorites93
How are the schools in Lancaster?
3 schools rated nearby
Location
Lancaster, OH, 43130
Price history
2 events
DateEventPrice$/sqftSource
Mar 18, 2026Price Change$389,000$206Columbus and Central Ohio Regional MLS
Jan 7, 2026Listed For Sale$425,000$225Columbus and Central Ohio Regional MLS
Price Change$389,000
Mar 18, 2026•$206/sqft•Columbus and Central Ohio Regional MLS
Listed For Sale$425,000
Jan 7, 2026•$225/sqft•Columbus and Central Ohio Regional MLS
Tax history
25 years of records
YearTax paidAssessed value
Apr 8, 2024$3,198$89,710
Apr 8, 2023$3,238$89,710
Apr 8, 2022$3,296$89,710
Apr 8, 2021$2,543$69,510
Apr 8, 2020$2,556$69,510
Apr 8, 2019$2,332$69,510
Apr 8, 2018$2,104$60,570
Apr 8, 2017$2,106$60,570
Apr 8, 2016$1,952$60,570
Apr 8, 2015$1,927$58,340
Apr 8, 2014$1,838$58,340
Apr 8, 2013$1,829$58,340
Apr 8, 2012$1,690$58,340
Apr 8, 2011$1,528$53,910
Apr 8, 2010$1,511$53,910
Apr 8, 2009$1,572$56,740
Apr 8, 2008$1,525$56,746
Apr 8, 2007$1,527$56,770
Apr 8, 2006$2,032$54,723
Apr 8, 2005$1,936$54,723
Apr 8, 2004$1,933$54,723
Apr 8, 2003$1,664$50,205
Apr 8, 2002$1,625$50,205
Apr 8, 2001$1,628$50,205
Apr 8, 2000$1,435$39,754
Nearby homes
Neighborhood details
Local context around this listing
Lancaster, OH • Fairfield County
Nearby neighborhoods
Hamburg
Nearby cities
AmandaBaltimoreBremenCanal WinchesterCarrollLancasterMillersportPickerington
Nearby zip codes
43130
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