About This Home

This 3-bedroom, 2-bathroom single family at 102 Rainbow Drive in Fairbank, IA is listed for $194,500 ($87 per sqft). Built in 1967, the home offers 2,240 sqft of living space on a 0.27 acres lot.

Key Features

  • Built in 1967
  • 0.27 acre lot
  • 1 parking spaces
  • Fireplace

Property Details

1 story
2 full
1 space
1967

Amenities

FireplaceA/C
Listing Description

Welcome home to this beautifully cared-for ranch, proudly offered by its original owners! This home has been exceptionally well kept and offers comfortable living. Featuring 3 bedrooms and 2 bathrooms, there is plenty of space to make yourself at home.

The finished basement adds even more versatility, including a nonconforming bedroom, additional living space, and laundry. Whether you're looking for a cozy family room, hobby space, or room for guests, the lower level offers plenty of possibilities. Step outside and fall in love with the beautiful backyard, perfect for relaxing, entertaining, or enjoying those peaceful Iowa evenings.

With its original-owner history, thoughtful care, and inviting spaces, this Fairbank home is ready for its next chapter. Don't miss your chance to make it yours!

Monthly Cost Estimate

$1,040/mo

20% down · 6.5% · 30 years

Principal$141
Interest$843
Insurance$57

Estimates only. Actual payments may vary.

Location

102 Rainbow Drive

Fairbank, IA 50629

See Abstract

Features & Amenities

Exterior Features

Shed(s)

Property Details

Construction

Wood

Heating

Forced Air

Cooling

Central Air

Appliances

RefrigeratorRangeDishwasherMicrowaveDisposalWasherDryerWater Softener

Questions & Answers

This 3-bedroom, 2-bathroom single family at 102 Rainbow Drive is listed at $194,500 ($87/sqft). The estimated monthly payment is $1,040 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1967, 0.27 acre lot, 1 parking spaces, Fireplace. Exterior Features: Shed(s).

This property is listed by Kayla Aulwes.

KA

Kayla Aulwes

Agent at EXIT Realty Driftless Group

Listed by EXIT Realty Driftless Group · Broker phone: 3192319037 · View on Broker Site

MLS# 155964· Source: East Central Iowa Association of Realtors· 11 days on PropertySimple

Copyright © 2026 East Central Iowa Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

102 Rainbow Drive, Fairbank, IA 50629

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