Lori Gustafson

202 Rainbow Drive

Marshall, MN
$ 290,000 Beds 4 Baths 2 Sq 1,833
Monthly Estimate* How much can I afford?

Welcome to this well-maintained four-level split in a desirable neighborhood! This home offers 4 bedrooms, 2 bathrooms, and a spacious layout designed for everyday living. The main level features an inviting front living room, and a stunning open kitchen and dining area with patio doors leading to a spacious 332-square-foot paver patio, creating a seamless transition to the backyard for outdoor dining, relaxing, and entertaining. The lower level includes two bedrooms, a 3/4 bathroom, while the basement offers a spacious family room along with a utility and storage area. Upstairs, you'll find two additional bedrooms, including a spacious primary bedroom, as well as a convenient full bathroom nearby. The bedrooms each feature generous closet spaces. Outside, enjoy a nicely sized backyard providing plenty of room for outdoor activities and entertainment as well as a storage shed to house your landscaping and gardening tools. A concrete driveway leads to the finished, attached garage, offering added convenience and everyday functionality. If you're looking for a home with multiple living spaces, generous bedroom sizes, and an inviting outdoor area, this property is ready for you to make it your own. Schedule your private showing today!

Single Family

  • Price
  • $ 290,000
  • City
  • Marshall
  • Bedrooms
  • 4
  • Full Bathrooms
  • 2
  • County
  • LYON
  • Half Bathrooms
  • 0
  • Area
  • Parkway Add
  • Lot Size
  • 0.31 Acres
  • Zip
  • 56258
  • Sqr Footage
  • 1,833
  • Year Built
  • 2002
  • Taxes
  • $ 2944
  • Style
  • Single Family
  • MLS#
  • 7105215
Listed By: Edina Realty, Inc.
Data Source: Northstar MLS (NSTAR)

Features

General

Living Area 1833
Sewer City Sewer/Connected
Heating Forced Air
Cooling Central Air
Roof Asphalt
Appliances Dishwasher,Dryer,Electric Water Heater,Microwave,Range,Refrigerator,Washer
Garage Spaces 2
Year Built 2002
Electric Circuit Breakers,200+ Amp Service
Levels Four or More Level Split
Property Subtype Single Family
Tax Year 2026
Accessibility None
County Lyon
New Construction No
Property Type Residential
HOA No
Contingency None
Subdivision Name Parkway Add
Other Structures Storage Shed
Full Baths 1
Directions From Legion Field Road,turn on to Paris Rd,then left on to Rainbow Drive. Home will be on your right.
City Marshall
High School District Marshall
Zoning Description Residential-Single Family
Lot Size Units Acres
Property Attached Y/N No
Land Lease Y/N No
Tax Annual Amount 2944
Additional Parcels Y/N No
Standard Status Active
Lender Owned No
Amenities Unit Patio
PostalCity Marshall

Interior Features

Basement Finished,Full,Sump Pump
Basement (Y/N) Yes
Fireplace Y/N No
Above Grade Finished Area 1008
3/4 Baths 1
Laundry Features In Basement
Total Bedrooms 4
Below Grade Finished Area 825
Total Baths 2
Bath Desc 3/4 Basement,Upper Level Full Bath
Dining Room Description Informal Dining Room,Kitchen/Dining Room
Fuel Natural Gas
Garage Dimensions 24x24
Garage Square Feet 576

Exterior Features

Parking Features Attached Garage,Concrete,Finished Garage
Water Source City Water/Connected
Lot Size Area 0.31
Building Area Total 2016
Lot Dimensions 100x135.55
Waterfront Y/N No
Foundation Area 1008
Road Frontage Type City Street,Curbs,Paved Streets,Sidewalks,Street Lights
Road Responsibility Public Maintained Road

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$3,786

Per Month

Based on the average sale price from the Faribault, MN office

  • Monthly Principal & interest $2,658
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
Adjust Payment Options
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Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.

Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

Schools

Elementary School Unknown Elementary School
Middle School Unknown Middle School
High School Unknown High School

Price History

7/8/2026 Listed $290,000

Property vs Zip Code Average in 56258

Price
AVG $250K
$290K
Taxes
AVG $1,861
$2,944
Year Built
AVG 1961
2002
Visits
AVG 70
19
Data Provided by Inside Real Estate®

Areas That We Cover

202 Rainbow Drive Marshall, MN is a Single Family Home for sale at $290000 with 1833 sqft and a lot size of 0.31 Acres Acre(s). 202 Rainbow Drive Marshall has 4 bedrooms, 2 baths and was built in 2002. The property's zip code is 56258 which is in Marshall, MN

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Lori Gustafson

Lori Gustafson

Broker Associate/Sales Agent

507-323-4348

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