The Russian state village of Krasnaya Rechka, also known as Shalashi, was founded in 1837, although there is a less reliable version that it occurred in 1728. It got its name from the Red River flowing through its territory. In 1854, thanks to the efforts of the parishioners, an Orthodox single-altar Intercession Church was built in the village. It was a wooden, cold building with a bell tower, surrounded by a fence. There was a small library at the church, and its staff included a priest and a psalmist.

According to data from 1859, there were 97 households in Krasnaya Rechka, with 299 men and 300 women living there. A rural road from Nikolaevsk to Khvalynsk passed through the village, and administratively it was part of the Khlebnaya Volost of the Nikolaevsky District in the Samara Province. On July 7, 1892, a fire occurred in the village, destroying the houses of the clergy. On November 21, 1893, a church parish school opened in a separate building.

In 1899 and 1900, the church was expanded under the guidance of diocesan architect Khilinsky, and after the work was completed, it could accommodate 350 parishioners. According to the 1910 census, there were 585 men and 546 women living in 168 households in Krasnaya Rechka. The village had a church, a parish school, and four windmills. The peasants had 4,132 desyatinas of arable land and 4,316 desyatinas of non-arable land. In 1911, the Intercession Church underwent reconstruction, during which heating was likely installed.

During Soviet rule in 1924, a four-year primary school was opened instead of the parish school. The village became the center of the Krasnorechensky Village Council within the Nadezhdinskaya Volost of the Pugachevsky District. In 1926, Krasnaya Rechka had 220 households, with 492 men and 597 women living there. In 1930, a new wooden school building was constructed from the houses of the dispossessed residents, which became a seven-year school in 1935. Around the same time, the church was closed and later destroyed.