Prime Commercial + Residential Opportunity on Main Street! This beautifully remodeled storefront offers versatile retail or office space with exposed brick walls, soaring ceilings, modern lighting, a kitchenette, and restroom—blending rustic charm with contemporary style. Perfectly located next door to the public library, the property also includes an updated upstairs 2-bedroom, 1-bath apartment with brand-new replacement windows, laundry room, and forced-air heating with central air. With a full basement, newer metal roof, and both front and rear parking, this turnkey property is an ideal investment in the heart of town!
Sold
$82,000
107 E Main St, New London, IA 52645
2beds
2,880sqft
Single Family Residence
Built in 1900
3,484.8 Square Feet Lot
$83,300 Zestimate®
$28/sqft
$1,046 Estimated rent
Home value
$83,300
Estimated sales range
Not available
$1,046/mo
Zestimate® history
Owner options
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$1,046/mo
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$1,046/mo
Rent Zestimate®
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$457/mo
Est. payment
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$457/mo
Est. payment
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List your homeWhat's special
Modern lightingBrand-new replacement windowsSoaring ceilingsFront and rear parkingNewer metal roofLaundry roomExposed brick walls
Zillow last checked:
Listing updated:
Listed by:
Corey Fraise 319-470-0115,
Fraise Auction & Real Estate,
Carrie A Fraise 319-371-5638,
Fraise Auction & Real Estate
Bought with:
Whitney Meek, ***
Midwest Realty
Source: NoCoast MLS as distributed by MLS GRID,MLS#: 6331480
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
Bedroom 2
- Level: Upper
Other
- Level: Upper
Dining room
- Level: Upper
Other
- Level: Upper
Kitchen
- Level: Upper
Living room
- Level: Upper
Heating
- Forced Air
Cooling
- Central Air
Appliances
- Included: Range, Dishwasher
Features
- Flooring: Hardwood, Laminate, Tile
- Windows: Display Window(s), Insulated Windows
- Basement: Full
Interior area
- Total interior livable area: 2,880 sqft
Property
Parking
- Parking features: Gravel
Accessibility
- Accessibility features: Other
Features
- Levels: Two
Lot
- Size: 3,484 sqft
- Dimensions: 30 x 115
Details
- Parcel number: 440092613600800
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Brick, Stone
- Roof: Shingle,Metal
Condition
- Year built: 1900
Utilities & green energy
- Electric: Circuit Breakers
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Location
- Region: New London
HOA & financial
HOA
- Has HOA: No
- Association name: SEIA
Price history
| Date | Event | Price |
|---|---|---|
| 10/16/2025 | Sold | $82,000+12.3%$28/sqft |
Source:  NoCoast MLS as distributed by MLS GRID #6331480 Report a problem | ||
| 9/4/2025 | Listed for sale | $73,000+630%$25/sqft |
Source: NoCoast MLS as distributed by MLS GRID #6331480 Report a problem | ||
| 9/1/2020 | Sold | $10,000$3/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,742 +5.3% | $90,710 +7.2% |
| 2024 | $1,654 +59% | $84,620 |
| 2023 | $1,040 -3.3% | $84,620 +86% |
| 2022 | $1,076 +4.5% | $45,500 |
| 2021 | $1,030 -1.2% | $45,500 +10.4% |
| 2020 | $1,042 +8.8% | $41,210 |
| 2019 | $958 +111% | $41,210 +186.2% |
| 2018 | $454 -41.3% | $14,398 -33.5% |
| 2017 | $774 +3.5% | $21,649 -39% |
| 2016 | $748 +39% | $35,490 +8.8% |
| 2015 | $538 -54.1% | $32,630 |
| 2012 | $1,172 +1.9% | -- |
| 2011 | $1,150 +4.7% | -- |
| 2010 | $1,098 +72.6% | -- |
| 2009 | $636 -0.9% | -- |
| 2008 | $642 +12.2% | -- |
| 2007 | $572 | -- |
Find assessor info on the county website
Neighborhood: 52645
Nearby schools
GreatSchools rating
- 4/10Clark Elementary SchoolGrades: PK-5Distance: 0.2 mi
- 5/10New London Jr-Sr High SchoolGrades: 6-12Distance: 0.1 mi
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- Iowa
- Henry County
- New London
- 52645
- 107 E Main St
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