For sale

Price cut: $5K (10/7)

$154,000

1202 Main St, Grinnell, IA 50112

3beds

2,019sqft

$1,202/mo

Get pre-qualified

Farm, Single Family Residence

Built in 1900

7,501 Square Feet Lot

$-- Zestimate^®

$76/sqft

$-- HOA

What's special

For sale: A very flexible property located one block west of Grinnell College and one block north of downtown Grinnell. The home is presently an up and down duplex investment property with separate entrances and separate utilities for both apartments. The first floor is presently available for a buyer who may wish to live on the first floor and have income to offset expenses. The home could also be converted back to a single family home with the removal of two temporary walls. Major updates over the last 2 years include a new roof, new exterior painting, laundry in each unit, and bathroom finishes. There is a new water line from street to shutoff at curb stop. Hardwood floors are in good condition. Spacious eat in both kitchens, living space, and nice sized bathrooms. If you're looking for your first home or investment property, take a walk through this property.

47 days
295
20

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 2
Full bathrooms: 1
3/4 bathrooms: 1
Main level bedrooms: 1

Heating

Forced Air, Gas, Natural Gas

Cooling

Window Unit(s)

Appliances

Included: Dryer, Refrigerator, Stove, Washer
Laundry: Main Level, Upper Level

Features

Separate/Formal Dining Room, Eat-in Kitchen, See Remarks
Flooring: Hardwood, Laminate, Tile
Basement: Daylight

Interior area

Total structure area: 2,019
Total interior livable area: 2,019 sqft
Finished area below ground: 0

Property

Features

Levels: Two
Stories: 2

Lot

Size: 7,501 Square Feet

Details

Parcel number: 1800528200
Zoning: R

Construction

Type & style

Home type: SingleFamily
Architectural style: Farmhouse,Two Story
Property subtype: Farm, Single Family Residence

Materials

Wood Siding
Foundation: Block, Stone
Roof: Asphalt,Shingle

Condition

Year built: 1900

Utilities & green energy

Sewer: Public Sewer
Water: Public

Community & HOA

Community

Security: Smoke Detector(s)

HOA

Has HOA: No

Location

Region: Grinnell

Financial & listing details

Price per square foot: $76/sqft
Tax assessed value: $135,040
Annual tax amount: $2,066
Date on market: 8/20/2026
Cumulative days on market: 49 days
Listing terms: Cash,Conventional
Road surface type: Concrete

Estimated market value

Not available

Estimated sales range

Not available

Price history

Date	Event	Price
10/7/2026	Price change	$154,000-3.1%$76/sqft
Source: DMMLS #747676 Report a problem
8/21/2026	Listed for sale	$159,000-7.6%$79/sqft
Source: DMMLS #747676 Report a problem
7/17/2026	Listing removed	$172,000$85/sqft
Source: DMMLS #726441 Report a problem
6/6/2026	Listed for sale	$172,000+6.2%$85/sqft
Source: DMMLS #726441 Report a problem
10/13/2025	Listing removed	$162,000$80/sqft
Source: DMMLS #726441 Report a problem
10/10/2025	Listing removed	$750
Source: Zillow Rentals Report a problem
10/7/2025	Listed for rent	$750
Source: Zillow Rentals Report a problem
9/17/2025	Price change	$162,000-5.8%$80/sqft
Source: NoCoast MLS as distributed by MLS GRID #6329936 Report a problem
7/21/2025	Listed for sale	$172,000$85/sqft
Source: NoCoast MLS as distributed by MLS GRID #6329936 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$2,094 +1.1%	$135,040 +7.3%
2024	$2,072 +12.4%	$125,820
2023	$1,844 +1%	$125,820 +29.1%
2022	$1,826 +18.4%	$97,480
2021	$1,542 +2.1%	$97,480 +25.6%
2020	$1,510 -1.4%	$77,590
2019	$1,532 +1.7%	$77,590
2018	$1,506 -2.1%	$77,590
2017	$1,538	$77,590
2016	--	$77,590 +0%
2015	--	$77,580
2014	--	$77,580
2013	--	$77,580
2012	$1,376 +2.4%	$77,580
2010	$1,344 +20.2%	$77,580
2007	$1,118 -0.2%	--
2005	$1,120	--