1132 Main St Grinnell, IA 50112
Estimated payment $2,209/month
About This Home
Discover this spacious and beautifully renovated four-square home, ideally located just a short walk from Grinnell College and downtown Grinnell. Perfect for students, faculty, or investors, this property offers a versatile living experience with four fully updated apartments. Historic Four-Square with spacious rooms, high ceilings, and timeless charm. Four Renovated Apartments each unit has been thoughtfully updated with newer finishes, offering comfortable and stylish living spaces. Recent upgrades include new plumbing, electrical systems, new paint throughout, updated bathrooms, ensuring reliability and efficiency. On-Site Laundry: Convenient laundry facilities available for tenants, adding to the property's appeal and convenience. Prime Location: Walkable to Grinnell College, downtown shops, dining, and entertainment, providing easy access to all amenities. Investment Opportunity: Ideal for rental income with multiple units, or as a spacious owner-occupied residence with rental income from additional units. This property combines historic character with modern updates, making it a fantastic opportunity for investors or those seeking a convenient, comfortable home near campus and downtown Grinnell.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,068
Year Built
- Built in 1900
Additional Features
- Basement Fills Entire Space Under The House
- Lot Dimensions are 75 x 165
- Baseboard Heating
Community Details
- Gross Income $38,698
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $3,068 | $204,800 | $30,900 | $173,900 |
| 2024 | $3,036 | $184,390 | $34,760 | $149,630 |
| 2023 | $3,540 | $184,390 | $34,760 | $149,630 |
| 2022 | $4,132 | $187,230 | $27,040 | $160,190 |
| 2021 | $4,132 | $187,230 | $27,040 | $160,190 |
| 2020 | $4,040 | $160,530 | $27,040 | $133,490 |
| 2019 | $3,358 | $160,530 | $27,040 | $133,490 |
| 2018 | $3,548 | $129,160 | $27,040 | $102,120 |
| 2017 | $3,144 | $129,160 | $27,040 | $102,120 |
| 2016 | $3,354 | $109,520 | $26,150 | $83,370 |
| 2015 | -- | $109,520 | $26,150 | $83,370 |
| 2014 | -- | $93,130 | $25,030 | $68,100 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 07/17/2025 07/17/25 | For Sale | $369,900 | -- | $96 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $157,500 | None Available | |
| Quit Claim Deed | -- | None Available |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Closed | $126,000 | New Conventional | |
| Previous Owner | $111,200 | Future Advance Clause Open End Mortgage |
Source: NoCoast MLS
MLS Number: NOC6329839
APN: 180-0701600
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