$2,500,000
$2M PRICE INCREASE

202 W Main St Decorah, IA 52101

Estimated payment $14,186/month

Total Views 6,274
5 Beds
9 Baths
7,614 Sq Ft
$328 Price per Sq Ft

Highlights

  • City View
  • Multiple Fireplaces
  • Corner Lot
  • Carrie Lee Elementary School Rated 9+
  • Freestanding Bathtub
  • Solid Surface Countertops

About This Home

Downtown Luxury Meets Small-Town Charm in Vibrant Decorah, Iowa. Check out the virtual tour for a complete walk-through! Full Ownership: Make it entirely yours for $2.5 million and enjoy the complete privacy and prestige of sole ownership. This expansive residence features 5 bedrooms, 8 bathrooms, a gourmet kitchen, formal dining and living rooms, a bar and game room, a library, a family room, a kitchenette, and two designated parking spaces. Whether you're seeking a shared luxury experience or full-time ownership, this property offers the flexibility, space, and amenities to match your lifestyle. Don't miss this rare opportunity! Step into timeless elegance at Lizzie’s Lofts, a distinguished 7,500-square-foot mansion located in the heart of downtown Decorah. This beautifully maintained three-story property offers a rare blend of historical charm, modern comfort, and exceptional versatility—ideal as a private residence, vacation rental, or event space. Thoughtfully designed for both family living and entertaining, the first floor welcomes you with a grand living room featuring plush leather seating and a cozy fireplace. The adjacent formal dining room—accented by a baby grand piano—comfortably seats twelve and flows into a fully equipped kitchen ready for any culinary endeavor. Upstairs, the second floor offers a true retreat for leisure and entertainment, featuring vintage pinball, a roulette table, a classic chessboard, and a well-stocked library. The third floor features four uniquely styled bedrooms, a convenient kitchenette, and a beautifully preserved vintage clawfoot tub, offering a peaceful space to unwind. With five bedrooms, eight bathrooms, and a layout that encourages gathering and connection. All this, set against the backdrop of Decorah’s vibrant downtown, with shops, restaurants, and cultural attractions just steps away. Don’t miss this rare opportunity to own a one-of-a-kind property in one of Iowa’s most charming communities.

Listing Agent

Joan Rollins

AJ Realty, Inc. License #B39150 Listed on: 08/18/2025

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,544

Year Built

  • Built in 1858

Lot Details

  • 2,953 Sq Ft Lot
  • Lot Dimensions are 53 x 69 x 47
  • Corner Lot
  • Property is zoned C-3

Home Design

  • Concrete Foundation
  • Membrane Roofing
  • Rubber Roof
  • Stucco

Interior Spaces

  • 7,614 Sq Ft Home
  • Wet Bar
  • Crown Molding
  • Multiple Fireplaces
  • Electric Fireplace
  • Gas Fireplace
  • Pocket Doors
  • Panel Doors
  • Family Room with Fireplace
  • Living Room with Fireplace
  • City Views
  • Home Security System

Kitchen

  • Free-Standing Range
  • Dishwasher
  • Solid Surface Countertops

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Freestanding Bathtub

Laundry

  • Laundry Room
  • Laundry on upper level
  • Dryer
  • Washer

Partially Finished Basement

  • Walk-Out Basement
  • Exterior Basement Entry

Parking

  • 2 Car Garage
  • No Garage

Schools

  • Decorah Community Schools Elementary And Middle School
  • Decorah Community Schools High School

Utilities

  • Forced Air Heating and Cooling System

Community Details

  • Downtown Decorah Subdivision

Listing and Financial Details

  • Assessor Parcel Number 111643002000

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,544

Year Built

Built in 1858

Lot Details

0

Listing Details

  • Parcel Number: 111643002000
  • Year Built: 1858
  • Property Sub-Type: Single Family Residence
  • PropertyType: Residential
  • ResoLaundryFeatures: 2nd Floor, Laundry Room
  • ResoLotFeatures: Corner Lot, City View
  • Lot Size Acres: 0.07
  • Road Frontage Type: Hard Surface Road
  • Road Surface Type: None
  • ResoSecurityFeatures: Security System
  • Co List Office Mls Id: NBR266
  • Co List Office Phone: 563-382-3627
  • Co List Office Phone: 563-382-3627
  • MLS Status: ACTIVE
  • Subdivision Name: Downtown Decorah
  • Reso Fireplace Features: Multiple, Electric, Gas, In Family Room Up, Living Room
  • Reso Interior Features: Ceiling-Specialty, Crown Molding, Solid Surface Counters, Paneled Doors, Pocket Doors, Stereo Surround System, Wet Bar
  • Reso Roof: Membrane, Rubber
  • TotalFinishedSquareFootage: 7614
  • Special Features: 4097
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Free-Standing Range, Refrigerator, Washer
  • Basement: Concrete, Entrance-Outside, Floor Drain, Walk-Out Access, Partially Finished
  • Half Bathrooms: 4
  • Three Quarter Bathrooms: 5
  • Total Bedrooms: 5
  • Flooring: Hardwood
  • BelowGradeArea: 2538

Exterior Features

  • Construction Type: Stucco

Garage/Parking

  • Parking Features: 2 Stall, None

Utilities

  • Cooling: Central Air
  • Heating: Forced Air, Natural Gas
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee Frequency: N/A

Schools

  • Elementary School: Decorah Community Schools
  • High School: Decorah Community Schools
  • Middle Or Junior School: Decorah Community Schools

Lot Info

  • Zoning: C-3
  • Lot Dimensions: 53 x 69 x 47
  • Lot Size Sq Ft: 2953
  • Additional Parcels: No

Tax Info

  • Tax Annual Amount: 10544

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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
2024 $10,544 $490,590 $25,940 $464,650
2023 $9,102 $490,590 $25,940 $464,650
2022 $8,926 $400,280 $21,610 $378,670
2021 $8,806 $400,280 $21,610 $378,670
2020 $8,806 $383,820 $21,610 $362,210
2019 $8,368 $357,770 $0 $0
2018 $8,790 $357,780 $0 $0
2017 $9,018 $169,500 $0 $0
2016 $9,252 $345,910 $0 $0
2015 $9,300 $345,910 $0 $0
2014 $9,300 $345,910 $0 $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/04/2025 09/04/25 Price Changed $2,500,000 +900.0% $328 / Sq Ft
08/18/2025 08/18/25 For Sale $250,000 -- $33 / Sq Ft
Source: Northeast Iowa Regional Board of REALTORS®

Purchase History

Date Type Sale Price Title Company
Warranty Deed $450,000 None Listed On Document
Warranty Deed $450,000 None Listed On Document
Quit Claim Deed -- None Listed On Document
Quit Claim Deed -- None Listed On Document
Warranty Deed -- None Listed On Document
Warranty Deed $365,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,400,000 Construction
Previous Owner $360,000 Purchase Money Mortgage
Source: Public Records

Source: Northeast Iowa Regional Board of REALTORS®

MLS Number: NBR20253977

Northeast Iowa Regional Board of REALTORS®

APN: 111643002000