402 S Mechanic St Decorah, IA 52101
Estimated payment $1,780/month
Highlights
- Wrap Around Porch
- 3 Car Detached Garage
- Central Air
- Carrie Lee Elementary School Rated 9+
- Garden
- Water Softener is Owned
About This Home
Welcome to 402 Mechanic Street, a unique opportunity just a few blocks from downtown! With access from both Mechanic Street and Jefferson Street, this property sits on a spacious 0.4-acre lot in the heart of town, offering the perfect blend of classic charm, functional space, and future flexibility. The main home is a 11⁄2-story residence featuring three generously sized bedrooms and 11⁄2 baths, ideal for comfortable living. A large wrap-around porch invites you to relax and enjoy the peaceful neighborhood, while a brand-new sidewalk and new garage siding add to the curb appeal and convenience. The home also boasts a dry basement, giving you peace of mind and extra usable space. A standout feature of this property is the additional main-floor living space located at the back of the home. Currently set up as a one-bedroom apartment, this space offers great flexibility—it can easily be converted back into a single-family layout or continue as a separate living unit for guests, extended family, or rental income. With two detached garages—a two-car for the main house and a one-car for the apartment—there’s ample storage and parking. Whether you're looking for a multi-generational setup, income potential, or simply room to spread out, this in-town gem offers possibilities rarely found so close to downtown. Schedule your showing today to explore all the options at 402 Mechanic Street!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $3,922
Year Built
- Built in 1900
Lot Details
- 0.39 Acre Lot
- Lot Dimensions are 129x139
- Garden
- Property is zoned R-3
Parking
- 3 Car Detached Garage
Home Design
- Concrete Foundation
- Asphalt Roof
- Vinyl Siding
Interior Spaces
- 2,687 Sq Ft Home
- Ceiling Fan
- Basement
- Interior and Exterior Basement Entry
- Fire and Smoke Detector
- Disposal
Bedrooms and Bathrooms
- 4 Bedrooms
Outdoor Features
- Wrap Around Porch
Schools
- Decorah Community Schools Elementary And Middle School
- Decorah Community Schools High School
Utilities
- Central Air
- Gas Water Heater
- Water Softener is Owned
Listing and Financial Details
- Assessor Parcel Number 111645900100
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 |
|---|---|---|---|---|
| 2024 | $4,084 | $216,990 | $49,250 | $167,740 |
| 2023 | $3,904 | $216,990 | $49,250 | $167,740 |
| 2022 | $3,552 | $187,390 | $41,040 | $146,350 |
| 2021 | $3,386 | $176,020 | $41,040 | $134,980 |
| 2020 | $3,386 | $164,710 | $41,040 | $123,670 |
| 2019 | $3,294 | $164,710 | $0 | $0 |
| 2018 | $3,318 | $164,710 | $0 | $0 |
| 2017 | $2,834 | $135,120 | $0 | $0 |
| 2016 | $2,792 | $135,120 | $0 | $0 |
| 2015 | $2,672 | $129,390 | $0 | $0 |
| 2014 | $2,624 | $129,390 | $0 | $0 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 09/14/2025 09/14/25 | Price Changed | $274,000 | -3.5% | $102 / Sq Ft |
| 07/07/2025 07/07/25 | For Sale | $284,000 | -- | $106 / Sq Ft |
Source: Northeast Iowa Regional Board of REALTORS®
MLS Number: NBR20253202
APN: 111645900100
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