401 Jerome Street

Marshalltown, IA
$ 369,900 Beds 3 Baths 2 Sq 3,354
Monthly Estimate* How much can I afford?

OWN A REMARKABLE PIECE OF MARSHALLTOWN HISTORY! Built in 1860 by newspaper editor Tomas Mercer, this distinctive home blends timeless character with thoughtful modern updates. A grand wrap-around porch with gingerbread trim welcomes you into a home filled with original detail, fascinating stories, and exceptional space. Inside, you will find 3 bedrooms with a potential 4th, a den or office, two full bathrooms, a spacious living room, and a sun filled kitchen designed for gathering. The kitchen features white Wood-Mode cabinetry, handmade Italian tile, a brick-red tin-style ceiling, high-end appliances, a built-in breakfast booth, and large windows. An adjoining four-season greenhouse offers a peaceful place to enjoy natural light year-around. Both bathrooms include quality Kohler fixtures, marble tile, and a cast-iron whirlpool tub. Two staircase, including a grand front staircase and a three-story back staircase, provide access throughout the home, while abundant storage supports everyday living, hobbies, and projects. The offering for sale includes two adjoining properties, 401 Jerome St and 404 N 4th St, being offered together as one property. The historic residence is located on the 404 N 4th St parcel. Set on two lots, the property also includes a secluded patio, a basement garage, and a detached garage. Lovingly cared for by the same family for nearly 80 years, this is more than a house-- it is a rare opportunity to become part of Marshalltown's story.

Active

  • Price
  • $ 369,900
  • City
  • Marshalltown
  • Bedrooms
  • 3
  • Full Bathrooms
  • 2
  • County
  • MARSHALL
  • Half Bathrooms
  • 0
  • Area
  • Marshall
  • Lot Size
  • 0.55 Acres
  • Zip
  • 50158
  • Sqr Footage
  • 3,354
  • Year Built
  • 1865
  • Taxes
  • $ 6517
  • Style
  • MLS#
  • 6340989
Listed By: Premier Real Estate
Data Source: Iowa Association of REALTORS®

Features

General

Sewer City Sewer/Connected
Heating Forced Air
Cooling Central Air
Roof Shingle,Pitched
Appliances Cooktop,Wall Oven,Microwave,Dishwasher,Refrigerator,Freezer,Washer,Dryer,Disposal,Gas Water Heater
Zoning Residential-Single Family
Garage Spaces 4
Construction Materials Frame,Wood Siding
Year Built 1865
Electric Circuit Breakers
Levels Two
Property Subtype Single Family Residence
Tax Year 2024
Accessibility None
County Marshall
Property Type Residential
Contingency None
Subdivision Name HUGHES ADD
Other Structures Storage
Full Baths 2
Status Active
Directions GPS
Lot Size Units Acres
Lot Size Square Feet 23958
Tax Annual Amount 6517
Living Area Units Square Feet
Standard Status Active
PostalCity Marshalltown
Legal Description S 75' E 136' LOT 15 BLK 3 & E 136' LOT 16 BLK 3

Interior Features

Basement Walk-Out Access,Unfinished
Flooring Carpet,Hardwood
Fireplace Y/N No
Above Grade Finished Area 3204
Total Bedrooms 3
Below Grade Finished Area 150
Total Baths 2

Exterior Features

Parking Features Detached Garage,Tuckunder Garage
Lot Features Corner Lot,Tree Coverage - Medium
Water Source Public
Lot Dimensions 75' X 136' & 100' X 136'
Lot Size Acres 0.55
Foundation Area 1514
Road Frontage Type City Street
Road Responsibility Public Maintained Road

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$3,786

Per Month

Based on the average sale price from the Ames, IA office

  • Monthly Principal & interest $2,658
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
Adjust Payment Options
Agent Photo

Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.

Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

Schools

Elementary School Unknown Elementary School
Middle School Unknown Middle School
High School Unknown High School

Price History

7/30/2026 Listed $390,000
9/11/2026 6% - $369,900

Property vs Zip Code Average in 50158

Price
AVG $220K
$370K
Taxes
AVG $2,525
$6,517
Year Built
AVG 1940
1865
Visits
AVG 3
3
Data Provided by Inside Real Estate®

401 Jerome Street Marshalltown, IA is a Single Family Home for sale at $369900 with 3354 sqft and a lot size of 0.55 Acres Acre(s). 401 Jerome Street Marshalltown has 3 bedrooms, 2 baths and was built in 1865. The property's zip code is 50158 which is in Marshalltown, IA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.