




401 Jerome St, Marshalltown, IA, 50158
About This Home
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.
Getting Around
Schools
Construction
Condition
- Year built: 1865
Materials
- Roof: Shingle,Pitched
- Construction materials: Frame,Wood Siding
Type & Style
- Home type: SingleFamily
- Property subType: Single Family Residence
Interior
Appliances
- Appliances included: Cooktop,Wall Oven,Microwave,Dishwasher,Refrigerator,Freezer,Washer,Dryer,Disposal,Gas Water Heater
Basement
- Has basement: Yes
- Basement: Unfinished
Bedroom2
- Level: Upper
Bedroom3
- Level: Upper
Bedrooms & Bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
Dining Room
- Level: Main
Family Room
- Level: Upper
Features
- Trim: Painted
- Flooring: Carpet,Hardwood
- Finished area below ground: 150
- Finished area above ground: 3,204
- Common walls with other units/homes: 0
Heating & Cooling
- Heating features: Forced Air
- Cooling features: Central Air
Interior Area
- Total interior livable area: 3,354 sqft
Kitchen
- Level: Main
Living Room
- Level: Main
Other
- Level: Upper
Other
- Level: Main
Other
- Level: Upper
Other
- Level: Main
Other
- Level: Main
Other
- Level: Main
Property
Accessibility
- Accessibility features: None
Details
- Parcel number: 841826305018
- Zoning: Residential-Single Family
- Foundation area: 1514
Features
- Levels: Two
Lot
- Lot size: 0.55 Acres
- Features: Corner Lot,Wooded
- Lot size dimensions: 75' x 136' & 100' x 136'
Parking
- Total spaces: 4
- Parking features: Tuckunder Garage
- Has garage: Yes
- Attached garage spaces: 4
- Covered spaces: 4
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Strong Wind
- Tornado
- Winter Weather
- Hail
- Inland Flooding
- Lightning
How This Home’s Risks Compare
FEMA Declared Disasters Across Iowa Counties
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $1,972 | $23,664 |
| Home Insurance * | $444 | $5,328 |
| Property Taxes | $565 | $6,780 |
| Electricity | $250 | $3,002 |
| Total | $3,231 | $38,772 |
Income You'd Need if You Spent...
Iowa FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-07-30 | Listed for sale | $390,000 |
