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707 S Main St, Fairfield, IA, 52556

5beds
3baths
4,180sqft
$249,500
$60price/sqft
$2,137/moest. monthly cost
$85,480/yrincome needed

About This Home

Spacious and full of character, this striking 5 bedroom, 3 bath historic-style residence offers over 4,000 square feet of above-ground living space on 1.13 acres along picturesque South Main Street lined with iconic mature trees. Featuring fresh exterior paint completed in 2025, dramatic rooflines, oversized windows, and a covered front porch, this home combines timeless architectural charm with expansive everyday living. Inside, soaring 10-foot ceilings, oversized rooms, and abundant natural light create a warm and inviting atmosphere throughout. The front room with built-in bookcases offers flexible use as a living room, office, library, sitting room, or workout space. Multiple connected living areas center around a wood stove fireplace, creating comfortable gathering spaces filled with character. The kitchen features a center island, appliances, and adjoining dining area surrounded by large windows overlooking the spanning backyard and mature trees. Main level laundry, full bath, and mud room with access to the side deck and parking area add convenience. The second level offers 3 spacious bedrooms and full bath, including an expansive owner’s suite with dual closets and a sunken sitting room overlooking the rear yard. The finished third-story attic provides 2 additional bedrooms, bath, gabled ceilings, and excellent storage space. Outside, enjoy the large front yard, circular drive with dual entry points, and spacious outdoor setting rarely found within town.

Getting Around

67
WalkingSomewhat Walkable
0
TransitVery Limited Transit
45
BikeSomewhat Bikeable

Schools

--
6/10
Fairfield Middle SchoolGrades 5-80.6 mi
3/10
Fairfield High SchoolGrades 9-120.7 mi

Construction

Condition

  • Year built: 1900

Materials

  • Construction materials: Wood Siding

Type & Style

  • Home type: SingleFamily
  • Property subType: Single Family Residence

Interior

Basement

  • Has basement: Yes
  • Basement: Full

Bedroom2

  • Level: Upper

Bedroom3

  • Level: Upper

Bedroom4

  • Level: Upper

Bedrooms & Bathrooms

  • Bedrooms: 5
  • Bathrooms: 3
  • Full bathrooms: 3

Dining Room

  • Level: Main

Family Room

  • Level: Main

Features

  • Number of fireplaces: 1
  • Fireplace: Yes
  • Finished area above ground: 4,180

Heating & Cooling

  • Heating features: Forced Air
  • Cooling features: Central Air

Interior Area

  • Total interior livable area: 4,180 sqft

Kitchen

  • Level: Main

Living Room

  • Level: Main

Other

  • Level: Upper

Other

  • Level: Upper
  • Dimensions: 5th Berm

Other

  • Level: Main

Other

  • Level: Upper

Other

  • Level: Main

Property

Accessibility

  • Accessibility features: None

Details

  • Parcel number: 0636128006

Features

  • Levels: Two

Lot

  • Lot size: 1.13 Acres
  • Lot size dimensions: 1.13 acres

Parking

  • Parking features: Gravel

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

  • Heat Wave
    Heat WaveVery High
  • Lightning
    LightningVery High
  • Strong Wind
    Strong WindVery High
  • Tornado
    TornadoVery High
  • Hail
    HailRelatively High
  • Winter Weather
    Winter WeatherRelatively High
  • Cold Wave
    Cold WaveModerate
  • Inland Flooding
    Inland FloodingModerate
  • Ice Storm
    Ice StormModerate

How This Home’s Risks Compare

Heat Wave
Lightning
Strong Wind
Tornado
Hail
Winter Weather
Cold Wave
Inland Flooding
Ice Storm

FEMA Declared Disasters Across Iowa Counties

Flood
Severe Storm
Tornado
Winter Storm

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

MonthlyAnnual
Mortgage $1,261$15,132
Home Insurance *$237$2,844
Property Taxes $328$3,936
Electricity $311$3,741
Total$2,137$25,644
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$73,268/yr
40% on housing$64,110/yr
45% on housing$56,986/yr

Iowa FAIR Plan Programs

Iowa FAIR Plan Association

Covered
WildfireWildfire
Visit Website →
Current Policies
Residential: 1,021Commercial: 22
Total Premiums$1.14M
Total Exposure$85.68M

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.

Insurance Growth Rate5-year average: 10.3%
10.3%
0%30.0%
Electricity Growth Rate10-year average: 1.9%
1.9%
0%15.0%
Property Taxes Growth Rate2-year average: -6.5%
-6.5%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$60This listing

vs Other Active Listings

Avg $/sqft

ZIP 52556$117
Jefferson County$116

vs Homes Sold Last Month

Median $/sqft

ZIP 52556$120
Jefferson County$85

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

DateEventPrice
2026-05-07Listed for sale$259,500
2020-07-24Sold$189,000
2020-06-15Pending sale$198,500
2020-05-30Listed for sale$198,500
2018-08-27Sold$90,000

For Sale by Agent

AgentKaren Hewitt
BrokerageLIV Real Estate & Property Management

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