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1132 Elm St, Grinnell, IA, 50112

4beds
2baths
1,749sqft
$179,000
$102price/sqft
$1,361/moest. monthly cost
$54,440/yrincome needed

About This Home

Step into this charming four-bedroom home situated in an unbeatable prime location just one block from Grinnell College and a short four-block stroll to the vibrant shops of downtown Grinnell, Central Park, and Fairview Middle School. From the moment you arrive, you will be captivated by the classic curb appeal as you walk up the steps to the expansive covered front porch that wraps around the corner, offering the perfect sanctuary to relax and enjoy the friendly neighborhood atmosphere. Inside, the home radiates warmth and timeless character, highlighted by original wood floors and exquisite wood trim that flow seamlessly throughout the living and dining areas. The main floor is thoughtfully designed for comfort and functionality, featuring a full bathroom and spacious rooms perfect for hosting. Head upstairs to find all four bedrooms situated on the second level, which also includes a unique and convenient half bath. Outdoor living is a breeze with a large backyard deck ideal for summer gatherings and a partial chain link fence for added structure. Off-street parking is provided by a detached one-car garage, while the solid basement offers room for laundry and storage with the added benefit of a separate side entrance for easy utility access. This residence perfectly blends historic charm with a central location that puts the best of Grinnell right at your doorstep. Make your appointment today while this house is still available!

Getting Around

62
WalkingSomewhat Walkable
0
TransitVery Limited Transit
90
BikeBiker's Paradise

Schools

Construction

Condition

  • Year built: 1901

Materials

  • Construction materials: Metal Siding

Type & Style

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

Interior

Basement

  • Has basement: Yes
  • Basement: Full,Unfinished

Bedroom2

  • Level: Upper

Bedroom3

  • Level: Upper

Bedroom4

  • Level: Upper

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 2
  • Full bathrooms: 1
  • 1/2 bathrooms: 1

Features

  • Common walls with other units/homes: 0

Heating & Cooling

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

Interior Area

  • Total interior livable area: 1,749 sqft

Other

  • Level: Upper

Property

Accessibility

  • Accessibility features: None

Details

  • Parcel number: 0601300

Features

  • Levels: Two

Lot

  • Lot size: 0.36 Acres
  • Lot size dimensions: Lot Dimensions Regular Lot: 75.00 x 208.55

Parking

  • Total spaces: 1
  • Parking features: Concrete
  • Has garage: Yes
  • Attached garage spaces: 1
  • Covered spaces: 1

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
    Strong WindVery High
  • Hail
    HailRelatively High
  • Tornado
    TornadoRelatively High
  • Winter Weather
    Winter WeatherRelatively High
  • Cold Wave
    Cold WaveModerate
  • Drought
    DroughtModerate
  • Heat Wave
    Heat WaveModerate
  • Ice Storm
    Ice StormModerate
  • Lightning
    LightningModerate

How This Home’s Risks Compare

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

FEMA Declared Disasters Across Iowa Counties

Flood
Severe Storm
Tornado

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 $905$10,860
Home Insurance *$102$1,224
Property Taxes $224$2,688
Electricity $130$1,565
Total$1,361$16,332
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$46,662/yr
40% on housing$40,830/yr
45% on housing$36,293/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: 12.7%
12.7%
0%30.0%
Electricity Growth Rate10-year average: 1.9%
1.9%
0%15.0%
Property Taxes Growth Rate2-year average: 5.3%
5.3%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$102This listing

vs Other Active Listings

Avg $/sqft

ZIP 50112$130
Poweshiek County$308

vs Homes Sold Last Month

Median $/sqft

ZIP 50112
Poweshiek County$164

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
2026-03-25Listed for sale$185,000
1994-12-16Sold$72,500

For Sale by Agent

AgentMatthew Karjalahti
BrokerageRE/MAX Partners Realty, Grinnell

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