About This Home

This 2-bedroom, 2-bathroom single family at 201 E Grinnell Street in Gibson, IA is listed for $175,000 ($166 per sqft). Built in 1885, the home offers 1,053 sqft of living space on a 2.19 acres lot.

Key Features

  • Built in 1885
  • 2.19 acre lot

Property Details

1 story
1 full, 1 half
2-car garage
1885
Listing Description

This 2-bedroom, 1.5-bathroom home sits on an historic 2+ acre lot--offering space, and versatility. Ideal for hobbyists, entrepreneurs, or anyone needing storage, the property features a 42' x 48' dream workshop/garage fully equipped with its own kitchen / bar area.

- Living Space: 2 bedrooms, 1.5 bathrooms, and abundant indoor storage. - Outdoor Living: 2 large, expansive decks perfect for entertaining or relaxing. Home does need some finishing touches to make it your dream home. - Acreage: 2+ acre lot with a unique local history as the former city baseball field.

- Mechanical Updates: New electrical system and new HVAC. - Utilities: The propane tank servicing the home is fully owned, saving you ongoing lease costs. The Ultimate Workshop & Entertainment Hub - The crown jewel of this property is the detached 42' x 48' outbuilding.

Far more than a standard garage, this workshop is a fully functional entertainment space featuring a full kitchen and bar area. It is the ultimate setup for hosting game days, running a home business, or storing heavy equipment, boats, and RVs. - Septic System: The property requires a new septic system to be installed by the buyer after closing. - Seller Incentive: The seller is open to contributing toward the cost of the septic system, depending on the strength and terms of your offer.

Monthly Cost Estimate

$936/mo

20% down · 6.5% · 30 years

Principal$127
Interest$758
Insurance$51

Estimates only. Actual payments may vary.

Location

201 E Grinnell Street

Gibson, IA 50104

Property Details

Flooring

Laminate

Construction

Wood Siding T111 Siding

Outdoor Features

Deck

Heating

Propane (Heating)BaseboardForced AirElectric (Heating)

Questions & Answers

This 2-bedroom, 2-bathroom single family at 201 E Grinnell Street is listed at $175,000 ($166/sqft). The estimated monthly payment is $936 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1885, 2.19 acre lot.

This property is listed by Amy Dekleine.

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Amy Dekleine

Agent at Welcome Realty LLC

Listed by Welcome Realty LLC · Broker phone: 641-295-4457 · View on Broker Site

MLS# 12033492· Source: My State MLS· 9 days on PropertySimple

Copyright © 2026 My State MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

201 E Grinnell Street, Gibson, IA 50104

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