Frank Miller, founder and president of the Cedar Falls Trust and Savings Bank was born in this house in 1869. Built in the late 1860s, this home was decorated in many different styles, including Victorian, Greek Revival and many others. Tally Ho boasts eight rooms on the first floor and six rooms on the second.

Ruth Mitchell Fovall purchased the house in the late 1930s and began to redesign the interior. A tearoom, called Tally Ho, opened on July 1, 1936 and offered many types of salads and dressings. By 1937, Mrs. Fovall's dressing recipe had become so popular that it was packaged and sold in stores from Waterloo and Mason City. Eventually, the tea room closed so that the entire first floor of the home could be used to produce and store Tally Ho dressing.

In 1977, David and Connie Sullivan, who then moved the business to Industrial Park, purchased the Tally Ho Dressing Company. The Sullivan’s have since begun to renovate the home into a private residence.