In this work, we report the synthesis of sol-gel-derived lead iron niobate [Pb1.10 (Fe0.5 Nb0.5) O3] (PFN) powders and sintered ceramics. The PFN powders were calcined at (Ta), 973, 1073, 1173, 1273, and 1373 K for 3 h in air. As envisaged from x-ray-diffraction analyses, PFN powder calcined at 1173 K was crystallized into pure monoclinic perovskite phase whereas powders calcined at all other temperatures had varied amounts of retained pyrochlore (Pb3 Nb4 O13) phase coexisted with dominant monoclinic perovskite phase. The PFN pellet (prepared using the phase pure powder calcined at 1173 K) sintered at 1373 K for 4 h in air also had a minute quantity of retained pyrochlore phase coexisting with desired perovskite phase. From the temperature dependence of measured capacitance and loss tangent at different frequencies, the ferroelectric to paraelectric phase-transition temperature of PFN ceramics was observed at Tc ≈370 K. The diffused nature of this transition and high dielectric constant of PFN is related to the cation disorder at the B site of A (BI +3 BII +5) O3 lattice. For PFN powders, calcined at different temperatures, the temperature dependence of the magnetic susceptibility (χ) was measured in a temperature range of 2-360 K, whereas the magnetic hysteresis loops and electron magnetic resonance (EMR) spectra were measured at room temperature. Room-temperature ferromagnetism is observed in all the calcined powder samples and it was found that the magnetization increases with the increase in calcination temperature (Ta). The symmetric EMR line shape with g≈2.01 observed in all calcined samples was identified to be due to Fe3+ ions. It is suggested that the observed weak ferromagnetism, which increases with an increase in Ta, may be due to canting of the Fe3+ spins. These observations suggest PFN to be a very attractive single-phase ferroelectric/ferromagnetic material for room-temperature applications. © 2006 American Institute of Physics.