Isolated galaxies in low-density regions are significant in the sense that they are least affected by the hierarchical pattern of galaxy growth and interactions with perturbers, at least for the last few gigayears. To form a comprehensive picture of the star-formation history of isolated galaxies, we constructed a catalog of isolated galaxies and their comparison sample in relatively denser environments. The galaxies are drawn from the Sloan Digital Sky Survey Data Release 7 in the redshift range of 0.025<z<0.044. We performed a visual inspection and classified their morphology following the Hubble classification scheme. For the spectroscopic study, we make use of the catalog provided by Oh et al. (2011ApJS..195...13O). We confirm most of the earlier understanding on isolated galaxies. The most remarkable additional results are as follows. Isolated galaxies are dominantly late type with the morphology distribution (E:S0:S:Irr)=(9.9:11.3:77.6:1.2)%. The frequency of elliptical galaxies among isolated galaxies is only a third of that of the comparison sample. Most of the photometric and spectroscopic properties are surprisingly similar between the isolated and comparison samples. However, early-type isolated galaxies are less massive by 50% and younger (by H{beta}) by 20% than their counterparts in the comparison sample. This can be explained as a result of different merger and star-formation histories for differing environments in the hierarchical merger paradigm.