A rare opportunity to own space, privacy, and versatility just outside of Tipton. Set on a scenic acreage, this property offers the perfect blend of comfortable living and functional land use. The home features a welcoming layout with generous living spaces, abundant natural light, four car attached garage, geothermal and backup generator. Step outside and experience what truly sets this property apart: expansive open space paired with multiple outbuildings, offering endless possibilities for hobbyists, storage, workshop use, or small hobby farm needs. Whether you’re looking for room for equipment, recreational vehicles, or future projects, this property delivers flexibility that’s hard to find. Enjoy peaceful surroundings, wide-open views, and the freedom of country living, all while remaining conveniently located within easy driving distance to Iowa City, Cedar Rapids, and the Quad Cities. A unique offering combining space, functionality, and long-term potential.
Sold for $690,000
$690,000
1252 240th St, Tipton, IA 52772
4beds
2,456sqft
Single Family Residence
Built in 1928
5.66 Acres Lot
$690,100 Zestimate®
$281/sqft
$2,319 Estimated rent
Home value
$690,100
Estimated sales range
Not available
$2,319/mo
Zestimate® history
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List your homeWhat's special
Multiple outbuildingsWelcoming layoutPeaceful surroundingsAbundant natural lightGenerous living spacesScenic acreageFour car attached garage
Zillow last checked:
Listing updated:
Listed by:
Steven Hankemeier 563-212-3008,
RE/MAX CONCEPTS
Bought with:
Hayden Ostwinkle
Realty87
Source: CRAAR, CDRMLS,MLS#: 2602770
Originating MLS: Cedar Rapids Area Association Of Realtors
Originating MLS: Cedar Rapids Area Association Of RealtorsFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 4
- Full bathrooms: 3
- 1/2 bathrooms: 1
Rooms
- Room types: Family Room, Laundry, Recreation
Other
- Level: First
Heating
- Geothermal, Wood
Cooling
- Geothermal, Central Air
Appliances
- Included: Dryer, Dishwasher, Disposal, Gas Water Heater, Microwave, Range, Refrigerator, Range Hood, Washer
- Laundry: Main Level
Features
- Eat-in Kitchen, Kitchen/Dining Combo, Bath in Primary Bedroom, Main Level Primary, Vaulted Ceiling(s)
- Basement: Full
- Has fireplace: Yes
- Fireplace features: Insert, Living Room, Wood Burning
Interior area
- Total interior livable area: 2,456 sqft
- Finished area above ground: 2,056
- Finished area below ground: 400
Property
Parking
- Total spaces: 4
- Parking features: Attached, Four or more Spaces, Garage Door Opener
- Has attached garage: Yes
Features
- Levels: One and One Half
- Stories: 1.5
- Patio & porch: Deck, Patio
Lot
- Size: 5.66 Acres
- Dimensions: 246,550
Details
- Additional structures: Outbuilding, Shed(s)
- Parcel number: 004011181000030
Construction
Type & style
- Home type: SingleFamily
- Architectural style: One and One Half Story
- Property subtype: Single Family Residence
Materials
- Wood Siding
Condition
- New construction: No
- Year built: 1928
Utilities & green energy
- Sewer: Septic Tank
- Water: Well
Community & HOA
Location
- Region: Tipton
Financial & listing details
- Price per square foot: $281/sqft
- Tax assessed value: $464,790
- Annual tax amount: $3,200
- Date on market: 4/21/2026
- Listing terms: Cash,Conventional,FHA,USDA Loan,VA Loan
Price history
| Date | Event | Price |
|---|---|---|
| 8/10/2026 | Sold | $690,000-0.7%$281/sqft |
Source:  CRAAR, CDRMLS #2602770 Report a problem | ||
| 6/29/2026 | Pending sale | $695,000$283/sqft |
Source: CRAAR, CDRMLS #2602770 Report a problem | ||
| 5/8/2026 | Price change | $695,000-2.8%$283/sqft |
Source: CRAAR, CDRMLS #2602770 Report a problem | ||
| 4/21/2026 | Listed for sale | $715,000+5.9%$291/sqft |
Source: CRAAR, CDRMLS #2602770 Report a problem | ||
| 10/13/2025 | Sold | $675,000-3%$275/sqft |
Source:  Iowa City Area AOR #202505575 Report a problem | ||
| 9/11/2025 | Pending sale | $696,000$283/sqft |
Source: CRAAR, CDRMLS #2507578 Report a problem | ||
| 9/4/2025 | Listed for sale | $696,000$283/sqft |
Source: Iowa City Area AOR #202505575 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $3,200 +142.4% | $462,590 +63% |
| 2024 | $1,320 -3.5% | $283,840 +118.1% |
| 2023 | $1,368 +5.1% | $130,120 +19% |
| 2022 | $1,302 -44.2% | $109,370 -32.8% |
| 2021 | $2,332 +5% | $162,840 +3.9% |
| 2020 | $2,220 +12.3% | $156,710 |
| 2019 | $1,976 +1.6% | $156,710 -6.5% |
| 2018 | $1,944 | $167,630 -1.3% |
| 2017 | $1,944 +4.9% | $169,850 |
| 2016 | $1,854 | $169,850 +4% |
| 2015 | $1,854 +2.3% | $163,360 |
| 2014 | $1,812 +11.9% | $163,360 |
| 2013 | $1,620 +0.9% | -- |
| 2012 | $1,606 +0.6% | -- |
| 2011 | $1,596 +0.5% | -- |
| 2010 | $1,588 +19.8% | -- |
| 2008 | $1,326 -5.7% | -- |
| 2007 | $1,406 +5.1% | -- |
| 2005 | $1,338 | -- |
Find assessor info on the county website
Neighborhood: 52772
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Nearby schools
GreatSchools rating
- 7/10Tipton Elementary SchoolGrades: PK-4Distance: 2.3 mi
- 6/10Tipton Middle SchoolGrades: 5-8Distance: 2.3 mi
- 4/10Tipton High SchoolGrades: 9-12Distance: 2.2 mi
Schools provided by the listing agent
- Elementary: Tipton
- Middle: Tipton
- High: Tipton
Source: CRAAR, CDRMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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- Iowa
- Cedar County
- Tipton
- 52772
- 1252 240th St
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