PendingPrice cut: $20K (5/8)
$695,000
4beds
2,456sqft
1252 240th St, Tipton, IA 52772
4beds
2,456sqft
Single family residence
Built in 1928
5.66 Acres
4 Attached garage spaces
$283 price/sqft
What's special
Multiple outbuildingsWelcoming layoutPeaceful surroundingsAbundant natural lightGenerous living spacesScenic acreageFour car attached garage
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 ...
- 73 days |
- 950 |
- 33 |
Source: CRAAR, CDRMLS,MLS#: 2602770
Originating MLS: Cedar Rapids Area Association Of Realtors
Originating MLS: Cedar Rapids Area Association Of RealtorsTravel times
Living Room
Kitchen
Primary Bedroom
Zillow last checked:
Listing updated:
Listed by:
Steven Hankemeier 563-212-3008,
RE/MAX CONCEPTS
Source: CRAAR, CDRMLS,MLS#: 2602770Originating 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
Video & virtual tour
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: $283/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 |
|---|---|---|
| 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
Monthly payment
Est. payment
$4,291/mo
Principal & interest
$3584
Property taxes
$707
Estimated market value
$667,000
$634,000 - $700,000
$2,400/mo
Climate risks
Explore flood, wildfire, and other predictive climate risk information for this property on First Street®️.
Neighborhood: 52772
Nearby schools
Tipton Elementary School
Grades PK-4 • 2.3 miles5/10
GreatSchools® Rating
Test Score Rating
3/10Student Progress Rating
9/10Tipton Middle School
Grades 5-8 • 2.3 miles7/10
GreatSchools® Rating
Test Score Rating
6/10Student Progress Rating
5/10Tipton High School
Grades 9-12 • 2.2 miles5/10
GreatSchools® Rating
Test Score Rating
4/10College Readiness Rating
5/10Student Progress Rating
3/10- Iowa
- Cedar County
- Tipton
- 52772
- 1252 240th St