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Sold for $860,000
  • $860,000

    5424 400th St SE, Iowa City, IA 52240

    3beds
    2,806sqft
    Acreage, Residential
    Built in 1900
    25 Acres Lot
    $870,500 Zestimate®
    $306/sqft
    $2,343 Estimated rent

    Home value

    $870,500

    $827,000 - $914,000

    $2,343/mo

    Zestimate® history
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    What's special

    5424 400th St SW is a picturesque farm property spanning approximately 25 acres, located just 10 minutes from Iowa City and offering the ideal blend of privacy and convenience. The main home has been refreshed with a new roof and siding, while the interior showcases modern updates designed for comfort and everyday living. A separate accessory dwelling unit features a well-equipped kitchen, making it perfect for guests, extended family, or flexible living arrangements. Equestrian amenities include a riding stable and newly fenced pasture, suitable for horses or other livestock. The property also offers a heated machine shop with a concrete floor, along with two additional outbuildings for storage, hobbies, or workspace. Approximately 12 acres of hay ground provide agricultural potential or open space to enjoy the scenic surroundings. Opportunities like this—combining rural acreage with close proximity to Iowa City—are truly rare.

    Zillow last checked:

    Listing updated:

    Listed by:

    Monica Hayes 319-325-8659,

    Lepic-Kroeger, REALTORS

    Bought with:

    Rose Ambrose

    RMA Real Estate

    Source: Iowa City Area AOR,MLS#: 202600015MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 2
    • Full bathrooms: 1
    • 1/2 bathrooms: 1
    Rooms
    • Room types: Family Room
    Heating
    • Forced Air, Natural Gas
    Cooling
    • Central Air
    Appliances
    • Included: Cooktop, Dishwasher, Dryer, Microwave, Range Or Oven, Refrigerator, Oven, Washer
    • Laundry: In Basement, Main Level, Laundry Closet, Laundry Room
    Features
    • Primary On Main Level, Zero Step Entry
    • Flooring: Carpet, LVP, Tile
    • Basement: Finished
    • Has fireplace: No
    • Fireplace features: None
    Interior area
    • Total structure area: 2,806
    • Total interior livable area: 2,806 sqft
    • Finished area above ground: 2,306
    • Finished area below ground: 500

    Property

    Parking
    • Total spaces: 4
    • Parking features: Off Street
    Features
    • Patio & porch: Deck, Patio
    • Exterior features: Garden
    Lot
    • Size: 25 Acres
    • Dimensions: 568,458 SF
    • Features: Over Five Acres
    Details
    • Additional structures: Barn(s), Outbuilding, Shed(s), Stable(s), Workshop
    • Parcel number: 0914351002
    • Zoning: Agricultural Residential
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Acreage, Residential
    Materials
    • Vinyl, Frame
    Condition
    • Year built: 1900

    Utilities & green energy

    • Sewer: Septic Tank
    • Water: Private
    • Utilities for property: Cable Available

    Community & HOA

    Community
    • Features: Stable(s)
    • Subdivision: 120140-SCOTT RES
    Location
    • Region: Iowa City

    Financial & listing details

    • Price per square foot: $306/sqft
    • Tax assessed value: $794,600
    • Annual tax amount: $11,682
    • Date on market: 1/1/2026
    • Listing terms: Cash,Conventional

    Price history

    DateEventPrice
    3/2/2026Sold$860,000-1.7%$306/sqft
    Source: Iowa City Area AOR #202600015 Report a problem
    1/26/2026Pending sale$875,000$312/sqft
    Source: Iowa City Area AOR #202600015 Report a problem
    1/2/2026Listed for sale$875,000-5.4%$312/sqft
    Source: Iowa City Area AOR #202600015 Report a problem
    1/1/2026Listing removed$925,000$330/sqft
    Source: CRAAR, CDRMLS #2506643 Report a problem
    12/8/2025Price change$925,000-6.5%$330/sqft
    Source: Iowa City Area AOR #202504968 Report a problem
    8/3/2025Listed for sale$989,000-16.8%$352/sqft
    Source: Iowa City Area AOR #202504968 Report a problem
    8/1/2025Listing removed$1,189,000$424/sqft
    Source: CRAAR, CDRMLS #2408035 Report a problem
    4/24/2025Price change$1,189,000-6.7%$424/sqft
    Source: CRAAR, CDRMLS #2408035 Report a problem
    2/17/2025Price change$1,275,000-5.6%$454/sqft
    Source: CRAAR, CDRMLS #2408035 Report a problem
    11/20/2024Listed for sale$1,350,000+44.4%$481/sqft
    Source: Iowa City Area AOR #202406452 Report a problem
    2/26/2024Listing removed--
    Source: Iowa City Area AOR #202006630 Report a problem
    8/9/2021Listing removed--
    Source: Zillow Rental Manager Report a problem
    8/6/2021Listed for rent$1,000
    Source: Zillow Rental Manager Report a problem
    7/15/2021Sold$935,000-6.5%$333/sqft
    Source: Iowa City Area AOR #202101842 Report a problem
    7/10/2021Pending sale$1,000,000$356/sqft
    Source: Iowa City Area AOR #202101842 Report a problem
    6/11/2021Contingent$1,000,000$356/sqft
    Source: Iowa City Area AOR #202101842 Report a problem
    6/11/2021Pending sale$1,000,000$356/sqft
    Source: CRAAR, CDRMLS #2007811 Report a problem
    11/25/2020Price change$1,000,000-9.1%$356/sqft
    Source: Iowa City Area AOR #202006630 Report a problem
    9/29/2020Price change$1,100,000-8.3%$392/sqft
    Source: Keller Williams Legacy Group #2002674 Report a problem
    4/10/2020Listed for sale$1,200,000+269.2%$428/sqft
    Source: Keller Williams Legacy Group #202002609 Report a problem
    7/27/2015Sold$325,000$116/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$10,356 +4%$794,600 +1%
    2024$9,956 +10.4%$786,600
    2023$9,018 +1.2%$786,600 +29.1%
    2022$8,909 +18.4%$609,400
    2021$7,526 +114.3%$609,400
    2020$3,512 +10.4%--
    2019$3,180 --
    2018$3,180 -2.5%$236,700
    2017$3,262 -7.2%$236,700 +1.1%
    2016$3,516 +20.2%$234,100 +17.6%
    2015$2,924 +7%$199,000 +3.4%
    2014$2,732 $192,400 -1%
    2012-- $194,380
    2011-- $194,380
    2009-- $194,380 -1.8%
    2008-- $197,980 +9%
    2005$1,992 -0.6%$181,580
    2004$2,004 +16.8%$181,580 +22.7%
    2003$1,716 +15%$148,000 +14.1%
    2002$1,492 +18.2%$129,660 +18.3%
    2001$1,262 $109,570
    Find assessor info on the county website

    Neighborhood: 52240

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Hoover
    • Middle: WestBranch
    • High: WestBranch

    Source: Iowa City Area AOR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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