$695,000
PENDING $20K PRICE DROP

1252 240th St Tipton, IA 52772

Tipton Area

Estimated payment $4,054/month

Total Views 6,934
4 Beds
3.5 Baths
2,456 Sq Ft
$283 Price per Sq Ft

Highlights

  • Deck
  • Vaulted Ceiling
  • Attached Garage
  • Recreation Room
  • Main Floor Primary Bedroom
  • Eat-In Kitchen

About This Home

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.

Listing Agent

Steven Hankemeier

RE/MAX CONCEPTS Listed on: 04/21/2026

RE/MAX CONCEPTS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,200

Year Built

  • Built in 1928

Lot Details

  • 5.66 Acre Lot

Home Design

  • Wood Siding

Interior Spaces

  • 1.5-Story Property
  • Vaulted Ceiling
  • Wood Burning Fireplace
  • Family Room
  • Living Room with Fireplace
  • Combination Kitchen and Dining Room
  • Recreation Room
  • Basement Fills Entire Space Under The House

Kitchen

  • Eat-In Kitchen
  • Range with Range Hood
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main

Laundry

  • Laundry Room
  • Laundry on main level
  • Dryer
  • Washer

Parking

  • Attached Garage
  • Garage Door Opener

Outdoor Features

  • Deck
  • Patio
  • Shed

Schools

  • Tipton Elementary And Middle School
  • Tipton High School

Utilities

  • Central Air
  • Heating System Uses Wood
  • Geothermal Heating and Cooling
  • Well
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 004011181000030

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,200

Year Built

Built in 1928

Lot Details

5.66 Acres

Listing Details

  • Property Type: Residential
  • Property Sub-Type: Single Family Residence
  • ResoLaundryFeatures: Main Level
  • Lot Size Acres: 5.66
  • NAV29_Unit_1_Appliances: Dryer, Dishwasher, Disposal, Gas Water Heater, Microwave, Range, Refrigerator, Range Hood, Washer
  • Co List Office Phone: 319-395-0101
  • MLS Status: Pending
  • Directions: .
  • Above Grade Finished Sq Ft: 2056.0
  • Architectural Style: One and One Half Story
  • Reso Interior Features: Eat-in Kitchen, Kitchen/Dining Combo, Bath in Primary Bedroom, Main Level Primary, Vaulted Ceiling(s)
  • Unit Levels: One and One Half
  • New Construction: No
  • ResoRoomType: Family Room, Laundry, Recreation
  • Year Built: 1928
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Basement: Full
  • Basement: Yes
  • Fireplace Features: Insert, Living Room, Wood Burning
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Below Grade Sq Ft: 400.0
  • Fireplace: Yes

Exterior Features

  • Construction Type: Wood Siding
  • Other Structures: Outbuilding, Shed(s)
  • Patio And Porch Features: Deck, Patio

Garage/Parking

  • Parking Features: Attached, Four or more Spaces, Garage Door Opener

Utilities

  • Sewer: Septic Tank
  • Cooling: Geothermal, Central Air
  • Cooling Y N: Yes
  • Heating: Geothermal, Wood
  • HeatingYN: Yes
  • Water Source: Well

Schools

  • Elementary School: Tipton
  • High School: Tipton
  • Middle Or Junior School: Tipton

Lot Info

  • Lot Dimensions: 246,550
  • ResoLotSizeUnits: Acres
  • Parcel Number: 004011181000030

Tax Info

  • Tax Annual Amount: 3200.0

Map

Range of Values:

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Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $3,200 $462,590 $104,950 $357,640
2024 $3,200 $283,840 $104,000 $179,840
2023 $1,320 $130,120 $7,350 $122,770
2022 $1,302 $109,370 $5,720 $103,650
2021 $2,332 $162,840 $59,190 $103,650
2020 $2,220 $156,710 $64,300 $92,410
2019 $1,976 $167,630 $0 $0
2018 $1,944 $167,630 $0 $0
2017 $1,868 $169,850 $0 $0
2016 $1,854 $169,850 $0 $0
2015 $1,842 $163,360 $0 $0
2014 $1,842 $163,360 $0 $0
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/29/2026 06/29/26 Pending -- -- --
05/08/2026 05/08/26 Price Changed $695,000 -2.8% $283 / Sq Ft
04/21/2026 04/21/26 For Sale $715,000 +5.9% $291 / Sq Ft
10/13/2025 10/13/25 Sold $675,000 -3.0% $328 / Sq Ft View Prior Sale
09/23/2025 09/23/25 Pending -- -- --
09/03/2025 09/03/25 For Sale $696,000 -- $339 / Sq Ft
Source: Cedar Rapids Area Association of REALTORS®

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Type Sale Price Title Company
Warranty Deed $675,000 None Listed On Document
Warranty Deed $1,425 Beine Lee W
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Loan Amount Loan Type
Previous Owner $100,000 New Conventional
Source: Public Records

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 2602770

Cedar Rapids Area Association of REALTORS®

APN: 0040-11-18-100-003-0

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