NOT LISTED FOR SALE

1424 240th St Tipton, IA 52772

Estimated Value: $425,000 - $491,000

3 Beds
2.5 Baths
2,496 Sq Ft
$182/Sq Ft Est. Value

Last Sold August 05, 2024

Last sale price $442,500 $177 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $2,733/month

1 Day on Market

Highlights

  • Wood Burning Stove
  • Solid Surface Countertops
  • Porch
  • Pole Barn
  • 3 Car Detached Garage
  • Water Softener is Owned

About This Home

As of August 2024

This GEM of a farmhouse has been METICULOUSLY kept over the past 25 years and offers modern conveniences & the privacy of country living. Situated on 3.86 acres with 3 car garage & 2 outbuildings. This 3 bedroom, 3 bathroom home with a wrap around porch greets you with stunning hardwood floors & timeless craftsmanship throughout. Well laid out kitchen has ample cabinetry, hard surface countertops & SS appliances. The main floor holds a cozy sitting area with large windows overlooking the deck which is open to the kitchen and flows nicely into the formal dining room, office/library and living room. WORKING POCKET DOORS are a welcomed surprise. Upstairs you'll find continuous craftsmanship, 3 expansive bedrooms, 2 full bathrooms, a reading nook and great closet space. The primary bedroom has a private bathroom too. No scary basement here! The basement is partially finished with a Rec room, tons of storage and walks up to outside. Let's step outside. The big outbuilding has 2 sides, one enough to store your boat/tractor/camper etc and the other is a heated workshop complete with water, its own electrical & LP, concrete floors with drainage. Another 20x24 building located next to the pasture has concrete floors & water hydrant can be used for animals or simply storage The property has housed a variety of different farm animals over the years in the +/- 1.5 acres of already fenced in pasture and lean to. Prime location, enjoy PEACEFUL country living while just 10 minute from town!

Last Agent to Sell the Property

Melissa Crawford

eXp Realty Brokerage Phone: 563-260-3021 License #S61148000/475.164735 Listed on: 06/27/2024

eXp Realty

Last Buyer's Agent

Non-Member Agent RMLSA

Non-MLS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,142

Year Built

  • Built in 1882

Lot Details

  • 3.84 Acre Lot

Parking

  • 3 Car Detached Garage
  • Heated Garage
  • Garage Door Opener

Home Design

  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 2,496 Sq Ft Home
  • 2-Story Property
  • Wood Burning Stove
  • Replacement Windows
  • Family Room with Fireplace

Kitchen

  • Oven or Range
  • Dishwasher
  • Solid Surface Countertops

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Partially Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Outdoor Features

  • Pole Barn
  • Outbuilding
  • Porch

Schools

  • Tipton Elementary And Middle School
  • Tipton High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas
  • Well
  • Water Softener is Owned

Listing and Financial Details

  • Homestead Exemption
  • Assessor Parcel Number 0040-11-16-100-001-0

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,142

Year Built

Built in 1882

Lot Details

0

Parking

3

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1882
  • Architectural Style: Two Story
  • New Construction: No
  • PricePerSqFt: 177.28
  • Attribution Contact: Cell: 563-260-3021
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Dryer, Range/Oven, Refrigerator, Washer, Water Softener Owned
  • Basement: Full, Partially Finished, Walk Out
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Family Room, Wood Burning Stove
  • Fireplaces: 1
  • Interior Amenities: Garage Door Opener(s), Solid Surface Counter
  • Living Area: 2496
  • TotalBasementSqFt: 1416
  • KitchenDining: Dining Formal,Pantry

Exterior Features

  • Lot Features: Agricultural
  • Road Surface Type: Gravel
  • Construction Type: Vinyl Siding
  • Exterior Features: Lean-To, Outbuilding(s), Pole Barn, Porch, Replacement Windows
  • Roof: Shingle
  • 100YearPlain: No

Garage/Parking

  • Garage Yn: Yes
  • Garage Spaces: 3
  • Parking Features: Detached, Heated

Utilities

  • Heating: Gas, Forced Air, Central Air
  • Water Source: Private Well, Septic System
  • NumberOfGarageRemotes: 1

Condo/Co-op/Association

  • Senior Community: No

Schools

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

Lot Info

  • Lot Size Acres: 3.84
  • Lot Size: 200x742x140x83x34x701apx
  • Parcel #: 0040-11-16-100-001-0

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 3142
  • TaxExemptions: Homestead/Owner Occupied

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 27, 2024
Closed on
Aug 2, 2024
Sold by
Odonnell Michael W and Odonnell Susan B
Bought by
Chapman Madalyn R and Chapman Mitchell W
Seller's Agent
Melissa Crawford
eXp Realty
Buyer's Agent
Non-Member Agent RMLSA
Non-MLS
List Price
$445,000
Sold Price
$442,500
Premium/Discount to List
-$2,500
-0.56%
Current Estimated Value
$455,329

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$12,829
Avg. Annual Appreciation
2.47%
Original Mortgage
$356,750
Outstanding Balance
$352,998
Interest Rate
7.25%
Mortgage Type
New Conventional
Estimated Equity
$102,331
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Chapman Madalyn R $442,500 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chapman Madalyn R $356,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/05/2024 08/05/24 Sold $442,500 -0.6% $177 / Sq Ft
06/27/2024 06/27/24 For Sale $445,000 -- $178 / Sq Ft
Source: RMLS Alliance

Tax History Compared to Growth

Source: Public Records

Tax History

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
2024 $3,914 $341,900 $95,000 $246,900
2023 $3,520 $328,390 $95,000 $233,390
2022 $3,000 $249,990 $63,000 $186,990
2021 $2,804 $249,990 $63,000 $186,990
2020 $2,680 $222,210 $56,000 $166,210
2019 $2,164 $178,300 $0 $0
2018 $2,136 $178,300 $0 $0
2017 $2,136 $172,040 $0 $0
2016 $2,154 $172,040 $0 $0
2015 $2,268 $172,040 $0 $0
2014 $2,268 $172,040 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: RMLS Alliance

MLS Number: QC4254064

RMLS Alliance

APN: 0040-11-16-100-001-0