NOT LISTED FOR SALE

5048 Highway 6 SE Iowa City, IA 52240

Estimated Value: $601,000 - $1,314,000

3 Beds
2.5 Baths
2,944 Sq Ft
$376/Sq Ft Est. Value

Last Sold August 28, 2023

Last sale price $1,200,000 $408 Per Sq Ft

Est. 8% decrease in value since last sale

Current estimated payment $6,297/month

86 Days on Market

Highlights

  • Barn
  • 20 Acre Lot
  • Deck
  • City High School Rated A-
  • Fireplace in Primary Bedroom
  • Pond

About This Home

As of August 2023

Hobby farm, horse boarding, preschool, tree farm? What's your dream? With a nearly 2 acre pond, 9 tillable acres (currently in hay), and 2 homes there are so many possibilities. This is the former Kinderfarm, a preschool with a 50 year history just outside Iowa City where kids could learn all the regular things plus gather eggs, ride horses, grow veggies, and live at one with nature. Now the property is available for new dreams. The historic farmhouse with over 1800 sq ft on the main is a colorful open concept space with one room opening to another all around. Convert it back to a home or use it for a business? On the 2nd level there's a full apartment with 2 lg bedrooms and spacious living spaces and there's a bonus room in the 3rd floor attic. In 2012 a new home was built overlooking the pond to replace a home that was destroyed by fire. With geothermal, a huge tile shower, double sided fireplace, formal dining room, pantry in the kitchen, and dog wash station in the mudroom there are so many comforts awaiting in this home after a day on the farm. Buyer to verify all measurements as they are approximate and school attendance area.

Last Agent to Sell the Property

Brandi Radcliffe

Lepic-Kroeger, REALTORS Listed on: 05/10/2023

Lepic-Kroeger, REALTORS

Co-Listed By

Emily Hammes

Lepic-Kroeger, REALTORS

Last Buyer's Agent

Leslie Fitzpatrick

Blank & McCune Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,754

Year Built

  • Built in 2012

Lot Details

  • 20 Acre Lot
  • Lot Dimensions are 650' x 1330'
  • Open Lot
  • Private Yard
  • Garden
  • Property is zoned residential/agricultural

Parking

  • 3 Parking Spaces

Home Design

  • Brick or Stone Mason
  • Poured Concrete
  • Frame Construction

Interior Spaces

  • 1-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Family Room Downstairs
  • Living Room with Fireplace
  • Dining Room

Kitchen

  • Country Kitchen
  • Oven or Range
  • Microwave
  • Plumbed For Ice Maker
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms | 1 Primary Bedroom on Main
  • Fireplace in Primary Bedroom

Laundry

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

Finished Basement

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

Outdoor Features

  • Pond
  • Deck
  • Patio
  • Outbuilding
  • Porch

Schools

  • Hoover Elementary School
  • Southeast Middle School

Utilities

  • Central Air
  • Geothermal Heating and Cooling
  • Private Water Source
  • Water Softener Leased
  • Private or Community Septic Tank
  • Internet Available

Additional Features

  • Grid-tied solar system exports excess electricity
  • Barn

Community Details

  • Built by Built by HBD/unknown
  • 120140 Scott Res Subdivision

Listing and Financial Details

  • Assessor Parcel Number 0933276003 0933251003

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,754

Year Built

Built in 2012

Lot Details

0

Listing Details

  • Property Type: SINGLE FAMILY/ACREAGE
  • Total Sq Ft: 2944
  • Homebuilder: Built by HBD/unknown
  • Owner Name L F Mi: Norman, Heather and Jeff
  • Ownership Type: Acreage
  • Photo Code: Broker Loaded
  • Remarks: Ranch home septic system rated for 4 BRs. Farmhouse septic currently rated for 2 BRs and will need new tank and extended drainage field to accommodate more than 2 BRs according to Johnson County Public Health. Shared well with mechanicals in LL of ranch home. Currently zoned residential and agricultural with zoning for a preschool grandfathered in. Subdivision and rezoning required to sell as two separate parcels pending approval by Johnson County Board of Supervisors. Farmhouse and outbuildings sold "as is". HVAC and appliances in older home functional but not warranted.
  • Year Built: 2012
  • Tax Year Report: 2021
  • Subdivision: 120140-SCOTT RES
  • Directions: Take Highway 6 East heading South of Iowa City. Property is 3.5 miles from the corner of Hwy 6 and Heinz Rd on the North side of the highway.
  • Aging In Place Form: No
  • L O1 Dues Paid: y
  • L O2 Dues Paid: y
  • S O1 Dues Paid: y
  • Amenities: Other
  • Basement Remarks: Poured Concrete, Sump Pump, Finished, Full, Walkout
  • Fireplace Type Location: In Living Room, In Primary Bedroom, Gas
  • Interior R: Ceiling-9+ ft, Vaulted Ceiling
  • Kitchen Breakfast R: Country Kitchen, Pantry
  • Lot Description R: 5+ Acres, Open Land, Pond, Private Backyard
  • Possession R: Negotiable
  • Possible Finance R: Cash, Conventional
  • Stories Style R: 1 Story, 2661
  • Remarks2: Hobby farm, horse boarding, preschool, tree farm? What's your dream? With a nearly 2 acre pond, 9 tillable acres (currently in hay), and 2 homes there are so many possibilities. This is the former Kinderfarm, a preschool with a 50 year history just outside Iowa City where kids could learn all the regular things plus gather eggs, ride horses, grow veggies, and live at one with nature. Now the property is available for new dreams. The historic farmhouse with over 1800 sq ft on the main is a colorful open concept space with one room opening to another all around. Convert it back to a home or use it for a business? On the 2nd level there's a full apartment with 2 lg bedrooms and spacious living spaces and there's a bonus room in the 3rd floor attic. In 2012 a new home was built overlooking the pond to replace a home that was destroyed by fire. With geothermal, a huge tile shower, double sided fireplace, formal dining room, pantry in the kitchen, and dog wash station in the mudroom there are so many comforts awaiting in this home after a day on the farm. Buyer to verify all measurements as they are approximate and school attendance area.
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Icemaker Line, Microwave, Range/Oven, Refrigerator, Dryer, Washer
  • Number Bedrooms Lower: 2
  • Number Bedrooms Main: 1
  • Sq Ft Above: 1696
  • Total Full Baths: 2
  • Total Half Baths: 1
  • Number of Main Level Half Bathrooms: 1
  • Bedrooms: 3
  • Total Bathrooms: 3
  • Dining Room Level: Main
  • Family Room Level: Lower
  • Kitchen Level: Main
  • Living Room Level: Main
  • Lower Level Finished Sq Ft: 1248
  • Laundry Location: Laundry Room, 1st Floor
  • Mstr Br Level: Main
  • Number of Fireplaces: 1
  • Number of Lower Level Full Bathrooms: 1
  • Number of Main Level Full Bathrooms: 1

Exterior Features

  • Construction: Frame, Masonry
  • ExteriorFeatures: Barn, Deck, Garden Area, Outbuildings, Patio, Porch, Other

Garage/Parking

  • Parking Spaces: 3 Cars

Utilities

  • Internet: Yes
  • Water Sewer: Private Water, Private Septic, Water Softener (Rented)
  • Heating Cooling: Ceiling Fans, Central, Geothermal

Schools

  • Elementary School: Hoover
  • Middle School: Southeast
  • High School: City
  • High School: City
  • Jr Middle School: Southeast
  • Elementary School: Hoover

Lot Info

  • Acreage: 20
  • Geo Subdivision: IA
  • Lot Dimensions: 650' x 1330'
  • Zoning: residential/agricultural

Green Features

  • Energy Generation: Grid-tied

Tax Info

  • Gross Tax County City: 10374
  • Assessor Parcel Number: 0933276003 0933251003

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Community Crisis Services And $50,000
Closed Norman Heather K $76,478
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/28/2023 08/28/23 Sold $1,200,000 0.0% $408 / Sq Ft
08/04/2023 08/04/23 Pending -- -- --
05/10/2023 05/10/23 For Sale $1,200,000 -- $408 / Sq Ft
Source: Iowa City Area Association of REALTORS®

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 $4,754 $392,500 $0 $0
2023 $4,334 $351,600 $164,600 $187,000
2022 $4,080 $279,700 $144,000 $135,700
2021 $4,158 $279,700 $144,000 $135,700
2020 $4,158 $272,900 $144,000 $128,900
2019 $4,212 $272,900 $144,000 $128,900
2018 $4,132 $272,300 $144,000 $128,300
2017 $4,066 $272,300 $144,000 $128,300
2016 $3,352 $268,600 $144,000 $124,600
2015 $3,352 $229,300 $111,000 $118,300
2014 $3,212 $218,600 $111,000 $107,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Iowa City Area Association of REALTORS®

MLS Number: 202302540

Iowa City Area Association of REALTORS®

APN: 0933251003