$222,000
SOLD JUN 9, 2025

505 W 6th St Tipton, IA 52772

3 Beds
2.5 Baths
1,848 Sq Ft
6,970 Sq Ft Lot

Recently Sold

$120 Per Sq Ft

54 Days on Market

Highlights

  • Recreation Room
  • Living Room
  • Forced Air Heating and Cooling System
  • Patio
  • Shed
  • Combination Kitchen and Dining Room

About This Home

As of June 2025

There’s so much to love about this well-maintained split-level home! The recently updated kitchen seamlessly connects to a spacious dining room, which flows effortlessly into the cozy family room—perfect for everyday living and entertaining. Upstairs, you'll find 3 generously sized bedrooms and 2 full baths, including a private primary suite. The lower level features a rec room with a gas fireplace, a convenient half bath, laundry area, and an office space, offering flexibility for work or play. The one-car attached garage, along with a large driveway, provides plenty of parking for family and guests. Situated in a prime location close to the elementary school and offering easy access to all of Tipton's amenities, this home is perfect for those seeking both comfort and convenience. Don't miss out—call to schedule your showing today!

Last Agent to Sell the Property

Steven Hankemeier

RE/MAX Concepts Listed on: 02/18/2025

RE/MAX Concepts

Last Buyer's Agent

Diana Salazar

Skogman Realty Co.

Skogman Realty Co.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,790

Year Built

  • Built in 1978

Lot Details

  • 6,970 Sq Ft Lot
  • Lot Dimensions are 71 x 100

Parking

  • 1 Parking Space

Home Design

  • Split Level Home
  • Slab Foundation
  • Frame Construction

Interior Spaces

  • 1,848 Sq Ft Home
  • Gas Fireplace
  • Family Room Downstairs
  • Living Room
  • Combination Kitchen and Dining Room
  • Recreation Room
  • Crawl Space

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom Upstairs

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Patio
  • Shed

Schools

  • Tipton Elementary And Middle School
  • Tipton High School

Utilities

  • Forced Air Heating and Cooling System
  • Water Heater
  • Internet Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 048010012310030

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,790

Year Built

Built in 1978

Lot Details

0

Listing Details

  • Property Type: SINGLE FAMILY/ACREAGE
  • Total Sq Ft: 1848
  • Homebuilder: .
  • Owner Name L F Mi: Gerken
  • Ownership Type: Single Family
  • Photo Code: Broker Loaded
  • Remarks: Back on the market due to buyer financing issues. There is still an accepted offer with an hour clause attached. Call listing agent with any questions.
  • Year Built: 1978
  • Tax Year Report: 2023
  • Subdivision: .
  • Directions: .
  • L O1 Dues Paid: y
  • S O1 Dues Paid: y
  • Amenities: None
  • Basement Remarks: Crawl, Slab
  • Fireplace Type Location: Gas
  • Interior R: Cable Available
  • Kitchen Breakfast R: Kit/Dining Rm Comb
  • Lot Description R: Less than .5 Acre
  • Possession R: Negotiable
  • Possible Finance R: Cash, Conventional
  • Stories Style R: Split Level
  • Remarks2: There’s so much to love about this well-maintained split-level home! The recently updated kitchen seamlessly connects to a spacious dining room, which flows effortlessly into the cozy family room—perfect for everyday living and entertaining. Upstairs, you'll find 3 generously sized bedrooms and 2 full baths, including a private primary suite. The lower level features a rec room with a gas fireplace, a convenient half bath, laundry area, and an office space, offering flexibility for work or play. The one-car attached garage, along with a large driveway, provides plenty of parking for family and guests. Situated in a prime location close to the elementary school and offering easy access to all of Tipton's amenities, this home is perfect for those seeking both comfort and convenience. Don't miss out—call to schedule your showing today!
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Microwave, Range/Oven, Refrigerator, Dryer, Washer
  • Number Bedrooms Upper: 3
  • Sq Ft Above: 1848
  • Total Full Baths: 2
  • Total Half Baths: 1
  • Number of Main Level Half Bathrooms: 1
  • Bedrooms: 3
  • Total Bathrooms: 3
  • Dining Room Level: Main
  • Kitchen Level: Main
  • Living Room Level: Main
  • Mstr Br Level: Upper
  • Number of Fireplaces: 1

Exterior Features

  • Construction: Frame
  • ExteriorFeatures: Patio, Shed

Garage/Parking

  • Parking Spaces: 1 Car

Utilities

  • Internet: Yes
  • Water Sewer: City Sewer, City Water, Water Heater
  • Heating Cooling: Central, Forced Air

Schools

  • Elementary School: Tipton
  • Middle School: Tipton
  • High School: Tipton
  • High School: Tipton
  • Jr Middle School: Tipton
  • Elementary School: Tipton

Lot Info

  • Acreage: 0.16
  • Geo Subdivision: IA
  • Lot Dimensions: 71 X 100
  • Zoning: Res

Tax Info

  • Gross Tax County City: 2790
  • Assessor Parcel Number: 048010012310030

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 18, 2025
Closed on
Jun 5, 2025
Sold by
Gerken Michael P and Gerken Alexandria J
Bought by
Pauley Alexander
Seller's Agent
Steven Hankemeier
RE/MAX CONCEPTS
Buyer's Agent
Donald Fieldhouse
Cedar Rapids Area Association of REALTORS
List Price
$215,000
Sold Price
$222,000
Premium/Discount to List
$7,000
3.26%
Views
72

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-13.89%
Original Mortgage
$226,773
Outstanding Balance
$226,773
Interest Rate
4%
Mortgage Type
VA
Estimated Equity
-$9,047

Purchase Details

Closed on
Jun 4, 2021
Sold by
Freddy Toro
Bought by
Gerken Michael P and Gerken Alexandria J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$132,828
Interest Rate
2.9%
Mortgage Type
New Conventional
Source: Public Records

Similar Homes in Tipton, IA

  • 109 Elizabeth Dr, Tipton, IA 52772

    $279,900

    • 3 Beds
    • 2.5 Baths
    • 2,380 Sq Ft
    • 109 Elizabeth Dr
    • Tipton, IA

    Discover this charming ranch-style home, offering 2,380 sq ft of comfortable living space, located on a peaceful, non-through street. Perfect for those seeking practicality and room to grow, this 3-bedroom, 2.5-bath home features a spacious eat-in kitchen with ample cabinetry, vaulted ceilings, and plenty of natural light from skylights—creating a warm and inviting atmosphere. Built to last, the

    Diana Salazar Skogman Realty Co.

    Section Image
  • 602 Orange St, Tipton, IA 52772

    $260,000

    • 3 Beds
    • 3 Baths
    • 2,270 Sq Ft
    • 602 Orange St
    • Tipton, IA

    This spacious zero-entry house has something for everyone. The house has a large living room and a main floor family room/sun room. The dining room is large enough for a family table. The main floor has 2 spacious bedrooms and 2 bathrooms. The primary bedroom has a walk-in closet and private bath. In the Lower level there is a third non-conforming bedroom, family room, full bath and LOTS of

    Teresa Horton Cornerstone Real Estate Consultants

    Section Image
  • 610 W 4th St, Tipton, IA 52772

    $179,000

    • 3 Beds
    • 1 Bath
    • 1,222 Sq Ft
    • 610 W 4th St
    • Tipton, IA

    Nice? Check. Updated? Check. Worry-free? Triple check! This fully remodeled gem is turning heads and making neighbors jealous — seriously, just ask them. Start downstairs with a basement that’s been completely redone from the studs out: skim-coated walls, structurally realigned, and rock-solid — a rare find in a 1904 home. Head upstairs and you'll be greeted by a fully reimagined main level

    Travis Hiatt NextHome Beyond

    Section Image
  • 509 W 9th St, Tipton, IA 52772

    $172,500

    • 3 Beds
    • 2 Baths
    • 1,080 Sq Ft
    • 509 W 9th St
    • Tipton, IA

    The price is right on this 3 bedroom 2 bathroom home with partially finished lower level, large yard, screened porch and 2 more non conforming bedrooms in the basement. All Appliances and items in the basement to stay with the home.

    Daniel Oien FIRST CHOICE REAL ESTATE

    Section Image
  • 101 Alliance Dr, Tipton, IA 52772

    $270,000

    • 3 Beds
    • 2.5 Baths
    • 1,634 Sq Ft
    • 101 Alliance Dr
    • Tipton, IA

    10 Year property tax abatement- NO property taxes for 10 years!! Affordable, luxury living at its finest in this brand new 3-bedroom, 2.5-bathroom condo. Boasting contemporary design and meticulous craftsmanship. The kitchen features stainless steel appliances, quartz countertops, and a generous island perfect for entertaining. Adjacent, the dining area flows seamlessly into the living room and a

    Steven Hankemeier RE/MAX Concepts

    Section Image
  • 506 W 9th St, Tipton, IA 52772

    $169,900

    • 3 Beds
    • 1 Bath
    • 1,543 Sq Ft
    • 506 W 9th St
    • Tipton, IA

    Looking for a place with character, space, and peaceful views? This cozy 3-bedroom, 1-bathroom home in Tipton might just be the one! You’ll love the original wood features that bring so much warmth and charm, plus the appliances are all new within the last two years, so it’s ready for you to move right in. The home sits on a huge .661-acre lot, giving you plenty of room to stretch out, garden, or

    Alexis Kemp RE/MAX CONCEPTS

    Section Image
  • 103 Alliance Dr, Tipton, IA 52772

    $270,000

    • 3 Beds
    • 2.5 Baths
    • 1,634 Sq Ft
    • 103 Alliance Dr
    • Tipton, IA

    10 Year property tax abatement- NO property taxes for 10 years!! Affordable, luxury living at its finest in this brand new 3-bedroom, 2.5-bathroom condo. Boasting contemporary design and meticulous craftsmanship. The kitchen features stainless steel appliances, quartz countertops, and a generous island perfect for entertaining. Adjacent, the dining area flows seamlessly into the living room and a

    Steven Hankemeier RE/MAX Concepts

    Section Image
  • 702 W 1st St, Tipton, IA 52772

    $209,000

    • 2 Beds
    • 2 Baths
    • 1,170 Sq Ft
    • 702 W 1st St
    • Tipton, IA

    Welcome this this amazing property nestled on a generous 0.36 acre lot on the west side of town near the golf course! This single level ranch home has been beautifully updated and has a comfortable living space with 2 bedrooms and 2 full baths. This home was built in 1900 and retains its historic character while offering fully modernized amenities. Primary suite includes a spacious bedroom and

    Whitney Russell Urban Acres Real Estate Corridor

    Section Image
  • 908 Lynn St, Tipton, IA 52772

    $189,900

    • 3 Beds
    • 1.5 Baths
    • 1,434 Sq Ft
    • 908 Lynn St
    • Tipton, IA

    Perfect 2 story home sitting proudly on a corner lot, huge lawn within walking distance to everything. Carefully maintained features charm with all the latest conveniences. 3 bedroom 1.5 bath home with hardwood floors, tile, 2 level expansive deck, your garden has already been planted for you! Oversized 2 car garage with work area & shed.

    Wendy Fountain Sellers & Seekers Real Estate

    Section Image

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $222,000 None Listed On Document
Warranty Deed $222,000 None Listed On Document
Warranty Deed $131,500 None Listed On Document
Warranty Deed $131,500 None Listed On Document
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $226,773 VA
Closed $226,773 VA
Previous Owner $132,828 New Conventional
Previous Owner $118,000 Credit Line Revolving
Previous Owner $92,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/09/2025 06/09/25 Sold $222,000 +3.3% $120 / Sq Ft
06/05/2025 06/05/25 Pending -- -- --
05/20/2025 05/20/25 For Sale $215,000 0.0% $116 / Sq Ft
04/13/2025 04/13/25 Pending -- -- --
02/18/2025 02/18/25 For Sale $215,000 -- $116 / 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 $2,790 $166,570 $17,180 $149,390
2023 $2,790 $161,950 $17,180 $144,770
2022 $2,568 $130,590 $14,060 $116,530
2021 $2,390 $130,590 $14,060 $116,530
2020 $2,250 $124,120 $14,060 $110,060
2019 $2,526 $136,410 $0 $0
2018 $2,452 $136,410 $0 $0
2017 $2,324 $123,770 $0 $0
2016 $2,280 $123,770 $0 $0
2015 $2,324 $122,600 $0 $0
2014 $2,286 $122,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Iowa City Area Association of REALTORS®

MLS Number: 202501137

Iowa City Area Association of REALTORS®

APN: 0480-10-01-231-003-0