$27,000
SOLD JUN 9, 2025

602 W 8th St Tipton, IA 52772

0.16 Acre
$168,750 Price per Acre
6,970 Sq Ft Lot

Recently Sold

3% Below List Price

88 Days on Market

About This Lot

As of June 2025

Please send all questions & offers to Skyler Landuyt, 319-541-0959, skyler@edge-realtygroup.com.

Last Agent to Sell the Property

Timothy Lehman

Edge Realty Group Listed on: 03/07/2025

Edge Realty Group

Co-Listed By

Stacy Schroeder

Edge Realty Group

Last Buyer's Agent

Timothy Lehman

Edge Realty Group Listed on: 03/07/2025

Edge Realty Group

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $200

Lot Details

  • 6,970 Sq Ft Lot
  • Lot Dimensions are 50x142
  • Property fronts a county road
  • Level Lot

Schools

  • Tipton Elementary And Middle School
  • Tipton High School

Utilities

  • Internet Available

Community Details

  • Moore & Culs Add Lot 1 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 048006364780090

Property Details

Property Type

Land

Est. Annual Taxes

$200

Lot Details

0

Listing Details

  • Property Type: LOTS/LAND
  • Type: Residential
  • Photo Code: Complete
  • Photo Code1: Broker Loaded
  • Remarks: Hard to beat the location of this in-town corner lot!! Walkable to restaurants, schools, grocery store & more! PLUS the City of Tipton is offering 7 year tax abatement incentives for new construction dwellings!! With dimensions of 50x142, there is plenty of space to build your new dream home, investment property or just own a slice of Tipton! Please go to http://www.tiptoniowa.org/city-of-tipton/default.aspx for more information on the tax abatement. The ash tree on the property has been removed by the city! This lot is ready to be built on! See listing agent for potential home plan options.
  • Tax Year Report: 2022
  • Potential Use: Residential
  • Subdivision: MOORE & CULS ADD LOT 1
  • Directions: N on 38/S Cedar St, West on 8th St, lot is on the corner of 8th St & Orange St.
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Road Frontage: County/City Road

Utilities

  • Internet: Yes
  • Utilities Available: Sewer, Water-City

Condo/Co-op/Association

  • Amenities: Street Lights

Schools

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

Lot Info

  • Acreage: 0.16
  • Geo Subdivision: IA
  • Lot Dimensions: 50x142
  • Zoning: res
  • Estimated Lot Sq Ft: Less Than .5 Acre
  • Improvements: Curb & Gutter
  • Lot: 1
  • Present Use: Platted
  • Topology: Level

Tax Info

  • Gross Tax County City: 192.29
  • Assessor Parcel Number: 048006364780090

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 2, 2022
Closed on
Apr 7, 2022
Sold by
Wethington Harry
Bought by
Mader Delanie N
Seller's Agent
Steven Hankemeier
RE/MAX CONCEPTS
Buyer's Agent
Maddie Chapman
RE/MAX CONCEPTS
List Price
$25,000
Sold Price
$20,000
Premium/Discount to List
-$5,000
-20%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
46.31%
Original Mortgage
$16,000
Outstanding Balance
$6,775
Interest Rate
3.89%
Mortgage Type
Balloon
Estimated Equity
$60,818
Source: Public Records

Range of Values:

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Average Value
Not Available
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 Type Sale Price Title Company
Warranty Deed $20,000 None Listed On Document
Warranty Deed $20,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $16,000 Balloon
Closed $16,000 Balloon
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/09/2025 06/09/25 Sold $27,000 -3.2% --
06/03/2025 06/03/25 Pending -- -- --
03/07/2025 03/07/25 For Sale $27,899 +39.5% --
04/08/2022 04/08/22 Sold $20,000 -20.0% --
02/02/2022 02/02/22 For Sale $25,000 -- --
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 $200 $11,390 $11,000 $390
2023 $200 $11,580 $11,000 $580
2022 $186 $9,450 $9,000 $450
2021 $182 $9,450 $9,000 $450
2020 $172 $9,430 $9,000 $430
2019 $324 $17,490 $0 $0
2018 $1,050 $58,400 $0 $0
2017 $1,050 $52,500 $0 $0
2016 $966 $52,500 $0 $0
2015 $988 $52,070 $0 $0
2014 $988 $52,070 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Timothy Lehman

    Seller's Agent in 2025

    Timothy Lehman

    Edge Realty Group

    (319) 331-7900

    310 Total Sales

    Timothy Lehman
    Section Image
  • Stacy Schroeder

    Seller Co-Listing Agent in 2025

    Stacy Schroeder

    Edge Realty Group

    (319) 321-7909

    328 Total Sales

    Stacy Schroeder
    Section Image
  • Steven Hankemeier

    Seller's Agent in 2022

    Steven Hankemeier

    RE/MAX

    (563) 212-3008

    177 Total Sales

    Steven Hankemeier
    Section Image

  • M

    Buyer's Agent in 2022

    Maddie Chapman

    RE/MAX

    (319) 560-8250

    47 Total Sales

    Maddie Chapman
    Section Image
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Map

Source: Iowa City Area Association of REALTORS®

MLS Number: 202501529

Iowa City Area Association of REALTORS®

APN: 0480-06-36-478-009-0

Iowa Cedar County Tipton 52772

602 W 8th St, Tipton, IA

This home is located at 602 W 8th St, Tipton, IA 52772 and is currently priced at $27,000. 602 W 8th St is a home located in Cedar County with nearby schools including Tipton Elementary School, Tipton Middle School, and Tipton High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Iowa City Area Association of REALTORS® IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Listing information is deemed reliable, but not guaranteed accurate by the MLS.

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