5424 400th St SE Iowa City, IA 52240
Property details
About 5424 400th St SE
Dreaming of the perfect rural escape just minutes from the city? Welcome to 5424 400th St SW—a stunning farm property that offers the best of both worlds. Spanning approximately 25 acres, this unique retreat is located just 10 minutes from Iowa City, providing the ideal blend of privacy and accessibility. The main house has been beautifully updated with a new roof and siding. Inside, enjoy modern comforts and style throughout the spaces. The accessory dwelling unit features an exquisite kitchen, perfect for guests or additional family members. Equestrians will appreciate the riding stable and newly fenced pasture, perfect for horses or other farm animals. Complementing these facilities are a heated machine shop with a cement floor and two additional outbuildings, offering ample storage and workspace for your farming needs. Approximately 12 acres of hay field presents opportunities for farming activities.
Highlights
Virtual tour
Summary
- MLS Number: 2408035
- MLS Name: CDR
- Office Name: LEPIC-KROEGER, REALTORS
- Office Phone: (319) 351-8811
- Office Email: erik@lkriowa.com
- Listing Agent: Monica Hayes
Provided Courtesy Of Cedar Rapids Area Association of REALTORS®. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information Is Believed To Be Accurate But Not Guaranteed.
Copyright 2025 Cedar Rapids Area Association of REALTORS®. All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/15/2025, 9:20:48 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$1,275,000
5424 400th St SE
$10,000
closing credit¹
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0.5% sale price²
Price information
Property sales
Date | Event | Price |
---|---|---|
Jun 19, 2020 | Home Sold | $1,050,000 |
Jul 27, 2015 | Home Sold | $325,000 |
Tax history
Year | Assessment | Property Tax |
---|---|---|
2024 | $786,600 | $9,956 |
2023 | $786,600 | $9,018 |
2022 | $609,400 | $8,778 |
2021 | $609,400 | $7,526 |
2020 | $496,000 | $3,512 |
2018 | $236,700 | $3,180 |
2017 | $236,700 | $3,262 |
History based on county public records data.
Nearby schools
6
Herbert Hoover Elementary School
Public District PK-6
3.3 mi
•1355 Barrington Rd
2
Hoover Elementary School
Public District PK-4
3.5 mi
•148 N Oliphant St
6
Helen Lemme Elementary School
Public District KG-6
4.6 mi
•3100 E Washington St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $63,985. The most common annual income of people living in Iowa City, IA is between $35k-100k. Residents typically live in married, no kids family. Most residents in this area have post secondary degree education.
Frequently asked questions
Living in Iowa City, IA
About 5424 400th St SE
This home is located at 5424 400th St SE in Iowa City, IA and zip code 52240. This 2,806 square foot home, which was built in 1900, sits on a 25.00 acre lot. Features: 3 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since November 21, 2024 and is currently priced at $1,275,000.
While more than 3 listings in Iowa City, IA in February 2025 were sold above asking price, there were more than 5 listings sold at asking price, and more than 10 were sold below. The number of homes for sale in Iowa City, IA increased by 2.2% between January and February 2025. In February 2025 median list price was $308,300 and the average listing age was 69 days.