$1,275,000

5424 400th St SE Iowa City, IA 52240

$10,000
Closing credit¹
3 beds
2 full, 1 partial
2,806 sqft
25.0 acres
$454 / sqft
House

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

Home typeSingle Family Residence
HeatingForced Air, Natural Gas
StatusActive
CoolingCentral Air
Size2,806 sqft
BasementYes
Lot size25 Acres
Year built1900
ParkingFour or more Spaces
MLS #2408035

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

IDXProvided 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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bird's eye view with a rural view

$1,275,000

5424 400th St SE

$10,000

closing credit¹

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0.5% sale price²

Price information

Property sales

DateEventPrice
Jun 19, 2020
Home Sold
$1,050,000
Jul 27, 2015
Home Sold
$325,000

Tax history

YearAssessmentProperty 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.

All data from GreatSchools

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.

How much money do the neighbors make?

13%
<35k
62%
35k-100k
20%
100k-200k
5%
200k+

What level of education do the neighbors have?

No High School
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

28%
Single, No Kids
9%
Single, with Kids
36%
Married, No Kids
27%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

17%
<11 yrs old
11%
12-17 yrs old
19%
18-34 yrs old
43%
35-64 yrs old
10%
65+ yrs old

What do the neighbors do for fun?

  • HuntingHunting
  • Monster TrucksMonster Trucks
  • NASCARNASCAR

Where do the neighbors shop?

  • Dick's Sporting GoodsDick's Sporting Goods
  • DillardsDillards
  • Wal-MartWal-Mart

Where do the neighbors go to eat?

  • Texas RoadhouseTexas Roadhouse
  • Cracker BarrelCracker Barrel
  • Hardee'sHardee's

What do the neighbors drive?

  • SubaruSubaru
  • CadillacCadillac
  • ChevroletChevrolet

What do the neighbors listen to?

  • New CountryNew Country
  • News/Talk/InformationNews/Talk/Information
  • CountryCountry
All data provided by Home Junction and Claritas

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.

From Rocket Homes Real Estate and based on county public records data.

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