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
- Partial Bathrooms: 1
- Full Bathrooms: 2
- Appliances: Dryer, Dishwasher, Microwave, Range, Refrigerator, Washer
- Basement: Yes
- Interior: Kitchen/Dining Combo, Main Level Primary
- Total Bedroom Count: 3
- Parking: Four or more Spaces
- Exterior: Fence
- Architectural Style: Ranch
- Heating: Forced Air, Natural Gas
- Cooling: Central Air
- List Price: $1,189,000
- Price/SqFt: $423
- Annual Tax Amount: $9,956
- Tax Year: 2024
- Year Built: 1900
- Living Area: 2,806 SqFt
- Lot Size: 25 Acres
- 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: 6/3/2025, 5:45:28 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$1,189,000
5424 400th St SE
$10,000
closing credit¹
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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. Typical income of Iowa City, IA residents is between $35k-100k annually. Typical family type is married, no kids. Typical level of education for residents in this area is post secondary degree.
How much money do the neighbors make?
What level of education do the neighbors have?
What types of families live nearby?
Are the neighbors home owners or renters?
How old are people in this area?
What do the neighbors do for fun?
Hunting
Monster Trucks
NASCAR
Where do the neighbors shop?
Dick's Sporting Goods
Dillards
Wal-Mart
Where do the neighbors go to eat?
Texas Roadhouse
Cracker Barrel
Hardee's
What do the neighbors drive?
Subaru
Cadillac
Chevrolet
What do the neighbors listen to?
New Country
News/Talk/Information
Country
Frequently asked questions
Living in Iowa City, IA
Transportation in Iowa City is facilitated by a network of roads and highways that connect the city to surrounding areas, as well as a public transit system that serves the community with regular bus routes. The city is also bike-friendly, with designated lanes and trails that encourage cycling as a mode of transport. For those who prefer ride-sharing, services are available throughout the city, complementing the public transportation options. Efforts have been made to enhance the efficiency and accessibility of the transport infrastructure to accommodate the city's growth and ensure ease of movement for residents and visitors.
The community is served by a comprehensive array of services that cater to the needs of its residents. Educational opportunities are abundant, with a number of public and private schools, including those affiliated with religious organizations, as well as higher education institutions like the University of Iowa. Healthcare is readily accessible, with several hospitals and clinics offering a range of medical services from primary care to specialized treatments. Public libraries are well-distributed, providing educational and cultural resources to the community. Retail and dining options are plentiful, with an emphasis on local businesses that showcase the city's unique flavor.
Iowa City is celebrated for its vibrant cultural scene and strong sense of community. As a UNESCO City of Literature, it prides itself on a rich literary heritage and hosts several events throughout the year that attract writers and readers alike, such as the Iowa City Book Festival. The downtown area is a hub of activity with local shops, art galleries, and eateries that reflect the city's creative and diverse character. The presence of the University of Iowa adds a youthful energy to the city and contributes to its dynamic atmosphere.
Iowa City's housing market is diverse, offering a mix of residential options that cater to a range of preferences and needs. Single-family homes are prevalent, making up a significant portion of the housing stock, with architectural styles ranging from classic bungalows to contemporary designs. Multi-family dwellings such as apartments and condominiums are also available, particularly in areas closer to the city center and university campus, providing options for those seeking a more urban living experience. The homeownership rate in Iowa City is robust, with a healthy balance between owners and renters within the community.
About 5424 400th St SE
The listing price of 5424 400th St SE property is $1,189,000.
The property 5424 400th St SE is a house located in Iowa City, Iowa, 52240.
Active Listing: 5424 400th St SE is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 5424 400th St SE are: Herbert Hoover Elementary School (GreatSchools Rating 6/10), Hoover Elementary School (GreatSchools Rating 2/10), Helen Lemme Elementary School (GreatSchools Rating 6/10), West Branch Middle School (GreatSchools Rating 7/10), South East Junior High School (GreatSchools Rating 3/10), West Liberty Middle School (GreatSchools Rating 5/10), West Branch High School (GreatSchools Rating 6/10), Elizabeth Tate Alternative High School (GreatSchools Rating 2/10), City High School (GreatSchools Rating 7/10).
According to the records, the last property tax for 2024 is $9,956 (source: MLS/based on county public records data).
The last sale was on June 19, 2020 for $1,050,000 (source: MLS/tax record).
The property at 5424 400th St SE has 3 bedrooms and 2 full and 1 half bathrooms.
The property 5424 400th St SE is 2,806 SqFt (source: MLS/tax record).
The year of construction for 5424 400th St SE is 1900.
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 $1,189,000.
In May 2025 more than 6 listings in Iowa City, IA were sold above the asking price. During the same period more than 7 listings were sold at asking price, while more than 13 were sold below. The inventory of homes for sale in Iowa City, IA between April and May 2025 decreased by 6.6%. In May 2025, listings were on the market for 32 days. During the same period, the median list price in this real estate market was $324,900.