Meade Real Estate   
Iowa farm real estate sales & auctions    

        Dick Meade

Phone: 319-626-2250     E-mail:   


  Real Estate

  - Land
  - Residential
  - Auctions





Penningroth Acreage

Property:  3.81 acres with congenial ranch home, unique wood trim, large Stone City fireplace, 2 bedrooms, 2 bathrooms, family room, loft study, vaulted ceilings, island kitchen, stainless appliances, partially finished full basement, in house garage, large wood deck, mature deciduous and evergreen trees, landscaped yard, barn, large storage building, forest reserve, riding trails, quiet location.
Streets Land: An additional 20 acres m/l can be added to the Penningroth property to the west of the acreage. It would include some open cropland, timber, and a creek.
Address:  540 Franklin Road, Tipton, Iowa 52772
Location:  East central Iowa, Cedar County 16 miles northeast of Iowa City, 25 miles southeast of Cedar Rapids, 40 miles northwest of Davenport.
Directions:  From Iowa City: north of I-80 exit 246 on Hwy 1 3.6 miles; east of F-28 12 miles to X-40, south 1 mile to 220th St., west 1/4 mile to Franklin Rd., right/north on Franklin to property. From Tipton: west 5.5 miles to X-40, south to 220th, west to Franklin.
Price:  reduced to $217,000.00 cash or  conventional
House:  Ranch house, 2664 square feet, full basement built in 1981
Buildings:  Flat barn with work shop, livestock loafing area and barn lot. Large 44 x 80 pole frame metal sided storage building.
School District:  Tipton Community
Taxes:  2008      $2704.00
Possession:  at closing
Owner:  Penningroth
Agent: Dick Meade at Meade Real Estate
Phone 319-626-2250       Mobile 319-430-8903

Note: The information in this brochure is deemed to be reliable but not warranted by seller or agent.

Click on photo to enlarge

Photos Aerial Photo