See other homes in:
Primary listing photo
Listing photo 2
Listing photo 3
Listing photo 4
Listing photo 5

1487 Ocean Ave, Tipton, IA, 52772

--beds
--baths
0sqft
$1,340,000
--price/sqft
$9,084/moest. monthly cost
$363,360/yrincome needed

About This Home

80.00 acres, m/l, located 3 miles southeast of Tipton, Iowa on the north side of 250th St. at Ocean Ave. This gently rolling farm has 76.57 FSA/Eff. crop acres with a CSR2 of 90.00. This is a highly productive Cedar County farm. Seller has an additional tract of land located east of this property. See additional listing for details.

Getting Around

0
WalkingCar-Dependent
0
TransitVery Limited Transit
22
BikeSomewhat Bikeable

Schools

7/10
Tipton Elementary SchoolGrades PK-44.0 mi
6/10
Tipton Middle SchoolGrades 5-84.0 mi
4/10
Tipton High SchoolGrades 9-123.5 mi

Construction

Type & Style

  • Home type: SingleFamily
  • Architectural style: Other
  • Property subType: Farm

Property

Details

  • Parcel number: 4011163000040
  • Zoning: Agriculture

Features

  • Topography of land: Rolling

Lot

  • Lot size: 80 Acres

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Strong Wind
    Strong WindVery High
  • Tornado
    TornadoVery High
  • Drought
    DroughtRelatively High
  • Hail
    HailRelatively High
  • Inland Flooding
    Inland FloodingRelatively High
  • Ice Storm
    Ice StormRelatively High
  • Lightning
    LightningRelatively High
  • Winter Weather
    Winter WeatherRelatively High
  • Cold Wave
    Cold WaveModerate
  • Heat Wave
    Heat WaveModerate

How This Home’s Risks Compare

Strong Wind
Tornado
Drought
Hail
Inland Flooding
Ice Storm
Lightning
Winter Weather
Cold Wave
Heat Wave

FEMA Declared Disasters Across Iowa Counties

Flood
Severe Storm
Tornado

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $6,775$81,300
Home Insurance *$982$11,784
Property Taxes $1,206$14,472
Electricity $121$1,452
Total$9,084$109,008
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$311,451/yr
40% on housing$272,520/yr
45% on housing$242,240/yr

Iowa FAIR Plan Programs

Iowa FAIR Plan Association

Covered
WildfireWildfire
Visit Website →
Current Policies
Residential: 1,021Commercial: 22
Total Premiums$1.14M
Total Exposure$85.68M

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 13.5%
13.5%
0%30.0%
Electricity Growth Rate10-year average: 1.9%
1.9%
0%15.0%
Property Taxes Growth Rate2-year average: 2.4%
2.4%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

--This listing

vs Other Active Listings

Avg $/sqft

ZIP 52772$138
Cedar County$186

vs Homes Sold Last Month

Median $/sqft

ZIP 52772
Cedar County$129

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-08-12Price change$1,276,000
2026-07-14Price change$1,340,000
2026-06-25Listed for sale$1,380,000

For Sale by Agent

AgentDoug Hensley
BrokerageHertz Real Estate Services

Similar Homes