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STANDARD CATEGORY 450 STEARMAN

Name: STANDARD CATEGORY 450 STEARMAN
Brand: Biplane
Price: 160000 USD
Availability: InStock

2026 Biplane

Iowa City, IA Listed today

About this aircraft

$160,000 · ACCEPTING OFFERS · Standard category 450 Stearman. <100hr on R-985 (Tulsa), Serv Aero mount, 107” Hamilton Standard 2D30 prop, Red Line brakes, BT13 wheels, Haliburton struts, fiberglass wheel faring, turtle deck, control-lock, banner tow. E-80 starter, 24V system, Jasco alternator, RG 24-11M battery and VDC battery minder. Westberg EGT/CHT, King KY 196 Com, KT76 transponder, Whelen strobes. Extensive 2026 annual: prop overhaul, new oil lines, brake parts, tailwheel, ELT and toggle mag switches. History dating to 1945 available on request. 319-330-9124. $160,000 or best offer.

Specifications

Year: 2026

How this stacks up

1 to ask about

Listed today
Fresh to market — early in the listing cycle
1/5 key specs
Key information is missing — ask the seller about hours, engine time, and registration

This summary draws on signals shown in detail below — price comps, listing age, maintenance and engine status, and key specs. Read each section for full context. Not an appraisal.

Cost to own

Rule-of-thumb estimates — insurance ≈ 1% of price, hangar $7,500/yr, annual inspection $2,500/yr, fuel + oil at your selected hrs/yr. Your actual costs will vary.

As a sole owner

$1,967/mo$23,600/yr

≈ $236 per flight hour at 100 hrs/yr — flying fewer hours raises this (fixed costs spread over fewer hours)

$160,000 to buy (the asking price)

At 100 hrs/yr, renting at $150/hr would be $8,600 cheaper annually — fly more to see ownership savings.

Ownership	Buy-in	Monthly	Annual
Full ownership (sole)	$160,000	$1,967/mo	$23,600/yr
1/2 share	$80,000	$1,483/mo	$17,800/yr
1/3 share	$53,333	$1,322/mo	$15,867/yr
1/4 share	$40,000	$1,242/mo	$14,900/yr

Buy-in is the asking price split evenly across partners — what you'd each pay to acquire the aircraft (the real figure is negotiated). Fixed costs (insurance, hangar, inspection) split equally by number of partners; fuel/oil is per-pilot since each partner flies their own hours.

Run your own numbers Find a co-owner on ClubHanger

Price

$160,000

Listing trust

1/4

Complete detailsYear, registration, make/model, and a full description.
Maintenance disclosedAirframe (TTAF) and engine (SMOH) times are listed.
Transparent priceA real asking price, not "contact for price".
Posted by a memberListed by a signed-up ClubHanger member, not a scraped aggregator.

What do these mean? →