It means computer and IAC are working.
When you unplug the IAC the computer would see some change in idle, it would go down, it might be slight but computer is using the Crank position sensor, so more accurate than your senses, lol.
It would then try to open the IAC valve a bit to get idle back up, but IAC is not connected.
So when you plug IAC back in it would get that voltage signal from the computer and open up, so idle would go up.
Yes, I would look for a vacuum leak, and check the throttle plate to make sure it isn't sticking a little so not closing all the way.
The IAC is not a sensor it is an electric valve, computer opens and closes it each time you start the engine, just to test it.
When engine is started hot or cold idle should go up to 1,500+ RPMs then come back down to cold idle, 1,000 rpms, or warm idle, 750 rpms, that's the computer testing the IAC Valve.