NOT LISTED FOR SALE

103 Madelyn Ln Madrid, IA 50156

Estimated Value: $344,000 - $402,000

3 Beds
2.5 Baths
1,699 Sq Ft
$216/Sq Ft Est. Value

Last Sold June 07, 2021

Last sale price $285,000 $168 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $2,439/month

48 Days on Market

Highlights

  • Deck
  • 2 Car Attached Garage
  • 1-Story Property
  • Porch
  • Home Security System
  • Forced Air Heating and Cooling System

About This Home

As of June 2021

Eye-catching ranch in the highly sought after Maple Ridge neighborhood! Almost 1700 sqft on the main level with an open living area, vaulted ceiling and tons of natural light opening into the kitchen with island and large pantry. Large master suite with vaulted ceilings, jetted tub, and his & hers vanities AND closets. Additional 2 bedrooms and full bath, half bath and laundry room round out the main level. Lower level is unfinished with daylight windows that is just waiting to be finished (stubbed for bath)! Fully fenced in back yard. Low maintenance worry with updated furnace and AC in 2018 (10 year manufacturer warranty), water heater in 2014, roof in 2020, partial siding in 2021. This home is ready for its new family!

Last Agent to Sell the Property

Kim Olmstead

Agency Iowa License #S66194 Listed on: 03/22/2021

Last Buyer's Agent

Jeremy Lindley

RE/MAX REAL ESTATE CENTER License #S639300

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,884

Year Built

  • Built in 2005

Lot Details

  • 10,422 Sq Ft Lot
  • Fenced
  • Property is zoned City/Res

Parking

  • 2 Car Attached Garage

Home Design

  • Poured Concrete
  • Active Radon Mitigation
  • Vinyl Construction Material
  • Stone

Interior Spaces

  • 1,699 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Home Security System

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Unfinished Basement

  • Sump Pump
  • Natural lighting in basement

Outdoor Features

  • Deck
  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Assessor Parcel Number 088226254186076

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,884

Year Built

Built in 2005

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.24
  • Road Frontage Type: Maintained
  • Road Surface Type: Hard Surface
  • Directions: Hwy 17 to Maple Ridge. West to Madelyn Ln. North to property.
  • Above Grade Finished Sq Ft: 1699.0
  • Architectural Style: 1 Story
  • Garage Yn: Yes
  • Year Built: 2005
  • Foundation:Poured: Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Cooling:Central Air: Yes
  • Floor:Carpet: Yes
  • Features:Main Floor Laundry2: Yes
  • Features:Sump Pump2: Yes
  • Appliances Dryer: Yes
  • Washers: Yes
  • Floor:Vinyl2: Yes
  • Features:Deck-Wood: Yes
  • Exterior:Stone: Yes
  • Exterior:Vinyl: Yes
  • Features:Ceiling Fan(s): Yes
  • Exterior Features Fence: Yes
  • Features:Security System2: Yes
  • Features:Radon Mitigation System - Active: Yes
  • Special Features: None

Interior Features

  • Spa Features: Bath
  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Washer
  • Has Basement: Daylight, Unfinished, Sump Pump
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 27.0
  • Flooring: Vinyl, Carpet
  • Interior Amenities: Ceiling Fan(s)
  • Appliances Dishwasher: Yes
  • Appliances Range: Yes
  • Basement:Unfinished2: Yes
  • Basement:Daylight: Yes
  • Features:Main Floor Bedroom: Yes

Exterior Features

  • Fencing: Fenced
  • Construction Type: Vinyl, Stone
  • Foundation Details: Poured
  • Patio And Porch Features: Deck-Wood, Porch - Open
  • Features:Porch - Open: Yes

Garage/Parking

  • General Information:Garage Type2: Attached
  • General Information:Garage Capacity: 2 Car

Utilities

  • Laundry Features: Main Level
  • Security: Security System
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Forced Air, Natural Gas
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public
  • Heating:Natural Gas: Yes
  • Heating:Forced Air: Yes

Schools

  • Junior High Dist: Madrid

Lot Info

  • Lot Size Sq Ft: 10422.0
  • Parcel #: 088226254186076
  • Zoning: City/Res
  • ResoLotSizeUnits: SquareFeet

Green Features

  • Green Indoor Air Qlty: Radon Mitigation System - Active

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 22, 2021
Closed on
May 29, 2021
Sold by
Christofferson Cory J
Bought by
Brandhorst Mikel and Brandhorst Paula
Seller's Agent
Kim Olmstead
Agency Iowa
Buyer's Agent
Jeremy Lindley
RE/MAX REAL ESTATE CENTER
List Price
$300,000
Sold Price
$285,000
Premium/Discount to List
-$15,000
-5%
Current Estimated Value
$367,533

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$82,533
Avg. Annual Appreciation
6.05%
Original Mortgage
$145,000
Outstanding Balance
$130,993
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$236,540

Purchase Details

Closed on
Nov 5, 2015
Sold by
Christofferson Toni M
Bought by
Christofferson Cory J
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Brandhorst Mikel $285,000 None Listed On Document
Christofferson Cory J -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Brandhorst Mikel $145,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/07/2021 06/07/21 Sold $285,000 -5.0% $168 / Sq Ft
03/25/2021 03/25/21 Pending -- -- --
02/04/2021 02/04/21 For Sale $300,000 -- $177 / Sq Ft
Source: Central Iowa Board of REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $5,884 $340,350 $42,280 $298,070
2024 $5,884 $312,162 $30,201 $281,961
2023 $5,059 $312,162 $30,201 $281,961
2022 $5,052 $237,814 $30,201 $207,613
2021 $5,052 $237,814 $30,201 $207,613
2020 $5,276 $231,372 $31,460 $199,912
2019 $5,500 $231,372 $31,460 $199,912
2018 $5,269 $230,864 $0 $0
2017 $5,162 $222,185 $31,460 $190,725
2016 $5,071 $222,185 $31,460 $190,725
2015 $5,078 $222,185 $0 $0
2014 $4,956 $222,185 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Kim Olmstead

    Seller's Agent in 2021

    Kim Olmstead

    Agency Iowa

    (515) 231-1607

    44 in this area

    146 Total Sales

    Kim Olmstead
    Section Image

  • J

    Buyer's Agent in 2021

    Jeremy Lindley

    RE/MAX

See All Agents

Map

Source: Central Iowa Board of REALTORS®

MLS Number: 56721

APN: 088226254186076

Iowa Boone County Madrid 50156

103 Madelyn Ln, Madrid, IA

This home is located at 103 Madelyn Ln, Madrid, IA 50156 since 22 March 2021 and is currently estimated at $367,533, approximately $216 per square foot. This property was built in 2005. 103 Madelyn Ln is a home located in Boone County with nearby schools including Madrid Elementary School and Madrid Junior High School.

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