NOT LISTED FOR SALE

1495 263rd Ln Madrid, IA 50156

Estimated Value: $506,000 - $799,000

5 Beds
4 Baths
2,200 Sq Ft
$314/Sq Ft Est. Value

Last Sold December 04, 2020

Last sale price $549,900 $250 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $4,178/month

5 Days on Market

Highlights

  • New Construction
  • Wood Flooring
  • 2 Car Attached Garage
  • Deck
  • Main Floor Bedroom
  • Patio

About This Home

As of December 2020

Incredible craftsmanship, tons of outdoor space, and ideal location define this brand new, one-of-a-kind property! You'll have plenty of room to spread out on the huge deck that overlooks 3 acres. There's also a patio space just past the breezeway that gives you another place where you'll be able to overlook your kingdom! Inside you'll find a modern aesthetic with a classic, rustic charm. Over 3,000 square feet of beautifully finished space means you'll never be lacking for room. The master suite overlooks the property from the second floor with 3 windows that let light pour in. Laundry is conveniently located on the second floor next to the master suite. In the lower level, you'll love the daylight windows that look out into the backyard where you'll surely spend many hours watching the kids play! Don't forget that you'll be practically next door to Ledges State Park AND the Iowa Arboretum! If you love nature, you'll be right at home here. Don't miss out on this beautiful and distinctive property!

Last Agent to Sell the Property

Jon Engelman

Friedrich Realty License #S640210 Listed on: 10/20/2020

Last Buyer's Agent

Traci Jennings

RE/MAX REAL ESTATE CENTER License #S39814

RE/MAX REAL ESTATE CENTER

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,934

Year Built

  • Built in 2020 | New Construction

Lot Details

  • 2 Acre Lot

Parking

  • 2 Car Attached Garage

Home Design

  • Poured Concrete
  • Wood Trim

Interior Spaces

  • 2,200 Sq Ft Home
  • 1.5-Story Property
  • Ceiling Fan
  • Gas Fireplace

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Main Floor Bedroom

Basement

  • Basement Fills Entire Space Under The House
  • Natural lighting in basement

Outdoor Features

  • Deck
  • Patio

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Rural Water
  • Gas Water Heater
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 088326281400005

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,934

Year Built

Built in 2020 | New Construction

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 2.0
  • Road Frontage Type: Maintained
  • Above Grade Finished Sq Ft: 1100.0
  • Architectural Style: 1 1/2 Story
  • Garage Yn: Yes
  • New Construction: Yes
  • Year Built: 2020
  • Foundation:Poured: Yes
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Cooling:Central Air: Yes
  • Water Heater:Gas: Yes
  • Floor:Carpet: Yes
  • Features:Deck-Wood: Yes
  • Features:Ceiling Fan(s): Yes
  • Floor:Hardwood: Yes
  • Water:Rural: Yes
  • Special Features: NewHome

Interior Features

  • Appliances: Dishwasher, Disposal, Microwave, Range, Refrigerator
  • Has Basement: Daylight, Full
  • Full Bathrooms: 3
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 5
  • Below Grade Sq Ft: 850.0
  • Flooring: Hardwood, Carpet
  • Interior Amenities: Ceiling Fan(s)
  • Basement:Full2: Yes
  • Appliances Dishwasher: Yes
  • Appliances Range: Yes
  • Fireplace:Gas9: Yes
  • Interior Trim:Wood11: Yes
  • Basement:Daylight: Yes
  • Features:Main Floor Bedroom: Yes

Exterior Features

  • Foundation Details: Poured
  • Patio And Porch Features: Deck-Wood, Patio
  • Features:Patio3: Yes

Garage/Parking

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

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Forced Air, Natural Gas
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Water Source: Rural
  • Heating:Natural Gas: Yes
  • Heating:Forced Air: Yes
  • Sewer Septic: Yes

Schools

  • Junior High Dist: United

Lot Info

  • Lot Size Sq Ft: 123710.0
  • Parcel #: 088326281400005
  • Zoning: A
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 20, 2020
Closed on
Nov 30, 2020
Sold by
Green Brice and Green Ann
Bought by
Maier Michael and Maier Allison
Seller's Agent
Jon Engelman
Friedrich Realty
Buyer's Agent
Traci Jennings
RE/MAX REAL ESTATE CENTER
List Price
$549,900
Sold Price
$549,900
Current Estimated Value
$691,391

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$141,491
Avg. Annual Appreciation
3.84%
Original Mortgage
$439,920
Outstanding Balance
$396,788
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$260,262

Purchase Details

Closed on
Feb 19, 2009
Sold by
Throckmorton Carol M and Throckmorton Carol Mae
Bought by
Green Brice and Green Ann
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
Maier Michael $550,000 None Available
Green Brice $103,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Maier Michael $439,920
Previous Owner Green Brice $355,360
Previous Owner Green Brice $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/04/2020 12/04/20 Sold $549,900 0.0% $250 / Sq Ft
10/26/2020 10/26/20 Pending -- -- --
10/20/2020 10/20/20 For Sale $549,900 -- $250 / 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
2024 $4,934 $540,811 $58,750 $482,061
2023 $4,096 $540,811 $58,750 $482,061
2022 $3,694 $398,149 $58,750 $339,399
2021 $3,694 $368,715 $58,750 $309,965
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central Iowa Board of REALTORS®

MLS Number: 56199

APN: 088326281400005