NOT LISTED FOR SALE

15500 NW Madrid Dr Madrid, IA 50156

Estimated Value: $562,000 - $830,968

16.85 Acres
$43,165 Price per Acre
733,899 Sq Ft Lot

Last Sold August 07, 2017

Last sale price $504,000 $202 Per Sq Ft

Est. 44% increase in value since last sale

Current estimated payment $4,647/month

189 Days on Market

Highlights

  • 16.85 Acre Lot
  • No HOA
  • Formal Dining Room
  • Wood Flooring
  • Den
  • Eat-In Kitchen

About This Lot

As of August 2017

This prestigious 16 acre m/l estate with a 30 x 40 barn and 13 acres m/l currently in crop land is now available within minutes to Polk City, Granger, Ankeny, and Madrid. This exquisite Century home has been completely restored to original Edge Grain Fir and Southern Yellow Pine woodwork. Oak Hardwood Floors throughout with a meticulous staircase leading to the 3 bedrooms, luxury bathroom, and bonus room! 13 recently planted ball & burlap trees including; Fall Fiesta Sugar Maples, Red Oaks, Prairie Fire Crabs, Japanese Lilacs and a Tri-trunk River Birch. The detached 3+ car garage has heat and A/C for all your projects. The wrap around porch offers tranquility after a day's work in the field or relax in the 71" soaking tub after utilizing the 30 x 40 barn equipped with full hay mow and horse stall doors. Enjoy peace of mind with the custom built 8' high basement with fully tiled foundation, reinforced, and waterproofed. Fabulous views.. Why not make this your Farm Retreat!

Last Agent to Sell the Property

Brenda Binder

Summit Realty Listed on: 01/23/2017

Last Buyer's Agent

Josh Gillum

Gillum Group Real Estate LLC

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $5,843

Year Built

  • Built in 1910

Lot Details

  • 16.85 Acre Lot
  • Property is zoned Ag

Home Design

  • Block Foundation
  • Asphalt Shingled Roof
  • Cement Board or Planked

Interior Spaces

  • 2,492 Sq Ft Home
  • 2-Story Property
  • Formal Dining Room
  • Den
  • Unfinished Basement

Kitchen

  • Eat-In Kitchen
  • Stove
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Parking

  • 3 Car Attached Garage
  • Gravel Driveway

Utilities

  • Central Air
  • Heat Pump System
  • Septic Tank

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 28000115003000

Property Details

Property Type

Land

Est. Annual Taxes

$5,843

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Subtype: Acreages
  • Style: Two Story
  • Lp Amt Sq Ft: 213.88
  • Natl Assocof Home Builders: No
  • Sp Amt Sq Ft: 202.25
  • Termite: Call Listing Agent
  • Year Built: 1910
  • Special Features: None
  • Property Sub Type: LotsLands
  • Stories: 2

Interior Features

  • Interior Amenities: 1st Flr Laundry, Carpeting, Hardwood Floors
  • Total Bathrooms: 2.00
  • Full Bathrooms: 1
  • Second Floor Full Bathrooms: 1
  • Partial Bath Total: 1
  • Partial Bath 1st Floor: 1
  • Basement Description: Unfinished
  • Sq Ft Bsmt: 919
  • Dining Room: Eat In Kitchen, Formal Dining Rm
  • Living Rm Size: 12.8 x 27
  • Other Rooms: Den
  • Included Items: Dishwasher, Dryer, Microwave, Refrigerator, See Remarks, Stove, Washer
  • Living Area Sq Ft: 2492
  • Total Sq Ft: 2492

Exterior Features

  • Exterior: Cement Board
  • Foundation: Concrete Block
  • Roof: Asphalt Shingle
  • Street Feature: Concrete
  • Trim: Maple, Oak

Garage/Parking

  • Driveway: Concrete, Gravel
  • Garage: 3 Attached

Utilities

  • Sewer: Septic
  • Water: Rural
  • Air Conditioner: Central, See Remarks
  • Heat: Heat Pump, See Remarks

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: Madrid

Lot Info

  • Acres: 16.8480
  • Lot S F: 733898
  • Assessor Parcel Number: 28000115003000
  • Zoning: Ag

Green Features

  • Additional Green Features: No
  • ENERGYSTAR qualified New Home: No
  • HERS Rating: No
  • Leed For Homes: No
  • Solar: No

Multi Family

  • Geo Solar Thermal: No

Tax Info

  • Gross Taxes: 5843.00
  • Net Taxes: 5843.00
  • Tax Year: 2016

MLS Schools

  • School District: Madrid

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 23, 2017
Closed on
Jul 18, 2017
Sold by
Felz Charles L and Flez Marin L
Bought by
Krutchten Thomas L and Krutchten Susan M
Seller's Agent
Brenda Binder
Summit Realty
Buyer's Agent
Josh Gillum
Gillum Group Real Estate LLC
List Price
$539,000
Sold Price
$504,000
Premium/Discount to List
-$35,000
-6.49%
Current Estimated Value
$727,242

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$223,242
Avg. Annual Appreciation
3.62%
Original Mortgage
$391,200
Outstanding Balance
$329,759
Interest Rate
3.62%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$341,336

Purchase Details

Listed on
Nov 11, 2015
Closed on
May 25, 2016
Sold by
Kujac John and Kujac Miriam
Bought by
Felz Charles L and Felz Marin L
Seller's Agent
Brenda Binder
Summit Realty
Buyer's Agent
Brenda Binder
Summit Realty
List Price
$559,000
Sold Price
$529,500
Premium/Discount to List
-$29,500
-5.28%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-4.03%
Original Mortgage
$59,550
Interest Rate
3.58%
Mortgage Type
Credit Line Revolving
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
Krutchten Thomas L $504,000 None Available
Felz Charles L $529,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Krutchten Thomas L $391,200
Previous Owner Felz Charles L $59,550
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/07/2017 08/07/17 Sold $504,000 -6.5% $202 / Sq Ft
07/31/2017 07/31/17 Pending -- -- --
01/23/2017 01/23/17 For Sale $539,000 +1.8% $216 / Sq Ft
05/25/2016 05/25/16 Sold $529,500 -5.3% $212 / Sq Ft
05/25/2016 05/25/16 Pending -- -- --
11/11/2015 11/11/15 For Sale $559,000 -- $224 / Sq Ft
Source: Des Moines Area Association 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 $8,208 $526,560 $27,660 $498,900
2023 $7,366 $526,560 $27,660 $498,900
2022 $7,260 $25,690 $21,190 $4,500
2021 $6,800 $25,690 $21,190 $4,500
2020 $6,726 $24,470 $20,670 $3,800
2019 $6,298 $351,670 $20,670 $331,000
2018 $6,328 $32,530 $27,330 $5,200
2017 $5,810 $32,530 $27,330 $5,200
2016 $3,068 $33,680 $27,980 $5,700
2015 $3,068 $31,480 $27,980 $3,500
2014 $3,276 $172,720 $28,420 $144,300
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2017

    Brenda Binder

    Summit Realty

  • Josh Gillum

    Buyer's Agent in 2017

    Josh Gillum

    Gillum Group Real Estate LLC

    (515) 633-7960

    85 Total Sales

    Josh Gillum
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Map

Source: Des Moines Area Association of REALTORS®

MLS Number: 531267

Des Moines Area Association of REALTORS®

APN: 280-00115003000

Iowa Polk County Madrid 50156

15500 NW Madrid Dr, Madrid, IA

This home is located at 15500 NW Madrid Dr, Madrid, IA 50156 since 23 January 2017 and is currently estimated at $727,242, approximately $291 per square foot. This property was built in 1910. 15500 NW Madrid Dr is a home located in Polk County with nearby schools including Madrid Elementary School and Madrid Junior High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Des Moines Area Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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