NOT LISTED FOR SALE

1748 V Ave Madrid, IA 50156

Estimated Value: $408,859 - $442,000

3 Beds
2 Baths
1,913 Sq Ft
$221/Sq Ft Est. Value

Last Sold October 16, 2023

Last sale price $385,000 $201 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $2,474/month

2 Days on Market

Highlights

  • Barn
  • No HOA
  • 3 Car Detached Garage
  • Main Floor Bedroom
  • Den
  • Porch

About This Home

As of October 2023

Rare Boone County acreage opportunity! 10 min to Ames & Boone. Close to DSM metro. 3 BR, 1.75 BA, 1,944 sq ft, 2-story home with new roof, siding, windows, gutters, and downspouts in 2021. New garage roof in 2021. 2.15 acres on only a 1⁄4 mile of gravel also boasts many outbuildings including: a double garage with loft (24x26), single garage (14x26), quonset (50x50), Morton building with cement floor (53x48), 2-story barn (32x 48) with lean-to (16x32), fenced lean-to pen with hydrant (18x48), and corn crib (16x32). Home is full of character including a beautiful, covered porch original to the home, archways, and plenty of natural light. Master bdrm, both baths, and laundry on main floor. Updated landscaping and fenced-in yard. Xenia rural water to entire property. Barn and lean-to have new electric and water installed in 2019. Two fenced pasture areas with automatic waterer make it ready for your animals to move right in and the outbuildings offer plenty of storage for your toys and hobbies. United school district. Never miss another beautiful Iowa sunrise or sunset!

Last Agent to Sell the Property

Linda Sornsen

Friedrich Realty License #B31379 Listed on: 08/18/2023

Co-Listed By

Ashley Terrell

Friedrich Realty License #S65731

Last Buyer's Agent

Beth Skluzacek

CENTRAL IOWA BOARD OF REALTORS

Property Details

Property Type

  • Other

Year Built

  • Built in 1884

Lot Details

  • 2 Acre Lot
  • Fenced
  • Property is zoned Ag

Parking

  • 3 Car Detached Garage

Home Design

  • Farm
  • Block Foundation
  • Vinyl Construction Material

Interior Spaces

  • 1,913 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Gas Fireplace
  • Window Treatments
  • Living Room
  • Den

Kitchen

  • Range
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Main Floor Bedroom

Laundry

  • Laundry Room
  • Laundry on main level
  • Dryer
  • Washer

Basement

  • Partial Basement
  • Crawl Space

Outdoor Features

  • Patio
  • Storage Shed
  • Porch

Farming

  • Barn

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Forced Air Heating and Cooling System
  • Heating System Uses Propane
  • Rural Water
  • Gas Water Heater
  • Septic Tank

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 08883253423000003

Property Details

Property Type

Other

Year Built

Built in 1884

Lot Details

2 Acres

Parking

3

Listing Details

  • Property Sub Type: Farm
  • Prop. Type: Residential
  • Lot Size Acres: 2.0
  • Road Surface Type: Gravel
  • Co List Office Mls Id: 318000008
  • Co List Office Phone: 515-232-6175
  • Directions: Hwy 17 to E-57 (270th) East on E-57 Ave. South on V Ave. to 1748 V Ave. East side of road.
  • Above Grade Finished Sq Ft: 1313.0
  • Garage Yn: Yes
  • Unit Levels: Two
  • Year Built: 1884
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Cooling:Central Air: Yes
  • Water Heater:Gas: Yes
  • Floor:Carpet: Yes
  • Floor:Laminate: Yes
  • Floor:Tile2: Yes
  • Features:Main Floor Laundry2: Yes
  • Appliances Dryer: Yes
  • Washers: Yes
  • Exterior:Vinyl: Yes
  • Features:Ceiling Fan(s): Yes
  • Exterior Features Fence: Yes
  • Features:Storage Shed4: Yes
  • Outbuildings:Barn(s): Yes
  • Foundation:Concrete Block: Yes
  • Water:Rural: Yes
  • Foundation:Crawl Space: Yes
  • Cooling:Wall Unit(s): Yes
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer
  • Has Basement: Partial
  • Full Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Gas
  • Fireplace: Yes
  • Flooring: Laminate, Carpet
  • Interior Amenities: Ceiling Fan(s)
  • Window Features: Window Treatments
  • Appliances Dishwasher: Yes
  • Appliances Range: Yes
  • Features:Main Floor Bedroom: Yes
  • Basement:Partial2: Yes

Exterior Features

  • Fencing: Fenced
  • Construction Type: Vinyl Siding
  • Foundation Details: Crawl Space, Block, Tile
  • Other Structures: Shed(s), Barn(s), Pole Barn
  • Patio And Porch Features: Porch, Patio
  • Features:Window Treatment(s): Yes

Garage/Parking

  • Garage Spaces: 3.0
  • General Information:Garage Type2: Detached

Utilities

  • Laundry Features: Main Level
  • Cooling: Wall Unit(s), Central Air
  • Cooling Y N: Yes
  • Heating: Forced Air, Propane
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Water Source: Rural
  • Heating:Forced Air: Yes
  • Heating:Propane: Yes
  • Sewer Septic: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • General Information:Homeowners Association (HOA): No

Schools

  • Junior High Dist: United

Lot Info

  • Lot Size Sq Ft: 87120.0
  • Parcel #: 08883253423000003
  • Zoning: Ag

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 18, 2023
Closed on
Oct 2, 2023
Sold by
Clark Kristen K
Bought by
Anderson Justin and Anderson Amy
Seller's Agent
Linda Sornsen
Friedrich Realty
Buyer's Agent
Beth Skluzacek
CENTRAL IOWA BOARD OF REALTORS
List Price
$385,000
Sold Price
$385,000
Views
25
Current Estimated Value
$423,215

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$38,215
Avg. Annual Appreciation
3.94%
Original Mortgage
$385,000
Outstanding Balance
$377,076
Interest Rate
7.12%
Mortgage Type
VA
Estimated Equity
$46,139

Purchase Details

Closed on
May 27, 2022
Sold by
Clark Matthew B
Bought by
Clark Kristen K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$312,600
Interest Rate
5.1%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 24, 2019
Closed on
Jun 14, 2019
Sold by
Char Car Farms Inc
Bought by
Obbink Matthew B and Obbink Kristen K
Seller's Agent
Brian Byriel
Hunziker & Assoc.-Ames
Buyer's Agent
Linda Sornsen
Friedrich Realty
List Price
$292,000
Sold Price
$292,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.64%
Original Mortgage
$277,400
Interest Rate
3.9%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Anderson Justin $385,000 None Listed On Document
Anderson Justin $385,000 None Listed On Document
Clark Kristen K -- Gartin Timothy L
Clark Kristen K -- None Listed On Document
Obbink Matthew B $292,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Anderson Justin $385,000
Closed Anderson Justin $385,000
Previous Owner Clark Kristen K $312,600
Previous Owner Obbink Matthew B $277,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/16/2023 10/16/23 Sold $385,000 0.0% $201 / Sq Ft
08/21/2023 08/21/23 Pending -- -- --
08/18/2023 08/18/23 For Sale $385,000 +31.8% $201 / Sq Ft
06/25/2019 06/25/19 Sold $292,000 0.0% $153 / Sq Ft View Prior Sale
05/06/2019 05/06/19 Pending -- -- --
04/24/2019 04/24/19 For Sale $292,000 -- $153 / Sq Ft
Source: Central Iowa Board of REALTORS®

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 $2,552 $328,090 $62,500 $265,590
2024 $2,552 $273,623 $56,250 $217,373
2023 $2,178 $273,623 $56,250 $217,373
2022 $2,124 $215,754 $56,250 $159,504
2021 $2,124 $215,754 $56,250 $159,504
2020 $1,634 $207,580 $56,250 $151,330
2019 $1,346 $131,795 $1,897 $129,898
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central Iowa Board of REALTORS®

MLS Number: 62987

APN: 088325342300003

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