$235,000

201 E 1st St Madrid, IA 50156

Estimated payment $1,495/month

Total Views 136
2 Beds
2 Baths
1,134 Sq Ft
$207 Price per Sq Ft

Highlights

  • Deck
  • Wood Flooring
  • Mud Room
  • Ranch Style House
  • Corner Lot
  • No HOA

About This Home

Welcome to a home that’s truly as cute as a bug! Bursting with charm and character, this 2-bedroom, 2-bath residence features gorgeous hardwood floors and an expanded, updated kitchen with a breakfast bar and farmhouse sink, perfect for gatherings with friends or cozy mornings at home. The main level offers two comfortable bedrooms and a full bath, while the walkout lower level includes a second bath and plenty of space, ready for you to finish and make your own. Outdoors, you’ll find a single-car detached garage and several garden beds, ideal for those with a green thumb or anyone who loves outdoor living. Nestled in the heart of Madrid, this home offers small-town charm with easy access to nearby communities—making it a wonderful place to settle in and call your own. Seller estimated main floor sqft 1218 after kitchen remodel.

Listing Agent

Aaron Ackerlund

Keller Williams Realty GDM Listed on: 09/02/2025

Keller Williams Realty GDM

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,695

Year Built

  • Built in 1923

Lot Details

  • 8,712 Sq Ft Lot
  • Corner Lot

Home Design

  • Ranch Style House
  • Asphalt Shingled Roof
  • Metal Siding

Interior Spaces

  • 1,134 Sq Ft Home
  • Drapes & Rods
  • Mud Room
  • Family Room
  • Dining Area
  • Fire and Smoke Detector
  • Unfinished Basement

Kitchen

  • Stove
  • Microwave
  • Dishwasher
  • Farmhouse Sink

Flooring

  • Wood
  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms

Laundry

  • Dryer
  • Washer

Parking

  • 1 Car Detached Garage
  • Gravel Driveway

Additional Features

  • Deck
  • Forced Air Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 088226361186031

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,695

Year Built

Built in 1923

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Subtype: Residential
  • Style: Ranch
  • Lp Amt Sq Ft: 207.23
  • Natl Assocof Home Builders: No
  • Termite: Follow Showing Instructions
  • Year Built: 1923
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Carpeting, Drapes/Curtains, Hardwood Floors, Laminate Floors, Smoke Detector
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • First Floor Full Bathrooms: 1
  • Lower Level Full Bathrooms: 1
  • Basement Description: Unfinished
  • Sq Ft Bsmt: 1134
  • Dining Room: Dining Areas
  • Family Room: 1st Floor
  • Other Rooms: Mud Room
  • Included Items: Dishwasher, Dryer, Microwave, Refrigerator, Stove, Washer
  • Living Area Sq Ft: 1134
  • Total Sq Ft: 1134

Exterior Features

  • Exterior: Metal Siding
  • Exterior Features: Deck
  • Foundation: Tile
  • Roof: Asphalt Shingle
  • Street Feature: Concrete
  • Trim: Birch, Paint

Garage/Parking

  • Driveway: Gravel
  • Garage Sq Ft: 264
  • Garage: 1 Detached
  • Garage Parking Stalls: 1

Utilities

  • Sewer: City
  • Water: City
  • Air Conditioner: Central
  • Heat: Gas Forced Air

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: Madrid

Lot Info

  • Acres: 0.2000
  • Lot S F: 8712
  • Lot Shape: Corner Lot
  • Assessor Parcel Number: 088226361186031
  • Zoning: res

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: 2695.34
  • Net Taxes: 2498.00

MLS Schools

  • School District: Madrid

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $2,588 $143,004 $15,840 $127,164
2023 $2,314 $143,004 $15,840 $127,164
2022 $2,294 $112,868 $15,840 $97,028
2021 $2,294 $112,868 $15,840 $97,028
2020 $2,894 $102,727 $11,088 $91,639
2019 $2,124 $134,297 $11,088 $123,209
2018 $2,040 $97,605 $0 $0
2017 $2,028 $96,434 $6,336 $90,098
2016 $2,007 $96,434 $6,336 $90,098
2015 $2,008 $96,434 $0 $0
2014 $1,954 $96,434 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/02/2025 09/02/25 For Sale $235,000 +123.8% $207 / Sq Ft
11/26/2019 11/26/19 Sold $105,000 -4.5% $93 / Sq Ft
10/27/2019 10/27/19 Pending -- -- --
10/16/2019 10/16/19 For Sale $109,900 -- $97 / Sq Ft
Source: Des Moines Area Association of REALTORS®

Purchase History

Date Type Sale Price Title Company
Warranty Deed $105,000 None Available
Warranty Deed $90,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $103,500 New Conventional
Closed $103,098 FHA
Previous Owner $50,000 New Conventional
Source: Public Records

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Source: Des Moines Area Association of REALTORS®

MLS Number: 725442

Des Moines Area Association of REALTORS®

APN: 088226361186031