$590,000
PENDING

2050 S Ave Madrid, IA 50156

Madrid Area

Estimated payment $3,477/month

Total Views 178
3 Beds
1 Bath
1,481 Sq Ft
$398 Price per Sq Ft

Highlights

  • Deck
  • No HOA
  • Outdoor Storage
  • Main Floor Primary Bedroom
  • Eat-In Kitchen
  • Central Air

About This Home

Rare Opportunity to own a small Hobby farm in Boone County. Located on a paved road this Farm is just under 20 acres with 17.44 acres ML in tillable ground. Prime crop ground with a CSR 2 Rating of 88.37. The building site is 2.06 acres. The House has 3 bedrooms, large kitchen, single bath, living room, 1st floor laundry, and just over 1480 Sq. Ft. of finished living area. The basement is used for storage. Updates include Pella windows, updated kitchen, drywall, oak trim, bedroom / bath addition, and Xenia Rural Water. The Farm has been in the same family for 81 years and has been well maintained. A new septic system will be installed. There are several useable outbuildings to include two car garage, 20x 40 machine shed, 22x 24 poultry house, 16x14 storage shed and a garden shed. Everything you need to start your Hobby Farm! You could be self sufficient with a large garden spot and several fruit trees on the acreage. Located in the Madrid school district with an easy commute to Boone, Ames and Des Moines Metro area. This could be your life time home.

Listing Agent

Donald Lincoln

Nerem & Assoc. Listed on: 08/11/2026

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,839

Year Built

  • Built in 1895

Lot Details

  • Property is zoned AG

Home Design

  • Block Foundation
  • Stone Foundation
  • Asphalt Shingled Roof
  • Vinyl Siding

Interior Spaces

  • 1,481 Sq Ft Home
  • 1.5-Story Property
  • Drapes & Rods
  • Carpet
  • Unfinished Basement
  • Partial Basement
  • Fire and Smoke Detector

Kitchen

  • Eat-In Kitchen
  • Stove

Bedrooms and Bathrooms

  • 3 Bedrooms | 2 Main Level Bedrooms
  • Primary Bedroom on Main
  • 1 Full Bathroom

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Parking

  • 2 Car Detached Garage
  • Gravel Driveway

Outdoor Features

  • Deck
  • Outdoor Storage
  • Outbuilding

Utilities

  • Central Air
  • Heating System Powered By Leased Propane
  • Heating System Uses Propane
  • Rural Water
  • Septic Tank

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number O8822518200003

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,839

Year Built

Built in 1895

Lot Details

19.5 Acres

Listing Details

  • Property Type: Residential
  • Property Subtype: Acreage
  • Style: 1.5 Story
  • Lp Amt Sq Ft: 398.38
  • Natl Assocof Home Builders: No
  • Year Built: 1895
  • Special Features: UnderContract
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Interior Amenities: 1st Flr Laundry, Carpeting, Drapes/Curtains, See Reserved Items, Smoke Detector
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • First Floor Full Bathrooms: 1
  • Basement Description: Partial, Unfinished
  • Dining Room: Eat In Kitchen
  • Included Items: Dryer, Refrigerator, Stove, Washer
  • Living Area Sq Ft: 1481
  • Total Sq Ft: 1481

Exterior Features

  • Exterior: Vinyl Siding
  • Exterior Features: Deck, Exterior Storage Shed, Out Buildings
  • Foundation: Concrete Block, Stone
  • Roof: Asphalt Shingle
  • Street Feature: Concrete
  • Trim: Oak

Garage/Parking

  • Driveway: Gravel
  • Garage Sq Ft: 600
  • Garage: 2 Detached
  • Garage Parking Stalls: 2

Utilities

  • Sewer: Septic
  • Water: Rural
  • Air Conditioner: Central
  • Heat: Propane

Condo/Co-op/Association

  • Association Fee: No

Green Features

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

Lot Info

  • Assessor Parcel Number: O8822518200003
  • Zoning: AG

Multi Family

  • Geo Solar Thermal: No

Tax Info

  • Gross Taxes: 2839.01
  • Net Taxes: 2784.00

MLS Schools

  • School District: Madrid

Map

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $2,904 $237,550 $55,330 $182,220
2024 $2,904 $214,124 $37,984 $176,140
2023 $2,573 $214,124 $37,984 $176,140
2022 $2,623 $163,218 $30,728 $132,490
2021 $2,498 $163,218 $30,728 $132,490
2020 $2,280 $146,031 $30,728 $115,303
2019 $2,092 $146,031 $30,728 $115,303
2018 $2,089 $142,043 $0 $0
2017 $2,084 $141,527 $50,040 $91,487
2016 $2,104 $133,707 $50,040 $83,667
2015 $1,662 $134,113 $0 $0
2014 $1,614 $134,113 $0 $0
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
08/15/2026 08/15/26 Pending -- -- --
08/11/2026 08/11/26 For Sale $590,000 -- $398 / Sq Ft
Source: Des Moines Area Association of REALTORS®

Source: Des Moines Area Association of REALTORS®

MLS Number: 747168

Des Moines Area Association of REALTORS®

APN: 088225182300003

Iowa Boone County Madrid 50156

2050 S Ave, Madrid, IA

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.

Nearby Homes
Listing Agent
Donald Lincoln
Section Image
Nerem & Assoc.
(515) 808-7093
Your Personal Tour Guide

Ask me questions while you tour the home.