207 N Union St Madrid, IA 50156
Estimated payment $1,057/month
Highlights
- Traditional Architecture
- Forced Air Heating and Cooling System
- Dining Area
- No HOA
About This Home
Excellent opportunity for an investor or first-time buyer to build equity in a great community! This Madrid home offers strong bones with an open main level, featuring a spacious living room flowing into the dining area and kitchen. While drop ceilings are currently in place, 10-foot ceilings lie underneath, ready to reveal a bright, open feel. A front room provides flexibility as an office or additional bedroom. Upstairs you'll find three generously sized bedrooms and a full bath. Outside, enjoy a huge driveway with ample space for parking or play, plus a large detached garage, perfect for hobbies, storage, or extra workspace, and complete with an air conditioner. With great curb appeal and potential throughout, this home is ready for its next owner to restore and make it shine. Experience the ease of small-town living right here in Madrid!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $3,193
Year Built
- Built in 1920
Home Design
- Traditional Architecture
- Asphalt Shingled Roof
Interior Spaces
- 1,288 Sq Ft Home
- 2-Story Property
- Dining Area
- Unfinished Basement
Kitchen
- Stove
- Dishwasher
Bedrooms and Bathrooms
- 3 Bedrooms
- 1 Full Bathroom
Parking
- 2 Car Detached Garage
- Driveway
Additional Features
- 8,712 Sq Ft Lot
- Forced Air Heating and Cooling System
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number 088226254486087
Map
Home Values in the Area
Average Home Value in this Area
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 | $2,994 | $191,350 | $22,180 | $169,170 |
| 2024 | $2,994 | $163,895 | $15,840 | $148,055 |
| 2023 | $2,698 | $163,895 | $15,840 | $148,055 |
| 2022 | $2,686 | $130,608 | $15,840 | $114,768 |
| 2021 | $2,686 | $130,608 | $15,840 | $114,768 |
| 2020 | $2,608 | $118,804 | $11,088 | $107,716 |
| 2019 | $2,000 | $118,804 | $11,088 | $107,716 |
| 2018 | $1,919 | $89,408 | $0 | $0 |
| 2017 | $1,912 | $79,320 | $6,336 | $72,984 |
| 2016 | $1,601 | $79,320 | $6,336 | $72,984 |
| 2015 | $1,600 | $79,320 | $0 | $0 |
| 2014 | $1,556 | $79,320 | $0 | $0 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 11/13/2025 11/13/25 | Price Changed | $149,900 | -3.6% | $116 / Sq Ft | |
| 11/06/2025 11/06/25 | Price Changed | $155,500 | -8.5% | $121 / Sq Ft | |
| 11/03/2025 11/03/25 | Price Changed | $169,900 | -2.9% | $132 / Sq Ft | |
| 10/22/2025 10/22/25 | Price Changed | $174,900 | -2.8% | $136 / Sq Ft | |
| 09/09/2025 09/09/25 | For Sale | $179,900 | +56.4% | $140 / Sq Ft | |
| 11/23/2016 11/23/16 | Sold | $115,000 | -3.4% | $89 / Sq Ft | View Prior Sale |
| 04/20/2016 04/20/16 | Pending | -- | -- | -- | |
| 08/06/2015 08/06/15 | For Sale | $119,000 | -- | $92 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $115,000 | None Available |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $112,917 | FHA |
Source: Des Moines Area Association of REALTORS®
MLS Number: 725925
APN: 088226254486087
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