$269,900

309 E 1st St Madrid, IA 50156

Estimated payment $1,835/month

Total Views 3,163
3 Beds
2 Baths
1,848 Sq Ft
$146 Price per Sq Ft

Highlights

  • Sun or Florida Room
  • Forced Air Heating and Cooling System
  • Dining Area
  • No HOA

About This Home

Welcome to your private oasis in Madrid! It is incredibly rare to find a city home that offers both spacious interior living and an expansive outdoor retreat, making this beautifully maintained 3-bedroom, 2-bathroom residence a truly unique find. Inside, you will find a bright and airy floor plan featuring generous living areas with excellent natural light, perfect for both relaxing and entertaining. The three well-sized bedrooms offer plenty of flexibility for a growing family, guest quarters, or a dedicated home office.
The true crown jewel of this property is the exceptionally large, unique lot—a literal needle in a haystack for the Madrid market. Step right off the back of the home onto a brand-new patio, your perfect spot for morning espresso, al fresco dining, or weekend barbecues. The patio overlooks a massive, fully fenced-in backyard that offers total privacy and security. This expansive green space is a completely blank canvas for whatever your heart desires, whether you want to cultivate a garden, create a secure play area, or give your pets room to roam. This home combines peaceful residential living with city convenience. Properties with this size lot and private outdoor space are a rare find and this one is priced aggressively for a quick sale. Schedule your viewing today before this incredible opportunity slips away!

Listing Agent

Erin Rundall

Keller Williams Realty GDM Listed on: 05/22/2026

Keller Williams Realty GDM

Co-Listing Agent

Staci Burr

Keller Williams Realty GDM

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,630

Year Built

  • Built in 1900

Lot Details

  • 20,910 Sq Ft Lot
  • Lot Dimensions are 102x205

Home Design

  • Block Foundation
  • Asphalt Shingled Roof

Interior Spaces

  • 1,848 Sq Ft Home
  • 2-Story Property
  • Dining Area
  • Sun or Florida Room

Kitchen

  • Stove
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • 2 Car Detached Garage
  • Driveway

Utilities

  • Forced Air Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 088226361186021

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,630

Year Built

Built in 1900

Lot Details

0.48 Acres

Listing Details

  • Property Type: Residential
  • Property Subtype: Residential
  • Style: Two Story
  • Lp Amt Sq Ft: 146.05
  • Natl Assocof Home Builders: No
  • Termite: Follow Showing Instructions
  • Year Built: 1900
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Total Bathrooms: 2.00
  • Full Bathrooms: 1
  • Second Floor Full Bathrooms: 1
  • Partial Bath Total: 1
  • Partial Bath 1st Floor: 1
  • Dining Room: Dining Areas
  • Other Rooms: 4 Season
  • Included Items: Dishwasher, Dryer, Microwave, Refrigerator, Stove, Washer
  • Living Area Sq Ft: 1848
  • Total Sq Ft: 1848

Exterior Features

  • Foundation: Concrete Block
  • Roof: Asphalt Shingle
  • Street Feature: Concrete

Garage/Parking

  • Driveway: Concrete
  • Garage: 2 Detached

Utilities

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

Condo/Co-op/Association

  • Association Fee: No

Lot Info

  • Acres: 0.4800
  • Lot S F: 20910
  • Lot Size: 102x205
  • Assessor Parcel Number: 088226361186021
  • 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: 4630.00
  • Net Taxes: 4630.00
  • Tax Year: 2024

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

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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 $4,630 $302,710 $35,020 $267,690
2024 $4,630 $237,639 $25,015 $212,624
2023 $4,317 $237,639 $25,015 $212,624
2022 $4,264 $193,173 $25,015 $168,158
2021 $4,264 $193,173 $25,015 $168,158
2020 $4,272 $180,251 $19,262 $160,989
2019 $3,094 $180,251 $19,262 $160,989
2018 $3,000 $125,054 $0 $0
2017 $2,964 $104,407 $11,007 $93,400
2016 $2,486 $104,407 $11,007 $93,400
2015 $2,484 $104,407 $0 $0
2014 $2,426 $104,407 $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 Prior Sale
05/22/2026 05/22/26 For Sale $269,900 +22.7% $146 / Sq Ft
08/18/2021 08/18/21 Sold $220,000 0.0% $119 / Sq Ft View Prior Sale
08/09/2021 08/09/21 Pending -- -- --
06/16/2021 06/16/21 Price Changed $220,000 -1.8% $119 / Sq Ft
06/07/2021 06/07/21 Price Changed $224,000 -2.2% $121 / Sq Ft
05/27/2021 05/27/21 For Sale $229,000 +23.8% $124 / Sq Ft
12/16/2017 12/16/17 Pending -- -- --
12/08/2017 12/08/17 Sold $185,000 0.0% $112 / Sq Ft View Prior Sale
12/08/2017 12/08/17 Sold $185,000 0.0% $112 / Sq Ft View Prior Sale
12/07/2017 12/07/17 For Sale $185,000 -2.1% $112 / Sq Ft
10/23/2017 10/23/17 Pending -- -- --
10/23/2017 10/23/17 For Sale $189,000 +43.2% $114 / Sq Ft
05/17/2013 05/17/13 Sold $132,000 -5.0% $71 / Sq Ft View Prior Sale
03/12/2013 03/12/13 Pending -- -- --
10/01/2012 10/01/12 For Sale $138,900 -- $75 / Sq Ft
Source: Des Moines Area Association of REALTORS®

Purchase 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 Type Sale Price Title Company
Warranty Deed $220,000 None Available
Warranty Deed $185,000 None Available
Warranty Deed $132,000 None Available
Source: Public Records

Mortgage 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 Status Loan Amount Loan Type
Open $216,015 New Conventional
Previous Owner $179,450 New Conventional
Previous Owner $134,693 New Conventional
Source: Public Records

Source: Des Moines Area Association of REALTORS®

MLS Number: 741468

Des Moines Area Association of REALTORS®

APN: 088226361186021

Your Personal Tour Guide

Ask me questions while you tour the home.