NOT LISTED FOR SALE

400 E Madison Dr Polk City, IA 50226

Estimated Value: $294,000 - $385,877

3 Beds
2 Baths
1,810 Sq Ft
$194/Sq Ft Est. Value

Last Sold July 10, 2019

Last sale price $204,000 $113 Per Sq Ft

Est. 72% increase in value since last sale

Current estimated payment $2,406/month

49 Days on Market

Highlights

  • 0.69 Acre Lot
  • Sun or Florida Room
  • Eat-In Kitchen
  • North Polk West Elementary School Rated A-
  • No HOA
  • Tile Flooring

About This Home

As of July 2019

Here it is, offering this quality built by Gratias home on 3/4 of an acre. No covenants make it nice & convenient to build that dream pole barn for all your toys. Like to boat or snowmobile? Perfect place to be, just sitting on the edge of town.This home boasts many nice features such as: 2 living rooms, main level bedroom/office, lrge kitchen w/awesome pantry w/pullout shelving. Nice size dining room, main level bath w/jacuzzi tub,upper level offers 2 additional bdrms, one being over 400 sq ft w/5 closets, a large master bath w/2 separate showers & tub. This home also has a breezy 3 season room to sit out & enjoy a glass of ice tea while soaking in the aromas of all the fruit trees, cherry, apple & grape vines. There is main level laundry & also hookups in basement, bsmnt also stubbed for bath & has nonconforming bedroom & plenty of storage/work space. A newer furnace/ water heater, new roof being put on in June 2019 & so many awesome features makes this a great place to call home.

Last Agent to Sell the Property

Connie Siddens

EXP Realty, LLC Listed on: 05/22/2019

EXP Realty, LLC

Last Buyer's Agent

kyle hout

Platinum Realty LLC

Platinum Realty LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,485

Year Built

  • Built in 1968

Lot Details

  • 0.69 Acre Lot
  • Lot Dimensions are 100x301

Home Design

  • Brick Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Vinyl Siding

Interior Spaces

  • 1,810 Sq Ft Home
  • 1.5-Story Property
  • Gas Fireplace
  • Drapes & Rods
  • Family Room
  • Dining Area
  • Sun or Florida Room
  • Screened Porch
  • Fire and Smoke Detector
  • Laundry on main level
  • Unfinished Basement

Kitchen

  • Eat-In Kitchen
  • Stove
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

Parking

  • 1 Car Attached Garage
  • Driveway

Outdoor Features

  • Outdoor Storage

Utilities

  • Forced Air Heating and Cooling System
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Built by Gratias

Listing and Financial Details

  • Assessor Parcel Number 26100206127001

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,485

Year Built

Built in 1968

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Subtype: Residential
  • Style: 1.5 Story
  • Homebuilder: Gratias
  • Lp Amt Sq Ft: 120.17
  • Natl Assocof Home Builders: No
  • Sp Amt Sq Ft: 112.71
  • Termite: Follow Showing Instructions
  • Year Built: 1968
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Fireplace: Direct Vent Gas
  • Interior Amenities: 1st Flr Laundry, Cable TV, Carpeting, Drapes/Curtains, Smoke Detector, Tile Floors, Vinyl Floors
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • First Floor Full Bathrooms: 1
  • Second Floor Full Bathrooms: 1
  • Basement Description: Partial Finished, Unfinished
  • Sq Ft Bsmt: 1248
  • Dining Room: Dining Areas, Eat In Kitchen
  • Family Room: 1st Floor
  • Other Rooms: 3 Season, Pantry, Sun Room, See Remarks
  • Included Items: Dishwasher, Microwave, Refrigerator, Stove
  • Living Area Sq Ft: 1810
  • Total Sq Ft: 1810

Exterior Features

  • Exterior: Frame, Vinyl Siding
  • Exterior Features: Exterior Storage Shed, Screened Porch
  • Foundation: Brick, Poured
  • Roof: Asphalt Shingle
  • Street Feature: Asphalt
  • Trim: Oak, Paint

Garage/Parking

  • Driveway: Concrete
  • Garage Sq Ft: 286
  • Garage: 1 Attached
  • 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: North Polk

Lot Info

  • Acres: 0.6910
  • Lot S F: 30100
  • Lot Shape: Regular
  • Lot Size: 100X301
  • Assessor Parcel Number: 26100206127001
  • Zoning: R-1

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: 4484.59
  • Net Taxes: 4288.59

MLS Schools

  • School District: North Polk

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 22, 2019
Closed on
Jul 9, 2019
Sold by
Lucas Elizabeth A and Lucas Elizabeth M
Bought by
First Choice Renovations Llc
Seller's Agent
Connie Siddens
EXP Realty, LLC
Buyer's Agent
kyle hout
Platinum Realty LLC
List Price
$217,500
Sold Price
$204,000
Premium/Discount to List
-$13,500
-6.21%
Current Estimated Value
$351,719

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$147,719
Avg. Annual Appreciation
9.25%
Original Mortgage
$300,000
Outstanding Balance
$264,371
Interest Rate
3.9%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$87,348

Purchase Details

Closed on
Feb 2, 2007
Sold by
Gratias Construction Inc
Bought by
Lucas Elizabeth A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$168,625
Interest Rate
6.22%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 29, 2006
Sold by
Leonhardt Stephen and Leonhardt Wreta
Bought by
Gratias Construction Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
6.36%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 4, 2004
Sold by
Walton Arthur B
Bought by
Leonhardt Stephen and Leonhardt Wreta

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,570
Interest Rate
6.06%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 29, 2002
Sold by
Walton Arthur B
Bought by
Walton Arthur B
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
First Choice Renovations Llc $204,000 None Available
Lucas Elizabeth A $177,000 None Available
Gratias Construction Inc $182,500 None Available
Leonhardt Stephen $158,000 --
Walton Arthur B -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open First Choice Renovations Llc $300,000
Previous Owner Lucas Elizabeth A $168,625
Previous Owner Gratias Construction Inc $140,000
Previous Owner Leonhardt Stephen $55,000
Previous Owner Leonhardt Stephen $125,570
Closed Leonhardt Stephen $25,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/10/2019 07/10/19 Sold $204,000 -6.2% $113 / Sq Ft
07/10/2019 07/10/19 Pending -- -- --
05/22/2019 05/22/19 For Sale $217,500 -- $120 / Sq Ft
Source: Des Moines Area Association of REALTORS®

Tax History Compared to Growth

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 $6,062 $326,800 $55,100 $271,700
2023 $5,960 $326,800 $55,100 $271,700
2022 $5,884 $271,100 $47,300 $223,800
2021 $5,568 $271,100 $47,300 $223,800
2020 $4,084 $249,000 $43,000 $206,000
2019 $3,716 $194,800 $43,000 $151,800
2018 $3,670 $171,900 $37,200 $134,700
2017 $3,262 $171,900 $37,200 $134,700
2016 $3,198 $156,300 $33,100 $123,200
2015 $3,198 $156,300 $33,100 $123,200
2014 $3,302 $157,000 $34,000 $123,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Des Moines Area Association of REALTORS®

MLS Number: 583197

Des Moines Area Association of REALTORS®

APN: 261-00206127001