405 W 7th St Madrid, IA 50156
3
Beds
1
Bath
1,181
Sq Ft
8,824
Sq Ft Lot
Highlights
- Ranch Style House
- No HOA
- Forced Air Heating and Cooling System
- Wood Flooring
- Covered Deck
- Family Room
About This Home
As of March 2025Take a look at this very nice 3 bed 1 full bath ranch home right near Edgewood Park in Madrid. The main floor features a large spacious living room, roomy kitchen with dining area, three bedrooms and a full bath with an updated shower. Beautiful hardwood floors in bedrooms and under carpeting. Updated Windows as well as the Roof, Siding and Gutters. The basement has plenty of storage, a shower and laundry. You will enjoy the front covered porch/deck and peaceful surroundings. This home has been cared for by the same family since 1968. Pull your car into the attached garage and here you are Home Sweet Home! Call today for your showing before someone else does.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $3,182
Year Built
- Built in 1959
Home Design
- Ranch Style House
- Block Foundation
- Metal Roof
- Vinyl Siding
Interior Spaces
- 1,181 Sq Ft Home
- Family Room
- Dining Area
- Unfinished Basement
- Partial Basement
- Stove
Flooring
- Wood
- Carpet
- Vinyl
Bedrooms and Bathrooms
- 3 Main Level Bedrooms
- 1 Bathroom
Laundry
- Dryer
- Washer
Parking
- 1 Car Attached Garage
- Driveway
Additional Features
- Covered Deck
- 8,824 Sq Ft Lot
- Forced Air Heating and Cooling System
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number 088226361386114
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Nov 15, 2024
Closed on
Mar 17, 2025
Sold by
Bimbi Joyce E
Bought by
Luster Jack and Luster Abby
Seller's Agent
Aaron Ackerlund
Keller Williams Realty GDM
Buyer's Agent
Deb Stokka
RE/MAX Precision
List Price
$219,900
Sold Price
$199,275
Premium/Discount to List
-$20,625
-9.38%
Views
56
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,680
Avg. Annual Appreciation
3.89%
Original Mortgage
$179,348
Outstanding Balance
$178,588
Interest Rate
6.89%
Mortgage Type
New Conventional
Estimated Equity
$24,367
Similar Homes in Madrid, IA
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
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $199,500 | None Listed On Document | |
| Warranty Deed | $199,500 | None Listed On Document |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $179,348 | New Conventional | |
| Closed | $179,348 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/19/2025 03/19/25 | Sold | $199,275 | -5.1% | $169 / Sq Ft |
| 02/13/2025 02/13/25 | Pending | -- | -- | -- |
| 02/03/2025 02/03/25 | Price Changed | $209,900 | -4.5% | $178 / Sq Ft |
| 02/02/2025 02/02/25 | For Sale | $219,900 | 0.0% | $186 / Sq Ft |
| 01/17/2025 01/17/25 | Pending | -- | -- | -- |
| 12/04/2024 12/04/24 | Price Changed | $219,900 | -8.3% | $186 / Sq Ft |
| 11/15/2024 11/15/24 | For Sale | $239,900 | -- | $203 / Sq Ft |
Source: Des Moines Area Association of REALTORS®
Tax History Compared to Growth
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 | $3,094 | $177,469 | $16,044 | $161,425 |
| 2023 | $2,928 | $177,469 | $16,044 | $161,425 |
| 2022 | $2,926 | $144,901 | $16,044 | $128,857 |
| 2021 | $2,926 | $144,901 | $16,044 | $128,857 |
| 2020 | $3,240 | $148,886 | $9,626 | $139,260 |
| 2019 | $2,874 | $148,886 | $9,626 | $139,260 |
| 2018 | $2,746 | $127,918 | $0 | $0 |
| 2017 | $2,602 | $119,493 | $4,813 | $114,680 |
| 2016 | $2,550 | $119,493 | $4,813 | $114,680 |
| 2015 | $2,556 | $119,493 | $0 | $0 |
| 2014 | $2,490 | $119,493 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Aaron Ackerlund
Seller's Agent in 2025
Aaron Ackerlund
Keller Williams Realty GDM
(515) 314-9667
43 in this area
216 Total Sales
-
Deb Stokka
D
Buyer's Agent in 2025
Deb Stokka
RE/MAX
(515) 238-6210
1 in this area
62 Total Sales
Map
Source: Des Moines Area Association of REALTORS®
MLS Number: 707873
APN: 088226361386114
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