NOT LISTED FOR SALE

411 Springer Ct Madrid, IA 50156

Estimated Value: $81,000 - $245,000

0.2 Acre
$795,000 Price per Acre
8,818 Sq Ft Lot

Last Sold August 11, 2021

Last sale price $59,500

Est. 167% increase in value since last sale

Current estimated payment $848/month

146 Days on Market

About This Lot

As of August 2021

New residential subdivision in Madrid - walking distance to Madrid High School. This lot backs up to the pond.

Last Agent to Sell the Property

Justin Dodge

Hunziker & Assoc.-Ames License #B68264 Listed on: 08/20/2020

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $54

Lot Details

  • 8,818 Sq Ft Lot
  • Lot Dimensions are 70' x 137'
  • Level Lot
  • Property is zoned R-4

Outdoor Features

  • Property is near a pond

Utilities

  • Gas Available
  • Phone Available
  • Cable TV Available

Property Details

Property Type

Land

Est. Annual Taxes

$54

Lot Details

0

Listing Details

  • Property Sub Type: Residential
  • Prop. Type: Land
  • Lot Size Acres: 0.2
  • Lot Size: 70' X 137'
  • Road Surface Type: Hard Surface
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • Terrain:Level: Yes
  • Utilities Available:Cable: Yes
  • Utilities Available:Electric3: Yes
  • Utilities Available:Gas2: Yes
  • Utilities Available:Telephone: Yes
  • Terrain:Ponds: Yes
  • Special Features: None

Exterior Features

  • Lot Features: Ponds, Level

Utilities

  • Sewer: Public Sewer
  • Utilities: Natural Gas Available, Phone Available, Electricity Available, Cable Available
  • Water Source: Public

Schools

  • Junior High Dist: Madrid

Lot Info

  • Lot Size Sq Ft: 8818.0
  • Zoning: R-4
  • ResoLotSizeUnits: SquareFeet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 15, 2025
Sold by
Happe Homes Llp
Bought by
Gladiator Homes Llc
Current Estimated Value
$159,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$336,000
Outstanding Balance
$335,706
Interest Rate
6.67%
Mortgage Type
Construction
Estimated Equity
-$176,706

Purchase Details

Closed on
Nov 30, 2021
Sold by
Happe Homes Llp
Bought by
Borcherding Diana and Borcherding Michael
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Gladiator Homes Llc -- None Listed On Document
Gladiator Homes Llc -- None Listed On Document
Borcherding Diana $398,000 Rowe James G
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gladiator Homes Llc $336,000
Closed Gladiator Homes Llc $336,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/11/2021 08/11/21 Sold $59,500 -8.3% --
01/14/2021 01/14/21 Pending -- -- --
08/20/2020 08/20/20 For Sale $64,900 -- --
Source: Central Iowa Board 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
2025 $54 $22,640 $22,640 $0
2024 $54 $2,808 $2,808 $0
2023 $67 $2,808 $2,808 $0
2022 $62 $2,808 $2,808 $0
2021 $62 $2,808 $2,808 $0
Source: Public Records

Agents Affiliated with this Home

  • Justin Dodge

    Seller's Agent in 2021

    Justin Dodge

    Hunziker & Assoc.-Ames

    (515) 239-8676

    32 in this area

    36 Total Sales

    Justin Dodge
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Map

Source: Central Iowa Board of REALTORS®

MLS Number: 55737

APN: 088225303386180

Iowa Boone County Madrid 50156

411 Springer Ct, Madrid, IA

This home is located at 411 Springer Ct, Madrid, IA 50156 since 20 August 2020 and is currently estimated at $159,000. 411 Springer Ct is a home located in Boone County with nearby schools including Madrid Elementary School and Madrid Junior High School.

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