$152,500
SOLD OCT 16, 2024

412 S Market St Madrid, IA 50156

2 Beds
1 Bath
936 Sq Ft
8,712 Sq Ft Lot

Recently Sold

$163 Per Sq Ft

5% Below List Price

9 Days on Market

Highlights

  • Ranch Style House
  • No HOA
  • Dining Area
  • Wood Flooring
  • Forced Air Heating and Cooling System
  • 3-minute walk to Jensen Park

About This Home

As of October 2024

Step into this delightful 2 bedroom, 1 bath bungalow. Built in 1915 and rich in character, the brick fireplace adds to its vintage appeal, while the open layout offers a modern touch. Original hardwood floors flow through the living spaces and the kitchen and bath are modernly updated. Relax in the enclosed porch or in the cozy, fenced backyard. 1 car detached garage provides additional storage. Don't overlook the timeless charm this home offers!

Last Agent to Sell the Property

Kim Olmstead

Agency Iowa Listed on: 09/09/2024

Last Buyer's Agent

Donald Lincoln

Larson Agency

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,085

Year Built

  • Built in 1915

Lot Details

  • 8,712 Sq Ft Lot
  • Property is zoned City

Home Design

  • Ranch Style House
  • Block Foundation
  • Asphalt Shingled Roof
  • Stucco

Interior Spaces

  • 936 Sq Ft Home
  • Wood Burning Fireplace
  • Dining Area
  • Stove
  • Unfinished Basement

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Parking

  • 1 Car Detached Garage
  • Gravel Driveway

Utilities

  • Forced Air Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 088226361386005

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,085

Year Built

Built in 1915

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Subtype: Residential
  • Style: Ranch
  • Lp Amt Sq Ft: 170.94
  • Natl Assocof Home Builders: No
  • Sp Amt Sq Ft: 162.93
  • Termite: Follow Showing Instructions
  • Year Built: 1915
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplace: Wood
  • Interior Amenities: 1st Flr Laundry, Hardwood Floors, Tile Floors
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • First Floor Full Bathrooms: 1
  • Basement Description: Unfinished
  • Sq Ft Bsmt: 936
  • Dining Room: Dining Areas
  • Included Items: Dryer, Refrigerator, Stove, Washer
  • Living Area Sq Ft: 936
  • Total Sq Ft: 936

Exterior Features

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

Garage/Parking

  • Driveway: Gravel
  • Garage: 1 Detached

Utilities

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

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: Madrid

Lot Info

  • Acres: 0.2000
  • Lot S F: 8712
  • Assessor Parcel Number: 088226361386005
  • Zoning: City

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: 2085.00
  • Net Taxes: 1888.00

MLS Schools

  • School District: Madrid

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 9, 2024
Closed on
Oct 14, 2024
Sold by
Gibbons Vickey
Bought by
Owensby Mark and Owensby Leah
Seller's Agent
Kim Olmstead
Agency Iowa
Buyer's Agent
Donald Lincoln
Larson Agency
List Price
$160,000
Sold Price
$152,500
Premium/Discount to List
-$7,500
-4.69%
Views
4
Current Estimated Value
$156,094

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,594
Avg. Annual Appreciation
2.62%
Original Mortgage
$136,800
Outstanding Balance
$135,496
Interest Rate
6.35%
Mortgage Type
New Conventional
Estimated Equity
$20,598
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 Type Sale Price Title Company
Warranty Deed $152,000 None Listed On Document
Warranty Deed $152,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $136,800 New Conventional
Closed $136,800 New Conventional
Previous Owner $63,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/16/2024 10/16/24 Sold $152,500 -4.7% $163 / Sq Ft
09/18/2024 09/18/24 Pending -- -- --
09/09/2024 09/09/24 For Sale $160,000 -- $171 / 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 $1,818 $117,235 $15,840 $101,395
2023 $1,888 $117,235 $15,840 $101,395
2022 $1,888 $94,435 $15,840 $78,595
2021 $1,888 $94,435 $15,840 $78,595
2020 $1,480 $71,215 $9,504 $61,711
2019 $1,222 $71,215 $9,504 $61,711
2018 $1,166 $57,888 $0 $0
2017 $876 $44,814 $4,752 $40,062
2016 $856 $44,814 $4,752 $40,062
2015 $858 $44,814 $0 $0
2014 $834 $44,814 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Kim Olmstead

    Seller's Agent in 2024

    Kim Olmstead

    Agency Iowa

    (515) 231-1607

    44 in this area

    143 Total Sales

    Kim Olmstead
    Section Image

  • D

    Buyer's Agent in 2024

    Donald Lincoln

    Larson Agency

    Section Image
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Map

Source: Des Moines Area Association of REALTORS®

MLS Number: 703503

Des Moines Area Association of REALTORS®

APN: 088226361386005

Iowa Boone County Madrid 50156

412 S Market St, Madrid, IA

This home is located at 412 S Market St, Madrid, IA 50156 and is currently priced at $152,500, approximately $162 per square foot. This property was built in 1915. 412 S Market St is a home located in Boone County with nearby schools including Madrid Elementary School and Madrid Junior High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Des Moines Area Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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