$335,000
$5K PRICE DROP

500 S Madison St Colfax, IA 50054

Estimated payment $2,297/month

Total Views 1,280
4 Beds
3 Baths
1,597 Sq Ft
$210 Price per Sq Ft

Highlights

  • Deck
  • Ranch Style House
  • No HOA
  • Recreation Room
  • Corner Lot
  • Den

About This Home

Welcome home to this beautifully maintained ranch-style property sitting on a large corner lot in the heart of Colfax. With a privacy-fenced yard, an attached 3-car garage, and a smart, functional layout, this home delivers the space, comfort, and convenience buyers are searching for. Step inside to an inviting main level featuring laundry on the main floor, an open and easy-flow layout, and plenty of natural light. With 3 bedrooms and 3 bathrooms, there’s room for everyone to spread out. The finished basement expands your living and entertainment options even more. You’ll find additional gathering space plus an extra finished area with an egress window, offering flexibility for a home office, workout room, playroom, or future bedroom. Outside, the corner lot provides great curb appeal and extra yard space, while the privacy fence creates a perfect setting for pets, play, or outdoor relaxation. This Colfax ranch blends practical features with room to grow and a fantastic opportunity for anyone wanting space and small-town living with quick access to amenities.

Listing Agent

Heather Rawlins

Iowa Realty Colfax Listed on: 05/06/2026

Iowa Realty Colfax

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,812

Year Built

  • Built in 1995

Lot Details

  • 15,825 Sq Ft Lot
  • Wood Fence
  • Corner Lot

Home Design

  • Ranch Style House
  • Traditional Architecture
  • Poured Concrete
  • Asphalt Shingled Roof
  • Vinyl Siding

Interior Spaces

  • 1,597 Sq Ft Home
  • Drapes & Rods
  • Family Room Downstairs
  • Dining Area
  • Den
  • Recreation Room
  • Fire and Smoke Detector
  • Partially Finished Basement

Kitchen

  • Built-In Oven
  • Cooktop
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Parking

  • 3 Car Attached Garage
  • Driveway

Additional Features

  • Deck
  • Forced Air Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 1112105001

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,812

Year Built

Built in 1995

Lot Details

0.36 Acres

Listing Details

  • Property Type: Residential
  • Property Subtype: Residential
  • Style: Ranch
  • Architecture: Traditional
  • Lp Amt Sq Ft: 209.77
  • Natl Assocof Home Builders: No
  • Termite: Call Listing Agent
  • Year Built: 1995
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: 1st Flr Laundry, Carpeting, Drapes/Curtains, Smoke Detector, Vinyl Floors
  • Total Bathrooms: 3.00
  • Full Bathrooms: 2
  • First Floor Full Bathrooms: 1
  • Lower Level Full Bathrooms: 1
  • Partial Bath Total: 1
  • Partial Bath 1st Floor: 1
  • Basement Description: Partial Finished
  • Dining Room: Dining Areas
  • Family Room: 1st Floor, Lower Level, Rec. Room
  • Other Rooms: Den
  • Included Items: Cooktop, Dishwasher, Dryer, Microwave, Refrigerator, Wall Oven, Washer
  • Living Area Sq Ft: 1597
  • Total Sq Ft: 1597

Exterior Features

  • Exterior: Vinyl Siding
  • Exterior Features: Deck
  • Fence Type: Wood
  • Foundation: Poured
  • Roof: Asphalt Shingle
  • Street Feature: Concrete
  • Trim: Oak

Garage/Parking

  • Driveway: Concrete
  • Garage: 3 Attached

Utilities

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

Condo/Co-op/Association

  • Association Fee: No

Lot Info

  • Acres: 0.3633
  • Lot Shape: Corner Lot
  • Assessor Parcel Number: 1112105001
  • 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: 5812.00
  • Net Taxes: 5812.00

MLS Schools

  • School District: Colfax-Mingo

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
Collateral Analytics

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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 $5,812 $337,110 $31,390 $305,720
2024 $5,812 $305,260 $31,390 $273,870
2023 $5,852 $305,260 $31,390 $273,870
2022 $4,958 $245,820 $31,390 $214,430
2021 $4,672 $220,840 $24,800 $196,040
2020 $4,672 $195,850 $17,350 $178,500
2019 $4,298 $170,520 $0 $0
2018 $4,298 $170,520 $0 $0
2017 $4,030 $170,520 $0 $0
2016 $4,030 $170,520 $0 $0
2015 $4,002 $170,520 $0 $0
2014 $3,808 $170,520 $0 $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/21/2026 05/21/26 Price Changed $335,000 -1.5% $210 / Sq Ft
05/06/2026 05/06/26 For Sale $340,000 +101.8% $213 / Sq Ft
07/08/2016 07/08/16 Sold $168,500 -0.9% $106 / Sq Ft View Prior Sale
05/19/2016 05/19/16 Pending -- -- --
03/29/2016 03/29/16 For Sale $170,000 -- $106 / 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 -- 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 $160,075 New Conventional
Source: Public Records

About the Listing Agent

Heather Rawlins

Iowa Realty Colfax

(515) 497-7859

Section Image

Hello there! I'm Heather Rawlins, and I'm thrilled to be your partner in the exciting world of real estate. With my unyielding passion for the industry and my unwavering dedication to my clients, I am your go-to realtor for all your buying, selling, and investing needs.

As a full-time real estate professional, I understand that finding the perfect home is more than just a transaction – it's about finding a place where memories are made and dreams come to life. Whether you're a first-time

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Source: Des Moines Area Association of REALTORS®

MLS Number: 740179

Des Moines Area Association of REALTORS®

APN: 11-12-105-001

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