509 E 1st St Madrid, IA 50156
Estimated payment $1,056/month
Highlights
- Ranch Style House
- Formal Dining Room
- Forced Air Heating and Cooling System
- No HOA
- Outdoor Storage
- Carpet
About This Home
Welcome to this cute home that offers a 2-bedroom, 1-bath ranch-style home full of character and comfort. You'll love the timeless charm of arched doorways that add a unique touch to the interior. The living areas feature plush carpeting for a warm, inviting feel, while the kitchen offers a stylish tile backsplash and includes both the refrigerator and stove—making it move-in ready! This home has efficient gas-forced air heat and central air conditioning to keep you comfortable year-round. One of the standout features is the all-new windows installed in March 2025, bringing in abundant natural light while enhancing energy efficiency. Outdoor enthusiasts will appreciate the easy access to the High Trestle Trail, which is perfect for biking, walking, and enjoying the area's scenic beauty.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,003
Year Built
- Built in 1920
Parking
- Gravel Driveway
Home Design
- Ranch Style House
- Brick Foundation
- Asphalt Shingled Roof
- Stucco
Interior Spaces
- 828 Sq Ft Home
- Formal Dining Room
- Fire and Smoke Detector
- Stove
- Unfinished Basement
Flooring
- Carpet
- Vinyl
Bedrooms and Bathrooms
- 2 Main Level Bedrooms
- 1 Full Bathroom
Additional Features
- Outdoor Storage
- 0.26 Acre Lot
- Forced Air Heating and Cooling System
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number 088225312286102
Map
Home Values in the Area
Average Home Value in this Area
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 | $2,002 | $134,890 | $24,510 | $110,380 |
| 2024 | $2,002 | $102,783 | $17,510 | $85,273 |
| 2023 | $1,876 | $102,783 | $17,510 | $85,273 |
| 2022 | $1,860 | $84,560 | $17,510 | $67,050 |
| 2021 | $1,860 | $84,220 | $17,170 | $67,050 |
| 2020 | $1,808 | $76,297 | $12,019 | $64,278 |
| 2019 | $1,376 | $76,297 | $12,019 | $64,278 |
| 2018 | $1,328 | $55,634 | $0 | $0 |
| 2017 | $1,318 | $48,410 | $6,868 | $41,542 |
| 2016 | $1,160 | $48,410 | $6,868 | $41,542 |
| 2015 | $1,152 | $48,410 | $0 | $0 |
| 2014 | $1,124 | $48,410 | $0 | $0 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 11/02/2025 11/02/25 | Price Changed | $169,900 | -1.2% | $205 / Sq Ft | |
| 08/22/2025 08/22/25 | Price Changed | $172,000 | -3.9% | $208 / Sq Ft | |
| 06/25/2025 06/25/25 | Price Changed | $179,000 | -2.7% | $216 / Sq Ft | |
| 05/13/2025 05/13/25 | Price Changed | $184,000 | -2.6% | $222 / Sq Ft | |
| 04/07/2025 04/07/25 | Price Changed | $189,000 | -3.1% | $228 / Sq Ft | |
| 03/27/2025 03/27/25 | For Sale | $195,000 | +195.5% | $236 / Sq Ft | |
| 06/22/2017 06/22/17 | Sold | $66,000 | -11.9% | $80 / Sq Ft | View Prior Sale |
| 05/16/2017 05/16/17 | Pending | -- | -- | -- | |
| 04/20/2017 04/20/17 | For Sale | $74,900 | -- | $90 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | -- | None Available | |
| Warranty Deed | $66,000 | None Available | |
| Special Warranty Deed | -- | -- | |
| Warranty Deed | $61,000 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $49,500 | New Conventional | |
| Previous Owner | $45,600 | New Conventional | |
| Previous Owner | $60,700 | New Conventional |
Source: Des Moines Area Association of REALTORS®
MLS Number: 714274
APN: 088225312286102
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