NOT LISTED FOR SALE

516 W First St Madrid, IA 50156

Madrid Area

Estimated Value: $234,000 - $276,000

3 Beds
2 Baths
1,666 Sq Ft
$151/Sq Ft Est. Value

Sale Details

Date Sold: November 17, 2025

Last sale price $250,000 $150 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $1,637 / mo

Highlights

  • Deck
  • No HOA
  • Forced Air Heating and Cooling System
  • Wood Flooring
  • Formal Dining Room
  • Family Room

About This Home

As of November 2025

24 hour sale

Last Agent to Sell the Property

Aaron Ackerlund

Keller Williams Realty GDM Listed on: 09/23/2025

Keller Williams Realty GDM

Last Buyer's Agent

Aaron Ackerlund

Keller Williams Realty GDM Listed on: 09/23/2025

Keller Williams Realty GDM

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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ICE

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Average Value
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List Price
Sold Price
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Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,258

Year Built

  • Built in 1898

Lot Details

  • 0.28

Home Design

  • Block Foundation
  • Stone Foundation
  • Asphalt Shingled Roof
  • Vinyl Siding

Interior Spaces

  • 1,666 Sq Ft Home
  • 1.5-Story Property
  • Family Room
  • Formal Dining Room
  • Fire and Smoke Detector
  • Laundry on main level
  • Unfinished Basement

Kitchen

  • Stove
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

Parking

  • 2 Car Detached Garage
  • Gravel Driveway

Additional Features

  • Deck
  • 12,408 Sq Ft Lot
  • Forced Air Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 088226362186021

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,258

Year Built

Built in 1898

Lot Details

0.28 Acres

Listing Details

  • Property Type: Residential
  • Property Subtype: Residential
  • Style: 1.5 Story
  • Lp Amt Sq Ft: 150.06
  • Natl Assocof Home Builders: No
  • Sp Amt Sq Ft: 150.06
  • Termite: Follow Showing Instructions
  • Year Built: 1898
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Interior Amenities: 1st Flr Laundry, Carpeting, Hardwood Floors, Smoke Detector
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • First Floor Full Bathrooms: 1
  • Second Floor Full Bathrooms: 1
  • Basement Description: Unfinished
  • Dining Room: Formal Dining Rm
  • Family Room: 1st Floor
  • Included Items: Dishwasher, Microwave, Refrigerator, Stove
  • Living Area Sq Ft: 1666
  • Total Sq Ft: 1666

Exterior Features

  • Exterior: Vinyl Siding
  • Exterior Features: Deck
  • Foundation: Concrete Block, Stone
  • Roof: Asphalt Shingle
  • Street Feature: Asphalt
  • Trim: Paint, Pine

Garage/Parking

  • Driveway: Gravel
  • Garage Sq Ft: 624
  • Garage: 2 Detached
  • Garage Parking Stalls: 2

Utilities

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

Condo/Co-op/Association

  • Association Fee: No

Green Features

  • Additional Green Features: No
  • ENERGYSTAR qualified New Home: No
  • HERS Rating: No
  • Leed For Homes: No
  • Solar: No

Lot Info

  • Lot S F: 12408
  • Lot Shape: Regular
  • Assessor Parcel Number: 088226362186021
  • Zoning: R

Multi Family

  • Geo Solar Thermal: No

Tax Info

  • Gross Taxes: 3257.69
  • Net Taxes: 3258.00
  • Tax Year: 2024

MLS Schools

  • School District: Madrid

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Madrid, IA

  • Nate Nerem Real Estate Agent - Nerem & Assoc.

    Nate Nerem

    Responds Quickly

    Nerem & Assoc.

    (515) 500-2756

    146 Total Sales

    6 in Madrid

    $218K - $300K Price Range

    Nate Nerem
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  • Roger Wheeler Real Estate Agent - CENTURY 21 SIGNATURE-Ames

    Roger Wheeler

    CENTURY 21 SIGNATURE-Ames

    (515) 461-6831

    326 Total Sales

    4 in Madrid

    $200K - $265K Price Range

    Roger Wheeler
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  • Brett Mount Real Estate Agent - RE/MAX Concepts-Ames

    Brett Mount

    RE/MAX Concepts-Ames

    (515) 305-3680

    50 Total Sales

    1 in Madrid

    $285,450 Price

    Brett Mount
     Section Image
  • Chris Kew Real Estate Agent - RE/MAX Precision

    Chris Kew

    RE/MAX Precision

    (515) 500-2960

    284 Total Sales

    4 in Madrid

    $145K - $235K Price Range

    Chris Kew
     Section Image
  • Liz Lashier Real Estate Agent - NextHome Your Way

    Liz Lashier

    NextHome Your Way

    (515) 512-4526

    153 Total Sales

    1 in Madrid

    $372,500 Price

    Liz Lashier
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  • Cody Greenfield Real Estate Agent - RE/MAX Real Estate Center

    Cody Greenfield

    RE/MAX Real Estate Center

    (515) 686-6406

    166 Total Sales

    2 in Madrid

    $189,500 Price Range

    Cody Greenfield
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Property 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 Event Price List to Sale Price per Sq Ft
11/17/2025 11/17/25 Sold $250,000 0.0% $150 / Sq Ft
09/23/2025 09/23/25 Pending -- -- --
09/23/2025 09/23/25 For Sale $250,000 -- $150 / Sq Ft
Source: Des Moines Area Association of REALTORS®

Tax 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.

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 $11,771 $165,218 $61,562 $103,656
2024 $10,924 $155,763 $58,039 $97,724
2023 $10,924 $140,403 $52,316 $88,087
2022 $11,289 $136,236 $57,472 $78,764
2021 $10,385 $131,692 $55,555 $76,137
2020 $10,049 $131,692 $55,555 $76,137
2019 $10,114 $131,076 $55,295 $75,781
2018 $11,455 $156,217 $60,541 $95,676
2017 $11,276 $155,316 $60,192 $95,124
2016 $10,863 $147,864 $57,304 $90,560
2015 $10,504 $137,382 $53,242 $84,140
2014 $11,356 $144,662 $57,043 $87,619
2012 $11,051 $145,506 $57,376 $88,130
Source: Public Records

Agents Affiliated with this Home

  • Aaron Ackerlund Real Estate Agent - Keller Williams Realty GDM

    Seller's Agent in 2025

    Aaron Ackerlund

    Keller Williams Realty GDM

    (515) 314-9667

    213 Total Sales

    Aaron Ackerlund
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Map

Source: Des Moines Area Association of REALTORS®

MLS Number: 726769

Des Moines Area Association of REALTORS®

APN: 088226362186021

Iowa Boone County Madrid 50156

516 W First St, Madrid, IA

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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