$148,000
SOLD MAR 3, 2026

618 S Union St Madrid, IA 50156

Madrid Area
2 Beds
2 Baths
1,118 Sq Ft
8,712 Sq Ft Lot

Sale Details

Date Sold: March 3, 2026

$132 Per Sq Ft

6% Below List Price

51 Days on Market

Highlights

  • Ranch Style House
  • No HOA
  • Forced Air Heating and Cooling System

About This Home

As of March 2026

Discover charm and convenience in this well-maintained 2-bedroom ranch, perfectly suited for comfortable living. This home features low-maintenance siding, several new windows, and a newer roof, offering peace of mind for years to come. Inside, the spacious primary bedroom stands out with a generous walk-in closet and its own full en-suite bath, while guests will appreciate the additional 3/4 bathroom. A nicely landscaped yard enhances the exterior, providing an inviting space for outdoor enjoyment. The property also includes a two-car detached garage, offering ample storage and parking. Move-in ready and thoughtfully cared for, this home is an excellent opportunity to enjoy easy, single-level living.

Last Agent to Sell the Property

Benjamin Nerem

Nerem & Assoc. Listed on: 11/18/2025

Last Buyer's Agent

Denice Powell

Lake Panorama Realty

Range of Values:

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Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,612

Year Built

  • Built in 1936

Home Design

  • 1,118 Sq Ft Home
  • Ranch Style House
  • Block Foundation
  • Asphalt Shingled Roof

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Parking

  • 2 Car Detached Garage
  • Driveway

Utilities

  • Forced Air Heating and Cooling System

Additional Features

  • Unfinished Basement

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 088226361486029

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,612

Year Built

Built in 1936

Lot Details

8,712 Sq Ft Lot

Listing Details

  • Property Type: Residential
  • Property Subtype: Residential
  • Style: Ranch
  • Lp Amt Sq Ft: 141.32
  • Natl Assocof Home Builders: No
  • Sp Amt Sq Ft: 132.38
  • Termite: Follow Showing Instructions
  • Year Built: 1936
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • First Floor Full Bathrooms: 2
  • Basement Description: Unfinished
  • Living Area Sq Ft: 1118
  • Total Sq Ft: 1118

Exterior Features

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

Garage/Parking

  • Driveway: Asphalt
  • Garage Sq Ft: 576
  • Garage: 2 Detached

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

  • Assessor Parcel Number: 088226361486029
  • Zoning: Res

Multi Family

  • Geo Solar Thermal: No

Tax Info

  • Gross Taxes: 2612.00
  • Net Taxes: 2612.00

MLS Schools

  • School District: Madrid

Ownership 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 Name Owned For Owner Type

Purchase Details

Listed on
Nov 18, 2025
Closed on
Feb 26, 2026
Sold by
Bought by
Seller's Agent
Benjamin Nerem
Nerem & Assoc.
Buyer's Agent
Denice Powell
Lake Panorama Realty
List Price
$158,000
Sold Price
$148,000
Premium/Discount to List
-$10,000
-6.33%
Views
58
Current Estimated Value
$163,704

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$15,704
Avg. Annual Appreciation
23.93%
Original Mortgage
$143,560
Outstanding Balance
$143,136
Interest Rate
6.09%
Mortgage Type
New Conventional
Estimated Equity
$20,568

Purchase Details

Closed on
Dec 22, 2011
Sold by
Bought by

Purchase Details

Closed on
Jun 3, 2009
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$95,880
Interest Rate
4.83%
Mortgage Type
New Conventional
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Madrid, IA

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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
Fiduciary Deed $148,000 None Listed On Document
Warranty Deed $72,000 None Available
Warranty Deed $92,000 --
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 $143,560 New Conventional
Previous Owner $95,880 New Conventional
Previous Owner $60,501 New Conventional
Source: Public Records

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
03/03/2026 03/03/26 Sold $148,000 -6.3% $132 / Sq Ft
01/08/2026 01/08/26 Pending -- -- --
11/18/2025 11/18/25 For Sale $158,000 -- $141 / 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 $2,612 $156,900 $22,180 $134,720
2024 $2,612 $134,040 $15,840 $118,200
2023 $2,315 $134,040 $15,840 $118,200
2022 $2,310 $104,596 $15,840 $88,756
2021 $2,310 $104,596 $15,840 $88,756
2020 $2,270 $95,795 $9,504 $86,291
2019 $2,096 $95,795 $9,504 $86,291
2018 $2,013 $84,715 $0 $0
2017 $1,746 $72,263 $4,752 $67,511
2016 $1,721 $72,263 $4,752 $67,511
2015 $1,718 $72,263 $0 $0
2014 $1,680 $72,263 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Des Moines Area Association of REALTORS®

MLS Number: 730656

Des Moines Area Association of REALTORS®

APN: 088226361486029

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