715 E 1st St Madrid, IA 50156
Estimated payment $1,048/month
Highlights
- Deck
- No HOA
- Forced Air Heating and Cooling System
- Wood Flooring
- Formal Dining Room
- Family Room
About This Home
Welcome to this charming two story home located in the heart of Madrid, Iowa, offering space, character, and future potential. Situated on a rare double lot totaling nearly half an acre, this property provides ample room for outdoor living, entertaining, and expansion opportunities. Inside, you will find beautiful original hardwood floors that add warmth and timeless appeal throughout much of the home. The functional layout includes two bedrooms and two bathrooms, with excellent potential to create a third bedroom on the main level to suit your needs.
The home also features a one car garage and generous yard. Whether you are looking for your first home, a growing family property, or an investment opportunity, this home offers flexibility and value. Enjoy small town living with convenient access to local schools, parks, and community amenities. Do not miss your chance to own this unique property with space, character, and room to grow in Madrid. All information obatined from seller and public record.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,592
Year Built
- Built in 1910
Home Design
- Brick Foundation
- Asphalt Shingled Roof
- Vinyl Siding
Interior Spaces
- 1,064 Sq Ft Home
- 2-Story Property
- Family Room
- Formal Dining Room
- Fire and Smoke Detector
- Stove
- Dryer
- Unfinished Basement
Flooring
- Wood
- Carpet
- Laminate
Bedrooms and Bathrooms
- 2 Bedrooms
Parking
- 1 Car Detached Garage
- Gravel Driveway
Additional Features
- Deck
- 0.45 Acre Lot
- Forced Air Heating and Cooling System
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number 088225312286021
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 | $2,592 | $160,020 | $36,160 | $123,860 |
| 2024 | $2,592 | $132,987 | $25,827 | $107,160 |
| 2023 | $2,217 | $132,987 | $25,827 | $107,160 |
| 2022 | $2,210 | $109,077 | $25,827 | $83,250 |
| 2021 | $2,210 | $109,077 | $25,827 | $83,250 |
| 2020 | $2,110 | $97,855 | $19,568 | $78,287 |
| 2019 | $1,684 | $97,855 | $19,568 | $78,287 |
| 2018 | $1,819 | $76,570 | $0 | $0 |
| 2017 | $1,418 | $58,661 | $11,182 | $47,479 |
| 2016 | $1,029 | $43,149 | $11,182 | $31,967 |
| 2015 | $1,026 | $43,149 | $0 | $0 |
| 2014 | -- | $43,149 | $0 | $0 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 02/12/2026 02/12/26 | For Sale | $159,900 | +23.0% | $150 / Sq Ft | |
| 10/04/2023 10/04/23 | Sold | $130,000 | 0.0% | $122 / Sq Ft | View Prior Sale |
| 09/14/2023 09/14/23 | Pending | -- | -- | -- | |
| 09/14/2023 09/14/23 | For Sale | $130,000 | +44.8% | $122 / Sq Ft | |
| 05/13/2015 05/13/15 | Sold | $89,750 | -5.0% | $94 / Sq Ft | View Prior Sale |
| 03/19/2015 03/19/15 | Pending | -- | -- | -- | |
| 02/18/2015 02/18/15 | For Sale | $94,500 | -- | $99 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $130,000 | None Listed On Document | |
| Warranty Deed | $79,500 | -- | |
| Warranty Deed | $90,000 | None Available | |
| Warranty Deed | $71,000 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $78,551 | FHA | |
| Previous Owner | $64,750 | Future Advance Clause Open End Mortgage | |
| Previous Owner | $72,526 | VA |
Source: Des Moines Area Association of REALTORS®
MLS Number: 734308
APN: 088225312286021
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