Roger Wheeler
CENTURY 21 SIGNATURE-Ames
(515) 461-6831
326 Total Sales
4 in Madrid
$200K - $265K Price Range
715 E 1st St Madrid, IA 50156
Madrid AreaEstimated Value: $156,000 - $165,818
2
Beds
2
Baths
1,064
Sq Ft
$150/Sq Ft
Est. Value
Highlights
- Deck
- No HOA
- Forced Air Heating and Cooling System
- Wood Flooring
- Formal Dining Room
- Family Room
About This Home
As of March 2026Welcome 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.
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Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,592
Year Built
- Built in 1910
Lot Details
- 0.45
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
- 19,602 Sq Ft Lot
- Forced Air Heating and Cooling System
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number 088225312286021
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
Feb 12, 2026
Closed on
Mar 23, 2026
Sold by
Bought by
Seller's Agent
Bo Cosens
RE/MAX Precision
Buyer's Agent
Misty Darling
BH&G Real Estate Innovations
List Price
$159,900
Sold Price
$161,900
Premium/Discount to List
$2,000
1.25%
Views
21
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$2,195
Avg. Annual Appreciation
-3.20%
Original Mortgage
$8,095
Outstanding Balance
$7,340
Interest Rate
6.09%
Estimated Equity
$152,365
Purchase Details
Listed on
Sep 14, 2023
Closed on
Sep 28, 2023
Sold by
Bought by
Seller's Agent
James Horstman
Hunziker & Associates, Inc.
Buyer's Agent
Donald Lincoln
Nerem & Assoc.
List Price
$130,000
Sold Price
$130,000
Views
6
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.29%
Purchase Details
Closed on
Feb 23, 2018
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
$78,551
Interest Rate
4.25%
Mortgage Type
FHA
Purchase Details
Listed on
Feb 18, 2015
Closed on
Apr 28, 2015
Sold by
Bought by
Seller's Agent
Donald Lincoln
Nerem & Associates
Buyer's Agent
Jim Horstman
Friedrich Realty
List Price
$94,500
Sold Price
$89,750
Premium/Discount to List
-$4,750
-5.03%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.23%
Original Mortgage
$64,750
Interest Rate
3.68%
Mortgage Type
Future Advance Clause Open End Mortgage
Purchase Details
Closed on
Mar 15, 2011
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
$72,526
Interest Rate
4.99%
Mortgage Type
VA
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Madrid, IA
-
Roger Wheeler
-
Brett Mount
Brett Mount
RE/MAX Concepts-Ames
(515) 305-3680
50 Total Sales
1 in Madrid
$285,450 Price
-
Chris Kew
Chris Kew
RE/MAX Precision
(515) 500-2960
282 Total Sales
4 in Madrid
$145K - $235K Price Range
-
Liz Lashier
Liz Lashier
NextHome Your Way
(515) 512-4526
153 Total Sales
1 in Madrid
$372,500 Price
-
Cody Greenfield
Cody Greenfield
RE/MAX Real Estate Center
(515) 686-6406
166 Total Sales
2 in Madrid
$189,500 Price Range
-
James Horstman
James Horstman
Hunziker & Associates, Inc.
(515) 305-3017
168 Total Sales
2 in Madrid
$130,000 Price Range
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 | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $162,000 | None Listed On Document | ||
| $130,000 | None Listed On Document | ||
| $79,500 | -- | ||
| $90,000 | None Available | ||
| $71,000 | -- |
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 | Borrower | Loan Amount |
|---|---|---|---|
| Open | $8,095 | ||
| Open | $158,967 | ||
| Previous Owner | $103,200 | ||
| Previous Owner | $78,551 | ||
| Previous Owner | $64,750 | ||
| Previous Owner | $72,526 | ||
| Previous Owner | $72,526 |
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 | Prior Sale |
|---|---|---|---|---|---|
| 03/24/2026 03/24/26 | Sold | $161,900 | +1.3% | $152 / Sq Ft | |
| 02/18/2026 02/18/26 | Pending | -- | -- | -- | |
| 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 |
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 | $2,592 | $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 |
Source: Public Records
Agents Affiliated with this Home
-
Bo Cosens
Seller's Agent in 2026
Bo Cosens
RE/MAX
(515) 360-4401
172 Total Sales
-
Misty Darling
Buyer's Agent in 2026
Misty Darling
BH&G Real Estate Innovations
(515) 414-0059
1,882 Total Sales
-
James Horstman
Seller's Agent in 2023
James Horstman
Hunziker & Associates, Inc.
(515) 720-7859
168 Total Sales
-
Donald Lincoln
DL
Buyer's Agent in 2023
Donald Lincoln
Nerem & Assoc.
(515) 205-6233
37 Total Sales
-
JH
Buyer's Agent in 2015
Jim Horstman
Friedrich Realty
Map
Source: Des Moines Area Association of REALTORS®
MLS Number: 734308
APN: 088225312286021
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.
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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