This 2-bedroom, 1.5-bath home offers just under 1,000 square feet of efficient living space and is located just a half block from the Madrid schools. The layout is practical and functional, making it a great option for a first-time homebuyer or an investor looking for a solid property in a strong location. With convenient access to schools and small-town amenities, this home provides an affordable opportunity to own in Madrid. Simple, efficient, and well located, this one is worth a look.
All information obtained from seller and public record.
Sold for $145,000
$145,000
108 S Main St, Madrid, IA 50156
2beds
980sqft
Single Family Residence
Built in 1860
4,356 Square Feet Lot
$145,600 Zestimate®
$148/sqft
$1,156 Estimated rent
Home value
$145,600
Estimated sales range
Not available
$1,156/mo
Zestimate® history
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Zillow last checked:
Listing updated:
Listed by:
Bo Cosens 515-223-9492,
RE/MAX Precision
Bought with:
Chris Kew
RE/MAX Precision
Source: DMMLS,MLS#: 732584
Originating MLS: Des Moines Area Association of REALTORS
Originating MLS: Des Moines Area Association of REALTORSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 1
- 1/2 bathrooms: 1
- Main level bedrooms: 2
Heating
- Forced Air, Gas, Natural Gas
Cooling
- Central Air
Appliances
- Included: Built-In Oven, Cooktop, Refrigerator
Features
- Dining Area
- Flooring: Carpet, Vinyl
- Basement: Crawl Space,Partial
Interior area
- Total structure area: 980
- Total interior livable area: 980 sqft
Property
Features
- Stories: 1
- Patio & porch: Covered, Deck
- Exterior features: Deck
Lot
- Size: 4,356 sqft
- Dimensions: 33 x 132
- Features: Rectangular Lot
Details
- Parcel number: 088226361286037
- Zoning: R
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Ranch
- Property subtype: Single Family Residence
Materials
- Wood Siding
- Foundation: Block, Stone
- Roof: Asphalt,Shingle
Condition
- Year built: 1860
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Security
- Security features: Smoke Detector(s)
Location
- Region: Madrid
Other
Other facts
- Listing terms: Cash,Conventional,FHA,USDA Loan,VA Loan
- Road surface type: Concrete
Price history
| Date | Event | Price |
|---|---|---|
| 5/29/2026 | Sold | $145,000+2.1%$148/sqft |
Source:  DMMLS #732584 Report a problem | ||
| 2/17/2026 | Pending sale | $142,000$145/sqft |
Source: DMMLS #732584 Report a problem | ||
| 1/9/2026 | Listed for sale | $142,000$145/sqft |
Source: DMMLS #732584 Report a problem | ||
| 1/6/2026 | Listing removed | $142,000$145/sqft |
Source: DMMLS #717003 Report a problem | ||
| 12/28/2025 | Price change | $142,000-6.6%$145/sqft |
Source: DMMLS #717003 Report a problem | ||
| 7/18/2025 | Price change | $152,000-4.9%$155/sqft |
Source: DMMLS #717003 Report a problem | ||
| 6/26/2025 | Price change | $159,900-3%$163/sqft |
Source: DMMLS #717003 Report a problem | ||
| 4/30/2025 | Listed for sale | $164,900+135.9%$168/sqft |
Source: DMMLS #717003 Report a problem | ||
| 8/7/2019 | Sold | $69,900+39.8%$71/sqft |
Source: DMMLS #586354 Report a problem | ||
| 4/7/2015 | Sold | $50,000$51/sqft |
Source:  CIBR #41221 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,274 +3.2% | $102,290 +56.3% |
| 2024 | $1,234 +7.3% | $65,427 |
| 2023 | $1,150 | $65,427 +25.7% |
| 2022 | $1,150 -7.7% | $52,061 |
| 2021 | $1,246 +21.9% | $52,061 +0.3% |
| 2020 | $1,022 +19.7% | $51,921 |
| 2019 | $854 +36.9% | $51,921 +20.6% |
| 2018 | $624 -23.3% | $43,067 +25.4% |
| 2017 | $814 -0.5% | $34,331 -0.5% |
| 2016 | $818 | $34,501 |
| 2015 | $818 | $34,501 |
Find assessor info on the county website
Neighborhood: 50156
Nearby schools
GreatSchools rating
- 7/10Madrid Elementary SchoolGrades: K-5Distance: 0.1 mi
- 7/10Madrid Junior High SchoolGrades: 6-8Distance: 0.7 mi
- 8/10Madrid High SchoolGrades: 9-12Distance: 0.7 mi
Schools provided by the listing agent
- District: Madrid
Source: DMMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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$145,600
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- Iowa
- Boone County
- Madrid
- 50156
- 108 S Main St
Nearby cities
Nearby zip codes
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