118 N Kennedy Ave, Madrid, IA 50156

--beds

--baths

0.5Acres

Unimproved Land

Built in ----

0.5 Acres Lot

$-- Zestimate^®

$--/sqft

$-- HOA

What's special

Half-acre lot

Sitting at the busy intersection of Highway 210 and Highway 17 in growing community of Madrid, this half-acre lot offers prime visibility and endless potential. Currently zoned commercial. Bring your vision to one of Iowa's most traveled crossroads opportunities like this don't last long! All information obtained from seller and public records.

188 days

28

0

Facts & features

Property

Lot

Size: 0.5 Acres
Dimensions: .50
Features: Flat, Rectangular Lot

Details

Parcel number: 088226361186001
Zoning: R

Utilities & green energy

Sewer: Public Sewer
Water: Public

Community & HOA

Location

Region: Madrid

Financial & listing details

Tax assessed value: $23,550
Annual tax amount: $317
Date on market: 4/25/2025
Cumulative days on market: 439 days
Listing terms: Cash,Conventional,FHA,USDA Loan,VA Loan
Road surface type: Concrete

Estimated market value

Not available

Estimated sales range

Not available

Price history

Date	Event	Price
1/26/2026	Listed for sale	$225,000
Source: DMMLS #716663 Report a problem
1/1/2026	Listing removed	$225,000
Source: DMMLS #716663 Report a problem
4/25/2025	Listed for sale	$225,000+95.7%
Source: DMMLS #716663 Report a problem
8/15/2024	Sold	$115,000+233.3%
Source: Public Record Report a problem
1/10/2019	Sold	$34,500-42.5%
Source: Public Record Report a problem
6/26/2018	Listing removed	$60,000
Source: Larson Agency #49625 Report a problem
6/21/2018	Listed for sale	$60,000
Source: Larson Agency #49625 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$328 +3.1%	$23,550 +40%
2024	$318 -14.5%	$16,820
2023	$372	$16,820
2022	$372 +31.9%	$16,820
2021	$282 -71.2%	$16,820 +42.9%
2020	$978 -52.8%	$11,774 -71.5%
2019	$2,074 +13.2%	$41,274 -50.8%
2018	$1,832 -7.8%	$83,870 +10.6%
2017	$1,988 +10.4%	$75,829
2016	$1,800	$75,829 +5.1%
2015	$1,800 +7.4%	$72,156
2014	$1,676 +4.2%	$72,156
2013	$1,608 +3.7%	--
2012	$1,550 -18.1%	--
2011	$1,892 +3.2%	--
2010	$1,834 +5.2%	--
2009	$1,744 +5.3%	--
2008	$1,656 +2.7%	--
2007	$1,612	--

Find assessor info on the county website

Monthly payment

Estimated monthly payment$1,822

Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included

All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.

HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.

Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.

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