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Sold for $850,000
  • $850,000

    1484 263rd Ln, Madrid, IA 50156

    5beds
    2,683sqft
    Single Family Residence, Residential
    Built in 2022
    5 Acres Lot
    $852,800 Zestimate®
    $317/sqft
    $3,058 Estimated rent

    Home value

    $852,800

    Estimated sales range

    Not available

    $3,058/mo

    Zestimate® history
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    What's special

    Private backyard and trees
    This stunning 5 bedroom, 4 bathroom home is truly one of a kind. It sits on more than 5 acres of beautiful land just South of Ledges State Park. This gem of a custom home offers 3,838 finished square feet of gorgeous living space plus an amazing 1,048 square feet of oversized, heated, attached 3-car garage space. The 30' x 48' metal building, which includes a 48' covered porch and an overhead door, has endless uses. This home features a budget-friendly, three-zone geothermal heating and cooling system. The open layout is spacious and full of incredible natural light, making family time or entertaining memorable. Enjoy the private backyard and trees while lounging on the 12' x 12' covered deck.There is also a designated office space on the main level and a fantastic mudroom with built-ins that serves as the perfect drop zone for coats, shoes, and backpacks. Finishes have been methodically selected down to the light fixtures, passive radon system, air-to-air exchanger, pop-up kitchen outlets, pocket doors, soapstone and Quartz countertops, wood beams and much more. The main level stone gas fireplace with built-ins on each side, serves as the focal point of the living room. The primary suite is a retreat in itself, featuring a huge full bath complete with a luxurious herringbone-patterned walk-in shower, an oversized soaking tub, a double vanity, and a large walk-in closet. The upper level laundry room is a dream and also offers an extensive built-in desk for art, homework, or hobbies. The finished lower level provides a family room with a wet bar, two bedrooms, a bath, and ample storage. You will also fall in love with the landscaping and approximately 60 newly planted trees. We are excited for you to tour this property because there is much to see.

    Zillow last checked:

    Listing updated:

    Listed by:

    Gale & Ryan Gehling Team 515-233-9100,

    Keller Williams Ames

    Bought with:

    Jason Miller, S60465

    Weichert, Realtors®-Miller & Clark Agency

    Source: CIBR,MLS#: 69997MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 4
    • Full bathrooms: 3
    • 1/2 bathrooms: 1
    Primary bedroom
    • Level: Upper
    Bedroom 2
    • Level: Upper
    Bedroom 3
    • Level: Upper
    Bedroom 4
    • Level: Basement
    Bedroom 5
    • Level: Basement
    Primary bathroom
    • Level: Upper
    Half bathroom
    • Level: Main
    Full bathroom
    • Level: Upper
    Full bathroom
    • Level: Basement
    Family room
    • Level: Basement
    Other
    • Level: Main
    Kitchen
    • Level: Main
    Laundry
    • Level: Upper
    Living room
    • Level: Main
    Other
    • Level: Main
    Office
    • Level: Main
    Utility room
    • Level: Basement
    Heating
    • Geothermal, Heat Rcvry/Vent Sys
    Cooling
    • Geothermal
    Appliances
    • Included: Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Washer
    Features
    • Wet Bar, Ceiling Fan(s)
    • Flooring: Luxury Vinyl, Carpet
    • Windows: Window Treatments
    • Basement: Full,Sump Pump
    • Has fireplace: Yes
    • Fireplace features: Gas
    Interior area
    • Total structure area: 2,683
    • Total interior livable area: 2,683 sqft
    • Finished area below ground: 1,155

    Property

    Parking
    • Parking features: Garage
    • Has garage: Yes
    Features
    • Patio & porch: Patio
    • Fencing: Invisible
    Lot
    • Size: 5 Acres
    • Features: Level
    Details
    • Additional structures: Machine Shed
    • Parcel number: 088326281400009
    • Zoning: R Residential
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence, Residential
    Materials
    • Stone
    • Foundation: Concrete Perimeter, Tile
    Condition
    • Year built: 2022
    Details
    • Builder name: Prestige

    Utilities & green energy

    • Sewer: Septic Tank
    • Water: Rural
    Green energy
    • Indoor air quality: Radon Mitigation System - Active

    Community & HOA

    HOA
    • Has HOA: No
    Location
    • Region: Madrid

    Financial & listing details

    • Price per square foot: $317/sqft
    • Tax assessed value: $631,800
    • Annual tax amount: $5,126
    • Date on market: 4/24/2026
    • Road surface type: Gravel

    Price history

    DateEventPrice
    7/17/2026Sold$850,000-2.2%$317/sqft
    Source: CIBR #69997 Report a problem
    5/1/2026Price change$869,000-2.2%$324/sqft
    Source: CIBR #69997 Report a problem
    4/24/2026Listed for sale$889,000$331/sqft
    Source: CIBR #69997 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$5,126 +4.7%$626,567 +11.6%
    2024$4,896 $561,466 -0.9%
    2023-- $566,699 +498.5%
    2022$126 +5%$94,686 +1172.5%
    2021$120 $7,441
    Find assessor info on the county website

    Neighborhood: 50156

    Nearby schools

    GreatSchools rating
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