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Sold for $322,000
  • $322,000

    1591 331st Dr, Madrid, IA 50156

    4beds
    1,065sqft
    Single Family Residence, Residential
    Built in 1971
    0.49 Acres Lot
    $324,400 Zestimate®
    $302/sqft
    $1,692 Estimated rent

    Home value

    $324,400

    Estimated sales range

    Not available

    $1,692/mo

    Zestimate® history
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    What's special

    Finished basement rec roomAmple storageStylish finishesBig deckNearly half-acre settingGorgeous kitchenNatural light
    Schedule your showing today on this beautifully updated ranch home! This move-in ready gem blends modern comfort with timeless charm, offering the perfect setting for everyday living and entertaining. Step inside to discover an open-concept main floor where natural light and thoughtful design create an inviting atmosphere. The gorgeous kitchen is truly the heart of the home, featuring stylish finishes, ample storage, and space made for gatherings big and small. Adjacent, the cozy living room centers around a warm fireplace with custom built-ins, ideal for relaxing evenings and quality time with loved ones. Outside, you'll love the big deck--an ideal spot to unwind and enjoy sunset views--while the nearly half-acre setting offers quiet living with plenty of room to add a workshop or extra outbuilding. With 4 bedrooms and 2 full baths, this home provides flexible living space for families, guests, or a home office. Downstairs, the finished basement rec room offers extra space for game nights, a home gym, or a media area, and it's been upgraded with all-new tile flooring. You'll also appreciate the peace of mind that comes with major updates, including a newer HVAC system plus a new sump pump and drainage system. Beautifully maintained and thoughtfully updated, this home is ready for you to move right in.

    Zillow last checked:

    Listing updated:

    Listed by:

    cia.rets.bettsteam,

    RE/MAX REAL ESTATE CENTER

    Bought with:

    NON- MEMBER

    CENTRAL IOWA BOARD OF REALTORS

    Source: CIBR,MLS#: 69220MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 2
    • Full bathrooms: 1
    • 3/4 bathrooms: 1
    Bedroom
    • Level: Main
    Bedroom 2
    • Level: Main
    Bedroom 3
    • Level: Basement
    Bedroom 4
    • Level: Basement
    Full bathroom
    • Level: Main
    Other
    • Level: Basement
    Kitchen
    • Level: Main
    Living room
    • Level: Main
    Rec room
    • Level: Basement
    Heating
    • Forced Air, Propane
    Cooling
    • Central Air
    Appliances
    • Included: Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Washer
    Features
    • Ceiling Fan(s)
    • Flooring: Luxury Vinyl, Carpet
    • Basement: Full
    • Has fireplace: Yes
    • Fireplace features: Gas
    Interior area
    • Total structure area: 1,065
    • Total interior livable area: 1,065 sqft
    • Finished area below ground: 928

    Property

    Parking
    • Parking features: Garage
    • Has garage: Yes
    Lot
    • Size: 0.49 Acres
    • Features: Level
    Details
    • Parcel number: 088226341150051
    • Zoning: Res
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence, Residential
    Materials
    • Fiber Cement Board
    • Foundation: Block
    Condition
    • Year built: 1971

    Utilities & green energy

    • Sewer: Septic Tank, Public Sewer

    Community & HOA

    HOA
    • Has HOA: No
    Location
    • Region: Madrid

    Financial & listing details

    • Price per square foot: $302/sqft
    • Tax assessed value: $284,670
    • Annual tax amount: $3,532
    • Date on market: 1/15/2026

    Price history

    DateEventPrice
    5/8/2026Sold$322,000-3.2%$302/sqft
    Source: CIBR #69220 Report a problem
    4/7/2026Pending sale$332,500$312/sqft
    Source: DMMLS #732516 Report a problem
    2/18/2026Price change$332,500-1.5%$312/sqft
    Source: DMMLS #732516 Report a problem
    1/15/2026Listed for sale$337,500+16.4%$317/sqft
    Source: DMMLS #732516 Report a problem
    7/29/2025Listing removed$2,500$2/sqft
    Source: Zillow Rentals Report a problem
    6/27/2025Listed for rent$2,500$2/sqft
    Source: Zillow Rentals Report a problem
    11/21/2024Sold$290,000-3.3%$272/sqft
    Source: DMMLS #704255 Report a problem
    10/17/2024Pending sale$300,000$282/sqft
    Source: DMMLS #704255 Report a problem
    9/20/2024Listed for sale$300,000-6.2%$282/sqft
    Source: DMMLS #704255 Report a problem
    6/18/2024Listing removed--
    Source: DMMLS #687248 Report a problem
    3/7/2024Price change$319,900-7.2%$300/sqft
    Source: CIBR #63773 Report a problem
    1/3/2024Listed for sale$344,900$324/sqft
    Source: CIBR #63773 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$3,532 $284,670 +1.6%
    2024-- $280,289 -4.4%
    2023$3,116 +2.2%$293,289 +28.2%
    2022$3,048 +4.7%$228,792
    2021$2,910 +1.1%$228,792 +10.9%
    2020$2,878 +3%$206,384
    2019$2,794 +0.4%$206,384 +7.5%
    2018$2,784 +0.1%$192,017 +1.9%
    2017$2,782 +20.6%$188,354 +18.3%
    2016$2,306 $159,205
    2015$2,306 +1.9%$159,205
    2014$2,262 +4.3%$159,205
    2013$2,168 +2.4%--
    2012$2,118 -6.5%--
    2011$2,266 +16.1%--
    2010$1,952 +6.6%--
    2009$1,832 +3%--
    2008$1,778 +0.9%--
    2007$1,762 --
    Find assessor info on the county website

    Neighborhood: 50156

    Nearby schools

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