Sold for $245,000

$245,000

16400 NW 114th St, Madrid, IA 50156

3beds

1,568sqft

Acreages

Built in 1995

5.38 Acres Lot

$243,300 Zestimate^®

$156/sqft

$2,123 Estimated rent

Home value

$243,300

$229,000 - $260,000

$2,123/mo

Zestimate^® history

Owner options

List your home for rent

$2,123/mo

Rent Zestimate^®

Find your next renter with Zillow Rental Manager. Plus, with online applications, you can quickly screen prospective tenants – for free.

Learn more

$2,123/mo

Rent Zestimate^®

Refinance and save

$1,344/mo

Est. payment

Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.

See today's rates

$1,344/mo

Est. payment

Explore your selling options

Work with a Zillow partner agent

Leverage their expertise and Zillow's premium Showcase listings to get your home seen by more buyers.

Get started

List with your own agent

Get your home in front of millions of buyers by listing it on Zillow.

Learn how to do it

Sell it yourself

Take full control of how buyers see your home on Zillow by listing For Sale by Owner (FSBO).

List your home

What's special

16400 NW 114th St, Madrid, IA 50156 is a single family home that contains 1,568 sq ft and was built in 1995. It contains 3 bedrooms and 2 bathrooms. This home last sold for $245,000 in June 2025. The Zestimate for this house is $243,300. The Rent Zestimate for this home is $2,123/mo.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 2
Full bathrooms: 2

Heating

Forced air, Gas

Cooling

Central

Features

1st Flr Laundry, Laminate Floors
Flooring: Laminate
Has fireplace: Yes

Interior area

Total interior livable area: 1,568 sqft

Property

Parking

Parking features: Garage - Attached

Features

Exterior features: Vinyl

Lot

Size: 5.38 Acres

Details

Parcel number: 28000058002002

Construction

Type & style

Home type: SingleFamily
Property subtype: Acreages

Materials

Foundation: Piers
Roof: Asphalt

Condition

Year built: 1995

Utilities & green energy

Sewer: Septic

Community & HOA

Location

Region: Madrid

Financial & listing details

Price per square foot: $156/sqft
Tax assessed value: $240,800
Annual tax amount: $3,662

Price history

Date	Event	Price
6/3/2025	Sold	$245,000+16.1%$156/sqft
Source: Public Record Report a problem
9/27/2019	Sold	$211,000-4%$135/sqft
Source: DMMLS #586039 Report a problem
7/29/2019	Pending sale	$219,900$140/sqft
Source: CENTURY 21 Signature Real Estate #586039 Report a problem
7/15/2019	Price change	$219,900-2.3%$140/sqft
Source: CENTURY 21 Signature Real Estate #586039 Report a problem
7/2/2019	Listed for sale	$225,000+20%$143/sqft
Source: Century 21 Signature #586039 Report a problem
11/3/2017	Sold	$187,500$120/sqft
Source: CIBR #48143 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$3,662 +1.9%	$240,800 +3.2%
2024	$3,594 +4.2%	$233,300
2023	$3,450 +1.2%	$233,300 +23.4%
2022	$3,408 +2.8%	$189,100
2021	$3,316 +0.9%	$189,100 +8.4%
2020	$3,286 +14.8%	$174,500
2019	$2,862 +2.1%	$174,500 +19.5%
2018	$2,802	$146,000
2017	$2,802 +64.8%	$146,000 +2.2%
2016	$1,700	$142,900 +1461.7%
2015	$1,700	$9,150