Easy Living Meets Small-Town Charm in Madrid, Iowa! Welcome to your next chapter in the heart of friendly, laid-back Madrid! This inviting split-foyer home offers 3 bedrooms and 2 bathrooms, featuring timeless hardwood and stylish tile flooring throughout. Whether you're looking for an affordable move-in-ready home or a canvas to customize into your dream space, this property delivers both comfort and opportunity. The main level offers a warm and functional layout with a cozy dining area, two well-sized bedrooms, convenient laundry space, and a three-quarter bath. A spacious mudroom and abundant built-in storage make everyday living a breeze. The lower level expands your options with a generous family room complete with wood burning stove, 3rd bedroom, a second 3/4 bath, and versatile space perfect for a home office, gym, or hobby room. Enjoy peaceful outdoor living with both a deck and patio area—ideal for entertaining or just soaking in the small-town serenity. The detached two-car garage adds extra storage and convenience, all situated on a generous corner lot. Nestled in the welcoming town of Madrid, you'll enjoy more independence and freedom to live life your way—without the noise and hustle of big-city living. Plus, you're just minutes from outdoor adventures on the High Trestle Trail, the natural beauty of Ledges State Park, and a quick commute to Ames or the Des Moines metro. Don't miss your chance to enjoy the best of both worlds: small-town charm with big potential. Schedule your showing today!
Sold for $214,000
$214,000
202 E 8th St, Madrid, IA 50156
3beds
1,126sqft
Single Family Residence, Residential
Built in 1967
9,583.2 Square Feet Lot
$217,800 Zestimate®
$190/sqft
$1,288 Estimated rent
Home value
$217,800
Estimated sales range
Not available
$1,288/mo
Zestimate® history
Owner options
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$1,512/mo
Est. payment
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Est. payment
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List your homeWhat's special
Deck and patio areaPeaceful outdoor livingAbundant built-in storageVersatile spaceConvenient laundry spaceCorner lotGenerous family room
Zillow last checked:
Listing updated:
Listed by:
The Engelman Team 515-232-6175,
Friedrich Iowa Realty
Bought with:
Kimberly Diane Olmstead, S66194
Agency Iowa
Source: CIBR,MLS#: 68436
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- 3/4 bathrooms: 2
Bedroom
- Level: Main
Bedroom 2
- Level: Main
Bedroom 3
- Level: Basement
Other
- Level: Main
Other
- Level: Basement
Dining room
- Level: Main
Family room
- Level: Basement
Kitchen
- Level: Main
Laundry
- Level: Main
Living room
- Level: Main
Other
- Level: Main
Office
- Description: or 4th Non-Conforming Bedroom
- Level: Basement
Utility room
- Level: Basement
Heating
- Hot Water
Cooling
- Window Unit(s), Whole House Fan
Appliances
- Included: Dryer, Microwave, Range, Refrigerator, Washer
- Laundry: Main Level
Features
- Ceiling Fan(s)
- Flooring: Luxury Vinyl, Hardwood, Carpet
- Basement: Full
- Has fireplace: Yes
- Fireplace features: Gas
Interior area
- Total structure area: 1,126
- Total interior livable area: 1,126 sqft
- Finished area below ground: 945
Property
Parking
- Parking features: Garage
- Has garage: Yes
Lot
- Size: 9,583 sqft
- Features: Level
Details
- Parcel number: 088226364186033
- Zoning: R
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence, Residential
Materials
- Foundation: Block, Tile
Condition
- Year built: 1967
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Location
- Region: Madrid
Price history
| Date | Event | Price |
|---|---|---|
| 1/8/2026 | Sold | $214,000-6.9%$190/sqft |
Source:  CIBR #68436 Report a problem | ||
| 11/6/2025 | Pending sale | $229,900$204/sqft |
Source:  DMMLS #726060 Report a problem | ||
| 9/11/2025 | Listed for sale | $229,900$204/sqft |
Source: CIBR #68436 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $3,568 -0.2% | $231,830 +12% |
| 2024 | $3,574 +2.8% | $207,059 |
| 2023 | $3,476 +0.1% | $207,059 +24.5% |
| 2022 | $3,474 -11.9% | $166,312 |
| 2021 | $3,944 +1.3% | $166,312 -3.9% |
| 2020 | $3,894 +11.3% | $173,039 |
| 2019 | $3,498 +14.4% | $173,039 +15.4% |
| 2018 | $3,058 -8.6% | $149,894 +11% |
| 2017 | $3,346 +11.5% | $135,094 |
| 2016 | $3,000 | $135,094 |
| 2015 | $3,000 +2.3% | $135,094 |
| 2014 | $2,932 +4.6% | $135,094 |
| 2013 | $2,804 +2.3% | -- |
| 2012 | $2,742 +10.7% | -- |
| 2011 | $2,476 +3.5% | -- |
| 2010 | $2,392 +6% | -- |
| 2009 | $2,256 +5.6% | -- |
| 2008 | $2,136 +3% | -- |
| 2007 | $2,074 | -- |
Find assessor info on the county website
Neighborhood: 50156
Nearby schools
GreatSchools rating
- 7/10Madrid Elementary SchoolGrades: K-5Distance: 0.5 mi
- 7/10Madrid Junior High SchoolGrades: 6-8Distance: 0.9 mi
- 8/10Madrid High SchoolGrades: 9-12Distance: 0.9 mi
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$217,800
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$222,156
- Iowa
- Boone County
- Madrid
- 50156
- 202 E 8th St
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