Skip main navigation
Pending
    • $590,000

    2050 S Ave, Madrid, IA 50156

    3beds
    1,481sqft
    : 
    $4,119/mo
    Get pre-qualified
    Single Family Residence
    Built in 1895
    -- sqft lot
    $-- Zestimate®
    $398/sqft
    $-- HOA

    What's special

    Several useable outbuildingsOak trimUpdated kitchenPella windowsGarden shedLarge kitchenLarge garden spot
    Rare Opportunity to own a small Hobby farm in Boone County. Located on a paved road this Farm is just under 20 acres with 17.44 acres ML in tillable ground. Prime crop ground with a CSR 2 Rating of 88.37. The building site is 2.06 acres. The House has 3 bedrooms, large kitchen, single bath, living room, 1st floor laundry, and just over 1480 Sq. Ft. of finished living area. The basement is used for storage. Updates include Pella windows, updated kitchen, drywall, oak trim, bedroom / bath addition, and Xenia Rural Water. The Farm has been in the same family for 81 years and has been well maintained. A new septic system will be installed. There are several useable outbuildings to include two car garage, 20x 40 machine shed, 22x 24 poultry house, 16x14 storage shed and a garden shed. Everything you need to start your Hobby Farm! You could be self sufficient with a large garden spot and several fruit trees on the acreage. Located in the Madrid school district with an easy commute to Boone, Ames and Des Moines Metro area. This could be your life time home.
    26 days
    268
    6

    Zillow last checked:

    Listing updated:

    Listed by:

    Donald Lincoln (515)432-5650,

    Nerem & Assoc.,

    Source: DMMLS,MLS#: 747168MLS LogoOriginating MLS: Des Moines Area Association of REALTORS

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 3
      • Bathrooms: 1
      • Full bathrooms: 1
      • Main level bedrooms: 2
      Heating
      • Propane
      Cooling
      • Central Air
      Appliances
      • Included: Dryer, Refrigerator, Stove, Washer
      • Laundry: Main Level
      Features
      • Eat-in Kitchen, Window Treatments
      • Flooring: Carpet
      • Basement: Partial,Unfinished
      Interior area
      • Total structure area: 1,481
      • Total interior livable area: 1,481 sqft
      • Finished area below ground: 0

      Property

      Parking
      • Total spaces: 2
      • Parking features: Detached, Garage, Two Car Garage
      • Garage spaces: 2
      Features
      • Levels: One and One Half
      • Stories: 1.5
      • Patio & porch: Deck
      • Exterior features: Deck, Storage
      Details
      • Additional structures: Outbuilding, Storage
      • Parcel number: O8822518200003
      • Zoning: AG

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: One and One Half Story
      • Property subtype: Single Family Residence
      Materials
      • Vinyl Siding
      • Foundation: Block, Stone
      • Roof: Asphalt,Shingle
      Condition
      • Resale
      • New construction: No
      • Year built: 1895

      Utilities & green energy

      • Sewer: Septic Tank
      • Water: Rural

      Community & HOA

      Community
      • Security: Smoke Detector(s)
      HOA
      • Has HOA: No
      Location
      • Region: Madrid

      Financial & listing details

      • Price per square foot: $398/sqft
      • Tax assessed value: $237,550
      • Annual tax amount: $2,839
      • Date on market: 8/11/2026
      • Cumulative days on market: 31 days
      • Listing terms: Cash,Conventional,FHA,USDA Loan,VA Loan
      • Road surface type: Concrete

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        8/16/2026Pending sale$590,000$398/sqft
        Source: DMMLS #747168 Report a problem
        8/12/2026Listed for sale$590,000$398/sqft
        Source: CIBR #70988 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$2,904 +4.3%$237,550 +10.9%
        2024$2,784 +8.4%$214,124
        2023$2,568 +2.8%$214,124 +31.2%
        2022$2,498 +7.7%$163,218
        2021$2,320 +1.8%$163,218 +11.8%
        2020$2,280 +9%$146,031
        2019$2,092 +4.8%$146,031 +2.8%
        2018$1,996 -4.2%$142,043 +0.4%
        2017$2,084 +12.3%$141,527 +5.8%
        2016$1,856 $133,707 -0.3%
        2015$1,856 +15%$134,113
        2014$1,614 +1.5%$134,113
        2013$1,590 +5.7%--
        2012$1,504 -2.6%--
        2011$1,544 +4%--
        2010$1,484 +10.6%--
        2009$1,342 +3.7%--
        2008$1,294 +7.1%--
        2007$1,208 --
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        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.
        See how much you could borrow to make a competitive offer.
        Get pre-qualified

        Climate risks

        Neighborhood: 50156

        Getting around

        0 / 100
        Car-Dependent
        26 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • District: Madrid

        Source: DMMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

        A local agent can set up tours, give advice and negotiate with sellers.

        Browse local experts

        Similar homes

            Nearby cities

            Nearby zip codes

            Other Madrid Topics

              Search
              Updates
              Favorites
              Plan
              Inbox