Sold for $247,000

$247,000

240 Southern Prairie Dr, Madrid, IA 50156

3beds

965sqft

Single Family Residence

Built in 2015

10,454 Square Feet Lot

$250,500 Zestimate^®

$256/sqft

$1,520 Estimated rent

Home value

$250,500

Estimated sales range

Not available

$1,520/mo

Zestimate^® history

Owner options

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$1,520/mo

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$1,520/mo

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$1,729/mo

Est. payment

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$1,729/mo

Est. payment

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What's special

Ranch-style homeRebuilt upper deck floorTwo bathroomsNew hvacUpdated smoke alarmsThree bedroomsFully fenced backyard

Beautiful ranch-style home in the heart of Madrid featuring three bedrooms and two bathrooms. This well-maintained bi-attached offers a fully fenced backyard, a 2 car attached garage, storage shed and a nice list of updates including, new HVAC and humidifier (2024), backyard gazebo (2024), and a rebuilt upper deck floor (2024). Additional improvements include leaf guards installed in 2023, new toilets, updated smoke alarms and newer appliances. A blower was also recently added to the fireplace just in time for the colder weather. Enjoy the ease of a townhome/bi-attached living with NO HOA fees! Move-in ready!

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 2
Full bathrooms: 2
Main level bedrooms: 1

Heating

Forced Air, Gas, Natural Gas

Cooling

Central Air

Appliances

Included: Dryer, Dishwasher, Microwave, Refrigerator, Stove, Washer

Features

Basement: Finished
Number of fireplaces: 1
Fireplace features: Gas Log

Interior area

Total structure area: 965
Total interior livable area: 965 sqft
Finished area below ground: 735

Property

Parking

Total spaces: 2
Parking features: Attached, Garage, Two Car Garage
Attached garage spaces: 2

Features

Stories: 1
Fencing: Chain Link

Lot

Size: 10,454 Square Feet

Details

Parcel number: 088226364186127
Zoning: R

Construction

Type & style

Home type: SingleFamily
Architectural style: Ranch
Property subtype: Single Family Residence

Materials

Vinyl Siding
Foundation: Block
Roof: Asphalt,Shingle

Condition

Year built: 2015

Utilities & green energy

Sewer: Public Sewer
Water: Public

Community & HOA

HOA

Has HOA: No

Location

Region: Madrid

Financial & listing details

Price per square foot: $256/sqft
Tax assessed value: $245,660
Annual tax amount: $4,204
Date on market: 11/25/2025
Cumulative days on market: 16 days
Listing terms: Cash,Conventional,FHA,USDA Loan,VA Loan
Road surface type: Asphalt

Price history

Date	Event	Price
1/15/2026	Sold	$247,000-1.2%$256/sqft
Source: DMMLS #730994 Report a problem
12/12/2025	Pending sale	$249,900$259/sqft
Source: DMMLS #730994 Report a problem
11/25/2025	Listed for sale	$249,900+37.3%$259/sqft
Source: DMMLS #730994 Report a problem
4/8/2019	Sold	$182,000+8.4%$189/sqft
Source: Public Record Report a problem
4/1/2016	Sold	$167,900$174/sqft
Source: DMMLS #506959 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$4,204 +0.4%	$245,660 +2.5%
2024	$4,188 +3.9%	$239,676
2023	$4,030 +0%	$239,676 +25.2%
2022	$4,028 -11.1%	$191,384
2021	$4,532 +1.2%	$191,384 +1.3%
2020	$4,480 +11%	$188,978
2019	$4,036 +43.8%	$188,978 +10.1%
2018	$2,806 -27.3%	$171,663 +37.7%
2017	$3,862 +6336.7%	$124,639 +4834.2%
2016	$60	$2,526
2015	$60	$2,526