New construction

$389,900

242 N Madison Ave, North Liberty, IA 52317

3beds

1,987sqft

$3,047/mo

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Condominium, Residential

Built in 2024

-- sqft lot

$388,700 Zestimate^®

$196/sqft

$-- HOA

What's special

Rear deckWalk-in closetOpen floor planStainless steel appliancesQuartz kitchen countersStained cabinetsFamily room

Ranch Condo in the new Water Tower Place Development offers an open floor plan, attached 2 stall garage, main floor primary bedroom with private bath and a walk-in closet, 2nd bedroom and main floor bath off of entry, dining area walks out to the rear deck and the lower level is finished with a 3rd bedroom, family room, bath and large utility/storage room. Finishes feature quartz kitchen counters, stainless steel appliances, stained cabinets, white base/trim/interior doors, black lighting fixtures and door hardware, black kitchen and bath fixtures, LVP and carpet, microwave vented to the outside, electric fireplace. *Pictures are of similar property 260 / 262 Madison*

11 days
155
14

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 3
Full bathrooms: 3

Rooms

Room types: Family Room, Living Room Dining Room Combo, Primary Bath

Heating

Natural Gas, Forced Air

Cooling

Central Air

Appliances

Included: Dishwasher, Plumbed For Ice Maker, Microwave, Range Or Oven, Refrigerator
Laundry: Main Level

Features

High Ceilings, Vaulted Ceiling(s), Primary On Main Level, Zero Step Entry, Breakfast Bar
Flooring: Carpet, LVP
Basement: Concrete,Sump Pump,Finished,Full
Number of fireplaces: 1
Fireplace features: Living Room, Electric

Interior area

Total structure area: 1,987
Total interior livable area: 1,987 sqft
Finished area above ground: 1,235
Finished area below ground: 752

Property

Parking

Total spaces: 2
Parking features: Garage - Attached
Has attached garage: Yes

Features

Patio & porch: Deck

Details

Parcel number: 0610481012
Zoning: Residential
Special conditions: Standard

Construction

Type & style

Home type: Condo
Property subtype: Condominium, Residential
Attached to another structure: Yes

Materials

Stone, Vinyl, Composit, Frame

Condition

New Construction
New construction: Yes
Year built: 2024

Details

Builder name: Polly Riggan Construction

Utilities & green energy

Sewer: Public Sewer
Water: Public

Green energy

Indoor air quality: Passive Radon

Community & HOA

Community

Features: Pet Policy, Sidewalks, Near Shopping, Close To School
Security: Carbon Monoxide Detector(s), Smoke Detector(s)
Subdivision: Water Tower Pl

HOA

Has HOA: Yes
Services included: Other

Location

Region: North Liberty

Financial & listing details

Price per square foot: $196/sqft
Tax assessed value: $378,800
Annual tax amount: $6
Date on market: 9/23/2026
Listing terms: Cash,Conventional

Estimated market value

$388,700

$369,000 - $408,000

$2,745/mo

Price history

Date	Event	Price
9/23/2026	Listed for sale	$389,900$196/sqft
Source: Iowa City Area AOR #202605709 Report a problem
9/17/2025	Listing removed	$389,900$196/sqft
Source: Iowa City Area AOR #202502417 Report a problem
4/10/2025	Listed for sale	$389,900$196/sqft
Source: Iowa City Area AOR #202502417 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$6 -0.8%	$378,800 +126166.7%
2024	$6	$300

Find assessor info on the county website

Monthly payment

Est. payment

Payment breakdown

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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included

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.

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Climate risks

Neighborhood: 52317

Getting around

19 / 100

Car-Dependent

38 / 100

Somewhat Bikeable

Nearby schools

GreatSchools rating

8/10
North Bend Elementary School
Grades: K-3Distance: 0.7 mi
9/10
Clear Creek Amana Middle School
Grades: 6-8Distance: 3.2 mi
7/10
Clear Creek Amana High School
Grades: 9-12Distance: 3.4 mi

Schools provided by the listing agent

Elementary: ClearCreek
Middle: ClearCreek
High: ClearCreek

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