309 E 1st St, Madrid, IA 50156
What's special
Welcome to your private oasis in Madrid! It is incredibly rare to find a city home that offers both spacious interior living and an expansive outdoor retreat, making this beautifully maintained 3-bedroom, 2-bathroom residence a truly unique find. Inside, you will find a bright and airy floor plan featuring generous living areas with excellent natural light, perfect for both relaxing and entertaining. The three well-sized bedrooms offer plenty of flexibility for a growing family, guest quarters, or a dedicated home office. The true crown jewel of this property is the exceptionally large, unique lot—a literal needle in a haystack for the Madrid market. Step right off the back of the home onto a brand-new patio, your perfect spot for morning espresso, al fresco dining, or weekend barbecues. The patio overlooks a massive, fully fenced-in backyard that offers total privacy and security. This expansive green space is a completely blank canvas for whatever your heart desires, whether you want to cultivate a garden, create a secure play area, or give your pets room to roam. This home combines peaceful residential living with city convenience. Properties with this size lot and private outdoor space are a rare find and this one is priced aggressively for a quick sale. Schedule your viewing today before this incredible opportunity slips away!
- 145 days
- 339
- 29
Originating MLS: Des Moines Area Association of REALTORSTravel times
Living Room
Kitchen
Bedroom
Zillow last checked:
Listing updated:
Erin Rundall (515)326-0369,
Keller Williams Realty GDM,
Staci Burr 515-689-9226,
Keller Williams Realty GDM
Originating MLS: Des Moines Area Association of REALTORSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 1
- 3/4 bathrooms: 1
- Main level bedrooms: 1
Heating
- Forced Air, Gas, Natural Gas
Cooling
- Central Air
Appliances
- Included: Dryer, Dishwasher, Microwave, Refrigerator, Stove, Washer
- Laundry: Main Level
Features
- Dining Area, Window Treatments
- Flooring: Laminate, Tile
- Basement: Unfinished
Interior area
- Total structure area: 1,848
- Total interior livable area: 1,848 sqft
Video & virtual tour
Property
Parking
- Total spaces: 2
- Parking features: Detached, Garage, Two Car Garage
- Garage spaces: 2
Features
- Levels: Two
- Stories: 2
- Patio & porch: Covered, Deck, Open, Patio, Porch, Screened
- Exterior features: Deck, Enclosed Porch, Patio
- Fencing: Chain Link,Wood
Lot
- Size: 0.48 Acres
- Dimensions: 102 x 205
Details
- Parcel number: 088226361186021
- Zoning: Res
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Two Story
- Property subtype: Single Family Residence
Materials
- Vinyl Siding
- Foundation: Block
- Roof: Asphalt,Shingle
Condition
- Year built: 1900
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Security: Smoke Detector(s)
HOA
- Has HOA: No
Location
- Region: Madrid
Financial & listing details
- Price per square foot: $143/sqft
- Tax assessed value: $302,710
- Annual tax amount: $4,630
- Date on market: 5/22/2026
- Cumulative days on market: 145 days
- Listing terms: Cash,Conventional,FHA,VA Loan
- Road surface type: Concrete
Price history
| Date | Event | Price |
|---|---|---|
| 7/20/2026 | Price change | $264,900-1.9%$143/sqft |
Source:  DMMLS #741468 Report a problem | ||
| 5/22/2026 | Listed for sale | $269,900+22.7%$146/sqft |
Source: DMMLS #741468 Report a problem | ||
| 8/18/2021 | Sold | $220,000$119/sqft |
Source: DMMLS #630100 Report a problem | ||
| 6/25/2021 | Pending sale | $220,000$119/sqft |
Source: DMMLS #630100 Report a problem | ||
| 6/16/2021 | Price change | $220,000-1.8%$119/sqft |
Source: DMMLS #630100 Report a problem | ||
| 6/7/2021 | Price change | $224,000-2.2%$121/sqft |
Source: DMMLS #630100 Report a problem | ||
| 5/27/2021 | Listed for sale | $229,000+23.8%$124/sqft |
Source: DMMLS #630100 Report a problem | ||
| 3/24/2021 | Listing removed | -- |
Source: Owner Report a problem | ||
| 12/8/2017 | Sold | $185,000-3.9%$100/sqft |
Source:  CIBR #48380 Report a problem | ||
| 9/18/2017 | Listed for sale | $192,500+45.8%$104/sqft |
Source: Owner Report a problem | ||
| 5/16/2013 | Sold | $132,000$71/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $4,630 +3.3% | $302,710 +27.4% |
| 2024 | $4,480 +5.1% | $237,639 |
| 2023 | $4,264 | $237,639 +23% |
| 2022 | $4,264 -1.3% | $193,173 |
| 2021 | $4,322 +1.2% | $193,173 +7.2% |
| 2020 | $4,272 +38.1% | $180,251 |
| 2019 | $3,094 +22.7% | $180,251 +44.1% |
| 2018 | $2,522 -14.9% | $125,054 +19.8% |
| 2017 | $2,964 +19.6% | $104,407 |
| 2016 | $2,478 | $104,407 |
| 2015 | $2,478 +2.1% | $104,407 |
| 2014 | $2,426 +14.3% | $104,407 |
| 2013 | $2,122 +1.9% | -- |
| 2012 | $2,082 +19.2% | -- |
| 2011 | $1,746 +3.6% | -- |
| 2010 | $1,686 +6.6% | -- |
| 2009 | $1,582 +5.6% | -- |
| 2008 | $1,498 +3% | -- |
| 2007 | $1,454 | -- |
Monthly payment
Estimated market value
Not available
Estimated sales range
Not available
Not available
Climate risks
Explore flood, wildfire, and other predictive climate risk information for this property on First Street®️.