Sold

$239,000

505 E Madison Ave, Fairfield, IA 52556

3beds

1,620sqft

Single Family Residence

Built in 1975

0.25 Acres Lot

$244,300 Zestimate^®

$148/sqft

$1,502 Estimated rent

Home value

$244,300

Estimated sales range

Not available

$1,502/mo

Zestimate^® history

Owner options

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$1,502/mo

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$1,502/mo

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$1,660/mo

Est. payment

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$1,660/mo

Est. payment

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What's special

Lots of living space in this 3-bedroom, 2-bathroom home that is perfectly situated near Washington Elementary. Main floor features a spacious living room with deck to backyard, kitchen, dining, and additional living room. Upper level has 2-bedrooms, 1-bathroom, and primary suite with private deck access.The walkout basement adds extra potential for a home office, game room, or additional bedroom. New concrete driveway leafguard gutters, appliances, and more updates.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 2
Full bathrooms: 1
3/4 bathrooms: 1

Heating

Forced Air

Cooling

Central Air

Features

Basement: Partial,Walk-Out Access

Interior area

Total interior livable area: 1,620 sqft

Property

Parking

Total spaces: 2
Parking features: Attached
Garage spaces: 2

Accessibility

Accessibility features: None

Lot

Size: 0.25 Acres
Dimensions: 83 x 132

Details

Parcel number: 0625453038

Construction

Type & style

Home type: SingleFamily
Architectural style: Split Level
Property subtype: Single Family Residence

Materials

HardiPlank Type

Condition

Year built: 1975

Utilities & green energy

Sewer: Septic Tank
Water: Rural/Municipality

Community & HOA

Community

Subdivision: CENTENNIAL

HOA

Has HOA: No
HOA name: SEIA

Location

Region: Fairfield

Financial & listing details

Price per square foot: $148/sqft
Tax assessed value: $242,600
Annual tax amount: $3,442
Date on market: 4/29/2025
Cumulative days on market: 11 days

Price history

Date	Event	Price
6/27/2025	Sold	$239,000$148/sqft
Source: NoCoast MLS as distributed by MLS GRID #6326955 Report a problem
4/24/2025	Listed for sale	$239,000+56.7%$148/sqft
Source: NoCoast MLS as distributed by MLS GRID #6326955 Report a problem
11/16/2020	Sold	$152,500-3.4%$94/sqft
Source: NoCoast MLS as distributed by MLS GRID #5659740 Report a problem
11/9/2020	Pending sale	$157,900$97/sqft
Source: Miller Realty #5659740 Report a problem
9/17/2020	Listed for sale	$157,900+31.6%$97/sqft
Source: Miller Realty #5659740 Report a problem
9/10/2012	Sold	$120,000-2.4%$74/sqft
Source: NoCoast MLS as distributed by MLS GRID #5369547 Report a problem
5/26/2012	Price change	$123,000-5%$76/sqft
Source: ERA Fairfield Real Estate #H10 14746 Report a problem
3/22/2012	Listed for sale	$129,500$80/sqft
Source: Listhub #14746 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$3,482 +1.2%	$242,600 +18.7%
2024	$3,442 +4.5%	$204,300
2023	$3,294 +2.2%	$204,300 +21.7%
2022	$3,222 +0.1%	$167,900
2021	$3,220 -2.1%	$167,900 +4.7%
2020	$3,290 -6.1%	$160,400 -3.1%
2019	$3,502 +4.4%	$165,600 +1.3%
2018	$3,354 +13.8%	$163,400 +15.1%
2017	$2,948 +10.2%	$142,000
2016	$2,674	$142,000 +11.9%
2015	$2,674	$126,900
2014	$2,674	$126,900
2013	$2,674 +3.2%	--
2012	$2,592 +1.4%	--
2011	$2,556 +5.5%	--
2010	$2,422 +13.3%	--
2009	$2,138 +4.4%	--
2008	$2,048 +5.8%	--
2007	$1,936	--