Charming 2 bedroom, 1 bathroom ranch that is move in ready and full of character. From the moment you walk in, you'll notice the arched doorways that give this home a unique feel you don't see every day.
The main living areas offer a comfortable layout with plush carpet and great natural light. The kitchen features a tile backsplash and comes fully equipped with refrigerator and stove, making for an easy transition for the next owner.
Major update with all new windows installed in March 2025, helping with efficiency while bringing in even more natural light throughout the home. Gas forced air heat and central air keep things comfortable year round.
Located in a great area with quick access to the High Trestle Trail, perfect for biking, walking, and enjoying the outdoors.
All information obtained from seller an dpublic record.
Sold for $160,000
$160,000
509 E 1st St, Madrid, IA 50156
2beds
828sqft
Single Family Residence
Built in 1920
0.26 Acres Lot
$160,100 Zestimate®
$193/sqft
$1,019 Estimated rent
Home value
$160,100
Estimated sales range
Not available
$1,019/mo
Zestimate® history
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List your homeWhat's special
Comfortable layoutArched doorwaysCentral airGreat natural lightPlush carpetGas forced air heat
Zillow last checked:
Listing updated:
Listed by:
Bo Cosens 515-223-9492,
RE/MAX Precision
Bought with:
OUTSIDE AGENT
OTHER
Source: DMMLS,MLS#: 737330
Originating MLS: Des Moines Area Association of REALTORS
Originating MLS: Des Moines Area Association of REALTORSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
- Main level bedrooms: 2
Heating
- Forced Air, Gas, Natural Gas
Cooling
- Central Air
Appliances
- Included: Refrigerator, Stove
Features
- Flooring: Tile
- Basement: Partially Finished
Interior area
- Total structure area: 828
- Total interior livable area: 828 sqft
- Finished area below ground: 272
Property
Features
- Stories: 1
Lot
- Size: 0.26 Acres
- Dimensions: 68 x 165
Details
- Parcel number: 088225312286102
- Zoning: R
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Ranch
- Property subtype: Single Family Residence
Materials
- Stucco
- Foundation: Brick/Mortar
Condition
- Year built: 1920
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Location
- Region: Madrid
Other
Other facts
- Listing terms: Cash,Conventional,FHA,USDA Loan,VA Loan
- Road surface type: Concrete
Price history
| Date | Event | Price |
|---|---|---|
| 6/11/2026 | Sold | $160,000$193/sqft |
Source:  DMMLS #737330 Report a problem | ||
| 5/5/2026 | Pending sale | $160,000$193/sqft |
Source: DMMLS #737330 Report a problem | ||
| 3/31/2026 | Listed for sale | $160,000-5.8%$193/sqft |
Source: DMMLS #737330 Report a problem | ||
| 1/6/2026 | Listing removed | $169,900$205/sqft |
Source: DMMLS #714274 Report a problem | ||
| 11/2/2025 | Price change | $169,900-1.2%$205/sqft |
Source: DMMLS #714274 Report a problem | ||
| 8/22/2025 | Price change | $172,000-3.9%$208/sqft |
Source: DMMLS #714274 Report a problem | ||
| 6/26/2025 | Price change | $179,000-2.7%$216/sqft |
Source: DMMLS #714274 Report a problem | ||
| 5/13/2025 | Price change | $184,000-2.6%$222/sqft |
Source: DMMLS #714274 Report a problem | ||
| 4/7/2025 | Price change | $189,000-3.1%$228/sqft |
Source: DMMLS #714274 Report a problem | ||
| 3/27/2025 | Listed for sale | $195,000+195.5%$236/sqft |
Source: DMMLS #714274 Report a problem | ||
| 6/22/2017 | Sold | $66,000+8.2%$80/sqft |
Source:  CIBR #46980 Report a problem | ||
| 4/11/2006 | Sold | $61,000$74/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,002 +3.3% | $134,890 +31.2% |
| 2024 | $1,938 +3.9% | $102,783 |
| 2023 | $1,866 +0.3% | $102,783 +21.6% |
| 2022 | $1,860 +1.6% | $84,560 +0.4% |
| 2021 | $1,830 +1.2% | $84,220 +10.4% |
| 2020 | $1,808 +31.4% | $76,297 |
| 2019 | $1,376 +17.6% | $76,297 +37.1% |
| 2018 | $1,170 -11.2% | $55,634 +14.9% |
| 2017 | $1,318 +14.6% | $48,410 |
| 2016 | $1,150 | $48,410 |
| 2015 | $1,150 +2.3% | $48,410 |
| 2014 | $1,124 +4.3% | $48,410 |
| 2013 | $1,078 +3.7% | -- |
| 2012 | $1,040 -15.3% | -- |
| 2011 | $1,228 +3.2% | -- |
| 2010 | $1,190 +5.1% | -- |
| 2009 | $1,132 +5.4% | -- |
| 2008 | $1,074 +19.1% | -- |
| 2007 | $902 | -- |
Find assessor info on the county website
Neighborhood: 50156
Nearby schools
GreatSchools rating
- 8/10Madrid Elementary SchoolGrades: K-5Distance: 0.4 mi
- 7/10Madrid Junior High SchoolGrades: 6-8Distance: 0.4 mi
- 8/10Madrid High SchoolGrades: 9-12Distance: 0.4 mi
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.
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- Iowa
- Boone County
- Madrid
- 50156
- 509 E 1st St
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