Pending

Price cut: $5K (8/14)

$189,900

717 W 1st St, Madrid, IA 50156

2beds

1,120sqft

$1,376/mo

Get pre-qualified

Single Family Residence

Built in 1954

9,583 Square Feet Lot

$-- Zestimate^®

$170/sqft

$-- HOA

What's special

Main-floor laundryTwo bedrooms

Ride the High Trestle at sunset. Be in Ankeny in half an hour. Come home to an electric bill that barely registers. This 1954 ranch sits on the edge of Madrid, where the streets give way to open ground and the nearest sound is whatever you're running in the garage. That garage is the headline: 2 car, 24x28, 672 square feet, room for the project car, the boat, the mower, and the tools all at once. Inside is one level and no stairs. Two bedrooms, a full bath, main-floor laundry, and a flex room off the living space that's been a dining room but works just as well as an office or a shop annex. The solar panels are owned outright and convey with the home. No lease, no balance to assume, no third party in the middle. Just a utility bill that makes people ask what the catch is. Madrid schools. Minutes to the trailhead. low taxes. Electric bill that runs around $25/mo. USDA-eligible address. Low cost to own, real room to work, and a town worth coming home to.

20 days
80
3

Likely to sell faster than

Facts & 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: Cooktop, Dishwasher, Microwave, Stove
Laundry: Main Level

Features

Basement: Crawl Space

Interior area

Total structure area: 1,120
Total interior livable area: 1,120 sqft

Property

Parking

Total spaces: 2
Parking features: Detached, Garage, Two Car Garage
Garage spaces: 2

Features

Stories: 1

Lot

Size: 9,583 Square Feet

Details

Parcel number: 088226362186092
Zoning: R

Construction

Type & style

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

Materials

Vinyl Siding
Roof: Metal

Condition

Resale
New construction: No
Year built: 1954

Utilities & green energy

Sewer: Public Sewer
Water: Public

Community & HOA

HOA

Has HOA: No

Location

Region: Madrid

Financial & listing details

Price per square foot: $170/sqft
Tax assessed value: $163,990
Annual tax amount: $2,606
Date on market: 7/30/2026
Cumulative days on market: 41 days
Listing terms: Cash,Conventional,FHA,USDA Loan,VA Loan
Road surface type: Concrete

Estimated market value

Not available

Estimated sales range

Not available

Price history

Date	Event	Price
8/21/2026	Pending sale	$189,900$170/sqft
Source: DMMLS #746315 Report a problem
8/14/2026	Price change	$189,900-2.6%$170/sqft
Source: DMMLS #746315 Report a problem
7/30/2026	Listed for sale	$194,900+14.6%$174/sqft
Source: DMMLS #746315 Report a problem
7/21/2023	Sold	$170,000+1.2%$152/sqft
Source: DMMLS #675387 Report a problem
6/23/2023	Pending sale	$168,000$150/sqft
Source: DMMLS #675387 Report a problem
6/17/2023	Price change	$168,000-4%$150/sqft
Source: DMMLS #675387 Report a problem
6/15/2023	Listed for sale	$175,000+45.8%$156/sqft
Source: DMMLS #675387 Report a problem
6/28/2019	Sold	$120,000-7.6%$107/sqft
Source: DMMLS #576703 Report a problem
5/22/2019	Pending sale	$129,900$116/sqft
Source: Keller Williams Realty Greater Des Moines #576703 Report a problem
2/18/2019	Listed for sale	$129,900$116/sqft
Source: Keller Williams Realty GDM #576703 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$2,408 -4.5%	$163,990 +22.6%
2024	$2,522 -1.7%	$133,769
2023	$2,566	$133,769 +15.1%
2022	$2,566 +0.4%	$116,259
2021	$2,556 +6%	$116,259 +9.1%
2020	$2,412 +12%	$106,539 +4.7%
2019	$2,154 +7.2%	$101,762 +16.9%
2018	$2,010 -2.6%	$87,083 +4.7%
2017	$2,064 +4.6%	$83,179
2016	$1,974	$83,179
2015	$1,974 +2.2%	$83,179
2014	$1,932 +4.3%	$83,179
2013	$1,852 +3.7%	--
2012	$1,786 +20%	--
2011	$1,488 +3.2%	--
2010	$1,442 +5.1%	--
2009	$1,372 +5.4%	--
2008	$1,302 +2.7%	--
2007	$1,268	--