Pending

$150,000

722 E 2nd St, Madrid, IA 50156

2beds

1,092sqft

$1,160/mo

Get pre-qualified

Single Family Residence

Built in 1962

0.6 Acres Lot

$-- Zestimate^®

$137/sqft

$-- HOA

What's special

Great location on this one owner home built in 1962. Two possible three bedroom home with walkout basement. The basement is partially finished and has egress window for a third bedroom. Hardwood floors under the carpet. Kitchen has sliders to a covered private deck. Huge 77 x 340' yard and nice garden shed. Single detached garage. Home needs a little TLC and is being sold "as is".

40 days
39
2

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

Window Unit(s)

Appliances

Included: Dryer, Microwave, Refrigerator, Stove, Washer

Features

Eat-in Kitchen, Window Treatments
Flooring: Carpet, Hardwood, Vinyl
Basement: Egress Windows,Partially Finished,Walk-Out Access

Interior area

Total structure area: 1,092
Total interior livable area: 1,092 sqft
Finished area below ground: 324

Property

Parking

Total spaces: 1
Parking features: Detached, Garage, One Car Garage
Garage spaces: 1

Features

Stories: 1
Patio & porch: Covered, Deck, Open, Patio
Exterior features: Deck, Patio

Lot

Size: 0.6 Acres
Dimensions: 77 x 340
Features: Rectangular Lot

Details

Parcel number: 088225312286067
Zoning: RES

Construction

Type & style

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

Materials

Wood Siding
Foundation: Poured
Roof: Asphalt,Shingle

Condition

Resale
New construction: No
Year built: 1962

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: $137/sqft
Tax assessed value: $199,380
Annual tax amount: $2,894
Date on market: 8/28/2026
Cumulative days on market: 43 days
Listing terms: Cash,Conventional,FHA,VA Loan
Road surface type: Concrete

Estimated market value

Not available

Estimated sales range

Not available

Price history

Date	Event	Price
9/1/2026	Pending sale	$150,000$137/sqft
Source: DMMLS #748229 Report a problem
8/28/2026	Listed for sale	$150,000$137/sqft
Source: CIBR #71134 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$2,696 -1%	$199,380 +16.8%
2024	$2,724 -2.7%	$170,676
2023	$2,800 +0.1%	$170,676 +22.7%
2022	$2,796 -6.6%	$139,065
2021	$2,992 +1.4%	$139,065 +1.8%
2020	$2,950 +8.5%	$136,624
2019	$2,718 +24%	$136,624 +12.3%
2018	$2,192 -15.6%	$121,653 +18.7%
2017	$2,598 +21.1%	$102,496
2016	$2,146	$102,496
2015	$2,146 +2.4%	$102,496
2014	$2,096 +3.3%	$102,496
2013	$2,030 +3.5%	--
2012	$1,962 -7.1%	--
2011	$2,111 +8.5%	--
2010	$1,946 +6.3%	--
2009	$1,830 +3.4%	--
2008	$1,769 +5.5%	--
2007	$1,676	--