For sale

$350,000

814 E 1st St, Madrid, IA 50156

4beds

1,998sqft

$2,422/mo

Get pre-qualified

Single Family Residence

Built in 1963

0.51 Acres Lot

$338,800 Zestimate^®

$175/sqft

$-- HOA

What's special

Multiple dining areasOpen basementHalf acre corner lotGenerous living spacePeaceful settingBrick ranchClassic mid-century character

Step into timeless charm with this 1960s brick ranch offering classic mid-century character and generous living space throughout. Almost 2000sqft of main level living offering 4-bedrooms and 1.5 baths with classic details of hardwood, tile & plantation shutters. Expansive living room, multiple dining areas and a 4 season porch provide plenty of space to spread out. The open basement offers incredible potential as a blank canvas for a recreation room, home gym or additional living space, in addition to laundry and 3/4 bath. Situated on a half acre, corner lot at the edge of town, you'll find a peaceful setting with easy access to the High Trestle Trail and all local amenities, including restaurants & bowling alley. Don't miss this rare opportunity for a little bit of country feel, in town!

187 days

275

7

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 4
Bathrooms: 3
Full bathrooms: 1
3/4 bathrooms: 1
1/2 bathrooms: 1
Main level bedrooms: 4

Heating

Hot Water

Cooling

Central Air

Appliances

Included: Built-In Oven, Cooktop, Dryer, Dishwasher, Microwave, Refrigerator, Washer

Features

Dining Area
Flooring: Hardwood, Tile
Basement: Crawl Space,Finished,Partial
Number of fireplaces: 1

Interior area

Total structure area: 1,998
Total interior livable area: 1,998 sqft
Finished area below ground: 754

Property

Parking

Total spaces: 2
Parking features: Attached, Garage, Two Car Garage
Attached garage spaces: 2

Features

Stories: 1
Patio & porch: Porch, Screened
Exterior features: Enclosed Porch

Lot

Size: 0.51 Acres

Details

Parcel number: 088225312286058
Zoning: City

Construction

Type & style

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

Materials

Brick
Foundation: Block
Roof: Asphalt,Shingle

Condition

Year built: 1963

Utilities & green energy

Sewer: Public Sewer
Water: Public

Community & HOA

HOA

Has HOA: No

Location

Region: Madrid

Financial & listing details

Price per square foot: $175/sqft
Tax assessed value: $343,890
Annual tax amount: $5,484
Date on market: 2/19/2026
Cumulative days on market: 189 days
Listing terms: Cash,Conventional,FHA,USDA Loan,VA Loan
Road surface type: Concrete

Estimated market value

$338,800

$322,000 - $356,000

$2,193/mo

Price history

Date	Event	Price
2/20/2026	Listed for sale	$350,000+62.8%$175/sqft
Source: DMMLS #734874 Report a problem
10/5/2018	Sold	$215,000-6.5%$108/sqft
Source: CIBR #48938 Report a problem
8/17/2018	Listed for sale	$229,900-10.9%$115/sqft
Source: Larson Agency #48938 Report a problem
7/29/2017	Listing removed	$258,000$129/sqft
Source: Larson Agency #47082 Report a problem
6/2/2017	Price change	$258,000-3.7%$129/sqft
Source: Larson Agency #47082 Report a problem
5/1/2017	Listed for sale	$268,000$134/sqft
Source: Larson Agency #47082 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$5,286 +1%	$343,890 +16.5%
2024	$5,234 +4.3%	$295,136
2023	$5,020	$295,136 +29.8%
2022	$5,020 -9.7%	$227,377
2021	$5,558 +1.2%	$227,377 -1.9%
2020	$5,494 +3%	$231,730
2019	$5,334 +9.7%	$231,730 +1.9%
2018	$4,864 -4.1%	$227,420 +6.7%
2017	$5,074 +6.3%	$213,143
2016	$4,774	$213,143
2015	$4,774 +2.3%	$213,143
2014	$4,666 +4.5%	$213,143
2013	$4,466 +3%	--
2012	$4,338 -6.7%	--
2011	$4,650 +3.5%	--
2010	$4,494 +5.6%	--
2009	$4,256 +5.6%	--
2008	$4,030 +3.2%	--
2007	$3,904	--