116 Madison St, Waterloo, IA 50703
Property image
Property image
OFF MARKET

116 Madison St
Waterloo, IA 50703

  • 1 Bed
  • 1 Bath
  • 576 sqft

$60,000

Trulia Estimate
as of Jul 29, 2026
Est. Refi. Payment $455/mo*
Refinance Your Home

$60,000

Trulia Estimate
as of Jul 29, 2026
Est. Refi. Payment $455/mo*
Refinance Your Home
1 Bed
1 Bath
576 sqft

Local Information

  • Map ViewExplore the area around 116 Madison St.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Property Type
Single-Family Home
Year Built
1940
Living Area
576 sqft
Price/Sqft
$104
Parking
Garage

About this House

1 bedroom, 1 bath house - Cozy 1 bedroom, 1 bath house available 5/15/2020 at 116 Madison in Waterloo. Unfinished basement with washer/dryer hookups. Updates include new paint and windows. Tenant is responsible for all utilities, along with lawn care and snow removal. Pets and Section 8 considered with the application. $525 rent/$525 deposit.

(RLNE5676783)
116 Madison St, Waterloo, IA 50703 is a 1 bedroom, 1 bathroom, 576 sqft single-family home built in 1940. It last sold for $45,000 on Oct 5, 2023. More recently, it was listed as a rental in March 2020 with an asking price of $525 per month. That rental listing was removed on April 6, 2020. It is currently off market. The Trulia Estimate is $60,000, with a rent estimate of $679/month.

Home Details for 116 Madison St

Interior Features

Heating & Cooling
Heating: Other, OtherAir ConditioningHeating Fuel: Other
Levels, Entrance, & Accessibility
Stories: 1Floors: Tile, Carpet
Interior Details
Number of Rooms: 3

Exterior Features

Exterior Home Features
Roof: AsphaltExterior: OtherFoundation Type: Concrete BlockPatio
Parking & Garage
GarageParking: Carport, Garage

Property Information

Year Built
Year Built: 1940
Property Type / Style
Property Type: Single Family HomeArchitecture: A-frame

Lot Information

Lot Area: 6403 sqft

Price History for 116 Madison St

DatePriceEventSource
10/05/2023$45,000Sold
N/A
04/06/2020$525ListingRemovedAgent Provided
03/30/2020$525Listed For RentAgent Provided
03/26/2010$34,000Sold
N/A
10/06/2008$48,500ListingRemovedAgent Provided
08/31/2008$48,500Listed For SaleAgent Provided

Market trends in Waterloo

Last updated June 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$187K
$10.67KMoM
Sale-to-List Price
99.2%
1.3%MoM
Price per sq ft
$126
$4MoM
Available listings
237
16MoM
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Property Tax and Assessment

Year2025
Tax$837
Assessment$53,140
Home facts updated by county records

Comparable Sales for 116 Madison St

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
830 Linden Ave, Waterloo, IA
0.24
Single-Family Home
$55,000
12/30/25
1
1
660
137 French St, Waterloo, IA
0.23
Single-Family Home
$25,000
01/16/26
1
1
798
207 Polk St, Waterloo, IA
0.15
Single-Family Home
$76,000
12/05/25
2
1
720
135 Polk St, Waterloo, IA
0.10
Single-Family Home
$45,000
06/12/26
2
2
994
727 Indiana St, Waterloo, IA
0.38
Single-Family Home
$44,500
02/06/26
2
1
732
822 Colorado St, Waterloo, IA
0.31
Single-Family Home
$79,900
05/01/26
2
1
720
117 Butler Ave, Waterloo, IA
0.36
Single-Family Home
$55,000
11/21/25
2
1
780
528 Linden Ave, Waterloo, IA
0.21
Single-Family Home
$69,111
01/29/26
2
1
1,120
1208 Independence Ave, Waterloo, IA
0.24
Single-Family Home
$75,000
08/18/25
2
1
1,170
423 Archer Ave, Waterloo, IA
0.26
Single-Family Home
$82,000
06/15/26
2
1
1,037

Nearby homes

Get a sense of prices in the area by checking nearby homes.
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  • 1020 Nevada St, Waterloo, IA 50703
    OFF MARKET
    Est. $121,900
    3 bd
    1 ba
    1,526 sqft
    1020 Nevada St,
    Waterloo, IA 50703
    Emily O'connell, Foundations Realty, Northeast Iowa Regional BOR as distributed by MLS GRID
  • 142 Madison St, Waterloo, IA 50703
    OFF MARKET
    Est. $94,400
    3 bd
    1 ba
    864 sqft
    142 Madison St,
    Waterloo, IA 50703
    David Kelm, Century 21 Signature Real Estate-Waverly, Northeast Iowa Regional BOR as distributed by MLS GRID
  • 135 Polk St, Waterloo, IA 50703
    SOLD
    JUN 12, 2026
    $45,000
    2 bd
    2 ba
    994 sqft
    135 Polk St,
    Waterloo, IA 50703
    Tom Herzmann, Oakridge Real Estate, Northeast Iowa Regional BOR as distributed by MLS GRID
  • 856 Fowler St, Waterloo, IA 50703
    OFF MARKET
    Est. $84,000
    3 bd
    2 ba
    1,434 sqft
    856 Fowler St,
    Waterloo, IA 50703
    Justin Finn, Four Seasons Realtors Inc, Northeast Iowa Regional BOR as distributed by MLS GRID
  • 201 Polk St, Waterloo, IA 50703
    OFF MARKET
    Est. $98,000
    2 bd
    2 ba
    1,048 sqft
    201 Polk St,
    Waterloo, IA 50703
    Dean Noland, Berkshire Hathaway Home Services One Realty Centre, Northeast Iowa Regional BOR as distributed by MLS GRID
  • 211 Madison St, Waterloo, IA 50703
    FOR SALE
    1.53 ACRES
    Tyler Rasmussen, EPM, Iowa, Northeast Iowa Regional BOR as distributed by MLS GRID
  • 207 Polk St, Waterloo, IA 50703
    SOLD
    DEC 5, 2025
    $76,000
    2 bd
    1 ba
    720 sqft
    207 Polk St,
    Waterloo, IA 50703
    Chase Lyons, Oakridge Real Estate, Northeast Iowa Regional BOR as distributed by MLS GRID
  • 220 Madison St, Waterloo, IA 50703
    OFF MARKET
    Est. $87,600
    2 bd
    1 ba
    768 sqft
    220 Madison St,
    Waterloo, IA 50703
    Chris Fischels, Fischels Commercial Group, Northeast Iowa Regional BOR as distributed by MLS GRID
  • 815 Nevada St, Waterloo, IA 50703
    SOLD
    NOV 10, 2025
    $104,000
    3 bd
    2 ba
    1,705 sqft
    815 Nevada St,
    Waterloo, IA 50703
    Christine Miller, Realty ONE Group Movement, Northeast Iowa Regional BOR as distributed by MLS GRID
  • 827 Steely St, Waterloo, IA 50703
    OFF MARKET
    Est. $111,900
    3 bd
    1 ba
    1,316 sqft
    827 Steely St,
    Waterloo, IA 50703
    Joshua Bey, Oakridge Real Estate, Northeast Iowa Regional BOR as distributed by MLS GRID
  • 2113 Mulberry St, Waterloo, IA 50703
    OFF MARKET
    Est. $58,200
    2 bd
    1 ba
    626 sqft
    2113 Mulberry St,
    Waterloo, IA 50703
    Isaac T Bauer, Realty ONE Group Movement, Northeast Iowa Regional BOR as distributed by MLS GRID
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Assigned Schools

These are the assigned schools for 116 Madison St.
View nearby schools on GreatSchools
The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

What Locals Say about Waterloo

At least 264 Trulia users voted on each feature.

  • 89 % Say car is needed

  • 83 % Say yards are well-kept

  • 80 % Say parking is easy

  • 77 % Say it's dog friendly

  • 70 % Say there's holiday spirit

  • 66 % Say kids play outside

  • 64 % Say there are sidewalks

  • 48 % Say it's quiet

  • 47 % Say neighbors are friendly

  • 47 % Say people would walk alone at night

  • 44 % Say streets are well-lit

  • 43 % Say there's wildlife

  • 42 % Say they plan to stay for at least 5 years

  • 33 % Say it's walkable to grocery stores

  • 29 % Say it's walkable to restaurants

  • 20 % Say there are community events

Sourced by Trulia users. Learn more about our methodology.
  • Misslindsayb
    "Centrally located, traffic can be heavy/frustrating. You can make good time if you hit the stoplights just right, which is hard to do most days. "
    0
    Flag
  • Susanward13
    "Consider this a safe neighborhood and there are lots of kids living here. A policeman lives on the street."
    0
    Flag
  • Jovanti Rucker
    "It is very busy most of the time the light are a headache. They’re a lot of lights to go through to get to where I need to go."
    0
    Flag
  • Dontreal3
    "It’s ok. It’s not the worst but it’s also not the best. "
    0
    Flag
  • Trulia User
    "Peacefully quiet neighborhood. neighbors keep to themselves mostly. Alot of dogs throughout the whole area, which is nice to know, it's a pet friendly area to live in. "
    4
    Flag
  • Trulia User
    "I’ve lived here for years mostly everybody that lives in the neighborhood is really nice & friendly but I live with my dad & trying to find my own apartment right now. "
    4
    Flag
  • Susan.wirtjes
    "This is a safe and friendly neighborhood. Kids play outside. We are close to good schools. Shopping is close by. "
    8
    Flag
  • Dominique K. .
    " The community is really good if you get into people like that. There is not a lot to do around here unless you have money. There are a lot of trains around. People have dogs around here a lot and I hear gunshots a lot. I grew up here so I don’t find it very exciting. Most people got to work come home and stay away from each other. "
    1
    Flag
  • Tali S.
    "Very quiet neighborhood other than the occasional car driving by & faint sound of trains. Great neighbors, mostly homeowners with kids & elderly."
    0
    Flag
  • Lache S.
    "... I don’t know I been here only a year and aside from the bad I seen few good most people stay to they self "
    0
    Flag
  • Holly W.
    "schools are over crowded and children are often let slip through the cracks in the education system here "
    1
    Flag
  • Charles A.
    "15 minutes to work. Waterloo is easy to get around and not a lot of traffic .... zzzz xxdrc then. Gyyhbb"
    1
    Flag
  • Lamont S.
    "Lots of retirees here now. Mixed bag for the rest. I had seen several first time owners buying in. Plenty of remodeling and renovations going on now too."
    4
    Flag
  • Trulia User
    "it has some nice people, with sketchy people mixed in. it's too loud with harleys speeding hard through here and people thumping music too loud at all hours. I would not recommend this neighborhood to a young professional person. "
    0
    Flag
  • Kimmy21920
    "Convenient location and traffic is not as congested as the big city. Used to be a great place, but not so much anymore."
    1
    Flag
  • Mkesterson79
    "Listening to gun shots and train whistles at night to fall asleep to. Creates a uniquely unpleasant experience. "
    0
    Flag
  • Trulia User
    "Would love a dog park close by, or even respectful owners who pick up after their dog when they walk them"
    6
    Flag
  • Chris Wright
    "I lived in neighborhood for ten years as a kid, I always love the area, would love to own a house in that again, hope in very near future."
    1
    Flag
  • Mary Sue Adams
    "Safe streets, quality neighbors,clean, near a park,rural feeling- plenty of room between everyone. Lots of family and open spaces, but still near shopping and eats."
    3
    Flag
  • Kathy Cox White Dickerson
    "I moved to this neighborhood last summer and love it. I feel safe and secure,and neighbors are very nice."
    0
    Flag
  • Aley S.
    "Is a small neighborhood and quite and seems like a very lovely place to have a family and there are a lot of kid in the neighborhood "
    2
    Flag
  • Aschot12
    "It's better than north Waterloo for crime and lots of shade trees. It's nice to be near to 4th street for convenience even with traffic noise. "
    0
    Flag

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Apartments for Rent

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Explore by feature - Pet Friendly

61 pet-friendly rentals in Waterloo, IA

Explore by feature - Garage

27 rentals with a garage in Waterloo, IA

Explore by feature - Air Conditioning

46 rentals with air conditioning in Waterloo, IA

Explore by feature - Washer/dryer

22 rentals with a washer/dryer in Waterloo, IA

Explore by feature - Outdoor Space

15 rentals with an outdoor space in Waterloo, IA

Homes for sale near 116 Madison St

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Off Market Homes Near 116 Madison St

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