As of early 2026, 100% of users say it's quiet

Are yards well-kept in Madrid, IA?

As of early 2026, 90% of users say yards are well-kept

Is Madrid, IA walkable to restaurants?

As of early 2026, 89% of users say it's walkable to restaurants

Is parking easy in Madrid, IA?

As of early 2026, 88% of users say parking is easy

Is Madrid, IA dog-friendly?

As of early 2026, 86% of users say it's dog friendly

Is a car needed in Madrid, IA?

As of early 2026, 86% of users say car is needed

Does Madrid, IA show holiday spirit?

As of early 2026, 83% of users say there's holiday spirit

Would people walk alone at night in Madrid, IA?

As of early 2026, 80% of users say people would walk alone at night

Do kids play outside in Madrid, IA?

As of early 2026, 80% of users say kids play outside

Are neighbors friendly in Madrid, IA?

As of early 2026, 59% of users say neighbors are friendly

Is Madrid, IA walkable to grocery stores?

As of early 2026, 57% of users say it's walkable to grocery stores

Does Madrid, IA have sidewalks?

As of early 2026, 56% of users say there are sidewalks

Is there wildlife in Madrid, IA?

As of early 2026, 50% of users say there's wildlife

Are the streets well-lit in Madrid, IA?

As of early 2026, 45% of users say streets are well-lit

Do residents of Madrid, IA plan to stay at least 5 years?

As of early 2026, 44% of users say they plan to stay for at least 5 years

What is 125 E 3rd St estimated to be worth?

Trulia's estimated value for 125 E 3rd St in Madrid, IA is $109,700 .

What is the price history for 125 E 3rd St?

125 E 3rd St in Madrid, IA last sold for $80,000 in October 2012.

Is Madrid a buyer's or seller's market?

Madrid is currently a buyer's market, based on recent for-sale activity.

What do residents say about Madrid?

Residents describe Madrid, IA as quiet, well-kept, and walkable to restaurants. See recently sold homes in Madrid, IA .

How big is the lot at 125 E 3rd St?

The lot at 125 E 3rd St in Madrid, IA is about 0.20 acres (8,712 sq ft).

OFF MARKET

125 E 3rd St
Madrid, IA 50156

Studio
432 sqft

$109,700

Trulia Estimate

as of Aug 20, 2026

Est. Refi. Payment $778/mo*

Refinance Your Home

$109,700

Trulia Estimate

as of Aug 20, 2026

Est. Refi. Payment $778/mo*

Refinance Your Home

Studio

432 sqft

Home Value

Trulia Estimate

$110K

Since last month

$3K (-2.5%)

Since last year

$19K (-14.7%)

Since last sale

$29K (+36%)

Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

Trulia Estimate

The of this home's value increased by +49% in the last 10 years

Month	Estimated value
2026
August 2026	$109K
July 2026	$112K
June 2026	$123K
May 2026	$121K
April 2026	$124K
March 2026	$124K
February 2026	$119K
January 2026	$115K
2025
December 2025	$117K
November 2025	$112K
October 2025	$112K
September 2025	$121K
August 2025	$128K
July 2025	$128K
June 2025	$125K
May 2025	$117K
April 2025	$123K
March 2025	$124K
February 2025	$123K
January 2025	$167K
2023
December 2023	$114K
November 2023	$117K
October 2023	$114K
September 2023	$115K
August 2023	$116K
July 2023	$121K
June 2023	$112K
2016
December 2016	$70K
November 2016	$69K
October 2016	$69K
September 2016	$69K
August 2016	$73K

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.

Address	Distance	Property Type	Sold Price	Sold Date	Bed	Bath	Sqft
115 E 1st St, Madrid, IA	0.14	Single-Family Home	$75,000	06/18/26	3	2	1,771
513 E 3rd St, Madrid, IA	0.25	Single-Family Home	$150,000	08/29/25	2	1	818
225 S Water St, Madrid, IA	0.10	Single-Family Home	$210,000	04/17/26	3	2	1,536
618 S Union St, Madrid, IA	0.28	Single-Family Home	$148,000	03/03/26	2	2	1,118
216 E 2nd St, Madrid, IA	0.08	Single-Family Home	$218,000	05/27/26	3	2	1,642
306 N Union St, Madrid, IA	0.27	Single-Family Home	$168,000	02/09/26	3	1.5	1,578

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.

Address	Distance	Price	Bed	Bath	Sqft	Status
216 E 2nd St, Madrid, IA 50156	0.08	$218,000	3	2	1,642	Recently Sold
136 W 2nd St, Madrid, IA 50156	0.10	$264,100	5	2	3,024	Off Market
402 E 1st St, Madrid, IA 50156	0.19	$182,200	3	1	1,151	Off Market

Local Information

Map ViewExplore the area around 125 E 3rd St.
Schools1 Elementary School1 Middle School1 High School
Shop & Eat

-- mins to

Commute Destination

Home Highlights

Property Type

Single-Family Home

Year Built

1897

Living Area

432 sqft

Price/Sqft

$254

About this House

This single-family home is located at 125 E 3rd St, Madrid, IA. 125 E 3rd St is in Madrid, IA and in ZIP code 50156. This property has approximately 432 sqft of floor space. This property has a lot size of 8712 sqft and was built in 1897.

125 E 3rd St, Madrid, IA 50156 is a studio, 432 sqft single-family home built in 1897. It last sold for $80,000 on Oct 2, 2012. It is currently off market. The Trulia Estimate is $109,700, with a rent estimate of $901/month.

Home Details for 125 E 3rd St

Interior Features
Heating & Cooling Heating: Forced AirHeating Fuel: Forced Air
Levels, Entrance, & Accessibility Stories: 1

Exterior Features
Exterior Home Features Roof: MetalExterior: Wood, Metal

Property Information
Year Built Year Built: 1897
Property Type / Style Property Type: Single Family Home

Lot Information
Lot Area: 8712 sqft

Price and Tax history

Date	Event	Price
Oct 2, 2012 Source: N/A	Sold	$80,000

Year	Property tax	Tax assessment
2025	$886	$61,900

Additional Cost

Market trends in Madrid

Last updated July 2026

Avg. sale price

—

Sale-to-List Price

—

Price per sq ft

—

Available listings

Around this home

Madrid Elementary School
K-5
Public
263 Students
Madrid Community School District
8/10
GreatSchools Rating
Parent Rating Average
My grandsons attend this school. They enjoy it because the class sizes aren't huge, like Des Moines. Great school!!!
Other Review
16y ago
2 Reviews

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 Madrid

At least 5 Trulia users voted on each feature.

100 % Say it's quiet
90 % Say yards are well-kept
89 % Say it's walkable to restaurants
88 % Say parking is easy
86 % Say it's dog friendly
86 % Say car is needed
83 % Say there's holiday spirit
80 % Say people would walk alone at night
80 % Say kids play outside
59 % Say neighbors are friendly
57 % Say it's walkable to grocery stores
56 % Say there are sidewalks
50 % Say there's wildlife
45 % Say streets are well-lit
44 % Say they plan to stay for at least 5 years

Sourced by Trulia users. Learn more about our methodology.

LGBTQ Local Legal Protections

Frequently asked questions about 125 E 3rd St

What is 125 E 3rd St estimated to be worth?
Trulia's estimated value for 125 E 3rd St in Madrid, IA is $109,700.
What is the price history for 125 E 3rd St?
125 E 3rd St in Madrid, IA last sold for $80,000 in October 2012.
Is Madrid a buyer's or seller's market?
Madrid is currently a buyer's market, based on recent for-sale activity.
What do residents say about Madrid?
Residents describe Madrid, IA as quiet, well-kept, and walkable to restaurants. See recently sold homes in Madrid, IA.
How big is the lot at 125 E 3rd St?
The lot at 125 E 3rd St in Madrid, IA is about 0.20 acres (8,712 sq ft).