205 E  3rd St, Madrid, IA 50156
OFF MARKET

$198,900

Trulia Estimate
  • 6 Beds
  • 2 Baths
  • 1,984 sqft

205 E 3rd St, Madrid, IA 50156

Home Value

Trulia Estimate
$199K
Since last month
Decreased$1K (-0.5%)
Since last year
Decreased$19K (-8.9%)
Learn more about this home's value by checking out its Trulia Estimate and the value of nearby homes.

Trulia Estimate

The of this home's value increased by +115% in the last 10 years
MonthEstimated value
2026
November 2026$196K
October 2026$197K
September 2026$197K
August 2026$205K
July 2026$204K
June 2026$223K
May 2026$222K
April 2026$223K
March 2026$226K
February 2026$228K
January 2026$213K
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016

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
0.01
-
Studio
-
-
Off Market
0.01
$240,800
3
1
1,300
Off Market
0.03
$187,700
2
1
1,026
Off Market
0.03
$139,600
2
1
1,040
Off Market
0.03
$255,500
Studio
-
1,942
Off Market
0.03
$202,100
3
2
1,512
Off Market
0.04
$218,000
3
2
1,642
Recently Sold
0.04
-
Studio
-
2,184
Off Market
0.04
$101,100
Studio
-
432
Off Market
0.05
$138,400
2
1
824
Off Market
0.05
-
Studio
-
-
Off Market
0.05
$201,400
3
1
1,460
Off Market
0.05
-
Studio
3
2,124
Off Market
0.06
$403,600
3
4
2,016
Off Market
0.06
$146,800
2
1
1,316
Off Market
0.06
$60,000
Studio
-
2,400
Recently Sold
0.06
-
Studio
-
1,188
Off Market
0.06
-
Studio
-
-
Off Market
0.06
$197,500
3
2
1,932
Off Market
0.06
$264,400
3
2
1,115
Off Market

Local Information

  • Map ViewExplore the area around 205 E 3rd St.
  • Schools1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Multi-Family
Built in 2002
1,984 sqft
$100/sqft

About this House

This multi-family home is located at 205 E 3rd St, Madrid, IA. 205 E 3rd St is in Madrid, IA and in ZIP code 50156. This property has 6 bedrooms, 2 bathrooms and approximately 1,984 sqft of floor space. This property has a lot size of 8712 sqft and was built in 2002.
205 E 3rd St, Madrid, IA 50156 is a 6 bedroom, 2 bathroom, 1,984 sqft multi-family built in 2002. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $198,900, with a rent estimate of $1,236/month.

Home Details for 205 E 3rd St

Interior Features

Levels, Entrance, & Accessibility
Stories: 1Floors: Other, Carpet
Interior Details
Number of Rooms: 10

Exterior Features

Exterior Home Features
Roof: AsphaltExterior: OtherFoundation Type: ConcretePatio

Property Information

Year Built
Year Built: 2002
Property Type / Style
Property Type: Multi FamilyArchitecture: A-frame

Lot Information

Lot Area: 8712 sqft

Price and Tax history

YearProperty taxTax assessment
2025
$2,884
$150,820
Home facts updated by county records

Market trends in Madrid

Last updated October 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
—
Sale-to-List Price
—
Price per sq ft
—
Available listings
13
7
MoM
Sourced by Trulia Market Trends

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 205 E 3rd St

  • What is 205 E 3rd St estimated to be worth?
    Trulia's estimated value for 205 E 3rd St in Madrid, IA is $198,900.
  • 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.
  • What are the closest schools to 205 E 3rd St?
    The closest schools to 205 E 3rd St in Madrid, IA are Madrid Elementary School (rated 8/10), Madrid High School (rated 8/10), Madrid Junior High School (rated 7/10).

Apartments for Rent

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Off Market Homes Near 205 E 3rd St

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