$264,900
Original price: $269,900
3 Beds
2 Baths
1,848 sqft (on 0.48 acres)
309 E 1st St, Madrid, IA 50156
Home Highlights
Single-Family Home
Built in 1900
0.48 acre lot
$143/sqft
Garage
Local Information
- Map ViewExplore the area around 309 E 1st St.
- Schools1 Elementary School1 Middle School1 High School
- Shop & Eat
-- mins to
About this House
Welcome to your private oasis in Madrid! It is incredibly rare to find a city home that offers both spacious interior living and an expansive outdoor retreat, making this beautifully maintained 3-bedroom, 2-bathroom residence a truly unique find. Inside, you will find a bright and airy floor plan featuring generous living areas with excellent natural light, perfect for both relaxing and entertaining. The three well-sized bedrooms offer plenty of flexibility for a growing family, guest quarters, or a dedicated home office.
The true crown jewel of this property is the exceptionally large, unique lot—a literal needle in a haystack for the Madrid market. Step right off the back of the home onto a brand-new patio, your perfect spot for morning espresso, al fresco dining, or weekend barbecues. The patio overlooks a massive, fully fenced-in backyard that offers total privacy and security. This expansive green space is a completely blank canvas for whatever your heart desires, whether you want to cultivate a garden, create a secure play area, or give your pets room to roam. This home combines peaceful residential living with city convenience. Properties with this size lot and private outdoor space are a rare find and this one is priced aggressively for a quick sale. Schedule your viewing today before this incredible opportunity slips away!
The true crown jewel of this property is the exceptionally large, unique lot—a literal needle in a haystack for the Madrid market. Step right off the back of the home onto a brand-new patio, your perfect spot for morning espresso, al fresco dining, or weekend barbecues. The patio overlooks a massive, fully fenced-in backyard that offers total privacy and security. This expansive green space is a completely blank canvas for whatever your heart desires, whether you want to cultivate a garden, create a secure play area, or give your pets room to roam. This home combines peaceful residential living with city convenience. Properties with this size lot and private outdoor space are a rare find and this one is priced aggressively for a quick sale. Schedule your viewing today before this incredible opportunity slips away!
Last check for updates: about 4 hours ago
Listing courtesy of Erin Rundall, (515) 326-0369
Keller Williams Realty GDM
Staci Burr, (515) 689-9226
Keller Williams Realty GDM
Originating MLS: Des Moines Area Association of REALTORS
Source: DMMLS, MLS#741468
Also Listed on DMMLS.
Home Details for 309 E 1st St
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Interior Details Basement: Unfinished |
Beds & Baths Number of Bedrooms: 3Main Level Bedrooms: 1Number of Bathrooms: 2Number of Bathrooms (full): 1Number of Bathrooms (three quarters): 1 |
Dimensions and Layout Living Area: 1848 Square Feet |
Appliances & Utilities Appliances: Dryer, Dishwasher, Microwave, Refrigerator, Stove, WasherDishwasherDryerLaundry: Main LevelMicrowaveRefrigeratorWasher |
Heating & Cooling Heating: Forced Air,Gas,Natural GasHas CoolingAir Conditioning: Central AirHas HeatingHeating Fuel: Forced Air |
Windows, Doors, Floors & Walls Flooring: Laminate, Tile |
Levels, Entrance, & Accessibility Stories: 2Levels: TwoFloors: Laminate, Tile |
Security Security: Smoke Detector(s) |
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Exterior Home Features Roof: Asphalt ShinglePatio / Porch: Covered, Deck, Open, Patio, Porch, ScreenedFencing: Chain Link, WoodExterior: Deck, Enclosed Porch, PatioFoundation: Block |
Parking & Garage Number of Garage Spaces: 2Number of Covered Spaces: 2Has a GarageNo Attached GarageParking Spaces: 2Parking: Detached,Garage,Two Car Garage |
Frontage Road Surface Type: ConcreteNot on Waterfront |
Water & Sewer Sewer: Public Sewer |
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Cumulative Days on Market: 113Days on Market: 116 |
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Year Built Year Built: 1900 |
Property Type / Style Property Type: ResidentialProperty Subtype: Single Family ResidenceArchitecture: Two Story |
Building Construction Materials: Vinyl Siding |
Property Information Parcel Number: 088226361186021 |
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Price List Price: $264,900Price Per Sqft: $143 |
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MLS Status: Active |
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Direction & Address City: Madrid |
School Information Elementary School District: MadridJr High / Middle School District: MadridHigh School District: Madrid |
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Listing Agent Listing ID: 741468 |
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Building Area Building Area: 1848 Square Feet |
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Not Senior Community |
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Association for this Listing: Des Moines Area Association of REALTORSNo HOA |
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Lot Area: 0.48 acres |
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Listing Terms: Cash, Conventional, FHA, VA Loan |
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BasementMls Number: 741468Living Area Range Units: Square FeetAttribution Contact: (515) 326-0369Above Grade Unfinished Area Units: Square FeetBelow Grade Unfinished Area Units: Square FeetUniversal Property Id: US-19015-N-088226361186021-R-N |
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Days On Market Replication: 113 |
Around this home
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.
Market trends in Madrid
Last updated August 2026
Avg. sale price
—
Sale-to-List Price
—
Price per sq ft
—
Available listings
21
6MoM
Home Value
Trulia Estimate
$257KSince last month
Decreased$800 (-0.3%)Since last year
Decreased$30K (-10.3%)Since last sale
Increased$37K (+16.8%)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 +82% in the last 10 years
| Month | Estimated value |
|---|---|
2026 | |
| September 2026 | $257K |
| August 2026 | $256K |
| July 2026 | $258K |
| June 2026 | $263K |
| May 2026 | $269K |
| April 2026 | $298K |
| March 2026 | $292K |
| February 2026 | $284K |
| January 2026 | $279K |
2025 | |
2024 | |
2023 | |
2022 | |
2021 | |
2020 | |
2019 | |
2018 | |
2017 | |
2016 | |
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 |
|---|---|---|---|---|---|---|---|
0.12 | Single-Family Home | $218,000 | 05/27/26 | 3 | 2 | 1,642 | |
0.08 | Single-Family Home | $260,000 | 06/08/26 | 4 | 2 | 1,745 | |
0.17 | Single-Family Home | $168,000 | 02/09/26 | 3 | 1.5 | 1,578 | |
0.15 | Single-Family Home | $250,000 | 03/13/26 | 3 | 2 | 1,146 | |
0.05 | Single-Family Home | $229,900 | 06/25/26 | 3 | 2 | 1,144 | |
0.39 | Single-Family Home | $325,000 | 02/26/26 | 3 | 2 | 2,032 | |
0.20 | Single-Family Home | $255,000 | 11/04/25 | 3 | 2 | 972 | |
0.32 | Single-Family Home | $257,000 | 12/01/25 | 3 | 2 | 1,120 |
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 |
|---|---|---|---|---|---|---|
0.05 | $229,900 | 3 | 2 | 1,144 | Recently Sold | |
0.07 | $180,300 | 3 | 1 | 1,151 | Off Market | |
0.03 | $255,400 | 3 | 1 | 1,040 | Off Market | |
0.08 | $260,000 | 4 | 2 | 1,745 | Recently Sold | |
0.07 | $225,000 | - | - | - | For Sale | |
0.08 | $207,400 | 2 | 1 | 848 | Off Market | |
0.13 | $160,000 | 2 | 1 | 828 | Recently Sold | |
0.09 | $346,100 | 6 | 3 | 2,204 | Off Market | |
0.13 | $184,200 | 2 | 1 | 776 | Off Market | |
0.12 | $218,000 | 3 | 2 | 1,642 | Recently Sold | |
0.11 | $235,400 | 3 | 2 | 1,320 | Off Market |
Price and Tax history
| Date | Event | Price |
|---|---|---|
Jul 20, 2026 Source: DMMLS #741468 | PriceChange | $264,900 Price decreased by 2% |
May 22, 2026 Source: DMMLS #741468 | Listed For Sale | $269,900 |
Aug 18, 2021 Source: DMMLS #630100 | Sold | $220,000 |
Jun 25, 2021 Source: DMMLS #630100 | Pending | $220,000 |
Jun 16, 2021 Source: DMMLS #630100 | PriceChange | $220,000 Price decreased by 2% |
Jun 7, 2021 Source: DMMLS #630100 | PriceChange | $224,000 Price decreased by 2% |
May 27, 2021 Source: DMMLS #630100 | Listed For Sale | $229,000 |
Mar 24, 2021 Source: N/A | ListingRemoved | |
Dec 8, 2017 Source: CIBR #48380 | Sold | $185,000 |
Sep 18, 2017 Source: N/A | Listed For Sale | $192,500 |
May 16, 2013 Source: N/A | Sold | $132,000 |
| Year | Property tax | Tax assessment |
|---|---|---|
| 2025 | $4,630 | $302,710 |
Home facts updated by county records
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Erin Rundall, Keller Williams Realty GDM
Agent Phone: (515) 326-0369
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
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Frequently asked questions about 309 E 1st St
- What is the estimated monthly payment for 309 E 1st St?Based on a $264,900 list price with 20% down at today's rates, the estimated monthly payment for 309 E 1st St in Madrid, IA is approximately $1,854 (about $1,446 principal & interest, $333 property taxes, and $75 homeowner's insurance). This is an estimate. Actual payment depends on your loan terms.
- What do residents say about Madrid?Residents describe Madrid, IA as quiet, well-kept, and walkable to restaurants. See homes for sale in Madrid, IA.
- What are the closest schools to 309 E 1st St?The closest schools to 309 E 1st St in Madrid, IA are Madrid Elementary School (rated 8/10), Madrid High School (rated 8/10), Madrid Junior High School (rated 7/10).
- What is 309 E 1st St estimated to be worth?Trulia's estimated value for 309 E 1st St in Madrid, IA is $257,000.
- Does 309 E 1st St have air conditioning?Yes, 309 E 1st St in Madrid, IA has air conditioning.
- Does 309 E 1st St have laundry facilities?Yes, 309 E 1st St in Madrid, IA has in-unit laundry.
309 E 1st St, Madrid, IA 50156 is a 3 bedroom, 2 bathroom, 1,848 sqft single-family home built in 1900. This property is currently available for sale and was listed by DMMLS on May 22, 2026. The MLS # for this home is MLS# 741468.