401 E 2nd St, Madrid, IA 50156
OFF MARKET

401 E 2nd St
Madrid, IA 50156

  • 2 Beds
  • 2 Baths
  • 1,236 sqft

$190,500

Trulia Estimate
as of Aug 24, 2026
Est. Refi. Payment $1,296/mo*
Refinance Your Home

$190,500

Trulia Estimate
as of Aug 24, 2026
Est. Refi. Payment $1,296/mo*
Refinance Your Home
2 Beds
2 Baths
1,236 sqft

Home Value

Trulia Estimate
$191K
Since last month
Increased$500 (+0.3%)
Since last year
Increased$1K (+0.5%)
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 +96% in the last 10 years
MonthEstimated value
2026
August 2026$192K
July 2026$191K
June 2026$203K
May 2026$205K
April 2026$203K
March 2026$200K
February 2026$188K
January 2026$181K
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
216 E 2nd St, Madrid, IA
0.10
Single-Family Home
$218,000
05/27/26
3
2
1,642
110 S Union St, Madrid, IA
0.16
Single-Family Home
$310,000
05/29/26
4
2
1,812
115 E 1st St, Madrid, IA
0.17
Single-Family Home
$75,000
06/18/26
3
2
1,771
618 S Union St, Madrid, IA
0.38
Single-Family Home
$148,000
03/03/26
2
2
1,118
513 E 3rd St, Madrid, IA
0.11
Single-Family Home
$150,000
08/29/25
2
1
818

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
402 E 1st St, Madrid, IA 50156
0.03
$183,600
3
1
1,151
Off Market
510 E 1st St, Madrid, IA 50156
0.08
$185,900
2
1
776
Off Market
607 E 2nd St, Madrid, IA 50156
0.13
$248,400
2
2
1,612
Off Market
216 E 2nd St, Madrid, IA 50156
0.10
$218,000
3
2
1,642
Recently Sold

Local Information

  • Map ViewExplore the area around 401 E 2nd St.
  • Schools1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Property Type
Single-Family Home
Year Built
1890
Living Area
1,236 sqft
Price/Sqft
$154
Parking
Garage

About this House

This single-family home is located at 401 E 2nd St, Madrid, IA. 401 E 2nd St is in Madrid, IA and in ZIP code 50156. This property has 2 bedrooms, 2 bathrooms and approximately 1,236 sqft of floor space. This property has a lot size of 5676 sqft and was built in 1890.
401 E 2nd St, Madrid, IA 50156 is a 2 bedroom, 2 bathroom, 1,236 sqft single-family home built in 1890. It is currently off market. The Trulia Estimate is $190,500, with a rent estimate of $1,212/month.

Home Details for 401 E 2nd St

Interior Features

Interior Details
BasementNumber of Rooms: 5
Heating & Cooling
Heating: Forced AirAir ConditioningHeating Fuel: Forced Air
Levels, Entrance, & Accessibility
Stories: 1Floors: Carpet, Linoleum Vinyl
Fireplace & Spa
Fireplace

Exterior Features

Exterior Home Features
Roof: AsphaltDeckExterior: MetalFoundation Type: Other
Parking & Garage
GarageParking: Garage Detached

Property Information

Year Built
Year Built: 1890
Property Type / Style
Property Type: Single Family HomeArchitecture: A-frame

Lot Information

Lot Area: 5676 sqft

Price and Tax history

YearProperty taxTax assessment
2025
$2,266
$184,800
Home facts updated by county records

Market trends in Madrid

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
—
Sale-to-List Price
—
Price per sq ft
—
Available listings
15

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.

LGBTQ Local Legal Protections

Frequently asked questions about 401 E 2nd St

  • What is 401 E 2nd St estimated to be worth?
    Trulia's estimated value for 401 E 2nd St in Madrid, IA is $190,500.
  • 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 401 E 2nd St?
    The closest schools to 401 E 2nd St in Madrid, IA are Madrid Elementary School (rated 8/10), Madrid High School (rated 8/10), Madrid Junior High School (rated 7/10).
  • How big is the lot at 401 E 2nd St?
    The lot at 401 E 2nd St in Madrid, IA is about 0.13 acres (5,676 sq ft).
  • Does 401 E 2nd St have a garage?
    Yes, 401 E 2nd St in Madrid, IA has a garage.

Apartments for Rent

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Off Market Homes Near 401 E 2nd St

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