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

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 0.20 acres (8,712 sq ft).

OFF MARKET

$16,630

Tax assessed value

Studio

401 E 2nd St, Madrid, IA 50156

Home Value

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

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
515 E 2nd St, Madrid, IA	0.09	Single-Family Home	$40,000	10/14/26	2	1	1,059
216 E 2nd St, Madrid, IA	0.10	Single-Family Home	$218,000	05/27/26	3	2	1,642
115 E 1st St, Madrid, IA	0.17	Single-Family Home	$75,000	06/18/26	3	2	1,771
110 S Union St, Madrid, IA	0.16	Single-Family Home	$310,000	05/29/26	4	2	1,812

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
401 E 2nd St, Madrid, IA 50156	0.00	$183,700	2	2	1,236	Off Market
405 E 2nd St, Madrid, IA 50156	0.01	-	2	1	-	Off Market
401 E 2nd St, Madrid, IA 50156	0.01	-	Studio	-	-	Off Market
114 S Kennedy Ave, Madrid, IA 50156	0.02	$252,700	Studio	-	1,204	Off Market
320 E 1st St, Madrid, IA 50156	0.03	$293,500	4	4	1,260	Off Market
402 E 1st St, Madrid, IA 50156	0.03	$177,600	2	1	1,151	Off Market
410 E 2nd St, Madrid, IA 50156	0.03	$174,200	Studio	-	1,660	Off Market
314 E 1st St, Madrid, IA 50156	0.04	$208,800	2	1	960	Off Market
310 E 1st St, Madrid, IA 50156	0.05	$240,900	3	2	1,601	Off Market
210 S Kennedy Ave, Madrid, IA 50156	0.05	-	Studio	-	-	Off Market
210 S Kennedy Ave, Madrid, IA 50156	0.05	-	Studio	-	-	Off Market
501 E 2nd St, Madrid, IA 50156	0.05	$353,200	Studio	-	1,920	Off Market
115 S Cedar St, Madrid, IA 50156	0.06	-	-	-	-	Off Market
105 S Kennedy Ave, Madrid, IA 50156	0.06	$159,500	2	1	1,228	Off Market
411 E 1st St, Madrid, IA 50156	0.06	$181,400	4	2	1,990	Off Market
201 S Cedar St, Madrid, IA 50156	0.07	$249,700	4	2	2,252	Off Market
201 S Cedar St, Madrid, IA 50156	0.07	-	Studio	-	-	Off Market
101 S Kennedy Ave, Madrid, IA 50156	0.07	$152,300	1	2	1,375	Off Market

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

Single-Family Home

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 a lot size of 8712 sqft.

401 E 2nd St, Madrid, IA 50156 is a studio single-family home. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate rent is $1,342/month.

Home Details for 401 E 2nd St

Property Information
Property Type / Style Property Type: Single Family Home

Lot Information
Lot Area: 8712 sqft

Price and Tax history

Year	Property tax	Tax assessment
2025	$232	$16,630

Home facts updated by county records

Additional Cost

Market trends in Madrid

Last updated October 2026

Avg. sale price

—

Sale-to-List Price

—

Price per sq ft

—

Available listings

7MoM

Sourced by Trulia Market Trends

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 401 E 2nd St

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 0.20 acres (8,712 sq ft).