402 E 1st St, Madrid, IA 50156
Property image
Property image
OFF MARKET

$180,300

Trulia Estimate
  • 3 Beds
  • 1 Bath
  • 1,151 sqft

402 E 1st St, Madrid, IA 50156

Est. Refi. Payment $1,271/mo*
Refinance Your Home
Currently Off Market - Sold Aug 11, 2023 for $149,000

Home Value

Trulia Estimate
$180K
Since last month
Increased$1K (+0.7%)
Since last year
Increased$3K (+1.7%)
Since last sale
Increased$33K (+21.8%)
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 +114% in the last 10 years
MonthEstimated value
2026
September 2026$182K
August 2026$180K
July 2026$185K
June 2026$187K
May 2026$184K
April 2026$183K
March 2026$182K
February 2026$177K
January 2026$173K
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
306 N Union St, Madrid, IA
0.24
Single-Family Home
$168,000
02/09/26
3
1.5
1,578
216 E 2nd St, Madrid, IA
0.12
Single-Family Home
$218,000
05/27/26
3
2
1,642

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
510 E 1st St, Madrid, IA 50156
0.07
$185,200
2
1
776
Off Market
607 E 2nd St, Madrid, IA 50156
0.12
$249,900
2
2
1,612
Off Market
315 E 21st St, Madrid, IA 50156
0.17
$227,800
3
1
1,176
Off Market

Local Information

  • Map ViewExplore the area around 402 E 1st St.
  • Schools1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Single-Family Home
Built in 1900
1,151 sqft
$157/sqft
Garage

About this House

Nice starter home with three bedrooms and one single bath. Over 1,150 square feet of finished living area with good sized living room and eat in kitchen. Updates include newer roof, gutters, garage door, storm door, furnace/AC and interior paint. Single car attached garage, single car detached garage with alley access and garden shed. Hard surfaced drive with plenty of room for boat or RV parking. Homes in this price range are hard to find! Call Today!
402 E 1st St, Madrid, IA 50156 is a 3 bedroom, 1 bathroom, 1,151 sqft single-family home built in 1900. It last sold for $149,000 on Aug 11, 2023 (1% below the $149,900 asking price). This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $180,300, with a rent estimate of $1,235/month.
Last check for updates: about 20 hours ago
Listed by Don Lincoln, (515) 432-5650
Nerem & Associates
Bought with: Rich Montanaro, (515) 451-4549, The American Real Estate Company
Source: CIBR, MLS#62558

Home Details for 402 E 1st St

Interior Features

Interior Details
Basement: Partial,Unfinished
Beds & Baths
Number of Bedrooms: 3Number of Bathrooms: 1Number of Bathrooms (full): 1
Dimensions and Layout
Living Area: 1151 Square Feet
Appliances & Utilities
Appliances: Dryer, Range, Refrigerator, WasherDryerRefrigeratorWasher
Heating & Cooling
Heating: Forced Air,Natural GasHas CoolingAir Conditioning: Central AirHas HeatingHeating Fuel: Forced Air
Windows, Doors, Floors & Walls
Flooring: Vinyl, Carpet
Levels, Entrance, & Accessibility
Floors: Vinyl, Carpet

Exterior Features

Exterior Home Features
Foundation: Brick/Mortar, Concrete Perimeter
Parking & Garage
Has a GarageParking: Garage
Frontage
Road Surface Type: Hard Surface
Water & Sewer
Sewer: Public Sewer
Finished Area
Finished Area (above surface): 1151 Square Feet

Property Information

Year Built
Year Built: 1900
Property Type / Style
Property Type: ResidentialProperty Subtype: Single Family Residence, Residential
Building
Construction Materials: Masonite
Property Information
Parcel Number: 088226361186088

Price & Status

Price
List Price: $149,900

Active Status

MLS Status: Closed

Location

Direction & Address
City: Madrid
School Information
High School District: Madrid

Building

Building Area
Building Area: 1151 Square Feet

HOA

No HOA

Lot Information

Lot Area: 8712 sqft

Listing Info

Special Conditions: Standard

Miscellaneous

BasementMls Number: 62558Above Grade Unfinished Area: 1151

Price and Tax history

DateEventPrice
Aug 11, 2023
Source: CIBR #62558
Sold
$149,000
Jul 1, 2023
Source: CIBR #62558
Pending
$149,900
Jun 30, 2023
Source: CIBR #62558
PriceChange
$149,900
Price decreased by 6%
Jun 15, 2023
Source: CIBR #62558
Listed For Sale
$159,900

Market trends in Madrid

Last updated August 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
—
Sale-to-List Price
—
Price per sq ft
—
Available listings
21
6MoM

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

Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but not accurate.

Frequently asked questions about 402 E 1st St

  • What is 402 E 1st St estimated to be worth?
    Trulia's estimated value for 402 E 1st St in Madrid, IA is $180,300.
  • What is the price history for 402 E 1st St?
    402 E 1st St in Madrid, IA last sold for $149,000 in August 2023.
  • 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.
  • Does 402 E 1st St have air conditioning?
    Yes, 402 E 1st St in Madrid, IA has air conditioning.
  • Does 402 E 1st St have laundry facilities?
    Yes, 402 E 1st St in Madrid, IA has in-unit laundry.

Apartments for Rent

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Off Market Homes Near 402 E 1st St

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