502 E 2nd St
Madrid, IA 50156
3 Beds
1 Bath
952 sqft (on 0.43 acres)
3 Beds
1 Bath
952 sqft
(on 0.43 acres)
Local Information
- Map ViewExplore the area around 502 E 2nd St.
- Schools1 Elementary School1 Middle School1 High School
- Shop & Eat
-- mins to
Home Highlights
Property Type
Single-Family Home
Year Built
1910
Lot Size
0.43 acres
Living Area
952 sqft
Price/Sqft
$168
Parking
Garage
Description
Welcome to small town living here in Madrid Iowa. This home is nestled right in the heart of this cute town with a great school system, and just twenty minutes from anywhere in the metro you would want to be. The home features 3 bedrooms, 1 bath, with tons of function on this floor plan. It has a nice mud room and main floor laundry. This home has received a face lift in the last five years with new windows, siding, flooring, paint, air conditioner, furnace, and a full professional rewire of the home. This home has a great oversized back garage, alley access, and a sprawling back yard complete with tire swing. Priced well so won't last long.
502 E 2nd St, Madrid, IA 50156 is a 3 bedroom, 1 bathroom, 952 sqft single-family home built in 1910. It last sold for $62,500 on Dec 11, 2006. It is currently off market. The Trulia Estimate is $160,000, with a rent estimate of $1,246/month.
Home Details for 502 E 2nd St
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Heating & Cooling Heating: OtherHeating Fuel: Other |
Levels, Entrance, & Accessibility Stories: 1Floors: Carpet |
Interior Details Number of Rooms: 5 |
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Exterior Home Features Roof: AsphaltExterior: OtherFoundation Type: Concrete Block |
Parking & Garage GarageParking: Garage Detached |
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Year Built Year Built: 1910 |
Property Type / Style Property Type: Single Family HomeArchitecture: A-frame |
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Lot Area: 0.43 acres |
Price History for 502 E 2nd St
| Date | Price | Event | Source |
|---|---|---|---|
| 04/05/2016 | $80,000 | ListingRemoved | Agent Provided |
| 04/02/2016 | $80,000 | Listed For Sale | Agent Provided |
| 12/11/2006 | $62,500 | Sold | N/A |
Market trends in Madrid
Last updated June 2026
Avg. sale price
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Sale-to-List Price
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Price per sq ft
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Available listings
15
1MoM
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Property Tax and Assessment
| Year | 2025 |
|---|---|
| Tax | $2,152 |
| Assessment | $150,780 |
Home facts updated by county records
Comparable Sales for 502 E 2nd St
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.04 | Single-Family Home | $150,000 | 08/29/25 | 2 | 1 | 818 | |
0.25 | Single-Family Home | $181,900 | 05/18/26 | 4 | 1 | 1,030 | |
0.32 | Single-Family Home | $205,000 | 12/23/25 | 3 | 2 | 936 | |
0.23 | Single-Family Home | $75,000 | 06/18/26 | 3 | 2 | 1,771 | |
0.14 | Single-Family Home | $218,000 | 05/27/26 | 3 | 2 | 1,642 |
Nearby homes
Get a sense of prices in the area by checking nearby homes.
Assigned Schools
These are the assigned schools for 502 E 2nd St.
- Madrid Elementary School
- K-5
- Public
- 263 Students
8/10GreatSchools RatingParent Rating AverageMy grandsons attend this school. They enjoy it because the class sizes aren't huge, like Des Moines. Great school!!!Other Review16y ago - Madrid High School
- 9-12
- Public
- 194 Students
8/10GreatSchools RatingParent Rating AverageN/AParent Review18y ago - Madrid Junior High School
- 6-8
- Public
- 154 Students
7/10GreatSchools RatingParent Rating AverageN/AParent Review18y ago 
Check out schools near 502 E 2nd St.
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.
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