$160,600
2 Beds
1 Bath
828 sqft (on 0.26 acres)
509 E 1st St, Madrid, IA 50156
Est. Refi. Payment $1,140/mo*
Refinance Your HomeCurrently Off Market - Sold Jun 11, 2026 for $160,000
Home Value
Trulia Estimate
$161KSince last month
Decreased$900 (-0.6%)Since last year
Decreased$5K (-3.2%)Since last sale
Decreased$200 (-0.1%)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 +103% in the last 10 years
| Month | Estimated value |
|---|---|
2026 | |
| September 2026 | $160K |
| August 2026 | $161K |
| July 2026 | $161K |
| June 2026 | $160K |
| May 2026 | $153K |
| April 2026 | $153K |
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 |
|---|---|---|---|---|---|---|---|
0.45 | Single-Family Home | $185,000 | 01/02/26 | 2 | 1 | 768 | |
0.15 | Single-Family Home | $161,900 | 03/24/26 | 2 | 2 | 1,064 | |
0.22 | Single-Family Home | $195,000 | 06/30/26 | 3 | 1 | 1,288 | |
0.46 | Single-Family Home | $89,900 | 04/22/26 | 2 | 1 | 794 | |
0.48 | Single-Family Home | $175,000 | 03/20/26 | 3 | 1 | 932 | |
0.23 | Single-Family Home | $255,000 | 11/04/25 | 3 | 2 | 972 | |
0.38 | Single-Family Home | $181,900 | 05/18/26 | 4 | 1 | 1,030 | |
0.19 | Single-Family Home | $250,000 | 03/13/26 | 3 | 2 | 1,146 | |
0.20 | 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 |
|---|---|---|---|---|---|---|
0.04 | $185,200 | 2 | 1 | 776 | Off Market | |
0.05 | $249,900 | 3 | 1.5 | 1,704 | For Sale | |
0.07 | $260,000 | 4 | 2 | 1,745 | Recently Sold | |
0.08 | $181,500 | 3 | 1 | 1,151 | Off Market | |
0.08 | $225,000 | - | - | - | For Sale | |
0.09 | $252,000 | 2 | 2 | 1,612 | Off Market | |
0.13 | $264,900 | 3 | 2 | 1,848 | For Sale | |
0.13 | $256,600 | 3 | 1 | 1,040 | Off Market | |
0.13 | $196,400 | 3 | 1.5 | 1,522 | Off Market | |
0.14 | $229,900 | 3 | 2 | 1,144 | Recently Sold | |
0.15 | $161,900 | 2 | 2 | 1,064 | Recently Sold |
Local Information
- Map ViewExplore the area around 509 E 1st St.
- Schools1 Elementary School1 Middle School1 High School
- Shop & Eat
-- mins to
Home Highlights
Single-Family Home
Built in 1920
0.26 acre lot
828 sqft
$193/sqft
About this House
Charming 2 bedroom, 1 bathroom ranch that is move in ready and full of character. From the moment you walk in, you'll notice the arched doorways that give this home a unique feel you don't see every day.
The main living areas offer a comfortable layout with plush carpet and great natural light. The kitchen features a tile backsplash and comes fully equipped with refrigerator and stove, making for an easy transition for the next owner.
Major update with all new windows installed in March 2025, helping with efficiency while bringing in even more natural light throughout the home. Gas forced air heat and central air keep things comfortable year round.
Located in a great area with quick access to the High Trestle Trail, perfect for biking, walking, and enjoying the outdoors.
All information obtained from seller an dpublic record.
The main living areas offer a comfortable layout with plush carpet and great natural light. The kitchen features a tile backsplash and comes fully equipped with refrigerator and stove, making for an easy transition for the next owner.
Major update with all new windows installed in March 2025, helping with efficiency while bringing in even more natural light throughout the home. Gas forced air heat and central air keep things comfortable year round.
Located in a great area with quick access to the High Trestle Trail, perfect for biking, walking, and enjoying the outdoors.
All information obtained from seller an dpublic record.
509 E 1st St, Madrid, IA 50156 is a 2 bedroom, 1 bathroom, 828 sqft single-family home built in 1920. It last sold for the $160,000 asking price on Jun 11, 2026. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $160,600, with a rent estimate of $930/month.
Last check for updates: about 12 hours ago
Listed by Bo Cosens
RE/MAX Precision
Bought with: OUTSIDE AGENT, OTHER
Originating MLS: Des Moines Area Association of REALTORS
Source: DMMLS, MLS#737330
Home Details for 509 E 1st St
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Interior Details Basement: Partially Finished |
Beds & Baths Number of Bedrooms: 2Main Level Bedrooms: 2Number of Bathrooms: 1Number of Bathrooms (full): 1 |
Dimensions and Layout Living Area: 828 Square Feet |
Appliances & Utilities Appliances: Refrigerator, StoveRefrigerator |
Heating & Cooling Heating: Forced Air,Gas,Natural GasHas CoolingAir Conditioning: Central AirHas HeatingHeating Fuel: Forced Air |
Windows, Doors, Floors & Walls Flooring: Tile |
Levels, Entrance, & Accessibility Stories: 1Floors: Tile |
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Exterior Home Features Foundation: Brick/Mortar |
Frontage Road Surface Type: ConcreteNot on Waterfront |
Water & Sewer Sewer: Public Sewer |
Finished Area Finished Area (below surface): 272 Square Feet |
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Cumulative Days on Market: 34 |
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Year Built Year Built: 1920 |
Property Type / Style Property Type: ResidentialProperty Subtype: Single Family ResidenceArchitecture: Ranch |
Building Construction Materials: Stucco |
Property Information Parcel Number: 088225312286102 |
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Price List Price: $160,000Price Per Sqft: $193/sqft |
Status Change & Dates Off Market Date: Tue May 05 2026 |
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MLS Status: Closed |
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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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Building Area Building Area: 828 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: 0.26 acres |
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Listing Terms: Cash, Conventional, FHA, USDA Loan, VA Loan |
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BasementMls Number: 737330Living Area Range Units: Square FeetAbove Grade Unfinished Area Units: Square FeetBelow Grade Unfinished Area Units: Square FeetUniversal Property Id: US-19015-N-088225312286102-R-N |
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Days On Market Replication: 34 |
Price and Tax history
| Date | Event | Price |
|---|---|---|
Jun 11, 2026 Source: DMMLS #737330 | Sold | $160,000 |
May 5, 2026 Source: DMMLS #737330 | Pending | $160,000 |
Mar 31, 2026 Source: DMMLS #737330 | Listed For Sale | $160,000 |
Jan 6, 2026 Source: DMMLS #714274 | ListingRemoved | $169,900 |
Nov 2, 2025 Source: DMMLS #714274 | PriceChange | $169,900 Price decreased by 1% |
Aug 22, 2025 Source: DMMLS #714274 | PriceChange | $172,000 Price decreased by 4% |
Jun 26, 2025 Source: DMMLS #714274 | PriceChange | $179,000 Price decreased by 3% |
May 13, 2025 Source: DMMLS #714274 | PriceChange | $184,000 Price decreased by 3% |
Apr 7, 2025 Source: DMMLS #714274 | PriceChange | $189,000 Price decreased by 3% |
Mar 27, 2025 Source: DMMLS #714274 | Listed For Sale | $195,000 |
Jun 22, 2017 Source: CIBR #46980 | Sold | $66,000 |
Apr 11, 2006 Source: N/A | Sold | $61,000 |
| Year | Property tax | Tax assessment |
|---|---|---|
| 2025 | $2,002 | $134,890 |
Home facts updated by county records
Market trends in Madrid
Last updated August 2026
Avg. sale price
—
Sale-to-List Price
—
Price per sq ft
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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
LGBTQ Local Legal Protections
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.
Frequently asked questions about 509 E 1st St
- What is 509 E 1st St estimated to be worth?Trulia's estimated value for 509 E 1st St in Madrid, IA is $160,600.
- What is the price history for 509 E 1st St?509 E 1st St in Madrid, IA last sold for $160,000 in June 2026.
- 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 509 E 1st St have air conditioning?Yes, 509 E 1st St in Madrid, IA has air conditioning.
- How big is the lot at 509 E 1st St?The lot at 509 E 1st St in Madrid, IA is about 0.26 acres (11,326 sq ft).
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