509 E 1st St
Madrid, IA 50156
2 Beds
1 Bath
828 sqft (on 0.26 acres)
2 Beds
1 Bath
828 sqft
(on 0.26 acres)
Local Information
- Map ViewExplore the area around 509 E 1st St.
- Schools1 Elementary School1 Middle School1 High School
- Shop & Eat
-- mins to
Home Highlights
Property Type
Single-Family Home
Year Built
1920
Lot Size
0.26 acres
Living Area
828 sqft
Price/Sqft
$193/sqft
Description
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. It is currently off market. The Trulia Estimate is $160,600, with a rent estimate of $930/month.
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 |
Last check for updates: about 2 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
Price History for 509 E 1st St
| Date | Price | Event | Source |
|---|---|---|---|
| 06/11/2026 | $160,000 | Sold | DMMLS #737330 |
| 05/05/2026 | $160,000 | Pending | DMMLS #737330 |
| 03/31/2026 | $160,000 | Listed For Sale | DMMLS #737330 |
| 01/06/2026 | $169,900 | ListingRemoved | DMMLS #714274 |
| 11/02/2025 | $169,900 | PriceChange | DMMLS #714274 |
| 08/22/2025 | $172,000 | PriceChange | DMMLS #714274 |
| 06/26/2025 | $179,000 | PriceChange | DMMLS #714274 |
| 05/13/2025 | $184,000 | PriceChange | DMMLS #714274 |
| 04/07/2025 | $189,000 | PriceChange | DMMLS #714274 |
| 03/27/2025 | $195,000 | Listed For Sale | DMMLS #714274 |
| 06/22/2017 | $66,000 | Sold | CIBR #46980 |
| 04/11/2006 | $61,000 | Sold | N/A |
Market trends in Madrid
Last updated June 2026
Avg. sale price
—
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 | $2,002 |
| Assessment | $134,890 |
Home facts updated by county records
Comparable Sales for 509 E 1st St
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 | |
0.41 | Single-Family Home | $141,000 | 02/04/26 | 2 | 1.5 | 1,232 | |
0.38 | Single-Family Home | $181,900 | 05/18/26 | 4 | 1 | 1,030 |
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Assigned Schools
These are the assigned schools for 509 E 1st 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 509 E 1st 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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Off Market Homes Near 509 E 1st St
- SOLDJUN 25, 2026Keller Williams Realty GDM
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