623 E  1st St, Madrid, IA 50156
OFF MARKET

$252,500

Trulia Estimate
  • 2 Beds
  • 2 Baths
  • 1,214 sqft (on 0.29 acres)

623 E 1st St, Madrid, IA 50156

Est. Refi. Payment $1,705/mo*
Refinance Your Home
Currently Off Market - Sold Aug 10, 2021 for $195,000

Home Value

Trulia Estimate
$253K
Since last month
Decreased$5K (-1.8%)
Since last year
Increased$5K (+2.1%)
Since last sale
Increased$58K (+29.5%)
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 +58% in the last 10 years
MonthEstimated value
2026
August 2026$253K
August 2026$252K
July 2026$257K
June 2026$257K
May 2026$254K
April 2026$252K
March 2026$249K
February 2026$245K
January 2026$242K
2025
2024
2023
2022
2021
2020

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
0.31
Single-Family Home
$295,000
09/17/25
2
2
1,256
0.26
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
0.06
$249,900
2
2
1,612
Off Market
0.11
$235,600
3
1
1,080
Off Market
0.09
$184,200
2
1
776
Off Market

Local Information

  • Map ViewExplore the area around 623 E 1st St.
  • Schools1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Single-Family Home
Built in 1922
0.29 acre lot
1,214 sqft
$208/sqft
Garage

About this House

This single-family home is located at 623 E 1st St, Madrid, IA. 623 E 1st St is in Madrid, IA and in ZIP code 50156. This property has 2 bedrooms, 2 bathrooms and approximately 1,214 sqft of floor space. This property has a lot size of 0.29 acres and was built in 1922.
623 E 1st St, Madrid, IA 50156 is a 2 bedroom, 2 bathroom, 1,214 sqft single-family home built in 1922. It last sold for $195,000 on Aug 10, 2021. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $252,500, with a rent estimate of $1,000/month.

Home Details for 623 E 1st St

Interior Features

Interior Details
BasementNumber of Rooms: 10
Heating & Cooling
Heating: Forced AirAir ConditioningHeating Fuel: Forced Air
Levels, Entrance, & Accessibility
Stories: 1Floors: Carpet, Linoleum Vinyl
Fireplace & Spa
Fireplace

Exterior Features

Exterior Home Features
Roof: AsphaltExterior: OtherFoundation Type: Masonry
Parking & Garage
GarageParking: Garage Detached

Property Information

Year Built
Year Built: 1922
Property Type / Style
Property Type: Single Family HomeArchitecture: A-frame

Lot Information

Lot Area: 0.29 acres

Price and Tax history

DateEventPrice
Aug 10, 2021
Source: N/A
Sold
$195,000
Jun 19, 2007
Source: N/A
Sold
$120,000

Market trends in Madrid

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
Sale-to-List Price
Price per sq ft
Available listings
15

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 623 E 1st St

  • What is 623 E 1st St estimated to be worth?
    Trulia's estimated value for 623 E 1st St in Madrid, IA is $252,500.
  • What is the price history for 623 E 1st St?
    623 E 1st St in Madrid, IA last sold for $195,000 in August 2021.
  • 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.
  • How big is the lot at 623 E 1st St?
    The lot at 623 E 1st St in Madrid, IA is about 0.29 acres (12,551 sq ft).
  • Does 623 E 1st St have a garage?
    Yes, 623 E 1st St in Madrid, IA has a garage.

Apartments for Rent

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Off Market Homes Near 623 E 1st St

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Homes for sale near 623 E 1st St

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