As of early 2026, 100% of users say it's quiet

Are yards well-kept in Madrid, IA?

As of early 2026, 90% of users say yards are well-kept

Is Madrid, IA walkable to restaurants?

As of early 2026, 89% of users say it's walkable to restaurants

Is parking easy in Madrid, IA?

As of early 2026, 88% of users say parking is easy

Is Madrid, IA dog-friendly?

As of early 2026, 86% of users say it's dog friendly

Is a car needed in Madrid, IA?

As of early 2026, 86% of users say car is needed

Does Madrid, IA show holiday spirit?

As of early 2026, 83% of users say there's holiday spirit

Would people walk alone at night in Madrid, IA?

As of early 2026, 80% of users say people would walk alone at night

Do kids play outside in Madrid, IA?

As of early 2026, 80% of users say kids play outside

Are neighbors friendly in Madrid, IA?

As of early 2026, 59% of users say neighbors are friendly

Is Madrid, IA walkable to grocery stores?

As of early 2026, 57% of users say it's walkable to grocery stores

Does Madrid, IA have sidewalks?

As of early 2026, 56% of users say there are sidewalks

Is there wildlife in Madrid, IA?

As of early 2026, 50% of users say there's wildlife

Are the streets well-lit in Madrid, IA?

As of early 2026, 45% of users say streets are well-lit

Do residents of Madrid, IA plan to stay at least 5 years?

As of early 2026, 44% of users say they plan to stay for at least 5 years

What is 701 E 1st St estimated to be worth?

Trulia's estimated value for 701 E 1st St in Madrid, IA is $236,700 .

What is the price history for 701 E 1st St?

701 E 1st St in Madrid, IA last sold for $100,000 in May 2019.

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 701 E 1st St?

The lot at 701 E 1st St in Madrid, IA is about 0.45 acres (19,602 sq ft).

OFF MARKET

$236,700

Trulia Estimate

3 Beds
2 Baths
1,528 sqft (on 0.45 acres)

701 E 1st St, Madrid, IA 50156

Est. Refi. Payment $1,602/mo*

Refinance Your Home

Currently Off Market - Sold May 31, 2019 for $100,000

Home Value

Trulia Estimate

$237K

Since last month

$5K (-2.1%)

Since last year

$13K (+5.8%)

Since last sale

$137K (+136.7%)

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 +126% in the last 10 years

Month	Estimated value
2026
August 2026	$237K
August 2026	$236K
July 2026	$242K
June 2026	$242K
May 2026	$239K
April 2026	$236K
March 2026	$234K
February 2026	$226K
January 2026	$217K
2025
December 2025	$218K
November 2025	$226K
October 2025	$229K
September 2025	$224K
August 2025	$224K
July 2025	$223K
June 2025	$224K
May 2025	$221K
April 2025	$222K
March 2025	$216K
February 2025	$208K
January 2025	$207K
2024
December 2024	$213K
November 2024	$219K
October 2024	$217K
September 2024	$218K
August 2024	$213K
July 2024	$217K
June 2024	$217K
May 2024	$219K
April 2024	$213K
March 2024	$208K
February 2024	$201K
January 2024	$200K
2023
December 2023	$211K
November 2023	$210K
October 2023	$214K
September 2023	$217K
August 2023	$216K
July 2023	$218K
June 2023	$205K
May 2023	$191K
April 2023	$186K
March 2023	$182K
February 2023	$171K
January 2023	$166K
2022
December 2022	$164K
November 2022	$168K
October 2022	$170K
September 2022	$172K
August 2022	$172K
July 2022	$173K
June 2022	$169K
May 2022	$165K
April 2022	$160K
March 2022	$156K
February 2022	$152K
January 2022	$151K
2021
December 2021	$151K
November 2021	$151K
October 2021	$153K
September 2021	$155K
August 2021	$156K
July 2021	$163K
June 2021	$141K
May 2021	$107K
April 2021	$107K
March 2021	$107K
February 2021	$107K
January 2021	$105K
2020
December 2020	$105K
November 2020	$105K
October 2020	$104K
September 2020	$103K
August 2020	$103K
July 2020	$104K
June 2020	$103K
May 2020	$103K
April 2020	$103K
March 2020	$103K
February 2020	$103K
January 2020	$103K
2019
December 2019	$102K
November 2019	$102K
October 2019	$102K
September 2019	$101K
August 2019	$101K
July 2019	$101K
June 2019	$100K
May 2019	$119K
April 2019	$119K
March 2019	$129K
February 2019	$145K
January 2019	$136K
2018
December 2018	$142K
November 2018	$131K
October 2018	$130K
September 2018	$123K
August 2018	$128K
July 2018	$126K
June 2018	$126K
May 2018	$138K
April 2018	$138K
March 2018	$132K
February 2018	$127K
January 2018	$128K
2017
December 2017	$125K
November 2017	$121K
October 2017	$125K
September 2017	$119K
August 2017	$130K
July 2017	$126K
June 2017	$128K
May 2017	$127K
April 2017	$123K
March 2017	$126K
February 2017	$129K
January 2017	$130K
2016
December 2016	$102K
November 2016	$105K
October 2016	$105K
September 2016	$105K

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
115 E 1st St, Madrid, IA	0.33	Single-Family Home	$75,000	06/18/26	3	2	1,771
109 N County Line Rd, Madrid, IA	0.16	Single-Family Home	$325,000	02/26/26	3	2	2,032
216 E 2nd St, Madrid, IA	0.28	Single-Family Home	$218,000	05/27/26	3	2	1,642
306 N Union St, Madrid, IA	0.37	Single-Family Home	$168,000	02/09/26	3	1.5	1,578
305 Springer Ct, Madrid, IA	0.20	Single-Family Home	$498,324	03/05/26	3	2	1,818
626 S Madison St, Madrid, IA	0.42	Single-Family Home	$205,000	12/23/25	3	2	936

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
607 E 2nd St, Madrid, IA 50156	0.07	$249,900	2	2	1,612	Off Market
703 E North St, Madrid, IA 50156	0.10	$235,600	3	1	1,080	Off Market
510 E 1st St, Madrid, IA 50156	0.11	$184,200	2	1	776	Off Market

Local Information

Map ViewExplore the area around 701 E 1st St.
Schools1 Elementary School1 Middle School1 High School
Shop & Eat

-- mins to

Commute Destination

Home Highlights

Single-Family Home

Built in 1900

0.45 acre lot

1,528 sqft

$155/sqft

About this House

Charming home with fantastic original woodwork! Beautiful hardwood floors just need a little TLC. Double corner lot with mature trees and storage shed. Quiet location close to highways.

701 E 1st St, Madrid, IA 50156 is a 3 bedroom, 2 bathroom, 1,528 sqft single-family home built in 1900. It last sold for $100,000 on May 31, 2019. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $236,700, with a rent estimate of $1,488/month.

Home Details for 701 E 1st St

Interior Features
Heating & Cooling Heating: Forced Air, GasHeating Fuel: Forced Air
Levels, Entrance, & Accessibility Stories: 1.5Floors: Hardwood
Interior Details Number of Rooms: 9Types of Rooms: Dining Room
Appliances & Utilities Cable Ready

Exterior Features
Exterior Home Features Roof: AsphaltExterior: VinylFoundation Type: Other

Property Information
Year Built Year Built: 1900
Property Type / Style Property Type: Single Family HomeArchitecture: A-frame

Lot Information
Lot Area: 0.45 acres

Price and Tax history

Date	Event	Price
May 31, 2019 Source: DMMLS #577326	Sold	$100,000
Apr 23, 2019 Source: Agent Provided	Pending	$119,900
Apr 11, 2019 Source: Agent Provided	PriceChange	$119,900 Price decreased by 8%
Mar 20, 2019 Source: Agent Provided	PriceChange	$129,900 Price decreased by 4%
Mar 4, 2019 Source: Agent Provided	Listed For Sale	$134,900

Year	Property tax	Tax assessment
2025	$2,540	$192,940

Additional Cost

Market trends in Madrid

Last updated July 2026

Avg. sale price

—

Sale-to-List Price

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Price per sq ft

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Available listings

Around this home

Madrid Elementary School
K-5
Public
263 Students
Madrid Community School District
8/10
GreatSchools Rating
Parent Rating Average
My grandsons attend this school. They enjoy it because the class sizes aren't huge, like Des Moines. Great school!!!
Other Review
16y ago
2 Reviews

View nearby schools on GreatSchools

The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

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 701 E 1st St

What is 701 E 1st St estimated to be worth?
Trulia's estimated value for 701 E 1st St in Madrid, IA is $236,700.
What is the price history for 701 E 1st St?
701 E 1st St in Madrid, IA last sold for $100,000 in May 2019.
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 701 E 1st St?
The lot at 701 E 1st St in Madrid, IA is about 0.45 acres (19,602 sq ft).