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 721 E 2nd St estimated to be worth?

Trulia's estimated value for 721 E 2nd St in Madrid, IA is $264,500 .

What is the price history for 721 E 2nd St?

721 E 2nd St in Madrid, IA last sold for $115,000 in October 2014.

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 721 E 2nd St have laundry facilities?

Yes, 721 E 2nd St in Madrid, IA has in-unit laundry.

How big is the lot at 721 E 2nd St?

The lot at 721 E 2nd St in Madrid, IA is about 0.24 acres (10,500 sq ft).

OFF MARKET

$264,500

Trulia Estimate

4 Beds
3 Baths
2,400 sqft

721 E 2nd St, Madrid, IA 50156

Est. Refi. Payment $1,785/mo*

Refinance Your Home

Currently Off Market - Sold Oct 30, 2014 for $115,000

Home Value

Trulia Estimate

$265K

Since last month

$7K (-2.6%)

Since last year

$19K (+7.5%)

Since last sale

$150K (+130%)

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 +91% in the last 10 years

Month	Estimated value
2026
August 2026	$265K
August 2026	$264K
July 2026	$272K
June 2026	$272K
May 2026	$272K
April 2026	$267K
March 2026	$262K
February 2026	$250K
January 2026	$242K
2025
December 2025	$246K
November 2025	$252K
October 2025	$250K
September 2025	$248K
August 2025	$246K
July 2025	$250K
June 2025	$252K
May 2025	$249K
April 2025	$248K
March 2025	$243K
February 2025	$234K
January 2025	$231K
2024
December 2024	$239K
November 2024	$243K
October 2024	$241K
September 2024	$240K
August 2024	$243K
July 2024	$247K
June 2024	$249K
May 2024	$247K
April 2024	$240K
March 2024	$233K
February 2024	$225K
January 2024	$223K
2023
December 2023	$225K
November 2023	$223K
October 2023	$230K
September 2023	$233K
August 2023	$233K
July 2023	$243K
June 2023	$220K
May 2023	$230K
April 2023	$225K
March 2023	$226K
February 2023	$216K
January 2023	$216K
2022
December 2022	$214K
November 2022	$219K
October 2022	$222K
September 2022	$224K
August 2022	$226K
July 2022	$229K
June 2022	$225K
May 2022	$221K
April 2022	$214K
March 2022	$207K
February 2022	$196K
January 2022	$194K
2021
December 2021	$197K
November 2021	$198K
October 2021	$200K
September 2021	$200K
August 2021	$202K
July 2021	$204K
June 2021	$194K
May 2021	$177K
April 2021	$177K
March 2021	$169K
February 2021	$168K
January 2021	$167K
2020
December 2020	$166K
November 2020	$164K
October 2020	$167K
September 2020	$167K
August 2020	$166K
July 2020	$167K
June 2020	$166K
May 2020	$164K
April 2020	$165K
March 2020	$156K
February 2020	$154K
January 2020	$152K
2019
December 2019	$149K
November 2019	$149K
October 2019	$146K
September 2019	$144K
August 2019	$145K
July 2019	$147K
June 2019	$149K
May 2019	$149K
April 2019	$150K
March 2019	$148K
February 2019	$152K
January 2019	$145K
2018
December 2018	$147K
November 2018	$145K
October 2018	$141K
September 2018	$144K
August 2018	$147K
July 2018	$143K
June 2018	$144K
May 2018	$146K
April 2018	$153K
March 2018	$150K
February 2018	$145K
January 2018	$146K
2017
December 2017	$145K
November 2017	$145K
October 2017	$146K
September 2017	$146K
August 2017	$152K
July 2017	$151K
June 2017	$150K
May 2017	$153K
April 2017	$150K
March 2017	$148K
February 2017	$140K
January 2017	$145K
2016
December 2016	$147K
November 2016	$141K
October 2016	$136K
September 2016	$139K

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
411 Springer Ct, Madrid, IA	0.24	Single-Family Home	$427,904	02/06/26	4	2.5	1,892
216 E 2nd St, Madrid, IA	0.33	Single-Family Home	$218,000	05/27/26	3	2	1,642
115 E 1st St, Madrid, IA	0.40	Single-Family Home	$75,000	06/18/26	3	2	1,771
306 N Union St, Madrid, IA	0.45	Single-Family Home	$168,000	02/09/26	3	1.5	1,578
305 Springer Ct, Madrid, IA	0.23	Single-Family Home	$498,324	03/05/26	3	2	1,818

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	0.11	$249,900	2	2	1,612	Off Market
109 N County Line Rd, Madrid, IA 50156	0.13	$325,000	3	2	2,032	Recently Sold
510 E 1st St, Madrid, IA 50156	0.17	$184,200	2	1	776	Off Market
703 E North St, Madrid, IA 50156	0.15	$235,600	3	1	1,080	Off Market

Local Information

Map ViewExplore the area around 721 E 2nd St.
Schools1 Elementary School1 Middle School1 High School
Shop & Eat

-- mins to

Commute Destination

Home Highlights

Single-Family Home

Built in 1918

2,400 sqft

$110/sqft

Garage

About this House

This single-family home is located at 721 E 2nd St, Madrid, IA. 721 E 2nd St is in Madrid, IA and in ZIP code 50156. This property has 4 bedrooms, 3 bathrooms and approximately 2,400 sqft of floor space. This property has a lot size of 10500 sqft and was built in 1918.

721 E 2nd St, Madrid, IA 50156 is a 4 bedroom, 3 bathroom, 2,400 sqft single-family home built in 1918. It last sold for $115,000 on Oct 30, 2014. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $264,500, with a rent estimate of $2,109/month.

Home Details for 721 E 2nd St

Interior Features
Interior Details BasementNumber of Rooms: 9Types of Rooms: Dining Room, Family Room, Laundry Room, Master Bath, Mud Room
Heating & Cooling Heating: Forced AirAir ConditioningHeating Fuel: Forced Air
Levels, Entrance, & Accessibility Stories: 2Floors: Carpet, Hardwood, Laminate, Linoleum Vinyl
Appliances & Utilities DishwasherDisposalDryerMicrowaveRefrigeratorWasher

Exterior Features
Exterior Home Features Roof: AsphaltExterior: BrickFoundation Type: OtherGarden
Parking & Garage GarageParking: Garage Detached

Property Information
Year Built Year Built: 1918
Property Type / Style Property Type: Single Family HomeArchitecture: A-frame

Lot Information
Lot Area: 10500 sqft

Price and Tax history

Date	Event	Price
Oct 30, 2014 Source: DMMLS #443180	Sold	$115,000

Year	Property tax	Tax assessment
2025	$3,558	$254,810

Additional Cost

Market trends in Madrid

Last updated July 2026

Avg. sale price

—

Sale-to-List Price

—

Price per sq ft

—

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 721 E 2nd St

What is 721 E 2nd St estimated to be worth?
Trulia's estimated value for 721 E 2nd St in Madrid, IA is $264,500.
What is the price history for 721 E 2nd St?
721 E 2nd St in Madrid, IA last sold for $115,000 in October 2014.
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 721 E 2nd St have laundry facilities?
Yes, 721 E 2nd St in Madrid, IA has in-unit laundry.
How big is the lot at 721 E 2nd St?
The lot at 721 E 2nd St in Madrid, IA is about 0.24 acres (10,500 sq ft).