725 E 2nd St, Madrid, IA 50156
OFF MARKET

725 E 2nd St
Madrid, IA 50156

  • 2 Beds
  • 1 Bath
  • 1,012 sqft

$215,500

Trulia Estimate
as of Jul 6, 2026

$215,500

Trulia Estimate
as of Jul 6, 2026
2 Beds
1 Bath
1,012 sqft

Local Information

  • Map ViewExplore the area around 725 E 2nd St.
  • Schools1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Description

This home is a Real Estate Owned (REO)/Post Foreclosure. Once a lender has foreclosed on a property it is soon put up for public auction. If bids fall short of the asking price the bank will buy back the home and attempt to sell it on the open market. However, lenders are not real estate agents, meaning that they will often accept offers significantly below market value!
725 E 2nd St, Madrid, IA 50156 is a 2 bedroom, 1 bathroom, 1,012 sqft single-family home built in 1952. It last sold for $89,000 on Apr 16, 2015. It is currently off market. The Trulia Estimate is $215,500, with a rent estimate of $1,073/month.

Home Highlights

Parking
Garage
Outdoor
Deck
A/C
Heating & Cooling
HOA
None
Price/Sqft
No Info
Listed
Less than a day ago

Home Details for 725 E 2nd St

Interior Features

Heating & Cooling
Heating: Forced AirAir ConditioningHeating Fuel: Forced Air
Levels, Entrance, & Accessibility
Stories: 1Floors: Carpet
Interior Details
Number of Rooms: 4

Exterior Features

Exterior Home Features
Roof: AsphaltDeckExterior: OtherFoundation Type: Concrete Block
Parking & Garage
GarageParking: Garage Attached, Garage Detached

Property Information

Year Built
Year Built: 1952
Property Type / Style
Property Type: Single Family HomeArchitecture: A-frame

Lot Information

Lot Area: 8712 sqft

Price History for 725 E 2nd St

DatePriceEventSource
04/16/2015$89,000Sold
N/A
12/20/2009$54,900ListingRemovedAgent Provided
11/28/2009$54,900PriceChange
Agent Provided
11/25/2009$69,900PriceChange
Agent Provided
11/01/2009$73,900PriceChange
Agent Provided
09/26/2009$74,900PriceChange
Agent Provided
08/26/2009$69,900PriceChange
Agent Provided
08/07/2009$64,900Listed For SaleAgent Provided

Market trends in Madrid

Last updated May 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
—
Sale-to-List Price
—
Price per sq ft
—
Available listings
16
1MoM
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Property Tax and Assessment

Year2025
Tax$3,774
Assessment$230,760
Home facts updated by county records

Comparable Sales for 725 E 2nd St

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
513 E 3rd St, Madrid, IA
0.18
Single-Family Home
$150,000
08/29/25
2
1
818
618 S Union St, Madrid, IA
0.54
Single-Family Home
$148,000
03/03/26
2
2
1,118

Nearby homes

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Assigned Schools

These are the assigned schools for 725 E 2nd St.
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

Apartments for Rent

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Explore by feature - Air Conditioning

7 rentals with air conditioning in Madrid, IA

Homes for sale near 725 E 2nd St

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Off Market Homes Near 725 E 2nd St

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