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

$213,100

Trulia Estimate
  • 2 Beds
  • 1 Bath
  • 1,012 sqft

725 E 2nd St, Madrid, IA 50156

Est. Refi. Payment $1,452/mo*
Refinance Your Home
Currently Off Market - Sold Apr 16, 2015 for $89,000

Home Value

Trulia Estimate
$213K
Since last month
Decreased$3K (-1.3%)
Since last year
Decreased$3K (-1.3%)
Since last sale
Increased$124K (+139.4%)
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 +127% in the last 10 years
MonthEstimated value
2026
August 2026$213K
August 2026$213K
July 2026$216K
June 2026$215K
May 2026$214K
April 2026$213K
March 2026$212K
February 2026$216K
January 2026$214K
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016

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
618 S Union St, Madrid, IA
0.54
Single-Family Home
$148,000
03/03/26
2
2
1,118
115 E 1st St, Madrid, IA
0.41
Single-Family Home
$75,000
06/18/26
3
2
1,771
412 E 6th St, Madrid, IA
0.38
Single-Family Home
$181,900
05/18/26
4
1
1,030

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
109 N County Line Rd, Madrid, IA 50156
0.11
$325,000
3
2
2,032
Recently Sold
607 E 2nd St, Madrid, IA 50156
0.13
$249,900
2
2
1,612
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 725 E 2nd St.
  • Schools1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Single-Family Home
Built in 1952
1,012 sqft
$211/sqft
Garage

About this House

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. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $213,100, with a rent estimate of $1,005/month.

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 and Tax history

DateEventPrice
Apr 16, 2015
Source: N/A
Sold
$89,000
Dec 20, 2009
Source: Agent Provided
ListingRemoved
$54,900
Nov 28, 2009
Source: Agent Provided
PriceChange
$54,900
Price decreased by 21%
Nov 25, 2009
Source: Agent Provided
PriceChange
$69,900
Price decreased by 5%
Nov 1, 2009
Source: Agent Provided
PriceChange
$73,900
Price decreased by 1%

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

Around this home

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 725 E 2nd St

  • What is 725 E 2nd St estimated to be worth?
    Trulia's estimated value for 725 E 2nd St in Madrid, IA is $213,100.
  • What is the price history for 725 E 2nd St?
    725 E 2nd St in Madrid, IA last sold for $89,000 in April 2015.
  • 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 725 E 2nd St?
    The lot at 725 E 2nd St in Madrid, IA is about 0.20 acres (8,712 sq ft).
  • Does 725 E 2nd St have a garage?
    Yes, 725 E 2nd St in Madrid, IA has a garage.

Apartments for Rent

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Off Market Homes Near 725 E 2nd St

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Homes for sale near 725 E 2nd St

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