509 E First Street Madrid, IA $ 169,900
509 E First Street
$ 169,900
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509 E First Street

Madrid, IA, 50115
$ 169,900
Bedrooms2 Baths1.0 Sq 828

Monthly Estimate*

$ 1,060

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Single Family Home for sale in Madrid, IA

for $169,900 with 2 bedrooms and 1 full bath. This 828 square foot home was built in 1920 on a lot size of 0.26.

Welcome to this cute home that offers a 2-bedroom, 1-bath ranch-style home full of character and comfort. You'll love the timeless charm of arched doorways that add a unique touch to the interior. The living areas feature plush carpeting for a warm, inviting feel, while the kitchen offers a stylish tile backsplash and includes both the refrigerator and stove—making it move-in ready! This home has efficient gas-forced air heat and central air conditioning to keep you comfortable year-round. One of the standout features is the all-new windows installed in March 2025, bringing in abundant natural light while enhancing energy efficiency. Outdoor enthusiasts will appreciate the easy access to the High Trestle Trail, which is perfect for biking, walking, and enjoying the area's scenic beauty.

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Single Family Active

Price

$ 169,900

Bedrooms

2

Full Bath

1

Property Type

Single Family

Taxes

$ 2,002

Style

Lot Size

0.26

Year Built

1920

Town/City

Madrid

County/Region

Boone

MLS | Web ID

714274

List By
Aaron Ackerlund

Listing Agent

Keller Williams Realty Gdm

Broker

aaronackerlund@kw.com

Email

Affordability Calculator

$1,227
Per Month
86%
14%
0%
Monthly Principal & Interest
$1,060
Monthly Property Taxes
$167
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
3201834 Elementary School
3201833 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
11/2/2025$169,900 -1.22% Price Down
8/22/2025$172,000 -3.91% Price Down
7/29/2025$179,000 Listed Price

Map


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509 E First Street, Madrid, IA, 50115 is a Single Family Home for sale at $169,900 with 828 sqft and a lot size of 0.26. 509 E First Street has 2 bedrooms, 1.0 baths, and was built in 1920. The property's zip code is 50115 which is in Madrid, IA