1591 331st Drive Madrid, IA $ 332,500
1591 331st Drive
$ 332,500
Open House 3/8 3pm - 4:30pm
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1591 331st Drive

Madrid, IA, 50156
$ 332,500
Bedrooms4 Baths2.0 Sq 1,065

Monthly Estimate*

$ 2,047

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Single Family Home for sale in Madrid, IA

for $332,500 with 4 bedrooms and 2 full baths. This 1,065 square foot home was built in 1971 on a lot size of 0.49.

Schedule your showing today on this beautifully updated ranch home! This move-in ready gem blends modern comfort with timeless charm, offering the perfect setting for everyday living and entertaining. Step inside to discover an open-concept main floor where natural light and thoughtful design create an inviting atmosphere. The gorgeous kitchen is truly the heart of the home, featuring stylish finishes, ample storage, and space made for gatherings big and small. Adjacent, the cozy living room centers around a warm fireplace with custom built-ins, ideal for relaxing evenings and quality time with loved ones. Outside, you'll love the big deck--an ideal spot to unwind and enjoy sunset views--while the nearly half-acre setting offers quiet living with plenty of room to add a workshop or extra outbuilding. With 4 bedrooms and 2 full baths, this home provides flexible living space for families, guests, or a home office. Downstairs, the finished basement rec room offers extra space for game nights, a home gym, or a media area, and it's been upgraded with all-new tile flooring. You'll also appreciate the peace of mind that comes with major updates, including a newer HVAC system plus a new sump pump and drainage system. Beautifully maintained and thoughtfully updated, this home is ready for you to move right in.

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Open House

3/8/2026 3:00 PM - 4:30 PM
1591 331st Drive Madrid, IA
* Some states or local ordinances may prohibit Open Houses at this time, please confirm with your Weichert agent or local rep to confirm

Single Family Active

Price

$ 332,500

Bedrooms

4

Full Bath

2

Property Type

Single Family

Taxes

$ 3,531

Style

Single Family Residence

Lot Size

0.49

Year Built

1971

Town/City

Madrid

County/Region

Boone

MLS | Web ID

69220

Features
Interior
Interior Amenities Ceiling Fan(s)
Basement Full
Flooring Luxury Vinyl Carpet
Fireplace Features Gas
Basement (Y/N) N
Air Conditioning Y/N Y
Heating Y/N Y
Fireplace Y/N Y
3/4 Baths 1
Total Bedrooms 4
Below Grade Finished Area 928.0
Total Baths 2
Heating-Forced Air True
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General
Sewer Septic Tank Public Sewer
Heating Forced Air Propane
Cooling Central Air
Appliances Dishwasher Disposal Dryer Microwave Range Refrigerator Washer
Zoning Res
Garage Spaces 2.0
Patio/Porch Features Wood Deck
Construction Materials Fiber Cement Board
Year Built 1971
Levels One
Property Subtype Single Family Residence
Parcel Number 088226341150051
County Boone
New Construction N
Property Type Residential
HOA N
Garage Y/N Y
Total Rooms 9
Full Baths 1
Status Active
City Madrid
High School District Madrid
MLS Area 0015 - Madrid
Lot Size Units Square Feet
Lot Size Square Feet 21344.0
Carport Y/N N
Land Lease Y/N N
Home Warranty Y/N N
Lease Renewal Y/N N
MLS Area Minor 0015 - Madrid
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Standard Status Active
Tax Assessed Value 284670
Legal Description NE NE: PARCEL B GL REDDISH 4TH & GL REDDISH 2ND
Senior Community None
Water Body Access Y/N None
Accessibility Features Y/N None
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Exterior
Lot Features Level
Lot Size Area 21344.0
Foundation Details Block
Spa N
Building Area Total 1065.0
Lot Size Acres 0.49
Crops Included Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Internal Only
Street Number 1 1591
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* Excluded Features
List By
Betts Team

Listing Agent

Re/Max Real Estate Center

Broker

Affordability Calculator

$2,342
Per Month
87%
13%
0%
Monthly Principal & Interest
$2,047
Monthly Property Taxes
$294
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% 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
2/18/2026$332,500 -1.48% Price Down
1/15/2026$337,500 Listed Price

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1591 331st Drive, Madrid, IA, 50156 is a Single Family Home for sale at $332,500 with 1,065 sqft and a lot size of 0.49. 1591 331st Drive has 4 bedrooms, 2.0 baths, and was built in 1971. The property's zip code is 50156 which is in Madrid, IA