325 N Locust Street Madrid, IA $ 275,000
325 N Locust Street
$ 275,000
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325 N Locust Street

Madrid, IA, 50156
$ 275,000
Bedrooms5 Baths2.0 Sq 2,000

Monthly Estimate*

$ 1,693

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Single Family Home for sale in Madrid, IA

for $275,000 with 5 bedrooms and 2 full baths. This 2,000 square foot home was built in 1920 on a lot size of 0.79.

This well-maintained home offers an exceptional blend of space, comfort, and versatility with five bedrooms, including three on the main level and two upper-level bedrooms connected by a Jack-and-Jill ¾ bath. The main floor features a full bath with convenient laundry, making everyday living effortless. The kitchen opens seamlessly to a spacious living and dining area, creating an ideal setting for gatherings and entertaining, with easy access to the deck for indoor-outdoor enjoyment. A large entry area with a dedicated office nook provides the perfect space for working from home or staying organized. Recent updates include new carpet throughout, updated windows, refreshed trim work, interior paint, and a new roof, giving the home a clean, updated feel. Situated on a huge corner lot, the property also boasts a two-car attached garage plus an impressive four-car detached metal shop building, offering endless possibilities for storage, hobbies, or additional workspace. All of this in a great location—this home is truly move-in ready and packed with potential.

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Single Family Active

Price

$ 275,000

Bedrooms

5

Full Bath

2

Property Type

Single Family

Taxes

$ 4,889

Style

Traditional

Lot Size

0.79

Year Built

1920

Town/City

Madrid

County/Region

Boone

MLS | Web ID

69223

Features
General
Sewer Septic Tank Public Sewer
Heating Forced Air Natural Gas
Cooling Central Air
Appliances Dryer Microwave Range Refrigerator Washer
Zoning RES
Garage Spaces 6.0
Patio/Porch Features Wood Deck
Architectural Style Traditional
Construction Materials Steel Siding
Year Built 1920
Levels Two
Property Subtype Single Family Residence
Parcel Number 088226254386184
County Boone
New Construction N
Property Type Residential
HOA N
Garage Y/N Y
Total Rooms 13
Full Baths 1
Status Active
City Madrid
High School District Madrid
MLS Area 0015 - Madrid
Lot Size Units Square Feet
Lot Size Square Feet 34300.0
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 296410
Legal Description OAKLEAFS ADD LOTS 15-18 BLK 7 SW SE
Senior Community None
Water Body Access Y/N None
Accessibility Features Y/N None
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Interior
Basement Full
Flooring Vinyl Carpet
Fireplace Features Gas
Basement (Y/N) N
Air Conditioning Y/N Y
Heating Y/N Y
Fireplace Y/N Y
Above Grade Finished Area 1424.0
3/4 Baths 1
Laundry Features Main Level
Total Bedrooms 5
Total Baths 2
Heating-Forced Air True
Heating-Natural Gas True
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Exterior
Lot Features Level
Lot Size Area 34300.0
Foundation Details Block
Spa N
Building Area Total 2000.0
Lot Dimensions 200 x 178
Lot Size Acres 0.79
Road Surface Type Hard Surface
Crops Included Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Internal Only
Street Number 1 325
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* Excluded Features
List By
Nate Nerem

Listing Agent

Nerem & Associates

Broker

neremn@gmail.com

Email

Affordability Calculator

$2,101
Per Month
81%
19%
0%
Monthly Principal & Interest
$1,693
Monthly Property Taxes
$407
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
1/16/2026$275,000 Listed Price

Map


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325 N Locust Street, Madrid, IA, 50156 is a Single Family Home for sale at $275,000 with 2,000 sqft and a lot size of 0.79. 325 N Locust Street has 5 bedrooms, 2.0 baths, and was built in 1920. The property's zip code is 50156 which is in Madrid, IA