2050 S Avenue Madrid, IA $ 590,000
2050 S Avenue
$ 590,000
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2050 S Avenue

Madrid, IA, 50156
$ 590,000
Bedrooms3 Baths1.0 Sq 1,481

Monthly Estimate*

$ 3,725

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Farms/Ranches for sale in Madrid, IA

for $590,000 with 3 bedrooms and 1 full bath. This 1,481 square foot property was built in 1895 on a lot size of 19.

Here is a rare opportunity to own a small hobby farm in Boone County. Located on a paved road this farm is just under 20 acres ML with 17.44 acres in tillable ground. It is prime farm ground with a CSR2 rating of 88.37. The balance of the acreage is building site with 2.06 acres. The house has 3 bedrooms, Large kitchen, single bath, living room, 1st floor laundry, and 1,480 Sq. Ft. of finished living area. The basement is used for storage. Updates include Pella windows, updated kitchen, drywall, oak trim, bedroom / bath addition and Xenia Rural Water. This farm has been in the same family for 81 years and has been well maintained. A new septic system will be installed. The well is currently not used. There are several useable out buildings to include a two car garage, 20x 40 machine shed, 22x24 poultry house, 16x14 storage shed and a small garden shed. Everything you need to start your Hobby Farm! You could be self sufficient with a large garden spot and several fruit trees on the acreage. Located in the Madrid School District and an easy commute to Boone, Ames, and Des Moines Metro. This could be your lifetime home.

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Farms/Ranches Active

Price

$ 590,000

Bedrooms

3

Full Bath

1

Property Type

Farms/Ranches

Taxes

$ 0

Style

Farmhouse

Lot Size

19

Year Built

1895

Town/City

Madrid

County/Region

Boone

MLS | Web ID

70988

Features
General
Sewer Septic Tank Public Sewer
Heating Forced Air Propane
Cooling Central Air
Appliances Dryer Range Refrigerator Washer
Zoning AG
Patio/Porch Features Wood Deck
Architectural Style Farmhouse
Construction Materials Vinyl Siding
Year Built 1895
Levels One and One Half
Property Subtype Farm
Parcel Number 08822518200003
County Boone
Property Type Residential
HOA false
Garage Y/N true
Other Structures Shed(s) Machine Shed Well House
Total Rooms 0
Full Baths 1
Status Active
City Madrid
High School District Madrid
MLS Area 0015 - Madrid
Lot Size Units Acres
Lot Size Square Feet 849420
MLS Area Minor 0015 - Madrid
Standard Status Active
Tax Assessed Value 237550
Legal Description South 20 Acres SW FR NW 18-32-25
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Interior
Interior Amenities Ceiling Fan(s)
Basement Partial Unfinished Sump Pump
Flooring Vinyl Carpet
Air Conditioning Y/N true
Heating Y/N true
Window Features Window Treatments
Above Grade Finished Area 1145
Laundry Features Main Level
Total Bedrooms 3
Total Baths 1
Heating-Forced Air true
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Exterior
Lot Features Rolling Slope Level
Water Source Rural
Lot Size Area 19
Foundation Details Block Stone
Building Area Total 1481
Lot Size Acres 19
Road Surface Type Hard Surface
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* Excluded Features
List By
Don Lincoln

Listing Agent

Nerem & Associates

Broker

donlincoln@windstream.net

Email

Affordability Calculator

$3,725
Per Month
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Monthly Principal & Interest
$3,725
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Default based on a 30-year fixed rate of 6.49% 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
0 Elementary School
0 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
8/12/2026$590,000 Listed Price

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2050 S Avenue, Madrid, IA, 50156 is a Farms/Ranches for sale at $590,000 with 1,481 sqft and a lot size of 19. 2050 S Avenue has 3 bedrooms, 1.0 baths, and was built in 1895. The property's zip code is 50156 which is in Madrid, IA