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

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

Monthly Estimate*

$ 3,725

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Lots and Land 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.

Rare Opportunity to own a small Hobby farm in Boone County. Located on a paved road this Farm is just under 20 acres with 17.44 acres ML in tillable ground. Prime crop ground with a CSR 2 Rating of 88.37. The building site is 2.06 acres. The House has 3 bedrooms, large kitchen, single bath, living room, 1st floor laundry, and just over 1480 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. The Farm has been in the same family for 81 years and has been well maintained. A new septic system will be installed. There are several useable outbuildings to include two car garage, 20x 40 machine shed, 22x 24 poultry house, 16x14 storage shed and a 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 with an easy commute to Boone, Ames and Des Moines Metro area. This could be your life time home.

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Lots and Land Active

Price

$ 590,000

Bedrooms

3

Full Bath

1

Property Type

Lots and Land

Taxes

$ 2,839

Style

Year Built

1895

Town/City

Madrid

County/Region

Boone

MLS | Web ID

747168

List By
Donald Lincoln

Listing Agent

Nerem & Assoc.,

Broker

donlincolnz28@gmail.com

Email

Affordability Calculator

$3,962
Per Month
94%
6%
0%
Monthly Principal & Interest
$3,725
Monthly Property Taxes
$237
Monthly Home Insurance
--
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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THE TIME TO SELL IS NOW! What's my home worth?
Nearby
3201834 Elementary School
3201833 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
8/12/2026$590,000 Listed Price

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2050 S Ave Avenue, Madrid, IA, 50156 is a Lots and Land for sale at $590,000 with 1,481 sqft. 2050 S Ave Avenue has 3 bedrooms, 1.0 baths, and was built in 1895. The property's zip code is 50156 which is in Madrid, IA