407 N Market Street

Madrid, IA
$ 255,000 Beds 4 Baths 2 Sq 1,936
Monthly Estimate* How much can I afford?

Great Location on this four bedroom, two bath home. Located on a quite dead end street with a short walk to Madrid Elementary School, Uptown Madrid and High Trestle Trail access. Open floor plane with over 1900 square feet of finished living area. Huge updated kitchen with island bar, lots of storage and appliances included. The main bedroom has an attached full bath with double vanity. The main level laundry could double as a fifth bedroom. The home is situated on a large fenced double lot with alley access to the rear yard. Updates include newer roof, privacy fence, Pex water lines, hardwood floors and kitchen update. There is a nice garden shed and one car garage. Plenty of room to build your dream garage or have a large garden. Call us today!

Single Family

  • Price
  • $ 255,000
  • City
  • Madrid
  • Bedrooms
  • 4
  • Full Bathrooms
  • 2
  • County
  • Boone
  • Half Bathrooms
  • 0
  • Area
  • Madrid
  • Lot Size
  • 0.3 Acres
  • Zip
  • 50156
  • Sqr Footage
  • 1,936
  • Year Built
  • 1958
  • Taxes
  • $ 4710
  • Style
  • MLS#
  • 743320
Listed By: Nerem & Assoc.,
Data Source: Des Moines Area AOR (DMAAR)

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$3,786

Per Month

Based on the average sale price from the Ames, IA office

  • Monthly Principal & interest $2,658
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
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Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.

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.

Mortgage calculator provided courtesy of Inside Real Estate.

Schools

Elementary School Unknown Elementary School
Middle School Unknown Middle School
High School Unknown High School

Price History

6/17/2026 Listed $260,000
8/3/2026 2% - $255,000

Property vs Zip Code Average in 50156

Price
AVG $330K
$260K
Taxes
AVG $4,465
$4,710
Year Built
AVG 1962
1958

Areas That We Cover

407 N Market Street Madrid, IA is a Single Family Home for sale at $255000 with 1936 sqft and a lot size of 0.3 Acres Acre(s). 407 N Market Street Madrid has 4 bedrooms, 2 baths and was built in 1958. The property's zip code is 50156 which is in Madrid, IA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: 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.

Mortgage calculator provided courtesy of Inside Real Estate.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Your Agent
Rebecca Hedlund

Rebecca Hedlund

515-373-7056

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