722 E Second Street

Madrid, IA
$ 150,000 Beds 2 Baths 1 Sq 1,092
Monthly Estimate* How much can I afford?

Great location on this one owner home built in 1962. Two possible three bedroom home with walkout basement. The basement is partially finished and has egress window for a third bedroom. Hardwood floors under the carpet. Kitchen has sliders to a covered private deck. Huge 77 x 340' yard and nice garden shed. Single detached garage. Home needs a little TLC and is being sold "as is".

Single Family

  • Price
  • $ 150,000
  • City
  • Madrid
  • Bedrooms
  • 2
  • Full Bathrooms
  • 1
  • County
  • Boone
  • Half Bathrooms
  • 0
  • Area
  • Madrid
  • Lot Size
  • 0.6 Acres
  • Zip
  • 50156
  • Sqr Footage
  • 1,092
  • Year Built
  • 1962
  • Taxes
  • $ 2894
  • Style
  • MLS#
  • 748229
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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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

8/28/2026 Listed $150,000

Property vs Zip Code Average in 50156

Price
AVG $340K
$150K
Taxes
AVG $4,465
$2,894
Year Built
AVG 1962
1962

722 E Second Street Madrid, IA is a Single Family Home for sale at $150000 with 1092 sqft and a lot size of 0.6 Acres Acre(s). 722 E Second Street Madrid has 2 bedrooms, 1 baths and was built in 1962. 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.