123 N Madison Avenue

Ottumwa, IA
$ 115,000 Beds 4 Baths 1.5 Sq 1,249
Monthly Estimate* How much can I afford?

Welcome to this spacious and inviting 4-bedroom home offering plenty of room, storage, and versatility! The home features three bedrooms on the main floor with an additional fourth bedroom upstairs, providing flexible space for a growing family, guests, or a home office. The main floor includes a full bathroom, while the basement offers an additional shower for added convenience. The kitchen is a standout feature, showcasing beautiful custom oak cabinets that provide plenty of storage and timeless appeal. Storage will not be an issue here! This home offers lots of storage throughout, making it easy to keep everything organized. Outside, you'll find two separate one-car garages, providing excellent space for vehicles, hobbies, a workshop, or additional storage. Even more value comes with this property, as the sale includes the additional lot located at 125 N Madison. This extra lot provides additional outdoor space and possibilities for the new owner.

Active

  • Price
  • $ 115,000
  • City
  • Ottumwa
  • Bedrooms
  • 4
  • Full Bathrooms
  • 1
  • County
  • WAPELLO
  • Half Bathrooms
  • 1
  • Area
  • Wapello
  • Lot Size
  • 0.27 Acres
  • Zip
  • 52501
  • Sqr Footage
  • 1,249
  • Year Built
  • 1920
  • Taxes
  • $ 758
  • Style
  • MLS#
  • 6341460
Listed By: Bridge City Realty
Data Source: Iowa Association of REALTORS®

Features

General

Sewer City Sewer/Connected
Heating Forced Air,Wood Stove
Cooling Central Air
Garage Spaces 2
Construction Materials Other
Year Built 1920
Levels One and One Half
Property Subtype Single Family Residence
Tax Year 2024
Accessibility None
County Wapello
Property Type Residential
Contingency None
Subdivision Name DAIN ADD
Full Baths 1
Status Active
Directions 123 N Madison
Lot Size Units Acres
Lot Size Square Feet 11761
Tax Annual Amount 758
Living Area Units Square Feet
Standard Status Active
PostalCity Ottumwa
Legal Description DAIN ADD LOT 284 (123 N. MADISON)

Interior Features

Basement Full
Half Baths 1
Total Bedrooms 4
Total Baths 2

Exterior Features

Parking Features Detached Garage,Gravel
Water Source Public
Lot Dimensions 0.51 Acre
Lot Size Acres 0.27

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

8/11/2026 Listed $119,000
9/8/2026 4% - $115,000

Property vs Zip Code Average in 52501

Price
AVG $170K
$120K
Taxes
AVG $2,498
$758
Year Built
AVG 1947
1920
Visits
AVG 8
6
Data Provided by Inside Real Estate®

In The Neighborhood

Areas That We Cover

123 N Madison Avenue Ottumwa, IA is a Single Family Home for sale at $115000 with 1249 sqft and a lot size of 0.27 Acres Acre(s). 123 N Madison Avenue Ottumwa has 4 bedrooms, 1 baths and was built in 1920. The property's zip code is 52501 which is in Ottumwa, 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
Michael Jenkins

Michael Jenkins

515-373-7056

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