Price Reduced Listing
$189,900
 $1,019 est/mo Sourced by Back At You

717 W First Street,Madrid, IA 50156

Madrid, IA 50156

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Description

Ride the High Trestle at sunset. Be in Ankeny in half an hour. Come home to an electric bill that barely registers. This 1954 ranch sits on the edge of Madrid, where the streets give way to open ground and the nearest sound is whatever you're running in the garage. That garage is the headline: 2 car, 24x28, 672 square feet, room for the project car, the boat, the mower, and the tools all at once. Inside is one level and no stairs. Two bedrooms, a full bath, main-floor laundry, and a flex room off the living space that's been a dining room but works just as well as an office or a shop annex. The solar panels are owned outright and convey with the home. No lease, no balance to assume, no third party in the middle. Just a utility bill that makes people ask what the catch is. Madrid schools. Minutes to the trailhead. low taxes. Electric bill that runs around $25/mo. USDA-eligible address. Low cost to own, real room to work, and a town worth coming home to.

Details

MLS #746315
Listing TypeFor Sale
StyleHouse
Sub-TypeResale
StatusPending
Year1954
Days On Site24
Listing Provided ByLPT Realty, LLC | Christopher Lewis

Features

Bed(s)2
Bath(s) 1 Total
SQ Feet1,120
Garage2
BasementY
Story(s)1
ZoningR
Acreage0.22

Parking

Garage Yes / NoYes
Parking FeaturesDetached, Garage, Two Car Garage

Taxes

Tax Annual Amount2606.78

Area Information

StateIA
CountyBoone
CityMadrid
Zip Code50156
AreaMadrid
Listing VS Median (in 50156)
Price:
$189,900
low | high
Med:
$358,800
38.941548183254% of Average
sqft:
1,120
low | high
Med:
1,136
48.571428571429% of Average
$ / sqft:
$170
low | high
Med:
$316
36.280399617293% of Average
On site:
24
low | high
Med:
331
7.250755287009% of Average
Sourced by Back At You

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Learn More About This Property

StateIA
CountyBoone
CityMadrid
Zip Code50156
AreaMadrid
Listing VS Median (in 50156)
Price:
$189,900
low | high
Med:
$358,800
38.941548183254% of Average
sqft:
1,120
low | high
Med:
1,136
48.571428571429% of Average
$ / sqft:
$170
low | high
Med:
$316
36.280399617293% of Average
On site:
24
low | high
Med:
331
7.250755287009% of Average
Sourced by Back At You
Listing Updated: August 21, 2026 at 5:24:45 PM PDT