$264,900
 $1,422 est/mo Sourced by Back At You

309 E First Street,Madrid, IA 50156

Madrid, IA 50156

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Description

Welcome to your private oasis in Madrid! It is incredibly rare to find a city home that offers both spacious interior living and an expansive outdoor retreat, making this beautifully maintained 3-bedroom, 2-bathroom residence a truly unique find. Inside, you will find a bright and airy floor plan featuring generous living areas with excellent natural light, perfect for both relaxing and entertaining. The three well-sized bedrooms offer plenty of flexibility for a growing family, guest quarters, or a dedicated home office. The true crown jewel of this property is the exceptionally large, unique lota literal needle in a haystack for the Madrid market. Step right off the back of the home onto a brand-new patio, your perfect spot for morning espresso, al fresco dining, or weekend barbecues. The patio overlooks a massive, fully fenced-in backyard that offers total privacy and security. This expansive green space is a completely blank canvas for whatever your heart desires, whether you want to cultivate a garden, create a secure play area, or give your pets room to roam. This home combines peaceful residential living with city convenience. Properties with this size lot and private outdoor space are a rare find and this one is priced aggressively for a quick sale. Schedule your viewing today before this incredible opportunity slips away!

Details

MLS #741468
Listing TypeFor Sale
StyleHouse
Sub-TypeResale
StatusActive
Year1900
Days On Site91
Listing Provided ByKeller Williams Realty GDM | Erin Rundall

Features

Bed(s)3
Bath(s) 2 Total
SQ Feet1,848
Garage2
BasementY
Story(s)2
ZoningRes
Acreage0.48

Parking

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

Taxes

Tax Annual Amount4630

Area Information

StateIA
CountyBoone
CityMadrid
Zip Code50156
AreaMadrid
Listing VS Median (in 50156)
Price:
$264,900
low | high
Med:
$358,800
14.552661381653% of Average
sqft:
1,848
low | high
Med:
1,136
88.528138528139% of Average
$ / sqft:
$143
low | high
Med:
$316
70.340388879141% of Average
On site:
91
low | high
Med:
329
27.659574468085% of Average
Sourced by Back At You

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The information is being provided by Des Moines Area Association of REALTORS®. Information deemed accurate but not guaranteed. Information is provided for consumers personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. Copyright 2026 Des Moines Area Association of REALTORS®. All Rights Reserved.

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Learn More About This Property

StateIA
CountyBoone
CityMadrid
Zip Code50156
AreaMadrid
Listing VS Median (in 50156)
Price:
$264,900
low | high
Med:
$358,800
14.552661381653% of Average
sqft:
1,848
low | high
Med:
1,136
88.528138528139% of Average
$ / sqft:
$143
low | high
Med:
$316
70.340388879141% of Average
On site:
91
low | high
Med:
329
27.659574468085% of Average
Sourced by Back At You
Nearby Listings (Within 1/4 mile)
Price: $198K - $331K
sqft: 1,000 - 2,000
Nearby Listings Property ImageNearby Listings Details
210 N Union Street Property Photo 1
$314,900
210 N Union Street
Madrid, IA 50156
611 E 1st Street Property Photo 1
$249,900
611 E 1st Street
Madrid, IA 50156
403 Fairview Drive Property Photo 1
$290,000
403 Fairview Drive
Madrid, IA 50156
Listing Updated: August 18, 2026 at 5:38:04 PM PDT