717 W First Street, Madrid, IA 50156

Madrid
Local realty services provided by:Better Homes and Gardens Real Estate Innovations
717 W First Street,Madrid, IA 50156
$194,900
  • 2 Beds
  • 1 Baths
  • 1,120 sq. ft.
  • Single family
  • Active
Listed by: christopher lewis, terry adams
Office: lpt realty, llc.
MLS#:746315
Source:IA_DMAAR

Price summary

  • Price:$194,900
  • Price per sq. ft.:$174.02

About this home

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.

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Home facts

  • Year built:1954
  • Listing ID #:746315
  • Added:14 day(s) ago
  • Updated:August 13, 2026 at 07:49 PM

Rooms and interior

  • Bedrooms:2
  • Total bathrooms:1
  • Full bathrooms:1
  • Kitchen Description:Cooktop, Dishwasher, Microwave, Stove
  • Basement:Yes
  • Basement Description:Crawl Space
  • Living area:1,120 sq. ft.

Heating and cooling

  • Cooling:Central Air
  • Heating:Forced Air, Gas, Natural Gas
  • Central air:Yes

Structure and exterior

  • Roof:Metal
  • Year built:1954
  • Building area:1,120 sq. ft.
  • Architectural Style:Ranch
  • Construction Materials:Vinyl Siding

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$194,900
  • Price per sq. ft.:$174.02
  • Tax amount:$2,607

Features and amenities

  • Appliances:Cooktop, Dishwasher, Microwave, Stove
  • Laundry features:Main Level

Parking

  • Parking description:Detached, Garage, Two Car Garage
  • Garage:Yes
  • Garage spaces:2

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