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3 Beds
2 Baths
1,848 sqft

$264,900

309 E First Street, Madrid IA, 50156

Price per sqft$143.34
Built in1900
Property size1,848 sqft
Property typeResidential

Overview

Active

Listed May 22, 2026

Updated 3 weeks ago

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 lot—a 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!

$1,762/mo

Est. mortgage payment based on a $264,900 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
741468

Interior Features

Bedrooms
3
Bathrooms
2
Cooling
Yes
Heating
Yes
Basement
Yes

Exterior Features

Lot Size
0.48 Acres

Other Property Details

Taxes
$4,630
Tax Frequency
Annually
Garage
Yes
55+/Senior Community
No

 

Courtesy of Keller Williams Realty GDM, Erin Rundall,
Listing Contact: (515) 326-0369 

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Slavin & Partners shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

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