$212,000

117 N Water St Madrid, IA 50156

$2,518
Closing credit¹
2 beds
1 full
918 sqft
0.3 acres
$231 / sqft
House

Property details

About 117 N Water St

Welcome to this charming home nestled on a spacious lot in the heart of Madrid. Two bedrooms, 1 full bath & updates throughout. Outdoor entertainment is easy on the private, back deck, overlooking the expansive yard. Oversized 2 car garage for the hobby enthusiasts, too! Conveniently located next to the elementary school, with easy access to the downtown business district & the High Trestle Trail. Don’t miss the opportunity to make this your new home!

Highlights

Home typeResidential
HeatingForced Air, Natural Gas
StatusActive
CoolingCentral Air
Size918 sqft
BasementYes
Lot size0.3 Acres
Year built1918
ParkingDetached, Garage, Two Car Garage
MLS #713000
Garage2 spaces

Summary

  • MLS Number: 713000
  • MLS Name: DMAAR
  • Office Name: Agency Iowa
  • Office Email: kim@agencyiowa.com
  • Listing Agent: Kim Olmstead

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange of the Des Moines Area Association of Realtors. IDX information is provided exclusively 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. Information deemed reliable but not guaranteed. Copyright© 2025 Des Moines Area Association of Realtors. All Rights Reserved
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/14/2025, 2:20:50 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Get an agent. Get a mortgage. Save big.¹

view of front facade with a garage, an outbuilding, and a shingled roof

$212,000

117 N Water St

$2,518

closing credit¹

Sell your home with Rocket and save even more!

Seller rebate

0.5% sale price²

Price information

Property sales

DateEventPrice
Nov 29, 2021
Home Sold
$159,000
Nov 20, 2015
Home Sold
$86,000
Aug 05, 2010
Home Sold
$75,500

Tax history

YearAssessmentProperty Tax
2024$193,933$3,458
2023$193,933$3,160
2022$143,150$3,160
2021$143,150$2,938
2020$131,068$2,572
2018$96,853$2,186
2017$96,853$1,832

History based on county public records data.

Nearby schools

5

Madrid Elementary School

Public District KG-5

0.0 mi

213 W 1st St

8

Woodward - Granger Elementary School

Public District 2-5

8.0 mi

2002 Oak St

6

West Elementary School

Public District PK-4

8.5 mi

1400 W Broadway St

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $55,812. The majority of Madrid, IA residents have income between $35k-100k annually. Residents typically live in single, no kids family. Residents of this area typically have post secondary degree education.

How much money do the neighbors make?

24%
<35k
55%
35k-100k
19%
100k-200k
2%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

44%
Single, No Kids
6%
Single, with Kids
28%
Married, No Kids
22%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

16%
<11 yrs old
8%
12-17 yrs old
15%
18-34 yrs old
36%
35-64 yrs old
25%
65+ yrs old

What do the neighbors do for fun?

  • HuntingHunting
  • Figure SkatingFigure Skating
  • NASCARNASCAR

Where do the neighbors shop?

  • Academy Sports & OutdoorsAcademy Sports & Outdoors
  • Wal-MartWal-Mart
  • Dollar GeneralDollar General

Where do the neighbors go to eat?

  • Jimmy JohnsJimmy Johns
  • Hardee'sHardee's
  • ApplebeesApplebees

What do the neighbors drive?

  • ChevroletChevrolet
  • RamRam
  • CadillacCadillac

What do the neighbors listen to?

  • New CountryNew Country
  • Classic CountryClassic Country
  • CountryCountry
All data provided by Home Junction and Claritas

Similar homes for sale

Frequently asked questions

About 117 N Water St

This home is located at 117 N Water St in Madrid, IA and zip code 50156. This 918 square foot home, which was built in 1918, sits on a 0.30 acre lot. Features: 2 bedrooms, 1 bathroom. It has been listed on Rocket Homes since March 6, 2025 and is currently priced at $212,000.

From Rocket Homes Real Estate and based on county public records data.

More resources