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212 Main St

Madrid, IA 50156

3 bd 2 ba 1,389 sqft Built 1910 Lot 9,583 sqft single_family
Most recent sale
$57,500
Dec 17, 2021

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Apr 18, 2026 Sold $195,000 DesMoines
Mar 19, 2026 Listed $199,900 DesMoines
Nov 30, 2022 Listed for rent $1,195 AppfolioUnits
Nov 11, 2022 Listed for rent $1,195 AppfolioUnits
Nov 10, 2022 Listed for rent $1,195 Zumper
Dec 17, 2021 Sold $57,500 MLS #57490
Nov 12, 2021 Relisted $65,000 MLS #57490
Nov 11, 2021 Listing removed $65,000 CentralIowa
Nov 1, 2021 Price changed $65,000 MLS #57490
Sep 29, 2021 Price changed $67,500 MLS #57490
Aug 19, 2021 Price changed $69,900 MLS #57490
Jul 14, 2021 Price changed $72,500 MLS #57490
Jun 18, 2021 Relisted $79,500 MLS #57490
Jun 17, 2021 Listing removed $79,500 CentralIowa
Jun 10, 2021 Price changed $79,500 MLS #57490
Apr 30, 2021 Listed $89,500 MLS #57490
Feb 23, 2021 Sold $80,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $172,510 $23,860 $196,370 $3,158
2024 $172,510 $23,860 $196,370 $3,097
2023 $144,996 $17,040 $162,036 $806
2022 $18,502 $17,040 $35,542 $1,116
2021 $33,536 $17,040 $50,576 $928
2020 $35,367 $11,928 $47,295 $912
2019 $35,367 $11,928 $47,295 $984
2018 $36,402 $11,928 $48,330 $953
2017 $36,402 $11,928 $48,330 $724
2016 $31,665 $6,816 $38,481 $711
2015 $31,665 $6,816 $38,481 $708
2014 $31,665 $6,816 $38,481 $688
2013 $31,665 $6,816 $38,481 $652
2012 $31,665 $6,816 $38,481 $666
2010 $55,882 $11,176 $67,058 $1,196
2009 $55,882 $11,176 $67,058 $1,118
2007 $55,882 $11,176 $67,058 $1,058
2004 $52,719 $10,543 $63,262 $852

Property facts

Year built
1910
Property type
single_family
Stories
2
Beds
3
Baths
2
Living area
1,389 sqft
Lot size
9,583 sqft
ZIP code
50156
City
Madrid
Street
Main St
Coordinates
41.87820, -93.82337

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$345
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 212 Main St last sell?
212 Main St most recently sold on Dec 17, 2021 for $57,500.
What is the current tax assessment for 212 Main St?
The most recent total assessment for 212 Main St (year 2025) is $196,370 with $3,158 in property tax.
How does 212 Main St's assessment compare to its last sale price?
The current assessment is 241.5% above the last sale price of $57,500.
When was 212 Main St built?
212 Main St was built in 1910.
How does 212 Main St compare to others on Main St?
We track 8 other properties on Main St. Browse the list under "Other properties on Main St" to compare beds, baths, and sale history.
What are the property facts for 212 Main St?
212 Main St is a 3 bed, 2 bath, 1,389 sqft, 9,583 sqft lot single_family.
Is 212 Main St a flip candidate?
No — 212 Main St does not appear in our flips dataset.
Is 212 Main St a tax-appeal candidate?
No — 212 Main St is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+5.0%
Implied 1-yr
+20.0%
2026 Q3
$502.5K
2026 Q4
$521.5K
ZIP 50156 — Median Price History + Forecast

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