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429 Southern Prairie Dr

Madrid, IA 50156

5 bd 3 ba 1,296 sqft Built 2013 Lot 15,246 sqft single_family
Most recent sale
$300,000
Jun 29, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jun 29, 2022 Sold $300,000 MLS #60266
Jun 1, 2022 Listed $310,000 MLS #60266
May 4, 2018 Sold $236,900 MLS #558500
Apr 10, 2018 Listed $236,900 MLS #558500
Apr 9, 2018 Listed $236,900 MLS #49174
Apr 2, 2018 Listed $236,900 MLS #557857
Apr 2, 2018 Price changed $236,900 MLS #47833
Mar 24, 2018 Relisted $238,000 MLS #47833
Feb 12, 2018 Price changed $238,000 MLS #47833
Dec 27, 2017 Price changed $239,000 MLS #47833
Nov 3, 2017 Price changed $245,000 MLS #47833
Sep 6, 2017 Price changed $247,000 MLS #47833
Aug 10, 2017 Listed $252,000 MLS #545771
Aug 8, 2017 Listed $252,000 MLS #47833
Aug 7, 2017 Price changed $252,000 MLS #541558
Jul 20, 2017 Price changed $257,000 MLS #47641
Jul 18, 2017 Price changed $257,000 MLS #541558
Jul 12, 2017 Listed $259,900 MLS #47641
Jun 28, 2017 Price changed $259,900 MLS #541558
Jun 12, 2017 Listed $262,400 MLS #541558
May 31, 2017 Price changed $264,900 MLS #539110
May 22, 2017 Price changed $269,900 MLS #539110
May 16, 2017 Price changed $274,900 MLS #539110
May 9, 2017 Listed $279,900 MLS #539110
Mar 23, 2015 Sold $213,000 MLS #424355
Sep 25, 2014 Relisted $188,000 MLS #424355
May 23, 2014 Sold $213,000 MLS #38653
Dec 31, 2013 Price changed $188,000 MLS #424355
Nov 22, 2013 Price changed $190,000 MLS #424355
Sep 10, 2013 Listed $195,000 MLS #38653
Sep 9, 2013 Listed $195,000 MLS #424355
Oct 18, 2009 Listed $42,000 MLS #26452

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $275,390 $51,030 $326,420 $6,148
2024 $275,390 $51,030 $326,420 $5,948
2023 $279,085 $36,450 $315,535 $5,614
2022 $217,869 $36,450 $254,319 $5,416
2021 $217,869 $36,450 $254,319 $5,492
2020 $212,192 $25,439 $237,631 $5,424
2019 $212,192 $25,439 $237,631 $5,386
2018 $200,816 $25,439 $226,255 $4,806
2017 $186,054 $25,439 $211,493 $4,930
2016 $177,577 $35,000 $212,577 $5,046
2015 $177,577 $35,000 $212,577 $4,094
2014 $3,684 $3,684 $86
2013 $3,684 $3,684 $82
2012 $3,684 $3,684 $10
2010 $619 $619 $10
2009 $394 $394 $10

Property facts

Year built
2013
Property type
single_family
Stories
1
Beds
5
Baths
3
Living area
1,296 sqft
Lot size
15,246 sqft
ZIP code
50156
City
Madrid
Street
Southern Prairie Dr
Coordinates
41.86787, -93.82298

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,944
Gross rental yield
7.78%
Implied cap rate
5.05%
Trend-extrapolated value

Frequently asked questions

When did 429 Southern Prairie Dr last sell?
429 Southern Prairie Dr most recently sold on Jun 29, 2022 for $300,000.
What is the current tax assessment for 429 Southern Prairie Dr?
The most recent total assessment for 429 Southern Prairie Dr (year 2025) is $326,420 with $6,148 in property tax.
How does 429 Southern Prairie Dr's assessment compare to its last sale price?
The current assessment is 8.8% above the last sale price of $300,000.
When was 429 Southern Prairie Dr built?
429 Southern Prairie Dr was built in 2013.
How does 429 Southern Prairie Dr compare to others on Southern Prairie Dr?
We track 8 other properties on Southern Prairie Dr. Browse the list under "Other properties on Southern Prairie Dr" to compare beds, baths, and sale history.
What are the property facts for 429 Southern Prairie Dr?
429 Southern Prairie Dr is a 5 bed, 3 bath, 1,296 sqft, 15,246 sqft lot single_family.
Is 429 Southern Prairie Dr a flip candidate?
No — 429 Southern Prairie Dr does not appear in our flips dataset.
Is 429 Southern Prairie Dr a tax-appeal candidate?
No — 429 Southern Prairie Dr 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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