Nice building site measuring approx. 150 x 132. Sale includes three Lots! Great location for your dream home or rental duplex. One block form Madrid elementary school and playground. Three blocks from access to High Trestle Trail. The site was recently cleaned up and graded. A new sewer line will be installed prior to closing. Nice corner lot with City green space on two sides. Madrid does have tax abatement for new construction.
Property Details
Property Features
Listing Office:
Office Name: Larson Agency
Office Phone: (515) 205-6233
Listing Agent: Lincoln, Donald
Lot Features
Lot Information:
Lot: Corner Lot, Level
Lot Size: 0.45 Acres
Other
Directions Information:
Directions: HWY 17 to Madrid turn west at stop light go four blocks to Market St turn north. Go one block property is on NE corner of the intersection.
Price Information
Listing Price Info
Price Summary:
List Price: $68,000
What can I afford?
Understand what home price range makes sense for your budget.
We're sorry, we currently don't have sales or tax history data for this listing.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$407
Per Month
Principal & Interest
$340
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$270
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
5
/10
Madrid Elementary School
213 W 1st St
Distance between this listing and this school0.19 miles
Public District Grades KG-5
8
/10
Woodward - Granger Elementary School
2002 Oak St
Distance between this listing and this school8.15 miles
Public District Grades 2-5
6
/10
West Elementary School
1400 W Broadway St
Distance between this listing and this school8.66 miles
Public District Grades PK-4
Nearby Schools
6
/10
Madrid Junior High School
599 N Kennedy Ave
Distance between this listing and this school0.57 miles
Public District Grades 6-8
5
/10
Woodward - Granger Middle School
306 W 3rd St
Distance between this listing and this school5.50 miles
Public District Grades 6-8
7
/10
Ballard Middle School
509 N Main Ave
Distance between this listing and this school11.23 miles
Public District Grades 6-8
Nearby Schools
7
/10
Madrid High School
599 N Kennedy Ave
Distance between this listing and this school0.57 miles
Public District Grades 9-12
6
/10
Woodward - Granger High School
306 W 3rd St
Distance between this listing and this school5.50 miles
Public District Grades 9-12
6
/10
Ballard High School
701 Ballard Dr
Distance between this listing and this school10.75 miles
The neighbors living near this home have an average income of $55,812. The most common annual income of people living in Boone County, IA is between $35k-100k. Residents typically live in single, no kids family. Residents of this area typically have post secondary degree education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 317 N Market St
What is the listing price of this property?
The listing price of 317 N Market St property is $68,000.
What type of property is this?
The property 317 N Market St is land located in Madrid, Iowa, 50156.
Is this property for sale now?
Active Listing: 317 N Market St is For Sale (Active/New) which means the seller is accepting offers.
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system, AI voice, or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at 317 N Market St in Madrid, IA and zip code 50156. This home sits on a 0.45 acre lot. It has been listed on Rocket Homes since August 27, 2024 and is currently priced at $68,000.
Boone County, IA housing market in October 2024 saw over 5 listings sold above listed price, more than 3 sold at listed price and over 13 sold below. The inventory of homes for sale in Boone County, IA between September 2024 and October 2024 decreased by 6%. The median list price of listings available in October 2024 was $206,416, while the average time on the real estate market was 49 days.
From Rocket Homes Real Estate and based on county public records data.