Acreage Lot With No
For Sale
$125,000
S Avenue, Madrid, IA 50156
LAND - Madrid, IA
Property SizeContact for details
Lot Size1.20 Acres
Days on Market42
Property Features for S Avenue
General Information
Property type
Land
Property subtype
Other
Zoning
AgCon
Lot features
Flat, Rectangular Lot
Elementary school district
United (Boone)
Middle school district
United (Boone)
High school district
United (Boone)
Directions
Use "1958 S Ave, Madrid" as GPS address. Lot is adjacent to south border of acreage.
Subdivision
Madrid
Standard status
Active
APN
088225073200005
Lot size
1.20 Acres
Taxes and HOA fees
Tax Description
NW SW: PARCEL A OF LOT 1 (.16 A RD ROW)
Tax Annual Amount
57
Legal Description
NW SW: PARCEL A OF LOT 1 (.16 A RD ROW)
Utilities
Sewer type
Septic Tank
Listing Agency:
Agency Iowa
(515) 877-4692
Listed By:
Kim Olmstead
(515) 231-1607
Added: Jul 7
Changed: Aug 2
Last Checked: Aug 17 at 5:06AM
MLS# 744333
Copyright © 2026 Des Moines Area Association of REALTORS®, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This offering is a 1.2-acre acreage lot zoned AgCon in Madrid, Iowa. The property is described as having no covenants and no HOA, with the site noted as ready for the buyer’s vision.
The public remarks indicate the lot is accessed via S Avenue and positioned within a short drive to nearby recreation destinations, including Ledges State Park, the Iowa Arboretum, and High Trestle Trail. The seller also notes an easy commute to Ames, Boone, and the DSM Metro.
Adjacent acreage on an additional 3.48 acres with a newer construction house and outbuildings is also listed for sale, providing an option to increase overall land area if desired.
The public remarks indicate the lot is accessed via S Avenue and positioned within a short drive to nearby recreation destinations, including Ledges State Park, the Iowa Arboretum, and High Trestle Trail. The seller also notes an easy commute to Ames, Boone, and the DSM Metro.
Adjacent acreage on an additional 3.48 acres with a newer construction house and outbuildings is also listed for sale, providing an option to increase overall land area if desired.
Key Highlights
- 1.2‑acre building lot with septic tank (sewer: septic tank)
- No covenants and no HOA
- No gravel noted
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1
Businesses Nearby
Explore this area
Business Placement
Demographics for 50156, IA
4,662
Population
1,896
Households
2.5
Avg Household Size
41
Median Age
30%
College-Educated
92%
High-School Grad
88.5 sq mi
ZIP Area
53
Density / Sq Mi
$97,298
Median Household Income
$53,350
Median Earnings
$865
Median Rent
$219,500
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Residential land & home lot - 1.2-acre AgCon-zoned lot in Madrid, IA with no covenants and no HOA.
Where is this residential land & home lot located?
The property is located at S Avenue Madrid, IA.
What is the asking price?
The asking price for this property is $125,000.
What are key features of this property?
This property features: 1.2‑acre building lot with septic tank (sewer: septic tank); No covenants and no HOA; No gravel noted
