116 E 1st St, Madrid, IA 50156 Property Records

Boone County property record for 116 E 1st St, Madrid, IA 50156

Property Summary

Property TypeSingle Family Home
Details4 bd · 1 ba · 2,236 sqft · built 1903
Lot Size0.2 acres (8,712 sqft)
Owner2 Individual Names on Record
Last Sale$38,000 (May 1987)
Tax Bill$3,566 (2024)
Deeds & MortgagesNov 2023 Line of Credit
Jun 2018 Line of Credit
Flood ZoneZone X (minimal risk)
APN088226361186052

Property Details

APN / Parcel Number

Primary APN088226361186052

Interior

Bedrooms4 Beds
Full Baths1 Bath
Total Rooms7 Rooms
Stories2 Stories
Building Area2,236 sqft Living Area
1st Floor Area864 sqft
Attic Area170 sqft
Basement Area864 sqft
Game RoomGame Room
Interior WallsPlaster

Exterior

Year BuiltBuilt 1903
Exterior MaterialVinyl
Construction TypeFrame
Foundation TypeBlock
Roof TypeHip
Roof MaterialAsphalt
Lot Area8,712 sqft (0.2 acres)
Lot Dimensions66 ft deep x 132 ft wide
Garage TypeDetached
Garage Area576 sqft
Parking Spaces2 Parking Spaces

Exterior Amenities

PorchOpen Porch
Porch Area368 sqft
Deck Area192 sqft
Patio Area224 sqft

Utilities, Heating & Cooling

Cooling SystemCentral
Heating SystemHVAC

Location & Zoning

Street Address116 E 1ST ST
CityMADRID
StateIA
Zip50156-1104
Property CategoryResidential
Property TypeResidential > Single Family > Home
Local Zoning CodeINC
Legal DescriptionBOLLE ROW ADD LOT 1 BLOCK 2 NE NE
Legal Range26
Legal Township82
Legal Section36
Legal SubdivisionBOLLE ROW ADD
Legal Block2
Legal Lot Number1
JurisdictionBOONE IA
Township / Civil DivisionDOUGLAS
Census Block Group2
Census Block2051
Census Tract20500

Owner

Source: Boone County records, as of October 3, 2025

Owner names and exact recorded amounts are on file and can be viewed instantly on this page with a free 10-day trial.

Owner of Record2 Individual Names on Record
Co-ownerCo-owner on Record
Mailing Address116 E 1ST ST, MADRID, IA 50156-1104
OccupancyOwner Occupied
Owner TypeIndividual

Deeds, Mortgages & Sale History

DateDocument
Nov 1, 2023Deed of Trust, Mortgage · Line of Credit
PREMIER CU
Jun 26, 2018Deed of Trust, Mortgage · Line of Credit
PREMIER CREDIT UNION

Assessor's Deed Record

Deed Names2 Names on Deed
Last SaleMay 18, 1987 · Amount on Record
Deed SaleMay 18, 1987 · Amount on Record
Deed Document Number0000594438
Record UpdatedJun 8, 2026

November 2023: Deed of Trust, Mortgage

Document TypeDeed of Trust
JurisdictionBOONE IA
Property Address116 E 1ST ST, MADRID, IA 50156-1104
Transaction TypeMortgage
Record UpdatedDec 14, 2023

Transferred To (Grantee/Buyer)

NameVerified Name

Mortgage

Document Number02023/3609
DateNov 1, 2023
Book Page2023/3609
Instrument233609
Lender
NamePREMIER CU
TypeCredit Union
AddressDES MOINES, IA 50309
Agreement
TypeLine of Credit
AmountAmount Recorded
Interest
Rate TypeAdjustable Rate
Change FrequencyMonthly

June 2018: Deed of Trust, Mortgage

Document TypeDeed of Trust
JurisdictionBOONE IA
Property Address116 E 1ST ST, MADRID, IA 50156-1104
Transaction TypeMortgage
Record UpdatedJul 19, 2018

Transferred To (Grantee/Buyer)

NameVerified Name

Mortgage

Document Number0000002018/0000002476
DateJun 26, 2018
Book Page0000002018/0000002476
Instrument000000182476
Lender
NamePREMIER CREDIT UNION
TypeCredit Union
Agreement
TypeLine of Credit
AmountAmount Recorded
Term355 Months
DueJan 1, 2048

Tax Assessment & Valuation

Source: Boone County assessment roll, as of May 1, 2025

Property Jurisdictions

TypeName
StateIowa
CountyBoone County
MunicipalityMadrid City
Unified School DistrictMadrid Community School District (PK - 12)

Tax Bill & Assessment History

YearTax BillAssessed ValueAssessed Market Value
2025$256,400 (+27.15%) Land $22,180 Building $234,220$256,400 (+27.15%) Land $22,180 Building $234,220
2024$3,566.00 (+2%)
2023$201,652 Land $15,840 Building $185,812$201,652 Land $15,840 Building $185,812
2022$3,496.00

Assessed value and assessed market value are set for property tax purposes and are not market price estimates.

Flood

Source: FEMA National Flood Hazard Layer, effective October 20, 2021 · OpenFEMA NFIP redacted claims and policies, as of September 2026

FEMA Flood ZoneZone X
minimal risk
Nearest Special Flood Hazard AreaZone A, within 500 ft
Flood Insurance RequirementNot required
lenders may require it
Nearby Flood Policies2 in force

Values are read at the parcel center point; flood claims are located to the census block group, not this parcel; lenders make the official flood determination.

Wildfire

Source: USDA Forest Service Wildfire Risk to Communities (2nd edition), as of 2024

Wildfire RiskLow
lower than 80% of the US · above 49% of Iowa
Wildfire Likelihood0.01% annual chance
ExposureNone
beyond ember reach

Values cover an area roughly 900 ft across, not the parcel itself; insurers use their own ratings.

Drinking Water

Source: EPA Safe Drinking Water Information System, as of September 2026

Water SystemXENIA RWD (MADRID)
private · serves 1,635 people · EPA ID IA0848701
Water SourcePurchased groundwater influenced by surface water from MADRID WATER DEPARTMENT
Last State InspectionSep 2024
LeadUnder 1 ppb (2023–2025)
action level 15 ppb

Violations Reported to EPA

Water QualityTotal trihalomethanes
resolved · Apr 2017
Treatment and ProcedureNone
last 10 years
Monitoring and ReportingNone
last 3 years

Results are for the whole water system, not water tested at this address; lead at the tap also depends on the building's own pipes.

Internet Providers

Source: FCC Broadband Data Collection, based on 279 locations within half a mile, as of December 31, 2025

ProviderMax Down / Up (Mbps)
Huxley Communications Cooperative
Fiber
1,000 / 1,000
Verizon
Fixed Wireless
300 / 20
Windstream
DSL
200 / 20
T-Mobile
Fixed Wireless
100 / 20

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