116 W 2nd St, Madrid, IA 50156 Property Records

Boone County property record for 116 W 2nd St, Madrid, IA 50156

Property Summary

Property TypeOffice Building
Details1,265 sqft · built 1898
Lot Size0.035 acres (1,541 sqft)
OwnerIndividual Name on Record
Last Sale$40,000 (Apr 2019)
Tax Bill$1,012 (2024)
Deeds & MortgagesApr 2019 Sale & Mortgage
Flood ZoneZone X (minimal risk)
APN088226361286060

Property Details

APN / Parcel Number

Primary APN088226361286060

Interior

Stories1 Story
Building Area1,265 sqft Gross Area
1st Floor Area851 sqft

Exterior

Year BuiltBuilt 1898
Exterior MaterialBrick
Roof MaterialRolled Roofing
Lot Area1,541 sqft (0.035 acres)
Lot Dimensions23 ft deep x 67 ft wide

Utilities, Heating & Cooling

Cooling SystemHVAC
Heating SystemForced Air
Water SourceCommercial

Location & Zoning

Street Address116 W 2ND ST
CityMADRID
StateIA
Zip50156-1349
Property CategoryCommercial
Property TypeCommercial > Office > Office Building
Local Zoning CodeINC
Legal DescriptionBLOCK 5: BEG 65.5' W OF NE COR OF LOT 1, S 23', W 66.5', N 23 E 66.5' TO POB (EX COAL & MINERALS UNDER W 22') NW NE
Legal Range26
Legal Township82
Legal Section36
Legal Block5
Legal Lot Number1
JurisdictionBOONE IA
Township / Civil DivisionDOUGLAS
Census Block Group2
Census Block2049
Census Tract20500

Owner

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

Owner names and exact recorded amounts shown locked on this page are available instantly with a free trial.

Owner of RecordIndividual Name on Record
Co-ownerCo-owner on Record
Mailing Address1912 SE LINN ST, BOONE, IA 50036-4931
Owner TypeIndividual

Deeds, Mortgages & Sale History

Assessor's Deed Record

Deed Names2 Names on Deed
Last SaleApr 1, 2019 · Amount on Record
Deed SaleApr 1, 2019 · Amount on Record
Prior SaleApr 7, 2014 · Amount on Record
Deed Document Number0020190907
Deed Book / Page2019 / 0907
Record UpdatedJun 8, 2026

April 2019: Warranty Deed, Transfer

Document TypeWarranty Deed
JurisdictionBOONE IA
Recording DateApr 1, 2019
Property Address116 W 2ND ST, MADRID, IA 50156-1349
Document Number002019/907
Book / Page2019 / 907
Instrument DateApr 1, 2019
Instrument190907
Transaction TypeTransfer
Record UpdatedJun 1, 2023

Transaction

AmountAmount Recorded
Tax$0.00
Amount AccuracyFull Amount Stated
Additional
  • Arm's Length

Transferred From (Grantor/Seller)

NameVerified Name

Transferred To (Grantee/Buyer)

NameVerified Name
Address1912 SE LINN ST, BOONE, IA 50036-4931

Mortgage

Document Number002019/920
DateApr 2, 2019
Book Page2019/920
Instrument190920
Lender
NameBOONE BANK & TRUST COMPANY
Agreement
TypeStand-Alone First Mortgage
AmountAmount Recorded
Term241 Months
DueMay 1, 2039

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$67,720 (+30.44%) Land $5,790 Building $61,930$67,720 (+30.44%) Land $5,790 Building $61,930
2024$1,012.00 (+3.27%)
2023$51,918 Land $3,618 Building $48,300$51,918 Land $3,618 Building $48,300
2022$980.00

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
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
ExposureIndirect
within ember reach
Adjoins Burnable LandYes

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 343 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 · Fiber in parts of the area
200 / 20
T-Mobile
Fixed Wireless
100 / 20

May also be available: Mediacom Xtream.

Nearby Properties on W 2nd St

Nearby Streets

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