403 S State St, Madrid, IA 50156 Property Records

Boone County property record for 403 S State St, Madrid, IA 50156

Property Summary

Property Type	Single Family Home
Details	4 bd · 2.5 ba · 1,350 sqft · built 2000
Lot Size	0.404 acres (17,617 sqft)
Owner	2 Individual Names on Record
Last Sale	$250,000 (Dec 2025)
Tax Bill	$4,814 (2025)
Deeds & Mortgages	Dec 2025 Sale & Mortgage Jul 2017 Transfer + 2 more
Flood Zone	Zone X (minimal risk)
APN	`088226361486003`

Property Details

APN / Parcel Number

Primary APN	`088226361486003`

Interior

Bedrooms	4 Beds
Full Baths	2.5 Baths
Half Baths	1 Half Bath
Total Rooms	10 Rooms
Building Area	1,350 sqft Living Area
1st Floor Area	1,350 sqft
Basement Area	1,350 sqft
Finished Basement	975 sqft
Unfinished Basement	375 sqft
Game Room	Game Room
Flooring	Carpet
Interior Walls	Wallboard/Drywall
Fireplaces	1 Fireplace
Fireplace	Fireplace

Exterior

Year Built	Built 2000
Effective Year Built	Effective 2000
Architectural Style	Ranch
Exterior Material	Vinyl
Construction Type	Manufactured
Foundation Type	Block
Roof Type	Gable
Roof Material	Asphalt
Lot Area	17,617 sqft (0.404 acres)
Lot Dimensions	110 ft deep x 110 ft wide
Garage Type	Detached
Garage Area	528 sqft
Parking Spaces	2 Parking Spaces

Exterior Amenities

Porch	Slab
Porch Area	116 sqft
Deck Area	45 sqft
Patio Area	153 sqft

Utilities, Heating & Cooling

Cooling System	Central
Heating System	Forced Air with A/C
Heating Fuel	Gas

Location & Zoning

Street Address	403 S STATE ST
City	MADRID
State	IA
Zip	50156-1323
Property Category	Residential
Property Type	Residential > Single Family > Home
Local Zoning Code	INC
Legal Description	BOLLE ROW ADD: TR OF LAND E OF & ADJ TO BLOCK 5 IN BOLLE ROW ADDITION: COM @ NE COR, TH S S 0*00'E ALONG E LINE OF NE 1/4; TH
Legal Range	26W
Legal Township	82N
Legal Section	36
Legal Subdivision	BOLLE ROW ADD
Legal Block	5
Jurisdiction	BOONE IA
Township / Civil Division	DOUGLAS
Census Block Group	2
Census Block	2068
Census Tract	20500

Owner

Source: Boone County records, as of October 14, 2026

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

Owner of Record	2 Individual Names on Record
Mailing Address	403 S STATE ST, MADRID, IA 50156-1323
Occupancy	Owner Occupied
Owner Type	Individual
Vesting	Joint Tenants

Deeds, Mortgages & Sale History

Date	Document
Dec 30, 2025	Warranty Deed, Transfer · Conventional Mortgage RACCOON VALLEY BANK
Jul 27, 2017	Intrafamily Transfer, Transfer
Jul 26, 2017	Warranty Deed, Transfer · Conventional Mortgage WELLS FARGO BANK NA
Jul 27, 2017	Special Warranty Deed, Transfer

Assessor's Deed Record

Deed Names	2 Names on Deed
Last Sale	Dec 30, 2025 · Amount on Record
Deed Sale	Dec 30, 2025 · Amount on Record
Prior Sale	Jul 26, 2017 · Amount on Record
Deed Document Number	20254662
Deed Book / Page	2025 / 4662
Last Transfer Date	Sep 25, 2026
Transfer Doc	0000003622
Record Updated	Oct 29, 2026

December 2025: Warranty Deed, Transfer

Document Type	Warranty Deed
Jurisdiction	BOONE IA
Recording Date	Dec 30, 2025
Property Address	403 S STATE ST, MADRID, IA 50156-1323
Document Number	02025/4662
Book / Page	2025 / 4662
Instrument Date	Dec 28, 2025
Instrument	254662
Transaction Type	Transfer
Record Updated	Jan 13, 2026

Transaction

Amount	Amount Recorded
Downpayment	Downpayment on Record
Loan-to-Value (LTV)	LTV on Record
Tax	$399.20
Amount Accuracy	Rounded by County
Additional	Arm's Length

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Relationship	Joint Tenants with Right of Survivorship
Address	403 S STATE ST, MADRID, IA 50156-1323

Mortgage

Document Number	0000254663
Date	Dec 30, 2025
Instrument	254663

Lender

Name	RACCOON VALLEY BANK
Type	Bank

Agreement

Type	Conventional Mortgage
Amount	Amount Recorded
Term	361 Months
Due	Jan 1, 2056

July 2017: Intrafamily Transfer, Transfer

Document Type	Intrafamily Transfer
Jurisdiction	BOONE IA
Recording Date	Jul 27, 2017
Property Address	403 S STATE ST, MADRID, IA 50156-1323
Document Number	02017/3111
Book / Page	2017 / 3111
Instrument Date	Jul 20, 2017
Instrument	173111
Transaction Type	Transfer
Record Updated	Jan 12, 2026

Transaction

Tax	$0.00
Amount Accuracy	Transfer Tax Exempt
Additional	Intrafamily Transfer

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Relationship	Joint Tenants with Right of Survivorship
Address	403 S STATE ST, MADRID, IA 50156-1323

July 2017: Warranty Deed, Transfer

Document Type	Warranty Deed
Jurisdiction	BOONE IA
Recording Date	Jul 26, 2017
Property Address	403 S STATE ST, MADRID, IA 50156-1323
Document Number	02017/3091
Book / Page	2017 / 3091
Map Reference	PL MB 32 PG 90
Instrument Date	Jul 20, 2017
Instrument	173091
Transaction Type	Transfer
Record Updated	Jan 12, 2026

Transaction

Amount	Amount Recorded
Downpayment	Downpayment on Record
Loan-to-Value (LTV)	LTV on Record
Tax	$287.00
Amount Accuracy	Rounded by County
Additional	Arm's Length

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Relationship	Joint Tenants with Right of Survivorship
Address	403 S STATE ST, MADRID, IA 50156-1323

Mortgage

Document Number	02017/3092
Date	Jul 26, 2017
Book Page	2017/3092
Instrument	173092

Lender

Name	WELLS FARGO BANK NA
Type	Bank
Address	SIOUX FALLS, SD 57104

Agreement

Type	Conventional Mortgage
Amount	Amount Recorded
Term	361 Months
Due	Aug 1, 2047

July 2017: Special Warranty Deed, Transfer

Document Type	Special Warranty Deed
Jurisdiction	BOONE IA
Recording Date	Jul 27, 2017
Property Address	403 S STATE ST, MADRID, IA 50156-1323
Document Number	02017/3110
Book / Page	2017 / 3110
Instrument Date	Jul 19, 2017
Instrument	173110
Transaction Type	Transfer
Record Updated	Jan 12, 2026

Transaction

Tax	$0.00
Amount Accuracy	Transfer Tax Exempt
Additional	Arm's Length

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	403 S STATE ST, MADRID, IA 50156-1323

Tax Assessment & Valuation

Source: Boone County assessment roll, as of October 6, 2025

Property Jurisdictions

Type	Name
State	Iowa
County	Boone County
Municipality	Madrid City
Unified School District	Madrid Community School District (PK - 12)

Tax Bill & Assessment History

Year	Tax Bill	Assessed Value	Assessed Market Value
2025	$4,814.00 Homeowner's exemption	$207,590 (-19.31%) Land $33,460 Building $174,130	$207,590 (-19.31%) Land $33,460 Building $174,130
2024	$4,814.00 (+12.9%)
2023		$257,260 Land $23,898 Building $233,362	$257,260 Land $23,898 Building $233,362
2022	$4,264.00

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 Zone	Zone X minimal risk
Flood Insurance Requirement	Not required lenders may require it
Nearby Flood Policies	2 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 Risk	Low lower than 80% of the US · above 49% of Iowa
Wildfire Likelihood	0.01% annual chance
Exposure	Indirect within ember reach
Adjoins Burnable Land	Yes

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 System	XENIA RWD (MADRID) private · serves 1,635 people · EPA ID IA0848701
Water Source	Purchased groundwater influenced by surface water from MADRID WATER DEPARTMENT
Last State Inspection	Sep 2024
Lead	Under 1 ppb (2023–2025) action level 15 ppb

Violations Reported to EPA

Water Quality	Total trihalomethanes resolved · Apr 2017
Treatment and Procedure	None last 10 years
Monitoring and Reporting	None 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

Provider	Max 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.

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