501 E 2nd St, Madrid, IA 50156 Property Records

Boone County property record for 501 E 2nd St, Madrid, IA 50156

Property Summary

Property TypeConvenience Store
Details1,920 sqft · built 1994
Lot Size0.403 acres (17,556 sqft)
OwnerCompany Name on Record
Tax Bill$7,368 (2025)
Flood ZoneZone X (minimal risk)
APN088225312286124

Property Details

APN / Parcel Number

Primary APN088225312286124

Interior

Stories1 Story
Building Area1,920 sqft Gross Area
1st Floor Area1,920 sqft

Exterior

Year BuiltBuilt 1994
Effective Year BuiltEffective 1994
Exterior MaterialWood
Construction TypeFrame
Roof MaterialShingle
Lot Area17,556 sqft (0.403 acres)
Lot Dimensions133 ft deep x 132 ft wide

Utilities, Heating & Cooling

Cooling SystemHVAC
Heating SystemForced Air with A/C
Water SourceCommercial

Location & Zoning

Street Address501 E 2ND ST
CityMADRID
StateIA
Zip50156-1409
Property CategoryCommercial
Property TypeCommercial > Retail > Convenience Store
Local Zoning CodeINC
Legal DescriptionSTOVERS 2ND ADD LOTS 5 & 6 BLOCK 14 NW NW
Legal Range25W
Legal Township82N
Legal Section31
Legal SubdivisionSTOVERS 2ND ADD
Legal Block14
Legal Lot Number5,6
JurisdictionBOONE IA
Township / Civil DivisionGARDEN
Census Block Group2
Census Block2062
Census Tract20500

Owner

Source: Boone County records, as of August 28, 2026

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

Owner of RecordCompany Name on Record
Mailing Address2716 INDIANOLA AVE, DES MOINES, IA 50315-2377
Owner TypeCompany

Deeds, Mortgages & Sale History

Assessor's Deed Record

Deed NamesName on Deed
Record UpdatedOct 29, 2026

Tax Assessment & Valuation

Source: Boone County assessment roll, as of October 6, 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$7,368.00$363,090 (+34.38%) Land $102,430 Building $260,660$363,090 (+34.38%) Land $102,430 Building $260,660
2024$7,368.00 (-0.05%)
2023$270,191 Land $64,020 Building $206,171$270,191 Land $64,020 Building $206,171
2022$7,372.00

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 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 E 2nd St

Nearby Streets

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