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

Boone County property record for 515 E 1st St, Madrid, IA 50156

Property Summary

Property TypeSingle Family Home
Details2 bd · 3 ba · 2,552 sqft · built 1910
Lot Size0.309 acres (13,497 sqft)
OwnerIndividual Name on Record
Last Sale$233,000 (Apr 2017)
Tax Bill$6,198 (2024)
Deeds & MortgagesAug 2023 Line of Credit
Apr 2020 Mortgage
+ 2 more
Flood ZoneZone X (minimal risk)
APN088225312286104

Property Details

APN / Parcel Number

Primary APN088225312286104

Interior

Bedrooms2 Beds
Full Baths3 Baths
Half Baths1 Half Bath
Total Rooms5 Rooms
Stories1 Story
Building Area2,552 sqft Living Area
1st Floor Area1,541 sqft
Attic Area539 sqft
Basement Area1,541 sqft
Game RoomGame Room
Interior WallsPlaster
Fireplaces1 Fireplace
FireplaceFireplace

Exterior

Year BuiltBuilt 1910
Exterior MaterialVinyl
Construction TypeFrame
Foundation TypeBlock
Roof TypeGable
Roof MaterialAsphalt
Lot Area13,497 sqft (0.309 acres)
Lot Dimensions165 ft deep x 81 ft wide
Garage TypeDetached
Garage Area840 sqft
Parking Spaces3 Parking Spaces

Exterior Amenities

PorchOpen Porch
Porch Area456 sqft
Deck Area324 sqft
Patio Area306 sqft

Utilities, Heating & Cooling

Cooling SystemCentral
Heating SystemForced Air
Heating FuelGas

Location & Zoning

Street Address515 E 1ST ST
CityMADRID
StateIA
Zip50156-1402
Property CategoryResidential
Property TypeResidential > Single Family > Home
Local Zoning CodeINC
Legal DescriptionLAWBAUGHS ADD E 3/4 OF LOT 18 & W 3/4 OF LOT 19 & S 1/2 VAC ADJ (10') E-W ALLEY
Legal Range25
Legal Township82
Legal Section31
Legal SubdivisionLAWBAUGHS ADD
Legal Lot Number18,19
JurisdictionBOONE IA
Township / Civil DivisionGARDEN
Census Block Group2
Census Block2058
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 Address515 E 1ST ST, MADRID, IA 50156-1402
OccupancyOwner Occupied
Owner TypeIndividual

Deeds, Mortgages & Sale History

DateDocument
Aug 15, 2023Deed of Trust, Mortgage · Line of Credit
CITY STATE BANK
Apr 28, 2020Deed of Trust, Mortgage · Conventional Mortgage
IOWA BANKERS MORTGAGE CORP
Nov 19, 2019Deed of Trust, Mortgage · Stand-Alone Refinance
CITY STATE BANK
Apr 3, 2017Warranty Deed, Transfer · Conventional Mortgage
VISIONBANK OF IOWA

Assessor's Deed Record

Deed Names2 Names on Deed
Last SaleApr 3, 2017 · Amount on Record
Deed SaleApr 3, 2017 · Amount on Record
Deed Document Number171278
Deed Book / Page2017 / 1278
Record UpdatedJun 8, 2026

August 2023: Deed of Trust, Mortgage

Document TypeDeed of Trust
JurisdictionBOONE IA
Property Address515 E 1ST ST, MADRID, IA 50156-1402
Transaction TypeMortgage
Record UpdatedSep 29, 2023

Transferred To (Grantee/Buyer)

NameVerified Name
Address515 E 1ST ST, MADRID, IA 50156-1402

Mortgage

Document Number02023/2745
DateAug 15, 2023
Book Page2023/2745
Instrument232745
Lender
NameCITY STATE BANK
TypeBank
AddressMADRID, IA 50156
Agreement
TypeLine of Credit
AmountAmount Recorded
Interest
Rate TypeAdjustable Rate
Change FrequencyMonthly

April 2020: Deed of Trust, Mortgage

Document TypeDeed of Trust
JurisdictionBOONE IA
Property Address515 E 1ST ST, MADRID, IA 50156-1402
Transaction TypeMortgage
Record UpdatedSep 15, 2022

Transferred To (Grantee/Buyer)

NameVerified Name

Mortgage

Document Number02020/1812
DateApr 28, 2020
Book Page2020/1812
Instrument201812
Lender
NameIOWA BANKERS MORTGAGE CORP
TypeMortgage Company
Agreement
TypeConventional Mortgage
AmountAmount Recorded
Term180 Months
DueMay 1, 2035
Interest
Rate TypeFixed Rate

November 2019: Deed of Trust, Mortgage

Document TypeDeed of Trust
JurisdictionBOONE IA
Property Address515 E 1ST ST, MADRID, IA 50156-1402
Transaction TypeMortgage
Record UpdatedSep 15, 2022

Transferred To (Grantee/Buyer)

NameVerified Name

Mortgage

Document Number02019/4499
DateNov 19, 2019
Book Page2019/4499
Instrument194499
Lender
NameCITY STATE BANK
Agreement
TypeStand-Alone Refinance
AmountAmount Recorded

April 2017: Warranty Deed, Transfer

Document TypeWarranty Deed
JurisdictionBOONE IA
Recording DateApr 3, 2017
Property Address515 E 1ST ST, MADRID, IA 50156-1402
Document Number02017/1278
Book / Page2017 / 1278
Instrument DateMar 27, 2017
Instrument171278
Transaction TypeTransfer
Record UpdatedSep 15, 2022

Transaction

AmountAmount Recorded
DownpaymentDownpayment on Record
Loan-to-Value (LTV)LTV on Record
Tax$372.00
Amount AccuracyRounded by County
Additional
  • Arm's Length

Transferred From (Grantor/Seller)

NameVerified Name

Transferred To (Grantee/Buyer)

NameVerified Name
RelationshipJoint Tenants with Right of Survivorship

Mortgage

Document Number02017/1279
DateApr 3, 2017
Book Page2017/1279
Instrument171279
Lender
NameVISIONBANK OF IOWA
TypeBank
AddressAMES, IA 50010
Agreement
TypeConventional Mortgage
AmountAmount Recorded
Term181 Months
DueMay 1, 2032

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$362,780 (+10.52%) Land $28,000 Building $334,780$362,780 (+10.52%) Land $28,000 Building $334,780
2024$6,198.00 (+21.2%)
2023$328,235 Land $19,998 Building $308,237$328,235 Land $19,998 Building $308,237
2022$5,114.00

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
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 214 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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