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

Boone County property record for 516 E 2nd St, Madrid, IA 50156 · Last verified January 2026

Property Summary

Property Type	Single Family Home
Details	3 bd · 2 ba · 1,808 sqft · built 1900
Lot Size	0.225 acres (9,834 sqft)
Owner	Individual Name on File
Tax Bill	$3,250 (2024)
Deeds & Mortgages	Nov 2020 Mortgage Oct 2019 Mortgage + 1 more
Flood Zone	Zone X (minimal risk)
APN	`088225312286158`

Property Details

APN / Parcel Number

Primary APN	`088225312286158`

Interior

Bedrooms	3 Beds
Full Baths	2 Baths
Total Rooms	6 Rooms
Stories	1 Story
Building Area	1,808 sqft Living Area
1st Floor Area	832 sqft
Interior Walls	Wallboard/Drywall

Exterior

Year Built	Built 1900
Exterior Material	Composition/Composite
Construction Type	Frame
Foundation Type	Concrete
Roof Type	Gable
Roof Material	Asphalt
Lot Area	9,834 sqft (0.225 acres)
Lot Dimensions	149 ft deep x 66 ft wide
Garage Type	Detached
Garage Area	576 sqft
Parking Spaces	2 Parking Spaces

Exterior Amenities

Porch	Open Porch
Porch Area	188 sqft
Deck Area	150 sqft
Shed	1 Shed
Shed Area	200 sqft

Utilities, Heating & Cooling

Cooling System	Central
Heating System	Forced Air
Heating Fuel	Gas

Location & Zoning

Street Address	516 E 2ND ST
City	MADRID
State	IA
Zip	50156-1410
Property Category	Residential
Property Type	Residential > Single Family > Home
Legal Description	STOVERS 2ND ADD LOT 1 BLOCK 17 & E 66' OF ALLEY BETWEEN LOTS 1 & 8 NW NW
Legal Range	25
Legal Township	82
Legal Section	31
Legal Subdivision	STOVERS 2ND ADD
Legal Block	17
Legal Lot Number	1,8
Jurisdiction	BOONE IA
Township / Civil Division	GARDEN
Census Block Group	2
Census Block	2077
Census Tract	20500

Owner

Source: Boone County records · APN 088225312286158

Assessment roll updated May 1, 2025 · Last verified January 2026

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

Owner of Record	Individual Name on File
Mailing Address	516 E 2ND ST, MADRID, IA 50156-1410
Occupancy	Owner Occupied
Owner Type	Individual

Deeds, Mortgages & Sale History

Date	Document
Nov 04, 2020	Deed of Trust, Mortgage · Conventional Mortgage IOWA STATE BANK
Oct 09, 2019	Deed of Trust, Mortgage · Balloon Mortgage JOURNEY CU
Jun 17, 2019	Deed of Trust, Mortgage · Stand-Alone Refinance TRADESMEN CMNTY CU

Assessor's Deed Record

Deed Names	Verified Name on Deed
Last Sale	Oct 26, 2018
Deed Sale	Oct 26, 2018
Deed Document Number	0020184448
Record Updated	Jun 08, 2026

November 2020: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	BOONE IA
Property Address	516 E 2ND ST, MADRID, IA 50156-1410
Transaction Type	Mortgage
Record Updated	Apr 14, 2021

Transferred To (Grantee/Buyer)

Name	Verified Name

Mortgage

Document Number	2020/5427
Date	Nov 04, 2020
Book Page	2020/5427
Instrument	205427

Lender

Name	IOWA STATE BANK
Type	Bank

Agreement

Type	Conventional Mortgage
Amount	Amount Recorded

Interest

Rate Type	Fixed Rate

October 2019: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	BOONE IA
Property Address	516 E 2ND ST, MADRID, IA 50156-1410
Transaction Type	Mortgage
Record Updated	Nov 06, 2019

Transferred To (Grantee/Buyer)

Name	Verified Name

Mortgage

Document Number	2019/3835
Date	Oct 09, 2019
Book Page	2019/3835
Instrument	193835

Lender

Name	JOURNEY CU

Agreement

Type	Balloon Mortgage
Amount	Amount Recorded

June 2019: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	BOONE IA
Property Address	516 E 2ND ST, MADRID, IA 50156-1410
Transaction Type	Mortgage
Record Updated	Jul 10, 2019

Transferred To (Grantee/Buyer)

Name	Verified Name

Mortgage

Document Number	2019/1986
Date	Jun 17, 2019
Book Page	2019/1986
Instrument	191986

Lender

Name	TRADESMEN CMNTY CU

Agreement

Type	Stand-Alone Refinance
Amount	Amount Recorded
Term	121 Months
Due	Jul 01, 2029

Tax Assessment & Valuation

Source: Boone County records · Assessment roll updated May 1, 2025 · Last verified January 2026

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

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

Year	Tax Bill	Assessed Value	Assessed Market Value
2025		$228,410 (+19.74%) Land $23,100 Building $205,310	$228,410 (+19.74%) Land $23,100 Building $205,310
2024	$3,250.00 (+9.35%)
2023		$190,753 Land $16,500 Building $174,253	$190,753 Land $16,500 Building $174,253
2022	$2,972.00

Flood & Wildfire

Source: FEMA National Flood Hazard Layer, Boone County (19015C), updated October 20, 2021 · FEMA OpenFEMA NFIP redacted claims and policies, census block group 190150205002, refreshed September 2026 · USDA Forest Service Wildfire Risk to Communities, 2nd edition (2024), fuels as of 2020 · Last verified October 2026

Flood

FEMA Flood Zone	Zone X
Special Flood Hazard Area	No
Flood Hazard	Minimal
500-Year Floodplain	No
Nearest Special Flood Hazard Area	Zone A, within 500 ft
Nearby Flood Policies	2 in force

Wildfire

Wildfire Risk	Not rated no burnable land in reach
Wildfire Likelihood	Negligible
Exposure	None beyond ember reach

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.

Internet Providers

Source: FCC Broadband Data Collection, availability as of December 31, 2025 · Published October 2026 · based on 343 locations within about half a mile of this property

Provider	Technology	Download / Upload (Mbps)
Huxley Communications Cooperative	Fiber	1,000 / 1,000
Verizon	Fixed Wireless	300 / 20
Uniti Group	DSL	200 / 20
T-Mobile USA	Fixed Wireless	100 / 20
Starlink	Satellite (low-earth orbit)	280 / 30

May also be available at this address: Mediacom Communications, Uniti Group. Availability varies by address; speeds are provider-advertised maximums, not measured.

Mobile Coverage

5G and 4G LTE

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