516 E 3rd St, Madrid, IA 50156 Property Records

Boone County property record for 516 E 3rd St, Madrid, IA 50156 · Last verified October 2025

Property Highlights

Property TypeResidential > Single Family > Home
Bedrooms3 Beds
Bathrooms1 Baths
Year BuiltBuilt 1902
Square Footage1,240 sqft Living Area
Lot Size6,138 sqft (0.14 acres)
GarageDetached, 576 sqft
OccupancyOwner Occupied
Tax Bill$2,216.00 (2024)

Property Details

APN / Parcel Number

Primary APN088225312286171

Interior

Bedrooms3 Beds
Full Baths1 Baths
Total Rooms8 Rooms
Building Area1,240 sqft Living Area
1st Floor746 sqft 1st Floor
Attic Area390 sqft Attic
Attic1 Attic
Basement Area373 sqft Basement
Game RoomGame Room
Stories1 Stories
Interior StructurePlaster Interior Structure

Exterior

Year BuiltBuilt 1902
Exterior MaterialVinyl Exterior
Construction TypeFrame Construction
Foundation TypeStone Foundation
Roof ConstructionGable Roof Construction
Roof MaterialAsphalt Roof
Lot Area6,138 sqft (0.14 acres)
Depth X Width93 ft x 66 ft Depth x Width
Parking Spaces2 Parking Spaces
Garage TypeDetached Garage
Garage Area576 sqft Garage

Exterior Amenities

Shed1 Shed
Deck Area144 sqft Deck
PorchOpen Porch
Porch Area192 sqft Porch

Utilities and HVAC

Cooling SystemCentral Cooling
Heating SystemForced Air Heating
Heating FuelGas Heating Fuel

Location & Zoning

Street Address516 E 3RD ST
CityMADRID
StateIA
Zip50156-1418
Property UsageResidential Property Usage
TypeResidential > Single Family > Home
Legal DescriptionSTOVERS 2ND ADD LOT 1 BLOCK 18 NW NW
Legal Range25
Legal Township82
Legal Section31
Legal SubdivisionSTOVERS 2ND ADD
Legal Block18
Legal Lot Number1
JurisdictionBOONE IA
Minor Civil DivisionGARDEN
Census Blockgroup2
Census Block2070
Census Tract20500

Owner

Source: Boone County records · APN 088225312286171

Assessment roll updated May 1, 2025 · Last verified October 2025

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

Owner of RecordIndividual Name on File
Co-ownerVerified Secondary Owner
Mailing Address516 E 3RD ST, MADRID, IA 50156-1418
OccupancyOwner Occupied
Owner TypeOwner is an Individual, Couple or Unincorporated Entity

Deeds, Mortgages & Sale History

DateDocument
Oct 04, 2021Deed of Trust, Mortgage · Federal Housing Administration (FHA) Mortgage
ROCKET MORTGAGE LLC
Oct 19, 2018Deed of Trust, Mortgage · Federal Housing Administration (FHA) Mortgage
QUICKEN LOAN INC
May 04, 2017Deed of Trust, Mortgage · Federal Housing Administration (FHA) Mortgage
QUICKEN LOANS INC

Assessor's Deed Record

Deed Names2 Verified Names on Deed
Last Transfer DateMar 12, 2025
Transfer Doc002025/686
Record RefreshedJun 08, 2026

October 2021: Deed of Trust, Mortgage

Document TypeDeed of Trust
JurisdictionBOONE IA
Property Address516 E 3RD ST, MADRID, IA 50156-1418
Transaction TypeMortgage
Record UpdatedDec 08, 2021

Transferred To (Grantee/Buyer)

NameVerified Name

Mortgage

Document Number2021/4970
DateOct 04, 2021
Book Page2021/4970
Instrument214970
Lender
NameROCKET MORTGAGE LLC
TypeMortgage Company
Agreement
TypeFederal Housing Administration (FHA) Mortgage
AmountAmount Recorded
Term360 Months
DueOct 01, 2051
Interest
Rate TypeFixed Rate

October 2018: Deed of Trust, Mortgage

Document TypeDeed of Trust
JurisdictionBOONE IA
Property Address516 E 3RD ST, MADRID, IA 50156-1418
Transaction TypeMortgage
Record UpdatedNov 15, 2018

Transferred To (Grantee/Buyer)

NameVerified Name

Mortgage

Document Number0000002018/0000004297
DateOct 19, 2018
Book Page0000002018/0000004297
Instrument000000184297
Lender
NameQUICKEN LOAN INC
TypeLending Institution
Agreement
TypeFederal Housing Administration (FHA) Mortgage
AmountAmount Recorded
Term351 Months
DueJan 01, 2048

May 2017: Deed of Trust, Mortgage

Document TypeDeed of Trust
JurisdictionBOONE IA
Property Address516 E 3RD ST, MADRID, IA 50156-1418
Transaction TypeMortgage
Record UpdatedMay 24, 2017

Transferred To (Grantee/Buyer)

NameVerified Name

Mortgage

Document Number, 171760
DateMay 04, 2017
Book Page2017/1760
Instrument171760
Lender
NameQUICKEN LOANS INC
TypeLending Institution
AddressDETROIT, MI 48226
Agreement
TypeFederal Housing Administration (FHA) Mortgage
AmountAmount Recorded
Term300 Months
DueMay 01, 2042

Tax Assessment & Valuation

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

Property Jurisdictions

TypeName
StateIowa
CountyBoone County
MunicipalityMadrid City
Unified School DistrictMadrid 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.

YearTax BillAssessed ValueAssessed Market Value
2025$167,630 (+35.22%) Land $18,940 Building $148,690$167,630 (+35.22%) Land $18,940 Building $148,690
2024$2,216.00 (+22.16%)
2023$123,965 Land $13,530 Building $110,435$123,965 Land $13,530 Building $110,435
2022$1,814.00

Nearby Properties on E 3rd St

Nearby Streets

Search Property Records by Address or Parcel Number