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

Boone County property record for 721 E 2nd St, Madrid, IA 50156

Property Summary

Property TypeSingle Family Home
Details4 bd · 4 ba · 2,119 sqft · built 1908
Lot Size0.286 acres (12,460 sqft)
Owner2 Individual Names on Record
Tax Bill$3,558 (2025)
Deeds & MortgagesFeb 2026 Second Mortgage
Jan 2020 Transfer
Flood ZoneZone X (minimal risk)
APN088225312286043

Property Details

APN / Parcel Number

Primary APN088225312286043

Interior

Bedrooms4 Beds
Full Baths4 Baths
Half Baths2 Half Baths
Total Rooms11 Rooms
Stories2 Stories
Building Area2,119 sqft Living Area
1st Floor Area700 sqft
Basement Area365 sqft
Unfinished Basement350 sqft
Game RoomGame Room
FlooringCarpet
Interior WallsPlaster

Exterior

Year BuiltBuilt 1908
Effective Year BuiltEffective 1908
Exterior MaterialMetal
Construction TypeSteel Frame
Roof TypeGable
Roof MaterialAsphalt
Lot Area12,460 sqft (0.286 acres)
Lot Dimensions140 ft deep x 89 ft wide
Garage TypeDetached
Garage Area920 sqft
Parking Spaces4 Parking Spaces

Exterior Amenities

PorchPorch
Porch Area112 sqft
Deck AreaDeck Area
Patio Area316 sqft

Utilities, Heating & Cooling

Cooling SystemCentral
Heating SystemForced Air with A/C
Heating FuelGas

Location & Zoning

Street Address721 E 2ND ST
CityMADRID
StateIA
Zip50156-1413
Property CategoryResidential
Property TypeResidential > Single Family > Home
Local Zoning CodeINC
Legal DescriptionMILES ADD NW NW W 89' OF S 1/2 OF LOT 9
Legal Range25W
Legal Township82N
Legal Section31
Legal SubdivisionMILES ADD
Legal Lot Number9
JurisdictionBOONE IA
Township / Civil DivisionGARDEN
Census Block Group2
Census Block2060
Census Tract20500

Owner

Source: Boone County records, as of March 2, 2026

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

Owner of Record2 Individual Names on Record
Mailing Address721 E 2ND ST, MADRID, IA 50156-1413
OccupancyOwner Occupied
Owner TypeIndividual

Deeds, Mortgages & Sale History

DateDocument
Feb 19, 2026Deed of Trust, Mortgage · Stand-Alone Second Mortgage
MEMBERS 1ST COMMUNITY FCU
Jan 6, 2020Quit Claim Deed, Transfer
Quitclaim

Assessor's Deed Record

Deed Names2 Names on Deed
Last SaleOct 31, 2014
Deed SaleOct 31, 2014
Prior SaleNov 10, 2010 · Amount on Record
Deed Document Number20143954
Deed Book / Page2014 / 3954
Last Transfer DateJan 2, 2020
Transfer Doc2020/46
Record UpdatedJun 8, 2026

February 2026: Deed of Trust, Mortgage

Document TypeDeed of Trust
JurisdictionBOONE IA
Property Address721 E 2ND ST, MADRID, IA 50156-1413
Transaction TypeMortgage
Record UpdatedMar 4, 2026

Transferred To (Grantee/Buyer)

NameVerified Name

Mortgage

Document Number002026/618
DateFeb 19, 2026
Book Page2026/618
Instrument260618
Lender
NameMEMBERS 1ST COMMUNITY FCU
TypeCredit Union
AddressMARSHALLTOWN, IA 50158
Agreement
TypeStand-Alone Second Mortgage
AmountAmount Recorded
Term56 Months
DueSep 30, 2030

January 2020: Quit Claim Deed, Transfer

Document TypeQuit Claim Deed
JurisdictionBOONE IA
Recording DateJan 6, 2020
Property Address721 E 2ND ST, MADRID, IA 50156-1413
Document Number2020/46
Book / Page2020 / 46
Instrument DateJan 2, 2020
Instrument200046
Transaction TypeTransfer
Record UpdatedOct 11, 2021

Transaction

Tax$0.00
Amount AccuracyNo Consideration Stated
Additional
  • Quitclaim
  • Intrafamily Transfer

Transferred From (Grantor/Seller)

NameVerified Name

Transferred To (Grantee/Buyer)

NameVerified Name
Address721 E 2ND ST, MADRID, IA 50156-1413

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$3,558.00 Homeowner's exemption$254,810 (+32.16%) Land $29,000 Building $225,810$254,810 (+32.16%) Land $29,000 Building $225,810
2024$3,558.00 (+3.79%)
2023$192,810 Land $20,715 Building $172,095$192,810 Land $20,715 Building $172,095
2022$3,428.00

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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