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2050 S Ave Avenue

Madrid, IA 50156
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Bed 3

Bed

Bath 1

Bath

SqFt1,481

Sqft

Rare Opportunity to own a small Hobby farm in Boone County. Located on a paved road this Farm is just under 20 acres with 17.44 acres ML in tillable ground. Prime crop ground with a CSR 2 Rating of 88.37. The building site is 2.06 acres. The House has 3 bedrooms, large kitchen, single bath, living room, 1st floor laundry, and just over 1480 Sq. Ft. of finished living area. The basement is used for storage. Updates include Pella windows, updated kitchen, drywall, oak trim, bedroom / bath addition, and Xenia Rural Water. The Farm has been in the same family for 81 years and has been well maintained. A new septic system will be installed. There are several useable outbuildings to include two car garage, 20x 40 machine shed, 22x 24 poultry house, 16x14 storage shed and a garden shed. Everythin g you need to start your Hobby Farm! You could be self sufficient with a large garden spot and several fruit trees on the acreage. Located in the Madrid school district with an easy commute to Boone, Ames and Des Moines Metro area. This could be your life time home.

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Detail Ic Property Details

Property Type : Residential

Price : $590,000

AD Id : 89484500

MLS Id : 747168

Beds : 3

Living Area Size : 1,481

Year Built : 1895

Garage : 2

County : Boone

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Feature Features

  • Bedroom Information

    Total beds: 3

    Bathroom Information

    Total Baths: 1 Full Baths: 1

    Room Information

    Has Basement: Yes Basement: Partial, Unfinished
  • Flooring Information

    Carpet
  • Roofing Information

    Asphalt, Shingle
  • Interior Features

    Eat-in Kitchen Roof: Asphalt, Shingle Appliances: Cooktop, Dryer, Refrigerator, Washer Laundry Features: Main Level
  • Heating & Cooling

    Has Heating: Yes Heating: Propane Has Cooling: Yes Cooling: Central Air

  • Building Information

    Year Built: 1895 Building Area Total: 1481 Construction Materials: Vinyl Siding Patio And Porch Features: Deck Private Pool: No
  • Exterior Features

    Exterior Features: Storage

  • Listing Price Information

    Listing Price: $590000 Cash, Conventional, FHA, USDA Loan, VA Loan

  • Tax Information

    Parcel Number: O8822518200003 Annual Tax: $2839.01 Tax Legal Desc: South 20 acres SWW FR NW 18-32-25 Boone County Iowa

  • Parking Information

    Detached, Garage

    Garage Information

    Has Garage: Yes Garage Space: 2

  • Location Information

    Direction: HWY 17 2 miles North of Madrid . House will be on Eest Side of The road. Security Features: Smoke Detector(s)
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
2291 Roadrunner Place, Madrid, IA, 50156 $750,000 5 3 1,662 1,662 SqFt
11019 NW 158th Avenue, Madrid, IA, 50156 $695,000 4 3 1,814 1,814 SqFt
814 E First Street, Madrid, IA, 50156 $350,000 4 3 1,998 1,998 SqFt
1958 S Avenue, Madrid, IA, 50156 $629,000 3 2 1,712 1,712 SqFt
613 S Green Street, Madrid, IA, 50156 $374,900 3 4 1,636 1,636 SqFt
611 E 1st Street, Madrid, IA, 50156 $249,900 3 2 1,704 1,704 SqFt
309 E First Street, Madrid, IA, 50156 $264,900 3 2 1,848 1,848 SqFt
215 E Ninth Street, Madrid, IA, 50156 $299,000 6 4 2,686 2,686 SqFt
210 N Union Street, Madrid, IA, 50156 $314,900 3 2 1,359 1,359 SqFt
222 Park View Lane, Madrid, IA, 50156 $677,000 4 4 2,640 2,640 SqFt

The data relating to real estate for sale on this website comes in part from the Internet Data Exchange of the Des Moines Area Association of REALTORS®. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. Copyright © 2026 Des Moines Area Association of REALTORS®. All Rights Reserved.

ByOwner last updated this listing 08/20/2026 @ 08:28

MLS: 747168 LISTED BY: Donald Lincoln, Nerem & Assoc., 515-432-5650 SOURCE: Des Moines Area Association of REALTORS

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