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Residential (General/Single)Residential
$194,718
TopHap EstimateOur estimate of what this home would sell for today, based on nearby sales, the home's size and features, and local price trends. It is a starting point, not an appraisal.· confidence 74How well the pricing models agreed with each other on this home. Higher means the estimate rests on stronger, more consistent data.· as of Aug 30, 2026

MADRID, IA 50156
1
Baths
0.23 ac
Lot SizeThe size of the land the home sits on, from county records.
1998
Year BuiltThe year the home was originally built, according to county records.

Valuation

$195K
$144K low$245K high

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$1,052 (2024)
Assessed ValueThe value the county assigns to this home to calculate property tax. It is often lower than what the home would sell for.$59,710 (2025)
Assessed LandThe share of the county's assessed value that comes from the land itself, not the buildings.$22,230
Assessed ImprovementsThe share of the county's assessed value that comes from the buildings and other structures on the land.$37,480
Previous AssessedThe county's assessed value from the year before, useful for seeing how the assessment changed.$54,033
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$59,710

Property Facts

Property TypeThe broad category the county puts this property in, such as residential or commercial.Residential (General/Single)
CountyBoone
Lot (acres)The size of the land the home sits on, from county records.0.23
HeatingThe type of heating system in the home.None
GarageWhether the property has a garage, and details like whether it is attached to the home.Garage, Detached
PoolWhether the property has a pool, and what kind, such as in-ground.No

Assigned SchoolsThe public schools this address is zoned for. Boundaries change, so confirm with the district before you count on it.

H
Madrid High SchoolA-
High · Grades 9–12 · 0.4 mi
M
Madrid Junior High SchoolB+
Middle · Grades 6–8 · 0.4 mi
E
Madrid Elementary SchoolA-
Elementary · Grades KG–5 · 0.6 mi

District: Madrid Community School District

Neighborhood · ZIP 50156These are comparison scores, not percentages. 100 equals the national average, so 150 means about 50% above average.

CrimeLocal crime compared with the rest of the country, where 100 is average. It reflects things like population density, income, and how crime gets reported.87
Air pollutionOverall air pollution compared with the rest of the country, where 100 is average. Lower is cleaner.97
EarthquakeEarthquake risk and likely building damage compared with the rest of the country, where 100 is average. Scores can run far above 100.16

Index scale: 100 = US average (tick). Lower is better.

Homes occupiedThe share of homes here that someone lives in. The rest sit empty, including vacation and for-sale homes.95%
Bachelor's or higherThe share of adults 25 and older whose highest degree is a bachelor's degree.27%
Poverty rateThe share of people whose household income falls below the federal poverty line, which varies by family size.8.1%
UnemploymentThe share of men 16 and older who are out of work and actively looking. Only men are counted in this figure.1.0%
PopulationHow many people live in this area.7,341
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.81 / mi²
Median incomeThe middle household income here — half of households earn more, half earn less.$109,355
Average incomeThe average household income. It runs higher than the median when a few high earners pull it up.$118,956
Average tempThe average temperature here across a full year.49°F
Annual precipHow much rain and melted snow falls here in a typical year.34 in
SunshineThe share of daylight hours that get direct sun in a typical year, counting cloud cover.61%

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Data by ATTOM. Valuations are automated estimates, not appraisals. Photos from Google Street View and may not depict the current property state.

How this home compares

measured against every home in its neighborhood, its ZIP code and its county, using county assessor records refreshed nightly. A home can stand out in one of those areas and look ordinary in another, because each one holds a different mix of homes.

  • Worth less than 72% of homes in Madrid 50156
  • Has a smaller lot than 72% of homes in Madrid 50156
  • Newer than 82% of homes in Boone County

What homes are worth in Madrid 50156

Each bar is how many homes fall in that price range. The marker is this home.

This home
$103K$759K

This home is worth more than 28% of homes in Madrid 50156.

How it measures up in Madrid 50156

The dot is this home. The mark in the middle is the typical home in Madrid 50156.

Estimated value$194,718
CheaperTypical $260,685Pricier

Pricier than 28% of homes nearby

Lot size0.23 ac
SmallerTypical 0.42 acBigger

Bigger than 28% of homes nearby

Year built1998
OlderTypical 1963Newer

Newer than 76% of homes nearby

How ranks against every home in each area.
MeasureThis homeMadrid 50156Boone County
Estimated valuepricier than$194,71828% of homes46% of homes
Lot sizebigger than0.23 ac28% of homes31% of homes
Year builtnewer than199876% of homes82% of homes

About

How much is , Madrid, IA worth?

The TopHap Estimate for , Madrid, IA is $194,718 as of Aug 30, 2026. The likely range is $144,194 to $245,242. The estimate is modelled from recorded sales, assessments and the property's own characteristics — it is not an appraisal.

When did , Madrid, IA last sell?

, Madrid, IA last sold on Mar 18, 1975, according to the county's recorded deed.

How big is , Madrid, IA?

, Madrid, IA has 1 bathrooms and a 0.23-acre lot.

When was , Madrid, IA built?

, Madrid, IA was built in 1998, making it 28 years old.

What schools serve , Madrid, IA?

, Madrid, IA is assigned to Madrid High School (high), rated A-; Madrid Junior High School (middle), rated B+; Madrid Elementary School (elementary), rated A-. All sit in Madrid Community School District. Attendance boundaries change — confirm with the district before relying on an assignment.

How does , Madrid, IA compare to other homes in Madrid 50156?

Among the 1,759 homes in Madrid 50156, it is worth more than 28% of them ($194,718 against a typical $260,685), its lot is bigger than 28% of them (0.23 ac against a typical 0.42 ac) and it is newer than 76% of them (1998 against a typical 1963). Measured against all of Boone County, it is worth more than 46% of homes there. These shares are recounted nightly from the full county assessor record for each area, not from active listings.

What are the property taxes on , Madrid, IA?

The 2024 property tax bill for , Madrid, IA was $1,052. The county assessed it at $59,710.

Closest homes

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Assigned schools

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