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Pending
  • $295,000

    118 Peterson Pkwy, Madrid, IA 50156

    3beds
    0baths
    1,374sqft
    : 
    Townhouse, Condominium
    Built in 2005
    -- sqft lot
    $292,800 Zestimate®
    $215/sqft
    $200/mo HOA

    What's special

    Well maintained townhome located in 55+ townhome district. Open floor concept with 2 bedroom on main level and one bedroom in lower level. Lower level family room is a bonus. This is an end unit with 3rd car garage and extra side lot. Association Dues are $200/month. Lawncare and snow removal included. Located on North edge of Madrid with nice country view off back deck.
    21 days
    on Zillow
    |
    69
    |
    2
    |

    Likely to sell faster than

    Zillow last checked: 7 hours ago

    Listing updated: July 23, 2025 at 03:01pm

    Listed by:

    Nerem, Nate (515)432-5650,

    Nerem & Assoc.,

    Source: DMMLS,MLS#: 722682MLS LogoOriginating MLS: Des Moines Area Association of REALTORS
    Travel times

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 0
    • Main level bedrooms: 2
    Heating
    • Electric, Forced Air, Natural Gas
    Cooling
    • Central Air
    Features
    • Basement: Partially Finished
    Interior area
    • Total structure area: 1,374
    • Total interior livable area: 1,374 sqft
    • Finished area below ground: 445

    Property

    Parking
    • Total spaces: 3
    • Parking features: Attached, Garage, Three Car Garage
    • Attached garage spaces: 3
    Details
    • Parcel number: 088226254186094 & 088226254186052
    • Zoning: RES

    Construction

    Type & style
    • Home type: Condo
    • Architectural style: Ranch
    • Property subtype: Townhouse, Condominium
    Materials
    • Roof: Asphalt,Shingle
    Condition
    • Year built: 2005

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Community
    • Senior community: Yes
    HOA
    • Has HOA: Yes
    • Services included: Maintenance Grounds, Snow Removal
    • HOA fee: $200 monthly
    • HOA name: Maple Ridge Subdivision Townho
    • Second HOA name: Maple Ridge Subdivision Townho
    Location
    • Region: Madrid

    Financial & listing details

    • Price per square foot: $215/sqft
    • Tax assessed value: $234,236
    • Annual tax amount: $4,307
    • Date on market: 7/18/2025
    • Listing terms: Conventional
    • Road surface type: Concrete
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