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.
Pending
$295,000
118 Peterson Pkwy, Madrid, IA 50156
3beds
0baths
1,374sqft
Est.:
Townhouse, Condominium
Built in 2005
-- sqft lot
$292,800 Zestimate®
$215/sqft
$200/mo HOA
What's special
- 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#: 722682
Originating 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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