Welcome to this spacious and sun-filled townhouse in the charming Madrid community for 55+! The main level features a bright living room with a cozy gas fireplace, a generously sized eat-in kitchen, and a primary suite complete with a large walk-in closet and private ensuite bathroom. The recently finished basement adds valuable living space with a second living area, a second full kitchen, daylight windows, and a third bedroom with its own ensuite—perfect for guests or extended family. Enjoy outdoor living on the back deck and appreciate the larger lot size rarely found with townhomes. The HOA covers exterior maintenance, lawn care, and snow removal for easy, low-maintenance living.
Pending
$285,000
119 Peterson Pkwy, Madrid, IA 50156
3beds
1,458sqft
Est.:
Single Family Residence
Built in 2004
7,840.8 Square Feet Lot
$284,100 Zestimate®
$195/sqft
$200/mo HOA
What's special
- 36 days
- on Zillow |
- 22 |
- 0 |
Zillow last checked: 7 hours ago
Listing updated: July 25, 2025 at 12:46pm
Listed by:
Sara Summy 515-453-6099,
Iowa Realty Beaverdale
Source: DMMLS,MLS#: 722813
Originating MLS: Des Moines Area Association of REALTORS

Travel times
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 3
- Full bathrooms: 2
- 3/4 bathrooms: 1
- Main level bedrooms: 2
Heating
- Forced Air, Gas, Natural Gas
Cooling
- Central Air
Appliances
- Included: Dryer, Dishwasher, Microwave, Refrigerator, Stove, Washer
- Laundry: Main Level
Features
- Eat-in Kitchen
- Flooring: Carpet
- Basement: Daylight,Partially Finished
- Number of fireplaces: 1
- Fireplace features: Gas Log
Interior area
- Total structure area: 1,458
- Total interior livable area: 1,458 sqft
- Finished area below ground: 1,000
Property
Parking
- Total spaces: 2
- Parking features: Attached, Garage, Two Car Garage
- Attached garage spaces: 2
Accessibility
- Accessibility features: Grab Bars
Lot
- Size: 7,840.8 Square Feet
- Features: Rectangular Lot
Details
- Parcel number: 08822654186046
- Zoning: Res
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Ranch
- Property subtype: Single Family Residence
Materials
- Vinyl Siding
- Foundation: Poured
- Roof: Asphalt,Shingle
Condition
- Year built: 2004
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Senior community: Yes
HOA
- Has HOA: Yes
- Services included: Maintenance Grounds, Maintenance Structure, Snow Removal
- HOA fee: $200 monthly
- HOA name: Maple Ridge
- Second HOA name: Self Managed
- Second HOA phone: 515-229-9041
Location
- Region: Madrid
Financial & listing details
- Price per square foot: $195/sqft
- Tax assessed value: $232,993
- Annual tax amount: $4,259
- Date on market: 7/22/2025
- Cumulative days on market: 37 days
- Listing terms: Cash,Conventional,FHA,VA Loan
- Road surface type: Concrete
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