Large Location Icon

242 Madison St; Waterloo, IA Property Details

242 Madison St, Waterloo, IA is a Single Family that was built in 1927. This property is currently a cash purchase and is not for sale. Our records show that 242 Madison St has 2 bedrooms, and 1 bathroom, and a total of 528 square feet. The lot size of 242 Madison St is 6,400 square feet.

Off market
242 Madison St Waterloo, IA 50703
$26,380 Estimated Value
2 Beds
1 Baths
528 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Year Built: 1927
  • Purchase Price: $26,000
  • Est. Equity / %: $85,000 / 100%
  • Gross Yield: 4.122%
  • APN: 8912-30-128-009
  • Situs County: Black Hawk
  • Length Of Ownership: 4 years, 7 months

Rooms

  • Bedrooms: 2
  • Bathrooms: 1
  • Full Bathrooms: 1
  • Total Rooms: 4

Structure

  • Building Style: Frame
  • Floor Cover Type: Carpet
  • Stories: 1
  • Exterior Wall Type: Wood Siding
  • Interior Wall Type: Plaster
  • Building Condition: Fair
  • Roof Type: Gable
  • Porch Type: Open
  • Roof Cover Type: Asphalt
  • Patio Type: Patio

Measurements

  • Total: 528/SqFt
  • Lot: 6,400/SqFt
  • Gross: 528/SqFt
  • Living: 528/SqFt
  • Basement: 528/SqFt
  • Building: 528/SqFt
  • Ground: 528/SqFt
  • Basement Unfinished: 528/SqFt
  • Price Per Square Foot: $49.24

Legal Description

  • Description: HILLSIDE ADDITION WATERLOO LOT 3 BLK 5
Building Insights

Land Information

  • Property Type: Single Family
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Waterloo Community School District
  • Lat / Lon: 42.497192 / -92.310295
  • Subdivision: Hillside Addition Waterloo
  • Property Class: Residential
  • County Use Code: 101

Amenities

  • Plus Four: 4240
  • Bathroom Fixtures: 1
  • Cooling: None
  • Heating: Yes

Ownership Info

242 Madison St has no associated ownership info
242 Madison St has no associated ownership info.

Taxes

242 Madison St has 10 associated Taxes items

242 Madison St, Waterloo, IA pays taxes in Black Hawk County, IA. The most recent tax assessment records are from 2025 and show that the current assessed value of the property is $26,380. The APN we've located for 242 Madison St is 8912-30-128-009.

Unlock the full report
Taxes
  • Assessed Value:  $26,380
  • Assessed Year:  2025
  • Assessed County:  Black Hawk
  • APN:  8912-30-128-009
  • Assessed Land Value:  5340
  • Market Land Value:  5340
  • Tax Amount:  428
  • Tax Year:  2025
  • Market Value:  26380
  • Market Year:  2025

Tax History

242 Madison St has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $26,380 Land Value $5,340 Improvement Value $21,040 Tax Amount $538 Change Rate +0.257009% Assessed CR Tax Rate +0.020394%
Year 2024 Assessed Value $19,750 Land Value $5,340 Improvement Value $14,410 Tax Amount $428 Change Rate +0.084203% Assessed CR Tax Rate +0.021671%
Year 2023 Assessed Value $19,750 Land Value $5,340 Improvement Value $14,410 Tax Amount $394.76 Change Rate -0.263507% Assessed CR Tax Rate +0.019988%
Year 2022 Assessed Value $24,450 Land Value $5,340 Improvement Value $19,110 Tax Amount $536 Change Rate +0.025307% Assessed CR Tax Rate +0.021922%
Year 2021 Assessed Value $24,450 Land Value $5,340 Improvement Value $19,110 Tax Amount $522.77 Change Rate -0.036724% Assessed CR Tax Rate +0.021381%
Year 2020 Assessed Value $23,960 Land Value $4,850 Improvement Value $19,110 Tax Amount $542.7 Change Rate +0.016292% Assessed CR Tax Rate +0.02265%
Year 2019 Assessed Value $23,960 Land Value $4,850 Improvement Value $19,110 Tax Amount $534 Change Rate +0.034884% Assessed CR Tax Rate +0.022287%
Year 2018 Assessed Value $23,120 Land Value $4,850 Improvement Value $18,270 Tax Amount $516 Change Rate Assessed CR Tax Rate +0.022318%
Year 2017 Assessed Value $23,120 Land Value $4,850 Improvement Value $18,270 Tax Amount $516 Change Rate -0.08366% Assessed CR Tax Rate +0.022318%
Year 2016 Assessed Value $24,520 Land Value $4,850 Improvement Value $19,670 Tax Amount $563.11 Change Rate +0.012788% Assessed CR Tax Rate +0.022965%
Year 2015 Assessed Value $24,520 Land Value $4,850 Improvement Value $19,670 Tax Amount $556 Change Rate +0.041199% Assessed CR Tax Rate +0.022675%
Year 2014 Assessed Value $23,120 Land Value $4,850 Improvement Value $18,270 Tax Amount $534 Change Rate +0.026923% Assessed CR Tax Rate +0.023097%
Year 2013 Assessed Value Land Value Improvement Value Tax Amount $520 Change Rate Assessed CR Tax Rate