# 121 Peterson Parkway, Madrid, IA 50156

> **TL;DR:** 3bd/3ba townhouse, $284,900 ($230/sqft), built 2004, 1,240 sqft.
> Fireplace, A/C, 2-car garage. Est. $1,724/mo. Listed 85 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $284,900 |
| Price/sqft | $230 |
| Bedrooms | 3 |
| Bathrooms | 1 full, 1 half |
| Square Feet | 1,240 |
| Year Built | 2004 |
| Lot Size | 5,663 sqft (0.13 acres) |
| Stories | 1 |
| Garage | 2-car |
| Property Type | Townhouse (Townhouse) |
| Status | Active |
| Days on Market | 85 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Principal & Interest (20% down, 30-year at 6.5%) | $1,441 |
| Estimated Insurance | $83 |
| HOA | $200 |
| **Total** | **$1,724** |

## Key Amenities

- Fireplace
- A/C
- 2-car garage

## Property Highlights

- Built in 2004
- 0.13 acre lot
- Fireplace

## Description

### Agent Description
Say goodbye to snow shovels and lawn mowers, the HOA's got you covered on both in this over 55 community! This three-bedroom, three-bath home is ready to make your life easier from day one. You'll love the living room and the convenience of first-floor laundry (because who wants to haul baskets up and down stairs?). Head downstairs and you'll find a huge family room with daylight windows that keeps things bright and cheerful, plus a guest bedroom, full bath, and a generous storage room perfect for guests or just spreading out. The extras don't stop there: cozy fireplace, tons of storage throughout, large kitchen and a two-car attached garage. You've got both front and rear decks for morning coffee or evening unwinding. Tucked into a quiet neighborhood with easy access to HWY 17, you're close to everything in Madrid, including walking distance to the middle school and high school. Don't let this one slip away!

## Location

- **Address:** 121 Peterson Parkway, Madrid, IA 50156
- **County:** Boone
- **Coordinates:** 41.88277, -93.8176
- **Google Maps:** https://www.google.com/maps?q=41.88277,-93.8176

## Listing Agent

- **Name:** Jeff Johnston
- **Brokerage:** RE/MAX Concepts
- **Broker Phone:** (515) 276-2872
- **Listing URL:** [View original listing](https://www.realtor.com/realestateandhomes-detail/121-Peterson-Pkwy_Madrid_IA_50156_M77881-42466?f=listhub&s=DMAARIA&m=746800&c=propsimple)

## Photos

![121 Peterson Parkway - Photo 1](http://lh.rdcpix.com/ade70750a79b4b07ac625c370c0dcce5l-f4222525713r.jpg)

![121 Peterson Parkway - Photo 2](http://lh.rdcpix.com/ade70750a79b4b07ac625c370c0dcce5l-f211332317r.jpg)

![121 Peterson Parkway - Photo 3](http://lh.rdcpix.com/ade70750a79b4b07ac625c370c0dcce5l-f4205448568r.jpg)

![121 Peterson Parkway - Photo 4](http://lh.rdcpix.com/ade70750a79b4b07ac625c370c0dcce5l-f3012645884r.jpg)

![121 Peterson Parkway - Photo 5](http://lh.rdcpix.com/ade70750a79b4b07ac625c370c0dcce5l-f3595800491r.jpg)

![121 Peterson Parkway - Photo 6](http://lh.rdcpix.com/ade70750a79b4b07ac625c370c0dcce5l-f3228211010r.jpg)

![121 Peterson Parkway - Photo 7](http://lh.rdcpix.com/ade70750a79b4b07ac625c370c0dcce5l-f699303726r.jpg)

![121 Peterson Parkway - Photo 8](http://lh.rdcpix.com/ade70750a79b4b07ac625c370c0dcce5l-f311799108r.jpg)

![121 Peterson Parkway - Photo 9](http://lh.rdcpix.com/ade70750a79b4b07ac625c370c0dcce5l-f764658822r.jpg)

![121 Peterson Parkway - Photo 10](http://lh.rdcpix.com/ade70750a79b4b07ac625c370c0dcce5l-f1106298821r.jpg)

![121 Peterson Parkway - Photo 11](http://lh.rdcpix.com/ade70750a79b4b07ac625c370c0dcce5l-f3136896996r.jpg)

![121 Peterson Parkway - Photo 12](http://lh.rdcpix.com/ade70750a79b4b07ac625c370c0dcce5l-f1331330484r.jpg)

![121 Peterson Parkway - Photo 13](http://lh.rdcpix.com/ade70750a79b4b07ac625c370c0dcce5l-f588940965r.jpg)

![121 Peterson Parkway - Photo 14](http://lh.rdcpix.com/ade70750a79b4b07ac625c370c0dcce5l-f3650726314r.jpg)

![121 Peterson Parkway - Photo 15](http://lh.rdcpix.com/ade70750a79b4b07ac625c370c0dcce5l-f905557656r.jpg)

![121 Peterson Parkway - Photo 16](http://lh.rdcpix.com/ade70750a79b4b07ac625c370c0dcce5l-f1501511063r.jpg)

![121 Peterson Parkway - Photo 17](http://lh.rdcpix.com/ade70750a79b4b07ac625c370c0dcce5l-f1174984950r.jpg)

![121 Peterson Parkway - Photo 18](http://lh.rdcpix.com/ade70750a79b4b07ac625c370c0dcce5l-f310580230r.jpg)

![121 Peterson Parkway - Photo 19](http://lh.rdcpix.com/ade70750a79b4b07ac625c370c0dcce5l-f1910190056r.jpg)

![121 Peterson Parkway - Photo 20](http://lh.rdcpix.com/ade70750a79b4b07ac625c370c0dcce5l-f2114470435r.jpg)

![121 Peterson Parkway - Photo 21](http://lh.rdcpix.com/ade70750a79b4b07ac625c370c0dcce5l-f1717914049r.jpg)

![121 Peterson Parkway - Photo 22](http://lh.rdcpix.com/ade70750a79b4b07ac625c370c0dcce5l-f4140416624r.jpg)

![121 Peterson Parkway - Photo 23](http://lh.rdcpix.com/ade70750a79b4b07ac625c370c0dcce5l-f3822544384r.jpg)

![121 Peterson Parkway - Photo 24](http://lh.rdcpix.com/ade70750a79b4b07ac625c370c0dcce5l-f1307812854r.jpg)

![121 Peterson Parkway - Photo 25](http://lh.rdcpix.com/ade70750a79b4b07ac625c370c0dcce5l-f201479041r.jpg)

![121 Peterson Parkway - Photo 26](http://lh.rdcpix.com/ade70750a79b4b07ac625c370c0dcce5l-f758384798r.jpg)

![121 Peterson Parkway - Photo 27](http://lh.rdcpix.com/ade70750a79b4b07ac625c370c0dcce5l-f3132352834r.jpg)

![121 Peterson Parkway - Photo 28](http://lh.rdcpix.com/ade70750a79b4b07ac625c370c0dcce5l-f520443277r.jpg)

![121 Peterson Parkway - Photo 29](http://lh.rdcpix.com/ade70750a79b4b07ac625c370c0dcce5l-f1396894901r.jpg)

![121 Peterson Parkway - Photo 30](http://lh.rdcpix.com/ade70750a79b4b07ac625c370c0dcce5l-f650542688r.jpg)

![121 Peterson Parkway - Photo 31](http://lh.rdcpix.com/ade70750a79b4b07ac625c370c0dcce5l-f2197329647r.jpg)

![121 Peterson Parkway - Photo 32](http://lh.rdcpix.com/ade70750a79b4b07ac625c370c0dcce5l-f3233231502r.jpg)

![121 Peterson Parkway - Photo 33](http://lh.rdcpix.com/ade70750a79b4b07ac625c370c0dcce5l-f3032228583r.jpg)

---

**MLS#:** 746800 | **Updated:** 2026-10-27
**Source:** listhub

*Copyright © 2026 Des Moines Area Association of REALTORS®, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.*

[View on PropertySimple](https://staging.propertysimple.ai/listing/121-peterson-parkway-madrid-ia-50156-e7a6eecb53e24230833ef17ab4dc35b1)

---

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