255 S Madison Street

Thompson, IA
$ 78,000 Beds 2 Baths 2 Sq 1,037
Monthly Estimate* How much can I afford?

Charming and tastefully updated, this 1.5-story home offers comfortable living with plenty of character! The exterior features low-maintenance vinyl siding, a spacious deck perfect for relaxing or entertaining, and a double detached garage built in 2013. Inside, the main level offers a large kitchen with white cabinetry, ample counter space, and a convenient sit-up peninsula. The living room provides plenty of room to gather, while a full bathroom and main-floor laundry are conveniently located just off the front entrance. Upstairs, you’ll find two bedrooms along with a second full bathroom. With thoughtful updates throughout, and the bonus of a newer double garage, this home is move-in ready and waiting for its next owner! *This home will be sold AS-IS*

Active

  • Price
  • $ 78,000
  • City
  • Thompson
  • Bedrooms
  • 2
  • Full Bathrooms
  • 2
  • County
  • WINNEBAGO
  • Half Bathrooms
  • 0
  • Area
  • Winnebago
  • Lot Size
  • 0.23 Acres
  • Zip
  • 50478
  • Sqr Footage
  • 1,037
  • Year Built
  • 1920
  • Taxes
  • $ 794
  • Style
  • MLS#
  • 6342910
Listed By: Realty ONE Group Black Diamond
Data Source: Iowa Association of REALTORS®

Features

General

Sewer City Sewer/Connected
Heating Forced Air
Cooling Central Air
Garage Spaces 2
Construction Materials Vinyl Siding
Year Built 1920
Levels One and One Half
Property Subtype Single Family Residence
Tax Year 2025
Accessibility None
County Winnebago
Property Type Residential
Contingency None
Subdivision Name THOMPSON ORIGINAL TOWN
Full Baths 2
Status Active
Directions Middle of town
Lot Size Units Acres
Lot Size Square Feet 10019
Tax Annual Amount 794
Living Area Units Square Feet
Standard Status Active
PostalCity Thompson
Legal Description 26 99 25 LOTS 21-22-23 S1/2 OF LOT 24 BLK 6

Interior Features

Basement Crawl Space
Above Grade Finished Area 1037
Total Bedrooms 2
Total Baths 2

Exterior Features

Parking Features Detached Garage
Water Source Public
Lot Dimensions 77X130
Lot Size Acres 0.23

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$3,786

Per Month

Based on the average sale price from the Algona, IA office

  • Monthly Principal & interest $2,658
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
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Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.

Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

Schools

Elementary School Unknown Elementary School
Middle School Unknown Middle School
High School Unknown High School

Price History

9/21/2026 Listed $78,000

Property vs Zip Code Average in 50478

Price
AVG $140K
$80K
Taxes
AVG $1,414
$794
Year Built
AVG 1924
1920

255 S Madison Street Thompson, IA is a Single Family Home for sale at $78000 with 1037 sqft and a lot size of 0.23 Acres Acre(s). 255 S Madison Street Thompson has 2 bedrooms, 2 baths and was built in 1920. The property's zip code is 50478 which is in Thompson, IA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.