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227 Madison St

Lake Mills, WI 53551

2 bd 1 ba 1,094 sqft Built 1864 Lot 7,405 sqft single_family
Most recent sale
$201,000
Nov 10, 2021

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
May 20, 2024 Sold $243,000 SCWMLS
Apr 17, 2024 Listed $246,000 SCWMLS
Nov 10, 2021 Sold $201,000 MLS #1918964
Sep 17, 2019 Sold $149,900 Public Record
Aug 15, 2007 Sold $132,500 Public Record
Aug 14, 2007 Sold $132,500 MetroMLS
Sep 1, 2005 Sold $129,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $199,000 $38,400 $237,400 $3,370
2023 $113,000 $27,400 $140,400 $2,822
2022 $113,000 $27,400 $140,400 $2,735
2021 $113,000 $27,400 $140,400 $2,666
2020 $113,000 $27,400 $140,400 $2,630
2019 $113,000 $27,400 $140,400 $2,640
2018 $90,600 $27,100 $117,700 $2,485
2017 $90,600 $27,100 $117,700 $2,495
2016 $90,600 $27,100 $117,700 $2,514
2015 $90,600 $27,100 $117,700 $2,559
2014 $90,600 $27,100 $117,700 $2,570
2013 $90,600 $27,100 $117,700 $2,515
2012 $90,600 $27,100 $117,700 $2,506
2011 $90,600 $27,100 $117,700 $2,515
2010 $83,400 $25,300 $108,700 $2,531
2009 $83,400 $25,300 $108,700 $2,469
2008 $83,400 $25,300 $108,700 $2,493
2007 $83,400 $25,300 $108,700 $2,248

Property facts

Year built
1864
Property type
single_family
Stories
2
Beds
2
Baths
1
Living area
1,094 sqft
Lot size
7,405 sqft
ZIP code
53551
City
Lake Mills
Street
Madison St
Coordinates
43.08198, -88.91293

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,641
Gross rental yield
9.80%
Implied cap rate
6.37%
Trend-extrapolated value

Frequently asked questions

When did 227 Madison St last sell?
227 Madison St most recently sold on Nov 10, 2021 for $201,000.
What is the current tax assessment for 227 Madison St?
The most recent total assessment for 227 Madison St (year 2025) is $237,400 with $3,370 in property tax.
How does 227 Madison St's assessment compare to its last sale price?
The current assessment is 18.1% above the last sale price of $201,000.
When was 227 Madison St built?
227 Madison St was built in 1864.
How does 227 Madison St compare to others on Madison St?
We track 8 other properties on Madison St. Browse the list under "Other properties on Madison St" to compare beds, baths, and sale history.
What are the property facts for 227 Madison St?
227 Madison St is a 2 bed, 1 bath, 1,094 sqft, 7,405 sqft lot single_family.
Is 227 Madison St a flip candidate?
No — 227 Madison St does not appear in our flips dataset.
Is 227 Madison St a tax-appeal candidate?
No — 227 Madison St is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
-3.1%
Implied 1-yr
-12.4%
2026 Q1
$348.7K
2026 Q2
$348.7K
ZIP 53551 — Median Price History + Forecast

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