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508 Madison St

Lake Mills, WI 53551

3 bd 2 ba 1,202 sqft Built 1890 Lot 13,504 sqft single_family
Most recent sale
$210,000
Feb 2, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Sep 19, 2025 Sold $325,000 MetroMLS
Aug 19, 2025 Price changed $325,000 SCWMLS
Jul 29, 2025 Price changed $339,000 SCWMLS
Jul 17, 2025 Listed $349,000 SCWMLS
Aug 28, 2024 Sold $294,900 SCWMLS
Jul 23, 2024 Listed $294,900 SCWMLS
Feb 2, 2022 Sold $210,000 Public Record
Feb 1, 2022 Sold $210,000 MLS #1921865
Nov 5, 2021 Price changed $210,000 MLS #1921865
Oct 13, 2021 Listed $219,500 MLS #1767743
May 15, 2020 Sold $165,000 MLS #1666404
Jul 8, 2016 Sold $139,000 Public Record
Jul 5, 2016 Sold $139,000 MLS #1757106
Oct 2, 2015 Price changed $144,900 MLS #1441601
Sep 4, 2015 Listed $149,900 MLS #1441601
Feb 20, 1991 Sold $48,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $242,300 $44,700 $287,000 $4,129
2023 $130,200 $31,900 $162,100 $3,310
2022 $130,200 $31,900 $162,100 $3,200
2021 $120,900 $31,900 $152,800 $2,927
2020 $120,900 $31,900 $152,800 $2,881
2019 $120,900 $31,900 $152,800 $2,895
2018 $99,300 $31,500 $130,800 $2,786
2017 $99,300 $31,500 $130,800 $2,793
2016 $99,300 $31,500 $130,800 $2,816
2015 $99,300 $31,500 $130,800 $2,741
2014 $99,300 $31,500 $130,800 $2,749
2013 $99,300 $31,500 $130,800 $2,816
2012 $99,300 $31,500 $130,800 $2,804
2011 $99,300 $31,500 $130,800 $2,730
2010 $98,000 $29,400 $127,400 $2,894
2009 $98,000 $29,400 $127,400 $2,833
2008 $98,000 $29,400 $127,400 $2,847
2007 $98,000 $29,400 $127,400 $2,566

Property facts

Year built
1890
Property type
single_family
Stories
2
Beds
3
Baths
2
Living area
1,202 sqft
Lot size
13,504 sqft
ZIP code
53551
City
Lake Mills
Street
Madison St
Coordinates
43.08417, -88.91448

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,803
Gross rental yield
10.30%
Implied cap rate
6.70%
Trend-extrapolated value

Frequently asked questions

When did 508 Madison St last sell?
508 Madison St most recently sold on Feb 2, 2022 for $210,000.
What is the current tax assessment for 508 Madison St?
The most recent total assessment for 508 Madison St (year 2025) is $287,000 with $4,129 in property tax.
How does 508 Madison St's assessment compare to its last sale price?
The current assessment is 36.7% above the last sale price of $210,000.
When was 508 Madison St built?
508 Madison St was built in 1890.
How does 508 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 508 Madison St?
508 Madison St is a 3 bed, 2 bath, 1,202 sqft, 13,504 sqft lot single_family.
Is 508 Madison St a flip candidate?
Yes — 508 Madison St appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 508 Madison St a tax-appeal candidate?
No — 508 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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