116 Prospect St
Lake Mills, WI 53551
2 bd 1 ba 1,072 sqft Built 1957 Lot 13,068 sqft single_family
Most recent sale
$220,000
May 26, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| May 26, 2022 | Sold | $220,000 | MLS #1789711 |
| Apr 29, 2022 | Listed | $249,900 | MLS #1789711 |
| Oct 4, 2016 | Sold | $118,000 | MLS #1763253 |
| Jul 18, 2016 | Price changed | $129,900 | MLS #1453667 |
| Jun 13, 2016 | Price changed | $134,900 | MLS #1453667 |
| May 11, 2016 | Price changed | $138,900 | MLS #1453667 |
| Mar 28, 2016 | Price changed | $139,900 | MLS #1763253 |
| Jan 21, 2016 | Price changed | $146,900 | MLS #1453667 |
| Dec 12, 2015 | Listed | $149,900 | MLS #1453667 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $146,600 | $61,900 | $208,500 | $2,927 |
| 2023 | $90,000 | $44,200 | $134,200 | $2,682 |
| 2022 | $90,000 | $44,200 | $134,200 | $2,602 |
| 2021 | $90,000 | $44,200 | $134,200 | $2,536 |
| 2020 | $90,000 | $44,200 | $134,200 | $2,505 |
| 2019 | $90,000 | $44,200 | $134,200 | $2,512 |
| 2018 | $78,100 | $43,800 | $121,900 | $2,581 |
| 2017 | $78,100 | $43,800 | $121,900 | $2,591 |
| 2016 | $102,200 | $43,800 | $146,000 | $3,165 |
| 2015 | $102,200 | $43,800 | $146,000 | $3,080 |
| 2014 | $102,200 | $43,800 | $146,000 | $3,090 |
| 2013 | $102,200 | $43,800 | $146,000 | $3,165 |
| 2012 | $102,200 | $43,800 | $146,000 | $3,150 |
| 2011 | $102,200 | $43,800 | $146,000 | $3,065 |
| 2010 | $94,300 | $38,800 | $133,100 | $3,030 |
| 2009 | $94,300 | $38,800 | $133,100 | $2,966 |
| 2008 | $94,300 | $38,800 | $133,100 | $2,980 |
| 2007 | $94,300 | $38,800 | $133,100 | $2,684 |
Property facts
Year built
1957
Property type
single_family
Stories
1
Beds
2
Baths
1
Living area
1,072 sqft
Lot size
13,068 sqft
ZIP code
53551
City
Lake Mills
Street
Prospect St
Coordinates
43.08609, -88.91071
Comparable properties nearby
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsInvestment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$1,608
Gross rental yield
8.77%
Implied cap rate
5.70%
Trend-extrapolated value
—
Frequently asked questions
When did 116 Prospect St last sell?
116 Prospect St most recently sold on May 26, 2022 for $220,000.
What is the current tax assessment for 116 Prospect St?
The most recent total assessment for 116 Prospect St (year 2025) is $208,500 with $2,927 in property tax.
How does 116 Prospect St's assessment compare to its last sale price?
The current assessment is 5.2% below the last sale price of $220,000.
When was 116 Prospect St built?
116 Prospect St was built in 1957.
How does 116 Prospect St compare to others on Prospect St?
We track 8 other properties on Prospect St. Browse the list under "Other properties on Prospect St" to compare beds, baths, and sale history.
What are the property facts for 116 Prospect St?
116 Prospect St is a 2 bed, 1 bath, 1,072 sqft, 13,068 sqft lot single_family.
Is 116 Prospect St a flip candidate?
No — 116 Prospect St does not appear in our flips dataset.
Is 116 Prospect St a tax-appeal candidate?
No — 116 Prospect St is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
-3.1%
Implied 1-yr
-12.4%
2026 Q1
$348.7K
2026 Q2
$348.7K
ZIP 53551 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Prospect St