2408 Independence Ln
Madison, WI 53704
2 bd 2 ba 1,064 sqft Built 1974 condos
Most recent sale
$130,000
Jul 22, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Jul 22, 2022 | Sold | $130,000 | MLS #1936235 |
| Jun 9, 2022 | Listed | $135,000 | MLS #1936235 |
| Nov 15, 2007 | Sold | $98,900 | Public Record |
| Aug 2, 2005 | Sold | $94,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $134,700 | $14,600 | $149,300 | $2,420 |
| 2023 | $116,500 | $13,500 | $130,000 | $1,959 |
| 2022 | $124,300 | $12,400 | $136,700 | $2,345 |
| 2021 | $111,900 | $12,400 | $124,300 | $2,283 |
| 2020 | $102,600 | $11,400 | $114,000 | $2,289 |
| 2019 | $96,700 | $10,800 | $107,500 | $2,127 |
| 2018 | $92,600 | $10,800 | $103,400 | $2,063 |
| 2017 | $76,800 | $9,400 | $86,200 | $1,794 |
| 2016 | $74,600 | $9,100 | $83,700 | $1,776 |
| 2015 | $65,000 | $9,100 | $74,100 | $1,589 |
| 2014 | $62,800 | $9,100 | $71,900 | $1,742 |
| 2013 | $70,800 | $9,100 | $79,900 | $1,782 |
| 2012 | $86,300 | $7,700 | $94,000 | $2,093 |
| 2011 | $86,300 | $7,700 | $94,000 | $1,989 |
| 2010 | $86,300 | $7,700 | $94,000 | $1,919 |
| 2009 | $91,200 | $7,700 | $98,900 | $1,880 |
| 2008 | $91,200 | $7,700 | $98,900 | $1,799 |
| 2007 | $86,300 | $7,700 | $94,000 | $1,745 |
Property facts
Year built
1974
Property type
condos
Stories
—
Beds
2
Baths
2
Living area
1,064 sqft
Lot size
—
ZIP code
53704
City
Madison
Street
Independence Ln
Coordinates
43.13230, -89.30955
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
$780
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 2408 Independence Ln last sell?
2408 Independence Ln most recently sold on Jul 22, 2022 for $130,000.
What is the current tax assessment for 2408 Independence Ln?
The most recent total assessment for 2408 Independence Ln (year 2025) is $149,300 with $2,420 in property tax.
How does 2408 Independence Ln's assessment compare to its last sale price?
The current assessment is 14.8% above the last sale price of $130,000.
When was 2408 Independence Ln built?
2408 Independence Ln was built in 1974.
How does 2408 Independence Ln compare to others on Independence Ln?
We track 8 other properties on Independence Ln. Browse the list under "Other properties on Independence Ln" to compare beds, baths, and sale history.
What are the property facts for 2408 Independence Ln?
2408 Independence Ln is a 2 bed, 2 bath, 1,064 sqft condos.
Is 2408 Independence Ln a flip candidate?
No — 2408 Independence Ln does not appear in our flips dataset.
Is 2408 Independence Ln a tax-appeal candidate?
No — 2408 Independence Ln is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
-2.9%
Implied 1-yr
-11.6%
2026 Q3
$292.7K
2026 Q4
$282.2K
ZIP 53704 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Independence Ln