2424 Independence Ln
Madison, WI 53704
2 bd 1 ba 980 sqft Built 1974 condos
Most recent sale
$126,500
Aug 12, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Aug 12, 2022 | Sold | $126,500 | MLS #1934889 |
| May 21, 2022 | Listed | $130,000 | MLS #1934889 |
| May 22, 2019 | Price changed | $109,900 | MLS #1853491 |
| Apr 4, 2019 | Listed | $117,900 | MLS #1853491 |
| Oct 31, 2018 | Price changed | $113,500 | MLS #1840934 |
| Sep 8, 2018 | Listed | $114,900 | MLS #1840934 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $133,800 | $13,700 | $147,500 | $2,386 |
| 2023 | $113,800 | $12,700 | $126,500 | $1,895 |
| 2022 | $118,400 | $11,700 | $130,100 | $2,215 |
| 2021 | $106,600 | $11,700 | $118,300 | $2,154 |
| 2020 | $97,800 | $10,700 | $108,500 | $2,165 |
| 2019 | $92,300 | $10,100 | $102,400 | $2,012 |
| 2018 | $88,400 | $10,100 | $98,500 | $1,952 |
| 2017 | $73,300 | $8,800 | $82,100 | $1,698 |
| 2016 | $71,200 | $8,500 | $79,700 | $1,681 |
| 2015 | $62,000 | $8,500 | $70,500 | $1,501 |
| 2014 | $59,900 | $8,500 | $68,400 | $1,657 |
| 2013 | $67,500 | $8,500 | $76,000 | $1,685 |
| 2012 | $88,600 | $7,700 | $96,300 | $2,148 |
| 2011 | $88,600 | $7,700 | $96,300 | $2,042 |
| 2010 | $88,600 | $7,700 | $96,300 | $1,969 |
| 2009 | $93,700 | $7,700 | $101,400 | $1,931 |
| 2008 | $93,700 | $7,700 | $101,400 | $1,847 |
| 2007 | $93,700 | $7,700 | $101,400 | $1,890 |
Property facts
Year built
1974
Property type
condos
Stories
—
Beds
2
Baths
1
Living area
980 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
$1,470
Gross rental yield
13.94%
Implied cap rate
9.06%
Trend-extrapolated value
—
Frequently asked questions
When did 2424 Independence Ln last sell?
2424 Independence Ln most recently sold on Aug 12, 2022 for $126,500.
What is the current tax assessment for 2424 Independence Ln?
The most recent total assessment for 2424 Independence Ln (year 2025) is $147,500 with $2,386 in property tax.
How does 2424 Independence Ln's assessment compare to its last sale price?
The current assessment is 16.6% above the last sale price of $126,500.
When was 2424 Independence Ln built?
2424 Independence Ln was built in 1974.
How does 2424 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 2424 Independence Ln?
2424 Independence Ln is a 2 bed, 1 bath, 980 sqft condos.
Is 2424 Independence Ln a flip candidate?
No — 2424 Independence Ln does not appear in our flips dataset.
Is 2424 Independence Ln a tax-appeal candidate?
Yes — 2424 Independence Ln appears in our tax-appeal candidates list, meaning its current assessment exceeds its recent sale price by 15% or more.
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