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550 Milky Way

Madison, WI 53718

3 bd 3 ba 2,485 sqft Built 2011 Lot 5,663 sqft single_family
Most recent sale
$275,000
Mar 27, 2018

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Mar 17, 2023 Sold $431,000 SCWMLS
Dec 17, 2022 Price changed $429,625 SCWMLS
Oct 20, 2022 Price changed $439,750 MLS #1944622
Oct 5, 2022 Listed $450,000 MLS #1944622
Mar 27, 2018 Sold $275,000 MLS #1822018
Feb 8, 2018 Listed $259,900 MLS #1822018
Jun 10, 2016 Sold $250,000 MLS #1774355
May 3, 2016 Listed $245,000 MLS #1774355
Jun 9, 2011 Sold $215,000 Public Record
May 12, 2011 Listing removed $219,900 SCWMLS
Mar 4, 2011 Listed $219,900 MLS #1617655

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $366,900 $77,000 $443,900 $8,190
2023 $330,600 $71,300 $401,900 $7,257
2022 $293,000 $65,800 $358,800 $7,025
2021 $236,300 $58,200 $294,500 $6,245
2020 $225,100 $55,400 $280,500 $6,223
2019 $220,700 $54,300 $275,000 $6,124
2018 $205,700 $54,300 $260,000 $5,778
2017 $195,700 $54,300 $250,000 $5,753
2016 $169,400 $54,300 $223,700 $5,283
2015 $165,000 $54,300 $219,300 $5,276
2014 $159,000 $56,000 $215,000 $5,209
2013 $159,000 $56,000 $215,000 $5,273
2012 $159,000 $56,000 $215,000 $5,127
2011 $5,600 $5,600 $129
2010 $5,600 $5,600 $125
2009 $5,600 $5,600 $115
2008 $5,600 $5,600 $109
2007 $5,600 $5,600 $110

Property facts

Year built
2011
Property type
single_family
Stories
1
Beds
3
Baths
3
Living area
2,485 sqft
Lot size
5,663 sqft
ZIP code
53718
City
Madison
Street
Milky Way
Coordinates
43.09076, -89.27948

Comparable properties nearby

Block-level micro-comps

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

Frequently asked questions

When did 550 Milky Way last sell?
550 Milky Way most recently sold on Mar 27, 2018 for $275,000.
What is the current tax assessment for 550 Milky Way?
The most recent total assessment for 550 Milky Way (year 2025) is $443,900 with $8,190 in property tax.
How does 550 Milky Way's assessment compare to its last sale price?
The current assessment is 61.4% above the last sale price of $275,000.
When was 550 Milky Way built?
550 Milky Way was built in 2011.
How does 550 Milky Way compare to others on Milky Way?
We track 8 other properties on Milky Way. Browse the list under "Other properties on Milky Way" to compare beds, baths, and sale history.
What are the property facts for 550 Milky Way?
550 Milky Way is a 3 bed, 3 bath, 2,485 sqft, 5,663 sqft lot single_family.
Is 550 Milky Way a flip candidate?
No — 550 Milky Way does not appear in our flips dataset.
Is 550 Milky Way a tax-appeal candidate?
No — 550 Milky Way 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
+4.5%
Implied 1-yr
+17.9%
2026 Q3
$461.7K
2026 Q4
$477.8K
ZIP 53718 — Median Price History + Forecast

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