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509 Redan Dr

Madison, WI 53593

3 bd 3 ba 1,569 sqft Built 2022 Lot 7,405 sqft single_family
Most recent sale
$434,900
Feb 24, 2023

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Feb 24, 2023 Sold $434,900 SCWMLS
Oct 3, 2022 Listed $434,900 SCWMLS
Oct 13, 2021 Sold $1,265,708 Public Record
Oct 15, 2020 Sold $4,950,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $364,600 $96,400 $461,000 $8,296
2023 $343,100 $91,800 $434,900 $7,861
2022 $100 $100 $1
2021 $100 $100 $2
2020 $100 $100 $2

Property facts

Year built
2022
Property type
single_family
Stories
2
Beds
3
Baths
3
Living area
1,569 sqft
Lot size
7,405 sqft
ZIP code
53593
City
Madison
Street
Redan Dr
Coordinates
43.05288, -89.54636

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$2,354
Gross rental yield
6.50%
Implied cap rate
4.22%
Trend-extrapolated value

Frequently asked questions

When did 509 Redan Dr last sell?
509 Redan Dr most recently sold on Feb 24, 2023 for $434,900.
What is the current tax assessment for 509 Redan Dr?
The most recent total assessment for 509 Redan Dr (year 2025) is $461,000 with $8,296 in property tax.
How does 509 Redan Dr's assessment compare to its last sale price?
The current assessment is 6.0% above the last sale price of $434,900.
When was 509 Redan Dr built?
509 Redan Dr was built in 2022.
How does 509 Redan Dr compare to others on Redan Dr?
We track 1 other property on Redan Dr. Browse the list under "Other properties on Redan Dr" to compare beds, baths, and sale history.
What are the property facts for 509 Redan Dr?
509 Redan Dr is a 3 bed, 3 bath, 1,569 sqft, 7,405 sqft lot single_family.
Is 509 Redan Dr a flip candidate?
No — 509 Redan Dr does not appear in our flips dataset.
Is 509 Redan Dr a tax-appeal candidate?
No — 509 Redan Dr 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
+1.5%
Implied 1-yr
+5.9%
2026 Q3
$570.7K
2026 Q4
$578.3K
ZIP 53593 — Median Price History + Forecast

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