$240,000

1942 Northwestern Ave Madison, WI 53704

Sherman Neighborhood

Estimated payment $1,536/month

2 Beds
1 Bath
698 Sq Ft
$344 Price per Sq Ft

Highlights

  • Deck
  • Wood Flooring
  • Bathtub
  • Ranch Style House
  • Fenced Yard
  • Forced Air Cooling System

About This Home

Showings start 11/22! A rare chance to own one of the most affordable homes on the Madison market! The welcoming front-yard garden adds charm, while the cozy 2-bedroom layout offers excellent potential for both tiny living enthusiasts and investors. With value-add possibilities, easy access to parks, mass transportation, shopping, and an increasingly uncommon price point, this home truly stands out in today’s market. Updates include: new heat pump (2025), new roof (2024), new window (2024 - others were installed in 2012), retaining wall (2023), dishwasher (2023) and water softener (non-salt -2023).

Listing Agent

Katie Kolakowski

City RE License #60334-90 Listed on: 11/21/2025

City RE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,223

Year Built

  • Built in 1950

Lot Details

  • 4,792 Sq Ft Lot
  • Fenced Yard

Parking

  • Paved Parking

Home Design

  • Ranch Style House
  • Poured Concrete
  • Vinyl Siding

Interior Spaces

  • 698 Sq Ft Home
  • Wood Flooring

Kitchen

  • Oven or Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Bathroom on Main Level
  • 1 Full Bathroom
  • Bathtub

Laundry

  • Dryer
  • Washer

Schools

  • Emerson Elementary School
  • Sherman Middle School
  • East High School

Utilities

  • Forced Air Cooling System
  • Window Unit Cooling System
  • High Speed Internet

Additional Features

  • Low Pile Carpeting
  • Deck
  • Property is near a bus stop

Community Details

  • Clyde A Gallagher Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,223

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Municipality: Madison
  • Status Detail: Active
  • Mailing City: Madison
  • Class: Single Family
  • Type: Single Family
  • Type Of Property: 1 story
  • Architecture: Ranch
  • Items Included: Dishwasher, oven/stove, refrigerator, water softener, wall AC/Heater, shed in the backyard
  • Year Built: 1950
  • Reso Accessibility Features: First floor bedroom, First floor full bath, Low pile or no carpeting
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Above Grade Finished Sq Ft: 698
  • Finished Sq Ft: 698
  • Bedrooms: 2
  • Main Level Full Bathrooms: 1
  • Total Full Bathrooms: 1
  • Master Bedroom: Dimensions: 12x12, On Level: M
  • Bedroom 2: Dimensions: 8x12, On Level: M
  • Kitchen: Dimensions: 8x11, On Level: M
  • Kitchen Features: Range/Oven, Refrigerator, Dishwasher, Disposal
  • Living Room: Dimensions: 16x12, On Level: M
  • Laundry: Dimensions: 7x10, On Level: M
  • Basement: Poured concrete foundatn
  • Interior Amenities: Wood or sim. wood floor, Washer, Dryer, At Least 1 tub, Internet - Cable
  • Primary Bedroom Bathrooms: None

Exterior Features

  • Exterior: Vinyl
  • Exterior Features: Deck, Fenced Yard

Garage/Parking

  • Driveway: Paved

Utilities

  • Fuel: Natural gas
  • Heating Cooling: Forced air, Window AC
  • Water Waste: Municipal water, Municipal sewer

Schools

  • Elementary School: Emerson
  • High School: East
  • Middle School: Sherman
  • School District: Madison

Lot Info

  • Estimated Aces: 0.11
  • Lot Description: Close to busline, Sidewalk
  • Zoning: Res
  • Geo Subdivision: WI

Tax Info

  • Net Taxes: 3223
  • Tax Year: 2024

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $6,447 $202,000 $60,200 $141,800
2023 $2,940 $183,600 $54,700 $128,900
2021 $2,623 $140,100 $41,700 $98,400
2020 $2,725 $133,400 $39,700 $93,700
2019 $2,624 $129,500 $38,500 $91,000
2018 $2,459 $121,000 $38,500 $82,500
2017 $2,783 $128,600 $38,500 $90,100
2016 $2,599 $118,000 $38,500 $79,500
2015 $2,574 $111,500 $37,400 $74,100
2014 $2,492 $111,500 $37,400 $74,100
2013 $2,706 $109,300 $36,700 $72,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/21/2025 11/21/25 For Sale $240,000 +98.3% $344 / Sq Ft
12/18/2017 12/18/17 Sold $121,000 -3.1% $173 / Sq Ft View Prior Sale
10/12/2017 10/12/17 For Sale $124,900 +3.2% $179 / Sq Ft
10/06/2017 10/06/17 Off Market $121,000 -- --
Source: South Central Wisconsin Multiple Listing Service

Purchase History

Date Type Sale Price Title Company
Quit Claim Deed $68,000 Knight Barry Title
Deed -- --
Interfamily Deed Transfer -- None Available
Warranty Deed $125,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $101,400 New Conventional
Previous Owner $102,850 New Conventional
Previous Owner $120,300 New Conventional
Previous Owner $25,100 Stand Alone Second
Source: Public Records

Source: South Central Wisconsin Multiple Listing Service

MLS Number: 2012865

South Central Wisconsin Multiple Listing Service

APN: 0810-312-1311-9

Wisconsin Dane County Madison 53704 Sherman

1942 Northwestern Ave, Madison, WI

For Sale

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South Central Wisconsin Multiple Listing Service IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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Katie Kolakowski
Listing Agent
Katie Kolakowski
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City RE
(608) 305-8186