NOT LISTED FOR SALE

2502 Independence Ln Madison, WI 53704

Greater Sandburg Neighborhood

Estimated Value: $175,000 - $210,000

2 Beds
1 Bath
987 Sq Ft
14.08 Acre Lot

Sale Details

Date Sold: July 11, 2025

Last sale price $195,000 $198 Per Sq Ft

Current estimated payment $1,554 / mo

20 Days on Market

Highlights

  • Fitness Center
  • Sauna
  • Community Pool
  • Clubhouse
  • End Unit
  • Breakfast Bar

About This Home

As of July 2025

Do NOT miss the opportunity to view this very unique condo. This condo is the former office for the complex many years ago, therefore it is in a duplex where all of the other condos are in larger, multi story buildings. So you will enjoy extra privacy with no one living above you or below you and you walk direct out to the yard from your patio and you share the entrance hall with just one neighbor. The unit has a newer refrigerator and washer and dryer and plenty of space with 2 bedrooms, a large living room and a nice dining area. You will love the east side location close to Madison's Busline, the Interstate, East Towne Mall and tons of dining options

Last Agent to Sell the Property

Devery Cash

Keller Williams Realty Brokerage Phone: 608-445-4141 License #53924-94 Listed on: 04/29/2025

Keller Williams Realty

Last Buyer's Agent

Pamela Braun

Keller Williams Realty License #97727-94

Keller Williams Realty

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,257

Year Built

  • Built in 1974

Lot Details

  • 14.08

HOA Fees

  • $259 Monthly HOA Fees

Parking

  • Outside Parking

Home Design

  • 987 Sq Ft Home
  • Garden Home
  • Entry on the 1st floor
  • Brick Exterior Construction
  • Vinyl Siding

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Schools

  • Sandburg Elementary School
  • Sherman Middle School
  • East High School

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Radiant Heating System
  • Cable TV Available

Additional Features

  • Accessible Approach with Ramp
  • Patio
  • End Unit
  • Property is near bus stop

Listing and Financial Details

  • Assessor Parcel Number 0810-281-2222-4

Community Details

Overview

  • Association fees include heat, hot water, water/sewer, trash removal, snow removal, common area maintenance, common area insurance, reserve fund, lawn maintenance
  • 2 Units
  • Located in the Stonebridge master-planned community
  • Property Manager
  • Greenbelt

Amenities

  • Sauna
  • Clubhouse

Recreation

  • Fitness Center
  • Community Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,257

Year Built

Built in 1974

Lot Details

14.08 Acres

HOA Fees

$259 per month

Listing Details

  • Municipality: Madison
  • Status Detail: Sold
  • Mailing City: Madison
  • Class: Condo
  • Type: Condominium
  • Type Of Property: Garden, Conversion, Shared Wall/Half duplex, End Unit
  • Items Excluded: Storage Bins in Back Yard
  • Items Included: Range/Oven, Refrigerator, Dishwasher, Microwave, Washer/Dryer
  • Fee Includes: Heat, Hot Water, Water/Sewer, Trash removal, Snow removal, Common area maintenance, Common area insurance, Reserve fund, Lawn maintenance
  • Project Name: Stonebridge
  • Year Built: 1974
  • Above Grade Sold Price Per Sq Ft: 197.57
  • Reso Accessibility Features: Ramped or level entrance
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Finished Sq Ft: 987
  • Finished Above Grade Sq Ft: 987
  • Bedrooms: 2
  • Main Level Full Bathrooms: 1
  • Total Full Bathrooms: 1
  • Master Bedroom: Dimensions: 15x11, On Level: M
  • Bedroom 2: Dimensions: 15x10, On Level: M
  • Kitchen: Dimensions: 8x7, On Level: M
  • Kitchen Features: Breakfast bar, Range/Oven, Refrigerator, Dishwasher, Microwave, Disposal
  • Living Room: Dimensions: 15x12, On Level: M
  • Dining Room: Dimensions: 10x8, On Level: M
  • Basement: None
  • Interior Amenities: Cable/Satellite Available
  • Floor Number: 1
  • Primary Bedroom Bathrooms: None

Exterior Features

  • Exterior: Vinyl, Brick
  • Exterior Features: Patio

Utilities

  • Fuel: Natural gas
  • Heating Cooling: Radiant, Wall AC
  • Water Waste: Municipal water, Municipal sewer
  • Parking Unit: Outside only

Condo/Co-op/Association

  • Common Amenities: Clubhouse, Common Green Space, Exercise room, Sauna, Close to busline, Outdoor Pool
  • Condo Fee Month: 259
  • Condo Management: Professional offsite
  • Units in Association: 301
  • Units In Building: 2

Schools

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

Lot Info

  • Zoning: SR-V2
  • Geo Subdivision: WI

Tax Info

  • Net Taxes: 2257
  • Tax Year: 2024
  • Assessor Parcel Number: 0810-281-2222-4

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 29, 2025
Closed on
Jul 7, 2025
Sold by
Bought by
Seller's Agent
Devery Cash
Keller Williams Realty
Buyer's Agent
Pamela Braun
Keller Williams Realty
List Price
$172,900
Sold Price
$195,000
Premium/Discount to List
$22,100
12.78%
Views
91
Current Estimated Value
$194,691

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$309
Avg. Annual Appreciation
-0.14%
Original Mortgage
$35,000
Outstanding Balance
$34,665
Interest Rate
6.84%
Mortgage Type
New Conventional
Estimated Equity
$160,026

Purchase Details

Closed on
Mar 5, 2021
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$96,800
Interest Rate
2.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 29, 2018
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,900
Interest Rate
4.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 2, 2016
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Greater Sandburg, WI

  • Greskelly Diaz Penaranda Real Estate Agent - EXP Realty, LLC

    Greskelly Diaz Penaranda

    EXP Realty, LLC

    (608) 640-3207

    143 Total Sales

    2 in Greater Sandburg

    $135K - $300K Price Range

    Greskelly Diaz Penaranda
     Section Image
  • Sona Olson Real Estate Agent - Real Broker LLC

    Sona Olson

    Responds Quickly

    Real Broker LLC

    (608) 292-3957

    63 Total Sales

    1 in Greater Sandburg

    $176,000 Price

    Sona Olson
     Section Image
  • Santiago Azcarate Henao Real Estate Agent - Weichert, Realtors- Lakepoint

    Santiago Azcarate Henao

    Weichert, Realtors- Lakepoint

    (608) 292-3029

    17 Total Sales

    1 in Greater Sandburg

    $385,000 Price

    Santiago Azcarate Henao
     Section Image
  • Jonathan Gaspero Real Estate Agent - Compass Real Estate Wisconsin

    Jonathan Gaspero

    Compass Real Estate Wisconsin

    (608) 640-3845

    147 Total Sales

    3 in Greater Sandburg

    $125K - $135K Price Range

    Jonathan Gaspero
     Section Image
  • Bart Baker Real Estate Agent - First Weber, Inc

    Bart Baker

    First Weber, Inc

    (608) 292-3953

    139 Total Sales

    1 in Greater Sandburg

    $365,000 Price

    Bart Baker
     Section Image
  • Mitchell Covert Real Estate Agent - EXIT Professional Real Estate

    Mitchell Covert

    EXIT Professional Real Estate

    (608) 336-5003

    95 Total Sales

    1 in Greater Sandburg

    $225,000 Price

    Mitchell Covert
     Section Image
See All Agents

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$195,000 None Listed On Document
$121,000 None Available
$85,900 None Available
$63,500 None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $35,000
Open $150,000
Previous Owner $96,800
Previous Owner $80,900
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
07/11/2025 07/11/25 Sold $195,000 +12.8% $198 / Sq Ft
05/12/2025 05/12/25 For Sale $172,900 -11.3% $175 / Sq Ft
04/30/2025 04/30/25 Off Market $195,000 -- --
04/29/2025 04/29/25 For Sale $172,900 -- $175 / Sq Ft
Source: South Central Wisconsin Multiple Listing Service

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $2,702 $149,700 $13,700 $136,000
2024 $4,740 $138,600 $13,700 $124,900
2023 $2,257 $128,300 $12,700 $115,600
2022 $4,626 $121,000 $11,700 $109,300
2021 $2,049 $99,300 $11,700 $87,600
2020 $1,968 $91,100 $10,700 $80,400
2019 $1,859 $85,900 $10,100 $75,800
2018 $2,204 $101,300 $10,100 $91,200
2017 $1,890 $84,400 $8,800 $75,600
2016 $1,883 $81,900 $8,500 $73,400
2015 $1,677 $0 $0 $0
2014 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Devery Cash Real Estate Agent - Keller Williams Realty

    Seller's Agent in 2025

    Devery Cash

    Keller Williams Realty

    (608) 445-4141

    1 in this area

    81 Total Sales

    Devery Cash
    Section Image

  • P

    Buyer's Agent in 2025

    Pamela Braun

    Keller Williams Realty

    (608) 469-6421

    3 in this area

    58 Total Sales

    Pamela Braun
    Section Image
See All Agents

Map

Source: South Central Wisconsin Multiple Listing Service

MLS Number: 1998701

South Central Wisconsin Multiple Listing Service

APN: 0810-281-2222-4

Wisconsin Dane County Madison 53704 Greater Sandburg

2502 Independence Ln, Madison, WI

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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.

Nearby Homes
Your Personal Tour Guide

Ask me questions while you tour the home.