Seller's Agent in 2025
Lori Schilling
Sprinkman Real Estate
(608) 279-4313
8 in this area
309 Total Sales
402 Rustic Dr Madison, WI 53718
East Madison NeighborhoodEstimated Value: $1,270,023
10
Beds
8.5
Baths
9,721
Sq Ft
$131/Sq Ft
Est. Value
Highlights
- Second Kitchen
- Open Floorplan
- Recreation Room
- 1.17 Acre Lot
- Deck
- Vaulted Ceiling
About This Home
As of May 2025This opportunity does not come around often-This property has so much potential! With 10 bedrooms, it can accommodate a large family, be used for a residence and income from STR, or so much more. As a former adult family home, it has multiple suites for so many uses. A huge park-like yard with mature trees lining the property, an oversized screened porch to relax in, a basketball court, and 2 full kitchens, circle driveway, garden shed- the choices are endless!
Last Agent to Sell the Property
Sprinkman Real Estate License #81122-94 Listed on: 12/02/2024
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $18,411
Year Built
- Built in 2001
Lot Details
- 1.17 Acre Lot
- Level Lot
- Property is zoned R1
Home Design
- Ranch Style House
- Poured Concrete
- Vinyl Siding
- Stone Exterior Construction
Interior Spaces
- Open Floorplan
- Wet Bar
- Vaulted Ceiling
- Gas Fireplace
- Great Room
- Recreation Room
- Home Gym
- Home Security System
Kitchen
- Second Kitchen
- Breakfast Bar
- Oven or Range
- Microwave
- Dishwasher
- Kitchen Island
- Disposal
Flooring
- Wood
- Radiant Floor
Bedrooms and Bathrooms
- 10 Bedrooms
- Split Bedroom Floorplan
- Walk-In Closet
- Primary Bathroom is a Full Bathroom
- Bathroom on Main Level
- Hydromassage or Jetted Bathtub
- Jetted Tub and Shower Combination in Primary Bathroom
Laundry
- Dryer
- Washer
Finished Basement
- Basement Fills Entire Space Under The House
- Garage Access
- Basement Ceilings are 8 Feet High
- Sump Pump
- Basement Windows
Parking
- Attached Garage
- Basement Garage
- Driveway Level
Accessible Home Design
- Roll-in Shower
- Grab Bar In Bathroom
- Accessible Approach with Ramp
- Low Pile Carpeting
Outdoor Features
- Deck
- Patio
- Outdoor Storage
- Storage Shed
Additional Homes
- Dwelling with Separate Living Area
Schools
- Kennedy Elementary School
- Whitehorse Middle School
- Lafollette High School
Utilities
- Forced Air Zoned Heating and Cooling System
- Water Softener
- Cable TV Available
Community Details
- Built by Kirch
- Rustic Acres Subdivision
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
Dec 2, 2024
Closed on
May 9, 2025
Sold by
Bought by
Seller's Agent
Lori Schilling
Sprinkman Real Estate
Buyer's Agent
Musa Jallow
Restaino & Associates
List Price
$1,495,000
Sold Price
$1,300,000
Premium/Discount to List
-$195,000
-13.04%
Views
303
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$29,977
Avg. Annual Appreciation
-2.06%
Original Mortgage
$1,300,000
Outstanding Balance
$1,287,091
Interest Rate
6.65%
Mortgage Type
New Conventional
Estimated Equity
-$17,068
Purchase Details
Closed on
Jul 13, 2022
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
$1,061,250
Interest Rate
5.09%
Mortgage Type
New Conventional
Purchase Details
Closed on
Aug 16, 2018
Sold by
Bought by
Purchase Details
Listed on
Jul 9, 2012
Closed on
Aug 2, 2012
Sold by
Bought by
Seller's Agent
Michael Schuster
RE/MAX Preferred
Buyer's Agent
Mark Shulman
Vilas Realty
List Price
$478,900
Sold Price
$460,000
Premium/Discount to List
-$18,900
-3.95%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.59%
Original Mortgage
$414,000
Interest Rate
3.6%
Mortgage Type
Commercial
Purchase Details
Closed on
Jan 16, 2012
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
$139,000
Interest Rate
3.98%
Mortgage Type
Commercial
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Home Values in the Area
Average Home Value in this Area
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 |
|---|---|---|---|
| $1,300,000 | Knight Barry Title | ||
| $1,030,000 | None Listed On Document | ||
| -- | Knight Barry Title | ||
| $460,000 | None Available | ||
| $69,500 | 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 | $1,300,000 | ||
| Previous Owner | $1,061,250 | ||
| Previous Owner | $414,000 | ||
| Previous Owner | $139,000 | ||
| Closed | $306,500 |
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 | Prior Sale |
|---|---|---|---|---|---|
| 05/09/2025 05/09/25 | Sold | $1,300,000 | -10.7% | $134 / Sq Ft | |
| 01/14/2025 01/14/25 | Price Changed | $1,455,000 | -2.7% | $150 / Sq Ft | |
| 12/04/2024 12/04/24 | For Sale | $1,495,000 | +15.0% | $154 / Sq Ft | |
| 12/04/2024 12/04/24 | Off Market | $1,300,000 | -- | -- | |
| 12/02/2024 12/02/24 | For Sale | $1,495,000 | +225.0% | $154 / Sq Ft | |
| 08/03/2012 08/03/12 | Sold | $460,000 | -3.9% | $70 / Sq Ft | View Prior Sale |
| 07/09/2012 07/09/12 | Pending | -- | -- | -- | |
| 07/09/2012 07/09/12 | For Sale | $478,900 | -- | $73 / 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 | $19,459 | $1,030,000 | $130,000 | $900,000 |
| 2024 | $35,763 | $1,030,000 | $130,000 | $900,000 |
| 2023 | $18,411 | $1,030,000 | $130,000 | $900,000 |
| 2022 | $35,061 | $903,000 | $100,000 | $803,000 |
| 2021 | $19,024 | $903,000 | $100,000 | $803,000 |
| 2020 | $20,015 | $903,000 | $100,000 | $803,000 |
| 2019 | $19,101 | $860,000 | $100,000 | $760,000 |
| 2018 | $18,110 | $816,000 | $99,500 | $716,500 |
| 2017 | $17,093 | $742,000 | $99,500 | $642,500 |
| 2016 | $17,557 | $742,000 | $90,500 | $651,500 |
| 2015 | $17,762 | $685,600 | $90,500 | $595,100 |
| 2014 | $16,401 | $685,600 | $90,500 | $595,100 |
| 2013 | $10,466 | $460,000 | $90,500 | $369,500 |
Source: Public Records
Agents Affiliated with this Home
-
Lori Schilling
-
Musa Jallow
Buyer's Agent in 2025
Musa Jallow
Restaino & Associates
(608) 446-2210
33 in this area
133 Total Sales
-
Michael Schuster
Seller's Agent in 2012
Michael Schuster
RE/MAX
(608) 225-2785
5 in this area
75 Total Sales
-
Mark Shulman
M
Buyer's Agent in 2012
Mark Shulman
Vilas Realty
(608) 347-8247
8 Total Sales
Map
Source: South Central Wisconsin Multiple Listing Service
MLS Number: 1990296
APN: 0710-024-0192-6
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.
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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