$92,000
SOLD JUN 13, 2025

409 River Ave E Ladysmith, WI 54848

3 Beds
1 Bath
1,212 Sq Ft
0.3 Acres

Recently Sold

$76 Per Sq Ft

8% Below List Price

52 Days on Market

Highlights

  • No HOA
  • Cooling Available
  • Wood Siding
  • 2 Car Detached Garage
  • Hot Water Heating System
  • 4-minute walk to Memorial Park

About This Home

As of June 2025

This 3-Bedroom home in Ladysmith is ready for a new owner. The home itself could use some cosmetic updating, but seems to have great bones and many of the major systems have been addressed within the last 10 years; Boiler(2017) Water Heater (2020). The large backyard gives you plenty of room for pets or gardening and the 22x20 Garage will keep your toys out of the elements. The location is also hard to beat, as the home sits across the street from the Ladysmith Flowage(Flambeau River) and a block away from Memorial Park. This home is loaded with potential and with a little updating could be a very comfortable home for years to come.

Last Agent to Sell the Property

Adam Kaiser

Kaiser Realty Inc Brokerage Phone: 715-532-3383 License #57633-90 Listed on: 04/22/2025

Last Buyer's Agent

Alison Kempen

CB Northern Escape/Ladysmith License #90251-94

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $914

Year Built

  • Built in 1933

Lot Details

  • 0.3 Acre Lot

Parking

  • 2 Car Detached Garage

Home Design

  • Poured Concrete
  • Wood Siding

Interior Spaces

  • 1,212 Sq Ft Home
  • 1.5-Story Property
  • Self Contained Fireplace Unit Or Insert
  • Electric Fireplace
  • Basement Fills Entire Space Under The House

Kitchen

  • Oven
  • Range
  • Freezer

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Utilities

  • Cooling Available
  • Radiant Heating System
  • Hot Water Heating System
  • Gas Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Exclusions: Sellers Personal
  • Assessor Parcel Number 246-02464-0000

Home Details

Home Type

Single Family

Est. Annual Taxes

$914

Year Built

Built in 1933

Lot Details

0

Parking

2

Listing Details

  • Directions: From Hwy 8 go East on River Ave E to Property on the North side of the road.
  • Lot Size: 0 x 0 x
  • New Construction: No
  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Year Built: 1933
  • Lot Size Acres: 0.3
  • Attribution Contact: 715-532-3383
  • Co List Office Phone: 715-532-3383
  • MLS Status: Closed
  • Above Grade Finished Sq Ft: 1212.0
  • Architectural Style: One and One Half Story
  • Reso Fireplace Features: Electric, One, Insert
  • Garage Spaces: 2.0
  • Unit Levels: One and One Half
  • Living Area: 1212.0
  • Reso Window Features: Window Coverings
  • Property Sub Type Additional: Single Family Residence
  • General Property Information Below Grade Unfinished Area: 828.0
  • Special Features: None

Interior Features

  • Has Basement: Full
  • Appliances: Freezer, Gas Water Heater, Oven, Range, Refrigerator
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplaces: 1
  • Fireplace: Yes

Exterior Features

  • Foundation Details: Poured
  • Waterfront: No
  • Exclusions: Sellers Personal
  • Construction Type: Wood Siding

Garage/Parking

  • Attached Garage: No
  • Covered Parking Spaces: 2.0
  • Attached Garage: Yes
  • Parking Features: Detached, Garage

Utilities

  • Cooling: Window Unit(s), WallWindow Unit(s)
  • Electric: Circuit Breakers
  • Heating: Hot Water, Radiant
  • Sewer: Public Sewer
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: Ladysmith

Lot Info

  • ResoLotSizeUnits: Acres
  • Parcel Number: 246-02464-0000

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 914.49

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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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/13/2025 06/13/25 Sold $92,000 -7.9% $76 / Sq Ft
04/22/2025 04/22/25 For Sale $99,900 -- $82 / Sq Ft
Source: Northwestern Wisconsin Multiple Listing Service

Tax History Compared to Growth

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 $914 $42,500 $9,900 $32,600
2023 $742 $42,500 $9,900 $32,600
2022 $796 $42,500 $9,900 $32,600
2021 $812 $42,500 $9,900 $32,600
2020 $924 $42,500 $9,900 $32,600
2019 $889 $42,500 $9,900 $32,600
2018 $809 $42,500 $9,900 $32,600
2017 $1,129 $59,100 $8,400 $50,700
2016 $1,072 $59,100 $8,400 $50,700
2015 $1,523 $59,100 $8,400 $50,700
2014 $1,149 $59,100 $8,400 $50,700
2013 $1,063 $59,100 $8,400 $50,700
Source: Public Records

Agents Affiliated with this Home

  • Adam Kaiser

    Seller's Agent in 2025

    Adam Kaiser

    Kaiser Realty Inc

    (715) 532-3383

    47 in this area

    145 Total Sales

    Adam Kaiser
    Section Image

  • A

    Buyer's Agent in 2025

    Alison Kempen

    CB Northern Escape/Ladysmith

    (715) 532-7300

    70 in this area

    241 Total Sales

    Alison Kempen
    Section Image
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Map

Source: Northwestern Wisconsin Multiple Listing Service

MLS Number: 1590863

Northwestern Wisconsin Multiple Listing Service

APN: 246-02464-0000

Wisconsin Rusk County Ladysmith 54848

409 River Ave E, Ladysmith, WI

Sold

Detached

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