$283,100
SOLD JUL 18, 2025

505 W Prospect St Lake Mills, WI 53551

2 Beds
1.5 Baths
1,398 Sq Ft
10,454 Sq Ft Lot

Recently Sold

$203 Per Sq Ft

5 Days on Market

Highlights

  • Ranch Style House
  • Forced Air Heating and Cooling System
  • High Speed Internet
  • 2 Car Detached Garage

About This Home

As of July 2025

Welcome to this charming Lake Mills home on a quiet street, offering the perfect blend of updates and a warm, inviting feel. Inside, you'll find a beautifully renovated kitchen and bath, new flooring in the living room, and refinished hardwoods in the dining area. Step out to a covered deckperfect for relaxing or entertaining. The walk-out lower level includes a spacious rec room, which could be a potential third bedroom. Plus an office space, half bath, and plenty of storage. Enjoy multiple outdoor spaces including a patio, second deck, and a great yardjust a short walk to Rock Lake, schools, and downtown. This home is well maintained and move-in ready! Tired of renting? We have local lenders who offer low or no-money-down loan options.

Last Agent to Sell the Property

Laura Staude Flood

eXp Realty License #52477-90 Listed on: 06/19/2025

eXp Realty

Last Buyer's Agent

Andrea Lindemann

Realty One Group Luminous License #60352-90

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,373

Lot Details

  • 10,454 Sq Ft Lot

Parking

  • 2 Car Detached Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Ranch Style House
  • Vinyl Siding

Kitchen

  • Range
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Dryer
  • Washer

Partially Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Schools

  • Lake Mills Elementary And Middle School
  • Lake Mills High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • High Speed Internet

Listing and Financial Details

  • Exclusions: Microwave and sellers personal property.
  • Assessor Parcel Number 24607131142024

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,373

Lot Details

0

Parking

2

Listing Details

  • Prop. Type: Single-Family
  • Lot Size Acres: 0.24
  • Inclusions: Oven/range, refrigerator, dishwasher, washer/dryer.
  • Directions: I-94 to HWY 89, South on Hwy 89/Main St, West on Madison St, West on Prospect to home on Right.
  • Above Grade Finished Sq Ft: 912
  • Architectural Style: Ranch
  • Garage Yn: Yes
  • Unit Levels: 1 Story, Exposed Basement
  • Property Information:Est Total Sq Ft: 1398
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Range, Refrigerator, Dishwasher, Washer, Dryer
  • Accessibility Features: Full Bath on Main Level, Bedroom on Main Level
  • Has Basement: Full, Walk Out/Outer Door, Partially Finished
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Below Grade Sq Ft: 499
  • Fireplace Features: Electric Fireplace
  • Fireplace: Yes
  • Interior Amenities: High Speed Internet

Exterior Features

  • Exclusions: Microwave and sellers personal property.
  • Construction Type: Vinyl
  • Patio And Porch Features: Deck

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2
  • Parking Features: Electric Door Opener, Paved
  • Garage Type: Detached

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Natural Gas, Forced Air
  • Heating Yn: Yes
  • Sewer: Municipal Sewer

Schools

  • Elementary School: Lake Mills
  • Junior High Dist: Lake Mills Area
  • High School: Lake Mills
  • Middle Or Junior School: Lake Mills

Lot Info

  • Lot Size Sq Ft: 10454.4
  • Parcel #: 24607131142024

Tax Info

  • Tax Annual Amount: 3373.21
  • Tax Year: 2024

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 1, 2005
Sold by
Nelson Group Of Madison Llc
Bought by
Burdick Luella M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,000
Interest Rate
6.2%
Mortgage Type
New Conventional
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $139,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $56,500 New Conventional
Closed $59,400 New Conventional
Closed $70,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/18/2025 07/18/25 Sold $283,100 +2.9% $203 / Sq Ft
06/19/2025 06/19/25 For Sale $275,000 -- $197 / Sq Ft
Source: Metro MLS

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 $3,584 $166,100 $41,100 $125,000
2023 $3,665 $166,100 $41,100 $125,000
2022 $3,287 $166,100 $41,100 $125,000
2021 $3,207 $166,100 $41,100 $125,000
2020 $3,149 $166,100 $41,100 $125,000
2019 $3,169 $166,100 $41,100 $125,000
2018 $3,147 $146,500 $40,600 $105,900
2017 $3,149 $146,500 $40,600 $105,900
2016 $3,177 $146,500 $40,600 $105,900
2015 $3,202 $146,500 $40,600 $105,900
2014 $3,215 $146,500 $40,600 $105,900
2013 $3,293 $146,500 $40,600 $105,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Metro MLS

MLS Number: 1923026

Metro MLS

APN: 246-0713-1142-024