$389,900
UNDER CONTRACT $10K PRICE DROP

518 Bowman Ave Madison, WI 53716

Lake Edge Neighborhood

Estimated payment $2,534/month

Total Views 13,083
3 Beds
1 Bath
1,008 Sq Ft
$387 Price per Sq Ft

Highlights

  • Open Floorplan
  • Wood Flooring
  • Fenced Yard
  • Ranch Style House
  • Corner Lot
  • Detached Garage

About This Home

Move right into this cozy yet charming 3 bedroom on Madison’s East side! Beautiful hardwood floors welcome you inside to the living/family room and lead you directly to all 3 main level bedrooms and full bath with shower/tub combo. Kitchen boasts all stainless steel appliances and well cared for quartz countertops, plus a walkout to the fenced in backyard & patio. Basement is ready for its next owner to bring all their future plans, already equipped with a gas fireplace, roughed for a 4th bed, and full bath! Not to mention the high efficiency solar panels, 1 car detached garage & ideal corner lot. Just minutes to parks, hospitals, Lake Monona, Hwy 51 and more. Don’t miss out!

Listing Agent

Erin Flesch

MHB Real Estate Brokerage Phone: 608-709-9886 License #96087-94 Listed on: 01/15/2026

Co-Listing Agent

Brooke Mussehl

MHB Real Estate Brokerage Phone: 608-709-9886 License #95858-94

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,125

Year Built

  • Built in 1956

Lot Details

  • 8,276 Sq Ft Lot
  • Fenced Yard
  • Corner Lot
  • Property is zoned R2

Parking

  • Detached Garage

Home Design

  • Ranch Style House
  • Wood Siding

Interior Spaces

  • 1,008 Sq Ft Home
  • Open Floorplan
  • Gas Fireplace
  • Wood Flooring

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

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

Laundry

  • Laundry on lower level
  • Dryer
  • Washer

Basement

  • Basement Fills Entire Space Under The House
  • Stubbed For A Bathroom
  • Basement Windows

Schools

  • Call School District Elementary School
  • Sennett Middle School
  • Lafollette High School

Utilities

  • Forced Air Heating and Cooling System
  • Water Softener
  • Cable TV Available

Additional Features

  • Low Pile Carpeting
  • Patio
  • Property is near bus stop

Community Details

  • Morningside Heights Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,125

Year Built

Built in 1956

Lot Details

0

Listing Details

  • Municipality: Madison
  • Status Detail: Offer-Show
  • Mailing City: Madison
  • Class: Single Family
  • Type: Single Family
  • Type Of Property: 1 story
  • Architecture: Ranch
  • Items Excluded: Seller’s Personal Property
  • Items Included: Refrigerator, Range/Oven, Microwave, Dishwasher, Disposal, Washer/Dryer, All Window Coverings/Blinds
  • Year Built: 1956
  • Reso Accessibility Features: Open floor plan, First floor bedroom, First floor full bath, Low pile or no carpeting
  • Special Features: UnderContract
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Above Grade Finished Sq Ft: 1008
  • Finished Sq Ft: 1008
  • Bedrooms: 3
  • Main Level Full Bathrooms: 1
  • Total Full Bathrooms: 1
  • Master Bedroom: Dimensions: 13x10, On Level: M
  • Bedroom 2: Dimensions: 13x9, On Level: M
  • Bedroom 3: Dimensions: 13x8, On Level: M
  • Kitchen: Dimensions: 13x10, On Level: M
  • Kitchen Features: Range/Oven, Refrigerator, Dishwasher, Microwave, Disposal
  • Living Room: Dimensions: 18x14, On Level: M
  • Laundry: On Level: L
  • Basement: Full, Full Size Windows/Exposed, Stubbed for Bathroom
  • Fireplace: Gas
  • Interior Amenities: Wood or sim. wood floor, Washer, Dryer, Water softener inc, Cable available, At Least 1 tub
  • Primary Bedroom Bathrooms: None

Exterior Features

  • Exterior: Wood
  • Exterior Features: Patio, Fenced Yard

Garage/Parking

  • Driveway: Paved
  • Garage: 1 car, Detached
  • Total Full Garage Stalls: 1

Utilities

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

Schools

  • Elementary School: Call School District
  • High School: Lafollette
  • Middle School: Sennett
  • School District: Madison

Lot Info

  • Estimated Aces: 0.19
  • Lot Description: Corner, Close to busline
  • Zoning: R2
  • Geo Subdivision: WI

Tax Info

  • Net Taxes: 6125
  • 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 $12,250 $365,900 $92,500 $273,400
2023 $5,990 $350,500 $88,600 $261,900
2022 $10,557 $284,700 $72,000 $212,700
2021 $4,979 $249,700 $72,000 $177,700
2020 $5,021 $235,600 $67,900 $167,700
2019 $4,717 $222,300 $64,100 $158,200
2018 $4,740 $222,300 $41,400 $180,900
2017 $4,292 $193,300 $41,400 $151,900
2016 $4,183 $184,100 $39,400 $144,700
2015 $4,165 $180,500 $37,200 $143,300
2014 $4,164 $180,500 $37,200 $143,300
2013 $4,111 $180,500 $37,200 $143,300
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/05/2026 02/05/26 Price Changed $389,900 -2.5% $387 / Sq Ft
01/15/2026 01/15/26 For Sale $399,900 -- $397 / Sq Ft
Source: South Central Wisconsin Multiple Listing Service

Purchase History

Date Type Sale Price Title Company
Warranty Deed $320,000 Knight Barry Title
Warranty Deed $199,900 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $312,372 FHA
Previous Owner $153,100 New Conventional
Source: Public Records

Source: South Central Wisconsin Multiple Listing Service

MLS Number: 2014918

South Central Wisconsin Multiple Listing Service

APN: 0710-094-0814-9

Wisconsin Dane County Madison 53716 Lake Edge

518 Bowman Ave, Madison, WI

Under Contract

Detached

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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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Erin Flesch
Listing Agent
Erin Flesch
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MHB Real Estate
(608) 404-7456