$497,000
SOLD FEB 28, 2025

Lt0 256th Ave Salem, WI 53168

27.27 Acres
$18,225 Price per Acre
1,187,881 Sq Ft Lot

Recently Sold

16 Days on Market

About This Lot

As of February 2025

With infrastructure costs making most development properties on the market cost prohibitive, this property is priced with that in mind. 70 platted lots and road right of ways are in place with the Village of Paddock Lake and the current taxes are very low per the agricultural use assessment. The seller currently farms this property and would offer a crop lease of $220 per tillable acre for 2025 and until no longer necessary. Prior to closing, Seller will have a utility and R.O.W. easement created to allow access to sewer and gas through the 21 acre parcel to the east and access from 248th St.

Last Agent to Sell the Property

Edward Gramza

Keller Williams Realty-Milwaukee Southwest Brokerage Phone: 262-599-8980 License #97017-94 Listed on: 11/19/2024

Keller Williams Realty-Milwaukee Southwest

Last Buyer's Agent

AJ Swartz

Berkshire Hathaway Home Services Epic Real Estate License #76492-94

Berkshire Hathaway Home Services Epic Real Estate

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $127

Lot Details

  • 27.27 Acre Lot
  • Property fronts a state road
  • Lot Has A Rolling Slope
  • 4041200310401to10450

Schools

  • Salem Elementary School
  • Central High School

Listing and Financial Details

  • Exclusions: Any crops that my be planted
  • Assessor Parcel Number 4041200310400

Property Details

Property Type

Land

Est. Annual Taxes

$127

Lot Details

0

Listing Details

  • Property Sub Type: Vacant Land
  • Prop. Type: Land
  • Lot Size Acres: 27.27
  • Road Frontage Type: State Road, Service-State
  • Inclusions: 70 platted lots and ROW's and a recorded Utility Easement that runs from State HWY 75 to the eastern property boundary
  • Directions: Access from the east side of State HWY 75 about 1/3 of a mile south of 60th St. and about 2/3 of a mile north of HWY 50
  • Attribution Contact: 262-599-8980
  • Special Features: None

Exterior Features

  • Topography: Rolling/Hilly
  • Exclusions: Any crops that my be planted
  • Other Structures: None

Utilities

  • Green Building Features: Other Lease(s)

Schools

  • Elementary School: Salem
  • Junior High Dist: Salem
  • High School: Central

Lot Info

  • Current Use: Agriculture
  • Lot Size Sq Ft: 1187881.2
  • Additional Parcels Description: 4041200310401to10450
  • Parcel #: 4041200310400

Tax Info

  • Tax Annual Amount: 126.7
  • Tax Year: 2022
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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
02/28/2025 02/28/25 Sold $497,000 0.0% --
02/19/2025 02/19/25 Off Market $497,000 -- --
12/04/2024 12/04/24 Pending -- -- --
11/18/2024 11/18/24 For Sale $497,000 -- --
Source: Metro MLS

Agents Affiliated with this Home

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Map

Source: Metro MLS

MLS Number: 1899828

Metro MLS
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