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$325,000 Just Listed
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Property Description
Welcome to this versatile 3-bedroom, 2-bath property just minutes from downtown Lake Mills. It offers a unique opportunity for investors, business owners, or owner-occupants seeking flexibility. Inside, you'll find a functional layout with comfortable living spaces and abundant natural light, ideal for everyday living, remote work, or potential rental use. The B-2 zoning allows for a variety of permitted uses (buyer to verify with municipality), making this property a standout option for those looking to invest, establish a business, or enjoy a well-located home with added potential.
Full Property Details
Full Property Details for 721 W Madison St
General
- Price: $325,000
- Taxes: $3,985 (2025)
- Status: Active
- Type: Single Family
- Source: MetroMLS_Milwaukee_Wirex
- MLS ID: 1961139
- Updated: 5/6/2026
- Added to Site: 2 day(s) ago
Interior
- Appliances: Dishwasher, Dryer, Oven, Refrigerator, Washer, Water Softener Owned
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
- Bathroom: At least one Bathtub, Shower over Tub
Bedrooms
- Total Bedrooms: 3
- Bedroom 1: 20 x 10
- Bedroom 2: 11 x 10
- Bedroom 3: 12 x 10
Other Rooms
- Living Room: 23 x 14
- Kitchen: 9 x 10
Exterior
- Exterior Features: Deck
Parking
- Garage: Yes
- Attached garage: Yes
- Garage Spaces: 1
Location
- County: Jefferson
- Driving Directions: Google Maps
School Information
- School District: Lake Mills Area
- Elementary School: Lake Mills
- Middle School: Lake Mills
- High School: Lake Mills
Heating & Cooling
- Heating/Cooling: Natural Gas, Central Air Conditioning, Forced Air
Utilities
- Water/Sewer: Municipal Sewer, Municipal Water
Structural Information
- Architectural Style: Single Story, Ranch
- Exterior Const.: Brick
- Basement Desc.: Full
- Square Feet: 1,456
- Year Built: 1960
Lot Features
- Lot Size (Acres): 0.29
- Zoning: B-2
Financial Considerations
- Tax Amount: $3,985
- Tax Year: 2025
Listed by Shine Realty
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Schools
Schools serving 721 W Madison St
School District:Lake Mills Area School District
| Name | Grades | Distance |
|---|---|---|
Lake Mills Middle School 318 College Street, Lake Mills, WI 53551 | 5-8 | 0.4 mi |
Lake Mills Elementary School 155 East Pine Street, Lake Mills, WI 53551 | PK-4 | 0.5 mi |
Lake Mills High School 615 Catlin Drive, Lake Mills, WI 53551 | 9-12 | 1.2 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 721 W Madison St
Date
Details
Price
Change
Source
5/06/2026
Listed
$325,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 721 W Madison St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$4,395
14%
$264,600
49%
2024
$3,846
-2%
$178,000
—
2023
$3,932
5%
$178,000
—
2022
$3,754
2%
$178,000
—
2021
$3,681
4%
$178,000
—
2020
$3,536
-2%
$178,000
—
2019
$3,597
3%
$178,000
15%
2018
$3,484
1%
$154,400
—
2017
$3,442
-1%
$154,400
—
2016
$3,485
3%
$154,400
—
2015
$3,378
—
$154,400
—
2014
$3,392
13%
$154,400
17%
2013
$2,990
—
$131,800
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 721 W Madison St
721 W Madison St, Lake Mills, WI 53551 (MLS# 1961139) is a Single Family property with 3 bedrooms and 2 full bathrooms. 721 W Madison St is currently listed for $325,000 and was received on May 06, 2026. Want to learn more about 721 W Madison St? Do you have questions about finding other Single Family real estate for sale in Lake Mills? You can browse all Lake Mills real estate or contact a Coldwell Banker agent to request more information.

