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116 S Franklin St; Madison, WI Property Details

116 S Franklin St, Madison, WI is a Residential General that was built in 1984. This property is currently Financed and is not for sale. Our records show that 116 S Franklin St has 2 bedrooms, and 1.5 bathrooms, and a total of 1,402 square feet. The lot size of 116 S Franklin St is 1,024 square feet.

Off market
116 S Franklin St Madison, WI 53703
$491,200 Estimated Value
2 Beds
1.5 Baths
1,402 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Trust
  • Owner Status: Trust
  • Year Built: 1984
  • Purchase Price: $299,600
  • Open Loans / Balance: 1 / $40,450
  • Est. Equity / %: $603,550 / 93.72%
  • Gross Yield: 6.839%
  • APN: 0709-133-3408-6
  • Situs County: Dane
  • Length Of Ownership: 13 years

Rooms

  • Bedrooms: 2
  • Bathrooms: 1.5
  • Full Bathrooms: 1
  • Total Rooms: 7
  • Partial Bathrooms: 1

Structure

  • Floor Cover Type: Wood
  • Stories: 3
  • Exterior Wall Type: Siding (Alum/Vinyl)
  • Interior Wall Type: Gypsum Board (Drywall, Sheetrock, etc.)
  • Building Condition: Average
  • Building Quality: C
  • Roof Cover Type: Asphalt
  • Sewer Type: Municipal
  • Water Source: Municipal
  • Deck: true

Measurements

  • Total: 1,402/SqFt
  • Lot: 1,024/SqFt
  • Gross: 1,622/SqFt
  • Garage: 220/SqFt
  • Living: 1,402/SqFt
  • Building: 1,622/SqFt
  • Ground: 150/SqFt
  • Price Per Square Foot: $213.69

Legal Description

  • Description: CANAL PLACE, LOT 8, AND 1/11% INTEREST IN OUTLOT 1, SD PLAT.
Building Insights

Land Information

  • Property Type: Residential General
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Madison Metropolitan School District
  • Lat / Lon: 43.07657 / -89.3782
  • Subdivision: Canal Place
  • Property Class: Residential
  • Zoning: HIS-FS
  • County Use Code: G1

Amenities

  • Plus Four: 3414
  • Cooling: Central
  • Fireplaces: 1
  • Garage: Attached Garage
  • Parking: 1

HOA

  • H O A One: $118
  • H O A Two: $118
  • H O A Amount: $236
  • H O A One Name: Canal Place Homeowners Association Inc
  • H O A One Type: Condo  Owner Association
  • H O A Two Name: Corner House Condominium Assoc Inc
  • H O A Two Type: Condo  Owner Association

Ownership Info

116 S Franklin St has no associated ownership info
116 S Franklin St has no associated ownership info.

Taxes

116 S Franklin St has 9 associated Taxes items

116 S Franklin St, Madison, WI pays taxes in Dane County, WI. The most recent tax assessment records are from 2025 and show that the current assessed value of the property is $491,200. The APN we've located for 116 S Franklin St is 0709-133-3408-6.

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Taxes
  • Assessed Value:  $491,200
  • Assessed Year:  2025
  • Assessed County:  Dane
  • APN:  0709-133-3408-6
  • Assessed Land Value:  30600
  • Tax Amount:  8798.86
  • Tax Year:  2025
  • Market Value:  427494
  • Market Year:  2023

Tax History

116 S Franklin St has 14 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $491,200 Land Value $30,600 Improvement Value $460,600 Tax Amount $8,798.86 Change Rate -0.434155% Assessed CR Tax Rate +0.017913%
Year 2024 Assessed Value $459,100 Land Value $30,600 Improvement Value $428,500 Tax Amount $15,549.94 Change Rate +1.095767% Assessed CR Tax Rate +0.03387%
Year 2023 Assessed Value $425,100 Land Value $30,600 Improvement Value $394,500 Tax Amount $7,419.69 Change Rate -0.516581% Assessed CR Tax Rate +0.017454%
Year 2022 Assessed Value $405,600 Land Value $30,600 Improvement Value $375,000 Tax Amount $15,348.36 Change Rate +1.133575% Assessed CR Tax Rate +0.037841%
Year 2021 Assessed Value $352,700 Land Value $30,600 Improvement Value $322,100 Tax Amount $7,193.73 Change Rate -0.059843% Assessed CR Tax Rate +0.020396%
Year 2020 Assessed Value $352,700 Land Value $30,600 Improvement Value $322,100 Tax Amount $7,651.63 Change Rate +0.09282% Assessed CR Tax Rate +0.021694%
Year 2019 Assessed Value $323,600 Land Value $30,600 Improvement Value $293,000 Tax Amount $7,001.73 Change Rate -0.002844% Assessed CR Tax Rate +0.021637%
Year 2018 Assessed Value $323,600 Land Value $30,600 Improvement Value $293,000 Tax Amount $7,021.7 Change Rate -0.042349% Assessed CR Tax Rate +0.021699%
Year 2017 Assessed Value $323,600 Land Value $30,600 Improvement Value $293,000 Tax Amount $7,332.21 Change Rate Assessed CR Tax Rate +0.022658%
Year 2016 Assessed Value $323,600 Land Value $27,800 Improvement Value $295,800 Tax Amount Change Rate Assessed CR Tax Rate
Year 2015 Assessed Value $299,600 Land Value $25,300 Improvement Value $274,300 Tax Amount $3,461.21 Change Rate -0.50899% Assessed CR Tax Rate +0.011553%
Year 2014 Assessed Value $299,600 Land Value $25,300 Improvement Value $274,300 Tax Amount $7,049.17 Change Rate Assessed CR Tax Rate +0.023529%
Year 2013 Assessed Value $280,000 Land Value $25,300 Improvement Value $254,700 Tax Amount Change Rate Assessed CR Tax Rate
Year 2011 Assessed Value Land Value Improvement Value Tax Amount $5,467.64 Change Rate Assessed CR Tax Rate