- 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
116 S Franklin St; Madison, WI Property Details
Off market
116 S Franklin St Madison, WI 53703
$491,200 Estimated Value
2 Beds
1.5 Baths
1,402 SqFt
Property Type
Residential GeneralProperty 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.
Unlock the full reportTaxes
Tax History
116 S Franklin St has 14 associated Tax History items
| Year | Assessed Value | Land Value | Improvement Value | Tax Amount | Change Rate | Assessed CR | Tax 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 |