Dane County property record for 1502 Rae Ln, Madison, WI 53711
| Property Type | Single Family Home |
|---|---|
| Details | 3 bd · 2 ba · 1,500 sqft · built 1970 |
| Lot Size | 0.206 acres (8,986 sqft) |
| Owner | Individual Name on File |
| Last Sale | $300,000 (Nov 2021) |
| Tax Bill | $5,613 (2024) |
| Deeds & Mortgages | Nov 2021 Sale & Mortgage May 2021 Mortgage + 1 more |
| Flood Zone | Zone X (minimal risk) |
| APN | 0708-364-1111-9 |
| Primary APN | 0708-364-1111-9 |
|---|
| Bedrooms | 3 Beds |
|---|---|
| Full Baths | 2 Baths |
| Total Rooms | 8 Rooms |
| Stories | 1 Story |
| Building Area | 1,500 sqft Living Area |
| 1st Floor Area | 1,088 sqft |
| Basement Area | 1,088 sqft |
| Finished Basement | 412 sqft |
| Family Room | Family Room |
| Interior Walls | Wallboard/Drywall |
| Year Built | Built 1970 |
|---|---|
| Effective Year Built | Effective 1988 |
| Architectural Style | Ranch |
| Exterior Material | Wood |
| Construction Type | Wood |
| Foundation Type | Concrete |
| Roof Material | Asphalt |
| Lot Area | 8,986 sqft (0.206 acres) |
| Garage Type | Attached |
| Garage Area | 480 sqft |
| Driveway | Driveway |
| Driveway Area | 140 sqft |
| Parking Spaces | 2 Parking Spaces |
| Porch | Finished/Screened Porch |
|---|---|
| Porch Area | 266 sqft |
| Patio Area | 130 sqft |
| Shed | 1 Shed |
| Shed Area | 80 sqft |
| Cooling System | Central |
|---|---|
| Sewer | Municipal |
| Water Source | Commercial |
| Street Address | 1502 RAE LN |
|---|---|
| City | MADISON |
| State | WI |
| Zip | 53711-3338 |
| Property Category | Residential |
| Property Type | Residential > Single Family > Home |
| Local Zoning Code | SR-C1 |
| Legal Description | PARK ADDITION TO MEADOWOOD, LOT 85 |
| Legal Range | 08 |
| Legal Township | 07 |
| Legal Section | 36 |
| Legal Subdivision | PARK ADDITION |
| Legal Lot Number | 85 |
| Jurisdiction | DANE WI |
| Township / Civil Division | MADISON |
| Census Block Group | 4 |
| Census Block | 4001 |
| Census Tract | 407 |
1502 Rae Ln is owned and occupied by an individual who bought it in November 2021.
Source: Dane County records, as of January 22, 2026
| Owner of Record | Individual Name on File |
|---|---|
| Mailing Address | 1502 RAE LN, MADISON, WI 53711-3338 |
| Occupancy | Owner Occupied |
| Owner Type | Individual |
Owner names and exact recorded amounts are on file and can be viewed instantly on this page with a free 10-day trial.
| Date | Document |
|---|---|
| Nov 1, 2021 | Warranty Deed, Transfer · Conventional Mortgage SUMMIT CU |
| May 4, 2021 | Deed of Trust, Mortgage · Conventional Mortgage HUD |
| Jan 14, 2020 | Warranty Deed, Transfer · FHA Mortgage THOMPSON KANE & CO LLC |
| Deed Names | Name on Deed |
|---|---|
| Last Sale | Nov 1, 2021 · Amount on File |
| Deed Sale | Nov 1, 2021 · Amount on File |
| Prior Sale | Jan 14, 2020 · Amount on File |
| Deed Document Number | 5784908 |
| Record Updated | Jun 8, 2026 |
| Document Type | Warranty Deed |
|---|---|
| Jurisdiction | DANE WI |
| Recording Date | Nov 1, 2021 |
| Property Address | 1502 RAE LN, MADISON, WI 53711-3338 |
| Document Number | 0005784908 |
| Instrument Date | Oct 23, 2021 |
| Instrument | 5784908 |
| Transaction Type | Transfer |
| Record Updated | Nov 17, 2021 |
| Amount | Amount on Record |
|---|---|
| Downpayment | Downpayment on Record |
| Loan-to-Value (LTV) | LTV on Record |
| Tax | $900.00 |
| Amount Accuracy | Rounded by County |
| Additional |
|
| Name | Verified Name |
|---|
| Name | Verified Name |
|---|---|
| Address | 1502 RAE LN, MADISON, WI 53711-3338 |
| Document Number | 0005784909 |
|---|---|
| Date | Nov 1, 2021 |
| Instrument | 5784909 |
| Name | SUMMIT CU |
|---|
| Type | Conventional Mortgage |
|---|---|
| Amount | Amount on Record |
| Document Type | Deed of Trust |
|---|---|
| Jurisdiction | DANE WI |
| Property Address | 1502 RAE LN, MADISON, WI 53711-3338 |
| Transaction Type | Mortgage |
| Record Updated | May 19, 2021 |
| Name | Verified Name |
|---|
| Document Number | 0005724718 |
|---|---|
| Date | May 4, 2021 |
| Instrument | 5724718 |
| Name | HUD |
|---|---|
| Type | Government Agency |
| Type | Conventional Mortgage |
|---|---|
| Amount | Amount on Record |
| Term | 348 Months |
| Due | Feb 1, 2050 |
| Rate Type | Fixed Rate |
|---|
| Document Type | Warranty Deed |
|---|---|
| Jurisdiction | DANE WI |
| Recording Date | Jan 14, 2020 |
| Property Address | 1502 RAE LN, MADISON, WI 53711-3338 |
| Document Number | 0005555830 |
| Instrument Date | Jan 10, 2020 |
| Instrument | 5555830 |
| Transaction Type | Transfer |
| Record Updated | Jun 14, 2021 |
| Amount | Amount on Record |
|---|---|
| Downpayment | Downpayment on Record |
| Loan-to-Value (LTV) | LTV on Record |
| Tax | $705.00 |
| Amount Accuracy | Calculated from Transfer Tax |
| Additional |
|
| Name | Verified Name |
|---|
| Name | Verified Name |
|---|---|
| Address | 1502 RAE LN, MADISON, WI 53711-3338 |
| Document Number | 0005555831 |
|---|---|
| Date | Jan 14, 2020 |
| Instrument | 5555831 |
| Name | THOMPSON KANE & CO LLC |
|---|
| Type | FHA Mortgage |
|---|---|
| Amount | Amount on Record |
| Rate Type | Fixed Rate |
|---|
Source: Dane County assessment roll, as of January 1, 2025
| Type | Name |
|---|---|
| State | Wisconsin |
| County | Dane County |
| Municipality | Madison City |
| Unified School District | Madison Metropolitan School District (PK - 12) |
| Year | Tax Bill | Assessed Value | Assessed Market Value |
|---|---|---|---|
| 2025 | $337,000 Land $99,200 Building $237,800 | ||
| 2024 | $5,613.00 | $337,000 | |
| 2023 | $306,400 Land $90,200 Building $216,200 | ||
| 2022 | $5,312.00 |
Assessed value and assessed market value are set for property tax purposes and are not market price estimates.
FEMA maps place 1502 Rae Ln in Zone X, an area of minimal flood risk, though there have been 1 flood claim nearby since 2008.
Source: FEMA National Flood Hazard Layer, effective September 20, 2026 · OpenFEMA NFIP redacted claims and policies, as of September 2026
| FEMA Flood Zone | Zone X minimal risk |
|---|---|
| Flood Insurance Requirement | Not required lenders may require it |
| Nearby Flood Policies | 2 in force |
| Nearby Flood Claims | 1 (2008) |
| Claims Outside the SFHA | 1 of 1 |
| Most Recent Claim | Jun 2008 · Severe Storms, Tornadoes, And Flooding |
Values are read at the parcel center point; flood claims are located to the census block group, not this parcel; lenders make the official flood determination.
The area around 1502 Rae Ln has no burnable land within ember reach, so its wildfire risk is not rated.
Source: USDA Forest Service Wildfire Risk to Communities (2nd edition), as of 2024
| Wildfire Risk | Not rated no burnable land within ember reach |
|---|
Values cover an area roughly 900 ft across, not the parcel itself; insurers use their own ratings.
Source: EPA Safe Drinking Water Information System, as of September 2026
| Water System | MADISON WATER UTILITY serves 272,000 people · EPA ID WI1130224 |
|---|---|
| Water Source | Groundwater |
| Last State Inspection | Apr 2023 |
| Lead | 2 ppb (2023) action level 15 ppb |
| Water Quality | None last 10 years |
|---|---|
| Treatment and Procedure | Lead service line inventory Oct 2024 |
| Monitoring and Reporting | 1 last 3 years |
Results are for the whole water system, not water tested at this address; lead at the tap also depends on the building's own pipes. This system sells water to local utilities; the supplier billing this address may be one of them.
Source: FCC Broadband Data Collection, based on 445 locations within half a mile, as of December 31, 2025
| Provider | Max Down / Up (Mbps) |
|---|---|
| AT&T Fiber · DSL in parts of the area | 5,000 / 5,000 |
| Spectrum Cable | 1,000 / 1,000 |
| LiteWire Fixed Wireless | 100 / 25 |
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