425 State St, Madison, WI 53703 Property Records

Dane County property record for 425 State St, Madison, WI 53703

Property Summary

Property TypeCommercial
Details8,897 sqft · built 1884
Lot Size0.093 acres (4,055 sqft)
OwnerCompany Name on Record
Last Sale$3,500,000 (Apr 2026)
Tax Bill$41,603 (2025)
Deeds & MortgagesApr 2026 Sale & Line of Credit
Flood ZoneZone X (minimal risk)
APN0709-231-0408-1

Property Details

APN / Parcel Number

Primary APN0709-231-0408-1

Interior

Units7 Units
Stories3 Stories
Building Area8,897 sqft Gross Area
1st Floor Area3,990 sqft
Basement Area4,055 sqft
FlooringCarpet
Interior WallsWallboard/Drywall

Exterior

Year BuiltBuilt 1884
Effective Year BuiltEffective 1900
Exterior MaterialBrick
Roof TypeFlat
Roof MaterialBuilt-Up Asphalt
Lot Area4,055 sqft (0.093 acres)
View / LotTraffic
DrivewayAsphalt Driveway

Utilities, Heating & Cooling

Cooling SystemWindow A/C
SewerMunicipal
Water SourceCommercial

Location & Zoning

Street Address425 STATE ST
CityMADISON
StateWI
Zip53703-2022
Property CategoryCommercial
Property TypeCommercial > Retail
Local Zoning CodeDC
Legal DescriptionORIG PLAT PT OF LOTS 1 & 2 B 56 BEG 100. 76 FT E FR W COR OF BLK TH S AT RT ANGS 61 FT TH SW 30 FT TO BROOM TH SE 30 FT T H NE 50 FT TH N 68 FT TO STATE TH W 42 F T TO BEG
Legal Range09E
Legal Township07N
Legal Section23
Legal Quarter1
Legal SubdivisionORIG PLAT PT OF LOTS 1 & 2 B 56 BEG 100
Legal BlockTH
Legal Lot Number1,2
JurisdictionDANE WI
Township / Civil DivisionMADISON
Census Block Group3
Census Block3001
Census Tract1603

Owner

Source: Dane County records, as of May 5, 2026

Owner names and exact recorded amounts are on file and can be viewed instantly on this page with a free 10-day trial.

Owner of RecordCompany Name on Record
Mailing Address1302 POCAHONTAS DR, MONONA, WI 53716-2962
Owner TypeCompany
VestingLimited Liability Partnership

Deeds, Mortgages & Sale History

Assessor's Deed Record

Deed NamesName on Deed
Last SaleApr 22, 2026 · Amount on Record
Deed SaleApr 22, 2026 · Amount on Record
Deed Document Number20266094311
Prior Transfer DateMay 24, 2011
Prior Transfer Doc0004767833
Record UpdatedSep 20, 2026

April 2026: Warranty Deed, Transfer

Document TypeWarranty Deed
JurisdictionDANE WI
Recording DateApr 22, 2026
Property Address425 STATE ST, MADISON, WI 53703-2022
Document Number0006094311
Instrument DateApr 17, 2026
Instrument2026.6094311
Transaction TypeTransfer
Record UpdatedMay 6, 2026
Title CompanyNONE LISTED ON DOCUMENT

Transaction

AmountAmount Recorded
DownpaymentDownpayment on Record
Loan-to-Value (LTV)LTV on Record
Tax$1,060,500.00
Amount AccuracyFull Amount Stated
Additional
  • Arm's Length
  • Multiple Parcels

Transferred From (Grantor/Seller)

NameVerified Name

Transferred To (Grantee/Buyer)

NameVerified Name
RelationshipLimited Liability Partnership
Address1302 POCAHONTAS DR, MONONA, WI 53716-2962

Mortgage

Document Number0006094312,
DateApr 22, 2026
Instrument2026.6094312
Lender
NameBANK OF DEERFIELD
Agreement
TypeLine of Credit
AmountAmount Recorded
Interest
Rate6.11%
Max Rate-1%

Tax Assessment & Valuation

Source: Dane County assessment roll, as of March 16, 2026

Property Jurisdictions

TypeName
StateWisconsin
CountyDane County
MunicipalityMadison City
Unified School DistrictMadison Metropolitan School District (PK - 12)

Tax Bill & Assessment History

YearTax BillAssessed ValueAssessed Market Value
2025$41,603.00 (+15.04%)$2,087,800 (+1%) Land $215,000 Building $1,872,800
2024$36,163.00 (+8.12%)$1,898,000 (+10.03%) Land $215,000 Building $1,683,000$1,898,000 (+9.41%)
2023$1,725,000 Land $215,000 Building $1,510,000$1,734,714
2022$33,447.00

Assessed value is set for property tax purposes, not a market price estimate; it is a fraction of this property's market value.

Flood

Source: FEMA National Flood Hazard Layer, effective September 20, 2026

FEMA Flood ZoneZone X
minimal risk
Flood Insurance RequirementNot required
lenders may require it

Values are read at the parcel center point; lenders make the official flood determination.

Wildfire

Source: USDA Forest Service Wildfire Risk to Communities (2nd edition), as of 2024

Wildfire RiskNot rated
no burnable land within ember reach

Values cover an area roughly 900 ft across, not the parcel itself; insurers use their own ratings.

Drinking Water

Source: EPA Safe Drinking Water Information System, as of September 2026

Water SystemMADISON WATER UTILITY
serves 272,000 people · EPA ID WI1130224
Water SourceGroundwater
Last State InspectionApr 2023
Lead2 ppb (2023)
action level 15 ppb

Violations Reported to EPA

Water QualityNone
last 10 years
Treatment and ProcedureLead service line inventory
Oct 2024
Monitoring and Reporting1
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.

Internet Providers

Source: FCC Broadband Data Collection, based on 452 locations within half a mile, as of December 31, 2025

ProviderMax Down / Up (Mbps)
Spectrum
Cable · Fiber in parts of the area
1,000 / 1,000
Verizon
Fixed Wireless
1,000 / 75
LiteWire
Fixed Wireless · Fiber in parts of the area
100 / 25
T-Mobile
Fixed Wireless
100 / 20
AT&T
Fixed Wireless · DSL · Fiber in parts of the area
100 / 20

May also be available: Four Lakes Broadband.

Nearby Properties on State St

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