506 State St, Madison, WI 53703 Property Records

Dane County property record for 506 State St, Madison, WI 53703

Property Summary

Property Type	Restaurant
Details	6,624 sqft · built 1890
Lot Size	0.187 acres (8,176 sqft)
Owner	Company Name on Record
Last Sale	$1,550,000 (Jan 2008)
Tax Bill	$36,694 (2024)
Deeds & Mortgages	Dec 2018 Mortgage
Flood Zone	Zone X (minimal risk)
APN	`0709-144-2022-2`

Property Details

APN / Parcel Number

Primary APN	`0709-144-2022-2`

Interior

Stories	2 Stories
Building Area	6,624 sqft Total Area
1st Floor Area	6,282 sqft
2nd Floor Area	4,723 sqft
Flooring	Carpet
Interior Walls	Wallboard/Drywall

Exterior

Year Built	Built 1890
Effective Year Built	Effective 1900
Exterior Material	Brick
Foundation Type	Concrete
Roof Material	Asphalt
Lot Area	8,176 sqft (0.187 acres)
Total Buildings	2 Buildings

Utilities, Heating & Cooling

Sewer	Municipal
Water Source	Commercial

Location & Zoning

Street Address	506 STATE ST
City	MADISON
State	WI
Zip	53703-1076
Property Category	Commercial
Property Type	Commercial > Retail > Restaurant
Local Zoning Code	DC
Legal Description	ORIGINAL PLAT, BLK 59, PART OF LOTS 23 & 24, BEG 22 FT W FROM GILMAN ST, TH N 12 0.9 FT M/L, TH NW TO NW LN OF LOT 23, TH SW
Legal Range	09
Legal Township	07
Legal Section	14
Legal Subdivision	MADISON
Legal Block	59
Legal Lot Number	23 24
Jurisdiction	DANE WI
Township / Civil Division	MADISON
Census Block Group	1
Census Block	1000
Census Tract	1604

Owner

Source: Dane County records, as of January 22, 2026

Owner names and exact recorded amounts shown locked on this page are available instantly with a free trial.

Owner of Record	Company Name on Record
Mailing Address	101 N MILLS ST, MADISON, WI 53715-1136
Owner Type	Company

Deeds, Mortgages & Sale History

Assessor's Deed Record

Deed Names	Name on Deed
Last Sale	Jan 9, 2008 · Amount on Record
Deed Sale	Jan 9, 2008 · Amount on Record
Deed Document Number	4387217
Record Updated	Jun 8, 2026

December 2018: Grant Deed, Mortgage

Document Type	Grant Deed
Jurisdiction	DANE WI
Recording Date	Dec 4, 2018
Property Address	506 STATE ST, MADISON, WI 53703-1076
Instrument Date	Dec 3, 2018
Instrument	5457982
Transaction Type	Mortgage
Record Updated	Dec 20, 2018

Transaction

Tax	$0.00
Additional	Multiple Parcels

Transferred To (Grantee/Buyer)

Name	Verified Name
Relationship	Company
Address	411 W MAIN ST MADISON WI 537033103, MADISON, WI 53703-3103

Mortgage

Document Number	0005457982
Date	Dec 4, 2018
Instrument	5457982

Lender

Name	MONONA BK
Address	5515 MONONA DR, MONONA, WI 53716-3130

Agreement

Amount	Amount Recorded

Tax Assessment & Valuation

Source: Dane County assessment roll, as of January 1, 2024

Property Jurisdictions

Type	Name
State	Wisconsin
County	Dane County
Municipality	Madison City
Unified School District	Madison Metropolitan School District (PK - 12)

Tax Bill & Assessment History

Year	Tax Bill	Assessed Value	Assessed Market Value
2024	$36,694.00 (-1.31%)	$1,877,000 (+3.99%) Land $448,000 Building $1,429,000	$1,877,000
2023		$1,805,000 Land $448,000 Building $1,357,000
2022	$37,180.00

Assessed value and assessed market value are set for property tax purposes and are not market price estimates.

Flood

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

FEMA Flood Zone	Zone X minimal risk
Flood Insurance Requirement	Not 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 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.

Drinking Water

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

Violations Reported to EPA

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.

Internet Providers

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

Provider	Max 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.

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