540 E Centralia St, Elkhorn, WI 53121 Property Records

Walworth County property record for 540 E Centralia St, Elkhorn, WI 53121

Property Summary

Property Type	Commercial
Lot Size	2.44 acres (106,504 sqft)
Owner	Company Name on File
Last Sale	$500,000 (Sep 2021)
Tax Bill	$10,118 (2025)
Deeds & Mortgages	Sep 2026 Mortgage Sep 2026 Mortgage + 3 more
Flood Zone	Zone X (minimal risk)
APN	`YV SE 00009`

Property Details

APN / Parcel Number

Primary APN	`YV SE 00009`

Interior

Units	2 Units

Exterior

Lot Area	106,504 sqft (2.44 acres)

Location & Zoning

Street Address	540 E CENTRALIA ST
City	ELKHORN
State	WI
Zip	53121-2045
Property Category	Commercial
Property Type	Commercial > Retail
Legal Description	PT NW 1/4 SEC 6 T2N R17E DESC AS: COM SW COR HARMONY ACRES SUB 1ST ADD, S01D29'W 179.68', S68D56'10"E 465' TO POB, S68D56'10"
Legal Range	17E
Legal Township	02N
Legal Section	06
Legal Subdivision	HARMONY ACRES SUB
Jurisdiction	WALWORTH WI
Township / Civil Division	ELKHORN
Census Block Group	2
Census Block	2013
Census Tract	902

Owner

540 E Centralia St, a commercial property, is owned by a company that bought it in September 2021.

Source: Walworth County records, as of September 10, 2026

Owner of Record	Company Name on File
Mailing Address	W277N1050 WOODSIDE DR, WAUKESHA, WI 53188-1205
Owner Type	Company
Vesting	Company

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

Deeds, Mortgages & Sale History

Date	Document
Sep 2, 2026	Deed of Trust, Mortgage · Conventional Mortgage FORTUNE BANK
Sep 2, 2026	Deed of Trust, Mortgage · Conventional Mortgage FORTUNE BANK
Jan 9, 2023	Deed of Trust, Mortgage · Stand-Alone Second Mortgage FORTE BANK
Sep 2, 2021	Warranty Deed, Construction Loan · Construction Mortgage FORTE BANK
Jan 23, 2020	Deed in Lieu of Foreclosure, Foreclosure

Assessor's Deed Record

Deed Names	Name on Deed
Last Sale	Sep 2, 2021 · Amount on File
Deed Sale	Sep 2, 2021 · Amount on File
Prior Sale	Jan 23, 2020
Deed Document Number	20211045660
Prior Transfer Date	Jan 20, 2020
Prior Transfer Doc	0001003035
Record Updated	Oct 29, 2026

September 2026: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	WALWORTH WI
Recording Date	Sep 2, 2026
Property Address	540 E CENTRALIA ST, ELKHORN, WI 53121-2045
Document Number	0001135518
Instrument Date	Aug 31, 2026
Instrument	20261135518
Transaction Type	Mortgage
Record Updated	Sep 10, 2026
Title Company	NONE LISTED ON DOCUMENT

Transferred To (Grantee/Buyer)

Name	Verified Name
Relationship	Limited Liability Partnership, 266

Mortgage

Document Number	0001135518,
Date	Sep 2, 2026
Instrument	20261135518

Lender

Name	FORTUNE BANK

Agreement

Type	Conventional Mortgage
Amount	Amount on Record

Interest

Max Rate	-1%

September 2026: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	WALWORTH WI
Recording Date	Sep 2, 2026
Property Address	540 E CENTRALIA ST, ELKHORN, WI 53121-2045
Document Number	0001135516
Instrument Date	Aug 31, 2026
Instrument	20261135516
Transaction Type	Mortgage
Record Updated	Sep 10, 2026
Title Company	NONE LISTED ON DOCUMENT

Transferred To (Grantee/Buyer)

Name	Verified Name
Relationship	Limited Liability Partnership, 266

Mortgage

Document Number	0001135516,
Date	Sep 2, 2026
Instrument	20261135516

Lender

Name	FORTUNE BANK

Agreement

Type	Conventional Mortgage
Amount	Amount on Record

Interest

Max Rate	-1%

January 2023: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	WALWORTH WI
Property Address	540 E CENTRALIA ST, ELKHORN, WI 53121-2045
Transaction Type	Mortgage
Record Updated	Jan 24, 2023

Transferred To (Grantee/Buyer)

Name	Verified Name

Mortgage

Document Number	0001073619
Date	Jan 9, 2023
Instrument	1073619

Lender

Name	FORTE BANK
Type	Bank
Address	HARTFORD, WI 53027

Agreement

Type	Stand-Alone Second Mortgage
Amount	Amount on Record

September 2021: Warranty Deed, Construction Loan

Document Type	Warranty Deed
Jurisdiction	WALWORTH WI
Recording Date	Sep 2, 2021
Property Address	540 E CENTRALIA ST, ELKHORN, WI 53121-2045
Document Number	1045660
Instrument Date	Sep 1, 2021
Instrument	1045660
Transaction Type	Construction Loan
Record Updated	Sep 14, 2021

Transaction

Amount	Amount on Record
Loan-to-Value (LTV)	LTV on Record
Tax	$1,500.00
Amount Accuracy	Rounded by County
Additional	Arm's Length

Transferred From (Grantor/Seller)

Name	Verified Name
Address	2601 OAK ST, 2601, SAINT CHARLES, IL 60175-1501

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	540 E CEUTRALIE ST, ELKHORN, WI 53121

Mortgage

Document Number	1045661
Date	Sep 2, 2021
Instrument	1045661

Lender

Name	FORTE BANK
Type	Bank

Agreement

Type	Construction Mortgage
Amount	Amount on Record

January 2020: Deed in Lieu of Foreclosure, Foreclosure

Document Type	Deed in Lieu of Foreclosure
Jurisdiction	WALWORTH WI
Recording Date	Jan 23, 2020
Property Address	540 E CENTRALIA ST, ELKHORN, WI 53121-2045
Document Number	0001003035
Instrument Date	Jan 20, 2020
Instrument	1003035
Transaction Type	Foreclosure
Record Updated	Apr 28, 2022

Transaction

Tax	$0.00
Amount Accuracy	Transfer Tax Exempt

Transferred From (Grantor/Seller)

Name	Verified Name
Address	PO BOX 5010, VERNON HILLS, IL 60061-5010

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	2601 OAK ST, SAINT CHARLES, IL 60175-1501

Tax Assessment & Valuation

The 2025 property tax bill for 540 E Centralia St was $10,118.

Source: Walworth County assessment roll, as of February 10, 2026

Property Jurisdictions

Type	Name
State	Wisconsin
County	Walworth County
Municipality	Elkhorn City
Unified School District	Elkhorn Area School District (KG - 12)

Tax Bill & Assessment History

Year	Tax Bill	Assessed Value	Assessed Market Value
2025	$10,118.00	$693,800 Land $78,400 Building $615,400	$704,253 Land $79,581 Building $624,672
2023	$8,022.00 (-7.6%)	$500,100 (-) Land $78,400 Building $421,700
2022	$8,682.00	$500,100 Land $78,400 Building $421,700	$504,066

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

Flood

FEMA maps place 540 E Centralia St in Zone X, an area of minimal flood risk.

Source: FEMA National Flood Hazard Layer, effective March 2, 2023

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

The area around 540 E Centralia St 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.

Drinking Water

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

Water System	ELKHORN WATERWORKS serves 10,317 people · EPA ID WI2650062
Water Source	Groundwater
Last State Inspection	Aug 2025
Lead	13 ppb (2026) action level 15 ppb

Violations Reported to EPA

Water Quality	Radium resolved · Jan 2021 Arsenic resolved · Oct 2018
Treatment and Procedure	Lead service line replacement Nov 2020
Monitoring and Reporting	None 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. The service area is an EPA estimate; the actual supplier may differ.

Internet Providers

Source: FCC Broadband Data Collection, based on 122 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
TDS Telecom Fiber	1,000 / 1,000

May also be available: Verizon.

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