604 State St, Madison, WI 53703 Property Records

Dane County property record for 604 State St, Madison, WI 53703

Property Summary

Property TypeCommercial
Details153,684 sqft · built 1964
Lot Size0.497 acres (21,645 sqft)
OwnerCompany Name on Record
Last Sale$27,711,000 (Mar 2026)
Tax Bill$700,055 (2025)
Deeds & MortgagesMay 2026 Construction Loan
Mar 2026 Sale
+ 1 more
Flood ZoneZone X (minimal risk)
APN0709-143-0213-1

Property Details

APN / Parcel Number

Primary APN0709-143-0213-1

Interior

Units462 Units
Stories10 Stories
Building Area153,684 sqft Gross Area
1st Floor Area20,168 sqft
Basement Area21,249 sqft
FlooringWood
Interior WallsWallboard/Drywall

Exterior

Year BuiltBuilt 1964
Effective Year BuiltEffective 2010
Exterior MaterialBrick
Foundation TypeConcrete
Roof TypeFlat
Roof MaterialTar & Gravel
Lot Area21,645 sqft (0.497 acres)
View / LotTraffic
DrivewayAsphalt Driveway

Utilities, Heating & Cooling

Cooling SystemWindow A/C
SewerMunicipal
Water SourceCommercial

Location & Zoning

Street Address502 N FRANCES ST
CityMADISON
StateWI
Zip53703-1082
Property CategoryCommercial
Property TypeCommercial > Retail
Local Zoning CodeDC
Legal DescriptionCERTIFIED SURVEY MAP NO 14188 AS RECORDED IN DANE COUNTY REGISTER OF DEEDS IN VO L 96 PAGE 96 OF CERTIFIED SURVEYS, LOT 1.
Legal Range09E
Legal Township07N
Legal Section14
Legal Quarter3
Legal SubdivisionCERTIFIED SURVEY MAP NO 14188 AS
Legal Block7
Legal Lot Number96
JurisdictionDANE WI
Township / Civil DivisionMADISON
Census Block Group1
Census Block1001
Census Tract1604

Owner

Source: Dane County records, as of June 2, 2026

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

Owner of RecordCompany Name on Record
Mailing Address502 N FRANCES ST, MADISON, WI 53703-1082
Owner TypeCompany
VestingLimited Liability Partnership

Deeds, Mortgages & Sale History

DateDocument
May 18, 2026Deed of Trust, Mortgage · Construction Mortgage
MIDCAP FINANCIAL
Mar 3, 2026Special Warranty Deed, Transfer
Dec 7, 2017Grant Deed, Transfer
WALKER & DUNLOP

Assessor's Deed Record

Deed NamesName on Deed
Last SaleMar 3, 2026 · Amount on Record
Deed SaleMar 3, 2026 · Amount on Record
Prior SaleDec 7, 2017 · Amount on Record
Deed Document Number20266083528
Prior Transfer DateSep 3, 2013
Prior Transfer Doc0005025706
Record UpdatedOct 29, 2026

May 2026: Deed of Trust, Mortgage

Document TypeDeed of Trust
JurisdictionDANE WI
Recording DateMay 18, 2026
Property Address502 N FRANCES ST, MADISON, WI 53703-1082
Document Number0006099545
Instrument DateMay 15, 2026
Instrument20266099545
Transaction TypeMortgage
Record UpdatedJul 12, 2026
Title CompanyNONE LISTED ON DOCUMENT

Transferred To (Grantee/Buyer)

NameVerified Name
RelationshipLimited Liability Partnership, 266

Mortgage

Document Number0006099545,
DateMay 18, 2026
Instrument20266099545
Lender
NameMIDCAP FINANCIAL
Agreement
TypeConstruction Mortgage
AmountAmount Recorded
Interest
Rate6.3%
Max Rate-1%

March 2026: Special Warranty Deed, Transfer

Document TypeSpecial Warranty Deed
JurisdictionDANE WI
Recording DateMar 3, 2026
Property Address604 STATE ST, MADISON, WI 53703-1016
Document Number0006083528
Map ReferenceVOL 96 PG 96-99
Instrument DateMar 2, 2026
Instrument6083528
Transaction TypeTransfer
Record UpdatedMay 25, 2026

Transaction

AmountAmount Recorded
Tax$83,133.00
Amount AccuracyRounded by County
Additional
  • Arm's Length

Transferred From (Grantor/Seller)

NameVerified Name

Transferred To (Grantee/Buyer)

NameVerified Name

December 2017: Grant Deed, Transfer

Document TypeGrant Deed
JurisdictionDANE WI
Recording DateDec 7, 2017
Property Address502 N FRANCES ST, MADISON, WI 53703-1082
Document Number0005376681
Instrument DateNov 29, 2017
Instrument5376681
Transaction TypeTransfer
Record UpdatedJan 3, 2018
Title CompanyFIRST AMERICAN TITLE

Transaction

AmountAmount Recorded
DownpaymentDownpayment on Record
Loan-to-Value (LTV)LTV on Record
Tax$97,503.00
Additional
  • Arm's Length

Transferred From (Grantor/Seller)

NameVerified Name

Transferred To (Grantee/Buyer)

NameVerified Name
RelationshipCompany
Address555 THEODORE FREMD AVE #B302 RYE NY 105801455, B302, RYE, NY 10580-1455

Mortgage

Document Number5376726
DateDec 7, 2017
Instrument5376726
Lender
NameWALKER & DUNLOP
Address7501 WISCONSIN AVE # 1200E, BETHESDA, MD 20814-6531
Agreement
AmountAmount Recorded

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$700,055.00 (+12.45%)$36,514,800 (+7%) Land $4,150,000 Building $32,364,800
2024$622,525.00 (+3.02%)$34,126,000 (+5%) Land $4,150,000 Building $29,976,000$34,126,000 (+4.41%)
2023$32,501,000 Land $4,150,000 Building $28,351,000$32,684,031
2022$604,247.00

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 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 48 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
AT&T
Fixed Wireless · DSL
100 / 20
T-Mobile
Fixed Wireless
100 / 20

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