W4940 Schmidt Rd, Elkhorn, WI 53121 Property Records

Walworth County property record for W4940 Schmidt Rd, Elkhorn, WI 53121

Property Summary

Property Type	Commercial
Lot Size	1.98 acres (86,510 sqft)
Owner	Company Name on File
Tax Bill	$15,521 (2025)
Deeds & Mortgages	Jan 2017 Line of Credit
Flood Zone	Zone X (minimal risk)
APN	`YA329600001`

Property Details

APN / Parcel Number

Primary APN	`YA329600001`

Exterior

Lot Area	86,510 sqft (1.98 acres)

Location & Zoning

Street Address	W4940 SCHMIDT RD
City	ELKHORN
State	WI
Zip	53121
Property Category	Commercial
Property Type	Commercial > Retail
Legal Description	LOT 1 CERTIFIED SURVEY NO. 3296 AS RECORDED IN VOL 18 OF C.S. ON PAGE 249 WCR. LOCATED IN SE 1/4 NE 1/4 SEC 24 T3N R16E. EXC
Legal Range	16E
Legal Township	03N
Legal Section	24
Legal Lot Number	1
Jurisdiction	WALWORTH WI
Township / Civil Division	ELKHORN
Census Block Group	2
Census Block	2064
Census Tract	304

Owner

W4940 Schmidt Rd, a commercial property, is owned by a company.

Source: Walworth County records, as of February 9, 2026

Owner of Record	Company Name on File
Mailing Address	1950 N WISCONSIN ST STE 2A, 2A, ELKHORN, WI 53121-4524
Owner Type	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

Assessor's Deed Record

Deed Names	Name on Deed
Record Updated	Jun 8, 2026

January 2017: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	WALWORTH WI
Property Address	W4940 SCHMIDT RD, ELKHORN, WI 53121
Transaction Type	Mortgage
Record Updated	Feb 5, 2021

Transferred To (Grantee/Buyer)

Name	Verified Name

Mortgage

Document Number	940524
Date	Jan 27, 2017
Instrument	940524

Lender

Name	PEOPLES BANK
Type	Bank
Address	ELKHORN, WI 53121

Agreement

Type	Line of Credit
Amount	Amount on Record

Interest

Rate Type	Adjustable Rate
Change Frequency	Monthly

Tax Assessment & Valuation

The 2025 property tax bill for W4940 Schmidt Rd was $15,521.

Source: Walworth County assessment roll, as of January 1, 2025

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	$15,521.00	$1,080,100 Land $48,200 Building $1,031,900	$1,096,373 Land $48,926 Building $1,047,447
2023	$11,760.00 (+9.39%)	$747,000 (+18.46%) Land $48,200 Building $698,800
2022	$10,751.00	$630,600 Land $48,200 Building $582,400	$635,601

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

Flood

FEMA maps place W4940 Schmidt Rd in Zone X, an area of minimal flood risk, within 500 ft of a high-risk flood zone.

Source: FEMA National Flood Hazard Layer, effective March 2, 2023 · OpenFEMA NFIP redacted claims and policies, as of September 2026

FEMA Flood Zone	Zone X minimal risk
Nearest Special Flood Hazard Area	Zone A, within 500 ft
Flood Insurance Requirement	Not required lenders may require it
Nearby Flood Policies	2 in force

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.

Wildfire

Wildfire risk around W4940 Schmidt Rd is low, with less than a 0.01% annual chance of wildfire.

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

Wildfire Risk	Low lower than 94% of the US · lower than 85% of Wisconsin
Wildfire Likelihood	Under 0.01% annual chance
Exposure	Direct burnable vegetation

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

Internet Providers

Source: FCC Broadband Data Collection, based on 50 locations within half a mile, as of December 31, 2025

Provider	Max Down / Up (Mbps)
Edge Broadband Fiber	1,000 / 1,000
TDS Telecom Fiber	1,000 / 1,000
Spectrum Fiber	1,000 / 1,000
Verizon Fixed Wireless	300 / 20