$275,000
UNDER CONTRACT

505 W Prospect St Lake Mills, WI 53551

Estimated payment $1,818/month

Total Views 7,089
2 Beds
3 Baths
1,398 Sq Ft
$197 Price per Sq Ft

Highlights

  • Popular Property
  • Recreation Room
  • Wood Flooring
  • Deck
  • Ranch Style House
  • Den

About This Home

Welcome to this charming Lake Mills home on a quiet street, offering the perfect blend of updates and a warm, inviting feel. Inside, you’ll find a beautifully renovated kitchen and bath, new flooring in the living room, and refinished hardwoods in the dining area. Step out to a covered deck—perfect for relaxing or entertaining. The walk-out lower level includes a spacious rec room, which could be a potential third bedroom. Plus an office space, half bath, and plenty of storage. Enjoy multiple outdoor spaces including a patio, second deck, and a great yard—just a short walk to Rock Lake, schools, and downtown. This home is well-maintained and move-in ready! Tired of renting? We have local lenders who offer low or no-money-down loan options.

Listing Agent

Laura Staude Flood

EXP Realty, LLC Brokerage Phone: 920-988-9767 License #52477-90 Listed on: 06/19/2025

EXP Realty, LLC

Co-Listing Agent

SCWMLS Non-Member

South Central Non-Member Brokerage Phone: 920-988-9767

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1960

Lot Details

  • 10,454 Sq Ft Lot

Parking

  • 2 Car Detached Garage

Home Design

  • Ranch Style House
  • Vinyl Siding

Interior Spaces

  • Den
  • Recreation Room
  • Wood Flooring

Kitchen

  • Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Bathtub

Laundry

  • Laundry on lower level
  • Dryer
  • Washer

Partially Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Outdoor Features

  • Deck
  • Patio

Schools

  • Lake Mills Elementary And Middle School
  • Lake Mills High School

Utilities

  • Forced Air Cooling System
  • High Speed Internet
  • Cable TV Available

Home Details

Home Type

Single Family

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Municipality: Lake Mills
  • Status Detail: Offer-Show
  • Mailing City: Lake Mills
  • Class: Single Family
  • Type: Single Family
  • Type Of Property: 1 story
  • Architecture: Ranch
  • Items Excluded: Microwave and sellers personal property.
  • Items Included: Oven/range, refrigerator, dishwasher, washer/dryer.
  • Year Built: 1960
  • Above Grade Price Per Sq Ft: 301.54
  • Reso Accessibility Features: Open floor plan, First floor bedroom, First floor full bath
  • Special Features: UnderContract
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Above Grade Finished Sq Ft: 912
  • Finished Non Exp Sq Ft: 499
  • Finished Sq Ft: 1398
  • Bedrooms: 2
  • Total Bathrooms: 1.5
  • Main Level Full Bathrooms: 1
  • Main Half Bathrooms: 1
  • Lower Level Half Bathrooms: 1
  • Total Full Bathrooms: 1
  • Total Half Bathrooms: 2
  • Master Bedroom: Dimensions: 13x11, On Level: M
  • Bedroom 2: Dimensions: 9x10, On Level: M
  • Kitchen: Dimensions: 11x11, On Level: M
  • Kitchen Features: Range/Oven, Refrigerator, Dishwasher
  • Living Room: Dimensions: 19x13, On Level: M
  • Dining Room: Dimensions: 9x11, On Level: M
  • Other Rooms: Den/Office, Rec Room
  • Other Room 1: Den/Office, Dimensions: 16x8, On Level: L
  • Other Room 2: Rec Room, Dimensions: 22x16, On Level: L
  • Laundry: On Level: L
  • Basement: Full, Walkout to yard, Partially finished
  • Interior Amenities: Wood or sim. wood floor, Washer, Dryer, Cable available, At Least 1 tub, Internet - Cable
  • Primary Bedroom Bathrooms: None

Exterior Features

  • Exterior: Vinyl
  • Exterior Features: Deck, Patio

Garage/Parking

  • Driveway: Paved
  • Garage: 2 car, Detached
  • Total Full Garage Stalls: 2

Utilities

  • Fuel: Natural gas
  • Heating Cooling: Forced air, Central air
  • Water Waste: Municipal water, Municipal sewer

Schools

  • School District: Lake Mills
  • Elementary School: Lake Mills
  • Middle School: Lake Mills
  • High School: Lake Mills
  • Elementary School: Lake Mills
  • High School: Lake Mills
  • Middle School: Lake Mills
  • School District: Lake Mills

Lot Info

  • Assessor Parcel Number: 246-0713-1142-024
  • Estimated Aces: 0.24
  • Zoning: Res
  • Geo Subdivision: WI

Tax Info

  • Land Assessment: 41100
  • Improvements: 125000
  • Total Assessment: 166100
  • Assessment year: 2024
  • Net Taxes: 337321
  • Tax Year: 2024

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $3,584 $166,100 $41,100 $125,000
2023 $3,665 $166,100 $41,100 $125,000
2022 $3,287 $166,100 $41,100 $125,000
2021 $3,207 $166,100 $41,100 $125,000
2020 $3,149 $166,100 $41,100 $125,000
2019 $3,169 $166,100 $41,100 $125,000
2018 $3,147 $146,500 $40,600 $105,900
2017 $3,149 $146,500 $40,600 $105,900
2016 $3,177 $146,500 $40,600 $105,900
2015 $3,202 $146,500 $40,600 $105,900
2014 $3,215 $146,500 $40,600 $105,900
2013 $3,293 $146,500 $40,600 $105,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/19/2025 06/19/25 For Sale $275,000 -- $197 / Sq Ft
Source: South Central Wisconsin Multiple Listing Service

Purchase History

Date Type Sale Price Title Company
Warranty Deed $139,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $56,500 New Conventional
Closed $59,400 New Conventional
Closed $70,000 New Conventional
Source: Public Records

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Source: South Central Wisconsin Multiple Listing Service

MLS Number: 2002495

South Central Wisconsin Multiple Listing Service

APN: 246-0713-1142-024