Downtown Madison Charming Bungalow Cottage has a great locale, just a blk to James Madison Park, Lake Mendota and a couple blocks to the Capitol Square offering the ultimate walkable neighborhood. This home either needs some TLC or could be a good tear down to create multifamily or residential home, lot is 33x99. Hardwood floors, large living room w/wood stove, dining room with patio doors leading out to a deck with tons of perennial gardens. Upstairs offers a bedroom area and sitting room and bath w/a skylight. Newer roof and windows are approx 15 years old. Bring your ideas, the potential is there, just needs a little creativity!
Sold
$250,000
132 N Franklin St, Madison, WI 53703
1beds
953sqft
Single Family Residence
Built in 1873
3,484 Square Feet Lot
$260,400 Zestimate®
$262/sqft
$1,411 Estimated rent
Home value
$260,400
$245,000 - $276,000
$1,411/mo
Zestimate® history
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$1,726/mo
Est. payment
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Est. payment
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Zillow last checked:
Listing updated:
Listed by:
Liz Lauer,
Lauer Realty Group, Inc.
Bought with:
Liz Lauer, 56139-90
Lauer Realty Group, Inc.
Source: SCWMLS,MLS#: 2005903
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 1
- Bathrooms: 1
- Full bathrooms: 1
- Main level bathrooms: 1
Primary bedroom
- Level: Upper
- Area: 143
- Dimensions: 13 x 11
Dining room
- Level: Main
- Area: 117
- Dimensions: 13 x 9
Kitchen
- Features: Range/Oven, Refrigerator
- Level: Main
- Area: 117
- Dimensions: 13 x 9
Living room
- Level: Main
- Area: 273
- Dimensions: 21 x 13
Heating
- Forced Air
Appliances
- Included: Washer, Dryer, Water Softener Included
Features
- At Least 1 tub, Den/Office
- Windows: Skylight(s)
- Basement: Partial,Crawl Space
- Number of fireplaces: 1
- Fireplace features: 1 fireplace, Free Standing, Wood Burning
Interior area
- Total structure area: 953
- Total interior livable area: 953 sqft
- Finished area above ground: 953
Property
Parking
- Parking features: No Garage
- Has uncovered spaces: Yes
Features
- Levels: One and One Half
- Stories: 1.5
- Patio & porch: Deck
- Fencing: Fenced
Lot
- Size: 3,484 Square Feet
- Features: Near Public Transit
Details
- Parcel number: 070913321299
- Zoning: R5
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Bungalow
- Property subtype: Single Family Residence
Materials
- Wood Siding
Condition
- Year built: 1873
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Location
- Region: Madison
Financial & listing details
- Price per square foot: $262/sqft
- Tax assessed value: $277,100
- Annual tax amount: $4,171
- Date on market: 8/4/2025
- Listing terms: Arms Length
- Inclusions: refrigerator, range, water softener, washer & dryer
- Exclusions: Sellers personal property.
Price history
| Date | Event | Price |
|---|---|---|
| 9/25/2025 | Sold | $250,000-9.1%$262/sqft |
Source: Public Record Report a problem | ||
| 9/16/2025 | Pending sale | $275,000$289/sqft |
Source:  WIREX MLS #2005903 Report a problem | ||
| 8/15/2025 | Contingent | $275,000$289/sqft |
Source: WIREX MLS #2005903 Report a problem | ||
| 8/14/2025 | Listed for sale | $275,000$289/sqft |
Source: WIREX MLS #2005903 Report a problem | ||
| 8/11/2025 | Contingent | $275,000$289/sqft |
Source: WIREX MLS #2005903 Report a problem | ||
| 8/4/2025 | Listed for sale | $275,000$289/sqft |
Source: WIREX MLS #2005903 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $4,931 +6.9% | $251,900 +10% |
| 2023 | $4,614 | $229,000 +6% |
| 2022 | -- | $216,000 +15% |
| 2021 | -- | $187,800 +3% |
| 2020 | -- | $182,300 |
| 2019 | $3,155 | $182,300 +20% |
| 2018 | $3,155 -5.2% | $151,900 |
| 2017 | $3,327 +6% | $151,900 +10% |
| 2016 | $3,139 +0.1% | $138,100 |
| 2014 | $3,137 +8.5% | $138,100 +6% |
| 2013 | $2,891 -2.7% | $130,300 |
| 2012 | $2,971 +5.2% | $130,300 |
| 2011 | $2,826 +3.6% | $130,300 |
| 2010 | $2,726 +14% | $130,300 +5.3% |
| 2009 | $2,392 +4.7% | $123,800 |
| 2008 | $2,284 -2% | $123,800 |
| 2007 | $2,330 +0.3% | $123,800 |
| 2006 | $2,323 +3.7% | $123,800 +10% |
| 2005 | $2,240 +3.5% | $112,500 +10% |
| 2004 | $2,165 +5.6% | $102,300 |
| 2003 | $2,050 +3.3% | $102,300 +15.5% |
| 2002 | $1,985 +10.3% | $88,600 +15.1% |
| 2001 | $1,800 +6.6% | $77,000 +10% |
| 2000 | $1,688 | $70,000 |
Find assessor info on the county website
Neighborhood: Capitol
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Nearby schools
GreatSchools rating
- NALapham Elementary SchoolGrades: PK-2Distance: 0.7 mi
- 8/10O'keeffe Middle SchoolGrades: 6-8Distance: 1.4 mi
- 8/10East High SchoolGrades: 9-12Distance: 1.8 mi
Schools provided by the listing agent
- Elementary: Lapham/Marquette
- Middle: OKeeffe
- High: East
- District: Madison
Source: SCWMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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Estimated market value
$260,400
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Estimated market value
$260,400
- Wisconsin
- Dane County
- Madison
- 53703
- Capitol
- 132 N Franklin St
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