Active

$130,000

2406 Independence Ln APT 203, Madison, WI 53704

1beds

675sqft

$1,119/mo

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Condominium

Built in 1974

-- sqft lot

$139,900 Zestimate^®

$193/sqft

$152/mo HOA

What's special

Move-in ready 1-bedroom top-floor condo on Madison’s far east side! This sun-filled 2nd-floor walkup in Stonebridge Condominiums shines. Enjoy newer cabinetry, countertops, appliances, carpet, vinyl flooring, lighting, and fresh designer paint throughout. Upgraded windows, sliding patio door, and window coverings bring in bright afternoon sun while keeping utility costs low—especially with heat included in your condo fees! Don't overlook the Wine/beverage cooler. Easy parking for 2 vehicles and a guest as well. Residents enjoy fantastic on-site amenities including a swimming pool, fitness center, and sauna. Unbeatable commuter location just minutes from East Towne Mall, I-90/94, bus lines, MATC, UW, and the Isthmus. Vacant and ready for quick occupancy—stop paying rent and start building equity in this updated gem!

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Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 1
Bathrooms: 1
Full bathrooms: 1
Main level bathrooms: 1

Primary bedroom

Level: Main
Area: 143
Dimensions: 11 x 13

Dining room

Level: Main
Area: 120
Dimensions: 12 x 10

Kitchen

Features: Breakfast Bar, Range/Oven, Refrigerator, Dishwasher, Microwave, Disposal
Level: Main
Area: 72
Dimensions: 8 x 9

Living room

Level: Main
Area: 312
Dimensions: 12 x 26

Heating

Radiant

Appliances

Laundry: Common Area

Features

Storage Unit Inc
Basement: None
Has fireplace: No

Interior area

Total structure area: 675
Total interior livable area: 675 sqft
Finished area above ground: 675

Property

Parking

Parking features: 2+ spaces assigned, Outside, Assigned, Asphalt, Paved

Features

Patio & porch: Deck/Balcony
Pool features: Community Outdoor Pool

Details

Parcel number: 081028118439
Zoning: SR-V2

Construction

Type & style

Home type: Condo
Property subtype: Condominium

Materials

Vinyl Siding, Brick

Condition

Year built: 1974

Utilities & green energy

Sewer: Public Sewer
Water: Public

Community & HOA

Community

Features: Clubhouse, Common Green Space, Fitness Center, Sauna, Close to busline
Security: Smoke Detector(s)

HOA

Has HOA: Yes
Services included: Common area insurance, Common area maintenance, Heat, Hot Water, Reserve fund, Snow Removal, Trash, Water/Sewer
HOA fee: $152 monthly

Location

Region: Madison

Financial & listing details

Price per square foot: $193/sqft
Tax assessed value: $125,900
Annual tax amount: $2,258
Date on market: 11/11/2026
Listing terms: FHA
Inclusions: Range/ Oven, Refrigerator, Microwave, Dishwasher, Disposer, Wine Chiller, Window Coverings, Storage unit, 2 parking spots, 1 visitor parking spot Access to pool and exercise building.

Estimated market value

$139,900

$129,000 - $151,000

$1,274/mo

Price history

Date	Event	Price
11/11/2026	Listed for sale	$130,000+122.2%$193/sqft
Source: SCWMLS #2036264 Report a problem
11/13/2015	Sold	$58,500-20.3%$87/sqft
Source: SCWMLS #1759221 Report a problem
3/29/2005	Sold	$73,400$109/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$2,258 -1.1%	$125,900 +8%
2024	$2,282 +4.9%	$116,600 +8%
2023	$2,176	$108,000 +13.1%
2022	--	$95,500 +10%
2021	--	$86,800 +9%
2020	--	$79,600 +6%
2019	$1,548	$75,100 +4%
2018	$1,548 +11.7%	$72,200 +15%
2017	$1,386 +10.8%	$62,800 +3%
2016	$1,251 +3.1%	$61,000 +14.4%
2014	$1,214 -20.7%	$53,300 -10%
2013	$1,530 -5%	$59,200 -15.1%
2012	$1,611 +5.3%	$69,700
2011	$1,530 +3.8%	$69,700
2010	$1,474 +2.6%	$69,700 -5%
2009	$1,438 +3.4%	$73,400
2008	$1,391 -3.6%	$73,400
2007	$1,442 -0.3%	$73,400
2006	$1,446 -0.5%	$73,400 +5%
2005	$1,453	$69,900
2004	--	--