Active

Price cut: $15K (11/11)

$550,000

4505 Tokay Blvd, Madison, WI 53711

3beds

2,357sqft

$4,015/mo

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Single Family Residence

Built in 1956

9,147 Square Feet Lot

$546,400 Zestimate^®

$233/sqft

$-- HOA

What's special

New price, and real progress on the two questions buyers ask about a 1956 home: the energy-efficient Low-E windows are already in, and the seller is replacing the heating system. At 2,357 finished sq ft, this Midvale Heights home offers rare room for a three-bedroom. All three bedrooms are on the main level, along with a sunroom, two wood-burning fireplaces, hardwood floors, and a kitchen with breakfast bar, pantry and double ovens. The partially finished lower level has new carpet and walks out to the deck and fenced yard, where the seller has completed new landscaping at the walkout. Two-car garage. Seller-provided UHP Home Warranty, Ultimate package. Sequoya Library is on the same street, with four Metro routes within 0.1 mile.

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Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 2
Full bathrooms: 1
1/2 bathrooms: 1
Main level bathrooms: 1

Primary bedroom

Level: Main
Area: 168
Dimensions: 12 x 14

Bedroom 2

Level: Main
Area: 120
Dimensions: 10 x 12

Bedroom 3

Level: Main
Area: 156
Dimensions: 12 x 13

Family room

Area: 442
Dimensions: 17 x 26

Kitchen

Features: Breakfast Bar, Dishwasher, Disposal, Microwave, Pantry, Refrigerator
Level: Main
Area: 120
Dimensions: 10 x 12

Living room

Level: Main
Area: 405
Dimensions: 15 x 27

Heating

Baseboard, Forced Air

Appliances

Included: Washer, Dryer

Features

Great room, At Least 1 tub, Walk thru bedroom, Sun Room, Den/Office
Windows: Low Emissivity Windows, Window Coverings
Basement: Full,Partially Finished
Number of fireplaces: 2
Fireplace features: 2 fireplaces, Wood Burning

Interior area

Total structure area: 2,357
Total interior livable area: 2,357 sqft
Finished area above ground: 1,557

Property

Parking

Total spaces: 2
Parking features: 2 car, Garage Door Opener
Garage spaces: 2
Has uncovered spaces: Yes

Features

Levels: One
Stories: 1
Patio & porch: Deck, Covered, Enclosed
Fencing: Fenced

Lot

Size: 9,147 Square Feet
Dimensions: 77X120
Features: Near Public Transit, Sidewalk

Details

Parcel number: 070929405201
Zoning: Res

Construction

Type & style

Home type: SingleFamily
Architectural style: Ranch
Property subtype: Single Family Residence

Materials

Stone

Condition

Year built: 1956

Utilities & green energy

Sewer: Public Sewer
Water: Public

Community & HOA

Community

Subdivision: Midvale Heights

Location

Region: Madison

Financial & listing details

Price per square foot: $233/sqft
Tax assessed value: $528,700
Annual tax amount: $9,498
Date on market: 8/23/2026
Inclusions: Refrigerator, microwave, double oven, range, washer, dryer, disposal
Exclusions: Sellers Personal Property

Estimated market value

$546,400

$519,000 - $574,000

$2,674/mo

Price history

Date	Event	Price
11/11/2026	Price change	$550,000-2.7%$233/sqft
Source: SCWMLS #2025670 Report a problem
10/7/2026	Price change	$565,000-3.4%$240/sqft
Source: SCWMLS #2025670 Report a problem
8/27/2026	Listed for sale	$585,000$248/sqft
Source: SCWMLS #2025670 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$9,498 -5.5%	$528,700 +3%
2024	$10,048 +2%	$513,300 +5%
2023	$9,850	$488,900 +14%
2022	--	$428,900 +13%
2021	--	$379,600 +7%
2020	--	$354,800 +4%
2019	$6,916	$341,200 +7%
2018	$6,916 +2.7%	$318,900 +7%
2017	$6,735 +5.1%	$298,000 +7%
2016	$6,405 +3.1%	$278,500 +5.1%
2014	$6,211 +6.8%	$265,000 +5%
2013	$5,818 -1.8%	$252,400
2012	$5,926 +1.9%	$252,400 -3%
2011	$5,818 +3.6%	$260,200
2010	$5,617 +8.1%	$260,200
2009	$5,198 +5.2%	$260,200
2008	$4,939 -1.4%	$260,200
2007	$5,010 0%	$260,200
2006	$5,010 +3%	$260,200 +9%
2005	$4,863 +3.1%	$238,700 +10%
2004	$4,717 +0.7%	$217,000
2003	$4,685 +6.6%	$217,000 +13.4%
2002	$4,397 +6.1%	$191,400 +11%
2001	$4,145 +3.8%	$172,400 +7%
2000	$3,993	$161,100