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5418 Old Middleton Rd APT 301, Madison, WI, 53705

3beds
3baths
2,548sqft
$625,000
$245price/sqft
$4,556/moest. monthly cost
$182,240/yrincome needed

About This Home

Some homes you live in, some you never want to leave. This top-floor residence at Highlands Abbey is the latter. Soaring ceilings, hardwood floors throughout, and a south-facing balcony that floods the space with natural light year-round. The freestanding gas fireplace anchors the living room and glows from every angle. A dramatic open loft makes the third bedroom feel like its own retreat. Dedicated office, three full baths, 2,500 sq ft of lovingly maintained space. Two-car underground heated parking. HOA covers water, snow, and trash. Elevator building. All of it just steps from Hilldale, minutes to UW, top hospitals, and Lake Mendota. This is what Madison living looks like at its best.

Getting Around

27
WalkingCar-Dependent
43
TransitSome Transit
74
BikeVery Bikeable

Schools

5/10
5/10
Jefferson Middle SchoolGrades 6-81.5 mi
8/10
Memorial High SchoolGrades 9-121.6 mi

Construction

Condition

  • Year built: 1996

Materials

  • Construction materials: Brick,Stone

Type & Style

  • Home type: Condo
  • Property subType: Condominium

Interior

Appliances

  • Appliances included: Washer,Dryer,Water softener included
  • Laundry features: Main Level

Basement

  • Basement: None

Bedroom2

  • Level: Upper
  • Area: 195

Bedroom3

  • Level: Upper
  • Area: 224

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 3
  • Full bathrooms: 3
  • Main level bathrooms: 3

Dining Room

  • Level: Main
  • Area: 100

Family Room

  • Area: 168

Features

  • Walk-In Closet(s),Vaulted Ceiling(s),Jetted bathtub,At Least 1 tub
  • Window features: Skylight(s)
  • Flooring: Wood or sim. wood floors
  • Fireplace features: Gas
  • Fireplace: Yes
  • Finished area above ground: 2,548

Heating & Cooling

  • Heating features: Forced Air
  • Cooling features: Central Air

Interior Area

  • Total structure area: 2,548
  • Total interior livable area: 2,548 sqft

Kitchen

  • Features: Range/Oven,Refrigerator,Dishwasher,Microwave,Disposal
  • Level: Main
  • Area: 91

Living Room

  • Level: Main
  • Area: 240

Master Bedroom

  • Level: Main
  • Area: 195

Property

Details

  • Parcel number: 070919228100
  • Zoning: PUDSIP
  • Other equipment: Intercom
  • Exclusions: Sellers personal items.

Features

  • Patio & porch: Deck/Balcony

Parking

  • Parking features: Underground,Heated Garage,2+ spaces assigned,Garage Door Opener
  • Has garage: Yes

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Cold Wave
    Cold WaveRelatively High
  • Hail
    HailRelatively High
  • Inland Flooding
    Inland FloodingRelatively High
  • Heat Wave
    Heat WaveModerate
  • Lightning
    LightningModerate
  • Strong Wind
    Strong WindModerate
  • Tornado
    TornadoModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Cold Wave
Hail
Inland Flooding
Heat Wave
Lightning
Strong Wind
Tornado
Winter Weather

FEMA Declared Disasters Across Wisconsin Counties

Flood
Severe Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $3,160$37,920
Home Insurance *$160$1,920
Property Taxes $997$11,964
Electricity $239$2,873
Total$4,556$54,672
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$156,205/yr
40% on housing$136,680/yr
45% on housing$121,493/yr

Wisconsin FAIR Plan Programs

Wisconsin Insurance Plan

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 5,246Commercial: 198
Total Premiums$4.55M
Total Exposure$860.28M

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 9.7%
9.7%
0%30.0%
Electricity Growth Rate10-year average: 3.6%
3.6%
0%15.0%
Property Taxes Growth Rate2-year average: -0.8%
-0.8%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$245This listing

vs Other Active Listings

Avg $/sqft

ZIP 53705$294
Dane County$251

vs Homes Sold Last Month

Median $/sqft

ZIP 53705$298
Dane County$246

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-06-06Listed for sale$625,000
2006-02-15Sold$362,000

For Sale by Agent

AgentBrad Chapman
BrokerageReal Broker LLC

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