Active

Price cut: $50.5K (9/4)

$899,499

N5040 Ludwig Rd, Rio, WI 53960

4beds

4,905sqft

$5,693/mo

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Single Family Residence

Built in 1978

4.17 Acres Lot

$-- Zestimate^®

$183/sqft

$-- HOA

What's special

Tucked away on 4.17 acres and bordering public hunting land, this spacious and versatile property offers the perfect blend of privacy, functionality, and everyday comfort. With nearly 5,000 sq ft of finished living space, the home features 4 bedrooms, 3 full baths, and 2 half baths, along with multiple flex rooms and dedicated office spaces, great for today's work-from-home lifestyle. The main level offers a welcoming layout with a large kitchen, dining area, and family room, while the private primary suite includes a walk-in closet and a well-appointed bath with dual sinks, tiled shower, and a Soaking Tub. The finished lower level is built for entertaining, complete with a large recreation room, wet bar, fireplace, in-floor heat, and a bathroom featuring a steam shower, plus additional rooms great for guests, hobbies, or workspace. A 40'x36' Shop is also included. The selling agent is related to the seller.

--: on Zillow
364: views
7: saves

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 4
Bathrooms: 4
Full bathrooms: 3
1/2 bathrooms: 2
Main level bathrooms: 3

Primary bedroom

Level: Main
Area: 306
Dimensions: 18 x 17

Bedroom 2

Level: Main
Area: 228
Dimensions: 19 x 12

Bedroom 3

Level: Lower
Area: 182
Dimensions: 14 x 13

Bedroom 4

Level: Lower
Area: 130
Dimensions: 13 x 10

Family room

Area: 522
Dimensions: 29 x 18

Kitchen

Features: Pantry, Kitchen Island, Refrigerator, Dishwasher, Microwave
Level: Main
Area: 306
Dimensions: 18 x 17

Living room

Level: Main
Area: 210
Dimensions: 15 x 14

Heating

Forced Air, Radiant Floor

Appliances

Included: Washer, Dryer, Water Softener Included
Laundry: Main Level

Features

Walk-In Closet(s), Great room, Wet Bar, At Least 1 tub, Steam Shower, Internet- Fiber available, Smart doorbell, Rec Room, Mud Room, Den/Office
Basement: Full,Finished,Sump Pump
Number of fireplaces: 2
Fireplace features: Gas, 2 fireplaces

Interior area

Total structure area: 4,905
Total interior livable area: 4,905 sqft
Finished area above ground: 2,701

Property

Parking

Total spaces: 3
Parking features: Additional Parking
Garage spaces: 3
Has uncovered spaces: Yes

Features

Levels: Multi/Split,Bi-level
Patio & porch: Deck, Patio

Lot

Size: 4.17 Acres
Features: Rural-not in subdivision

Details

Parcel number: 770 03
Zoning: Res
Other equipment: Air cleaner

Construction

Type & style

Home type: SingleFamily
Property subtype: Single Family Residence

Materials

Vinyl Siding

Condition

Year built: 1978

Utilities & green energy

Sewer: Non-Municipal/Prvt dispos
Water: Well
Utilities for property: Cable Available, Internet - Cable

Community & HOA

Location

Region: Rio

Financial & listing details

Price per square foot: $183/sqft
Tax assessed value: $311,900
Annual tax amount: $5,097
Date on market: 5/28/2026
Inclusions: Stove, 2 Fridges, Washer, Dryer, Water Softener
Exclusions: Seller's personal property

Estimated market value

Not available

Estimated sales range

Not available

Price history

Date	Event	Price
9/4/2026	Price change	$899,499-5.3%$183/sqft
Source: SCWMLS #2024391 Report a problem
7/25/2026	Price change	$949,999-10.3%$194/sqft
Source: SCWMLS #2024391 Report a problem
7/10/2026	Price change	$1,059,000-18.3%$216/sqft
Source: SCWMLS #2024391 Report a problem
5/28/2026	Listed for sale	$1,295,449$264/sqft
Source: WIREX MLS #2024391 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2018	$4,725 -5.4%	$317,300
2017	$4,993 -16.6%	$317,300
2016	$5,987 +0.2%	$317,300
2015	$5,976 +5.8%	$317,300 -26.6%
2014	$5,647 -8.7%	$432,500 -6.2%
2013	$6,186	$461,300