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For sale
  • Price cut: $109K (7/25)
    $949,999

    N5040 Ludwig Rd, Rio, WI 53960

    4beds
    4,905sqft
    : 
    $5,821/mo
    Get pre-qualified
    Single Family Residence
    Built in 1978
    4.17 Acres Lot
    $-- Zestimate®
    $194/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.
    60 days
    |
    501
    |
    11
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Trevis Templeton,

    Rock Realty

    Source: SCWMLS,MLS#: 2024391

      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: $194/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

        $1,869/mo

        Price history

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

        Public tax history

        YearProperty taxesTax 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
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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        Climate risks

        Neighborhood: 53960

        Getting around

        0 / 100
        Car-Dependent
        16 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Rio
        • Middle: Rio
        • High: Rio
        • District: Rio

        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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