Taxes
- Assessed Value: $275,461
- Assessed Year: 2025
- Assessed County: Madison
- APN: 590293982
- Assessed Land Value: 112467
- Market Land Value: 112467
- Tax Amount: 3216.5
- Tax Year: 2025
- Market Value: 275461
- Market Year: 2025
116 E Norfolk Ave; Norfolk, NE Property Details
Off market
116 E Norfolk Ave Norfolk, NE 68701
$275,461 Estimated Value
8,634 SqFt
Property Type
GeneralProperty Details
Summary
- Purchase Method: Cash
- Owners / Type: 1 / Corporate
- Owner Status: Corporate
- Year Built: 1960
- Purchase Price: $800,000
- APN: 590293982
- Situs County: Madison
- Length Of Ownership: 8 years
Structure
- Stories: 1
Measurements
- Total: 8,634/SqFt
- Lot: 59,242/SqFt
- Gross: 8,634/SqFt
- Basement: 2,168/SqFt
- Building: 8,634/SqFt
- Ground: 8,634/SqFt
- Price Per Square Foot: $92.66
Legal Description
- Description: HY-VEE ADDITION LOT 2; MAP NUMBER: 1501-00-0-61254-000-0001
Building Insights
Land Information
- Property Type: General
- Within Flood Zone: True
- Flood Zone: X / Low/Medium Risk
- School District: Norfolk Public Schools
- Lat / Lon: 42.03246 / -97.40535
- Subdivision: Hy-Vee Add
- Property Class: Commercial
- Zoning: COMMERCIAL
- County Use Code: 2
Amenities
- Plus Four: 5300
Ownership Info
116 E Norfolk Ave has no associated ownership info
116 E Norfolk Ave has no associated ownership info.
Taxes
116 E Norfolk Ave has 10 associated Taxes items
116 E Norfolk Ave, Norfolk, NE pays taxes in Madison County, NE. The most recent tax assessment records are from 2025 and show that the current assessed value of the property is $275,461. The APN we've located for 116 E Norfolk Ave is 590293982.
Unlock the full reportTax History
116 E Norfolk Ave has 13 associated Tax History items
| Year | Assessed Value | Land Value | Improvement Value | Tax Amount | Change Rate | Assessed CR | Tax Rate |
|---|---|---|---|---|---|---|---|
| Year 2025 | Assessed Value $275,461 | Land Value $112,467 | Improvement Value $162,994 | Tax Amount $3,216.5 | Change Rate -0.081551% | Assessed CR | Tax Rate +0.011677% |
| Year 2024 | Assessed Value $275,461 | Land Value $112,467 | Improvement Value $162,994 | Tax Amount $3,502.1 | Change Rate -0.15899% | Assessed CR | Tax Rate +0.012714% |
| Year 2023 | Assessed Value $225,242 | Land Value $157,320 | Improvement Value $67,922 | Tax Amount $4,164.16 | Change Rate +0.419761% | Assessed CR | Tax Rate +0.018487% |
| Year 2022 | Assessed Value $156,300 | Land Value $107,550 | Improvement Value $48,750 | Tax Amount $2,933 | Change Rate +0.014296% | Assessed CR | Tax Rate +0.018765% |
| Year 2021 | Assessed Value $156,300 | Land Value $107,550 | Improvement Value $48,750 | Tax Amount $2,891.66 | Change Rate +0.003039% | Assessed CR | Tax Rate +0.018501% |
| Year 2020 | Assessed Value $156,300 | Land Value $107,550 | Improvement Value $48,750 | Tax Amount $2,882.9 | Change Rate -0.704837% | Assessed CR | Tax Rate +0.018445% |
| Year 2019 | Assessed Value $511,362 | Land Value $68,550 | Improvement Value $442,812 | Tax Amount $9,767.16 | Change Rate +0.016766% | Assessed CR | Tax Rate +0.0191% |
| Year 2018 | Assessed Value $511,362 | Land Value $68,550 | Improvement Value $442,812 | Tax Amount $9,606.1 | Change Rate -0.033463% | Assessed CR | Tax Rate +0.018785% |
| Year 2017 | Assessed Value $528,439 | Land Value $131,049 | Improvement Value $397,390 | Tax Amount $9,938.68 | Change Rate +0.087845% | Assessed CR | Tax Rate +0.018808% |
| Year 2016 | Assessed Value $484,806 | Land Value $120,228 | Improvement Value $364,578 | Tax Amount $9,136.12 | Change Rate -0.000256% | Assessed CR | Tax Rate +0.018845% |
| Year 2015 | Assessed Value $484,806 | Land Value $120,228 | Improvement Value $364,578 | Tax Amount $9,138.46 | Change Rate -0.02896% | Assessed CR | Tax Rate +0.01885% |
| Year 2014 | Assessed Value $484,806 | Land Value $120,228 | Improvement Value $364,578 | Tax Amount $9,411 | Change Rate -0.031324% | Assessed CR | Tax Rate +0.019412% |
| Year 2013 | Assessed Value $484,806 | Land Value $120,228 | Improvement Value $364,578 | Tax Amount $9,715.32 | Change Rate | Assessed CR | Tax Rate +0.02004% |