Taxes
- Assessed Value: $619,082
- Assessed Year: 2025
- Assessed County: Madison
- APN: 590077732
- Assessed Land Value: 64173
- Market Land Value: 64173
- Tax Amount: 9277.5
- Tax Year: 2025
- Market Value: 619082
- Market Year: 2025
124 S 5th St; Norfolk, NE Property Details
Off market
501 W Norfolk Ave Norfolk, NE 68701
$619,082 Estimated Value
22,864 SqFt
Property Type
GeneralProperty Details
Summary
- Purchase Method: Cash
- Owners / Type: 1 / Corporate
- Owner Status: Corporate
- Year Built: 1927
- Purchase Price: $300,000
- Open Loans / Balance: 3 / $387,524
- APN: 590077732
- Situs County: Madison
- Length Of Ownership: 19 years, 3 months
Structure
- Building Style: Brick
- Stories: 2
- Exterior Wall Type: Brick
- Building Condition: Average
- Building Quality: C
Measurements
- Total: 22,864/SqFt
- Lot: 14,810/SqFt
- Gross: 22,864/SqFt
- Living: 22,864/SqFt
- Building: 22,864/SqFt
- Ground: 10,826/SqFt
- Price Per Square Foot: $13.12
Legal Description
- Description: KOENIGSTEINS FIRST ADDITION PT LOTS 1 & 2, BLK 2; MAP NUMBER: 1501-00-0-61330-002-0001
Building Insights
Land Information
- Property Type: General
- Within Flood Zone: True
- Flood Zone: X / Low/Medium Risk
- School District: Norfolk Public Schools
- Lat / Lon: 42.03248 / -97.41415
- Subdivision: Koenigsteins First Add
- Property Class: Commercial
- Zoning: MULTI-FAMI
Amenities
- Plus Four: 5236
Ownership Info
501 W Norfolk Ave has no associated ownership info
501 W Norfolk Ave has no associated ownership info.
Taxes
501 W Norfolk Ave has 10 associated Taxes items
124 S 5th St, 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 $619,082. The APN we've located for 124 S 5th St is 590077732.
Unlock the full reportTax History
501 W 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 $619,082 | Land Value $64,173 | Improvement Value $554,909 | Tax Amount $9,277.5 | Change Rate -0.01748% | Assessed CR | Tax Rate +0.014986% |
| Year 2024 | Assessed Value $619,082 | Land Value $64,173 | Improvement Value $554,909 | Tax Amount $9,442.56 | Change Rate -0.336562% | Assessed CR | Tax Rate +0.015253% |
| Year 2023 | Assessed Value $647,312 | Land Value $60,253 | Improvement Value $587,059 | Tax Amount $14,232.78 | Change Rate +0.430557% | Assessed CR | Tax Rate +0.021988% |
| Year 2022 | Assessed Value $446,847 | Land Value $60,253 | Improvement Value $386,594 | Tax Amount $9,949.12 | Change Rate +0.06816% | Assessed CR | Tax Rate +0.022265% |
| Year 2021 | Assessed Value $423,362 | Land Value $74,208 | Improvement Value $349,154 | Tax Amount $9,314.26 | Change Rate +0.002562% | Assessed CR | Tax Rate +0.022001% |
| Year 2020 | Assessed Value $423,362 | Land Value $74,208 | Improvement Value $349,154 | Tax Amount $9,290.46 | Change Rate -0.029015% | Assessed CR | Tax Rate +0.021944% |
| Year 2019 | Assessed Value $423,362 | Land Value $74,208 | Improvement Value $349,154 | Tax Amount $9,568.08 | Change Rate +0.014131% | Assessed CR | Tax Rate +0.0226% |
| Year 2018 | Assessed Value $423,362 | Land Value $74,208 | Improvement Value $349,154 | Tax Amount $9,434.76 | Change Rate -0.001% | Assessed CR | Tax Rate +0.022285% |
| Year 2017 | Assessed Value $423,362 | Land Value $74,208 | Improvement Value $349,154 | Tax Amount $9,444.2 | Change Rate +0.088182% | Assessed CR | Tax Rate +0.022308% |
| Year 2016 | Assessed Value $388,406 | Land Value $68,081 | Improvement Value $320,325 | Tax Amount $8,678.88 | Change Rate -0.000217% | Assessed CR | Tax Rate +0.022345% |
| Year 2015 | Assessed Value $388,406 | Land Value $68,081 | Improvement Value $320,325 | Tax Amount $8,680.76 | Change Rate -0.024537% | Assessed CR | Tax Rate +0.02235% |
| Year 2014 | Assessed Value $388,406 | Land Value $68,081 | Improvement Value $320,325 | Tax Amount $8,899.12 | Change Rate -0.026663% | Assessed CR | Tax Rate +0.022912% |
| Year 2013 | Assessed Value $388,406 | Land Value $68,081 | Improvement Value $320,325 | Tax Amount $9,142.9 | Change Rate | Assessed CR | Tax Rate +0.02354% |