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500 S 5th St; Norfolk, NE Property Details

500 S 5th St, Norfolk, NE is a Single Family that was built in 1890. This property is currently Financed,Bank Sale and is not for sale. Our records show that 500 S 5th St has 2 bedrooms, and 1.75 bathrooms, and a total of 480 square feet. The lot size of 500 S 5th St is 8,276 square feet.

Off market
500 S 5th St Norfolk, NE 68701
$37,000 Listing Price
2 Beds
1.75 Baths
480 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Corporate
  • Owner Status: Corporate
  • Year Built: 1890
  • Purchase Price: $43,000
  • Open Loans / Balance: 1 / $175,000
  • Est. Equity / %: $-24,000 / -15.89%
  • APN: 590090259
  • Situs County: Madison
  • Length Of Ownership: 9 years, 5 months

Rooms

  • Bedrooms: 2
  • Bathrooms: 1.75
  • Full Bathrooms: 1
  • Total Rooms: 5

Structure

  • Building Style: Frame
  • Stories: 1
  • Exterior Wall Type: Vinyl siding
  • Building Condition: Average
  • Building Quality: C-
  • Porch Type: Yes
  • Roof Cover Type: Composition Shingle
  • Water Source: Yes
  • Patio Type: Patio

Measurements

  • Total: 480/SqFt
  • Lot: 8,276/SqFt
  • Gross: 864/SqFt
  • Garage: 180/SqFt
  • Living: 480/SqFt
  • Basement: 480/SqFt
  • Building: 480/SqFt
  • Ground: 480/SqFt
  • Garage Unfinished: 180/SqFt
  • Basement Unfinished: 480/SqFt
  • Price Per Square Foot: $89.58

Legal Description

  • Description: PASEWALKS SUB LOTS E1/2 LOT 3 OF LOT 9; MAP NUMBER: 1501-00-0-61719-000-0008
Building Insights

Land Information

  • Property Type: Single Family
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Norfolk Public Schools
  • Lat / Lon: 42.02796 / -97.41411
  • Subdivision: Pasewalks Sub
  • Property Class: Residential
  • Zoning: SINGLE FAM

Amenities

  • Heating Fuel Type: Gas
  • Plus Four: 5281
  • Bathroom Fixtures: 7
  • Garage: Garage
  • Heating: Yes
  • Parking: 1

Ownership Info

500 S 5th St has no associated ownership info
500 S 5th St has no associated ownership info.

Taxes

500 S 5th St has 10 associated Taxes items

500 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 $87,097. The APN we've located for 500 S 5th St is 590090259.

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Taxes
  • Assessed Value:  $87,097
  • Assessed Year:  2025
  • Assessed County:  Madison
  • APN:  590090259
  • Assessed Land Value:  10735
  • Market Land Value:  10735
  • Tax Amount:  1017
  • Tax Year:  2025
  • Market Value:  87097
  • Market Year:  2025

Tax History

500 S 5th St has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $87,097 Land Value $10,735 Improvement Value $76,362 Tax Amount $1,017 Change Rate +0.031252% Assessed CR Tax Rate +0.011677%
Year 2024 Assessed Value $78,915 Land Value $10,735 Improvement Value $68,180 Tax Amount $986.18 Change Rate -0.243797% Assessed CR Tax Rate +0.012497%
Year 2023 Assessed Value $70,542 Land Value $10,735 Improvement Value $59,807 Tax Amount $1,304.12 Change Rate +0.083606% Assessed CR Tax Rate +0.018487%
Year 2022 Assessed Value $64,134 Land Value $10,735 Improvement Value $53,399 Tax Amount $1,203.5 Change Rate +0.113651% Assessed CR Tax Rate +0.018765%
Year 2021 Assessed Value $58,413 Land Value $10,735 Improvement Value $47,678 Tax Amount $1,080.68 Change Rate +0.099146% Assessed CR Tax Rate +0.018501%
Year 2020 Assessed Value $53,305 Land Value $10,735 Improvement Value $42,570 Tax Amount $983.2 Change Rate +0.055978% Assessed CR Tax Rate +0.018445%
Year 2019 Assessed Value $48,744 Land Value $10,735 Improvement Value $38,009 Tax Amount $931.08 Change Rate +0.16554% Assessed CR Tax Rate +0.019101%
Year 2018 Assessed Value $42,525 Land Value $8,588 Improvement Value $33,937 Tax Amount $798.84 Change Rate +0.069254% Assessed CR Tax Rate +0.018785%
Year 2017 Assessed Value $39,723 Land Value $8,588 Improvement Value $31,135 Tax Amount $747.1 Change Rate +0.117777% Assessed CR Tax Rate +0.018808%
Year 2016 Assessed Value $35,467 Land Value $7,668 Improvement Value $27,799 Tax Amount $668.38 Change Rate -0.000239% Assessed CR Tax Rate +0.018845%
Year 2015 Assessed Value $35,467 Land Value $7,668 Improvement Value $27,799 Tax Amount $668.54 Change Rate -0.028962% Assessed CR Tax Rate +0.01885%
Year 2014 Assessed Value $35,467 Land Value $7,668 Improvement Value $27,799 Tax Amount $688.48 Change Rate Assessed CR Tax Rate +0.019412%
Year 2013 Assessed Value $33,648 Land Value $7,668 Improvement Value $25,980 Tax Amount Change Rate Assessed CR Tax Rate