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505 Elm Ave; Norfolk, NE Property Details

505 Elm Ave, Norfolk, NE is a Triplex 3 Units that was built in 1920. This property is not for sale. Our records show that 505 Elm Ave has a total of 1,276 square feet. The lot size of 505 Elm Ave is 7,405 square feet.

Off market
503 Elm Ave Norfolk, NE 68701
$146,525 Estimated Value
1,276 SqFt
Property Details

Summary

  • Owners / Type: 1 / Corporate
  • Owner Status: Corporate
  • Year Built: 1920
  • Est. Equity / %: $208,000 / 100%
  • APN: 590081608
  • Situs County: Madison

Structure

  • Stories: 1
  • Building Condition: Average
  • Building Quality: C

Measurements

  • Total: 1,276/SqFt
  • Lot: 7,405/SqFt
  • Gross: 1,276/SqFt
  • Living: 1,830/SqFt
  • Building: 1,276/SqFt
  • Ground: 1,276/SqFt

Legal Description

  • Description: LAWNDALE ADDITION W 14 FT LOT 2 & ALL LOT 3, BLK 6; MAP NUMBER: 1501-00-0-61370-006-0002
Building Insights

Land Information

  • Property Type: Triplex 3 Units
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Norfolk Public Schools
  • Lat / Lon: 42.038036 / -97.414314
  • Subdivision: Lawndale Add
  • Property Class: Residential
  • Zoning: MULTI-FAMI

Amenities

  • Plus Four: 4034

Ownership Info

503 Elm Ave has no associated ownership info
503 Elm Ave has no associated ownership info.

Taxes

503 Elm Ave has 10 associated Taxes items

505 Elm 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 $146,525. The APN we've located for 505 Elm Ave is 590081608.

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Taxes
  • Assessed Value:  $146,525
  • Assessed Year:  2025
  • Assessed County:  Madison
  • APN:  590081608
  • Assessed Land Value:  15048
  • Market Land Value:  15048
  • Tax Amount:  1710.96
  • Tax Year:  2025
  • Market Value:  146525
  • Market Year:  2025

Tax History

503 Elm Ave has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $146,525 Land Value $15,048 Improvement Value $131,477 Tax Amount $1,710.96 Change Rate +0.107202% Assessed CR Tax Rate +0.011677%
Year 2024 Assessed Value $124,612 Land Value $15,048 Improvement Value $109,564 Tax Amount $1,545.3 Change Rate -0.276721% Assessed CR Tax Rate +0.012401%
Year 2023 Assessed Value $115,565 Land Value $15,048 Improvement Value $100,517 Tax Amount $2,136.52 Change Rate +0.06979% Assessed CR Tax Rate +0.018488%
Year 2022 Assessed Value $106,427 Land Value $15,048 Improvement Value $91,379 Tax Amount $1,997.14 Change Rate +0.142228% Assessed CR Tax Rate +0.018765%
Year 2021 Assessed Value $94,508 Land Value $15,048 Improvement Value $79,460 Tax Amount $1,748.46 Change Rate +0.077886% Assessed CR Tax Rate +0.018501%
Year 2020 Assessed Value $87,947 Land Value $15,048 Improvement Value $72,899 Tax Amount $1,622.12 Change Rate -0.034383% Assessed CR Tax Rate +0.018444%
Year 2019 Assessed Value $87,947 Land Value $15,048 Improvement Value $72,899 Tax Amount $1,679.88 Change Rate +0.016815% Assessed CR Tax Rate +0.019101%
Year 2018 Assessed Value $87,947 Land Value $15,048 Improvement Value $72,899 Tax Amount $1,652.1 Change Rate -0.013542% Assessed CR Tax Rate +0.018785%
Year 2017 Assessed Value $89,048 Land Value $11,195 Improvement Value $77,853 Tax Amount $1,674.78 Change Rate +0.185752% Assessed CR Tax Rate +0.018808%
Year 2016 Assessed Value $74,950 Land Value $9,423 Improvement Value $65,527 Tax Amount $1,412.42 Change Rate -0.000255% Assessed CR Tax Rate +0.018845%
Year 2015 Assessed Value $74,950 Land Value $9,423 Improvement Value $65,527 Tax Amount $1,412.78 Change Rate -0.028964% Assessed CR Tax Rate +0.01885%
Year 2014 Assessed Value $74,950 Land Value $9,423 Improvement Value $65,527 Tax Amount $1,454.92 Change Rate -0.031332% Assessed CR Tax Rate +0.019412%
Year 2013 Assessed Value $74,950 Land Value $9,423 Improvement Value $65,527 Tax Amount $1,501.98 Change Rate Assessed CR Tax Rate +0.02004%