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506 S 25th St; Norfolk, NE Property Details

506 S 25th St, Norfolk, NE is a General that was built in 2007. This property is currently a cash purchase and is not for sale. Our records show that 506 S 25th St has a total of 5,060 square feet. The lot size of 506 S 25th St is 106,722 square feet.

Off market
506 S 25th St Norfolk, NE 68701
$1,736,957 Estimated Value
5,060 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Corporate
  • Owner Status: Corporate
  • Year Built: 2007
  • Purchase Price: $595,000
  • Open Loans / Balance: 1 / $7,901,027
  • APN: 590235974
  • Situs County: Madison
  • Length Of Ownership: 21 years, 3 months

Structure

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

Measurements

  • Total: 5,060/SqFt
  • Lot: 106,722/SqFt
  • Gross: 5,060/SqFt
  • Living: 5,060/SqFt
  • Building: 5,060/SqFt
  • Ground: 5,060/SqFt
  • Price Per Square Foot: $117.59

Legal Description

  • Description: VIRGINIAS ADDITION LOT 3, BLK 1 LESS PT TO STATE; MAP NUMBER: 1501-00-0-62165-001-0003
Building Insights

Land Information

  • Property Type: General
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Norfolk Public Schools
  • Lat / Lon: 42.028633 / -97.44664
  • Subdivision: Virginias Add
  • Property Class: Commercial
  • Zoning: COMMERCIAL

Amenities

  • Plus Four: 4400
  • Cooling: Packaged Unit
  • Heating: Radiant

Ownership Info

506 S 25th St has no associated ownership info
506 S 25th St has no associated ownership info.

Taxes

506 S 25th St has 10 associated Taxes items

506 S 25th 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 $1,736,957. The APN we've located for 506 S 25th St is 590235974.

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Taxes
  • Assessed Value:  $1,736,957
  • Assessed Year:  2025
  • Assessed County:  Madison
  • APN:  590235974
  • Assessed Land Value:  599989
  • Market Land Value:  599989
  • Tax Amount:  20282.14
  • Tax Year:  2025
  • Market Value:  1736957
  • Market Year:  2025

Tax History

506 S 25th St has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $1,736,957 Land Value $599,989 Improvement Value $1,136,968 Tax Amount $20,282.14 Change Rate +0.046977% Assessed CR Tax Rate +0.011677%
Year 2024 Assessed Value $1,588,657 Land Value $599,989 Improvement Value $988,668 Tax Amount $19,372.1 Change Rate -0.340419% Assessed CR Tax Rate +0.012194%
Year 2023 Assessed Value $1,588,657 Land Value $599,989 Improvement Value $988,668 Tax Amount $29,370.32 Change Rate -0.014797% Assessed CR Tax Rate +0.018488%
Year 2022 Assessed Value $1,588,657 Land Value $599,989 Improvement Value $988,668 Tax Amount $29,811.44 Change Rate +0.014296% Assessed CR Tax Rate +0.018765%
Year 2021 Assessed Value $1,588,657 Land Value $599,989 Improvement Value $988,668 Tax Amount $29,391.26 Change Rate +0.003049% Assessed CR Tax Rate +0.018501%
Year 2020 Assessed Value $1,588,657 Land Value $599,989 Improvement Value $988,668 Tax Amount $29,301.92 Change Rate +0.330068% Assessed CR Tax Rate +0.018444%
Year 2019 Assessed Value $1,153,417 Land Value $346,655 Improvement Value $806,762 Tax Amount $22,030.4 Change Rate +0.016758% Assessed CR Tax Rate +0.0191%
Year 2018 Assessed Value $1,153,417 Land Value $346,655 Improvement Value $806,762 Tax Amount $21,667.3 Change Rate -0.001187% Assessed CR Tax Rate +0.018785%
Year 2017 Assessed Value $1,153,417 Land Value $346,655 Improvement Value $806,762 Tax Amount $21,693.04 Change Rate -0.001977% Assessed CR Tax Rate +0.018808%
Year 2016 Assessed Value $1,153,417 Land Value $346,655 Improvement Value $806,762 Tax Amount $21,736.02 Change Rate -0.000257% Assessed CR Tax Rate +0.018845%
Year 2015 Assessed Value $1,153,417 Land Value $346,655 Improvement Value $806,762 Tax Amount $21,741.6 Change Rate -0.028959% Assessed CR Tax Rate +0.01885%
Year 2014 Assessed Value $1,153,417 Land Value $346,655 Improvement Value $806,762 Tax Amount $22,390 Change Rate -0.031324% Assessed CR Tax Rate +0.019412%
Year 2013 Assessed Value $1,153,417 Land Value $346,655 Improvement Value $806,762 Tax Amount $23,114.02 Change Rate Assessed CR Tax Rate +0.02004%