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116 S 87th St; Omaha, NE Property Details

116 S 87th St, Omaha, NE is a Single Family that was built in 1963. This property is currently Financed and is not for sale. Our records show that 116 S 87th St has 4 bedrooms, and 3 bathrooms, and a total of 2,842 square feet. The lot size of 116 S 87th St is 16,459 square feet.

Off market
116 S 87th St Omaha, NE 68114
$535,500 Estimated Value
4 Beds
3 Baths
2,842 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1963
  • Purchase Price: $246,000
  • Open Loans / Balance: 1 / $75,853
  • Est. Equity / %: $504,147 / 86.92%
  • Gross Yield: 10.51%
  • APN: 1505-0000-14
  • Situs County: Douglas
  • Length Of Ownership: 15 years, 8 months

Rooms

  • Bedrooms: 4
  • Bathrooms: 3
  • Full Bathrooms: 3
  • Total Rooms: 10

Structure

  • Building Style: Frame
  • Stories: 1
  • Exterior Wall Type: Wood Siding
  • Interior Wall Type: Gypsum Board (Drywall, Sheetrock, etc.)
  • Building Condition: Average
  • Building Quality: B
  • Roof Type: Hip
  • Roof Cover Type: Composition Shingle

Measurements

  • Total: 2,842/SqFt
  • Lot: 16,459/SqFt
  • Gross: 5,720/SqFt
  • Garage: 588/SqFt
  • Living: 2,842/SqFt
  • Basement: 2,146/SqFt
  • Building: 5,576/SqFt
  • Ground: 2,842/SqFt
  • Garage Unfinished: 588/SqFt
  • Price Per Square Foot: $86.56

Legal Description

  • Description: INDIAN HILLS VILLAGE LOT 67 BLOCK 0 IRREG
Building Insights

Land Information

  • Property Type: Single Family
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Westside Community Schools
  • Lat / Lon: 41.25956 / -96.047356
  • Subdivision: Indian Hills Village
  • Property Class: Residential
  • Zoning: R2
  • County Use Code: 351

Amenities

  • Plus Four: 4018
  • Bathroom Fixtures: 2
  • Cooling: Central
  • Fireplaces: 1
  • Garage: Attached Garage
  • Heating: Central
  • Parking: 2

HOA

  • H O A One: $550
  • H O A Amount: $550
  • H O A One Name: Indian Hills Villas Association Inc
  • H O A One Type: Home Owner Association

Ownership Info

116 S 87th St has no associated ownership info
116 S 87th St has no associated ownership info.

Taxes

116 S 87th St has 10 associated Taxes items

116 S 87th St, Omaha, NE pays taxes in Douglas County, NE. The most recent tax assessment records are from 2025 and show that the current assessed value of the property is $535,500. The APN we've located for 116 S 87th St is 1505-0000-14.

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Taxes
  • Assessed Value:  $535,500
  • Assessed Year:  2025
  • Assessed County:  Douglas
  • APN:  1505-0000-14
  • Assessed Land Value:  78200
  • Market Land Value:  78200
  • Tax Amount:  8295.72
  • Tax Year:  2024
  • Market Value:  535500
  • Market Year:  2025

Tax History

116 S 87th St has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $535,500 Land Value $78,200 Improvement Value $457,300 Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value $505,900 Land Value $78,200 Improvement Value $427,700 Tax Amount $8,295.72 Change Rate -0.195995% Assessed CR Tax Rate +0.016398%
Year 2023 Assessed Value $505,900 Land Value $78,200 Improvement Value $427,700 Tax Amount $10,318 Change Rate +0.228585% Assessed CR Tax Rate +0.020395%
Year 2022 Assessed Value $383,700 Land Value $78,200 Improvement Value $305,500 Tax Amount $8,398.28 Change Rate -0.013392% Assessed CR Tax Rate +0.021888%
Year 2021 Assessed Value $383,700 Land Value $78,200 Improvement Value $305,500 Tax Amount $8,512.28 Change Rate +0.199146% Assessed CR Tax Rate +0.022185%
Year 2020 Assessed Value $314,500 Land Value $78,200 Improvement Value $236,300 Tax Amount $7,098.62 Change Rate -0.011351% Assessed CR Tax Rate +0.022571%
Year 2019 Assessed Value $314,500 Land Value $78,200 Improvement Value $236,300 Tax Amount $7,180.12 Change Rate +0.105934% Assessed CR Tax Rate +0.02283%
Year 2018 Assessed Value $283,500 Land Value $78,200 Improvement Value $205,300 Tax Amount $6,492.36 Change Rate Assessed CR Tax Rate +0.022901%
Year 2017 Assessed Value $283,500 Land Value $78,200 Improvement Value $205,300 Tax Amount Change Rate Assessed CR Tax Rate
Year 2016 Assessed Value $342,200 Land Value $64,200 Improvement Value $278,000 Tax Amount $7,616.42 Change Rate Assessed CR Tax Rate +0.022257%
Year 2015 Assessed Value $319,800 Land Value $60,000 Improvement Value $259,800 Tax Amount Change Rate Assessed CR Tax Rate
Year 2014 Assessed Value $279,900 Land Value $60,000 Improvement Value $219,900 Tax Amount $6,138.3 Change Rate Assessed CR Tax Rate +0.02193%