For sale

$229,000

1200 N Madison St, Lexington, NE 68850

4beds

2baths

3,056sqft

$1,620/mo

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Single Family Residence

Built in 1953

5,250 Square Feet Lot

$220,400 Zestimate^®

$75/sqft

$-- HOA

What's special

Corner lotSeparate laundry roomSpacious homeVersatile spaces

Space, flexibility, and opportunity await in this spacious home situated on a corner lot! With over 2,000 square feet on the main level, this property offers 4 bedrooms, a dedicated office or hobby room, and a primary suite complete with an ensuite ¾ bath. A separate laundry room, attached 1-stall garage, and brand-new heating and air conditioning add everyday convenience. Upstairs, you'll find over 1,000 additional square feet ready for your vision! Currently featuring a bedroom space, kitchen, wood-burning fireplace, and nonfunctional bathroom, this expansive upper level offers exciting possibilities for additional living space, recreation, or a personalized retreat. With generous square footage, versatile spaces, and room to make it your own, this property is full of potential. Schedule your showing today!

29 days
311
10

Likely to sell faster than

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 4
Bathrooms: 2
Main level bathrooms: 2

Rooms

Room types: Study, Workshop

Dining room

Features: Living/Dining Combination, Wood

Family room

Features: Tile

Kitchen

Features: Eat-in Kitchen, Laminate

Living room

Features: Fireplace, Wood

Basement

Area: 0

Heating

Heat Pump

Cooling

Central Air

Appliances

Included: Electric Range, Dishwasher, Disposal, Refrigerator, Washer, Dryer
Laundry: Main Level, Electric, Laminate

Features

Study
Windows: Partial
Basement: None
Number of fireplaces: 2
Fireplace features: Living Room, Two, Gas, Wood Burning

Interior area

Total structure area: 3,056
Total interior livable area: 3,056 sqft
Finished area above ground: 3,056
Finished area below ground: 0

Property

Parking

Total spaces: 1
Parking features: Attached, Garage Door Opener
Attached garage spaces: 1

Features

Levels: One and One Half
Waterfront features: None

Lot

Size: 5,250 Square Feet
Dimensions: 75X70
Features: Landscaping: Established Yard

Details

Additional structures: Workshop, None
Parcel number: 0240120760
Zoning: sf

Construction

Type & style

Home type: SingleFamily
Property subtype: Single Family Residence

Materials

Frame, Brick
Roof: Comp/Shingle

Condition

Year built: 1953

Utilities & green energy

Sewer: Public Sewer
Water: Public
Utilities for property: Natural Gas Connected, Electricity Connected

Community & HOA

Community

Subdivision: NE

Location

Region: Lexington

Financial & listing details

Price per square foot: $75/sqft
Tax assessed value: $143,188
Annual tax amount: $1,735
Price range: $229K - $229K
Date on market: 9/19/2026
Cumulative days on market: 31 days
Electric utility on property: Yes
Road surface type: Paved

Estimated market value

$220,400

$209,000 - $231,000

$1,860/mo

Price history

Date	Event	Price
9/19/2026	Listed for sale	$229,000$75/sqft
Source: REALTORS of Greater Mid-Nebraska MLS #20261391 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$1,734 +0.8%	$143,188 +6.4%
2024	$1,721 -21%	$134,583 +10.1%
2023	$2,179 +4.3%	$122,192 +12.2%
2022	$2,089 +9.8%	$108,952 +9.4%
2021	$1,902 -0.3%	$99,548
2020	$1,908 -6.1%	$99,548 -7.2%
2018	$2,032 -0.8%	$107,278
2017	$2,048 +4.8%	$107,278 -36.3%
2016	$1,954 -0.5%	$168,540 +62.6%
2015	$1,963 +2.4%	$103,650
2014	$1,917 -6.2%	$103,650
2013	$2,043	$103,650
2012	--	$103,650
2011	$2,229 +1.4%	$103,650
2010	$2,198 +0.7%	$103,650
2009	$2,183	--