Sold for $162,500

$162,500

1302 N Madison St, Lexington, NE 68850

2beds

2baths

1,311sqft

Single Family Residence

Built in 1946

7,000 Square Feet Lot

$164,300 Zestimate^®

$124/sqft

$1,457 Estimated rent

Home value

$164,300

Estimated sales range

Not available

$1,457/mo

Zestimate^® history

Owner options

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$1,457/mo

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$1,457/mo

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$858/mo

Est. payment

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$858/mo

Est. payment

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What's special

Large fenced yardSolid brick homeCorner lotInsulated detached garageSecond living spaceTwo bedroomsRefinished hardwood floors

Solid Brick Home With Extra Space to Make Your Own If you’ve been looking for a well-kept home in a convenient part of town, this one is worth a look. This raised-ranch brick home sits on a corner lot with a large fenced yard and an insulated detached garage—plenty of room for parking, projects, and outdoor living. The main level offers refinished hardwood floors, a comfortable living room, an eat-in kitchen/dining area, two bedrooms, and a full bathroom. Downstairs, you’ll find 690 additional square feet to use however you need. There’s a second living space, two non-conforming rooms/flex rooms, plus a 3/4 bathroom and a laundry/mechanical room. It’s a great setup for anyone needing extra rooms, hobby space, office space, storage, or just more room to spread out. This is a clean, cute home at a price that makes sense, and it’s ready for your personal touch.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 2
Bathrooms: 2
Main level bathrooms: 1

Dining room

Features: Kitchen/Dining, Laminate

Family room

Features: Laminate

Kitchen

Features: Laminate

Living room

Features: Wood

Basement

Area: 690

Heating

Natural Gas

Cooling

Central Air

Appliances

Included: Electric Range, Refrigerator, Gas Water Heater
Laundry: In Basement

Features

Windows: Partial
Basement: Full,Partially Finished

Interior area

Total structure area: 1,380
Total interior livable area: 1,311 sqft
Finished area above ground: 690
Finished area below ground: 690

Property

Parking

Total spaces: 2
Parking features: Detached, Detached Garage
Garage spaces: 2

Features

Exterior features: Rain Gutters
Fencing: Wood
Waterfront features: None

Lot

Size: 7,000 Square Feet
Dimensions: 50x140
Features: Landscaping: Good

Details

Parcel number: 240107950
Zoning: SF

Construction

Type & style

Home type: SingleFamily
Architectural style: Raised Ranch
Property subtype: Single Family Residence

Materials

Frame, Vinyl Siding, Brick
Roof: Comp/Shingle

Condition

Year built: 1946

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: $124/sqft
Tax assessed value: $100,540
Annual tax amount: $1,226
Price range: $162.5K - $162.5K
Date on market: 11/17/2025
Cumulative days on market: 25 days
Electric utility on property: Yes
Road surface type: Paved

Price history

Date	Event	Price
1/23/2026	Sold	$162,500-4.4%$124/sqft
Source: REALTORS of Greater Mid-Nebraska MLS #20251513 Report a problem
12/16/2025	Pending sale	$169,900$130/sqft
Source: REALTORS of Greater Mid-Nebraska MLS #20251513 Report a problem
11/28/2025	Listed for sale	$169,900$130/sqft
Source: REALTORS of Greater Mid-Nebraska MLS #20251513 Report a problem
11/19/2025	Pending sale	$169,900$130/sqft
Source: REALTORS of Greater Mid-Nebraska MLS #20251513 Report a problem
11/17/2025	Listed for sale	$169,900-52.7%$130/sqft
Source: REALTORS of Greater Mid-Nebraska MLS #20251513 Report a problem
1/26/2015	Sold	$359,437$274/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$1,218 -0.7%	$100,540 +4.7%
2024	$1,226 -16.5%	$96,005 +9.3%
2023	$1,469 +6.7%	$87,856 +15.6%
2022	$1,376 +9.4%	$75,996 +8.9%
2021	$1,258 -5.9%	$69,755
2020	$1,337 +1.2%	$69,755 0%
2018	$1,321 -0.8%	$69,775
2017	$1,332 +4.8%	$69,775 -0.1%
2016	$1,271 +26.5%	$69,860 +31.7%
2015	$1,004 +2.4%	$53,025
2014	$981 -6.2%	$53,025
2013	$1,045	$53,025
2012	--	$53,025
2011	--	$53,025
2010	$1,125 +0.7%	$53,025
2009	$1,117	--