For sale

Price cut: $10K (10/26)

$189,900

409 S Madison St, Grand Island, NE 68801

2beds

1,156sqft

$1,563/mo

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Single Family Residence

Built in 1993

-- sqft lot

$-- Zestimate^®

$164/sqft

$225/mo HOA

What's special

Additional half bathFinished basementLaundry roomLarge family roomMultiple living spacesTwo spacious bedroomsConvenient half bath

Move-in ready 2-bedroom townhome offering comfortable living and plenty of space! The main level features an updated kitchen, new carpet in the living and dining rooms, and a convenient half bath. Upstairs you'll find two spacious bedrooms and a full bathroom. The finished basement adds even more living space with a large family room, laundry room, additional half bath, and plenty of flexibility for entertaining, hobbies, or relaxing. Step outside to enjoy the back deck, perfect for morning coffee or unwinding at the end of the day. A detached 1-car garage provides convenient parking and additional storage. With an updated kitchen, fresh flooring, multiple living spaces, and a functional layout across three levels, this townhome is ready for its next owner. Schedule your showing today!

33 days
522
13

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 2
Bathrooms: 3
Full bathrooms: 1
1/2 bathrooms: 2
Main level bathrooms: 1

Primary bedroom

Level: Upper
Area: 134.17
Dimensions: 13.42 x 10

Bedroom 2

Level: Upper
Area: 175
Dimensions: 14 x 12.5

Dining room

Features: Living/Dining Combo, Carpet
Level: Main
Area: 86.46
Dimensions: 12.5 x 6.92

Family room

Features: Carpet
Level: Basement
Area: 254.53
Dimensions: 16.33 x 15.58

Kitchen

Features: Electric Range, Dishwasher, Refrigerator, Microwave, Wood
Level: Main
Area: 79.86
Dimensions: 10.42 x 7.67

Living room

Features: Fireplace, Sliding Glass Door, Carpet
Level: Main
Area: 201.61
Dimensions: 15.92 x 12.67

Heating

Gas Forced Air

Cooling

Central Air

Appliances

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

Features

Flooring: Carpet, Wood
Doors: Living Room Sliding Glass Door, Storm Door(s)
Windows: All Window Coverings
Basement: Full,Partially Finished
Number of fireplaces: 1
Fireplace features: One, Gas, Living Room

Interior area

Total structure area: 2,312
Total interior livable area: 1,156 sqft
Finished area above ground: 1,156
Finished area below ground: 578

Video & virtual tour

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Property

Parking

Total spaces: 1
Parking features: 1 Car, Detached
Garage spaces: 1

Features

Levels: Two
Patio & porch: Deck
Exterior features: Rain Gutters

Lot

Features: Automatic Sprinkler, Established Yard

Details

Parcel number: 400354896
Zoning: RO

Construction

Type & style

Home type: SingleFamily
Property subtype: Single Family Residence

Materials

Frame, Vinyl Siding
Roof: Composition

Condition

Year built: 1993

Utilities & green energy

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

Community & HOA

Community

Security: Smoke Detector(s), Carbon Monoxide Detector(s)
Subdivision: Charles Wasmer's Add

HOA

Has HOA: Yes
HOA fee: $225 monthly

Location

Region: Grand Island

Financial & listing details

Price per square foot: $164/sqft
Tax assessed value: $166,261
Annual tax amount: $2,305
Date on market: 10/6/2026
Road surface type: Paved

Estimated market value

Not available

Estimated sales range

Not available

Price history

Date	Event	Price
10/26/2026	Price change	$189,900-5%$164/sqft
Source: Grand Island BOR #20263044 Report a problem
10/6/2026	Listed for sale	$199,900+21.2%$173/sqft
Source: Grand Island BOR #20263042 Report a problem
10/10/2023	Listing removed	--
Source: Zillow Rentals Report a problem
9/19/2023	Listed for rent	$1,650$1/sqft
Source: Zillow Rentals Report a problem
8/14/2023	Sold	$165,000-7.8%$143/sqft
Source: Grand Island BOR #20230600 Report a problem
7/30/2023	Pending sale	$179,000$155/sqft
Source: Grand Island BOR #20230600 Report a problem
7/26/2023	Price change	$179,000-10.1%$155/sqft
Source: Grand Island BOR #20230600 Report a problem
6/29/2023	Price change	$199,000-4.8%$172/sqft
Source: Grand Island BOR #20230600 Report a problem
6/23/2023	Listed for sale	$209,000$181/sqft
Source: Grand Island BOR #20230600 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$2,305 +6.8%	$166,261 +13.5%
2024	$2,158 -12%	$146,457 +8.6%
2023	$2,452 -8.8%	$134,917 +0.8%
2022	$2,689 +4.3%	$133,828 +5.8%
2021	$2,579 +24%	$126,474 +32.4%
2020	$2,080 +10.2%	$95,540 +9.6%
2018	$1,888 +4.8%	$87,210 +4.8%
2016	$1,802 +3.9%	$83,243
2015	$1,734 -1.5%	$83,243 +4.8%
2014	$1,761 +3.8%	$79,463
2013	$1,697 -0.9%	$79,463
2012	$1,713 +1.8%	$79,463
2011	$1,682 +3.6%	$79,463
2010	$1,625 +0.9%	$79,463
2009	$1,609	$79,463

Find assessor info on the county website

Monthly payment

Est. payment

Payment breakdown

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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included

All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.

HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.

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Climate risks

Neighborhood: 68801

Getting around

69 / 100

Somewhat Walkable

61 / 100

Bikeable

Nearby schools

GreatSchools rating

4/10
Wasmer Elementary School
Grades: PK-5Distance: 0.3 mi
4/10
Barr Middle School
Grades: 6-8Distance: 0.9 mi
1/10
Grand Island Senior High School
Grades: 9-12Distance: 2 mi

Schools provided by the listing agent

Elementary: Wasmer
Middle: Barr Middle School
High: Grand Island Senior High

Source: Grand Island BOR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.