Opportunity awaits at 423 N Madison in Brainard! This 3-bedroom, 1-bath home offers approximately 1,504 sq ft of living space on a spacious 100' x 140' lot. With plenty of potential, this property could be a great option for an investor or a buyer looking for an affordable starter home they can make their own. Property includes detached garage/outbuilding space and room to add your personal touches. BANK OWNED PROPERTY – SOLD AS-IS. Seller will make no repairs. All offers/bids must be submitted through VRMProperties.com. Buyers and buyers' agents are encouraged to verify measurements, property information, condition and features to their satisfaction. All offers must be submitted at www.vrmproperties.com. Agents must register as a User, enter the property address, and click on "Start Offer". This property may qualify for Seller Financing If property was built prior to 1978, Lead Based Paint Potentially Exists.
For sale
$85,500
423 N Madison St, Brainard, NE 68626
3beds
1,504sqft
Single Family Residence
Built in 1900
0.32 Acres Lot
$-- Zestimate®
$57/sqft
$-- HOA
What's special
- 10 days
- 495
- 30
Zillow last checked:
Listing updated:
Listed by:
Sharon Okra 402-937-9553,
EXIT Realty Professionals,
Terry Lindstrom 402-730-6005,
EXIT Realty Professionals
Source: GPRMLS,MLS#: 22628704
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 1
- Full bathrooms: 1
- Main level bathrooms: 1
Primary bedroom
- Level: Main
- Area: 126
- Dimensions: 10.5 x 12
Bedroom 2
- Level: Main
- Area: 126
- Dimensions: 12 x 10.5
Bedroom 3
- Level: Second
- Area: 100
- Dimensions: 10 x 10
Dining room
- Level: Main
- Area: 217
- Dimensions: 14 x 15.5
Kitchen
- Level: Main
- Area: 155.25
- Dimensions: 11.5 x 13.5
Living room
- Level: Main
- Area: 210
- Dimensions: 15 x 14
Heating
- Propane, Forced Air
Cooling
- Central Air
Features
- Has basement: No
- Has fireplace: No
Interior area
- Total structure area: 1,504
- Total interior livable area: 1,504 sqft
- Finished area above ground: 1,504
- Finished area below ground: 0
Property
Parking
- Total spaces: 2
- Parking features: Garage
- Garage spaces: 2
Features
- Levels: One and One Half
- Patio & porch: Porch, Patio
- Fencing: None
Lot
- Size: 0.32 Acres
- Dimensions: 100 x 140
- Features: Over 1/4 up to 1/2 Acre
Details
- Additional structures: Outbuilding, Shed(s)
- Parcel number: 120029946
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Foundation: Other
Condition
- Not New and NOT a Model
- New construction: No
- Year built: 1900
Utilities & green energy
- Water: Public
Community & HOA
Community
- Subdivision: MCALVINS ADD
HOA
- Has HOA: No
Location
- Region: Brainard
Financial & listing details
- Price per square foot: $57/sqft
- Tax assessed value: $105,625
- Annual tax amount: $1,187
- Date on market: 10/5/2026
- Listing terms: VA Loan,FHA,Conventional,Cash
- Ownership: Fee Simple
Estimated market value
Not available
Estimated sales range
Not available
$1,204/mo
Price history
| Date | Event | Price |
|---|---|---|
| 10/5/2026 | Listed for sale | $85,500-11.5%$57/sqft |
Source:  GPRMLS #22628704 Report a problem | ||
| 6/8/2026 | Sold | $96,658-23.9%$64/sqft |
Source: Public Record Report a problem | ||
| 1/15/2021 | Sold | $127,000-9%$84/sqft |
Source: Columbus BOR NE #2020464 Report a problem | ||
| 11/5/2020 | Price change | $139,500-7.6%$93/sqft |
Source: Kobza Ag And Home #2020464 Report a problem | ||
| 10/19/2020 | Price change | $151,000-3.2%$100/sqft |
Source: Kobza Ag And Home #2020464 Report a problem | ||
| 9/7/2020 | Price change | $156,000-3.7%$104/sqft |
Source: Kobza Ag And Home #2020464 Report a problem | ||
| 7/28/2020 | Listed for sale | $162,000$108/sqft |
Source: Kobza Ag And Home #2020464 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,187 -3.2% | $105,625 +3% |
| 2024 | $1,227 -16.2% | $102,580 +6.2% |
| 2023 | $1,463 +9.7% | $96,550 +13.5% |
| 2022 | $1,334 +59.2% | $85,070 +56.4% |
| 2021 | $838 +10.3% | $54,380 +14% |
| 2020 | $760 +17.5% | $47,690 +5.1% |
| 2019 | $647 +9.2% | $45,390 +8.2% |
| 2018 | $592 +5.8% | $41,960 +5.8% |
| 2017 | $560 +1.8% | $39,660 |
| 2016 | $550 +0.4% | $39,660 +9.2% |
| 2015 | $548 -7.7% | $36,310 -6.3% |
| 2014 | $593 -9.6% | $38,770 |
| 2013 | $656 -17.4% | $38,770 |
| 2012 | $794 -6.2% | $38,770 -1.9% |
| 2011 | $846 +0.4% | $39,535 |
| 2010 | $842 +3.2% | $39,535 |
| 2009 | $816 | $39,535 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: 68626
Nearby schools
Schools provided by the listing agent
- Elementary: Brainard
- Middle: Brainard
- High: Brainard
- District: East Butler
Source: GPRMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
