Have you been dreaming of building on an acreage? How about switching gears and buying an acreage that is already established? The established windbreak of trees is already in place! You cannot rebuild this home with this shop at today's building prices. All of the custom upgrades are already in place from the zero entry entrances to the zoned heat and heated floors to the custom cabinets with pull out drawers and the 22kw natural gas generator. Take advantage of the second kitchen during the holidays and canning season. The split bedroom floor plan features the primary bedroom with walk in closet and large primary bathroom, jetted tub, walk in tiled shower, double sinks, and water closet. The hot tub is conveniently located off of the primary bathroom with an access door to the exterior. The home office is perfect for business or homework. Convert it to a sewing room; use your imagination! The other two bedrooms have access to a full bathroom right across the hall. There is generous storage space in the partial basement below the front porch...perfect for canning goods and totes. Hours of fun and conversation will be had in the game room. The asphalt driveway leads to the shop on the east end of the property. Come check it out for yourself!!
For sale
Price cut: $30K (7/6)
$795,000
55209 Highway 32, Madison, NE 68748
3beds
3baths
4,074sqft
Acreage
Built in 2007
5 Acres Lot
$-- Zestimate®
$195/sqft
$-- HOA
What's special
Heated floorsEstablished windbreak of treesGame roomZero entry entrancesSecond kitchenSplit bedroom floor planZoned heat
- 140 days |
- 362 |
- 3 |
Zillow last checked:
Listing updated:
Listed by:
KAREN PETERSEN,
Inspire Home & Land Realty
Source: Norfolk BOR,MLS#: 260078
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 3
- Main level bedrooms: 3
Rooms
- Room types: Master Bathroom, Office
Primary bedroom
- Level: Main
- Area: 320
- Dimensions: 16 x 20
Bedroom 2
- Level: Main
- Area: 133.13
- Dimensions: 11.25 x 11.83
Bedroom 3
- Level: Main
- Area: 132
- Dimensions: 11 x 12
Dining room
- Features: Liv/Din Combo, Kit/Din Combo, Laminate Flooring
- Level: Main
- Area: 281.75
- Dimensions: 24.5 x 11.5
Kitchen
- Features: Laminate Flooring
- Level: Main
- Area: 637
- Dimensions: 26 x 24.5
Living room
- Features: Carpet
- Level: Main
- Area: 572
- Dimensions: 22 x 26
Heating
- Radiant Floor
Cooling
- Elec Forced Air, Central Air
Appliances
- Included: Electric Range, Dishwasher, Disposal, Refrigerator, Microwave, Range Hood, Water Softener Owned, Gas Water Heater, 50 Gal plus Water Heater
- Laundry: Main Level, Electric, Laminate Flooring
Features
- Walk-In Closet(s)
- Windows: Window Coverings
- Basement: Partial
- Number of fireplaces: 1
- Fireplace features: One, Gas, Living Room
Interior area
- Total structure area: 4,074
- Total interior livable area: 4,074 sqft
- Finished area above ground: 4,074
Property
Parking
- Total spaces: 3
- Parking features: Attached, Garage Door Opener
- Attached garage spaces: 3
Features
- Patio & porch: Covered Patio
- Exterior features: Rain Gutters
- Has spa: Yes
- Spa features: Heated
- Waterfront features: None
Lot
- Size: 5 Acres
- Features: Auto Sprinkler, Established Yard, Landscaping (Good)
Details
- Parcel number: 590139513
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Ranch
- Property subtype: Acreage
Materials
- Frame, Wood Siding, Brick
- Roof: Metal
Condition
- 16-25 Yrs
- New construction: No
- Year built: 2007
Utilities & green energy
- Sewer: Septic Tank
- Water: Well
- Utilities for property: Natural Gas Connected, Electricity Connected
Community & HOA
Community
- Security: Smoke Detector(s), Carbon Monoxide Detector(s)
Location
- Region: Madison
Financial & listing details
- Price per square foot: $195/sqft
- Tax assessed value: $506,918
- Annual tax amount: $4,551
- Price range: $795K - $795K
- Date on market: 2/18/2026
- Cumulative days on market: 390 days
- Electric utility on property: Yes
- Road surface type: Paved
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 7/6/2026 | Price change | $795,000-3.6%$195/sqft |
Source: Norfolk BOR #260078 Report a problem | ||
| 5/13/2026 | Price change | $825,000-2.9%$203/sqft |
Source: Norfolk BOR #260078 Report a problem | ||
| 2/18/2026 | Listed for sale | $850,000-2.9%$209/sqft |
Source: Norfolk BOR #260078 Report a problem | ||
| 2/14/2026 | Listing removed | $875,000$215/sqft |
Source: Norfolk BOR #250477 Report a problem | ||
| 9/22/2025 | Price change | $875,000-5.4%$215/sqft |
Source: Norfolk BOR #250477 Report a problem | ||
| 8/14/2025 | Price change | $925,000-5.1%$227/sqft |
Source: Norfolk BOR #250477 Report a problem | ||
| 6/16/2025 | Listed for sale | $975,000$239/sqft |
Source: Norfolk BOR #250477 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $4,426 -32.5% | $506,918 +9.1% |
| 2023 | $6,558 | $464,781 +7.4% |
| 2022 | -- | $432,644 +7.5% |
| 2021 | $5,621 -5.5% | $402,284 |
| 2020 | $5,946 +25% | $402,284 +7.7% |
| 2018 | $4,756 -0.8% | $373,564 +0.5% |
| 2017 | $4,797 +4.4% | $371,564 +5% |
| 2016 | $4,593 +0.2% | $353,850 |
| 2015 | $4,584 -3.2% | $353,850 +7.4% |
| 2014 | $4,735 -11.3% | $329,551 |
| 2013 | $5,336 +4.5% | $329,551 +6.9% |
| 2010 | $5,108 +0.5% | $308,197 |
| 2009 | $5,084 | $308,197 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.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.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: 68748
Nearby schools
GreatSchools rating
- 3/10Madison Elementary SchoolGrades: PK-5Distance: 1.6 mi
- 4/10Madison Middle SchoolGrades: 6-8Distance: 1.2 mi
- 2/10Madison High SchoolGrades: 9-12Distance: 1.2 mi
Schools provided by the listing agent
- Elementary: Madison
- Middle: Madison
- High: Madison
Source: Norfolk BOR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
A local agent can set up tours, give advice and negotiate with sellers.
- Nebraska
- Madison County
- Madison
- 68748
- 55209 Highway 32



