Welcome to your own slice of country living on 3 acres, offering space, privacy, and easy access via Hwy 2, all outside a FEMA flood zone. This versatile shouse (shop-house) blends comfortable living with functionality. Inside, an open-concept layout connects the kitchen, dining, and living areas—ideal for relaxing or entertaining. The home offers approximately 1,488 sq ft of finished space, including one bathroom and low-maintenance finishes like tile and carpet flooring, painted walls, and warm wood trim. Built with durable metal siding and roofing, it’s designed for longevity and easy upkeep. Enjoy year-round comfort with electric forced-air heat, a wood-burning stove, and central air. Outside, relax on the covered concrete patio or entertain in the open grill area. A sidewalk leads to a detached garage for added storage and convenience. With open space, flexibility, and rural charm, this property is perfect for your lifestyle or business needs. Also in MLS as Land MLS#22608841.
For sale
Price cut: $25K (5/12)
$399,000
691 N 12th Rd, Palmyra, NE 68418
0beds
1,483sqft
Single Family Residence
Built in 2001
3 Acres Lot
$376,400 Zestimate®
$269/sqft
$-- HOA
What's special
- 31 days |
- 956 |
- 23 |
Zillow last checked:
Listing updated:
Listed by:
Rhonda Lucero 402-601-2000,
Nebraska Realty
Source: GPRMLS,MLS#: 22613138
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 0
- Bathrooms: 1
- 3/4 bathrooms: 1
- Main level bathrooms: 1
Primary bedroom
- Level: None
Heating
- Electric, Forced Air
Cooling
- Central Air
Appliances
- Included: Range, Microwave
Features
- Flooring: Carpet, Luxury Vinyl
- Has basement: No
- Number of fireplaces: 1
- Fireplace features: Wood Burning
Interior area
- Total structure area: 1,483
- Total interior livable area: 1,483 sqft
- Finished area above ground: 1,483
- Finished area below ground: 0
Property
Parking
- Total spaces: 4
- Parking features: Garage, Open
- Garage spaces: 4
- Has uncovered spaces: Yes
Features
- Patio & porch: Porch, Patio, Covered Patio
- Exterior features: Storm Cellar, Horse Permitted, Zero Step Entry
- Fencing: None
Lot
- Size: 3 Acres
- Dimensions: 251 x 1267 x 63 x 672 x 169 x 351
- Features: Over 1 up to 5 Acres
Details
- Additional structures: Outbuilding
- Parcel number: 004985500
- Horses can be raised: Yes
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Ranch
- Property subtype: Single Family Residence
Materials
- Foundation: Concrete Perimeter
- Roof: Metal
Condition
- Not New and NOT a Model
- New construction: No
- Year built: 2001
Utilities & green energy
- Sewer: Septic Tank
- Water: Rural Water, Well
- Utilities for property: Electricity Available, Water Available
Community & HOA
Community
- Subdivision: Ballylooby
HOA
- Has HOA: No
Location
- Region: Palmyra
Financial & listing details
- Price per square foot: $269/sqft
- Tax assessed value: $180,622
- Annual tax amount: $2,411
- Date on market: 5/12/2026
- Listing terms: VA Loan,FHA,Conventional,Cash
- Ownership: Fee Simple
- Electric utility on property: Yes
Estimated market value
$376,400
$358,000 - $395,000
$1,263/mo
Price history
| Date | Event | Price |
|---|---|---|
| 5/12/2026 | Price change | $399,000-5.9%$269/sqft |
Source:  GPRMLS #22613138 Report a problem | ||
| 4/3/2026 | Listed for sale | $424,000$286/sqft |
Source: GPRMLS #22608798 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,861 +9.9% | $180,622 +18.2% |
| 2024 | $1,693 -24.5% | $152,802 +27.1% |
| 2023 | $2,243 +9.6% | $120,230 |
| 2022 | $2,046 +20.5% | $120,230 |
| 2021 | $1,697 +8.8% | $120,230 +9.7% |
| 2020 | $1,560 +3.7% | $109,630 |
| 2019 | $1,505 +7.2% | $109,630 +3.8% |
| 2018 | $1,403 | $105,630 |
| 2017 | $1,403 -9.9% | $105,630 |
| 2016 | $1,557 | $105,630 |
| 2015 | $1,557 -0.2% | $105,630 +1.2% |
| 2014 | $1,561 | $104,390 |
Find assessor info on the county website
Monthly payment
Est. payment$--/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.
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Climate risks
Neighborhood: 68418
Nearby schools
GreatSchools rating
- 6/10Elementary At BennetGrades: PK-5Distance: 8.5 mi
- 5/10PALMYRA MIDDLE SCHOOLGrades: 6-8Distance: 2.2 mi
- 5/10Jr-Sr High School At PalmyraGrades: 9-12Distance: 2.2 mi
Schools provided by the listing agent
- Elementary: Bennet
- Middle: Palmyra
- High: Palmyra
- District: Palmyra
Source: GPRMLS. 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.
A local lender can help you make sure your offer is ready when you are.
- Nebraska
- Otoe County
- Palmyra
- 68418
- 691 N 12th Rd
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