$205,000
PRE-FORECLOSURE The borrower is in default on their loan obligation and/or the bank or lender has initiated foreclosure proceedings. This property is occupied, do not disturb the occupants. Trespassing is a criminal offense.

3420 N 42nd St Omaha, NE 68111

Fairfax Neighborhood

Estimated payment $1,305/month

Total Views 49
4 Beds
3 Baths
1,704 Sq Ft
$120 Price per Sq Ft

Highlights

  • Raised Ranch Architecture
  • No HOA
  • 2 Car Attached Garage
  • Main Floor Bedroom
  • Formal Dining Room
  • Patio

About This Home

Great opportunity near Midtown & Downtown Omaha! This 4-bed home is close to Fontenelle Blvd, the CHI Health Center, Charles Schwab Field, and top entertainment districts. Perfect for a first-time buyer, flipper, or investor using the BRRRR strategy. With plenty of potential to add value and equity, this property offers flexibility whether you’re looking for your first home or your next investment. Don’t miss out on this well-located gem in the heart of Omaha!

Listing Agent

Tim Traudt

Evolve Realty License #20200599 Listed on: 09/22/2025

Co-Listing Agent

Robert Anthony

Evolve Realty License #20171239

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,668

Year Built

  • Built in 1948

Lot Details

  • 6,534 Sq Ft Lot
  • Lot Dimensions are 100 x 68
  • Property is Fully Fenced
  • Chain Link Fence

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • Raised Ranch Architecture
  • Brick Exterior Construction
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,704 Sq Ft Home
  • Ceiling Fan
  • Formal Dining Room
  • Partially Finished Basement

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Main Floor Bedroom
  • 3 Bathrooms

Schools

  • Druid Hill Elementary School
  • Monroe Middle School
  • Benson High School

Additional Features

  • Patio
  • Forced Air Heating and Cooling System

Community Details

  • No Home Owners Association
  • Institute Place Subdivision

Listing and Financial Details

  • Assessor Parcel Number 1416050000

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,668

Year Built

Built in 1948

Lot Details

0

Parking

2

Listing Details

  • Parcel Number: 1416050000
  • Property Sub Type: Single Family Residence
  • Year Built: 1948
  • Prop. Type: Residential
  • Lot Size Acres: 0.15
  • Lot Size: 100 x 68
  • Co List Office Mls Id: 101896
  • Ownership: Fee Simple
  • Subdivision Name: Institute Place
  • Directions: Use GPS
  • Above Grade Finished Sq Ft: 1704
  • Architectural Style: Raised Ranch
  • Carport Y N: No
  • Garage Yn: Yes
  • New Construction: No
  • Kitchen Level: Main Floor
  • Special Features: None

Interior Features

  • Interior Amenities: Ceiling Fan(s), Formal Dining Room
  • Basement: Partially Finished
  • Basement YN: Yes
  • Three Quarter Bathrooms: 3
  • Total Bedrooms: 4
  • Fireplace: No
  • Living Area: 1704
  • Main Level Bathrooms: 2
  • Room Kitchen Area: 162.61
  • Room Bedroom2 Area: 153.27
  • Bedroom 1 Level: Main Floor
  • Room Bedroom2 Level: Main Floor
  • Room Bedroom3 Level: Basement
  • Room Dining Room Area: 147.5
  • Room Living Room Area: 293.82
  • Dining Room Dining Room Level: Main Floor
  • Living Room Living Room Level: Main Floor
  • Room Master Bedroom Area: 245.05
  • Master Bedroom Master Bedroom Level: Main Floor
  • Master Bedroom Master Bedroom Width: 16.9

Exterior Features

  • Foundation Details: Concrete Perimeter
  • Fencing: Chain Link, Full
  • Construction Type: Wood Siding, Brick/Other
  • Patio And Porch Features: Patio
  • Property Condition: Not New and NOT a Model

Garage/Parking

  • Garage Spaces: 2
  • Attached Garage: Yes
  • Covered Parking Spaces: 2
  • Parking Features: Built-In, Garage, Garage Door Opener
  • Total Parking Spaces: 2

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Natural Gas, Forced Air
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • High School: Benson
  • Elementary School: Druid Hill
  • Junior High Dist: Omaha
  • Middle Or Junior School: Monroe

Lot Info

  • Property Attached Yn: No
  • Lot Features: Up to 1/4 Acre.

Green Features

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 2668.28

Multi Family

  • Above Grade Finished Area Units: Square Feet

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 -- $138,100 $10,500 $127,600
2023 $2,668 $127,700 $10,500 $117,200
2022 $2,668 $125,000 $7,800 $117,200
2021 $2,089 $98,700 $7,800 $90,900
2020 $1,593 $74,400 $7,800 $66,600
2019 $2,156 $100,400 $800 $99,600
2018 $1,613 $75,000 $800 $74,200
2017 $1,236 $57,200 $800 $56,400
2016 $1,378 $64,200 $700 $63,500
2015 $1,584 $74,800 $6,600 $68,200
2014 $1,584 $74,800 $6,600 $68,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/22/2025 09/22/25 For Sale $205,000 +21.2% $120 / Sq Ft
05/06/2025 05/06/25 Sold $169,100 -6.1% $80 / Sq Ft
04/10/2025 04/10/25 Pending -- -- --
04/04/2025 04/04/25 For Sale $180,000 -- $86 / Sq Ft
Source: Great Plains Regional MLS

Mortgage History

Date Status Loan Amount Loan Type
Closed $159,100 New Conventional
Closed $94,200 New Conventional
Closed $77,000 New Conventional
Closed $68,884 FHA
Source: Public Records

Source: Great Plains Regional MLS

MLS Number: 22526988

Great Plains Regional MLS

APN: 1605-0000-14

Nebraska Douglas County Omaha 68111 Fairfax

3420 N 42nd St, Omaha, NE

This home is located at 3420 N 42nd St, Omaha, NE 68111 and is currently priced at $205,000, approximately $120 per square foot. This property was built in 1948. 3420 N 42nd St is a home located in Douglas County with nearby schools including Druid Hill Elementary School, Monroe Middle School, and Benson Magnet High School.

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Great Plains Regional MLS Listing information is provided by Participants of the Great Plains Regional Multiple Listing Service Inc.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.
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Tim Traudt
Listing Agent
Tim Traudt
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Evolve Realty
(402) 234-8562