$165,000
SOLD MAY 21, 2026

701 E 2nd St Madison, NE 68748

2 Beds
2 Baths
1,340 Sq Ft
10,019 Sq Ft Lot Lot

Sale Details

Date Sold: May 21, 2026

$123 Per Sq Ft

3% Below List Price

32 Days on Market

Highlights

  • 1 Car Detached Garage
  • Central Air
  • Vinyl Flooring
  • Bungalow
  • Water Softener is Owned

About This Home

As of May 2026

Step into this move-in ready bungalow that combines charm, comfort, and functionality! Featuring an open floor plan, this home offers a seamless flow between the living, dining, and kitchen areas — perfect for everyday living and entertaining. You’ll love the spacious bedrooms with ample closet space and the abundance of natural light that fills the home, creating a warm and inviting atmosphere throughout. Downstairs, the basement offers bonus rooms that provide flexibility for a home office, workout space, hobby room, or additional guest area. Outside, enjoy relaxing mornings or quiet evenings on the covered front porch. There is a nice sized backyard — ideal for outdoor gatherings, pets, or gardening. The one-car detached garage adds convenience along with extra storage space. This charming bungalow is truly move-in ready and waiting for its next owner to call it home!

Last Agent to Sell the Property

Karen Petersen

INSPIRE HOME & LAND REALTY License #20030035 Listed on: 02/21/2026

Last Buyer's Agent

Rosie Santillan

RE/MAX ASSOCIATES License #20250442

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1924

Home Design

  • Bungalow
  • Frame Construction
  • Composition Shingle Roof

Interior Spaces

  • 1,340 Sq Ft Home
  • Window Treatments
  • Vinyl Flooring

Kitchen

  • Electric Range
  • Microwave
  • Disposal

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Bathrooms

Basement

  • Basement Fills Entire Space Under The House
  • Laundry in Basement
  • 1 Bathrooms in Basement

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • 1 Car Detached Garage
  • Garage Door Opener

Utilities

  • Central Air
  • Water Softener is Owned

Listing and Financial Details

  • Assessor Parcel Number 590006843

Home Details

Home Type

Single Family

Year Built

Built in 1924

Lot Details

10,019 Sq Ft Lot

Listing Details

  • Class: RESIDENTIAL
  • Style: Bungalow
  • Age: 61+
  • Estimated Above Ground Sq Ft: 936
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Window Coverings: All
  • Bedrooms: 2
  • Dining Room: Formal, Vinyl
  • Kitchen: Electric Range, Garbage Disposl, Refrigerator, Microwave, Vinyl
  • Living Room: Vinyl
  • Laundry: Basement
  • Estimated Basement Sq Ft: 936
  • Estimated Main Sq Ft: 936
  • Has Basement: Full
  • Basement YN: Yes
  • Basement Bathrooms: .75
  • Bathrooms Main: 1
  • Main Bedroom: 2
  • Interior Special Features: Garg Dr Opener, Water Soft Own, Smoke Detector, Carbon Monoxide Detector
  • Sq Ft Above Ground: 801-1000
  • Total Bathrooms: 2
  • Estimated Total Finished Sq Ft: 1340

Exterior Features

  • Construction: Frame
  • Roof: Comp/Shingle
  • Street Road: Paved, City Maintained, Sidewalk
  • Waterfront: None

Garage/Parking

  • Garage Capacity: 1
  • Garage Type: Detached

Utilities

  • Heating Cooling: Gas Forced Air, Central Air
  • Utilities: City Water, City Sewer, Natural Gas, Electricity

Lot Info

  • Landscaping: Good
  • Lot Size: 9,900sqft
  • Parcel #: 590006843

Building Info

  • Year Built: 1924

Tax Info

  • Year: 2025
  • Taxes: $1,201.90

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 21, 2026
Closed on
May 13, 2026
Sold by
Bought by
Seller's Agent
Karen Petersen
INSPIRE HOME & LAND REALTY
Buyer's Agent
Rosie Santillan
RE/MAX ASSOCIATES
List Price
$169,900
Sold Price
$165,000
Premium/Discount to List
-$4,900
-2.88%
Views
18

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
76.45%
Original Mortgage
$8,250
Outstanding Balance
$8,250
Interest Rate
6.37%
Mortgage Type
New Conventional
Estimated Equity
$160,541

Purchase Details

Listed on
Feb 21, 2026
Closed on
May 5, 2026
Sold by
Bought by
Seller's Agent
Karen Petersen
INSPIRE HOME & LAND REALTY
Buyer's Agent
Rosie Santillan
RE/MAX ASSOCIATES
List Price
$169,900
Sold Price
$165,000
Premium/Discount to List
-$4,900
-2.88%
Views
18

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$8,250
Outstanding Balance
$8,250
Interest Rate
6.37%
Mortgage Type
New Conventional
Estimated Equity
$160,541

Purchase Details

Closed on
Sep 10, 2020
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$91,250
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 26, 2019
Sold by
Bought by

Purchase Details

Closed on
Jul 31, 2000
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Type Sale Price Title Company
Warranty Deed $165,000 Stewart Title
Warranty Deed -- Stewart Title
Warranty Deed $92,000 None Available
Quit Claim Deed -- None Available
Assessor Sales History $52,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Loan Amount Loan Type
Open $8,250 New Conventional
Open $162,011 FHA
Previous Owner $91,250 New Conventional
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
05/21/2026 05/21/26 Sold $165,000 -2.9% $123 / Sq Ft
03/25/2026 03/25/26 Pending -- -- --
02/21/2026 02/21/26 For Sale $169,900 -- $127 / Sq Ft
Source: Norfolk Board of REALTORS®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $1,202 $110,474 $9,900 $100,574
2024 $1,114 $93,454 $7,425 $86,029
2023 $1,553 $86,054 $7,425 $78,629
2022 $1,226 $67,949 $3,960 $63,989
2021 $1,107 $61,093 $3,960 $57,133
2020 $1,010 $56,376 $3,960 $52,416
2019 $911 $52,048 $3,960 $48,088
2018 $809 $49,668 $3,960 $45,708
2017 $819 $49,668 $3,960 $45,708
2016 $765 $45,858 $3,960 $41,898
2015 $763 $45,858 $3,960 $41,898
2014 $847 $45,858 $3,960 $41,898
2013 $873 $43,006 $3,248 $39,758
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Norfolk Board of REALTORS®

MLS Number: 260089

Norfolk Board of REALTORS®

APN: 590006843

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