1404 N Madison St, Lexington, NE, 68850
About This Home
Welcome to this updated home, nestled in a peaceful neighborhood just steps away from Arbor Park. With 4 spacious bedrooms, 2 bathrooms and an expansive 2,318 square feet of living space, this home offers both comfort and functionality. Step inside to discover an inviting floor plan, featuring a cozy living room with a lot of natural light and ample room for both relaxing and entertaining. The kitchen flows seamlessly into a nice sized dining area. The home's layout features a large loft area, perfect for a home office, playroom, or additional living space. But that's not all - above the garage, you'll find a BONUS room, providing endless possibilities for a game room, gym or a guest suite. With plenty of space, move-in ready interior, and a bonus space that offers even more potential, this home is ready to make your own!
Getting Around
Somewhat Walkable
Very Limited Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 1938
Materials
- Roof: Comp/Shingle
- Construction materials: Frame,Vinyl Siding
Type & Style
- Home type: SingleFamily
- Property subType: Single Family Residence
Interior
Appliances
- Appliances included: Water Softener Owned,Electric Range,Refrigerator,Microwave,Electric Water Heater
- Laundry features: In Basement
Basement
- Area: 936
Basement
- Has basement: Yes
Bedrooms & Bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Main level bathrooms: 1
Dining Room
- Features: Formal
Features
- Walk-In Closet(s),Ceiling Fan(s)
- Finished area below ground: 936
- Finished area above ground: 2,318
Interior Area
- Total structure area: 2,318
- Total interior livable area: 3,254 sqft
Property
Details
- Parcel number: 240119223
- Zoning: RES
Features
- Levels: One and One Half
- Patio & porch: Deck
- Waterfront features: None
- Living area range: 2301-2500
Lot
- Lot size: 7,000 sqft
- Features: Landscaping: Poor
- Lot size dimensions: 50x140
Parking
- Total spaces: 2
- Parking features: Tandem
- Has garage: Yes
- Attached garage spaces: 2
- Covered spaces: 2
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Strong Wind
- Tornado
- Winter Weather
- Hail
- Lightning
- Cold Wave
- Heat Wave
- Inland Flooding
- Ice Storm
How This Home’s Risks Compare
FEMA Declared Disasters Across Nebraska Counties
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $1,339 | $16,068 |
| Home Insurance | $295 | $3,540 |
| Property Taxes | $299 | $3,588 |
| Electricity | $200 | $2,410 |
| Total | $2,133 | $25,596 |
Income You'd Need if You Spent...
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2025-08-25 | Price change | $264,900 |
| 2025-06-06 | Price change | $269,900 |
| 2025-01-31 | Price change | $280,000 |
| 2024-12-04 | Listed for sale | $293,000 |
| 2023-01-25 | Sold | $75,000 |
| 2023-01-17 | Pending sale | $65,000 |
| 2023-01-12 | Listed for sale | $65,000 |
| 2018-02-02 | Sold | $117,000 |
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