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406 Martha St, Newcastle, NE, 68757

2beds
2baths
2,826sqft
$250,000
$88price/sqft
$1,761/moest. monthly cost
$70,440/yrincome needed

About This Home

This spacious 1978 ranch offering a versatile layout, quality updates, and exceptional workspace options. The main level features a generously sized primary bedroom created by combining two original bedrooms, providing an expansive retreat while still allowing flexibility for future needs. The kitchen and dining area are designed with functionality in mind, offering abundant cabinetry, extensive countertop space, and room for gathering. Throughout the home you'll find a blend of heated tile flooring, beautiful wood, tile, and laminate finishes that add both warmth and durability. The inviting living room centers around a cozy wood-burning fireplace, creating the perfect place to unwind. The finished lower level expands the living space with a large recreation room and three additional non-conforming rooms that can easily accommodate hobbies, a home office, fitness space, or extra storage. Step outside to enjoy the recently stained wood deck that wraps around the north and east sides of the home, complemented by a patio area that's ideal for relaxing or entertaining. The attached two-car garage is paired with an impressive 40' x 30' metal building currently outfitted as a woodworking shop, offering endless possibilities for projects, equipment, or additional storage. Major mechanical updates provide added value, including a Bosch furnace and central air system installed in 2025, along with dual water heaters replaced in 2026. This well-maintained property combines generous living space, quality improvements, and outstanding utility inside and out. Seller is offering this home as is.

Getting Around

16
WalkingCar-Dependent
0
TransitVery Limited Transit
31
BikeSomewhat Bikeable

Schools

7/10
Hartington High SchoolGrades 7-1220.1 mi
7/10

Construction

Condition

  • Year built: 1978

Materials

  • Roof: Metal

Type & Style

  • Home type: SingleFamily
  • Architectural style: Ranch
  • Property subType: Single Family Residence,Residential

Interior

Appliances

  • Appliances included: Water Softener: Owned
  • Laundry features: In Basement

Basement

  • Has basement: Yes
  • Basement: Full

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 2
  • Main level bathrooms: 1
  • Main level bedrooms: 2

Features

  • Computer Area,Entrance Foyer,Loft
  • Flooring: Hardwood,Heated Floor
  • Number of fireplaces: 1
  • Fireplace features: Wood Burning
  • Fireplace: Yes
  • Finished area below ground: 1,226
  • Finished area above ground: 1,600

Heating & Cooling

  • Heating features: Forced Air,See Remarks
  • Cooling features: Central Air

Interior Area

  • Total structure area: 2,826
  • Total interior livable area: 2,826 sqft

Property

Details

  • Parcel number: 0016180.00

Features

  • Patio & porch: Deck

Lot

  • Lot size: 0.68 Acres
  • Features: Garden,Level,See Remarks

Parking

  • Total spaces: 2
  • Parking features: Attached,Multiple,Garage Door Opener,Concrete
  • Has garage: Yes
  • Attached garage 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

  • Hail
    HailVery High
  • Tornado
    TornadoVery High
  • Drought
    DroughtRelatively High
  • Inland Flooding
    Inland FloodingRelatively High
  • Strong Wind
    Strong WindRelatively High
  • Winter Weather
    Winter WeatherRelatively High
  • Cold Wave
    Cold WaveModerate
  • Heat Wave
    Heat WaveModerate
  • Ice Storm
    Ice StormModerate
  • Landslide
    LandslideModerate

How This Home’s Risks Compare

Hail
Tornado
Drought
Inland Flooding
Strong Wind
Winter Weather
Cold Wave
Heat Wave
Ice Storm
Landslide

FEMA Declared Disasters Across Nebraska Counties

Fire
Flood
Severe Storm
Straight Line Winds
Tornado
Winter Storm

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

MonthlyAnnual
Mortgage $1,264$15,168
Home Insurance $128$1,536
Property Taxes $195$2,340
Electricity $174$2,093
Total$1,761$21,132

Income You'd Need if You Spent...

35% on housing$60,377/yr
40% on housing$52,830/yr
45% on housing$46,960/yr

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.

Insurance Growth Rate5-year average: 9.4%
9.4%
0%30.0%
Electricity Growth Rate10-year average: 1.9%
1.9%
0%15.0%
Property Taxes Growth Rate2-year average: 6.1%
6.1%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$88This listing

vs Other Active Listings

Avg $/sqft

ZIP 68757$74
Dixon County$100

vs Homes Sold Last Month

Median $/sqft

ZIP 68757$167
Dixon County$104

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)

No zestimate history available

Price History

DateEventPrice
2026-08-07Pending sale$250,000
2026-07-30Listed for sale$250,000

For Sale by Agent

AgentNick Tramp
BrokerageUnited Real Estate Solutions

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