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5620 Madison Ave

Lincoln, NE 68507

3 bd 2 ba 1,699 sqft Built 1928 Lot 7,508 sqft single_family
Most recent sale
$225,000
May 31, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
May 31, 2022 Sold $225,000 Public Record
May 26, 2022 Sold $225,000 GreatPlainsRegional
Apr 25, 2022 Price changed $225,000 MLS #22203860
Apr 20, 2022 Listed $200,000 MLS #22203860
Jun 1, 2021 Sold $125,000 Public Record
Dec 21, 2018 Sold $59,900 MLS #711356
Jul 18, 2007 Sold $76,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $178,100 $40,000 $218,100 $2,802
2024 $178,100 $40,000 $218,100 $3,010
2023 $166,300 $40,000 $206,300 $3,457
2022 $101,900 $35,000 $136,900 $2,576
2021 $101,900 $35,000 $136,900 $2,581
2020 $90,500 $30,000 $120,500 $2,302
2019 $90,500 $30,000 $120,500 $2,302
2018 $105,200 $30,000 $135,200 $2,595
2017 $105,200 $30,000 $135,200 $2,619
2016 $95,500 $30,000 $125,500 $2,443
2015 $95,500 $30,000 $125,500 $2,426
2014 $81,800 $25,000 $106,800 $2,077
2013 $81,800 $25,000 $106,800 $2,087
2012 $81,800 $25,000 $106,800 $2,080
2010 $82,900 $23,800 $106,700 $2,129
2009 $82,900 $23,800 $106,700 $2,146
2008 $71,324 $25,000 $96,324 $1,954
2007 $96,324 $1,935

Property facts

Year built
1928
Property type
single_family
Stories
2
Beds
3
Baths
2
Living area
1,699 sqft
Lot size
7,508 sqft
ZIP code
68507
City
Lincoln
Street
Madison Ave
Coordinates
40.84048, -96.64356

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$2,549
Gross rental yield
13.59%
Implied cap rate
8.84%
Trend-extrapolated value

Frequently asked questions

When did 5620 Madison Ave last sell?
5620 Madison Ave most recently sold on May 31, 2022 for $225,000.
What is the current tax assessment for 5620 Madison Ave?
The most recent total assessment for 5620 Madison Ave (year 2025) is $218,100 with $2,802 in property tax.
How does 5620 Madison Ave's assessment compare to its last sale price?
The current assessment is 3.1% below the last sale price of $225,000.
When was 5620 Madison Ave built?
5620 Madison Ave was built in 1928.
How does 5620 Madison Ave compare to others on Madison Ave?
We track 8 other properties on Madison Ave. Browse the list under "Other properties on Madison Ave" to compare beds, baths, and sale history.
What are the property facts for 5620 Madison Ave?
5620 Madison Ave is a 3 bed, 2 bath, 1,699 sqft, 7,508 sqft lot single_family.
Is 5620 Madison Ave a flip candidate?
Yes — 5620 Madison Ave appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 5620 Madison Ave a tax-appeal candidate?
No — 5620 Madison Ave is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
-0.3%
Implied 1-yr
-1.1%
2026 Q3
$355.7K
2026 Q4
$354.8K
ZIP 68507 — Median Price History + Forecast

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