507 E 2nd St, Madison, NE 68748
OFF MARKET

$117,700

Trulia Estimate
  • 2 Beds
  • 1 Bath
  • 940 sqft

507 E 2nd St, Madison, NE 68748

Refinance Your Home
Currently Off Market - Sold Feb 1, 2021 for $258,444

Home Value

Trulia Estimate
$118K
Since last month
Decreased$8K (-6.2%)
Since last year
Increased$12K (+11%)
Since last sale
Decreased$141K (-54.5%)
Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

Trulia Estimate

The of this home's value increased by +202% in the last 10 years
MonthEstimated value
2026
August 2026$118K
August 2026$117K
July 2026$126K
June 2026$126K
May 2026$131K
April 2026$121K
March 2026$116K
February 2026$108K
January 2026$108K
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
2300 Madison St, Omaha, NE
0.29
Single-Family Home
$183,000
01/28/26
3
1
1,272
408 E 3rd St, Madison, NE
0.06
Single-Family Home
$70,000
07/28/26
4
1
1,976
305 W 3rd St, Madison, NE
0.45
Single-Family Home
$180,000
09/25/25
2
2
979
401 E 3rd St, Madison, NE
0.11
Single-Family Home
$119,900
07/14/26
4
2
1,576
904 S Main St, Madison, NE
0.55
Single-Family Home
$176,000
10/20/25
2
3
1,020

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
201 Ruby St, Madison, NE 68748
0.01
$143,200
3
1
1,615
Off Market
510 E 2nd St, Madison, NE 68748
0.04
-
3
2
-
Off Market
508 E 2nd St, Madison, NE 68748
0.04
$52,100
2
2
924
Off Market
504 E 2nd St, Madison, NE 68748
0.04
-
1
1
1,079
Off Market
502 E 2nd St, Madison, NE 68748
0.05
$91,900
3
2
1,210
Off Market
407 E 2nd St, Madison, NE 68748
0.05
-
3
1
966
Off Market
405 E 2nd St, Madison, NE 68748
0.06
$101,500
2
2
1,290
Off Market
403 E 2nd St, Madison, NE 68748
0.07
$154,400
3
1
1,182
Off Market

Local Information

  • Map ViewExplore the area around 507 E 2nd St.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Single-Family Home
Built in 1916
940 sqft
$125/sqft
Garage

About this House

This single-family home is located at 507 E 2nd St, Madison, NE. 507 E 2nd St is in Madison, NE and in ZIP code 68748. This property has 2 bedrooms, 1 bathroom and approximately 940 sqft of floor space. This property has a lot size of 8712 sqft and was built in 1916.
507 E 2nd St, Madison, NE 68748 is a 2 bedroom, 1 bathroom, 940 sqft single-family home built in 1916. It last sold for $258,444 on Feb 1, 2021. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $117,700, with a rent estimate of $1,181/month.

Home Details for 507 E 2nd St

Interior Features

Interior Details
BasementNumber of Rooms: 6
Heating & Cooling
Heating: BaseboardHeating Fuel: Baseboard
Levels, Entrance, & Accessibility
Stories: 1

Exterior Features

Exterior Home Features
Roof: CompositionDeckExterior: WoodFoundation Type: Concrete BlockPatio
Parking & Garage
GarageParking: Garage Attached, Garage Detached

Property Information

Year Built
Year Built: 1916
Property Type / Style
Property Type: Single Family Home

Lot Information

Lot Area: 8712 sqft

Price and Tax history

DateEventPrice
Feb 1, 2021
Source: N/A
Sold
$258,444
Oct 19, 2005
Source: N/A
Sold
$25,000

Market trends in Madison

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
—
Sale-to-List Price
—
Price per sq ft
—
Available listings
10
2MoM

Around this home

View nearby schools on GreatSchools
The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

What Locals Say about Madison

At least 4 Trulia users voted on each feature.

  • 100 % Say people would walk alone at night

  • 100 % Say parking is easy

  • 88 % Say kids play outside

  • 80 % Say there are sidewalks

  • 78 % Say yards are well-kept

  • 67 % Say there's holiday spirit

  • 57 % Say it's walkable to restaurants

  • 50 % Say it's dog friendly

  • 50 % Say there are community events

  • 50 % Say it's quiet

  • 50 % Say it's walkable to grocery stores

  • 36 % Say they plan to stay for at least 5 years

  • 32 % Say neighbors are friendly

  • 29 % Say streets are well-lit

  • 25 % Say car is needed

  • 14 % Say there's wildlife

Sourced by Trulia users. Learn more about our methodology.
  • Romi D.
    "I don’t like Madison for long term living . I find the city as very boring at times. I think is could be good for investment but not for living "
    1
    Flag
  • Noelongoria25
    "everyone knows everyone no theft no robberies. If we see someone who doesn't belong here we would know.Safe community "
    0
    Flag

LGBTQ Local Legal Protections

Frequently asked questions about 507 E 2nd St

  • What is 507 E 2nd St estimated to be worth?
    Trulia's estimated value for 507 E 2nd St in Madison, NE is $117,700.
  • What is the price history for 507 E 2nd St?
    507 E 2nd St in Madison, NE last sold for $258,444 in February 2021.
  • Is Madison a buyer's or seller's market?
    Madison is currently a buyer's market, based on recent for-sale activity.
  • What are the closest schools to 507 E 2nd St?
    The closest schools to 507 E 2nd St in Madison, NE are Madison Elementary School (Pre-K, rated 3/10), Madison High School (rated 2/10), Madison Middle School (rated 4/10).
  • How big is the lot at 507 E 2nd St?
    The lot at 507 E 2nd St in Madison, NE is about 0.20 acres (8,712 sq ft).
  • Does 507 E 2nd St have a garage?
    Yes, 507 E 2nd St in Madison, NE has a garage.

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Off Market Homes Near 507 E 2nd St

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