1639 Prospect St, Lincoln, NE 68502 Property Records

Lancaster County property record for 1639 Prospect St, Lincoln, NE 68502

Property Summary

Property Type	Residential Multi-Family (5+ Units)
Details	3,900 sqft · built 1973
Lot Size	0.16 acres (6,970 sqft)
Owner	Company Name on Record
Tax Bill	$5,597 (2025)
Deeds & Mortgages	Aug 2022 Line of Credit Feb 2020 Line of Credit
Flood Zone	Zone X (minimal risk)
APN	`10-36-120-003-000`

Property Details

APN / Parcel Number

Primary APN	`10-36-120-003-000`

Interior

Units	4 Units
Stories	2 Stories
Building Area	3,900 sqft Total Area

Exterior

Year Built	Built 1973
Exterior Material	Brick Veneer
Lot Area	6,970 sqft (0.16 acres)
Lot Dimensions	140 ft deep x 50 ft wide

Utilities, Heating & Cooling

Cooling System	Refrigeration
Heating System	Forced Air

Location & Zoning

Street Address	1639 PROSPECT ST
City	LINCOLN
State	NE
Zip	68502-2647
Property Category	Residential
Property Type	Residential > Multi-Unit > Residential Multi-Family (5+ Units)
Local Zoning Code	R5
Legal Description	BURRS (C C) SUBDIVISION, BLOCK 8, LOT 4
Legal Subdivision	BURRS (C C) SUBDIVISION
Legal Block	8
Legal Lot Number	4
Jurisdiction	LANCASTER NE
Township / Civil Division	LINCOLN
Census Block Group	1
Census Block	1014
Census Tract	2200

Owner

Source: Lancaster County records, as of March 16, 2026

Owner names and exact recorded amounts are on file and can be viewed instantly on this page with a free 10-day trial.

Owner of Record	Company Name on Record
Mailing Address	PO BOX 6844, LINCOLN, NE 68506-0844
Owner Type	Company

Deeds, Mortgages & Sale History

Date	Document
Aug 10, 2022	Deed of Trust, Mortgage · Line of Credit MADISON COUNTY BANK
Feb 10, 2020	Deed of Trust, Mortgage · Line of Credit FRONTIER BANK

Assessor's Deed Record

Deed Names	Name on Deed
Record Updated	Jun 8, 2026

August 2022: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	LANCASTER NE
Property Address	1639 PROSPECT ST, LINCOLN, NE 68502-2647
Transaction Type	Mortgage
Record Updated	Nov 24, 2023

Transferred To (Grantee/Buyer)

Name	Verified Name

Mortgage

Document Number	0000034557
Date	Aug 10, 2022
Instrument	2022034557

Lender

Name	MADISON COUNTY BANK
Type	Bank
Address	NORFOLK, NE 68701

Agreement

Type	Line of Credit
Amount	Amount Recorded

February 2020: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	LANCASTER NE
Property Address	1639 PROSPECT ST, LINCOLN, NE 68502-2647
Transaction Type	Mortgage
Record Updated	Feb 5, 2021

Transferred To (Grantee/Buyer)

Name	Verified Name

Mortgage

Document Number	0000005997
Date	Feb 10, 2020
Instrument	2020005997

Lender

Name	FRONTIER BANK
Type	Bank
Address	LINCOLN, NE 68516

Agreement

Type	Line of Credit
Amount	Amount Recorded

Interest

Rate Type	Adjustable Rate

Tax Assessment & Valuation

Source: Lancaster County assessment roll, as of December 31, 2025

Property Jurisdictions

Type	Name
State	Nebraska
County	Lancaster County
Municipality	Lincoln City
Unified School District	Lincoln Public Schools (PK - 12)

Tax Bill & Assessment History

Year	Tax Bill	Assessed Value	Assessed Market Value
2025	$5,597.00 (+15.28%)	$316,900 (+9.39%) Land $28,800 Building $288,100	$316,900 (+9.39%) Land $28,800 Building $288,100
2023	$4,855.00	$289,700 Land $32,000 Building $257,700	$289,700 Land $32,000 Building $257,700

Assessed value and assessed market value are set for property tax purposes and are not market price estimates.

Flood

Source: FEMA National Flood Hazard Layer, effective September 15, 2026

FEMA Flood Zone	Zone X minimal risk
Flood Insurance Requirement	Not required lenders may require it

Values are read at the parcel center point; lenders make the official flood determination.

Wildfire

Source: USDA Forest Service Wildfire Risk to Communities (2nd edition), as of 2024

Wildfire Risk	Not rated no burnable land within ember reach

Values cover an area roughly 900 ft across, not the parcel itself; insurers use their own ratings.

Drinking Water

Source: EPA Safe Drinking Water Information System, as of September 2026

Water System	CITY OF LINCOLN serves 296,000 people · EPA ID NE3110926
Water Source	Groundwater influenced by surface water
Last State Inspection	Aug 2024
Lead	5 ppb (2023–2025) action level 15 ppb

Violations Reported to EPA

Water Quality	None last 10 years
Treatment and Procedure	None last 10 years
Monitoring and Reporting	None last 3 years

Results are for the whole water system, not water tested at this address; lead at the tap also depends on the building's own pipes.

Internet Providers

Source: FCC Broadband Data Collection, based on 751 locations within half a mile, as of December 31, 2025

Provider	Max Down / Up (Mbps)
Allo Communications Fiber	2,300 / 2,300
Windstream Fiber · DSL in parts of the area	2,000 / 2,000
Spectrum Cable	1,000 / 1,000
Verizon Fixed Wireless	300 / 20
T-Mobile Fixed Wireless	100 / 20
AT&T Fixed Wireless	100 / 20

May also be available: Nextlink.

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