505 E Prospect Ave, Norfolk, NE 68701 Property Records

Madison County property record for 505 E Prospect Ave, Norfolk, NE 68701

Property Summary

Property TypeSingle Family Home
Details3 bd · 2.5 ba · 1,232 sqft · built 1970
Lot Size0.19 acres (8,276 sqft)
OwnerIndividual Name on File
Last Sale$173,000 (Jul 2019)
Tax Bill$2,463 (2025)
Deeds & MortgagesSep 2020 Mortgage
Jul 2019 Sale & Mortgage
+ 1 more
Flood ZoneZone X (minimal risk)
APN590116525

Property Details

APN / Parcel Number

Primary APN590116525

Interior

Bedrooms3 Beds
Full Baths2.5 Baths
Half Baths1 Half Bath
Total Rooms5 Rooms
Stories1 Story
Building Area1,232 sqft Living Area
1st Floor Area1,232 sqft
Basement Area1,232 sqft
Finished Basement1,232 sqft
FlooringCarpet
Interior WallsWallboard/Drywall

Exterior

Year BuiltBuilt 1970
Effective Year BuiltEffective 1970
Exterior MaterialMetal
Construction TypeFrame
Roof MaterialComposition Shingle
Lot Area8,276 sqft (0.19 acres)
Garage TypeAttached
Garage Area528 sqft
Parking Spaces2 Parking Spaces
PorchSlab
Porch Area168 sqft

Utilities, Heating & Cooling

Cooling SystemHVAC
Heating SystemHVAC
Heating FuelGas

Location & Zoning

Street Address505 E PROSPECT AVE
CityNORFOLK
StateNE
Zip68701-4338
Property CategoryResidential
Property TypeResidential > Single Family > Home
Local Zoning CodeSINGLE FAM
Legal DescriptionWALTERS WEDGEWOOD ADDITION LOT 31; MAP NUMBER: 1501-00-0-62238-000-0030
Legal Range01
Legal Township24
Legal Section00
Legal SubdivisionWALTERS WEDGEWOOD ADD
Legal Lot Number31
JurisdictionMADISON NE
Township / Civil DivisionNORFOLK
Census Block Group3
Census Block3021
Census Tract960600

Owner

505 E Prospect Ave is owned and occupied by an individual who bought it in July 2019.

Source: Madison County records, as of May 29, 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 RecordIndividual Name on File
Mailing Address505 E PROSPECT AVE, NORFOLK, NE 68701-4338
OccupancyOwner Occupied
Owner TypeIndividual
VestingEt Al (and Others)

Deeds, Mortgages & Sale History

DateDocument
Sep 8, 2020Deed of Trust, Mortgage · Conventional Mortgage
FRONTIER BANK
Jul 2, 2019Warranty Deed, Transfer · Conventional Mortgage
FRONTIER BANK
Oct 19, 2018Deed of Trust, Mortgage · Line of Credit
MIDWEST BANK

Assessor's Deed Record

Deed NamesName on Deed
Last SaleJul 2, 2019 · Amount on File
Deed SaleJul 2, 2019 · Amount on File
Prior SaleApr 21, 2006 · Amount on File
Deed Book / Page2019 / 2583
Record UpdatedSep 20, 2026

September 2020: Deed of Trust, Mortgage

Document TypeDeed of Trust
JurisdictionMADISON NE
Property Address505 E PROSPECT AVE, NORFOLK, NE 68701-4338
Transaction TypeMortgage
Record UpdatedFeb 5, 2021
Title CompanySTEWART TITLE NORFOLK

Transferred To (Grantee/Buyer)

NameVerified Name

Mortgage

Document Number2020/4606
DateSep 8, 2020
Book Page2020/4606
Lender
NameFRONTIER BANK
TypeBank
AddressLINCOLN, NE 68516
Agreement
TypeConventional Mortgage
AmountAmount on Record
Term361 Months
DueOct 1, 2050

July 2019: Warranty Deed, Transfer

Document TypeWarranty Deed
JurisdictionMADISON NE
Recording DateJul 2, 2019
Property Address505 E PROSPECT AVE, NORFOLK, NE 68701-4338
Document Number02019/2583
Book / Page2019 / 2583
Instrument DateMay 30, 2019
Transaction TypeTransfer
Record UpdatedMar 1, 2022
Title CompanySTEWART TITLE COMPANY-F, STEWART TITLE COMPANY

Transaction

AmountAmount on Record
DownpaymentDownpayment on Record
Loan-to-Value (LTV)LTV on Record
Tax$389.25
Amount AccuracyCalculated from Transfer Tax
Additional
  • Arm's Length

Transferred From (Grantor/Seller)

NameVerified Name

Transferred To (Grantee/Buyer)

NameVerified Name
RelationshipJoint Tenants with Right of Survivorship

Mortgage

Document Number0020192584
DateJul 2, 2019
Instrument2019/2584
Lender
NameFRONTIER BANK
TypeBank
Agreement
TypeConventional Mortgage
AmountAmount on Record
Term360 Months
DueJul 1, 2049

October 2018: Deed of Trust, Mortgage

Document TypeDeed of Trust
JurisdictionMADISON NE
Property Address505 E PROSPECT AVE, NORFOLK, NE 68701-4338
Transaction TypeMortgage
Record UpdatedNov 2, 2018

Transferred To (Grantee/Buyer)

NameVerified Name
Address505 E PROSPECT AVE, NORFOLK, NE 68701-4338

Mortgage

Document Number2018/4496
DateOct 19, 2018
Book Page2018/4496
Lender
NameMIDWEST BANK
TypeBank
AddressNORFOLK, NE 68701
Agreement
TypeLine of Credit
AmountAmount on Record
Interest
Rate TypeAdjustable Rate
Change FrequencyMonthly

Tax Assessment & Valuation

The 2025 property tax bill for 505 E Prospect Ave was $2,463.

Source: Madison County assessment roll, as of May 29, 2026

Property Jurisdictions

TypeName
StateNebraska
CountyMadison County
MunicipalityNorfolk City
Unified School DistrictNorfolk Public Schools (PK - 12)

Tax Bill & Assessment History

YearTax BillAssessed ValueAssessed Market Value
2025$2,463.00$210,977 Land $11,495 Building $199,482$210,977 Land $11,495 Building $199,482
2023$3,345.00$180,950 Land $11,495 Building $169,455$180,950 Land $11,495 Building $169,455

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

Flood

FEMA maps place 505 E Prospect Ave in Zone X, an area of minimal flood risk.

Source: FEMA National Flood Hazard Layer, effective January 2, 2019 · OpenFEMA NFIP redacted claims and policies, as of September 2026

FEMA Flood ZoneZone X
minimal risk
Flood Insurance RequirementNot required
lenders may require it
Nearby Flood Policies2 in force

Values are read at the parcel center point; flood claims are located to the census block group, not this parcel; lenders make the official flood determination.

Wildfire

The area around 505 E Prospect Ave has no burnable land within ember reach, so its wildfire risk is not rated.

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

Wildfire RiskNot 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 SystemCITY OF NORFOLK
serves 26,147 people · EPA ID NE3111910
Water SourceGroundwater
Last State InspectionNov 2023
Lead5 ppb (2023–2025)
action level 15 ppb

Violations Reported to EPA

Water QualityNone
last 10 years
Treatment and ProcedureNone
last 10 years
Monitoring and ReportingNone
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. The service area is an EPA estimate; the actual supplier may differ.

Internet Providers

Source: FCC Broadband Data Collection, based on 350 locations within half a mile, as of December 31, 2025

ProviderMax Down / Up (Mbps)
Allo Communications
Fiber
2,300 / 2,300
Nextlink
Fixed Wireless
1,000 / 1,000
Sparklight
Cable · Fiber in parts of the area
1,000 / 50
Verizon
Fixed Wireless
300 / 20
T-Mobile
Fixed Wireless
100 / 20

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