About 423 N Madison Street
Opportunity awaits at 423 N Madison in Brainard! This 3-bedroom, 1-bath home offers approximately 1,504 sq ft of living space on a spacious 100' x 140' lot. With plenty of potential, this property could be a great option for an investor or a buyer looking for an affordable starter home they can make their own. Property includes detached garage/outbuilding space and room to add your personal touches. BANK OWNED PROPERTY – SOLD AS-IS. Seller will make no repairs. All offers/bids must be submitted through VRMProperties.com. Buyers and buyers' agents are encouraged to verify measurements, property information, condition and features to their satisfaction.
Features of 423 N Madison Street
| MLS® # | 22628704 |
|---|---|
| Price | $85,500 |
| Bedrooms | 3 |
| Bathrooms | 1.00 |
| Full Baths | 1 |
| Square Footage | 1,504 |
| Acres | 0.32 |
| Year Built | 1900 |
| Type | Residential |
| Sub-Type | Single Family Residence |
Community Information
| Address | 423 N Madison Street |
|---|---|
| Subdivision | MCALVINS ADD |
| City | Brainard |
| County | Butler |
| State | NE |
| Zip Code | 68626 |
Interior
| Heating | Propane, Forced Air |
|---|---|
| Cooling | Central Air |
| Fireplace | No |
| Stories | One and One Half |
| Has Basement | No |
| Walk-Out Basement | No |
| Total Finished Square Feet | 1,504 |
| Main Floor Square Feet | 1,088 |
| Second Floor Square Feet | 416 |
Room Details
| Room | Size | Level | Description |
|---|---|---|---|
| Living Room | 14 x 15 | Main Floor | |
| Dining Room | 15.5 x 14 | Main Floor | |
| Kitchen | 13.5 x 11.5 | Main Floor | |
| Master Bedroom | 12 x 10.5 | Main Floor | |
| Bedroom 2 | 10.5 x 12 | Main Floor | |
| Bedroom 3 | 10 x 10 | 2nd Floor |
Exterior
| Lot Description | Over 1/4 up to 1/2 Acre |
|---|---|
| Foundation | Other |
| Lot Dimensions | 100 x 140 |
| Lot Size Range | .25 to 1/2 Acre |
| # of Garages | 2 |
School Information
| District | East Butler |
|---|---|
| Elementary | Brainard |
| Middle | Brainard |
| High | Brainard |
Additional Information
| Date Listed | September 24th, 2026 |
|---|---|
| ListingOffice | EXIT Realty Professionals |
| RE / Bank Owned | Yes |
| Directions | From Hwy 92, take Cleveland/Rd T south to Brainard St. Go 2 blocks east to Madison St, then 1 block south. Property is on the east side. |
Financials
| Tax Amount | $1,187 |
|---|---|
| Tax Year | 2025 |
| Price Per Square Foot | $57 |