Forms for Individuals. Nebraska Homestead Exemption.Nebraska Homestead Exemption Application, Form 458. The County Assessor is an elected official who has the general supervision over and the direction of the assessment of all property in his or her county. Two types of property are taxed in Nebraska: real property and tangible personal property. The property owner may be entitled to a homestead exemption if he or she owns a single-family residence and occupies it as their primary residence. Why is the park located in southeast Nebraska? Homestead National Historical Park is located on the original homestead claim of Daniel Freeman. The Nebraska Homestead Exemption program is a property tax relief program that reduces all or a portion of taxes for homeowners in Nebraska who occupy a home.