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115 South Ln; Albert Lea, MN Property Details

115 South Ln, Albert Lea, MN is a Single Family that was built in 1964. This property is currently Financed and is for sale. Our records show that 115 South Ln has 3 bedrooms, and 2 bathrooms, and a total of 1,921 square feet. The lot size of 115 South Ln is 13,482 square feet.

On Market for 103 days
115 South Ln Albert Lea, MN 56007
$434,900 Listing Price
3 Beds
2 Baths
1,921 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1964
  • Purchase Price: $420,000
  • Open Loans / Balance: 1 / $355,941
  • Est. Equity / %: $74,059 / 17.22%
  • APN: 34.135.0060
  • Situs County: Freeborn
  • Length Of Ownership: 4 years, 2 months

Rooms

  • Bedrooms: 3
  • Bathrooms: 2
  • Full Bathrooms: 2
  • Total Rooms: 9
  • Partial Bathrooms: 1

Structure

  • Building Style: Frame
  • Floor Cover Type: Hardwood
  • Stories: 1
  • Exterior Wall Type: Wood Siding
  • Interior Wall Type: Gypsum Board (Drywall, Sheetrock, etc.)
  • Building Condition: Average
  • Roof Type: Gable
  • Roof Cover Type: Asphalt
  • Deck: true

Measurements

  • Total: 1,921/SqFt
  • Lot: 13,482/SqFt
  • Garage: 505/SqFt
  • Living: 1,921/SqFt
  • Basement: 800/SqFt
  • Building: 1,921/SqFt
  • Ground: 1,850/SqFt
  • Basement Finished: 800/SqFt
  • Garage Unfinished: 505/SqFt
  • Basement Unfinished: 1,546/SqFt
  • Price Per Square Foot: $218.64

Legal Description

  • Description: SHORELAND HEIGHTS LOT-07+ BLOCK-001 REV DESC NO. 1425 PT LOTS 7 & 8 BLK 1 SHORELAND HEIGHTS SUBD CITY OF ALBERT LEA
Building Insights

Land Information

  • Property Type: Single Family
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Albert Lea Public School District
  • Lat / Lon: 43.6605 / -93.382385
  • Subdivision: Shoreland Heights
  • Property Class: Residential
  • County Use Code: 201

Amenities

  • Plus Four: 1449
  • Bathroom Fixtures: 3
  • Cooling: Yes
  • Fireplaces: 1
  • Garage: Attached Garage
  • Heating: Baseboard

Ownership Info

115 South Ln has no associated ownership info
115 South Ln has no associated ownership info.

Taxes

115 South Ln has 10 associated Taxes items

115 South Ln, Albert Lea, MN pays taxes in Freeborn County, MN. The most recent tax assessment records are from 2026 and show that the current assessed value of the property is $421,100. The APN we've located for 115 South Ln is 34.135.0060.

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Taxes
  • Assessed Value:  $421,100
  • Assessed Year:  2026
  • Assessed County:  Freeborn
  • APN:  34.135.0060
  • Assessed Land Value:  60700
  • Market Land Value:  60700
  • Tax Amount:  6974
  • Tax Year:  2026
  • Market Value:  421100
  • Market Year:  2026

Tax History

115 South Ln has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2026 Assessed Value $421,100 Land Value $60,700 Improvement Value $360,400 Tax Amount $6,974 Change Rate Assessed CR Tax Rate +0.016561%
Year 2025 Assessed Value Land Value Improvement Value Tax Amount $6,974 Change Rate +0.125928% Assessed CR Tax Rate
Year 2024 Assessed Value $407,100 Land Value $60,700 Improvement Value $346,400 Tax Amount $6,194 Change Rate +0.004867% Assessed CR Tax Rate +0.015215%
Year 2023 Assessed Value $408,700 Land Value $60,700 Improvement Value $348,000 Tax Amount $6,164 Change Rate +0.190881% Assessed CR Tax Rate +0.015082%
Year 2022 Assessed Value $345,100 Land Value $60,700 Improvement Value $284,400 Tax Amount $5,176 Change Rate -0.012967% Assessed CR Tax Rate +0.014999%
Year 2021 Assessed Value $300,300 Land Value $60,700 Improvement Value $239,600 Tax Amount $5,244 Change Rate +0.058111% Assessed CR Tax Rate +0.017463%
Year 2020 Assessed Value $287,100 Land Value $60,700 Improvement Value $226,400 Tax Amount $4,956 Change Rate +0.007727% Assessed CR Tax Rate +0.017262%
Year 2019 Assessed Value $287,100 Land Value $60,700 Improvement Value $226,400 Tax Amount $4,918 Change Rate +0.094348% Assessed CR Tax Rate +0.01713%
Year 2018 Assessed Value Land Value Improvement Value Tax Amount $4,494 Change Rate +0.093431% Assessed CR Tax Rate
Year 2016 Assessed Value Land Value Improvement Value Tax Amount $4,110 Change Rate +0.020864% Assessed CR Tax Rate
Year 2015 Assessed Value Land Value Improvement Value Tax Amount $4,026 Change Rate -0.095687% Assessed CR Tax Rate
Year 2013 Assessed Value Land Value Improvement Value Tax Amount $4,452 Change Rate -0.119462% Assessed CR Tax Rate
Year 2012 Assessed Value Land Value Improvement Value Tax Amount $5,056 Change Rate Assessed CR Tax Rate