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116 N 2nd Ave; Albert Lea, MN Property Details

116 N 2nd Ave, Albert Lea, MN is a Single Family that was built in 1893. This property is currently Financed and is not for sale. Our records show that 116 N 2nd Ave has 2 bedrooms, and 1 bathroom, and a total of 832 square feet. The lot size of 116 N 2nd Ave is 8,712 square feet.

Off market
116 N 2nd Ave Albert Lea, MN 56007
$23,000 Listing Price
2 Beds
1 Baths
832 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1893
  • Purchase Price: $24,000
  • Open Loans / Balance: 1 / $18,528
  • Est. Equity / %: $61,472 / 76.84%
  • APN: 34.007.4820
  • Situs County: Freeborn
  • Length Of Ownership: 10 years, 8 months

Rooms

  • Bedrooms: 2
  • Bathrooms: 1
  • Full Bathrooms: 1
  • Total Rooms: 6

Structure

  • Building Style: Frame
  • Floor Cover Type: Carpet
  • Stories: 1
  • Exterior Wall Type: Rock, Stone
  • Interior Wall Type: Plaster
  • Building Condition: Poor
  • Roof Type: Gable
  • Porch Type: Open
  • Roof Cover Type: Asphalt
  • Deck: true

Measurements

  • Total: 832/SqFt
  • Lot: 8,712/SqFt
  • Garage: 320/SqFt
  • Living: 832/SqFt
  • Basement: 574/SqFt
  • Building: 832/SqFt
  • Ground: 574/SqFt
  • Garage Unfinished: 320/SqFt
  • Basement Unfinished: 574/SqFt
  • Price Per Square Foot: $28.85

Legal Description

  • Description: MORIN'S ADDITION LOT 13 BLK 19 MORINS ADDITION
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: 43.65043 / -93.38084
  • Subdivision: Morin'S Addition
  • Property Class: Residential
  • County Use Code: 201

Amenities

  • Heating Fuel Type: Gas
  • Plus Four: 1722
  • Bathroom Fixtures: 1
  • Garage: Detached Garage
  • Heating: Forced air unit

Ownership Info

116 N 2nd Ave has no associated ownership info
116 N 2nd Ave has no associated ownership info.

Taxes

116 N 2nd Ave has 10 associated Taxes items

116 N 2nd Ave, 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 $46,500. The APN we've located for 116 N 2nd Ave is 34.007.4820.

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Taxes
  • Assessed Value:  $46,500
  • Assessed Year:  2026
  • Assessed County:  Freeborn
  • APN:  34.007.4820
  • Assessed Land Value:  28100
  • Market Land Value:  28100
  • Tax Amount:  772
  • Tax Year:  2025
  • Market Value:  46500
  • Market Year:  2026

Tax History

116 N 2nd Ave has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2026 Assessed Value $46,500 Land Value $28,100 Improvement Value $18,400 Tax Amount Change Rate Assessed CR Tax Rate
Year 2025 Assessed Value Land Value Improvement Value Tax Amount $772 Change Rate +0.344948% Assessed CR Tax Rate
Year 2024 Assessed Value $32,900 Land Value $13,900 Improvement Value $19,000 Tax Amount $574 Change Rate +0.059041% Assessed CR Tax Rate +0.017447%
Year 2023 Assessed Value $31,900 Land Value $13,900 Improvement Value $18,000 Tax Amount $542 Change Rate +0.003704% Assessed CR Tax Rate +0.016991%
Year 2022 Assessed Value $33,000 Land Value $13,900 Improvement Value $19,100 Tax Amount $540 Change Rate +0.011236% Assessed CR Tax Rate +0.016364%
Year 2021 Assessed Value $27,700 Land Value $13,900 Improvement Value $13,800 Tax Amount $534 Change Rate +0.047059% Assessed CR Tax Rate +0.019278%
Year 2020 Assessed Value $25,800 Land Value $11,900 Improvement Value $13,900 Tax Amount $510 Change Rate +0.795775% Assessed CR Tax Rate +0.019767%
Year 2019 Assessed Value $21,400 Land Value $9,900 Improvement Value $11,500 Tax Amount $284 Change Rate +0.007092% Assessed CR Tax Rate +0.013271%
Year 2018 Assessed Value Land Value Improvement Value Tax Amount $282 Change Rate -0.053691% Assessed CR Tax Rate
Year 2016 Assessed Value Land Value Improvement Value Tax Amount $298 Change Rate Assessed CR Tax Rate
Year 2015 Assessed Value Land Value Improvement Value Tax Amount $298 Change Rate -0.03871% Assessed CR Tax Rate
Year 2013 Assessed Value Land Value Improvement Value Tax Amount $310 Change Rate -0.38% Assessed CR Tax Rate
Year 2012 Assessed Value Land Value Improvement Value Tax Amount $500 Change Rate Assessed CR Tax Rate