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1231 Madison Ave; Albert Lea, MN Property Details

1231 Madison Ave, Albert Lea, MN is a Single Family that was built in 1882. This property is currently a cash purchase and is not for sale. Our records show that 1231 Madison Ave has 3 bedrooms, and 1 bathroom, and a total of 1,131 square feet. The lot size of 1231 Madison Ave is 10,150 square feet.

Off market
1231 Madison Ave Albert Lea, MN 56007
$17,500 Listing Price
3 Beds
1 Baths
1,131 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1882
  • Purchase Price: $60,000
  • Est. Equity / %: $110,000 / 100%
  • APN: 34.055.0120
  • Situs County: Freeborn
  • Length Of Ownership: 7 years, 7 months

Rooms

  • Bedrooms: 3
  • Bathrooms: 1
  • Full Bathrooms: 1
  • Total Rooms: 6

Structure

  • Building Style: Frame
  • Floor Cover Type: Carpet
  • Stories: 1.5
  • Exterior Wall Type: Wood Shingle
  • Interior Wall Type: Plaster
  • Building Condition: Poor
  • Roof Type: Gable
  • Roof Cover Type: Asphalt
  • Deck: true

Measurements

  • Total: 1,131/SqFt
  • Lot: 10,150/SqFt
  • Living: 1,131/SqFt
  • Basement: 792/SqFt
  • Building: 1,131/SqFt
  • Ground: 792/SqFt
  • Basement Unfinished: 792/SqFt
  • Price Per Square Foot: $53.05

Legal Description

  • Description: RINGHAM'S SUBDIVISION LOT-014 S 20 FT LOT 13 & ALL OF LOT 14 RINGHAMS SUB SECTION 17
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: 43.63707 / -93.372055
  • Subdivision: Ringham'S Subdivision
  • Property Class: Residential
  • County Use Code: 201

Amenities

  • Plus Four: 2732
  • Bathroom Fixtures: 1
  • Cooling: Yes
  • Heating: Yes

Ownership Info

1231 Madison Ave has no associated ownership info
1231 Madison Ave has no associated ownership info.

Taxes

1231 Madison Ave has 10 associated Taxes items

1231 Madison 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 $39,500. The APN we've located for 1231 Madison Ave is 34.055.0120.

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Taxes
  • Assessed Value:  $39,500
  • Assessed Year:  2026
  • Assessed County:  Freeborn
  • APN:  34.055.0120
  • Assessed Land Value:  17200
  • Market Land Value:  17200
  • Tax Amount:  462
  • Tax Year:  2025
  • Market Value:  39500
  • Market Year:  2026

Tax History

1231 Madison Ave has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2026 Assessed Value $39,500 Land Value $17,200 Improvement Value $22,300 Tax Amount Change Rate Assessed CR Tax Rate
Year 2025 Assessed Value Land Value Improvement Value Tax Amount $462 Change Rate +0.327586% Assessed CR Tax Rate
Year 2024 Assessed Value $27,800 Land Value $7,400 Improvement Value $20,400 Tax Amount $348 Change Rate -0.25% Assessed CR Tax Rate +0.012518%
Year 2023 Assessed Value $40,100 Land Value $8,700 Improvement Value $31,400 Tax Amount $464 Change Rate +0.008696% Assessed CR Tax Rate +0.011571%
Year 2022 Assessed Value $33,100 Land Value $8,700 Improvement Value $24,400 Tax Amount $460 Change Rate +0.064815% Assessed CR Tax Rate +0.013897%
Year 2021 Assessed Value $35,300 Land Value $8,700 Improvement Value $26,600 Tax Amount $432 Change Rate Assessed CR Tax Rate +0.012238%
Year 2020 Assessed Value $32,800 Land Value $8,700 Improvement Value $24,100 Tax Amount $432 Change Rate -0.252595% Assessed CR Tax Rate +0.013171%
Year 2019 Assessed Value $30,700 Land Value $7,900 Improvement Value $22,800 Tax Amount $578 Change Rate -0.321596% Assessed CR Tax Rate +0.018827%
Year 2018 Assessed Value Land Value Improvement Value Tax Amount $852 Change Rate +0.369775% Assessed CR Tax Rate
Year 2016 Assessed Value Land Value Improvement Value Tax Amount $622 Change Rate -0.447602% Assessed CR Tax Rate
Year 2015 Assessed Value Land Value Improvement Value Tax Amount $1,126 Change Rate -0.024263% Assessed CR Tax Rate
Year 2013 Assessed Value Land Value Improvement Value Tax Amount $1,154 Change Rate -0.036728% Assessed CR Tax Rate
Year 2012 Assessed Value Land Value Improvement Value Tax Amount $1,198 Change Rate Assessed CR Tax Rate