Large Location Icon

1506 Elm St; Albert Lea, MN Property Details

1506 Elm St, 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 1506 Elm St has 5 bedrooms, and 1.5 bathrooms, and a total of 1,400 square feet. The lot size of 1506 Elm St is 14,810 square feet.

On Market for 12 days
1506 Elm St Albert Lea, MN 56007
$285,000 Listing Price
5 Beds
1.5 Baths
1,400 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1964
  • Purchase Price: $245,000
  • Open Loans / Balance: 1 / $225,665
  • Est. Equity / %: $32,335 / 12.53%
  • APN: 34.460.0130
  • Situs County: Freeborn
  • Length Of Ownership: 4 years, 2 months

Rooms

  • Bedrooms: 5
  • Bathrooms: 1.5
  • Full Bathrooms: 1
  • Total Rooms: 10
  • Partial Bathrooms: 1

Structure

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

Measurements

  • Total: 1,400/SqFt
  • Lot: 14,810/SqFt
  • Garage: 520/SqFt
  • Living: 1,400/SqFt
  • Basement: 1,184/SqFt
  • Building: 1,400/SqFt
  • Ground: 1,352/SqFt
  • Basement Finished: 1,184/SqFt
  • Garage Unfinished: 520/SqFt
  • Basement Unfinished: 1,352/SqFt
  • Price Per Square Foot: $175.00

Legal Description

  • Description: SECT-31 TWP-103 RANGE-021 ELMWOOD TERRACE SUBDIVISION LOT 14 BLK 1 ELMWOOD TERRACE SUBD 31-103-21 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: 43.678684 / -93.38949
  • Subdivision: Elmwood Terrace Subdivision
  • Property Class: Residential
  • County Use Code: 201

Amenities

  • Heating Fuel Type: Gas
  • Plus Four: 4102
  • Bathroom Fixtures: 4
  • Cooling: Yes
  • Fireplaces: 1
  • Garage: Attached Garage
  • Heating: Forced air unit

Ownership Info

1506 Elm St has no associated ownership info
1506 Elm St has no associated ownership info.

Taxes

1506 Elm St has 10 associated Taxes items

1506 Elm St, 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 $241,700. The APN we've located for 1506 Elm St is 34.460.0130.

Unlock the full report
Taxes
  • Assessed Value:  $241,700
  • Assessed Year:  2026
  • Assessed County:  Freeborn
  • APN:  34.460.0130
  • Assessed Land Value:  18600
  • Market Land Value:  18600
  • Tax Amount:  3396
  • Tax Year:  2025
  • Market Value:  241700
  • Market Year:  2026

Tax History

1506 Elm St has 8 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2026 Assessed Value $241,700 Land Value $18,600 Improvement Value $223,100 Tax Amount Change Rate Assessed CR Tax Rate
Year 2025 Assessed Value Land Value Improvement Value Tax Amount $3,396 Change Rate +0.070618% Assessed CR Tax Rate
Year 2024 Assessed Value $224,600 Land Value $18,600 Improvement Value $206,000 Tax Amount $3,172 Change Rate +0.084074% Assessed CR Tax Rate +0.014123%
Year 2023 Assessed Value $207,300 Land Value $18,600 Improvement Value $188,700 Tax Amount $2,926 Change Rate -0.219733% Assessed CR Tax Rate +0.014115%
Year 2022 Assessed Value $204,000 Land Value $11,100 Improvement Value $192,900 Tax Amount $3,750 Change Rate -0.012118% Assessed CR Tax Rate +0.018382%
Year 2021 Assessed Value $140,900 Land Value $11,100 Improvement Value $129,800 Tax Amount $3,796 Change Rate +0.120425% Assessed CR Tax Rate +0.026941%
Year 2020 Assessed Value $143,300 Land Value $11,100 Improvement Value $132,200 Tax Amount $3,388 Change Rate +0.323438% Assessed CR Tax Rate +0.023643%
Year 2019 Assessed Value $143,300 Land Value $11,100 Improvement Value $132,200 Tax Amount $2,560 Change Rate Assessed CR Tax Rate +0.017865%