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405 W Main St; Albert Lea, MN Property Details

405 W Main St, Albert Lea, MN is a Duplex 2 Units that was built in 1904. This property is currently a cash purchase and is not for sale. Our records show that 405 W Main St has 4 bedrooms, and 1 bathroom, and a total of 1,798 square feet. The lot size of 405 W Main St is 5,040 square feet.

Off market
405 W Main St Albert Lea, MN 56007
$49,900 Listing Price
4 Beds
1 Baths
1,798 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1904
  • Purchase Price: $45,000
  • Est. Equity / %: $193,000 / 100%
  • APN: 34.007.1380
  • Situs County: Freeborn
  • Length Of Ownership: 9 years, 1 months

Rooms

  • Bedrooms: 4
  • Bathrooms: 1
  • Full Bathrooms: 1
  • Total Rooms: 8

Structure

  • Building Style: Frame
  • Floor Cover Type: Carpet
  • Stories: 2
  • Exterior Wall Type: Asbestos shingle
  • Interior Wall Type: Plaster
  • Building Condition: Average
  • Roof Type: Gable
  • Roof Cover Type: Asphalt

Measurements

  • Total: 1,798/SqFt
  • Lot: 5,040/SqFt
  • Gross: 1,798/SqFt
  • Garage: 576/SqFt
  • Living: 1,798/SqFt
  • Basement: 899/SqFt
  • Building: 1,798/SqFt
  • Ground: 899/SqFt
  • Garage Unfinished: 576/SqFt
  • Basement Unfinished: 899/SqFt
  • Price Per Square Foot: $25.03

Legal Description

  • Description: MORIN'S ADDITION LOT-028 BLOCK-004 COM 40 FT E OF NE COR LOT 28 BLK 4 TH E ALG MAIN ST 42 FT TH S TO ALLEY 120 FT TH W 42 FT
Building Insights

Land Information

  • Property Type: Duplex 2 Units
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Albert Lea Public School District
  • Lat / Lon: 43.647537 / -93.37261
  • Subdivision: Morin'S Addition
  • Property Class: Residential
  • Zoning: RP
  • County Use Code: 203

Amenities

  • Plus Four: 2666
  • Bathroom Fixtures: 1
  • Garage: Attached Garage
  • Heating: Baseboard

Ownership Info

405 W Main St has no associated ownership info
405 W Main St has no associated ownership info.

Taxes

405 W Main St has 10 associated Taxes items

405 W Main 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 $157,100. The APN we've located for 405 W Main St is 34.007.1380.

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Taxes
  • Assessed Value:  $157,100
  • Assessed Year:  2026
  • Assessed County:  Freeborn
  • APN:  34.007.1380
  • Assessed Land Value:  11400
  • Market Land Value:  11400
  • Tax Amount:  2090
  • Tax Year:  2025
  • Market Value:  157100
  • Market Year:  2026

Tax History

405 W Main St has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2026 Assessed Value $157,100 Land Value $11,400 Improvement Value $145,700 Tax Amount Change Rate Assessed CR Tax Rate
Year 2025 Assessed Value Land Value Improvement Value Tax Amount $2,090 Change Rate +0.414073% Assessed CR Tax Rate
Year 2024 Assessed Value $118,300 Land Value $4,900 Improvement Value $113,400 Tax Amount $1,478 Change Rate +0.042313% Assessed CR Tax Rate +0.012494%
Year 2023 Assessed Value $109,200 Land Value $4,900 Improvement Value $104,300 Tax Amount $1,418 Change Rate +0.502119% Assessed CR Tax Rate +0.012985%
Year 2022 Assessed Value $104,500 Land Value $4,900 Improvement Value $99,600 Tax Amount $944 Change Rate +0.082569% Assessed CR Tax Rate +0.009033%
Year 2021 Assessed Value $72,900 Land Value $4,900 Improvement Value $68,000 Tax Amount $872 Change Rate Assessed CR Tax Rate +0.011962%
Year 2020 Assessed Value $66,400 Land Value $4,900 Improvement Value $61,500 Tax Amount $872 Change Rate +0.443709% Assessed CR Tax Rate +0.013133%
Year 2019 Assessed Value $45,900 Land Value $4,500 Improvement Value $41,400 Tax Amount $604 Change Rate -0.111765% Assessed CR Tax Rate +0.013159%
Year 2018 Assessed Value Land Value Improvement Value Tax Amount $680 Change Rate +0.111111% Assessed CR Tax Rate
Year 2016 Assessed Value Land Value Improvement Value Tax Amount $612 Change Rate +0.026846% Assessed CR Tax Rate
Year 2015 Assessed Value Land Value Improvement Value Tax Amount $596 Change Rate -0.009967% Assessed CR Tax Rate
Year 2013 Assessed Value Land Value Improvement Value Tax Amount $602 Change Rate -0.186486% Assessed CR Tax Rate
Year 2012 Assessed Value Land Value Improvement Value Tax Amount $740 Change Rate Assessed CR Tax Rate