Large Location Icon

406 W College St; Albert Lea, MN Property Details

406 W College St, Albert Lea, MN is a Duplex 2 Units that was built in 1880. This property is currently a cash purchase and is not for sale. Our records show that 406 W College St has 2 bedrooms, and 1 bathroom, and a total of 1,028 square feet. The lot size of 406 W College St is 6,750 square feet.

Off market
406 W College St Albert Lea, MN 56007
$34,000 Listing Price
2 Beds
1 Baths
1,028 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Corporate
  • Owner Status: Corporate
  • Year Built: 1880
  • Purchase Price: $34,000
  • Open Loans / Balance: 1 / $49,715
  • Est. Equity / %: $89,285 / 64.23%
  • APN: 34.007.1200
  • Situs County: Freeborn
  • Length Of Ownership: 1 year, 9 months

Rooms

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

Structure

  • Building Style: Frame
  • Floor Cover Type: Hardwood
  • Stories: 1.5
  • Exterior Wall Type: Other
  • Interior Wall Type: Plaster
  • Building Condition: Average
  • Roof Type: Gable
  • Roof Cover Type: Asphalt

Measurements

  • Total: 1,028/SqFt
  • Lot: 6,750/SqFt
  • Gross: 1,028/SqFt
  • Garage: 432/SqFt
  • Living: 1,028/SqFt
  • Basement: 664/SqFt
  • Building: 1,028/SqFt
  • Ground: 664/SqFt
  • Garage Unfinished: 432/SqFt
  • Basement Unfinished: 664/SqFt
  • Price Per Square Foot: $33.07

Legal Description

  • Description: MORIN'S ADDITION LOT 5 BLK 4 MORINS ADDITION
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: 43.647133 / -93.37264
  • Subdivision: Morin'S Addition
  • Property Class: Residential
  • Zoning: RP
  • County Use Code: 203

Amenities

  • Heating Fuel Type: Gas
  • Plus Four: 2618
  • Bathroom Fixtures: 1
  • Garage: Detached Garage
  • Heating: Forced air unit

Ownership Info

406 W College St has no associated ownership info
406 W College St has no associated ownership info.

Taxes

406 W College St has 10 associated Taxes items

406 W College 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 $109,600. The APN we've located for 406 W College St is 34.007.1200.

Unlock the full report
Taxes
  • Assessed Value:  $109,600
  • Assessed Year:  2026
  • Assessed County:  Freeborn
  • APN:  34.007.1200
  • Assessed Land Value:  14100
  • Market Land Value:  14100
  • Tax Amount:  1318
  • Tax Year:  2026
  • Market Value:  109600
  • Market Year:  2026

Tax History

406 W College St has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2026 Assessed Value $109,600 Land Value $14,100 Improvement Value $95,500 Tax Amount $1,318 Change Rate Assessed CR Tax Rate +0.012026%
Year 2025 Assessed Value Land Value Improvement Value Tax Amount $1,318 Change Rate +0.252852% Assessed CR Tax Rate
Year 2024 Assessed Value $91,000 Land Value $6,100 Improvement Value $84,900 Tax Amount $1,052 Change Rate +0.035433% Assessed CR Tax Rate +0.01156%
Year 2023 Assessed Value $84,200 Land Value $6,100 Improvement Value $78,100 Tax Amount $1,016 Change Rate +0.329843% Assessed CR Tax Rate +0.012067%
Year 2022 Assessed Value $84,100 Land Value $6,100 Improvement Value $78,000 Tax Amount $764 Change Rate +0.076056% Assessed CR Tax Rate +0.009084%
Year 2021 Assessed Value $57,100 Land Value $6,100 Improvement Value $51,000 Tax Amount $710 Change Rate Assessed CR Tax Rate +0.012434%
Year 2020 Assessed Value $52,300 Land Value $6,100 Improvement Value $46,200 Tax Amount $710 Change Rate +0.354962% Assessed CR Tax Rate +0.013576%
Year 2019 Assessed Value $38,900 Land Value $5,600 Improvement Value $33,300 Tax Amount $524 Change Rate +0.10084% Assessed CR Tax Rate +0.01347%
Year 2018 Assessed Value Land Value Improvement Value Tax Amount $476 Change Rate -0.088123% Assessed CR Tax Rate
Year 2016 Assessed Value Land Value Improvement Value Tax Amount $522 Change Rate +0.231132% Assessed CR Tax Rate
Year 2015 Assessed Value Land Value Improvement Value Tax Amount $424 Change Rate -0.013953% Assessed CR Tax Rate
Year 2013 Assessed Value Land Value Improvement Value Tax Amount $430 Change Rate -0.176245% Assessed CR Tax Rate
Year 2012 Assessed Value Land Value Improvement Value Tax Amount $522 Change Rate Assessed CR Tax Rate