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509 E 4th St; Albert Lea, MN Property Details

509 E 4th St, Albert Lea, MN is a Duplex 2 Units that was built in 1888. This property is currently a cash purchase and is for sale. Our records show that 509 E 4th St has 5 bedrooms, and 2 bathrooms, and a total of 2,264 square feet. The lot size of 509 E 4th St is 9,005 square feet.

On Market for 225 days
509 E 4th St Albert Lea, MN 56007
$189,000 Listing Price
5 Beds
2 Baths
2,264 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1888
  • Purchase Price: $78,000
  • Open Loans / Balance: 1 / $55,222
  • Est. Equity / %: $134,778 / 70.94%
  • APN: 34.033.2840
  • Situs County: Freeborn
  • Length Of Ownership: 10 years, 5 months

Rooms

  • Bedrooms: 5
  • Bathrooms: 2
  • Full Bathrooms: 2
  • Total Rooms: 10

Structure

  • Building Style: Frame
  • Floor Cover Type: Carpet
  • Stories: 2
  • Interior Wall Type: Plaster
  • Building Condition: Fair
  • Roof Type: Gable
  • Roof Cover Type: Asphalt
  • Deck: true

Measurements

  • Total: 2,264/SqFt
  • Lot: 9,005/SqFt
  • Gross: 2,264/SqFt
  • Garage: 747/SqFt
  • Living: 2,264/SqFt
  • Basement: 1,080/SqFt
  • Building: 2,264/SqFt
  • Ground: 1,360/SqFt
  • Garage Unfinished: 747/SqFt
  • Basement Unfinished: 1,080/SqFt
  • Price Per Square Foot: $34.45

Legal Description

  • Description: HALL'S ADDITION LOT-008 BLOCK-010 W 55 1/2 FT LOT 8 EXC N 35 FT BLK 10 HALLS 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: 43.640785 / -93.361534
  • Subdivision: Hall'S Addition
  • Property Class: Residential
  • Zoning: R2
  • County Use Code: 206

Amenities

  • Plus Four: 3025
  • Bathroom Fixtures: 2
  • Garage: Detached Garage
  • Heating: Baseboard

Ownership Info

509 E 4th St has no associated ownership info
509 E 4th St has no associated ownership info.

Taxes

509 E 4th St has 10 associated Taxes items

509 E 4th 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 $112,700. The APN we've located for 509 E 4th St is 34.033.2840.

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Taxes
  • Assessed Value:  $112,700
  • Assessed Year:  2026
  • Assessed County:  Freeborn
  • APN:  34.033.2840
  • Assessed Land Value:  14700
  • Market Land Value:  14700
  • Tax Amount:  2506
  • Tax Year:  2025
  • Market Value:  112700
  • Market Year:  2026

Tax History

509 E 4th St has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2026 Assessed Value $112,700 Land Value $14,700 Improvement Value $98,000 Tax Amount Change Rate Assessed CR Tax Rate
Year 2025 Assessed Value Land Value Improvement Value Tax Amount $2,506 Change Rate -0.018025% Assessed CR Tax Rate
Year 2024 Assessed Value $112,700 Land Value $14,700 Improvement Value $98,000 Tax Amount $2,552 Change Rate +0.087809% Assessed CR Tax Rate +0.022644%
Year 2023 Assessed Value $104,900 Land Value $14,700 Improvement Value $90,200 Tax Amount $2,346 Change Rate +0.102444% Assessed CR Tax Rate +0.022364%
Year 2022 Assessed Value $100,600 Land Value $10,300 Improvement Value $90,300 Tax Amount $2,128 Change Rate +0.176991% Assessed CR Tax Rate +0.021153%
Year 2021 Assessed Value $70,600 Land Value $10,300 Improvement Value $60,300 Tax Amount $1,808 Change Rate -0.128255% Assessed CR Tax Rate +0.025609%
Year 2020 Assessed Value $74,800 Land Value $10,300 Improvement Value $64,500 Tax Amount $2,074 Change Rate +0.137061% Assessed CR Tax Rate +0.027727%
Year 2019 Assessed Value $64,400 Land Value $8,800 Improvement Value $55,600 Tax Amount $1,824 Change Rate +0.021277% Assessed CR Tax Rate +0.028323%
Year 2018 Assessed Value Land Value Improvement Value Tax Amount $1,786 Change Rate +0.11208% Assessed CR Tax Rate
Year 2016 Assessed Value Land Value Improvement Value Tax Amount $1,606 Change Rate +0.033462% Assessed CR Tax Rate
Year 2015 Assessed Value Land Value Improvement Value Tax Amount $1,554 Change Rate -0.005122% Assessed CR Tax Rate
Year 2013 Assessed Value Land Value Improvement Value Tax Amount $1,562 Change Rate -0.059036% Assessed CR Tax Rate
Year 2012 Assessed Value Land Value Improvement Value Tax Amount $1,660 Change Rate Assessed CR Tax Rate