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509 W Main St; Albert Lea, MN Property Details

509 W Main St, Albert Lea, MN is a Duplex 2 Units that was built in 1885. This property is currently a cash purchase and is not for sale. Our records show that 509 W Main St has 3 bedrooms, and 1 bathroom, and a total of 1,628 square feet. The lot size of 509 W Main St is 7,000 square feet.

Off market
509 W Main St Albert Lea, MN 56007
$30,000 Listing Price
3 Beds
1 Baths
1,628 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Corporate
  • Owner Status: Corporate
  • Year Built: 1885
  • Purchase Price: $30,000
  • Est. Equity / %: $141,000 / 100%
  • APN: 34.007.2100
  • Situs County: Freeborn
  • Length Of Ownership: 3 years, 9 months

Rooms

  • Bedrooms: 3
  • Bathrooms: 1
  • Full Bathrooms: 1
  • Total Rooms: 7

Structure

  • Building Style: Frame
  • Floor Cover Type: Carpet
  • Stories: 2
  • Exterior Wall Type: Wood Shingle
  • Interior Wall Type: Plaster
  • Building Condition: Average
  • Roof Type: Hip
  • Roof Cover Type: Asphalt

Measurements

  • Total: 1,628/SqFt
  • Lot: 7,000/SqFt
  • Gross: 1,628/SqFt
  • Garage: 360/SqFt
  • Living: 1,628/SqFt
  • Basement: 894/SqFt
  • Building: 1,628/SqFt
  • Ground: 1,034/SqFt
  • Garage Unfinished: 360/SqFt
  • Basement Unfinished: 894/SqFt
  • Price Per Square Foot: $18.43

Legal Description

  • Description: MORIN'S ADDITION LOT 9 BLK 6 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: 43.647507 / -93.37423
  • Subdivision: Morin'S Addition
  • Property Class: Residential
  • Zoning: RP
  • County Use Code: 206

Amenities

  • Heating Fuel Type: Gas
  • Plus Four: 2638
  • Bathroom Fixtures: 1
  • Garage: Detached Garage
  • Heating: Forced air unit

Ownership Info

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

Taxes

509 W Main St has 10 associated Taxes items

509 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 $112,400. The APN we've located for 509 W Main St is 34.007.2100.

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Taxes
  • Assessed Value:  $112,400
  • Assessed Year:  2026
  • Assessed County:  Freeborn
  • APN:  34.007.2100
  • Assessed Land Value:  15600
  • Market Land Value:  15600
  • Tax Amount:  2200
  • Tax Year:  2025
  • Market Value:  112400
  • Market Year:  2026

Tax History

509 W Main St has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2026 Assessed Value $112,400 Land Value $15,600 Improvement Value $96,800 Tax Amount $2,200 Change Rate Assessed CR Tax Rate +0.019573%
Year 2025 Assessed Value Land Value Improvement Value Tax Amount $2,200 Change Rate +0.144641% Assessed CR Tax Rate
Year 2024 Assessed Value $95,600 Land Value $6,700 Improvement Value $88,900 Tax Amount $1,922 Change Rate +0.110983% Assessed CR Tax Rate +0.020105%
Year 2023 Assessed Value $88,500 Land Value $6,700 Improvement Value $81,800 Tax Amount $1,730 Change Rate +0.581353% Assessed CR Tax Rate +0.019548%
Year 2022 Assessed Value $65,000 Land Value $6,700 Improvement Value $58,300 Tax Amount $1,094 Change Rate +0.072549% Assessed CR Tax Rate +0.016831%
Year 2021 Assessed Value $46,100 Land Value $6,700 Improvement Value $39,400 Tax Amount $1,020 Change Rate +0.003937% Assessed CR Tax Rate +0.022126%
Year 2020 Assessed Value $42,200 Land Value $6,700 Improvement Value $35,500 Tax Amount $1,016 Change Rate +0.782456% Assessed CR Tax Rate +0.024076%
Year 2019 Assessed Value $23,100 Land Value $6,100 Improvement Value $17,000 Tax Amount $570 Change Rate +0.091954% Assessed CR Tax Rate +0.024675%
Year 2018 Assessed Value Land Value Improvement Value Tax Amount $522 Change Rate -0.260623% Assessed CR Tax Rate
Year 2016 Assessed Value Land Value Improvement Value Tax Amount $706 Change Rate +0.035191% Assessed CR Tax Rate
Year 2015 Assessed Value Land Value Improvement Value Tax Amount $682 Change Rate Assessed CR Tax Rate
Year 2013 Assessed Value Land Value Improvement Value Tax Amount $682 Change Rate +0.096463% Assessed CR Tax Rate
Year 2012 Assessed Value Land Value Improvement Value Tax Amount $622 Change Rate Assessed CR Tax Rate