1507 Academy Ave, Albert Lea, MN 56007 Property Records

Freeborn County property record for 1507 Academy Ave, Albert Lea, MN 56007

Property Summary

Property Type	Single Family Home
Details	3 bd · 2 ba · 1,193 sqft · built 1958
Lot Size	0.2 acres (8,580 sqft)
Owner	Individual Name on File
Last Sale	$99,900 (Jan 2020)
Tax Bill	$1,936 (2026)
Deeds & Mortgages	Jan 2020 Sale & Mortgage
Flood Zone	Zone X (minimal risk)
APN	`34.073.0040`

Property Details

APN / Parcel Number

Primary APN	`34.073.0040`

Interior

Bedrooms	3 Beds
Full Baths	2 Baths
Half Baths	1 Half Bath
Total Rooms	6 Rooms
Stories	1 Story
Building Area	1,193 sqft Living Area
1st Floor Area	1,100 sqft
Basement Area	442 sqft
Finished Basement	442 sqft
Unfinished Basement	884 sqft
Flooring	Hardwood
Interior Walls	Wallboard/Drywall

Exterior

Year Built	Built 1958
Effective Year Built	Effective 1958
Exterior Material	Wood Siding
Construction Type	Frame
Foundation Type	Block
Roof Type	Gable
Roof Material	Asphalt
Lot Area	8,580 sqft (0.2 acres)
Lot Dimensions	130 ft deep x 66 ft wide
Garage Type	Detached
Garage Area	576 sqft
Porch	Slab
Porch Area	216 sqft
Deck Area	216 sqft

Utilities, Heating & Cooling

Cooling System	HVAC
Heating System	Forced Air with A/C
Heating Fuel	Gas

Location & Zoning

Street Address	1507 ACADEMY AVE
City	ALBERT LEA
State	MN
Zip	56007-3205
Property Category	Residential
Property Type	Residential > Single Family > Home
Legal Description	TOLZMAN SUBDIVISION LOT 4 TOLZMAN SUBD
Legal Subdivision	TOLZMAN SUBDIVISION
Legal Lot Number	4
Jurisdiction	FREEBORN MN
Township / Civil Division	ALBERT LEA
Census Block Group	4
Census Block	4004
Census Tract	180600

Owner

1507 Academy Ave is owned and occupied by an individual who bought it in January 2020.

Source: Freeborn County records, as of September 23, 2026

Owner of Record	Individual Name on File
Mailing Address	1507 ACADEMY AVE, ALBERT LEA, MN 56007-3205
Occupancy	Owner Occupied
Owner Type	Individual

Owner names and exact recorded amounts are on file and can be viewed instantly on this page with a free 10-day trial.

Deeds, Mortgages & Sale History

Assessor's Deed Record

Deed Names	Name on Deed
Last Sale	Jan 9, 2020 · Amount on File
Deed Sale	Jan 9, 2020 · Amount on File
Deed Document Number	2020V1055747
Record Updated	Oct 29, 2026

January 2020: Warranty Deed, Transfer

Document Type	Warranty Deed
Jurisdiction	FREEBORN MN
Recording Date	Jan 9, 2020
Property Address	1507 ACADEMY AVE, ALBERT LEA, MN 56007-3205
Document Number	CRV1055747
Instrument Date	Jan 9, 2020
Instrument	CRV1055747
Transaction Type	Transfer
Record Updated	Aug 15, 2022

Transaction

Amount	Amount on Record
Loan-to-Value (LTV)	LTV on Record
Tax	$0.00
Amount Accuracy	Calculated from Transfer Tax
Additional	Arm's Length

Transferred From (Grantor/Seller)

Name	Verified Name
Address	69831 190TH ST, 69831, ALBERT LEA, MN 56007-5487

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	1507 ACADEMY AVE, ALBERT LEA, MN 56007-3205

Mortgage

Document Number	000A541166
Date	Jan 21, 2020
Instrument	A541166

Lender

Name	TOWNE MORTGAGE CO
Type	Mortgage Company

Agreement

Type	Conventional Mortgage
Amount	Amount on Record
Term	360 Months
Due	Feb 1, 2050

Interest

Rate Type	Fixed Rate

Tax Assessment & Valuation

The 2026 property tax bill for 1507 Academy Ave was $1,936 with a homeowner's exemption.

Source: Freeborn County assessment roll, as of June 29, 2026

Property Jurisdictions

Type	Name
State	Minnesota
Municipality	Albert Lea City
County	Freeborn County
Unified School District	Albert Lea Public School District (PK - 12)

Tax Bill & Assessment History

Year	Tax Bill	Assessed Value	Assessed Market Value
2026	$1,936.00 Homeowner's exemption	$151,900 Land $25,100 Building $126,800	$151,900 Land $25,100 Building $126,800
2025	$1,936.00
2023	$1,438.00 Homeowner's exemption	$123,800 Land $10,600 Building $113,200	$123,800 Land $10,600 Building $113,200
2020	$1,504.00

Assessed value and assessed market value are set for property tax purposes and are not market price estimates.

Flood

FEMA maps place 1507 Academy Ave in Zone X, an area of minimal flood risk.

Source: FEMA National Flood Hazard Layer, effective January 26, 2015

FEMA Flood Zone	Zone X minimal risk
Flood Insurance Requirement	Not required lenders may require it

Values are read at the parcel center point; lenders make the official flood determination.

Wildfire

Wildfire risk around 1507 Academy Ave is low, with less than a 0.01% annual chance of wildfire.

Source: USDA Forest Service Wildfire Risk to Communities (2nd edition), as of 2024

Wildfire Risk	Low lower than 99.8% of the US · lower than 99.4% of Minnesota
Wildfire Likelihood	Under 0.01% annual chance
Exposure	None beyond ember reach

Values cover an area roughly 900 ft across, not the parcel itself; insurers use their own ratings.

Drinking Water

Source: EPA Safe Drinking Water Information System, as of September 2026

Water System	Albert Lea serves 18,492 people · EPA ID MN1240001
Water Source	Groundwater
Last State Inspection	Sep 2025
Lead	2 ppb (2025) action level 15 ppb
Copper	1.81 mg/L (2021) action level 1.3 mg/L

Violations Reported to EPA

Water Quality	None last 10 years
Treatment and Procedure	None last 10 years
Monitoring and Reporting	None last 3 years

Results are for the whole water system, not water tested at this address; lead at the tap also depends on the building's own pipes. This system sells water to local utilities; the supplier billing this address may be one of them.

Internet Providers

Source: FCC Broadband Data Collection, based on 231 locations within half a mile, as of December 31, 2025

Provider	Max Down / Up (Mbps)
Metronet Fiber	5,120 / 5,120
GigFire Fiber · Fixed Wireless	1,000 / 1,000
Spectrum Cable	1,000 / 1,000
Midco Fixed Wireless	100 / 20
AT&T Fixed Wireless	100 / 20
T-Mobile Fixed Wireless	100 / 20

May also be available: Verizon, Winnebago Cooperative Telecom Association.

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