Freeborn County property record for 318 E 5th St, Albert Lea, MN 56007 · Last verified July 2026
| Property Type | Residential > Single Family > Home |
|---|---|
| Bedrooms | 2 Beds |
| Bathrooms | 1 Baths |
| Year Built | Built 1928 |
| Square Footage | 1,086 sqft Living Area |
| Lot Size | 8,712 sqft (0.2 acres) |
| Garage | Detached, 264 sqft |
| Last Sale | $135,000 (2025) |
| Tax Bill | $974.00 (2025) |
| Primary APN | 34.036.2090 |
|---|
| Bedrooms | 2 Beds |
|---|---|
| Full Baths | 1 Baths |
| Total Rooms | 5 Rooms |
| Building Area | 1,086 sqft Living Area |
| 1st Floor | 686 sqft 1st Floor |
| Basement Area | 656 sqft Basement |
| Unfinished Basement | 656 sqft Unfinished |
| Stories | 1 Stories |
| Primary Flooring | Hardwood Flooring |
| Interior Structure | Plaster Interior Structure |
| Year Built | Built 1928 |
|---|---|
| Effective Year Built | Effective 1928 |
| Exterior Material | Wood Exterior |
| Construction Type | Frame Construction |
| Roof Construction | Gable Roof Construction |
| Roof Material | Asphalt Roof |
| Lot Area | 8,712 sqft (0.2 acres) |
| Depth X Width | 132 ft x 66 ft Depth x Width |
| Garage Type | Detached Garage |
| Garage Area | 264 sqft Garage |
| Deck Area | 135 sqft Deck |
| Cooling System | HVAC Cooling |
|---|---|
| Heating System | Forced Air with Air Conditioning Heating |
| Heating Fuel | Gas Heating Fuel |
| Street Address | 318 E 5TH ST |
|---|---|
| City | ALBERT LEA |
| State | MN |
| Zip | 56007-3029 |
| Property Usage | Residential Property Usage |
| Type | Residential > Single Family > Home |
| Legal Description | LAKE ADDITION LOT-001 BLOCK-009 LOT 1 BLK 9 LAKE ADDITION |
| Legal Subdivision | LAKE ADDITION |
| Legal Block | 9 |
| Legal Lot Number | 1 |
| Jurisdiction | FREEBORN MN |
| Minor Civil Division | ALBERT LEA |
| Census Blockgroup | 4 |
| Census Block | 4009 |
| Census Tract | 180900 |
Source: Freeborn County records · APN 34.036.2090
Assessment roll updated June 29, 2026 · Last verified July 2026
Owner names and exact recorded amounts shown locked on this page are available instantly with a free trial.
| Owner of Record | Company Name on File |
|---|---|
| Mailing Address | 318 E 5TH ST, ALBERT LEA, MN 56007-3029 |
| Owner Type | Owner is a Company |
| Date | Document |
|---|---|
| Dec 07, 2021 | Warranty Deed, Transfer · Conventional Mortgage ARCADIAN BANK |
| Mar 25, 2020 | Warranty Deed, Transfer |
| Mar 26, 2020 | Warranty Deed, Transfer |
| Deed Names | Verified Name on Deed |
|---|---|
| Last Sale | Sep 30, 2025 · Amount on Record |
| Deed Sale | Sep 30, 2025 · Amount on Record |
| Prior Sale | Dec 07, 2021 · Amount on Record |
| Deed Doc Number | 20251811109 |
| Prior Transfer Date | Dec 02, 2021 |
| Prior Transfer Doc | 000A552275 |
| Record Refreshed | Sep 20, 2026 |
| Document Type | Warranty Deed |
|---|---|
| Jurisdiction | FREEBORN MN |
| Recording Date | Dec 07, 2021 |
| Property Address | 318 E 5TH ST, ALBERT LEA, MN 56007-3029 |
| Document Number | 000A552275 |
| Instrument Date | Dec 02, 2021 |
| Instrument | A552275 |
| Transaction Type | Transfer |
| Record Updated | Feb 09, 2022 |
| Title Company | NORTH AMERICAN TITLE CO |
| Amount | Amount Recorded |
|---|---|
| Downpayment | Downpayment on File |
| Loan-to-Value (LTV) | LTV on Record |
| Tax | $181.50 |
| Amount Accuracy | Rounded Values by County |
| Additional |
|
| Name | Verified Name |
|---|
| Name | Verified Name |
|---|---|
| Relationship | Tenants In Common |
| Address | 2210 JENE AVENUE, ALBERT LEA, MN 56007 |
| Document Number | 000A552276 |
|---|---|
| Date | Dec 07, 2021 |
| Instrument | A552276 |
| Name | ARCADIAN BANK |
|---|---|
| Type | Bank |
| Type | Conventional Mortgage |
|---|---|
| Amount | Amount Recorded |
| Rate Type | Fixed Rate |
|---|
| Document Type | Warranty Deed |
|---|---|
| Jurisdiction | FREEBORN MN |
| Recording Date | Mar 25, 2020 |
| Property Address | 318 E 5TH ST, ALBERT LEA, MN 56007-3029 |
| Document Number | CRV1075525 |
| Instrument Date | Mar 25, 2020 |
| Instrument | CRV1075525 |
| Transaction Type | Transfer |
| Record Updated | Jul 06, 2021 |
| Amount | Amount Recorded |
|---|---|
| Tax | $0.00 |
| Amount Accuracy | Calculated from Tax |
| Additional |
|
| Name | Verified Name |
|---|---|
| Address | 201 HOLMES ST E # E306, 201, DETROIT LAKES, MN 56501-3110 |
| Name | Verified Name |
|---|
| Document Type | Warranty Deed |
|---|---|
| Jurisdiction | FREEBORN MN |
| Recording Date | Mar 26, 2020 |
| Property Address | 318 E 5TH ST, ALBERT LEA, MN 56007-3029 |
| Document Number | CRV1075525 |
| Instrument Date | Mar 25, 2020 |
| Instrument | CRV1075525 |
| Transaction Type | Transfer |
| Record Updated | Jul 06, 2021 |
| Amount | Amount Recorded |
|---|---|
| Tax | $0.00 |
| Amount Accuracy | Calculated from Tax |
| Additional |
|
| Name | Verified Name |
|---|---|
| Address | 201 HOLMES ST E # E306, 201, DETROIT LAKES, MN 56501-3110 |
| Name | Verified Name |
|---|---|
| Address | 318 E 5TH ST, ALBERT LEA, MN 56007-3029 |
Source: Freeborn County records · Assessment roll updated June 29, 2026 · Last verified July 2026
| Type | Name |
|---|---|
| State | Minnesota |
| Municipality | Albert Lea City |
| County | Freeborn County |
| Unified School District | Albert Lea Public School District (PK - 12) |
Assessed value is set for property tax purposes, not a market price estimate; it is a fraction of this property's market value.
| Year | Tax Bill | Assessed Value | Assessed Market Value |
|---|---|---|---|
| 2026 | $59,900 (-) Land $23,100 Building $36,800 | $59,900 (-) Land $23,100 Building $36,800 | |
| 2025 | $974.00 (-44.53%) | $59,900 (+43.65%) Land $23,100 Building $36,800 | $59,900 (+43.65%) Land $23,100 Building $36,800 |
| 2023 | $1,756.00 (-45.4%) | $41,700 Land $16,500 Building $25,200 | $41,700 Land $16,500 Building $25,200 |
| 2020 | $3,216.00 |
318 E 5th St is in FEMA Zone X, outside the Special Flood Hazard Area, with no wildfire exposure.
Source: FEMA National Flood Hazard Layer · Freeborn County (27047C), updated January 26, 2015
| FEMA Flood Zone | Zone X minimal flood hazard · outside the 0.2% annual chance floodplain |
|---|---|
| Special Flood Hazard Area | No |
Source: USDA Forest Service Wildfire Risk to Communities · 2nd edition (2024), fuels as of 2020
| Wildfire Risk to Homes | Not rated no burnable land in reach |
|---|---|
| Wildfire Likelihood | Negligible |
| Exposure | None beyond ember reach of burnable land |
Values are read at the parcel center point; lenders make the official flood determination.
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