Freeborn County property record for 405 Prospect Ave, Albert Lea, MN 56007 · Last verified July 2026
| Property Type | Commercial |
|---|---|
| Lot Size | 0.24 acres (10,500 sqft) |
| Owner | Individual Name on File |
| Tax Bill | $814 (2025) |
| Flood Zone | Zone X (minimal risk) |
| APN | 34.247.0511 |
| Primary APN | 34.247.0511 |
|---|
| Lot Area | 10,500 sqft (0.24 acres) |
|---|---|
| Lot Dimensions | 140 ft deep x 75 ft wide |
| Street Address | 405 PROSPECT AVE |
|---|---|
| City | ALBERT LEA |
| State | MN |
| Zip | 56007 |
| Property Category | Commercial |
| Property Type | Commercial > Retail |
| Legal Description | BUSCHBOM THIRD ADDITION LOT-010 BLOCK-005 NLY 75 FT OF ELY 140 FT LOT 10, BLK 5 (TRACT 1) BUSCHBOM THIRD ADDN |
| Legal Subdivision | BUSCHBOM THIRD ADDITION |
| Legal Tract | 1 |
| Legal Block | 5 |
| Legal Lot Number | 10 |
| Jurisdiction | FREEBORN MN |
| Township / Civil Division | ALBERT LEA |
| Census Block Group | 1 |
| Census Block | 1055 |
| Census Tract | 180600 |
Source: Freeborn County records · APN 34.247.0511
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 | Individual Name on File |
|---|---|
| Mailing Address | 63 SCHOOL ST, ALDEN, MN 56009-4400 |
| Owner Type | Individual |
| Deed Names | Verified Name on Deed |
|---|---|
| Record Updated | Sep 20, 2026 |
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 and assessed market value are set for property tax purposes and are not market price estimates.
| Year | Tax Bill | Assessed Value | Assessed Market Value |
|---|---|---|---|
| 2026 | $37,700 (+12.87%) Land $12,000 Building $25,700 | $37,700 (+12.87%) Land $12,000 Building $25,700 | |
| 2025 | $814.00 (+10.6%) | ||
| 2023 | $736.00 (+4.55%) | $33,400 Land $12,000 Building $21,400 | $33,400 Land $12,000 Building $21,400 |
| 2020 | $704.00 |
Source: FEMA National Flood Hazard Layer, Freeborn County (27047C), updated January 26, 2015 · USDA Forest Service Wildfire Risk to Communities, 2nd edition (2024), fuels as of 2020 · Last verified October 2026
| FEMA Flood Zone | Zone X |
|---|---|
| Flood Hazard | Minimal |
| 500-Year Floodplain | No |
| Special Flood Hazard Area | No |
| Wildfire Risk | Low above 3% of the US · above 11% of Minnesota |
|---|---|
| Wildfire Likelihood | Less than 1 in 10,000 per year |
| Exposure | Direct burnable vegetation at the parcel |
Values are read at the parcel center point; lenders make the official flood determination.
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