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407 Park Ave, Albert Lea, MN 56007 Property Records

Freeborn County property record for 407 Park Ave, Albert Lea, MN 56007 · Last verified July 2026

Property Summary

Property TypeMulti-Family Dwellings
Details13,989 sqft · built 1927
Lot Size0.237 acres (10,339 sqft)
OwnerCompany Name on File
Last Sale$576,000 (Jun 2024)
Tax Bill$9,974 (2025)
Deeds & MortgagesDec 2017 Mortgage
Dec 2019 Sale & Mortgage
Flood ZoneZone X (minimal risk)
APN34.126.0110

Property Details

APN / Parcel Number

Primary APN34.126.0110

Interior

Units4 Units
Building Area13,989 sqft Building Perimeter

Exterior

Year BuiltBuilt 1927
Effective Year BuiltEffective 1927
Architectural StyleMulti-Family
Lot Area10,339 sqft (0.237 acres)
Lot Dimensions130 ft deep x 79 ft wide

Location & Zoning

Street Address407 PARK AVE
CityALBERT LEA
StateMN
Zip56007-4477
Property CategoryResidential
Property TypeResidential > Multi-Unit > Multi-Family Dwellings
Legal DescriptionRODLI & HISE'S SUBDIVISION LOT-010 LOT 10 LESS W 20 FT RODLI & HISE SUBD CITY OF ALBERT LEA
Legal SubdivisionRODLI & HISE'S SUBDIVISION
Legal Lot Number10
JurisdictionFREEBORN MN
Township / Civil DivisionALBERT LEA
Census Block Group1
Census Block1001
Census Tract180400

Owner

Source: Freeborn County records · APN 34.126.0110

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 RecordCompany Name on File
Mailing Address439 JEFFERSON AVE, NORTH MANKATO, MN 56003-2150
Owner TypeCompany
VestingCompany

Deeds, Mortgages & Sale History

DateDocument
Dec 20, 2017Deed of Trust, Mortgage · Conventional Mortgage
MANUFACTURERS BANK & TRUST CO
Dec 13, 2019Warranty Deed, Transfer · Conventional Mortgage
MANUFACTURERS BANK & TRUST CO

Assessor's Deed Record

Deed NamesVerified Name on Deed
Last SaleJun 20, 2024 · Amount on Record
Deed SaleJun 20, 2024 · Amount on Record
Prior SaleDec 13, 2019 · Amount on Record
Deed Document Number20241661595
Record UpdatedSep 20, 2026

December 2017: Deed of Trust, Mortgage

Document TypeDeed of Trust
JurisdictionFREEBORN MN
Property Address407 PARK AVE, ALBERT LEA, MN 56007-4477
Transaction TypeMortgage
Record UpdatedAug 15, 2022

Transferred To (Grantee/Buyer)

NameVerified Name

Mortgage

Document Number000A530495
DateDec 20, 2017
InstrumentA530495
Lender
NameMANUFACTURERS BANK & TRUST CO
TypeBank
Agreement
TypeConventional Mortgage
AmountAmount Recorded
Term240 Months
DueDec 07, 2037
Interest
Rate TypeAdjustable Rate

December 2019: Warranty Deed, Transfer

Document TypeWarranty Deed
JurisdictionFREEBORN MN
Recording DateDec 13, 2019
Property Address407 PARK AVE, ALBERT LEA, MN 56007-4477
Document NumberCRV1047578
Instrument DateDec 13, 2019
InstrumentCRV1047578
Transaction TypeTransfer
Record UpdatedAug 15, 2022

Transaction

AmountAmount Recorded
DownpaymentDownpayment on File
Loan-to-Value (LTV)LTV on Record
Tax$0.00
Amount AccuracyCalculated from Transfer Tax
Additional
  • Arm's Length

Transferred From (Grantor/Seller)

NameVerified Name
Address4477 MANITOU RD, 4477, EXCELSIOR, MN 55331-9448

Transferred To (Grantee/Buyer)

NameVerified Name
Address4921 GIRARD AVE S, MINNEAPOLIS, MN 55419-5216

Mortgage

Document Number000A540648
DateDec 18, 2019
InstrumentA540648
Lender
NameMANUFACTURERS BANK & TRUST CO
TypeBank
Agreement
TypeConventional Mortgage
AmountAmount Recorded
Term252 Months
DueJan 01, 2040
Interest
Rate TypeAdjustable Rate

Tax Assessment & Valuation

Source: Freeborn County records · Assessment roll updated June 29, 2026 · Last verified July 2026

Property Jurisdictions

TypeName
StateMinnesota
MunicipalityAlbert Lea City
CountyFreeborn County
Unified School DistrictAlbert Lea Public School District (PK - 12)

Tax Bill & Assessment History

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

YearTax BillAssessed ValueAssessed Market Value
2026$540,800 (-) Land $22,300 Building $518,500$540,800 (-) Land $22,300 Building $518,500
2025$9,974.00 (-22.11%)$540,800 (-5.19%) Land $22,300 Building $518,500$540,800 (-5.19%) Land $22,300 Building $518,500
2023$12,806.00 (+47.03%)$570,400 Land $20,700 Building $549,700$570,400 Land $20,700 Building $549,700
2020$8,710.00

Flood & Wildfire

Source: FEMA National Flood Hazard Layer, Freeborn County (27047C), updated January 26, 2015 · FEMA OpenFEMA NFIP redacted claims and policies, census block group 270471804001, refreshed September 2026 · USDA Forest Service Wildfire Risk to Communities, 2nd edition (2024), fuels as of 2020 · Last verified October 2026

Flood

FEMA Flood ZoneZone X
Special Flood Hazard AreaNo
Flood HazardMinimal
500-Year FloodplainNo
Nearest Special Flood Hazard AreaZone AE, within 500 ft
Nearby Flood Policies3 in force
Nearby Flood Claims2 (2016–2017)
Most Recent ClaimDec 2017

Wildfire

Wildfire RiskNot rated
no burnable land in reach
Wildfire LikelihoodNegligible
ExposureNone
beyond ember reach

Values are read at the parcel center point; flood claims are located to the census block group, not this parcel; lenders make the official flood determination.

Internet Providers

Source: FCC Broadband Data Collection, availability as of December 31, 2025 · Published October 2026 · based on 402 locations within about half a mile of this property

ProviderTechnologyDownload / Upload (Mbps)
Metronet HoldingsFiber5,120 / 5,120
LTD BroadbandFiber1,000 / 1,000
SpectrumCable1,000 / 1,000
VerizonFixed Wireless300 / 20
LTD BroadbandFixed Wireless (licensed-by-rule)150 / 130
Midcontinent CommunicationsFixed Wireless100 / 20
AT&TFixed Wireless100 / 20

May also be available at this address: Spectrum. Availability varies by address; speeds are provider-advertised maximums, not measured.

Mobile Coverage

5G and 4G LTE

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