502 Ulstad Ave, Albert Lea, MN 56007 Property Records

Freeborn County property record for 502 Ulstad Ave, Albert Lea, MN 56007

Property Summary

Property TypeSingle Family Home
Details3 bd · 1.5 ba · 1,272 sqft · built 1939
Lot Size0.21 acres (9,100 sqft)
OwnerIndividual Name on File
Last Sale$95,000 (Jun 2018)
Tax Bill$1,568 (2026)
Deeds & MortgagesJun 2018 Mortgage
Jun 2018 Sale
Flood ZoneZone X (minimal risk)
APN34.180.5510

Property Details

APN / Parcel Number

Primary APN34.180.5510

Interior

Bedrooms3 Beds
Full Baths1.5 Baths
Half Baths1 Half Bath
Total Rooms7 Rooms
Stories2 Stories
Building Area1,272 sqft Living Area
1st Floor Area792 sqft
Basement Area768 sqft
Unfinished Basement768 sqft
FlooringHardwood
Interior WallsPlaster

Exterior

Year BuiltBuilt 1939
Effective Year BuiltEffective 1939
Exterior MaterialAluminum Siding
Construction TypeFrame
Foundation TypeBlock
Roof TypeGable
Roof MaterialAsphalt
Lot Area9,100 sqft (0.21 acres)
Lot Dimensions182 ft deep x 50 ft wide
Garage TypeDetached
Garage Area528 sqft
Deck Area236 sqft

Utilities, Heating & Cooling

Cooling SystemHVAC
Heating SystemForced Air with A/C
Heating FuelGas

Location & Zoning

Street Address502 ULSTAD AVE
CityALBERT LEA
StateMN
Zip56007-3827
Property CategoryResidential
Property TypeResidential > Single Family > Home
Legal DescriptionHOME ADDITION LOT-011 BLOCK-027 LOT 11 BLK 27 & BEG AT NE COR SD LOT 11 TH E PAR WITH N LINE OF SD LOT 11 TO THE E LINE OF OU
Legal SubdivisionHOME ADDITION
Legal Block27
Legal Lot Number11
JurisdictionFREEBORN MN
Township / Civil DivisionALBERT LEA
Census Block Group1
Census Block1035
Census Tract180600

Owner

502 Ulstad Ave is owned and occupied by an individual who bought it in June 2018.

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

Owner of RecordIndividual Name on File
Mailing Address502 ULSTAD AVE, ALBERT LEA, MN 56007-3827
OccupancyOwner Occupied
Owner TypeIndividual

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

DateDocument
Jun 22, 2018Deed of Trust, Mortgage · Conventional Mortgage
FAIRWAY INDEPENDENT MTG CORP
Jun 20, 2018Deed, Transfer

Assessor's Deed Record

Deed NamesName on Deed
Last SaleJun 20, 2018 · Amount on File
Deed SaleJun 20, 2018 · Amount on File
Prior SaleJun 20, 2018 · Amount on File
Deed Document Number2018V827700
Record UpdatedOct 29, 2026

June 2018: Deed of Trust, Mortgage

Document TypeDeed of Trust
JurisdictionFREEBORN MN
Property Address502 ULSTAD AVE, ALBERT LEA, MN 56007-3827
Transaction TypeMortgage
Record UpdatedMay 5, 2021

Transferred To (Grantee/Buyer)

NameVerified Name

Mortgage

Document NumberA532947
DateJun 22, 2018
InstrumentA532947
Lender
NameFAIRWAY INDEPENDENT MTG CORP
TypeMortgage Company
Agreement
TypeConventional Mortgage
AmountAmount on Record
Term360 Months
DueJul 1, 2048
Interest
Rate TypeFixed Rate

June 2018: Deed, Transfer

Document TypeDeed
JurisdictionFREEBORN MN
Recording DateJun 20, 2018
Property Address502 ULSTAD AVE, ALBERT LEA, MN 56007-3827
Document NumberCRV827700
Instrument DateJun 20, 2018
InstrumentCRV827700
Transaction TypeTransfer
Record UpdatedJul 6, 2021

Transaction

AmountAmount on Record
Tax$0.00
Amount AccuracyCalculated from Transfer Tax
Additional
  • Arm's Length

Transferred From (Grantor/Seller)

NameVerified Name
Address206 VERHEY AVE E, 206, HOLLANDALE, MN 56045-4431

Transferred To (Grantee/Buyer)

NameVerified Name
Address502 ULSTAD AVE, ALBERT LEA, MN 56007-3827

Tax Assessment & Valuation

The 2026 property tax bill for 502 Ulstad Ave was $1,568 with a homeowner's exemption.

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

Property Jurisdictions

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

Tax Bill & Assessment History

YearTax BillAssessed ValueAssessed Market Value
2026$1,568.00 Homeowner's exemption$148,100 Land $23,400 Building $124,700$148,100 Land $23,400 Building $124,700
2025$1,568.00
2023$1,048.00 Homeowner's exemption$92,500 Land $9,400 Building $83,100$92,500 Land $9,400 Building $83,100
2020$960.00

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

Flood

FEMA maps place 502 Ulstad Ave in Zone X, an area of minimal flood risk, though there have been 1 flood claim nearby since 2016.

Source: FEMA National Flood Hazard Layer, effective January 26, 2015 · OpenFEMA NFIP redacted claims and policies, as of September 2026

FEMA Flood ZoneZone X
minimal risk
Flood Insurance RequirementNot required
lenders may require it
Nearby Flood Policies1 in force
Nearby Flood Claims1 (2016)
Claims Outside the SFHA1 of 1
Most Recent ClaimSep 2016 · Severe Storms And Flooding

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.

Wildfire

The area around 502 Ulstad Ave has no burnable land within ember reach, so its wildfire risk is not rated.

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

Wildfire RiskNot rated
no burnable land within 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 SystemAlbert Lea
serves 18,492 people · EPA ID MN1240001
Water SourceGroundwater
Last State InspectionSep 2025
Lead2 ppb (2025)
action level 15 ppb
Copper1.81 mg/L (2021)
action level 1.3 mg/L

Violations Reported to EPA

Water QualityNone
last 10 years
Treatment and ProcedureNone
last 10 years
Monitoring and ReportingNone
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 290 locations within half a mile, as of December 31, 2025

ProviderMax Down / Up (Mbps)
GigFire
Fiber · Fixed Wireless
1,000 / 1,000
Spectrum
Cable
1,000 / 1,000
Winnebago Cooperative Telecom Association
Fiber
1,000 / 1,000
Verizon
Fixed Wireless
300 / 20
Midco
Fixed Wireless
100 / 20
AT&T
Fixed Wireless
100 / 20

May also be available: Metronet.

Nearby Properties on Ulstad Ave

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