502 W William St, Albert Lea, MN 56007 Property Records

Freeborn County property record for 502 W William St, Albert Lea, MN 56007

Property Summary

Property TypeSingle Family Home
Details3 bd · 1 ba · 1,442 sqft · built 1910
Lot Size0.07 acres (3,105 sqft)
OwnerCompany Name on File
Last Sale$11,500 (Apr 2021)
Tax Bill$1,754 (2026)
Deeds & MortgagesApr 2021 Sale
Feb 2021 Sale
+ 1 more
Flood ZoneZone X (minimal risk)
APN34.007.1830

Property Details

APN / Parcel Number

Primary APN34.007.1830

Interior

Bedrooms3 Beds
Full Baths1 Bath
Total Rooms6 Rooms
Stories1 Story
Building Area1,442 sqft Living Area
1st Floor Area672 sqft
Basement Area672 sqft
Unfinished Basement672 sqft
FlooringHardwood
Interior WallsPlaster

Exterior

Year BuiltBuilt 1910
Effective Year BuiltEffective 1910
Exterior MaterialWood
Construction TypeFrame
Foundation TypeBlock
Roof TypeGable
Roof MaterialAsphalt
Lot Area3,105 sqft (0.07 acres)
Lot Dimensions69 ft deep x 45 ft wide
PorchSlab
Porch Area196 sqft

Utilities, Heating & Cooling

Heating SystemBaseboard

Location & Zoning

Street Address502 W WILLIAM ST
CityALBERT LEA
StateMN
Zip56007-2517
Property CategoryResidential
Property TypeResidential > Single Family > Home
Local Zoning CodeRP
Legal DescriptionMORIN'S ADDITION W 45 FT LOT D BLK 5 MORINS ADDITION
Legal SubdivisionMORIN'S ADDITION
Legal Block5
Legal Lot NumberD
JurisdictionFREEBORN MN
Township / Civil DivisionALBERT LEA
Census Block Group2
Census Block2059
Census Tract180800

Owner

502 W William St is owned by a company that bought it in April 2021.

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

Owner of RecordCompany Name on File
Mailing Address3824 WILLOW WAY, SAINT PAUL, MN 55122-1627
Owner TypeCompany
VestingCompany

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
Apr 13, 2021Warranty Deed, Transfer
LENDSERV NATIONAL TITLE
Feb 4, 2021Warranty Deed, Transfer
Feb 14, 2020Warranty Deed, Transfer

Assessor's Deed Record

Deed NamesName on Deed
Last SaleApr 13, 2021 · Amount on File
Deed SaleApr 13, 2021 · Amount on File
Prior SaleFeb 4, 2021 · Amount on File
Deed Document Number2021548163
Record UpdatedOct 29, 2026

April 2021: Warranty Deed, Transfer

Document TypeWarranty Deed
JurisdictionFREEBORN MN
Recording DateApr 13, 2021
Property Address502 W WILLIAM ST, ALBERT LEA, MN 56007-2517
Document NumberA548163
Instrument DateApr 6, 2021
InstrumentA548163
Transaction TypeTransfer
Record UpdatedJul 6, 2021
Title CompanyLENDSERV NATIONAL TITLE

Transaction

AmountAmount on Record
Tax$37.95
Amount AccuracyFull Amount Stated
Additional
  • Arm's Length

Transferred From (Grantor/Seller)

NameVerified Name

Transferred To (Grantee/Buyer)

NameVerified Name
Address3821 LAUREL CT, EAGAN, MN 55122-1622

February 2021: Warranty Deed, Transfer

Document TypeWarranty Deed
JurisdictionFREEBORN MN
Recording DateFeb 4, 2021
Property Address502 W WILLIAM ST, ALBERT LEA, MN 56007-2517
Document NumberA547054
Instrument DateJan 29, 2021
InstrumentA547054
Transaction TypeTransfer
Record UpdatedJul 6, 2021

Transaction

AmountAmount on Record
Tax$98.67
Amount AccuracyFull Amount Stated
Additional
  • Arm's Length

Transferred From (Grantor/Seller)

NameVerified Name

Transferred To (Grantee/Buyer)

NameVerified Name
Address502 W WILLIAM ST, ALBERT LEA, MN 56007-2517

February 2020: Warranty Deed, Transfer

Document TypeWarranty Deed
JurisdictionFREEBORN MN
Recording DateFeb 14, 2020
Property Address502 W WILLIAM ST, ALBERT LEA, MN 56007-2517
Document NumberCRV1063235
Instrument DateFeb 14, 2020
InstrumentCRV1063235
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
Address502 INDEPENDENCE AVE S, 502, CLARKS GROVE, MN 56016-7711

Transferred To (Grantee/Buyer)

NameVerified Name
Address502 W WILLIAM ST, ALBERT LEA, MN 56007-2517
InvestorPossibly a Property Investor

Tax Assessment & Valuation

The 2026 property tax bill for 502 W William St was $1,754.

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$1,754.00$83,600 Land $13,600 Building $70,000$83,600 Land $13,600 Building $70,000
2025$1,754.00
2023$540.00$30,600 Land $6,700 Building $23,900$30,600 Land $6,700 Building $23,900
2020$422.00

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

Flood

FEMA maps place 502 W William St in Zone X, an area of minimal flood risk, though there have been 2 flood claims nearby since 2001.

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 Claims2 (2001)
Most Recent ClaimJun 2001 · Severe Winter Storms, Flooding, And Tornadoes
Claims by Event
  • Severe Winter Storms, Flooding, And Tornadoes, Jun 2001 · 2 claims

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 W William St 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 402 locations within half a mile, as of December 31, 2025

ProviderMax Down / Up (Mbps)
Metronet
Fiber
5,120 / 5,120
GigFire
Fiber · Fixed Wireless
1,000 / 1,000
Spectrum
Cable · Fiber in parts of the area
1,000 / 1,000
Verizon
Fixed Wireless
300 / 20
Midco
Fixed Wireless
100 / 20
AT&T
Fixed Wireless
100 / 20

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