Freeborn County property record for 503 Park Ave, Albert Lea, MN 56007
| Property Type | Single Family Home |
|---|---|
| Details | 4 bd · 2 ba · 2,232 sqft · built 1962 |
| Lot Size | 0.344 acres (14,991 sqft) |
| Owner | Individual Name on File |
| Tax Bill | $10,304 (2026) |
| Deeds & Mortgages | Jul 2018 Mortgage |
| Flood Zone | Zone X (minimal risk) |
| APN | 34.124.0130 |
| Primary APN | 34.124.0130 |
|---|
| Bedrooms | 4 Beds |
|---|---|
| Full Baths | 2 Baths |
| Half Baths | 1 Half Bath |
| Total Rooms | 12 Rooms |
| Building Area | 2,232 sqft Living Area |
| 1st Floor Area | 1,634 sqft |
| Basement Area | 1,982 sqft |
| Finished Basement | 1,982 sqft |
| Unfinished Basement | 2,008 sqft |
| Flooring | Tile |
| Interior Walls | Wallboard/Drywall |
| Fireplaces | 1 Fireplace |
| Fireplace | Fireplace |
| Year Built | Built 1962 |
|---|---|
| Effective Year Built | Effective 1962 |
| Architectural Style | Split Foyer |
| Exterior Material | Wood Siding |
| Construction Type | Frame |
| Foundation Type | Concrete |
| Roof Type | Gable |
| Roof Material | Asphalt |
| Lot Area | 14,991 sqft (0.344 acres) |
| Garage Type | Attached |
| Garage Area | 988 sqft |
| Porch | Slab |
| Porch Area | 96 sqft |
| Deck Area | 280 sqft |
| Cooling System | HVAC |
|---|---|
| Heating System | Baseboard |
| Street Address | 503 PARK AVE |
|---|---|
| City | ALBERT LEA |
| State | MN |
| Zip | 56007-4432 |
| Property Category | Residential |
| Property Type | Residential > Single Family > Home |
| Legal Description | ARMSTRONG'S ADDITION REV DESC NO. 2074 A SPECIFIC PART OF ARMSTRONG'S ADD CITY OF ALBERT LEA |
| Legal Subdivision | ARMSTRONG'S ADDITION |
| Jurisdiction | FREEBORN MN |
| Township / Civil Division | ALBERT LEA |
| Census Block Group | 1 |
| Census Block | 1001 |
| Census Tract | 180400 |
503 Park Ave is owned and occupied by an individual.
Source: Freeborn County records, as of September 23, 2026
| Owner of Record | Individual Name on File |
|---|---|
| Mailing Address | 503 PARK AVE, ALBERT LEA, MN 56007-4432 |
| Occupancy | Owner Occupied |
| Owner Type | Individual |
Owner names and exact recorded amounts are on file and can be viewed instantly on this page with a free 10-day trial.
| Deed Names | Name on Deed |
|---|---|
| Record Updated | Oct 29, 2026 |
| Document Type | Deed of Trust |
|---|---|
| Jurisdiction | FREEBORN MN |
| Property Address | 503 PARK AVE, ALBERT LEA, MN 56007-4432 |
| Transaction Type | Mortgage |
| Record Updated | May 5, 2021 |
| Name | Verified Name |
|---|
| Document Number | A533147 |
|---|---|
| Date | Jul 5, 2018 |
| Instrument | A533147 |
| Name | FARMERS STATE BANK HARTLAND |
|---|---|
| Type | Bank |
| Type | Conventional Mortgage |
|---|---|
| Amount | Amount on Record |
| Term | 360 Months |
| Due | Aug 1, 2048 |
| Rate Type | Fixed Rate |
|---|
The 2026 property tax bill for 503 Park Ave was $10,304 with a homeowner's exemption.
Source: Freeborn County assessment roll, as of June 29, 2026
| Type | Name |
|---|---|
| State | Minnesota |
| Municipality | Albert Lea City |
| County | Freeborn County |
| Unified School District | Albert Lea Public School District (PK - 12) |
| Year | Tax Bill | Assessed Value | Assessed Market Value |
|---|---|---|---|
| 2026 | $10,304.00 Homeowner's exemption | $637,000 Land $149,900 Building $487,100 | $637,000 Land $149,900 Building $487,100 |
| 2025 | $10,304.00 | ||
| 2023 | $8,576.00 Homeowner's exemption | $573,700 Land $149,900 Building $423,800 | $573,700 Land $149,900 Building $423,800 |
| 2020 | $8,620.00 |
Assessed value and assessed market value are set for property tax purposes and are not market price estimates.
FEMA maps place 503 Park Ave in Zone X, an area of minimal flood risk, within 500 ft of a high-risk flood zone.
Source: FEMA National Flood Hazard Layer, effective January 26, 2015 · OpenFEMA NFIP redacted claims and policies, as of September 2026
| FEMA Flood Zone | Zone X minimal risk |
|---|---|
| Nearest Special Flood Hazard Area | Zone AE, within 500 ft |
| Flood Insurance Requirement | Not required lenders may require it |
| Nearby Flood Policies | 3 in force |
| Nearby Flood Claims | 2 (2016–2017) |
| Most Recent Claim | Dec 2017 |
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 risk around 503 Park Ave is low, with less than a 0.01% annual chance of wildfire.
Source: USDA Forest Service Wildfire Risk to Communities (2nd edition), as of 2024
| Wildfire Risk | Low lower than 99.1% of the US · lower than 96% of Minnesota |
|---|---|
| Wildfire Likelihood | Under 0.01% annual chance |
| Exposure | None beyond ember reach |
Values cover an area roughly 900 ft across, not the parcel itself; insurers use their own ratings.
Source: EPA Safe Drinking Water Information System, as of September 2026
| Water System | Albert Lea serves 18,492 people · EPA ID MN1240001 |
|---|---|
| Water Source | Groundwater |
| Last State Inspection | Sep 2025 |
| Lead | 2 ppb (2025) action level 15 ppb |
| Copper | 1.81 mg/L (2021) action level 1.3 mg/L |
| Water Quality | None last 10 years |
|---|---|
| Treatment and Procedure | None last 10 years |
| Monitoring and Reporting | None 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.
Source: FCC Broadband Data Collection, based on 402 locations within half a mile, as of December 31, 2025
| Provider | Max 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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