Freeborn County property record for 521 Prospect Ave, Albert Lea, MN 56007 · Last verified July 2026
| Property Type | Commercial > Retail |
|---|---|
| Lot Size | 8,800 sqft (0.2 acres) |
| Last Sale | $400,000 (2025) |
| Tax Bill | $494.00 (2025) |
| Primary APN | 34.247.0280 |
|---|
| Lot Area | 8,800 sqft (0.2 acres) |
|---|---|
| Depth X Width | 220 ft x 40 ft Depth x Width |
| Street Address | 521 PROSPECT AVE |
|---|---|
| City | ALBERT LEA |
| State | MN |
| Zip | 56007 |
| Property Usage | Commercial Property Usage |
| Type | Commercial > Retail |
| Legal Description | BUSCHBOM THIRD ADDITION LOT-013 BLOCK-004 SLY 40 FT LOT 13, BLK 4 & BEG SW COR LOT 9 TH ELY 30 FT NWLY 135 FT ELY 70 FT NWLY |
| Legal Subdivision | BUSCHBOM THIRD ADDITION |
| Legal Block | 4 |
| Legal Lot Number | 13 |
| Jurisdiction | FREEBORN MN |
| Minor Civil Division | ALBERT LEA |
| Census Blockgroup | 1 |
| Census Block | 1018 |
| Census Tract | 180600 |
Source: Freeborn County records · APN 34.247.0280
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 | Company Name on File |
|---|---|
| Mailing Address | 1210 MARIE AVE, ALBERT LEA, MN 56007-2258 |
| Owner Type | Owner is a Company |
| Deed Names | Verified Name on Deed |
|---|---|
| Known Transactions |
|
| Deed Doc Number | 20251780247 |
| Record Refreshed | 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 is set for property tax purposes, not a market price estimate; it is a fraction of this property's market value.
| Year | Tax Bill | Assessed Value | Assessed Market Value |
|---|---|---|---|
| 2026 | $22,900 (-) Land $10,500 Building $12,400 | $22,900 (-) Land $10,500 Building $12,400 | |
| 2025 | $494.00 (+16.51%) | $22,900 (+15.66%) Land $10,500 Building $12,400 | $22,900 (+15.66%) Land $10,500 Building $12,400 |
| 2023 | $424.00 (-26.13%) | $19,800 Land $10,500 Building $9,300 | $19,800 Land $10,500 Building $9,300 |
| 2020 | $574.00 |
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