1506 Academy Ave, Albert Lea, MN 56007
OFF MARKET

$245,800

Trulia Estimate
  • 4 Beds
  • 3 Baths
  • 2,432 sqft

1506 Academy Ave, Albert Lea, MN 56007

Est. Refi. Payment $1,581/mo*
Refinance Your Home
Currently Off Market - Sold Dec 2, 2024 for $210,000

Home Value

Trulia Estimate
$246K
Since last month
Increased$8K (+3.5%)
Since last year
Increased$30K (+14.1%)
Since last sale
Increased$36K (+17%)
Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

Trulia Estimate

The of this home's value increased by +116% in the last 10 years
MonthEstimated value
2026
August 2026$246K
August 2026$244K
July 2026$237K
June 2026$230K
May 2026$219K
April 2026$216K
March 2026$213K
February 2026$214K
January 2026$216K
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
1606 Frank Hall Dr, Albert Lea, MN
0.19
Single-Family Home
$183,000
05/19/26
3
2
2,919
1715 Todd Ave, Albert Lea, MN
0.26
Single-Family Home
$207,000
09/26/25
4
2
1,620
1425 Academy Ave, Albert Lea, MN
0.09
Single-Family Home
$170,000
05/15/26
3
2
1,344
623 E 6th St, Albert Lea, MN
0.38
Single-Family Home
$128,000
04/14/26
3
1.5
1,802
307 E 6th St, Albert Lea, MN
0.51
Single-Family Home
$139,900
05/08/26
3
2
2,097
1317 Frank Ave, Albert Lea, MN
0.28
Single-Family Home
$112,000
05/01/26
2
1.5
1,911
1412 Manor Ave, Albert Lea, MN
0.16
Single-Family Home
$133,000
10/03/25
3
1
1,126
1224 Saint Joseph Ave, Albert Lea, MN
0.33
Single-Family Home
$140,000
01/29/26
3
1.5
1,320
1009 James Ave, Albert Lea, MN
0.61
Single-Family Home
$167,000
10/31/25
3
2
2,160
415 E 4th St, Albert Lea, MN
0.60
Single-Family Home
$195,000
09/10/26
3
2
2,079

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
1517 Margaretha Ave, Albert Lea, MN 56007
0.03
$84,800
2
1
1,536
Off Market
1435 Margaretha Ave, Albert Lea, MN 56007
0.08
$167,200
3
2.5
1,684
Off Market
1438 Lee Ave, Albert Lea, MN 56007
0.08
$206,200
4
2
3,145
Off Market
1425 Academy Ave, Albert Lea, MN 56007
0.09
$170,000
3
2
1,344
Recently Sold
1420 Academy Ave, Albert Lea, MN 56007
0.11
$139,900
3
1.5
1,358
For Sale
1420 Lee Ave, Albert Lea, MN 56007
0.11
$183,200
4
2.5
1,977
Off Market
1506 Manor Ave, Albert Lea, MN 56007
0.13
$202,800
3
2
2,080
Off Market
1509 Edina Ave, Albert Lea, MN 56007
0.16
$175,800
3
2
1,196
Off Market
1418 Manor Ave, Albert Lea, MN 56007
0.16
$167,500
2
1
840
Recently Sold
1412 Manor Ave, Albert Lea, MN 56007
0.16
$135,600
3
1
1,126
Off Market
1509 Todd Ave, Albert Lea, MN 56007
0.15
$198,200
3
2
1,912
Off Market

Local Information

  • Map ViewExplore the area around 1506 Academy Ave.
  • Schools1 Preschool School1 Elementary School2 Middle Schools1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Single-Family Home
Built in 1958
2,432 sqft
$101/sqft
1 Car Garage

About this House

Move in ready 4 bedroom 3 bath 1.5 story home with an appealing poured concrete foundation. This home has permanent siding, hardwood floors, gutter guards, lower level egress window & storage galore, including several built in cabinets. Sellers have had a professionally installed tile network added in the basement. You will appreciate the clothes chute serving the main & upper level. In addition you will enjoy the well landscaped back yard w/ patio and firepit. A storage shed is also located in the back yard. Additional parking slab alongside the driveway assists in keeping your vehicles off the street. One bedroom has separate entrance , has served the homeowners as an in home business for numerous years. Make an appointment today to view this well built home.
1506 Academy Ave, Albert Lea, MN 56007 is a 4 bedroom, 3 bathroom, 2,432 sqft single-family home built in 1958. It last sold for $210,000 on Dec 2, 2024 (2% below the $214,900 asking price). This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $245,800, with a rent estimate of $1,991/month.
Last check for updates: about 16 hours ago
Listed by Rick Mummert, (507) 383-5773
Century 21 Atwood
Bought with: Bryan Ner, (507) 369-3760, Realty Group LLC
Source: NorthstarMLS as distributed by MLS GRID, MLS#6619378

Home Details for 1506 Academy Ave

Active Status

MLS Status: Closed

Interior Features

Interior Details
Basement: Full,Concrete,Partially Finished,Sump PumpNumber of Rooms: 9Types of Rooms: Bedroom, Bedroom 2, Bedroom 3, Bedroom 4, Dining Room, Family Room, Kitchen, Living Room, Storage
Beds & Baths
Number of Bedrooms: 4Number of Bathrooms: 3Number of Bathrooms (full): 2Number of Bathrooms (three quarters): 1
Dimensions and Layout
Living Area: 2432 Square FeetFoundation Area: 1012
Appliances & Utilities
Appliances: Dryer, Freezer, Microwave, Range, Refrigerator, Washer, Water Softener OwnedDryerLaundry: In Basement,Washer HookupMicrowaveRefrigeratorWasher
Heating & Cooling
Heating: Forced AirHas CoolingAir Conditioning: Central AirHas HeatingHeating Fuel: Forced Air
Fireplace & Spa
Fireplace: ElectricNo Fireplace
Gas & Electric
Electric: Circuit Breakers, 100 Amp ServiceGas: Natural Gas
Levels, Entrance, & Accessibility
Stories: 1.5Levels: One and One HalfAccessibility: None
View
No View

Exterior Features

Exterior Home Features
Roof: Age Over 8 Years Architectural Shingle PitchedPatio / Porch: PatioFencing: Chain Link
Parking & Garage
Number of Garage Spaces: 1Number of Covered Spaces: 1Other Parking: Garage Dimensions (14 x 22)No CarportHas a GarageHas an Attached GarageHas Open ParkingParking Spaces: 1Parking: Attached,Concrete,Garage Door Opener
Frontage
Road Frontage: City StreetNot on Waterfront
Water & Sewer
Sewer: City Sewer/Connected
Finished Area
Finished Area (above surface): 1720 Square FeetFinished Area (below surface): 712 Square Feet

Days on Market

Cumulative Days on Market: 25

Property Information

Year Built
Year Built: 1958
Property Type / Style
Property Type: ResidentialProperty Subtype: Single Family Residence
Building
Not a New ConstructionNot Attached PropertyNo Additional Parcels
Property Information
Parcel Number: 340780280

Price & Status

Price
List Price: $214,900
Status Change & Dates
Off Market Date: Tue Nov 12 2024

Location

Direction & Address
City: Albert Lea
School Information
High School District: Albert Lea

Building

Building Area
Building Area: 2432 Square Feet

HOA

No HOA

Lot Information

Lot Area: 8276.4 sqft

Offer

Contingencies: None

Miscellaneous

BasementMls Number: 6619378Above Grade Unfinished Area: 1720

Price and Tax history

DateEventPrice
Dec 2, 2024
Source: NorthstarMLS as distributed by MLS GRID #6619378
Sold
$210,000
Nov 12, 2024
Source: NorthstarMLS as distributed by MLS GRID #6619378
Pending
$214,900
Oct 18, 2024
Source: NorthstarMLS as distributed by MLS GRID #6619378
Listed For Sale
$214,900

Market trends in Albert Lea

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
—
Sale-to-List Price
—
Price per sq ft
—
Available listings
123
8MoM

Around this home

What Locals Say about Albert Lea

At least 102 Trulia users voted on each feature.

  • 89 % Say it's dog friendly

  • 87 % Say car is needed

  • 85 % Say parking is easy

  • 82 % Say yards are well-kept

  • 67 % Say kids play outside

  • 65 % Say there are sidewalks

  • 64 % Say streets are well-lit

  • 64 % Say people would walk alone at night

  • 62 % Say there's holiday spirit

  • 59 % Say neighbors are friendly

  • 53 % Say it's quiet

  • 49 % Say there's wildlife

  • 41 % Say they plan to stay for at least 5 years

  • 38 % Say it's walkable to grocery stores

  • 30 % Say it's walkable to restaurants

  • 23 % Say there are community events

Sourced by Trulia users. Learn more about our methodology.
  • Terry K.
    "Very dog friendly city. Lots of paths to walk along the lake as well as nature paths that are very dog friendly. There is even a dog park that seems to be very popular for both big dogs and small "
    2
    Flag
  • Charles D.
    "Right by the beach and people are always walking their dogs. Great place to be. Quiet and friendly neighborhood "
    4
    Flag
  • Kim K.
    "I drive an hour to work ever day. Driving in town in general is pretty laid back though and rarely any heavy traffic."
    1
    Flag
  • Stephanie G.
    "I was raised in this neighborhood pretty good place to live in. Good schools. Decent restaurants not a whole lot of shopping area thought but it’s quite which is good. "
    0
    Flag
  • A
    "Easy area to walk dogs and spend quality time outside with family. Biking or running, Albert Lea has all you need to raise a family and stay healthy while doing it. "
    0
    Flag
  • Naheiser
    "Lived here for 3 years. My 3 neighbors are all very nice, caring people. We are tucked back on a bay of Fountain Lake with woods so it’s quiet. We see eagles and cardinals plus deer and wild turkeys! Love it here."
    2
    Flag
  • Cole7481
    "Great place to live! Beautiful lakes, parks and people. Amazing cost of living. Places to eat, things to do. Lake, land, life! "
    0
    Flag
  • Cole7481
    "Community events are always happening, such as Holiday events, markets, live music and festivals, etc. Great people and lots to do - lakes, land, life!"
    0
    Flag
  • Unspecified
    "I've live in Albert Lea my whole life and honestly it's quite dull unless your a streo typically elderly person. There isn't much here for young people, jobs are few and far between, The lakes are gross."
    1
    Flag
  • Unspecified
    "I like all the parks that are less then a mile from my house. My favorite park in my neighborhood is Frank Hall park. Frank Hall park has a play area for kids, a fishing pier, Public water access for boaters, and Gazbos that are perfect for a picnic (The humane society is by the park too! highly recommend checking it out if you want a pet.). Right across the street from the park there is a basketball and a pickleball court and the Aquatic Center."
    0
    Flag
  • scottschmeltzer12
    "Amazing community for giving back! Relay for Life, United Way, etc. Small town that is great for raising a family. 45 minutes from Mayo Clinic-Rochester, MN. Two amazing golf courses. New High School that is beautiful."
    0
    Flag
  • Dsrborland
    "good place to live,low crime,"
    0
    Flag

LGBTQ Local Legal Protections

Based on information submitted to the MLS GRID as of 2026-09-11 01:03:49 PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. Click here for more information
By searching NorthstarMLS listings you agree to the NorthstarMLS End User License Agreement

Frequently asked questions about 1506 Academy Ave

  • What is 1506 Academy Ave estimated to be worth?
    Trulia's estimated value for 1506 Academy Ave in Albert Lea, MN is $245,800.
  • What is the price history for 1506 Academy Ave?
    1506 Academy Ave in Albert Lea, MN last sold for $210,000 in December 2024.
  • Is Albert Lea a buyer's or seller's market?
    Albert Lea is currently a balanced market, based on recent for-sale activity.
  • What do residents say about Albert Lea?
    Residents describe Albert Lea, MN as dog-friendly, easy to park in, and well-kept. Most residents say you need a car. See recently sold homes in Albert Lea, MN.
  • Does 1506 Academy Ave have air conditioning?
    Yes, 1506 Academy Ave in Albert Lea, MN has air conditioning.
  • Does 1506 Academy Ave have laundry facilities?
    Yes, 1506 Academy Ave in Albert Lea, MN has in-unit laundry.

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