20537 720th Ave, Albert Lea, MN 56007
OFF MARKET

$327,000

Trulia Estimate
  • 2 Beds
  • 2 Baths
  • 2,012 sqft (on 9.64 acres)

20537 720th Ave, Albert Lea, MN 56007

Est. Refi. Payment $2,111/mo*
Refinance Your Home
Currently Off Market - Sold Dec 29, 2023 for $230,000

Home Value

Trulia Estimate
$327K
Since last month
Increased$5K (+1.5%)
Since last year
Increased$42K (+14.8%)
Since last sale
Increased$98K (+42.5%)
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 +68% in the last 10 years
MonthEstimated value
2026
September 2026$328K
August 2026$326K
July 2026$323K
June 2026$329K
May 2026$324K
April 2026$322K
March 2026$315K
February 2026$317K
January 2026$302K
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
72203 Wineglass Rd, Albert Lea, MN
0.93
Single-Family Home
$665,000
01/08/26
4
2.5
3,742
71952 Phillip Dr, Albert Lea, MN
1.37
Single-Family Home
$565,000
09/30/25
4
3.5
3,862
21824 Douglas Ave, Albert Lea, MN
1.35
Single-Family Home
$365,000
06/01/26
4
2.5
2,976
2704 Campus Ln, Albert Lea, MN
1.30
Single-Family Home
$529,000
01/16/26
4
2.5
3,857
2722 Campus Ln, Albert Lea, MN
1.22
Single-Family Home
$660,000
04/02/26
3
2.5
5,558
1806 Bellview Ln, Albert Lea, MN
1.84
Single-Family Home
$215,000
08/26/26
4
2
2,061
410 Wedgewood Rd, Albert Lea, MN
1.62
Single-Family Home
$125,000
12/03/25
3
1.5
960
208 McArthur Dr, Albert Lea, MN
1.66
Single-Family Home
$150,000
11/26/25
2
1
1,216
121 McArthur Dr, Albert Lea, MN
1.68
Single-Family Home
$167,000
08/07/26
3
2
1,263
1810 Michaelle Ln, Albert Lea, MN
2.04
Single-Family Home
$180,000
02/06/26
3
2
1,984

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
71537 County Road 46, Albert Lea, MN 56007
0.17
$314,800
3
2
1,976
Off Market
3036 Lake Chapeau Dr, Albert Lea, MN 56007
0.84
-
-
-
-
Off Market
72203 Wineglass Rd, Albert Lea, MN 56007
0.93
$665,000
4
2.5
3,742
Recently Sold
3003 Lake Chapeau Dr, Albert Lea, MN 56007
0.95
$549,900
6
3
3,040
For Sale
Tbd Lake Chapeau Dr, Albert Lea, MN 56007
0.99
$50,000
-
-
-
Recently Sold
808 Lake Chapeau Dr #108, Albert Lea, MN 56007
1.01
$118,900
1
1
932
Recently Sold
808 Lake Chapeau Dr #103, Albert Lea, MN 56007
1.02
$213,600
2
2
1,290
Off Market
808 Lake Chapeau Dr #105, Albert Lea, MN 56007
1.02
$247,900
2
2
1,374
For Sale
808 Lake Chapeau Dr #202, Albert Lea, MN 56007
1.02
$225,000
2
2
1,145
For Sale
808 Lake Chapeau Dr #205, Albert Lea, MN 56007
1.02
$230,000
2
2
1,374
Recently Sold
808 Lake Chapeau Drive, Albert Lea, MN 56007
1.02
$210,000
2
2
1,374
Off Market

Local Information

  • Map ViewExplore the area around 20537 720th Ave.
  • Schools1 Preschool School1 Elementary School2 Middle Schools1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Single-Family Home
Built in 1984
9.64 acre lot
2,012 sqft
$163/sqft
2 Car Garage

About this House

9.64 acres!!! Here is that acreage with a pond that you have been searching for. House is currently set up as a 2 bedroom, 2 bath ranch home with brick wood burning fireplace. Large main floor kitchen/dining area for gathering and entertaining. Lower level has an additional kitchen. Property includes a barn and workshop. This property needs a little TLC including the exterior needs new siding. Will be sold in it's as-is condition. Currently seeking information on septic compliance.
20537 720th Ave, Albert Lea, MN 56007 is a 2 bedroom, 2 bathroom, 2,012 sqft single-family home built in 1984. It last sold for $230,000 on Dec 29, 2023 (14% below the $265,900 asking price). This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $327,000, with a rent estimate of $1,983/month.
Last check for updates: about 18 hours ago
Listed by Rick Mummert, (507) 383-5773
Century 21 Atwood
Bought with: Rick Mummert, (507) 383-5773, Century 21 Atwood
Source: NorthstarMLS as distributed by MLS GRID, MLS#6442148

Home Details for 20537 720th Ave

Active Status

MLS Status: Closed

Interior Features

Interior Details
Basement: Block,Partially Finished,Sump PumpNumber of Rooms: 8Types of Rooms: Bedroom, Bedroom 2, Dining Room, Family Room, Kitchen, Kitchen 2 Nd, Laundry, Living Room
Beds & Baths
Number of Bedrooms: 2Number of Bathrooms: 2Number of Bathrooms (full): 1Number of Bathrooms (three quarters): 1
Dimensions and Layout
Living Area: 2012 Square FeetFoundation Area: 1148
Appliances & Utilities
Appliances: Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer, Water Softener OwnedDishwasherDryerLaundry: Laundry Room,Main LevelMicrowaveRefrigeratorWasher
Heating & Cooling
Heating: Forced Air,Wood StoveHas CoolingAir Conditioning: Central AirHas HeatingHeating Fuel: Forced Air
Fireplace & Spa
Number of Fireplaces: 1Fireplace: Brick, Family Room, Wood BurningHas a Fireplace
Gas & Electric
Electric: Circuit Breakers, 200+ Amp ServiceGas: Propane
Levels, Entrance, & Accessibility
Stories: 1Levels: OneAccessibility: None
View
No View

Exterior Features

Exterior Home Features
Roof: Age 8 Years Or Less Asphalt PitchedPatio / Porch: Covered, Front Porch, ScreenedFencing: NoneOther Structures: Barn(s), Storage Shed
Parking & Garage
Number of Garage Spaces: 2Number of Covered Spaces: 2Other Parking: Garage Dimensions (26 x 28)No CarportHas a GarageHas an Attached GarageHas Open ParkingParking Spaces: 2Parking: Attached,Gravel,Concrete,Garage Door Opener
Frontage
Waterfront: PondRoad Frontage: TownshipNot on Waterfront
Water & Sewer
Sewer: Tank with Drainage Field
Finished Area
Finished Area (above surface): 1148 Square FeetFinished Area (below surface): 864 Square Feet

Days on Market

Cumulative Days on Market: 65

Property Information

Year Built
Year Built: 1984
Property Type / Style
Property Type: ResidentialProperty Subtype: Single Family Residence
Building
Not a New ConstructionNot Attached PropertyHas Additional Parcels
Property Information
Parcel Number: 090110200Additional Parcels Description: 090120131

Price & Status

Price
List Price: $265,900
Status Change & Dates
Off Market Date: Wed Dec 06 2023

Location

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

Building

Building Area
Building Area: 2012 Square Feet

HOA

No HOA

Lot Information

Lot Area: 9.64 Acres

Offer

Contingencies: None

Miscellaneous

BasementMls Number: 6442148Above Grade Unfinished Area: 1148

Price and Tax history

DateEventPrice
Dec 29, 2023
Source: NorthstarMLS as distributed by MLS GRID #6442148
Sold
$230,000
Dec 6, 2023
Source: NorthstarMLS as distributed by MLS GRID #6442148
Pending
$265,900
Oct 2, 2023
Source: NorthstarMLS as distributed by MLS GRID #6442148
Listed For Sale
$265,900
Jul 23, 2014
Source: N/A
Sold
$103,243
Feb 4, 1999
Source: N/A
Sold
$121,000

Market trends in Albert Lea

Last updated August 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$185K
Sale-to-List Price
99.1%
Price per sq ft
$99
Available listings
126
3MoM

Around this home

View nearby schools on GreatSchools
The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

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 2026-09-14 01:08:32 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 20537 720th Ave

  • What is 20537 720th Ave estimated to be worth?
    Trulia's estimated value for 20537 720th Ave in Albert Lea, MN is $327,000.
  • What is the price history for 20537 720th Ave?
    20537 720th Ave in Albert Lea, MN last sold for $230,000 in December 2023.
  • Is Albert Lea a buyer's or seller's market?
    Albert Lea is currently a balanced market, based on recent for-sale activity.
  • What's the median sale price in Albert Lea?
    The median sale price in Albert Lea is $185K.
  • Does 20537 720th Ave have air conditioning?
    Yes, 20537 720th Ave in Albert Lea, MN has air conditioning.
  • Does 20537 720th Ave have laundry facilities?
    Yes, 20537 720th Ave in Albert Lea, MN has in-unit laundry.

Explore by feature - Pet Friendly

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8 rentals with a washer/dryer in Albert Lea, MN

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