406 E 5th St, Albert Lea, MN 56007
OFF MARKET

$56,000

Trulia Estimate
  • 2 Beds
  • 2 Baths
  • 1,607 sqft

406 E 5th St, Albert Lea, MN 56007

Est. Refi. Payment $430/mo*
Refinance Your Home
Currently Off Market - Sold Apr 26, 2012 for $19,800

Home Value

Trulia Estimate
$56K
Since last month
Decreased$2K (-3.4%)
Since last year
Decreased$16K (-22.4%)
Since last sale
Increased$36K (+183.3%)
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 +181% in the last 10 years
MonthEstimated value
2026
October 2026$56K
September 2026$61K
August 2026$58K
July 2026$58K
June 2026$66K
May 2026$67K
April 2026$66K
March 2026$66K
February 2026$65K
January 2026$66K
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
212 E 5th St, Albert Lea, MN
0.17
Single-Family Home
$79,900
09/25/26
2
1.5
1,664
307 E 6th St, Albert Lea, MN
0.07
Single-Family Home
$139,900
05/08/26
3
2
2,097
1007 Frank Ave, Albert Lea, MN
0.11
Single-Family Home
$80,000
12/29/25
4
2
1,716
1317 Frank Ave, Albert Lea, MN
0.23
Single-Family Home
$112,000
05/01/26
2
1.5
1,911
623 E 6th St, Albert Lea, MN
0.22
Single-Family Home
$128,000
04/14/26
3
1.5
1,802
1205 James Ave, Albert Lea, MN
0.11
Single-Family Home
$61,233
10/02/26
2
1
918
1117 Frank Ave, Albert Lea, MN
0.07
Single-Family Home
$117,500
05/08/26
2
1
1,572
1026 S Newton Ave, Albert Lea, MN
0.22
Single-Family Home
$75,000
03/02/26
2
1
1,750
402 E 4th St, Albert Lea, MN
0.10
Single-Family Home
$139,900
01/29/26
4
2
1,149
1009 James Ave, Albert Lea, MN
0.12
Single-Family Home
$167,000
10/31/25
3
2
2,160

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
416 E 5th St, Albert Lea, MN 56007
0.01
$103,800
3
1
1,225
Off Market
404 E 5th St, Albert Lea, MN 56007
0.01
$99,300
2
2
852
Off Market
402 E 5th St, Albert Lea, MN 56007
0.02
$73,800
1
1
468
Off Market
420 E 5th St, Albert Lea, MN 56007
0.02
$83,700
3
1
1,698
Off Market
1111 Saint John Ave, Albert Lea, MN 56007
0.02
$108,100
3
1
1,126
Off Market
409 E 6th St, Albert Lea, MN 56007
0.03
$100,400
2
1
1,044
Off Market
413 E 6th St, Albert Lea, MN 56007
0.03
$106,600
2
1
972
Off Market
405 5th St E, Albert Lea, MN 56007
0.03
$142,500
3
1
1,155
Off Market
403 E 6th St, Albert Lea, MN 56007
0.03
$58,600
2
1
841
Off Market
407 E 5th St, Albert Lea, MN 56007
0.03
$64,100
1
1
532
Off Market
415 E 6th St, Albert Lea, MN 56007
0.03
$71,900
3
1
1,235
Off Market
303 E 6th St, Albert Lea, MN 56007
0.04
$116,100
3
1
1,315
Off Market
405 E 5th St, Albert Lea, MN 56007
0.04
$162,200
3
1
1,238
Off Market
401 E 6th St, Albert Lea, MN 56007
0.04
$93,900
2
1
956
Off Market
409 E 5th St, Albert Lea, MN 56007
0.04
$96,500
3
2
1,211
Off Market
1106 Frank Ave, Albert Lea, MN 56007
0.04
$159,900
4
2
1,346
Off Market
1102 Frank Ave, Albert Lea, MN 56007
0.04
$133,000
3
2
1,535
Off Market
1110 Frank Ave, Albert Lea, MN 56007
0.04
$154,900
3
2
2,000
Off Market
411 E 5th St, Albert Lea, MN 56007
0.04
$77,300
3
2
1,243
Off Market
1114 Frank Ave, Albert Lea, MN 56007
0.04
-
2
1
1,194
Off Market

Local Information

  • Map ViewExplore the area around 406 E 5th St.
  • Schools1 Preschool School1 Elementary School2 Middle Schools1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Single-Family Home
Built in 1931
1,607 sqft
$35/sqft
Garage

About this House

Affordable home with lots of storage space, nice double stall garage, with room for RV parking, storage shed, and great patio area for entertaining.
406 E 5th St, Albert Lea, MN 56007 is a 2 bedroom, 2 bathroom, 1,607 sqft single-family home built in 1931. It last sold for $19,800 on Apr 26, 2012. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $56,000, with a rent estimate of $1,410/month.

Home Details for 406 E 5th St

Interior Features

Heating & Cooling
Heating: Forced Air, GasHeating Fuel: Forced Air
Levels, Entrance, & Accessibility
Stories: 1Floors: Carpet, Linoleum Vinyl
Interior Details
Number of Rooms: 6

Exterior Features

Exterior Home Features
Roof: AsphaltExterior: OtherFoundation Type: Concrete Block
Parking & Garage
GarageParking: Garage Detached

Property Information

Year Built
Year Built: 1931
Property Type / Style
Property Type: Single Family Home

Lot Information

Lot Area: 6969 sqft

Price and Tax history

DateEventPrice
Apr 26, 2012
Source: NorthstarMLS as distributed by MLS GRID #5073362
Sold
$19,800
Mar 13, 2012
Source: Agent Provided
Listed For Sale
$19,800

Market trends in Albert Lea

Last updated September 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$181K
$3.67KMoM
Sale-to-List Price
99.6%
0.5%MoM
Price per sq ft
$113
$14MoM
Available listings
112
14MoM
Sourced by Trulia Market Trends

Around this home

What Locals Say about Albert Lea

This October

Trick-or-Treat Score

Built from what locals say about this neighborhood.
  • 65% say there are sidewalks
  • 62% say there's holiday spirit
  • 59% say neighbors are friendly
Trulia Trick or TreatStart Ghost Hunt
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

Frequently asked questions about 406 E 5th St

  • What is 406 E 5th St estimated to be worth?
    Trulia's estimated value for 406 E 5th St in Albert Lea, MN is $56,000.
  • What is the price history for 406 E 5th St?
    406 E 5th St in Albert Lea, MN last sold for $19,800 in April 2012.
  • Is Albert Lea a buyer's or seller's market?
    Albert Lea is currently a seller's market, based on recent for-sale activity.
  • What's the median sale price in Albert Lea?
    The median sale price in Albert Lea is $181K. That is down $3.67K from the prior month.
  • How big is the lot at 406 E 5th St?
    The lot at 406 E 5th St in Albert Lea, MN is about 0.16 acres (6,970 sq ft).
  • Does 406 E 5th St have a garage?
    Yes, 406 E 5th St in Albert Lea, MN has a garage.

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Off Market Homes Near 406 E 5th St

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