506 E 5th St, Albert Lea, MN 56007
NEW - 8 HRS AGO
FORECLOSURE
BANK OWNED

506 E 5th St
Albert Lea, MN 56007

  • 3 Beds
  • 1.5 Baths
  • 1,424 sqft

$64,000

Est. Mortgage $449/mo*
Get Pre-Qualified

$64,000

Est. Mortgage $449/mo*
Get Pre-Qualified
3 Beds
1.5 Baths
1,424 sqft

Local Information

  • Map ViewExplore the area around 506 E 5th St.
  • Schools1 Preschool School1 Elementary School2 Middle Schools1 High School
  • Shop & Eat
-- mins to
Commute Destination

Description

Property is available for online auction only. See Realty Bid for property, auction, & bidding information. *No showings, no trespassing.
Contact this Building
View our Foreclosure Guides

Home Highlights

Parking
No Info
Outdoor
No Info
A/C
Heating only
HOA
None
Price/Sqft
$45
Listed
Less than a day ago

Home Details for 506 E 5th St

Interior Features

Interior Details
Number of Rooms: 1Types of Rooms: Basement
Beds & Baths
Number of Bedrooms: 3Number of Bathrooms: 2Number of Bathrooms (full): 1Number of Bathrooms (half): 1
Dimensions and Layout
Living Area: 1424 Square Feet
Heating & Cooling
Heating: Has Heating Unspecified TypeNo CoolingHas HeatingHeating Fuel: Has Heating Unspecified Type
Fireplace & Spa
No Fireplace
Gas & Electric
Electric: Amps(0)
Levels, Entrance, & Accessibility
Stories: 2
View
No View

Exterior Features

Exterior Home Features
No Private Pool
Parking & Garage
No Garage
Frontage
Not on Waterfront
Finished Area
Finished Area (above surface): 1424 Square Feet

Days on Market

Days on Market: <1 day on Trulia

Property Information

Year Built
Year Built: 1920
Property Type / Style
Property Type: ResidentialProperty Subtype: Single Family Residence
Building
Not a New Construction
Property Information
Parcel Number: 34.036.1900

Price & Status

Price
List Price: $64,000Price Per Sqft: $45

Active Status

MLS Status: Active

Location

Direction & Address
City: Albert Lea

Agent Information

Listing Agent
Listing ID: 11883213

Building

Building Area
Building Area: 1424 Square Feet

Community

Not Senior Community

HOA

No HOAHOA Fee: No HOA Fee

Lot Information

Lot Area: 8712 sqft

Listing Info

Special Conditions: Auction, Real Estate Owned

Rental Terms, Policies & Fees

Miscellaneous

Mls Number: 11883213Above Grade Unfinished Area: 1424
Last check for updates: about 4 hours ago
Listing courtesy of Brian Brockman
Bang Realty
Source: My State MLS, MLS#11883213

Market trends in Albert Lea

Last updated June 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
—
Sale-to-List Price
—
Price per sq ft
—
Available listings
115
25MoM

Price History for 506 E 5th St

DatePriceEventSource
06/08/2017$72,500Sold
NorthstarMLS as distributed by MLS GRID #5096989
04/28/2017$72,500PendingAgent Provided
03/20/2017$72,500Listed For SaleAgent Provided
03/12/2013$41,000Sold
Lake Superior Area Realtors as distributed by MLS GRID #1982983

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Property Tax and Assessment

Year2025
Tax$1,138
Assessment$76,900
Home facts updated by county records

Nearby homes

Get a sense of prices in the area by checking nearby homes.
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Assigned Schools

These are the assigned schools for 506 E 5th St.
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 101 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

  • 63 % Say there's holiday spirit

  • 59 % Say neighbors are friendly

  • 54 % Say it's quiet

  • 50 % 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
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  • 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."
    1
    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."
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  • 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
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  • Dsrborland
    "good place to live,low crime,"
    0
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LGBTQ Local Legal Protections

Brian Brockman, Bang Realty
506 E 5th St, Albert Lea, MN 56007 is a 3 bedroom, 2 bathroom, 1,424 sqft single-family home built in 1920. This property is currently available for sale and was listed by My State MLS on Jul 13, 2026. The MLS # for this home is MLS# 11883213.