506 E 5th St, Albert Lea, MN 56007
FORECLOSURE
BANK OWNED

$64,000

  • 3 Beds
  • 1.5 Baths
  • 1,424 sqft

506 E 5th St, Albert Lea, MN 56007

Est. Mortgage $470/mo*
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Home Highlights

Single-Family Home
Built in 1920
$45/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

About this House

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
Last check for updates: about 21 hours ago
Listing courtesy of Brian Brockman
Bang Realty
Source: My State MLS, MLS#11883213

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: 118

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

Price and Tax history

DateEventPrice
Oct 2, 2026
Source: NorthstarMLS as distributed by MLS GRID #7153548
ListingRemoved
$99,900
Oct 1, 2026
Source: NorthstarMLS as distributed by MLS GRID #7153548
Listed For Sale
$99,900
Jun 8, 2017
Source: NorthstarMLS as distributed by MLS GRID #5096989
Sold
$72,500
Apr 28, 2017
Source: Agent Provided
Pending
$72,500
Mar 20, 2017
Source: Agent Provided
Listed For Sale
$72,500

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

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

Home Value

Learn more about this home's value by checking out the value of nearby homes.

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
502 E 5th St, Albert Lea, MN 56007
0.01
-
3
1
1,420
Off Market
510 E 5th St, Albert Lea, MN 56007
0.02
$110,700
2
2
1,334
Off Market
1109 Frank Ave, Albert Lea, MN 56007
0.03
$86,200
2
1
756
Off Market
514 E 5th St, Albert Lea, MN 56007
0.03
$72,500
3
1
1,417
Off Market
1029 Frank Ave, Albert Lea, MN 56007
0.03
$142,200
3
1
2,014
Off Market
507 E 6th St, Albert Lea, MN 56007
0.03
$136,800
2
2
2,178
Off Market
509 E 6th St, Albert Lea, MN 56007
0.03
$108,300
3
2
1,253
Off Market
507 E 5th St, Albert Lea, MN 56007
0.03
$66,200
2
1
1,065
Off Market
509 E 5th St, Albert Lea, MN 56007
0.04
$149,100
3
1
1,928
Off Market
516 E 5th St, Albert Lea, MN 56007
0.04
-
3
1
1,811
Off Market
511 E 6th St, Albert Lea, MN 56007
0.04
$101,000
3
3
1,195
Off Market
1117 Frank Ave, Albert Lea, MN 56007
0.04
$117,500
2
1
1,572
Recently Sold
519 E 5th St, Albert Lea, MN 56007
0.04
-
3
2
913
Off Market
1021 Frank Ave, Albert Lea, MN 56007
0.04
$64,200
2
2
1,051
Off Market
1102 Frank Ave, Albert Lea, MN 56007
0.04
$132,000
3
2
1,535
Off Market
1106 Frank Ave, Albert Lea, MN 56007
0.04
$158,000
4
2
1,346
Off Market
518 E 5th St, Albert Lea, MN 56007
0.04
-
3
1
1,047
Off Market
513 E 6th St, Albert Lea, MN 56007
0.04
$106,700
3
1
1,400
Off Market
1110 Frank Ave, Albert Lea, MN 56007
0.04
$153,500
3
2
2,000
Off Market
1030 Frank Ave, Albert Lea, MN 56007
0.05
$97,500
2
1
912
Off Market

LGBTQ Local Legal Protections

Brian Brockman, Bang Realty

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Frequently asked questions about 506 E 5th St

  • What is the estimated monthly payment for 506 E 5th St?
    Based on a $64,000 list price with 20% down at today's rates, the estimated monthly payment for 506 E 5th St in Albert Lea, MN is approximately $479 (about $347 principal & interest, $57 property taxes, and $75 homeowner's insurance). This is an estimate. Actual payment depends on your loan terms.
  • How does the list price for 506 E 5th St compare to homes in Albert Lea?
    506 E 5th St in Albert Lea, MN is listed at $64,000, about 65% below the $181K median sale price in Albert Lea.
  • 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 homes for sale in Albert Lea, MN.
  • What are the closest schools to 506 E 5th St?
    The closest schools to 506 E 5th St in Albert Lea, MN are Albert Lea Senior High School (Middle, rated 6/10), Halverson Elementary School (Pre-K, rated 6/10), Southwest Middle School (rated 4/10).
  • How big is the lot at 506 E 5th St?
    The lot at 506 E 5th St in Albert Lea, MN is about 0.20 acres (8,712 sq ft).
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.