24 days on rocket

1302 Madison Ave, Albert Lea, MN, 56007

$248,000

Home List Price

$2,945*

Closing Credit

0 Baths
3,512 SqFt
$71/SqFt
Multi
Schools Nearby

Location

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1302 Madison Ave, Albert Lea$248,000

Buyer Closing Credits

$2,945*

1.25% Loan Amount

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Property Highlights

Home TypeQuadruplex
ParkingGravel, Parking Lot
Year Built1928
HeatingForced Air
BasementYes
MLS #6541159
StatusActive

About 1302 Madison Ave

Fully rented 4-plex. All units are 2 bedrooms with a full bathroom. Large cement off the back overlooks an open field. 3 units have their own laundry in the lower level. Unit 4 has laundry in the unit. All units have additional storage in the lower level. Electric and gas is split so each unit pays their own. Off street parking.

Property Details

Property Features

Property Information:

  • Year Built: 1928
  • Living Area: 3,512 SqFt

Listing Office:

  • Office Name: RE/MAX Properties

Interior Features

Interior Information:

  • Basement: Yes

Exterior Features

Parking Information:

  • Attached Garage: No
  • Parking: Gravel, Parking Lot

Utilities

Utilities Information:

  • Heating: Forced Air

School Info

Assigned Schools Information:

  • Albert Lea Senior High School, Public District Grades 8-12
  • Southwest Middle School, Public District Grades 6-7
  • Sibley Elementary School, Public District Grades KG-5

Other

Directions Information:

  • Directions: East on Front St from Broadway Ave, left onto Madison Ave, drive to the end of the road and turn right.

Price Information

Listing Price Info

Price Summary:

  • List Price: $248,000
  • Price Per SqFt: $71/SqFt

Tax Information:

  • Annual Amount: $2,142
  • Tax Year: 2021
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MLS Details

MLS Information:

  • MLS Name: NORTHSTAR
  • MLS Number: #6541159

Listing Office:

  • Office Name: RE/MAX Properties

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Last updated on: 6/16/2024, 12:52:47 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$2,142$107,500
2020$2,142$89,700
2018$2,028 -

History based on county public records data.

Payment Calculator

$1,305

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$810

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-1541751
6
/10

  • Sibley Elementary School

  • 1501 W Front St

  • 0.90 miles

  • Public District Grades KG-5

Middle School

school-card-donut-1541752
3
/10

  • Southwest Middle School

  • 1601 W Front St

  • 0.99 miles

  • Public District Grades 6-7

High School

school-card-donut-1541753
5
/10

  • Albert Lea Senior High School

  • 2000 Tiger Ln

  • 2.74 miles

  • Public District Grades 8-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

All data provided by Home Junction and Claritas

Rocket Homes›Minnesota›Freeborn County›Albert Lea›56007›1302 Madison Ave

This home is located at 1302 Madison Ave in Albert Lea, MN and zip code 56007. This 3,512 square foot home was built in 1928. It has been listed on Rocket Homes since May 22, 2024 and is currently priced at $248,000.

From Rocket Homes Real Estate and based on county public records data.

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