Does this property have an HOA?

No, this property does not have a homeowners association.

What are the annual property taxes?

Annual property taxes are $4,280 (2025).

What school district is this property in?

This property is in the 241 - Albert Lea school district.

Does this home have a garage?

Yes, this home has a 2-car garage.

How long has this property been on the market?

This property has been listed for 69 days.

Listed at

$286,500

$120/sqft

1424 Penn Avenue

1424 Penn Avenue, Albert Lea, MN, 56007

5 Bedrooms4 Bathrooms2,396 Square Feet0.19 Acres

Days on market69

Year built1973

Garage spaces2

TypeResidential

Est. $5,595buyer credit when you buy with SODL

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About this home

Very nice 5 bedroom 4 bath two story home located on the southwest corner of Albert Lea. Near the Wedgewood golf course facility, close to schools, shopping, and a convenience store. Enjoy the warmth of the living room fireplace as well as the size of the family room. You will appreciate the extra bedroom and connected upper level bathrooms. The primary bath is private. In addition there is a large 3/4 lower level bath. Mature trees for fun and shade. Make your appointment today to view this well built home.

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Home facts

Property typeResidential

Property subtypeSingle Family

Year built1973

LevelsTwo

Living area2,396 sqft

Above-grade finished1,836 sqft

Below-grade finished560 sqft

Lot size0.19 acres (70 x 120)

Days on market69

ListedMar 6, 2026

MLS #NST7030223

CountyFreeborn

Parcel #340860930

Facts & features

Interior

Bedrooms: 5
Bathrooms: 4
Bath breakdown: 1 full / 1 3/4 / 2 half
Heating: Forced Air
Cooling: Central Air
Appliances: Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer, Water Softener Owned

Property

Levels / stories: Two
Garage: 2 spaces · 22 x 25 · 350 sqft
Parking features: Attached Garage, Concrete, Garage Door Opener
Exterior features: Stone, Vinyl
Fencing: Chain Link
Lot size: 0.19 acres

Construction

Property type: Residential
Property subtype: Single Family
Foundation: Block · 832 sqft
Roof: Age 8 Years or Less, Asphalt
Year built: 1973

Utilities

Water: City Water/Connected
Sewer: City Sewer/Connected
Fuel: Natural Gas
Electric: Circuit Breakers, 100 Amp Service

Community & HOA

HOA: No HOA
School district: 241 - Albert Lea
High school district: Albert Lea

Financial & listing details

Annual tax: $4,280 (2025)
Tax with assessments: 4348
Listed: Mar 6, 2026
Days on market: 69 · 41 cumulative
Manufactured home: Yes

Interior details

Total bathrooms4

Full baths1

3/4 baths1

Half baths2

1/4 baths0

BasementBlock, Egress Window(s), Partially Finished

HeatingForced Air

CoolingCentral Air

Fireplaces1

LaundryLower Level

AppliancesDishwasher, Dryer, Microwave, Range, Refrigerator, Washer, Water Softener Owned

DiningLiving/Dining Room

AmenitiesKitchen Window, Patio, Washer/Dryer Hookup

AccessibilityNone

Exterior & lot

ExteriorStone, Vinyl

RoofAge 8 Years or Less, Asphalt

FoundationBlock

Foundation area832 sqft

Lot featuresTree Coverage - Medium

Road frontageCity Street

Road responsibilityPublic Maintained Road

ZoningResidential-Single Family

Utilities

Water sourceCity Water/Connected

SewerCity Sewer/Connected

FuelNatural Gas

Parking & garage

ParkingAttached Garage, Concrete, Garage Door Opener

Garage spaces2

Garage size350 sqft

Financial details

Annual taxes$4,280

Tax year2025

Taxes w/ assessments4348

Assessment pendingNo

Down payment resourceYes

Lender ownedNo

Short saleNo

ForeclosureNo

Schools

District241 - Albert Lea

District number241

District phone5073794800

High schoolAlbert Lea

SODL flat fee brokerage

$5,595Estimated buyer credit

SODL platform fee $3,000Your buyer credit $5,595

Buyer-side commission

3.0%

How SODL buyer credits work

When you buy with SODL, the brokerage charges a flat $3,000 platform fee at closing. The remaining buyer-side commission (typically 3% of the purchase price) is credited directly back to you at closing, reducing the cash you bring to the table.

Tour homes with SODL’s flexible showing network
Submit offers and manage your transaction through the platform
Keep more money at closing through transparent flat-fee pricing

A clear, modern way to buy with expert guidance and meaningful savings.

Estimated monthly payment

$1,958/mo

Principal & interest$1,506

Property taxes$357

Home insurance (est.)$96

Down payment

$57,300

0%50%

Credit score

Loan term

These payment estimates are for illustration purposes only and may vary based on your lender, interest rate, credit profile, down payment, taxes, insurance, and loan terms. For a more accurate monthly payment estimate, speak with your lender or connect with SODL’s preferred lending partner.