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 $2,175.46 (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 231 days.

Listed at

$224,900

$133/sqft

1518 Elm Street

1518 Elm Street, Albert Lea, MN, 56007

3 Bedrooms3 Bathrooms1,687 Square Feet0.38 Acres

Days on market231

Year built1965

Garage spaces2

TypeResidential

Est. $3,747buyer credit when you buy with SODL

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About this home

Schedule your appointment today to tour this three bedroom ranch home with a double attached garage, vinyl siding and partially finished basement located in the outlying area of Albert Lea. Enjoy this spacious back yard area with a large deck and partial wooded area for your enjoyment. The interior of this home has been partially repainted, wood laminate flooring/ newer carpet throughout and a double sided fireplace to be utilized from both the main level family room and the living room. See under Documents for property improvement details.

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Home facts

Property typeResidential

Property subtypeSingle Family

Year built1965

LevelsOne

Living area1,687 sqft

Above-grade finished1,259 sqft

Below-grade finished428 sqft

Lot size0.38 acres (143' x 80')

Days on market231

ListedSep 10, 2025

MLS #NST6785923

CountyFreeborn

Parcel #344600100

Facts & features

Interior

Bedrooms: 3
Bathrooms: 3
Bath breakdown: 1 full / 1 3/4 / 1 half
Heating: Forced Air, Fireplace(s), Wood Stove
Cooling: Central Air
Appliances: Cooktop, Dishwasher, Dryer, Exhaust Fan, Gas Water Heater, Microwave, Range, Refrigerator, Washer, Water Softener Owned

Property

Levels / stories: One
Garage: 2 spaces · 24' x 22' · 528 sqft
Parking features: Attached Garage, Concrete, Garage Door Opener
Patio & porch: Deck
Exterior features: Stone, Vinyl
Pool: None

Construction

Property type: Residential
Property subtype: Single Family
Construction materials: Frame
Foundation: Block · 1,606 sqft
Roof: Age Over 8 Years, Architectural Shingle, Asphalt, Pitched
Year built: 1965

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: $2,175.46 (2025)
Tax with assessments: 3316
Listed: Sep 10, 2025
Days on market: 231 · 200 cumulative
Manufactured home: Yes

Interior details

Total bathrooms3

Full baths1

3/4 baths1

Half baths1

1/4 baths0

BasementBlock, Crawl Space, Partially Finished, Storage Space

HeatingForced Air, Fireplace(s), Wood Stove

CoolingCentral Air

Fireplaces2

LaundryIn Basement, Electric Dryer Hookup, Lower Level, Washer Hookup

AppliancesCooktop, Dishwasher, Dryer, Exhaust Fan, Gas Water Heater, Microwave, Range, Refrigerator, Washer, Water Softener Owned

DiningBreakfast Bar, Informal Dining Room

AmenitiesCable, Ceiling Fan(s), Deck, Hardwood Floors, Kitchen Window, Local Area Network, Main Floor Primary Bedroom, Natural Woodwork, Washer/Dryer Hookup

AccessibilityNone

Special features3 BR on One Level, Main Floor Primary, Main Floor Bedroom

Exterior & lot

ExteriorStone, Vinyl

RoofAge Over 8 Years, Architectural Shingle, Asphalt, Pitched

FoundationBlock

Foundation area1,606 sqft

Patio/porchDeck

Lot featuresTree Coverage - Medium

Road frontageCity Street, Paved Streets, Street Lights

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 size528 sqft

Financial details

Annual taxes$2,175.46

Tax year2025

Taxes w/ assessments3316

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

$3,747Estimated buyer credit

SODL platform fee $3,000Your buyer credit $3,747

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.

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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

$1,438/mo

Principal & interest$1,182

Property taxes$181

Home insurance (est.)$75

Down payment

$44,980

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.

Location

1518 Elm Street, Albert Lea, MN, 56007

Street View

Listing information

MLS #NST6785923

StatusClosed

Last updatedMay 4, 2026, 8:50 PM

Originally listedSep 10, 2025, 1:44 PM

Listing officeCentury 21 Atwood

Listing information provided courtesy of the MLS. This information is deemed reliable but is not guaranteed.