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 $1,356 (2025).

Does this home have a garage?

Yes, this home has a 3-car garage.

How long has this property been on the market?

This property was listed for 21 days.

Pending

$139,900

$122/sqft

Lake Add

402 E 4th Street, Albert Lea, MN, 56007

4 Bedrooms2 Bathrooms1,149 Square Feet0.2 Acres

Days on market21

Year built1912

Garage spaces3

TypeResidential

Est. $1,197buyer credit when you buy with SODL

About this home

4 bedroom, 2 bath home. Oversized 3 stall heated garage, located on a nice corner lot with a fenced in side yard.

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Home facts

Property typeResidential

Property subtypeSingle Family Residence

Year built1912

LevelsOne and One Half

Living area1,149 sqft

Above-grade finished1,149 sqft

Below-grade finished0 sqft

Lot size0.2 acres (66x132)

Days on market21

ListedDec 23, 2025

MLS #NST7002473

CountyFreeborn

SubdivisionLake Add

Parcel #340360410

Facts & features

Interior

Bedrooms: 4
Bathrooms: 2
Bath breakdown: 2 full
Heating: Boiler
Cooling: None
Basement: Unfinished · 0 sqft finished

Property

Levels / stories: One and One Half
Garage: 3 spaces · 24x32 · 768 sqft
Parking features: Detached Garage, Gravel, Heated Garage
Lot size: 0.2 acres
Lot dimensions: 66x132
Accessibility: None

Construction

Property type: Residential
Property subtype: Single Family Residence
Foundation: 676 sqft
Year built: 1912

Utilities

Water: City Water/Connected
Sewer: City Sewer/Connected
Fuel: Electric

Community & HOA

Subdivision: Lake Add
HOA: No HOA
School district: Albert Lea

Financial & listing details

Annual tax: $1,356 (2025)
Tax with assessments: 1950
Listed: Dec 23, 2025
Days on market: 21
Manufactured home: Yes

Interior details

Total bathrooms2

Full baths2

3/4 baths0

Half baths0

1/4 baths0

BasementUnfinished

HeatingBoiler

CoolingNone

AccessibilityNone

Exterior & lot

Foundation area676 sqft

ZoningResidential-Single Family

Utilities

Water sourceCity Water/Connected

SewerCity Sewer/Connected

FuelElectric

Parking & garage

ParkingDetached Garage, Gravel, Heated Garage

Garage spaces3

Garage size768 sqft

Financial details

Annual taxes$1,356

Tax year2025

Taxes w/ assessments1950

Assessment pendingNo

Down payment resourceYes

Lender ownedNo

Short saleNo

ForeclosureNo

Schools

District number1141

District phone5073794800

High schoolAlbert Lea

SODL flat fee brokerage

$1,197Estimated buyer credit

SODL platform fee $3,000Your buyer credit $1,197

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

$895/mo

Principal & interest$735

Property taxes$113

Home insurance (est.)$47

Down payment

$27,980

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.